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HomeMy WebLinkAbout2001/08/21-Minutes-HEDC City of Fort Worth City Council Economic Development Committee Highlights of the Meeting Held Tuesday, August 21,2001 Committee Members Present: Jeff Wentworth, Becky Haskin, Frank Moss, and Jim Lane Other Council Members and Staff Present: Council member Wendy Davis, Tom Higgins, Ardina Washington, Patricia Garcia, Teresa Carreon, Brian Boerner, Kirk Slaughter, Jim Keyes, Peter Vaky, Robert Sturns, Mike Groomer, Christa Lopez, Kevin Hughes, Steve Price, Marcia Wise, Sandy Oliver, Vida Hariri, Joe Paniagua, Jan Baker, Jacqueline Bender 1. Call to Order: The meeting was called to order by Chairman Wentworth at 3:05 p.m. 2. Approval of Minutes from the Meeting Held July 17, 2001: Committee member Moss made a motion to approve the minutes from the meeting held on July 17, 2001. Committee member Haskin seconded the motion. The minutes were approved. 3. Discussion of the Cultural District and Will Rogers Memorial Center Master Plan: Kirk Slaughter, Public Events Director, gave the Committee the following brief update: the plans are on schedule for the opening target date; George Behmanesh, Assistant Director, Transportation & Public Works (T/PW), is preparing a Community Facilities Agreement with the Cowgirl Hall of Fame to be presented to the a,. City Council within the next month; and Carter & Burgess is has begun the design work, keeping in mind the opening date. 4. Discussion and Consideration of Downtown Hotel Projects (A.Convention Center Hotel Project B.T&P Hotel Project): Mr. Groomer, Assistant City Manager, told the Committee that the Developer Interview (DI) Committee (Jeff Wentworth, Wendy Davis, Buz Brightbill, Kirk Slaughter, Charlie Johnson, Jeff Scruggs, Ralph Cook, Laura Alexander and Mike Groomer) spent all day Wednesday, August 15, 2001, reviewing proposals from four very qualified groups of developers. The DI Committee selected the Portman Group from Atlanta, Georgia to recommend to the City Council. The Portman Group was selected because of its recent success and because of its: • Completion of a Sacramento Hotel (which was opened on schedule and within budget) • Near completion of a similar project in Charlotte, North Carolina • Flexibility to work with the City's time line (a specific agenda was not presented) • Independence from a specific brand of hotel (giving the City flexibility to negotiate with the perspective hotel flags) • Strong, positive reputation and proven track record with the bond community Mr. Groomer stated that the DI Committee briefed the Council regarding the recommendation and has asked to extend the negotiations to the Portland Group and to begin the process to identify the hotel flag. The DI Committee asked to move forward more formally with the Portman Group which would allow the Portman Group to present drafts and possibly final agreements to the City Council in early December 2001. The drafts E vHill include financial liability and all other documents needed to proceed and continue �,vlth the target hotel opening date of.lanuary 2004, which will correspond Nkith the second phase of the Cony ention Center. Page I of 3 Mr. Wentworth stated that this information was brought before the full Council and the Council did encourage staff and the consultants to proceed with the outline. Mr. Groomer stated communication would remain open with the Garfield Group, which was the DI Committee's second choice. Mr. Moss asked what impact making the T&P development an upscale hotel would have on the Convention Center Hotel project. Mr. Moss is concerned that the overall market on the lower end of downtown needs to be developed without adding competition to the Convention Center Hotel from a lower-tier hotel. Mr. Groomer stated the T&P project was viable, but the highest priority and focus would be on the Convention Center Hotel project. Council member Davis stated that Mr. Moss' concern is being addressed by HVS in a feasibility and bond market study, which will eventually be presented the City Council. 5. Discussion of Environmental Remediation Enforcement Measures Available to the City: Christa Lopez, Assistant City Attorney, provided information to the Committee concerning the question of what measures the City may have to force property owners clean up their property if they do not qualify for the City's brownfields remediation funding. Ms. Lopez stated that remedial measures or enforcement of environmental laws are handled mostly through federal and state agencies. The City can issue citations for violations. However, beyond finding the property owner guilty of not being in compliance with the City Code and assessing a fine the City does not have the jurisdiction to force a violator remediate. Real enforcement power and resource lies with the Texas Natural Resources Conservation Commission (TNRCC) and the Environment Protection Agency (EPA), which work hand in hand. The laws are clear that the EPA and TNRCC control in the arena of environmental law. Cleanup is basically voluntary unless the risk is eminent or the property needs to be stabilized right away. Otherwise, it goes through an evaluation process beginning with the TNRCC or EPA for Superfund money. The particular area is then ranked on a priority list and, depending on the ranking, funds are appropriated. Ms. Lopez discussed two possible funding sources for cleanup of contaminated property, 1) the Voluntary Clean Up Program and 2) the Innocent Owner/Operator Program. Ms. Lopez stated the TNRCC uses the Voluntary Clean Up Program as an incentive to the buyer who agrees to clean up contaminated property. By completing an application, paying the application fee, and agreeing to a schedule of cleanup, the TNRCC will remove liability from the property owner. The program is voluntary and the City cannot force a buyer or seller enter into an involuntary remediation. With the Innocent Owner/Operator Program, a property owner located adjacent to property that is contaminated and it has affected the owner's property, can receive immunity from liability if the buyer agrees to clean it up. The TNRCC also provide assistance to the property owner. Mr. Vaky, Assistant City Attorney, stated that the current structure of environmental laws and regulations encourages that buyer of real property to seek incentives, but does not give the property owner incentive to cleanup the property in order to make it more attractive fore development by a potential buyer. Ms. Lopez stated the City, the TNRCC, and the EPA want the sellers to cleanup their property, but once it is brought up to standard there is not much the City can do. The violator may not bring it up to the City's standard, but the City's standards may not be equivalent to a violation in environmental law; therefore, the TNRCC will not enforce cleanup. Chairman Wentworth stated a municipality cannot enforce an abandoned gas station owner to remediate the property unless eminent health and safety issues can be proved. A municipality only has the authority to impose a fine up to $2,000. Mr. Vaky stated we are employing every tool we have to force the property owner to bring property up to a higher standard. Mrs. Haskin asked are there not any other incentives (charge higher tax rate, charge an extra fee, or offer an abatement of some sort) that can be used to encourage property cleanup? Page 2 of 3 Mr. Boerner stated the federal money is a spring board for other results such as the Rock Island Hills Apartments, Bass Hall and housing occurring down West 71" this is a reality of Brownfields which has been used since 1985. Underground Storage funds will be applied to the abandoned gas station sites. This is a new program that will be available in the next few weeks. Mr. Boerner stated there is a property tax benefit for property owner installing pollution abatement equipment on an existing facility. Mr. Boerner suggested that if the City wants to be innovative, an abatement scheme to promote cleanup of local gas stations can be developed. After much discussion, the Committee asked staff to research sending a letter to the environmental division of large oil corporations about the cleanup of old gas stations and ask how the corporations can help. The Committee also suggested staff contact other cities and possibly present these concerns before the State Legislature at a future session. 6. Discussion and Consideration of Amending the Tax Abatement Agreement with Tech Data Corporation: Ardina Washington, Business Development Coordinator, presented Tech Data Corporation's request for an amendment to its current tax abatement agreement (handout available upon request). The modification request is due to the slowing computer industry. The company would like to revise its total employment commitment from 456 (originally projected in 1995) to 225. As part of the requested amendment, Tech Data is willing to increase its commitment to hire Fort Worth residents (from 50% to 55%) and to hire Central City residents (from 25% to 30%). Ms. Washington introduced Ben Godwin, Vice President of Real Estate for Tech Data. Chairman Wentworth asked staff to be certain Tech Data understands 55% of total jobs must be occupied by Fort Worth residents and 30% by Central City residents regardless of the total number of employees the company has. Mr. Godwin stated Tech Data has always exceeded their tax abatement commitments and he does not believe there will be any difficulties in the future. A motion was made by Committee member Lane to send the request forward to the full Council for approval. Committee member Haskin seconded the motion. 7. Executive Session: There were no Executive Session items for this meeting. 8. Adjourn: Chairman Wentworth adjourned the meeting at 3:55 p.m. Approved By: Jeff Wentworth, Chairman Page 3 of 3