Board Meeting - Tax Increment Reinvestment Zone (TIRZ) #3 09/21/2026

The City of Brownsville's Tax Increment Reinvestment Zone (TIRZ) #3 board held a meeting on September 21, 2026, focusing primarily on a presentation regarding Texas state law Chapter 351, which enables state-supported financing for qualified hotel and convention center projects on city-owned land. The discussion detailed how hotel occupancy, sales, and mixed beverage taxes generated by such projects could be used to finance construction, expansion, and related infrastructure improvements. The board reviewed eligibility criteria, tax revenue capture mechanisms, and the legislative status of the program, including an upcoming expiration in 2027 and efforts to extend it. No specific contract awards or vendor selections were made during the meeting, but the board authorized staff to proceed with actions as discussed in executive session related to advancing potential projects under this financing framework. Public access concerns to meetings were also briefly addressed.