The URL can be used to link to this page

Home My Public Portal AboutOrdinance No. 1075-06 12-12-2006 • CITY OF RICHLAND HILLS ORDINANCE N0.1o ~ 0~, AN ORDINANCE AMENDING THE GUIDELINES AND CRITERIA FOR THE ECONOMIC DEVELOPMENT INCENTIVES PROGRAM, INCLUDING TAX ABATEMENT AGREEMENTS, WITHIN THE CITY OF RICHLAND HILLS; PROVIDING THAT THIS ORDINANCE SHALL BE CUMULATIVE OF ALL ORDINANCES; PROVIDING A SEVERABILITY CLAUSE; PROVIDING FOR PUBLICATION AS REQUIRED BY LAW; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, economic development through the creation of a new industry and expansion of existing industry that results in new wealth and/or job opportunities is important for the well being and health of the local economy; and WHEREAS, the City of Richland Hills must compete with other localities throughout the United States currently offering economic development incentives and other tax incentives to attract new facilities and plant modernization projects; and WHEREAS, the abatement of property taxes, when offered to attract businesses which bring in money from outside a community instead of merely recirculating dollars within a community, has been shown to be an effective method of enhancing and diversifying an area's economy; and . WHEREAS, Chapter 312 of the Texas Tax Code requires any eligible taxing jurisdiction to establish Guidelines and Criteria as to eligibility for tax abatement agreements prior to granting of any future tax abatement or creation of a reinvestment zone; and WHEREAS, the City Council has previously adopted guidelines and criteria, but more than two years have elapsed since such action; and WHEREAS, Chapter 312 of the Texas Tax Code provides that such guidelines and criteria are effective for at most two years, so that the guidelines and criteria previously adopted have expired; and WHEREAS, the City Council now desires to adopt amended tax abatement guidelines and criteria; NOW, THEREFORE BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF RICHLAND HILLS, TEXAS: SECTION 1. ESTABLISHMENT OF GUIDELINES AND CRITERIA The City Council hereby establishes the guidelines and criteria governing economic development incentives and other property tax abatement agreements as set forth on Exhibit "A" to this ordinance as the City of Richland Hills Tax Abatement Guidelines and Criteria. • SECTION 2. TIME LIMITATION The guidelines and criteria shall be effective for two (2) years from the date of adoption, provided, however, that the guidelines and criteria may be earlier amended, modified or repealed as allowed by state law. SECTION 3. EFFECTIVE DATE This ordinance shall be in full force and effect from and after its passage and it is so ordained. SECTION 4. PROVISIONS CUMULATIVE This ordinance shall be cumulative of all provisions of ordinances and of the Code of Ordinances of the City of Richland Hills, Texas, as amended, except where the provisions of this ordinance are indirect conflict with the provisions of such ordinances and such Code, in which event the conflicting provisions of such ordinances and such Code are hereby repealed. SECTION 5. • PROVISIONS SEVERABLE It is hereby declared to be the intention of the City Council that the phrases, clauses, sentences, paragraphs, and sections of this ordinance are severable, and if any phrase, clause sentence, paragraph or section of this ordinance shall be declared unconstitutional by the valid judgment or decree of any court of competent jurisdiction, such 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 unconstitutional phrase, clause, sentence, paragraph or section. SECTION 6. EFFECTIVE DATE This ordinance shall be in full force and effect from and after its passage and publication as required by law, and it is so ordained. Ordinance No. 1075-06 Pg. 3 • PASSED AND APPROVED ON THIS 12th DAY OF DECEMBER 2006. ~~~~iuinmii, ~ ' J? , e Honorable David L. Raga ayor ~ a- v ~ ATTEST: (Linda Cantu, City Secretary EFFECTIVE: r-~-~ o APPROVED O FORM AND LEGALITY: • Tim G. Sralla, City Attorney INVOICE ~ --~r~,,1 ~~i~,,,. Star-Telegram Customer ID: CIU08 40o w. 7Tx STREET Invoice Number: 282137051 ~C33#t~wORTH~ T-X61-02 (817) 390-7761 Invoice Date: 3/30/07 Federal Tax ID 22-314s2s4 Terms: Net due in 21 days Due Date: 3/31/07 Bill To: PO Number: CITY OF RICHLAND HILLS 3200 DIANA DR Order Number: 28213705 RICHLAND HILLS, TX 76118-6237 Sales Rep: 073 Description: AN ORDINANCE A Attn BARBARA . wRIGHT Publication Date: 3/30/07 Dcscription~ ~ . Location Col Depth Linage ]\9U Rate Amount AN ORDINANf. Legal Notes rE GUID I3s80 1 81 81 LINE $O.s3 $42.93 AN ORDINANCE AMENDING THE GUIDELINES AND CRITERIA'FOR THE ECONOMIC DEVEL- OPMENT INCEN- INCLUDING OGRTAMx Net AmOUnt: $42.93 A B A T E M E N T WITHIN ETHE NCIT`I HILLS; PRIOVIDING THAT THIS ORDI- NANCE SHALL BE CUMULATIVE OF ALL ORDINANCES: PROVIDING A SEV- ERABILITY CLAUSE: PROVIDING FOR PUBLICATION AS AND PIROVIDING AN EFFECTIVE DATE. PROVISIONS SEV- ERABLE It is hereby declared to be the intention of the City Council that the • phrases, clauses, _ sentences, para- _ graphs, and sections ~ 11RIS+1 t HULL~NI) of this ordinance are z a { severable, and if any ~i ~ ~ 1 ~ C ~ F? a rit phrase, clause, sen- ~ )I,l~ ~(;{)g fence, paragraph or ' ~ ' section of this ordr THE STATE ~ Hance sfiall be de- clared unconstitution- - - County of Tarl al by the valid judg- ment or decree of any court of competent jurisdiction, such un- Before me, a constitutionality snaur said County and State, this day personally appeared Deborah Baylor, Bid and Legai Coordinator not affect any of th for the Star-T remaining pnraae~he Star-Telegram, Inc. at Fort Worth, in Tarrant County, Texas; and who, after being duly sworn, did depose and clauses, sentences say that the a paragraph5 and say-advertisement was published in the above named paper on the listed dates: BIDS 8 LEGAL DEPT. STAR TELEGRAM lions of this ordi- nance,since the same (817) 390-75 Would have been enacted by the City Council without the incorporation in this ordinance of any such $I ned unconstitutional 9 ~hrase, clause, sev- en e, paragrapk or SUBSCRIBE PuB~ilcATloN- The~FORE ME, THIS Monday, April 02, 2 7. City Secretary of the - City. of Richland Hills is directed to publish Nota Public the caption, penalty ry clause, publication clause and effective date of this Ordinance Thank You bY~tlHwextent required,,,,.ent EFFECTIVE DATE-111 - This ordinance shall ._._..._.V..._._. be in full force and_ _ ~ Y.,.._._...~ ~ ~ effect from and after its passage and publication as re- - - - - gguired b law and it _T _ - PAS3ED AND AP- _ - PROVED ON THIS Cus~mer ID: _ _ Remit To: 12th day of Decem- i+~. on a P.O. BOX 901051 Customer Name: CITY OF RICHLAND HILLS FORT WORTH, TX 76101-2051 Invoice Number: 282137051 • Invoice Amount: $42.93 PO Number: - Amount Enclosed: $