OR 98-856 Designates Reinvestment Zone 23 (Lakeview Center)
ORDINANCE NO. 98856
AN ORDINANCE OF THE CITY OF COPPELL, TEXAS, DESIGNATING
REINVESTMENT ZONE NO. 23 (LAKEVIEW CENTER); 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 FEASlBLE 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 deRvered such notice to the presiding
o~cer 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 CoppeR, 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 CoppeR, 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
propevty 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.
23 .'
1 8821502
SECTION 3. That the property within Reinvestment Zone No. 23 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 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 ~'om 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/d"[71 day of
/L'~'&H/ot',,- , 1998.
ATTEST:
KAI~LEEN ROACH, CITY SECRETLY
APPROVED AS TO FORM:
PETER GdC''~d~ S~~CITY ATTORNEY
(PGS/ttl 10/27/98)
2
L~GAL DESCRIFrlO~
Being a tract of land situated in ~¢ I~ A. Sim~o~ S~ ~s~ No. 1296, ~ ~e
Ci~ of C~ell, D~I~ Co~, T~, ~.a b~ ~ of ~t 2, Block 5 of P~k W~t
C~cc C~xer ~ ~o~ed ~ Vol~e 98191, Page 33 D~I~ Co~ D~d R~or~
~.C~.R.), ud b~g more pac~ly de~fib~ ~ follows;
CO~C~G at a ~-m~ ~ ~ ~ a yelDw pl~c cap s~p~ '~ff ~s~"
~e~ c~ '~ c~'~, fo~md a: ~c no~w~ com~ ofsid ~ 1, Bl~k S of P~k
Wc~ Co~c C~I~ Volvo 98191 Page 33, s~d po~t bc~B located ~ong ~e sou~
~t-of-way of~c ~vc (60 feeI ~de);
~N~ So~ O0 dc~ees ~3 ~ules 14 sc~ W~ ~ong thc w~ ~e ofs~d ~t I,
Block ~. a ~e of 645.~0 ~et ~ ~ PO~ OF BEG~G, s~d po~l bag ~e
no~w~ corn. of s~d ~t 2, Bl~k ~;
~NCE Sou~ g9 dc~e~ 06 minutes ~ sc~n& EEt depa s~d w~l ~c, a ~s~ce
of 981 .4S fe~ to a ~t on xhe wcs~ ~e of Belae Ro~ (120 f~ ~:~f-way at ~s
po~0;
T~CE Sou~ O1 dc~es 1~ ~uu~ 30 se~s We~ alo~ s~d wes~ ~e, a dis~c of
~2.57 fc~ ~ a point for a co~;
~NCE Sou~ 08 dc~ees 0d m~uxes ~ s~on~ Wes~ ~n~B ~ong ~d west ~e, a
dis~e of 1~.71 feet ~ a po~t for a com~
~NCE Sou~ 01 degees IS ~nu~s 30 s~o~ West cona~g ~oug s~d w~ ~e, a
· s~ce of 100.00 f~t tO a po~I for a com~, s~d ~ b~g at a ~m~ cEp ~at~ at ~e
~le~on ofs~d wc~ l~e ofBelGiuc ~ wi~ ~e no~ ~e ofW~gI~ ~ve;
T~NCE Sou~ ~ de~ees ~ ~u~s 22 s~onds West ~ong s~d com~ clip, a ~s~cc
of 28.41 fe~ to a pomI for ~m~ of ~d no~ ~c of W~gl~ D~vu (65 foot ~t-of-
way);
~CE No~ 89 de~ccs 06 Uut~ 4~ s~o~ We~ ~ong ~d no~ ~e, a di~cc of
945.13 fe~ ~ a ~-~ Uon rod ~ c~ loud for a ~m~ at ~e sou~we~ ~m~ of lid
Lot 2, BI~ ~;
~NCE No~ O0 dc~cs S3 ~ulcs 14 s~nds E~ &pag s~d no~ ~c ~ ~ong
~e wcst l~e of s~d Eot 2, Bloa ~, a ~s~e of 662.49 fc~ m ~ PO~ OF
BEG~G ~ CON~aG ~,~36 squ~e f~t or 14.842 ~es of la more or
less-
llXlilBIT "A"