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HomeMy WebLinkAboutCP 229 r' C1 FO WO , TEXAS 0 11 COUNCIL PROPOSAL Date:June File Number: Subject: Expansion of Polytechnic I Wesleyan NEZ 10,2003 ,.1 Proposed By: Frank Moss City Manager's Review: Page: City Attorney's Review: PAGE 1 OF 3 Proposal It is proposed that the City Council direct the City Staff to schedule an item for the City of Fort Worth M City Council Agenda on June 24,2003 to consider expanding the Polytechnic/Wesleyan Neighborhood Empowerment Zone(NEZ)by 0.0338 square miles. F DISCUSSION: On November 26,2002, City Council approved the creation of the Polytechnic/Wesleyan Neighborhood Empowerment Zone (NEZ)and FWNERZ No.6. It is proposed that the Polytechnic/Wesleyan NEZ be expanded to include the area bounded by Avenue J, Miller Avenue, Avenue N and Coleman Street. The proposed boundary of the expansion area is shown on the attached map (Exhibit A). The proposed expansion will attract major investment to the area and contribute to the economic development of that municipality. The expanded area would include Rising Star Baptist Church. Rising Star Baptist Church is embarking on a $6 million dollar renovation project that will bring in over 10 jobs to the Polytechnic / Wesleyan area. This is an active community partner that will increase the quality of life for residents and generate revenues and jobs for the expanded NEZ. The proposed 0.0338 square mile expansion of the Polytechnic/Wesleyan Neighborhood Empowerment Zone(NEZ)meets the criteria for designation because: • The 0.0338 square mile expansion would increase the overall Polytechnic / Wesleyan NEZ area from 1.46 square miles to 1.49 square miles,which is lower than the 1.5 square mile limit set for NEZ's. • The proposed expansion is 100 % within the Central City and Community Development Block Grant-eligible area. The Polytechnic/Wesleyan NEZ is located in COUNCIL DISTRICTS 5 and 8. • The new expansion has clear boundaries that increase the NEZ by 0.0338 square miles. 1 LEGALITY ❑ FISCAL NOTE ❑ CITY MANAGER'S COMMENTS 0 CITY POLICIES MANUAL TE C1T FO WO , XAS U ❑� COUNCIL PROPOSAL Date:June File Number: Subject: Expansion of Polytechnic/Wesleyan NEZ 10,2003 aQLq Proposed By: Frank Moss City Manager's Review: Page: City Attorney's Review: PAGE 2 OF 3 • 1990 Census data estimates that the population of the Polytechnic / Wesleyan area was 7,487. 2000 Census data estimates that the population of the proposed expanded Polytechnic/Wesleyan NEZ would be 8,589 people. LEGALITY: The Department of Law finds that this proposal is legal and that it is within the authority of the City Council. FISCAL NOTE: The Finance Director certifies that the approval will not require the appropriation of additional funds at this time. CITY MANAGER'S CONE LENT: It is estimated that approval of the designation of the expanded area as a NEZ would/could result in waiver of the following fees: * Building fees $3,200. * Impact fees If no new water/sewer taps are required 0. If new 4"water tap is required $14,000. * Potential variances(if needed) $500. * Platting fee(if needed) $250. * Vacation of any utility easements(if needed) $300. ❑ LEGALITY ❑ FISCAL NOTE ❑ CITY MANAGER'S COMMENTS ❑ CITY POLICIES MANUAL CIT FO wo TEXAS ❑ a o. COUNCIL PROPOSAL Date:June File Number: Subject: Expansion of Polytechnic I Wesleyan NEZ a 10,2003 Proposed By: Frank Moss City Manager's Review: J, Page: City Attorney's Review: PAGE 3 OF 3 Councilmembe Sponso C uncil}nnember - qso APPROVED CITY COUNG . JUN 10 2003 Ciry Secretary of tha City of'Fort_Worth,Tazas 1 LEGALITY ❑ FISCAL NOTE ❑ CITY MANAGER'S COMMENTS ❑ CITY POLICIES MANUAL