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RE 10-28-86.1 RESOLUTION NO. 102886.1 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COPPELL, TEXAS, CLOSING THE PUBLIC HEARING ON PROPERTY ASSESSMENTS FOR ROAD IMPROVEMENTS ON BELT LINE ROAD NORTH AND SOUTH FROM INTERSTATE 635 TO BELT LINE ROAD EAST AND WEST, AND A PORTION OF DENTON TAP ROAD FR©M BELTLINE ROAD EAST AND WEST TO NORTH OF SOUTHWESTERN BLVD. FINDING THAT THE PROPOSED ASSESSMENTS TO BE LEVIED ARE FAIR AND EQUITABLE, AND DIRECTING THE PREPARATION OF AN ORDINANCE ASSESSING AGAINST ABUTTING PROPERTY. WHEREAS, Heretofore, a resolution was duly adopted by t~e City Council of the City of Coppell for the improvement of the following street between the limits set forth, out of materials specified, ordering that bids be taken for the construction, and ordering that an estimate of the cost of such improvements be prepared, to-wit: Belt Line Road North and South from Interstate 635 to Belt Line Road East and East and a portion of Denton Tap Road from Beltline Road East and West to north of Southwestern Blvd. WHEREAS, By resolution such estimate and specifications were duly adopted therefore, and that Ginn Inc. authorized to advertise for bids for such construction; and, WHEREAS, By resolution the City Council determined the necessity for assessing a portion of the cost of such improvements against the property abutting such improvements, and the owners thereof, and duly and legally set a time and place for a public hearing thereon, and provided for notice to be given to such owners, as provided by law; and, WHEREAS, The said hearing was duly held at said time and place; and WHEREAS, The City Council, after fully considering said proposed assessments, and fully considering the benefits that each property owner and his property receive from making said improvements, is of the opinion that the said proposed assessments determined to be levied are fair and equitable, and represent the benefits that the said property receives in enhanced values from the making of the said improvements, and that the said assessments should be made; WHEREAS, The Council having no further protest, remonstrance, or objection before it, is of the opinion that the said hearing should be closed; Now, Therefore, Page 1 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COPPELL, TEXAS: SECTION 1. That the said hearing held on the 28th day of October, A.D. 1986, be and the same is hereby ordered closed. SECTION 2: That the City Council finds that the proposed Assessments to be made against the abutting property owners as shown in Exhibit A which is attached hereto and made a part hereof for all purposes, except as hereafter amended in Section 2, are not in excess of the special benefits of such property and its owners in the enhanced value thereof by means of such improvements. SECTION 3. That the City Attorney is hereby directed to prepare an ordinance assessing against the several owners of the abutting property, and against their property abutting upon the street hereinabove mentioned, the proportionate part of said cost herein adjudged against the said respective owners and their property. That the said ordinance shall fix a lien upon said property, and shall declare said respective owners thereof to be respectively liable for the amounts so adjudged against them. Said ordinance shall in all respects comply with the applicable law in such cases made and provided. SECTION 4. That this resolution shall take effect immediately from and after its adoption. PASSED AND APPROVED this 28th day of October, 1986 Mayor, City of Coppell, Texas ATTEST: City Secretary, ~ity of Coppell, Texas APPROVED AS TO FOR~: Ci~ Attorne~y~city of coppell, Texas Page 2 EXHIBIT A ASSESSMENT RATE: $180.~6 PER FRONT FOOT NAME/ADDRESS BLK/LOT ENHANCEMENT ASSESSMENT TO VALUE AMOUNT Hattie M. Lesley 1521/10,12,9,2 $ 2,197,300 $ 533,216.18 Rt~ ] b~x ~2 a, and 4.84 ac Coppe!l 75019 56/1 Texas Utilities 1521/8465/1 S 978,000 S 622,537.49 2001 Bryan Tower ste 2035 1521/8463/1 Dallas i3201 First Security Bank Coppell Hts. S 196,150 $ 52,224.00 1000 S. Belt Line Lots 1,2,3,4, Coppell 75019 14,15,16,17 Ronald D. Van Ness Coppell Hts $ 44,000 $ 13,056.00 1!4 Mason Ct. Lot 5 Coppell 75019 Joseph/3erry Hogan Coppell Hts S 18,000 $ 13,056.00 4517 Fremont Ln. Lot 7 Plano 75075 NorthLake Creative Coppeil Hts $ 24,000 $ 13,056.00 Learning Center Lot 8 924 S. Belt Line Coppell 75019 3827 Acre Partner- Coppell Hts $ 55,000 $ 22,165.17 ship Lot 9 Box C Ceiina 75009 Chevron USA, Inc. Coppell Hts $ 59,000 $ 49,213.98 Box 285 Lot 9A Houston 77001 Mobil 0il Co. 1054/Lot 1 $ 69,000 $ 50,733,00 Box 290 Dallas 75212 James Whitehead 1054/5.2 $ 48,200 $ 7,112.90 7515 Greenville #605 Dallas 75231 Page 3 Wm. G. Thompson 1054/5 $ 11,800 $ 2,978.77 910 Two Turtle Creek Vlg. Dallas 75217 Cowboy Carwash Coppell Hts. $ 27,000 $ 13,056.00 2?52 Newcastle Lot 6 Grapevine 76051 A.E. Caddy/ North Lake Est $ 6,000 $ 4,569.60 Henry Davis Lot 36 9816 Kingsley Dallas 75238 Dairy Queen North Lake Est. 25,000 $ 15,014.40 Box 20798 Lot 37 Dallas 75220 Southwestern Town $ 2,589,250 $ 376,794.85 Lot 1296/15 Box 959 Tyler 75710 Connell 56/6 & 6.1 $ 2,218,000 $ 376,528.51 Development CO. Box 201069 Dallas 75220 TOTAL PROPERTY OPSNERS' COST - ASSESSMENTS S2,i65,SI0.85 TOTAL CITY OF COPPELL COST $3,056,388.43 TOTAL COST OF IMPI'-'~EMENTS S5,221,6:39.28 10/28/86'SVB* Page 4