Big Cedar/FP-CS 920220~*.e.c~w.a*c-so. ~At~rneys & Counselors at Law ~ ~' /' t~ ' .- ' .' ..
~LECOPY (F~ TRANSMISSION L~ER
DELIVER TO: ~an RatiO, C~ Mana~er, O~ of Ooppell, Te~s
F~ NO.
FROM: ~en~ W. Jackson
No. of ~Oes inoludin~ this ~oe: 4
PL~SE ADVI~E IF T~NSMI~ION ERROR OCCURS (214)
Febma~ ~, 1~2
Re: Centex le~er of Feb. 17,
Dear ~an:
I h~e re~lved your f~ of ~he above memioned I~er, a co~ of which is retum~
w~h this f~ to you. You ~ave ~k for my comment.
This 18 the le~er I requested ~ o~ained ~om Cemex. It allo~ the ~ to use
Centex Escrow funds for ~o ~ns~u~on of ~e str~ and then ~oee out the Centex
Escrow ~h no ~her I[abili~ on the pa~ of Cemex or ~e C~ in reo~d to ~e old
Centex Escrow. I have ~ecked their le~er ~d it ~ntains ~e exa~ lanouaoe of the draE
I ~re~ared and sero ~o Tim House ~r delNe~ to Oe~ex.
I have been workin~ w~h Ga~ Sieb on this and I ~sume he has ~e ofi~inal le~er
~lch snoulo nave a ~py of me Oemex Escrow a~ree~em auac.ed as an ~hib. "B".
Othe~ise, the I~er is in proper form and co~ain~ all the provisions the Oi~ needs to
accomplish the desired result.
~wren~ W. ~n
cc: Ga~ Sieb
.
Cl~ of CoDDell ~
P. O, B~ 4~8
Cop~l], ~cx~o 75019
~o point E us shown on the pl~t eC~ach~ hereto as ~h~Bit
the Ce~tex pr~erty to the north.
You wtl~ r~all that at ~he time Centex develo~d 1~o propert~
Centex Real Estate Corpora~Xo~, herein Call~ "Centex",
in~ludi~g ~ny accumulated interest, now bslng held in the "Centex
the "Centex Escrow" ag~eeMell~.
. 214 393 0948 02-20-92 09;09~ POOl ~36'
Febm. ar~ 17, 19R
from point A to point E and W111 have no authority to control or'
L~J T~at upon transfer o£ =~e funds from the "Centex Escrow"
a~cgunt to the "A~ ~aurow" acCou~ the "Centex ~scrow" agreement
between Centex and ~he City of CoDpe11. Exhiblu "A", shall
obligation thereunder,
If ~hia agroemen~ meets ~lth tile approval of ~he City at Coppell
and A~dinger a~d ~atthews, pl~aa~ have t~e ex~ra oopy sign~ by all
parties a~d ~etur~od to us.
~ you harm any quem~t~e In regard ~o ~hls, please do no~ ~esl~ate
to contaot us.
¢IDrTI~RlV~ EHTAT~ CORPORATION
By: ~. ~
Bill
President,
North DaZia~ Dtv%~i~a
Approved and Agreed:
CI~[ OF COPPBL~
Alan Ra~ll£f
By:
H. D. Ardtnger
214 393 0948 02--2D--g20g:09AM P002
2.~, 3~3 0948 02-20-92 Og;OgAM .PO03 fl:3~