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2004-09-27 CITY COUNCIL PUBLIC HEARING MEETING MINUTESMINUTES OF A PUBLIC HEARING OF THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS, HELD ON SEPTEMBER 27, 2004, AT 6:30 P.M., IN THE COUNCIL CHAMBERS, CITY HALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS. The meeting was called to order with the following present: Mayor Tom Reid Mayor Pro -Tem Charles Viktorin Councilmember Richard Tetens Councilmember Woody Owens Councilmember Larry Marcott Councilmember Kevin Cole City Manager Bill Eisen City Attorney Darrin Coker City Secretary Young Lorfing Others in attendance: Deputy City Manager Alan Mueller; Executive Director of Community Services Nick Finan; Executive Director of Economic Development Corporation Fred Welch; Public Affairs Liaison Lynn Munford; Director of Finance Andrea Gardner; Parks & Recreation Director Rhonda Cyrus; Director of Human Resources and Safety Management Mary Hickling; EMS Director Jeff Sundseth; Purchasing Officer Gordon Island; Project Director Joe Wertz; and Senior Planner Theresa Grahmann. PURPOSE OF HEARING — TO CONSIDER THE CREATION OF A REINVESTMENT ZONE AND TAX ABATEMENT FOR THIRD COAST TERMINALS IN ACCORDANCE WITH §312.201 OF THE TAX CODE AND CITY OF PEARLAND'S GUIDELINES FOR GRANTING TAXING ABATEMENTS. Mr. Darrin Coker, City Attorney. STAFF REVIEW OF THE SERVICE PLAN City Manager Bill Eisen stated State Law requires that a Reinvestment Zone is created when granting tax abatement. State Law also requires for a Public Hearing to be held prior to the consideration of an agreement. City Attorney Darrin Coker stated the proposed agreement that would apply to this Reinvestment Zone is a 5 -year tax abatement, with the first and second year being 75% abatement, the third and fourth year 50% abatement, and the fifth year 25% abatement. The Pearland Economic Development Corporation has provided a chart showing the total amount of the abatement over the five-year period, equaling $10,042.17. Page 1 of 3 — 9/27/2004 Executive Director of Economic Development Corporation Fred Welch stated that Third Coast Terminals has shown a great degree of cooperation with Staff. There is a certain amount of investment required to put the office facility in place. This is the first step to allow them to plat. This development would bring two additional businesses to Pearland. CITIZEN COMMENTS None COUNCIL/STAFF DISCUSSION Mayor Reid stated that Third Coast Terminals was this year's recipient of the Industry of the Year from the Pearland Economic Development Corporation and Pearland Area Chamber of Commerce. Councilmember Marcott asked the City Attorney to explain the difference between the Reinvestment Zone and the Tax Increment Reinvestment ZOne. City Attorney Darrin Coker stated that a Reinvestment Zone is a prerequisite to tax abatement. He stated that a Tax Increment Reinvestment Zone is a little different. A Reinvestment Zone is still created, but the purpose of a Tax Increment Reinvestment Zone is to establish the base line of values for that particular zone. All the increase value to the tax base, based on the improvements made in the Reinvestment Zone, go back into the zone. This requires participation by various entities. The Reinvestment Zone is very different from that. This does not require any level of participation from any other taxing entities. The City of Pearland will be one of the participating entities. Other entities are notified of the Reinvestment Zone creation and have the ability to participate if so desired. He stated all taxing entities have been notified of tonight's Public Hearing. ADJOURNMENT Meeting was adjourned at 7:44 p.m. Minutes approved as submitted and/or corrected this the A.D., 2004. 25th day of October Tom Reid Mayor Page 2 of 3 - 9/27/2004 MINUTES OF A PUBLIC HEARING OF THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS, HELD ON SEPTEMBER 20, 2004, AT 6:30 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 Councilmember City Manager City Attorney City Secretary Tom Reid Charles Viktorin Richard Tetens Woody Owens Larry Marcott Kevin Cole Bill Eisen Darrin Coker Young Lorfing Others in attendance: Deputy City Manager Alan Mueller. PURPOSE OF HEARING - TO GATHER PUBLIC COMMENT AND TESTIMONY REGARDING AN AMENDMENT TO THE STRATEGIC PARTNERSHIP AGREEMENT BETWEEN THE CITY AND BRAZORIA COUNTY MUNICIPAL UTILITY DISTRICT NO. 16. STAFF REVIEW OF THE SERVICE PLAN Deputy City Manager Alan Mueller stated this is the second of two Public Hearings in regards to the Strategic Partnership Agreement. The agreement will be amended to provide the developer with access up to 20.4 acre-feet of detention volume, within the City's proposed pond. The Municipal Utility District has conducted two Public Hearings and voted on the agreement. CITIZEN COMMENTS None COUNCIL/STAFF DISCUSSION Deputy City Manager Alan Mueller stated the amendment would be on the September 27, 2004, Regular Council Meeting Agenda. Page 1 of 2 - 9/20/2004 ATTEST: tSec;~ / ng Lo , f-'~M~ Page 3 of 3 - 9/27/2004 ADJOURNMENT Meeting was adjourned at 8:19 p.m. Minutes approved as submitted and/or corrected this the 25th day of October , A.D., 2004. Tom Reid Mayor ATTEST: ecr~fy Page 2 of 2 - 9/20/2004