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Coppell Industrial-CS 991229The City With A Beautiful Future RO. BOX 478 COPPELL, TEXAS 75019 December 29, 1999 Mr. Stephen M. Golding Senior Partner Champion Partners 15601 Dallas Parkway, Suite 500 Addison, Texas 75001 P.O. Box 478 Coppell, Texas 75 972-462-0022 RE: Coppell Industrial Land on Bethel Road and December 23 letter Dear Steve: Thank you for the time you spent on composing your concise letter dated December 23, 1999, which allows us to respond in a manner that I think addresses the needs identified. Also, ongoing discussions will probably be needed with Champion, as well as your engineering consultants, as the final plans are developed for Bethel Road. Let me answer the questions in the order they were presented in your letter of December 23. Improvements to Creekview Drive Yes, the City of Coppell will fund 100 percent of the cost of improvements to Creekview Drive from Royal Lane eastward to the future intersection with Freeport Parkway. Design will be handled by Schrickel Rollins, Inc., and will begin in early 2000. The roadway, barring any unforeseen weather conditions, should be completed by January 1, 2001. At this time we do not anticipate any right-of-way dedication from Champion, although creek channelization could require a very minimal dedication. At this time we are unsure what that minimal amount would be. Bethel Road The City of Coppell, in accordance with the recent bond election, will pay the 100 percent cost for improvements to Bethel Road. We do not foresee any significant cost increases, or design complications that we have not anticipated. That would be the only way we would request additional landowner participation. But, we feel we have covered the necessary contingencies in our estimates presented to the public during the bond election. We will require a 90-foot Mr. Stephen M. Golding December 29, 1999 Page Two right-of-way to make the proposed improvements, therefore, a maximum of 40 feet right-of-way dedication would be necessary along Bethel Road that would impact your property. I would ask that your engineers, of course, continue to meet with Ken Griffin and our engineering consultants on this project. Parking On-Site The best way to handle the parking situation is to initiate a development agreement between Champion and the City in order to commit those parking areas, if necessary. This should be approached early in your development review submittals. I will be working with the Planning Department to ensure they are informed with regard to our plan for a development agreement. If you have any other questions or need clarification, please do not hesitate to contact me. I appreciate the opportunity to work with you and Champion on the development of this property. We look forward to a successful partnership for not only Champion, but also for the City of Coppell. CWitt jikbManager bcc: Ken Griffin ~ O0 Acres Cop[~ell, Texas Site Map 12"W -- SO' [ 't 100 ACRE TRACT 16 'W N T Not t~ Scale 100 - ACRES COPPELL INDUSTRIAL N.V.