OR 2013-1341 Universal Power Group
AN ORDINANCE OF THE CITY OF COPPELL, TEXAS
ORDINANCE NO. 2013-1341
AN ORDINANCE OF THE CITY OF COPPELL, TEXAS,
DESIGNATING REINVESTMENT ZONE NO. 78 (UNIVERSAL POWER
GROUP, INC.); 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:
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.
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. 78 Universal Power Group, Inc.”
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SECTION 3. The property within Reinvestment Zone No. 78 is eligible for commercial-
industrial tax abatement effective on January 1,2013.
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. 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 lir, day of
2013.
APP''OV :
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' N SELBO P I T,MAYOR
ATTEST:
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HRISTEL PETT OS,CITY SE• ' TARY
APPROVE I TO FORM:
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CITY ATTORNEY ,
(PGS:12-21-12:58757)
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Exhibit “A”
(Legal Description of Land)
Lot 1, Lam Lee Addition No. 1 (13.085 acres)
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