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Ord 2020-046/amending the project plan and reinvestment zone financing plan for Tax Increment Reinvestment Zone No. 5, also known as the “Downtown TIRZ,” generally bounded by Concho Street, Moore Street, North Street, Comanche Street, Shady Lane, Frederic
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Ord 2020-046/amending the project plan and reinvestment zone financing plan for Tax Increment Reinvestment Zone No. 5, also known as the “Downtown TIRZ,” generally bounded by Concho Street, Moore Street, North Street, Comanche Street, Shady Lane, Frederic
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7/29/2020 8:59:58 AM
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Ordinances
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2020-46
Date
6/18/2020
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Final Draft 04.29.2O2O <br />Existing Uses <br />1.Map showing existing uses and conditions of real property inZone No. 5 <br />Zone No. 5 consists of approximately 244 acres of commercial, retail, restaurants, residential and office <br />uses within the City's designated Charter District 5 Downtown (CD -5D). <br />Development and redevelopment of the property within Zone No. 5's boundaries is necessary because the <br />area is undeveloped or underdeveloped and because of obsolete platting, deterioration of structures or site <br />improvements, or other factors, arrests the sound growth of the City's downtown. <br />The map onthis page illustrates the current condition ofthe land. <br />City of San Marcos <br />Zone No. S Project Plan and Financing Plan 7 <br />
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