Loading...
BA 2009-02-04 EcDevCOPPELL ECONOMIC DEVELOPMENT COMMITTEE March 4, 2009 Meeting Time: 6:00 p.m. (Open to the Public) Meeting Place: 2nd Floor Conference Room, Coppell Town Center Notice is hereby given that the Economic Development Committee will meet on Wednesday, March 4, 2009, at 6 p.m. in the 2nd Floor Conference Room at the Coppell Town Center, 255 Parkway Boulevard, Coppell, Texas. The purpose of the meeting is to consider the following items: REGULAR SESSION (Open to Public) Item 1: Call to Order. Item 2: Approval of Minutes: February 4, 2009. Item 3: New Tech High Presentations Item 4: Consideration of a request by ABGI Properties for a tax incentive for one (1) building consisting of approximately 45,650 sq. ft. of space for office/warehouse space, located at 680 S. Royal Lane. Item 5: Incentive Policy Discussion. Item 6: Tax Discussion. Item 7: Kirkland House Update. Item 8: Chamber of Commerce update. Item 9: School District Update. Item 10: General discussion and update on commercial and industrial projects. Adjournment. CERTIFICATE I certify that the above notice of meeting was posted by 5:00 p.m. on the bulletin board at the Town Center of the City of Co pelf, Texas, on Friday, February 27, 2009. ~~~~~ indi Hurley, Economic Develo t Coordinator PUBLIC NOTICE 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). COPPELL ECONOMIC DEVELOPMENT COMMITTEE February 4, 2009 MINUTES The Coppell Economic Development Committee met at 6:00 p.m. on Wednesday, February 4, 2009 at Coppell Town Center, 2nd Floor Conference Room, 255 Parkway Boulevard, Coppell, Texas 75019. The following were present: Bill Rohloff, Gary Roden, Greg Jenkins, Dornell Reese, Kenneth Luttmer, Bradley Snyder, David Apple, Thom Hulee, Matt Hall, Clay Phillips, Scarlett Hovland, and Mindi Hurley. Call to Order Bill Rohloff called the meeting to order at 6:05 p.m. Approval of Minutes: January 7, 2009 It was moved by Dornell Reese and seconded by Bradley Snyder that the minutes of January 7, 2009 meeting be approved. The motion passed unanimously. Consideration of a request by ABGI Properties for a tax incentive for one (1) building consisting of approximately 45,650 sq. ft. of space for office/warehouse space, located at 680 S. Royal Lane. • Mindi updated the committee on Advanced Business Grpahics Inc. on their relocation. • ABGI is relocating from 600 S. Royal Lane to 680 S. Royal Lane. ABGI will own the building. • ABGI is requesting a tax incentive of the building located at 680 S. Royal Lane consisting of approximately 45,650 sq. R. of space. • Mindi reviewed ABGI's sales tax for 2007 - 2008. • Discussion followed concerning the following incentives. Structure retention incentives on an individual bases Community involvem t Waiving of certain fees Consider dollar offered on an individual bases Set parameters~`or incentives • Mindi will advice City staff of discussion and will report back to committee at the March meeting. 4. Project Computer • Mindi advised the committee that Project Computer, a technology company is looking to relocate to Coppell in a building consisting of 350,000 sq. ft. of space with 700 employees by the end of March. • Project Computer's request fora 75% tax abatement on personal property for 5 years has already gone to the City Council for a quick decision. • Project Computer is also asking for Foreign Trade Zone which can take up to a year to implement. • Project Computer is also considering the Alliance Gateway area for relocation. • Mindi will keep the committee apprised on Project Computer's decision. Project Apparel • Mindi Hurley advised that Project Apparel is locating to 1230 Crestside Bldg. • The City building inspection has been completed. • Project Apparel is asking for Foreign Trade Zone. • Mindi will be meeting with Project Apparel next week. • Mindi will meet with City Staff to discuss any incentives that could be offered including Foreign Trade Zone. • Discussion followed. • Mindi will keep the committee apprised on Project Apparel. Shopping Center Discussion • Clay Phillips informed the committee that the tenants in the Tom Thumb Retail Strip Mall are continuing to fight the higher property tax payment that was formulated by the Dallas Central Appraisal District. • City Staff did conduct a comparison to other strip malls within the city lirruts and found that the Tom Thumb Retail Strip mall appraisal was much higher. • Clay Phillips advised that the City cannot do anything about the Dallas Central Appraisal District's tax increase. • Discussion followed. • %lay Phillips advised that City staff will stay apprised of the situation and will investigate ways to adjust future appraisals. 7. Incentive Policy Discussion • Mindi shared with the committee that City staff continues to review the incentive policy. • Discussion followed concerning the following: Budget Report Zoning Map Tax abatements and roll offs Homeowner taxes compared to business tax revenue Infrastructure Foreign Trade Zone Comparison of incentives offered by surrounding metroplex cities 8. Chamber of Commerce Update • Thom Hulme was introduced as the new Chamber liaison Thom advised the committee on the following: Chamber is employing to mentor businesses Partner with City for business retention Employing procedures to welcome businesses Offer "Shop Coppell "incentive Develop Strategic Planning Committee Coppell Chamber Gala will be held on February 28. Tickets are still available. 9. School District Update • David Apple advised the committee on the following: CISD is in the budget process Bond Election Mindi shared that the new Tech High students would like to present their projects addressing "What does Coppell need?" in a future meeting. 10. General Discussion and Update on Commercial and Industrial Projects • Mindi reviewed projects under construction and businesses that are now open or opemng soon. • Leadership Coppell will begin on February 12. • The April 1 meeting will be combined with Planning & Zoning and Council at 6 p.m. in the Fire Station Training room. • American Home Mortgage will be relocating to Point West I with 1500 employees. • Market Street reports they are very pleased with business. • The Kirkland Home restorations have begun. • The Senior Center is scheduled to be opened in July. • Mindi is meeting with a hotel consultant interested in locating a hotel in Coppell. • Clay Phillips gave an update on the Streamlined Sales Tax Legislation. • Filing begins on Monday, Feb. 9 for City seats. • Mayor Douglas Stover will not seek Mayoral Seat. • Councilmember Jayne Peters will seek Mayoral Seat. Councilmember Marsha Tunnell and Councilmember Marvin Franklin will run again. • Chilli's Too and Appetite restaurants will be closing this month. • Tom Thumb Grocery located at MacArthur and Belt Line will not be remodeling. With no further business to discuss, it was moved by Bradley Snyder and seconded by Greg Jenkins that the meeting adjourn. By unanimous vote, the meeting was adjourned at 8:10 p.m. Respectfully submitted, Scarlett Hovland Secretary Hello Mindy, I thought I would get these numbers to you via email and then we can discuss. Marshall (husband) and I have supported Coppell for many years. As a matter of fact Marshall was very instrumental in bringing Minyard's in years ago so we do have quite a history here! Bob Minyard sat on Marshall's board. Our current holdings are: $2,000,000 Home at $4,000,000 Building 680 S Royal Lane $2,700,000 Building 652 Southwestern Blvd $400,000 Land on Freeport Parkway Total $9,100,000 Let's discuss at your earliest convenience. Thanks so much, Kris ABGI Your image is our inspiration. DATE AMOUNT Jan-07 $2,643.87 Feb-07 $3,483.35 Mar-07 $4,530.87 A r-07 $4,179.06 Ma -07 $4,985.81 Jun-07 $2,083.31 Jul-07 $2 Q57.50 Au -07 $2,117.38 Se -07 $2,112.98 Oct-07 $1,591.16 Nov-07 $4,061.09 Dec-07 $2,540.99 2007 TOTAL $37,287.37 Jan-08 $1,895.59 Feb-U8 $2,598.30 Mar-08 $2,219.67 A r-08 $2,324.00 Ma -08 $3,677.50 Jun-08 $2,444.02 ' Jul-08 $2,113.46 Au -08 $1, 694.86 Se -08 $4,283.96 YTD 08 TOTAL $23,251.36 Advanced Business Graphics Inc. 60o S. Royal Lane, Suite 500 Coppell, TX 75019 972.471.3740 972.393.1680 Local Sales Tax 2007-2008 www.abgi.com BPP Account Details Page 1 of 2' Home ~ Find Property ~ Contact Us Business Personal Properly Account #99200408300316600 Location Owner Value Exemptions Estimated Taxes History P'r~aperty Location (Certified 2008} Address: 600 S ROYAL LN Suite: 500 Mapsco: 1-X (DALLAS) ®CAD Property Map View Photo "''~~~! Maps FILE YOUR BPP RENDITION ON-LINE Ovuner Certified 2tt48) ADVANCED BUSINESS GRAPHICS INC 118 COTTONWOOD DR COPPELL, TEXAS 750192511 DBA: ADVANCED BUSINESS GRAPHICS INC Yalue (Certified d :.'08) 2000 Certified Values Total: $121,660 i=xeYil(ltiC3n2~i (Certified 20~$$) No Exemptions City School County y' College Hospital Special District Taxing 7urlsdlction COPPELL COPPELL ISD DALLAS COUNTY DALLAS CO COMMUNITY COLLEGE PARKLAND HOSPITAL UNASSIGNED - Tax Rate per $100 $0.64146 $1.279 $0.233028 N/A $0.0894 $0.254 ~ Taxable Value $121,660 $121,660 $121,660 $121,660. $121,660 $0 Estimated Taxes $780.40 $1,556.03 $283.50 ;$108.76 $309.02 N/A Tax Ceiling ~~ N/A N/A Total Estimated Taxes: I $3,037.71 http://www.dallascad.org/AcctDetailBPP.aspx?ID=99200408300316600 1/7/2009 BPP Account Details Page 2 of 2 00 IVOT PAY TAXES BASED ON TNESE ESTIMATED TAXES. You will receive an official tax bill from the appropriate agency v-rhen they are prepared. Taxes are collected by the agency sending you the official tax bill. To see a listing of agencies that collect taxes for your property. Glick Here The estimated taxes are provided as a courtesy and should not be relied upon in making financial or other decisions. The Dallas Central Appraisal District (DCAD) does not control the tax rate nor the amount of the taxes, as that is the responsibility of each Taxing Jurisdiction. Questions about your taxes should be directed to the approprrite taxing jurisdiction. We cannot assist you in these matters. These tax estimates are calculated by using the most current :.artified taxable value multiplied by the most current tax rate. It does not take into account other special or unique tax scenarios. If you wish to calculate taxes yourself, you may use the TaxEstimator to assist you. WisYory History © 2009 Dallas Central Appraisal District. All Rights Reserved. http://www.dallascad.org/AcctDetailBPP.aspx?ID=99200408300316600 1/7/2009 ry, report the full amount reflected on the books and' records of the business or attach a planation of any .adjustments, .including fully depreciated assets. If possible, attach ,,,, ,reschedules, asset IQdgers, IRS Schedule C, trial balances, inventory control, or other evidence i the costs provided These are the types of evidence that may bc~ requested, if there are regarding the rendition. If there ,are special circumstances related tc your ~3ersonal property to be considered, sttach statements describing the circumstances.. ----------------------- the purposes of this rendition, "inventory" means your inventory of finished goods, raw materials, ork in .process and supplies, including all applicable burden or overhead costs. Report separately oods n warehouses or storage and goods in transit Figures must be as of close of business December ~ 1 or adjusted thereto. 1. Check basis of figures p Original Cost p LIFO (include reserve) ~ Lower of your cost or market/selling price ~ Replacement Cost f.~FIFO 0 Other (specify) 2 Cost of Inventory (finished goods) as of January 1 S Add LIFO Reserve s Raw materials and work In process, rgt included ' s in regular inventory stated above. Supplies (include .all expensed supply items on hand $ January 1 used in business, but )~ included above) Total by year acquired, all items of furniture, machinery and equipment showing your costs. •Omit Cents. V • Y Furniture & Fixtures Maci~inery & Equipme~rt Office !4 'I'elephons E ui ment Computers & Related Equipment Cars & Pickups Trucks 1 Ton or more & Trailers . Other* ear Your Cost Your Cost Your Cost Your Cost Your Cost Your Cost Your Cost , ` . OLD I to . Total 1989 and prior purchases in 1989 fields. * If costs are shown in the "Other" column, please describe. ,~,, List below any property leased, loaned or rented to you, regardless of tax liability. If necessary, attach additional sheets. , 1. Consigned goods, merchandise or other taxable property at this location which I do not own. Name of Owner/Consignor. Mailing Address: Description of merchandise: Value of Consignment g 2. Consigned goods, merchandise or other taxable property at other location(s) which I, as Owner/ Consignor, am responsible for rendering for taxation. Name of Consignee: Street location, City: Description of merchandise: Value of Consignment $ ':,. ~~ ~ ; :" ..: Y ~ ,. b '~ '„ :.pr:~o:quw+, Eu :.,S;ayti ,:}:. L ~., <; :2 ..................,w..,.~.,v .,. Yea,.,.. r.:.:,:..:.:,.. :,._:.,:.., .. .. ": ,. ;,e„..;~>%:v.~ ..,~ ...2r....,....c .................:::>::..,... , ~., „..,:. ~. :c,... .:.~::::::<: ,.:.. is _:.:. `:.:. :... T. .. <ttk ~v',':ah ~G~ > ...:..,: Property Owner's Total Estimate of Market Value: S )I:AU Unlme Kendluon Account: 99830620000096950 Owner: T 5 T IMPRESO INC Address: C/0 SUSAN ATKINS PO BOX 506 COPPELL, TEXAS The Dallas Central Appraisal District now offers you the optional convenience of filing your annual rendition statement electronically. If you provide cost data when filling out the form, the web page will calculate and give you an estimated market value of your assets. Rendition submitted on Wednesday, February 20, 2008 @ 10:53:24 AM Please print or download this form as your receipt of the submitted rendition. View Submitted Rendition Form BPP Frequently Asked Questions Renditions for Previous Appraisal Years 2007 Rendition i~ 2007 Rendition t~ 2007 Rendition (page 2) !~ Once you have submitted this form you will not be able to modify it or make corrections. If you believe you made an error, please contact the Dallas Central Appraisal District at (214) 631-7406, or file your paper rendition with the corrections noted. © Dallas Central Appraisal District. All Rights Reserved. Web site designed by Sotlwhere Solutions. Il lLl.l.// U~,)lll G11UlL/VI1J.U0.1l0.JLi0.U.vl ~/ 1 V~ t1L / V1YNlL.MJri• `Home I Logout BPP Renditions Business Name: T 5 T IMPRESO INC Business Location: 652 SOUTHWESTERN BLVD DALLAS COUNTY 1 of 1 2/20/2008 10:56 AM Account#:99830620000096950 DBA:T S T IMPRESO INC Submitted on :2/20/2008 10:53:24 AM DALLAS CENTRAL APPRAISAL DISTRICT Business Personal Property Division P.O. Box 560368 • Dallas, Texas 75356-0368 (214) 631-7406 • www.dallascad.org CONFIDENTIAL PERSONAL PROPERTY RETURN FOR JANUARY 1, 2008 _ ~ <: ~1~0~E:~PI>il~l~ ~ ,ri e~'uQ~so~TCdlih9T~11tU'It~ AS.PR(:)T}E,ST Account Number: 99830620000098950 DBA: T S T IMPRESO INC Mailing Address: C/O SUSAN ATKINS PO BOX 506 COPPELL,TEXAS 75019-0506 Owner Name: T S T IMPRESO INC Business Location: 652 SOUTHWESTERN BLVD Email Address: SATKINS@TSTIMPRESO.COM Web Address: State law requires, on or before April 15, a person shall render for taxation all tangible personal property used for the production of income that he owns or manages and controls as a fiduciary on January 1. A penalty of 10% of the tax liability will be imposed for failure to file a timely rendition. Filing of this rendition using the Personal Identification Number (PIN) meets the following requirements of the Texas Property Tax Code: Section 22.24(e) of the Texas Property Tax Code: all renditions filed by Tax Agents must be notarized in order to be considered valid Section 22.26 of the Property Tax Code: (a) Each rendition statement or properi~ report required or authorized by this chapter must be signed by an individual who is requireo _., ~It tr:,~ statement or report. (b) When a corporation is required to file a statement or report, an officer of the corporation or an employee or agent who has been designated in writing by the Board of Directors or by an authorized officer to sign in behalf of the corporation must sign the statement or report. Page 1 of 7 Account#:99830620000096950 DBA:T S T IMPRESO INC Submitted on :2/20/2008 10:53:24 AM If you make a false statement on this form, you could be found guilty of a Class A misdemeanor or a state jail felony under Section 37.10, Penal Code. I affirm that the information contained in this electronic rendition is accurate and complete to the best of my knowledge and belief and that complete information necessary to identify the property and determine its ownership, taxability and situs will be made available for inspection by employees of the appraisal district on request. A property owner in whose opinion the aggregate value of tangible personal property is less than $20,000 need only render the name and address of the owner, the general description of the property, and the physical location or taxable situs of the property. Although not required for personal property less than $20,000, the Dallas Central Appraisal District recommends that you provide historical cost and acquisition dates of your assets. If the property owner is a business with 50 employees or less, the property owner may base the estimate of value on the depreciation schedules used for federal income tax purposes. Although not required for a business with 50 employees or less, the Dallas Central Appraisal District recommends that you provide historical cost and acquisition dates of your assets. Providing the cost of inventory, the historical cost of fixed assets, and acquisition year infom,~tion requested on the fo~~~wing pages is optional, and you may opt to provide only a good faith estimate cf market value. The chief appraiser may request, either in writing or by electronic means that you provide a statement containing supporting information indicating how the value rendered was determined. The statement must: 1. Summarize infon::ation sufficient to identify the property including the physical and economic characteristics relevant to the opinion of value, if appropriate, and the source of the information used; 2. State the effective date of the opinion of value; and 3. Explain the basis of the value rendered. If your business has 50 or fewer employees, you may base the value estimate on the depreciation schedules used for federal income tax purposes. You must deliver the statement within 21 days c. _.ie ~ 2quest. I understand and agree with the above information, and I am authorized to file this rendition form. If I am the authorized agent, by selecting "Agree" and typing in my name, the Dallas Central Appraisal District considers that the notary requirements of 22.24(e) have been met. I AGREE and my name is SUSAN ATKINS,VP-CFO If you are an Agent: Submitted Electronically on 2/20/2008 10:53:24 AM .General Information _. i::_ Please provide information about the sale, closure or new location of the business, if applicable:. 1. ^ Business was sold. Date sold: Name, address and phone # of the buyer: Page 2 of 7 Account#:99830620000096950 DBA:T S T IMPRESO INC Submitted on :2/20/2008 10:53:24 AM 2. ^ Business closed. Date closed: 3. ^ Business moved. Date moved: New Address: 4. Was there a substantial change in the physical assets at this location prior to January 1? No 5. How many square feet does your business occupy? 80,000 If you are located in amulti-tenant facility, provide only the square footage your business occupies. 6. How many pers~~ ~:: ~ re employed at this location? Updated Owner Information Legal Owner: DBA New Address $0 a v -, .. .., ,; , ... For the purposes of this rendition, inventory means your inventory of finished goods, raw materials, work in process and supplies, including all applicable burden or overhead costs. Figures must be as of close of business December 31 or adjusted thereto. 1. Check basis of your inventory figures: ^ Original Cost ^ LIFO (include reserve) 0 Lower of your cost or market / selling price ^ Replacement Cost ^ FIFO 2. Cost of inventory (finished goods) as of January 1 $4,03'7,300 Add LIFO reserve $p Raw materials and work in progress, not included in the regular inventory stated above. Supplies (Include all expensed supply items on hand January 1 used in the business, but not included above). 76 $0 Page 3 of 7 Account#:99830620000096950 DBA:T S T IMPRESO INC Submitted on :2/20/2008 10:53:24 AM III,'Fixed'.+Assets Please total the cost of assets for this business location by year acquired and asset type. Year Furniture & Fixtures Machinery & Equipment Copiers Telephones Computers and Related Equipment Cars & Pickups Trucks Trailers Fork lifts Hand Tools Dies Molds 2007 $0 $19,711 $0 $9,197 $0 $36,477 $0 2006 $13,220 $140,018 $0 $17,593 $0 $8,218 $0 2005 $0 $3,036 $0 $68,542 $0 $27,206 $0 2004 $11,842 $65,342 $0 $18,214 $0 $0 $0 2003 $11,800 $43,589 $0 $22,142 $0 $0 $0 2002 $1,278 $296,533 $0 $27,870 $0 $0 $0 2001 $4,519 $46,833 $0 $180,169 $0 $0 $0 2000 $25,433 $389,450 $0 $29,030 $0 $61,632 $0 1999 $13,742 $162,522 $0 $58,015 $0 $330,398 $0 1998 $2,553 $647,625 $0 $111,293 $0 $11,632 $0 1997 $12,926 $194,150 $0 $38,309 $0 $0 $0 1996 $3,378 $209,590 $0 $9,780 $0 $0 $0 1995 $0 $436,523 $0 "13,885 $0 $0 $0 1994 $4,800 $238,000 $0 $6,215 $0 $0 $0 1993 $0 $91,170 $0 $0 $0 $0 $0 1992 $0 $11,280 ~a ~ $0 $0 $4 $0 1991 $4,504 $41,200 $0__~ $0 $0 $0 $0 1990 $348,216 $206,669 $0 $145,206 $0 $16,232 $0 Page 4 of 7 Account#:99830620000096950 DBA:T S T IMPRESO INC Submitted on :2120/2008 10:53:24 AM III~Ftxed Assels" (coiitinuedp _ :~_ Please total the cost of assets for this business location by year acquired and asset type. Year Signs Medical Equipment Forklifts MRI Equipment Lawn Equipment 2007 $0 $0 $0 $0 $0 2006 $0 $0 $0 $0 $0 2005 $0 $0 $0 $0 $0 2004 $0 $0 $0 $0 $0 2003 $0 $0 $0 $0 $0 2002 $0 $0 $0 $0 $0 2001 $0 v0 $0 $0 $0 2000 $0 $0 $0 $0 $0 1999 :g $0 $0 $0 $0 1998 $0 $0 $0 $0 $0 1997 $0 $0 $0 $0 $0 1996 $e $o $o $o $o 1995 $o $o $o $o $a 1994 $0 $0 $0 $0 $0 1993 $0 $0 $0 $0 $0 1992 $0 $0 $0 $0 $0 1991 $0 $0 $0 $0 $0 1990 $0 $0 $0 $0 $0 Page 5 of 7 Account#:99830620000096950 DBA:T S T IMPRESO INC Submitted on :2/20!2008 10:5324 AM IV~Leased; Loanetio~'Rentec~'Personaf~Property` List below any property, leased, loaned or rented to you, regardless of tax liability. Name, Address, Phone # of Owner/Lessor Description Selling Price Annual Rent of Item NEOPOST LEASING,P. O. BOX ADDRESSER/MAILER - $0 $19,636 45822, SAN FRANCISCO, POSTAGE MACH. CALIFORNIA, 94145-0822, tel:(510) 735-5343 AMERICAN PACKAGING,P. O. BOX PACKAGING EQUIPMENT $0 $21,696 14535, DES MOINES, IOWA, 50306, tel:(866) 205-8919 INTERNATIONAL FINANCIAL,21146 JENNERJAHN MACHINE $0 $66,132 NETWORK PLACE, CHICAGO, ILLINOIS, 60673, tet:(847) 549-0100 ,..~ ~ na , ~/. Gonsign~d G"~ods :,. ~~ ~ ~ ~ ~:V~ L~wtl~s~~s~Oplnion~;of -Value ,., ,. ,: ,,, z F ~ ~, . , , , , Property Owner's Good Faith Estimate of Inventory Market Value $3,520,603 Property Owner's Good Faith Estimate of Fixed Assets Market Value Total: $1,076,752 $4,597,355 By selecting this box, I affirm the information contained in the prior year rendition statement filed with the same DCAD account number, is a complete and accurate rendition as of January 1st of this year in accordance with Texas Property Tax code Section 22.01 and no additional assets were purchased, sold or disposed and inventory remains the same. Page 6 of 7 Accoun(#:99830620000096950 DBA:T S T IMPRESO INC Submitted on :2/20/2008 10:53:24 AM Y *'~ ~- ;~ VII. Re dtt'Fon;Summary: . ~ ~ ~ ~ . ~ Inventory $4,037,300 LIFO Reserve $0 Raw Materials WIP $0 Supplies $0 Total $4,037,300 Depreciated Values Furniture, Fixtures $121,922 Machinery, Equipment $1,406,130 Copiers, Faxes, Telephones $0 Computers, RP'ated Equipment $69,859 Automobiles $0 Trucks, Trailers, Forklifts $203,702 Hand Tools, Molds & Dies, Golf Carts $0 Signs $0 Medical Equipment $0 Forklifts $0 MRI Equipment $0 Lawn Equipment $0 Total $1,801,612 The business location's estimate of market value is based on the inventory total and the depreciated fixed asset value total. The information provided in this rendition will be considered when developing the 2008 appraisal; however, the Dallas Central Appraisal District is not required to use the data provided in this rendition. Page 7 of 7 Page 1 of 1 Mindi Hurley -ABGI From: Sorokwasz Kris <kris@abgi.com> To: "MHurley@CI.Coppell.TX.US" <MHurley@CI.Coppell.TX.US> Date: 2/24/2009 5:02 PM Subject: ABGI Attachments: Kris Sorokwasz.vcf Hello Mindy, Thank you so much for your attention to our situation. We would be looking for something comparable to what offered us on the lot on Freeport Parkway. He said that he would build our brick fence on the property wnlcn ac the time was over $100,000. I will be in Houston tomorrow but will be available Thurs to discuss. My cell phone is 214-693-4927. Look forward to getting this resolved. Thanks for your support! Kind regards, Kris " Please ricn't prsr-It ~i~is e-rr~ail unless ~c~l~ r~aliy need tcs. THIS INFORMATION AND ANY ATTACHMENTS ARE INTENDED ONLY FOR THE ADDRESSES LISTED AND MAY CONTAIN INFORMATION THAT IS PRIVILEGED, CONFIDENTIAL OR NON-PUBLIC INFORMATION. DISSEMINATION OF THIS COMMUNICATION IS STRICTLY PROHIBITED. file://C:\temp\XPgrpwise\49A4282ACity_of CoppellTown_Center1001617368115EC91\... 2/27/2009 T FE E C 1 T Y O F ~tJPPELL .~ .. .~ :. a. ~. v 3 ~ o .t 9 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 proiect receives approval from the Coppell Planning and ZoniIIE Commission. No proiect currently under const=_-uction 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 adevelopment/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 _ t o~:~erwise 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 Percentage of abatement Subject to Percentage of Abatement or the excess taxable value The amount by which the total assessed taxable Office: 85% value of the real property and/or tangible Warehouse & Distribution: Maximum 75% personal property, or both exceeds the assessed Fabrication & Assembly: Maximum 50% taxable value for the property in the year the Manufacturing & Processing: Maximum 25% agreement is executed (base year). 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 taz abatement agreement Provisions to this effect will be incorporated into the agreement 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 developmen±. 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 ~omprehensi ~ ~ policy for promoting physical revitalization and financial . „investment 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 propt~~ty and business personal property investment of tvvo-hundred thousanu 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 a ~.ua ~ 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. Facade 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 facade. The minimum project cost to be considered is $3,000. To qualify for a facade grant, exterior facade 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 facade, but to be considered for a grant, the aforementioned improvements must also enhance the street appeal of the structure. Applicant must submit plans for conshaction 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 maybe 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 Telephone Number APPLICANT'S REPRESENTATIVE: Zip Code Fax Number Name Address City State Telephone Number Zip Code Fax Number Applicant must provide a written narrative detailing how adevelopment/project meets the following minimum requirements: 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 Coppc;ll 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.)? 2008 - 2009 BUDGET 48% of the General Fund Revenues are generated by Property Taxes. Breakdown of Property Tax Source: 59% of revenue from Residential 41% ofrevenue from Commercial Of the 41 % generated by commercial properties, Real Property makes up 27.8%. Business Personal Property makes up 13.3%. 17% of the General Fund Revenues are generated by Sales Tax. HIRKLAND HOUSE • Between the time period of November 2006 and December 2007, two grants were given to the City totaling $350,000. • City purchased Kirkland House from Steve Chadick on December 29, 2006. • Rone Engineering was hired in October 2007 to perform a Limited Area Comprehensive Asbestos Survey. • In March 2008, land was secured from the Wilson family at the NEC of Bethel Rd. and S. Coppell Rd. to serve as the future home of the Kirkland House and replica Minyard Store. • In Apri12008, Bill Peck, an architect in Lewisville, was hired to serve as a consultant to advise on the restoration of the Kirkland House. • On August 11, 2008, staff met with the Coppell Historical Society to discuss plans for restoration. • The site plan and plat for the new location of the Kirkland House were completed in September 2008. • Hitchcock Movers built a pier and beam foundation and moved the Kirkland House to the NEC of Bethel Rd. and S. Coppell Road in late November/early December 2008. • Don Ballard was hired to begin the restoration of the Kirkland House. • Numerous meetings have been held since that time to make decisions on certain elements of the home. • To date, the City has paid out $249,928 from the Historic Preservation Fund. This does not include miscellaneous costs incurred by the City that will be detailed in a few moments. It does include the following services that have been performed: purchase of the home, site plan and platting for the new location of the house, relocation of the house, installation of a pier and beam foundation for the home, electricity to the house and electrical wiring in the house, reconstruction of the chimney, repair and restoration of siding, construction of a front and back porch, plumbing, removal of paneling inside the house and priming the exterior. • Other items completed that have not been paid for out of the Historic Fund to date include the construction of a temporary parking lot, lease payment for the property at the NEC of Bethel Rd. and S. Coppell Rd., asbestos survey performed by Rone Engineering, building inspections and a dumpster on site. The City is also likely to cover the costs to connect water and sewer to the site. • The City has approximately $ l OO,000 left in the Historic Preservation Fund. The following items still need to be completed to finish the exterior of the structure: windows, paint analysis, painting, construction of a ramp, finishing the parking lot and striping, doors, landscaping, walkways, lighting, irrigation and the cost of Bill Peck's services. The cost to finish the exterior of the building and sitework is estimated to be: $32,450. This will leave $67,550 in the Historic Preservation Fund. • The estimate to finish the interior of the Kirkland House ranges from $63,500 to $68,000. This will include the following: HVAC, insulation, sheetrock, wallpaper, hardwood floors, fireplace, trim work, plumbing fixtures and cabinets. • There are still some items that have not reached a final decision. Those items include: wallpaper, bottom trim work on the house, type of insulation and HVAC unit, fireplace/mantle, and doors. The final costs to finish out this project will be dependent upon some of the decisions made with respect to the aforementioned items. Final decisions are trying to be made with cooperation from the architect, general contractor, Historical Society and city staff with respect to how much is willing to be spent on each item in order to retain the historical significance while keeping the on-going maintenance in mind. Other projects to complete Heritage Park include the construction of a Bathroom/Storage Closet and the repair of the replica Minyard Store. The proposed budget for each of these items is: Bathroom storage closet: $34,400 Minyard Store: $13,600 Calendar of Events platinum member City of Coppell Gold members Bayior Regional Medical Center at Grapevine Baylor Medcal_Center at Irvin~c Carrofltan-Farmers Branch ISD Coppell ISF3 FrQSt ~~~( Las Colinas Medical Center ®ncor Electric Delivery United Communi Bank Waste Management of Texas,. Inc._ Silver members Page 1 of 2 Maximize your membership in the Coppeil Chamber of Commerce. Network with fellow Chamtaer members at our meetings and events. Participate in one or more of our Chamber committees. Attend our programs and encoJrge your fellow professionals to join us! R~UP fai~ u~~.fn Saturday February 28 Gaia 20Q9. Let°s Have a Bafl! ~ Embassy suites Outdoor World 2401 Bass Pro Dr,, Grapevine Tuesday March 3 Education Committee F Chamber Office 509 W. Bethel Rd., Ste, 200 Friday March 6 Greenstorming Group 1 Chamber Office 509 W. Bethel Rd., Ste. 200 Tuesday March 10 Wednesday March 11 Wednesday March 11 Tuesday March 17 Leads Group 1 Ole's Tex-Mex 600 E. Sandy Lake Rd., Ste. 106 Board of Directors f CREST Business Center 735 Plaza Blvd. Small Business Advocate Committee 1 Chamber Office 509 W. Bettie! Rd., Ste. 200 Governmental Relations - Chamber Office http://www.coppellci~amber.org/pages/Calendar.html 2/27/2009 Let's haves a Calendar of Events Capital One CheS~eake_Energy Cofonial_Self Storage The Container Store CRES_T_ServiceS Ever~rBad~Fi~s IBM Mannateeh,__inc. Market- 5tre_et Medical Center of Lewisville North_Lake College Reliant Energy Sam Pack's Five Star Ford tJ_nlyersai Academy __.... ~'ia;?; r`<7(.~'IIi, C.:f7~~ t,'tiCn ~7~i~~'r ;;'1:^~:? °5~', ti' ~;sr"e7YiC1~ , ar?rrriit:~; tc?f iir,~1~r'I F }t;t' ..<."1`?r~;77hC'6 ti, €%v`!itlti~tii'#` t1"}G~7't'WV.tif~:l ¢f7G-'7'r ,; 1',.f?Ur~.: J77t `i"Fi3i;-:`.YhY1rj :? 1~{a:.'SG SgT;?wt~Tf?,FEiif`3;':`5 r;:yt:F' b'::.:['Z:t7e.~r;r"~le3.r I.n f!?~:s .; S;rltfc~.} l:~t;5'1£;£'S~~ r~ ~rr~>,` ~ifi~( <?.r` 'frraft7P ~'lTt.f;~~?f?t' f7Y'C?37I:5 r~t?c?' 4>rr F;l~a ,Y,.~;d.%7itr,3£Y.'"n3'2'»"'S7{'2:'. 1'u'w'~~`I37117t7 id r;lk~i~lr fYs ~'StG Jar(?rZ'.-.€.': f,:tf`rl'E' f31.:7f rt:;'J';;; J`l; r:~ Page 2 of 2 5p9 W. Bethel ltd., Ske. 200 Tuesday March 24 Leads Group Hard Eight Bar B Q 6B8 5. Freeport Pkwy. Wednesday March 25 Membership Luncheon Sheraton Grand Hotel 4440 W. Jahn Carpenter Fnvy., Irving Thursday March 26 Ambassadors Luncheon Cafe Portobello 110 W. Sandy Lake Rd., Ste.112 Thursday March 26 Chamber Mixer Edward ]ones -Ricardo Roberta 15p S. Denton Tap Rd., Ste. 1p8A Home ~ Membership Directory ( Calendar of Events ~ Jain the Chamber Copyright ©~pp8 Coppeli Chamber of Commerce http://www. coppellchamber.org/pages/Calendar.htrnl 1 1 Col 2/27/2009 PROJECTS UNDER CONSTRUCTION COMMERCIAL: New Construction/Building Expansions: Coppell Vision Center - 2,600 sq. ft. Medical Office at 541 E Sandy Lake Coppell Crossroads Shopping Center -17,000 sq. ft. total for 2 Retail Buildings at 920 S Belt Line The Gables - 11,000 sq. ft. 2-Story Speculative Office/Retail Center at 123 E Sandy Lake New Businesses: G.E. - 17,900 sq. ft. Office/Tech Center at 621 E SH 121, Suite #420 Sprouts Family Market - 29,000 sq. ft. Grocery Store at 110 W Sandy Lake, Suite #180 Clothing Design Workshop -1,600 sq. ft. T-Shirt Designer at 989 W Sandy Lake, Suite #500 Luxury Dry Cleaners - 2,500 sq. ft. Dry Cleaners at 115 W Sandy Lake, Suite #100 INDUSTRIAL: New Construction/Building Expansions: KTR- 413,250 sq. ft. total for 3 OfficelWarehouse Buildings at 921 W Bethel New Businesses: QuikTrip Corporation - 53,000 sq. ft. Bakery ~ Warehouse Facility at 1075 S Belt Line, Suite #300 INSTITUTIONAL: Grapevine Springs Community Center -14,000 sq. ft. Community Center at 345 W Bethel Road Rolling Oaks Phase 1 -12,500 sq. ft. Mortuary & 4,800 total sq. ft. Pavilion and Columbarium at 400 S Freeport Wagon Wheel Addition - 4,000 sq. ft. Storage Facility at 311 S Freeport Fire Station Addition - 4,900 sq. ft. Storage Facility at 520 Southwestern RESIDENTIAL: Arbor Manors - 75 Residential Units southwest of W Sandy Lake and S Denton Tap Chateaus of Coppell - 56 Residential Units on the southwest corner of S Denton Tap and Bethel Alexander Court - 29 Residential Units on the northwest corner of S Dente~n Tap and Bethel Lost Creek Townhomes - 25 Residential Units on the east side of Coppell Rd 500' north of Bethel Lake Vista Townhomes - 155 Residential Units on the east side of MacArthur south of Lake Vista NOW OPEN OR OPENING SOON COMMERCIALIINSTITUTIONAL: Devine Cellars - 2,100 sq. ft. Restaurant/Bar 8~ Wine Store at 230 N Denton Tap, Suite #104 Coppell Market Center - 20,200 sq. ft. Speculative Retail Center at 760 N Denton Tap Bank of America - 4,400 sq. ft. Bank at 740 N Denton Tap Market Street - 69,800 sq. ft. Grocery Store/Pharmacy at 700 N Denton Tap A Taste of Market Street - 2,300 sq. ft. Gas StationlConvenience Store at 750 N Denton Tap Papa Murphy's - 1,200 sq. ft. Take and Bake Pizza Carryout at 612 E Sandy Lake, Suite #120 Family Video -12,300 sq. ft. Video Store at 612 E Sandy Lake Chipotle - 2,500 sq. ft. Restaurant at 104 S Denton Tap, Suite #100 Mooyah Burgers and Fries - 2,700 sq. ft. Restaurant at 104 S Denton Tap, Suite #102 INDUSTRIAL: Newgistics - 49,800 sq. ft. OfficelWarehouse at 621 S Royal, Suite #400