PILLAR: Growing
AGENDA DATE: May 27, 2026
COUNCIL DISTRICT(S):|910|DEPARTMENT: Office of Economic Development
PRIORITY: Targeted Economic Growth
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SUBJECT
Title
A public hearing to receive comments on proposed amendment of 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 to add the property currently addressed as 1545 West Mockingbird Lane; (2) make corresponding modifications to the Zone's boundary and Plan; and (3) include findings that (a) vacant and underutilized property in the proposed expansion area substantially arrests or impairs the sound growth of the City, (b) development or redevelopment in the proposed expansion area will likely not occur solely through private investment in the foreseeable future, and (c) inclusion of the proposed expansion area will have an overall benefit to, and further the purposes of, the Zone; and, at the close of the public hearing, consider an ordinance amending Ordinance No. 27435, previously approved on December 10, 2008, as amended, and 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 established by the City Council in December 2008 to serve as a long-term tool to support redevelopment of the area southwest of Dallas Love Field Airport.
On September 23, 2009, the City Council authorized the TIF District's Plan by Resolution No. 09-2362; Ordinance No. 27690. The TIF District is scheduled to sunset on December 31, 2033 or earlier if the TIF District's budget of $27.8 million net present value (approximately $52.5 milli...
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