§ 16-3.4. Reinvestment zone created.

Latest version.

Pursuant to Subchapter B, Municipal Tax Abatement—Local Tax Code, as amended by the 70th Legislature, the city hereby creates a reinvestment zone for commercial/industrial tax abatement encompassing only the area described by the metes and bounds in Exhibit "A" attached hereto by reference and depicted on the plat attached as Exhibit "B" and such reinvestment zone is hereby designated and shall hereafter be designated as Tax Abatement Reinvestment Zone No. One (1), City of Irving, Texas.

(Ord. No. 5541, § 3, 12-1-88)

Editor's note

Ord. No. 5541, § 3, adopted December 1, 1988, did not specifically amend the Code; therefore, inclusion as § 16-3.4 was at the discretion of the editor. Exhibits "A" and "B" are on file in the office of the city secretary. The city elected by Resolution No. 12-1-88-560 to become eligible to participate in tax abatement.

State law reference

Reinvestment zone authorized, V.T.C.A., Tax Code § 312.202.

                    
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