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AmendedbyOrdinanceNo.18136608/28/18JR
s:\legal\our documents\ordinances\16\winco participatian ord.docx
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WHEREAS, the City Council of the City of Denton (the "City") desires to create the
proper economic and social environment to induce the investment af private resources in
productive business enterprises located in severely distressed areas of the City and to provide
employment to residents of such areas; and
WHEREAS, the project or activity is located in an area designated as an enterprise zone;
WHEREAS, pursuant to Chapter 2303, Subchapter F of the Act, a project has applied to
the City for designation as an Enterprise Project; and
WHEREAS, the City finds that a project meets the criteria for tax relief and other
incentives adopted by the City on the grounds that it will be located at the qualified business site,
will create a higher level of employment, economic activity and stability; and
WHEREAS, a public hearing ta consider this order was held on July 19, 2016; NOW,
THEREFORE;
.- • J� • • ' I� • ' : • • � �
SECTION 1. The City hereby ordains its participation in the Texas Enterprise Zane
Program pursuani ta the Texas Enterprise Zane Act, Chapter 2303, Texas Government Cade
1/66i1c65').
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SECTION 2. The follawing local incentives, at the election of the governing body, are or
will be made available to a nominaied project or activity of a qualified business:
a) The City may abate taxes on the increase in value of real property improvements
and eligible personal praperty that locate in a designated enterprise zone. The
level of abatement shall be based upan the extent to which the business receiving
the abatement creates jobs for qualified employees, in accordance with the City of
Denton Tax Abatement Policy, and with qualified employee being defined by the
Act. The City may offer the following incentives for businesses meeting the
applicable requirements: reduced electrical utility rates, reduced infrastructure
casts, grants based on new sales tax or ad valorem tax revenues generated by a
company or development, local sales tax refund, tax increment financing, triple
Freeport tax exemption, Chapter 3$0 grants, and industrial revenue bonds.
b} The City may provide regulatary relief to businesses, including:
s.\fegal\our dacunients\ordinar�ces\16\vvinco particepation ord.doux
1) zoning changes or variances;
2) exemptions from unnecessary building code requirements, impact fees, or
inspection fees; or
3) streamlined permitting.
c)� The City may provide enhanced municipal services to businesses, including:
1) improved police and fire protection;
2) institution of community crime prevention programs; or
3) special public transportation routes or reduced fares.
d) The City may provide improvements in community facilities, including:
1) capital improvements in water and sewer facilities;
2) road repair; or
3) creation or improvement of parks.
e) The City may provide improvements to housing, including:
1) low-interest loans for housing rehabilitation, improvement, or new
construction; or
2) transfer of abandoned housing to individuals or community groups.
� The City may provide business and industrial development services, including:
1) low-interest loans for business;
2) provision of publicly owned land for develapment purposes, including
residential, commercial, or industrial development;
3) creation of special one-stop permitting and problem resolution centers or
ombudsmen; or
4) promotion and marketing services.
g) The City may provide job training and employment services to businesses,
including:
1) retraining programs;
2) literacy and employment skills programs;
3) vocational education; or
4) customized job training.
SECTION 3. The enterprise zone areas within the City are reinvestment zones in
accordance with the Texas Tax Code, Chapter 312.
�[�"� lwl�;w)� m�. The City af Denton City Council directs and designates its Director of
�
Development Services as the City's liaisan to communicate and negotiate with the Office of the
Gavernor, Economic Development and Tourism ("OOGEDT99) through the Econamic
Development Bank and enterprise project(s) and to oversee enterprise zone activities and
',:-
s:\legal\our documents\ordinances\16\winco participation ord.docx
communications with qualified businesses and other entities in an enterprise zone or affected by
an enterprise project.
SECTION 5. The City finds that a project meets the criteria for designation as an
enterprise project under Chapter 2303, Subchapter F of the Act on the following grounds:
a) A project is a"qualified business" under Section 2303.402 of the Act since it will
be engaged in the active conduct of a trade or business at the qualified business
site located in an enterprise zone in the governing body's jurisdiction and at least
twenty-five percent (25%) of the business' new employees will be residents of an
Enterprise Zone or economically disadvantaged individuals; and
b) There has been and will continue to be a high level of cooperation between
public, private, and neighborhood entities in the area; and
c) The designation of a project as an Enterprise Project will contribute significantly
to the achievement of the plans of the City for development and revitalization of
the area.
SECTION 6. The enterprise project shall take effect on the date of designation of the
enterprise project by OOGEDT and terminate five years after that date.
SECTION 7. This ordinance shall take effect from and after its passage as the lavv and
charter in su m��mm�
ch case provides. �
PASSED AND APPROVED this the ���� day of �, �� � ��� ��� ��°� � 2016.
ATTS, MAYOR
ATTEST:
JENNIFER WALTERS, CITY SECRETARY
:
�tl'I'�VED A� TO LEGAL FORM:
r'1t`�9I°1 �'� BURGI;�SS, CITY ATTORNEY
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