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Tax Increment Reinvestment Zone #19

UPPER KIRBY REDEVELOPMENT AUTHORITY – UKRA/TIRZ #19 Created by Houston City Council in July 1999, the Tax Increment Reinvestment Zone (Zone 19) helps finance the cost of redeveloping/revitalizing the Upper Kirby District in order to attract sufficient market development in a timely manner. PURPOSE: Storm Drainage Improvements Safety & Security Infrastructure Improvements Traffic Mobility Improvements Levy Park Improvement Created: by City Council July 1999 Duration: 30 year Area: 515 Acres 1999 Base Year Value: $551,323,770 Current Taxable Value (TY2011 Estimate): $1,620,000,000 Funding: Tax increment Board Size: Seven Members Boundaries: Roughly Westheimer (N), Shepherd (E), Bissonnet (S) and Buffalo Speedway (W). Link to boundary map. Proposed Budget: Current budget information is included within this section. CAPITAL IMPROVEMENTS PLAN PROPOSED CAPITAL IMPROVEMENTS PROJECTS: PROPOSED CAPITAL IMPROVEMENTS PROJECTS: Storm Drainage Improvements Safety & Security Infrastructure Improvements Traffic Mobility Improvements Levy Park Improvements  Follow this link to the UKRA/TIRZ #19 2006-2010 CIP (Capital Improvements Plan). PROJECT PLAN OVERVIEW Completed: Levy Park Improvements Richmond Esplanades Wayfinding Signage Traffic/Mobility Study Storm Drainage Study Kirby Drive Richmond to Westheimer Kirby Drive Richmond to US 59 TOTAL $933,000 $198,600 $62,000 $286,000 $372,000 $22.7M $5.6M $1,851,600   Proposed: Storm Drainage Improvement Safety and Security Infrastructure Improvements Traffic Mobility Improvements TOTAL $23,260,000 $600,000 $1,850,000 $25,710,000   COMPLETED PROJECTS Levy Park: TIRZ Revenue Private Funding Annual Maintenance By Upper Kirby Management District $933,000 $240,000 $45,000   Richmond Esplanades: TIRZ Revenue Annual Maintenance By Upper Kirby Management District $198,600 $40,000 Wayfinding Signage TIRZ Revenue Annual Maintenance By Upper Kirby Management District $62,000 $5,000 Kirby Drive Richmond to Westheimer TIRZ Revenue Management District Participation City of Houston Participation Annual Maintenance By Upper Kirby Management District $14M $1.5M $7.2M $30,000   Kirby Drive Richmond to US 59 TIRZ Revenue Management District Participation Annual Maintenance By Upper Kirby Management District $4.3M $1.3M $25,000   Storm Drainage Survey Identified Improvements $372,009 $23,840,000         * Drainage Improvements are to the Kirby, Greenbriar & Shepherd Drainage Systems Richmond Avenue July 2005   Westheimer July 2005 Area Inlet Design Construction: $20,000 $140,000        Construction Projects        Design Projects       Traffic Mobility Study Identified: $286,000 $2,800,000   Mobility and Public Safety Improvements throughout District Included Kirby & Buffalo Speedway Street Tree Inventory PROJECTED DEVELOPMENT           2727 Kirby Drive       $28,000,000                 The Gables     Kirby @ Westheimer       $75,000,000 CONSTRUCTION UPDATES For the latest on Upper Kirby construction, visit our Enews Archives. For more information on Upper Kirby construction, contact Travis Younkin at 713-524-8000 or email, This e-mail address is being protected from spam bots, you need JavaScript enabled to view it . Upper Kirby E-News BOARD OF DIRECTORS Sydney "Buddy" Bailey – Chairman Emil Pena – Vice Chairman Charles Pendergraft – Secretary Morris Chen – Director Bob Casey – Director Monique Ward – Director