Tag: Tax Increment Fund

City establishes Tax Increment Fund

By ABBEY KUNKLE Special to the PRESS January 15, 2015 This week the South Padre Island City Council held two special meetings to approved Ordinance No. 15-01 amending Ordinance No. 11-19 to clarify boundaries and rename the city’s Tax Increment Reinvestment Zone, more commonly referred to as the “South Padre Island Development Project,” as “Reinvestment …

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