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Council reviews Chapter 381 reimbursement request for industrial project at Twin Creek Drive
Killeen City Council · February 4, 2026
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Summary
Killeen staff presented a Chapter 381 tax increment reimbursement request from Killeen Investments LLC (Blue Acre Development) for up to $119,865 to reimburse off‑site public improvements and sewer work tied to a speculative 180,000 sq. ft. industrial development at 601 Twin Creek Drive.
Staff presented a request by Killeen Investments LLC (doing business as Blue Acre Development) for a Chapter 381 tax increment reimbursement not to exceed $119,865 to cover off‑site public improvements and additions to the city's wastewater system adjacent to Ricky Carlisle…
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