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HomeMy WebLinkAboutResolution 3949-12-2010 A Resolution NO. 3949-12-2010 TO REVISE THE BOUNDARY OF THE ROLLING HILLS 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 03, 2000 the Council approved the criteria to determine whether an area would be eligible to be designated as a Neighborhood Empowerment Zone (NEZ); and WHEREAS, on January 21, 2003, the Council approved the creation of the Rolling Hills NEZ and Fort Worth Neighborhood Empowerment Reinvestment Zone (FWNERZ) No. 8; and WHEREAS, it is being proposed that the Rolling Hills NEZ be revised as shown on Exhibit A; and WHEREAS, the Council finds that the revision of the Rolling Hills NEZ: (1) would promote the creation or rehabilitation of affordable housing in the zone and an increase in economic development in the zone, and (2) is 100% within the Central City and 84% within the Community Development Block Grant eligible area; and WHEREAS, the Council finds that the creation of the Rolling Hills NEZ benefits and is for the public purpose of increasing public health, safety and welfare; and WHEREAS, the council finds that the Rolling Hills NEZ satisfies the requirements of section 312.02 of the Tax Code; and WHEREAS, the Council finds that the proposed revision of the Rolling Hills NEZ meets the criteria for NEZ designation. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: 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 Rolling Hills NEZ is hereby revised as defined by Exhibit A, Rolling Hills Neighborhood Empowerment Zone & Rolling Hills Neighborhood ORT WO RESOLUTION NO. 3949-12-2010 Empowerment Reinvestment Zone No. 8R. Section 3. The Council adopts all basic incentives as described in the Neighborhood Empowerment Zone Basic Incentives (M&C G-16572) and as amended for the Rolling Hills NEZ area boundary revision. Section 4. The designation shall expire on December 6, 2020. Adopted this 7th day of December 2010. ATTEST: APPROVED CITY COUNCIL By'� -- -------- Marty Hendrix, City Secretary DEC 07 2010 City Secretary of the City of Fort Worth,Texas FoRTWORTH RESOLUTION NO. 3949-12-2010 EXHIBIT A ROLLING HILLS NEIGHBORHOOD EMPOWERMENT ZONE & ROLLING HILLS NEIGHBORHOOD EMPOWERMENT REINVESTMENT ZONE No. 8R GENERAL DESCRIPTION The area to be designated as Fort Worth Neighborhood Empowerment Reinvestment Zone No. 8R for tax abatement purposes contains 2.49 square miles of land and is a parcel of land out of the John Collett Survey, Abstract Number 260, the Louis Cahen Survey, Abstract Number 290, the Robert Gillaster Survey, Abstract Number 619, the Samuel B. Hopkins Survey, Abstract Number 669, the William Hicks Survey, Abstract Number 694, the George W. Hartzog Survey, Abstract Number 697, the James Hute Survey, Abstract Number 799, the S. P. Loving Survey, Abstract Number 943, the William R. Loving Survey, Abstract Number 948, the Elijah Rogers Survey, Abstract Number 1292, the Alfred Stinson Survey, Abstract Number 1413, the Samuel Woody Survey, Abstract number 1638, the Louis Wetmore Survey, Abstract Number 1649, and the Juan Armendaris Survey, Abstract Number 1768, and being more particularly described by bounds as follows: Beginning at the intersection of the centerline of Interstate Highway 1-35W with the centerline Glen Garden Drive; Thence south with said centerline of said Highway, to its intersection with the centerline of the Union Pacific Railroad, formerly the Houston and Texas Central Railroad; Thence southeasterly and south with said centerline to its intersection with the projection of the south line of Block 29 of Weisenberger Sunny Hill Garden Addition; Thence west, to and along said line to its intersection with the centerline of Joe Frazier Street; Thence south with said centerline to its intersection with the centerline of Blodgett Avenue; Thence west with said centerline to its intersection with the east line of Block C of Vallejo Park Addition; Thence south with said line, to and along the east line of Block D of said Addition, to its southeast corner, and being in the north line of Block 7 of Carter Park Addition; Thence east with said north line, to the centerline of Carter Park Lane; Thence southerly with said centerline, to its intersection with the centerline of Seminary Drive; Thence east with said centerline, to its intersection with the centerline of Sycamore Creek; Thence southerly with said centerline, to its intersection with the projection of southeasterly line of Sycamore Creek Addition, which is also the west boundary of Carter Park, according to the map on file at the City of Fort Worth, Survey Division, File Number E-325A; Thence southeasterly to and along said boundary, with its meanders to its intersection with the centerline of the Union Pacific Railroad, formerly the International and Great Northern Railroad; Thence southeasterly with said centerline, to its intersection with the centerline of Interstate Highway 20, also know as Loop 820; Thence southeasterly with said centerline, to its intersection with the centerline of Campus Drive; Thence northwesterly and north with said centerline to its intersection with the centerline of Seminary Drive; Thence east with said centerline, to its intersection with the centerline of Old Mansfield Road; Thence northwesterly, north, and northwesterly with said centerline to its intersection with said centerline of Glen Garden Drive; Thence west with said centerline to the Point of Beginning. This description prepared in electronic format by Hans Kevin Hansen, RPLS#4786, in November 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 and interests implied or established by the creation or reconfiguration of the boundary of the political subdivision for which it was prepared." 2 Rolling Hills NEZ -- Proposed Boundary Revision RESOLUTION NO. 3949-12-2010 & ORDINANCE NO. 19465-12-2010 JUDD TA LT �� alCC@11I (1£�$f {�f� v CANTEY > U) :5 CANTEY �� Q m m Square Mlles 2.25 2.49 GLEN GARDEN 00 } � LoWDENa �, Population 5,261 5,725 w = B'AKER Y CHAMAK Central City 100% 100% 0 a MO NI i� CDBG 83% 84% VICKI ate•. M zz P A,-T, w �o cn c" 'w HILLVIEW O m z o a �' � NORTH GLE GLEN GARDEN ¢ D BRIgRDgLE ir w M ROBERT BURNS + S _�co ��' ANNGLEN F� CHILDRESS W UJ "F<- u o LOMITA ATK III NS z LAMONT ' RIPY RIPY RIP Y 9�F FAIRWAY } Z) MECCA MINDEN MINDEN J z O G ENCREST Z FAIRWAY BUTLER W a m TIMBERLINE LOMO U BUTLER w 8 R w KNOX > DICKSON HUNTING G O WA ,MAN U ELVA WARREN <�NO IU— g GARDENIA 2 q z SARAH JANE K FOGG RODEO 2 J BLALOCDK ETT GLEN EDEN MgNSF/ z PIONEER U O j Lu BOLT JEAN HILLS < 6� PE OS J zi AMSPOKER S28) O O ALCANNON J LL EUGENE NO u- PRIN E PRINCE O 2 lim SEMINARY o_ X � JEWELL KEL"LY B� w ¢ GOTHIC S sBF M.- BROADU �F F O IMPE O OfG�� O O�PQQ RI AL yOPTOS'�e� F r, O H O o `' TUDOR � O ti NPMMON� m � �o yG S2 Z 6O m� � � 7 �5O Q- �i GP O w p m w m w N Q JOE B RUSHING TAPPAN m f- SOUTH SOUTHWAY O p EAST LOOP 820 z O Cn Proposed Rolling Hills NEZ Boundary w 0 Proposed Extension to NEZ �i��O iti DUBSHgw Proposed Removal from NEZ ' Berry/Riverside Urban Village F ROMA G� Prepared by:City of Fort Worth Housing and Economic Development Department, May 2010 City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 121712010 - Res. No.;3949 12-2010 & Ord. N©. 19465-12- 20% DATE: Tuesday, December 07, 2010 REFERENCE NO.: G-17139 LOG NAME: 17NEZROLLINGHILLSREVISE SUBJECT: Conduct a Public Hearing, Adopt a Resolution Designating the Rolling Hills Area as a Neighborhood Empowerment Zone and Adopt an Ordinance for Boundary Change and Designating the Rolling Hills Area as Fort Worth Neighborhood Empowerment Reinvestment Zone No. 8R (COUNCIL DISTRICTS 8 and 9) RECOMMENDATION: It is recommended that the City Council: 1. Adopt the attached Resolution to designate the revised Rolling Hills area as a Neighborhood Empowerment Zone; and 2. Conduct a public hearing concerning the designation of the revised Rolling Hills area as Fort Worth Neighborhood Empowerment Reinvestment Zone No. 8R; and 3. Adopt an ordinance to designate the Rolling Hills area as Forth Worth Neighborhood Empowerment Reinvestment Zone No. 8R pursuant to the Texas Property Redevelopment and Tax Abatement Act, Tax Code, Chapter 312. DISCUSSION: On January 21, 2003, (M&C G-13862) the City Council adopted Resolution No. 2908 to designate the Rolling Hills area as a Neighborhood Empowerment Zone (NEZ) and adopted Ordinance No. 15411 which designated Fort Worth Neighborhood Empowerment Reinvestment Zone (FWNERZ) No. 8. Staff recommends extending the boundary to the North East to 1-35 and removing the area west of Carter Park. The revised Rolling Hills NEZ area was presented to the Housing and Economic Development Committee at the June 8, 2010 meeting and the Housing and Economic Development Department was directed to move forward. The proposed revised Rolling Hills NEZ has a population of 5,725 persons and an area of 2.49 square miles. The proposed revised Rolling Hills NEZ meets the following designation requirements under the City's NEZ policy: • Promotes economic development; • Has a total population of no more than 6,000 persons; • The proposed revised Rolling Hills NEZ area is 100 percent within the Central City and 84 percent within the Community Development Block Grant eligible areas; and Logname: 17NEZROLLINGHILLSREVISE Page 1 of 2 . Meets the 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 area and that would contribute to the economic development of the City. The revised Rolling Hills NEZ area, therefore, meets all the requirements for NEZ designation One of the incentives a municipality can provide in a NEZ according to Chapter 378 of the Texas Local Government Code is an abatement of municipal property taxes for properties in the NEZ. In order to accomplish this, the revised Rolling Hills area would need to be designated as a reinvestment zone. The Texas Property Redevelopment and Tax Abatement Act (the Act) requires a public hearing. Notice of the public hearing was (1) delivered to the governing body of each affected taxing unit, and (2) published in a newspaper of general circulation at least seven days prior to the public meeting. The Act requires the property receiving an abatement be located in a reinvestment or enterprise zone. The proposed area meets the criteria for the designation of a reinvestment zone because 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 contribute to the economic development of the municipality. Further, future improvements in the zone will be a benefit to the City after any tax abatement agreements have expired. The designation of a reinvestment zone expires after five years and may be renewed for periods not to exceed five years. The current revised Rolling Hills NEZ area is located in COUNCIL DISTRICTS 8 and 9. 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 by: Susan Alanis (8180) Originating Department Head: Jay Chapa (5804) Additional Information Contact: Sarah Odle (7316) Logname: 17NEZROLLINGHILLSREVISE Page 2 of 2