OR 2006-1149 Eligibility of Zone 52
ORDINANCE NO. 2006-1149
AN ORDINANCE OF THE CITY OF COPPELL, TEXAS, DESIGNATING
REINVESTMENT ZONE NO. 52 (INDUSTRIAL DEVELOPMENTS
INTERNATIONAL TEXAS, L.P.); 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. 52 (Industrial Developments International Texas, L.P.).”
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SECTION 3. That the property within Reinvestment Zone No. 52 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 /~day of
~~~2006.
ATTEST:
~f:1gt ',3c<.1-1 ~
BY B CITY SECRETARY
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EXHIBIT “A”
LEGAL DESCRIPTION OF LAND
OWNER'S CERTIFICATE
WHEREAS INDUSTRIAL DEVELOPMENTS INTERNATIONAL (TEXAS), L.P., a
Georgia Limited Partnership is the owner of a 27.072 acre tract of land located in the City of
Coppell, Dallas County, Texas, situated in the McKinney & Williams Survey, Abstract No. 1054
and the J.G. Carlock Survey, Abstract No. 312, and being Tract 1 of those tracts conveyed to
Industrial Developments International (Texas), L.P. by deed recorded in Volume 2004028, Page
146 of the Deed Records of Dallas County, Texas (DRDCT) and being more particularly
described as follows:
BEGINNING at a 1/2" iron pin found, said iron pin being the northeast corner of a tract
of land conveyed to Shams Real Estate Partners (LTD) by deed recorded in Volume 2000240,
Page 2919 DRDCT, said iron pin also being on the southerly line of a Dallas Area Rapid Transit
(DART) right-of-way (formerly St. Louis and Southwestern R.R. right-of-way);
THENCE N 75ø57'00" E along said southerly right-of-way line of DART, a distance of
559.73 feet to a capped 1/2" iron pin set from which a capped (NDM) 1/2" iron pin found bears
N 80ø37'07" W, 1.11 feet, said capped iron pin set also being the northwest corner of a
remainder tract conveyed to Dallas Power and Light Company by deed recorded in
Volume 4414, Page 83 DRDCT, said capped iron pin set also being the Point of Curvature of a
circular curve to the right having a radius of 604.36 feet, a central angle of 40ø46'57" and being
subtended by a chord which bears S 83ø39'31" E , 421.15 feet;
THENCE along said curve to the right and westerly line of said Dallas Power and Light
Company tract, a distance of 430.18 feet to a capped 1/2" iron pin set from which a
Capped (NDM) 1/2" iron pin found bears N 66ø30'55" W, 0.52 feet and from which a bent 1/2"
iron pin found bears N 83ø25'26" W, 0.22 feet;
THENCE S 63ø16'03" E tangent to said curve and along said westerly line of said Dallas
Power and Light Company tract, a distance of 297.95 feet to a capped 1/2" iron pin set, said
capped iron pin set also being on the northerly right-of-way line of Beltline Road (120' ROW),
said capped iron pin set also being the Point of Curvature of a non-tangent circular curve to the
left having a radius of 1969.68 feet, a central angle of 13ø19'23" and being subtended by a chord
which bears S 37ø56'50" W, 456.98 feet;
THENCE southwesterly along said curve to the left and said northerly right-of-way line
of Beltline Road, a distance of 458.01 feet to a capped 1/2" iron pin set from which a 5/8"
iron pin found bears N 69ø10'20" E, 0.36 feet;
THENCE S 31ø17'08" W tangent to said curve and along said northerly right-of-way line
of Beltline Road, a distance of 581.65 feet to a capped 1/2" iron pin set, said capped iron pin set
also being the Point of Curvature of a circular curve to the right having a radius of
1372.40 feet, a central angle of 37ø32'01" and being subtended by a chord which bears S
50ø03'09" W, 883.05 feet;
THENCE along said curve to the right and said northerly right-of-way line of Beltline
Road, a distance of 899.04 feet to a capped 1/2" iron pin set, said capped iron pin set also being
the southeast corner of said Shams Real Estate Partners (LTD) tract;
THENCE N 01ø15'45" E along the east line of said Shams Real Estate Partners (LTD), a
distance of 1469.45 feet to the Point of Beginning and containing 1,179,247 square feet
or 27.072 acres of land, more or less.