COMMUNITY MEETING D
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INVESTMENTS AND PROJECTS
May 2018
PRESENTATION OVERVIEW
N O R T H W E S T
Meeting Purpose & Goals History of the Northwest Site Key Components of the Adopted Regulating Plan Purpose of a Tax Increment Reinvestment Zone Proposed TIRZ 12 Other Existing and Proposed Zones Next Steps Questions
PRESENTATION PURPOSE
N O R T H W E S T
Purpose and Goals: • Review the history of the City-owned Northwest land located west of the Franklin Mountain State Park and east of Cimarron. • Explain the purpose of a Tax Increment Reinvestment Zone and how it can be used to ensure the Northwest land is developed as planned. • Answer questions about existing plans for the Northwest land and tax increment financing. • Gather feedback related to how TIF dollars can be spent to ensure the preservation of open space.
NOT Purpose and Goals: • Our goal is NOT to rezone the Northwest land or change the existing plan.
HISTORY OF THE NORTHWEST SITE June 1989
March 2009
April 2011
• First land transfer to Texas Parks and Wildlife (664.6 acres).
• Second land transfer to Texas Parks and Wildlife (210 acres).
• Initiative petition submitted and certified to preserve the northwest in its natural state and in perpetuity.
January 2012
September through December 2011
August 2011
• City held three charrettes to obtain public input for a plan that would serve as a compromise.
• Ordinance postponed to allow for charrette process to look at alternatives.
• Introduction of ordinance to preserve land in its natural state into perpetuity.
March 20, 2012
March 5, 2013
December 12, 2017
• Council selects development scenario and directs staff to rezone property to SmartCode.
• Approximately 1,700 acres rezoned to SmartCode. • Third land transfer to TPW (658 acres).
• PSB declares land inexpedient to its water system.
NORTHWEST PRESERVATION EFFORTS Date 658 Acres
Land Owned by City 1989
Acres
%
2,533.6
100.0
1989 Transfer to TPW
664.6
26.2
2009 Transfer to TPW
210.0
8.3
2013 Transfer to TPW
658.0
26.0
Preserved in Plan
249.5
9.8
1,782.1
70.3
TOTAL PRESERVED AS OPEN SPACE
*751.5 acres or 29.7% of original NW parcel is developable. **1,532.6 acres or 60.5% of original NW parcel has been transferred to TPW.
Summary of land transfers to Texas Parks & Wildlife
2012 PUBLIC PROCESS GOALS Provide a third option to the 2005 Master Plan or No Development; Involve the public in an open process; Design a place that is mixed-use, mixed-income, walkable & neighborly; Ensure conservation / access to nature;
2012 PUBLIC PROCESS
Technical Meetings: PSB, City of El Paso, TxDOT, Frontera Land Alliance, Open Space Advisory Board, Franklin Mountains State Park, Hikers, Bikers….
2012 PUBLIC PROCESS
Charrettes: 80+ attendees, 3 meetings, January 2011
2012 PUBLIC PROCESS KEY THEMES Preserve permanently; Protect view along Transmountain; Protect arroyos, animal & plant habitat; Create new entrance to state park; Create trailheads; Prioritize land near park for preservation.
NEW OPTION SELECTED On March 20, 2012, City Council selected Scenario 1 of four scenarios presented with the following caveat as recommended by the Open Space Advisory Board: •
Bridges to be used to cross arroyos;
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More parks or small parks;
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Minimum encroachment into arroyos.
Key Elements of the Scenario: •
Transmountain corridor remains scenic;
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New roadway leads to a potential new state park entrance;
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Maximum number of sellable units; and
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Reduced interference to arroyos.
REZONED TO SMARTCODE (MARCH 5, 2013) Open Space • Old Plan:
32% 454 acres
• New Plan: 57% 942 acres
Developable Land • Old Plan:
68% 1,182 acres
• New Plan: 43% 718 acres
OLD PLAN
NEW PLAN
NEIGHBORHOODS
Neighborhood green facing the Franklin Mountains.
ACCESS TO OPEN SPACE
COMMUNITY ENTRY
KEY COMPONENTS OF THE ADOPTED PLAN Development is clustered within definite boundaries surrounded by protected lands; Consideration was given to: • Existing topography to minimize grading; • Preservation of natural stormwater flow paths; • Wildlife movement patterns; • Potential noise sources; • Existing trail systems; and • Preservation of views.
KEY COMPONENTS OF THE ADOPTED PLAN Transect Zone Allocation Maximum Block Size Civic Space Playgrounds Density Requirements Street Network and Design Pedestrian, Bicycle & Trail Network
KEY COMPONENTS OF THE ADOPTED PLAN N O R T H W E S T
KEY COMPONENTS OF THE ADOPTED REGULATING PLAN
N O R T H W E S T
PURPOSE OF A TAX INCREMENT REINVESTMENT ZONE (TIRZ) • A TIRZ can be a valuable financing tool that can help facilitate investment to a designated area. • Taxing entities contribute ad valorem taxes received from incremental value increases on property within the zone. • A TIRZ can pay for: • Cost of public works; • Public improvements; • Economic development programs; or • Other projects benefiting the zone.
N O R T H W E S T
PURPOSE OF A TAX INCREMENT REINVESTMENT ZONE (TIRZ)
N O R T H W E S T
PURPOSE OF A TAX INCREMENT REINVESTMENT ZONE (TIRZ) • Chapter 311 of the Texas Tax Code outlines procedures for creating a TIRZ. Two main documents: • Creation Ordinance; and • TIRZ Project and Financing Plan
• Creation ordinance establishes four key elements: • Boundary; • Term; • TIRZ Board; and • Preliminary Project and Financing Plan
• Upon TIRZ creation, the Final Project and Financing Plan is approved by the TIRZ Board and then by City Council through a separate ordinance.
N O R T H W E S T
SUMMARY OF PROPOSED TIRZ 12 • The proposed El Paso TIRZ #12 is located in the northwest portion of the City of El Paso encompassing approximately 1,007 acres. The TIRZ is noncontiguous, and is bisected by Highway 375. • The purpose of the TIRZ is to encourage private development that will yield additional tax revenue to all taxing jurisdictions. • City is only participating taxing entity; its contribution will be determined with adoption of the Final Project and Financing Plan. The proposed term is 36 years (sunsets in December 2054).
N O R T H W E S T
SUMMARY OF PROPOSED TIRZ 12 • The proposed TIRZ #12 development is expected to facilitate the construction of a large scale mixed-use development totaling 9,455 housing units and approximately 829,400 square feet of new commercial space. • Projects eligible for TIRZ funding include: • Water Facilities and Improvements • Sanitary Sewer Facilities and Improvements • Storm Water Facilities and Improvements • Transit/Parking Improvements • Street and Intersection Improvements • Open Space, Park and Recreation Facilities and Improvements • Economic Development Grants • Administrative Costs
N O R T H W E S T
OTHER EXISTING AND PROPOSED ZONES • TIRZ 5 (Downtown) • TIRZ 6 (Medical Center of the Americas) • TIRZ 7 (Northgate) • TIRZ 9 (Eastside Sports Complex) • TIRZ 10 (Water Tank Site) – Expansion through 10a • TIRZ 11 (Cohen Site) – Proposed • TIRZ 12 (Northwest) – Proposed
N O R T H W E S T
NEXT STEPS May 9
May 15
May 29
• Meet with OSAB to obtain initial feedback.
• First reading of creation ordinance at City Council.
• Public Hearing at City Council for creation of TIRZ 12.
June 26
June 12
June 6
• Public Hearing at City Council for adoption of TIRZ 12 Final Project and Financing Plan.
• TIRZ Board meeting to recommend approval of the Final Project and Financing Plan. • First reading of ordinance adopting the Final Project and Financing Plan.
• Return to TIRZ for second round of feedback on Final Plan.
THANK YOU Elizabeth Triggs Director, Economic and International Development City 3 – 801 Texas 2nd floor
TRIGGSEK@ E L PA S O T E X A S . G O V
915-212-0094
E L PA S O T E X A S . G O V / ECONOMIC-DEVELOPMENT