OR 2005-1117 Reinvestment Zone #48, Historic Coppell Properties ORDINANCE NO. 2005-1117
AN ORDINANCE OF THE CITY OF COPPELL, TEXAS, DESIGNATING
REINVESTMENT ZONE NO. 48 (HISTORIC COPPELL PROPERTIES,
INC.); 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. 48 (Historic Coppell Properties, Inc.)."
1 80060
SECTION3. That the property within Reinvestment Zone No. 48 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 f~_~_~ay of
~~.~g~ 2005. ~ S~T~ ~
DOU¢ ER, MAYOR
ATTEST:
Y
2 8oo6o
EXHIBIT "A"
LEGAL DESCRIPTION OF LAND
Lot 1, Block 1 of the Historic Coppell Properties Addition
Description for a tract of land in the James Simmons Survey, Abstract Number 1296, City of
Coppell, Dallas County, Texas, and being a portion of that tract of land described in a deed to the
City of Coppell, recorded in Volume 99203, Page 3079, Deed Records, Dallas County, Texas,
and being more particularly described as follows:
BEGINNING at a 3/8" iron pin found in the south line of Bethel Road for the most northerly
northwest corner of said City of Coppell tract, from which a lA" iron pin found with cap marked,
"BRITTAIN & CRAWFORD" bears 0.21 of a foot, North 01 degree 19 minutes 54 seconds
East;
THENCE South 85 degrees 25 minutes 51 seconds East a distance of 115.20 feet along the
proposed south line of Bethel Road to a lA" iron pin set with cap marked, "AREA
SURVEYING" for the beginning of a curve, concave to the north, having a radius of 685.00 feet,
and a long chord which bears 34.44 feet, South 86 degrees 45 minutes 55 seconds East;
THENCE Easterly, continuing along the proposed south line of Bethel Road and along said
curve, a distance of 34.44 feet to a lA" iron pin set with cap marked, "AREA SURVEYING" at
the end of said curve;
THENCE South 88 degrees 12 minutes 20 seconds East a distance of 110.51 feet, continuing
along the proposed south line of Bethel Road to a lA" iron pin set with cap marked, "AREA
SURVEYING";
THENCE South 01 degree 47 minutes 40 seconds West a distance of 275.00 feet to a lA" iron pin
set with cap marked, "AREA SURVEYING";
THENCE North 88 degrees 12 minutes 20 seconds West a distance of 254.35 feet to a lA" iron
pin set with cap marked, "AREA SURVEYING";
THENCE North 00 degree 27 minutes 20 seconds East, at 86.22 feet passing a lA" iron pin found
for a northwest corner of said City of Coppell tract, in all, a total distance of 281.52 feet to the
POINT OF BEGINNING, said described tract containing 1.636 acre of land.