Tax measure will boost infrastructure in Bardwell Lake area
Waxahachie Daily Light
An agreement with the city of Ennis to enter into a tax increment reinvestment zone, or TIRZ, in the area of U.S. Highway 287 and Bardwell Lake drew discussion before being approved during Tuesday’s meeting of the Ellis County Commissioners’ Court.
Commissioners unanimously OK’d the agreement to join into the TIRZ pact between the county and Ennis. The newest TIRZ is the third for the city.
A TIRZ is a method of funding development in undeveloped areas under Texas state law. Funds from property taxes are set aside to develop infrastructure in the defined area within the zone.