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Resolutions No. 1,075RESOLUTION NO. 1075 • A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS, REVIEWING THE CURRENT GUIDELINES AND CRITERIA FOR GRANTING TAX ABATEMENT IN A REINVESTMENT ZONE CREATED IN HARRIS COUNTY; RENEWING SUCH GUIDELINES AND CRITERIA; AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. WHEREAS, the creation and retention of job opportunities that bring new wealth is a high civil priority of the City of Baytown; and WHEREAS, new jobs and investment will benefit the area economy, provide needed opportunities, strengthen the real estate market and generate tax revenue to support local services; and WHEREAS, the communities within Harris County must compete with other localities across the nation currently offering tax inducements to attract new plans and modernization projects; and WHEREAS, any tax incentives offered in the City of Baytown and Harris County reduce needed tax revenue unless strictly limited in application to those new and existing industries that bring new wealth to the community; and WHEREAS, any tax incentives should not adversely affect the competitive position of existing companies operating in the City of Baytown and Harris County; and WHEREAS, the abatement of property taxes, when offered to attract primary jobs in industries which bring in money from outside a community instead of merely recirculating dollars within a community, has been shown to be an effective method of enhancing and diversifying an area's economy; and WHEREAS, effective September 1, 1987, Texas law requires any eligible taxing jurisdiction to establish Guidelines and Criteria as to eligibility for tax abatement agreements prior to granting of any future tax abatement, said Guidelines and Criteria to be unchanged for a two year period unless amended by a three - quarters vote; and WHEREAS, to assure a common, coordinated effort to promote our communities' economic development, any such Guidelines and Criteria should be adopted only through the cooperation of affected school districts, cities and Harris County; and WHEREAS, the attached guidelines, adopted by City Council in November of 1987, have been reviewed by City Council, and they have determined that progress towards the goals therein stated has been made as evidenced by the proposed expansion of Chevron Corporation's facility; NOW THEREFORE, �i BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS: Section l: That the City of Baytown has reviewed the current Guidelines and Criteria for granting tax abatement in a reinvestment zone and determined that the goals stated therein are still appropriate, and are being met. Section 2: That the City of Baytown hereby renews the Guideline and Criteria for granting tax abatement in a reinvestment zone which are attached hereto as Exhibit "A." Section 3: This ordinance shall take effect immediately from and after its passage by the City Council of the City of Baytown. INTRODUCED, READ and PASSED by the affirmative vote of the City Council of the City of Baytown, this the 14th day of December, 1989 EMMETT 0. HUTTO, Mayor • ATTEST: EILEEN P. HALL, City Clerk RANDALL B. STRONG, City Attorney C:1:34:24 t C • 1784 EXHIBIT A DEFINITIONS Section 1. (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) "Eligible jurisdiction" means Harris County and any municipality, school district or college district, the majority of which is located in Harris County, that levies ad valorem taxes upon and provides services to property located within the proposed or existing reinvestment zone. (c) "Agreement" means a contractual agreement between a property owner and/or lessee and an eligible jurisdiction for the purposes of tax abatement. (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 but before the execution of the agreement. (e) "Economic Life" means the number of years a property improvement is expected to be in service in a Facility. (f) "Deferred maintenance" means improvements necessary for continued operations which do not improve productivity or alter the process technology. (g) "Expansion" means the addition of buildings, structures, fixed machinery or equipment for purposes of increasing production capacity. (h) "Facility" means property improvements completed or in the process of construction which together comprise an integral whole. (i) "Manufacturing Facility" means buildings and structures, including fixed machinery and "'ecuipment, the primary purpose of which is or will be the manufacture of tangible goods or materials or the processing of such goods or materials by physical or chemical change. (�) "Modernization" means the replacement and upgrading of existing facilities which increases the productive input or output, updates the technology or substantially lowers the unit cost of the 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- - 2 - 1785 r 1 LJ (k) "New 'Facility" means a property previously undeveloped which is placed into service by means other than or in conjunction with expansion or modernization. (1) "Other Basic Industry" means buildings and structures • including fixed machinery and equipment not elsewhere described, used or to be used for the production of products or services which primarily serve a market outside the Houston Consolidated Metropolitan Statistical Area (CMSA) and result in the. creation of new permanent jobs and bring new wealth in. (m) "Regional Distribution Center Facility" means buildings and structures, including fixed machinery and equipment, used or to be used primarily to receive, store, service or distribute goods or materials owned by the facility operator where a majority of the goods or services are distributed to points at least 100 miles from any part of Harris County. (n) "Regional Entertainment Facility" means buildings and structures, including fixed machinery and equipment, used or to be used to provide entertainment through the • admission of the general public where the majority of users reside at least 100 miles from any part of Harris County. (o) "Regional Service Facility" means buildings and structures, including fixed machinery and equipment, used or to be used to service goods where a majority of the goods being serviced originate at least 100 miles from any part of Harris County. (p) "Research Facility" means building and structures, including fixed machinery and-equipment, used or to be used primarily for research or experimentation to improve or develop new tangible goods or materials or to improve or develop the production processes thereto. ABATEMENT AUTHORIZED Section 2 (a) Authorized Facility. A facility may be eligible for abatement if it is a: Manufacturing Facility, Research Facility, Regional Distribution Center Facility, Regional Service Facility, Regional Entertainment Facility or Other Basic Industry. (b) Creation of New Value. Abatement may only be granted for the additional value of eligible property improvements made subsequent to and listed in an abatement agreement between the City of Baytown and the property owner and lessee (if required), subject to such limitations as City Council may require. - 3 - n LJ 1786 (c) New and Existing Facilities_ Abatement may be granted for new facilities and improvements to existing facilities for purposes of modernization or expansion. (d) Eligible Property. Abatement may be extended to the value • of buildings, structures, fixed machinery and equipment, site improvements plus that office space and related fixed improvements necessary to the operation and administration of the facility. (e) Ineligible Property. The following types of property shall be fully taxable and ineligible for abatement: land; inventories; supplies; tools; furnishings, and other forms of- movable personal property; vehicles; vessels; aircraft; housing; hotel accommodations; deferred maintenance investments; property to be rented or leased except as provided in Section 2(f); improvements for the generation or transmission of electrical energy not wholly consumed by a new facility or expansion; any improvements, including those to produce, store or distribute natural gas, fluids or gases, which are not integral to the operation of the facility; property which has an economic life of less than 15 years; property owned or used by the State of Texas or its political subdivisions or by any organization owned, operated or- directed by a political subdivision of the State of Texas_ (f) Owned /Leased Facilities. If a leased facility is granted abatement the agreement shall be executed with the lessor and'the lessee. (g) Value and Term of Abatement. Abatement shall be granted effective with the January 1 valuation date immediately following the date of execution of the agreement. One hundred percent of the value of new eligible properties shall be abated for up to two years during the period of construction and for five years thereafter. If the period of construction exceeds two years the facility shall be considered completed for purposes of abatement and in no case shall the period of abatement inclusive of construction and completion exceed seven years. If a modernization project includes facility replacement, the abated value shall be the value of the new unit(s) less the value of the old unit(s). (h) Economic Qualification. In order to be eligible for designation as a reinvestment zone and receive tax abatement the planned improvement: (1) must be reasonably expected to increase the appraised value of the property in the amount of $5 million after the period of abatement has expired; - 4 - 1789 • (2) must be expected to prevent the loss of employment, retain or create employment for at least 30 people on a permanent basis in the City of Baytown; (3) must not be expected to solely or primarily have the effect of transferring employment from one part of • Harris County to another; and, (4) must be necessary because capacity cannot be provided efficiently utilizing existing improved property when reasonable allowance is made for necessary improvements. (i) Taxability. From the execution of the abatement to the end of_the agreement period taxes shall be payable as follows: (1) The value of ineligible property as provided in Section 2(e) shall be fully taxable; (2) the base year value of existing eligible property as determined each year shall be fully taxable; and, (3) the additional value of new eligible property shall be taxable in the manner described in Section 2(g). APPLICATION Section 3. • (a) Any present or potential owner of taxable property in City of Baytown may request the creation of a reinvestment zone or tax abatement by filing a written request with the City of Baytown. (b) The application shall consist of a completed application form accompanied by: a general description of the new improvements to be undertaken; a descriptive list of the improvements for which an abatement is requested; a list of the kind, number and location of all proposed improvements of the property; a map and property description; a time schedule for undertaking and, completing the proposed improvements. In the case of modernization a statement of the assessed value of the facility, separately stated for real and personal property, shall be given for the tax year immediately proceeding the application. The application form may require such financial and other information, as the City Council deems appropriate for evaluating the financial capacity and other factors of the applicant. (c) Upon receipt of a completed application, the Mayor ` of the City of Baytown shall notify in writing the presiding officer of the governing body of each eligible jurisdiction. (d) After receipt of an application for creation of a reinvestment zone and application for tax abatement, the City-- council, through its designates officer or employe sham. prepare a feasibility study setting out the impact of the proposed reinvestment - 5 - 1788 0 zone - and tax abatement. The feasibility study shall include, but not be limited to, an estimate of the economic effect of the creation of the zone and the abatement of taxes and the benefit to the eligible jurisdiction and the property to be included in the zone. • (e) The City Council shall not establish a reinvestment zone or enter into an abatement agreement if it finds that the request for the abatement was filed after the commencement of construction, alteration, or installation of improvements related to a proposed modernization, expansion or new facility. An applicant is ineligible for abatement if a decision to commence a modernization, expansion or new facility in Harris County has been formally announced on or before the date of adoption of these guidelines. (f) Variance. Requests for variance from the provisions of Subsections (a) , (e) and (g) of Section 2 may be made in written form to a designated member of City Council, provided, however, the total duration of an abatement shall in no instance exceed seven years. Such request shall • include a complete description of the circumstances explaining why the applicant should be granted a variance. (approval of a request for variance requires a three - fourths (3/4) vote of the City Council. PUBLIC HEARING AND APPROVAL Section 4. (a) The city may not adopt an ordinance, or a county a resolution, 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 the hearing shall be clearly posted or identified on City Council's agenda at least 30 days prior to the - hearing. The presiding officers of eligible jurisdictions shall be notified in writing at least 15 days prior to the hearing. (b) Prior to entering into a tai: abatement agreement the City Council may, at its option, hold a public hearing at which interested persons shall be entitled to speak and present written materials for or against the approval of the tax abatement agreement. (c) In order enter into a tax abatement agreement, the City Council must find that the terms of the proposed agreement meet these Guidelines and Criteria and that: (1) there will be no substantial 4dverse affect on the provision of the jurisdiction's" service or tax base; and - 6 - • t /d9 (2) the planned use of the property will not constitute a hazard to public safety, health or morals. (d) Any applicant requesting a variance under Section 3(f) shall be approved by a vote of at least three - fourths (3/4) of the City Council. No application which deviates from the requirements of these Guidelines and Criteria shall be approved unless accompanied by a request for variance as provided under Section 3(f). AGREEMENT Section 5. (a) After approval the City Council shall formally pass a resolution and execute an agreement with the owner of the facility and lessee as required which shall include: (1) estimated value to be abated and the base year value; (2) percent of value to be abated each year as provided in Section 2(g); (3) the commencement date and the termination date of abatement; (4) the proposed use of the facility; nature of construction, time schedule, map, property description and improvement list as provided in Application, Section 3(b); (5) contractual obligations in the event of default, violation of terms or conditions, delinquent taxes, recapture, administration and assignment as provided in Sections 2 (a) , 2 (f ) , 2 (g) , 6, 7 and 8, or other provisions that may be required for uniformity or state law, and; (6) amount of investment and average number of jobs involved. Such agreement shall normally -be executed within 60 days after the applicant has forwarded all necessary information and documentation to the City Council. RECAPTURE Section 6. (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 auring the abatement period, then the agreement shall terminate and so shall the abatement of the taxes for the calendar year during which the facility no longer produces. The taxes otherwise abated for that calendar year shall be paid to the City of Baytown within sixty days from the date of termination. (b) Should the City Council determine that the company or individual is in default according to the terms and - 7 - r 1 LJ 1790 conditions of it's agreement, the City Council shall notify the company or individual in writing at the address stated in the agreement, and if such is not cured within sixty (60) days from the date of such notice ( "Cure Period"), then the agreement may be terminated. (c) In the event that the company or individual (1) allows its ad valorem taxes owed the City of Baytown 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 agreement and fails to cure during the Cure Period, the agreement then may be terminated and all taxes previously abated by virtue of the agreement will be recaptured and paid within sixty (60) days of the termination. ADMINISTRATION Section 7 (a) The Chief Appraiser of the County 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 assessor with such information as may be necessary for the • abatement. Once value has been established, the Chief Appraiser shall notify the affected jurisdictions which levies taxes of the amount of the assessment_ ti (b) The agreement shall stipulate that employees and /or designated representatives of the City of Baytown 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 the 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. All inspections will be made with one or more representatives of the company or individual and in accordance with its safety standards. (c) Upon completion of construction the jurisdiction which created the zone shall annually evaluate each facility receiving abatement to ensure compliance with the agreement and report possible violations to the contract and agreement to the City of Baytown and its attorney. - 8 -- 0 ASSIGNMENT Section 8 1791 Tax abatement agreements may be assigned to a new owner or lessee of the facility with the written consent of the City Council which consent shall not be unreasonably withheld. Any assignment Is shall provide that the assignee shall irrevocably and unconditionally assume all .the duties and obligations of the assignor upon the same terms and conditions as set out in the agreement. Any assignment of a tax abatement agreement shall be to an entity that contemplates the same improvements or repairs to the property, except to the extent such improvements or repairs have been completed. No assignment shall be approved if the assignor or the assignee are indebted to the City of Baytown for ad valorem taxes or other obligations. SUNSET PROVISION Section 9. (a) These Guidelines 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 created pursuant to its provisions will be reviewed by the City Council to determine whether the goals have been achieved. Based on that review, the Guidelines and Criteria will be modified, renewed or eliminated. (b) This policy is mutually exclusive of existing Industrial District Contracts and owners of real property in areas deserving of special attention as agreed by the affected jurisdictions. 12/14/89 I • "Exhibit C" BOUNDARIES OF POLYETHYLENE UNIT. PEU -1796 The following is a description of the tract of land that constitutes the Polyethylene Unit 1796. The accuracy of this description is about ± ten (10) feet. Being a plant area in Gulf Oil Products Company 650.78 acre tract of land, out of the William Bloodgood League, Abstract Number 4, Harris County, Texas said area being more particularly described by metes and bounds as follows: COMMENCING at the point of intersection of the West right -of -way line of T & N. 0. (Dayton -Goose Creek) Railroad with the North right -of -way line of Interstate 10; THENCE North 76 036'29" West across Gulf Oil Products Company property a distance of 4,174.26 feet; THENCE North 09 °29'10" West a distance of 223.11 feet to the POINT OF BEGINNING of said plant area; THENCE South 80 °30'50" West a distance of 290 feet to a point, said point being the Southwest corner of said plant area; THENCE North 09 °29'10" West a distance of 1,200 feet to a point, said point being the Northwest corner of said plant area; • THENCE North 80 0 30 50 West a distance of 470 feet to a point, said point being the Northeast corner of said plant area; THENCE South 9 029'10" East a distance of 1,200 feet to a point, said point being the Southeast corner of said plant area; THENCE South 80 030'50" West a distance of 180 feet to the POINT OF BEGINNING, enclosing a tract of land containing 564,000 square feet (12.95 acres). Alternate description of the plant area above: A rectangular area whose corners are defined by the following coordinates: CORNER LATITUDE LONGITUDE NW 29 049'38 "12 "N 94 055'47 "21 "W NE 29 049'39" N 94 055'42 "7" W SE 29 049'27 "24 "N 94 055'39 "6 "W SW 29 049'26 "36 "N 94 055'45 "14 "W • I• Q 8 �OU Iti O J 0 W a h N J- J N u rAAM N W 6 I1lt RtJ Wr .1 • i V N M J n n 1 1S ! o u C C"7LL ���• G G W ? xu P ? W N P P S o r i I r u u x J ` `�• T Tom I� ;y10 x s s x x x 4W U MO � • • x 'LS • '1S � Z + P u 'I P w t t ] W • W Z J S M 4 7 J LS OI Wr � F X nu h L ci 1p � N H 740 it ; T f F r 1 H Y ; `- O N t� n 7 W W Y C G ��N P ;o d-1 oo j . a) u ia3 i of 0"r. � 1+ K G Ud Jt :I ya H z t�4664 9W4 • '+ �� o c�iwz o ►I �.I a �I A17 1 ®N �gMOA4 E �1-1 � x a war be:owb� 94 H a r4 M a ✓aaHVazz�a O�4%C1O NWOH rf :MW in 40 nN O1 Qi rnnnn nln . a .� rl r f .i .♦ 1494 rf :MW in 40 nN O1 Qi rnnnn nln . a .� rl r f .i .♦ 1494