1995T29-AGREEMENT FOR AND WITH INSTEEL SOUTHWEST
ORDINANCE NO. 'IS- T-21
AN ORDINANCE
BY THE CITY COUNCIL OF THE CITY OF
SCHERTZ, TEXAS, APPROVING A TAX ABATEMENT
AND A TAX ABATEMENT AGREEMENT FOR AND WITH
INTSEL SOUTHWEST, A PROPERTY OWNER IN THE
CITY OF SCHERTZ.
WHEREAS, Section 312 of the Texas Property Tax Code
allows municipalities to abate ad valorem taxes under specific
Guidelines and Criteria, and the City' of Schertz has adopted
specific Guidelines and Criteria under these provisions; and
WHEREAS, the City Council finds that the application for
abatement of ad valorem taxes by Intsel Southwest meets those
Guidelines and Criteria, and further finds the terms of the
tax abatement agreement listed at Exhibit 1 are acceptable;
and
WHEREAS, the property owned by Intsel Southwest,
described as an 15.955 acre tract out of a 41.89 acre track
situated in the George M. Dolson survey no. 96, abstract
120, City of Schertz, recorded in Volume 152, Page 387, Deed
Records, Comal County, Texas, is within a reinvestment zone as
required by the Texas Property Tax Code, created by the City
Council of the City of Schertz; and,
WHEREAS, a Public Hearing was held on 20 June, 1995; and
WHEREAS, the terms of the tax abatement agreement will
cause no substantial long term adverse effect on the provision
of the City's services or tax base, and the planned use of the
property will not constitute a hazard to public safety, health
or morals; NOW THEREFORE
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS:
THAT, the request for abatement of ad valorem taxes by
Intsel Southwest is approved. The approved rate is 53% for a
period of six (6) years. Taxes shall be abated on capital
improvements only.
THAT, the City Manager is authorized to enter into an
agreement, shown as Exhibit 1, with Intsel Southwest.
Approved on first reading the 20th day of
PA~ED, APPROVED AND
d#"-tk.~ ,1995.
ADOPTED
June, 1995.
the ~L day
of
,
~
Schertz, Texas
ATTEST:
'7?~~ ~~
City Secretary, City of Schertz
(SEAL OF CITY)
Exhibit 1
Tax Abatement Agreement
l. Parties.
This agreement, is made and entered into by and between the
City of Schertz, Texas (hereinafter called the "City"), and
Intsel Southwest (hereinafter called the "Company").
2. Authorization and Findings.
a. This agreement is entered into pursuant to:
(1) Section 312 of the Texas Property Tax Code.
(2) City of Schertz Ordinance 94-T-33, which
establishes the City of Schertz Guidelines and Criteria
for Tax Abatement and Reinvestment Zones (hereinafter
referred to as the "Guidelines and Criteria").
(3) City of Schertz Ordinance
which creates the Intsel Reinvestment
"Reinvestment Zone Ordinance").
9S- T-(). '6
Zone
(the
(4) City of Schertz Ordinance
which approves this tax abatement
authorizes the execution hereof.
95'- T- ~'1
and agreement
and
b. The City, by approval of this agreement,
the terms of this agreement and the property
to meet the "Guidelines and Criteria" as
further finds there will be:
hereby finds
subject to it,
adopted, and
(1) no substantial long-term adverse affect on the
provision of City services or tax base; and
(2) no hazard to public safety, health, or morals as
the result of the planned use of the property.
3. Property
a. The real property to be improved under this agreement
is described as follows: a 15.955 acre tract in the George
M. Dolson Survey No. 96, Abstract 120, Comal County, City
of Schertz, Texas, described in Deed recorded under
Document #9506471400 of the Real Property Records of Comal
County, Texas (hereinafter call the "Property"), which
Property is more particularly described by metes and bounds
on Exhibit "A" attached hereto and incorporated herein by
reference.
1
b. Abatements approved will be based on the value set out
in the real
District for
the Property
for only the
$191,460.00.
property roll of the Comal County Appraisal
the Property. The 1995 base year value for
is $127,640.00. The projected market value
land as of January 1, 1996, is approximately
c. The tax account of the Property prior to re-plat is
2C0120-0000-01800.
d. A general description of the improvements to
the Company is attached hereto as Exhibit
incorporated herein by this reference.
be made by
"B" and
4. Company Representations and Estimates.
a. The Company represents it is the owner in fee simple of
the Property, and that the Property is located in the
Intsel Reinvestment Zone as described in the Reinvestment
Zone Ordinance.
b. The Company represents that the use of the Property is
to be as follows during the duration of the Abatement
Period (hereinafter defined): a steel service center.
c. The Company estimates it will make capital improvements
to the Property which will cost approximately
$1,400,000.00, based on the budget submitted by the Company
to the City as part of its Application for Tax Abatement,
date May 18, 1995 (as supplemented).
d. The Company estimates it will have an annual payroll in
the approximate amount of $414,000.00 in facilities located
in Schertz, Texas, which payroll will be by way of jobs at
the Company that the Company did not previously have
located in the City of Schertz. The Company will employ a
minimum of six (6) employees at the Property (who have not
previously been employed by the Company in Schertz, Texas)
throughout the Abatement Period.
e. The Company represents that no interest in the Property
is presently held by or leased by or to a member of the
City Council of the City, the Planning and Zoning
Commission of the City, the Economic Development Department
of the City, or any other City officer or employee, and
covenants and agrees that it will not sell or lease any
part of or interest in the Property to any such
City-related parties as long as this agreement is in
effect.
2
5. Terms of the Agreement.
a. The Company will construct on the Property an initial
single story office area of approximately 3,000 square feet
attached to an approximately 86,000 square foot steel
distribution warehouse, together with paved parking and
driveway areas.
b. The Company shall, within one year after the
commencement date of the tax abatement, employ at the
Property sufficient employees to generate approximately
$414,000.00 of new annual payroll in the City of Schertz.
The Company will employ a minimum of six (6) employees at
the Property (who have not previously been employed by the
Company in Schertz, Texas) throughout the Abatement Period.
c. The location of the improvements to be constructed on
the Property by the Company will be approximately as
specified on the preliminary site plan attached hereto as
Exhibit "C" and made a part hereof (the "Site Plan").
Nothing in this agreement shall be read to require that the
improvements on the Property remain in the exact
configuration set out in the Site Plan during the entire
Abatement Period.
d. The Company agrees to timely pay before delinquency all
ad valorem tax payments owing to all local taxing entities.
e. During the Abatement Period, the Company agrees to keep
the property and improvements in compliance with all
applicable City building, fire and other codes and
ordinances. Further, the Company shall maintain in a neat
and attractive condition the landscaped area described in
the Site Plan approved by the Planning and Zoning
Commission of the City.
f. The Company agrees to furnish the Chief Tax
of Comal County with such information as may be
for appraisal purposes, but shall not be required
a private appraisal.
Appraiser
necessary
to obtain
g. The Company agrees to allow inspection of the Property
by the City Manager, or a designee. Such inspection shall
be to determine if the terms and conditions of the
agreement are being met. Inspections will be made only
after giving a minimum of 24 hours notice and will be
conducted in such a manner as to not unreasonably interfere
with the operation of the facility.
3
h. The Company estimates that capital improvements to the
Property will cost approximately $1,400,000.00, based on
the budget submitted by the Company to the City as part of
its Application for Tax Abatement, dated May 18, 1995 (as
supplemented). The capital improvements shall be
substantially completed during the Abatement Period.
i. The Company estimates that the annual Company payroll
for employees in the Schertz facility will be in the
approximate amount of $414,000.00 throughout the Abatement
Period. The Company will employ a minimum of six (6)
employees at the Property (who have not previously been
employed by the Company in Schertz, Texas) throughout the
Abatement Period.
6. Terms for the Tax Abatement.
a. Subject to the City's rights under Section 7 hereof in
the event of a default by the Company, the City grants the
Company the following tax abatement: fifty-three percent
(53%) of the entire assessed value of the improvements
located in the Intsel Reinvestment Zone (i.e., on the
Property) shall be exempt from ad valorem taxation.
b. No abatement of taxes shall be granted as
property of the Company located within
Reinvestment Zone.
to personal
the Intsel
c. The abatement described in Section 6a, above, shall be
in effect for six (6) years commencing on January 1, 1996,
and continuing until December 31, 2001 (the "Abatement
Period"). Additionally, during the Abatement Period, the
City agrees not to impose any other taxes or assessments
that are intended to be in lieu of ad valorem taxes on the
Company, the Property or the improvements thereon.
d. The Company shall have the right to protest and contest
any or all appraisals or reassessments of the Property, or
the improvements on the Property, and the, tax abatement
provided for herein for such property shall be applied to
the amount of taxes finally determined, as a result of such
protest or contest, to be due for such property.
7. Default/Recapture.
a. Subject to the City's compliance with the notice and
Cure Period requirements of Section 7c. hereof, if the
Company refuses or neglects to comply with any of the terms
of this agreement or, if any representation made by the
Company in the Application for Tax Abatement (as
supplemented) is false or misleading in any material
respect, this agreement may be terminated by the City.
4
b. Subject to the City's compliance with the notice and
Cure Period requirements of Section 7c. hereof, in the
event the Company allows ad valorem taxes on the Property
to become delinquent and fails to timely and properly
follow the legal procedures for their protest and/or
contest, this agreement may be terminated by the City.
c. In the event the City determines the Company to be in
default of this agreement, the City will notify the Company
in writing at the address stated in Section 8 of this
agreement, and if the defaults specified with reasonable
particularity in such notice are not cured within sixty
days from the date of such notice (the Cure Period), then
this agreement may be terminated upon written notice to the
Company. If this agreement is terminated by the City,
taxes without abatement will be due for the year in which
termination occurred and shall accrue without abatement for
all tax years thereafter. However, there shall be no
recapture of prior years' taxes abated by virtue of this
agreement.
d. If during the Abatement Period the Company should
discontinue all operations in Schertz, Texas, then the City
shall by Ordinance adopted by the City Council have the
right to (i) terminate this agreement, and (ii) thereupon
recapture 100% of the taxes abated in prior years and the
year in which such discontinuance occurs.
e. A total bill for any amounts due under Section 7c. or
Section 7d. hereof will be sent to the Company and the
Company agrees to pay the total amount within sixty days
after receipt (or when the payment would otherwise be due
before considered delinquent under applicable law,
whichever is later). Penalty and interest will not begin
to accrue until the company has failed to pay any of the
amount placed back on the tax roll within sixty days after
receipt of the bill (or the later due date, if applicable,
as set forth above), unless arrangements satisfactory to
the City and the Comal County Tax Assessor/Collector have
been made.
8. Notice.
All notices shall be in writing, addressed to the Company or
the City at the following addresses. If mailed, any notice or
communication shall be deemed to be received three days after
the date of deposit in the United States Mail, certified mail,
return receipt requested, postage prepaid and properly packaged
for delivery. Unless otherwise provided in this agreement, all
notices shall be delivered to the following address:
5
To the Company:
If mailed:
P.O. Box 41041
Houston, Texas
Attention:
77240-1041
Mr. Neil Parsley or Mr. Larry Brown
If delivered:
11310 W. Little York
Houston, Texas 77041
Attention: Mr. Neil Parsley or
Mr. Larry Brown
With required copy to:
Jonathan Peckham, Esq.
Boyar, Simon & Miller
4265 San Felipe, Suite 1200
Houston, Texas 77027
To the City:
If mailed or personally delivered:
City of Schertz
Attn: City Manager
P.O. Drawer I
Schertz, Texas 78154
9. Agreement Approved by City Council.
The City represents that this Agreement has been approved by
affirmative vote of a majority of the members of the Schertz
City Council at a regularly scheduled meeting duly called and
held, at which there was present a quorum of City Council
members.
10. Assignment.
This agreement may be assignable to a new owner only with City
Council approval as reflected in a duly adopted City Ordinance;
provided, however, that this agreement may be assigned to and
shall automatically inure to the benefit of and be enforceable
by (i) any successor to the Company by operation of law
(including the surviving company in any merger, consolidation,
liquidation or reorganization of the Company), and/or (ii) any
6
affiliate of the Company that takes title to the Property and
operates it in accordance with the terms hereof. The term
"affiliate" as used in this agreement shall mean any person
which directly or indirectly controls, is controlled by or is
under common control with another person or entity. The terms
"control," "controlled by, " and "under common control with,"
shall include ownership of 50% of more of the beneficial
interest in the person or entity to which reference is made, as
well as to any person or entity which has the right to direct
the day to day operations of the person or entity to which
reference is being made through voting agreements, contractual
agreements, and/or other legally enforceable means. Any
assignment of this agreement or transfer of the Property other
than as permitted pursuant to the preceding sentence hereof
shall be void at the option of the City; provided, however,
that the City's consent to any assignment of this agreement to
any other transferee of the Property will not be unreasonably
withheld.
11. Bondholder Rights.
This agreement is entered into subject to the rights of the
holders of outstanding bonds of the City. If the holders of
outstanding bonds of the City exercise any of their rights so
as to diminish the effects or benefits of this agreement, the
City agrees to work with the Company to establish an
alternative agreement as similar in effect to this agreement as
is possible taking into account any bondholders' rights.
12. Reporting Requirements of the Company.
The Company shall certify annually to the City that the Company
is in compliance with each applicable term of this agreement,
which certification shall be made and submitted to the City by
January 15th of each year during the Abatement Period.
13. Binding on Successors and Assigns.
This agreement will be binding on
the parties hereto and their
permitted assigns.
and inure to the benefit
respective successors
of
and
14. Severability.
In the event any provision hereof is held to be invalid,
illegal or unenforceable, the balance of this agreement shall
stand, shall be enforceable, and shall be read as if the
parties intended at all times to delete the invalid provision;
provided, however, if at any time the tax abatement herein is
held to be invalid or unenforceable in any material part, then
none of the Company's covenants, agreements, obligations or
7
responsibilities herein shall be of any further force or
effect. In the event of the invalidity, illegality or
unenforceability of only a part hereof, there shall be
substituted for such deleted provision a prov1s1on as similar
in terms and effect to such deleted provision as may be valid,
legal and enforceable and consistent with the intent of the
parties as evidenced by this agreement.
15. Estoppel Certificate.
Any party hereto may request an estoppel certificate from
another party hereto so long as the certificate is requested in
connection with a bona fide business purpose. The estoppel
certificate will, if requested, be addressed to a subsequent
purchaser or assignee of the Company (or successor or proposed
successor by merger), and shall include (in addition to other
reasonable statements requested by the requesting party)
statements that (i) this agreement is in full force and effect
without default, if such is the case (and if not, specifying in
what respect it is not in effect or is in default), (ii) the
remaining term of this agreement, (iii) the level of tax
abatement in effect, and (iv) whether the proposed merger,
consolidation, or transfer of assets or stock of the Company as
described in the certificate is permitted under the terms of
Section 10 hereof without affecting the validity of this
agreement.
16. Force Majeure.
The obligations of the parties herein are subject to delays
caused by adverse weather conditions, strike, lockout, war,
civil unrest, material shortages, and other events of force
majeure, and delay caused by any such events of force majeure
are excused.
17. Applicable Law.
This agreement shall be governed by, interpreted, construed and
enforced under and in accordance with the laws of the State of
Texas, and is performable in Comal County, Texas.
18. Date.
This agreement has been executed by the parties in multiple
originals, each having full force and effect on this the \.
day of od-,"~_ 1995.
INTSEL SOUTHWEST, a Connecticut
general partnership acting by
its partner
8
By: Pechiney (ISW), Inc., a Delaware corporation
By: ~ _F. ~,
Name: William F. Kalinec
Title: President
Execution Date: \""\ 0.....- ......
AGREED AND ACCEPTED:
CITY OF SCHERTZ
~\Q
Ke ry . Sweatt
City Manager
ATTEST:
~A~ !l/;:C~-u"" e)
No a Althouse
City Secretary
Seal of the City
State of Texas:
County of
Harris
This instrument was acknowledged before me on
()roj-nhPr 17 ,1995 , by William F. Kalinec ,
President of Pechiney (ISW), Inc., a Delaware
corporation, on behalf of said corporation in its capacity as
partner of INTSEL SOUTHWEST, a Connecticut general partnership,
on behalf of said partnership.
,
~~/L a/ fAJV1A~
Notary Public in and for t
State of Texas
9
State of Texas:
County of C t/I'1JJI'1LuPE
Th~ instrument was acknowledged before me on
(./eTo6E Ii? 1'1 , 1995, by Kerry R. Sweatt, City Manager of
the City of Schertz, Texas, a municipality and body politic
formed under the laws of the State of Texas, on behalf of said
municipality.
~~A")
Notary Public in and for the
State of Texas
.
~
?
')
10
JUL 28 .'95 02: 5SF'('1 INTSEL SOUTHI,JEST 713 937 1091
P.l1
DMc
.QQQMcCrarv & ASSoci~nc.
~eers and Survevo~
15.955 Acres
Metes and bounds description of a,15.955 acre tract out of a 41.89 acre tract situated.
in The George M, Dolson Swvey No. 96, Abstract 120, City of Schertz, Coma!
County, Texas, Recorded in Volume 152, Page 387, Deed. Records, Comal County,
Texas.
Beginning At a W' iron pin found at the intersection of the northwest Right..of-Way
line of the Missouri-Kansas and Texas Railroad with the northeast Right-
of-Way line ofDoeerLane for the south comer of said 41.89 acre tract
and the south comer and POINT OF BEGINNING of this tract;
Thence N 30035'00" W, 550.00 feet along the northeast Right--of-Way line of
Daeer Lane to a WI iron pin set for the west comer of this tract;
Thence N 59025'00" E, 1200.67 feet to a W' iron pin set in the southwest line of
a 36.993 acre traot recorded in Volume 218, Page 450, Deed Records,
Comal County, Texas for the north comer of this tract;
Thence S 30013'21" E, 609.43 feet along the southwest line of said 36.993 acre
tract to a Y:z", iron pin set in the northwest Right-of-Way line of the
Missouri-Kansas and Texas Railroad for the east comer of this tract;
Thence S 62015'31" W, 1198.31 feet along the northwest Right-of-Way line of
the Missouri-Kansas and Texas Railroad to the POINT OF BEGINNING
and containing 15.955 acres ofland.
- /A-
~p:"~-~... ;.;; ~~
William F. Martell, RP.L.S., #4952
May 10, 1995
"
"
E X/~,1 all
A
Intsel Southwest
11310 W. UttIe York. P.O. Box 41041 . Houston, Tx 77240-1041
~ ---
~..!!1)EJ;
'.
PROJECT DESCRIPTION
The proposed facility is to be a Steel Service Center
located on a 15.9 acre tract of land along Doerr Lane
in the City of Schertz, Texas. The project will
consist of a 3000 s.f. single story office attached to
a new modern 86,000 s.f. steel distribution warehouse.
The warehouse will be equipped with two (2) high speed
state of the art overhead cranes. A rail spur will be
constructed and will be serviced by the Union Pacific
Railroad.
All parking areas including driveways will be paved
surfaces designed and constructed for heavy truck
traffic. The entire complex will be protected by
security fencing and perimeter lighting.
Construction cost is estimated to be 1,400,000..
This amount would bring us to the 36.5% for the capital
improvements to real property category listed in the
Standard Six-Year Abatement, table 1.
:l:..j;//.'/:j7 ~
rQQl
Telephone (113) 937-9500
.
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INTSEL STEEL SITE PLAN
I:J'1.: ~AnoaA"" I....
SCALE: 1" ~ 100'
4,..., -a, r c--
Intsel Southwest
11310 W. Little York. P.O. Box 41041. Houston, Tx 77240-1041
~J..----
May 18, 1995
.
Mark Marquez
City of Schertz
Drawer 1
Schertz, TX. 78154
Dear Mr. Marquez,
Intsel Southwest is requesting of the City Council of
Schertz, a tax abatement on the ad valorem taxes of its
proposed new Steel Distribution Facility. We are
applying under the Standard Six-Year Abatement for the
10% and 1% capital improvements to real property
category. We are also applying for the Optional
Abatement categOl::Y (1) Jobs, 1% for each $25,000 of
payroll based in Schertz.
A conservative estimate of the initial projected
payroll to be generated in the City of Schertz is
$414,500 for 15 employees. The 1994 payroll for
13 employees was $371,556. This amount would bring
us to 16.5% for the Job category. .
(Insert) City of Schertz Tax Number. 1994 Taxes
based on Ag Value reverting to Market Value of
$207,298.
Enclosed please find a general description of the
projected costs and a plat with the property
description.
Please let us know if there is anything else you
with this application for tax abatement.
7EJIm7-~
..__,.,..._.__1Q21
_ _ _ _ _ T e'ephon:Q:~) 93?-=~SO~,__
Intsel Southwest
11310W. Uttle York. P.O. Box 41041. Houston. Tx. 77240-1041
-
JULY 27, 1995
Mark Marquez
City of Schertz
Drawer 1
Schertz, TX. 78154
Re: Amended Tax Abatement Application
Dear Mr. Marquez,
Intsel Southwest made application to the City Council
of Schertz for a tax abatement on the ad valorem taxes
on its proposed new Steel Distribution facility by
letter dated May 18, 1995 and an attached project
description.
We find it necessary to amend our original application
to reflect more accurate current data. The amendments
are as follows: (1) The 1996 Taxes based on Ag Value
reverting to Market Value of $207,298 should be
$191,460 (changed due to change in purchase price
of Property), (2) Rail spur construction is planned
for a future undetermined date.
Intsel Southwest continues to plan the reconstruction
of Doerr Lane, a City street, as per the Tax Abatement
Agreement.
Please include these amendments to our application.
Since
,
Ne
Vi
"
A"
'*'I
"
Member
SlutSmict
Ctnttllnshtult
Telephone (713) 937-9500
1-800-762-3316
Telecopy (713)937-1091
t:J~-t:1lm7l-~
-
Evaluation of Tax Abatement Request By Intsel Southwest
On May 23rd, 1994, I received a request for tax abatement from
Intsel Southwest. I had previously provided, and had
discussions about, our tax abatement guidelines and criteria.
The Intsel Southwest project is a 89,000 square foot Steel
Service Center, consisting of a modern 86,000 square foot
warehouse, and 3000 square feet of office space. The
warehouse will be equipped with high speed cranes. The
company will require rail access and will be building a rail
spur. The project will also require security fencing and
perimeter lighting. Capital construction costs are estimated
at $1,400,000.00.
Intsel Southwest is headquartered in Connecticut,
in Houston and San Antonio. The San Antonio
relocating to our area.
with offices
facility is
The basis of the request
improvements to property in
creation in Schertz with a
$414,500.00. for 15 employees.
is $1,400,000.00 of capital
the City of Schertz and job
payroll value estimated at
The proposed site is an 15.9 acre tract on Doerr Lane, north
of IH 35, and directly across the railroad tracks from
Monotech. The property is currently Ag exempt with a exempt
value of $2,584.00. The change from ag exempt to full use is
expected to change the current value of the property to $
207,298.00. The property is located in Comal County.
An evaluation of this abatement request based on our
guidelines and criteria is as follows:
Abatement Percentages
Capital Improvements of $1,400,000.00
First $75,000
Remaining $1,325,000 @ 1% per $50,000
Payroll
$414,500 @ 1% per $25,000
10.0%
26.5%
Total Percentage Authorized
16.5%
53.0%
The attached table
revenues for this
approximately $7,844.15
$3,172.05 annually. In
approximately $3,695.36 in
provides an analysis of
project. The city
annually in revenues,
addition, the City
rollback taxes.
the
will
at a
will
costs and
receive
"cost"
receive
Recommend Approval of a 6 year abatement of ad valorem taxes
on Capital Improvements for Intsel Southwest at a rate of 53%.
Dollar Values of Intsel Southwest Project
Current Values
Land
Improvements
Personal Property
Total
$2,584.00
$0.00
$0.00
$2,584.00
$0.4275
Tax Rate
Tax Revenue
Land
Improvements
Personal Property
Total Ad Valorem
$11.05
$0.00
$0.00
$11. 05
Additional Revenues
Payroll
Multiplier @ 1%
$0.00
$0.00
Sales Tax
$0.00
Total Annual Revenues to the City
Minus Abatement of Capital Improvements
at 53 percent
$11. 05
$0.00
Difference From Current Values
Total Annual Cost of Abatement
Total Revenues to the City over the 6 Year Term
Minus Cost of Abatement over the 6 Year Term
Minus Current Revenues over the 6 Year Term
Total Net Revenues to the City over the 6 Year Term
Other One Time Revenues or Benefits
Estimated Rollback Taxes
Reconstruction of 250' of Doerr Lane
Total Net Revenues and Benefits to the City
Projected Values
$191,460.00
$1,400,000.00..--1.0 /- 'I
$0.00 _. ~~ ..., e
$1,591,460.00 ,~ t\<.l~
"\""'-c.
$0.4275
$818.49
$5,985.00
$0.00
$6,803.49
$414,500.00
$4,145.00
$0.00
$10,948.49
$3,172.05
$7765.39
$3,172.05
$65,690.95
$19,032.30
$66.28
$46,592.37
$3,695.36
$17,500.00
$21,195.36
$67,787.73
Total Net Revenues cover the cost of the abatement by a ratio of:
3.56 to 1
Cost Per Job $1,268.82
".
.'
"1
County of Guadalupe
PUBLISHER'S AFFIDAVIT
~ I ~,G+ RECEIVED JUL 0 51~~~:;
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fY
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THE STATE OF TEXAS,
Before me, the undersigned authority, on this date personally appeared r, ~ RF:Y1ITm,nS
known
to me, who, being by me duly swam, on his oath deposes and says that he is the Publisher of Tne Seguin
Gazette-Enterprise, a newspaper published in said county; that a copy of the within'and foregoing
notice
was published in said newspaper
~
!}/J~ ~3 ( /C,qS
a~ ;2'9 r
times before the return day named therein, such
AN ORDINANCE
BY THE CITY COUNCIL
OF THE CITY OF
SCHERTZ, TEXAS. Ap.
PROVING A rAX ABATE-
MENT AND A TAX
ABATEMENT AGREE-
MENT Foil AND WITH
INTS.EIi'.sQQTl:IWEST, A
PROPERtY 'QWNER IN AN ORDINANCE
IOj '1 s- C '-<..J ~) THE CITY OF SCHERTZ. BY THE CITY COUNCIL
Approved on first reading OF THE CITY OF
the 20th day of June, SCHERTZ, TEXAS, AP.
1995, PROVING A TAX ABATE-
Norma Althouse, MENT AND A TAX
City Secretary ABATEMENT AGREE-
MENT FOR AND WITH
INTSEL SOUTHWEST, A
PROPERTY OWNER IN
THE CITY OF SCHERTZ.
Approved on first reading
the 20th day of June.
1995,
Norma Ahhouse,
City Secretary
A.D., 19 q5.
publications being on the following dates;
and a newspaper copy of which is hereto attac.'1ed.
Sworn to and subscribed berore me, this
:3
day of
~
_...',:-~7'r~"\\
f",~,,(;< 'I,
{? J\ "''0 \, MARG~RET L. CLARKSON
i.:, -<, ~ 7 "'I~ NlJlaryPubliC,StateolTexas
~, V~- ~ MyColl1n;l$icnb,:pllesJan 14,1998
\t-.>........>/
"I, rf ()~ ,~. ~_-
,,,,,,,,"'_......
~a~ vantol (~
Notary Public, Guadalupe C4:lunty, Texas
':',
~,...'..";;..::.:''''F :'!'-'~" .
...,,;;..'.~,~r,~
ORDINMtE , OR. DINANCE -IDA"IT :. '. I
NO.85-T-29 ' NO. 85-T-29 . ,y
BY THE CITY CO~NCIL' BY THE CITY COUNCIL J V
OF THE CITY OF OF THE CITY OF "1 va '
SCHERTZ T 'fiI J v' II ' " "
, EXAS, AP- SCHERTZ, TEXAS, AP'j ',' i).iF (J' ." II 11-'" JuJ
PROVING A TAX ABATE. PROVING A TAX ABATE. ,', )--', IIA'V 'of
MENT AGREEMENT FOR MENT AGREEMENT FOR :/>-"jY ,j,r> l' ,j. (}t~0:." JJ
AND WITH INTSEL AND WITH INTSEL ~ 1 / ji' ,y
THE ST'ATt:: OF TEXAS, SOUTHWEST, A PROP- SOUTHWEST, A PROp. Ai ~ , ,,)1/P /' .
(, ,'c;; ERTY OWNER IN THE ERTY OWNER IN THE ()"I II~ /.
CITY OF SCHERTZ. CITY OF SCHERTZ. ~ LV" I).. ~
PASSED, APPROVED PASSED, APPROVED J" OJ., Ji:.,1 &, j
Caunt" of Guadalupe AND ADOPTED the 3rd AND ADOPTED the 3rd )I'
'1 day of October, 1995. day of October, 1995.
Nonne Althouse, Nonne _,
City Secretaty , City Secretaty
Before me, the undersigned authority, on this date personally appeared L . A. REYNOLDS known
to me, who, being by me duly swom, an his oath deposes and says that he is the Publisher of Tne Seguin
Gazette-Enterprise, a newspaper published in said county; that a copy of the within and foregoing
AD
was published in said newspaper ~
times before the return day named therein, such
publications being on the following dates:
Ock, b.'l
Ctkt, \ft1'
t, \ C{ eVS"
I ,\ I l q Ct '5 lllu:d atL~ [~:
ltLeif(~J-
and a newspaper copy at which is hereto attached.
I { .UL /Iii, L, b.c v
Swom to and subscnbed before me, this ~ day of L',-/It.J . \
- ---
A.D., 19 ({ ') .
--"""'-';Y~'~~~"""
r ,t:>,,${ 'I R"SON
f~O' /\'0\ MAAGARETL.CLA ~'
f. ~,,' ;-'(?' . ~ Nnlitry l}l.i~:;C, St~~ d Tl:YilS.(
~, l~'-,'<. j MfCOrnrniss;(;Ilb;J~esJafl_14. 1998
""'~~i.~~::..~}:~~j
':/Xlv. 3Q,.:t-,( ('~
;
,
i
Notary Public, Guadalupe County, Texas
.,'