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ST9601-CS 971110 ^TELLU5 November 10, 1997 Mr. Kenneth M. Griffin Director of Engineering and Public Works City of Coppell P.O. Box 478 Coppell, Texas 75019 Dear Ken: I received your November 5th letter regarding the construction of Wrangler Drive and have a few comments. I was unable to verify your allocation of costs based on frontage foot. I came up with a total of roughly 1,100' of frontage owned by Catellus. You also mentioned that to insure the construction of this section of Wrangler, Catellus would need to provide necessary funds as soon as possible. It is our intent to pay Catellus' prorata share of costs from funds held in the Public Improvement District. I am not certain we can obtain funds in advance. Also, I presume you have notified PacTrust of the urgency and I was curious if they were still prepared to participate. Please give me a call at your earliest convenience. Stephen L. Bryan Director, Development CATELLUS DEVELOPMENT CORPORATION 4545 FL~kkER DRIVE, SUITE 100, IRVINg3, TEXAS 75038 (972) 719-6101 FAX (972) 719-6149