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HomeMy WebLinkAboutOrdinance - 2020-O0154 - Texas Enterprise Zone Program, X-FabFirst Reading November 2, 2020 Item No. 7.2 ORDINANCE NO. 2020-00154 Second Reading November 17, 2020 Item No. 6.1 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF LUBBOCK, TEXAS, ORDAINING THE CITY'S PARTICIPATION IN THE TEXAS ENTERPRISE ZONE PROGRAM PURSUANT TO THE TEXAS ENTERPRISE ZONE ACT, CHAPTER 2303, TEXAS GOVERNMENT CODE; NOMINATING X-FAB TEXAS, INC. TO THE OFFICE OF THE GOVERNOR, ECONOMIC DEVELOPMENT AND TOURISM THROUGH THE ECONOMIC DEVELOPMENT BANK AS AN ENTERPRISE PROJECT; PROVIDING TAX INCENTIVES; DESIGNATING A LIAISON FOR COMMUNICATION WITH INTERESTED PARTIES; DIRECTING STAFF TO SUBMIT AN APPLICATION IN CONJUNCTION WITH NOMINATION; DESIGNATING THE EFFECTIVE PERIOD FOR THE ENTERPRISE PROJECT; PROVIDING A SAVINGS CLAUSE; AND PROVIDING FOR PUBLICATION. WHEREAS, the City Council of the City of Lubbock, Texas (the "Council") desires to create a robust 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 areas; and WHEREAS, X-Fab Texas, Inc. ("X-Fab") has requested the City Council of the City of Lubbock, TX (the "Council") to nominate its activity of business as an enterprise project pursuant to the Texas Enterprise Zone Act (the "Act") of Chapter 2303 of the Texas Government Code; and WHEREAS, X-Fab is located within the following Enterprise Zone: Census Tract 2.01 Block Group 2, EZ/RZ # 44; and WHEREAS, the Council has previously designated enterprise projects, approved by the Economic Development Bank's (the "Bank") predecessor agency, as follows: EP1015-120115-L, approved December 1, 2015, expiring December 1, 2020 EP1252-030220-A, approved March 3, 2020, expiring March 3, 2025; and WHEREAS, the City finds that X-Fab Texas, Inc. meets the criteria for tax relief and other incentives adopted by the City on the grounds that it will be located at a qualified business site, will create a higher level of employment, economic activity and stability; and WHEREAS, a public hearing to consider this ordinance was held by the Council on November 2, 2020; NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: SECTION 1. THAT the facts and recitations contained in the preamble of this ordinance are hereby found and declared to be true and correct. SECTION 2. THAT the City nominates X-Fab Texas, Inc. for enterprise project status (single). SECTON 3. THAT the following local incentives, at the election of the governing body, may be made available: a. Jurisdiction -Wide: i) Tax Abatement - The City may abate taxes on industrial projects on the increase in value of real property improvements and eligible personal property jurisdiction wide. 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 City of Lubbock Industrial Tax Abatement Policy, and with qualified employees being defined by the Act. ii) Tax Increment Financing - Three Tax Increment Financing Reinvestment Zones have been established within the City. iii) Freeport Exemption - Freeport goods, as described in Art. 8 Sec. 1 j(a) of the Texas Constitution and Section 11.25 of the Texas Tax Code, are tax exempt pursuant to City of Lubbock Resolution No. 6142, passed December 18, 1998. iv) Zoning ChangesNariances A) Zoning Ordinances of the City may be amended in such a manner as to promote economic development. B) The Zoning Board of Adjustment may grant a variance or a special exception for a particular property. v) Capital Improvements in Water and Sewer Facilities - As part of its ongoing capital improvements program, the City replaces and upgrades its water and sewer infrastructure as required. vi) Creation or improvement of parks - The City has an ongoing park improvement project relating to park amenities. vii) Road Repair - Annual maintenance and repair of roads citywide is provided through an ongoing capital improvements program. viii) Low -interest loans for housing rehabilitation or new construction - The City has a Community Development Program funded from Community Development Block Grants and the HOME program for granting low interest loans for housing rehabilitation or new construction. ix) Promotion and Marketing Services - Lubbock Economic Development Alliance (LEDA), the City's 4A economic development sales tax corporation, and Market Lubbock Economic Development Corporation (Market Lubbock), which is funded almost entirely by the City of Lubbock, provide marketing and promotion services for the City to targeted businesses. x) Customized Job Training - LEDA, the 4A Economic Development Corporation for Lubbock, and Market Lubbock work with new and existing businesses, as part of their programs, to provide job training and job creation incentives on a case -by -case basis. xi) Job Training and Employment Services - The City participates in Workforce Solutions South Plains, the local workforce development board, to provide training, retraining, and employment services for local employers. xii) Streamlined Permitting — The City, through its new online permitting and one stop shop on the l' floor of the new Citizens Tower, provides streamlined permitting. xiii) Improved Police and/or Fire Protection — The City has begun construction on new community police substations as a part of the new community policing model that is a part of the Public Safety Improvements Project which will construct a new police headquarters, three community substations, crime lab/property room, and municipal court. xiv) Community Crime Prevention Programs — The City of Lubbock Police Department have developed crime prevention programs such as the SafeCam program. This program is to deter crime and promote public safety through collaboration between officers and the community they serve. b. In the Enterprise Zones: i) The City may abate taxes on Commercial projects on the increase in value of real property improvements and eligible personal property that locate in one of the following designated enterprise zone block groups: EZ Block Groups: Census Tract 2.01 Block Groups 1 and 2 Census Tract 2.02 Block Group 1 Census Tract 3.01 Block Groups 1, 2, and 3 Census Tract 3.02 Block Groups 1, 2, 4, and 5 Census Tract 6.07 Block Groups 1 and 2 Census Tract 9.00 Block Groups 1 and 4 Census Tract 10.00 Block Groups 1, 2, and 3 Census Tract 12.00 Block Groups 2 and 3 Census Tract 13.00 Block Groups 1, 2, and 3 Census Tract 14.00 Block Groups 1, 2, 3, 4, and 5 Census Tract 23.00 Block Groups 1 and 2 Census Tract 24.00 Block Groups 1, 3, 4, and 5 The level of abatement shall be based upon the extent to which the business receiving the abatement creates jobs for qualified employees and the amount of investment in real property improvements, in accordance with the City of Lubbock Commercial Tax Abatement Policy, and with qualified employees being defined by the Act. ii) The City may make a refund of building permit fees for businesses located in designated enterprise zones as shown in (b)(i). above, in accordance with the City of Lubbock Building Permit Fee Refund Policy. iii) The City may, under appropriate circumstances, sell real property owned by the municipality located in the enterprise zone in accordance with Texas Local Government Code Section 2303.513. SECTION 4. THAT the enterprise zone areas within the City are reinvestment zones in accordance with the Texas Tax Code, Chapter 312: EZ Block Groups: Census Tract 2.01 Block Groups 1 and 2 Census Tract 2.02 Block Group 1 Census Tract 3.01 Block Groups 1, 2, and 3 Census Tract 3.02 Block Groups 1, 2, 4, and 5 Census Tract 6.07 Block Groups 1 and 2 Census Tract 9.00 Block Groups 1 and 4 Census Tract 10.00 Block Groups 1, 2, and 3 Census Tract 12.00 Block Groups 2 and 3 Census Tract 13.00 Block Groups 1, 2, and 3 Census Tract 14.00 Block Groups 1, 2, 3, 4, and 5 Census Tract 23.00 Block Groups 1 and 2 Census Tract 24.00 Block Groups 1, 3, 4, and 5 SECTION 5. THAT the City of Lubbock City Council directs and designates the City Manager and/or his or her designee, as the City's liaison to communicate and negotiate with the Office of the Governor, Economic Development and Tourism (EDT) through the Bank regarding enterprise project(s), and to oversee zone activities and communications with qualified businesses and other entities in an enterprise zone or affected by an enterprise project. SECTION 6. THAT the City of Lubbock City Council directs the City Manager and/or his or her designee, to complete and submit an application to the Bank, nominating X-Fab for the designation as an enterprise project. SECTION 7. THAT the City finds that X-Fab Texas, Inc. meets the criteria for designation as an enterprise project under Chapter 2303, Subchapter F of the Act on the following grounds: a. X-Fab Texas, Inc. is a "qualified business" under Section 2303.402 of the Act since it will be engaged in the active conduct of a trade or business at a qualified business site located in an enterprise zone in the governing body's jurisdiction and at least twenty-five percent (25%) of the business' new employees will be residents of an Enterprise Zone, economically disadvantaged individuals, or veterans; and b. There has been and will continue to be a high level of cooperation between public, private, and neighborhood entities in the area; and C. The designation of X-Fab Texas, Inc. as an enterprise project will contribute significantly to the achievement of the plans of the City for development and revitalization of the area. SECTON 8. THAT the enterprise project shall take effect on the date of designation of the enterprise project by EDT and terminate five (5) years after the date of designation. SECTION 9. THAT should any paragraph, section, clause, phrase or word of this Ordinance be declared unconstitutional or invalid for any reason, the remainder of the Ordinance shall not be affected thereby. SECTION 10. THAT the City Secretary of the City of Lubbock, Texas, is hereby authorized and directed to cause publication of the descriptive caption of this Ordinance as an alternative means of publication provided by law. AND IT IS SO ORDERED. Passed by the City Council on first reading this 2nd day of November , 2020. Passed by the City Council on second reading this 17th day oL November , 2020. DANIEL M. POPE, MAYOR ATTEST: ' aI Rebec arza, City Sec t APPROVED AS TO CONTENT: Q41k- fl.)� Cheryl Brock, Director of Financial Planning & Analysis APPROVED AS TO FORM: fj& 464` elli Leisure, Assistant City Attorney Ord.X-Fab ERZ nomination 10.20.20