HomeMy WebLinkAboutResolution 3556-11-2007A Resolution
NO 3556-11 2007
READOPTING THE RELOCATION INCENTIVES POLICY
FOR BUSINESSES DISPLACED BY MAJOR PUBLIC INFRASTRUCTURE PROJECTS
WHEREAS, pursuant to M&C G 15045 approved by the Crty Council on December 20 2005 the City
Council adopted a Relocation Incentives Policy for businesses displaced by mayor infrastructure
projects, such as the Tnmty River Uptown Project and the Southwest Parkway (SH 121T) Project; and
WHEREAS the Relocation Incentives Policy provides for tax abatement, various fee waivers and other
incent:wes to certain businesses displaced by mayor infrastructure projects if those businesses relocate
their facilities and operations to areas of the City targeted by the City Council for development or
redevelopment; and
WHEREAS the Relocation Incentives Policy has helped the Crty retain businesses that might otherwise
have located outside the City or otherwise faced additional hardship due to displacement by mayor
infrastructure projects, and
WHEREAS, Chapter 312 of the Texas Tax Code provides that a policy pursuant to which a
municipality offers tax abatement is effective only for two (2) years from the date that the policy was
adopted, and
WHEREAS accordingly the ability of the Crty to offer tax abatement as an mcenhve under the
Relocation Incentives Policy will expire on December 19 2007 unless the Relocation Incentives Policy
is readopted,
WHE]E2EAS, the City Council wishes to continue the offering of tax abatement as an incentive for
businesses displaced by mayor infrastructure projects in accordance with the current Relocation
Incentives Policy
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT
WORTH, TEXAS
1. THAT the City hereby elects to be eligible to participate in tax abatement in accordance with
Chapter 312 of the Texas Tax Code.
2. THAT the Relocation Incentives Policy attached hereto is hereby readopted and that the
CITY ~~" ~L~1~">~' '~i~h><!~`
No,
provisions relating to tax abatement therein shall be effective from December 21 2007 through
December 20 2009 unless earlier amended or repealed by a vote of at least three-fourths (3/4) of the
members of the City Council.
3. THAT notwithstanding the provisions of any previous Resolution adopted by the City Council,
(i) this Relocation Incentives Policy as rt may subsequently be amended, will expressly govern all tax
abatement agreements with persons or entities quahfymg for abatement hereunder (ii) the General Tax
Abatement Policy adopted by the Crty Council pursuant to Resolution No 3363-06-2006 as previously
amended and as it may subsequently be amended, will expressly govern all tax abatement agreements
with persons or entities qualifying for abatement thereunder and (iii) the Neighborhood Empowerment
Zone Tax Abatement Policy adopted by the Crty Council pursuant to Resolution No 3487-OS-2007 as rt
may subsequently be amended, will expressly govern all tax abatement agreements with persons or
entities qual>fymg for abatement thereunder
ADOPTED this 27th day of November, 2007
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APPRQV£u
CITY COUNGIL
NOV 2 7 2007
~~~
City Secretary of the
City of Fort Worth, Texas
FORT WORTH
TO Chairman Espmo and Members of the Legislative and Intergovernmental Affairs
Committee
FROM. Marty Hendrix, City Secretary
DATE November 29 2007
SUBJECT APPOINTMENTS TO THE DOWNTOWN DESIGN REVIEW BOARD/FORT
WORTH COMMISSION FOR WOMEN
DOWNTOWN DESIGN REVIEW BOARD
Per the directions of the LIAC, contacts were made regarding Mr Jack Summerford s application
for appointment to the Downtown Design Review Board. His appointment is supported by the
current board members, the City staff as well as Andy Taft, with Downtown Fort Worth, Inc Mr
Taft's communication is attached.
Since the last meeting, another individual has applied for the vacant alternate position. The
individual is Scott Polikov Mr Polikov's resume is enclosed and has been reviewed by the same
interested parties. Everyone is supportive of Mr Polikov's appointment to the alternate position.
The communications of support are attached.
City staff is requesting that if these mdividuais are recommended by the LIAC to be appointed to
the :Downtown Design Review Board that these applications be considered immediately at the
December 4 2007 Council meeting m order for the board to proceed with them meeting schedule.
Over the past year the board has experienced quorum problems which has affect their ability to
conduct their meetings.
FORT WORTH COMMISSION FOR WOMEN
At the last meeting of the LIAC, Chairman Espmo questioned the three alternates agencies listed on
the ]Fort Worth Commission for Women and the fact that they had no appointees assigned for
LIAC s consideration. The reason that there were no appointees for those agencies was due to the
fact that these are alternate agencies to consider for the Commission if the other main agencies are
not nnterested in having representatives on the commission.
City Secretary's Office
City of Fort Worth~* 1000 Throclcmorton Street~* Fort Worth, Texas 76102
(817) 392-6150~* FAX (817) 392-6196
Resolution No 3556-11-2007
CITY OF FORT WORTH
RELOCATION INCENTIVES POLICY & GUIDELINES
FOR QUALIFYING BUSINESSES AFFECTED BY PUBLIC
INFRASTRUCTURE PROJECTS
GENERAL PURPOSE AND OBJECTIVES
The City of Fort Worth (~~City") values the many businesses that comprise the fabric of Fort
Worth s business community and which provide for the creation of new jobs and lead to positive
economic growth and stabilization. As a result, in accordance with the provisions and conditions
of this policy statement (~~Policy"), the City will, on a case-by-case basis, consider the granting of
incentives for businesses that are displaced and must relocate as a result of an eminent domain, or
condemnation, action filed by the City or another public agency on account of a public
infrastructure project that is designated by resolution of the City Council as a `Major Public
Infrastructure Project" in an effort to retain those businesses in the City
The City acknowledges that different areas of the City face varying degrees of challenges in
attracting private sector capital for quality business development. Therefore, the City has
designed this Policy to provide greater assistance to businesses relocating in areas of the City
where private investment and market activity .has lagged behind other areas of the City (See
Attachment A).
2 INCENTIVES AVAILABLE
Any business that is displaced and must relocate as a result on an eminent domain, or
condemnation, action filed by the City or another public agency on account of a public
infrastructure project that is designated by resolution of the City Council as a `Major Public
Infrastructure Project" will qualify under this Policy for the following list of incentives, as
applicable, if that business relocates to a location within the corporate limits of the City The City
Council shall have sole and final authority to determine the applicability of this Policy including,
but not limited to, whether a particular operation is a `business" within the meaning and intent of
this Policy and whether a given Major Public Infrastructure Project will, in fact, displace the
business. A business must complete and submit a relocation incentive application with the City
of Fort Worth s Economic and Community Development Department prior to locating to a new
location in order to qualify for these incentives.
Incentives for Relocating within Area 1 (as applicable)
1 Waiver of the development fees outlined below
a. building permit (including fees for inspection);
b. zoning fee (required for zoning changes),
c. ordinance inspection fee (all trades);
d. temporary and permanent encroachment fees (up to 90-days);
e. platting fees
f. expedited zoning process fee; and
g. fire, sprinkler and alarm permit fees,
Resolution No 3556-11-2007
2. Release of certain liens such as weed, demolition, board-up/open structure, and
paving;
3 Expedited plan review (through the City contracted plan review service);
4 Expedited Zoning process; and
5 Eight year 75% tax abatement on new real and new personal property investment for
businesses that purchase real property within the Central City Tazget Area and make
improvements on that properly and otherwise in accordance with state law
Incentives for Relocating within Area 2 (as applicable)
1 Waiver of the development fees outlined below
a. building permit (including fees for inspection);
b. zoning fee (required for zoning changes);
c. ordinance inspection fee (all trades);
d. temporary and permanent encroachment fees (up to 45-days);
e. platting fees
f. expedited zoning process fee; and
g. fire, sprinkler and alarm permit fees,
2. Release of certain liens such as weed, demolition, board-up/open structure, and
paving;
3 Expedited plan review (through the City contracted plan review service);
4 Expedited Zoning process, and
5 Four yeaz 50% tax abatement on new real and new personal property investment for
businesses that purchase real property within the Central City (but outside the Central
City Target Area) and make improvements on that property and otherwise in
accordance with State Law
Incentives for Relocating within Area 3 (as applicable)
1 Expedited plan review (through the City contracted plan review service); and.
2. Expedited Zoning process (if fee paid).
3 Three-yeaz 25% tax abatement on new real and new personal property investment for
businesses that purchase real property in the City (but outside the Central City) and
make improvements on that property and otherwise in accordance with state law
3 CONTACT INFORMATION
For more information about this program, contact the City of Fort Worths Economic &
Community Development Department at 817 392-6103
City of Fort Worth, Texas
Mayor and Council Communication
COUNCIL ACTION Approved on 11/27/2007 Resolution No # 3556-11 2007
DATE Tuesday November 27 2007
LOG NAME 17RELORENEW
REFERENCE NO G 15974
SUBJECT
Adopt Resolution Readopting the Relocation Incentives Policy for Businesses Displaced by Major
Public Infrastructure Projects
RECOMMENDATION
It is recommended that the City Council adopt the attached Resolution readopting the Relocation Incentives
Policy for businesses displaced by Major Public Infrastructure Projects in the City
DISCUSSION
Businesses from time to time may be required to relocate from their current locations due to Major Public
Infrastructure Projects in the City such as the Trinity River Uptown Project and the Southwest Parkway
(SH-121T) Project. On December 20 2005 Council adopted a Relocation Incentives Policy creating a set
of relocation incentives including tax abatement and development fee waivers, to be available to such
businesses in an effort to retain the businesses in the City (M&C G-15045) Each request for tax abatement
incentives under the policy requires approval from the City Council In order for a business to be eligible
under this policy the City Council must first pass a resolution designating the public infrastructure project
impacting that business as a 'Major Public Infrastructure Project" which will then allow for the use of
available relocation incentives
Under State Law policies pursuant to which a municipality offers tax abatements expire after two
years. Adoption of the attached Resolution will readopt the Relocation {ncentives Policy for another two
years There are no proposed changes from the previous Policy
The City staff recommends that the City Council readopt this Policy to provide greater assistance to
displaced businesses relocating in areas of the City where private investment and market activity has
lagged behind other areas of the City Specifically it is the objective of this policy that the City's strategic
investment of its incentive resources improve Fort Worth s entire portfolio of diverse community assets.
FISCAL INFORMATION/CERTIFICATION
The Finance Director certifies that this action will have no material effect on City funds
TO Fund/Account/Centers
FROM Fund/Account/Centers
Submitted for City Manager's Office by. Dale Fisseler (6140)
Originating Department Head. Tom Higgins (6192)
Additional Information Contact: Mark Fofden (8634)
Logname 1'7RELOR.ENEW Page 1 of 1