HomeMy WebLinkAboutResolution 4379-11-2014 A Resolution
NO. 4379-11-2014
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NOMINATING THE COLUMBIA PLAZA MEDICAL CENTER OF FORT WORTH
SUBSIDIARY, L.P. MEDICAL FACILITY AT 900 EIGHTH AVENUE I
AS AN ENTERPRISE PROJECT PURSUANT TO THE j
TEXAS ENTERPRISE ZONE ACT, CHAPTER 2303, 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 (EDC), through the Economic
Development Bank("Bank"), will consider Columbia Plaza Medical Center of Fort Worth Subsidiary,L.P., as an
enterprise project pursuant to a nomination and an application made by the City;
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,the Columbia Plaza Medical Center of Fort Worth Subsidiary, L.P. located at 900 Eighth Avenue is
a free standing 320-bed medical center that offers comprehensive diagnostic and treatment services, including
cutting-edge diagnostic treatment services in a wide range of specialties and subspecialties, and four open-heart
surgery operating rooms, four cardiac catheter labs, a dedicated intensive care unit, and four separate critical care
units;
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WHEREAS,pursuant to Chapter 2303, Subchapter F of the Texas Enterprise Zone Act, Texas Government Code
(the "Act"), Columbia Plaza Medical Center of Fort Worth Subsidiary, L.P., has applied to the City for
designation as an enterprise project;
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WHEREAS, the City finds that the Columbia Plaza Medical Center of Fort Worth Subsidiary, L.P. medical
facility at 900 Eighth Avenue meets the criteria for designation as an enterprise project under Chapter 2303,
Subchapter F of the Act on the following grounds:
1. Columbia Plaza Medical Center of Fort Worth Subsidiary, L.P., 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 or retained 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 I
neighborhood entities within the area; and
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3. The designation of Columbia Plaza Medical Center of Fort Worth Subsidiary, L.P., 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 Columbia Plaza Medical Center of Fort Worth Subsidiary, L.P. meets the criteria
for tax relief and other incentives adopted by the City and nominates Columbia Plaza Medical Center of Fort
Worth Subsidiary, L.P. for enterprise project status on the grounds that it is located at the qualified business site i
and will create a higher level of employment, economic activity and stability in the area; and fi
WHEREAS,the City finds that it is in the best interest of the City to nominate Columbia Plaza Medical Center of l
Fort Worth Subsidiary, L.P. as an enterprise project pursuant to the Act;
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NOW,THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, j
TEXAS:
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1. THAT the findings of the City Council and its actions approving this Resolution taken at the City
Council meeting on this date are hereby approved and adopted;
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2. THAT Columbia Plaza Medical Center of Fort Worth Subsidiary, L.P., 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; and
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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.
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Adopted this 18`h day of November,2014.
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ATTEST: �o �10
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oBy: a
-Mary—I Kayse S cret op°° °° add
cy
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ORT WORT
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City of Fort Worth, Texas
Mayor and Council Communication
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°' - COUNCIL ACTION: Approved on 11/18/2014 � Resolut�on:No' 4379-11-2014 �`
DATE: Tuesday, November 18, 2014 REFERENCE NO.: **G-18360
LOG NAME: 17PLAZAMEDICALEZ
SUBJECT:
Adopt Resolution Nominating the Columbia Plaza Medical Center of Fort Worth Subsidiary, L.P., Medical
Facility Located at 900 Eighth Avenue as an Enterprise Project, Pursuant to the Texas Enterprise Zone
Act, Chapter 2303, of the Texas Government Code (COUNCIL DISTRICT 9)
RECOMMENDATION:
It is recommended that the City Council adopt the attached resolution nominating the Columbia Plaza
Medical Center of Fort Worth Subsidiary, L.P., medical facility located at 900 Eighth Avenue as an i
Enterprise Project, pursuant to Chapter 2303, of the Texas Government Code. !
DISCUSSION:
The Columbia Plaza Medical Center of Fort Worth Subsidiary, L.P., medical facility located at 900 Eighth
Avenue is a free standing 320-bed medical center that offers comprehensive diagnostic and treatment
services. The medical facility offers cutting-edge diagnostic treatment services in a wide range of 4
specialties and subspecialties. The medical facility includes four open-heart surgery operating rooms, four j
cardiac catheter labs, a dedicated intensive care unit and four separate critical care units. Services range
from stress tests and cardiac rehabilitation to the more complex procedures like off-pump bypass surgery.
The City Council of the City of Fort Worth (City) previously adopted Ordinance No. 15733, under which the
City has elected to participate in the Texas Enterprise Zone Program. The Office of the Governor
Economic Development and Tourism through the Economic Development Bank will consider the Columbia ;
Plaza Medical Center of Fort Worth Subsidiary, L.P., medical facility as an Enterprise Project, pursuant to
a nomination and an application made by the City. The Texas Enterprise Zone Program allows the City to
pursue its goal of inducing the investment of private resources in productive business enterprises and
provide employment to residents of enterprise zones and other economically disadvantaged individuals.
The City finds that the Columbia Plaza Medical Center of Fort Worth Subsidiary, L.P., medical facility
meets the criteria for designation as an Enterprise Project, under Chapter 2303, Subchapter F of the Act
on the following grounds:
1. Columbia Plaza Medical Center of Fort Worth Subsidiary, L.P., 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 i
an enterprise zone and at least 35 percent of the business' new or retained 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 the Columbia Plaza Medical Center of Fort Worth Subsidiary, L.P., medical
Logname: 17PLAZAMEDICALEZ Page 1 of 2
facility as an Enterprise Project will contribute significantly to the achievement of the plans of the
City for development and revitalization of the area.
This project is located in COUNCIL DISTRICT 9, Mapsco 76L.
FISCAL INFORMATION / CERTIFICATION:
The Financial Management Services Director certifies that this action will not increase the total
appropriations on City funds.
FUND CENTERS:
TO Fund/Account/Centers FROM Fund/Account/Centers
CERTIFICATIONS:
Submitted for City Manager's Office by: Fernando Costa (6122)
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Originating Department Head: Jesus Chapa (5804)
Ana Alvarado (212-2680)
Additional Information Contact: Robert Sturns (212-2663)
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