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Windsor Estates-CS000921 September 21, 2000 Mr. Kenneth M. Griffin, P.E. City of Coppell- Engineering Department 255 Parkway Coppell, Texas 75019 ............................... RE: Slope AgreementOr ~tts Property Dear Mr. Griffin, This letter is intended to clarify Coppell Optimum Asset's involvement regarding the Slope Agreement by and between the City of Coppell, and Sharon and Scott Watts. The Slope Agreement contains references to work that will be performed by C.O.A. In the approval process of the Windsor Estates Addition, the City of Coppell required C.O.A. to elevate Deforest Road to a height that would no longer be in the Flood Plain established by F.E.M.A. In this process of complying with the City of Coppell's requirements, a Slope Easement was necessary for a smooth transition between the new road elevation and the Wart's property. C.O.A. assumes the responsibility of complying with all requirements set forth in the above mentioned Slope Agreement, including, but not limited to the following items: 1.) Raise the height of the existing water and gas meters servicing the Watts residence. 2.) Create a temporary driveway for the Watts residence during the construction of Deforest Road. 3.) All work on Deforest Road and required slopes shall be performed on the south side of the existing tree line. 4.) Any trees damaged on the Watts property will be reimbursed at a cost of $400.00 per tree. If you have any questions, please feel free to contact me at your convenience .., ~~_~~~/~ ,,~,,~Best, reaards,/,~ SLOPE AGREEMENT THE STATE OF TE~S ) COL'.~TY OF DALLAS ) KNOW ALI. BY TH:ESE PRESENTS: That the term GR~N'TOR used herein shall be construed m the Si~sul~ or pll~fal number as such term respectively represenLs one or more than one person. ,. TI~ Scoa and Sharon Wa.tls herein at%r referred to as GRANTORS. i~considerafion for the sum often and u~100 Dollars ($10.00) md other good a~d valuable consld~ration in hand paixff'by the City of Coppetl, Texas receipt of which is hereby acknowledged, does by these presents gr~ml, and convey, unto~lie City of Coppell, Texas (GRANTEE) the pris41ege otpassage i~. along, upon and across the following described prop~4~ owned by GRANTOR for the pm'pose ora slope easement for gr~ling, sloping, or filling along, and upon and acro~ said properb, to provide for a more subtle lp'ade change t~ansition, across GRANTOR'S main tract with the right and p~lege at all times, of~e GRANTEE. herein it's agents, employees, workmen and representatives ha~'ing ingress, agra/s, and regress in. along, upon. and across said premises during construction for the purpose of maintaining, making)ffnprovements on and repairs to said slope easement or any part Said slope easement strip being desc~bed in Exhibil~A" and 'B" alt~hed hereto and made a part hereof for all After construction has been compl~d or afieLd(ny emry for repairs or maintenance. GRANTEE shall return the surface ~-ea of the Easement strip to its ori~nal conditi.~h as nearly as practical taking into consideration the nature of the work being performed:-ExJsting unlit), J~n~s falling fi'ithin said easement will be modified as necessary for continued use after construction of slope is complete' GRANT .C.~R$ reserve the right to use and maintain the surface of the slope easement strip for the purposes which will not interfere wi~h GRANTEE'S fighls hereby gramed~md agree that. GRANTEE shall net be obligated for futur~;mai~tenanc~ and upl~eep of the slope easement strip. ~., { ..... TO HAVE A~/b TO HOLD unJo Ith~ Ci~j of Coppell, Texas it's Successors or ~signs for the purposes aforJsaid, the premises ~bo~q/~scribod. EXECUT/I;/D this cla~ or__ ,2000. / BY: ~ ' Print name: BY: / - Prim name: ._ _ ~ / Notar~ ?ubh~, State of Texa~ : / My commission expires