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Amberpoint BP-CN020523 . !~~~~~,E~~~,~~ 5001 Spring Valley Road Suite 600W Dallas, TX 75244 Phone: 972.774.2500 Fax: 972.991.4247 www.transwestern.net May 23, 2002 Mr. Kenneth Griffin Director of Engineering City of Coppell 255 Parkway Boulevard Coppell, TX 75019 Re: Northpoint Drive Street Repair Dear Ken, Attached please find an executed copy of the Northpoint Drive Paving Repair Agreement between State Farm- AmberPoint at Coppell, LLC and the City of Coppell. The work has been substantially completed and I expect we will be billing the City in the next 60 days, Should you have any questions, please contact me. Sincerely, TRANSWESTERN COMMERCIAL SERVICES cc: Henry Knapek Your Partner of Choice. EXISTING NORTHPOINT DRIVE PAVING REPAIR AGREEMENT This AGREEMENT is made by and between the City of Coppell, Texas, a Home Rule City (the "CITY"), and AMBERPOINT at COPPELL, L.L.C. a Delaware limited liability company, formerly known as Ballantyne Jack, L.L.C. ("APC"): RECITALS WHEREAS, APC wishes to construct Northpoint Drive from Sandy Lake Road to its intersection with existing Northpoint Drive. WHEREAS, APC has entered into an agreement with Glenn Thurman, Inc. to construct the extension of North point Drive WHEREAS, APC has obtained a change order from Glenn Thurman, Inc., as shown in Exhibit A, to make certain paving repairs, of approximately 145 square yards, to existing Northpoint Drive. WHEREAS, the City desires to financially participate with APC, as shown in Exhibit B, in the repair of the existing street failure on Northpoint Drive. NOW THEREFORE, be it resolved that the City will participate in the financial cost of the repair of North point Drive in an amount not to exceed $12,031.25. EXECUTED in duplicate originals this the /1/1 day of ,{Jay , 2002. ~: ~ ,TEXAS Jim tt, City Manager tfJ-