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Coppell Greens 1-CS 980312Argus Development of Texas, Inc. C/O Eastern Development, Inc. 5225 Village Creek Dr. it400 Piano, Texas 75093 March 12, 1998 Mr. Ken Griffin Mr. Mike Martin Mr. Jim Witt City of Coppell 255 Parkway Blvd. Coppell, Texas 75019 RE: Park fees and dedication and other impact fees for Coppell Greens Subdivision, Coppell, Texas Gentlemen: I have received your fee calculations for the above referenced subdivision. At, er reviewing the calclulations, I have several discrepancies to address. First, the Park Fee should be zero dollars pursuant to the agreements made with the planning and zoning commission and City Council specifically on Septemeber 9, 1997, whereby the City Council agreed to accept park land with $300,000 of improvements located immediately south of Magnolia Park Subdivision in lieu of park fees. The presentation of the final plat and final site plan was made by'Jim Witt, City Manager, and approved by the Council. f Second, the roadway impact fee is calculated innaccurately. The fee should be $ 64,74~.00 and it is shown on your sheen as $67,744.00 As such, please find enclosed herewith, Argus Developments check in the amount of $180,844.00. This includes $62,100.00 for water impact fees, $54,000.00 for wastewater impact fees, and $64,744.00 for Roadway impact fees. In the event you have any questions regarding the foregoing, please contact me at (972) 742-9101 or Preston Skaggs, project manager, at (972) 732 8453. Thank you. Sincerely, Richard Biggers, Vice President