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HomeMy WebLinkAboutIR 9404Coo p�. To the Mayor and Members of the City Council • USEEMM Page 1 of 1 SUBJECT: REVIEW OF NEIGHBORHOOD EMPOWERMENT ZONE TAX ABATEMENT FOR PROPERTY LOCATED AT 1710 5th AVENUE The purpose of this Informal Report is to provide City Council with information regarding a proposed Neighborhood Empowerment Zone (NEZ) residential 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. 1710 5"' Avenue Shawn Fite (Property Owner) is the owner of the property described as Block 7, Lots 27 and 28, Fainnount Addition an Addition to the City of Fort Worth, Tarrant County, Texas, according to the plat recorded in Volume 63, Page 25, of the Plat Records of Tarrant County, Texas, at 1710 5th Avenue, Fort Worth, Texas. The property is located within the Magnolia Village NEZ, the Fairmount Historic District, and Council District 9. On May 9, 2011, the Historic and Cultural Landmarks Commission approved the construction plans for a single family residential structure (Project) that will be approximately 2261 square feet in size at 1710 5th Avenue. The Property Owner plans to invest an estimated $80,000.00 to construct the Project to be sold as a primary residence. 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. In the event of a sale of this property and Project, the agreement may be assigned without subsequent City Council approval to the owners' first mortgagee or to a homebuyer who will use the required improvements as their primary residence. All other assignments must be approved by the City Council. Staff recommends proceeding with placing the tax abatement on the July 26, 2011, 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. Higgins Tom Interim City Manager Attachments: Map, Elevation & HCLC Approval 1710 5th Ave On May 9,%0l1, the Historic and Cultural Landmarks Commission APPROVED the Certificate of Appropriateness for: The new construction ofutwo-story residence approximately 2,261-square feet and an approximately sized 21' x 23' rear detached two-car garage 483-square feet with the following: 1. Concrete foundation 2. lI7 wood siding 3. Hipped roof with intersecting gables accented bvu front-facing dormer and secondary hips 4, Composite shingles 5.A brick chimney &.Afront porch with arched openings under a hipped roof with wooden railing and steps supported by brick posts 7. Brick planters flanking the porch entry stair 8. (4) paired three-over-one and (6) single three-over-one wood windows 9. (1) paired two-over-one, (l) paired one-over-one, and (4) uimukm one-over-one wood `vimdmru 1U,(1) single pane divided casement style wood window 11.Awood panel front entry door with three pane divided window and (C)wood panel entry doors 12. A four foot wide concrete front sidewalk and nine foot wide side entry driveway 13. A waiver from the Fairmount Historic District Standards and Guidelines to use a steel two-car paneled garage door with top panel windows. Approve with the understandin that the garage door will bmof carriage style; there will bmno brick chimney; and, the front fm;admvriO have mgmul mrobmu. The Historic and Cultural Landmarks Commission or Historic Preservation Officer must approve work not included io this Certificate of Appropriateness prior 10 the issuance ufobuilding permit. Approval of your case does not negate you from any other applicable requirements needed Uoobtain required permits. If necessary, you must obtain all required variances 6u/ore u Certificate of Appropriateness or building will hcissued. Au appeal m this decision may bn submitted mthe Appeals Board 6y written request m the City Secretary and the undersigned within |O days of the hearing decision described above. No hearing shall 6n scheduled before the Appeals Board until the required filing fee of $295 has been paid to the Planning and Development Department. Residential Certificates of Appropriateness are valid for one year from the date of issuance. Commercial Certificates of Appropriateness are valid for two years from the date of issuance. Questions regarding this mz(8l7)3B2-8OW THFiCn'ymFop-r Wmm°2ND R_00R°1000 I'HR'xK.kI0RT()% STRIJI"I°FoRl WORTI.��76l02 817-382�000 ^ Fa8l7-392-8Ol8