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Home My WebLink AboutPR 18924: CALLING A PUBLIC HEARING TO CONSIDER THE DESIGNATION OF A REINVESTMENT ZONE FOR THE DOWNTOWN/LAMAR STATE COLLEGE AREA P. R. No. 18924 06/24/15 gt RESOLUTION NO. A RESOLUTION CALLING A PUBLIC HEARING TO CONSIDER THE DESIGNATION OF A REINVESTMENT ZONE FOR THE DOWNTOWN/LAMAR STATE COLLEGE AREA PURSUANT TO CHAPTER 312 .201 OF THE TEXAS TAX CODE . WHEREAS, the City of Port Arthur will consider entering into tax abatement agreement for the purpose of construction of a dormitory in the downtown area on property owned by Lamar State College; and WHEREAS, the authority to enter into tax abatement agreements is found in the Property Redevelopment and Tax Abatement Act located in Chapter 312 of the Texas Tax Code; and WHEREAS, Chapter 312 authorizes property taxing entities, such as the City of Port Arthur to limit the property taxes assessed on real property or tangible personal property located on real property due to the repairs or improvements to the property; and WHEREAS, a proposed tax agreement will be limited the increase in the value of the property taxes due to improvements or repairs to real property for a period of ten (10) years in length; and WHEREAS, only property located within a reinvestment zone is eligible for a tax abatement agreement; and WHEREAS, the City of Port Arthur is interested in considering a tax abatement agreement regarding the construction of a dormitory s.pr18924 as a variance to the tax abatement policy in the area shown in Exhibit "A" . A metes and bounds description of the property is attached hereto as Exhibit "B"; and WHEREAS, the City of Port Arthur deems it in the public' s interest to consider the creation of the "Downtown/Lamar State College Reinvestment Zone"; and WHEREAS, pursuant to Chapter 312 . 201 of the Texas Tax Code, a public hearing must precede the creation of a reinvestment zone; and WHEREAS, the area depicted in Exhibits "A" and "B" appear to meet the criteria for a reinvestment zone due to it being reasonably likely as a result of the designation to 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. 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 a public hearing to consider whether or not to create a reinvestment zone for a project that will take place on property owned by Lamar State College Port Arthur, as shown on Exhibit "A", shall be held on Tuesday, July 21, 2015 at 6: 00 p.m. s.pr18924 in the City Council Chambers, Fifth Floor, City Hall, 444 4th Street . Section 3 . That a Notice of this Hearing shall be given by the City Secretary and City Attorney to the presiding officer of each of the other taxing units that has taxing jurisdiction over the real property within the zone. Section 4 . That the City of Port Arthur must publish in the official newspaper of general circulation within the city a notice of the public hearing designating a reinvestment zone not later than the seventh (7th) day before the date of the public hearing. Section 5 . That the City of Port Arthur must deliver in writing to the presiding officer of the Governing body of each taxing unit that includes in its boundaries real property that is to be included in the proposed reinvestment zone notice of the public hearing designating a reinvestment zone not later than the seventh (7th) day before the date of the public hearing. Section 6. 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 A. D. , 2015, at a Meeting of the City Council of the City of Port Arthur, by the following vote: AYES: s.pr18924 Mayor: Councilmembers : NOES: MAYOR ATTEST: CITY SECRETARY APPROVED AS TO FORM: C TY AJA RNY APPROVED FOR ADMINISTRATION: CITY MANAGER s.pr18924 Exhibit "A" is a map of the area. It will be presented at or before the City Council meeting Exhibit "B" is a metes and bounds description of the property. BEING 2203, (Called 2 2000)acres of land out of and a part of Lakeshore Park, City of Port Arthur, recorded in Volume 1, Page 50, Map Records, Jefferson County, Texas; being the same land conveyed to Port Arthur Independent School District, recorded in Film Code 103-08-0051, Official Public Records. Jefferson County, Texas;said 2 203 acre tract being more fully described by metes and bounds as follows, to wit: COMMENCING at a point on the intersection of the South right of way line of a dedicated road named Procter Street and the West right of way line of a dedicated road named Lake Charles Avenue; said point being the Northeast corner of Block 154, City of Port Arthur, THENCE, (Called South 48 deg_47 min., 00 sec., East), on the West right of way line of said Lake Charles Avenue and crossing a dedicated road named Lakeshore Drive, a distance of(Called 480,90)to a W steel rod found on the intersection of the West right of way line of said Lake Charles Avenue and the South right of way line of said Lakeshore Drive; said 1/2"steel rod being the Northeast corner of a(Called 7.412)acre tract of land conveyed to Port Arthur College Foundation, Inc., recorded in Film Code 100-86-1857, Official Public Records, Jefferson County, Texas: THENCE,on the South right of way line of said Lakeshore Drive, on the arc of a curve to the left having a radius of 650.00', an arc length of 283.52' (Called 283,621 a chord bearing of South 49 deg., 10 min., 09 sec..West(Called South 53 deg., 43 min., 00 sec., West). a chord distance of 281.27 (Called 281.36')to a V2"steel rod found bent for point of tangency; THENCE, South 36 deg., 40 min., 51 sec., West(Called South 41 deg., 13 min., 00 sec.,West), continuing on the South right of way line of said Lakeshore Drive, same being the North line of the(Called 7.412)acre tract, a distance of 480.33' (Called 48044')to a Y2"steel rod found for the POINT OF BEGINNING;said 1/2" rod being the Northeast corner of the herein described tract; having a State Plane Coordinate of N: 13902467.99, E: 3576308.35 THENCE, South 53 deg., 19 min„ 09 sec, East(Called South 48 deg., 47 min., 00 sec., East), a distance of 313.57'(Called 312,95')to a W'steel rod, capped and marked"SOUTEX", set on the South line of the (Called 7.412)acre tract, same being the North line of Jefferson County Drainage District Na. 7 Hurricane Protection Levee, recorded in Volume1454, Page 1, Volume 1517, Page 41, and Volume 1521, Page 326, Deed Records, Jefferson County, Texas; said 1/3'steel rod being the Southeast corner of the herein described tract; from which a 1/2"steel rod found bears North 53 deg., 26 min , 22 sec., West, a distance of 0.57'and a Jefferson County Drainage District No. 7 concrete monument bears South 35 deg., 16 min., 33 sec., West, a distance of 3.06; THENCE, South 36 deg., 10 min., 38 sec., West(Called South 40 deg,40 min., 30 sec..West),on the North line of said Drainage District No. 7 Hurricane Levee, same being the South line of the(Called 7,412) acre tract, a distance of 304.82' (Called 304,86')to a Jefferson County Drainage District No. 7 concrete monument found for the Southwest corner of the(Called 7.412)acre tract and the Southwest corner of the herein described tract; having a State Plane Coordinate of N: 13902034.63, E: 3576379 89, THENCE, North 53 deg , 19 min., 37 sec., West(Called North 48 deg„47 min., 00 sec., West).on the West line of the(Called 7.412)acre tract, a distance of 316.25'(Called 315.80)to al/3"steel rod, capped and marked"SOUTEX", set on the South right of way line of said Lakeshore Drive; said W rod being the Northwest corner of the(Called 7.412)acre tract and the Northwest corner of the herein described tract; THENCE, North 36 deg.,40 min., 51 sec., East(Called North 41 deg., 13 min., 00 sec., East), on the South right of way line of said Lakeshore Drive, same being the North line of the(Called 7.412)acre tract, a distance of 304.85'to the POINT OF BEGINNING and containing 2.203 acres of land, more or less. Note: Bearings, distances,coordinates and acreage are based on State Plane Coordinate Grid System, Texas South Central Zone, NAD83. Scale Factor=0.999912380, Convergence angle 02 deg., 29 mire 11 sec Reference monument NGS AJ8221.