Uvalde County court approves motion related to tax plan tied to proposed development

Joe Hero, a consultant with Global Reprolin Associates, presented details of a proposed tax-increment reinvestment arrangement tied to a local development and asked the Uvalde County Commissioners Court to consider an interlocal agreement and county participation.

The presentation said eligible reimbursements would include public infrastructure such as streets, utilities, linear parks, engineering and contingency, and that certain projects — including a new water tower — are included in the roughly $14,000,000 project budget. Hero said the taxing increment would continue to be collected by taxing entities for the full statutory period and that the city would maintain oversight of the board that manages the tax fund; the county would have the option to appoint a…