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RE 2012-0724.1CITY OF COPPELL RESOLUTION NO. o — 011 A RESOLUTION BY THE CITY COUNCIL OF THE CITY OF COPPELL, TEXAS, APPROVING THE TERMS AND CONDITIONS OF AN INTERLOCAL AGREEMENT BETWEEN THE DALLAS FORT WORTH INTERNATIONAL AIRPORT BOARD, CITY OF DALLAS, TEXAS, CITY OF FORTH WORTH, TEXAS, AND THE CITY OF COPPELL, TEXAS TO PROVIDE FOR THE APPORTIONMENT OF AD VALOREM TAXES, SALES TAX, HOTEL OCCUPANCY TAX AND COURT FINES FOR PROPERTY LOCATED WITHIN THE DALLAS FORT WORTH INTERNATIONAL AIRPORT AND THE CITY OF COPPELL, TEXAS; PROVIDING A REPEALING CLAUSE; PROVIDING AN EFFECTIVE DATE. WHEREAS, the Dallas International Airport Board has determined that it is in the best interest for the viability of the airport to cause construction within the airport boundaries ; and WHEREAS, a portion of such airport property which is within the ownership of the cities of Dallas and Fort Worth; and WHEREAS, such portion of the property lies within the corporate limits of the City of Coppell ; and WHEREAS, the respective governing bodies of each of the named parties hereto have determined that it is in the best interest for future development to provide for the apportionment of ad valorem tax, sales tax, hotel occupancy tax and court fines; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COPPELL, TEXAS: Section 1. That the Interlocal Agreement by and between Dallas Fort Worth International Airport Board, City of Dallas, Texas, City of Fort Worth, Texas, and the City of Coppell, Texas, a copy of which is attached hereto and incorporated herein by reference as Exhibit "A," is in all things hereby approved. Section 2. That the Mayor of the City of Coppell is authorized to execute said Agreement for the purposes recited therein. TM 56447 Section 3. That should any word, phrase, paragraph, or section of this Resolution be held to be unconstitutional, illegal or invalid, the same shall not affect the validity of this Resolution as a whole, or any part or provision thereof other than the part so decided to be unconstitutional, illegal or invalid, and shall not affect the validity of the Resolution as a whole. Section 4. That all provisions of the resolutions of the City of Coppell, Texas, in conflict with the provisions of this Resolution be, and the same are hereby, repealed, and all other provisions not in conflict with the provisions of this Resolution shall remain in full force and effect. Section 5. That this Resolution shall take effect on and after its adoption by the City Council of the City of Coppell. PASSED AND APPROVED this d y ofIW-L92012 AP OVED: REN B HUN MAYOR APPR C)BERT E. HAGER, 5FY ATTORNEY (REH/mpm 7/17/12) am Page 2 TM 55379 EHIBIT "A" Interlocal Agreement (to be attached) Page 3 TM 55379