Economic Development
TOASE has extensive experience in all areas of economic development. The promotion of economic development is often a primary objective of local governments in maintaining or achieving the community's goals and financial viability. Economic development, whether through new projects and development, or redevelopment, often requires creative public incentive packages and a full understanding of the legal requirements. Regardless of the size of the economic development project, the lawyers at TOASE are adept in the proper utilization of the numerous statutory authorities available to achieve the intended goal.
• | Draft development agreements complying with complex State laws, and negotiate allowed incentives with developers on behalf of our client cities |
• | Assist in creating Type A and Type B Economic Development Corporations, establishing the sales tax for the benefit of the Corporations and drafting Economic Development and Performance Agreements to implement permitted projects for the Corporations |
• | Provided legal counsel in the creation of Reinvestment Zones, drafted criteria for tax abatement, and negotiated and drafted tax abatement agreements |
• | Assisted in the creation of Tax Increment Financing Zones, provided legal advice to TIF boards, and negotiated and drafted TIF agreements |
• | Drafted special state legislation to create the Kennedale Town Center Municipal Management District |
• | Southlake Town Center and Parking Garage |
• | Kennedale Town Center |
• | Mansfield Big League Dreams Sports Park |
• | Mansfield Hawaiian Falls Water Park |
• | Southlake DPS Building |
• | Southlake Water Storage Tanks |
• | Hidden Creek Golf Course |
• | Burleson Community Center |