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Valley R Center-AG 921013 AGENDA REQUEST FORM /~ ~/ C/TY COUNCIL MI~TING October 13, 1992 ~ ~ ITEM~ ~ ~To consider approval of a repl ( B-RI. thru B~R3, l_ocated at the southeast corner ot~~ ~st of United Commercial Realty. \ EVALUATION OF ITEM: Date of P ~ Z Meeting: September 17, 1992 Decision of P g Z Commission: Approval (5-0) STAFF REP.: Planning Director. (~ary L. Sieb OTHER REP.: DATE: Please see attached staff report for further details. BUDGET AMT. AMT +/- BUDGET N/A FINANCIAL REVIEW BY~ LEGAL REVIEW BY: REVIEWED BY CM: ~ CITY OF COPPELL PLANNING DEPARTMENT STAFF REPORT VALLEY RANCH CENTER - REPLAT - BLOCK 1. LOTS B-R1 THRU B-R3 P & Z HEARING DATE: September 17, 1992 C. C. HEARING DATE: October 13, 1992 LOCATION: At the southeast corner of MacArthur Boulevard and Beltline Road. SIZE OF AREA: 4.67 acres of land REQUEST: Approval of a replat of Block 1, Lots B-R1 thru B-R3 of Valley Ranch Center. APPLICANT: United Commercial Development Mr. Scott Morway 7001 Preston Road Suite //222 Dallas, Texas 75202 214-526-6262 HISTORY: Subject property was previously platted as four lots; Lots A, B, C and D. TRANSPORTATION: This site is served by MacArthur Boulevard as well as Beltline Road. ITEM 6 SURROUNDING LAND USE & ZONING: North - Vacant; R & MF-2 South - Vacant; LI East - Vacant; LI West - Commercial uses; LI zoning ANALYSIS: United Commercial Realty is seeking approval of a replat of Lot B; to change the lot to three lots instead of one. The Company wishes to purchase the subject parcel, but must subdivide it in such a way, in order to receive financing. Staff has no objections to the approval of the replat. ALTERNATIVES: 1) Approve the replat 2) Deny the replat 3) Modify the replat ATTACHMENTS: 1) Replat Document 2) Letter vrcrep.stf September 9, 1992 UNITED COMMERCIAL DEVELOPMENT Mr. GarySeib, Director of Planning and Community Services City of Coppell 255 Parkway Boulevard Coppell, Texas 75019 RE: Request for Reptat Valley Ranch Centre SEC Beltline Road and MacArthur Boulevard CopDell, Texas Dear C~ry, I appreciate your taking the time to call me this past .~ck in order to discuss the above-referenced ~plat. As you ara aware, our sole purpose for ~=~uesting the reptat is that ~;e ar~ purchasing all of Lots B and D, as indicated on the existing plat, but because we have two separate lender~, the secured properties for the loan ara being separated out as follows: First Lender Second Lender Lot B-R3 LOt B-Ri LOt B-R2 Lot D I have enclosed a copy of the propose plat for review in this discussion. Additionally, as you have reguested, I have enclosed an 8-1/2x14 copy of Exhibit "E" out of our Reciprocal Easement AGreement with Tom Thumb. This agreement runs with the entire land (exclusive of the Mobil site only) and defines certain development parameters and areas. As you can see by the drawing, the only additional development which we are allowed on the site is the L-shaped area surrounding the Mobil station, the future development "wing" bet~cn Tom Thumb and Beltline Road, and a small kidSR location fronting MacArthur Boulevard. I have also enclosed a large site plan and have highlighted the future development areas which are allowable pursuant to the agreement with Tom Thumb. As a simple rule of thumb, it would be best to say that all the grass pad areas at the site raprasent th~Do~ibte ~utura deYelop~ent sites, with the exception of the possible kiosk site, which has been discussed and may or may not be built along _Beltl~nej~ As I mentioned, we are reguestinG the raplat for financing purposes only since almost any lender will r~guira that their secured property under a loan be separately platted rather than having just a metes and bo~s legal description of the property. Obviously, we would still be required to meet all building, parking, and other code requirements enforced by the City of Coppell, as well as The Valley Ranch Master Association, at the time any developments were proposed. 7001 Preston Road, Suite 222 · Dallas, Texas 75205 · (214) 526-6262 · Fax (214) 522-4614 Mr. Gary Seib Page 2 September 9, 1992 I would very much appreciate your assistance on getting this property reptatted and if I can provide you any additional information, please call me at your earliest convenience. Sincerel y, Scott Aust~n Morway Executive Vice P~esident SAM/nYh Enclosures cc: David Dunning Gene Abbey LAI~ AREA VALLEY RANCH CENTER