Loading...
ST9601-CS 980501/~--'~ The City With A Beautiful Future PO, BOX 478 COPPELL, TEXAS 75019 RO. Box 478 Coppell, Texas 75019 972-462-0022 May 1, 1998 Stephen L. Bryan, Director of Development Catellns Development Corporation 4545 Fuller Drive, Suite 100 Irving, Texas 75038 RE: Wrangler Drive Project ST 96-01 Dear Mr. Bryan: On April 28, 1998 the City of Coppell opened bids for thc construction of Wrangler Drive. The bids received by the City of Coppell totaled $377,784.20 for the portion of Wrangler adjacent to the Catellns and PUc Trust property. The Engineering's estimate for the project was $380,646.00. On November 5, 1997, I provided information to you concerning the estimated cost of the project and calculations where approximately 59% of the cost would be paid by Catellus. On February 26, 1998 you acknowledged that Catellns was willing to participate in the cost sharing as previously provided. Therefore, the participation by Catellns will be in the amount of $222,892.68 (377,784.20 x 59%). The associated water improvements along this section total $40,673.40. As previously indicated the entire cost for the water line improvements is being paid by the City of Coppell. It is the City's intention to award this project at the May 12, 1998 City Council meeting. Arrangements should be made as soon as possible to provide the City of Coppell the appropriate funding in the amount of $222,892.68 so that the entire project can be awarded and constructed as designed. If you should have any questions please feel free to contact me at (972)304-3679. Sincerely, tO. Kenneth M. GrllTm, P.E. Director of Engineering and Public Works The City With A Beautiful Future PO. BOX 478 COPPELL, TEXAS 75019 PO. Box 478 Coppell, Texas 75019 972-462-0022 May 1, 1998 F. Michael Nugent, Asset Manager Pac Trust Pacific Reality Associates L.P. 15350 S.W. Sequoia Parkway, Suite 300 Portland, OR 97224 RE: Wrangler Drive Project ST 96-01 Dear Mr. Nugent: On April 28, 1998 the City of Coppell opened bids for the construction of Wrangler Drive. The bids received by the City of Coppell totaled $377,784.20 for the portion of Wrangler adjacent to the Pac Trust and Catellns property. The Engineering's estimate for the project was $380,646.00. On November 5, 1997, I provided information to you concerning the estimated cost of the project and calculations where approximately 41% of the cost would be paid by Pac Trust. On March 6, 1998 you acknowledged that Pac Trust was willing to participate in the cost sharing as previously provided. Therefore, the participation by Pac Trust will be in the amount of $154,891.52 (377,784.20 x 41%). The associated water improvements along this section total $40,673.40. As previously indicated the entire cost for the water line improvements is being paid by the City of Coppell. It is the City's intention to award this project at the May 12, 1998 City Council meeting. Arrangements should be made as soon as possible to provide the City of Coppell the appropriate funding in the amount of $154,891.52 so that the entire project can be awarded and consu cted as designed. If you should have any questions please feel free to contact me at (97~ Kenneth M. 6riffin, P.E. Director of Engineering and Public Works