HomeMy WebLinkAbout032395 ORD - 03/30/2021One -reading ordinance approving the amended Tax Increment
Reinvestment Zone #3 Project & Financing Plans to modify the
Streescape and Safety Improvement Program approved by the Board
of Directors of Reinvestment Zone Number Three, City of Corpus
Christi, Texas on March 30, 2021.
WHEREAS, in 2008, through Ordinance 027996, the City of Corpus Christi created a tax
increment financing district, to be known as "Reinvestment Zone Number Three, Corpus
Christi, Texas," over a portion of the city that includes the City's downtown area;
WHEREAS, Ordinance 027996 included a preliminary reinvestment zone financing plan;
WHEREAS, on August 25, 2015, the City Council passed Ordinance 030592, which
approved the "Tax Increment Reinvestment Zone #3 Amended Project & Financing Plan";
WHEREAS, the "Tax Increment Reinvestment Zone #3 Amended Project & Financing
Plan" was last amended by City Council on March 23, 2021;
WHEREAS, on March 30, 2021, the Board of Directors of Reinvestment Zone Number
Three passed a motion recommending an amendment to the "Tax Increment
Reinvestment Zone #3 Amended Project & Financing Plan" that expands the Streetscape
and Safety Improvement Program to cover patio cafes as an exterior improvement;
WHEREAS, Texas Tax Code Section 311.011(d) provides that the governing body of the
municipality that designated the zone must approve a project plan or reinvestment zone.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL FOR THE CITY OF
CORPUS CHRISTI, TEXAS:
SECTION 1. The City Council approves the Project Plan and Reinvestment Zone
Financing Plan for Tax Increment Reinvestment Zone #3, Corpus Christi, Texas for the
Reinvestment Zone Number Three, City of Corpus Christi, Texas, as approved by the
Board of Directors of Reinvestment Zone Number Three on March 30, 2021. A copy of
the Plan is attached hereto and incorporated by reference.
SECTION 2. Upon written request of the Mayor or five City Council members, copy
attached, the City Council: (1) finds and declares an emergency due to the need for
immediate action necessary for the efficient and effective administration of City affairs
and (2) suspends the Charter rule that requires consideration of and voting upon
ordinances at two regular meetings so that this ordinance is passed and takes effect upon
first reading as an emergency measure on this 30th day of March, 2021.
ATTEST: / CITY OF CORPUS CHRISTI
Rebecca Huerta
City Secretary
Paulette M. Guajardo
Mayor
032395
or -0
SCANNED
3 day of mckrc h
, 2021.
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: 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
&1104,
aulette M. Guajardo
Mayor
The above ordinance was passed by the following vote:
Paulette M. Guajardo
Roland Barrera
Gil Hernandez
Michael Hunter
Billy Lerma
John Martinez
Ben Molina
Mike Pusley
Greg Smith
032395