Loading...
The URL can be used to link to this page
Your browser does not support the video tag.
Home
My WebLink
About
ORD 23-103
ORDINANCE NO.23-103 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF BEAUMONT, TEXAS, DESIGNATING A GEOGRAPHIC AREA WITHIN THE CITY AS A TAX INCREMENT REINVESTMENT ZONE PURSUANT TO CHAPTER 311 OF THE TEXAS TAX CODE, TO BE KNOWN AS REINVESTMENT ZONE NUMBER ONE, CITY OF BEAUMONT, TEXAS; DESCRIBING THE BOUNDARIES OF THE ZONE; CREATING A BOARD OF DIRECTORS FOR THE ZONE AND APPOINTING MEMBERS OF THE BOARD; ESTABLISHING A TAX INCREMENT FUND (TIRZ FUND) FOR THE ZONE; CONTAINING FINDINGS RELATED TO THE CREATION OF THE ZONE; PROVIDING A DATE FOR THE TERMINATION OF THE ZONE; PROVIDING THAT THE ZONE TAKE EFFECT IMMEDIATELY UPON PASSAGE OF THE ORDINANCE; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City of Beaumont, Texas (the "City"), pursuant to Chapter 311 of the Texas Tax Code, as amended (the "Act"), may designate a geographic area within the City as a tax increment reinvestment zone if the area satisfies the requirements of the Act; and, WHEREAS, the City Council of the City (the "City Council") desires for the City to consider the creation of a tax increment reinvestment zone in the City consisting of approximately 7,394.43 acres depicted on Exhibit "A," and identified within Exhibit "B," attached hereto (the "Property"); and, WHEREAS, pursuant to and as required by the Act, the City Council prepared a Reinvestment Zone Nuinber One, City of Beaumont, Texas, Preliminary Project and Finance Plan (the "Preliminary Project and Finance Plan") attached hereto as Exhibit "B," and incorporated herein for all purposes; and, WHEREAS, notice of the public hearing on the creation of the proposed zone was published in the Beaumont Enterprise, a newspaper of general circulation within the City, on November 27, 2023, which date is not later than the seventh. (7"') day before the public hearing held on December 5, 2023; and, WHEREAS, at the public hearing on December 5, 2023, interested persons were allowed to speak for or against the creation of the zone, the boundaries of the zone, and the concept of tax increment financing, and owners of property in the proposed zone were given a reasonable opportunity to protest the inclusion of their property in the zone; and, WHEREAS, evidence was received and presented at the public hearing in favor of the creation of the zone; and, WHEREAS, the City has taken all actions required to create the zone including, but not limited to, all actions required by the Act, the Texas Open Meetings Act, and all other laws applicable to the creation of the zone; and, WHEREAS, the City desires to appoint initial members to the board of directors of the zone; and, WHEREAS, terms used in this Ordinance that have their initial letters capitalized shall have the meanings given to them in this Ordinance; however, terms shall have the meanings given to them in the Preliminary Project and Finance Plan; NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT, TEXAS: SECTION 1 FINDINGS: a) The recitals, findings, and determinations contained in the preamble to this Ordinance are incorporated into the body of this Ordinance as if frilly set forth in this Section and are hereby found and declared to be true and correct legislative findings and are adopted as part of this Ordinance for all purposes, b) The City Council finds that the PUBLIC IMPROVEMENTS will significantly enhance the value of all the taxable real property in the zone and will be of general benefit to the City. c) The City Council finds that the proposed zone meets the requirements of Section 311.005(a) of the Act in that: (i) there is a need for essential public infrastructure and economic development programs to attract new business and commercial activity to the proposed zone for the purposes of increasing the real property tax base for all taxing units within the zone, increasing sales and use taxes for the City and the State of Texas, and increasing job opportunities for residents of the City and the region; and (ii) the proposed zone, as shown within Exhibit A, meets the criteria for the creation of a reinvestment zone set forth in Section 311.005 of the Act in that the area is predominantly open or undeveloped and, because of obsolete platting, deterioration of structures or site improvements, or other factors, substantially impairs and arrests the sound growth of the municipality; and (iii) these factors substantially impair and arrest the sound growth of the City. d) The City Council finds that the proposed zone is a geographic area 100% within the City's corporate limits or extraterritorial jurisdiction. e) The City Council finds that not more than thirty percent (30%) of the property in the proposed zone, excluding property that is publicly owned, is used for residential purposes, and the total appraised value of taxable real property in the proposed zone and in existing reinvestment zones does not exceed fifty percent (50%) of the total appraised value of taxable zeal property in the City and in the industrial districts created by the City. f) The City Council finds that the development or redevelopment of the property in the proposed zone will not occur solely through private investment in the reasonably foreseeable future. g) The City Council fields that the Preliminary Project and Finance Plan is feasible. h) The City Council finds that the implernentation of the Project and Finance Plan (as defined below) will alleviate the conditions described in Section l(c) above and will serve a public purpose, SECTION 2 DESIGNATION AND NAME OF THE ZONE: Pursuant to the authority of, and in accordance with the requirements of the Act, the City Council hereby designates the Property as a tax increment reinvestment zone. The name assigned to the zone for identification is Reinvestment Zone Number One, City of Beaumont, Texas (the "Zone"). The Zone is designated pursuant to Section 311.005(a)(2) of the Act. SECTION 3 BOARD OF DIRECTORS: 3.1 The City Council hereby creates a board of directors for the Zone (the "Board") consisting of nine members. Seven members shall be appointed by the City Council to Places 1, 2, 3, 4, 5, 6, and 7. Place 8 shall be appointed by the Coinnlissioners Court of Jefferson County, Texas (the "County"), if the County participates in the Zone. If the County does not participate in the Zone, the Conunissioners Court shall be deemed to have waived its right to appoint such members and the Place goes away. Place 9 shall be appointed by the Jefferson County Drainage District No. 6 (the "Drainage District"), if the Drainage District participates in the Zone. If the Drainage District does not participate in the Zone, the Drainage District shall be deenned to have waived its right to appoint such members and the Place goes away. 3.2 The City Council hereby appoints the following individuals to serve as the initial members of the Board for the terms indicated: Place 1 Mayor Place 2 Mayor Pro Tempore Place 3 Council Member, At -Lange Place 4 Council Member, Ward 1 Place 5 Council Member, Ward 2 Place 6 Council Member, Ward 3 Place 7 Council Member, Ward 4 (term expires May, 2025) (term expires May, 2025) (term expires May, 2025) (term expires May, 2025) (term expires May, 2025) (term expires May, 2025) (term expires May, 2025) If applicable, Place 8 shall be appointed by the County for a term that expires May, 2025. If applicable, Place 9 shall be appointed by the Drainage District for a term that expires May, 2025. Upon expiration of the indicated terms or upon City Council action to reconstitute the initial Board by appointing replacement members, subsequent appointments to fill vacancies shall be for terms of two (2) years. The member appointed to Place 1 shall serve as the chairman of the Board. The Board is authorized to elect a vice-chairman and other officers as determined by the Board. 3.3 The Board shall make recommendations to the City Council concerning the administration, management, and operation of the Zone. The Board shall prepare or cause to be prepared and adopted a project plan and a reinvestment zone financing plan for the Zone (the "Project and Finance Plan") as required by the Act, and shall submit the Project and Finance Plan to the City Council for approval. The Board may enter into agreements as the Board considers necessary or convenient to implement the Project and Finance Plan and reimburse PROJECT COSTS from the TIRZ FUND established pursuant to Section 7 of this Ordinance. 3.4 Directors shall not receive any salary or other compensation for their services as directors. 3.5. Pursuant to Section 311.010(h) of the Act and Article III, Section 52-a of the Texas Constitution, the City Council hereby authorizes the Board, as necessary or convenient to implement the Project and Finance Plan and achieve its purposes, to establish and provide for the administration of one of more programs for the public purposes of developing and diversifying the economy of the Zone, eliminating unemployment and underefnployment in the Zone, and developing or expanding transportation, business, and commercial activity in the Zone, including programs to make grants of land and buildings and make grants from the TIRZ FUND for activities that benefit the Zone and stimulate business and commercial activity in the Zone. In addition, the City Council hereby authorizes the Board to exercise all of the powers of the City under Chapter 380, Texas Local Government Code, as amended. SECTION 4 DURATION OF THE ZONE: The Zone shall take effect inu-nediately upon the passage and approval of this Ordinance. The Zone shall terminate on December 31, 2053 (with final year's tax due by January 31, 2054), unless otherwise terminated in accordance with this section. The City shall have the right to terminate the Zone prior to the expiration of its stated term if all of the project costs have been paid in Rill. If upon expiration of the stated term of the Zone, project cost has not been paid, the City, County, and Drainage District, shall have no obligation to pay the shortfall. SECTION 5 TAX INCREMENT BASE: The "tax increment base" for purposes of calculating the CITY TIRZ INCREMENT, and if the County participates in the Zone the COUNTY TIRZ INCREMENT, and if the Drainage District participates in the Zone the DRAINAGE DISTRICT TIRZ INCREMENT, means the total appraised value of all real property in the Zone that is taxable by the City, the County, and the Drainage District respectively, as of January 1, 2023. SECTION 6 CAPTURED APPRAISED VALUE. The "captured appraised value" for purposes of calculating the annual CITY TIRZ INCREMENT, and if the County participates in the Zone the COUNTY TIRZ INCREMENT, and if the Drainage District participates in the Zone the DRAINAGE DISTRICT TIRZ INCREMENT, means the total real property value taxable (including increase tax values attributable to changes in use) by a taxing unit for a year and located in the Zone for that year less the tax increment base of the unit. SECTION 7 TAX INCREMENT FUND: There is hereby created and established a TIRZ FUND for the Zone. Within the TIRZ FUND, there may be maintained subaccounts as necessary and convenient to carry out the purposes of the Act. The CITY TIRZ INCREMENT, COUNTY TIRZ INCREMENT, and DRAINGE DISTRICT TIRZ INCREMENT shall be deposited into the TIRZ FUND as of the effective date of the Zone. The TIRZ FUND and all subaccounts shall be maintained at the depository bank of the City and shall be secured in the planner prescribed by law for fiends of Texas cities. Prior to termination of the Zone, fiends shall be disbursed from the TIRZ FUND only to pay PROJECT COSTS. The TIRZ FUND shall consist of (i) the percentage of the tax increment, as defined by Section 311.012(a) of the Texas Tax Code, that each taxing unit which levies real property taxes in the Zone, other than the City, has elected to dedicate to the TIRZ FUND under an agreement with the City authorized by Section 311.013(f) of the Texas Tax Code, and (ii) sixty percent (60%) of the City's tax increment as defined by section 311.012(a) of the Texas Tax Code (CITY TIRZ INCREMENT), subject to any binding agreement executed at any time by the City that pledges a portion of such tax incren-ent or an amount of other legally available Rinds whose calculation is based on receipt of any portion of such tax increment. SECTION 8 SEVERABILITY: If any provision, section, subsection, sentence, clause or phrase of this Ordinance, or the application of sane to any person or set of circumstances, is for any reason held to be invalid, the validity of the remaining provisions of this Ordinance or their application to other persons or sets of circumstances shall not be affected thereby, it being the intent of the City Council in adopting this Ordinance that no provision of this Ordinance shall become inoperative because of the invalidity of another provision; and, therefore, all provisions of this Ordinance are declared severable for that purpose. SECTION 9 OPEN MEETINGS: It is hereby found, determined, and declared that sufficient written notice of the date, hour, place and subject of the sleeting of the City Council at which this Ordinance was adopted was posted at a place convenient and readily accessible at all times to the general public at the City Hall of the City for the time required by law preceding its meeting, as required by the Texas Open Meetings Act, Chapter 551 of the Texas Government Code, as amended, and that this meeting has been open to the public as required by law at all times during which this Ordinance and the subject matter hereof has been discussed, considered and formally acted upon. The City Council further ratifies, approves, and confirms such written notice and the contents and posting thereof, SECTION 10. EFFECTIVE DATE: This Ordinance shall take effect immediately upon its passage as provided by law. PASSED BY THE CITY COUNCIL of the City of Beaumont this the 12th day of December, 2023, ATTEST: IOU J--- - AL City Clerk Effective: APPROVED AS TO FORM AND LEGALITY: City Attorney CITY OF BEAUMONT, TEXAS ORDINANCE NO, AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF BEAUMONT, TEXAS, DESIGNATING A GEOGRAPHIC AREA WITHIN THE CITY AS A TAX INCREMENT REINVESTMENT ZONE PURSUANT TO CHAPTER 311 OF THE TEXAS TAX CODE, TO BE KNOWN AS REINVESTMENT ZONE NUMBER ONE, CITY OF BEAUMONT, TEXAS; DESCRIBING THE BOUNDARIES OF THE ZONE; CREATING A BOARD OF DIRECTORS FOR THE ZONE AND APPOINTING MEMBERS OF THE BOARD; ESTABLISHING A TAX INCREMENT FUND (TIRZ FUND) FOR THE ZONE; CONTAINING FINDINGS RELATED TO THE CREATION OF THE ZONE; PROVIDING A DATE FOR THE TERMINATION OF THE ZONE; PROVIDING THAT THE ZONE TAKE EFFECT IMMEDIATELY UPON PASSAGE OF THE ORDINANCE; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City of Beaumont, Texas (the "C�"), pursuant to Chapter 311 of the Texas Tax Code, as amended (the "Act"), may designate a geographic area within the City as a tax increment reinvestment zone if the area satisfies the requirements of the Act; and WHEREAS, the City Council of the City (the "City Council") desires for the City to consider the creation of a tax increment reinvestment zone in the City consisting of approximately 7,384.43 acres depicted on Exhibit A and identified within Exhibit B attached hereto (the "Property'); and WHEREAS, pursuant to and as required by the Act, the City Council prepared a Rehwestinent Zone Nuinber• One, 00) of Beaumont, Textrs, Prelin inary Project and Finance Plan (the "Preliminary Project and Finance Plan") attached hereto as ExhibitB and incorporated herein for all purposes; and WHEREAS, notice of the public hearing on the creation of the proposed zone was published in the Beaumont Enterprise, a newspaper of general circulation within the City, on November 27, 2023, which date is not later than the seventh (7t11) day before the public hearing held on December 5, 2023; and WHEREAS, at the public hearing on December 5, 2023, interested persons were allowed to speak for or against the creation of the zone, the boundaries of the zone, and the concept of tax increment financing, and owners of property in the proposed zone were given a reasonable opportunity to protest the inclusion of their property in the zone; and WHEREAS, evidence was received and presented at the public bearing in favor of the creation of the zone; and WHEREAS, the City has taken all actions required to create the zone including, but not limited to, all actions required by the Act, the Texas Open Meetings Act, and all other laws applicable to the creation of the zone; and WHEREAS, the City desires to appoint initial members to the board of directors of the zone; and WHEREAS, terms used in this Ordinance that have their initial letters capitalized shall have the meanings given to them in this Ordinance; however, terms that are CAPITALIZED IN BOLD shall have the meanings given to them in the Preliminary Project and Finance Plan. NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT, TEXAS: SECTION 1. FINDINGS. (a) The recitals, findings, and determinations contained in the preamble to this Ordinance are incorporated into the body of this Ordinance as if fiilly set forth in this Section and are hereby found and declared to be true and correct legislative findings and are adopted as part of this Ordinance for all purposes. (b) The City Council finds that the PUBLIC IMPROVEMENTS will significantly entrance the value of all the taxable real property in the zone and will be of general benefit to the City. (c) The City Council finds that the proposed zone meets the requirements of Section 311.005(a) of the Act in that: (i) there is a need for essential public infrastructure and economic development programs to attract new business and commercial activity to the proposed zone for the purposes of increasing the real property tax base for all taxing units within the zone, increasing sales and use taxes for the City and the State of Texas, and increasing job opportunities for residents of the City and the region; and (ii) the proposed zone, as shown within Exhibit A, meets the criteria for the creation of a reinvestment zone set forth in Section 311.005 of the Act in that the area is predominantly open or undeveloped and, because of obsolete platting, deterioration of structures or site improvements, or other factors, substantially impairs and arrests the sound growth of the municipality; and (iii) these factors substantially impair and arrest the sound growth of the City. (d) The City Council finds that the proposed zone is a geographic area 100% within the City's corporate limits or extraterritorial jurisdiction. (e) The City Council finds that not more than thirty percent (30%) of the property in the proposed zone, excluding property that is publicly owned, is used for residential purposes, and the total appraised value of taxable real property in the proposed zone and in existing reinvestment zones does not exceed fifty percent (50%) of the total appraised value of taxable real property in the City and in the industrial districts created by the City. (0 The City Council finds that the development or redevelopment of the property in the proposed zone will not occur solely through private investment in the reasonably foreseeable future. (g) The City Council finds that the Preliminary Project and Finance Plan is feasible. (h) The City Council finds that the implementation of the Project and Finance Plan (as defined below) will alleviate the conditions described in Section l(c) above and will serve a public purpose. SECTION 2, DESIGNATION AND NAME OF THE ZONE. Pursuant to the authority of, and in accordance with the requirements of the Act, the City Council hereby designates the Property as a tax increment reinvestment zone. The name assigned to the zone for identification is Reinvestment Zone Number One, City of Beaumont, Texas (the "Zone"). The Zone is designated pursuant to Section- 311.005(a)(2) of the Act. SECTION 3. BOARD OF DIRECTORS. 3.1 The City Council hereby creates a board of directors for the Zone (the "Board") consisting of nine members. Seven members shall be appointed by the City Council to Places 1,2,3,4, 5, 6, and 7. Place 8 shall be appointed by the Cornrnissioners Court of Jefferson County, Texas (the "County"), if the County participates in the Zone. If the County does not participate in the Zone, the Commissioners Court shall be deemed to have waived its right to appoint such members and the Place goes away. Place 9 shall be appointed by the Jefferson County Drainage District No. 6 (the "Drainage District"), if the Drainage District participates in the Zone. If the Drainage District does not participate in the Zone, the Drainage District shall be deemed to have waived its right to appoint such nienlbers and the Place goes away. 3.2 The City Council hereby appoints the following individuals to serve as the initial members of the Board for the terms indicated: Place 1 Mayor Place 2 Mayor Pro Tempore Place 3 Council Member, At -Large Place 4 Council Member, Ward 1 Place 5 Council Member, Ward 2 Place 6 Council Member, Ward 3 Place 7 Council Member, Ward 4 (tern-. expires May, 2025) (term expires May, 2025) (term expires May, 2025) (term expires May, 2025) (term expires May, 2025) (term expires May, 2025) (term expires May, 2025) If applicable, Place 8 shall be appointed by the County for a terra that expires May, 2025. If applicable, Place 9 shall be appointed by the Drainage District for a term that expires May, 2025. Upon expiration of the indicated terms or upon City Council action to reconstitute the initial Board by appointing replacement members, subsequent appointments to fill vacancies shall be for terms of two years. The member appointed to Place 1 shall serve as the chairman of the Board. The Board is authorized to elect a vice-chairman and other officers as determined by the Board. 3.3 The Board shall make recommendations to the City Council concerning the administration, management, and operation of the Zone. The Board shall prepare or cause to be prepared and adopted a project plan and a reinvestment zone financing plan for the Zone (the "Project and Finance Plan") as required by the Act, and shall submit the Project and Finance Plan to the City Council for approval. The Board may enter into agreements as the Board considers necessary or convenient to implement the Project and Finance Plan and reimburse PROJECT COSTS from the TIRZ FUND established pursuant to Section 7 of this Ordinance. 3.4 Directors shall not receive any salary or other compensation for their services as directors. 3.5. Pursuant to Section 311.010(h) of the Act and Article III, Section 52-a of the Texas Constitution, the City Council hereby authorizes the Board, as necessary or convenient to implement the Project and Finance Plan and achieve its purposes, to establish and provide for the administration of one or more programs for the public purposes of developing and diversifying the economy of the Zone, eliminating unemployment and underemployrnent in the Zone, and developing or expanding transportation, business, and commercial activity in the Zone, including programs to make grants of land and buildings and make grants from the TIRZ FUND for activities that benefit the Zone and stimulate business and commercial activity in the Zone. In addition, the City Council hereby authorizes the Board to exercise all of the powers of the City under Chapter 380, Texas Local Goverritnent Code, as amended. SECTION 4. DURATION OF THE ZONE, The Zone shall take effect immediately upon the passage and approval of this Ordinance. The Zone shall terminate on Decen-rber 31, 2053 (with final year's tax due by January 31, 2054), unless otherwise terminated in accordance with this section. The City shall have the right to terminate the Zone prior to the expiration of its stated term if all of the PROJECT COSTS have been paid in fiXll. If upon expiration of the stated terin of the Zone, PROJECT COSTS have not been paid, the City, County, and Drainage District, shall have no obligation to pay the shortfall. SECTION 5. TAX INCREMENT BASE. The "tax increment base" for purposes of calculating the CITY TIRZ INCREMENT, and if the County participates in the Zone the COUNTY TIRZ INCREMENT, and if the Drainage District participates in the Zone the DRAINAGE DISTRICT TIRZ INCREMENT, means the total appraised value of all real property in the Zone that is taxable by the City, the County, and the Drainage District respectively, as of January 1, 2023. SECTION 6, CAPTURED APPRAISED VALUE, The "captured appraised value" for purposes of calculating the annual CITY TIRZ INCREMENT, and if the County participates in the Zone the COUNTY TIRZ INCREMENT, and if the Drainage District participates in the Zone the DRAINAGE DISTRICT TIRZ INCREMENT, means the total real property value taxable (including increase tax values attributable to changes in use) by a taxing unit for a year and located in the Zone for that year less the tax increment base of the unit. SECTION 7. TAX INCREMENT FUND. There is hereby created and established a TIRZ FUND for the Zone. Within the TIRZ FUND, there may be maintained subaccounts as necessary and convenient to carry out the purposes of the Act. The CITY TIRZ INCREMENT, COUNTY TIRZ INCREMENT, and DRAINGE DISTRICT TIRZ INCREMENT shall be deposited into the TIRZ FUND as of the effective date of the Zone. The TIRZ FUND and all subaccounts shall be maintained at the depository bank of the City and shall be secured in the planner prescribed by law for fields of Texas cities, Prior to termination of the Zone, funds shall be disbursed from the TIRZ FUND only to pay PROJECT COSTS. The TIRZ FUND shall consist of (i) the percentage of the tax increment, as defined by Section 311.012(a) of the Texas Tax Code, that each taxing unit which levies real property taxes in the Zone, other than the City, has elected to dedicate to the TIRZ FUND under an agreement with the City authorized by Section 311,013(f) of the Texas Tax Code, and (ii) sixty percent (60%) of the City's tax increment as defined by section 311.012(a) of the Texas Tax Code (CITY TIRZ INCREMENT), subject to any binding agreement executed at any time by the City that pledges a portion of such tax increment or an amount of other legally available funds whose calculation is based on receipt of any portion of such tax increment. SECTION S. SEVERABILITY. If any provision, section, subsection, sentence, clause or phrase of this Ordinance, or the application of same to any person or set of circumstances, is for any reason held to be invalid, the validity of the remaining provisions of this Ordinance or their application to other persons or sets of circumstances shall not be affected thereby, it being the intent of the City Council in adopting this Ordinance that no provision of this Ordinance shall become inoperative because of the invalidity of another provision; and, therefore, all provisions of this Ordinance are declared severable for that purpose. SECTION 9. OPEN MEETINGS. It is hereby found, determined, and declared that sufficient written notice of the date, hour, place and subject of the meeting of the City Council at which this Ordinance was adopted was posted at a place convenient and readily accessible at all times to the general public at the City Hall of the City for the time required by law preceding its meeting, as required by the Texas Open Meetings Act, Chapter 551 of the Texas Government Code, as amended, and that this meeting has been open to the public as required by law at all times during which this Ordinance and the subject platter hereof has been discussed, considered and formally acted upon. The City Council finrther ratifies, approves, and confirms such written notice and the contents and posting thereof. SECTION 10. EFFECTIVE DATE. This Ordinance shall take effect immediately upon its passage as provided by law. PASSED, APPROVED, AND ADOPTED ON THIS 12t�' DAY OF DECEMBER, 2023. Mayon• ATTEST: City Clerk Effective: APPROVED AS TO FORM AND LEGALITY: City Attorney No Text r 1 y Y og "M cam GIR 1 s',,,,, €g,r r ,� s r ''; �� ,e x ♦i Atilt., a `. f � r^�", IY`Y -�;` �=r��,:a � •r� � � 3 � � �� �I ! I�I'j��L r< ✓ .��'i1 -�"` u�. -.'` ,.,.. r-z.. -�w`' -�� ,;� -7 i Y a � � -'GAY j� J r I` 3x ✓2'`"" r M,-�, i"'"' 3� t ?� Up ' Y v ✓ ✓ s HIS fffi, i5 E3 MU „�� W NO {p \ #�JL. I♦� ,..:J`\ ...17 Fi.u.y+.wA .6o xv i.i S S # �E 01 ,ram Y - Wy MI11k9 PRELIMINARY PROJECT AND FINANCE PLAN REINVESTMENT ZONE NUMBER ONE, CITY OF BEAUMONT, TEXAS PRELIMINARY PROJECT AND FINANCE PLAN DECEMBER 12, 2023 TABLE OF CONTENTS Tableof Contents.........................................................................................................................................1 Section1: Definitions....................................................................................................................................2 Section2: Introduction.................................................................................................................................5 Section 3: Description and Maps..................................................................................................................7 Section 4: Proposed Changes to Ordinances, Plans, Codes, Rules, and Regulations....................................7 Section 5: Relocation of Displaced Persons..................................................................................................8 Section 6: Estimated Non -Project Costs.......................................................................................................8 Section 7: Proposed Public Improvements...................................................................................................8 Section 8: Estimated Project Costs...............................................................................................................8 Section9: Feasibility Study...........................................................................................................................9 Section 10: Estimated Bonded Indebtedness.............................................................................................10 Section11: Appraised Value.......................................................................................................................10 Section 12: Method of Financing................................................................................................................10 Section 13: Duration of the Zone, Termination..........................................................................................11 Section 14: Economic Development Program-- ... ......... ........ .................... ................................. 11 Listof Exhibits.............................................................................................................................................12 ExhibitA— Map of the Zone.......................................................................................................................13 ExhibitB — Non -Project Costs.....................................................................................................................14 Exhibit C — List of Project Costs...................................................................................................................15 Exhibit D -- Estimated Timeline of incurred Project Costs..........................................................................16 Exhibit E-1— Feasibility Study.....................................................................................................................17 Exhibit Eu2 — Feasibility Study — City Only...................................................................................................19 Exhibit F — Proposed Uses of the Property.................................................................................................19 Exhibit G — Map of the Public Improvements.............................................................................................20 Exhibit H -- Parcel Identification... .......................................................................... ................................... .21 REINVESTMENT ZONE NUMBER ONE, CITY OF BEAUMONT, TEXAS PRELIMINARY PROJECT AND FINANCE PLAN SECTION 1: DEFINITIONS Capitalized terms used in this Preliminary Plan shall have the meanings given to them in Section I below unless otherwise defined in this Preliminary Plan or unless the context in which a term is used clearly requires a different meaning. Unless otherwise defined, a reference to a "Section," or an "Exhibit," shall be a reference to a Section of this Preliminary Plan or an Exhibit attached to and made a part of this Preliminary Plan for all purposes. "Act" means Chapter 311, Texas Tax Code, Tax Increment Financing Act, as amended. "Administrative Costs" means the actual, direct costs paid or incurred by or on behalf of the City to administer the Zone, including reasonable charges for the time spent by employees of the City in connection with the implementation of the Final Plan, planning, engineering, legal services, organizational costs, publicizing costs, costs of operating the Zone and project facilities paid by or on behalf of the City that are directly related to the administration of the Zone, as well as payments made at the discretion of the governing body of the municipality that it finds necessary or convenient to the creation of the Zone or to the implementation of the Final Plan for the Zone. "Appraisal District" means the Jefferson Central Appraisal District. "Board" means the Board of Directors for the Zone. "Captured Appraised Value" means the new taxable value generated beyond the Tax Increment Base for each year during the term of the Zone. "City" means the City of Beaumont, Texas. "City Council" means the governing body of the City. "City TIRZ Increment" means the portion of the City's ad valorem tax increment equal to sixty percent (60%) of the ad valorem real property taxes collected and received by the City on the Captured Appraised Value in the Zone, as further described in Section 12. "County" means Jefferson County, Texas. "County Participation Agreement" means that certain agreement anticipated to be entered into by the City and the County detailing the County's participation in the Zone. "County TIRZ Increment" means sixty percent (60%) of the County's ad valorem real property taxes collected on the Captured Appraised Value in the Zone, and deposited into the TIRZ No, 1 Fund pursuant to the County Participation Agreement. REINVESTMENT ZONE NUMBER ONE, CITY OF BEAUMONT, TEXAS 2 PRELIMINARY PROJECT AND FINANCE PLAN "Creation ordinance" means the ordinance adopted by the City creating and designating the Zone. "Downtown Revitalization Program" means the City's program for the downtown area, as identified on .Exhibit G, which includes fagade renovations, downtown master plans, public infrastructure supporting downtown, and economic development programs as designated by the Board and City Council. "Drainage District" means Jefferson County Drainage District No. 6. "Drainage District Participation Agreement" means that certain agreement anticipated to be entered into by the City and the Drainage District detailing the Drainage District's participation in the Zone. "Drainage District TIRZ Increment" means sixty percent (60%) of the Drainage District's ad valorem real property taxes collected on the Captured Appraised Value in the Zone, and deposited into the TIRZ No. 1 Fund pursuant to the Drainage District Participation Agreement. "Economic Development Provision" means Section 811.010(h) of the Act, Chapter 380 of the Texas Local Government Code, and Article III, Section 52-a, Texas Constitution, as amended. "Economic Development Program" means the economic development program authorized by the Economic Development Provision, which allows the Board, subject to the approval of the City Council, to establish and provide for the administration of one or more programs necessary or convenient to implement and achieve the purposes of the Final Plan, which programs are for the public purposes of developing and diversifying the economy of the Zone and developing business and commercial activity within the Zone, and may include programs to make grants of any lawfully available money from the TIRZ Fund, including activities that benefit the Zone and stimulate business and commercial activity in the Zone. "Feasibility Study" means the economic feasibility study as prepared at the time of the Preliminary Plan and updated when the Final Plan is updated or amended, and focuses only on direct financial benefits, as further described in Section 9, and shown on Exhibit E-1, and Exhibit E-2. "Final Plan" means the future Reinvestment Zone [Number One, City of Beaumont, Texas Final Project and Finance Plan. REINVESTMENT ZONE NUMBER ONE, CITY OF BEAUMONT, TEXAS 3 PRELIMINARY PROJECT AND FINANCE PLAN "Preliminary Plan" means this Reinvestment Zone Number One, City of Beaumont, Texas Preliminary Project and Finance Plan. "Project Costs" means the total costs for projects in the Zone, including the cost of the Public Improvements and Administrative Costs. "Property" means 7,384.43 acres of land as depicted on Exhibit A and identified on Exhibit H. "Public Improvements" means the proposed public improvements to be financed by the Zone, which includes public facilities, roads, storm drainage, utilities, professional services, and Downtown Revitalization Program, as depicted on Exhibit G, and detailed on Exhibit C. "Tax Increment Base" means total appraised value of taxable real property in the Zone at the time of creation of the Zone. "TIRZ No. 1 Fund" means the tax increment fund created by the City and segregated from all other funds of the City. "Zone" means Reinvestment Zone Number One, City of Beaumont, Texas, as depicted on Exhibit A, and identified on Exhibit H. REINVESTMENT ZONE NUMBER ONE, CITY OF BEAUMONT, TEXAS 4 PRELIMINARY PROJECT AND FINANCE PLAN SECTION 2: INTRODUCTION 2.1 Authority and Purpose The City has the authority under the Act to designate a contiguous or noncontiguous geographic area within the corporate limits or extraterritorial jurisdiction of the City as a tax increment reinvestment zone to promote development or redevelopment of the area because the City Council determined that development or redevelopment would not occur solely through private investment in the reasonably foreseeable future, that the zone is economically feasible, and that creation of the Zone is in the best interest of the City and the property in the Zone. The purpose of the Zone is to facilitate such development or redevelopment by financing the costs of public works, public improvements, programs, economic development grants, and other projects benefiting the Zone, plus other costs incidental to those expenditures, all of which costs are authorized by the Act. 2.2 Eligibility Requirements An area is eligible under the Act to be designated as a tax increment reinvestment zone if the area: 1) substantially arrests or impairs the sound growth of the municipality designating the Zone, retard the provision of housing accommodations, or constitutes an economic or social liability and is a menace to the public health, safety, morals, or welfare in its present condition; or 2) is predominantly open or undeveloped and, because of obsolete platting, deterioration of structures or site improvements, or other factors, substantially impairs or arrests the sound growth of the City; or 3) is in a federally assisted new community located in the City or in an area immediately adjacent to a federally assisted new community; or 4) is in an area described in a petition requesting that the area be designated as a reinvestment zone, if the petition is submitted to the governing body of the City by the owners of property constituting at least fifty percent (50%) of the appraised value of the property in the area according to the most recent certified appraisal roll for the county in which the area is located. The City cannot, however, designate a zone if more than thirty percent (30%) of the property in the proposed zone, excluding property that is publicly owned, is used for residential purposes, or if the total appraised value of taxable real property in the proposed zone and in existing reinvestment zones exceeds fifty percent (50%) of the total appraised value of taxable real property in the City and in industrial districts created by the City. REMENEENIMNOW REINVESTMENT ZONE NUMBER ONE, CITY OF BEAUMONT, TEXAS PRELIMINARY PROJECT AND FINANCE PLAN 2.3 Proposed Zone The Property within the proposed Zone is currently located within the corporate limits and extraterritorial jurisdiction of the City. The Property is primarily open, undeveloped, or underdeveloped, and substantially impairs and arrests the sound growth of the City, Due to its size, location, and physical characteristics development would not occur solely through private investment in the foreseeable future. The Property lacks public infrastructure and requires economic incentive to attract development for the purpose of providing long-term economic benefits including, but not limited to, increased real property tax base for all taxing units in the Zone. If the Public Improvements are financed as contemplated by this Preliminary Plan, the City envisions that the Property will be developed to take full advantage of the opportunity to bring to the City, a quality development, 2.4 Preliminary Plan and Hearing Before the City Council adopts the Creation Ordinance, the City Council must prepare a Preliminary Plan in accordance with the Act and hold a public hearing on the creation of the Zone and its benefits to the City and to the Property, at which public hearing interested persons shall be given the opportunity to speak for and against the creation of the Zone, the boundaries of the Zone and the concept of tax increment financing, and at which hearing the owners of the Property shall be given a reasonable opportunity to protest the inclusion of their Property in the Zone. The requirement of the Act for a preliminary reinvestment zone financing plan was satisfied by this Preliminary Plan, the purpose of which was to describe, in general terms, the Public Improvements that will be undertaken and financed by the Zone. A description of how such Public Improvements and projects will be undertaken and financed shall be determined by the Final Plan, which requires approval by the Board and City Council. 2.5 Creation of the Zone Upon the closing of the alcove referenced public hearing, the City Council shall consider the Creation Ordinance and the following findings: 1) that development or redevelopment of the Property would not occur solely through private investment in the reasonably foreseeable future, and 2) that the Zone is feasible, and 3) that improvements in the Zone will significantly enhance the value of all the taxable real property in the Zone and will be of general benefit to the City, and 4) that the Zone meets the eligibility requirements of the Act. Among other provisions required by the Act, the Creation Ordinance shall appoint the Board. REINVESTMENT ZONE NUMBER ONE, CITY OF BEAUMONT, TEXAS 6 PRELIMINARY PROJECT AND FINANCE PLAN 2.6 Board Recommendations After the creation of the Zone, the Board shall review the Final Plan and recommend its approval to the City Council pursuant to which the City shall contribute the City TIRZ Increment into the TIRZ No. 1 Fund to pay a portion of the Project Costs benefiting the Zone. After the creation of the Zone, the Board shall review the Final Plan, and recommend its approval to the City Council. SECTION 3: DESCRIPTION AND MAPS 3.1 Existing Uses and Conditions The Property is currently zoned Light Industrial, Residential Multiple -Family Dwelling -- Highest Density District, General Commercial Multiple -Family Dwelling District, General Commercial Multiple -Family Dwelling-2 District, Commercial -Manufacturing District, Port Development District, Residential Conversation and Revitalization District, Commercial Business District, Residential Single -Family Dwelling District, and Neighborhood Commercial District. The Property is primarily undeveloped or underdeveloped, and there is limited and inadequate public infrastructure to support development. Development requires extensive public infrastructure that: (1) the City could not provide, and (2) would not be provided solely through private investment in the foreseeable future. 3.2 Proposed Uses The proposed uses of the Property in the City include residential, commercial, and industrial, as shown on Exhibit F. 3.3 Parcel Identification The metes and bounds identified on Exhibit H provide sufficient detail to identify with ordinary and reasonable certainty the territory included in the Zone. SECTION 4: PROPOSED CHANGES TO ORDINANCES, PLANS, CODES, RULES, AND REGULATIONS The Property is wholly located in the corporate limits and extraterritorial jurisdiction of the City and is subject to the City's zoning regulation. The City has exclusive jurisdiction over the subdivision and platting of the property within the City limits as well as the design, construction, installation, and inspection of water, sewer, drainage, roadway, and other public infrastructure. No proposed changes to zoning ordinances, comprehensive plan, building codes, subdivision rules, or other municipal ordinances will impact existing residents within the Zone. REINVESTMENT ZONE NUMBER ONE, CITY OF BEAUMONT, TEXAS 7 PRELIMINARY PROJECT AND FINANCE PLAN SECTION 5: RELOCATION OF DISPLACED PERSONS No persons shall be displaced and in need of relocation due to the creation of the Zone or due to the implementation of the Final Plan, SECTION 6: ESTIMATED NON -PROJECT COSTS Non -Project Costs are costs that will be spent to develop in the Zone but will not be financed by the Zone, and will be financed by other funds. The list of Non -Project Costs is shown on Exhibit B, and are estimated to be approximately $1,177,949,000. SECTION 7: PROPOSED PUBLIC IMPROVEMENTS 7.1 Categories of Public Improvements All Public Improvements shall be designed and constructed in accordance with all applicable City standards and shall otherwise be inspected, approved, and accepted by the City. At the City's option, the Public Improvements may be expanded to include any other category of improvements authorized by the Act, including Texas Local Government Code Chapter 380. 7.2 Location of Public Improvements The estimated locations of the proposed Public Improvements are depicted on Exhibit G. These locations may be revised, with the approval of the City, from time to time without amending the Final Plan. SECTION 8: ESTIMATED PROJECT COSTS 8.1 Project Costs The total Project Costs for projects in the Zone, which includes the cost of the Public Improvements and the Administrative Costs, are estimated to be approximately $180,256,681, as shown on Exhibit C. 8.2 Estimated Costs of Public Improvements The estimated Public Improvements Costs within the Zone are approximately $179,851,000, as shown on Exhibit C. REINVESTMENT ZONE NUMBER ONE, CITY OF BEAUMONT, TEXAS 8 PRELIMINARY PROJECTAN© FINANCE PLAN 8.3 Estimated Administrative Costs The Administrative Costs are estimated to be $10,000 annually and escalating at two percent (2%) thereafter, and shall be paid each year from the TIRZ No. 1 Fund before the costs of Public Improvements are paid. 8.4 Estimated Timeline of Incurred Costs The Administrative Costs will be incurred annually beginning at the time the Zone is created and through the duration of the Zone. It is estimated the costs of the Public Improvements will be incurred between calendar years 2024 and 2036, as shown on Exhibit D. SECTION 9: FEASIBILITY STUDY The Feasibility Study, as shown on Exhibit E-1 and Exhibit E-2, focuses on only direct financial benefits (Le. ad valorem tax revenues from the development of Public Improvements in the Zone). Based on the Feasibility Study, during the term of the Zone, new development (which would not have occurred but for the Zone) will generate approximately $234,367,088 in total new real property tax revenue for the participation taxing entities. The total contribution from all participating entities is estimated to be $140,620,253. The remaining new real property tax revenue over that period, estimated at $93,746,835, shall be retained by the participating entities. The Feasibility Study shows the cumulative City TIRZ Increment is estimated to be $77,726,908, which will be available to pay a portion of the Project Costs, until the term expires or is otherwise terminated. The remainder of the new City real property tax revenue generated within the Zone and retained by the City is estimated to be $51,817,9339 over the remaining term. The Feasibility Study shows the cumulative County TIRZ Increment is estimated to be $40,945,817, which will be available to pay a portion of the Project Costs, until the term expires or is otherwise terminated. The remainder of the new County real property tax revenue generated within the Zone and retained by the County is estimated to be $27,297,211 over the remaining term. The Feasibility Study shows the cumulative Drainage District TIRZ Increment is estimated to be $21,947,528, which will be available to pay a portion of the Project Costs, until the term expires or is otherwise terminated. The remainder of the new Drainage District real property tax revenue generated within the Zone and retained by the Drainage District is estimated to be $14,631,685 over the remaining term. One hundred percent (100%) of all taxing revenues generated for other taxing entities by the new development within the Zone will be retained by the respective taxing entities, unless the REINVESTMENT ZONE NUMBER ONE, CITY of BEAUMONT, TEXAS 9 PRELIMINARY PROJECT AND FINANCE PLAN taxing entity participates in the Zone. Based on the foregoing, the feasibility of the Zone has been demonstrated. SECTION 10: ESTIMATED BONDED INDEBTEDNESS No tax increment reinvestment zone bonds or public indebtedness by the City secured by the tax increments pursuant to the Act, is contemplated. SECTION 11: APPRAISED VALUE 11.1 Tax Increment Base The Tax Increment Base of the Zone at the time of creation is estimated to be $1,961,248,092, and shall be confirmed by the Appraisal District. Each year, the Appraisal District shall confirm the current Captured Appraised Value. 11.2 Estimated Captured Appraised Value It is estimated that upon expiration of the term of the Zone, the total Captured Appraised Value of taxable real property in the Zone will be approximately $3,319,048,092, as shown on Exhibit E-1. The actual Captured Appraised Value, as certified by the Appraisal District, for each year, will be used to calculate the annual City TIRZ Increment, and if applicable, the County TIRZ Increment and the Drainage District TIRZ Increment. SECTION 12: METHOD OF FINANCING The Final Plan shall obligate the City to deposit the City TIRZ Increment into the TIRZ No. 1 Fund beginning in 2024. For example, in FY 2023, the City's ad valorem tax rate was $0,681485 per $100 of taxable value, therefore the City would contribute $0.408891 per $100 of the Captured Appraised Value in the Zone levied and collected, to the TIRZ No. 1 Fund. If applicable, the County Participation Agreement shall obligate the County to deposit the County TIRZ Increment into the TIRZ No. 1 Fund beginning in 2024. For example, in FY 2023, the County's ad valorem tax rate was $0.359000 per $100 of taxable value, therefore the County would contribute $0,215400 per $100 of the Captured Appraised Value in the Zone levied and collected, to the TIRZ No. 1 Fund. If applicable, the Drainage District Participation Agreement shall obligate the Drainage District to deposit the Drainage District TIRZ Increment into the TIRZ No. 1 Fund beginning in 2024. For example, in FY 2023, the Drainage District ad valorem tax rate was $0.192429 per $100 of taxable REINVESTMENT ZONE NUMBER ONE, CITY OF BEAUMONT, TEXAS 10 PRELIMINARY PROJECT AND FINANCE PLAN value, therefore the Drainage District would contribute $0,1154574 per $100 of the Captured Appraised Value in the Zone levied and collected, to the TIRZ No. 1 Fund. All payments of Project Costs shall be made solely from the TIRZ No. 1 Fund and from no other funds of the City, the County or the Drainage District unless otherwise approved by their respective governing bodies. The TIRZ No, 1 Fund shall only be used to pay the Project Costs. The City may amend the Final Plan including but not limited to what is considered a Project Cost. SECTION 13: DURATION OF THE ZONE, TERMINATION 13.1 Duration The stated term of the Zone shall commence upon the execution of the Creation Ordinance and shall continue until December 31, 2053, with the last increment being deposited by January 31, 2054, unless otherwise terminated in accordance with the Creation Ordinance, and Section 13.2 below. 13.2 Termination The Zone shall terminate on the earlier of (i) December 31, 2053, or (ii) at such time that the Project Costs have been paid in full. If upon expiration of the stated term of the Zone, the obligations of the Zone have not been fully funded by the TIRZ No. 1 Fund, the City, the County, and the Drainage District shall have no obligation to pay the shortfall and the term shall not be extended. Nothing in this section is intended to prevent the City from extending the term of the Zone in accordance with the Act. SECTION 14: ECONOMIC DEVELOPMENT PROGRAM The City Council and the Board have determined it to be necessary and convenient to the accomplishment of the objectives of the Zone to establish and provide for the administration of the Economic Development Program that may be used to incentivize development. The Economic Development Program established in this Section is authorized by the Economic Development Provision. The Economic Development Program will further the public purpose of developing and diversifying the economy of the Zone. All grants that are part of the Economic Development Program serve the public purpose of attracting new business and commercial activity to the Zone for the purpose of providing long-term economic benefits including, but not limited to, increases in the real property tax base for all taxing units within the Zone, and increased jab opportunities for residents of the City, County, and the region. REINVESTMENT ZONE NUMBER ONE, CITY OF BEAUMONT, TEXAS 11 PRELIMINARY PROJECT AND FINANCE PLAN LIST OF EXHIBITS Unless otherwise stated, all references to "Exhibits" contained in this Preliminary Plan shall mean and refer to the following exhibits, all of which are attached to and made a part of this Preliminary Plan for all purposes. Exhibit A Map of the Zone Exhibit B Ikon -Project Costs Exhibit C List of Project Costs Exhibit D Estimated Timeline of Incurred Project Costs Exhibit E-1 Feasibility Study Exhibit E-2 Feasibility Study — City Only Exhibit F Proposed Uses of the Property Exhibit G Map of the Public Improvements Exhibit H Legal Description REINVESTMENT ZONE NUMBER ONE, CITY OF BEAUMONT, TEXAS 12 PRELIMINARY PROJECT AND FINANCE PLAN LU N a a m LXL! I 9 EXHIBIT B -- NON -PROJECT COSTS .. ..... . .. ... .. Non Project Cpstis1,2 Total • -. Development1,357,800,000 Total Public Improvement Costs 179,851,000 Estimated `Non Project Cgsts $ 1,177,949;Q00 REINVESTMENT ZONE NUMBER ONE, CITY OF BEAUMONT, TEXAS 14 PRELIMINARY PROJECT AND FINANCE PLAN EXHIBIT C - LIST OF PROJECT COSTS Facilities F-1 Lake District Restroom Facility $ 685,000 Facilities F-2 City Hall Courtyard & Plaza Renovations $ 1,190,000 Facilities T-3 New Restroom Facility at the Athletic Complex No. 3 $ 406,000 Facilities F-4 555 Main Street Plaza/Riverfront Park Extension $ 8,770,000 Facilities T-5 Civic Center Improvements $ 15,o00,000 Downtown D-1 Downtown Revitalization Program; Fa§ade Renovation $ 6,000,000 Parks ` P-1 Rehabilitation of Parking Lots and Engelbrecht Drive Rehabilitation $ 1,200,000 Recreation R-1 Athletic Complex4 Baseball Fields Conversion $ 6,500,000 Storm Drainage 513-1 Corley Diversion Phase 2 $ 15,000,000 Streets ST-1 Carroll & Sycamore Street Roadway Rehabilitation $ 1,700,000 Streets ST-2 Park Street Roadway Rehabilitation $ 2,500,000 Streets ST-3 Jim Gilligan Roadway Rehabilitation $ 1,500,000 Streets ST-4 Highland Ave Bridge Replacement $ 700,000 Utilities U-1 Transmission/Distribution Lines Relocation $ 4,700,000 Water W-1 Downtown Waterway Feature $ 114,000,000 Subtotal $ 179,851,000 Administrative Costs $ 405,681 Drainage District No. 6 Project REINVESTMENT ZONE NUMBER ONE, CITY OF BEAUMONT, TEXAS 15 PRELIMINARY PROJECT AND FINANCE PLAN EXHIBIT D - ESTIMATED TIMELINE OF INCURRED PROJECT COSTS Annual Cumulative Base !2023 $ - $ 1 24 $ 25,693,000 $ 25,693,000 2 2025 $ - $ 25,693,000 3 2026 $ 25,693,000 $ 51,386,000 4 2027 $ - $ 51,386,000 5 2028 $ 25,693,000 $ 77,079,000 6 2029 $ - $ 77,079,000 7 2030 $ 25,693,000 $ 102,772,000 8 2031 $ - $ 102,772,000 9 2032 $ 25,693,000 $ 128,465,000 10 2033 $ _ $ 128,465,000 11 2034 $ 25,693,000 $ 154,158,000 12 2035 $ - $ 154,158,000 13 2036 $ 25,693,000 $ 179,851,000 14 2037 $ - $ 179,851,000 15 2038 $ - $ 179,851,000 Total $ 179,851,000 REINVESTMENT ZONE NUMBER ONE, CITY OF BEAUMONT, TEXAS 16 PRELIMINARY PROJECT AND FINANCE PLAN No Text EXHIBIT E-2 - FEASIBILITY STUDY -- CITY ONLY REINVESTMENT ZONE NUMBER ONE, CITY OF BEAUMONT, TEXAS 18 PRELIMINARY PROJECT AND FINANCE FLAN EXHIBIT F — PROPOSED USES OF THE PROPERTY 6 1 2f` i<Fn var = OTKEA r Tins AC71VM CVffER C0NCERr Frpma'Cc*sk. .. o--�v REINVESTMENT ZONE NUMBER ONE, CITY OF BEAUMONT, TEXAS 19 PRELIMINARY PROJECT AND FINANCE PLAN ca - •"f' ! • •fit::: qx a r J 1.)p YL MIN ✓�,g7 ��,,� �� v M. all IW f ...}, -' `' �� I}� r �1: �_ r t a r 1-e f WINID.-`air pp -ateIL '' ��t 6 Its :1 xi a...-. 3. >ar��:•.: ;ua�i+r,,..��,, i � �lui� �9 ,..� 1 �3 Yk. .al ^1 :tf EXHIBIT H — PARCEL IDENTIFICATION [Remainder of page left intentionally blank,] REINVESTMENT ZONE NUMBER ONE, CITY OF BEAUMONT, TEXAS 21 PRELIMINARY PROJECT AND FINANCE PLAN " • E 956 `` ' ^ E 79777 a • E 123173 s • E 128282:..: • � t • E 42936 9771 79780 123174 128283 42937 9772 19781 123183 128285 ..42938 9775 79782 123187 128292 42939 23402 79784 123193 :: 128293'.'. 42940 23405 79785 123253 128295 42941 23406 79786 123255 128296 42942 27541 94734 123301 128304 42943 32038. 94736 123302. .128306 42944 32044 94737 123305 128307 42945 32046.; .'.. ':94738 123310 128308 :`. 42946 35126 97747 123353 128311 42947 97754 123354 ..' ` 128315. ;.. 42948 . 35156 97760 123357 128318 42949 35157: 97761 123358 128328``.` 42950 35173 97763 123359 128420 42951 35174. 97764 .423360 133523.< .42952 35177 97765 123366 133528 42953 35178. `? 97765 123385 238958 %; 42954 35181 97767 123427 245604 42955 35183.'' 97787 127968 250889 42956 35185 97788 127972 42863 42957 $5186; 97789 127975 42865 :'. 42958 35187 97790 127976 42866 42959 39336 :97794 127977 42867. 42960 39338 97809 127978 42868 42961 '.47868. ' 97902 '127979 42869 42962 49040 97903 127981 42870 111439 50664.` 97908 127982 '42871 ` 111441 50666 97909 128031 42872 111442 `50667: 107.612 ..128205 42874 ' . 111443 69446 107613 128211 42875 111446 69471 107631 128222 42876 111447 69508 122457 128224 42929 111512 69509.' 122505 .128225 42930 111513 72669 122519 128229 42931 111514 72670` 122529 128231 42932 111515... 72681 122530 128262 42933 111516 72682;'.. 122531 128263 42934 72683 123167 128268 42935 5395 REINVESTMENT ZONE NUMBER ONE, CITY OF BEAUMONT, TEXAS PRELIMINARY PROJECT AND FINANCE PLAN 22 5399 ;. 5471 5551 .. 5666 . ; .: ...13631. 5401 5474 5552 5667 13632 5402 `5475 5553 5668 13633 5403 5476 5563 5683 13641 5464 ', 5477 5564 5684 13642. . 5405 5478 5566 5685 13643 5406 5479 5567 5686.''` -13647. 5407 5480 5578 5690 13648 :5408 5490 5579 `5691 13652 5409 5492 5580 5692 13657 5411 5493 5581 13583 `. 13658 5415 5494 5582 13596 13659 5420 5495 5583 13597 13660 5422 5496 5584 13598 13661 5423 5497 5585 13599 .`13666 5424 5498 5601 13600 13667 5425 5499 5612 13601 ';:' 13668 5426 5500 5613 13604 13669 5427 5501 5614 13605 `:13670 5428 5502 5615 13606 13671 5429'` 5504 5617 13607 '. 13672 5430 5505 5618 13608 13673 5431 :.. ` 5506 5619 ....13609 13674 5432 5507 5620 13610 13675 5439 ';` 5508 5623 13611 '' :'' 13676 5450 5510 5624 13612 13677 5454',' 5511 5625 13613 13678 .' 5455 5536 5626 13614 13679 5456 .'.: 5537 5629 136.15.: ' 13680 5457 5538 5633 13616 13681 5459 .....5539 .``5637...::: 13617 ` '' 13682 5460 5540 5638 13618 13683 5461 5542 5639 13620 : 13684 5462 5543 5641 13621 13685 5463 5545 5642 13623 13686 5464 5546 5643 13624 13696 .5465 ;; 5547 5644 13626':` 13697 5466 5548 5657 13627 13698 5467.'. .....5549 5658. 13629 13699 5470 5550 5665 13630 13700 REINVESTMENT ZONE NUMBER ONE, CITY OF BEAUMONT, TEXAS 23 PRELIMINARY PROJECT AND FINANCE PLAN 13701'< 13766 .13831 13891 15160 13702 13767 13832 13892 15161 13703' = :13768 13833 13893...... 15375 13704 13769 13836 13894 15376 13705 1377.4 =13838 13895:: 15377 13713 13776 13839 13904 15378 13714 ..`; .13777 13840 13906 . '; `' 15379 13715 13778 13841 13907 15380 13716 13779 . 13842 13910 .`. ...15381 19147 13718 13785 13843 13912 13721 13786 13844 `13917. `' 19148 13723 13787 13845 13918 19149 13724: 13788 13846.. 13919 ', 19150. 13725 13789 13847 13920 19151 13726.` 13790 13848 13921 `- 19152 13727 13791 13849 13922 19153 13728' 13792 .13852 13923 :`.` 19154 13729 13793 13864 13924 19155 13730 `:.... 13794 .. 13865 13925 '' ' `:` 19156 13731 13795 13866 13926 19157 13732` 13796 13867 .13927 19158 13735 13797 13868 13928 19159 13736 13798 13869:....: `13929 : ` 19160 13737 13803 13870 13930 19161 13738 13806 13871 `13931'``: 19162 13739 13807 13873 13932 19163 13740 13808 .. 13874 15140` 19164 13741 13809 13875 15141 19165 13742.. 13812 13876 15142 .`19166 13743 13815 13877 15143 19167 137.44' 13816 13878 15144 ,:: 19168 13745 13817 13879 15151 19169 137.4.6 ` :13821 .:13880 15152 `: 19170 . 13747 13822 13881 15153 19171 13748.. 13823...13892 `15154.'' .`19172 13749 13825 13884 15155 19173 :13750 13826 13885 15156 `' 19174 13751 13828 13886 15157 19175 13762' 13829 13887 :15158:' :.19176 13765 13830 13890 15159 19177 REINVESTMENT ZONE NUMBER ONE, CITY OF BEAUMONT, TEXAS 24 PRELIMINARY PROJECTAND FINANCE PLAN 19178: '` 206$4 20725 20766;ij 20810.:.'. 19179 20685 20726 20767 20811 19180 20686 20727 20768 20812 20632 20687 20728 20769 20813 20633:: .' :20688 20729 :20770 ''': 20814 20635 20689 20730 20771 20815 20636 20690. 20731.....: 20772 :: :.20816 20637 20691 20732 20773 20817 .20638. 20692 20733 .20774 :' :: `20818 20639 20693 20734 20775 20819 20640: 20694 20735 20776 20820. 20641 20695 20736 20777 20821 20642' 20696 20737 20780 '::: 20822 20643 20697 20738 20781 20823 >20644 :` 20698. 20739 20782 .'. 20824 20645 20699 20740 20783 20825 20646` 20700 20741 20784... 20826 20647 20701 20742 20785 20827 20648 20702 20743 20786.:`. 20828 20649 20703 20744 20787 22034 20651 " 207.04 .20745 20788 ''`' 22035 20652 20705 20746 20789 22036 20653.:.': 20706 . ;" .20747 20790 ' .:.23388 20654 20708 20748 20791 23389 : 20655 : ..20709. 20749 :20792 :. 23390 20656 20710 20750 20793 23391 20657 : 20711 20751 20794 23392 20660 20712 20752 20795 32885 20661 20713 20753 20796 '. 32886 20662 20714 20754 20797 32887 .20663 20715 20755 20798..32888 20675 20716 20756 20799 32889 20676.. : .20717 20757 20800 32890 20677 20718 20758 20803 32891 20678. 20719 20759 20804 `.: .`32892 20679 20720 20760 20805 32893 20680!'.:::' 20721 20761 20806 .:` 32894 20681 20722 20763 20807 34941 20682'.` 20723 20764 20808: 34942 20683 20724 20765 20809 34943 REINVESTMENT ZONE NUMBER ONE, CITY OF BEAUMONT, TEXAS 25 PRELIMINARY PROJECT AND FINANCE PLAN 34955 408718 49.990. 50032 `; 5.0078 34956 49633 49991 50033 50080 34957. 49634 49992 50034 `.' 50082 34960 49635 49993 50035 50083 .34961' 49636 49994 50036 :`':' $0.08.4 34962 49637 49995 50037 50086 34963. 49639 49996 .:50038 50087 34964 49642 49997 50039 50088 3517.5.` 49643 :49998. `. 50040 50089 35265 49644 49999 50041 50091 :35266.`: .49645 50000 .' 50042 50093 35268 49646 50001 50045 50094 35269` ;' 49656 50002 50046 50095 35271 49659 50003 50047 50096 35272': 49678 50004 50048 50097 35273 49679 50005 50049 50098 35274' :" 49680 50006 50050.. i 50099 35276 49697 50007 50051 50100 .35277, 49698.. 50.008 50052:' 50101 35278 49699 50009 50053 50102 35279. 49700 50010 50054 ' ': 50103 35280 49701 50011 50055 50104 =35281 49702 50012 `50056 50105 35282 49706 50013 50057 50106 35283. 497.07 50014 ..: ``50058 50107 35284 49709 50015 50059 50108 35285.`:...:' 49710 50016 50061 ': 50109 35286 49737 50017 50062 50110 35287` 49740 50018 50063 50111 35288 49744 50019 50064 50112 35289 = 49750 50020 50065 '' 50113 35290 49751 50021 50067 50114 35293' 49752 .50024. .50069. 50117 5443 49983 50025 50071 50118 5.4.44.. 49984. 50026 . 50072 . `.' 50119 408701 49985 50027 50073 50120 13602 49986 :50028 50074. 50121 13603 49987 50029 50075 501.22 408708 .49988 50030 ..50076`:: 50123 408709 49989 50031 50077 50124 REINVESTMENT ZONE NUMBER ONE, CITY OF BEAUMONT, TEXAS 26 PRELIMINARY PROJECT AND FINANCE PLAN 50125:': Ef f® 50175 mf fm 50234 Cf f� 50286........ 52056 50126 50176 50235 50287 52057 50127 50177 50236 50288 '`. 52058 50128 50178 50237 50292 52059 50129 50179 `50238 50293 ;:52060 50130 50180 50239 50294 52061 ;50134' .`50181 50240 50295 52062 50135 50182 50241 50296 52063 50136`..':. 50184 50242 50298 `52064 50138 50191 50243 50299 52065 50139` 50192......502.44...5030.0... 52066 50140 50193 50247 50301 52068 50141' 50194 50248. 50302 52069 50142 50195 50249 50303 52070 50145`` . 50196 50250 50304 52071 ..' 50146 50197 50251 50305 56368 50147` 50198 50252 50306 56371 50148 50199 50253 52007 56372 50149` 50200 50254 52022 ` '` 5637.9 50151 50201 50255 52023 56380 50152 50203 50256 52024 56381 50153 50204 50257 52025 56385 50154 50205. 50258. 52026.': 56386 50155 50206 50259 52027 56387 50156 50207 50260 52028 56397 50157 50208 50261 52029 56398 50161' .50209 50262 52030 56416 50162 50210 50263 52031 56420 .50163: 50211 50267 52032 56421 50164 50218 50268 52033 56422 50165` 50220 .50269 52p34:'':. :58563 50166 50221 50270 52045 58564 50167' S0222 :50272 52046. ..:58565 50168 50223 50274 52047 58566 50169 50224. 50276 .52048 ".: 58567 50170 50228 50278 52049 58568 50171: '50229 50279 52051 58569 50172 50230 50280 52052 58570 50173 50231 50284 52053 58571 50174 50232 50285 52054 58572 REINVESTMENT ZONE NUMBER ONE, CITY OF BEAUMONT, TEXAS 27 PRELIMINARY PROJECT AND FINANCE PLAN ..• a :` 58573 ' .sa 6249.1 .• w 63075 ..• ® :94808 :': ` ` ..• e ` 109104 58574 62493 63076 94809 109113 58575' :62497 63079 :94810 ': 109114 58576 62499 63083 94811 109120 58577-` 62498 63089 :.94812 "' i': :109122 58578 62500 63090 94813 109123 58579.. 62501 . .68177 94814 . .`' 109124 ... . 58580 62502 68828 94816 109125 58581 62505 68829 94817 109.127 58582 62506 68830 94818 109153 :`58584.`` 62507 68831 . 94819 :1.09154 58585 62508 69848 94820 109155 .62509 69849 94821 :. .109160 58588 62510 69850 94857 109161 58589`.` "62511 69851 94858 109162 58590 62512 69852 94859 109163 .58591:. 62513 69853 94860`.` .109164 58592 62514 69854 94861 109165 58593: 62515 69855. 94862 109166 58594 62516 69856 94863 109167 58595 62517. 69857 94864: 109336 58596 62518 69858 94865 109337 58597 62519 `69859 94866.` .109338 58598 62520 80290 94867 109339 .58599 .`:`' 62521. 85297 94868 ''.. 109340 58600 62861 85298 94869 109342 58602` 62862 85299 94870 115518 58603 62863 85300 94871 119268 58604: 62869 85301 94874.... 119269 58587 62870 85302 408807 119277 58607 62872 85304 408808,:.' 119278 ;:' 58608 62873 94798 107608 119279 62479. 62874 : 94799 109095.. 119282 62480 62876 94800 109097 119283 .62482 63069 94801 ..109098..' 119284 62483 63070 94802 109099 119363 62484. 63071 94803 .109100 119366 62485 63072 94805 109101 119367 62489. 63073. 94806. 109102:.' 119368 62490 63074 94807 109103 119369 REINVESTMENT ZONE NUMBER ONE, CITY OF BEAUMONT, TEXAS 28 PRELIMINARY PROJECT AND FINANCE PLAN 119370 119429. 122637 `:124387 ..:`. 5523 . . 119371 119430 122640 124388 5524 119372: `119431 122642. .124389... S525. 119373 119433 122645 124390 5526 119374 121788 122646 .; 124391 5527' 119376 121794 122647 124392 5528 11937.7 121825 :122648 124393i' S529. 119378 121826 122649 124395 5530 119379 .': 121827 .122650 124396' 5531 119380 121829 122651 124397 5533 119381 : 121830 123677 ...:: 124399 ' . 5602 119387 121831 123678 124401 5603 119389. 121832 123679 124402 `.` 5604 119390 121839 123681 124404 5608 119391 121840 123683 124406:.' 5609;' 119392 121841 123684 124407 5610 119394 121842 123686 124409 `.` 5616 ..:: 119395 121844 123687 137437 5649 119404 121845 123692 137438`;`'' 5650 119405 121846 123695 244110 5651 119409 122309 123696 245564: 5652 119410 122310 123697 250278 5653 1.19411.. .`. 122318 . 1.23699 252802 5654. 11.9412 122320 123700 254486 5656 119413.....122321 123704 :' 254488 5673 119414 122322 123705 254874 5674 119415 .122517 123706 121855 5675 119416 122520 123709 85303 5681 119417 122567 Z54487 5397. 5682 119418 122610 124335 5400 5687 119419 122621 124336 5468 .'.' 5688. 119420 122622 124978 5469 5689 119421 122625. 124379 5514 569.' 119422 122624 124380 5515 5694 119423 122626 124381 5516..:' 5695 119424 122627 124382 5517 5696 119425...... 122628 124383 5518 '.`:.: 5697. 119426 122632 124384 5520 5698 119427... '.' 122635 124385 5521 `:, `'. ... 5705 119429 122636 124386 5522 6313 REINVESTMENT ZONE NUMBER ONE, CITY OF BEAUMONT, TEXAS 29 PRELIMINARY PROJECT AND FINANCE PLAN 6333 401046. 18828 22881 .':'.' .22946 6334 16011 18837 22882 22948 6335:' 16012 ..:: 18838 22883 ; 22969 6344 16013 18846 22884 22970 8800:` 16032 18856 22885 23070 8801 16033 18869 22886 23087 8804`:`'.. 16034 18879 22887 '. 23104 8805 16036 18880 22888 23108 8806 .' 16037 18891 22889 .: ' 25339 8815 16038 18892 22896 25344 8816'. 16064 18980 22897.... 25377 8821 16065 18981 22898 25378 8825 :. 16066 18982 -::22899 8831 16067 18983 22900 25382 8832'. 16068 22835 22901 25416 8833 16069 22837 22902 25417 `8837 16g7q 22838 22903 `' ,: 25421 8838 16071 22839 22904 25422 8839. :16139 22840 22905 25459 8845 16140 22841 22906 25460 8849.. 16141 22846 22910 25464 8850 16142 22847 22911 25465 8854 ;:.:'' 16143 .22848 22914 . :' 225466 8862 16144 22849 22915 25493 8925.. 16145 22850 22916...25498 8926 16343 22851 22917 25499 8932: 16344 22853 22918:: 27547 8933 16346 22855 22919 27554 8934.' 18666 22861 22921 27557 8992 18667 22865 22922 27566 8994 18668 22866 : 22924.:: .` 27567 8995 18669 22868 22925 27568 8996 18671 :22869 .: 22926 27569 13401 18672 22870 22927 27573 13402. 18673 .22871 22929 27574 13403 18674 22873 22936 27575 13404.` 18675 22875 22937 .27576 13405 18816 22876 22938 27580 409316 .18826 22879 .22943 .': 27582 409317 18827 22880 22945 27584 REINVESTMENT ZONE NUMBER ONE, CITY OF BEAUMONT, TEXAS 30 PRELIMINARY PROJECT AND FINANCE PLAN ••• i 27586 ' a a^ i 44241 a a• i 57679 • a a i 63197 ': ' a a• B 101901 27587 44242 57680 63198 101902 27588`` 47284 62072 _63199 101903 27589 47287 62073 63200 101904 27591 47304 62076 63201: 101905 27593 56550 62077 63202 44211 27594 :` 56552 .. 62078 63203 105317 27595 56553 62079 63204 105344 27596'. 56558..62080 <63205.`: 305345 27597 56587 62081 63206 105355 32048' :` 56588 62082 63207 105356 32049 56589 62083 63208 105357 32050 56590 62096 63209 ': '105370 32051 56591 62108 69872 105378 .32053'' 56592 62109 69874 105379 32055 56595 62110 69875 105397 32056 5..6596 62113. 69876 105400 32063 56597 62153 69880 105404 .3206.5 ' S6S9$ 62154 69906 . 105405 32068 56599 62155 69907 105406 25345`... 56600 62156 69908 105409 42877 56602 62162 69909 105414 42878; 56605..62163 69910 105415 42879 56607 62202 69911 105416 42880 ....56611 62203 69912 ``': 105419 42881 56614 62204 69913 105420 .42882 `. ;i` 56648 62205 71471.''.:: 105421 42883 56661 62206 71472 107508 42884. 56662.. 62207 71482 07510 42885 56664 62267 71484 109004 42886' 56688 622613.........71489 .109005 42887 57668 62269 71528 109006 42888:` ` 57669 62270 82725 `..` 109010 42889 57670 63080 84848 109011 42890. 57671 63081 84849 109015 . 42891 57672 63082 84859 109016 42892 57673.. 63084 .. 101893: 109017 42893 57676 63157 101895 109018 42894.` 57677 .63165.. 109019 .. 44235 57678 63196 101900 109021 REINVESTMENT TONE NUMBER ONE, CITY OF BEAUMONT, TEXAS 31 PRELIMINARY PROJECT AND FINANCE PLAN :`109023. 109351. 119290 .119863.` 124178 109024 109352 119521 119890 124179 109025. '.`. 109392 119522 119895; 124180 109026 109394 119524 119897 124181 109035.. '; 109.3.95 . ;: 119525 119898.''. 124182 109036 109396 119526 119904 124183 109037....`.' 111264 ;119527 119906`:' 124184 109038 111270 119528 119919 124185 .109040 111271 =119531 119985 ..` 124330 ..: 109041 111273 119532 121760 124332 109042 111281 119534 121761 114425 109043 111363 119535 121762 124428 109044 :.114.926 119536 . `: 121768.; 124743 109045 114953 119537 121777 124831 1090.47 .` 114955 119539.::; 121780i 124866 109049 114956 119541 121793 124867 109050 114957 119543 121838 12486$ 109051 114958 119545 121853 124869 109052 114959 119546 124152: 124870 109053 114960 119547 124153 124871 109054 114961 119548. 124154`;: 124877 109055 114962 119549 124155 124879 109072. 114963 119550 i124156 124889 109073 114964 119551 124157 124949 109074 114966 119555. 124158:i 124950.. 109075 114967 119556 124159 124958 109076 114968 119559 124160`: :124959 109080 114969 119560 124161 124969 109081 114970 119563 124165 124974 109082 114971 119564 124167 124977 10908.6. 114972 11.9565 124168: 125026 109088 114973 119566 124169 125027 109089`:'; 114974 119567..` 124170 125028 . 109090 114975 119569 124171 125030 109091.i 114977 119570 124172 125031 109092 114978 119620 124173 125032 109093 114979 :263480 124174:'!.` 125065 109094 114983 119628 124175 125066 109343 114984 1,19636 124176.:. 125306 109344 114986 119852 124177 125307 REINVESTMENT ZONE NUMBER ONE, CITY OF BEAUMONT, TEXAS 32 PRELIMINARY PROJECT AND FINANCE PLAN 125308: 18533 100738 :..' 11070820927 125309 18570 100739 110758 120930 1.25313 :.. ; ` :18590 102020 ..110759... 120933.. . 125316 18591 102021 119622 120934 125317.i:: 18595 102026 .: 119639'.;: 120935 125318 18596 102028 120052 120944 125328 18598 102029 120080= 120945 125331 18605 102030 120083 120985 125333` = 18612 .. 102032 120085 120988 125334 18618 102052 120086 120990 264041..:;' 18619 102054 120087 121204 125336 18630 102055 120089 121208 125337.:' .18637 103661 120090 . ' 121221 125338 18638 104708 120097 121222 125350 18639 104713 120118 `121223 125353 18640 110631 120122 121224 ..12.5356.......424316 110632 120123 :: 121225 125358 409320 110633 120124 121226 125918`.: 125912 110637 120138 '.` 121227 125933 22339 110644 120139 121228 1.2597.8..... .`. 22342 110645 120140.. 121284 126042 22343 110649 120142 121285 133010... 32938 110650 i20144'' 121286 244090 32939 110651 120145 121299 249555 329.40 110652 120146: '' 121301 249751 44213 110653 120147 121304 249.752 44215 110654 .120148`.`" ...`:121305 261244 44217 110657 120149 121306 261245 44218 110658 120232....... 121316.. 5710 44239 110661 120233 121317 5724 44245 110664 120234 121318 5726 44246 110665 120235 125903 5727 44249 .:110668 120237 125905 16796 44250 110669 120238 125929 16801: 55898 110671 120239 125968.:`: 16911 56750 110672 120242 125970 16914. 82810 110675 120243.' '. 125971 18515 97295 110680 120245 403827 18523 `. .....97296. .: 110683. ..120921 ; ' 239760 18524 97303 110685 120925 240604 REINVESTMENT ZONE NUMBER ONE, CITY OF BEAUMONT, TEXAS 33 PRELIMINARY PROJECT AND FINANCE PLAN ` • Ee 240859 e • 6 268187..'. " e e • 1 125330 ' • • 6 111438:':' ' e o i 13695 253349 124881 240858 120098 13687 125932..`:: :125369 .244109 22920 13688 128208 264046 328802 22923 13691 `.128207. 264047 328801 123716 `'` 13690 128206 49681 328800 123717 13689 128209..124337 52008 250302`': :119287 119619 120998 329054 105398 119271 240879 18613 329053 105401 119273 .. 266502 18629 123236 105418 119288 267015 18569 94804 105417::`.' 50137 267014 18572 119529 268268 119281 .5605 ': 5421 119561 44255 `: 119286 39339 122553 119558 22908 119285 478.70` 1.19633. . 119540 329692:: 119280 .`` 13818 55892 119530 49663 119272 13622':. 120231 :: 119552 111265 6817.6 13628 120241 119562 266645 68175 5645.:: 121476 119554 97791 '' 68173 50246 120989 264055 63088 68169 50264. 80289 264051 '` ``63087 68170 109129 120229 27550 56418 68171 111433 120230 :8760 13900 68172 109059 120066 8763 13897 44214 123299 .119388 .` .`22890 13902 123701 261726 119375 97742 5622 104707 119853i_: 119365 128266 :62877 109014 . 56585 20634 127969 62522 126043 56586 80291 .128297 56615 `: 13933 56594 20664 124427 18988 124957 133526. 20665 344505 124861;' 12497.3 123304 20666 35275 128246 22934 :5708: .``` 20667 111364 66962 `348232 261303 20668 109112 66964 124956 951,83:.' 20669 109156 67026.; 22940 .: 124408 20670 109159 5676 22947 95187;`. 20671 123719 109057:'` `22960 . 95186 20674 109158 109109 22965 95185 '. ' 125332 120365 .5453 22963 95184 125327 111368 13692 22854 REINVESTMENT ZONE NUMBER ONE, CITY OF BEAUMONT, TEXAS 34 PRELIMINARY PROJECT AND FINANCE PLAN 56603 ' 33326 124834 120236... 50150 56601 33327 5387 407794 50214 360266 109553 57667 407793 120922 111276 123194 13872 407792 68827 111275.397750 5592 40779.1 :` 58583 110710 114981 5598 407790 123311 1107.11 11,4980 128294 27558..' 34918 255594 120991 128287 62167 119523 123192:.` 13856 400553 5486 20673. 107514 125962 120084 97752 62868 385958 18868. 8809 ..13662 `:': 120964 385957 56370 5535 408317 412407 22337 117627 5441 A08316 123676 386194 119856 119276 105395 123703 34921 119856.. 386698 18617.. 24080.7 133718 119891 5472 13888 240806 122456 .50022 5473 121303:'' ...266503 120987 18860 62152 109459 35138 13855' 18859 27592 109460.:.:,. 35140 122526 23099 123682 109461 22913 '.122527. ::: 23097 18894 1(19462 50.290 122528 23907 5513 13913 62504 111362 62074 . 27570 13909 62486 50060 119899 27572 13916 18575 122639.. 399149 . ':. 101896 ...1.3914....... 124863 58601 5704 109013 122623 105324 .58606...5704 ...127971 ;105323.' `: 413411 35267 124163 5679 121746 50143 13619 124164 5680 ..409662..: .123272 5433 124162 5677 123707 123268 35294` 57666 5678 79776 `123330 18848 124166 124334 409744 56369 124331 .119289 . 1.8611 120049: 128033 25415 67040 50043 13853 13636 63086 66955 62494 5451 27578 63085 67039 109467 5442 123364 109353......... 66954 124862 `: 58609 5636 109152 124832 407557 58610 5631 13733 124833 13810 58611:' 413946 109380 124828 407565 119270 27579 REINVESTMENT ZONE NUMBER ONE, CITY OF BEAUMONT, TEXAS 35 PRELIMINARY PROJECTAND FINANCE PLAN 2757.1 125314 SEEM 50185 56389 .13592 119553 123708 50188 56400 13591 119557 13708 50189 82854 13590 105408 .13709 50190 .423812 13588 `1054.03 13710 50183 56401 5445; 35200 13712 264053 5719 424085 27542: 13711 122317 13552 82858 416672 13707 56557 13551 56413 109116 13859 122641 13549 66399 416699 5700 22857 13548: 56752 128204 .: 62111 13835 13553 .103533 120065 344720 119538 13554 119601 121205 `..` 420703 .109121 13555 119643 416736 ..13706 56665 13556 : 111269 416828 123685 109126..13557 424145 416827 13720 27590 13564 123715 416826: :` 5448 412220 13563 5706' 416823 401948 62481 13562 . 5389 416829 5437 423096 13561 69839 416830 5436 27556 13560 ',' 69840 49979: 94872 27549 13559 416824 49981 ' .79783...27565 .13558 416825 120994 421782 56415 13565 424508 13784 42.1808 44236 13566 :' 423501 5672. 23100 13763 13567 128320 .: 5591 94797 120938 13568:`' 264048 5597 `: 94796 .:`47871 13569 123694 5588 5611....:: 47869 :13570 :'` 120150 110679. ;: 5534 35144 . 13576 120366 110681 5418 125063 13575 ': 123428 120943. 123329 423483 13574 123401 22335 5416 22842 13572 `:: 410873 419704..... 261390 27552 13571 426299 110635 .120949 56395 :13579 ': 426312 413426 120950 422982 13585 5586 50186 56388 13584 125315 50187 423807 13582 REINVESTMENT ZONE NUMBER ONE, CITY OF BEAUMONT, TEXAS 36 PRELIMINARY PROJECT AND FINANCE PLAN