OR 2000-934 Designates Reinvestment Zone #30 ORDINANCE NO. 2000-934
AN ORDINANCE OF THE CITY OF COPPELL, TEXAS, DESIGNATING
REINVESTMENT ZONE NO. 30 (DUKE-WEEKS REALTY LIMITED
PARTNERSHIP -FREEPORT VD; 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 aeter the expiration of a tax abatement
agreement.
SECTION 2. That pursuant to the provisions of Section 3 12.201 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 "P, einvestment
Zone No. 30."
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SECTION3. That the property within Reinvestment Zone No. 30 is eligible for
commercial-industrial tax abatement effective on January 1, 2001.
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 from and alter 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 12th day of
December, 2000.
APPR D:
SHEE?~"' v
CANDY , MAYOR
ATTEST:
LIBBY BAL/IT~
ATTORNEY
(PGS/ttl 11/28/00)
37291
C:\T, EMP\FREEPORT6. DWG Nov 27, 2000 17:34:00 PSBROWN
) DESCRIPTION OF PROPERTY SURVEYED
VICINITY MAP
SURVEYDR'S CERTiFiCATiON
EXHIBIT "A"