OR 96-766 Designates Tax Abatement Zone 12 ORDINANCE NO. 96766
AN ORDINANCE OF THE CITY OF COPPELL, TEXAS, DESIGNATING
TAX ABATEMENT REINVESTMENT ZONE NO. 12 (TAR-12); PROVIDING
ELIGIBILITY OF THE ZONE FOR COMMERCIAL-INDUSTRIAL TAX
ABATEMENT; CONTMNING FINDINGS 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 REPEALING 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 having 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
hearing 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 Tax Abatement Reinvestment Zone, be reasonably
likely to contribute to the retention or expansion of prima~y 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 further 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 Tax
Code, the property described in Exhibit "A" attached hereto and made a part hereof for all
purposes is hereby designated as a reinvestment zone and for identification is assigned the
name "Tax Abatement Reinvestment Zone No. 12, City of Coppell, Texas (TAR-12)".
SECTION 3. That the property within Tax Abatement Reinvestment Zone No. 12
is eligible for commercial-industrial tax abatement effective on January 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.
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DULY PASSED by the City Council of the City of Coppell, Texas, on the//'-
day of ~-2ff.. ,1996.
APPROVED:
r ~ORTON, MAYOR
ATTEST:
LINBX GRAU, CITY SECRETARY
APPROVED AS TO FORM:
PETER G. SMI~TI'ORNEY
(PGS/ttl 5-24-96)
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EXI "A"
PROPOSED HAVERTYS' SITE
COPPELL, TEXAS
' LEGAL DESCRIPTION
BEING. o troc+ of land situated In the S.A. & M.C. Railroad Survey, Abstract
No. ]439 in +he CIty of CoDDOlt, [}alias County. Texas. and being all of LOt 1
and port of Lot 2 of Block 2 Gateway Business Pork, on addition fo the City
Of Coppellos filed for record In Volume 95136, Pcge 38T6 of The Plot Records
of Dallas County, Texas, and being in the Cit:y of Coppefi, Dallas County. Texas
and being more particularly described as follows:
BECINNING oto found Iron rod with Holff ASsociates. inc. Cop Iocot~d on
north right-of-way line of Interstate Highway G35 (right-of-way varies). said
corner being the mos~ westerly southwest corner of said. Lot ]. Block 2:
THENCE North I d=gr~ S~ minuto~ OG seconds Cos+, deporting sold north
right-of-wo~ fine, o distance o1' 1.O68AZ feet to o found iron rod for o corner.
said corner being on the south rlght-of-woy line of the St. Louis end
Southwestern Railroad (IO0 feet rlght-of-wey);
THENCE North 87 degrees Z~ minutes 30 seconds East, oldfig said south line. o
distance dE 1.169.97 ~eet to o I/z" set iron rod with Holff Assoclqtes. laG. COp
fOr~ COrRer;
THENCE South ~ degre~ 55 m~nuto~ ]8 second5 ~?, dgpor~ing sold righ+-o~-wgy
line. ~ distGnce of 824.Z9 ~ee~ foe r/~' se~ iron rod with HGI~f Associdte5.
~nc. cop ~or o corner;
THENCE Nor+h 88 degrees ~5 mlnu~es 42 seconds West. e distance of 620.00
~o o Y~" set iron Foal with HQl~f Associates, Inc. Cop for o COrner;
THENCE South ]degree 56 minute5 ~8 seconds West, o disforce of 455,~8
to o Y2' Se+ ~Fon FOal for ~ corner on o circuStit curve To ~he righ~ hoving
rodfus of 785.00 feet. scid point being on the north FigRt-Of-WOy line
Oe~ewey Boulevard (verlGble width rlghf-of-w~y. 70 fee~ wide of this
THENCE Westerly. con~nufng ~long sGid north righf-o{-wqy I~ne (vorloble
w]dth), end olong sold curve +hrough o cenfrol gngle of ~8 degrees 4l minutes
57 seconds, on grc dis~once of 530.2] feet to G {ound iron rod wi~h Hol{f
Assoclefes. ~nc, C~p for G corner. sold connor being oO ~he north
line of Inferstote Highwoy ~55 (vorloble w:dth
THENCE North 54 degrees 4~ minutes 5~ seconds West. continuing bibrig soid north
FfghT-of-woy Fine O~ ~n~ersto~e Highwoy ~35, o d~s~onoe o~ 48.81 feet ~o the
POINT 0F 8E6INNINO ond conToining L]49.]7l squQre Teet or Z6.58~5 ~cnes of IGnd
more OF leSS.