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EDC directs staff to draft 380 reimbursement agreements for two North Main redevelopment sites
Summary
The Joshua City Economic Development Corporation directed staff to draft separate Chapter 380 reimbursement agreements for Renfield Properties Inc.'s projects at 204 and 207 North Main, citing drainage and sidewalk/parking infrastructure needs; no formal vote was required.
The Joshua City Economic Development Corporation directed staff to prepare two Chapter 380 reimbursement agreements to help cover infrastructure costs for Renfield Properties Inc.'s redevelopment projects at 204 and 207 North Main.
City staff member, presenting the request, said, "I put a short memo in your packet of a potential 3 80 agreement on that," and recommended separate agreements for each building to keep the paperwork neat. The staff member told the board Renfield had asked for help with parking, sidewalks, excavation and engineering related to drainage problems in the downtown area and that the…
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