HomeMy WebLinkAboutResolution 2013-001 t
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RESOLUTION NO. 2013 -001
A RESOLUTION DECLARING THE SUPPORT OF AND CONSENT OF
THE CITY OF NORTH RICHLAND HILLS TO THE CREATION OF THE
COTTON BELT COMMUTER RAIL IMPROVEMENT DISTRICT
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WHEREAS the CITY of NORTH RICHLAND HILLS has received a request from
promoters of the development of the COTTON BELT COMMUTER RAIL
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IMPROVEMENT DISTRICT, that the City consent to the creation of a special purpose x
district to facilitate the development of the rail project; and, s
WHEREAS the CITY OF NORTH RICHLAND HILLS will benefit by the creation
of this district, and will see the development of commuter rail within the city, which rail
project will be of significant importance to the long term future growth of the city and
benefit to its citizens; and,
WHEREAS up to two stations with a combined area totaling approximately 400
acres of developable land are contemplated to be included in the special purpose
district with the city limits of North Richland Hills; and,
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WHEREAS it is contemplated that the special purpose district will facilitate the
development of the project by providing a funding mechanism with which the City may
contract to assist with the financing of the project; and,
WHEREAS it is contemplated that revenues from existing or newly created tax r
increment reinvestment zones, public improvement districts, and other economic s
development streams of revenue of the City may be utilized to assist with the
development of the project; and,
WHEREAS the proposed legislation to be filed in the Legislature of the State of
Texas to create the COTTON BELT COMMUTER RAIL IMPROVEMENT DISTRICT is
consistent with Chapter 375 of the Texas Local Government Code;
NOW THEREFORE: BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF NORTH RICHLAND HILLS, TEXAS: E
Section 1: Based on the assumptions and conditions above, the City Council hereby
declares its support of the creation of the COTTON BELT COMMUTER
RAIL IMPROVEMENT DISTRICT (the "District ") by the Legislature of the
State of Texas, a draft copy of which is attached to this resolution.
Section 2: Notwithstanding any other provision of this Resolution, the City of North
Richland Hills reserves the right to review and evaluate the merits of any
public - private partnership agreement or any state enabling legislation that
NCTCOG may propose pursuant to this Resolution and, accordingly k
Resolution No. 2013 -001
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reserves the right to grant or withhold support for any such agreement or
legislation.
Section 3: This resolution shall be transmitted to NCTCOG and all affected
jurisdictions along the corridor. f
Section 4: The City Manager or an Assistant City Manager is authorized to execute
agreements with NCTCOG to effectuate this Resolution in the name of the
City of North Richland Hills.
Section 5: This Resolution shall be effective immediately after passage.
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PASSED AND APPROVED this the 4th day of March, 2013.
CITY O RTH IC AND LS
Oscar Tr ino, r
atricia Hutson, City Secretary
AP V AS T FORM AND LEGALITY:
George A. Staples, City Attorney
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Resolution No. 2013 -001
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