HomeMy WebLinkAboutPR 22740: TIRZ P. R. No. 22740
08/09/22 ht
RESOLUTION NO.
A RESOLUTION CALLING FOR A PUBLIC HEARING TO
ENLARGE THE BOUNDARIES OF EXISTING DOWNTOWN
TAX INCREMENT REINVESTMENT ZONE NO. 1 IN THE
CITY OF PORT ARTHUR, TEXAS
WHEREAS, pursuant to Ordinance No. 12-75, adopted by the City Council of the City of
Port Arthur,Texas(the"City")on November 9,2012,the City created Tax Increment Reinvestment
Zone Number One, TIRZ No. 1 (Downtown TIF), City of Port Arthur, Texas as authorized by the
Tax Increment Financing Act, Chapter 311 of the Texas Tax Code(Downtown TIF)(the"TIRZ No.
1 (Downtown TIF)"); and
WHEREAS,pursuant to Ordinance No. 13-10, adopted by the City on March 6, 2013,the
City adopted the Final Project Plan and Reinvestment Zone Financing Plan for the Port Arthur
Downtown Reinvestment Zone#1, an Area designated as a Reinvestment Zone for Tax Increment
Financing Purposes; and
WHEREAS,pursuant to Ordinance No. 15-55, adopted by the City on December 8,2015,
and Section 311.007 of the Texas Tax Code (the "Tax Code"), the City Council reduced the
boundaries of an existing reinvestment TIRZ No. 1 (Downtown TIF), subject to the limitations
provided by Section 311.006 of the Tax Code; and
WHEREAS, pursuant to Ordinance No. 19-18, the City amended the Project Plan and
Financing Plan for the Downtown Tax Increment Reinvestment Zone TIRZ#1; and
WHEREAS, Section 311.007 of the Texas Tax Code (the "Tax Code") allows the City
Council to reduce or enlarge the boundaries of an existing reinvestment TIRZ No. 1 (Downtown
TIF) by ordinance or resolution, subject to the limitations provided by Section 311.006 of the Tax
Code: and
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WHEREAS,Section 311.007 of the Tax Code provides that the City Council may enlarge an
existing reinvestment zone to include an area described in a petition requesting that the area be
included in the zone if the petition is submitted to the City Council by the owners of property
constituting at least 50 percent of the appraised value of the property in the area according to the
most recent certified appraisal roll for the county; and
WHEREAS,the City Council has received a petition by the owners of property constituting
at least 50 percent of the appraised value of the property in the area according to the most recent
certified County appraisal roll for the county requesting that the area be included in the zone: and
WHEREAS, Section 311.011(e) provides that if an amendment reduces or increases the
geographic area of the zone,a public hearing is required to satisfy Sections 311.003 (c)and(d);and
WHEREAS,not later than the seventh day before the date of the public hearing,notice of the
public hearing on increasing the geographic area of the zone will be published in a newspaper having
general circulation in the City; and
WHEREAS the City Council will hold a public hearing on increasing the geographic area of
the zone and its benefits to the City and to property in the proposed zone; and.
WHEREAS,at the public hearing interested persons will be allowed to speak for or against
increasing the geographic area of the zone, or the concept of tax increment financing.
NOW THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF PORT ARTHUR,TEXAS:
Section 1. That the facts and opinions in the preamble are true and correct.
Section 2. That a public hearing is hereby scheduled for August 30,2022 at 6:00 P.M.to
receive public comments regarding the amendment to expand the existing boundaries of the
Downtown Tax Increment Reinvestment Zone#1.
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Section 3. That a copy of the caption of this Resolution be spread upon the Minutes of
the City Council.
READ, ADOPTED AND APPROVED on this day of August, A.D., 2022, at a
Meeting of the City Council of the City of Port Arthur, Texas, by the following vote: AYES:
Mayor:
Councilmembers: ,
NOES: .
Thurman Bill Bartie,
MAYOR
ATTEST:
Sherri Bellard,
CITY SECRETARY
APPROVED AS TO FORM:
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Valecia Tize o, 1
CITY ATTORNEY
APPROVED FOR ADMINISTRATION:
Ronald Burton,
CITY MANAGER
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