HomeMy WebLinkAboutCorrespondenceJuly 19, 2007
Bill Mather
Grid Project 100, Ltd.
13127 Kimberley Lane
Houston, TX 77079-6128
a
planning Solutions
RE: The Lofts, Wolf Pen Creek development in College Station, Texas
Hey Bill,
I'm representing Asset Plus, who is developing a new multi -family and retail development at the
corner of Dartmouth and Holleman — sound familiar? Anyway, as part of the development, we
need to abandon two sections of undeveloped right-of-way for Richards and Sterling Streets.
We've prepared the necessary paperwork through the City of College Station and worked with
local utility companies to ensure that abandoning the rights-of-way will not impact adjacent
property owners. The rights-of-way are wholly contained within Asset Plus's property. As part
of the abandonment process to release the right-of-way, the City of College Station requests that
we contact abutting property owners to make them aware of our proposal and ask you to sign the
abandonment application. Attached is a copy of an "Abandonment of Easement/Right-of-Way"
application from the City of College Station that we would like for you to sign agreeing to
release the rights -of wa-Y
If you agree, please sign the application and send the original to me at the address on the
letterhead. You should also receive a notice from the City of College Station soon inviting you
to a public hearing on this issue. Please let me know if you have any questions or need
additional information. Thank you for your help!
Natae Thomas Ruiz, AICP
Principal
Attachments: Abandonment of Easement/ROW Application
511 University Drive East, Suite 211 College Station, TX 77840 979-846-9259 www.IPSGroup.u;
UNANIMOUS WRITTEi CONSENT BY ALL OF THE DIRECT cS OF ASSET PLUS
REALTY CORPORATION
The undersigned, being all the directors of Asset Plus Realty Corporation a Texas
corporation (the "Corporation'), by written action effective July 6, 2007, do hereby adopt the
following:
WHEREAS, the Corporation, as purchaser, and Grid Project 105, Ltd., a Texas limited
partnership, as seller, have entered into that certain Contract of Sale of Unimproved Property
dated as of October 18, 2006 (as amended, the "Purchase Agreement") covering 8.684 acres of
real property located in Brazos County, Texas (the "Property").
WHEREAS, the undersigned directors of the Corporation wish to authorize the
Corporation to take all actions necessary or appropriate to cause the Corporation to acquire the
Property,
WHEREAS, the undersigned directors of the Corporation wish to ratify the acts of the
Corporation and its officers in connection with the execution and delivery of the Purchase
Agreement by the Corporation.
NOW, THEREFORE, IT IS HEREBY:
RESOLVED, that the Corporation's acquisition of the Property pursuant to the Purchase
Agreement is hereby authorized and approved;
RESOLVED, that the President or any Vice President of the Corporation is hereby
authorized, on behalf of the Corporation and without joinder of any other person or entity, to
execute such instruments and documents (e.g., deed, title company affidavits) and to take such
other actions as the officer so aging deems necessary or desirable and in the best interest of the
Corporation to effectuate the transactions contemplated by these resolutions; and further
RESOLVED, that the signature of the President or any Vice President of the Corporation
constitutes conclusive evidence of the Partnership's approval of the documents signed and of the
binding effect of such documents and instruments on the Corporation; and further
RESOLVED, that any and all actions taken by any of the officers or representatives of
the Corporation, for and on behalf and in the name of the Corporation, in connection with the
transactions contemplated herein prior to the adoption of these resolutions, including, but not
limited to, the negotiation and execution of the Purchase Agreement, are hereby ratified,
confirmed, and approved in all respects for all purposes.
July 19, 2007
Bill Mather
Grid Project 100, Ltd.
13127 Kimberley Lane
Houston, TX 77079-6128
RE: The Lofts, Wolf Pen Creek development in College Station, Texas
Hey Bill,
I'm representing Asset Plus, who is developing a new multi -family and retail development at the
corner of Dartmouth and Holleman — sound familiar? Anyway, as part of the development, we
need to abandon two sections of undeveloped right-of-way for Richards and Sterling Streets.
We've prepared the necessary paperwork through the City of College Station and worked with
local utility companies to ensure that abandoning the rights-of-way will not impact adjacent
property owners. The rights-of-way are wholly contained within Asset Plus's property. As part
of the abandonment process to release the right-of-way, the City of College Station requests that
we contact abutting property owners to make them aware of our proposal and ask you to sign the
abandonment application. Attached is a copy of an "Abandonment of Easement/Right-of-Way"
application from the City of College Station that we would like for you to sign agreeing to
release the rights-of-way.
If you agree, please sign the application and send the original to me at the address on the
letterhead. You should also receive a notice from the City of College Station soon inviting you
to a public hearing on this issue. Please let me know if you have any questions or need
additional information. Thank you for your help!
Natalie Thomas Ruiz, AICP
Principal
Attachments: Abandonment of Easement/ROW Appl ication
511 University Drive East, Suite 211 College Station, TX 77840 979-846-9259 www.IPSGroup.u;
July 19, 2007
Doug Pederson
Fifty -Three Properties, Ltd.
1507 South College Avenue
Bryan, TX 77801-1214
RE: The Lofts,
Hey Doug,
Wolf Pen Creek development in College Station, Texas
Principal
Attachments
Abandonment of Easertmenxl - Gl17Appl.cota.or