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AI- 52016
Commissioners Court
Meeting Date:
05/02/2022
Anna TIRZ # 6
Submitted By:
Monika Arris
Department:
Commissioners Court
Request Type:
GENERAL
Information
Department Action
Public Hearing, discussion and any action regarding request for County participation in Reinvestment Zone 6 for Tax Increment Financing Pursuant to the Tax Increment Financing Act, Tex. Tax Code Ann. Ch. 311 in Anna, TX. Request to enter into an Inter-local Cooperation Agreement Participation in Anna TIF Zone 6.
Purchasing Department Action
No action by Purchasing.
HR and/or IT Action
Budget Department Action
Request from City of Anna to participate in TIRZ #6 with Collin County to contribute 50% of the tax increment for a period of 30 years. City of Anna Council approved creation of TIRZ #6 in December 2021 with a contribution of 50% of the city's tax increment for 30 years ending on December 31, 2051. Collin County's current tax rate is $0.168087.
Auditor's Office Action
No action by Auditor.
Commissioners Court
Public Hearing
- Participation in the City of Anna Tax Increment Reinvestment Zone (TIRZ) No. 6, Commissioner, Precinct 3.
Budget Information
Information about available funds
Budgeted:
Funds Available:
Adjustment:
Amount Available:
Unbudgeted:
Funds NOT Available:
Amendment:
Account Code(s) for Available Funds
1:
Fund Transfers
Remarks:
Attachments
Court Order 2022-412-05-02
Presentation
ILA
letter
TIRZ Request for Participation
City of Anna creation of TIRZ 6
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