Tax Increment Reinvestment Zone No. 22 - Ridge Stone Project
For boards created after September 1, 2001, the board may be composed of 11 members, pursuant to Section 311.0091 of the Texas Tax Code, Chapter 311. Currently five of the board members are appointed by the City Council, for two-year terms. The board elects a Presiding Officer for a one-year term, effective upon election.
Each taxing unit that approves the payment of all or part of its tax increment into the tax increment fund is entitled to appoint a number of members to the board in proportion to the taxing unit's pro rata share of the total anticipated tax increment to be deposited into the tax increment fund during the term of the zone. Currently, the City Council of the City of San Antonio may appoint five (5) directors. Bexar County may appoint three (3) directors so long as Bexar County approves payment of all or part of its tax increment to the tax increment fund for the Reinvestment Zone. The Alamo Community College District may appoint one (1) director so long as the Alamo Community College District approves payment of all or part of its tax increment to the tax increment fund for the Reinvestment Zone. The Texas State Senator in whose district the Reinvestment Zone is located is a director or may designate an individual to serve in that State Senator's place on the Board, at the pleasure of that State Senator. The member of the Texas State House in whose district the Reinvestment zone is located is a director or may designate an individual to serve in that State House member's place on the board, at the pleasure of that State House member. Each director must meet the eligibility requirements of Texas Tax Code, Section 311.0091.
To be eligible for appointment to the board, an individual must:
(1) be a qualified voter of the municipality; or
(2) be at least 18 years of age and own real property in the zone or be an employee or agent of a person that owns real property in the zone.
Liaison: Jonathan Lane - (210) 207-3382
Total Members for Tax Increment Reinvestment Zone No. 22 - Ridge Stone Project: 3
City of San Antonio - Agenda Details Printable Version