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Home My WebLink AboutOrdinance - 9657-1993 - Area Added To Lubbock N Enterprise Zone. Ordinance 9591. - 10/14/1993First Reading October 14, 1993 Item #31 Second Reading October 28, 1993 Item #6 ORDINANCE NO. 9657 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF LUBBOCK, TEXAS, NOMINATING AN AREA TO BE ADDED TO THE LUBBOCK NORTH ENTERPRISE ZONE AS ESTABLISHED BY CITY OF LUBBOCK ORDINANCE NO. 9591, PURSUANT TO THE TEXAS ENTERPRISE ZONE ACT (TEXAS CIVIL STATUTES, ART. 5190.7); PROVIDING TAX INCENTIVES; DESIGNATING AN AUTHORIZED REPRESENTATIVE TO ACT IN ALL MATTERS PERTAINING TO THE NOMINATION AND DESIGNATION OF THE AREA DESCRIBED HEREIN AS ADDITION TO THE LUBBOCK NORTH ENTERPRISE ZONE AND REINVESTMENT ZONE (TEXAS TAX CODE, CHAP. 312); AND FURTHER DESIGNATING A LIAISON TO ACT ON ALL MATTERS PERTAINING TO THE ENTERPRISE ZONE ACT ONCE THE ADDITION IS APPROVED BY THE TEXAS DEPARTMENT OF COMMERCE. WHEREAS, the City Council of the City of Lubbock, Texas desires to create the proper economic and social environment to induce investment of private resources in productive business enterprises located in severely distressed areas of the City and to provide employment to residents of such areas; WHEREAS, certain conditions exist in such areas which represent a threat to the health, safety, and welfare of the people of such areas; and WHEREAS, it is necessary and in the best interest of the City to nominate the area as an addition to the Lubbock North Enterprise Zone pursuant to the Texas Enterprise Zone Act (Texas Civil Statutes, Article 5190.7, the "Act"); NOW THEREFORE: BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK, TEXAS: SECTION 1. That the City of Lubbock hereby nominates the area indicated on the map attached hereto as Exhibit A and further described below as an addition to the Lubbock North Enterprise Zone in accordance with the Act: Description of Addition to Lubbock North Enterprise Zone BEGINNING at the intersection of Cornell Street and North University Avenue; THENCE west along Cornell Street to its intersection with North Detroit Avenue; THENCE north along North Detroit Avenue to its intersection with Erskine Street; THENCE west along Erskine Street to its intersection with North Flint Avenue; THENCE north along North Flint Avenue to its intersection with Grinnell Street; THENCE west along Grinnell Street to its intersection with North Indiana Avenue; THENCE north along North Indiana Avenue to its intersection with the AT & SF railroad; THENCE southeast along the AT & SF railroad to its intersection with North Avenue Q Drive; THENCE northeast along North Avenue Q Drive to its intersection with the Amarillo Road; THENCE southeast along Amarillo Road to its intersection with Parkway Drive; THENCE east along Parkway Drive to its intersection with Mackenzie Park Road; THENCE south along Mackenzie Park Road to its intersection with East Broadway; THENCE east along East Broadway to its intersection with Oak Avenue; THENCE south along Oak Avenue to its intersection with East 13th Street; THENCE east along East 13th Street to its intersection with Redbud Avenue; THENCE south along Redbud Avenue to its intersection with East 14th Street; THENCE east along East 14th Street to its intersection with Vanda Avenue; THENCE south along Vanda Avenue to its intersection with the Idalou Road; THENCE west along Idalou Road and East 19th Street to its intersection with Avenue A; THENCE north along Avenue A to its intersection with the AT & SF railroad; THENCE northwest along the AT & SF railroad to its intersection with 4th Street; - 2 - THENCE west along 4th Street to its intersection with Avenue Q; THENCE north along Avenue Q to its intersection with 3rd Street; THENCE west along 3rd Street to its intersection with Avenue U; THENCE north along Avenue U to its intersection with 2nd Street; THENCE west along 2nd Street to its intersection with University Avenue; THENCE north along University and North University Avenue to the point of beginning. This addition to the Lubbock North Enterprise Zone contains approximately 2.6 square miles. However, to comply with Texas Department of Commerce Enterprise Zone application requirements and changes in the 1990 U.S. Census Bureau geographic designations, 1;1 square miles are requalified and the net additional area to the Lubbock North Enterprise Zone is 1.5 square miles. This addition to the Lubbock North Enterprise Zone consist of 1990 Lubbock County Census Tracts; Tract 2.02, Block Groups 1 & 3, Tract 3.02, Block Groups 1 & 8, Tract 8, and Tract 10, Block Group 3. SECTION 2. THAT the City Council finds the zone meets the qualification of the Act. SECTION 3. THAT the City Council will provide certain tax incentives applicable to business enterprises in the zones which are not applicable throughout the City as indicated on Exhibit B attached hereto and made a part hereof for all purposes. SECTION 4. THAT the areas described in this ordinance are designated as enterprise zones and reinvestment zones, subject to approval of the Texas Department of Commerce. SECTION 5. THAT the City Council directs and designates the City of Lubbock Mayor as the City's authorized representative to act in all matters pertaining to the nomination and designation of the areas described herein as enterprise zones and reinvestment zones. SECTION 6. THAT the City Council further directs and designates the City of Lubbock. City Manager, as liaison for communication with the Department to oversee zone activities and communications with qualified businesses. - 3 - SECTION 7. THAT a public hearing to consider this ordinance was held by the City Council on October 14, 1993. SECTION 8. THAT this ordinance shall take effect from and after its passage as the law and charter in such cases provides. AND IT IS SO ORDERED Passed by the City Council on first reading this 14th day of October , 1993. Passed by the City Council on se October , 199 ATTEST: APPROVED AS TO CONTENT: OOV:da/AGEHDA-Dl/H-ENTZHE.ord September 23, 1993 - 4 - z ----~ it ,1::: ';i!}.I 0 / f: / UJ I ~ CORNELL I ~ I -ERSKINE ~ ~ :? ::, ;;:. ADDITION TO LUBBOCK NORTH ENTERPRISE ZONE EXHIBIT A 2NDST ::, !t.!"'""""'"'""""""i..-1 ......................... ~ EAST19THST / MACKENZIE PK RD / / 1 EASTBROADWAY /1 / 11 OAKAVE / I /. / / f EAST 13TH ST I ti // I // ,REDBUDAVE / I If I / / // /, EAST14THST I I,! // ,VANDA AVE I I / I I lit/I I lltfl I !ft/I ........,_-1,,,, I I I I Tax Abatement Residential LOCAL INCENTIVES LUBBOCK ENTERPRISE ZONE(S) EXHIBITB Ad Valorem taxes on improvements, by new construction or modernization of residential projects, will be eligible to be abated for a period of five (5) years at 100% per year. Abatement will be considered if the individual project meets criteria and guidelines, established for this use by the affected jurisdiction(s). Criteria and guidelines to be adopted will include -- specific, designated, geographic locations within the zone(s) where this incentive will apply. (Available only in Enterprise Zones) Commercial Ad Valorem taxes on improvements, by new construction or modernization of retail, service and office related projects, will be eligible to be abated for a period of five (5) years at 100% per year. Abatement will be considered if the individual project meets criteria and guidelines, to be established for this use by the affected jurisdiction(s). (Available only in Enterprise Zones) Industrial Ad Valorem taxes on industrial improvements will be considered under criteria and guidelines adopted in 1991 by all taxing jurisdictions of Lubbock County and currently being reviewed for re-adoption under the requirements of state Jaw. (Currently Exists) EXHIBITB Infr;,stn1cturc Abatement for Businesses Businesses in the designated zones mily negotiate with the City's Utilities for the abatement of cost of extension and/or improvements of water .ind sewer lines and/or street improvements which are necessary for the applicant to conduct business. (Currently Exists} Loc;,t Sales and Use Tax Refunds to Qualified Businesses The City and County of Lubbock will refund local sales and use taxes paid by qu.11ified businesses, which meet guidelines to be established, at the rate of 100% during the first year of operation in the zone and 50% for the second ·and third years of operation in the zone. The tax will be refunded based on the qualified business' local purchase of building materials, office supplies and furnishings for its facilities. (Available only in Enterprise Zones) Refunds of Sales Taxes for Creation of Jobs for Qualified Employees The City and County of Lubbock, jointly and proportionately1 will provide $250, refunded from local sales and use taxes, for each qualified new employee hired within the designated zone(s) du.ring a company's first year of operation if the company meets guidelines established for this use. The maximum refund for a qualified business will be $2,500. Businesses will be required to certify eligibility for these refunds through employment records and audits1 if desired by the City. (Available only in Enterprise Zones) EXHIBITB Refund of BuHding Permit Fees The City of Lubbock will refund fees usually charged for building permits, if the business in the designated zones qualifies under guidelines to be established and retains at least 10 qualified employees. Refund of fees will be made upon the company's achievement of qualification, but no longer than three years from the date of initiation of the company's operation in the zone(s). (Available only in Enterprise Zones) Tax Increment Financing This method of financing zone projects may be used by qualified , businesses in the existing TIF District. This District may be expanded within the zone at a later date. (Currently Exists) Job Training The Lubbock-Garza County JTPA will provide On-the-Job Training services to qualified firms in the zones. Also, the organization will provide job credits to users of its services. (Currently Exists) Form for Vote Recording -Two Readings That the foregoing ordinance was read for the first time and passed to its second reading on this the 14th day of October, 1993 by the following vote: For I I Against 4 0 I That the foregoing ordinance was read for the second time and passed on its final reading this 28th day of October, 1993 by the following vote: For I I Against 4 0 I PASSED AND APPROVED, this 28th day of October, 1993 ATTEST: , I -.,._,,. Before m,:;...J~~,....__-----.........,_.._-=-....,_-.,.,_ ......... __ _a N tary µblic in and for Lubbock County, Texas on this day personally appeare le of the Southwestern Newspa- pers Corporation, publishers of the Lubbock Avalanche-Journal -Morning, and Sunday, who being by me duly sworn did depose and say that said newsp e ha been published continuously for more than fifty-two weeks pri- or to the first insertion of this .-. ...... ~'--+----'-""'-'L..lo.U-·.;:; .. CJ=e"=--=-------------------- -----..----.--+-.,--....--_.,o. l 00-SS:;;lS" at Lubbock County, Texas and the attached print- _...~d,,5,d~_µ"'-L.Ju..:.~=----'--'P a true copy of ~r-griginal and was printed in the Lubbock 79+ LUBBOCK AVALANCHE-JOURNAL Southwestern Newspaper Corporation NOTARY PUBLIC in and for the State of Texas My Commission Expires .................. ___ _ Subscribed and sworn to before me thi . .,_s __ Q_.;;.. __ .... day oLh.k\ 1 P W'\~h .... -e...=a.( __ _..,J9 0( 3 FORl\158-10 ~~, PATTI TATE ~ Notary Pullhc. State of lexas 8 My Commtst·IJn Expires 6-30·96 '-' ~~.00-C~~~~J MAP IN FILE SEE ORDINANCE No Text No Text No Text