HomeMy WebLinkAboutResolution 1997-044
RESOLUTION NO. 97-44
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NORTH RICHLAND
HILLS, TEXAS AMENDING GUIDELINES & CRITERIA FOR GRANTING TAX
ABATEMENT IN REINVESTMENT ZONES CREATED IN THE CITY OF NORTH
RICHLAND HILLS.
WHEREAS, the North Richland Hills City Council has previously adopted a set
of "Guidelines & Criteria" for granting tax abatement in reinvestment zones created
within the City of North Richland Hills, Texas; and
WHEREAS, the adopted "Guidelines & Criteria" authorize abatements for
approved manufacturing, research, regional distribution, regional service, regional
entertainment/tourism, regional retail, or other basic industry facilities; and
WHEREAS, Columbia Healthcare Corporation is preparing for a $21 million
expansion of North Hills Hospital, and has applied for consideration of tax abatement
on the value of such improvements; and
WHEREAS, North Richland Hills "Guidelines & Criteria" do not provide for
abatement of such a regional health care facility.
NOW THEREFORE BE IT RESOLVED that the North Richland Hills City Council
does hereby amend the "Guidelines & Criteria" for granting tax abatement in
reinvestment zones created within the City of North Richland Hills, Texas, as follows:
Section 1, DEFINITIONS add:
(s) "Regional Health Care Facility" means buildings and structures, including fixed
machinery and equipment, used or to be used to provide health care services,
from which a majority of revenues generated by activity at the facility are derived
from outside North Richland Hills.
Section 2, ABATEMENT AUTHORIZED add under (a) Authorized Facility:
Regional Health Care Facility
PASSED AND APPROVED this 22nd day of September, 1997.
APPROVED:
ATTEST:
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Patricia Hutson, City Secretary
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Áttorney for the City