Item 6ACITY OF
SOUTHLAK
MEMORANDUM
May 26, 2020
To: Shana Yelverton, City Manager
From: Alison Ortowski, Assistant City Manager
Subject: Item 6A: Ordinance No. 1227, 2nd Reading, establishing a
Tax Abatement Reinvestment Zone in the City of Southlake,
Texas as authorized by the Property Redevelopment and Tax
Abatement Act, Chapter 312 of the Texas Tax Code. PUBLIC
HEARING
Action
Requested: Approval of Ordinance No. 1227 as presented.
Background
Information: On February 4, 2020, the City Council directed City Manager
Shana Yelverton to enter into a Memorandum of
Understanding (MOU) with Varidesk, LLC whose purpose
was to establish the mutually -agreed upon terms of a future
incentive agreement between the two entities. In addition to
establishing terms for reimbursement of general fund sales
taxes generated by the project, the terms of that MOU also
included the following:
"The parties desire to enter into an ad valorem tax abatement
agreement pursuant to Chapter 312 of the Texas Tax Code to
exempt from taxation (i) 80% of the increase in the value of
the Property for a period of 10 years or until Company or its
assigns have had a future defined amount of taxes abated;
and (ii) 80% of the tangible personal property that is brought
on to the Property after the execution of the tax abatement
agreement, for a period not to exceed 10 years. "
In order to grant Varidesk this tax abatement, the City must
adopt an ordinance designating a reinvestment zone that meets
the criteria for the creation of a tax abatement reinvestment
zone as set forth in Section 312.202(a) of the Texas Tax Code,
as amended, and in particular Section 312.202(a)(6) of the
Texas Tax Code, in that it is "reasonably likely as a result of the
designation to contribute to the retention or expansion of
primary employment or to attract major investment in the zone
City of Southlake Values:
Integrity ♦ Innovation ♦ Accountability ♦ Commitment to Excellence ♦ Teamwork
Item 4C: Ordinance No. 1227; City Council Meeting Date — May 19, 2020
Page 2 of 7
that would be a benefit to the property and that would contribute
to the economic development of the City." The Varidesk project
meets this requirement with its projected development
investment (est. $63,895,000) and job creation numbers (est.
2600).
Ordinance No. 1227 includes as Exhibit A the plat and legal
description for the site which will serve as the boundaries for the
zone.
Strategic Link: C4 Attract & keep top -tier businesses to drive a dynamic &
sustainable economic environment
Citizen Input/
Board Review: N/A
Financial
Considerations: The creation of this reinvestment zone does not financially
obligate the City. However, it does enable the City to enter
into a tax abatement agreement with Varidesk, LLC as agreed
upon in the MOU. The agreement will be structured to provide
Varidesk, LLC with a ten-year, 80% tax abatement for ad
valorem and business personal property taxes. The MOU
states that the amount of real and personal property abated
under any agreement will not exceed $930,000 so the final
agreement will ensure this cap on the value is in place. The
current annual benefit the City receives from the property is
negligible. The annual benefit to the City during the
abatement period is estimated to be $79,000. Following
termination of the abatement, the annual benefit to the City is
estimated to increase, on average, to $220,000.
Legal Review: The proposed ordinance was reviewed and approved by the
City Attorney.
Alternatives: As the form and content of the designation of a reinvestment
zone is prescribed by Chapter 312 of the Texas Tax Code,
there is very little alternative to approving the ordinance as
proposed. Council can choose to not approve the
designation; however, without the designation, the City cannot
meet the terms of the MOU.
Supporting
Documents: Ordinance No. 1227
City of Southlake Values:
Integrity ♦ Innovation ♦ Accountability ♦ Commitment to Excellence ♦ Teamwork
ORDINANCE NO. 1227
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SOUTHLAKE,
TEXAS, DESIGNATING A CERTAIN AREA AS A TAX ABATEMENT
REINVESTMENT ZONE FOR COMMERCIAL -INDUSTRIAL TAX ABATE-
MENT, TO BE KNOWN AS REINVESTMENT ZONE NO. 1;
ESTABLISHING THE BOUNDARIES THEREOF AND OTHER MATTERS
RELATED THERETO; PROVIDING A SEVERABILITY CLAUSE;
PROVIDING A CUMULATIVE CLAUSE; AND PROVIDING FOR AN
EFFECTIVE DATE.
WHEREAS, the City Council of the City of Southlake, Texas (hereinafter referred to
as the "City") desires to promote the development or redevelopment of a certain contiguous
geographic area within the City of Southlake, Texas, by the creation of a reinvestment zone
for commercial -industrial tax abatement, as authorized by Chapter 312 of the Texas Tax
Code, as amended; and
WHEREAS, a public hearing before the City Council of the City of Southlake, Texas,
was scheduled and held at p.m. on June 2, 2020, such date being at least seven (7)
days after the date of publication of the notice of such public hearing, pursuant to Section
312.201(d) of the Texas Tax Code, as amended; and
WHEREAS, the City Council of the City of Southlake, Texas, held such public
hearing after publishing notice of such public hearing, and giving written notice to all taxing
units overlapping the territory inside the proposed Reinvestment Zone No. 2; and
WHEREAS, the City at such public hearing invited any interested person to appear
and speak for or against the creation of Reinvestment Zone No. 2, the boundaries of the
zone, whether all or part of the territory should be included in such proposed zone, and the
concept of tax abatement.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF SOUTHLAKE, TEXAS, THAT:
RFrTIM 1
The findings set forth above are incorporated into the body of this ordinance as if fully
set forth herein.
SECTION 2
The City, after conducting such public hearing and having heard such evidence and
testimony has made the following findings and determinations based upon the testimony
presented:
City of Southlake Values:
Integrity ♦ Innovation ♦ Accountability ♦ Commitment to Excellence ♦ Teamwork
(a) That a public hearing on the adoption of Reinvestment Zone No. 2 has been properly
called, held and conducted, and that notice of such hearing has been published as required
by law and mailed to all property taxing units overlapping the territory inside the proposed
Reinvestment Zone No. 2; and
(b) That the boundaries of Reinvestment Zone No. 2 should be the area as described
and/or depicted in Exhibit A, which is attached hereto and incorporated herein for all
purposes; and
(c) That creation of Reinvestment Zone No. 2 will result in benefits to the City and to the
land included within the zone, and the improvements sought are feasible and practical; and
(d) That Reinvestment Zone No. 2 meets the criteria for the creation of a tax abatement
reinvestment zone as set forth in Section 312.202(a) of the Texas Tax Code, as amended,
and in particular Section 312.202(a)(6) of the Texas Tax Code, in that it is "reasonably likely
as a result of the designation to contribute to the retention or expansion of primary
employment or to attract major investment in the zone that would be a benefit to the property
and that would contribute to the economic development of the City"; and
(e) That Reinvestment Zone No. 2 as described an/or depicted in Exhibit A meets the
criteria for the creation of a reinvestment zone as set forth in the City of Southlake, Texas,
Tax Abatement Guidelines and Criteria; and
(f) That the improvements proposed for the Reinvestment Zone are feasible and
practical and would be a benefit to the land to be included in the zone and to the City after
the expiration of any tax abatement agreement.
SECTION 3
Pursuant to Section 312.201 of the Texas Tax Code, as amended, the City hereby
creates a tax abatement reinvestment zone for commercial -industrial tax abatement
encompassing only the area described and/or depicted in Exhibit A, and such zone is hereby
designated, and for identification shall be known as "Reinvestment Zone No. 2".
SECTION 4
Reinvestment Zone No. 2 shall take effect immediately upon passage of this
ordinance. Reinvestment Zone No. 2 is effective for five (5) years and may be renewed for
periods not to exceed five (5) years.
SECTION 5
This ordinance shall be cumulative of all provisions of ordinances and of the Code of
Ordinances of the City of Southlake, Texas, as amended, except where the provisions of
this ordinance are in direct conflict with the provisions of such ordinances and such Code,
in which event the conflicting provisions of such ordinances and such Code are hereby
repealed.
SECTION 6
Should any sentence, paragraph, subdivision, clause, phrase or section of this
ordinance be adjudged or held to be unconstitutional, illegal or invalid, 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, illegal or unconstitutional, and shall not affect the validity
of the Code of Ordinances as a whole.
SECTION 7
The City Secretary of the City of Southlake is hereby directed to publish this
ordinance to the extent required by law.
L97ii0rilki17
This ordinance shall take effect immediately from and after its passage and approval,
and it is so ordained.
PASSED AND APPROVED ON FIRST READING this 19th day of May, 2020.
Laura Hill
Mayor
ATTEST:
Amy Shelley, TRMC
City Secretary
PASSED AND APPROVED ON SECOND READING this 2nd day of June, 2020.
Laura Hill
Mayor
ATTEST:
Amy Shelley, TRMC
City Secretary
EFFECTIVE:
APPROVED AS TO FORM AND LEGALITY:
City Attorney
Exhibit A
Legal Description
Reinvestment Zone No. 2
City of Southlake, Texas
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,° ; : � 'NOTES: PU Sure
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N 75.2 '50" E I S 1 �' 27 55. d. Selling a portion of any lot within this addition by metes and bounds is a violation of state
14.64 2' E law and cityordinance and is subject to fines and withholding of utilities and building
t 1 D.flO permits. I 9 S
S 14 at'1 E 5 4'31'1 E € 1
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. a, fa,Op• 10 �q b. The City of Svuthlake reserves the right to require minimum finish floor elevations on
any lot contained within this addition. The minimum elevations shown are based on the
133 1 S 70. 3Z1 W, most current information available at the time the plat is filed and may be subject to
S 75'26'50' N 13,85 I change. Additional lots, other than those shown, may also be subject to minimum finish
74,41 ► 34.64 I 9a73 � llvcx criteria.
e. The owners of all corner lots shall maintain sight triangles in accordance with the City
1 D' 1a
EA rIL1T Y Subdivision Ordinance.
Tr EASEMENT DETAIL "E" d. Compliance with the provisions of the City's Storm Drainage Policy does not relieve a
,EASEMEEmc NT DET,IL 11D" � a THIS � A r
B r THIS PLAT 1■ 40. r 1■ qD+ person of the responsibility of complying with all other applicable laws, but not limited to,
f Section 11.086, Texas Water Code.
I BOUNDARY BOUNDARY
j CURVE DATA TABLE BEARING/DISTANCE TABLE
LEGEND
~ ti 4=06` 59' 26' &=84' 12' 10' N17' 13' 476E
PROPERTY BOUNDARY LINE R=14 74.00" R=90.40' H 4•31.
I WILKS S 'TH LAKE DEVELOPMENT C1 L=179.84" C7 0125.98'
.._,.� ... RIGHT PG. DICATION �-
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• N11' 12' 590E
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I THIS SHEET I 1� w/Hz CAR I D.R. r.C, SHADE _
N 7043981.00 I { - APPROXIMATE ABSTRA .T LINE _
E 2376905.63 I I FOR PROPOSED I 1 � M.� _ � .'�.'. _ _"'"". "" .""'.L�.". �'�'� PUBLIC ACCESS A
1 & ABANDONED �, _ - :1 ur►LITr EASEMENT
EASEMENTS* VOL. Sea ,211, P 60 I
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CVO, 151 Q ADDITION ;.� t G DEDICATION
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n A, SLIDE 154 } i �. -_ Ngo o I [ 1
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CAB , SLIDE 4r54 I i UTit Irr EASE Nr '' - _ •. I . _.. ,�� 1 '
ft"-, v1� # VOIL. 38a-211, P� 8 , .3D' 9UA DING �` � 9O4 518 FIR �� � PUBLIC ACCESS A
a•- F"" � •4,3• W/HI CAP 1,.,. -.�
1 f P.R.PRT. r. I . SE rBACK L rluE' 1 C ~ _"' -- UTILITY EASEMENT 1
vo,�. 38B-2Jr, PC.. 68 �. FND 'x' ` VO 3BB-ZJr. P 6119 t 1
l P.R. T.C. T. � � �. •-•� --�. �
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ADDITION NO. i z� �, 1 FL
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P . R. T. C. T. HIS PI<
CAR. G, PG. 20EI PUBLIC ACCEss A
•�'. ?.. 1 P.R.D.C.T. SEE DETAIL .C. LIrRITr EASEMENT ` . 1
k- I r A, THIS SHEET opt. 3sB 1i, sd� ► ► �� } I LOT *4 R3 /
r P.R, .C..
1g5B l 1 � 1► , I j BLOCK t
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. DOC. NO. D214022081 ti ;I �' 1 11 j CAD A, SLIDE 1`2216 1 ef I Z� NE
► --- �, O.R.T.C.T. . O15--'� 11 DOC. NO. 1]207347944 �1
FND BRASS 1 1 �" -- m DDC. NO. 2014-10055 +°,,A tO. 1 .� C4 { )
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EASEMENT
BEARING/DISTANCE TABLE
, EASEMENT
- CURVE t7ATA TABLE
E1
N8W 57' 526E
T.45'
E9
S6.r 57' 56` -w
fi.89'
b=as' 1311364
R=35.00'
4=4(r 015' 05' -
R=Bf.ODI
L=53.89'
L=60.19'
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N13 26 521
36.92
Era
$340 41r 49 1T
23-000
Ec1 T=33.9Y
CB-N72 55' 161
CD=48.73'
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S14' 21' o8`w
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$ITC UT E
LOCATION ,34
LOCATION MAP
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1/2' FIR T .. E . `'- �.
1 11/H CAP Ni i UTKI T Y EA SEUENT . _ _ �,. _J
till ES 4 FN1i
NOI'54'38'W MON
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t UTKIT r EASEMENT' I 05'SB'1{3' E
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. ., I
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61.1r , TEXIS EXISTING EXISTING
I 3 i N 89 11 E 50561 37'd, TO REMAIN,
30.2D 5�4. 07' �3 PLAT REVISION
o S 89'32'11, w`i 51,DQ OF
ry N , 54.3r . in
�. EXISTING LOT 1 R, BLOCK B
.� REMAIN
P- -in 5" 52' 37OW
MTP-18M A001TION NO. 1
I
te.D AN ADDITION TO THE CITY OF SOUTHLAKE
VARIABL E WID TN I I lyd -
tITKITY EASEMEN T�► ,;; PUBLIC ACCESS A BEING A REVISION OF
BY THIS PLAT S � � o �jea`a�i se LOT I, BLOCK B, MTP-IBM ADDITION NO. 1,
ti os�s � �} � woo P.R. r.C. r. !
ACCORDING
e♦ R EXISTING E TO THE PLATS THEREOF RECORDED IN
+ TO REMAIN
■■■ 1 N84 071 23 w VOLUME 388-211, PAGES 68 AND 69 IN THE
51`°(r PLAT RECORDS OF TARRANT COUNTY, TEXAS
f
FND BRASS g 77.33.24' INANC] IN
TxaDT MON35'S2' 1 = CABINET G. PAGE 248 iN THE
_' �- -- �- -�. : PLAT RECORDS OF D N
�.o•�a, � _ � ENTO COUNTY, TEXAS,
WHICH IS 20.18 ACRES LOCATED IN THE
W. MEDLIN SURVEY, ABSTRACT 1 M AND IN THE
I U.P. MARTIN SURVEY, ABSTRACT 1418
DETAIL "A" f CITY OF SOUTHLAKE,
1. �o. _ TARRAN T COUNTY, TEXAS
OWNER
Brian 06esse
BRE Solana LLC
r` Z311 Cedar Springo Road, Suite 301
Dallas, TX 75201
Ph: 972-556-7100
8Y �M
SURVEYOR
D4U GLAS A. CALi-fGU NLF
, RPLS
` SURVEY MANAGER TBPLS FIRM NO. 10029603
HALFF ASSOCIATES, INC.
4000 FOSSIL CREEK BLVD, - 4DDO FCS$IL CREF.K BLVD. FORT WORT% TEXAS 76137 (817) 8471422
FORT WORTH, TEXAS 76131 NOVEMBE.R 10. 2015
i8 Z 7 1s4-7505 DIRECT CASE No. _ A13-124 �
(8171232-9784 FAX i
dacaihaun( halff.corn Filed as instrument # 0-.19 0 3 Y910 Date. r� 2
1
it
i � �� � E
� o t
ETA' ��F�rEx,A�
r �
CQIJ,NI'Y Q� Tr4Rd?.ANT
Wei �f�EAS, g BRA Salons i,�t {� aG�n9 by and through the undersigned, it � dilly
aut11 rived agent, is sofa own of a tract ❑t tac�[t stkuat�d� in the v1f, Medlin Survey, Abstrau-# No. 195 and
the .P.1Vlartrn Survey, Aisstratct No, 'Ia1 B, Courtf u� Tarr�nt� according to the d�:ed recorded rn l~3acutn�r►t
v. 2�4fi��4$1 ir1 the OffiCia! Records of rtarrer���ount texas and in Document lVc�. �044-14D5S 4 fetal
ire = ' rds Denton Lour, Texa sarrle bale Lot �, 8 sell �� of the tots recorded as NiTP-113M Addition o,1;
G� � �, � .
an a � ditiort to the Cit of Souti}rlak� as recorded rn olurn 388-��1, F'a a fib and 69, m tine pint Records of
Y 9
Tarr nt Cour►ty, Texas and in t�abinet 4, Page �D�, (n the ia{ records of Denton County, Texas, and �eing
rnor particularly described as follows � _ �
BEC�tNNINt3 at a found Br ss Texas De a��'1�n� a� I Tr�rtspartation monument in concrete a the
C, � . `
irrter$pc;tton of the.nvrtheaster,y ri[�rtt-of--way 1tn� � �tat� 1;�rg�way 1 Z4 �vartable vuidth right-af-way} aria the
east;rtyh#�� way lens of T.11Y, lKrng road �variabl9- w��ith rt I'tt-�f way}, i
_ I
Tl-IF,�lCE North � dggreras 2 minutes fib sec�rnd� vVes , a one said east right -off way Tina, a distance of
55'1.�4 feet tv a 1I�-inch fflun iron rtrd with "HU1TT ��]LLAR � cap far corner;
TI-lI�VGi North 4U degrees 4 minutes �3 seconds vVe f, continuing along said east right-Q� way 1�ne, a
distance of i D1.34 feat to a 1l -inch found iron rflc� �iti�'`i-1 iTT �QLLARS"cap fur canner,
Tl-iE GE Nr�rthl7 dayrees 1 rriinutes D7r seca�dS has}, cflntinuiryg along said east right -of way lip s, a
r
d�st;�nca U114.31 feet to a point fcx corner, �
TM - CE North 't't deyraes 1 � minutes 59 sacfln�s Easy, corrtinurng along saki east right-4f way l�na, a
.� �
�irst�nce cif 35.�9 feast tv a poit�tt far corr�ar, _ �
THE�IGE North 24 degrees 5� mirfutes 49 secants Eas cpntinuing along said east right-af--way lire, a
drstance cif 30,DD feet fa a point for curnar, f
� I 1
TI-i Gl North 54 decirees Q5 minutes fib secortc�s Ea t, Gorttrnuing along sat+i east right-af way l nee a-
ds; t�nce sir 'i D.a4 feet to a point for earner; _ .
� _ i
Tl~iE�NCE North 4B degrees S minutes 43 aecon�s Ea t, Gan#inurng along soya east rrght-of--way i�ne, a
dtst�rrce of �8.59 fee# tv a poi t for career, - �
= � � • ��
Trl�vGl= Ntirth fU degrees �9 m+Waxes �B seconds ,East, antinuing along said east rrght-vf-way 1 nee a
first nca cif �9.53 feet to a 11�-tnGh found irtin rod ��rth I-1 !T� �QLLA#�S cap for canner,
� �
THF'NCE North fiB dey,rees 4 minutes 27 sac�n�s East;-Qntinuirrg along said east right-af-way 1 nee a
r t f 4.�8 feet to a �1� inch found iron rod .with "�iUIT� �QLt.ARS"cap far earner;
d s secs G 2 � � i
Ti-4 GE North 5g degrees � 5 minutes 3� sec4n�s Ea`�t, Gor�tinuing slang sal+� east right -off way 1 ne, a
dtst�nce of 149.47 feet t4 a Int fw corner; _ �
TH INQE Ns�rth 1 � degrees a minutes 14 seen ; s �a�t, continuing along said east right -of --way 1 na; a
i t�n 42.80 fast f4 a th intratsectiQn of said . V1f in #load and the soutl�westerl right-of-w lj�e
ds� ceof
' n Flo d vari ble width ri ht-of-v�►a bole r� a circular curve to the 1e not bein to ant
ul East T W. Ki 9, a � � g yy}, � � 9 r rg 4
r earn cour$e hav n a radiirs of 1,474.4D �e � nd whose chord bears S4t~rth Z 4 deg e s 4
tv �e p ec , g � . ,I g � �` �
min�rtes 1 T set.Unds East, a fir lance of # 7g,T3 fe�� � �
T1-lF1VCl� SU�rtheasterly, dap rung said east right cri war life, along said southwesterly right -off wa line
and,along said circular c[,irve tp the haft, through a,cQntraf Ong e � DB degrees 59 minutes �B seconds or an
are ten th at 179.84feet to a '112-ir►t;h found ,eon rid with, th remains of a cap far the point Q! cam ou�►�d
curvy t ug of a circular curvet the 1eR, having a radius of 4l .DD feet whose chard bears South 4B d yeas
� n r drslan Uf 43�.74 f el�
44 rnlnutes flQ ssco ds East, ce � �
TH ONCE SoutheastrarlY, cunt ruing along Wald S�u�h�resteri nigh#-uf way tine, along said circular cu�va t�
th thrau h a central an a of 55 d Eras � minute D� se�,�nds, for an arc length of 455,4t fe t t� a
1
e ,e� f it r wi h "H ITT ZQLLAE�S" Ga for q rtor
1 !�- n�,h ❑un� on od t p , �
� � _ f �
Ti-t �NCE South 73 degrees 1+4 minutes Dg seeond� E�stt tontinuing aian9 said southwesterly right -cif way
i` � di t- n a of 4Q4.43 fe tv a found "�" cud f ihv i t of curvature of a circt�iar curve to the ri ht,
rna,� a sac c� po 11 ,
havr�ng a radius of 4D8.4D f at whose chord bears �o th 5 i degrees 4D mrnutes Z9 seconds E�s � a
distance of z9T.49 feet,
TH � NG'E Southeasterly, cost suing aloe � said sciut�we�#�rly� rigght-of-way line and along said cir�trlar `;curve
ri you h a centre! 'an ie of 4� d ree.'f 9 mi ales 43 seconds, fcx an art ten th o� 3Q4.5 feet
to tl�e ght, th g 9 eg � 9
to a ,point for corner,
TI-t I NCI+ South 34 de ees 'l�Q minutes 5T second � East continuing along said southwesterly right � way
gr �'
lens a drstance a� 4 .$4 feat t the beginning ❑[ a ctrcul� calve tti the c�ght, havii'E�. a radius of �94.D feat
whose chord beers South 18 agrees 34 rnirrutas 3� se � d� East, a distance of 138.44 feet;
F
Tt-I�NCE Southeasterly, cant ruing aloe said sout�weSt rl� right-Ux way line and along said circuiar,cu�ve
tot err ht throu h a central an ie of 1� de yeas � � rntr ut�s 45 seconds, for an arc length of 131.73 feet
� �� ' 9 � �
to a point for cUrryer;
Tl-t NCE South D� d ees �A rninutds 1 � seconds East c ntinuing along said :�4uthwesterty right _�f-way
line a drstance of 15�.• 15i f t tv a 518-inch sound tr4r1 ro with HUlTT �C�LLARS cap for the p rnt of
'r l• o the ri ht havin a` radio 45.DD feet and wht�se chord bears S� th 4Z
curvature of a cr cu fir curve 9 g � �
deg ees of minute 48 secvnd� 1�lfest, a distance � 63.�4 �e�t, being the north$rl end of s radial carnpr flip
r authwesterl + ht-al~wa lens a the n rttt rr ht-vi-wa tree a� Kirkwood Saulevar i� 31
bet ees sa d S y g Y rid . � s Y �
fool, wide rig>~rt-t�f-way}; E
. ��. J
TH�NC� 5outhweSterty, de actin said soutt}w�s�erl : rrgh�-oi aw y line, aloe said radio[ corner clip end
' 'r ul cony tv a ri �i throu h � centr�an id of D4 de reel ��rrrinutes 4D seconds, far, an
along soya ci c ar e y t, g g g �
fire length 4f 74.b9 Fee# tv a p irrt for corner; - � � - �
e
Tl-I � NGIw South �T degreaas 1 mintrtg 4� seconds IN�s ,departing Said radio! corner cli and al[rn� said
ri f-wa line disc ncs of 4.98 feet t a;11�-in�;h taund iron rod with "HURT Z�LtAF�S" cap far
ear ght-rs y , a Q ,
thQ oin# of curvature of a cir aloe curve td tits 1e,ft, havin � :fadius of 1,55D.5D feel and whose chord bears
Sau�th 74 degrees 57 rnir�utes 1 n seconds West, d �istance of fi53.23 feet* .
. - .' }
THENCE Southwesterly, cantirtuing along sdrd t�ortn right-c�-way lens and along said circulaP Gurve ,tc] the
left, throtlgh� a central angl0 �if �4 deyraes � g rntnufe� � B �aconds, for an a+� length v# fi58.1$ felt to a
11� ;inch found iron rod with th rarnains ❑f a cad �At' corn r;
- � -
�'1-I�NGL= South fi� degrees � minutes 33 seconds We t, pontinuing abng said north right-tif way jinn, a
first vt 73.fi9 feet tv the int olr curvature o� � circa ar curve tv the ri ht, having a radius of 9U. fee#
once 9 �? '-
and, whose chord bears Nart 7T degrees i � r�►rnu es ���s� � ❑nds West, a distance Qf i 15.SB feet, b�rng a
radrai corner clip between s id north right-vt wa lrn� are sand northeasterly right-af'^way 11ne af� _Slate
Hig�way 114; r
Ti-41rNCE Northwesterly, dep rung said earth riyht�� wad► ii �re, along said radial corner clip and along laid
circular curve to the right, the t.ryh a central angie a 8D d r es 1 � rrtinufes 14 seconds,'fflr an arc terigtlt of
1 �8.98 feet tv a 5!8-inch found iron rod with "HUIT ; �Qt. f�S"cap fa corner, � .
TH � NCE N�r�h 3T degrees 5 minutes 17 ; ecarr�s V�e��, � aparting said radial carnet cli+� and along laid
nor easterly right-ai-wa lin , a distance o1` 1 ��.2t� fed# eta ha point of curvature Qf a circular curva,to the
left Itavin a radius of 9�4.9 feet and whose GhUrd bee s North 43 degrees D1 minutes 3� seconds W$st,
a d+t•tancs 4f �D1.7D feat;
�' � � .
'I`H NCE Northwesterly, continuing along said nQr�heast l� right-Qf-way line and along said circular ct.trve
tv t ,re left, through a contest eels of 1 i degrees .5 mina e9 3D seconds, fflr an arc length of �D�.Q$ ecyt to
a p� i nt ft�r earner,
TH NEE North 43 de ees � rn'tnut8s D9 secal��s 1N� If, continuing slang said northeasterly right- ` -waY
� Qf
!in a distance Qf 54.73 feet t4 a found brass Texas �a a meet of Transport-at�n ntrrt +n ��c��t�
far hg paint of curvatur�t o� ai circular curve to the rI rat eirrg tangent to the preceding r�urs9]; hiving a �,
rod us a~t 1,41 �,39 feet and rasa chord bears N�rt 1 �de�rees 47 minutes 4Z seconds VVesi, a dr�tance
� � $g.fiD lost; �� �
TZ'l�b#�;E Northwesterly, con ruing along said ngrt�ea�t�rty_ right-Qf way line and along said circul�ur urge
to tea right, thrcr�t h a central n ie of fl7 degrees �� mir�4te� 54 :�ecands, far an arc length al' 189.T4 eel to
the PAINT 4E B�GINNING �N� CC3NTAINING $71,8�$ Sypare feast ar 2�.1517 acres 4i land, more r
es�. � .
i
• I r
Ba i3 c� F3earing i3 the Texa Coordinate Systel� NAU $�, forth Central �¢ne �424�}, based an City
of outhlakv e4detio mant�ments # i and 1 �� �oordrn�te� shown ors grid cvofdrnates, drstances �
sh wn are Sur�ace di+stances scale fat;tc�t is i.D�4�5548.�
� = I ;
f
i 1 � - �
f
...ter. ..•-.,..�,... ,... �..lY
�C31'Y�E�� DE�iC.�'i'IU�V -
NUW TI�rREFoR.F,, �NU�Y At.L MEN �I3Y 1'i-iES� i'RFSI�IVTS:
THAT, BRA Solana �lC, being the �olQ owners, dq hereby adapt th+� plat designating the hereinabove deszribed
property as tot 1R, 81pcic l3, MTP-1611►1 ADDlTIt}N Nth, 1, an additipn tv the City Uf Sputhtake, Tarrar►t County,
Texas, and t � dv hereby dedicat4 the rights of way, �alleys� parks] and easements shown thereon t� the publiE's
use unless otherwise noted.
This plstt dots nut ir1c.'rease the riurnbir of Iuis ox altar ter rcinpve �_�isiing dcCd r�stri�t:iuns or coo°ctl�Xit�, if auy, an die .
prupGxty.
This plat dacar iiut alter Ur rctnuve e�►-islin� �•ud rCst�-iCtit]nx ur t's�veAants, i.t auy, un Chks p�ruperty.
Nr'1'1'I�FS� rYzy hand in Suutl7l• ke; T:irr�rt� C�t?urrty, rTcxas this � day a� �.���� - _, ��l S.
. � I�Ti'r q D1'1�SS$ �� .
(T'�t-IE ��S}}T%AvT(tl? []��' `t'E.��A�}S`�
_Go�l,R L i �J�r •j �RRL11w 1
• Before me vn this day perSonalfy appeared Arian Driesse for BRE Saiana i_LC. known to mQ to be thQ persvn�w os4 nam4 iS
::' subscribed to the foregoing instrurne►�t and acknowledged tv me that they executed the same fur the purpose and consideration
therein expressed
••
fsi��en �i1]C�W 111y h�illi� �IIIC� : ea.t Uf U1�icus tltiis I ay of _ �Y� _ A.D. �4 t 5.
"s..w!•r.•`re :+.+�.�ul3.�:r.Kr7Ar-ti —�.. ----�'.+�.': wJ'.a.F• r
►t�r�:�. t]t.�r�:rt i�. �trirl{]i.Ci �
�F;! a
:° �,..'�-'��� . No=��fy �ut�ily. char$ f� Texa: I�IUta,�l �ibirc.11l�r�l
��'��; ��y �;rrrtr� �lssinn Ex��res
..
A�w1G�1�'lU�'� ��.�SE�1Eyr :ti`l� 1�:i.�AtiE .
s rATE or• rt�t�:�As
�ovNTx ol� •rARR,��vT '
KNQW Atnl MEH BY THESE P RESENTS:
I �..
'WHEREAS, BRE Solana l.l.C. hereinafter called "owners" are, the' owners of that ceri~ai�i� gayest .vf land. situated in of within the
extraterritaria# �urisdictifln of the City of 5outhtake, Tarrant, Texas being mart partictltarty described hereon for sit purposes:
a a
N��, Tl-IFREtio�.T�, in cunsidcratinrr* t�f tine sure un oN � and 0�1 UU �� I.UU� €�o�.LAR, tract ut1u� �nc�d and vrlluabla
curtsideratian, tl�e receipt �trrc�I sufficiency of whxuh is hc�ruby acls�c�wlecltett �rn�t eanfcssecl. Qurn�r�s} du�c:s} la�;reby waive,
rclea5e; ctt,itctairn, arad fure�►cr bold har•tnless the City u� Suulhl4i�e, Tzxr•ts, a rrrunicipal 4urporaiiun, I�urcirr�rt�tr t~:�tll "L'ity"
frc�rn tiny erred all t~:1ai3n.s fur �Iarr�a�e crf ar�y kind tlrat Qwlr�ur�s� nay navy cave or nta� l��:rwirr���s;r I�dve in tl�e Future by
reriscru of the t�4�ss�l�e of all aircraft �"aircraft" being dt;���cd fu�t the purposes of this rr�sixumurit as any cuntrivayic� trove
known ar hercir�rifter, inverrtcd, used, ur tlzsigned for ,ta��ib;�tiU>Q of otr fI}�rrt in ties yell] by whurnsUr�v�:r uv��rrrd seed
operate�t, is ihrs air space abav$ tl�e �]wr�.er's prnpt;rty, as hereon before described, Kunst above tl�a stu fact of Qv�lns:r's
' pry}per•ty such nai$ca, vrUratian, fumes, dust, fuel, and �uli�itar�t parti�;lcs, and au other effe<:ts that ,tray be tausGd by ihs
c�peratiun Uf aircraft I�rnaiz�� at Ur hiking a� learn, Ur upertttin� at or ou ihs Dallasr'Eurt l�arth Irrt4rridtiurzat Air�ort� ansi
C3wns;rs dv hcrs,•by hilly having rs.�rYriss, and rc;lea.se ar�y rigtrt ur c:ause of a+�tic�n which it may now lave ur wtrich tt rna�r is
the fiihrre have a �ainst the City, wh�;tltet' such clair>a be f`vr injury to ppursart car clarnale tv prnl�erty ails tv .no;sea, vihratrur3,
• � • ' • � • th u �r ff the n�a be Maus or ma have b,��n eaust�d u the
fun�ts, �ivat, fi►e�ar�d lubrrcai-� pa�•he.le., ar7d all � thu a uc.ts r# y _ cd Y Y
upi:ratipn of aircr��lft lrindin� at, nr takit�� UtT frUin, ur the t�peration artdlor ntrlint�;iianee 4f dirc;i-aft ur aircraft s;nt;tt�e at sir
can said Daflaslr4rt �Vur•th Iirtc�ri�atiurral Airpv•t. .
It is a •�cd that this release shall be binding �lpun the C3wner, their heirs anal txsSi�ns, aril st.rccesso� iA it�turc:�►t with rebard
to said ro crty ]oc��tt;d in ur in the extraterritorial jur•isdic�tion Qt the City of $uuCk�lak-c, �l"arra.xtt Cvurrty, running us�itb the
Iand, and shall be recorded in the �ccd Records of Tru-rat�t Qourriy, Texaa :rs t3ppt•t�priate,
E�E�'Uif�l] thi day of ��`irr��� . A.D. �i�I S.
. ' F
Q1�INER:
r r� Drles.s '
THE STATE OF '['ERAS
------ N�'Y 4F TAR -RAN'
Before tng on this day persanaity appeared Brian Driessp for BRE Solana I_�C, known ttr ire to be th$ person whose name i;
subscribed tp the foregoing instrument and acknowledged tv me that thQy executed tlr4�samQ fv�r the purpose and cvnSiderat'ron � .
therein expressed .
. � Given under my hr,aacl and sc� of fli'tir�s this ! ay of C-fx��v �, A:D. ''4 t �.
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��n�,� �, rrr�++pry ��1�, Stc:te � r:x+�� , I�It�tai�r c tbnaturt�
�.���+ pry f'�,rr+:[ti3�t?r �k�►1�e3 �
Lien Holder Acknowledgment
STATE OF
CQUNTY QF � _
iPllhQreas ST� 1NQQD PR�3PERT1� lV1r.�1�T�AQE, L.L,Q., a� t7elauv,�rQ limited liability Company, acting by and
thrau� t�e u dsrsigned, its dully authorised agent, is {are] the lien hclt�er{s} at the property describe�� heret�n, does
ado hereby�ratify al! dedications and prov+signs of this plat as Shown.
��
thorned gent Name
..-
STATE �F C� ct�.trr► r.u��
G4UC�TY QF 1r�ti+axs��7 � .
l�l FQRE ME, the undersigned authority, an thi9 day personalty appeared ����������
known tv me to be the persontsj whose names) is are} s�+bscribed tv the above and foregoing r�strumer�t, and
acknowledged to me that (helsh�Ithe�j executed the same for the Au{posed and consideration expressed and in
the capacity therein stated and as the act and deed of said ! stet=-t� �lr+ti3�1L►�.1 �t,:7Y�i�lvw3�# w
G1�IER V NDER M{Y HAND ANt] SEAL �1= QFF ICE an this theme � �y of :��t�r x.�v� � �D 9 �.
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Comm ss o rip � .� _�� ��; � �,
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Tt1� Prv�rrrly lied tivithin Zpr►v ")i" �� delineafe�i an the T�,rran� Cp�ritr. Tex,�s ar�d inca�pvratBd A[e�; food rnsur�r}G� Hate 1iAap,.
Panel Ne, �$43yC��K, dat�� �rrp�mt�er 2� �b�9, Federar :.mef9et}�Y M�t1a��m�rd A��ncY Map, ���tch make up 8 ��[# al' the
Natavn� t�ovd it+suranC� 11��#;��stlrratiart Report. Zone "7i" �, def+ned et "Areas cieterrx+++led to !�e ou�:�de a•Z artnuad cliar�ce
tloocipia+n". �
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U�"Ii,.1TY G�[]MP.�NY At'nRC,��A�.s � •
yVq, the und�;rsi�;ncd, � duly aulhuri�ed reprc��:i�iativ� of tlu rc,,�ec:tiero utilil� cun,��i►�, hereby exprt'ss nq ol��Qctio�l to the
al}alulci�ttt of !hC eas�tn�nt� sa twtud ou tills plat; skid c�la4m�'uts being pr�;tfi��u,�ty recorder! � 1Tol�l�x�c 38g-�! �, Pages �$ and G� _
❑� th.e I'1•al fiords of 'rarrani Cv�ulty,'I'txa� and CaUincsl 4, Page ZB>t is ltu t'1a! Rc�ard� Dcitton Cuwity, T�:x.�#, - .
. [ll�cur : � - • � , - 'f jri-Ca�laty �I�4ri� �uop�xutwi��� I�e�.
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-fhis is to c�rtil�y that I, I�U�A9 At, CA�HQU, ; � �agistered Prc�fess+on� Land Strnre � the State s,� Texaa, having .
platted the above subdl�►iSi4n from an actual survey Qn the ground; and that all tot ��orners, and angle points, and ptsints
. , of curve shall be property marked an the ground, and that this plat correctly represents that survey made by ms � under
my drrectron and supervr$ion. � - .
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APPR VET a� T�l� CITY CQUNCIt. - _ � �A�iN�T �� �A�� ��S I1� T.�-I�.. - �- � �.
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TEs�r.s � t�>� NQ � aQ��s�s
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