A framework for local downtown development incentives.
Neighborhood Empowerment Zone
The Abilene City Council has designated the downtown and SoDA districts as part of a Neighborhood Empowerment Zone, pursuant to Chapter 378 of the Texas Local Government Code. The zone is intended to increase economic development and to increase rehabilitation and construction of affordable and market rate housing options, within the defined area. The City Manager or his designate may negotiate certain incentives with developers. Some require City Council approval, others do not.
What requires City Council approval?
- Refund of municipal sales tax on sales made within the zone, for a period not to exceed 10 years
- Abatement of municipal property taxes
- Offset of 50 percent of the cost of water or sewer line extensions necessary to serve property being developed within the zone
- The City may choose to authorize these incentives through a Chapter 380 economic development agreement
What does NOT require further consideration by City Council?
- Waiver or reduction of fees related to the construction or remodel of buildings in the Zone, including fees related to the inspection of buildings or impact fees (Note: The City of Abilene currently imposes no impact fees.)
- Provision of roll-off containers and associated haul-on, haul-off and tipping charges at the City’s actual cost
- Waived or reduced sewer or water tap fees
- Waived or reduced zoning application fees