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ST9301-ES010814August 14, 2001 T H E · C I T Y - 0 F cOPiSEi L Robert & Heather King C/O Isla Creighton 5956 Sherry Lane, Suite 100 Dallas, TX 75225 RE: Sandy Lake Road Project #ST 93-01 / Parcel 14 & 14SE Dear Mr. & Mrs. King: This letter is written as a follow-up to my meeting with Isla Creighton concerning the acquisition of right-of-way associated with Sandy Lake Road construction. Based on our conversation, the City of Coppell is willing to offer the following in exchange for the right-of-way: 1. Acquisition of permanent right-of-way at $2.00/sq. ft. x 592 sq. ft. 2. Acquisition of temporary slope easement at $0.50/sq. ft. x 3324 sq.ft. $1,184.00 $1,662.00 Total $2,846.00 If this is acceptable to you please sign below and return to me. Once I have received the letter, I will start the process for payment of the $2,846. When the check has been processed we can arrange a mutually agreeable time to meet to notarize the document in exchange for the check. Thank you for your patience and if you should have any questions please feel free to contact this office. Sincerely, Director of Engineering/Public Works In Agreement Robert King Heather King