ST8806-CS 890807 Coppell, Texas 75019
The City With A Beautiful Future 214-462-0022
August 7, 1989
Mr. Jay Chester
ABQ Development Corporation
625 Silver S.W.
Suite 200
Albuquerque, NM 87125
RE: CONSTRUCTION OF THE REMAINING HALF ROADWAY ON PARKWAY BLVD.
JUST EAST OF TOWN CENTER
Dear Mr. Chester:
As I discussed with Mr. Jerry Parche prior to the fourth of July weekend
when working with Kevin Peiffer of Ginn Inc., below is given the
tabulation for cost sharing between the City of Coppell and ABQ the two
common owners fronting this roadway.
OWNER FRONTAGE PERCENTAGE ESTIMATED S}{ARED COSTS
ABQ 483.4 33.724 $ 50,923.24
CITY 950.0 66.276 100,076.76
TOTAL 1,433.4 100 % $ 151,000.00
Per Ginn Inc. letter dated June 13, 1989 the estimated total cost
including construction ($132,000) and engineering ($19,000) is $151,000.
The pro-rated shared is spread above.
As you requested, this letter is providing this information so that you
can reply and commit to this project so that it can become a reality.
Without your participation in this matter, the project will be delayed due
to the lack of current funding and if ABQ is so inclined and would commit
to participate in this public improvement, then it would come to fruition
sooner in time benefitting both properties and the traveling public.
By return letter, please provide me your reply. If in fact it is positive
then we can have the design engineer proceed with the preparation of
contract documents and bidding etc. Prior to this however, we would
develop a formal agreement to be executed at the time of known unit
costs, etc.
F^o r n ED TO
Your attention and early response to this matter will be greatly
appreciated. Thank you.
Russell R. Doyle, P.E.
RRD: ch
xc: Alan D. Ratliff, City Manager
Frank Trando, Deputy City Manager/Finance Director
I{. Wayne Ginn, P.E., Consultant Engineer
JAYC