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HomeMy WebLinkAboutC2007-168 - 5/15/2007 - Approved~~~ PARK~A'~ ~l~~L~PIVIENT A~R~~1V~~NT ~n~lude~ V4~aterline Reir~burseme~nt Agreement} STAT~ ~~ T~~AS ~~UN'~~ ~F NU~EC~S Th~~ ~~a Parl~~a~ ~]eve~opmen~ Agreemen~ {Agreem~nt} i~ made and ~ntered into b~ a~~ be~veen the ~ity af ~~rpus ~hristi, ~'~xa~ ~Cit~}, a Tex~s home rul~ municipality, and ~Qgan Deve~o~ment ~ompany, L.P. {De~eloper}, a Te~a~ litnited p~r~nership, hereina~er callec~i~~l~ ~eferre~ ta a~ the "Partie~", ~pot~ the premise~ and f~r the purposes set ~ut herein, ~r~d i~ effecti~e as stated in ~~is A~reement, iNTR~DU~TI~N A, '~he ~i~y ha~ a~quired acreage ~~nov~n as the ~arr ~i~ T~act} for a n~ajar pa~k on the ~a~a d~~ ~sa, and the D~~el~per ha~ an option to purchase approximately 54 acres v~est of ~aid proper~y ~vhich ~he ~i~ ~e~~res to acquire for ~he e~pan~ion of the park B~ 7'he Devel~per d~sire~ t~ ex~~nd t~e public raadway know~ as ~sa Parkw~y fror~ i~s exist~n~ terrninu~ t~ intersect ~vith Holly Roa~, and a por~ion of~uch roa~v~ay will abut the acr~age to be acquired hy ~he ~ity f~r par~ l~nd. N~~, THEREF~RE, for ~he rnutual assuranc~s ~et ~`ort~ ~erei~ an~ ~aod and ~a~luable considerati~n, the re~eipt and ~ufficiency ~f~vhich ar~ hereby mu~ua~ly acknow~edge~, the Partie~ ~gree ~s f~llows; Section 1, Pa~~ De~ela ment. ~'he ~e~elape~ agree~ t~ assi~n ~o th~e Trust far ~ublic Land ~Tl"USt~ ~~~I'~~~~14~ 1~S 0~?t10I~ I'1~h~S Vl~l~~l T~E C~~lI1~S F~I~111~ ~1I771~~(~,Par~nership, ~,td. in arder ~o enable th~ Tr~st to purchase approximately ~4 acres ~designated a~ Tr~~t I ot~ Exhibit A t~at ~s located ~est ~f th~ ~ity's acq~ir~d acreage ~o be an a~dition to the ~~ty's p~anned par~C~ The ~it~ ~vill v~ark dili~ently to negotiate the purchase ~f the ~roperty through ~he partic~patian of th~ ~ru~~ or other ~ublic sect~r ~rant a~ency v~it~in ~~ d~y~ a~fter ~he dat~ afthis ~greerrren~, 1.1. The pur~ha~e ~ric~ to be paid b~ t~e Trus~ for The Gaines Fami~y Limited ~at~nership, Ltd. lan~ ~ill be t~e ~a~ne per acre price negotia~ed in Z~~4 for ~he ~l~I'C~l~~~ ~~~~1~ ~~~`I' ~1~ ~TI'~G~ ~~~~~~' ~~ E~ll~lt B~. The Dev~loper will arrange f~r private cor~t~ibutian af the funding necessa~r to mak~ up ~he difference betv~e~n the Z004 n~~oti~~ed price ~nd the ~urrent ~ption pri~e for the Caine~ acreage. ~uch add~~i~nal funding either shall ~e paid direct~~ to the ~~ller ~r ~o the ~'ru~t a~ a con~ri~utian, if such c~ntr~buti~n ~hall ena~le the ~i~y ~o us~ such fund~ a~ ~ l~~al ~natch ~or ~ l~rger grant. ~.~. It is anticip~ted that the Trus~'s pur~hase ofth~ a~ove park tract v~ilt cl~~e prior to ~1ug~~~ 1, ~~~7. The ~i~ ~ill, af the ~arlies~ round ofgran~ application, make ~~~7-~ ~~ Pa e I ~~' 8 4511 ~1~7 ~ ~r~0~7~~ ~ Hvgan Develapment ~vmp~ny. 5f~912007 ~~ ~~ ~~ ~ applicati~n for ~ran~ fundir~g, u~~n~ the propased parkland, ~4 acre~, as par~ af the local match, far funding ~o de~elop the px~posed r~gional ~ark ta be create~ fror~ the ~on~bination ~nd ~ncor~oration ofthis ~ract with the ~arr ~it Tract previousl Y acq~iredF T~~ comb~n~d par~ site v~rill be h~ld as undev~laped until such tim~ a~ the ~ity identifie~ fundin~ t~ de~elop Yt as a park, ~.3, The ~it~ ~vill de~elop a Par~C 1Vfa~~er Plan fnr the c~mbine~ site ~r~~hin an~ year a~er fund~ ar~ made a~rail~b~e far the Plan, ~eve~opment aptions can include, at the ~it~'~ discreti~n, a phased d~velapment or con~plete de~el~pment, 1,4, T~e ~i~y agrees, ~u~ject ~o funding apprapri~#i~n, t~ expend the park dedication fund~ p~id by ~l~ d~velop~rs v~ith~n ~ 1.S rrr~le rang~ ~~th~ park for th~ pur~has~ and ~u~sequent improverr~er~t ofthe par~C and factliti~~. 1.5. The ~ity ~hall r~t~in all exi~ting ri~ht a~w~~ as~~~iafed wi~h that pot~ion ofHoIly Road extending sou~heas~ of the ~so Parkv~ay ea~ter~~ion alon~ the prapa~e~ park. Th~ ~~ty a~ree~ that the Devel~p~r ~h~~l ha~e no obligation ~o ~on~truc~ su~h po~tion of Holly ~oad, ~~~ The ~i#y agrees ta rr~a~e an~r and a~l impr~~ements f~r t~e ~Iast~r ~hanne129 ~utfall through the pr~posed park, alle~iating any ~equiremer~t that t~e De~eioper obtain a~~ction 4~4 ~U~ Army ~arp~ of Engineer~ ~USA~E} Permi~ far Nlaster ~hanne129. ~ec~ian ~, ~~o Park~ra ,~'he Ci~y and the De~e~oper agree ta c~n~truct the extension of ~~~ Parkv~a~ fro~n it~ ea~i~tin~ term~r~u~ to intersect with Holly Road a~ follows; ~, ~. The Devel~per wil~ pa~r 1 DO% af the ~atal co~t ~~ncluding ~ngineerir~g, perrrxits, ~~~tin~ an~ co~struc~ion} of ~so Parkv~ay, and related drainag~ and ~r~d~e ~~ructur~s, fror~ it~ exis~ing terr~inus to H~1~~ Road, exc~pt ~~aa~ t~e ~ity ~i~l p~y ~ts propar~ionate shar~ for tho~e portion~ vf~so Parkv~ay that a~~~in propo~e~ park tand, ~0~~1 ~~C1~~lI~~ ~I][~ ~0 ~~ ~CC~u11'~(~ ~~ t~l~ ~1~ ~5 ]71"OVIC~EC~ 1~1 ~ECt1~I] ~ abo~re. The ~ity}s p~o~ar~i~nate share v~itl be 5~°I~ o~`th~ c~st of a section ~f~~o Park~ay, adjacent to the propos~d re~ional pa~~, constructed in ac~~rdanc~ v~tth the Urbar~ Transportati~n Plan, consistin~ ofpavement, cur~s, s~de~valks and gu~ter~ ~including starm dr~inag~ improvement~ and sfreet ligh~~} ~refe~enced hereir~ ~s the "road~~y improve~nents"}, ~~1 a~ set a~t on Exhi,bi~ ~ attach~d. The ~~I'~1~S ~C~II~VV~~(~~~ ~~1~~ ~1~'~ pat~icipati~n in ~he road~vay im ravetnents shall P r~ot excee~ ~~°I~ af the to~al c~st a~ Dsa Park~vay con~tru~~ion incurre~ by De~reloper in campli~nce ~rith the T~xas Local Co~ern~nent ~ode. T~e ~o~~s of ~he v~ater main ex~ensions a~ part o~'the roadv~ay ~roject ~h~ll be reimbur~ed b~r the ~it~r in accvrda~ce ~vith ~h~ Pta~ting ~~dinance at the rate of 1~~°I~ oft~e apprave~ c~sts as set out Qn ~xhibt~ ~ attached. The ~ity agr~es ta e~r-mark ~ts avai~ahle developer participati~n fu~~s in the appraxirrrate arnount af $334,~0~ to fund the 5~°l0 obl~ga~i~n far roadway impr~verr~ents, and the 1~~°I~ re~m~urserr~ent obligatiot~ far v~ater main extens~or~~ shal~ be ear-marked in the Page ~ of 8 5J~91~~~7 appropr~at~ Park ar ~ater Tru~t Fund. ~uch funds sh~ll be relea~ed tQ the Dev~loper upon ~he completion ofthe raadv~ay ~~pravet~ent~ an~ ~rater n~ain extension~ adjacen~ t~ the ~ark land and acceptance ~y the ~ity. T`a the extent any portion af th~ 5~°I~ ~ein~bursement a~l~gati~n f~r raadv~a~ irr~pra~ements i~ not reimburs~d through other fur~d~ng ~our~es as pro~ided by ~i~y ordinances, such amoun~ ~vill ~e reimbursed ~y the City ta the Dev~lop~r as ad~itianal f~nds are ac~uired ~y the ~it~ far such purpose~. The ~i~ ad~iti~nally agrees to pr~p~~~ developer p~rt~cipation fundin~ ~n the future ~008 bond is~ue ~u~ject to voter appro~al. ~'he ~ity agrees to reimburs~ the I~eveloper any such unreimbursed sha~e af~he r~ad~ay ~n~pro~~n~enfs as na~ed above fram develop~r participation fundin~ in proc~ed~ from the f~r~~ b~n~s issued, upon app~aval of such bond~, a~ early as pa~sible in the ~~~a~ year in w~ich the ~nnd~ are so~~, Z.Z. The Developer ~vill cammence can~tru~~i~n of ~so Park~ay o~ or befare January 3 I, Z~~S, and proceed ta cot~pletton in on~ ~r m~re canstruc~ion pro~ec~s with ~ue dili~en~e re~ulting in the extension vf~so Parkv~a~ from its existin~ tern~inu~ to Hally ~~~d, 2.3. This sec~ion of ~~o Parkv~ay ~vill consi~t ~f an overall righ~-~f-v~~~ $~ feet in v~idth de~i~a~ed b~r th~ Develope~ at no cost to ~he ~i~, v~ith asp~alt stree~ pavement 40 feet fram ~ack of curb to back ~#` curb ~back~to-back} ~onstructed ~y the ~evelop~r in accordance ~vith th~ ~i~y'~ Flattir~g ~r~inance requirer~ents, 7'he str~et ~a~rement may be off~et from the cen~er ofthe right-~f ~ay in ard~r to allaw for a~vtder si~~~ralk and ~andscap~~reen spac~ area alang ~he ~~a Ba~ ~ide ~f ~so Parkway. 2.4. The propo~ed f na~ ~treet cross sect~on ~ri~l inc~ude a G foat v~idth ~idev~alk along and parallel t~ the westerly right of ~~}~ lin~, an~ a 6 faot width side~valk ~hich ~ri~l run ~enerally alan~ the ea~terl~ ri~ht of way line ir~ a gently ~rindin~ rr~anner, The ~]eveloper agree~ ~a canstruct the w~s~erly 6~faa~ ~idewalk frorri t~e ~xistit~~ terminu~ ta t~~ boundary ofthe proposed park an~ c~ntinue along the remainder ofOs~ Par~~vay acrass ~he street from the propo~ed park, Th~ Develo~er will submit plar~s ~ho~ving ho~r im~roverr~ent~ in th~ ea~e~n~n~s andlor right af ~va~s, including winding ~~~e~ralks, ~vill be u~ed and co~r~inated ~vi~h uti~ities, dr~i~age an~ ~tree~ light~r~g far the ~ity's revie~r an~ approva~. ~Jpon full funding ofthe ~ity's reimburs~~nenf obligati~ns for t~e r~~dv~~y ir~pr~ver~ents, the ~]evetop~r ~ha~l contribute ta the City ~h~ cash value oft~e cost~ ofroad~ay impro~er~ent~ for the ~idev~alk ir~ fr~r~~ of and ad jacent to the propo~ed p~rk, ~, 5 Th~ ~ity agree~ to grant a re~ocable easer~ent to the T~rra lVlar Prop~r~ Q~vner~ As~ociation a~an~ the o~termas~ I 5 t~ 20 feet or~ each side af the ~i~ht-of way af the portions of ~~o Parl~~a~ ~excludin~ t~e frontage al~ng the ~arl~ to be awned by ~he ~ity} t~ maintain the abo~e ~idev~alk i~praver~er~t~, along ~vith th~ planting of oak trees and cor~pleti~r~ of landscap~ng impr~vements. Th~ Developer ~i11 sub~it p~ans ~h~v~ing how impro~ement~ in the easer~e~f v~ill ~e u~ed ~nd courdina~ed with utili~ie~, drainage, ~ide~alk~ and street ltghting f~r Page ~ of 8 s~~~~200~ ~it~ review ~nd a~~r~va~. The De~eloper and the T~rra 1VIar Pr~pe~ ~wner~ Association wilI ~e responsi~le fo~ all costs, incl~ding n~aintenance f~r the terrn af the ea~~n~ent, ~~S4~l~t~~ VVI~~I SUC~I I~IlC~SC~~1~7~ lYtl~~'4V~~1~I]t~. The ea~e~nent ~rill be ~ubject ~~ revocation by the ~ity in th~ ev~nt t~e ~i~y ~eauire~ such area for r~ad~ay ex~an~i~n in fhe futr~re. ~.~. Th~ I~ev~lo~er'~ obli~ations to c~nstruct the Os~ Park~a~ ~xtension accarding t~ ~he timetabl~ ~utlined in ~ecti~n ~.l above w~ll be cond~tioned upon the acqui~itian and de~ication ofthe ~ark in acc~rdanc~ ~ith ~ec~ian ~. Any ~elays in t~~ Trust'~ acquisitian ofthe con~~rvation par~ proper~y may delay t~e tirr~etables provi~ed hereunder, 2.7 The ~evel~per is authar~zed to ins~all street light~ a~ all street in~ersecti~n~ as required b}~ ~ity ~ade~ and addifianally in~tall mid-block ~treet li~hts prov~ding fo~ an o~erall ~pa~ing of30~ to 5~~ feet ~et~een lig~ts. The lights ~nay ~e in~talled on each ~ide of the ~so Par~~vay at ~u~h locati~n~ in ~rder t~ provide adequate l~ghting. ~n the por~ion ~fthe roadw~y in front of~i~e pa~k, the ~ity shall pay ane-haif o~'the co~t of such street ligh~s a~ pro~vided above~ T~e Ci~y shal~ accept suc~ street lights ar~d a~~urr~e t~e cost~ af electrical ~ervice for ~ame on th~ ~ame ba~~~ as for street lights ~enerally, ~.8 The ~]eveloper sha~l n~t ~e required ta ~ay for t~e in~tallatiot~ ~f any traf~i~ signals at an~r afthe inter~ections along O~o Par~~vay. ~e~tian 3, The followin~ ~en~~a~ terms and condition~ sha~~ appl~ ~a ~~is Ag~eement: ~,1 Term, The term o#`~hi~ Agreerrxent v~i~l co~nrrler~ce on the ~ffecti~e Date ~a~ ~E~1~1~~ ~~~OW~ ~I1C~ COIlt1I]ll~ li~l~l~ C~IY1~~~t14I] 0~~~7~ 0~?,J~C~1~~5 ~~~~ll~ A~I`~~t]7~1~~, unle~s tern~ina~ed on an earlier date un~er ather provi~ion~ ofthis Agreemer~~ or ~~ ~vri~ten a~ree~n~nt of the ~i~y and the Develaper, a~ provided for in ~ection ~.~ belo~v. The Eff~c~iv~ Da#e of this Agreemen~ v~ill ~~ ~he dat~ of full exe~ut~an ~y the Far~i~~. Thi~ Agreer~ent v~il~ be binding upan and ir~ure to ~he ben~fit of the Parti~~ and their re~pec~i~re succ~ssors and assi~n~. ~.~. Amendrnent ~y, A reetnent. Thi~ Agre~tnent may be at~ended at ar~y time by mutua~ ~vritten consent of the ~it~ and the De~eloper, o~ its ~ucces~vrs o~ permitt~d as~igns. ~,~, Assignment. 7'his ~g~een~ent and the ~ight~ ~fthe ~]~veloper ma~r b~ assigned to any subsequent o~ner of the prop~rty, sub~e~t to the privr written car~sent ~f the ~it~, v~hich con~ent ~vill r~~t be unrea~~nabl~ ~vit~held. An~ a~si~nment will ~~ it~ v~rit~ng, will specific~ll~ se~ for~h the as~igne~ right~ and obli~atians an~ will be executed by the ~rop~~ed as~ignee, Page 4 of S ~10~1~~07 3,4i ~oo~er~tia~, The P~rt~~~ v~ill ~ooperate ~vith each o~her as rea~onable a~~ neces~ary to carr~ out the intent ofthi~ ~gr~e~nent, including but not limit~d t~ the ~xecution of ~uch fu~ther dacumenfs a~ may be reasanabl~ re~uired. 3,~, Notice. Any notice ~i~en under this Agreement mu~t be i~ ~vrifing and may he given: ~i} by deposi~ing i~ in the Unit~d S~ates mail, c~rtified, v~ith re~urn rece~pt requ~sted, addres~ed tu the party t~ b~ nottfie~ an~ ~i~h all char~es pr~paid; ~~i} ~~r depo~iting it v~ith Fe~er~l ~xpres~ or anothe~ ser~ic~ guaranteeing "next day delivery", addre~~ed ~~ the party to be ~o~i~ed and v~ith all ~harges prep~id; {iii} b~ p~rs~nal~y ~eli~rering it ~o the party, or any a~ent of~he party listed ~n fhis Ag~e~rrient; ar ~iv} by facsin~~le ~vith confirming cap~ ~ent by one ~fthe ofher descrtbed n~eth~d~ af n~tic~ ~et forth. Not~ce b~ United ~tates mail v~i~l ~e ~ff~cti~e on th~ ~arli~r oft~e date afreceipt ~r three {3~ day~ after the date af t~ail~n~~ ]~~tic~ giv~n in ar~~ other ~nanner ~~ll be effect~~e only ~rhen received. ~~r pur~o~es afno~ice, ~he a~dre~se~ af the Partie~ will, until chan~ed as pr~~ide~ ~elo~v, be as ~'a11ow~; ~i~: ~ity of Carpus Christi A~rn: ~i~y Manager 1 ~~ 1 ~eopard S~r~~t ~~ ~ax 9277 ~o~p~~ ~hristi T~ 7846~-9277 ~ith Re~uired ~op~r to; ~ity af ~~rpus ~hristt A~tn; ~i~y Attorr~ey 12~ 1 Le~pard S~reet PO B~x 9277 ~orpus ~hri~ti TX 784b~-9~77 ~ev~laper: Hogan Developm~nt Company, L,P. Atten~ion: President 800 N. Shorelin~, ~uite 3~~ ~~ufh To~rer ~orpu~ ~hristi, ~'e~a~ 784~ 1 ~ith Required Copy to: John I~. Be~~ ~Vood, B~~~in ~ ~o~ter, P,~. 6~ 5 N~ ~~per Bro~dv~ay, ~uite 11 ~~ ~orp~~ Christi, Texa~ ~5477 The Farties may change their respectr~e addresses to any other addres~ v~ithin the Uni~~d ~tate~ ofAmerica by givin~ at lea~t five ~~} days' written r~oti~e tu the other party, Th~ Deve~oper ma~, bY giving at le~st fi~e ~5} da~~' written r~ottce t~ the Cit~, designate ad~iti~nal p~r~ies to xec~ive copi~~ ~f t~~ti~es under thi~ ~~reement. Fage 5 of 8 5109~200~ ~.G. ~e~erabilit~; ~Vai~er. If~n~ pr~~~~ion ofthi~ A~ree~nent i~ illegal, invalid, ar unen~`orceahle, under preser~t or future la~s, it is the intentian afth~ Par~ies that the remainder of this Agreement not b~ affecte~, and, in 1 ieu of e~ch ill~gal, invalid, or unenforceable pravi~i~n, that a provis~on ~e adde~ ~~ th~s Agre~rnent ~hi~h is ~~gal, va~id, and enforceable and is a~ ~imilar in term~ t~ the illegal, inva~id, ~r enforceable pro~i~ior~ a~ is pa~sibl~. ~ach ofthe ri~ht~ and obligatior~s of the Partie~ hereta ar~ sep~ra~~ covenant~. Any failure b~ a party t~ in~i~t upan ~trict performan~e by the at~er party ~f arry provi~ion of this Agr~ement will not ~e deerr~ed a v~ai~er of su~h pro~isi~n ar of any other provision, ~nd such par~y ma~r at any time therea~er insis~ upon strict performance of any and ~11 of the pro~iSl~t]5 Ofthi~ Ag~~~~~nt, ~.?, A lica~le L~v~ and '~er~ue. Th~ laws of fhe ~tate af Te~a~ ~overn the interpretation, performan~e, enfarcement and va~i~ity of thi~ Agre~tnent~ '~enue ~vill be in a court of appropriate jur~s~iction in l~ueces ~aunty, Texa~~ 3.8, Entire A reement. ThiS Agr~emerlt ~O~t~in~ th~ ~i]tire agr~~~1~~]t Qft~le ~~Ct~~S and there are no other agreerr~~nt~ or prorr~i~es, oral or ~ritt~n betw~~n the Parties regarding t~e sub~ect matter ofthis Agreerr~ent, Thi~ Agreerr~ent c~n ~e arrlen~ed ~nly b~ ~vritten agreement signed b~ ~he Parties, Th~s ~~reement sup~r~ede~ all ather agreements b~tween the ~arties concerning th~ s~bject rnatt~r hereaf. 3.9~ Exhibits ~Iea~in ~~~nstruction and ~ounter art~. A1~ ~chedu~e~ and exhi~its refe~red t~ in or at~ached t~ this Agreement are inc~rporated ir~t~ and ma~e a par~ of ~his A~reemen~ fo~ all pur~oses. ~he section headings contained in thi~ Agreeme~t are far convenience onl~ and do not er~large ~r limit th~ ~cop~ or rr~~aning af~he ~ec~i~ns, The Partie~ ackno~ledge that ea~h ofthem ha~e been actively at~d e~ually in~vol~ed in the nega~iat~~n ~f this Agre~rne~t, Accordingly, the rule of can~tru~tion ~hat an~ arr~bigu~ties are ta be res~~~ed again~t ~he ~ra~fting party ~ill not be en~played in i~terpr~ting thi~ Agreement ~r any e~hibits h~reta~ T~is A~reement may be executed in any num6er of counterpart~, each of which ~vil~ be deemed to b~ ~n ori~inal, and all of ~hic~ ~vi~l together cons~itu~e fhe sarn~ instrument. This Agr~ement v~i~l become effe~ti~e only ~rher~ one or m~re counterpart~ be~r the sign~t~res ~f all #h~ P~rties. ~,14. Authorit for E~ecutian. The ~ity c~rtifies, repre~ent~, and ~arr~nts that the executian of thi~ Ag~eet~ent is dul~ authorized and adapted in confarmity ~vi~h ~it~ ordi~an~e~~ The Developer hereby certi~es, repr~sent~, and ~varrant~ that the executi~n ~f this Agreerr~ent ~s duly authori~ed and ad~pte~ in canformity ~r~th ~he ar~icle~ af in~o~po~~tivn ~n~ by~~~vs ~r p~rtnership agreer~ent~ 3,1 ~, Relationship of Partie~. ~n performing this Agree~nent, both the ~it~r and Dev~loper ~vill act in ~n in~i~idual capaci~y, and not as a~~nts, repre~e~~ati~es, ~mplaye~~, emplayer~, ~artners, jaint-venture~s, or asso~iates of one an~~her, The ~r~p~~yees or agents of either party may n~t be, nar ~e con~true~ to be, the empla~e~~ or agents ~~the ather party for an~r purpase~ ~ag~ G ~f 8 ~~0~~2~0~ ~.12. ~urvi~a~ ofTerms~ All r~presentatiot~~, warr~nti~~, covenant~ and a~reements ~f the Farties, as v~e~l a~ ~ny right~ and ~enef ~ts o~ t~e Par~ies ~ertaining t~ th~ tran~actio~ cant~mplated hereby, v~ill sur~ive the ~ri~inal execu~~or~ da~e of th~~ agreemen~. ~.l ~. Pru~artiona~i . Th~ De~el~per agrees th~t the pu~lic impra~ement~ con~emp~ated to be made by or at the ~~pen~e of the ~]evel~per are raughly pro~ortional to the D~~elapment ~nder ~ectiot~ Z~~~90~, Texa~ Lo~al ~o~~rnment ~ode. 3,14 ~ndemntificatian, Th~ Deve~oper shalX indemnYf~ ~nd hald ~~rmless th~ ~ity, its ~gents# ufficer~, and employ~e~ ~~~~nd~mnitees"} fr~~n al~ s~its, ~ctions, or cl~ims and fr~m ~l! li~b~lity for ~ny ~r~d all injurie~ ar d~~n~ges ~ustai~ed by ar~~ persnn, ~r~c~uding ~itbout lirr~r#ation worker~ camp~~nsa#ian, ~er~anaL in~t~~ry ar death, ~risin~ f`rom ~r incident to this canstructi~n, ~.15. Discla~ure. The Developer further agrees, ~r~ campliance with the ~it~ of~orpus ~hri~ti ~rdinance No. l 71 ~~, to ~~mp~ete, a~ pa~t of this A~r~ement, the Disc~o~ur~ of ~v~r~ershi~ interest~ forr~ attached as ~xhib~~ ~~ ~. ~ 6. ~i~in~. This Agreement beco~es effec~i~ve and is bir~ding upo~ and shall inure to the benefit oft~e Ci~y and the De~eloper, and their re~pecti~e heir~, succe~~o~~, and a~signs fror~ and a~~r ~he da~e ofexecution. The ur~dersigne~ ~arties ha~e ex~cuted t~i~ ~greement on the date~ indi~ate~ belar~. ~rTY ~F ~~RPU~ ~HRIST~, '~EXA~ a Texas ~nunicipa~ c~rporativn ~y. ~e No , ~ity ~I~iana~er 1 ~ I~ate~ I~~~AN D~V~L~PNIENT ~~MPANY, ~~P. A Te~~~ lirnite~ partner~hi~ B~r~ ~eabree~e ~imited ~a~, LL~ I~s ~~neral Fartner . ~~: -~ Neill ~. Arr~~ler ~II, President Date; ~~ ~+~ F;II 11HOGAN10sa Park Development-3.doc p~~E ~ Q~ ~ 510912~07 ~~~~~. Att~anda ~hapa, City ~ r ~~ry A~PRD~ED ~~ ~~ L~GAL ~~~M. May ~, 2~07~ Mary ~a~ ~`i~cher, Cit~ Attorne~ , . ~ ~y, A~~i~ta t ~~t~ A~t~rney ~'H~ ~TATE ~F T~~A~ C~UNTY ~~ NUE~ES ~ ' ,__ ~I~ ~ NOR~2~~ ~~' ~#I~~lI. ~~C lI'~115 1T15t1`Ut17~Ilt 4~~~ ~G~{II~VVI~(~ ~~ b~~~~'~ I1'~E ~~! ~~ ~OD7 b Ne~ll ~ x ~ F~ ~m~l~r, III, Mar~a~er, ~eab~eeze, Ltd. ~o., a Te~as limited liabili c~mpany, acting a~ Ceneral P~rtt~er of ~ogan Developmen~ ~ompany, L.P., a Tex limited partr~er~hip, on b~ha~faf ~aid p~rtt~er~hip, ~ *~~'~M ~~•~,~ JQHN q BEl.L Nata~y P~brc * ~ ~ STAT~ ~F ~E~AS ~oFr~''~ My Camm. ~x~, ~4-~~-2~09 Notary ~ublic~ State ofTexas TH~ ~'~ATE ~F TE~1~~ ~~UNTY ~F N~~~E~ Thi~ insfrument ~va~ ac~n~v~ledged bef~re t~e an _ ~eorge N~e, City ~ana~er of the ~it~r of ~orpu~ ~h~isti, a corpor~ti~n, ~n ~ehaif of the corporation, , No~ary Fublic, ~tafe ofTexa~ Y P~ r ~"~~ ~ •~ C0~1111~ I~~~ICS ~ j ; "~ ~ {~r0~11i'lIS$lQI1 ~~~If~ ~~-. ` ~ ~avernber D~, 20~~ ~~~ ~:ll 11HOGANIOso Park Development-3.doc ~~~~ ~ 0~ ~ ~1D91~~~7 ~~ h ~! . ~ ;~ ~; . r ~ ..-~~ . .:. ~ ,~ ~ _~,;,; -:~ ^, ~ ' ; . - -~ Yl~. ~•ii ~ - . xs~;~ ~ . . . ~ ~ " ,~~ - ~~ . ~,r '', . _ - - ~~ . ~ ~ . , . „ ~ - ~ ~ ~ -~~ ~ . ,. r_ 1~ . ~~ ,:.;~- _._..~ { ~ '- t' ` } ~ `r ~ ~~ 1 `'~ ~~~~ . ~~ ~~~~ ~ ~ ~ 0 . ~~ ~ 11iI4~+ .~~ '~.9 ~# ~.~ `~ ~ ~r ~~ ~`~ ~r ~ ~~ ~ ~ ~~ `~:. ~:: ~~.~~ ~~1 ~ ,. _ „'~~~ ~ # u +4 ~- .S r ~ - { + ~ F''T~.i . . ` r,~ ' •y~ ~' ~5" •'} ': ~~ } r ~fi' ~~ I ~ ~, , . - - - ~. `~~ .` ~ ~~.~i~. ,:~ ~~~~~~~ .~~~~ t ~ ~ :~ ~ - `:~-~~ - ~;. %- r~ F .; ~ }. 1~~ ~_:.-~; f ~ ,. ,~ .~ ~. ~~ ~ _ ., ~ ~~ ~~~ ~~~ ~~ ~~ s'"l .~;~Y . .Yi ~~i" _ : +l -~ ~ ~,r , . . .~~ :~:; :; :'~~, :: ~'. -~~`~ ~-~ ~ ~v~ ~. ~~y\ w ~~~ -~~ ` '•S ti.r~~ ..' ,. ~ ~ L F'~ ~~ ~ :~ .~,~ ~~~ ~~~~~~~i~ EXHI~IT' ~ ~on~~ru~ti~n ~o~t E~~~m~t~ ~~o P~r~cr~ra~ ~~oo~dr~d ~ Ro~d to F~oll R~ad ~ ~ a~~~: o~~o~~~~ ~~~~~~~~~ Item No. ~escri tion C~uanti Unit ~Init Price T~tal price R~A~~VAY II~PR~IIEMENTS ~, ~ite Exc~vation & Gradin 10,D~a CY ~ 3.5~ $ 35,0~4.D~ ~. l,~me ~For ~ub rade ~tab~liz~tion} 340 TON ~ ~~4.~0 $ 40,804.0~ 3. Ce~nent For Base ~tabilization 1GO T~N ~ 1~7.a0 $ ~ B,~~O.DO 10" Lirn~ ~tabilized ~ubgrade ~I~clude~ 12" Ravu ~4. Suh rade ~ompaction~ ~ 5,700 ~Y $ ~ .7~ ~ ~7,~T5.00 5. 8" C~m~nt ~~a~il~zed ~ali~h~ Base ~3,~5~ ~Y $ ~0.~5 ~ 134,787.50 fi. ~" T e'D' HMA~ ~~ncludes Prirrre Coa#~ 13,~~D ~Y $ ~~95 ~ 130,842.~0 7. ~~~ ~urb and ~utt~r 5,05~ L~ ~ ~ a.aa ~ ~~,5ao.~0 8. ~' ~oncrete ~idewa~k 38,4aa sF $ 3.Z~ ~ ~ ~4,sao.4o 9. Handica Ram 9 ~A $ 460.00 ~ 4,14a.4~ ~0. 18" R~P St~rm ~ewer Pi e ~,05~ LF $ Z~.~D ~ ~8,35~.Q0 11. 24" RCP ~torrr~ ~~wer Pip~ ~,~5~ I~F $ 33,4D ~ 44,~~0,~0 1~, ~6"' RCP ~torm ~ewer Pipe 100 LF $ fi4,0~ $ ~,40U.0~ ~4} 8' x 4' Box ~ulver# ~Includ~~ bax c~~vert, headwall, 13, win wa~~~ 8~ ede~tr~an rail~n } ~ ~~ ~~~o,ooa.aD ~ ~2o,DOa.ao 14. ~' ~urb Ir~let ~ 6 EA ~ 2,Z~D.QO ~ 35,~QO.OD 15, ~tarm ~e~rer I~anholelJunctiv~r Box 7 EA ~ ~,BD~~~D $ ~9,E~0,~0 ~~. ~~n~ect t~ ~xi~tir~ ~fi~~ ~t~rm ~ewer ~tub 1 EA ~ 2,5a~.aa ~ 2,~aD.oD ~ 7. Q~HA Trench Protection ~ D~ LF ~ ~~50 $ 50~4D ~#orr~ 1111ater Poll~t'ron Prevention Plan & 18. Implementatian 1 L~ ~ ~0,~0~.0~ $ 40,~00,~0 ~ 9~ ~ontract~r Pr~vided Constructi~n ~takin ~ L~ ~ 25,OD0.~~ $ ~5,oaa.~D ~~. l.ab T~stin 1 L~ ~ ~~,QO~,D~ $ ~~,~DD.DO ~~, ~tree# Li hts 8 ~A ~ ~,5D0.0~ $ 1~,0O~.~D 2~. ~ ~n in~erin F~es 7.5°lo af items ~*~Q ~ L~ ~ 14,~D3.63 $ ~4,9D3~fi~ ~~. ~o~t~~, ~n~~~~ ~~ o~r~ o~ ~t~~,~ ~ -~~ ~ ~~ ~ ~ a~,~~~ .~o ~ ~ a~,~~~ .~a T~TAL ROAQI~VAY IMPR~VEI~~NT~ ~ "~ ~Z~ ~i'~ ~~.'~ ~ E~HI~IT~ ~onst~ucti~n ~~st ~~t~mate V1~a~er ~r~d ~lain ~xtens~on - A~~ng ~~o ~aricway fr~r~ Vllavld~idge ~~ad t~ W~II~ Raad Date: ~~1~9107 _... ~~~~mated Item No~ De~cri tian C~uar~ti Unit klnit Price Yotal Price VII~~ER CRID ~IIAIN ~I~P~~11~~~NT~ ~. 8" ~-90D ~V~ 11Vater Main 10D LF $ ~9.0~ $ 1,9~0.0~ ~. ~ ~~~ ~-~oa ~~rc vuater ~ain ~,ooo ~F ~ ~~.ao ~ ~ as,~oo.aa 3F Fire ~I drant ~ EA $ ~,350.0~ $ ~~,4~0.~0 4. 6" Gate Ilalv~ &~ox ~ EA ~ 6~~.0~ $ 4,375.~Q ~. ~~~ ~~t~ v~i~~ s~ ~ox ~ E~ ~ s~a.o~ ~ ~,~~~~ao ~. ~~~~ ~ate v~~~~ ~ ~ox ~ ~~ ~ ~,~oo.a~ ~ ~,~oo.aa 7. ~~" x 12"' ~r~ss 1 ~A ~ B~.OD $ B~.~Q S. ~~" x 8" Tee 3 EA ~ 55~.OD $ 1,6~~.0~ V• ~ ~1' /M ~I~ ~V~ J ~! i ~ ~~~iV~ ~ V~~ V~.V~ ~ o. s~~ ~iu ~ E~ ~ ~~~.~a ~ ~~~.oo ~ ~ F ~ 4" ~IIy4 V `f { ~ ~~~i~~ ~ ~ j~~1r.~~ ~Z. Cannect to existin 1~" w~ter ma~n sfub 1 ~~ $ ~}50~.00 ~ 1,5D0.0~ 13. E~ ineerin F~es ~.~°lo ~f i~ems 1-~ ~ 1 L~ ~ 11,299.1 ~ ~ 1~,~99. ~ 3 ~4. C~ntin ~ncies ~D°lo of item~ 1-~Z 1 L~ ~ ~5,~G5.50 ~ 1~,06~.5~ T~TAL V~ATER CRI~ I~A1hf IMPR~V~I~~NT~ $ ~~~,0~ 9,~~ E~HIBI~' ~ ~ITY-~EV~L~P~R PARTI~IPATI~N ~~~AP T~tal Cost Es#irna~e City ~hare Est. aevelo~er ~hare E~t. Ro~dway Improvements ~ ~ ,2~4,19~. ~ 3 $ ~07}095.06 $ 647,~95.06 ~~4~1 Irl~l~ I~I~~r~~~V~V~~~ ~ ~~~~~~IJi~V ~ ~ I ~M~~~.1./V ~ ~an~tary ~~wer Improv~ments ~ 34,4~D.00 0 ~ 3~4,4~~~0~ Underground Elect~ical In~tallla#~on ~ 1~ 0,~00.~0 $ - ~ ~ 1~,OD~.O~ ~ ~,~35,~09.75 ~ 784,1 ~4.~9 ~ ~51,49~.OG Amount Currently Av~ila~le $ 334,OO~.D~ ~D~veloper Fund~ ~ ~ 77,0~ 9.~3 ~Trust Fund} $ 511,0~9.63 Amaunt Remaining for F~ture Funding ~ 27~,09~.D6 Note: $~2,4~~ far Park-sid~ sidewalk~ i s na t exper~de~ until final City reim~ursement. r , r , ~~~IIBIT I~ ~ ~ CITY ~F ~~RPU~ CH~I~TI ~ ~ DI~CLO~URE OF INTE~E~T~ City af ~orpus ~hri~ti ardinance 171 ~~, as ~mended, requi~~s ~II pers~~rs ~r #irr~~ seeking to do busines~ uvi~h the City to provide the follovuing information. Every question must be answ~red. If the question i~ not ~pplicable, answer with "fVA". FIR~T NAME; HO~AN DEV~L~PMENT C~I~PANY, L.P. ~TREET; SOD N. ~hareline Drive, Suite ~50 ~~uth Towe~ CIT1I; ~orpus Chri~ti, Ti~ ~IP: ~84~1 FIRM ~~: ~~. C~rpor~tion 0~. Partnership ^3. ~ol~ ~wne~ []4. A~soci~tion ^5. ~ther DI~~I~~~IJRE QIJE~TI~N~ lf additio~al sp~c~ is ne~essary, plea~e use the reverse side of this page or ~tt~ch sep~rate she~t. ~. ~tate the n~mes of ~~ch "emplay~e" ~f the ~ity of ~orpt~s ~hristi having an "o~nership interest" cQnstituti~g 3°Jo ~r mo~e of the ownership in the ~bove n~med "firm~. N~me Jab Title and ~i~y Qepa~t~nent ~if kn~~ur~} N~ne ~. ~tate the names af ~ach "officia~" af the City of ~~rpus Christi having ~~ "~v~rnership interest" constitutir~g ~°lo or more ~f the ownership in the ~~ave nar~ed iifirm". Name Tit~e None 3, ~tate the names of each uboard membe~' of the ~ity of Corpus Christi having an "ownersh~p in#~rest" cor~sti~uting ~°l~ or more of the awnership in the ~bove r~amed "firm". Name Board, ~ommi~sion, or ~omrni~kee None ~. State the names of each employee or offi~~r ot a ucansultant° for the C~ty of ~or~u~ ~hrist~ whv worked an ~ny matter rel~t~d to th~ subj~ct af tl~is cantr~ct arr~ has ~n "ov~rner~hip int~r~st" ~anstitu#ing 35 or more of the awnership in the ahove named "firm". Nar~e C~nsultant -,.~~ ~lo€~~ -_ ~~~riFi~~T~ I certify that all in~ormatian pr~vided is t~ue ~nd c~rrect as of the date vf this ~taternent, that l have not knov~ringly w~thheld dis~losure ~f any in~orr~~ti~n reque~ted; an~ that ~upplemental ~#atement~ will ~e ~romptly ~u~mitted to the ~~ty of Carpu~ ~h~~sti, Texa~ as ~hanges occurF ~erki in Perso~: Neil~ F. Amsler, III _ _ Title: Manager of ~en. Pa~tner ~Y ~ ~'ype ar Print} ~ ~~ ~ F ~ ,~ ~~ Date: ~~gnatur~ of Cert~fy~ng Person.