Freeport NIP(2.7)-CS021206 (2)T H E C 1 T Y O F
COPPELL
e ` a a
December 6, 2002
Mr. Robert M. Cook
Product Support Services
4051 Highway 121 North, Suite 200
Grapevine, TX 76051
Re: Product Support Services Relocation to Coppell
Dear Mr. Cook:
Per our most recent discussions, I have further researched the tax incentives, roadway impact fee
credits, and permitting for Product Support Services.
Based on the information provided to me regarding Product Support Services, staff will support a
5 -year, 50% tax abatement on real and personal property. Final approval of all agreements is
required by the City's Economic Development Committee and City Council. The Economic
Development Committee has been briefed on the proposed Product Support Services facility and
verbally indicated support for the project.
With regard to impact fees, I have attached an updated estimate of impact fees prepared by the
v10 S�M1C Engineering Department. Roadway impact fee credits are available with the development of the
1.� Loi subject property at the southwest comer of Gateview & Royal Lane. A 75% reduction in the
VV 1L assessed roadway impact fees is automatically taken at the time that fees are assessed and will
result in reduced roadway impact fees of $13,702.50. The additional impact fees are estimated
and outlined in the attached fee table. Please note that the number and size of water meters are
estimated and may vary.
Additionally, you had expressed concern regarding the timing of permit review. I assure you that
City staff is committed to providing you expeditious service in the review of all permits. Both the
City's Building Official and Director of Engineering have been made aware of the proposed
project and will do whatever possible to assist in the timing of permits.
If you have any questions or comments, please feel free to contact me at your convenience.
Sincerely,
Andrea L. Roy
Economic Develop ent Coordinator
Enclosures
cc: Koo Gdit Director of Engineering
Greg Jones, Building Official
Gary Sieb, Director of Planning & Eco. Dev.
255 PARKWAY * P, O.BO% 478 * COPPELL T% 75019 * TEL 972/462 0022 # FAX 972/304 3673