MacPlaza1/PP-CS 960426DELIVERED VIA
LONE STAR OVERNIGHT
Mr. Pert Virtanen
The City of Coppell, Texas
255 E. Parkway Boulevard
Coppell, Texas 75019
RE: PROPERTY COVENANTS AND
AGREEMENT
April 26, 1996
MUTUAL INGRESS AND EGRESS
Dear Pert:
I have enclosed the form of Property Covenants and Mutual Ingress and Egress Agreement
for MacArthur Plaza. Paragraph 4 of this document addresses the perpetual maintenance
of the common landscaping area, which will be deeded to City Garage, who will then
maintain same and will be entitled to reimbursement for the cost of maintenance from the
owners of the Sonic and SpeeDelube sites. If City Garage does not maintain the common
landscaping area, any owner of any portion of the entire 16 acres may force City Garage to
maintain same or undertake the maintenance thereof and charge back the owners of the
Sonic, SpeeDelube and City Garage sites.
The Riverchase Homeowner's Association has expressed absolutely no interest in accepting
this land or undertaking the maintenance of same, and given the mechanism described
above, placing any provision in this document allowing for same would be ineffective. The
City should not request or require that a third party be involved in this maintenance
obligation, given the interest which the multiple owners of this 16 acre tract will have in the
maintenance of same.
If you or the city attorney have any questions regarding this document, please feel free to
call me.
Very truly yours,
DALLAS AREA AFFORDABLE
PARTNERS IV, LTD.
By: CED Capital Holdings III, Ltd.,
its general partner/~
By: CED Con_~ru~on, Ic_.~ its genegg)l~a.rtner ~
agent
l~obe~ l~l.' ~oelker, authorized