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HomeMy WebLinkAbout(2) PR 23158: APPLICATION FOR CHAPTER 380 PROGRAMS AND OTHE RELATED INCENTIVES P.R. No. 23158 05/10/2023 gt RESOLUTION NO. A RESOLUTION APPROVING THE CITY OF PORT ARTHUR'S APPLICATION FOR CHAPTER 380 PROGRAMS AND OTHER RELATED INCENTIVES WHEREAS, pursuant to Chapter 380 of the Texas Local Government Code, the governing body of a municipality may establish and provide for the administration of one or more programs, including programs for making loans and grants of public money and providing personnel and services to the municipality, to promote state or local economic development and to stimulate business and commercial activity in the municipality; and WHEREAS, there is a need to have a standard application for Chapter 380 programs and other related incentives, attached hereto as Exhibit "A". NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PORT ARTHUR: Section 1. That the facts and opinions in the preamble are true and correct. Section 2. That the City Council hereby approves the Application for Chapter 380 Programs and other related incentives, in substantially the same form as attached hereto as Exhibit "A". Section 3. That a copy of the caption of this Resolution be spread upon the Minutes of the City Council. READ, ADOPTED, AND APPROVED this the day of May, A.D. 2023 at a meeting of the City of Port Arthur, Texas by the following vote: Ayes: Mayor: Councilmembers: NOES: Thurman Bartle, Mayor ATTEST: Sherri Bellard, City Secretary APPROVED AS TO FORM: //7e_ve 6 Valecia R. zeno, C Attorney APPROVED FOR ADMINISTRATION: Ron Burton, City Manager EXHIBIT "A" § '''''.;1 , N¢Y _ { T E lit: ' # 1 1* r: tie tom. il: 1 -I 1 ; I'IC;,. . - ! I 4141 ‘Lit CITY OF APPLICATION FOR PORT CHAPTER 380 PROGRAMS AND ARTHUR OTHER RELATED INCENTIVES A completed original of this application, including supporting documentation must be submitted to the City Manager at 444 4th St, Port Arthur, TX 77640. This application will become part of the cirv°r agreement records and any knowingly false representations will be or rt rthu _ grounds for terminating the application and/or voiding the agreement. 1 Application Check List m J A complete application form signed by the property owner. A list of all properties owned by the applicant, owner, developer, associates,principals,partners, and agents in the City of Port Arthur. Non-refundable Application Fee—For all Basic Incentives application excluding Tax Abatement the application fee is $25.00. For multi-family, commercial, industrial, community facilities and mixed-used development projects: one-half of one percent(0.5%) of the total Capital Investment of the project, with a$150.00 minimum not to exceed $1,000; For residential tax abatement applications: $100 per house. Proof of ownership, such as a warranty deed, affidavit of heirship, or a probated will OR evidence of site control, such as option to buy(A registered warranty deed is required for tax abatement application). Title abstract of the property (only if applying for release of City Liens). A reduced 11 x 17 floor plan, site plan, and site elevation with a written detailed project description that includes a construction time line. A detailed line item budget showing the cost breakdown for the project. Copy of Incorporation Papers noting all principals,partners, and agents if applicable. INCOMPLETE APPLICATIONS WILL NOT BE PROCESSED FOR CERTIFICATION UNTIL ALL REQUIRED DOCUMENTS SHOWN IN THE ABOVE CHECKLIST ARE SUBMITTED WITHIN 30 DAYS OF THE DATE OF APPLICATION. YOU MUST APPLY FOR TAX ABATEMENT BEFORE ANY BUILDING PERMITS ARE ISSUED FOR YOUR PROPERTY AND BEFORE ANY IMPROVEMENTS ARE MADE TO YOUR PROPERTY.IT TAKES 60 TO 90 DAYS TO COMPLETE THE TAX ABATEMENT AGREEMENT APPROVAL PROCESS AFTER THE ISSUANCE OF CERTIFICATION DEPENDING ON THE COMPLEXITY OF YOUR PROJECT.ALL BUILDING PERMITS MUST BE PULLED WITHIN THE 12 MONTH PERIOD THAT CERTIFICATION WAS APPROVED,OR WITHIN THE 12 MONTH PERIOD THAT THE TAX ABATEMENT WAS APPROVED,OR YOU WILL BE REQUIRED TO RE-APPLY. 2 Table of Contents Application Check List 2 INCENTIVE TYPES (What are you seeking): 4 APPLICANT INFORMATION: 4 COMPANY INFORMATION: 5 Business Structure 6 Business Origin 6 Industry Code 6 Industry Cluster 6 PROJECT BACKGROUND 7 Tax Information 7 Project Type: 7 Development Information 7 Liens Waivers 8 Expected Timetable 9 FINANCIAL PRO FORMA 10 LETTERS OF SUPPORT 10 PROJECT TYPE & APPLICATION FEE 10 VALUE ALIGNMENT 10 Employment & Cost Information 10 For Commercial & Industrial Projects: 11 For Residential & Retail Projects: 12 Company Representative authorized for contact: 13 Authorized Company Official: 13 3 INCENTIVE TYPES (What are you seeking): ❑Building Fee Waiver ❑Expedited Permit Review 0 Lien Waivers ❑Tax Abatement APPLICANT INFORMATION: Applicant Name: Physical Address: (State) (Zip) (Street Address) (City) Mailing Address: (Street Address) (City) (State) (Zip) Primary No: Fax No: Other No: (Cell, etc.) Email Address: Authorized Agent(if applicable): Physical Address: (Street Address) (City) (State) (Zip) Mailing Address: (Street Address) (City) (State) (Zip) Primary No: Fax No: Other No: (Cell, etc.) 4 COMPANY INFORMATION: Company Legal Name: Federal Tax ID#: Phone Number: State of Incorporation: Years in Port Arthur: Annual Sales: * $ Total Employees: Port Arthur: Texas: United States: *Provide a copy of the most recent annual report or audited financial statements;If company is a start-up provide documents of incorporation. Corporate Address: (Street Address) (City) (State) (Zip) Local Address: (Street Address) (City) (State) (Zip) Website: Email Address: Designated Contact Person: 5 Business Structure ❑Privately Held Corporation ❑Publicly Held Corporation ❑Limited Liability Corporation ❑Sole Proprietorship El Partnership El Limited Partnership Business Origin ❑New Business or Start-Up ❑Opening New Location ❑Relocation from Within State ❑Relocation from Out of State ❑Expansion of Previous Location Industry Code North American Industry Classification (NAICS): Industry Cluster ❑Biotechnology and Life Science, not including medical services ❑Advanced Technologies and Manufacturing, including four sub-clusters: Nanotechnology and Materials; Micro-electromechanical Systems; Semiconductor Manufacturing; Automotive Manufacturing ❑Petroleum Refining and Chemical Products ❑Energy, including three sub-clusters: Oil and Gas Production; Power Generation and Transmission; Manufactured Energy Systems ❑Aerospace, Aviation and Defense ❑Information and Computer Technology, including three sub-clusters: Communications Equipment; Computing Equipment and Semiconductors; Information Technology ❑Other: 6 L.__ PROJECT BACKGROUND Tax Information Is this Business current with all taxes? Does the proposed project conform to City of Port Arthur Zoning? OYES ❑YES ENO NO Has the company benefited or applied for any federal, state, or local incentives for this project including but not limited to tax abatements? OYES ONO If yes please attach appropriate documentation that formally explains the total benefit of incentives. Project Type: ❑Single Family or Duplex ❑Non-Residential/Heavy Commercial ❑Multi-Family =.. ❑Industrial ❑Non-Residential/Light Commercial El Planned Development District ❑Mixed-Use Development Information Project Location: (Street Address) (City) (State) (Zip) Legal Description(Lot/Block/Subdivision): 7 Project Description: Attach an environmental impact study if land is undeveloped or previously served a facility that may have contaminated the land. (On a separate sheet) If the project is a Commercial (Light/Heavy), Industrial, Planned Development, or Mixed-Use project, please describe the type(s) of business(es) that is/are being proposed: Is this a new construction or improvement to existing project? ❑New Construction ❑Improvement to existing project Total square footage of improvement/project: sq. ft. Infrastructure Improvements? O YES ONO Please describe: Liens Waivers Are you requesting City Liens to be released? O YES LINO 8 Please Describe: Expected Timetable Project Cost(estimated): $ Project Construction Begins Project Construction Ends Project Operations Begin Project Becomes Fully Operational Estimated Appraised Value on Site Land Improvements Total Value on January 1 preceding abatement $ $ $ Estimated value of new abatable investment: $ $ $ Building Estimated value of new abatable fixed and in $ $ $ place machinery and equipment Estimated value not subject to abatement $ $ $ (e.g inventory) Estimated value of property subject to ad $ $ $ valorem tax at end of abatement 9 FINANCIAL PRO FORMA Is the Financial Pro Forma template completed and attached, including a"but for" scenario? OYES ENO LETTERS OF SUPPORT Did this potential development receive letters of support from community groups? DYES ONO (If yes,please provide letters of support.) PROJECT TYPE & APPLICATION FEE This project is applying for: 111380 Agreement ($500 fee) ❑Tax Abatement ($1,000 fee) VALUE ALIGNMENT Employment & Cost Information Current Employment: Employment after project completion: Employment 3 years after project completion: How many new, temporary and part-time jobs will be created in Port Arthur? New: Temporary: Part-time: 10 What type of jobs will be created? What will be the total project's annual payroll of the newly created jobs? $ Will specialized training be required? OYES ONO If yes, what type(s) of training: Is there an anticipated cost to the City of Port Arthur for providing municipal services to the proposed project? OYES ENO 414,1 For Commercial & Industrial Projects: Will this project increase the quality of life for Port Arthur residents beyond market measures? 41. OYES ONO If yes please explain: ' 11 Will the company volunteer additional time or resources to underserved residents? OYES ONO If yes please explain: Would the company like to learn about the City of Port Arthur non-profit partners? OYES ONO For Residential & Retail Projects: Will the project develop housing that increases housing diversity(e.g. develop affordable housing in an affluent area or develop affluent housing in an underdeveloped area)? EYES NO If yes please explain: Will the project increase the,quality of life for Port Arthur residents, or create a community benefit(internship, job training,reentry training/placement, etc.)? OYES LINO If yes please explain: 12 Company Representative authorized for contact: Print Name: Title: Contact Telephone: Email: To the best of my knowledge,the information included and attached is true and correct in this application, as evidenced by my signature below. Authorized Company Official: Signature: Print Name: Title: Contact Telephone: Email: etn Application Date: 13