SUBJECT: Motion establishing a public hearing date for the Second Amended Project Plan and Reinvestment Zone Financing Plan for Reinvestment Zone Number Twenty-Three, City of Houston, Texas (Harrisburg Zone)
RECOMMENDATION: (Summary)
To establish a public hearing date for the Second Amended Project Plan and Reinvestment Zone Financing Plan for Reinvestment Zone Number Twenty-Three, City of Houston, Texas (Harrisburg Zone)
SPECIFIC EXPLANATION:
On September 18, 2023, the Board of Directors for Reinvestment Zone Number Twenty-Three (“Harrisburg Zone”) and the Harrisburg Redevelopment Authority considered and approved the proposed Second Amended Project Plan and Reinvestment Zone Financing Plan for Harrisburg Zone (the “Second Amended Plan”) and submitted the Second Amended Plan to the City for consideration by City Council. The Second Amended Plan will reflect previously approved changes to the Harrisburg Zone’s boundary (Ord. Nos. 2022-1007 and 2022-1008), and proposed changes to taxing jurisdiction participation and the termination date of the Harrisburg Zone.
Pursuant to Texas Tax Code Section 311.011(e), a public hearing must be held prior to City Council’s consideration of approving the Second Amended Plan. The Administration recommends that City Council set the public hearing date for November 15, 2023.
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Andy Icken
Chief Development Officer