R-3015-6-11RESOLUTION NO.3015.6.1I(R)
' A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN
COUNTY, TEXAS, APPROVING FRONTIER COMMUNICATIONS
CORPORATION, A DELAWARE CORPORATION, TO THE OFFICE OF THE
GOVERNOR, ECONOMIC DEVELOPMENT & TOURISM ("EDT') DIVISION
THROUGH THE ECONOMIC DEVELOPMENT BANK (`BANK") AS AN
ENTERPRISE PROJECT; AND PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, has previously passed an Ordinance electing to participate in the Texas Enterprise Zone
Program, and the local incentives offered under this resolution are the same on this date as were outlined in
that Ordinance; and,
WHEREAS, the Office of the Governor, Economic Development & Tourism ("EDT") Division through the
Economic Development Bank ("Bank") will consider Frontier Communications Corporation as an enterprise
project pursuant to a nomination and an application made by the City; and,
WHEREAS, the City desires to pursue the creation of 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 Government
Code (the "Act"), Frontier Communications Corporation has applied to the City for designation as an
' enterprise project; and,
WHEREAS, the City finds that Frontier Communications Corporation meets the criteria for designation as an
enterprise project under Chapter 2303, Subchapter F of the Act on the following grounds:
1. Frontier Communications Corporation 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
(35.0%) of the business' new employees will be residents of an enterprise zone or economically
disadvantaged individuals; and
2. There has been and will continue to be a high level of cooperation between public, private, and
neighborhood entities within the area; and
3. The designation of Frontier Communications Corporation as an enterprise project will contribute
significantly to the achievement of the plans of the City for development and revitalization of the
area.
WHEREAS, the City finds that Frontier Communications Corporation meets the criteria for tax relief and
other incentives adopted by the City and nominates Frontier Communications Corporation 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 Frontier Communications
Corporation 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. Frontier Communications Corporation 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 enterprise project by
the agency.
SECTION 4. This Resolution shall become effective immediately from and after its passage.
DULY PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN
COUNTY, TEXAS, ON THIS THE 14''t DAY OF JUNE, 2011.
APPROVED:
04Q me cy
Stepheifferrell, MAYOR
ATTEST:
' Shelley B. Ge CITY SECRETARYY
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Resolution No. 3015-(:II(R). Page 2