HomeMy WebLinkAboutOrd 2024-4035_Expansion of TIRZ 1Ordinance No. 2025-4035
AN ORDINANCE APPROVING THE FOURTH AMENDMENT TO THE PROJECT PLAN
AND REINVESTMENT ZONE FINANCING PLAN FOR REINVESTMENT ZONE NUMBER
ONE, CITY OF LA PORTE, TEXAS, AND EXPANDING THE BOUNDARIES OF THE ZONE
FOR REINVESTMENT ZONE NUMBER ONE, CITY OF LA PORTE, TEXAS, BY 323
ACRES, TO INCLUDE PROJECTS AND PROPERTIES THAT SUPPORT
REDEVELOPMENT; AUTHORIZING IMPLEMENTATION OF SUCH PLANS AND
AUTHORIZING THE CITY SECRETARY TO DISTRIBUTE SUCH PLANS; CONTAINING
FINDINGS AND PROVISIONS RELATED TO THE FOREGOING SUBJECT; PROVIDING
FOR SEVERABH.ITY; CONTAINING AN OPEN MEETINGS CLAUSE; AND
PROVIDING AN EFFECTIVE DATE.
WHEREAS, the City Council of the City of La Porte ("City") pursuant to the provisions
of Chapter 311, Texas Tax Code, and Ordinance 99-2325, created Reinvestment Zone Number
One, City of La Porte, Texas, (the "Zone"); and
WHEREAS, the Board of Directors of the Zone has adopted and recommended, and the
City has approved, the Project Plan and Reinvestment Zone Financing Plan (the 'Plan') for the
Zone; and
WHEREAS, the Board of Directors of the Zone has adopted and recommended, and the City
has approved the First Amendment to the Project Plan and Reinvestment Zone Financing Plan for
Tax Increment Reinvestment Zone Number One that reflects the enlargement of the Zone
Boundaries, and
WHEREAS, in the said Ordinance 99-2325, the effective date specified for the Zone was
January 1, 2000, and the termination date specified for the Zone was December 31, 2029,
establishing a 30-year duration; and
WHEREAS, the Board of Directors of the Zone has adopted and recommended, and in
Ordinance 2021-3825 the City has approved the Second Amendment to the Project Plan and
Reinvestment Zone Financing Plan for Tax Increment Reinvestment Zone Number One that
authorized the extension of the duration of the Zone to December 31, 2035, establishing a 35-year
duration; and
WHEREAS, the Board of Directors of the Zone has adopted and recommended, and in
Ordinance 2022-3899 the City has approved the Third Amendment to the Project Plan and
Reinvestment Zone Financing Plan for Tax Increment Reinvestment Zone Number One that
authorized the expansion of the boundaries of the Zone by 3.7 acres to include the proposed Sylvan
Beach Enclave Development; and
WHEREAS, at its November 14, 2024, board meeting, the Board of Directors of the Zone
considered and adopted the Fourth Amendment to the Plan that expands the boundaries of the Zone
by 323 acres ("Expanded Area"), to include projects and properties that support redevelopment
("Fourth Amendment"), and has recommended the Fourth Amendment for approval by the City;
and
WHEREAS, pursuant to Texas Tax Code Section 311.007(a), the City Council may, by
ordinance, expand a reinvestment zone's boundaries beyond those originally established for a zone;
and
WHEREAS, the City Council finds that the Expanded Area meets the requirements of
Section 311.005 of the Texas Tax Code because the area to be added substantially impairs and
arrests the sound growth of the City; retards the provision of housing accommodations; constitutes
an economic and social liability and is a menace to the public health, safety, morals and welfare in
its present condition and use because of the presence of a substantial number of substandard, slum
deteriorated or deteriorating structures, unsanitary or unsafe conditions, the deterioration of site
and other improvements, and conditions that endanger life or property by fire or other cause; and
WHEREAS, in accordance with Texas Tax Code Section 31 L006(a)(1) less than thirty
percent (30%) of the property with the Expanded Area, excluding property dedicated to public use,
is used for residential purposes; and
WHEREAS, in accordance with Texas Tax Code Section 311.006(a)(2)(B), the total
appraised value of taxable real property within the Expanded Area and in any other existing
reinvestment zones does not exceed fifty percent (50%) of the total appraised value of taxable real
property within the City and in the industrial districts created by the City; and
WHEREAS, the City Council finds that notwithstanding the enlargement of the Zone
boundary to include the Expanded Area, the Zone continues to meet the requirements of Section
311.006 of the Texas Tax Code; and
WHEREAS, Texas Tax Code Section 311.003(c) provides that the City publish notice of
a public hearing not later than the seventh (7th) day before the date of the public hearing in a
newspaper having general circulation in the municipality; and
WHEREAS, the City Council, pursuant to Texas Tax Code Sections 311.003 and 311.011,
after public notice thereof was given in a newspaper of general circulation of the City, conducted
a public hearing on December 9, 2024, at which property owners and other interested persons were
allowed to speak, and find that the amendments herein do not violate the limitations in Section
311.006(a) of the Texas Tax Code and are eligible for adoption under said Code.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA
PORTE, TEXAS THAT:
Section 1. Findings. The findings and recitals 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.
Section 2. Expansion of the Zone. That the boundaries of Reinvestment Zone Number One,
City of La Porte, Texas, is hereby expanded by 323.336 acres, to include projects and properties that
support redevelopment, designated by map illustration attached hereto as Exhibit "A" and incorporated
for all purposes, and more specifically defined by survey metes and bounds description attached as
Exhibit "B" and incorporated for all purposes.
Section 3. Approval of the Fourth Amendment. The Fourth Amendment, attached hereto m
Exhibit "C" and incorporated for all purposes, is hereby determined to be feasible and is approved. The
appropriate officials of the City of La Porte are authorized to take all steps reasonably necessary to
implement the Fourth Amendment, and the City Secretary is authorized to distribute all related plans
and documents.
Section 4. Sevembility. If any provision, section, subsection, sentence, clause or phrase of
this Ordinance, or the application of same to any person or set of circumstances is for any
reason be held to be unconstitutional, void or invalid, the validity of the remaining provisions of
this Ordinance shall not be affected thereby, it being the intent of the City Council in adopting
this Ordinance that no portion hereof or provision or regulation contained herein shall become
inoperative or fail by reason of any unconstitutionally,voidness or invalidity of any other portion
hereof, and all provisions of this Ordinance are declared to be severable for that purpose.
Section 5. Open Meeting. The City Council officially finds, determines, recites and
declares that a sufficient written notice of the date, hour, place and subject of this meeting of the
City Council was posted at a place convenient to the public at the City Hall for the time required
by law preceding this meeting, as required by the Open Meetings Law, TEX. GOV'T CODE, Ch.
551; and that this meeting was open to the public as required by law at all times during which this
Ordinance and the subject matter thereof was discussed, considered and acted upon. The City
Council further ratifies, approves and confirms such written notice and the contents and posting
thereof.
Section 6. Effective Date. This Ordinance shall be effective upon its passage and approval.
PASSED, APPROVED AND ADOPTED ON THIS 9TH DAY OF DECEMBER 2024
CITY OF LA PORTS, XAS
By:
Rick Helton, Vay6r
Lee Woodward, City Secretary
APPROVED AS
lNwh T
Clark T. Askins, City Attorney
EXHIBIT"A"
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EXHIBIT"B"
JURISDICITIONAL BOUNDARY DESCRIPTION
CITY OF LA PORTE TAX INCREMENT REINVESTMENT ZONE NUMBER 1
2024 ANNEXATION
4
5 The 2024 Annexation to the City of La Porte Tax Increment Reinvestment Zone (TIRZ) No. 1 consists of
6 seven tracts within the City of La Porte Municipal Limits, Harris County.
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Annexation Tract 1 is +/- 226.5 acres with point of beginning being northeast comer of RES B BLK 1
GOODYEAR BAYPORT 2003 PAR R/P AMEND (13501 BAY AREA BLVD), same being west right-
of-way (ROW) of Bay Area Blvd and south ROW of W Fairmont Pkwy, and boundary of CITY OF LA
PORTE TIRZ 1;
Then generally west along south ROW of W Fairmont Pkwy to a point south of southwest corner of TR
17K ABST 482 W JONES (4624 FAIRMONT PKY), same being City of La Porte Municipal Limits;
Then north across ROW of W Fairmont Pkwy, along City of La Porte Municipal Limits to southwest
comer of said TR 17K, same being north ROW of Fairmont Pkwy;
Then generally east along north ROW of W Fairmont Pkwy to west boundary of Big Island Slough
drainage easement, same being southeast comer of TR 33 TREAT PLANT SITE ABST 482 W JONES;
Then generally north along west boundary of Big Island Slough drainage easement, across ROW of W
Main St, N H St and N L St to south corner of TR 417B-1 LA PORTE OUTLOTS (HCAD:
0231400000556);
Then north along west boundary of said TR 41713-1, and LT 404 LA PORTE OUTLOTS to northwest
corner of said LT 404, same being south ROW of N P St;
Then east along north boundary of said LT 404, and LTS 402 & 403 LA PORTE OUTLOTS, same being
south ROW of P St, to northeast comer of said ITS 402 & 403;
Then south along east boundary of said LTS 402 & 403 to northwest comer of TR 401F LA PORTE
OUTLOTS (10406 N P ST);
Then east along north boundary of said TR 401F, across ROW of Lomax School Rd to west boundary
TRS 399F & 400 LA PORTE OUTLOTS (10210 N P ST, Lomax Park/Rodeo Arena), same being east
ROW of Lomax School Rd;
Then north along east ROW of Lomax School Rd, and west boundary of said TRS 399F & 400 to
northwest corner of said TRS, same being south ROW of P St;
Then east along north boundary of said TRS 399F & 400 to northeast comer of said TRS, same being
northwest comer of TRS 399A 399E & 399E-1 LA PORTE OUTLOTS;
Then south along west boundary of said TRS 399A 399E & 399E-I to southwest corner of said TRS;
Then east along south boundary of said TRS 399A 399E & 399E-1 to southeast comer of said TRS, same
being west boundary of TR 399C LA PORTE OUTLOTS (10610 N P ST);
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Then south along west boundary of said TR 399C, across drainage easement to north boundary of TR
422C LA PORTE OUTLOTS (10607 SULLIVAN ST);
Then west along north boundary of said TR 422C to northwest corner of said tract, same being east
boundary of TR 421 A N 153 FT LA PORTE OUTLOTS (1703 LOMAX SCHOOL RD);
Then north along east boundary of said TR 421 A N 153 FT to northeast comer of said TR;
Then west along north boundary of said TR 421A N 153 FT, across ROW of Lomax School Road and
south boundary of TR 401F LA PORTE OUTLOTS, and ITS 402 & 403 LA PORTE OUTLOTS to
northwest corner of TR 418B LA PORTE OUTLOTS, same being east boundary of Big Island Slough
drainage easement;
Then southwest by south and south along east boundary of Big Island Slough drainage easement to north
ROW of W Main St/Spencer Hwy;
Then generally east along north ROW of W Main St/Spencer Hwy to Bay Area Blvd/Sens Blvd and
boundary of CITY OF LA PORTE TIRZ 1;
Then generally south across ROW of W Main St/Spencer Hwy along boundary of CITY OF LA PORTE
TIRZ 1 to south ROW of W Main St/Spencer Hwy;
Then west along south ROW of W Main St/Spencer Hwy to northwest comer of RES A BLK 1 M AND
M AMEND, same being east ROW Boyette St;
Then generally south along east ROW of Boyette St to southwest corner of LT 1 BLK 1 MORGANS
LANDING SEC 5 (501 WINBURN TIDE LN);
Then generally south across ROW of Windburn Tide Ln to northwest corner of LT 3 BLK 3 MORGANS
LANDING SEC 5 (500 WINBURN TIDE LN);
Then west northwest and north along west ROW of Boyette St to northeast comer of TRS 71A 71B 71C
& 90 LA PORTE OUTLOTS, same being south ROW of W Main St/Spencer Hwy;
Then west along south ROW of W Main St/Spencer Hwy to northwest comer of LT 1 & N 13.3 FT OF
LT 2 BLK i FAIRMONT PARK SEC 1 (3102 VALLEY BROOK DR), same being east boundary of Big
Island Slough drainage easement;
Then generally south along east boundary of Big Island Slough drainage easement to southwest comer of
RESERVE A BLK 3 (DETENTION AREA) FAIRMONT PARK EAST SEC 12, same being north ROW
of W Fairmont Pkwy;
Then generally east along north ROW of W Fairmont Pkwy to west ROW of Bay Area Blvd, same being
southeast corner of RES B BLK 1 B P I COMMERCIAL (11817 FAIRMONT PKY), and boundary of
CITY OF LA PORTE TIRZ 1;
2 of8
95 Then south across ROW of W Fairmont Pkwy along boundary of La Porte TIRZ No. 1 to northeast comer
96 of RES B BLK 1 GOODYEAR BAYPORT 2003 PAR R/P AMEND, same being south ROW of W
97 Fairmont Pkwy and point of beginning of+/- 226.5 acre Annexation Tract 1.
98
99 Annexation Tract 2 is +/- 22.6 acres located along north right-of-way (ROW) of Main St, between State
100 Hwy 146 on the west and Kansas St on the east with the point of beginning being southeast comer of LTS
101 18 19 20 & 21 & S 14 FT OF LT 22 BLK 60 LA PORTE (100 W MAIN ST), same being north ROW of
102 W Main St, and boundary of CITY OF LA PORTE TIRZ 1;
103
104 Then west along north ROW of W Main St, and boundary of CITY OF LA PORTE TIRZ 1, continuing
105 north along east ROW of northbound access road of State Hwy 146 to southwest comer of LT 9 BLK 52
106 LA PORTE (HCAD: 0231850000009), same being north boundary of alley way;
107
108 Then generally east along north boundary of alley way across ROW of N 1" St to west boundary of LTS
109 23 & 24 & N 11 FT OF LT 22 & S 10 FT OF LT 25 BLK 60 LA PORTE (HCAD: 0231930000041);
110
ill Then south along west boundary of said LTS 23 & 24 & N 11 FT OF LT 22 & S 10 FT OF LT 25 BLK 60
112 to southwest comer of said LTS;
113
114 Then east along south boundary of said LTS 23 & 24 & N 11 FT OF LT 22 & S 10 FT OF LT 25 BLK 60
115 to centerline ROW of N Broadway St;
116
117 Then north along centerline ROW of N Broadway St to intersection with centerline of Polk St;
118
119 Then generally northeast by east along centerline ROW of Polk St, continuing northeast by east along
120 abandoned ROW to west boundary of PT NINTH AVE FROM S CITY LIMIT OF MORGAN'S POINT
121 TO N "J" ST PT BLKS 477 482 484 485 & 1508 LA PORTE (former rail easement);
122
123 Then south by east along west boundary of said PT NINTH AVE FROM S CITY LIMIT OF MORGAN'S
124 POINT TO N "J" ST PT BLKS 477 482 484 485 & 1508 LA PORTE, across ROW of E Main St,
125 continuing along said former rail easement and PT NINTH ST 661.5' N OF SO. "B" ST. (NM) LA PORTE
126 to north comer of LTS 14 THRU 21 BLK 196 LA PORTE (HCAD: 0240030960014);
127
128 Then generally west by south along south boundary of abandoned alley way across ROW of S Iowa St,
129 and S Virginia St to boundary of CITY OF LA PORTE TIRZ 1 (Five Points Town Plaza);
130
131 Then northwest by north along boundary of CITY OF LA PORTE TIRZ 1 to a point east of southeast
132 corner of LTS 18 19 20 & 21 & S 14 FT OF LT 22 BLK 60 LA PORTE same being north ROW of Main
133 St and boundary of CITY OF LA PORTE TIRZ 1;
134
135 Then west across ROW of N Broadway St to southeast comer of LTS 18 19 20 & 21 & S 14 FT OF LT 22
136 BLK 60 LA PORTE same being north ROW of W Main St and boundary of CITY OF LA PORTE TIRZ
137 1 and point of beginning of +/- 22.6 acre Annexation Tract 2.
138
139
140 Annexation Tract 3 is 10.386 acre TRS 41 & 41A LTS 1 THRU 11 & 22 THRU 32 & TRS 12 & 21 BLK
141 1260 LA PORTE ABST 30 W P HARRIS (2111 S BROADWAY ST), located at southeast comer of S
142 Broadway St and S South Ave, same being boundary of CITY OF LA PORTE TIRZ 1.
3 of 8
143
144 Annexation Tract 4 is +/- 23.2 acres located along S 16" St, north of W Fairmont Pkwy and south of W
145 Main St with point of beginning being southeast comer of RES C BLK 1 PPG PLANT LA PORTE SEC
146 1 (HCAD: 1309900010003), same being west right-of-way (ROW) of S W St and north ROW of W
147 Fairmont Pkwy, and boundary of CITY OF LA PORTE TIRZ 1;
148
149 Then generally north along west ROW of S 16"St to northeast comer of TRS 1 THRU 6 BLK 725 LA
150 PORTE, same being south ROW of W Main St/Spencer Hwy;
151
152 Then generally cast along south ROW of W Main St/Spencer Hwy to northwest corner of LTS 11 12 &
153 13 & TRS 6 THRU 10 BLK 724 LA PORTE, same being east ROW of S 161" St;
154
155 Then generally south along east ROW of S 16" St to southwest comer of LTS 8 THRU 25 BLK 832 &
156 ADJ ALLEY LA PORTE (707 S 1691 St), same being north ROW of G St;
157
158 Then cast along north ROW of G St to a point north of northwest comer of ITS 1 THRU 30 & TRS 31 &
159 32 BLK 862 & ABANDONED ALLEY LA PORTE;
160
161 Then south across ROW of G St and along west boundary of said LTS 1 THRU 30 & TRS 31 & 32 BLK
162 862 & ABANDONED ALLEY LA PORTE to southwest comer of said LTS 1 THRU 30 & TRS 31 & 32
163 BLK 862 & ABANDONED ALLEY LA PORTE, same being north ROW of W H St;
164
165 Then cast along north ROW of W H St to southeast comer of ITS 1 THRU 32 BLK 864 LA PORTE;
166
167 Then north along east boundary of said LTS 1 THRU 32 BLK 864 LA PORTE to northeast comer of said
168 lots, same being south ROW of W G St;
169
170 Then east along south ROW of W G St to northeast corner of PT TRS 1 THRU 13 BLK 146 LA PORTE,
171 same being west ROW of southbound access road of SH 146;
172
173 Then generally south along west ROW of southbound access road of SH 146 to south ROW of W H St;
174
175 Then west along south ROW of W H St to east ROW of S 1511 St;
176
177 Then south along east ROW of S 15" St to north ROW of W Fairmont Pkwy, same being boundary of
178 CITY OF LA PORTE TIRZ 1;
179
180 Then west along north ROW of W Fairmont Pkwy, same being boundary of CITY OF LA PORTE TIRZ
181 1 to southeast comer of RES C BLK I PPG PLANT LA PORTE SEC 1, same being west ROW of N 16'
182 St and point of beginning of +/_ 23.2 acre Annexation Tract 4.
183
184 Annexation Tract 5 is +/- 15.75 acres located along N 16" St, north of W Main St/Spencer Hwy and
185 extending northeast to west right-of-way (ROW) of southbound access road of State Hwy 146 with point
186 of beginning being southeast corner of LTS I THRU 10 21 THRU 30 & TRS 11 THRU 20 & ADJ
187 ALLEYWAYS BLK 716 LA PORTE (Ill N 16" St), same being west ROW of 16" St and north ROW
188 of W Main St, and boundary of CITY OF LA PORTE TIRZ 1;
189
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190 Then generally north approx. 3,226 feet along west ROW of N 16" St, across ROW of W Barbours Cut
191 Blvd to a point west of northwest comer of TRS IA 1B 2A & 2B BLK 2 & TRS 14A & 14B BLK 14 &
192 TR F NEBRASKA SYNDICATE;
193
194 Then east across ROW of N 16' St to comer of said TRS IA 1B 2A & 2B BLK 2 & TRS 14A & 14B
195 BLK 14 & TR F NEBRASKA SYNDICATE;
196
197 Then generally northeast and north approx. 4,263 feet along TRS 19D & 19E BLK 19 (NM) NEBRASKA
198 SYNDICATE, across TR 19A BLK 19 & TR 20A BLK 20 N 75 FT OF BLK 19 NEBRASKA
199 SYNDICATE, and TRS 30B 30C & 30E BLK 30 & TRS A B & C NEBRASKA SYNDICATE, and
200 continuing along north boundary of TR 30D BLK 30 NEBRASKA SYNDICATE, and TRS 29G & 29H
201 BLK 29 (NM) NEBRASKA SYNDICATE to west ROW of southbound access road W SH 146;
202
203 Then south along west ROW of southbound access road W SH 146 to northeast corner of TR 29 BLK 29
204 NEBRASKA SYNDICATE;
205
206 Then generally west and south along boundary of said TRS 29G & 29H BLK 29 (NM) NEBRASKA
207 SYNDICATE, and TR 30D BLK 30 NEBRASKA SYNDICATE, across TRS 30B 30C & 30E BLK 30 &
208 TRS A B & C NEBRASKA SYNDICATE and TR 19A BLK 19 & TR 20A BLK 20 N 75 FT OF BLK 19
209 NEBRASKA SYNDICATE, and continuing along TRS 19D & 19E BLK 19 (NM) NEBRASKA
210 SYNDICATE to east corner of said TRS 19D & 19E BLK 19, same being southeast comer of TR 19C
211 BLK 19 NEBRASKA SYNDICATE;
212
213 Then south along boundary of said TRS 19D & 19E BLK 19 (NM) NEBRASKA SYNDICATE to
214 southeast comer of said tract, same being interior comer of TR 13A BLK 13 & TR G (NM) NEBRASKA
215 SYNDICATE;
216
217 Then west along south boundary of said TRS 19D & 19E BLK 19 (NM) NEBRASKA SYNDICATE to
218 northwest comer of said TR 13A BLK 13 & TR G (NM) NEBRASKA SYNDICATE, and east boundary
219 of TRS IA IB 2A & 2B BLK 2 & TRS 14A & 14B BLK 14 & TR F NEBRASKA SYNDICATE;
220
221 Then generally south along east boundary of said TRS IA 113 2A & 2B BLK 2 & TRS 14A & 14B BLK
222 14 & TR F NEBRASKA SYNDICATE to interior comer of said tract, same being southwest boundary of
223 said TR 13A BLK 13 & TR G (NM) NEBRASKA SYNDICATE;
224
225 Then east along boundary of TRS lA 1B 2A & 2B BLK 2 & TRS 14A & 14B BLK 14 & TR F
226 NEBRASKA SYNDICATE to east corner of said tract, same interior corner of said TR 13A BLK 13 &
227 TR G (NM) NEBRASKA SYNDICATE;
228
229 Then south along east boundary of said TRS IA 1B 2A & 2B BLK 2 & TRS 14A & 14B BLK 14 & TR
230 F NEBRASKA SYNDICATE to east comer of said TRS, same being northeast comer of TRS 1 & 2 BLKS
231 2 14 15 & 16 NEBRASKA SYNDICATE;
232
233 Then generally west and south along boundary of said TRS 1A 1B 2A & 2B BLK 2 & TRS 14A & 14B
234 BLK 14 & TR F NEBRASKA SYNDICATE interior corner of said TRS, same being corner of said TRS
235 1 & 2 BLKS 2 14 15 & 16 NEBRASKA SYNDICATE;
236
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237 Then east and south along said TRS IA 1B 2A & 2B BLK 2 & TRS 14A & 14B BLK 14 & TR F
238 NEBRASKA SYNDICATE to southeast comer of said TRS, same being north ROW of W Barbours Cut
239 Blvd;
240
241 Then west along south boundary of said TRS I 1B 2A & 2B BLK 2 & TRS 14A & 14B BLK 14 & TR
242 F NEBRASKA SYNDICATE, same being north ROW of W Barbours Cut Blvd to southwest comer of
243 said TRS, same being east ROW of N 16' St;
244
245 Then generally south along east ROW of N 16th to southwest comer of S 7.5 FT OF ITS I THRU 15
246 BLK 717 (NM) LA PORTE, same being boundary of CITY OF LA PORTE TIRZ 1;
247
248 Then generally west across ROW of N 16" St and along boundary of CITY OF LA PORTE TIRZ 1 to
249 southeast comer of LTS 1 THRU 10 21 THRU 30 & TRS 11 THRU 20 & ADJ ALLEYWAYS BLK 716
250 LA PORTE, same being west ROW of N 16" St and point of beginning of +/- 15.75 acre Annexation
251 Tract 5.
252
253 Annexation Tract 6 is +/- 14.8 acre tract of right-of-way (ROW) with point of beginning being west
254 ROW of San Jacinto Ave and south ROW of E C St, same being north comer of LTS 27 & 28 & N 1/2 OF
255 IT 26 LA PORTE (400 SAN JACINTO) and boundary of CITY OF LA PORTE TIRZ 1;
256
257 Then west by south along south ROW of E C St to west comer of ITS I & 2 & N 1/2 OF IT 3 BLK 223
258 LA PORTE, same being east ROW of Arizona St;
259
260 Then west along south ROW of E C St across ROW of Arizona St to east ROW of S Broadway St (nwc
261 of La Porte Junior High School);
262
263 Then generally south along east ROW of S Broadway St to northwest comer of LTS 1 THRU 5 & 28
264 THRU 32 BLK 272 LA PORTE (102 E G St), same being south ROW of G St;
265
266 Then west across ROW of S Broadway St and along south ROW of G Street to northwest comer of LTS
267 17 THRU 32 & TRS 1 THRU 16 BLK 147 & ITS 1 THRU 16 BLK 148 LA PORTE (715 HIGHWAY
268 146 S), same being east ROW of northbound access road of SH 146;
269
270 Then north along east ROW of northbound access road of SH 146 to north ROW of G Street St;
271
272 Then east along north ROW of G Street St to southeast corner of ITS 5 THRU 28 BLK 133 (RES A PER
273 PLAT) LA PORTE R/P (704 S BROADWAY), same being west ROW of S Broadway St;
274
275 Then north along west ROW of S Broadway St to northeast corner of ITS 30 31 & 32 BLK 109 LAWN
276 MOWER SHOP LA PORTE (504 S BROADWAY), same being south ROW of D St;
277
278 Then west along south ROW of D Street to east ROW of northbound access road of SH 146;
279
280 Then generally north along east ROW of northbound access road of SH 146 to north ROW of D St;
281
282 Then east along north ROW of D Street to southwest corner of LTS 17 & 18 BLK 12 LA PORTE (424 S
283 BROADWAY ST), same being west ROW of S Broadway St;
284
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285 Then north along west ROW of S Broadway St to southwest comer of LTS 12 THRU 24 BLK 13 LA
286 PORTE (HCAD: 0231580130012), same being north ROW of W C St;
287
288 Then east along north ROW of C St, across ROW of S Broadway St to southwest comer of LTS 2 THRU
289 5 BLK 219 LA PORTE (201 E C St);
290
291 Then east by north along north ROW of C St to east comer of LTS 6 THRU 9 BLK 219 LA PORTE (324
292 SAN JACINTO ST), same being west ROW of San Jacinto Ave and boundary of CITY OF LA PORTE
293 TIRZ 1;
294
295 Then south southeast across ROW of C St and along west ROW of San Jacinto Ave and boundary of CITY
296 OF LA PORTE TIRZ 1 to point of beginning of +/- 14.8 acre Annexation Tract 6.
297
298 Annexation Tract 7 is +/- 10.1 acres located along south right-of-way of W Main St, between State Hwy
299 146 on the west and S Broadway St on the east with the point of beginning being northwest comer of LTS
300 2 THRU 6 BLK 45 LA PORTE (105 HIGHWAY 146 S), same being south ROW of W Main St, and
301 boundary of CITY OF LA PORTE TIRZ 1;
302
303 Then east along south ROW of W Main St, and boundary of CITY OF LA PORTE TIRZ 1 to northeast
304 comer of LTS 28 THRU 32 BLK 37 LA PORTE (108 S BROADWAY ST), same being south ROW of W
305 Main St, west ROW of S Broadway St, and boundary of CITY OF LA PORTE TIRZ 1;
306
307 Then southeast by south across ROW of S Broadway St, and along boundary of CITY OF LA PORTE
308 TIRZ 1 to north corner of LTS 1 THRU 9 BLK 199 LA PORTE (101 S BROADWAY);
309
310 Then west across ROW of S Broadway St and along south boundary of alley way (LT 27 & N 1/2 OF IT
311 26 BLK 37 LA PORTE) to east boundary of LTS 7 THRU 12 BLK 37 LA PORTE (119 S 1 ST ST);
312
313 Then north along east boundary of said LTS 7 THRU 12 BLK 37 to northeast comer and south boundary
314 of alley way;
315
316 Then west along alley way to northwest comer of RES A BLK 1 MAIN STREET CROSSING (117
317 HIGHWAY 146 S), same being east right-of-way of northbound access road of State Hwy 146;
318
319 Then generally north across alleyway and along east right-of-way of northbound access road of State Hwy
320 146 to northwest corner of LTS 2 THRU 6 BLK 45 LA PORTE (105 HIGHWAY 146 S), same being south
321 ROW of W Main St and boundary of CITY OF LA PORTE TIRZ 1 and point of beginning of +/- 10.1
322 acre Annexation Tract 7.
323
324
325 Boundary Map
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EXIBBIT"C'
REINVESTMENT ZONE NUMBER ONE
CITY OF LA PORTE, TEXAS
FOURTH AMENDED
PROJECT PLAN AND REINVESTMENT ZONE FINANCING PLAN
November 21, 2024
REINVESTMENT ZONE NUMBER ONE, CITY OF LA PORTE, TEXAS
Fourth Amended Project Plan and Reinvestment Zone Financing Plan
Table of Contents
Project
Reinvestment Zone Finance Plan
Map 1—Proposed Boundary Expansion
Map 2 — Existing and Proposed Land Uses in the Zone
Exhibit 1—Projected Zone Revenues
-2-
Introduction
The Reinvestment Zone Number One, City of La Porte, Texas ('Zone"), was created by the City
Council of the City of La Porte, Texas ('City") in 1999 by Ordinance No. 99-2325. City Council
subsequently approved the Project Plan and Reinvestment Zone Financing Plan. The purpose of
the tax increment reinvestment zone (the "Zone") is to finance construction of public facilities
and infrastructure necessary to catalyze commercial and residential development and
redevelopment within the Zone boundary.
The Original Zone covered approximately 1,362 acres and was created with the intent of
encouraging residential, retail, and light industrial uses within the Zone. At the time, the excessive
costs associated with constructing a regional detention basin and channel system and oversized
sanitary sewer lift stations, force mains and gravity collection lines in accordance with the City's
master plan prohibited the sound growth of the municipality and impeded the development of
the area solely through private investment. A regional approach to storm water detention was
also necessary due to the inherent inefficiencies in localized detention which decreased the
amount of usable land, thus limiting the amount of taxable value within the area.
The Zone was created as a mechanism to fund expenditures associated with the design,
construction and financing of public improvements, as well as other specific project related costs.
Developers have advanced funds on behalf of the TIRZ for design and construction of speck
public facilities, to be reimbursed through a development reimbursement agreement.
On February 30'", 2014, by Ordinance No. 2014-3509 City Council approved the First Amended
Project Plan and Finance Plan which expanded the Zone boundaries to include an additional 33
acres of land and provide for the construction of public utilities and storm water detention
facilities to accommodate development within the expanded boundaries. Since inception of the
Zone a number of public improvements have been completed including roadways, drainage,
water and sewer improvements. Residential, commercial and industrial development has
occurred, and values have increased to over $338 million.
On April 26", 2021, by Ordinance No. 2021.3825 City Council approved the Second Amended
Project Plan and Finance Plan which extended the Ilfe of the Zone an additional five years allowing
the TIRZ to continue to accomplish the goals for which it was originally created and to allow
adequate time to fund new projects.
On October 2e, 2022 by Ordinance No. 2022.3899 City Council approved the Third Amended
Project Plan and Finance Plan which expanded the zone boundary by an additional 3.7 acres to
include the proposed Sylvan Beach Enclave development and update the projects and project
costs to support the boundary expansion.
Fourth Amended Proiect Plan and Finance Plan
The Zone and the City now propose the Fourth Amendment to the Project Plan and Finance Plan
which expands the boundaries of the Zone by an additional +/- 323.13 acres to include projects
and properties that support redevelopment. This document constitutes the Fourth Amended
Project Plan and Reinvestment Zone Finance Plan as required by Chapter 311, Texas Tax Code.
-3-
Project Plan
A. Authorized Projects and Project Costs
The project costs for the Fourth Amendment are detailed in Table 1. The dollar amounts
for each category are approximate and maybe amended from time to time by the Board
of Directors of the Zone with approval of the City Council. Projects include Roadways &
Streetscapes including intersection, pedestrian and safety improvements, bicycle/trail
facilities, and public art; Infrastructure including water, sewer and drainage/detention
improvements; and Parks, Recreation and Public Facilities including redevelopment of
existing parks and facilities, development of new facilities, land acquisition, trails and
bikeways, and public parking.
Table 1— Estimated Project Costs
Projects
Estimated Costs
Roadways & Streetsca es
$30,000,000
Infrastructure Water, Sewer Drainage
$15,000,000
Parks Recreation and Public Facilities
$25,000,000
Administration
$1 000 000
Total
$71 000.000
-4-
B. Existing and Proposed Uses of land (Texas Tax Code § 311.011(b)(1)):
Map 2, attached hereto, depicts the existing and proposed land uses in the Zone.
Proposed land uses shall include similar, but enhanced residential, mixed use, commercial
retail, office, public and institutional, transportation, park and open spaces, and
undeveloped land uses.
C. Proposed Changes of Zoning Ordinances, Master Plan of Municipality, Building Codes,
and Other Municipal Ordinances (Texas Tax Code § 311.011(b)(2)):
All construction will be done in conformance with existing building code regulations of
the City of La Porte. There are no proposed changes of any city development ordinances,
master plans, or building codes.
D. Estimated Non -Project Costs (Texas Tax Code § 331.011(b)(3)):
The project costs referenced in Table 1 are inclusive of project costs to be incurred by the
Zone only. The costs that would otherwise be project costs but are derived from other
parties, such as the City of La Porte, the Texas Department of Transportation or private
sources, are non -project costs.
E. Method of Relocating Persons to be Displaced, if any, as a result of implementing the
Plan (Texas Tax Code § 311.011(b)(4)):
There will be no persons displaced as a result of implementing the plan.
Reinvestment Zone Finance Plan
A. Estimated Project Costs (Texas Tax Code § 311.011(c)(1))
Table 1 lists the estimated project costs for the Zone. Asset forth in this Plan Amendment,
the dollar amounts are approximate and maybe amended from time to time by the Board
of Directors of the Zone with approval of the City Council. The financing costs are a
function of project financing needs and will vary with market conditions from the
estimates shown in Table 1.
B. Proposed Kind, Number, and Location of all Proposed Public Works or Public
Improvements to be Financed by the Zone (Texas Tax Code § 311.011(c)(2)):
These details are described throughout the Plan, including but not limited to roadway,
water, sewer and drainage improvements, bicycle and pedestrian facilities, and parks,
recreation and public facilities. The number and location of proposed improvements are
contained in Table 1 and will be located within the boundary as shown on Map 1.
C. Economic Feasibility (Texas Tax Code § 311.011(c)(3)):
The original plan prepared in 1999 evaluated the economic potential of the Zone. The
analysis determined that the area within the boundaries of the Zone substantially arrests
and impairs the growth of the City, slows down the provision of housing accommodations
and commercial development and constitutes an economic and social liability. At the
time of creation, the area included in the TIRZ was predominately open and consisted of
property with defective titles and delinquent taxes. These conditions along with the
enormous cost of infrastructure improvements including drainage and sewer, impeded
the sound growth and development of the area. As a result, it was determined that the
area would benefit from a Tax Increment Reinvestment Zone, which facilitates
-5-
infrastructure improvements and projects. These improvements would facilitate
residential and commercial development in the area. The proposed boundary expansion
would further the goals of the Zone and would facilitate new investment in the area.
Exhibit 1 constitutes incremental revenue estimates for this Plan. The incremental
revenue estimates are projected to be sufficient to cover the costs of proposed
improvements. The Zone and the City find and determine that the Plan is economically
feasible.
D. Estimated Amount of Bond Indebtedness; Estimated Time When Related Costs or
Monetary Obligations Incurred (Texas Tax Code § 311.011(c)(4), § 311.011(c)(5)):
Issuance of notes and bonds bythe Zone may occur as tax increment revenues allow. The
value and timing of the issuance of notes or bonds will correlate to debt capacity as
derived from the projects and revenue schedules included in Table 1 and Exhibit 1, as
well as actual market conditions for the issue and sale of such notes and bonds.
E. Methods and Sources of Financing Project Costs and Percentage of Increment from
Taxing Units Anticipated to Contribute Tax Increment to the Zone (Texas Tax Code §
311.011(c)(6)):
Methods and sources of financing include the issuance of notes and bonds, developer
advances, as well as collaboration with the city, and other entities for grant funding and
partnerships. Tax increment will consist of contributions from the City, County and La
Porte Independent School District. The taxing entities participate at the following rates:
City of La Porte
• 100% of its tax rate in the Original and Expanded Zone
Harris County
• 75%of its tax rate in the Original Zone
La Porte ISD
• 100%of its tax rate,$0.86/100 of the ISO tax rate goes towards TIRZ projects with
the remainder going towards educational facilities. La Porte ISO only participates
in the Original Zone and participation ends in 2029.
F. Current Total Appraised Value of Taxable Real Property (Texas Tax Code §
311.011(c)(7)):
The current City taxable appraised value of taxable real property in the current Zone
boundary is $385 million. Current taxable value of the property to be added to the Zone
is $27.5 million.
G. Estimated Captured Appraised Value of Zone During Each year of Existence (Texas Tax
Code § 311.011(c)(8)):
The estimated captured appraised value of the expanded Zone during each remaining
year of existence is contained in Exhibit 1.
H. Zone Duration (Texas Tax Code § 311.011(c)(9)):
The Zone was established by the City in 1999 and will terminate on December 31, 2034.
La Porte ISD's participation in the Zone will end on December 31, 2029. The Zone may
-6-
terminate at an earlier time designated by subsequent ordinance, or at such time,
subsequent to the issuance of proposed revenue bonds, notes or other obligations, if any,
that all project costs, bonds, and interest on bonds have been paid in full.
-7-
Exhibit la
Projeaed Zone Revenues, Original Irene
Tax
Roll
Jan 1
Sesevawe
2024
Taxablevalue
Captured
aapraised value
2W4
$ 6,394,550
$ 385,282,537
$ 328,882,982
2025
5 6,394,550
$ 396,611,013
$ 3WM4463
2026
$ 6,394,550
$ 480,746,244
$ 402,352
2022
$ 6,394,5W
$ 42LOa8,631
$ 414,614,081
2028
$ 6,364,5W
$ 433,638,890
$ 42I,244,340
2W9
$ 6,394,SW
$ 446,643A56
$ 440,253,506
2030
$ 6,394,550
$ 460,047p98
$ 453,65L948
2031
$ 6,3%,SW
$ 473,M,923
$ 467AM 373
203E
5 6,394,550
5 488,M4,391
$ 48LW:w
2033
$ 6,394,550
$ 50L906,322
$ 496,311,772
2084
5 6,394,5W
$ 512,787,512
$ 51L392,962
Ta
Year
wl.
Year
CI
ISO
Cmn
Total
TIRERev —
Available
iWl
Cumubtive
Taa Revenue
Available
2024
M25
$ 2,W,724
$ 3,193,263
$ 1,1)7;966
$ 6,950$W
$ fi,950$58
2025
M26
$ 2,266,626
$ 3,29 M
$ 1,205,698
$ 7,16M06
$ 14,113,965
2026
2027
$ 2d 984
$ 3,39;020
$ 1,39,422
5 7,MM16
$ 2L495,381
2022
2028
$ 2,937,872
$ 3A94,367
$ 1,174,138
$ 7,606.378
$ M.10L259
2W8
2029
$ 3,027,30
$ 3,600,815
$ 1N09,9O
$ 7,838P09
$ 11,9111
2029
2M
$ 3,119,548
$ 3,710457
$ 1,246,246
$ 8,06,751
$ 45,016,598
2WO
2031
$ 3,214,494
$ 3,214A%
$ 48,23L092
2001
203E
5 3,312,288
$ 3ja288
$ 5LSa3,360
2032
2033
$ 314=16
$ 3A13,016
$ 54,956,396
2033
2034
$ 3,5M765
$ 3,S16,TW
$ Yp23,262
204
2035
$ 3b ,628
$ 3,623628
$ 62p96,290
$ 341462,318 $ "Auto $ 6,9N,865 $ 61096,790
Exhibit lb
Projede Zone Revenues, 2010 Annexation
Tax
Roll
Jan 1
Base Value
2M4
Taxabk Value
Captuond
Appraisexi Value
2024
$ 2,31J1
$ 21p74,129
$ 21,071,819
2Q25
$ 2,310
$ 21,706,353
$ 21,7MA343
2026
$ 2,3M
$ 2; 57$
$ 22,M5233
2027
$ 2,310
$ 23p211 TM
$ 23p25,%0
2028
$ 2,3M
$ 23.719,118
$ 23,716AB
2029
$ 2,3M
$ 24AM01
$ m,Q8,3B1
2030
$ 2,33J)
$ 25,163.612
$ 25,161 2
2031
$ 2,3M
$ 2519111 M
$ 25,916,210
2M2
$ 2,33J)
5 26,696X6
$ 26693,766
2033
$ 2,31J)
$ 27A%,9%
$ 27,090,618
20M
$ 2,33J)
$ 28,32L 7
$ 28,30,557
Tax
Year
C.H.
Year
On,
I50
CeunN
Taul
TIM Revenues I
Available
Too'
Cumulative
Tax Revenue
Available
2020
M25
$ 149,311
$ 1a9,311
$ 149,311
2025
M26
$ 03,791
$ 153,791
$ 3o3,101
2026
M27
$ 158A5
$ MBAS
$ a61,506
2027
M26
$ M3,157
$ 163,152
$ 620,M3
2028
M29
$ 1681053
$ 1%8 53
$ a92,716
M29
M30
$ 173,095
$ 1T3,095
$ %5,610
MM
2031
$ 178,288
$ 1/8,288
$ 1WAXa8
M31
2032
$ M3,637
$ 183,637
$ yi2T,T35
M32
2033
$ 189,.
5 199,142
5 1,516,11112
M33
20M
$ 19a,822
$ 194V2
$ 1,]11,)04
2M
2035
$ Zg %7
$ 200,66l
5 1.912,3M
$ y91 m $ $ $ 1,9123a0
Exhibit lc
Proje0led Zone Revenues, 2022 Annexation
T.
Roll
U. I
8a5e Vilua
2024
Taxable Value
Appraised
CapNred
Value
2024
$ 2MA16
5 2N,476
$
-
2025
$ 2MA76
$ 303,310
$
8,24
2026
$ 2NA75
$ 312A10
$
17,934
2027
$ 2MA76
$ 321,782
$
27,306
=8
$ 294,476
$ 331435
$
36,959
2029
$ M,476
$ M1,328
$
46,902
2030
$ 294,426
$ 35LUO
$
57,144
2031
$ E94,476
$ 362,168
$
67,611
2032
$ 294,476
$ 3T3,033
$
79,552
2033
$ 2%,476
$ 384,224
$
89748
2034
$ E94,476
$ 395,751
$
1.112]5
Tax
Year
UAL
Year
Ow
150
C.unw
7.1
TIRERexenuea
Available
To
Cumulative
Tax Revenue
AwUtAe
424
2025
$ -
$
$ -
2025
2M6
$ 63
$ 63
$ 63
=6
2027
$ I27
$ 127
5 1%
2027
2028
$ 193
$ 1"
$ 383
Me
20M
$ 262
$ 26E
$ 645
2029
2030
$ 332
$ m
$ 977
2N0
2031
5 405
$ WS
5 L382
2031
203E
$ 480
$ 4N
$ L863
M12
2033
$ 117
$ SST
$ 2A19
2033
E034
$ 636
$ 6'b
$ 3AS
203a
E035
$ T1B
$ 718
$ 3,772
3,P2 $ - $ - $ 3,M
6xhlbltld
projected Zone Revenues, 2024 Annexation
Tan
Boll
Jan l
&ae Value
2024
Taxable Value
Appreaeol
Captured
Value
21114
$ 27,e53,555
5 27,453,555
5
-
20E5
$ 2I,A53,555
$ 28,271,162
$
8BW7
=6
$ 27,453,555
6 29,125,476
$
1,67L921
2027
5 27A53,555
5 29,M9 41
$
2,515,686
20M
$ 2I,4EISSS
$ 3QM,218
5
3M5,663
2029
$ 27,453,555
$ 31,926,35
$
4,3746W
2030
$ 27,453,555
$ 32,78t1,960
$
5,3Pp25
201
1$ 21p5L555
$ 33,]64,410
$
6,31oA55
202
$ 2].0.53.555
$ 34T]].342
$
7,M,787
2W3
$ 21,453,555
$ 35,820,662
$
8,36],10]
2W4
5 27,453,555
5 36,895,282
$
9p41 ]2]
Tax
Year
Coll,
Year
CIA,
ISO
Coum
Total
TWIlievenues
Available
Tool
Cu.uhMe
Taa Revenue
Available
2124
2M
$ -
$ -
5 -
2025
2W6
$ SAM
$ 5,836
$ SA36
2026
2027
$ 1L947
$ 11,847
$ 17,693
2027
2018
$ 18A38
$ 1$038
$ 35,121
2WS
2029
$ 2A15
$ NA15
$ 0.135
2029
2030
$ 30,984
$ W,984
$ 9L120
2030
2031
$ 37,749
5 37,749
$ 12$069
2031
2032
$ 40,]17
$ 44,"I
$ 1]3,5%
2032
2033
$ 5L895
$ 51,895
5 225491
2033
2034
5 59,288
$ 59,288
$ 284,769
2030
2035
$ 66,WE
$ 66,9@
$ 35LX71
$ 35L621 $ - $ - Is 35L6T
Map
Proposed Boundary Expansion
Map 2
Property Classification
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