HomeMy WebLinkAboutPO 6509: TAX ABATEMENT REINVESTMENT ZONE FOR DOWNTOWN P. O. No. 6509
12/02/15 vrt/ht
ORDINANCE NO.
AN ORDINANCE DESIGNATING A TAX ABATEMENT
REINVESTMENT ZONE FOR THE DOWNTOWN
REINVESTMENT ZONE NO. 1/ LAMAR STATE COLLEGE
AREA
WHEREAS, under Chapter 312, Property Development of the Texas
Property Tax Code, a municipality may designate an area as a tax
abatement reinvestment zone; and
WHEREAS, a public hearing was held on July 21, 2015 to take
comments on the proposed designation; and
WHEREAS, notice of this hearing was provided to the presiding
officer of all taxing units that include in their boundaries the
property that is to be included in the Zone .
NOW THEREFORE, BE IT ORDAINED 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 area of the City, as denoted in the
attached map as Exhibit "A" , which is the same area, is hereby
designated as a tax abatement reinvestment zone, known as the "The
Downtown Reinvestment Zone No. 1/ Lamar State College Area" .
Section 3 . That the City Council finds that the
designation of the Reinvestment Zone would likely result in the
designation to contribute to the retention or expansion of primary
employment or attract major investment in the zone that would
benefit the property and that would contribute to the economic
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Section 4 . That if any section, subsection, sentence,
clause, phrase, or portion of this Ordinance, is for any reason
held invalid or unconstitutional by any court of competent
jurisdiction, such portion shall be deemed a separate, distinct,
and independent provision and such holding shall not affect the
validity of the remaining portions hereof .
Section 5. That the term of this designation shall be five
(5) years from the effective date of this Ordinance and may be
renewed for periods of five (5) years .
Section 6 . That all Ordinances and parts of Ordinances in
conflict herewith are hereby repealed, but only to the extent of
such conflict .
Section 7 . That a copy of the caption of this Ordinance be
spread upon the Minutes of the City Council .
Section 8 . That this being an Ordinance which does not
carry a penalty and does not require publication, it shall take
effect immediately from and after its passage .
READ, ADOPTED AND APPROVED on this day of
A.D. , 2015 , at a Council Meeting of the City Council of the City
of Port Arthur, Texas, by the following vote : AYES :
Mayor:
Councilmembers :
NOES :
MAYOR
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ATTEST:
SHERRI BELLARD
CITY SECRETARY
APPROVED AS TO FORM:
/tN
VALECIA TI ENO,
CITY ATTORNEY
APPROVED FOR ADMINISTRATION:
BRIAN MCDOUGAL
CITY MANAGER
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EXHIBIT "A"
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Downtown Reins estment Map Boundaries
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