File #: 25-1820    Version: 1 Name:
Type: Public Hearing / First Reading Status: To Be Introduced
File created: 11/13/2025 In control: City Council
On agenda: 12/16/2025 Final action:
Title: 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.
Sponsors: Planning and Economic Development Department
Attachments: 1. Agenda Memo - TIRZ #7 Creation, 2. TIRZ #7 CREATION ORDINANCE 12.10.25 FINAL, 3. Exhibit A-1 TIRZ #7 Map FINAL 12.16.25, 4. Exhibit A-2 TIRZ #7 Map with subzones Final 12.16.25, 5. Presentation - TIRZ #7 Creation Presentation (Final)
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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.