City of Coppell, Texas - File #: 2013-0956

• File #: 2013-0956
• Version: 1
• Name: CSE Letter of Intent
• Type: Agenda Item
• Status: Passed
• File created: 3/18/2013
• In control: Administration
• On agenda: 3/26/2013
• Final action: 3/26/2013
• Title: Consider approval of a Letter of Intent by and between the City of Coppell and CSE Commercial Real Estate, LP, to develop and acquire 7.837 acres ± of land located along the east side of South Coppell Road south of Bethel Road; and, to authorizing the City Manager to negotiate and execute the appropriate agreements with CSE Commercial Real Estate, LP, and/or Coppell Economic Development Foundation consistent therewith and authorize the Mayor and City Manager to execute appropriate closing documents necessary to convey such property.

Date	Ver.	Action By	Action	Result
3/26/2013	1	City Council	Approved	Pass

Title

Consider approval of a Letter of Intent by and between the City of Coppell and CSE Commercial Real Estate, LP, to develop and acquire 7.837 acres ± of land located along the east side of South Coppell Road south of Bethel Road; and, to authorizing the City Manager to negotiate and execute the appropriate agreements with CSE Commercial Real Estate, LP, and/or Coppell Economic Development Foundation consistent therewith and authorize the Mayor and City Manager to execute appropriate closing documents necessary to convey such property.

Summary

Fiscal Impact:

Staff Recommendation:

Economic Development recommends approval.

Goal Icon:

Business Prosperity

Special Place To Live