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Coppell Trade-CS050426 (2)NULl LVI~bPUKU CUMM Pax:gF22417955 Apr 26 2005 9:54 P.O! HOLT LUNSFORD C 0 M M E I~ C I A L 5055 KELLER SPRINGS ROAD ADDISON, T[XAS 75001 (g72) 2¢1-8300 (972) 241-7955 FAX FACSIMILE TRANSM[TTAL SHEET [] iJRC;ENT [] FOR REVI[W [] PLEASE COMMENT [] ~LEASE REPLY HOLT LUNSFUkD EUMM Fax:9722~l?955 Apr 26 2005 9:54 P. 02 COPPELL March24, 2005 Al Sorrels, Principal Holt Lunsford Commercial 5055 Keller Springs Rd., Suite 300 Addison TX 75001 RE: Coppcll Trade Center, Lot 1 Block I D~ar Mr. Sorrels: This letter is written in response to your letter of March 23, 2005 concerning roadway impact f~cs for Coppell Trade Center, Lot 1, Block I (800 Sandy Lake Road). It is my understanding that you arc currently awaiting council approval for an agreement betwccn the Coppell Economic Review Committee and yoursel£ In an effort to expedite the project, I am allowing you to pay only 50% of thc assessed roadway impact fees until such t~me as City Council acts on the agreement. Il'the agreement is approved, then the check submitted for $31,206.93 will sahsfy requirements for the roadway impact fees for this particular lot. Obviously, as other development occurs in the Coppell Trade Center additional roadway impact fees will be assessed. If City Council does not approve the agreement, then you should be prepared to pay the remaining 50% of roadway impact fees immediately after council action. If you have any questions, please feel flee to contact me at your convenience. Kenneth M. Griffin, P.E. Dim:mr of Eng/neering/Public Works Office: 972-304-3686 Fax: 972-304-7041 1r055.2oo~ '~ "' I-IOLT LUNSFORD March 23, 2005 Mr. Ken Gnffen, P.E. Director of Engineering and Public Works The City of Coppell 255 Parkway Coppell, TX 75019 Dear Mr. Gnffen: The enclosed amount of $31,206.93 is repregentat~ve of 50% of the roadway impact fees due for Building C (800 Sandy Lake Road) based on the a~eement with *.he Coppell Economic Review Committee as referenced in the December 6, 2004- letter rom Audrea Ray. The original amount of $62,413.86 is indicated in the Development Fee Table dated January 26, 2005 provided by the engineering department. I am'currently working with Chad Beach in the Finance Department so as to finalize the contractual ago'cements with the City of Coppell for final council approval. Thank you for yom- attention to this matter. Principal AS:mr Ent Name Acct No Invoice Date P.O. N~m Reference Amount Discount Net 25121C CoppellTrade Cente , 1850-100 HT~5121DMa~ 03/o1/05 {oa~ay Impa~ Fees 31,206.92 O, 0C 3~,206,9~ P*yo*; coppell Trade Center, L.P Date Check No. Check Amou~ Payee: Ci~ of Coppell 03104/0~ 001042 ,,$3~,2~.~3 Coppell Trade Center, L.P. Northpointe Drive & Sandy Lake Coppell~ TX 75019 Bank of America, 101 S Tryon Street Charlotte, NC 2B255 1110 Date Check No Check Amount 03/04/05 001042 $31,Z06.93 Thirty One Thousand Two Hundred Six AND $3/100 Dollars city Ot goppe. Coppell Trade Cente Payor.' Coppell Trade Cenler. L.P. DaIB Chock No. Check Amount 03/23/05 001054 $1t.~.1:~ ............. 03/23105 ..... 001054 ,,~, .............. $1~ ,~.q.'~a .... even Thousand Four Hundred Forty F ve AND 131100 O011am