OR 99-863 Designates Reinvestment Zone 24
ORDINANCE NO. 99863
AN ORDINANCE OFTHE CITY OF COPPELL, TEXAS, DESIGNATING
REINVESTMENT ZONE NO. 24 (THE INDUSTRIAL GROUP);
PROVIDING ELIGIBILITIY OF THE ZONE FOR COMMERCIAL
INDUSTRIAL TAX ABATEMENT; CONTAINING FINDINGS THAT THE
AREA QUALIFIES TO BE DESIGNATED AS A REINVESTMENT ZONE
AND THE INPROVEMENTS 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.
W~S, the Ci~ Co~cH of the CiW of Coppe~ Text, h~ ~u~d notice to be published
~ a newspap~ ha~ng gener~ c~culation ~ the Ci~ ~d h~ defiver~ ~ch noti~ to the presid~g
o~r of the gove~g body of ~ch t~g u~t that ~dudes ~ its bound~es r~ prope~ desc~bed
beret; ~d
W~AS, the Ci~ Council of the Ci~ of Coppert, Text, h~ conducted a public h~ng
on the desi~ation of the ~ de~b~ here~ ~ a re~ve~ment ~ne;
NOW, ~E~FO~, BE ff O~D BY ~ ~ CO~C~ OF ~E CI~ OF
COPPELL, D~S CO~, ~S T~T:
SEC~ON 1: ~at the Ci~ Council of ~e Ci~ of Coppell, Tex~ ~ds that the ~
de~b~ here~ ~1, if desi~at~ ~ a re~ves~ent zone, be r~n~ly ~ely to cont~bute to the
retention or exp~sion of p~ emplo~ent, or to a~ra~ major ~vestment ~ the zone that ~ be
of benefit to the prope~ ~d ~nt~bute to the ~no~c development of the Ci~. ~e City Council
~her ~ds ~at the improvements ~u~t ~e f~ible ~d p~i~le ~d would be of benefit to the
l~d to be ~dud~ ~ the ~ne ~d to ~e Ci~ ~er the expiation of a ~ abmement ~eemem.
SE~ON 2. ~at pursuit to the pro~sio~ of S~tion 312.201 of the Tex~ T~ Code, the
prope~ de~fib~ ~ E~bit "A" aRach~ hereto ~d made a p~ hereof for ~1 pu~oses is hereby
desi~at~ ~ a reinvestment zone ~d for ident~tion is ~si~ ~e n~e "Reinvestment Zone No.
24."
1 SS2378g
SECTION 3. That the property within Reinvestment Zone No. 24 is efigible for commercial-
industrial tax abatement effective on January 1, 2000.
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 ordinauces 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the provisions of this ordinance be, and the same are hereby, repealed, and all other provisions not in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 fi~ll force and effect.
SECTION 6. This ordinance shall take effect immediately ~om 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 C/fl~ day of
77 "?~ l~O IL_, , 1999.
APP ,/R2))VED: ~ , . } /
CANDY SHEE~FN,*MAYOR7 '
ATTEST:
/ )
KATHLEEN ROACH, CITY SECRETARY
APPROVED AS TO FORM:
PETER G. SMITI~~RNEY
(PGS/ttl 3/1/99)
2 8823788
FIELD NOTES:
WHEREAS, toDDBill21 Partners, L.P.. is the safe owner of a tract of land situated in the
T.W. Cousy Survey, Abstract NO. 317, and being allot Phase 1, Block I, One Twenty
One Business Park, on addition to ti~e City of Coppoll. as recorded in Volume 8~O94. Page
2568, Map Records, 0ellas County, Texas, and being more particularly deScrlbed as
fallows:
BEGINNING at oV2' found iron rod with CoO for tl~e Southeast corner Of Phase 1, Block
I. said iron rod being in the west right-of-way line of CoppellRood Cs dedicated on the
FinaiPlat - Phose 1, One Twenty One Business Park, as recorded in Volume 81094. Page
2568, MaD Records, Dallas County, Texas, and also being In the north Hne of the W.F.
ColloiD, Trust, tract recorded [n Volume 80004, Page T835, 0eed Records, Dallas
County. Texas, and aiso being In the common line Of the John E. HoLland Survey. Abstract
No. 614 and the T.W. Cousy Survey. Abstract No. 31T:
THENCE NOrth 88 degrees 26 minutes 35 seconds West, along the south line of said
T.W. Cousy Survey, o distance of 249?.1t feet to aV2' found iron rod with cop for
corner, said Iron rod being In the east right-of-way tlne of State Highway 121 (variable
width right-of-way): ,,
THENCE North 44 degrees 13 minutes 23 seconds East, deporting said south line end
along said east line, a distance of Ggl.YG feet to at/2" found iron rod with COp for corner,
sold iron rod being in the south right-of-way line of Corporate Pork Boulevard (60 foot
wide right-of-way). and also being the point of curvature for o non-tangent circular curve
to the left wlth a radius of 460.27 feet and O chord bearing and distance of South 68
degrees 20 minutes 32 seconds East, 315.06 feet;
THENCE along said curve to the left, departing said east Une and along said south line,.
through a central angle of 40 degrees I mlnute 43 seconds, an arc distance of 321.56 feet
to aV2" found Fron rod with cap for Corner:
THENCE South 88 degrees 26 minutes O seconds East, along sold south line, a distance
of 1731.83 feet to or2' found iron rod with cad for corner, said Iron rod being in said
west right-of-way line of CoppellRoad;
THENCE South 1 degree 28 minutes 22 seconds West, deporting said south line and
along Said west line, a distance of 400.09 feet to the POINT OF BEGINN;NO AND
CONTAINING 941,102 square feet or 21.6047 acres of land more or less.
EY~IBIT "A"