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Riverchase(3)-CS 870312E R R A March 12, 1987 Mr. Ed Powell City of Coppell P.O. Box 478 Coppell, Texas 75019 Dear Ed: We would like to take this opportunity to update you on the progress of our Riverchase development. Enclosed is our latest brochure for your review. We are very proud of Riverchase and believe its many amenities will greatly enhance the City of Coppell. MacArthur Boulevard will be opening soon through Riverchase. We are in negotiations for completion of the golf course this year by an experienced golf course operator. Weather permitting, and at our current schedule, filling of Riverchase and completion of Riverchase Drive from MacArthur to the clubhouse site should be finished this year. We are excited that Riverchase development continues forward at a time when demand for single family homes is strong in Coppell. If you would like additional copies of our brochure or would like to discuss Riverchase further, please call me. Sincere 1~ / ~ __ ~e~~ Eric.