City of Amarillo Agenda Regular Meeting 2026-05-26
TIRZ Streetscape Grant for Amarillo Area Foundation
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Description
The City of Amarillo plans to approve a TIRZ #1 developer agreement with Amarillo Area Foundation for a one-time grant up to $50,000 to fund streetscape improvements tied to a parking lot renovation downtown. The incentive is contingent on at least $128,125 in private investment and project completion.
Contract Details
Contract Amount
Not to exceed $50,000.00
Vendor
AMARILLO AREA FOUNDATION
Agency
city of Amarillo, TX
Contract Type
FINANCIAL_SERVICES
Document Date
May 25, 2026
Contract Term
One-time grant, contingent on project completion and $128,125 private investment
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