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George Marshall - Fwd: Red Hawk - Sidewalk Easement
From: George Marshall
To: Michael Garza
Date: 2/24/2011 10:46 AM
Subject: Fwd: Red Hawk - Sidewalk Easement
Attachments: Sidewalk Easement Costs.pdf; Consolidated Red Hawk Contract.pdf
fyi
George Marshall, PE
City of Coppell
Engineering
972-304-3562
>>> "Megan Holmes Lozano" <mlozano@theholmesbuilders.com> 2/23/2011 4:54 PM >>>
Hi George –
Terry Holmes asked that I send you a breakdown of the costs of the land for Red Hawk. I believe you need
these to finalize the conveyance of the sidewalk easement along Denton Tap Road. The attached breakdown
details how we came to a price per square foot for the easement.
I am also attaching a copy of our contract for the land. The contract has the purchase price of the land. It also
notes the interest payment (page 11 of the document) of $9000 due each month. Let me know if you need more
info and I’ll get what I can ASAP.
Working Together,
Megan Holmes Lozano
The Holmes Builders
address | 225 east highway 121, suite 120, coppell, texas 75019
new phone | 214.488.5200
new fax | 214.488.5255
the holmes builders has moved! please note our new contact information.
file://C:\Documents and Settings\radloo\Local Settings\Temp\XPgrpwise\4D6636F9City_...11/3/2011
Sidewalk Easement Costs
333 S. Denton Tap Road, Coppell
Red Hawk Land Costs
16.33 Acres$3,000,000
Interest thru March 2011$81,000
Taxes for Property$94,460
Total$3,175,460
Acreage (less cemetery)16.18
Useable Square Footage704,583
Cost per SF$4.51
SF of Sidewalk Easement14,742
Cost per SF$4.51
Land Cost of Sidewalk Easement$66,440