HomeMy WebLinkAbout033827 RES - 12/16/2025Resolution authorizing execution of an Interlocal Cooperation
Agreement with Nueces County for participation in the Tax Increment
Reinvestment Zone Number Seven (TIRZ #7).
WHEREAS, the City of Corpus Christi, Texas (the "City"), pursuant to Chapter
311 of the Texas Tax Code, as amended (the "Act"), may designate a geographic area
within the corporate limits or extraterritorial jurisdiction of the City as a tax increment
reinvestment zone if the area satisfies the requirements of the Act; and
WHEREAS, the Act provides that the governing body of a municipality by
ordinance may designate a contiguous or noncontiguous geographic area within the
corporate limits of the municipality or within the extraterritorial jurisdiction of the
municipality to be a reinvestment zone if the governing body determines that development
or redevelopment would not occur solely through private investment in the reasonably
foreseeable future; and
WHEREAS, the City Council of the City of Corpus Christi (the "City Council ")
designates Tax Increment Reinvestment Zone Seven within the extraterritorial
jurisdiction of the City, and desires for the City to consider an Interlocal Cooperation
Agreement with Nueces County for participation and contribution in the Tax Increment
Reinvestment Zone Seven.
Be it resolved by the City Council of the City of Corpus Christi, Texas:
SECTION 1. That the City Manager or designee is authorized to execute an Interlocal
Cooperation Agreement with Nueces County for participation and contribution to the Tax
Increment Reinvestment Zone No. 7, City of Corpus Christi, Texas tax increment fund.
SECTION 2. This Resolution shall take effect and be in full force immediately after its
adoption by the City Council.
PASSED and APPROVED on the 1(0* day of T W , 2025.
Pau ette Guajardo,
ATTEST:
Rebecca Huerta, City Secretary
SCANNED
033827