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Home My WebLink AboutResolution 4229-08-2013 A Resolution NO. 4229-08-2013 NOMINATING CAROLINA BEVERAGE GROUP, LLC, MANUFACTURING AND DISTRIBUTION FACILITY AT 13300 PARK VISTA BOULEVARD 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") previously adopted Ordinance No. 15733 electing to participate in the Texas Enterprise Zone Program, and the local incentives available pursuant to 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 Division, 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 has leased certain property and improvements located 13300 Park Vista Boulevard for its 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, 1-,LC 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 FoRTWORT Resolution No.4229-08-2013 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 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 RE'S'OLVED 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, 2. 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 terminate five(5)years after the date of designation. Adopted this 13"day of August, 2013, g 0 ATTEST., Z--- 'aA. rJJ6 a By: 00 —/J. I ary Kayser Ci 6re a m 00 0 0 4�e Ay 0 0000 0 610 IR / ,i ii/ OR/, VON � J v, �' II MW 'li X ✓', �I� omY�' ,,, { / .'. �� fII�Jf��N rtr»wm.*«=.mr.:�...w. / a 6 X 4 c s u X/V///aUl'1 r ov it Or �W , it J / /� .� ,✓ � , 6Ill k a fG ,, �: �r n r iA�6 i4 a elf W��✓(� 'fX rw '� / w✓ /a n" � J t ,m wvwaw.iw "�J �b 1hUf X io r h rX au M., a z w t h j tiBfrJrraer� J m Bw sa Jr nruv vmxmrvwax.av a rrm� mf ,r b, e f { dl�lf ' Ari ,1 A 4M d4 City of Fort Worth, Texas Mayor and Council Communication \MNIWSI nn MWV Nua WN10WVH huIN✓n✓5 d4NlYYnWi;,WbA4WNUYiNAaFlID IYPi 10 ttWa " tiNII,Z?ai±'N9 / k"5'd9M.t'7lA( '/ (f P.tlp2'/"l 'Jla4M bl?Nl Nrtrolttd:'aIWUPI@ ffJIWI.fUh11911MR.Vdp01WN6M4RI�rllJ iY'/PllWF1CM1N((billRl IpA'NO6Ptt.!WH40.V5tl(WYdAYIIb`YI411¢'i]p109NUWM1!RANOFIM.WN'iMdd2ltlR?f01dNlBlbbl4?.MRMNNNdIAWAINY,YiOIN COUNCIL ACTJO Approved on 81131201,3. - Resolution No. 4228-08-2013,, -mmx!wwv�awwamauwu!vommmoonrvuvruwvwmuvureiwrrvwmHOuwuirc umw ras?�uamsarN,tnw9W6°miiiatu vuGVmn ixiwm!�me irwrwmuuiudnAUa�mumaiamirromiemnm mm. w.rnuMtaaiarravu e mmwo�uwreanry vrvry nnvrnnur�nu».wuxrarcaanrvvu uiiwnimu moan¢�inusi.ireu�r� +mww.wmim;m�anmprwrmomw,rcrc�wrcwmaw¢wawonmw w¢w000m DATE: Tuesday, August 13, 2013 REFERENCE NO.: "G-17968 LOG NAME: 17CBG-RES-2013 SUBJECT: Adopt Resolution Nominating Carolina Beverage Group, LLC, Manufacturing and Distribution Facility at 13300 Park Vista Boulevard as an Enterprise Project Pursuant to the Texas Enterprise Zone Act, Chapter 2303, Texas Government Code (COUNCIL DISTRICT 7) RECOMMENDATION: It is recommended that the City Council adopt the attached resolution nominating Carolina Beverage Group, LLC, manufacturing and distribution facility at 13300 Park Vista Boulevard as an enterprise project pursuant to Chapter 2303, Texas Government Code. DISCUSSION: The City Council previously adopted Ordinance No. 15733 electing to participate in the Texas Enterpirse Zone Program. The Texas Enterprise Zone Program is an economic development tool for local communities to partner with the State of Texas to promote job creation and capital investment in economically distressed areas. Designated projects are eligible to apply for state sales and use tax refunds on qualified expenditures. Local communities must nominate a company as an enterprise project in order for the company to be eligible to receive benefits under the Enterprise Zone Program. On May 7, 2013, (M&C G-17879) the City Council adopted Resolution No. 4200-05-2013 nominating Carolina Beverage Group, LLC, as an Enterprise Zone Project. Carolina Beverage Group, LLC, intends to establish a beverage manufacturing and distribution center on property located at 13300 Park Vista Boulevard, which it leases from AT7 Industrial Owner, LLC. At that time, the lease had not been finalized, so the Resolution stated that Carolina Beverage Group, LLC "planned to lease" the site. Since the project application will be submitted to the Office of the Governor, Economic and Tourism Division, for the third quarter round of project considerations (September 3, 2013), the State has asked that the City submit an updated nominating Resolution that reflects that Carolina Beverage Group, LLC, has, in fact, leased the site. 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 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 Logname: 17CBG-RES-2013 Page 1 of 2 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 7. FISCAL INFORMATION / CERTIFICATION: The Financial Management Services Director certifies that this action will have no material effect on City funds. FUND CENTERS: TO Fu nd/Accou nt/C enters FROM Fund/Account/Centers CERTIFICATIONS: Submitted for City Manager's Office b Fernando Costa (6122) Originating Department Head: Cynthia Garcia (8187) Ossana Hermosillo (6203) Additional Information Contact: Ana Alvarado (2661) Logname: 17CBG-RES-2013 Rage 2 of 2