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Second Street Lighting Approved

Thursday, June 12, 2014 Tax Increment Financing (TIF #15) Board of Directors Meeting
  • Funding was approved for a significant tree lighting project along Second Street, totaling up to $235,200 over six years.
  • This unanimous decision was made by the Tax Increment Financing Reinvestment Zone #15 Board of Directors.
  • Before the TIF board met, the Austin Housing Finance Corporation meeting concluded with a 7-0 vote on an unspecified item.
  • The City Council meeting was then officially called back to order to commence its main agenda items.

Full Transcript

Tax Increment Financing Reinvestment Zone #15 Board of Directors Meeting Transcript – 06/12/2014 [10:00:52] >> Leffingwell: All in favor say aye. Aye. Opposed say no. Passes on a vote of 7-0. That completes our agenda, so this meeting of the austin housing finance corporation is adjourned, and we'll call to order a meeting of tax increment financing reinvestment zone number 15. >> Good afternoon, president leffingwell, vice president cole and board members, my name is fred evans with economic development. This afternoon we only have -- excuse me, two items on our tif agenda. The first is approval of the minutes from the last meeting on december 15th of 2011. And then a second item is to recommend award and execution of a supply agreement for tree lighting along second street in the amount of -- in a total amount not to exceed 235,200 over a six month -- I mean a six year term. >> Leffingwell: The consent agenda is to approve items number 1 and 2. Councilmember spelman moves approval, mayor pro tem cole seconds. In favor say aye. Aye, opposed say no. Passes on a vote of 7-0. That concludes our agenda for the tax increment financing reinvestment zone number 15, we're adjourned without objection, I'll call back to order this meeting of the austin city council.