Loading...
97-039 ORD PROVIDING ORDINANCE NO 96-060 PASSED ON THE 14TH DAY OF OCTOBER 1996 BE AMENDED ORDINANCE NO. 97-039 AN ORDINANCE OF THE CITY OF PARIS, PARIS, TEXAS, PROVIDING THAT ORDINANCE NO. 96-060 PASSED AND ADOPTED ON THE 14TH DAY OCTOBER, 1996, BE AMENDED; PROVIDING FOR THE AMENDMENT OF THE AREA SO NOMINATED AS A STATE DESIGNATED ENTERPRISE ZONE AND DESIGNATED AS A REINVE5TMENT ZONE SO AS TO INCLUDE THEREWITH ADDITIONAL PROPERTY; REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT HEREWITH; AND PROVIDING FOR AN EFFECTIVE DATE OF SEPTEMBER 1, 1997. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PARIS: Section 1. That Ordinance No. 96-060 of the City of Paris, Paris, Texas, be, and the same is hereby, amended so that such shall read as follows: "AN ORDINANCE OF THE CITY OF PARIS, PARIS, TEXAS, NOMINATING AN AREA AS AN ENTERPRISE ZONE PURSUANT TO THE TEXAS ENTERPRISE ZONE ACT (TEXAS GOVERNMENT CODE, CHAPTER 2303); PROVIDING TAX INCENTIVES; DESIGNATING AN AUTHORIZED REPRESENTATIVE TO ACT IN ALL MATTERS PERTAINING TO THE NOMINATION AND DESIGNATION OF THE AREA DESCRIBED HEREIN AS AN ENTERPRISE ZONE AND REINVESTMENT ZONE (TEXAS TAX CODE, CHAPTER 312); AND FURTHER DESIGNATING A LIAISON TO ACT ON ALL MATTERS PERTAINING TO THE ENTERPRISE ZONE ACT ONCE DESIGNATED BY THE TEXAS DEPARTMENT OF COMMERCE. "WHEREAS, the City Council of the City of Paris, Paris, Texas, desires to create the proper economic and social environment to induce the investment of private resources in productive business enterprises located in severely distressed areas of the City and to provide employment to residents of such area; and, "WHEREAS, certain conditions exist in such area which represent a threat to the health, safety, and welfare of the people of such area; and, "WHEREAS, it is necessary and in the best interest of the City to nominate such area as an enterprise zone pursuant to the Texas Enterprise Zone Act (Texas Government Code, Chapter 2303, the "Act"); NOW, THEREFORE, `BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PARIS: "Section 1. That the City hereby nominates the area set forth on and attached hereto as Exhibit A, same being 9.466 acres. "Section 2. That the City Council finds the zone area meets the qualifications of the Act. "Section 3. That the City Council will provide certain tax incentives applicable to business enterprises in the zone which are not applicable through the City as follows: "The City shall refund to any qualified business located in such enterprise zone the amount of tax paid under the Municipal Sales and Use Tax (Texas Tax Code, Chapter 321) by the business and remitted to the Comptroller 1 of Public Accounts up to the maximum extent authorized by Sections 2303.505 and 2303.506 of the Act, and for a period determined by the City, but which shall not exceed five (5) years. "The City may abate taxes on the increase in value of real property improvements and eligible personal property that locate in a designated enterprise zone. The level of abatement shall be based upon the extent to which the business receiving the abatement creates jobs for qualified employees, in accordance with the attached Exhibit B, and with qualified employee being defined by the Act. "Other incentives that may be negotiated in the proposed enterprise zone on a case by case basis are as follows (the first 3 being offered only in the proposed enterprise zone); "Waiver of development fees to enterprise zone businesses meeting minimum standards. "Accelerated zoning and permit procedures. Enterprise zone businesses will be processed upon receipt, before non-enterprise zone businesses already in hand. "Transfer of city-owned surplus land at below market prices for the public purpose of economic development. The ability to purchase city-owned land shall be based upon the extent to which the business receiving the property creates jobs for qualified employees, in accordance with the attached Exhibit C. "Capital improvements in water and sewer facilities and road repair. "The City will apply for training grants for new permanent jobs as available and appropriate to the industry. "One-stop permitting. "Improved fire and police protection. "Low interest loans for housing rehabilitation or improvement. "Section 4. That the area described in this ordinance is designated as an enterprise zone and a reinvestment zone, subject to the approval of the Texas Department of Commerce. "Section 5. That the City Council directs and designates its City Manager as the City's authorized representative to act in all matters pertaining to the nomination and designation of the area described herein as an enterprise zone and a reinvestment zone. "Section 6. That the City Council further directs and designates its City Project Director as liaison for communication with the Department to oversee zone activities and communications with qualified businesses. "Section 7. That public hearings to consider this ordinance were held by the City Council on September 19, 1996, and August 7, 1997. "Section 8. That this ordinance shall take effect from and after its passage as the law and charter in such case provides." 2 Section 2. All ordinances or parts of ordinances in conflict herewith are hereby expressly repealed. Section 3. This ordinance shall become effective on September 1, 1997. PASSED AND ADOPTED this l lth day of 4August, 7. Z~~ -5;~ - Eric . Cliffor , Mayor ATTEST: Mattie Cuntiingham, City Clerk APPROVED TO FORM: T. K. Haynes, City ttorney 3 I, Mattie Cunningham, City Clerk for the City of Paris, Paris, Texas, certify that the above is a true and correct copy of Ordinance No. 97_0.jq on file in the City offices of the City of Paris, Paris, Texas, and that I, as City Clerk of the City of Paris, have legal custody of such writing. Mattie Cunningham, City Clerk August 11, 1997 That the foregoing ordinance was read for the first time and passed this the l lth day of August, 1997, by the following vote: Ayes 5 Nays 0 PASSED AND ADOPTED this the l lth day of August, 97. 11-01 L Eric S. Clifford, Mayor ATTEST: ~cj Mattie Cunningham, City Clerk 4 EXHIBIT A City of Paris Enterprise Zone boundary is as follows: For a 9.466 square mile tract of land within the City of Paris, Paris, Texas, and particularly described as follows: BEGINNING at the intersection of the centerline of North Main Street with the centerline of Stone Avenue projected to the West; THENCE Southerly with the centerline of North Main Street and the centerline of South Main Street to its intersection with the centerline of Hearne Street; THENCE Easterly with the centerline of Hearne Street to its intersection with the centerline of Church Street; THENCE Southerly with the centerline of Church Street to its intersection with FM Highway 1497; THENCE Southerly with the centerline of FM Highway 1497 a distance of approximately 3599 feet to its intersection with a line that is 600 feet South of and parallel to the centerline of the outside lane of Loop 286; THENCE Westerly with a line that is 600 feet South of and parallel to the centerline of the outside lane of Loop 286 to its intersection with the centerline of the Atchison Topeka and Santa Fe Railroad; THENCE Southwesterly with the centerline of the A.T. & S.R. Railroad to its intersection with the centerline of Cottonwood Branch; THENCE Northerly with the centerline of Cottonwood Branch to its intersection with the centerline of the Missouri-Pacific Railroad; THENCE Easterly with the centerline of the Missouri-Pacific Railroad to its intersection with a line that is 600 feet west of and parallel to the centerline of the outside lane of Loop 286; THENCE Northwesterly, Northerly, and Northeasterly with a line that is 600 feet from and parallel to the centerline of the outside lane of Loop 286 to its intersection with the West Boundary Line of a 26.326 acre tract purchased by Campbell Soup Company from Smith; THENCE North 0 Degrees 24 Minutes East with the West Boundary Line of said Smith tract a distance of 475 feet, more or less, to a point, said point being in the South Boundary Line of a 6 acre tract purchased by Campbell Soup Company from Holley; THENCE South 89 Degrees 30 Minutes East a distance of 389 feet with said Holley South Boundary Line to the Southeast Corner of said Holley tract; THENCE North 1 Degree East a distance of 1229.6 feet to the most Westerly Northwest Corner of a 35.532 acre tract purchased by Campbell Soup Company from Council; THENCE North 89 Degrees 30 Minutes East a distance of 577 feet to an ell corner in said 35.532 acre tract; THENCE North 0 Degrees 15 Minutes East a distance of 1014.2 feet to the most Northerly Northwest corner of said 35.532 acre Council tract; THENCE East a distance of 3,043 feet, more or less, to a point in the centerline of the Burlington-Northern Railroad; THENCE North to the centerline of Lake Crook Road; THENCE Southeasterly to the west boundary line of North Main Street; THENCE South with the west boundary line of North Main Street to the projected centerline of Stone Avenue and the place of beginning and containing 9.466 square miles. EXHIBIT B Local Business Incentive, Tax Abatement 1. Proposed Incentive: The City of Paris proposes the offering of tax abatement to local qualified businesses. 2. Description of the Incentive: The City of Paris has agreed to abate the increased valuation of property taxes on real property developed, redeveloped, or improved to qualified businesses in the enterprise zone. The amount of tax abated on any increment in value added to the ad valorem value of the property will be determined by the following objective criteria. A. Economic Development Policy 1. Objective Requirements. a. The business must have a minimum of 10 new full-time positions, with full-time being defined as at least 1040 hours annually, or b. Add at least $100,000 ad valorem value to the current value of the business. c. Must make 1,000 points if a new industry or 250 points if existing industry making an expansion. Points are awarded in the following manner: 1) Locating in an abandoned building - 200 points. 2) For each newly created full-time position on the payroll - 7 points. 3) For each newly created full-time position on the payroll that is occupied by a handicapped or economically disadvantaged person - an additional 7 points to the already awarded 7 points. 4) For each $10,000.00 in capital investment generated -10 points. 5) For each $20,000.00 in annual payroll - 5 points. B. Abatement Eligibility. Abatement percentages will be awarded depending upon points collected in the following categories for new and expanding-existing industries: Points Year 250 to 600 601 to 1,000 1,001 or more 1 100 % 100 % 100 % 2 75 % 100 % 100 % 3 50% 100% 100% 4 25 % 75 % 100 % 5 10 % 50 % 75 % 6 0% 25 % 50% 7 0% 10% 25% Rehabilitation will be given preference over new construction. EXHIBIT C Local Business Incentive; Transfer of City-Owned Land 1. Proposed Incentive: The City of Paris proposes offering the transfer of city-owned land in the enterprise zone at below market prices for the public purpose of economic development. 2. Description of the Incentive: The City of Paris has agreed to transfer city-owned land located in the enterprise zone at below market prices. The ability to purchase city-owned land in the enterprise zone at below market value shall be based upon the extent to which the business receiving the property creates jobs for qualified employees, as shown below. A. Economic Development Policy 1. Objective Requirements. a. The business must have a minimum of 10 new full-time positions, with full-time being defined as at least 1820 hours annually, or b. Add at least $100,000 ad valorem value to the current value of the property. c. Must make 1,000 points of a new industry or 250 points if existing industry making an expansion. Points are awarded in the following manner: 1) Locating in an abandoned building - 200 points. 2) For each newly created full-time position on the payroll - 7 points. 3) For each newly created full-time position on the payroll that is occupied by a handicapped or economically disadvantaged person - an additional 7 points to the already awarded 7 points. 4) For each $10,000.00 in capital investment generated - 10 points. 5) For each $20,000.00 in annual payroll - 5 points.