Agenda - City of Dallas

Exhibit A - Fort Worth Avenue TIF District
FY 2011 Annual Report
During the fiscal year from October 1, 2010 to September 30, 2011, the City Council
approved seven items associated with the Fort Worth Avenue TIF District:
• On November 10, 2010, Council approved Resolution 10-2877 authorizing
Supplemental Agreement No. 1 to the professional services contract with
Wallace Roberts & Todd, LLC to provide engineering design and surveying
services for intersection improvements at North Beckley Avenue and West
Commerce Street - Not to exceed $477,811, from $24,975 to $502,786 -
Financing: 1998 Bond Funds ($404,751) and Water Utilities Capital Improvement
Funds ($73,060)
• On February 9, 2011, Council approved Resolution 11-0421 authorizing the use
of conveyances as buildings on property on the south side of West Commerce
Street between Pittman Street and Haslett Street, in accordance with the
provisions of Section 51A-4.603 of the Dallas Development Code.
• On February 23, 2011, Council approved Resolution 11-0534 accepting the FY
2010 Annual Report on the status of Tax Increment Financing Reinvestment
Zone Number Fifteen, (Fort Worth Avenue TIF District), submitted by the Fort
Worth Avenue TIF District's Board of Directors, and authorizing the City Manager
to submit the annual report to the Chief Executive Officer of each taxing
jurisdiction that levies taxes on real property in the District, and to the Attorney
General of Texas, and the State Comptroller, as required by state law.
• On March 9, 2011, Council approved Ordinance 28146 amending the
comprehensive plan of the City of Dallas to incorporate the West Dallas Urban
Structure and Guidelines and a resolution adopting the West Dallas Urban
Structure and Guidelines for the area generally located north of Interstate 30,
west and south of the Trinity River, and east of Sylvan Avenue.
• On June 22, 2011, Council approved Resolution 11-1754 authorizing (1) a
development agreement with J & K Investments, LLC and/or its affiliate Metro
Paws Animal Hospital, LLC in an amount not to exceed $116,000, payable from
future Fort Worth Avenue TIF District funds in consideration of the development
of Metro Paws Animal Hospital in Tax Increment Financing Reinvestment Zone
Number Fifteen (Fort Worth Avenue TIF District); and (2) the Fort Worth Avenue
TIF District Board of Directors to dedicate up to $116,000 from future Fort Worth
Avenue TIF revenues in accordance with the development agreement.
• On June 22, 2011, Council approved Resolution 11-1755 declaring the intent of
Tax Increment Financing Reinvestment Zone Number Fifteen (Fort Worth
Avenue TIF District) to reimburse J & K Investments, LLC and/or its affiliate
Metro Paws Animal Hospital, LLC for eligible expenditures pursuant to the
development agreement up to $116,000 for certain improvements related to the
development of Metro Paws Animal Hospital in the Fort Worth Avenue TIF
District - Financing: No cost consideration to the City
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