OR 98-836 Designates Reinvestment Zone 18
ORDINANCE NO. 98836
AN ORDINANCE OF THE CITY OF COPPELL, TEXAS, DESIGNATING
REINVESTMENT ZONE NO. 18; 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
1 SS17353
hereby designated as a reinvestment zone and for identification is assigned the name "Reinvestment
Zone No. 18."
SECTION 3. That the property within Reinvestment Zone No. 18 is eligible for
commercial-industrial tax abatement effective on January 1, 1999.
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 stone 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
/) .~','j , 1998.
/
NDY SHEEi Ai< MAYOR
ATTEST:
.Y
KATHLEEN ROACH, C1TY SECRETARY
APPROVED AS TO FORIVI:
PETER G. SMITH, L NEY
(PGS/pr 5/5/98)
SSI7353
BEING a 14.S=3 acre =race of land siCuar. ed in =he G.C, Woolsey Survey,
L~sEracE No. ~402, ~n ~he Ci=y of C~ppe!l, Dallas nd Denton Co~c~es, Tens,
and being a pot:ion of ~= 1, Block D of :he flnal pla= of Vis=a Ridge, an
a~uion =o nhe city of ~wisville as recorded ~ C~inen F, Page 271 of
~la= Recor~ of ~non Co~ry, Texas (P.R.D.C.T), said 14.8=3 a~ =ra~
~re ~i~ar=y descr~d by ~nes ~d ~ as follows:
BEGINNING a= a =/2' iron rod found a= nhe iunersec=~on fo nhe
righ=-of-~y {R.O.W.) l~e of ~=nou Tap R~d (a vari~le widnh R.O.H.)
nhe ~ounh R.O.~. line of Highland Drive (a 70' R.O.W.), also being ~he
~=e~s= Nor=hwes= comer of said ~c 1;
~ along said Sounh R.O.W. line of =he fol=ow~ng =hree (3} copses
~s:~ces:
Nor~ 43 de~rees 07 ~utes 03 seconds Eis=, a e~s~nce of 89.02 fee= =~ a
1/2* ~ron ro~ found a the nor=hemmos= Nornhwest comer of sai~ Lot
North 85 de~ees 33 minu=es 37 ~econ~ Eas=, a disn~ce of 68.56 fee= ~0 a
1/2e ~n ~ ~ for comer;
Sou~ 88 deCeel 43 m~u=es 4S seconb ~=, a ~s=~ce of S46.~2 fee= to a
S/l* ho~ r~ ~d '~n~ & B~ess' se= for comer;
=-~ Sou~ 00 ~egrees 43 ~u=es 23 seco~ Nel=, aeparn~6 sa~
R.O.W. 1~-, ~: a.a a~oss sa~d ~= 1, a ~ce of 1046.06 ~ee= ~0 a
*~-~ along sa~d Nor=h R.O.W. line. a=on~ a c~e =o =he righ= ~v~ng a
n~ of 2665.00 feen, a delna ~le of 14 d~ees 23 ~ures 01 second, a
1~ ~o~ =h= ~ No~ 72 ae~rees 32 ~u=es 33 secon~ ~esn, a
of 667.26 fee=, an arc dishante of 669.02 fee~ Eo a 5/8' iron rod capped
"~er & B~s" se= a= nhe innerseen!on of =he said Noah R.O.W. 1he
the said Eas= R.O.W. l~ne of Den=on Ta~ Road, also being =he souZhemmosn
S~=hwesE comer of saia ~= 1, ~d f~m wh~ce u iron rod ~o~d bears
44 degees 56 m~unes 17 sec~ hsE, 0.49 fee=;
THENCE alon6 said Ease R.O.~. line Ehe remaining =wo (=) courses and
~s~ce5:
Nor=h 32 degrees 31 mlnunes 33 seconds Wes=, a dis=ance o= 65.65 fee= Eo a
5/8' ~ron rod capped 'Gar=er & Burgess" sen a~ =he wes=ernmos~ Sou=hwes=
c=~er of said ~n 1. and from white ~ ~ron rod fo~e ~ars NorZh 55 degees
09 r~u~es 48 secon~ Eas~. 0.44
Nc~h 00 degrees 43 m!nu=es 23 secon~ Eas~, a d!sn~ce of 732.34 fee= =o
POINT OF BEGINNING, and CONTAINING 14.823 acres cf land, more or less.
~IBIT "A"