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R-3473-5-17' RESOLUTION NO. 3473-5-17(R) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN COUNTY, TEXAS, AUTHORIZING THE NOMINATION OF ENFORCEMENT VIDEO, LLC, AS AN ENTERPRISE PROJECT PURSUANT TO CHAPTER 2303, SUBCHAPTER F OF THE TEXAS ENTERPRISE ZONE ACT, TEXAS GOVERNMENT CODE ("ACT"); FINDING AND DETERMINING THAT THE MEETING AT WHICH THIS RESOLUTION IS PASSED WAS NOTICED AND IS OPEN TO THE PUBLIC AS REQUIRED BY LAW. WHEREAS, the City of Allen, Texas (City) has previously passed Ordinance No. 3365-2-16 electing to participate in the Texas Enterprise Zone Program, and the local incentives offered under this resolution are the same on this date as those outlined in Ordinance 3365-2-16; and, WHEREAS, the Office of the Governor Economic Development and Tourism (EDC) through the Economic Development Bank (Bank) will consider Enforcement Video, LLC, as an enterprise project pursuant to a nomination and an application made by the City; and, WHEREAS, the City desires to create the proper economic and social environment in order to induce the investment of private resources in productive business enterprises located in the City and to provide employment to residents of enterprise zones and to other economically disadvantaged individuals; and, WHEREAS, pursuant to Chapter 2303, Subchapter F of the Texas Enterprise Zone Act, Texas Govemment Code (the "Act'), Enforcement Video, LLC, has applied to the City for designation as an enterprise project; and, WHEREAS, the City finds that Enforcement Video, LLC, meets the criteria for designation as an enterprise project under Chapter 2303, Subchapter F of the Act on the following grounds: 1. Enforcement Video, LLC is a "qualified business" under Section 2303.402 of the Act since it will be engaged in the active conduct of a trade or business at a qualified business site within the governing body's jurisdiction located outside of an enterprise zone and at least thirty-five percent (35%) of the business' new employes& will be residents of an enterprise zone or economically disadvantaged individuals or veterans; and 2. There has been and will continue to be a high level of cooperation between the public, private, and neighborhood entities within the area; and 3. The designation of Enforcement Video, LLC, as an enterprise p%lect will contribute significantly to the achievement of the plans of the City for development and revitalization of the area. WHEREAS, the City finds that Enforcement Video, LLC, meets the criteria for tax relief and other incentives adopted by the City and nominates Enforcement Video, LLC, for enterprise project status on the grounds that it will be located at the qualified business site, will create a higher level of employment, ' economic activity and stability; and, WHEREAS, the City finds that it is in the best interest of the City to nominate Enforcement Video, LLC, as an enterprise project pursuant to the Act. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN COUNTY, TEXAS, THAT: SECTION 1. The findings of the City and its actions approving this resolution taken at the council meeting are hereby approved and adopted. SECTION 2. Enforcement Video, LLC is a "qualified business," as defined in Section 2303.402 of the Act, and meets the criteria for designation as an enterprise project, as set forth in Section 2303, Subchapter F of the Act. SECTION 3. The enterprise project shall take effect on the date of designation of the enterpnse project by the agency and terminate five (5) years after the date of designation. DULY PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN COUNTY, TEXAS, ON THIS THE 23RD DAY OF MAY 2017. APPROVED: z4cza StepheniTerrell, MAYO Shelley B. Geo 11'Y SECRE CRET%R Y Resolution No. 3473-5-17(R), Page2 L THE STATE OF TEXAS COUNTY OF COLLIN I, Shelley B. George, City Secretary of the City of Allen, Texas do hereby certify that the above and foregoing is a true and correct copy of Resolution Number 3473-5-17(R) passed by the City of Allen City Council on this 23120 day of May 2017. (City Seal) OEM THE STATE OF TEXAS COUNTY OF COLLIN BEFORE ME, the undersigned authority, on this day personally appeared Stephen Terrell. Mayor of the City of Allen, Texas, known to me to be the person whose more is subscribed to the foregoing instrument, and acknowledged to me that he/she executed the same for the purposes and consideration therein expressed. GIVEN under my hand and seal of office this 23RD day of May 2017. ROCI0 C. GONZALEZ Notary Public STATE OF TEXAS Notary Public, State of Texas ID*129219419 N Calm.F, .Nar. 29.2020 My commission expires: (NOTARY SEAL) Resolution No. 3473-5-17(R), Page3