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MacArthur Vista-CS030912Sent By' INVESTMENTS; 972 991 7500; Sep-12-03 1:2BPM; Page 1 u 12201 Merit Drive, Suite 170 Dallas, Tezae 75251 (972)991-4600 Facsimile Cover Sheet "I'o; Ken Griffin Company: Cily of Coppell phone: (972x162-0022 Fax: (972).104-7041 [)ate: Front: Yhonc: Fax: Yages Following Cover: Friday, September 12, 2003 Alen Hinckley -Ext. 107 972-991-4600 972-991-7500 ~- Comments: RE: MacArthur Vista - Tract and Plat Thank you for your assistant:e. CarfirlarlWhy Nulicr: The irifw~lrvn a~ruuned N rhi, ficdeels uewrwoiun 4 e9n~M+ie1 ,nd/er P^~~~ ~ P~P^°r°Y irrfamnion. TM'vd rmrlivn is bnnkW ryr IM eznuuve me W me Wlrvme rumM eba~a IfYW VI m11bs NlwNlal ~avV'~• Nw u! MRey PrYieOt rMl rM rrF SFllrr•rrc. 4r+rwlFbi. Ei WIArrInO (~Wra rLM rO W ~JJr[tle0 rullrb JOVO). eUPYPY Or IM ukiny of ury ,eriun Msanc of the idnrnutinn is vinry puhbired. If rw hM reR~'ed Ilre inAornruian n vrur. Weise miry u. immed;uey M WePhuro lu rregM fa the yawn of ehe dawuerrurirrn. I~ ~ 1'IOIIR trll 992N9 Wfilla iT ynu hwe nny prnMem wiM Ihie tnnfmbdon. Sent By: INVESTMENTS; 972 991 7500; Sep-12-03 1:28PM; Page 2 PROPERTIES, INC. Septetnber 12, 2003 Ken Griftin City of Coppell 255 Parkway Blvd. Coppell, Texas 75019 RE: MacArthur Vista Tract - r'ee Assessment Clarification Dear Ken. As you tnay not be aware, the MacArthur Vista property was included in the agreements by the City of Coppell and Univesl, which dedicated the Municipal Site and a number of Park Sites throughout the Ciry. In addition, when the land was dedicated to the City 1'or the Right of Way of MacArthur Blvd, part of the consideration in its dedication was relying upon the agreements with the City that no future assessments of any kind would be assessed to the tract- ! have attached pages 7-IU from the agreement with the City of Coppell, which specifically references in paragraph 18 MacArthur Road Extension that "City will not levy any assessments against any portion of the property". It is my understanding shat the MacArthur Vista plat has been fully executed and is ready for filing with the County clerk. Please contact me if you are ready for Dowdy Anderson to pick up t}te plat for filing. Thank you for your assistance. Should you have any questions please contact me. Yours truly, (~~ Alen Hinckley Univesl Properties, Inc. Trustee 972-991-4600 X107 RL•AL ESr.17E ANA /NYk37:NEN73' 12201 Ivff•RIT DRivc / SI Ilie t70 /DALLAS, TEXAS 752SI / (972) 991460U I rAx (912) 99l•7500 Sent By: INVESTMENTS; 972 991 7500; Sep-12-03 1:2BPM; Page 3 r-.'- .. _.... - .-an ~^ 5. Clew Hall Canat rueti0n - Coneuccantly with the' tsteulion of ehia AMndwtnt. City agrees to pay Ornee tnt saw oL S1, 151.a6 !n niwburaewsnt at coat incutwd by Otmst to tOeMetton with damage eauaed in CM conatcuction oL CM COppe 11 clt7 hall. C. Tele hoot Nterark Construction ~ elty agrees to pay Owntc the taw 0[ 51,121.9a on the taclist of chat date whitA is ai:ty (601 days after eht dace of Chia Amtntlmtnt -.- or ten (10) days after the date that CItY eollaat7 monies L rOw GTC, in rslmburaemsne eL cOSta incur Gd Oy Owner to eonneeeion rich damage eauaed In ehe eenstrueeion of undsegrbund GlePnont network Improvtwsnts in Parkway Boulevard by CTC. 1S. Par kwar soulevard Pavers. City acknorlsdgea .end aq roes that owner has no ru[ther napenaibllley In eannaetlon rick the paveza tzlatinq at ent entrance to the Coppell city hall. and Clty ittspt5 all [taponsibility [Or any tsmovaY, __ relocation or additional Mock in connseti0n rich such pavers. la. fen~ninwe Chanm la. wiehout in any ray aL UeelnO Oemsr'a tights to ~uelllze oPSn du inapt channels as at Wrth le subsection (h) OL Ssctiot I Ot Cht Aq rosaNAt, City he nby: (i) apPCOVts !ht eonetpeual dsa(gn plans toe the Llnur La kt system aubsi teed by Ornst and ageata to wsrk City's apPcoval on ens set of sash conesptusl du i9n plena and dtltvsz the same to Ornsr centuresatly with City's •:tcution oL this Aasndwtnt; and ` \ (111 agcNS that Cht standards set [ottR on attached 6ahibit N an aeespeahls to City to[ maintenance oL rant gballey in ponds. lakes, cMnM la e[ ether ra carrays within the Property- T l7. Par kwa~ou leveed. CLtY agrtu to templets the north last of PaYkray Seulevacd ad)acsnt !0 the Pack Sits Oh Or ` be[ore July 1, 1955. ArtM1u~ hoed t:boa ion. City nenby aq cats that la. Mae l Owetz ril met Bt ttipOM lble Eor anY coats In eennsatlbn with _ C~ the conitruatlon ~i rslattny T CM t:esnsion of McArthur Sesd I10«Iwerd trw its 1nG CStetlen r1tR Dete oat sold. t LurCM! ^ rue that 1! w /~O r7.Ljl~1~ aaNtlMetS ~ L P[Oet r[r erg other pr nwr to cttOVtt ehY oL euth COttS~ ~~+ r ~ ~" T-'~ ...i 19. Cltr's 061iaatian to ImQjyv Park i C1CY egress - /YJYy to eontibue to use C1ly's good Laltb • ores to make lageevewsats to tM Psrk SSG aeeo rdlnq Co Citys current plan ~1 .~~ ~(F~/L~jttJr CMN[oc, a copy eL rk10b if atlaCMd M1ttsto as izhlhit C: l an provlOW that Clty shall have the zlght to mod/ty such p ~'Q Q 0 ~ Leow eisy to tint. City sgGU to app1Y all [ands received caats !oc the Park S[b (rMtMe ctofivad l rt n nwrr'ra'^ g a LlOw gore nrs Lot land aequU tllon Beats or roc patk lwpcovtmenla) coward ' T ~~ s lwpreviaq the -ark Sib. City htnby ruttlcma City agrossttnt t0 oat ell oL CM park [ssz eelleeGO In eoensctien ' 1 - with dsvslepawst within tM Property (•PZbpsrty Patk Yees tbrsrd iwprovtsg the Pack S1 G: provided. howvsr, CLOY shall Mw CM right to rHwburu City's park toed Ltam future -- Pcepttty PKk PNf 't0 CM ezten! Chat pack [ps Colleted in eonMetlon with dew to pnenta outside the boundaries of the Property 41re prW lOUi ly Meo used CO[ imp rOVemtnta to CM Park SIG. Drainaee I erovemtnta APPt_~al• Clty Muby apptovaa 20 . !ht plane fubmitGO by owner Or dt^t nape iwp[OVtmteti at Lir! (S) lacatioM sloop DentOt and COCCOMOOd croske seat at Osncon rap Soad. apetiCleally being those Plans prepared by f __ Thrtadglll-OerdY ^ Asaoeiatte. Consulting Cnglnttrs: Packs o Coppell, plates lea, last Gvistd SePttmbec 7, 1956. and approved by Chs CSty of Ceppell Nblle Mocks Otpartwtnt. Owner - 7 - Sent By: INVESTMENTS; 972 991 7500; Sep-12-03 1:2BPM; Page 4!6 >» 'u shall eauN such dulnaga improvamanta to be conatructed~ rfthaut Neerial deviatldn from such Plana. Altar ciey~a engtONr hes conllrmld Gha! Orner ha^ completed such drainage tagrovwnta rithout watarial deviation from aueh plena, Clty egrNa to accept aueh drainage improveMnta and to maintain, npai[ and replace the same. MWn such land la not ovnad Oy Clly, arose aq nN to grJnt City aaaementa (in form mutually acnptable td Orne[ and Clty) covering eha •rus In rnltn such d uinage impsavamenta are looted to alloy Clty to use. maletain. repair and replace eM same. 11. Mater Lina Aaimburaament. Concurrently with the eaeCUtion O[ ehia Amendment, City aq[aee to pay Ornar the sum of fb.100.00 to nlmWra• Orner [or one-half et the eases of eatsedinq a siateen f3a) inch wcer llna In Packray foulw ord. I ` l }fti 22. Con motion o[ Eaiatin City he cahy ~ I / the agrNMnts 0[ C CORLItmt thaC C ty rll abide n J ~ eon unad in Cne AgrNman~TZu TA~7i'lT34t~Ct1liyFltlon, ChoN aq neMnta conN inad In Art1C Uf [Y, V and Y of Che Agraasaet rpardinq :ovine, subdivision erdlnanca ~,_~..--~ [near retalion end avin aaaNRlkanta. owner agcas that Ornar r no su a r rNidenetal lots travelog _ x e~,,a~~- C On Sandy Lake Rbad and nenton Tap Road, but Owner anal[ nave ` eho right ee front naidantial lots oe rWOea, Samualls, Lodge, q (%~4~'~'f~ Naarta an0 Paekray Boulward provided that rear access drivewa s are provl0ed for aueh late n y . s ~ ME~7AbD '^" 27. Road Namr Chaeve. Ornec and City Wuby aqua thae GG'~ ~L ~y SamuelL Read is ha nby subetieutsd for WLo net Road whe near i /-r~c nq untann Wfo uet Road appears in the Agnwnt. Tna to ngo ,f ~~ does not .apply to tna n[arlnce to Oatorut Road coneainN in f~s /I~+~ pa ugnpn if o[ tole MmnNnent. 2a. Mo Sea. Any noeiea Or cowwnicaefoe tequlra0 or pa Milled Pursuant to tW Aq uament shall W given in writlnq, aenc by united StatN met[, poetaga pnP+id, npiseand or arti(!ed evil. return receipt nquaand, add[NSed as tollova: To Amer: hrb o[ Cappell Jalnt YNtun [[ 12770 Colt Road, Sulfa 1213 ballaa. tasa^ Tl2S1 to CSty: -City el COppall P.o. eo: oaf toppell, TeRaa 70019 Attn: city ManaOer or to aueh other addnea oc to tM atNntlon O[ aueh otnar Pe[NA a1 Wrealtar shall G desigeaGd in wrltl n9 by eha aPPllcable patty. Any ouch notice Ot COOONInlGatlon shall ha duamd to have Wen given ee of eha data o! daposie in the Vnlnd ftatN mall. :y, o Eaa Time la important to both purer and City in Che pet Ormm~Ce Ot CW Aq OeMnt, and they hWe iq [fad thae strict COmPllane• Ls required ae eo any date sat forth tWrain. [f tM lino[ data of any period rhteh la sae Larch In any teem oe provie ion Ot she Agreement ta11a upon a Saturday. Sunday eY Upal holiday under eW lava oC Che Unlud Staeea or tW State o! TeRa7, then, and In aucn aucn t, [M time of aueh B Sent By: INVESTMENTS; 972 991 7500; Sep-12-03 1:2BPM; _ _ Page 5/6 . ... ~ '.1 pat iod shall bs eztended to ene neat day whien is noC a 6aturdaY, Sunday or legal hoilday. Za, SeverabilltY. if any tarn or Drovision et ene Aq neaMnl is Mld to be Ulegal. invalid ar unentotceable, the ~- legality. validley and antoresab/lily of ene remalnrnq acme and pwviaiona o[ the Agreerne sMil not bs alfected thereby. and in lieu of each such illegal, invalid or unen[o cceabl• Berm or pravia ion, CM rs shall ba added automatically to eh• Aq resrnt a Leg+1, valid and en[orceabl• term or provis wn as sial tar at Dofaible to eM arm oc provision decla nd illegsL invalid o[ unenLorcuble. Z7. Mo Naiver. No Cailu re by Owner or City to insist upon the stttet Derto raanee of any duty, obligation oc agreement conuined in CM Agreernt under any eircurunee shall conacltue• or be deerd a waiver or ea tgppel o[ tM ri~nc eo heat ina)aC upon CM sleitt pe rtotaand• oL CM same duty, obligation or agreernt undgr the sane oe etnet clrcumatanc es. M iehet Owner not GStY anaLl M deemed to hwe aaived ene ^trict pe rtormanu oL any duty, obligation or ^greerne eoneat~ed in tM Agceernt unless aueh waiver is Sn writing signed by CM patty waiving such duty, obligation or agteeaenc. 7i. [nty [e0ution. All •:Aiblti and annezee to the Ag nernt •nd this ArnMent ate incotpotaled tMrein and neisin 0Y re[erence for •L1 pucpoau . 19. M~yh~ee ontess Lz°ceasly Made. Eseept ^a •:p uasly cnanged hY ch+a Arndrnt, the Agreeret and all duties. obllgetiona and agteernt0 Ot OwMr and City Yoder ens Agreernt eeaain in Cull Lqtoe std et tset. r... o ~. ....: ...._ _ __ ___ _ -- •a see to rth in pa ugraph 2 of this Arndrnt. City snail not De requi nd to: li) Pay ec eeimburae Ovnee toe any ad valorem tas•^ paid Or paYab /e In Wnnectien witR PR1D• III Of tRe Patk SiN not Pgvioualy Paid by CiCY ae legal nd in pataq qPh 2 Mradt; or (li) maintain PMaM III oL tRe Park Site as nquiced ._ Sn paragraP4 12 MreOt. ]1. (Jeanine O[ A rte nt. IC is espnUly uederateod and agreed CMt CRe bteadh by OMne[ O[ City Ot any of CM dYtlea. obligat SoM or agnernta eentained ie •1lMr tM AOreernt or in eRU Arndrnt shall be a bnadh O! tM Ageeernt. Yeom and ^t ter CM fzedYtlon of this Arndree, tM Agteernt, as such tern 1^ used in the Agreernt ahd ae suers term Ss used In this Arndrnl. shall ran the Aqreernt, as arnded by Chia Aradrnt. 77. ~omelete Aareerne. TM Apewrnt, as arnded b7 thin Arndrnt. enbodlea CM comPUa agrrerne between OMMt and City Mich teapect to tM au0~ee! mat NC theteot and cannot a varied et aawaded ezeep0 by an cnatcurnc ezecuted by beth wnet and City. 77. qtn i L[e TM AOTeern0. q arnded by Chia OMM~nd~CitY aed eheirdreapeeliv auCeetaota andhiaa/gnytit of 7a. ownee agree^ co tarnish City Mith evidence that the ei~ o! this Arndrnt by CM lolnt vsntureca o[ Owner ezecutinq tRia Arndrnt Ma bean duly authorised by all requlre0 lotnt watun actiob and [hat tAia Arndmenc is binding on Amer. Ctty agrees to tarnish Owner with evidence that the ezeeutlen of this Arndrnt by tM Nayot and tM Ciey Adninisl utpr on behal[ Ot CM CItY Mi been duly aul hOYiied by all requited municipal actl0n end that this Amendment is bindl nq on City. T" 9 Sent By: INVESTMENTS; 972 991 7500; Sep-12-03 1:29PM; Page 6/fi =, Li. ~~ RR[MLD !! of for dltr fiat about rrittrn, ~- OMRRR: CItY: PAlRB OP COPPCLL JOINT CI'CY OP COPPRLL VCNTUR6 II er ! • ,.~ Rr N oharl R. A lrn or nine vrnturrr Ry /' ~.S lY tl f Joint V ntO trr irilnt Vrntutrr ~oHNO Kic4Q !l136 Gitr Adminiatrstor - 10 - T