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Park West CC(6)-CS 980730July 30, 1998 Mr. Greg Jones City of Coppell 255 Parkway Blvd. Coppell, TX 75019 VIA FACSIMILE: 972/304-3514 Re: Certificate of Occupancy for the IBM Call Center Dear Sir: Per our telephone conversations on the above referenced project, please find enclosed a copy of a City of Coppell receipt for the amount of $57,125.00 to be placed in escrow until the landscape is installed and accepted by the City. This will allow Prentiss Properties to seek a Certificate of Occupancy for our project and ultimately allow' our tenant to move in. As discussed, the recent water conservation measures have prevented Prentiss Properties from completing installation of our landscape. At the City's request, we are placing 110% of the value of the work remaining in escrow with the City as guarantee the work will be completed. The work remaining list is as follows: · Installation of ground cover such as Gulf Stream Mandina, Nellie R. Stevens, Leatherleaf Mahonia, Dwarf Buford Holly, Dwarf Wax Myrtle, "Big Blue" Liriope, Trumpet Vine, Coral Honeys Suckle, seasonal color and hydro-mulched Bermuda grass. · Final grading and installation of lateral lines and sprinkler heads on the Belt Line median cut in front of our project. I anticipate that work to be completed by Friday and no later than Monday, August 3, 1998. · Replacement of trees with like, per the City of Coppell's requirements, removed in the median as a result of the installation of the mm lane. These trees will be replaced this fall when weather conditions permit transplanting trees. PRENTISS PROPERTIES 386(} W£ST NORTBa'EST HWY.. SUITE 400 D^;.l..aS, TEXt>.' 7522c, 21 .t 65-I.-~8:.t0 ['a,X: 21 $ 358-712'.' We anticipate installation of our landscape on September..15, 1998-or-earlier if-allowed by. khe City of Coppell. It -,;'ill take approximately two weeks to complete installation. Please let me know' if this does not satisfy the City's requirements for a Certificate of Occupancy. My office number is (214) 654-5863 and my mobile number is (972) 977-2945. DHG/ams cc: Larry Davis (City of Coppe[1) Ken Griffin (City of Coppell) Dennis Slaton (City of Coppell) Craig Anderson (IBM) Jerry Mays (PPL) Kevan Dilbeck (PPL) File 9703 4.6.1