Loading...
Connell Skaggs-CS 870916September 16, 1987 Coppell Independent School District Attention: Dr. David P. Standfield, Superintendent P. O. Box 445 Coppell, Texas 75~19 Re: Development of Mills Lane Gentlemen: As a part of its acquisition of a high school site, CISD currently has title to a 24 foot wide strip of land from Denton Tap Roa~ known as Mills Lane. This same 24 foot right-of-way is to be also used for construction access to CISD High School site. The property Owners along and each side of said 24 foot wide strip have been using Mills Lane for access to their respective tracts along with the general public for access to Willow Lane for over 15 years. In light of recent conversations concerning the ~ast and future use of Mills Lane we are in agreement that the dedication of right-of-way and subsequent construction to City of Co~pell standards would be a benefit to all parties. The centerline of the 24' strip of land known as Mills Lane shall be the centerline of the street to be constructed. In an effort to confirm our mutual objectives for Mills Lane and to encourage a construction time table we agree as follows: 1. It is the desire and intent of the parties to agree on the future improvements of Mills Lane. Accordingly, all parties shall dedicate rights-of-way to the City for future construction of Mills Lane. CISD shall dedicate its 24 foot strip of property to the City of Coppell shown as Tract 2 on Exhibit "A". The Parks of Coppell Joint Venture and the Belt Line 4.5 Partnership shall dedicate land as follows: (i) In the event a 50 foot right-of-way is required by the City for a 27 foot paving section the property owners along and either side of the CISD's 24 foot wide strip agree to each donate up tp 13 feet along and parallel to the CISD 24 foot strip; (ii) In the event the City of Coppell requires a 60 foot right-of-way for a 44 foot paving section then each of the property owners adjoining the CISD's 24 foot wide strip agree herein to eachdedicate up to 18 feet in lieu of the width in (1). Coppell Independent School District Page 2 Not withstanding the street size variation mentioned in the paragraph immediately preceeding the cost for the construction of Mills Lane shall be prorated and paid 1/3 by the CISD and 1/3 by the property owners on the northern side of the CISD 24 foot strip and 1/3 by the property owners on the southern side of the CISD 24 foot strip. As soon as engineering plans are finalized and determination is made by the City on the right-of-way width, each of the property owners on the north and south side of Mills Lane will dedicate the appropriate width of right-of-way. CISD agrees herein to donate its 24 feet width for right-of-way purposes upon written request by the City or any one of the parties below. In addition to each party's respective dedication of land, each party agrees to to pay its prorata cost for construction of Mills Road on the 1/3, 1/3, 1/3 cost basis set out above. Each party further agrees to reimburse the party first constructing said street for its 1/3 share of the cost not later than ~ years from the date of payment by the party paying for such costs. The prorata reimbursement to the party constructing the street and incurring such expense shall also include an interest rate based on the prime interest rate of North Dallas Eank & Trust and be calculated as simple interest for each day the reimbursement obligation is in effect. Since they have such obligation as their Tract, the CISD agrees to pay structure required under Mills Lane. a condition to platting of 1~0 percent of the drainage In order to permit Mills Lane to have access into the high school site without the necessity for a cul-de-sac, the CISD agrees to construct Mills Lane from its terminus listed as point "E" at the cost and expense of CISD. This cost and construction shall be done in a manner to permit access onto the CISD private drive shown as Point "C" and noted on the attached Exhibit "B". The cost of the roadway system shall include but not be limited to the construction, paving, drainage and other required public utilities, engineering, staking, platting, and supervision, including any fees to the City of Coppell. During and until such time as a right-of-way and street has been constructed, CISD agrees to keep the 24' strip open for public use and access to the adjoining property owners and to the general public. Coppell Independent School District Page 3 Should you have any questions or need additional information please contact us immediately. Otherwise, please execute this letter agreement in the space provided to evidence your agreement. Very truly yours Joe C. Hinckley Glen A. Hinckley THE PARKS OF COPPELL JOINT VENTURE BY: BY; BY: COPPELL INDEPENDENT SCHOOL DISTRICT BY: ~:. ~ T~NC[ No~Lh ~ deg. 45 min. ~ sec . ~.'~' ; ,~ THEKE NOrth ~ d,. 45 min. ~ ,~. ~est. * distance of 24 ~ f,k to , poldt . K~.~ ~ l/2;IKh Ir~ rff set for corner In t~ ~est line I ¢) 0 ~j 463.2 X ×