OR 95-719 Designates Reinvestment Zone 6 ORDINANCE NO. 95719
AN ORDINANCE OF THE CITY OF COPPELL, TEXAS, DESIGNATING
TAX ABATEMENT REINVESTMENT ZONE NO. 6 (TAR-6); 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, TEXAS:
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 "Tax Abatement Reinvestment Zone No. 6, City of Coppell, Texas (TAR-6)".
SECTION 3. That the property within Tax Abatement Reinvestment Zone No. 6 is
eligible for commercial-industrial tax abatement effective on January 1, 1996.
AGG07428
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.
DULYf~/SSED bZ the City Council of the City of Coppell, Texas, on the /,/_ day
of ~' ;;~;', ~L, 1995.
' 7 .... APPROVED:
TOM MORTON, MAYOR
ATTEST:
LIND/~ GRAU, CITY SECRETARY
APPROVED AS TO FORM:
J~R~G. Sd,~~I~ATTORNEY
(PGS/ct 8-30-95)
AGG07428
LEGAL DESCRIPTION
Being a tract of land situated in the James A. Simmons Survey, Abstract No. 1296, in the
City of Coppell, Dallas County, Texas, and being all of Lot 5, Block 7, of the Replat of All
of Block 5, and 6 and Part of Block 7 Park West Commerce Center, as recorded in Volume
95017, Page 398, of the Map Records of Dallas County, and being more particularly
described as follows:
~!:~GINNING at a 1/2-inch iron rod with cap set at the northeast corner of Lot 4 Block 7
, at West Commerce Center as recorded in Volume 94158 Page 1324, said point being in
,he south right-of-way for Airline Drive (60 feet wide);
THENCE South 89 degrees 06 minutes 46 seconds East along the south right-of-way for
Airline Drive, a distance of 443.00 feet to a 1/2" iron rod set for a corner;
THENCE South 44 degrees 06 minutes 46 seconds -'East, a distance of 28.28 feet to a 1/2"
iron rod set for a corner;
THENCE South 00 degrees 53 minutes 14 seconds West along the west fight-of-way of
Executive Drive (65 feet wide) a distance of 1267.99 feet to a 1/2" iron rod set at the corner
clip of the north right-of-way for Wrangler Drive (60 feet wide);
THENCE South 45 degrees 53 minutes 14 seconds West along said corner clip a distance of
28.28 feet;
THENCE North 89 degrees 06 minutes 46 seconds West along said northerly right-of-way a
distance of 443.00 feet to a 1/2" iron rod set for a comer;
THENCE North 00 degrees 53 minutes 14 seconds East a distance of 1307.99 feet, to the
POINT OF BEGINNING AND CONTAINING 605,20l square feet or 13.8935 acres of land
more or less.