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Home My WebLink AboutRES 86-037 �G - 97 R E S O L U T I O N BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the City Manager be, and he is hereby, authorized to execute an interlocal agreement, a copy of which is attached hereto as Exhibit "A" , with Jefferson County for the construction of access roads on Interstate 10. PASSED BY THE CITY COUNCIL of the City of Beaumont this thef� day of 198 Mayor - STATE OF TEXAS § COUN'T'Y OF JEFFERSON § IMERLOC'AL AGREEMENT WHEREAS, Jefferson County, Texas, a political subdivision of the State of Texas, hereinafter called "County", is interested in contributing the sum of 1.2 million dollars to the construction of certain access roads on Interstate 10 within the corporate limits of the City of Beaumont; and, WHEREAS, County is interested in making such contribution to the City of Beaumont, a municipal corporation, incorporated by and under the laws of the State of Texas, hereinafter called "City", subject to the receipt of credit for such contribution against any tax increment zone created by City pursuant to Article 1066e, Texas Civil Statutes, hereinafter called "the Act"; Now, Therefore, this Agreement is entered into by and between City and County as follows: 1. If final approval of the access lane construction project is obtained from the Texas State Department of Highways and Public transportation, and only in that event, County will pay to the State of Texas, or, if the State desires, then to the City of Beaumont, the total sum of $1,200,000.00, subject to the following: a. The contribution of County shall be designated for the sole and only use of constructing access roads to Interstate 10, said access roads to be located between Walden Road and the westernmost corporate limits of the City of Beaumont. b. County shall not be required to pay said sum prior to September 30, 1986. C. County shall be obligated to pay the contribution only from the extra vehicle registration fee authorized by Article 6675a-9a, Texas Civil Statutes. 2. County shall not be required to make the payment described in the preceding paragraph for any purpose other than the construction of access roads as described in paragraph 1 a. 3. The terms as defined in the Act shall mean the same as used in this Agreement including, but not limited to, the phrases "captured appraised value", "tax increment" and "tax increment fund." �� Exhibit "A" 4. Upon the making of the contribution described in Paragraph 1 hereinabove, and for the period of time to which County is entitled to credits, as herein provided, County shall receive credits toward the tax imposed on the captured appraisal value until the amount of such credits equal the amount of such contribution. The credit County shall receive shall be determined in the following manner: a. _ Attached to this Agreement and made a part hereof, is a Map or _Plat depicting the "area of impact." If a tax increment zone is created that is entirely embraced by the area of impact, County shall receive a 100% credit towards the tax increment of the County that would otherwise be diverted-towards the tax increment fund by subtracting one dollar of contribution from each dollar that would otherwise be diverted to the tax increment fund. b. If the tax increment zone created by the City Of Beaumont is partly within and partly without the area of impact, County shall be entitled to a percentage credit towards the tax increment of the County that would otherwise be diverted to the tax increment fund determined by dividing the number of acres of the tax increment zone lying within the area of impact by the total number of acres within the tax increment zone. C. To effectuate the proportionate reduction stated in paragraph 4 b, City agrees that any tax increment zone, a portion of which lies within the area of impact, shall not bisect any tract described or depicted in the tax records of the Jefferson County Appraisal District for the year in which the tax increment zone is created, so that acreage may be determined by reference to such tax appraisal district files. Further, "acreage" and the word "area", as used herein, shall be determined by using the acreage shown in the files of the Tax Appraisal District, without reference to actual survey of the area. 5. If the Texas State Department of Highways and Public Transportation has not approved final plans for said access roads on Interstate 10 on or before January 1, 1987, this contract shall terminate and be null and void, subject to a renewal on or before said date at the sole option of county. -2- 6. If the contribution described in paragraph 1 hereof is made by County, this contract shall be in full force and effect for a period of seven (7) years from the date of such contribution; providing, however, that should a tax increment zone be created by City including all or a portion of the area of impact within seven (7) years from the date of such contribution, this Agreement shall automatically be extended for so long as said tax increment zone continues to exist, or until County's credit for its contributions against the tax increment fund have been exhausted, whichever should sooner occur. County may, at its option, apply credits towards the tax increment of the County to two or more tax increment funds lying within or partly within the area of impact, but the aggregate of such credits--shall not exceed-the County's contribution. Should the tax -increment---fund--or funds created pursuant to this agreement expire or be sooner terminated before the County has received credits equaling its contributions, this agreement shall become null and void, unless less than seven (7) years has expired from the date of the County's contribution, in which event this agreement shall remain in full force and effect for the said seven (7) year period of time. This Agreement is executed in duplicate originals each of which shall be an original for all purposes. CITY OF BEAUMONT By: C. A. Shelton Its Interim City Manager ATTEST: Myrtle Corgey City Clerk MO= by City this day of , 1986. -- JEFFERSON COUNTY By: R. P. LeBlanc, Jr. Its County Judge ATTEST: R. E. Barnes County Clerk EXECUTED by County this day of 1986. -3- - _t`. _ i1¢-rl—ffi217 1 t -. /• Er STC • DR. „( CITY CIMITS (� MAJOR DRIVE C) i• • • •00• •O -- • • A >i MAJOR QR s n_ V let • co ACE c1 i nAwrcr • A �o ONTROSE i z a 0 rpt O • �l CO r tAiELL[ '- r -- �•' . is'�r'. o z z m PASADENA - AA-- - ____,LAM HAM • LANG AN 0(1(11D A c �` Qvo • - - I,yo 09 A i nr b Lob S • ANN L i • -lt1��31. k--- u w co 4, ` `� • iAtRAifQI1i0 i CALDW000 + << y i na sy4 • LINDBERGH wpt�c; of i • f r i 4'�y. ' } ,�C'� .+� i P.. 1•. 3 rte {r: 0 '• to W a ` ' J.4 ra . `' •t T '�'. 'fR ►iVia.7r V y a E�+s ��is 1 '* �� \ � 'yi � � t•, ��C- 1 �.t`t {ti �c:�Cg"t; r` ►tai ,�h j}�` ? '}��I� •�R. ti + �'� Z <<� Iv �-°� ',��:�`,�f�O�+xti.it +.. ..�`��s-``:��ea ft`..�•••. ., .>t.' � .,�4,L�� : '' �:�. r c•: W 4