ORD 1991-18 - Designate Property As Reinvestment Zone #1 08-20-1991ORDINANCE NO. 91 -18
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY
OF HUNTSVILLE, TEXAS, DESIGNATING CERTAIN
PROPERTY AS REINVESTMENT ZONE NO. 1,
HUNTSVILLE, TEXAS.
WHEREAS the City of Huntsville has established guidelines governing tax abatement
agreements which provide for the availability of tax abatement for both new
facilities and structures; and
WHEREAS
WHEREAS
WHEREAS
WHEREAS
WHEREAS
WHEREAS
the proposed area to be designated as a reinvestment zone lies within the
taxing jurisdiction of the City; and
the City Council of the City of Huntsville, Texas has held a public hearing on
the designation of the area as a reinvestment zone; and
the City Council has found that the designation would be a benefit to the
property to be included in the zone; and
the City Council has found that development anticipated to occur within the
proposed zone would contribute to the retention or expansion of primary
employment or would attract major investment in the Zone that would
contribute to the economic development of the City; and
at the public hearing on the designation all interested persons were permitted
to speak and present evidence for or against the designation; and
notice of the hearing was given to all taxing jurisdictions and the public as
required by Chapter 312, Texas Tax Code;
NOW THEREFORE,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF HUNTSVILLE,
TEXAS, THAT:
SECTION 1: The property described in Exhibit "A" and attached hereto is hereby
designated by ordinance of the City Council as a reinvestment zone, to be
known as Reinvestment Zone No. 1 of Huntsville, Texas.
SECTION 2: No property in the reinvestment zone under this order is owned or leased by
a member of the City Council.
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SECTION 3: The designation of the reinvestment zone made herein shall expire five years
after the effective date of this ordinance of this Council unless otherwise
renewed or extended by written order of this Council.
SECTION 4: This ordinance shall take effect immediately from and after its adoption.
ADOPTED AND APPROVED this 2 7 day of ,e,6 , 1991.
THE CITY OF HUNTSVILLE, TEXAS
ATTEST:
SECRETARY
APPROVED:
CITY ATTORNEY
By:
Scott : ounds
By:
W. H. Hodges, Mayor
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