Community CU-CS030718T H E C 1 T Y O F
COPPELL
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July 18, 2003
Jodi Pyle, Vice President
Community Credit Union
P.O.Box 867119
Plano, TX 75088-7119
RE: Community Credit Union
Refund of Roadway Impact Fees
Dear Ms. Pyle:
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In January of 2001, the City of Coppell entered into a Development Agreement with Second
Century Investments Denton Tap, Ltd. to provide $23,436.00 in roadway impact fee credits in
exchange for the dedication of right-of--way along Denton Tap Road. At the time of the
agreement, the site that the Community Credit Union now owns was part of the original 10-acre
tract.
On January l9, 2001, the Magnolia Village Addition was credited $22,323.60 in roadway impact
fees, leaving a balance of $1,112.40 to be applied to the remaining property when developed. The
next development to occur was the Community Credit Union and they should have been the
recipients of the remaining roadway impact credits.
The credit union paid the full assessed roadway impact fees of $3,798.00 (copy attached) on July
23, 2002. This amount should have been $2,685.60 ($3,798.00-$1,112.40). Therefore, a
reimbursement of $1,112.40 to the Community Credit Union is due. This will deplete the full
amount of credits that were originally dedicated to this tract of land.
If you have any questions or need any further information, please feel free to contact me.
Sincerely,
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Kenneth M. Griffin, P.E.
Director of Engineer/Public Works
Office Phone: (972) 304-3686
Fax: (972)304-7041
255 PA PK WAY * P. O.BOX 9470 * COPPELL T% 75019 * TEL 972/462 0022 * FA% 972/304 3673
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P.O. Box 830742 Richardson, TX 75083-0742
(972)-578-5000
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No. 455420
AUTHORIZE $IG1dATURE
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MEMORANDUM
FROM THE
DEPARTMENT OF ENGINEERING
To: Ken Griffin, P.E., Director of Engineering/Public Works
From: Teresa Turner, Graduate Engineer
Date: February 4, 2003
RE: Community Credit Union Addition
After further review of the engineering department's fee assessment files, it has come to my
attention that the Community Credit Union Addition was not correctly credited roadway impact fees
in the amount of $1112.40.
In January of 2001, the City of Coppell entered into an Development Agreement (attached) with
Second Century Investments Denton Tap, Ltd. to provide $23,436.00 in roadway impact fee credits
in exchange for the dedication ofright-of--way along Denton Tap Road. At the time of the
agreement, the site that the Community Credit Union now owns was part of the original 10 acre
tract.
On 6/19/2001, the Magnolia Village Addition was credited $22,323.60 in roadway impact fees,
leaving a balance of $1112.40 to be applied to the remaining property when developed. The next
development to occur was the Community Credit Union and they should have been the recipients of
the remaining roadway impact credits.
The credit union paid the full assessed roadway impact fees of $3798.00 on 7/23/02 (receipt
attached). This amount should have been $2685.60. Therefore, a reimbursement of $1112.40 to the
Community Credit Union is due. This will deplete the full amount of credits that were originally
dedicated to this tract of land.
If you have any questions of need any further information, please feel free to contact me at ext.
3681.
"CITY OF COPPELL ENGINEERISG - EXCF,LLENCE RY DESIGN"