HomeMy WebLinkAboutResolution 2889_ ° A Resolution
No. ~~
DESIGNATION OF EVANS AND ROSEDALE AREA AS A
NEIGHBORHOOD EMPOWERMENT ZONE
WHEREAS, on April 25 2000, the Crty 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 Crty Council approved the cntena to~ determining
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 Evans and Rosedale
Neighborhood Empowerment Zone ("Evans and Rosedale NEZ") would promote (1) the creation or
rehabilitation of affordable housing in the zone, or (2) an increase in 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 Evans and Rosedale NEZ
benefits and is for the public purpose of increasing public health, safety and welfare; and
WHEREAS, the City Council finds that the Evans and Rosedale 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 in the preamble of this Resolution are hereby found
and declared to be true and correct.
Section 2. The Evans and Rosedale NEZ is hereby created as defined by the map shown. on Exhibit
A.
Section 3. The City Council adopts all basic incentives as described rn the Neighborhood
Empowerment Zone Basic Incentives (M&C G-13662) and as amended for the Evans and Rosedale
NEZ.
Section 4 The des gnation sAha1ll expire on October 19 2012.
Adopted this day of f y ~ , 2002
A
s
Mayor Kenneth Barr
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CITY OF FORT WORTH ~`$'' ~``
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