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HomeMy WebLinkAboutRes 08-18 Designating a Neighborhood Empowerment Zone for Deloitte UniversityTOWN OF WESTLAKE NO. 08-18 DESIGNATING A NEIGHBORHOOD EMPOWERMENT ZONE IN THE TOWN OF WESTLAKE, TARRANT AND DENTON COUNTIES, TEXAS; PROVIDING AN EFFECTIVE DATE; AND PROVIDING A SEVERABILITY CLAUSE. WHEREAS, the Board of Aldermen (`Board") of the Town of Westlake, Texas, ("Town"), desires to promote and increase economic development in the Town, and the property described herein, pursuant to Chapter 378 of the Texas Local Government Code; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE TOWN OF WESTLAKE, TEXAS: SECTION 1: That the facts and recitations contained in the preamble of this resolution are hereby found and declared to be true and correct and are incorporated herein in their entirety. SECTION 2: That the Board of the Town hereby finds and determines that: (a) That the creation of a Neighborhood Empowerment Zone ("Zone") would promote an increase in economic development in the Zone; (b) The property to be contained within the Zone is described in attached Exhibit "A" and incorporated herein in its entirety; (c) That the creation of the Zone benefits and is for the public purpose of increasing public health, safety and welfare of the persons in the Town, and the creation of the Zone satisfies the requirements of Section 312.202 of the Texas Tax Code. SECTION 3: That pursuant to Chapter 378 of the Texas Local Government Code, the Town hereby creates the Zone in the earlier described Exhibit "A", attached hereto and incorporated herein. SECTION 4: That the Zone shall take effect on the 24h day of March, 2008. SECTION 5: If any portion of this Resolution shall, for any reason, be declared invalid by any court of competent jurisdiction, such invalidity shall not affect the remaining provisions hereof and the Board hereby determines that it would have adopted this Resolution without the invalid provision. PASSED AND APPROVED ON THIS 24"" DAY OF MARCH 2008. ATTEST: j r Sutter, TRMC, Town Secretary APPROVED AS TO FORM: S Lowry, o tto ey m, W10A Scott Bradley', . 1 EXHIBIT "A° RESO NO. 08-18 LEGAL DESCRIPTION PROPOSED REINVESTMENT ZONE BEING a tract of land situated in the Jesse Gibson Survey, Abstract Number 592, the G. Hendricks Survey, Abstract Number 680, and the Jesse Sutton Abstract No. 1451 and the Chas Medlin Survey, Abstract Number 1958, Tarrant County, Texas, and being situated in the Jesse Sutton Abstract No. 1154 Denton County Texas and being a portion of that certain tract of land (Tract 2) as described by deed to AIL Investment, L.P., as recorded in Volume 13275, Page 542, County Records, Tarrant County, Texas, and a portion of those tracts of land (tracts 1 &. 2) as described by deed to AIL Investment, L.P., as recorded in Volume 13883, Page 335, County Records, Tarrant County, Texas, and a portion of that certain tract of land described by deed to Lakeway Land, Ltd., as recorded in Volume 13978, Page 222, County records, Tarrant County, Texas, and being more particularly described by metes and bounds as follows: BEGINNING at a point in the north line of proposed Roanoke -Dove Road where it intersects the west line of said AIL Investment tract (Volume 13883, Page 335 tract 2); THENCE N 00008' 56"W, 664.08 feet; THENCE 589059'38"W, 23.21 feet; THENCE N 00004'20"E, 200.04 feet; THENCE S 89°47'29"W, 391.05 feet; THENCE N 00°09'35"W, 461.81 feet; THENCE N 00°02'25"W, 818.71 feet; THENCE N 43°12'43"E, 127.27 feet to the beginning of a curve to the left; THENCE 320.00 feet along the arc of said curve, through a central angle of 37°20'29", whose radius is 491.00 feet, the long chord of which bears N44° 49'54"E, 314.37 feet; THENCE N 26009'38"E, 100.00 feet to the beginning of a curve to the right; THENCE 124.87 feet along the are of said curve, through a central angle of 12°54'51", whose radius is 554.00 feet, the long chord of which bears N32°37'03"E, 124.60 feet; THENCE N 39°04'28"E, 195.82 feet; THENCE N 49°47'43"W, 121.24 feet to the beginning of a curve to the right; THENCE 551.83 feet along the are of said curve, through a central angle of 27°15'27", whose radius is 1159.96 feet, the long chord of which bears N32°50' 11 "W, 546.64 feet; C&B Job No. 015007.102 ACF #2359 AGS March 18, 20108 jljobl0150071021surlwplleglreinvestmet Page 1 of THENCE N 00°41'56"W, 1439.38 feet; THENCE S 75035'35"E, 821.08 feet to the beginning of a curve to the right; THENCE 371.00 feet along the are of said curve, through a central angle of 48"l 8'39", whose radius is 440.00 feet, the long chord of which bears S51°26' 16"E, 360.11 feet; THENCE S 27016'56"E, 214.64 feet to the beginning of a curve to the left; THENCE 880.40 feet along the arc of said curve, through a central angle of 90°04'39", whose radius is 560.00 feet, the long chord of which bears S72°19'1 5"E, 792.49 feet; THENCE N 62038'25"E, 197.55 feet to the beginning of a curve to the left; THENCE 1075.06 feet along the arc of said curve, through a central angle of 54°23'23", whose radius is 1132.50 feet, the long chord of which bears S59°20'00"E, 1035.15 feet; THENCE S 86°31'42"E, 199.20 feet to the beginning of a curve to the left; THENCE 554.97 feet along the are of said curve, through a central angle of 15°16'08", whose radius is 2082.50 feet, the long chord of which bears N85°50' 14"E, 553.33 feet; THENCE N 78012'10"E, 800.32 feet; THENCE S 09°34'05"E, 89293 feet; THENCE S 16042'32"W, 1518.12 feet; THENCE S 00°53'35"E, 573.79 feet; THENCE S 11 "28'06"E, 564.14 feet; THENCE S 70°37'22"W, 349.16 feet to the beginning of a curve to the right; THENCE 253.38 feet along the are of said curve, through a central angle of 19°21'24", whose radius is 750.00 feet, the long chord of which bears S80018'04"W, 252.18 feet; THENCE S 89°58'46"W, 1261.17 feet; THENCE 89000'39"W, 1253.71 feet; THENCE S 87042'32"W, 718.15 feet; THENCE S 88°40'26"W, 272.28 feet to the POINT OF BEGINNING and containing 387.95 acres of land, more or less. C&B Job No. 015007.102 ACF #2359 A GS March 18, 2008 jljob10150071021surlwplleglreinvestmet Page 2 of THIS LEGAL DESCRIPTION IS FOR CONTRACT PURPOSES ONLY AND SHOULD NOT BE USED FOR THE CONVEYANCE OF REAL PROPERTY. C&B Job No. 0 15 007.102 ACF #2359 ACS March 18, 2008 jjob10150071021surlwplleglreinvestrnet Page 3 of 3