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HomeMy WebLinkAbout2012/02/07-Minutes-HEDC CITY OF FORT WORTH CITY COUNCIL HOUSING AND ECONOMIC DEVELOPMENT COMMITTEE February 7, 2012 Present: Committee Member Joel Burns, Chairman Committee Member Kathleen Hicks, Vice Chair Committee Member Betsy Price (Arrived at 1:12 p.m.) Committee Member Salvador Espino Committee Member W. B. "Zim" Zimmerman Committee Member Danny Scarth Committee Member Frank Moss Committee Member Jungus Jordan Committee Member Dennis Shingleton City Staff: Fernando Costa, Assistant City Manager Peter Vaky, Deputy City Attorney Mary J. Kayser, City Secretary Jay Chapa, Director of Housing & Economic Development Department Cynthia Garcia, Assistant Director, Housing & Economic Development Department Robin Bentley, Community Development Manager, Housing& Economic Development Dept. Robert Sturns, Manager, Housing and Economic Development Department Other City Staff in Attendance: Tom Higgins, City Manager Vicki Ganski, Senior Assistant City Attorney, Law Department LeAnn Guzman, Assistant City Attorney, Law Department Henry Day, Senior Management Analyst, Housing & Economic Development Department Otis Thornton, Homeless Program Coordinator, Housing& Economic Development Department Horatio Porter, Budget Officer With a quorum of the committee members present, Chairman Joel Burns called the meeting of the Housing and Economic Committee to order at 1:05 p.m., on Tuesday, February 7, 2011, in the Pre-Council Chamber of the Fort Worth Municipal Building, 1000 Throckmorton Street, Fort Worth, Texas 76102. CITY OF FORT WORTH CITY COUNCIL HOUSING AND ECONOMIC DEVELOPMENT COMMITTEE FEBRUARY 7, 2012 Page 2 of 6 Approval of Minutes from December 6, 2011, Housing and Economic Development Committee (Agenda Item 2) Motion was made by Committee Member Shingleton and second by Committee Member Zimmerman, to approve the minutes of the December 6, 2011, Housing and Economic Development Committee Meeting. Motion passed 8-0. (Committee Member Price absent) Written Reports (Agenda Item 3) Chairman Burns advised that the following written reports had been provided as a matter of information to the committee members: A. Memo Regarding Update of Implementation of Business Diversity Enterprise Ordinance B. Memo Regarding Texas Enterprise Zone Nomination for FTS International Services, LLC C. Memo Regarding Tax Abatement Agreement with Alcon Laboratories Corporation Expansion Plans Revision D. Memo Regarding Economic Development Program Agreement with Ferris Manufacturing for Corporate Site Location Change E. Memo Regarding Relocation of Link America Corporation Headquarters F. Memo Regarding Amendment to the 2003 Downtown Strategic Action Plan G. Memo Regarding the Repeal of Ordinance#19558-02-2011 to Create Reinvestment Zone#72 H. Memo Regarding the Reallocation of$477,835.40 in Community Development Grant Funds from the ADA Ramp Project to the 2010 and 2011 Street Reconstruction Projects I. Memo Regarding Expansion of the Lancaster Mixed Use Project and Consent to Waive Development Fees Related to the Project J. Tax Increment Finance Districts Annual Report Chairman Burns opened the floor for questions and/or comments. There were none. CITY OF FORT WORTH CITY COUNCIL HOUSING AND ECONOMIC DEVELOPMENT COMMITTEE FEBRUARY 7, 2012 Page 3 of 6 Presentation on Economic Development (Agenda Item 4) Impact Study Commissioned by Fort Worth Chamber of Commerce Jay Chapa, Director, Housing and Economic Development Department introduced David Berzina, Executive Vice President of Economic Development, Fort Worth Chamber of Commerce. Mr. Berzina reviewed the Economic Development Impact Study Commissioned by the Fort Worth Chamber of Commerce. He highlighted the positive economic impact and the positive sales tax impact of the 15 Economic Development projects in Fort Worth in 2011. Chairman Burns opened the floor for questions and/or comments. Committee Member Price asked if the property tax numbers were adjusted for exemptions. Mr. Berzina indicated that the numbers were adjusted for tax abatements but not exemptions. Chairman Burns expressed appreciation for the partnership with the Chamber and how the City and the Chamber will be working together in the future to deal with the impact of the American Airlines bankruptcy and what happens with the American Airlines maintenance facility at Alliance. He indicated that the City will be looking to the Chamber as a partner in finding possible ways to utilize the Governor's Enterprise fund to assist the City in the future. Committee Member Price asked if the Chamber was working on any movie or cinema incentives or recruitment. Mr. Berzina stated that the State was working on a plan but the Chamber was not involved directly. Committee Member Price stated that the cities of Austin and San Antonio along with their Chambers were working on these types of incentives along with the Governor's Enterprise Fund. Committee Member Espino commended the Chamber on economic growth in far north Fort Worth that is due in large part to Alliance. He commented that we need to work on the branding of Fort Worth in the far north Fort Worth area. To promote Fort Worth, Texas in the Alliance corridor which will attract retail to the fastest growing part of Fort Worth. He wants to be sure that businesses and individuals in the far north Fort Worth area know that they are in the City of Fort Worth. Jay Chapa indicated that the Chamber, Hillwood Development and some of the businesses in far north Fort Worth will be coming together to address Mr. Espino's concerns. CITY OF FORT WORTH CITY COUNCIL HOUSING AND ECONOMIC DEVELOPMENT COMMITTEE FEBRUARY 7, 2012 Page 4 of 6 Presentation on Potential Reductions in (Agenda Item 5) Fiscal Year 2012-2013 Funding for Community Development Block Grant and HOME Investment Partnerships Program (HOME) and Proposed Rule Changes to the HOME Program from the US Department of Housing and Urban Development Jay Chapa, Director, Housing and Economic Development Department presented an overview of this item. He reviewed proposed changes in HOME regulations: — The City will be more involved in home sales — The City must re-verify that all CHDOs meet their statutory eligibility requirements each time it commits funds to a house or a project. Both of these changes will require new policies and procedures to be drafted and approved by HUD Mr. Chapa next reviewed the projected budget reductions in the Federal Entitlement Programs: The City is facing a 2 year reduction (FY11 — FY13) of$2,745,220 or 26% overall for entitlement programs (CDBG and HOME). Additionally the City is facing a reduction of $424,357 or 23.8% in the funds for administering these programs. The administrative funds pay for 21.95 positions in the Housing and Economic Development Office. Mr. Chapa next reviewed proposed program changes on CDBG funding: • Reduce the number of Public Service Contracts from 29 to 15 (CDC to recommend how to reduce overall number) — Public Service Contracts only account for 15% of the CDBG budget, but account for approximately 40% of administrative costs • Expand the Emergency Repair Program and eliminate the HTF Single — Family Rehabilitation Program — Single Family Rehab program is administratively intensive and costly with the high potential of customer dissatisfaction (avg. $40k to $50k per project, major systems only) — Expand income level from 35% to 60% AMI and add electrical and roof to emergency repair. ($5k limit would still apply, current avg. per household is approximately$3,200) If $1.0 million budgeted, then emergency repairs provided to over 3,000 households instead of an estimated 20-25 HTFs per year CITY OF FORT WORTH CITY COUNCIL HOUSING AND ECONOMIC DEVELOPMENT COMMITTEE FEBRUARY 7,2012 Page 5 of 6 Mr. Chapa next reviewed proposed program changes on HOME funding: • Eliminate CHDO 15% set aside for FY 2013 only — Administrative oversight of CHDO projects is time intensive — New regulations will increase administrative burden on CHDO projects — Prior year CHDO project commitments exceed required 15% through FY2013 since it is a rolling average, therefore no funding needs to be set aside providing additional funding for other CDBG eligible programs • Eliminate single family for sale housing — New regulations will increase risk to City since units must be sold within 6 months of completion or be converted to rental units — This requirement will increase administrative costs associated with marketing of homes for sale and oversight of converted rental units since affordability period is 20-years on each unit Mr. Chapa requested the Committee's input on the proposed changes recommended by staff. Chairman Burns asked that the City, through Governmental Relations, submit comments to HUD On the proposed rule changes and their impact. Committee Member Espino acknowledged the tough choices that the Department made. His priority is for the demolition of substandard structures. Committee Member Scarth indicated that the department made some good choices and indicated that he will have more questions as this goes forward. Committee Member Hicks commended the department on their hard choices and indicated that they did the best they could do given the new rules and shrinking funding. Her priorities are Senior Citizens, Child Care, Youth Services and demolition along with redevelopment. Committee Member Price asked how many CHDOs the City has and the value of their projects. There are 2 CHDOs and Mr. Chapa will get back to the committee with the value. She also wanted the value of the projects, what was the return to the City on the tax base and what services did the City have to deliver. What is the best bang for the dollars we do have to spend on these projects. Committee member Jordan wanted to know what the need was and how are we meeting that need. What are our underserved and unserved populations and are we catching up on the nee, are we making progress. He also wanted to know what the return on the dollars invested was. Committee Member Moss' priorities are the emergency repair and sidewalks. CITY OF FORT WORTH CITY COUNCIL HOUSING AND ECONOMIC DEVELOPMENT COMMITTEE FEBRUARY 7, 2012 Page 6 of 6 Chairman Burns echoed the need for sidewalks. He also acknowledged the hard work of Mr. Chapa and his staff and thanked them for bringing this information to the committee early so that they had time to review and make informed decisions. Request for Future Agenda Items (Agenda Item 7) Chairman Burns opened the floor for requests for future agenda items. There were no requests for future agenda items. Date of Next Regular Meeting— March 6, 2012, (Agenda Item 8) Chairman Burns advised that the next regular meeting of the Housing and Economic Development Committee was tentatively scheduled for Tuesday, March 6, 2012. Adiourn (Agenda Item 10) With no further presentations or discussions, Chairman Burns adjourned the regular meeting of the Housing and Economic Development Committee at 1:59 p.m., on Tuesday, Tuesday, February 7, 2012. These minutes approved by the Housing and Economic Development Committee on the 6t"day of March, 2012. APPROVED: oel Burns, Chairman Minutes Prepared by and Attest: 7-LA, Mary J. Kays , it Y ecre Y