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HomeMy WebLinkAboutOrdinance 17854-10-2007ORDINANCE NO. 17854-10-2007 AN ORDINANCE RENEWING AND RE-DESIGNATING A CERTAIN AREA IN THE CITY OF FORT WORTH AS "NEIGHEORHOOD EMPOWERMENT REINVESTMENT ZONE NO. 7, CITY OF FORT WORTH, TEXAS"; PROVIDING THE EFFECTIVE AND EXPIRATION DATES FOR THE ZONE AND A MECHANISM FOR RENEWAL OF THE ZONE; AND CONTAINING OTHER MATTERS RELATED TO THE ZONE. WHEREAS, pursuant to the City Council's adoption on May 15, 2007 by Resolution 3487 (M&C G-15726), the City of Fort Worth, Texas (the "City") has elected to be eligible to participate in tax abatement and has established guidelines and criteria governing tax abatement agreements entered into between the City and various third parties, as authorized by and in accordance with the Property Redevelopment and Tax Abatement Act, codified in Chapter 312 of the Texas Tax Code (the "Code"); and WHEREAS, the City Council desires to promote the development of the area in the City more specifically described in Exhibit "A" of this Ordinance (the "Zone") through the creation of reinvestment zone for purposes of granting residential and commercial-industrial tax abatement, as authorized by and in accordance with Chapter 312 of the Code; and WHEREAS, on November 26, 2002, the City Council designated the Hemphill/Berry Area as a Neighborhood Empowerment Zone by Resolution Number 2892 (M&C G-13813) to 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, on November 26, 2002, the City Council designated the Hemphill/Berry Area as Neighborhood Empowerment Reinvestment Zone No. 7 by Ordinance Number 15342 (M&C G-13813); and WHEREAS, in accordance with Chapter 312.203 of the Code, the designation of a reinvestment zone for residential or commercial-industrial tax abatement expires five years after the date of the designation; and WHEREAS, Chapter 312.203 of the Code allows for a reinvestment zone to be renewed for a period not to exceed five years; and WHEREAS, the Zone shall to expire on November 26, 2007 and the City Council wishes to renew the Zone for a period of five years; and WHEREAS, on October 30, 2007, the City Council held a public hearing regarding the renewal of the Zone ("Public Hearing"); and WHEREAS, notice of the Public Hearing was published in a newspaper of general circulation in the City on October 19, 2007; and WHEREAS, notice of the Public Hearing was delivered in writing not later than the seventh day before the date of the public hearing to the presiding officer of the governing body of each taxing unit that includes in its boundaries real property that is to be included in the proposed Zone; and WHEREAS, the Neighborhood Empowerment Zane No. 7 will promote the creation of affordable housing in the zone and an increase in economic development in the Zone. 2 NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: SECTION 1. FINDINGS. That after reviewing all information before it regarding the establishment of the Zone and after conducting the Public Hearing and affording a reasonable opportunity for all interested persons to speak and present evidence for or against the creation of the Zone, the City Council hereby makes the following findings of fact: 1.1. The statements and facts set forth in the recitals of this Ordinance are true and correct. Therefore, the City has met the notice and procedural requirements established by the Code for renewal of a reinvestment zone under Chapter 312 of the Code; and 1.2. That the boundaries of the reinvestment zone shall be the boundaries as described in Exhibit "A" which is attached hereto and made a part hereof; 1.3. The Zone meets the criteria for the designation of a reinvestment zone as set forth in Section 312.202 of the Code, as amended, 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 municipality. 3 1.4. Future improvements in the Zone will benefit the land included in the Zone as well as the City for a period in excess of ten (10) years, which is the statutory maximum term of any tax abatement agreement entered into under the Chapter 312 of the Code. SECTION 2. RENEWAL AND RE-DESIGNATION OF ZONE. That the City Council hereby renews and re-designates the Zone described in the boundary description attached hereto as Exhibit "A" and made a part of this Ordinance for all purposes as a reinvestment zone for purposes of granting residential and commercial-industrial tax abatement, as authorized by and in accordance with Chapter 312 of the Code. The Zone shall continue to be known as "Neighborhood Empowerment Reinvestment Zone No. 7, City of Fort Worth, Texas". The area within the Zone is eligible for residential and commercial-industrial tax abatement pursuant to Resolution No. 3487. SECTION 3. TERM OF ZONE. That the Zone shall be renewed upon November 26, 2007, and expire five (5) years thereafter. The Zone may be renewed by the City Council for one or more subsequent terms of five (5) years or less. 4 SECTION 4. SEVEI2ABILITY. That if any portion, section or part of a section of this Ordinance is subsequently declared invalid, inoperative or void for any reason by a court of competent jurisdiction, the remaining portions, sections or parts of sections of this Ordinance shall be and remain in full force and effect and shall not in any way be impaired or affected by such decision, opinion or judgment. SECTION 5. EFFECTIVE DATE. That this Ordinance shall take effect upon its adoption. AND IT IS SO ORDAINED. ADOPTED AND EFFECTIVE: October 30, 2007 APPROVED AS TO FORM AND LEGALITY: By: Charlene Sanders Assistant City Attorney Date: October 30, 2007 M&C: G-15949 5 EXHIBIT A HEMPHIL.UBERRY NEIGHBORHOOD EMPOWERMENT REINVESTMENT ZONE NO. 7 General Description: The area to be designated as Fort Worth Neighborhood Empowerment Reinvestment Zone No. 7 for tax abatement purposes contains 1.50 square miles of land and is within the area described below: On the North: Beginning at the intersection of the Burlington Northern Railroad right-of-way, formerly the A.T. & S.F. Railroad right-of-way, and Paige Street. Thence east along Paige Street to the northwest corner of Lot 3, Block 3, Hemphill Heights Addition, as recorded in Volume 106, Page 109 of the Tarrant County plat records. Thence south along the western property line of Lot 3 and Lot 14, Block 3, Hemphill Heights Addition, to Hulkey Street. Thence south across Hulkey Street to the alley that bisects Block 1, Winston Addition as recorded in Volume 204, Page 1 of the Tarrant County plat records. Thence south along the alley behind the rear property lines of Lots 18 -10, Block 1, Winston Addition to West Morningside Drive. Thence continuing south across West Morningside Drive to the northwest corner of Lot 2, Block 2, Winston Addition. Thence south along alley behind the western property lines of Lots 2 - 8, Block 2, Winston Addition. Thence south across Capps Street to the alley that bisects Block 4, South Hemphill Heights Addition as recorded in Volume 106, Pages 132 & 133 of the Tarrant County plat records. Thence south along said alley behind the western property lines of Lots 24-13, Block 4, South Hemphill Heights Addition. Thence south across Cantey Street to the alley that bisects Block 15, South Hemphill Heights Addition, and continuing south along said alley behind the western property lines of 24-13, Block 15, South Hemphill Heights Addition. Thence south across Lowden Street to the alley that bisects Block 21, South Hemphill Heights. Thence south along said alley behind the western property lines of Lots 24-13, Block 21, South Hemphill Heights Addition. Thence south across Bowie Street to the alley that bisects Block 32, South Hemphill Heights Addition. Thence continuing south along said alley behind the western property lines of Lots 24-14, Block 32, South Hemphill Heights Addition, to the southwest corner of Lot 14. Thence east along the south property line of Lot 14, Block 32 to Jennings Avenue. Thence south along Jennings Avenue to Berry Street. Thence east along Berry Street to Southbound Interstate Highway 35 West (IH 35W), also know as the South Freeway. On the East: Beginning at the intersection of Berry Street and southbound Interstate Highway 35 West (IH 35W), also know as the South Freeway. Thence south along IH 35W to Ripy Street. Thence west along Ripy Street to South Jones Street. Thence south along South Jones Street to Butler Street. 6 Thence east along Butler Street to the Southbound IH 35W. Thence proceeding south along IH 35W to Thornhill Drive. Thence west along Thornhill Drive to its intersection with the northwest corner of Lot 1A, Block 12, Southwayside Addition, as recorded in Volume 388-0, Page 451 of the Tarrant County plat records. Thence south along the western property lines of Lots 1A and 2A, and 3-15, Block 12 Southwayside Addition. Thence south across Hammond Street to the northwest corner of Lot 1, Block 13, Southwayside Addition, as recorded in Volume 388-R, Page 14, thence following the western property lines of Lots 1-10, Block 13, Southwayside Addition to Spurgeon Street. Thence south across Spurgeon Street to the northwest corner of Lot 2, Block 9, Southwayside Addition, also recorded in Volume 388-R, Page 14 of the Tarrant County plat records. Thence south along the western property line of Lot 2, Block 9, Southwayside Addition, and the western property line of Tract 3B7, John Thornhill Survey, Abstract 1519, as recorded in Volume 11094, Page 1765 of the Tarrant County deed records, to Felix Street. On the South: Beginning at the intersection of Tract 3B7, John Thornhill Survey, Abstract 1519, as recorded in Volume 11094, Page 1765 of the Tarrant County deed records, and Felix Street. Thence west along Felix Street to the southwest corner of Lot 18, Block 32, Marquette Place Addition, as recorded in Volume 388, Page 3 of the Tarrant County plat records. On the West: Beginning at the intersection of Felix Street and the southwest corner of Lot 18, Block 32, Marquette Place Addition, as recorded in Volume 388, Page 3 of the Tarrant County plat records. Thence north along the western property line of Lots 18 and 19, Block 32, Marquette Place Addition, to the southwestern corner of Lot 3, Block 36, South Side Addition-Fort Worth, as recorded in Volume 204A, Page 109 of the Tarrant County plat records. Thence north along the western property lines of Lots 3 through 1 Block 36, South Side Addition to Spurgeon Street; thence north across Spurgeon Street to the southwest corner of Lot 6, Block 33, South Side Addition, thence north along the western property lines of Lots 6 through 1, Block 33, South Side Addition to Boyce Street. Thence north across Boyce Street to the southwest corner of Lot 6, Block 28, South Side Addition, thence north along the western property lines of Lots 6-1, Block 28, South Side Addition to Hammond Street. Thence north across Hammond Street to the southwest corner of Lot 6, Block 25 South Side Addition, as recorded in Volume 204A, Page 109 of the Tarrant County plat records. Thence north along the western property lines said Lot 6, Block 24 and of 5A, 4A, 3A, Block 25, South Side Addition, as recorded in Volume 388-58, Page 459; thence continuing north along the western property lines of Lots 2 and 1, Block 25, as recorded in Volume 204A, Page 109 of the Tarrant County plat records to Gambrell Street. Thence north across Gambrell Street to the southwest corner of Lot 6, Block 20, Southside Addition, then north along the western property lines of Lots 6-1, Block 20, Southside Addition, as recorded in Volume 204A, Page 109 of the Tarrant County plat records to Beddell Street. Thence north across Beddell Street to the southwest corner of 7 Lot 6 Block 17, Southside Addition; then north along the western property lines of Lots 6-1, Block 17, South Side Addition, as recorded in Volume 204A, Page 109 of the Tarrant County plat records to Broadus Street. Thence north across Broadus Street to the southwest corner of Lot 6, Block 12, South Side Addition, thence north along the western property lines of Lots 6-1, Block 12, South Side Addition as recorded in Volume 204A, Page 109 of the Tarrant County plat records, to Kellis Street. Thence north across Kellis Street to the southwest corner of Lot 2R, Block 10, South Side Addition as recorded in Volume A, Page 636 of the Tarrant County plat records. Thence north along the western property line of Lot 2R, Block 10 South Side Addition to Seminary Drive. Thence west along Seminary Drive to the alley that bisects Block 9, Walker Addition, as recorded in Volume 204, Page 50 of the Tarrant County plat records. Thence north along the alley behind the western property lines of Lots 12-1, Block 9, Walker Addition to Flint Street. Thence east along Flint Street to College Avenue. Thence north along College Avenue approximately 50' to the continuation of Flint Street. Thence continue east along Flint Street to the southwest corner of Lot 6, Block 3, Southside Addition-Fort Worth, as recorded in Volume, 204A Page 109 of the Tarrant County plat records. Thence north along the western property lines of Lots 6 through 1, Block 3, Southside Addition, to Malta Avenue. Thence north across Malta Avenue to the southwest corner of Lot 7, Block 2, South Fort Worth Addition. Thence north along the western property lines of Lots 7-1, Block 2, South Fort Worth Addition to Bolt Street. Thence north across Bolt Street to the southwest corner of Lot 7, Block 48, South Fort Worth Addition, as recorded in Volume 204, Page 15 of the Tarrant County plat records. Thence north along the western property lines of Lots 7 through 4, Block 48, South Fort Worth Addition, to Mason Street. Thence north across Mason Street to the southwest corner of Lot 15, Block 41, South Fort Worth Addition, as recorded in Volume 204, Page 15 of the Tarrant County plaf records. Thence north along the western property lines of Lots 15 through 4, Block 41 South Fort Worth Addition, to Drew Street. Thence west along Drew Street to Travis Street. Thence north along Travis Street to Fogg Street. Thence east on Fogg Street to the southwest corner of Lot 15, Block 32, South Fort Worth Addition, as recorded in Volume 204, Page 15 of the Tarrant County plat records. Thence north along the western property lines of Lots 15 through 4, Block 32, South Fort Worth Addition to W. Pafford Street. Thence north across W. Pafford Street to the southwest corner of Lot 9, Block 28 South Fort Worth Addition, as recorded in Volume 204, Page 15 of the Tarrant County plat records. Thence north along the western property lines of Lots 9 through 4, Block 28, South Fort Worth Addition, to Waggoman Street. Thence north across Waggoman Street to the southwest corner of Lot 9, Block 21 South Fort Worth Addition. Thence north along the western property lines Lots 9 through 6, Block 21, South Fort Worth Addition as recorded in Volume 204, Page 15 of the Tarrant County plat records. Thence north along the western property lines of Lot 4R, Block 21, South Fort Worth Addition as recorded in Volume 388-71, Page 121 of the Tarrant County plat records, to West Dickson Street. Thence north across West Dickson Street to the southwest corner of Lot 10, Block 16 Cameron Place, as recorded in Volume 309, Page 30 of the Tarrant County plat records. Thence north along the western property lines of Lots 10 through 18, Block 16, Cameron Place, to Butler Street. Thence north across Butler Street to the southwest corner of Lot 13, Block 9, Cameron Place, as recorded in Volume 309, Page 30 of the Tarrant County plat records. Thence north along the western property lines of Lots 13 through 24, Block 9 Cameron Place to Ripy Street. Thence north across Ripy Street to the southwest corner of Lot 11, Block 4, Cameron Addition as recorded in Volume 309, Page 30 of the Tarrant County plat records. Thence north along the western property line of .Lot 11, Block 4 as recorded in Volume 309, Page 30 of the Tarrant County Plat Records and along the western property lines of 12R, Block 4, as recorded in Volume 388-196, Page 87 of the Tarrant County plat records, and Lots 14 through 20, Block 4, as recorded in Volume 309, Page 30 of the Tarrant County plat records, to Biddison Street. Thence west along Biddison Street to its intersection with Henderson Street. Thence north along Henderson Street to its intersection with Berry Street. Thence west along Berry Street to its intersection with the Burlington Northern Railroad right-of-way, formerly the A.T. & S.F. Railroad right-of-way. Thence north along said right-of-way to its intersection with Paige Street, also being the point of beginning. "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 or interests implied or established by the creation or reconfiguration of the boundary of the political subdivision for which it was prepared." 9 C®ty ®f F®r~t VV®rt~, Texas Mayor and Council Communication COUNCIL ACTION: Approved As Amended on 10/30/2007 -Ordinance No. 17854-10-2007 DATE: Tuesday, October 30, 2007 LOG NAME: 05HEMPHILLNERZ REFERENCE NO.: G-15949 SUBJECT: Adopt Ordinance Concerning Renewal of the Hemphill/Berry Neighborhood Empowerment Reinvestment Zone No. 7 ~__ RECOMMENDATION: It is recommended that the City Council: 1. Hold a public hearing concerning the renewal of the Hemphill/Berry area as Fort Worth Neighborhood Empowerment Reinvestment Zone No. 7; and 2. Adopt the attached ordinance which designates the renewal of Fort Worth Neighborhood Empowerment Reinvestment Zone No. 7 pursuant to the Texas Property Redevelopment and Tax Abatement Act, Tax Code, Chapter 312. DISCUSSION: On November 26, 2002, (M&C G-13813) the City Council adopted Resolution No. 2892 to designate the Hemphill/Berry area as a Neighborhood Empowerment Zone (NEZ) and adopted Ordinance No. 15342 which designated Fort Worth Neighborhood Empowerment Reinvestment Zone (FWNERZ) No. 7. -According to the Texas Property Redevelopment and Tax Abatement= Act, Tax -Code, Chapter 312, -the designation of a reinvestment zone for residential or commercial-industrial tax abatement expires five years after the date of the designation and may be renewed for periods not to exceed five years. The current ordinance designating FWNERZ No. 7 expires on November 25, 2007, and must be renewed in order for the City of Fort Worth to be eligible to participate in the NEZ tax abatement authorized by Chapter 312. According to State Law, in order to adopt the attached ordinance for renewal, five members of the City Council must vote in favor of adoption. FWNERZ No. 7 and the Hemphill/Berry Neighborhood NEZ are located in COUNCIL DISTRICT 9. FISCAL INFORMATION/CERTIFICATION: The Finance Director certifies that this action will have no material effect on City funds. Logname: OSHEMPHILLNERZ Page 1 of 2 TO Fund/AccountlCenters FROM Fund/Account/Centers Submitted for City Manag_er's Office by_ Originating Department Head: Additional Information Contact: Dale Fisseler (6140) Jerome Walker (7537) Sarah Odle (7316) Logname: OSHEMPHILLNERZ Page 2 of 2