Summary: Willow Park Civics provides an Index of blogs and other sources about the City of Willow Park Tax Increment Reinvestment Zone One for the Wilks Development.
Latest Update: updated 24 March 2025; posted 28 January 2025
• Note: Willow Park Civics is about Willow Park but is NOT associated with or managed by the City of Willow Park.
Index: TIRZ One, Wilks Tax Increment Reinvestment Zone
Willow Park Civics Research and Sources / Journal
Willow Park Civics provides an index of blogs City meetings, other sources, and a journal about the City of Willow Park Tax Increment Reinvestment Zone One for the Wilks Development.
Willow Park Research and Sources
• Willow Park Civics > Issues > City Development > TIRZ and Wilks Development > TIRZ One webpage with 2016 original TIRZ One agreement
• Comptroller of Texas >
• Chapter 311, Texas Tax Code. (MuniCap) / Texas Constitution and Statutes > TAX CODE > TITLE 3. LOCAL TAXATION >SUBTITLE B. SPECIAL PROPERTY TAX PROVISIONS > CHAPTER 311. TAX INCREMENT FINANCING ACT
• All Tax Increment Reinvestment Zone Board Meeting Agendas, City of Willow Park Webpage
• TIRZ agenda November 18, 2021 - 9:00am
• TIRZ meeting cancellation notice November 18, 2021 - 9:00am
Journal
• About Us
• Clarity Homes: The Reserves at Trinity, Phase 2, Willow Park Civics Blog, posted 24 March 2025
In February 2024 Wilks Development sold its remaining 40+ acres of residential property to Clarity Homes. This March 2025, Phoenix Realty Investments, LLC, has proposed the subdivision plat of “The Reserves at Trinity” for Phase 2, consisting of approximately 45.37 acres for 84 residential lots for single-family detached homes. Phoenix Realty Investments, LLC is the applicant and property owner, and Clarity Homes is the builder.
• 14 January 2025 Council Meeting, Willow Park Civics Blog, posted 10 January 2025 [Beall Development Index, TIRZ Two*]
• Agenda Item 5. PUBLIC HEARING: Hold a Public Hearing, Consideration and take appropriate action on the Creation of Tax Increment Reinvestment Zone No.2 (the “Zone”), consisting of approximately 293.45 acres of land generally located south of IH 20, west of FM 1187, and north of E Bankhead Highway within the extraterritorial limits of the City of Willow Park; authorizing issuance of notice; and providing a preliminary Project Plan and Finance Plan, prepared by the City’s TIRZ Administrator, pursuant to Chapter 311, Texas Tax Code. (MuniCap) [Beall Development*] #DevelopmentSouth
• [Willow Park Civics Notes: Tabled]
2024
• 80 more homes to The Reserves in Willow Park. "Willow Park to Add More Rooftops to Booming Parker County Suburb" Willow Park Civics Blog, posted 08 February 2024
Summary: Wilks Development recently sold its remaining 44 acres of residential property to Clarity Homes, who now plans to build 80 homes in the second phase of The Reserves at Trinity; development will begin in early fall. Lot sizes will vary, and prices will range from the upper $400,000 range to the $600,000.
2021
• 18 November 2021, TIRZ Board Meeting, Willow Park Civics Blog, posted 18 November 2021 / Cancellation Notice in .pdf
• Summary: A TIRZ Board meeting was called with short notice mid-November to remove a portion of the TIRZ area from the TIRZ agreement; the meeting was cancelled on the morning of the meeting, 18 November. (Map of area included.)
Agenda
1. Discuss and Take Action on reducing the boundaries of the Tax Increment Reinvestment Zone Number One. The Tax Increment Reinvestment Zone Number One (TIRZ) was created by Ordinance 739-16 on October 25, 2016. The TIRZ #1 consists of 230.84 acres of land generally located along the Meadow Place Drive between the Kings Gate Road and Crown Road. The owner is proposing to remove 47.42 acres withing the TIRZ.
The first step in this process will be for the TIRZ Board to meet and make a recommendation to the City Council.
The City Council will hold a Public Hearing on December 14, 2021 to consider comments regarding the exclusion of the property and amending the Zone.
On the morning of 18 November, the TIRZ meeting was cancelled "per the applicant’s request."
• Willow Park Civics Note: The 47 acres to be removed are to the west of Willow Park North The Reserves single family homes, and includes about half of the planned public trails and parks that were in the original 2016 TIRZ plans. Also removed will be the completion of Meadow Place Drive through to Crown Pointe Blvd.
• Please complete entire form and submit to: Alicia Smith, City Secretary
• What Are Tax Increment Reinvestment Zones (TIRZs)?
Tax Increment Reinvestment Zones (TIRZs) are special zones created by City Council to attract new investment in an area. These zones help finance costs of redevelopment and promote growth in areas that would otherwise not attract sufficient market development in a timely manner.
• Overview The Tax Increment Reinvestment Zone Board does the following duties:
-Ensures compliance of Chapter 311 in the Texas Tax Code for the operation of the TIRZ district
-Carries out other tasks designated by the Willow Park City Council
-Reviews the annual report to be distributed to the attorney general and Parker County
-Reviews project and finance plans makes recommendations to City Council for approval
• 23 March 2021 Council Meeting, Agenda
• Agenda Item 1. To consider and act on approval of Fiscal Year 2019 – 2020 Audit. > City Of Willow Park, Texas Financial Statements And Supplementary Information Year Ended September 30, 2020 / Independent Auditor’s Report > City Of Willow Park, Texas Management’s Discussion And Analysis Year Ended September 30, 2020
Economic Factors and the Next Year’s Budgets and Rates
For fiscal year 2020-21, the City's steady commercial and residential growth will insure the increase of ad valorem tax revenues and sales tax revenues. Newly completed single-family homes and retail construction have been completed as well as other projects underway are continuing to improve the tax base for Willow Park.
Development has continued on the biggest and most dynamic project ever planned for Willow Park, the Wilks Development. This Tax Increment Financing Zone (TIRZ) project will include retail, residential, entertainment, and recreational facilities that will be financed by the development's incremental tax value increase
2020
• 10 March 2020 Council Meeting / Agenda
• Agenda Item 2: To consider and act on the appointment of Scott Smith to the Tax Increment Reinvestment Zone Board. Barry Tatum recently resigned his position on the TIRZ Board and staff is recommending the appointment of Scott Smith to this position.
• 11 February 2020 Council Meeting Agenda > Financial Report
2019
• 12 February 2019 Council Meeting, Minutes
• Agenda Item 1. Discussion/ Action: To consider and take action on appointing 3 citizen members and one City Council member to the TIRZ Board for two-year terms.
• Motion made by Councilmember Young To appoint Barry Tatum, Ron Miller and Corey Tucker as citizen members and Councilmember Greg Runnebaum to the TIRZ Board. Seconded by Councilmember McKaughan
• 08 January 2019, TIRZ Meeting, Agenda
• Regular Agenda
1. Discussion only: Announcements
2. Discussion Only: Update on construction inside the Tax Increment Reinvestment Zone.
3. Discussion/ action: To consider and act on a real estate purchase, dedication and/or acquisition within the Reinvestment Zone.
• Executive Session: The Tax Increment Reinvestment Zone Board may convene into a closed executive session pursuant to the provisions of the Texas Open Meetings Act, Texas Government Code Chapter 551, in accordance with the authority contained in the following sections:
Section 551.072 - Deliberation regarding real property;
Section 551.071 – Consultation with Attorney;
A. Real property for wastewater plant
• Regular Agenda Items
Agenda Item 4. Discussion/ Action: To consider and act on items as a result of the Executive Session.
2018
• 14 August 2018 Council Meeting / Agenda > Financial Report
• 17 April 2018 Council Meeting / Agenda > Financial Report
2016
• Agenda Item 18. Discussion/Action: To appoint the Chair of the TIRZ Board, to be immediately effective through December 31, 2016 and the Chair of the TIRZ Board for a one-year term beginning January 1, 2017 through December 31, 2017. / Minutes: ***Councilmember Runnebaum made a motion to appoint the Mayor as the Chair of the TIRZ Board.
• Agenda Item 19. Discussion/Action: To consider and act on Ordinance _____ an Ordinance authorizing and approving the “Final Project and Financing Plan” for Reinvestment Zone Number One, City of Willow Park, Texas. / Minutes:
• Agenda Item 20. Discussion/Action: To consider and act on Resolution _____ a Resolution authorizing the execution of the TIRZ Reimbursement Agreement for Reinvestment Zone Number One between the City of Willow Park Reimbursement Zone Number Once, and WPD Trinity, LLC.
• 25 October 2016 Town Hall Meeting followed by Special Called City Council Meeting, Agenda [The Tax Increment Reinvestment Zone Number One (TIRZ) was created by Ordinance 739-16 on October 25, 2016.]
• Agenda Item 3. Discussion/Action: To consider and act on Ordinance 739‐16 authorizing the creation a tax increment reinvestment zone for that certain 230.84 acres, more or less, within the City and is, generally located in and adjacent to Crown Pointe subdivision, an addition of the City, north of Interstate 20, west of Kings Gate Road and east of Crown Pointe Boulevard appointing a TIRZ board. [Wilks Development TIRZ One]
• Agenda Item 4. Discussion/Action – To consider and act on Ordinance 740‐16 authorizing a request to rezone to “Class I – Special Purpose: “PD” Planned Development District” for that certain 140.3 acre tract, more or less, being situated in the A. McCarver Survey, Abstract 910, the W. Franklin Survey, Abstract 468, the I. Hendley Survey, Abstract 619, the M. Edwards Survey, Abstract 1955, and the J. Froman Survey, Abstract 471, Parker County, Texas, also being a portion of that certain tract described in DOC #201612056, Official Public Records, Parker County, Texas, generally located north of Interstate 20, west of Kings Gate Road and east of the Crown Pointe Subdivision, an addition of the City. [Wilks Development TIRZ One]
• 06 October 2016 Parks & recretion Advisory Board Meeting / Agenda
V. New Business
A. Discussion/Action – 2017 Budget (Galle)
B. Discussion/Action – TIRZ Park Development (Galle)
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