HomeMy WebLinkAbout18-1519 01-23-2018 RESOLUTION NO. 18-1519
A RESOLUTION OF THE CITY OF EULESS, TEXAS, RENEWING
ADOPTION OF A TAX ABATEMENT POLICY; ESTABLISHING
GUIDELINES AND CRITERIA FOR TAX ABATEMENT AGREEMENTS;
ELECTING TO BECOME ELIGIBLE TO PARTICIPATE IN TAX
ABATEMENT; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the Texas Legislature, during the 2009 Legislative Session
reauthorized the Property Redevelopment and Tax Abatement Act within Chapter 312 of
the Texas Tax Code through September 1, 2019, which establishes the authority of and
the process for the various local taxing entities to grant tax abatements; and
WHEREAS, the City Council adopted Resolution No. 16-1482 on January 12,
2016, renewing guidelines and criteria for granting tax abatements in reinvestment zones
created in the City of Euless; and
WHEREAS, the City Council adopted Resolution No. 14-1447 on October 28,
2014, amending guidelines and criteria for granting tax abatements in reinvestment zones
created in the City of Euless to make explicitly clear that corporate headquarters facilities
are eligible to be considered for tax abatements; and
WHEREAS, tax incentives are offered by the City of Euless for the purpose of
securing the future economic viability of the community through the creation and retention
of jobs, the attraction of new investment through the location of new industry, and the
expansion and modernization of existing businesses; and
WHEREAS, these tax incentives offered by the City of Euless are limited to those
companies that create new wealth within the City and should not adversely affect the
competitive position of existing companies operating in the City; and
WHEREAS, the City Council is committed to fully evaluating the merits and
benefits of each individual project and retaining the flexibility to offer any project up to the
maximum tax abatement allowed under the law. The City Council will carefully consider
high-priority opportunities with significant investment and/or job creation and high-wage
jobs, and to exercise flexibility in offering the maximum tax abatement necessary to attract
such projects to Euless.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF EULESS, TEXAS, THAT:
SECTION 1.
The Euless City Council does hereby elect to become eligible to participate in tax
abatements, and does further hereby renew adoption of "Guidelines and Criteria,"
attached as Attachment A, for granting tax abatement in reinvestment zones created
within the City of Euless, Texas.
SECTION 2.
EFFECTIVE DATE. This resolution shall be in full force and effect from and after
its passage.
APPROVED AND ADOPTED at a regular meeting of the Euless City Council on
January 23, 2018, by a vote of 5 ayes, 0 nays, and 0 abstentions.
APPROVED:
P'Xc
Linda Martin, Mayor
WATTES
er-rkMC, City Secretary
Resolution No. 18-1519, Page 2 of 23
ATTACHMENT A
GUIDELINES FOR TAX ABATEMENT IN A
REINVESTMENT ZONE
City of Euless, Texas
Tax Abatement Policy
Resolution No. 18-1519, Page 3 of 23
Section 1.
DEFINITIONS
The words below that are used in these policy guidelines are defined as follows:
"Abatement" means the full or partial exemption from ad valorem taxes of certain
improvements to real property in a reinvestment zone designated for economic
development purposes.
"Agreement" means a contractual agreement between a property owner and/or leasee
and an eligible jurisdiction for the purposes of tax abatement.
"Base Year Value" means the assessed value of eligible property on January 1 preceding
the execution of the agreement plus the agreed upon value of eligible property
improvements made after January 1 but before the execution of the agreement.
"Corporate Headquarters Facility" — means the location where most, if not all, of the
important functions of an organization (such as financial, legal, technical, logistics, and
personnel activities) are coordinated and performed.
"Deferred Maintenance" means improvements necessary for continued operations which
do not improve productivity or alter the process technology.
"Economic Life" means the number of years a property improvement is expected to be in
service in a facility.
"Eligible Jurisdiction" means the City of Euless, Tarrant County, or other special tax
districts that levy ad valorem taxes upon and provide services to property located within
a proposed or existing reinvestment zone.
"Expansion" means the addition of buildings, structures, fixed machinery or equipment for
purposes of increasing production capacity.
"Facility" means property improvements completed or in the process of construction
which together comprise an integral whole.
"Manufacturing Facility" means building, structures, fixed machinery or equipment, the
primary purpose of which is or will be the manufacture of tangible goods or materials, or
the processing of such goods or materials by physical or chemical change.
"Modernization" means the upgrading of existing facilities, which increase the productive
input or output, updates the technology, or substantially lowers the unit cost of the
operation. Modernization may result from the construction, alteration, or installation of
buildings, structures, fixed machinery or equipment. It shall not be for the purposes of
reconditioning, refurbishing, or repairing.
Resolution No. 18-1519, Page 4 of 23
"New Facility" means a property previously undeveloped, which is placed in service by
means other than, or in conjunction with, expansion or modernization.
"Other Basic Industry" means buildings or structures, including fixed machinery and
equipment not elsewhere described, used, or to be used, for the production of products
or services.
"Regional Distribution Center Facility" means buildings and structures, including fixed
machinery and equipment, used, or to be used, primarily to receive, store, service, or
distribute goods or materials owned by the facility, from which a majority of revenues
generated by activity at the facility are derived from outside Tarrant County.
"Regional Entertainment/Tourism Facility" means buildings and structures, including fixed
machinery and equipment, used or to be used to provide entertainment and/or tourism
related services, from which a majority of revenues generated by activity at the facility are
derived from outside Tarrant County.
"Regional Retail Facility" means buildings and structures, including fixed machinery and
equipment, used, or to be used, to provide retail services from which a majority of
revenues generated by activity at the facility are derived from outside Euless.
"Regional Service Facility" means buildings and structures, including fixed machinery and
equipment, used, or to be used, to provide a service, from which a majority of revenues
generated by activity at the facility are derived from outside Tarrant County.
"Reinvestment Zone-Municipality Designated" means any area which lies within the
taxing jurisdiction of the City of Euless and has been designated a reinvestment zone for
tax abatement purposes. It is the intent of the Euless City Council to provide tax
abatement within municipality designated reinvestment zones as long as the municipality
granted tax abatement is in concert with the tax abatement guidelines contained herein.
"Research Facility" means buildings and structures, including fixed machinery and
equipment, used, or to be used, primarily for research and experimentation to improve or
develop new tangible goods or materials, or to improve or develop the production
processes thereto.
Section 2.
ABATEMENT AUTHORIZED
a) Authorized Facility. A facility may be eligible for abatement if it is a:
i. Manufacturing Facility,
ii. Research Facility,
iii. Regional Distribution Center Facility,
iv. Regional Service Facility,
V. Regional Entertainment/Tourism Facility,
vi. Regional Retail Facility, or
Resolution No. 18-1519, Page 5 of 23
vii. Corporate Headquarters Facility, and
viii. Other Basic Industry
b) Authorized Date. A facility shall be eligible for tax abatement if it has applied for
such abatement prior to the commencement of construction, provided that such
facility meets the criteria granting tax abatement in reinvestment zones created in
the City of Euless pursuant to the guidelines and criteria adopted by the City
Council.
c) Creation of New Value. Abatement may only be granted for the additional value of
eligible property improvements made subsequent to and listed in an abatement
agreement between the City of Euless and the property owner and/or lessee,
subject to such limitations as the City Council may require.
d) New and Existing Facilities. Abatement may be granted to new facilities and
improvements to existing facilities for purposes of modernization and expansion.
e) Eligible Property. Abatement may be extended to the value of buildings,
structures; fixed machinery and equipment, site improvements, plus office spaces
and related fixed improvements necessary to the operation and administration of
the facility.
Ineligible Property. The following classes of property shall be fully taxable and
ineligible for abatement:
i. Land,
ii. Inventories,
iii. Supplies,
iv. Furnishings or other forms of movable personal property,
v. Vehicles, vessels, or aircraft,
vi. Deferred maintenance investments,
vii. Residential property,
viii. Property that is associated with any activity that is illegal under federal, state or
local law,
ix. Property owned or used by the State of Texas or its political subdivisions,
x. Property owned by any organization which is owned, operated or directed by a
political subdivision of the State of Texas
g) Leased Facilities. If an authorized facility eligible for tax abatement is leased, the
agreement shall be executed with both the lessor and the lessee.
h) Value and Term of Abatement. Abatement shall be granted effective with the
January 1 valuation date immediately following the date of execution of the
agreement. The value and term of abatement on new eligible property shall be
determined as follows:
Resolution No. 18-1519, Page 6 of 23
The value of the abatement may not exceed that indicated in Table A, based on
the investment by the business in eligible property described in Section 2(e)above.
The City Council, or its designated representative, shall work with the applicant,
prior to the execution of an abatement agreement, to determine the exact schedule
for the abatement.
Under no circumstances shall the value of the abatement exceed 100 percent of
the value of the eligible property in a single year, and the duration of an abatement
agreement shall not exceed 10 years or one-half (1/2) the economic life of the
eligible property, whichever is less.
i) Economic Qualification. In order to be eligible to receive tax abatement, the
applicant must meet the following qualifications:
1. For a new facility (with the exception of a regional retail facility) - be reasonably
expected to invest not less than one million dollars ($1,000,000) in the facility
(including both eligible and ineligible property) within three years from the
commencement of construction, and be expected to create employment for not
less than 10 persons associated with the production of goods and services at
the authorized facility on a full-time, permanent basis in the City of Euless.
2. For an expanded or modernized facility (excluding regional retail facilities) - be
reasonably expected to invest not less than one million dollars ($1,000,000) in
the facility (including both eligible and ineligible property) within three years
from the commencement of construction, and be expected to create or retain
employment for not less than 10 persons associated with the production of
goods and services at the authorized facility on a full-time, permanent basis in
the City of Euless.
3. For regional retail facilities- be reasonably expected to invest not less than two
million dollars ($2,000,000) in the facility (including both eligible and ineligible
property) within three years from the commencement of construction, and be
expected to create employment for not less than 10 persons associated with
the production of goods and services at the authorized facility on a full-time,
permanent basis in the City of Euless.
4. For a corporate headquarters facility - be reasonably expected to invest not
less than ten million dollars ($10,000,000) in the facility (including both eligible
and ineligible property) within three years from the commencement of
construction, and be expected to create employment for not less than 25
persons associated with the production of goods and services at the authorized
facility on a full-time, permanent basis in the City of Euless.
5. Two or more part-time, permanent employees totaling an average of not less
than 40 hours per week may be considered as one full-time, permanent
employee.
Resolution No. 18-1519, Page 7 of 23
6. Companies seeking to qualify for tax abatement on the basis of job retention
shall document that without the creation of reinvestment zone and/or tax
abatement, the company will either reduce or cease operations.
7. The City may consider an application from the owner or lessee of real property
requesting abatement of real and/or personal property owned or leased by a
certified air carrier making specific real property improvements or lease real
property improvements for a term of 10 years or more.
8. For an eligible development project to be considered for tax abatement, the
"Application for Tax Abatement" form must be completed and submitted to the
City Manager or his/her designated representative.
9. If requested, the applicant must provide evidence that there are no delinquent
property taxes due on the property.
10.The tax abatement agreement shall limit the uses of property consistent with
the general purpose of encouraging development or redevelopment of the zone
during the period that property tax abatements are in effect.
11.The owners of all projects receiving tax abatements shall properly maintain the
property to assure the long-term economic viability of the project.
12.Taxability. From the execution of the abatement agreement to the end of the
agreement period, taxes shall be payable as follows:
a) The value of ineligible property, as provided in Section 2(f) above, shall be
fully taxable,
b) The base year value of existing eligible property, as determined each year,
shall be fully taxable, and
c) The additional value of new eligible property shall be taxable in the manner
described in Section 2(h), above.
13.Conflict of Interest. Property that is in a reinvestment zone and that is owned
or leased by a member of the governing body or the Planning and Zoning
Commission of the City of Euless shall be excluded from property tax
abatement.
Resolution No. 18-1519, Page 8 of 23
Section 3.
APPLICATION
a) Any present or potential owner of taxable property in Euless may request the
creation of a reinvestment zone and tax abatement by filing a written request with
the City Manager or his/her designated representative.
b) The application (Exhibit A) shall consist of a completed application form
accompanied by the following:
i. A general written description of the proposed use and the general nature and
extent of the modernization, expansion, or new improvements to be
undertaken.
ii. A descriptive list of the improvements that will be a part of the facility
iii. A map and property description
iv. A time schedule for undertaking and completing the planned improvements
v. Such financial and other information as deemed appropriate by the City Council
for purposes of evaluating the application
c) Upon receipt of a completed application, the City Manager or his/her designated
representative, shall notify, in writing, the presiding officer of the governing body
of each affected jurisdiction. Before acting upon the application, the City Council
shall, through public hearing, afford the applicant, designated representatives of
any affected taxing jurisdiction, and the general public opportunity to show cause
why the abatement should or should not be granted. Notice of the public hearing
shall be clearly identified on a City Council agenda to be posted in accordance with
the Texas Property Redevelopment and Tax Abatement Act and the Texas Open
Meetings Act.
d) After receipt of an application for creation of a reinvestment zone (if not in
reinvestment zone) and application for the City Manager or his/her designated
representative. tax abatement, the City Manager or his/her designated
representative, shall prepare a feasibility study setting out the impact of the
proposed reinvestment zone and tax abatement. The feasibility study shall
include, but not be limited to, an estimate of the economic effect of the creation of
the zone and the abatement of taxes and the cost/benefit to the City and other
affected jurisdictions.
e) A request for a reinvestment zone for the purpose of tax abatement shall not be
granted if the City Council finds that the request for abatement was filed after the
commencement of construction, alternation, or installation of improvements
related to a proposed expansion, modernization or new facility authorized as
eligible under these guidelines.
0 Variance. Request for variance from provisions of these guidelines may be made
in written form to the City Manager or his/her designated representative, provided,
however, that the term and value of abatement described in Section 2(h) above,
Resolution No. 18-1519, Page 9 of 23
may not be increased. Such request shall include a complete description of the
circumstances explaining why the applicant should be granted a variance.
Approval of a request for variance requires a three-fourths (3/4) vote of the
governing body.
Section 4.
PUBLIC HEARING
a) Should an affected jurisdiction be able to show cause in the public hearing why the
grant of abatement will have a substantial adverse effect on its bonds, tax revenue,
service capacity or the provision of services, that showing shall be reason for the
City Council to deny any designation of the reinvestment zone, the granting of
abatement, or both.
b) Neither a reinvestment zone nor an abatement agreement shall be authorized if it
is determined that:
i. There would be a substantial adverse effect on the provision of government
services or tax base,
ii. The applicant has insufficient financial capacity,
iii. Planned or potential use of the property would constitute a hazard to public
safety, health or morals, or
iv. Planned or potential use of the property would violate other codes or laws.
Section 5.
AGREEMENT
a) After approval, the City shall formally execute an agreement with the owner of the
facility and/or lessee, which shall include the following:
i. Estimated value to be abated and the base year value,
ii. Percent of value to be abated each year as provided for in Section 2(h), above,
iii. The commencement and termination dates of the abatement,
iv. The proposed use of the facility, nature of the construction, time schedule for
construction and commencement of operations, map, property description, and
improvements as listed in the application under Section 3(b), above,
V. Contractual obligations in the event of default,violation of terms and conditions,
delinquent taxes, recapture, administration and assignment as provided for in
Sections 2(a), 2(g), 2(h), 7, 8, and 9, or other provisions that may be required
for uniformity or by state law, and
vi. Amount of investment in, and average number of jobs associated with, the
facility during the abatement period.
b) Such agreement shall normally be executed within 60 days after applicant has
forwarded all necessary information and documentation for evaluation of the
application to the City.
Resolution No. 18-1519, Page 10 of 23
Section 6.
DENIAL OF ABATEMENT
a) All eligible applications for tax abatement shall be considered on a case-by-case
basis and, except for the instances set forth in Section 6(b) herein, the decision to
approve or deny tax abatement shall be made at the discretion of the City Council
in accordance with the City of Euless Policy Statement for Tax Abatement.
b) Provided, however, neither a reinvestment zone nor abatement agreement may
be authorized if it is determined that:
i. There would be an adverse impact on the provision of government service or
tax base,
ii. The applicant has insufficient financial capacity to complete the project,
iii. Planned or potential use of the property would constitute a hazard to public
safety or health; or
iv. Violation of other codes or laws exists.
v. Nothing herein shall imply or suggest that the City of Euless is under any
obligation or duty to provide tax abatement to any eligible applicant, or that any
applicant has an entitlement to tax abatement, except as may be determined
on a case-by-case basis by the City Council.
Section 7
RECAPTURE
a) In the event that the facility is completed and begins producing goods and/or
services, but subsequently discontinues such production for any reason excepting
fire, explosion, or other casualty or accident or natural disaster for a period of one
year during the abatement period, then the agreement shall terminate and so shall
the abatement of taxes for all prior years, and such recaptured taxes shall be paid
to the City within sixty (60) days from the date of termination.
b) Should the City determine that the company or individual is in default according to
the terms and conditions of the abatement agreement, the City shall notify the
company or individual, in writing, at the address stated in the agreement, and if
such non-compliance is not resolved within sixty (60) days from the date of such
notice, then the agreement shall be terminated.
c) The agreement may be terminated and all taxes previously abated by virtue of the
agreement will be recaptured and paid within sixty (60) days of the termination, in
the event that the company or individual:
i. Allows its ad valorem taxes owed the City or other affected jurisdiction to
become delinquent and fails to timely and properly follow the legal procedures
for their protest and/or contest, or
Resolution No. 18-1519, Page 11 of 23
ii. Violates any of the terms and conditions of the abatement agreement and fails
to resolve such violations within sixty (60) days from the date of written notice
of such violations,
Section 8.
ADMINISTRATION
a) The Chief Appraiser of the County shall, as a normal consequence of his duties,
annually determine an assessment of the real and personal property comprising
the reinvestment zone. Each year, the company or individual receiving abatement
shall furnish the assessor with such information as may be necessary for the
abatement, including the number of new or retained employees associated with
the facility. Once the value has been established, the Chief Appraiser shall notify
the affected jurisdictions, which levy taxes, of the amount of the assessment.
b) The agreement shall stipulate that employees and/or designated representatives
of the City will have access to the property during the term of the abatement
agreement to inspect the facility to determine if the company or individual is in
compliance with the terms and conditions of the abatement agreement. All
inspections will be made only after notification of not less than twenty-four (24)
hours and will only be conducted in such manner as not to unreasonably interfere
with the construction and/or operation of the facility. All inspections will be made
with one or more representatives of the company or individuals present and in
accordance with the company's safety standards.
c) Upon completion of construction, the City shall annually evaluate each facility
receiving abatement to ensure compliance with the agreement and report possible
violations to the City Council and City Attorney.
d) All proprietary information required by the City for purposes of monitoring
compliance by a company with the terms and conditions of an abatement
agreement should be considered confidential.
Section 9.
ASSIGNMENT
a) Abatement may be transferred and assigned by the holder to a new owner or
lessee of the same facility upon the approval of the City Council subject to the
financial capacity of the assignee and provided that all conditions and obligations
in the abatement agreement are guaranteed by the execution of a new contractual
agreement with the City of Euless.
b) The expiration date of the new contractual agreement shall not exceed the
termination date of the abatement agreement with the original owner and/or
lessee.
Resolution No. 18-1519, Page 12 of 23
c) No assignment or transfer shall be approved if the parties to the existing
agreement, the new owner or new lessee are liable to the City of Euless or any
affected taxing jurisdiction for outstanding taxes or other obligations.
t
Section 10.
SEVERABILITY AND LIMITATION
In the event that any section, clause, sentence, paragraph or any part of these Guidelines
and Criteria shall, for any reason, be adjudged by any court of competent jurisdiction to
be invalid such invalidity shall not affect, impair, or invalidate the remainder of these
Guidelines and Criteria.
Section 11.
SUNSET PROVISION
a) The "Guidelines and Criteria" are effective upon the date of their adoption and will
remain in force for two years, at which time all reinvestment zones (reinvestment
zone 5 years) and tax abatement contracts created pursuant to its provisions will
be reviewed by the City Council of Euless to determine whether the goals of the
abatement program have been achieved. Based upon that review, the"Guidelines
and Criteria" may be modified, renewed or eliminated.
b) This policy is mutually exclusive of existing Industrial District Contracts and owners
of real property in areas deserving of special attention as agreed by the affected
jurisdictions.
c) Prior to the date of review, as defined above, the "Guidelines and Criteria" may be
modified by a three-fourths (3/4) vote of the City Council, as provided for in the
Texas Property Redevelopment and Tax Abatement Act.
Resolution No. 18-1519, Page 13 of 23
Section 12
TABLE A
TERM AND VALUE OF ABATEMENT SCHEDULE & POLICY
Newly Created Value Maximum Tax Abatement"for up to"
10 years period
$5,000,000 75%
$3,000,000 65%
$2,000,000 - $2,999,999 50%
$1,000,000 - $1,999,999 35%
If more than $5,000,000 in newly created value is generated per year the council may
authorize an additional property tax abatement percentage to any of the amounts listed
above.
Resolution No. 98-1599, Page 14 of 23
Exhibit A
The City of Euless
Tax Abatement Application
About the application...
The Tax Abatement Application provides the City with specific information on the
project. The information requested in the application is designed to address the
criteria developed within the City of Euless Tax Abatement Policy. The information
serves as the basis for fiscal analysis and overall project evaluation. This
evaluation is provided to Council Members and serves as a source document
during City Council deliberations.
The application and the agreement...
Specific information from the application (like value of new investment) is
incorporated into the Abatement Agreement. Since the agreement is a binding
contract it is important that each question on the application be answered in full,
and as realistically as possible. Put simply, the application is part of the process
from start to finish so you will want to make sure you are comfortable with the
contents.
When is the application final...?
The answer to this question is very simple: When you tell us, "It's Final." It is not
uncommon for a property owner(s) to submit numerous applications as drafts for
information and evaluative purpose only. As conversations continue, the property
owner will submit a finalized version of the application that includes all of the
commitments agreed to during the discussions.
What about confidentiality...?
Section 312.003 of the Texas Tax Code makes confidential information provided
to the City as a part of this application that describes the specific processes or
business activities to be conducted or other property to be located on the property
for which tax abatement is sought. Such information may not be subject to public
disclosure until the tax abatement agreement is executed. The City is subject to
disclosing most records and documents upon request under the Public Information
Act. Accordingly, please clearly indicate and mark any proprietary information,
trade secrets or other matters you consider confidential information in your
application.
Resolution No. 18-1519, Page 15 of 23
City of Euless
Tax Abatement and Creation
of Reinvestment Zone
Applications
City of Euless
City Manager's Office
201 N. Ector Drive
Euless, Texas 76039
(817) 685-1420
(817) 685-1416 Fax
Resolution No. 18-1519, Page 16 of 23
r x E c i T r o r City of Euless
EII' S Planning and Economic Development
201 N Ector
Euless,TX 76039
817-685-1684
APPLICATION FOR TAX ABATEMENT
General Information
This Application should be filed with the City Manager's Office, City of Euless, 201 N. Ector
Drive, Euless,Texas 76039-3595. For more information please call (817) 685-1684.
PROPERTY •WNER/APPLICANT INFORMATION
Applicant/Property Owner:
Company Name
Physical mailing address(not a P.O. Box):
Designated Contact Person
Street Suite
City ,State Zip Code -
Office phone( ) Mobile( )
Email FAX phone( )
Agent Applicant(If not one of above):
Physical mailing address (not a P.O. Box):
Designated Contact Person
Street Suite
City State Zip Code
Office phone( ) Mobile( )
Email FAX phone( )
Signatures:
Property Owner Date Agent Applicant Date
The Property Owner(s)must sign the application or provide signatures on separate sheet.
Resolution No. 18-1519, Page 17 of 23
SITE AND PROPERTY INFORMATION
Property Name/Subdivision
Street Address or Legal Desciption
Central Abstract: Survey Name
Brief Description of Project
Current Value:Please attach a copy of latest property tax statement from Tarrant County Appraisal District(include
both Real and Personal Property).
TOTALINCREASED VALUE—ESTIMATE • OF R•
Structures $ Site Development $
Personal Property $ Other Improvements $
Briefly describe these investments (i.e. building square footage, types of Personal Property, type of site
development planned for this location, and other improvements):
For each taxing entity indicate the amount of tax abatement requested.
City $ %for years
County $ %for years
Resolution No. 18-1519, Page 18 of 23
DESCRIPTION OF
Give a brief description of the activities to be performed at this location; including a description of products to be
produced and/or services to be provided:
PROJECT • •
• Estimate percentage of project development and construction dollars to be spent with area based
contractors and sub-contractors
• Construction Employment Estimates:
1. Start (Month/Year):
2. Completion Date(Month/Year):
3. Number of Construction Jobs:
4. Estimate Total Construction Payroll:
• Describe any Off-Site Infrastructure Requirements:
Water:
Sanitary Sewer:
i
Resolution No. 18-1519, Page 19 of 23
PROJECT ! !
Streets:
Drainage
Phone:
Gas:
Electricity:
Other:
Resolution No. 18-1519, Page 20 of 23
JOB CREATION
Types of jobs created(list the job titles and number of positions in each category that will be employed at the facility;
provide average wage for each category.):
USAGEUTILITY ESTIMATE
Estimate annual utility usage for project:
Water $
Sewer $
OTHER
Describe any other direct benefits to the City of Euless as a result of this project (e.g. sales tax revenue, related
project elements.)
ZONING •• + •
Current Zoning of Property
Zoning Required for Proposed Project
ADDITIONAL INFORMATION
Attach a copy of the latest audited financial statement or,in the case of a new project,a business plan.
This Tax Abatement Application is submitted with the acknowledgement that additional certified
financial information may be required.
Resolution No. 18-1519, Page 21 of 23
APPLICATION FOR CREATION OF A REINVESTMENT ZONE
This Application should be filed with the City Manager's Office, City of Euless, 201 N. Ector Drive,
Euless,Texas 76039-3595. For more information please call (817) 685-1684.
PROPERTY OWNER/APPLICANT INFORMATION
Property Owner:
Company Name
Physical mailing address(not a P.O. Box):
Designated Contact Person
Street Suite
City State Zip Code
Office phone Mobile
Email FAX phone
Agent Applicant(if not one of above):
Physical mailing address(not a P.O.Box):
Designated Contact Person
Street Suite
City State------------ Zip Code
office phone Mobile
Email
FAX phone
Signatures:
Property Owner Date Agent Applicant Date
The Property Owner(s)must sign the application or provide signatures on separate sheet.
Resolution No. 18-1519, Page 22 of 23
SITE AND PROPERTY" i• + i
Property Name/Subdivision
Street Address or Legal Desciption
Central Abstract: Survey Name
Brief Description of Project
u
Resolution No. 18-1519, Page 23 of 23
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