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1197ORDINANCE NO. 1197 AN ORDINANCE OF THE CITY OF SOUTHLAKE, TEXAS, APPROVING AN AMENDED PROJECT PLAN AND FINANCING PLAN FOR TAX INCREMENT REINVESTMENT ZONE NUMBER ONE, CITY OF SOUTHLAKE, TEXAS; EXTENDING THE TERM OF THE REINVESTMENT ZONE; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Council of the City of Southlake, Texas passed Ordinance 682 creating Reinvestment Zone Number One, City of Southlake (the "Reinvestment Zone") as authorized by the Tax Increment Financing Act, Texas Tax Code, Chapter 311 (the "Act") on September 23, 1997; and WHEREAS, the City, after public hearing, passed Ordinance 682-A expanding the Reinvestment Zone boundaries from 256 acres to 408 acres on December 2, 1997; and WHEREAS, the City Council of the City of Southlake, Texas passed Ordinance 690 approving the project plan and financing plan for the Reinvestment Zone on December 16, 1997; and WHEREAS, the City Council of the City of Southlake, Texas City, after public hearing, passed Ordinance 752 amending the project and financing plan on August 17, 1999; and WHEREAS, on August 7, 2018, the Board of Directors adopted an amended project plan and financing plan (the "Amended Plans") for the Reinvestment Zone; and WHEREAS, the Amended Plans anticipate extending the term of the Reinvestment Zone; and WHEREAS, the City Council, after proper hearing and notice as required by the Act, desires to approve the Amended Plans and extend the term of the Reinvestment Zone. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SOUTHLAKE, TEXAS: SECTION 1: The facts and recitations contained in the recitals of this ordinance are hereby found and declared to be true and correct and are incorporated herein for all purposes. SECTION 2: The Amended Plans, attached hereto as Exhibit "A", are approved. SECTION 3: The term of the Reinvestment Zone is extended so that the Reinvestment Zone terminates upon the earlier of: (a) December 31, 2038; or (b) the date when all projects costs, as further described and detailed within the Amended Plans, are paid. SECTION 4: If any section, paragraph, clause or provision of this Ordinance shall for any reason be held to be invalid or unenforceable, the invalidity or unenforceability of such section, paragraph, clause or provision shall not affect any of the remaining provisions of this Ordinance. SECTION 5: This Ordinance shall take effect and be in force immediately from and after its passage on the date shown below. PASSED ON FIRST READING, August 7, 2018. PASSED ON SECOND READING AND ADOPTED, this the 4th day of September, 2018. ATTEST: 6AW L4-444:�� Carol Borges, TRMC City Secretary APPROVED AS TO LEGALITY: l n City Attorney CITY OF„SOUTHLAKE, TEXAS Lau in, mayor EXHIBIT "A" Amended Plans S� 1 S� Its a tz 0 V � ts Q 4-1 o � "� U r� M N cn 7w 0 9 C CL U Q 0 Q- v I V v CL li v 0 W 8: «. AW s 07 -zlz Fz +, N p V_ 4- 3 _ L 1 C +L+ 'p 3 Ln O 41 ro w v O � i p 41 C CL -O t+ E 4' c -0 > >. 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FUARY2674582 *** MEMO INVOICE *** 23 TOTAL AMOUNT DUE $37.64 SALES REP 24 ADVERTISER INFORMATION BILLING PERIOD 6 BILLED ACCOUNT NUMBER ADVERTISERICLIENT NUMBER 2 ADVERTISERICLIENT NAME Christine Lopez 09/11/2018 600637 600637 CITY OF SOUTHLAKE MAKE CHECKS PAYABLE TO Star -Telegram Star -Telegram -Advertising CITY OF SOUTHLAKE PO BOX 51847 1400 MAIN ST Livonia, MI 48151 STE 440 SOUTHLAKE, TX 76092-7604 Billing: Contact Sales Rep. Credit: Email ssccreditandcollections@mcclatchy.com Payment is due upon receipt. /^ 'TM ��aa 10 11 NEWSPAPER 12 id 13 115 i6 BILLED t1 TIMES LJ 1e START STOP REFERENCE DESCRIPTION PRODUCT SAU SIZE UNITS RUN RATE AMOUNT 08/15 08/15 0003808148 21800121-000, ORD NO 1197 Telegram 1 x 24 L 24 1 $1.36 $32.64 08/15 08/15 0003808148 21800121-000, ORD NO 1197 Upsell ST.Com 1 x 24 L 2; 1 $0.21 $5.00 Invoice Total $37.64 THIS IS A MEMO INVOICE AND MAY OR MAY NOT REFLECT ALL CHARGES OR CHANGES THAT OCCUR ON THE FINAL INVOICE. Star'l�legram PLEASE DETACH AND RETURN LOWER PORTION WITH YOUR REMITTANCE MEDIA Star -Telegram - Advertising PO BOX 51847 Livonia, MI 48151 *** MEMO INVOICE *** Star -Telegram Star -Telegram - Advertising PO BOX 51847 Livonia, MI 48151 1 BILLING PERIOD 2 1 ADVERTISERICLIENT NAME 09/11/2018 CITY OF SOUTHLAKE 23 TOTAL AMOUNT DUE 3 TERMS OF PAYMENT $37.64 Upon Receipt 4 1 PAGES 5 BILLING DATE 1 09/11/2018 11 NEWSPAPER REFERENCE 0003808148 6 BILLED ACCOUNT NUMBER 600637 7 ADVERTISERICLIENT NUMBER 600637 Star-Telegrj;p Arlington Citizen -Journal i The Keller Citizen I La Estrella Mansfield News -Mirror i Star -Telegram Northeast i Weatherford Star -Telegram star-telegram.com 1808 Throckmorton St. I Ft Worth, Tx. 76102.63151800.776.7827 jV'ED 2018 AFFIDAVIT OF PUBLICATIOMFFICE OF CITY SECRETARY Account # Ad Number I Identification I PO Amount Cols Depth 600637 0003808148 On September 4, 2018, immediately following 21800121-000 $37.64 1 24.00 Li Attention: Amy Shelley CITY OF SOUTHLAKE 1400 MAIN ST STE 440 SOUTHLAKE, TX 760927604 ON SEPTEMBER 4, 2018, IMMEDIATELY FOLLOWING THE WORK SESSION, BUT NO EARLIER THAN 7:00 P.M., THE CITY COUNCIL WILL CONDUCT A PUBLIC HEARING IN THE COUNCIL CHAMBERS, LOCATED AT 1400 MAIN STREET, SOUTHLAKE, TEXAS ON THE FOLLOWING ORDINANCE: ORDINANCE NO. 1197 AN ORDINANCE OF THE CITY OF SOUTHLAKE, TEXAS, APPROV- ING AN AMENDED PROJECT PLAN AND FINANCING PLAN FOR TAX INCREMENT REIN- VESTMENT ZONE NUMBER ONE, CITY OF SOUTHLAKE, TEXAS; EXTENDING THE TERM OF THE REINVESTMENT ZONE; PROVIDING SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE. ON SEP MBER 4, 2018 IM OIl1 Y FOLLOWNG THEARL TN $�� ,p BUT THE CITY COUNCIL WILL CONDUCT A PUBLIC HEARING 1N THE COUNCIL CHAMBERS, LOCATED AT 1400 MAIN STREET, SOUTHLAKE, TEXAS ON THE FOLLOWING ORDINANCE: ORDINANCE NO. 1197 AN ORDINANCE OF THE CITY OF SOUTHLAKE, TEXAS, APPROV- ING AN AMENDED PROJECT PLAN AND FINANCING PLAN FOR TAX INCREMENT REIN- VESTMENT ZONE NUMBER ONE, CITY OF SOUTHLAKE, TEXAS; EXTENDING THE TERM OF THE REINVESTMENT ZONE; PROVtDR4G SEVOtAS1LITY CLAUSE; AND PROWDING AN EFFECTIVE DATE. THE STATE OF TEXAS County of Tarrant Before me, a Notary Public in and for said County and State, this day personally appeared CHRISTINE LOPEZ, Bid and Legal Coordinator for the Star -Telegram, published by the Star -Telegram, Inc. at Fort Worth, in Tarrant County, Texas; and who, after being duly sworn, did depose and say that the attached clipping of an advertisement was published in the above named paper on the listed dates: Insertion(s) Published On: August 15, 2018 F P,H NIl�f� 1 n�T m t aa" C o '.0-2 01 9 v 130 a 2344-2 C (Principal Clerk) SUBSCRIBED AND SWORN TO BEFORE ME, THIS 28th day of August in the year of 2018 Notary Public - Deborah Bay or