HomeMy WebLinkAboutResolution 3311-02-2006A Resolution
NO 3311-02 2006
ENDORSING THE WOODHAVEN NEIGHBORHOOD REDEVELOPMENT PLAN
AND DIRECTING STAFF TO PURSUE THE DEVELOPMENT THROUGH A
PRIVATE PUBLIC PARTNERSHIP
WHEREAS, the City Council of the City of Fort Worth (the City Council')
previously approved a Professional Services Agreement (M&C C 20369) with Gideon
Toal Inc for the creation of a Woodhaven Master Development Plan (the `Plan) and
WHEREAS, pursuant to the contract requirements Gideon Toal Inc has completed
the Plan which outlines development and redevelopment opportunities in the Woodhaven
area of the City along with proposed costs and density recommendations and
WHEREAS, the terms of the contract requires the City Council to approve the Plan
before rt is considered complete and
WHEREAS, the Plan recommends among other things development of a
neighborhood center for Woodhaven (the `Neighborhood Center") which would be the
catalyst development needed to spur development and redevelopment in Woodhaven and
WHEREAS, the Plan anticipates that the Neighborhood Center will not develop
solely through private sector investment and recommends that a public private partnership
between the City and a private sector developer be created to fulfill this development
need and
WHEREAS, the City cannot exercise its powers of eminent domain for the purpose
of acquiring property for economic development purposes and
WHEREAS, the Plan recommends that inclusive quality affordable housing be a
component of the redevelopment so that a balanced mixed use community can be created
and
WHEREAS, the City supports development that enhances the opportunities for
home ownership and
WHEREAS, the City supports the full rights of all tenants that may be impacted by
the redevelopment of any property as prescribed in the Plan and
WHEREAS, the City s general practice has been to participate financially in
economic and community development opportunities through incentive programs that
utilize or are based on the future incremental tax revenue from the new development
anticipated in order to help address a financial gap that may exist m the development
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Resolution No 3311 02 2006
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF FORT WORTH, TEXAS THAT
1 The City Council hereby endorses the Woodhaven Neighborhood Redevelopment Plan
as created by Gideon Toal Inc and authorizes the City Manager to incorporate this plan
into the Comprehensive Plan as appropriate
2 The City Council hereby requests the City staff to negotiate a public private
partnership for implementation of 'the goals outlined in the Plan by means of any of the
City s available economic and community development incenttve tools as City staff
deems appropriate and feasible including but not limtted to tax abatement and tax
increment financing
AND IT IS SO RESOLVED
ADOPTED this 14th day of February 2006
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APPROVED
CITY COU~iCIL
FEB 1 ~ 2006
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City S~ ry of the
City of Fort Worth, Texas
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