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Coppell Cross 1P-CS 980528 (2)PHIL BURLESON 1933-1995 JONATHAN J. BATES PHIL BURLESON, JR. SENATOR DAVID H CAiN THOMAS L. DAVIS TIMOTHY A. DUFFY MICHAEL P. GIBSON ALAN J HOSTETTER, P.C KELLY H KOLB JAY J. MURRAY. P.C TOM PAPPAS JACK C PATE KEMBLE WHITE OF COUNSEL; RICHARD A. ANDERSON BUI~L~.SON, PATE 8c GIBSON, L.L.P. ATTORNEYS AND COUNSELORS AT LAW A LIMITED LIABILITY PARTNERSHIP INCLUDING PROFESSIONAL CORPORATIONS May 28, 1998 AKARD PLAZA BUILDING 2414 N. A~ARD, SUITE 700 DALLAS, TX 75201 TELEPHONE (~14) 871-4900 FACSIMILE (214) 871-7543 Jim Witt, City Manager City of Coppell P.O. Box 478 Dallas, Texas 75019 Mike Martin, Engineering Department City of Coppell P.O. Box 478 Dallas, Texas 75019 Greg Jones, Building Department City of Coppell P.O. Box 478 Dallas, Texas 75019 RE: Coppell Crossing; Request for waiver of impact fees Gentlemen: This law firm represents Mockingbird Management/Coppell Crossing Limited Partnerships. By this letter, formal written request is made that all future impact fees for Coppell Crossing be waived based upon the following. A number of the fees charged by the City of Coppell are not comparable to charges in Irving (Valley Ranch) or Lewisville. Such additional charges renders the property not cost competitive. Additionally, Tract 1 has been burdened by additional costs of two fire detector checks, underground boring, and detector check boxes as well as the fees outlined above. Such additional cost equate to an additional $6.00 per square foot to the cost of the building. Such additional cost is obviously passed on to the tenant and makes it difficult (if not impossible) to be cost competitive in attempting to engage tenants for the current site and away from other municipalities who do not have such high costs and fees. As you are no doubt aware, there are a number of economic impact zones in various municipalities throughout North Texas. The project under construction by my client justifies a May 28, 1998 Page 2 waiver of the impact fees, similar to an economic impact zone inasmuch as the retail and office facilities to be constructed will employ a substantial number of people and add a dramatic economic impact to the City of Coppell. Furthermore, it is in the best interest of the City of Coppell to have retail facilities which are full with tenants (and generating tax revenue) instead of empty because the rent payments are artificially high due to unreasonable development costs. My client's request is that the development costs be held down by waiver of impact fees. Thank yon for your consideration of this matter. Please do not hesitate to contact the undersigned or Mitchell Vexler at 940-241-2353 if you have any questions or comments with regard to the matters raised by this correspondence. TLD/rg cc: Mitchell Vexler