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Home My WebLink AboutResolution 4200-05-2013 A Resolution NO. 4200-05-2013 NOMINATING CAROLINA BEVERAGE GROUP, LLC AS AN ENTERPRISE PROJECT PURSUANT TO THE TEXAS ENTERPRISE ZONE ACT, CHAPTER 2303, OF THE TEXAS GOVERNMENT CODE WHEREAS, the City Council of the City of Fort Worth the "City" has previously passed Ordinance No. 15733 electing to participate in the Texas Enterprise Zone Program, and the local incentives offered under this Resolution are the same on this date as were outlined in Ordinance No. 15733; WHEREAS, the Office of the Governor Economic Development and Tourism through the Economic Development Bank "Bank" will consider Carolina Beverage Group, LLC as an enterprise project pursuant to a nomination and an application made by the City; WHEREAS, Carolina Beverage Group, LLC plans to lease the existing 399,000 square-foot facility at 13300 Park Vista Blvd for their manufacturing and distribution operations in North Texas; WHEREAS, the City desires to pursue the creation of the proper economic and social environment in order to induce the investment of private resources in productive business enterprises located in the City and to provide employment to residents of enterprise zones and to other economically disadvantaged individuals; WHEREAS,pursuant to Chapter 2303, Subchapter F of the Texas Enterprise Zone Act,Texas Government Code (the"Act"),Carolina Beverage Group,LLC, has applied to the City for designation as an enterprise project; WHEREAS, the City finds that Carolina Beverage Group, LLC, meets the criteria for designation as an enterprise project under Chapter 2303, Subchapter F of the Act on the following grounds: 1. Carolina Beverage Group,LLC, is a "qualified business" under Section 2303.402 of the Act since it will be engaged in the active conduct of a trade or business at a qualified business site within the governing body's jurisdiction located outside of an enterprise zone, and at least thirty-five percent (35%) of the business's new employees will be residents of an enterprise zone or economically disadvantaged individuals; and 2. There has been and will continue to be a high level of cooperation between public, private, and neighborhood entities within the area; and 3. The designation of Carolina Beverage Group, LLC, as an enterprise project will contribute significantly to the achievement of the plans of the City for development and revitalization of the area; WHEREAS, the City finds that Carolina Beverage Group, LLC, meets the criteria for tax relief and other incentives adopted by the City and nominates Carolina Beverage Group, LLC, for enterprise project status on the grounds that it is located at the qualified business site and will create a higher level of employment, economic activity and stability in the area; and ORT WO Resolution No.4200-05-2013 WHEREAS, the City finds that it is in the best interest of the City to nominate Carolina Beverage Group, LLC, as an enterprise project pursuant to the Act; NOW,THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: 1. That the findings of the City and its actions approving this Resolution taken at the Council meeting are hereby approved and adopted. 1 That Carolina Beverage Group, LLC,, is a "qualified business," as defined in Section 2303.402 of the Act, and meets the criteria for designation as an enterprise project, as set forth in Section 2303, Subchapter F of the Act. 3. That the enterprise project shall take effect on the date of designation of the enterprise project by the Bank and terrninate five(5)years after the date of designation. Adopted this 7'h day of May,2013. 01 6000000. 7�' its A y7;B 0 F Mary J. Kayser,Vityyecre ry 6) OCR 00 A�l 00000 Cr RT T ,. X �f 0 fz " ��' �`y � �� 1 r G�r �fJ (��f�////G�i�i,.,,, ,!�%✓�iAlj � I 'f � r �/�''„` '"I ,I/ y G t �� /r ��i t r GJ;h1 i �, r i Ukr� �:✓ d 1 1 1V ✓✓ r U m. Mp AA k�/r t � �' �'� r, r ,� 0 � �� r ��„�Y gy • 1 ^puOrv8' �1 yb¢ F r m„ Ym e � 1 '��.�� rr„✓� ,G 9u4', r v 4 Al—&//,,,... Y �� IIIJ➢///l%.I✓/hl I N b!/llp !I, �IW/IMIIIIIIll111111 mU llnllnlrlNlFft'D JfiI YIIl1INdl alYllfllfUn�%//dl�pltt�YVln r City of Fort Worth, Texas Mayor and Council Communication OIwd WMNllup81MNnw!nWiIWUmiWftWRWNSMBPMWIWNWIWflOGl41UWJNSJAPJNJJ�vA@ OBP/f➢POOipY�%WPrAMAWiIMOHN)WW%N(PoOM U.iI.o4m mllwrv}llW rtMflWfMtANN1Y U'i lleNdllCtoXmA o9umvNl fl0wNm4nEVdunrxnwWYAWWidiUlNirNINWItiMOwiNIYVrUYwon6nwwaflNY IJ9M @.lwuwwnw�MUm tMIl ma mnmfiAm wldiouVWMM vm rvl rvomoom00 OmmmmmmmmM1NMN4N COUNCIL,ACTIOI Approved on 517/2013` Resokitipn No,*,',420Q�Q5�2p1 =' as/;rkry IXWI!!tiiYlI010ui1'ditlWl 7uuYNwww,w➢,wlw;'wmwNU lliluuMUl%mmmmm00000000ho ioomiF1WWmimviwMaamWmmmuoWamn murcrtam.relr,�',nnN;,mllmmwammn�wruwtiluwXUUynWlwuawrn!Mw;eAVxTmif 9Plth'WMN4MMa@.u,'4ftAmow�ttlAm.WiNl1'5urmP'hwriAMnmmmnuurJWImNrvPV,ftwwAAewu6aMPw^S,flumslONloloXdlrvkGl'd(Ar0&uW'�MMMINoiwiWP6smim',umlmM@ wMMUwwwwmWwwuwmmmmmuWmmaioMmuwwwi w,Wl'4' DATE: Tuesday, May 07, 2013 REFERENCE NO.: **G-17$79 LOG NAME: 17CBG-RES SUBJECT: Adopt Resolution Nominating Carolina Beverage Group, LLC, as an Enterprise Project, Pursuant to the Texas Enterprise Zone Act, Chapter 2303 of the Texas Government Code (COUNCIL DISTRICT 2) RECOMMENDATION: It is recommended that the City Council adopt the attached resolution nominating Carolina Beverage Group, LLC, as an Enterprise Project, pursuant to Chapter 2303 of the Texas Government Code. DISCUSSION: The City Council of the City of Fort Worth (City) has previously passed Ordinance No. 15733 electing to participate in the Texas Enterprise Zone Program. The Office of the Governor Economic Development and Tourism through the Economic Development Bank will consider Carolina Beverage Group, LLC, as an Enterprise Project, pursuant to a nomination and an application made by the City. The City finds that Carolina Beverage Group, LLC, which plans to lease the existing 399,000 square-foot facility at 13300 Park Vista Blvd for their manufacturing and distribution operations, meets the criteria for designation as an Enterprise Project, under Chapter 2303, Subchapter F of the Act, on the following grounds: 1. Carolina Beverage Group, LLC, is a "qualified business" under Section 2303.402 of the Act since it will be engaged in the active conduct of a trade or business at a qualified business site within the governing body's jurisdiction located outside of an enterprise zone and at least 35 percent of the business' new employees will be residents of an enterprise zone or economically disadvantaged individuals; 2. There has been and will continue to be a high level of cooperation between public, private and neighborhood entities within the area; and 3. The designation of Carolina Beverage Group, LLC, as an Enterprise Project, will contribute significantly to the achievement of the plans of the City for development and revitalization of the area. Carolina Beverage Group, LLC, is a manufacturer of contract beverages including the production of distilled spirits, wine and non-carbonated beverages. This project is 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. Logname: 17CBG-RES Page ] of 2 FUND CENTERS: TO Fu nd/Accou nt/C enters FROM Fund/Account/Centers CERTIFICATIONS: Submitted for City Manager's Office by: Fernando Costa (6122) Originating nating Department Head: Jay Chapa (5804) Additional Information Contact: Robert Sturns (8003) Logname: 17CBG-RES Page 2 of 2