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HomeMy WebLinkAboutORD 07-070 ORDINANCE NO. 07-070 ENTITLED AN ORDINANCE DESIGNATING AN AREA AS A REINVESTMENT ZONE PURSUANT TO THE TEXAS REDEVELOPMENT AND TAX ABATEMENT ACT (TEXAS TAX CODE, CHAPTER 312); PROVIDING TAX INCENTIVES; AND DESIGNATING A LIAISON TO ACT ON ALL MATTERS PERTAINING TO THE REINVESTMENT ZONE; PROVIDING FOR SEVERABILITYL; AND PROVIDING FOR REPEAL WHEREAS, the City of Beaumont endeavors to create the proper economic and social environment to induce the investment of private resources in productive business enterprises located in areas of the City; and, WHEREAS, to further this purpose, it is in the best interest of the City to designate an area as a reinvestment zone pursuant to the Texas Redevelopment and Tax Abatement Act (Texas Tax Code, Chapter 312); NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: Section 1. That the City Council hereby designates the area set forth in Exhibit A, attached hereto and incorporated for all purposes, as a reinvestment zone (herein referred to as the "zone"). Section 2. That the City Council finds that the zone meets the criteria contained in the Texas Redevelopment and Tax Abatement Act (Texas Tax Code, Chapter 312). Section 3. That the City Council finds that the designation of the reinvestment zone would contribute to retention or expansion of primary employment in the area and/or would contribute to the attraction of major investments that would be a benefit to the property and would contribute to the economic development of the municipality. Section 4. That the City Council may provide certain tax incentives applicable to business enterprises in the zone, which are not applicable throughout the city, as allowed for in the Act. Section 5. That the City Council has established certain guidelines and criteria governing tax abatement agreements and is therefore eligible to participate in tax abatement. Section 6. That the City Council directs and designates the City Manager as the City's authorized representative to act in all matters pertaining to the designation of the area described herein as a reinvestment zone. Section 7. That a public hearing to consider this ordinance was held by the City Council on June 19, 2007. Section 8. That this ordinance shall take effect from and after its passage as the law and charter provide. Section 9 That if any section, subsection, sentence, clause, or phrase of this ordinance, or the application of same to a particular set of persons or circumstances should for any reason be held to be invalid, such invalidity shall not affect the remaining portions of this ordinance, and to such end the various portions and provisions of this ordinance are declared to be severable. Section 10. That all ordinances or parts of ordinances in conflict herewith are repealed to the extent of the conflict only. PASSED BY THE CITY COUNCIL of the City of Beaumont on this the 19th day June, 2007. ar- uMOM.`� p � AW ter° �T illl - M or e6ky Ames - "EXHIBIT A" r GENERAL DESCRIPTION OF BEAUMONT'S RE-INVESTMENT ZONE STARTING from a point at the intersection of the centerlines of the rights-of-way of Spindletop Avenue and U.S.Hwy.69(Port Arthur Road)and proceeding northeasterly along the centerline of the.right-of-way of Spindletop Avenue to a point on the north side of the Kansas City Southern RR right-of-way then proceeding northwesterly along said KCS right-of-way to a point of first contact with the Beaumont City Limits which said point also coincides with the common boundary line of the South Line of the James W.Bulloch Survey and the North Line of the J.A.Vertch Survey Line and is hereby designated a POINT OF BEGINNING;THENCE following the Beaumont City Limit line in a northeasterly,then generally southeasterly,easterly, and finally in a southwesterly direction until again contacting the northern right-of-way line of the KCS RR; THENCE continuing in the same ;southwesterly direction until reaching the north service road right-of-way line of U.S. 69; THENCE southeasterly along said U.S.69 service road right-of-way to the point of contact with the north right-of-way line of State Hwy.347(Twin City Hwy.);THENCE southeasterly approximately 3,200 ifeet along said Hwy.347 right-of-way to a point of first contact with the Beaumont City Limit line; THENCE following said city limit line in the same southeasterly direction for approximately 2,350 feet to that point where the Beaumont City limit line turns southwesterly but continuing Rather for approximately 4,900 feet in the same direction along the north right-of--way line of State Hwy. 347 to a point on the centerline of Dupont .Road; THENCE turning and traveling approximately 620 feet in a northeasterly direction until reaching a point on the north side of the Kansas City Southern RR right-of-way; THENCE turning and traveling northwesterly for approximately 4,675 feet along said KCS right-of-way to a point;THENCE making a 90 degree turn to the right to go in a northeasterly direction until reaching the West bank of the Neches River and continuing to the centerline of said river;.THENCE going up river until reaching the Beaumont City Limit line; THENCE following the Beaumont City Limit line upriver to the point where said city limit line turns and again contacts the west bank of the Neches River;THENCE northerly along the West bank of the Neches River to and then along the southern and western banks of an inlet to the site of the former Texas Sulphur Terminal and a point on the centerline of an outfall canal bordering the north side of said inlet at a distance of approximately 2,800 feet from the Neches River; THENCE westerly and southwesterly for a distance of approximately 4,200 along the centerline of said canal to a point approximately 7,000 feet from the Neches River; THENCE in a southwesterly direction to make a perpendicular connection with the Beaumont City Limit line which extends along the KCS RR right-of-way;THENCE southeasterly along said city limit line until reaching the POINT-OF-BEGINNING.