Tax Increment Reinvestment Zone Board

Purpose

The purpose of the Tax Increment Reinvestment Zone (TIRZ) No. 1 Board is to oversee the project and financing plan for Southlake's Tax Increment Financing District known as the Tax Increment Reinvestment Zone No. 1. As set forth in the ordinance creating the Zone, the Board shall consist of no less than seven and no greater than 12 members. The Council shall appoint a total of eight members, with one member being nominated by CISD and the remaining seven members at all times being the Mayor and Places 1 through 6 of the City Council. CISD shall appoint one member; provided, however, that if CISD waives its right to appoint a member to the Board, as evidenced by written resolution duly adopted by the governing body of CISD, the Council may appoint a member in its stead. Bylaws. 

Meetings