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Ord 24-2021 Designating Reinvestment Zone 2400 Burk Road Clayton Homes 08/03/2021 Ordinance No. 24-2021 Ordinance designating property as a Reinvestment Zone that is located at 2400 Burkburnett Road in Wichita Falls, Texas, providing for severability; and providing an effective date WHEREAS, the City Council of the City of Wichita Falls, Texas (the "City") desires to promote the development or redevelopment of a certain contiguous geographic area within its jurisdiction by the creation of a Reinvestment Zone, as codified in Chapter 312 of the Texas Tax Code and known as the Property Redevelopment and Tax Abatement Act, (the "Act"); and, WHEREAS, a public hearing before the City Council was held on August 3, 2021, being at least 7 days after the date of publication of the notice of such public hearing in a newspaper of general circulation in the City of Wichita Falls; and, WHEREAS, the City has called a public hearing and published notice of such public hearing, and has properly notified the proper officials of Wichita County and the Wichita Falls Independent School District, as required by the Act; and, WHEREAS, upon such hearing being convened, there was presented proper proof and evidence that notices of such hearing had been published and mailed as described above; and, WHEREAS, the City, at such hearing, invited any interested person, or his attorney, to appear and contend for or against the creation of the Reinvestment Zone, which includes the property known as (Tract 1) 31.01 acres being all of Block 4 and Block 5, Unit Two, Arrowhead Industrial District, and known as 2400 Burkburnett Road, Wichita Falls, Wichita County, Texas; and (Tract 2) 1.11 acres out of the M. Carbajal Survey, Abstract 44, Wichita County, Texas, according to the Plat in Volume 2916, Page 842, Wichita County Plat Records, owned by the Wichita Falls Economic Development Corporation, and which is depicted in Exhibit A as the "Reinvestment Zone"; and, WHEREAS, all owners of property located within the proposed Reinvestment Zone, and all other taxing units and other interested persons, were given the opportunity at such public hearing to protest the creation of the proposed Reinvestment Zone or the inclusion of their property in such Reinvestment Zone; and, WHEREAS, the proponents of the Reinvestment Zone offered evidence, both oral and documentary, in favor of all of the foregoing matters relating to the creation of the Reinvestment Zone; and, WHEREAS, after considering all testimony and evidence offered at the public hearing, the City Council finds that improvements in the Reinvestment Zone will enhance significantly the value of all taxable real property in the Zone, will be of general benefit to the City of Wichita Falls, and that it will be in the public interest to pass this ordinance creating a Reinvestment Zone. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: 1. In accordance with Chapter 312 of the Texas Tax Code, the City has held a public hearing in this matter and adopts the findings herein. 2. The City, after conducting a public hearing and having heard evidence and testimony, has made the following findings and determinations based on the evidence and testimony presented to it: a. That the public hearing on adoption of the Reinvestment Zone has been properly called, held, and conducted, and that notice of such hearing has been published as required by law; b. That the City has jurisdiction to hold and conduct this public hearing on the creation of the proposed Reinvestment Zone, pursuant to the Act; c. That creation of the proposed Reinvestment Zone will result in benefits to the City, its residents and property owners, and to the property, residents and property owners in the Reinvestment Zone; d. That the improvements sought are feasible and practical and would be a benefit to the land to be included in the zone and to the City after the expiration of an agreement entered into under Section 312.204 of the Act; e. That the improvements sought, a manufacturing facility, are feasible and practical and would be a benefit to the zone after the expiration of the tax abatement agreement; f. That the City's criteria for tax abatement are met as set out by Resolution 5-2020 (as shown on Exhibit B) and the designation of the zone is reasonably likely to contribute to the retention or expansion of primary employment or to attract major capital investment that will benefit the City's economic development; g. That the building and operation of a manufacturing facility will have a secondary impact, through the use of local contractors and service businesses, on the local economy; h. That proper notice was given of this public hearing to the presiding officers of Wichita County and the Wichita Falls Independent School District; and, That notice of this public hearing was published in the Times Record News, a paper of general circulation on July 21, 2021, a date that was no later than the 7th day before this hearing. 3. The City hereby creates a Reinvestment Zone over the area described in Exhibits A and A-1, and such Reinvestment Zone shall hereafter be identified as the Clayton Homes Reinvestment Zone, (the "Zone"). 4. The Zone is eligible for commercial-industrial tax abatement. 5. The operation of the Reinvestment Zone shall commence immediately upon passage of this ordinance for a period of 5 years or may terminate sooner by subsequent ordinance. 6. A written agreement(s) as provided in the Act, with the owners of the property located within the Reinvestment Zone will be presented to City Council for approval, and the written agreement shall provide an exemption from taxation for the increased value in the real and/or personal property in an amount of up to 100% of the increased value. The City Attorney is hereby authorized to deliver notice of said agreement to the other taxing entities as provided by the Act. 7. If any section, paragraph, clause, or provision of this ordinance shall for any reason be held to be invalid or unenforceable, the invalidity or unenforceability of such section, paragraph, clause, or provision shall not affect any of the remaining provisions of this ordinance. 8. The contents of the notice of public hearing, which was held before the City Council on this date, and the publication of notices thereof as required by law, are hereby ratified, approved, and confirmed. 9. This ordinance shall take effect September 3, 2021, and it is so ordained. PASSED AND APPROVED this the 3rd day of August, 2021. MAYOR ATTEST: City Clerk EXHIBIT A Exhibit A Real Property Description Tract 1: Field Notes of 31.01 acres being all of Block 4 and Block 5, Unit Two, Arrowhead Industrial District, and known as 2400 Burkburnett Road, Wichita Falls, Wichita County, Texas, and described as follows: BEGINNING at a 3/8-inch iron rod found at the Northwest corner of Block 4, Unit Two, Arrowhead Industrial District, as shown on the plat of record in Volume 21, Pages 21-22, Wichita County Plat Records, a fire hydrant on the East line of the Old Burk Road bears on foot West from this iron rod; THENCE N 72° 01' E 299.55 feet to a two-inch pipe for a corner, a three-inch pipe fence corner bears North nine-tenths of a foot and East three-tenths of a foot; THENCE N 17° 57' W 201.42 feet to a three-inch pipe fence corner post for a corner; THENCE N 71° 51' E 826.76 feet (824.07 feet record) to a 3/8-inch iron rod found on the West line of Burkburnett Road (State Highway 240), a three-inch pipe fence corner post bears South 71° 51' West 7/10 of a foot; THENCE S 23° 30' 24" E 1,114.04 feet along the West line of the Burkburnett Road to an iron rod set at the beginning of a curve to the right, a power pole with an aluminum tag marked 7,980 bears South 30° East 18.4 feet; THENCE in a Southeasterly direction with the curve to the right having an arc length of 290.66 feet, a radius of 2,666.71 feet, a central angle of 6° 14' 42", the chord bears S 20° 23' E 290.52 feet to a 1/2-inch iron rod set for the Southeast corner of Block 5, Unit Two Arrowhead Industrial District, as shown on the Plat of Record in Volume 27, Pages 326-327, Wichita County Plat Records; THENCE N 89° 45' W 1,310.20 feet (1,317.98 feet record) along the South line of Block 5 to a 'A-inch iron rod found on the East line of the Old Burk Road for the Southwest corner of this tract; THENCE N 18° 05' W along the East line of the Old Burk Road at 264.1 feet pass a three-inch pipe fence corner post, in all a total distance of 785.36 feet to the Place of Beginning and containing 31.01 acres of land. The bearings in these Field Notes are NAD 83 Grid from Solar Observations. Tract 2: Field Notes of 1.11 acres out of the M. Carbajal Survey, Abstract 44, Wichita County, Texas, and described as follows: BEGINNING at a ' -inch iron rod found on the West line of the Old Burk Road, said iron rod bears S 18° 05' E 915.49 feet to the intersection of the North line of Pleasant View Road and the West line of the Old Burk Road, also a 3/8-inch iron rod at the Northwest corner of Block 4, Unit Two Arrowhead Industrial District bears N 18° 05' W 338.67 feet and N 71° 55' E 70.0 feet; EXHIBIT A THENCE S 18° 05' E 270.0 feet along the West line of the road to a '/2-inch iron rod found for the Southwest corner of this tract, a 3/8-inch iron rod found on the North side of a gravel driveway bears South 19.3 feet and East 2.1 feet; THENCE with a curve to the right in a Northwesterly direction having an arc length of 421.42 feet, a radius of 790.31 feet, a central angle of 30° 33' 09", the chord bears N 52° 29' 42" W 416.45 feet to a bridge spike found on the East line of the Wichita, Tillman and Jackson Railroad; THENCE N 16° 28' W 126.58 feet along the East line of the Railroad to a '/2-inch iron rod set for the Northwest corner of this tract; THENCE with a curve to the left in a southeasterly direction having an arc length of 313.98 feet, a radius of 405.66 feet, a central angle of 44° 20' 51", the chord bears S 67° 16' 54" E 306.20 feet to the Place of Beginning and containing 1.11 acres of land. The bearings in these field notes are NAD 83 Grid bearings from Solar Observations. EXHIBIT A-1 Tract 1 r w�• Tract 2 • .1r AitritliTA:+ky5 ECG a i C OOP ' � EXHIBIT B Resolution No. 05-2020 Resolution declaring the City of Wichita Falls' eligibility and intention to participate in the Texas Tax Abatement Program to promote development and redevelopment and adopt guidelines and criteria for tax abatement in the City of Wichita Falls WHEREAS, the City Council of the City of Wichita Falls, Texas, desires to promote the development/redevelopment of certain contiguous geographic areas within its jurisdiction; and, WHEREAS, the City of Wichita Falls, Texas, is authorized to enter into Tax Abatement Agreements for commercial-industrial or residential purposes, as authorized by Chapter 312 of the Texas Tax Code; and, WHEREAS, the Texas Tax Code requires the City of Wichita Falls, Texas, to establish guidelines and create criteria for the designation of reinvestment zones, and to enter into Tax Abatement Agreements. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: 1. The City of Wichita Falls, Texas, declares it is eligible for and intends to participate in a Tax Abatement Program. 2. The City of Wichita Falls, Texas, hereby adopts the following Guidelines and Criteria for Tax Abatement for use in the City's Tax Abatement Programs: (1) The City Council of the City of Wichita Falls shall have the right, granted under Texas statutes, to approve or disapprove the creation of any recommended Tax Reinvestment Zone. (2) The Tax Reinvestment Zone must be reasonably likely to contribute to the retention or expansion of primary employment or attract major capital investment that will benefit the City's economic development. (3) The Tax Reinvestment Zone authorization granted by the City Council must meet all criteria established by the authorizing legislation. (4) The Tax Reinvestment Zone must not require extraordinary capital improvement financing by the City. (5) The Tax Reinvestment Zone applicant must have a successful business operating history of at least one year in the community or municipal references establishing successful operations. (6) The Tax Reinvestment Zone applicant must have a secondary EXHIBIT B impact, through the use of local contractors and service businesses, on the local economy. (7) The agreement to create Tax Reinvestment Zones will not exceed the maximum period allowed by law of 10 years. (8) The agreement to create Tax Reinvestment Zones will pro-rate taxes on property improvements not less than 10%, nor more than 100%. (9) The City Council reserves the right to negotiate any other provisions with an individual business allowed by law. PASSED AND APPROVED this the 21st day of January, 2020. ` MAYOR ATTEST: City Clerk i TEXASAkC4i4 a Me fgef.*den Ofportwee/os NOTICE OF PUBLIC HEARING The Wichita Falls City Council will hold a public hearing in the Council Chambers of the Memorial Auditorium building at 1300 7th Street on August 3, 2021, beginning at 8:30 a.m. for the purpose of: (1) considering designating, as a reinvestment zone, the following property: 2400 Burkburnett Road; (2) determining eligibility of zones for tax abatement; and (3) finding that the improvements sought are feasible, practical, and would be a benefit to the zone after the expiration of the tax abatement agreement under Texas Tax Code §312.204. Certification I certify that the above notice of meeting was posted on the bulletin board at Memorial Auditorium, Wichita Falls, TX on the 19th day of July, 2021, at 10:30 o'clock a.m. Akttuv. City Clerk Times Record News PART OF THE USA TODAY NETWORK PROOF OF PUBLICATION CITY OF WICHITA FALL NOTICE OF PUBLIC HEAR- P OBOX 1431 ING The Wichita Falls City Council will hold a public WICHITA FALLS, TX 76307 hearing in the Council Cham- bers of the Memorial Audito- rium building at 1300 7th Street on August 3, 2021, be- ginning at 8:30 a-m.for the STATE OF WISCONSIN, COUNTY OF BROWN purpose of: (1)considering designating,as a reinvest- ment zone,the following On this July 21,2021 AD, personally appeared before me property: 2400 Burkburnett the undersigned authority for the Times Publishing Road; (2) for tax eligi- bility of zonesax abate- Company of Wichita Falls, publishers of the Wichita Falls in ment; and (3) finding that Wichita County, Texas, and of general circulation in said the improvementssoug an feasible, practicaa wl, and wouldd county,and upon being duly sworn by me,on oath states be a benefit to the zone after that the attached advertisement is a true and correct copy of the expiration of e tax abatement agreement under advertising published in day(1)issues hereof on the Texas Tax Code§312.204. following date: i00gg iO 07/21/2021 Subs ribed an sworn to before me on July 21, 2021 D gal Clerk Notary P , Sta f WI, County of Brown My commission expires SHELLY HORA Notary Public State of Wisconsin Publication Cost: $122.26 Ad No:0004831543 Customer No: 1237516 PO#: NOTICE OF PUBLIC HEARING #of Affidavits2 This is not an invoice