City Council approves $60 million purchase of land for new Spurs arena and OKs Midtown TIRZ extension—with a catch

City Council has approved a $60 million purchase of land for a new arena. The arena is intended for the Spurs.

Further action was taken with the approval of a Midtown TIRZ extension, though it comes with certain conditions.

Details of the land purchase and the TIRZ extension are available from the source, including any specific terms or limitations of the extension.