Tax Abatement letter he City With A Beautiful Future
BOX 478
COPPELL, TEXAS 75019
May 5, 2000
P.O. Box 478
Coppell, Texas 75019
972-462-0022
Mr. Michael Binder
Project Manager
PSINet, Inc.
5 l0 Huntmar Park Drive
Hemdon, VA 20170-5100
Dear Mike:
This letter is to inform you that on Wednesday, May .3
Development Committee, an advisory group to the City Cou
for a five-year, 75% tax abatement for the 80,000 square fi
Crestside Drive. As you know, due to the size of the abatem~
support of Coppell through community service ventures, s
Commerce membership, participation in civic events, web
undertakings.
We will hold a Public Heating before City Council in either Ji
the designation of a tax abatement reinvestment zone for the a
land. I will notify you at least fourteen days prior to the Coun,
strongly support the abatement and investment zone, designati
the City to enter into future tax abatement agreements with PS
I enjoyed meeting you Wednesday evening, appreciated the 1
Committee, and your volunteered support of our communit
you have any questions regarding the process, please do no
304-3678.
bec: Ji~ ~itt
Chad Beach
Community Services
-d, the Coppell Economic
,cil, approved your request
,ot facility located at 1333
~nt, approval was subject to
ach as active Chamber of
rite assistance, and similar
me or early July to consider
>pmximate 6½-acre tract of
:iFs hearings. Although we
on of such does not commit
[Net, Inc.
:esentation you made to the
service activities. Should
hesitate to call us at (972)