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Commissioners approve downtown development concessions, park parcels and financing adjustments
Summary
After negotiations with developers, commissioners approved terms that include county loans to support a downtown ballpark project, seller interest payments on an advance, and allocation of parcels for public parks; the court authorized the county judge to finalize related documents.
The Bexar County Commissioners Court on April 28 approved a set of negotiated adjustments with downtown developers tied to a proposed ballpark and arena redevelopment.
County staff and developer representatives described a revised package in which the developer agreed to pay interest on a county advance and to allocate a portion of an assessment stream and land parcels to create public linear park space adjacent…
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