Council Approves $1 Million for North TIRZ Flood Recovery

SAN ANGELO, TX – The San Angelo City Council has approved up to $1 million from the North Tax Increment Reinvestment Zone (TIRZ) to help commercial property owners recover from damage caused by the July 4 flooding.

The resolution, passed at the Aug. 19 council meeting, sets aside funds to assist eligible property owners with repairs. Within the North TIRZ, 72 properties were identified as having sustained varying levels of damage.

Under the program, property owners may apply for up to $55,000 in assistance. Eligible expenses include building and site renovations, environmental cleanup, safety upgrades, and drainage improvements related to the flood. Properties zoned RM-1, RM-2, and commercial are eligible.

Applications will be accepted for 90 days, and 10% of awarded funds may be paid upfront with proper invoices or receipts, as determined by the Planning and Development Services director. Any unallocated dollars after the application period will return to the North TIRZ fund for reallocation.

The measure followed a recommendation from the TIRZ Board’s Aug. 8 meeting.

For more information or to apply, property owners can contact the city’s Planning Division at 325-657-4210 or email [email protected].