BELTON â After nearly 20 years since its creation, the Belton Tax Increment Reinvestment Zone is now up for renewal with a proposed $87.4 million in projects over the next two decades.
The Bell County Commissioners Court and Belton city officials met during a workshop Monday to discuss the renewal of the zone, which helps fund projects in and around the city.
Belton officials came to the county to encourage commissioners to continue being a member of the zone for its renewal.
Belton Mayor Wayne Carpenter said the reinvestment zone has had a very positive impact on the city and its businesses.
Carpenter said as the city expands further to the south, the expansion of the reinvestment zone will be very valuable.