HomeMy WebLinkAboutPO 6476: REDUCING THE BOUNDARIES OF TAX INCREMENT REINVETMENT ZONE NUMBER ONE P.O. 6476
12/08/15 vrt
updated
ORDINANCE NO.
AN ORDINANCE REDUCING THE BOUNDARIES OF TAX
INCREMENT REINVESTMENT TIRZ NO. 1
(DOWNTOWN TIF) NUMBER ONE, CITY OF PORT
ARTHUR, TEXAS; AND CONTAINING OTHER MATTERS
RELATED TO THE TIRZ NO. 1 (DOWNTOWN TIF).
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, 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,
WHEREAS, the City wishes to reduce the TIRZ No. 1 (Downtown TIF) by removing
the property depicted and described in Exhibit "A" attached hereto and hereby made a part of
this Ordinance for all purposes; and,
WHEREAS, the remainder of the TIRZ No. 1 (Downtown TIF) will remain as depicted
in Exhibit "B", with the exception of the property listed in Exhibit"A"; and,
WHEREAS, by operation of Sections 311.006 and 311.007 of the Tax Code, a
municipality may change the boundaries of an existing reinvestment TIRZ No. 1 (Downtown
TIF) so long as (i) less than ten percent (10%) of the property within the amended boundaries of
the reinvestment TIRZ No. 1 (Downtown TIF), excluding any property dedicated to public use,
is used for residential purposes, as defined in Section 311.006(d) of the Code; (ii) the amended
boundaries of the reinvestment TIRZ No. 1 (Downtown TIF) will not contain more than fifteen
percent (15%) of the total appraised value of taxable real property in the municipality and in the
industrial districts created by the municipality; and (iii) the amended boundaries of the
reinvestment TIRZ No. 1 (Downtown TIF) will not contain more than fifteen percent (15%) of
the total appraised value of the real property taxable by a county or school district; and,
WHEREAS, on December 8, 2015, the City Council held a public hearing regarding the
reduction of the TIRZ No. 1 (Downtown TIF) and its benefits to the City and to property in the
TIRZ No. 1 (Downtown TIF) and afforded a reasonable opportunity for all interested persons to
speak for or against the removal of the Property from the TIRZ No. 1 (Downtown TIF) and the
concept of tax increment financing; and,
WHEREAS, notice of the public hearing was published in a newspaper of general
circulation in the City on December 1, 2015, which date was not later than seven (7) days prior
to the date of the hearing; and,
WHEREAS, prior to the public hearing the City provided written notice to all taxing
units levying real property taxes within the TIRZ No. 1 (Downtown TIF) of the City's intention
to remove the Property from the TIRZ No. 1 (Downtown TIF) and of the public hearing.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF PORT ARTHUR, TEXAS:
Section 1. Findings That after reviewing all information before it regarding the
removal of the Property from the TIRZ No. 1 (Downtown TIF) and after conducting a public
hearing regarding the reduction of the TIRZ No. 1 (Downtown TIF) and its benefits to the City
and to property in the TIRZ No. 1 (Downtown TIF) and affording a reasonable opportunity for
all interested persons to speak for or against the removal of the Property from the TIRZ No. 1
(Downtown TIF)and the concept of tax increment financing, the City Council hereby makes the
following findings of fact:
1.1. The statements, facts, terms, and conditions set forth in the recitals of this Ordinance are
true and correct.
1.2. Removal of the Property from the TIRZ No. 1 (Downtown TIF), as delineated in Exhibit
"B", will not adversely affect development in the TIRZ No. 1 (Downtown TIF) or
adversely affect either the TIRZ No. 1 (Downtown TIF) as delineated in Exhibit "A", or
the City in general.
1.3. The Property is subject to removal from the TIRZ No. 1 (Downtown TIF) as delineated in
Exhibit"B", pursuant to Section 311.007(a) of the Tax Code.
1.4. With the removal of the Property from the TIRZ No. 1 (Downtown TIF), less than ten
percent (10%) of the property within the TIRZ No. 1 (Downtown TIF), excluding any
property dedicated to public use, will be used for residential purposes, as defined in
Section 311.006(d) of the Tax Code.
1.5. With the removal of the Property from the TIRZ No. 1 (Downtown TIF), the TIRZ No. 1
(Downtown TIF) will not contain more than fifteen percent (15%) of the total appraised
value of taxable real property in the municipality and in the industrial districts created by
the municipality.
1.6. With the removal of the Property from the TIRZ No. 1 (Downtown TIF), the TIRZ No. 1
(Downtown TIF) will not contain more than fifteen percent (15%) of the total appraised
value of real property taxable by any county or school district.
Section 2. Removal Of Property From TIRZ No. 1 (Downtown TIF) That the City
Council hereby reduces the boundaries of the TIRZ No. 1 (Downtown TIF) as delineated in
Exhibit"A", by removing the Property from the TIRZ No. 1 (Downtown TIF). The TIRZ No. 1
(Downtown TIF), as reduced, has been designated under Section 311.005(a)(1) of the Code and
shall continue to be known as "Tax Increment Reinvestment TIRZ No. 1 (Downtown TIF)
Number One, City of Port Arthur, Texas." With removal of the Property from the TIRZ No. 1
(Downtown TIF), the TIRZ No. 1 (Downtown TIF) shall comprise the property depicted in
Exhibit"B", which is attached hereto and hereby made a part of this Ordinance for all purposes.
Section 3. TIRZ No. 1 (Downtown TIF) Board of Directors That City Manager,
Brian McDougal will serve as the representative of the City of Port Arthur on the board of
directors for the TIRZ No. 1 (Downtown TIF). Otherwise, the board shall remain unchanged and
shall continue to conform to the requirements of Section 311.009 of the Tax Code.
Section 4. Term of TIRZ No. 1 (Downtown TIF) That the removal of the Property
from the TIRZ No. 1 (Downtown TIF) shall take effect upon the adoption of this Ordinance.
The TIRZ No. 1 (Downtown TIF), as reduced, shall terminate in accordance with Section 2 of
Ordinance No. 12-75.
Section 5. Determination Of Tax Increment Base That the tax increment base
of the TIRZ No. 1 (Downtown TIF), as defined by Section 311.012(c) of the Tax Code, shall be
reduced by the taxable appraised value of the Property delineated in Exhibit"A"has been
removed. The tax increment base for property remaining in the TIRZ No. 1 (Downtown TIF), as
delineated in Exhibit"B" shall remain unchanged.
Section 6. Tax Increment Fund That beginning with the 2016 tax year, each taxing
unit which levies real property taxes on the Property as delineated in Exhibit"A" shall be
relieved of any obligation to deposit the percentage of any tax increment (as defined by Section
311.012(a) of the Tax Code)produced by the Property that the taxing entity elected to dedicate
to the Tax Increment Fund (created and established for the TIRZ No. 1 (Downtown TIF)
pursuant to Section 6 of Ordinance No. 15797) under a participation agreement with the City, as
authorized by Section 311.013(1) of the Tax Code.
Section 7. Severability That if any portion, section or part of a section of this
Ordinance is subsequently declared invalid, inoperative or void for any reason by a court of
competent jurisdiction, the remaining portions, sections or parts of sections of this Ordinance
shall be and remain in full force and effect and shall not in any way be impaired or affected by
such decision, opinion or judgment.
Section 8. That this Ordinance shall take effect and be in full force and effect from
and after its adoption.
READ, ADOPTED AND APPROVED on this day of A.D., 2015,
at a Regular Meeting of the City Council of the City of Port Arthur, Texas, by the following
vote: AYES:
Mayor
Councilmembers
NOES:
Debris "Bobbie" Prince,
Mayor
ATTEST:
Sherri Bellard,
City Secretary
APPROVED AS TO FORM:
S
alecia iz o,
City Attorney
APPROVED FOR ADMINISTRATION:
Brian McDougal,
City Manager
EXHIBIT"A"
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CAROLED L,COmRY.CO NTY CLERK.JEFFERSON COUNTY•TERAS
BY .DEPUTY I LAMAR PORT PHASE DORMS
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10/21/2015 Jefferson CAD-Property Details
Jefferson CAD
Property Search Results >89186 LAMAR STATE COLLEGE for Year 2015
Property
Account
Property ID: 89186 Legal Description: OUT OF LAKESHORE PARK LT E BLK 154 TR 2 CITY OF PORT ARTHUR 2.200
Geographic ID: 053400-000-174540-00000-3 Agent Code:
Type: Real
Property Use Code: CS
Property Use Description: REAL VACANT SCHOOLS/COLLEGES
Location
Address: Mapsco:
TX
Neighborhood: Map ID: 0
Neighborhood CD:
Owner
Name: LAMAR STATE COLLEGE Owner ID: 212926
Mailing Address: PORT ARTHUR %Ownership: 100.0000000000%
PO BOX 310
PORT ARTHUR,TX 77641-0310
Exemptions: EX-XJ
Values
(+)Improvement Homesite Value: + $0
(+)Improvement Non-Homesite Value: + $0
(+)Land Homesite Value: + $0
(+)Land Non-Homesite Value: + $8,370 Ag/Timber Use Value
(+)Agricultural Market Valuation: + $0 $0
(+)Timber Market Valuation: + $0 $0
(=)Market Value: _ $8,370
(-)Ag or Timber Use Value Reduction:- $0
(=)Appraised Value: _ $8,370
(-)HS Cap: - $0
(=)Assessed Value: _ $8,370
Taxing Jurisdiction
Owner: LAMAR STATE COLLEGE
Ownership: 100.0000000000%
Total Value: $8,370
Entity Description Tax Rate Appraised Value Taxable Value Estimated Tax
109 PORT ARTHUR INDEPENDENT SCHOOL DISTRICT 1.353140 $8,370 $0 $0.00
235 CITY OF PORT ARTHUR 0.792000 $8,370 $0 $0.00
343 PORT OF PORT ARTHUR 0.156644 $8,370 $0 $0.00
755 SABINE-NECHES NAVIGATION DIST 0.091640 $8,370 $0 $0.00
851 DRAINAGE DISTRICT#7 0.165305 $8,370 $0 $0.00
901 JEFFERSON COUNTY 0.365000 $8,370 $0 $0.00
A59 FARM AND LATERAL ROAD 0.000000 $8,370 $0 $0.00
CAD JEFFERSON CO APPRAISAL DISTRICT 0.000000 $8,370 $0 $0.00
T235 TIF CITY OF PORT ARTHUR 0.000000 $8,370 $0 $0.00
Total Tax Rate: 2.923729
Taxes w/Current Exemptions: $0.00
Taxes w/o Exemptions: $244.72
Improvement/ Building
No improvements exist for this property.
Land
# Type Description Acres Sqft Eff Front Eff Depth Market Value Prod.Value
1 COM20 COM20 2.1006 91500.00 305.00 300.00 $7,870 $0
2 Al Acres Style Type 0.1000 4356.00 0.00 0.00 $500 $0
Roll Value History
http://propaccess.jcad.org/clientdb/Property.aspx?prop_id=89186 1/2
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