Loading...
HomeMy WebLinkAboutResolution 3318-02-2006Resolution No. 3318-02-2006 DECLARING THE STATE HIGHWAY 121 PROJECT IN SOUTHWEST FORT WORTH AS A MAJOR PUBLIC INFRASTRUCTURE PROJECT AS DEFINED IN THE CITY OF FORT WORTH'S RELOCATION INCENTIVES POLICY WHEREAS, the Crty Council of the City of Fort Worth (the City Council ) previously adopted M & C Number 15045 establishing a Relocation Incentives Policy and Guidelines for Qualifying Businesses Affected by Public Infrastructure Projects (the `Policy") and WHEREAS, the intent of the Policy is to retain businesses that must relocate as a result of Mayor Public Infrastructure Projects within the city and WHEREAS, the Policy requires that the City Council specifically designate all projects that are deemed mayor public infrastructure projects as such to order for displaced businesses to qualify for incentives and WHEREAS, the types and value of the incentives provided through the Policy depend on the geographic location of the relocation of a displaced business and WHEREAS, each business must apply for the desired relocation incentives outlined to the Policy through the Economic and Community Development Department of the City of Fort Worth and ultimately be approved by the City Council NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS THAT The City Council declares that the State Highway 121 Project is hereby designated a Mayor Public Infrastructure Protect AND IT IS SO RESOLVED ADOPTED this 28th day of February 2006 ,,,~;~~ t ~`-AT~'EST s~r~~~~. •, {,.1 t(K t ~"~. F +~ -- Nf' C ~~ ra ~ , ~a ~~~' •r .~ ~ arty `H-endrix City Secretary APPROVED C{TY COU{~C{L FEB 2 8 2006 1 ~~~ D City Secretary ©t the City of Fart Worth, Texas CITY OF FORT WORTH RELOCATION INCENTIVES POLICY & GUIDELINES FOR UALIFYING BUSINESSES AFFECTED BY PUBLIC_ INFRASTRUCTURE PROJECTS 1 GENERAL PURPOSE AND OBJECTIVES The City of Fort Worth ("City") values the many businesses that comprise the fabric of Port 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 `Mayor Public Infrastructure Project"man 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 lunits 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 jor 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; 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 Target Area and make improvements on that property 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 year 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 year 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 properly 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 I I Page 1 of 1 City of Dorf Worth, Texas Mayor and Council Communication COUNCIL ACTION Approved on 2/28/2006 Resolution No 3318-02 2006 DATE Tuesday February 28 2006 LOG NAME 17MPIP121 REFERENCE NO G 15101 SUBJECT Adoption of Resolution Declaring the State Highway 121 Project in Southwest Fort Worth as a Major Public Infrastructure Project as Defined in the City of Fort Worth s Relocation Incentives Policy RECOMMENDATION It is recommended that the City Council adopted the attached resolution declaring the State Highway 121 Project in southwest Fort Worth as a Major Public Infrastructure Project as defined in the City of Fort Worth s Relocation Incentives Policy DISCUSSION On December 20 2005 (M&C G-15045) the City Council adopted a Relocation Incentives Policy to provide greater assistance to businesses that are required to relocate as a result of a Major Public Infrastructure Project. As outlined in the Policy the City Council must specifically designate all projects that are deemed Major Public Infrastructure Projects in order for displaced businesses to qualify for incentives. All incentives to be provided to impacted businesses will require approval of the City Council The attached Resolution will allow staff to begin processing applications by those businesses for incentives. FISCAL INFORMATION/CERTIFICATION The Finance Director certifies that this action does not require the expenditure of City funds TO Fund/AccountlCenters FROM Fund/AccountlCenters Submitted for City Manager's Office bx: Or~inating Department Head. Additional Information Contact: Dale Fisseler (6140) Tom Higgins (6192) Jay Chapa (5804) Ardina Washington (8003) http.//www cfwnet.org/council~acket/ReportsJmc~nnt.asp 2/28/2006