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ST0301-ES060424 T H E • C 1 T Y •O F COPPELL R E CEBLE r F " •,� '�'�� o APR 2 6 2006 A s I a CITY MANAGER CITY OF COPPELL DATE: April 24, 2006 TO: Jim Witt, City Manager FROM: Ken Griffin, P.E., Dir. of Engineering /Public Works RE: Bethel Road Project I & II ST 03 -01 (Denton Tap to Freeport) and ST 99 -05 (Freeport to West City Limits) ' Right of Way Acquisition Since late last year, the City of Coppell has had numerous meetings with Steve Chadick concerning right -of -way required to facilitate the reconstruction of Bethel Road. In all, the city needs to acquire 21,141 square feet for drainage easements and 7,325 square feet for right -of- way from property owned by Mr. Chadick. This equates to a total of 28,467 square feet of land to be acquired by the city. According to property value information obtained from Dallas County Appraisal District (DCAD), the value of the total acquisition is $75,766. In discussions with Steve Chadick, he has expressed an interest in obtaining a portion of the city owned property immediately west of the Art Annex and south of Bethel Road. A portion of that city owned property lies within the floodplain and the northwest corner has a channel running through it. Mr. Chadick is interested in that property as a potential place to expand the parking lot for the Art Annex. He currently owns not only the Art Annex, but also the property south of the city owned property. The Dallas County Appraisal District lists the value of the city owned property at $23,400. As stated, there is a channel running through the northwest corner of the city owned property and the Corp of Engineers is requiring us to maintain the channel sections, therefore only 16,535 square feet of the city owned property is available to Mr. Chadick. If we purchased property from Mr. Chadick for the DCAD value and then sold Mr. Chadick our property, per the DCAD value, we would still need to pay Mr. Chadick $59,229. However, Mr. Chadick has indicated that he is willing to trade property that he owns that we need for the expansion of Bethel Road for property that we own adjacent to the Art Annex. For some reason, DCAD lists property owned by Mr. Chadick at a price of anywhere from $0.75 to $4.02 per square foot, with the majority of the property that Mr. Chadick owns between $3.00 and $4.00 per square foot. If we were to trade property with Mr. Chadick, then the city more than likely would only be out a little over $24,000 to purchase the remaining property needed from Mr. Chadick. Attached to this memo is a schematic showing property owned by Mr. Chadick in green and blue and the property owned by the City of Coppell in red. My recommendation would be to structure a trade of property with Mr. Chaddick that would allow us to trade our property for some of the higher priced property that he owns. On the attached exhibit, I am recommending that we consider trading our property shown in red for the property shown in blue, owned by Mr. Chadick. We would then purchase the remaining property owned by Mr. Chaddick, which is shown in green on the attached exhibit. Following this process and again using DCAD values for the remainder of Mr. Chadick's property, we would still owe Mr. Chadick $24,393 for the balance of the land that we need from him for the reconstruction of Bethel Road. I have spoken with David Dodd concerning the trading of property and he has indicated that it is legal for the city to trade property. The big question that I have is whether or not the city would entertain trading the land that we own in red to acquire property that Mr. Chadick owns in blue. Again, the property that we own in red is bounded on the north by Bethel Rd, on the northwest by a branch of Grapevine Creek, and on the south and east by land currently owned by Mr. Chadick. If you concur with the approach to acquisition of the necessary land needed for Bethel Rd. consisting of a land swap and purchase of the remainder, then I can proceed with making a formal offer to Mr. Chadick or we can discuss this further at your convenience. My recommendation is to proceed with the land swap and the purchase of the remainder, but I will await further direction from you before I proceed. L .... , r_i_ R -,,,,,,,,... 1 _.P-, )., . . , / ,., . .______]. .r ,, ... ., , . , ..„ 1,,..it .,.. _ . „,„.. ,., „, , .., . , . . 1, . w C . ,, .,, „ , t:14 1.4 CD . miugim sr ' ' ; �. a � 4.) .. .. C ; L. , 1- aD aJ 0 **IOW 1 , i • r r r c..J V — It "" V ct V i I . ', '' � . E k LL Caw , a d r 0 p : : -: '.FF r 1 � -- - 00 � proll Haddop + `� t o 0 Wi t. L � �i ., , . , . V 0 • 1,, r ort cr • t c N F.sr . p 1 V 0 .n �' �� . is (1) , . y � L[) 1 111111 N— in `yA 4 17 ,; ; ' ': ' ' ' ' ' ' 2' : .'''' O N #'4'?„. i 1, • 111 1 Exhibit showing property to be obtained from Mr. Chadick by trade or purchase for Project ST 03 -01 ., a ,+ ,- i p = � e t _ , : . g i <, '.= 1 1.Trade City owned Parcel 1 (red) for .,, . ,-.� `if . . _ o Chadick owned Parcel 2 and a portion �..,, - -" ne "# of Parcel 3 (blue) N ,. -' es' a + ' — y ` t ' � =1%;' * O. 2. Purchase remainder of Parcel 3 and 4. r .r..-4, �- . c Parcels 4 & 5 (green) ; Parcel 5 t - { ' Ar . • � 1 Drainage Easement Parcel 5 4 t -- of Way Parcel 4 Parcel 3 ( 37 sq u•'^ :u - N 4, , is ... . ._ ori f Parcel 2 (11,917 sq. ft.) 1 4;, "� S ' Portion of 4 � °° � � ' S • x - 1 Parcel 3 (4,620 sq. ft. et hel Road T R ax. ■ N • Parcel 1 (16,537 sq. ft.) 1 ItI '._ \) /_ W�'� E 200 0 200 400 600 800 Feet ■ s