OR 98-841 Designates Reinvestment Zone 19
ORDINANCE NO. 98841
AN ORDINANCE OF THE CITY OF COPPELL, TEXAS, DESIGNATING
REINVESTMENT ZONE NO. 19; PROVIDING ELIGIBHJTY 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 C1TY 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.
19."
SS17354
SECTION 3. That the property within Reinvestment Zone No. 19 is eligible for commercial-
industrial tax abatement effective on January 1, 1998.
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.
SECT1ON 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 alter its passage, as the
law and charter in such cases provide.
DULY PASSED by the City Council of the City of CoppeR, Texas, on the///d~ day of
, < -t~998.
ATTEST:
KATHLEEN ROACH, CITY SECRETLY
APPROVED AS TO FORM:
PETER G. SMITH, CITY ATTORNEY
(PGS/tll 4/6/98)
EXHIBIT "A"
Being a tract or parcel of land situated in the C.S. Dunnagan Survey, Abstract No. 1655 and the Jesse
Moore Survey, Absract No. 968, City of CoppeH, Dallas County, Texas, same being a portion of"Freeport
North" a Preliminary-Final Plat recorded in Volume 84203, Page 1836, Dallas County Plat Records, same
also being a portion of that certain tract conveyed to T/E Northpoint Partners, Ltd., by Instrument of record
in Volume 96106, Page 518.2, Deed Records Dallas County., Dallas, Texas, and being more particularly
described as follows:
BEGINNING at the south end of a cut-back line at the intersection of the west ROW line of Royal Lane
(1 00' ROW) with the north line of Nok~thpoint Drive (80' ROW), a W' iron rod found for comer,
THENCE South 89°50'31" West, along said north ROW line, a distance of 1,312.80 feet to the southwest
comer of said T/E Northpoint tract, same being on the east line of the Greenway-Grapevine/CoppeU
Partners L.P, tract as recorded in Volume 96097, Page 3964 of said Deed of Records, a W' iron rod found
for comer,
THENCE North 00°34'37'' West, along the common line between said T/E Northpoint and Greenway
Q'acts, a distance of 516.00 feet to ~" iron rod set for comer;
THENCE departing said common line, North 89°50'3 I" East, a distance of 1428.97 feet to a point on the
west ROW line of said Royal Lane, a W' iron rod set for comer;
THENCE South 00°09'29'' East, along said west ROW line a distance of 97.07 feet to the beginning of a
curve to the right, said curve having a radius of 950.00' and a central angle of25°l S'4Y', a W' iron rod
found for comer;
THENCE along said curve and continuing along said west ROW line, an arc distance of 418.86 feet tO the
north end of said cut-back line, a 'A" iron rod found for comer,
THENCE South 57°44'47'' West, along said cut back line a distance of 25.43 feet to the POINT OF
BEGINNING and containing 722,565 sq. 1~. or 16.588 acres, more of less within these metes and bounds.