Reinvestment Zone Number Twenty-Five, City of Houston, Texas (the “Zone”) was created by Ordinance No. 2013-708 on August 7, 2013, and initially consisted of approximately 5,633 acres. City Council approved a Project Plan and Reinvestment Zone Financing Plan (the “Plan”) for the Zone by Ordinance No. 2014-629, on June 18, 2014, and created the Hiram Clarke/Fort Bend Redevelopment Authority by Resolution No. 2015-19 on May 13, 2015, to implement the Plan.
On November 5, 2020, the Board of Directors of the Zone approved a proposed First Amendment to the Project Plan and Reinvestment Zone Financing Plan (the “Amended Plan”) and transmitted it to City Council for consideration and approval. The proposed annexation will add approximately 341 acres of land to the Zone boundaries, including vacant, public and commercial land uses. A First Amendment to the Plan, to be considered by City Council contemporaneously with this proposed annexation, includes provisions for public infrastructure, such as roadways, water, sewer and drainage, blight removal and beautification, public/cultural facilities improvements, and parks, recreation, trails and pedestrian improvements for the enlarged area.
Accordingly, the Administration recommends that City Council approve enlarging the boundaries of the Zone.
All tri-party agreements, creation documents, project plans and reinvestment zone financing plans can be found at the following web address: https://www.houstontx.gov/ecodev/tirz.html
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Andrew F. Icken, Chief Development Officer