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CM-2019-0280 - 9/13/2019Sheets & sfield. P.L.L.C. ATTORNEYS AT LAW 309 East Main Street . Round Rock, TX 78664-5246 Phone 512-255-8877 . Fax 512-255-8986 July 12, 2019 Jacob Stevens 21 Evergreen Drive Round Rock, Texas 78661 Re: City of Round Rock Oak Bluff Drainage Project Drainage Easement Dear Mr. Stevens: Please allow this letter to set out my understanding regarding our agreement for the purchase of a drainage easement interest in and across a portion of your property located at 21 Evergreen Drive (Lot I 1 of Greenfields Subdivision) as part of the City of Round Rock's (the "City") proposed Oak Bluff and Greenfield Drainage Improvements Project. In return for granting a drainage easement across an approximately 0.026 acre tract, the City will pay you the sum of Four Thousand Three IIundred Fifty and No/100 Dollars ($4,350.00). The form of the drainage easement granted to the City will be as shown in Exhibit "A" attached hereto. If requested by the City, the Closing and completion of this transaction shall take place at the Georgetown office of independence Title (the "Title Company") within thirty (30) days after full execution of this agreement, or at other date and time agreed to between the parties. The City shall be responsible for all fees and costs associated with closing, except that each party shall be responsible for any attorney's fees they incur. You shall assist the City and the Title Company with any curative measures or mortgage lien subordination required as a condition of the CIosing. If this meets with your understanding, please execute this letter where indicated, along with the aforementioned drainage casement (the easement is transmitted separately with this letter) and return both executed documents to me. Upon receipt of both executed documents, I will submit both the letter agreement and the drainage easement to the City for consideration and approval. if approved by the City, the City will process this for payment as quickly as possible. 00427710/ss2 Please feel free to contact me at any time if you have any questions or concerns about these issues. Very truly yours, AGREED: Stephanie L. Sandre Sheets & Crossfield, P.L.L.C. Date: 1'f CITY OF ROUND ROCK, TEXAS Ai— By:- p - Af ._ Printed Name: Its;-�"c� Date: - T 2 City of Round Rock ' ROUND ROCK Agenda Item Summary Agenda Number: Title: Consider executing a Letter Agreement with Jacob Stevens regarding a 0.026 -acre drainage easement out of the Robert McNutt Survey, Abstract No. 422 for the Oak Bluff and Greenfield Drainage Improvements project. Type: City Manager Item Governing Body: City Manager Approval Agenda Date: 9/13/2019 Dept Director: Michael Thane, Utilities and Environmental Services Director Cost: $4,350.00 Indexes: 2014 Drainage Revenue Bonds Attachments: LAF.pdf, AGMT.pdf Department: Utilities and Environmental Services Text of Legislative File CM -2019-0280 A 0.026 -acre permanent easement and accompanying 0.036 -acre and 0.040 -acre temporary easements are being dedicated across a portion of the lot owned by Jacob Stevens at 21 Evergreen Drive. These permanent and temporary easements are required for construction of the Oak Bluff and Greenfield Drainage Improvements project that is planned to reduce the frequency of stormwater flooding within the Oak Bluff Estates and Greenfields residential subdivisions, if the current identified funding is sufficient to complete the project. This Letter Agreement establishes that the City will compensate Mr. Stevens $4,350 for these easements. The City and County have previously executed an Interlocal Agreement regarding this improvements project. Staff recommends approval of the Letter Agreement. Cost. $4,350 Source of Funds: 2014 Drainage Revenue Bonds City of Round Rock Page 1 Printed on 9/12/2019