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A TIRZ is a financing tool to use future gains in taxes to pay for public improvements needed to make the gains happen. This allows the new growth to pay for itself.  In December of 2014 the City Council approved an ordinance creating Tax Increment Reinvestment Zone (TIRZ) No. 1.  
Below, residents can find documents creating the TIRZ, the preliminary financing plans and resolutions naming the board.  

Ordinance No. 66-2014-TIRZ Creation
Preliminary Financing Plan
Montgomery County Interlocal Agreement
Ordinance No. 25-2016-Amending TIRZ board and Deannexing Residential properties
Resolution No. 2016-07-Naming TIRZ  Board of Directors

TIRZ Board of Directors
John Planchard, Chairman, Position 3
Holly McClaren, Position 1
Lonnie Anthony, Position 2
John Gray, Position 4
Rick Moffatt, Position 5
Matt Beasley, Position 6
Ronda Trow, Position 7

27424 Robinson Road
Oak Ridge North, Texas 77385
Ph: 281-292-4648 • Fx: 281-367-7729
Municipal Court Only Fx: 281-364-7168
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