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HomeMy WebLinkAboutResolution 3100-,:: .~ A Res u 'on o ~: NO REDUCING THE BOUNDARIES OF THE TRINITY PARK NEIGHBORHOOD EMPOWERMENT ZONE WHEREAS, pursuant to Resolution No 293$, adopted by the City Council on April 22, 2003 as amended by M&C G-13984 approved by the City Council on May 27 2003 the City has elected to grant certain incentives for individuals and entities who own or lease property located wrthm a Neighborhood Empowerment Zone that has been designated m accordance with Chapter 378 of the Texas Local Government Code (the "NEZ Policy"); and WHEREAS, pursuant to Resolution No 3039 adopted by the City Council on January 27 2004 the City Council created the Trinity Park Neighborhood Empowerment Zone ("Trinity Park NEZ")• and WHEREAS, the Crty wishes to reduce the boundaries of the Trinity Park NEZ by removing the property described in Exhibit "A" attached hereto and hereby made a part of this Agreement for all purposes (the "Property"), from the Trinity Park NEZ, NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH 1 That the Property is hereby removed from the Trinity Park NEZ, effective from and after the adoption of this Resolution. 2. That from and after the adoption of this Resolution, none of the incentives set forth m the NEZ Policy shall be available to any owner lessee or interest holder of all or any portion of the Property solely pursuant to the NEZ Policy AND IT IS SO RESOLVED Adopted and effective thi~ day of ~%Gi.~Z.....~2004 ~'`~; ~~' ATTEST ~c~""~;, s-,,, ,~` R „~ By ~~ •,~ ~-~ c ~ f 'h F R dy~ "B~ ~ ~ ~ttq SeG~g ~ teas ~, ~ti~ ~' ~azt ~/®rtB~,'Y'e~sr «: Sylvia Glover Actin Cit Secret ~ `~ w" g Y ~"Y M&C _. ~g'i'Y ~~ ~il~i~~!' 11!/t~~~~ ..P..,; EXHIBIT "A" •:! LEGAL DESCRIPTION OF THE PROPERTY BEING REMOVED FROM THE TRINITY PARS NEZ BEING all that certain lot, tract or parcel of land situated m the Crty of fort Worth, Tarrant County Texas, and being all of Lot 1 m Block 1 of Montgomery Ward & Company Addition, an addition to the City of fort Worth, Texas, according to the plat thereof recorded m Volume 388-138 at Page 5 of the Plat Records of Tarrant County Texas, and being more particularly described by metes and bounds as follows, BEGINNING at an `x" found m concrete m the East right of way line of Carroll Street (64 foot right of way) for the Northwest corner of said Lot 1 in Block 1 of Montgomery Ward & Company Addition, THENCE South 89° 55 00" East (Bearing Basis is the plat of Montgomery Ward & Company Addition recorded in Volume 388-138 at Page 5 of the Plat Records of Tarrant County Texas) along the North line of said Lot 1 m Block 1 of Montgomery Ward & Company Addition, and being common to South line of the Weisenberger Addition, an addition to the City of Fort Worth, Texas, according to the plat thereof recorded m Volume 388-A at Page 120 of the plat Records of Tarrant County Texas, for a distance of 1419 00 feet to a 1/2" iron rod found for the Northeast corner of said Lot 1 in Block 1 of the Montgomery Ward & Company Addition, said point also being m the West right of way hne of the St. Louis -San Francisco -Texas Railroad (125 foot right of way)- THENCE South 22° 07' 45" West along the common lzne of said. Lot 1 in Block 1 of the Montgomery -- Ward & Company Addition and the St. Louis -San Francisco -Texas Railroad for a distance of 2134 15 feet to a p.lc. nail found for the Southeast corner of said Lot 1 in Block 1 of the Montgomery Ward & Company Addition, said point also being m the North right of way hne of West Seventh Street 100 foot right of way)• THENCE North 89° 59' S8" West along the common line of Lot 1 in Block 1 of the Montgomery Ward & Company Addition and West Seventh Street for a distance of 615 07 feet to a 1/2" vron rod found for the Southwest corner of Lot 1 m Block 1 of the Montgomery Ward & Company Addition, said point also being m the East right of way hne of Carroll Street (64 foot right of way) THENCE North along the common line of said Lot 1 m Block 1 of the Montgomery Ward & Company Add~hon and the East right of way line of Carroll Street for a distance of 1979 00 feet to the POINT OF BEGINNING and CONTAINING 46 1911 ACRES OF LAND more or less. ~:='Jl''Y turf' 1~l~~"1' ~~-~i'~'l~