0682-A
ORDINANCE NO. 682-A
AN ORDINANCE amending Ordinance 682 expanding Tax
Increment Reinvestment Zone Number One from 256
acres to 408 acres; making certain findings and
determinations in relation to such reinvestment
zone and resolving other matters incident and
related thereto.
WHEREAS, the City Council of the City of Southlake, Texas (the
"City"), passed Ordinance 682 creating a Reinvestment Zone as
authorized by the Tax Increment Financing Act, V.T.C.A., Tax Code,
Chapter 311 (the "Act")on September 23, 1997; and
WHEREAS, in compliance with the Act, a public hearing on the
expansion of the proposed reinvestment zone and its benefits to the
City and the property in the proposed zone was held on December 2,
1997, during the regular meeting of the Council scheduled to begin
at 7:00 o'clock P.M. in the City Council Chambers of the City Hall,
667 North Carroll Avenue, Southlake, Texas; and
WHEREAS, notice of the December 2. 1997 public hearing was
duly published in the Fort Worth Star Telegram
a newspaper
having general circulation in the City, in its issue dated
and
WHEREAS, on December 2, 1997, a public hearing on the
expansion of the reinvestment zone was held at the time and place
noted in the aforesaid notice, and all interested persons, or their
attorneys, were invited to speak for or against the expansion of
the reinvestment zone, the boundaries of the proposed reinvestment
zone as described in Exhibit B attached hereto and depicted in the
map attached hereto as Exhibit C;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF SOUTHLAKE, TEXAS:
SECTION 1: The facts and recitations contained in the
preamble of this ordinance are hereby found and declared to be true
and correct.
0444366
SECTION 2: The City Council, after conducting such hearing
and having heard such evidence and testimony, has made the
following findings and determinations based on the evidence and
testimony presented to it:
(a) The public hearing on expansion of the
reinvestment zone has been properly called, held and
conducted and notice of such hearing has been published
as required by law.
(b) The expansion of the proposed zone with
boundaries as described in Exhibits "B" and "C" will
result in benefits to the City, its residents and
property owners, in general, and to the property,
residents and property owners in the reinvestment zone.
(c) The reinvestment zone, as defined in Exhibits
"B" and "C", meets the criteria for the creation of a
reinvestment zone as set forth in the Act in that:
(1) It is a contiguous geographic area
located wholly within the corporate limits of
the City.
(2) The area is predominately open and
because of obsolete platting or deterioration
of structures or site improvements,
substantially impairs or arrests the sound
growth of the City.
(3) The area within the reinvestment
zone substantially impairs or arrests the
sound growth of the City; and has
deterioration of site or other improvements.
(d) Ten (10) percent or less of the property in the
proposed reinvestment zone, excluding property dedicated
to public use, is used for residential purposes, which is
defined in the Act as any property occupied by a house
which has less than five living units.
(e) The total appraised value of all taxable real
0444266 -2-
property in the proposed reinvestment zone according to
the most recent appraisal rolls of the City, together
with the total appraised value of taxable real property
in all other existing reinvestment zones within the City,
if any, according to the most recent appraisal rolls of
the City, does not exceed fifteen (15) percent of the
current total appraised value of taxable real property in
the City and in the industrial districts created by the
City, if any.
(f) The proposed reinvestment zone does not contain
more than fifteen (15) percent of the total appraised
value of real property taxable by a county or school
district.
(g) The improvements in the reinvestment zone will
significantly enhance the value of all the taxable real
property in the reinvestment zone and will be of general
benefit to the City.
(h) The development or redevelopment of the
property in the proposed reinvestment zone will not occur
solely through private investment in the reasonably
foreseeable future.
SECTION 3: The City hereby expands Tax Increment Reinvestment
Zone Number One to include the 408 acres described by the metes and
bounds in Exhibit "B" attached hereto and depicted in the map
attached hereto as Exhibit "C".
SECTION 4: If any section, paragraph, clause or provision of
this ordinance shall for any reason be held to be invalid or
unenforceable, the invalidity or unenforceability of such section,
paragraph, clause or provision shall not affect any of the
remaining provisions of this Ordinance.
SECTION 5: It is officially found, determined, and declared
that the meeting at which this Ordinance is adopted was open to the
public and public notice of the time, place, and subject matter of
the public business to be considered at such meeting, including
this Ordinance, was given, all as required by V.T.C.A., Government
Code, Chapter 551, as amended.
0444366 -3-
SECTION 6: This Ordinance shall take effect and be in force
immediately from and after its passage on the date shown below.
PASSED ON FIRST READING, November 18, 1997.
PASSED ON SECOND READING AND ADOPTED, this 2nd day of
December, 1997.
CITY OF SOUTHLAKE, TEXAS
May &r
ATTEST:
City `JMK#t ary
OF SOV
Sea~•-, APPROVED AS TO LEGALITY:
V
:ME
City Attorney
0444266 -4-
Exhibit `B'
Beginning at the intersection of the south right-of-way line of F.M. 1709 (Southlake Boulevard)
and the projection of the west right-of-way line of Carroll Avenue (said right-of-way being either
the existing or what becomes future right-of-way after future right-of-way acquisition).
THENCE NORTH, along the west right-of-way of Carroll Avenue (said right-of-way being
either the existing or what becomes future right-of-way after future right-ol=way
acquisition) to the intersection of the said west right-of-way line of Carroll
Avenue and the south right-of-way of State Highway 114 (Northwest Parkway)
(said right-of-way being either the existing or what becomes future right-of-way
after future right-of-way acquisition);
THENCE NORTH, along the west right-of-way of the intersection of State Highway 114
(Northwest Parkway) and Carroll Avenue (said right-of-way being the west right-
of-way after right-of-way acquisition is complete for the construction of State
Highway 114 improvements) to the intersection of the north right-of-way of State
Highway 114 (said right-of-way being either the existing or what becomes future
right-of-way after future right-of-way acquisition), and the west right-of-way of
Carroll Avenue (said right-of-way being either the existing or what becomes
future right-of-way after future right-of-way acquisition);
THENCE EAST, along the north right-of-way of State Highway 114 (Northwest Parkway)
(said right-of-way being either the existing or what becomes future right-of-way
after future right-of-way acquisition) continuing to the intersection of the east
right-of-way line of Kimball Avenue (said right-of-way being either the existing
or what becomes future right-of-way after future right-of=way acquisition);
THENCE SOUTH, along the east right-of-way of State Highway 114 (Northwest Parkway)
(said right-of-way being the east right-of-way after right-of-way acquisition is
complete for the construction of State Highway 114 improvements) to the
intersection of the south right-of-way of State Highway 114 (said right-of-way
being either the existing or what becomes future right-of-way after future right-of-
way acquisition), and the east right-of-way of Kimball Avenue (said right-of-way
being either the existing or what becomes future right-of-way after future right-of-
way acquisition);
THENCE SOUTH, continuing along the east right-of-way of Kimball Avenue (said right-of-
way being either the existing or what becomes future right-of-way after future
right-of-way acquisition) to the intersection of the south right-of-way of Crooked
Lane and the said east right-of-way of Kimball Avenue;
THENCE continuing in a southeasterly direction in a curve to the left along the east right-of-
way of Kimball Avenue (said right-of-way being either the existing or what
becomes future right-of-way after future right-of-way acquisition) to the
intersection of the east right-of-way of Kimball Avenue and the west property line
of Tract 1 of the C.B. McDonald Survey (Abstract 1013);
THENCE NORTH, along the west property line of said Tract 1 to the intersection of the
west line of Tract 1 and the southeast corner of Tract 3 of the C.B. McDonald
Survey (Abstract 1013);
THENCE WEST, along the south property line of said Tract 3 to the southwest corner of
said Tract 3;
TI 1FNCF NORTI 1, along the west property line of said Tract 3 to the southeast corner of
said 'tract 3133;
THENCE WEST, along the south property line of said Tract 3B3 to the southwest corner of
said Tract 3B3;
THENCE NORTH, along the west property line of said Tract 3B3 to the northwest corner of
said Tract 3B3;
TI IENCE EAST, along the north property line of said Tract 3B3 to the northwest corner of
said Tract 3;
THENCE EAST, along the north property line of said Tract 3 to the northwest corner of said
Tract 1;
Tl II',NC'I, FAST, along the north properly line of'said "tract I to the northeast corner ofsaid
tract 1, said point being in the city limit line of the City of Southlake;
THENCE SOUTH, along the said east property line of Tract I to a point being in the city
limit line of the City of Southlake and being in the north right-of-way line of
South Kimball Avenue (said right-of-way being either the existing or what
becomes future right-of-way after future right-of-way acquisition);
THENCE continuing in a southeasterly direction in a curve to the right along the north right-
of-way of South Kimball Avenue (said right-of-way being either the existing or
what becomes future right-of-way after future right-of-way acquisition) to the
intersection of the east right-of-way of South Kimball Avenue and the south
property line of Heritage Industrial Park, said point also being in the city limit line
of the City of Southlake;
THENCE SOUTH, along the south property line of said Heritage Industrial Park to the
intersection of the south line of Heritage Industrial Park and the, south right-of-
way line of South Kimball Avenue;
THENCE continuing in a northwesterly direction in a curve to the left along the west right-
of-way of Kimball Avenue (said right-of-way being either the existing or what
becomes future right-of-way after future right-of-way acquisition) to a point in the
east property line of Tract 1 of the C.B. McDonald Survey (Abstract 1013);
THENCE SOUTH, along the said east property line of Tract 1 to the southeast corner of said
Tract 1, said point being in the city limit line of the City of Southlake;
THENCE continuing in a southwesterly direction along the south line of said Tract I to the
southeast corner of Tract 1, said point being in the city limit line of the City of
Southlake;
THENCE NORTH, along the said west property line of Tract 1 to a point in the east
property line of Green Meadow Addition and the south right-of-way line of South
Kimball Avenue (said right-of-way being either the existing or what becomes
future right-of-way after future right-of-way acquisition);
THENCE continuing in a northwesterly direction in a curve to the left along the right-of=
way of Kimball Avenue (said right-of-way being either the existing or what
becomes future right-of-way after future right-of-way acquisition) to the
intersection of the west right-of-way of Kimball Avenue and the south right-of-
way of Crooked Lane and the said east right-of-way of Kimball Avenue;
THENCE NORTH, along the west right-of-way of Kimball Avenue to the southeast corner
of Tract 3A of the John A. Freeman Survey (Abstract 529);
THENCE WEST, along the south property line of said Tract 3A to the southwest corner of
said Tract 3A;
THENCE NORTH, along the said west property line of Tract 3A to the southwest corner of
Tract 1 of the John A. Freeman Survey (Abstract 529);
THENCE NORTII, along the said west property line of Tract 1 to the southwest corner of
Tract 1 B of the John A. Freeman Survey (Abstract 529);
THENCE NORTH, along the said west property line of Tract I B to the southwest corner of
Tract 1 C of the John A. Freeman Survey (Abstract 529);
THENCE NORTH, along the said west property line of Tract 1 C to the northwest corner of
Tract I C of the John A. Freeman Survey (Abstract 529);
TI IENCE EAST, along the said north property line of Tract I C to the northeast corner of
Tract 1 C of the John A. Freeman Survey (Abstract 529), said point being in the
west right-of-way of South Kimball Avenue;
THENCE NORTH, along the said west right-of-way line of South Kimball Avenue to the
intersection of the west right-of-way of South Kimball Avenue hnd the south
right-of-way of F.M. 1709 (Southlake Boulevard);
THENCE WEST, along the south right-of-way of F.M. 1709 (Southlake Boulevard) to the
projection of' the intersection of the west righl-of=way of Carroll Avenue (said
right-of-way being either the existing or what becomes future right-of-way after
future right-of-way acquisition) and south right-of-way of F.M.'1709 (Southlake
Boulevard);
TT II:NCIi SOUTI1, along the cast right-of=way ol'South Carroll Avenue to the intersection
of the east right-of-way ol'Carroll Avenue (said right-of=way being either the
existing or what becomes future right-of-way after future right-of-way
acquisition) and the north right-of-way of East Continental Boulevard;
THENCE SOUTH, across East Continental Boulevard to the intersection of the south right-
of-way line of East Continental Boulvard and the east right-of-way of Brumlow
Avenue;
THENCE SOUTH, along the east right-of-way line of Brumlow Avenue to the intersection
of the east right-of-way line of Brumlow Avenue and the south line of the
Brumlow Industrial Addition, said point also being in the city limit line of the
City of Southlake;
THENCE SOUTH, along the south property line of said Brumlow Industrial Addition to the
intersection of the south line of said Brumlow Industrial Addition and the west
right-of-way line of Brumlow Avenue;
THENCE NORTH, along the west right-of-way line Brumlow Avenue to the intersection of
the west right-of-way line of Brumlow Avenue and the south right-of-way line of
East Continental Avenue;
THENCE WEST, along the south line of East Continental Avenue to the intersection of the
west right-of-way line of South Carroll Avenue and the south right-of-way line of
East Continental Avenue;
THENCE NORTH, along the west right-of-way line South Carroll Avenue to the
intersection of the west right-of-way line of South Carroll Avenue and the south
right-of-way of F.M. 1709 (Southlake Boulevard);
THENCE WEST, along the south right-of-way of F.M. 1709 (Southlake Boulevard) to the
projection of the intersection of the west right-of-way of Carroll Avenue (said
right-of-way being either the existing or what becomes future right-of=way after
future right-of-way acquisition) and south right-of-way of F.M. 1709 (Southlake
Boulevard) to the POINT OF BEGINNING, containing 408 acres, more or less.
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11/24/97
EXHIBIT 'C'
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rtU. I.U. NO. L2-;i14tfL54
Star-Telegram AD ORDER NO. 12119214
t/
400 W.SEVENTH STREET•FORT WORTH,TEXAS 76102 ACCOUNT NO. C I T 5 7
THE STATE OF TEXAS
unty of Tarrant
Before me, a Notary Public in and for said County and State, this day
personally appeared TAMMIE BRYANT Billing Specialist for the
Star-Telegram, published by the Star-Telegram Inc. at Fort Worth, in Tarrant County, Texas; and
who, after being duly sworn, did depose and say that the following clipping of an advertisement was
published in the above named paper on the following dates:
1 DATE I AD ORDER NO. DESCRIPTION AD SIZE TOTAL INCH/LINE RATE AMOUNT
12/05ME 12119214' ORDINANCE NO . 68 I358 1x 24L 24 . 79 18 . 96
ORDINANCE NO.682-A • 12/0 5-12/0 5
AN ORDINANCE amending Or-
dinance 682 expanding Tax
Increment Reinvestment
Zone Number One from 256
acres to 408 acres; making
certain findings and determi-
nations in relation to such re-
investment zone and resolv-
ing other matters incident
and related thereto.
PASSED AND APPROVED
THIS THE 2ND DAY OF DE-
CEMBER 1997, DURING
THE REGULAR CITY COUN-
CIL MEETING OF THE CITY
OF SOUTHLAKE,TEXAS
MAYOR RICK STACY
ATTEST:
SANDRA L.LEGRAND,
-
CITY SECRETARY
APPROVED AS TO FORM:
E.ALLEN TAYLOR,JR.,
CITY ATTORNEY
SIG
SUBSCRIBED AND SWORN TO BEFOR M THIS THE 23rd DAY OF
1
1l
3' RHONOA R. COKE
Notary Public
?`,�►I •f COMMISSION MIRES
SEPTEMBER 8, 1999
��o •••• t- TARRANT COUNTY,TEXAS
PLEASE PAY THIS ORIGINAL INVOICE AND RECONCILE WITH MONTHLY STATEMENT. THANK YOU!
TEAR ALONG THIS PERFORATION AND RETURN THE LOWER PORTION WITH YOUR PAYMENT
OFFICE OF
Star-'FelegrarnCITY SECRETARY REMIT TO: 400 W.SEVENTH ST. •FORT WORTH.TEXAS 76102
AC
12119214
NUMBERT C I T 5 7 A DUENT 18 . 96
PAGE OFr IF ANY QUESTIONS, PLEASE CALL(817)390-7885
CITY OF SOUTHLAKE
667 N CARROLL AVE PLEASE PAY
SOUTHLAKE , TX 76092-9595 THIS AMOUNT 18 . 96
PLEASE WRITE IN AMOUNT ENCLOSED
I-EU. I.U. NO. 22-:314b2b4
Star-TelegramAD ORDER NO. 12055899
400 W.SEVENTH STREET•FORT WORTH,TEXAS 76102 ACCOUNT NO. C I T 57
Tt 'E STATE OF TEXAS
unty of Tarrant
Before me, a Notary Public in and for said County and State, this day
personally appeared TAMMIE BRYANT Billing Specialist for the
Star-Telegram, published by the Star-Telegram Inc. at Fort Worth, in Tarrant County, Texas; and
who, after being duly sworn, did depose and say that the following clipping of an advertisement was
published in the above named paper on the following dates:
r DATE AD ORDER NO. DESCRIPTION AD SIZE TOTAL RATE AMOUNT
INCH/LINE
11/21ME 1205589° NOTICE OF PUBLIC I358 1x 38L 38 . 79 30 . 02
NOTICE HEAOFRING PUBLIC 11/21-11/21
NOTICE IS HEREBY GIVEN to I
all interested pesons that
the City Council of the City of
Southlake, Texas, will be - - _--- -
holding a public hearing dur-
ing the Regular City Council
Meeting to be held on De-
cember 2, 1997 at 6:00 '
p.m. in the City Council ---
Chambers of the City Hall,
667 North Carroll Avenue,
Southlake,Texas.
--- Purpose of the hearing is to ---------- —
consider the seocnd reading
of the followingg o�rdinance.
CITY OF SOUTHLAKE.
TEXAS
ORDINANCE NO.682-A
AN ORDINANCE DESIGNAT-
ING A CONTIGUOUS GEO-
GRAPHIC AREA IN SOUTH-
LAKE AS REINVESTMENT
ZDF ONE NUMERSOU HBLAK ,O 1 EXAS; S I
CREATING A BOARD OF DI-
RECTORS FOR SUCH ZONE
MAKING CERTAIN FINDINGS`
St RE LATIONETOINATIOHNREIN- SWORN TO BEFORE ME, THIS THE 2 4 t h DAY OF NOVEMBER 1997
VESTMENT ZONE AND RE-
SOLVING INCIDE T OTHER
AND RELATEDRS �RV,P�ash "P
CityySRSoethlake =� Notary Public �-C�. ���----666���
/s/Sandra L.LeGrand, 1'. '`t•i COMMISSION EXPIRES
City Secretary y!�.. '
41F•....,.;;, SEPTEMBER 8, 1999 TARRANT COUNTY,TEXAS
PLEASE PAY THIS ORIGINAL INVOICE AND RECONCILE WITH MONTHLY STATEMENT. THANK YOU!
L----TEAR ALONG THIS PERFORATION AND RETURN THE LOWER PORTION WITH YOUR PAYMENT—
taade ram
REMIT TO: 400 W.SEVENTH ST. •FORT WORTH,TEXAS 76102
Ci 0 li '�"�i.kk-- •• •, . ACCOUNT AMOUNT
12055899 NUMBER CIT57 DUE 30 . 02
PAGE1 OF IF ANY QUESTIONS, PLEASE CALL(817)390-7885
CITY OF SOUTHLAKE
667 N CARROLL AVE PLEASE PAY1
SOUTHLAKE, TX 76092-9595 THIS AMOUNT 30 . 02
PLEASE WRITE IN AMOUNT ENCLOSED