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Villages of CC P5-CS 970820 August 20, 1997 Via Fax (972) 304-3570 Mr. Ken Griffin City of Coppell Post Office Box 478 Coppell, Texas 75019 Re: Coppell Road Right of Way Dear Ken: I have had further contact with W'dliam Callejo and I am encouraged that an opportunity exists to buy additional right of way from him to achieve a fifty-five foot wide right of way before any additional dedication as would have been called for on his side of the road. He has received positive indication from his partners that they will accept $3.00 per square foot for the approximately 4,272 square feet of land which we have proposed to acquire. Unfortunately, there are still some issues which will need to be resolved to Mr. Callejo's satisfaction before we can consumate a transaction. The Deed on the Callejo Property actually goes to the center line of Coppell Road, but makes reference to prescriptive right of way to the east of the fence line. No conveyance has yet been made of this prescriptive right of way. If the Callejo Property ultimately dedicates an additional five feet on top of the right of way that we have required, Mr. Callejo would like an assurance from the City that there would not be a ten foot right of way dedication imposed upon him north of the northern boundary line of our adjourning property. Mr. Callejo would like assurance from the City of Coppell that any reconstruction cost of Coppell Road will not be imposed upon him or his property. Mr. Callejo has asked for a reverter of the dedication that we would require from him if it is not used within a specified time frame. 11300 N. Central Expressway, Suite 200, Dallas, Texas 75243-6705 (214) 750-6528 Fax: (214) 750-6849 Mr. Ken Griffin August 19, 1997 Page 2 As these items are beyond my control and would fall into the City's hands for determination, I would like to request a meeting between the parties to try to reach a resolution. If these items cannot be quickly resolved, I respectfully request that our building permits be released for the Villages at Cottonwood Section V so that we may be allowed to meet our contractual obligations to our Purchasers and Lenders to resume sales and production within our subdivision. Please let me know how we can proceed. ~$~phen H. Brooks President SHB/smo Pete Smith, City Attorney Via Fax (214) 965-0010