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Pearland staff outlines proposed TIRZ amendment to use roughly $34 million for parks, library parking and road projects
Summary
City staff and Marsh Darcy Partners proposed Amendment No. 6 to the Shadow Creek TIRZ to fund land acquisition and park improvements (~$20M) and two street projects (~$14.06M); staff said the TIRZ has performed strongly (preliminary 2025 value estimate ~$4.2 billion) and estimated uncommitted capacity of about $48.9 million.
City staff and consultants presented a detailed history of the Shadow Creek Tax Increment Reinvestment Zone (TIRZ/TIRS) and outlined a proposed Amendment No. 6 at the Oct. 13 council meeting.
Alan Mueller (Marsh Darcy Partners) reviewed the zone’s development history and finance structure dating to the late 1990s, and staff described how the TIRZ has generated substantially more increment than originally projected. Staff reported a preliminary 2025 estimate of taxable value in the zone of about $4.2 billion and said projected remaining balance (conservative projection with limited AV growth) is about $48,900,000 available to fund additional projects.
Amendment No. 6 would add projects with two primary elements: (1) land acquisition and park/facility improvements (including parkland dedication, Shadow Creek Sportsplex enhancements and potential West Library parking expansion) estimated just under $20,000,000 in current dollars; and (2) two street improvement projects (Kingsley Drive near Clear Creek toward Beltway 8 and Broadway near Shadow Creek Ranch High School) with an estimated combined cost of $14,060,000. Staff noted costs are in today’s dollars and will increase with CPI and interest; they also described the administrative and audit steps required before reimbursements.
Staff said partners (Alvin ISD, Brazoria County, Fort Bend County and PEDC) have been consulted and voiced no opposition; the council offered supportive comments and asked scheduling and capacity questions. Legal/finance staff clarified the zone’s life: the zone ordinance shows a 30-year term ending 12/31/2028, but tax collection timing and the last debt service payment mean operations must be complete by 09/01/2029. Staff said if council gives direction they will proceed with a formal plan amendment through the TIRZ board, public hearings, and ordinance readings with the goal of completing project work prior to the zone’s final operations date.
Councilmembers praised the opportunity to secure parkland, expand recreational amenities and complete needed roadway improvements, while also asking staff to balance spending so there is some distribution to participants at the TIRZ end date.
