Northlake 635(6)-CS 951011FULTSASSOCIATES
'vIA
October 11, 1995
Honorable Tom Morton
Mayor, City of Coppell
255 Parkway Blvd.
Coppell, Texas 75019
RE: The Albany ProjeCt, Coppell Site
Dear Mayor:
We sincerely appreciate all the cooperative effort and hard w(
provided during our review process in assisting our client to fm
order that a decision can be made by our client, we have summ
the last several weeks to the following specific items in o~
understanding exists with you prior to our decision being ma&
i Hei!er
~..'u ce R.
2'£ ~Cl 5q:", iT5
,rk you
fiize th
~zed ~
'der to
Our understanding of these discussions are as follows:
Our client proposes to locate a corporate h4adqum
distribution facility on the selected site. The t~tal ca
project is estimated at this time to be approximately $12-
land costs. Based on this level of investment andlthe
understanding that our client would be a candidate for
approval bom city council for an ad valorem tax ~batem
75% for a five year period.
Per my discussion of 10/10/95 with Mr. Jim Witt.
provided a concept plan is submitted in acc,
subdivision ordinance and approved prior to
therefore vested and our project would not be sul
fees for the construction indicated on the conce
tism
danci
20/9~
~ct to
plan.
and your staff have
eir site selection. In
~ur discussions from
ensure that a clear
ters and assembly/
aital budget for this
million excluding
icipated use, it is our
md likely to receive
..nt in the amount of
understanding that,
with your current
our submission is
he roadway impact
It is our understanding that utility tap fees as i~dicate~ in the standard fee
schedules provided bythe City of Coppell will lpply tI this project.
Honorable Tom Martin
October 11, 1995
Page 2
Per our previous conversations, we understand
willing to charge building permit fees based
time and plan review in lieu of the standard fee
City of Coppell is
costs of inspection
o
o
We appreciate your efforts in dealing with TU
faxed from TU Electric dated October 6, 1995,
existing primary feeder line off of the
relocation being on the east side of Beltline
Based on the letter
to relocate the
with the likely
Per my discussions with Mr. Ken Griffin
Goodwin, it is our understanding that a
utilized at the north property boundary
will allow the required flow and maintenance is'
engineer, Matt
channel can be
configuration
by the land owner.
Per my telephone conversation this morning
understanding that the initial traffic study
at the intersection of Beltline and Lakeshore.
further detailed information being provided by
traffic engineer. We understand the installation
verification subsequent to this
City of Coppell.
Per our previous meeting, it was indicated that mCnies
year 1996 to make repairs to the existing pavin~ and
within Lakeshore Drive. Per a previous meeting with
also understood that monies are available to exlend th
serving this part of the city in order to eliminat~ any 1o
in the area.
Griff'm, it is my
for a traffic light
contingent upon
:for analysis by your
light following
at cost to the
e budgeted for fiscal
.torm sewer systems
/Ir. Ken Griffin, it is
.~ existing water line
w pressure concerns
It is understood that a median cut with left mm l~.e wil~ be allowed onto our
property, properly spaced from adjacent imerse~tions, tit is understood that
the property owner will be responsible for the cost of this median cut.
Honorable Tom Martin
October 11, 1995
Page 3
3 /~1~.~
"/
Per our meeting we understand that a hike
future, will be located on the expanded ri
City of Coppell along Beltline Road. No
owner will be required for this hike and bike trail.
that, with the formal submission of a written
along Lakeshore Drive will not
subject to actual demand as deemed necessary
Per our meeting, it is understood that the City
screening requirements for any track doors
indicate the exterior of the building may be
It is understood that the City of Coppell
whereby the land owner may utilize the
landscaping improvements to be installed at
maintained by the land owner. The expanded
property of the City of Coppell.
We trust the above are a mutual understanding of the items welhave p
If this is the case, please indicate by signing in the space provi{led bel
fax a copy of this letter to me. If we are not in agreement on th~above
me immediately. We look forward to resolution on the abovelitems;
quickly in our decision making process. ~
Sincerely,
THE FULTS COMPANIES
ONCOR International
Bruce Heller
Vice President
cc: Jim Witt, City of Coppell
Cyril Kasmir
VIA FAXsi d :g~~c~ ./..~,
Honorable ~I
Mayo~City
inthe
owned by the
from the property
we understand
of sidewalks
only be required
Engineer.
will waive the
Drive and
an agreement
right of way for
owner's cost and
will remain the
reviously discussed.
ow and returning by
items, please notify
md moving forward
n Morton
,f Coppell