Because the city council has not yet voted on the Tax Increment Reinvestment Zone (TIRZ) that is part of the inter-local agreement between the county and city, the Dynamo’s owners weren’t comfortable proceeding with the ceremony even though councilman Mike Sullivan and other city officials were confident that everything will be approved.
“This date was a moving target from the day we penciled it into the calendar,” Dynamo president Chris Canetti said. “We anticipated the possibility that it would change. We were pushing the envelope a little bit with this timeline, but we are not far off.
“We’ll set another date in the next few days. This does not have any impact on our construction timeline and planned opening of April 2012.”
Commissioner’s Court unanimously approved the TIRZ during Tuesday’s meeting, but the Dynamo were hesitant to proceed because the TIRZ issue wasn’t added to the City Council’s agenda for Wednesday’s meeting. The issue had to be placed on the agenda by last Saturday for this week’s meeting, but it will be placed on next week’s agenda.
Look for it to happen next Saturday, the 5th. Assuming the item makes it onto Council’s agenda and doesn’t get tagged, of course.