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A tax increment reinvestment zone (TIRZ) is a political subdivision of a municipality or county in the state of Texas created to implement tax increment financing.They may be initiated by the city or county or by petition of owners whose total holdings in the zone consist of a majority of the appraised property value.
Tax increment financing subsidies, which are used for both publicly subsidized economic development and municipal projects, [2]: 2 have provided the means for cities and counties to gain approval of redevelopment of blighted properties or public projects such as city halls, parks, libraries etc.
The Harbor Bridge Project (or New Harbor Bridge or US 181 Harbor Bridge) is the replacement of the existing through arch bridge that crosses the Corpus Christi Ship Channel, which serves the Port of Corpus Christi in Corpus Christi, Texas, with a modern cable-stayed bridge design.
Mar. 21—AUSTIN — The Public Utility Commission of Texas (PUCT) Thursday adopted a new rule implementing the Texas Energy Fund In-ERCOT Generation Loan Program.
Apr. 25—AUSTIN — The Public Utility Commission of Texas (PUCT) on April 25 adopted a new rule to implement the Texas Energy Fund Completion Bonus Grant Program. The program will provide grants ...
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The calculation of compensation is also subject to the Scope of the Project Rule, which states that an increase or decrease in the property's market value as a result of the project for which the government is acquiring the land must be disregarded. Any use which is dependent on the government scheme must not be considered. [19]
Port Lavaca-based Bauer-Smith Dredging Company started construction on the first bridge in February 1949; the project was funded by $1.7 million in public bonds. [1] [2] The 4.5 mile [2] long raised roadway structure opened on 17 June 1950 as a toll road [1] and was originally called the North Padre Island Causeway; on 26 November 1963, Nueces County officials renamed it after President ...