By: Carona S.B. No. 1333
A BILL TO BE ENTITLED
AN ACT
relating to the creation of the Cotton Belt Rail Improvement
District; providing authority to impose an assessment and issue
bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subtitle C, Title 4, Special District Local Laws
Code, is amended by adding Chapter 5010 to read as follows:
CHAPTER 5010. COTTON BELT RAIL IMPROVEMENT DISTRICT
SUBCHAPTER A. GENERAL PROVISIONS
Sec. 5010.001. DEFINITIONS. In this chapter:
(1) "Board" means the District's board of directors.
(2) "Cities" means the Cities of Ft. Worth, Haltom
City, North Richland Hills, Grapevine, Coppell, Carrollton,
Addison, Farmers Branch, Dallas, Richardson, and Plano.
(3) "Counties" means Collin, Dallas, and Tarrant.
(4) "Director" means a board member.
(5) "District" means the Cotton Belt Rail Improvement
District.
(6) "East Sector Cities" means the Cities of Coppell,
Carrollton, Addison, Farmers Branch, Dallas, Richardson, and
Plano.
(7) "Participation in the District" means Municipal or
County funding of District project costs by interlocal agreement,
or direct funding from any lawful source of Municipal or County
revenues , including but not limited to funds generated by special
economic development districts created pursuant to Chapter 311,
Texas Tax Code, Chapter 372, Local Government Code, and Chapter
375, Local Government Code.
(8) "Transit Authorities" means the Dallas Area Rapid
Transit Authority, the Denton County Transit Authority, and the
Fort Worth Transportation Authority.
(9) "Local Assessment Advisory Board" means the board
appointed by each local taxing jurisdiction to approve assessment
petitions, and approve the use of assessment revenues generated
within that local taxing jurisdiction's corporate limits for
non-rail project costs.
(10) "Cotton Belt Rail Corridor" means the rail
corridor, consisting of a 100 foot right of way, referenced in the
deed executed by St. Louis Southwest Railway Company and the Dallas
Area Rapid Transit Property Acquisition Corporation, dated
December 27, 1990, and including rail right-of-way owned by several
other rail operators on the Southwest end of the Cotton Belt Rail
Corridor, with abutting development nodes stretching 66 miles in a
Northeasterly direction from the McPherson Station area in Fort
Worth, to the Shiloh Station area in Plano, as legally described in
Section 2 of this statute.
(11)"West Sector Cities" means the Cities of Fort
Worth, Haltom City, Richland Hills, and Grapevine.
Sec. 5010.002. CREATION AND NATURE OF DISTRICT. The Cotton
Belt Rail Improvement District is a special District created under
Section 59, Article XVI, Texas Constitution.
Sec. 5010.003. PURPOSE; LEGISLATIVE FINDINGS. (a) The
creation of the District is essential to accomplish the purposes of
Sections 52 and 52-a, Article III, and Section 59, Article XVI,
Texas Constitution, and other public purposes stated in this
chapter. By creating the District and in authorizing the cities and
other political subdivisions to contract with the District, the
legislature has established a program to accomplish the public
purposes set out in Section 52-a, Article III, Texas Constitution.
(b) The creation of the District is necessary to promote,
develop, encourage, and maintain employment, commerce,
transportation, housing, tourism, recreation, the arts,
entertainment, economic development, safety, and the public
welfare in the District.
(c) The District is created to supplement and not to
supplant municipal services provided in the District.
Municipalities, either directly or through their appointed
Directors, have the ability to retain full control
over non-rail development within the portions of the District that
are located within each municipality's boundaries and the ability
to retain full control over any financing obligations affecting the
municipalities or affecting property located in that portion of the
District that is located within the municipalities' boundaries.
(d) The District is created to provide a statutory structure
for the collaboration of political subdivisions necessary for the
creation of the Cotton Belt Commuter Rail Corridor and related
facilities, and to serve as the tax exempt entity for financing the
development of the rail corridor.
Sec. 5010.004. FINDINGS OF BENEFIT AND PUBLIC PURPOSE. (a)
The District is created to serve a public use and benefit.
(b) All land and other property included in the District
will benefit from the improvements and services to be provided by
the District under powers conferred by Sections 52 and 52-a,
Article III, and Section 59, Article XVI, Texas Constitution, and
other powers granted under this chapter.
(c) The creation of the District is in the public interest
and is essential to further the public purposes of:
(1) developing and diversifying the economy of the
state;
(2) eliminating unemployment and underemployment;
(3) developing or expanding transportation and
commerce; and
(4) providing quality residential housing.
(d) The District will:
(1) promote the health, safety, and general welfare of
residents, employers, potential employees, employees, visitors,
and consumers in the District, and of the public;
(2) provide needed funding for the District to
develop, preserve, maintain, and enhance the economic health and
vitality of the District territory as a commuter rail corridor,
with residential community development and commercial and business
center; and
(3) promote the health, safety, welfare, and enjoyment
of the public by providing pedestrian ways and by landscaping and
developing certain areas in the District, which are necessary for
the restoration, preservation, and enhancement of scenic beauty.
(e) Pedestrian ways along or across a street, whether at
grade or above or below the surface, and street lighting, street
landscaping, vehicle parking, and street art objects are parts of
and necessary components of a District street and are considered to
be an improvement project that includes a street or road
improvement.
Sec. 5010.005. DISTRICT TERRITORY. (a) The District is
initially composed of the territory described by Section 2 of the
Act enacting this chapter, and includes territory that is wholly or
partially within twelve municipalities and three counties.
(b) The boundaries and field notes contained in Section 2 of
the Act enacting this chapter form a closure. A mistake in the
field notes or in copying the field notes in the legislative process
does not affect the District's:
(1) organization, existence, or validity;
(2) right to issue any type of bond for the purposes
for which the District is created or to pay the principal of and
interest on a bond;
(3) right to impose or collect an assessment or tax; or
(4) legality or operation.
Sec. 5010.006. ELIGIBILITY FOR INCLUSION IN SPECIAL ZONES.
(a) All or any part of the area of the District is eligible to be
included in:
(1) a tax increment reinvestment zone created under
Chapter 311, Tax Code;
(2) a tax abatement reinvestment zone created under
Chapter 312, Tax Code;
(3) an enterprise zone created under Chapter 2303,
Government Code; or
(4) an industrial District created under Chapter 42,
Local Government Code.
(b) Any city within the boundary of the District which
creates a tax increment reinvestment zone described by Subsection
(a), that city and the Board of Directors of the zone, by contract
with the District, may grant money deposited in the tax increment
fund to the District to be used by the District for the purposes
permitted for money granted to a corporation under Section
380.002(b), Local Government Code, including the right to pledge
the money as security for any bonds issued by the District for an
improvement project. A project may not receive public funds under
Section 380.002(b), Local Government Code, unless the project
complies with a development agreement entered into under Section
5010.207.
(c) A tax increment reinvestment zone created by any city in
the District is not subject to the limitations provided by Section
311.006(b), Tax Code.
(d) A tax increment reinvestment zone or a tax abatement
reinvestment zone may not include territory in the District unless
the governing body of the municipality creating the reinvestment
zone approves the inclusion.
Sec. 5010.007. APPLICABILITY OF MUNICIPAL MANAGEMENT
DISTRICTS LAW. Except as otherwise provided by this chapter,
Chapter 375, Local Government Code, applies to the District.
Sec. 5010.008. LIBERAL CONSTRUCTION OF CHAPTER. This
chapter shall be liberally construed in conformity with the
findings and purposes stated in this chapter.
[Sections 5010.009-5010.050 reserved for expansion]
SUBCHAPTER B. BOARD OF DIRECTORS
Sec. 5010.051. GOVERNING BODY; TERMS. (a) The District is
governed by a board of sixteen voting directors who serve staggered
terms of four years, with the odd numbered position terms expiring
June 1, 2015. Even numbered positions will serve their initial
term, expiring on June 1, 2017.
(b) Each participating municipality in the District shall
appoint one director to represent their city.
(c) Each regional transit agency serving the District may
appoint one director to serve on the Board.
(d) The DFW Airport may appoint a director to serve on the
board.
Sec. 5010.052. QUALIFICATIONS OF DIRECTORS APPOINTED BY A
CITY. (a) To be qualified to serve as a director appointed by the
governing body of a city, a person must be:
(1) a resident of the District;
(2) an owner of property in the District;
(3) an owner of stock or a partnership or membership
interest, whether beneficial or otherwise, of a corporate
partnership, limited liability company, or other entity owner of a
direct or indirect interest in property in the District;
(4) an owner of a beneficial interest in a trust, or a
trustee in a trust, that directly or indirectly owns property in the
District;
(5) an agent, employee, or tenant of a person
described by Subdivision (2), (3), or (4); or
(6) a representative nominated and approved by the
governing body of the City.
(b) Section 49.052, Water Code, does not apply to the
District.
Sec.5010.053 QUALIFICATION OF DIRECTORS APPOINTED BY A
TRANSIT AGENCY. (a) To be qualified to serve as a director
appointed by a Transit Agency, a person must be:
(1) A resident of the District;
(2) A person employed by such agency; and
(3) A person nominated and approved by the agency
board of directors as the agency representative.
Sec. 5010.054. APPOINTMENT OF DIRECTORS. The governing
bodies of each participating municipality, or transit agency shall
appoint or reappoint Directors representing their entity operating
under sections 5010.052, or 5010.053.
Sec. 5010.055. VACANCY. If a vacancy occurs on the Board,
the appointing entity shall fill the vacancy by nomination and
approval of its respective governing body.
Sec. 5010.056. DIRECTOR'S OATH OR AFFIRMATION. (a) A
director shall file the director's oath or affirmation of office
with the District, and the District shall retain the oath or
affirmation in the District records.
(b) A director shall file a copy of the director's oath or
affirmation with the secretary of the appointing city.
Sec. 5010.057. OFFICERS. The Board shall elect from among
the directors a chair, a vice chair, and a secretary. The offices
of chair and secretary may not be held by the same person.
Sec. 5010.058. COMPENSATION; EXPENSES. A director is not
entitled to compensation but is entitled to reimbursement for
necessary and reasonable expenses incurred in carrying out the
duties and responsibilities of the board.
Sec. 5010.059. LIABILITY INSURANCE. The District may
obtain and pay for comprehensive general liability insurance
coverage from a commercial insurance company or other source that
protects and insures a director against personal liability and from
all claims relating to:
(1) actions taken by the director in the director's
capacity as a member of the Board;
(2) actions and activities taken by the District; or
(3) the actions of others acting on behalf of the
District.
Sec. 5010.060. EXECUTIVE COMMITTEE. (a) The Board may
create an Executive Committee to exercise the powers of the Board,
specifically delegated to such committee by the Board, and which
powers will be defined by the Board with the adoption of
administrative procedures for the District.
(b) The Executive Committee shall be comprised of five
directors.
(c) The Executive Committee members shall be elected by
majority vote of the District Board.
(d) The Executive Committee shall be representative of both
the East Sector Cities and the West Sector Cities, with four members
nominated to represent the Cities as follows: (1) two members
nominated from Directors appointed by the East Sector Cities,
providing one Director will represent those East Sector Cities with
a population of less than 500,000 population, and one Director will
represent those East Sector Cities with a population greater than
or equal to 500,000 population, and (2) two members nominated from
Directors appointed by the West Sector Cities, providing one
Director will represent those West Sector Cities with less than
500,000 population, and one Director will represent those West
Sector Cities with a population greater than or equal to 500,000.
(e) The Executive Committee shall include at least one Transit
Agency Director on the committee.
Sec. 5010.061. BOARD MEETINGS. The board shall hold
meetings at a place accessible to the public.
Sec. 5010.062. INITIAL DIRECTORS. (a) The initial board
consists of:
Pos. No. Name of Director
1 ________________
2 ________________
3 ________________
4 ________________
5 ________________
6 ________________
7 ________________
8 ________________
9 ________________
10 ________________
11 ________________
12 ________________
13 ________________
14 ________________
15 ________________
16 ________________
(b) Section 5010.052-5010.053 does not apply to this
section.
(c) This section expires September 1, 2017.
[Sections 5010.063-5010.-090 reserved for expansion]
SUBCHAPTER B-1 LOCAL ASSESSMENT ADVISORY BOARD
Sec 5010.091. (a) A Local Assessment Advisory Board shall be
appointed by the City Council of each municipality where assessment
revenues are generated and shall consist of the member appointed to
the District board by that City and include two additional members
appointed by that City Council.
(b) Terms for the local assessment advisory board shall be
the same as the term for the jurisdiction's representative on the
District Board.
(c) vacancies on the local assessment advisory board shall
be filed by the city council appointing the advisory board members.
Sec. 5010.092 POWERS OF THE LOCAL ASSESSMENT ADVISORY
BOARD. Powers of the Local Assessment Advisory Board shall include
:
(a) review and approval of assessment petitions submitted
to the board under Sec. 5010.155(c)(3);
(b) approve, subject to the consent of that advisory board's
appointing City Council, the use of revenues generated by
assessments in the City's portion of the District for non-rail
project costs; and
(c) Any other powers granted to the Advisory Board by the
City Council.
(Sec. 5010.093-Sec. 5010.100 are reserved for expansion.)
SUBCHAPTER C. POWERS AND DUTIES
Sec. 5010.101. GENERAL POWERS AND DUTIES. The District has
the powers and duties necessary to accomplish the purposes for
which the District is created.
Sec. 5010.102. DEVELOPMENT CORPORATION POWERS. The
District, using money available to the District, may, unless
otherwise provided for herein, exercise the powers given to a
development corporation under Chapter 505, Local Government Code,
including the power to own, operate, acquire, construct, lease,
improve, or maintain a project under that chapter.
Sec. 5010.103. NONPROFIT CORPORATION. (a) The board by
resolution may authorize the creation of a nonprofit corporation to
assist and act for the District in implementing a project or
providing a service authorized by this chapter.
(b) The nonprofit corporation:
(1) has each power of and is considered to be a local
government corporation created under Subchapter D, Chapter 431,
Transportation Code; and
(2) may implement any project and provide any service
authorized by this chapter.
(c) The Board shall appoint the board of directors of the
nonprofit corporation. The board of directors of the nonprofit
corporation shall serve in the same manner as the board of directors
of a local government corporation created under Subchapter D,
Chapter 431, Transportation Code, except that a board member is not
required to reside in the District.
Sec. 5010.104. AGREEMENTS; GRANTS. (a) As provided by
Chapter 375, Local Government Code, the District may make an
agreement with or accept a gift, grant, or loan from any person.
(b) The District and the Transit Authorities shall
coordinate their pursuit of State and Federal transportation
grants.
(c) The implementation of a project is a governmental
function or service for the purposes of Chapter 791, Government
Code.
Sec. 5010.105. LAW ENFORCEMENT SERVICES. To protect the
public interest, the District may contract with a qualified party,
including a county or a city, to provide law enforcement services in
the District for a fee.
Sec. 5010.106. MEMBERSHIP IN CHARITABLE ORGANIZATIONS. The
District may join and pay dues to a charitable or nonprofit
organization that performs a service or provides an activity
consistent with the furtherance of a District purpose.
Sec. 5010.107. ECONOMIC DEVELOPMENT. (a) The District may
engage in activities that accomplish the economic development
purposes of the District.
(b) The District may create economic development programs
and exercise the economic development powers that:
(1) Chapter 380, Local Government Code, provides to a
municipality; and
(2) Subchapter A, Chapter 1509, Government Code,
provides to a municipality.
Sec. 5010.108. PARKING FACILITIES. (a) The District may
acquire, lease as lessor or lessee, construct, develop, own,
operate, and maintain parking facilities or a system of parking
facilities, including lots, garages, parking terminals, or other
structures or accommodations for parking motor vehicles off the
streets and related appurtenances.
(b) The District's parking facilities serve the public
purposes of the District and are owned, used, and held for a public
purpose even if leased or operated by a private entity for a term of
years.
(c) The District's parking facilities are parts of and
necessary components of a street and are considered to be a street
or road improvement.
(d) The development and operation of the District's parking
facilities may be considered an economic development program.
Sec. 5010.110 RAIL FACILITIES (a) The Transit Authority or
Authorities or their assignees shall, consistent with a final
agreement with the District and with standards and practices
employed by such Authorities, using funds derived from the
District, or any other lawful source, including grant funding:
(i) design, construct, operate, and
maintain infrastructure associated with commuter rail operations
in the Cotton Belt Corridor; and
(ii) subject to applicable trackage rights
agreements, operate and maintain all aspects of the commuter rail
service in the Cotton Belt Corridor.
(b) (i) In the event that the Transit Authority or
Authorities fail or refuse to perform in accordance with paragraph
(a), the District may acquire, design, construct, redevelop,
maintain and operate commuter rail facilities throughout the Cotton
Belt Corridor, including through a local government corporation
created by the District for that purpose.
(ii) The District will have the powers of
Title 5, Subtitle B, Chapter 91, Subchapter A, Sec.91.004.
(iii) The District shall exercise such
authority consistent with negotiated agreements with the Transit
Authorities for use of the Cotton Belt Corridor.
(c)The District is not subject to Section 91.005 of the
aforementioned section of Title 5.
Sec. 5010.111. NO EMINENT DOMAIN POWER. Notwithstanding
references made herein granting the District powers under other
Chapters of Texas law, the District may not exercise the power of
eminent domain.
[Sections 5010.110-5010.130 reserved for expansion]
SUBCHAPTER C-1. IMPROVEMENT PROJECTS
Sec. 5010.131. IMPROVEMENT PROJECTS AND SERVICES. The
District may provide, design, construct, acquire, improve,
relocate, operate, maintain, or finance an improvement project or
service using money available to the District, or contract with a
governmental or private entity to provide, design, construct,
acquire, improve, relocate, operate, maintain, or finance an
improvement project or service authorized under this chapter or
Chapter 375, Local Government Code.
Sec. 5010.132. LOCATION OF IMPROVEMENT PROJECT. An
improvement project described by Section 5010.131 may be located:
(1) in the District; or
(2) in an area outside but adjacent to the District if
the project is for the purpose of extending a public infrastructure
improvement beyond the District's boundaries to a logical terminus.
Sec. 5010.133. CONSOLIDATION WITH OTHER MUNICIPAL
MANAGEMENT DISTRICTS. Subchapter P of Chapter 375, Texas Local
Government Code applies to the District. The District Board of
Directors can vote to approve and authorize a merger of territory
within the boundary of another independently created management
District, Sec. 5010.155. and all sections of Subchapter E of this
statute.
Sec. 5010.134. DEVELOPMENT PLAN REQUIRED TO UNDERTAKE
IMPROVEMENT PROJECTS, IMPOSE TAXES OR ASSESSMENTS AND BORROW MONEY,
INCLUDING BONDS. (a) After the District's Board of Directors is
organized, but before the District may undertake any improvement
project, issue bonds, impose taxes, levy assessments or fees, or
borrow money, the District Board of Directors must approve a
development plan for the District that delineates :
(1) the exercise of the powers granted to the District
under this Chapter, including the organization, development and
operation of the District;
(2) the selection and description of improvement
projects that may be undertaken and financed by the District and the
ownership, operation, and maintenance thereof, including the
number, location and construction of rail stations in each City;
(3) the terms, conditions, methods, means, and amounts
of each financing authorized by this Chapter that the District may
undertake in providing improvement projects; and
(4) the estimated amounts, methods, and times of
payments by the Cities for costs and expenses incurred in the
development of the project, including the projected financing costs
with respect to the development and operation of the District and
the financing of improvement projects by the District.
(b) This development plan, and any amendment to this
development plan, must be approved by majority vote of the Board,
based on a weighted vote of the Directors of the Board, as follows:
(1) Directors appointed by the Cities will be allowed
to cast the following number of votes: Fort Worth, 9; Haltom City,
1; North Richland Hills, 2; Grapevine, 2; Coppell, 1; Carrollton,
1; Addison, 1; Dallas, 4; Richardson, 2; and Plano, 2. If the number
of rail stations in a City exceeds the number of votes allocated
above to that City, the Director appointed by that City shall
instead be allowed to cast the same number of votes as there are
rail stations located within the City. Directors appointed by the
Transit Authorities and the DFW Airport shall each have 1 vote.
(2) A majority of the weighted votes of the Directors
appointed by the East Sector Cities and a majority of the weighted
votes of the Directors appointed by the West Sector Cities are
required in order for the development plan or any amendment to the
development plan to be approved.
[Sections 5010.134-5010.150 reserved for expansion]
SUBCHAPTER D. GENERAL FINANCIAL PROVISIONS; ASSESSMENTS
Sec. 5010.151. DISBURSEMENTS AND TRANSFERS OF MONEY. The
Board by resolution shall establish the number of directors'
signatures and the procedure required for a disbursement or
transfer of the District's money.
Sec. 5010.152. MONEY USED FOR IMPROVEMENTS OR SERVICES.
The District may acquire, construct, finance, operate, or maintain
an improvement project or service authorized under this chapter or
Chapter 375, Local Government Code, using any money available to
the District.
Sec. 5010.154 SUBDIVISION OF THE DISTRICT
(a) The District may subdivide into subdistricts for the
purpose of establishing separate assessments and assessment rates
or taxes.
Sec. 5010.155. PETITION REQUIRED FOR FINANCING SERVICES AND
IMPROVEMENTS WITH ASSESSMENTS. (a) The board may not finance a
service or improvement project with assessments under this chapter
unless a written petition requesting that service or improvement
has been filed with the board by the owner of the property(s)
subject to assessment.
(b)A property owned by an individual property owner,
who specifically petitions for a levy and assessment on that
property, will be subject to assessment for the duration of the
service and assessment plan for the District. Such assessment will
retain the character of assessment revenues authorized by Chapter
375, Texas Local Government Code.
4) assessments levied as provided by Sec. 5010.155 will
be subject to Sec. 5010.157
(d) The subdistricts include the following:
_____________
_____________
_____________
Sec. 5010.154. METHOD OF NOTICE FOR HEARING. (a) The
District, including its subdistricts, may mail the notice required
by Section 375.115(c), Local Government Code, by certified or first
class United States mail. The board shall determine the method of
notice.
(b) Each subdistrict will be required to mail notice
required by Section 375.115(c) for its respective proposed
assessment.
Sec. 5010.155. ASSESSMENTS; LIENS FOR ASSESSMENTS. (a)
The board by resolution may impose and collect an assessment for any
purpose authorized by this chapter in all or any part of the
District, subject to Sec. 5010.157
(b) An assessment, a reassessment, or an assessment
resulting from an addition to or correction of the assessment roll
by the District, penalties and interest on an assessment or
reassessment, an expense of collection, and reasonable attorney's
fees incurred by the District:
(1) are a first and prior lien against the property
assessed;
(2) are superior to any other lien or claim other than
a lien or claim for county, school District, or municipal ad valorem
taxes; and
(3) are the personal liability of and a charge against
the owners of the property even if the owners are not named in the
assessment proceedings.
(c) The lien is effective from the date of the board's
resolution imposing the assessment until the date the assessment is
paid. The board may enforce the lien in the same manner that the
board may enforce an ad valorem tax lien against real property.
(d) The board may make a correction to or deletion from the
assessment roll that does not increase the amount of assessment of
any parcel of land without providing notice and holding a hearing in
the manner required for additional assessments.
Sec. 5010.156. TAX AND ASSESSMENT ABATEMENTS. The District
may designate reinvestment zones and may grant abatements of a tax
or assessment on property in the zones.
Sec. 5010.157. LIMITATION ON ASSESSMENTS. (a) Any
proposed use of assessment revenue for non-rail development project
costs within a taxing jurisdiction where assessments are levied
shall be subject to the approval of the governing body of that
taxing jurisdiction.
(b) The board of the District shall decide how assessment
revenues generated for rail project costs will be used by the
District.
(c) The board may not assess property belonging to the
Transit Authorities.
[Sections 5010.157-5010.200 reserved for expansion]
SUBCHAPTER E. TAXES AND BONDS
Sec. 5010.201. BONDS AND OTHER OBLIGATIONS. (a) The
District may issue, by public or private sale, bonds, notes, or
other obligations payable wholly or partly from ad valorem taxes or
assessments in the manner provided by Subchapter A, Chapter 372, or
Subchapter J, Chapter 375, Local Government Code.
(b) In exercising the District's borrowing power, the
District may issue a bond or other obligation in the form of a bond,
note, certificate of participation or other instrument evidencing a
proportionate interest in payments to be made by the District, or
other type of obligation.
(c) In addition to the sources of money described by
Subchapter A, Chapter 372, and Subchapter J, Chapter 375, Local
Government Code, District bonds may be secured and made payable
wholly or partly by a pledge of any part of the money the District
receives from improvement revenue or from any other source.
(d) Prior to the issuance of a bond or other similar
indebtedness or guarantee of another's indebtedness, the district
must also receive the approval of the board, by weighted vote,
consistent with section 5010.134(c).
Sec. 5010.202. BOND MATURITY. Bonds may mature not more
than 30 years from their date of issue.
Sec. 5010.203. TAXES FOR BONDS AND OTHER OBLIGATIONS. At
the time bonds or other obligations payable wholly or partly from ad
valorem taxes are issued:
(1) the board shall impose a continuing direct annual
ad valorem tax for each year that all or part of the bonds are
outstanding; and
(2) the District annually shall impose an ad valorem
tax on all taxable property in the District in an amount sufficient
to:
(A) pay the interest on the bonds or other
obligations as the interest becomes due; and
(B) create a sinking fund for the payment of the
principal of the bonds or other obligations when due or the
redemption price at any earlier required redemption date.
Sec. 5010.204. ELECTION REQUIRED FOR TAXES OR BONDS. (a)
The District must hold an election in the manner provided by
Subchapter L, Chapter 375, Local Government Code, to obtain voter
approval before the District may impose an ad valorem tax or issue
bonds payable from ad valorem taxes.
(b) any ad valorem tax approved pursuant to Sec. 5010.205(a)
must also receive the approval and consent of the city council of
the city where the tax is to be levied.
Sec. 5010.205. HOTEL OCCUPANCY TAX. (a) The District may
impose a hotel occupancy tax in the manner that Chapter 351, Tax
Code, provides for a municipality.
(b) A tax imposed under this section may not exceed the
maximum rate under Section 351.003(a), Tax Code.
Sec. 5010.206. CERTAIN SINGLE-FAMILY RESIDENTIAL PROPERTY
EXEMPT. (a) The District may not impose an assessment or tax on a
single-family residential property that:
(1) is in the territory described by Section 2 of the
Act creating the District; and
(2) exists as of the effective date of the Act enacting
this chapter.
(b) Section 375.161, Local Government Code, does not apply
to the District.
Sec. 5010.207. DEVELOPMENT AGREEMENT. The District may
enter into development agreements that requires the District to
reimburse one or more developers for the costs associated with
constructing and maintaining an improvement project. The District
may use revenue from taxes and assessments to reimburse a developer
under this section.
[Sections 5010.208-5010.250 reserved for expansion]
SUBCHAPTER F. DISSOLUTION
Sec. 5010.251. DISSOLUTION BY MUNICIPALITIES. (a) Chapter
375.314 of the Texas Local Government Code does not apply to the
District.
(b) A City may terminate its participation in the District
by Ordinance, subject to Section. 5010.251(c)
(c) If a city elects to terminate its participation in the
District, the City's financial obligation to the District will
continue until the City's share of the District's outstanding debt
or contractual obligations that are payable from ad valorem taxes
have been repaid or discharged, and may be paid from any lawful
source available to the City.
(c) If the District enters a development agreement or
agreements under Section 5010.207, the city may not terminate its
participation in the District until its share of obligations as set
forth in the agreement has been fulfilled, including any right or
obligation the District has to reimburse a developer or owner for
the costs of improvement projects.
5010.253 SUNSET TERMINATION OF THE DISTRICT (a) If within
seven years of the effective date of the statute, the District Board
has not approved financing agreements necessary to finance all or
part of the project, or approve the Development Plan set forth in
Section 5010.134, the District shall terminate.
SECTION 2. The Cotton Belt Rail Improvement District
initially includes all the territory contained in the following
area: The McPherson tract located in southwest Fort Worth (Tarrant
County), east of intersection of Old Granbury and St. Francis
Village Roads. The tract is approx. 943 acres with beginning point
at north corner of 16.56 ac. (ac.) parcel (Thomas, Benjamin Survey
A1496 Tr 1A *05974410* north portion) and east Right-Of-Way (ROW)
of Cotton Belt Rail Corridor; Then south along east boundary of
16.56 ac. parcel (Thomas, Benjamin Survey A1496 Tr 1A *05974410*
north portion) to north boundary of 17.278 ac. parcel (Thomas,
Benjamin Survey A1496 Tr 1A2 5B & A 4 Tr 4A5 *41527143*) ;Then
southeast along north boundary of said 17.278 ac. parcel to
northeast corner of said parcel; Then south southwest along east
boundary of said 17.278 ac. parcel to east boundary 16.56 ac. parcel
(Thomas, Benjamin Survey A1496 Tr 1A *05974410* south portion);Then
south along east boundary of said 16.56 ac. parcel to southwest
corner of 0.013 ac. parcel (Albirado, Juan Jose Survey A 4 Tr 4B04C
*41118642*);
Then north northeast along west boundary of said 0.013 ac. parcel,
and 82.474 ac. parcel (Albirado, Juan Jose Survey A 4 Tr 4B04
*03710769*) to northwest corner of said parcel;
Then east along north boundary of said 82.474 ac. parcel, and 9.73
ac. parcel (Albirado, Juan Jose Survey A 4 Tr 4B *03710556*), and
55.26 ac. parcel (Albirado, Juan Jose Survey A 4 Tr 4B06A
*41533542*), across right of way of Chisholm Trail - 121 Southwest
Tollway (future) to west boundary of 25.656 ac. parcel (Albirado,
Juan Jose Survey A 4 Tr 5C *03710866*);
Then south along west boundary of said 25.656 ac. parcel to
southwest corner of said parcel;Then east along south boundary of
said 25.656 ac. parcel and coincident north boundary of 16.61 ac.
parcel (Albirado, Juan Jose Survey A 4 Tr 5A03B *41533798*), and
37.53 ac. parcel (Albirado, Juan Jose Survey A 4 Tr 5A *03710793*)
to northeast corner of said 37.53 ac. parcel;
Then south and south southeast along east boundary of said 37.53 ac.
parcel and 30.58 ac. parcel (Albirado, Juan Jose Survey A 4 Tr 5A2B
*41533577*), and 2.78 ac. parcel (Albirado, Juan Jose Survey A 4 Tr
5A01 *03710807*) to interior corner of said 2.78 ac. parcel and
north ROW of McPherson Blvd.; Then east along north boundary of 2.78
ac. parcel and north ROW of McPherson Blvd. to northeast corner of
said 2.78 ac. parcel;
Then south southeast along east boundary of said 2.78 ac. parcel,
and 43.867 ac. parcel (Albirado, Juan Jose Survey A 4 Trs 5A1C &
5A2C *41533550*) to southeast corner of said 43.867 ac. parcel;Then
west along south boundary of said 43.867 ac. parcel, 4.72 ac. parcel
(Albirado, Juan Jose Survey A 4 Tr 5A02 *03710815*), 30.58 ac.
parcel (Albirado, Juan Jose Survey A 4 Tr 5A2B *41533577*), 14.724
ac. parcel (Albirado, Juan Jose Survey A 4 Tr 5A2A4 *41533607*),
across ROW of Chisholm Trail - 121 Southwest Tollway (future) to
northeast corner of 34.78 ac. parcel (Korticky, John Survey A 914 Tr
2A *03983579*);
Then south along east boundary of said 34.78 ac. parcel to southeast
corner of said parcel;Then west along south boundary of said 34.78
ac. parcel to southwest corner of said parcel and east ROW of
Stewart Feltz Rd.;Then north along west boundary of said 34.78 ac.
parcelto southeast corner of 0.51 ac. parcel (Albirado, Juan Jose
Survey A 4 Tr 4B03D *06470017*);
Then west along south boundary of said 0.51 ac. parcel, 1.09 ac.
parcel (Sun Country Elevated Tank Blk Lot 1 Water Tank *06388183*),
38.15 ac. parcel (Albirado, Juan Jose Survey A 4 Tr 4B03
*03710742*), 140.28 ac. parcel (Albirado, Juan Jose Survey A 4 Tr
4B03A *03710750*), 14 ac. parcel (Albirado, Juan Jose Survey A 4 Tr
4B02J *03710653*) to southwest corner of said 14 ac. parcel;Then
north along east ROW of Old Granbury Rd. and west boundary of said
14 ac. parcel, 1.304 ac. parcel (Albirado, Juan Jose Survey A 4 Tr
4B02M *03710696*), 1 ac. parcel (Albirado, Juan Jose Survey A 4 Tr
4B02N Hs *03710718*), 0.58 ac. parcel (Albirado, Juan Jose Survey
Abst 4 Tr 4B02Q *05231922*) to northeast corner of said 0.58 ac.
parcel;
Then west across ROW of Old Granbury Rd. and along south boundary of
121.323 ac. parcel (Thomas, Benjamin Survey A 1496 Tr 2
*04200160*), 0.69 ac. parcel (Thomas, Benjamin Survey A1496 Tr 4A
*05707846*) to southwest corner of said 0.69 ac. parcel and
coincident east ROW of Cotton Belt Rail Corridor;
Then northeast along east ROW of Cotton Belt Rail Corridor and
coincident west boundaries of said 0.69 ac. parcel, 121.323 ac.
parcel, and 17.278 ac. parcel (Thomas, Benjamin Survey A1496 Tr 1A2
5B & A 4 Tr 4A5 *41527143*), 16.56 ac. parcel (Thomas, Benjamin
Survey A1496 Tr 1A *05974410*) to beginning point of 943 ac. tract.
The Sycamore School tract is located in southwest Fort Worth
(Tarrant County), at intersection of Sycamore School Rd. and Summer
Creek Drive. The tract is approx. 1,326 acres with beginning point
at south ROW of Dirks Rd. and west ROW of Granbury Rd.; Then south
along west ROW of Granbury Rd/Summer Creek Dr. to a point west of
southwest corner of 0.189 ac. parcel (Summer Creek Meadows Addition
Blk 4 Lot 38 *07955839*) and coincident north boundary of 3.33 ac.
parcel (T & P RR Co #3 Survey A1576 Tr 1A01 *05964431*); Then east
along north boundary of said 3.33 ac. parcel to northeast corner of
said parcel;
Then south along east boundary of said 3.33 ac. parcel, 18.572 ac.
parcel (Van Lent, John Survey A1871 Tr 1C *05964423*) to southeast
of said 18.572 ac. parcel; Then west along south boundary of said
18.572 ac. parcel to west ROW of Summer Creek Dr.;Then south along
west ROW of Summer Creek Dr. to north ROW of Columbus Trail; Then
west along north ROW of Columbus Trail to a point north of northeast
corner of 9.44 ac. parcel (Asbury, J Survey A 52 Tr 1B01
*40404307*); Then south across ROW of Columbus Trail along east
boundary of said 9.44 ac. parcel to southeast corner of said parcel;
Then west along south boundary of said 9.44 ac. parcel to southwest
corner of said parcel and coincident of northwest corner of 0.16 ac.
parcel (Villages Of Sunset Pointe Blk J Lot 45 *40533425*); Then
south along west boundary of said 0.16 ac. parcel and east ROW of
Big Spruce Ln. to north boundary of 23.917 ac. parcel (Asbury, J
Survey A 52 Trs 1B1A & 1B1A3 & A1831 Trs 1B1 & 1D *40520080*); Then
east along north boundary of said 23.917 ac. parcel to west ROW of
Summer Creek Dr.; Then south along west ROW of Summer Creek Dr. to
north ROW of W. Risinger Rd.; Then west along north ROW of W.
Risinger Rd. to east ROW of Brewer Blvd.; Then north along east ROW
of Brewer Blvd. to northwest corner of 11.314 ac. parcel (Albirado,
Juan Jose Survey A 4 Tr 4B05A *41054806*); Then east along north
boundary of said 11.314 ac. parcel to coincident southeast corner
of 0.1 ac. parcel (Primrose Crossing Blk 29 Lot 4 *41328507*);Then
north along east boundary of said 0.1 ac. parcel to south ROW of Dew
Plant Way;Then east along south ROW of Dew Plant Way to west
boundary of 17.903 ac. parcel (Albirado, Juan Jose Survey A 4 Tr
4B05C *41226208*);Then north along west boundary of 17.903 to
coincident northeast corner of 0.13 ac. parcel (Primrose Crossing
Blk 32 Lot 32 *41329880*);
Then east along north boundary of 17.903 ac. parcel (Albirado, Juan
Jose Survey A 4 Tr 4B05C *41226208*) and alley to a point south of
southeast corner of 0.105 ac. parcel (Primrose Crossing Blk 32 Lot 7
*41329872*);Then north across alley, along east boundary of said
0.105 parcel to south ROW of Fir Tree Ln;
Then east along south Row of Fir Tree Ln. to a point south of
southeast corner said 0.105 ac. parcel; Then north across ROW of Fir
Tree Ln, along east boundary of said 0.105 ac. parcel to northeast
corner of said parcel and coincident north boundary of 17.903 ac.
parcel (Albirado, Juan Jose Survey A 4 Tr 4B05C *41226208*); Then
east along north boundary of said 17.903 ac. parcel to northeast
corner of said parcel and southeast corner of Primrose Crossing Blk
29; Then north along east boundary of Primrose Crossing Blk 29 Lots
64-73 to northeast corner of said Block; Then west along north
boundary of Primrose Crossing Blk 29, Blk 28 to northwest corner of
Block 28 at 0.32 ac. parcel (Primrose Crossing Blk 28 Lot 27
*41222792*); Then south and east along southwest boundary of said
0.32 ac. parcel to west ROW of Blue Periwinkle Ln; Then south along
west ROW of Blue Periwinkle Ln. to northeast corner of 0.126 ac.
parcel (Primrose Crossing Blk 28 Lot 28 *41222806*); Then west
along north boundary of said 0.126 ac. parcel to northwest corner of
said parcel; Then south along west boundary of said 0126 ac. parcel,
and Primrose Crossing Blk 28 Lots 29-42 to north ROW of Filbert
Circle; Then south along north/west ROW of Filbert Circle to
northwest corner of 0.144 ac. parcel (Primrose Crossing Blk 23 Lot 7
*41227050*); Then south along west boundary said 0.144 ac. parcel,
Primrose Crossing Blk 23 Lots 1-6 to southeast corner of 0.126 ac.
parcel (Primrose Crossing Blk 23 Lot 1 *41226984*);
Then east along south boundary of said 0.126 ac. parcel to west ROW
of Hornbeam Dr.; Then south along west ROW of Hornbeam Dr. to north
ROW of W. Risinger Rd.; Then west along north ROW of W. Risinger Rd.
to west ROW of Sweet Flag Ln; Then southwest along west ROW of Sweet
Flag Ln. to south ROW of Lacebark Elm Dr.;
Then southeast along south ROW of Lacebark Elm Dr. to north corner
of 0.17 ac. parcel (Primrose Crossing Blk 1 Lot 60 *41275284*); Then
southwest and south along west boundary of said 0.17 ac. parcel, and
Primrose Crossing Blk 1 Lot 48-59 to southwest corner of 0.37 ac.
parcel (Primrose Crossing Blk 1 Lot 48 *41275152*) and coincident
southeast corner of 68.689 ac. parcel (Albirado, Juan Jose Survey A
4 Tr 4B05 Ag *03710777*);
Then west along south boundary of said 68.689 ac. parcel to
southwest corner of said parcel and coincident east boundary of
47.14 ac. parcel (Albirado, Juan Jose Survey A 4 Tr 4A Ag
*03710521*); Then south southwest along southeast boundary of said
47.14 ac. parcel to south corner of said parcel;
Then north along west boundary of said 47.14 ac. parcel to east ROW
of Cotton Belt Rail Corridor; Then northeast along east ROW of
Cotton Belt Rail Corridor to a point due south of south corner of
7.151 ac. parcel (Hodge, Abner H Survey A1789 Tr 2A *06042252*);
Then north across ROW of Cotton Belt Rail Corridor, Old Granbury Rd,
along west boundary of said 7.151 ac. parcel, 12.844 ac. parcel
(Hodge, Abner H Survey A 1789 Tr 2 *04294521*) to northwest corner
of said 12.844 ac. parcel and coincident south boundary of 284.137
ac. parcel (Heath, John F Survey A 641 Tr 2D01 City Boundary Split
*03914127*); Then west and northwest along west boundary of said
284.137 ac. parcel, 154.161 ac. parcel (Heath, John F Survey A 641
Tr 2D02 City Boundary Split *03914143*) to northwest corner of said
154.161 ac. parcel and south ROW of Dirks Rd.; Then east along south
ROW of Dirks Rd. to west ROW of Granbury Rd. and beginning point of
1,326 ac. tract. The I-20/Granbury tract is located in southwest
Fort Worth (Tarrant County), southwest of intersection of Granbury
Road and SW Loop 820 (Interstate 20). The tract is approx. 125 acres
with beginning point at south ROW of access road of SW Loop 820
(Interstate 20) and west ROW of Trail Lake Dr.;Then south and
southwest along west ROW of Trail Lake Dr. to north ROW of Trail
Lake Dr.;Then west and southwest along north ROW of Trail Lake Dr.
to coincident south corner of 1.88 ac. parcel (Wedgwood Addition
Blk 8 Lot B1 - B2 *03327418*);Then northwest along west boundary of
said 1.88 ac. parcel, across ROW of Wheaton Dr. and along west
boundary of 0.665 ac. parcel (Wedgwood Addition Blk 1 Tract A1A
*03325342*) to northwest corner of 0.665 said parcel and coincident
east ROW of Granbury Rd.;Then northeast along east ROW of Granbury
Rd. to north ROW of Wonder Dr.;
Then north northwest across ROW of Granbury Rd, and Cotton Belt Rail
Corridor to east ROW of Walder Ave. and coincident south corner of
3.606 ac. parcel (Westcliff Addition Blk 118 Lot *03420604*);Then
north along east ROW Walder Ave. to north ROW of Chico St.;Then west
along north ROW of Chico St. to east ROW of Inverness Ave.;Then
north along east ROW of Inverness Ave. to north ROW of Belden
Ave.;Then northwest along north ROW of Belden Ave to east ROW of
South Dr.;Then north northeast along east ROW of South Dr. to south
ROW of access road of SW Loop 820 (Interstate 20);Then southeast
along south ROW of access road of SW Loop 820 (Interstate 20) to
west ROW of Trail Lake Dr. and beginning point of 125 ac. tract. The
Berry/TCU tract is located in central Fort Worth (Tarrant County),
at the intersection of W. Berry St. and Forest Park Blvd. The tract
is approx. 84 acres with beginning point south ROW of W. Bowie St.
and west ROW of Stanley Ave;
Then south along west ROW of Stanley Ave. to north ROW of Devitt
St.;
Then west along north ROW of Devitt St. to west ROW of Frazier Ave.;
Then south across W. Devitt St. to south ROW of W. Devitt St. and
northeast corner of 0.233 ac. parcel (Byers & McCart Addition Blk 16
Lot 26 & N65'25 *00393347*) and west ROW of Cotton Belt Rail
Corridor;
Then southwest along west ROW of Cotton Belt Rail Corridor to north
ROW of Benbrook Blvd.;
Then west along north ROW of Benbrook Blvd. to east ROW of McCart
Ave.;
Then north along east ROW of McCart Ave. to south ROW of Benbrook
Dr.;
Then northeast along south ROW of Benbrook Dr. to east ROW of Forest
Park Blvd;
Then north along east ROW of Forest Park Blvd. to southwest corner
of 0.143 ac. parcel (Byers & McCart Addition Blk 6 Lot 8
*00391344*);Then west across Forest Park Blvd. along south boundary
of 0.143 ac. parcel (Byers & McCart Addition Blk 7 Lot 17
*00391670*) to southwest corner of said parcel;
Then north along alley and west boundary of said 0.143 ac. parcel to
northwest corner of said parcel;Then west across alley to southeast
corner of 0.53 ac. parcel (Byers & McCart Addition Blk 7 Lot 3R2
*04876350*);Then west along south boundary of said 0.53 ac. parcel
to east ROW of McCart Ave.;Then south along east ROW of McCart Ave.
to north ROW of W. Devitt St.;Then west along north ROW of W. Devitt
St. to west ROW of Sandage Ave.;
Then north along west ROW of Sandage Ave. to southeast corner of
1.709 ac. parcel (Byers & McCart Addition Blk 9 Lot 1R
*04402073*);Then west along south boundary of said 1.709 ac. parcel
to southwest corner of said parcel and east ROW of Merida Ave;Then
south along east ROW of Merida Ave. to a point east of southeast
corner of 1.147 ac. parcel (Byers & McCart Addition Blk 10 Lts 17
Thru 24 *00392022*);Then west across ROW of Merida Ave. and along
south boundary of said 1.147 ac. parcel to southwest corner of said
parcel;Then north along west boundary of said 1.147 ac. parcel to a
point west of southeast corner of 0.287 ac. parcel (Byers & McCart
Addition Blk 10 Lot 1 Blk 10 Lot 1 & 2 *00391875*);Then west across
alley and along south boundary of said 0.287 ac. parcel to west ROW
of Lubbock Ave.;
Then south along west ROW Lubbock Ave. to southeast corner of 0.163
ac. parcel (Forest Park Addition-Ft Worth Blk 7 N50' Lt 11 & 12A
*00957429*);Then west along south boundary of said 0.163 ac.
parcel, 0.327 ac. parcel (Forest Park Addition-Ft Worth Blk 7 Lot 6R
*04813111*), across ROW of Waits Ave. and along south boundary of
0.43 ac. parcel (Forest Park Addition-Ft Worth Blk 6 Lts 14 Thru 16
*00957313*) to southeast corner of said 0.43 ac. parcel;Then north
along west boundary of said 0.43 ac. parcel to point east of
southeast corner of 0.287 ac. parcel (Forest Park Addition-Ft Worth
Blk 6 Lts 7 & 8 *00959235*);
Then west across alley along south boundary of said 0.287 ac.
parcel, across ROW of Greene Ave. and along south boundary of 0.287
ac. parcel (Forest Park Addition-Ft Worth Blk 5 Lts 15 & 16
*00957186*) to southwest corner of said 0.287 ac. parcel;
Then north along west boundary of 0.287 ac. parcel (Forest Park
Addition-Ft Worth Blk 5 Lts 15 & 16 *00957186*) to a point east of
southeast corner of 0.143 ac. parcel (Forest Park Addition-Ft Worth
Blk 5 Lot 8 *00957100*);Then west across alley, along south
boundary of said 0.143 ac. parcel, across ROW of Cockrell Ave. to
east boundary of 0.3 ac. parcel (Forest Park Addition-Ft Worth Blk 4
Lot 15R & Pt Closed Alley *04813103*);Then south along east
boundary of said 0.3 ac. parcel to southeast corner of said
parcel;Then west along south boundary of 0.3 ac. parcel (Forest
Park Addition-Ft Worth Blk 4 Lot 15R & Pt Closed Alley *04813103*),
and 0.324 ac. parcel (Forest Park Addition-Ft Worth Blk 4 Lot 7A
*07346026*) to east ROW of S. University Dr.;
Then north along east ROW of S. University Dr. to southwest corner
of 0.155 ac. parcel (Forest Park Addition-Ft Worth Blk 11 Lot 6
*00957836*) and coincident 1.67 ac. parcel (T C U Addition Blk 10
Lot 2 *41297474*);Then east, north and east along north boundary of
1.67 ac. parcel (T C U Addition Blk 10 Lot 2 *41297474*) to east ROW
of Cockrell Ave.;Then south along east ROW of Cockrell Ave. to
northwest corner of 0.163 ac. parcel (Forest Park Addition-Ft Worth
Blk 12 Lot 2 & N7'Lot 1 *00957895*);Then east along north boundary
of said 0.163 ac. parcel, across alley to west boundary of 0.307 ac.
parcel (Forest Park Addition-Ft Worth Blk 12 Lts 11 12 & N7' 10
*00957984*);Then north along west boundary of said 0.307 ac. parcel
to northwest corner of said parcel;Then east along north boundary
of said 0.307 ac. parcel to east ROW of Greene Ave.;
Then north along east ROW of Greene Ave. to south ROW of W. Bowie
St.;Then east along south ROW of W. Bowie St. to east ROW Waits
Ave.;Then south along east ROW of Waits Ave. to northwest corner of
0.45 ac. parcel (Forest Park Addition-Ft Worth Blk 14 Lot 2
2-3-4-N7'1 Blk 14 *00958166*);Then east along north boundary of
said 0.45 ac. parcel northeast corner of said parcel;Then south
along east boundary of said 0.45 to southwest corner of 0.053 ac.
parcel (Pitts Subdivision (Ft Worth) Blk Lot B *02209438*);Then
east along south boundary of 0.053 ac. parcel to east ROW of Lubbock
Ave.;Then north along east ROW of Lubbock Ave. to northwest corner
of 0.602 ac. parcel (Prospect Heights Addition Blk 21 Lot 8R
*02267195*);Then east along north boundary of said 0.602 ac. parcel
to northeast corner of said parcel;Then south along east boundary
of said 0.602 ac. parcel to a point west of northwest corner of
0.315 ac. parcel (Prospect Heights Addition Blk 21 Lot 14
14-15-N10'13 Blk 21 *02267217*);Then east along north boundary of
said 0.602 ac. parcel to east ROW of Merida Ave. and northwest
corner of 0.315 ac. parcel (Prospect Heights Addition Blk 22 Lot 10
Blk 22 Lts 10 11 & N 10' 12 *02267306*);Then east along north
boundary of said 0.315 ac. parcel, and 0.341 ac. parcel (Prospect
Heights Addition Blk 22 Lt 14 15 & N10' Lt 13 *02267322*) to east ROW
of Sandage Ave and coincident west boundary of 3.26 ac. parcel
(Prospect Heights Addition Blk 23 Lot 1R1 *02267411*);Then north
along east ROW of Sandage Ave. and west boundary of said 3.26 ac.
parcel to northwest corner of said parcel;Then east, north and east
along north boundary of 3.26 ac. parcel (Prospect Heights Addition
Blk 23 Lot 1R1 *02267411*) to east ROW of McCart Ave.;Then south
along east ROW of McCart Ave. to northwest corner of 1.176 ac.
parcel (Prospect Heights Addition Blk 24 Lot 4 Blk 24 Lt 4 To 11
N10'12 *02267462*);Then east along north boundary of 1.176 ac.
parcel (Prospect Heights Addition Blk 24 Lot 4 Blk 24 Lt 4 To 11
N10'12 *02267462*) to northeast corner of said parcel;Then south
along east boundary of said 1.176 ac. parcel to a point west of
northwest corner of 0.315 ac. parcel (Prospect Heights Addition Blk
24 Lot 14 14-15-N10'13 Blk 24 *02267489*);Then east across alley
and along north boundary of 0.315 ac. parcel (Prospect Heights
Addition Blk 24 Lot 14 14-15-N10'13 Blk 24 *02267489*) to east ROW
of Forest Park Blvd.;Then south along east ROW of Forest Park Blvd.
to south ROW of W. Berry St.;
Then east along south ROW of W. Berry St. to east ROW of Frazier
Ave;Then north along east ROW of Frazier Ave. to northwest corner of
0.335 ac. parcel (Prospect Heights Addition Blk 27 Lot 10R
*06620493*);Then east along north boundary of said 0.335 ac.
parcel, and 0.335 ac. parcel (Prospect Heights Addition Blk 27 Lts
13A 14 & 15 & Pt Cl Alley *05226635*) to east ROW of Townsend
Dr.;Then north along east ROW of Townsend Dr. to south ROW of W.
Bowie St.;Then east along south ROW of W. Bowie St. to west ROW of
Stanley Ave. and beginning point of 84 ac. tract.The Fort Worth and
Western tract is located in central Fort Worth (Tarrant County),
southwest of intersection of 8th Avenue and Windsor Place. The
tract is approx. 24 acres with beginning point at northwest corner
of 5.549 ac. parcel (Champion Warehouse Prop Blk 1 Lots 1 & 2
*00525812*) and south ROW of Windsor Place;Then south along west
boundary of said 5.549 ac. parcel to southwest corner of said
parcel;Then east, north and east along south boundary of said 5.549
ac. parcel and coincident north boundary of 14.8739 ac. parcel (A
612-3) to northeast corner of said 14.8739 ac. parcel and northwest
corner of 0.677897 ac. parcel (A 612-3F);
Then south along east boundary of said 14.8739 ac. parcel to
southeast corner of said parcel and north boundary of 6.29494 ac.
parcel (A 612-3E);Then east along north boundary of said 6.29494
ac. parcel to northeast corner of said parcel and west ROW of 8th
Ave.;Then south along west ROW of 8th Ave. to northeast corner of
4.273 ac. parcel (Southpark Station Addition Blk 2 Lot 4
*41040015*);Then west along north boundary of said 4.273 ac.
parcel, and 0.675 ac. parcel (Arocha, M J Survey A 2 Tr 1F
*41375505*) to northwest corner of said 0.675 parcel and coincident
east boundary of 17.203 ac. parcel (Park Ridge Blk 1 Lot 1R
*41475445*);Then north along east boundary of said 17.203 ac.
parcel to northeast corner of said parcel;Then west along north
boundary of said 17.203 ac. parcel to coincident southeast corner
of 2.206 acre parcel (Berkeley Blk 13 Lot 12R1 *00215562*) and
west boundary of 6.29494 ac. parcel (A 612-3E);
Then north along west boundary of said 6.29494 ac. parcel, and
14.8739 ac. parcel (A 612-3) to northwest corner of said 14.8739 ac.
parcel and south ROW of Windsor Pl.;Then east along north boundary
of said 14.8739 ac. parcel to northeast corner of said parcel and
coincident northwest corner of said 5.549 ac. parcel and beginning
point of 24 ac. tract. The Medical Center tract is located in
central Fort Worth (Tarrant County), at W. Rosedale St. and 12th
Avenue. The tract is approx. 93 acres with beginning point at north
ROW of Pennsylvania Ave. and west ROW of 9th Avenue;Then south along
west ROW of 9th Ave. to north ROW of Cooper St.;Then west along
north ROW of Cooper St. to west ROW of 9th Ave.;Then south along
west ROW of 9th Ave. to south ROW of W. Rosedale St.;Then west
northwest along south ROW of W. Rosedale St. to coincident
northeast corner of 1.69 ac. parcel (Fire Station No. 8 Addition Blk
1 Lot 1 *40621863*);Then south southwest along east boundary of
said 1.69 ac. parcel, and coincident west of 0.07 ac. parcel (Frisco
Addition Blk 1 Lots 2 & 3 *01020005*), 0.072 ac. parcel (Frisco
Addition Blk 1 N40' Lot 4 *01020013*), across 1.174 ac. parcel (Fire
Station No. 8 Addition Blk 1 Lot 2R *41407598*) to south boundary of
said 1.174 ac. parcel and north ROW of Mistletoe Blvd;Then west
along south boundary of said 1.174 ac. parcel and north ROW of
Mistletoe Blvd. to west ROW of 12th Avenue;Then south across
Mistletoe Blvd. to northeast corner of 0.114 ac. parcel (Frisco
Addition Blk 3 Lot 78 *01020145*) and west ROW of Leslie St.;
Then south along west ROW of Leslie St. to coincident southeast
corner of 0.103 ac. parcel (Frisco Addition Blk 9 Lot 56
*01020447*);Then southeast across ROW of Leslie St. to northeast
corner of 0.096 ac. parcel (Frisco Addition Blk 8 Lot 46 & E4' 47
*01020331*);Then south southeast along east boundary of said 0.096
ac. parcel to southeast corner of said parcel;
Then west along south boundary of said 0.096 ac. parcel, and Frisco
Addition Blk 8 Lots 46,47, 49-52 to southwest corner of 0.084 ac.
parcel (Frisco Addition Blk 8 Lot 52 *01020390*) and east ROW of
Cotton Belt Rail Corridor;Then north along east ROW of Cotton Belt
Rail Corridor to north ROW of W. Rosedale St.;
Then west along north ROW of W. Rosedale St. to east ROW of Forest
Park Blvd;Then north along east ROW of Forest Park Blvd. to north
ROW of Cotton Belt Rail Corridor;Then northeast along north ROW of
Cotton Belt Rail Corridor to a point due north of north corner of
1.57 ac. parcel (Shields, George Survey A1402 Tr 6 *06330819*);Then
south across ROW of Cotton Belt Rail Corridor and along east
boundary of said 1.57 ac. to southeast corner of said parcel;Then
southwest along south boundary 1.57 ac. parcel (Shields, George
Survey A1402 Tr 6 *06330819*) to coincident northeast corner of
1.213 ac. parcel (Edward Heirs Addition Blk 9 Lot B *00819344*) and
west ROW of 9th Avenue;Then south along east boundary of said 1.213
ac. parcel and west ROW of 9th Ave. to north ROW of Pennsylvania
Ave. and beginning point of 93 ac. tract. The T&P Building tract is
located in central Fort Worth (Tarrant County), at intersection of
Jennings and W. Lancaster Avenues. The tract is approx. 61 acres
with beginning point at east ROW of Cherry St. and south ROW of
Texas St.;
Then east and southeast along south ROW of Texas St. to west ROW of
Jennings Avenue;Then south along west ROW Jennings Avenue to south
ROW of W. 13th St.;Then east along south ROW of W. 13th Street to
west ROW of Throckmorton St.; Then southeast along west ROW of
Throckmorton St. to south ROW of W. 14th St.;
Then northeast along south ROW of W. 14th St.to west ROW of Houston
St.; Then southeast along west ROW of Houston St. to north ROW of W.
Lancaster Ave.; Then east along north ROW of W. Lancaster Ave. to
east ROW of Houston St.; Then south along east ROW of Houston St. to
south ROW of W. Lancaster Ave. and coincident northeast corner of
4.063 ac. parcel (Childress, John Heirs Survey A 250 Tr 4S
*03791955*); Then southeast and south along east boundary of 4.063
ac. parcel (Childress, John Heirs Survey A 250 Tr 4S *03791955*) ,
and 1.56 ac. parcel (Texas And Pacific Lofts Condo Blk Lot 5002 &
.595% Of Common Area *41167805*), 1.635 ac. parcel (Childress, John
Heirs Survey A 250 Tr 4W01 *07124430*) to southeast corner of said
1.635 ac. parcel; Then west along south boundary of 1.635 ac. parcel
(Childress, John Heirs Survey A 250 Tr 4W01 *07124430*) to west ROW
of Jennings Ave; Then north along west ROW of Jennings Ave. to
southeast corner of 1.463 ac. parcel (Jennings, Sarah G Survey A 844
Tr 8F01 *40447294*); Then west along south boundary of said 1.463
ac. parcel and 3.664 ac. parcel (Jennings, Sarah G Survey A 844 Tr
8F *07120494*) to southwest corner of said 3.664 ac. parcel; Then
northeast along west boundary of said 3.664 ac. parcel and 0.215 ac.
parcel (Texas & Pacific Railway Addn Blk 15 Lot A2 *05677270*),
0.869 ac. parcel (Texas & Pacific Railway Addn Blk 16 Lot A2
*05677289*) to northwest corner of said 0.869 ac. parcel and south
ROW of W. Lancaster Ave;Then north northwest across ROW of W.
Lancaster Ave. to southwest corner of 0.451 ac. parcel (Nance
Addition Blk 3 Lot 1 Blk 3 Lots 1 Thru 5 *01861964*) and east ROW of
Cherry St.; Then north along east ROW of Cherry St. to south ROW of
Texas St. and beginning point of 61 ac. tract. The ITC Terminal
tract is located in central Fort Worth (Tarrant County), at
intersection of E. 12th and Jones Streets. The tract is approx. 34
acres with beginning point at east ROW of Jones St. and south ROW of
E. 8th St.;
Then east along south ROW of E 8th St. to west ROW of Cotton Belt
Rail Corridor; Then south southeast along west ROW of Cotton Belt
Rail Corridor to north ROW of Stephenson St.;
Then west and northwest north along north ROW of Stephenson St. to
north ROW of E 17th St.; Then southwest along north ROW of E 17th St.
to east ROW of Calhoun St.; Then north along east ROW of Calhoun St.
to south ROW of E. 12th St.; Then southwest along south ROW of E.
12th St. to east ROW of Commerce St.;
Then north along east ROW of Commerce St. to south ROW of E 8th St.;
Then east northeast along south ROW of E. 8th St. to east ROW of
Jones St. and beginning point of 34 ac. tract.
The Stockyards/28th Street tract is located in central Fort Worth
(Tarrant County), at intersection of NW 28th and N. Main St. The
tract is approx. 348 acres with beginning point at south ROW of NE
29th St. and west ROW of Decatur Ave.;Then generally south along
west ROW of Decatur Ave., across Cotton Belt Rail Corridor to north
ROW of NE 23rd St.;Then generally west along north ROW of NE 23rd
St. to east ROW of N. Main St.;Then generally north along east ROW
of N. Main St. to south ROW of NE 29th;Then east along south ROW of
NE 29th St. to west ROW of Decatur Ave. and beginning point of 348
ac. tract.
The Beach/Meacham tract is located along the municipal boundary
between Fort Worth and west Haltom City (Tarrant County), and
centered on the intersection of N. Beach St. and Meacham Blvd. The
tract is approx. 1,504 acres with beginning point at east ROW of N.
Beach St. and south ROW of access road of NE Loop 820;
Then east along south ROW of eastbound access road of NE Loop 820 to
west ROW of Haltom Rd.;Then south along west ROW of Haltom Dr. to
southeast corner of 4.949 ac. parcel (Industrial Catering Addition
Blk 1 Lot 1 *07909403*);Then south and west along south boundary of
said 4.949 ac. parcel to southwest corner of said parcel and
coincident west boundary of 10.81 ac. parcel (Colonial Park
Addition-Haltom Blk 2 Lot 2 *05661374*);
Then south along east boundary of said 10.81 ac. parcel to south ROW
of Northern Cross Blvd;Then west along south ROW of Northern Cross
Blvd. to northeast corner of 10.018 ac. parcel (Colonial Park
Addition-Haltom Blk 6 Lot 1R1 *05661447*);Then south along east
boundary of said 10.018 ac. to southeast corner of said parcel and
north ROW of McLean Rd.;Then west along north ROW of McLean Rd. to a
point north of northeast corner of 1.979 ac. parcel (Stanley, Green
B Survey A 1378 Tr 6F *04163966*) ;
Then south across ROW of McLean Rd. along east boundary of said
1.979 ac. parcel, across ROW of Clay Ave, along east boundary of
1.181 ac. parcel (Mark, V Addition Blk 2 Lot 6R *01633724*), 1.133
ac. parcel (Mark, V Addition Blk 2 Lot 7R *01633732*), across ROW of
Murray Ave., along east boundary of 5.191 ac. parcel (Mark, V
Addition Blk 3 Lts 1R Thru 5R *01633791*), 1.106 ac. parcel
(Stanley, Green B Survey A 1378 Tr 6B01 *04163818*), 1.106 ac.
parcel (Stanley, Green B Survey A 1378 Tr 6B01 *04163818*), 2.833
ac. parcel (Stanley, Green B Survey A 1378 Tr 6B *04163796*), 0.881
ac. parcel (Meacham Ind Park Addition Blk 1 Lot 2 *06013600*) to
south ROW of Meacham Blvd;Then east along south ROW of Meacham Blvd.
to west ROW of Old Denton Rd.;
Then southwest along west ROW of Old Denton Rd, across ROW of Cotton
Belt Rail Corridor to a point north of north corner of 0.71 ac.
parcel (West Browning Addition Blk 12 Lot 1R1 *05661587*);Then
south across ROW of Old Denton Rd, and ROW T and P Rail to north
corner of said 0.71 ac. parcel;Then southeast along northeast
boundary of said 0.71 ac. parcel to north ROW of Stanley Keller
Rd.;Then southwest along north ROW of Stanley Keller Rd. to west ROW
of N. Beach St.;
Then south along west ROW of N. Beach St. to south ROW of E. Long
Ave.;Then west along south ROW of E. Long Avenue to northeast corner
of 21.103 ac. parcel (Justin Boot Co Blk 1 Lot 1 *06255159*);Then
south and southwest along east boundary of said 21.103 ac. parcel to
southeast corner of said parcel;
Then west along south boundary of said 21.103 ac. parcel, across ROW
of T and P Rail to east boundary of 55.889 ac. parcel (McCommas,
John C Survey Abst 1047 Trs 1G1 1G2 1G2A 1G5 2A 2D & 2F1
*05247470*);Then southwest along east boundary of said 55.889 ac.
parcel to south corner of said parcel and coincident east corner of
16.995 ac. parcel (McCommas, John C Survey A1047 Trs 2C 2D1 & 2E1
*06595286*) ;Then northwest, north and west along coincident
boundary of said 55.889 ac. parcel, 16.995 ac. parcel; and 1.497 ac.
parcel (McCommas, John C Survey A1047 Tr 2F *04685261*) to
northwest corner of said 1.497 ac. parcel and coincident southwest
corner of said 55.889 ac. parcel;
Then north along west boundary of said 55.889 ac. parcel, 4.02 ac.
parcel (Johnson, Mary Survey Abst 858 Tr 12B1A & 12C1A & Abst 1047
Tr 1G2C & 1G3A *06710859*) to coincident south boundary of 9.17 ac.
parcel (McCommas, John C Survey A1047 Tr 1G02B *06915426*);Then
west along south boundary of said 9.17 ac. parcel to southwest
corner of said parcel and east ROW of N. Sylvania Ave.;Then north
along east ROW of N. Sylvania Ave. across ROW Cotton Belt Rail
Corridor, and Meacham Blvd. to south ROW of Quorum Dr. (Learnside
Dr.);Then east along south ROW of Quorum Dr. (Learnside Dr.) to a
point due south of southwest corner of 22 ac. parcel (Odum, David
Survey A 1184 Trs 12J1 12J3 & 12J3F & Pt Closed St. Ag);Then north
across ROW of Quorum Dr. (Learnside Dr.) to southwest corner of 22
ac. parcel and along west boundary of said parcel to northwest
corner of said parcel;
Then east along north boundary of said 22 ac. parcel to northeast
corner of said parcel;Then south and southwest along east boundary
of said 22 ac. parcel and coincident west boundary of 15.685 ac.
parcel (Mercantile Center Addition Blk 3 Lot 4R *41398904*) to
southwest corner of said 15.685 ac. parcel;
Then east and northeast along coincident boundary of said 22 ac.
parcel and said 15.685 ac. parcel to west ROW of N. Riverside
Dr.;Then southeast along west ROW of N. Riverside Dr. to south ROW
of Quorum Dr.;Then east along south ROW of Quorum Drive to a point
south of coincident south corners of 7.551 ac. parcel (Mercantile
Center Addition Blk 5 Lot 6 *41017641*) and 36.438 ac. parcel (Odum,
David Survey A 1184 Tr 12J02 & Pt Closed Street *04599381*);Then
north along coincident boundary of said 7.551 ac. parcel and 36.438
ac. parcel to north corners of said parcels and south boundary of 5
ac. parcel (Northern Crossing Addition Blk 6 Lot 2 *06311504*);Then
east along south boundary of said 5 ac. parcel to southeast corner
of said parcel;
Then north along east boundary of said 5 ac. parcel to northeast
corner of said parcel and south ROW of Northern Cross Blvd.;
Then east along south ROW of Northern Cross Blvd. to east ROW of N.
Beach St.;Then north along east ROW of N. Beach St. to south ROW of
access road of NE Loop 820 and beginning point of 1,504 ac. tract.
The Haltom City/US 377 tract is located in north central Haltom City
(Tarrant County), at the intersection of Haltom Road and Springlake
Parkway. The tract is approx. 345 acres with beginning point at
south ROW of eastbound access road of Interstate 820 and east ROW of
Denton Hwy (US 377);
Then east along south ROW of eastbound access road of Interstate 820
to northwest corner of 8.745 ac. parcel (King, Edmund Md Survey Abst
895 Tr 1G *04965353*);Then southeast along west boundary of said
8.745 ac. parcel to southwest corner of said parcel and coincident
north boundary of 19.84 ac. parcel (Sawyer, Sarah Survey Abst 1425
Tr 1F6 *04996062*);
Then east along coincident boundary of said 8.745 and 19.84 ac.
parcels to northeast corner of said 19.84 ac. parcel;
Then south along east boundary of said 19.84 ac. parcel, 11.52 ac.
parcel (Coventry Park Addition Blk 1 Lot 2 *04986288*) to southeast
corner of said 11.52 ac. parcel and north ROW of Cotton Belt Rail
Corridor;Then west southwest along north ROW of Cotton Belt Rail
Corridor to west ROW of Denton Hwy;
Then south across ROW of Cotton Belt Rail Corridor and along west
ROW of Denton Hwy to south ROW of Glenview Dr.;
Then west along south ROW of Glenview Dr. and coincident south
boundary of 0.881 ac. parcel (Kisabeth Addition Blk 1 Lot 3
*40097935*) , 3.855 ac. parcel (Kisabeth Addition Blk 1 Lot 2
*40097919*), 2.87 ac. parcel (Screech, William Survey A 1416 Tr 1N
*04174275*) to southwest corner of said 2.87 ac. parcel and
coincident south corner of 5.117 ac. parcel (Screech, William
Survey A 1416 Tr 1C *04467272*);Then northwest along southwest
boundary of said 5.117 ac. parcel to west corner of said parcel and
east ROW of Cotton Belt Rail Corridor;Then southwest along east ROW
of Cotton Belt Rail Corridor to east ROW of Haltom Rd.;
Then north along east ROW of Haltom Rd, across Cotton Belt Rail
Corridor to a point east of southeast corner of 17.172 ac. parcel
(Molded Products Addition Blk 1 Lot 1 *06710670*);Then west across
ROW of Haltom Rd. to southeast corner of said 17.172 ac. parcel;Then
southwest along south boundary of said 17.172 ac. parcel, and north
ROW of Cotton Belt Rail Corridor to southwest corner of said 17.172
ac. parcel and east ROW of Janada St.;Then north along east ROW of
Janada St. to north ROW of McLean Rd.;Then west along north ROW of
McLean Rd. across ROW of Union Pacific Rail to east ROW of Old
Denton Rd.;
Then northeast along east ROW of Old Denton Rd. to east ROW of
Haltom Rd.;Then northwest and north along east ROW of Haltom Rd. to
northwest corner of 29.853 ac. parcel (Hood, Alexander Survey A 682
Tr 2 A1346 Trs 1A & 1A1C A1378 Trs 5B1 5B1B & 5B2 *03925536*);Then
east, south and east along north boundary of said 29.853 ac. parcel
to east boundary of said parcel;
Then south along east boundary of said 29.853 ac. parcel, across ROW
of NE Loop 820 to south ROW of eastbound access road of NE Loop 820
(Interstate 820);Then east along south ROW of eastbound access road
of NE Loop 820 (Interstate 820) to east ROW of Denton Hwy and
beginning point of 345 ac. tract.
Save and except Springlake Park Addition, Block A, Lots 1-22;
Save and except Springlake Park Addition, Block B, Lots 1-33;
Save and except Springlake Park Addition, Block C, Lots 1-10;
Save and except Springlake Park Addition, Block D, Lots 1-14;
Save and except Springlake Park Addition, Block E, Lots 1-21;
Save and except Springlake Park Addition, Block F, Lots 1-15;
Save and except Springlake Park Addition, Reserve C, D, E, F ,G and
H;
The North Richland Hills/Iron Horse tract is located in southwest
North Richland Hills and southeast Watauga (Tarrant County), at the
intersection of Iron Horse Blvd. and Rufus Snow Dr. The tract is
approx. 413 acres with beginning point at east ROW of Ruth Snow Dr.
and coincident northwest corner of 1.013 ac. parcel (N R H
Industrial Park Addition Blk Lot 2A2 *41045513*);Then east along
north boundary of said 1.013 ac. parcel, and 2.262 ac. parcel (N R H
Industrial Park Addition Blk Lot 2A1 *04424565*) to east corner of
said 2.262 ac. parcel and west ROW of Iron Horse Blvd;Then south
along west ROW Iron Horse Boulevard, across ROW of Iron Horse Blvd.
to north corner of 1.978 ac. parcel (N R H Industrial Park Addition
Blk Lot 4A *06199704*); Then southeast and south along east
boundary of said 1.978 ac. parcel across ROW of Trinidad Drive to
south ROW and north boundary of 12.24 ac. parcel (Holiday West
Addition Blk 35 Lot 2R *04987144*);Then east along north boundary
of said 12.24 ac. parcel to northeast corner of said property and
east ROW of Westchase Dr.;Then south along east ROW of Westchase Dr.
to south ROW of Buenos Aires Drive;Then west along South ROW of
Buenos Aires Dr. to northeast corner of 0.335 ac. parcel (Holiday
West Addition Blk 33 Lot 19R2 *06084370*);
Then south along east boundary of said 0.335 ac. parcel and 4.06 ac.
parcel (Snow Heights North Addition Blk 10 Lot 4R1 *04986865*) to
south ROW Meadow Crest Drive and north boundary 9.414 ac. parcel
(Snow Heights North Addition Blk 11 Lot *04986830*);Then east along
south ROW of Meadow Crest Drive to northeast corner of said 9.414
ac. parcel;Then south along east boundary of said 9.414 ac. parcel
to South ROW of Dick Lewis Drive and north boundary of 4.778 ac.
parcel (Snow Heights North Addition Blk 14 Lot 1 *05804213*);Then
east along north boundary of said 4.778 ac. parcel to east ROW of
Thaxton Parkway;
Then south along east ROW of Thaxton Parkway to north ROW of
westbound access road of NE Loop 820;Then west along north ROW of
westbound access road of NE Loop 820 to west ROW of Cotton Belt Rail
Corridor 8.034 ac. parcel (Akers, Telitha Survey A 19 Tr 4
*03718042*);Then northeast along West ROW of Cotton Belt Rail
Corridor to coincident southeast corner of 11.59 ac. parcel (Iron
Horse Addition Blk 1 Lot 2 *41470303*);Then west along south
boundary of said 11.59 ac. parcel to southwest corner of said
parcel; Then northeast and north along west boundary of said 11.59
ac. parcel to northwest corner of said parcel and south ROW of
Browning Drive;Then north across ROW Browning Drive and southwest
corner and along west boundary of 6.293 ac. parcel (Industrial Park
Addition Blk 3 Lot 5Ra *06150713*) to northwest corner of said
parcel;Then east along north boundary of said 6.293 ac. parcel to
northeast corner of said parcel and west ROW of Wuliger Way; Then
northeast along west ROW of Wuliger Way east boundary of 4.001 ac.
parcel (Industrial Park Addition Blk 3 Lot 7 *06095895*) and
coincident west boundary of 11 ac. parcel (Industrial Park Addition
Blk 3 Lot 1 *01429078*);
Then northeast along coincident boundary of said 4.001 ac. parcel
and said 11 ac. parcel to coincident north corner of said
parcels;Then east along north boundary of said 11 ac. parcel to
northeast corner of said parcel, and coincident southwest corner of
0.53 ac. parcel (Gregory, James M Survey A 630 Tr 2 *03912027*),
Cotton Belt Rail Corridor;Then northeast along northwest boundary
of said 0.53 ac. parcel (Cotton Belt Rail Corridor) to north corner
of said parcel and west ROW of Rufe Snow Dr.;Then south along west
ROW of Rufe Snow Dr., across Cotton Belt Rail Corridor to point west
of northwest corner of 1.013 ac. parcel (N R H Industrial Park
Addition Blk Lot 2A2 *41045513*);Then east across ROW of Rufe Snow
Dr. to northwest corner of said 1.013 ac. parcel and beginning point
of 413 ac. tract.The North Richland Hills/Smithfield tract is
located in central North Richland Hills (Tarrant County), at the
intersection of Main St. and Davis Blvd. (FM 1938). The tract is
approx. 304 acres with beginning point at east ROW of Davis Blvd.
and north ROW of Odell St. Then north along east ROW of Davis Blvd.
to northwest corner of 0.331 ac. parcel (Odell, W E Addition Blk 1
Lot 29 *02071223*);Then east along north boundary of said 0.331 ac.
parcel, and Odell, W E Addition Blk 1 Lots 29-45, to northeast
corner of 0.414 ac. parcel (Odell, W E Addition Blk 1 Lot 45
*02071398*);Then south along east boundary of said 0.414 ac.
parcel, across ROW of Odell St., 0.749 ac. parcel (Odell, W E
Addition Blk 2 Lts 44 & 45 *02071916*), 3.96 ac. parcel (Culp
Addition Blk 2 Lot 8 *07385331*), across ROW of Northeast Pkwy,
8.319 ac. parcel (Culp Addition Blk 3 Lot 4 *06268161*), across ROW
of Cotton Belt Rail Corridor, 0.4 ac. parcel (Wood, Franklin Survey
A 1625 Tr 2C *04468244*), 4.58 ac. parcel (Smithfield Addition Blk M
Lts 4A & 3B1 *02782618*), 1.11 ac. parcel (Smithfield Addition Blk N
N140'X347' Lot 23 *02782677*), across ROW Main St, 1.07 ac. parcel
(Barlough, John H Survey Abst 130 Trs 1A & 1A1 *03750809*) to
southeast corner said 1.07 ac. parcel and coincident north boundary
of Sunnybrook Addition-Nrh Blk 6;Then west along north boundary of
Sunnybrook Addition-Nrh Blk 6, Lot 1-7 to northeast corner of 0.214
ac. parcel (Sunnybrook Addition-Nrh Blk 6 Lot 7 *06103693*);
Then south along east boundary of 0.214 ac. parcel, Sunnybrook
Addition-Nrh Blk 5, Lot 1-12 to south ROW of Cardinal Ln;
Then east along south ROW of Cardinal Ln. to west ROW of Amundson
Rd.;Then south along west ROW of Amundson Rd. to south ROW of Mid
Cities Blvd/Watauga Rd.;Then west along south ROW of Mid Cities
Blvd/Watauga Rd. to northeast corner 1.318 ac. parcel (Barlough,
John H Survey A 130 Tr 4C2, 4D1A & 4D3 *05697247*);
Then south along east boundary of said 1.318 ac. parcel to southeast
corner of said parcel and coincident northeast corner of 0.21 ac.
parcel (Sunny Meadow Addition-Nrh Blk A Lot 13 *03028011*);Then
west along north boundary Sunny Meadow Addition-Nrh Blk A Lot 1-13,
Sunny Meadow Addition-Nrh Blk Blk 1A Lot B and C, to northwest
corner of 0.473 ac. parcel (Sunny Meadow Addition-Nrh Blk 1A Lot B
*03028542*);Then south along west boundary of said 0.473 ac. parcel
to northeast corner of 0.582 ac. parcel (Milton Price Addition Blk 1
Lot 1 *40336492*);
Then west along north boundary of said 0.582 ac. parcel, and 0.58
ac. parcel (Barlough, John H Survey A 130 Tr 4A3A & 4A7 *03751139*)
to northwest corner of said 0.58 ac. parcel;
Then south along west boundary of said 0.58 ac. parcel to north ROW
of Newman Dr.;Then west along north ROW of Newman Dr. to west ROW of
Davis Blvd;Then southwest along west ROW of Davis Blvd. to east ROW
of Smithfield Rd. ;Then north along east ROW of Smithfield Rd. to
north ROW of Mid Cities Blvd;
Then generally west along north ROW of Mid Cities Blvd. to west ROW
of Cotton Belt Rail Corridor and coincident southeast corner of
0.111 ac. parcel (North Park Estates Blk 23 Lot 18 *01951807*);Then
east northeast along west ROW of Cotton Belt Rail Corridor to
southwest corner of 0.902 ac. parcel (Barlough Addition Blk 3 Lot 1
*00120367*);Then north along west boundary of said 0.902 ac.
parcel, to north ROW of Brandi Pl.;
Then west along Brandi Pl. to southwest corner of 1.86 ac. parcel
(Barlough Addition Blk 2 Lot 1 *00120359*);
Then north along west boundary of said 1.86 ac. parcel to northwest
corner of said parcel and south boundary of 3.61 ac. parcel
(Barlough Addition Blk 1 Lot 1A *00120332*);
Then west along south boundary of said 3.61 ac. parcel to southwest
corner of said parcel;Then north along west boundary of said 3.61
ac. parcel, and 0.249 ac. parcel (Smithfield Estates Addition Blk
Lot 7 *02784718*), 0.38 ac. parcel (Barlough, John H Survey A 130 Tr
14A03 *03752186*), 0.557 ac. parcel (McCommas, John Survey A 1040
Tr 10A *04032357*) to north ROW of Chapman Dr.;Then west along north
ROW of Chapman Dr. to east ROW of Hewitt St. and coincident
southwest corner of 2.526 ac. parcel (McCommas, John Survey A 1040
Tr 7C *04032314*);
Then north along west boundary of said 2.526 ac. parcel to northwest
corner of said parcel and coincident south boundary of 0.186 ac.
parcel (Spring Meadows Addition-Nrh Blk 1 Lot 5 *05930030*);Then
east along south boundary of Spring Meadows Addition-Nrh Blk 1 Lots
5-12 to east ROW of Smithfield Rd.;
Then north along east ROW of Smithfield Rd. to northwest corner of
1.089 ac. parcel (Crockett, John M Survey A 273 Tr 1A
*03807479*);Then east along north boundary of said 1.089 ac.
parcel, 4.671 ac. parcel (Crockett, John M Survey A 273 Tr 1B05
*03807568*), 10.3972 ac. parcel (Crockett, John M Survey Abst 273
Tr 1B Homesite *03807509*) to northeast corner of 10.3972 said
parcel and coincident southeast corner of 0.244 ac. parcel (Odell,
W E Addition Blk 3 Lot 12 *02072017*);
Then north along east boundary said 0.244 ac. parcel to south
boundary of 0.33 ac. parcel (Odell, W E Addition Blk 2 Lot 19B
*40996662*);Then east along south boundary of said 0.33 ac. parcel,
0.991 ac. parcel (Odell, W E Addition Blk 2 Lts 21 22 23 *02071665*)
to east ROW of Davis Blvd;Then north northeast along east ROW of
Davis Blvd. to north ROW of Odell St. and beginning point of 304 ac.
tract.
The Southlake tract is located in southeast Southlake (Tarrant
County), near the intersection of E. Continental Blvd. and S.
Kimball Avenue. The tract is approx. 387 acres in size with
beginning point at south ROW of S. Kimball Ave. and northwest corner
of 23.524319 ac. parcel (MCDONALD, C B SURVEY, A 1013 TR 1, ,
*04023757*);Then east and southeast along south ROW of S. Kimball
Ave. to north ROW of Cotton Belt Rail Corridor;
Then southwest along north ROW of Cotton Belt Rail Corridor, across
ROW of Brumlow Ave. to southwest corner of 14.35925 ac. parcel
(BRUMLOW INDUSTRIAL DISTRICT, LOT 4R, *05667445*);
Then generally north along west boundary of BRUMLOW INDUSTRIAL
DISTRICT, LOTS 4R, 4R1B and 5B, and GIBSON JOHN N SURVEY A 591 TRS 2J &
2L HS, TR 2, TR 2N, TR 2K, TR 2H, TR 2G HOMESITE, TR 1E HS,TR 1, to
northwest corner of 3.429709 ac. parcel (GIBSON, JOHN N SURVEY, A
591 TR1,*03900924*);Then east along north boundary of said 3.429709
ac. parcel to east ROW of Brumlow Ave. and coincident west boundary
of 5.180531ac. parcel (GIBSON, JOHN N SURVEY, A 591 TR 2E04,
HOMESITE, *03901122*);Then north along east ROW of Brumlow Ave. and
west boundary of said 5.180531 ac. parcel to northwest corner of
said parcel;Then east along north boundary of 5.180531 ac. parcel
(GIBSON, JOHN N SURVEY, A 591 TR 2E04, HOMESITE, *03901122*) to
northeast corner of said parcel and coincident west boundary of
30.724927 ac. parcel (DECKER, HARRISON SURVEY, A 438 TR 1A,
HOMESITE, *03860469*) ;
Then north along west boundary said 30.724927 ac. parcel to
northwest corner of said parcel and south ROW of E. Continental
Blvd.;Then east along south ROW of E. Continental Blvd. and said
30.724927 ac. parcel to northeast corner of said parcel;
Then south along east boundary of said 30.724927 ac. parcel to
northwest corner of 26.183479 ac. parcel (DECKER, HARRISON SURVEY,
A 438 TRS 1B3, *03860523*);Then east along north boundary of said
26.183479 ac. parcel to northeast corner of said parcel and
coincident southwest corner of 0.705182 ac. parcel (DECKER,
HARRISON SURVEY, A 438 TR 1B01C1, *06692540*);
Then north along west boundary of said 0.705182 ac. parcel,
15.693227 and 15.775182 ac. parcels (DECKER, HARRISON SURVEY, A 438
TR 1B01, *03860485* and TR 1B01A,*03860493*) to northwest corner of
said 15.775182 ac. parcel and south ROW of E, Continental
Blvd.;Then east along south ROW of E. Continental Blvd. to
northeast corner of said 15.775182 ac. parcel;
Then south along east boundary of said 15.775182 ac. parcel to
coincident northwest corner of 14.342951 ac. parcel (FINA ADDITION,
BLK 1 LOT 1, *06660819*);Then east along north boundary of said
14.342951 ac. parcel, and 5.706878 ac. parcel (MCDONALD, C B
SURVEY, ABST 1013 TRS 3B1 & 3B2, *04023811* ) to northeast corner of
said 5.70687 ac. parcel and coincident west boundary of 23.524319
ac. parcel (MCDONALD, C B SURVEY, A 1013 TR 1, *04023757*);Then
north along west boundary of said 23.524319 ac. parcel to northwest
corner of said parcel and south ROW of S. Kimball Avenue and
beginning point of 387 ac. tract.The Grapevine/Main Street tract is
located in central Grapevine (Tarrant County), at the intersection
of Dallas Road and S. Main Street. The tract is approx. 260 acres
with beginning point at east ROW of Church St. and south ROW of W.
Worth St.;Then east along south ROW of W. Worth St., across S.
Barton St. to northeast corner of 0.057925 ac. parcel (GRAPEVINE,
CITY OF, BLK 3 LOT 9A, *41083970*);
Then south along east boundary said 0.057925 ac. parcel to
northwest corner of 0.066021 ac. parcel (GRAPEVINE, CITY OF, BLK 3
LOT 5, *01089773*);Then east along north boundary of said 0.057925
ac. parcel to east ROW of S. Main St.;
Then south along east ROW of S. Main St. to northwest corner of
0.102069 ac. parcel (GRAPEVINE, CITY OF, BLK 18 LOT 4 & N2 1/2'3,
*01090747*);Then east along north boundary of said 0.102069 ac.
parcel to east ROW of Jackson St.;
Then north along east ROW of Jackson St., to northeast corner of
0.408947 ac. parcel (GRAPEVINE, CITY OF, BLK 32 LOTS A1 & 1A2,
*01091557*);Then east along north boundary of said 0.408947 ac.
parcel to west boundary of 0.913625 ac. parcel (GRAPEVINE, CITY OF,
BLK 32 LOT 2R, *07066562*);Then north along west boundary of said
0.913625 ac. parcel to south ROW of E. Worth St.;
Then east along south ROW of E. Worth St. to northeast corner of
said 0.913625 ac. parcel;Then south along east boundary of said
0.913625 ac. parcel to coincident southwest corner of 0.474 ac.
parcel (Grapevine, City Of Blk 32 Lot 3 *01091638*);
Then east along coincident boundary of said 0.913625 ac. parcel,
and 0.474 ac. parcel to coincident northwest corner of 0.16 ac.
parcel (Grapevine, City Of Blk 32 Lot 7D2 *05639611*);
Then south along coincident boundary of said 0.913625 ac. parcel,
and said 0.16 ac. parcel to south ROW of E. Franklin St.;Then east
along south ROW of E. Franklin to east ROW of Smith St.;Then south
along east ROW of Smith St. to northwest corner of 0.815 ac. parcel
(Grapevine, City Of Blk 29 Lot 1B *01091239*);Then east along north
boundary of said 0.815 ac. parcel to northeast corner of said
parcel;Then south along east boundary of said 0.815 ac. parcel to
south ROW of E. College St.;Then east along south ROW of E. College
St. to northeast corner of 1.274 ac. parcel (Grapevine, City Of Blk
22 Lot 2 *01090925*);Then south along east boundary of said 1.274
ac. parcel to south ROW of E. Hudgins St.;
Then east along south ROW of E. Hudgins St., and north ROW of Cotton
Belt Rail Corridor to west ROW of S. Dooley St.;
Then south along west ROW of S. Dooley St. to south ROW of Cotton
Belt Rail Corridor;Then west along south ROW of Cotton Belt Rail
Corridor to coincident northeast corner of 2.644 ac. parcel (Dallas
Road Addition Blk 1 Lot 1 *06597416*);
Then south along east boundary of said 2.644 ac. parcel to south ROW
of E Dallas Rd.;Then east along south ROW of E. Dallas Rd. to west
ROW of Jean St.;Then south along west ROW of Jean St. to southeast
corner of 0.626 ac. parcel (Slagle Addition Blk 1 Lot 1 *41443462*)
;Then west along south boundary of said 0.626 ac. parcel to east
boundary of 2.497 ac. parcel (M & H Addition Blk 1 Lot
1R1*41193091*);Then south along east boundary of said 2.497 ac.
parcel to south ROW of E. Nash St.;
Then east along south ROW of E. Nash St. to northeast corner of
22.758 ac. parcel (Grapevine Municipal Complex Blk1 Lot 1R
*07550588*) and coincident west boundary of 33.747 ac. parcel
(Dooley, William Survey Abst 422 Tr 1K2 1Q & Abst 755 Tr 1H
*07128339*);Then northeast and north along west boundary of said
33.747 ac. parcel and east ROW of Berry St. to north corner of said
33.747 ac. parcel;Then southeast and east along north boundary of
said 33.747 ac. parcel to east boundary of said parcel;Then south
along east boundary of said 33.747 ac. parcel to south ROW of
Hanover Dr.;Then southeast along south ROW of Hanover Dr. to
northeast corner of 4.071 ac. parcel (Hudgins, Phillip Survey A 755
Tr 1G *06927076*);
Then south along east boundary of said 4.071 ac. parcel, and 6.74
ac. parcel (Bradford, Wm Survey A 131 Tr 2F *06926983*) to southeast
corner of said 6.74 ac. parcel and north ROW of westbound access
road of W. Hwy 114 N;Then west along north ROW westbound access road
of W. Hwy 114 N to southwest corner of 6.655 ac. parcel (Bradford,
Wm Survey A 131 Tr 2E *06926975*);
Then north along west boundary of said 6.655 ac. parcel to north ROW
of Capitol St.;Then west along north ROW of Capitol St. to southwest
corner 7.44 ac. parcel (Bradford, Wm Survey A 131 Tr 2
*04470338*);Then north along west boundary of said 7.44 and
coincident east boundary of 2 ac. parcel (Trinity Industries
(Gpvne) Blk C Lot 1 *06965539*) to northeast corner of said 2 ac.
parcel;Then west along north boundary of said 2 ac. parcel to west
boundary of said 7.44 ac. parcel;
Then north northwest along west boundary of said 7.44 ac. parcel to
north ROW of Hanover Dr.;Then west along north ROW of Hanover Dr. to
east ROW of Municipal Way;Then north along east ROW of Municipal Way
to a point east of southeast corner of 2 ac. parcel (Trinity
Industries (Gpvne) Blk C Lot 1 *06965539*);
Then west along south boundary of said 2 ac. parcel to west ROW S.
Main St.;Then south along west ROW of S. Main St. to southeast
corner of 0.561 ac. parcel (Dooley, William Survey A 422 Tr 1F01
*04482174*);Then west along south boundary of said 0.561 ac.
parcel, 0.23 ac. parcel (Daniel, J J Addition Blk 4 Lot 2
*00695246*), and 0.246 ac. parcel (Daniel, J J Addition Blk 3 Lot 8
*00695165*), 0.242 ac. parcel (Daniel, J J Addition Blk 3 Lot 2
*00695106*) to west ROW of S. Pine St.;
Then north along west ROW of S. Pine St. to southeast corner of
0.165 ac. parcel (Daniel, J J Addition Blk 1 Lot 6 *00694983*);
Then west along south boundary of said 0.165 ac. parcel to southwest
corner of said parcel;Then north along west boundary of said 0.165
ac. parcel to coincident southeast corner of 0.233 ac. parcel
(Bellaire Addition-Grapevine Blk 5 Lot 5 *00152803*);
Then west along south boundary of said 0.233 ac. parcel to west ROW
of Bellair Dr.;Then north along west ROW of Bellair Dr. to north ROW
of Terrace Dr.;Then west along north ROW of Terrace Dr. to southwest
corner of 0.191 ac. parcel (Bellaire Addition-Grapevine Blk 3 Lot
25 *00152595*);Then north along west boundary of said 0.191 ac.
parcel to northwest corner of said 0.191 and coincident southeast
corner 0.21 ac. parcel (Bellaire Addition-Grapevine Blk 3 Lot 3
*00152358*);Then west southwest along south boundary of said 0.21
ac. parcel, and 0.206 ac. parcel (Bellaire Addition-Grapevine Blk 3
Lot 4 50% Undivided Interest *00152366*) to southwest corner of
said 0.206 ac. parcel;Then northwest along west boundary of said
0.206 ac. parcel to south ROW of W. Nash St.;Then northeast along
south ROW of W. Nash St. to a point south of southwest corner of
0.227 ac. parcel (Bellaire Addition-Grapevine Blk 1 Lot 7
*00152129*);
Then northwest across ROW of W. Nash St. along west boundary of said
0.227 ac. parcel to northwest corner of said parcel and coincident
southeast boundary of 4.122 ac. parcel (Bellaire
Addition-Grapevine Blk 1 Lot Ar *06110215*);
Then southwest along southeast boundary of said 4.122 ac. parcel to
southeast corner of said parcel;Then west along south boundary of
said 4.122 ac. parcel to east ROW of William D. Tate Ave.;Then north
along east ROW of William D. Tate Ave./Ball St., ROW of Cotton Belt
Rail Corridor to southwest corner of 0.31 ac. parcel (Foster, A
Heirs Survey A 518 Trs 10N3A1 & 10N3B *04486617*);Then east along
south boundary of said 0.31 ac. parcel to southeast corner of said
parcel;
Then north along east boundary of said 0.31 ac. parcel to south ROW
of Homestead Ln.;Then east along south ROW of Homestead Ln. to a
point south of southeast corner of 0.899 ac. parcel (Dyer
Professional Addition Blk 1 Lot 1 *06501745*) ;
Then north along east boundary of said 0.899 ac. parcel, 0.207 ac.
parcel (Foster, A Heirs Survey A 518 Tr 10D01 *04486374*), and 0.6
ac. parcel (Foster, A Heirs Survey A 518 Tr 10D *04486366*) to south
ROW of W. College St.;
Then east along south ROW of W. College St. to a point south of 0.31
ac. parcel (Foster, A Heirs Survey A 518 Tr 10E01 *04486390*);Then
generally north along west boundary of said 0.31 ac. parcel, and
3.508 ac. parcel (First United Meth Church/Gvine Blk 3 Lot 1
*07719868*) to north boundary of said 3.508 ac. parcel;Then east
along north boundary of said 3.508 ac. parcel to east ROW of S.
Scribner St.;
Then south along east ROW of S. Scribner St. to southwest corner of
0.349 ac. parcel (Grapevine, City Of Blk 8 Lot 1R *05778360*) and
coincident north boundary of 5.961 ac. parcel (First United Meth
Church/Gvine Blk 1 Lot1R *07719884*);Then generally east along
coincident boundary of said 0.349 ac. and 5.961 ac. parcels, and
coincident south boundary of 0.428 ac. parcel (Grapevine, City Of
Blk 8 Lot A1 *01090151*) to southeast corner of said 0.428 ac.
parcel;Then north along east boundary of said 0.428, and coincident
west boundary of said 5.961 ac. parcel to northeast corner of 0.428
ac. parcel and north corner of said 5.961 ac. parcel;Then east along
north boundary of said 5.961 ac. parcel to east Row of Church
St.;Then north along east ROW of Church St. to south ROW of W. Worth
St. and beginning point of 260 ac. tract. The North Airport tract is
located in east Grapevine (Tarrant County), and northwest of
intersection of Texas Highway 121 (International Parkway) and Texas
Highway 114. The tract is approx. 1,483 acres with beginning point
at east ROW of State Highway 26 and south ROW of Bass Pro Drive;
Then east along south ROW of Bass Pro Drive to west ROW of
southbound access road of Texas Highway 121;Then south along west
ROW of southbound access road of Texas Highway 121 to north boundary
of 141.419 ac. parcel (Hood, Morgan Survey A 699 Trs 4 & 5
*03936104*);Then east along north boundary of said 141.419 ac.
parcel, across ROW of Texas Highway 121 to east ROW of northbound
access road ROW of Texas Highway 121 and northeast corner of said
parcel;Then southeast along east boundary of said 141.419 ac.
parcel to southeast corner of said parcel;
Then northwest and west along south boundary of said 141.419 ac.
parcel to coincident northeast corner of 32.188519 ac. parcel (A
699-5);Then south along east boundary of said 32.188519 ac. parcel
to coincident north boundary of 47.55 ac. parcel (Winn, William
Survey A 1661 Tr 1*04260562*);Then east along north boundary of
said 47.55 ac. parcel to northeast corner of said parcel;Then south
along east boundary of said 47.55 ac. parcel, across ROW of Cotton
Belt Rail Corridor to southeast corner of said parcel;Then west
along south boundary of said 47.55 ac. parcel, across ROW of Cotton
Belt Rail Corridor to coincident northeast corner of 10 ac. parcel
(Owen, William E Survey A 1193 Tr 1 *04085825*);Then south along
east boundary of said 10 ac. parcel, across ROW of Cotton Belt Rail
Corridor, and 32.2 ac. parcel (Owen, William E Survey A 1193 Tr 2
*04085949*), and 150.62 ac. parcel (Hope, C C Survey A 735 Trs 1 & 2
*03952959*) to southeast corner of said 150.62 ac. parcel;Then west
along south boundary of said 150.62 ac. parcel, across ROW of State
Highway 114/121 to south boundary of 63.953 ac. parcel (Dunn, John C
Survey A 433 Trs 1 & 1A *03860124*);Then southwest along south
boundary of said 63.953 ac. parcel, and north ROW of westbound
access road of State Highway 114/121, across ROW of Texan Trail to
east ROW of Minters Chapel;Then north along east ROW of Minters
Chapel Rd. to southwest corner of 1.659 ac. parcel (Air-Land
Addition Blk 1 Lot 1A *04972295*);
Then east along south boundary of said 1.659 ac. parcel to southeast
corner of said parcel;Then north along east boundary of said 1.659
ac. parcel, and 1.332 ac. parcel (Hollingsworth Addition Blk 1 Lot 1
*41558820*) to coincident southwest corner of 6.41 ac. parcel (D F W
Air Freight Centre Addn Blk Lot 2 *05668816*);Then east along south
boundary of said 6.41 ac. parcel to east ROW of Texan Trail;Then
north along east ROW of Texan Trail, across ROW of Cotton Belt Rail
Corridor to a point east of southeast corner of 2.12 ac. parcel
(Grapevine Station Blk 1 Lot 1 *40681084*);Then west southwest
across ROW of Texan Trail, along north ROW of Cotton Belt Rail
Corridor and coincident south boundary of said 2.12 ac. parcel, and
Grapevine Station Blk 1 Lot 2,3 and 4, and 3.348 ac. parcel
(Grapevine Station Blk 2A Lot 2A *41193962*) to southwest corner of
said 3.348 ac. parcel;Then north along west boundary of said 3.348
ac. parcel and 2.166 ac. parcel (Grapevine Station Blk 2A Lot 1Ra1
*41572971*) to east ROW of Eckley St.;Then north along east ROW of
Eckley St. to north ROW of E. Wall St.;Then west along north ROW of
E. Wall St. to southwest corner of 4.66 ac. parcel (Grapevine Corner
Blk 1 Lot 1 *41039971*) ;Then north along west boundary of said 4.66
ac. parcel to northwest corner of said parcel and south ROW of E.
Northwest Hwy.;Then east along south ROW of E. Northwest Hwy. to
east ROW of Texan Trail and south ROW of State Highway 26;Then
northeast along south ROW of State Highway 26 to south ROW of Bass
Pro Dr. and beginning point of 1,483ac.tract.The North Lake tract
is located along the common municipal boundaries of Coppell, Dallas
and Irving (Dallas County), and east of the intersection of S.
Denton Tap Rd. and E. Belt Line Rd. The tract is approx. 493 acres
with beginning point at west ROW of Sanders Loop and south ROW of E.
Belt Line Rd.;Then north to north ROW of E. Belt Line Rd. and south
boundary of 6.4947 ac. parcel (RIVERSIDE CHURCH OF CHRIST BLK 1 LOT
1 ACS 6.4947);Then east along north ROW of E. Belt Line Rd. to east
ROW of Northlake Dr.;Then north along east ROW of Northlake Dr. and
coincident west boundary of 11.28 ac. parcel (NORTHLAKE BUSINESS
CENTER PH 1 BLK 2 ACS 11.28) to south ROW of Cotton Belt Rail
Corridor and northwest corner of said 11.28 ac. parcel;Then east
northeast along south ROW of Cotton Belt Rail Corridor and north
boundary of said 11.28 ac. parcel, and ac. parcel (SHAKE & SHINGLE
REPLAT BLK A LT 1R ACS 10.202 ), ac. parcel (MCKINNEY & WMS ABST 1054
PG 705 TR 2 ACS 10.5304 ), 27.07 ac. parcel, 1.5820 ac. parcel
(JACOB G CARLOCK ABST 312 PG 405 TR 10 ACS 1.5820, and 2.9968 ac.
parcel (JACOB G CARLOCK ABST 312 PG 405 TR 1.2 ACS 2.9968 FORMERLY
BLK 8462) to northeast corner of said 2.9968 ac. parcel; Then south
along east boundary of said 2.9968 ac. parcel to south ROW of E.
Belt Line Rd.;Then east northeast along south ROW of E. Belt Line
Rd. to northwest corner of ac. parcel (BLK 8461 TR 1.6 ACS 6.2166)
and boundary of Cypress Waters District; Then south along west
boundary of said 6.2166 ac. parcel to southwest corner of said
parcel and boundary of Cypress Water District; Then east along
south boundary of said 6.2166 ac. parcel and Cypress Waters
District, to southeast corner of said parcel and coincident west
boundary of 9.748 ac. parcel (BLK 8461 TR 1.4 ACS 9.748 SWC BELTLINE &
NORTHLAKE);Then east and south along west boundary of said 9.748
ac. parcel and boundary of Cypress Waters District to south
boundary of said parcel;Then southeast along south boundary of said
9.748 ac. parcel and boundary of Cypress Waters District to
southeast corner of said parcel and west ROW of S. North Lake
Rd.;Then north along west ROW of S. North Lake Rd. to south ROW of E.
Belt Line Rd.;Then east southeast along south ROW of E. Belt Line
Rd. to northeast corner of 6.2 ac. parcel (JOHN C COOK ABST 315 PG
420 PT TR 2.3 6.2 AC);Then northeast across ROW of E. Belt Line Rd.,
across ROW of Cotton Belt Rail Corridor and along west boundary of
1.7836 ac. parcel (COPPELL CROSSING BLK 1 PT LT 2 ACS 1.7836), 2.1
ac. parcel (COPPELL CROSSING BLK 1 LT 2.1 ACS 1.4944) to north
corner of said 2.1 ac. parcel;Then south along east boundary of said
2.1 ac. parcel and coincident northwest corner of 2.9148 ac. parcel
(COPPELL CROSSING BLK 1 LT 1 ACS 2.9148);Then east along north
boundary of said 2.9148 ac. parcel to east ROW of S. MacArthur
Blvd.;
Then north northeast along east ROW of S. MacArthur Blvd. to south
ROW of Riverchase Dr.;Then east southeast along south ROW of
Riverchase Dr. to northeast corner of 3.0170 ac. parcel (GRAND CAR
WASH LT 2 ACS 3.0170);Then south along east boundary of said 3.0170
ac. parcel, ac. parcel (RIVERCHASE PLAZA PH 1 LT E ACS 2.073 ),
across ROW of Cotton Belt Rail Corridor to south ROW of E. Belt Line
Rd.;Then east along south ROW of E. Belt Line Rd. to northeast
corner 5.1239 ac. parcel (VALLEY RANCH CENTER LT C ACS 5.1239);Then
south along east boundary of said 5.1239 ac. parcel to southeast
corner of said parcel;
Then west along south boundary of said 5.1239 ac. parcel, and 3.5159
ac. parcel (VALLEY RANCH CENTER LT BR3 ACS 3.5159) to west ROW of S.
MacArthur Blvd.;Then south along west ROW of S. MacArthur Blvd. to
southeast corner of 1.1712 ac. parcel (S THOMPSON ABST 1493 PG 575
TR 4.2 ACS 1.1712);
Then west along south boundary of said 1.1712 ac. parcel to
southwest corner of said parcel and coincident southeast corner of
23.5132 ac. parcel (JOHN C COOK ABST 315 PG 420 TR 2.9 ACS 23.5132
CALC);Then generally west along south boundary of said 23.5132 ac.
parcel, and coincident north boundary of 2.772 ac. parcel (BLK 8460
SPLIT 4 ACS 2.772 CALC (IN CREEK)) to a point north northeast of
east corner of 6.4688 ac. parcel (A T CROW ABST 1668 PG 330 TR 1.1
ACS 6.4688 CALC);
Then south southwest across 2.772 ac. parcel (BLK 8460 SPLIT 4 ACS
2.772 CALC (IN CREEK)) and along east boundary of 6.4688 said parcel
to southeast corner of said ac. parcel;
Then west along south boundary of said 6.4688 ac. parcel, 14.0394
ac. parcel (JOHN C COOK ABST 315 PG 420 TR 2.10 ACS 14.0394), and
JOHN C COOK ABST 315 PG 420 TR 2, TR 2.10 And TR 2.11 to coincident
northeast corner of 22.729 ac. parcel (BLK 8470 ACS 22.729 EAST SIDE
NORTHLAKE);Then south along east boundary of said 22.729 ac.
parcel, and 18.9745 ac. parcel (BLK 8470 SPLIT 12 ACS 18.9745 EAST
TRACT 1B), 16.8657 ac. parcel (BLK 8470 SPLIT 19 ACS 16.8657) to
southeast corner of said 16.8657 ac. parcel;Then west along south
boundary of said 16.8657 ac. parcel to southwest corner of said
parcel;
Then north along west boundary of said 16.8657 ac. parcel, and
18.9745 ac. parcel (BLK 8470 SPLIT 12 ACS 18.9745 EAST TRACT 1B) to
northwest corner of said parcel and coincident southwest corner of
22.729 ac. parcel (BLK 8470 ACS 22.729 EAST SIDE NORTHLAKE);Then
northwest along west boundary of said 22.729 said, and 120.9196 ac.
parcel (BLK 8461 TR 1 ACS 120.9196 NORTHLAKE GENERATION STATION) to
south central interior corner of said 120.9196 ac. parcel;Then west
along south boundary of said 120.9196 ac. parcel to southwest
corner of said parcel and coincident southeast corner of 31.5182
ac. parcel (BLK 8461 TR 1.9 ACS 31.5182 LOC ALSO BLK 8462);Then west
and southwest along south boundary of said 31.5182 to coincident
northeast corner of 20.00 ac. parcel (BLK 8462 SPLIT 17 ACS
20.00);Then south southwest along east boundary of said 20.00 ac.
parcel to southeast corner of said parcel;Then west along south
boundary of said 20.00 ac. parcel to southwest corner of said parcel
and east ROW of Sanders Loop;Then south along east ROW of Sanders
Loop to south ROW of Sanders Loop;Then west along south ROW of
Sanders Loop to northeast corner of 5.00 ac. parcel (BLK 8462 SPLIT
18 ACS 5.00 NORTHWEST DRILL SITE);Then southeast and south along
east boundary of said 5.00 ac. parcel to southeast corner of said
parcel;Then west along south boundary of said 5.00 ac. parcel to
southwest corner of said parcel;Then north along west boundary of
said 5.00 ac. parcel to north ROW of Sanders Loop and south boundary
of 2.309 ac. parcel (COPPELL HEIGHTS LOTS 1, 2, 16 & 17 2.309 AC BELT
LINE & SANDERS LOOP);Then east along north ROW of Sanders Loop to
west ROW of Sanders Loop;
Then north along west ROW of Sanders Loop to south ROW of E. Belt
Line Rd. and beginning point of 493 ac. tract.;
Save and Except BLK 8461 TR 1.7 ACS 6.1853 INT201100289322
DD10312011 CO-DC8461 000 00107 1DA8461 000;
Save and Except BLK 8461 TR 1.8 ACS 6.2409 INT201100289321
DD10312011 CO-DC 8461 000 00108 1DA8461 000;
The Downtown Carrollton tract is located in downtown Carrollton
(Dallas County), at intersection of Belt Line Rd. West and
Interstate 35 East. The tract is approx. 237 acres with beginning
point at west ROW of southbound access road of Interstate 35 East
and south ROW of Capital Pkwy;
Then east across ROW of Interstate 35E to east ROW of northbound
access road of Interstate 35 East;
Then southeast along east ROW of northbound access road of
Interstate 35E to south ROW of Northside Dr.;
Then east along south ROW of Northside Dr. to west ROW of N.
Broadway St.;Then southeast along west ROW of N. Broadway St. to
northwest corner of 2.234 ac. parcel (MARTHA P GREEN ABST 519 PG
110, TR 8 2.234 ACS HUTTON CHANNEL);Then east along north boundary
of said 2.234 ac. parcel, across ROW of N. Broadway St. to west ROW
of N. Denton Rd.;Then south and southwest along west ROW of N.
Denton Rd. and N. Main St., across ROW of Cotton Belt Rail Corridor
to a point west of northwest corner of 0.194008 ac. parcel (NEW
CARROLLTON/AW PERRY 1, BLK 12 PT LTS 2-7 ACS 0.1940 CALC); Then east
across ROW of N. Main St., along north boundary of NEW CARROLLTON/AW
PERRY 1, BLK 12 PT LTS 2-7 ACS 0.1940 CALC, NEW CARROLLTON/AW PERRY
1, BLK 12 PTLTS 2-7&20-25, NEW CARROLLTON, BLK 12 PT LTS 20-25 ACS
0.1909, to east ROW of N. Jackson St. and west boundary of 0.552686
ac. parcel (A W PERRY 2, LOTS 1 2 & 3);Then north along west boundary
of said 0.552686 ac. parcel to northwest corner of said parcel;
Then east along north boundary of said 0.552686 ac. parcel, A W
PERRY 2, LTS 4-8, A W PERRY 2, LOTS 9 & 10; 100 X 160.5, A W PERRY 2,
BLK 15 LOTS 11-13 LESS ROW, A W PERRY, BLK 15 PT LTS 14-16 LESS ROW
to east ROW of Erie St. and west boundary of 0.5129 ac. parcel
(PERRY HEIRS, PTLTS 2-5 & ABDN ROW ACS 0.5129);Then north along east
ROW of Erie St. to northwest corner of said 0.5129 ac. parcel;Then
east along north boundary of said 0.5129 ac. parcel, and PERRY
HEIRS, TR 3 ACS 0.1350 (CALC), and PERRY HEIRS, LOTS 7 & 8 ACS 0.2663
(CALC), and BURNEY,MCCLELLAN, BLK 1 LT 1 LESS ROW ACS 0.805 to west
ROW of Clint St.;Then south along west ROW of Clint St. to a point
west of northwest corner of J H MALTPRESS 1, PT LT 1;
Then east along north boundary of J H MALTPRESS 1, PT LT 1, J H
MALTPRESS 1, BLK 1 PT LTS 2 & 3 ACS 0.5641, and J H MALTPRESS 1, BLK 1
PT LT 4 ACS 0.2739 to west ROW of N. Maryland St.;
Then south along west ROW of N. Maryland St. and S. Maryland St. to
southeast corner of 0.6805 ac. parcel (WILLIAM LARNER ABST 799 PG
517, TR 4 ACS 0.6805);Then west along south boundary of 0.6805 ac.
parcel to east boundary of 0.451 ac. parcel (STOLARSKI, BLK 1 LT 1
ACS 0.451);Then south along east boundary of said 0.451 ac. parcel
to southeast corner of said parcel;
Then west along south boundary of said 0.451, and 0.4450 ac. parcel
(WILLIAM LARNER ABST 799 PG 517, TR 2 ACS 0.4450 CALC);
Then north along west boundary of said 0.4450 ac. parcel to
coincident southeast corner of 0.3186 ac. parcel (BELTLINE PARK,
BLK A LT 1 ACS 0.3186);Then west along south boundary of said 0.3186
ac. parcel, and BELTLINE PARK, BLK A LOTS 2-3 LESS ROW, and J B
LESLEY, LOTS 1-7 LESS ROW, and WILLIAM LARNER ABST 799 PG 211, TR 29
ACS 0.3133, NEIGHBORHOOD SERVICE CENTER, BLK A LT 1 LESS ROW ACS
0.440, and D C PERRY, BLK A LTS 15-21 LESS ROW to west ROW of S. Main
St.;Then south along west ROW of S. Main St. to north ROW of W. Main
St.;Then southwest along north ROW of W. Main St. to east ROW of N.
Broadway St.;Then northwest along east ROW of N. Broadway St. to
north ROW of E. Belt Line Rd./Belt Line Rd. W;Then west and south
southwest along W. Belt Line Rd., across ROW of Interstate 35 E to
west ROW of southbound access road of Interstate 35E;
Then south southeast along west ROW of southbound access road of
Interstate 35E to south ROW of 3rd Ave.;Then west along south ROW of
3rd Ave. to west ROW of Burlington Northern Rail and coincident east
boundary of JOHN NIX ABST 1089 PT 114, TR 13 ACS 0.2531 CALC;Then
south along east boundary of said 0.2531 ac. parcel, and JOHN NIX
ABST 1089 PG 114, TR 22 ACS 1.2 to southeast corner of said 1.2 ac.
parcel;Then west along south boundary of said 1.2 ac. parcel, and
JOHN NIX ABST 1089 PG 114, TR 27.1, TR 27 and TR 25, and across ROW
of Hutton Dr., and along south boundary of ELIZABETH LAMAR ABST 797
PG 620, TR 4 ACS 2.5 to southwest corner of said 2.5 ac. parcel;Then
north northeast along west boundary of said 2.5 ac. parcel, and
ELIZABETH LAMAR ABST 797 PG 620 TR 42 ACS 0.681 to south ROW of Belt
Line Rd. W.;Then east along south ROW of Belt Line Rd. W. to a point
south of southwest corner 0.875 ac. parcel (SCHWAN'S, BLK A LOT 1
ACS 0.875);Then north across ROW of Belt Line Rd. W., across ROW of
Cotton Belt Rail Corridor , along west boundary of said 0.875 ac.
parcel to south boundary of 0.5573 ac. parcel (RICCO, BLK 1 PT LT 1
ACS 0.5573);Then west along south boundary said 0.5573 ac. parcel,
and RICCO, BLK 1 LT 1.2 ACS 0.3017, and MARTHA P GREEN ABST 519 PG
110, TR 9 ACS 4.388 HUTTON CHANNEL, and BELTLINE 35 BUSINESS PARK,
BLK B LT 1R1 ACS 3.029, and MITEX ASSOCIATES, ACS 1.0745, and
BELTLINE 35 BUSINESS PARK, BLK B LOT 1.8 ACS 1.0, and BELTLINE 35
BUSINESS PARK, BLK B PT LOT 1 ACS 1.343, and BELTLINE 35 BUSINESS
PARK REPLAT, BLK D LOT 1 ACS 0.9592 to southwest corner of said
0.9592 ac. parcel;Then north along west boundary of BELTLINE 35
BUSINESS PARK REPLAT, BLK D LOTS 1-2, CAPITAL CENTER PH 3, BLK 4 TR
1.1, CAPITAL CENTER 3 REV, LOTS 1-2 to south ROW of Capital
Pkwy.;Then east and northeast along south ROW of Capital Pkwy. to
west ROW of southbound access road of Interstate 35E and to
beginning point of 237 ac. tract.The Addison Transit Center tract
is located in northeast Addison (Dallas County), at the
intersection of Dallas North Tollway and Belt Line Road. The tract
is approx. 567 acres with beginning point at west ROW of southbound
access road of Dallas North Tollway and north ROW of Keller Springs
Road;Then south along west ROW of southbound access road of Dallas
North Tollway to south ROW of Belt Line Road;Then east along south
ROW of Belt Line Rd. to northeast corner of 1.326 ac. parcel (OAKS
NORTH-EAST 3 BLK 2 LOT C ACS 1.326);Then south along east boundary
of said 1.326 ac. parcel, 1.939 ac. parcel (OAKS NORTH-EAST 2 BLK 2
LOT B ACS 1.939), 5.91 ac. parcel (OAKS NORTH-EAST 4 BLK 2 LOT D.1
ACS 5.91), 5.3886 ac. parcel (PRESTONWOOD POND 2 TR 1 ACS 5.3886) to
east corner of said 5.3886 ac. parcel and coincident north corner of
0.2629 ac. parcel (OAKS NORTH BLK A LT 10);Then southwest and west
along east boundary of said 5.3886 to south corner of said parcel
east ROW of Montfort Dr.;Then west across ROW of Montfort Dr. and
along south boundary of VILLAGE ON THE PARKWAY LT 1A, 1B and 2A to
east ROW of northbound access road of Dallas Pkwy;
Then north along east ROW of northbound access road of Dallas Pkwy
to a point east of 0.4853 ac. parcel (PLAZA AT THE QUORUM REPLAT LT 2
ACS 0.4853);Then west along south boundary of said 0.4853 ac.
parcel, and 6.8907 ac. parcel (PLAZA AT THE QUORUM REPLAT LT 1 ACS
6.8907) to east ROW of Quorum Dr.;Then south southeast along east
ROW of Quorum Dr. to a point east of northeast corner of 3.6308 ac.
parcel (QUORUM DRIVE OFFICE BLK 2 ACS 3.6308);Then west across ROW
of Quorum Dr. and along north boundary of said 3.6308 ac. parcel to
northwest corner of said parcel;Then south along west boundary of
said 3.6308 ac. parcel to northeast corner of 1.1478 ac. parcel
(LANDMARK PLAZA BLK 2 TR 1 1.1478 AC);Then west along north boundary
of said 1.1478 ac. parcel to east ROW of Landmark Blvd;Then south
along east ROW of Landmark Blvd. to a point east of northeast corner
of 3.1625 ac. parcel (LANDMARK TR 1 ACS);Then west and southwest
across ROW of Landmark Blvd. and along north boundary of 3.1625 ac.
parcel to northwest corner of said parcel and east ROW of
Addison/Inwood Rail;Then southwest across ROW of Addison/Inwood
Rail, and Inwood Rd. to southeast corner of 0.8955 ac. parcel
(INWOOD WEST LT 1.1 ACS 0.8955);Then west along south boundary of
said 0.8955 ac. parcel to northwest corner of coincident 1.52 ac.
parcel (SULLIVAN ACS 1.52);Then south southeast along coincident
boundary of said 0.8955 and 1.52 ac. parcels to southeast corner of
said 0.8955 ac. parcel;Then west southwest along south boundary of
said 0.8955 ac. parcel, and along 1.8535 ac. parcel (INWOOD WEST PT
LT 1 ACS 1.8535) to southwest corner of said parcel;Then north along
west boundary of said 1.8535 ac. parcel to coincident southeast
corner of 1.3338 ac. parcel (DALLAS SEMICONDUCTOR BUS PK 3 BLK A LT
1 ACS 1.3338);
Then west along south boundary of said 1.3338 ac. parcel to east ROW
of Beltwood Pkwy E.;Then north along east ROW of Beltwood Pkwy E. to
north ROW of Beltwood Pkwy N.;Then west along north ROW of Beltwood
Pkwy N. to southwest corner of 1.834 ac. parcel (BELTWOOD BUSINESS
PARK 1ST INST BLK A LOT E ACS 1.834);
Then north along west boundary of said 1.834 ac. parcel to northwest
corner of said 1.834);Then east along north boundary of said 1.834
ac. parcel to southwest corner of 2.3278 ac. parcel (BELTWAY OFFICE
PARK TRACTS 5 & 6 TR 6 ACS 2.3278);
Then north along west boundary of said 2.3278 ac. parcel to south
ROW of Beltway Dr.;Then east along south ROW of Beltway Dr. to point
south of southwest corner of 0.5804 ac. parcel (HAMPTON INN HOTEL LT
2 ACS .5804);
Then north along west boundary of said 0.5804 ac. parcel to
northwest corner of said parcel and coincident south boundary of
2.2957 ac. parcel (BELTWAY OFFICE PARK TRACT 3 ACS 2.2957);
Then west along south boundary of said 2.2957 ac. parcel to
southwest corner of said parcel;Then north along west boundary of
said 2.2957 ac. parcel to south ROW of Belt Line Rd.;
Then west along south ROW of Belt Line Rd. to a point south of
southeast corner of 4.98 ac. parcel (RODEWAY INN ABST 326 TR 6 4.98
ACS PG 483);Then north along east boundary of said 4.98 ac. parcel
to south ROW of Arapaho Rd.;Then east along south ROW of Arapaho
Rd., and north boundary of ADDISON RESTAURANT PARK BLK 1 LT 4 AND LT
5 to west boundary of 19.014 ac. parcel (BELTWOOD RESERVOIR BLK A
LOT 1 ACS 19.014);Then south along west boundary of said 19.014 ac.
parcel to south ROW of Belt Line Rd.;
Then east along south ROW of Belt Line to east ROW of Addison/Inwood
Rail and a point southeast of southwest corner of 0.9909 ac. parcel
(J T MCCORDS REV ACS 0.9909 ADDISON/BELTLINE);
Then generally north along east ROW of Addison/Inwood Rail, and
coincident west boundary of J T MCCORDS REV ACS 0.9909
ADDISON/BELTLINE, and EDWARD COOK ABST 326 PG 484 TR 8 ACS 0.7050 ,
and SAMBUCA 2/FILLING STATION AMND LOT 1 and LOT 2, and ADDISON CAR
CARE BLK 1 LT 1 and LT 2.1, to northwest corner of said 1.5126 ac.
parcel (ADDISON CAR CARE BLK 1 LT 2.1 ACS 1.5126) and south ROW of
Arapaho Rd.;Then north across ROW of Arapaho Rd., across ROW of
Cotton Belt Rail Corridor, along west boundary of ac. parcel
(EDWARD COOK ABST 326 PG 482 TR 7 ACS 0.6126 (AKA TR 4)), and EDWARD
COOK ABST 326 PG 482 TR 1 ACS 0.417, and EDWARD COOK ABST 326 PG 482
TR 2 ACS 0.379 to northwest corner of said 0.379 ac. parcel;Then
east along north boundary of said 0.379 ac. parcel to east ROW of
Addison Rd.;
Then north along east ROW of Addison Rd. to northwest corner of
16200 OFFICE PARK, ACS 4.5307;
Then east along north boundary of 16200 OFFICE PARK, ACS 4.5307, and
VALLEY OF BENT TREE CONDOMINIUMS, BLDG B UNIT 272 CE .8100%, and
coincident south boundary of 4.0915 ac. parcel (STORAGE USA BLK 1
LOT 1 ACS 4.0915) to southeast corner of said 4.0915 ac. parcel and
west boundary VALLEY OF BENT TREE CONDOMINIUMS, BLDG B UNIT 272 CE
.8100%;Then north along west boundary of VALLEY OF BENT TREE
CONDOMINIUMS, BLDG B UNIT 272 CE .8100% to northwest corner of said
parcel;Then east along north boundary of VALLEY OF BENT TREE
CONDOMINIUMS, BLDG B UNIT 272 CE .8100% to east ROW of Ledge Mont
Ln.;Then south along east ROW of Ledge Mont Ln. to northwest corner
of BENT TREE TRAILS, BLK 1 LOT 1 ACS 11.871;
Then east along north boundary of BENT TREE TRAILS, BLK 1 LOT 1 ACS
11.871 to northeast corner of said parcel and coincident west
boundary of 5.236 ac. parcel (PARKSIDE CORPORATE CENTER ACS
5.236);Then south along west boundary of said 5.236 ac. parcel, and
0.5107 ac. parcel (WILLIAM LOMAX ABST 792 PG 580 TR 27 122.5X177.5
INSIDE EXEMPT 1982---177.75 FR HANGER RD), to southwest corner of
said 0.5107 ac. parcel;Then east along south boundary of said
0.5107 ac. parcel, and 0.1684 ac. and 0.5107 ac. parcels (WILLIAM
LOMAX ABST 792 PG 580, TR 28 50X122.5 INSIDE EXEMPT 1982--127.5 FR
HANGER Rd. and TR 29 122.5X127.5 EXEMPT 1982-800 FR KELLER SPRINGS
to southeast corner of said 0.5107 ac. parcel and west ROW of Quorum
Dr.;Then north along west ROW of Quorum Dr. to south ROW of
Westgrove Dr.;
Then north along south ROW of Westgrove Dr. to west ROW of
southbound access road of Dallas North Tollway; Then south along
west ROW of southbound access road of Dallas North Tollway to north
ROW of Keller Springs Road and beginning point of 567 ac. tract;
The Knoll Trail tract is located in north Dallas (Dallas County) at
the intersection of Arapaho Rd. and Knoll Trail/Montfort Dr. The
tract is approx. 346 acres with beginning point at south ROW of
Keller Springs Rd. and west ROW of Bent Tree Forest Circle;
Then east across Bent Tree Forest Circle, along south ROW of Keller
Springs Rd. and north boundary of 9.705 ac. parcel (BENT TREE FOREST
APTS, BLK A/8707 PT LOT 1 ACS 9.705) to northeast corner of said
parcel;
Then southeast, east and generally south along east boundary of
said 9.705 ac. parcel, and 9.648 ac. parcel (BENT TREE FOREST APTS,
BLK A/8707 PT LT 3 9.648 ACS), to south ROW of Cotton Belt Rail
Corridor;Then southwest along south ROW of Cotton Belt Rail
Corridor to northeast corner of 19.7714 ac. parcel (PRESTONWOOD
OAKS 2, BLK D/8222 LT 2A ACS 19.7714);Then south along east boundary
of said 19.7714 ac. parcel, across ROW of Arapaho Rd, along east
boundary of PRESTONWOOD THEATER, BLK C/8222 LT 1 ACS 5.593,
TURNBERRY ISLE, BLK A/8222 LOT 2 ACS 8.6354, and PRESTONWOOD CREEK
MULTI-USE DEV, BLK A/8222 LOT 1.3 ACS 0.2638, and PRESTONWOOD CRK
MULTI-USE DEV PH3, BLK A/8222 LT 1B ACS 4.7381 CALC, and PRESTONWOOD
CRK MULTI-USE DEV PH3, BLK A/8222 LT 1C ACS 1.1489 CALC to north ROW
of Belt Line Rd.;
Then west along north ROW of Belt Line Rd. to east ROW of northbound
access road of Dallas North Tollway;Then north along east ROW of
northbound access road of Dallas North Tollway, across ROW of
Arapaho Rd, Cotton Belt Rail Corridor, Keller Springs Rd., to
northwest corner of 2.368 ac. parcel (UNCLE JULIO'S - DALLAS
PARKWAY, BLK B/8224 LT 4 ACS 2.368);Then east along north boundary
of said 2.368 ac. parcel to east ROW of Knoll Trail Dr. and west
boundary of 5.343 ac. parcel (KELLER SPRINGS APARTMENTS, BLK C/8224
LOT 1 ACS 5.343);Then north along east ROW of Knoll Trail Dr. and
coincident west boundary of said 5.343 ac. parcel to northwest
corner of said parcel;
Then east along north boundary of said 5.343 ac. parcel, and 16.381
ac. parcel (SADDLEBROOK APARTMENTS, BLK A/8223 LOT 1 ACS 16.381) to
northeast corner of said 16.381 ac. parcel;
Then south southeast along east boundary of said 16.381 ac. parcel
to south ROW of Keller Springs Rd.;Then east along south ROW of
Keller Springs Rd. to west ROW of Bent Tree Forest Circle and
beginning point of 346 ac. tract.
The Preston Road tract is located in north Dallas (Dallas County),
east of intersection of Keller Springs Road and Preston Road. The
tract is approx. 14 acres with beginning point at south ROW of
Keller Springs Road and east ROW of Preston Rd.;
Then north northeast along south ROW of Keller Springs Road and
coincident north ROW of Cotton Belt Rail Corridor to a point
northwest of north corner of 7.1356 ac. parcel (FAIRHILL SCHOOL &
DIAGNOSTIC ASSESSMENT CENTER, BLK A/8193 LOT 1.2 ACS 7.1356);
Then southeast across ROW of Cotton Belt Rail Corridor, along
northeast boundary of said 7.1356 ac. parcel to northeast corner of
said parcel;Then south along east boundary of said 7.1356 ac.
parcel to south corner of said parcel and coincident east boundary
of 2.2694 ac. parcel (16150 PRESTON ADDN, BLK A/8193 LOT 1 ACS
2.2694);Then south southwest along east boundary of said 2.2694 ac.
parcel to southeast corner of said parcel;
Then southwest along south boundary of said 2.2694 ac. parcel to
southwest corner of said parcel;Then north along west boundary said
2.2694 ac. parcel to south corner of 1.871 ac. parcel (BLK A/8193,
LOT 1.1 ACS 1.871);Then northwest along west boundary of said 1.871
ac. parcel to west corner of said parcel and coincident south ROW of
Cotton Belt Rail Corridor;
Then north along east ROW of Preston Rd, across ROW of Cotton Belt
Rail Corridor to south ROW of Keller Springs Rd. and beginning point
of 14 ac. tract. The Renner Village tract is located in north Dallas
(Collin and Dallas County), at the intersection of Coit Rd. and
McCallum Blvd. The tract is approx. 577 acres with beginning point
at east ROW of Coit Rd. and south ROW of eastbound access road of W.
President George Bush Highway;Then east and east northeast along
south ROW of eastbound access road of W. President George Bush
Highway to northeast corner of 21.5573 ac. parcel (ABS A0553 MARTHA
MCBRIDE SURVEY, BLK 5, TRACT 9, 21.5573 ACRES);Then south along
east boundary of said 21.5573 ac. parcel to south ROW of Frankford
Rd.;Then west along south ROW of Frankford Rd. to northwest corner
of 15.0644 ac. parcel (UTD SYNERGY PARK AN INDUSTRIAL #1 (CDA), BLK
B/8735, LOT 1, 15.0644 ACRES);Then south along west boundary of
said 15.0644 ac. parcel, across ROW of Rail Corridor, to northeast
corner of 160.2007 ac. parcel (ABS A0223 JOHN CLAY SURVEY, TRACT 1
SPLIT BY COUNTY LINE, 160.2007 ACRES);
Then south along east boundary of said 160.2007 ac. parcel and to
southeast corner of said parcel (Collin/Dallas County
Boundary);Then west along south boundary of said 160.2007 ac.
parcel to coincident northeast corner of 81.1264 ac. parcel (BLK
8735, TR 2 ACS 81.1264);Then south along east boundary of said
81.1264 ac. parcel to southeast corner of said parcel;
Then west along south boundary of said 81.1264 ac. parcel to east
ROW of Coit Rd.;Then north along east ROW of Coit Rd. to a point east
of southeast corner of 10.565 ac. parcel (BLK 8199, ACS
10.565);Then west across ROW of Coit Rd, along south boundary of
said 10.565 ac. parcel to southwest corner of said parcel;Then
north along said 10.565 ac. parcel to northwest corner of said
parcel;Then east along north boundary of said 10.565 ac. parcel to
coincident southwest corner of 1.6 ac. parcel (BLK 8199, TR 1.6 ACS
1.3854 CALC);Then north along west boundary of said 1.6 ac. parcel
to northwest corner of said parcel and coincident south corner of
0.1707 ac. parcel (ABS A1114 T J YAGER SURVEY, TRACT 15 SPLIT BY
COUNTY LINE, .1707 ACRES (Collin/ Dallas County Boundary);Then west
along south boundary of said 0.1707 ac. parcel, and FRANKFURT #2
(CDA), BLK 22/8199, LOTS 12A, 12B, 12C SPLIT BY COUNTY LINE,
FRANKFURT #2 (CDA), MCCALLUM VILLAGE (CDA), BLK 26/8199, LOTS 1-2
SPLIT BY COUNTY LINE to east ROW of Meandering Way;
Then north northwest along east ROW of Meandering to north ROW of
Rail Corridor and southwest corner of 10.359 ac. parcel (ABS A0169
COLLIN COUNTY SCHOOL LAND #1 SURVEY, BLK 2, TRACT 30, 10.359 ACRES;
BLT LINE-RENN ROW (DPL));Then east northeast along south boundary
of said 10.359 ac. parcel, and north ROW of Cotton Belt Rail
Corridor to southeast corner of said 10.359 ac. parcel; Then north
northwest and north along east boundary of said 10.359 ac. parcel to
southwest corner of ac. parcel (HIGHLANDS #2 (CDA), BLK 18, LOT
1);Then east along south boundary of HIGHLANDS #2 (CDA), BLK 18,
LOTS 1-14 to east ROW of Dickerson St.;Then south along east ROW of
Dickerson St. to northwest corner of ABS A0169 COLLIN COUNTY SCHOOL
LAND #1 SURVEY, BLK 2, TRACT 42, .267 ACRES;Then east along north
boundary of said 0.267 ac. to northeast corner of said parcel and
coincident south boundary of MARIBETH DRIVE MIDDLE SCHOOL (CDA),
BLK 11/8725, LOT 2 FRANKFORD MIDDLE SCHOOL;Then generally east
northeast along south and east boundary of MARIBETH DRIVE MIDDLE
SCHOOL (CDA), BLK 11/8725, LOT 2 FRANKFORD MIDDLE SCHOOL to
northeast corner of said parcel and south ROW of Osage Plaza
Pkwy;Then west along south ROW of Osage Plaza Pkwy to a point south
of corner of 7.502 ac. parcel (ALL SAINTS CATHOLIC SCHOOL (CDA), BLK
4/8725, LOT 13, 7.502 ACRES);
Then north across ROW of Osage Plaza Pkwy, along east boundary of
said 7.502 ac. parcel to northeast corner of said parcel and
coincident northwest corner of 4.5572 ac. parcel (ABS A0169 COLLIN
COUNTY SCHOOL LAND #01 SURVEY, BLK 2, TRACT 61, 4.5572 ACRES);Then
east and north along west boundary of said 4.5572 ac. parcel, and
1.968 ac. parcel (COIT AND FRANKFORD (CDA), BLK 2/8725, LOT 51) to
northwest corner of said 1.968 ac. parcel and south ROW of Frankford
Rd.;Then west along south ROW of Frankford Rd. to a point south of
southeast corner of 31.187 ac. parcel (BUENA VISTA NORTH (CDA), BLK
A1/8759, LOT 4);
Then north along east boundary of said 31.187 ac. parcel to
northeast corner of said parcel;Then east southeast along south ROW
of eastbound access road of W. President George Bush Highway to east
ROW of Coit Rd. and beginning point of 577 ac. tract.
The UTD Synergy Park tract is located in northwest Richardson
(Collin County), south of intersection of Waterview Parkway and W.
Renner Road. The tract is approx. 377 acres with beginning point at
east ROW of Waterview Parkway and south ROW of eastbound access road
of W. President Bush Highway;
Then east along south ROW of eastbound access road of W. President
Bush Highway to northeast corner of 35.9525 ac. parcel (ABS A0586
MCCULLOUGH, F, TRACT 6, 35.9525 ACRES);
Then south along east boundary of said 35.9525 ac. parcel to
southeast corner of said parcel and north ROW of W. Renner Rd.;
Then southwest across ROW of W. Renner Rd. to south ROW and
northeast corner of (ABSTRACT A0586 MCCULLOUGH, F, TRACT 22, ACRES
3.7430);Then south along east boundary of said parcel 3.7430 ac.
parcel, ABSTRACT A0586 MCCULLOUGH, F, TRACT 21, ACRES 4.4600,
RAILROAD CORRIDOR, across ROW of Rail Corridor, ABSTRACT A0586
MCCULLOUGH, F, TRACT 20, ACRES 0.4800, RAILROAD CORRIDOR, ABSTRACT
A0586 MCCULLOUGH, F, TRACT 23, ACRES 0.5180 to south ROW of Point
North Pkwy;Then west along south ROW of Point North Pkwy. to east
ROW of Synergy Park Blvd.;Then southwest and west along east ROW of
Synergy Park Blvd. to west ROW of N. Floyd Rd. and south ROW of
Synergy Park Blvd.;Then southwest and west along south ROW of
Synergy Park Blvd. to west ROW of Waterview Pkwy.;Then north along
west ROW of Waterview Pkwy., across ROW of Cotton Belt Rail Corridor
, and west boundary of UTD SYNERGY PARK AN INDUSTRIAL #01, BLOCK
B/8735, LOT 2, ACRES 2.8677, and SYNERGY PARK (CRC), BLK A, LOT 4A,
17.049 ACRES; REPLAT to northwest corner of said 17.049 ac. parcel
and south ROW of eastbound access road of W. President Bush Highway;
Then east northeast along south ROW of eastbound access road of W.
President Bush Highway to east ROW of Waterview Parkway and
beginning point of 377 ac. tract.
The Bush Turnpike tract is located in north Richardson (Collin
County), near the intersection of President George Bush Turnpike
and North Central Expressway (US 75). The tract is approx. 330 acres
with beginning point at east ROW of N. Plano Rd. and south ROW of
eastbound access road of E. President George Bush Hwy;
Then east along south ROW of eastbound access road of E. President
George Bush Hwy. to east ROW of Wyndham Ln.;
Then south along east ROW of Wyndham Ln. to north ROW of E. Renner
Rd.;Then west along north ROW of E. Renner Rd./W. Renner Rd. to
southwest corner of 31.3725 ac. parcel (ABSTRACT A0938 VANCE JAMES
G, TRACT 1, ACRES 31.3725);Then north and northwest along west
boundary of said 31.3725 ac. parcel, and 1.4035 ac. parcel (ABS
A0938 JAMES G VANCE SURVEY, TRACT 7, 1.4035 ACRES; ROY-LAV-W PLANO
ROW) to south ROW of President George Bush Turnpike;Then east along
south ROW President George Bush Turnpike, across ROW of North
Central Expressway (US 75), and along eastbound access road of E.
President George Bush Hwy to east ROW N. Plano Rd. and beginning
point of 330 ac. tract.
The 12th Street tract is located in south Plano (Collin County), at
the intersection of K Avenue and E. Plano Parkway. The tract is
approx. 391 acres with beginning point at south ROW of 14th St. and
west ROW of Avenue N;Then south along west ROW of Avenue N, across
ROW of Cotton Belt Rail Corridor to south ROW of E. Plano Pkwy;Then
east along south ROW of E. Plano Pkwy. to east ROW of Avenue N;Then
south along east ROW of Avenue N and to north boundary of 11.3392
ac. parcel (ABS A0939 F J VANCE SURVEY, TRACT 1, 11.3392 ACRES;
ROY-LAV-W PLANO ROW);
Then east along north boundary of said 11.3392 ac. parcel to
northeast corner of said parcel;Then south along east boundary of
said 11.3392 ac. parcel to north boundary of 7.809 ac. parcel (ABS
A0939 F J VANCE SURVEY, TRACT 2, 7.809 ACRES);
Then east along north boundary of said 7.809 ac. parcel to northeast
corner of said parcel;Then south along east boundary of said 7.809
ac. parcel to north ROW of westbound access road of E. President
George Bush Highway;Then west along north ROW of westbound access
road of E. President George Bush Highway, across ROW of Avenue K,
and DART RR, to east ROW of northbound access road of North Central
Expressway (US 75);
Then north along east ROW of northbound access road of North Central
Expressway to north ROW of Cotton Belt Rail Corridor;
Then northeast along north ROW of Cotton Belt Rail Corridor to east
ROW of Avenue J;Then north along east ROW of Avenue J to south ROW of
14th St.;Then east along south ROW of 14th St. to west ROW of Avenue
N and beginning point of 391 ac. tract.
The Shiloh Area tract is located in south Plano and north Richardson
(Collin County), at the intersection of E. Plano Parkway and Shiloh
Road. The tract is approx. 400 acres with beginning point at south
ROW of 14th St. and west ROW Los Rios Blvd;Then south along west ROW
of Los Rios Blvd. and North Star Rd. to northeast corner 4.6136 ac.
parcel of (ABS A0633 J T MCCULLOUGH SURVEY, TRACT 31, 4.6136
ACRES);Then west along north boundary of said 4.6136 ac. parcel to
northwest corner of said parcel;Then south along west boundary of
said 4.6136 ac. parcel to southwest corner of said parcel and
coincident southeast corner of 6.8 ac. parcel (ABS A0633 J T
MCCULLOUGH SURVEY, TRACT 39, 6.8 ACRES);Then west along south
boundary of said 6.8 ac. parcel to coincident northeast corner of
6.8 ac. parcel (ABS A0633 J T MCCULLOUGH SURVEY, TRACT 39, 6.8
ACRES);
Then south along east boundary of said 6.8 ac. parcel to southeast
corner of said parcel;Then west along south boundary of said 6.8 ac.
parcel, and 33.271 ac. parcel (FLEXTRONIC CAMPUS (CPL), BLK A, LOT
4, 33.271 ACRES), and 11.893 ac. parcel (FLEXTRONIC CAMPUS (CPL),
BLK A, LOT 3, 11.893 ACRES), and 5.622 ac. parcel (EXPLORER PIPELINE
(CRC), LOT 1) to east ROW of Shiloh Rd.;Then north along east ROW of
Shiloh Rd. to a point east of southeast corner 14.36 ac. parcel
(PLANO TECH CENTER #2 (CPL), BLK 1, LOT 5, 14.36 ACRES);Then west
across ROW of Shiloh Rd, along south boundary of said 14.36 ac.
parcel to southwest corner of said parcel;Then north along west
boundary of said 14.36 ac. parcel to south boundary of 11.4 ac.
parcel (PLANO TECH CENTER #2 (CPL), BLK 1, LOT 1R, 11.4 ACRES;
REPLAT);
Then west along south boundary of said 14.36 ac. parcel to southwest
corner of said parcel;Then north along west boundary of said 14.36
ac. parcel to north ROW of E. Plano Pkwy.;Then west along north ROW
of E. Plano Pkwy. to east ROW of Klein Rd.;
Then north along east ROW of Klein Rd. to north ROW of Technology
Rd.;Then west along north ROW of Technology Rd. to southeast corner
of 4.109 ac. parcel (CENTRAL PLANO INDUSTRIAL PARK (CPL), BLK 21,
LOT 1R, 4.109 ACRES; REPLAT);
Then north along east boundary of said 4.109 ac. parcel, across ROW
of Cotton Belt Rail Corridor to southeast corner of 1.356 ac. parcel
(PLANO MINI WAREHOUSE (CPL), BLK A, LOT 4);
Then north along east boundary of said 1.356 ac. parcel, and 0.2588
ac. parcel (PLANO MINI WAREHOUSE (CPL), BLK A, LOT 3R) to south ROW
of 14th St.;Then east along south ROW of 14th St. to west ROW of Los
Rios Blvd. and beginning point of 400 ac. tract.
SECTION 3. This Act takes effect immediately if it receives
a vote of two-thirds of all the members elected to each house, as
provided by Section 39, Article III, Texas Constitution. If this
Act does not receive the vote necessary for immediate effect, this
Act takes effect September 1, 2013.