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HomeMy WebLinkAboutOrdinance 12894ORDINANCE N0. ~~ O % 7 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS NOMINATING AN AREA AS AN ENTERPRISE ZONE PURSUANT TO THE TEXAS ENTERPRISE ZONE ACT (TEXAS GOVERNMENT CODE, CHAPTER 2303); PROVIDING TAX INCENTIVES; DESIGNATING AN AUTHORIZED REPRESENTATIVE TO ACT IN ALL MATTERS PERTAINING TO THE NOMINATION AND DESIGNATION OF THE AREA DESCRIBED HEREIN AS AN ENTERPRISE ZONE AND REINVESTMENT ZONE (TEXAS TAX CODE, CHAPTER 312); AND FURTHER DESIGNATING A LIAISON TO ACT ON ALL MATTERS PERTAINING TO THE ENTERPRISE ZONE ACT ONCE DESIGNATED BY THE TEXAS DEPARTMENT OF COMMERCE. WHEREAS, the City Council of the City of Fort Worth, Texas desires to create the proper economic and social environment to induce the investment of private resources in productive business enterprises located in severely distressed areas of the city and to provide employment to residents of such area; WHEREAS, certain conditions exist in such area which represent a threat to the health, safety, and welfare of the people of such area; and WHEREAS, it is necessary and in the best interest of the City to nominate such area as an enterprise zone pursuant to the Texas Enterprise Zone Act {Texas Government Code, Chapter 2303, the "Act") ; and WHEREAS, such area meets the criteria for designation as an enterprise zone as set forth in the act NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS Section 1. That the City hereby nominates the area set forth and attached hereto as Exhibit A. i Section 2. That the City Council finds the zone area meets the qualifications of the Act. Section 3. That the City Council will provide certain tax incentives applicable to business enterprises in the zone on a case by case basis which are not applicable throughout the City as follows: The City shall refund to any qualified business meeting minimum standards and located in such enterprise zone the amount of tax paid under the Municipal Sales and Use Tax Act (Texas Tax Code, Chapter 321) by the business for rehabilitation, reconstruction or construction costs of real property. Other incentives that may be negotiated in the proposed enterprise zone on a case by case basis are as follows: A reduced schedule of development fees to enterprise zone businesses meeting minimum standards Accelerated zoning and permit procedures Enterprise zone businesses meeting minimum standards will be processed upon receipt, before non-enterprise zone businesses already in hand. Transfer of city owned surplus land at below market prices for the public purpose of economic development. The ability to purchase city-owned land shall be based upon the extent to which the business receiving the property creates jobs for qualified employees, in accordance with the attached Exhibit B -2- Section 4. That the area described in this ordinance is designated as an enterprise zone, and a reinvestment zone, subject to the approval of the Texas Department of Commerce. Section 5. That the City Council directs and designates its City Manager as the City's authorized representative to act in all matters pertaining to the nomination and designation of the area described herein as an enterprise zone, and a reinvestment zone. Section 6. That the City Council further directs and designates the City's economic development coordinator as liaison for communication with the Department to oversee zone activities and communications with qualified businesses Section 7 That a public hearing to consider this ordinance was held by the City on February 6, 1997. Section 8. That this ordinance shall take effect from and after its passage as the law and charter in such case provides. SECTION 2. This ordinance shall be cumulative of all provisions of ordinances and of the Code of the City of Fort Worth, Texas (1986), as amended, except where the provisions of this ordinance are in direct conflict with the provisions of such ordinances and such Code, in which event conflicting provisions of such ordinances and such Code are hereby repealed. -3- SECTION 3. It is hereby declared to be the intention of the City Council that the sections, paragraphs, sentences, clauses and phrases of this ordinance are severable, and, if any phrase, clause, sentence, paragraph or section of this ordinance shall be declared unconstitutional by the valid judgment or decree of any court of competent jurisdiction, such unconstitutionality shall not affect any of the remaining phrases, clauses, sentences, paragraphs and sections of this ordinance, since the same would have been enacted by the City Council without the incorporation in this ordinance of any such unconstitutional phrase, clause, sentence, paragraph or section. PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS ON THIS 25TH DAY OF FEBRUARY, 1997. APPROVED AS TO FORM AND LEGALITY• ~~=~'~" Assistant City ttorney Date: a2 - o2.s °9~ ADOPTED. oC-~~~-- ~7 EFFECTIVE : ~ - a-S` -4- EXHIBIT "A" General Description North Fort Worth Enterprise Zone Beginning at the intersection of the right-of--way of I35W and south right-of--way of NE 28th street. Thence west along NE 28th St. to the intersection of west right-of--way of Deen Ave. Thence north along Deen Ave. to the intersection of north right-of--way of Dewey Ave. Thence east along Dewey Ave. to the intersection of west right-of--way of Ray Simon Ave. Thence north along Ray Simon Ave. to the intersection of south right-of--way of Leming Ave. Thence west along Leming Ave. to the intersection of the west right-of--way of Deen Ave. Thence north along Deen Ave. to the southwest right-of--way of Terminal Road. Thence northwest along Terminal Road for 246 6 feet to a point for corner with City limit line. Thence northwest along city boundary line to south right of way of the BN Railway spur track. Thence west along BN Railway Spur track for 4,408 feet to a point approximately 1, 445 feet west from the center line of Blue Mound Road. Thence north 50 feet to a point for corner m the north right-of--way line of the BN Railway spur track. Thence east along BN Railway spur track. for 3,908 to the intersection of the southwesterly right-of--way line of the BN Railway Thence northwest along the BN Railway to the south right of way of Industrial Blvd. Thence west along Industrial Blvd. To the intersection of the right-of--way of the OK Kansas-Texas Railway Thence south along the OK Kansas-Texas Railway to the east right-of--way of Main St. Thence northwest along Main St. to the north property line of Meacham International Airport. Thence west and south the south right-of--way following the Meacham International Airport property line to the south right-of- way Long Ave. Thence west along Long Ave. to the intersection of the southwest right-of--way of Angle Ave. Thence North along Angle Ave. to the intersection off the southeast right-of--way of NW 35th St. Thence Southwest along 35`h St. to the North right-of-way of Rock Island Ave. Thence Southwest along Rock Island Ave. to the Northeast right-of--way of Azle Ave. Thence southwest along Azle Ave. to the east right-of-way of Hanna Ave. Thence south on Hanna Ave. to the intersection of the southeast right-of--way of Belle Ave. Thence southwest & south along Belle Ave. to the northwest right-of--way of Jacksboro Hwy Thence southwest or Jacksboro Hwy to the intersection of the northwest right-of--way W 20th St. Thence northeast on W 24th St. to the northwest right-of--way 215` St. Thence northeast and east along 215` St. to the intersection of the east right-of--way of Lee Ave. Thence south and southeast along Lee Ave. to the intersection of the southeast right-of--way of Circle Park Ave. Thence Southeast along Circle Park Ave. to the intersection to the northwest right-of--way of North Side Dr Thence northwest along North Side Dr to intersection of the northeast right-of--way of Lee Ave. Thence southwest along Lee Ave. to the northwest right-of--way Grand Ave. Thence northeast along Grand Ave. to the southeast right-of--way of Main St. Thence southwest along Main St. to the northwest right-of--way of 9th St. Thence northeast along 9th St. to the intersection f the west bank of the west fork of the Trinity River Thence along the west bank of the west fork of the Trinity River to the intersection of the north west right-of--way of the Missouri Pacific RR. Thence Northeast along the Missouri Pacific RR to the intersection of the south right-of-way of NE 28~' Thence west on NE 28th to the intersection of the east right-of--way of IH 35W Thence north along IH35W to the intersection of the south right-of--way of Meacham Blvd. Thence east along Meacham Blvd. to the intersection of the west ROW of Beach St. Thence North on Beach St. to the intersection of the south ROW of I820 Thence west on I820 to the intersection of the east right-of--way of IH35W Thence north on IH35 to the intersection of the south ROW of State Highway 170 Thence northwest along SH170 to the area encompassing the Alliance Gateway Development. Thence continuing north IH35 from SH170 to the south property line encompassing the Alliance R&D/Manufacturing center Thence along the boundary of Alliance R&D/Manufacturmg Center back to IH 35W Thence west along boundary of Alliance Center and Reserve Developments and continuing along the west boundary of Alliance Airport to IH 35W Thence south on IH35W to the point of origin being the intersection of the south ROW of NE 28th and west ROW of IH35 and containing 15 47 square miles of land. EXHIBIT "B" PROPOSED NORTH ]ENTERPRISE INCENTIVES Non-TargetArea Incentives: Incentive. -ability to purchase surplus owned City land at less than fair market value based upon the extent to which the business receiving the property creates fobs for qualified employees Target Area Incentives Incentives. -ability to purchase surplus owned City land at less than fair market value based upon the extent to which the business receiving the property creates jobs for qualified employees -refund of local sales tax in certain circumstances for remodeling, rehab or construction on a business within the target area -reduced schedule of Development fees for qualifying businesses within the target area - on a negotiated basis, accelerated zoning and permit procedures. Enterprise zone businesses meeting minimum standards will be processed upon receipt, before non- enterprise zone businesses. _( . -""~ .~ ~ ~~ I ~. i ,r ~ \ ~ } j ~,. ~a - -, ,-, •_ ~.~ xe,Ll _r f y fS -~ ,( ~. ~ i ~ i t} ,~' 1~ ~ ', ' F Z ; <. _~ ~ ~.4 ~~ ;` I ! ~ -'~ " ~ ~ --j i w ~ \I _ 1 l r i 4 ~ ~ ~•, f ti ,~ ~ ~ N ' I I I ~ 1~ r\ ~, ~ 91 ~ ®~ l ~ I~ ~' ~ 8 _ ~.. i ~. - Ao.xo.c 1 ., ~ ~ '7 ~ ~ vc. ®~ ~~ •c~J ' ' _ _ ,~ ~, _.. ._ ~ _ ... 3 ~~ ~L^~ 1 /~ _ ~. i ~ ~, ~ ~ ~ - ~~ ~, ~ t , , x,., _,~_ " I ~ VAi MICA ~• 1 xoxin xmnuxo - NILLS NORTH ENTERPRISE ZONE ' FEBRUARY 25 1997 CITY AF fQRT WQRTh{ 7EYA5 0 0~0o eooo W E a -ze^-J~B~J ~ S 5 ~~ ~ City of Fort Worth Texas Mayor and Council Communication DATE REFERENCE NUMBER LOG NAME PAGE 02/25/97 G-11786 02NORTH 1 of 3 SUB3ECT MAKE FINDINGS CONCERNING THE NOMINATION OF A NORTH ENTERPRISE ZONE AND AUTHORIZE THE SUBMITTAL OF AN APPLICATION TO THE TEXAS DEPARTMENT OF COMMERCE FOR CREATION OF THE ZONE RECOMMENDATION. It is recommended that the City Council 1 Adopt the attached ordinance nominating as an enterprise zone the area set forth and attached to said ordinance as Exhibit A, and 2 Find that the zone area meets the requirements and criteria of the Texas Enterprise Zone Act, and 3. Find that a public hearing to consider this ordinance was held by the City on February 6, 1997, and 4 Direct and designate its City Manager as the City's authorized representative to act in all matters pertaining to the nomination and designation of the area described herein as an enterprise zone, and a reinvestment zone, and 5 Direct and designate the City's economic development coordinator as liaison for communication with the Department of Commerce to oversee zone activities and communications with qualified businesses, and 6 Authorize the City Manager to submit the appropriate application to the Texas Department of Commerce for designation of the North Enterprise Zone DISCUSSION. Enterprise Zones in the City of Fort Worth expired in September, 1995 Applications for new zones would again provide this economic development tool to the City of Fort Worth This action would establish the North Fort Worth Enterprise Zone The proposed zone was presented to the Expanding Economic Opportunities Committee of the City Council on January 15, 1997 Public hearings were held on February 6, 1997 to receive public input on the proposed zone boundaries and incentives After compiling all information and meeting all State requirements, the final recommendations are to be submitted as part of the enterprise zone application to Texas Department of Commerce Printed on Aegded Paper City of Fort Worth, Texas Mayor rind Council Communication 02/25/97 G-11786 NAME 02NORTH I 2 of 3 StTSJECT MAKE FINDINGS CONCERNING THE NOMINATION OF A NORTH ENTERPRISE ZONE AND AUTHORIZE THE SUBMITTAL OF AN APPLICATION TO THE TEXAS DEPARTMENT OF COMMERCE FOR CREATION OF THE ZONE The incentives to be offered by the City in the zone have been broken into two categories The first category is the non-target area incentive which will apply to those areas on the enterprise zone that fail outside the City's designated "central city" areas This incentive includes • Transfer of city owned surplus land at below market prices for the public purpose of economic development The ability to purchase city-owned land shall be based upon the extent to which the business receiving the property creates jobs for qualified employees The second category is the target area incentives which will apply to those areas of the enterprise zone that fall inside the City's designated "central city" areas These incentives include • Transfer of city owned surplus land at below market prices for the public purpose of economic development The ability to purchase city-owned land shal{ be based upon the extent to which the business receiving the property creates jobs for qualified employees • The refund to any qualified business meeting minimum standards and {ocated in such enterprise zone the amount of tax paid under the Municipal Sales and Use Tax Act (Texas Tax Code, Chapter 321) by the business for rehabilitation, reconstruction or construction costs of real property • A reduced schedule of development fees to enterprise zone businesses meeting minimum standards • On a negotiated basis, accelerated zoning and permit procedures Enterprise zone businesses meeting minimum standards will be processed upon receipt, before non- enterprise zone businesses already in hand A map of the proposed enterprise zone is attached Printed on Regded Paper Adopted Ordinance No, __,,,,,,,,~ City of Fort Worth, Texas Mayor and Council Communication DATE 02/25/97 REFERENCE NUMBER G-11786 LOG NAME 02NORTH PAGE 3 of 3 SUBJECT MAKE FINDINGS CONCERNING THE NOMINATION OF A NORTH ENTERPRISE ZONE AND AUTHORIZE THE SUBMITTAL OF AN APPLICATION TO THE TEXAS DEPARTMENT OF COMMERCE FOR CREATION OF THE ZONE FISCAL INFORMATION/CERTIFICATION. The Director of Fiscal Services certifies that funds required for this transaction are available in the current operating budget of the General Fund BT m Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY Office by: (to) APPROVED CITY COUNCIL Mike Groomer 6140 Originating Department Head: FE6 25 ~99~ Tom Higgins 6192 (from) ~, ' . ~ GGO1 539120 0024000 $500 00 ~ ri(t~ S.CtnRfy of the For Additional Information Cilt~I QI Fcrt fflotth, le7tas Contact: Paul Cain 8003 Printed on Regded Paper Adopted Ordinance No,/c~