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Bonham council adopts two TIRZ ordinances and economic development agreement
Summary
The Bonham City Council unanimously adopted ordinances creating and finalizing project/finance plans for Reinvestment Zones No. 1 and No. 2, and approved a TIRZ economic development agreement with Bonham Land Partners, LLC.
The Bonham City Council on Dec. 8 unanimously adopted ordinances establishing final project and finance plans and bylaws for Reinvestment Zone (TIRZ) Number One and Reinvestment Zone Number Two, and approved a corresponding economic development agreement with Bonham Land Partners, LLC.
City Manager Sean Pate told the council that the respective TIRZ boards reviewed the documents…
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