Economic Development, Downtown Property and Incentives

At a glance

  • What: Economic development agreements, incentives and city-owned downtown property.
  • Where it stands: Closed sessions on business prospects and downtown Central Business District property (8/25, 9/8, 10/13, 11/17), an Amarillo Economic Development Corporation update (8/11), and on the 11/17 agenda a repurchase of about 257.6 acres from International Paper for $6,440,100, a Circle K participation agreement and a participation agreement with Potter County Assistance District No. 1.
  • Next: Council action on the November 17 items.

Details

  • Officials named: no individual officials identified in the records read.
  • See the Log for the meeting-by-meeting record. Outcomes for September onward are not confirmed because minutes are not yet posted.

Sources

Log

2026-08-11 - City Council

  • Quarterly update from the Amarillo Economic Development Corporation.

2026-08-25 - City Council

  • Closed session on prospects and downtown property.

2026-09-08 - City Council

  • Closed session on real property in the southwest quadrant.

2026-10-13 - City Council

  • Closed session on economic development prospects.

2026-11-17 - City Council

  • Land repurchase and participation agreements on the agenda.