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HomeMy WebLinkAboutO-2014-3509 amended TIRZ No. 1 Project Plan and Reinvestment Zone Financing PlanCity of La Porte, Texas, Ordinance No.6509 AN ORDINANCE APPROVING THE 2013 AMENDMENT TO THE PROJECT PLAN AND REINVESTMENT ZONE FINANCING PLAN FOR REINVESTMENT ZONE NUMBER ONE, CITY OF LA PORTE, TEXAS; AUTHORIZING THE CITY SECRETARY TO DISTRIBUTE SUCH PLANS; CONTAINING FINDINGS AND PROVISIONS RELATED TO THE FOREGOING SUBJECT; PROVIDING FOR SEVERABILITY; 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 LaPorte, 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 "Pian") for the Zone; and WHEREAS, Chapter 311 of the Texas Tax Code authorizes the enlargement of the Zone and amendments to the Plan; and WHEREAS, the Board of Directors of the Zone considered and adopted The 2013 Amendment to the Project Plan and Reinvestment Zone Financing Plan for Tax Increment Reinvestment Zone Number One (the "Amendment") that reflects the enlargement of the Zone, and recommended the Amendment for approval by City Council; and WHEREAS, the City enlarged the boundaries of the existing reinvestment zone pursuant to Section 311.007, Texas Tax Code; and WHEREAS, after public notice thereof was given in accordance with the law, the City Council conducted a public hearing on October 28, 2013, on the proposed Amendment, at which property owners and other interested persons were allowed to speak; and WHEREAS, evidence was received and presented at the public hearing in favor of the proposed Amendment; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTE, TEXAS THAT: Section 1. 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. The Plan is hereby amended to reflect the Amendment shown as Exhibit A attached hereto. The Amendment is determined to be feasible and is approved. The appropriate officials of the City are authorized to take all steps reasonably necessary to implement the Amendment. Section 3. The City Secretary is directed to provide copies of the Amendment to each taxing unit levying ad valorem taxes in the Zone. Section 4. 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 retraining 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. 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 ANN., 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. This Ordinance shall be effective upon its passage and approval. PASSED APPROVED AND ADOPTED on this 'da y of, "9'- , 2 . rCity Secretary APPROVED AS TO FORM: Zz�'jle ity Attorney Exhibit A 12013 Amendment to Pian) Exhibit A 0 f� r?Yi AZ ION ZONE V,4LAlRGE?,#*NT N i t / r, 0 � w o %Nf fG, CITY OF LA PORTS� �, M oll E " p TllRZ EnWrigernea.1 2013 NIS[ I 7' r h 7 p r