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Frisco council approves TIRZ public hearing, parameters for up to $38M in parking debt and a slate of appointments
Summary
At its Oct. 7 meeting the Frisco City Council called a public hearing for TIRZ No.7 project amendments, approved parameters for up to $38 million in certificates of obligation for a structured parking facility, and voted on several board nominations and routine items.
Frisco City Council on Oct. 7 approved a series of agenda items (39–48) that included calling a public hearing on Tax Reinvestment Zone (TIRZ) No. 7 amendments, approving a parameters ordinance to issue certificates of obligation for a structured parking facility, multiple board appointments, and routine calendar and governance items.
Item 39: Council called a public hearing for Oct. 21 to consider amendments to the TIRZ No. 7 project and financing plan related to the Fields West development and associated public facility improvements, including parking garages. Rebecca Barton, Financial Services, said the amendments will outline funding mechanisms and that a TIRZ board meeting will precede the…
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