Celina TIRZ Agreement Amended for Zone Expansion and Cost Increase
City of Celina cityCity · Celina, TX- Disclosed value
- Estimated $32,183,628 for original project costs; Economic development grant $400,000 plus 6% annual interest; additional total project costs after amendment $44.9 million (cumulative for the zone)
- From agenda
- Document date
- Oct 14, 2025
- Renews
- Free account
The 30-second brief
The Celina City Council and TIRZ #15 Board of Directors approved the First Amendment to its tax increment reinvestment zone (TIRZ) agreement with HC Celina 414, LLC. The amendment incorporates an additional 53.828 acres and increases total reimbursable project costs to $44.9 million, allowing reimbursements for new public infrastructure costs under expanded project and finance plans.
Hc Celina 414 LLC holds this contract with City of Celina city.
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Contract details
- Amount
- Estimated $32,183,628 for original project costs; Economic development grant $400,000 plus 6% annual interest; additional total project costs after amendment $44.9 million (cumulative for the zone)
- Document date
- October 14, 2025
- Term
- July 11, 2023 – TIRZ termination (see notes; likely up to 35 years or upon full reimbursement/payment of all obligations)
- Renews
- Free account
- Vendor
- Hc Celina 414 LLC
- Agency
- City of Celina city
- Source document
- Celina City Council Agenda October 2025 (Agenda)
Hc Celina 414 LLC's other public contracts
More City of Celina city contracts
Questions about this contract
Who was awarded the government contract by City of Celina city?
Hc Celina 414 LLC was awarded this government contract by City of Celina city, as recorded on October 14, 2025. The contract value is Estimated $32,183,628 for original project costs; Economic development grant $400,000 plus 6% annual interest; additional total project costs after amendment $44.9 million (cumulative for the zone).
How much is the Hc Celina 414 LLC contract with City of Celina city worth?
The Hc Celina 414 LLC contract with City of Celina city is valued at Estimated $32,183,628 for original project costs; Economic development grant $400,000 plus 6% annual interest; additional total project costs after amendment $44.9 million (cumulative for the zone).
What type of contract is this?
This is a government contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Celina City Council Agenda October 2025 (Agenda), dated October 14, 2025 from City of Celina city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Hc Celina 414 LLC hold?
Hc Celina 414 LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Celina city currently buying?
Explore City of Celina city's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.