City attorney: T.I.R.Z. #2 requires same statutory steps as developer‑funded zones
Attorney David Earl told the council that a city-funded T.I.R.Z. has the same statutory requirements as a developer-funded T.I.R.Z., citing statute 311.011 and outlining the need to appoint board members, propose a final financial plan and adopt required ordinances by two readings.
The full story
Attorney David Earl told council members that there is no legal difference between a city‑funded T.I.R.Z. and a developer‑funded T.I.R.Z.; both are regulated by statute (311.011). He outlined the requirements the council must follow: appoint the board members for the zone, propose a final financial plan, and adopt the necessary ordinances (each ordinance requiring two readings).
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.