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Eagle Point-CS 971217 (2)~The City With A Beautiful Future Donald B. Hnfflnes Huffines & Partners, Inc. 8222 Douglas Avenue, Suite 660 Dallas, Texas 75225 P.O. Box 478 Coppell, Texas 75019 214-462-0022 December 17, 1997 This letter is written as a follow-up to cost information p~x)vided l~om CCM Engineering cmcerning the extension of Glade Point Drive within the I~=gi~. Point Subdivisiax In June, 1993 City Council approved an escrow agreanent with the developers of Eagle Point Subdivisiaa for the construction of Glade Point Drive within Eagle Point Subdivision. That escrow agreement includeck 68 LF sawcut remove concrete paving (~ $10 70 CY of excavation ~ $1.25 2.8 tons lime (~ $75 189 SY stabilized subgra~ ~ $1 176 SY concrete paving $14.16 Total $ 680.00 $ 87.50 $ 210.00 $189.00 $2,492.16 $3,658.66 With interest, that amount has now grown to $4,550.97. Based on information provided by Tanmy Caasler the cost on your project included: 70 LF sawcut remove concrete paving ~ $10 380 CY of excavation ~ $1.50 3.0 tons lime ~ $86 185 SY stabilized subgrade (~ $1.20 169 SY concrete paving $16.26 Total $ 700.00 $ 570.00 $ 258.00 $ 222.00 $2,747.94 $4,497.94 Because the above are the only items that Council considered for this escrow agreem~ a ~ in the amount of $4,497.94 will be pmvidod in th~ near future. Per the escrow agreemmt, the balanc~ of $53.03 is being rff~mded to the Eagle Point Devdopmeat Limit~ If you should have any questi~s please feel free to ccotact this office at your cctV. Sincere. ly, _.~. Director of Engineering and Public