A little help here, please

Can any of the readers tell us what the ramifications of this city council agenda item are:

A Resolution that 1) the City Council hereby supports the introduction and passage of legislation during the current Texas legislative session creating a municipal management district (“District”) encompassing the City-owned approximately 2,313 acres situated in the northeast part of the City of El Paso (“NE Parcel”) and exchanged with FSW Investments, LP (“FSW”) for approximately 44 acres situated in the northwest part of the City on November 13, 2018 through Ordinance No. 018871 provided that such legislation does not substantially differ from the legislation attached hereto as Exhibit A, which is incorporated hereby by reference and for all purposes; 2) the City Council hereby directs the City Manager to publish notice of intent to introduce legislation creating a municipal management district encompassing the NE Parcel as soon as possible, without waiting for closing on the land exchange transaction; and further directs the City Manager to submit legislation for the creation of said district following the required thirty (30) day waiting period following notice of intent publication; and 3) the City and FSW are currently negotiating a variety of issues regarding development of the NE Parcel and the District, which include without limitation, issues related to public improvements to be constructed, the method of financing of those improvements, and numerous other issues, which will require time to conclude. Therefore, this resolution in support of the legislation creating the District and directing the City Manager to initiate the District creation process does not constitute consent to the creation of this District as required by Section 59, Article XVI of the Texas Constitution, and the City specifically reserves the right to consent to the District.

We deserve better

Brutus

10 Responses to A little help here, please

  1. Brutus says:

    This came to my email from a regular reader:

    Another type of taxing entity which could also, presumably, float municipal bonds to finance infrastructure.

    Popular in Houston which does not have zoning.

    We need to watch this very closely. Why do they need this in addition to a TIRZ? Does this also extend into the county or will there be annexations (which require a 5 year notice of intent)?

    And they want to proceed spending money to set it up before the deal is closed? Would those costs be reimbursed to the city by the management district?

    A lot of questions, indeed!

    Liked by 1 person

  2. Fed Up says:

    When there is money to be made by Paul and Woody, city council and city management develop a real sense of urgency. When their masters speak, they ask how high and how fast. The resolution says point blank that they’re not even waiting for the land swap transaction to close before spending our resources and money to lobby for legislation that benefits Foster. You get the feeling they are racing to snap the ball before someone throw an objection flag.

    Like

  3. Jerry Kurtyka says:

    Another transfer of public wealth into private hands.

    Like

  4. felias57 says:

    This is to give the city blanket authority over the 2313 acres that are now owned by Paul Foster. This legislation would allow the city to literally provide Foster with tax breaks, incentives etc not normally available to other developers. This does in facr, greatly appreciate this parcel of land with no effort or investment from the owner. Further, this bypasses any public hearings or comments so the citizenry is given zero opportunity to voice concern or support.

    Liked by 1 person

  5. Rich Wright says:

    It means that we’re not only bending over backwards to help Mr. Foster out, we’re bending over forwards, too.

    Liked by 2 people

  6. Anonymous says:

    Translation

    The Great Wolf Resort deal is not done, but the deal to give Paul Foster more than 2,000 acres of public land in exchange for his 40 acres is going forward. The City is hard at work on legislation to help Foster with tax incentives for the development of that 2,000 acres.

    Liked by 1 person

  7. The Raging Chihuahua says:

    You do realize that it’s LITERALLY easier to decipher ancient Sumerian texts than it is to decode this nonsense? This is why lawyers get paid obscenely large amounts of coinage. It’s because they’ve invented their own language – legalese.

    Like

  8. ripper1951 says:

    I think the long and short of it is that we the taxpayers are fooked.

    Like

  9. good governance oxymoron says:

    It’s another one of those economic development tools.
    The MMD Board can levy additional taxes on the properties within the boundaries and I believe issue bonds that the property owners in the MMD are responsible for. I believe the Montecillo is an MMD

    What a municipal management district?

    Municipal management districts are political subdivisions of the state created to promote, develop, encourage, and maintain employment, commerce, transportation, housing tourism, recreation, arts, entertainment, economic development, safety, and the public welfare within a defined area.

    What does this management district propose to accomplish?

    While each district sets its own priorities based on community needs, all may provide supplemental services for advertising, economic development, business recruitment, promotion of health and sanitation, public safety, traffic control, recreation, and cultural enhancement. Management districts may also provide for the construction or maintenance of landscaping, lighting, signs, streets, walkways, drainage, solid waste, water, sewer, power facilities, parks, historic areas, works of art, parking facilities, transit systems, and other similar improvements. In addition, the district can facilitate the financing of infrastructure construction and reconstruction.

    Like

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