HomeMy WebLinkAboutResolution 3786-09-2009A RESOLUTION
NO 3786-09-2009
NOMINATING ALCON LABORATORIES INC AS A ENTERPRISE PROJECT
PURSUANT TO THE TEXAS ENTERPRISE ZONE ACT CHAPTER 2303
OF THE TEXAS GOVERNMENT CODE
WHEREAS, the City Council of the City of Fort Worth (City) has previously passed Ordinance
No 15733 electing to participate in the Texas Enterprise Zone Program, and the local incentives offered
under this resolution are the same on this date as were outlined in Ordinance No 15733
WHEREAS, the Office of the Governor Economic Development and Tourism through the
Economic Development Bank (Bank) will consider Alcon Laboratories, Inc. as an enterprise project
pursuant to a nomination and an apphcahon made by the City
WHEREAS, the City desires to pursue the creation of the proper economic and social
environment m order to induce the investment of private resources m productive business enterprises
located m the Crty and to provide employment to residents of enterprise zones and to other economically
disadvantaged individuals,
WHEREAS, pursuant to Chapter 2303 Subchapter F of the Texas Enterprise Zone Act, Texas
Government Code (the Act") Alcon Laboratories, Inc., has applied to the City for designation as an
enterprise project;
WHEREAS the City finds that Alcon Laboratories, Inc. meets the criteria for designation as an
enterprise project under Chapter 2303 Subchapter F of the Act on the following grounds
1 Alcon Laboratories, Inc. is a qualified business under Section 2303 402 of the Act since
rt will be engaged m the active conduct of a trade or business at a qualified business site within
the governing body's ~urisdichon located outside of an enterprise zone and at least thirty five
percent of the business new employees will be residents of an enterprise zone or economically
disadvantaged individuals, and
2 There has been and will continue to be a high level of cooperation between public, private,
and neighborhood entities wrthm the area, and
3 The designation of Alcon Laboratories, Inc. as an enterprise project will contribute
significantly to the achievement of the plans of the City for development and revitalization of the
area.
WHEREAS, the City finds that Alcon Laboratories, Inc., meets the criteria for tax relief and
other incentives adopted by the City and nominates Alcon Laboratories, Inc., for enterprise project status
ORT W; d~RTIi
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RESOLUTION NO 3786-09-2009
on the grounds that it is located at the qualified business site, will create a higher level of employment,
economic activity and stability and
WHEREAS, the City finds that it is m the best interest of the City to nominate Alcon
Laboratories, Inc. as an enterprise project pursuant to the Act;
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF FORT WORTH, TEXAS
Adopted this 15TH day of September 2009
ATTEST
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By
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Marty; Hendrix City Secretary
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APPF~OVE~
CITY COU~GII.
S E P 1 5 2009
Cicy Sec~of 4he
City of Port i~l/orth, Texas
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City of Fort Worth, Texas
Mayor and Council Communication
COUNCIL ACTIN: Approved on 9/15/2009 -Res. No 3786-09-2009
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DATE Tuesday September 15 2009
LOG NAME 17ALCONL-RES
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REFERENCE NO G-16694
SUBJECT
Adopt Resolution Nominating Alcon Laboratories Inc as an Enterprise Project Pursuant to the Texas
Enterprise Zone Act, Chapter 2303 of the Texas Government Code
RECOMMENDATION
It is recommended that the City Council adopt the attached Resolution nominating Alcon Laboratories
Inc. as an Enterprise Project pursuant to Chapter 2303 of the Texas Government Code
DISCUSSION
Chapter 2303 of the Texas Government Code allows municipalities to nominate projects for designation
as an Enterprise Project. The City Council previously adopted Ordinance No 15733 (M&C G-14137)
electing to participate in the Texas Enterprise Zone Program. The Office of the Governor Economic
Development and Tourism through the Economic Development Bank will consider Alcon Laboratories
Inc. as an Enterprise Project pursuant to a nomination and an application made by the City
The City finds that Alcon Laboratories Inc. meets the criteria for designation as an Enterprise Project
under Chapter 2303 Subchapter F on the following grounds
1 Alcon Laboratories lnc. is a qualified business" under Section 2303 402 of the Act since it will be
engaged in the active conduct of a trade or business at a qualified business site within the
governing body's jurisdiction located outside of an enterprise zone and at least 35 percent of the
business' new employees will be residents of an enterprise zone or economically disadvantaged
individuals
2. There has been and will continue to be a high level of cooperation between public, private and
neighborhood entities within the area and
3 The designation of Alcon Laboratories Inc. as an Enterprise Project will contribute significantly to
the achievement plans of the City for development and revitalization of the area
Alcon Laboratories Inc. develops manufactures and distributes hundreds of eye care products in more
than 180 countries and is located at 6201 South Freeway Designation as an Enterprise Project will entitle
Alcon Laboratories Inc. to certain incentives and benefits from the State of Texas but will not entitle the
company to any City incentives
Alcon Laboratories Inc. is located in COUNCIL DISTRICT 8
FISCAL INFORMATION /CERTIFICATION
The Financial Management Services Director certifies that this action will have no material effect on City
Logname• 17ALCONL RES Page 1 of 2
funds
FUND CENTERS
TO Fund/Account/Centers
CERTIFICATIONS
Submitted for City Manager's Office bv•
Originating Department Head
Additional Information Contact•
FROM Fund/Account/Centers
Thomas Higgins (6140)
Jay Chapa (6192)
Ossana Hermosillo (8618)
Logname. 17ALCONL RES Page 2 of 2