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HomeMy WebLinkAboutResolution 4585-02-2016 A Resolution NO. 4585-02-2016 NOMINATING THE UNITED PARCEL SERVICE, INC. DISTRIBUTION FACILITY AT 13700 INDEPENDENCE PARKWAY AS AN ENTERPRISE PROJECT PURSUANT TO THE TEXAS ENTERPRISE ZONE ACT, CHAPTER 2303, OF THE TEXAS GOVERNMENT CODE WHEREAS, on November 4, 2003 the City Council of the City of Fort Worth (the "City") previously adopted Ordinance No. 15733 electing to participate in the Texas Enterprise Zone Program; and WHEREAS, on May 12, 2015 the City Council of the City adopted Ordinance No. 21743-05-2015 amending Ordinance No. 15733 by adding additional potential local incentives that could be made available to qualified businesses under the Texas Enterprise Zone Program; and the local incentives available pursuant to this Resolution are the same on this date as were outlined in Ordinance No. 21743-05-2015; and WHEREAS, the Office of the Governor, Economic Development and Tourism (EDC), through the Economic Development Bank (`Bank"), will consider United Parcel Service, Inc. as an enterprise project pursuant to a nomination and an application made by the City; and WHEREAS, the City desires to pursue the creation of the proper economic and social environment in order to induce the investment of private resources in productive business enterprises located in the City and to provide employment to residents of enterprise zones and to other economically disadvantaged individuals; and WHEREAS,pursuant to Chapter 2303, Subchapter F of the Texas Enterprise Zone Act, Texas Government Code (the"Act"), United Parcel Service, Inc. has applied to the City for designation as an enterprise project; and WHEREAS, the City finds United Parcel Service, Inc., meets the criteria for designation as an enterprise project under Chapter 2303, Subchapter F of the Act on the following grounds: 1. United Parcel Service, Inc., is a"qualified business"under Section 2303.402 of the Act since it will be engaged in the active conduct of a trade or business at a qualified business site within the governing body's jurisdiction located outside of an enterprise zone, and at least thirty-five percent (35%) of the business's new or retained employees will be residents of an enterprise zone, economically disadvantaged individuals or veterans; and 2. There has been and will continue to be a high level of cooperation between public, private, and neighborhood entities within the area; and 3. The designation of United Parcel Service, Inc., as an enterprise project will contribute significantly to the achievement of the plans of the City for development and revitalization of the area; and WHEREAS,the City finds that United Parcel Service,Inc., meets the criteria for tax for tax relief and other U WORT incentives adopted by the City and nominates United Parcel Service, Inc. for enterprise project status on the grounds that it is located at the qualified business site and will create a higher level of employment, economic activity and stability in the area; and WHEREAS,the City finds that it is in the best interest of the City to nominate United Parcel Service, Inc., as an enterprise project pursuant to the Act; NOW,THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: 1. THAT the findings of the City and its actions approving this Resolution taken at the Council meeting are hereby approved and adopted. 2. THAT United Parcel Service, Inc. is a "qualified business," as defined in Section 2303.402 of the Act, and meets the criteria for designation as an enterprise project, as set forth in Section 2303, Subchapter F of the Act. 3. THAT the enterprise project shall take effect on the date of designation of the enterprise project by the Bank and terminate five(5)years after the date of designation. Adopted this 2"d day of February, 2016. �1�0a,9L ATTEST: Cl Icy 00,0 00 o d i 0 � NBC By:: Seretay A °¢K�° rMa J. .00 Ay �( $ 0*00009 '� %�RWO City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 2/2/2016 - Resolution ,No. 4585-02-2016 DATE: Tuesday, February 02, 2016 REFERENCE NO.: **G-18657 LOG NAME: 17ED UPSEZ RESOLUTION UPDATE SUBJECT: Adopt Resolution Nominating the United Parcel Service, Inc., Distribution Facility Located at 13700 Independence Parkway as an Enterprise Project, Pursuant to the Texas Enterprise Zone Act, Chapter 2303 of the Texas Government Code (COUNCIL DISTRICT 7) RECOMMENDATION: It is recommended that the City Council adopt the attached resolution nominating the United Parcel Service, Inc., distribution facility located at 13700 Independence Parkway as an Enterprise Project, pursuant to Chapter 2303 of the Texas Government Code. DISCUSSION: The City Council previously adopted Ordinance No. 15733, under which the City has elected to participate in the Texas Enterprise Zone Program. The City Council subsequently amended Ordinance No. 15733 on May 12, 2015 to update the list of potential local incentives that may be provided to a project on a case- by-case basis (Ordinance No. 21743-05-2015, M&C G-18473). On November 3, 2015, the City Council approved M&C G-18598, nominating the United Parcel Service, Inc. (UPS) distribution facility located at 13700 Independence Parkway as an Enterprise Project under the Texas Enterprise Zone Program. However, the State has requested that the City Council adopt a subsequent resolution confirming that the benefits that UPS will receive as a result of the designation are consistent with the City's ordinance. As a result, Staff recommends that the City Council adopt the attached resolution, which adds the language requested by the State in the second Recital. The Office of the Governor Economic Development and Tourism through the Economic Development Bank will consider the UPS distribution facility as an Enterprise Project, pursuant to a nomination and an application made by the City. The Texas Enterprise Zone Program allows the City to pursue its goal of inducing the investment of private resources in productive business enterprises and provide employment to residents of enterprise zones and other economically disadvantaged individuals. This project is located in COUNCIL DISTRICT 7, Mapsco 9P. This M&C does not request approval of a contract with a business entity. FISCAL INFORMATION I CERTIFICATION: The Director of Finance certifies that approval of this Agreement will have no material effect on the Fiscal Year 2016 budget. While no current year impact is anticipated from this action, any effect on expenditures and revenues will be budgeted in future fiscal years and will be included in the long term forecast. Logname: 17ED UPSEZ RESOLUTION UPDATE Page I of 2 FUND IDENTIFIERS (FIDs): TO Fund Department Accoun Project Program ctivity Budget Reference # moun ID ID Year (Chartfield 2) FROM Fund Department ccoun Project Program ctivity Budget Reference # moun ID ID Year (Chartfield 2) CERTIFICATIONS: Submitted for City Manager's Office by: Jesus Chapa (6116) Originating Department Head: Robert Sturns (2122663) Ossana Hermosillo (2122665) Additional Information Contact: Natalie Moore (2122680) Logname: 17ED UPSEZ RESOLUTION UPDATE Page 2 of 2