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Kyle expands TIRZ No.4 to fund Go Forth Road, Quail Ridge improvements and a possible city‑county facility

City of Kyle City Council · November 19, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Council adopted an ordinance expanding Tax Increment Reinvestment Zone No.4, adding projects (about $75M for Go Forth Road, $10M for Quail Ridge, $15M for a proposed city‑county facility) and securing Hays County participation in the finance plan; council voted 7–0 after a short public hearing with no public comments.

The Kyle City Council voted unanimously on Nov. 19 to expand Tax Increment Reinvestment Zone No.4 and approve an amended project and finance plan that allocates tax increment revenues to major local projects.

Bond counsel Stephanie Libby summarized the expansion and the finance plan, which earmarks roughly $75 million for a Go Forth Road…

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