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Council creates South Gateway Tax Increment Reinvestment Zone #3 (Ordinance No. 8033)
The council approved Ordinance No. 8033 on second and final reading as part of a consent agenda passed 5-0, creating the South Gateway Tax Increment Reinvestment Zone Number Three, a 1,046-acre zone around Interstate 27 and Loop 335. The same consent agenda extended downtown TIRZ #1. A 2023 staff memo says Amarillo College and Randall County approved participation in February and April 2023.[1][2]
Ginger NelsonFreda PowellEddy SauerHoward SmithCole StanleyAndrew Freeman
What the sources say
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On December 13, 2022 the council approved, as part of a consent agenda passed 5-0 (Mayor Nelson, Mayor Pro Tem Powell and Councilmembers Sauer, Smith and Stanley), Ordinance No. 8033 on second and final reading, creating the South Gateway Tax Increment Reinvestment Zone Number Three, a 1,046-acre zone in the area of Interstate 27 and Loop 335. [1]
- ✓ Verified
A September 2023 staff memo says the council created the zone in December 2022, establishing the base year value and City participation, and that Amarillo College and Randall County approved participation in February and April 2023. Canyon ISD and the High Plains water district do not participate under the plan. [2][3]
