The Tax Increment Reinvestment Zone No. 20 (TIRZ No. 20) was created in 2022 to finance the construction of public improvements for the Colony Park Sustainable Community. TIRZ No. 20 is 211.5 acres of City-owned property on Loyola Lane between Johnny Morris Road and Decker Lane in East Travis County. The City Council serves as the TIRZ No. 20 Board of Directors. TIRZ No. 20 meets the requirements of Texas Tax Code Chapter 311.
The Colony Park Sustainable Community council‐approved master plan strives to provide a mix of housing (single family and multifamily), commercial space, a transit center, and a town center. Improvements within TIRZ No. 20 will significantly enhance the value of all the taxable real property in the zone and will be of general benefit to the City of Austin. The Council issued Ordinance No. 20221103-004 authorizing TIRZ No. 20 on November 3, 2022.
Members
The eleven council members serve as the Board of Directors:
- President Watson
- Board Member Harper-Madison
- Board Member Fuentes
- Board Member Velasquez
- Board Member Vela
- Board Member R. Alter
- Board Member Kelly
- Board Member Pool
- Board Member Ellis
- Board Member Qadri
- Board Member A. Alter
Meeting Location
Contact the staff liaison for meeting information. All meetings are held in the Council Chambers of City Hall, located at: 301 W. Second St. Austin, TX 78701
Meeting Documents
Staff Contact
Robert Rowan, Financial Services Department, 512-978-1858
Kimberly Olivares, Financial Services Department, 512-974-2924