The City of Grand Prairie adopted a tax rate that will raise more taxes for maintenance and operations than last year’s tax rate.The tax rate will effectively be raised by 2.13 percent and will raise taxes for maintenance and operations on a $100,000 home by approximately $-.22. In accordance with Tax Code § 26.05(b)(2).
The Sports Facilities Development Corporation promotes economic development within the city and state of Texas in order to eliminate unemployment and underemployment. It encourages employment and public welfare of the city by developing, implementing, providing and financing a pari-mutuel horse racetrack and related projects under the Development Corporation Act of 1979, Texas Revised Civil Statutes. The Corporation shall have the power to provide financing to pay the costs of the project through the issuance or execution of bonds, notes and other forms of debt instruments.
Seven members: four members shall be members of the city council and three members must not be council members. Nominations are submitted by the mayor and council members based on qualifying factors. A consensus is drawn by the council.
Sports Facilities Development Corporation Contact: For more information on meeting dates or if interested in attending, please email Lee Harriss.
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