OR 2005-1099 Reinvestment Zone No. 43 (Coppell Trade Center L.P.) ORDINANCE NO. 2005-1099
AN ORDINANCE OF THE CITY OF COPPELL, TEXAS, DESIGNATING
REINVESTMENT ZONE NO. 43 (COPPELL TRADE CENTER L.P.);
PROVIDING ELIGIBILITY OF THE ZONE FOR COMMERCIAL-
INDUSTRIAL TAX ABATEMENT; CONTAINING 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, DALLAS COUNTY, TEXAS THAT:
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 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 "Reinvestment
Zone No. 43 (Coppell Trade Center L.P.)"
SECTION 3. That the property within Reinvestment Zone No. 43 is eligible for
commercial-industrial tax abatement effective on January 1, 2005.
SECTION 4. If any article, paragraph or subdivision, danse 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 J._~t~lay' of
PETER G. SMITI~ ATFORNEY
(P~S/gi6/~o/os) (_./
DO!
~R, MAYOR
Y
2 550~
Exhibit "A"
Legal description of Land
BEING 40.655 acres of land located in the JOHN E. HOLLAND SURVEY, ABSTRACT NO.
614, City of Coppell, DALLAS County, Texas and being the same property conveyed to Coppell
Sandy Lake Industrial, L.P., by deed recorded in Volume 2004147, Page 7592 of the Deed
Records of Dallas County, Texas and more particularly described by metes and bounds as
follows:
BEGINNING at a V4 inch iron rod found at the Southeast comer of said Coppell Sandy Lake Industrial,
L.P. tract, being the most Southerly Southwest comer of that certain 130.7100 acre tract of land conveyed
to William F. Callejo, Trustee according to the Deed recorded in Volume 80004, Page 1835 of the Deed
Records of DALLAS County, Texas, said iron rod lying in the North right-of-way line of Sandy Lake
Road (Thweatt Road) (County Road No. 3044), a called 50 foot right-of-way, and lying be Deed South 89
degrees 43' 25" West, 697.18 feet and North 89 degrees 45' 00" West, 227.92 feet along said right-of-
way line from the Southwest comer of that certain tract of land conveyed to Brazos River Transmission
Electric Cooperative, Inc., according to the Deed recorded in Volume 2366, Page 327 of the Deed
Records of Dallas County, Texas;
THENCE North 89 degrees 45' 23" West for a distance of 1275.24 feet along the North fight-of-way line
of said Sandy Lake Road to a 5/8 inch iron rod found at the Southwest comer of said Coppell Sandy Lake
Industrial, L.P. tract, same being the Southeast comer of that certain tract of land conveyed to Ferguson
Realty Company according to the Deed recorded in Volume 79085, Page 2171 of the Deed Records of
Dallas County, Texas;
THENCE North 00 degrees 37' 01" West for a distance of 1387.42 feet to a 5/8 inch iron rod found at the
Northwest comer of said Coppell Sandy Lake Industrial, L.P. tract, same being at the Northeast comer of said
Ferguson Realty Company tract and lying in the Southwest boundary line of aforesaid Callejo 130.710 acre
tract;
THENCE South 89 degrees 53'16" East for a distance of 1275.09 feet along the North boundary line of
said Coppell Sandy Lake Industrial, L.P. tract and the common South boundary line of said Callejo tract,
to a ~A inch iron rod found at the Northeast corner of said Coppell Sandy Lake Industrial, L.P. tract;
THENCE South 00 degrees 37' 17" East for a distance of 1390.41 feet along the East boundary line of
said Coppell Sandy Lake Industrial, L.P. tract and continuing with a West boundary line of Callejo tract
to the PLACE OF BEGINNING and CONTAINING 40.655 ACRES OF LAND, more or less.