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HomeMy WebLinkAboutCorrespondence C/CITY OF COLLEGE STATION LEGAL DEPARTMENT POST OFFICE BOX 9960 1101 TEXAS AVENUE COLLEGE STATION,TEXAS 77842-9960 (409)764-3507 • MEMORANDUM TO: Jane Kee, City Planner FROM: Pete Shively, Assistant City Attorney RE: LaCour- re-re-re-re-re-re-re-revised Development Agreement DATE: February 1, 1996 Pursuant to our telephone conference call yesterday with Mr. Fred J. Heyne III and his attorney, Mr. Charles ("Jerry") Wolfe, I have made a number of revisions to the proposed Development Agreement among LaCour, SCC, and the City. A copy of the contract is attached hereto. A number of these revisions reflect the substantive changes requested by --� Mr. Heyne and Mr. Wolfe. Other changes are primarily stylistic. All of these changes are summarized below, seriatim. Substantive Changes 1. Because of the road alignment being moved to the west (from the original preliminary plat) so that it now is directly adjacent to the western property line of lot 1, I have removed all references to a 30 foot wide private access easement from Austaco to the City's 30 foot wide private access easement. Among other things, this change eliminated old paragraph number 3, at the top of old page 2. 2. Also due to the revised road alignment depicted in the proposed plat provided to us yesterday, I have revised the "Kyle Street South Dedication" property to only include a 35 foot right of way south of the Wolf Pen Creek Dedication and • through the Reserve Tract. Concomitantly, I have revised the acreage amounts for the Wolf Pen Creek Dedication upward from 4.734 to 5.100. In other words, the old "Kyle Street South Dedication" ran from south of Lot One all the way to the southern edge of the Reserve Tract and was 70 feet in width. Now, the portion of the roadway (whatever its final configuration) that will run through the Wolf Pen Creek Dedication area is omitted from the Kyle Street South Dedication and the remaining portion (out of the Reserve Tract) is reduced from 70 feet to 35 feet. 02/01/96 ps/c/jan96/lacour2.doc Memo to Jane Kee February 1, 1996 Page 2 3. At the request of the Mr. Heyne, I have added a sentence to new paragraph 3, which grants the City the 20 foot wide strip out of Lot 1 in accordance with the Wolf Pen Creek Zoning Ordinance. The additional sentence simply makes clear that the 20 foot strip is being dedicated in fulfillment of the Wolf Pen Creek dedication requirements. Mr. Heyne, or his attorney, requested this revision in order to foreclose any possible interpretation of the ordinance that would require them to dedicate an additional 20 feet, above and beyond the 20 feet required by the Development Agreement. 4. In new paragraph 4 (old paragraph 2), I have included a statement that the 30 private access easement being granted by SCC through Lot 1 to the City and LaCour is for "maintenance and engineering purposes". This revision, again, was requested by SCC so as to preclude any interpretation that simply because the City owned the easement that the general public could use it. 5. Also in new paragraph 4 and as suggested by SCC, I have made SCC's grant to Austaco of a right to traverse across a portion of the City & LaCour's easement conditional upon Austaco agreeing in writing to close its most easterly curb cut on Harvey Road. 6. I have placed into a new, separate paragraph (number 6) the requirement that LaCour provide the City with a bankruptcy plan of reorganization, and I have added that LaCour may, alternatively, provide a bankruptcy court order authorizing the sale of this property. 7. In paragraph 9, I have at SCC's request re-divided the contribution for the costs of the engineering study for the grades to accommodate the bridge: 50% City, 25% LaCour and 25% SCC. 8. I have added a new sentence to paragraph 13 to specify that the form of the guarantee for the costs of design and construction for the waterline shall be a bond from SCC and cash (out of the closing proceeds) from LaCour. 9. As discussed, in paragraph 17 I have changed the number of days required for closing the sale from 90 to 150. 10. Also as requested by SCC, I have removed the first sentence of paragraph 18 and I have divided the release into two: a release for LaCour and a separate release for SCC. 02/01/96 ps/c/jan96/lacour2.doc J Memo to Jane Kee February 1, 1996 Page 3 Stylistic Changes: 1. I have revised the names of the parties in the opening paragraph and the internal references to them throughout: from "BUYER, DEVELOPER, and CITY" to "SCC, LaCour, and the City". I did this just for the sake of clarity and readability. 2. I have also removed the numerous redundant references to the revised, preliminary plat for LaCour Subdivision Phase One, and, after an initial reference, referred thereafter to this document simply as the "Preliminary Plat." 3. I have changed the order of some of the initial numbered paragraphs in order to put the primary dedications by LaCour up front and generally place the various obligations in a rough rank and party order. 4. I have corrected, I hope, the street name references in paragraphs 7 and 8. 5. I have removed the first sentence of paragraph 15 because it was unnecessarily confusing and revised somewhat the remaining sentences; leaving blanks for the current dollar amounts that LaCour must pay for the preparation of this development agreement (those numbers escalated again, considerably I would think, in the last 24 hours). 6. Lastly, I have revised the signature block and the acknowledgment forms slightly to show the correct party names, their relationships, and to shorten the form simply in order to fit it on the page. Please review these changes and let me know if you think that any additional revisions are necessary. Otherwise, you may forward a copy of the attached draft to SCC. (I would advise copying one of the LaCours on all correspondence at this point) 02/01/96 ps/c/jan96/lacour2.doc