Goal #3:Develop Incentive Programs On Hampton Road
developments on Hampton Road.
- Monitor the Tax Increment Reinvestment Zone (TIRZ) to ensure tax increment funds are available as needed
- Develop recommendations for DeSoto Development Corporation and City Council review related to City owned or controlled properties on Hampton Road to introduce to the private market for development proposals
- Develop requests for proposals from the private development market for City-owned parcels and potential assemblages throughout the corridor to spur interest and provide a range of development options
- Evaluate individual project submissions to assess fit and value proposition and review appropriate incentive tools
Quarter One Update:
Reviewed Dallas County Appraisal District tax roll for the TIRZ #2 area and made amendments as necessary. Awaiting completion of tax appeals to finalize approximately 30 of 400 parcels within the boundary.