86(R) HB 4733 - Introduced version

	86R12672 JCG-F

	By: González of Dallas	H.B. No. 4733

A BILL TO BE ENTITLED

relating to the creation of the Oak Farms Municipal Management

District; providing authority to issue bonds; providing authority

to impose assessments, fees, and taxes.

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 3983 to read as follows:

CHAPTER 3983. OAK FARMS MUNICIPAL MANAGEMENT DISTRICT

SUBCHAPTER A. GENERAL PROVISIONS

Sec. 3983.0101. DEFINITIONS. In this chapter:

(1) "Board" means the district's board of directors.

(2) "City" means the City of Dallas.

(3) "Director" means a board member.

(4) "District" means the Oak Farms Municipal

Management District.

Sec. 3983.0102. NATURE OF DISTRICT. The Oak Farms

Municipal Management District is a special district created under

Section 59, Article XVI, Texas Constitution.

Sec. 3983.0103. PURPOSE; DECLARATION OF INTENT. (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.

(b) By creating the district and in authorizing the city 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.

develop, encourage, and maintain employment, commerce,

transportation, affordable housing, tourism, recreation, the arts,

entertainment, economic development, safety, and the public

welfare in the district.

(d) This chapter and the creation of the district may not be

interpreted to relieve the city from providing the level of

services provided as of the effective date of the Act enacting this

chapter to the area in the district. The district is created to

supplement and not to supplant city services provided in the

district.

Sec. 3983.0104. FINDINGS OF BENEFIT AND PUBLIC PURPOSE.

(a) 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.

(b) The district is created to serve a public use and

benefit.

and is essential to further the public purposes of:

(1) developing and diversifying the economy of the

state;

(2) eliminating unemployment and underemployment;

(3) promoting the development of affordable housing;

and

(4) developing or expanding transportation and

commerce.

(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

preserve, maintain, and enhance the economic health and vitality of

the district territory as a community and business center;

(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;

(4) promote the development of affordable housing in

the district; and

(5) provide for water, wastewater, drainage, road, and

recreational facilities for the district.

(e) Pedestrian ways along or across a street, whether at

grade or above or below the surface, and street lighting, street

landscaping, parking, and street art objects are parts of and

necessary components of a street and are considered to be a street

or road improvement.

(f) The district will not act as the agent or

instrumentality of any private interest even though the district

will benefit many private interests as well as the public.

Sec. 3983.0105. INITIAL DISTRICT TERRITORY. (a) The

district is initially composed of the territory described by

Section 2 of the Act enacting this chapter.

(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 bonds for the purposes

for which the district is created or to pay the principal of and

interest on the bonds;

(3) right to impose or collect an assessment or tax; or

(4) legality or operation.

Sec. 3983.0106. ELIGIBILITY FOR INCLUSION IN SPECIAL ZONES.

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; or

(2) a tax abatement reinvestment zone created under

Chapter 312, Tax Code.

Sec. 3983.0107. APPLICABILITY OF MUNICIPAL MANAGEMENT

DISTRICTS LAW. Except as otherwise provided by this chapter,

Chapter 375, Local Government Code, applies to the district.

Sec. 3983.0108. CONSTRUCTION OF CHAPTER. This chapter

shall be liberally construed in conformity with the findings and

purposes stated in this chapter.

SUBCHAPTER B. BOARD OF DIRECTORS

Sec. 3983.0201. GOVERNING BODY; TERMS. (a) The district is

governed by a board of five elected directors who serve staggered

terms of four years.

(b) Directors are elected in the manner provided by

Subchapter D, Chapter 49, Water Code.

Sec. 3983.0202. COMPENSATION; EXPENSES. (a) The district

may compensate each director in an amount not to exceed $150 for

each board meeting. The total amount of compensation for each

director in one year may not exceed $7,200.

(b) A director is entitled to reimbursement for necessary

and reasonable expenses incurred in carrying out the duties and

responsibilities of the board.

Sec. 3983.0203. INITIAL DIRECTORS. (a) The initial board

consists of the following directors:

Pos. No.

Name of Director

____________

(b) Of the initial directors, the terms of directors

appointed for positions one through three expire June 1, 2021, and

the terms of directors appointed for positions four and five expire

June 1, 2023.

SUBCHAPTER C. POWERS AND DUTIES

Sec. 3983.0301. GENERAL POWERS AND DUTIES. The district

has the powers and duties necessary to accomplish the purposes for

which the district is created.

Sec. 3983.0302. IMPROVEMENT PROJECTS AND SERVICES. (a) The

district, using any money available to the district for the

purpose, may 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.

(b) The district may contract with a governmental or private

entity to carry out an action under Subsection (a).

governmental function or service for the purposes of Chapter 791,

Government Code.

Sec. 3983.0303. 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.

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. 3983.0304. LAW ENFORCEMENT SERVICES. To protect the

public interest, the district may contract with a qualified party,

including the city, to provide law enforcement services in the

district for a fee.

Sec. 3983.0305. 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. 3983.0306. ECONOMIC DEVELOPMENT PROGRAMS. (a) The

district may engage in activities that accomplish the economic

development purposes of the district.

(b) The district may establish and provide for the

administration of one or more programs to promote state or local

economic development and to stimulate business and commercial

activity in the district, including programs to:

(1) make loans and grants of public money; and

(2) provide district personnel and services.

and exercise the economic development powers provided to

municipalities by:

(1) Chapter 380, Local Government Code; and

(2) Subchapter A, Chapter 1509, Government Code.

Sec. 3983.0307. 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.

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. 3983.0308. ADDING OR EXCLUDING LAND. The district may

add or exclude land in the manner provided by Subchapter J, Chapter

49, Water Code, or by Subchapter H, Chapter 54, Water Code.

Sec. 3983.0309. 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 district money.

Sec. 3983.0310. NO EMINENT DOMAIN POWER. The district may

not exercise the power of eminent domain.

SUBCHAPTER D. ASSESSMENTS

Sec. 3983.0401. 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.

(b) A petition filed under Subsection (a) must be signed by

the owners of a majority of the assessed value of real property in

the district subject to assessment according to the most recent

certified tax appraisal roll for the county.

Sec. 3983.0402. 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.

(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.

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.

SUBCHAPTER E. TAXES AND BONDS

Sec. 3983.0501. TAX ELECTION REQUIRED. The district must

hold an election in the manner provided by Chapter 49, Water Code,

or, if applicable, Chapter 375, Local Government Code, to obtain

voter approval before the district may impose an ad valorem tax.

Sec. 3983.0502. OPERATION AND MAINTENANCE TAX. (a) If

authorized by a majority of the district voters voting at an

election under Section 3983.0501, the district may impose an

operation and maintenance tax on taxable property in the district

in the manner provided by Section 49.107, Water Code, for any

district purpose, including to:

(1) maintain and operate the district;

(2) construct or acquire improvements; or

(3) provide a service.

(b) The board shall determine the operation and maintenance

tax rate. The rate may not exceed the rate approved at the

election.

Sec. 3983.0503. AUTHORITY TO BORROW MONEY AND TO ISSUE

BONDS AND OTHER OBLIGATIONS. (a) The district may borrow money on

terms determined by the board.

(b) The district may issue bonds, notes, or other

obligations payable wholly or partly from ad valorem taxes,

assessments, impact fees, revenue, contract payments, grants, or

other district money, or any combination of those sources of money,

to pay for any authorized district purpose.

Sec. 3983.0504. BONDS SECURED BY REVENUE OR CONTRACT

PAYMENTS. The district may issue, without an election, bonds

secured by:

(1) revenue other than ad valorem taxes, including

contract revenues; or

(2) contract payments, provided that the requirements

of Section 49.108, Water Code, have been met.

Sec. 3983.0505. BONDS SECURED BY AD VALOREM TAXES;

ELECTIONS. (a) If authorized at an election under Section

3983.0501, the district may issue bonds payable from ad valorem

taxes.

(b) Section 375.243, Local Government Code, does not apply

to the district.

partly from ad valorem taxes, the board shall provide for the annual

imposition of a continuing direct annual ad valorem tax, without

limit as to rate or amount, for each year that all or part of the

bonds are outstanding as required and in the manner provided by

Sections 54.601 and 54.602, Water Code.

(d) All or any part of any facilities or improvements that

may be acquired by a district by the issuance of its bonds may be

submitted as a single proposition or as several propositions to be

voted on at the election.

Sec. 3983.0506. BONDS AND OTHER OBLIGATIONS FOR IMPROVEMENT

UNDER AGREEMENT. If the improvements financed by an obligation

will be conveyed to or operated and maintained by a municipality or

retail utility provider pursuant to an agreement between the

district and the municipality or retail utility provider entered

into before the issuance of the obligation, the obligation may be in

the form of bonds, notes, or other obligations payable wholly or

partly from assessments, issued by public or private sale, in the

manner provided by Subchapter A, Chapter 372, Local Government

Code.

Sec. 3983.0507. CONSENT OF MUNICIPALITY REQUIRED. (a) The

board may not issue bonds until each municipality in whose

corporate limits or extraterritorial jurisdiction the district is

located has consented by ordinance or resolution to the creation of

the district and to the inclusion of land in the district.

(b) This section applies only to the district's first

issuance of bonds payable from ad valorem taxes.

SUBCHAPTER I. DISSOLUTION

Sec. 3983.0901. DISSOLUTION. (a) The board shall dissolve

the district on written petition filed with the board by the owners

of:

(1) 66 percent or more of the assessed value of the

property subject to assessment by the district based on the most

recent certified county property tax rolls; or

(2) 66 percent or more of the surface area of the

district, excluding roads, streets, highways, utility

rights-of-way, other public areas, and other property exempt from

assessment by the district according to the most recent certified

county property tax rolls.

(b) The board by majority vote may dissolve the district at

any time.

Subsection (a) or (b) if the district:

(1) has any outstanding debt until that debt has been

repaid or defeased in accordance with the order or resolution

authorizing the issuance of the debt;

(2) has a contractual obligation to pay money until

that obligation has been fully paid in accordance with the

contract; or

(3) owns, operates, or maintains public works,

facilities, or improvements unless the district contracts with

another person for the ownership and operation or maintenance of

the public works, facilities, or improvements.

(d) Sections 375.261, 375.262, and 375.264, Local

Government Code, do not apply to the district.

SECTION 2. The Oak Farms Municipal Management District

initially includes all territory contained in the following area:

TRACT 1:

DESCRIPTION, of a 35,831 square foot (0.823 acre) tract of land

situated in the Elizabeth Robertson Survey, Abstract No. 1211,

Dallas County, Texas; said tract being part of Block 22, Original

Town of Oak Cliff, an addition to the City of Dallas, Texas

according to the plat recorded in Volume 89, Page 1 of the Deed

Records of Dallas County, Texas, transcribed in Volume 3, Page 516

of the Map Records of Dallas County, Texas: said tract being all of

those certain tracts of land described in Special Warranty Deeds to

IC PROPERTIES, LLC recorded in Instrument No. 201400176345 and

201500053432 both of the Official Public Records of Dallas County,

Texas; said 35,831 square foot (0.823 acre) tract being more

particularly described as follows:

BEGINNING, at a point for corner at the intersection of the south

right-of-way line of Addison Street (a 40-foot wide right-of-way)

and the east right-of-way line of North Marsalis Avenue (a 80-foot

wide right-of-way);

THENCE, South 89 degrees, 56 minutes, 37 seconds East, along the

said south line of Addison Street, a distance of 183.75 feet to a

point for corner at the intersection of said south line of Addison

Street and the west line of a 20-foot wide alley dedicated on said

Original Town of Oak Cliff addition;

THENCE, South 00 degrees, 00 minutes, 33 seconds East, along the

said west line of the 20-foot alley, a distance of 195.00 feet to a

point for corner; said point being the northeast corner of that

certain tract of land described in Special Warranty Deed to Tony L.

Malone recorded in Volume 97108, Page 3191 of said Deed Records;

THENCE, North 89 degrees, 56 minutes, 37 seconds West, departing

the said west line of the 20-foot alley and along the north line of

said Tony L. Malone tract, a distance of 183.75 feet to a point for

corner in the said east line of North Marsalis Avenue; said point

being the northwest corner of said Tony L. Malone tract;

THENCE, North 00 degrees, 00 minutes, 33 seconds West, along the

said east line of North Marsalis Avenue, a distance of 195.00 feet

to the POINT OF BEGINNING;

CONTAINING: 35,831 square feet or 0.823 acres of land, more or less.

TRACT 2:

DESCRIPTION, of a 1.655 acre tract of land situated in the Elizabeth

Robertson Survey, Abstract No. 1211, Dallas County, Texas; said

tract being part of Block 22, Original Town of Oak Cliff, an

addition to the City of Dallas, Texas according to the plat recorded

in Volume 89, Page 1 of the Deed Records of Dallas County, Texas,

transcribed in Volume 3, Page 516 of the Map Records of Dallas

County, Texas: said tract being all of those certain tracts of land

described in Special Warranty Deeds to IC PROPERTIES, LLC recorded

in Instrument No. 201400176705 and 201400164524, 201400177468,

201400176345, 201400186992 all of the Official Public Records of

Dallas County Texas; said 1.655 acre tract being more particularly

described as follows:

BEGINNING, at a point for corner; said point being the north end of

a right-of-way corner clip at the intersection of the west

right-of-way line of North Lancaster Avenue (a 60-foot wide

right-of-way) and the north right-of-way line of East Colorado

Boulevard (a variable width right-of-way);

THENCE, South 45 degrees, 00 minutes, 06 seconds West, along said

corner clip a distance of 14.14 feet to a point for corner on the

said north line of said East Colorado Boulevard;

THENCE, along the said north line of East Colorado Boulevard the

following three (3) calls:

North 89 degrees, 59 minutes, 15 seconds West, a distance of 65.00

feet to a point for corner; said point being an offset in the said

north line on East Colorado Boulevard;

South 00 degrees, 00 minutes, 33 seconds East, along said offset a

distance of 5.00 feet to a point for corner;

North 89 degrees, 59 minutes, 15 seconds West, a distance of 108.75

feet to a point for corner at the intersection of the said north

line of East Colorado Boulevard and the east line of a 20-foot wide

alley dedicated on said Original Town of Oak Cliff addition;

THENCE, North 00 degrees, 00 minutes, 33 seconds West, along the

said east line of the 20-foot alley, a distance of 394.73 feet to a

point for corner at the intersection of the south line of Addison

Street (a 40-foot wide right-of-way) and the said east line of the

20-foot alley;

THENCE, South 89 degrees, 56 minutes, 37 seconds East, along the

said south line of Addison Street, a distance of 183.75 feet to a

point for corner at the intersection of the said west line of North

Lancaster Avenue and the said south line of Addison Street;

THENCE, South 00 degrees, 00 minutes, 33 seconds East, along the

said west line of North Lancaster Avenue, a distance of 379.59 feet

to the POINT OF BEGINNING;

CONTAINING: 72,094 square feet or 1.655 acres of land, more or less.

TRACT 3:

DESCRIPTION, of a 1.884 acre tract of land situated in the Elizabeth

Robertson Survey, Abstract No. 1211, Dallas County, Texas; said

tract being part of Block 35/3016 and 34/3015, Original Town of Oak

Cliff, an addition to the City of Dallas, Texas according to the

plat recorded in Volume 89, Page 1, transcribed to Volume 3, Page

517 of the Deed Records of Dallas County, Texas; said tract also

being all of the certain tract of land described as "Tract 1" in

Special Warranty Deed to IC Properties II, LLC recorded in

Instrument No. 201400254038 of the Official Public Records of

Dallas County, Texas; said 1.884 acre tract being more particularly

described as follows:

BEGINNING, at a point for corner at the south end of a right-of-way

corner clip at the intersection of the west right-of-way line of

R.L. Thornton Freeway (IH 35, a variable width right-of-way) and

the south right-of-way line of Colorado Boulevard (a variable width

right-of-way); said point also being the beginning of a curve to the

left;

THENCE, in a southerly direction departing said corner clip, along

the said west line of R.L. Thornton Freeway and along said curve to

the left, having a central angle of 03 degrees, 45 minutes, 11

seconds, a radius of 1,145.20 feet, a chord bearing and distance of

South 03 degrees, 21 minutes, 13 seconds West, 75.00 feet, an arc

distance of 75.01 feet to a point for corner at the end of said

curve; said point being the northeast corner of that certain tract

of land described as "Tract II" in General Warranty Deed to GRTP,

LTD. recorded in Volume 97039, Page 3052 of said Deed Records;

THENCE, South 88 degrees, 50 minutes, 55 seconds West, departing

the said west line of R.L. Thornton Freeway and along the north line

of said GRTP, LTD. tract, a distance of 53.34 feet to a point for

corner; said point being the northwest corner of said GRTP, LTD.

tract;

THENCE, South 01 degrees, 09 minutes, 05 seconds East, along the

west line of said GRTP, LTD. tract, a distance of 20.00 feet to a

point for corner; said point being the southwest corner of said

GRTP, LTD. tract;

THENCE, North 88 degrees, 50 minutes, 55 seconds East, along the

south line of said GRTP LTD. tract, a distance of 52.60 feet to a

point for corner in the said west line of R.L. Thornton Freeway;

said point being the southeast corner of said GRTP, LTD. tract and

the beginning of a non-tangent curve to the left;

THENCE, in a southerly direction, along said west line of R.L.

Thornton Freeway and along said curve to the left, having a central

angle of 07 degrees, 09 minutes, 20 seconds, a radius of 1,145.20

feet, a chord bearing and distance of South 03 degrees, 06 minutes,

07 seconds East, 142.93 feet, an arc distance of 143.02 feet to a

point for corner at the end of said curve; said point being the

northeast corner of that certain tract of land described as "Tract

1" in Warranty Deed to First Glendora Partners, LTD. recorded in

Instrument No. 201200344081 of said Official Public Records;

THENCE, South 88 degrees, 58 minutes, 13 seconds West, departing

the said west line of R.L. Thornton Freeway and along the north line

of said First Glendora Partners, LTD. tract, a distance of 212.29

feet to a point for corner in the east right-of-way line of

Jefferson Boulevard (a variable width right-of-way); said point

being the northwest corner of said First Glendora Partners, LTD.

tract;

THENCE, along the said east line of Jefferson Boulevard, the

following four (4) calls:

North 24 degrees, 16 minutes, 21 seconds West, a distance of 36.75

feet to a point for corner;

North 01 degrees, 02 minutes, 21 seconds West, a distance of 2.23

feet to a point for corner;

North 22 degrees, 37 minutes, 11 seconds West, a distance of 163.14

feet to a point for corner;

North 24 degrees, 22 minutes, 35 seconds West, a distance of 143.00

feet to a point for corner; said point being the south end of a

right-of-way corner clip at the intersection of said east line of

Jefferson Boulevard and the said south line of Colorado Boulevard;

THENCE, North 34 degrees, 57 minutes, 38 seconds East, along said

corner clip, a distance of 26.31 feet to a point for corner at the

north end of said corner clip; said point being the beginning of a

non-tangent curve to the right;

THENCE, departing the north end of said corner clip and in an

easterly direction along the said south line of Colorado Boulevard,

the following four (4) calls:

Along said curve to the right, having a central angle of 02 degrees,

22 minutes, 48 seconds, a radius of 1,151.00 feet, a chord bearing

and distance of South 84 degrees, 56 minutes, 21 seconds East, 47.81

feet, an arc distance of 47.81 feet to a point for corner at the end

of said curve; said point being the beginning of a non-tangent curve

to the right;

Along said curve, having a central angle of 06 degrees, 41 minutes,

53 seconds, a radius of 1,146.87 feet, a chord bearing and distance

of South 77 degrees, 50 minutes, 41 seconds East, 133.99 feet, an

arc distance of 134.07 feet to a point for corner at the end of said

curve; said point being the beginning of a non-tangent curve to the

right;

Along said curve, having a central angle of 07 degrees, 02 minutes,

08 seconds, a radius of 1,145.00 feet, a chord bearing and distance

of South 73 degrees, 32 minutes, 48 seconds East, 140.51 feet, an

arc distance of 140.60 feet to a point for corner at the end of said

curve;

South 35 degrees, 52 minutes, 56 seconds East, a distance of 30.23

feet to the POINT OF BEGINNING;

CONTAINING: 82,087 square feet or 1.884 acres of land, more or less.

TRACT 4:

DESCRIPTION, of a 8,925 square foot (0.205 acre) tract of land

situated in the Elizabeth Robertson Survey, Abstract No. 1211,

Dallas County, Texas; said tract being part of Lot 5, Block 37,

Original Town of Oak Cliff, an addition to the City of Dallas, Texas

according to the plat recorded in Volume 89, Page 1 of the Deed

Records of Dallas County, Texas, as Transcribed in Volume 3, Page

516 of the Map Records of Dallas County, Texas: said tract being all

of that certain tract of land described in Special Warranty Deed to

IC PROPERTIES, LLC recorded in Instrument No. 201400177829 of the

Official Public Records of Dallas County Texas; said 8,925 square

foot (0.205 acre) tract being more particularly described as

follows:

BEGINNING, at a point for corner; at the north end of a right-of-way

corner clip at the intersection of the east right-of-way line of

North Lancaster Avenue (a 60-foot wide right-of-way) and the south

right-of-way line of Colorado Boulevard (a variable width

right-of-way);

THENCE, South 89 degrees, 59 minutes, 15 seconds East, departing

the said corner clip and along the said south line of Colorado

Boulevard a distance of 162.50 feet to a point for corner at the

intersection of the said south line of Colorado Boulevard and the

west line of a 15-foot wide Alley as dedicated on said Original Town

of Oak Cliff addition;

THENCE, South 00 degrees, 00 minutes, 33 seconds East, along the

said west line of the 15-foot alley, a distance of 50.00 feet to a

point for corner; said point being the northeast corner of that

certain tract of land described in Warranty Deed with Vendor's Lien

to Auto Holding Services, LLC recorded in Instrument

No. 201700302653 of said Official Public Records;

THENCE, North 89 degrees, 59 minutes, 16 seconds West, departing

the said west line of the 15-foot alley and along the north line of

said Auto Holding Services tract, a distance of 182.50 feet to a

point for corner on the said east line of North Lancaster Avenue,

said point being the northwest corner of said Auto Holding Services

tract;

THENCE, along the said east line of North Lancaster Avenue the

following two (2) calls:

North 00 degrees, 00 minutes, 33 seconds West, a distance of 30.00

feet to a point for corner;

North 45 degrees, 00 minutes, 06 seconds East, a distance of 28.28

feet to the POINT OF BEGINNING;

CONTAINING: 8,925 square feet or 0.205 acres of land, more or less.

TRACT 5:

DESCRIPTION, of a 13.995 acre tract of land situated in the

Elizabeth Robertson Survey, Abstract No. 1211, Dallas County,

Texas; said tract being part of Block 25/3006, 26/3007 and 27/3008,

Original Town of Oak Cliff, an addition to the City of Dallas, Texas

according to the plat recorded in Volume 89, Page 1, transcribed to

Volume 3, Page 517 of the Deed Records of Dallas County, Texas; said

tract also being all of the certain tract of land described as

"Tract 2" in Special Warranty Deed to IC Properties II, LLC recorded

in Instrument No. 201400254038 of the Official Public Records of

Dallas County, Texas; said 13.995 acre tract being more

particularly described as follows:

BEGINNING, at a point for corner at the intersection of the east

right-of-way line of Jefferson Boulevard (a variable width

right-of-way) and the north right-of-way line of Colorado Boulevard

(a variable width right-of-way);

THENCE, along the said east line of Jefferson Boulevard the

following two (2) calls:

North 32 degrees, 55 minutes, 20 seconds West, a distance of 54.34

feet to a point for corner; said point being the beginning of a

curve to the right;

In a northerly direction and along said curve to the right, having a

central angle of 42 degrees, 07 minutes, 41 seconds, a radius of

1,382.69 feet, a chord bearing and distance of North 11 degrees, 51

minutes, 30 seconds West, 993.91 feet, an arc distance of 1,016.66

feet to a point for corner at the end of said curve; said point being

in a south line of that certain tract of land described in Deed to

City of Dallas recorded in Volume 74029, Page 777 of said Deed

records;

THENCE, departing the said east line of Jefferson Boulevard and

along the said south line of the City of Dallas tract, the following

three (3) calls:

South 63 degrees, 31 minutes, 11 seconds East, a distance of 56.08

feet to a point for corner; said point being the beginning of a

curve to the right;

In a southeasterly direction and along said curve to the right,

having a central angle of 10 degrees, 28 minutes, 02 seconds, a

radius of 2,649.93 feet, a chord bearing and distance of South 58

degrees, 17 minutes, 10 seconds East, 483.44 feet, an arc distance

of 484.11 feet to a point for corner at the end of said curve;

North 88 degrees, 55 minutes, 20 seconds East, a distance of 383.53

feet to a point for corner; said point being in the west

right-of-way line of Fleming Avenue (a variable width

right-of-way);

THENCE, South 01 degrees, 07 minutes, 04 seconds East, continuing

along said west line of Fleming Avenue, a distance of 335.23 feet to

an angle point in the west right-of-way line of R.L. Thornton

Freeway (IH 35E, a variable width right-of-way);

THENCE, South 29 degrees, 13 minutes, 04 seconds West, along the

said west line of R.L. Thornton Freeway, a distance of 20.93 feet to

a point for corner; said point being the northeast corner of that

certain tract of land described as "Tract I" in General Warranty

Deed to GRTP, LTD. recorded in Volume 97039, Page 3052 of said Deed

Records;

THENCE, North 76 degrees, 20 minutes, 54 seconds West, departing

the said west line of R.L. Thornton Freeway and along the north line

of said GRTP, LTD. tract, a distance of 63.26 feet to a point for

corner; said point being the northwest corner of said GRTP, LTD.

tract;

THENCE, South 09 degrees, 05 minutes, 36 seconds West, along the

west line of said GRTP, LTD. tract, a distance of 29.00 feet to a

point for corner; said point being the southwest corner of said

GRTP, LTD. tract;

THENCE, South 86 degrees, 06 minutes, 29 seconds East, along the

south line of said GRTP, LTD. tract, a distance of 57.06 feet to a

point for corner; said point being in the said west line of R.L.

Thornton Freeway and the southeast corner of said GRTP, LTD. tract;

THENCE, along said west line of R.L. Thornton Freeway, the

following three (3) calls:

South 19 degrees, 19 minutes, 21 seconds West, a distance of 11.29

feet to a point for corner;

South 26 degrees, 05 minutes, 14 seconds West, a distance of 197.95

feet to a point for corner;

South 11 degrees, 26 minutes, 43 seconds West, a distance of 181.65

feet to a point for corner at the intersection of the said west line

of R.L. Thornton Freeway and the said north line of Colorado

Boulevard;

THENCE, along the north line of said Colorado Boulevard, the

following five (5) calls:

South 88 degrees, 55 minutes, 10 seconds West, a distance of 130.76

feet to a point for corner; said point being an offset in the said

north line of Colorado Boulevard;

North 01 degrees, 04 minutes, 50 seconds West, along said offset, a

distance of 4.83 feet to a point for corner;

South 88 degrees, 55 minutes, 10 seconds West, a distance of 320.05

feet to a point for corner; said point being an offset in the said

north line of Colorado Boulevard;

South 32 degrees, 55 minutes, 47 seconds East, along said offset, a

distance of 5.69 feet to a point for corner

South 88 degrees, 55 minutes, 10 seconds West, a distance of 23.78

feet to the POINT OF BEGINNING;

CONTAINING: 609,617 square feet or 13.995 acres of land, more or

less.

TRACT 6:

DESCRIPTION, of a 15.541 acre tract of land situated in the

Elizabeth Robertson Survey, Abstract No. 1211, Dallas County,

Texas; said tract being all of Lot 1B, Block D/3000 of Oak Farms 2,

an addition to the City of Dallas, Texas according to the plat

recorded in Volume 2002237, Page 91 of the Deed Records of Dallas

County, Texas; part of Lots 6, 7, 8, 10 and all of Lot 9 of Block

24/3005 of the Oak Cliff Land Company's Revision of Blocks 23, 24A

and 24B of the Town of Oak Cliff, an addition to the City of Dallas,

Texas according the plat recorded in Volume 250, Page 264 of the

said Deed Records and all of that certain tract of land described in

Special Warranty Deed to CI OPPORTUNITY FUND IV LP, recorded in

Instrument No. 201400111568 of the Official Public Records of

Dallas County, Texas; said 15.541 acre tract being more

particularly described as follows:

BEGINNING, at a point for corner at the intersection of the north

right-of-way line of Addison Street (a 40-foot wide right-of-way)

and the east right-of-way line of North Marsalis Avenue (a 80-foot

wide right-of-way);

THENCE, along the said east line of North Marsalis Avenue the

following six (6) calls:

North 00 degrees, 02 minutes, 40 seconds East, a distance of 299.63

feet to a point for corner;

North 26 degrees, 52 minutes, 33 seconds East, a distance of 67.27

feet to a point for corner;

North 32 degrees, 11 minutes, 30 seconds West, a distance of 10.65

feet to a point for corner;

North 25 degrees, 37 minutes, 45 seconds East, a distance of 211.84

feet to a point for corner;

North 89 degrees, 59 minutes, 26 seconds East, a distance of 9.19

feet to a point for corner; said point being the beginning of a

non-tangent curve to the right;

In a northeasterly direction and along said curve to the right,

having a central angle of 20 degrees, 30 minutes, 10 seconds, a

radius of 1,003.41 feet, a chord bearing and distance of North 47

degrees, 15 minutes, 22 seconds East, 357.15 feet, an arc distance

of 359.06 feet to a point for corner at the end of said curve; said

point being in the south line of that certain tract of land

described in Deed to the City of Dallas in Volume 74029, Page 777 of

the said Deed records;

THENCE, along the said south line of the City of Dallas tract the

following six (6) calls:

South 78 degrees, 22 minutes, 12 seconds East, a distance of 61.26

feet to a point for corner;

South 84 degrees, 18 minutes, 56 seconds East, a distance of 102.65

feet to a point for corner;

South 72 degrees, 26 minutes, 05 seconds East, a distance of 46.82

feet to a point for corner;

South 49 degrees, 14 minutes, 19 seconds East, a distance of 70.27

feet to a point for corner;

South 54 degrees, 01 minutes, 02 seconds East, a distance of 37.08

feet to a point for corner;

South 63 degrees, 09 minutes, 29 seconds East, a distance of 128.40

feet to a point for corner; said point being in the west

right-of-way line of East Jefferson Boulevard (a variable width

right-of-way) and the beginning of a non-tangent curve to the left;

THENCE, along the said west line of Jefferson Boulevard the

following seven (7) calls:

In a southwesterly direction and along said curve to the left,

having a central angle of 21 degrees, 04 minutes, 04 seconds, a

radius of 1,482.69 feet, a chord bearing and distance of South 01

degrees, 06 minutes, 18 seconds West, 542.12 feet, an arc distance

of 545.19 feet to a point for corner at the end of said curve; said

point being at the intersection of the said west line of East

Jefferson Boulevard and the north line of Ewing Avenue (a 60-foot

right-of-way);

South 40 degrees, 11 minutes, 58 seconds West, a distance of 13.09

feet to a point for corner;

South 42 degrees, 29 minutes, 36 seconds West, a distance of 71.89

feet to a point for corner;

South 89 degrees, 59 minutes, 27 seconds West, a distance of 8.63

feet to a point for corner; said point being the beginning of a

non-tangent curve to the left;

In a southwesterly direction and along said curve to the left,

having a central angle of 00 degrees, 04 minutes, 25 seconds, a

radius of 1,632.86 feet, a chord bearing and distance of South 23

degrees, 55 minutes, 16 seconds West, 2.10 feet, an arc distance of

2.10 feet to a point for corner at the end of said curve; said point

being at the intersection of the said north line of Ewing Avenue and

the west line of said Ewing Avenue;

South 29 degrees, 28 minutes, 43 seconds East, a distance of 25.73

feet to a point for corner;

South 29 degrees, 27 minutes, 17 seconds East, a distance of 200.04

feet to a point for corner at the intersection of the said west line

of Jefferson Boulevard and the west line of Ewing Avenue (a 60-foot

right-of-way); said point also being the beginning of a non-tangent

curve to the right;

THENCE, along the said west line of Ewing Avenue following two (2)

calls:

In a southeasterly direction and along said curve to the right,

having a central angle of 09 degrees, 28 minutes, 25 seconds, a

radius of 437.70 feet, a chord bearing and distance of South 05

degrees, 17 minutes, 05 seconds East, 72.29 feet, an arc distance of

72.37 feet to a point for corner at the end of said curve;

South 00 degrees, 00 minutes, 45 seconds West, a distance of 173.00

feet to a point for corner; said point being the north end of a

corner clip at the intersection of the said west line of Ewing

Avenue and the north line of Colorado Boulevard (a variable width

right-of-way);

THENCE, South 45 degrees, 00 minutes, 14 seconds West, along the

said corner clip, a distance of 21.21 feet to a point for corner in

the said north line of Colorado Boulevard;

THENCE, along the north line of Colorado Boulevard the following

six (6) calls:

North 89 degrees, 59 minutes, 15 seconds West, a distance of 187.50

feet to a point for corner;

South 00 degrees, 00 minutes, 45 seconds West, a distance of 12.00

feet to a point for corner;

North 89 degrees, 59 minutes, 15 seconds West, a distance of 137.27

feet to a point for corner; said point being the beginning of a

non-tangent curve to the left;

In a northeasterly direction and along said curve to the left,

having a central angle of 04 degrees, 21 minutes, 43 seconds, a

radius of 221.12 feet, a chord bearing and distance of North 44

degrees, 31 minutes, 38 seconds East, 16.83 feet, an arc distance of

16.83 feet to a point for corner at the end of said curve;

North 89 degrees, 59 minutes, 15 seconds West, a distance of 42.52

feet to a point for corner;

North 43 degrees, 29 minutes, 48 seconds West, a distance of 21.21

feet to a point for corner in the east line of North Lancaster

Avenue (a 60-foot right-of-way);

THENCE, North 00 degrees, 00 minutes, 33 seconds West, along the

said east line of North Lancaster Avenue, a distance of 407.84 feet

to a point for corner at the intersection of the said east line of

North Lancaster Avenue and the said north line of Addison Street;

THENCE, North 89 degrees, 56 minutes, 37 seconds West, along the

said north line of Addison Street, a distance of 448.20 feet to the

POINT OF BEGINNING;

CONTAINING: 676,968 square feet or 15.541 acres of land, more or

less.

SECTION 3. (a) The legal notice of the intention to

introduce this Act, setting forth the general substance of this

Act, has been published as provided by law, and the notice and a

copy of this Act have been furnished to all persons, agencies,

officials, or entities to which they are required to be furnished

under Section 59, Article XVI, Texas Constitution, and Chapter 313,

Government Code.

(b) The governor, one of the required recipients, has

submitted the notice and Act to the Texas Commission on

Environmental Quality.

its recommendations relating to this Act with the governor,

lieutenant governor, and speaker of the house of representatives

within the required time.

(d) All requirements of the constitution and laws of this

state and the rules and procedures of the legislature with respect

to the notice, introduction, and passage of this Act have been

fulfilled and accomplished.

SECTION 4. 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, 2019.