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HomeMy WebLinkAboutORD 2004-18 - TASUS Reinvestment Zoner r.r r ,, /1 AN ORDINANCE DESIGNATING A CONTIGUOUS GEOGRAPHIC AREA WITHIN THE CITY OF GEORGETOWN GENERALLY DESCRIBED AS TRACT ONE (1) OF GEORGETOWN INDUSTRIAL PARK SOUTH-WEST PHASE, SECTION ONE, AS RECORDED IN CABINET "E", SLIDES 155 THROUGH 159 OF THE PLAT RECORDS OF WILLIAMSON COUNTY, TEXAS, AS A REINVESTMENT ZONE FOR PROPERTY TAX ABATEMENT PURPOSES PURSUANT TO CHAPTER 312 OF THE TEXAS TAX CODE; CONTAINING FINDINGS AND PROVISIONS RELATED TO THE FOREGOING SUBJECT; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Council of the City of Georgetown, Texas (the "City") has determined that the creation of a reinvestment zone by the City, as authorized by the Property Redevelopment and Tax Abatement Act, Chapter 312 of the Texas Tax Code, Vernon's Texas Codes Annotated (the "Act") within the area of the City as described in Exhibits "A" and `B" attached hereto (the "Zone"), is in the best interests of the City in accordance with Article VIII, Section 1-g of the Texas Constitution as the area is predominantly open, underdeveloped and, because of obsolete platting, substantially impairs the sound growth of the City; and WHEREAS, on November 25, 2003, the City Council of the City of Georgetown, Texas (the "City") proposed to enter into a property tax abatement agreement with Tasus Corporation ("Tasus") to induce Tasus to locate its new manufacturing facility in the City; and WHEREAS, on January 13, 2004 the City Council of the City of Georgetown approved a resolution stating that the City elects to become eligible to participate in a tax abatement pursuant to the Act; and WHEREAS, the City, on February 1, 2004 published notice of a public hearing on the creation of the Zone in the Williamson County Sun, a newspaper of general circulation in the City, and by letter dated February 2, 2004 provided written notice of the public hearing to the presiding officer of the governing body of each taxing unit that includes the property in the Zone, and such hearing was held on February 10, 2004 in compliance with the requirements of Section 312.201 of the Texas Tax Code; and WHEREAS, at the public hearing on February 10, 2004 interested persons were allowed to speak for or against the designation of the Zone; and WHEREAS, evidence was received and presented at the public hearing in favor of the creation of the proposed Zone and its boundaries under the provisions of Chapter 312, Texas Tax Code; and Ordinance No. m`l.004 - IS TASUS Reinvestment Zone Creation Page 1 of 5 WHEREAS, no owner of real property in the proposed zone protested the inclusion of his property in the proposed Zone; and WHEREAS, the City has provided all information, and made all presentations, given all notices and done all other things required by Chapter 312, Texas Tax Code, or other law as a condition to the creation of the proposed Zone; and WHEREAS, the City has not previously created any reinvestment zones on the subject Property. NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS. Section L Findings. a) The City Council finds that the facts and recitations contained in the preamble of this Ordinance are hereby found and declared to be true and correct and are adopted as part of this Ordinance for all purposes. b) The City Council further finds and declares that the proposed improvements in the Zone will significantly enhance the value of all the taxable real property in the proposed zone and will be of general benefit to the City after the expiration of any after the expiration of an agreement entered into under Section 312.204 of the Texas Tax Code. c) The City Council farther finds and declares that the proposed reinvestment Zone meets the criteria and requirements of Section 312.202 of the Texas Tax Code because the area is reasonably likely as a result of the designation to contribute to the retention or expansion of primary employment or to attract major investment in the zone that would be a benefit to the property and that would contribute to the economic development of the City. d) The City Council further finds and declares that the creation of the Zone is in conformance with the following Policy Statements in the City's Century Plan: 1.0 The community enjoys the benefits of well-planned land use in which conflicting needs are balanced. 9.0 Citizens and commercial goods move safely and efficiently throughout all parts of the City. 10.0 Georgetown's citizens and businesses enjoy an attractive community with a unique sense of place and a positive, identifiable image, at a cost which is consistent with other city social and economic priorities. Ordinance No. aQ 0 q — 19 TASUS Reinvestment Zone Creation Reinvestment Zone 2004-01 Page 2 of 5 13.0 All municipal operations are conducted in an efficient business -like manner and sufficient financial resources for both current and future needs are provided. 15.0 The City manages its resources in a sound and fiscally conservative manner. Section 2. Designation of the Zone. That the City, acting under the provisions of Chapter 3121, Texas Tax Code, including Section 312.201 does hereby designate as a reinvestment zone, and create and designate a reinvestment zone over, the area generally described on Exhibit "A " and described by metes and bounds on Exhibit "B " to promote the redevelopment of the area. Exhibits "A" and `B" are incorporated herein by reference for all purposes as if set forth in full. The reinvestment zone shall hereafter be named for identification purposes as the Reinvestment Zone No. 2004-01 (the "Zone"). Section 3. Duration of the Zone. That the Zone shall take effect immediately upon the passage and approval of this Ordinance, and termination of the operation of the Zone shall occur on five (5) years after the date of its designation, except that it may be renewed for periods not to exceed five years, and the expiration of the designation does not affect an existing tax abatement agreement made under the Property Redevelopment and Tax Abatement Act, pursuant to Section 312.203 of the Texas Tax Code. Section 4. Economic Development. The City Council hereby finds that the creation of the Zone constitutes a program to promote local economic development and to stimulate business and commercial activity in the City. Section 5. Severability. If any provision, section, subsection, sentence, clause or phrase of this Ordinance, or the application of same to any person to set circumstances, is for any reason held to be unconstitutional, void or invalid, the validity of the remaining provisions of this Ordinance or their application to other persons or set of circumstances shall not be affected thereby, it being the intent of the City Council in adopting this Ordinance that no portion hereof or regulations connected herein shall become inoperative or fail by reason of any unconstitutionality, voidness or invalidity of any portion hereof, and all provisions of this Ordinance are declared severable for that purpose. Section 6. Regular Open MeetinLr. It is hereby found, determined and declared that a sufficient written notice of the date, hour, place and subject of the regular meeting of the City Council at which this Ordinance was adopted was posted at a place convenient and readily accessible at all times to the general public at the City Hall of the City for the time required by law preceding its meeting, as required by the Open Meetings Law, Texas Government Code, Ch. 551, and that this meeting has been open to the public as required by law at all times during which this Ordinance and the subject matter hereof has been discussed, considered and formally acted upon. The City Council further ratifies, approves and confirms such written notice and the contents and posting thereof. Section 7. Effective Date. This Ordinance shall become effective immediately upon its passage. Ordinance No. esC Q b - d TASUS Reinvestment Zone Creation Reinvestment Zone 2004-01 Page 3 of 5 READ, CONSIDERED, PASSED AND APPROVED ON FIRST READING by the City Council of Georgetown at a regular meeting on the 10th day of February, 2004, at which a quorum was present and for which due notice was given pursuant to Section 551.001, et. seq. of the Government Code. READ, CONSIDERED, PASSED AND APPROVED ON SECOND AND FINAL READING by the City Council of Georgetown at a regular meeting on the day of �1 e _ , 2 004, a t w hich a q uorum w as present and for which due notice was given pursuant to ection 551.001, et. seq. of the Government Code. PASSED AND APPROVED on the o144kday of ,,zA4z `!;b , 2004. ATTEST: Sandra Lee City Secretary (CITY SEAL) By: Patricia Carls City Attorney Gary N City of Ordinance No. 42oy 4 • 19 TASUS Reinvestment Zone Creation Reinvestment Zone 2004-01 Page 4 of 5 Mayor Texas EXHIBIT "A" Property Description Tract One (1) of Georgetown Industrial Park South-West Phase, Section One, as recorded in Cabinet "E", Slides 155 through 159 of the Plat Records of Williamson County, Texas, SAVE AND EXCEPT: That tract of land being 1.26 acres of land out of the Ruidoso Irrigation Survey No. 207, Williamson County, Texas, and being a part of Tract One (1) of Georgetown Industrial Park South-West Phase, Section One, as recorded in Cabinet `B," Slides 155 through 159 of the Plat Records of Williamson County, Texas, and said 1.26 acre tract being more fully described in Exhibit "B," which is attached hereto and made a part hereof as if set out in full herein. Ordinance No. cwp4 A 19 TASUS Reinvestment Zone Creation Page 1 of 5 FROM : STEGEMBIZ7_8 L RC,. INC. FAX Iva 512 938 9416 Jan. 23 2024 03:56PM LEGAL. DESCRIPTION FOR TASUS CORPORATION BEING 23.48 acres of land, situated -in the Clement Stubblc&ld Survey, Abstract Nos 558 and the Ruidosa Irrigation Catupany Stuvey, Abstract No. 715, being a portion of Tract One of Georgetown Indi 4 f;'%J Park South, West Phase See. One, a subdivision of record in Cabinet E, Slides 155-159, of the Phi tKwvrds of Williamson County, Texas. Surveyed on the ground In tbo month of January, 2004, under the supervision of Patrick J. Stevens, Registered Professional Land Surveyor, and being more particularly described a Wows: 11:11� .11 , . .. 11111!1111:; 11111111111111111111,1:111111211113:1111111: 1 1 PIN . i 1 • t 4 . • i • • Y:. . llbG t. r' • + Y'• • •t • •• Y e 1171 •i' a.. / a •ru' •.• Y• / •. s. KMthw9St Une of ft aid Trict One, as follows: N 180 51' 3V E, 197.73 fed to an iron pin fouM It ft btZWdD& Of a MW to the dgh4 (RAI = 83L69 feet, Long Chofd be= :Y Thftcc� along the said CUM for an arc distance of JA56,42 fbot to an iron pin W to - pipe found on • west line of •re vY 35KmaI the Northeast comer of ft said Tract Ont, for the most nottherlyMorthew comet hereeto r r . t gg.Y } ..., H •• ..•. t i` • . ` Y ti 1:1 M' •,- r ,• is • Y • ,w • Y. .� •••• • •• n •. COUNTY OF Wfi. LIAMSON uG