HomeMy WebLinkAbout024383 RES - 02/27/2001RESOLUTION
STRONGLY SUPPORTING HOUSE BILL 1449, RELATING
TO EXPIRATION OF THE PROPERTY REDEVELOPMENT
AND TAX ABATEMENT ACT
WHEREAS, tax abatement under Chapter 312, Texas Tax Code, is a an
extremely vital economic development tool which has significantly benefitted Corpus
Christi and the Coastal Bend region; and
WHEREAS, thousands of new jobs have been created and millions of dollars of
new construction have resulted from the economic inducement of tax abatement in
Corpus Christi and the Coastal Bend region; and
WHEREAS, local communities and the State in general would be put in a
position of severe competitive disadvantage with all competing states if tax abatement
was lost in Texas; and
WHEREAS, the authority to utilize tax abatement under Chapter 312 must be
continued for the continued well-being and competitiveness of the State; and
WHEREAS, House Bill No. 1449, introduced by Chairman Oliveira in the 77th
Texas Legislature, would continue tax abatement under Chapter 312.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF CORPUS CHRISTI, TEXAS, THAT:
SECTION 1. The City of Corpus Christi strongly supports passage of House Bill
1449.
SECTION 2. The City Manager is directed to convey the City's strong support
of House Bill 1449 to the Texas Legislature and other interested state and local officials.
ATTEST:
City Secretary
Mayor, The City of Corpus Christi
APPROVED THIS THE X "~DAY OF ~k-~-'~-,~-~ , 2001:
JZ~s ~(~B, r~y Attorney
02438.3
Corpus Christi, Texas
~day of .~.(_0~,,-, ,2001
The above resolution was passed by the~'following vote:
Samuel L. Neal, Jr.
Javier D. Colmenero
Melody Cooper
Henry Garrett
Dr. Arnold Gonzales
Rex A. Kinnison
Betty Jean Longoria
John Longoria
Mark Scott
024383