A public hearing to receive comments on proposed amendment of the Project Plan and Reinvestment Zone Financing Plan (“Plan”) for Tax Increment Reinvestment Zone Number Eighteen, the Maple/Mockingbird Tax Increment Financing District (“Zone”) to: (1) increase the geographic area of the Zone by approximately 9.3 acres to add the property currently addressed as 1545 West Mockingbird Lane; (2) make corresponding modifications to the Zone’s boundary and Plan; and (3) include findings that (a) vacant and underutilized property in the proposed expansion area substantially arrests or impairs the sound growth of the City, (b) development or redevelopment in the proposed expansion area will likely not occur solely through private investment in the foreseeable future, and (c) inclusion of the proposed expansion area will have an overall benefit to, and further the purposes of, the Zone; and, at the close of the public hearing, consider an ordinance amending Ordinance No. 27435, previously approved on December 10, 2008, as amended, and Ordinance No. 27690, previously approved on September 23, 2009, to reflect these amendments - Financing: No cost consideration to the City *In alignment with Economic Development Incentive Policy.

Committee

Office of Economic Development

Requested by

Office of Economic Development (ECO)

Introduced

May 4, 2026

On agenda

May 27, 2026

Enactment no.

26-0928; HEARING CLOSED; APPROVED; ORDINANCE 33445

Where it was heard

City Council May 27, 2026