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Eagle Point-CS 930507The City With A Beautiful Future P.O. Box 478 Coppell, Texas 75019 214-462-O022 May 7, 1993 Mr. Jerry Ragsdale Republic Property Group Inc. 8440 Walnut Hill Lane 8th Floor Lock Box 3 Dallas, TX 75231 RE: Eagle Point Village at Riverchase (Glade Point Drive Construction) Dear Mr. Ragsdale: I have received and reviewed your request to escrow the funds for the future construction of Glade Point Drive. The draft copy of the escrow agreement you submitted has been forwarded to our City Attorney's office. Our City Attorney has responded that he has no problem with the concept or the content of the escrow agreement. Therefore, I would recommend that you finalize the escrow agreement and provide a signed copy along with the check in the amount of $3,658.66 to the City of Coppell. Both the agreement and the check will be required prior to final acceptance of the Eagle Point Village Subdivision. Also, the agreement will need approval from the City Council. The next City Council meeting is May 25, 1993. To be on that agenda, I need the finalized agreement on or before May 14, 1993. If you can not make that date please submit it prior to May 28, 1993, so it can be placed on the June 8th, 1993 City Council agenda. If you should have any questions concerning this please feel free to contact me at your convenience. Sincerely, Kenneth M. Griffin, P.E. City Engineer file/develop/eglptvlg.ltr