Item 12 — Thursday, May 22, 2025

Current official agenda wording

Authorize negotiation and execution of an amendment to the interlocal agreement with the Austin Economic Development Corporation d/b/a Rally Austin to deliver inclusive economic and development outcomes to provide up to an additional $1,500,000 of City funding to Rally Austin for a total agreement amount not to exceed $39,740,000 and adding a project to the list of bond funded projects. Funding: $125,000 is available in the Fiscal Year 2024-2025 Operating Budget of the Economic Development Department, $708,536 is available in the Capital Budget of the Economic Development Department, and $9,730 is available in the Capital Budget of the Austin Convention Center Department.