HomeMy WebLinkAboutResolution 3039.., ~
A Resolution
No. ~~_
DESIGNATION OF TRINITY PARK AREA AS A
NEIGHBORHOOD EMPOWERMENT ZONE
WHEREAS, on April 25 2000 the City of Fort Worth City Council ("Council") approved a Policy
Statement on the Creation of Local Neighborhood Empowerment Zones, and
WHEREAS, on October 3 2000 the Czty Council approved the criteria to determining whether an
area would be eligible to be designated as a Neighborhood Empowerment Zone, and
WHEREAS, the Crty Council finds that the creation of the Trinity Park Neighborhood
Empowerment Zone ("Tnmty Park NEZ") would promote (1) the creation or rehabilitation of affordable
housing m the zone, or (2) an increase in economic development m the zone, or (3) an increase m the quality
of social services, education or public safety provided to the residents of the zone and
WHEREAS, the Crty Council finds that the creation of the Tnmty Park NEZ benefits and is for the
public purpose of increasing public health, safety and welfare• and
WHEREAS, the City Council finds that the Tnmty Park NEZ satisfies the requirements of §312.202
of the Tax Code
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT
WORTH, TEXAS THAT
Section 1 The facts and recitations contained m the preamble of this Resolution are hereby found and
declared to be true and correct.
Section 2. The Trinity Park NEZ is hereby created as defined by the legal description and map attached as
Exhibit A.
Section 3. The City Council adopts all basic incentives as described m the Neighborhood Empowerment
Zone Basic Incentives (M&C C 19551 & G 13984) and as amended for the Trinity Park NEZ.
Section 4. The desl~atio shall expire on January 12, 2014
Adopted thisOO~ day of , 2004
i~:~'~~~~~`~~
~6AS~ ~~ 20~
AT .:E ~ T ~-'-- "~"
~.
r
~~~~