CONSTRUCTIONAMENDED

arlington-housing-authority-agenda-2024-11-22_e7a.pdf

Fourth Amendment Extends Urban Front LLC TIRZ Agreement

Arlington Housing AuthorityURBAN FRONT LLCNovember 22, 2024

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Description

Arlington's TIRZ #1 Board approved a Fourth Amendment to its Tax Increment Reimbursement Agreement with Urban Front, LLC, granting an extension for completion of public and private improvements to March 1, 2025 after contractor delays. This continues a multi-year public-private partnership supporting mixed-use development in the Urban Union District.

Contract Details

Vendor

URBAN FRONT LLC

Agency

Arlington Housing Authority, TX

Contract Type

CONSTRUCTION

Document Date

November 22, 2024

Contract Term

Original agreement August 3, 2020; amendment extends deadline for project completion to March 1, 2025

Renewal Date

2025-03-01

Renewal Info

Amendment extends existing agreement originally dated August 3, 2020; previous amendments approved September 13, 2021, April 6, 2023, and June 25, 2024. Latest amendment pushes project completion deadline to March 1, 2025. Agreement remains in force as so amended.