Ordinance No. 1303 (ai_ac_)City of Southlake (Tarrant County)

C. Ordinance No. 1303, 1st Reading, Designating a Geographic Area within the

Bastiat Overreach Score: 54/100

Passed: 2026-09-15 • Effective: 2026-09-15

Executive Summary & Impact

City as a Tax Increment Reinvestment Zone Pursuant to Chapter 311 of the Texas Tax Code, to be known as Reinvestment Zone Number Two, City of Southlake, Texas; Describing the Boundaries of the Zone; Creating a Board of Directors for the Zone and Appointing Members of the Board; Establishing a Tax Increment Fund for the Zone; Containing Findings Related to the Creation of the Zone; Providing a Date for the Termination of the Zone; Providing that the Zone Take Effect Immediately Upon Passage of the Second Reading of this Ordinance; Providing a Severability Clause; and Providing an Effective Date.

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Legislative Enactment & Roll-Call History

44 • City of Southlake City Council - September 15, 20262026-09-15

C. Ordinance No. 1303, 1st Reading, Designating a Geographic Area within the

Outcome: PASSED (7-0) • Motion on C. Ordinance No. 1303, 1st Reading, Designating a Geographic Area within the

Official Legal Text & Codified Sections

OFFICIAL LEGISLATIVE DOCKET RECORD — CITY OF SOUTHLAKE
Instrument / Docket Number: Ordinance No. 1303 (ai_ac_) (Agenda Item 44)
Meeting: City of Southlake City Council - September 15, 2026
Date Enacted: 2026-09-15
Roll-Call Outcome: PASSED (7 YES - 0 NO)
Category: General Regulation
Source Document: https://www.cityofsouthlake.com/AgendaCenter/ViewFile/Agenda/_09152026-2321

VERBATIM DOCKET TEXT & SUMMARY:
City as a Tax Increment Reinvestment Zone Pursuant to Chapter 311 of the Texas Tax Code, to be known as Reinvestment Zone Number Two, City of Southlake, Texas; Describing the Boundaries of the Zone; Creating a Board of Directors for the Zone and Appointing Members of the Board; Establishing a Tax Increment Fund for the Zone; Containing Findings Related to the Creation of the Zone; Providing a Date for the Termination of the Zone; Providing that the Zone Take Effect Immediately Upon Passage of the Second Reading of this Ordinance; Providing a Severability Clause; and Providing an Effective Date.