Legislation Details

File #: 26-1516A    Version: 1 Name:
Type: CONSENT AGENDA Status: Agenda Ready
File created: 4/24/2026 In control: Office of Economic Development
On agenda: 5/13/2026 Final action:
Title: Authorize a public hearing to be held on May 27, 2026 to receive comments on proposed amendments to the Project Plan and Reinvestment Zone Financing Plan ("Plan") for Tax Increment Reinvestment Zone Number Eighteen, the Maple/Mockingbird Tax Increment Financing District ("Zone") to (1) increase the geographic area of the Zone by approximately 9.3 acres of real property to promote development or redevelopment of the Zone; and (2) make corresponding modifications to the Zone's boundary and Plan; and, at the close of the public hearing on May 27, 2026, consider an ordinance amending Ordinance No. 27690, previously approved on September 23, 2009, to reflect these amendments - Financing: No cost consideration to the City *In alignment with Economic Development Incentive Policy.
Indexes: 2
Attachments: 1. Resolution, 2. Exhibit A
Date Ver.Action ByActionResultAction DetailsMeeting Details
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PILLAR:                     Growing

AGENDA DATE:                     May 13, 2026

COUNCIL DISTRICT(S):                     2

DEPARTMENT:                     Office of Economic Development

PRIORITY:                     Targeted Economic Growth

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SUBJECT

 

Title

Authorize a public hearing to be held on May 27, 2026 to receive comments on proposed amendments to the Project Plan and Reinvestment Zone Financing Plan (“Plan”) for Tax Increment Reinvestment Zone Number Eighteen, the Maple/Mockingbird Tax Increment Financing District (“Zone”) to (1) increase the geographic area of the Zone by approximately 9.3 acres of real property to promote development or redevelopment of the Zone; and (2) make corresponding modifications to the Zone’s boundary and Plan; and, at the close of the public hearing on May 27, 2026, consider an ordinance amending Ordinance No. 27690, previously approved on September 23, 2009, to reflect these amendments - Financing: No cost consideration to the City

 

*In alignment with Economic Development Incentive Policy.

 

Body

BACKGROUND

 

The Maple/Mockingbird TIF District (“TIF District” or “Zone”) was created in December 2008, to encourage the redevelopment of obsolete multi-family and commercial buildings,

inadequate retail centers, and underutilized industrial facilities in the area between Love

Field Airport and the medical district to the southwest. The TIF District promotes the development of denser, pedestrian-oriented residential development, expansion of retail activity and support of existing medical related uses while taking advantage of DART’s expanding light rail system.

 

On September 23, 2009, the City Council authorized (1) the Project Plan and Reinvestment Zone Financing Plan for Tax Increment Financing Reinvestment Zone Number Eighteen (Maple/Mockingbird TIF District); and (2) a participation agreement with Dallas County for Tax Increment Financing Reinvestment Zone Number Eighteen by Resolution No. 09-2362; Ordinance No. 27690, as amended. 

 

This Plan amendment proposes to expand the Zone by approximately 9.3 acres. The proposed Plan amendment enables the TIF District to provide TIF District funding assistance to an important redevelopment project involving an underutilized property located at 1545 West Mockingbird Lane.  No amendments to the TIF District budget or term are proposed.

 

Pursuant to the Texas Tax Code, Chapter 311, as amended, the Tax Increment Financing Act (“Act”), a public hearing is required if the boundary of an existing TIF district is increased or decreased, the amount of bond indebtedness is increased or decreased, the percentage of a tax increment to be contributed by a taxing unit is proposed to increase or decrease, the total estimated project costs increases, or additional property within the TIF District is designated to be acquired by the City.

 

According to the Dallas Central Appraisal District (DCAD), the 2025 certified taxable value of the real property proposed to be added to the TIF District is $7,320,000.00. Proposed changes to the Plan are minor and include updating the boundary and other maps as necessary and modifying the estimated base year value of the Zone from $184,005,009.00 to $191,325,009.00 to reflect the added real property. The base year value may be adjusted based on final DCAD 2025 values and any corrections.

 

PRIOR ACTION/REVIEW (COUNCIL, BOARDS, COMMISSIONS)

 

On December 10, 2008, the City Council held a public hearing and authorized the Tax Increment Financing Reinvestment Zone Number Eighteen to be known as the Maple/Mockingbird TIF District by Resolution No. 08-3398;  Ordinance No. 27435, as amended.

 

On September 23, 2009, the City Council authorized increasing the geographic area of the Tax Increment Financing Reinvestment Zone Number Eighteen (Maple/Mockingbird TIF District) to include three adjacent properties by Resolution No. 09-2361; Ordinance No. 27689.

 

On September 23, 2009, the City Council authorized (1) the Project Plan and Reinvestment Zone Financing Plan for Tax Increment Financing Reinvestment Zone Number Eighteen (Maple/Mockingbird TIF District); and (2) a participation agreement with Dallas County for Tax Increment Financing Reinvestment Zone Number Eighteen by Resolution No. 09-2362; Ordinance No. 27690, as amended.

 

On April 28, 2026, the Maple/Mockingbird TIF District Board of Directors reviewed and recommended approval of the proposed amendment of the Plan to add approximately 9.3 acres of real property addressed as 1545 West Mockingbird Lane to the Zone.

 

The Economic Development Committee was briefed by memorandum regarding this matter on May 4, 2026. <https://cityofdallas.legistar.com/View.ashx?M=F&ID=13705678&GUID=66477A18-F821-499E-9AA2-90F4D0A3557D>

 

FISCAL INFORMATION

 

No cost consideration to the City.