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State economic development law, known as Tax Increment Reinvestment Zone, has led to creation of $88.3 million Bert Ogden Arena in Edinburg

State economic development law, known as Tax Increment Reinvestment Zone, has led to creation of .3 million Bert Ogden Arena in Edinburg

Featured: When then-Mayor Richard García in February 2015 hosted the groundbreaking for Bert Ogden Arena, he used a state economic development law, known as a Tax Increment Reinvestment Zone (TIRZ), to help fund the state-of-the-art indoor entertainment and sports complex. Three-and-a-half years later, a new mayor – Richard Molina – is singing the praises of the city-owned, $88.3 million Bert Ogden Arena, which launched its inaugural festivities, including an open house and ribbon-cutting ceremony on Sunday, August 26 and Monday, August 27, 2018, respectively.

Photograph Courtesy BERT OGDEN ARENA

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