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RESO 1983-10 - Designating Blighted AreasRESOLUTION NO. 83-10 A RESOLUTION BY THE GOVERNING BODY OF THE CITY OF HUNTSVILLE, TEXAS, DESIGNATING THE ENTIRE AREA OF THE CITY AS AN ELIGIBLE BLIGHTED OR ECONOMICALLY DEPRFSSED AREA UNDER THE DEVELOPMENT CORPORATION Acr OF 1979, AS AMENDED, AND THE RULES AND REGULATIONS ADOPTED BY THE TEXAS INDUSTRIAL COMMISSION, MAKING FINDINGS IN CONNECTICN THEREWITH; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the Commissioners' Court of Walker County, Texas, acting for and on behalf of Walker County, Texas, (the "Unit") has heretofore approved the creation of a public non-profit corporation under the provisions of the Development Corporation Act of 1979, as amended, (the "Act") under the name of Walker County Industrial Development Corporation (the "Corporation") which has filed its Articles of Incorporation with the Secretary of State of the State of Texas, and has fully organized; and WHEREAS, the Corporation is authorized by the Act to issue bonds on behalf of the Unit for the purpose of paying all or a part of the costs of a "project" as defined in the Act, and to lease or sell the project or to loan the proceeds of the bonds to finance all or part of the costs of a project; and WHEREAS, the definition of "project" in the Act includes the land, buildings, equipment, facilities and improvements (one or more) found by the Board of Directors of the Corporation to be required or suitable for the promotion of commercial development and expansion and in furtherance of the public purposes of the Act, or for use by commercial enterprises, all as defined in the rules of the Texas Industrial Commission (the "Commission"), irrespective of whether in existence or required to be acquired or constructed thereafter, if such project is located in blighted or economically depressed areas; and WHEREAS, as used in the Act, the term "blighted or economically depressed areas" means those areas and areas immediately adjacent thereto within a city which by reason of the presence of a substantial number of substandard, slum, deteriorated, or deteriorating structures, or which suffer from a high relative rate of unemployment, or which have been desig- nated and included in a tax incremental district created under Chapter 695, Acts of the 66th Legislature, Regular Session, 1979 (Article 1066d, Vernon's Texas Civil Statutes), or any combination of the foregoing, the City finds and determines, after a hearing, substantially impair or arrest the sound growth of the city, or constitute an economic or social liability and/or a menace of the public health, safety or welfare in their present condition and use; and WHEREAS, the Rules for Issuing Industrial Revenue Bonds dated November 1981 (4th Printing) (the "Rules") of the Commission set forth special rules for approval of commercial projects in blighted or economically depressed areas; and WHEREAS, this governing body, acting for and on behalf of the City of Huntsville, Texas (the "City"), desires to authorize the financing of certain projects for commercial uses as provided in the Act and the Rules by establishing one or more eligible blighted or economically depressed areas, and WHEREAS, notice of public hearing was mailed, first class mail, to the Commission on July 13, 1983, and notice of such public hearing was published once a week for two consecutive weeks, on July 15, 1983 and July 22, 1983, in a newspaper of general circulation in the City and notice of the public hearing was posted at the City Hall on July 13, 1983; and WHEREAS, the notice provided to the Commission and, as published and posted, included both a description of the area or areas proposed by the City to be designated as eligible blighted or economically depressed areas and the date, time, and location of the public hearing concerning such designation; and WHEREAS, a public hearing was held at the date, time and location specified in such notice, pursuant to the Act and Rule .002(b) (9) of the Commission for the purposes of establishing one or more eligible blighted or economically depressed areas; and WHEREAS, this governing body has concluded it is to the best interest of the City and its inhabitants to request the Commission to approve projects for commercial uses and therefore desires to adopt this resolution in compliance with the requirements of the Act and the Rules: NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF HUNTSVILLR, TEXAS, THAT: Section 1: The public hearing on the question of whether the entire area of the City should be declared to be an eligible blighted or economically depressed area is hereby closed; that persons who appeared at such hearing to offer testimony or evidence with respect to such question were given an opportunity to be heard and were heard; that based upon the evidence before this governing body, both in the form of testimony and documentary, it is now found and determined that the entire area within the City of Huntsville (and shown on the map attached as Exhibit A) is an eligible blighted or economically depressed area ("EBA") by reason of the presence of a substantial number of substandard, slum, deteriorated, or deteriorating structures or which suffer from a high relative rate of unemployment, or which have been designated and included in a tax incremental district created under Chapter 695, Acts of the 66th Legislature, Regular Session, 1979 (Article 1066d, Vernon's Texas Civil Statutes) or any combination of the foregoing substantially impair or arrest the sound growth of the City, or constitute an economic or social liability and/or a menace to the public health, safety, or welfare in their present condition and use. 2 • • Section 2: The overall objectives of the City for redevelopment and recovery of the EBA are as follows: A. To promote the present and prospective health, safety, rights to gainful employment and general welfare of the people of the City and the State of Texas (the "State "). B. To promote the continued existence, development and expansion of commerce and industry essential to the economic growth of the City and the full employment, welfare and prosperity of its citizens. C. To encourage the economic growth and stability of the City by increasing and stabilizing employment opportunities, significant- ly increasing and stabilizing the property tax base and promoting commerce within the City and the State. D. To encourage employment of the inhabitants of the EBA by encouraging employers to locate projects which will employ such persons in or adjacent to the EBA. Section 3: This governing body hereby finds, determines, declares and represents to the Commission that the availability of financing of projects to be located within or adjacent to the EBA for commercial uses under the Act will contribute significantly to the alleviation of the blighted or economically depressed conditions found to exist in the EBA. Section 4: This governing body, in order to enhance its development efforts, desires and authorizes all commercial projects that are an integral part of the local economy, including, but not limited to, commercial projects that contribute or stabilize employment opportunities; increase or stabilize the property tax base; or promote commerce within the City and the State. Section 5: This governing body will not approve any projects for commercial uses in the EBA unless the applicant desiring approval of such project demonstrates to the satisfaction of this governing body that: A. The project conforms with the limitations, if any, provided in Section 4 of this Resolution; B. The project will significantly contribute to the fulfillment of the overall redevelopment objectives of the City for the EBA; C. The project conforms to the project approval standards of the Rules and this Resolution by increasing or stabilizing employment opportunities, significantly increasing or stabilizing the property tax base and promoting commerce within the City and the State; and D. The project is in furtherance of the public purposes of the Act. 3 Section 6: This governing body hereby covenants and represents that it will review all project descriptions for approval of the specific projects for commercial uses in order to determine whether such projects are consistent with the City's objectives for redevelopment of the EBA. Section 7: The City Secretary is hereby directed to provide a certified copy of this Resolution, including all exhibits, to the Executive Director of the Commission as required by the Rules. Unless the City shall be notified by the Commission to the contrary in writing within 30 days from the date of receipt of such certified copy of this Resolution, the EBA shall be deemed accepted by the Commission and the City and the Corporation may hereafter approve projects (including those projects for which written commitments and agreements have been made pursuant to Resolution of the Board of Directors of the Corporation prior to the date of this Resolution) for commercial uses in the EBA in compliance with the Act, the Rules and this Resolution. Section 8: This Resolution is adopted for the purposes of satisfying the conditions and requirements of the Act and the Rules, and for the benefit of the Corporation, the Unit, the City, the Commission, the residents of the City and all other interested persons. Section 9: The governing body has considered evidence of the posting of notice of this meeting and officially finds, determines, recites and declares that a sufficient written notice of the date, hour, and place of this meeting and of the subject of this Resolution was posted on the bulletin board at a place convenient to the public in the City Hall of the City of Huntsville for at least 72 hours preceding the scheduled time of such meeting; such place of posting was readily accessible to the general public at all times from such time of posting until the scheduled time of such meeting; and such meeting was opened to the public as required by law at all times during which this Resolution and the subject matter thereof were discussed, considered, and formally acted upon, all as required by the Open Meetings Law, Article 6252-17, Vernon's Annotated Texas Civil Statutes, as amended. PASSED AND APPROVED this 2nd day of AYES: NOES: ABSTAINED: 5 haw, City Secretary August 1983. 4 William V. Nash, Mayor City of Huntsville, Texas