HomeMy WebLinkAboutResolution 3233-07-2005a
A Resolution
NO 3x33 °o~ dos
MORATORIUM ON ALL INCENTIVES IN THE STOP SIX NEIGHBORHOOD
EMPOWERMENT ZONE
WHEREAS, the Stop Six Neighborhood Empowerment Zone (NEZ) was adopted
on April 17, 2001 and enlarged on February 24, 2004, and
WHEREAS, on May 17, 2005, the City Council adopted a 60 day moratorium
on the creation of new Neighborhood Empowerment Zones, in order to allow staff to
evaluate the performance of all Neighborhood Empowerment Zone incentives and
their related policies and procedures, and
WHEREAS, on June 14, 2005, it was requested that a 45 day moratorium be
placed on all benefits within the Stop Six NEZ in order that staff can evaluate and
recommend revisions to existing public notification guidelines for the NEZ program,
and
WHEREAS, this moratorium would apply only to new applications, and not to
applications for NEZ incentives that were submitted prior to the adoption of this
resolution, and
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF FORT WORTH, TEXAS
1) That the Fort Worth City Council hereby enacts a 45 day moratorium
on NEZ benefits or incentives in the Stop Six Neighborhood
Empowerment Zone in the City of Fort Worth
2) This moratorium would apply only to new applications, and not to
applications for NEZ incentives that were submitted prior to the
adoption of this Resolution
Adopted this 5~ _ day of __~v~~_________ 2005
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Nlarty~ HendrrY City~Sec~etary
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APPROVED
CITY COUNCIL
JUL 5 2005
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City Secretary of the
City of Fort Worth, Texas