ST9401-CN 991018b6t-i~-99 ~3:G~P ~, ~ P,o~
October 18, 1999
r'ENTEX
DEVELOPI~IENT
COMPANY
P.O. Box 199000
Dallas, Taxae 7S219-9000
3100 McKinnon Street, Suite 370
Dell&s, Texan 75201-1816
Phone: 214 981~6770
Mr. Jim Wilt
City Manager
City of Coppell
255 Parkway Blvd.
Coppell, TX 75019
An approximately 0.5 acre tract of land located on the east side of Denton
Tap, north of Denton Creek in Coppell, Texas (Reference Tract 3 on
Attached Exhibit "A') (the "Property")
Dear Jim:
1 have executed your letter dated September 28, 1999 and attached it with this letter.
As a matter of clarification, it is our understanding that the land which will qualify as a
landscape credit towards Tract I is generally the area labeled as "Interior Landscape
Area" on Exhibit "A'. If your understanding of this area is significantly different then
we probably need to discuss this matter further. Notwithstanding this issue, we are
willing to proceed with the documents necessary to memorialize this agreement.
If you have any questions regarding the information contained in this letter, please give
me a call. Thank you for all your time and effort regarding this issue
Sincerely,
Daniel B. Anderson
Vice President
cc: F. Charles Emery
Oct- 18-99 03: {35P ~
·
Septcmber 28, 1999
Mr. Daniel B. Anderson
Vice President
Centex Development Company
3 [00 McKinnon
Dallas, Texas 75225
An approximately 0.5 acre tract of land located on the east side of Denton Tap, north of
Dentan Creek in Coppell, Texas (Reference Tract 3 on Attached Exhibit "A") (the "Property")
Dear Dan:
This letter x~ill confirm our understanding with respect to the above-reli:renced property.
To accomnmdate the City of Coppell's ("City") desire for a hike and bide trail on a portion of ihe Property and Centex's
desire to maintain the usable portion of the Property, the City and Centex agree to the fifilowing:
l, The City agrees to purchase the Property from Centex for $15,000 paid in cash to Centex.
The City of Coppell agrees to grant a credit against the interior landscape requirements for d~velopment on the
('enlex tract located immediately north of the Property (Reference Tract l on attached Exhibit "A"). The area
used to c:dculate the credit will be the entirety of Tract 3 less the area included within the actual "Hike & Bike
Trail Easement".
3. Cenlex agrees to provide $1,000 in cash towards the landscaping of the aforementioned parcel.
lfCentex is in agreement with the terms outlined in this letter, please acknowledge below and the City will proceed with
drafting a definitwe agreement for your review. Please fi~el free m give me a call if you have any questions.
Re/~,t ally,
JgWitt
Cty Manager
AGREED TO AND ACCEPTED:
CENTREX DEVELOPMENT COMP,4j'qY
Title:
Date:
P. 03
I
Oct.-- 18-99 03: OSP P . 04
CURVE
Ct
c2
C5
C4
C5
C6
DEDICATION
Z
i.u L}
t-~
CURVE TABLE
RADIUS ARC LENGTH CHORD LEN CHORD BEARING DELTA ANGLE
270.50 261.19 251.16 S 61'40'47" E 55'19'25'
.350.00 507.79 296.75 S 60'44'16" E 53'26'22'
245.76 210,12 203.78 N 44'15',.~4" E 4B'59'O8'
250.00 46,25 46,19 N 10'33'58" E 10'36'02"
253.20 71,4.3 71.20 N O7'43'44" E 16"09'51"
225.76 11.60 I 1.60 S 14'51'30' %N 02'56'38'
LINE TABLE
[ELAPORI.I~Y DFiAINAGE LINE 8F_AR|NG DISTANCE
~ ,, L1 N 05'45'35" E 26.27
I | L2 N 00'4t'48" E 83.97
~ I L5 N 89'20'28" w 50.00
i ~ I, L4 S 89'20'28" E 10.13
I DRAINAGE
VOL.g8252. PG.6853
I-' ~ D.R.D.C T
DEDiCXlriON
--VOL.g8252. PG.6828
D,R.D.C.T. f
TR C 1
.300 ACRES
· "'~-
TRACT 2
] .399 A~RES
~5~ PROPERTIES, LTD.
I
!
Z
HIKE & 151KS
IRAIL ESMT.
VOL.OODS6. PG.3410
D.R,D,C, T,
1 "---- 100'
I, AN'O,~clrP ~
6"W
63.20
NOTE:
THIS DOCUMENT WAS PREPARED FROM PUBLIC RECORDS AND DOES NOT REFLECT THE
RESULTS OF AN ON THE GROUND SURVEY, AND IS NOT TO BE USED TO CONVEY OR
ESTABLISH INTEREST IN REAL PROPER1~f,
SHEET
OF
TRACT
EXHIBIT