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HomeMy WebLinkAboutResolution No. 2002-37 RESOLUTION NO. R2002-37 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF FRIENDSWOOD, TEXAS, AUTHORIZING THE MAYOR TO EXECUTE AND THE CITY SECRETARY TO ATTEST A TAX ABATEMENT AGREEMENT BY AND BETWEEN THE CITY, BAYWOOD HOLDINGS LTD. CO., AND BAYWOOD MEDICAL ASSOCIATES, PA, RELATED TO PROPERTY LOCATED WITHIN REINVESTIVIENT ZONE NO. l. * * �x * �x * BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FRIENDSWOOD, TEXAS: Section l. That the Mayor and City Secretary be, and they are hereby, authorized and directed to execute and attest, respectively, a Tax Abatement Agreement by and between the City, Baywood Holdings Ltd. Co., and Baywood Medical Associates, PA, related to property located within Reinvestment Zone No. l. A copy of such Agreement is attached hereto as Exhibit "A" and made a part hereof for all purposes. PASSED, APPROVED, AND RESOLVED this lst day of July, 2002. ��2�� � Harold Whitaker Mayor ATTEST: � Deloris McKenzie, T C City Secretary . c . : , O EXHIBIT A A to the Re � solution R2002-37 TAX ABATEMENT AGREEMENT THE STATE OF TEXAS § § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF GALVESTON § THIS TAX ABATEMENT AGREEMENT ("Agreement") is made and entered into by and between the CITY OF FRIENDSWOOD, TEXAS, a home-rule municipal corporation located in Galveston and Harris Counties, Texas ("City"), BAYWOOD HOLDINGS LTD. CO. ("Owner"), owner of a 2.5014-acre tract of land, mare or less (the "Property"), located in Ciry of Friendswood Reinvestment Zone No. 1, and BAYWOOD MEDICAL ASSOCIATES, PA, ("Lessee"), lessee of the Property, and owner of the tangible personal property to be placed within facilities to be constructed thereon. 1. Authcrization. This Agreeme�t is authorized by tl-ie Property Redevelopment and Tax Abatement Act, Chapter 312, TEXAS TAX CODE, as it exists on the effective date hereof, and the Ciry of Friendswood Guidelines and Criteria for Granting Tax Abatement in a Reinvestment Zone ("Guidelines for Tax Abatement"), as adopted by the City Council of City on July 16, 2001. The Ciry Council has determined that the request for tax abatement presented by Owner and Lessee conforms to the criteria established in the Guidelines for Tax Abatement. 2. Defir�ed '�'erms. As used in this Agreement, the fellowir�g terms sh��l have t�he meanings set forth below: a. "Certified Appraised Value" shall mean the appraised value of the Property and existing impro>>ements as certified by the Galveston County Central Appraisal District. b. "Reinvestment Zone No. 1" shall mean that certain area qualifying for tax abatement pursuant to the Guidelines for Tax Abatement, and City of Friendswoo�i Ordinance No. 2002-_12 , a copy of which is attached hereto as E�ibit "A" and incorporated herein for all purposes. c. "Improvements" shall mean the buildings (or portions thereof) and other improvements to be used for health care purposes, which are erected or expanded by Owner on the Property (as contemplated by Section 6 herein) after the effective date of this Agreement. d. "Tangible Personal Properry" shall mean tangible personal property classified as such under state law, but excluding tangible personal property that was located on the Property at any time prior to the date of execution of this Agreement, and also excluding tangible personal property taxable by the City while owned by any party to this Agreement at any time prior improvements cunently located thereon, which tract of land is located within Reinvestment Zone No. 1. f. "City Council" shall mean the governing body of the Ciry of Friendswood, Texas. 3. Administration of Agreement. This Agreement shall be administered by the City Manager of the City. 4. Term. This Agreement shall be effective as of the date of execution hereof and shall continue through June 30, 2009, unless ternunated earlier, as provided elsewhere herein. Notwithstanding the foregoing, Owner's obligations upon default to pay City any taxes abated under this Agreement, and penalty and interest thereon as herein provided, shall not terminate until the abated taxes, plus penalty and ir�terest, are pa:d. 5. Tax Abatement. Subject to limitations imposed by law, and conditioned on the representations outlined in Section 6 herein below, there shall be granted and allowed hereunder to Owner and/or Lessee, as applicable, a property tax abatement at a rate of 100% in years 2003-2005, 80% in 2006, 60% in 2007, 40% in 2008, and 20% in 2009, on Improvements constructed or expanded hereunder on the Property; provided, however, if the Certified Appraised Value of the Property is less than the Certified Appraised Value for 2002, for any year uuiui�' �ii� ��.'�i i vi �iiiiS �i�ie�ii�ui� �u�ii uvu��iil�iii �ii�iii iiv� �i�3Yiy �v iu� Improvements to the extent of the difference between the Certified Appraised Value of the Property for such year and the Certified Appraised Value for 2002. The property tax abatement granted and allowed hereunder shall extend only to all real property ad valorem taxes assessable on the Improvements, as constructed or expanded. 6. Representations. a. (1) Owner will purchase the Property on or before October l, 2002; (2) Owner represents that it, and/or its Lessee, has or will have a taxable interest with respect to Improvements on the Property; (3) all Improvements placed on the Property will be completed in a workmanlike manner and will be completed in accordance with applicable rules, regulations and ordinances of the City of Friendswood in effect at the time such Improvements are erected; (4) the Certified Appraised Value of the TmprnyPmPntg �rerrl Tanitar�� 1� 7O�d� thrn�iblZ T1PrPmhPr ��, �nn9� �z�ill bP not less than $1,460,000; (5) Owner will commence construction of Improvements on or before November 1, 2002, and Owner will complete construction of Improvements on or before June 1, 2003, which - 2 - accordance �vith applicable rules, regulations and ordinances of the City of Friendswood in effect at the time such Improvements are erected; (4) the Certified Appraised Value of the Improvements and Tangible Personal Property from January 1, 2004, through December 31, 2009, will be not less than $1,538,000; (5) Owner will commence construction of Improvements on or before November 1, 2002, and Owner will complete construction of Improvements on or before June 1, 2003, which Improvements will have a Certified Appraised Value of not less than $1,460,000; (6) Owner and/or Lessee will place on the Property, before January 1, 2004, Tangible Personal Property (as that term is defined herein above, which definition excludes tangible personal property owned by any party hereto that was taxable by the City prior to the date of execution of this Agreement) having a total Certified Appraised Value of not less than $22,000 and will maintain on the Property said Tangible Personal Property or similar Tangible Personal Properry through B��,ember 31, 2009; (?) Owner ar�d/cr L,essee wi11 emp,cy, within two (2) years following the date of execution of this Agreement, not less than 30 full-time employees on the Property and will maintain this employment level on the Property during the remainder of the term of this Agreement; (8) Owner and Lessee have, as of the effective date of this Agreement, the fmancial resources to implement the above respective representations; (9) Owner and Lessee will not represent, verbally or in written form, that its facility as contemplated hereby is located elsewhere than in the City of Friendswcc�, Galves±on C�unty, Texas; (l�} Owner will r�quest its contractors to execute a separated construction contract for materials and labor to maximize, to the extent reasonably possible, without increasing project costs, sales taxes payable to the City of Friendswood for construction materials and labor used for the construction of the Improvements and will maximize, to the extent reasonably possible, without increasing project costs, sales tax payable to the City of Friendswood for new furnishings and equipment to be placed on the Property, it being the intention of the parties hereto that City sales tax for sales of material and labor for the Improvements and sales of furnishings and equipment to be placed on the Property shall be collected for the benefit of the City; and (11) Owner will comply with all applicable provisions of the Code of Ordinances of the City of Friendswood, Texas. b. City represents that (1) Reinvestment Zone No. 1 has been created in accordance with Chapter 312 of the TExAS TAx CoDE and the City of Friendswood Guidelines and Criteria for Granting Tax Abatement in a Reinvestment Zone, as both exist on the effective date of this Agreement; (2) the Property is within such Zone; and (3) the Property is located within the corporate limits of Ciry. - 3 - M— _ c. Owner, Lessee, and City represent that no member of the City Council or Planning Commission owns or leases the Property, Improvements, or Tangible Personal Property. d. Access to and Inspection of Property by Municipal Employees. Owner and Lessee shall allow City's employees and/or designated representatives of City access to the Improvements for the purpose of inspecting any Improvements erected to ensure that such Improvements are completed and maintained in accordance with the terms of this Agreement and to ensure that all terms and conditions of this Agreement are being met. All such inspections shall be made only after giving Owner and/or Lessee twenry- four (24) hours advance notice and shall be conducted in such a manner as to not unreasonably interfere with the construction and/or operation of the Improvements. All such inspections shall be made with one (1) or more representatives of Owner and/or Lessee and in accordance with all ap�licable safety sta�dards. �po� c��npletion ;,f �onstructior�, the designated representative of City shall annually evaluate each facility receiving abatement to ensure compliance with the Agreement, and a formal report shall be made to the City Council. e. On September lst of each year that this Agreement is in effect, Owner and Lessee shall certify to City, and to the governing body of each taxing unit, that Owner and Lessee are in compliance with each applicable term of this �4greement. Such certif�cation s�a1i include, but not be limite� ta, a brief descriptive summary regarding the nature of compliance with each representation contained in Section 6(a) of this Agreement that requires Owner and Lessee to use their best efforts. 7. Default. a. City may declare a default hereunder if (1) Owner and/or Lessee fails, refuses, or neglects to comply with any of the terms, conditions, or representations of this Agreement and fails to cure during the cure period; or (2) allows ad valorem taxes owed to City to become delinquent and fails either to cure during the cure period or to timely and properly follow the legal procedures for their protest or contest. b. If City declares a default of this Agreement, this Agreement shall terminate (after notice and opportunity to cure as provided for herein), and City, in such event, shall be entitled to recapture any and all property taxes, which have been abated as a result of this Agreement. City shall notify Owner and L,�ssee of any default in writing in the manner prescribed herein. The notice shall specify the basis for the declaration of default, and Owner and/or Lessee shall have thirty (30) days from the date of such notice to cure any default; provided, however, where fulfillment of - 4 - any obligation requires more than thirry (30) days, performance shall be commenced within thirty (30) days after the receipt of notice, and such performance shall be diligently continued until the default is cured. If the default cannot be cured, or if Owner fails to cure within the period herein specified, Owner and Lessee shall be jointly and severally liable for and will pay to City within thirty (30) days following the termination of this Agreement (1) the amount of all property taxes abated under this Agreement, (2) interest on the abated amount at the rate provided for in the Texas Tax Code for delinquent taxes, and (3) penalties on the amount abated in the year of default at the rate provided for in the Texas Tax Code for delinquent taxes. c. Notwithstanding any other provision contained herein to the contrary, in the event of termination of this Agreement due to default, City shall be entitled to recapture only property taxes which have been abated on Improvements ��d only pro�erry taxes tr�at have been abated �n Tangib:e Personal Property, plus applicable penalty and interest thereon as otherwise provided herein. 8. Changes in Tax Laws. The tax abatement provided in this Agreement is conditioned upon and subject to any changes in the state tax laws during the term of this Agreement. 9. Com.p:ia:ce ���it�� State ar.0 Local F.ep�alatior.s. Nothing :n this Agreeme^t shall be construed to alter or affect the obligations of Owner and Lessee to comply with any ordinance, rule, or regulation of City or laws of the State of Texas. 10. Assi�nment of Agreement. This Agreement may be assigned, with the approval by resolution of City, subject to the financial capacity of the assignee, and provided that all conditions and obligations in this Agreement are guaranteed by the execution of a new agreement with City. No assigrunent shall be approved if (a) City has declared a default hereunder that has not been cured, or (b) the assignee is delinquent in the payment of ad valorem taxes owed to City. Approval shall not be unreasonably withheld. 11. Conditions Precedent. This Agreement and the abatement granted herein is conditioned entirely upon (a) the approval of the City Council by the affirmative vote of a majoriry of the members present at a regularly scheduled meeting of the City Council, (b) Owner's purchase of the Property on or before October 1, 2002, and (c) Owner's commencement of construction of the Improvements on the Property on or before November 1, 2002. In the event Owner fails to purchase the Property or commence construction of the Improvements as herein provided, tYus Agreement shall automatically terminate as of the applicable date of such noncompliance as set forth above. - 5 - 12. Notice. All notices shall be in writing. If mailed, any notice or communication shall be deemed to be received three (3) days after the date of deposit in the United States mail, first-class, postage prepaid. Unless otherwise provided in this Agreement, all notices shall be delivered to the following addresses: If to Owner: Baywood Holdings Ltd. Co. 347 E. Parkwood Avenue Friendswood, Texas 77546-5147 Attn: Wanda P. Spuhler, President If to Lessee: Baywood Medical Associates, P.A. 347 E. Parkwood Avenue Friendswocd, Texas 77546-51�7 Attn: Wanda P. Spuhler, President To Ci�y�: City �f Friendswood 910 South Friendswood Drive Friendswood, Texas 77546 Attn: City Manager Any party may designate a different address by giving the other parties at least ten (10) days written notice in the manner prescribed above. 13. Entire ��r�ement. This Agreement contains the entire and �rtegrated ±ax abatement agreement between the parties and supersedes all other negotiations and agreements, whether written or oral. IN TESTIMONY OF WHICH, THiS AGRE�IVIENT has been execut�d b�� the parties as of the_��_ �1ay of .T„i �, , 2002. ATTEST: BAYWOOD HOLDINGS LTU. CO. ("Owner") � By: ��2���� , B C�f� � - . ��.�� , ,. y. � Name: � ��� �_ c t-'� Name: Cf:.l,-t-��f G- �'- ,,���.����..={ �'",�-���`.��-���' Title: ��-�� . Title: ,/�'i>-F.��,�'.�r� . . � � - 5 - A'I`TEST: BAYWOOD MEDICAL ASSOCIATF�,S,P.A. "Lessee" ' � � By: `� �-- By: l�.��-----�-- �r��' � Name: T� �--5�- ��C �� Name: ���{e-r- �E ��.�,��`��. Title �, �_.. Title: ��=�;;�'G:�`,,id ATTEST: CITY OF FRIENDSWOOD, TEXAS "City" � /1 � �- , � � By: By: ,�'� t�, -1-�- j r°a� Name: De oris McKenzie, T Name: Harold L. Whitaker Title: City Secretary Title: Mayor - 7 - �- i . • � � � EXHIBIT A • • o to the Agreement Y ORDINANCE NO. 2002-12 AN ORDINANCE CREATING REINVESTMENT ZONE NO. 1, SAME BEING THAT CERTAIN 2.5014 ACRE TRACT OF LAND WITHIN THE CITY OF FRIENDSWOOD, HARRIS AND GALVESTON COUNTIES, TEXAS, SAID 2.5014-ACRE TRACT BEING IN THE J. R. WILLIAMS OR SARAH MCKISSICK LEAGITE, VOLUIVIE 254, PAGE 72, IN THE �iiFr'r'ii� vr 1 I� C�JU1�'1 FY CLr.l'�.1� Vr ��ii.�S i viv Ci�t�iv i Y, i r.xAS, AND ALSO DESCRIBED AS LOT 52 AND PART OF LOT 51 OF THE ANTOINETTE VOSS SUBDIVISION, GALVESTON COUNTY, TEXAS; MAKING CERTAIN FINDINGS; REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES INCONSISTENT OR IN CONFLICT HEREWITH; AND PROVIDING FOR SEVERABI�ITY. � � � * � VdI�iEREAS, the City Council has passed and approved Guidelines and Criteria for Granting Tax Abatement in Reinvestment Zones Created in the City of Friendswood, Texas; and WHEREAS, pursuant to such Guidelines, the City Council has received an application for creation of a reinvestment zone and the granting of tax abatement; and WHEREAS, after the giving of proper notice, as required by law, the City Council held a public hearing where all interested persons were given an opportunity to speak and present evidence for and against the creation of Reinvestment Zone No. 1; and �rHEREAS, notice was given to all taxing entities where the proposed zone is to be located; and `vV�REti�, �'�� City Cour�cii has determined �hat the irr��,raverrients sought io be iacated within proposed Reinvestment Zone No. 1 are feasible and practical and would be a benefit to the land to be included in the Zone and to the Ciiy after the expiration of the tax abatement agreement; and 4�'HEREAS, the creation of Reinvestment Zone No. 1 will be reasonably likely, as a result of its creation, to contribute to the retention or expansion of primary employment, or to attract investment essential to the ciry's growth into the Zone, that would benefit the property located therein and that will contribute to the economic development of the City of Friendswood; now, therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FRIENDSWOOD, S�i'A i� f3F i��S: Section 1. The facts and matters set forth in the preamble of this Ordinance are hereby found to be true and correct. Section 2. Reinvestment Zone No. 1 is hereby created for the purpose of encouraging economic development through tax abatement. A description of the property that comprises said Reinvestment Zone No. 1 is attached hereto as E�iibit "A" and made a part hereof for all purposes. Improvements constructed, erected, or placed within Reinvestment Zone No. 1 as created hereby shall be eligible for tax abatement. aeciion 3. Tnis designaiion shaii be enective ior a period ot seven �7j years, co:��eacin� cn the �ate of ad��*icn hereof. Section 4. All ordinances or parts of ordinances inconsistent or in conflict herewith are, to the extent of such inconsistency or conflict, hereby repealed. Section 5. In the event any clause, phrase, provision, sentence, or part of this Ordinance or the application of the same to any person or circumstance shall for any reason be adjudged invalid or held unconstitutional by a court of competent jurisdiction, it shall not affect, impair, or invalidate this Ordinance as a whole or any part or provision hereof other than the part declared to be invalid or unconstitutional; an� the City Council of the City of Friendswood, �'2X2S, uECial'2S uiat it WOu�u i11V2 �aSSeC� �aCil ailu 2`v'21y 17�� vi t�Ie Saiile IlOtvvi�ISt2Il�lua �ile - 2. - / omission of any such part thus declared to be invalid or unconstitutional, whether there be one or more parts. PASSED AND APPROVED on this 3� day of 3une, 2002. PASSED, APPROVED, and ADOPTED on second and final reading this lst day of July 2002. CITY OF FRIENDSWOOD, TEXAS / ,� . `� �,�;�,.1?�� � , c — 6.—� �. Harold L. Whitaker Mayor ATTEST � � i � _. ' , ��f Deloris McKenzie, TIdMC - City Secretary - 3 - EXHIBIT "B" � October 26, 1995 STAT� Or TEXAS C6III�TTY Or FiARxIS ME.T.ES ANI) BO.LiNDS DESCR2PTI.�N The Surface of Lot 52 and part oi Lot S1 of the AI��TOINETTE VOSS SUBDT4ISIbN, J.R. Williams or Sar-ah McKissick League, Galveston County, Texas, according to the map or plat thereof recorded in volume 25d Page 72, in the Office of the County Clerk of Gal�reston County, Texas, being all of said "Lots 51 and 52 less: (a) the 1-acre tract conveyed to Stanley Crump, et ux on January 30, 1973; and less (b) the 0.14-acre tract conveyed to the State of Texas on December 12, 1985. The tract herein �escribed is more pa?-ticularly described �y ,,,e�es and bounde as. f oliows: B��-?�N=NG at a brass disc in concrete paving £ound for the point of intersection of the Northeaste,-1�. �our.dary of ��;e 0-la_ zcre *_rGct conveyed to the State of Te�cas mentio::ed above ar_d the So�theas�erly boundary of the aforementioned Lot 52, said point beincr tne most Southe:rly corner of the herein described tract or parcel; THENCE North 4�°00'00" East aiong Lhe common boundary of Lots 52, and 53 a distance of 536.19 feet (called 535 . 94 feet) to a 5/8'� iron rod found in the Southwesterly R.O.W. boundary of`Winding way fa eounty road, 60' R_p,ta, ) for the Northeasterly common .corner- of said Lots 52 and 53 and the most Easter.ly corner o� the herein described tract or parcel; THENCE North 45°O1'46" West alor.g the S�uthwesterly R.O.W. bounctary of said Winding Way, passing at 207.09 Leet the Northeasterly common c�rher of said Lots 51 and 52, and continuing for a total distance of 244.79 feet (called North 45°00' 00" West, 245.4 • feetl to a �� iron r�d most Northeriy corner of � s=� L�r the , , the herein ('J.a.g.rril�o4 `r.._� parce�, -. �a�:� or THENCE South 45°00'00° West along the Southeasterly boundary of the aforementioned Crump tract, a distznce of 354.04 feet tO a 3�8" iron rod founct iri the Northeasterly boundary of the aforement.ioned 0.14 acre tract conveyed to the State of Texas for the most Westerly corner of the herein described tract or parcel; THENCE South 08°22 ' 00'� Ea��t along the Northeasterly boundary of the aforementioned 0.14 acre tract conveyed to the State of Texas anci tlze pre.�Pr:t,t r7�y`��a��eriy K.�.W. boundary of F.M. 518 (South Friendswcoel Drive, 1.00' R.O.YJ, ) , passing at 46.98 feet the Southwesterl.y common corner of said Lots 51 and 52, and continuing for a total distance of 305.05 feet (called SoutH 08°26'3�° East, 305.51 feet) to the POINT Or BEGINNING; S4id �ract or pa-rLCl �„r:t���i.-ig 2.5�14 acres, more or less. PLAT ATTACHED ��'.�£�"'F rF 5..�.:,���:T�,;..�- � � -- ._ ....r F°�u� � �,� � �'� � . a�' �" � � /� c.7 �5� . L L ;��,=.J�" D. E. West P..�P.L.S. 22 �� �:.o � �:�..... . C":'.�,� ��-'Q .• "5''.:'�_�r., t i,..�''. , �-,:-,�51=?:� l,��� ' � :iUR�I�\ � GULLE7T & ASSOCIAT�S, INC. . F:�cq�D005�5U6D�95�9510u301.N&c