Bethel BP-CS080911
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THE.CITY.OF
COPPELL
September 11, 2008
CH Realty IV!Bethel, L.P.
2100 McKinney Ave, Suite 700
Dallas, TX 75201
Attn: Steve Bancroft
RE: Development Agreement between City of Coppell and CH Realty IV !Bethel, L.P to
Construct Creekview Drive - Cost Reconciliation
Dear Mr. Bancroft:
This is a final resolution letter containing the real costs incurred by our contractor to build
the extension of Creekview Drive according to the development agreement entered into on
October 9, 2007. The following breakdown explains how the total due from the developer
was calculated:
Total cost of Creekview to be paid by City and Developer =
Developer responsibility (216,370.65/2)
Developer credit for waterline construction
Total due from developer
$216,370.65
108,185.32
-18,214.00
$ 89,971.31.
A savings of $3,984 was realized in the construction of stamped concrete for the drive
approach versus the estimate. That amount was deducted from the cost presented by Tiseo
that was to be shared equally by City and Developer, bringing the net amount to the
$216,370.65 as presented above. The estimate sheet showing the item is enclosed for your
information.
Please send a check in the amount of $89,971.33 to my attention so that this part of the
project can be successfully concluded. Thank you for your attention to this matter and for
your cooperation during the project.
Sincerely, J
K'b~. dnt;;
Director of Engineering & Public Works
Office 972/304-3686
Fax 972/304-7041
Enclosure
255 PARKWAY * P.O.BOX 9478 * COPPELL TX 75019 * TEL 972/462 0022 * FAX 972/304 3673
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FW: Creekview I Bethel Road
Page 1 of 1 .
Keith Marvin - FW: Creekview I Bethel Road
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From:
To:
Date:
Sub.iect:
Roger Dahlin <roger@pritchardassociates.com>
Keith Marvin <kmarvin@ci.coppell.tx.us>
9/8/2008 10:19 AM
FW: Creekview I Bethel Road
Keith:
Here is what is in our files. Matt Goodwin is our Civil Engineer for the project.
Roger Dahlin
Pritchard Associates, Inc.
2500 Routh Street
Dallas, TX 75201
214/849-0012 Voice
214/849-0024 Fax
972 / 467-0747 Mobile
From: Ken Griffin (mailto:kgriffin@ci.coppell.tx.us]
Sent: Tuesday, November 06, 20079:30 AM
To: Matt Goodwin
Cc: Keith Marvin; Rhonda Adloo
Subject: Creekview / Bethel Road
Matt
Here's the cost breakdown for the Development Agreement that was approved by Council:
Total cost of Change Order to Tieso - $270,088.40
Total cost of two median openings - $49,733.75
Total cost of Creekview to be paid by the Citrt."~~e Developer - $220,354.65 (270,088.40 -
49,733.75 = 220,354.65) - 3J~~4 r-,~ ~
Developer responsibility - $110,177.33 (220,354.65/2 = 110,177.33) ~ l~~ 1'~S:~sr.
Credit to developer for installation of water line in Creekview - 18,214.0~J11"J. . O't)
Total due from developer - $91,963.33 (110,177.33 - 18,214 = $91,963.33)'8~ 111.3'"
Hope this helps. . ~ ~
Ken Griffin
file:IIC :\Documents and Settings\kmarvin \Local Settings\ T emp\XPOrp Wise\48C4 FC20City... 9/8/2008