Loading...
HomeMy WebLinkAboutResolution 3981-04-2011A Resolution No. 3981 -04 -2011 DESIGNATION OF SIX POINTS AREA AS A NEIGHBORHOOD EMPOWERMENT ZONE WHEREAS, on April 25, 2000, the City 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 City Council approved the criteria 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 Six Points Neighborhood Empowerment Zone ( "Six Points NEZ ") and granting the NEZ incentives to certain zoning districts 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 Six Points NEZ benefits and is for the public purpose of increasing public health, safety and welfare; and WHEREAS, the City Council finds that the Six Points 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 Six Points NEZ is hereby created as defined by the legal description and map attached as Exhibit A. Section 3. The City Council adopts all basic incentives as described in the Neighborhood Empowerment Zone Basic Incentives as amended. Section 4. The designation shall expire on December 6, 2020. Adopted this 5`h day of April, 2010 APPROVED CITY COUNCIL ATTEST: APR 0 5 2011 Marty Hendrix, ffigecretary c -,` �;j CitY Secretary of the City of Fort Worth, Texas ORT IVo .r RESOLUTION NO. 3981 -04 -2011 EXHIBIT A SIX POINTS NEIGHBORHOOD EMPOWERMENT ZONE ZONE No. 38 GENERAL DESCRIPTION A parcel of land to be known as the "Six Points" NEZ, and being more particularly described by bounds as follows; BEGINNING at the intersection of the centerline of Yucca Avenue and the east right -of- way of Interstate Highway 35W; THENCE easterly with said centerline, to its intersection with the centerline of Eagle Drive; THENCE southerly with said centerline, to its intersection with the centerline of Clary Avenue; THENCE easterly with said centerline, to its intersection with the centerline of Seaman Street; THENCE southerly with said centerline, to its intersection with the centerline of Belknap Street; THENCE southwesterly with said centerline, to its intersection with said centerline of Eagle Drive; THENCE southerly with said centerline, to its intersection with the centerline of Maurice Avenue; THENCE easterly with said centerline, to its intersection with the northerly projection of the most north west line of Block 1, Riverside Wal -mart Addition, according to the plat thereof recorded at County Clerks Instrument number D 204033269; THENCE southerly with said projection, to and along said west line, to and along the most west north line, and to and along its most west line, and its projection southerly to its intersection with the centerline of Race Street; THENCE easterly with said centerline, to its intersection with the northwesterly right -of- way of State Highway 121; THENCE southwesterly and westerly with said right -of -way, to its intersection with said east right -of -way of Interstate Highway 35W; RESOLUTION NO. 3981 -04 -2011 THENCE northerly with said right -of -way to the PLACE OF BEGINNING, and containing some 1.2 square miles of land, more or less. This description prepared in electronic format by Hans Kevin Hansen, Registered Professional Land Surveyor, Number 4786, in May 2010. "This document was prepared under 22 TAC § 663.21, does not reflect the results of an on the ground survey, and is not to be used to convey or establish interests in real property except those rights or interests implied or established by the creation or reconfiguration of the boundary of the political subdivision for which it was prepared." 2 City of Fort Worth, Texas Mayor and Council Communication DATE: Tuesday, April 05, 2011 LOG NAME: 17NEZSIXPOINTS - REVISED REFERENCE NO.: G- 17140(Revised) SUBJECT: Conduct Public Hearing, Adopt a Resolution Designating the Six Points Area as a Neighborhood Empowerment Zone and Adopt an Ordinance Designating the Six Points Area as Neighborhood Empowerment Reinvestment Zone No. 38 (COUNCIL DISTRICTS 2 and 4) RECOMMENDATION: It is recommended that the City Council: 1. Adopt the attached resolution designating the Six Points area as a Neighborhood Empowerment Zone; 2. Conduct a public hearing concerning the designation of the Six Points area as Fort Worth Neighborhood Empowerment Reinvestment Zone No. 38; and 3. Adopt the attached ordinance designating the Six Points area as Fort Worth Neighborhood Empowerment Reinvestment Zone No. 38 pursuant to the Texas Property Redevelopment and Tax Abatement Act, Tax Code, Chapter 312. DISCUSSION: The City Council approved the Policy Statement on the Creation of Local Neighborhood Empowerment Zone's (NEZ) on April 25, 2000 (M &C G- 12897) and amended them on October 4, 2005 (G- 14947) in accordance with Chapter 378 of the Texas Local Government Code. The City Council also authorized the City Manager to identify neighborhood areas that may be eligible for NEZ designation and to develop administrative procedures for the NEZ Program. The NEZ Administrative Procedures were adopted by the City Council on October 3, 2000 and amended on May 15, 2007 to initiate improved program requirements. The procedures included two methods by which a NEZ may be designated: 1. City Council designation; or 2. A neighborhood sponsor application process. The boundaries of the proposed Six Points NEZ are: - Westbrook Avenue and Clary Avenue on the north; - Oakhurst Scenic Drive on the west; Logname: 17NEZSIXPOINTS - REVISED Page 1 of 2 • State Highway 121 on the south; and • Eagle Drive, Seaman Street and the Riverside Wal -mart Addition on the east. The proposed Six Points NEZ has a population of 5,080 persons, is 0.81 square miles in size and meets the following designation requirements under the City's NEZ policy: • Promotes the creation of quality affordable housing in the zone; • Will bring about economic development in the zone; • Is 100 percent within the Central City and 100 percent of the proposed NEZ area is Community Development Block Grant (CDBG) eligible; • Contains the Six Points Urban Village; • Is considered distressed based on census data on population, socio- demographics and other factors; and • Meets criteria for Reinvestment Zone designation 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 City. On June 8, 2010, the above recommendations were endorsed by the Housing and Economic Development Committee. The Fort Worth Neighborhood Empowerment Reinvestment Zone (FWNERZ) No. 38 and the Six Points NEZ are located in COUNCIL DISTRICTS 2 and 4. FISCAL INFORMATION / CERTIFICATION: The Financial Management Services Director certifies that this action will have no material effect on City funds. FUND CENTERS: TO Fund /Account/Centers CERTIFICATIONS: Submitted for City Manager's Office by; Originating Department Head: Additional Information Contact: FROM Fund /Account/Centers Susan Alanis (8180) Jay Chapa (5804) Sarah Odle (7316) Logname: 17NEZSIXPOINTS - REVISED Page 2 of 2