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HomeMy Public PortalAboutOrdinance No. 865-99 08-24-1999 • ORDINANCE NO. 865-99 AN ORDINANCE CREATING RICHLAND HILLS REINVESTMENT ZONE NUMBER l; MAHING CERTAIN LEGISLATIVE FINDINGS; PROVIDING FOR THE DURATION OF REINVESTMENT ZONE NUMBER 1; ALLOWING TAX ABATEMENT AGREEMENTS TO BE EXECUTED CONCERNING PROPERTY LOCATED WITHING REINVESTMENT ZONE NUMBER 1; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Council of the City of Richland Hills, Texas, has heretofore adopted guidelines and criteria for potential tax abatements within the City of Richland Hills; and WHEREAS, the Richland Hills City Council has held a public hearing on the creation of Richland Hills Reinvestment Zone Number 1; and WHEREAS, proper notice of such public hearing was published in a newspaper of general circulation in the City at least seven (7) days before the date of said public hearing, as required by law; and • WHEREAS, written notice of the public hearing was delivered to the presiding officer of each other taxing unit with j urisdiction over the property contained in Reinvestment Zone Number 1, at least seven (7) days prior to the public hearing thereon as required by law; and WHEREAS, at such public hearing, after hearing all public comments for and against the creation of Richland Hills Reinvestment Zone Number 1, the Richland Hills City Council found that the improvements sought within said reinvestment zone are feasible and would be of benefit to the zone after the expiration of any tax abatement agreement concerning such improvements, and further found that the Richland Hills Reinvestment Zone Number 1 meets one of the legal criteria for reinvestment zones; to wit, the retention or expansion of primary employment and the attraction of major investment to the area that would be a benefit to the property contained within the zone and that would contribute to the economic development of the City of Richland Hills; and WHEREAS, based on the information available to it, together with input received at such public hearing, the City Council of the City of Richland Hills, Texas, desires by the terms of this ordinance to create Richland Hills Reinvestment Zone Number 1 on the property described on Exhibit "A" attached hereto and incorporated herein for all purposes. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF RICHLAND HILLS, TEXAS: • ORDINANCE NO. PAGE 1 • I. That the property described on Exhibit "A" attached hereto and incorporated herein by reference for all purposes be hereby designated Richland Hills Reinvestment Zone Number 1, under the provisions of Chapter 312 of the Texas Tax Code. Such reinvestment zone shall continue to exist for a period of five (5) years from the effective date of this ordinance, and may be renewed for successive five-year periods by future action of the Richland Hills City Council. The City shall be hereby authorized to enter into tax abatement agreements covering property within the zone, upon compliance with all legal requirements therefor, but shall not be obligated to enter into any such agreement. II. The Richland Hills City Council hereby finds that the improvements sought within the zone are feasible and would be of benefit of the zone after the expiration of any tax abatement agreement concerning property located within the reinvestment zone. The City Council also finds that the Richland Hills Reinvestment Zone Number 1 meets the applicable criteria for reinvestment zones, in that such property is reasonably likely as a result of the designation as Reinvestment Zone Number 1 to contribute to the retention or expansion of primary employment and to attract major investment in the zone that will be a benefit to the property and that will contribute to the economic development of the City of Richland Hills. • III. Severability Clause. That it is hereby declared to be the intention of the City Council that the sections, paragraphs, sentences, clauses and phrases of this ordinance are severable, and if any phrase, clause, sentence, paragraph or section of this ordinance shall be declared invalid or unconstitutional by the valid judgment or decree of any court of competent jurisdiction, such invalidity or unconstitutionality shall not affect any of the remaining phrases, clauses, sentences, paragraphs and sections of this ordinance, since the same would have been enacted by the City Council without the incorporation in this ordinance of any such invalid or unconstitutional phrase, clause, sentence, paragraph or section. IV. Effective Date. This ordinance shall be in full force and effect from and after its passage and publication as provided by the Richland Hills City Charter and the laws of the State of Texas. PRESENTED, GIVEN FIRST READING AND APPROVED at a regular meeting of the Richland Hills City Council on the 24tHay of August , 1999, by a vote of 4 ayes, ~ nays, and ~ abstentions. • ORDINANCE NO. 865-99 PAGE 2 ~~~;~Irrrrrrrr • o' ~ APPROVED: ~~a , t~ ~t . 3~;~. ~ C. F. Kelley, Mayor •a : ~ y ; ATTEST: •IIf 111111~? ~ Tern Willis, City Secretary APP OVED AS TO FORM AND LEGALITY: w J es A. Cribbs, City Attorney • G:\Docs\R\RHills\Ordinances\Reinvestment Zone.wpd • ORDINANCE NO. 865-99 PAGE 3 y ~N~t3ir h APPLICATION FOR TAX ABATEMEYf OR ECONOMIC~DbRVFLO~PM~~ M f~N I~ RT ~ eAx lyDe 00~' A1p~aNational leCbe?olop Sarr?ices, Inc. 1 Property Owner: Mailina Address: 2501_ B. Loop 820 H. _ Pbt't voryb . !X 16118 2. Property Owner's Reprauntative~ Je Alezrnde* Mailing AdCrcss r ~.....r cuit~ 504 port Yorth, TX T6102 3. property Address: .....-~~r*inn oL sx 1A~ ~ t+•~le~r Ya• L Picblane Hills Lora 1, 2, 5 i 6, S:ocic 6, !lidva7 Placs AQdition Property 1.~st T.)cscr~ptio~' CSt7 of Richland Rills. ?a."t'arit CourtY. SZ (Provide atucbment if by codes and bounds) • (Icwludo Map(s), if required) 4. Oescxiption of Projecr above reterertoed site for the 111phal~ational ne++ headatia:'tera• Coat of oonatrvction is eatisated at = 2.8 aiilion dollars. Alphaliational is a national on sits service oparstioa vith offices in Calilornis llorida ar+d 211inoia. fie ser~ix t itors oonitora. ger'aonal co'"?vt~• ~Mla• laptops, lakes sad assorted office equi~ent Tbia location vill enylop ~5 people vith ~ • t S. 1f requesting incentive, deacxibe incentive, reason for requesting incentive, ~nci rho • impact on the project if incentives are not gamed. 1. 50x abate~aieat of reel estate tasea over a ten dear pe~i~d. 2. Rseoval of sanrer lies that diridea pa~ope~~. vbich cares it ietpos8ible to build on curreati~. Yitbout Sncentive~ ve rill h to usQ~~;tw in Fort Yortb Ghat ie_ lers exDa:~sire and is rsadr !or construction ritdout i~'oveaenta. 6. Date projected for occupation oFprojectlinitiatioe of opcntions: Jy117 l . 2000 7. Other information applicable to this project and other qualifying factors YQ, e~~:~.t t loy an additional 1 n~le ritnin the ftrst yoar of oration. • • 2 ~ W 0 j~ , . ~ 1 v . ~ ~ (3RKER Q~v ~1 v • ' ~ Q'C1. U .t C 4 ~ ~ j~/1~-mac t , i j C ~ ~ {Kq~c.~ I y~ ~a Ss•+, ~ . ~ 8 ~ S Sw"~ - - ~~~~r ~ ' `fit ~X" I - s I Q Ca ~O~/~ R LI. ~ - { Cl y ~ Q'CJ~[Ci ~ \ _ • i SfQ~Et \ I rC~E~ 1 n' ~ ~ t , .;t~4 ~i~' s. ~ / i~ ti / Cam` ' ` ~ ~ , , -