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Park West CC(16)-AG 901113~_ck .) ~ N CL~ ~~s~.~ iNE Ciiv W~iN A BEAUT~F ~~~ FUTUPE t ~= '_ ' A~ENaA REQUEST FARM CITY COUNCIL MEETING November 13 , 1990 ITEM NO _ -=-~-- STEM CAPTIQN: A. Consideration and approval of tax abatement application for Thacker Container Car~pany. B. Consideration and approval of waiver of fees (up to $12,000) for Thacker Ccxripany. SUBMITTED EY: STAFF REP.: (Director s Signature) OTHER REP.: E<IALUATIGN OF ITEM: ~ ~%r C.~ . ,..,..,~ o-z~/ /~ J Bt'DGET AMT.: AMT. ESTIMATED: AMT. +/- BUDGET: ('CI~ENTS: FINANCIAL REVIEW BY: LEGAL REVIEW BY: ~,_ REVIEWED BY CM: AGEt`DA REQ FORD".. CSSSDS DATE: Recycling Committee. He gave an update of the recycling pilot program which began in two neighborhoods on November 10, 1990. He reported that there was approximately 85$ participation in both the Hunterwood and Meadows Sub-divisions. When asked by Council what the plans for the future as regards to the entire City, Mr. Brooks stated that the Committee anticipates a City-wide implementation of curbside recycling in early 1991. No further action was required on this item. At this time, Mayor Wolfe thanked the Student City Council for their participation in tonight's agenda. He presented them with Certificates of Appreciation. Following a brief recess, the Council adjourned into Open Session to consider the remainder of the Agenda. Item 16 A. Consideration and approval of tax abatement application and/or waiving of fees (up to $12,000) for Thacker Container Program. B. Consideration and approval of waiver of fees (up to $12,000) for Thacker Container Company. Mayor Pro Tem Smothermon reported that the Tax Abatement Committee recommends that the application fee not be waived, but that a waiver of fees of up to $12,000 for Thacker Container Company be granted. The company is looking to locate in the Park West Commerce Center. Council expressed concern that there are no guidelines or consistency in granting waiver of fees. It was pointed out that existing business who are planning to expand should be given the same consideration as new businesses so far as waiver of fees is concerned. To date, each request for waiver of fees has been considered on a case-by-case basis. Council requested that Staff and/or Finance Committee develop a cohesive policy for consistent consideration of waiver of fees by new and existing businesses. Council Member Nelson moved that the Tax Abatement application from Thacker Container Company be denied and that the waiver of fees (up to $12,000} be approved. Mayor Pro Tem Smothermon seconded the motion. The motion carried 4-3, with Mayor Pro Tem Smothermon and Council Member Thomas, Morton and Nelson voting in favor of the motion and Council Members Weaver, Cowman and Robertson voting against the motion. Item 17 Consideration of a variance from Table II Appendix A of the City of Coppell Subdivision Ordinance which concerns requirements for maximum widths of driveways. This variance is being requested by Mark Webb of Lambert Landscape Co. for Max Andrews who resides at 235 Winding Hollow, Villages at Cottonwood Creek Subdivision. Building Official Dale Jackson made the presentation. Mr. Marx Webb of Lambert Landscape Company was also present with plats of the proposed work. Following discussion of this item, Council Member Weaver moved that the consideration of a variance from Table II Appendix A of the City of Coppell Subdivision Ordinance which concerns the requirements for maximum widths of driveways be denied. Council member •inuma~ sacor~3ed the motion. The motion to deny the variance carried 7-0 with Mayor Pro Tem Smothermon and Councilmen Weaver, Thomas, Morton, Cowman, Robertson and Nelson voting in favor of the motion. APPLICATION FOR TAX ABATEMENT TO CITY OF COPPELL, TEXAS APPLICANT: Robert J. Thacker and Thomas R. Thacker P. 0. Box 3007 Santa Fe Springs, California 90670 (213) 944-6121 APPLICANT'S REPRESENTATIVE: James C. Tubb, Attorney at Law 5200 Renaissance Tower 1201 Elm Street Dallas, Texas 75270 (214) 742-1701 FAX - (214) 745-8935 The property (reinvestment zone) is located within: City of Coppell X Coppell ISD X Dallas County X Denton County The following is a description of the property to be included in the reinvestment zone which is also shown on the attached plat: A tract containing 218,237 square feet more or less (5.01 acres) ("Property") being in Block 8 of the Park West Commerce Center ("Park West"), City of Coppell ("City"), Dallas County, Texas, and to be situated on the Southwest corner of the proposed intersection of Airline Drive and Enterprise Drive in Park West. The Property will have approximately 531 front feet on Airline Drive and approxi- mately 411.37 front feet on Enterprise Drive and is more particularly described by metes and bounds on Exhibit "A" attached. 1. AVAILABILITY OF TAX ABATEMENT. New facilities and structures will be constructed upon the Property by the Applicants and additional future expansion is contemplated. 2. MINIMUM STANDARDS FOR TAX ABATEMENT. The Applicant submits that the Property and all improvements to be placed thereupon (collectively "the Project") will contribute to the (1) retention or expansion of primary employment, (2) attract major investment into the zone, and (3) contribute to the economic development of the City and will meet the following criteria: A. The Project involves a minimum increase in property value of 300%. The Property is currently assessed as agricultural land on the tax rolls of the City. Based upon the cost of the land and the reasonable estimate of all proposed improvements in the first phase of development, the new value of the Property and the Project should exceed $1,700,000. B. The Project will have high visibility, image impact, and will be of a significantly higher level of development than currently exists. C. The Project can and is expected to serve as a prototype and catalyst for other development of a higher standard. -~- D. The Project will stimulate concentrations of employment and/or commercial activity. E. The Project will generate substantially greater employment than the use to which the Property is currently dedicated and substantially in excess of residential or other similar usage. NARRATIVE STATEMENT. The estimated gross cost of the Property prior to development is $557,000 and the estimated minimum cost of improvements is $1,300,000 excluding taxable personal property for an estimated total cost of $1,857,000. The Property is currently assessed as agricultural land having a value substantially less than the estimated gross cost of the Property to the Applicants. The cost of improvements may vary after the preparation of final working drawings and the completion of the bidding process. It is not believed that the cost of the improvements would be less than $1,300,000; however, those costs include all labor and material and landscaping for the completion of the Project, some of which may not be directly attributable to an increase in the tax base, but nevertheless will substantially exceed the 300% minimum limit increase. The Project is planned to be an industrial office/warehouse distribution center, which will be constructed by the Applicants and occupied by the Thacker Container Co. ("Thacker"), a company wholly owned by the Applicants. The current size of the first phase of the Project is to be approximately 75,000 square feet, including approximately 3,000 square feet of air conditioned office space. Thacker currently occupies an office warehouse property as a tenant in the City of Carrollton, Texas, where it employs 16 persons working one shift a day. Those 16 employees include 6 who are equipment operators and 10 in sales, sales service and management. The Carrollton facility has been in operation 14 years. Thacker plans an aggressive expansion program into markets in the midwest and southeast in the immediate future. It is contemplated that second and third shifts will be employed in the future, and the improvements themselves will be expanded to a maximum footprint of 105,000 square feet, depending upon the success of the expansion plans. The potential growth and expansion to more than 30 employees and an overall investment in excess of approximately $2,500,000 would be a major and significant investment by Thacker and a substantial increase in the tax base over the Property as it now exists. The Project is not a speculative venture but is a project that will be owner-occupied. Further, it is the first owner- occupied building to be constructed in the Center; therefore, the -3- significance of this Project is substantial regarding other owner-occupied development. Thacker is headquarteres in Sante Fe Springs, California, and currently operates two plants and five warehouses in four states with 260 employees. They have been in business since 1946 and in the Dallas area since 1977. The construction and occupancy of an attractive structure of quality construction pursuant to the high standards required by the Restrictive Covenants and Building Standards of Park West will enhance Park West and, in all reasonable probability, generate additional interest in the construction of owner- occupied buildings. Thacker does not engage in manufacturing and its operation and the products it distributes are pollution free and without environmental hazard. Virtually all of the company's products are recyclable and are completely compatible with all desirable environmental standards. The structure itself, more particularly described hereafter, will be visible from nearby thoroughfares and freeways and will add momentum to the marketing effort of Prentiss/Copley Investment Group for Park West and generally encourage other users to move into Park West with reasonable certainty that growth and prosperity are returning to the real estate markets of Dallas County. 3. DESCRIPTION OF IMPROVEMENTS. The structures to be constructed within the reinvestment zone are: 1. A 75,000 square foot office/warehouse building designed by Mark Pross of the Pross Design Group, Inc., 2607 Walnut Hill Lane, Suite 100, Dallas, Texas 75225 (350-5602). 2. The building shall be a one-story structure with steel frame and roof struts and will be 100% sprinklered. The overall construction should qualify for the most desirable fire insurance rates for structures of this type. 3. The design calls for concrete wall panels of exposed aggregate and painted surfaces with reveals separating the aggregate from the painted surfaces, thereby creating an attractive and pleasing design and image to the naked eye. The roof will be a three-ply built-up roof, and the building will have a truck dock four feet high and other amenities customarily found with office/warehouse properties in the light industrial category. -4- 4. VALUE OF IMPROVEMENTS. The estimated cost of construction cannot be precisely determined at this time since the entire Project is still in the preliminary design stages. However, it is anticipated that the cost of construction of the first phase will range from $18 to $25 per square foot, depending upon the final design and the cost of construction will range from $1,300,000 to $1,800,000. 5. TAXABLE PERSONAL PROPERTY. Applicants also request tax abatement for all taxable personal property used at the Project. The precise description of personal property and its value has not yet been determined. 6. DATE PROJECT COULD START: Fourth quarter 1990. 7. DATE PROJECTED FOR OCCUPATION OF THE PROJECTjINITIATION OF OPERATIONS: First quarter 1991. 8. EXPECTED BENEFITS TO THE CITY. Applicants believe the City will benefit at least in the following ways: A. The taxable value of the completed Project will exceed the Minimum Standards for Tax Abatement described in the ordinances. B. The Project will stimulate additional construction in the Center and increase the probability of owner-occupied improvements which adds stability to the City and long-term commitment to becoming a contributing member of the community. C. The improvements will, in all likelihood, be of a higher quality and building standard than structures constructed for speculative purposes. D. The Project will indirectly serve to amortize and recoup the cost of abating and servicing roadways by increasing the taxable value of the land served by those abutting and servicing roadways. Application submitted this day of August, 1990. Robert J. Thacker and Thomas R. Thacker by James C. Tubb, their attorney -5- FIELD NOTES BEING A TRACT OF LAND IN THE JAMES A. SIMMONS SURVEY ABSTRACT ND. 1296, AND ALSO BEING PART OF BLOCK 9, ACCORDING 7D THE FINAL PLAT OF GATEWAY PARK AT COPPELL RECORDED IN VOLUME 88100, PAGE 2893, MAP RECORDS OF DALLAS COUNTY, TEXAS, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS COMMENCING AT A 1/2 INCH SET IRON ROD LOCATED AT THE INTERSECTION OF THE WEST RIGHT-DF-WAY LINE ^F BEL7 LINE ROAD 0120 FEET WIDE) WITH THE SOUTH RIGHT-OF- WAY LINE OF AIRLINE DRIVE C60 FEET WIDE) THENCE NORTH 89' 06' 46' WEST ALONG THE SOUTH RIGHT-DF-WAY LINE OF SAID AIRLINE DRIVE, A DISTANCE OF 3368,52 FEET TO AN IRON RDD FOR CORNER SAID POINT BEING THE PRINT DF BEGINNINGi THENCE SOUTH 89'06'46' EAST ALONG THE SOUTH R.O.W. OF AIRLINE DRIVE, 391.37 FEET TO A IRON ROD FOR CORNER THENCE SOUTH 44'06'46' EAST 28,28 FEET TD AN IRON ROD FDR CDRNER~ THENCE SOUTH 0'53'14' WEST 531,00 FEET T^ AN IRGN ROD FOR CDRNERI THENCE NORTH 89' 06' 46' WEST, 411,37 F EET TD AN IRON ROD FDR CDRNER~ THENCE NORTH 0'53'14' EAST 531,00 FEET TO THE POINT OF BEGINNING AND CONTAIN ING 218,237.47 SQUARE FEET, OR 5 .01 ACRES OF LAND MORE OR LESS. EXHIBI`T' 1~ y~~ .z.,~~ C; b O tJ 3 N I 1 1 `~ ~ 9 ~ ~--~ ~ ~ ~ Y < ~ ~ U V < ~ O e C h m rj m N WYy N x ~ f,~ ~ ~ h wl U Z ~ Y < 0 i ~ ~ V ~ ~ S~ a n W v ~ 1 J r I- u ~ ` m t < 1 N W 3 I~ ° I Q E ~ 0 N ~ ~ ~ o w I,I ~ ~ ~z -' lj.j . , i u `' ~ t u ~~ Z < ~ \ ~,~~~ ~ ~ o a ~ ~ m o ~ 3 ~ ~ ~ ~~ C f I I ~J . ~ I ;, I 1, ~ ~ ,f ~ ~6 y '',, Y < ~ w~ ~'J Q v) ~ 1 J O @ pj ~ i ~ r ~ ~~, ~ .--~- W 1~ r~ `\ ~ ~~ ,\ ~ ~ ~ ~'~ /~ \ . \ `'. .\ + '~ n ~\ U e \ O ( \~\ •\ ..3. ~L i ' j r II f LL\L.LLL 1 •; ~ j / .....N ..,... NI\ IAN /~ Mgnl Iw1AI '~ j/ .~ W _ or OQ ~O ~~ ///// F IM~Iw~11wN1I NI ~ 111 'IM