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2025-1851 • Regular AgendaCity of Amarillo (Potter County)
CONSIDER APPROVAL - Assignment and Assumption of Incentive Agreement between TIRZ #1 and Summit NCI JV 177, LLC to 724 S. Polk Street Operating, LLCThis item considers the approval of Summit NCI JV 177, LLC assigning their TIRZ #1 incentive agreement rela
Presented in: City of Amarillo City Council - October 14, 2025 on 2025-10-14
Official Roll-Call Vote
Expands Gov't • 7.5/10 Impact Weight
PASSED (4 - 1)
“allow the agreement between TIRZ 1 and Summit NCIJV1 to 724 South Polk Street Operating, LLC”
CS
Cole Stanley
Mayor (At-Large)
NO
TR
Tim Reid
Councilmember, Place 1 (Place 1)
YES
DT
Don Tipps
Councilmember, Place 2 (Place 2)
YES
DP
David Prescott
Councilmember, Place 3 (Place 3)
YES
LS
Les Simpson
Councilmember, Place 4 (Place 4)
YES
Staff Report & Agenda Item Details
CONSIDER APPROVAL - Assignment and Assumption of Incentive Agreement between TIRZ #1 and Summit NCI JV 177, LLC to 724 S. Polk Street Operating, LLCThis item considers the approval of Summit NCI JV 177, LLC assigning their TIRZ #1 incentive agreement rela
Bastiat Liberty & Property Rights Analysis
This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 7.5/10). Under the Bastiat Liberty Watchdog Index, measures that increase tax rates or fee schedules, issue new debt or Certificates of Obligation, expand regulatory/zoning restrictions on private land use, or authorize unbudgeted spending expansions reduce an official's Freedom Score when voted YES (and reward dissenting NO votes).