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ST16-01A-ES220216 (2)THE CITYO FCOPPELLFebruary 16, 2022CFT NV Developments, LLC 1120 N Town Center Dr, Ste 150 Las Vegas, Nevada 89144-6301RE: S Belt Line Rd Reconstruction ProjectSidewalk Easement Offer LetterDear Property Owner:The City of Coppell intends to construct the S. Belt Line Road Reconstruction Project. This project includes pavement replacement, intersection improvements, utility replacement and rehabilitation, landscaping, and sidewalk construction. We are requesting a sidewalk easement along the frontage of your property adjacent to S. Belt Line Rd.According to the Dallas Central Appraisal District, the land is currently valued at $9.50 per square foot. I have attached a copy of the DCAD valuation for reference. The easement area needed is 5,650 square feet. The City of Coppell is offering $26,837.50 for the easement, which is one-half (1/2) of the value of the land. This letter constitutes an offer from the City of Coppell for the acquisition of the sidewalk easement.Construction is anticipated to begin in the coming weeks, and the city needs to acquire the easement as soon as possible. If the above offer is acceptable, please sign below and return it to this office. I have also included the vendor forms required for issuing payments. Once the letter and vendor forms are received, the process for payment can begin. The easement documents have been provided with our previous communication, and we are currently awaiting your revisions to the easement language.Your consideration of this matter is appreciated. If you have any questions regarding this project, please contact me or Mike Garza at mgarza@coppelltx.gov.Sincerely,Cole Baker, E.I.T.Graduate Engineer Office: 972-304-3562 E-mail: Cole.Baker@coppelltx.govGrantorTitleA FAMILY COMMUNITY FOR A LIFETIME255 PARKWAY ★ P.O. BOX 9478 ★ COPPELL TX 75019 ★ TEL 972/462 0022 ★ WWW.COPPELLTX.GOV Home | Find Property | Contact Us Commercial Account #180023700C03R0000 Location Owner Legal Desc Value Improvements Land Exemptions Estimated Taxes Building Footprint History Location (Current 2022) Address: 1525 S BELTLINE RD Market Area: 0 Mapsco: 11A-N (DALLAS) DCAD Property Map View Photo 2021 Appraisal Notice Electronic Documents (ENS) Print Homestead Exemption Form Owner (Current 2022) CFT NV DEVELOPMENTS LLC STE 150 1120 N TOWN CENTER DR LAS VEGAS, NEVADA 891446301 Multi-Owner (Current 2022) Owner Name Ownership % CFT NV DEVELOPMENTS LLC 100% Legal Desc (Current 2022) 1:DUKE LESLEY 2:BLK C LT 3R ACS 15.296 3: 4:INT201700125562 DD05022017 CO-DC 5:0023700C03R00 1CO0023700C Deed Transfer Date: 5/4/2017 Value 2021 Certified Values Improvement: Land: Market Value: $21,055,210 + $6,329,790 =$27,385,000 Tax Agent: RYAN LLC DA Revaluation Year:2021 Previous Revaluation Year:2020 Improvements (Current 2022) #Desc: OFFICE BUILDING Total Area: 182,934 sqft Year Built: 2007 1 Construction Depreciation Appraisal Method Construction:C-MASONRY, BLOCK, TILT-WALL Foundation (Area):CONCRETE SLAB (60,978 sqft ) Net Lease Area :182,700 sqft # Stories:3 # Units:0 Basement (Area):NONE Heat:CENTRAL HEAT A/C:CENTRAL A/C Physical: Functional: External: Total: + + = 8% 0% 0% 8% Quality:EXCELLENT Condition:EXCELLENT INCOME * All Exemption information reflects 2021 Certified Values. * © 2022 Dallas Central Appraisal District. All Rights Reserved. Land (2021 Certified Values) #State Code Zoning Frontage (ft) Depth (ft)Area Pricing Method Unit Price Market Adjustment Adjusted Price Ag Land 1 COMMERCIAL IMPROVEMENTS LIGHT INDUSTRIAL 0 0 666,294.0000 SQUARE FEET STANDARD $9.50 0%$6,329,793 N Exemptions (2021 Certified Values) No Exemptions Estimated Taxes (2021 Certified Values) City School County and School Equalization College Hospital Special District Taxing Jurisdiction COPPELL COPPELL ISD DALLAS COUNTY DALLAS COLLEGE PARKLAND HOSPITAL UNASSIGNED Tax Rate per $100 $0.58 $1.292 $0.237946 $0.12351 $0.255 N/A Taxable Value $27,385,000 $27,385,000 $27,385,000 $27,385,000 $27,385,000 $0 Estimated Taxes $158,833.00 $353,814.20 $65,161.51 $33,823.21 $69,831.75 N/A Tax Ceiling N/A N/A Total Estimated Taxes:$681,463.68 DO NOT PAY TAXES BASED ON THESE ESTIMATED TAXES. You will receive an official tax bill from the appropriate agency when they are prepared. Please note that if there is an Over65 or Disabled Person Tax Ceiling displayed above, it is NOT reflected in the Total Estimated Taxes calculation provided. Taxes are collected by the agency sending you the official tax bill. To see a listing of agencies that collect taxes for your property. Click Here The estimated taxes are provided as a courtesy and should not be relied upon in making financial or other decisions. The Dallas Central Appraisal District (DCAD) does not control the tax rate nor the amount of the taxes, as that is the responsibility of each Taxing Jurisdiction. Questions about your taxes should be directed to the appropriate taxing jurisdiction. We cannot assist you in these matters. These tax estimates are calculated by using the most current certified taxable value multiplied by the most current tax rate. It does not take into account other special or unique tax scenarios, like a tax ceiling, etc.. If you wish to calculate taxes yourself, you may use the Tax Calculator to assist you. Building Footprint (Current 2022) History History