Here comes the boom

City Council considers a “tax increment reinvestment zone” to stimulate economic growth

By Natalie Gentry
David Pettit of David Pettit Economic Development, LLC addressed the Azle City Council at the council meeting Aug. 5 about possible economic development through the implementation of a tax increment reinvestment zone (TIRZ).
A TIRZ is a tool the City can use to publicly finance needed improvements to infrastructure and buildings within a designated area, and is funded through new construction and investment, or through the annual appreciation of real property.


The rest of this story is restricted to subscribers only.
Already registered? Login below
Already a subscriber: Click here to register.
Register for FREE Digital-Only Access through March 31, 2018
Click here to purchase a subscription.

Remember me for 2 weeks

Forgot Password