Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Council hears first reading to amend TIRZ No. 2, removing parcel from Samsung abatements
Summary
Council heard the first reading of Ordinance 2025-34 to amend the project and financing plan for Tax Increment Reinvestment Zone No. 2, removing a parcel from prior abatements and returning roughly $290 million in taxable value to the city’s general fund, staff said.
The City of Taylor on Thursday took the first step to amend the project and financing plan for Tax Increment Reinvestment Zone No. 2, a move staff said will remove a parcel from prior tax‑abatement treatment and restore substantial taxable value to the general fund.
Mr. Laborde, speaking for city staff, summarized prior board actions, saying the TIRZ board had already approved revisions and this council was…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
