HomeMy WebLinkAboutOrdinance 2420
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ORDINANCE NO. 2420
WHEREAS, the City of North Richland Hills City Council has determined that the
economic well-being of the City of North Richland Hills is of primary concern, and;
WHEREAS, Chapter 311, Texas Tax Code, known as the Texas Tax Increment
Financing Act, provides that the City of North Richland Hills has the authority to create
reinvestment zones within the City for the purpose of economic development, and;
WHEREAS, on August 23, 1999, the City Of North Richland Hills City Council
passed Resolution 99-60 finding that the 280 acre Town Center site and the surrounding
area meets the State's criteria, determining that "development or redevelopment would not
occur solely through private investment in the reasonably foreseeable future" and is
"predominantly open and, because of obsolete platting, deterioration of structures or site
improvements, or other factors, substantially impair or arrest sound growth of the
municipality", and;
WHEREAS, on September 13, 1999, the City of North Richland Hills City Council
received a Preliminary Financial Plan & Preliminary Project Plan, requested that the other
four taxing jurisdictions waive the 60-day notice and called a Public Hearing for Monday,
October 25,1999, to consider the creation of "Reinvestment Zone Number 2, City Of North
Richland Hills", and;
WHEREAS, the City Of North Richland Hills delivered copies of the two preliminary
plans to each affected local government taxing entity and likewise formally presented the
Preliminary Financial Plan & Preliminary Project Plan to the governing body of each entity,
and;
WHEREAS, on the 18th day of October, 1999, notice was published in the Fort
Worth Star-Telegram stating that a public hearing would be conducted by the City of North
Richland Hills City Council on the 25th day of October, 1999, to consider the creation of
a tax increment reinvestment zone herein described in Exhibit "A" and pictured in "Exhibit
B" as a reinvestment zone, and;
WHEREAS, it is the finding of the City Council of the City of North Richland Hills,
following the public hearing, that the creation of a reinvestment zone for the above stated
property would significantly enhance the value of all taxable real property in the proposed
zone, attract major investment within the zone, contribute to the expansion of primary
employment within the zone and will be of general benefit to the City of North Richland
Hills, and;
BE IT THEREFORE ORDAINED that the City Council of the City of North Richland
Hills hereby finds that "Reinvestment Zone Number 2, City of North Richland Hills", or the
property herein described in Exhibits "A" and "B", meets the requirements of Section
311.005 of the Texas Tax Increment Financing Act and therefore is designated to take
effect on January 1,2000, as specified in Section 311.005(a)(5) of the same Act.
PAGE 2
BE IT ALSO ORDAINED that Reinvestment Zone Number 2, City of North Richland Hills
will expire in 2027 or when bonds sold to fund construction of the Town Center infrastructure
improvements, Library, Recreation Center and Tarrant County College Conference/Performing Arts
Center expire, whichever comes first, and;
BE IT ALSO ORDAINED that the City Council of the City Of North Richland Hills hereby
creates a tax increment fund for the aforementioned zone to hold tax revenues and retire bonds
for said improvements within the zone, and;
BE IT ALSO ORDAINED that the City Council of the City Of North Richland Hills hereby
creates a board of directors for the zone as provided in Section 311.009, comprised of the following
members: City Of North Richland Hills - five (5) members, Tarrant County - one (1) member,
Tarrant County Hospital District - one (1) member and Tarrant County Junior College - one (1)
member.
Passed in open session of the City Council this 25th day of October, 1999.
cC~ or
City of North Richland Hills, Texas
ATTEST:
r::?avvà¿¿ .~
\-...
Patricia Hutson, City Secretary
\ \PROVED A ~NT
Marty Wi r, Director of Economic Development
TO FORM & LEGA
)ló
ORDINANCE NO. 2420
Exhibit A
CITY OF NORTH RICHLAND HILLS, TEXAS
REINVESTMENT ZONE NO.2
Town Center Area
Metes and Bounds Description
BEGINNING at the northeast property corner of Tract 4 (NRH20 tract) in the D.C.
Manning Survey, Abstract No. 1046 at the intersection of the south boundary line of
Tract 4A in the D.C. Manning Survey, Abstract No. 1046, a 75-foot wide strip of land
deeded to Texas Electric Service Company, recorded in Volume 2844, Page 281 of the
Deed Records of Tarrant County, Texas. Said point of beginning also lying in the
northwest right-of-way line of Grapevine Highway (State Highway No. 26).
THENCE, in a Westerly direction along the south property line of said Texas Electric
Service Company right-of-way approximately 3,650 feet to the northeast
corner of Lot 1, block 6, Irish Meadows Addition;
THENCE, in a Northerly direction along the east subdivision boundary line of Holiday
East Mobile Home Park approximately 1,010 feet to the northeast comer
of said Park;
THENCE, in a Westerly direction along the most northerly north subdivision
boundary line of Holiday East Mobile Home Park approximately 1,260 feet
to the most easterly northwest corner of the said Park;
THENCE. in a Southerly direction along the most easterly west subdivision boundary
line of Holiday East Mobile Home Park approximately 775 feet to a corner;
THENCE. in a Westerly direction along the most southerly north subdivision
boundary line of Holiday East Mobile Home Park approximately 1,050 feet
to the most westerly northwest corner of said Park;
THENCE, continuing in a Westerly direction along the north property line of Lot 1,
Block 2. Red Gate Addition approximately 420 feet to the southeast comer
of Lot 1, Block 1, Red Gate Addition;
THENCE, in a Northerly direction along the east property line of said Lot 1
approximately 161 feet to the northeast corner of said Lot 1;
THENCE, in a Westerly direction along the north property line of said Lot 1,
approximately 150 feet to the northwest corner of said Lot 1 also being in
the east right-of-way line of Davis Boulevard (FM 1938);
REINVESTMENT ZONE #2
Metes and Bounds Description
10/15199
Page 1 of 5
Ordinance No. 2420
Exhibit A
THENCE. in a Northerly direction along the east right-of-way line of Davis Boulevard
approximately 1,905 feet to the most westerly northwest corner of Tract
6C in the J. Barlough Survey, A-130;
THENCE. in a Westerly direction across Davis Boulevard right-of-way approximately
120 feet to the northeast corner of Lot 1A, Block 31, College Hill Addition;
THENCE. in a Westerly direction along the north property line of said Lot 1A
approximately 96 feet to its northwest corner in the east right-of-way line
of Smithfield Road;
THENCE, in an Northerly direction along the east right-of-way line of Smithfield Road
approximately 1,540 feet crossing Mid-Cities Boulevard to the northwest
corner of Tract 5C1 in the J. Barlough Survey, A-130;
THENCE, in an Easterly direction across the north property line of said Tract 5C1
approximately 740 feet to the southwest corner of Lot 22, Block J,
Smithfield Addition;
THENCE, in a Northerly direction along the west property line of said Lot 22
approximately 100 feet to the northwest corner of said Lot 22;
THENCE, in an Easterly direction along the north property line of said Lot 22
approximately 190 feet to the northeast corner of said Lot 22 also being in
the west right-of-way line of Davis Boulevard;
THENCE. East across Davis Boulevard right-of-way approximately 120 feet to a
point in the east right-of-way line and the west property line of Lot 1, Block
1, E-Systems Addition;
THENCE, in a Northerly direction along the east right-of-way line of Davis Boulevard
approximately 150 feet to the northwest corner of said Lot 1;
THENCE, in an Easterly direction along the south right-of-way line of Cardinal Lane
approximately 2,500 feet across Amundson Road to a point in the north
property line of Tract 11 in the T.K. Martin Survey, A-1 055;
THENCE, continuing in an Easterly direction across Martin Drive approximately 300
feet to a point in the east right-of-way line of Martin Drive;
THENCE. following the east and south right-of-way line of Martin Drive as follows:
1. In a Northerly direction approximately 635 feet to a point;
RÐNVESTMENTZONE#2
Metes and Bounds Description
10/15/99
Page 2 of 5
Ordinance No. 2420
Exhibit A
2. In an Easterly direction approximately 3,970 feet to the northeast
corner of Lot 14A. Block 1, Thompson Park Estates and in the west
right-of-way line of Precinct Line Road (FM 3029);
THENCE, in a Southerly direction following said west right-of-way line approximately
2,335 feet crossing Mid-Cities Boulevard to the northeast corner of Lot 1,
Block 1, Northeast Crossing Addition;
TH~NCE, Along the west right-of-way line of said Precinct Line Road as follows:
1. S 01° 59' 14" E, 28.71 feet to a point;
2. S 03° 38' 28" E, 61.06 feet to a point;
3. S 00° 12' 35" E, 200.01 feet to a point;
4. S 03° 04' 14" E, 100.18 feet to a point;
5. S 00° 21' 47" W, 397.83 feet to a point;
6. S 14° 25' 48" W, 50.78 feet to a point in the northwest right-of-way
line of Grapevine Highway (S.H. 26);
THENCE, Along the northwest right-of-way line of said Grapevine Highway as follows:
1. S 45° 56' 00" W, 196.97 feet to a point;
2. S 51° 00' 39" W, 98.70 feet to a point;
3. S 48° 28' 20" W, 28.55 feet to a point;
4. S 45° 56' 00" W, 354.41 feet to a point;
5. S 44° 41' 32" W, 44.26 feet to a point;
6. S 43° 27' 03" W, 253.62 feet to a point;
7. S 45° 18' 05" W, approximately 579.0 feet to a point;
8. S 45° 08' 12" W, approximately 750 feet to the POINT OF
BEGINNING.
SAVE and EXCEPT the property delineated by the following metes and bounds
description;
BEGINNING at the southwest corner of Lot 1, Block 1, Spring Oaks Estates;
RBNVESTMENTZONE#2
Metes and Bounds Description
10/15/99
Page 3 of 5
Ordinance No. 2420
Exhibit A
THENCE, in a Northerly direction along the west boundary line of Spring Oaks
Estates 472.83 feet to the most westerly northwest corner of Spring Oaks
Estates and the southwest corner of Lot 3, Block D, Sunny Meadow
Addition;
THENCE, continuing in a Northerly direction along the west property line of said Lot
3. 132.9 feet to the northwest corner of said Lot 3 and the south right-of-
way line for Shirley Drive;
THENCE, in a Westerly direction along the south right-of-way line of Shirley Drive
approximately 320 feet to the most westerly southwest corner of said
Sunny Meadow Addition;
THENCE, in a Northerly direction crossing Shirley Drive along the west boundary of
Sunny Meadow Addition approximately 660 feet to the northwest corner of
Lot 1, Block 3, Sunny Meadow Addition, also in the south right of Newman
Drive;
THENCE, in a Westerly direction along the said south right-of-way line
approximately 175 feet to a point;
(
THENCE, in a Northerly direction crossing Newman Drive along the west property
line of Tracts 4A3A and 4A7 in the J. Barlough Survey, A-130
approximately 250 feet to the northwest corner of said Tract 4A7;
THENCE, in an Easterly direction along the north property line of said Tract 4A7 and
Tract 4A in the J. Barlough Survey, A-130 approximately 250 feet to a
point in the west property line of Lot B, Block 1A, Sunny Meadow Addition;
THENCE, in a Northerly direction along the west property line of said Lot B
approximately 100 feet to the northwest corner of said Lot B;
THENCE, in an Easterly direction along the north boundary of the Sunny Meadow
Addition approximately 1,263 feet to the northeast comer of Lot 13. Block
A, Sunny Meadow Addition;
THENCE, in a Southerly direction along the east boundary of the Sunny Meadow
Addition approximately 630 feet to the southeast corner of Lot 5, Block C,
Sunny Meadow Addition, also being in the north property line of Lot 11,
Block 2, Spring Oaks Estates;
THENCE, in an Easterly direction along the north property line of said Lot 11
approximately 40 feet to the northeast corner of said Lot 11, also being in
the west right-of-way line of Amundson Drive;
REINVESTMENT ZONE #2
Metes and Bounds Description
10/15/99
Page 4 of 5
Ordinance No. 2420
Exhibit A
THENCE, in a Southerly direction along the curving east boundary of Spring Oaks
Estates and the said west right-of-way line approximately 1,250 feet to a
southeast corner of Lot 9, Block 5, Spring Oaks Estates:
THENCE, in a Southwesterly direction approximately 27 feet to another corner of
said Lot 9 in the north right-of-way line of Smithfield Road East (formerly
Cannon Drive);
THE_NCE, in a Westerly direction along the curving said north right-of-way line, also
being the south boundary of Spring Oaks Estates approximately 1,240
feet to the southwest corner of Lot 1, Block 1, Spring Oaks Estates and
the POINT OF BEGINNING.
¡,
REINVESTMENT ZONE #2
Metes and Bounds Description
10115199
Page 5 of 5
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INVOICE
Ord -/:Þ;;¿¡;}ò
Star-Telegram
400 w. 7th Street
FORT WORTH, TX 76102
(817) 390-7761
Federal Tax ID 22-3148254
Customer ID:
Invoice Number:
Invoice Date:
Terms:
Due Date:
PO Number:
Order Number:
Sales Rep:
Description:
Start Date:
Bill To:
CITY OF NO RICHLAND HILLS/SECRE
PO BOX 820609
NORTH RICHLAND HILLS, TX 76182-
Attn:
....
(-
CIT 13
160106301
10/18/99
Net due in 21 days
10/31/99
16010630
073
NOTICE OF POOLI
10/18/99
NOTICE OF PUBUC HEARING The C
1358
22
22 LINE
Sales Discount
ì~,~.,..'",,"
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nMIee -rt?Si :net
vestment Lots,l,&~
~n~ent..r Addition)Or
, .£ ,-,iI. ~ _....
.,.,. .. Octo-
In cH
.E.I
Net Amount:
T.-iE STATE OF TEXAS
County of Tarrant
$5.51
$121.22
($113.30)
$7.92
Before me, a Notary Public in and for said County and State, this day personally appeared Tammie Bryant, Bid and Legal Coordinator, for the Star-
Telegram, published by the Star-Telegram, Inc. at Fort Worth, in Tarrant County, Texas; and who, after being duly sworn, did depose and say that the
attached clipping of an advertisement was published in the above name~ paper on October 18, 1999
~~~~
SUBSCRIBED AND SWORN TO BEFORE ME, THIS Thursday, Dece~ 02, 1999. '" A
Notary Public Nß ~ ~ t). r)1 .
--------------- -~--1
DAWN M. KUYKENDALL
!~ COMMISSION EXPI,R, E, S
~ SEPTEMBER 13,2003
- - - - - - - - - - - - - - - . , . ~ -
Thank You For Your Payment
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