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RE 12-13-83.1 RESOLUTION NO. 121383.1 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COPPELL, TEXAS, MAKING FINDINGS AS TO AND DESIGNATING PORTIONS OF THE CITY OF COPPELL AS ECONOMICALLY DEPRESSED AREAS FOR PURPOSES OF THE DEVELOPMENT CORPORATION ACT OF 1979; DESCRIBING THE CITY'S OVERALL REDEVELOPMENT OBJECTIVES; REQUESTING THE TEXAS ECONOMIC DEVELOPMENT COMMISSION TO APPROVE COMMERCIAL PROJECTS WITHIN SUCH ECONOMICALLY DEPRESSED AREAS; DESCRIBING THE TYPE OF PROJECTS FOR COMMERCIAL USES DESIRED AND A[JTHORIZED BY THE CITY OF COPPELL; AND REPRESENTING THAT THE CITY COUNCIL WILL REVIEW ALL PROJECT DESCRIPTIONS WHEREAS, the City Cotmcil of the City of Coppell (the "City") gave due and proper notice of a public hearing pursuant to the Development Corporation Art of 1979, Article 5190.6, Veraon's Annotated Texas Civil Statutes, as amended (the "Art"), and the regulations (the "Regulations") promulgated by the Texas Economic Development Commission theretmder (Chapter 107, Title t0, Texas Administrative Code, as amended) to be held on this date for the purpose of establishing certain areas of the City as economically depressed areas (the "Economically Depressed Areas") under and for the purposes of the Act and the Regulations; and WHEREAS, the City Conneil has found that notice was properly posted and published as required by the Art and the Regulations, that the public hearing was held on November 22, 1983 in accordance with law, that the public was given the opportunity to be and was heard on the proposal submitted and that the City Cotmcil has given due and proper regard to the testimony presented; and WHEREAS, the City Council has found that areas of the City which are located to the north of the Dallas-Fort Worth Regional Airport, directly under the flight paths of incoming and outgoing iets, are unsuitable for residential development thereby creating an overabundance of non-residential property and making it difficult for the City to promote development in such areas; and WHEREAS, the City Conneil has determined and hereby finds that the following economically depressed conditions exist within the areas described in Exhibit A attaebed hereto, designated in this l~esolution as Economically Depressed Areas within the City of Coppell, to-wit: Economically Depressed Area i contains the presence of a substantial uumber of substandard, slum, deteriorated ur deteriorating structures and contains high relative rates of unemployment; Eeonomieully Depressed Area II primarily suffers from a high relative rate of unemployment; and WHEREAS, the City Council, at'ter tile conduct o1~ the said public hearing, finds and determines tbat the existence oI' such conditions stated above in the Eeunomieally Depressed Areas substa~ltially impair or arrest the sound §~owth of the City o[' Coppell, or eonstitute an economic or soeial liability and are a menace to the public health, safety oc welfare ill their present condition and use; WHEP~EAS, the City presently has no speeifie plmis loc public improvements iu the Economically Depressed Areas; WHEREAS, the City Council tlas hwtber found ~md determined that the City of Coppell's eem~omic base depends in substantial pact on ma~ufaeturiug ,mad indastrial aetivities, distrib~tion of produets ia iutrastate and interstate eommeree, as well as various commercial activities, and that by virtue of the eunditions ceeited the City uf Coppell is experiencing a need ~or an increased tax base, inereased commercial activities ~md a need for jobs of a character suitable l'or its ~memployed population in order that tile present and prospective rigbt to gainful employment and the general welfare o~' the people ot' the City might be realized, ~ld that the provisions of the Aet and Regnlations will assist the City of CoppeIl in achieving these objectives in the Eeounmieally Depressed Areas, and that the availability of financing of projects for commercial uses luider the Act ~uld the R~eglllations will contribute significantly to the alleviation of the eeunomieally depressed conditions found to exist in the said Eeonomieally Depressed Areas established hereby. NOW, THEREFORE, BE IT P~ESOLVED BY THE CITY COUNCIL OF THE CITY OF COPPELL: Seetiun 1. That tile declarations, determinations a~ld l'iudings recited and declared in the preambles to this Resolution are hereby restated, repeated and ineorporated herein as the current, proper a~d lawful deelarations, determinations m~d findings of tile City Cotmeil. Section 2. That the areas within the botmdaries of the City of Coppell, conforming to the deseriptiou a~ld the map o~ the City attached hereto as Exhibit A are hereby designated as tm Eeonomieally Depressed Areas under and t'or the purposes o[' the Act mid the R.e§~llations. Section 3. That the City Council requests the Texas Economic Development Commission to approve commercial projects loc fiua~lciug trader the Act a~d the Re§~lations within said Eeouomieally Depressed Areas of the following types, to-wit: (a) offices and uffiee eumplexes; (b) eommereial t'aeilities; (e) eonvention mid related t'aeilities; (d) hoteL/motel ~md related l~aei[ities; (e) other commercial activities contributing to revitalization of and providing' serviees to residents located within and adjacent to Economically Depressed Areas 'that will result in the improvement of the economically depressed conditions existing therein by adding additional employment and jobs thereto or by expmnding the tax base thereof. Section 4. That the City Council represents that it will review ail project descriptions for approval of specific projects for commercial uses in order to determine whether such projects are consistent with the City's objectives for redevelopment and rehabilitation of the Economically Depressed Areas designated herein. Section 5. That this Resolution shall t'~ke effect immediately from and after its adoption. PASSED AND APPROVED BY THE CITY COUNCIL on this 13th day of December, 1983. Mfiyoe, City of Coppell, Te.x~ ATTEST: 'City' S~cretary,/City of C0ppell, Texas O04Xx EXHIBIT A Eqonomicall¥ Depressed Area I This contains the following portions of the City of Coppell as shown on the city's land use map: Abstract No. 18 Tracts 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 18, 20, 22, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59, 60, 61, 62, 63, 64, 65, 66, 67, 69, 70, 71, 72, 73, 74, 75, 76, 78, 91, 92, 97, 98, 100. 56 All areas contained therein. 199 Tracts 1, 2, 3, 4, 5, 6, 7, 11, 16, 17. 694 Sunnydale Acres 783 Tracts 1, 12. 806 Tracts 2, 3, 4, 5, 6, 7, 8, 8a, 8b, 8c, 8d, 9, 10, 12. 903 Tracts 1, 3, 3a, 7. 1137 Tracts 1, la, 2, 3, 7. 1296 Northlake Estates Tracts 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 10a, 10b, 11, 12, 13, 15, 17, 19, 20, 21, 22, 23, 24, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 39. 1508 Oak Grove Tracts 9, 11, 12, 13, 30, 32, 38, 39. Economically Depressed Area II This contains the following portions of the City of Coppell as shown on the city's land use map: Abstract No. 18 Tracts 24, 77, 80, 81, 82, 85, 87, 88, 89. 199 Tracts 12, 13, 14, 15. 200 Tract 1. 300 Tracts 1, 3, 6, 7. 301 Tracts 1, 2, 3, 4, 7, 9, 10, 15, 21. 312 Tract 1. 317 Tract 3. 614 Tracts 1, 2, 3, 4, 5, 7, 7a, 13, 14, 15. 629 Tracts 1, 4, 5. 638 Tracts 1, 2. 694 Tracts 1, 2, 3, 4, 5, 6, 11. 806 Tracts 1, 13. 968 Tracts 1, 2, 3, 4 & 9, 5, 6, 10. 1054 Tract 3. 1137 Tracts 1, 5, 9, 10, 11. 1140 Tracts la, lb, 2, 3, 4. 1152 Tracts 1, 2, 3, 4, 5, 6a, 6b, 7, 8. 1296 The land owned by Troft. The land owned by Coppell Independent Schoo! District. Tracts la, lb, 5, 7, 8, 9, 10, 11, lla, 12, 14, 15 & 16, 17, 18, 19, 20. 1327 Tracts 7, 8, 9. 1430 Tract 1. 1439 The land owned by the Da!las-Forth Worth Airport (City of Dallas). The land owned by Thompson. Tracts 1, la, 2, 3, 4-6, 7, 8, 9, 12, 16. 1442 Tract 2. 1493 Tracts 1, 2, 3, 4. 1655 Tracts 1, 2. 1715 Tract 2. 1716 Tracts 1, 2, 3. 1733 Tract 1 Ail of the area within the corporate limits of the City of Coppell located within Denton County.