Mission council approves 15-year TIRZ extension to fund $22 million in infrastructure projects The City of Mission voted unanimously Jan. 13 to extend its Tax Increment Reinvestment Zone to Dec. 31, 2045, and to shift city participation in the zone from 100% to 50% of the local levy, unlocking roughly $22 million in initial bond capacity for specified street, drainage and water projects.

The City of Mission just approved a 15-year extension of its Tax Increment Reinvestment Zone, unlocking $22 million for crucial infrastructure projects that will transform the community!

Click to read more!

#MissionHidalgoCounty #TX #PublicFunding #MissionInfrastructure #CommunityInvestment

Mission council extends TIRZ to 2045, clears way for roughly $22 million bond for infrastructure The City of Mission unanimously approved a 15-year extension of its Tax Increment Reinvestment Zone (TIRZ), reducing the city's participation from 100% to 50% of levy inside the zone and enabling an estimated $22 million initial bond to fund roads, drainage and water projects.

The City of Mission just voted to extend its Tax Increment Reinvestment Zone to 2045, unlocking $22 million for vital infrastructure projects!

Get the details

#MissionHidalgoCounty #TX #CommunityImprovements #PublicFunding #MissionInfrastructure #CitizenPortal #UrbanDevelopment