Legislation Details

File #: 941-2026    Version: 1 Name:
Type: Emergency Ordinance Status: Agenda Ready
File created: 8/14/2026 In control: City Council
On agenda: 8/19/2026 Final action:
Passage/adoption date:
Effective date:    
Title: AN EMERGENCY ORDINANCE To amend Section 2 of Ordinance No. 906-2020, passed December 2, 2020, relating to a Tax Increment Financing Agreement with Library Lofts LLC and/or UC City Center LLC, and/or designees for a development project, to remove the term “not to extend beyond 2052” and to provide a summary of supplemental project phases and authorizing amendments to existing TIF agreements and supplemental TIF escrow agreements.
Sponsors: Jasmin Santana, Blaine A. Griffin, By Departmental Request
Attachments: 1. 941-2026-FOR PASSAGE-amend ord 906-2020 TIF Circle Square- Amend and supplement, 2. 941-2026 FP letter-amend ord 906-2020 TIF Circle Square- Amend and supplement
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Title

AN EMERGENCY ORDINANCE To amend Section 2 of Ordinance No. 906-2020, passed December 2, 2020, relating to a Tax Increment Financing Agreement with Library Lofts LLC and/or UC City Center LLC, and/or designees for a development project, to remove the term “not to extend beyond 2052” and to provide a summary of supplemental project phases and authorizing amendments to existing TIF agreements and supplemental TIF escrow agreements.