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AI- 67766
County Judge's Office   5.C.
CC - REGULAR
Meeting Date:
11/20/2018
Submitted For:
Michael Leo
Submitted By:
Michael Leo, EXECUTIVE OFFICE
Department:
EXECUTIVE OFFICE

Information

CAPTION

1. Requesting waiver of the Hidalgo County Tax Increment Reinvestment Zone (TIRZ) Policy, as to term.
2. Requesting approval of Amendment and Restated Interlocal Agreement between Hidalgo County, City of Penitas, and Reinvestment Zone Number One, City of Penitas.

BACKGROUND

Per current policy, the county's participation in a TIRZ shall not be for a period greater than 20 or, in the event special circumstances apply, 40 years.  The extension of this TIRZ will equal to participation for a total of 44 years.  

Fiscal Impact

Attachments

Form Review

Inbox Reviewed By Date
Budget and Management Veronica Ortiz 11/16/2018 04:20 PM
Final Approval Monica Salinas 11/16/2018 05:18 PM
Form Started By:
mleo
Started On:
11/16/2018 04:07 PM
Final Approval Date:
11/16/2018