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Consultant outlines TIRZ mechanics, county seeks interlocal protections
Summary
Consultant Travis James updated the commissioners on Tax Increment Reinvestment Zone No. 1, describing how increment financing would support public infrastructure and outlining remaining interlocal‑agreement language to protect county priorities; city attorneys will return a revised ILA for county review.
Travis James, a consultant for the city, told the Aransas County Commissioners Court on Feb. 23 that the proposed Tax Increment Reinvestment Zone No. 1 is an economic‑development tool to fund public infrastructure and is not a property tax increase. "These are an economic development tool used to pay for projects, infrastructure, and projects that you all support," James said, adding the TIRZ must comply with state law.
James walked the court through an illustrative 2025 calculation showing base value, increment and how tax increments could be shared among the city, county and the…
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