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HomeMy WebLinkAboutORD 2026-06 - Reinvestment Zone 2026-01ORDINANCE NO. 2026-()�? An Ordinance of the City Council of the City of Georgetown, Texas, designating Reinvestment Zone No. 2026-001; providing eligibility of the zone for commercial -industrial tax abatement; containing findings that the area qualifies to be designated as a reinvestment zone and the improvements sought are feasible and practicable and of benefit to the land and the City; providing a repealing clause; providing a severability clause; and providing an effective date. Whereas, the City Council of the City of Georgetown, Texas, has caused notice to be published in a newspaper having general circulation in the City and has delivered such notice to the presiding officer of the governing body of each taxing unit that includes in its boundaries real property described herein that is to be included in the proposed reinvestment zone described herein; and Whereas, the City Council of the City of Georgetown, Texas, has conducted a public hearing on the designation of the area described herein as a reinvestment zone on January 13, 2026 at 6:00 p.m. in the Council Chambers at the City Hall at which interested parties were allowed to speak and present evidence for or against the designation; Now, therefore, be it ordained by the City Council of the City of Georgetown, Texas, that: Section 1. The City Council of the City of Georgetown, Texas, finds that the area described herein will, if designated as a reinvestment zone, be reasonably likely to contribute to the retention or expansion of primary employment, or to attract major investment in the zone that will be of benefit to the property and contribute to the economic development of the City. The City Council further finds that the improvements sought are feasible and practicable and would be of benefit to the land to be included in the zone and to the City after the expiration of a tax abatement agreement. Section 2. Pursuant to the provisions of Section 312.201 of the Texas Tax Code, the property described in Exhibit "A" attached hereto and made a part hereof for all purposes is hereby designated as a reinvestment zone and for identification is assigned the name "Reinvestment Zone No. 2026- 001" or the "Baer. Zone". Section 3. The property within Reinvestment Zone No. 2026-001 is eligible for commercial - industrial tax abatement effective on January 1, 2026. Section 4. All provisions of the ordinances of the City of Georgetown, in conflict with the provisions of this Ordinance be, and the same are hereby, repealed, and all other provisions of the ordinances of the City of Georgetown not in conflict with the provisions of this Ordinance shall remain in full force and effect. Section S. Should any sentence, paragraph, subdivision, clause, phrase, or section of this Ordinance be adjudged or held to be unconstitutional, illegal, or invalid, the same shall not affect the validity of this Ordinance as a whole or a part or provision thereof other than the part thereof decided to be unconstitutional, illegal, or invalid. Ordinance Number: 2026-0(4 Page 1 of 4 Description: Designatiny- Reinvestment Zone No. 2026-001 Case File Number: TIRZ 2026-01 Date Approved: January 27, 2026 Exhibits Attached Section 6. This Ordinance shall take effect immediately from and after its passage and the publication of the caption, as the law and charter in such cases provide. APPROVED on First Reading on the 13th day of January 2026. APPROVED ND ADOPTED on Second THE CITY O GEO GETOWN: Josh Sch Mayor APPROVED AS TO FORM: S4�clksoii, City Attorney Ordinance Number: 2026- Description: Date Approved: January 27, 2026 the 27th day of January 2026. ATTEST: Robyn Den ore City Secretary Page 2 of 4 Case File Number: Exhibits Attached 4898-7653-2847, v. 1 Exhibit "A" Reinvestment Zone Location FIELD NOTE DESCRIPTION OF 65.527 ACRE TRACT OF LAND IN THE CITY OF GEORGETOWN, IN THE WILLIAM ROBERTS SURVEY, ABSTRACT NO.524, WILLIAMSON COUNTY, TEXAS; BEING OUT OF LOT 1, BLOCK A, JACKSON SHAW GEORGETOWN, PHASE 2, A LEGAL SUBDIVISION AS SHOWN ON PLAT RECORDED IN DOCUMENT NO.2023032949, OF THE OFFICIAL PUBLIC RECORDS OF WILLIAMSON COUNTY, TEXAS (O.P.R.W.C.T.); AND BEGIN MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: COMMENCING AT A 1/2" IRON ROD WITH PLASTIC CAP STAMPED "FOREST" FOUND, IN THE WESTERLY RIGHT-OF-WAY LINE OF NORTH INTERSTATE 35, FOR THE NORTHEAST CORNER OF SAID LOT 1, BLOCK A, SAME BEING THE SOUTHEAST CORNER OF A CALLED 72.32 ACRE TRACT OF LAND DESCRIBED TO JAMES C. NIEMANN, AS SHOWN ON VOLUME 886, PAGE 335, O.P.R.W.C.T.; THENCE, WITH SAID WESTERLY RIGHT-OF-WAY LINE OF NORTH INTERSTATE 35, SAME BEING THE EAST BOUNDARY LINE OF SAID LOT 1, BLOCK A, SOUTH 13°56'05" WEST, A DISTANCE OF 59.80 FEET TO A 1/2" IRON ROD WITH PLASTIC CAP STAMPED "PACHECO KOCH" FOUND, IN SAID WESTERLY RIGHT-OF-WAY LINE OF NORTH INTERSTATE 35, FOR THE SOUTHEAST CORNER OF SAID LOT 1, BLOCK A, SAME BEING THE NORTHEAST CORNER OF LOT 2, BLOCK A, JACKSON SHAW GEORGETOWN, PHASE 1, A LEGAL SUBDIVISION AS SHOWN ON PLAT RECORDED IN DOCUMENT NO. 2022058987, O.P.R.W.C.T.; THENCE, WITH THE COMMON SOUTH LINE OF SAID LOT 1, BLOCK A AND THE NORTH LINE OF SAID LOT 2, BLOCK A, THE FOLLOWING TWO (2) COURSES AND DISTANCES: 1. SOUTH 70039'45" WEST, A DISTANCE OF 236.41 FEET TO A 1/2" IRON ROD WITH PLASTIC CAP STAMPED "PACHECO KOCH" FOUND; 2. SOUTH 69029'28" WEST, A DISTANCE OF 1,484.73 FEET TO A 1/2" IRON ROD WITH PLASTIC CAP STAMPED "WESTWOOD 512-485-0831" SET, FOR THE POINT OF BEGINNING; THENCE, CONTINUING WITH SAID SOUTH BOUNDARY LINE OF LOT 1, BLOCK AND SAID NORTH BOUNDARY LINE OF LOT 2, BLOCK A, SOUTH 69°29'28" WEST, AT A DISTANCE OF 920.96 FEET PASSING A 1/2" IRON ROD FOUND IN SAID SOUTH BOUNDARY LINE OF LOT 1, BLOCK A, FOR THE NORTHWEST CORNER OF SAID LOT 2, BLOCK A, SAME BEING THE NORTHEAST CORNER OF A CALLED 54.3 ACRE Ordinance Number: 2026-_ Page 3 of 4 Description: Uctiitnatin<( Reinvestment Zone No. 2026-001 Case File Number: TIRZ 2026-01 Date Approved: January 27, 2026 Exhibits Attached TRACT OF LAND DESCRIBED IN DEED TO IRINA I. FAYERBERG, ET ALL, AS SHOWN ON DOCUMENT NO. 2014088568, O.P.R.W.C.T.; IN ALL A DISTANCE OF 1,241.14 FEET TO A 1/2" IRON ROD FOUND IN SAID SOUTH BOUNDARY LINE OF LOT 1, BLOCK A, SAME BEING THE NORTH BOUNDARY LINE OF SAID 54.3 ACRE TRACT; THENCE, CONTINUING WITH SAID SOUTH BOUNDARY LINE OF LOT 1, BLOCK A, AND SAID NORTH BOUNDARY LINE OF SAID 54.3 ACRE TRACT SOUTH 69003,33" WEST, A DISTANCE OF 499.97 FEET TO A 1/2" IRON ROD FOUND, FOR THE SOUTHEAST CORNER OF A CALLED 33.63 ACRE TRACT OF LAND DESCRIBED TO SAN GABRIEL INVESTMENTS, LTD. AS SHOWN ON INSTRUMENT RECORDED IN DOCUMENT NO. 2004079454, O.P.R.W.C.T.; AND THE SOUTHWEST CORNER OF SAID LOT 1; THENCE, DEPARTING SAID NORTH BOUNDARY LINE OF THE 54.3 ACRE TRACT, WITH THE WEST BOUNDARY LINE OF SAID LOT 1, BLOCK A, SAME BEING THE EAST BOUNDARY LINE OF SAID 33.63 ACRE TRACT AND THE EAST BOUNDARY LINE OF LOT 1, BLOCK 1, GRACE ACADEMY SUBDIVISION, A LEGAL SUBDIVISION AS SHOWN ON PLAT RECORDED IN CABINET CC, SLIDE 339, O.P.R.W.C.T.; NORTH 21°34'02" WEST, A DISTANCE OF 1,626.00 FEET TO A 1/2" IRON ROD FOUND, IN THE SOUTH BOUNDARY LINE OF A CALLED 279.54 ACRE TRACT OF LAND DESCRIBED TO LINDA IRVINE STRONG, ET AL AS SHOWN ON INSTRUMENT RECORDED IN DOCUMENT NO. 2019068288, O.P.R.W.C.T.; FOR THE NORTHWEST CORNER OF SAID LOT 1, BLOCK A, SAME BEING THE NORTHEAST CORNER OF SAID LOT 1, BLOCK 1; THENCE, WITH THE NORTH BOUNDARY LINE OF SAID LOT 1, BLOCK A, AND SAID SOUTH BOUNDARY LINE OF THE 279.54 ACRE TRACT, NORTH 69002'13" EAST, A DISTANCE OF 1,762.12 FEET TO A 1/2" IRON ROD WITH PLASTIC CAP STAMPED "WESTWOOD 512-485-0831" SET; THENCE, ACROSS SAID LOT 1, BLOCK A, SOUTH 20°49'35" EAST, A DISTANCE OF 1,635.94 FEET TO POINT OF BEGINNING AND CONTAINING 65.527 ACRES OF LAND, MORE OR LESS, IN WILLIAMSON COUNTY, TEXAS Ordinance Number: 2021- Page 4 of 4 Description: Case File Number: Date Approved: Exhibits Attached 4898-7653-2847, v. 1