O-3365-2-16ORDINANCE NO. 3365-2-16
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ALLEN, TEXAS,
AUTHORIZING THE CITY'S PARTICIPATION IN THE TEXAS ENTERPRISE
ZONE PROGRAM PURSUANT TO THE TEXAS ENTERPRISE ZONE ACT,
CHAPTER 2303, TEXAS GOVERNMENT CODE (ACT), PROVIDING TAX
INCENTIVES, DESIGNATING A LIAISON FOR COMMUNICATION WITH
INTERESTED PARTIES, AND NOMINATING JACK HENRY & ASSOCIATES,
INC., TO THE OFFICE OF THE GOVERNOR ECONOMIC DEVELOPMENT &
TOURISM THROUGH THE ECONOMIC DEVELOPMENT BANK AS AN
ENTERPRISE PROJECT; AND PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the City Council of the City of Allen, Texas (City) desires to create the proper economic and
social environment to induce the investment of private resources in productive business enterprises and to
provide employment to residents from an enterprise zone; and,
WHEREAS, the project or activity is not located in an area designated as an enterprise zone; and,
WHEREAS, pursuant to Chapter 2303, Subchapter F of the Act, lack Henry & Associates, Inc., has applied
to the City for designation as an enterprise project; and,
WHEREAS, at the election of City Council, certain local incentives are available to Jack Henry &
Associates, Inc., as a qualified business that will create a higher level of employment, economic activity and
' stability; and,
WHEREAS, a public hearing to consider this order was held by the City Council on February 23, 2016.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ALLEN,
COLLIN COUNTY, TEXAS, THAT:
SECTION 1. The Allen City Council nominates Jack Henry & Associates, Inc., for enterprise project
status.
SECTION 2. That the following local incentives, at the election of the City Council, are or will be made
available to the nominated project or activity of the qualified business:
a) The City may establish a reinvestment zone and abate taxes on the increase in value of real
property improvements and eligible personal property for up to 10 years for qualifying projects
under the requirements of the City's Tax Abatement Policy. The level of abatement shall be based
upon capital investment, and the extent to which the business receiving the abatement creates jobs
for qualified employees, in accordance with the Tax Abatement Policy and with qualified
employee being defined by the Act.
b) The City may provide business and industrial development services, including:
1)
Local sales tax refund;
2)
Tax Abatement;
3)
Tax Increment Financing;
4)
Freeport exemption;
5)
Economic Development Sales Tax (Type A) Contribution
6)
Economic Development Sales Tax (Type B) Contribution
F
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7) Chapter 380 tax rebates for qualifying projects that significantly enhance the City's tax
base as provided in the City's policy;
8) Establishment of a Tax Increment Reinvestment Zone;
9) Creation of stream -lined permitting and problem resolution centers or
ombudsmen;
10) Promotion and marketing services;
11) Other tax deferrals, tax refunds or tax incentives;
12) Low-interest loans for business;
13) Use of surplus City buildings or other underutilized publicly owned facilities as small-
business incubators;
14) Provision of publicly owned land for development purposes; or
c) The City may provide regulatory relief to businesses, including:
1) Zoning changes or variances;
2) Exemptions from unnecessary building code requirements, impact fees, or inspection fees;
or
3) Streamlined permitting.
d) The City may provide enhanced municipal services to businesses, including:
1) Improved police and fire protection; or
2) Institution of community crime prevention programs; or
3) Special public transportation routes or reduced fares.
C) The City may provide improvements in community facilities, including:
1) Capital improvements in water and sewer facilities;
2) Road repair;
3) Creation or improvement of parks; or
4) Creation of other venues, such as museums, conference centers, etc.
f) The City may provide improvements to housing, including:
1) Low-interest loans for housing rehabilitation, improvement, or new construction; or
2) Transfer of abandoned housing to individuals or community groups.
g) The City, in partnership with other regional entities, may provide job training and employment
services to businesses, including:
I) Job training and employment services;
2) Retraining programs;
3) Literacy and employment skills programs;
4) Vocational education; or
5) Customized job training.
SECTION 3. Any enterprise zone areas created within the City are reinvestment zones in accordance with
the Texas Tax Code, Chapter 312.
SECTION 4. The City Council directs and designates the Executive Director of Allen Economic
Development Corporation as the City's liaison to communicate and negotiate with the Governor's Office,
Ordinance No. 33652-16, Page 2
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Economic Development and Tourism (EDT) through the Economic Development Bank and enterprise
project(s) and to oversee zone activities and communications with qualified businesses and other entities in
an enterprise zone or affected by an enterprise project.
SECTION 5. The City Council finds that Jack Henry & Associates, Inc., meets the criteria for designation
as an enterprise project under Chapter 2303, Subchapter F of the Act on the following grounds:
a) Jack Henry & Associates, Inc., 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 inside an enterprise
zone and at least thirty-five percent (35%) of the business' new employees will be
residents of an enterprise zone, economically disadvantaged individuals or veterans;
and
b) There has been and will continue to be a high level of cooperation between public,
private, and neighborhood entities in the area; and
c) The designation of Jack Henry & Associates, Inc., as an enterprise project will
contribute significantly to the achievement of the plans of the City for development
and revitalization of the area.
SECTION 6. The enterprise project shall take effect on the date of designation of the enterprise project by
EDT and terminate five years thereafter.
SECTION 7. The provisions of this Ordinance severable and the invalidity of any part of this Ordinance
will not affect the validity of the remainder of this Ordinance.
SECTIONS. This Ordinance shall take effect immediately from and atter its passage in accordance with
the provisions of the Charter of the City of Allen, and it is accordingly so ordained.
DULY PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN
COUNTY, TEXAS, ON THIS THE 26TH DAY OF FEBRUARY 2016.
APPROVED AS TO FORM:
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Peter G. Smith, CIYV ATTORNEY
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APPROVED: rZ��(��J//�
StephenMAYOR 's
ATTEST:
Shelley B. �GwrW, TRMC, CITY CRETARY
Ordinance No. 3365-2-16, Page 3