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HomeMy WebLinkAboutContract 43536 (2)g'ECREF AM-littiAta Ria Vll JONES LANG LASALLE, Mr. Ted Gorski Office of the City Attorney City of Fort Worth 1000 Throckmorton Street Fort Worth, TX 76102 Dear Ted: Jones Lang LaSalle Americas, Inc. 4300 Amon Carter Blvd., Suite 100 Fort Worth, Texas 76155 tel +1 817-230-2600, fax +1 817 306-8265 August 2, 2012 817-230-2622 RE: Proposed settlement of value of BNSF property to be used for the Alliance Main Line relocation project Per your letter addressed to Mr. Jeff Estes and myself dated May 22, 2012, the City of Fort Worth has proposed a value of $4,025,872 for the payment from the City to BNSF for the BNSF property that will be used for the new main line right of way as part of the Alliance Mainline Relocation project. Per Section 8.a.1 and 9.a. of the Relocation Agreement dated May 17, 2010 and by the signatures below, both parties hereby agree to the $4,025,872 value for the BNSF property to be used for the relocated Main Line that will be paid by City as compensation for BNSF's real property interest at the Second Closing. Please have 2 copies of this letter signed by the City. This agreement is not a binding agreement and shall become binding only when, and if, it is executed by the City and fully approved and executed by the BNSF Railway Company. Upon signature by both parties, one frilly executed counterpart will be returned for your records. 03-28--12 PU4:31 IN OFFIICIIAL ellrir SMkrif'812V F lE, i`a_9 L `111111i (41 `j i T Page 2 By: Name: Theodore P. Gorski, Jr. Title: Assistant City Attorney Date: Please call me if you have any questions. Jones Lang LaSalle Americas, Inc. is acting as property manager for the BNSF Railway Company. Sincerely, r c r i - (_.,) Don J. B Patton Senior Transaction Manager — BNSF Account ACKNOWLEDGED AND ACCEPTED THE CITY OF FORT WORTH, TEXAS By: 710nes..4 &•1 Name: Fernando Costa Title: Assistant City Manager Date: 8hAZ ATTEST: By: Name: Mary J. Kayser Title: City Secretary Date: j BNSF RAILWAY COMPANY Name: Thomas N. Rund Title: Executive V.P. and CFO Date: p/'x;/1�_- �a+ �r`0°$°0400," /) 4Zik lag nal° % �Pit0000 tlk nett° APPROVED AS TO FORM AND SUBSTANCE: 4.? `‘4 % st 0 to 0 o lei Pi ("4", Q�' cy,cylcr • • OFFICDAL RECORD CITY SECRETARY Ft, WORTH, rf 03-o7- 1 2 P02:44 IN