HomeMy WebLinkAboutResolution 1999-078
RESOLUTION OF INTENT TO CONSIDER TAX ABATEMENT
RESOLUTION NO. 99 . 78
WHEREAS, the economic viability of the City of North Richland Hills depends on the
City's ability to attract new investment through the location of new industry and the
expansion of existing industry, and;
WHEREAS, the creation and retention of job opportunities that result from new
economic development is the highest civic priority, and;
WHEREAS, Chapter 312 of the Texas Tax Code authorizes City Councils to
consider granting a tax abatement to companies that meet a community's Guidelines and
Criteria, and;
WHEREAS, the City of North Richland Hills City Council recognizes that applicant
Blue Line Ice Complex appears to meet the City's criteria.
NOW, THEREFORE BE IT RESOLVED that the City of North Richland Hills City
Council does hereby communicate its intent to consider tax abatement for a portion of the
investment by the Blue Line Ice Complex.
Passed by the City Council this 25th day of October, 1999.
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Charles 'Scoma, ~ayor
City of North Richland Hills, Texas
ATTEST:
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"'-- Patricia Hutson, City Secretary
APPROVED AS TO CONTENT:
APPROVED AS TO FORM AND LEGALITY:
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Marty Wiede'r '---.
Director of Economic Development
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Rex cEntir
Attorney for the City