Loading...
HomeMy WebLinkAboutResolution 3208-05-2005A RESOLUTION No. 32,og - ~5- 2.05 MORATORIUM ON THE CREATION OF NEW EMPOWERMENT ZONES WHEREAS, on April 25, 2000, the City Council approved the Policy Statement on the Creation of Neighborhood Empowerment Zones (NEZ), in accordance with Chapter 378 of the Texas Local Government Code; and WHEREAS, since April 25, 2000, the City Council has created 15 Neighborhood Empowerment Zones. They are: Stop Six NEZ Ridglea/Como NEZ HemphilU Berry NEZ Magnolia NEZ Evans & Rosedale NEZ Polytechnic/Wesleyan NEZ Woodhaven NEZ Handley NEZ Riverside NEZ Berry/University NEZ Trinity Park NEZ Lake Arlington NEZ West 7th/i7niversity NEZ Wedgwood Square NEZ Rolling Hills NEZ WHEREAS, these NEZ's cover approximately 25 square miles of the city; and WHEREAS, concerns have been raised regarding the number of NEZ's that have been created and the impact that the large number of NEZ's have on individual zones, and ~' WHEREAS, Council has requested that staff evaluate the performance of this development tool and to recommend changes to address these concerns. WHEREAS, staff recommends that City Council adopt attached Resolution enacting a 60- day moratorium on the creation of new NEZ's until the evaluation of the existing policy has been completed. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS That City Council hereby enacts a 60-day moratorium on the creation of new NEZ's in the City of Fort Worth. n.*,~ `~{rte, Adopted ~~ ~~ al"'~ r F ~ '' APPROVEQ - CITY COUNCIL Marry Hendrix ; Ci~y Secretary '` ~. MAY 1 7 2005 :~ .~, ~ ~ - -- ~ ~i ~ ~l sF ~ . ~ } rN- C' y Secretary of the City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION Approved As Amended on 5/17/2005 Res #3208-05-2005 DATE Tuesday May 17 2005 LOG NAME. 12NEZMORITORIUM REFERENCE NO G-14803 SUBJECT Adoption of a Resolution to Enact a 60-Day Moratorium on the Creation of New Neighborhood Empowerment Zones RECOMMENDATION It is recommended that the City Council adopt a Resolution enacting a 60-day moratorium on the creation of new Neighborhood. Empowerment Zones. DISCUSSION On April 25 2000 the City Council approved the Policy Statement on the Creation of Neighborhood Empowerment Zones (NEZ) in accordance with Chapter 378 of the Texas Local Government Code Since that time City Council has created 15 Empowerment Zones They are NEZ Stop Six NEZ created 4/17/01 Ridglea/Como NEZ created 4/2/02 Evans & Rosedale NEZ created 11/19/02 Magnolia Village NEZ created 11/26/02 PolytechnicNVeslyan NEZ created 11/26/02 Rolling Hills NEZ created 1/21/03 Handley NEZ created 5/27/03 Woodhaven NEZ created 5/27/03 NEZ Riverside NEZ created 8/19/03 Hemphill/Berry NEZ created 11/11/03 Berry/University NEZ created 1/06/04 W 7th/University NEZ created 1/27/04 Trinity Park NEZ created 1/27/04 Lake Arlington NEZ created 2/03/04 Wedgewood Square NEZ 4/19/05 These NEZ's cover aproximately 25 square miles in the City Concerns have been raised regarding the number of NEZ's that have been created and the impact that the large number of NEZ's have on individual zones In addition Council has requested that staff evaluate the performance of this development tool and to recommend .changes to address these concerns Therefore City staff recommends that City Council adopt Resolution enacting a 60-day moratorium on the creation of new NEZ's until the evaluation of the existing policy has been completed • FISCAL INFORMATIONlCERTIFICATION Logname 12NEZMORITORIUM Page 1 of 2 The Finance Director certifies this action will have no material effect on City funds. TO Fund/Account/Centers FROM Fund/Account/Centers n i~ ~~ iu~i n~~mw~~s Submitted for City Manager's Office bv• Dale Fissleler (6140) Originating Department Head Jerome Walker (7537) Additional Information Contact: Sarah Odle (7316) • • Logname 12NEZMORITORIUM Page 2 of 2