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Approval of a Resolution of the City Council of the City of Lewisville Dissolving the Lewisville Neighborhood Empowerment Zone Number Two (NEZ 2); Amending the City’s Economic Incentive (Non-Commercial) Policy to Expand the Neighborhood Enhancement Program, Lower the Maximum Grant Amount for the Love Your Block Program, and Remove the NEZ 2 Requirements from the Property Enhancement Program by Repealing and Replacing the Policy; and Providing for Other Matters Relating Thereto.
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ADMINISTRATIVE COMMENTS:
On June 16, 2025, City Council provided direction to City Staff to amend the Code Abatement, Neighborhood Enhancement Program (NEP), Property Enhancement Program (PEP) Plus guidelines to provide more opportunities for Lewisville residents to utilize the programs. Direction provided for the Code Abatement program was to allow residents citywide to be eligible for the program. The previous program also provided Code Abatement grants within a geographic area, which was permitted due to the creation of the Neighborhood Empowerment Zone 2 (NEZ 2). Making the grant citywide eliminates the need for NEZ 2, which is why it is being dissolved. Direction was given to amend the PEP Plus program to allow homes built 40 years ago or earlier, rather than 20 years ago, to be eligible for the program. The direction for NEP was to update the guidelines to allow for non-HOA neighborhoods be eligible for funding. Additionally, the Love Your Block maximum grant is being reduced to allow for more neighborhoods to apply for funding. The Economic Incentives (Non-Commercial) Policy was amended to reflect these updates.
RECOMMENDATION:
That the City Council approve the resolution as set forth in the caption above.