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HomeMy WebLinkAboutC2022-258 - 12/21/2022 - NA DEFERMENT AGREEMENT STATE OF TEXAS § COUNTY OF NUECES § This deferment agreement ("Agreement") is entered into between the City of Corpus Christi ("City"). a Texas home-rule municipality, and CRP/AR PROSE YORKTOWN OWNER. L.P., a Delaware limited partnership ("Developer"), in order to defer the completion of certain required public improvements prior to recording the final plat of Flour Bluff and Encinal Farm and Garden Tracts Block 21, Lots 14-C and 15-B (the "Plat"). A copy of the Plat is attached and incorporated by reference into this Agreement as Exhibit 1. WHEREAS, the Developer is obligated under Section 8.1 of the Unified Development Code ("UDC") to construct the required public improvements before the final Plat is endorsed by the City's City Engineer or Development Services Engineer, as applicable ("City Engineer"); WHEREAS, the Developer is seeking to delay the construction of the required public improvements ("Deferred Improvements") shown in Exhibit 2, which exhibit is attached and incorporated by reference into this Agreement, and to have the Plat filed immediately with the County Clerk of Nueces County, Texas; WHEREAS, in order to have the Plat filed prior to completion of the Deferred Improvements, the Developer agrees to deposit with the City a form of pre-approved financial security authorized by Section 3.30.1 of the UDC in the amount representing 110% of the estimated cost of constructing the Deferred Improvements as shown in the cost estimate, which cost estimate is attached and incorporated by reference into this Agreement as Exhibit 3; WHEREAS, water and sewer service are available to serve the subdivision, and the Developer has completed all other subdivision requirements. park dedications, park deferment agreements, maintenance agreements, and all special covenants; WHEREAS, the Assistant City Manager and City Attorney have both approved this transaction: and WHEREAS, the Developer is entering into this Agreement pursuant to Section 8.1.10 of the UDC in order to defer construction and record the final Plat. NOW, THEREFORE, for the consideration set forth in this Agreement. the City and Developer agree as follows: Standard Form Deferment Agreement 10/8/2021 BB Page 1 of 9 SCANNED 1. Preamble. The preamble to this Agreement is included as substantive content in this instrument and upon which both parties to this Agreement have relied and will continue to rely during the term of this Agreement. 2. Consideration. In consideration of the Developer's request to enter into this Agreement and the posting of approved financial security, the City agrees to waive the requirement that construction of the Deferred Improvements be completed before the final Plat is endorsed by the City Engineer and filed for record with the County Clerk of Nueces County, and City further agrees to allow the Developer to delay construction of the Deferred Improvements per the terms of this agreement. 3. Financial Security. As a condition of this Agreement, the Developer agrees to deposit with the City $532,755.00, as a form of financial security authorized in Section 3.30.1 of the UDC, upon execution of this Agreement or before the filing of the Plat. The financial security must provide for 110% of the estimated cost of constructing the required Deferred Improvements, as those costs are shown in Exhibit 3. The City Engineer will not endorse a plat until the financial security is deposited with the City. The Developer acknowledges and specifically agrees that, in the event the financial security required by this Agreement has not been deposited with the City before the filing of the Plat in the official public records of Nueces County, this Agreement is NULL AND VOID WITHOUT ANY NOTICE OR FURTHER ACTION REQUIRED BY EITHER PARTY. 4. Improvement Completion. Deferred Improvements are to be completed in conformance with City's engineering Standards within 12 months from the execution of this Agreement. 5. Letter of Credit. If a letter of credit is utilized as financial security under this Agreement, the content of the irrevocable letter of credit must be pre-approved by the City's Director of Financial Services ("Finance Director") and City Attorney, be issued by a banking institution having a local branch office within the State of Texas (Corpus Christi location preferred), be valid for a period of twelve (12) months from the date of issuance or longer, and require, as sole documentation for payment, a statement in writing from the City's Assistant City Manager setting forth (i) the circumstances of default giving rise to the draft or (ii) the Developer's failure to furnish proof of renewal not less than thirty (30) days prior to the expiration of the then current letter of credit [see the section below regarding renewal]. and accompanied by a properly drawn draft not to exceed the face value of the letter of credit. Standard Form Deferment Agreement 10/8/2021 BB Page 2 of 9 6. Letter of Credit renewal. If the form of financial security is a letter of credit, the Developer must ensure that the letter of credit is kept valid at all times. The letter of credit must be renewed by the Developer before expiration, and proof of such renewal must be received by the City at least thirty (30) days prior to the expiration of the then current letter of credit. If timely renewal is not received by the City, or cash in lieu thereof is not deposited as financial security with the City, the City may, after ten (10) days prior written notice to the Developer, call (redeem) the letter of credit for failure to timely renew. If the letter of credit is called for failure to timely renew, the funds will be held in an account as if cash had been posted by the Developer for this Agreement in lieu of the letter of credit. The City shall not be liable for interest on any letter of credit so called nor shall the City be liable to the Developer for the accrual or payment of interest on any type of financial security posted by the Developer pursuant to this Agreement. 7. Alternate Financial Security. In accordance with the provisions set out in Section 3.30.1 of the UDC, as it may be amended, the City may accept other types of financial guarantees for deferment agreements subject to the approval of the Finance Director and the City Attorney. In the event the Developer desires to use and the City agrees to accept an alternate form of financial guarantee other than a cash deposit or an irrevocable letter of credit as security for this Agreement, such other security- specific financial guarantee's terms and conditions pertaining to issuance, redemption, restrictions, limitations, and use as made be made subject to this Agreement shall be as further set out in an addendum to this Agreement, which addendum is to be attached to this Agreement and the content incorporated by reference into this Agreement as "Addendum A." The parties agree that, should there be, by the attachment and incorporation of Addendum A to this Agreement, any conflict in the terms, conditions, or requirements stated in this Agreement (including its exhibits) and Addendum A, the provisions of Addendum A take precedence over conflicting terms in the Agreement and its exhibits. All other provisions in the Agreement (and its exhibits) not in conflict with Addendum A control otherwise by agreement of the parties. 8. Financial Security Modification. In accordance with Section 8.1.10.B of the UDC, an increase in financial security from the Developer may be required on an annual basis if the City deems itself, in the sole discretion of the City, insecure as to the prospect of payment or performance on a demonstrated reasonable basis or it reasonably determines that the financial security does not provide for 110% coverage of the estimated construction costs. 9. Time is of the Essence. Time is of the essence in the performance of this Agreement. 10. Improvements Approval. Standard Form Deferment Agreement 10/8/2021 BB Page 3 of 9 Detailed construction drawings must be provided by the Developer and approved by the City's Departments of Development Services and Engineering prior to the start of construction of the Deferred Improvements. 11. Improvements Construction Standards. The Developer shall construct the Deferred Improvements in accordance with the City's engineering standards in effect at the time of construction and in accordance with the construction drawings approved by the City departments pursuant to the section above. 12. Acceptance of Improvements. Upon completion of the Deferred Improvements by the Developer as verified by the Assistant City Manager and Director of Development Services and within the time period stated in section 4 of this Agreement, acceptance of the Deferred Improvements by the City Engineer, and compliance by the Developer with the remaining terms of the Agreement, the City Engineer shall: a. Immediately release the Developer from the obligations to construct the Deferred Improvements by mailing a release letter to Developer at the address shown above Developer's signature line in this Agreement. b. Return to the Developer within sixty (60) days of the completion of the construction of the Deferred Improvements and settlement of the actual construction costs, or within sixty (60) days of acceptance of the Deferred Improvements by the City, whichever is later, any balance remaining of all monies received by the City from the Developer. 13. Warranty. Developer fully warranties the workmanship of and function of the Deferred Improvements and the construction thereof for a period of two years for streets, curbs, gutters, and sidewalks and one year for all other improvements from and after the date of acceptance of the improvements by the City Engineer. 14. Default (failure to construct improvements). If the Developer has not begun construction of the Deferred Improvements at least thirty (30) days prior to the completion date stated in section 4 of this Agreement, the Developer agrees that the City, after notice in writing to the Developer, may accelerate payment or performance or require additional financial security when the City deems itself at risk as to the prospect of performance or payment based on a demonstrated reasonable basis. In addition, if the Developer defaults and fails to deposit any increased security after notice and an opportunity to cure, the City may transfer the cash funds received or call (redeem) the letter of credit and transfer the funds (if the financial security provided was in the form of a letter of credit) to the appropriate City account, and the City may begin completion of the construction of the Deferred Improvements. If City constructs all or any part of the required Deferred Standard Form Deferment Agreement 10/8/2021 BB Page 4 of 9 I Improvements, the Developer shall reimburse the City for any additional costs related to completion of the Deferred Improvements within thirty (30) days after the City completes the required Deferred Improvements and invoices the Developer if the funds on account prove inadequate for the City to complete the Deferred Improvements. 15. Notice. Unless otherwise stated in this Agreement, any notice required or permitted to be given by either party shall be in writing and must be given by personal delivery, fax, or certified mail, return receipt requested, postage prepaid, and notice is deemed sufficiently given if addressed to the appropriate party at the address shown for the party in the signature block of this Agreement or faxed to the fax phone number shown in the signature block for the party. Any party may, by notice to the other in accordance with the provisions of this section, specify a different address or addressee for notice purposes. 16. Default Notice. If Developer defaults in any of its covenants or obligations under this Agreement [excluding failure to timely renew a letter of credit, post additional security, or as may be made applicable by Addendum A, for which the default provisions are separately addressed in this document], the City Engineer shall send written notice to the Developer [(and may send notice to the Developer's project engineer ("Project Engineer"), if such address is known by the City] by certified mail, return receipt requested, advising the Developer of the default and giving the Developer thirty (30) days from date of receipt of the notice letter to cure the default. If the Developer fails to cure the default after receipt of notice and opportunity to cure, the City Engineer may transfer any funds received to the appropriate fund of the City in order to complete the Deferred Improvements. In the event there are any funds received by the City from the Developer remaining after the City has completed construction of the Deferred Improvements, the excess funds will be refunded to the Developer within sixty (60) days of the completion of construction of the Deferred Improvements and settlement of the actual construction costs. 17. Plat Vacation. The City and Developer agree that, if the Developer formally vacates the current Plat with approval of the Planning Commission prior to the deadline for completion of construction of the Deferred Improvements, any money received by the City from the Developer remaining on deposit will be released and immediately returned to the Developer. 18. Certificate of Occupancy. The City reserves the right not to issue certificates of occupancy for all or any portion of the real property that is the subject of the Plat until the Deferred Improvements are constructed, installed in working order, and accepted by the Standard Form Deferment Agreement 10/8/2021 BB Page 5 of 9 City Engineer in accordance with the provisions of this Agreement. 19. Assignment. No party may assign this Agreement or any rights under this Agreement without the prior written approval of the other party and by amendment to this Agreement. 20. Covenant Running with the Land. By execution of this Agreement, the Developer covenants to construct the Deferred Improvements required by this Agreement, and this covenant shall be a covenant running with the land. The City, at the Developer's expense, shall file for record this Agreement in the official public records of Nueces County. 21. Modifications. With the exception of Addendum A made applicable pursuant to section 7, no changes or modifications to this Agreement may be made, nor any provisions waived, unless the change or modification is made in writing and signed by persons authorized to sign agreements on behalf of each party. 22. Severability. If, for any reason, any section, paragraph, subdivision, clause, provision, phrase, or word of this Agreement or the application thereof to any person or circum- stance is, to any extent, held illegal, invalid, or unenforceable under present or future law or by a final judgment of a court of competent jurisdiction, then the remainder of this Agreement, or the application of said term or provision to persons or circumstances other than those as to which it is held illegal, invalid, or unenforceable, will not be affected thereby, for it is the definite intent of the parties to this Agreement that every section, paragraph, subdivision, clause, provision, phrase, or word of this Agreement be given full force and effect for its purpose. 23. Disclosure of Interest. The Developer shall, in compliance with Section 2-349 of the City's Code of Ordinances, complete the City's Disclosure of Interests form, which is attached to this Agreement as Exhibit 4, the contents of which, as a completed form, are incorporated in this Agreement by reference as if fully set out here in its entirety. 24. Compliance with Laws. The Developer shall comply with all federal, State, and local laws, regulations, and rules applicable to performance of this Agreement. 25. Governing Law and Venue. This Agreement shall be construed under and in accordance with the laws of the State of Texas. and all obligations of the parties created pursuant to this Agreement are performable in Nueces County, Texas. Venue for all actions arising from or pursuant to this Agreement shall be brought in Nueces County, Standard Form Deferment Agreement 10/8/2021 BB Page 6 of 9 Texas. 26. Strict Performance. Strict performance of the provisions of this Agreement by the Developer is required by the City as a condition of this Agreement. The Developer specifically acknowledges and agrees that failure by the Developer to adhere or comply with any term, condition, or requirement of this Agreement constitutes a default of this Agreement. 27. Authority to Act. All signatories to this Agreement warrant and guarantee that they have the authority to act on behalf of the person or entity represented and make this Agreement binding and enforceable by their signature. 28. Effective Date. This Agreement executed in one original document. This Agreement becomes effective and is binding upon and inures to the benefit of the City and Developer and their successors and assigns from and after the date the Agreement has been executed by all signatories. Attached and incorporated by reference into this Agreement: Exhibit 1 — Plat Exhibit 2 — Required Public Improvements Exhibit 3 — Cost Estimate Exhibit 4 — Disclosure of Interests Addendum A — if applicable pursuant to section 7. Standard Form Deferment Agreement 10/8/2021 BB Page 7 of 9 CRP/AR PROSE YORKTOWN OWNER, L.P., a Delaware limited partnership 820 Gessner#1000 Houston, TX 77024 Fax: (713) 599-0284 CRP/AR PROSE YORKTOWN OWNER, L.P., a Delaware limited partnership By: CRP/AR Prose Yorktown GP, L.L.C., a Delaware limited liability company, its general partner By: CRP/AR Prose Yorktown Venture, L.L.C.; a Delaware limited liability company. its sole member By: Prose Yorktown Alliance, LLC, a Delaware limited liability company, its administrative member David Adame, Member THE STATE OF TEXAS § COUNTY OF HARRIS This instrument was acknowledged before me on December 14, 2022 , 2022, by David Adame, Member of CRP/AR PROSE YORKTOWN OWNER, L.P., a Delaware limited partnership, CRP/AR Prose Yorktown GP, L.L.C., a Delaware limited liability company, its general partner, CRP/AR Prose Yorktown Venture, L.L.C., a Delaware limited liability company, its sole member, Prose Yorktown Alliance, LLC, a Delaware limited liability company, its administrative member. GLAIR CAROL BUCHANAN iy /� 4f-s� �-Z,%__sa Notary IO#12066747 My Commission Expires Notary Public's Signature ''r�F May 15,2024 _ _ _ _ _ _ _. Blair Carol Buchanan I Standard Form Deferment Agreement 10/8/2021 BB Page 9 of 9 2 Sir EXECUTED IN ONE ORIGINAL this I 1 day of ClkattiW2022. CITY OF CORPUS CHRISTI P. O. Box 9277 Corpus Christi, TX 78469-9277 (361) 826-3240 Office (361) 826 ' 8 Fax r ,' f I / ., , Arse . Ra and III, Direc or of ►evelopment Services "aYP''' JOANN SALINAS THE STATE OF TEXAS § '_.* =Notary Public,State of Texas N; oF, �'� Comm.Expires 03-02-2026 § Notary ID 133621810 COUNTY OF NUECES § This instrument was acknowledged before me on pek.Qiw.1ta.e,^ Q L , 2022, by Al Raymond III, AIA, CBO, Director of Development Service for the City of Corpus Christi, Texas. 7 - r\.....-. n No ry Public's Signature Approved to Legal Form: 1 Z-2 i-ZZ LAC}\ . Buck Brice Assistant City Attorney Standard Form Deferment Agreement 10/8/2021 BB Page 8 of 9 i Exhibit 1 Plat Caws Na.. Gin star R Notes 1 - 1 Total dotted area cmtons,9.32 Aaea o/lon0.(NO,.Slrett Deetica'an) I. pial Bgnga nal Oslo.**shown neren a<refirnced to I.<Teras Goading, SYeam 1 14-)10 \ a 1983. Texas Soule Zone 4205. and ore based n Int Nath American Datum of 2 The receding mater kr Ine storm 00ter rvM///ran(P.O Properly is tine Oso Bey. The 7CE0 nos 1983(2011)(path 20,000. ` /� doss:.4 the oquak tee uu la the Dao Boy as-e.owt,ewr and'oyster-alae.the T(E0 also E !/ S rte <al.gw:led the receWy mold ora <nto,l raeeaal�o, use. 2. EOialnq flood YW'. BY 9'wnk polnq my tn:a properly b current',n 2nd Y of 0€ / the Flood Mwrnet Bolt Mw(FIRM).Community Pine,Number 485494 0520 D.Nooses p r rewaw•on.... 3. The yard regoierement.500 as depicted is 0 reeurennl of the Unine0 D<rewmenl Coda Cod Is slAjrct County,leas,*end,bead revised dale of June 4.1987 0 d 1s not located n a , y M1 [ eF.a�,i to change as the ming"soy chops. 5,0,101 flood Nosed Area But tes9ng FAN Pan. 485494 0520 0 0 board n tea G8 7 D-1_..s. 4 I/ t s open apace regaallon N be Ibhnd Ceodah<Vetoed Datum of 0929(NGYD). ® '^ fly to o d.Mw.d m�tn r.tidenlid u cn.poM<wen the dI n repuved*Ong Ine Wading permit no. se 3. PrOvowd road Map: This propel Is proposed to le wane Zama-Y0 or Ine Flag sNueonce Rate Mop (MM), Canmun0. Pone, Number 48355005200. Nu Coaly, \i:��1 '.. /mD Pesos. which bode 0 warennory dote of May 30. 2018 The ProposedMuPone, �, `Y em CState et oaty a+w•ta 48355(05200 05 00.04 n the Nath A0<rkn 00,Tcd Datum 0 1988(NA5080). ._- • 0 I< p Cula/sR raw r m 0.w.L o Defame,0µb 0 05 0 Plat of ISN County.II fl I I owner Of la I4-CCt a IOM:t� nod w mem.and My,Tsxas MAMOMad e'na,m`11'to w 0.calk wane•: oCay of Corpus CMisG Cornton Mop:8.1.5. �Ienle ,..aa.pre mad. I.w w,ee a 0500 4.00,10. Flour Bluff and Encinal ,.._40,a----10__- Farm and Garden Tracts By CRP/.R CO.,roma..Otos,LP.a Dean•000.0 mem.. Block 21.Lots 14-C and 15-B By PO/.R Pma0. a.m.L lG.a...are Ynn.<MOS,'0-oat. vs pm0ea wtranne y- being o Re-yea of lot 14-8 Section 21, four pull nal Cecina farm oral Gorden Tracts,o map of said,i4 rsadld.1 Stare o/Te,0, Br vP.444 some.."room L.CC..o D.k.„*Ir,na,dealer,ra00050 t 'Vane J2, Page 164, Mop Ro oeds of Myeces Co.aty, leans Corer a Wer.* o. is oto,0 .on,..U.C.a Ddo-e•Y..I•e nae r aroa^r. and l0/15-A, Semen 21,new 81 1 old(00ace form dmf n o r:aal pet a Mee.ween aex.i0e or oven,moa o000.e0 to m.0epon,a.nl a Dewapmr.0 its 0005,50000.nerve order.Patsmop0 mof.Moa,0 recorded h Volume 54 Pop. a Bermes CM 00 Cas Cann,.1errs 28,Mop Rotted,of 14.48.e0 C.0(0)0 Tem By.847�. .. __-__ Sem.aI 44 TI:.IM de/a .10 Geooly et Ito., Ry- Comm5•5 Stamm.LLC.a 15,00 Lee's.L1Orny Ca^Pa,I.^-e•.90 col,*I et.e cyvs ewamt Wm. 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Q I I m r, R / g ` . .k o1s i g.2 - :88$ n _ : i o " 214:2s 3_, "i "ix . 5 ia�V_ �3 "sgs$ ` R1 rr- 3: ied ^. .� ^, °g i ii: Iii;Zi I m * �' n 5 Wit,' 'i' o7S6 ;1 ^o. g" r F °',14 1.6.5- i�i m- i i.lt•A Asi n Cr-IwI. :; 8' �O b�q°-s =a3g;z gfi tig F i It: -• 4 Yim'1 0 ¢� i '" r11 53 i5 1-3 pi ...1` r.eN xZ ;033 3 it 111131 illXRIO iii li; it E _ No g : 91132 44 : t i' .i 4 1 { — — 6 44 OFFSITE YORKTOWN ' ' 11 51I BOULEVARD (ALLIANCE) A : ' Er 11$634 i , C s CITY of CORPUS CHRISTI (J ,o,°,/,,,, T t`' 41 LEFT TURN DETAILS TEXAS """• t, n A: °" Department o/Engineering Services ��`r Exhibit 3 Cost Estimate LANGAN PROSE YORKTOWN-SANITARY SEWER EXTENSION AND LIFT STATION OPINION OF PROBABLE COST SITE WORK CONSTRUCTION City of Corpus Christi,Nueces County,Texas 9/20/2022 DESCRIPTION OF ITEM QUANTITY UNIT COST TOTAL COST I. Offsite Sanitary Sewer Extension 1 Mobilization(7%of Construction Cost) 1 LS $ 17,000.00 $ 17,000 2 Construction Staking(2.5%of Construction Cost) 1 LS $ 6,000.00 $ 6,000 3 Erosion Control 12%of Construction Cost) 1 LS $ 5,000.00 $ 5,000 4 12'PVC Sanitary Sewer(SDR 26) 1,931 LF $ 100.00 $ 193,100 5 12'Diameter Sanitary Sewer Manhole(Extra Depth) 6 VF $ 6,000.00 $ 36,000 6 Trench Excavation Protection(>5'Deep) 1,931 LF $ 5.00 $ 9,655 7 Contingency(15%of Construction Cost) 1 LS $ 36,000.00 $ 36,000 SUBTOTAL S 302,755 II. Onsite Sanitary Lift Station 1 Sanitary Lift Station 1 LS $ 200,000.00 $ 200.000 2 Contingency(15%of Construction Cost) 1 LS $ 30,000.00 $ 30,000 SUBTOTAL S 230,000 TOTAL S 532,755 NOTES: 1.This estimate is an approximate cost of construction and reflects available cost information for construction located in central Texas. 2.This Engineer's estimate represents an opinion of the probable costs of construction,within a reasonable degree of certainty.This estimate does not guarantee the cost of labor, material,or equipment, nor the means, methods and procedures of the Contractor's work as determined by the Contractor and/or Owner,nor the competitive bidding submissions. 3.This estimate of probable construction cost based on our experience and qualifications as an engineer and shall be deemed to represent our opinion and judgment. This estimate cannot and does not guarantee that proposals,bids or actual costs will be the same as or within any specific percentage of this estimate of probable construction cost. rz {WALTER K BOcnus ; 34 ,J 09-20-2022 ''r 1Vangan.comldatalHOUldata5151005850tlProject Datat_DrsciplineiSite CiviACost EstimatestProse Yorktown Cost Estimate Page 1 of 1 Exhibit 4 Disclosure of Interests opus c�y�.,. '8.X•-I' ' f_' " bk gym' DISCLOSURE OF INTERESTS .,..,___I_06--ir a : h ,Jz' ; Development Services Department 2406 Leopard St.Corpus Christi,TX 78408 I Phone:361.826.3240 I platapplication@cctexas.com City of Corpus Christi Ordinance 17112, as amended, requires all persons or firms seeking to do business with the City to provide the following information. Every question must be answered. If the question is not applicable, answer with"NA". NAME: CRP/AR PROSE YORKTOWN OWNER, L.P. STREET: 820 Gessner#1000 CITY: Houston zip: 77024 FIRM is: El Corporation [1 Partnership ❑Sole Owner ❑Association [' Other DISCLOSURE QUESTIONS If additional space is necessary, please use the reverse side of this page or attach separate sheet. 1. State the names of each "employee" of the City of Corpus Christi having an "ownership interest" constituting 3% or more of the ownership in the above named "firm". Name Job Title and City Department(if known) NA NA NA NA 2. State the names of each "official" of the City of Corpus Christi having an "ownership interest" constituting 3% or more of the ownership in the above named "firm". Name Title NA NA NA NA 3. State the names of each "board member" of the City of Corpus Christi having an "ownership interest" constituting 3%or more of the ownership in the above named "firm". Name Board, Commission, or Committee NA NA NA NA 4. State the names of each employee or officer of a"consultant" for the City of Corpus Christi who worked on any matter related to the subject of this contract and has an "ownership interest" constituting 3% or more of the ownership in the above named "firm". Name Consultant NA NA NA NA CERTIFICATE (To Be Notarized) I certify that all information provided is true and correct as of the date of this statement, that I have not knowingly withheld disclosure of any information requested; and that supplemental statements will be promptly submitted to the City of Corpus Christi,Texas as changes occur. Certifying Person: David Adame Title: Member (Print) CRP/AR PROSE YORKTOWN OWNER,LP.,by CRP/AR Prose Yorktown GP,LLC, by CRP/AR Prose Yorktown Venture,LLL,by Prose Yorktown Alliance,LLC Signature of Certifying Person: ..„( e,�,9r- Date: September J , 2022 Land Development Division I Form No.401' Revised 6/13/19 I Page 1 of 2 Goa.u s qs� DEFINITIONS v- -3-J Development Services Department P 2406 Leopard St.Corpus Christi,TX 78408 1 Phone:361.826.3240 I platapplication®cctexas.com a. "Board Member". A member of any board, commission or committee appointed by the City Council of the City of Corpus Christi,Texas. b. "Employee". Any person employed by the City of Corpus Christi, Texas, either on a full or part time basis, but not as an independent contractor. c. "Firm°. Any entity operated for economic gain, whether professional, industrial or commercial and whether established to produce or deal with a product or service, including but not limited to, entities operated in the form of sole proprietorship, as self-employed person, partnership, corporation, joint stock company, joint venture, receivership or trust and entities which,for purposes of taxation, are treated as non-profit organizations. d. "Official". The Mayor, members of the City Council, City Manager, Deputy City Manager, Assistant City Managers, Department and Division Heads and Municipal Court Judges of the City of Corpus Christi,Texas. e. "Ownership Interest". Legal or equitable interest, whether actually or constructively held, in a firm, including when such interest is held through an agent, trust, estate or holding entity. 'Constructively held" refers to holding or control established through voting trusts, proxies or special terms of venture or partnership agreements. f. "Consultant". Any person or firm, such as engineers and architects, hired by the City of Corpus Christi for the purpose of professional consultation and recommendation. STATE OF TEXAS } COUNTY OF HARRIS } BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on this day personally appeared V R'Irl6 A-?AWE the /A Neiii of Prose Yorktown Alliance, LLC, a Delaware limited liability company, authorized member of CPR/AR Prose Yorktown Venture, L.L.C., a Delaware limited liability company, sole member of CRP/AR Prose Yorktown GP, L.L.C., a Delaware limited liability company, general partner of CRP/AR Prose Yorktown Owner, L.P. a Delaware limited partnership, known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that ( he executed the same for the purposes and consideration therein expressed, in the capacity therein stated, and as the act and deed of said partnership. Given under my hand and seal of office this ' day of S rZ•01`$�'1-.— ,2022. w°y BLAIR CAROL.BUCHANAN Notary ID#12066747 ^�7- 7 My Commission Expires Notary Signature •••?,7.47 May 15,2024 OIT.‘ &1I �W/ /*' Name typed or printed ,t„(zt ty / 2a2y Commission Expires Land Development Division I Form No.4011 Revised 6/13/19 I Page 2 of 2 Nueces County Kara Sands Nueces County Clerk *VG-50-2023-2023000653* Instrument Number: 2023000653 Official Public Records AGREEMENT Recorded On: January 05, 2023 02:36 PM Number of Pages: 40 " Examined and Charged as Follows: " Total Recording: $173.00 0 0 STATE OF TEXAS 401fY COto>ii Nueces County *4 I hereby certify that this Instrument was filed in the File Number sequence on the date/time � y; printed hereon, and was duly recorded in the Official Records of Nueces County,Texas is *-1" QS % I 1 I Op UEcfS~�' Kara Sands G �;`1„ Nueces County Clerk K1A41-- iaif•c9/3-) Nueces County, TX ***********THIS PAGE IS PART OF THE INSTRUMENT*********** Any provision herein which restricts the Sale, Rental or use of the described REAL PROPERTY because of color or race is invalid and unenforceable under federal law. File Information: Record and Return To: Document Number: 2023000653 DEVELOPMENT SERVICES CITY OF CC Receipt Number: 20230105000119 2406 LEOPARD STREET Recorded Date/Time: January 05, 2023 02:36 PM User: Regina C CORPUS CHRISTI TX 78408 Station: CLERK01