Agenda - City of Dallas

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Exhibit A Southwestern Medical TIF District FY 2011 Annual Report Value and Increment Revenue Summary The Southwestern Medical TIF District encompasses approximately 245.7 acres. The base value is the total appraised value of all taxable real properties in the Southwestern Medical TIF District as determined by the Dallas Central Appraisal District in the certified roll. The Southwestern Medical District’s assessed 2011 tax value was $109,792,101, an increase of $42,381,047 over the base year value (62.9% increase from base value). The 2011 tax value decreased $15,809,502 (12.6%) from the 2010 tax value. From the inception of the district, approximately, 73% of the increment is from the new construction and 27% from the general appreciation. The total 2011 increment revenue collected in 2012 is expected to be $326,887. The actual construction that occurred in 2011 will be reflected on the 2012 tax roll. Objectives, Programs, and Success Indicators The final Southwestern Medical Project Plan and Reinvestment Zone Financing Plan was adopted was adopted in January 2006 and amended in December 2008. Among the goals of the Plan are: • Additional taxable value attributed to new private investment in projects in the Southwestern Medical TIF District shall total approximately $280 million. Projects within the district had contributed approximately $58.5 million (21% of goal) in additional taxable value from the inception of the District. • New private development in the Southwestern Medical TIF District shall add a total of approximately 300,000 square feet of retail/office space and at least 3,000 new apartment units. Projects underway within the district will contribute a minimum of 107,267 square feet of retail office space (35.7% of goal) and 794 residential units (26.4% of goal). In addition, Parkland Hospital expansion plan includes 17 story hospitals surrounded by new clinics and parking garages, worth $1.2 billion. • Ridership at the future DART Parkland light rail station shall average 4,000 - 5,000 riders per weekday by 2015. The Southwestern Medical District/Parkland light rail station ridership averages for the past six months (April 2011 – September 2011): during weekdays 1,590 riders (39% of goal), during Saturdays 778 riders and during Sundays 590 riders. The Parkland light rail station started operating from December 2010 and the ridership is expected to increase in the upcoming years. • Improve the access and connections to the DART light rail system within the Southwestern Medical TIF District. 13
Exhibit A Southwestern Medical TIF District FY 2011 Annual Report The construction of the Southwestern Medical District/Parkland light rail stations is currently underway. Staff and the Board will continue to foster working relationships with Parkland, DART, and potential developers to encourage access and connections to this rail station. The Colonial Reserve/Cityville at Southwestern Medical District project includes streetscape improvements along Medical District Drive and Bengal Streets. • Support the conversion of the Southwestern Medical area from industrial and warehousing land uses to a mixed-use, transit oriented neighborhood that complements the Medical District. Staff and the Board will continue to foster a working relationship with Parkland, DART, and potential developers to encourage transit oriented development that complements the district. The Colonial Reserve/ Cityville at Southwestern Medicalt, Alexan projects have resulted in the conversion of former industrial and warehousing uses to residential and retail uses. The Stemmons Corridor - Southwestern Medical District Area Plan (Vision and Policy Plan) was adopted by the City Council in June, 2010. • Increase recreational opportunities and improved connections to the City of Dallas trails and open space system in the Southwestern Medical Area. Staff and the Board will seek ways to increase recreational opportunities and trail connections within the District and in construction with the Parkland construction. • The Southwestern Medical TIF District will generate approximately $27.5 million in increment over 20 years. The growth is significant in initial zone and new area that has been added will develop in the next couple of years. The district started collecting the increment from last three years and it is estimated that the district will generate $27.5 million (in 2006 dollars) before the TIF expires in 2027. For the past three years, District has collected $1.1 million (4% of the goal. • Develop a grant program to promote private medical industry and economic development in the District. Staff and the Board will continue to foster a working relationship with UT Southwestern Medical Center, Children’s Hospital and Parkland Hospital to create investment opportunities in the District. 14
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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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Exhibit A City Center TIF District
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Exhibit A Farmers Market TIF Distri
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Sports Arena TIF District Exhibit A
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Exhibit A - Design District TIF Dis
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Deep Ellum TIF District FY 2011 Ann
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PRIOR ACTION/REVIEW (COUNCIL, BOARD
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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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® 1:4,800 VICINITY MAP Map no: Cas
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PRIOR ACTION/REVIEW (COUNCIL BOARDS
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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) 12
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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) 12
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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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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) (1) landscaping must b
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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) 24
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Z101-342(WE) CPC RESPONSES 26
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Z101-342(WE) Vote Label Address Own
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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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Z101-196(RB) 11
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Z101-335(RB) Policy 1.2.1 Use Visio
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Z101-335(RB) Second: Lavallaisaa Re
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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) 17 Proposed Tract 1 De
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Z101-335(RB) Existing Conditions SU
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Agenda - City of Dallas

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