TIRZ No. 2 development agreement with Rhodes Development
Weslaco
Summary
The city locked in a deal with Rhodes Development for the north Weslaco TIRZ area: the developer covers all on-site drainage and tax increment splits 75-25 on the M&O rate over a 30-year financing plan. This shapes how a major chunk of north-side growth gets paid for.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Jan 20, 2026.
Impact analysis
Tax increment from the development splits 75-25 between the city and the zone over 30 years.
North Weslaco residents and businesses get new development with drainage handled by the developer.
Mentions & discussions (1)
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