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Denison board unanimously OKs six-month extension for Waterloo Trails development start
Summary
The Tax Increment Reinvestment Zone No. 5 board approved a six-month extension to the Waterloo Trails Development reimbursement agreement, moving the deadline to begin public improvements to June 30, 2026, to allow more time for loan approval; the amendment was the only change to the agreement.
The Tax Increment Reinvestment Zone No. 5 board in Denison on Monday unanimously approved a six-month extension to the commencement deadline for the Waterloo Trails Development reimbursement agreement, moving the deadline to June 30, 2026.
Orlando, who presented the request, said the developer "requested 6 months, to…
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