HomeMy WebLinkAboutC1985-7455 - 3/25/198502:037.02
AGREEMENT
THE STATE OF TEXAS §
KNOW ALL BY THESE PRESENTS:
COUNTY OF NUECES §
THIS AGREEMENT is entered into between the City of Corpus
Christi, hereinafter called "City ", and the Padre Isles Property Owners
Association, Inc., hereinafter called "Association ".
WHEREAS, the Association is interested in improving the aesthetic
value of certain streets within the Padre Isles Subdivision located in the
City; and
NOW, THEREFORE, the City and Association agree as follows:
1. The Association will make landscaping improvements in
certain street medians for and on behalf of the City on Whitecap Boulevard
and Commodores Drive which are located in the Padre Isles Subdivision. The
improvements will be made in accordance with the plans and specifications
approved by the Parks and Recreation Department. This Agreement shall be
null and void should the landscaping improvements not be carried out within
six (6) months from the date of this Agreement or as set out in the
approved plans and specifications or any change therein approved in writing
by the Parks and Recreation Department. The Association agrees to pay a
minimum of Forty -five thousand dollars ($45,000), toward the above
described landscaping costs as shown on the attached landscaping cost
estimate, marked as Exhibit "A ", and map, marked as Exhibit "B ".
2. The City agrees to reimburse the Association an amount not
to exceed $15,000. The City's payment to the Association will be made
based on invoices for work completed.
3. The Association agrees to be responsible for the maintenance
of the above - described landscaping in perpetuity and agrees to maintain
such landscaping in accordance with directives from the Parks and
Recreation Department.
4. The Association agrees to indemnify the City against any
claims arising as a result of this project.
5. The Association further agrees, in compliance with City of
Corpus Christi Ordinance No. 17112, to complete, as part of this Agreement,
the disclosure of Ownership Interests form attached hereto and labeled
"EXHIBIT C ".
'02;037.02
6. This Agreement shall become effective and shall be binding
upon and shall inure to the benefit of the parties hereto and their
respective heirs, successors and assigns from and after the date of
execution.
EXECUTED IN DUPLICATE, this the Vfk day of /� /�t2crf
ATTEST:
Acting City I reWary
APPROVED:
19� ,
� J. BRUCE AYCOCK, CITY ORNEY —
7
By:
Assistant City Attorney
APPROVED:
By
W. Thomas Utter
Assistant City Manager
THE STATE OF TEXAS §
COUNTY OF NUECES
THE CITY OF CORPUS CHRISTI
By F" �' 6a GC I� J
FdQa-rd-A.-Martin, City Manager
PADRE ISLES PROPERTY OWNERS
ASSOCIATION, INC.
BY,
L. A. Ni o oric
Executive Coordinator
:,../01,T AWH0RIZLL
SY COUNCIL_ — :i9-4/
ACiu1G SEC ARY Ate
This instrument was acknowledged before me on this day of
19,Y,5- by Edward A. Martin as City Manager o the City
of Corpus Chysti , Texas.
zzg ",
Notary rTM§,---9tatd,-of Texas
My Commission expires: ! 'l-47J
02:037.02
THE STATE OF TEXAS §
COUNTY OF NUECES §
This instrument was acknowledged before me on this q day of
�—,
19B.5__ by L. A. Nikoloric as Executive Coor inator of
Pa re s esl Property Owners Association.
Notary Pd blic, State of lexas
My Commission expires: