WebMar 17, 2024 · The TIRZ will be governed by a nine-member board, which will include designees from state Sen. Paul Bettencourt, R-Houston, and state Rep. Jon Rosenthal, D-Houston, as well as up to seven... WebOur Purpose 1) address Mobility deficiencies along the Bellaire/Fondren commercial corridors with necessary capital improvements 2) provide resources for the redevelopment of the Sharpstown Mall and Bellaire/Fondren commercial corridors to expand the tax base and increase output of sales tax revenues to the City General Fund 3) reimburse Westchase
Jersey Village creates new flood-focused tax reinvestment zone
WebThe TIRZ is composed of a noncontiguous geographic area that includes the area near NRG Stadium generally bounded by Old Spanish Trail, Almeda Genoa Road, State Highway 288 and Main Street and the eastern portion of the Houston Central Business District abutting Reinvestment Zone Numbers Two (Midtown Zone), Three (Main Street/Market Square … WebAug 29, 2024 · About TIRZ 17 TIRZ 17 is a tax increment reinvestment zone designated by the City of Houston. The goal of TIRZ 17 is to promote economic redevelopment of the … hunter jay barker
Tax Increment Financing Act, Tax Code Chapter 311 Overview
WebAug 30, 2024 · TIRZ 17 is a tax increment reinvestment zone designated by the City of Houston. The goal of TIRZ 17 is to promote economic redevelopment of the area of Houston generally bounded by Beltway 8 and Gessner, north and south of IH-10, by investing in public infrastructure, particularly road and drainage infrastructure. Web1. Participants in a TIRZ dedicate Tax Increment to finance TIRZ Improvements. (See below.) 2. The year in which a TIRZ is created is the and the “Base Year,” appraised value of TIRZ real property in the Base Year is the “Base Year Value.” 3. As development or redevelopment occurs, the appraised value of the property in the TIRZ increases. WebMunicap, Inc. Attn: Abdi Yassin. 3730 Kirby Drive Suite 1200. Houston, TX 77098. Electronic Submission: [email protected]. With a copy to the City Manager’s Office at: City of Missouri City. Attn: City Manager – TIRZ Application. 1522 Texas Parkway. chemis jolik