College Station Medical District

Infrastructure & Economic Development Agreement

Implementation Tools

•Infrastructure & Development Agreement

•Municipal Management District - MMD

Infrastructure & Development Agreement

•Regional Infrastructure•Performance Criteria•Synthetic TIRZ – Financing Mechanism

Performance Criteria

•Construct Infrastructure•$50M – New Taxable Value•150,000 sq. ft. - Commercial Buildings

Benefits

•Reimbursement for Regional Infrastructure

•Non-Compete for Town Center•Activate larger area for Development

College Station Medical District

Rock Prairie Management District #2

College Station Medical District

Board AppointmentsRock Prairie Management District #2

Nominees

•Jeff Brown•Hays Glover•Kamal Ariss•Uri Geva•Randall Rother

East Side – Funding Tools

•Tax Increment Reinvestment Zone (TIRZ)•Municipal Management District (MMD)•$15M Transportation Bond Funds•Private Development/Investment