CRDC 14-01 CS151020T H E C I T Y 0 F
COPPELL
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9
September 21, 2015
Michael Hershman
Eagle Braewood L P
Ste 1575 Lb 29
5430 Lbj Fwy Ste 1575
Dallas, Texas 752402641
RE: Intersection Improvements — Tract D
CRDC 14-01— Denton Tap & Sandy Lake
Electric and Utility Easement Offer Letter/Letter of Permission
Third Offer
Dear Mr. Hershman:
This letter is in response to your conversations with George Marshall. It is my
understanding that you would be willing to accept the following offer;
According to the Dallas Central Appraisal District, the land is currently valued at $8.00 per
square foot. The area needed as easement is 1288 square feet. Typically the City of
Coppell values easements at '/2 the value of the land. However looking at adjacent
properties, you had requested us to consider a $12 per square foot land value. Therefore,
the City of Coppell is offering $7,728.00 for the 1288 square feet of easement. This letter
constitutes an offer from the City of Coppell for the acquisition of Electric and Utility
Easement as follows:
Acquisition of Electric and Utility Easement at
$6.00/sf x 1288 sf = $7,728.00
In addition, the City will remove and replace +-3'S square yards of pavement in
addition to the original quantity planned for the project. As depicted on the attached
exhibit. This shall be agreed to as a one-time repair and that the owner shall be
responsible for all repairs and replacement after the work is complete. The City will
not be responsible for any future repair to the pavement on your tract.
Construction is anticipated to begin in October 2015, and the city needs to acquire the
easement as soon as possible. If the above offer is acceptable, please sign below and return
the signed letter to this office. Once the letter is received, the final easement documents
will be drafted and process of payment can begin.
A FAMILY COMMUNITY FOR A LIFETIME
255 PARKWAY * P.O. BOX 9478 * COPPELL TX 75019 * TEL 972/462 0022 * WWW.COPPELLTX.GOV
Enclosed with this Offer Letter/Letter of Permission are the easement documents. The city
respectfully requests your execution of this document. When the easements are drafted and
the check is ready, we can arrange a mutually agreeable method to exchange the documents
and the check.
Your consideration of this matter is appreciated and if you have any questions, please
contact George Marshall at 972-304-3562 or me.
Sincerely,
Kenneth M. riffin, P.E.
Director of Engineering/Public Works
Office 972/304-3686
Fax 972/304-7041
kgriffin@co ep 1ltx.gov
Enclosures
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ADDITIONAL PAVEMENT REPLACEMENT
162 SO YARDS
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PROPOSED DRIVEWAY
ADDITIONAL PAVEMENT REPLACEMENT,
AVEMENT REPLACEMENT CITY OF C❑PPELL PROJECT CRDC 1 4-0 1
COPPELL
.AN QUANTITY OF PAVING
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