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HomeMy WebLinkAboutOrdinance 23223-05-2018 ORDINANCE NO. 23223-05-2018 AN ORDINANCE RENEWING AND RE-DESIGNATING A CERTAIN AREA IN THE CITY OF FORT WORTH AS "NEIGHBORHOOD EMPOWERMENT REINVESTMENT ZONE NO.10, CITY OF FORT WORTH, TEXAS"; PROVIDING THE EFFECTIVE AND EXPIRATION DATES FOR THE ZONE AND A MECHANISM FOR RENEWAL OF THE ZONE; AND CONTAINING OTHER MATTERS RELATED TO THE ZONE. WHEREAS, pursuant to the City Council's adoption on May 16, 2017 of Resolution No. 4782-05-2017 (M&C G- 19010), the City of Fort Worth, Texas (the "City") has elected to be eligible to participate in tax abatement and has established guidelines and criteria governing tax abatement agreements entered into between the City and various third parties, as authorized by and in accordance with the Property Redevelopment and Tax Abatement Act, codified in Chapter 312 of the Texas Tax Code (the"Code"); and WHEREAS, the City Council desires to promote the development of the area in the City more specifically described in Exhibit"A"of this Ordinance (the "Zone")through the creation of a reinvestment zone for purposes of granting residential and commercial-industrial tax abatement, as authorized by and in accordance with Chapter 312 of the Code; and WHEREAS, on May 27, 2003, the City Council designated the Woodhaven area as a Neighborhood Empowerment Zone by Resolution No. 2951 (M&C G-13984) to 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 renewed the designation of the Woodhaven Area as a Neighborhood Empowerment Zone in 2013 by Resolution No. 4210-05-2013 for a period of ten years; and WHEREAS, on May 21, 2013, the City Council re-designated the Woodhaven area as Neighborhood Empowerment Reinvestment Zone No. 10 by Ordinance Number 20760 (M&C G- 17904); and WHEREAS, in accordance with Chapter 312.203 of the Code, the designation of a reinvestment zone for residential or commercial-industrial tax abatement expires five years after the date of the designation; and WHEREAS, Chapter 312.203 of the Code allows for a reinvestment zone to be renewed for a period not to exceed five years; and WHEREAS, the Zone shall expire on and the City Council wishes to renew the Zone for a period of five years; and WHEREAS, on May 15, 2018, the City Council held a public hearing regarding the renewal of the Zone ("Public Hearing"); and WHEREAS, notice of the Public Hearing was published in a newspaper of general circulation in the City on May 3, 2018; and WHEREAS, notice of the Public Hearing was delivered in writing not later than the seventh day before the date of the public hearing to the presiding officer of the governing body of each taxing unit that includes in its boundaries real property that is to be included in the proposed Zone; and WHEREAS, the Neighborhood Empowerment Zone No. 10 will promote the creation of affordable housing in the zone and an increase in economic development in the Zone; 2 NOW,THEREFORE,BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: SECTION 1. FINDINGS. That after reviewing all information before it regarding the establishment of the Zone and after conducting the Public Hearing and affording a reasonable opportunity for all interested persons to speak and present evidence for or against the creation of the Zone, the City Council hereby makes the following findings of fact: 1.1. The statements and facts set forth in the recitals of this Ordinance are true and correct. Therefore,the City has met the notice and procedural requirements established by the Code for renewal of a reinvestment zone under Chapter 312 of the Code; and 1.2. That the boundaries of the reinvestment zone shall be the boundaries as described in Exhibit"A"which is attached hereto and made a part hereof; 1.3. The Zone meets the criteria for the designation of a reinvestment zone as set forth in Section 312.202 of the Code, as amended, in that the area is reasonably likely as a result of the designation to contribute to the retention or expansion of primary employment or to attract major investment in the zone that would be a benefit to the property and that would contribute to the economic development of the municipality. 1.4. Future improvements in the Zone will benefit the land included in the Zone as well as the City for a period in excess of ten (10) years, which is the statutory maximum term of any tax abatement agreement entered into under Chapter 312 of the Code. 3 SECTION 2. RENEWAL AND RE-DESIGNATION OF ZONE. That the City Council hereby renews and re-designates the Zone described in the boundary description attached hereto as Exhibit"A"and made a part of this Ordinance for all purposes as a reinvestment zone for purposes of granting residential and commercial-industrial tax abatement, as authorized by and in accordance with Chapter 312 of the Code. The Zone shall continue to be known as"Neighborhood Empowerment Reinvestment Zone No. 10, City of Fort Worth, Texas". The area within the Zone is eligible for residential and commercial-industrial tax abatement pursuant to Resolution No. 4210. SECTION 3. TERM OF ZONE. That the Zone shall be renewed upon May 15, 2018, and expire five (5) years thereafter. The Zone may be renewed by the City Council for one or more subsequent terms of five (5) years or less. SECTION 4. SEVERABILITY. That if any portion, section or part of a section of this Ordinance is subsequently declared invalid, inoperative or void for any reason by a court of competent jurisdiction, the remaining portions, sections or parts of sections of this Ordinance shall be and remain in full force and effect and shall not in any way be impaired or affected by such decision, opinion or judgment. SECTION 5. EFFECTIVE DATE. That this Ordinance shall take effect upon its adoption. AND IT IS SO ORDAINED. 4 ADOPTED AND EFFECTIVE: May 15, 2018 APPROVED AS TO FORM AND LEGALITY: ATTEST: B (l� B Y• Y• Melinda Ramos Mary J. lqq- Senior Assistant City Attorney City Secretary M&C: G-19286 DATE: Max 15, 2018 5 EXHIBIT A Fort Worth Neighborhood Empowerment Reinvestment Zone No. 10 Woodhaven General Description The area to be re-designated as Fort Worth Neighborhood Empowerment Reinvestment Zone No. 10 for tax abatement purposes contains 1.49 square miles of land and is within the area described below: The area to be re-designated as Fort Worth Neighborhood Empowerment Reinvestment Zone No. 10 for tax abatement purposes contains 1.49 square miles of land and is within the area described below: On the North: Beginning at the intersection of Interstate Highway 820 East Southbound and the northeast corner of Tract IA, W N Ray Survey, Abstract A-1353, as recorded in the Tarrant County Deed Records in Volume 14668, Page 303,thence west along the northern boundary line of said tract to the northeast corner of Tract IF, James F Redding Survey, Abstract A-1302, as recorded in the Tarrant County Deed Records in Volume 14668,Page 303,thence west along the northern boundary of Tract IF to the northern boundary of Tract IE, James F Redding Survey, Abstract A-1302, as recorded in the Tarrant County Deed Records in Volume 8968, Page 476, thence west along the northern boundary of Tract IE,James F Redding Survey,Abstract A-1302, to the intersection of Handley-Ederville Rd, thence west across Handley-Ederville Rd to the northern boundary of Tract 1 E, James F Redding Survey, Abstract A-1302, as recorded in the Tarrant County Deed Records in Volume 8968, Page 476, continuing west along the northern boundary to the northeast corner of Tract 1C1, James F Redding Survey, Abstract A-1353, as recorded in the Tarrant County Deed Records in Volume 11453,Page 1068,continuing west along the northern boundary of Tract 1C1,James F. Redding Survey, Abstract A-1353 to the northwest corner of Tract 1C, James F Redding Survey,Abstract A-1353, as recorded in the Tarrant County Deed Records in Volume 11453, Page 1068, thence south along the western border of said Tract 1C to the northwest corner of Tract IA James F Redding Survey, Abstract A-1353, as recorded in the Tarrant County Deed Records in Volume 12321, Page 1366, thence south along the western property line of said Tract IA to Randol Mill Rd, thence south across Randol Mill Rd to the northeast corner of Lot 6A Block 32, Woodhaven Country Club Estates Addition as recorded in the Tarrant County Plat Records in Volume 388-129, Page 486, thence continuing west along Randol Mill Rd to the northwest corner of Lot 70 Block 16, Woodhaven Country Club Estates Subdivision, as recorded in the Tarrant County Plat Records in Volume 388-76, Page 13, thence south along the western property lines of Lots 70 through 61, and 56, 55, 51, 50, and 46, Block 16,Woodhaven Country Club Estates Subdivision,as recorded in the Tarrant County Plat Records in Volume 388-76, Page 13,to Cholla DE', Thence west along Cholla Dr to the southeast corner of Lot 45, Block 16, of the Woodhaven Country Club Estates Subdivision as recorded in the 6 Tarrant County Plat Records in Volume 388-76,Page 13, thence north along the eastern property line of Lot 45, Block 16, of the Woodhaven Country Club Estates Subdivisionas recorded in the Tarrant County Plat Records in Volume 388-76,Page 13,thence north along the northeastern and northern boundary of Lot 43, Block 16 of the Woodhaven Country Club Estates Subdivision as recorded in the Tarrant County Plat Records in Volume 388-76,Page 13,thence northwest along the north and northwestern boundary of Lot 42,Block 16 of the Woodhaven Country Club Estates Subdivision as recorded in the Tarrant County Plat Records in Volume 388-76, Page 13, thence northwest along the northeastern boundary of Lots 40 and 39, Block 16 of the Woodhaven Country Club Estates Subdivision, as recorded in the Tarrant County Plat Records in Volume 388-76, Page 13, and thence west along the northwestern boundary line of Lot 39, Block 16, Woodhaven Country Club Estates Subdivision,as recorded in the Tarrant County.Plat Records in Volume 388-76,Page 13,thence west and southwest along the northern boundary lines of Lot 38, Block 16 of the Woodhaven Country Club Estates Subdivision,as recorded in the Tarrant County Plat Records in Volume 388-76,Page 13,thence south and southeast along the western boundary line of Lot 38, 37, 36, Block 16, Woodhaven Country Club Estates Subdivision, as recorded in the Tarrant County Plat Records in Volume 388-76,Page 13,thence southeast along the southern boundary lines of Lots 35 though 30, Block 16, Woodhaven Country Club Estates Subdivision, as recorded in the Tarrant County Plat Records in Volume 388-76,Page 13,to the southeast corner of Lot 30, Block 16, Woodhaven Country Club Estates Subdivision, as recorded in the' Tarrant County Plat Records in Volume 388-76, Page 13, thence north along the eastern property line of said lot to Cholla Dr, thence east along Cholla Dr to northwest corner of Lot 29, Block 16, Woodhaven Country Club Estates Subdivision,as recorded in the Tarrant County Plat Records in Volume 388-76, Page 13,thence south along the western property line of said lot to its southwest corner,thence east along southern property line of Lot 29 and 28, Block 16, Woodhaven Country Club Estates Subdivision,as recorded in the Tarrant County Plat Records in Volume 388-76,Page 13, to the northwest corner of Lot 26, Block 16, Woodhaven Country Club Estates Subdivision, as recorded in the Tarrant County Plat Records in Volume 388-76, Page 13, thence south along the western property line of Lot 26, Block 16, Woodhaven Country Club Estates Subdivision, as recorded in the Tarrant County Plat Records in Volume 388-76,Page 13,to its southwest corner, thence west along the northern property line of Lots 25 through 16,Block 16,Woodhaven Country Club Estates Subdivision,as recorded in the Tarrant County Plat Records in Volume 388-76,Page 13, and thence north along the northeastern boundary of Lots 15 and 14R,Block 16, Woodhaven Country Club Estates Subdivision, as recorded in the Tarrant County Plat Records in Volume 388-76, Page 13,and then west along the northern boundary of Lot 14R, Block 16, Woodhaven Country Club Estates Subdivision, as recorded in the Tarrant County Plat Records in Volume 388-76, Page 13, and then south along the western boundary of Lots 14R, 13, and 12, Block 16, Woodhaven Country Club Estates Subdivision,as recorded in the Tarrant County Plat Records in Volume 388-76, Page 13, to the northwest corner of Block 14 B, Woodhaven Country Club Estates Subdivision, as recorded in Tarrant County Plat Records in Volume 388-97, Page '2, thence south along the western boundary of Block 14B,Woodhaven Country Club Estates Subdivision, as recorded in the Tarrant County Plat Records in Volume 388-97, Page 25, thence southwest along the northern property line of Block 14A, Woodhaven Country Club Estates Subdivision, as recorded in the Tarrant County Plat Records in Volume 388-97, Page 25, to the northern boundary line of Lot 1 Block 10, Woodhaven Country Club Estates Subdivision, as recorded in the Tarrant County Plat Records in Volume 388-56, Page 33, 7 thence west along the northern boundary of said lot to Oakmont Lane, thence north along Oakmont Lane to the southeast corner of Lot 1, Block 22, Woodhaven Country Club Estates, as recorded in the Tarrant County Plat Records in Volume 388-61, Page 60, thence north along the eastern boundary of Lots 1 through 14, Block 22, Woodhaven Country Club Estates, as recorded in the Tarrant County Plat Records in Volume 388-61, Page 60, thence east along the southern boundary of Lot 15, Block 22, Woodhaven Country Club Estates, as recorded in the Tarrant County Plat Records in Volume 388-61, Page 60, thence north along the eastern boundary of Lot 15, Block 22, Woodhaven Country Club Estates, as recorded in the Tarrant County Plat Records in Volume 388-61, Page 60, thence west along the northern boundary of Lot 15, Block 22, Woodhaven Country Club Estates, as recorded in the Tarrant County Plat Records in Volume 388-61, Page 60, thence north along the eastern boundary of Lot 16, Block 22, Woodhaven Country Club Estates, as recorded in the Tarrant County Plat Records in Volume 388-61, Page 60, thence northwest along the northeastern boundary of Lot 17, Block 22, Woodhaven Country Club Estates, as recorded in the Tarrant County Plat Records in Volume 388-61, Page 60, thence southwest along the western boundary of Lot 17, Block 22, Woodhaven Country Club Estates, as recorded in the Tarrant County Plat Records in Volume 388-61,Page 60, thence southwest along the northwestern boundary of Lots 18, 19, and 20, Block 22, Woodhaven Country Club Estates, as recorded in the Tarrant County Plat Records in Volume 388-61,Page 60,thence west along the northern boundary of Lots 21 through 26, Block 22, Woodhaven Country Club Estates, as recorded in the Tarrant County Plat Records in Volume 388-61, Page thence southeast along the southwestern boundary of Lot 26, 27 and 28, Block 22, Woodhaven Country Club Estates, as recorded in the Tarrant County Plat Records in Volume 388-61, Page 60, thence south along the western boundaries of Lots 29 through 36, Block 22, Woodhaven Country Club Estates, as recorded in the Tarrant County Plat Records in Volume 388-61,Page 60 to the intersection of Lot 36, Block 22 Woodhaven Country Club Estates, as recorded in the Tarrant County Plat Records in Volume 388-91 Page 60,and Oakmont Lane,thence west along Oakmont Lane to the southeast corner of Lot 1, Block 23, Woodhaven Country Club Estates, as recorded in the Tarrant County Plat Records in Volume 388-61, Page 60,thence north along the eastern property line of Lots 1, 3,4,5,6, 7,and 8,Block 23,Woodhaven Country Club Estates,as recorded in the Tarrant County Plat Records in Volume 388-61, Page 60, thence northwest along the northeastern property line of Lots 8 and 9, Block 23, Woodhaven Country Club Estates, as recorded in the Tarrant County Plat Records in Volume 388-61, Page 60, to the northwestern corner of Lot 9, Block 23 Woodhaven Country Club Estates, as recorded in the Tarrant County Plat Records in Volume 388-61, Page 60, and the intersection of Oakmont Lane,thence north along Oakmont Lane to the southwest corner of TR 21-11, J F Redding Survey Abstract A-1302 as recorded in the Tarrant County Deed Records in Volume 14472, page 526; thence northeast along the southern property line to the intersection of the northeastern corner of Tract 2111,J F Redding Survey, Abstract A- 1302 as recorded in the Tarrant County Deed Records in Volume 14472, Page 526, thence northeast along the southern property line of Tract 2111 to the southern boundary Lot 2, Block 1 of Riverchase Addition,as recorded in the Tarrant County Plat Records in Volume A,Page 7470, thence northeast along the southern boundary line of Lot 2,Block 1 to the southeast boundary line of Tr 1B, George W Main Survey Abstract A-1097 as recorded in the Tarrant County Deed Records in Volume 13521, Page 557 thence northeast along the eastern boundary of Tr 1B, George W. Main Survey Abstract A-1097 as recorded in the Tarrant County Deed Records in Volume 13521, Page 557,to Randol Mill Rd,thence west along Randol Mill Rd to the northwest corner of Tract 2H,J F Redding Survey,Abstract A-1302 as recorded in the Tarrant County Deed 8 Records in Volume 13341, Page 470, thence south along the western property line of Tract 2H and Tract 2112 , J F Redding Survey, Abstract A-1302 as recorded in the Tarrant County Deed Records in Volume 13341, Page 470, thence east along the southern boundary of Tract 2H and Tract 21-12,J F Redding Survey,Abstract A-1302 as recorded in the Tarrant County Deed Records in Volume 13341, Page 470, to the intersection of the northwest corner of Lot 10, Block 25 Woodhaven Country Club Estates Addition Volume 388-61, Page 60, thence south along the western property line of Lots 10 through 2, Block 25 Woodhaven Country Club Estates Addition Volume 388-61, Page 60 to the northwest corner of Lot IUR, Block 25 Woodhaven Golf Villas, as recorded in the Tarrant County Plat Records in Volume 388-91, Page 31 thence south along the western property line of Lots 1 UR, 1 TR, 1 S, 1 R, 1 Q, 1 P, 10,Block 25 Woodhaven Golf Villas, as recorded in the Tarrant County Plat Records in Volume 388-91, Page 31 then east along the southern boundary line of Lot 10 Block 25 Woodhaven Golf Villas, as recorded in the Tarrant County Plat Records in Volume 388-91, Page 31 to the intersection of Putter Drive, thence south along Putter Drive to the intersection of the most northeastern corner of Lot IN, Block 25, Woodhaven Golf Villas, as recorded in the Tarrant County Plat Records in Volume 388-91 Page 31, thence south along the western boundary line of Lot IN, Block 25, Woodhaven Golf Villas recorded in the Tarrant County Plat Records in Volume 388-91, Page 31, thence east along the southern boundary lines of Lot IN, IM, IL, IK, Block 25 Woodhaven Golf Villas, recorded in the Tarrant County Plat Records in Volume 388-91, Page 31, thence north along the eastern boundary lines of 1 K, 1 J, l I, Block 25 Woodhaven Golf Villas recorded in the Tarrant County Plat Records in Volume 388-91, Page 31 to the southeast corner of Lot 1ER, Block 25, Woodhaven Golf Villas recorded in the Tarrant County Plat Records in Volume 388-91,Page 31, thence north along the eastern boundary lines of Lot 1ER, IDR, 1 CR, Block 25 Woodhaven Golf Villas recorded in the Tarrant County Plat Records in Volume 388-91,Page 31,to Oakmont Lane, thence east along Oakmont Lane to northwest corner of Lot 23, Block 20, Woodhaven County Club Estates, as recorded in the Tarrant County Plat Records in Volume 388-61, Page 60 thence south along the western property line of Lots 23 through 20, Block 20 Woodhaven County Club Estates, , as recorded in the Tarrant County Plat Records in Volume 388-61, Page 60, to the northwest corner of Lot 28 Block 1, Havenwood Golf Villas Addition as recorded in the Tarrant County Plat Records in Volume 388-120, Page 30, thence southwest along the western property line of Lots 28 and 27, Block 1 Havenwood Golf Villas Addition as recorded in the Tarrant County Plat Records in Volume 388-120, Page 30, to the northwest corner of Lot 24, Block 1 Havenwood Golf Villas Addition,as recorded in the Tarrant County Plat Records in Volume 388- 120, Page 30,thence southwest along the western boundary lines of Lots 24 through 18 and 16R, Block 1, Havenwood Golf Villas Addition, as recorded in the Tarrant County Plat Records in Volume 388-120, Page 30, thence south along the western boundary of Lot 16R, Block 1 Havenwood Golf Villas Addition,as recorded in the Tarrant County Plat Records in Volume 388- 120, Page 30, thence east along the southern boundary 16R, 15, 13, 12, and 11, Block 1 Havenwood Golf Villas Addition,as recorded in the Tarrant County Plat Records in Volume 388- 120, Page 30, thence northeast along the eastern property lines of Lots 11, 8 through 4, and. 3R and 2R,Block 1,Havenwood Golf Villas Addition as recorded in the Tarrant County Plat Records in Volume 388-120, Page 30,thence north along the eastern boundary of Lots 7, 6, 5, 1,Block 20 Woodhaven Country Club Estates as recorded in Volume 388-61, Page 60 of the Tarrant County Plat Records to Oakmont Lane,thence south along Oakmont Lane to Lot 16,Block 9,Woodhaven County Club Estates, as recorded in Volume 388-56, Page 33 of the Tarrant County Plat Records thence west along the northern property line of Lot 16, Block 9 Woodhaven County Club Estates 9 as recorded in Volume 388-56,Page 33 of the Tarrant County Plat Records to the northwest corner of Lot 16, Block 9 Woodhaven County Club Estates as recorded in Volume 388-56, Page 33 of the Tarrant County Plat Records, thence south along the western property line of Lots 16 through 8, Block 9, Woodhaven Country Club Estates as recorded in Volume 388-56, Page 33 of the Tarrant County Plat Records thence west along the northern property line of Lots 7 through 2, Block 9, Woodhaven Country Club Estates as recorded in Volume 388-56,Page 33 of the Tarrant County Plat Records to the southeast corner of Lot 1,Block 30,Woodhaven Country Club Estates, as recorded in Volume 388-115, Page 8, Tarrant County Plat Records, thence north along the eastern boundary of Lot 1, Block 30 Woodhaven Country Club Estates as recorded in Volume 388-115, Page 8 of the Tarrant County Plat Records, following the boundary line north and west to the intersection of the southeast corner of Block ZR, of Woodhaven Heights Addition as recorded in the Tarrant County Plat Records in Volume 388-125,Page 93,thence north along the eastern boundary line of the Block ZR, Woodhaven Heights Addition, following the boundary line west and then south to the northwest corner of Lot 6, Block 4 of the Woodhaven Heights Addition as recorded in Volume 388-110,Page 6 of the Tarrant County Plat Records,thence south along the western boundary lines of Lots 6 though 1, Block 4 Woodhaven Heights Addition, as recorded in Volume 388-110, Page 6 of the Tarrant County Plat Records, back to Block ZR Woodhaven Heights Addition as recorded in Volume 388-125, Page 93 of the Tarrant County Plat Records,thence following the southwestern boundary of Block ZR to the southwestern corner of Lot 4, Block 2, Woodhaven Heights Addition as recorded in Volume 388-110, Page 6 of the Tarrant County Plat Records , thence southeast along the southern boundary lines of Lots 4 through 1 Block 1, Woodhaven Heights Addition as recorded in Volume 388-110, Page 6 of the Tarrant County Plat Records,thence at the southeast corner of Lot 1 Block 2,Woodhaven Heights Addition, as recorded in Volume 388-110,Page 6 of the Tarrant County Plat Records north along the eastern boundary line of Lot 1 Block 2,Woodhaven Heights Addition as recorded in Volume 388-110, Page 6 of the Tarrant County Plat Records northeast corner of Block 1R, as recorded in Volume 388-125, Page 93 of the Tarrant County Plat Records to the northwest corner of Lot 39, Block 6, Woodhaven Country Club Estates,as recorded in Volume 388-89,Page 54 of the Tarrant County Plat Records thence southeast along the southwestern property line of Lots 39 through 36, Block 6,Woodhaven Country Club Estates,as recorded in Volume 388-89,Page 54 of the Tarrant County Plat Records thence same along Lots 35 to 30, Block 6, as recorded in Volume 388-75, Page 49 of the Tarrant County Plat Records to the southeast corner of Lot 30,Block 6,Woodhaven Country Club Estates,as recorded in Volume 388-75,Page 49 of the Tarrant County Plat Records then east to Country Club Lane,thence south along Country Club Lane to the northeast corner of Lot 28, Block 6, Woodhaven Country Club Estates, as recorded in Volume 388-56, Page 33 of the Tarrant County Plat Records thence west along the northern property line of Lots 28 through 22, Block 6 Woodhaven Country Club Estates, as recorded in Volume 388-56, Page 33 of the Tarrant County Plat Records thence northwest along the eastern property line of Lots 21R, 20B, 20A, 12, Block 6 Woodhaven Country Club Estates as recorded in Volume 388-56, Page 33 of the Tarrant County Plat Records, thence west along the northern property line of Lots 12, 11, 10, Block 6, Woodhaven Country Club Estates as recorded in Volume 388-56, Page 33 of the Tarrant County Plat Records to the northwest corner of Lot 10,Block 6,Woodhaven Country Club Estates as recorded in Volume 388-56, Page 33 of the Tarrant County Plat Records thence southwest along the western property line of Lots 10, 9, 8, 7,5,4 Block 6,Woodhaven Country Club Estates as recorded in Volume 388-56, Page 33 of the Tarrant County Plat Records, thence to the southwest corner of Lot 4 Block 6, Woodhaven Country Club Estates as recorded in Volume 388- 10 56, Page 33 of the Tarrant County Plat Records and the intersection of Lot IR, Block IR, Woodhaven Country Club Estates as recorded in Volume 388-170,Page 41 of the Tarrant County Plat Records thence west along the northern property line of Lot 1R, Block 1R, Woodhaven Country Club Estates, as recorded in Volume 388-170, Page 41 Of the Tarrant County Plat Records thence west across the northern boundary of a drainage easement to the northeast corner of Lot 2A,Block 1R, Woodhaven Country Club Estates, as recorded in Volume 7089,Page 1269 of the Tarrant County Deed Records, thence along the northern boundary line of Lot 2A, Block IR Woodhaven Country Club Estates as recorded in Volume 7089, Page 1269 of the Tarrant County Deed Records to the intersection of the southeast corner of Lot 1 B,Block 36, Woodhaven Country Club Estates, as recorded in Volume 388-143, Page 32 of the Tarrant County Plat Records thence north along the eastern property line of Lots 1B and IAR, Block 36, Woodhaven Country Club Estates as recorded in Volume 388-183,Page 6,of the Tarrant County Plat Records, thence north along the eastern boundary line of Woodhaven Hills Condo Addition as recorded in Volume 11, Page 73 in the Tarrant County Plat Records, thence along the eastern boundary of Woodhaven Hills Condo, to the northeast corner of Woodhaven Hills Condo, as recorded at Volume 11, Page 73, Tarrant County Plat Records, thence west along the northern boundary of the Woodhaven Hills Condo, as recorded at Volume 11, Page 73, Tarrant County Plat Records, thence west across Woodhaven Blvd, to the northern corner of Lot 1B2, Block 35, Woodhaven Country Club Estates, as recorded at Volume A, Page 2052, Tarrant County Plat Records. On the West: Beginning at the northern corner of Lot 1B2, Block 35 Woodhaven Country Club Estates, as recorded in Volume A, Page 2052 of the Tarrant County Plat Records, thence south along the western boundary of Lot 1 B2, Block 35, Woodhaven Country Club Estates,as recorded in Volume A, Page 2052 of the Tarrant County Plat Records continuing south along the western boundary of Lot 1B1,Block 35,Woodhaven County Club Estates as recorded in Volume A,Page 2052 of the Tarrant County Plat Records,thence continuing south along the western boundary of Lot 1, Block 35, Woodhaven Country Club Estates, as recorded in Volume 388-138, Page 55, thence continuing south along the western boundary of Lots 4, 4B, 4A, and 5 of Block 34 as recorded in the Tarrant County Plat Records in Volume 388-138, Page 55 to Bridge Street. On the South: Beginning at the southwest corner of Lot 5 Block 34, Woodhaven Country Club Estates as recorded in the Tarrant County Plat Records in Volume 388-138, Page 55 and Bridge St., thence east along Bridge Street to the intersection of Bridge St. and Oncor Electric Delivery Co. easement,thence south along the said electric easement to Interstate Highway 30 westbound, thence continuing east along Interstate Highway 30 westbound to Interstate Highway 820 East southbound. On the East: Beginning at the intersection of Interstate Highway 30 westbound and Interstate Highway 820 southbound,thence north to Randol Mill Rd,thence continuing north across Randol Mill Rd to the northeast corner of Tract IA, W N Ray Survey, Abstract A-1353, as recorded in the Tarrant County Deed Records in Volume 14668, Page 303 to the point of beginning. 11 Woodhaven Neighborhood Empowerment Zone(NEZ) Fort Worth Texas QEF Y o !!F IVERVIEW N PCE OPyCS a m RNE4i8 NO �y,�Q. � tERR � m QO 5`14 9 W DELANE y C > WILLO OAK ISTAVIE O m 000 A O 1 N m = 0 y O� x m v > �yp�O O H LLA c y 0IN MIL tO z z i m LANTANA z SPARROW WOO 0 �Np c O m OL ILL m 9� m U �O a O = OQ 9 G LWO w o m � o voo �P0 ? r OAKMONT G� qS C rq WILLOW OAK VIE1p ! tAiyO y n BOCA RATON > > BFO - O > To JO N Rl O OGS NO '� G~ AL ST N 3 2 i 00 C IL ERN HIL S "i p FA<< BRENTWOOD S7 U V F r CFW Housing Oapalmant E5I03 City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 5/15/2018 - Ordinance No. 23223-05-2018 DATE: Tuesday, May 15, 2018 REFERENCE NO.: G-19286 LOG NAME: 19WOODNERZRENEW SUBJECT: Conduct Public Hearing and Adopt Ordinance Concerning Renewal of the Woodhaven Neighborhood Empowerment Reinvestment Zone No. 10 (COUNCIL DISTRICT 4) RECOMMENDATION: It is recommended that the City Council: 1. Hold a public hearing concerning the renewal of the Woodhaven area as Fort Worth Neighborhood Empowerment Reinvestment Zone No. 10; and 2. Adopt the attached ordinance which designates the renewal of Fort Worth Neighborhood Empowerment Reinvestment Zone No. 10, pursuant to the Texas Property Redevelopment and Tax Abatement Act, Tax Code, Chapter 312. DISCUSSION: On May 21, 2013, (M&C G-17904) the City Council adopted Resolution No. 4210-05-2013 to designate the Woodhaven area as a Neighborhood Empowerment Zone (NEZ) for a period of 10 years and adopted Ordinance No. 20760-05-2013 which designated Fort Worth Neighborhood Empowerment Reinvestment Zone (FWNERZ) No. 10 for a period of five years. According to the Texas Property Redevelopment and Tax Abatement Act, Tax Code, Chapter 312, the designation of a reinvestment zone for residential or commercial-industrial tax abatement expires five years after the date of the designation and may be renewed for periods not to exceed five years. The current ordinance designating FWNERZ No. 10 expires on May 20, 2018, and must be renewed in order for the City of Fort Worth to be eligible to participate in the NEZ tax abatement authorized by Chapter 312. The City is currently reviewing the Neighborhood Empowerment Zone Program, but any changes to the program will be adopted in August or later. Not renewing FWNERZ No. 10 will make applicants ineligible for tax abatements within the Woodhaven NEZ area. According to State Law, in order to adopt the attached ordinance for renewal, five members of the City Council must vote in favor of adoption. FWNERZ No. 10 and the Woodhaven NEZ are located in COUNCIL DISTRICT 4. This M&C does not request approval of a contract with a business entity. FISCAL INFORMATION / CERTIFICATION: i ne uirector or rinance cernnes inat tnis action wni nave no matenai erred on %'ity Tunas. Logname: 19WOODNERZRENEW Page 1 of 2 FUND IDENTIFIERS (FIDS): TO Fund Department ccoun Project JProgram ctivity Budget Reference # moun ID ID Year Chartfield 2 FROM Fundi Department ccoun Project Program ctivity Budget Reference # �moun ID ID Year Chartfield 2 CERTIFICATIONS: Submitted for City Manager's Office by: Fernando Costa (6122) Originating Department Head: Aubrey Thagard (8187) Additional Information Contact: Sarah Odle (7316) Logname: 19WOODNERZRENEW Page 2 of 2