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AI- 26774
17.B.
CC REGULAR
Meeting Date:
05/23/2011
Submitted By:
Erika Reyna, COUNTY JUDGE
Department:
COUNTY JUDGE

Information

CAPTION

1. Approval of Interlocal Agreement by and among City of Alton, Hidalgo County, and Tax Increment Reinvestment Zone Number One, City of Alton, allowing for Hidalgo County to participate in the Tax Increment Reinvestment Zone.
2. Appointment of one board member to represent the County of Hidalgo on the Tax Increment Reinvestment Zone Number One, City of Alton Board of Directors.

BACKGROUND

The contribution rate is lesser of actual tax year M&O Tax Rate or rate on agreement (.005127).
2010 Tax Rate M&O Tax Rate is .005107.

Fiscal Impact

FISCAL YEAR:
ACCT. #:
FUNDS AVAILABLE Y/N?:
MATCHING FUNDS Y/N?:

BUDGETARY IMPACT:

No fiscal impact.

Attachments

Form Review

Inbox Reviewed By Date
Budget and Management Erika Zamora 05/19/2011 11:17 AM
Form Started By:
Erika Reyna
Started On:
05/19/2011 10:56 AM
Final Approval Date:
05/19/2011