49.
Commissioners Court - Regular Session
- Meeting Date:
- 09/24/2019
- Title:
- Leander TIRZ - Reimb San Gabriel 9.24.19
- Submitted For:
- Melanie Denny
- Submitted By:
- Melanie Denny, County Auditor
- Department:
- County Auditor
- Agenda Category:
- Regular Agenda Items
Information
Agenda Item
Discuss, consider and take appropriate action to reserve the reimbursements from the Leander Tax Reinvestment Zone Number One (TIRZ #1) in Road and Bridge fund balance until such time the court would like to designate a Precinct #2 project.
Background
On the July 16th Commissioner Court agenda (item #57), the Commissioners Court approved a reimbursement agreement with the Leander Tax Reinvestment Zone Number One (TIRZ #1). The County is eligible to receive up to $4.7M for the construction of San Gabriel Parkway. The Leander TIRZ #1 reimbursed the County $185,179.72 in fiscal year 2019. This reimbursement was deposited into the Road and Bridge Fund. This action will set aside $185,179.72 of Road and Bridge fund balance. When the Leander TIRZ #1 reimburses additional funds for the San Gabriel Parkway, the funds will be set aside and reserved in fund balance until such time the Commissioners Court determines a Precinct #2 project.
Fiscal Impact
| From/To | Acct No. | Description | Amount |
|---|
Attachments
No file(s) attached.
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| County Judge Exec Asst. | Andrea Schiele | 09/18/2019 09:13 AM |
- Form Started By:
- mdenny
- Started On:
- 09/16/2019 12:24 PM
- Final Approval Date:
- 09/18/2019