OR 2001-943 Designates Reinvestment Zone 32 (KCD-TX II)ORDINANCE NO. 2001-943
AN ORDINANCE OF THE CITY OF COPPELL, TEXAS, DESIGNATING
REINVESTMENT ZONE NO. 32 (KCD-TX II); 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
hereby designated as a reinvestment zone and for identification is assigned the name “Reinvestment
Zone No. 32.”
SECTION3. That the property within Reinvestment Zone No. 32 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 san~e 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 10th day of
April, 2001.
APPROVED:
CANDY SHEEHAN, MAYOR
ATTEST:
LIBBY BALL, CITY SECRETARY
PETER G. SMITH, CITY ATTORNEY
(PGSm~ 2/S/0~)
2 38593
GF# 1030323
Owner Policy No. 44-0352-100-1594 Page 2
DESCRIPTION
BEING 19.39 acre tract of land situated in the Jaraes A. Sinunons Survey, Abstract No.
1296, City of Coppell, Dallas County, Texas and including all of Blocks 1 and 2 of
Coppell Commerce Center, an addition to the City of Coppell as recorded in Volume
81051, Page 3041 of the Deed Records of Dallas County, Texas and being more
particularly described as follows:
BEGINNING at a 1/2-inch iron rod set at the intersection of the north line of Burns
Road (a 60-foot right-of-way) and the east line of Freeport Parkway (an 81-foot
right-of-way at this point);
THENCE North 01 deg. 18 min. 00 sec. East a distance of 1,224.73 feet along the east
line of said Freeport Parkway to a 1/2-inch iron rod found for corner in the south
line of a tract of land conveyed to Home Interiors and Gifts, Inc. by deed recorded
in Volume 93062, Page 4532 of the Deed Records of Dallas County, Texas;
THENCE South 89 deg. 01 min. 04 sec. East a distance of 249.41 feet along the south
line of said Home Interiors tract to a 1/2-inch iron rod found for corner;
THENCE South 89 deg. 01 min. 28 sec. East a distance of 260.00 feet along the South
line of Block 5 of Coppell Commerce Center, an addition to the City of Coppell as
recorded in Volume 81051, Page 3041 of the Deed Records of Dallas County, Texas, to a
1/2-inch iron rod found for corner;
THENCE South 89 deg. 01 min. 04 sec. East a distance of 197.79 feet along the south
line of that certain tract of land conveyed to Mary Virginia Thweatt by deed recorded
in Volume 2112, Page 419 of the Deed Records of Dallas County, Texas, to a 1/2-inch
iron rod found for corner in the north line of a cul-de-sac for Hammond Street, said
iron rod being in a curve to the left that has a central angle of 180 deg. O0 min. 00
sec., a rad£us of 60.00 feet and a chord that bears South O1 deg. 17 min. 26 sec.
West;
THENCE along the west line of said cul-de-sac and said curve to the left an arc
distance of 188.50 feet to a 1/2-inch iron rod found for corner; THENCE South 01 deg.
17 min. 26 sec. West a distance of 1,059.15 feet along the west line of said Hammond
Street to a 1/2-inch iron rod found at its intersection with the north line of said
Burns Street;
THENCE South 87 deg. 17 min. 36 sec. West a distance of 709.12 feet along the north
line of said Street to the POINT OF BEGINNING and CONTAINING 844,459 square feet or
19.39 acres of land.
NOTE: COMPANY DOES NOT REPRESENT THAT THE ABOVE ACREAGE AND/OR SQUARE FOOTAGE
CALCULATIONS ARE CORRECT.
EXHIBIT "~'