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HomeMy WebLinkAboutTAX INCREMENT REINVESTMENT ZONE DELORIS "BOBBIE" PRINCE, MAYOR � FLOYD T. JOHNSON WILLIE "BAE" LEWIS, JR. MAYOR PRO TEM City of CITY MANAGER COUNCIL MEMBERS: SHERRI BELLARD RAYMOND SCOTT, JR. CITY SECRETARY ELIZABETH "LIZ" SEGLER %g r t h u MORRIS ALBRIGHT VAL TIZENO HAROLD L. DOUCET, SR. 7e J1Q S CITY ATTORNEY ROBERT E. WILLIAMSON DERRICK FREEMAN KERRY "TWIN" THOMAS NOTICE OF PUBLIC HEARING FOR THE CREATION OF DOWNTOWN TAX INCREMENT REINVESTMENT ZONE NUMBER ONE, CITY OF PORT ARTHUR, TEXAS UNDER CHAPTER 311 OF THE TEXAS TAX CODE The City Council of the City of Port Arthur, Texas will hold a public hearing in the City Council Chambers at 444 Fourth Street, Port Arthur, Texas at 6:00 P.M. on Tuesday, October 30, 2012 on the creation of the Downtown Tax Increment Reinvestment Zone Number One, City of Port Arthur, Texas ( the "Zone ") under provisions of Chapter 311 of the Texas Tax Code and the benefits of the Zone to the City and the property in the Zone. The general impact of the proposed Zone will be to increase the value of taxable properties through the construction of new public and private improvements. At the hearing, any interested person may speak for or against the creation of the Zone, its proposed boundaries or the concept of tax increment financing. Copies of the metes and bounds description and drawings of the proposed Zone are available at the ity Secretary's office at City Hall 1 Sherri Bellard, City Secretary Publication Date: October 10, 2012 P.O BOX 1089 • PORT ARTHUR, TEXAS 77641 -1089 • 409/983 -8115 • FAX 409/983 -8291