HomeMy WebLinkAboutResolution 3041r ~+'
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A R~e~ol tion
DESIGNATION OF LAKE A INGTON 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 City Council approved the cntena to detenmmng whether an
area would be eligible to be designated as a Neighborhood Empowerment Zone; and
WHEREAS, the City Council finds that the creation of the Lake Arlington Neighborhood
Empowerment Zone ("Lake Arlington NEZ") and granting the NEZ incentives to certain zoning districts
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 City Council finds that the creation of the Lake Arlington NEZ benefits and is for
the public purpose of increasing public health, safety and welfare• and
WHEREAS, the City Council finds that the Lake Arlington 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 Lake Arlington NEZ is hereby created as defined by the legal descnption and map attached as
Exhibit A.
Section 3 The City Council adopts all basic incentives as described in the Neighborhood Empowerment
Zone Basic Incentives (M&C C 19551 & G-13984) and as amended for the following zoning districts in the
Lake Arlington NEZ
Residential Districts. A-43 A 21 A 10 A 7.5 A 5 AR, B R1 R2, CR, C, and MH.
Commercial Districts. ER, E, MU 1 and FR
Section 4. The designation shall expire on February 2, 2014
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Adopted this..._ =~ day of~~ 2K~ 2004
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EXHIBIT A
Fort Worth Neighborhood Empowerment
Reinvestment Zone No 16
General Description
The area to be designated as Fort Worth Neighborhood Empowerment Reinvestment Zone No 16
for tax abatement purposes contains 1 98 square miles of land and is described below
On the North Beginning at the northbound frontage road of East Loop 820 and the northwest
corner of Lot 1 Block 26, Carver Heights subdivision, as recorded m the Tarrant Plat Records m
Volume 388-6, Page 96 thence eastwardly along the northern property lines of Lots 1 2, 3 4 5 6,
7 8, 9 10 Block 26, Carver Heights subdivision, as recorded m the Tarrant Plat Records m Volume
388-6, Page 96, thence southeasterly along the northeastern property lines of Lots 11 12, 13 Block
26 Carver Heights subdivision, as recorded in the Tarrant Plat Records in Volume 388-6, Page 96
thence southeasterly along the northeastern property line of Tract A, Block 26, Carver Heights
subdivision, as recorded in the Tarrant Plat Records in Volume 388-15 Page 626, thence
southeasterly along the northeastern property line of Lots 18, 19 20 21 22, 23 24 25 26 27 28
29 30 31,32, 33 34 35 36 37 38 39 Block 26, Carver Heights subdivision, as recorded m the
Tarrant Plat Records m Volume 388-6, Page 96, thence southeasterly to Lot 41R1 Block 26 Carver
Heights subdivision, as recorded m the Tarrant Plat Records m Volume 388-15 Page 598, thence
southeasterly to Tract B Lot 26, as recorded in the Tarrant Plat Records in Volume 388-15 Page
598 to the northeast corner of Tract B Block 26, Carver Heights subdivision, thence east across
Lake Arlington to Abstract 269 Tract 1D J A Creary Survey as recorded in the Tarrant Deed
Records in Volume 15635 Page 383 thence continuing eastward crossing Abstract 269 Tract 1D
J A Creary Survey to the Fort Worth city limit.
On the East: Beginning at the Fort Worth city limit, thence south along the Fort Worth city limit
line to the northern nght-of way of Interstate 20
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On the -South Beginning at the intersection of the Fort Worth city hmrts and the westbound
• frontage road of Interstate 20 thence west along the westbound frontage road of Interstate 20 to the
northbound frontage road of East Loop 820
On the West: Beginning at the intersection of the westbound frontage road of Interstate 20 and the
northbound frontage road of East Loop 820 thence north along the northbound frontage road of
East Loop 820 to the point of beginning.
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