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3. provide adequate infrastructure improvements to serve the Zone, including <br /> but not limited to streets, water and waste water facilities, and drainage <br /> • structures, designed and constructed according to City standards; and <br /> 4. provide relocation assistance for low/moderate persons resident in the <br /> Zone who may be displaced by the implementation of the project plan (as <br /> defined by 311.002(2) of the Tax Code), and as such persons are defined <br /> by the U.S. Department of Housing and Urban Development. <br /> C. Procedures for Creating a Reinvestment Zone <br /> 1. Before adopting an ordinance providing for a Reinvestment Zone, these <br /> actions must occur, in the following sequence: <br /> a. City Council must schedule a public hearing to allow public <br /> comment on the proposed Zone. Notice of this hearing must be <br /> published in a newspaper having general circulation in the City at <br /> least seven (7) days prior to the hearing. <br /> • <br /> b. At least sixty (60) days before the scheduled public hearing, City <br /> Council must notify in writing the other taxing jurisdictions that levy <br /> real property taxes in the Zone that it intends on establishing a <br /> Zone. This notice must contain: <br /> 1. a description of the proposed boundaries of the Zone; <br /> 2. tentative plans for development or redevelopment of the zone; <br /> 3. an estimate of the general impact of the proposed Zone on <br /> property values and tax revenues. <br /> c. A Preliminary Financing Plan must be prepared and sent to the <br /> other affected taxing jurisdictions. <br /> D. Powers of the Zone <br /> 1. The City's current Land Use Regulations and Zoning Ordinance shall <br /> apply to all development within the Zone. <br /> 2. However, the City may authorize by ordinance the enforcement of <br /> additional land use controls authorized by statute subject to the following: <br /> a. Subject to the approval of the City Council, the board of the Zone <br /> may adopt additional powers granted by the provisions of state law <br /> found in Chapter 211, Local Government Code necessary to <br /> implement the Zone Project Plan and Reinvestment Zone <br /> Financing Plan. <br /> 4 Revised 5/12/99 <br />