G-05-09-22-13D1 - 9/22/2005ORDINANCE NO. 05- O - Z 3 D
AN ORDINANCE DESIGNATING A 20.94 ACRE TRACT OF LAND,
BEING ALL OF LOT 1, BLOCK A, "FINAL PLAT OF EAST
CHANDLER RETAIL CENTER", A PROPOSED SUBDIVISION IN
ROUND ROCK, WILLIAMSON COUNTY, TEXAS, AS
REINVESTMENT ZONE NO. 23 (IKEA) FOR
COMMERCIAL/INDUSTRIAL TAX ABATEMENT, CITY OF ROUND
ROCK, TEXAS, ESTABLISHING THE BOUNDARIES THEREOF AND
OTHER MATTERS RELATING THERETO.
WHEREAS, the City Council of the City of Round Rock, Texas
(the "City"),desires to promote the development or redevelopment
of a certaincontiguous geographic area within its jurisdiction by
the creation of a reinvestment zone for commercial/industrial tax
abatement, as authorized by Chapter 312, Tax Code, V.A.T.S. (the
"Code"); and
WHEREAS, the City Council called a public hearing for 7:00
P.M. on the 22nd day of September, 2005, to consider establishment
of a reinvestment zone, such date being seven (7) days after the
date of publication of the notice of such public hearing and the
notification of other taxing jurisdictions as required by the Code;
and
WHEREAS, the City at such hearing invited any interested
persons to appear and contend for or against the creation of the
reinvestment zone, the boundaries of the proposed reinvestment
zone, whether all or part of the territory described in the
Ordinance calling such hearing should be included in such proposed
reinvestment zone, the concept of tax abatement; and
WHEREAS, the proponents of the reinvestment zone offered
evidence, both oral and documentary, in favor of all of the
foregoing matters relating to the creation of the reinvestment
@PFDesktop\::ODMA/WORLDOX/0:/WDOX/ORDINANC/050922D1.WPD/sls
zone, and no opponents of the reinvestment zone appeared to contest
creation of the reinvestment zone; Now Therefore
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ROUND
ROCK, TEXAS, THAT:
I.
The - facts and recitations contained in the preamble of this
Ordinance are hereby found and declared to be true and correct.
II.
The. City Council, after conducting such hearings and having
heard such evidence and testimony,has made the following findings
and determinations based on the testimony presented to it:
(a) That a public hearing on the adoption of the reinvestment
zone has been properly called, held, and conducted and
that notices of such hearing have been published as
required by law and mailed to all taxing units
overlapping the territory inside the proposed
reinvestment zone;
(b) That the boundaries of the reinvestment zone should be
the area as described in Exhibit A;
(c) That creation of the reinvestment zone for
commercial/industrial tax abatement with boundaries as
described above will result in benefits to the City and
to the land included in the zone and the improvements
sought are feasible and practical;
(d) That the reinvestment zone as defined above meets the
criteria for the creation of a reinvestment zone as set
forth in Section 312.202 of the 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 the reinvestment zone as defined above meets the
criteria for the creation of a reinvestment zone as set
forth in the City of Round Rock criteria and guidelines
adopted by Ordinance No. G -04-02-26-7B1 on February 26th,
2004.
2.
III.
Pursuant. to Section 312.201. of the Tax Code, V.A.T.S., the
.`City hereby creates a reinvestment zone for commercial/industrial
tax abatement encompassing only the area described in Exhibit"A"
and such reinvestment zone is hereby designated as Reinvestment
Zone No. 23 (IKEA), City of Round Rock, Texas.
IV.
A. All ordinances, parts of ordinances, or resolutions in
conflict herewith are expressly repealed.
B. The invalidity of any section or provision of this
ordinanceshall not invalidate other sections or provisions
thereof.
C. The City Council hereby finds and declares that written
notice of the date, hour, place and subject of the meeting at which
this Ordinance was adopted was posted and that such meeting was
open to the public as required by law at all times during which
this Ordinance and the subject matter hereof were discussed,
considered and formally acted upon, all as required by the Open
Meetings Act, Chapter 551, Texas Government Code, as amended.
Alternative 1.
By motion duly made, seconded and passed with an affirmative
vote of all the Council members., present, the requirement for
reading this ordinance on two separate days was dispensed with.
READ, PASSED, and ADOPTED on first reading this ;?1:1 --day of
2005.
3
Alternative 2.
READ and APPROVED on first reading this the day of
2005.
READ, APPROVED and ADOPTED on second reading this the
day of , 2005.
ATTEST:
CHRISTINE R. MARTINEZ, City Secretary
4.
Office: 512-481-9602
Fax: 512-330-1621
Page 1 of 2
Waterloo Surveyors Inc.
EXHIBIT "A"
September 12, 2005
Thomas P. Dixon
R.P.LS. 4324
J9802FN1
FIELD NOTES
FIELD NOTES FOR 20.94 ACRES OF LAND, MORE OR LESS, OUT OF THE EPHRAIM EVANS
SURVEY, ABSTRACT NO. 212, IN WILLIAMSON COUNTY, TEXAS, SAME BEING OUT OF THAT
CERTAIN 94.39 ACRE TRACT OF LAND DESCRIBED IN VOLUME 657, PAGE 659, DEED RECORDS,
WILLIAMSON COUNTY, TEXAS, AND FURTHER BEING ALL OF LOT 1, BLOCK A, "FINAL PLAT
OF EAST CHANDLER RETAIL CENTER", A PROPOSED SUBDIVISION IN WILLIAMSON COUNTY,
TEXAS; FOR WHICH A MORE PARTICULAR DESCRIPTION BY METES AND BOUNDS IS AS
FOLLOWS:
BEGINNING at an iron rod set on the east R.O.W. of interstate Highway 35 on the west line of said 94.39 acre tract at
the N.W. corner of Lot 1, Block A, "FINAL PLAT OF EAST CHANDLER RETAIL CENTER", for the N.W. corner
hereof, from which point an "X" found in concrete on the east R.O.W. of Interstate Highway 35 at the N.W. corner of
said 94.39 acre tract bears N14°46'52"E at a distance of 25.79 feet;
THENCE the following twelve (12) courses and distances crossing said 94.39 acre tract along the exterior boundary of
Lot 1:
1. N69° 17'21 "E for a distance of 263.66 feet to an iron rod set;
2_ N75°05'45"E for a distance of 118.61 feet to an iron rod set;
3_ N69°17'21"E for a distance bf 268.81 feet to an iron rod set;
4. S65°39'08"E for a distance of 37.56 feet to an iron rod set;
5_ S20°42'27"E for a distance of 659.45 to a point of curvature of a curve curving to the right having a radius of
220.00;
6. 181.06 feet along the arc of said curve with a chord which bears S02°51' 16"W for a distance of 175.99 feet to the
point of tangency of said curve;
7. S26°25'55"W for a distance of 77.42 feet to the point of curvature of a curve curving to the right with a radius of
158.15 feet;
8. 118.48 feet along the arc of said curve with a chord which bears S47°51'43"W for a distance of 115.73 feet;
9. S69° 17'40"W for a distance of 685.29 feet to an iron rod set at the point of curvature of a curve curving to the right
having a radius of 406.00 feet;
10. 175.04 feet along the arc of said curve with a chord which bears S81 °38'25"W for a distance of 173.68 feet to an iron
rod set at the point of a reverse curve curving to the left with a radius of 263.86 feet;
11. 28.49 feet along the arc of said curve with a chord which bears N88°58'35"W fora distance of 28.47 feet to an iron
rod set at the point of tangency of said curve;
12. S88°03'21 "W for a distance of 71.43 feet to a an iron rod set on the east R.O.W. of Interstate Highway 35 at the S.W.
corner of Lot 1;
THENCE the following three (3) courses and along the east R.O.W. of interstate Highway 35:
1. NO2°03'55"W for a distance of 192.00 to a concrete highway monument found at the point of curvature of a curve
curving to the right with a radius of 1095.90 feet;
P.O_ Box 160176
Austin, Texas 78716-0176
Office: 512-481-%02
Fax: 512-330-1621
Page 2 of 2
Waterloo Surveyors Inc.
EXHIBIT "A"
September 12, 2005
Thomas P. Dixon
R.P.L.S. 4324
19802FN1
FIELD NOTES
2. 398.72 feet along the arc of said curve with a chord which bears N08° 19' l4"E for a distance of 396.52 feet to a
concrete highway monument found at the point of tangency of said curve;
3. N14°46'51"E for a distance of 435.92 feet to the POINT OF BEGINNING, containing 20.94 acres of land.
1, the undersigned do hereby certify that the field notes hereon were prepared from an actual on -the -ground survey
under my direct supervision and that they are true and correct to the best of my knowledge.
Thomas P. Dixon R.P_L.S. 4324
r
iY' �•M� it �"; p
P.O. Box 160176
Austin, Texas 78716-0176
LEGAL DESCRIPTION:
20.94 ACRES OF LAND, MORE OR LESS, OUT OF THE EPHRAIM EVANS Waterloo Surveyors Inc.
SURVEY, ABSTRACT NO. 212, IN WILLIAMSON COUNTY, TEXAS, AND
BEING OUT OF THAT CERTAIN 94.39 ACRE TRACT OF LAND DESCRIBED SURVEY PLAT
`A T
IN VOLUME 657, PAGE 659, DEED RECORDS, WILLIAMSON COUNTY,
TEXAS, AND BEING ALL OF LOT 1, BLOCK A, "FINAL PLAT OF EAST ,gest Chandler Road
CHANDLER WILLi MSONRETAIL CENTER", COUNTY, TEXAS. A PROPOSED SUBDIVISION IN (Coiling, 1Paed 114)
Lot 3 Block A
-0.43 acres
LEGEND
FOUND IRON ROD FIR
SET IRON ROD SIR
FOUND IRON PIPE FIP
FOUND HIGHWAY MONUMENT FHM
POINT OF BEGINNING POB
iFHM
o
N Cl
tt C1
FHM
ti�
POB
Found
Iron Rod S!R
N.W. CORNERD�
657/655 C.4 SS. L35 w
✓ • C5 5\s, C3 o'
P-1
`L t)
Found �
Iron Rod 5\• Sp ` �'
N.W. CORNER <� P �l N
778/330
5\R1$ 5\R Q \-\ � 54'57
4 ...---,,y ' W � �i
778/330 C 5 v� FFjRS 373.45 L6
(14.64 oc) o �R. Found
City of Round RockN1/4R> Iron Rod FIP
r Lot 2 Block A •FSR S.W. CORNER
"`� 42.50 acres '`/,Q.'F .,� 951/17 s�
Found �' Lot 2, Bk B
Iron Rod Chandler Creek LP
116 L15 114 55 L13 N ▪ Oakmont F/139 Sec. 5
L1
L26 L27 L" 2g
Found "X" IN CONC. C)9 S\
N.W. CORNER
657/659
(94.39 ac)
Lot 1 Block A
20.94 acres
f)
-J
C2
S\C 4 L7
L30 N.13\ L32
Lot 4 Block A
0.40 acres
N 69'17'21" E
244.93'
;10
,0 LOT 1
,,„i
Lot
Lot 2 Block A ccr
42.50 acres h
sr
N.W. CORNER
871/374
(2.0 oc)
LINE COURSE AND DISTANCE CALLS
UNE 1 DIRECTION 1 DISTANCE
L1 N 69'17'21" E 662.03'
12 S 20'55'19" E 21.00'
L3 S 20'42'27" E 59.59'
L4 N 72'39'36" W 23.68'
L5 N 59'04'07" W 158.08'
L6 S 67'29'15" W 113.42'
17 N 69'17'21" E 676.88'
L8 S 22'25'39" W 29.15'
L9 S 09'24'29" W 69.60'
110 S 07'36'56" E 79.37'
L11 S 18'22'33" W 44.30'
L12 5 35'15'54" E 226.60'
113 5 68'17'04" W 137.20'
114 5 63'50'35" W 238.36'
L15 S 64'23'51" W 164.56'
L16 5 71'07'09" W 229.88'
L17 N 34'45'51" W
L18 S 7523'51" W
530.13'
171.67'
City of Round Rock
871/374 871/369
(2.0 ac) (2.32 cc)
119 N 52'30'21" W 172.40'
L20 N 8111'11" W 173.14'
121 S 02'03'55" E 112.67'
L22 S 02'03'55" E 134.53'
L23 N 02'03'55" W 192.00'
L24 N 14'46'52" E 435.92'
L25 N 14'46'52" E 25.79'
126 N 69'17'21" E 263.66'
L27 N 75'05'45" E 118.61'
128 N 69'17'21" E 268.81'
L29 S 65'39'08" E 37.56'
130 N 69'17'33" E 74.82'
131 N 24'20'53" E 54.63'
132 N 69'17'21" E 563.47'
133 S 20'42'27" E 659.45'
134 S 26'25'55" W 77.42'
135 5 69'17'40" W 685.29'
136 S 88'03'21" W 71,43'
CURVE 1 RADIUS 1 LENGTH 1 CHORD 1 BEARING
C1 1095.90' 398.72' 396.52'
E
C2 220.00' 181.06' 175.99' N S 02'51'16"' W
C3 158.15' 118.48' 115.73' 5 47'51'43" W
C4 406.00' 175.04' 173.68' S 81'38'25" W
C5 263.86' 28.49' 28.47' N 88'58'35" W
Chandler Creek LP
Oakmont Centre
Sec. 5, Bk B, Lot 3
0
tnm
J9802FN1N\
0
(/)�
r00
0 ...I Z
0�
NZO
rn
N-
rn
Found
Iron Rod
N.E. CORNER
951/17
(2.0 ac)
"THE UNDERSIGNED DOES HEREBY CERTIFY THAT
THE SKETCH HEREON WAS PREPARED FROM AN
ACTUAL ON -THE ROUND SURVEY AND THAT
IS IT IS TRUE AN CORRECT TO THE BEST
OF MY KNOWLEDG ON THIS THE 12TH DAY
OF SEPTEMBER, 2 ► 05."
1
Thomas P. Dixon R.P. L.S. 4324
WATERLOO SURVEYORS INC.
P.O. BOX 160176
AUSTIN, TEXAS 78716-0176
PHONE: (512) 481-9602
IKEA Site
20.94 Acres
DATE: September 16, 2005
SUBJECT: City Council Meeting - September 22, 2005
ITEM: 13.D.1. Consider an ordinance designating a 20.94 acre tract of land as
Reinvestment Zone No. 23 (IKEA) for commercial/industrial tax
abatement. (First Reading)
Department: Administration Department
Staff Person: Jim Nuse, City Manager
David Kautz, Assistant City Manager/Chief Financial Officer
Steve Sheets, City Attorney
Justification:
The Economic Development Program and Tax Abatement Agreements enable the company to
establish a store in our local market. The company provides quality jobs in that pay is competitive
and full benefits including medical coverage are provided to employees working more than 20 hours
per week. Additionally, the company is a destination retailer, bringing in customers from greater
distances and providing needed diversity to our local sales tax base without over -burdening local
government services.
Funding:
Cost: N/A
Source of funds: N/A
Outside Resources: N/A
Background Information:
In connection with IKEA's recent announcement to open a retail store in Round Rock at the
southeast corner of IH 35 and Chandler Road the City has negotiated terms for an Economic
Development Program Agreement and a Property Tax Abatement with the company. IKEA is the
world's leading furniture and home furnishings retailer and will open a 252,000 square foot retail
store that provides 300 jobs as well as a 250 seat restaurant.
The Economic Development Program Agreement and the Tax Abatement Agreement provide financial
incentive to the company to establish a store in our local market. The company provides quality
jobs in that pay is competitive and full benefits including medical coverage are provided to
employees working more than 20 hours per week. Additionally, the company is a destination
retailer, bringing in customers from greater distances and providing needed diversity to our local
sales tax base without over -burdening local government services.
The Tax Abatement commences January 1 of the year immediately following the opening of the store
and continues until the earlier of 7 years or upon IKEA's receipt of economic value in the aggregate
of $5,000,000 pursuant to the Abatement Agreement and the Economic Development Program
Agreement. Additionally, the City will waive certain fees associated with project development as
itemized in the agreement.
Public Comment:
A public hearing was held on September 22, 2005, at the regular meeting of the City Council.