The Herald Banner, Greenville, TX

Local News

January 23, 2013

County commissioners reappoint Jeanette Moser

GREENVILLE — The Hunt County Commissioners Court voted this week to return its representative to a panel designed to assist economic development across much of Greenville.

The commissioners voted unanimously Tuesday to reappoint Jeanette Moser as the county’s delegate to the Tax Increment Reinvestment Zone (TIRZ) Advisory Board.

The seven-member TIRZ Board of Directors was created in 2009 to make recommendations to the Greenville City Council regarding the administration of the TIRZ. Four members were reserved for the city, with the other three positions being reserved for Hunt County, the Greenville Independent School District and the Hunt Memorial Hospital District.

Tax increment reinvestment, also known as tax increment financing, uses a portion of the taxes assessed on increased property values to help repay the investment used to install the infrastructure needed in the zone.

The City of Greenville’s TIRZ  No. 1 covers approximately 1,900 acres stretching from the Interstate 30 corridor, then north along Wesley Street into and along either end of downtown.

The TIRZ pays for public infrastructure improvements, such as water and sewer lines and roads, within the area identified for development.

The plan would dedicate $3.8 million toward infrastructure for the proposed Greenville Towne Center project, $7.8 million toward improvements for commercial projects in and around the Monty Stratton Parkway, $9.9 million for city infrastructure in and near the parkway, $6.2 million for improvements to Traders Road and $11.9 million for downtown redevelopment, including street improvements and the establishment of a Dallas Area Rapid Transit (DART) station.

1
Text Only
Local News
Featured Ads
Photos


See more photos and purchase prints here.

Poll

Does Dallas head coach Jason Garrett need for the Cowboys to make the playoffs during the 2014 football season to keep his job?

Yes
No
Who knows with Jerry Jones as owner?
     View Results
Facebook
AP Video
Couple Channel Grief Into Soldiers' Retreat WWI Aviation Still Alive at Aerodrome in NY Raw: Rescuers at Taiwan Explosion Scene Raw: Woman Who Faced Death Over Faith in N.H. Clinton Before 9-11: Could Have Killed Bin Laden Netanyahu Vows to Destroy Hamas Tunnels Obama Slams Republicans Over Lawsuit House Leaders Trade Blame for Inaction Malaysian PM: Stop Fighting in Ukraine Cantor Warns of Instability, Terror in Farewell Ravens' Ray Rice: 'I Made a Huge Mistake' Florida Panther Rebound Upsets Ranchers Small Plane Crash in San Diego Parking Lot Busy Franco's Not Afraid of Overexposure Fighting Blocks Access to Ukraine Crash Site Dangerous Bacteria Kills One in Florida Workers Dig for Survivors After India Landslide Texas Scientists Study Ebola Virus Smartphone Powered Paper Plane Debuts at Airshow Southern Accent Reduction Class Cancelled in TN
Must Read
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Reader's Choice