HomeMy WebLinkAboutRes 16-38 Amending and Expanding the Charles Schwab Neighborhood Empowerment Zone 4 TOWN OF WESTLAKE
RESOLUTION NO. 16-38
A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF WESTLAKE,
TEXAS,AMENDING RESOLUTION 16-31, DESIGNATING NEIGHBORHOOD
EMPOWERMENT ZONE#4 IN THE TOWN OF WESTLAKE,TARRANT AND
DENTON COUNTIES,TEXAS,TO AMEND THE BOUNDARIES OF
NEIGHBORHOOD EMPOWERMENT ZONE #4 IN THE TOWN OF WESTLAKE.
WHEREAS, the Town Council ("Council") of the Town of Westlake, Texas, ("Town")
approved Resolution 16-31 designating Neighborhood Empowerment Zone #4 in the Town of
Westlake, Tarrant and Denton Counties, Texas, and
WHEREAS, the Town and CS Kinross Lake Parkway a Delaware limited liability
company, its affiliate Charles Schwab & Co., Inc, ("Schwab") desire to amend the Economic
Developer Agreement which sets out responsibility for Schwab and the Town as it relates to
development in Westlake as established in Resolution 16-31, approved on August 22, 2016;
WHEREAS, the Council desires to amend the boundaries of Neighborhood
Empowerment Zone#4 in the Town of Westlake; and
WHEREAS, the Town Council finds that the passage of this Resolution is in the best
interest of the citizens of Westlake.
NOW,THEREFORE,BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN
OF WESTLAKE,TEXAS:
SECTION l: That, all matters stated in the Recitals hereinabove are found to be true
and correct and are incorporated herein by reference as if copied in their entirety.
SECTION 2: That the Town of Westlake Town Council does hereby find and determine
that:
a) That the amending of Neighborhood Empowerment Zone ("Zone") would pro
mote and increase in economic development in the Zone;
b) the attached as Exhibit "A", shall be the property to be contained within the Zone
and is incorporate herein in its entirety
c) That the amendment and expansion of the Zone benefits and is for the public
purpose of increase public health, safety and welfare of the person in the Town,
and the expansion and amending of the Zone satisfied the requirements of
Section 312. 202 of the Teas Tax Code.
Resolution 16-38
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SECTION 3: That pursuant to Chapter 378 of the Texas Local Government Code, the
Council hereby amends and expands the Zone in the earlier described Exhibit A, attached here to
and incorporated herein.
SECTION 4: That the Zone shall take effect on the 14th date of November 2016.
SECTION 5: If any portion of this Resolution shall, for any reason, be declared invalid
by any court of competent jurisdiction, such invalidity shall not affect the remaining provisions
hereof and the Council hereby determines that it would have adopted this Resolution without the
invalid provision.
SECTION 6: That this resolution shall, for any reason, be declared invalid by any court
of competent jurisdiction, such invalidity shall not affect the remaining provision hereof and the
Council here by determines that it would have adopted this Resolution without the invalid
provision.
PASSED AND APPROVED ON THIS 14TFI DAY OF NOVEMBER 2016.
ATTEST:
Laura L. Wheat, Mayor
Kell Edw , Town Secretary Thomas Br n Mager
APPROVED S TO FORM: A
h
L. ton Lo n Attorney 1
Resolution 16-38
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TRACT 3
1.802 ACRES
TRACT 2
2.992 ACRES
TRACT 1
69.337 ACRES
K:\DAL_CIVIL\NO_PROJ\_PERSONAL\MOSS\PROJECT BLIZZARD\20160909_AERIAL EXHIBIT\20161019_BLIZZARD AERIAL W PROP FLOOD PLAIN EXHIBIT.DWG 10/19/2016 2:18 PM12750 MERIT DRIVE, SUITE 1000, DALLAS, TX 75251
PHONE: 972-770-1300 FAX: 972-239-3820
WWW.KIMLEY-HORN.COM TX F-928
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WESTLAKE, TEXAS OCTOBER 2016
NOTE: THIS PLAN IS CONCEPTUAL IN NATURE AND HAS BEEN PRODUCED WITHOUT
THE BENEFIT OF SURVEY, TOPOGRAPHY, UTILITIES, CONTACT WITH THE CITY, ETC.
NORTH
BOUNDARY EXHIBIT
Res 16-38
Res 16-38