The mission of the Tax Increment Reinvestment Zone (TIRZ) Number 1 board is to promote an economically thriving district that enhances and strengthens the town's tax base, attracts new investment opportunities, and preserves existing development values through the use of available financial, marketing, land planning, and capital infrastructure development tools. With consideration of the town's strategic Vision 2030 plan and the culture unique to Trophy Club, the TIRZ Number 1 Board will support the vitality of development in the specialized taxing district of TIRZ Number 1 in an effort to promote the greater good of the community.
The agenda will be posted on the bulletin board at Town Hall 72 hours in advance of the meeting.
Director of Administrative and Financial Services serves as the Corporation’s staff liaison, please email the Finance Department with comments or questions.
On January 27, 2014, the TIRZ Number 1 Board met for the first time and passed and approved (PDF) a Project and Financing Plan (PDF) for the zone. This plan was then brought before Council and approved on February 3, 2014.