HomeMy WebLinkAboutContract 28122CITY �����A�Y��
�BNiF�ACY RlO. �. ._. ,., _ .,
STATE OF TEXAS §
C4[1NTY OF TARRANT §
TAX ABATEMENT AGREEMEl�iT FOR PROP�RTY LOCATED IllT A
1�jG�IBORHOOD EMP4WERMENT ZQNE
T4us TAX ASATEMENT AGREEMENT ("Agreement") is entered into by and
between the CITY OF FORT WDRTH, TEXAS (the "City"), a ho�e rule municipal
corporation Qrganszed under the laws of the 5tate of Texas and acting by and through
_, its duly authorized Assistant City Manager, and the Fort Worth
Hausing Finance Corporation, a non-profit housing deveiopment
corporatian. {��Qwner"), acting by and through rerorne Walker, its duly
autharized Owners' Representative.
The City Counci� of the City of Fort Worth ("City Counci�"} hereby finds and the City
and Owner hereby agree that the fallowing statements are true and correct and constitut� the
basis upon which the City and Owner have entered into this Agreement:
A. Chapter 378 af the Texas Local Government Code allaws a municipality to creatc
a Neighborhdod Empowernnent Zone '(NEZ) if the municipality determines that
the creation of the zane would promote:
l. The creation o� affordable housing, inc�uding manufactured housing in the
zane;
2. An incr�ase in ecanomic d�velopment in the zone;
3. An increase in the quality of social services, educatio�, ar publie safety
� provided to residents of the zone; ar
4. The rehabilitation of affordable housing in the zone.
B. Chapter 378 oF the Texas Local Government Code pravides that a municipality
t�at ereates a NEZ, rnay enter into agreements abaking �nunicipal property taxes
on property in the zone. � �
C. �n July 31, 2001, the City adapted basic incentives for property owners who own
praperty located in a NEZ, stating that the City elects to be eligibie to participate
in tax abatement and including guidelines and criteria go�eming tax abatement
agreements entered inta between the City and varinus third parties, titled "NEZ
Basic �ncentives" ("NEZ �ncenf.i�es"}, which is attached hereto as Exhibit "A"
and hereby made a part of this Agreement for al] purpases.
D. The NEZ Incentives cantains appropriate guidelines and criteria gaveming tax
abatemeni agreements to be ente:red into by the City as contemplated by Chapter
312 of the Texas Tax Code, as amended (the "Code"�. - W� ',
�'�� 1C �'4:
E. On September 11, 2QOi, the Fort Worth City Council adopted Ordinance Na.
14767� (the "Ordinance"} establishing "Neigf�barh.00d Empawerment
Reinvestment Zane No. 1," City oi Fort Worth, Texas (the "Zone").
F. �wner owns certain real property locatec� entirely within the Zone and that is
m�re particularly described in Exhibit "B", attached hereto and hereby made a
part of this Agr�ement for all purposes (the "Premises").
G. Owner or its assigns plan to construct the Required Improvements, as defined in
Sectian 1.1 of this Agreement and as described in Exhibit "C", on the Premises io
be used for as a single-family residence that will be owner occupied. (the
"Project"). �
H, On September 28, 2001, Qwner submitted an applicatian for NEZ inc�nti�es and
tax abatement to the City concez�ning the contemplated use of the Premises (the
"Application"), attached hereto as Exhibit "D" and hereby made a part of this
Agreement for all purposes.
I. The City Council finds that the contemplat�d us� of the Premsses, the Required
Improvemer�ts, as defined in Sectian 1.1, and the terms af this Agreement are
consistent with encouraging develvpment of the Zone in accardance with the
purposes far its creation and are in compliancc; with the NEZ Incentives, the
Resolutian and other a�plicable Iaws, ordinances, :rules and regulations.
,�. The City Council finds that the terms of this Agreement, and the Premises and
Required Ir��rovements, satisfy the eligibility criteria of the NEZ Incentives.
K. Written notice that the City intends to enter into this Agreeinent, along with a
copy of this Agreement, has been furnished in the manner prescribed by the Cod�
to th� presiding afficers of thc governing bodies of each of the taxing units in
which the Premises is located.
1VOW, THEREFORE, the City at�d Owner, for and in consideration of the terms and
conditians set forth herein, do herehy contract, covenant and agree as fo.11aws;
1. OW1�1ER'S COVEllTA1�TTS.
11. Real Prope�tv Imnrovements.
Owner shall construct, or cause tn be constructed, on and within the Premises
certain impro�ern�nts consisting of a single family residence, (i) of at leasE I,200 square
feet in size, and (ii) having a canstructic�n cost upon completion of $ 6Q,000 including site
develapment costs but such minimurn eonstruction costs shall be reduced by any
construction cost savings (collectively, the s`Requ.ired Improvemen�s"). Owner shall
provide a survey of the completed home showing Required Improvements befor� �h�-
hame is sold. The parties agree that the �nal survey shall be a part of �hi� ��ern�r�r� a���
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shall be lab�led Exhibit E. 1Vlinor variations, and more substantial variations if approv�d
in writing by bath of the parties to this Agreement, in the Requirsd Impravements from
the description provided in the Application for Tax Abatement shalI not constitute an
Event of Default, as defined in Section 4.1, provided that the conditions in the first
sentence of this Section 1.1 are met and the Required Improvements are usad far the
puarposes and in the manner described in Exhibit "D".
1.2. Camnletion Date of Reauired Imnravements.
Owner covenants to substantially complete construciion of aIl of ihe Required
Tmpro�ernEnts within twa years from the issuance and receipt of the building permit,
unless delayed because of force rnajeure, in which case the two years shall be extended
by the number of days cofnprising the specific force r�aje�re. For purposes of this
Agreernent, farce majeure shail mean an event b�yond Owner's reasonable control,
including, withaut lzmitation, delays caused by adverse weather, delays in receipt of any
required permits or ap�rovaIs from any governmental authority, or act� of God, fires,
strikes, national disasters, wars, riots and material or labor restrictions and shartages as
determined by the City of Fort Worth in iks sole discretion, which shall not be
unreasonably withheld, but shall not include construction delays caused duc to pnrely
financial matters, such as, without limitation, deiays in the obtaining of adequate
financing.
1.3. Use of Premises.
Owner covenants that the Required Improvements shall be canstructed and the
Premis�s shall be sold so that it is continuously used as the primary residence of the
Hame Buyer in accordance with the description of the Proj�ct set �arth in Exhibit "D". In
addition, O�vner covenants that throughout the Term, the Rec�uired Improvements shall
he operated and maintained far the purposes set forth in this Agreernent and in a manner
that is consistent with the general purposes of encouraging development or
rede�elopment of the Zone.
�. ABATEME1�iT AMOUI�TS, TERMS,A1�iD C�NDITIONS.
Subject to and in aecordance with this Agreement, the City hereby grants to Owner a real
property tax abaternent on the Pramises, the Required Improvements, as�specifically provided in .
this Section 2("Abatement"). "Abatement" of real property taxes only includes City af Fort
Worth-impased taxes and not taxe5 from other taxing entities.
21. Amouni of Abatement.
Tfie actual amount of the Abatement grant�d under this Agreement shall be
based upon the increase in value of the Premises and the Required Impro�ements o�er
their values on January 1, 2002 and according to the Tarra� =����ai� �}stri��; this
amount is $1,OQ0 the year in which this Agreement was entere�i s��c : G ��
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One Hundred percent (100%o} of the increase in value from the
construction of the Required 7rnprav�;ments.
If the total canstruction costs of the Required T�nprovements are iess than as
provided in Section 1.1 a� �his Agreement, except that such minimnm construction costs
sha11 he reduced by construction cost�savings, Qwner will not be eligible to receive any
Abatement under this Agreement.
2.2 Term oi Abatement.
The term of the Abatement (the "Terrn") sha11 begin on January 1 0� the
year following the calend�r yea.r in which [he Required Irnprovement is sold to a
Hame Buyer to be used as its primary residence ("Beginning Date")_and, unless
sooner terrninated as her�in provided, shall end an December 31 irn2nediately
preceding the fifth (S`�') anniversary af the Beginning Date. Upon the sale to a
Home Buyer, City shaIl certify that the Required Irnprovements have been
carnpleted in satisfaction of the terms of this Agr�ement.
However, the CampSiance Auditing Term will begin on the date this agreezrient is
e�e�uted and wilI end on the expiration date of the Term.
2.3. Pratests Over Anuraisals or Assessments.
Owner sha11 have the right to pratest and contest any or alI appraisals or
assessments of the Premises and/or improvemefits �hereon.
�.4. Abatement AunlicatiQn Fee.
The City acknowledges rec�ipt from Owner of the required Abatement
application fee of twenty-five dallars {$25.00�. �
3. RECORDS. CERTIFICATIOI�T A1�TD EVALUATION OF PRO.TECT.
3.1. Insyection of Premises.
Between the execution date of this Agreement and the last day of the Term, at any
time during canstruction of the Required Improvements and follawing reasonable natzce
ta Or�ner, the City shall have and Owner shall provide access to the Premises in order for
t�e City to inspect the Pzemises and evaluate the Required Impro�ements to ensure
comp�iance with t�e �terms and conditions of this Agreement.. Owner shall coaperate
fully with the City during any such inspection andlor evaluation.
3.2. Cer�ifieation - -
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Property Owner, and Home Buyer ance the property is sold, .shall certify annualry
to the C�ty that i� is in compIiance with each applicable term of this agreement. The City
shall have the rig�t to audit at the City's expense the financial and business records of
Owner that relate to th� Constr�ctian of the Project and Abatement terms anc� canditions
(collectively, the "Records"} at any tirne during th�e Compliance Auditing Term in order
to deternune campliance with this Agreement and to caleulate the correct percentage of
Abatement a�ailable to Owner. Owner s�all make all applicable Records available to the
City an the Premisas or at another location in the City follawing reasonable advance
notice by the City and shall otherwise cooperate fu11y with the City during any audit.
3.3. Provision of Information.
On or before February 1 following the end of every year during the Camp�iance
Auditing Term and if requested by the City, Owner shaIl grovide information and
documentation for the previaus year that addresses Owner's cflmpliance with each of the
terms and conditians of this Agreement for that calendar year.
Failure to provide adl information within the contror of Owner required hy this Section
3.3 shall canstitute an Event of Default, as defined in 5ectinn 4.1.
3.4. Determinatian of Compliance.
On or befoz'e August 1 of each year during the Cart�pliance Auditing Term, the
City shall make a decision and riale an the actual annual percentage of Abatement
available to �wner far th� foIlowing year of the Term and shall notify O�vner of such
decision and raling. The actua� percentage af the Abatement granted for a given year ai
the Term is therefore based upon Owner's compIiance with the tarms and conditians of
this Agreement during the previous year of the Campliance Auditing Term.
4. EVENTS OF DEFAULT.
41, Defined.
' Unless otherwise apecified herein, Owner shall be in defaulC of this Agreernent if
(ij Owner fails to construct the Rec�uired �nprovements as defined in Section 1.1; (ii) ad
valarem real property tax�s with respect to the Premises or the Project, or its ad valorem
taxes with respect ta the tangible persanal property located on the Premises, become
delinquent anii Owner does not timely and prQperly follow the legal procedures for
protest andlor contest of any such ad valorem real praperty or tangible personai property
taxes or (iii} Home Buyer does not use the Premises as prir3aary residence once the
abatement begins {collectively, eack� an "Event of De€ault").
4.2. Notice to Cure.
Subject to SecCion 5, if the City determines that an Event of Default has occurred,
the City shall prnvide a written notice to O�vner that describes the nature of the Event af
Default. Owner shall have ninety (90) calendar days from the date of receipt of this �
w�itten r�otice ta fully cure or have cured the Event of Default. If Owner reasonably
believes that Owner wil] require additianal time ta cure the Event of Default, Owner shall
promptly notif� the City in writing, in which case (i) after advising the City Council in an
open meeting of Ownar's efforts and intent to cure, Owr�er shal� have ane hundred eighty
{1$0) calendar days from the origin�l dake of receipt af the written notice, or (ii} if Owner
reasonably believes that Owner will requixe more than one huncired eighty (180) days to
cure the Event of Default, after advising the City Council in an open meeting of Owner's
efforts and intent to cure, such additional time, if any., as may be offered by the City
Council in its sole di�cretion. �
4.3. Termination for Event of De�sult and Pavment of Liquidated Dama�es,
If an Event af Defaul� which is deiined in Section 4.1 has not been cured within
the time frame specifically allowed under Section 4.2, the City shall have the right to
terminate this Agreement irnmediately. Owner acknowledges and agrees that an uncured
Evertt of Default will (i) harm the City's economic dev�lopment and redevelopment
efforts on the Premises and in the vicinity af the Premises; (ii) require unplanned and
expensive additianal administrative Q�ersight and in�olvement by the City; and (iii)
otherwise harm the City, and Owner agrees that the amounts of actual damages therefrom
are speculative in natur� and wijl be difficuIt or impossible to ascertain. Therefore, upon
termination of this Agteement far any Event af Default, Owner shall not be eligible for
thE Abatement for the remaining Term and Own�r shall pay the City, as liquidated
damages, all taxes that were abated in accordance with this Agreement for eac� yeaz'
when an Event of Default existed and which otherwise would have b�en paid to the City
in the absence of this Agreement. The City and Qwne� agree that this amount is a
reasonable approximation of actual darnages that the City wili incur as a resuIt oTr an
uncured Event of Default and that this Section 4.3 is intended to pro�ide the City with
compensation fflr actual damages and is not a pena3ty. This amount may be recovered by
the City through adjustments made to Owner's ad valorem praperty tax appraisal by the
appraisal district that has jurisdiction over t�►e Premises. Otherwise, this amount shall be
due, awing and paid ta the City within sixty (60} days following �he effective date of
ternunation of this Agreernent. Tn the event that alI or any portion of this amount is not
paid to the City within sixty (50} days following the effective date of termination of this
Agreement, Owner shall also be liable for aIl penalties arid interest on any outstanding
amount at the statutory rate fQr delinquent taaces, as determined by the Code at the time of
the payment of suc�i penalties and interest (currently, Section 33.01 of the Code).
4.4. Terminat�on at Will.
If the City and Owner mutually deiernune that the development or use of the
Pxemises or the anticipated Required Improvements are no longer apprapriate or feasible,
or that a higher or better use is preferable, the City and Owner may terminate this
Agreement in a written format t�at is signed by both parties. In this evenC, (i) if the Term
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has commenced, the Term shall expire as af the ef�ective date of the termirnakaon o� this
Agreernent; (ii) there shall be na recagture af any ta�ces previously abated; and (iii)
neither part�+ shall have any further rights or obZigations hereunder.
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6.
City:
EFFECT OF SALE OF PREMISES.
The Abaternent &ranted hereunder shall vest anly in Owner and cannot be
assigned to a new owner of all or any portion of the Prernis�s andlor Required
Improvements without �he priar written consent of the City Councii, whic�i cons�nt shall
not be unreasonably withheid provided that (i) the City Council finds that the praposed
assignee is �inancially capable of ineeting the terms and conditions of this Agreerrient and
(ii) the propased purchaser agrees in writing to assume alI terms and conditions of Owner
under this Agreement. Owner may not atherwise assign, lease or convey any of its rights
under this Agreement. Any att�;mpted assignment without the City Council's prior
written consent shall constitute groun.ds for termination of this Agreement and the
Abatement granted hereunder fallowin� ten (10) calendar days af receipt of writt�n
notice frorn khe City to Owner.
Tn no event shall the abatement term be extended in the even� oi a subsequent sale
or assignment.
NOTICES.
All written natices called for or required by this Agreement shall be addressed to
the following, or such other party or address as either party designates in writing, by
eertified mail, postage prepaid, or by hand delivery: �
Owner:
Cit.y of Fort Worth
Attn: City Manager
1000 Throckmorton
Fort Warth, TX 76102
'�. 1VIISCELLANEOUS.
i.l. Bands.
Fort Wort� Housing Finance Carporation
I�OQ Throckmorton
F�rt Wnrth, Texas 76102
The Required Improvements will not be financed by tax increment bonds. This
Agreement is subject to righ.ts of holders of outstanding bonds of the City.
7.2. Contlicts af �nterest.
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Neither the Premises nor any of the Requir�d Improvements covered by this
Agreement are owned or leased by any member of th� City Council, any member af the
City Planning or Zaning Commission ar any member of the gaverning body of any taxing
units in the Zone.
7.3. Contiicts Between Documents.
In the event of any conflict between the City's zoning ardinances, or other City
ardinances or regulations, and this Agreement, such ordinances or regulations shall
control. In ti�e eveztt of any canflict between the body of this Agreement and Exhibit
"D", the body af this Agreement si�a11 control.
7.4. Future AnA�icafion.
A portian or all of the Premises andlor Required Improvements may be eligible
for camplete ar partia� exemption from ad valorem taxes as a result of existing law or
future legislation. This Agreement shall not be � construed as evidence that such
exemptions do not apply to the Premises and/or Required Improvements.
'�.�. Cit� Cauncil Authorization.
This Agreement was authorized by the City Cauncil thro�gh approval of Mayor
and Council Co�nmunicatian Na. on , which, arnong other
things, authorized the City Manager to execute this Agreement on behalf of the City.
'�.6. Estappel Certificate.
Any party hereto may request an estoppe] certiFicate from another party hereto so
long as the certificate is requested in connection with a bona fide business purpose. The
certificate, which if requested wil] be addressed to the Owner, shall include, but nat
necessarily be IimiCed to, statements ti�at this Agreement is in full force and effect
without d�fault (or if an Event of Default exists, the nature of the Event of Defau�t and
curative acrion taken and/or necessar� to eifect a cure), the remaining term of this
Agreement, the levels and rernaining t�rm of the Abatement in �ffect, and such other
matters reasonably requested by the party or parties to receive the certificates.
7.7. Owner Standin�.
Owt�er shall be deemed a groper and necessary party in any 1it�gation questioning
or challeng�ng the validity of this Agreement ar any af the underlying laws, ordinances,
resaIutions or City Cauncil actions authorizing this Agreement, and Owner shall be
entitled to interv�ne in any such litigatian.
�.�. Venue and ,lurisc�tion. . -
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This Agreement shall be constru�d in accordance with the �aws of the State of
Texas and applicable ordi�ances, rules, regulations or policies of the City. Venue for any
action under triis Agreement shall Iie in the State District Court of Tarrant County, Texas.
This Agreement is perfarmable in Tarrant Caunty, Texas
'�.9. Recorda��on.
A certified capy af this Agreement in recordable forna shall be recarded in the
De�d Records of Tarrant County, Texas.
i.lQ. � Severabilitv.
If any provision of this Agreement is held to be invalid, illegal or unenforceable,
the validity, legality and enfarceability of the remaining pravisions shalI not in any way
be affected or impaired. �
'�.11. Headin�s Not Controllin�.
Headings and titles used in this Agreement are far reference purposes only and
sliall not be deemed a part of this Agreement. �
7.1�. Entiretv of A�reement.
This Agreernent, including any exhibits attached here�o and any documents
incarporated herein �by reference, contains thc: entire understanding and agreement
between the City and Owner, their assigns and successors in inter�st, as to the matEers
contained herein. Any prior flr contemporaneous aral or written agreement is hereby
declared null and void to the axtent in conflict with any pravision of this Agreement.
This Agreement shall not be amended un�es� executed in writing by both parties and
appr�ved by the City Cauncil. This Agreement may be executed in multiple
counterparts, each of which shaI1 be cansidered an original, but all of which shall
constitute one instrument.
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EXECUTED this day of . 20Q2, by the City oi Fort Worth,
Texas. �
EXECUTED tliis �day af ��� �U-. ���- , 2002, by Fort Worth Housing
Financ� Corparation. -
CITY OF FORT WORTH: FORT WORTH HOUSING FINAI�CE
i
- , _ T -- _
Assistant City Manager
ATTE�1.';i
� � F/' � y J � � � y • •
By' �- . 4 ._-- -• _ ='1
Cit�+ 5ecretary ` � . _
CORPORATIQN:
�� . ��-!��
Jer e C. Walker
ATTEST:
:
APPROVED T� FORM AND LEGALITY:
B �..
Y
: � �Y .
Cynthia G�cia
Assistant City Attorney
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M&C: � �-
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iD
STATE 4F TEXAS §
C�UNTY OF TARRANT §
BEFORE ME, the undersigned authority, a� this day persanally appeared
��r`cL f���7J� , Assistant City Manager of the CIT4' OF FORT WORTH, a�nunicipal
corporation, ltnown to me to be the persan and of�icear whose name is subscribed to the foregoing
instrument, and acknowledged to nne that the same was the act of the said CTTY OF FORT
WORTH, TEXAS, a municipa] corpor�tion, that he was duly authorized to perform the same by
appropriate Mayor and Council Communication af .the City Council af Che City of Fort 'Worth
and that he execut�d the same as the act of the said City for the purposes and consideration
therein expr�ssed and in the capacity therein stated. '
GIVEN UNIIER MY HAND AND SEAL OF OFFICE this /�—�`' day af
��i)-��PJ� .20a2.
���.� r���'
Notary Public in and ior
the State of 'I`exas
t�',�5�.//� ,�/�R�/�S
Notary's Printed Name
s�„:p'� RaSE�LA BARNES
z° ����� NOTARY pUBi.IC -
�9�,,, ��� 5tat�e of Texas
��� Camm. Exp, Q�-31-2005
. � �. -� . . , �, ,, , �
., ,
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STATE OF TEXAS §
COUNTY OF TARRAI�T � §
BEFORE ME, the undersigned authority, on this day personally appeared���d�� C� t-�}�.�i��U
�� ��.�-% of the Fort Worth Housing Finance Corporation, a Texas non- profit carporation,
known to me to be the persan whose name is subscribed to the faregoing instrument, and
aclrnowledged to me that he exec�ted th�; same for the puzposss and consid�ration therein
expressed, in the capacity therei�n stated and as the ac� and deed of the Fort Worth Housing
Finance Cazporat�an.
-F-
GIVEN L.TNDER MY HAND AND SEAL OF OFFICE this �� day
ai . ����`�� b �v� . 2002.
���.� ��o
Natary Public in and for '
the State of Texas � „���� �'�`� �'�
� :� A,�� W��R�����:�� �
PhYGOMMISSION EXPIRES '
, �.�;.= �
° ��I� o� �,� January 27, 2063 �
Notary's Print�d Name �-"" • .. � ��"'.. ' - �
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Exhibit A: - NEZ Incenti�es
Exhibit B: Property Description
ExhibiC C: Project description including kind, number and iocation of the pro�ased
improvements.
Exhibit D: Application: (NEZ} Incentives and Tax Abaterr�ent
Exhibit E: Final Survey ,
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C1TY O�' FORi W�R�W
NEIC�HBORHQ4D EMPOWERMENT ZONE �NEZ) �ASIC IWC�PITN�S
Adopted by the Forf Worth Cify Council on July 39, 2007 (M&C G-13208 Rj
Amended �by ihe Fort Wor#h City Cauncil on Apri12, 2002 (M&C G-93580), July 23, 2002
(M&C G-13662)
I. C�iV�R�l. PU�POS� AND O�J�C�N�S
Cha}�ter 378 of the Texas Lacal Government Code allows a municipality ta create a
Neighborhood Em�owerment Zane {NEZ) wh�n a"._.munici�aEity determines �hat #he creation
of ti�e zo�e would promote:
{� } the creation of affordab�e nausing, including manufactured housing, in the zone;
(2} an increase in economic develapm�nt in the zone;
(3) an increase in the quality of social services, educafion, or public safety provided fo
r�s�dents of the zane; or
(4) the rehabiEitation of affordable housing in the zane."
The City, by adopting #he foifowing incenfives, wili prornote affordable housing and
economic development in the NEZ. NEZ incentiWes wiil not be granted after fhe NEZ expires as
d�fined in fhe resalution designating the NEZ. Far each NEZ, the City Council may approve
additiona[ ferms ar�d ir�centives as permitted by Chapter 378 of the Texas Local Go�emment
Cade or by City Cauncil resalutian. However, any tax abatement awarded before the expirafiort
of a NEZ shall carry its full term according to ifs tax ahafem�nt agreement approved by the City
Council. .
As mandated by s�ate law, the praperty tax a6a�emenfi under this policy applies to fihe
owners of real property. Mofhing fn the policy sha[� be cons�rued as an obliga�fon by �rhe
Ciiy ofi �orf Wor�fi ta appro�e any tax abaiemenf application.
I1._ _ DI�FIIVI'iI�NS
"Abafement" means the ful! or partia! exemption from City of Fart Worth ad valorem faxes on
eligible properties for a pe�iod of up to TO years and an amount of up to 100% af the increase in
appraised vafue (as reflected an the certifi�d tax rolf af the appropriate cotanty a�praisal district)
resul#ing from impravements. Eligible proper�ies must b� located in t�e NEZ.
`Base I/alue" is the value of the proper#y, excluding land, as determined by the Tat'ran� County
Appra9sal District, during t�e year rehabili�ation occurs.
"Building Standards Commission" is the commission created under Sec. 7-77, Article IV.
Minimum Building Standards Code of the Fort WortF� City Code.
"Gaprtal Investmenf" includes only real property improvements such as new facilities and
struct�res, site improvements, facility expansivn, and facility modernfzation. Capital fnvestrnent
does NOT include land acquisition costs and/or any existing improvements, or personal prope�iy
(such as machinery, equiprnent, andlor supplies and inventory).
"City af Fort Worth Tax Abafement Policy 5tafement" means the palicy adopfied by City Councii
on Fe�ruary 29, 2000.
"ComrnerciaUlndustrial Development Project" is a de�elopment project which proposes to
construct or re�abilitate commerciailindustrial facilEties on �roperty that is {or meets the
requirements to be) zaned cammerciaf, industrial or mixed use as defined by the City of Fort
Warth Zoning Ordinance.
"Carrrrnunity Facility Development Project" is a deve{opment project wf�ich proposes to canstruct
or rehab�litate community facilities on property thaf ailows such �se as defined by the City of
Fort Worth Zoning Ordinance.
�Eligi6le Rehabilitafion" includes on�y physical impro�emenfs to reai property. Eligible
Reha�ilitation does NOT include personal proper�y {suc� as furniture, appliances, �quipment,
andlar sup{�I�es). �
"Gross Floor Area" is measured hy taking tE�e outside dimensions of fhe building at �ach floor
level, except that portian of the basement used only for utilities or storage, and any areas within
t�e building used for off-stre�t parkir�g.
"Minimum Building Sfandards Cade" is Article IV of the Fart Worth City Code adopted pursuant
to Texas Local Go�emm�nt Code, Chapters 54 a�d 214.
"Minor"rfy Business Enterprise (MBEJ" and `"Women Business Enterprise (WBE�" is a minority or
woman owne� business that has received certification as either a ce�tifieci MBE or certified
WBE by either the Nor�h Texas Regio�al Certificatian Agency (NTRCA} or ti�e Texas
Department of Transportation (TxDot), Highway Division.
"M�xed-Use � Developmenf Project" is a development project which proposes to construct or
r�habili�ate mixed-use facilities in which residential �ses constitute 20 percent or more of the
total gross floor area, and office, eaiing and entertainmenf, and/or retail sales and service uses
constitufie 1 Q percent or mo�-e of the fa4a! gross floor area and is on pro�erly thaf is (or meets
the req�irements to be) zoned mixed-use as descri��d by the City �f Fort Worth Zoning
Ordinance.
"Multi-family Developmenf Project" is a develapmen� project which proposes to construct or
rehabilitate multi family residential living units on property that is (or meets the requirements fo
be) zoned multi-family or mixed usa as defined by the City of Fort Worth Zoning Ordinance.
"Re�nvesfinen� Zone" is an area designated as such by the City of Fart Vllo�h in accordance
with the Property Rede�elopment and Tax Abatement Aci codified in Chapter 312 of the Texas
Tax Code, or an area designated as an enterprise zane pursuant to the Texas Enterprise Zone
Act, codi�ed in Chapter 2303 of the Texas Government Code. '
�
A.
fVYUiVECIPAL PROP�RTY T,�X A�ATEMENT'S
R�SlDENTIA� PRO�'�i�i1�S �.�C,47ED IA! A NEZ: FULL ��Ai�I1,+I�NT �'�R 5
Y��eRS
.'[ . For residential praper#y purchased befare NEZ designa�ion, a homeowner shall be
e�i�i�le to a}�ply for a fax abatement by meeting t�e following:
a. Property is owner-occupied an� the primary resid�nc� of fhe homeawner prior fio
the final NEZ d�signation. Hameowner shafl provide proof of ownership by a
warranty deed, afFidavit af heirst�ip, or a probated wiil, and shall show �roaf of
primary residence by homestead exemption; and
�, Homeowner must perform �ligi�le Rel�abilitation on the properiy after NEZ
designation equal #o or in excess of 30% of tF�e Base Value of the properfy; and
c. Property is nat in a tax-cfelinquent status when t�e abatement app4icafion is
submitted.
2. For residential proper�y purchased after NEZ designation, a homeowner shali be
eligible to apply for a tax a�atement by meeting the following:
a. Property is newly cor�structed or rehabilitated after the date of final NEZ
designatian; and
b. Pro}aer[y is owner-occupied and is the primary residence of the homeowner.
Homeowner shall pro�ide proof af owners�tip by a warranty deed, affidavit of
heirship, or a prabated will, and shall shaw proof of primary reside�ce by
homestead exemption; and
c. F'ar rehabilitated property, Eligible Rehabilitatian costs an the �roperty shall be
equal to or in excess of 30% of fi�e Base Value of fF�e property. The seller or
owner sha[I pravide the City information to support rehabilitation costs; and
d. Property is not in a tax-delinquent sta#us when the abatement app[ieat�on is
submitted.; and .
e. Property is in canforma�ce with ��re City of Fort Worth Zoning Ordinance. �
3. For investor awned s�ngle family property, ar� investor shall be �IEgible to apply far a
tax abatement by meeting t�e following:
a.
b.
c,
d.
ProperEy is newly constructed or rehabilitated by the in�estor after N�Z
designation; and
For rehabi�itated property, Eligible Rehabilitation costs �n tF�e property shall be
equal to or in excess of 30% af the Base Value of the property; and
Rraperty is not in a tax-definquent status when the abatement application is
submi#ted; and
Proper#y is in confarmance with the City of Fart Worth Zoning Ordinance.
�. IVIULiI��A�!➢I�.Y ��V�1.0��➢�[�l� �ROJ�CiS �.00AT�D Ii►: A NEZ
1. Fu[I Abatement for 5 years.
]n order to be eligible for �a property tax abatement, upon completian, a newly
constructed or ref�abilitated m�iii-family deveEopmer�t project in a NEZ must satisfy
tE�e faflowing:
At least twenty percent (2Q°/a) af the total units construcfed or reE�abil�tated shall
be affordable {as defined by the U. S. Departmen� of Hausing and Urban
Develapment) ta persons with incomes at ar below eighty percent {80%) of area
median income based on family size and such unifs shail be sef aside for
persons at or belaw 80% of the mediaR income as tfefined by the U.S.
�
Department af Housing and Urban Deve{apment. Cify Council may waive or
recluce the 20% affordability requirement on a case-by-case basis; and
(a} Far a multi-family develapment pra�ect constructed after NEZ designatian, the
projeet must provide at feast fi�e (5) residential living units OR have a
minimum Capital lnvesfinenf of $200,D00; ar
{b} �or a ref�abilitation project, fihe property must be rehabilitated affer NEZ
designation. Eiigible Rehabilitation casts an the �roperty shal! be at least
30% of the Base Value of the property. Such Efigible Rehabilitation cosfs
must came from the rehabilitation o� at least five (5) residentiaf living units or
a minimum Capital Inv�stment of $20Q,00�.
2. 1%-100°/fl Abatement ofi City Ad Valorem taxes up #0 90 years
If an applicant applies for a tax abafement agreement with a term of more than fi�e
years, this section shall apply.
Abatements for multi-family dev�eiapment projects for up ta 10 years are sub}ect to
City Council approvai. The applicanfi may apply with the Hflusirtg Departme�t far
s�ch abatement.
Years 1�hrouph � of the �ax Abafement Aqreement
Multi-family �rojects shall be eligible for 100% abat�ment of City ad valorem taxes
for years one through five of the Tax Abatement Agreemenf upon t�e satisfaction of
th� follawir�g:
At least iwenty percent (2a%} of the total units constructed ar ref�abilitated shall be
aff�rdable (as defined by the U. 5. �epartment of Housing and Urban Development}
to persons with incames at or belaw eighty percent (80%} of area median income
based nn farr�iiy size and such units shall be set aside for persons at or below 80% of
tl�e median incame as d�fined by the U.S. Departmenf of Housing and Urban
Development. Ci#y Council may waive or reduce the 2Q% affordability requiremenf
an a case-by-case basis; anc!
a. �or a multi-family development prnject canstructed aft�r NEZ d�signation, the
project must provide at least five (5) residential living units OR ha�e a m��imum
Capital ln�esiment of $2Q0,000; or
b. For a r�habilitation project, the property m�st be rehabi[itat�d after NEZ
desig�ation. Eligibte Rehabifitation casts on the �raperty sha�f be at least 30% of
the Base .Value of tne prop�rty. Such Eligible Rehabilitation casts must come
from the rehabilitatian ofi af least fi�e (5) residential living units or a rninimum
Capital [nvestment af $200,Oa0,
Years 6 thrauah 10 0� fiF�e iax Abafemenf Ac�reernent
Multi-family projects sha�l be eligible for a 1-100% abatement ot City ad valorerr�
taxes for years six through fen ot the Tax Abatement Agreeme�t upon the
satisfaction af the faflowing:
a. At least twenty percent (2Q%) of the total units constructed or rehabElitated shall
be affordab�e (as de�r�ed by the U. S. Departm�nt af Housing and Urban
Developmenf) to persons with incomes at ar beiow eighty percent (80%) of area
4
median income based on family size and suc� uni�s shall be set aside far
p�rsons at or �elow SO°/a of the median income as defir�ed by the U.S.
Depa�tment ofi Hausing and Urban Developmen�. City Cauncil may waive or
reduce the 20% affardabiiity requirement on a case-by-case basis; and
1. For a multi-family devela�ment pro�ect constructed after NEZ designation, the
project musf provide af least five (5) residenfia[ living unifs DR have a
minimum Capita[ lnvestment af $200,000; or
2. �or a rehabilitatian project, tne properly must be rehabiliiated after NEZ
designation. Eligible Rehabifitafian cc�sts on the prop�tty shall be af least
30% af the Basa Value of the property. Such Eligible RehabiEifafiort costs
must came from ihe rehabifitation af at least five {5) residential living units or
a minimurr� Capitaf Investment of $200,04�.
b. Any other terms as City Council of the City of For� Worth deems appropriate,
including, but not fimited to;
1. utilization of Fart Worth companies for an agreed upon percentage of the total
costs for construct[an contracfs;
2. utifizafion ot certified minority and women owned business anterprises far an
agreed upan percentage of the tofal costs for construction contracts;
3. praperty inspection;
4. commit to hire an agreed upon percentage of Fort Worth residenfis
5. commit ta hire an agreed upon percentage of Ceniral City residents
6. Iandscaping; .
7. tenar�t sel�ction �lans; anc�
8. management plar�s.
C. COfVIfVI�RCIA�, IN�USYRIAL Af�17 GOMMURlITY �ACILIYIES D�V�LO�[VI�NT
�ROJ�CTS �OC�4T�D IiV �41�E�
�. Full Abat�m�nt far 5 years.
[n arder to be e�igible for a property tax abateme�t, a newly cnnstructed or
rehabififa�ed commerciallindustrial and communiiy facilities de�efopment project in a
NEZ must sa#isfy fhe following:
a. A commercia[, industrial or a cammunity �aciEities develapment pro�ect
construcied after NEZ designafion musf have a minimum Capital Investment of
$7�,000; or
b. Far a rehabilitation project, it musf be rehabiliiated after NEZ desEgnation. EGgible
Rehabilitation costs on th� property shall be at ieast 30% of the Base VaEue of
the property, or $75,04Q, vuhichever is greafer.
2. 9%-100% Abatemenf of City Ad Valorem taxes up to 10 years
If an appiicanf appiies for a tax abafement agreernent with a term of mare �han five
years, this section shafl appiy.
Abafement agresments for a Commercial, [ndUstrial and Gommunity Facilities
De�elopment projects for up to 10 y�ars are subJect ta City Co�ncif approval. The
5
applicant may apply with the Economic and Community Development Deparimen� for
such abatement.
Years 1 thro�ah � of ff�e �ax Aba#ement Aar�emenf
Commercial, industrial and Community Faciliiies De�elopment projects s�all be
�ligible for �DO°/ti abatement af City ad vaforem taxes for the firs# five years of the
Tax Abatement Agreement upon fhe satisfaction of the faflowing: ,
a. A cammerc�al, industrial a� a cammunity facilities development project
construct�d a�ffier NEZ desigr�ation must have a minimum Capital Investment of
$75,D00; or
b. For a rehabilifa�ion project, it must be rehabilitated affer NEZ designatian. Eli�ible
Rehabilitation cosfs or� the property shall be at leasi 30°/fl of the Base Value of
tF�e property, or $75,Q00, whichever is greater.
Years 6 tF�rouah 10 of the Tax �atemen� Aareement
Cammercial, Industriai and Communify Facilities De�elopm�ent projects sha{I be
eligible for 1%-10a% abafeme�t of Cify ad valorem taxes fiar years six thro�gh ten of
the Tax Abatement Agreement upon the satisfaction o� the following:
a. A cammercial, industrial or a community facilities development project
constructed after NEZ designation must have a minimum Ca}�ita! Investment of
$75,000 and must meet the re�uirements of subsection (c) belaw ; or
b. For a rehabi[itation project, it must be rehabiiitated after NEZ designation. Eligib�e
Rehabilitation costs an fhe property shall be at least 30% af the Base Va[ue of
the property, ar $75,�00, whichever is greater and meet the requirements of
subsection (c) he[aw. �
c. Any other terms as Ci#y Counc�l of tY�e Ciiy of Fort Worth deerr�s appropriaf�,
inc[uding, but nof limited #o: .
�. utilization of Fort Worth companies for an agr��d upon percentage af the tofial
costs tor constructian cvntracts;
2. ufilization of certifi�d minority and wamen owned business enterprises for an
ag�-eed upon percentage of the total costs for construction contracts;
3. commit ta hire an agreed upon percentage of Fart Wor�h residents;
4. cammit to f�ire an agre�d upon� p�rceniage of Central City� residents; and
5. landscaping.
a. �VIIXED-US� 9�VE�OPIh�i�Ni PROJ�CiS L�OCATEC7 lN A P��Z
1. Full Abatemenf for 5 years,
In order to be e[igible fflr a property tax abatement, upo� compl�tion, a r��wfy
construcied ar rehabilitated mixed-use develapment project in a NEZ must satisfy the
following:
a. Resid�ntial usEs in the praject constitute 20 percent or mare of the total Gross
�'loor Area of t�e project; and
b. Office, eating and entertainment, and/4r retail sales and service uses in the
project constitute 10 percent or more of the #ofal GroSs Floor Area of tF�e pro3ect;
and
�
(1) A mixed-use deveEopment proj�ct cansfructed after NEZ designation m�sf
ha�e a minimum Capita! Investment of $200,000; or
(2} �or a rehabilitation project, it must be rehabifi�afed, after NEZ designation.
�figible Rehabi[itation cQsts on the property shall be .at least 30% of the Base
Value of the property, or $200,OD0, whichever is greater.
2. 1%-� oa% Abafement of City Ad Valorem taxes up io 10 years
If an applica�t applies for a tax abatement agreement with a term of more than five
years, this section shall app�y.
Abatements agreements for a Mixed Use De�elopmenf projects fiar up to � 0 years
are subjeci to City Council approvaL The applicant may apply wifh the Economic and
Community De�efopment Departmenf for suc� abatement.
Years 1�hrouah a o�F fF�e '�ax Abatement Aareement
Mixed Use Development proj�cts shall be eligible for 100°/v abatement af City ad
valarem taxes for the first five years af the Tax Abatement Agreemeni upon the
sat�sfaction af fhe fa�lowing:
a. Residential uses iR the projec# constitute 20 percent or more of the total Gross
Floor Area of the project; and
b. Office, ea#ing and ent�rtaEnment, andlar retaif sales and service uses in the
project cons#itute �0 percent or more of fhe total Gross Floor Area af th� prQjeet;
and �
c. A n�w mixed-use develnpment project constructed af�er NE� designation must
have a minim�m Capifal Invesfinent af $200,D00; or far a rehabi�itati�� project, i#
musf be rehabiiitated after NEZ designation. Efigible Rehabilitation costs on ihe
property shall be at least 30% of tf�e Base Value of the prflperty, or $20Q,Q00,
whichever �s greater.
Years S throuah 10 ag fhe iax Abaiement �►areement
Mixed Llse Development projects shall be eligible for �-�f 00% abatement of Ciiy ad
valorem taxes for years six fhrough fen of the Tax Abatement Agreement upan the
satisfactian af ihe following: .
a. Residential uses �n tF�e projsct constEtute 24 percent or more of the tatal Gross
Floor Area of the pro�ect; and
b. Office, eating and entertainment, andlor retail s�les and service �ses in fhe
project constitute 10 percent or more of tne tatal Gross Floor Area of the project;
c. A riew mixed-use develo�menf project canstrucfed after N�Z designation must
have a minimum Capital fnv�stment of $200,000; ar far a rehabilitation projecf, it
rr�ust be rehabilitated after NEZ designatio�. Eligibl� Rehabilitation costs vn the
pro�erty sf�all be at least 30°/fl of the Base Value of the property, or $200,oaa,
wnichever is grea#er, and �
d. Any ofF�er ferms as City Counci! of the Gity of Fort Worth de�ms appr�priate,
including, bUt not limited to;
T. utilizafiion of Fort Worth com�ani�s for an agreed upon percentage of tt�e
fotal costs for constructian cantracfs;
7
2. u#ilizafion of certified minority �nd women ow�ed business enferpris�s for
an agree� upon percentage of the tafial costs for canstruction contracts;
3. property inspection;
4. commit �o hire an agreed upor� percen�age of Fort Wor�h residents
�. commit ta hire an agreed �pon percentage of Central City reside�ts
6. landscaping;
7. tenant selection plans; and
S. managemer�f p�ans.
�. A�ATEM�,Ni CUC��LI�dES
1, If a NEZ is located in a Tax Increme�f Financing District, City Council will determine
an a case-by-case basis if the fax abatement incentives in Section II� will be offer�d
to efigible pro�ects. Eligible projects must meet a!I eligibility requiremer�ts specified in
Section 111. �
2. In order to be eligible ia apply for a tax abaiement, ti�e praperty ownerldevelo}aer
must:
a. Not be delinquent in paying �roperty taxes for any property owned by the
Qwnerlde�reloper ; and
b. Not have any City af Fort Worth liens �fed against any property owned by the
applicanf properiy ownerldeveloper. �Liens" include, iaut are not �imited to, weed
liens, demolifior� liens, baar�-u�lopen structure liens and pa�ing liens.
3. Prap�rties under a con#ract for �eed are not eligibl� �Far tax abatement.
4. Once a NEZ property owr�er o� a residentia! praperty (including multi-family) in the
�lEZ satisfies the criteria sef forth in Secfions fI1.A, E.�. and E.2, and ap�lies for an
abatement, a property awner must enter into a tax abatem�nt agreement with the
City af For� Wor�h. The tax abatement agreement si�alf automatically terrr�inate ifi the
property subject ta the tax abafement agreament is in violation of the Cify of Fo�t
Worth's Minimum Building Standards Code and the owner is convicted of such
violation.
�. A tax abaiemen# grant�d under the criteria set forth in Section III. can only be
grant�d once for a properly in a NEZ for a maximum term of as specified in fhe
agreement. If a property on which tax is beirig abated is sald, the City will assign fhe
tax abatement agreement for ihe rernaining term once f[�e new owner submits an
applicatian.
6. A property ownerlde�eloper of a mulfifamily de�efopment, commercial, industrial,
community facilities and mixed-use development praject in the NEZ who desires a
tax abafement under Sectibns III.B, C or D must:
a. Safisfy ti�e criteria set forth in Sections II1.B, C or D, as applicabEe, and Sections
III.E.1 E.2; and E3. and
b. File an application with fh� Hflusir�g Departmenf or the Economic and
Community D�velopment Departmenf, as app�icable; and �
0
c. The prop�riy owner must enier into a tax abatement agreement wifh the Ci#y of
For� Worth. !n addition to fhe other terms of agreement, the tax aba#emenf
agre�ment shall provide that the agreement shall automatically fierminate i# the
owner receives ane conviction of a �iolation ofi the City of Fart Worth's Minimt�m
Bui[ding Standards Cod� regarding fF�e proper�y subject ta fhe abatement
agraement during t�e terrn af the tax abatement agreement; an�
d. [f a property in tF�e NEZ on whic� �ax is being abated is sald, the new awner
may enter inta a tax a�atsment agreement on the property for the remaining
term.
�'. AP�P�fCAiION FEE
1, Ti�e appficatian fee for r�sidential tax abafements governed under Section III.A is
$25.
2. Tf�e app�ication fee for multi-family, commercial, industrial, community faciiities and
mixed-use d�vel�pmen# prnjects governed under Sections III.B, C.1 and D.�, is one-
half of ane percent (a.5%} of the proposed project's Capital fnvestment, nofi to
axceed $1,000. The application fee wil! be refunded upor� issuance �f certificate ofi
�fina� occupancy and once fhe property owr�er enters inio a tax abatement agreement
with the City. Otherwise, the Appiication Fee shall not be credited or ref.unded to any
parfy for any reason.
Il/. F�� 1'VAIV�RS
A. �LlGIB�� RECI�I�WT5IPROP�R�l�S
9. In arder to be efigible to a�piy for fee waive�s, t�►e property ownerlde�eloper m�st
a. Not be delinquent in paying property taxes for any praperty owned by fhe
ownerldeveloper or applicant; and
b. Not hav� any City iiens filed against any property owned by the applicanf property
ownerldevelop�r, including buf not limited to, weed fiens, demolition liens, baard-
up/apen siructure iiens and paving [iens.
2. Properties under a contract for deed are not ��igible for deveEopmeni fee waivers,
3. In order for Development F'ees andlor Impact Fees to be waivsd for new construction
vr rehabilitatian projects focated in fF�e NEZ, a property awner mus# submit an
application to the City.
Apprava[ of the apulication and waiver of the fees sha��' not �e d�m�d #a 6e
approval of anv asnect o�' the uroiec#. �efore cons�rucfion, the annlicant musf
ensure ti�at the proiecf is located in the correct zoninq district.
�. DEI/ELOPiVI�NT F��S
Once the Appfication for NEZ Incentives has b�en a�proved by tF�e City, the falfowing
fees for services pertormed by t�e Ciiy of �ort Worth for projects in t�e NEZ are waived
far n�w construction prnjects or reha�ilitation projects #hat expend at [east 30°/4 of #he
Base Vaiue of the property on Eligible Rehabilitation costs:
�7
1. All b�ifding permit related fees (inc�uding Plans Review and fns�ections}
2. Plat applicatian fee {including concept p�an, preliminary plat, fina[ plat, short form
replat)
3. B�ard of Adjustment application fee
4. Demolition fee
5. Structure moving fee
6. Community FaciEities Agreement (CFA) appfication fee
7, Zoning application fee
$. Street and utifity easement vacatian applicafion fee
Other de�elopment refated �ees not s�ecified abave wiq be co�sidered for appro�al by
Cify Cauncif on a case-by-case basis.
C. I�i1P�CT ��F
1. Single family and multi-family resider�tial development projects in ihe NEZ.
Automatic 10a% wai�er of water and wastewater impact fees wi11 be ap�lied.
2. Commercial, industrial, mixed-�se, or community faci�ity development projects in the
N EZ.
a. Automatic 140% waiver of water and wastewater impact fees up to $S�,OQO ar
equivalenfi to two 6-inch meters for each commerciaf, industrial, mixed-use or
community facility de�elopmen# praject.
b. If the project requests an impact fee waiver exceeding $55,000 ar requesting a
waiver tor larger andlor rr�ore than two 6-inch meier, then City Council appro�a! is
required. Applicant may r�quest the a�ditional amo�r�t of irrtpact fee waiver i
througF� the Housing Department. .
V. R����►5� OI� C�TY LII�f�S
The folfowing City liens may be released for �ligible properkies or projects in a NEZ:
�.. WE�D �I�NS
TF�e following are eligible ta a�ply for release af weed li�ns:
�. Single unit owners perForming rehabifitation on their proper�ies.
2. Builders or develo�ers cflnstructing new homes on vacant lots.
3. Owners performing rehabifitafion on multi�#amily, commercial, industrial, mixed-us�e,
or community facility propertEes. -
4. Developers cor�structing new multi-family, cammercial, industrial, mixed-use or
community facility de�elopment projects.
B. ��I�I�LITIQh� LI�NS
10
Builders ar developers d��eloping or rehabiliiating a property are eligible ta apply for
release of demolition fiens for up to $30,Q00. Release ot demolition liens in excess of
$30,000 is subj�ct to City Council approval.
C. sOARDoUPIQP�IV SiRUGTURE L1�NS
The following are eligible to apply for release of board-uploper� structur� liens:
1. Single unit owners performing rehabi�ifation on their properiies,
2. - Builders or developers constructing new single family homes on vacant lots.
3. Owners performing rehabilitation on multi-family, commercial, industrial, mixed-Use,
or community facility properties.
4, Devefopers constructing multi�family, commercial, indusirial, mixed-use, or
community facility projecfs.
i�. PAVING LI�N5
The folfowing are ��igibie to appiy for release of paving liens:
9. 5ingle unit o.wners performing rehabilitatian on fheir properties.
2. Builders or de��lopers constructing new F�omes an vacar�t [ats,
3. � Owners performing rehabilifiation on multi-family, commercial, ind�strial, mixed-use,
or cammunity facility proper�ies.
4. � De�elapers constr�cting mufti-family, commercial, industrial, mixecf-use, o�
community facility projects.
�. ��ICf��� RECIPII�NiSIPROP�RTC�S
'!. In order to be e�igible to appfy far reEease of City �iens, the proparty owner/developer:
a. must not be delinq�aenfi in paying pro�erty #axes for any property owned by
the owner/developer
, b. must not have been subject to a Building 5tandards Cornmissian's Order af
Demalition where the praperty was demolishad within the last five {�) years; and
c. must not ftave any City of �ort Wor�h liens filed against any other property owned
by the applicant proper�y owneNdeve�oper. "Liens" incfudes, but is nat [imited to,
weed liens, demofition liens, board-up/open structure liens and paving liens.
2. Properties under a contract �or deed are not eligible �'or ref�ase of Gity IEens.
VI. PROC��UR�L 57��5
�. AF�PLICATEOR� SU�IV!lSSION
i. The applicanf for NEZ ihcentiv�s under Sections III.A, B, C. D., IV, and V must
camplefie and submit a Cify of Fort Wflrth "Application for NEZ Incentives"' and pay
the appropriate application fee ta the Housing Department or the Ecor�omic and
Community Development Depar�mertt, as applicable.
1�
2. The applicanf for incentives unde� Sections IlI.C.2 and D.2 musi also complete and
submif a City of Fort Worth "Application for Tax Abatement" and �ay the ap�ropriate
application fee to th� Economic and Comrrtunity Dev�lopment Department. The
application fee, review, evaluation and approval wifl be govemed by City of Fort
Worth Tax Abatement Policy 5ta�ement for Qualifying Development Projects.
B. CI�FtT[�ICAiIONS �OR /�pPLICAT�ONS UNq�R 5�CT10NS III.A, B, C:.1, D.1, IV,
�►M D V
The Housing Department wifl review th� app[icafion for accuracy at�d
cvmpleteness. �nce camplete, Housing Depar�ment will certify eligibility of the
application based on the criteria set farth in Sectian III. A, B, C.�, D.1, 1V, and V of
#his p�licy, as a��licable. Once a� appEicafion is certified, #he Housing Department
will inform appropriate departments administering the incenti�es abaut the certified
application. An orientatian meeting with Gity departments and th� applicant may be
scheduled. The departments include:
a. Housing Department: properiy tax abatemen� fflr resid�ntial properties and mUlti-
famiiy de�elopment projac#s, release af Cify liens.
b. Economic and Community Devefopmeni Department: proper�y fax abatement for
commercial,
industrial, community facilifies or mixed-use develo�ment �rojects.
c. Development Department: �eveiopment fee waivers,
c[. Water Department: impact fee waivers.
e. Other appropriate departments, if appl�cable.
2. Once D�velapment D�partment, Water Departmen#, Economic and Community
Develo�menf Depar�ment, andlor ofher appropria#e department receive a certified
application from the Housing Department,. each depar�men�loffic� shalf fill out a
"Verifica#ion of NEZ Incentives for C�rtified NEZ Incentives Applicafi�n" and return it
to the Housing E7epartment for record keeping and tracking.
C. APP�ICATION� R�VI�1M poN� �VA�U,o,i�OiV �'OFt APP�IC�iI�AiS
1. Property Tax Abat�ment for Residentiai Properti�s and Multi-family Develapmenf
Projects . � �
a. For a camplefied and certifiecf applicat9on for no more than five years of tax
abate�ent, with Cou�ci� approval, the City Manager sha�l execute a tax
abatement agreement with the applicar�t.
b.. For a completed and certifiied rriul�i-�amify de�elopment project application far
more ti�an five years of tax abatement:
(1) The Housing D�partment will evaluate a compieted and certified application
based on:
{a) The project's Increase in th� val�e of the tax base. .
{b} Costs to the City {such as infrastructure participafian, efc.).
(c) Percent of consiruction contracts committed �o:
{i) Fort Worth based firms, and
{ii) Minority and Women Owned Business Enterprises {MIWBEs).
(d) Other items which may be negatiatec! by the City and the applicant.
92
{2} Consideratia� by Council Cammitt�e.
Based upnn the ou�come of the evaluatian, Housing Depar�ment may present
the application fo the City CounciPs Eca�omic Development Commiffee.
Should the Housing Departm�nf present tF�e ap�lication tc� tne Ecanomic
�evelopme�t Committe�, the Committee will consider the application at an
open meeting. The Committee may:
{a) Appro�� the applicatEon. Staff will then incorparafe the application into a
tax abatement a�reemen� which w�l! be sent to the City Council with fhe
Committee's recommendation to approve the agreem�nf; or
(b} Request modificatiar�s to th�e applicat�an. Housing Department stafF wilf
discuss the suggested modifications with the applieant and then, if the
requested madificaiions are made, resubmit the modified application to
the Committee for consideration; or
(c) Deny the application. The applicant may appeal the Committee's finding
by rec�uesting tf�e City Council ta: (a} disregard the Committee's finding
and (b) instruct cify staff to incorparafe the application info a tax
abatement agreement tor future consideration by the Gifiy Counci[.
(3) CoRsideration by the Gity CQunciE
The City Council re�ains snfe authority to approve or deny any tax abatement
agreemen# and is under no obiigatian ta approve any tax abatement
appiication or #ax abatement agreement. The City of �ort Worth is under no
obligation to provide tax abatement in any amount or vafue to any a�plicant.
c. Effective Date for Approved Agreements
Alf fax abatements a�proved by the City Council wil! become effecfive or�
January 1 of the year following the year in wf�icF� a Certificate of Occupancy (CO)
is issued for the quafifying devefapment project (u�less otherwise specified in the
tax abatement agreement). Uniess o�herwise specifie� In the agreement, taxes
fevied du�ing the construction of t�e project sf�all be clue and payable.
2. Prope�y Tax Abatement for Commercial, Industrial, Community Faciiifies, and
Mix�d-Use Development Prajects
a. For a eampleted and cer�ified ap�lication for no more than five years af tax
abafemer�f, with Council approval, the City Manager shafl execute a tax
abatement agreement with the applicant.
b. For a campfeted and cer�ified appficafion for more than five years of iax
abatement:
(� } The Economic and Communi#y Deveiopmer�t Department wilf evaluate a
completed and certified appl9cation i�ased on: �
(a) The project's increase in the value of the tax base.
(b) Costs to fhe City (sUch as infrastrucfur� �articipatian, etc.).
(c} Percenf of construction cantracts committed to:
(i) Fort W�rth �ased firms, and
(ii) Minority and Women owned B�siness Enterprises (MIWBEs}.
(d) Other items which may be negotiated by the City and the applicant.
13
(2) Cansi�eratian by Councif Cammit�ee
Based upon the ouicome of the e�aluation, the Ecanomic and Community
Development Department r�ay present the application fo the City Co�r�cil's
Economic Development Commitfee. Should ihe Economic and Community
Development D�partment present the appfication to the Economic
Devefopment Committee, tl�e Commit�ee wi[I consicier tF�e appfication at an
open meeting. The Commiftee may:
(a) Approve fhe application. Staff will th�n incorporate the applica#ion into a
tax abatement agreement whici� will �e sent to the City Couneif with the
Committee's recommer�dation to approve the agreement; or
(b} Rec�uest moditications to the� application. Economic and Gommur�ity
D�v�lopment Deparfinenf staff will discuss t�e suggested modifications
with the applicant and then, if fhe requested modifica#io�s are made,
resubmit the mndified application to tF�e Commitfee for consideration; or
(c} Deny the ap�lication. The appfican# may appeal the Committee's finding
�y reqUesfing the City Council to: {a) disregard the Cammittee's finding
and (b) instruct ciiy staff to incorporate the application into a tax
abat�ment agreement for future consideration by the City Council.
(3) Cansideraiion by the City Council
The City Counci[ retains sole authariiy to approve or deny any tax abatement
agreeme�nt and is under no � obligatian ta approve any tax abatemenf
app�icatian or tax aba�ement agreemenf. The City of Fort Worth is under no
abligatian to pravide tax abatement in any amount ar value ta any appficant.
c. EfFective Dat� for Appro�ed Agreements
All fax a�aterr�ents approved by the City Council will become ef�ective on
January 1 of the year follawing the year in which a Cer�ifcate of Occupancy {CO}
is issued f�r the qualifying de�elapment praject {unfess �therwise specified irt the
tax abatement agreemenf). Unless atherwise specified in the agreement, taxes
levied during the constructian of tf�e projecf sha�l be du� and payable.
3. Developmenf �ee Waivers
a. For certified applicatians af devefopment fee waivers that do noi require Councl
appraval, the Develo�ment Depar�ment wifl review the certified applicant's
applicat�an and grant ap�ropriaie incentives.
b. For certified applications af cfevelopmenf fe� waivers thaf require Co�nci]
approval, Ci#y sta�f will review the certified app�icanf's applicat�on and m�ke
appropriate recommendations to the City Councif.
4, fmpacf Fee Wai�er
a. For cer�ified applications of impact fee waivers that do not require Cauncil
approval, the Water Department wiil review tt�e certified applicant's application
and grant appropriaie incentives.
14
b. For certified ap�lications of impact fee waivers tnaf reguire Council approval, the
Water Department wifl review fhe certified applicant's appEication and make
appropriate recommendations to the City Council.
5. Release of City Liens
For certified appiications of release of City liens, the Ha�sing Depar�ment will release
the appropriate liens.
VII. O�H�� RULES PERiA�NIPIG i0 �F�OP�RTY T�4X �4�p,T�IV�Eh�i
A. R�C�PTI]R€
If fhe terms of �he tax abatement agreement are nat met, t�re City Council nas fh� right fo
cancel ar amend the abatemen� agreement. In the �vent af cance[lation, th� recapture af
abated taxes �hail be [imited to the year(s} in which the defaulf occurred or continued.
�, [NSP��iIOW Af�D FIIVAAtCIAL VERIFICAi�ON ��R iVfULTIe�AiUfI�Y, COMflII�RCC��I
fAI�USTRIAL, CQMMUf��iY �ACl�IiIES Af�� IU�IX�9-US� �]�V�LDPtiA�F�i
�R�.! �C�'S
The terms of the agreement shall include the Ci�y af Fo� Warth's right to: (1) review and
verify the applicant's financia[ statements in each year during tl�e life of the agteement
prior ta gran�ing a fax abatement in any given year, {2) conduct an on site inspection of
the project in eac� year dcaring the life of t�e abaf�men# fo �erify compliance with the
terrrts of the tax abatement agreement.
C. �VA�UAYIQN �QR 14Al1LTl-�A�iiI�Y, COi�MI�RCfp,�,l I�IDUSYRIA�, COIViflIIUNIiY
FACI�IiI�S AN� MIX���USE ��V��OF�Nf�RlY �ROJECiS
Upon. compfetion of construction of the facilities, the City shall no [ess ti�an annually
evaluate each projec# receiving abatement to insure compliance wifh the terms af tf�e
agreement. Any incidents of non-compfiance wiil be reported ifl the Ciiy Council.
On or before February 1st of every year during the [ife of #he agreemer��, any
individual or entiiy rec�iving a tax aba��men� from the City o� �ar� Worth shal�
pror►ide informafiian and dvcumentation which rle#a'rls the property owner's
com�liance with �he ferms af' the respective agreement and shal� cer�ify that #�e
owner is in compliance wit� each applicable term of the agreemenf. �ailure �o
report 4his irtformation ar�d ta pro�ide f�te required cerfiification by the above
dead�ine shall result r� cancella#ion of agreement and any �axes abated in #he
prior year being due and payable.
D. EFF�GT OF SA�E, AS5IGNIV�i�I�i OR ��poS� O� �ROP�,i�TY
If a property ir� the NEZ on which tax is being abated is sold, the new owner may enter
in#a a tax abaternent a�reement on the property for the remaining term. Any sale,
assignment or fease of the property which is not permifted in the tax abatemenf
agreement resufts in cance�lafion of the agreement and recapture af any taxes abated
after fhe date on which an unspecified assignment occ�rred.
15
VIIL OYHLR INC�IV�N�S
A, Plan reviews of proposed develapment projects in ihe NEZ wil! be expedifed by the
Qe�elopment Department.
�. The City Council may add the following incentives fo a NEZ in the Resofutian adopting
the NEZ:
1. Municipal sales tax refund
2. Homebuyers assistance
3. Gap �inancing
4. Land assembly
5. Conveyance of tax farecfflsure praper�ies
6. fnfrastructure impro�ements
7. Support for Low Income Housing Tax Cre�it {LIHTC) applicatians
8. Land use incantives and zoninglbuilding code exemptions, e.g., mixed�use, densify
bonus, parking exemption
9. Tax Increment Financing (T1F}
10. Public Improvement District (PID)
11. Tax-exempt bond financing
12. New Model Blacks
13. Loan guarantees
14. Equity invesimenis
1�. Other incenfiives that wi�f effectuate the intent and purposes af NEZ.
16
Exhibit B
3� 00 �astcrest Court Lot 10, Block 1 Eastcrest Addition
Exhibit B
31 Q9 Eastcrest Court Lot 4, Block 2 �astcres�t Additian
Exhibit C
Proje�t Description
Single Family Residence
90% Brick Veneer
1500-1900 square feet
3 Bedroomsl� Baths
Two car garages
Arched Windows at Froni of House
Front Yard Landscaped
Microwave with built-in Vent-A-Hood
Wood Burning Fire Place
Built-in Security System �
Computer Area with CPU & Printer with a dedicated telephane line
Vaulted Ceiling in Master Bedroom and Li�ing Room
French Doors
Separate Tu�b/Shawer in Master Bathroom
Garden iub in Mater sathroom
��c�� b �� �
- � � �oRT�o�Tx �
Applicatioa� I3o. �.7J '" � � f Q � �
C�TY 4�` FORT WORTI�
- NEIGHBORH04D E�.VIPD'WE�2N.CENT ZON�+ (NEZ) PRQG�R�iM
— --— -—- —— —_� — — —-• —� —
PRO�CT CERTIFIC�4.TION APPLICAT�ON
FORM B FOR Il`+�VESTOR OWN�RS (S�NGLE F�NIILY ONL'�
I'. APPLICATIOT�T CH�CK LIST �
-,Plea.se subznit th�. �ollavving doc�unentation wi� each property requested;
�j A co�npleted`appinca�ia�i:fb�n � �' £;��'°� �'` ` "
_ ,:
,� ,,.[]_: : A Iis# af�all :p��pe�ie� o�.v�ed.by tlze applica�t in Fart �ortli �
. �., , . �� - :�- . .
(� Applicatio� fe� of �25.'OQ (f�r taae abatement applicatious'o�Iy} �
�[] Praof o£ ovvn.ershi�r, such as a wazraniy deed, a�fida.vif of heirship, or a probaied r�aill OR
. evi�ence of site•cantro�, such as opiion ta lniy - - y
❑ Ti�1e abstract=of t�ie� praper[y ���plaia�ai}-- - ` . . � `
For Rehabilifation P�oiec,ts 4nlv: � _ �
'❑ �'or a praject in the planning sfage, please suk�mit a cornrole�ed seti afRehabilitatiozz '
.� ` � f�emodel'� �lan and a Iist of eli�ible.�ehabYlitaiioxi.�.osts'�:�(foar appIicati�ns o#'�� �•-
abatements �.nd dev�lopn:ient fee waivers for re�ab projects only)
� .
❑ Once a projec� is completed, please submit proof o� #he eligible rehabi.2itation costs* such
as i�.voices, coni�ac�s, orxeceipts. {for applicatians of �tax abatements vni�) �
* E�.gible rehai�ilitati�n i�icludes on1� physical improvernants ta real property. It does NOT inolude personal
property suc� as fuzaut�re, appiiances, equipmen#, and/or supplies. Tntal eIigibie rehabilitatian casts sha1� equal
to or exeeed 30°10 of thc Tazzant Cnv.n.ty Appraisal District (TAD}.appz�aised ualue of the� str�cture during the
° yeaz rehabilitation occurs. _ "
.., �� — —• — — — -- — ,,, — — —, � _ �. _ , — —•- — — e �..
II. Applicanf / AG��VT Il'�aDRM�TZ�1�T . . . � � .
� 1. Apglicaat: � �,. Con#act Person:
i � . �-��g ���{ �J����d�l7��t.s _ � .���Lf3 G�6'�
� 3. � Address: �
� ���rTd�, ��t'��iv s�" � +� -riY r��e� . :
� . Sfreet ity. S�ate. 2ip .
�. Phori� no.: �f � � �7�-%3J3 � 5. Fax �To.: �'t� �� -�?'3�_ _ �
b. Email. . �!`m�'� �i�Gl.�,�-3itt��-�U....�"��� . _ _ _ �
9. Agent (i� ��nY) . �
$: Address: - - - - - -. .
. � Street - . - Crty Stafe _ Zip
,r �
9: Phon� zto.: � a �. 10. F�z No.: '
1 �.. Emaii: •
� � — -- — — — -- — — — — — — --• — — —• — -- — _ -- — _ � .
� If yau n�e�. �urth�r inform�a�on o�- c�arifica-t%on, pl.ease contact Chu�--I Lu. at (81'� 87I-fi3�� � or
Bea Cmra at (8I'� 871-8036. .
�
z
w
� FORT �QRTH
r �
III. PROPERTY EZ,TGZBIL�TY — — -- — — — -- — —
i. Ple$s� ]Sst dovvn the addresses and legal descriptions af ihe property �*here yau are applyzng
fc�r ,1�TEZ incentives anc� otlie�r properties yon o� in Fort Worth:. At#ach metes and bounds
descxi��on if no address or legal descripiion is avaiiable.
Table x
Propert.y' Ownerslup.
Address
(ProJect Lacatiaz�}
- Zip f - - Lega� Descripiaon �
Code Subclivisi.on I Lo� No. Block No. �
=� � � - - ,
� �
� ��/ . ���' - .� - �
� . - ._
�. .
,. . � __ .. '�.�"' � ��a�v��� ��� - ,� �� �
� � +
. ��
I � - - -� - ,-, - � - - --
I I .I
I - - ..I ; -- - - - -. -� �
r - - � -. � --- - - + - - � -
f
(Fiesse attach additional sC�eeis of paper as needec3.) - �
- 2. Far each properties listed iaa Tab�e 1;�please check the b�xes belaw to i�niix�a�e if:
� there are taxes due; or j� p
� there are Ci�y liens; or � p �
• you have beer� subjuct to a Buildzng Staxi�ards Gornma�sion's C�rder of Demoliiion wherc the
praperty was �emoLished vcTithin the lasi five years. ;�,1 � �
Tab�le � Property'Ta�ees an�d Ci�Liens �
. . Addr�ss Property CFty Liens on Property
. . . E �, �_:�: . -, ' .;,=,= :z: . Tages • �- W�ed Sa�-uplOpen Aemoliiion� _ kaving � -
_ .�. .., _-. _ �€ . .;n„ , .. - ,
` . - .. `:D�l� � �Liens ��Stuc�ure Liens �� i.ien�s �• . i,iens -
_❑ �� , ' ❑ I � — � -.
�rn... '% � _Y.r ' Jy�... f 5- . . « . �']. .�. f�s�`�❑Y �.f.,'„i� � � f: d — � ' :�� • — . ❑ —
� �� {` , _ ' ..- _tJ�,' _•S"-'IC ❑� � . ,�. � , � �� ` L C� �
C1
� .. �� � .-,- � - �C7- .�+�-�. �� ❑
I
i _ - � . .1 � � � C� � - � C�- . I - : ❑ . . -CI --
� . . , . ❑ - ❑ � . .-- ; C� . - C� -�
� . . � 0 -- _-���- ;�. . -0 - _ �;- - .�- -Q � - C�
! .
I - � o-� o;-❑-- i--- ❑._ o
.(Please attach additianat sbeets af paper as needea.)
3. ]'3� you awn o#her properties undear oiher names? ❑ Yes �N'o
�f Ye's, please s�eczfy
Or.de� bf •.
Der�alition.
❑ . 1
❑ �
-❑-�- �
❑ �'.
C� - � �
0 ,. f
-- ❑ �
- ❑ -I
4. Does the proposed deveZopment co�'orm wiih Cify af Fort Worth Zoning? �[] Yes
.��� S. Is�ihis properLy under a confz-act for cleed? [] Yes � �No
�
❑ No
�
. � �' .
�
- �a�.T�aR�x
6. Has the construction on the property been completed or is it in the planning siage? VVhat
type of constrYxctian? , �
❑ Consis�c�ion Com.r�Ieted n Under Constr�.ciaan : In Plannin� Sta�e
❑ New Coi�struction 0 Rehab ❑ New Constnictian [] Rehab �Nevv Constructio�! Q Rehab
'i. If the constraction on fhe property has been �omp�eted w�ien tb:is apglication is s�bxr�itfed,
w�Zen �vas the work done?
8. . If it fs a rehab property, does (or wi��) the rehabil�tai�on wark* done on the prop�r-#� eqnal
to at Ieast 30% of t�Ce Tarr�nt Caunty Appraisal ])istric# (TA.D} assessed ^value �f the
stz-�ucture d�ri.ng the year rehabi�itanon {remodeled) accurred? ❑ Yes ❑ Na
�Only physical impxov�m�nts ta z�eal property is e�Zgible. DO NO'T include personal property
such as �ur:niture, appliances, equipment; and/ar snppli�s.
:TS�•.� ,� INC��+TTIVES ^ -� � .— , .
, ,! ,
^ :...-Z..V�'ha�if.ncenhves are yon aPPl�"i�ng for?; � . �� . .
� Mnnicipal Pz-opertv Tax Abatecnents .'` ' ' � '
� Develonment Fae Waivers � � � •
� �' 1�11 buildxng pexrnii related �fees {inc�udir�� Plans Revietiv and Znspec�ions}
� Hnw much is y�u£ total developmei�t cos�s? $:,�� ��'��� � :
� �avv znuch is the total square footage ofyoi►r project? �� � squaze �eet
�- .� �� Plat application fee (�r��Iudi�g coricept plan, �re�iminary plat, final piat, short forn�.�replat)
� Board of Adjustzz�ent a�plicatiox� �ee
❑ Demo�itioz� fee �
. " �] Structzxie movzng fee � �
.. .. (� Communii� Facilities: Agr�ement-(�FA} ap.plication :£ee-.. � _ ' . .. _ . _ _: �, . .
_ � �� f . � . ,: - . . .
�aniza� ap�r�ication fe�: � ''
_ � Street ancl uii�ity easement
,
� �mnacf Fee Waivers . �
' � Iznpact fee waiver �r � .
, ' Met�r Size .��,�` How many m�ters? ��`v � : .
� Release af Citv I,.iens �
❑ Weed lzens .
� � ❑ ' Ba�rd up/open structure liens � .
' ` ' [� � Demolitian liens - �
•. � ❑ Pa�rixtg liens _.,. —, — — — — — — _., ' �. .! _.
� - -
�
�
r
�
� �oR��oRTx
'i
V. ACKNOWLEDGMENT� — — — — — — — - _ .�
I k�ereby certify �hat the infozmatzon provided is true and. accurate to the bes# ofmy 1�noCvledge, T hereb�
ac�owledge �.at I have received a copy of NEZ Basic Incentives, whieh gaverns t�e granting o��ax
abatemen�s, fee waivers azid release of City �iena, azid that any �OLATION of the ter�ns a,f th� NEZ
Basic Tncenii�es ar IVIISREpR�SENTATIDN sha21 consiitute ground$ for xejection o�an applzcation or
tarnaination of i�centiv�s.af the discr�t,ion of the City, � �
� understand fhat the approval of fee vc�aivexs and o�her ince�ives sh�il not ]�e deemed to be approval af
ar�y aspect of the proj ect. I und�rstand that I arin responsible in ab#aining required permits and
2n�pections from: the City and in ensuzing t3�e project is �acateci in th� correct zoning district.
I agree to provide azzy additipnal information for detern�ining eligibflity as reques�ed by the Crty.
�"�D1�i �� �. �%���',� �{,csYl� _ �� � � . �`
, �TI'�ED 1�TAME) {AU ORIZEI� S�GNATURE) - ' A���
- ) -
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� Electronic version of this fozm is avai�a�le by request. Please cal1817-87I-73 81 ta re t�est �a co .
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.. ---- For O�fice Use Only _ __" _ - --- .- -- -- . - - - . ,
; s:,. -�1R��ication No... �'j,�(,'.- � � � Ixi which NEZ'� , ��
-- ��i� Conform with Znning? "O.Yes k ONo
TAD ID . � � � Contract �or deed? . ❑ Yes . �.
�� No T�pe? � �.New canstruction � �teh�b
Construction comple�ian date? ❑ Befare NEZ �
[� �Af�er NEZ Ownership � �] Yes � � [� Na
Rehab at or higher than 30%? � yes ❑ No Consistent with the NEZ plan? �] Yes ,. No'
T� curreni on tktis.property`� . , �
� Yes ❑ No Tax current on other properti�s? � Yes�� j] No .' �
City �iens on this property? City liens�on'other properties?
o Weed li�ns ❑ Yes � No o Weed I�ens
❑ Yes 0 No
� Baard-up/open siructure iiens � yes �j No � Board-up/open stn2cture ]iens
[� Yes � No •
.� Dernoiition liens ❑ Yes X No � �
0 Dezziolition liens ❑ Yes [�]f No
��aving licns ❑ Yes 0 No o Paving liens
❑ Yes �f I�To
. o Order af demali.tion ❑ Y�s Q No • Order of demoii�ion �
Certifsd? ❑ �'�s � 1Va
❑ Yes ❑ Na Certifiec� by . Dafe certi�cation issue�.7 �� ���
If nat certifed, reason � � � -
� Referred t�a: ❑Economic Developmeni QHousin
• _ - _ _ ._ _ - - - - _ _ g—'iX Develapment -�Water ❑Code �TPW Y
Revised Au�gusf 23, zOq1 . , .
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