RE 2006-1128.2
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RESOLUTIC20070018866 v-
15 PGS
RESOLUTION NO. ~ODIo,../JZ~. 'Z.
A RESOLUTION OF THE CITY OF COPPELL, TEXAS, APPROVING THE
TERMS AND CONDITIONS OF A TAX ABATEMENT AGREEMENT BY AND
BETWEEN THE CITY OF COPPELL, TEXAS AND TEXAS DUGAN-700/800 W.
BETHEL; AUTHORIZING ITS EXECUTION BY THE MAYOR; AND PROVIDING AN
EFFECTIVE DATE.
WHEREAS, the City Council has been presented a proposed Tax Abatement Agreement by
and between the City of Coppell, Texas and Texas Dugan-700/800 W. Bethel, a copy of which is
attached hereto and incorporated herein by reference; and
WHEREAS, upon full review and consideration of the Agreement, and all matters related
thereto, the City Council is of the opinion and fmds 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 Coppell, Texas;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF COPPELL, TEXAS, THAT:
SECTION 1. The Agreement attached hereto having been reviewed by the City Council of
the City of Coppell, Texas, and found to be acceptable and in the best interest of the City and its
citizens, be, and the same is hereby, in all things approved, and the Mayor is hereby authorized to
execute the Agreement on behalf of the City of Coppell, Texas.
SECTION 2. The City Council finds that the improvements proposed to be built upon the
Premises described in the Agreement will enhance the economic vitality of the community through
a combination of new capital investment, increased sales tax revenues, and the creation of additional
job opportunities.
SECTION 3. The tax abatement to be granted by the Agreement will not include
inventory, and supplies.
SECTION 4. The improvements proposed for the Premises will accomplish the tax
abatement guidelines of the City ofCoppell, Texas.
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SECTION 5. The City Manager delivered to the presiding officer of the governing body of
each taxing unit in which the property subject to the Agreement is located, a written notice that the
City of Coppell, Texas, intends to enter into the Agreement. The notice given by the City Manager
included a copy of the Agreement approved by this Resolution.
SECTION 6. This Resolution and the Tax Abatement Agreement are hereby approved by
the affirmative vote of the majority of the members of the City Council of the City of Coppell,
Texas, at a regularly scheduled meeting of the City Council.
SECTION 7. This Resolution shall become effective immediately from and after its
passage.
DULY RESOLVED AND ADOPTED by the City Council of the City of Coppell, Texas,
on this the ~ayof 7?th)~M
ATTEST:
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LIBBY BALtgrr SECRETARY
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11252
STATE OF TEXAS
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Tax Abatement Agreement
COUNTY OF DALlAS
This Tax Abatement Agreement (the "Agreement") is entered into by and between the City
of Coppell, Texas (the "City"), and Texas Dugan Umited Partnership ("Owner"), acting by and
through their authorized representatives.
WITNES SETH:
WHEREAS, the City Council of the City of Coppell, Texas, (the "City"), passed an
Ordinance (the "Ordinance") establishing Tax Abatement Reinvestment Zone No. 51 (the "Zone"),
for commercial/industrial tax abatement, as authorized by the Property Redevelopment and Tax
Abatement Act, Chapter 312 of the Texas Tax Code, as amended (the "Tax Code"); and
WHEREAS, the City has adopted guidelines for tax abatement (the "Tax Abatement
Guidelines"); and
WHEREAS, the Tax Abatement Guidelines contain appropriate guidelines and criteria
governing tax abatement agreements to be entered into by the City as contemplated by the Tax
Code; and
WHEREAS, the City has adopted a resolution stating that it elects to be eligible to
participate in tax abatement; and
WHEREAS, in order to maintain and enhance the commercial and industrial economic and
employment base of the Coppell area, it is in the best interests of the taxpayers for the City to enter
into this Agreement in accordance with said Ordinance, the Tax Abatement Guidelines and the Tax
Code; and
WHEREAS, Owner owns the real property described in Exhibit "A" ("Land") and intends
to construct two (2) tlex/light industrial buildings containing approximately 238,700 square feet of
space in the aggregate (collectively the 'Improvements") on the Land; and
WHEREAS, Owner's development efforts described herein will create permanent new jobs
in the City; and
WHEREAS, the City Council fmds that the contemplated use of the Premises (hereinafter
defmed), the contemplated Improvements thereto in the amount set forth in this Agreement, and the
other terms hereof are consistent with encouraging development of the Zone in accordance with the
purposes for its creation and/or in compliance with the Tax Abatement Guidelines, the Ordinance
adopted by the City, the Tax Code and all other applicable laws; and
WHEREAS, the City Council fmds that the Improvements sought are feasible and
practicable and would be of benefit to the Premises to be included in the Zone and to the City after
expiration of this Agreement; and
Texas Dugan 700/800 Bethel Road Tax Abatement Agreement -Page 1
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WHEREAS, a copy of this Agreement has been furnished, in the manner prescribed by the
Tax Code, to the presiding officers of the governing bodies of each of the taxing units in which the
Premises is located; and
WHEREAS, the City desires to enter into an agreement with the Owner for the abatement
of taxes pursuant to Chapter 312 of the Tax Code as amended.
NOW, THEREFORE, in consideration of the mutual benefits and promises contained
herein and for good and other valuable consideration, the adequacy and receipt of which is hereby
acknowledged, including the expansion of primary employment, the attraction of major investment
in the Zone, which contributes to the economic development of Coppell and the enhancement of the
tax base in the City, the parties agree as follows:
Article I
Defmitions
Wherever used in this Agreement, the following terms shall have the meanings ascribed
to them:
"Base Year Taxable Value" shall mean the Taxable Value for the Land for the year in
which the Tax Abatement Agreement is executed (2006).
"Building A" shall mean a flex/light industrial building containing approximately
143,000 square feet of space to be constructed on the Land.
"Building B" shall mean a flex/light industrial building containing approximately
95,700square feet of space to be constructed on the Land
"Commencement of Construction" shall mean that: (i) the plans have been prepared and
all approvals thereof required by applicable governmental authorities have been obtained for
construction of the Improvements; (ii) all necessary permits for the construction of the
Improvements, on the Land pursuant to the respective plans therefore having been issued by all
applicable governmental authorities; and (iii) grading of the Land or the construction of the
vertical elements of the Improvements has commenced.
"Completion of Construction" shall mean: (i) substantial completion of the
Improvements; and (ii) a final certificate of occupancy has been issued for last of the buildings
comprising the Improvements.
"Effective Date" shall mean the last date of execution of this Agreement.
"Event of Bankruptcy or Insolvency" shall mean the dissolution or termination of a
party's existence as a going business, insolvency, appointment of receiver for any part of a
party's property and such appointment is not terminated within ninety (90) days after such
appointment is initially made, any general assignment for the benefit of creditors, or the
Texas Dugan 700/800 Bethel Road Tax Abatement Agreement -Page 2
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commencement of any proceeding under any bankruptcy or insolvency laws by or against such
party, and such proceeding is not dismissed within ninety (90) days after the filing thereof.
"First Year of Abatement" shall mean January 1 of the calendar year immediately
following the date of issuance of the first final certificate of occupancy for the first of the two
buildings comprising the Improvements.
"Force Majeure" shall mean any contingency or cause beyond the reasonable control of a
party including, without limitation, acts of God or the public enemy, war, riot, civil commotion,
insurrection, adverse weather, government or de facto governmental action (unless caused by
acts or omissions of such party), fires, explosions or floods, strikes, slowdowns or work
stoppages.
"Improvements" shall collectively mean the Buildings A and B containing approximately
238,700 square feet of space in the aggregate to be constructed on the Land located at 700 and 800
w. Bethel Road Coppell, Texas (and other ancillary facilities such as reasonably required parking
and landscaping more fully described in the submittals fIled by Owner with the City, from time to
time, in order to obtain a building perrnit(s).
"Land" means the real property described in Exhibit A.
"Premises" shall collectively mean the Land and the Improvements following
construction thereof.
"Taxable Value" means the appraised value as certified by the Appraisal District as of
January 1 of a given year.
Article II
General Provisions
2.1 Owner is the owner of, the Land, which Land is located within the city limits of the
City and within the Zone. Owner intends to construct the Improvements on the Land.
2.2 The Premises are not in an improvement project financed by tax increment bonds.
2.3 This Agreement is entered into subject to the rights of the holders of outstanding
bonds of the City.
2.4 The Premises are not owned or leased by any member of the Coppell City Council
or any member of the Coppell Planning and Zoning Commission, or any member of the governing
body of any taxing units joining in or adopting this Agreement.
2.5 The Owner agrees to provide to the tenants of the Premises, the benefit of the tax
abatement of the Improvements granted herein. Owner shall, upon written request, provide the
City, with satisfactory evidence that the benefits of this Tax Abatement Agreement have been
provided to any such tenants.
Texas Dugan 700/800 Bethel Road Tax Abatement Agreement -Page 3
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2.6 Owner shall before May 1, of each calendar year that the Agreement is in effect,
certify in writing to the City that it is in compliance with each term of the Agreement.
2.7 The Land and the Improvements constructed thereon at all times shall be used in the
manner (i) that is consistent with the City's Comprehensive Zoning Ordinance, as amended, and (ii)
that, during the period taxes are abated hereunder, is consistent with the general purposes of
encouraging development or redevelopment within the Zone.
Article III
Tax Abatement Authorized
3.1 This Agreement is authorized by the Tax Code and in accordance with the City Tax
Abatement Guidelines, and approved by resolution of the City Council.
3.2 Subject to the terms and conditions of this Agreement, and provided the combined
Taxable Value for the Improvements, excluding the Land, is at least Eight Million Dollars
($8,000,000) as of January 1 of the First Year of Abatement and as of January 1 of each year
thereafter that this Agreement is in effect, the City hereby grants Owner an abatement of seventy-
five percent (75%) of the Taxable Value of the Improvements for a period of five (5) consecutive
years. The actual percentage of Taxable Value of the Improvements subject to abatement for each
year this Agreement is in effect will apply only to the portion of the Taxable Value of the
Improvements that exceeds the Base Year Taxable Value.
3.3 The period of tax abatement herein authorized shall be for a period of five (5)
consecutive years.
3.4 During the period of tax abatement herein authorized, Owner shall be subject to all
taxation not abated, including but not limited to, sales tax and ad valorem taxation on land,
inventory and supplies.
Article IV
Improvements
4.1 Owner owns, the Land and intends to construct or caused to be constructed thereon
the Improvements. Nothing in this Agreement shall obligate Owner to construct the Improvements
on the Land but said action is a condition precedent to tax abatement pursuant to this Agreement.
4.2 As a condition precedent to the initiation of the Owner's tax abatement pursuant to
this Agreement, Owner agrees, subject to events of Force Majeure, to cause Commencement of
Construction of the Improvements to occur within two (2) months after the Effective Date, and to
cause Completion of Construction of the Improvements to occur within twelve (12) calendar
months thereafter, as good and valuable consideration for this Agreement, and that all construction
of the Improvements will be in accordance with all applicable state and local laws, codes, and
regulations, (or valid waiver thereof).
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4.3 Construction plans for the Improvements constructed on the Land will be fIled with
the City, which shall be deemed to be incorporated by reference herein and made a part hereof for
all purposes.
4.4 Owner agrees to maintain the Improvements during the term of this Agreement in
accordance with all applicable state and local laws, codes, and regulations. Owner agrees that the
Improvements shall be used only as flex/light industrial buildings for a period of five (5) years
commencing on the date the first final certificate of occupancy is issued for the last of the two
buildings comprising the Improvements.
4.5 The City, its agents and employees shall have the right of access to the Premises
during construction to inspect the Improvements at reasonable times and with reasonable notice to
Owner, and in accordance with Owner's visitor access and security policies, in order to insure that
the construction of the Improvements are in accordance with this Agreement and all applicable state
and local laws and regulations (or valid waiver thereof).
Article V
Default: Recapture of Tax Revenue
5.1 In the event Owner: (i) fails to cause Completion of Construction of the
Improvements in accordance with this Agreement or in accordance with applicable State or local
laws, codes or regulations; (ii) has delinquent ad valorem or sales taxes owed to the City (provided
Owner retains its right to timely and properly protest such taxes or assessment); (iii) has an "Event
of Bankruptcy or Insolvency"; or (iv) breaches any of the terms and conditions of this Agreement,
then Owner after the expiration of the notice and cure periods described below, shall be in default of
this Agreement. As liquidated damages in the event of such default, the Owner shall, within thirty
(30) days after demand, pay to the City all taxes which otherwise would have been paid by the
Owner to the City without benefit of a tax abatement for the Improvements, with interest at the
statutory rate for delinquent taxes as determined by Section 33.01 of the Tax Code as amended but
without penalty. The parties acknowledge that actual damages in the event of default termination
would be speculative and difficult to determine. The parties further agree that any abated tax,
including interest as a result of this Agreement, shall be recoverable against the Owner, its
successors and assigns and shall constitute a tax lien against the Premises, and shall become due,
owing and shall be paid to the City within thirty (30) days after termination.
5.2 Upon breach by Owner of any obligations under this Agreement, the City shall
notify the Owner in writing, who shall have thirty (30) days from receipt of the notice in which to
cure any such default. If the default cannot reasonably be cured within a thirty (30) day period, and
the Owner has diligently pursued such remedies as shall be reasonably necessary to cure such
default, then the City may extend the period in which the default must be cured.
5.3 If the Owner fails to cure the default within the time provided as specified above or,
as such time period may be extended, then the City at its sole option shall have the right to terminate
this Agreement, by written notice to the Owner.
Texas Dugan 700/800 Bethel Road Tax Abatement Agreement -Page 5
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5.4 Upon termination of this Agreement by City, all tax abated as a result of this
Agreement, shall become a debt to the City as liquidated damages, and shall become due and
payable not later than sixty (60) days after a notice of termination is made. The City shall have all
remedies for the collection of the abated tax provided generally in the Tax Code for the collection of
delinquent property tax. The City at its sole discretion has the option to provide a repayment
schedule. The computation of the abated tax for the purposes of the Agreement shall be based upon
the full Taxable Value of the Improvements, without tax abatement for the years in which tax
abatement hereunder was received by the Owner, as determined by the Appraisal District,
multiplied by the tax rate of the years in question, as calculated by the City Tax Assessor-Collector.
The liquidated damages shall incur penalties as provided for delinquent taxes and shall commence
to accrue after expiration of the sixty (60) day payment period.
Article VI
Annual Application for Tax Exemption
It shall be the responsibility of the Owner pursuant to the Tax Code, to fIle an annual
exemption application form with the Chief Appraiser for each Appraisal District in which the
eligible taxable property has situs. A copy of the exemption application shall be submitted to the
City upon request.
Article VII
Annual Rendition
The Owner shall annually render the value of the Improvements to the Appraisal District
and provide a copy of the same to the City upon written request.
Article VIII
Miscellaneous
8.1 Notice. All notices required by this Agreement shall be addressed to the following,
or other such other party or address as either party designates in writing, by certified mail, postage
prepaid, or by hand or overnight delivery:
If intended for Owner, to:
Attn: Jeff Turner
Texas Dugan Limited Partnership
5495 Beltline Road
Coppell, Texas 75254
Texas Dugan 700/800 Bethel Road Tax Abatement Agreement -Page 6
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With copy to:
Attn: Corporate Counsel (Texas Market)
Duke Realty Corporation
6133 North River Road
Suite 200
Rosemont, IL 60018
If intended for City, to:
Attn: City Manager
City of Coppell, Texas
P. O. Box 478
Coppell, Texas 75019
Peter G. Smith
Nichols, Jackson, Dillard, Hager & Smith, L.L.P.
1800 Lincoln Plaza
500 N. Akard
Dallas, Texas 75201
8.2 Authorization. This Agreement was authorized by resolution of the City Council
approved by its Council meeting authorizing the Mayor to execute this Agreement on behalf of the
City.
8.3 Severabilitv. In the event any section, subsection, paragraph, sentence, phrase or
word herein is held invalid, illegal or unconstitutional, the balance of this Agreement shall stand,
shall be enforceable and shall be read as if the parties intended at all times to delete said invalid
section, subsection, paragraph, sentence, phrase or word.
8.4 Governine Law. This Agreement shall be construed under the laws of the State of
Texas. Venue for any action under this Agreement shall be the State District Court of Dallas
County, Texas. The parties agree to submit to the personal and subject matter jurisdiction of said
Court.
8.5 Counterparts. This Agreement may be executed in any number of counterparts,
each of which shall be deemed an original and constitute one and the same instrument.
8.6 Entire A!!reement. This Agreement embodies the complete agreement of the
parties hereto, superseding all oral or written previous and contemporary agreements between the
parties and relating to the matters in this Agreement, and except as otherwise provided herein
cannot be modified without written agreement of the parties to be attached to and made a part of this
Agreement.
8.7 Recordation. A certified copy of this Agreement shall be recorded by the City, at no
cost to Owner, in the Deed Records of Dallas County, Texas.
Texas Dugan 700/800 Bethel Road Tax Abatement Agreement -Page 7
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8.8 Recitals. The determinations recited and declared in the preambles to this
Agreement are hereby incorporated herein as part of this Agreement.
8.9 Exhibits. All exhibits to this Agreement are incorporated herein by reference for all
purposes wherever reference is made to the same.
8.10 Chamber of Commerce. During the term of this Agreement, Owner agrees to
maintain continuous corporate membership in the Coppell Chamber of Commerce.
8.11 Assie:nment. This Agreement shall be binding on and inure to the benefit of the
parties to it and their respective heirs, executors, administrators, legal representatives, successors,
and permitted assigns. This Agreement may not be assigned without the prior written consent of
the City Manager. In the event Owner sells, one of the buildings comprising the Improvements
but not both the Owner shall continue to receive the tax abatement provided herein for the
building that the Owner has retained ownership thereof. The Owner may, with the prior written
consent of the City Manager, assign this Agreement in connection with the sale of one or both
buildings to a successor owner thereof. Such permitted assignee as the successor owner of such
building will thereafter be entitled to receive the benefit of the remaining tax abatement, if any,
under this Agreement with respect to such building.
(Signature page to follow)
Texas Dugan 700/800 Bethel Road Tax Abatement Agreement -Page 8
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By:
, 2006.
EXECUTED in duplicate originals the ~l/IQay of
By:
City
EXECUTED in duplicate originals the '2~ay Of~, 2006.
TEXAS DUGAN LIMITED PARTNERSmp, a
Delaware limited partnership
By: DUGAN GENERAL PARTNER LLC, a
Delaware limited liability company, its
general partner
By: DUGAN TEXAS LLC, a Delaware limited
liability company, its sole member
By: DUKE REALTY LIMITED
PARTNERSHIP, an Indiana limited
partnership, its manager
By: DUKE REALTY CORPORATION, an
Indiana corporation, its general partner
By:
Texas Dugan 700/800 Bethel Road Tax Abatement Agreement -Page 9
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City's Acknowledgment
State of Texas ~
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County of Dallas ~
This instrument was acknowledged Before Me on the~ay of77~
2006, By Douglas N. Stover, Mayor of the City of Coppell, Texas, a Texas municipality, on
behalf of said municipality.
My Commission Expires:
0-1/-08
LIBBY BALL
Notary Public
State of Texas
Comm. ExpIre. 06-11<2008
Owner's Acknowledgment
State of Texas
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County of Dallas
Before me, the undersigned, a notary public in and for said county and state, on this day
personally appeared Jeffrey d. Turner, senior vice president of duke realty corporation, an
Indiana corporation, known to me as the person and officer whose name is subscribed to the
foregoing instrument and acknowledged to me that the same was the act of the said Texas Dugan
limited partnership, and that he executed the same as the act of such corporation in its capacity as
general partner of duke realty limited partnership, acting in its capacity as manager of Dugan
Texas LLC, as sole member of Dugan Texas general partner LLC, in its capacity as general
partner of Texas Dugan limited partnership, for th rposes and conside ation therein
expressed, and in the capacity therein stated.
"'"
~ !;)~~~ ALLISON W. KELLEY
~ \: \ ~./~} Notary Public, State ofTexas
~ .~~~ My Commission Expll'!s 02-07-08
Texas Dugan 700/800 Bethel Road Tax Abatement Agreement -Page 10
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FREEPORT XIV & XV
Lots 2R1 and 2R2, Block A, Duke-Freeport Addition
City of Coppell, Dallas County, Texas
DESCRIPTION of a 16.510 acre parcel of land situated in the John Vest Survey, Abstract No.
1508, Dallas County, Texas, and being part of Lot 2, Block A of Duke-Freeport Addition, as
recorded in Volume 2001065, Page 37 of the Plat Records of Dallas County, Texas, said 16.510
acres tract being more particularly described as follows:
BEGINNING, at a 1/2-inch iron rod with "Pacheco Koch" cap set at the intersection of the west
line of Freeport Parkway (110 foot wide right-of-way) and the north line of Bethel Road (90 foot
wide right-of-way); said point also being the southeast corner of said Lot 2;
THENCE, North 89 degrees, 29 minutes, 45 seconds West departing said west line of Freeport
Parkway, along said north line of Bethel Road, and along the south line of said Lot 2, a distance
of 1279.78 feet to a 1/2-inch iron rod with "Pacheco Koch" cap found for corner; said point also
being the southwest corner of said Lot 2;
THENCE, North 00 degrees, 23 minutes, 44 seconds East departing the said north line of Bethel
Road and the said south line of Lot 2, along the west line of said Lot 2 a distance of 162.78 feet to
a 5/8 inch iron rod with "C&B" cap found for an angle point in the said west line of Lot 2;
THENCE, North 11 degrees, 17 minutes, 28 seconds West continuing along the said west line a
distance of 75.57 feet to a 1/2-inch iron rod with "Pacheco Koch" cap found for an angle point in
the said west line of Lot 2;
THENCE, North 00 degrees, 32 minutes, 27 seconds East, continuing along the said west line of
Lot 2, a distance of 249.36 feet to a 1/2-inch iron rod with "Pacheco Koch" cap set for corner;
THENCE departing said west line of Lot 2, crossing said Lot 2 the following six (6) calls:
South 89 degrees, 29 minutes, 45 seconds East a distance of 419.44 feet to a 1/2-inch iron
rod with "Pacheco Koch" cap set for corner;
North 00 degrees, 30 minutes, 15 seconds East a distance of 37.00 feet to a 1/2-inch iron rod
with "Pacheco Koch" cap set for corner;
South 89 degrees, 29 minutes, 45 seconds East a distance of 25.39 feet to a 1/2-inch iron
rod found for an angle point;
North 47 degrees, 34 minutes, 19 seconds East a distance of 25.10 feet to a 1/2-inch iron rod
with "Pacheco Koch" cap set for an angle point;
South 89 degrees, 29 minutes, 45 seconds East a distance of 450.68 feet to a 1/2-inch iron
rod with "Pacheco Koch" cap set for an angle point;
North 54 degrees, 04 minutes, 54 seconds East a distance of 382.30 feet to a 1/2-inch iron
rod found, said point being in the said west line of Freeport Parkway; said point also being in
a non-tangent curve to the right;
THENCE, along the said west line of Freeport Parkway and said non-tangent curve to the right
through a central angle of 20 degrees, 55 minutes, 56 seconds, a radius of 1301.12 feet, a chord
bearing and distance of South 09 degrees, 57 minutes, 43 seconds East, 472.70 feet, an arc
length of 475.35 feet to a 1/2-inch iron rod with "Pacheco Koch" cap set for the point of tangency;
Freeport XIV & XV
Page 2 of 2
THENCE, South 00 degrees, 30 minutes, 15 seconds West continuing along the said west line of
Freeport Parkway a distance of 80.15 feet to a 1/2-inch iron rod with "Pacheco Koch" cap set for
the beginning of a tangent curve to the right;
THENCE, continuing along the said west line of Freeport Parkway and said tangent curve to the
right through a central angle of 12 degrees, 34 minutes, 41 seconds, a radius of 240.00 feet, a
chord bearing and distance of South 06 degrees, 47 minutes, 35 seconds West, 52.58 feet, an
arc length of 52.69 feet to a 1/2-inch iron rod with "Pacheco Koch" cap set for the beginning of a
reverse curve to the left;
THENCE, continuing along the said west line of Freeport Parkway and said reverse curve to the
left through a central angle of 12 degrees, 34 minutes, 41 seconds, a radius of 260.00 feet, a
chord bearing and distance of South 06 degrees, 47 minutes, 35 seconds West, 56.96 feet, an
arc length of 57.08 feet to a 1/2-inch iron rod with "Pacheco Koch" cap set for the point of
tangency;
THENCE, South 00 degrees, 30 minutes, 15 seconds West continuing along the said west line of
Freeport Parkway a distance of 113.33 feet to the POINT OF BEGINNING.
CONTAINING: 719,189 square feet or 16.510 acres of land, more or less.
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Fl~ED AND RECORDED
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John F. Warren, County Cler~
oallas County iE~AS
January 12, 2007 04:24:10 pM
FEE: $6&.00
200'00\~~QQ