HomeMy WebLinkAboutResolution 4266-12-2013 A Resolution
NO. 4266-12-2013
READOPTING THE RELOCATION INCENTIVES POLICY
FOR BUSINESSES DISPLACED BY MAJOR PUBLIC INFRASTRUCTURE PROJECTS
WHEREAS, pursuant to M&C G-15045, approved by the City Council on December 20, 2005, the City
Council adopted a Relocation Incentives Policy (the "Policy"), which Policy was last readopted on
December 6, 2011 (Resolution No. 4051-12-2011) to be effective until December 15, 2013; and
WHEREAS, the Policy requires that the City Council must by Resolution designate a particular
infrastructure project as a "Major Infrastructure Project" in order for businesses affected by the
infrastructure project to be eligible for incentives under the Relocation Incentives Policy; and
WHEREAS, to date the City Council has designated as "Major Infrastructure Projects" the Southwest
Parkway (SH121T) Project (Resolution No. 3318-02-2006); the Trinity Uptown Project (Trinity River
Vision) (Resolution No. 3390-07-2006); the TEX Rail Project (Resolution No. 4118-08-2012); and the
1-35 Corridor Expansion Project (also Resolution No. 4118-08-2012); and
WHEREAS, the Relocation Incentives Policy provides for tax abatement, various fee waivers and other
incentives to certain businesses displaced by Major Infrastructure Projects if those businesses relocate
their facilities and operations to areas of the City targeted by the City Council for development or
redevelopment; and
WHEREAS, the Relocation Incentives Policy has helped the City retain businesses that might otherwise
have located outside the City or otherwise faced additional hardship due to displacement by major
infrastructure projects; and
WHEREAS, Chapter 312 of the Texas Tax Code provides that a policy pursuant to which a
municipality offers tax abatement is effective only for a period of two (2) years; and
WHEREAS, accordingly, the ability of the City to offer tax abatement as an incentive under the
Relocation Incentives Policy will expire on December 15, 2013 unless the Relocation Incentives Policy
is readopted;
WHEREAS, the City Council wishes to continue the offering of tax abatement as an incentive for
businesses displaced by Major Infrastructure Projects in accordance with the attached Relocation
Incentives Policy;
RTWORT
Resolution No. 4266-12-2013
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF FORT WORTH, TEXAS:
1. THAT the City hereby elects to be eligible to participate in tax abatement in accordance with
Chapter 312 of the Texas Tax Code.
2. THAT the Relocation Incentives Policy attached hereto is hereby readopted and that the
provisions relating to tax abatement therein shall be effective from December 16, 2013 through
December 15, 2015, unless earlier amended or repealed by a vote of at least three-fourths (3/4) of the
members of the City Council.
3. THAT notwithstanding the provisions of any previous Resolution adopted by the City Council,
(i) this Relocation Incentives Policy, as it may subsequently be amended, will expressly govern all tax
abatement agreements with persons or entities qualifying for abatement hereunder; (ii) the General Tax
Abatement Policy adopted by the City Council pursuant to Resolution No. 40916-06-2012, as previously
amended and as it may subsequently be amended, will expressly govern all tax abatement agreements
with persons or entities qualifying for abatement thereunder; and (iii) the Neighborhood Empowerment
Zone Tax Abatement Policy adopted by the City Council pursuant to Resolution No. 4209-07-2013, as it
may subsequently be amended, will expressly govern all tax abatement agreements with persons or
entities qualifying for abatement thereunder.
ADOPTED this 10`h day of December, 2013.
455� fo*00000 Rr
0,
ATTEST: 7 A ,0
00 0
"0'
0
0 T.
By:
M ry J. K s ity Se6etary 0 0 cy
oc�7 00
/Y
RTWORT
CITY OF FORT WORTH
RELOCATION INCENTIVES POLICY & GUIDELINES
FOR QUALIFYING BUSINESSES AFFECTED BY PUBLIC
INFRASTRUCTURE PROJECTS
Effective Dcocnobcz \h, 2013 — []cceozbez 15, 2015
� �������U PURPOSE ����� o�������U�����
"^ ~�~-"~��"�^�=� " =~"~" =°~�~- ��"~=° OBJECTIVES
" � "-=°
?he city of Fort Worth ("City") vu|ucu the many buminoomoo that comprise the fabric of Fort
Worth's business community arid p/hiub provide for tile creation o[new jobs and lead to positive
economic growth and stabilization. A^aaresult, in accordance with the provisions and conditions
of this policy statement("Policy"), the City will, oil uousc-hy-cuse basis, consider the granting of
incentives for businesses that are displaced and must relocate as result ofun eminent domain, or
condemnation, action filed by the City or another public agency on account of u public
infrastructure project that is designated by resolution of the City Council as o "Major Public
Infrastructure Project" in ail effort to retain those businesses ill the City.
Thc City acknowledges that different oroum of the City fooc varying degrees of challenges in
attracting private sector capital for quality business development. Therefore, the City has
designed this Policy to provide grouter assistance to businesses relocating in urcom of the City
where private investment and market activity has lagged behind other urcum of the City. (See
Exhibit A).
� KN�������U���� AVAILABLE
��� ^���~���° ° " � ^���
Any huuiuoam that is displaced and must relocate as a result on an eminent domain, or
condemnation, action filed by the City or another public agency on ucunuui of a public
infrastructure project that is designated by umo\ohon of the City Council as a "Major Public
lnbumtruobarc Project" will qualify under this Policy for the following list of incentives, as
applicable, if that business relocates tou location within the corporate limits of the city. TheCity
Council abuU have sole and final authority to determine the applicability of this Policy, including,
but not limited 1o, whether u particular operation is u ^^buoiocos" within the meaning and intent of
this Policy and whether a given Major yuh|io Infrastructure Project will, in fact, displace tho
business. /\ business must complete and submit orelocation incentive application with the City
of Fort VVonb'u Housing arid Economic Development Dcpudnoon| prior to locating to u new
location iu order Coqualify for these incentives.
Incumtivesfor Relocating within Area .1 (as
l. Waiver of the development fees outlined below:
u. building permit(including fees for inspection);
b. zoning fee(required for zoning chungcu);
o. ordinance inspection tee (all trades);
d. temporary and permanent encroachment fees (up to 90-days);
e. platting fees
[ expedited zoning process fee; and
g. fire, sprinkler, and alarm permit fees;
2. Release ofcertain liens such us weed,demolition, board-up/open structure, and
paving;
3. Expedited plan review (through the City contracted plan review mervice),
4. Expedited Zoning process; and
5. Eight-year, 75% tax abatement on new real and new personal property investment for
businesses that purchase real property within the Central City Target Area and make
improvements on that property, and otherwise inaccordance with state law.
Relocating within Area 2 (as applicable)
l. Waiver of the development fees outlined below:
u. building permit(including fees for inspection);
b. zoning fee(required for zoning changes);
c. ordinance inspection fee (a|| kodos);
d. temporary and permanent encroachment fees (up to45-6uys);
e. platting fees
[ expedited zoning process fee; and
g. fire, sprinkler, and alarm permit fees;
2. Release of certain liens such as weed, demolition, board-up/open structure, and
paving;
3. Expedited plan review (through the City contracted plan review ucrviue);
4. Expedited Zoning process; and
5. Four-year, 50%tax abatement on new real and new personal property investment for
businesses that purchase rou| property within the Central City (but outside Area |)
and make improvements oothat property,and otherwise in accordance with State
Lap/.
Incentivesfor Relocating within Area J (as
). Expedited plan review (through the City contracted plan review servisc); and.
2. Expedited Zoning process(if fee poid).
}. Three-year 25% tax abatement on new real and new personal property investment for
humioosocm that purchase real property in the City (but outside Area l and Area 2) and
roukm improvements on that property,and otherwise in accordance with state law.
3. CONTACT `^~" ORmA^ `ON
For more information about this program, contact the City of Pod Worth's Housing and
Economic Development Department ut0l7-392-754O.
114
„
.ti 81 kY
77µ.
�.. m ., 26
199
r. 7
�, ,
4.,
� 10
'
...�
—2t),
183
lee
i
8
IS
5,
rf..
� .
w
...... ......
.�I ....
city of Fort worth
Housing and Economic Development Department
�� Relocation Incentives Policy Map
City of Fort Worth, Texas
Mayor and Council Communication
wrrrcrrrrurttnoivnerrcnrnrduiwanraa rc ei rr r
irra r riarrn u�auasuiin+¢artraau^rrwiw.rcr,rxrr vwn,rr r rr
wfiu r+inrwi�ntirrrnrr ,umrrv� ar,nrvnvou✓i rrrmnnrrr.n�.... v uuix ..r onn.ri mirwrnuraimnmmmrnrmRn.r ¢ourrrwn mnnnvv rnnror+wnr wirnxammmaornvwawrranaa¢oA+crsni¢uxro
!COUNCIL ACTION: Approved on 12/10/2013 - Resolution No. 4266-12-2013
anummrcoor7wwiimwuwua!rvimnmonuHwenannrrwwwrrcswWi ur r r r,r,r,r,r r
,u rwfiernuauv�remnnrawama^nar nruaw nmveivQrcamronirmu-ni ,rri nme. e.m�mmi i irr,r..uuuwenmr rnnnrvurnmananvnnnnnnnnnnau irmma�nvi«iq �niuzd�rrirniuwwrvmmwmwvrenrmm:a¢xnwurrunm.rr+snwmsun',mdwarevr rnrcraanrwnwnrnrcrod unnuunuunwndrraruvuawivrm¢treawvtionmimuw.iruvwrmivaimuumua.mt,
DATE: Tuesday, December 10, 2013 REFERENCE NO.: **G-18073
LOG NAME: 17RELORENEW2013
SUBJECT:
Adopt Resolution Readopting the Relocation Incentives Policy for Businesses Displaced by Major Public
Infrastructure Projects in the City (ALL COUNCIL DISTRICTS)
RECOMMENDATION:
It is recommended that the City Council adopt the attached Resolution readopting the Relocation
Incentives Policy for businesses displaced by Major Public Infrastructure Projects in the City.
DISCUSSION:
Businesses from time to time may be required to relocate from their current locations due to major public
infrastructure projects in the City. On December 20, 2005, the City Council adopted the initial Relocation
Incentives Policy creating a set of relocation incentives, including tax abatement and development fee
waivers, to be available to such businesses in an effort to retain the businesses in the City (M&C G-
15045). Each request for tax abatement incentives under the Policy requires approval from the City
Council. In order for a business to be eligible under this Policy, the City Council must first pass a
Resolution designating a public infrastructure project impacting the business as a Major Public
Infrastructure Project, which will then allow for the use of available relocation incentives under the
Policy. The current designated Major Public Infrastructure Projects include Southwest Parkway (SH-
121T) (Resolution No. 3318-02-2006), the Trinity Uptown Project (Trinity River Vision) (Resolution No.
3390-07-2006), the TEX Rail Project (Resolution No. 4118-08-2012), and the 1-35 Corridor Expansion
Project (also Resolution No. 4118-08-2012).
Under State law, policies pursuant to which a municipality offers tax abatements expire after two years.
The current Relocation Incentives Policy was adopted by the City Council on December 6, 2011
(Resolution No. 4051-12-2011), to be effective from December 15, 2011 until December 15, 2013.
Adoption of the attached Resolution will readopt the Relocation Incentives Policy for another two years.
There are no proposed changes from the current Relocation Incentive Policy.
Once adopted, the Relocation Incentives Policy will be effective from December 16, 2013 through
December 15, 2015.
FISCAL INFORMATION I CERTIFICATION:
The Financial Management Services Director certifies that this action will not increase the total
appropriations of City funds.
Logname: 17RELOREI14EW2013 Page 1 of 2
FUND CENTERS:
TO Fund/Account/Centers FROM Fund/Account/Centers
CERTIFICATIONS:
Submitted for City Manager's Office by: Fernando Costa (6122)
Originating Department Head: Jay Chapa (5804)
Robert Sturns (212-2663)
Additional Information Contact: Ana Alvarado (212-2680)
Logname: 17RELORENEW2013 Page 2 of 2