HomeMy WebLinkAboutResolution 3390-07-2006A Resolution
NO 3390 -07 2006
DECLARING THE TRINITY RIVER UPTOWN PROJECT AS A MAJOR PUBLIC
INFRASTRUCTURE PROJECT AS DEFINED IN THE CITY OF FORT WORTH'S
RELOCATION INCENTIVES POLICY
WHEREAS, the City Council of the City of Fort Worth (the City Council')
previously adopted M & C No 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 in 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
in the Policy through the Economic and Community Development Department of the City
of Fort Worth and ultimately be approved by the City Council and
WHEREAS, the property acquisition program that will be implemented by Tarrant
Regional Water District in order to construct a hydraulic dam, a bypass channel and other
infrastructure on and in the vicinity of the Trinity River as substantially depicted on the
map attached hereto (the `Trinity River Uptown Project ") will displace certain businesses
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF FORT WORTH, TEXAS THAT
The Trinity River Uptown Project is hereby designated a Mayor Public Infrastructure
Project for purposes of the Policy
AND IT IS SO RESOLVED
ADOPTED this 18th day of July- 2006
CI'l V Off' 1r*KT MMUTH
RPCnlntinn No 3390 -07 2006
APPROVED
CITY COUNCIL
JUL 18 2006
City Secretary of the
City of Fort Worth, Texas
9 xTv or rewr wouvis
City of Fort Worth, Texas
Mayor and Council Communication
COUNCIL ACTION Approved on 711812006 Resolutio No 3390 -07 2006
DATE Tuesday July 18 2006
LOG NAME 17MPIPTRV REFERENCE NO G 15298
SUBJECT
Adopt Resolution Declaring the Trinity River Uptown Project 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 adopt the attached resolution declaring the Trinity River Uptown
Project 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 designates the Trinity River Uptown Project as a Major Public Infrastructure
Project. The Trinity River Uptown Project comprises the property acquisition program that will be
implemented by the Tarrant Regional Water District in order to construct a hydraulic dam a bypass channel
and other infrastructure on and in the vicinity of the Trinity River as substantially depicted on the map
attached to the proposed resolution
Adoption of this resolution will allow City Staff to begin processing applications for incentives under the
Relocation Incentives Policy for businesses forced to relocate because of the project.
The properties involved in this relocation are located in COUNCIL DISTRICTS 2 and 9
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: Robert Sturns (8634)
Logname 17MPIPTRV Page I of 1