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LAW" OFFICES OF CHALON JONES
TEXAS 707 - 5 U ITE 121B
P. o. DRAWER CR
COLLEGE STATION, TEXAS 77840
713,846~7751
August 10, 1976
CERTIFIED MAIL
Mr. Al Mayo, Jr.
City Planne r
City of College Station
P. o. J30x 9960
College Station, Texas 77840
Re: Al Holik and Gladys Divis
Dear AI:
This letter is to confirm the conversation that I had with Chris Longley
on Monday, August 9.
I called to inquire as to whether or not the property owned by Al Holik
and Gladys Divinthat is located on Welch Street and backs up to McCulloch
Subdivision was to be involved in the proposed rezoning from R3 to R1
that is going to be the subject of a hearing before the Planning and
Zoning Commission on August 19.
Chris informed me that the Holik and Divin property was not involved
inasmuch as it is not in any of the subdivision mentioned and they were
merely notified by virtue of the fact that their property was within 200
feet of the proposed change.
Accordingly, we will not be making an appearance at the meeting since
our property apparently is not involved. I would appreciate an immediate
response if the situation is other than is stated in this letter.
Yours ve ry .truly,
) ~~~
Chalon J one s
CJ:sj
cc: Al Holik
PURPOSE OF.THE APPRAISER
The purpose of this analysis is to determdn the highest and best
use of the subject property. Highest and best use is defined by "the
most probable use to which the property can be put, or that use which
will yield the highest return on the investment."
This analysis is made with the understanding that the present owner-
ship of the subject property includes all rights that may be lawfully
owned and therefore a fee simple title subject to easements of record
if any. The legal description furnished me was assumed to be correct.
I take no responsibility for matters legal in character nor do I render
an opinion as to title which is assumed to be good.
ZONING AND DEED RESTRICTION---DATA
. ~
There are no deed restrictions limiting the use of this property.
The City of Coll,ege Station has a zoning ordinance which designates
permitted uses of a~l tracts of land within the city limits. The subject
land is currently ~oned Apartment Building District R-3. Under this
zoning designation the land may be developed with APartment Buildings.
,
q
HIGHEST AND BEST USE
,The subject property is a corner tract consisting of 9.136 acres
located within .5 miles from Texas A&M University Campus. This area
is zoned for single family residential, apartment building district,
and commercial uses. The subject tract is presently zoned for Apartment
Building District and this is obviously the highest and best use of this
tract. It is located on the north side of Lincoln Drive between Nimtz
and Pasler streets. Development in the immediate area of the subject
includes single family residential to'~e north, east, south, and both
dential and commercial to the west. Commercial offices and shops in the
area include mobile home sales outlet, real estate office, pharmacy, and
service station. The subject has frontages comprising 619 feet along
Lincoln, a major traffic artery in the city of College Station, Nimitz
642 feet, and Pasler 642 feet, both residential streets. Lincoln is an
important traffic artery in the city of College Station because it links
Texas .Ave. to the west of Tarrow to the east. Both a.re major traffic
generators in the cities of both Bryan and ~ollege Station. This
tract is one of the few large acreage tracts within a ~ mile radius
of the University Campus affording exceptable size and location for
apartment development. Because of its topography, location, size; and
~
If(
the availability of city services to the site. It is the opinion
of this appraiser that the Highest and Best Use of the subject 9.136
acre tract i~.';,Apartment Building Disvrict R-3.
APPRAISAL QUALIFICATIONS AND EXPERIENCES
OF MICHAEL M. BEAL
Actively engaged in the real estate business in Bryan and sur-
rounding counties the past three years. Associate member of the
Bryan-College Station Board of Realtors and associate member of the
American Society of Real Estate Appraisers. Actively engaged in
the appraisal business for the past three years.
Education: Bachelor of BusinessAdministration, Texas A&M
University. Completed Report Writing Seminar,
Course lOl Introduction to Appraising Real Property,
Course 201 Principles of Income Property Appraising,
American Society of Real Estate Appraisers.
Completed assignments for the following clients:
City of Bryan
First National Bank
State of Texas (TAMU)
Brazos Valley Mental Heal:th Center
D. A. McCrary (Robertson, Milam Counties, Texas)
John R. Ruffino Estate
Channel view State Bank
Joe Reistino Estate (Robertson, Waco Counties, Texas)
First Bank and Trust
Area Progress Corp.
Durst Wood .& Ingram CPA
~
'j~
M.C "PlE LISTING srlMCf
f~EAL TOR~
19 August 1976
Mr. Ear 1 Bracken, Jr., Trustee
5000 Ridgeview Drive
Waco, Texas 76710
Dear Mr. Bracken,
In accordance with your request I have inspected the property legally
described as Lots 7, 8; 9, and part of 10, Block 7, D. A. Smith Addition,
City of College Station, Brazos County, Texas, ror the purpose or
determining its Highest and Best Use. In the course of preparing thi's
report, a personal detailed inspection of the subject property and
analysis of the factors affecting its highest and best use was
completed.
I have no interest, present or contemplated in this property. Neither
the employment to make this analysis ,or the compensation is contingent
upon the determination of its highest and best use and to the best of my
knowledge and b~lief, all statements and information in this report are
true and correct. I further certify that this analysis was made in
accordance with the code of ethics of the Society of Real Estate Appraisers.
In my opinion, the highest and best use of the subject tract,. as of
i<
August 19, ~976 is . i
APARTMENT BUILDING DISTRICT
Respectfully submi'tted,
~~
I TEXAS AVE.
DRAWER 0
TEXAS 77801
'13/823 -5469
Michael M. Beal
Appraiser
jacob beal real estate, inc.
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August 21, 1976
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The citizens on Walton and adjoining streets respectfully
request .the council to rezone the Pasler and Smith property
on Lincoln from R3to Rl.
Texas
August 26, 1976
':J-<' ~.
August 21, 1976
City Secretary
C~ty of College Station
City Hall
College Station, Texas 77840
PETI'rIOI~
TO WHOM IT ~~y CONCEm~:
The undersigned hereby files their written protest
against a proposed change of 9 acres, more or less, bounded by
Lincoln, Pasler and Nimitz, and further described in Volume 273,
Page 828, Deed Records of Brazos County, Texas, located in
College Station, Brazos County, Texas.
We, the undersigned, object to the property being re-
zoned from R-3 to R-l for the reason that such change is not
fair and reasonable under the circumstances and, in fact, under
the facts and circumstances would be unfair, oppressive, arbitrary,
unreasonable and constituting the taking of our property and con-
fiscating it without just compensation, violating due process
and rights to contract. A rezoning toR-l would have the effect
of substantially reducing the value of the property to a value
less than what was paid for it in October, 1968, with an R-3
designation.
The undersigned files this their written protest in
accordance with the laws and statutes of the State of Texas and
ordinances of the City of College Station, College Station, Texas.
Respectfully submitted,
./1 r\
k-.:'" . ~. ,~ J . <.-..-- ."......"
L~ a~/"-1~/A:-UA-~
Ea~1- Bra~9k~n, J~., Trustee
:::, f..,tO (j 1'2, cj </e v ,Ii C t.V . ; ,,/..,.;\ tr; <.;.. ';-)1"., (:. -l",.__
,
w. EARL BRACKEN. JR.
ATTORNEY-AT-LAW
PHONE 817 772-4506
RECEIYED
5000 RIDGEVIEW DRIVE
WACO. TEXAS 76710
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June 12, 1976
CIlY OF COlL'EGE -STAtIO-l\t
BY .. ..11.
==
Mr. North Bardell
City Man,ager
P. O.Box 9960
College Station, Texas 77840
Dear Mr. Bardell:
I am writing you with ~egards to a tract of land I own in my name as trustee
in the City of College Station, a little over 9 acres bounded by Lincoln,
Pasler and Nimitz as further described in Volume 273, P,age 828, Deed Records
of Brazos County, Texas.
I have discussed my ownership of this tract with Mr. Lewis in the light of
the concern based on some information that the above described tract was
being considered for rezoning to a residential classification.
The purpose of this letter is to advise that the undersigned as trustee
objects and protests to such a consideration if such is being contemplated
for the reason that we purchased this property on the basis of its highest
and best use to which it was zoned at the time of the purchase and know of
no facts or circumstances that have changed or altered the highest and best
use of this property which is multi-family apartment units.
It is respectfully requested that in the event any action is contemplated or
set for decision by the City Council that the undersigned be advised immediately
by collect call and by use of the self-addressed, stamped envelope enclosed.
We are at the present time negotiating with purchasers as to this property
and would appreciate you advising the undersigned that no such action as to
the above described property is contemplated as we would not want to be placed
in the position of making any type of misrepresentation to a purchaser.
Respectfully,
nc
cc: Mr. Neeley C. Lewis
P. O. Drawer 313
Bryan, Texas 77801
w. EARL BRACKEN. JR.
ATTORNEY-AT-LAW
PHONE 817 772-4506
5000 RIDGEVIEW DRIVE
WACO. TEXAS 76710
July 23, 1976
Mr. Al Mayo
City Planner
P.O. Box 9960
College Station, Tx. 77840
Dear Mr. Mayo:
With reference to the City's correspondence of
June 29th, it is our understanding that a public hearing
has been set during the ~nth of August for rezoning ot
property on Lincoln.
Since my family and I are leaving on vacation with
another family and I also have other matters already set
for the remainder of August which necessitate ~ being
in waco, I respectfully request that said public hearing
be reset during September, on a date acceptable to you.
I will appreciate your help in getting this public
hearing reset for September and will'make plans to be
available upon notification from you of the new date.
Sincerely yours,
~ ~J2-.~
Earl Bracken, Jr.~
Trustee
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