TIF 4: Southside/Medical District
Purpose: TIF 4 (Southside) was created to promote new development and redevelopment of the Southside Medical District.
Established: Nov. 25, 1997 by City Council
Term: The term extends from 1998 until 2022. Currently, TIF 4 is capped at $60 million.
General: This TIF covers 1,400 acres and includes the Southside Medical District. It extends east of I-35 to Kentucky Avenue and is generally bounded to the north by I-30 and Vickery Boulevard and to the south by Allen Street and West Arlington Avenue. Mr. Joel Burns serves as the Chair of TIF 4. View the boundary map.
Project and Financing Plan
Approved on August 31, 1999 by the TIF Board and City Council. Download the full plan.
Projects:
| TIF Management Contract | $2,997,058 |
| Residential Development | $1,383,458 |
| Business Development | $3,139,495 |
| Streetscape/Gateways | $15,387,957 |
| Parks | $722,278 |
| Schools | $12,990,157 |
| Parking Structures | $6,036,521 |
| Total TIF Commitment | $42,656,924 |
Anticipated Projects:
- Retail Development
- Signage
Financial Information
| Base Value | $235,875,120 |
| 2010 Taxable Value | $445,045,870 |
| 2010 Taxable Increment | $209,170,750 |
| 2010 City of Fort Worth Contribution | $1,758,848 |
| City of Fort Worth Contribution to Date | $9,602,937 |
| Total Contribution from Entities to Date | $32,111,815 |
Level of Participation by Entity:
| City of Fort Worth | 100 % |
| Tarrant County Hospital District | 100 % |
| Tarrant County College | 100 % |
| Regional Water District | 100 % |
| Tarrant County | 100 % |
| Fort Worth ISD | 100 % |
Board Meetings
TIF 4 Board
- Joel Burns, Chair (Council)
- Juan Rangel (FWISD)
- Jon Ed Robbins (Tarrant County)
- Mark McClendon (Tarrant County College)
- Scott Rule (Hospital District)
- Linda Christie (Water District)
- Roy Brooks (Council)
- Kathleen Hicks (Council)
- Don Scott (City)