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Riverview Estates-CS 971217The City With A Beautiful Future P.O. Box 478 Coppell, Texas 75019 214-462-0022 Decemnber 17, 1997 Donald B. ~s Huffines & Partners, Inc. 8222 Douglas Avenue, Suite 660 Dallas, Texas 75225 This lettex is written as a follow-up to cost infommffon provided frcan CCM Fmgimxa-ing concemi~ the extension of Glade Point Drive within the Eagle Point Subdivisica~ In June, 1993 City Council approved an escrow agreement with the developers of Eagle Point Subdivision for the construction of Glade Point Drive within Eagle Point Subdivision. That escrow agxeement included: 68 LF saweut remove concrete paving ~ $10 70 CY of excavation ~ $1.25 2.8 tom lime ~ $75 189 SY stabilized subgrade ~ $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 Tcxnmy Canslor 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 stabiliz~ subsradc (~, $1.20 169 SY concrete paving $16.26 Total $ 700.00 $ 570.0o $ 258.0O $ 222.00 $2,747.94 ~4,497.94 Because the above are the only items that Council considered for this escrow agreement, a check in the amount of $4,497.94 will be prodded in the near future. Per the escrow agreement, the balance of $53.03 is being refimded to the Eagle Point Devdopment Limited. If you should have any questions please feel free to ~ this office at your convenimce. Sin~. ly, _~. Director of Engineering and Public Works