The City of Coppell
File #: 2017-3287    Version: 1 Name: Belt Line/635 ROW
Type: Agenda Item Status: Passed
File created: 3/21/2017 In control: Engineering
On agenda: 3/28/2017 Final action: 3/28/2017
Title: Consider approval of a Developers Agreement with Frisco 5 Ventures, L.P. and the City of Coppell for the purchase of right of way along S. Belt Line Road; in a total amount of $405,580.00; and authorizing the City Manager to sign any necessary documents.
Attachments: 1. Belt Line Road ROW Memo.pdf, 2. S. Belt Line Exihbit.pdf, 3. Replat Lot 1 Block C Duke Lesley Addn.pdf, 4. Belt Line Rd ROW Development Agreement.pdf

Title

Consider approval of a Developers Agreement with Frisco 5 Ventures, L.P. and the City of Coppell for the purchase of right of way along S. Belt Line Road; in a total amount of $405,580.00; and authorizing the City Manager to sign any necessary documents.

 

Summary

 

Fiscal Impact:

Funds are budgeted in the Roadway Impact Escrow Fund for this purchase.

 

Staff Recommendation:

The Engineering Department recommends approval.

 

Goal Icon:

Sustainable City Government