OR 2001-963 Designates Reinvestment Zone No. 34 CP-Coppell Industrial ORDINANCE NO. 2001-963
AN ORDINANCE OF THE CITY OF COPPELL, TEXAS, DESIGNATING
REINVESTMENT ZONE NO. 34 (CP - COPPELL INDUSTRIAL, LTD.);
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 llMPROVEMENTS 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.
34 (CP-Coppell Industrial, Ltd.)."
SECTION 3. That the property within Reinvestment Zone No. 34 is eligible for commercial-
industrial tax abatement effective on January 1, 2002
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 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 18th day of
September, 2001.
APP OVED:
CANDY SHEEHAN, MAYOR
ATTEST:
LIBBY BALL, CiTY SECRETARY
PETER G. SMITH, CITY ATTORNEY
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2 41292
LEGAL DESCRIPTION
LOT 1, BLOCK A
COPPELL INDUSTRIAL ADDITION
BEING a 30.33 acre tract of land situated in the S.A. and M.G.R.R. Survey, Abstract No. 1439,
City of Coppell, Dallas County, Texas and being a portion of that certain tract conveyed to
CP-Coppell Industrial, LTD. and TES-VIRGIL AVENUE, LTD. as evidenced by deeds recorded
in Volume 2000093, Page 4346 and Volume 2000093, Page 4352, Dallas County Deed Records
and being more particularly described as follows:
COMMENCING at a found 1/2 inch iron rod with LJA cap for the northeast comer of Lot 3R,
Freeport North, an addition to the City of Coppell as recorded in Volume 95245, Page 2050, Plat
Records Dallas County, Texas.
THENCE South 00°44'06'' East, a distance of 733.79 feet to the POINT OF BEGINNING;
THENCE North 89o18'47'' East, a distance of 941.06 feet to a set 1/2 inch iron rod;
THENCE South 00°41 '13" East, a distance of 1404.98 feet to a set 1/2 inch iron rod in the north
line of Bethel Road;
THENCE South 89o18'44'' West, a distance of 939.88 feet to a set 1/2 inch iron rod;
THENCE North 00044'06" West, a distance of 1405.00 feet to the POINT OF BEGINNING and
CONTAINING 1,321,350 square feet, 30.33 acres of land, more or less.
EXHIBIT