Video index

INVOCATION: Gene Shelburne, Anna Street Church of Christ

1. MINUTES: Overview: Approval of the City Council minutes of the regular meeting held on March 10, 2015.

2. ORDINANCE NO. 7521: Overview: This is the first reading of an ordinance changing a 476.07 acre tract an unplatted of land in Section 173, Block 2, AB&M Survey, Randall County, from Agricultural District and Industrial District 1 to Residential District 3, in the vicinity of Southeast 46th Avenue and Tradewind Street. This is recommended for approval by a 7:0 vote of the Planning and Zoning Commission.

3. ORDINANCE NO. 7522: Overview: This is the first reading of an ordinance changing the zoning of a 1.15 acre tract of land, in Section 157, Block 2, AB&M Survey, Potter County, from Residential District 3 to General Retail District, in the vicinity of Northeast 24th Avenue and Hayes Street. This is recommended for approval by a 6:0:1 vote of the Planning and Zoning Commission.

4. ORDINANCE NO. 7519: Overview: This item is the second and final reading of an ordinance making substantive revisions to Chapter 2-6 of the Amarillo Municipal Code regarding City Boards and Commissions. The proposed changes are designed to increase the efficiency of the Boards structure, provide guidance to Board members and staff and make general updates to the Board process. Other changes include the size of certain Boards, changes to reflect that most Boards will no longer be called 'commissions' and the elimination of defunct boards plus the addition of existing boards to this chapter that were not previously included.

5. ORDINANCE NO. 7520: Overview: This item is the second and final reading of an ordinance making revisions to Chapter 2-5 of the Amarillo Municipal Code to conform certain provisions pertaining to the Civil Service Commission and the Zoning Board of Adjustment to the revisions to Chapter 2-6 above.

6. RESOLUTION: Overview: This resolution approves the Amarillo City Transit Department's Title VI, Limited English Proficiency and Public Engagement Plans as required the Federal Transit Administration of the Department of Transportation. The Plan is revised every three years. The Plan was available for public comment for ten (10) days. No comments have been received.

7. APPROVAL - TAX INCREMENT REINVESTMENT ZONE #1 PROJECT AGREEMENT:
Parties: SPS Amarillo TX Landlord, LLC and Tax Increment Reinvestment Zone #1
Overview: This item approves a Tax Increment Reinvestment Zone #1 (TIRZ) incentive request supporting the development of a new corporate headquarters building for Xcel Energy/Southwestern Public Service Company (SPS). The proposed project is an approximately 114,000 s.f. multistory office building and 590 stall parking garage with an associated private capital investment of approximately $42 million. This project is associated with other efforts from the Amarillo Economic Development Corporation and the City of Amarillo to construct the first new large-scale office building in downtown Amarillo in decades. The City participation will be an exchange of land for an equivalent amount of parking in the new structure.
The requested TIRZ participation is to rebate 90% of real property tax revenue paid on the incremental increase in the property's taxable value, as a result of the investment and development of the project for a period of 18 years, which coincides with the expiration of TIRZ #1 in 2036. The purpose of this rebate is to provide an incentive for SPS to retain their Amarillo headquarters and associated 229 full time employees in downtown Amarillo. The project is consistent with the approved TIRZ #1 "Final Project and Financing Plan" goals which guides the operation of the TIRZ and specifies the creation of Office/Commercial/Retail space as one of the Key Goals for the use of incentives.
The project is consistent with the TIRZ #1 Project and Financing Plan and the Amarillo Downtown Strategic Action Plan and is recommended for approval by a unanimous vote of the TIRZ #1 Board of Directors. This project has received favorable review comments from the Potter County Commissioners Court.

8. APPROVAL - AMARILLO ECONOMIC DEVELOPMENT CORPORATION PROJECT:
Grantee - Xcel/Energy Southwestern Public Service Company
Not to Exceed - $1,500,000
Overview: This item approves an Amarillo Economic Development Corporation (AEDC) Project to support the new corporate headquarters building for Xcel Energy /Southwestern Public Service Company (SPS). The proposed project is an approximately 114,000 s.f. multistory office building and 590 stall parking garage as described above. The private capital investment for the project including land and construction is estimated at $42 million. This AEDC project is associated with other efforts from the Tax Increment Reinvestment Zone #1 and the City of Amarillo.
The AEDC grant is in an amount not to exceed $1.5 million, which will be used for site improvements. AEDC grant participation requires Xcel/SPS to meet job retention performance measures which will be evaluated annually and includes new job creation. The project is recommended for approval by a 4:0 vote of the Amarillo Economic Development Corporation Board of Directors.

9. CONSENT AGENDA: Overview: It is recommended that the following items be approved and that the City Manager be authorized to execute all documents necessary for each transaction:

PUBLIC FORUM

Mar 17, 2015 City Council Regular Meeting

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INVOCATION: Gene Shelburne, Anna Street Church of Christ

1. MINUTES: Overview: Approval of the City Council minutes of the regular meeting held on March 10, 2015.

2. ORDINANCE NO. 7521: Overview: This is the first reading of an ordinance changing a 476.07 acre tract an unplatted of land in Section 173, Block 2, AB&M Survey, Randall County, from Agricultural District and Industrial District 1 to Residential District 3, in the vicinity of Southeast 46th Avenue and Tradewind Street. This is recommended for approval by a 7:0 vote of the Planning and Zoning Commission.

3. ORDINANCE NO. 7522: Overview: This is the first reading of an ordinance changing the zoning of a 1.15 acre tract of land, in Section 157, Block 2, AB&M Survey, Potter County, from Residential District 3 to General Retail District, in the vicinity of Northeast 24th Avenue and Hayes Street. This is recommended for approval by a 6:0:1 vote of the Planning and Zoning Commission.

4. ORDINANCE NO. 7519: Overview: This item is the second and final reading of an ordinance making substantive revisions to Chapter 2-6 of the Amarillo Municipal Code regarding City Boards and Commissions. The proposed changes are designed to increase the efficiency of the Boards structure, provide guidance to Board members and staff and make general updates to the Board process. Other changes include the size of certain Boards, changes to reflect that most Boards will no longer be called 'commissions' and the elimination of defunct boards plus the addition of existing boards to this chapter that were not previously included.

5. ORDINANCE NO. 7520: Overview: This item is the second and final reading of an ordinance making revisions to Chapter 2-5 of the Amarillo Municipal Code to conform certain provisions pertaining to the Civil Service Commission and the Zoning Board of Adjustment to the revisions to Chapter 2-6 above.

6. RESOLUTION: Overview: This resolution approves the Amarillo City Transit Department's Title VI, Limited English Proficiency and Public Engagement Plans as required the Federal Transit Administration of the Department of Transportation. The Plan is revised every three years. The Plan was available for public comment for ten (10) days. No comments have been received.

7. APPROVAL - TAX INCREMENT REINVESTMENT ZONE #1 PROJECT AGREEMENT:
Parties: SPS Amarillo TX Landlord, LLC and Tax Increment Reinvestment Zone #1
Overview: This item approves a Tax Increment Reinvestment Zone #1 (TIRZ) incentive request supporting the development of a new corporate headquarters building for Xcel Energy/Southwestern Public Service Company (SPS). The proposed project is an approximately 114,000 s.f. multistory office building and 590 stall parking garage with an associated private capital investment of approximately $42 million. This project is associated with other efforts from the Amarillo Economic Development Corporation and the City of Amarillo to construct the first new large-scale office building in downtown Amarillo in decades. The City participation will be an exchange of land for an equivalent amount of parking in the new structure.
The requested TIRZ participation is to rebate 90% of real property tax revenue paid on the incremental increase in the property's taxable value, as a result of the investment and development of the project for a period of 18 years, which coincides with the expiration of TIRZ #1 in 2036. The purpose of this rebate is to provide an incentive for SPS to retain their Amarillo headquarters and associated 229 full time employees in downtown Amarillo. The project is consistent with the approved TIRZ #1 "Final Project and Financing Plan" goals which guides the operation of the TIRZ and specifies the creation of Office/Commercial/Retail space as one of the Key Goals for the use of incentives.
The project is consistent with the TIRZ #1 Project and Financing Plan and the Amarillo Downtown Strategic Action Plan and is recommended for approval by a unanimous vote of the TIRZ #1 Board of Directors. This project has received favorable review comments from the Potter County Commissioners Court.

8. APPROVAL - AMARILLO ECONOMIC DEVELOPMENT CORPORATION PROJECT:
Grantee - Xcel/Energy Southwestern Public Service Company
Not to Exceed - $1,500,000
Overview: This item approves an Amarillo Economic Development Corporation (AEDC) Project to support the new corporate headquarters building for Xcel Energy /Southwestern Public Service Company (SPS). The proposed project is an approximately 114,000 s.f. multistory office building and 590 stall parking garage as described above. The private capital investment for the project including land and construction is estimated at $42 million. This AEDC project is associated with other efforts from the Tax Increment Reinvestment Zone #1 and the City of Amarillo.
The AEDC grant is in an amount not to exceed $1.5 million, which will be used for site improvements. AEDC grant participation requires Xcel/SPS to meet job retention performance measures which will be evaluated annually and includes new job creation. The project is recommended for approval by a 4:0 vote of the Amarillo Economic Development Corporation Board of Directors.

9. CONSENT AGENDA: Overview: It is recommended that the following items be approved and that the City Manager be authorized to execute all documents necessary for each transaction:

PUBLIC FORUM

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