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Exhibit A Farmers Market TIF District FY 2011 Annual Report Value and Increment Revenue Summary The Farmers Market TIF District’s assessed 2011 tax value was $101,531,538, an increase of $73,824,687 over the base year value (1998). This property value change represents 266.4% increase from the 1998 base value. The 2011 tax value decreased $2,280,930 (-2.2%) over the 2010 tax value. From the inception of the district, approximately 95% of the increment is from new construction and 5% is from the general appreciation. The total 2011 increment revenue collected in 2012 is expected to be $588,383. The actual construction that occurred in 2011 will be reflected on the 2012 tax roll. Development Goals and Objectives On August 25, 1999, the City Council passed Ordinance Number 24001, which approved the Farmers Market Tax Increment Financing District Project Plan and Reinvestment Zone Financing Plan. Among the goals of the Plan are: • Complete a program of infrastructure replacement and enhancement to provide a foundation for development. Infrastructure improvement is a high priority for the Farmers Market TIF District. Extension of Marilla Street, construction of Farmers Market Way, construction of Farmers Market/Deep Ellum Connector Walkway, streetscape improvements, light and water/wastewater, lighting the Art Park and Open Space Improvements near Deep Ellum Connector, are funded to meet the infrastructure improvement goal for the District. • Encourage residential development, including apartments and townhouses. Since the creation of the Farmers Market TIF District, 997 residential units (909 apartments, 88 townhomes) have been completed and one townhome is under construction and 108 townhomes are planned. • Provide opportunities for retail uses supporting neighborhood needs. Approximately 10,000 square feet of commercial space has been developed to date. • Encourage high standards of environmental excellence throughout the area. Funding for environmental remediation for the Harlan Building and assistance in the development of infrastructure and streetscape for the Bark Park Central. • Encourage the development of design standards for public improvements and design guidelines for private development. Staff monitors every project which receives TIF funding to guarantee high design standards with wide sidewalks, landscaping, open spaces and ensures consistency throughout the district. 15
Exhibit A Farmers Market TIF District FY 2011 Annual Report Year-End Summary of Meetings During the period of October 1, 2010, through September 30, 2011, the Farmers Market TIF Board met twice, on November 15, 2010 and June 28, 2011. The current Board members are Orlando Alameda, DISD appointee (0 of 1 meeting), Hector Flores, DISD appointee (1 of 1 meeting), Alexia Griffin – City Representative (0 of 2 meetings - no longer a TIF Board Member), Lily Mak – City Representative (2 of 2 meetings), Ross Sherwood Martin – City Representative (2 of 2 meetings), Neal Sleeper - City Representative (2 of 2 meetings), John Miller - City Representative (2 of 2 meetings), Stewart Clancy (1 of 2 meetings), Zane Aveton (2 of 2 meetings). During the fiscal year, the City Council approved four items associated with the Farmers Market TIF District: • On February 23, 2011, the City Council approved Resolution Number 11- 0525 authorizing acceptance of the Fiscal Year 2010 Annual Report of the Tax Increment Reinvestment Zone Number Six (Farmers Market TIF District), and authorizing the City Manager to submit the annual report to the other taxing jurisdictions that participate in the district, as well as the Texas Attorney General. • On August 10, 2011, the City Council approved Resolution Numbers: 11- 2031 authorizing a development agreement with Texas IntownHomes LLC to provide funding for the design, engineering, professional services and construction of public infrastructure improvements for the Farmers Market Square Project in an amount not to exceed $3,000,000 from Farmers Market TIF funds. • On August 10, 2011, the City Council approved Resolution Numbers: 11- 2032 declaring the intent of Tax Increment Financing Reinvestment Zone Number Six (Farmers Market TIF District), to reimburse Texas IntownHomes LLC., in an amount not to exceed $3,000,000 for certain improvements related to the development of the Farmers Market Square Project in the Farmers Market TIF District. • On August 24, 2011 the City Council held a public hearing and closed the hearing and approved an application for creation of a new sub district within Planned Development District No. 357, the Farmers’ Market Special Purpose District by Resolution 11-2237. Pending TIF Items • FY 2011 Annual Report, Farmers Market TIF District 16
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FEBRUARY 22, 2012 CITY COUNCIL AGEN
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AGENDA CITY COUNCIL MEETING WEDNESD
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February 22, 2012 2 CONSENT AGENDA
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February 22, 2012 12 PUBLIC HEARING
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February 22, 2012 14 Tax Foreclosur
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AGENDA DATE February 22, 2012 ITEM
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BACKGROUND (Continued) As part of t
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BUSINESS INCLUSION AND DEVELOPMENT
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KEY FOCUS AREA: A Cleaner, Healthie
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ETHNIC COMPOSITION (Continued) JBa
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COUNCIL CHAMBER BE IT RESOLVED BY T
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BACKGROUND (Continued) This service
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BID INFORMATION The following bids
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COUNCIL CHAMBER BE IT RESOLVED BY T
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BACKGROUND (Continued) As part of t
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KEY FOCUS AREA: AGENDA ITEMS # 7,8
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BACKGROUND (Continued) The successf
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KEY FOCUS AREA: AGENDA ITEM # 9 Mak
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KEY FOCUS AREA: Economic Vibrancy A
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COUNCIL CHAMBER February 22, 2012 W
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Cityplace Area TIF District FY 2011
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Cityplace Area TIF District City of
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Oak Cliff Gateway TIF District FY 2
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Exhibit A - Cedars TIF District FY
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PRIOR ACTION/REVIEW (COUNCIL, BOARD
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Exhibit - A Southwestern Medical TI
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Exhibit A Southwestern Medical TIF
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Exhibit A Downtown Connection TIF D
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Grand Park South TIF District FY 20
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Exhibit A Skillman Corridor TIF Dis
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Exhibit A - Skillman Corridor TIF D
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Exhibit A Fort Worth Avenue TIF Dis
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Exhibit A - Fort Worth Avenue TIF D
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Exhibit A - Davis Garden TIF Distri
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Exhibit A TOD TIF District FY 2011
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Exhibit A - TOD TIF District FY 201
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Exhibit - A Maple/Mockingbird TIF D
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Exhibit A Maple/Mockingbird TIF Dis
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Exhibit A Cypress Waters TIF Distri
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Exhibit A - Cypress Waters TIF Dist
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BACKGROUND (Continued) The City wil
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FISCAL INFORMATION 2005-06 Communit
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COUNCIL CHAMBER February 22, 2012 S
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Exhibit A City of Dallas Affordable
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BACKGROUND (continued) Per the Code
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KEY FOCUS AREA: AGENDA ITEM # 34 Ma
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KEY FOCUS AREA: AGENDA ITEM # 35 Be
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OWNER Denali Construction Services,
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Swiss Avenue Median Council Distric
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BACKGROUND (Continued) The selectio
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PRIOR ACTION/REVIEW (Council, Board
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Rogers-O'Brien Construction January
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KEY FOCUS AREA: AGENDA ITEM # 37 Ec
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TOTAL M/WBE PARTICIPATION This Acti
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KEY FOCUS AREA: AGENDA ITEM # 41 Pu
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MAPSC045H
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ETHNIC COMPOSITION HKS, Inc. Hispan
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TOTAL M/WBE PARTICIPATION This Acti
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[ Irving Boulevard at Sylvan Avenue
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[Mapsco 46P1
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SECTION 3. That the City Secretary
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MAPSC033B aMI 1:::::-
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ORDINANCE NO. __________________ An
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MAPS Attached. Agenda Date 02/22/20
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... .,/ '.: \ 1:7,200 Planned Devel
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~'... 1:15,000 Planned Development
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G-8 1:7,200 DATE: Apr1/25, 2011 Z10
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BACKGROUND (continued) The City Cou
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BACKGROUND (continued) The City Cou
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PRIOR ACTION (continued) On January
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eN 1:1,800 Ordina nee 24581
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® 1:6,000 VICINITY MAP W078·007 1
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1:1,800 Ordinance 27395
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BACKGROUND (Continued) Dallas Water
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s copyrightCl2006 MAPSCO.lnc. ~.Mi_
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COUNCIL CHAMBER February 22, 2012 A
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DRAINAGE EASEMENT J.W. Grandstaff A
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BACKGROUND (Continued) The current
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EXHIBIT A CERTIFICATE OF FORMATION
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Exhibit A The Corporation will have
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Exhibit A IN WITNESS WHEREOF, this
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EXHIBIT B BYLAWS OF CITY OF DALLAS
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Exhibit B Section 2.5. Special Meet
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Exhibit B ARTICLE IV PROVISION REGA
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BACKGROUND (Continued) The project
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NCTCOG Funded Infrastructure Improv
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BACKGROUND (Continued) Although the
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Z112-123(MW) BACKGROUND INFORMATION
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Z112-123(MW) LAND USE ELEMENT Goal
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Z112-123(MW) Sustainable Constructi
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Z112-123(MW) Partners/Principals/Of
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Z112-123(MW) Z112-123 CPC Recommend
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Z112-123(MW) 14
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Z112-133(RB) BACKGROUND INFORMATION
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Z112-133(RB) CPC ACTION (January 19
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Z112-133(RB) RECOMMENDED CONDITIONS
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Z112-133(RB) 12. GENERAL REQUIREMEN
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Z112-133(RB) CPC RESPONSES 14
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Z112-133(RB) Vote Label Address Own
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HONORABLE MAYOR & CITY COUNCIL WEDN
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Z112-135(CH) Land Use: Site Zoning
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Z112-135(CH) Landscaping: Landscapi
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Z112-135(CH) CPC Action: January 19
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Z112-135(CH) PROPOSED SITE PLAN 9
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Z112-135(CH) Single-family & Office
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Z112-135(CH) 1/24/2012 Notification
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Z112-137(WE) BACKGROUND INFORMATION
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Z112-137(WE) The number of required
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Z112-137(WE) BOARD OF TRUSTEES RISD
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Z112-137(WE) (c) Except as provided
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Z112-137(WE) SEC. 51P-572.109. FENC
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Z112-137(WE) (8) circulation; (3) W
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Z112-137(WE) Aikin Elementary Schoo
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Z112-137(WE) existing fence from th
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Z112-137(WE) - ~ Aikin Elementary S
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Z112-137(WE) 1:3,600 ZONING AND LAN
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Z112-137(WE) Notification List ofPr
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Z112-137 (WE) Vote Label Address Ow
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HONORABLE MAYOR AND CITY COUNCIL WE
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Z112-118(WE) Land Use: Zoning Land
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Z112-118(WE) CPC Action (January 5,
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Z112-118(WE) Library Undeveloped Ge
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Z112-118(WE) CPC RESPONSES 9
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Z101-342(WE) BACKGROUND INFORMATION
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Z101-342(WE) will be designated sol
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Z101-342(WE) Conflict: 1 - M. Davis
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Z101-342(WE) Juan Gamez, 5307 Parry
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Z101-342(WE) BOARD OF TRUSTEES DISD
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Z101-342(WE) SEC. 51P- .105. DEVELO
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Z101-342(WE) traffic circulation; e
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Z101-342(WE) PROPOSED LANDSCAPE PLA
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Z101-342(WE) 1. Calculate the site
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Z101-342(WE) Staff Assistance To op
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Z101-342(WE) CPC RESPONSES 26
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Z101-196(RB) Road, the applicant pr
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Z101-196(RB) Vacancy: 1 - District
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Z101-196(RB) Absent: 3 - R. Davis,
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Z101-196(RB) DEED RESTRICTIONS THE
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Z101-335(RB) Notices: Area: 500 Mai
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Z101-335(RB) CPC RECOMMENDED CONDIT
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Z101-335(RB) SEC. 51P-XXX.108. YARD
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Z101-335(RB) the current traffic ma
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Z101-335(RB) (C) Detached videoboar
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Z101-335(RB) Existing Conditions SU
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