OR 2006-1128 Reinvestment Zone No.49 (Coppell Hard Eight, Ltd.)
ORDINANCE NO. 2006-1128
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
COPPELL, DALLAS COUNTY, TEXAS, DESIGNATING
REINVESTMENT ZONE NO. 49 (COPPELL HARD EIGHT, 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 FOR A SEVERABILITY CLAUSE; PROVIDING FOR A
REPEALING CLAUSE; AND PROVIDING FOR THE EFFECTIVE DATE
OF SAID ORDINANCE.
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; and
WHEREAS, the proposed Tax Abatement Agreement by and among the City of Coppell,
Texas, and Coppell Hard Eight, Ltd., attached hereto as Exhibit "A" has been presented to the
City Council; and the City Council is of the opinion and finds that the terms and conditions
thereof should be approved and that the Mayor should be authorized to execute the Agreement
on behalf of the City of Coppel1.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF COPPELL, DALLAS COUNTY, TEXAS, THAT:
SECTION 1. 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 rendition 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.
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SECTION 2. Pursuant to the provisions of Section 312.201 of the Texas Tax Code, the
real property described in the Tax Abatement Agreement attached hereto as Exhibit "A" 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. 49."
SECTION 3. The property within Reinvestment Zone No. 49 is eligible for commercial-
industrial tax abatement effective January 1, 2006.
SECTION 4. The Agreement attached hereto as Exhibit "A" having been reviewed by
the City Council and found to be acceptable and in the best interests of the City and its citizens,
is hereby approved, and the Mayor is hereby authorized to execute the Agreement on behalf of
the City ofCoppell, Texas.
SECTION 6. That should any sentence, paragraph, subdivision, clause, phrase or section
of this ordinance be adjudged or held to be unconstitutional, illegal or invalid, 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 unconstitutional, illegal or invalid, and shall not affect the validity of the
Comprehensive Zoning Ordinance as a whole.
SECTION 5. That all provisions of the 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 7. This ordinance shall take effect immediately from and after its passage in
accordance with the provisions of the Charter of the City of Coppell, and it is accordingly so
ordained.
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DULY PASSED by the City Council of the City of Coppell, Texas, this the "2.'1 ~ day of
~.A/?A ~./ , 2006.
U APPROVED:
JJ/;{Jj~
DO LAS JSTOVER, MAYOR
ATIEST:
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Exhibit "A"
Legal Description
CRESCENT ADDITION
LOT 1, BLOCK A
WHEREAS City ofCoppell is the owner of a 2.1898 acre tract of land situated in the James A.
Simmons Survey, Abstract No. 1296, Dallas County, Texas; said tract being part of a tract of
land described in deed to City ofCoppell recorded in Volume 2003094, Page 0797 of the Deed
Records of Dallas County, Texas; said tract also being part of Block 5, Coppell Commerce
Center Phase I, an addition to the City ofCoppell, recorded in Vol. 81051, pg. 3041, deed
records, Dallas County, Texas; said 2.1898 acre tract bring more particularly described as
follows:
BEGINNING, as a 1Iz inch iron rod found for corner, said point being in the south right-of-way
line of Bethel Road (a 50 foot right-of-way); said point also being the northwest corner of that
certain 1.09 acre tract ofland described in deed to Camille Juraszek recorded in Volume 99100,
Page 674 of the Deed Records of Dallas County, Texas;
THENCE, South 01 degrees 18 minutes 00 seconds West, departing said south right-of-way line
of Bethel Road, a distance of 183.30 feet to a 1Iz inch iron rod found for corner; said point being
in the north line of a 18.918 acre tract ofland described in deed to KCO TXII Coppell Inv. Ltd
recorded in Volume 2000246, Page 3694 of the Deed Records of Dallas County, Texas;
THENCE, North 89 degrees 01 minutes 04 seconds West, a distance of520.4l feet to a "+" cut
found on the top of curb in the east right-of-way line of Freeport Parkway (a 70 foot right-of-way
at this point);
THENCE, North 01 degrees 18 minutes 00 seconds East, along said east right-of-way line of
Freeport Parkway, a distance of 183.30 feet to a 1Iz inch iron rod w/"PACHECO KOCH" cap set
for corner; said point being at the intersection of the east right-of-way line of Freeport Parkway
and the south right-of-way line of Bethel Road;
THENCE, South 89 degrees 01 minutes 04 seconds East, departing said east right-of-way line of
Freeport Parkway and along said south right-of-way line of Bethel Road, a distance of 520.41
feet to the POINT OF BEGINNING;
CONTAINING, 95,390 square feet or 2.1898 acres ofland, more or less.
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