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HomeMy WebLinkAboutPR 14138:PUBLIC HEARING/PROP. 9interoffice MEMORANDUM To: Mayor, City Council, and City Manager From: Mark T. Sokolow, City Attorney ~ ~ Date: July 12, 2007 Subject: P. R. No. 14138; Council Meeting of June 19, 2007 Attached is P. R. No. 14138 calling for a public hearing to be set for August 19, 2007 as to receive input on the continued use of Section 4A Sales and Use Tax within the City as to promote or develop new or expanded business that create or retain primary jobs, including a project to provide demolition of existing structures. The funds were approved at the May 13, 2006 Election by Proposition 9. The funds were approved for a two year period. The total funds for Section 4B projects could not exceed $500,000 per year. Said period of time can be extended an additional two years by the City Council by a h vote of the City Council after receiving public comment of the proposed cost and impact of the projects. Therefore, the existing funding will end in May 2008 and could have an impact on the budget for the Fiscal Year from October 1, 2007 to September 30, 2008. Therefore, I would recommend a public hearing be held and that this matter be considered prior to October 1, 2007. MTS:ts Attachment CC: Albert Thigpen, Lawrence Baker, Floyd Batiste, Interim Director of Parks & Recreation Director of Community Services CEO EDC z.pr14130.memo P. R. No. 14138 07/12/07 gt RESOLUTION NO. A RESOLUTION CALLING FOR A PUBLIC HEARING AS TO RECEIVE INPUT ON THE CONTINUED USE OF SECTION 4A SALES AND USE TAX WITHIN THE CITY OF PORT ARTHUR TO PROMOTE OR DEVELOP NEW OR EXPANDED BUSINESS THAT CREATE OR RETAIN PRIMARY JOBS, INCLUDING A PROJECT TO PROVIDE DEMOLITION OF EXISTING STRUCTURES (PROPOSITION 9) WHEREAS, at the May 13, 2006 Election, the voters approved Proposition 9, as described in Exhibit "A" attached hereto, which stated that for the next two (2) years, the existing Section 4A sales and use tax within the City of Port Arthur will be utilized to promote or develop new or expanded business that create or retain primary jobs, including a project to provide demolition of existing structures, which is a category of projects under Section 4B of Article 5190.6 Vernon's Texas Code Statutes, with the condition that total annual spending on all Section 4B projects by the City of Port Arthur Section 4A Economic Development Corporation will not exceed $500,000 per year; and WHEREAS, said Proposition 9 also stated that said period of time can be extended an additional two years by the City Council by. a 2/3 vote of the City Council after receiving public comment of the proposed cost and impact of the projects; and WHEREAS, it is deemed in the best interest of the citizens to call for a public hearing as to the continued use for an additional z.pr14138 two years of Section 4A sales and use tax within the City of Port Arthur being utilized to promote or develop new or expanded business that create or retain primary jobs, provide demolition of existing structures, projects Statutes, Section 4A Economic Development Corporation will not $500,000 per year until May 13, 2010. including a project to which is a category of under Section 4B of Article 5190.6 Vernon's Texas Code with the condition that total annual spending on all exceed OF PORT ARTHUR, Section 1. true and correct. Section 2. day of August, Section 3. That a be spread upon the Minutes NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY TEXAS: That the facts and opinions in the preamble are That a public hearing will be held on the 28 2007, at 7:00 p.m. copy of the caption of this Resolution of the City Council. READ, ADOPTED AND APPROVED on this __ day of , A.D., 2007, at a Meeting of the City Council of the City of Port Arthur, Texas, by the following vote: AYES: Mayor ' Councilmembers ' NOES: z.pr14138 ATTEST: MAYOR CITY SECRETARY APPROVED AS TO FORM: CITY ATTORNEY APPROVED FOR ADMINISTRATION: CITY MANAGER z.pr14138 EXHIBIT "A" VOTE BOTH SIDES (VOTE AMBOS LADOS) +