ST8804-CS 900518 (2)Mr. Alan D. Ratliff
City Manager
City of Coppell -)ff..{-t.~ .~ · . .~/~'
P. o. Box 4rs
Coppell, Texas 75019
Re:Construction of Road and Utility Improvemcnts,,~,~.~
Park Place Addition and Heanz Road
Dear Mr. Ratliff: XzF_../~?,~,~/,~t~ ~'~)~
As you know, the preliminary plat for the Park Place Addition has recently
been approved at the request of the Park Place Joint Venture, and the construction of
Heartz Road and its associated utilities has been previously approved by the City upon
request of ABQ Development Corporation ("ABQ"), which is now under the
conservatorship of the Resolution Trust Corporation ("RTC"). The Park Place Joint
Venture has agreed to consider taking over the construction of Heartz pursuant to a
recently negotiated agreement with ABQ and the RTC as their managing agent. As
one of the conditions in the land acquisition contract for the Park Place Addition and
for the possible assumption of the Heartz Rd. construction, we need to obtain the
City's confirmation of the matters described herein.
The Park Place addition may be final platted in two phases. On the enclosed
preliminary plat is marked the division line between the 1st and 2nd phases. The 1st
phase will front on Sandy Lake Road and will be developed while Heartz Road and the
utilities with Heartz are also being constructed by the Park Place Joint Venture.
As a part of the Heartz construction, a new sanitary sewer line will be
constructing a new sanitary sewer line in the Heartz right-of-way. The sanitary
sewer service to the 1st phase of Park Place is planned to be provided through a
sewer line which will be constructed from the west boundary of the first phase,
across the 2nd phase land, to the new Heartz Road sewer line. The Heartz Road sewer
line should be completed several months before phase 1 of Park Place is completed.
The drainage facilities being constructed in Heartz Road deliver storm drainage
into a recorded drainage easement which is for the benefit of ABQ, the Parks of
Coppell Joint Venture and their assigns (the "Mutual Drainage Easement"), a copy of
which is enclosed herewith. The storm water drainage from the 1st phase of Park
Place is planned to be discharged at the west boundary of phase 1 into an interim
earthen drainage channel, across the 2nd phase land, into the already existing
interim earthen channel which is in the Mutual Drainage Easement. The Mutual
Drainage Easement abuts the northwest coruer of the 2nd phase land.
In the next few days, our engineer will submit to the City a proposed Interim
Drainage and Utility Easement which covers the location of the sanitary sewer line
and earthen drainage channel described in the preceding paragraphs. This easement
UNIVEST FINANCIAL CORP. ° ALLEN EQUITIES INC.
12770 COlT RD. · SUITE 1215 · DALLAS. TEXAS 75251 · 214/233-5771