Res 022-2000 2/28/2000RESOLUTION NO. c>a-0C00
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WICHITA
FALLS, TEXAS, TO NOMINATE SOUTHWESTERN BELL WIRELESS,
INC. AS AN ENTERPRISE ZONE PROJECT; FINDING AND
DETERMINING THAT THE MEETING AT WHICH THIS RESOLUTION
WAS PASSED WAS OPEN TO THE PUBLIC AS REQUIRED BY LAW.
WHEREAS, the Texas Department of Economic Development (the "State "),
formerly the Texas Department of Commerce, designated the City of Wichita Falls
North Enterprise Zone (the "Zone ") on June 27, 1991; and
WHEREAS, State will consider Southwestern Bell Wireless, Inc. as an enterprise
project pursuant to a nomination and an application made by the City of Wichita Falls,
Texas (the "City "); and
WHEREAS, the City desires to pursue the creation of the proper economic and
social environment in order to induce the investment of private resources in productive
business enterprises located in the Zone and to provide employment to residents of the
Zone and to other economically disadvantaged individuals; and
WHEREAS, pursuant to Chapter 2303, Subchapter F of the Texas Enterprise
Zone Act, Texas Government Code (the "Act "), Southwestern Bell Wireless, Inc. has
applied to the City for designation as an enterprise project; and
WHEREAS, the City finds that Southwestern Bell Wireless, Inc. must meet
criteria for designation as an enterprise project under Chapter 2303, Subchapter F of
the Act on the following grounds:
1. That Southwestern Bell Wireless, Inc. is a "qualified business" under
Section 2303.402 of the Act since it will be engaged in the active conduct
of trade or business in the Zone and at least twenty -five percent (25 %) of
the business' new employees will be residents of a Zone within the City's
jurisdiction or economically disadvantaged individuals;
2. That there has been and will continue to be a high level of cooperation
between public, private, and neighborhood entities within the Zone: and
3. The designation of Southwestern Bell Wireless, Inc. as an enterprise
project will contribute significantly to the achievement of the plans of the
City for development and revitalization of the Zone; and
WHEREAS, the City finds that Southwestern Bell Wireless, Inc. meets the
criteria for tax relief and other incentives adopted by the City and nominates
Southwestern Bell Wireless, Inc. on the grounds that it will be located wholly within the
Zone and it will create a higher level of employment, economic activity and stability; and
WHEREAS, the City finds that it is in the public interest to nominate
Southwestern Bell Wireless, Inc. as an enterprise project pursuant to the Act.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF WICHITA FALLS, TEXAS, THAT:
SECTION 1. Southwestern Bell Wireless, Inc. is a "qualified business," as
defined in Section 2303.402 of the Act, and meets the criteria for designation as an
enterprise project, as set forth in Section 2303, Subchapter F of the Act.
SECTION 2. The enterprise project shall take effect on the date of designation of
the enterprise project by State and terminate five (5) years after that date of
designation.
SECTION 3. It is hereby officially found and determined that the meeting at
which this resolution was passed was open to the public as required by law.
PASSED AND APPROVED this the 28th day of February 2000.
MAYOR a w"
ATTEST:
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City Clerk