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2003-09-08 CITY COUNCIL PUBLIC HEARING MEETING MINUTESMINUTES OF A PUBLIC HEARING OF THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS, HELD ON SEPTEMBER 8, 2003, AT 7:00 P.M. IN THE COUNCIL CHAMBERS, CITY HALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS. The meeting was called to order with the following present: Mayor Mayor Pro -Tem Councilmember Councilmember Councilmember City Manager City Attorney City Secretary Tom Reid Richard Tetens Woody Owens Larry Marcott Klaus Seeger Bill Eisen Darrin Coker Young Lorfing Absent: Councilmember Charles Viktorin. Others in attendance: Deputy City Manager Alan Mueller; Executive Director of Community Services Tobin Maples; Executive Director of Economic Development Corporation Fred Welch; City Engineer Doug Kneupper; Public Affairs Liaison Lynn Munford; Director of Finance Mary Ross; Parks & Recreation Director Thomas Grieve; Project Director Joe Wertz; Assistant Police Chief Johnny Spires. PURPOSE OF HEARING — To consider the creation of a reinvestment zone and tax abatement for South Texas Properties to be located on Halik Road in Pearland in accordance with §312.201 of the Tax Code and City of Pearland Resolution No. R2003- 121. Mr. Darrin Coker, City Attorney. STAFF REVIEW OF PROPOSED BUDGET City Manager, Bill Eisen, stated this is part of a process in consideration for tax abatement. He stated this particular project is on Halik Road. It would consist of three additional buildings. This process involves creating a Reinvestment Zone. This Public Hearing is to discuss the Reinvestment Zone. City Attorney, Darrin Coker, stated there were questions earlier regarding the reinvestment zone, and he would like to make some clarification. This is different from a Tax Increment Reinvestment Zone. The Reinvestment Zone is for the purposes of granting a tax abatement. It is different from a Tax Increment Reinvestment Zone, which was used for Shadow Creek Ranch Development. Essentially, this Public Hearing is to determine whether or not the improvements sought for this property, and Page 1 of 3 — 9/8/2003 J tax abatement that is being proposed, is feasible and practical for this property, benefiting the property and ultimately the City. He stated these are the findings that would take place by an adoption of an Ordinance creating a Reinvestment Zone. Executive Director of Economic DevelopmentCorporation, Fred Welch, stated his department has been working with South Texas Properties for the past 2 to 3 months. He gave a brief description of the area of the property. Mr. Welch stated the company is proposing to put three buildings on this property. The first building would be the facility for the South Texas Properties to conduct business in Pearland. The facility would be used for distribution. The improvements to the property would bring the appraisal value up from $67,000 to approximately $3.6 million at the end of construction. Mr. Welch further stated in addition, the facility would bring additional jobs as well. City Attorney, Darrin Coker, stated the Public Hearing and the later agenda item is just for the creation of the zone and not for the actual Tax Abatement Agreement adoption. Executive Director of Economic Development Corporation, Fred Welch, stated prior to coming back in October for voting, Council would receive a copy of the negotiated Tax Abatement Agreement and any other incentives being provided by Pearland Economic Development Corporation. He stated at this point, the incentives are still in the negotiation process. Mayor Reid stated law requires the Public Hearing. Before Council could go into the negotiation process, the Public Hearing had to take place. CITIZEN COMMENTS Christy Owen, South Texas Properties, addressed Council and stated the property is already owned by South Texas Properties. It would consist of three buildings used for office and warehousing. She gave additional information about the company and the Houston location. Ms. Owen stated the Pearland Economic Development Corporation has been working with the Company and has been very helpful in this process. She stated the initial investment would be about $3.5 million and it is a great project to bring to Pearland. COUNCIVSTAFF DISCUSSION Mayor Pro -Tem Tetens asked if the property backs up to the railroad at Settler's Cemetery or if there is another set of tracks in between. Page 2 of 3 — 9/8/2003 Mr. Randall, South Texas Properties, stated it backs up to Settler's Cemetery, but there is another set of tracks in between, and the cemetery is on the West side. Councilmember Marcott asked if it was some distance away from Hwy 35. Mr. Randall, South Texas Properties, stated it is about 600 feet from Hwy. 35. Councilmember Seeger asked if parts of the buildings would be essentially leased out and also bringing in the South Texas Properties Company. He also asked about the. types of company business that would be conducted at the location. Christy Owen, South Texas Properties, stated it would be the home-based office for -- South South Texas Properties. All of the drafters and engineers would be working from this location. ADJOURNMENT Meeting was adjourned at 7:14 p.m. Minutes approved as submitted and/or corrected this the 29th day of September , A.D., 2003. Tom Reid Mayor ATTEST: Page 3 of 3 — 9/8/2003 'THIS PAGE LEFT INTENTIONALLY BLANK