The URL can be used to link to this page

Home My WebLink AboutOrdinance - 2023-O0080 - Dura-Line, LLC Reinvestment Zone - 07/11/2023First Reading June 27, 2023 Item No. 7.13 ORDINANCE NO. 2023-00080 Second Reading July 11, 2023 Item No. 5.3 AN ORDINANCE DESIGNATING A REINVESTMENT ZONE WITHIN THE CITY O�' LUBBOCK AS AUTHORIZED BY CHAPTER 312 OF THE TEXAS TAX CODE; DESCRIBING THE BOUNDARIES OF SAID ZONE; DESCRIBING THE ELIGIBILITY OF SAID ZONE FOR COMMERCIAL-INDUSTRIAL TAX ABATEMENT; PROVIDING A SAVINGS CLAUSE; AND PROVIDING FOR PUBLICATION. WHEREAS, Chapter 312 of the Texas Tax Code authorizes the City Council of the City o Lubbock to designate a Reinvestment Zone for commercial-industrial tax abatement purposes; anc WHEREAS, the City of Lubbock has establishcd its intent to participate in tax abatement Resolution and has established guidelines and criteria for commercial-industrial tax abaterr within the City of Lubbock; and WHEREAS, the City Council of the City of Lubbock declared its intent to create a Reinvesl Zone by its adoption of Resolution No. 2023-R0315 on June 13, 2023, authorizing the Secretary to send a Notice of Intent to all taxing units levying taxes on the real property lo within the zone; and WHEREAS, the boundaries of the Reinvestment Zone were described in the Notice of attached to and madc a part of Resolution No. 2023-R0315; and WHEREAS, the City Council held a public hearing to consider the establishment of saic Reinvestment Zone which was conducted on June 27, 2023, prior to the adoption of this Ordinance and WHEI2EAS, the City Council found, at the conclusion of said hearing, that the improvemf sought for the property within the Reinvestment Lone are feasible, practical, and would benefit land; and WHEREAS, the City Council of the City of Lubbock has determined and finds that the rea property to be included in the Reinvestment Zone will be reasonably likely as a result of thf designation to contribute to the retention or expansion of primary employment and woulc contribute to the economic development of the City of Lubbock; and NOW THEREFORE; BE IT O1tDAINED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: SECTION 1: THAT by and under the authority of Chapter 312 of the Texas Tax Code, th� described and depicted real property in �xhibit 1 is located within the City of Lubbock, County o Lubbock, Texas, and is hereby designated as a Reinvestment Zone. The name of the Reinvestmen Zone is the Dura-Linc, LLC Reinvestment Zone A description and depiction of the area designated as the Reinvestment Zone is attached and is incorporated in this Ordinance as Fxhibit 1. SECTION 2. THAT the area of the Reinvestment Zone will be reasonably likely as a result o the designation to contribute to the retention or expansion of primary employment and wil contribute to the economic development of the City of Lubbock. SECTION 3. THAT should any paragraph, section, sentence, phrase, clause, or word of thi Ordinance be declared unconstitutional or invalid for any reason, the remainder of this Ordinanc� shall not be affected thereby. SECTION 4. THAT the City Secretary of the City of Lubbock is hereby authorized and direc to cause publication of the descriptive caption of this Ordinance as an alternative method provi by law. AND IT IS SO ORDERED. Passed by the City Council on first reading on June 27, 2023 Passed by the City Council on second reading on July 11, 2023 TRAY PAYN . MAYOR - 1---�-----T ATTEST: Courtney Paz, City APPROVED AS TO CONTN;NT: D. Kost lich, Chie '• 1 Officer APPROVED AS TO FORM: r ".`' clli Leisure, � enior Assistant City Attorney Ccdocs:llDura-Line RZ Ordinance 06.20.23 LAND SURVEYORS CIVIL ENGINEERS HUGO REED AND ASSOCIATES, INC. 1801 AVENUE N I LUBBOCK, TEXAS 79401 I 808/789-6842 / FAX 8081783-3891 TEXAS REGISTERED ENGINEERING FIRM F-780 TEXAS LICENSED SURVEYING FIRM 100676-00 METES AND BOUNDS DESCRIPTION of Lot 15, Lubbock Business Park, an addition to the City of Lubbock, Lubbock County, Texas, and an unplatted 3.013 acre tract located in Section 7, Block A, Lubbock County, Texas, all being further described as follows: BEGINNING at a 1/2" iron rod with cap marked "HRA" found in the South right-of-way line of Lubbock Business Park Boulevard as dedicated by plat recorded under County Clerk File Number (CCFN) 2009039502 of the Official Public Records of Lubbock County, Texas (OPRLCT), at the most Westerly Northwest corner of Lot 15, Lubbock Business Park, an addition to the City of Lubbock, Lubbock County, Texas, according to the map, plat, and/or dedication deed thereof recorded under CCFN 2020047148, OPRLCT, and this tract which bears N. 88°31'36" W. a distance of 2407.58 feet and N. 01 °28'24" E. a distance of 2375.46 feet from the Southeast corner of Section 7, Block A, Lubbock County, Texas; THENCE N. 46°28'24" E., along the South right-of-way line of said Lubbock Business Park Boulevard, and the Northern boundary of said Lot 15, a distance of 73.66 feet to a"crow's fooY' found at the most Northerly Northwest corner of said Lot 15 and this tract; THENCE N. 87°39'33" E., continuing along said South right-of-way line, and the Northern boundary of said Lot 15, a distance of 59.85 feet to a 1/2" iron rod with red cap found at a corner of said Lot 15 and this tract; THENCE S. 88°31'36" E., continuing along said South right-of-way line, and the Northern boundary of said Lot 15, a distance of 471.62 feet to a 1/2" iron rod with cap marked "HRA" found in the West right of way line of North King Avenue as dedicated by plat recorded under CCFN 2018038962, OPRLCT and street dedication deed recorded under CCFN 202047150, OPRLCT at a corner of said Lot 15 and this tract; THENCE S. 83°07'13" E., continuing along said West right-of-way line, and the Northern boundary of said Lot 15, a distance of 55.48 feet to a 1/2" iron rod with cap marked "HRA" found at the most Northerly Northeast corner of said Lot 15 and this tract; THENCE S. 38°28'S9" E., along the West right-of-way line of said North King Avenue and the Northern boundary of said Lot 15, a distance of 71.67 feet to a 1/2" iron rod with cap marked "HRA" found at the most Easterly Northeast corner of said Lot 15 and this tract; THENCE S. 06°09'15" W., continuing along said West right-of-way line and the Eastern boundary of said Lot 15, a distance of 97.39 feet to a 1/2" iron rod with cap marked "HRA" found at a point of curvature; THENCE Southwesterly, continuing along said West right-of-way line and the Eastern boundary of said Lot 15, along a curve to the left, said curve having a radius of 330.00 feet, a central angle of 04°40'S1", a chord distance of 26.95 feet and a chord bearing of S. 03°48'S0" W. to a 1/2" iron rod with cap marked "HRA" found at a point of tangency; THENCE S. 01 °28'24" W., continuing along said West right-of-way line and the Eastern boundary of said Lot 15, at 714.84 feet pass a 1/2" iron rod with cap marked "HRA" found at the Southwest corner of said North King Avenue and the Southeast corner of said Lot 15, continuing for a total distance of 907.94 feet to a 1/2" iron rod with cap marked "6453" found at the Southeast corner of this tract; THENCE N. 88°31'36" W. a distance of 679.60 feet to a 1/2" iron rod with cap marked "6453" found in the East right-of-way line of North Ivory Avenue as dedicated by plat recorded under CCFN 2021011704, OPRLCT, at the Page 1 of 2 Southwest corner of this tract; THENCE N. 01°28'24" E., along the East right-of-way line of said North Ivory Avenue, at 193.10 feet pass a 1/2" iron rod with cap marked "HRA" found at the Southwest corner of said Lot 15, continuing along the East right-of- way line of said North Ivory Avenue and the Western boundary of said Lot 15, for a total distance of 976.03 feet to a 1/2" iron rod with cap marked "HRA" found at a corner of said Lot 15 and this tract; THENCE N. 05°16'06" E., continuing along the East right-of-way line of said North Ivory Avenue and the Western boundary of said Lot 15, a distance of 60.13 feet to the Point of Beginning. Contains 16.978 acres. Bearings relative to Grid North, Texas Coordinate System of 1983, North-Central Zone, (2011, epoch 2010.0). Surveyed on the ground, March 21, 2023 . . Cyril H. Turner Registered Professional Land Surveyor No. 6460 State of Texas / �P'��G��T fR�F�4 �: e- '�' o:�P ........................... CYRIL HOWARD TURNER ........................... :��, saso �:� 7< . �P. ( \��9�tiFESS��•'l�rl Page 2 of 2 � M N � M ' 1 � p O� � �33� � 1� � � � N i 4� � � � � > _ ._ � � � � - � � � � 0 ' I � C N � c a� E � � � �