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WA9302-CS 960617June 17, 1996 City of Coppell 732 Deforest Road Post Office Box 478 Coppell, TX 75019 E>tabli,hcd 1')29 PRECAST PRESTRESSED PREFERRED Natgun Corporation Precast Concrete Tanks Eleven Teal Road Wakefield, MA 01880-1223 Telephone 617-246-1133 Fax 617-245-3279 Reference: Coppell, TX 6.00 MG Water Storage Tank Dear Sir or Madam: In connection with the annual examination of our financial statements, our auditors, Michael K. Schaefer, CPA, would appreciate your reviewing the following statement of your account as shown by our records as of May 3 I, 1996: Total Contract Amount: Billing Through 5/31/96: Contract Remittance Through 5/31/96: Balance as 5/31/96: $2,809,305.00 $2,728,413.75 $2,461,533.46 $266,880.29 Amount Due: Total Retainage: Total Balance: $185,027.88 $81,852.41 $266,880.29 If the above statement is correct as of May 31, 1996, please sign in the space provided below. If this statement does not agree with your records, please explain the difference on the reverse side. A self-addressed envelop is enclosed for your direct reply to our auditors, Michael K. Schaefer, CPA, 185 Devonshire Street, Boston, Massachusetts 02110. My we add, this is not a request for payment, but merely an audit verification as of May 31, 1996. We thank you for your cooperation. RMD/~ Sincerely, Richard M. Davis Controller The a~,ve stateme 's. corrUct: SOUTHWEST OFFICE: N, IlDWEST OFFICE: NIID-ATLANTIC OFFICE: Date Suite 811, 8111 Preston Road, Dallas, TX 75225-63 16, Telephone 214-368-3306 Suite 211, 2610 Sheridan Road, Zion, IL 60099-2615, Telephone 708-872-8806 Suite 100, 3650 Winding Way, Newtown Square, PA 19073, Telephone 610-353-8315