OR 98-835 Designates Reinvestment Zone 17
ORDINANCE NO. 98835
AN ORDINANCE OF THE CITY OF COPPELL, TEXAS, DESIGNATING
REINVESTMENT ZONE NO. 17; 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 heroin 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
SS16949
hereby designated as a reinvestment zone and for identification is assigned the name "Reinvestment
Zone No. 17."
SECTION3. That the property within Reinvestment Zone No. 17 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 afibct the validity of this
ordinance as a whole or any pm't 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 same are hereby. repealed, and all other provisions
not in conflict with the provisions of this ordinance shall remain in full force and efibct.
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/Zj""f6 day of
ATTEST:
KATHLEEN ROACH, CITY SECRETARY
APPROVED AS TO FORM:
(PGS/pr 5/5/98)
2 SS16949
FIELD NO'I'ES
BEING a 11.5575 scr~ parcel of lend siNeted in the JOel Wilson Survey, Abstract No. 1555, and the
J.A. Simmons Survey, Abstract No. 1296 In the City of Coppetl, Dallas County, Texas and being more parltculady
deso'fbed as follows:
COMMENCING eta .5'8 inch found iron rod at the intersscion of the northeast right-of-way line of Freeport Parkway (90
feet wide right-of--way at this point)with the southeast right--of--way line of Aidins Drive (60 feet wide right-of-way,
previously named Gateway Boulevard);
THENCE South 75 degrees 55 minutes 55 second~ West, s distance of 85.81 feet to a 1~ inch set iron rod w~h a yellow
Cap romped 'Halff Assoc., Inc.', hereinafter referred to sa with Cap for comer, said point being along the west
right~f-way line of Freeport Parkway (80 feet wide dght-of--way at this point);
BEGINNING South 54 degrees 33 minute~ 37 seconds We~t, departing said west right-of-way line, a distance of 331.34 feet
to a 1/2 inch set iron rod with cap for comer;
THENCE Norffi 89 degrees 00 minutes 42 saconde West, a distance of 654.02 feet to a 1/2 inch set iron rod with Cap for
comer, point being along the east dght-of-way line of Interstate Nighway 635 (variable width right-of-way);
THENCE North 36 degrees 44 minutes 35 seconds West, along said east line, a distance of 336.03 feet to a 1,2 inch
Sat iro~ rod vf~sp for comer;
THENCE Norffi 47 degrees 16 minutes 55 seconds West, continuing along said east line, a distance of 76.37 feet to a 1/'2
inch sat iron rod with cap for the point of curvature for a non-tangent curve to the right, having a radius of 695.00
feet and a chord bearing North 69 degrees 48 minutes 23 seconds East;
THENCE along said curve to the right, departing said east line, through a central angle of 40 degrees 11 minutes 59
seconds, an arc distance of 487.52 feet to a 1/.2 inch set iron rod with cap for the point of reverse curvature for a
circular curve to the raft, having a radius of 505.00 feet, and a chord bearing North 86 degrees 18 minutes 19 seconds
East;
THENCE along said curve to the left, through a central angle of 07 degrees 12 minutes 07 seconds, an arc distance of
63.48 feet to a 1/2 inch set iron rod with cap for corner;
THENCE Norffi 33 degrees 30 minutes 58 seconds East, a distance of 76.33 feet to a 1/.2 inch set iron rod wiffi cap for
corner, point being along the soL/ffi line of a tract described to Hunt Investment (UNPLATI'ED);
THENCE Norffi 76 degrees 15 minutes 29 seconds East, along said south line, a distance of 1.09 feet to a Y2 inch set
iron rod with cap for the point of curvature of a circular curve to the left, having a radius of 674.24 feet and a
chord bearing North 63 degrees 25 minutes 09 seconds East;
THENCE along said curve to the left, continuing along said south line through a central angle of 25 degrees 40 minutes
40 seconds, an arc distance of 302.17 feet to a !/'2 inch set iron rod with cap for the point of curvature for a
non-tangent curve to the left. having a radius of 306.59 feet and a chord bearing South 33 degrees 17 minutes 38
seconds East. point being along Said wast line of Freeport Parkway;
THENCE along said curve to the le~t, and along said west line through a central angle of 03 degrees 58 minutes 24
saco~ds, an arc distance of 21.26 feet to a Y2 inch set iron rod with cap for corner;
THENCE South 35 degrees 16 minutes 50 Seconds East, continuing along said west line, a distance of 599.68 feet to the
POINT OF BEGINNING AND CONTAINING 503,444 square feet or 11.5575 acres of land more or less.
E~HIBIT "A"