HomeMy WebLinkAboutOrdinance No. 99-1093ORIGINAL
CITY OF THE COLONY, TEXAS
ORDINANCE NO. q% 1083
AN ORDINANCE OF THE CITY OF THE COLONY, TEXAS
AMENDING ORDINANCE NO. 98-1071, PASSED AND APPROVED
BY THE CITY COUNCIL ON OCTOBER 19, 1998 AND WHICH
DESIGNATED AN AREA AS A DEVELOPMENT ZONE LOCATED
WITHIN THE CITY LIMITS OF THE CITY; BY ADDING
GUIDELINES FOR APPROVING PROJECTS FOR COMMERCIAL
DEVELOPMENT; AND DECLARING AN EFFECTIVE DATE
WHEREAS, the City Council did adopt Ordinance No. 98-1071 on October 19, 1998 designating
a development area within the city limits of the city; and
WHEREAS, the City Council finds it necessary to amend such ordinance by adding guidelines for
approving projects for commercial use:
WHEREAS, the rules (the "Rules") of the Texas Department of Economic Development
("Department") set forth special procedures for approval of commercial projects in development area; and
WHEREAS, this City Council desires to authorize the financing of certain projects for commercial
uses as provided in the Development Corporation Act 1979 ("the Act") and the Rules by establishing area
that qualify as development area; and
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF THE
COLONY, TEXAS:
Section 1. That Ordinance 98-1071 shall be amended by adding the following:
A. In reliance upon the Act and Rules of the Department, the area described in Exhibit A
(and shown on the map attached as Exhibit B), is the development area (hereinafter, the "Development
Area") by reason that these area should be developed in order to meet the development objectives of the
city; and
B. The availability of financing of projects for commercial uses under the Act will contribute
significantly to said development of the Development Area.
follows:
C. The overall objectives of the City for development of the Development Area are as
1. To promote the present and prospective health, safety, rights to gainful employment,
and general welfare of the people of the City and the State.
2. 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.
3. To encourage the economic growth and stability of the City by increasing and
stabilizing the property tax base, and promoting commerce within the City and the
State.
D. This City Council hereby finds, determines, declares and represents to the Department that
the City's best estimates at the time of the adoption of this ordinance do not indicate that any public
improvements need to be made in the Development Area.
E. This City Council, in order to enhance its development efforts, desires and authorizes all
commercial projects in the Development Area that constitute, or that are functionally related and
subordinate to, hotels, motels, retail sales and service establishments, office buildings, and other
"commercial" activities.
F. This City Council will not approve any projects for commercial uses in the Development
Area unless the applicant desiring approval of such project demonstrates to the satisfaction of this City
Council that:
1. The project conforms with the authorization and limitations provided in Section 1.0 of
this ordinance.
2. The project will significantly contribute to the fulfillment of the overall development
objectives of the City in the Development Area:
3. The project conforms to the project approval standards of the Rules and this
ordinance by increasing or stabilizing employment opportunities,
significantly increasing or stabilizing the property tax base, and promoting
commerce within the City and the State; and
4. The project is in furtherance of the public purposes of the Act.
G. This City Council hereby covenants and represents that it will review all descriptions of
projects to be located within the Development Area to be determined whether such projects are consistent
with the City's objectives for development of the Development Area.
Section 2. This ordinance is adopted for the purpose of satisfying the conditions and
requirements of the Act and the Rules, for the benefit of the Corporation, the City, the City Council, and
the residents of the City, and all other interested persons.
Section 3. This ordina shall be effective from and after its passage.
PASSED AND APPROVED this — day of , 1999.
Mary Blair Watts, Mayor
City of The Colony
ATTEST:
Patti A. Hicks, TRMC, City Secretary
The City of The Colony
Attachments:
Exhibit A
Exhibit B
Mayor Watts has chosen not to sign Ordinance No. 99-1093, however, in
accordance with Section 3.10 of the Charter, the ordinance is in effect as
of 2/11/99.
The Colony Development Area
The Colony Development Area will include that area located within the city
limits of The Colony, Texas, within one thousand feet (1,000') either side of
the center line of the following streets:
♦ State Highway 121
♦ Farm to Market Road 423 (Main Street)
♦ Plano Parkway
♦ Paige Road
♦ North Colony Boulevard
♦ South Colony Boulevard
♦ Memorial Drive
♦ Windhaven Parkway
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