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HomeMy WebLinkAboutMiscellaneous_ . _ . _ _... _ _ .~~ ....: ~ ~~. ~ .~._,w ~,~ ~. _ _ _ _ _ ... q ~i ~ ~- PEBBLE CREEK February 20, 1996 Veronica Morgan .Assistant City Engineer City of College Station P.O. Box 9960 College Station, Tx. 77842-9960 Dear Ms. Me~rgan, This letter is to serve as an agreement between Pebble Creek. Development Company and the City of College Station regarding Pebble Creek Phase SD. The City of College Station agrees to proceed with the filing process of Pebble Creek Phase SD and in turn Pebble Creek Development agrees not to sell Lots 19 & 20; Block.25; Phase SD until the transaction involving Lots 19 & 20 and the City of College Station Business Park is complete. Thank you for your attention in this matter. Sincerely, PEBBLE CREEK DEVELOPMENT COMPANY G~~ ~~~ Davis M. Young Vice President _~• -° JCL & Associates, Pnc. 4®96936996 P. D1 -~~ SAX COVE~t SHEET Please deli`er the following pages to: ,.\~ Nom: .> .-; ~ ~~ ° ' DATE: ,~ ! (~- COMPANY:_~,)'`: y r:~G ~rY'~:~.%'~~ ~'~.lti~~ FAX .~. ADDRESS: `~`~'i ~~~ ,' ~.~.. ~ ~}~ TBL N0: ~ ~ ~ ~ =~~ ?~ ; ,~ FROM l~.`~ Total Program Management, Inc. ^ Grapevine Office fax (S 17) 488-9108 .i College Station Office fax (404) 693-6996 SITB7ECT: ~`~ r ~.,~ (~ ~.• '#'y ,~ ,. ;~. _.!' r.,i.,•~3C. -:'~:.,r ,.: ~ ,k~ ~". w ~ ' ~ { i~~ ~~. 3., ~ .~ } .;; ,l ,~ . ~, .K; . ,~~ . ~~ ~; N~ER OF PAGES:.-~,_ (including cover sheet) I~ YOU DO NUT RECEIVE ALL PAGES, PLEASE CALL US AS SDON AS POSSIBLE. ~ C. .. ~< ~7, ... f . \\~t.`.1. '~Iti. I .:1 i(' ~ S. x.(•:11:. •~ ~iem;vmc. ..c:f+ fi< •tii2ta>+f. TIX;: _.S u1 ~. ;o• _ • Ill' J~\.'.x.. ,1 ~1'~ ~f~~ _ .... Ill l'\.:'L<a :)1'. K_,~_ . i. ~~1.:. .\... _ '< ~~11 _. _- ®~® JCL & Associates, Inc. 4096936996 P.02 current condition and the improvements to the Property required of Seller bElow. Seller has, before the execution hereof and at its. expense, furnished to the School District a current survey of the Property prepared by a surveyor of Seller's selection. Current taxes shall be prorated through the date of closing. If ad valorem taxes for the year in which the sale is closed are not available on the date of closing, proration of taxes shall be mad f taxes assessed in the previous year,. DEVE ENT P SIGNS As additional incentive for the School District to purchase the. Property, Seller agrees to make the foilowinq improvements to the Property: 1. C struct'on of S eat. an dewal Seller shall, at Seller's sole expense, construct a currently unnamed street and a adjacent sidewalk north of the Property, as drawn by seller and the School District on the survey attached hereto as Exhibit "B". Seller agrees to construct the street and sidewalk in a timely manner so as not to delay access by the School District to the .Property or delay the construction by the School district on the Property of a school facility, which facility must be :completed by July 1, 1995. In all events, Seller shall fully complete the street and sidewalk no later than July 1, 1995. 2. Access to All Utility gervices_ Seller shall, at Seller's sole expense, take all steps necessary to provide for access to all utility 6ervices at the Property, including but not limited to, access to electricity, water, gas, telephone, and television cable. Seller shall bring such utilities to the street curb and then under the sidewalk onto the Property to roughly the point set out by Seller and the School District on the. survey attached hereto as ~,hi~ bit "B"• Sellez agrees to provide access to the utility services. on the Property in a timely manner, so ae not to delay the School District's construction of a school facility on the Property, which facility must be completed no latex than July