Loading...
HomeMy WebLinkAboutC2006-616 - 6/13/2006 - ApprovedD~F~R~I~NT A~RE~~1E~1~`~-~ANI~"A~Y 5~~~~ AI~~ ~IVAT~R ~AC~ ~~'ATE ~F ~~~A~ ~ ~ ~~U~~ ~~ NUEC~S § Tl~i~ Ag~eemer~# ~~ enter~d ~n~o b~~~ve~n th~ ~it~of ~orpus ~hr~~tf, Tex~~ a~"~xas , h~~e rul~ m~n~~ip~lity, ~her~ir~~ft~~ "~~ty"} and ~.~.~', Navi atiQn-~arn~r~n ~.P a , , . , . ~ ~ t I~m~~e~ ~ar#ner~h~p autho~i~~~ #o ~~ bus~n~s~ ~n Tex~s, ~ereinaf#er"~~v~~o er" and , , ~ p }, p~rta~ns t~ deferra~ ot~h~ r~qurre~ ~orr~p~eti~n ~~~er~arn xm r~v~msnt~ r~ u~re~ r~orta ~~ ~ . , ~ q ~ ~~~~~g ~h~ fin~l plat ~f ~~ui~~t~~n Pa~nt~, Blo~~C ~, Lot ~ ~th~ " iat" , ~rY~ich ~v~~ a rQVed ~ , , ~ ~ p~ by t#~e Pl~nn~r~~ ~~mmMSS~on vn Augu~t ~~4, ~0~~, ,~ ~~ o~ #he ~a~ i~ at~ach~d ~nd .. ~l~ p ~~~or~a~~te~ ~~ E~ch~~~# ~~ VI~~~~~A~, fhe ~eve~~p~r i~ o~fig~~~d under ~~~tr~rr lfl, Para4-~ira h H~u~ ara~~^]~a{[~ IJh ~ 4 * + Y ~ ~ ~ ' z/ ^ , ~~ th~ ~~~~~i~l~ ~~~111~C~~~ ~0 ~~~i~~~'UC~ S~V~~1~~1-fIV~ ~~~`G~f1~ ~5~~~ ~f f ~1B ~'~ L~i~`~~ ~ ~ ~ ~r~p~o~r~mer~t~} be~ore t~~ final p~at i~ enda~sed by ~h~ ~i~y's D~r~~torof ~n in~eri~ S~~vi~~~. D~taiE , ' ~ ~ ~~ns~ru~t~~n ~ra~r~~gs r~u~t ~~ pravided ~y the ~ev~l~per and approv~d ~y~he ~ity'~ ~ep~rt~net~t~ o~ a~rr~lop~nent ~e~vi~~~ an~ ~n ine~rin ~iorto th~ ' ~ ~ ~ ~t~rt ~f cons~ruc~~o~; ~~~RE~~, t~e ~evelaperis ~e~k~~~ ta ~~~er, ~or a perio~ u#~ one ~~r the . ~ ~ i ~ ~ ! ~~nstruct~a~ of ~he o~f^s~~~ ~ 5'r~ch ~~r~~tary se~nr~r collecti~n ~ir~~ ~lan th~ north si~~ ~f Bat~~ ~ri ' ' ~ ve ~nd an of~ site 1~~~n~h ~ater ~rid ma~rr ~Iong t~e ~a~~ side af N~vi ~~io~ ~rvd, he~~ina~ " ~~ ~ ~ . ~ ~ ~~rthe d~f~r~~~ ~mprav~men~~ }, as sho~vn ~n ~xh~~i#~ ~ and ~ a~ r~quire~ b~r the ~i~y's Platti~g Or~ir~ar~~e; ~ ~II1~~~~A~, th~ ~evel~pe~ is s~~~in~ to h~ve ~he pl~t ~i~ed irr~n~e~~~~~f v~ith the C y ounty ~I~rk of Nueces ~~unfy, T~~~~, betar~ cample~r~r~ af ~~vent y~iv~ er~~nt l° ,, Y p ~~ lo~ of t~~ r~qu~r~d ~~proverr~~~t~ as r~qui~ed b}~ ~ec~i~n I~l, P~rag~~ ~ H, Su~ ara r~ h~ of~h ~ ~ . P ~ 9 ~ ~ ~ ~a~f~r~g ~~d~nanc~; ~VF~~~~A~, t~~ D~~el~p~r v~ill dep~sit, v~rifh ~he ~it ~f ~~r ~s ~hr~s~i a ~~t#~r ' . Y ~ , ~~ c~ed~t ~n the ~rna~nt of `~h~~~ Hun~r~~ and ~o~ky-~~ven Tho~s~n~ ~l~n~ Wun~red ~i ht 4 Thre~ Dol~a~s ~n . ~ , ~ Y ~~ 41~ ~~ ~~~47,98~, ~ 4}, ~~pr~se~f~~g ~ 10 lo of the ~st~mated co~t o~ ~anstruct~ng th~ ~~~err~d irr~provem~nt~, al! ~s ~ho~n ~n the att~ch~d ~~~f ~sti~a~~ wh~~h is atta~~~~ ~nd ~ncorpar~~e~ as ~xhibif 4; ~ 1~II~1~~~~~, the ~it~rAttorn~y~nd ~ir~c~~~of F`~r~~~c~ have a r~ve~ this f ~, p~ ran~~~~~~r~, ~I~~REA~, th~ D~velop~r ha~ sat~~fie~ al~ o~her subdivis~on ~e uir~men~s ark ~ . , . . , ~ :p ~(~fC~~l~f1~y ~ark ded~ca~,on d~fer~nent a~r~~rner~ts, an~ ~n~fn~~r~anc~ a r~~m~nts . ~ ~~1~ a1~ ~p~~~ai ~~venants h~v~ b~en ~ampl~t~d; 11VFf~~EA~, #h~ D~~e~~p~r ~s ~n~~~i~g~ ~~~~ th~s ~ef~rrnent A~~~~ent as r~ uir . ~ q ed ~y ~ect~an V, Par~graphA, Sub~ar~~~ap~ ~,~} of th~ P~~~~in~ Ordinance~ , ~O~G-~1G ~~1131~G ~age ~ a~ 6 NI~O~d-17b ~~T Na~iga~ran-~ame~r~n, LP NDV1t, ~~f~~~~~~~, fortl~~ co~si~~~a#ion ~et fo~h he~e~r~~f~e~, the ~it~ and Deve~oper ~~ree a~ fallor~~: ~~ Th~ ~it~r sha~l ~vai~re the req~~~~r~ent th~t ~onstruc~ion af ~h~ d~f~~red ~mprover~ent~ b~ ~~mpl~t~~ befo~e the fina~ p~a# is ~ndor~ed b~r the ~i~y'~ Dire~#or of En~in~erin~ ~e~vi~~~ ~nd ~~~~~ fa~ r~~~rd v~ith th~ ~ounty ~I~r~C a~ hlu~c~s Count~ an~ ~~rther agr~e~ #o a~lo~v th~ Dev~lope~ t~ def~r ~~nstr~~tion o~ ~h~ d~~~rred improv~rnents as ~h~~vn ~r~ ~xh~~~#s Z~nd ~, for u~ t~ ~ne {~} ye~~ ~ron~ ~h~ ~ate ofthis aefer~n~ntAg~~~ment~ ~. ~h~ Devela~~r ~h~ll d~p~si#, ~vith t~~ ~i~y of ~~rpu~ Chrisfi, a le~te~ o~ ~r~~it ~n ~he ~rnvunt of Thr~~ ~lu~dred and ~or~y-~$v~r~ Thousar~d N~r~e ~un~re~ ~ighty, Thr~~ Dof~~~s an~ ~ ~I~ ~0 ~~~41,~~~. ~ ~} as ~ho~rn i~ ~xhib~# ~~ bef~~e the A~~~er~~nt i~ appr~v~d ~y ~o~rncrl, for ~ ~ 0~1~ ~~ ~~~ ~~t+r~~te~ co~t ~f ~o~~~ructing t~~ d~f~r~~d i~nprov~n~~nts. 3. Th~ ~~v~fo~er sha~! con~t~uct the ~~ferr~~ ~~~rovem~n~~, in ~~c~rdanc~ wit~ ~he ~fty'~ engineer'rng ~~~n~~~d~ in ~ffie~t atfhe t~me ~f ~on~truct'ror~. 4. Up~n ~o~npl~t~an ~~ ~he d~f~rr~~ i~~r~v~n~~n~~ ~rit~ir~ on~ ~~ } year from #he da~~ of this A~re~~nen~, or laterti~n~ as rrray ~e mutt~al~~ ~gr~~~ upont ~r~ writing, ~~]f 4 , ' * b~th par~~e~, and up~r~ a~ccep~an~e of ~he ~ef~~~ed ~mprovemen#~ by the ~r~ ~ , , " Y ~n~~ne~r a~d u~on ~orr~pl~ance b~ th~ ~evelop~r ~r~th th~ remarr~in~ t~rn~~ ~f #h~ D~fer~en~Agreern~nt, the ~ity En~~ne~~shall; . a. Ir~r~~diat~ly ~~l~ase ~~v~lo~er~rom the ~b~~ga~~vns to cons~ruct th~ ~ef~~re~ improv~rnent~ ~y r~air~n~ a R~~~as~ Lett~r to~ ~.~.T. N~viga#ion~~am~ron 45 N~ Lo~p ~~~, ~uite ~9~ ~an Anf~nlo, TX 7S2 ~ ~ b. Re~urn to th~ Develop~r~v~thir~ si~t~~~0} d~ys otth~ c~rn~~~fion ~f ~he c~n~f~uctian o~ th~ ~~f~rre~ im~ro~~r~ents ~~d ~~f~fer~ent of th~ can~truction c~~ts, ~ny ba~an~e ~emarning ~t ~I! mon~e~ r~~eived ~y t~~ Cityf~arn ~h~ ~~v~Iope~, fn~fuding any intere~t earned. ~. If the o~eferre~ irr~prov~m~~ts ha~~ no# been ~~r~pl~~ed wif~in an~ ~1 ~ year frorn t~~ ~~t~ ~f thi~ ~gre~m~r~~, ~r if ~h~ D~v~~aper~~ils t~ dep~sit ~ny in~reas~d se~urity as s~t out ~~I~~u, af~~r not~c~ to ~he ~ev~loper ar~~ opp~r#un~ty ~a cu~e as s~~ted ~n ~arag~aph 8 bel~~r, th~ ~i~y v~rili ca#I the re~f~r ~t ~red~~ an~ t~an~~~~ #h~ rr~~n~}~ r~c~ived, ~n~lu~in~ ~n~ inte~~st ~a~ne~, #~ the appropriaf~ City fund ~n~ tf~~ City r~ay b~~in com~~e~iar~ af #h~ ~onstructi~n af ~he d~€er~~~ irnprovem~~~s v~r~~~ any m~nies rec~ive~ fr~~ the D~~r~roper, ~at~ ~r~ncrpa! ~n~ inter~s~, remain~ng aft~~ con~p~~~~an o~~on~~~uction be~n~ r~funded b}~ ~he ~i~y to th~ Page2afG ~~vel~p~r. I~~ity c~n~tr~~ts all or~n~r p~rt o~~h~ r~quired impr~v~m~nt~, the Develape~s~~l~ r~imbu~~e ~h~ ~rtyfarany ~dd~~ronai ~os~ ~f the ~e~erre~ im~r~vem~nts, ~f ~~e ~u~n of n~ar~ey and ~ntere~t ~rov~ inad~quate to ~amp~~t~ d~f~rre~ ~mpravem~nts ~i#h~n thtrty ~30~ ~~y~ af#~r C~ty ~~mplet~s the re~u~red innpr~v~~~r~ts ar~d ~~Ils th~ ~~veloper, ~. T~~ ~ity and ~evel~per ~~~ee tha# if the D~v~lo~er ~~rn~al~y va~ate~ th~ ~u~rent pl~t, ~vfth ~ppraval ~f f~~ ~l~nn~ng ~omm'rs~ion, p~~~r ~o th~ de~dline €~~ comp~~tio~ nf #h~ c~r~s~ructi~r~ ~~th~ d~f~rr~d ~mprover~ents, an~r m~n~y ~~~eived ~ythe ~it~fr~m th~ Dev~1~p~~ ~em~~nin~ an ~epa~itt pl~s ir~ferest e~rr~~d, ~ill b~ ~et~ased and i~nm~d~ately ret~rne~ #~ th~ D~v~lap~r. 7, If ~~v~loperdefault~ ir~ ~r~y of i~~ cav~nan~s ora~~i~ation~ un~e~this D~f~rr~ent Agreer~ent, t~~ ~i~y En~ir~eer~i~l s~nd the D~ve~op~r~nd the Prajec~ Er~~inee~ ~rritt~n ~otice ~y ~~rtifie~ ma~l, re~urn re~eipt ~~quested, advis~ng ~evef op~r ~f fh~ d~faul~ and ~iving ~evefo~~rthir~y ~~Q~ ~a~s fror~ ~~t~ of r~cei~~ af the lett~r #o cur~ th~ d~faul~, ff th~ ~eve~oper~ai~s ~o ~u~~ the ~~~~u~t af#er rec~~pt ~~~~e n~ti~~ an~ Dppor~Unlty t~ cur~, the City ~ng~nee~ may f~~nSf~r ~r~y monl~S ~~c~iv~d and r~~~rest e~rned ~o th~ ~pp~opria~e fun~ of th~ ~~ty to ~ompfete the ~~~erred improvem~r~~s. Ir~ the ~v~r~~ th~~~ ~r~ ~r~y ~rroni~s ~e~~ive~ ~~ the ~~~y ~~~~n t#~e Devef~~~~, ~lu~ i~t~~~~t earrt~~, r~~n~~ni~~ aft~r~~~ ~i~y ~as ~~rnp~et~~ c~r~stru~tion ~f ~he ~ef~rr~d i~nproven~~nts, ~h~ ~x~~~s rnoni~s, bot~ p~lncipal ~nd ~~ter~~~, s~all be re~und~d to the D~~elo~~r, w~thirr ~ixty ~~0~ d~~s of the c~mpletion o~ ~~ns~ruction of th~ ~va~e~ ~nd ~ras~ev~ra~~r pub~~c improv~r~en~s ~n~ se~~~~m~r~~ of ~onstruc~i~n contra~ts. 8. 1'h~ ~~ty r~~~rv~s ~h~ right no~ ~o ~~sue ~~rki~icate~ ~f ~ccupanc~r for th~~ d~ve~~pm~r~t until th~ det~rre~ ir~pr~~r~ments a~~ inst~lle~ ~r~d ~ccepted ~y#h~ ~~r~~~or a~ ~ngi~e~rin~ ~~rvi~e~ ~ep~r~~ent, 9. ~'h~ ~ev~lo~er ~gree~ ~hat the ~ity, ~~~r not~c~ ~n v~~i~in~ ta the Dev~lop~r and Pr~j~~t ~ngir~~~r, may ~c~elera~e paym~nt or p~~orr~anc~ or r~~~ir~ a~di#~~nal ~~cur~ty ~rhen the ~~ty ~r~~in~er d~~~r~ines ~ha# th~ pro~p~~# ~f pa~rment o~ ~~~formar~ce is ~~est~on~bl~. ~~. The D~v~lop~r ~o~r~nants to can~truct th~ ~efe~r~d irn~rav~m~nts, ~n~ t~at thi~ ~averrant s~~~l be ~~~venant runr~R~~ v~ith t~r~ ~~n~. ~~. Th~ ~ity's Di~~c#~~ ~f En~in~ering ~erv~~~s, at D~v~J~per'~ exp~nse, shal~ f~~e ~~ ~e~ord thrs ~ef~~r~~r~t Ag~eement ~~ tt~~ r~~or~s of iVu~~es ~ounty. ~~. No ~ar~y rnay as~igr~ ~his D~f~rr~ent Ag~e~m~n~ ~~ ar~~ rtghts ~n~e~ thr~ ~~r~~rn~nt~~~~ouf ~~e praar v~rit#en ~pprava~ ~f ~he othe~ pa~ty, ~ 3, l~nles~ oth~r~vi~~ ~tat~d he~~i~, an~ na~ice req~ire~ ar ~ermi~t~d ta be ~~ven h~reun~~~ sha~! be in v~riting and n~ay be ~fven ~y pers~na! ~efi~r~ry, byfax, ~r bY c~~~f~ed m~il, ~nd if~iven ~er~~n~~~y, byfax~~ by~~rt~fied r~~ir, s~al~ b~ deem~~ Pa~e 3 ~~ s s~f~~cientfy ~~ven if a~dre~s~~ to th~ app~a~riat~ p~~ty at fhe ~~dres~ not~~ ~b~v~ ~~e sig~atu~~ of ~h~ par~y, Any p~~ty may, by no~~ce to the ath~r ~r~ acc~r~ ~rith th~ ~ro~ri~ians of this p~r~~raph, ~pe~i~y a diff~r~nt ~ddr~~~ a~ addre~~e~ fo~ ~r~~a~e pu~~~~esF ~~, ~'his ~g~~ement shal~ be construed u~d~r an~ ~n ac~~r~ w~th the la~us a~ the Stat~ af ~'~~as ~nd aN~ ~b~i~atior~~ of #h~ parties creat~d h~reun~er ~r~ pe~fa~rnab~~ in Nuece~ ~o~r~ty, T~xas, and all lawsuit~ pursuan~ h~re~a si~all be br~ught in hlue~~s ~aunty~ ~ ~, 1'h~ ~ev~l~p~r furt~e~ agr~~s, ~~ ~orr~p~i~n~~ ~rifh the Cit~ of ~orpus ~h~isti ~~~ina~c~ No~ ~ ~~ ~ 3, ~o c~~nplete, ~s pa~ ~f ~his Agr~e~~nt, the ~is~lo~u~e of ~v~rn~rship in#~re~~~ tq~rr~ atf~ch~~ to th~~ Agr~er~~nt a~ ~xhibit ~. ~~~ ~'hi~ Agr~em~nt ~hall ~e ~xe~~,t~d in tripli~~~e, all ~rigin~l ~op~e~~f v~hi~h ~ha~l b~ ~on~ider~d ~r~e 'rnstrun~~nt. l~her~ al~ origir~al ~~pie~ h~v~ be~n ~x~cut~d by fhe ~~#y, ~nd ~t le~s~t~~v~ o~igi~~~ cQpi~~ hav~ b~en ~x~c~t~d ~yth~ ~ev~lap~r, thi~ ~greemen~ shall be~om~ ~ff~ctiv~ ~r~d bin~ing upo~ an~ shal~ inure #a the ~enefit~ of tf~e p~r~ie~ ~n~ t~~ir respe~t~v~ heirs, ~ucc~s~~rs a~r~d assigns. ~age 4 ~f 6 ~ ~?~~~UT~~ i~ tri~~~cat~ ~~is -~--~~- ~'HE ~TAT~ ~~ `~exas ~~UI~TY DF~~ § ~ ~ day of ~ # ~~0~. ~, ,~'. Nav~gat~on-~am~rnn, ~P ~5 NE Loop ~~ ~, ~uite ~9D San #oniQ, T 7'~~~ ~ ~~, . ar~ish Verr~a T~~~ ~~st~um~nt v~a~ a~kno~ul~~g~~ bef~r~ n~~ an ~~ ~ r~~~G} by ~fan~sh V~rn~~ a~ ~~~,T, I~avi~a~ionM~an+r~~o~, LP; . , ~ ~ o# ~y Pub~~c, ~ta~~ ~f Texas ~,~~~~~ ~~n~~e De~~lia~do . , ~~ '' Notary ~ubl~C, ~#~t~ o~ T~xaS . , .~~ ,*~ My ~;omm~sSior~ Expires: ~~~~~~ ~~t~her ~4' ~~~9 Page 5 of B - i , ~1TY C]F ~~~P~1~ ~H~~STi ~"~~ty"~ P. ~. ~ox ~~77` ~orpus ~h~isti, ~'exas 78~G~ Tele~~~n~: ~~8~} ~8~-~~D~ ~acsirn~~~: ~3G~ } ~8~-35~~ A`~~~~T; ~y: ~y; Arman~~ ~hapa ~ rge ~C. I~oe Cit~ ~ec~~tary ~i~y i~a~ager APPR~V~D A~ ~'~ F~Ri~: Th~~ -~'~ ~' - ~ay o~ ~r~~~r , Z~~ , ~ , ~ ~a III~, mifh, A~sistar~t ~ity At#orney F~r t~~ ~ity A~#arn~y ~lvtary Fubli~, ~~ate 0~ Texas L/ ~ ~ ~ ~ ~ ` 1~1~Mr ii rt^.~r~M ~~ 1 ~1~ ~~ ~~~~~1 ~. .~ ~~ , , . ^rr~~~*a^~rlriii ~~~~~~~ '~' ~~I~~TY OF NU~~~~ ~ . ~~ . , .. ~ ~ ~'hE~ ~r~strurn~r~t ~ra~ a~kno~v~~~~ed b~~~r~ m~ on th~ day vf ,~~, by ~~~rc~e K. Na~, C~ty Man~ger, forth~ ~i~y ~~~~r~~s ~h~i~t~, ~~"~x~s municip~l ~~r~a~~t~on, ~n b~h~~f af t cvrp ~~ian. : TH~ ~TATE ~F TE~A~ ~ ~ ~`,~,~~"~ ~~ ~~~ ~~~ ~~ ~*' MY CO~iM~~S~ON ~XPI~~S . .: /~ f ~+~*' •~i~i ~~~~ {~l/}Y~~nsrl Y~ ~~ i ,1~ ~ '+l~~11 ~~~8 ~ Of B ~ .. ~ ~ ~:; ~] f~ k.~ ~ l~ ~? :~ ~r ~C 1~ K il N l~ 'f' 1~ t~ S']"=t '~I~:~~F~~ F[)1~' ~~~~~~ ~~ ~~~~~~~~ ~~~~~~ ~~ ~~~~~~ ~~~~'~~ ~~ ~~~~~~ ~~? ~ : ~'~~~~ ~~~~ ~~ ~~~~~~~ ~ ~~~~ ~~ ~ ~ ~ ~~ ~~~~~~T ~~~~ ~ ~~~ 4 ~ ~ ,~+~~~~~~.~s ~~~~" ~_ ~~~~~~~~-~ ~~.~.~r a~ ~~~~~~ ~h~c~~~~ . ~ ~'~,~~~~~.-~~, ~x~a,. .. , ~,,. ~ i ~-. ~~~ ~~'~'~ ;- ,{ ~ r ~.~~ ~~~#~ ~~~~~~ ~~'~4~~7+ ~~~+afa~1~~ f ~~ ~~~V~'~~~~~ " ~ r ~. l 1 ir.{Ff~~~if~~~ ~ ~~~~~ . -r. ~~~~ ~ ~ ~ ~ ~ . ~ . ~ `j+ ~. . , , ,. r i. J ~ ~~ ~~~ ~~ ~~ ~ ~~ ~~ ~~~~~~~~ t ~r~ ~r~~~ ~ ~ ~ o ~~ * ~~~.~,~~ ~~-~~ ~ ~ r~ r~ ' ~~~~ ~.~~ ~~~~'~'t~t~~~B ~~~~~~ A~ a~rd ~~~~ ~ ~~am~~~~ ~ ~~r~~~~ ~ ~~~eb~ . ~~~~3, ~ ~~ . ~~' ~ ~ ~a~~~ ~'u~~ ~.~ x ~ D~ ~ ~~~~~~~x~ ~~ ~~~~~~~'~ ~ ~~ ~'~~~~ ~rn~ ~a~~ ~~~ ~~~~~~~~~y ~,~ ~~-~ ~~~;~~~r~~~ r~~~~~ t ;• ~ ,., ., ~. ~ ~~~~r~~ ~a~p~.~a~~.~r~ ~~.i~~ ~~~~ ~u~~ ~.~~ ~~~7 ~~ ~`u~~ ~,~~ ~~~~ ~ T~~.~ ~~~~r~x~~ ~~~~~ ~~ ~~~~~~ ~ ~~~~ ~~~ ~~ ~~~ ~~ ~~~r ~~ ~~~~~ ~ ~~~ ~~~~~~ ~~ ~~~~~~~~ ~~~~~~~. ~C~ ~~~ ~e~m~ ~~ ~~~ ~~~~~~ a~ ~~~d~.~ ~~c~~.a~~ ~~~~~~~~~~~~ ~h~~~~~ ~~ ~~~d~~ ~ ~~ ~ . ~~~3'~~~~,~n ~o ~~~~:~~ ~ ~~~w ~~~~~~r~~~~~ tk~~.~ ~nen~~~~ ~~,~~ ~u~~' ~~~ ~~~~~~~~~ ~ . Y ~,~, ~~~~~~ ~a ~~~ ~~~~~~ ~~~~~.~~~~t~-~;~.~ ~-e~~~~ ~~~~h~, ~~.~ ~~~er ~~~~ { ~~~~rf~~,~n~ ~~~ ~~~~d~.~~.~r~~ o~ ~~~ ~~~~~~ ~~ ~~~~~~~ ~~-~~,~ a~~a~n ~~~h~n~~~ ~rr~~ ~.~x ~u~~ ~~~~~ ~~r~ ~~~~~~. ~ ~ ,' . -` + sr.~ .- ~~~~~~ ~,~ ~~ ~~~~~ ~~~~ ~~~P~ ~~~"'~~ ~ ~ ~.~,~~ ~~G1~~+IT~~'~ ~~~ ~~"'~~C~~` ~_ ~QW~~~,`..Bl~~.~ ~~.t~ ~~~ , ~~ , 4. . ~ ~ . 1L''J ' ~ , ~: ~ !~' . / . +~'',~• i ~ x ~ . ~f ~W~ ry____~.-~.~- ~ ~ ' - ~wra~t~ ~. ~~rn~k~ ~ ~ ~~~~~de~~ ~~• ~\/~ ti~~ ` W~/~l/~SJ~~f r ~ • ,5. { .5, ~t • ~' L y . f. . ,. - '. , .ti , r ' ' . -a `~ ,7 ~ ~ 1 . . '} . #,~~~,~ ~ f~ ~ Y v ' ~ *'~ Y ~~ !Y N f Y ~ ~ y~ f ^ r ~~ ~` ti• ` T~~ti "• . FY~'w'r'+'~ ~ t r f: f . ~ . M ~ y ~ ` , ', .~ ~• i~4" r, , ,~ , , .' :~. , . . .~ :; . - ~ ,~ . , , , , . ., . . _ . , . . .~ . r . . . C~J~.UM~I~~ ~AN~C ~N~3 ~RU~T ~~~IPAf~Y f,. ~ ~ ~ ~ ~ ~ - .,~. ~ ~ , ~, ~ - ~;~. ~ox-~~a M ~~~~r~~ t~~-~~~~i~r ~~~~r. ~ ; ~: . , ~~~u~sus, ~~ ~~ ~~~ - ~ . . -, ~~ ~x# ~~~.~~~ ~~~~~~ *~~, . ~~~~~~~ ~~~~ . ,~ , ..~.~.. ,.,.~......~, ~ ~ ~ ; ~ ..+~ ~ ~ ~~~r~~~~: , ~ . ._ . ~~~ ~~~~I~~i~~ 1~~. .~ ,, , ~.. ;~ ~_ ~ ~ . , , ~~~ ~~~~~~: ~~~~ ~~~ ~~~~,~~~,~~ , ~ ~.~ ~ ' ~~~V~~IClARI~. ' ~ . ~1~Y ~~ ~QRPUa ~W~IS"~I ~ . ~ ~ '' ~XP~~lIT~~~V ~~~'E: S~~~f2~08 . : ~ ~ ~ ~ ~1~~. ~~l'~'~; :~5 ~ ~ ~ ~- ~~~~f~~~7 ~ ~U~ ~A~~~ A~ ~ICW~' ~ =~ ~ ' . ~~~ ~IU~w ~~,~7~.84 { AI~I~~AI~ E.~C ~~~~ ~ ~ ~~~ ~~, ~~,~~ ~~~~ ~'H~~,P~~~I~~"~~~'~~~I~~~C~~~~ ~~~.~. ~~`~~6j ~~9-~~4~ IF ~~i3 H~~~ ~~1~`~[~~~rt~~~S ~ .:. ~~A~NI~ ~'~~~ - . ; .. .,,,,,; • - . . },~ r . ~ ' - ~ i~~~. • ~ • 5, 1 . . i a~ • . ' ~ S ' . . ~ 1 ' . ' f~ • ~ . !1 ' ' r ~ ~ • :~ ~{, ~ ' ~ ' ~' ~. ~ . . . ' ~ ' ~ i 'F~.~~' ~!~, 1 , ~•~. , ~+~ 6:~i ~ 1 z r~ ~ , , ' - - ~. , „ . ~ ,- - ~ ~~ R .. . ~ . . ' . ~ . ~ . ' ' }~ - ~ . y • ~ . ~ - . ~, ~ • ~ '. . .ti ~ . . , • , r. ~ , , . . . ~ t~- ~ ~~'. ~ ~ . `«- . ~ 5' ~ . ~ . ~ ' ~ - ~ ~ Y~ ~._~ ti , ~ ~ ~ ~~~ 4~_` ~ ~ ~' -•y . 1 7 / 5 ~ C~ ~~LX iV~ ~3 C_rS B~i ~~{. ~~ T~ `Z' YxC15 r!'~' M~M~EIt ~D~C ~~~~~~~ ~olU~r1~~S B~~k and TruSt ~~rnpany , 'Idin ~~d ~I~or ~ ~ ~4 ~r~adw~y, C~w~ta B~~ g, Co~urn~u~, C~~~gia 3~9~~ irr~v~c~~l~ Lett~r o~ ~~ed~~ No~: ~T~~ -_ -~R___-~.~ ~~ ~,+~w, ~w~wR~W/M/Y~WYYF~M~fYr~ *~ ~ ~ ~~ ! ~ .».. Vn+++Fwr~ rn. ~+• ~{ ~ ~~~ ~kJ~ ~"' ~ ~~~~ k. ~ .~h,r ,...y.~., w.,. ~~,..,,.,,,,,.~~...-.....~, ~ ~~.U~!.,~7~~~~I~~~~ ~~;~~x,I1~E~ ~M~~~k~~£15. ~4~~~~14/4-~ f w++'M+w..,.+~r,w~.... ~..~~rr ~"^^'~'~~n.r+~..+~rr~ ~a~~; June ~~, ~~~~ - ~~ f~~~~~#A~~Y: ~~l~T~I~~~: ~ ~it o~ ~orpu~ ~h~i~ti ~IIh1lA ~~nan~~~~, ~I~~ Y P.~. B~x ~~~7 ~ D~ Arch ~~~e~~ - C~~pus ~hri~t~, ~'e~c~s 7'~~~9^~~?7 ~~stan, ~A U~~ ~~ Attn: Di~ector ~f ~n~ine~rin~ ~er~r~ce~ Attr~~ Chr~~tine ~. ~arm~~r A~~~NT: ~~~4~,9~~.~~ E~~~~A~'~~N: June ~ ~, ~~~7' ~e~~l~rr~~r~: V~e #~er~b es~~~iish a~r ~r~~voca~l~ i~tter ~f ~~~dit ~"frr~~r~~able Let~e~ of ~~~dit"} ir~ ~ ~ . ~av~r ~f th~ ~it ~€ ~or u~ ~h~isti "~~~~fi~iary"} ~~r th~ ~~~~unt o~ MI~A ~~nar~c~ai, ~~.G# Y ~ ~ ~cti~ f~~ ~.~1~, Na~r~gatior~ ~ ~ar~~ron, ~„P., ~u~hori~ir~g Bene~i~iary ~~ ~rav~r a~ ~ . . ~r ,R ~ol~r~bus ~~nk ~n~ ~'~us~ ~om ar~ , ~~~u~~~~t ~e~~g~a ~ ~s~~~r } th~ ~m~unt ~f Three p Y Hun~r~d F~rt ~even ~~o~s~~d ~Vine ~{undr~~ ~igl~t~ ~~ur q~i~ar~ a~d r~ol~ ~~ ~~I~~rs Y 3~7 ~~4~~~ ur~d~r ~ene~i~~~ 's draft be~~ng the cla~s~ "~~a~r~ ~nd~r ~a~urn~u~ ~~ ~ ~~ ~Y . ~: ~ ~an~ ~t~d Trust ~o~ ~n , I~r~vncable ~.~t~~r ~~ ~~~~~t No. 9?`8~, da#~d June ~ ~, ~~~~ ~ ~ ~ ~' ~+ ~~ ~ ar~d ~c~o~~an~e~ ~y all ~f ~~r~ fol[o~tn~ docu~~n#~ ~ ~ocum~~ts }~ ~ ! .~. ~~/k 1 L~ ~ ~~~~~~~~~ ~~~i 1~~J"t ~ I tiJ~~"~~ ~V ~~~ T~i~ ori~~n~l ~~~h~~ ~.et~~rof Cr~~~~; ~~d ~~} ~'h~ s~rorr~ affi~~vit of ~he ~ity a~ ~orpu~ ~hristi'~, ~~~y ~~n~~~r, or h~~ ~~~ign~e, st~~i~g th~ author~#}~ ~~ ~h~ ~ffi~r~# t~ make ~h~ ~ffidav~# on b~f~alf a~ B~n~~iciary ~n~ ~ur~l~er stating as ~~~la~~: 1fTl~a# ~~~~~'. N~v~g~ti~n -~~rr~e~on, ~,~P~ ha~ not ~~~tafl~d t~e r~qu~~e~ im~rav~r~~n~s ar v~~~~~d t~~ pla~ ~f C,~.T~ Nar~~gati~n ~ ~~m~ran, L,~. ~~ ~equir~d by it~ f~~f~r~aE Agr~~men~ v~ith the ~ity of ~orpus ~~risti ~i~hin ~he t~m~ ~er~o~ ~El~v~red,~~ ~`hES l~rev~~abl~ Le#t~r of ~~~di# ~ua~an~~~s ~I~e abliga~i~n~ ~~ ~.~,`I"~ Nav~~a#ion ~ ~arne~an L~P, #o ~h~ Ber~~fi~iary a~ provi~e~ in t#~~ D~~~rrai ~g~een~en~, ~ar~~~l dr~uvings ar~ ~~~ ~~~~~t~~d und~~ this I~r~v~~a~l~ Lef~~r ~~ ~~edif, Thi~ ~~~~va~~b~e L~~ter af ~~ed~t i~ not ~~ans~~rable. Issuer her~~y ag~~es ~u~th B~~ef~c~a~y th~t ~p~n pres~n~r~e~~ an ~r b~f~r~ ~ o'cla~~c p.r~~, ~~~~rnbu~, ~~org~a, ~~c~~ tim~ n~ later ~h~n ~lur~e ~G, ~~~~', t~at dr~ft~ dr~v~n ~~der an~ ~n c~m~l~an~e ~ri#h the #erm~ o~ #h~s ~~~evoc~bl~ L~tter a~ ~r~dit, Issu~r vui~~ ~~ly ~o~or ~hi~ 1rr~vo~a~ie ~.e~er ~~ ~r~dit. Th~~ I~revo~ab~~ Le~~~r ~f ~rad~~;s gu~r~nte~~ ~or one year f~or~ ~a~e af ~ss~~n~e, it ~~~t be ~ut~r~~~i~a~ly ex~err~ed for a~dit~~nal p~r~ods a~ ~r~~ y~ar, an~ a~ ~n~ year ~r~terval~ ~h~r~afi~er, un~il ~une ~~, ~~0~', u~~~~~, at I~~~~ ~~ ~~ys ~r~~r ~o ~~~~ ~~, ~~~T~ ~en~~~~iar~'~ ~i~y I~ar~a~er no~ifie~ ~s~u~r ir~ ~rr~~~~~ f~~r ~~rt~fied ~~i~ at th~ a~av~ a~~r~~s ~h~~ ~~n~#~c~ar~ h~~ elec~~~ no~ ~o r~n~w. ~~s~er sha~l ~~~~ ~ot~~~ ~~ the au~orna~ic ex~~n~i~n to the ~i~y'~ ~irec~~~ ~f ~ngit~~er~ng ~~rwr~ces ~~rirty ~3~} ~~ys pri~r ~~ e~~ira~ian of th~ t~~n c~r~~n~ I~rev~c~bie ~.~t~~r ~f ~redi~. ~ai~~~~ f~ re~~~v~ th~ ~~torna#~c e~ctans~o~ ~~ ~ s~bst~tu~e ~rre~oc~b~e ~~~~er ~f ~red~~ ~~ ~a~s ~r~~r ~a e~pirat~~n af ~h~ fhe~ ~urr~n~ Errev~~~ble L~~~~r nf ~r~di~ ~an~titute~ a d~fault up~n wh~~h ~h~ ~~e~r ~urren~ ~rrevo~a~~e Le~te~ ~~ ~red~t m~~ be ~a#~ed in ~~s ~~~ire~~~ ~ven thou~~ nvt ~~a~ed abov~ ~~ ~ ~p~~i~i~ ~ve~t of de~a~~t. This ~r~~vac~bf~ ~.~#~~r o~.~~e~i~ ~~t~ tor~h ~n fur~ th~ te~rns of ou~ ~n~~rtak~~~ an~ su~h und~~ta~cir~~ mus~ r~o~ ir~ any ~v~y b~ r~odi~~e~, arn~~~~d, or amplifiec~ by refer~nc~ t~ ~n~~ocurn~n~, in~~run~~nf ~~~~r~~n~~nt ~~f~~~~d ~~ h~~~ir~or ~n ~~rich th~s lrrev~c~bl~ ~.~~t~~ o~ ~r~~i~ i~ re~erred ~o ~r ~o uvh~~~ ~his Ir~ev~~~ble L~~~~r of ~r~di~ rel~~e~, and ~ny ~u~h refe~en~~ is no~ d~em~d t~ i~~arporate hereir~ ~}~ r~~e~~nc~ ~r~~r do~ur~~n~, in~~~ur~~ntt o~ agre~r~ent ~s~u~r is n~~ ~ p~~ty tot ~r ba~nd by ~he terms o~ ~ny agr~er~~nt ~~t~reer~ Benefic~ary ~nd ~ustorrrer. Fur~h~rr~~~~, Is~uer sf~~l# I~anor thi~ ~.~~e~ ~f ~r~dit ~ritho~t in~uir~~n~ ir~to the truth ~~ the st~tement~ ma~~ in ~h~ ~~u~rn ~~fi~~vit of B~n~~i~i~~y ~hich s~a#~r~~r~~s v~i~~ b~ ~ar~sidered by ~s~uer ~~ b~ ~ de~~rmina~i~~, ~on~lusiv~ and fir~al~ ~ ~ v ~ ~., ~ ~ +~ ~ ~ r 1 ti .r a ~ 1`~~~ Irr~~ra~~bl~ Let~~r ~f ~r~di~ vu~ll be gover~~d by the provi~~ans o~ ~he Un~~orrn ~us~~m~ ~n~ ~r~~~i~~ ~o~ ~acu~en~~~y ~re~t~~ ~~ ~~4~ ~~visi~n~ Intvr~a~~~nal ~h~~m~er o~ ~ornmerce Pu~~i~~~~on N~. ~~~~ to th~ ~xt~n~ no~ in~onsist~~t ~i~~ #h~ lavu~ a~ t~~ ~tate of ~'~xas ~nd mv~e parti~u~~rl~ -~tfh t~e pr~~~~~~~~ of Ch~p~~~ 5 of t~e ~'ex~s - Bu~~n~~s ~r~~ ~omr~erc~ ~~d~ ~urr~n#~y in ef~e~t. ~~nce~e~y, ~alumb~s ~an~ ~n~ T~u~t Co~pan~r ~~~~ ~ ~~~~~~~~ t ~ ~~~ ^ Narn~: B~e~~ G ~ ~~~~#Dr~ T~~Ee; ll~c~ P~esid~n~ ' k ~ ~^ i~ame: ~~~~ Pe~se ~'i~i~: V~cs Pr~s~d~n~ Approv~~ a~ t~ ~o~rm~ ~~ty A~t~~n~~ ~i~~ of ~ar~us ~h~i~ti ~y: ~s~~s~ar~t ~~ty A~o~n~y . ~. ~ ~~ ~ ~ N~i~~ ~ ~ir~ct~~ ~~ Fir~an~~ 3 ~rE~cill~ ~a~za ~ ~ouncAct~e Qe~ ~-3~-~~.d~c Pa ~ 1 x r + ~ , - ~OUNCIL ACT«N R~QIJ~~T ~EQU~ST~D ~AT~ F~R ~~UN~IL A~~'I~I~; ~refer~ed ~D 2 4~ Alternate ~une B, ~OpB, PR~S~NTAT~~N _ ~I~YI~N ~ _ ~~N~~NT ~~~M ~~C„ ~ R~~~LUTI~N ~ _ ~~~~JLAR IT~I~ _ ~RDINAN~~ ~ ~., i P~1BL~~ ~I~ARIi~~ Tw~ Re~~~r~~s ~ 2S aay De~~Y - ~ ~I"~~ N~A~IA~E~ ~~PD~~" ~ - Er~~rgency ~, ~~~~~~a ~r~~: , Mntion autMo~~ing the City Manager t~ ex~c~~e a Defermsnt A~reernent w~~h ~,C.T. ~lavlg~~Ion- Cam~ron, LP, ~Devela~er}, in t~e amo~r~t ~34~,9~~,~~ for publlc Imprav~me~ts Ir~~~uding ir~~f~l~afion of an af~ $ite ~~-ir~ch sar~itary ~~wer col~~cfian lina an ~~e nart~ side of ~~#e~ Qrive and ~n off-site 12-in~h water grid main on t~e east side of N~v~gation ~1vd. for Navi~at~on P~ir~t~, Block 1, Lot 1, I~cated so~a~h of Bate~ a~lve ar~d wes~ of ~favi~a#io~ Blvd,, ir~ ~~~ordar~~~ v~ifh the Platt~ng Ord~n~nce section V~Requlr~d Irn~rovernents, ~~bse~tion A~3 ~~~. BU~G~'~f~UNa1NG; ~V~II th~se ft~ms Impact ti~~ bu~get? ~Yas No~ If Y~s, ~leas~ c~mpla{e t~e fvllowirrg~ ~ ~U~1D; ~~ner~~,.,~,~,,, ~nter~rise~ ~pecial„~, ~t~er, ~ ,,,, ~a~ita~,,,~ Amoun# 8udg~~e~: ~ource~s~ a~ Fur~ds {w~ere budgeted A~~~~VAL~: Depa~ment Head Qate,~,,,, i Budget Qirectar pate,,,,,,, Asst. ~i#y M~nag~r ~ D~te^ ~ity Manag~r Da~e_ . , , t ti ~1linui~~ ~ Regui~r ~~~nc~; ~~etin~ ~ur~~ ~ ~, ~~~8 - P~g~ ~ ~.~. ~~DINAN~~ N~. ~~~825 . ~~dtnar~c~ a~pr~~ria~ing ~~3,?~~ and ~nt~r~~t up to ~1,000 fnam th~ T~xas ~t~te L~~rary and A~c~~ves C~rnr~~s~ian in#o the ~#~o. ~ OB8 l,rbrary ~rants F~,nd ~~r t~e purch~~~ ~f 43 ~~~I~~ ~ccess c~mpu~er~ fo~the ~en~ra~ ~.ibr~ry and bra~~h~s. An ~~nerg~ncy was d~~~ared, ~nd the foregoin~ ar~~n~~~e w~s p~sse~ and ~pp~~v~d ~rith ~h~ f~~l~v~ing v~~e~ ~ar~~tt, ~~e~ney, ~~aper, ~~rcia,1~e~1y, ~Cinr~is~n, Ma~e~, N~yala, and ~rot~, v~ting "Ay~~~ . ~, ~~~~~ h11V~. 02~8~~ R~~olutian auth~r~~ir~g the ~ity~ M~r~~g~r or h~s de~ignee t~ ~~ec~#e a~ ~greer~~nt~uith the ~exas T~a~~ ~r#~~i~r~~ C~mm}~sion f~~ con~t~uctiar~, ma~n~~r~~nc~ ~nd ~p~rati~n ~f a ~~ ~ontin~~~~ highw~~ 1i~ht~~tg syste~n ~n ~. H. ~~8 ~~~uth Pa~re ls~and Drive} ~~~w~en ~tapi~~ ~t~eet an~ ~. ~. ~~fi ~~rass#~wn Expr~ss~vay~. . Th~ ~~rega~n~ ~es~l~ati~n v+~~~ p~~s~~ ar~d a~p~oved with th~ ~oil~w~ng vot~;~'~ar~~tt, C~e~ney, Ca~pe~ ~~rcia. ~Ceily. ~i~ni~on, Ma~~~, Noyola, ~n~ ~~ott, vat~ng Aye . ~~ ~~TI~N N~, ~0~~-~ ~~ - . ~I~t{an authori~~n ~h~ ~it ~Jlanag~r or his d~~ig~~~ to ~x~cute ~h~n~e ~rde~ Na. ~ w~~h ~ ~ C~~ Univers~E ~o~structars~~l~C, of San ~~tonio, Texas in t~~. arnaunto~ $3~7,~7~ ~~~ th~ ~~av~al~ ~e~a~stru~t~on P~o~~c~ ~~nt~~~~ D~o~pers A11ey to Hol~day tr~n ~M~~ee ~ea~h ~~a~ch~ - ~ . Yhe ~a~ego~ng r~a#~an w~s ~a~s~d an~ ~pprov~d ~rtt~ the following vofe±~~arr~f~,~Ch~sn~y, ~~~p~r, ~arcia, ~C~IIy, K~n~is~n M~re~, Noy~1~~ ~nd ~cott, vat~~g "Ay~ , ~. ~~T~~~u NC~. z~a~-~ ~~ M~tion ~ut~~riz~ng the ~ity Ma~~g~~ to ex~~ute a~ef~rmen~ Ag~~er~ent with ~~~,T, Nav~gat~on~~ar~er~n, ~P. ~~eveEo~~~~, ~n ~I~~ ~mo~~t ~f ~3~7,~5~.~~ for p~s~~~c ~mp~av~ment~ En~ludir~g ~nstall~t~or~ o~ a~ off~~it~ ~ 5~~r~ch ~anitary sev~e~ ~oll~c#i~n line on ~he ~c~~th si~~ of Bates Driv~ and ~n off~~~t~ ~~-inch water ~r~d main ~n the ~ast si~e af ~i~v~ atian Boulev~r~ ~or Navigat~~n ~oir~#e, Block ~, ~.ot ~, ~~~ated sauth of~ates Drive ~nd ~ west o~ N~vig~t~on ~~uf~v~rd, in a~c~~d~r~~~ wit~ th~ Pl~tting ~~dina~n~e ~e~ti~r~ V~Requir~~ I r~prov~m~n~s, ~~rbsectior. A,3~~}. ~on~ingent upon ~e~e~pt of I~tk~r of cr~dit ~~mp~i~r~~ ~ith C~~ reqt~ire~~nt~ . ~ 1"~e fareg~i~~ rno~;an was ~~~~ed ar~d ~pprov~d v~~th tk~~ fal~~~v~r~~ ~~te:~~ G~rr~tt, ~Y~~~ne}r, ~oo~~r, ~ar~~ay K~l4y, ~C~n~~~o~. ~larezF Noyo~a, antl ~cott, vo~~ng 11Ay~ f , ~a. o~~~~~~~~ r~~.,a~~~~ Amending the ~ad~ a~ ~~~ir~ances, ~ity ~f Corpus ~hristi, ~hapter ~~, reg~rd~ng def~nxtion ~~ lo~ai exchange ac~e~s ~~~e ~nd 9-~~~ ~~r~~~e ~~e~; pr~vi~~r~g f~r p~~alti~s~ ~F~rst ~~a~~ng ~5~~6~~~} . ~ Th~ fo~~g~~ng ~rdin~nce uvas pa~~ed and apprav~d an its sec~r~d r~~din~ uvifh the f~~~~w~~rg v~t~: ~~rr~~t, ~~~sn~y, C~~p~r. ~ar~i~, Kell~, ~~r~nrsan, h~~rez, N~~~I~, and ~cvt~, v~t~ng ~,~~~#~ , ,. „~ ,..