Home Montgomery County Montgomery County’s first TIRZ to help developer build new 2,000-acre community in Magnolia

Montgomery County’s first TIRZ to help developer build new 2,000-acre community in Magnolia

Montgomery County’s first TIRZ to help developer build new 2,000-acre community in Magnolia

Montgomery County’s first tax increment reinvestment zone will help Houston-based developer Johnson Development create its new 2,000-acre master-planned community in Magnolia. Commissioners approved the zone during a June 18 meeting. County Attorney B.D. Griffin said the the reinvestment zone will allow a portion of the taxes collected to be used…

Original Article: http://www.houstonchronicle.com/neighborhood/conroe/article/montgomery-county-magnolia-kresston-tax-19518145.php

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