Taxco (täsˈkō) [key], town (1990 pop. 43,836), Guerrero state, S Mexico. Founded in 1529 as a silver-mining community, Taxco was also an important stop between Mexico City and Acapulco in Spanish colonial trade with the Philippines. It achieved real prominence as a mining center under José de la Borda, who after 1717 constructed roads and built the superb colonial church. Clinging to the side of a mountain, Taxco is a splendid example of the Spanish colonial town, with steep, cobbled streets, overhanging grilled balconies, red-tile roofs, and glazed tiles set in white or pastel adobe walls. Modern buildings are prohibited, and colonial monuments are protected by the Mexican government. A famous center of silver smithing, Taxco attracts artists, writers, and tourists. The full name of the city is Taxco de Alarcón.