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Riverchase(3)-CS 95111504/22 '96 08:45 ID:REPUBLIC PROPERTY GROUP FAX:l-214-691-4023 PAGE 3 RI~PUBLIC PROPERTY GROUP, l~C. Hovember 15, 1995 ]~'. Steve Parsons !~ Development Group S9~ ~n~on Tap ~ad C~ll, Texas ~5019 ~ S~eve ~ ~ has ~een a ~n~h o~ so since ~ d~scussed ~our c~ea~ng a ~ h~MO~ers assoc~a~iOfl to~ ~he Ho~hlake ~oodlands home~e~s ~ho ~e Ri~e:~hase ~e~s ~socla~ion v~ll ~eloase ~hose homeo~e~s ~ho are ~rren~ on ~he~ accounts and vho signed the ne~essa~ do~en~s ~o loin your association. ~e new mssoc~ation ~uld then discharge the res~nsib~l[t[es oi Rivecchase ~s ~aoc~at~on to maZntain the ~st s2~ et ~c~thu~ Boulev~d in the ~orthlake ~ood~ands a~em, ~nc~uding the landscap~nq~ irr[gatLon and maso~ screening walls and ent~ays. Our qoal was ~o have this ~eorganizat~on complete by the end of chis year, so that both associations could make their cespective assessments on Janua~ 1; 1996. ~ you know, the Ci~y Council resolution ~assed on June 13, 1995 ~rovided =ha~ ~he City ~uld ~ln=ain ~he median and envLsioned ~ha~ o~ asso=ia~io~ or 1Shriekers ~uld main=ai~ our respec=ive s~des of ~c~=hur Boulevard. The ~urpose o~ ~his leu=er Is ~o r~m~nd ~ou =ha= =his uask needs ~o be a~essed. We s=and =eady ~o coo~era~e wi=h you In ~rkiflg =~ough the ~e=alls. Since uhe holidays ~e u~on us, we should ~rob~ly move aheid a~ full speed. Please le~ me know w~a= ~ can do. ~ shall awaiu your call. Kindes= regards. Sincerely ~u~ - ./// ~ ~~ ""