Incentives

Incentives

A variety of community and economic development incentives are

offered by the City of Fairfield to encourage business development.

 

  • Sales Tax Agreements – Section 380 Agreement

The Council may rebate a certain percentage of sales tax

back to an approved retailer for a selected number of years.

 

  • Tax Abatement

The City Council may elect to abate all or a portion of ad valorem taxes.

 

  • Construction Materials Sales Tax Reimbursement

The City of Fairfield may choose to rebate a portion of the sales tax paid to local merchants for building materials supporting new construction or business expansion.

 

  • Infrastructure Improvement

The City Council may assist a business in funding infrastructure improvements necessary for new development or a business expansion.

 

  • Building Facade Improvement

The Council may provide a matching grant to businesses for improvement of their building facade.

 

  • TIF and TIRZ

The City of Fairfield is open to strategic locations for Tax Increment Financing (TIF) and Tax Increment Reinvestment Zone (TIRZ) districts.

 

  • Texas Enterprise Zone Program

The Council may partner with the State of Texas to promote job creation and capital investment in economically distressed areas of the City.

 

  • Building and Utilities Connection Fees

The City Council may elect to reduce application, inspection and permit fees as well as utilities connection fees for certain developments.

 

  • Development Review

The City of Fairfield is committed to an expedited process for development of business in the City.  We support a hassle-free environment with expert plan review and responsive comments to prospective developers and businesses.

 

  • Freeport Tax Exemption

The City of Fairfield has a Freeport exemption ordinance.  Certain businesses may apply for an exemption on goods in transit from personal property tax.

 

  • Workforce Development, Recruitment, Training and Grants

Fairfield will bring strategic partnerships together to assist businesses in recruiting and retaining employees.  Skills Development Grants may be available to offset some of the costs.

 

  • Small Business Focus

The City of Fairfield will commit to provide an environment encouraging the development of new and expansion of existing small businesses.

 

  • Leadership

Fairfield will bring together a coalition of business, civic and community leaders as well as area elected officials to be involved in developing and implementing economic development practices.

 

  • Education

The City of Fairfield will focus on teaching children NOW about the opportunities of tomorrow.

 

  • Housing

The City Council will commit to facilitate construction of additional, quality housing.

 

  • Community Activities

The Council will commit to providing more community activities for youth.

 

 

Contact:  Jeff Looney

Community Development Director

903-389-2633

jeff.looney@fairfieldtexas.net

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