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Town Center L1B1-CS 950711The City With A Beautiful Future Bill Anderson Dowdy Anderson & Associates 16250 Dallas Parkway Suite 100 ~ Dallas, Texas 75248 R~: Town Center BIk. 1 Lot 1 ~,~rt6n Bankf Development Fee Assessment ~ P.O. Box 478 Coppell, Texas 75019 214-462-0022 , ' UBLIC WORKS Dear Mr. Anderson: Enclosed is a copy of the City of Coppell Development Fee Assessment list along with a copy of the Development Fee Calculations for the Town Center Blk. 1 Lot 1 Overton Bank. Please make payment to the City of Coppell in the mount of $8,669.57 and forward it to Alan Johnson, Finance Director, along with a copy of the Fee Assessment List. A copy of the Engineer's estimate or contract for this project will need to be provided to our depas~tment so the construction impection fee can be verified. Providing a copy of your paid receipt to our office will help us to verify payment of the required fees and insure a successful beginning of this project. We look forward to working with you on this project. If you have any questions, please do not hesitate to contact me. Sincerely, Kenneth M. Griffin, P.E. Asst. City Manager/City Engineer CCi Alan Johnson, Finance Director Greg Jones, Building Official Doug Stevens, Engineering Technician Howard Pafford, Utilities Superintendent Rey Gonzales, Street Superintendent Rick Wieland, Park Development Coordinator Enclosures KG/ar ESCROW / ROADWAY IMPACT FEE CALCULATIONS PROJECT: DATE: Lot 1, Block I Town Center Addition (Overton Bank) 7/10/95 STREET ESCROW: itreet Name(s) Street Type Cost Per Foot Sandy Lake Road P4D/6 $160.00 252.94 Length of Adjacent Frontage (Linear Feet) IEscrow due = (Cost per Foot) x (Length of Adjacent Frontage) = ROADWAY IMPACT FEE: Service Area * I.and Use ** Ft.) Units ** Vehicle Miles per Develo[~menl Unit ** Vehicle Mile Roadway Impact Fee due = (Development Units) x Miles x (F Vehicle Mile) = Commercial 6,587 6.587 2.11 $300 * (Figure 2 - Roadway Impact Fee Study) ** (Table 3 - Roadway Impact Fee Study) Amount due is the lesser of the Street Escrow or the Roadway Impact Fee. $4,169.57