George E. Johnson Development Inc. in conjunction with Civic Design Associates were tasked with defining an overall strategy for the City of Missouri City; including a discussion of the barriers to redevelopment and a discussion of the study area’s position in the greater area’s economic position. Provide list of public improvement priorities including description of the projects, costs, source of funding and immediate actions; Financial projections, including projected tax revenues and needed public expenditures. Locate potential financing mechanisms and strategies, including analysis of advantages/disadvantages of:
Tax Increment Reinvestment Zone (TIRZ)
- Public Improvement District (assessment district)
- Development impact fees
- Grant programs
Recommended development incentives.