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CP 2008-01-29 (Joint) NOTICE OF JOINT WORK SESSION OF CITY COUNCIL, PLANNING & ZONING COMMISSION AND COPPELL ECONOMIC DEVELOPMENT COMMITTEE AND AGENDA JANUARY 29, 2008 DOUG STOVER, BRIANNA HINOJOSA-FLORES, Place 3 Mayor Mayor Pro Tem TIM BRANCHEAU, Place 1 BILLY FAUGHT, Place 5 JAYNE PETERS, Place 2 MARVIN FRANKLIN, Place 6 MARSHA TUNNELL, Place 4 BILL YORK, Place 7 JIM WITT, City Manager MEETING TIME AND PLACE: Work Session 6:00 p.m. Fire Dept. Training Room (Open to the Public) Notice is hereby given that the City Council of the City of Coppell, Texas will meet in a Joint Work Session with the Planning & Zoning Commission and the Coppell Economic Development Committee on Tuesday, January 29, 2008, at 6:00 p.m. to be held at Fire Station #3, 133 Parkway Boulevard, Coppell, Texas. As authorized by Section 551.071(2) of the Texas Government Code, this meeting may be convened into closed Executive Session for the purpose of seeking confidential legal advice from the City Attorney on any agenda item listed herein. The City of Coppell reserves the right to reconvene, recess or realign the Work Session or called Executive Session or order of business at any time prior to adjournment. The purpose of the meeting is to consider the following items: ITEM # ITEM DESCRIPTION 1. Introductory Remarks — Mayor Stover ag012908 Page 1 of 3 ITEM # ITEM DESCRIPTION WORK SESSION (Open to the Public) 2. Board Introductions. 3. Issues: A. Commercial Signage — Gary Sieb B. Economic Development Incentives — Clay Phillips & Mindi Hurley C. Commercial Redevelopment Issues — Jim Witt & Staff D. 2030 Process & Implications for Planning & Zoning and Coppell Economic Development Committee — Clay Phillips 4. General Discussion — Expectations and Responsibilities. Adjournment. ____________________________________ Douglas N. Stover, Mayor CERTIFICATE I certify that the above Notice of Meeting was posted on the bulletin board at the City Hall of the City of Coppell, Texas on this 25th day of January, 2008, at __________________. ____________________________________ Libby Ball, City Secretary DETAILED INFORMATION REGARDING THIS AGENDA IS AVAILABLE ON THE CITY'S WEBSITE (www.ci.coppell.tx.us) UNDER PUBLIC DOCUMENTS, COUNCIL PACKETS. PUBLIC NOTICES ag012908 Page 2 of 3 ITEM # ITEM DESCRIPTION STATEMENT FOR ADA COMPLIANCE The City of Coppell acknowledges its responsibility to comply with the Americans With Disabilities Act of 1990. Thus, in order to assist individuals with disabilities who require special services (i.e. sign interpretative services, alternative audio/visual devices, and amanuenses) for participation in or access to the City of Coppell sponsored public programs, services and/or meetings, the City requests that individuals make requests for these services forty-eight (48) hours ahead of the scheduled program, service and/or meeting. To make arrangements, contact Vivyon V. Bowman, ADA Coordinator or other designated official at (972) 462-0022, or (TDD 1-800-RELAY, TX 1-800-735-2989). ag012908 Page 3 of 3 8. Graffiti: Graffiti is specifically prohibited within the city. The owner of property on which graffiti is located shall remove all graffiti with 72 hours of notice. (Ord. No. 91500-A-129; Ord. No. 91500-A-319, § 4, 3-19-02; Ord. No. 91500-A-321, § 2, 4-9-02) Sec. 12-29-4. Provisions for business zoning districts. Signs are permitted in any business zoning district subject to the following restrictions. 1. Signs adjoining non-business district boundaries: Signs which are located within 25 feet of a non-business district boundary shall conform to the requirements of non- business zoning district signs found in section 12-29-5. 2. Monument signs: Monument signs are permitted in business zoning districts as follows. (A) Monument signs must be built on a monument base, as opposed to a pole base, with no separation between the base of the sign and natural grade. A monument sign shall contain only the name, logo, address, product or service of the establishment except as provided herein: i. In the case of gasoline service stations only, the price per gallon of gasoline; ii. In the case of governmental and religious organizations only, information concerning forthcoming public events. iii. In the case of multi-tenant office and/or retail buildings, the individual tenant names may be listed subject to: (a) All individual tenant name plates must be the uniform size, color and font, in accordance with this ordinance. (b) Minimum letter size shall be six inches, (c) If a tenant vacates the lease space, the name plate must be removed within 30 days of such vacancy by the monument sign owner, owner of the property where the sign is located, or other party having control over such sign. No other advertising or promotional information is permitted thereon. Such sign may be single or double faced. Can signs made of plastic or similar materials are not permitted as detached (monument) signs. Backlit plastic is not permitted within detached (monument) signs. (B) One monument sign is permitted on the premises as follows: i. On-sites greater than two acres in area. Maximum size--60 square feet. Maximum height--Six feet. Minimum setbacks--15 feet from street right-of-way, 75 feet from property lines other than those property lines fronting the street right-of-way. ii. On-sites two acres in area or less. Maximum size--40 square feet. Maximum height--Four feet. Page 7 of 14ARTICLE 29. SIGN REGULATIONS 1/24/2008http://library4.municode.com/default/DocView/13230/1/130/160 Minimum setbacks--15 feet from street right-of-way, 75 feet from property lines other than those property lines fronting the street right-of-way. (C) Two monument signs are permitted on the premises as follows: i. Provided that the premises is not a corner lot, two monument signs are permitted on premises greater than two acres in size having frontage on two or more streets, as follows: Maximum size--40 square feet. Maximum height--Four feet each. Minimum setbacks--15 feet from street right-of-way, 75 feet from property lines other than those property lines fronting the street right-of-way. Maximum number of signs--One per street frontage. Maximum total number--Two. ii. Provided that the premises has frontage on more than one street and that the frontage on each street is 500 feet or more, two monument signs are permitted on premises greater than five acres in size as follows: Maximum size--60 square feet. Maximum height--Six feet each. Minimum setbacks--15 feet from street right-of-way, 75 feet from property lines other than those property lines fronting the street right-of-way. Maximum number of signs--One per street frontage. Maximum total number--Two. iii. Provided that the premises is zoned for industrial uses, has frontage on more than one street and that the frontage on each street is 500 feet or more, one monument sign shall be permitted for each ten acres. In any event, no more than one monument sign shall be permitted per building per each adjacent public street with a maximum of two signs per building as follows: Maximum size--60 square feet. Maximum height--Six feet each. Minimum setbacks--15 feet from street right-of-way, 75 feet from property lines, other than those property lines fronting a street right-of-way. All monument signs within the development shall be constructed of the same material and design. iv. A maximum of two Industrial Park identification signs are permitted for master planned industrial parks exceeding 100 acres, as follows: Maximum size--60 square feet. Maximum height--Six feet each. Minimum setbacks--15 feet from street right-of-way, 75 feet from property lines, other than those property lines fronting a street right-of-way. All monument signs within the development shall be constructed of the same material and design. Page 8 of 14ARTICLE 29. SIGN REGULATIONS 1/24/2008http://library4.municode.com/default/DocView/13230/1/130/160 (D) Gasoline service stations shall mount price per gallon signs on monument signs only. 3. Attached signs: Attached signs are permitted in business areas in accordance with the following provisions: (A) Mounting: All signs and their words shall be mounted parallel to the building surface to which they are attached, and shall project no more than 18 inches from that surface. Signs shall not be mounted on or to the roof surface and support members shall not project above the roof. i. Attached signs shall consist of individually-mounted channel letters in white, ivory, black or neutral colors. In the event that a building has existing attached signs of all one color, not compliant with the colors specified herein, then the new sign may either match the color of the existing signs on the building, or be white, ivory, black or neutral. It is the intent of this provision that all tenant signage be the same color in any individual building. Raceways shall match the color of the materials towhich they are mounted. All illumination shall be limited to white or off- white. Logos in any color shall be permitted, but shall not exceed 20 percent of the area of the sign. Attached signs in areas zoned Light Industrial are exempt from the color and logo size restrictions and the requirement for individually-mounted letters. Refer to 12-29-4.3(D) for additional regulations on attached signs in Industrial zoned areas. (B) Effective area: Attached signs shall not exceed the following: i. For buildings and leaseholds with one front facade, (front facade being defined as the building surface directly facing a dedicated street, or where street frontage does not exist, it shall be defined as the width of the lease space which contains the main entry), attached signs located at a height of 36 feet or less are permitted a maximum aggregate effective area equal to one-square foot per lineal foot of building or leasehold frontage as applicable, or 300 square feet, whichever is less. ii. For buildings and leaseholds with multiple facades, facing a dedicated street, or where street frontage does not exist, it shall be defined as the width of the lease space which contains the main entry, attached signs located at a height of 36 feet or less are permitted a maximum aggregate effective area on any one facade equal to one square foot per lineal foot of facade width and a maximum total aggregate effective area of two- square feet per lineal foot of building or tenant frontage on a dedicated street, as applicable, or 300 square feet, whichever is less. iii. Attached signs located at a height above 36 feet shall be permitted an increase in maximum effective area. Such increase shall not exceed four square feet of effective area for each additional one foot of height above 36 feet measured from the base of the sign. Such signs may be increased to a maximum effective area of 400 square feet. (C) Canopies: Signs shall not be attached to canopies, e.g. gasoline service station canopies. (D) Industrial zoned property: Buildings located within an area zoned LI are permitted to have attached signs as follows: i. Letter/logo height and effective area: TABLE INSET: Page 9 of 14ARTICLE 29. SIGN REGULATIONS 1/24/2008http://library4.municode.com/default/DocView/13230/1/130/160 (a) Horizontal and vertical signs shall not exceed 75 percent of the wall width (or height, if vertical) of such building or store front. (b) One letter or one logo may be 25 percent taller than maximum letter/logo height. ii. Maximum number of signs: One sign per elevation per business. Rear wall signs are prohibited. 4. Temporary banner signs: Banner signs shall be permitted subject to the following restrictions: (A) Banner signs shall be constructed of cloth or canvas material and must be anchored in such a way that would prevent the sign from moving freely in the wind. Businesses that erect signs under the provisions of this section shall not display a sign that states "Going Out of Business" or similar message more than one time. (B) During the initial year of operation, a business shall be permitted to erect one temporary banner sign a maximum of four times. Such signs shall be erected a maximum of 14 days for each permit except the initial sign may be erected for a maximum of 45 days. A permit shall not be issued within 30 days of the date that any temporary banner sign was erected at the occupancy. The permit application for the sign must include the date the sign will be erected, the date the sign will be removed and a drawing showing the location of the sign. The effective area for such signs shall not exceed 40 square feet. (C) A business that has been in operation for a period of one year or more, and non-profit organizations, shall be permitted to erect one temporary banner sign at an occupancy two times per calendar year. Such signs shall be erected a maximum of 14 days for each permit. A permit, for such a sign, shall not be issued within 30 days of the date that any temporary banners sign was erected at the occupancy. The effective area for such signs shall not exceed 40 square feet. (D) New multi-family developments shall be allowed to display one banner sign as provided in this section. Signs shall refer to leasing information only and shall be removed within six months of the date the permit was issued. Signs shall not exceed 150 square feet in effective area. 5. Window signs: On any one facade of a building, the aggregate area of window signs shall be limited to ten percent of the aggregate area of all windows within that facade. The outlining of a window on two or more of any sides with lighting, luminescent gaseous tubing, or by any similar means shall constitute 100 percent of the total window area as a sign. (Ord. No. 91500-A-129; Ord. No. 91500-A-319, § 3, 3-19-02; Ord. No. 91500-A-321, §§ 3, 7, 4-9-02; Ord. No. 91500-A-376, § 1, 5-11-04; Ord. No. 91500-A-388 § 1, 9-14-04; Ord. No. 91500-A-419, § 1, 10-11-05) Wall Height Above Grade Maximum Letter/Logo Height Maximum Effective Area 0--50 feet 48 inches 200 square feet 50--100 feet 60 inches 250 square feet 100--150 feet 72 inches 300 square feet 150--200 feet 84 inches 350 square feet Above 200 feet 96 inches 400 square feet Page 10 of 14ARTICLE 29. SIGN REGULATIONS 1/24/2008http://library4.municode.com/default/DocView/13230/1/130/160 OLD TOWN COPPELL TAX INCENTIVE POLICY I. Location: For the purpose of this incentive policy, Old Coppell is considered to be any land generally located within the boundaries of the map attached as Appendix A. II. Purpose: The City of Coppell seeks to promote and develop Old Coppell through specialized incentives that encourage new development as well as preservation and rehabilitation of existing development. The development of Old Coppell will act as a tool for creating a sense of place based on Coppell’s unique, natural and cultural assets. This comprehensive policy for promoting physical revitalization and financial reinvestment in Old Coppell is designed to attract visitors to the area, encourage preservation of existing assets and add new and exciting uses to the vicinity. The purpose of this policy is to provide general guidelines and application instructions for proceeding through the incentive process in Old Coppell. Assessment for financial assistance shall be on an individual basis; therefore, each incentive package will be considered case-by-case and requires final approval from the Coppell City Council or their designee. The total package of incentives is generally designed to enhance the economic viability of awarded projects. This approach will allow the City the flexibility necessary to satisfy the unique needs and concerns of each applicant and the needs and concerns of the City and its citizens. This policy does not imply or guarantee that the City of Coppell will provide tax incentives to any applicant. III. Criteria for Economic Development Incentives: Incentives shall be awarded based on the degree to which the proposed project meets the goals and objectives of the City for Old Coppell. All projects must meet the following minimum criteria to be considered for any tax incentives: (1) Project must be compatible with the Old Coppell Master Plan and character of Old Coppell in the sole opinion of City Council; (2) Project must meet the minimum development standards and design guidelines set forth in the Coppell Zoning Ordinance. Additional criteria are listed for each type of available incentive. Each applicant must complete the Old Coppell Incentive Application attached as Appendix B and submit a site plan package with the application. IV. Available Incentives: Incentives may be granted for eligible facilities on all or a portion of the increased taxable value of the property over the base year value. Tax Abatements Applicants may receive up to a 75% abatement of real and personal property taxes for a maximum of 5 years. Duration and amount of abatement granted will be based upon capital investment and impact of the project to the area. Abatements are limited to new and/or improved property value. To qualify, the project must have a minimum combined real property and business personal property investment of two-hundred thousand dollars. Projects not meeting this criteria may still be considered and qualify for a smaller incentive based upon City Council’s discretion. Sales Tax Rebates For businesses that generate sales tax revenue in the City of Coppell, a rebate of the City’s portion of sales tax may be granted. Businesses must have a minimum of two- hundred fifty thousand dollars in annual sales to qualify for the sales tax rebate incentive. Up to 100% of the 1% collected by the City may be rebated for a maximum of 3 years. Rebates will occur once per year during the month of April. Projects not meeting this criteria may still be considered and qualify for a smaller incentive based upon City Council’s discretion. Fee Waivers Projects that qualify may receive up to a 50% waiver of Roadway Facilities Impact Fees, Building Permit Fees or both. Development Incentive The Development Incentive is designed to help spur development in Old Coppell. Applicants can apply for a development incentive to receive reimbursement of typical industry standard loan closing costs. Each applicant is limited to a maximum incentive of $5,000 and will be approved on a case-by-case basis. To qualify for this incentive, the applicant must use a lending institution located within the city limits of the City of Coppell for financing on property, and the applicant must close on the property within 90 days of incentive approval from the City. The applicant must submit the closing cost estimates at the time of incentive consideration. Once the applicant has closed on the property and the loan, documentation must be provided from the Coppell lending institution of choice showing actual closing costs. No reimbursements will be made until the property is under construction and proper documentation has been provided. Façade Grants The City of Coppell has dedicated a pool of funds to aid in the rehabilitation and restoration of the exterior facades of existing property in Old Coppell. The pool of funds will be distributed on a first come, first served basis, and approved projects will be awarded an amount equal to 50% of the actual costs to renovate the exterior façade. The minimum project cost to be considered is $3,000. To qualify for a façade grant, exterior façade renovations must include improvements such as appropriate windows, doors, awnings/canopies, shutters and signage, and any other acceptable improvement - not simply painting the exterior of the building. Projects may include rehabilitation to the entire exterior façade, but to be considered for a grant, the aforementioned improvements must also enhance the street appeal of the structure. Applicant must submit plans for construction prior to the start of the project along with bids for the improvements. All plans will need to be reviewed and approved by the Planning staff prior to commencement of the project. If plans are rejected, the applicant has the right to appeal to the Planning and Zoning Commission. The project must meet the standards for construction stated within the Historic District of the Zoning Ordinance, the Old Coppell Design Guidelines and other applicable codes. The applicant must begin the project within 90 days of approval and must complete the project within 12 months after commencing. Extensions can be approved on a case-by-case basis at the City’s discretion. If approved for a grant, the City of Coppell will rebate 50% of construction costs and material costs once an applicant has completed their structure. Applicant should submit to the City of Coppell receipts at the end of the project, and the City will issue reimbursement checks once per year during the month of April. Regardless of the project cost, the total amount awarded will be capped at $25,000 per structure. Appendix A Old Coppell Boundary Map Appendix B Old Coppell Incentive Application City of Coppell Office of Economic Development 255 Parkway Boulevard Coppell, TX 75019 Phone: (972) 304-3677 Fax: (972) 304-3673 Date:___________________ Information may be submitted on this form using extra pages where necessary or submitted as a separate application document addressing the matters listed herein. NAME OF APPLICANT: __________________________________________________________________ Name __________________________________________________________________ Address __________________________________________________________________ City State Zip Code ________________________ ______________________________ Telephone Number Fax Number APPLICANT’S REPRESENTATIVE: __________________________________________________________________ Name __________________________________________________________________ Address __________________________________________________________________ City State Zip Code ________________________ ______________________________ Telephone Number Fax Number Applicant must provide a written narrative detailing how a development/project meets the following minimum requirements: 1. What is the address and/or legal description of the property for the proposed faciltity? 2. What is the proposed use of the facility? 3. What is the estimated value of the land and approximate acreage of the property? 4. Size of building: 5. Size of suite: 6. The project makes a substantial contribution to redevelopment efforts. 7. The project is consistent with the character of Old Coppell. 8. What is the estimated cost of the project? 9. What is the projected employment number at the proposed facility and the estimated average salary? 10. What is the estimated value of the building? 11. What is the estimated value of the FF&E (Furniture, Fixtures & Equipment)? 12. Will the facility be a shell building or a build-to-suit? 13. What is the estimated amount of annual sales subject to State Sales & Use Tax? 14. What will be the hours of operation? 15. What is the general nature of the business? 16. Location of company headquarters. Are there any existing facilities in the Coppell or Dallas-Ft. Worth area? 17. What types and values of public improvements, if any, will be made by the applicant? 18. Will the applicant be the owner or lessee? If lessee, are occupancy commitments already existing? If yes, how long? 19. Does or can the project meet all relevant zoning, subdivision and other legal requirements? 20. Is the project consistent with the comprehensive plan of Old Coppell? 21. Does the project pose any negative environmental, operational, visual or other impact (i.e. pollution, noise, traffic congestion, etc.)? TAX ABATEMENT APPLICATION City of Coppell Economic Development 255 Parkway Boulevard Phone: (972) 304-3677 Fax: (972) 304-3673 Date:_________________________ Information may be submitted on this form using extra pages where necessary or submitted as a separate application document addressing the matters listed herein. Applications must be filed with the Office of Economic Development no later than 60 days from the time a project receives approval from the Coppell Planning and Zoning Commission. No project currently under construction or completed will receive consideration for any type of incentive. NAME OF APPLICANT: Name ________________________________________________________________________ Address ______________________________________________________________________ City, State, Zip _________________________________________________________________ Telephone Number ______________________________________________________________ Fax Number ___________________________________________________________________ E-Mail _______________________________________________________________________ APPLICANT’S REPRESENTATIVE: Name ________________________________________________________________________ Address ______________________________________________________________________ City, State, Zip _________________________________________________________________ Telephone Number ______________________________________________________________ Fax Number ___________________________________________________________________ E-Mail _______________________________________________________________________ ELIGIBILITY FOR TAX ABATEMENT The city of Coppell is committed to the attraction, retention and expansion of high quality development in the city and to an ongoing improvement in the quality of life for its citizens. To help meet these objectives, the city of Coppell will consider tax abatements or other economic incentives as stimulus for quality economic development in the city. The purpose of such incentives is to encourage development from those companies that enhance the overall economic strength of the Coppell economy through the creation of a broader tax base, revitalization to distressed areas and/or quality jobs for Coppell citizens. Equally, the purpose is to attract and/or retain those companies that will become good corporate citizens, meeting the goals and objectives of the city of Coppell. Nothing herein shall imply or suggest that the city of Coppell is under any obligation to provide any incentive to any applicant. In the following pages, applicant must provide a written narrative detailing how a development/project meets the following minimum requirements: 1. An investment of at least $7.0 million in taxable assets for industrial uses or $5.5 million for office uses. (The acquisition cost of the real estate land is not included in computing the amount of taxable assets.) 2. The City may consider tax abatement for an investment less than $7.0 million for industrial uses and $5.5 million for office uses in taxable assets based upon City evaluation of economic development factors, including but not limited to: a) the location of taxable inventory on the property; b) the amount of sales tax which the project or property will generate for the City; c) the amount of any rollback taxes triggered by the development or project. 3. The project makes a substantial contribution to redevelopment efforts. 4. The project has high visibility, image impact, or is a significantly higher level of development. 5. The project is in an area that might not otherwise be developed because of restrains of topography, ownership patterns, site configuration, or other constraints. 6. The project stimulates concentration of employment and/or commercial activity. A project submitted for tax abatement shall be subject to fiscal impact analysis to determine whether or not the services required for the facility will exceed the amount of taxes generated if an abatement was provided. No tax abatement will be offered to a project that generates negative costs to the City. CRITERIA If more than one building is being considered for incentives, please answer in detail for each building. The applicant must respond in written narrative format to the following: 1. What is the address and/or legal description of the property for the proposed facility? 2. What is the estimated value of land and approximate acreage of the property? 3. What is the proposed use of the facility? 4. What is the estimated taxable value? 5. What is the square footage for the proposed facility? 6. Describe the type of product the proposed company produces. Are any hazardous materials involved? 7. Will the facility be a shell building or a build-to-suit? 8. Will the applicant be the owner or lessee? If lessee, are occupancy commitments already existing? If yes, how long? 9. What is the projected employment number at the proposed facility and the estimated average salary? 10. Are the new jobs to be created likely to be filled by Coppell’s labor force? 11. What is the estimated number of employees that would possibly reside in Coppell? 12. What is the estimated value of building and FF&E (Furniture, Fixtures, and Equipment)? 13. What is the estimated value of inventory (not subject to Freeport Exemption)? 14. What is the estimated amount of annual sales subject to State Sales & Use Tax? 15. What will be the hours of operation? 16. Location of company headquarters. Any existing facilities in the Coppell or Dallas-Fort Worth area? 17. What types and values of public improvements, if any, will be made by the applicant? 18. Does or can the project meet all relevant zoning, subdivision and other legal requirements? 19. What impact will the project have on other taxing units? (Coppell Independent School District) 20. Will the project increase the business opportunities of existing local businesses? 21. Is the project consistent with the comprehensive plan of the City? 22. Is the level of quality significantly higher than the typical projects of a similar use? Are site amenities provided such as landscaping, public art, water fountains, plazas, etc.? 23. Does the project pose any negative environmental, operational, visual or other impact (i.e. pollution, noise traffic congestion, etc.)? AMOUNT OF TAX ABATEMENT Amount of Taxable Value Subject to Percentage of Abatement Percentage of abatement or the excess taxable value The amount by which the total assessed taxable value of the real property and/or tangible personal property, or both exceeds the assessed taxable value for the property in the year the agreement is executed (base year). Office: 85% Warehouse & Distribution: Maximum 75% Fabrication & Assembly: Maximum 50% Manufacturing & Processing: Maximum 25% Mixed-use/Flex uses will be considered on an individual basis. Any other uses will also be considered on an individual basis to evaluate the desirability and compatibility of the proposed use for the community. All determined “desirable uses” by the City will receive no more than an 85% tax abatement. Tax abatements are for a period of five (5) consecutive tax years; however, the City may delay the commencement of the tax abatement until January 1 of the second year following the year in which the tax abatement is executed (i.e. tax abatement agreement is entered into during the calendar year 2004—the first year of taxes subject to abatement could be January 1, 2006). SUBMITTAL GUIDELINES Applicant should submit to the Office of Economic Development the following: 1. A completed application form addressing the criteria and guidelines listed on the previous pages. 2. A legal description of the property (if a portion of a larger platted piece of property, a separate legal description for the subject area is required). 3. A plat showing the precise location of the property, all roadways within five hundred feet of the site, and all existing zoning and land uses within five hundred feet of the site. 4. A site plan showing buildings, landscaping, parking, ingress/egress, etc. 5. Elevations showing signage, building materials, etc. ADOPTION OF AGREEMENT Any tax abatement agreement must include the following: 1. General description of the project. 2. Amount of tax abatement. 3. Method for calculating the value of the abatement. 4. Term of the abatement. 5. Legal description of the property. 6. Type, number, location and timetable of planned improvements. 7. Any specific terms or conditions to be met by the applicant. The agreement will be presented to the City Council for adoption and execution by the City Manager and any other participating taxing unit. *Should the terms of the tax abatement agreement subsequently not be satisfied, the tax abatement shall be null and void and all abated taxes will immediately become due and payable to the City of Coppell and any other taxing jurisdiction participating in the tax abatement agreement. Provisions to this effect will be incorporated into the agreement.