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Liberty Hill staff to draft ordinance after council backs smaller downtown TIRs boundary
Summary
City staff told the Downtown Revitalization Committee that City Council on June 11 directed staff to proceed with the DRC’s recommendation to shrink the tourist/TIRs boundary while keeping the participation rate at 50%; staff said an ordinance combining boundaries and the project plan will return to council for approval.
City staff told the Downtown Revitalization Committee on June 24 that City Council had endorsed the committee's recommendation on the city's proposed tourist tax increment reinvestment zone (TIRs), but did not adopt a final ordinance.
Mike, a city staff member, said the June 11 council meeting "unanimously approved, directed staff to move forward with the DRC's recommendation, which was to modify the, tourist boundary, to make it a little bit smaller, and then also to keep the participation rate at the same level, 50%." He told…
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