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ST9902-ES101001T H E C 1 T Y O F COPPELL October 1, 2010 Roberto and Arcelia Beas 100 Oak Trail Coppell, TX 75019 RE: W. Sandy Lake Road Reconstruction ST 99 -02 Parcel 5 — 100 Oak Trail Permanent Right of Way Dear Mr. & Mrs. Beas: Thank you for meeting with Mario and I this afternoon. We appreciate your willingness to work through the difficult process of land acquisition for this important project. This letter constitutes an offer from the City of Coppell to purchase property owned by you. Parcel 5 consists of a variable width portion of the south side of the property located at 100 Oak Trail totaling 3,261 square feet, as described in the previously transmitted exhibits. In keeping with our verbal agreement, we hereby offer $70,000 for the previously referenced 3,261 square feet of land, as total compensation for the value of the land, trees within the land, and all damages, real or perceived associated with the dedication of this land and the subsequent widening of Sandy Lake Road. In addition to the compensation listed above, the city will fund any necessary closing costs through Allegiance Title Company in Coppell. If the above offer is acceptable, please sign below and return to this office. Once the letter is received, the process for payment of the $70,000.00 can start. You will be contacted directly by Allegiance Title staff to secure additional signatures or documents as necessary to complete the title transfer. Once the check is available, we will schedule the closing with the title company. A FAMILY COMMUNITY FOR A LIFETIME 255 PARKWAY * P.O. BOX 9478 * COPPELL TX 75019 * TEL 972/462 0022 * WWW.COPPELLTX.GOV Your consideration of this matter is appreciated, and should you have any questions, please contact Keith Marvin at 972 - 304 -3681, or me. Sincerely, K4.1-1 rf: W Kenneth M. Griffin, P.E. Roberto Beas Director of Engineering/Public Works Office 972/304 -3686 Fax 972/304 -7041 E -mail kgriffin(&coppelltx.gov Arcelia Beas 1/(9 5 • o C, (6 c) . ----)170 co o lz77/ _ . . .. . r , • . N . . . .., / 0 a 04- K ) i : <"" 7 -' :1-<-1 . - - , ' \ 2. t C 7 / 6/ .i, . . _ bifrs . ei. Y 21 I- __ / g (A- 2- — /2 , Ce_ r 2 1 q ,V op c z6 _ 7 1 6 iv 1/ 6 _ ._. ,(1. f 5 1 el o 4 IZ . .....______,....., _ - l 5 . _ A/i c) ,,( / / ._ , . _ ±b •-"""/ s , . _ . .