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HomeMy WebLinkAboutOrdinance 12768 ORDINANCE NO. AN ORDINANCE AMENDING THE COMPREHENSIVE ZONING ORDINANCE OF THE CITY OF FORT WORTH, BEING ORDINANCE NO. 3011, AS AMENDED, CODIFIED AS APPENDIX "A" OF THE CODE OF THE CITY OF FORT WORTH (1986), AS AMENDED, BY AMENDING 2-G, "HISTORICALLY, CULTURALLY, ARCHITECTURALLY AND ARCHEOLOGICALLY SIGNIFICANT PROPERTIES", SUBDIVISION C, SECTION 2.C.3 TO PROVIDE THAT PROPERTIES DESIGNATED "HIGHLY SIGNIFICANT ENDANGERED" THAT ARE REHABILITATED WITHIN TWO YEARS AFTER DESIGNATION WILL RECEIVE TAX INCENTIVES FOR A 15 YEAR PERIOD; PROVIDING THAT THIS ORDINANCE SHALL BE CUMULATIVE, PROVIDING A SEVERABILITY CLAUSE; PROVIDING A SAVINGS CLAUSE, PROVIDING A PENALTY CLAUSE; PROVIDING FOR PUBLICATION IN THE OFFICIAL NEWSPAPER, AND PROVIDING AN EFFECTIVE DATE. WHEREAS, Section 2-G of the Comprehensive Zoning Ordinance of the City of Fort Worth, "Historically, Culturally, Architecturally and Archeologically Significant Properties", provides property tax incentives for the rehabilitation of structures designated "Highly Significant Endangered", WHEREAS, a structure designated "Highly Significant Endangered" that is rehabilitated in accordance with Section 2-G is entitled to City property tax incentives for a minimum of ten years, WHEREAS, in order to encourage rehabilitation of designated structures, the ten year tax incentive period can be increased to a maximum of 15 years if the rehabilitation is commenced and completed promptly after designation, in accordance with Section 2-G, WHEREAS, Subdivision C, Section 2 C 3 currently provides that if the rehabilitation is completed within one year after designation as Highly Significant Endangered, the tax incentives will be for a period of 15 years, with the incentive period decreasing by one year for each year that completion is delayed, to a minimum period of ten years, WHEREAS, after further consideration, it has been determined that the requirement that projects be completed within one year after designation in order to be entitled to the maximum 15 year incentive period is not feasible in some cases and that the deadline for completion should be extended to two years, NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: SECTION 1. Section 2-G, "Historically, Culturally, Architecturally and Archeologically Significant Properties", Subdivision C, "Tax Incentives for Certain Significant Properties", Section 2 C 3, is hereby amended to read as follows (3) Term of Rehabilitation Incentives The term of the Rehabilitation Incentives shall be a minimum of ten years commencing on the first day of the tax year following completion of the rehabilitation In order to encourage prompt rehabilitation, the term of the Rehabilitation Incentives may be increased for up to an additional five years If the rehabilitation is completed within two years after designation as Highly Significant Endangered, the Rehabilitation Incentives shall be for a period of 15 years commencing on the first day of the tax year following completion of the rehabilitation The term of the Rehabilitation Incentives shall decrease, by one year for each additional year that completion of rehabilitation is delayed, to a minimum of ten years 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 -2- hereby repealed 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 SECTION 4 All rights and remedies of the City of Fort Worth, Texas, are expressly saved as to any and all violations of the provisions of Ordinance No 3011 or any other ordinances affecting zoning which have accrued at the time of the effective date of this ordinance, and, as to such accrued violations and all pending litigation, both civil and criminal, whether pending in court or not, under such ordinances, same shall not be affected by this ordinance but may be prosecuted until final disposition by the courts SECTION 5. This ordinance shall be in full force and effect from and after its passage and publication as required by law, and it is so ordained -3- APPROVED AS TO FORM AND LEGALITY. Assistant )City Attorney Date V y ~1,~evv~~rt... ! .~ , I f S ADOPTED ~ Gar-"~-.t''E'-~' J ~ ~ l `~ > C,' EFFECTIVE ~-~'° ._- -4-