Commissioners Move Forward on County Energy Transportation Reinvestment Zone

Written by Larry Crippen. Posted in Local News, News

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Commissioners Move Forward on County Energy Transportation Reinvestment Zone

Published on March 11, 2014 by Larry Crippen

At Commissioners’ Court Monday, GrantWorks consultant Miranda White-Harris discussed with commissioners the finalization of their application procedures for the establishment of a County Energy Transportation Reinvestment Zone.

Ms. White-Harris said the Reinvestment Zone is a Walker County Appraisal District Parcel owned by Curtis Bennett, and the entire right-of-way is Dodge Oakhurst Road from FM 405 to the county line. Advisory Board Members will be Byron Sandel, R-D Hopper and Curtis Bennett. All future increased tax revenue from the Reinvestment Zone property must be committed to the Road & Bridge budget that covers its maintenance for a decade.

For 2014, the County has been allocated $230,000 from the TxDOT fund. The County is seeking $3,150,000. The money is to be used to rehabilitate County Roads damaged by oil and gas industry vehicles listed as priorities by commissioners. A 10 percent match is required by the County. The gross amount of the grant money available to Texas counties as a whole is $225,000,000.

GrantWorks Spokesperson White-Harris explained, the TIF, or Texas Infrastructure Plan . . . .

REINVZONE3-10-14

Monday, commissioners approved actions in moving forward with establishing a County Energy Transportation Reinvestment Zone.

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