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HomeMy Public PortalAboutResolution No. 438-14 11-04-2014RESOLUTION 438-14 A RESOLUTION APPROVING AN ECONOMIC DEVELOPMENT PROGRAM AGREEMENT BETWEEN THE CITY OF RICHLAND HILLS, TEXAS AND 6 STONES MISSION NETWORK AND ADOPTING THE COMMUNITY POWERED REVITALIZATION "CPR" PROGRAM AS PART OF THE ECONOMIC DEVELOPMENT EFFORTS OF THE CITY OF RICHLAND HILLS, TEXAS, PURSUANT TO AND IN ACCORDANCE WITH TEXAS LOCAL GOVERNMENT CODE, CHAPTER 380 WHEREAS, as part of the long range planning and future revitalization efforts of the City of Richland Hills, the Mayor and City Council authorize the City Manager's Office to embark on a program of residential structure rehabilitation for the purpose of preservation and protection of the ad valorem property tax base; and WHEREAS, home restoration projects are deemed to be of economic benefit to the City of Richland Hills and contribute to sustaining the City's property values; and WHEREAS, the Richland Hills City Attorney's Office reviewed State statutes and the City Charter and determined that the City of Richland Hills can establish grants of funds for purposes of promoting local economic development and business and commercial activity within the City, and the stabilization of the ad valorem tax base directly impacts the economic development of the City at both the residential and commercial levels, pursuant to and in accordance with the Texas Local Government Code Chapter 380 as noted; and WHEREAS, many houses in Richland Hills are exhibiting various stages of decline which has a major impact on the deterioration of the real estate property tax base throughout the City through a ripple effect; and WHEREAS, the demand for city government services may remain constant or expand over time even though the older residential tax base may decline, thereby creating a situation whereby remaining property owners have to assume the burden of paying a larger portion of tax revenue in order to maintain city service levels; and WHEREAS, the Texas Local Government Code Chapter 380 allows a city to provide incentives consisting of loans and grants of city funds, use of city personnel, facilities and services with or without charge, for the promotion of economic development; and WHEREAS, the promotion of the redevelopment of existing housing stock in the City promotes economic development within the City and is essential for the continued economic growth of the City and it is well established that the availability of quality housing stock encourages the relocation of businesses and attracts new business enterprises, as well as the expansion of existing business enterprises with the City, which in turn stimulates growth, creates jobs, and increases property and sales tax revenues since business will look to the available housing stock to meet the needs of management and the work force; and WHEREAS, preservation and improvement of the housing stock is a major contributing factor to the economic health and growth of the City, which in turn stimulates trade and commerce and reduces unemployment, contributes to the well-being and economic growth of the community; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RICHLAND HILLS, TEXAS: Section 1: THAT the City Council of the City of Richland Hills supports and approves the Community Powered Revitalization "CPR" Program in cooperation with 6Stones Mission Network as a valuable and important economic development tool. Section 2: THAT the City Council of the City of Richland Hills adopts the Community Powered Revitalization "CPR" Program as described as part of the City's economic development efforts to help stabilize the residential tax base of Richland Hills for future generations, as well as for the health, safety, and welfare of the entire citizenry of Richland Hills. The City Council encourages participation in this program and supports the ability of non-profit organizations to partner in the Community Powered Revitalization "CPR" program. Section 3: THAT the City Council of the City of Richland Hills authorizes the City Manager to pay 6Stones Mission Network a lump sum of $25,000 for CPR program administrative support in fiscal year 2014-2015, which maybe renewed annually. Section 4: THAT the City Council of the City of Richland Hills authorizes the City Manager to reimburse 6Stones Mission Network a 30% local match for materials, supplies, and labor and waive all applicable City permit and inspection fees for all CPR sponsored home renovations or construction in Richland Hills in fiscal year 2014-2015. All reimbursements to 6Stones will be based on verifiable receipts and total reimbursements shall not exceed $25,000 for the fiscal year. Expenses to be matched may include actual or donated goods, labor, or services but may not exceed what a project would actually have cost if all materials and labor were actually paid for on each project or activity. Section 5: THAT in such cases which are deemed appropriate by the City Manager, said funds may be used for grant matching requirements to bring additional funds into projects in Richland Hills. The City Manager may use his discretion in determining whether a particular expense item will be considered for reimbursement by the City of Richland Hills as part of this program. Section 6: THAT for the purpose of creating safe, livable neighborhoods and community, and for the ultimate purpose of maintaining property values within those neighborhoods, the City may transfer properties/homes/vacant lots held in trust by the City of Richland Hills to 6Stones Mission Network for the purpose of revitalizing or building homes or necessary structures deemed appropriate to revitalize a neighborhood and community. Section 7: THAT the City Council of the City of Richland Hills authorizes the City to enter into an Economic Development Program Agreement with 6Stones Mission Network reflecting the terms and matters described above. IT IS SO RESOLVED BY THE CITY COUNCIL OF THE CITY OF RICHLAND HILLS, TEXAS ON THE 4`h DAY OF NOVEMBER, 2014. ATTEST: City Secretar athy Bourg \\\\\11111111111 // ``\\``\`\~`C~`~,N~y ~~yor, .~ ~ '!!~ ~~ ' ~ ~ ~~ ~~ r `~ •~; 11111i1nlll