OR 96-757 Designates Reinvestment Zone 9 ORDINANCE NO.96757 40782 $13.00
AN ORDINANCE OF THE CITY OF COPPELL, TEXAS, DESIGNATING
TAX ABATEMENT REINVESTMENT ZONE NO. 9 (TAR-9); 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, TEXAS:
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 "Tax Abatement Reinvestment Zone No. 9, City of Coppell, Texas (TAR-9)".
SECTION 3. That the property within Tax Abatement Reinvestment Zone No. 9 is
eligible for commercial-industrial tax abatement effective on January 1, 1997.
AGG~B74
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.
TOM MORTON, MAYOR
ATYEST:
APPROVED AS TO FORM:
PETER G. S~,CITY
(PGS/lm 3-26-96)
1110 EXECUTIVE DRIVE, COpPELL, TEXAS
PiXHIBIT A
Beinl · trmcl of lind situated in O~e James A. Sintenon, Survey Abstract No_ 12~. in ~ City
of Cop~ll, ~ll~ County, Texas, and ~in8 ~I of ~1 I BI~ 6 P~k We~t Comme~e
t~ ~co~d in Volume 951~ Page 2334 Dallas County ~ed Recoil (D.C.D.R), gd
more p~icul~ly descriNd as follows;
BEGI~ING st a I/2-inch iron r~ whh a yellow plutic c~p stam~d 'Xalff Also" hereafter
caJl~ wi~ cap. found at Ihc no~e~t ~inz of · comer clip I~atcd along the ~u~ right-of-~ay
of Airllne Drive (~ feel wide) and ~hc EMI righill-way of Executive ~ve (65 feet wide);
I'HEN~ Sou~ 89 degas ~ minulc~ ~ ~conds F~st along EIi4 ,~ righalLway line a
~ista~e ~ ~3.~ feet ~o a l/2-inch i~n ~ wi~ cap found for a
~!~ South ~ ~F~es 53 minutes 14 ~ondm Well dcpa~ing said ~lh line a dist~ of
1307 ~ feet to · I~-inch iron r~ with cap fo,nd for · c~cr of the no~
Wrangler D~ (65 tees wide),
THENCE Noah 89 ~gres ~ minute, 46 ~on~ Wcsl along laid ~h ~$ht-or-way line
distance of ~3.~ feet to a I~-inch iron r~ with cap set for a
TIIENCE No~h ~ delves ~ minutes 46 ~con~ Wc~t ~p~ing S~d north line
2828 f~l to a i~-inch iron r~ wilh cap set for a co~cr on the cue righi-of-way line
Executive DHve:
THEN~ North ~ de~e~ ~3 minu~cs 14 seconds ~e~t alon~ .~aid c~[ right-or-way li~e a
distance of 1267.~9 feel to a I~-inch iron rod ~dh c~p found for ~ comer;
THEN~ N~ 4J ~Br~l 53 minutes 14 ~on~ E~I a diSti~e
OF BEO~NINO AND CO~AIN~O ~5.201 square feet or 13.8935 K~s of land more or
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