Loading...
ST9905-ES040916Walter Hogg PS Larry Futerfas 3136 Routh Street, Suite 203 Dallas, Texas 75201-1335 COl'FELL . ~ ,.~-- :..,-~ ~ September 16, 2004 RE: Bethel Road I / Project # ST 99-05 Parcel 3 -- Right-of-Way Parcel 3E - Slope Easement Parcel 3El Temporary Construction Easement Dear Mr. Futerfas: This letter is a written as a follow-up to my prior letters concerning acquisition of right-of-way, slope easement, and temporary construction easement from your property. It also is a follow-up to our recent telephone conversation concerning the same. I apologize for the length of time it has taken to respond to that telephone call; however, I did take the time to ensure that a sewer line could be constructed with the Bethel Rd. reconstruction project, from the intersection of Freeport Parkxvay west to your eastern property line. During our last conversation, we discussed items such as utilities to the property and the actual value that the City was offering for the right-of-way. It is my understanding that you have an offer in hand of $3.15/per sq. ft. You may recall that the Dallas County Appraisal District has the property listed at $.79/per sq. ft. and the appraisal performed for the City of Coppell valued the property at $1.25/per sq. ft. However, because you havc a potential offer in hand greater than these numbers, it is my opinion that it would be prudent on thc City's part to attempt to make an oft'er closer in line to the potential sell price that you have. With that in mind, I would like to structure an oft'er that provides both monetary value and work in kind for the acquisition of the necessary right-of-way and easements from your property. 'Fo construct a sewer line from Freeport Park~vay to the eastern edge of your property requires about 1.450 linear foot of 8" PVC sanitary sewer. Along with that, four sanitary sewer manholes would need to be constructed and also one drop structure would need to be built on an existing manhole at the intersection of Bethel Rd. and Freeport Pkwy. Based on current prices that we have, the value of the sanitary sewer construction would be in the range of approximately $65,000. Because the sanitary sewer line would be constructed in the right-of-way of Bethel Rd., it is my opinion that it would be prudent to construct the sanitary sewer with the construction of Bethel Rd., as opposed to building the road and then coming back at some later date to construct a sanitary sewer line. Building a sewer line at a later date would incur additional expenses associated with restoring landscaping, sprinkler systems and any other damage that might occur to adjacent properties and the improved street. So again, it is my opinion that constructing thc sanitary sewer line with the road provides the best alternative. With that in mind, I am proposing to offer of $3.15/per sq. ft. for the right-of-way and temporary construction easement, ~vhich equates to a total of $126,119. I am also proposing that the City construct a sanitary sewer line from Freeport Pkwy. to your property with the construction of Bethel Rd. Because construction prices vary on any g~ven project, I am only using a value of $55,000 for the sanitary sewer. Therefore, the final monetary amount paid to you would be $71,119. This is the total of the right-of-way, slope easement and temporary construction easement valued at $3.15/per sq. ft., minus the value of the sanitary sewer at $55,000. l-his letter constitutes an offer from the City of Coppell for the acquisition of right-of-way, slope easement and temporary construction easement as follows: 1. Acqmsition of permanent right-of-way at $3.15/sq. ft. x 39,113 sq. It. 123,206.00 2. Acquisition of slope easement at ($3.15/sq. ft. x 1,268 sq. ft.) x 25% 998.00 3. Acquisition of temporary construction easement at ($3.15/sq.ft. x 12,154 sq. ft.) x 5% 1,915.00 4. Construction of 8" sanitary sewer line by City of Coppell (estimated value $55,000) -55,000.00 Total Cash Offer $71,119.00 If the above offer of $71,119 cash and the construction of an 8" sanitary sewer line to your property, with an estimated value of $55,000, is acceptable to you please sign below and return a copy of this letter to my office. Once a signed copy is received, the process for payment of the $71,119 can begin. When the check is ready, we can arrange a mutually agreeable time to meet and notarize the documents in exchange for the check. If the above offer is not acceptable to you, I would also appreciate a response to that fact. Also, if you wish to discuss this further please contact me as soon as possible. Sincerely, Kenneth M. Griffin, P.E. Director of Engineering/Public Works Office 972/304-3686 Fax 972/304-7041 E-mail kgri ffin~ci.coppell.tx.us Enclosures Larry Futerfas CC: Jim Witt, City Manager Clay Phillips, Deputy City Manager Robert E. Hager, City Attorney