Summary
The board is reviewing the transfer of development agreement proceeds and loan collateral from B1 Bank to First Liberty Bank. This administrative change affects how financing and revenue streams are handled for development within the zone.
At a glance
- Total mentions
- 5
- Last 30 days
- 0
Last discussed Jul 2, 2026.
Impact analysis
Involves the reassignment of development agreement proceeds and loan obligations between financial institutions.
The lending institutions and the development entities involved in restructuring their financing agreements.
Mentions & discussions (5)
Tax Increment Reinvestment Zone #13 - Jul 2, 2026
The board scheduled discussions on how to distribute current increment funds to the TIRZ 13 developer bank, how to handle upcoming 2026 funds expected in the fall, and how to settle outstanding zone invoices.
Tax Increment Reinvestment Zone #13 - Jun 23, 2026
The board was scheduled to review and approve outstanding operational and administrative invoices for the zone.
Tax Increment Reinvestment Zone #13 - Mar 6, 2026
The board is reviewing the transfer of development agreement proceeds and loan collateral from B1 Bank to First Liberty Bank. This administrative change affects how financing and revenue streams are handled for development within the zone.
Galveston Island Redevelopment Authority (RDA) - Mar 2, 2026
The board was scheduled to address the transfer of collateral assignment of TIRZ 13 development agreement proceeds to First Liberty Bank and the distribution of remaining increment funds to the developer bank.
Tax Increment Reinvestment Zone #13 - Feb 27, 2026
The board is reviewing a shift in financial backing, moving the collateral assignment of development agreement proceeds from B1 Bank to First Liberty Bank.
We'll email you when it's on an upcoming agenda and when it's voted on, at most once a day.
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