Gateway BP (1.1)-CS 910422CA T E L L U S
AprU 22, 1991
Mayor Mark Wolfe
CITY OF COPIng]_
P. O. Box 478
Copl~, T~as 7~019
Publlo Imptovemmb Dimict (PR))
~*w~y Rusineu Park
De.u Mayor Wolf~:
Thanks to you ami Mr. P.~liff for the meeting last week relaling to our ~qucst for PID
flnancini. I am sorry that Councilmen Morto~ and Smothcrmon were not able to attend. Wo
remnln optimistic that the City of Coppell will supt~rt our request for PID bond financing.
Hopefully, wc will have the opportunity to clarify the structure of tim PID and the relative
~f~y, tO tim City, of ~hi~ form of fimncing. We look forwsxd to that opportunity,
How~, aa discu.utd in our meeting, th~n:
~me ~gnfigly ~c~g ~inology In &~ s~ P~ hw ~ it ~ m ~-i6~on of
~h~g ~ges or improvem~. Wo ~u~ ~at
five ~t
~ ~ P~ ~w mg~ ~ ~n of ~g ~ilifi~. ~e c~t l~ve
~n m~ ~y 27, 1~1, ~d ~ ~ ~ ~ ~ ~le c~ m ~s ~a bffi,
~ ~ 1~3.
By giving Represen~five Marchant your approval to proceed, you uc *.owing him I0 ,t~ 0/0
proeezs while we continue to work toward an amenable agreement, You can direct him to stop
the bill ~l any time. The revision called for by th~ bill does not voice your approwl of creation
of a PID; it only clarifies lansuqe for the PID if you in fa~t do allow its formation. Tim City
hu complete control of whether or not you grant u~ approval for the PI~,
A synopsis of tim background for the propoml bill is attached for your revl~-w. Thank you for
your eonsitimaton.
· ¥1~ Pr~ldent of Dovelopmmt
TWD:If
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