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HomeMy WebLinkAboutResolution 3944-12-2010 A Resolution No. 3944-12-2010 DESIGNATION OF 28th STREET/MEACHAM 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 28th Street/Meacham Neighborhood Empowerment Zone ("28th Street/Meacham 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 28th Street/Meacham NEZ benefits and is for the public purpose of increasing public health, safety and welfare; and WHEREAS, the City Council finds that the 28th Street/Meacham 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 28th Street/Meacham 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 7`h day of December, 2010 APPROVED CITY COUNCIL ATTEST: DEC 0 7 2010 Marty Hendrix, Cit3psecretary City Secretary of the City of Fort Worth,Texas ORT WO \\y R'ESOLUTION • 3944-12-2010 \v !�RbINANCE NO. 19460 010 J Q FRANKLIN DR rem rp. 11' , MEACHAM_BLVD -- __.MEACHAM..BLVD - 1•�1 �� w DE RIDDER AVE q<Tq F1 914 LU RS�NS �R m \ �\•� DOWNING DR _TERMINAL RD �.._IA (\•11CHAEL S I- w w w �''� ~' w NnRti4AN ST w z O Q w � ��� '�/� SYLVgNIA CROSS DR C JASPER STz � � O O SELENE ST w N 38TH ST w 381:H' S! S BE w REPPER . 3iTH ST �� 37TH �T -36TH S+T I' 1 35�rF1 s+r � •RA T � 36TH ST '® 35TH ST W J Q,J a z DIXIE ST m__J . 11 w Q v 33RD ST w \PMON� w RD ST z > Q D IAM O NI 1 GLENDORA S)T w Q CR�e� ST 32ND ST p Q Q a '� N N z 32ND ST � m BERNER S� �F w _ 30TH ST O HIGHCREST AVE Q DEWEY STS w �Q G 29TH ST = w w � Q N a cUn � LORAINE ST z > m � O �JJJJJKSAOV§BUf AVE IRIC?N AVI= � IVE•1' ST _ • • • • • • • • • •- -•• •-•. • ••- I I 0 RESOLUTION NO. 3944-12-2010 ATTACHMENT A 28TH STREET/MEACHAM NEIGHBORHOOD EMPOWERMENT ZONE &28TH STREET/MEACHAM NEIGHBORHOOD EMPOWERMENT REINVESTMENT ZONE N0.37 GENERAL DESCRIPTION A parcel of land to be known as the"28th Street/Meacham"NEZ, and being more particularly described by bounds as follows; BEGINNING at the intersection of the centerline of Sylvania Avenue and Northeast Twenty Eight Street; THENCE westerly with said centerline of Northeast Twenty Eight Street, to its intersection with the centerline of the main track of the Burlington Northern and Santa Fe Railroad; THENCE northerly with said centerline, to its intersection with the centerline of Decatur Avenue; THENCE northerly with said centerline, to its intersection with the centerline of Northeast Thirty First Street; THENCE westerly with said centerline, to its intersection with the centerline of Hampton Street; THENCE northerly with said centerline, to its intersection with the centerline of Long Avenue; THENCE easterly, northeasterly, and easterly with said centerline, to its intersection with the centerline of Northeast Thirty Third Street; THENCE northeasterly with said centerline, to its intersection with the centerline of Deen Road; THENCE northerly with said centerline, to its intersection with the centerline of Terminal Road; THENCE northwesterly and westerly with said centerline, to its intersection with the centerline of Blue Mound Road; THENCE northerly with said centerline, to its intersection with the centerline of Meacham Boulevard; RESOLUTION NO. 3944-12-2010 THENCE easterly with said centerline, to its intersection with the centerline of Interstate Highway 35W; THENCE southerly and southwesterly with said centerline, to its intersection with the centerline of High Crest Avenue, projected westerly; THENCE easterly with said projection, to and along said centerline, and to and along its projection easterly, to its intersection with said centerline of Sylvania Avenue; THENCE southerly with said centerline to the PLACE OF BEGINNING, and containing some 2.5 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 § 663.2 1,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." City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION. Approved on 121712010- • Res. No. 3944-12-2010 ;Ord.No. WWI 2010 DATE: Tuesday, December 07, 2010 REFERENCE NO.: G-17134 LOG NAME: 17NEZ28THSTREET SUBJECT: Conduct a Public Hearing, Adopt a Resolution Designating the 28th Street/Meacham Area as a Fort Worth Neighborhood Empowerment Zone and Adopt an Ordinance Designating the 28th Street/Meacham Area as Fort Worth Neighborhood Empowerment Reinvestment Zone No. 37 (COUNCIL DISTRICT 2) RECOMMENDATION: It is recommended that the City Council: 1. Adopt the attached resolution designating the 28th Street/Meacham area as a Neighborhood Empowerment Zone; 2. Conduct a public hearing concerning the designation of the 28th Street/Meacham area as Fort Worth Neighborhood Empowerment Reinvestment Zone No. 37; and 3. Adopt the attached ordinance designating the 28th Street/Meacham area as Fort Worth Neighborhood Empowerment Reinvestment Zone No. 37 pursuant to the Texas Property Redevelopment and Tax Abatement Act, Tax Code, Chapter 312. DISCUSSION: On April 25, 2000, (M&C G-12897), and amended on October 4, 2005, (G-14947) the City Council approved the Policy Statement on the Creation of Local Neighborhood Empowerment Zone's (NEZ) in accordance with Chapter 378 of the Texas Local Govemment 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 NEZ are: • Meacham Boulevard on the north; Logname: 17NEZ28THSTREET Page 1 of 2 • Hampton Street, Dean Road and Blue Mound Road on the west; • Northeast 28th Street on the south; and • Interstate Highway 35W and Sylvania Avenue east. The proposed 28th Street/Meacham NEZ has a population of 5,647 persons, is 1.36 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; • 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. 37 and the 28th Street/Meacham NEZ are located in COUNCIL DISTRICT 2. 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 FROM Fund/Account/Centers CERTIFICATIONS: Submitted for City Manager's Office bX. Susan Alanis (8180) Originating Department Head: Jay Chapa (5804) Additional Information Contact: Sarah Odle (7316) Logname: 17NEZ28THSTREET Page 2 of 2