Riverchase(3)-CS 95121304/22 '96 08:46 ID:REPUBLIC PROPERTY GROUP F~X:l-214-691-4023 PaGE 4
I:CEPUBLIC PROPERTY GROUP, INC.
Pr~k~rm, CEO
Oeee~er 13, 1995
M~. $r. eve Parsons
I~W Develo.oemnt Group
5~1 Denton Tap Road
Cellmll, ~exas 75019
D~ar St:eve z
The purpose of ~his le~er is ~.o confirm our ~elephone conversation
today regarding the Rlverchase Owners Association and =he new
associa~ion which you plan to c=eate for =he Not, blake Woodlands Hills
homeowners wes~ of Mac~=hur. As ~u may recall, a~ our reques= ~he
Compel1 Ci=y Council agreed =o maintain =he medi~ within =he Rlverchase
~re~. As a par~ of ~hat agreemem=, you are ~o crea~e a new homeo~ers
association for =he homeo~ers wes~ of Mac~hur and we agreed to
rele~s~ ~hose homeo~ers from our associa=lon when ~hey loin your
eseocia~lon. It was our goal ~o have ~his completed by the end of
T~e seems ~o be slipping away and I ~ concerned ~hat the
ho~o~ers in Not,blake Woodlamds Hills may become energized again.
E~ually ~or~an=, I feel as =hough we have an obliga~ion ~o ~he
ho~o~ers and =he Co~p~11 City Council =o follow through on our
c~i=menC. To ~ha~ end, I ~ again offering our se~ices a~d
coo~ration to assist you in ~hls regard. The following is an outline
of a suggested course of action~
1. You could use ~he c~ren~ Riverchase ~ers ~socia~lon
recorded Declaration as a ~o~at for ~ur o~ers associa=lon.
You s~ould, of course, ~ke any changes which migh= be
applicable ~o your area, ~lus any o=her items ~u mkght wash
change. For ex~ple, I ~ow you have ve~ specific ideas abou~
~chl~ec=ural con~rols. In any even~, ~ur la,er could use
=his fo~a~ for crea=ing a doc~en= ve~ quickly and
economically.
2. When ~ur new homeo~ers association doc~en~ is ready for
filing, we would conu~raneously make a filing in uhe deed
records in which (i) your homeo~ers associa=lon Is created,
~d (ii) our associa=ion Is ~ended ~o release =hose homeo~ers
~s= of Mac~=hur who have chosen ~o ]o~n your association. In
this ~nner, no homeo~er can escape ~ing a me,er of one of
~he u~ associa=ions. It ~s obvious =ha~ we do no~ wan~ ~o
h~ve an~ homeo~ers in our association residing wes~
~c~hur, bu~ =his is ~rely ~he incentive ~or =hose
homeo~ers =o Join your associanion.
a44i] ~%inut Hill Lane, ath Floor · Lock Box ~ · Oalbs, Texa~ 7S2Jl · (214) 373-~66 · Fas [214) 691-41)23
04/22 '96 08:46 ID:REPUBLIC PROPERTY GROUP FA×:1-214-691-4023 PAGE 5
Steve Parson8
Development Group
~ke~er 13, 1995
Two
3. You should consult with your lawyer, but it occurs to me that
the vehicle for your homeowners choosing to Join your new
association would be tho execution of a document (l)
recognizing the new association, and (ii) agreeing that their
property will become subject to the new homeowner assoc~ation
rules. This could be accomplishedbyhavingyour law, er draft
a document providing Just that. It could be a short form
document w~th blanks to be filled in wiuh =he names of each
property owner (exactly as it stands in the deed records)~
pro~r=y descr£p=lont and an acknowledgement.
4. We discussed the best method for energizing your homeowners to
get this accomplished as quickly as ~ossible. I am enclosing
cop~es of several let=ers which we have received over the last
=we years from residents residing An Not,blake Woodlands Hills.
The leader of ~he pack would appear ~o b~ Richard Singer, a
gentlemen who has been most unhappy and has written a number of
nasty letters ~o us. In one let=er he even ~ndicated he would
be willing to work w£=h you =o ge= the new association off ~he
ground. You might gave him a call =o get the ball rolling.
Steve, please let me know what we can do ~o help. If your lawyer
has any questions about ~he homeowners documents, we would be ha~py to
work wi~h him. We do need to move ahead·
Sincerely yours,
/
~ecl~uree
bcc: Jim
Mayor Tom Mor~on
Jerry Ra~sdale