OR 2005-1101 Reinvestment Zone No. 46 (BCE Specialties and BBJ & E Ltd.); ORDINANCE NO. 2005-1101
AN ORDINANCE OF THE CITY OF COPPELL, TEXAS, DESIGNATING
REINVESTMENT ZONE NO. 46 (BCE SPECIALTIES and BBJ & E Ltd.);
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. 46 (BCE Specialties and BBJ & E Ltd.)"
SECTION3. That the property within Reinvestment Zone No. 46 is eligible for
commercial-industrial tax abatement effective on January 1,2006.
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 J_~.._~ay of
2005.
APPROVE~
PETER G. SMITH, CITY/aI~n'rORNEY
(PGS/ajh 7/6/05)(73692)
DOL~S-~TO~rER, MAYOR
ATI~ST:
mBY BAL SECI~T.~RV
2 73692
EXHIBIT "A"
LEGAL DESCRIPTION OF LAND
BEING a tract of land situated in the Jesse Moore Survey, Abstract No. 968 in the City of
Coppell, Dallas County, Texas, and being all of Lot 2, Four Seasons Addition to the City of
Coppell as recorded in Volume 99241, Page 00196 of the Deed Records of Dallas County, Texas
(D.R.D.C.T.), same being part of a tract of land described in Deed to Mardevco Credit
Corporation as recorded in Volume 91129, Page 4397, D.R.D.C.T., and being more particularly
described as follows:
BEGINNING at a iA-inch set iron rod with a yellow plastic cap stamped "HALFF ASSOC INC"
(herein referred to as "with cap") for the Northwest corner of said Lot 2, said corner being at the
intersection of the South right-of-way line of Sandy Lake Road (variable width right-of-way, 120
feet wide at this point) with the East right-of-way line of Royal Lane (variable width right-of-
way, 130 feet wide at this point);
THENCE East, along said South right-of-way line, a distance of 300.00 feet to a iA-inch iron rod
with cap for corner;
THENCE North, continuing along said South right-of-way line, a distance of 10.00 feet to a 1A-
inch iron rod with cap for corner;
THENCE East, along said South right-of-way line, a distance of 291.09 feet to a iA-inch found
iron with cap for corner, said point being the Northwest corner of Lot lA, Block A, Amberpoint
Business Park at Coppell, an Addition to the City of Coppell as recorded in Volume 2003077,
Page 00080, D.R.D.C.T.;
THENCE South 00 degrees 10 minutes 34 seconds East, departing said South right-of-way line
and along the West line of said Lot lA, a distance of 304.27 feet to a iA-inch found iron rod for
corner, said point being the common corner of Lot 1 and Lot 2 of said Four Seasons Addition;
THENCE South 89 degrees 49 minutes 26 seconds West, departing said West line and along the
common North line of said Lot 1 and South line of said Lot 2, a distance of 606.12 feet to a 1A-
inch found iron rod on the aforementioned east right-of-way line of Royal Lane (100 feet wide at
this point);
THENCE North 00 degrees 10 minutes 34 seconds West, continuing along said East right-of-
way line, a distance of 66.13 feet to a iA-inch found iron rod with cap for corner;
THENCE East, continuing along said East right-of-way line, a distance of 15.00 feet to a 5/8-
inch found iron rod for corner;
THENCE North 00 degrees 10 minutes 34 seconds West, continuing along said East right-of-
way line, a distance of 230.00 feet to the POINT OF BEGINNING AND CONTAINING
178.387 square feet or 4.095 acres of land.