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20-847
| 1 | 1. | | BRIEFING ITEMS | Approval of the March 2, 2020 Economic Development Committee Minutes | | |
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20-849
| 1 | A. | | BRIEFING ITEMS | Authorize (1) a third amendment to the Chapter 380 Grant Agreement (“2016 Chapter 380 Agreement”) with WCWRD Inc and its affiliates or subsidiaries (“Developer”) and a second amendment to the Tax Increment Development, Chapter 380 Grant, and Chapter 380 Loan Agreement (“2018 TIF/Chapter 380 Agreement”) with Developer, approved as to form by the City Attorney, related to the Red Bird Mall Redevelopment Project (“Project”) to: (a) increase the amount of the 2018 Chapter 380 conditional grant by $3,000,000.00 in bond funds; (b) remove the requirement that the Developer make any Distributable Cash Payments to the City pari passu with distributions of cash flow to the Project’s equity investors; and (c) increase the minimum Investment Requirement for the Project by $14,000,000.00; (2) an amendment to the Amended and Restated Deed of Trust to add the former Sears property and, at the request of the Developer, any other future properties acquired by the Developer within the Westmoreland-IH 20 Sub-District of Tax Increment Reinvestment Zone Number Twenty (“Mall Area Redevelopment TIF Distric | | |
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20-881
| 1 | B. | | BRIEFING ITEMS | “Request for Resolutions of No Objection for 4% Non-Competitive Housing Tax Credits Allocated Through the Texas Department of Housing and Community Affairs and Proposed Recommendations for (1) the renovation of Ridgecrest Terrace Apartments, a 250-unit affordable multifamily property located at 526 South Walton Walker Boulevard, (2) the development of Ridge at Lancaster, a 300-unit affordable multifamily property located at 5703 Lancaster Road & 1819 Crouch Road, (3) the development of Gateway Oak Cliff, a 230-unit mixed income multifamily property located at 400 South Beckley Avenue, and (4) the development of The Oaks, a 260-unit mixed income multifamily property for seniors located at 630 South Llewellyn Avenue.”
[Kyle Hines, Manager, Office of Economic Development] | | |
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20-853
| 1 | C. | | BRIEFING ITEMS | Consideration of authorizing a public hearing to determine the proper zoning on property zoned Planned Development District No. 595, the South Dallas/Fair Park Special Purpose District, in an area generally bounded by the Union Pacific (DART) Railroad, the Southern Pacific Railroad, C.F. Hawn Freeway, the D.P.& L Company easement, Central Expressway (S.M. Wright Freeway), the Southern Pacific Railroad, the Santa Fe Railroad, R.L. Thornton Freeway, Second Avenue, Parry Avenue, Robert B. Cullum Boulevard, Fitzhugh Avenue, Gaisford Street, and the common line between City Blocks 1820 and D/1821. This is a hearing to consider the request to authorize the hearing and not the rezoning of the property at this time.
[Kris Sweckard, Director, Sustainable Development and Construction] | | |
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20-852
| 1 | D. | | BRIEFING ITEMS | Incentive Agreement Extension, authorizing (i) extensions of up to six months, subject to approval of the Director of the Office of Economic Development (“Director”), for city-imposed contractual deadlines occurring on or after March 1, 2020 for active incentive agreements approved by the City Council prior to March 1, 2020; (ii) an additional extension of up to six months, subject to approval of the Director, for such active incentive agreements; and (iii) forbearance of loan payments and extension of loan maturity dates for a period of up to six months, subject to approval of the Director, due to the economic impact of COVID-19.
[Courtney Pogue, Director, Office of Economic Development] | | |
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20-850
| 1 | E. | | ITEMS FOR INDIVIDUAL CONSIDERATION | Authorize an amendment to the Chapter 380 Economic Development Grant Agreement and Business Personal Property Tax Abatement with Uber Technologies, Inc., authorized by City Council on August 14, 2019 by Resolution No. 19-1166, to extend deadlines for certain city-imposed contractual requirements at no additional cost consideration to the City.
[Courtney Pogue, Director, Office of Economic Development] | | |
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20-848
| 1 | F. | | BRIEFING ITEMS | Acceptance of Four Grants from Preservation Dallas as a Match to City Funds for a Contract for a Historic Survey and Contextual Statements
[Murray G. Miller, Historic Preservation Officer, Office of Historic Preservation] | | |
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20-894
| 1 | G. | | BRIEFING ITEMS | Dallas Small Business Continuity Fund, Launch
[Courtney Pogue, Director, Office of Economic Development] | | |
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