TIRZ #3 (Downtown)
A Tax Increment Reinvestment Zones (TIRZ) is a tool to finance public improvements within a defined area. The improvements should enhance the environment and attract new investment. The statutes governing tax increment financing are in Chapter 311 of the Texas Tax Code.
A municipality makes an area eligible for tax increment financing by designating a reinvestment zone, also called a tax increment reinvestment zone (TIRZ) or a tax increment financing (TIF) zone.
Meetings
- Once annually in February or as needed
- City Hall
4000 Main St, Rowlett, TX 75088 View Map
Agendas
-
Agendas are available prior to the meetings.
Most Recent Agenda | View All
Minutes
- Minutes are also available following approval.
Most Recent Minutes | View All
Members
The Tax Increment Reinvestment Zone Number Three Board is comprised of seven regular members appointed by City Council.
| Member | Position | Term Expires |
|
Mayor Margolis
|
Board Member | Continuous |
|
Councilmember Place 1
|
Board Member | Continuous |
|
Deputy Mayor Pro Tem Winget
|
Board Member | Continuous |
|
Councilmember Bowers
|
Board Member | Continuous |
|
Councilmember Britton
|
Board Member | Continuous |
|
Councilmember Schupp
|
Board Member | Continuous |
|
Mayor Pro Tem Shinder
|
Board Member | Continuous |
Time Commitment
The Tax Increment Reinvestment Zone Number Three Board meets once a year typically in February of each year or as needed.
Board Responsibilities
The Tax Increment Reinvestment Zone Number Three Board serves in an advisory capacity to the City Council with respect to Tax Increment Reinvestment Zone Number Three matters. Members receive periodic reports on taxes assessed and collected for Zone Number Three, review project costs and project plans, and recommend financing strategies for such plans.