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HomeMy WebLinkAboutResolution 2661A Resolution Resolution No 2 66 A RESOLUTION NOMINATING ADMIRAL LINEN SERVICE, INC AS AN ENTERPRISE PROJECT PURSUANT TO CHAPTER 2303 SUBCHAPTER F OF THE TEXAS ENTERPRISE ZONE ACT TEXAS GOVERNMENT CODE. WHEREAS, the Texas Department of Economic Development ("Department") designated the City of Fort Worth South Enterprise Zone (the `Zone') on May 10 2000• and WHEREAS, the City of Fort Worth (the `City") desires to pursue the creation of the proper economic and social environments m order to induce the investment of private resources m productive business enterprises located in the Zone and to provide employment to residents of the Zone and to other economically disadvantaged individuals, and WHEREAS, pursuant to Chapter 2303 Subchapter F of the Texas Enterprise Zone Act, Texas Government Code (the Act"), Admiral Linen Service, Inc has requested the City to nominate it to the Department for designation as an enterprise project; and, WHEREAS, Department will consider Admiral Linen Service, Inc which is located within the Zone as an enterprise project pursuant to a nomination and an application made by the City and WHEREAS, the City finds that Admiral Linen Service, Inc meets the criteria for designation as an enterprise project under Chapter 2303 Subchapter F of the Act on the following grounds. 1 Admiral Linen Service, Inc is a qualified business" under Section 2303 402 of the Act since rt will be engaged m the active conduct of a trade or business m the Zone and at least twenty five percent (25 0%) of the business s new employees will be residents of a Zone wrthm the City's jurisdiction or economically disadvantaged individuals, as defined by the Act; 2 Admiral Linen Service, Inc is located m the Zone which has an unemployment rate of not less than one and one half (1'/2) times the state unemployment rate; 3 There has been and will continue to be a high level of cooperation between public, private, and neighborhood entities within the Zone; and 4 The designation of Admiral Linen Service, Inc as an enterprise project will contribute significantly to the achievement of the plans of the City for development and revitalization of the Zone; and WHEREAS, the City finds that it is m the best interest of the City to nominate Admiral Linen Service, Inc as an enterprise project pursuant to the Act; CITY OF FORT WORTH NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH. 1 That the findings of the City and its actions approving this Resolution taken at the council meeting are hereby approved and adopted. 2 That Admiral Linen Service, Inc is a qualified business" as defined m Section 2303 402 of the Act, and meets the criteria for designation as an enterprise project, as set forth in Section 2303 Subchapter F of the Act. That the City Manager or his designee is authorized to nominate and make application to the Department for designation of Admiral Linen Service, Inc as an enterprise project. 4 That the enterprise project shall take effect on the date of designation of the enterprise project by the Department and terminate five (5) years after that date of designation. PASSED BY THE CITY COUNCIL of the City of Fort Worth this 29"'day of August, 2000 f ~~ Kenneth Barr Mayor THE STATE OF TEXAS COUNTY OF TA,RRANT BEFORE ME, the undersigned authority on this day personally appeared ~0 ~~X~i~ A~ cif the City of Fort Worth, Texas, known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he/she executed the same for the purposes and consideration therein expressed. GIVEN under my hand and seal of office this ~ day of August, 2000 ~,arq~ GLORIA PEARSON ~ ~ t STATETE OF TEXA$ ~ ~ Notary Public, S ate of Texas THE STATE OF TEXAS ''~o~~ My ~,,,, ~. ~~~~~ CO TY OFT I, of the City of Fort Worth certify that the bove and foregoing i a true and co t copy of Resolution Number the Citywof,F~rt Worth City Council o the 29"' day of August, 2000 r~~ ~ ~: "'acv ~..... ~' ~_ -(City Seal) ~..~, ~~,. `' '~ ~. W ,,, ~.,~^. ,- =. .sfl~fi,. ~ r ' ~~T ~. ~,~ ~T ~5 ~,.,,,,-A ~ ~s APPROVED CITY COUNCIL AUG 2g 2000 ~~~~i setarv of the Texas do hereby passed by Gloria Pearson City Secretary CITY OF FORT WORTH