Council hears first reading to amend TIRZ No. 2, removing parcel from Samsung abatements Council heard the first reading of Ordinance 2025-34 to amend the project and financing plan for Tax Increment Reinvestment Zone No. 2, removing a parcel from prior abatements and returning roughly $290 million in taxable value to the city’s general fund, staff said.

Taylor's council is making waves by amending TIRZ No. 2, potentially adding a staggering $290 million back into the city's general fund!

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