OR 2005-1110 Reinvestment Zone No. 45ORDINANCE NO. 2005-1110
AN ORDINANCE OF THE CITY OF COPPELL, TEXAS, DESIGNATING
REINVESTMENT ZONE NO. 45 (LIT INDUSTRIAL); 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. 45 (LIT Industrial)."
1
SECTION 3. That the property within Reinvestment Zone No. 45 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 /,35/!k, day of
2005.
ATTEST:
LIBBY BA ffY SECRETARY
2
LEGAL DESCRIPTION (Sandy Lake 31.57 acres)
BEING a tract of land situated in the John E. Holland Survey, Abstract Number 614, Dallas
County, Texas, and being a part of that tract of land described in deed to Ferguson Realty
Company as recorded in Volume 79085, Page 2171, Deed Records of Dallas County, Texas
(D.R.D.C.T.), and being more particularly described as follows:
BEGINNING at a 5/8 -inch iron rod found in the north right-of-way line of Sandy Lake Road
(formerly known as Thweatt Road, a called 50 foot right-of-way in said deed) for the common
southeast corner of said Ferguson Realty tract and southwest corner of that tract of land
described in deed to Latour Partners, L.P. as recorded in Volume 95197, Page 359, D.R.D.C.T.;
THENCE North 89 degrees 44 minutes 00 seconds West, along said north right-of-way line, a
distance of 980.12 feet to a'/z-inch iron rod with cap stamped "HALFF ASSOC. INC." (hereafter
referred to as "with cap") set for corner;
THENCE North 00 degrees 37 minutes 00 seconds West, departing said north right-of-way line,
a distance of 1305.00 feet to a'/z-inch iron rod with cap set for corner;
THENCE North 89 degrees 52 minutes 00 seconds West, a distance of 218.76 feet to a'/z-inch
iron rod with cap set for corner on the southeasterly right-of-way line of State Highway 121
(variable width right-of-way);
THENCE North 42 degrees 52 minutes 00 seconds East, along said southeasterly right-of-way
line, a distance of 112.01 feet to a 1 -inch iron pipe found for the intersection of said
southeasterly right-of-way line with the north line of the aforementioned Ferguson Realty tract
and south line of that tract of land described in deed to DFW SH -121 Limited Partnership as
recorded in Volume 84046, Page 4613, D.R.D.C.T.;
THENCE South 89 degrees 52 minutes 00 seconds East, departing said southeasterly right-of-
way line and along said north line, a distance of 825.50 feet to an ell corner on the west line of
that tract of land described in deed to William F. Callejo, Trustee as recorded in Volume 80004,
Page 1835, D.R.D.C.T., from which point a 1 -inch iron pipe found bears North 51 degrees 30
minutes 05 seconds East a distance of 0.30 feet;
THENCE South 89 degrees 27 minutes 00 seconds East, along the common line between said
Callejo and Ferguson Realty tracts, a distance of 296.30 feet to a 5/8 -inch iron rod found for the
common northeast corner of said Ferguson Realty tract and northwest corner of the
aforementioned Latour Partners, L.P. tract;
THENCE South 00 degrees 37 minutes 00 seconds East, departing said common line and along
the common line between said Ferguson Realty and Latour Partners, L.P. tracts, a distance of
1387.40 feet to the POINT OF BEGINNING AND CONTAINING 1,375,154 square feet or
31.57 acres of land, more or less.
Exhibit "A"