Council committee backs $17.2 million amendment to Reed Street Yards TID

Dan Casanova of the Department of City Development reviewed proposed Amendment No. 4 to Reed Street Yards Tax Incremental District No. 75, a package of roughly $17.2 million in infrastructure investments intended to support ongoing downtown-adjacent redevelopment. Casanova outlined priority projects: infrastructure to make city-owned Neeland parcels developable, reconstruction of a damaged abutment section of 2nd Street beneath the railway, permanent safety and design work at the 6th Street roundabout, removal or mitigation of hazardous rail tracks crossing Canal Street, playground replacement at Clementina Castro Park and preliminary work to evaluate a parking structure in Walker's Point.