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HomeMy WebLinkAbout1932 11-22-2011 ORDINANCE NO. 1932 AN ORDINANCE CREATING EULESS REINVESTMENT ZONE NUMBER 1; MAKING CERTAIN LEGISLATIVE FINDINGS; PROVIDING FOR THE DURATION OF REINVESTMENT ZONE NUMBER 1; ALLOWING TAX ABATEMENT AGREEMENTS TO BE EXECUTED CONCERNING PROPERTY LOCATED WITHIN REINVESTMENT ZONE NUMBER 1; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Council of the City of Euless, Texas, has adopted guidelines and criteria for potential tax abatements within the City of Euless; and WHEREAS, the City Council of Euless has conducted a public hearing on the creation of Euless Reinvestment Zone Number 1; and WHEREAS, proper notice of such public hearing was published in a newspaper of general circulation in the City at least seven (7) days before the date of said public hearing, as required by law; and WHEREAS, written notice of the public hearing was delivered to the presiding officer of each other taxing unit with jurisdiction over the property contained in Reinvestment Zone Number 1, at least seven (7) days prior to the public hearing thereon as required by law; and WHEREAS, at such public hearing, after hearing all public comments for and against the creation of Euless Reinvestment Zone Number 1, the Euless City Council found that the improvements sought within said reinvestment zone are feasible and would be of benefit to the zone after the expiration of any tax abatement agreement concerning such improvements, and further found that the Euless Reinvestment Zone Number 1 meets one of the legal criteria for reinvestment zones; to wit, the retention or expansion of primary employment and the attraction of major investment to the area that would be a benefit to the property contained within the zone and that would contribute to the economic development of the City of Euless, and WHEREAS, based on the information available to it, together with input received at such public hearing, the City Council of the City of Euless, Texas, desires by the terms of this ordinance to create Euless Reinvestment Zone Number 1 on the property described on Exhibit "A" attached hereto and incorporated herein for all purposes. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF EULESS, TEXAS: SECTION 1 The property described on Exhibit "A" attached hereto and incorporated herein by reference for all purposes be hereby designated Euless Reinvestment Zone Number 1, under the provisions of Chapter 312 of the Texas Tax Code. Such reinvestment zone shall continue to exist for a period of five (5) years from the effective date of this ordinance, and may be renewed for successive five-year periods by future action of the Euless City Council. The City shall be hereby authorized to enter into tax abatement agreements with the owners of taxable real property or leasehold interests in tax- exempt real property located within the Euless Reinvestment Zone Number 1, subject to compliance with all legal requirements therefor, but shall not be obligated to enter into any such agreement. Properties within the zone shall be eligible for commercial- industrial tax abatement in accordance with the City's adopted guidelines and criteria. SECTION 2 The Euless City Council hereby finds that the improvements sought within the zone are feasible and practical and would be a benefit to the land to be included within the zone and to the City of Euless after the expiration of any tax abatement agreement concerning property located within the reinvestment zone. The City Council also finds that the Euless Reinvestment Zone Number 1 meets the applicable criteria for reinvestment zones, in that such property is reasonably likely as a result of the designation as Reinvestment Zone Number 1 to contribute to the retention or expansion of primary employment and to attract major investment in the zone that will be a benefit to the property and that will contribute to the economic development of the City of Euless. SECTION 3 SEVERABILITY CLAUSE. 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 invalid or unconstitutional by the valid judgment or decree of any court of competent jurisdiction, such invalidity or unconstitutionality shall not affect any of the remaining phrases, clauses, sentences, paragraphs, or sections of this ordinance, since the same would have been enacted by the City Council without the incorporation in this ordinance of any such invalid or unconstitutional phrase, clause, sentence, paragraph or section. SECTION 4 EFFECTIVE DATE. This ordinance shall be in full force and effect from and after its passage, as provided by the Euless City Charter and the laws of the State of Texas. Ordinance No. 1932, Page 2 of 4 PRESENTED AND APPROVED ON FIRST AND FINAL READING at a regular meeting of the Euless City Council on the 22nd day of November, 2011, by a vote of 5 ayes, 1 nays, and 0 abstentions. APPROVED: Mary Lib S1leh, Mayor ATTEST: im .utter, T'MC, City Secretary APPROVED AS TO FORM: tJ/e- Wayne K. Olson, City Attorney Ordinance No. 1932, Page 3 of 4 Cool e'9p Exhibit "A" ``e, N XI a Went SMR cleew", Tow Tem, ra S1f�ea�a�l.nR� 47yD cN 141FBAt'� PROPWIY OESCIUMN Belny II of that csrlain tract or parcel of IoM remained In the .WEN Y. OOWNEN Affiti o.k.a. AN. DO'N'NING SURVEY. IBSTMCT N0. 415. City of Eulem, TarmrR County. Tmoe, and Ming a pwfion of tIM certain wlbd 5.390 More beat of Rand Imawmea q Danes N. mimeo rnretae b Naa Tloyha, I1C. M red warrenry Deed Moon vendor trn r«ardsd m moral No. D210279006, a ted What Pubkc Records W Tarant County, Tem., ant hely man partkuloM dwcrbd by room and bounds ore to.: BEGINNING at a copped (..,dPmml 1/2 inch icon roa found on an watery right-ol-eq Moe of Dsao Dr., sell ;inn rod found for Me mast wslely nxlheae[ comer W mid 5.393 acro tact of land, and saw Iron rad found being tln wuNReN miner a tat 13, Blink 21 of MkvMod Terrace North, let Filly, an match to Me City of Euless emerging b ted plot roc me in Volume 390-31, as, 73 of Me Part summer of Tamm County, Tesas; THENCE almg Me mmman lines bN— said 5.393 More beat and Mold Black 21, of Oakwood rrace TeMonth. tel 'Him, the Modern, coulee ant dirtoww: South 09 diegreee ST minutes 57 wwMe EaeG Mwly had right-af-sq and hang a common line of mid Lot 13 and mid 5.393 am boat a distance d 119.]2 feet b a 3/8 inch ;ran rod hand lar an imat all coma of ww 5.]9] acre Me t, ane mid icoroinLa icon had fauna mind Me mtem t came, of .old , 13; North W diagram M minutm 20 second. EaR. a audience of 249.02 rem, to a 1/2 Inch inch rod team fa Me mint mlhely noM1hmet caner of said 5.393 ore, am mid inch rod found for Me common tamer of Lor 10 am tot 0: South B9 dagreee 24 minuW ]T wmnde Eae4 a diNance M 513.6 fast, b a ml9m (abmPm 'Plsm� 1/2 into iron rag famtl fan Me .9 nalMly northwest corner of mid 5.393 dere batt, mid Van and ta found ng Mma W e wu-rd coal 1, and Mow 'eon rod fmm bei" w a smlerly line of Treat 8, Common Mm: MENCE South M degree. W minute. 32 ...de West a di him. o1 156.74 leer. b a 1/2 i. iron red found for a common comer of must 5.393 acre lad a Mnd and of wk Tract B: MENCE NMh 68 dryron 52 m urtas 26 seconds EaN, a" ala nelFsastely has df wk 5293 dere tract, a distance of 9.0 fest b a caramel (dampen'Pesm7 ro 1/2 Inch Iron e found fa an eulmt comer of mid 5.]9] xre tract df law: MENCE South W diagram 47 minutes 39 mmnds Ead, along an mslaly line of Mold 5.393 ace bade. a differences of 150.49 fad. M a wPpee (dammed 1RPI 39"') 1/2 inch ban rod found tar Me mulhemt coma M sold 5.393 More tract. wN ince red found Win, an a nam—m M l9M-of-my Ine of State Maredy No. Its 111ME South 66 degree 39 mina as 29 no. Wert, mad a wuMerommy Ane of said 5.393 caro tract, and alms a "MsmI right -of -say line of Stale Hi9hwoy No. 10, at 0 dwla.e of 14.08 feet. gaming . capped (aampM 'RP 390-)1/2 Inch Iran mal found, and cortouing M as, a ala ems, of 63.46 me. W e 1/2 inch bon ma fount for an moral, er of sand 5.]93 acro Wal of I... said Inch red /Mom fa Me esu". coma a that cabin bad of hand conveyed b Susan G. NwMia pn. dbe In The Wind. by the dad rano m in Volume 1401& Page 46], of Me Dwe Records a Tarrant County, Toms: THENCE along Me common Inas Www said 5.393 Dae tract am mid In Me Wend tract Me fdbsing courses and "d"w: MENCE NOM at degrees 55 minutm 0 emend. Wed, a diefil. M 07.73 feet to 0 1/2 inch in diameter pipe bund fa a common comer W. said Wca; THENCE Netto 09 dagnws ]] minutes 46 mines Wal a die.. of 157.55 fed b a 5/8 In. 1. me ram fa a common comer bdseen mid tmcb; 111ME South 69 Me— 10 admim fS mmndr E... ala" 0 ..t Ila a the hu n dmaiMe bad a bntl, a damn" of 193.64 fest to a capped (stomped W14I 56147 1/2 inch iron roe set faran What all comer of tin Main d.::.d treat of Rand: If, , South W eegroes 02 mint. 03 semed. Wed, aha" an worm, line a Me herein dacnLd bad, a di.tw" of 17.54 fad, b a aepad (damped RPLS 58147 1/2 inch Iran rid sat for an a"le p ll and a tamer a the anin dm.l6ad tree of hand: MFNM South 41 degree. N mwum 13 stands WM. along a wuNw y line a ted Mom dealMd at. . d;dana. a 62.14 fad, m a copped (.tamp. W 56147 1/2 Inch 1. roe .d far an .yle Point and a coma of M. heroin de elbe l tinct of no; TIENCE South N degree 57 minutm 57 smwiM East ala" 0 mdn.y line of Me humin deeMOad frac. a distance of 190.39 feet, to a "pmed (damp. API.S 561e) 1/2 Inch Icon rad eM la the most veslsly muthwad comm of Me Mnln dernmead tract law Iron rod set or, a motors, line of said S.N3 acre tract, am mid inch red ed on an mentally lgM-a-my 9n. of N. Dr.: THENCE North W degrees 28 mmube 48 record. East, along a mately line M mid 5.393 am tract, and along an meta,, rent -a -sly line a Dob. Co, a disom.. 0f 63.07 lad, to Me POW OF BEGINNING and containing 3.3510 acres of Is. mare or tem. as .umyea by Suffe. Crwk Surveyor, LLC, Jae Oohs 8.11, "1 No. 5614. Jeb m )4911 Ordinance No. 1932, Page 4 of 4 INVOICE Star-Telegram Customer ID: CITO9 400 W. 7TH STREET Invoice Number: 319001171 FORT WORTH,TX 76102 (817)390-7761 Invoice Date: 11/26/2011 Federal Tax ID 26-2674582 Terms: Net due in 21 days Due Date: 11/30/2011 Bill To: PO Number: CITY OF EULESS ACCOUNTS PAYABL 201 N ECTOR DR Order Number: 31900117 EULESS, TX 76039-3543 Sales Rep: 073 Description: CITY OF EULESS 0 Attn: ACCOUNTS . PAYABLE Publication Dates:11/25/2011 - 11/26/201 `'.7-c�pp P" FT� �. '"; -747...;,7.-7,11-7'.'717 �ry i ��{� J� nz j(/��j a v. , ,�ye..c. r >>, i.. y1*gym ! ,,, .y. l 1 4 1 Dept t Lina!G:'4 k�ISu'(.s" }a atei Amount:az`' CITY OF EULESS Legal Notices CIT ORDINANCE NO.1932 AN ORDINANCE CREATING EULESS 1 32 32 LINE $3.11 $198.92 REINVESTMENT ZONE NUMBER L Council on,the 22nd day of No- MAKING CERTAIN LEGISLATIVE 1 nays,2011,by a vote of 5 ayes, Sales FINDINGS; PROVIDING FOR THE 1 nays,and 0 abstentions. DURATION OF REINVESTMENT APPROVED: ($186.72) ZONE NUMBER 1,ALLOWING TAX /s/Mary Lib Saleh, Mayor ABATEMENT AGREEMENTS TO BE ATTEST: Misc EXECUTED CONCERNING PROP- /s Kim Sutter TRMC,City Secretary ERTY LOCATED WITHIN REIN- A�PROVED AS TO FORM: $10.00 VESTMENT ZONE NUMBER L /s/Wayne K.Olson,City Attorney PROVIDING A SEVERABILI CLAUSE; AND PROVIDING AN EFFECTIVE DATE. EFFECTIVE DATE. This ordinance Net Amount: $22.20 shall be in full force and effect ``����1111HIlllp/j���' from and after its passage, as provided by the Euless City Charter ��� A 4 0 �/�� and the laws of the State of Texas. ........ �j PRESENTED AND APPROVED ON � '�•`( P(le '• FIRST AND FINAL READING at a $Q;2 Y• ' ‘/�• = regular meeting of the Euless City S V• O e9 9 RC1�I � /• : _ iCO22011 :.'frEotl,: CI I Y OF EULESS ��i 07-31'N �� THE STATE OF TEXAS FINANCE DEPT. �In/nullito o�� County of Tarrant Before me,a Notary Public in and for said County and State,this day personally appeared Deborah Baylor Norwood,Bid and Legal Coordinator for the Star-Telegram,published by the Star-Telegram, Inc.at Fort Worth,in Tarrant County,Texas;and who,after being duly sworn,did depose and say that the attached clipping of an advertisement was publish- he above named paper on the listed dates:BIDS&LEGAL DEPT. STAR TELEGRAM (817)215-2323 Signed lab \ ,flikl■ ' ‘_ .s..zne&SUBSCRIBED AND SWORN TO BEFORE ME,THIS Sunday,Nove •er 7, /111. 11. Notary Public i 47 b3g/aga.44._ Thank You For Your Payment Remit To: Star-Telegram Customer ID: CITO9 P.O. BOX 901051 Customer Name: CITY OF EULESS ACCOUN FORT WORTH, TX 76101-2051 Invoice Number: 319001171 Invoice Amount: $22.20 PO Number: Amount Enclosed: $ , a , 1