OR 2008-1215 Tax Abatement- Derse Exhibits
AN ORDINANCE OF THE CITY OF COPPELL, TEXAS
ORDINANCE NO. 2008-1215
AN ORDINANCE OF THE CITY OF COPPELL, TEXAS, DESIGNATING
REINVESTMENT ZONE NO. 60 (DERSE); 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, DALLAS COUNTY, TEXAS THAT:
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 “Reinvestment
Zone No. 60 DERSE).”
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SECTION 3. That the property within Reinvestment Zone No. 60 is eligible for
commercial-industrial tax abatement effective on January 1, 2009.
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 ~ day of
2008.
ATTEST:
L B BALL SECRETARY
TO FORM:
CITY ATTORNEY
(PGS/tc 12/2/08)(33114
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Exhibit A
PROPERTY DESCRIPTION LOT 5R
STATE OF TEXAS
COUNTY OF DALLAS
BEING A TRACT OR PARCEL OF LAND SITUATED IN THE WILLIAM K.
PAYNE SURVEY. ABSTRACT NO. 1140, THE C. S. DUNNAGAN SURVEY,
ABSTRACT NO. 1655, AND THE JESSE MOORE SURVEY, ABSTRACT NO.
968, AND THE J. T. THWEAT SURVEY, ABSTRACT NO. 1753, CITY OF
COPPELL, DALLAS COUNTY, TEXAS, SAME BEING A PORTION OF
'FREEPORT NORTH LOT 5R" A FINAL PLAT RECORDED IN VOLUME 95245,
PAGE 2050, DALLAS COUNTY PLAT RECORDS, OF THE DEED RECORDS
OF DALLAS COUNTY, TEXAS, SAID TRACT ALSO BEING THE SAME TRACT
CONVEYED TO DERSE ASSOCIATES IN VOLUME 97041 PAGE 2089 IN THE
DEED RECORDS OF DALLAS COUNTY, TEXAS BEING MORE
PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS:
BEGINNING AT THE SOUTHEAST CORNER AT SAID LOT 'LOT 5R', SAME
BEING ON THE WEST LINE OF THE ANGELES ESTEVES TRACT AS
RECORDED IN VOLUME 86245 PAGE 4205, DALLAS COUNTY, DEED
RECORDS SAID POINT ALSO BEING ON THE NORTH RIGHT-OF-WAY LINE
OF CREEKVIEW -DRIVE (60 FOOT R.O.W.), AT A 1/2 FOUND IRON ROD FOR
CORNER;
THENCE ALONG SAID NORTH R.O. W LINE OF SAID CREEKVIEW DRIVE,
SOUTH 89-41'59' WEST, A DISTANCE OF 137.21 FEET TO THE BEGINNING
OF A CURVE TO THE LEFT, SAID CURVE HAVING A RADIUS OF 4906.09
FEET AND A CENTRAL ANGLE OF 3-03'14", TO A FOUND 1/2 INCH IRON
ROAD FOR CORNER;
THENCE ALONG SAID CURVE AN ARC DISTANCE OF 261.50 FEET TO A 1 /2
INCH FOUND IRON ROD;
THENCE ALONG SAID NORTH R.O. W LINE OF SAID CREEKVIEW DRIVE,
SOUTH 86-38'45' WEST, A DISTANCE OF 250.00 FEET TO THE BEGINNING
OF A CURVE TO THE LEFT, SAID CURVE HAVING A RADIUS OF 1470.00
FEET AND A CENTRAL ANGLE OF 3-44' 41 ", TO A FOUND 1 /2 INCH IRON
ROD FOR CORNER;
THENCE ALONG SAID CURVE AN ARC DISTANCE OF 96.08 FEET TO A 1/2
INCH FOUND IRON ROD;
THENCE ALONG SAID NORTH R.O. W LINE OF SAID CREEKVIEW DRIVE,
SOUTH 89-36'34' WEST, A DISTANCE OF 35.00 FEET TO
THE SOUTH CORNER OF A CORNER CLIP LOCATED IN THE NORTHEAST
CORNER OF ROYAL LANE (100 FEET R.O.W.) AND SAID CREEKVIEW
DRIVE, TO A FOUND 1/2 INCH IRON ROD FOR CORNER;
THENCE ALONG SAID CORNER CLIP LINE, NORTH 44-36'34" WEST, A
DISTANCE OF 21.21 FEET, TO THE NORTH CORNER OF SAID CORNER
CLIP, SAID POINT BEING ON THE EAST R.O. W. LINE OF SAID ROYAL
LANE, TO A FOUND 1/2 INCH IRON ROD AT A POINT FOR CORNER;
THENCE ALONG SAID EAST R.O. W. LINE OF SAID ROYAL LANE, NORTH
00-23'26" EAST, PASSING A POINT ON THE SOUTH LINE OF A 150 FOOT
DRAINAGE EASEMENT AS RECORDED ON VOLUME 84203 PAGE 1836 OF
SAID PLAT RECORDS, A TOTAL DISTANCE OF 588.53 FEET TO A POINT
ON THE CENTERLINE OF SAID EASEMENT, AND IN THE CENTER OF A
CREEK;
THENCE ALONG SAID CREEK AND SAID CENTERLINE, SOUTH 89-36'02"
EAST A DISTANCE OF 155.49, TO THE BEGINNING OF A TANGENT CURVE
TO THE LEFT, SAID CURVE HAVING A RADIUS OF 1336.90 FEET AND A
CENTRAL ANGLE OF 15-00'00", TO POINT FOR CORNER;
THENCE ALONG SAID CURVE AN ARC DISTANCE OF 350.00 FEET TO A
POINT FOR CORNER;
THENCE CONTINUING ALONG SAID CREEK AND CENTERLINE, NORTH 75-
23'58" EAST A DISTANCE OF 309.67 FEET, TO A POINT ON THE WEST LINE
OF SAID ESTEVE TRACT;
THENCE ALONG SAID WEST LINE. SOUTH 00-56'27" EAST, PASSING A 1/2
INCH IRON ROD SET AT SOUTHEAST CORNER OF SAID EASEMENT AT A
DISTANCE OF 77.84 FEET, AND CONTAINING A TOTAL DISTANCE OF
697.90 FEET TO THE POINT OF BEGINNING AND CONTAINING 11.420
ACRES OR 497,528 SQUARE FEET MORE OR LESS OF WHICH 1.409
ACRES LIES WITHIN SAID EASEMENT AND CREEK, MAKING A NET OF
10.049 ACRES OR 436,438 SQUARE FEET OF LAND MORE OR LESS.