HomeMy WebLinkAboutResolution 3048A Resolution
No.
EXPANSION OF THE STOP SIX
NEIGHBORHOOD EMPOWERMENT ZONE
WHEREAS, on Apri125 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 determining whether an
area would be eligible to be designated as a Neighborhood Empowerment Zone; and
WHEREAS, on April 17 2001 the City of Fort Worth City Council ("Council") approved the
creation of the Stop Six Neighborhood Empowerment Zone (NEZ) and Fort Worth Neighborhood
Empowerment Reinvestment Zone (FWNERZ) No 1 and
WHEREAS, it is being proposed that the Stop Six NEZ be expanded so that the proposed boundary
of the Stop Six NEZ would be the Union Pacific Railroad on the north, Oakland Boulevard, Hughes Avenue
and Edgewood Terrace on the west, East Loop 820 on the east and Eastland Street and Wilbarger on the
south, as shown on Exhibit A, and
WHEREAS, the City Council finds that the expansion of the Stop Six Neighborhood Empowerment
Zone ("Stop Six NEZ") would promote (1) the creation or rehabilitation of affordable housing m the zone, or
(2) an increase m economic development in the zone, or (3) an increase in 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 Stop Six NEZ benefits and is for the
public purpose of increasing public health, safety and welfare; and
WHEREAS, the City Council finds that the Stop Six NEZ satisfies the requirements of §312.202 of
the Tax Code, and
WHEREAS, the City Council finds that the proposed expansion of Stop Six NEZ meets the cntena
for NEZ designation.
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 Stop Six NEZ is hereby expanded as defined by Exhibit A.
Section 3. The City Council adopts all basic incentives as described m the Neighborhood Empowerment
Zone Basic Incentives (M&C G 13662R and C 19551) and as amended for the Stop Six NEZ expansion
area.
Section 4. The designation shall expire with the original designation on April 17 2011
Adopted this 24th day of February 2004
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EXHIBIT A
Fort Worth Neighborhood Empowerment
Reinvestment Zone No 17
General Description
The area to be designated as Fort Worth Neighborhood Empowerment
Reinvestment Zone No 17 for tax abatement purposes contains 4 1 square
nvles of land and is described below
On the North Beginning at the intersection of Umon Pacific Railroad and
the northwest corner of Lot 1, Block 2 of the Murray Hill Addition, as
recorded m Volume 63, Page 117 of the Tarrant County plat records,
thence east on Umon Pacific Road to Tierney Road, thence north on
Tierney Road to Old Handley Road, thence east on Old Handley Road to
Union Pacific Railroad, thence east on Union Pacific Railroad to Interstate
820
On the East: Begmmng at the intersection of Interstate 820 South and
Union Pacific Railroad, thence south along Interstate 820 South to Oakdale
Dnve
On the South Beginning at the intersection of Interstate 820 South and
Oakdale Dnve, thence west on Oakdale Dnve to Nelms Dnve, thence
south on Nelms Dnve to Wilbarger Street, thence west on Wilbarger Street
to Carey Road, thence south on Carey Road to Brush Creek Road, thence
west on Brush Creek Road to Village Creek Boulevard, thence south on
Village Creek Boulevard to the westbound frontage road of U S Highway
287, thence west on the westbound frontage road of U S Highway 287 to
its intersection with the southwest corner of Lot 1, Block SR of the Village
Creek Industnal Park Addition, as recorded in Volume 388-1, Page 67 of
the Tarrant County plat records, thence north along the western property
line of Lot 1, Block SR of the Village Creek Industnal Park Addition, as
recorded in Volume 388-1, Page 67 of the Tarrant County plat records to
the southeast corner of Lot 1, Block 4 of the Edgewood Park Addition, as
recorded in Volume 388-2, Page 65 of the Tarrant County plat records,
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thence north along the eastern property line of Lot 1, Block 4 of the
Edgewood Park Addition, as recorded in Volume 388 2, Page 65 of the
Tarrant County plat records to Wilbarger Street, thence west on Wilbarger
Street to Edgewood Terrace, thence north on Edgewood Terrace to
Eastland Street, thence west on Eastland Street to Hughes Avenue
On the West: Begmmng at the intersection of Hughes Avenue and
Eastland Street, thence north on Hughes Avenue to Berry Street, thence
east on Berry Street to Edgewood Terrace, thence north on Edgewood
Terrace to Forbes Street, thence west on Forbes Street to Miller Avenue,
thence north on Miller Avenue to Avenue N, thence east on Ave N to
Coleman Avenue, thence north on Coleman Avenue to Avenue J, thence
west on Avenue J to Miller Avenue, thence north on Miller Avenue to
Rosedale Street, thence east on Rosedale Street to the southwest corner of
Lot 10, Block 1 of the Murray Hill Addition, as recorded m Volume 63,
Page 117 of the Tarrant County plat records, thence north along the
western property line of Lots 10, 9, 8, 7, 6, 5, 4, 3, 2, and 1, Block 1 of the
Murray Hill Addition, as recorded in Volume 63, Page 117 of the Tarrant
County plat records, to the northwest corner of Lot 1, Block 1 of the
Murray Hill Addition, as recorded in Volume 63, Page 117 of the Tarrant
• County plat records, thence north across Windomere Street to the
southwest corner of Lot 9, Block 2 of the Murray Hill Addition, as
recorded m Volume 63, Page 117 of the Tarrant County plat records,
thence north along the western property line of Lots 9, 8, 7, 6, 5, 4, 3, 2,
and 1, Block 2 of the Murray Hill Addition, as recorded in Volume 63,
Page 117 of the Tarrant County plat records, to the northwest corner of Lot
1, Block 2 of the Murray Hill Addition, as recorded in Volume 63, Page
117 of the Tarrant County plat records, thence north to the Umon Pacific
Railroad.
The area bounded by Avenue G on the north, Liberty Street on the east,
Calumet Street on the south, and Amanda Avenue on the west is not
included m Fort Worth Neighborhood Empowerment Reinvestment Zone
No 17
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I
EXHIBIT A Stop Six NEZ Expansion Map Fort Worth, Texas
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CFW Housing Department 1/27/03EXHIBIT