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HomeMy WebLinkAbout027930 ORD - 11/11/2008AN ORDINANCE DESIGNATING THE LON C. HILL POWER PLANT REINVESTMENT ZONE, WITHIN THE CITY OF CORPUS CHRISTI, TEXAS, UNDER 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 Council of the City of Corpus Christi to designate a zone for property tax abatement under the 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 economic opportunities, strengthen the real estate market, and generate tax revenues to support local services; and WHEREAS, on Monday, November 3, 2008, notice of a public hearing on the designation of the proposed Zone was published in a newspaper of general circulation in the City of Corpus Christi, and on Monday, November 3, 2008, 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 with property within the proposed Zone under the Act; and WHEREAS, the City Council of the City of Corpus Christi conducted a public hearing on Tuesday, November 11, 2008, at which all interested persons were entitled to speak and present evidence for or against the designation of a zone for temporary property tax abatement; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. Creation of Zone. The City of Corpus Christi finds and determines that the improvements proposed by Lon C. Hill, L.P., within the Reinvestment Zone are feasible and practical and would be a benefit to the land to be included in the Lon C. Hill Power Plant Reinvestment Zone, and to the City, after any tax abatement agreements entered into under the Act have expired. The area to be designated as the Lon C. Hill Power Plant Reinvestment Zone under the Act is reasonably likely, as a result of the designation, to contribute to the expansion of primary employment and will attract major investment in the Zone that would be a benefit to the property and would contribute to the economic development of the City. The Lon C. Hill Power Plant Zone is located at , Corpus Christi, Texas, and the boundaries are more particularly described on Exhibit A attached to this ordinance and incorporated into this ordinance by reference. SECTION 2. That upon written request of the Mayor or five Council members, copy attached, the City Council finds and declares an emergency due to the need for immediate action necessary for the efficient and effective administration of City affairs and suspends the Charter rule as to consideration and voting upon ordinances at two 027930 Reinvestment Zone Ord -- Lon C Hill 10312008.doc INDEXED regular meetings so that this ordinance is passed upon first reading as an emergency measure on this 1 lth day of November, 2008. ATTEST: Armando Chapa City Secretary APPROVED: November 3, 2008 R. Jay jteinin First Assistaf t City Attorney For City Attorney Reinvestment Zone Ord -- Lon C Hill 10312008.doc CITY OF CORPUS CHRISTI ry Garr-tt Mayor, Cit of Corpus Christi 2 Corpus Christi, Texas I I*day of November, 2008 TO THE MEMBERS OF THE CITY COUNCIL Corpus Christi, Texas 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: 1/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, The above ordinance was passed Henry Garrett Melody Cooper Larry Elizondo, Sr. Mike Hummell Bill Kelly Priscilla G. Leal John E. Marez Nelda Martinez Michael McCutchon Respectfully, He, Garre Mayor, City o Corpus Christi by the following vote: Reinvestment Zone Ord -- Lon C Hill 10312008.doc j\0 027930 3 EXHIBIT A tNo 0 PUBLISHER'S AFFIDAVIT x($438 State of Texas } CITY OF CORPUS CHRISTI County of Nueces 1 Ad # 5881094 PO # Before me, the undersigned, a Notary Public, this day personally came JENNIFER HOBBS, who being first duly sworn, according to law, says that she is LEGAL SALES REPRESENTITIVE AND EMPLOYEE OF' THE PUBLISHER, namely, the Corpus Christi Caller -Times, a daily newspaper published at Corpus Christi in said City and State, generally circulated in Aransas, Bee, Brooks, Duval, Jim Hogg, Jim Wells, Karnes, Kenedy, Kieberg, Live Oak, Nueces, Refugio, San Patricio, Victoria and Webb Counties, and that the publication of, NOTICE OF PUBLIC HEARING The City of Cor which the annexed is a true copy, was inserted in the Corpus Christi Caller -Times on the 11/3/2008, 11/3/2008. $ 122.94 1Time(s) On this 10417\ day of n 1 d �U I certify that the attached document is a true and an exact copy made by publisher. v:• MEIN J. MEDINA MY COMMISSION 12EXPIRES August 2, 20 tary Public, State of Texas CALLER TIMES • November 3, 2008 • Monday • 5F • NOTICE OF PUBLIC HEARING The City of Corpus Christi is considering the designation of the Lon C. Hill power sta- tion as a reinvestment zone under Section 312.201, Texas Tax Code. The, City Coun- Legal Notices 1110 cil will hold a public hearing on Tuesday, November 11, 2008, at its regularly sched- uled meeting, which commences at 10:00 a.m., City Hall, 1201 Leopard, Corpus Christi, Texas. The map of the location for the proposed reinvest- ment zone is available in the City Secretary's Office located in City Hall. At the hearing, interested persons are entitled to speak and present evidence for or againstthe desig- nation. Js/ Armando Chapa City Secretary City of Corpus Christi