FACILITIESPENDING

Rockrose TIRZ infrastructure reimbursement agreement

Rockrose Development, LLC is slated to enter a restated developer agreement with the South Gateway TIRZ #3 to construct public streets and utilities north of Loop 335. The Zone would reimburse up to $4.67 million from tax increment revenues through 2042, while Rockrose covers any additional project costs.

Status
PENDING
Document date
April 23, 2026
Contract type
FACILITIES
Vendor
Rockrose Development Llc
Agency
city of Amarillo · TX

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Veritone logo
TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $4,670,000; Developer responsible for Public Improvement costs exceeding $4,670,000.00; total estimated project cost $5,712,898.00
Contract type
FACILITIES
Contract term
Effective date through the earlier of complete performance, December 31, 2042, or expiration of the Zone; reimbursements in annual installments beginning with 2024 tax year, anticipated first payment no earlier than June 1, 2025
Renewal date
2042-12-31
Renewal
First Amended and Restated Developer Agreement replacing the original April 23, 2024 agreement; maintains a maximum reimbursement cap of $4,670,000 with no automatic renewal beyond December 31, 2042.
Document type
Agenda
Source document
South Gateway Tax Increment Reinvestment Zone #3 Board of Directors Meeting Agenda April 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by city of Amarillo?

Rockrose Development Llc was awarded this facilities contract by city of Amarillo, as recorded on April 23, 2026. The contract value is Not to exceed $4,670,000; Developer responsible for Public Improvement costs exceeding $4,670,000.00; total estimated project cost $5,712,898.00.

How much is the Rockrose Development Llc contract with city of Amarillo worth?

The Rockrose Development Llc contract with city of Amarillo is valued at Not to exceed $4,670,000; Developer responsible for Public Improvement costs exceeding $4,670,000.00; total estimated project cost $5,712,898.00, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in South Gateway Tax Increment Reinvestment Zone #3 Board of Directors Meeting Agenda April 2026 (Agenda), dated April 23, 2026 from city of Amarillo. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Rockrose Development Llc hold?

Rockrose Development 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.

View Rockrose Development Llc's profile

What is city of Amarillo currently buying?

Explore city of Amarillo's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View city of Amarillo's profile

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