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La Porte council expands Reinvestment Zone No. 1, approves $20M-plus Main Street planning
Summary
The City Council approved a 4th amendment to Reinvestment Zone No. 1 to expand the zone by about 323 acres and allow projects including a Main Street master plan, intersection improvements and a Big Island Slough trail; staff said the zone’s fund balance is roughly $25 million and estimated a full Main Street build-out could cost around $20 million.
La Porte — The City Council on Tuesday adopted Ordinance 2025-4035 approving the 4th amendment to Reinvestment Zone No. 1, expanding the zone by roughly 323 acres to include additional redevelopment areas and infrastructure projects.
City staff said the Tax Increment Reinvestment Zone (TIRZ) has a fund balance of about $25 million and is projected to have more than $50 million by the zone’s expiration in 2034 if the city does not spend…
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