Two members are scheduled to return to a board which helps oversee development across a wide area of Greenville.
The Greenville City Council is scheduled this week to re-appoint two current members to the board of the Tax Increment Reinvestment Zone (TIRZ) No. 1.
The council voted earlier this year to name three people to the board, the first change in the makeup of the panel since its creation in 2009.
Tuesday, the council is scheduled to re-appoint Angel Delgado to Place 2 and George Lacy to Place 4. Both Delgado and Lacy eligible to serve and have an expressed a desire to continue to serve on the board.
The initial TIRZ board of directors was composed of seven individuals appointed by the City of Greenville, Hunt County, the Hunt Memorial Hospital District, and Greenville Independent School District.
The Greenville ISD is no longer a member of the TIRZ, which means the city may appoint a member for that position, which is Position 7.
On September 23, the council voted to re-appoint Sue Ann Harting to the board, and to the place in Position 1, which is the chairmanship of the panel. Jack Ammons was re-appointed to Place 3 and Doug Hackett was named to the Place 7 spot.
The City of Greenville’s TIRZ No. 1 covers approximately 1,900 acres stretching from the Interstate 30 corridor, then north along Wesley Street into and along either end of downtown.
The TIRZ pays for public infrastructure improvements, such as water and sewer lines and roads, within the area identified for development.
The proposed plan dedicates $3.8 million toward infrastructure for the proposed Greenville Towne Center project, $7.8 million toward improvements for commercial projects in and around the Monty Stratton Parkway, $9.9 million for city infrastructure in an near the parkway, $6.2 million for improvements to Traders Road and $11.9 million for downtown redevelopment, including street improvements and the establishment of a Dallas Area Rapid Transit (DART) station.
The zone requires a seven-member board of directors, was put into effect starting Jan. 1, 2009, and is designed to remain in place for 35 years, or until all project costs, bonds or other obligations are paid in full.