HomeMy WebLinkAbout26-3787 Ordinance475
ORDINANCE No. 26-3787
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PLAINVIEW, TEXAS,
ORDAINING 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 WAL-
MART STORES EAST, LP TO THE OFFICE OF THE GOVERNOR ECONOMIC
DEVELOPMENT & TOURISM (EDT) THROUGH THE ECONOMIC DEVELOPMENT
BANK (BANK) AS AN ENTERPRISE PROJECT (PROJECT).
WHEREAS, the City Council of the City of Plainview, Texas (City) desires to create
the proper economic and social environment to induce the investment of private
resources in productive business enterprises located in severely distressed areas
of the city and to provide employment to residents of such area; and
WHEREAS, the project or activity is located in an area designated as an enterprise
zone; and
WHEREAS, pursuant to Chapter 2303, Subchapter F of the Act, Wal-Mart Stores
East, LP has applied to the City for designation as an enterprise project; and
WHEREAS, the City finds that Wal-Mart Stores East, LP meets the criteria for tax
relief and other incentives adopted by the City 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 full compliance with Chapter 2303, Texas
Government Code prior to nomination of an eligible business;
WHEREAS, a public hearing to consider this ordinance was held by the City Council
on April 14th, 2026;
NOW, THEREFORE BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PLAINVIEW,
TEXAS THAT:
Section 1: The City nominates Wal-Mart Stores East, LP for enterprise project
status.
Section 2: The following local incentives, at the election of the governing body,
are or will be made available to the nominated project or activity of
the qualified business:
a) The City may abate taxes on the increase in value of real
property improvements and eligible personal property that
Ordinance No. 26-3787 Page 1 of 4
EA s,
locate in a designated enterprise zone. The level of abatement
shall be based upon the extent to which the business receiving
the abatement creates or retains jobs for qualified employees
and/or creates capital investment in accordance with the City
of Plainview Tax Abatement Policy, and with qualified
employee being defined by the Act.
b) The City may create Tax Increment Reinvestments zones to aid
in the revitalization of areas with Tax Increment Financing.
c) The City may provide:
1) Grants or incentives through Chapter 380 agreements,
including without limitation incentives based on the
refunding of local sales tax;
2) Other tax deferrals, tax refunds or tax incentives
3) Local Sales tax refund
4) Freeport Exemption.
d) 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.
e) The City may provide enhanced municipal services to
businesses, including:
1) improved police and fire protection;
2) institution of community crime prevention programs; or
3) special public transportation routes or reduced fares.
f) The City may provide improvements in community facilities,
including:
1) capital improvements in water and sewer facilities;
2) road repair; or
3) creation or improvement of parks.
g) 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.
h) The City may provide business and industrial development
services, including:
1) low -interest loans for business;
Ordinance No. 26-3787
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477
2) use of surplus school buildings or other underutilized
publicly owned facilities as small business incubators;
3) provision of publicly owned land for development purposes,
including residential, commercial, or industrial development;
4) creation of special one -stop permitting and problem
resolution centers or ombudsmen; or
5) promotion and marketing services.
j) The City may provide job training and employment services to
businesses, including:
1) retraining programs;
2) literacy and employment skills programs;
3) vocational education; or
4) customized job training.
Section 3: The enterprise zone areas within the City are reinvestment zones in
accordance with the Texas Tax Code, Chapter 312.
Section 4: The City of Plainview City Council directs and designates its City
Manager as the City's liaison to communicate and negotiate with the
EDT through the 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 finds that Wal-Mart Stores East, LP meets the criteria for
designation as an enterprise project under Chapter 2303,
Subchapter F of the Act on the following grounds:
(a.) Wal-Mart Stores East, LP 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 of
an enterprise zone and at least twenty-five percent (25%) 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 Wal-Mart Stores East, LP as an
enterprise project will contribute significantly to the
achievement of the plans of the City for development and
revitalization of the area.
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Section 6: The enterprise project shall take effect on the date of designation of
the enterprise project by EDT and terminate on five (5) years after
the date of designation.
Section 7: This ordinance shall take effect from and after its passage as the law
and charter in such case provides.
PASSED AND APPROVED this 14th day of April, 2026.
PASSED AND ADOPTED this the 23rd day of April, 2026.
Approved as to form:
Underwood LA Firm, City Attorney
Qrdinance No. 26-3787
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