HomeMy WebLinkAboutOrdinance 1798
ORDINANCE NO. 1798
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 to the City Council, and;
WHEREAS, Chapter 312 , Texas Tax Code, known as the Texas
Property Redevelopment and Tax Abatement 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 May 11, 1992 the City of North Richland Hills City
Council, by resolution, established certain guidelines and criteria
governing tax abatement agreements and indicated the desire of the
City of North Richland Hills to become eligible to participate in
tax abatement agreements, and;
WHEREAS, Tecnol Medical Products, Inc. has requested the
designation of reinvestment zones for the purpose of tax abatement
of real property belonging to Tecnol Medical Products, Inc., for
the purpose of economic development as def ined under the Texas
Property Redevelopment and Tax Abatement Act, and;
WHEREAS, on the 27th day of April, 1992, notice was published
in the Mid Cities News stating that a public hearing would be
conducted by the City of North Richland Hills City Council on the
11th day of May, 1992, to consider the request of Tecnol Medical
Products, Inc. to have the properties herein described in Exhibits
"A" and liB" as reinvestment zones, and;
WHEREAS, it is the finding of the City Council of the City of
North Richland hills that the terms of the agreement and the
properties subject to the agreement as presented to the City of
North Richland Hills by Tecnol Medical Products, Inc., meet the
applicable guidelines and criteria adopted by the City Council as
of May 11, 1992, and;
WHEREAS, it is the finding of the City Council of the City of
North Richland Hills that the creation of reinvestment zones for
the above stated properties would be a benefit to the said property
and the development anticipated to occur in the proposed zones
would contribute to the economic development of the City of North
Richland Hills, and;
WHEREAS, it is the finding of the City Council of the City of
North Richland Hills that the designation of the reinvestment zones
would contribute to the retention or expansion of primary
employment within the City of North Richland Hills, Texas, and;
WHEREAS, it is the finding of the City Council of the City of
North Richland Hills that the designation of the reinvestment zones
would attract major investment in the zones, and;
BE IT THEREFORE ORDAINED that the City Council of the City of
North Richland Hills hereby designates as reinvestment zones the
properties herein described in Exhibits "A" and "B" pursuant to the
authori ty contained in Section 312.401 of the Texas Property
Redevelopment and Tax Abatement Act.
Passed in open session of the City Council this 11th day of
May, 1992.
~/V _...#~-AI'JI'-.eJ
Tommy Brown, ~ayor
City of North Richland Hills, Texas
ATTEST:
:¿~¡f~~
nette Rewis, City Secretary
Ä PROVED AS TO FORM AND LEGALITY:
Rex cEntire - Attorney for City
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LEGAL AFFIDAVIT
The City Council of the
City of North Rlchland
Hills, Texas, &h..1I con-
sider the passage of an
ordinance designating
two Reinvestment Zones
on properties locateCI at:
1) 6625Indu.trlal Park
Blvd.; and, 2H201 Indus-
trial Park BIYd. The
public hearing shall be
at 7:30 P.M. on Monday,
May 11, 1992 In the Coun-
cil Chambers at 7301
Northeast. Loop 820,
North Rlchland Hills,
Texas.
.L
At the above meeting
the City Council shan
consider an Abatement
Agreement for Improve-
ments wIthin the desig-
nated Reinvestment
Zones.
Before me, the undersigned authority on this day personally al Tommy Brown
Mayor
peared MARG I E LANGLEY known to me to be a credible person, w~ ...JIl
THE STATE OF TEXAS:
COUNTY OF TARRANT
first being sworn, deposed and upon her oath said:
That she is the C'.L.A.R. of the MID CITIES NEWS
, a newsl'a-
per which has been regularly and continuously published and of general
circulation in the City/Town of N. RICHLAND HILLS ,for a period of-
.more than one year next preceding the first publication of the attached
LEGAL AD
and that he caused said notice to be published in
said newspaper on the following date(s).
t.f .. ~(p . c¡ à...
That the attached is a true and correct copy of said notice as
'"
published on said date(s) in ..id ~ ~h,
Sworn to and subscribed before me, this the ,~.at~ay o~,/
19~
(-\\í''t-'~'''~~(\''N:''n )-,.(Ì\,,"--
,,----J Notary Public,
TARRANT County, Texas