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PD178R-CS010131 (2)Sent By: INVESTMENTS; 97~ 991 7500 972 991 7500; Jan-31-01 9:11AM; Page 2 YORKSHIRE WEST CAPITAL, INC. 12201 MERIT DRIVE, SUITE 170 DALLAS. TEXA~ 7.~251 972-9914600 January 3 !, 2001 Jim Witt City Manager City of Coppell 255 Parkway Boulevard Coppell, Texas 75019 VIA FAX (972)304-3673 RE: Landscaping Area North of Town Center West Dear Jim, It is my understanding that this issue is pmvcntin$ thc release and final inspections of the certificate of occupancy for Tenants opening for business in the Retail building at 171 N. Denton Tap Road known as Manet at Town Center. As a good faith effort to provide thc comfort to the City of Coppcil, this letter shall confirm ~ the Landscaping required under PD-I?8, Exhibit "C" attached hereto, will be installed no later than May 1,2001, or funds for its installation escrowed with the City for that purpose. With this letter confirming the Landscaping installation, we understand that a tean~ Certificate of Occupancy will be issued for the building and its tenants from today through February 9, 2001. This time would allow us to obtain bids and should provide an acceptable solution to the City of Coppe]l, while not penalizing Coppcll residents openin8 for business. Jim Mills of Real Tex Ventures has indicated that he will return from vacation next Monday. Upon his return we will document the timely installation of this obligation or escrow the ftmds for that purpose. Thank you for your assistance. Yours truly, Alcn Hinckley Vice President