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Town C AddL2/SP-CS00051705/17/00 WED 16:39 FAX 214 745 5864 WS&M DALLAS FLOOR 54 ~001 WINSTEAD SECHRIST &MINICK 1V'J,~ No. D~ct No. Dire~ (214) 745-5400 (214) 745-5390 [,rt,~e ~ S ~t~g~] (214) 745-5745 '~-m~e 1201 Elm Sm:ct Tex~s 75270.2199 ~arJ..~m~L-~or,., Esq. -,=:h=rsor. L~ wins~Lcom FAX COVER SHEET RECIPIENT PHONE NUMBER FAX NUMBER Bob Hager (214) 965-0010 Sender Arthur J. Anderson Page(s) 9 pages (including cover) Date May 17, 2000 Client 179:18949-5 Should transmission problem occur, please call: Paget Grimes (214) 745-5747 Art Anderson (214) 745-5745 X Jimmy Wilson or Chris Green (2]4) 745-5483 MESSAGE: Thc information contained in th[s facsimilc message is attorney priv;]eged ,~ud confidential information intended for the uae of the {ndividual or entity ~mmed above. If thc reader o{'this mcssage [.~ not the intended recipient, orfl~c employee or agent responsible to dcliver it m thc in[enclcd recipient, you are hereby notified that any dissemination, distribution or COl~ying of thks communication is strictly prohibited. If you have received r~is tax in error, please immediately notify tis by telephone, and return the original message to us al thc above addre~,~ via thc U. S. P~.~tal Service. 3250863 MRY 17 '00 17:00 214 745 5864 P~GE.01 WS&M DALLAS FLOOR 54 0 : :~:4,~I:~! : 972 991 ~002 WSM D&LLAS:# 2 1989 6940 Re: MacA=thur Extension Deac Mi~e, draf~ 6~ Tri-Party Contrac~ i~ which ! have a~tem~Ce~ ~o Hurt. The enclosed has been 're~-li~d" to S~OW the c~a~gel from the prior draft thereof. By copy of ~his letter, I am havAng .a~ditional cgpiee, of the encloaed hen5 delivered to. ~essr$. Hznckle2 an~ Kid~. By copy of t~i8 letter, !almo mm telecopying copies or CAe camel ~o COnltrUct the Denton Creek bridge have been tmnded. Znc].oSUrm 50338 {10) l~icltard ~. Dooley Mr. Glen A. HincXIey (w/enc.) - HAND DElIVERy Mr. John B. Kidd {w/eric.) - HAND DELIVEK¥ Mr, Jeffrey W. ~urt (w/atta~%,; , VrA TEL~COP¥ Mr. Law=mnce W, Jackson (w/a~taoh,) - VIA TELZCOFY ~IRY 17 '00 17:00 214 745 5864 PRSE.02 0.5./17/00 WED 16:39 FAX 214 745 5864 WS&M DALLAS FLOOR 54 ~003 ~hia ?r£-Par~y Con~ac~ ("Con~rac~") £S made aha sabered [n~o aa o[ C~e day o~ , ~89 (t~e "g~ee~tve Date"), by and- among The ~a~ka O~"-Coppell Joint Venture Il ("Venture"), a Taxa~ ~oint venture, acting by and through itl corpora~£on ~nd ~ol~cal subdiv~eio~ of ~he S~ace o~ Texas, f4ortgage & Realty, Znc. ('Vista"), a Texas ~arpore~ton, acting by and through i~a duly authorize5 officer, WHEREAS, Venture owns that ce:tala land described in Exhibit A attached hereto and, incorporated herein by reference for al~ ~urposes (~e 'venture Right-of-Way'); and WHIREAS, City and vista wish to cause the constructiea of an ascension o~ MacArthur Boulevard aleng ~ha~ eettai~ right-De-Way (which includes [he Venture Righe-o~-Way) depicted on ~xhibit e atcac~e~ he,etD and incorporated herein by re:greece :ar ail purposes (the '~aCArthur Extension") pursuant t~ the plans end specifications described in Exhibit C attached hereto and incorporated herein by referemce for all purposes (the "Plans"); and ~rdEagA$, =ub acc to ~he ~on of the ~acArthur Extension in accordance ~ith the Plans and to cause the construction Of a bridge acro~ DentO~ Creek aS a part ~acArehut eeuleva:d as ex~ended (the 'Bridge"),: and W~RF. AS, City an~ Vista have requeste~ Venture to execute an~ deliver the De~icatiou Deed a~tached here~o es Exhibit D and tncorpocated herein by reference for all purposes, aursuant to which Venture dedicates to ClOy the Venture Right-of-Way which is necessary, together with other right-el-way, Dedication Deed upon She terms ina conditions contained he~ein; an~ of thm agreements containe~ herein~ Vencure~ City an~ Vista hereby agree as :o[lowa~ MAY 17 '00 17:~1 214 745 5864 PRGE.03 05/17/00 WED 16:40 FAX 214 745 5884 WS&M DALLAS FLOOR 54 7500 ~004 o~ City end ViSta con~'ained herein ~1~_o~ w~i ~ are execute a~d ~d~ive r ~o s ~0 City, The Dedication Deed c~n~sin~ a condi~nal l~m~ati~n on ~itle pursuant bo w~fch title to the Venture Ri~ht-o~-~aM autometi~all7 reverts to venture i~ the construction Et MaCArt~u~ ~xtensicn~~ befare j~ey 1, 1~0 ~ot commenced Conetruc~ion of the ' MacA~ur Extension shall be deemed commenced when gradin~ of the ratght-of-we¥ ~h~refor begins, ~rl~_~hall be deemed cemented w .nd construction o 2, ~ns2tuC2ion ~OS~ Fund~pa. Vts:a hereby ~on~irms Venture tha~ vista has-agreed t~ fund to ~he RU~ ~he money necess~r~ ~o pay all costs to construct the MscArt~ut Extension in accordance ~Ath ~he Plans. _..3. . ~ Vista hereby agrees ~i~h Ill nqt fund any money ec the =,~ , ..... ture.~at Vista acart~ur ~tension and ~.~ ~.~u,_ ~? c~sttuct~on o~ the conatr~ction oe the ~acArt~,,- ~--~ the Sri. dge has commenced. -- ---ens~on . 4, ~, After the Extension is commen~=~ ....... · _ Of th~ MecA:thur 5. ~_~ C~ar~le ~o ~. Ci~F hezeb7 agrees that Venture 1 not be subjected to any charge relating to She constructio~ of she ~ecArehur Extension the Bridge (the "~oad and Brid-e ~ .... ,,°r_~he .?ns2ruction o[ of Venture, ~ ~o~ ; other ~nafl t~ , a pro rata sha~- -~ ~--. · payment Veneers aight-o:-Wi~an~ v .......... . scene to ute or proceed[n~ ~IRY 17 '00 17:01 214 745 5864 PRGE.04 05/17/00 WED 16:40 FAX 214 745 5864 WS&D~ DALLAS FLOOR 54 / ~005 w~M D^I,L^$: # ~ · ridge COSTS Diner than the Agreed Pro Rata Charges, City ag:acs tha~ City e~ther will not a~empt ~0 collect such cha~ge o~ ~ha~ C~ty ~11 ~ay such charge. 6. Pa~k ~lnd _Donat.£on Agreeaenk. Az used here~n, "Park Land Oona~o~ Agreement" ~eans t~a~ ffe~ain Pack Lan~ ~ona~on A~reement, dated ~ovember ~4, I~BY, ~etween Cop~ell center, Inc. ("CTC") and City, pertain~ng to ~he c~nstr~c~io'n o: a la~e upon certain land described ~he;e~n and the subsequen~ Oonation of such land to City. ~'Cit¥ hereby agrees Donation Agreement unless the Commencement Dire (as defined in cbc Park Land Donat£on Agreement) doe& net occur on o£ before one (~) ~ea= a~te: the ~acArthur ~en$~o~ Completion Date. City ~urthec agrees that Cit~ will no: have t~e right to terminate the Pat~ Land Donation Agreemen~ unless the Com~le~on Date (as defined in the eat~ Lend Donation Agteem/nt) does eot occur ~ or belote ~wo (~) gears a~ter the ~acArthur Extension comp~etioR Date. The provis~o,a of this paragraph ate an amendemnt ~0 the Perk ~and OcnattO. Agreement, and OTC has Joined in ~he execu~ion Qf this the purposes 0: acknowledging ~uch amendment. ?, L~ke ~ack ~d~i~lO~ Preliminary Plat. Clt~ has issued approve! 6f a ~relimi~a~ plat' filed Wi:.~~¥ Venture ~0£ Pat~ -A~dft~on a~rov~l of the Lake Park Additions~ Preliminary Pile until that date which is one (l) year af%e~ ~he M&cAr~ur Co~plekion 8. Aor~cultural U~e. The lands o~ned by Venture ~o the Venture Right-Of-Way ~Eesently i8 being used mea~u£~s wtthln 'Vis~a"s control co ........ ' %o cause the RUe (if the Rue nacc~c~a the aaci:thur ~tension) tO take all action~ neqesaary to inlure that such agricultural uaea ate of the l~acA~thur Extension, I~ Vista constructs all or any pa£t qf the NecAr~hur Extension, Vista agrees to take all reasonable actions necessmtr to insure that such agricultural uses are materially ~nter~ere~ with in connection wi~h the cons~ruction, of the ~acArthur ~xtsnaion.. ~¢i~7_=.ag~ees_ _- _ ~_e~at=_~ ritz 9, ~etail Trac},. A Portion 0£ ~he lands ow~ea by'Venture Tract"~°neda~under the ~oning ordinances Og C~~ MAY 17 '00 17:02 214 745 5864 PAGE.05 05/17/00 , ~I~'ED 16:41 FAX 214 745 ,557~4 W$&M DALLA$ FLOOR 54 ~006 10., ~, Within ten (~0) daze after Cbs E~ective hereto lwith written evidence o£ the aubhocity og the person(s) executing this ContraC~ on behalf o~ ~he applicable part~. A. ~E the construction commenced e~ re Ma 1 Reverber, and this Conbract shall lapse and become null and veld, commenced D fo · Ma l, lg 0 ant Vista ~sils or re~uaea ~o pay or perform any outy or obliga~ion cE Vista im$oaed by ~h~s ¢ont~ac~ and such ~alluze or refusal is no~ cured within tin (10) days e~er Venture has delivered written notice =hereo~ to vista, Ve~ture at Van=ureas election may eisner (i) enforce specific performance o~ the dutT ~r o~ligation which Vie~a has failed or refused ~0 pay or per/cfm (~ha "Spe~ific Performance Remedy'), or (ii) pay or perform or causv ~he payment or performance cE the du~y or obligation which Vises has failed cc refused to ~sF or perform (~he "Cu~e Remedy-). The 8pacific PerfOrmance Remedy shall include both mandatory (a court .o~der to Vista to pay or perform a s~ecl£ic act) and prohi~txve (a court order to vista to no~ perform a specific act)'relief. If [en~ure elects the Cure Remedy. vista hereby agrees to pay venture in casa upon written de~3nd the ~otal O~ (z) ill out o~-poeket ~ co~s paid by Venture in ~nnec~ion ~he~ewith [ezcl~din9 ~ny supervisory COSta or c~nancin~ charves), ~..~.~,. (y) ~hat amoun~ equal ~o ~wen~y pe~cen~ (20%) of ~he amount of clause (x) (~c compq~aa~e Venture ~or supervisory costs er ~inaacing charges)~ ~ C. I£ ~he construction o~ the ~aeArthur ~stensLon is commenced e ~e ~& ! I ~ and pay or percorm City'S- -duties or oblig~tions unde~ MaY 17 '00 17:02 214 745 5864 PF]GE.06 05/17/00 WED 16:41 FAX 214 745 586.4 W$&~f DALLAS FLOOR 54 ~007 WSM DAT.I.AS: ~ 7 not cured wt'Uhin*'~(lO) days a~ter Yenbure has delivered cbli~atiom which C£~y has ~a£1ed Ot re,used tO pay Or perfo~, ~. Tho remediem set ffor:~ in ~hie ~aragtaph ere :he exclusive remedies ~ Venture ~ot Vts~a'm o~ ¢i:¥'a :ailu:e or £e~usal to ~ay et per,arm ~he duties e~ obligations i~poaed u~on the applicable party by this Contract. 12, AttOrneys' Fe~s_. Shoul~ any ~atty to this Contract commence ~egal ~rocee~i~g~ against any other party ~o this Con~ract to es:orca :he terms and prov~sion~ off Chis Contrac:, the party losing ~n such legal proceedings ~hall p~ legal proceedings. o~ this Contract, and all Part~em hereto have agreed that strict compliance is required aa :~ any da~e met £orth herein, If the final date ag any period which ia seb ~orth in any term or provis~on o~ this Contract falls upon a Saturday, Sunday or Legal holiday under the laws o£ the United .States or the shall be ascended bo the next day which is not a Sunday or ~egal holiday. 14, ~Otices. Any notice :equlred at desired :o ~e lyes ~o. any par~Y hereto shall be deemed 20 b- a.~ ..... . ,,, _~ .- aa~e of delivery, Ig ha-~ ~-~' ....... ~.~-.--u~eu ~xl on e appizc~le party set out below auo~ sr signatu=e hereinbel0w An .... -- ~ ...... p ty --- : -- -c--T-- ~s actually received br cna other patties hereto, the ~ast adoteau ot much party ~esi~SCed ~or no shell remain such parby's address £or notice, 15, ~evetabilit2. ~ any &erm or ptovlslon O~ this Contract iS halo to be illegal, invalid or unen~otcsible, the legality, 7ali~ity and en£orceabilit2 o[ the remaining and provisions of chis Conerac~ shall not be affected thereby, and in lieu of each such illegal, invalid or unengorceable Corm Or provision theft shall be added automatically tO this Contract a legal, valid and enforceable te~m at pr~viaian aa similar aa possible ee ~he te~m o~ provision declared illegal invalid and umenforceable. - G . HR¥ 17 '00 l?:a2 21d 7~5 5864 R~4GE.07 05/17/00 WED 18:42 FAX 214 745 5884 W$&M DALLAS FLOOR 54 : ~:~i'M : 972 ~)91 7500,4 0O8 16, Waiver. 'Any party hereto shall have the right to waive any requirement contained ~n %his Contract, which is ln~.nded £or tb~ ~aivin9 ~artF's benefit, hut, except a~ otherwise specifically provided herein, such waiver shall be effective only if in wrt~in9 'executed by ~he party for ~hoee benefit such requicemea~ t= intended, 17, Ceph, ions. The captions used in connection with ~ho and shall not ~e deemed to expand et limit the meaning of the ~an~uage o~ this Contract. 18. ~se_ of LaBauaqe. Wards of a~y gender used in this Contract shall ~e ~1~ and c~nstrued to include any ~the~ gender, and words in the singular shall be held ~o include the plural0 un,ess the contex~ otherwise requires. Z~. ~cver~t.nc ~aw {~d venue, This Contract and all of the transactions contemplated her-~-in shall be governed by and construe~ in accordance with the laws of ~he State of Texas, d~s~u~e concerning this Contract o; any 0£ the transactions coneemplated herein shall Me tn snr route o~ compa~ont Jurisdic~iofl in Dallas County, Tease. 20. /~tL~;/l.~..~lZ~, venture shall have the r~ght ~o assign Venture's rights and remedies under this Co, tract to parties which purchase all or portions o~ ~he lands owned ~¥ Ve~t~ro ad, scent to ~he MacArthur Extenoio~. Ne~her City nor Vista shill have the ri~h~ to assign an~ of 'the applicable Earty'8 without ~he express pri.o~ written consent cf Venture. agreement among the ~es heroes part with respect to the ~ub~ect matter hereof and supersedes all prior ogreemeflk~ whether writte~ or oral. 22, Amendment, Except as otherwise specifically ~rovided heroin, this-contract may no~ be amended, varied or ~ermineted ezcep~ by an agreemen~ in writing executed by City, Venture and 23, ~din9 effect,. Except as otherwise provided herein, this ContraC~shal~ ~e binding upon and laura to ~hs beaofi~ O~ City, Vesture and Vises and their respective successors and number of counterparts, each O~ which shall be In oilginal, and all o~ which sAall be deemed to be one end the alms insC=umene. MR¥ 17 '0~ 17:03 214 745 5864 PRGE.08 05/17/00 WED 10:42 FAX 214 745 5804 WS&M DALLAS FLOOR 54 / ~009 M£chael ~. Allen ~oink Venturer Joink VenOus:er joh i'dd ~oint Ven~ure~. C£~y O~ Ceppel! P.O. Box 478 C~ppell, Texas 75019 A~n: ~ayor By: Th~ Stacy $uzanne Allen Sgectal Trust, The Chzlatine Anne Allen SPecial Trust, The David Cfittenden Allen 8y M£chael"~. ~llen -- A~tcr~ey-£n-Fac~ lot eac uch VISTA: VISTA MORTGAOE & REALTY, INC. v~sta Mortgage & Realty, Inc. 2001S~¥an Tower, Suite 3500 Dallas, TaKeS 75201 T~e Parks o6 ceppsll Joint Venture Il 12770 Col~ Road, Suite 1215 Dallas, T~zas 75~51 COPP~LL TOW~ CZ~TZR, INC. Sy 50385 Coppell To~n Ce~er, Inc. 12770 Col~ aoad, suite 1215 Oallal, Texas 7~251 MaY 17 'On 17:03 214 745 5864 PAGE.09 Article 6. INTEREST. No interest shall ever be due on late payments. Article 7. CONTRACTOR'S REPRESENTATIONS. In order to induce OWNER to enter into this Agreement CONTRACTOR makes the following representations: 7.1. CONTRACTOR has studied carefully all reports of explorations and tests of subsurface conditions and drawings of physical conditions which are identified in the Supplementary Conditions as provided in Item 1.3 of the General Provisions, and accepts the determination set forth in Item SC-1.20 of the Supplementary Conditions of the extent of the technical data contained in such reports and drawings upon which CONTRACTOR is entitled to rely. 7.2. CONTRACTOR has obtained and carefully studied (or assumes responsibility for obtaining and carefully studying) all such examinations, investigations, explorations, tests, reports, and studies (in addition to or to supplement those referred to in paragraph 7.1 above) which pertain to the subsurface or physical conditions at or contiguous to the site or otherwise may affect the cost, progress, performance, or furnishing of the Work as CONTRACTOR considers necessary for the performance or furnishing of the Work at the Contract Price, within the Contract Time and in accordance with the other terms and conditions of the Contract Documents, including specifically the provisions of Item 1.3 of the General Provisions; .and no additional examinations, investigations, explorations, tests, reports, studies, or similar information or data are or will be required by CONTRACTOR for such purposes. 7.3. CONTRACTOR has reviewed and checked all information and data shown or indicated on the Contract Documents with respect to existing Underground Facilities at or contiguous to the site and assumes responsibility for the accurate location of said Underground Facilities. No additional examinations, investigations, explorations, tests, reports, studies, or similar information or data in respect of said Underground Facilities are or will be required by CONTRACTOR in order to perform and furnish the Work at the Contract Price, within the Contract time and in accordance with the other terms and conditions of the Contract Documents, including specifically the provisions of Items 1.3, 1.20 and 1.21 of the General Provisions. 7.4. CONTRACTOR has correlated the results of all such observations, examinations, investigations, explorations, tests, repons, and studies with the terms and conditions of the Contract Documents. 7.5. CONTRACTOR has given ENGINEER written notice of all conflicts, errors or discrepancies that he has discovered in the Contract Documents and the written resolution thereof by ENGINEER is acceptable to CONTRACTOR. 41 Bidding and Contract Documents Article 8. CONTRACTOR DOCUMENTS. The Contract Documents which comprise the entire agreement between OWNER and CONTRACTOR concerning the Work consist of the following: 8.1. This Agreement (pages 39 thru 44, Section I inclusive). 8.2. Exhibits to this agreement (immediately following this Agreement, inclusive). 8.3. Performance, Payment, and Maintenance Bonds and Certificate of Insurance. 8.4. Notice of Award. 8.5. Part 1: General Provisions of the Standard Specifications for Public Works Construction, NCTCOG, latest edition. 8.6. Supplementary Conditions to the NCTCOG, Part 1: General Provisions (pages 53 thru 60). 8.7. Specifications bearing the title: "Construction Specifications and Contract Documents for the construction of drainage, water, sewer, and paving for Dividend Drive, Gateway Business Park No. II, Coppell, Texas, Project No. ST9802 for the City of Coppell. 8.8. Drawings entitled: Drainage, water, sewer, and paving for Dividend Drive, Project No. ST9802. 8.9. The following listed and numbered addenda: 8.10. CONTRACTOR's Bid Proposal and Bid Schedule of Section 1 - Bidding and Contract Documents. 8.11. Documentation submitted by CONTRACTOR prior to Notice of Award. 8.12. The following which may be delivered or issued after the Effective Date of the Agreement and are not attached hereto: All Written Amendments and other documents amending, modifying, or supplementing the Contract Documents pursuant to Items 1.37 and 1.38 of the General Provisions. 8.13. The documents listed in paragraphs 8.2 et seq. above are attached to this Agreement (except as expressly noted otherwise above). The Contract Documents may only be amended, modified, or supplemented as provided in Items 1.37 and 1.38 of the General Provisions. 42 Bidding and Contract Documents AN ORDINANCE OF THI~ CITY OF COPP]~LL, TEXAS ORDINANCE AN ORDINANCE OF THE CITY OF COPPELL, TEXAS, AMENDING THE COMPREHENSIVE ZONING ORDINANCE OF THE CITY OF COPPELL, TEXAS, AS HERETOFORE AMENDED, SO AS TO CHANGE THE ZONING ON THE HEREINAFTER DESCRIBED PROPERTY TO THE NEW ZONING CLASSIFICATION HEREIN STATED; PROVIDING A REPEALING CLAUSE; PROVIDING A SEVERABILITY CLAUSE; PROVIDING PENALTIES FOR VIOLATION OF THIS ORDINANCE NOT TO EXCEED THE SUM OF TWO HUNDRED DOLLARS ($200.8(]) FOR EACH OFFENSE; AND DECLARING AN EFFECTIVE DATE. WHEREAS, the City Zoning Commission and the Governing Body of the City of Coppell, Texas, in compliance with the laws of the State of Texas with reference to the granting of zoning changes under the zoning ordinance and zoning map, have given requisite notices by publication and otherwise, and after holding due hearings and affording a full and fair hearing to all property owners generally, the said Governing Body is of the opinion that said change of zoning which is on application of UNIVF~T I~C. should be granted and the Comprehensive Zoning Ordinance of the City of Coppell should be amended in the exercise of its legislative discretion: NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF COPPELL, TEXAS: SECTION 1. That the Comprehensive Zoning Ordinance of the City of Coppell, Texas, be and the same is hereby amended by amending the Zoning Map of the City of Coppell, to give the hereinafter described property a new zoning district classification, to-wit: "TH-2" Town House-2 Zoning District Classification Said property being described as follows: BEING a tract of land situated in the Clarinda Squires Survey, Abstract No. 1327, Dallas County, Texas and being a portion of that certain tract of land described by deed to the Parks of Coppell Joint Venture II as recorded in Volume 81239, Page 1382, Deed Records Dallas County, Texas and being more particularly described as follows: COMMENCING at a point of intersection of the east line of Denton Tap Road (a variable width right-of-way) with the north line of Sandy Lake Road (a variable width right-of-way); Thence along the said east line of Denton Tap Road the following courses and distances: N. 47° 45' 13" W., 73.112 feet; Thence N. 3° 18' 58" W., 139.20 feet to the beginning of a curve to the right having a central angle of 2° 18' 00" and a radius of 5679.70 feet; Thence along the said curve 227.98 feet to the end of said curve; Thenee N. l' 00' 58" W., 1983.30 feet to the beginning of a curve to the right having a central angle of 2° 15' 09" and a radius of 5679.70 feet; Thence along said curve 223.29 feet to the end of said curve; Thence N. 880 59' 02" E., 649.74 feet leaving the said east line of Denton Tap Read to the beginning of a curve to the left having a central angle of 30' 20' 13" and a radius of 1050.00 feet; Thence along said curve 555.96 feet to the end of said curve; Thence N. 58° 38' 49" E., 578.14 feet to the beginning of a curve to the right having a central angle of 30° 20' 52" and a radius of 2200.00 feet; Thence along said curve 1165.27 feet to the POINT OF BEGINNING; THENCE NORTH, 523.22 feet to a point for corner; THENCE N. 87° 44' 42" E., 940.20 feet to a point for corner; THENCE SOUTH, 787.26 feet to a point for corner in a curve to the left running in a northwesterly direction and having a central angle of 28° 24' 05" a radius of 1900.00 feet and a tangent bearing of N. 61° 40' 53" W.; THENCE along said curve 941.83 feet to the end of said curve, and to the beginning of another curve to the left having a eentral angle of 0° 55' 21" and a radius of 2200.00 feet; THENCE along said curve 35.42 feet to the Point of Beginning and containing 13.205 acres (575.209 square feet) of land. SECTION 2. That all ordinances of the City in conflict with the provisions of this ordinance be, and the same are hereby, repealed and all other ordinances of the City not in conflict with the provisions of this ordinance shall remain in full force and effect. SECTION 3. That the above described property shall be used only in the manner and for the purposes provided for in the Comprehensive Zoning Ordinanee of the City, as amended herein by the granting of this zoning classification. SECTION 4. That should any paragraph, sentence, subdivision, elause, phrase or section of this ordinance be adjudged or held to be unconstitutional, illegal or invalid, the same shall not affect the validity of this ordinance as a whole or any part or provision thereof other than the part so deeided to be invalid, illegal or unconstitutional and shall not affect the validity of the Comprehensive Zoning Ordinance as a whole. SECTION 5. That any person, firm or corporation violating any of the provisions or terms of this ordinanee shah be subject to the same penalty as provided for in the Comprehensive Zoning Ordinance of the City, as heretofore amended, and upon convietion shall be punished by fine not to exceed the sum of two hundred dollars ($200.00) for each offense, and that each day such violation shall continue to exist shall constitute a separate offense. APPROVED AS TO ~EORM: ~ CITY A~TTi~O,I{N EY CZ12-783 SECTION 6. It is necessary to give the property described herein the above mentioned zoning classification in order to permit its proper development and in order to protect the public interest, comfort and general welfare of the City. Therefore, this ordinance shall take effect immediately from and after its passage and publication of its caption, as the law in such eases provides. DULY PAS~I~D by the City Council of the City of Coppell, Texas, this the /~.~ ~ T¥ SEC_R~ETARY A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COPPELL, TEXAS WHEREAS, Parks of Coppell Joint Venture II, hereinafter called "Owner," is the Owner of certain real property located within the City of Coppell, Texas (hereafter called "City"); and WHEREAS, the City has exercised its option to purchase a Park site of 53.398 acres of land locatea within Owner's property, as more particularly described in the attached Exhibit "A", Dy notice of exercise dated as of March 11, 1986, pursuant to that certain "Option Agreement -- Phase II" dated December 30, 1982, as amended by Amendment to Option Agreement and to Collateral Assignment dated July 31, 1985; and WHEREAS, the option price of $373,800, paid on December 30, 1982, will be applied pursuant to the Contract of Sale to the total purchase price for the Park Site of $388,800; and WHEREAS, that certain appraisal prepared at the request of the City by Bill Dotson & Associates inaicates that the appraised fair market value of the Property as of May 31, 1985 is $2,035,000; and WHEREAS, the City Council has concluded that the Property has been made available to the City by the Owner at an advantageous price which is substantially less than its true fair market value, as indicated by the appraised value thereof when compared to the purchase price; and WHEREAS, the City Council has concluded that the Mayor of the City should be authorized and directed to execute on behalf of the City all contracts, memoranda of contracts, notes, deeds of trust, and all Other instruments necessary to effect such purchase, including any necessary modification to such instruments as first drawn and considered by the City Council. NOW, THEREFORE, B~ IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COPPEbL, TEXAS: SECTION 1. That the actions of Lou Duggan, the person holding the office o~ Mayor of the City of Coppell, Texas, in executing and delivering on behalf of the City the notice of exercise of the aforesa~ option are hereDy ratified, confirmed and approved, and is hereby authorized and ~irected to execute for an~ on oei~alf of the City, without further authorization from the City Council, a Memorandum of Contract of Sale between the City and Owner in form an~ substance satisfactory to said Mayor and legal counsel for the City, to deliver the cash portion of the purchase price for the Park Site ~ursuant to the Contract of Sale, and to execute all other instruments and perform all other acts necessary to effect the orderly purchase of the property descriDea in Exhibit "A" attacl~ed hereto and to perfect the security thereon. SECTION 2. T~is resolution shall take effect immediately from ano after its passage. SULY PASSED, by the City Council of the City of Coppell, Texas, on the llth day of March, 1986. ATTEST: SECRETARY 5880A/ILH -2- I, ~O~U--~f~f~AO& , Cit%' Secretary o~ t~e City of Coppell, Texas, a Municipal Corporation, do hereby certify that a meeting of the City Council of the City of Coppell was held on the llth day of March, 1986, at which a quorum was present, and acting throughout, the foregoing resolution was adopted, the same now is in full force and effect. I do further certify that, as of tnis date, ~-oU ~)il~.(k~ ms the Mayor of the City of Coppell, having been duly elected to such office and now holding the same. IN WITNESS WgEREOF, I have nereunto set my hand as City Secretary of the City of Coppell, Texas, this ~l~day of March, 1986. 5880A/ILH CItY SECR_~ARY -3- PHASE TWO BOUNDARY DESCRIPTION BEING a tract of land situated in the Clarinda Squires Survey, Abstract No IJ27 and the S.A. & M.G.R.R. Survey, Abstract No 1430 in the City of Coppell, Dallas County, Texas and also being part of a tract of land a~ described in deed from Good Financial Corp. to M. Douglas Adkins, Trustee, as recorded in Volume 76188, Page 2355 of the Deed Records of Dallas County, Texas and being more parti- ularly described as follows: BEGINNING at a point of intersection of the east line of Denton Tap Road (a variable width right-of-way) with the centertine of Denton Creek, said point also being the most southerly southwest corner of a tract of land as described by deed to Pure Ice and Cold Storage Co. and recorded in Volume 65694, Page 1496 of the Deed Records of Dallas County, Texas; THENCE along the said centerline of Denton Creek, and the said south line of the Pure Ice and Cold Storage Co. tract the following courses and distances: N.79°OT'25"E., 147.77 feet; Thence N.lS°31'25"E., 171.67 feet; Thence N.48°O7'25"E., 160.00 feet; Thence S.61°52'35"E., 185.00 feet; Thence S.85°52'36"£., 600.00 feet; Thence N.88°O7'25"E., 340.00 feet; Thence N.77°O7'25"E., 300.00 feet; Thence N.27°O7'25"E., 380.00 feet; Thence N.72°OT'25"E., 180.00 feet; Thence S.55°52'35"E., 171.70 feet to a point for corner; THENCE-leaving the said centerline of Denton Creek, and the south line of the Pure Ice and Cold Storage Co. tract, S.0°52'35"E., 1437.15 feet to a point for . corner in a curve running in a southwesterly direction and having a central angle of 13°19'34'' a radius of 2200.00 feet and a tangent bearing of S.75°26'53"W.; THENCE along said curve 511.69 feet to the end of said curve; THENCE N.27°52'41"W., 710.40 feet to a point for corner in a curve running in a southwesterly direction and having a central angle of 7°57'25'' a radius of 3342.11 feet and a tangent bearing of S.73°49'41"W.; THENCE along said curve 464.14 feet to the end of said curve; THENCE S.65°52'16"W., 885.24 feet to the beginning of a curve to the right having a central angle of 18°00'54'' and a radius of 600.00 feet; THENCE along said curve 188.65 feet to the end of said curve, same being on the said east line of Denton Tap Road; THENCE along the said east line of Denton Tap Road the following courses and distances; N.2°OI'O2"E., 388.26 feet to the beginning of a curve to the left having a central angle of 2°53'00'' and a radius of 5789.70 feet; Thence along said curve 291.36 feet to the end of said curve; Thence N.O°51'58"W., 342.88 feet to the Point of ~eginning and containing 53.398 acres of land. EXHIBIT A 12. Consideration and appointment of Council to appoint citizens to serve on the Tree Board. Steve Goram, Director of Information Services, made a presentation to the Council. Councilmember Watson moved to appoint Philip Fisher, Jay Halpin and Linda Pilone to serve on the Tree Board for the City of Coppell. Councilmember Sheehan seconded the motion; the motion carried 7-0 with Mayor Pro Tern Robertson and Councilmembers Alexander, Sturges, Watson, Reitman, Mayo, and Sheehan voting in favor of the motion. 13. Consideration of an Amendment with the Parks of Coppell Trust regarding development of Town Center. City Manager Jim Witt made a presentation to the Council. City Attorney Pete Smith also addressed the issue. Mayor Pro Tern Robertson moved to approve the Second Amendment to the Contract of Sale between the Parks of Coppell Trust and the City of Coppell and authorizing the Mayor to sign the final form of the contract approved by the City Manager and the City Attorney with all exhibits attached. Councilmember Watson seconded the motion; the motion carried 7-0 with Mayor Pro Tern Robertson and Councilmembers Alexander, Sturges, Watson, Reitman, Mayo, and Sheehan voting in favor of the motion. 14. Necessary action resulting from Executive Session. There was no action necessary under this item. 15. City Manager's Report. Ken Griffin, Assistant City Manager/City Engineer reported on the blood drive held on April 8, 1995 and announced that 141 people registered and 119 were actually able to donate blood, and 2 people donated blood on Friday. Thanks were also given to City employees Jeff and Kathy Jones who washed the cars of people who gave blood. 16. A. Mayor's Report. Mayor Morton announced that the early voting would be held in the City Secretary Department of Town Center beginning April 17, 1995 through May 2, 1995 for the Municipal Election which will be held May 6, 1995. The early voting hours are posted on the bulletin board at Town Center. CM041195 26. Consideration and approval of a pro rata agreement between the City of Coppell, Vista Property and CoppeH 200 Joint Venture, and authorizing the Mayor to sign. Ken Griffin, Assistant City Manager/City Engineer, made a presentation to the Council. After lengthy discussion, Mayor Pro Tem Robertson moved to approve a pro rata agreement between the City of CoppeR, Vista Property and Coppell 200 Joint Venture, and authorizing the Mayor to sign. Councilmember Sturges seconded the motion; the motion carried 6-0 with Mayor Pro Tern RobeSon and Councilmembers Alexander, Sturges, Watson, Reitman, and Sheehan voting in favor of the motion. EXECUTIVE SESSION (Closed to the Public) Convene Executive Session A. Section 551.071, Texas Government Code - Consultation with City Attorney. Mayor Morton convened into Executive Session at 8:54 p.m. as allowed under the above-stated article. Mayor Morton adjourned the Executive Session at 8:57 p.m. and opened the Regular Session. 27. Necessary action resulting from Executive Session. Mayor Morton read the following statement: "The City has been presented with a concept plan in connection with the settlement of the threatened litigation by the Parks of Coppell Trust which would limit the number of restaurants with drive-thru window service in the area known as Town Center site. This concept plan would avoid litigation concerning the agreement made in 1982 with the Parks of Coppell Joint Venture H, the predecessor to the Parks of Coppell Trust. As a result, we have asked that the City Manager, in coordination with the City Attorney, negotiate a potential resolution of the matter and this resolution be presented for City Council consideration at the April 11, 1995 meeting." 28. Ao City Manager's Report. A. Request to move City Council/Home Rule Charter Commission Meeting to April 18th. B. Insurance Services Office Key Rate. City Manager Jim Witt suggested that the joint meeting with thc City Council and Home Rule Charter Commission be held at the new library facility due to the number of CMIB2~95 Pa~e 10 or 12 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COPPELL, TEXAS, WITNESSETH: WHEREAS, on December 30, 1982, the Parks of CoppeI1 Joint Venture II ("Venture") sold that certain land described on attached Exhibit A (the "Municipal Center Site") to the City of Coppell, Texas ("City"), for a total purchase price of $361,292.00; and WHEREAS, on December 30, 1982, Venture sold that certain land described in attached Exhibit B ("Phase I of the Park Site") to City for a total purchase price of $233,750.00; and WHEREAS, on March 14, 1986, Venture sold that certain land described in attached Exhibit C ("Phase II of the Park Site") to City for a total purchase price of $388,800.00; and WHEREAS, certain appraisals prepared by Bill Dotson & Associates indicate that the appraised fair market value of: (i) the Municipal Center Site as of August 5, 1983, was $960,000.00; (ii) Phase I of the Park Site as of December 1, 1982, was $743,000.00; and (iii) Phase II of the Park Site as of May 31, 1985, was $2,035,000.00; and WHEREAS, Venture sold the Municipal Center Site, Phase Y of the Park Site and Phase IT of the Park Site to C~ty at a price which was $2,754,158.00 less than such properties' true fair market value as indicated by the aforesaid appraisals; and WHEREAS, Venture has agreed to sell that certain land described in attached Exhibit D ("Phase III of the Park Site") to City for a price substantially less than the true fair market value of Phase III of the Park Site; and WHEREAS, City wishes to acknowledge that the Municipal Center Site, Phase I of the Park Site and Phase II of the Park Site were conveyed to City by Venture and accepted by City in part as good faith charitable donations by Venture to City; and WHEREAS, City further wishes to acknowledge that Phase III of the Park Site when conveyed by Venture to City in part will constitute a further good faith charitable donation by Venture to City; and W~EREAS, Venture has reached an agreement in principle with the City concerning the potential exchange of land for a possible library site for the City; NOW, THEREFORE, BE IT RESOLVED, that City hereby acknowledges with appreciation the existing and prospective charitable donations by venture to city set forth herein; and FURTHER RESOLVED, that City acknowledge that such existing and charitable donations by Venture to City has enhanced the ability of the City of Ceppell to enhance our quality of life through the creation of a comprehensive park system for our citizens. 1987. By: ' C ity'~ouncil -MeSh By: Ci~.ty Council Member ~y: L~i'~y Council Member By: City Couuci~mber By: City Council Member ATTEST: Doroehy Timmo~, Cs Secretary APPROVED AS TO FORM: RESOLUTIONS OF THE CITY COUNCIL OF THE CITY OF COPPELL, TEXAS WHEREAS, The Parks of Coppell Joint Venture II ('Owner") is the owner of certain real property located within the City of Coppell, Texas (the "City"); and WHEREAS, the City has exercised its option to purchase a park site containing approximately 62.312 acres of land from Owner, as more particularly described in Exhibit A attached hereto and incorporated herein by reference for all purposes (the "Park Site"), by letter, dated December 30, 1987, pursuant to that certain instrument captioned Option Agreement - Phase III, dated December 30, 1982, between Owner and the City, as amended by that certain Amendment to Contract of Sale, dated January 27, 19B7, between Owner and the City (the "Option Agreement"); and WHEREAS, the option price of $170,750.00, paid December 30, 1982, was applied pursuant to the Option Agreement to the total purchase price for the Park Site of $185,750.00; and WHEREAS, that certain appraisal, dated January 28, 1987, prepared at the request of the City by Bill C. Dotson Associates indicated that the appraised fair market value of the Park Site as of December 29, 1986, was $1,270,000.00; and WHEREAS, the City Council has concluded that the Park Site was made available to the City by Owner at an advantageous price which was substantially less than its true fair market value, as indicated by the appraised value thereof when compared to the purchase price; and WHEREAS, the City wishes to acknowledge that the Park Site was conveyed to the City by Owner and accepted by the City in part as a good faith charitable donation by Owner to the City~ and WHEREAS, the City Council has concluded that the acts of the Mayor of the City in executing on behalf of the City all contracts, memoranda of contracts, notes, deeds of trust, letter agreements, and all other instruments necessary to effect such purchase, including any necessary modification to such instruments as first drawn and considered by the City Council, should be ratified and affirmed. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COPPELL, TEXAS, THAT: SECTION 1. The City hereby acknowledges with great appreciation the good faith charitable donation by Owner to the City resulting from Owner selling the Park Site to the City at below the appraised value thereof. The City further hereby acknowledges that such good faith charitable donation by Owner to the City will greatly enhance the quality of life within the City. SECTION 2. The actions of Dan Stanton, the person holding the office of Mayor Pro Tem of the City of Coppell, Texas, acting in the absence of Lou Duggan, who holds the office of Mayor of the City of Coppell, Texas, in executing and delivering on behalf of the City the notice of exercise of the option and in executing and delivering all other instruments and performing all other acts necessary to effect the purchase of the Park Site are hereby ratified, confirmed and approved, and further, in that Lou Duggan, as Mayor of the City of Coppell, was heretofore authorized and directed to deliver for and on behalf of the City, without further authorization from the City Council, the cash portion of the purchase price for the Park Site pursuant to the Option Agreement, and to execute all other instruments and perform all other acts necessary to effect the purchase of the Park Site. SECTION 3. These resolutions shall immediately from and after their passage. take effect DULY PASSED, by the ~1 of the City of Coppell, Texas, on the /~--day of~ , 198~ . Mayo r ATTEST: ~i ty/-~c~e t a r Y ..... /z~3~ , City Secretary of the City I, of Coppell, Texas, a municipal corporation, do hereby certify that a meeting of the City Council of the City of Coppell was held on the /W~L~-day of ~./)~. , 19~ , at which a quorum was present, and acting' throughout, 'the foregoing resolutions were adopted, the same now are in full force and effect. I do further certify that, as of this date, Lou Duggan is the Mayor of the City of Coppell, having been duly elected to such office and now holding same. IN WITNESS WHEREOF, I have hereunto set my hand as City Secretary of the City of Coppetl, Texas, this /~-day of ~C,.~~ , 198~_. -- - /ityCF~cre~ary 4430S - 3 - EXHIBIT A BEING a 62.312 acre tract of land situated in the Alfred Logsdon Survey, Abstract No. 783, the Clarinda Squires Survey, Abstract No. 1327, and the Heirs o~ Gilbert C. Woolsey Survey, Abstract No. 1402, in the City of Coppell, Dallas County, Texas, and being more particularly described as follows: BEGINNING at a point oh the North line of Parkway Blvd. (an 88 foot R.O.W.) as recorded in Volume 84Q40, page 3~23 in the Deed Records of Dallas County, Texas, said point being the Southwest corner of Park Meadow Section One, an addition to the City of Coppell, as recorded in Volume 85094, page 4483 in the Deed Records of Dallas County, Texas, said point also being the beginning of a curve to the left having a central angle of 13"17'36", a radius of ~244.00 feet, a tangent length of 261.49 feet and a chord bearing and distance of South 82'22'04' West, 519.47 feet; THENCE Southwesterly along said curve to the left and said North line of Parkway Blvd. for an arc distance of 520.64 feet to a point for corner: THENCE North 00"51'35# West leaving said North R.O.W. line for a distance of 1320.28 feet to a point for corner; THENCE North 85"51'39# East for a distance of ~26.74 feet to a point for corner; THENCE North 74Dl1'59" East for a distance of 175.00 feet to a point for corner; THENCE North 60~13'54" East for a distance of 255,30 feet to a point for corner; THENCE North 67°26'14# East for a distance of 185.00 feet to a point for corner; THENCE South 88"37'46' East for a distance of 75.90 feet to a point for corner; THENCE South 81°49'11' -East for a distance of 195.25 feet to a point for corner; THENCE South 89'55'41# East for a distance of 112.55 feet to a point for corner: THENCE North 7Q"25'54# East for a distance of 75.45 feet to 3 point for corner; THENCE North 56"17'59' East for a distance of 176.70 feet to a point fo~ corner; THENCE North 65°41'19' East for a distance Of 152.20 feet to a point for corner; THENCE North 46°47'18' East for a distance of 121.69 feet to ~ point for corner; THENCE North 20"10'26" East for a distance of 137.04 feet to ~ point for corner; THENCE North 41"44'01" West for a distance of 89.90 feet to a point for corner; THENCE North 20'21'39" East for' a distance of 153.00 feet to a point for corner; THENCE South 69°58'21- East for a distance of 182.00 feet to a point for corner; THENCE North 87"01'39' East for a distance of 131.00 feet to a point for corner; THENCE North 73~01'39' East for a distance of 32.52 feet to a point for corner: THENCE South 16"14'58' East for a distance of 233.68 £eet to a point for corner; THENCE South 15"09'53" East for a distance of 1008.05 feet to a point for corner; THENCE South 18"22'14' East for a distancm of 29.92 feet to the Northwest corner of Park Meadow Section Two, addition to the City of Co~ell, as recordmd in Volume 86108, page 6975 in the Deed Records of Dallas County, Texas; THENCE South 38"51'04" West along the North line of said Park Meadow Section Two for a distance of 173.~2 feet to the beginning of a curve to the right having a central angle of 41"31'21", a radius of 30~.00 feet and a tangent length of 113.73 feet; THENCE Southwesterly along said curve and along ~aid North line of said Park Meadow Section Two for an arc distance of 217.~1 feet; THENCE South 80"22'25" West continuing along said North line for a distance of 331.7~ feet to a point for corner; THENCE South 87"44'42' West continuing along said North line of Park Meadow Sectio~ Two and along the North line of said Park Meadow Section One for a distance of 1272.85 feet to the Northwest corner of said Park Meadow Section One; THENCE South along the West line of said Park Meadow Section One for a distance of 479.21 feet to the POINT OF BEGINNING and containing ~,714,311 square feet or 62.312 acres of land. 4432S