Page 412 - Microsoft Word - FY 2022 Adopted Budget Document
P. 412
Return to Table of Contents
TIRZ #7 – International Corridor Reimbursement Agreement – Arlington
2021 Estimated Taxable Value: $972,000,000 Ballpark District Developer Holding
Company
Update: Construction of new convention hotel June 2021
Creation of TIRZ #7 was approved by City Council in May begins.
2021. The Board members are being assembled, and the Amended Project Plan and Financing June 2021
project plan and financing plan consideration will Plan for Tax Increment Reinvestment
subsequently be approved by the board and City Council. Zone Number Five, City of Arlington,
These actions will be followed by Tarrant County’s Texas – Entertainment District
approval of the participation agreement with TIRZ #7 Third Amendment to the Economic June 2021
anticipated in August 2021. Development Performance Agreement
– Arlington Convention Center
TIRZ #6 Date
Development Agreement Sept. 2020
TIRZ #7 Date
Interlocal Agreement with Tarrant Mar. 2021
County relative to the payment for
professional planning services
26
