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Title:
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Ordinance of the City Council of the City of Corpus Christi, Texas, designating a contiguous geographic area within the extraterritorial jurisdictional limits of the city as a Tax Increment Reinvestment Zone pursuant to Chapter 311 of the Texas Tax Code, to be known as Reinvestment Zone Number Seven, City of Corpus Christi; Describing the boundaries of the zone; Creating a board of directors for the zone; Creating subzones within the zone; Establishing a tax increment fund for the zone; Containing findings related to the creation of the zone; Providing a date for the termination of the zone; Providing that the zone take effect immediately upon passage of the ordinance; Providing a severability clause; and Providing an effective date.
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