ST9401-CS 990429April 29, 1999
CENTEX nEVEI_OPI~ ENT
COMPANY
3100 McKinnon Street, Suite 370
Dallas, Texas 75201
Mr. Kenneth M. Griffin
255 Parkway Blvd.
P.O. Box 478
Coppeli, TX 75019-4409
Re:
Proposed Free Left Turn Lane, Denton Tap Road south of SH 121 Bypass
to the 9 acre Commercial Tract located on the southeast corner of the SH
121 Bypass and Denton Tap in Coppell, Texas
Dear Mr. Griffin:
The City of Coppell is hereby advised that Centex Development Company ("CDC") will
be financially responsible for the incremental costs of including the above referenced turn
lane with the Denton Tap roadway improvements currently under construction by the city
of Coppell or its contractors. I understand that the work would be included as a change
order to the current contract. A preliminary cost estimate by Bill Anderson with
Dowdey, Anderson & Associates, Inc. places our portion of the cost at approximately
$14,00O.
It is our understanding that Beal Mortgage, Inc. ("BMI"), the owner of the property
across Denton Tap from our site, will be allowed to construct a tree left turn lane into its
site. Such costs for that turn lane is to be borne by BMI. Any common costs for the
construction of both turn lanes will be shared equally by BMI and CDC.
Please call me if this letter is not sufficient for your requirements to approve the inclusion
of this project in the Denton Tap construction.
Sincerely,
Vice President
CC:
Bill Anderson, Dowdey, Anderson & Associates, Inc.
Mark Pulliam, Beal Mortgage