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ST9304-CS 860203 (3) .; February 3, lg86 ---Tit.[. ur, Commissioner Jim Jackson 2311 Joe Field Road Dallas, TX 75229 Via: Delivery Re: BELTLINE BUSINESS CENTER Subject: Proposed Re-Alignment of Belt Line Road Dear Jim: I'm sorry that I was not able to reach you by telephone today, but the timing of this letter was such that our position needed to be resolved prior to Mr. Bryan's planned presentations to the cities of Coppell and Carrollton. We find that we can no longer remain neutral on the alignment issue and must withdraw our previous tentative offer to dedicate right- of-way for the proposed realignment. Furthermore, we must respectfully request that this critical project not be delayed any longer and that full design be commenced for the roadway along its entire current alignment. We acquired property along Belt Line Road because we saw the area as a dynamic one and one in which a major arterial was scheduled for immediate improvement. However, our only apparent benefit of the realignment, that being the economic one of having property on both sides of Belt Line, is far outweighed by the risks involved in obtaining all right-of-way, giving back and filling existing right-of-way and receiving Corps and FEMA approval. Notwithstanding the fact that the proposed realignment could be thrown into the courts, we cannot afford the unavoidable risk of delay that would come with the approval to re-align. We therefore ask your continued support in giving Dallas County taxpayers what they voted for, a timely reconstruction of Belt Line Road along its current alignment. Thank you and hopefully this clarification of our position will assist this important project. Rc~rt G. Wachter VtcePresident/Land RGW:clg CC: J.W. Bryan Dallas County Jack Eades City of Carrollton Lou Duggan Mayor, City of Coppell Rick Neff Dimension Development Company DIMENSION DEVELOPMENT COMPANY 1700 PACIFIC AVENUE, SUITE 4500 DALLAS, TEXAS 75201 214/922.0155