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Richardson officials back DART ILA, urge governance reform; GMP decision postponed
Summary
Richardson City Council approved resolutions enabling participation with Dallas Area Rapid Transit in local TIF economic development and endorsed a governance principle for DART board reapportionment, while asking staff to delay action on the DART General Mobility Fund.
Richardson city leaders voted unanimously on Sept. 4 to move forward with measures that would let the city partner with Dallas Area Rapid Transit on transit-related economic development and to press for changes to DART governance, while deferring a decision on DART's newly proposed General Mobility Fund.
The council approved consent agenda items authorizing the city manager to execute an interlocal agreement (ILA) template with DART that would allow DART to share a 50/50 portion of incremental sales tax revenue with Richardson's tax increment reinvestment zones (TIFs), and separately approved a resolution supporting a governance change that would give each DART member city a board seat with a weighted vote. Both actions passed as part of the consent agenda with a 7-0 vote.
Why it matters: The ILA would allow Richardson to capture half of DART's portion of sales tax growth above an agreed base within participating TIFs for economic development projects. The governance resolution is aimed at ensuring member cities retain representation and a voice on the DART board;…
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