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Denison board approves $615,881.60 reimbursement to Denison Development Alliance for sewer work
3783503 · May 12, 2025
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Summary
The TIRZ No. 5 board approved reimbursing the Denison Development Alliance $615,881.60 for three bond payments tied to sewer-line upgrades and demolition work along Highway 75 under a January 18, 2022 project agreement.
At its May meeting, the Tax Increment Reinvestment Zone No. 5 voted to reimburse the Denison Development Alliance $615,881.60 for bond payments made to fund sewer-line upgrades and demolition along Highway 75 and Crawford Street.
Staff said the city and the Denison Development Alliance (DDA) executed a project…
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