The City of Live Oak has one Tax Increment Reinvestment Zone located in the Woodcrest Subdivision. The Zone was created to support redevelopment and public infrastructure improvements for the City of Live Oak’s Woodcrest Subdivision. These improvements within the Zone shall include, but not limited to, streets, sidewalks, utilities, drainage, and 711 single-family homes. Formed in December of 2001, the Board of Directors of the Zone performs its purpose within the limitations of Ordinance Number 1141 and the Texas Tax Code, Chapter 311.

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