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HomeMy WebLinkAbout022323 ORD - 08/22/1995AN ORDINANCE DESIGNATING THE MCA ZONE FOR TEMPORARY PROPERTY TAX ABATEMENT PURSUANT TO THE PROPERTY REDEVELOPMENT AND TAX ABATEMENT ACT (CHAPTER 312 OF THE TEXAS TAX CODE); AND DECLARING AN EMERGENCY. WHEREAS, the Texas Property Redevelopment and Tax Abatement Tax (the "Act"), Texas Tax Code, Chapter 312, as amended, authorizes the City of Corpus Christi, Texas, to designate a zone for property tax abatement pursuant to said Act; and WHEREAS, it is the policy of the City to encourage the redevelopment of areas wherein the creation and retention of new jobs and investment will benefit the area economy, provide needed opportunities, strengthen the real estate market and generate tax revenues to support local services; and WHEREAS, an application for tax abatement was submitted by the Marketing Corporation of America (MCA) requesting the designation of a zone (the "MCA Zone" or the "Zone") and the offering of tax abatement for the construction of a Regional Telecommunications Facility in accordance with the Guidelines and Criteria for Granting Tax Abatement adopted by the City; and WHEREAS, on August 15, 1995, notice of a public hearing on the designation of such Zone was published in a newspaper of general circulation in the City, and on August 14, 1995, such notice was given by U.S. mail, certified, postage prepaid, return receipt requested, to the presiding officer of the governing body of each taxing unit including property in the proposed Zone in accordance with the Act; and WHEREAS, the City Council of the City of Corpus Christi, Texas, conducted a public hearing on August 22, 1995, at 2:00 p.m., at which all interested persons were entitled to speak and present evidence for or against the designation; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. That the City finds and determines that the improvements sought under the application for tax abatement presented by Marketing Corporation of America are feasible and practical and would be a benefit to the land to be included in the MCA Zone and to the City after a tax abatement agreement entered into in accordance with the Act has expired. SECTION 2. That the area to be designated as the MCA Zone under the Act is reasonably likely, as a result of the designation, to contribute to the retention or expansion of primary employment and will attract major investment in the Zone that would contribute to the economic development of the City. h:Veg-dir\shared\mcazone 0223'23 T SECTION 3. That the boundaries of the MCA Zone are more particularly described on Exhibit A attached hereto and incorporated herein by reference. SECTION 4. That upon written request of the Mayor or five Council members, copy attached, to find and declare an emergency due to the need for immediate action necessary for the efficient and effective administration of city affairs, such finding of an emergency is made and declared requiring suspension of the Charter rule as ro consideration and voting upon ordinances at two regular meetings so that jhis ordinance is passed and shall take effect upon first reading as an emergency measure this the 1 day of Nit, It 1991. ATTEST: City Secretary APPROVED:/& DAY OF , 1995 JAMES R. BRAY JR., CITY ATTORNEY By ctieltaWC Assist Attorney ant Cit 1 h:\leg-dir\shared\mcazone THE CITY OF CORPUS CHRISTI MAYOR CITY OF CORPUS CHRISTI EXHIBIT A Lot B-6, Laguna Business Center, a subdivision in the City of Corpus Christi, Texas, as shown by map or plat thereof recorded in the Map Records of Nueces County, Texas, and being known as 10201 South Padre Island Drive. O:\111ABAT ORDMCA.222-15 -3- Corpus Christi, Texas 22 day of TO THE MEMBERS OF THE CITY COUNCIL Corpus Christi, Texas , 19 q5 For the reasons set forth in the emergency clause of the foregoing ordinance an emergency exists requiring suspension of the Charter rule as to consideration and voting upon ordinances at two regular meetings: I/we, therefore, request that you suspend said Charter rule and pass this ordinance finally on the date it is introduced, or at the present meeting of the City Council. Respectfully, Respectfully, Council Members MAYOR THE CITY OF CORPUS CHRISTI The above ordinance was passed by the following vote: Mary Rhodes Dr. Jack Best Betty Black Melody Cooper Tony Heldenfels Betty Jean Longoria John Longoria Edward A. Martin Dr. David McNichols \forms\045 cur a0"' air G.auti Y. 022323