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The purpose of this Informal Report is to provide City Council with information regarding a proposed
Neighborhood Empowerment Zone (NEZ) commercial tax abatement.
Chapter 378 of the Texas Local Government Code provides that a municipality can offer an abatement of
municipal property taxes for properties located in a NEZ.
3432 E. Vickery Blvd
David Papillion dlbia Papillion's Commercial Interiors (Property Owner) is the owner of the property
described as Lots 17 -22 and a portion of Lot 23, Block C, Hallbrook Addition, Third Filing to the City of
Fort Worth, Tarrant County, Texas according to plat recorded in Volume 388 -V, Page 37, Deed Records of
Tarrant County, Texas. The property is located within the Poly /Wesleyan NEZ and Council District 8.
The Property Owner plans to invest an estimated $101,500.00 to construct a metal building to expand its
commercial cabinet business (Project). The building will be approximately 3,000 square feet. The Housing
and Economic Development Department reviewed the application and certified that the Project met the
eligibility criteria to receive a NEZ municipal property tax abatement.
The Property Owner applied for a five -year municipal property tax abatement under the NEZ Tax
Abatement Policy and Basic Incentives (Resolution No. 3986, 05- 2011). The municipal property tax on the
improved value of the metal building structure after construction is estimated at $867.83 per year, for a
total of $4,339.13 over the five -year period. However, this estimate may differ from the actual tax
abatement value, which will be calculated based on the Tarrant Appraisal District appraised value of the
property.
In the event of a sale of this property the tax abatement agreement may be assigned to a new owner with
City Council approval, only if the new owner meets all of the eligibility criteria as stated in the NEZ Tax
Abatement Policy and Basic Incentives.
Staff recommends proceeding with placing the tax abatement on the December 13th, City Council agenda
for consideration by City Council. If you should have any questions regarding this information please
contact Cynthia Garcia, Assistant Director, Housing and Economic Development Department at
817 - 392 -8187.
Attachments: Map, Pictures & Elevations
3432 E. Vickery Blvd
Council District 8 Poly/Wesleyan NEZ
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