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City of Cleburne presents proposed TIRZ expansion to Johnson County; court will review interlocal agreement later
Summary
City representatives described a proposed expansion and extension of Tax Increment Reinvestment Zone (TIRZ) No.1 (proposed TIRZ 1A) that would add roughly 1,700 acres (including areas in the ETJ) and create a 30-year term for the added area; county participation would be governed by a staggered interlocal agreement and would apply only to annexed,
City of Cleburne staff and the city's TIRZ consultants briefed the Johnson County Commissioners Court in a workshop on Oct. 14 about a proposed expansion and extension of Tax Increment Reinvestment Zone No. 1 (TIRZ 1A).
Natalie Ayala of Pettit Ayala, the city's TIRZ consultant, explained that the original TIRZ created in 2001 covered just under 1,200 acres and was extended in 2021 to terminate in 2026. The proposed expansion would add roughly 1,700 acres in total (about 900 acres in the city’s extraterritorial jurisdiction and about 771 acres inside existing city limits) and would create a 30-year term for the newly…
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