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ST9601-CS 980304To: Pete Smith, City Attorney Fax (214) 954-3334 From: Curt Snow, Interim Asst. Director of Public Works RE: Wrangler Drive Project #ST 96-01 Date: March 4, 1998 As we discussed on the phone, Ken Griffin is copeseric with the Catellus Development Corporation about the attached agreement with the one exception identified below. To proceed with Coppell's Wrangler Drive widening project we need to process this ROW acquisition. Can you review the agreement, make the appropriate word changes necessary to reflect our interests and get it ready for Jim Witt's signature.'? Ken is satisfied with the language that pressures the City to follow through with its intentions. He just does not want the City bound to completion on what CDC calls the "Outside Date." ! think the mark up below reflects our interests, but of course, you can make what ever changes necessary to clearly state our interests on this issue. "As a material inducement to CDC to execute and deliver the Deed to the City, the City, by executing a counterpart of this letter herein below and returning such counterpart to CDC, hereby acknowledges and agrees that (i) the City accepts the dedication of the ROW Area, (ii) the City will be use all reasonable efforts to cause the completion of the improvements on or before July 1,1999 (the "Outside Date"), (iii) if the construction of the Improvements has not been completed started before the Outside Date, the City will reconvey the ROW Area to CDC free and clear of all liens and encumbrances if CDC requests the City to do so in writing at any time before the completion of the Improvements, (iv) the City will be responsible for the maintenance of the ROW Area from and after..." Thank you for your help. There response: "As a material inducement to CDC to execute and deliver the Deed to the City, the City, by executing a counterpart of this letter herein below and returning such counterpart to CDC, hereby acknowledges and agrees that (i) the City accepts the dedication of the ROW Area, (ii) the City will be use all reasonable efforts to cause the completion construction of the improvements to begin on or before July 1,1999 (the "Outside Date"), has o (iii) if the construction of the Improvements not bee~d ~o~np~ot~o started before the Outside Date, the City will reconvey the ROW Area to CDC free and clear of all liens and encumbrances if CDC requests the City to do so in writing at any time before the complotion of tho Improvements, (iv) the City will be responsible for the maintenance of the ROW Area from and after..." NICHOLS, JACKSON, DILLARD, FIAGER & SMITH, L.L.P. I800 ~NCOLN PLAZA 500 N, AKARD DALLAS, TEXAS 75201 (~,14) 965-9900 (214) 965-0010 FAX · FACSIMILE COVER SHEET PLEASE DELIVER THE FOLLOWING TO: NAME: COMPANY: C-_O 1~ l ] FAX NO.: DATE: TRANSMITTED BY: NUMBER OF PAGES (Including Cover Sheet):, THE INFORMAT[ON CONTAINBD IN THIS FAC,~IMEE 15 ATFORNMY PRIVILEGED AND CONFIDEN'rLAL INFORMATION INTENDED ONLY FOR THE USE OF TI4]i INDIVIDUAL OR ENTITY NAMIED ABOVE. IF THE RECIPIENT ~S NOT Tt~ INTENDED R]aClPIMNT, YOU AR]~ I-~RI~BY NOTIFIED THAT ANY DISTRIBUTION, DISSEMINATION OR COPYING OF THIS COMMUNICATION IS STRICTLY PROHIBITED. IF YOU HAVE RECEIVED TIllS IN EF, F, OK, PLEASE NOTIFY L15 IMMEDIATELY BY PHONE AND RETURN THE ORIGINAL M~SSAGE TO US AT TI~ Ag,0VE ADDKESS VIA THE U.S. POSTAL ,$BP, V'ICE. February 4, 1998 Mr. K~rm~h M, Griffin; P.E. Director of Engineering and Public Works City of Coppell, Texas PO Box 478 Coppell, T~x~s 75019 Deaf Mr. Cyriffin: Enclos~ i~ an original Special Warranty D~i (the "Dood') pursuant to which Catelhs Development Corporation CCDC") conveys to the City of Coppell, Texas (the "City"), 1.065 acre~ (46,a08 square feet) of right. of. way fvr a portion of proposed Wrangler Drive (the right-of-way area conveyed by CDC to the City pursuant to the Deed is heroinafter rcferre, d to as the "ROW Ar~a"). It is CDC's understanding that the City intends to cause the construction of Wrangler Drive and related utiliW lnd other. improvements in the ROW Are~ (such items, the "Improvements"). It further is CDC's und~tstandin$ that funds will be available from Col~ell Gateway Public Improvcm~t Distri~ (the "PID") to pay CDC's pro rata share of the costs of the Improvements. As a material inducement to CDC to execute and deliver the Deed to the City, the City, by executing a counterpart of this letter hereinbelow and returning such counterpart to CDC, hereby acknowledges and agrees that (i) the City accepts ',he dedication of the ROW Area, (ii) the City willaS, use all xeasonablc efforts to cause the~ex.y!stle.~.f the Improvemc. naL,n or before ~Iuly 1, I~~i "Outside Date"), (iii) if the c0nsu'u~on of the Improvements has not been befoxe the Outside Date, the City will t~convey the ROW Area to CDC and clear of all liens and encumbrances if CDC requests the City to do so in writing ..fi [:~ li .... hsfm, s the =~ 'r..:~ sueaM, (iv) the City will be responsible for the maintenance of the ROW Area from and attc~ the date of the Deed until such time (if ever) at the ROW Area is reconveyed to CDC pursuant to the provisions of thc foregoing clause (iii), (v) the City will be responsible for the repair, maintenarwc arid operation 0f the Improvgrnents CATEi. L{JS DEVELOPMENT C~RPOR AT]Oh3 4545 Fuu.~ Dm,.l~. 5utn 100, lp, wNo. TEx,~s 75038 C972) 719-6101 FAX (972) 719-6149 97~ 3[D4 3547 Mr. Kenneth M. Griffin Februa/y 4, 15~98 Page 2 of 2 l~om imd aRer the dale o[ the construction/installation of the ssarnc, and (vi) the City will cooperate with CDC in tsking s31 actions necesssry to cnsurc that CDC's pro rata share of the costs of the Improvements ~re paid by PID funds. Sincerely, Ted An~enucci Vice President Acknowledged and A~reed: CITY OF COPPELL, TEXAS By: _. Nmnc: Title: MRR 04 '98 14:33 9?2 304 ** TOTAL PAGE.03 MEMORANDUM FROM THE DEPARTMENT OF ENGINEERING To: Pete Smith, City Attorney Fax (214) 951 333! From: Curt Snow, Interim Asst. Director of Public Works RE: Wrangler Drive Project #ST 96-01 Date: March 4, 1998 As we discussed on the phone, Ken Griffin is copesetic with the Catellus Development Corporation about the attached agreement with the one exception identified below. To proceed with Coppell's Wrangler Drive widening project we need to process this ROW acquisition. Can you review the agreement, make the appropriate word changes necessary to reflect our interests and get it ready for Jim Witt's signature? Ken is satisfied with the language that pressures the City to follow through with its intentions. He just does not want the City bound to completion on what CDC calls the "Outside Date." I think the mark up below reflects our interests, but of course, you can make what ever changes necessary to clearly state our interests on this issue. "As a material inducement to CDC to execute and deliver the Deed to the City, the City, by executing a counterpart of this letter herein below and returning such counterpart to CDC, hereby acknowledges and agrees that (i) the City accepts the dedication of the ROW Area, (ii) the City will be use all reasonable efforts to cause the completion of the improvements on or before July 1,1999 (the "Outside Date"), (iii) if the construction of the Improvements has not been completed started before the Outside Date, the City will reconvey the ROW Area to CDC free and clear of all liens and encumbrances if CDC requests the City to do so in writing at any time before the completion of the Improvements, (iv) the City will be responsible for the maintenance of the ROW Area from and after..." Thank you for your help.