HomeMy WebLinkAboutResolution 1409E;
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CITY OF FORT WORTH
COUNCIL RESOLUTION N0. /~
WHEREAS, the City Council of the City of Fort Worth has
recognized the importance of economic development to the City;
and
S~lF1EREA5, the City Cou;icil directed the City Manager and the
Economic Develcpment Office to suggest enterprise zones wit'-:
definite boundaries; and
WHEREAS, the Cit}' Council approved a North Enterprise :.one
and a south Enterprise Zone on August 9, 1988; and
WHEREAS, the rr^ort Worth North and Souti; Enterprise Zones
received state designation on August 30, 1988; and
WHEREAS, the City Council of the City of Fort Worth
established criteria to evaluate possible amendments to the
enterprise zone boundaries; and
WHEREAS, City staff has identified a site which mee*_s the
criteria and has excellent industrial development potential; and
WHEREAS, the City Council of the City of Fort Worth has held
a public hearing tc receive comments regarding the proposed
amended boundaries and r_otificatiori of this public i;Earinc w~~.
done in accordance with state law; r
IPGW, Tr"EREr'GR nE IT RESOi,VED BY ?E CITY OF rr^GRT iaGP."_'?
THAT:
The area within the City defined and described on Exhibit nand
shown on Exhibit B, attached hereto and incorporated herein, be
designated as a part of the "i:orth Enterprise Zone",
That the boundaries of toe North Enterprise Zone be amended to
reflect the additional area;
That the City Council has determined and finds that the Fort
Worth Nort:i Enterprise Zone, as amended, satisfies the criteria
for designation of an enterprise zone as specified in Section 4
of the Act by having an unemployment rate of at least 1.5 times
the state unemployment rate and by being located in a City
designated as a distressed city for purposes of urban develcpment
action grants.
CITY OF FORT N~ORTB
CFTX OF FORT WORTH
EXHIBIT "A"
Boundary Description
~~ , - Land to be added to the North Enterprise Zone -
BEGINNING at a point at the intersection of the southerly right-
of-way line of North Thirty-Eighth Street and the easterly right-
of-way line of the Atcheson, Topeka, and Santa Fe Railroad Com-
PanY;
THENCE northwesterly along the easterly right-of-way line of the
Atcheson, Topeka, and Santa Fe Railroad Company to the southerly
right-of-way line of Terminal Road;
THENCE easterly along the southerly right-of-way line of Terminal
Road to the westerly right-of-way line of Decatur Avenue;
THENCE southerly along the westerly right-of-way line of Decatur
Avenue to the southerly right-of-way line of Thirty-Eighth
Street;
THENCE westerly along the southerly right-of-way line of Thirty-
Eighth Street to the Point of Beginning; an area of .124 square
miles.
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