OR 95-734 Designates Reinvestment Zone 8 ORDINANCE NO. 95734
AN ORDINANCE OF THE CITY OF COPPELL, TEXAS, DESIGNATING
TAX ABATEMENT REINVESTMENT ZONE NO. 8 (TAR-g); PROVIDING
ELIGIBILITY OF THE ZONE FOR COMMERCIALINDUSTRiAL 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 bc
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 Coppcll, 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, TEXAS:
SECTION 1. That the City Council of the City of Coppell, Texas finds that the area
described hcrein 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 furtl~cr finds that the improvements sought arc feasible and
practicable and would bc 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 "Tax Abatement Reinvestment Zone No. 8, City of Coppell, Texas (TAR-8)".
SECTION 3. That the property within Tax Abatement Reinvestment Zone No. 8 is
eligible for commercial-industrial tax abatement effective on January 1, 1996.
AGG07AS1
98008 28i7
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 12th day
of December, 1995.
APPROVED:
TOM MORTON, MAYOR
ATIEST:
CITY SECRETARY
APPROVED AS TO FORM:
(PGS/jm 12-04-95)
AGG07AS1
98i,}95 28 8
21~ 851 7~12 ~001
12/01/95 FRI 09:59 FAX 214 85' 7012 ~EPC
PROPEKTY DEgCI~PYION 7.534 ACRES
BEING a trot or p~l ofl~ situated h the ~llism K Pa~ Suw~, ~s~ No. 1140 City of
Coppe~ D~llas Count, T~as, ~me b~ a poaion of 'Fre~o~ Noah", a Prdi~-~n~ Plat
~ h Vob,m~ 84203, ~e 1836, D~ C~ PI~ ~ s~ ~so bei~ a po~on oft~t
~ 27.8527 ~ ~a~t, "Tr~ 5" ~n~ed to T~ Fre~po~ No~ ~d, Ltd. by ~t of
r~ ~ Vo~ ~22~ Pa~ 1168 D~ Coun~ D~d ~cor~ said t~ b~g more p~larly
d~scfibed ~ m~ ~d bouMs as follows:
B[~G ~ s I~" iroR ~ ~ ~ ~e sou~ ~e of s~d Trs~ 5, s~d ~a ~ b~ the most
soundly sou~u~ ~m~ of s~d T~ S, be~ on th~ no~ line of ~t~ BoBl~ar~ 60 f~
~de, ~ berg ~e mo~ ~erly ~tback ~m~ st the no~e~ ~m~ of~id
~ ~ong s~d ~o~h~ lia~ the foBo~ ~o (2)
1) Noah S9 d~e~ 36 ~utes 34 second~ Wes~ 150.17 f~ to ~ X/2' ~on rod s~ for
t~ b~ing of a
2) 245.61 ~ ~ong ~ g ofl t~g~ ~ ~ thg l~ ~ng a B~us ofS30.~ f~t.
a c~ ~ of 26 de[~ 33 ~u~ 34 s~nds ud a chord b~ ~ di~
of Sou~ 77 d~ ~ mi~tu 3~ s~s Wut, 243.49 fe~ ~ a 1/2n ~on r~ ~
for
to · 1/2'iron t~ s~ for ~
~o~ ~ d~ ~ ~ 26 se~B~ ~, 5~.7~ ~ ~ a 1~" iron ~d ~ for co~;
~ So~ S9 d~e~ 36 ~tu 3~ s~onds E~ 551.72 ~ to a I/2' ~on rod ~ for
~ ~e W~t~ly ~e ofgoy~ LRe, 100 f~ ~d~;
~Na ~ong ,~d W~erly ~e ~e fo~o~ t~ (3) ~uuu;
l) 367.62 fe~ Mo~ ~ ~c ors tqem ~ to th~ 1~ hang a ~ius of 1050.00, 1
~nt~ ~e of 20 d~e~ 03 ~nutes 36 s~onds ~ a chord benfiB8 ~d
of Sou~ 10 de~es 25 ~u~ 14 s~nds W~, 365.7~ ~et to a 1/2" iron wd ~t
for a point offend;
2) South ~ de~s 23 ~ut~ 26 se~a~ W~ 279.79 f~et to a 1/2" ~on rod s~ for
~,.
12/01/95 FRI 10:00 FAX 214 851 7012 MEPC ~002
3) South ~,5 degrees 23 minutes 26 seconds'West 21,21 feet to zhe PO3[NT OF
BEGIN1N'I~G and CO~G 7.534 Acre, 32g,19g squ~e f~ re or les~
ofl~d ~ ~ ~ese m~ ~d bonds.
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