Missouri City TIRZ #2 Agenda April 2026
MuniCap Backs $6.5 Million TIF for Mustang Bayou Utilities
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Description
MuniCap, Inc., acting as TIRZ Administrator, recommended approval of $6.5 million in Tax Increment Financing assistance for Mustang Bayou Service Area water and wastewater projects. The recommendation concludes that projected tax increments through 2049 are sufficient to fully support the requested funding.
Contract Details
Contract Amount
$6,500,000 (TIF assistance requested for project costs)
Vendor
MUNICAP INC
Agency
MISSOURI CITY MANAGEMENT DISTRICT 2, TX
Contract Type
PROFESSIONAL_SERVICES
Document Date
April 22, 2026
Contract Term
Costs to be incurred over approximately four years (2026–2030)
Renewal Date
2049-12-31
Renewal Info
Recommendation pertains to a single $6.5 million TIF assistance package; future phases or additional requests may be considered as further projects proceed between 2027 and 2030.
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