Loading...
Shadowridge P1-3-CS 881024GINN, INC. C¢)NSI I;FING October 24, 1988 Taryon Bowman City of Coppell P.O. Box 478 Coppell, TX 75019 Re: Shadowridge Estates, 3rd Increment Final Plat DRC - Engineering Dear Taryon: We have no objections to the final plat overall. A note does need to be added, however, regarding a floodplain development permit as required per the Comprehensive Floodplain Management Ordinance, Section C, paragraph 4, page 34. At the time of final platting, the applicant shall be required to escrow $56,891.00 for their one-half obligation to the paving and drainage improvements for Coppell Road along their frontage. This request shall be in lieu of a half street being constructed. The abov~ escrow deposit is based on $100.00 per front foot construction cost. The actual cost due to the -C~ity-will be computed upon completion of the roadway improvements and the account adjusted accordingly. For your information, Coppell Road is classified as a minor arterial by definition. In a September 29, 1988 letter submitted by Fox & Jacobs (copy attached) re~_..~he..es~row requirement above, they have proposed a ~swap with the Cit_~Jto trade pro-rata reimbursements .~wed to the~'by-~he ~jacent property owners, via the City, for /Gra-Son Land, Inc.'s improvements to Bethel School Road (west of Denton Tap Road) and a segment of Plantation Drive. We do not recommend combining the two accounts to arrive at a trade-off but rather handle each project separately on its own merit. We offer this recommendation because the pro-rata ag_reem?~ are based on a 10 year period, thereafter, no ,~~ement~ ar~ due, .,, Th~ ~ ~ ~ ~t~ft on the Bethel School Road and Plantation Drive ~greements. If the adjacent properties to Bethel School Road an( '~Plantation Drive do not plat and ' ~ no be due. If the City trades the escrow requirement for the pro-ratas and the above time expires, the City will be left with the obligation to fund the construction of Coppell Road but will not have the needed funds to do so. 17103 Prc~t(m Road · 5uilc I~ · I.B IlS · Dallas, ~xas 7524g · Phone 214/24g-49~