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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 "A` 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 ~'` 1 ~ #tr~~~ r ~~ ~` ~ ~= ~~t E ~.: ~.~ By -~ i Marty; Hendrix City Secretary '.~' ,w~ G; ~,, ,"' t1RTVV~ APPF~OVE~ CITY COU~GII. S E P 1 5 2009 Cicy Sec~of 4he City of Port i~l/orth, Texas '~.. City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTIN: Approved on 9/15/2009 -Res. No 3786-09-2009 ~~~k DATE Tuesday September 15 2009 LOG NAME 17ALCONL-RES -~ 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