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OR 2012-1308 Barcell USA, LLCORDINANCE NO. 2012 -1308 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF COPPELL, TEXAS, AMENDING ORDINANCE 2011 -1295 BY ADDING INCENTIVES OFFERED TO BARCEL USA, LLC AND BY AMENDING THE TERMINATION DATE; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Council of the City of Coppell has passed and adopted Ordinance Number 2011 -1295; and WHEREAS, the City of Coppell, desires to amend Ordinance Number 2011 -1295 by adding incentives offered to Barcel USA, LLC and by amending the termination date to read March 1, 2017. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF COPPELL, TEXAS, THAT: Ordinance Number 2011 -1295 be amended to read as follows: SECTION 2. The following local incentives, at the election of the governing body, are or will be made available to the nominated project or activity of the qualified business: (a) The City may abate taxes on the increase in value of real property improvements and eligible personal property that locate in a designated enterprise zone. The level of abatement shall be based upon the extent to which the business receiving the abatement creates jobs for qualified employees, in accordance with the City of Coppell Tax Abatement Policy, and with qualified employee being defined by the Act. (b) The City may provide regulatory relief to businesses, including: (1) zoning changes or variances; (2) exemptions from unnecessary building code requirements, impact fees, or inspection fees; or (3) streamlined permitting. (c) The City may provide enhanced municipal services to businesses, including: (1) improved police and fire protection; (2) institution of community crime prevention programs; or (3) special public transportation routes or reduced fares. (d) The City may provide improvements in community facilities, including: (1) capital improvements in water and sewer facilities; (2) road repair; or Page 1 TM 54638 (3) creation or improvement of parks. (e) The City may provide improvements to housing, including: (1) low- interest loans for housing rehabilitation, improvement, or new construction; or (2) transfer of abandoned housing to individuals or community groups. (f) The City may provide business and industrial development services, including: (1) low- interest loans for business; (2) use of surplus school buildings or other underutilized publicly owned facilities as small business incubators; (3) provision of publicly owned land for development purposes, including residential, commercial, or industrial development; (4) creation of special one -stop permitting and problem resolution centers or ombudsmen; or (5) promotion and marketing services. (g) The City may provide job training and employment services to businesses, including: (1) retraining programs; (2) literacy and employment skills programs; (3) vocational education; or (4) customized job training. (h) The City may provide a rebate of certain sales tax receipts. The City of Coppell will consider providing incentives pursuant to Chapter 380 of the Texas Local Government Code; (i) Freeport Tax Exemption on qualifying inventory; and 0) The City may provide Tax Increment Financing... . SECTION 3. The enterprise project shall take effect on the date of designation of the enterprise project by EDT and terminate on March 1, 2017. 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. Page 2 TM 54638 SECTION 5. 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 from and after its passage as the law and charter in such case provides. DULY PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF COPPELL, TEXAS, ON THIS THE QF!� AY OF c.� 2012. DOUGLAS N. STOVER, MAYOR VRISTELPETTINOS, CITY SEC T RY Page 3 TM 54638