Item Coversheet
Meeting Date:
11/2/2021
Staff Contact:

Gabe Reaume

City Manager


 
Agenda Items:

(6)
E-mail:
greaume@saginawtx.org
  Phone:817-230-0324

SUBJECT:
PUBLIC HEARING - Consideration and Action regarding Ordinance No. 2021-24, Creation of Tax Increment Reinvestment Zone containing approximately 295.44 acres of noncontiguous land generally located north of Bailey Boswell Road, North of McLeroy Blvd. and West of Saginaw Blvd., and being wholly located within the Corporate Limits of the City of Saginaw


BACKGROUND/DISCUSSION:

At the October 19th City Council Meeting, the City Council voted to set a public hearing for November 2nd regarding the creation of a Tax Increment Reinvestment Zone (TIRZ) containing approximately 295.44 acres of noncontinguous land generally located north of Bailey Boswell Road, North of McLeroy Blvd. and West of Saginaw Blvd., and being wholly located within the Corporate Limits of the City of Saginaw.  

 

This item is on the agenda in order to hold the public hearing as advertised and for the Council to take action on Ordinance No. 2021-24 creating the TIRZ.  

 

Note: The ordinance was not ready at the time the meeting packet was posted.  It will be available at the meeting.  



FINANCIAL IMPACT:
N/A

RECOMMENDATION:
N/A