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Northlake council adopts TIRZ plan amendment, approves tax-abatement and Chapter 380 steps tied to MP 10X
Summary
On Jan. 22, 2026 the Northlake Town Council unanimously approved an amendment to the Final Project and Financing Plan for Tax Increment Reinvestment Zone No. 2, approved a tax-abatement agreement with MP 10X Development, LLC, and authorized negotiation of a Chapter 380 economic development agreement; a public commenter opposed the TIRZ at the hearing.
Mayor Brian G. Montini and the Northlake Town Council on Jan. 22 adopted an ordinance amending the Final Project and Financing Plan for Tax Increment Reinvestment Zone No. 2 (Ordinance No. 26-0122A), approved a Tax Abatement Agreement with MP 10X Development, LLC, and authorized staff to negotiate a Chapter 380 Economic Development Agreement related to the same developer.
The ordinance amendment and the related TIRZ actions were approved unanimously, AYES 7, NAYS 0. The TIRZ board had previously approved an amendment to the Plan and recommended the ordinance. Council action on the ordinance followed a brief public hearing. Joel McGregor, whose address was listed on file, told the council he was "not in agreement with TIRZ" and said, "since giving everyone money, use to put up a soundwall next to his house." The hearing closed before final council action.
Councilmember Michael Ganz moved to approve the TIRZ Plan amendment; Councilmember Alexandra Holmes seconded. For the ordinance adoption, Mayor Pro Tem Maryl Lorencz moved to approve and Councilmember Aaron Fowler seconded; the ordinance was approved as Ordinance No. 26-0122A. The council separately approved a resolution consenting to a Tax Abatement Agreement with MP 10X Development (Resolution No. 26-10) and a resolution authorizing the Town Manager to negotiate a Chapter 380 economic development agreement among the Town, the Northlake Economic Development Corporation, the Northlake Community Development Corporation and MP 10X Development, LLC (Resolution No. 26-11). Those motions passed by 7–0 votes.
The meeting record notes the abatement agreement and the Chapter 380 authorization but does not include financial terms, incentive amounts, or the full agreement text in the posted minutes; those details were not specified in the transcript. Council members and staff stated the items had been posted publicly beforehand (agenda posted Dec. 23, 2025). No formal amendments to the ordinance or abatement terms were recorded during the meeting.
The council had earlier recessed to convene the TIRZ No. 2 Board, which approved minutes from its Aug. 21 and Oct. 9, 2025 meetings and approved the Plan amendment and abatement agreement prior to the council's actions. The council reconvened after the TIRZ meeting and completed its action items with unanimous votes.
The immediate procedural next steps are not specified in the transcript; additional documentation (the adopted ordinance text, the executed tax abatement agreement and any Chapter 380 contract) should be posted in subsequent council records or on the Town website.
