Loading...
HomeMy WebLinkAboutOrdinance 19460-12-2010 ORDINANCE NO. 19460-12-2010 AN ORDINANCE DESIGNATING A CERTAIN AREA IN THE CITY OF FORT WORTH AS "NEIGHBORHOOD EMPOWERMENT REINVESTMENT ZONE NO. 37, 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 19, 2009, by Resolution No. 3742-05-2009 (M&C G-16572), 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 December 7, 2010, the City Council designated the 28th Street/ Meacham Area as a Neighborhood Empowerment Zone by Resolution 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, the Neighborhood Empowerment Reinvestment Zone No. 37 is located within the 28th Street/Meacham Neighborhood Empowerment Zone; and WHEREAS, the Neighborhood Empowerment Zone No. 37 will promote the creation of affordable housing in the zone and an increase in economic development in the zone; and WHEREAS, on December 7, 2010, the City Council held a public hearing regarding the creation of the Zone which afforded a reasonable opportunity for all interested persons to speak and present evidence for or against the creation of the Zone ("Public Hearing"), as required by Section 312.201(d) of the Code; and WHEREAS, notice of the Public Hearing was published in a newspaper of general circulation in the City on November 29, 2010, which satisfies the requirement of Section 312.201(d)(1) of the Code that publication of the notice occur not later than the seventh day before the date of the public hearing; and WHEREAS, in accordance with Sections 312.201(d)(2) and (e), 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; 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 creation 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 V.T.C.A., Tax Code, Section 312.202, as amended, in that the area is reasonably likely as a result of the designation to contribute to the retention or 2 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. 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 Chapter 312 of the Code. Section 2. DESIGNATION OF ZONE. That the City Council hereby 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 be known as "Neighborhood Empowerment Reinvestment Zone No. 37, City of Fort Worth, Texas". The area within the Zone is eligible for residential and commercial-industrial tax abatement pursuant to Resolution No. 3742-05-2009. Section 3. TERM OF ZONE. That the Zone shall take effect upon the effective date of this Ordinance 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. Section 4. SEVERABILITY. 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. 3 Section 5. EFFECT. That this Ordinance shall take effect upon its adoption. AND IT IS SO ORDAINED. ADOPTED AND EFFECTIVE: December 7, 2010 APPROVED AS TO FORM AND LEGALITY: By: Charlene Sanders Assistant City Attorney M&C: G-17134 4 ORDINANCE NO. 19460-12-2010 EXHIBIT A 28TH STREET/MEACHAM NEIGHBORHOOD EMPOWERMENT ZONE &28TH STREET/MEACHAM NEIGHBORHOOD EMPOWERMENT REINVESTMENT ZONE No. 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; 5 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§663.21, 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." 6 � \ RESOLUTION NO. 3944-12-201 1 • • • • r ',ORDINANCE NO. 19460-12-2010 �• • • _I U) r �Oa a o W DE RIDDER AVE �� �� z F cn m ` LLJ V � � OWNING DR N TERMINAL. `n._ _Q_ �•� � MICHAEL ST w - w r' U z > z � t, �� SYLVgNIACROSS DR Q JASPER ST � � O O � SELENE ST w N 38TH ST w 38TH ST ` 5 BEA�IMGN <� REPpER ST 37TH ST � 37•TH ST 36111 H 35TF•{ ST Rn T� �I 36 f.H ST fv1AYL1ELL F 34TH H N W m z f�IXIE ST _ m J Lu o O *Ft0 LONG AVE 33 w � Q v � 39RD ST W O\PM��O W Rp s'T. = z Q DIAMOND RD N J��O GLENDORA SJT w Q CRge ST 32ND ST p Q m a �'` N cn z 32ND ST 5`� BERNER SS �F 5' w o BRUCF S N� = T Q 31ST STw z w = w p =H AVE > 30TH ST m � Q 30TH ST � o 2 U) DEWEYrST� > \� Q Q � Q a T. ST 29TH ST = w w uj LORAINE ST z m i 28TH ST • S'A�ISBURYIFA EM IRIC)N AVE �• IVE•1' SST i _ - -•. -• • • • • • • • I- -•• - •-•. - • ••- I I 1 , . City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 1217/2010 . Res. No. 3944-12'2010& Ord. No. 19"0-1 2- 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 F u nd/Accou nt/C enters 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: 17NEZ28THSTREET Page 2 of 2