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Ord 65-2019 Canceling Reinvestment Zone 300 Travis 12/17/2019 Ordinance No. 65-2019 Ordinance repealing Ordinance 33-2017 and canceling a Reinvestment Zone that is located at 300 Travis WHEREAS, on August 1, 2017, the City Council of the City of Wichita Falls, Texas approved Ordinance 33-2017, which created the Convention Reinvestment Zone; and, WHEREAS, for the last two years, that zone has remained vacant and no business has occupied that Convention Reinvestment Zone; and, WHEREAS, the City wishes to abandon the Convention Reinvestment Zone. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: 1. The City Council makes the following findings: a) The Convention Reinvestment Zone has remained vacant and no business has made of use of the Convention Reinvestment Zone. b) The Convention Reinvestment Zone in its current iteration is too small to benefit the City in any meaningful way. 2. The City hereby terminates the Convention Reinvestment Zone as described in Ordinance 33-2017, and the ordinance creating said zone is hereby repealed and terminated and shall be null and void and have no further force and effect. th PASSED AND APPROVED this the 17 day of December, 2019. ______________________________ M A Y O R ATTEST: ____________________ City Clerk