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Home My WebLink AboutRES 23-349RESOLUTION NO. 23-349 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BEAUMONT, TEXAS, SETTING A PUBLIC HEARING UNDER SECTION 311.003 OF THE TEXAS TAX CODE FOR THE CREATION OF A TAX INCREMENT REINVESTMENT ZONE CONTAINING APPROXIMATELY 7,384.43 ACRES OF LAND GENERALLY LOCATED WEST OF THE NECHES RIVER, ALONG INTERSTATE 10 AND ALONG NORTH HIGHWAY 69, AND BEING WHOLLY LOCATED WITHIN THE CORPORATE LIMITS AND EXTRATERRITORIAL JURISDICTION OF THE CITY OF BEAUMONT, TEXAS; AUTHORIZING THE ISSUANCE OF NOTICE BY THE CITY CLERK OF THE CITY OF BEAUMONT, TEXAS, REGARDING THE PUBLIC HEARING; AND DIRECTING THE CITY OF BEAUMONT, TEXAS TO PREPARE A PRELIMINARY REINVESTMENT ZONE FINANCING PLAN. WHEREAS, the City of Beaumont, Texas (the "City"), is authorized under Chapter 311 of the Texas Tax Code, as amended (the "Act"), to create a tax increment reinveststent zone within its corporate limits; and, WHEREAS, the City Council of the City (the "City Council") wishes to hold a public hearing in accordance with Section 311.003 of the Act regarding the establishment of a tax increment reinvestment zone containing approximately 7,3 84.43 acres of land generally located west of the Neches River, along Interstate 10 and along North Highway 69, and being wholly located within the corporate limits and extraterritorial jurisdiction of the City (the "Zone"), with the boundaries of the Zone being generally depicted in Exhibit "A," attached hereto and made a part hereof for all purposes; and, WHEREAS, in order to hold a public hearing for the creation of the Zone, notice must be given in a newspaper of general circulation in the City no later than the 7th day before the date of the hearing in accordance with Section 311,003 of the Act; and, WHEREAS, the City Council has determined to hold a public hearing on December 5, 2023, on the creation of the Zone; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT, TEXAS: SECTION 1. That a public hearing is hereby called for December 5, 2023, at 1:30 pan., in the City Council Chainber, at 801 Main Street, Beaumont, Texas, 77701, for the purpose of hearing any interested person speak for or against: (i) the inclusion of property within the Zone; (ii) the creation of the Zone; (iii) the boundaries of the Zone; acid/or (iv) the concept of tax increment financing. SECTION 2. That at such time and place the City Council will hear testimony regarding (i) the inclusion of property within the Zone; (ii) the creation of the Zone; (iii) the boundaries of the Zone; and/or (iv) the concept of tax increment financing and will provide a reasonable opportunity for the owner of any property within the proposed Zone to protest the inclusion of their property within the Zone. Upon closing the public hearing, the City Council Will consider the adoption of an ordinance creating the Zone and other related matters. SECTION 3. That attached hereto as Exhibit "B," is a form of the Notice of public Hearing, the form and substance of which is hereby adopted and approved. SECTION 4. That the City Clerk is hereby authorized and directed to cause said notice to be published in substantially the form attached hereto as Exhibit "B," in a newspaper of general circulation in the City no later than the 7th day before the date of the hearing on December 5, 2023. SECTION 5. That before the December 5, 2023, hearing concerning the Zone, the City shall prepare a preliminary reinvestment zone project and finance plan. The meeting at which this resolution was approved was in all things conducted in strict compliance with the Texas Open Meetings Act, Texas Goverinllent Code, Chapter 551. PASSED BY THE CITY COUNCIL of the City of Beaumont this the 21st day of November, 2023. ivlayor i-,-oy west - 7�I ' 4 mill .:mot�. P � 15 Ewa s 'fir t r �y��+y '. j)�II too I% S 5 - r / f ♦ .,: ,-7 , t 4 r j ii qv l� lSti Nil 04 r7 Sf ' r a ✓- � � \ y � ti� � �� a) rf%� .. 4 v ON 7 Mom I US OQ Per l Ry{- as �A1W/F .:., -a':S.- -�Y' `3 j,,�'? .;.q I I S3 j�..,, l - '� ��?...y"''^� 3.0 .'` .;3..x la t, 1 #� Vr 3 3 a s ^7 PPI Nil a Ijj 1 j jig m "SM.!r`�1 �a ii ,ti If llo " .�i. � �'�:!;;.',, a� `"; HOW W"I Li Exhibit B CITY OF BEAUMONT CITY COUNCIL NOTICE OF PUBLIC HEARING ON CREATION OF A REINVESTMENT ZONE THE CITY OF BEAUMONT CITY COUNCIL WILL HOLD A PUBLIC HEARING ON DECEMBER 5, 2023 AT 1:30 P.M. IN THE CITY COUNCIL CHAMBER LOCATED AT 801 MAIN STREET, BEAUMONT, TEXAS, 77701, ON THE CREATION OF A REINVESTMENT ZONE AND ITS BENEFITS TO THE CITY OF BEAUMONT AND TO PROVIDE A REASONABLE OPPORTUNITY FOR ANY OWNER OF PROPERTY WITHIN THE PROPOSED ZONE TO PROTEST THE INCLUSION OF THEIR PROPERTY WITHIN THE PROPOSED ZONE, WHICH PROPOSED REINVESTMENT ZONE CONTAINS APPROXIMATELY 7,384.43 ACRES OF LAND GENERALLY LOCATED WESTOF THE NECHES RIVER, ALONG INTERSTATE 10 AND ALONG NORTH HIGHWAY 69, AND BEING WHOLLY LOCATED WITHIN THE CORPORATE LIMITS AND EXTRATERRITORIAL JURISDICTION OF THE CITY OF BEAUMONT, TEXAS. A MAP DEPICTING THE BOUNDARIES OF THE PROPOSED REINVESTMENT ZONE IS AVAILABLE IN THE OFFICE OF THE CITY SECRETARY AT 801 MAIN STREET, BEAUMONT, TEXAS, 77701, AND IS AVAILABLE FOR PUBLIC INSPECTION. AT THE PUBLIC HEARING, ANY INTERESTED PERSON MAY SPEAK FOR OR AGAINST THE INCLUSION OF PROPERTY WITHIN THE PROPOSED REINVESTMENT ZONE, THE CREATION OF THE PROPOSED REINVESTMENT ZONE, ITS BOUNDARIES AND/OR THE CONCEPT OF TAX INCREMENT FINANCING. FOLLOWING THE PUBLIC HEARING, A SEPARATE DATE WILL BE SET WHERE THE CITY COUNCIL WILL CONSIDER ADOPTION OF AN ORDINANCE CREATING THE REINVESTMENT ZONE AND OTHER RELATED MATTERS.