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ST9304-CS 860124P.O. Box 1302 Lewiw~o · (214) January 24, 1986 Jay Patterson TERRA INTERNATIONAL Two Lincoln Centre $420 LBJ Freeway, Suite 1370 Dallas, TX 75240 RE: Relocation of Beltline Road and its effect on the City of Coppell Tax Rbll Dear Jay: Pursuant to your request I have performed the following research at the Dallas County Appraisal District regarding the above. Enclosed are two schedules for your review. Schedule "A " notes those properties which front on the northside of Beltline Road. Schedule "B" notes those properties which front on the south- side of Beltline Road. The findings on said schedules represent my opinion of the tax implications of the proposed rerouting of Beltline Road. Shou/d you have any questions and/or comments regarding this matter, please do not hesitate to contact me. Sincerely, R.E. Thompson & Co. Ron Thompson SCHEDULE "A" The figures listed below represent our estimation of the 1986 assessments and City of Coppell taxes with Beltline Road at its present route. D.C.A.D. Account # #65031542010010000 #65149357510010100 #65149357510010000 #65149357510020000 #65149357510030000 (NOR THSIDE OF BEL TLINE) 1986 Estimated Size Zoning D.C.A.D. Pricings 18.478 ac TH-I $1.75 p.s.f. 16.725 ac R/O 2.10 p.s.f. 69.431 ac MF-2/SUP 1.05 p.s.f. 8.24 ac LI 2.50 p.s.f. 1986 Estimated Assessed Value 1986 Est. Taxes $ 1,408,580 $ 7,888 1,529,936 8,568 3,175,635 17,784 897,336 5,025 8.24 ac LI 2.50 p.s.f. 897,336 5,025 $ 44,290. O0 Owner~ip Northlake Terra '-Terra Tax roll show'~ this owned Coppell. Tax roll show~ this owned by J. Thompson. D.C.A.D. Account # #65031542010010000 #65149357510010100 #65149357510010000 #65149357510020000 #65149357510030000 The figures listed below represent our estimation of the 1986 assessments and City of Coppell taxes with Beltline Road moved to the proposed Southern Route. (NOR THSIDE OF BEL TLINE) 1986 Estimated 1986 Estimated 1986 Est. Size Zoning D.C.A.D. Pricings Assessed Value Taxes 18.478 ac TH-1 $1.75 p.s.f. $ 1,408,580 $ 7,888 16.725 ac R/O 1.60 p.s.f. 1,165,665 6,528 69.431 ac MF-2/SUP 1.00 p.s.f. 3,024,414 16,937 8.24 ac LI - 2.25 p.s.f. 807,600 4~5-22 8.24 ac LI 2.25 p.s.f. 807,600 4,522 $40,397 Ownership Ndrthlake J. Terra Terra ity of oppeH J. Thompson Net Loss of tax dollars with the proposed Southern Route would be approximately $3,893.00. SCHEDULE "B" The figures listed below represent our estimation of the 1986 assessments and City of Coppell taxes with the Beltline Road at its present route. D.C.A.D. Account # #65031542010020600 #65031542010020100 #65031542010020500 #6514935?510040200 #65149357510040100 #65149357510040000 (SOUTHSIDE OF BEL TLINE) Size Zoning 2.549 ac R 9.126 ac R 1 ?.37 ac R 7.8609 ac R 97.52 ac L-I 33.00 ac L-I 1986 Estimated 198~ Estimated 1986 Est. D.C.A.D. Pricings Assessed Value Taxes $ 6.00 p.s.f. $ 1,450,286 '$ - 8,122 3.50 p.s.f. 1,391,350 7,792 3.50 p.s.f. 5,697,430 371,905 6.00 2,054,525 11,505 2.25 p.s.f. 9,557,935 53,524 2.25 p.s.f. 3,234,330 18,112 $130,960 Ownership Crow Billingsle? McArthur 3. V~ Crow ill'.m. gsley eltlme £TD Crow illingsley . cArlhur j. Vi Triland Triland Triland D.C.A.D. Account # #65031542010020600 #65031542010020100 #65031542010020500 #65149357510040200 #65149357510040100 #65149357510040~00 The figures listed below represent our estimation of the 1986 assessments and City of Coppell taxes with the Beltline Road moved to the proposed southern route. (SOUTHSIDE OF BEL TLINE) 1986 Estimated Size Zoning D.C.A.D. P~icings 1986 Estimated 1986 Est. Assessed Value Taxes Ownership 2.549 ac R $ 9.126 ac R 3.00 p.s.f. $ 333,100 3.65 p.s.f. 1,450,980 37.37 ac R 4.10 p.s.f. 6,674,130 7.8609 ac R 6.30 p.s.f. 2,157,000 97.52 ac L-I 2.25 p.s.f. 9,557,935 33.00 ac L-I 2.60 p.s.f. 3,737,450 1,865 8,125 37,375 12,080 53,524 20,930 Crow Billingsley Crow el~tme Crow Billin~sley McArlhur Triland Tri land Triland $133,900 Net Gain of tax dollars with the proposed Southern Route ~ ~ would be approximately $2,940. R. E. THOMPSON P,O. Box 1302 * Lewi~v~le, Tex.~ 75087 · (214) 436-5487 Notes on Analysis: Please be advised that the aforementioned calculations represent my estimation of land assessments within the subject area for tax year 1986-87. Since this area will be revaluated by the Dallas County Appraisal. District for 1986, said land assessments should remain in effect for two years. It should also be noted that in my opinion the proposed rerouting of Beltline Road will not in itself have a significant effect on the'City of Coppell tax roll. If there is to be a significant effect on said roll it would depend on the future development of the south side of Beltline Road. At this point in time the measurement of the future impact on the City tax roll, based on developed southern properties is nearly impossible, because of the lack of data. Finally, for your records I have enclosed a copy of a D.C.A.D. printout which notes the certified values for all collecting entities within Dallas County. As you can see, the 1985 City of Coppell tax roll amounted to $581,568,650, of which $504,859,390 was taxable. Based on a 1985 tax rate of .$6¢ (per hundred dollars valuation), said taxable value would generate taxes of approximately $2,827,213. SUMMARY ' CERTIFIED ?i'~iES MKT VALUE ADDISON 2, 130,815,390 BALCH SPRINGS 268,377,040 CARROLLTON 4, 460, 641, 770 GLEN HEIGHTS 57, 749,030 FARMERS BRANCH 2, 975,572, 250 GARLAND 5,690, 053,710 CEDAR HILL 398, 7!3, 530 IRVING 8, 522,630, 560 SEAGOVi~LLE i32,756,800 SACHSE 117, 799,850 COCKRELL HILL 42, 803, 960 MESQUITE 2, 670, 013,310 LANCASTER 503,814,870 COPPE[-L 581,568,650 GRAND PRAIRIE 3,600,279, 830 UNIV. PARK 1~789,006, 110 RICHARDSON 4,261,228, 510 DESOTO 756,341,370 WILMER 42,618, 410 HUTCHINS 96, 190, 390 DUNCANVILLE 1,051,379,710 ROWLETT 488,299,840 DALLAS 55,239,997,670 HIGHLAND PARK i, 316,874,470 SUNNYVALE 177, 420, 870 SCHOOL DiST CARR-FB 6,554,534,860 DALLAS 48,747,252,620 CEDAR HILL 461, 161,660 GARLAND 5,889,699,760 HIGHLAND PARK 3,476,746, 140 IRVING 6,892,399, 140 LANCASTER 532,484,700 MESQUITE 2,932,233,550 COPPELL 1,320, 172,330 GRAND 'PRAIRIE 2,275, 474,210 RICHARDSON 12,360,575,270 DESOTO 748,291,560 DUNCANVILLE 1,634,511,900 WILMER HUTCHINS 364,542,440 SUNNYVALE 178, 105, 250 SPEC i ALS DALLAS CO 93, 134,836,860 COMM COLLEGE 93, 134,836,860 PARK HOSP 93, 134,836,860 COPPELL MUD 198,854,230 DAL FCD ~1 152,342,400 DALLAS URD 677,417,890 FB-CARR FCD 837, 176, 110 IRVING FCD 3 351,868,840 IRVING FCD 1 148,686, 150 OF 1985 VALUES TAX VALUE NEW CONST 1,980, 152,205 95,784,763 252, 7~7,780 18,897,670 4,093,278,327 409,286,272 55,679,860 15, 390,389 2,735,359,964 76,247,529 5,422, 407,600 220,080,268 362,474,770 48,367,847 7, 128, 167,298 585,986,604 123,069,380 4, 346,077 107,551, 190 26,671,510 41,020, 120 161, 150 2,569,098,690 150,909,875 459,629,640 44,007,604 504,859,390 51,035, 126 3,355,886,220 171,912,651 1,314,617,221 36,483,990 4, 185,669,370 120, 170,420 718,998,780 85,810,028 34,284,010 1,067,772 84,404,770 1,253, 159 1,013,675,880 70, 526,461 438,426,390 55, 243,654 45,065,806,805 2, 107,655,325 1,006,878,926 16,783, 845 134,601,250 ~ 4,025,039 6, 175,549,880 535,767,291 40,791,701,091 1,752,950,834 387,407,640 47, 751, 197 5,534,219, 140 295, 166,877 3,344,257,390 85, 946,897 5,802,780,092 464,955,400 467,846,820 46,639,798 2,736,500,070 170,464,069 995,788,468 76,627,246 2,065,816,650 97,943,309 10,572,513,972 359,849,294 688,932,490 83, 272,319 1,530, 132, 120 91,389,077 281,926,042 4,402,413 132,340,290 4,025,039 76,702, 164,908 3,792,427,883 79,032,310,344 3,792,427,883 76,702, 164,908 3,792, 427,883 167,908,740 29,344,547 149,786,980 34,660,741 653,000,732 181,589,990 830, 122, 110~ 46,271,010 346,301,230 27,892,070 148,673,350 370,800