Item 6I CITY OF
S0UTHLA1<-, E
MEMORANDUM
September 27, 2016
TO: Southlake City Council
FROM: Kenneth M. Baker, Sr. Director of Planning and Development
Services
SUBJECT: Item 61 - CP16-005, Ordinance 1161, Consider adoption of Southlake
Economic Development Plan, an element of the Southlake 2035
Comprehensive Plan.
Action
Requested: Consider adoption of the Economic Development Plan (2nd Reading
CP16-005/Ordinance 1161), an element of the Southlake 2035
Plan.
Background
Information: It is important for the City of Southlake is to sustain a strong and
healthy economy. A healthy economy is the foundation of a livable
city. In Southlake, it is critical that a dynamic and sustainable
economic environment be fostered and maintained. Vibrant
commercial and office sectors make it possible to maintain a stable
tax rate, meet service level expectations and even offer targeted tax
relief through tools such as the homestead exemption.
The purpose of the Southlake 2035 Economic Plan Development
plan is to provide a blue print to ensure that economic development
occurs in a successful manner and is aligned with the goals of the
city. The plan accomplishes this through a series of
recommendations that lay outs efforts, programs and departmental
work plan initiatives.
The development of the plan was overseen by the Community
Enhancement and Development Corporation (CEDC). City Council
appointed this board to oversee the develop the plan. One of the
primary goal of the CEDC is monitor the implementation of the
Economic Development Plan.
CP16-005 Page 1
The CEDC is also currently working on the Tourism Master Plan
and it is expected that the Planning and Zoning Commission will
consider that 2035 plan element later this year.
In City Council's packet please find a copy of the plan. The City is
beginning the Southlake 2035 Plan process. This plan is the first
component of the Southlake 2035 plan to be considered for
adoption.
Financial
Considerations: None.
Strategic Link: The Economic Development Plan relates primarily to the following
focus areas (FA) and strategies of the City's strategy map.
FA — Quality Development
FA — Partnerships and Volunteerism
C4 —Attract & keep top-tier businesses to drive a dynamic &
sustainable economic environment
Citizen Input/
Board Review: The CEDC held three meetings on the Plan which are listed below.
All meeting were open to the public.
• March 2, 2016
• April 26, 2016
• June 28, 2016
The CEDC approve (7-0) the proposed Southlake 2035 Economic
Development Master Plan as presented at it June 28, 2016
meeting.
A SPIN meeting on the proposed plan was held on August 9, 2016.
The Planning and Zoning Commission held a public hearing on the
proposed Economic Development Plan at its August 16, 2016
meeting and recommended approval (4-0).
City Council approved on consent at its September 6, 2016 meeting
(7-0)
City Council tabled this item on consent at its September 20,2016
meeting (6-0).
Attachment A - Proposed 2035 Economic Development Plan
Attachment B — SPIN Report
Attachment C — PowerPoint Presentation
CP16-005 Page 2
ORDINANCE NO. 1161
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
SOUTHLAKE, TEXAS, ADOPTING THE ECONOMIC DEVELEOPMENT
PLAN AS AN ELEMENT OF THE SOUTHLAKE 2035
COMPREHENSIVE PLAN AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the City of Southlake, Texas is a home rule city acting under its charter
adopted by the electorate pursuant to Article XI, Section 5 of the Texas Constitution and
Chapter 9 of the Local Government Code; and
WHEREAS, Section 11 .06 of the Southlake City Charter provides for the adoption and
updating of a Comprehensive Master Plan and its components; and
WHEREAS, the City Council desires effective Economic Development programs and
policies that attract & keep top-tier businesses to drive a dynamic & sustainable
economic environment; and
NOW, THEREFORE, BE IT ORDIANED BY THE CITY COUNCIL OF THE CITY OF
SOUTHLAKE, TEXAS:
SECTION 1 Pursuant to Section 11 .06 of the Southlake City Charter, the
Comprehensive Master Plan, of which the Economic Development
Plan is a component, may be submitted in whole or in part from
time to time to the Council for their adoption, accompanied by a
recommendation by the Planning and Zoning Commission, and
shall contain a planning consideration for a period of at least ten
(10) years. The Economic Development Plan is noted by written
description in Exhibit "A".
SECTION 2 The different elements of the Comprehensive Master Plan, as
adopted and amended by the City Council from time to time, shall
be kept on file in the office of the City Secretary of the City of
Southlake, along with a copy of the minute order of the Council so
adopting or approving same. Any existing element of the
Comprehensive Master Plan which has been heretofore adopted by
the City Council shall remain in full force and effect until amended
by the City Council as provided herein.
SECTION 3
This ordinance shall become effective on the date of approval by
the City Council and subject to the City Council motion as indicated
CP16-005 Page 3
on Exhibit "B".
PASSED AND APPROVED on the 1st reading day of , 2016.
CITY OF SOUTHLAKE
By:
Laura Hill, Mayor
ATTEST:
Lori Payne
City Secretary
PASSED AND APPROVED on the 2nd reading day of , 2016.
CITY OF SOUTHLAKE
By:
Laura Hill, Mayor
ATTEST:
Lori Payne
City Secretary
CP16-OOS Page 4