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Coppell Greens 1-CS 971203 (2)LAWRENCE W. JACK'OH ROBERT L DILLARD III ROBERT E. HAGER PETER G. SMITH DA~D M. 8ERMAN BRUCE A. STOCKARD NICHOLS, JACKSON, DILLARD, HAGER & SMITH, L.L.R Attorneys & Counselors at Law 1800 Lincoln Plaza 500 North Akard Dallas, Texas 75201 (214) 965-9900 Fax (214) 965-0010 December 3, 1997 JOHN g. ROEHM III JASON C. MARSHALL ROBERT L. DILLARD, JR H. LOUIS NICHOLS OF COUNSEL VIA FACSIMILE (972) 304-3570 AND U.S. MAIL Ken Griffin City Engineer/Assistant City Manager City of Coppell 255 Parkway Boulevard P.O. Box 478 Coppell, Texas 75019 Re.' Proposed Development Agreement by and between Beal Mortgage, Inc. (BMI) and the City of Coppell, Texas, relating to the dedication of right-of-way along Denton Tap Road Dear Ken: Enclosed for your review and comment, please find a draft of Development Agreement by and between Beal Mortgage, Inc. and the City of Coppell, Texas, relating to the dedication of right-of-way along Denton Tap Road by BMI in exchange for a 100% credit against future roadway impact fees to be assessed the BMI tract located along Denton Tap Road north of the new State Highway 121 bypass. By facsimile transmission, we are providing a copy of the same to Mark Pulliam, Project Manager at Beal Mortgage, Inc. for his review and comment. Please contact me with any necessary corrections or any comments. Thank you for your attention to this matter. Very tmly yours, NICHOLS, JACKSON, DILLARD, HAGER & SMITH, L.L.P. PGS/pr encls. CC: By: Mark Pulliam, by facsimile (214) 404-4004, and mail 14424