Villages C P3&4-CS 891002TO:
SUBJECT:
HANDWRITTEN MEMORANDUM
FROM: TARYON BOWMAN
DATE: /~1,~._, /~
MESSAGE:
· 11.00 ff
THE STATE OF TEXAS
COUNTY OF DALLAS
SFCO LBJ' 'h accomodation
This ~ELEASE is.~gntered into by the City of Coppell, Texas
(the "City ) this /~.--~'day of ~, 1987.
1. The City, on behalf of-itself and its successors, legal
representatives and assigns, for and in consideration of the
behefits to be received ~t~ t~e City, in connection with that
certain Agreement dated ~_~~, 1987 by and between t~e
Citv and Triland Investment ~rou~Jr~garding the acquisition Dy
t~e'City of a certain park tract and utility facility tract and
o~her good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledge, does hereby
voluntarily and knowingly execute this Release with the express
intention of effecting the extinguishment of certain obligations
as herein designated.
2. The City, with the intention of binding itself and its
respective successors, legal representatives, and assigns, does
hereby completely, irrevocably and unconditionally, without
limitation, release and forever discharge BDC Development
Corporation, a Texas corporation, its successors, legal
representatives, assigns, agents, employees, officers, directors
and stockholders (collectively, "BDC") and/or that certain real
property situated in Dallas County, Texas being more specifically
described on Exhibit "A" attached hereto and incorporated herein
by reference for all purposes (the "Property") or any portion
thereof of and from any and all obligations, duties, liabilities,
damages, losses, assessments, contributions, costs and expenses
whatsoever, whether arising pursuant to a contractual obligation
or under the laws and ordinances of any governmental authority
having jurisdiction over BDC and/or .the Property, or whether
presently known or unknown, direct or indirect, fixed or
contingent, which has arisen or may arise or be in any way
connected with or related to the following:
(i) DeForest Road, including, without
limitation, the constructing, improving or widening
thereof or the installation'of utility facilities
therein, and expressly including any obligation to
improve DeForest Road with a two (2) inch asphalt
overlay; and
(ii) the escrow obligation of Triland
Investment Group to escrow the sum of $327,500.00
for future improvements to DeForest Road (as_-more
particularly set forth in the above-described
Agreement with the City).
87168 6223
3. The City, with the intention of binding itself and its
successors, legal representatives and assigns, does hereby
further agree that no obligation, duty, liability, damage, loss,
assessment, contribution, cost or expense arising or in any way
connected with the matters described in (i) and (ii) above shall
ever be imposed against BDC and/or the Property or any portion
thereof as a condition to final approval of the plat with respect
to the Property or any portion thereof or the issuance of any
other governmental permit required to be obtained from the City
in connection with the development of the Property.
DATED AND EXECUTED as of the date first above written.
THE CITY OF COPPELL, TEXAS
Title: MA¥0R
Attest:~
Name:
Title
THE STATE OF TEXAS S
COUNTY OF COPPELL S
BEFORE ME, the undersigned authority, on this day personally
appeared ~OU Z~,-~,qA/ , ~ ~ , of the City of
Coppell known to me to be the person an§ officer whose name is
subscribed to the foregoing instrument, and acknowledged to me
that the same was the act of said City and that he executed the
same for the purposes and considerations therein expressed.
GIVEN UNDER MY HAND AND SEAL OF OFFICE this the /~;'/~day of
My Commission Expires:
L IJ-. 1990
NOTARY PUBLIC'IN AND FOR
THE STATE OF TEXAS
(Printed Name of Notary)
UNDE I,,F.E GRAU
871'68
~elng a tract of land situated in the Patience Piles Survey, Abstract No. 1137.
and the R.g.~. & C.R.R. Survey, Abstract No. 199 in the City of Coppell, Dallas
County, Texas and being more particularly described as follows:
~£~I~INC at a ~ inch iron rod found for corner in the south line of DeForest
~oad (20 feet right-of-way), said point being $ 89' 4&' 05" E, a distance of
]472.50 feet from the intersection of said south line with the east line of
Samuel 8oulevard (41.92 feet rlght-ef-vay);
THENC£ S 89' ~' 05" E, along the south line of said DeForest Road for a distance
of 1,127.50 feet to'a ~ inch iron rod set for corner at the intersection of said
south line with the center line of future Allen Road (proposed 60 feet right-of-
way);
TE.E~¢£ S 00' 15' 55" ~, along said center line for a distance of 100.00 feet to
a ~ inch iron rod sot at the beginning of a circular curve to the left;
TE£NC£, along said circular curve to the left, having a central angle'of ~I* 1~'
41", a radius of 500.00 feet, a tangent length of 129.89 feet, for an arc length
of 272.81 feet to a ~ inch iron rod set for a point of tan§choy;
TH£NC£ S 30* ~9' 46" E, a distance of 760.15 feet to a ½ inch iron rod set for the
beginning of a circular curve to the right;
TH£N~£ along said circular curve to the right, having a central angle of 90*
26", a radius of 400.00 feet, a tangent length of ~05,32 feet, for an arc length
of 632.60 feet to a ~ inch iron sod set for a point of tangency;
THENCE S 59' ~' &0" ~, a distance of 60.00 feet to a ~ inch iron rod set at the
be~inning of a circular curve to the left;
T~N~£ along said circular curve to the left, having a central angle of 25' 06'
~$", a radius of ~00.00 feet, a tangent length of 89.10 feet, for an arc length
of l?~.3& feet to a ~ inch iron rod set for a point of tangency;
THF~E ~ 55* 21' 18" ~, leaving sat~ center line of Allen Road, a distance of
2~2.00 feet to a ~ inch iron rod act for corner;
TE£NL'E ~ 03' 04' 08" ~, a distance of 129.06 feet to a ~ inch iron rod set for
T~CE ~ 26' ~3' ~G" E, a distance of 6G.15 feet to a ~ inch icon rod set for
~NC~ ~ 16' Gl' ~7" ~ a d~stance of 62.7G feec to a ~ ~ch ~ron rod set for
..corner; ................... ---
~C~ N 12' ~9' 61" ~, a d~s~ance of 1~0.3~ feet to a ~ inch ~ron rod se~ for
8'71'68 8225
· distance of 178.93 feet to i inch iron rod set for
cornet;
THE~C£ ~ 33' &l' 26" ~, a distance of 13.07 feet to a ~ inch iron rod set for
corner;
THENCE ~ 71' 33' 56" ~, a distance of 82.27 feet to a ~ inch iron rod set for
TH£~C£ ~ 23' l&' ]6" W, · distance of ilS.l& feet to a ~ inch iron rod set for
TH£~¢£ X 89' &6' 05" ~, a ~istance of 729.08 feet to a ~ inch iron rod set for
corner at the beEinning of a circular curve to the left;
TH£NC£ e~ong ea~d circular curve to the left, having a central angle of 12° 09'
20", a red,us of 962.50 feet, a tangent lenEth of 102.68 feet, for an arc length
of 206.20 feet to a ~ inch iron rod set for a ~oint of tanEency;
TH£~£ ~ 00' !5' 55" £, · distance of 627.33 feet to the POINT aT
Cootainin~ 30.80]~ acres (1,3&1,?09.92 square feet) of land, ~ore or less.
Being a tract of land situated in the Patience Piles Survey, Abstract No. 1137,
the B.B.B. i C.R.R. Survey, Abstract No. 199, and the J. ~. Mounts Survey,
Abstract No, 90~, in the City of Coppell, Dallas County, Texas, and being ~ore
particularly described as follo~s:
BEGIN~IK~ et a ~ inch iron rod found for corner at the intersection of the south
lin~ of Deforest Road (30 feet right-of-ray) vith the centerline of future Allen
Road (proposed 60 feet right-of-v~y), said point being S 89' &&' 05" £, a distance
of 2600.00 feet fro~ the intersection of said south line of DeTorest Road vlth the
east line of Saw-,el Boulevard (ll.92 feet
T~C£ $ Sg' ii' 05" £, alone the south line of said DePorest Road~ a distance of
1200.00 feet to · ll inch wooden post found for corner;
TH£Ng£ S 00' 3&~ I$". ~, a distance of 558.55 feet to · ~ inch iron rod found for
cornet;
T~1£~£ S 89' ii' 0~" E, a distance of &7.29 feet to · ~ inch iron rod found for
corner~
~llENCE ~enerally along the ~.ander of the high bank line of Denton Creek ~s fellers:
$ 69' O?~ 3&" ~, a distance of 21&.27 feet to a ~ inch iron rod
found for cornerl
S 32' &2' 02" ~, a distance of 196.61 feet to a ~ inch iron tod
found for corner;
S 21° 33' 37" E, a distance of 237.0& feet to a ~ inch iron rod
for corner;
8 !1t68 '6 226
THENCE S~ 20* 33' -~&' ~* a distance of 100.O0 feet to a % inch iron rod aec for
co~ner;
TP~C~ ~ ~8' 39' 3~" E, · d~st~nce of 17~.62 fee~ to · ~ ~nch ~on rod set for
corner;
THENCE S 21' 02* 15" E, a d~s~ance of 60.9~ feet to a ~ ~nch ~r6n rod set fo~
corner;
~E~CE S O~* &2' 38" E~ a distance of 101.98 feeC to · ~ inch iron rod se~ for
coTne~;
~C; S 26' 33' 5l*' E, a distance of &3.B9 feet to a % inch izon rod set for
corner;
T~S S 27' 11' 33" ~. a distance of 385.67 feet to a % inch iron rod set for
corner in the North line o~ future ~cArthu: Boulevard (proposed 100 fee: right-
of-way);
TH~C$ N 62' 37' 39" ~. alon8 said North line of ~cArthur Boulevard for a distance
of 1190.67 feet to the POINT OF BECI~INC;
'Containing 938.06&.51 squa~e feet or 21.5350 acres of land. mo~e or less.
Part of Tract I and ~ost of Tract III are now known as VIL~GE.
OF COPPELL, PHASE I, an A~dition to the City of Copgell, Dallas:
County, Texas, according to the Map thereof recorded
vol~e 86118, Page 1828, ~P Records, Dallas Court:y, Texas
and Surveyor Certificate of Correction recorded in vOlUme
Page 2281, Deed Records, Dallas County, Texas; as affecte~
by Coffee:ion filet April 1, 1987, in Volu~e fT~', Page ~,
~ Records, D~llas County, Texas;
SAV~ AND EXCEPT . .
~ts 22, 23, 36, 49, 24, ~0, 35, 39, 46, 51, all in Blbck C
and ~t 26, Block:.' B, Village of Coppell, Phase I according
to the Map thereof"'recorded in Volume 86118, Page 1828, Map
Records, Dallas c~unty., Texas and Surveyor Certificate of
Correction recorde~-in 'volume 86199, Page 2281, Deed Records,
Dallas County, Texas; as affecte~ by Correction file~ April
l S7, in volu e , ecords, Dallas County,
Texas *