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HomeMy WebLinkAboutPR 12031:NEIGHBORHOOD EMP. ZONEINTEROFFICE MEMORANDUM TO: FROM: SUBJECT: DATE: STEVE FITZGIBBONS, CITY MANAGER DALE L. WATSON, DIRECTOR OF PLANNING ~e~ ~) P.R. NO. 12031 NEIGHBORHOOD EMPOWERMENT ZONE 12/12/02 RECOMMENDATION: I recommend that Proposed Resolution No. 12031 be approved. This Resolution creates a Neighborhood Empowerment Zone in the area of Hwy. 365 and Hwy. 69. An Exhibit "A" will be presented at the meeting. BACKGROUND: It is necessary to create the Neighborhood Empowerment Zone in order to provide the incentives necessary for Target to locate a store at Central Mall. The Neighborhood Empowerment Zone provides the authority for a municipality to enter into an agreement with a business for a period not exceeding 10 years. BUDGETARY/FISCAL EFFECT: Creation of the zone itself has no effect. Any agreement committing incentives to a potential business would have to be acted on individually by the City Council. STAFFING/EMPLOYEE EFFECT: None SUMMARY: I recommend that Proposed Resolution No. 12031, creating a Neighborhood Empowerment Zone, be approved. RESOLUTION NO. A RESOLUTION ESTABLISHING P.R. No. 12031 12/12/02 DLW A NEIGHBORHOOD EMPOWERMENT ZONE UNDER CHAPTER 378 OF THE LOCAL GOVERNMENT CODE WHEREAS, the City is authorized under Chapter 378 (Neighborhood Empowerment Zone) of the Local Government Code to create a Neighborhood Empowerment Zone if the city determines that the zone would promote (1) the creation of affordable housing, (2) an increase in economic development, (3) an increase in the quality of social services, education, or public safety provided to residents in the zone, or (4) the rehabilitation of affordable housing in the zone; and, WHEREAS, the City must make certain determinations pertaining to such zone; now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PORT ARTHUR: THAT the City Council of the City of Port Arthur does hereby find and make determinations as follows: 1. That the creation of the zone would promote an increase in economic development in the zone. 2. That the creation of the zone benefits and is for the purpose of increasing the public health, safety and welfare of the persons in the municipality. 3. That the creation of the zone satisfies the requirements of Section 312.202, Tax Code in that it will likely contribute to the retention or expansion of primary employment or attract major investment in the zone that would be a benefit to the property and that would contribute to the economic development of the city. THAT the boundaries of the Port Arthur Neighborhood Empowerment Zone shall be as shown in Exhibit "A". THAT a copy of the caption of this Resolution be spread upon the Minutes of the City Council. P.R. 12031 12/12/02 Page 2 of 2 READ, ADOPTED AND APPROVED this day of December, A.D., 2002, at a Regular Meeting of the City Council of the City of Port Arthur, Texas, by the following vote: AVES: MAYOR COUNCILMEMBERS: NOES: ATTEST: City Secreta~~ APPROVED AS TO FORM: City Attorney APPROVED FOR ADMINISTRATION: Mayor City Manager Director of Planning