HomeMy WebLinkAbout025149 RES - 12/17/2002
1
RESOLUTION
ADOPTING THE CORPUS CHRISTI RENEWAL COMMUNITY TAX
INCENTIVE UTILIZATION PLAN
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
CORPUS CHRISTI, TEXAS:
SECTION 1. The Corpus Christi Renewal Community Tax Incentive Utilization Plan is
adopted as the City's plan to satisfy the Federal Department of Housing and Urban
Development's economic growth promotion requirements in 24 CFR 599.1 07(b). A
copy of the plan is attached to this. resolution as Attachment A.
SECTION 2. The City Manager is directed to implement the Corpus Christi Renewal
Community Tax Incentive Utilization Plan, and bring any necessary amendments to the
Code of Ordinances to the City Council for consideration.
ATTEST:
~
Armando Chapa
City Secretary
APPROVED: 10th day of December, 2002.
James R. Bray Jr.
City Attorney
THE CITY OF CORPUS CHRISTI
~- -~~
Samuel L. eal, Jr.
Mayor
By:
R. y eining
Fi st Assistant City Attorney
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Corpus Christi, T~xas
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The above resolution was passed by the following vote:
Samuel L. Neal, Jr. (tl ~ ;
Brent Chesney lll' . )
Mark Scott
Javier D. Colmenero
Henry Garrett
Bill Kelly
Rex A. Kinnison
John Longoria
Jesse Noyola
R22116B1.doc
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Tax Incentive Utilization Plan
11 Economic Growth Promotion - Economic Growth Promotion - The state and local government In which the Renewal Community is located
have repealed, or reduced, will not enforce or will reduce within the nominated area franchises or other restriction on competition for
businesses providing public services, including taxicabs, jitneys, cabie television, or trash hauling in accordance with 24 CFR 599.107(b) (1
(v)
Page
1
10 Economic Growth Promotion - The state and local government in which the Renewal Community is located have repealed, or reduced, will
not enforce or will reduce within the nominated area zoning or other restrictions that impede the formation of schools or child care centers in
accordance with 24 CFR 599.107(b) (1) (iv)
9 Economic Growth Promotion - The state and local government in which the Renewal Community is located have repealed, or reduced
not enforce or will reduce within the nominated area permit requirements for street vendors who do not create a public nuisance, in
accordance with 24 CFR 599.107(b) (1) (iii)
will
8 Economic Growth Promotion - The state and local government in which the Renewal Community is located have repealed, or reduced, will
not enforce or will reduce within the nominated area zoning restrictions on home-based businesses which do not create a public nuisance in
accordance with 24 CFR 599.107(b) (1) (ii)
7 Economic Growth Promotion - The state and local government in which the Renewal Community is located have repealed, or reduced, wil
not enforce or will reduce within the nominated area licensing requirements for occupations that do not ordinarily require a professional
degree in accordance with 24 CFR 599.107(b) (1) (i)
6 Course of Action - The Gift or Sale at below fair market value of surplus or real property held by State or local governments, such as land
homes, and commercial property or industrial structures in the Renewal Community, to neighborhood organizations, community
development corporations, or private companies in accordance with 24 CFR 599.1 07(a)(2)(v)(F)
5 Course of Action - Involvement in Economic Development Activities by private entities, organizations and community groups, particularly
those in the Renewal Community, including a commitment from such private entities to provide jobs and job training for, and technical,
financial, or other assistance to, employers, employees, and residents from the Renewal Community, in accordance with 24 CFR
599.107(a)(2)(v)(E)
41course of Action - Actions to reduce, remove, simplify or streamline governmental requirements applying within the Renewal Community, in
accordance with 24CFR 599.1 07(a)(2)(v)(D)
31course of Action - Crime reduction strategies, such as crime prevention, including the provision of crime prevention services by
nongovernmental entities, in accordance with 24 CFR 599.1 07(a)(2)(v)(C)
21course of Action - An
599. 1 07(a)(2)(v)(B)
increase in the level of efficiency of local services within the Renewal Community, in accordance with 24 CFR
107(a)(2)(v)(A)
1
Course of
Action
A
reduction of tax rate or fees applying within the Renewal Community in accordance with 24 CFR 599
Tax Incentive Utilization Plan
Offered throughout the
Renewal Community
designation period
Page 2
Obtain information from the school district on
the number of Renewal Community residents
who earned their GED through this program
Provide the number of students who are
enrolled in GED classes who live in the
Renewal Community.
21CCISD will assist individuals in obtaining their
2 City of Corpus Christi will provide after school child care for
school - age students through their latchkey program and
provide scholarships to those residents needing financial
assistance for after school care. City will provide SEED
TECH, Safe haven and DEFY programs to those living in the
Weed and Seed area and in the Renewal Community.
GED
Offered throughout the
Renewal Community
designation period
Obtain documentation on the number of
students enrolled in after school programs who
live in the Renewal Community and who
participate in Weed and Seed programs who
ive in the Renewal Community.
1 Texas Department of Economic Development will provide
refunds of state sales and use taxes on equipment,
machinery and building materials for use in the zone. Grant
refunds of state sales taxes paid on labor for building rehab
and taxed paid on electricity and natural gas used by the
project. Grant rebates for new jobs created not just the jobs
that constitute the 25% criteria for economically
disadvantaged persons. Provide franchise tax liability
deductions.
Offered throughout the Provide a report of the number of Texas
Renewal Community Enterprise Zone Projects granted in 2002-2009
designation to projects Obtain from each project, the number of jobs
nominated and accepted created, number of jobs for economically
through the Texas Economic Idisadvantaged, value of project on the tax rol
Development. vs. previous value, to demonstrate gain in
value.
1 The City will offer tax abatement to basic manufacturing or
service facilities, petrochemical facilities, regional
telecommunications/data processing centers, and regional
visitor/amusement facilities, and residential redevelopment
facilities in the Renewal Community. Only projects that
employ more than 50 individuals can be considered for
abatement. Abatement will be for construction period and 5
years after, or as amended by City Council during the
Renewal Community period
Offered from 2004 to 2009.
Abatement during the
construction period and 5
years after building is placed
in service or as amended by
City Council.
Provide a list of businesses that were granted
tax abatement in the City's Renewal
Community. Obtain information on the number
of jobs created by each entity and a comparison
of taxes paid with abatement vs. without
abatement in order to demonstrate savings to
the Renewal Community business.
Commitment
Number
Specific Actions the Renewa
take to achieve commitment
Community wi
Timetable for Actions
Taken
Describe what the Renewal
Community will do to measure and
evaluate the success of each action
I
I
I
I
I
I
Tax Incentive Utilization Plan
21Local CPA organizations will promote the Renewal
Community tax incentives through newsletters and seminars
Page 3
Obtain information on the number of CPAs
attending each of the seminars where the
Renewal Community incentives were discussed
and number of newsletters distributed
21GUlf Coast Council of La Raza will assist families with
services and employment training to become employed
Offered throughout the
Renewal Community
designation ~riod
Annual
Obtain information on the number of people
assisted who live in the Renewal Community.
2 Del Mar will promote growth, expansion, innovation,
increased productivity and improved management for small
businesses.
Offered throughout the
Renewal Community
designation period
Obtain information on services provided to
businesses in the Renewal Community and
throughout the City.
2 Corpus Christi Regional Transportation Authority will provide
safe dependable service to residents of the Renewal
Community.
Offered throughout the
Renewal Community
designation period
Obtain ridership information in the areas in the
Renewal Community. Work with the RTA to
determine if additional services are needed and
provide the services.
2 Coastal Bend Workforce Development board will fund a
variety of services to assist individuals in obtaining
employment and businesses to recruit employees in
Renewal Community.
Renewal Community will work with the Board
identify methods to target the Renewal
Community Businesses and residents of the
Renewal Community to provide services. Each
year the Renewal Community will obtain the
number of individuals living in the Renewal
Community assisted and the number of
businesses in the Renewal Community assisted
each year.
the
Offered throughout the
Renewal Community
designation period
2 City of Corpus Christi will provide CDBG, HOME and ESG
funds for implementing the Renewal Community and projects
and programs that assist low -moderate income individuals in
the Renewal Community including services, housing, and
projects that promote economic development.
Offered throughout the
Renewal Community
designation period
to
Obtain information to determine projects and
programs funded that were located in the
Renewal Community area and projects and
programs that assisted businesses in the
Renewal Community or individuals residing in
the Renewal Community. Obtain information
on the number of houses rehabilitated and
constructed in the Renewal Community each
year. This year the City is renewing its 5-year
consolidated plan in 2003. The City will
incorporate the Renewal Community in the plan
and submit to HUD the TIUP as a
Neighborhood Revitalization Strategy in 2003.
In addition, the City will provide revised
commitments to HUD regarding its
commitments to the Renewal Community In
2003.
Tax Incentive Utilization Plan
21Workforce Network wil
services.
provide employers and job seekers
Offered throughout the
Renewal Community
designation period
2 Youth Opportunities United will submit $150,000 per year in
grant applications for projects that improve local services in
the Renewal Community, specifically programs that target at-
risk youth and delinquent youth.
Offered throughout the RC
designated period
Renewal Community will work closely with the
YOU to submit grant applications for projects
and programs targeting at-risk youth and
delinquent youth. The RC will obtain information
from the YOU of the number of grants
submitted and amounts received that affect
individuals living in the RC or services being
provided in the Renewal Community.
Obtain information from the WN on the number
of job seekers and employers assisted who live
or are located in the Renewal Community.
Page 4
21Nueces County Health Department wil
services to the public.
Offered throughout the
Renewal Community
designation period
Renewal Community will work with the Health
department to reach out to the Renewal
Community and obtain information from the
Health Department of the number of animals
picked up in the Renewal Community,
presentations made in the Renewal
Community, participation in health fairs in the
Renewal Community, number of patients seen
who reside in the Renewal Community, number
Renewal Community residents receiving WIC.
provide health
21Texas A&M University - Corpus Christi will provide training
opportunities to businesses and their employees. Staff will
assist in obtaining grant funding to implement the Renewal
Community and survey businesses in the Renewal
Community annually.
21Nueces County Community Action Agency will provide
necessary information for persons needing health services
Offered throughout the
Renewal Community
designation period
Offered throughout the
Renewal Community
designation period
Obtain information from the University on the
number of businesses assisted and number of
employees trained, specifically those who are
ocated in the Renewal Community.
Obtain information on the number of people
assisted who live in the Renewal Community
2 Metro Ministries will assist low - income families and
homeless individuals with housing, employment and other
basic needs.
Offered throughout the
Renewal Community
designation period
Obtain information on the number of people
assisted who live in the Renewal Community or
homeless people who are in the Renewal
Community. Obtain information on the types of
services provided to the homeless.
21Corpus Christi Beach Association will promote the tax
incentives to their members through newsletters and
meetings.
Obtain information on the number of
newsletters distributed and number of member
attending the meetings
2 Real Estate Board will host meeting to inform Commercial
Real Estate brokers and agents of the incentives in the
Renewal Community.
Annual
Annual
Obtain information on the number of Brokers
and agents attending the meeting.
Tax Incentive Utilization Plan
3 City of Corpus Christi will renew its crime control district from 12002-2007
2002-2007 in order to fund 50 additional police officers in high
crime areas of the City, to decrease the incidence of criminal
offenses associated with young offenders, to provide
preventive measures to break the cycle of gang recruitment
and violence, to reduce citizens' fear of crime, to further the
ability of Police to fight crime by adding technological
enhancements and new equipment.
31The Police Department's Crime Prevention Specialists will
provide information to Senior Citizens in the Renewal
Community on crime prevention.
Page 5
Renewal Community will work with the Police
Department to reach out to the Renewal
Community senior citizen community and
provide information about crime prevention to
seniors. Renewal Community will obtain
information on the number of Seniors who live
in the Renewal Community who have been
provided this information.
Obtain information from the Police Department
of the number of additional police officers that
were assigned to the Renewal Community,
obtain number of young offenders who resided
in the Renewal Community each year and
compare to previous years, obtain information
on the preventative measures taken in the
Renewal Community to prevent gang
recruitment and violence, obtain a crime report
for each year and compare to previous year to
demonstrate how crime has been reduced in
the Renewal Community.
3 The Police Department's Crime Prevention Specialists will
conduct Homeowners Insurance Premium Reduction Surveys
for citizens in the Renewal Community who request at no
charge.
2002-2009
Renewal Community will work with the police
department to reach out to the Renewal
Community residents and obtain information of
the number of surveys conducted in homes in
the Renewal Community area each year.
ongoing
31The Police Department will work with citizens to develop IOffered throughout the
Neighbors on Watch (NOW)Programs in neighborhoods in the Renewal Community
Renewal Community Designation Period
Renewal Community will work with the police
department to reach out to the Renewal
Community residents and obtain information of
the number of NOW programs developed in the
Renewal Community area each year.
21YWCA will provide services that transform
and women.
Offered throughout the
Renewal Community
designation period
obtain information on the number of girls and
women assisted who live/work in the Renewal
Community
the lives of girls
21YMCA will assist parents with childcare needs.
Offered throughout the
Renewal Community
designation period
Obtain information on the number of youth who
received services who lived in the Renewal
Community
Tax Incentive Utilization Plan
5 City will develop a Business Resource Center in Corpus
Christi with various partners including the Wests ide Business
Association, Black Chamber of Commerce, Hispanic
Contractors Association, Minority Business Development
Center, Coastal Bend Minority Council and the Corpus Christi
Business Resource Center to assist businesses with
'mportant resources necessary for success.
Page 6
The Renewal Community will work with the
BRC to target businesses in the Renewal
Community or promote business development
in the Renewal Community and obtain
information from the Center on the number of
businesses assisted through the Center and the
number of businesses assisted who are located
in the Renewal Community or are conducting
business in the Renewal Community.
5 City of Corpus Christi will construct a new arena, expand the
convention center and improve the seawall in the Renewal
Community area to promote economic development. Voters
approved these projects in 2000. The City will involve the
Corpus Christi Convention and Visitors Bureau and the
Corpus Christi Chamber of Commerce in attracting
conventions to the community. In addition these
organizations will work closely with hotels in the community to
assist convention organizers with their planning efforts.
2003-2009
The Renewal Community will obtain information
from the Convention and Visitors bureau of the
number of conventions held and number of
visitors who stayed in hotels within the Renewal
Community. Renewal Community will obtain
information of the tourism dollars generated into
our local economy due to the expansion of the
convention center and arena.
5 City of Corpus Christi will identify buildings that are
abandoned and are currently being "drug houses" to
demolish.
To be completed by 2007
Renewal Community will work with
Neighborhood Visions to identify buildings and
obtain information from Neighborhood Visions
to identify number of buildings demolished in
the Renewal Community
4 City of Corpus Christi will assist families connect with the
services needed to aid their children in avoiding delinquency
and in becoming productive citizens. City will implement a
number of programs targeted at the Renewal Community.
2002-2009
Obtain information on the number of families
assisted who live in the Renewal Community
and the programs implemented in the Renewal
Community. Track changes in crime throughout
the Renewal Community
4 City of Corpus Christi will streamline construction permitting
through the development of a one - stop development center
for permitting, building inspection, city planing and
engineering
2003-2009
2003-2009
The City will promote the one-stop center,
which will be located in the Renewal
Community, via internet including "What's New"
and "Current Projects" to inform the public of
new publications, and what is happening regard
major projects. City will develop PSAs for
broadcast on TV regarding the new center. City
will survey developers to determine the
effectiveness of the one stop shop and solicit
'nput.
Tax Incentive Utilization Plan
5 Corpus Christi Regional Economic Development Corporation
will promote the Renewal Community and its tax incentives
through mass direct mail to businesses interested in
relocating.
Page 7
Obtain information on the number of direct mail
pieces sent with Renewal Community
information and number of jobs created in
Corpus Christi and the Renewal Community
and number of businesses that located to the
Renewal Community and Corpus Christi as a
result of their marketing efforts.
5 Downtown Management District will promote the Renewal
Community incentives to its businesses and assist in
attracting businesses and new development to the downtown
area.
ongoing
Renewal Community will work with the
Downtown Management district to promote the
Renewal Community incentives to new and
existing businesses in the Renewal Community
and identify methods and partnerships to
increase development. Annually report the
businesses contacted, plans developed,
funding mechanisms identified to improve the
downtown area, projects developed,
investments made. Report on the dollars
invested to improve the attractiveness of the
downtown area, improvements made to the
downtown area, programs to assure the safety
and cleanliness of downtown
5 Corpus Christi Chamber of Commerce will foster business
growth by advocating business issues, enhancing the
business climate, providing services to members and
marketing the Renewal Community benefits to theirs
members.
ongoing
Obtain information on services provided that
affect the Renewal Community
51corpus Christi Beach Association in partnership with the City
of Corpus Christi will construct a boardwalk on Corpus Christi
Beach, which is to increase tourism in Corpus Christi
ongoing
To be completed by 2009
51corpus Christi Hispanic Chamber of Commerce will partner
with the City of Corpus Christi to assist in publicizing and
marketing the tax incentive to members and potential
members of the organization.
Ongoing
The Renewal Community will work closely with
the Hispanic Chamber of Commerce to market
tax incentives to members of the organization
through various marketing strategies. RC will
work with chamber to report the types of
marketing strategies used each year and
distribution or contacts made.
The Renewal Community will work with the CC
Beach Association to obtain funding for the
project and obtain information from the CC
Beach association on the increased business
as a result of the Boardwalk.
Tax Incentive Utilization Plan
Page 8
9 The City of Corpus Christi will reduce the permit fees for
street vendors who operate exclusively in the Renewal
Community area.
8 The City will reduce the local requirements for child care
home business by allowing the day care providers to increase
the number of children allowable, as long as they meet the
State of Texas requirements and are located in the Renewal
Community Area. City will issue special permits for the day
care providers in homes.
2004-2009
n 2003, the City will reduce the local
requirements for childcare businesses in the
home, through a regular public hearing process
The Effective date will be January 2004-
December 2009. Each year from 2004-2009,
the RC will obtain information to determine the
number of businesses taking advantage of this
reduction in requirements.
In 2003 the City will adopt the changes through
a regular public hearing process to allow the
changes in the Renewal Community. The
changes will be effective beginning January
2004 ending December 2009. From 2004-2009,
Renewal Community will obtain information on
the number vendors receiving discounts on the
permit to operate in the Renewal Community
area and the savings per vendor.
6 Not applicable to this TIUP
7 The City will reduce fees for Renewal Community residents
who are pursuing the Certified Electrical Maintenance
Registration Exam, Maintenance Electrical License, Master
Electrician License, Master Electrician Sign or Elevator
License, Limited Journeyman Electrician License, or
Journeyman Electrician License
2004-2009
NA
2004-2009
n 2003 the City will adopt a fee change through
a regular public hearing for these licenses. A
process will be established in 2003 and
implemented in January 2004. The effective
date will be January 2004-December 2009.
Each year in 2004-2009, the Renewal
Community will obtain information on the
number of residents taking advantage of this
incentive.
51Westside Business Association will promote the Renewal
Community among their members by providing information in
newsletters, and hosting seminars. Adopt a school in the
Renewal Community.
Throughout the Renewal
Community period
NA
Obtain information of services and assistance
provided.
5 The Renewal Community in partnership with the Coastal
Bend Bays and Estuaries Program and Texas General Land
Office will provide funding to renourish beaches in the
Renewal Community region and surrounding the Renewal
Community, renourish Sunfish Island and dredge the area in
and surrounding the marina to encourage tourism and
economic develo ment in the re ion.
5 City of Corpus Christi will partner with developers to improve
and or increase housing in the Renewal Community.
ongoing
Provide a report on the number of housing units
built or renovated each year in the Renewal
Community
To be completed in 2003
Provide a report on the investment made
Renewal Community to renourish McGee
Beach, Corpus Christi Beach, Sunfish Island
and Marina Dredging.
in
the
Tax Incentive Utilization Plan
11 The City of Corpus Christi will ramend its ordinances to
reduce fees for solid waste hauler for hire and self-hauler
permits for collection of solid wastes within the boundaries of
the Renewal Community.
Page 9
The City will amend the ordinance in 2003
through a regular public hearing process and
will set fees for permits. The effective date will
be January 2004 to December 2009.
Information will be obtained on an annual basis
on the number of solid waste hauler for hire and
self-hauler permits issued and the amount
saved per business.
11[The City will amend its ordinances to reduce street use fees
for taxicabs operating exclusively in the RC
2004-2009
The City will amend the ordinances in 2003
through a regular public hearing process and
will set forth reduced fees for taxicabs operating
in the RC. The effective date will be January
2004 to Dec. 2009. Information will be obtained
on an annual basis on the number of taxicabs
receiving this discount and the amount saved
per business
2004-2009
11 The City of Corpus Christi will amend its ordinances to reduce 12004-2009
permit fees and street use fees for limousines or sightseeing
services operating exclusively in the RC.
10lCity will reduce permit and survey fees by for construction
and renovation of buildings and structures located within the
Renewal Community,
2004-2009
n 2003, through a public hearing process, the
City will reduce the permit and survey fees for
construction and renovation of buildings and
structures located within the Renewal
Community, including daycare centers and
schools The effective date will be January
2004-December 2009. The changes will be
publicized through a news release and via the
internet. RC will obtain information of the
number of permits and fees charged for
projects in the RC and the savings per entity.
The City of Corpus Christi will amend the
ordinance in 2003 through a regular public
hearing process and will set forth-reduced fees
for limousine and sightseeing services
operating exclusively in the RC. The effective
date will be January 2004 to December 2009. In
formation will be obtained each year to
determine the number of businesses taking
advantage of this incentive and the savings per
business.
Tax Incentive Utilization Plan
Renewal
Communify
businesses and
businesses who
conducf work in
the Renewal
Community
Page
Renewal Community will Renewal Community will conduct a survey each
publicize information on year beginning in 2003 to determine the
Renewal Community EC tax number of businesses in Corpus Christi who
credit to businesses through were able to take the Renewal Community EC
seminars, workshops, in the previous year.
internet, and through articles,
and by providing materials to
Chamber of Commerce. City
of Corpus Christi
Development Center,
Hispanic Chamber of
Commerce, Wests ide
Business Association and
other partnering
organizations.
10
2002-2009
Target
Audience
Timetable for
ncentive
Actions
Tax Incentive Utilization Plan
Targef Audience
Renewal
Community
businesses and
of her Businesses
Renewal
Communify
businesses and
of her Businesses
Wfj11.in;TItglWdl:~lWag~!!~C#iliit'~t.
Timetable for incentive
2002-2005
Page
11
Actions
Renewal Community will Renewal Community will obtain information
publicize information on WtW from the Texas Workforce Commission the
tax credit to businesses state agency that certifies the WTW to
through seminars, determine the number of individuals who have
workshops, internet, and been certified in Corpus Christi. Renewal
through articles, and by Community will also conduct a survey each
providing materials to year beginning in 2003 to determine the
Chamber of Commerce, City number of businesses in Corpus Christi who
of Corpus Christi were able to take the WTW in the previous
Development Center, year.
Hispanic Chamber of
Commerce, Westside
Business Association and
other partnering
organizations.
Renewal Community will Renewal Community will obtain information
publicize information on from the Texas Workforce Commission the
WOTC tax credit to state agency that certifies the WOTC to
businesses through determine the number of individuals who have
seminars, workshops, been certified in Corpus Christi. Renewal
internet, and through articles, Community will also conduct a survey each
and by providing materials to year beginning in 2003 to determine the
Chamber of Commerce, City number of businesses in Corpus Christi who
of Corpus Christi were able to take the WOTC in the previous
Development Center, year.
Hispanic Chamber of
Commerce, Wests ide
Business Association and
other partnering
organizations.
Target
Audience
2002-2005
Timetable for
ncentive
Actions
Evaluation
Targef Audience
Renewal 2002-2009
Communify
Businesses
C;oJtfmi~lil~fj,ijltRli~~f!
Target Audience Timetable I
Business 2002-2009
Tax Incentive Utilization Plan
Renewal Community will
develop the State Plan with
the CRA and a local plan to
allocate the CRD. The CRD
will be marketed through the
various partners and
publicized through public
notice, news releases, and
internet. The Renewal
Community will work with the
business organizations in the
community to raise
awareness of the incentive
and the application process.
Renewal Community will
publicize information on 179
Deductions to businesses
through seminars,
workshops, internet, and
through articles, and by
providing materials to
Chamber of Commerce, City
of Corpus Christi
Development Center,
Hispanic Chamber of
Commerce, Westside
Business Association and
other partnering
organizations.
Through surveys, the Renewal Community will
provide the number of businesses that are
aware of the increased section 179 deduction, if
they had taken the deduction or planning on
taking the deduction, reasons for not taking the
deduction.
Renewal Community will report each year
beginning in 2003, the investments made in the
Renewal Community due to this incentive, the
increased property value due to the investment,
the number of projects and allocations
requested, the number of jobs created through
each allocation.
Page 12
Targef Audience
Renewal 2002-2009
Communify
businesses and
other Businesses
(Jualif{eflil:one,!'Aca'8im
Targef Audience Timetable f
CC/SD 2002-2009
CC/SD 2002-2009
Tax Incentive Utilization Plan
Develop a construction/GED-
training program modeled
after YouthBuild, which can
be funded by HUD-
YouthBuild Funds, CDBG,
which can serve as a pilot
project for developing a
vocational training academy.
Renewal Community will
discuss QZABS with CCISD
and private industry.
Renewal Community will
facilitate training schools.
Page
mplementation of a Construction
program for 16-25 year olds.
Creation of an "Academy" by the end of 2009
Provide actions taken each year, contacts
made and status of developing an academy.
Upon completion, Renewal Community will
obtain information on the number of students
served at the Academy.
13
traininglGED
Actions
Renewal Community will
publicize information on the
Environmental Cleanup Cost
Deduction to businesses
through seminars,
workshops, internet, and
through articles, and by
providing materials to
Chamber of Commerce, City
of Corpus Christi
Development Center,
Hispanic Chamber of
Commerce, Westside
Business Association and
other partnering
organizations.
Renewal Community will work with the State
environmental agency to increase awareness of
this benefit and will obtain information each
year on the number of businesses in Corpus
Christi taking advantage of this incentive and
the deduction being taken.
Target Audience Timetable for incentive
Renewal 2002-2009
Communify
businesses
N~~rM}ffKiiJi ililtiiqlf!~~!~
Targef Audience Timefable for in
Renewal 2002-2009
Communify &
Of her low income
areas
Tax Incentive Utilization Plan
Page
Host workshop with Banks Renewal Community will report the number of
and other investors and investors attending the workshop, the status of
Community Development becoming a CDE and the amount of allocations
Organizations to increase requested from the CDFI for allocations. Should
awareness of the NMTC. the CDE in Corpus Christi receive allocations,
Renewal Community will the Renewal Community will work closely with
work with organizations to the CDE to report the number of loans made
apply to the Community and the amount if loans made within the
Development Financial Renewal Community, number of jobs created
Institution to become a CDE. by the new investments and property value
Renewal Community will increases as a result of the investments.
work with the newly
designated CDE to develop a
proposal to the CDFI for
allocations of NMTC in order
to make loans to businesses
in the Renewal Community
area.
14
Actions Evaluation
Renewal Community will Through surveys, the Renewal Community will
publicize information on the provide the number of businesses that are
Zero Percent Capital Gains aware of the 0% capital Gains Rate, if they
Rate for Renewal Community planned to take the incentive and if not, why.
assets to businesses through
seminars, workshops,
internet, and through articles,
and by providing materials to
Chamber of Commerce, City
of Corpus Christi
Development Center,
Hispanic Chamber of
Commerce, Westside
Business Association and
other partnering
organizations.
2002-2009
Housing 2002-2009
Developers
Tax Incentive Utilization Plan
Page
Provide information to Renewai Community will obtain information
developers regarding the from the Texas Department of Housing and
benefits of housing in the Community Affairs of the number of projects in
Renewal Community and the Corpus Christi and the number of units set
IRS, including HUD funds aside for low-income families.
and Low Income Housing
Tax Credit.
15
Submit the TIUP as a Renewal Community will obtain information to
Neighborhood Revitalization determine the number of housing units created
Strategy to HUD in order to pursuant to this Neighborhood Revitalization
provide greater flexibility to Strategy.
carry out housing programs
in the Renewal Community
and provide added benefit to
housing projects seeking
L1HTC.
Tax Incentive Utilization Plan
Continuously solicit new partners to optimize the potential for lowering the unemployment rate, poverty
raising the household income of individuals in the RC and promoting economic development in the RC
Page
rate and IAnnuallY report partners and their commitment
to the RC and their outcomes
16
Develop short videos to increase awareness of the Renewal Community incentives. The video will be broadcast
on public access and used as a marketing piece for businesses inquiring about locating to the Renewal
Community.
Broadcast of the video. Number of videos
distributed and the results of the distribution
Present custom proposals to private industry that will employ more than 50 workers and who are seeking to
locate in the Renewal Community.
Provide the number of custom proposals
submitted each year and results (investments
made to the Renewal Community and the
number of jobs created.
Provide signs along the perimeter of the Renewal Community to indicate the boundary of the Renewal
Community or entering the Renewal Community
Signs are
to be installed in 2003
Renewal Community will develop a resource guide with business partnering agencies to promote the business Number of guides distributed. Survey
partnering organizations and their services, business resource center and their services, Texas Enterprise Zone Ibusinesses to determine effectiveness of the
benefits, City tax incentives, Development Center, Renewal Community Tax Incentives. guide.
Renewal Community will develop and conduct surveys to determine the level of participation in the Renewal
Community incentives and knowledge of these incentives to plan for future marketing campaigns
Survey
results
Sfrafegy
Evaluafion