3406-2023: To authorize the Director of the Department of the Development to amend and restate the Amended and Restated TIF Reimbursement Agreement dated as of October 31, 2019 authorized by Ordinance No. 2043-2019, as amended by Ordinance No. 2932-2021, and to execute the Second Amended and Restated TIF Reimbursement Agreement with NWD Investments, LLC, relating to the extension of certain tax increment financing areas within the Arena District; to authorize the Director of the Department of the Development to enter into one or more housing development agreements with NWD Investments, LLC; and to authorize the appropriation, transfer, and/or expenditure of the service payments in lieu of taxes and property tax rollback payments from the TIFs under the Second Amended and Restated TIF Reimbursement Agreement.
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