Town Center L2B3-CS040701 (2)CENTURION EAGLE, INC., TRUSTEE
12201 MERIT DRIVE, SUITE 170
DallaS, TEXAS 75251
(972) 991-4600 Fax (972) 991-7500
July 1, 2004
Mr. Ken M. Griffin
Director of Engineering
City of Coppell
255 Parkway
Coppell, TX 75019
RE: VILLAGE AT TOWN CENTER Project: Town Center Addition, Lot 2 Block 3
Dear Ken:
The Roadway Impact Fee Calculation in the letter dated 6/29/04 from Keith Marvin to
Dowdey Anderson setout an amount for payment that is incorrect.
Apparently he was not aware that the Roadway Impact Fees do not apply since they were
previously prepaid when the intersection was done years ago. The Roadway Impact Fee
Calculation dated 9/7/01 is attached referencing same as Exhibit 1 which states:
"As per the 1982 Univest Agreement, this property can not be assessed for
Denton Tap and Sandy Lake Rd. Therefore, no Impact Fees will be
collected on this project."
A check for what we believe is the correct amount is being hand delivered to you today in the
amount of $8,454.78 (Total Development and Impact Fees of $26,636.08 in 6/29/04 letter
minus the Roadway Impact Fee of $18,181.30 that is not applicable equals $8,454.78)
If you have any questions, please contact me at (972) 991-4600 x 101.
Sincerely,
Glen A. Hinckley
enclosures
ROADWAY IMPACT FEE CALCULATIONS
PROJECT: Town Center Addition Lot 2 Block 3
DATE: 9/7/2001
ROADWAY IMPACT FEE:
Service Area * 2
Eategory ** Commercial
Land Use ** Shoppin~ Center
~nildi~ Area (st') 14,080
9evelopment Units ** 14.08
Vehicle Miles per Development Unit ** 4.77
?ce ~oer Vehicle Mile *** $300
~,oadway Impact Fee due = (Development Units) x
Yehicle Miles per Develok0ment Unit) x ~Fee per Vehicle Mile) = $20,148.48
* (Figure 2 - Roadway Impact Fee Study)
** (Table 3 - Roadway Impact Fee Study)
*** (Schedule 2, Page 3 - Roadway Impact Fee Study)
As per the 1982 Univest Agreement, this property can not be assessed for Denton Tap
& Sandy Lake Rd. Therefore, no impact Fees will be collected on this project.
EXHIBIT 1
Sent By: INVESTMENTS;
972 991 7500; Jul-l-04 1:18PM; Page 4/4.
001
TO THE
ORDER OF
**** EIGHT THOUSAND FOUR HUNDRED FIFTY FOUR AND 78/100 DOLLARS
The City of Coppell
Public Works Service Center
816 S. Coppell Road
Coppell, TX 75019
07/01/04
$8,454.78***
vtc [150-~000 ?/l/U4
vic 1612-3020 7/1/04
Description
Amounl
90.00
8,364.78
CTC-Vlllage at Town Center, LP
Dallas, Texae ?~.51
Compae8 Bank
(972) 238,.8~00
DalI~, Te,x~ s (747)
88J44~1119
1001
TO THE
ORDER OF
**** EIGHT THOUSAND FOUR HUNDRED FIFTY FOUR AND 78/100 DOLLARS
The City of Coppell
Public Works Service Center
816 S. Coppell Road
Coppell, TX 75019
07/01/04
NON-NEGOTIABLE
$8,454.78***