Coppell Industrial-CS020507T H I. . (: I T Y · 0 If
COPPELL
Michele Wheeler
CP-CoppeH Industrial, Ltd.
15601 Dallas Parkway, Suite 100
Addison, TX 75001
RE: T~k,~oim Industrinl Pnrk-lmpact Fee Credits
Dem' Michele:
This is a "heads-up~ reminder of an ~ra.r~tct fee condition Champion agreed to in late 2000. Review of the
agreement between the City and CP-Coppell Industrial, Ltd., regnrding impact fee credits fo~ Bethel Ro~d
right-of-way, indicates ~ further action must be completed by CP-Coppell Industrial, Ltd. by Fall 2002.
An impact fee credit agreement was approved by Jim Witt m October 2000, which ~aatecl CP-Coppell
Industrial, Ltd. a $109,000 roadway impact fee credit, with the condition that CP-CoppeH Iv~t~-ial, Ltd.
would plat the remnlnin$ balance of the site at Bethel Road by October I 1, 2002 (two years from granting the
credit). As indical~d in Ilae attached docmnents, the $109,000 credit was based on the entire 1-87 acres bein~
dedicated as right-of-way and only a portion (.86 of an acre) has been dedicated. AdditionAlly, the two-year
time limit was derived in conjunction with the City's schedule for Bethel Road improvements in this are~
To add,-~s this condition, CP-CoppeH Industritfl, Ltd. may pint the remainder of the property as required, or
tnmsfer the remnlnln_o 1.01 acres of needed right-of-way to the City. If the needed right-of-way is not
conveyed to the City, the $58,600 credit received for the portion of right-of-way that has not yet been platted
shall be remitted to the City.
Please inform us, as soon as posm~,le, of your proposal to fulfill the conditions of the agreement. Should you
have any questions t~ardin_e this ngtvemant, please feel free to contact me nt (972) 304-3678 or via e-mail at
Sincerely,
Enclosures
~c: Jim ~
Jennifer Arn~h~,u~
File
255 PARKWAY 1~' P.O.BOX 478 It' GOPPELL. TX 75019 1¥ TEl.. 972/462 0022 'A' FAX 972/304 3673