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Council hears amended TIRZ (TIF) financing plan; ordinance 2026-859 moved for approval
Summary
City staff and a consultant presented an amended project and financing plan for Tax Increment Reinvestment Zone (TIRZ) No. 1 that updates development projections, increases project costs by about $500,000 and continues city participation at 75% and county participation at 45%; council moved to approve ordinance 2026-859 and the city secretary read the ordinance, though the transcript contains no roll-call tally.
A consultant presented an amended project and financing plan for Tax Increment Reinvestment Zone (TIRZ) No. 1 at the Cedar Hill City Council meeting on Jan. 27, 2026, and a council member moved to approve ordinance number 2026-859.
Natalie Ayala Hall, the city's tourism consultant, told the council that the amendment updates projections and increases the project and financing plan by approximately $500,000. "It is not a new tax on development," Ayala Hall said, explaining that a portion of new tax revenue generated within the TIRZ — in this case 75% of the city's…
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