HomeMy WebLinkAboutContract 29177 CITY SECRET° q�
CONTRACT o.y
TAX ABATEMENT AGREEMENT FOR PROPERTY LOCATED IN A
NEIGHBORHOOD EMPOWERMENT ZONE
This TAX ABATEMENT AGREEMENT ("Agreement") is entered into by and
between the CITY OF FORT WORTH, TEXAS (the "City"), a home rule municipal
corporation organized under the laws of the State of Texas and acting by and through Reid
Rector, its duly authorized Assistant City Manager, and Near Southeast Community
Development Corporation (NSECDC) ("Owner"), a Texas corporation, acting by and through
Greg Morton, its duly authorized President.
The City Council of the City of Fort Worth ("City Council") hereby finds and the City
and Owner hereby agree that the following statements are true and correct and constitute the
basis upon which the City and Owner have entered into this Agreement:
A. Chapter 378 of the Texas Local Government Code allows a municipality to create
a Neighborhood Empowerment Zone (NEZ) if the municipality determines that
the creation of the zone would promote:
1. The creation of affordable housing, including manufactured housing in the
zone;
2. An increase in economic development in the zone;
3. An increase in the quality of social services, education, or public safety
provided to residents of the zone; or
4. The rehabilitation of affordable housing in the zone.
B. Chapter 378 of the Texas Local Government Code provides that a municipality
that creates a NEZ, may enter into agreements abating municipal property taxes
on property in the zone.
C. On July 31, 2001, the City adopted basic incentives for property owners who own
property located in a NEZ, stating that the City elects to be eligible to participate
in tax abatement and including guidelines and criteria governing tax abatement
agreements entered into between the City and various third parties, titled "NEZ
Basic Incentives" ("NEZ Incentives"), these are readopted on April 22, 2003 and
May 27, 2003. The May 27, 2003 NEZ Incentives are attached hereto as Exhibit
"A" and hereby made a part of this Agreement for all purposes.
D. The NEZ Incentives contains appropriate guidelines and criteria governing tax
abatement agreements to be entered into by the City as contemplated by Chapter
312 of the Texas Tax Code, as amended (the "Code").
E. On November 19, 2002, the Fort Worth City Council adopted Ordinance No.
15337 (the "Ordinance") establishing "Neighborhood Empowerment
Reinvestment Zone No. 4," City of Fort Worth, Texas (the "Zone").
F. Owner owns certain real property located at 1059 E. Hum o t which is entire y
within the Zone and that is more particularly described in Exhibit "B", attacled
hereto and hereby made a part of this Agreement for all purposes (the
"Premises").
G. Owner or its assigns plan to construct the Required Improvements, as defined in
Section 1.1 of this Agreement, on the Premises to be used for as a single-family
residence to be that will be owner occupied. (the"Project").
H. On July 11, 2003, Owner submitted an application for NEZ incentives and for tax
abatement to the City concerning the contemplated use of the Premises (the
"Application"), attached hereto as Exhibit "C" and hereby made a part of this
Agreement for all purposes.
I. The City Council finds that the contemplated use of the Premises, the Required
Improvements, as defined in Section 1.1, and the terms of this Agreement are
consistent with encouraging development of the Zone in accordance with the
purposes for its creation and are in compliance with the NEZ Incentives, the
Resolution and other applicable laws, ordinances, rules and regulations.
J. The City Council finds that the terms of this Agreement, and the Premises and
Required Improvements, satisfy the eligibility criteria of the NEZ Incentives.
K. Written notice that the City intends to enter into this Agreement, along with a
copy of this Agreement, has been furnished in the manner prescribed by the Code
to the presiding officers of the governing bodies of each of the taxing units in
which the Premises is located.
NOW, THEREFORE, the City and Owner, for and in consideration of the terms and
conditions set forth herein, do hereby contract, covenant and agree as follows:
1. OWNER'S COVENANTS.
1.1. Real Property Improvements.
Owner shall repair Owner's home(collectively, the "Required Improvements").
The kind and type of repairs, Required Improvements, are more particularly described in
Exhibit "D". Minor variations, and more substantial variations if approved in writing by
both of the parties to this Agreement, in the Required Improvements from the description
provided in the Application for Tax Abatement shall not constitute an Event of Default,
as defined in Section 4.1.
1.2. Completion Date of Required Improvements.
Owner covenants to substantially complete construction of all of the Required
Improvements within two years from the issuance and receipt of the building permit,
unless delayed because of force majeure, in which case the two years shall be extended
by the number of days comprising the specific force majeurc. For purposes of this
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Agreement, force majeure shall mean an event beyond Owner's reasonable control,
including, without limitation, delays caused by adverse weather, delays in receipt of any
required permits or approvals from any governmental authority, or acts of God, fires,
strikes, national disasters, wars, riots and material or labor restrictions and shortages as
determined by the City of Fort Worth in its sole discretion, which shall not be
unreasonably withheld, but shall not include construction delays caused due to purely
financial matters, such as, without limitation, delays in the obtaining of adequate
financing.
1.3. Use of Premises.
Owner covenants that the Required Improvements shall be constructed and the
Premises shall be sold so that it is continuously used as the primary residence of the
Homebuyer.
2. ABATEMENT AMOUNTS, TERMS AND CONDITIONS.
Subject to and in accordance with this Agreement, the City hereby grants to Owner a real
property tax abatement on the Premises, the Required Improvements, as specifically provided in
this Section 2 ("Abatement"). "Abatement" of real property taxes only includes City of Fort
Worth-imposed taxes and not taxes from other taxing entities.
2.1. Amount of Abatement.
The actual amount of the Abatement granted under this Agreement shall be
based upon the increase in value of the Premises over the value on January 1, 2003 the
year in which this Agreement was entered into:
One hundred percent (100%) of the increase in value from the
construction of the Required Improvements.
2.2. Increase in Value
The abatement shall apply only to taxes on the increase in value of the Premises
due to construction of the Required Improvements and shall not apply to taxes on
the land.
2.3 Term of Abatement.
The term of the Abatement (the "Term") shall begin on January 1 of the
year following the calendar year in which the Required Improvement is
completed and the house is sold by the Owner to a homebuyer to use as its
primary residence ("Beginning Date") and, unless sooner terminated as herein
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provided, the Term shall end on the December 31 st immediately preceding their
respective fifth(5th) anniversaries of the beginning date.
2.4. Protests Over Appraisals or Assessments.
Owner shall have the right to protest and contest any or all appraisals or
assessments of the Premises and/or improvements thereon.
2.5. Abatement Application Fee.
The City acknowledges receipt from Owner of the required Abatement
application fee of twenty-five dollars ($25.00).
3. RECORDS, CERTIFICATION AND EVALUATION OF PROJECT.
3.1. Inspection of Premises.
Between the execution date of this Agreement and the last day of the Term, at any
time during construction of the Required Improvements and following reasonable notice
to Owner, the City shall have and Owner shall provide access to the Premises in order for
the City to inspect the Premises and evaluate the Required Improvements to ensure
compliance with the terms and conditions of this Agreement. Owner shall cooperate
fully with the City during any such inspection and/or evaluation.
3.2. Certification
Owner shall certify annually to the City that it is in compliance with each
applicable term of this agreement. The City shall have the right to audit at the City's
expense the financial and business records of Owner that relate to the square footage and
appraised value of the Required Improvements and once the city property taxes are
abated, Owner must provide documentation that the current owner is using the Required
Improvements as its primary residence (collectively, the "Records") at any time during
the Compliance Auditing Term in order to determine compliance with this Agreement
and to calculate the correct percentage of Abatement available to Owner. Owner shall
make all applicable Records available to the City on the Premises or at another location
in the City following reasonable advance notice by the City and shall otherwise cooperate
fully with the City during any audit.
3.3. Provision of Information.
On or before February 1 following the end of every year during the Compliance
Auditing Term and if requested by the City, Owner shall provide information and
documentation for the previous year that addresses Owner's compliance with each of the
terms and conditions of this Agreement for that calendar year.
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Failure to provide all information within the control of Owner required by this Section
3.3 shall constitute an Event of Default, as defined in Section 4.1.
3.4. Determination of Compliance.
On or before August 1 of each year during the Compliance Auditing Term, the
City shall make a decision and rule on the actual annual percentage of Abatement
available to Owner for the following year of the Term and shall notify Owner of such
decision and ruling. The actual percentage of the Abatement granted for a given year of
the Term is therefore based upon Owner's compliance with the terms and conditions of
this Agreement during the previous year of the Compliance Auditing Term.
4. EVENTS OF DEFAULT.
4.1. Defined.
Unless otherwise specified herein, Owner shall be in default of this Agreement if
(i) Owner fails to construct the Required Improvements as defined in Section 1.1; (ii) ad
valorem real property taxes with respect to the Premises or the Project, or its ad valorem
taxes with respect to the tangible personal property located on the Premises, become
delinquent and Owner does not timely and properly follow the legal procedures for
protest and/or contest of any such ad valorem real property or tangible personal property
taxes or(iii) HOME BUYER DOES NOT USE THE PREMISES AS ITS PRIMARY
RESIDENCE ONCE THE ABATEMENT BEGINS (collectively, each an "Event of
Default").
4.2. Notice to Cure.
Subject to Section 5, if the City determines that an Event of Default has occurred,
the City shall provide a written notice to Owner that describes the nature of the Event of
Default. Owner shall have ninety (90) calendar days from the date of receipt of this
written notice to fully cure or have cured the Event of Default. If Owner reasonably
believes that Owner will require additional time to cure the Event of Default, Owner shall
promptly notify the City in writing, in which case (i) after advising the City Council in an
open meeting of Owner's efforts and intent to cure, Owner shall have one hundred eighty
(180) calendar days from the original date of receipt of the written notice, or (ii) if Owner
reasonably believes that Owner will require more than one hundred eighty (180) days to
cure the Event of Default, after advising the City Council in an open meeting of Owner's
efforts and intent to cure, such additional time, if any, as may be offered by the City
Council in its sole discretion.
4.3. Termination for Event of Default and Payment of Liquidated Damages.
If an Event of Default which is defined in Section 4.1 has not been cured within
the time frame specifically allowed under Section 4.2, the City shall have the right to
terminate this Agreement immediately. Owner acknowledges and agrees that an uncured
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Event of Default will (i) harm the City's economic development and redevelopment
efforts on the Premises and in the vicinity of the Premises; (ii) require unplanned and
expensive additional administrative oversight and involvement by the City; and (iii)
otherwise harm the City, and Owner agrees that the amounts of actual damages therefrom
are speculative in nature and will be difficult or impossible to ascertain. Therefore, upon
termination of this Agreement for any Event of Default, Owner shall not be eligible for
the Abatement for the remaining Term and Owner shall pay the City, as liquidated
damages, all taxes that were abated in accordance with this Agreement for each year
when an Event of Default existed and which otherwise would have been paid to the City
in the absence of this Agreement. The City and Owner agree that this amount is a
reasonable approximation of actual damages that the City will incur as a result of an
uncured Event of Default and that this Section 4.3 is intended to provide the City with
compensation for actual damages and is not a penalty. This amount may be recovered by
the City through adjustments made to Owner's ad valorem property tax appraisal by the
appraisal district that has jurisdiction over the Premises. Otherwise, this amount shall be
due, owing and paid to the City within sixty (60) days following the effective date of
termination of this Agreement. In the event that all or any portion of this amount is not
paid to the City within sixty(60) days following the effective date of termination of this
Agreement, Owner shall also be liable for all penalties and interest on any outstanding
amount at the statutorirate for delinquent taxes, as determined by the Code at the time of
the payment of such penalties and interest(currently, Section 33.01 of the Code).
4.4. Termination at Will.
If the City and Owner mutually determine that the development or use of the
Premises or the anticipated Required Improvements are no longer appropriate or feasible,
or that a higher or better use is preferable, the City and Owner may terminate this
Agreement in a written format that is signed by both parties. In this event, (i) if the Term
has commenced, the Term shall expire as of the effective date of the termination of this
Agreement; (ii) there shall be no recapture of any taxes previously abated; and (iii)
neither party shall have any further rights or obligations hereunder.
5. EFFECT OF SALE OF PREMISES.
Except for an assignment to NSECDC's affiliates, NSECDC's mortgagee or to a
homeowner who will use the Required Improvements as its primary residence or the
homeowner's mortgagee which City Council hereby agrees to, the Abatement granted hereunder
shall vest only in Owner and cannot be assigned to a new owner of all or any portion of the
Premises and/or Required Improvements without the prior written consent of the City Council,
which consent shall not be unreasonably withheld provided that (i) the City Council finds that the
proposed assignee is financially capable of meeting the terms and conditions of this Agreement
and (ii) the proposed purchaser agrees in writing to assume all terms and conditions of Owner
under this Agreement. Owner.may not otherwise assign, lease or convey any of its rights under
this Agreement. Any attempted assignment without the City Council's prior consent shall
constitute grounds for termination of this Agreement and the Abatement granted hereunder
following ten (10) calendar days of receipt of written notice from the City to Owner. For the
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purpose of this section, "affiliate" shall mean (i) any entity in which at least 25% of the ownership
consists of individuals, partnerships, trusts, (or their individual partners or beneficiaries) or other
entities included whether by legal title or beneficially, in the present ownership of Owner or (ii)
any entity which has at least a fifty-one percent (51%) ownership interest in Owner or any entity in
which Owner has at least a fifty-one percent(51%)ownership interest.
Upon assignment to a homeowner who will use the Required Improvements as its primary
residence or the homeowner's mortgagee, the NSECDC shall have no further obligations or
duties under this agreement. In addition, upon assignment to any other entity with the
written consent of City Council,NSECDC shall have no further duty or obligation under this
agreement.
In no event shall the abatement term be extended in the event of a subsequent sale or assignment.
6. NOTICES.
All written notices called for or required by this Agreement shall be addressed to
the following, or such other party or address as either party designates in writing, by
certified mail,postage prepaid, or by hand delivery:
City: Owner:
City of Fort Worth - NSECDC
Attn: Housing Dept. P.O. Box 1872
1000 Throclanorton Fort Worth, TX 76101
Fort Worth, TX 76102
7. MISCELLANEOUS.
7.1. Bonds. `
The Required Improvements will not be financed by tax increment bonds. This
Agreement is subject to rights of holders of outstanding bonds of the City.
7.2. Conflicts of Interest.
Neither the Premises nor any of the Required Improvements covered by this
Agreement are owned or leased by any member of the City Council, any member of the
City Planning or Zoning Commission or any member of the governing body of any taxing
units in the Zone.
7.3. Conflicts Between Documents.
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In the event of any conflict between the City's zoning ordinances, or other City
ordinances or regulations, and this Agreement, such ordinances or regulations shall
control. In the event of any conflict between the body of this Agreement and Exhibit
"D", the body of this Agreement shall control.
7.4. Future Application.
A portion or all of the Premises and/or Required Improvements may be eligible
for complete or partial exemption from ad valorem taxes as a result of existing law or
future legislation. This Agreement shall not be construed as evidence that such
exemptions do not apply to the Premises and/or Required Improvements.
7.5. City Council Authorization.
This Agreement was authorized by the City Council through approval of Mayor
and Council Communication No.C 19Ugg on 2003, which, among other
things, authorized the City Manager to execute this Ajgreement on behalf of the City.
7.6. Estoppel Certificate.
Any party hereto may request an estoppel certificate from another party hereto so
long as the certificate is requested in connection with a bona fide business purpose. The
certificate, which if requested will be addressed to the Owner, shall include, but not
necessarily be limited to, statements that this Agreement is in full force and effect
without default (or if an Event of Default exists, the nature of the Event of Default and
curative action taken and/or necessary to effect a cure), the remaining term of this
Agreement, the levels and remaining term of the Abatement in effect, and such other
matters reasonably requested by the party or parties to receive the certificates.
7.7. Owner Standing.
Owner shall be dcemed a proper and necessary party in any litigation questioning
or challenging the validity of this Agreement or any of the underlying laws, ordinances,
resolutions or City Council actions authorizing this Agreement, and Owner shall be
entitled to intervene in any such litigation.
7.8. Venue and Jurisdiction.
This Agreement shall be construed in accordance with the laws of the State of
Texas and applicable ordinances, rules, regulations or policies of the City. Venue for any
action under this Agreement shall lie in the State District Court of Tarrant County, Texas.
This Agreement is performable in Tarrant County, Texas
7.9. Recordation.
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A certified copy of this Agreement in recordable form shall be recorded in the
Deed Records of Tarrant County, Texas.
7.10. Severability.
If any provision of this Agreement is held to be invalid, illegal or unenforceable,
the validity, legality and enforceability of the remaining provisions shall not in any way
be affected or impaired.
7.11. Headings Not Controlling.
Headings and titles used in this Agreement are for reference purposes only and
shall not be deemed a part of this Agreement.
7.12. Entirety of Agreement.
This Agreement, including any exhibits attached hereto and any documents
incorporated herein by reference, contains the entire understanding and agreement
between the City and Owner, their assigns and successors in interest, as to the matters
contained herein. Any prior or contemporaneous oral or written agreement is hereby
declared null and void to the extent in conflict with any provision of this Agreement.
This Agreement shall not be amended unless executed in writing by both parties and
approved by the City Council. This Agreement may be executed in multiple
counterparts, each of which shall be considered an original, but all of which shall
constitute one instrument.
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EXECUTED this day of Q , 2003, by the City of Fort Worth,
Texas.
EXECUTED this_1 day of 2003, by NSECDC
CITY OF FORT WORTH: OWNER: NSECDC
By: /Wed �fi '` By
Reid Rector Greg NlQAWn
Assistant City Manager President
A-
ATTB9T: ATTEST:
By. By:
City Secret
APPROVED S TO FORM AND LEGALITY:
By:
Cynthia arcia
Assistant City Attorney
M & C:
DIM GIAL WON
Urf
FI ` 30H, TEX.
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STATE OF TEXAS §
COUNTY OF TARRANT §
BEFORE ME, the undersigned authority, on this day personally appeared Reid Rector,
Assistant City Manager of the CITY OF FORT WORTH, a municipal corporation, known to me
to be the person and officer whose name is subscribed to the foregoing instrument, and
acknowledged to me that the same was the act of the said CITY OF FORT WORTH, TEXAS, a
municipal corporation, that he was duly authorized to perform the same by appropriate Mayor
and Council Communication of the City Council of the City of Fort Worth and that he executed
the same as the act of the said City for the purposes and consideration therein expressed and in
the capacity therein stated.
GIVEN UNDER MY HAND AND SEAL OF OFFICE this i9day of
� 2
12003.
Notary Public in and for
the State of Texas
,cc
Notary's Printed Name
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STATE OF TEXAS §
COUNTY OF TARRANT §
BEFORE ME, the undersigned authority, on this day personally appeared Greg Morton,
NSECDC's President, known to me to be the person whose name is subscribed to the foregoing
instrument, and acknowledged to me that he executed the same for the purposes and consideration
therein expressed,in the capacity therein stated and as the act and deed of NSECDC.
GIVEN UNDER MY HAND AND SEAL OF OFFICE this day
of 2003.
``4'wyW
Notary P C ,State of Terms
r� (11miss1on�n
the State oPTIxas December 20.2006
Notary's Printed Nam
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Exhibit A: NEZ Incentives
Exhibit B: Property Description
Exhibit C: Application: (NEZ) Incentives and Tax Abatement
Exhibit D: Project description including kind, number and location of the proposed
improvements.
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FXf-t113J
CITY OF FORT WORTH
NEIGHBORHOOD EMPOWERMENT ZONE (NEZ) TAX ABATEMENT POLICY AND BASIC
INCENTIVES
I. GENERAL PURPOSE AND OBJECTIVES
Chapter 378 of the Texas Local Government Code allows a municipality to create a
Neighborhood Empowerment Zone (NEZ) when a "...municipality determines that the creation
of the zone would promote:
(1) the creation of affordable housing, including manufactured housing, in the zone;
(2) an increase in economic development in the zone;
(3) an increase in the quality of social services, education, or public safety provided to
residents of the zone; or
(4) the rehabilitation of affordable housing in the zone."
The City, by adopting the following NEZ Tax Abatement Policy and Basic Incentives, will
promote affordable housing and economic development in Neighborhood Empowerment Zones.
NEZ incentives will not be granted after the NEZ expires as defined in the resolution designating
the NEZ. For each NEZ, the City Council may approve additional terms and incentives as
permitted by Chapter 378 of the Texas Local Government Code or by City Council resolution.
However, any tax abatement awarded before the expiration of a NEZ shall carry its full term
according to its tax abatement agreement approved by the City Council.
As mandated by state law, the property tax abatement under this policy applies to the owners of
real property. Nothing in the policy shall be construed as an obligation by the City of Fort Worth
to approve any tax abatement application.
II. DEFINITIONS
"Abatement" means the full or partial exemption from City of Fort Worth ad valorem taxes on
eligible properties for a period of up to 10 years and an amount of up to 100% of the increase in
appraised value (as reflected on the certified tax roll of the appropriate county appraisal district)
resulting from improvements begun after the execution of the tax abatement agreement.
Eligible properties must be located in the NEZ.
"Base Value"is the value of the property, excluding land, as determined by the Tarrant County
Appraisal District, during the year rehabilitation occurs.
"Building Standards Commission" is the commission created under Sec. 7-77, Article IV.
Minimum Building Standards Code of the Fort Worth City Code.
"Capital Investment" includes only real property improvements such as new facilities and
structures, site improvements; facility expansion, and facility modernization. Capital Investment
does NOT include land acquisition costs and/or any existing improvements, or personal property
(such as machinery, equipment, and/or supplies and inventory).
Draft May 27, 2003 1
"City of Fort Worth Tax Abatement Policy Statement"means the policy adopted by City Council
on February 29, 2000.
"Commercial/Industrial Development Project" is a development project which proposes to
construct or rehabilitate commercial/industrial facilities on property that is (or meets the
requirements to be) zoned commercial, industrial or mixed use as defined by the City of Fort
Worth Zoning Ordinance.
"Community Facility Development Project"is a development project which proposes to construct
or rehabilitate community facilities on property that allows such use as defined by the City of
Fort Worth Zoning Ordinance.
"Eligible Rehabilitation" includes only physical improvements to real property. Eligible
Rehabilitation does NOT include personal property (such as furniture, appliances, equipment,
and/or supplies).
"Gross Floor Area" is measured by taking the outside dimensions of the building at each floor
level, except that portion of the basement used only for utilities or storage, and any areas within
the building used for off-street parking.
"Minimum Building Standards Code"is Article IV of the Fort Worth City Code adopted pursuant
to Texas Local Government Code, Chapters 54 and 214.
"Minority Business Enterprise (MBE)"and "Women Business Enterprise (WBE)"is a minority or
woman owned business that has received certification as either a certified MBE or certified
WBE by either the North Texas Regional Certification Agency (NTRCA) or the Texas
Department of Transportation fTxDot), Highway Division.
"Mixed-Use Development Project" is a development project which proposes to construct or
rehabilitate mixed-use facilities in which residential uses constitute 20 percent or more of the
total gross floor area, and office, eating and entertainment, and/or retail sales and service uses
constitute 10 percent or more of the total gross floor area and is on property that is (or meets
the requirements to be) zoned mixed-use as described by the City of Fort Worth Zoning
Ordinance.
"Multi-family Development Project" is a development project which proposes to construct or
rehabilitate multi-family residential living units on property that is (or meets the requirements to
be) zoned multi-family or mixed use as defined by the City of Fort Worth Zoning Ordinance.
"Project" means a "Residential Project", "Commercial/Industrial Development
Project""Community Facility Development Project" "Mixed-Use Development Project" or a
"Multi-family Development Project."
"Reinvestment Zone" is an area designated as such by the City of Fort Worth in accordance
with the Property Redevelopment and Tax Abatement Act codified in Chapter 312 of the Texas
Tax Code, or an area designated as an enterprise zone pursuant to the Texas Enterprise Zone
Act, codified in Chapter 2303 of the Texas Government Code.
Draft May 27, 2003 2
III. MUNICIPAL PROPERTY TAX ABATEMENTS
A. RESIDENTIAL PROPERTIES LOCATED IN A NEZ
1. For residential property purchased before NEZ designation, a homeowner shall be
eligible to apply fora tax abatement by meeting the following:
a. Property is owner-occupied and the primary residence of the homeowner prior to
the final NEZ designation. Homeowner shall provide proof of ownership by a
warranty deed, affidavit of heirship, or a probated will, and shall show proof of
primary residence by homestead exemption; and
b. Property is rehabilitated after NEZ designation and City Council approval of the
tax abatement.
c. Homeowner must perform Eligible Rehabilitation on the property after NEZ
designation equal to or in excess of 30% of the Base Value of the property; and
d. Property is not in a tax-delinquent status when the abatement application is
submitted.
2. For residential property purchased after NEZ designation, a homeowner shall be
eligible to apply for a tax abatement by meeting the following:
a. Property is constructed or rehabilitated after NEZ designation and City Council
approval of the tax abatement;
b. Property is owner-occupied and is the primary residence of the homeowner.
Homeowner shall provide proof of ownership by a warranty deed, affidavit of
heirship, or a probated will, and shall show proof of primary residence by
homestead exemption;
c. For rehabilitated property, Eligible Rehabilitation costs on the property shall be
equal to or in excess of 30% of the Base Value of the property. The seller or
owner shall provide the City information to support rehabilitation costs;
d. Property is not in a tax-delinquent status when the abatement application is
submitted; and
e. Property is in conformance with the City of Fort Worth Zoning Ordinance.
3. For investor owned single family property, an investor shall be eligible to apply for a
tax abatement by meeting the following:
a. Property is constructed or rehabilitated after NEZ designation and City Council
approval of the tax abatement;
b. For rehabilitated property, Eligible Rehabilitation costs on the property shall be
equal to or in excess of 30% of the Base Value of the property;
c. Property is not in a tax-delinquent status when the abatement application is
submitted; and
d.... Property is in,conformance with the City of.Fort Worth Zoning Ordinance. ..
B. MULTI-FAMILY DEVELOPMENT PROJECTS LOCATED IN A NEZ
1. 100% Abatement for 5 years.
If an applicant applies for a tax abatement agreement with a term of five years or
less, this section shall apply.
Draft May 27, 2003 3
Abatements for multi-family development projects for up to 5 years are subject to
City Council approval. The applicant may apply with the Housing Department for
such abatement.
The applicant must apply for the tax abatement and be approved by City Council
before construction or rehabilitation is started.
In order to be eligible for a property tax abatement upon completion, a newly
constructed or rehabilitated multi-family development project in a NEZ must satisfy
the following:
At least twenty percent (20%) of the total units constructed or rehabilitated shall
be affordable (as defined by the U. S. Department of Housing and Urban
Development) to persons with incomes at or below eighty percent (80%) of area
median income based on family size and such units shall be set aside for
persons at or below 80% of the median income as defined by the U.S.
Department of Housing and Urban Development. City Council may waive or
reduce the 20% affordability requirement on a case-by-case basis; and
(a) For a multi-family development project constructed after NEZ designation, the
project must provide at least five (5) residential living units OR have a
minimum Capital Investment of$200,000; or
(b) For a rehabilitation project, the property must be rehabilitated after NEZ
designation. Eligible Rehabilitation costs on the property shall be at least
30% of the Base Value of the property. Such Eligible Rehabilitation costs
must come from the rehabilitation of at least five (5) residential living units or
a minimum Capital Investment of$200,000.
2. 1%-100% Abatement of City Ad Valorem taxes up to 10 years
If an applicant applies for a tax abatement agreement with a term of more than five
years, this section shall apply.
Abatements for multi-family development projects for up to 10 years are subject to
City Council approval. The applicant may apply with the Housing Department for
such abatement.
The applicant must apply for the tax abatement and be approved by City Council
before construction or rehabilitation is started.
Years 1 through 5 of the Tax Abatement Agreement
__..___._...Multi-family projects.-shall..be.eligible for 1.00%.:abatement.of.City ad..valorem..taxes._
for years one through five of the Tax Abatement Agreement upon the satisfaction of
the following: _
At least twenty percent (20%) of the total units constructed or rehabilitated shall
be affordable (as defined by the U. S. Department of Housing and Urban
Development) to persons with incomes at or below eighty percent (80%) of area
median income based on family size and such units shall be set aside for
persons at or below 80% of the median income as defined by the U.S.
Draft May 27, 2003 4
Department of Housing and Urban Development. City Council may waive or
reduce the 20% affordability requirement on a case-by-case basis; and
a. For a multi-family development project constructed after NEZ designation, the
project must provide at least five (5) residential living units OR have a
minimum Capital Investment of$200,000; or
b. For a rehabilitation project, the property must be rehabilitated after NEZ
designation. Eligible Rehabilitation costs on the property shall be at least
30% of the Base Value of the property. Such Eligible Rehabilitation costs
must come from the rehabilitation of at least five (5) residential living units or
a minimum Capital Investment of$200,000.
Years 6 through 10 of the Tax Abatement Agreement
Multi-family projects shall be eligible for a 1%-100% abatement of City ad valorem
taxes for years six through ten of the Tax Abatement Agreement upon the
satisfaction of the following:
a. At least twenty percent (20%) of the total units constructed or rehabilitated shall
be affordable (as defined by the U. S. Department of Housing and Urban
Development) to persons with incomes at or below eighty percent (80%) of area
median income based on family size and such units shall be set aside for
persons at or below 80% of the median income as defined by the U.S.
Department of Housing and Urban Development. City Council may waive or
reduce the 20% affordability requirement on a case-by-case basis; and
1. For a multi-family development project constructed after NEZ designation, the
project must provide at least five (5) residential living units OR have a
minimum Capital Investment of $200,000; or
2. For a rehabilitation project, the property must be rehabilitated after NEZ
designation. Eligible Rehabilitation costs on the property shall be at least
30% of the Base Value of the property. Such Eligible Rehabilitation costs
must come from the rehabilitation of at least five (5) residential living units or
a minimum -Capital Investment of$200,000.
b. Any other terms as City Council of the City of Fort Worth deems appropriate,
including, but not limited to:
1. utilization of Fort Worth companies for an agreed upon percentage of the total
costs for construction contracts;
2. utilization of certified minority and women owned business enterprises for an
agreed upon percentage of the total costs for construction contracts;
3. property inspection;
4. commit to hire an agreed upon percentage of Fort Worth residents
5. commit to hire an agreed upon percentage of Central City residents
6. landscaping;
7. tenant selection plans; and
8. management plans.
C. COMMERCIAL, INDUSTRIAL AND COMMUNITY FACILITIES DEVELOPMENT
PROJECTS LOCATED IN A NEZ
1. 100% Abatement of City Ad Valorem taxes for 5 Vears
Draft May 27, 2003 5
If an applicant applies for a tax abatement agreement with a term of five years or
less, this section shall apply.
Abatements for Commercial, Industrial and Community Facilities Development
Projects for up to 5 years are subject to City Council approval. The applicant may
apply with the Housing Department for such abatement.
The applicant must apply for the tax abatement and be approved by City Council
before construction or rehabilitation is started.
In order to be eligible for a property tax abatement, a newly constructed or
rehabilitated commercial/industrial and community facilities development project in a
NEZ must satisfy the following:
a. A commercial, industrial or a community facilities development project
constructed after NEZ designation must have a minimum Capital Investment of
$75,000; or
b. For a rehabilitation project, it must be rehabilitated after NEZ designation. Eligible
Rehabilitation costs on the property shall be at least 30% of the Base Value of
the property, or-$75,000, whichever is greater.
2. 1%-100% Abatement of City Ad Valorem taxes up to 10 years
If an applicant applies for a tax abatement agreement with a term of more than five
years, this section shall apply.
Abatements agreements for a Commercial, Industrial and Community Facilities
Development projects for up to 10 years are subject to City Council approval. The
applicant may apply with the Economic and Community Development Department for
such abatement.
The applicant must apply for the tax abatement and be approved by City Council
before construction or rehabilitation is started.
Years 1 through 5 of'the Tax Abatement Agreement
Commercial, Industrial and Community Facilities Development projects shall be
eligible for 100% abatement of City ad valorem taxes for the first five years of the
Tax Abatement Agreement upon the satisfaction of the following:
a. A commercial, industrial or a community facilities development project
constructed after NEZ designation must have a minimum Capital Investment of
b. For a rehabilitation project, it must be rehabilitated after NEZ designation. Eligible
Rehabilitation costs on the property shall be at least 30% of the Base Value of
the property, or$75,000, whichever is greater.
Years 6 through 10 of the Tax Abatement Agreement
Commercial, Industrial and Community Facilities Development projects shall be
eligible for 1%-100% abatement of City ad valorem taxes for years six through ten of
the Tax Abatement Agreement upon the satisfaction of the following:
Draft May 27, 2003 6
a. A commercial, industrial or a community facilities development project
constructed after NEZ designation must have a minimum Capital
Investment of $75,000 and must meet the requirements of subsection (c)
below ; or
b. For a rehabilitation project, it must be rehabilitated after NEZ designation.
Eligible Rehabilitation costs on the property shall be at least 30% of the
Base Value of the property, or $75,000, whichever is greater and meet
the requirements of subsection (c) below.
c. Any other terms as City Council of the City of Fort Worth deems
appropriate, including, but not limited to:
1. utilization of Fort Worth companies for an agreed upon percentage of
the total costs for construction contracts;
2. utilization of certified minority and women owned business enterprises
for an agreed upon percentage of the total costs for construction
contracts;
3. commit to hire an agreed upon percentage of Fort Worth residents;
4. commit to hire an agreed upon percentage of Central City residents;
and
5. landscaping.
D. MIXED-USE DEVELOPMENT PROJECTS LOCATED IN A NEZ
1. 100% Abatement of City Ad Valorem taxes for 5 years
If an applicant applies for a tax abatement agreement with a term of five years or
less, this section shall apply.
Abatements for Mixed-Use Development Projects for up to 5 years are subject to
City Council approval. The applicant may apply with the Housing Department for
such abatement.
The applicant must apply for the tax abatement and be approved by City Council
before construction or rehabilitation is started.
In order to be eligible for a property tax abatement, upon completion, a newly
constructed or rehabilitated mixed-use development project in a NEZ must satisfy the
following:
a. Residential uses in the project constitute 20 percent or more of the total Gross
Floor Area of the project; and
b. Office, eating and entertainment, and/or retail sales and service uses in the
project constitute 10 percent or more of the total Gross Floor Area of the project;
and
(1) A mixed-use development project constructed after NEZ designation must
have a minimum Capital Investment of$200,000; or
(2) For a rehabilitation project, it must be rehabilitated after NEZ designation.
Eligible Rehabilitation costs on the property shall be at least 30% of the Base
Value of the property, or $200,000, whichever is greater.
Draft May 27, 2003 7
2. 1%-100% Abatement of City Ad Valorem taxes up to 10 years
If an applicant applies for a tax abatement agreement with a term of more than five
years, this section shall apply.
Abatements agreements for a Mixed Use Development projects for up to 10 years
are subject to City Council approval. The applicant may apply with the Housing
Department for such abatement.
The applicant must apply for the tax abatement before construction or rehabilitation
is started and the application for the tax abatement must be approved by City
Council.
Years 1 through 5 of the Tax Abatement Agreement
Mixed Use Development projects shall be eligible for 100% abatement of City ad
valorem taxes for the first five years of the Tax Abatement Agreement upon the
satisfaction of the following:
a. Residential uses in the project constitute 20 percent or more of the total Gross
Floor Area of the project; and
b. Office, eating and entertainment, and/or retail sales and service uses in the
project constitute 10 percent or more of the total Gross Floor Area of the project;
and
c. A new mixed-use development project constructed after NEZ designation must
have a minimum Capital Investment of $200,000; or for a rehabilitation project, it
must be rehabilitated after NEZ designation. Eligible Rehabilitation costs on the
property shall be at least 30% of the Base Value of the property, or $200,000,
whichever is greater.
Years 6 through 10 of the Tax Abatement Agreement
Mixed Use Development projects shall be eligible for 1-100% abatement of City ad
valorem taxes for years six through ten of the Tax Abatement Agreement upon the
satisfaction of the following:
a. Residential uses in the project constitute 20 percent or more of the total Gross
Floor Area of the project; and
b. Office, eating and entertainment, and/or retail sales and service uses in the
project constitute 10 percent or more of the total Gross Floor Area of the project;
c. A new mixed-use development project constructed after NEZ designation must
have a minimum Capital Investment of $200,000; or for a rehabilitation project, it
must be rehabilitated after NEZ designation. Eligible Rehabilitation costs on the
property shall be at least 30% of the Base Value of the property, or $200,000,
whichever is greater; and
d. Any other terms as City Council of the City of Fort Worth deems appropriate,
including, but not limited to:
Draft May 27, 2003 8
1. utilization of Fort Worth companies for an agreed upon percentage of the
total costs for construction contracts;
2. utilization of certified minority and women owned business enterprises for
an agreed upon percentage of the total costs for construction contracts;
3. property inspection;
4. commit to hire an agreed upon percentage of Fort Worth residents
5. commit to hire an agreed upon percentage of Central City residents
6. landscaping;
7. tenant selection plans; and
8. management plans.
E. ABATEMENT GUIDELINES
1. If a NEZ is located in a Tax Increment Financing District, City Council will determine
on a case-by-case basis if the tax abatement incentives in Section III will be offered
to eligible Projects. Eligible Projects must meet all eligibility requirements specified
in Section III.
2. If a Project is located in the Woodhaven Neighborhood Empowerment Zone, in order
to be considered "eligible" to apply for a tax abatement under this Policy, the
Woodhaven Community Development Corporation and the Woodhaven
Neighborhood Association must have submitted a letter of support for the Project to
the City of Fort Worth
3. In order to be eligible to apply for a tax abatement, the property owner/developer
must:
a. Not be delinquent in paying property taxes for any property owned by the
owner/developer ; and
b. Not have any City of Fort Worth liens filed against any property owned by the
applicant property owner/developer. "Liens" include, but are not limited to, weed
liens, demolition liens, board-up/open structure liens and paving liens.
4. Projects to be constructed on property to be purchased under a contract for deed are
not eligible for tax abatements.
5. Once a NEZ property owner of a residential property (including multi-family) in the
NEZ satisfies the criteria set forth in Sections III.A, E.1. and E.2. and applies for an
abatement, a property owner may enter into a tax abatement agreement with the City
of Fort Worth. The tax abatement agreement shall automatically terminate if the
property subject to the tax abatement agreement is in violation of the City of Fort
Worth's Minimum Building Standards Code and the owner is convicted of such
._. . _ violation.
6. A tax abatement granted under the criteria set forth in Section III. can only be
granted once for a property in a NEZ for a maximum term of as specified in the
agreement. If a property on which tax is being abated is sold, the City will assign the
tax abatement agreement for the remaining term once the new owner submits an
application.
Draft May 27, 2003 9
7. A property owner/developer of a multifamily development, commercial, industrial,
community facilities and mixed-use development project in the NEZ who desires a
tax abatement under Sections 111.13, C or D must:
a. Satisfy the criteria set forth in Sections III.B, C or D, as applicable, and Sections
III.E.1 E.2; and E3. and
b. File an application with the Housing Department, as applicable; and
c. The property owner must enter into a tax abatement agreement with the City of
Fort Worth. In addition to the other terms of agreement, the tax abatement
agreement shall provide that the agreement shall automatically terminate if the
owner receives one conviction of a violation of the City of Fort Worth's Minimum
Building Standards Code regarding the property subject to the abatement
agreement during the term of the tax abatement agreement; and
d. If a property in the NEZ on which tax is being abated is sold, the new owner may
enter into a tax-abatement agreement on the property for the remaining term.
8. If the terms of the tax abatement agreement are not met, the City Council has the
right to cancel or amend the abatement agreement. In the event of cancellation, the
recapture of abated taxes shall be limited to the year(s) in which the default occurred
or continued.
9. The terms of the agreement shall include the City of Fort Worth's right to: (1) review
and verify the applicant's financial statements in each year during the life of the
agreement prior to granting a tax abatement in any given year, (2) conduct an on site
inspection of the project in each year during the life of the abatement to verify
compliance with the terms of the tax abatement agreement, (3) terminate the
agreement if the Project contains or will contain a sexually oriented business (4
terminate the agreement, as determined in City's sole discretion, if the Project
contains or will contain a liquor store or package store.
10. Upon completion of construction of the facilities, the City shall no less than annually
evaluate each project receiving abatement to insure compliance with the terms of the
agreement. Any incidents of non-compliance will be reported to the City Council.
On or before February 1st of every year during the life of the agreement, any
individual or entity receiving a tax abatement from the City of Fort Worth shall
provide information and documentation which details the property owner's
compliance with the terms of the respective agreement and shall certify that the
owner is in compliance with each applicable term of the agreement. Failure to report
this information and to provide the required certification by the above deadline shall
result in cancellation of agreement and any taxes abated in the prior year being due
and payable.
11. If a property in the NEZ on which tax is being abated is sold, the new owner may
enter into a tax abatement agreement on the property for the remaining term. Any
sale, assignment or lease of the property which is not permitted in the tax abatement
agreement results in cancellation of the agreement and recapture of any taxes
abated after the date on which an unspecified assignment occurred.
F. APPLICATION FEE
Draft May 27, 2003 10
1. The application fee for residential tax abatements governed under Section III.A is
$25.
2. The application fee for multi-family, commercial, industrial, community facilities and
mixed-use development projects governed under Sections III.B., C. and D., is one-
half of one percent (0.5%) of the proposed Project's Capital Investment, not to
exceed $1,000. The application fee will be refunded upon issuance of certificate of
final occupancy and once the property owner enters into a tax abatement agreement
with the City. Otherwise, the Application Fee shall not be credited or refunded to any
party for any reason.
IV. FEE WAIVERS
A. ELIGIBLE RECIPIENTS/PROPERTIES
1. City Council shall determine on a case-by-case basis whether a Project that will
contain or contains a liquor store or package store is eligible to apply for a fee
waiver.
2. If a Project is located in the Woodhaven Neighborhood Empowerment Zone, in order
to be considered "eligible" to apply for a fee waiver under this Policy, the Woodhaven
Community Development Corporation and the Woodhaven Neighborhood
Association must have submitted a letter of support for the Project to the City of Fort
Worth.
3. Projects to be constructed on property to be purchased under a contract for deed are
not eligible for development fee waivers.
4. In order for a property owner/developer to be eligible to apply for fee waivers for a
Project, the property owner/developer:
a. must submit an application to the City;
b. must not be delinquent in paying property taxes for any property owned by the
owner/developer or applicant;
c. must not have any City liens filed against any property owned by the applicant
property owner/developer, including but not limited to, weed liens, demolition
liens, board-up/open structure liens and paving liens; and
d. of a Project that will contain or contains a liquor store, package store or a sexually
oriented business has received City Council's determination that the Project is
eligible to apply for fee waivers.
Approval. of..the._application and waiver of the fees shall.. not..be_ deemed to be _.
approval of any aspect of the Project. Before construction, the applicant must
ensure that the project is located in the correct zoning district.
B. DEVELOPMENT FEES
Once the Application for NEZ Incentives has been approved and certified by the City, the
following fees for services performed by the City of Fort Worth for Projects in the NEZ
Draft May 27, 2003 11
are waived for new construction projects or rehabilitation projects that expend at least
30% of the Base Value of the property on Eligible Rehabilitation costs:
1. All building permit related fees (including Plans Review and Inspections)
2. Plat application fee (including concept plan, preliminary plat, final plat, short form
replat)
3. Board of Adjustment application fee
4. Demolition fee -
5. Structure moving fee
6. Community Facilities Agreement (CFA) application fee
7. Zoning application fee
8. Street and utility easement vacation application fee
Other development related fees not specified above will be considered for approval by
City Council on a case-by-case basis.
C. IMPACT FEES
1. Single family and multi-family residential development projects in the NEZ.
Automatic 100%waiver of water and wastewater impact fees will be applied.
2. Commercial, industrial, mixed-use, or community facility development projects in the
NEZ.
a. Automatic 100% waiver of water and wastewater impact fees up to $55,000 or
equivalent to two 6-inch meters for each commercial, industrial, mixed-use or
community facility development project.
b. If the project requests an impact fee waiver exceeding $55,000 or requesting a
waiver for larger and/or more than two 6-inch meter, then City Council approval is
required. Applicant may request the additional amount of impact fee waiver
through the Housing Department.
V. RELEASE OF CITY LIENS
A. ELIGIBLE RECIPIENTS/PROPERTIES
1. City Council shall determine on a case-by-case basis whether a Project that will
contain or contains a liquor store or package store is eligible to apply for a fee
waiver.
2. If a Project is located in the Woodhaven Neighborhood Empowerment Zone, in order
to be considered "eligible" to apply for release of city liens under this Policy, the
Woodhaven Community Development Corporation and the Woodhaven
Neighborhood Association must have submitted a letter of support for the Project to
the City of Fort Worth.
3. Projects to be constructed on property to be purchased under a contract for deed are
not eligible for any release of City Liens.
Draft May 27, 2003 12
4. In order for a property owner/developer to be eligible to apply for a release of city
liens contained in Section V.B., C., D., and E. for a Project, the property
owner/developer:
a. must submit an application to the City;
b. must not be delinquent in paying property taxes for any property owned by the
owner/developer;
b. must not have been subject to a Building Standards Commission's Order of
Demolition where the property was demolished within the last five (5) years;
c. must not have any City of Fort Worth liens filed against any other property owned
by the applicant property owner/developer. "Liens" includes, but is not limited to,
weed liens, demolition liens, board-up/open structure liens and paving liens; and
d. of a Project that-contains or will contain a liquor store, package store or a sexually
oriented business has received City Council's determination the Project is eligible
to apply for release of City liens.
B. WEED LIENS
The following are eligible to apply for release of weed liens:
1. Single unit owners performing rehabilitation on their properties.
2. Builders or developers constructing new homes on vacant lots.
3. Owners performing rehabilitation on multi-family, commercial, industrial, mixed-use,
or community facility properties.
4. Developers constructing new multi-family, commercial, industrial, mixed-use or
community facility development projects.
C. DEMOLITION LIENS
Builders or developers..developing or rehabilitating a property for a Project are eligible to
apply for release of demolition liens for up to $30,000. Releases of demolition liens in
excess of $30,000 are subject to City Council approval.
D. BOARD-UP/OPEN STRUCTURE LIENS
The following are eligible to apply for release of board-up/open structure liens:
1. Single unit owners performing rehabilitation on their properties.
2. Builders or developers constructing new single family homes on vacant lots.
3. Owners performing rehabilitation on multi-family, commercial, industrial, mixed-use,
or community facility properties.
4. Developers constructing multi-family, commercial, industrial, mixed-use, or
community facility projects.
E. PAVING LIENS
The following are eligible to apply for release of paving liens:
1. Single unit owners performing rehabilitation on their properties.
2. Builders or developers constructing new homes on vacant lots.
Draft May 27, 2003 13
3. Owners performing rehabilitation on multi-family, commercial, industrial, mixed-use,
or community facility properties.
4. Developers constructing multi-family, commercial, industrial, mixed-use, or
community facility projects.
VI. PROCEDURAL STEPS
A. APPLICATION SUBMISSION
1. The applicant for NEZ incentives under Sections III. IV., and V. must complete and
submit a City of Fort Worth "Application for NEZ Incentives" and pay the appropriate
application fee to the Housing Department, as applicable.
2. The applicant for incentives under Sections III.C.2 and D.2 must also complete and
submit a City of Fort Worth "Application for Tax Abatement" and pay the appropriate
application fee to the Economic Development Office. The application fee, review,
evaluation and approval will be governed by City of Fort Worth Tax Abatement Policy
Statement for Qualifying Development Projects.
B. CERTIFICATIONS FOR APPLICATIONS UNDER SECTIONS III. IV, AND V
1. The Housing Department will review the application for accuracy and
completeness. Once the Housing Department determines that the application is
complete, the Housing Department will certify the property owner/developer's
eligibility to receive tax abatements and/or basic incentives based on the criteria set
forth in Section Ill., IV., and V. of this policy, as applicable. Once an applicant's
eligibility is certified, the Housing Department will inform appropriate departments
administering the incentives. An orientation meeting with City departments and the
applicant may be scheduled. The departments include:
a. Housing Department: property tax abatement for residential properties and multi-
family development projects, release of City liens.
b. Economic Development Office: property tax abatement for commercial,
industrial, community facilities or mixed-use development projects.
c. Development Department: development fee waivers.
d. Water Department: impact fee waivers.
e. Other appropriate departments, if applicable.
2. Once Development Department, Water Department, Economic Development Office,
and/or other appropriate department receive a certified application from the Housing
Department, each department/office shall fill out a "Verification of NEZ Incentives for
Certified NEZ Incentives Application" and return it to the Housing Department for
record keeping�and_trackinq,
C. APPLICATION REVIEW AND EVALUATION FOR APPLICATIONS
1. Property Tax Abatement for Residential Properties and Multi-family Development
Projects
Draft May 27, 2003 14
a. For a completed and certified application for no more than five years of tax
abatement, with Council approval, the City Manager shall execute a tax
abatement agreement with the applicant.
b. For a completed and certified multi-family development project application for
more than five years of tax abatement:
(1) The Housing Department will evaluate a completed and certified application
based on:
(a) The project's increase in the value of the tax base.
(b) Costs to the City (such as infrastructure participation, etc.).
(c) Percent of construction contracts committed to:
(i) Fort Worth based firms, and
(ii) Minority and Women Owned Business Enterprises (M/WBEs).
(d) Other items which the City and the applicant may negotiate.
(2) Consideration by Council Committee.
Based upon the outcome of the evaluation, Housing Department may present
the application to the City Council's Economic Development Committee.
Should the Housing Department present the application to the Economic
Development Committee, the Committee will consider the application at an
open meeting. The Committee may:
(a) Approve the application. Staff will then incorporate the application into a
tax abatement agreement which will be sent to the City Council with the
Committee's recommendation to approve the agreement; or
(b) Request modifications to the application. Housing Department staff will
discuss the suggested modifications with the applicant and then, if the
requested modifications are made, resubmit the modified application to
the Committee for consideration; or
(c) Deny the application. The applicant may appeal the Committee's finding
by requesting the City Council to: (a) disregard the Committee's finding
and (b) instruct city staff to incorporate the application into a tax
abatement agreement for future consideration by the City Council.
(3) Consideration by the City Council
The City Council retains sole authority to approve or deny any tax abatement
agreement and is under no obligation to approve any tax abatement
application or tax abatement agreement. The City of Fort Worth is under no
obligation to provide tax abatement in any amount or value to any applicant.
c. Effective Date for Approved Agreements
All tax abatements approved by the City Council will become effective on
January 1 of..the year following the year in which a Certificate-of-Occupancy (CO)
is issued for the qualifying development project (unless otherwise specified in the
tax abatement agreement). Unless otherwise specified in the .agreement, taxes
levied during the construction of the project shall be due and payable.
2. Property Tax Abatement for Commercial, Industrial, Community Facilities, and
Mixed-Use Development Projects
Draft May 27, 2003 15
a. For a completed and certified application for no more than five years of tax
abatement, with Council approval, the City Manager shall execute a tax
abatement agreement with the applicant.
b. For a completed and certified application for more than five years of tax
abatement:
(1) The Economic Development Office will evaluate a completed and certified
application based on:
(a) The project's increase in the value of the tax base.
(b) Costs to the City (such as infrastructure participation, etc.).
(c) Percent of construction contracts committed to:
(i) Fort Worth based firms, and
(ii) Minority and Women owned Business Enterprises (MMBEs).
(d) Other items which the City and the applicant may negotiate.
(2) Consideration by Council Committee
Based upon the outcome of the evaluation, the Economic Development
Office may present the application to the City Council's Economic
Development Committee. Should the Economic Development Office present
the application to the Economic Development Committee, the Committee will
consider the application at an open meeting. The Committee may:
(a) Approve the application. Staff will then incorporate the application into a
tax abatement agreement which will be sent to the City Council with the
Committee's recommendation to approve the agreement; or
(b) Request modifications to the application. Economic Development Office
staff will discuss the suggested modifications with the applicant and then,
if the requested modifications are made, resubmit the modified application
to the Committee for consideration; or
(c) Deny the application. The applicant may appeal the Committee's finding
by requesting the City Council to: (a) disregard the Committee's finding
and (b) instruct city staff to incorporate the application into a tax
abatement agreement for future consideration by the City Council.
(3) Consideration by the City Council
The City Council retains sole authority to approve or deny any tax abatement
agreement and is under no obligation to approve any tax abatement
application or tax abatement agreement. The City of Fort Worth is under no
obligation to provide tax abatement in any amount or value to any applicant.
c. Effective Date for Approved Agreements
.approved—by_._the
City—Council- OIL_be mP,_ effedv� orL�
January 1 of the year following the year in which a Certificate of Occupancy (CO)
is issued for the qualifying development project (unless otherwise specified in the
tax abatement agreement). Unless otherwise specified in the agreement, taxes
levied during the construction of the project shall be due and payable.
3. Development Fee Waivers
Draft May 27, 2003 16
a. For certified applications of development fee waivers that do not require Council
approval, the Development Department will review the certified applicant's
application and grant appropriate incentives.
b. For certified applications of development fee waivers that require Council
approval, City staff will review the certified applicant's application and make
appropriate recommendations to the City Council.
4. Impact Fee Waiver
a. For certified applications of impact fee waivers that do not require Council
approval, the Water Department will review the certified applicant's application
and grant appropriate incentives.
b. For certified applications of impact fee waivers that require Council approval, the
Water Department will review the certified applicant's application and make
appropriate recommendations to the City Council.
5. Release of City Liens
For certified applications of release of City liens, the Housing Department will release
the appropriate liens.
VII. OTHER INCENTIVES
A. Plan reviews of proposed development projects in the NEZ will be expedited by the
Development Department.
B. The City Council may add the following incentives to a NEZ in the Resolution adopting
the NEZ:
1. Municipal sales tax refund
2. Homebuyers assistance
3. Gap financing
4. Land assembly
5. Conveyance of tax foreclosure properties
6. Infrastructure improvements
7. Support for Low Income Housing Tax Credit (LIHTC) applications
8. Land use incentives and zoning/building code exemptions, e.g., mixed-use, density
bonus, parking exemption
9. Tax Increment Financing (TIF)
10. Public Improvement District (PID)
11. Tax-exempt bond financing
12. New Model Blocks
13. Loan guarantees
14. Equity investments
15. Other incentives that will effectuate the intent and purposes of NEZ.
VIII. Ineligible Projects
The following Projects or Businesses shall not be eligible for any incentives under the City' of
Draft May 27, 2003 17
Fort Worth's Neighborhood Empowerment Zone (NEZ) Tax Abatement Policy and Basic
Incentives:
Sexually Oriented Businesses
Draft May 27, 2003 18
1059 E HUMBOLT, BLOCK 2 LOT 10, ZABRISKI ADDITION
EXHIBIT C
FORT WORTH
Application No.
CITY OF FORT WORTH
NEIGHBORHOOD EMPOWERMENT ZONE (NEZ) PROGRAM
PROJECT CERTIFICATION APPLICATION
FORM C FOR DEVELOPMENT PROJECTS
I. APPLICATION CHECK LIST
Please submit the following documentation:
❑ A completed application form
❑ A list of all properties owned by the applicant in Fort Worth
❑ Application fee — cashier's check or money order (For tax abatement applications only.
For multifamily, commercial, industrial, commercial °facilities, and mixed-use tax
abatement applications: 0.5% of the total Capital Investment of the project, not to exceed
$1,000.00; For single family tax abatement applications: $25 per house)
❑ Proof of ownership, such as a warranty deed, affidavit of heirship, or a probated will OR
evidence of site control, such as option to buy
❑ Title abstract of the property(optional)
For Rehabilitation Proiects Only:
❑ A completed set of Rehabilitation (Remodel) Plan and a list of eligible rehabilitation
costs*. (for applications of tax abatements and development fee waivers for rehab
projects only)
* Eligible rehabilitation includes only physical improvements to real property. It does NOT include personal
property such as furniture, appliances, equipment, and/or supplies. Total eligible rehabilitation costs shall equal
to or exceed 30% of the Tarrant Appraisal District (TAD) appraised value of the structure during the year
rehabilitation occurs.
YOU MUST APPLY FOR TAX ABATEMENT BEFORE ANY BUILDING PERMITS ARE ISSUED FOR
YOUR PROPERTY.
II. APPLICANT/AGENT INFORMATION t 1211�/ Lt e i i S
1. Applicant: /Y r-6oa msf �(� 2. Contact Person: Ld�Nt�/�
3. Address: %)[„ t7YI-1- ( -7h
treet City /State Zip
4. Phone no.: S f(� '� Go 2 5. Fax No.:6 �I► 7� f _Q �O �1
6. Email:
7. Agent(if any)
8. Address:
Street City State Zip
9. Phone no.: 10. Fax No.:
11. Email:
If you need further information or clarification, please contact Erika Anderson at (817) 392-7507 or
Elizee Michel at(817)392-7336.
1
FORT WORTH
III. PROJECT ELIGIBILITY
1. Please list down the addresses and legal descriptions of the project and other properties your
organization owns in Fort Worth. Attach metes and bounds description if no address or
legal description is available. Attach an exhibit showing the location of the project.
Table 1 Property Ownership
Address Zip Legal Description
Code Subdivision Lot No. Block No.
(Project Location) 7 d
e. AkJq60
• ��'.���—G dial D
(Please attach additional sheets of paper as needed.)
2. For each properties listed in Table 1,please check the boxes below to indicate if:
• there are taxes due; or
• there are City liens; or
• you have been subject to a Building Standards Commission's Order of Demolition where the
property was demolished within the last five years.
Table 2 Property Taxes and Ci Liens
Address Property City Liens on Property
Taxes Weed Board-up/Open Demolition Paving Order of
Due Liens Stucture Liens Liens Liens Demolition
i ' -�, ❑ ❑ ❑ ❑ ❑ ❑
❑ ❑ ❑ ❑ ❑ ❑
❑ ❑ 0 ❑ ❑ ❑
❑ ❑ ❑ ❑ ❑ ❑
❑ ❑ ❑ ❑ ❑ ❑
❑ ❑ ❑ ❑ 0 - 1 ❑
(Please attach additional sheets of paper as needed.)
3. Do you own other properties under other names? ❑ Yes [5;No
If Yes,please specify
4. Does the proposed project conform with City of Fort Worth Zoning? Yes ❑No
If no, what steps are being taken to insure compliance? FUMA u " g Kie4h*C
5. Project Type: El El ® ❑ ❑
Single Multi- Commercial Industrial Community Mixed-Use
Family Family Facilities
2
FORT WORTH
6. Is this a new construction or rehab project?
❑New Construction Dgftehab
7. What is the status of your project?
%In Planning Stage ❑Under Construction ❑ Completed
8. If your project has been completed,when was it completed?
9. How much is the total development cost of your project?� ���aOQ fY1C�1(DfaG �C(�U1511 I��
10. Will the rehabilitation work* equal to at least 30% of the Tarrant Appraisal District
(TAD) assessed value of the structure during the year rehabilitation occurred?
54 Yes ❑No
*Only physical improvements to real property is eligible. DO NOT include personal property such as
furniture, appliances, equipment, and/or supplies.
11. How much is the total square footage of your project? \3&O d) square feet
12.For a single family homeownership, mixed-use, or multi-family development project,please
fill out the number of residential units based on income range of owners or renters in the
following table.
Table 3 Number of Residential Units and Income Range of Owners or Renters
_ `�uinbcr of 1. ,.rccriLLLc
Income RanL'c
> 80%of AMFI**
At or be. ow 80% of AMFI _ , _ �I U) r�
**AMFI:Area Median Family Income. Please see attachment for income and housing payment guidelines.
13. For a multifamily project to be qualified for tax abatement, at least 20% of total units shall
be affordable to families at or below 80% of AMFI. Check the box if you are requesting a
waiver of this requirement. ❑
14. For a commercial,industrial or community facilities project, indicate square footage of
non-residential space.
Commercial Industrial Community Facilities
square feet square feet _ square feet
PLEASE ANSWER QUESTIONS NO.10 TO NO. 12 ONLY IF YOU ARE APPLYING
FOR A TAX ABATEMENT.
15. How much will be your Capital Investment*** on the project? Please use the following
table to provide the details and amount of your Capital Investment (Attached additional
sheets if necessary).
Table 4 Ca ital Investment of the Project
i '
ft
OOY'
® �� ' u,.,dgxhoa .7 O O U f7
., u i_
o�i� fA
3
FORT WORTH
***Capital Investment includes only real property improvements such as new facilities and structures, site
improvements, facility expansion, and facility modernization. Capital Investment DOES NOT include
land acquisition costs and/or any existing improvements, or personal property (such as machinery,
equipment, and/or supplies or inventory).
16. For a commercial,industrial,community facility or mixed-use project, how many
employees will the project generate?
17. For a mixed-use project,please indicate the percentage of all uses in the project in the
following table.
Table 5 Percentage of Uses in a Mixed-Use Project
A
Residential
Office
Eating
Entertainment
Retail sales
Service
IV. INCENTIVES
1. What incentives are you applying for?
Municipal Property Tax Abatements
5 years
❑ More than 5 years
Development Fee Waivers
19 All building permit related fees (including Plans Review and Inspections)
❑ Plat application fee(including concept plan,preliminary plat, final plat, short form replat)
❑ Board of Adjustment application fee
❑ Demolition fee
-❑ Structure moving fee
❑ Community Facilities Agreement(CFA) application fee
Zoning application fee
Street and utility easement vacation application fee
Impact Fee Waivers
❑ Impact fee waiver
Meter Size How many meters?
Release of City Liens
Weed liens
XJ Board up/open structure liens
Demolition liens .
Paving liens
4
FORTWORTH
V. ACKNOWLEDGMENTS
I hereby certify that the information provided is true and accurate to the best of my knowledge. I hereby
acknowledge that I have received a copy of NEZ Basic Incentives,which governs the granting of tax
abatements, fee waivers and release of City liens, and that any VIOLATION of the terms of the NEZ
Basic Incentives or MISREPRESENTATION shall constitute grounds for rejection of an application or
termination of incentives at the discretion of the City.
I understand that the approval of fee waivers and other incentives shall not be deemed to be approval of
any aspect of the project. I understand that I am responsible in obtaining required permits and
inspections from the City and in ensuring the project is located in the correct zoning district.
I agree to provide any additional information for determining eligibility as requesteeydr by Ci t�/
Mg 50 u7-#VFS 7-
(TYPED NAME) (AUTHORIZFB SIGNATURE) AT
Please mail,fax or email your application to,:
s,T City of Fort,Worth,Housing.Department
1000,Throckmorton Street,For 02
t Worth,Texas 761
(817)392-7328
Erika.Anderson @fortFvoringov.org
Electronic version of this form is available by request. Please call 817-392-7507 to request a copy. For more
information on the NEZ Program,please visit our web site at www.fortworthgov.org/housing.
For Office Use Only
Application No. In which NEZ? Council District
Application Completed Date(Received Date): Conform with Zoning? ❑ Yes []No
Type? ❑ SF ❑ Multifamily ❑ Commercial ❑ Industrial ❑ Community facilities ❑ Mixed-Use
Construction completion date? ❑ Before NEZ❑ After NEZ Ownership/Site Control ❑ Yes❑No
TAD Account No. Consistent with the NEZ plan? ❑ Yes ❑No
Meet affordability test? ❑ Yes ❑No Minimum Capital Investment? ❑ Yes ❑No
Rehab at or higher than 30%? ❑ Yes ❑No Meet mixed-use definition? ❑ Yes ❑No
Tax current on this property? ❑ Yes ❑No Tax current on other properties? ❑ Yes ❑ No
City liens on this property? City liens on other properties?
• Weed liens ❑ Yes ❑No • Weed liens ❑ Yes ❑No
• Board-up/open structure liens ❑ Yes ❑No • Board-up/open structure liens ❑ Yes ❑No
• Demolition liens ❑ Yes ❑No • Demolition liens ❑ Yes ❑No
• Paving liens ❑ Yes ❑No • Paving liens ❑ Yes ❑No
• Order of demolition ❑ Yes ❑No • Order of demolition ❑ Yes ❑No
Certified? ❑Yes ❑No Certified by Date certification issued?
Tfnnt r.mlified. rPacnn
Referred to: ❑Economic Development ❑Housing ❑Development ❑Water ❑Code ❑TPW
Revised December 31,2002
5
FORT WORTH
ATTACHMENT INCOME AND HOUSING PAYMENT GUIDELINES
Family Size 80% of Median Income* Maximum Housing Payment Affordable
for Individuals or Families at 80% of
Median Income
1 $34,350 $859
2 $39,250 $981
3 $44,150 $1,104
4 $49,050 $1,226
5 $52,900 $1.,323
6 $56,900 $1,423
7 $60,800 $1,520
8 $64,750 $1,619
*Source: 2002 Fort Worth-Arlington PMSA HUD Income Guideline
6
NEAR SOUTHEAST PROPERTIES
Eight Houses
908 Humbolt (Can be commercial, residential or mixed use)
952 Humbolt (Can be commercial, residential)
1059 Humbolt
1100 Humbolt
1100 Pulaski
1205 Leuda
1114 Terrell
1231 Terrell
Twenty-six Vacant lots
908 Cannon
1032 Cannon
1104 Cannon
1110 Cannon
1209 Cannon
1232 Cannon
1005 Evans
1058 Evans
925 Humbolt
958 Humbolt
1201 Humbolt
917 Leuda
1001 Leuda
1005 Leuda
1025 Leuda
1101 Leuda
1228 Leuda
1237 Leuda
1309 Leuda
1128 Terrell
1133 Terrell
1200 Terrell
1000 Verbena
1105 Verbena
1006 Verbena
1200 Verbena
F,*]51 T D
'A�,I HOUSING SPECS BY LOCATION/TRADE
DEVELOPER
•P•R•O •
"* 07/23/2003
Project: 1059HUMBOLT Address: 1059 Humbolt Unit: single family
Location: 1 GENERAL REQUIREMENTS
Spec Unit Total
Number Spec Quantity Units Price Price
Trade: 1 General Requirements
0035.1 VERIFY QUANTITIES/MEASUREMENTS 1.00 GR
All measurements (i.e SF of Drywall, or those
provided w/ drawings) are for the contractors
convenience prior to a mandatory site inspection
to verify all dimensions. All quantities (i.e.number
of window units) are as stated. No claim for
additional funds due to discrepancies in
measurements or quantities shall be honored if
not submitted at the time of the initial proposal.
0036.1 BUILDING PERMIT REQUIRED 1.00 EA
The contractor is responsible for submitting this
owner-prepared work write up to the building
department, applying for, paying for and receiving
a building permit prior to starting any work.
0045.1 CONRACTOR PRE-BID SITE VISIT 1.00 DU
The contractor must inspect the property.
Submission of a bid is presumtive evidence that
the bidder has thoroughly examined the site and is
conversant with the requirements'of the local
jurisdiction.
0050.1 BUILDER'S RISK 1.00 M
Contractor shall provide owner with a certificate of
Builder's Risk Insurance coverage equal to the
structure's replacement value of $_1
000000.00 prior to commencing work.
0053.1 WORKER'S COMP 1.00 GR
The contractor shall purchase, maintain, & provide
certification of worker's comp to the construction
specialist with the following limits: Coverage A -
Provide Statutory Minimum Employers Liability
$500,000 each accident; Coverage B - $500,000
disease per employee. Certificates shall indicate
contingent liability coverage & Owners &
Contractors Protective Liability coverage is in
force.
Page 'I
\I1
HOUSING SPECS BY LOCATION/TRADE
DEVELOPER
•P•R•O •
07/23/2003
Project: 1059HUMBOLT Address: 1059 Humbolt Unit: single family
Location: 1 GENERAL REQUIREMENTS
Spec Unit Total
Number Spec Quantity Units Price Price
Trade: 1 General Requirements
0120.1 FINAL CLEAN 1.00 RM
Remove from site all construction materials, tools
and debris. Sweep clean all exterior work areas.
Vacuum all interior work areas, removing all visible
dust, stains, labels and tags. Clean all windows
referenced in specifications.
Bidder: Total:
If
HOUSING, SPECS BY LOCATION/TRADE
DEVELOPER
m p•R•O.n
07/23/2003
Project: 1059HUMBOLT Address: 1059 Humbolt Unit: single family
Location: 2 Exterior
Spec Unit Total
Number Spec Quantity Units Price Price
Trade: 4 Site Work
0475.1 LANDSCAPING ALLOWANCE 1.00 AL
FLOWERS, PLANTED IN FRONT, SHRUBS ON
SIDES
Trade: 6 Concrete & Paving
0905.1 CONCRETE SLAB--PATCH 60.00 SF
Break up deteriorated slab section. Grade and
compact soil to 95%. Apply a bonding agent per
manufacturers specs on exposed concrete. Pour
a 4", 2200 psi concrete slab to match elevation of
surrounding slab. Float and steel trowel finish.
Trade: 8 Metal Work
1460.1 METAL GUARD RAIL--WROUGHT 25.00 LF
Design, fabricate, prime, topcoat and install a
one-piece steel railing of 2" flat top and bottom
rails and 1/4" balustrades 6" on center.
Trade: 10 Carpentry
2745.1 SIDING--REPAIR CEMENT SHINGLES 100.00 SF
Replace all damaged and missing
asbestos-cement shingles with fiberglass-cement
shingles with matching edge detail. Use
galvanized 6d nails and caulk all seams at
openings and trim.
3150.1 DOOR--EXTERIOR PANELED 3.00 EA
Install a 1=5/8" 4 panel, exterior wood door with
entrance lock set and mortised dead bolt keyed
alike. Include three 3"x4" butt hinges, interlocking
threshold, spring metal weatherstripping, and wide
angle peepsight. Prime and top coat.
HOUSING SPECS BY LOCATION/TRADE
DEVELOPER
•P•R •O -
07/23/2003
Project: 1059HUMBOLT Address: 1059 Humbolt Unit: single family
Location: 2 Exterior
Spec Unit Total
Number Spec Quantity Units Price Price
Trade: 10 Carpentry
3505.1 PORCH CEILING--T&G 60.00 SF
Dispose of damaged ceiling material. Install
tongue and groove stripping, blind nailed to joists.
3875.1 HOUSE NUMBER SET 1.00 EA
Install 3" high metal or PVC house numbers on a
1"x 4" pine backer board painted with 2 coats of
exterior white latex paint.
3885.1 MAILBOX 1.00 EA
Dispose of mailbox and install a steel, black
enamel finish, letter-size mail box with magazine
rack and lock-eye for padlock.
Trade: 15 Roofing
4580.1 TEAR OFF AND REROOF SHINGLES 20.00 SQ
Remove and dispose of all roofing & including
wood shingles. Replace deteriorated lath and
overhang. Install decking, not less than 3/8 CDX
plywood or 7/16 wafterboard. Decking shall be
installed over soffit. Nail 15 lb felt over complete
roof after decking. Install preformed aluminum,
drip edge, and vent pipe boots. Install a 220 lb
fiberglass asphalt, 3 tab shingle with a 25 yr
warranty. Replace all flashing. Roofing shall be
installled with roofing nails (4) per manufacurer's
spec. Remove all debris in attic resulting from roof
redeck. PROTECT INSIDE FROM ELEMENTS
WHILE REPLACING ROOF.
USE T& G FOR OVERHANG BOARDS 2' WIDE
AROUND RIM OF HOUSE
4665.1 SPLASH BLOCK 4.00 EA
Place concrete or plastic splash block at end of
downspout.
Trade: 19 Paint & Wallpaper
AAkkh,
HOUSING SPECS BY LOCATION/TRADE
DEVELOPER
•P-R-O -
07/23/2003
Project: 1059HUMBOLT Address: 1059 Humbolt Unit: single family
Location: 2 Exterior
Spec Unit Total
Number Spec Quantity Units Price Price
Trade: 19 Paint & Wallpaper
5655.1 PREP & PAINT EXTERIOR WOOD 2,074.00 SF
Cover ground with drop cloth. Scrape all loose,
cracked, peeling and blistered paint. Remove all
deteriorated glazing compound. Feather edges
and dull gloss with sandpaper. Dispose of chips
properly. Rinse all surfaces with a hose. Caulk
and fill holes. Reglaze sash where compound is
missing. Spot prime and top coat two colors with
owner's choice of premixed acrylic latex.
Trade: 22 Plumbing
7135.1 HOSE BIBB 2.00 EA
Install a bronze, freeze free hose bibb on outside
of structure with inside shut-off valve and backflow
preventer. Seal exterior penetration with silicone
caulk.
FRONT YARD AND BACK YARD
Trade: 23 Electric
7640.1 WEATHERPROOF RECEPTACLE 2.00 EA
Install a 15 amp, ground fault protected, surface
mounted, weatherproof, PVC or non-ferrous box
and receptacle using #14 copper Romex in EMT.
Receptacle cover shall be permantently connected
to box.
Bidder: Total:
HOUSING SPECS BY LOCATION/TRADE
DEVELOPER
•P•R•O •
07/23/2003
Project: 1059HUMBOLT Address: 1059 Humbolt Unit: single family
Location: 3 ENTRANCEWAY
Spec Unit Total
Number Spec Quantity Units Price Price
Trade: 10 Carpentry
2375.1 FLOOR--OAK T&G 44.00 SF
Prepare floor by renailing deck tightly to joists with
screw shank nails, 8" OC. Install tongue and
groove white or red oak, with moisture content of
6-8% using a flooring nailer. Drum sand edge and
apply one coat of sanding sealer followed by 2
coats of polyurethane floor coating. Install figer-
jointed ranch baseboard and 3/4"oak shoe
molding with finish nails or tee headed brads.
Trade: 17 Drywall & Plaster
5270.1 DRYWALL--1/2" 307.00 SF
Hang, tape and 3 coat finish 1/2" drywall.Screw or
nail 8"on center. Run boards with long dimension
horizontal. Wet sand ready for paint. Texture all
walls and ceiling to conform throughtout house.
Trade: 23 Electric
7740.1 LIGHT FIXTURE AND SWITCH 1.00 EA
Install a ceiling mounted, UL approved, 2 bulb light
fixture ($20 material allowance) controlled by an
ivory switch with a metal cover located at the
strike side of the door. Fish wire and repair all
tear out.
Bidder: Total:
EAA,h'I
DEVELOPER SPECS BY LOCATION/TRADE
07/23/2003
Project: 1059HUMBOLT Address: 1059 Humbolt Unit: single family
Location: 4 LIVING ROOM
Spec Unit Total
Number Spec Quantity Units Price Price
Trade: 10 Carpentry
2375.1 FLOOR--OAK T&G 256.00 SF
Prepare floor by renailing deck tightly to joists with
screw shank nails, 8" OC. Install tongue and
groove white or red oak, with moisture content of
6-8% using a flooring nailer. Drum sand edge and
apply one coat of sanding sealer followed by 2
coats of polyurethane floor coating. Install figer-
jointed ranch baseboard and 3/4"oak shoe
molding with finish nails or tee headed brads.
2795.1 WINDOW REPAIR 6.00 EA
Repair window without replacing sash. Replace
broken and cracked glass with double strength
glass.Remove loose glazing compound and
reglaze.Repair and adjust window to open and
close smoothly,with brass plated lifts and
locks,and sash chains or nylon reinforced
cords.Raise the top sash, secure it in place with
exposed finish nails or screws and caulk.
3380.1 DOOR--SLIDING 1.00 EA
Field measure, order and install a pair of flush,
hollow core, by-passing, top hung, luaun doors in
opening up to 32' wide. Include overhead track,
all hardware, and casing on one side.
Trade: 19 Paint & Wallpaper
5565.1 PREP & PAINT VACANT ROOM 884.00 SF
Remove/cover all hardware, fixtures not to be
painted. Wet scrape loose, cracked, peeling,
blistered surfaces. Feather edges & dull gloss
surfaces with sandpaper. Clean all surfaces with
TSP. Spot prime and top coat trim, ceiling, walls,
doors & windows with owner's choice of premixed
acrylic latex. Include any closets.
Trade: 23 Electric
AL
SPECS CS BY LOCATION/TRADE
-R - ,�� 07/23/2003
Project: 1059HUMBOLT Address: 1059 Humbolt Unit: single family
Location: 4 LIVING ROOM
Spec Unit Total
Number Spec Quantity Units Price Price
Trade: 23 Electric
7740.1 LIGHT FIXTURE AND SWITCH 1.00 EA
Install a ceiling mounted, UL approved, 2 bulb light
fixture ($20 material allowance) controlled by an
ivory switch with a metal cover located at the
strike side of the door. Fish wire and repair all
tear out.
Bidder: Total:
HOUSING SPECS BY LOCATION/TRADE
DEVELOPER
.p„ w
07/23/2003
Igg
Project: 1059HUMBOLT Address: 1059 Humbolt Unit: single family
Location: 5 DINING ROOM
Spec Unit Total
Number Spec Quantity Units Price Price
Trade: 10 Carpentry
2375.1 FLOOR--OAK T&G 166.00 SF
Prepare floor by renailing deck tightly to joists with
screw shank nails, 8" OC. Install tongue and
groove white or red oak, with moisture content of
6-8% using a flooring nailer. Drum sand edge and
apply one coat of sanding sealer followed by 2
coats of polyurethane floor coating. Install figer-
jointed ranch baseboard and 3/4"oak shoe
molding with finish nails or tee headed brads.
2795.1 WINDOW REPAIR 3.00 EA
Repair window without replacing sash. Replace
broken and cracked glass with double strength
glass.Remove loose glazing compound and
reglaze.Repair and adjust window to open and
close smoothly,with brass plated lifts and
locks,and sash chains or nylon reinforced
cords.Raise the top sash, secure it in place with
exposed finish nails or screws and caulk.
Trade: 17 Drywall & Plaster
5270.1 DRYWALL--1/2" 664.00 SF
Hang, tape and 3 coat finish 1/2" drywall.Screw or
nail 8"on center. Run boards with long dimension
horizontal. Wet sand ready for paint. Texture all
walls and ceiling to conform throughtout house.
Trade: 19 Paint & Wallpaper
yH'I/.
HOUSING i SPECS BY LOCATION/TRADE
DEVELOPER;
P R O i
07/23/2003
iE
Project: 1059HUMBOLT Address: 1059 Humbolt Unit: single family
Location: 5 DINING ROOM
Spec Unit Total
Number Spec Quantity Units Price Price
Trade: 19 Paint & Wallpaper
5565.1 PREP & PAINT VACANT ROOM 664.00 SF
Remove/cover all hardware, fixtures not to be
painted. Wet scrape loose, cracked, peeling,
blistered surfaces. Feather edges & dull gloss
surfaces with sandpaper. Clean all surfaces with
TSP. Spot prime and top coat trim, ceiling, walls,
doors & windows with owner's choice of premixed
acrylic latex. Include any closets.
Trade: 23 Electric
7715.1 FIXTURE AND 3-WAY SWITCHES 1.00 EA
Install a ceiling mounted , UL approved, 2 bulb
light fixture ($20 material allowance) controlled by
a pair of ivory 3-way switches mounted at the
strike side of the doors, or at top and bottom of
stairwell. Fish wire and repair all tear out.
Bidder: Total:
HOUSING SPECS BY LOCATION/TRADE
nEvFi[PER
= 07/23/2003
Project: 1059HUMBOLT Address: 1059 Humbolt Unit: single family
Location: 6 Bathroom Common
Spec Unit Total
Number Spec Quantity Units Price Price
Trade: 10 Carpentry
3380.1 DOOR--SLIDING 1.00 EA
Field measure, order and install a pair of flush,
hollow core, by-passing, top hung, luaun doors in
opening up to 6' wide. Include overhead track, all
hardware, and casing on one side.
3810.1 TOWEL BAR 2.00 EA
Install a 16" chrome plated steel towel bar,
screwed securely to studs.
3835.1 ACCESSORY SET--6 PIECE CHROME 1.00 EA
Install a chrome plated steel bathroom accessory
set consisting of two 24" towel bars, soap dish,
tumbler holder, soap and grab, and toilet paper
holder.
Trade: 17 Drywall & Plaster
5280.1 DRYWALL--WATER RESISTANT 315.00 SF
Hang, tape and 3 coat finish 1/2" water resistant
drywall in wet area. Screw or nail 8"on center.
Wet sand ready for paint.
USE WATER RESISTANT DRYWALL IN ENTIRE
BATHROOM
Trade: 18 Ceramic Tile
5430.1 CERAMIC WALL TILE 106.00 SF
Install owner's choice of $100/sf 4"x4" ceramic
wall tile over a sound surface with troweled
adhesive. Include preformed base, cap, stop,
return and trimmer pieces to complete installation.
After at least 24 hours drying time, apply latex
based portland cement grout. Clean all excess
grout and apply mildew resistant white silicone
caulk at all seams, fixture lips and pipe
penetrations.
a � kt"°"",�'�.. �A;� �'.�i
„a_.,:�fa e �. :� v. a ai.<�� - z`,_'•°t. ay,'fi x +:, ....�, .,^ h.s' ti:. °.tv,L .. .
I--
no�rsnvG SPECS BY LOCATION/TRADE
DEVELOPER
•P•R•O•
.+M
07/23/2003
Project: 1059HUMBOLT Address: 1059 Humbolt Unit: single family
Location: 6 Bathroom Common
Spec Unit Total
Number Spec Quantity Units Price Price
Trade: 19 Paint & Wallpaper
5560.1 PREP & PAINT BATHROOM 200.00 SF
Remove/cover all hardware and fixtures not to be
painted. Wet scrape all loose cracked, peeling
blistered surfaces. Clean surfaces with TSP. Fill
all holes and cracks. Spot prime with acrylic latex.
Apply top coat of owner's choice of premixed
acrylic latex semi-gloss.
Trade: 20 Floor Coverings
5930.1 UNDERLAY & VINYL SHEET GOODS 46.00 SF
Install 5/16" underlayment grade plywood, using
7d screw shank or cement coated nails, 6" on
center allowing a 1/4" gap at wall. Install 070"
thick, backed vinyl sheet goods w/ minimum
seams, per manufact. recommendations. Caulk
edges of vinyl w/clear silicone caulk to create
positive seal. Install metal edge strips in openings
& shoe molding or 4" vinyl base around perimeter.
Trade: 22 Plumbing
6870.1 FAUCET--LAVATORY DUAL CONTROL 1.00 EA
Install a washerless, metal bodied, dual control
faucet with a 15 year drip-free warranty. Include
shut-off valve. Replace trap if required to
complete installation.
THIS VANITY IS T WIDE NOTE! NOT NORMAL
SIZE
HOUSING SPECS BY LOCATION/TRADE
'DEVELOPER
07/23/2003
Project: 1059HUMBOLT Address: 1059 Humbolt Unit: single family
Location: 6 Bathroom Common
Spec Unit Total
Number Spec Quantity Units Price Price
Trade: 22 Plumbing
7010.1 COMMODE--REPLACE 1.00 EA
Install 2 piece, close coupled, white, vitreous
china, water saving commode made by American
Standard. Include plastic or pressed wood white
seat, plastic supply pipe, shut-off valve, flap valve
and wax seal. Use 14" rough-in when replacing
wall hung commode, and 12" rough-in to replace
close coupled commode.
Trade: 23 Electric
7590.1 RECEPTACLE--GFCI BATH 1.00 EA
Install a flush mounted, ground fault circuit
interrupted ivory duplex receptacle adjacent to
lavatory using copper romex. Fish wire and repair
all tear out.
7816.1 FIXTURE--HEAT, LIGHT, VENT 1.00 EA
Install a ceiling mounted fixture containing a 1200
watt, forced air heater, a single bulb light fixture,
and an exterior ducted vent fan with damper
capable of 60 cfm, controlled by 3
manufacturer-supplied switches on an
independent 20 amp circuit, using #14 copper
Romex. Fish all wireand patch all tear out.
Bidder: Total:
1 '" "
HOUSING SPECS BY LOCATION/TRADE
DEVELOPER
P R
0.
07/23/2003
Project: 1059HUMBOLT Address: 1059 Humbolt Unit: single family
Location: 7 Kitchen
Spec Unit Total
Number Spec Quantity Units Price Price
Trade: 10 Carpentry
2795.1 WINDOW REPAIR 2.00 EA
Repair window without replacing sash. Replace
broken and cracked glass with double strength
glass.Remove loose glazing compound and
reglaze.Repair and adjust window to open and
close smoothly,with brass plated lifts and
locks,and sash chains or nylon reinforced
cords.Raise the top sash, secure it in place with
exposed finish nails or screws and caulk.
3715.1 CABINET--WOOD BASE 17.00 LF
Dispose of base cabinets. Install base cabinet
with doors of solid birch or ash stiles and
veneered plywood panels. Frame with solid birch
or ash stiles, 1/4" veneered plywood sides and
metal or plastic corner bracing. Drawers shall be
made of wood or composition material. Owner's
choice of two in-stock designs.
3725.1 CABINET--WOOD WALL 18.00 LF
Dispose of wall cabinets. Field measure and
screw to studs, level and plumb, kitchen wall
cabinet. Door to have solid wood stiles and
plywood panels. Frame to have solid wood stiles,
1/4" plywood sides, metal or plastic corner
bracing.
Trade: 17 Drywall & Plaster
5270.1 DRYWALL--1/2" 660.00 SF
Hang, tape and 3 coat finish 1/2" drywall.Screw or
nail 8"on center. Run boards with long dimension
horizontal. Wet sand ready for paint. Texture all
walls and ceiling to conform throughtout house.
Trade: 18 Ceramic Tile
HOUSING SPECS BY LOCATION/TRADE
DEVELOPER
I•Y•1(•O
07/23/2003
;U
Project: 1059HUMBOLT Address: 1059 Humbolt Unit: single family
Location: 7 Kitchen
Spec Unit Total
Number Spec Quantity Units Price Price
Trade: 18 Ceramic Tile
5425.1 CERAMIC FLOOR TILE 199.00 SF
Using adhsive, lay owner's choice of $3/sf ceramic
floor tile over 1/2" reinforced cement board,
screwed to subfloor. After at least 24 hours drying
time, apply latex- portland grout. Clean floor and
apply mildew resistant white silicone caulk to all
edge seams and pipe penetrations. Install a 3"
marble threshold at door.
Trade: 19 Paint & Wallpaper
5555.1 PREP/PAINT KITCHEN--SEMI GLOSS 1.00 RM
Remove/cover all hardware, fixtures not to be
painted. Wet scrape loose, cracked, peeling,
blistered surfaces. Feather edges & dull gloss
surfaces w/sandpaper. Clean all surfaces with
TSP. Fill all holes/cracks. Spot prime with acrylic
latex. Apply top coat of owner's choice of
premixed acrylic latex semi-gloss. Include any
closets.
Trade: 22 Plumbing
6815.1 FAUCET--KITCHEN DUAL CONTROL 1.00 EA
Install a metal kitchen sink faucet with spray, dual
controls, 15 year drip-free warranty and maximum
flow of 2 gallons per minute.
6835.1 SINK--DOUBLE BOWL COMPLETE 1.00 EA
Install a 33"x22"x5" double bowl, stainless steel,
self rimming kitchen sink including a steel, metal
body dual with spray washer faucet with a 15 year
drip- free warranty, trap, supply lines, and shut-off
valves.
Trade: 23 Electric
HOUSING; SPECS BY LOCATION/TRADE
DEVELOPER
•P•R•O •
07/23/2003
IN
Project: 1059HUMBOLT Address: 1059 Humbolt Unit: single family
Location: 7 Kitchen
Spec Unit Total
Number Spec Quantity Units Price Price
Trade: 23 Electric
7595.1 RECEPTACLE--GFCI COUNTERTOP 4.00 EA
Install a flush mounted, ground fault circuit
interrupted, ivory, duplex receptacle and ivory
cover plate using #14 copper romex. Fish wire
and repair all tear out.
7750.1 FLUORESCENT LIGHT FIXTURE 2.00 EA
Install a 4 tube, 40 watt, surface mounted 48"x16"
fluorescent fixture with acrylic diffuser and energy
efficient ballast.
7835.1 RANGE HOOD EXTERIOR VENTED 1.00 EA
Install an exterior ducted enameled range hood
with integral controls and light capable of 100 cfm
at 70 somes. Attach hood to cabinet with screws.
Include metal vent and roof or wall cap/damper
assembly, using #14 copper Romex. Owner's
choice of color.
8005.1 PHONE OUTLET 1.00 EA
Install a plaster ring and phone jack. Stapled,
surface-mounted, wire is acceptable.
HAVE ELECTRICANS TO RUN PHONE WIRES
IN WALLS
Trade: 25 Appliances
8405.1 GAS STOVE TOP 30" 1 .00 EA
Dispose of old stove top. Install a 30" wide,
pilotless, four burner, gas stove top unit.
8490.1 DISHWASHER--2 CYCLE 1.00 EA
Provide and install a white, 2 cycle, built- in
dishwasher including all alterations and
connections to plumbing and electric system.
allowance for delivered equipment.
HAVE PLUMBING AND ELECTRICA INTALL IN
ROUGHTIN STAGES, SEPRATE FROM SINK
WATER LINES
® SPECS BY LOCATION/TRADE
HOUSING
DEVELOPER
,P•R•"O
07/23/2003
Project: 1059HUMBOLT Address: 1059 Humbolt Unit: single family
Location: 7 Kitchen
Spec Unit Total
Number Spec Quantity Units Price Price
Trade: 25 Appliances
8500.1 DISPOSAL--1/2 HP 1.00 EA
Install a 1/2 horsepower, PVC chambered, quick
disconnect, garbage disposal with reset button
and hand crank, as manufactured by ISE, model
Badger 333. Include plumbing and electrical
connections.
Bidder: Total:
® PE B
HOUSING SPECS Y LOCATION/TRADE
DEVELOPER
•P•R•O -
" �"�`" 07/2312003
Project: 1059HUMBOLT Address: 1059 Humbolt Unit: single family
Location: 8 DEN
Spec Unit Total
Number Spec Quantity Units Price Price
Trade: 10 Carpentry
2883.1 WINDOW--WOOD SGL HNG/DBL GLZ 4.00 EA
REPLACE CURRENT WINDOWS WITH SINGLE
HNG/DBL GLAZ CODE COMPLIANCE HE
WINDOWS
Trade: 17 Drywall & Plaster
5270.1 DRYWALL--1/2" 641.00 SF
Hang, tape and 3 coat finish 1/2" drywall.Screw or
nail 8"on center. Run boards with long dimension
horizontal. Wet sand ready for paint. Texture all
walls and ceiling to conform throughtout house.
Trade: 19 Paint & Wallpaper
5565.1 PREP & PAINT VACANT ROOM 641.00 SF
Remove/cover all hardware, fixtures not to be
painted. Wet scrape loose, cracked, peeling,
blistered surfaces. Feather edges & dull gloss
surfaces with sandpaper. Clean all surfaces with
TSP. Spot prime and top coat trim, ceiling, walls,
doors & windows with owner's choice of premixed
acrylic latex. Include any closets.
Trade: 20 Floor Coverings
5920.1 UNDERLAY AND VINYL TILE 195.00 SF
Install 5/16" underlayment grade plywood using 7d
screw shank or cement coated nails, 6" on center
allowing a 1/4" gap at wall. Lay 12"x12"x1/8" vinyl
composition tile, color group B as made by
Armstrong or Azrock, per manufacturer's
recommendations. Square to room axis. Include
metal edge strips at openings,and shoe molding or
4" vinyl base around perimeter.Owner's choice of
in-stock color.
---Page �.E 1
HOUSING( SPECS BY LOCATION/TRADE
DEVELOPER
•P•R•O•
07/23/2003
Project: 1059HUMBOLT Address: 1059 Humbolt Unit: single family
Location: 8 DEN
Srer Unit Total
(Number Spec Quantity Units Price Price
Trade: 23 Electric
7715.1 FIXTURE AND 3-WAY SWITCHES 1.00 EA
Install a ceiling mounted , UL approved, 2 bulb
light fixture ($20 material allowance) controlled by
a pair of ivory 3-way switches mounted at the
strike side of the doors, or at top and bottom of
stairwell. Fish wire and repair all tear out.
7810.1 SMOKE DETECTOR--HARD WIRED 1.00 EA
Install a UL approved, ceiling mounted smoke and
heat detector permanently wired into a receptacle
box.
Bidder: Total:
City of Fort Worth, Texas
"Agar And C communication
DATE REFERENCE NUMBER LOG NAME PAGE
8/12/03 **C-19695 05NSEAGRE 1 of 2
SUBJECT APPROVAL OF TAX ABATEMENT AGREEMENT WITH THE NEAR SOUTHEAST
COMMUNITY DEVELOPMENT CORPORATION FOR PROPERTIES LOCATED IN
THE EVANS AND ROSEDALE NEIGHBORHOOD EMPOWERMENT ZONE AT 1059
EAST HUMBOLT STREET AND 1231 EAST TERRELL AVENUE
RECOMMENDATION:
It is recommended that the City Council:
1. Approve the application of Near Southeast Community Development Corporation (NSECDC), owner
of properties located at 1059 East Humbolt Street and 1231 East Terrell Avenue, for a five-year
Municipal Property Tax Abatement for the above mentioned property in the Evans and Rosedale
Neighborhood Empowerment Zone (NEZ); and
2. Find that the Statements set forth in the recitals of the attached Tax Abatement Agreement (the
Agreement) with the NSECDC are true and correct; and
3. Authorize the City Manager to enter into an Agreement with the NSECDC in accordance with the
NEZ Basic Incentives.
DISCUSSION:
The NSECDC is the owner of the properties at 1059 East Humbolt Street Lot 10 Block 2 of Zabriski
Addition and 1231 East Terrell Avenue Lot 7 Block 1 of the Ligon, WL Subdivision located in the Evans
and Rosedale NEZ and Neighborhood Empowerment Reinvestment Zone (NERZ No 4). The NSECDC
applied for a five-year municipal property tax abatement under the NEZ Basic Incentives (M&C G-
13208 R, M&C G-13580 and M&C G-13662, as amended). The Housing Department has reviewed the
application and certified that the property meets the eligibility criteria to receive NEZ municipal property
tax abatement. The NEZ Basic Incentives offer a five-year municipal property tax abatement on the increased
value of improvements to qualified owners who will perform eligible rehabilitation on residential properties
within a NEZ. Eligible rehabilitation includes physical improvements to real property equal to at least 30% of
the Tarrant Appraisal District(TAD)value of the property(excluding land).
The NSECDC has proposed to spend approximately $78,000 on the property located at 1059 East
Humbolt Street and $52,000 on the property located at 1231 East Terrell Avenue in eligible
improvements. Work to be performed includes the roof replacements, foundation, rewiring, plumbing,
framing, flooring, painting and installation of various fixtures.
Upon execution of the Agreement, the total assessed value of the homes used for calculating municipal
property tax will be frozen for a five-year period, starting on January 1, 2004, at the pre-improvement
value as defined by the TAD on January 1, 2003, as follows:
1059 East Humbolt Street
Pre-improvement TAD Value of Improvements $5,000
Pre-improvement Estimated Value of Land $1,000
Total Pre-improvement Estimated Value $6,000
City of Fort Worth, Texas
4velgor elnd C,auncil communication
DATE REFERENCE NUMBER LOG NAME PAGE
8/12/03 **C-19695 05NSEAGRE 2 of 2
SUBJECT APPROVAL OF TAX ABATEMENT AGREEMENT WITH THE NEAR SOUTHEAST
COMMUNITY DEVELOPMENT CORPORATION FOR PROPERTIES LOCATED IN
THE EVANS AND ROSEDALE NEIGHBORHOOD EMPOWERMENT ZONE AT 1059
EAST HUMBOLT STREET AND 1231 EAST TERRELL AVENUE
1231 East Terrell Avenue
Pre-improvement TAD Value of Improvements $34,700
Pre-improvement Estimated Value of Land $ 1,000
Total Pre-improvement Estimated Value $35,700
The municipal property tax on the improved value of the homes is estimated at $472 per year on the
property located at 1059 East Humbolt Street and $314 per year on the property located at 1231 East
Terrell Avenue for a total of $3945 over the five-year period. However, this estimate may be different
from the actual tax abatement value, which will be calculated based on the TAD appraised value of the
property.
The Properties are located in COUNCIL DISTRICT 8.
FISCAL INFORMATION/CERTIFICATION:
The Finance Director certifies that this action will have no material effect on City funds.
RR:r
Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY
Office by: (to)
Reid Rector 6140
Originating Department Head:
Jerome Walker 7537 (from) APPROVED 08/12/03
Additional Information Contact:
Jerome Walker 7537