college station medical district
TRANSCRIPT
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College Station Medical District
Infrastructure & Economic Development Agreement
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Implementation Tools
•Infrastructure & Development Agreement
•Municipal Management District - MMD
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Infrastructure & Development Agreement
•Regional Infrastructure•Performance Criteria•Synthetic TIRZ – Financing Mechanism
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Performance Criteria
•Construct Infrastructure•$50M – New Taxable Value•150,000 sq. ft. - Commercial Buildings
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Benefits
•Reimbursement for Regional Infrastructure
•Non-Compete for Town Center•Activate larger area for Development
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College Station Medical District
Rock Prairie Management District #2
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College Station Medical District
Board AppointmentsRock Prairie Management District #2
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Nominees
•Jeff Brown•Hays Glover•Kamal Ariss•Uri Geva•Randall Rother
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East Side – Funding Tools
•Tax Increment Reinvestment Zone (TIRZ)•Municipal Management District (MMD)•$15M Transportation Bond Funds•Private Development/Investment