OR 96-776 Designates Reinvestment Zone 13 ORDINANCE NO. 96776
AN ORDINANCE OF THE CITY OF COPPELL, TEXAS, DESIGNATING
REINVESTMENT ZONE NO. 12}; PROVIDING ELIGIBILITY OF THE
ZONE FOR COMMERCIAL-INDUSTRIAL TAX ABATEMENT;
CONTAINING FlNDINGS THAT THE AREA QUALIFIES TO BE
DESIGNATED AS A REINVESTMENT ZONE AND THE~ IMPROVEMENTS
SOUGHT ARE FEASIBLE AND PRACTICABLE AND OF BENEFIT TO
THE~ LAND AND THE CITY; PROVIDING A SEVERABILITY CLAUSE;
PROVIDING A REPEAl JNG CLAUSE; AND PROVIDING AN EFFECTIVE
DATE.
WHEREAS, the City Council of the City of Coppell, Texas, has caused notice to be published
in a newspaper hax4ng general circulation in the City and has delivered such notice to the presiding
officer of the governing body of each taxing unit that includes in its boundaries real property described
herein; and
WHEREAS, the City Council of the City of Coppell, Texas, has conducted a public hea~ng
on the designation of the area described herein as a reinvestment zone;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
COPPELL, TEXAS:
SECTION 1: That the City Council of the City of Coppell, Texas finds that the area
described herein will, if designated as a reinvestment zone, be reasonably likely to contribute to the
retention or expansion of primary employment, or to attract major investment in the zone that will be
of benefit to the property and contribute to the economic development of the City. The City Council
Curther finds that the improvements sought are feasible and practicable and would be of benefit to the
land to be included in the zone and to the City after the expiration of a tax abatement agreement.
SECTION 2. That pursuant to the provisions of Section 312.201 of the Texas T~x Code, the
property described in Exhibit "A" attached hereto and made a pat hereof for all purposes is hereby
designated as a reinvestment zone and for identification is assigned the name "Reinvestment Zone No.
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SECTION 3. That the property within Reinvestment Zone No. 13 is eligible for commercial-
industrial tax abatement effective on Januaxy 1, 1997.
SECTION 4. If any article, paragraph or subdivision, clause or provision of this ordinance
shall be adjudged invalid or held unconstitutional, the same shall not affect the validity of this ordinance
as a whole or any part or provision thereof, other than the part so decided to be invalid or
unconstitutional.
SECTION 5. That all provisions of ordinances of the City of Coppell, Texas, in conflict with
the provisions of this ordinance be, and the same are hereby, repealed, and all other provisions not in
conflict with the provisions of this ordinance shall remain in full force and effect.
SECTION 6. This ordinance shall take effect immediately from and after its passage, as the
law and charter in such cases provide.
DULY PASSED by the City Council of the City of Coppell, Texas, on the .~t~d day of
e?c ' ep ,1996.
APPROVE.D:
TON, MAYOR
ATTEST:
KATHLEEN ROACH, CITY SECRETARY
APPROVED AS TO FORM:
PETER G. SMITH,~RNEY
(PGS/ttl 10/8/96)
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OWNER'S CERllFICATE
STAI~ OF TEXAS
COUNTY OF DALLAS
0546, Deed of R~cocd~, Dollag, County, Texo, (O.R.D.C.T.) which
EXHIBIT "A"