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ST9304-CS 8604032OOI BRYAN STREET SUITE 3900 Crow/ BILLINGSLEY ComPaNY ' // //~' ~ '/ ~ 214/ 754- O8OO April 3, 1986 The Honorable Dale Ware The Honorable John Bailey City Council City of Coppell P O Box 478 616 South Coppell Street Coppell, Texas 75019 Re: Belt Line Road Gentlemen: It is my understanding that you were appointed during the Special City Council Session on March 31, 1986 as representa- tives for the City Council to attend a meeting of all landowners affected by the proposed realignment of Belt Line. Road. Further, it is my understanding Mr. John Bailey shall serve as moderator at that meeting; that the meeting shall be open to the public; and, finally that the only individuals allowed to speak or parti- cipate in the meeting other than yourselves are the designated representatives (one each) for each of the affected landowners. Listed below are individual points affecting both Crow~Billingsley Company and property owners on the north side of the railroad based upon representations made by Crow/Billingsley Company in each specific case. The representations stated below are intended to be binding upon Crow/Billingsley Company and its successors or assigns. Belt Line Road Right-of-Wa~v Crow/Billingsley Company is currently the owner of the property from just west of' MacArthur Boulevard extending to the west to the property owned by the Power Company. As managing partner of the above described property, I am authorized to hereby warrant ~D~ that in the event Belt Line Road is realigned to the south, we would grant title to the proposed 120' right-of-way to the City of Coppell or Dallas County as required. This grant of right-of-way is subject to an exchange for existing Belt Line right-of-way adjacent ~'~ to our property and to the proposed realignment allowing for developable land on both sides of the realigned roadway. ~ Based upon conceptual plans already submitted to both the City and County, it is anticipated that the amount of land involved in this exchange would be ~lmost identical with the curren[ Crow/ The Honorable Dale Ware The Honorable John Bailey April 3, 1986 Page 2 Billingsley Company property. In the unlikely event that Crow/ Billingsley Company would gain additional land in the exchange, we would be prepared to compensate the City of Coppell for this additional land at the then fair market value. Access to Adiacent Property Owners When the proposed realignment was initially approved by the City Council, it was with the stipulation that access would be · provided to~property owners currently possessing access to Belt Line Road. In addition, this access would be granted in such a way as to be out of the 100-year floodplain. Crow/Billingsley Com- pany hereby represents'that is will grant to the City of Coppell or Dallas County a 50' wide right-of-way from the southern right-of- way line of the St. Louis and Southwestern Railroad to the northern right-of-way line of the realigned Belt Line Road for the extention of Mockingbird, including the construction of a bridge over the creek at our expense. The dedication of the above-mentioned rights-of-way would only be contingent upon the approval of the crossing by the St. Louis and Southwestern Railroad, and construction of the crossing by others~where such road crosses our property. Cost Participation As represented previously, Crow/Billingsley Company hereby agrees to pay for the construction of a concrete roadway for Mockingbird from the south right-of-way line of the St. Louis and Southwestern Railroad to the north right-of-way line of realigned Belt Line Road. it is anticipated that these roads would have a paving section of 6", 3000 p.s.i, concrete. Finally, Cr. ow/Billingsley Company hereby agrees to participate in a mandatory or voluntary assessment program to contribute to the cost of improving Belt Line Road along its realigned route subject to only the following conditions: (1) The assessment relate only to the linear frontage of developable land, (2) All private property owners having Belt Line frontage participate in any mandatory assessment program, (3) Any mandatory assessment program be uniformly administered. We will be prepared to discuss theses and any other issues at the April 3 meeting. We appreciate the interest of the City Council in causing this meeting to occur and look forward to a resolution of The Honorable Dale Ware The Honorable John Bailey April 3, 1986 Page 3 of any outstanding unresolved questions. Again, this letter is intended to be binding. Should you or the City Council require any additional documentation or require that this letter be in a different format, please let me know. CROW/BILLINGSLEY COMPANY B~,: ~-Ienry B~llingsley Managing Partner CC: The Honorable Jim Jackson County Commissioner, District 1 The Honorable Lou Dougan Mayor, City of Coppeii