City of Amarillo Agenda Regular Meeting 2026-05-26
TIRZ Developer Agreement with Amarillo Area Foundation
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Description
The City of Amarillo plans to enter a TIRZ #1 developer agreement with Amarillo Area Foundation for up to $50,000 in streetscape improvements tied to renovation of an existing parking lot. The incentive payment depends on at least $128,125 in private investment and successful project completion.
Contract Details
Contract Amount
Not to exceed $50,000
Vendor
AMARILLO AREA FOUNDATION
Agency
city of Amarillo, TX
Contract Type
FACILITIES
Document Date
May 25, 2026
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APPROVEDcity-of-amarillo-agenda-transmittal-memo-may-27-2025_f88.pdf
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