HomeMy WebLinkAboutResolution 363 RESOLUTION FILE NO,
R E S O L U T I O N
RESOLUTION AUTHORIZING A REQUEST FOR DESIGNATION
WITH THE ECONOMIC DEVELOPMENT ADMINISTRATION, U.S.
DEPARTMENT OF COMMERCE, UNITED STATES OF AMERICA,
UNDER THE TERMS OF SECTION 401 (a) (6) OF THE PUB-
LIC WORKS AND ECONOMIC DEVELOPMENT ACT OF 1965, AS
AMENDED.
WHEREAS, under the terms of Section 401 (a) (6) of the Public
Works and Economic Development Act of 1965, as amended, the United States
of America has authorized the designation of specific areas of incorpor-
ated jurisdictions as Special Impact Type of Redevelopment Areas;
WHEREAS, the Stockyards Area has been found to possess excel-
lent potential for commercial and industrial redevelopment;
WHEREAS, there is a need for and support of such a commercial
-� and industrial Overall Economic Development Program;
WHEREAS, such redevelopment would be to the benefit of the
Stockyards Area and the City of Fort Worth;
NOW THEN, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
FORT WORTH, TEXAS:
1. That the Updated Fort Worth Stockyards Overall Economic
Development Program be endorsed as the economic develop-
ment program for the Fort Worth Stockyards Area; and
2. That the City Manager be authorized to request extention
of designation of the area within the U. S. Census Tracts
03, 09, and that portion of Tract 2.02 located South of
N.E. 28th Street and West of Decatur and Samuels Avenue
as a Special Impact Type of Redevelopment Area by the
Economic Development Administration.