19-01 - RRESOLUTION NO.19-01
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE PROSPER
ECONOMIC DEVELOPMENT CORPORATION SETTING ITS
LEGISLATIVE AGENDA FOR THE 86TH LEGISLATIVE SESSION OF
THE STATE OF TEXAS; MAKING FINDINGS; AND PROVIDING FOR
AN IMMEDIATE EFFECTIVE DATE.
WHEREAS, the Prosper Economic Development Corporation wishes to express
its desires and concerns regarding Town economic development issues by adopting a
legislative program for the current. 86th Legislative Session of the State of Texas; and
WHEREAS, the Prosper Economic Development Corporation has developed
recommendations for the State's legislative agenda, as' more fully described in the
attached document, entitled "Legislative Priorities for the Upcoming 86th Texas
Legislative Session," incorporated by reference.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS
OF THE PROSPER ECONOMIC DEVELOPMENT CORPORATION THAT:
SECTION 1
The foregoing recitals are hereby found to be true and correct findings of the Prosper
Economic Development Corporation, and are fully incorporated into the body of this Resolution.
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The Prosper Economic Development Corporation's Legislative Priorities for the
Upcoming 86th of Session of the Texas Legislative Session, attached hereto and
incorporated by reference, is hereby adopted.
SECTION 3
This Resolution shall take effect immediately from and after its passage.
DULY RESOLVED by the Board of Directors of the Prosper Economic Development
Corporation on this the 16th day of January, 2019.
JXfn Wicker, President
ATTEST:
Jorda Simms, Secretary
PROSPER EDC
LEGISLATIVE PRIORITIES FOR THE UPCOMING
8611TEXAS LEGISLATIVE SESSION
PROSPER ECONOMIC DEVELOPMENT CORPORATION
BOARD OF DIRECTORS
Jim Wicker, President
David Bristol, Vice President
Jordan Simms, Secretary
Roger Thedford, Treasurer
Mayor Ray Smith
Town of Prosper
Reno Jones
Don Perry
Section 1- Prosper Economic Development Corporation (PEDC) Board
Priorities
PEDC Priorities for FY2019
1.- Robust mixed -use development, including destination uses, along the US 380
Corridor
2. Continued retail development along US 380 and SH 289 (Preston Road)
Corridors
3. Full Service Hotel development
4. Development of Class A Office and Flex Office space
5. Infrastructure improvement, including solutions for fiber
6. Use growing sales tax base to reinvest in projects that will bring quality jobs
and new investment to Prosper, TX.
It is the express intent of the PEDC Board of Directors that decisions regarding
positions on legislative matters will be made in furtherance of these priorities.
Section 2 - General Legislative Principles
Texas has a rich history of encouraging and•promoting local authority and
local control of important community issues. The PEDC Board of Directors
fundamentally believes local governments are uniquely suited to determine
how best to govern local affairs. In furtherance of this deeply held belief:
1. The PEDC will support legislationthat enhances the ability of the PEDC
and Town to solve local problems or increase the quality of life of its
citizens and businesses.
2. The PEDC will support legislation that enhances the agricultural,
educational, cultural, tourism and infrastructure resource in the North
Texas region.
3. The PEDC will oppose legislation that is detrimental to the long-term
viability of the US 380, Hwy 289 (Preston Rd.) and Dallas North Tollway
Corridors.
4. The PEDC will oppose legislation that erodes the Town of Prosper's
authority to govern its own local affairs or erodes home rule authority for
Texas cities in general.
5. The PEDC will oppose efforts to reduce, or unreasonably limit, its
revenue sources.
6. The PEDC will oppose the imposition of additional unfunded state mandates.
Section 3 - Priority Legislative Initiatives
The PEDC will actively seek the passage of the following initiatives using PEDC
staff and authorized representatives to secure legislators to author a bill, provide
testimony, and advocate forthe bill's passage throughout the legislative process.
1. A bill that would extends the deadline to September 2024 to enter into a
development agreement and execute a hotel/convention center project under
Section 351.102 of the Texas State Tax Code:
The PEDC will actively oppose the following initiatives, using PEDC staff and
authorized representatives to secure legislators to author a bill, provide testimony,
and oppose the bill's passage throughout the legislative process.
1. Any legislation that would reduce the scope of a hotel/convention center
project as defined under Section 351.102 of the Texas State Tax Code.
Section 4 - Statements of Support or'Opposition
The PEDC will not actively seek introduction of legislation for these legislative
topics, but will actively support or oppose the passage of legislation and will
engage staff and authorized representatives if a bill is introduced addressing one
of the following legislative concerns.
The PEDC will support legislation that:
1. preserves the full funding of Texas tourism;
2. reauthorizes municipal ad -valorem tax abatement authority (Texas Tax
Code, Chapter 312), and in general, supports the continuation and sound
,use of current economic development tools;
3. allows municipalities to more easily recover costs associated with
addressing blighted or abandoned properties;
4. increases state aid for municipal services, through grants or direct
funding;
5. allows municipalities to publish legal notices online rather than in a
newspaper of general circulation;
6. improves workforce development programs for military personnel and
veterans;
7. allows the Texas Municipal Retirement System to be soundly funded, and
continues to allow member cities the ability to establish their own benefit
design for competitive recruitment and retention;
The PEDC will oppose legislation that:
1. impedes the Town of Prosper's ability to pledge revenue from the municipal
hotel occupancy tax for the payment of obligations related to hotel projects;
2. lowers the current appraisal cap for Texas
taxing entities;
3. ' imposes revenue caps for Texas taxing entities;
4. lowers the rollback rate, or reduces the rollback petition requirements for
Texas taxing entities;
5. imposes a mandatory tax rate ratification election;
6. unnecessarily restricts or otherwise reduces the Town of Prosper's
existing authority under State statute to issue debt;
7. prohibits a political subdivision or private entity who receives state
funds from engaging in lobbying activities;
8. further reduces or restricts municipal authority to annex land or exercise
eminent domain authority;
9. increases the Town of Prosper's cost of providing municipal services
without an offsetting benefit, diminishes the current authority of
municipalities to regulate development, or imposes unfunded mandates.