BM 1993-11-03 EcDevCity of Coppell
Economic and Business Development Board
Wednesday, November 3, 1993
AIENUTES
The Economic and Business Development Board met in a regularly scheduled meeting on
Wednesday, November 3, 1993, at 7:00 p.m. in the Executive Conference Room of Coppell
Town Center. The following Board Members were present:
William Rohloff, Chairman
James Dippold, Vice -Chairman
Jerry Singleton, Secretary
Bronwyn Brock
Edward Spalding
Linda Millegan, Alternate
Ron Pankey, Alternate
Special Board Members:
John Mark Bonnot, Coppell Chamber of Commerce
City Council Liaison: Flo Stahly
CISD Liaison: Roy Brock
EBD Reception Chairman: Don Keach
Guests: Kay Tiller, Media Relations Consultant
Gary Sieb, Director of Planning and Community Services
Tom Morton, Mayor
Kathleen Roach, Executive Secretary to the City Manager and Meeting Recorder
Item 1 Call to Order: Board Secretary Jerry Singleton called the meeting to order at
7:05 p.m. Chairman William Rohloff will be arriving later on.
Item 2 Reykw and A., unr4Il of Minutes: Minutes of the October 6, 1993 Board
meeting were reviewed and approved upon a motion by Ed Spalding and a second
by Ron Pankey.
Item 3 Report on Eccot Devdqpgrs & Brokers Reception: Don Keach gave a report
on the reception held October 14, 1993 at Town Center. 40 - 50 real estate
brokers from around the metroplex attended. Don suggested the Board follow-up
with those who attended to thank them for participating and encourage them to
consider Coppell for potential business opportunities. The list of expenditures
was handed out; however, it was noted that the $250.00 for the jazz band was not
included and Kathleen Roach will revise the list. Don shared some of the names
of individuals who attended and suggested a follow up phone call from a board
member and use these names a springboard for another function in the spring.
Gift certificates from the five participating restaurants were recently purchased
and Kathleen will be sending them out to five individuals whose names were
drawn at random. Jerry Singleton suggested Don divide the names of the
reception attendees among the board this evening and each member could contact
a number of persons by telephone. Don made copies of the list and handed them
out. Members of the Board expressed their thanks to Don for all his efforts in
making the reception a success.
Item 4 Deferred until Chairman Rohloff's arrival. -
Item 5 CgUKU Chamber Bawd: John Mark Bonnot handed out the monthly Chamber
activity report. He also addressed the Board on some current projects he has
undertaken. Samples of an "Economic Development Partnership" mailing label
were passed around for review and approval. A mini, fold -out version of a
Community profile was also passed around for review. Kay Tiller suggested to
John Mark the possibility that TU might be willing to print this information for
us, as they have done so in the past. John Mark presented a draft version of an
aerial brochure map, similar to the one done by the City of Addison. Cost
information on this project is still being compiled. These items are being brought
to this Board for approval as the cost of printing will have to come from the
Board's budget. Flo Stahly suggested that we go ahead with a motion to approve
and put a cap on the amount to be spent at this time. Upon a motion by Bronwyn
Brock, and seconded by Ed Spalding, the Board approved going ahead with the
printing of these items, with a capped expenditure of $3000.00. The amounts
to be printed are as follows: labels - 5000; mini community profile - 2500; aerial
map brochure - 1500. John Mark was asked to bring a status report back to next
month's meeting.
[Note: At this time, Item 4 was brought forward for discussion and approval.]
Item 4 Aminifflent Qf Board m rDevelgMent
Codi ee: Chairman Bill Rohloff brought forward his recommendations for
appointment to the Partnership Committees, as follows:
Strategic Planning - Jim Dippold and Bronwyn Brock
Marketing - Ed Spalding
Product Improvement - Linda Millegan
Business Retention & Expansion - Jerry Singleton and Ron Pankey
Response Team - Bill Rohloff, Linda Millegan, Jerry Singleton
Bill also recommended to John Mark Bonnot that Don Keach could ably serve on
any of these committees.
The Board members listed here were contacted prior to tonight's meeting and all
have willingly agreed to serve as recommended. Bill thanked all members for
their commitment.
[Note: At this time, ;I
9 Media Relations Sub -Committee Re rt: Bronwyn Brock reported that she and
Jim Dippold met to develop a job description for the media relations position.
he handed out a defined job scope. Question was raised whether Kay Tiller is a
media relations person for the EBD Board or for the City overall. She has been
contacted by other boards and organizations for assistance with public relations f
work. Jerry Singleton proposed that perhaps the City is getting to a point were
we need to expand the scope of the media relations position. Kay Tiller said her
fi
work for the EBD Board is her first priority, but she will be happy to cover any
other events that come up in the community. Flo Stahly recommended that a new
contract be drawn up. The subcommittee report, as listed in the hand-out, should
be incorporated into the contract agreement and the new budget amoun should
be retroactive to October 1, 1993. 'Bronwyn Brock will work with Bill Ro o
to draft this contract. Tom Morton suggested that Frank Trando, Interim City
Manager, also be involved in this process.
Item 6 Status Report on Current Development Ergo : Gary Sieb reported
Interceramics has chosen Garland as the site of their new manufacturing facility.
Bank of America is no longer interested in the site on Belt Line, near Tom
Thumb. There is some activity with apartment development in the City, one at
Parkway Blvd. and Coppell Road, and another one next to Kid Country which
will go to P&Z this month. There's a lot of activity going on regarding
expansion of several churches: Riverside Church of Christ, First Baptist, Valley
Ranch Baptist, Las Colinas Fellowship Church, Rejoice Lutheran, and the Church
of the Latter Day Saints. Also, we are still working with a couple single family
developments and there's a rezoning request for a full service car wash next to
the CISD Administration Building.
Item 7 Media, Relations Report and Approval of Billing: Kay Tiller presented her
report for the month of October and her invoice for the month of November.
Upon a motion by Jerry Singleton and a second by Ed Spalding, payment was
approved. Kay asked the Board if they wanted her to continue to supply the day
to day details and expenses. Jerry Singleton responded that it was necessary to
have this information each month.
Item 8 Tax Abatement Sub-Cg=iUm Report: Ed Spalding handed out detailed
information summarizing the tax abatement policies of the surrounding cities.
This information is not intended as a recommendation to Council to make any
changes in the current policy at this time, merely to present a comparison. It
does appear that most cities are putting together some form of tax abatement in
order to remain competitive. After some discussion, a motion was made by Ed
Spalding and seconded by Ron Pankey, to recommend leaving the tax abatement
policy as it is for the time being. Flo Stahly will take this recommendation to the
Council at the next meeting, November 9, 1993.
Item 10 RgMrU from Wisons and Spggial Board Members:
a) Council Liaison Report
Flo Stahly announced the new City Manager is Jim Witt from Dodge City,
Kansas. He will be on board officially December 15, 1993. He has a
strong background in economic development and has a creative approach
to problem solving.
Dr. Greg Gemoules will be breaking ground for his new eyecare facility
located at Denton Tap and Bethel Road on Friday, Nov. 5, 1993 at 12
noon. All are invited.
Flo asked the board if they were ready to make a presentation to the
Council on the structure of the new Economic Development Partnership
with the Chamber. Chairman Rohloff said he didn't feel the Board was
quite ready to do that at this time.
b) Coppell Chamber of Commerce
John Mark reported that the Chamber's membership drive is in full swing.
Also, the Gala Committee is hard at work for the upcoming "Sports
Spectacular" event on February 19, 1994.
c) Coppell Independent School District
Roy Brock reported things are relatively quiet. However, the construction
of the new Town Center Elementary School is about 45 days ahead of
schedule.
Item 11 Discussion and Consideration of Coppell video Pr uction This item was
tabled as Linda Millegan was not able to attend tonight's meeting.
Item 12 General Discussion and Other Business:
Kathleen Roach presented the City of Coppell shirts and cups to be sold by the
City Employees Fund Committee. Orders can be placed beginning next week.
There being no other business to discuss, the meeting was adjourned at 9:50 p.m., upon a
motion by Jerry Singleton and a second by Ran Pankey.
Respectfully Submi,
Gvi
Kathleen Roach
Executive Secretary to the City Manager
NOTICE OF 1VIEEMG
ECONOMIC & BUST SIM DEiTELOPMENT BOARD
Wednesday, November 3, 1993
Meeting Time: 7 p.m. (Open to the Public)
Meeting Place: Executive Conference Room at the
Coppell Town Center, 255 Parkway
Boulevard, Coppell, Texas
Notice is hereby given that the Economic and Business Development Board
will meet in regular session on Wednesday, November 3, 1993, at 7 p.m.,
in the Executive Conference Room at the Coppell Town Center, 255 Parkway
Boulevard, Coppell, Texas. The purpose of the meeting is to consider
the following items:
Item 1: Call to Order
Item 2: Review and Approval of Minutes,.10/06/93.
Item 3: Report on Recent Developers & Brokers Reception
Item 4: Appointment of Board Members to the Chamber Economic
Development Committee
Item 5: Coppell Chamber Report - John Mark Bonnot
Item 6: Status Report on Current Development Prospects - Gary
Sieb
Item 7: Review and Discussion of Media Relations Report and
Approval of Monthly Billing - Kay Tiller
Item 8: Tax Abatement Policy Sub -Committee Report
Item 9: Media Relations Sub -Committee Report
Item 10: Reports from Liaisons and Special Board Members:
a) Council Liaison Report
b) Coppell Chamber of Commerce
c) Coppell Independent School District
Item 11: Discussion and Consideration of Coppell Video Production
Item 12: General Discussion and Other Business
Adjournment
CBRTIFICATB
I certify that the above notice of meeting was posted on the bulletin board at the Town Center of the City of
Coppell, Texas, on Friday, October 29, 1993.
Kathleen Roach, Executive Secretary to the City Manager
Public Notice Statement for ADA Compliance
The City of Coppell acknowledges its responsibility to comply with the Americans with Disabilities Act of
1990. Thus, in order to assist individuals with disabilities who require special services (i.e., sign
interpretative services, alternative audio/visual devices, and amanuenses) for participation in or access to
the City of Coppell sponsored public programs, services and/or meetings, the City requests that individuals
make requests for these services forty-eight (48) hours ahead of the scheduled program, service and/or
meeting. To make arrangements, contact Vivyon V. Bowman, ADA Coordinator, or other designated
official at (214)462-0022 or (TDD 1 -804 -RELAY, TX, 1-800-735-2989).
/kar
ebdage.113
ECONOMIC AND BUSINESS DEVELOPMENT BOARD
NOVEMBER, 1993
ATTACHED IS A SUMMARY OF THE TAX ABATEMENT POLICIES OF THE
CITIES SURROUNDING COPPELL. THE POLICIES OF EACH OF THESE
COMMUNITIES ARE AVAILABLE FROM KATHLEEN ROACH IF MORE
DETAILED INFORMATION IS REQUIRED.
THE ABATEMENT POLICY GENERATED BY SOME CITIES IS VERY VAGUE.
IN SOME CASES, I BELIEVE THIS WAS DONE INTENTIONALLY IN
ORDER TO GIVE THE CITY MORE FLEXIBILITY IN NEGOTIATING
AGREEMENTS.
IN EACH POLICY I REVIEWED THERE WAS SOME NUANCE, IDEA, OR
CONCEPT THAT COULD BE INTEGRATED INTO COPPELL'S TAX
ABATEMENT POLICY. I AM NOT SUGGESTING THAT ANY CHANGE IS
NECESSARY ONLY THAT SOME OF THE RULES CREATED BY OTHER
COMMUNITIES WERE VERY INTERESTING.
TAX ABATEMENT SUMMARY
TAX ABATEMENT POLICES ARE AVAILABLE FOR THE FOLLOWING
CITIES. IF NO POLICY EXISTS IT IS SO NOTED.
CITY
CARROLLTON
DALLAS
FARMERS BRANCH
FLOWER MOUND
GARLAND
GRAPEVINE
IRVING
LEWISVILLE
PLANO
SOUTH LAKE
NO POLICY COPY AVAILABLE
NO POLICY
NO POLICY
NO POLICY
NO
YES
YES
YES
YES
lid -am
YES
TAX ABATEMENT SUMMARY
DALLAS
ABATEMENT: 25% TO 100%
TERM: 5 YEARS TO 10 YEARS
COMMENTS: Different areas of the city are targeted
where greatest economic support is
needed. Areas where the need is the greatest
would qualify for more abatement and longer
terms.
Heavy emphasis is placed on job creation.
They have a very detailed policy and there
appears to be very little flexibility.
FARMERS BRANCH
ABATEMENT: 300
TERM: 5 YEARS
COMMENTS: They use a point system based on: New jobs
created, tax base increase, personal property
valuation, and sales tax generated.
Minimum standards are required. 300% property
valuation increase. 50% increase for
expansion.
Policy is flexible when the project is
desirable to the community.
FORT WORTH
ABATEMENT: 100% (This is assumed as specifics are
not identified in the policy)
TERM: 10 YEARS
COMMENTS: Emphasis is on low maintenance, high
employment projects in enterprise zones.
An "enterprise zone" can be created if the
situation is desirable to Ft Worth.
Development of the inner-city is a priority..
TAX ABATEMENT SUMMARY
GARLAND
ABATEMENT: 50% TO 100%
TERM: 5 YEARS TO 10 YEARS
COMMENTS: A point system is used to determine amount
and term of abatement. Criteria is based on
tax base increase, sales tax revenue, higher
level of development, jobs created, etc.,
etc.
Special consideration is made for smaller
projects. Abatement and terms are negotiated
when desirable companies request abatement to
develop in target enterprise zones.
Business retention is considered in Garland's
policy.
GRAPEVINE
ABATEMENT: 20% TO 25%
TERM: 3 YEARS TO 10 YEARS
COMMENTS: A sliding scale is used in determine the
amount of abatement and the term.
Specific requirements are vague, giving the
impression all points are open for
negotiation.
Minimum increase considered for abatement is
$5,000,000.
TAX ABATEMENT SUMMARY
PLANO
ABATEMENT: 25%
TERM: 1 YEAR TO 10 YEARS
COMMENTS: Plano also uses a sliding scale to determine
abatement. the criteria is job
creation ,payroll, personal property sales
tax, infrastructure, and total operating
budget. Also considered are environmental
issues, effect on the community and master
planning.
Requirements are somewhat general, but the
policy appears to cover most situations.
Ftp e&
ABATEMENT: 20% TO 25%(BASED ON SQ. FOOT OF CONSTRUCTION).
5% TO 10%(BASED ON JOBS CREATED)
2.5% TO 5%(BASED ON NEW PAYROLL $ CREATED)
TERM: 4 YEARS TO 10 YEARS
COMMENTS. Irving has created a very comprehensive
policy.
Virtually everything is spelled out and
quantified. There is little room for
misinterpretation or negotiation. In this
policy they also considered major lessors
for tax abatement.
TAX ABATEMENT SUMMARY
Attached is the printed copy of Garland's tax abatement
policy. I have included a copy for your review. I found it
to be the most comprehensive of all the documents I
reviewed.
The appearance is clean and the content clearly spells out
Garlands policies regarding their support for development in
their community.
Crty of Garland
Guidelines for Tax Abatement
General Purposes and Objectives
The City ofGarland iscommitted to the promotion ofhigh
quality development in all parts of the City and to an
ongoing improvement in the quality of life for its citizens.
As a means to achieve these goals, the Garland City
Council adopted inJanuary 1987, anEconomic Develop-
mentStrategy and Implementation Plan. This document
calls for the use of incentives, including tax abatement, to
promote retention and expansion of existing industry and
to assist in attracting new business.
The Strategy specifically recommends the use of such
tools in special instances. The goals of job creation,
increased property tax valuation, new retail sales tax
revenues, and higher development standards are amoung
the primary factors to be considered in granting tax
abatements. Tax abatement will not ordinarily be consid-
ered for projects which would be developed without such
incentives,, unless it can be demonstrated that higher
development standards or other priority goals will be
achieved through the use of the abatement. Warehouse
and distribution facilities will not be eligible for tax
abatement, unless they are ancillary to manufacturing or
production processes, or can be demonstrated to achieve
other priority goals.
Withinthe context ofthese goals, the City ofGariandwill,
on a case-by-case basis, give consideration to providing
incentives as a stimulus for economic development in
Garland. It is the policy of the City of Garland that such
consideration will be provided in accordance with the
procedures and criteria outlined in this document. Noth-
ing herein shall imply or suggest that the City of
Garland is under obligation to provide any incentive to
any applicant Aga
,pplicants shall be considered on a
case-by-case basis.
According to Texas law (Property Redevelopment and
Tax Abatement Act --Chapter 312 of the Texas Tax
Code), the City of Garland may grant tax abatement on
the increment in value added to a particular property
City of Garland
by a specific development proposal which meets the
Economic Development
economic development goals and objectives ofthe City of
2734 W. Kingsley
Garland. The tax abatement shall apply onlyto the real
pp y
Suite J-4
Garland, TX 75041
214-205-2791
Revised and Readopted. May 1993
City of Garland
Economic Development
2734 W. Kingsley
Suite J-4
Garland, TX 75041
214-205-2791
estate portion of the project or tangible personal
property or both. Inventory and supplies will not be
included. Tag abatements are granted to the owners
ofreal and personal property; for projectswhere real
property is leased, special terms and conditions may
be set in the agreement governing each specific tax
abatement.
Mininurm Standards for Tax Abatement
To be considered eligible for a tax abatement, the
proposed project and/or property must meet at least two
of the following criteria:
A. Project involves aminimum increase in property
value of 300% for new project; 50% for expan-
sion; or an investment of at least $5 million in
taxable assets.
B. :Project makes a substantial contribution to rede-
velopment efforts or special area plans by en-
hancing either functional or visual characteris-
tics, i.e., parking, circulation, facades, materials,
signs, historic structures, etc.
C. Project has high visibility, image impact, or is of
a significantly higher level of development qual-
ity.
D. Project is an area which might not otherwise be
developed because of constraints of topogra-
phy, ownership patterns, site configuration, etc.
E. Project can serve as a prototype and catalyst for
another development of a higher standard.
F. Project stimulates concentrations of employ-
ment and/or commercial activity.
G. Project genemesgreateremploymentthanwould
otherwise be achieved, i.e., commercial/indus-
trial vs. residential or manufacturing vs. ware-
house.
Applicants must provide a written narrative detailing
how a project meets these minimum standards.
Revised and Readopted. May 1993
Objective Criteria
The following is an objective scoring scale designed to
evaluate a number of specific components common to all
applicants. It assigns points based upon comparable
economic impact.
A. How many new jobs Nvill be created?
(Assign 1 point per 10 jobs.)
B. How much local annual payroll will be cre-
ated? (Assign 1 point per $100,000 of pay-
roll.)
C. How much real property tax base valuation will
be added? (Assign 1 point per $100,000 in real
property value added over $1,000,000.)
D. How much personal property tax base valuation
will be added? (Assign 1 point per $100,000 in
personal propertyvalue added over $1,000,000. )
E. How much local annual sales tax will be directly
generated (for retail projects)? (Assign 1 point
per $1,000 in local sales tax collections.)
F. How much electricity will be purchased annually
from Garland Power and sight? (Assign 1 point
per 50,000 KWH.)
Subjective Criteria
In addition to the objective criteria for which specific
point values can be assigned, several additional consider-
ations must be evaluated. The applicant is asked to
respond in written narrative format to those items listed
below:
A Is project sponsor a local company?
B. What types and values of public improvements,
if any, will be made by the applicant?
City of Garland C. Will the occupants of the project be owners or
Economic Development lessees? If lessees, are occupancy commitments
2734 W. Kingsley already existing?
Suite J-4
Garland, TX 75041
214-205-2791
Revised and Readopted. May 1993
City of Garland
Economic Development
2734 W. Kingsley
Suite J-4
Garland, TX 75041
214-205-2791
D. Does, or can, the project meet all relevant zoning,
subdivision and other legal requirements?
E. What impact will the project have on otherta.Nng
entities (Garland schools in particular)?
F. Are the new jobs to be created likely to be filled
by Garland's local labor force (i.e., appropriate
demographic profile)?
G. Does the project provide particular benefit to an
area of the City targeted for revitalization?
H. Will the project substantially increase the busi-
ness opportunities of existing local suppliers and
contractors?
I. Is the project consistent withthe Comprehensive
Plan ofthe City ofGarland or special area plans,
where applicable?
J. Is the level of quality significantly higher than
typical projects of a similar use? Are significant
site amenities provided such as landscaping,
public art, water fountains, plazas, etc.?
K. Will the project compete with existing busi-
nesses to the detriment of the local economy.
L. Does the project pose any negative environmen
operational, visual or other impacts Ci.e.,
pollution, noise, traffic congestions, etc.)?
Value of Tax Abatement Provided
The above objective and subjective criteria will be used
to determine whether it is in the best interests of the City
of Garland to provide tax abatement to a particular
applicant. The degree to which the specified project
fi rthers the goals and objectives of the City of Garland,
and the relative impact of the project, will be used to
determine the total value of the tax abatement provided,
subject to the following guidelines:
A. As a general rule, no tax abatement will be
granted in an amount which exceeds the esti-
mated costs to the City ofGarland for support of
the project. To determine these costs, the Fiscal
Revised and Readopted. May 1993
City of Garland
Economic Development
2734 W. Kingsley
Suite J-4
Garland, TX 75041
214-205-2791
ImpactModel * analysis will be used. Exceptions
to this rule are outlined below (Sections C & D).
B. When an applicant project meets the eligibility
criteria specified in Section H Iftnimum Stan-
dards and achieves a score of at least 100 points
according to the scoring scale found in Section III
Objective Criteria, that project may be granted
a tax abatement on real property of up to fifty
percent (50%) for a period of up to five years.
The terms of the abatement will subject to
negotiation within these parameters.
C. Special tax abatement formulas may be nego-
tiated for projects meeting the Minimum Stan-
dards for Tax Abatement which achieve a
point score in the Objective Crfteria that exceed:
400 points to 749 points: Project maybe granted
a tax abatement on both real and personal prop-
erty of up to fifty percent (50%) for a period of
up to five years.
, 750points and more: Project may be granted a
tax abatement on both real and personal property
of up to 100% for a period of up to ten years.
The basic qualification for special tax abatement
is the significance of the contnbution the project
makes to the City of Garland's economic devel-
opment goals. In these cases, an exception may
be made to the Fiscal Impact Model cost/rev-
enue
ost/revenue rule detailed in Section A above. The
guideline here is that annual tax receipts, with the
abatement, must exceed cost estimates for the
same year, not later than year four of the project.
Cumulative tax receipts, with the abatement,
must exceed cumulative estimated costs no laxer
than year eight (Four Year/Eight Year Cost/
Revenue Rule).
D. In some special instances, projects which meet
the Minimu m Standards criteria may be consid-
ered for tax abatement even if they cannot meet
the 100 point score on the Objective Criteria.
These special instances include:
Small scale development, redevelopment
Revised and Readopted. May 1"3
City of Garland
Economic Development
2734 W. Kingsley
Suite J-4
Garland, TX 75041
214-205-2791
or expansion projects in the downtown
or other areas of Garland designated for
revitalization may qualify.
2. Projects which contribute significantly
to specific economic development goals
but which may be small in scale may
qualify.
3. Retention of existing industry where
companies are making a significant in-
vestment in new machinery and equip-
ment in an effort to update their current
technology which does not result in
significant new construction to existing
facility, but where the new machinery
and equipment will assist in maintaining
or improving their competitive advan-
tage in the market place, thus retaining
current employment levels and/or add-
ing additional employees while main-
taining existing tax and utility revenues
to the city.
Tax abatement formulas appropriate to the na
tureand scaleoftheseprojectsmaybenegotiated
ifthe Five Year -Fifty Percent guidelines do not
adequately meet the objectives of the project.
* Contact City of Garland Planning Department
for information on Fiscal lm,pactMode1.
Procedural Guidelines
Any person, organization or corporation desiring that the
City of Garland consider providing tax abatement to
encourage location or expanded operations within the
city limits of Gartand shallbe required to comply with the
following procedural guidelines. Nothing within these
guidelines shall be construed to. suggest that the City of
Garland is under obligation to provide any abatement to
any applicant even if certain criteria are met. The City
reserves the right to reject any application.
Revised and Readopted, May 1993
City of Garland
Economic Development
2734 W. Kingsley
Suite J-4
Garland, TX 75041
214-205-2791
Preliminary Application Steps
A. Applicant should complete the following at-
tached forms:
1. Application for Tax Abatement
2. Fiscal Impact Model Worksheet
3. Tax Abatement Objective Worksheet
B. Applicant should address criteria listed in Sec-
tions H and N above in nan-ative format.
C. Applicant should provide a plat showing the
precise location of the property, all roadways
within 500 feet ofthe site, and all existing zoning
and land uses within 500 feet of the site.
D. A complete legal description of the property
should be provided.
E. Applicant should complete all forms and infor-
mation detailed in items A through above and
submit to the Business Development Manager,
Economic Development, City of Garland, 2734
West Kingsley Road, Suite 74, Garland, Texas.
Application Review Steps
A All information submitted as detailed above will
be reviewed for completeness, accuracy and the
rationale for projections made. Additional infor-
mation may be requested as needed.
B. The application will be distributed to the appro-
priate departments for internal review and com-
ments.,
omments., Additional information maybe requested
as needed.
C. The application will be reviewed accordingto the
guidelines and criteria detailed herein.
D. Copies of the complete application package and
staff comments will be provided to the other,
appropriate taxing entities (Garland Indepen-
dent School District and Dallas County).
Revised and Readopted. May 1993
City of Garland
Economic Development
2734 W. Kingsley
Suite J-4
Garland, TX 75041
214-205-2791
Consideration of the Application
A. Staffwill make recommendations on the applica-
tion to the City Council Economic Development
Committee. If needed, the Economic Develop-
ment Committee will meet with the applicant.
B. Review of the project and Economic Develop-
ment recommendation will be presented at a
regular City Council Work session.
C. At a subsequent regular City Council meeting, all
necessary legal documents will be considered for
approval following evaluation ofall relevant staff
and City Council Economic Development Com-
mittee recommendations and reports.
D. Other appropriate additional steps, including a
public hearing on the project and the proposed
tax abatement district, must be incorporated into
the process as mandatedby state law and detailed
in the Property Redevelopment and Tax Abate-
ment Act (Chapter 312, Texas Tax Code).
Adoption and Execution ofAgreements
Should the City Council determine that it is in the best
interest ofthe City ofGarland to provide Tax Abatement
to a particular applicant, a resolution shall be adopted
declaring that, under the guidelines and criteria estab-
lished herein, the applicant is eligible for abatement and
the tax abatement district is established. The resolution
shall further authorize the City Manager to negotiate an
agreement with the applicant governing the provision of
the abatement.
Any Agreement must include at least the following
sped items:
General description ofthe project (see Applica-
tion Guidelines VI)
Amount of the tax abatement
Method for calculating the value of the abate-
ment
Revised and Readopted, May 1993
V
City of Garland
Economic Development
2734 W. Kingsley
Suite J-4
Garland, TX 75041
214-205-2791
* Duration of the abatement
* Legal description of the property
* Type, number, location and timetable of planned
improvements
* Any specific terms and conditions to be met by
applicant
The agreement shall then be presented to City Council for
adoption, whereupon it shall be executed by the City
Manager andbythe specified official ofeach participating
taxing jurisdiction.
Should the term of the agreement su bsequ endy not be
satisfied, the tax abatement shall be null and void and
all abated taxesshall immediatelybepaid to the Oiy of
Garland and aU other twang juristpictions part pat-
ing in the tax abatement agreement. Provisions to this
effect shall be incorporated into the agreement.
Revised and Readopted, May 1993