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ORD 432-A 7/28/1992ORDINANCE # 4 3 2 - A BY THE CITY COUNCIL OF THE CITY OF CIBOLO, TEXAS. ADOPTING GUIDELINES AND CRITERIA FOR TAX ABATEMENT AND REINVESTMENT ZONES WHEREAS, the Texas Property Tax Code, Section 312, effective September 1, 1989, allows governing units and school districts to create reinvestment zones and provide ad valorem tax abatements in the interest of economic development; and WHEREAS, the creation and retention of job opportunities within the City of Cibolo (the City) is of high priority; and WHEREAS, new jobs and investment will benefit the city by bolstering the economy with the city, providing employment opportunities, strengthening the real estate market within the city, and generating tax revenue to support city services; and WHEREAS, Chapter 312 requires the City to establish guidelines and criteria governing tax abatement agreements by the City before designating a reinvestment zone or entering into any tax abatement agreement; and WHEREAS, such guildines and criteria are effective for a two year period unless amended or repealed by a three - fourth vote of the members of the City Council; NOW, THEREFORE, Be it ordained by the City Council of the City of Cibolo, Texas, that the City elects to participate in tax phase-in agreements pursuant to Chapter 312 and does hereby adopt these Guidelines and Criteria for tax abatement agreements in designated re- investment zones. SECTION 1 INDEX SECTION 1 - INDEX SECTION 2 - DEFINITIONS SECTION 3 - CRITERIA FOR REINVESTMENT ZONES SECTION 4 - GENERAL ABATEMENT CRITERIA SECTION 5 - STANDARD ABATEMENT SECTION 6 - OPTIONAL ABATEMENT ADDITIVES SECTION 7 - VARIANCES SECTION 8 - APPLICATION PROCEDURES SECTION 9 - PUBLIC HEARINGS SECTION 10 - TAX ABATEMENT AGREEMENT SECTION 11 - DEFAULT AND RECAPTURE SECTION 12 - GENERAL ADMINISTRATION SECTION 13 - ASSIGNMENT SECTION 14 - SUNSET PROVISION SECTION 15 - SEVERABILITY SECTION 2 - DEFINITIONS A. "Abatement" means the full or partial exemption from ad valorem taxes of certain real property in a reinvestment zone designated for economic development purposes. B. "Reinvestment Zone" is an area where the City has decided to influence development patterns and attract major investments that will contribute to the development of the City through the use of tax abatement. C. "Modernization" means the replacement and upgrading of existing facilities which increases the productive input or output, updates the technology or substantially lowers the cost of operation. Modernization may result from the construction, alteration, or installation of buildings, structures, fixed machinery or equipment. It shall not be for the purpose of reconditioning, refurbishing, or repairing. D. "Base Year Value" means the assessed value of eligible property January 1 preceding the execution of the agreement plus the agreed upon value of eligible property improvements made after January 1. E. "Other city Revenue" means City revenue from any other source excepting ad valorem taxes. F. "New Facility" means a property previously undeveloped which is placed into service •by means other than or in conjunction with expansion or modernization. SECTION 3 - CRITERIA FOR REINVESTMENT ZONES - To be designated as a reinvestment zones, an area must meet one of the criteria of Subchapter B of the Texas Property Tax Code. The fundamental criteria where creation of such a zone would be reasonably likely to contribute to the: retention or expansion of primary employment, attract investment into the zone, generally be of benefit to the property, and contribute to the economic development of the City of Cibolo. SECTION 4 - GENERAL ABATEMENT CRITERIA A. Creation of New Value. Abatement may be granted for the additional value of eligible real property improvements subject to such limitations as the City of Cibolo may impose, and; 1. Must be reasonably expected to increase the appraised value of the improved property; 2. Must be expected to increase employment based on the number of permanent jobs created and sustained in each year of the abatement; 3. Should not have the effect of merely transferring existing employment from one part .of the city to another without demonstration of increased future investment (dollars or jobs) or unusual circumstances whereby without such a move, employment is likely to be reduced. B. The City shall not enter into an abatement agreement if: 1. It finds that the Application of Tax Abatement was filed after the commencement of construction expansion or modernization or: 2. It finds that the City was not officially notified that construction, expansion, or modernization would commence on a given date. C. By policy, no standard abatement will be approved that exceeds 90% of new value or that will reduce current ad valorem revenues. If the computed percentage from a standard abatement in Table 1, and any additive percentage as defined below, exceeds 90%, an extension of the abatement term beyond six years may be considered, up to a maximum of ten years. SECTION 5 - STANDARD ABATEMENT A. The standard tax abatement is for a period of six years and is based solely on capital improvements to real property. Table 1 below establishes the level of capital improvements and the percentages to be allowed. TABLE 1 STANDARD SIX-YEAR ABATEMENT Percent Abatement Capital Cost of the Projected Improvements 0% 0 - Less than double the assessed value 5% Double the assessed value 10% $50,001 to $100,000 1% For each additional $40,000 increment of Capital Improvements Thereafter B. No abatements under this table will exceed 90%. To accommodate larger investment or optional additives outlines below, abatement terms may be extended an additional one to four years, but no longer than a total of ten years. SECTION 6 - OPTIONAL ABATEMENT ADDITIVES A. Optional Criteria. The following optional abatements may also be considered with each abatement request. These optional abatements are to be considered separate and apart from the standard abatement above, and may be added by taxing entities at their discretion. B. In all cases, the period of the abatement of each of the following optional additives will run concurrently with the approved rate from the standard criteria in Table 1. C. Jobs. Job creation has always been an underlying goal of economic development activity. The impact of jobs however, varies from community to community. The City of Cibolo also considers jobs to be an important part of this program and will consider lower dollar value assessments in recognition of new employment growth. For each $25,000.00 of additional payroll in facilities based in Cibolo, 1% will be added to the standard abatement as derived from Table 1. A maximum of 25% may be based on this criteria. D. Other Revenues. Other revenues, as defined above, that inure to a taxing entity should also be considered during the incentive process. These include; Sales taxes, hotel/motel taxes, and any other source of revenue apart from ad valorem. Those businesses that make a substantial contribution to the "other revenue" stream may also request additive abatement percentages based on those revenues. For each $1,000 of added "other revenues", an additional 2% will be added to the percentage established by the standard abatement in Table 1, up to a maximum of 20%. E. Business Retention. Current Business Retention and Growth is a key to the continued stability of the commercial tax base. Some provision to acknowledge the contribution of existing businesses should also be considered. An additional 5% will be applied to the percentage established by the standard abatement in Table 1, will be included for those businesses currently based in the City of Cibolo. SECTION 7 - VARIANCES A. As with the creation of any definitive document, all possible circumstances are not likely to be addressed. The General Criteria established throughout this document establishes minimum criteria. If the requested abatement deviates in any substantive way from the criteria established herein, a variance is required. B. A variance is requested by adding a letter to the basic application, justifying the adjustments requested. Approval of a variance request requires a three-fourths vote of City Council. In no cases shall variances be approved that exceed an abatement of 90%, or the term exceed ten years. SECTION 8 - APPLICATION PROCEDURES A. Applicability and Eligibility. These abatement guidelines and criteria apply to any present or potential owner of taxable residential or commercial property in the City of Cibolo. In the case of residential applications, an abatement will only be considered if the owner or potential owner will reside on the property, or the property is currently the primary residence. B. These guidelines and criteria do not apply to residential contractors. C. The application shall consist of a form (provided by the city) requesting a tax abatement accompanied by: 1. a general description of the new improvements to be undertaken; 2. a descriptive list of the improvement for which an abatement is requested; 3. a map or plat with a property description; 4. a copy of the most recent appraisal or the prior year tax receipt which includes the tax number of the property. (A copy of the prior year tax assessment is available from the city tax assessor.) 5. if a variance is requested, a letter providing full justification of the variance will also be attached. D. Upon receipt of a completed application, the City shall notify in writing the presiding officer of the governing body of each taxing jurisdiction. E. The application will be forwarded to appropriate City departments (Planning and Zoning, Building Inspections, Fire, Public Works, Police, and the Volunteer Fire Department) for review and comments. F. After review, the City Staff will review the application for policy implications, and make a recommendation to the City Council' to approve or disapprove. G. One major policy function during this review is the creation of new reinvestment zones and the size of such a zone as a result of the application, unless the property is already in a reinvestment zone. H. The City Administrator will forward the application to City Council with comments and/or recommendations. I. City Council will consider the application and all comments and recommendations. If the application has merit, the City Council will approve the application for abatement by ordinance and authorize the Mayor to enter into an abatement agreement within the guidelines established within the ordinance. If a variance was requested, council must pass the ordinance by a three-fourths vote. J. In order to enter into a tax abatement agreement, the City of Cibolo must find that the terms of the proposed agreement meet these Guidelines and Criteria and that: 1. there will be no substantial long-term adverse affect on the provision of the City's service or tax base; and the planned use of the property will be constitute a hazard to public safety, health or morals. K. If City Council does not believe the application has merit, a motion to disapprove the application shall be considered and acted upon. (As a matter of policy, the City Council explicitly states that tax abatement is not applicable to.projects wherein the primary purpose of the business is serving alcoholic beverages or where nudity is .involved.) fyK"W• :M1ZIEY A. By State law, the governing body of a city may not adopt an ordinance designating a reinvestment zone until it has held a public hearing at which interested persons are entitled to speak and present evidence for or against the designation. Notice of such hearing shall be published in a local newspaper having general circulation within the City of Cibolo, at least seven days prior to the public hearing. The presiding officers of other taxing jurisdictions shall be notified in writing at least seven days prior to the public hearing. B. After the public hearing, City Council may pass an Ordinance approving the Re -Investment Zone, or, pass a motion to disapprove. A. After approval of an ordinance by City Council, the Mayor may enter into an agreement with the applicant which shall include: 1. Estimated value to be abated and the base year value; 2. the commencement date and the termination date of abatement; 3. the proposed use of the facility, time schedule, map, property description; 4. contractual obligations in the event of default, violation of terms or conditions, delinquent taxes, recapture, administration and assignment, or other provisions that may be required for uniformity or state law; 5. amount of investment and average number of jobs involved; 6. percent to be abated as provided by paragraphs five and six. 7. City Council may approve the Tax Abatement and the abatement agreement in a single ordinance if all other statutory and evaluation requirements have been met. (Such agreement shall normally be executed within 60 days after the applicant has forwarded all necessary information and documentation to the City of Cibolo.) SECTION 11 - DEFAULT AND RECAPTURE A. In the event that the facility is completed and begins producing product or service, but subsequently discontinues producing product or service for any reason excepting fire, explosion or other casualty or accident or natural disaster for a period of one year during the abatement period, then the agreement shall terminate and so shall the abatement of taxes for the calendar year during which the facility no longer produces. B. Should the City of Cibolo determine that the company or individuals are in default according to the terms and conditions of it's agreement, the City of Cibolo may terminate the agreement. Taxes will be due in full. for the year in which the agreement is terminated. C. In the event that the company or individuals: 1. allows it's ad valorem taxes owed the City of Cibolo to become delinquent and fails to timely and properly follow the legal procedures for their protest and/or contest; or, 2. violates any of the terms and conditions of the abatement; or 3. is in default with any other City sponsored program, the agreement then may be terminated. Taxes will be due in full for the year in which the agreement was terminated. D. In the event that the company, during the abatement period, decides to relocate the company to a location outside of the designated reinvestment zone, or the City of Cibolo, and remains in business, the City of Cibolo by an Ordinance adopted by City Council shall have the right to recapture taxes abated in all previous years. SECTION 12 - GENERAL ADMINISTRATION A. The Chief Appraiser of the Guadalupe Appraisal District shall annually determine an assessment of the real and personal property comprising the reinvestment zone. Each year, the company or individual receiving abatement shall furnish the Chief Appraiser with such information as may be necessary. Once value has been established, the Chief Appraiser shall notify the affected jurisdiction in the normal fashion. B. The agreement shall stipulate the employees and/or designated representatives of the City of Cibolo will have access to the reinvestment zone during the term of the abatement to inspect the facility to determine if the terms and conditions of the agreement are being met. All inspections will be made only after giving of twenty-four (24) hours prior notice and will only be conducted in such manner as to not unreasonably interfere with the construction and/or operation of the facility. C. Each year the City Tax Assessor will review all approved abatements and determine the adjustment to ad valorem taxes based on the abatement agreement. SECTION 13 - ASSIGNMENT Tax abatement agreements may be assignable to a new owner only with City Council approval. SECTION 14 - SUNSET PROVISION These Guildines and Criteria are effective upon the date of their adoption and will remain in force for two years, at which time all reinvestment zones and tax abatement contracts pursuant to it's provisions will be reviewed by the City of Cibolo to determine whether the goals of Guidelines and Criteria have been achieved and Guidelines and Criteria have been followed. Based on that review, the Guidelines will be modified, renewed or eliminated as necessary. During the two year period, the Guidelines and Criteria may be amended or repealed only by a vote of three-fourths of the City Council. SECTION 15 - SEVERABILITY If any section, paragraph, subdivision, clause, or phrase of this ordinance shall be adjudged invalid or held unconstitutional; the same shall not affect the validity of this ordinance as a whole or any part of any provision thereof other than the part so decided to be .invalid or unconstitutional. 7 Passed and Adopted the Day of 1992. r,'Mayor- City ayorCity of Cibolo, Texas ATTEST: ,4� Ann Smith, City Secretary MINUTES OF CIBOLO CITY COUNCIL MEETING R TUESDAY, AUGUST 11, 1992 THE CIBOLO CITY COUNCIL CONVENED IN A REGULARLY SCHEDULED COUNCIL MEETING ON TUESDAY, JULY 28, 1992 AT THE CIBOLO MUNICIPAL BUILDING, 109 SOUTH MAIN STREET, CIBOLO, TEXAS. THE "tel FOLLOWING WAS THE ORDER OF BUSINESS: 1. CALL TO ORDER. Mayor Sam Bauder called the meeting to order at 7:00 P.M. 2. ROLL CALL. Members present: Jeff Miller, Claude Smith, Mark Buell, Tex Farnsworth and Mayor Bauder. Mr. Delgado came in a few minutes after roll call. Staff present: David Walker 8 Ann Smith. 3. INVOCATION. Tex Farnsworth gave the invocation. 4. PLEDGE OF ALLEGIANCE. Mayor Bauder lead those present in the pledge. S. CITIZENS TO HE HEARD. (Limit 3 Minutes Each) Mr. Jim Johnson, 2007 Town Creek Road, came to address the Council on the location of city boundaries of his property and to clarify maintenance responsibility of easements and drainage ditches. Mr. Johnson has property bordered by County and City boundaries. 6. CONSENSUS ITEMS: A. MINUTES OF REGULAR MEETING, JULY 28, 1992. B. CHECK REGISTER THRU JULY, 1992. Tex Farnsworth (Mark Buell seconded) motioned to approve the consensus items with one addition to the minutes of July 28th. In item @ 12 - Commments by Council, Tex Farnsworth commented that we should add his comments in reference to the proposed Loop 539 and the highway department. Mr. Farnsworth stated that he did not want to see any monies spent to relocate utilities until we had a guarantee from the state that the project was starting and the date. Minutes were amended to reflect these comments. All approved. Motion carried. 7. _ DISCUSSION/ACTION ON THE 1993 GUADALUPE COUNTY APPRAISAL DISTRICT PROPOSED BUDGET b BRIEFING FROM PAT FOX, CHIEF APPRAISER. Mrs. Fox presented a balanced budget of $609,265 for 1993. Mrs. Fox discussed items of increases/decreases with the council. Most significant was the decrease in capital improvements, decrease in appraisal review board expenses and a salary contingency. Mrs. Fox stated that the appraisal district would not be in the collection business after September, 1992. The Seguin ISD taxes will now be collected by the County. Mrs. Fox stated that 1993 was a re -appraisal year for the county. Page -2- 8. PRESENTATION ON PROGRESS OF THE PROPOSED REVISIONS OF THE ZONING ORDINANCE AND DISCUSSION ON A MAPPING SYSTEM - GERALD GARRISON, CHAIRMAN OF THE CIBOLO PLANNING & ZONING COMMISSION. Gerald Garrison addressed the Council on the progress of the P&Z r!� in the revision of our Zoning Ordinance. The P&Z has working � for six months reviewing and revising the ordinance and Changing some of the zoning classifications. The commission has the revisions complete with the exception of a zoning map. Mr. Garrison came before the Council requesting funding of a CAD mapping system for the city, first starting with a base and zoning map and future increasing to utilities and etc. Mr. Garrison had visited some of the area cities zoning commissions as well as visiting with Ford Engineering on the type of mapping system for Cibolo. David Walker had received a quote from City Engineer, W.H. Mullins, for a base map and zoning on a CAD system and stated that the cost would be $1000-$1200. The consensus of the Council was to verify this with Mullins and authorize him to complete this phase. Mullins had quoted 30-45 days for delivery. 9. APPROVE/DISAPPROVAL OF THE 1993 PROPOSED BEXAR METRO 9-1-1 OPERATING BUDGET. Jeff Miller (Tex Farnsworth seconded) motioned to approve the proposed budget. All approved. Motion carried. Councilmember Farnsworth noted his compliments to Bexar Metro 9-1-1- and Jerry Marshall for their "fine job". -:, 10. APPROVE/DISAPPROVE PROPOSED ORDINANCE ESTABLISHING GUIDELINES FOR TAX ABATEMENTS AND REINVESTMENT ZONES. After the review of the proposed ordinance at the July 28th meeting, discussion centered around the necessity of abatement guidelines. Mayor Bauder called for a motion. Jeff Miller (Mark Buell seconded) motioned to approve the ordinance. Voting "aye": Jeff Miller, Mark Buell and Tino Delgado. Opposed: Claude Smith and Tex Farnsworth. Vote carried 3-2. 11. COMMENTS BY COUNCIL MEMBERS. Tex Farnsworth briefed the Council on the Randolph Chamber Luncheon, Randolph EMS Regional Meetings. Mr. Farnsworth discussed the recent airplane crash of the Stearman Bi -plane, police doing a good job monitoring the new stop sign at FM 1103 & Main, ask about repair of a pothole by the post office street and FM 1103 and about the repair estimates for Indian Circle and Tomahawk. 12. COMMENTS BY STAFF.. None _ 13. COMMENTS BY MAYOR. 1 None 14. ADJOURNMENT. Tex Farnsworth motioned to adjourn at 9:15 P.M. PASSED AND ADOPTED THE 25TH DAY OF AUGUST, 1992. Sam Bauder, Mayor ATTEST: Ann Smith, City Secretary