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HomeMy WebLinkAboutPUBLIC HEARING FOR PROPOSITION NO.1 AND PROPOSITION NO. 2 DELORIS"BOBBIE"PRINCE,MAYOR - energ. BRIAN McDOUGAL KAPRINA FRANK,MAYOR PRO TEM City of - (-r^ 4 CITY MANAGER COUNCIL MEMBERS: I �, SHERRI BELLARD,TRMC RAYMOND SCOTT,JR. —^ CITY SECRETARY TIFFANY L.HAMILTON ort r t h u r MORRIS ALBRIGHT VAL TIZENO STEPHEN A.MOSELY Tcr_tcl.s CITY ATTORNEY WILLIE"BAE"LEWIS,JR. OSMAN SWATI CHARLOTTE MOSES NOTICE OF A PUBLIC HEARING OF THE CITY COUNCIL OF THE CITY OF PORT ARTHUR Notice is hereby given in accordance with 504.153 of the Texas Local Government Code (formerly article 5190.6, Vernon's Texas Code Annotated) that The City Council of the City of Port Arthur will hold a Public Hearing, Tuesday April 19, 2016 at 9:00 a.m. in the Port Arthur City Hall Council Chamber, 444 4th Street, to inform the municipality's residents of the cost and impact of the project or category of projects listed below: Proposition No. 1: For the next four (4) years, commencing October 1, 2016, shall the City of Port Arthur authorize the adoption a local sales and use tax in the City of Port Arthur at a rate of 1/8 percent to provide revenue for maintenance and repair of municipal streets by reducing the existing Section 4A (Type A Economic Development Corporation) Sales and Use Tax (1/2 percent) by 1/8 to facilitate this purpose and for the retention of the remaining 3/8 percent to continue to be utilized for the Section 4A (Type A Economic Development Corporation) Sales and Use Tax? Proposition No. 2: For the next three (3) years, commencing on October 1, 2016 and extending until September 30, 2019, the existing Section 4A (Type A Economic Development Corporation) Sales and Use Tax within the City of Port Arthur shall be utilized for the cost of land, buildings, equipment, facilities, and improvements found by the City of Port Arthur Section 4A Economic Development Corporation Board of Directors to be required or suitable for the promotion of development and expansion of affordable housing, as described by 42 U.S.C. 12745, with a project area bounded by Atlanta Street on the west, 8th Street on the north, Nashville Street on the east and 5th Street on the south within the City of Port Arthur, Texas, which is a category of projects under Section 505.153 of the Local Government Code (Type B Economic Development Corporation), with the condition it will be limited to single family dwellings and the total annual spending by the City of Port Arthur Section 4A Economic Development Corporation will not exceed $300,000. Said period of time can be extended an additional three (3) years by the City Council by a two-thirds (2/3) vote of the City Council after reviewing public comment on the proposed cost and impact of the project. (nk2kci,(37... Kelly oore Assistant ' Secretary Publication Date: March 19, 2016 March 26, 2016 April 2, 2016 April 16, 2016