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ST9401-CS 990422 (4)II. c 4- .Beal Mortgage,,-c. Via Fax (972/304-3570) 15770 N. Dilllit'. P:u'kway 5uilc 902 Dallas.'l'exa~ 752J. g 2 1 .:tt.:l~ IJ -JfMfi F:I~ 2 1 J/~0~-41~4 Mr. Kenneth M. Griffin Assistant City Manager 255 Parkway Blvd. P.O. Box 478 CopFell, TX 75019-4409 Proposed Free Left Turn Lane, Denton Tap Road south of SH 121 Bypass 10 acre Commercial Tract located adjacent to Magnolia Park Subdivision Dear Mr. Griffin: The City of Coppell is hereby advised that Beal Mortgage Inc. (BMI) will be financially responsible for the incremental costs of inehding the above referenced mm lane with the Denton Tap Road improvements currently under construction by the city of Coppell or its eontntetors. I understand that the work would be included as a change order to the current contract. A preliminary cost estimate by Bill Anderson places our cost at approximately $14,000. It is our understanding that Vista Properties, the owner of the property across Denton Tap Road from our site, will be allowed to construct a flee fight turn lane into its site. Such costs for that turn lane is to be borne by Vista. Any common costs for the construction of both turn lanes will be shared equally by Vista and BMI. Please call me if this letter is not sufficient for your requirements to approve the inclusion Mark Pulliam project Manager Co: Bill Anderson Dowdey Anderson (fax 972/931-6538)