Witt ltr.-RubyRd & Land ExchngAugust 13, 2002
Mr. Jeffrey D. Turner
Senior Vice President
Duke Realty Corporation
5495 Belt Line Road, Suite 360
Dallas, Texas 75240
RE: Ruby Road and Land Exchange
Dear Jeff:
This will confirm a recent conversation that the City of Coppell will enter into an agreement to sell and
transfer the property adjacent to West Ruby Road to Duke Realty in order to complete the realignment of
Ruby Road, and to assist in the development of your project on the northeast portion of the property. This
land transfer will consist of the existing right-of-way, plus the fee simple land presently owned by the City.
We anticipate this sale and transfer will be made sometime in the next 60 to 90 days for approximately
$253,000.
The City would then begin to develop and realign Ruby Road to the north of your subdivision. We gratefully
acknowledge the contribution that Duke Realty will make to this project in order to ensure adequate access to
Wagon Wheel Park as well as to the Duke property holdings located south of Ruby Road.
We will be forwarding to you legal documents related to these transactions, and hope that we can bring them
to a successful conclusion in the near furore. If you have any questions or comments, please do not hesitate
tO contact me.
Respectfully,
Jim Witt
City Manager
JW:kb
cc: Clay Phillips
Jennifer Armstrong
Ken Griffin