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Council adopts second reading to annex Atterbury area into Tier 3 growth zone
Summary
On second reading the council approved annexation of the Atterbury/I‑27 area into a Tier 3 growth zone, authorizing inclusion in a pooled tax‑increment style mechanism to support infrastructure in the area.
The Amarillo City Council adopted an ordinance on second reading to annex land near I‑27 and Sundown (the Atterbury area) into a Tier 3 growth zone intended to support long‑term infrastructure and development.
Council discussion focused on what the Tier 3 designation does: tax revenues generated by new development in the zone flow into a pooled fund to reimburse infrastructure investments for the area rather than being redirected outside the zone in the immediate term. Staff and council described the tool as one of the…
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