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Ord 028-2007 3/20/2007 , . ? ORDINANCE NO " U b� ORDINANCE MAKING AN APPROPRIATION FROM THE TAX INCREMENT FINANCING (TIF) ZONE #1 FUND IN THE AMOUNT NOT TO EXCEED $100,000.00 TO DEVELOP A DOWNTOWN PLAN FOR WICHITA FALLS; FINDING AND DETERMINING THAT THE MEETING AT WHICH THIS ORDINANCE WAS PASSED WAS OPEN TO THE PUBLIC AS REQUIRED BY LAW. WHEREAS, the City Council of the City of Wichita Falls finds there is a need to support economic development and revitalization in the City and adopted Tax Increment Financing Zone #1 in 1986; and, WHEREAS, the proposed project is consistent with the Project Plan for the Reinvestment Zone #1; and, WHEREAS, the Tax Increment Financing Board of Directors voted at a meeting held on February 28, 2007 to recommend funding the proposed Downtown Plan to the City Council. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: SECTION 1. The preamble stated above is made part of this ordinance. SECTION 2. TIF Reinvestment Zone #1 funds in an amount not to exceed $100,000.00 are to be appropriated for the development of a Downtown Plan utilizing consultant services and staff time. SECTION 3. This commitment shall be in force for a period of twelve (12) months after the effective date of this ordinance. SECTION 4. It is hereby officially found and determined that the meeting at which this ordinance was passed was open to the public as required by law. PASSED AND APPROVED this the 20 day of March, 2007. i �-`-� MAYOR ATTEST: City Clerk , � Attachment `A' — Downtown Plan Proposal SCOPE OF SERVICES ❖ Assess Downtown Conditions & Accomplishments Define what constitutes `downtown' Wichita Falls Utilize a public involvement strategy to engage the community's `stake' in the future of downtown Assess zoning & developmental policies and ordinances for the downtown core (CBD) Building Code as it applies to the renovation of older buitdings. ❖ Economic Revitalization Develop Economic Plan for downtown Determine potential for daytime sales, day population, and tourism factors. Research & consider formation of a Business Improvement District (BID) or new TIF. Review potential and benefit for creating a Community Development Corporation (CDC) Consider opportunities/potential incentives to attract businesses into downtown ❖ Downtown Image Establish a plan for powntown that mav include physical changes that are visionary, but consider economic feasibility realities Develop a marketing strategy Coordinate with Downtown Wichita Falls Development Inc. (DWFD) to conduct meetings with downtown property owners, agencies & companies for input on a common theme for downtown Enhance design features in the commercial sector Research & consider potential for downtown `theme' districts (i.e. Depot area, antique strip, convention center, gallery/art area, loft/residential area, etc.), heritage tourism factor. Consider impact of seasonal promotions/festivals (ie chili-cookoffs, art shows, parades, music festivals) Consider a visual relationship to Multi Purpose Events Center (MPEC) (coliseum and convention center) ❖ Circulation 8� Pedestrians Marketing concentration to develop pedestrian character Consider traffic circulation. Review & consider `linkages' & patterns to create and connect activity nodes Review parking issues to recommend any needed changes ❖ Urban Design/Infrastructure Formulate a physical plan for the downtown area C � R Review potential for physical changes to enhance the downtown experience to encourage additional private investment, accommodate activities, and generate a pedestrian environment. Develop conceptual renderings sufficient to demonstrate the proposed physical image Consider potential for Farmer's Market Building and development recommendations. Consider recommendations for potential City Hall move. ❖ Project Participants The Consultant's primary contact with the City will be with the Project Manager, who will act as the representative of the City. The Consultant will work with the City, downtown property owners and tenants, representatives of the Wichita Falls Downtown Development (DWFD) Corporation, and others to complete the task of the development of a supported plan. ❖ Implementation Strategy Develop an implementation and capitalization strategy, identify responsibilities, establish a time frame, milestones, and longer term management strategy.