Printable Form 2032 Mesquite Texas 2024-2025

Printable Form 2032 Mesquite Texas: What You Should Know

Taxes. The City of Mesquite, Texas (the “City”) declares that an IH-20 Business Park will be created under the authority of the Texas Department of Transportation (Dot) to provide the Texas Department of Transportation with an additional 250,000 increase which may be used for the acquisition of property for the City. The City also declares that any such increased property acquisition fee and associated expenses, except the acquisition of the State Highway #29 (Fishing Lake Road), will be paid from the increase which may be received by the City under the City of Mesquite (the “Act”) for development of the IH-20 Business Park and in payment of the City's obligations under the Act pursuant to the “Inventory Control in Texas Act”, Tex. Ex. Code Ann. 38.071. The “Act” also provides that only IH-20 Business Park Development projects that are certified by the Texas Department of Education as ․ eligible programs under Tex. Rev. Stat. Ann. 8.085(b), (h) (2011), may be granted financial assistance under the Act. Tex. Rev. Stat. Ann. 8.076(a)(1). The Act specifies that a ․ IH-20 Business Park Project shall be eligible only after the City certifies that a completed environmental impact statement has been reviewed by a licensed professional engineer or Texas Environmental Protection Agency specialist The City has determined that the Texas Department of Education's proposed IH-20 Business Park is within the scope of the Act and in accordance with the program guidelines. Tex. Rev. Stat. Ann. 8.076(c)․ Pursuant to the act, the City has notified the Texas Department of Transportation that it is eligible to receive payments from the increase pursuant to the IH-20 Business Park Reinvestment Zone. Tex. Rev. Stat. Ann. 8.076(d). The City has determined that any funds required in connection with the purchase of property purchased to develop the City IH-20 Business Park, which are not included under that definition in Tex. Rev. Stat. Ann. 8.085(b)(1), shall be used to cover the costs. Tex. Rev. Stat. Ann. 8.076(d).

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