City of Irving City Council Regular Meeting Agenda March 26, 2026
Irving, DART approve TIRZ transit funding agreement
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Description
The Irving City Council approved an interlocal agreement with Dallas Area Rapid Transit (DART) to enable DART contributions of sales tax increments for eligible projects in the city’s Tax Increment Reinvestment Zones. The 10-year participation terms per zone require a 1:1 local match and are intended to support transit-oriented development and economic growth.
Contract Details
Vendor
DALLAS AREA RAPID TRANSIT (DART)
Agency
Irving village, IL
Contract Type
OTHER
Document Date
March 26, 2026
Contract Term
10-year term for each participating TIRZ; ILA executable any time over next five years and expiring January 1, 2031
Renewal Date
2031-01-01
Renewal Info
ILA may be executed by member cities over a five-year window and will expire January 1, 2031; each DART participation in a specific TIRZ runs for a 10-year term.
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