HB 914 Disclosures

The Memorial City District is a small governmental entity whose territory encompasses the Memorial City Mall, the Memorial Hermann Memorial City Healthcare Campus and portions of the area around these two complexes. The District’s primary focus is to leverage public funds with private resources to improve facilities and services, as well as accelerate area improvements with widespread benefit above and beyond the level presently provided by local government or voluntary effort.

The operations of the District are carried out by a non-profit corporation, whose Board acts on behalf of all property owners. The Board Members’ goals are to provide opportunities for property owners in the District to participate in developing a consistent quality of place in Memorial City. The District’s Board is composed of members of Memorial City’s business community as well as neighborhood communities. The day-to-day operations of the District are overseen by the District’s Executive Director.

The Memorial City District focuses its efforts on four areas:

The goals, objectives and priority programs in each of these areas are detailed in a Service and Assessment Plan (Download PDF here) that has been adopted by the Board. Additionally, this plan establishes the financing for these activities. Each commercial property in the District is annually assessed based upon its value as determined by the Harris County Appraisal District and a rate determined by the Board. Each year the Board develops and approves a budget for the operations of the District.