The mission of the Tax Increment Reinvestment Zone (TIRZ) No. 1 board is to promote an economically thriving district that enhances and strengthens the town's tax base, attracts new investment opportunities, and preserves existing development values through the use of available financial, marketing, land planning, and capital infrastructure development tools. With consideration of the town's strategic Vision 2030 plan and the culture unique to Trophy Club, the TIRZ No. 1 Board will support the vitality of development in the specialized taxing district of TIRZ No. 1 in an effort to promote the greater good of the community.
TheTIRZ No. 1 Board will meet on an as-needed basis at 6:00 p.m. on the last Monday of the month (unless otherwise arranged) at the Svore Municipal Building. The agenda will be posted on the door of the Svore Municipal Building 72 hours in advance of the meeting.
On January 27, 2014 the TIRZ No. 1 Board met for the first time and passed and approved a Project and Financing Plan for the zone. This plan was then brought before Council and approved on February 3, 2014.
Tax Increment Reinvestment Zone No 1 Board Members:
Town Manager Thomas M. Class Sr. serves as the Board’s staff liaison, please contact the staff liaison with comments or questions.