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ST8504-CS 880715RIVERCHASE® OWNERS ASSOCIATIO'N, INC. 5944 Luther Lane Suite 502 Dallas, Texas 75225 (214) 691-5566 July 15, 1988 Mr. Richard Diano City of Coppell P. O. Box 478 Coppell, Texas 75019 Dear Mr. Diano: Enclosed please find a copy of the Declaration of Covenants, Conditions and Restrictions for Riverchase and other assorted documents that will help provide for you a comprehensive description of the duties and responsibilities of the Riverchase Owners Association, Inc. In particular, please refer to the Owners' Agreement attached to the Declaration as Exhibit "B". The Owners' Agreement is intended to evidence the obligation of the Riverchase Owners Association, Inc. to maintain common areas within Riverchase. You will find the definition of "common area" on Page 2 of the Declaration itself. The Owners' Agreement format should look familiar. Terra provided the form used by the City when it adopted its streetscape ordinance. The rights of the City with respect to maintenance of common areas are described on Page 3 of the Owners' Agreement. If you have any questions, or if you would like to discuss this matter further. Please give me a call. Thank you. Sincerely, RIVERCHASE OWNERS ASSOCIATION, INC. JP/sal