R-82-480 - 10/14/1982RESOLUTION NO. dine,
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROUND
ROCK, TEXAS, MAKING FINDINGS THAT A GEOGRAPHICAL
AREA OF THE CITY OF ROUND ROCK IS A BLIGHTED OR
ECONOMICALLY DEPRESSED AREA FOR THE PURPOSE OF
FINANCING OF PROJECTS FOR COMMERCIAL USES UNDER THE
DEVELOPMENT CORPORATION ACT OF 1979 (ARTICLE
5190.6) AS AMENDED: SUCH GEOGRAPHICAL AREA DEFINED
IN EXHIBIT "A" AS A REINVESTMENT ZONE; REQUESTING
THE TEXAS INDUSTRIAL COMMISSION TO APPROVE COMMER-
CIAL PROJECTS WITHIN SUCH DEPRESSED AREAS;
DESCRIBING THE TYPE OF PROJECTS FOR COMMERCIAL USES
DESIRED AND AUTHORIZED BY THE CITY OF ROUND ROCK;
AND REPRESENTING THAT CITY COUNCIL WILL REVIEW ALL
PROJECT DESCRIPTIONS.
WHEREAS, the City Council of the City of Round Rock gave
due and proper notice of public hearing pursuant to Article
5190.6, as amended, Vernon's Civil Statutes (the "Act ") and
the Regulations (the "Regulations ") of the Texas Industrial
Commission, to be held on this date for the purpose of
designating certain areas of the City as a Reinvestment Zone
(the "Blighted Areas" or "Economically Depressed Areas ")
under and for the purposes of the Act and the Regulations; and
WHEREAS, the City Council has found that notice was
properly given and published as required by the Act and the
Regulations, that the public hearing was held on this date in
accordance with law, that the public was given the oppor-
tunity to be and was heard on the proposal submitted, and
that the City Council has given due and proper regard to the
testimony presented; and
WHEREAS, while considerable residential - related activi-
ties have been undertaken in the area during the past ten
years, few programs have been available to provide leverage
or incentive for commercial development. This is clearly not
in conformance with the City Council's long -range plan for
the area which indicates a balanced community with commer-
cial, retail, light industrial and residential elements; and
WHEREAS, the City Council has found and determined that
the City of Round Rock's economic base depends in substantial
part on manufacturing and industrial activities, and commer-
cial and tourist activities, and that by virtue of the
conditions recited, the City of Round Rock is experiencing a
need for an increased tax base, increased commercial activi-
ties and a need for jobs of a character suitable for its
unemployed population, that the provisions of the Act and
Regulations will assist the City of Round Rock in achieving
these objectives in the Reinvestment Zone and the City as a
whole, and that the availability of financing of projects for
commercial uses under the Act and the Regulations will
contribute significantly to the alleviation of the blighted
conditions found to exist in the City of Round Rock;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF ROUND ROCK, TEXAS
(1) That the determinations and findings recited and
declared in the preambles to this Resolution are hereby
restated, repeated and incorporated herein as the current,
proper and lawful findings of the City Council;
(2) That the area within the corporate limits of the
City of Round Rock is hereby designated as a Blighted Area
under and for the purposes of the Act and the Regulations;
(3) That the City Council request the Texas Industrial
Commission to approve commercial projects for financing under
the Act and the Regulations within the Blighted Areas of the
following types, to -wit:
(a) Major Office complexes.
(b) Commercial facilities.
(c) Convention and related facilities.
(d) Hotel /Motel and related facilities.
(e) Any other commercial activities contributing to
revitalization and providing services to
neighborhood residents located within and
adjacent to redevelopment areas.
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(4) That the City Council of the City of Round Rock
represents that it will review all project descriptions for
approval of specific projects for commercial uses and in
order to determine whether such projects are consistent with
the City's objectives for redevelopment and rehabilitation of
the Blighted Areas designated herein;
(5) This Resolution shall take effect immediately from
and after its adoption.
RESOLVED this /4 of 82
Ma r
ATTEST:
LAND, C t ecr
JOANNE y Secretary
LARK TONN, y
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EXHIBrr A" t'
ROUND ROCK
SCALE 1 "= 0.7 MILES
168