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Res 031-2000 3/7/2000RESOLUTION NO. RESOLUTION APPROVING LETTER OF AGREEMENT WITH STONE LAKE L.L.C. DEALING WITH THE CONSTRUCTION OF BARTLEY DRIVE; FINDING AND DETERMINING THAT THE MEETING AT WHICH THIS RESOLUTION WAS PASSED WAS OPEN TO THE PUBLIC AS REQUIRED BY LAW. WHEREAS, the City of Wichita Falls desires to assist the Stone Lake L.L.C. for the improvement of Bartley Drive and, WHEREAS, the Stone Lake L.L.C. has agreed to pave Bartley Drive from the end of the current pavement to Rathgeber Road. WHEREAS, by this agreement the City will agree to improve Bartley Drive from Southwest Parkway to the end of the existing street by widening to 48 feet to match the Thoroughfare Plan requirements. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: SECTION 1. The City Manager is authorized to sign the attached Letter of Agreement which provides for the City to improve the existing Bartley Drive to 48 feet in width within two years of completion a similar improvement by the Stone Lake L.L.C. of the 200 feet unpaved section of Bartley Drive and the remaining section of Bartley Drive to Rathgeber Road. SECTION 2. It is hereby officially found and determined that the meeting at which this resolution was passed was open to the public as required by law. PASSED AND APPROVED this the 7th day of March 2000. ATTEST: City Clerk February 24, 2000 Mr. Bill McGregor, President Stone Lake L.L.C. 4245 Kemp Blvd., Suite 201 Wichita Falls, TX 76308 RE: Letter of Agreement Dear Mr. McGregor: The purpose of this letter is to document an agreement between the Stone Lake L.L.C. and the City of Wichita Falls pertaining to Bartley Drive. Specifically, the Stone Lake L.L.C. agrees to construct Bartley Drive from the south end of the existing roadway to Rathgeber Road. This cross section is to be a collector street cross section 48 feet in width, meeting the City of Wichita Falls Thoroughfare Plan inclusive of sidewalks. Additionally, the Stone Lake L.L.C. agrees to obtain a dedication instrument from the YMCA, changing the 20 -foot utility easement on the west side of Bartley, to a municipal right -of- way /and utility easement. Within two years of completion of the above noted dedication and construction, the City of Wichita Falls agrees to widen Bartley Drive from Southwest Parkway, southerly to the end of the existing street surface, to match the Stone Lake L.L.C. construction. The City will widen the street to 48 feet to match the collector cross section inclusive of sidewalks. Executed this the day of March 2000. Bill McGregor, President Stone Lake L.L.C. James Berzina, City Manager City of Wichita Falls