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HomeMy WebLinkAboutC2012-304 - 9/11/2012 - ApprovedParticipation Agreement Between MPM Development, LP and City Page 1 of 5 PARTICIPATION AGREEMENT STATE OF TEXAS § COUNTY OF NUECES § THIS PARTICIPATION AGREEMENT (hereinafter "Agreement ") is entered into between the City of Corpus Christi (the "City "), a Texas Home -Rule Municipal Corporation, P. O. Box 9277, Corpus Christi, Texas 78469 -9277 and MPM Development, LP ( "Owner "), P. O. Box 331308, Corpus Christi, Texas 78463. WHEREAS, the Owner owns certain real property located in Nueces County, Texas, being 11.797 acres out of Lots 20 and 21, Section 22, Flour Bluff and Encinal Farm and Garden Tracts (the "Property ") as shown on the attached final plat (Exhibit 1), and Owner desires to plat the Property designated on Exhibit 1 as Royal Creek Estates Unit 4, hereinafter referred to as "Plat"; and WHEREAS, as a condition of the Plat, Owner is required to extend and construct Excalibur Road from its existing terminus for a distance of approximately seven hundred eighty (780) feet in order to continue Excalibur Road south along the east side of the existing ditch. Excalibur Road will terminate at the south end of the proposed development as depicted on and in accordance with the improvement requirements set forth on Exhibit 2 (the "Roadway Extension "); and WHEREAS, it is in the best interests of the City to have the public street infrastructure installed by Owner in conjunction with the Owner's final plat; and WHEREAS, Chapter 212 of the Texas Local Government Code authorizes a municipality to make a contract with an owner of a subdivision or land in the municipality to construct public improvements related to the subdivision or land; and WHEREAS, this Agreement complies with Texas Local Government Code §212.071 et seq. and the Unified Development Code, Section $_4.1 (A). NOW, THEREFORE, in order to provide a coordinated public street construction project, the City and Owner agree as follows: Subject.to the terms of this Agreement and the Plat attached and incorporated as Exhibit 1, Owner will construct the Roadway Extension for and on behalf of the City in accordance with the plans and specifications as are approved by the City Engineer on behalf of the City. 2012 -304 9111112 M2012 -163 MPM Development LP INDEXED Participation Agreement Between MPM Development, LP and City Page 2 of 5 The parties acknowledge and confirm the Preliminary Reimbursement Cost Estimate for construction of the Roadway Extension, attached and incorporated as Exhibit 2 (the "Cost Estimate "). Subject to the limitation below, Owner shall pay a portion of the costs of construction of the Roadway Extension. Subject to the limitation set forth below, the City shall pay the remaining portion of the costs of construction of the Roadway Extension, designated as the total amount reimbursable on the Cost Estimate attached as Exhibit 3. Notwithstanding any other provision of this Agreement, the total that the City shall pay for the City's agreed share of the costs of the Roadway Extension shall not exceed $88,000.00. The City shall reimburse the Owner the City's agreed costs of the Roadway Extension monthly, based on the percentage of construction completed, upon receipt of Owner's invoice for the work performed. Such reimbursement shall be made payable to: MPM Development, LP Attn: Vahid Mostaghasi P. O. Box 331308 Corpus Christi, Texas 78463 The invoices must be paid no later than thirty (30) days from the date of the Owner's invoice. Owner shall submit all required performance bonds and proof of required insurance in accordance with applicable laws. Owner shall submit standard contract documents for review and approval. Throughout construction, the City shall conduct periodic inspections and either approve the progress of the Roadway Extension or promptly notify Owner of any defect, deficiency or other non - approved condition in the progress of the Roadway Extension. In accordance with Section 212.073, Texas Local Government Code, Owner shall cause the construction contractor that Owner engages to construct the Roadway Extension to execute a performance bond for the construction of the Roadway Extension improvements to ensure completion of the project. The bond must be executed by a corporate surety in accordance with Chapter 2253, Texas Government Code. OWNER COVENANTS TO FULLY INDEMNIFY, SAVE AND HOLD HARMLESS THE CITY OF CORPUS CHRISTI, ITS OFFICERS, EMPLOYEES, AND AGENTS, ( "INDEMNITEES ") AGAINST ANY AND ALL LIABILITY, DAMAGE, LOSS, CLAIMS, DEMANDS SUITS AND CAUSES OF ACTION OF ANY NATURE WHATSOEVER ASSERTED AGAINST OR RECOVERED FROM CITY ON ACCOUNT OF INJURY OR DAMAGE TO PERSON INCLUDING, WITHOUT LIMITATION ON THE FOREGOING, WORKERS COMPENSATION AND DEATH CLAIMS, OR PROPERTY LOSS OR DAMAGE OF ANY OTHER KIND WHATSOEVER, TO THE EXTENT ANY INJURY, DAMAGE, OR LOSS MAY BE INCIDENT TO, ARISE OUT OF, BE CAUSED BY, OR BE IN ANY WAY CONNECTED WITH, EITHER PROXIMATELY OR Participation Agreement Between MPM Development, LP and City Page 3 of 5 REMOTELY, WHOLLY OR IN PART, THE CONSTRUCTION, INSTALLATION, EXISTENCE, OPERATION, USE, MAINTENANCE, REPAIR, RESTORATION, OR REMOVAL OF THE PUBLIC IMPROVEMENTS ASSOCIATED WITH THE PLATTING AND CONSTRUCTION OF THE ROADWAY EXTENSION OF ROYAL CREEK ESTATES UNIT 4 DURING THE PERIOD OF CONSTRUCTION, INCLUDING THE INJURY, LOSS OR DAMAGE CAUSED BY THE SOLE OR CONTRIBUTORY NEGLIGENCE OF THE INDEMNITEES OR ANY OF THEM, REGARDLESS OF WHETHER THE INJURY, DAMAGE, LOSS, VIOLATION, EXERCISE OF RIGHTS, ACT, OR OMISSION IS CAUSED OR IS CLAIMED TO BE CAUSED BY THE CONTRIBUTING OR CONCURRENT NEGLIGENCE OF INDEMNITEES, OR ANY OF THEM, BUT NOT IF CAUSED BY THE SOLE NEGLIGENCE OF INDEMNITEES, OR ANY OF THEM, UNMIXED WITH THE FAULT OF ANY OTHER PERSON OR ENTITY, AND INCLUDING ALL EXPENSES OF LITIGATION, COURT COSTS, AND ATTORNEYS FEES, WHICH ARISE, OR ARE CLAIMED TO ARISE, OUT OF OR IN CONNECTION WITH THE ASSERTED OR RECOVERED INCIDENT. THIS INDEMNITY SURVIVES TERMINATION OF THIS AGREEMENT. In compliance with City of Corpus Christi Ordinance No. 17112, Owner agrees to complete the Disclosure of Ownership Interests form Exhibit 4 (attached and incorporated). This Agreement shall be executed in triplicate, all original copies of which shall be considered one instrument. *This Agreement becomes effective and is binding upon, and inures to the benefit of the City and Owner from and after the date that all original copies have been executed by all signatories. EXECUTED in triplicate originals *this - A day of , 2012. Signatures are found on Pages 4 and 5. Participation Agreement Between MPM Development, LP and City Page 4 of 5 OWNER: MPM Development, LP Vahid ,President fAQ34*,k..s % THE STATE OF TEXAS § COUNTY OF NUECES § This instrument was signed by Vahid Mostaghasi, President of MPM Development, LP., and acknowledged before me on the �_ day of � , 2012. CINDY SUENO Notary Pubft ;'• - STATE of TEXAS Notary bliC, State of Texas `., °s my comm. tap. 11 -04 -2015 Participation Agreement Between MPM Development, LP and City Page 5 of 5 CITY OF CORPUS CHRISTI (`City ") P. O. Box 9277 Corpus Christi, Texas 78469 Telephone: (361) 880 -3500 Facsimile: (361) 880 -3 ATTEST: By: By: Armando Chapa City Secretary THE STATE OF TEXAS § COUNTY OF NUECES § This instrument was signed by Armando Chapa Secret Texas, and acknowledged before me on the � ay of ett� P' MONIQUE TAMEZ LERMA Nro :41 Notary Pubfic 3 STATE RE TEXAS ti. N My Comm. Exp. 01- 20.2013 THE STATE OF TEXAS § COUNTY OF NUECES § , for the .City of Corpus Christi, PVMU�2oU-, - v Putfic. State of Texas This instrument was signed by Ronald Olson, City Manager, for the City of Corpus Christi, Texas, and acknowledged before me on the [ q k day of 8eak mLz& , 20j- ESTHER VELAZOMUEZ My Commission EXPIres July 05, 207 4 Notary Public, State of x s , �-1� �► C" IWIL K.\DEVEL0PMRNT SERVICESIPARTICIPATION AGREENIEWAROYAL CREEK ESTATES UNIT AIPARTICIPATION AGREEIENT.LEGAL 05232012.DOC �rn �f IV � SrAIE 9F iE11A5 D CGVHIY of Nu[CCS § ' NE. AIAIA 13EVES.Op1AE111, [p, NEAEpY oERHFI' iiL4T WE nRF. iXE O'MICRS CF rHF Wlp EMBRACED YAIHIH 1NE ROUIiCAgiEL OF 1HE FOAEGO!v PLAT. SU &ECr TO A LIEry +H FAVpR OF �IIpWN, rI1Al tmEEl$ Nt^ EAS F Rs AS�I Y R� H[(�iEi� -09E ^F(kG(0�6R� NO1 PRry,OUSiY pEGtGiW, ARE HERESY pm,L'YiEp ip FNC PVOUO USE FORy I[X, Allp rHnt THIS Plni WAS MApE mR SHE PIIRPOSCS pF pEaGRIpR011 ANQ.'0[pt; gllp,f. rius IF_ cAY Cp - vAlOp KBS1AGwiSI, GENEkpy > srnTE of rl -.vrs i -ONW OF 1-CES g rIt15 IlsgRU}tplr W,s AC- 111EVCFp evOm. AtE P! YNilp A!o2TAGl44£r. 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COVI@1R LI,SS ns S112Vrs rllis 9 1- 106.0 I]hT0 SF it -- --"-- SILET STR PPE = EELOFXCrvr LPAIOi _ fFSEr-fnr- 0 Exv[PE C H l II![s 1 f f ` I L�ISTrsVCil0i1 gF SII8p1Y15 [44 E•5 [S PLRStED. p9C !I ^. t % ; ] I 529° ❑2' 10' W Lar Eo I L2 I,RovcxE — r Ienu PLAT OF ._. J Gj'I sr, 1FG.00' 3P 21' Ns "57 so'W 59.60' xx. ROYAL CREEK ESTATES UNITS 4 ]D' 30• �/ ,¢9D• " , , 180. no r �,rlm •faG. oo• 529'02' 10'W1 ° �. 2 (CONTINUED) CORPUS CHRISTI, NGQ' q6, 00' _ �9T'R rE�¢wAT n�EE,E Eb6F la NUECE COUNTY, TE XAS I - 7' SL1' !J t sRx - -rt ---- racy Is PLarsro, o SO' 60 126' _ n l0 1 J �lOC ENP 4aE USU`.pcn E.-'m PrEA10,5 P. ____ ¢Pfi. SCAL 1 N0 & S L o54 sG I En 19 T_ s ° c 3 1 ES 0„J, al 0 /2zr1^ _ N 1 266. p0' E� c P d " Le]- slzcvc a Ito "' ' t'[1knuS CHRIST 1, TE %AC 70401 EHECT Y Q d w ROYAL CREEK ESTATES UNIT z 1 V. 64, Q 27 & 28, M. R. J } ® 25 N m I I o J 1 281 I a D 27 f I I z I w °Z a 1 0 26 n I 5 .1 I L... J Fi - i�ue �; — - Z 1 6 `:o Q I I LL 25 M- _I W 5 in I I aJ 241 � I rn o �,y 1 I 23 I— L- 20' DE — PRIN — CESS PEGHA PL. F-- - I L- 1 UE 6 F I 1- ROYAL CREEK ESTATES UNIT 4 2 Ex 7 r STREET REIMBURSEMENT AT PARK ° tx w d s w .. z e l 3 J O W d w Q U 1 14 W I W 9 Z 4 10 � I IA 5 3d' 30` BASS AND WELSH ENGINEERING rn b CORPUS CHRISTI, TX r SURVEY REG. NO. 100027 -00, TX ENGINEERING REG. NO. F -52, FILE: -j N EKE-STR REIMBI, JOB NO. 42001, SCALE: 1 ° = 1 QO' PLOT SCALE: SAME, PLOT DATE: 05/14/12, SHEET 4 OF 2 EXHIBIT 2 Page 1 of 2 45' BB STREET DENSITY . B' CRUSHED LIMESTONE BASE TO MEET REQUIREMENTS 2" TYPE 'D' HMAC ON PRIME COAT ® 0.15 OF CRY STANDARD SPECIFICATlDN 025222 'R.EXIBLE BASE - HIGH STRENGTH'. COMPACT TO 9M MODIFIED GALLONS PER SQUARE YARD (NO SEPARATE PAY PROCTOR DENSITY AT A MOISTURE CONTENT NOT Los THAN TR POINT BELOW OPTIMUM MOUSTURE NOR AND COMPACTED TO 989 STANDARD PROCTOR DENSITY WHIN MORE THAN 3X POINTS ABOVE OPTIMUM MOISTURE FOR PRIME COAT) SIDE. LIME SHALL BE APPLIED AT THE RATE OF 27 U WSY tD' zD' 2D' � 1.0' TYP_ W CROWN FROM OL STREET 22 _ LIP OF GUTTER '. DENSITY . B' CRUSHED LIMESTONE BASE TO MEET REQUIREMENTS �fi' CITY Sli. R/C CURB AND GUTTER (TYPICAL NTH S13 OF CRY STANDARD SPECIFICATlDN 025222 'R.EXIBLE BASE - HIGH STRENGTH'. COMPACT TO 9M MODIFIED LIME STABuzED suBORADE TD 1' Be BOTH SIDES OF STREET PROCTOR DENSITY AT A MOISTURE CONTENT NOT Los THAN TR POINT BELOW OPTIMUM MOUSTURE NOR AND COMPACTED TO 989 STANDARD PROCTOR DENSITY WHIN MORE THAN 3X POINTS ABOVE OPTIMUM MOISTURE lW0 PERCENTAGE PIXNTS OF OPTIMUM MOISTURE ON THE HIGH SIDE. LIME SHALL BE APPLIED AT THE RATE OF 27 U WSY TYPICAL STREET SECTION - 60' ROW NTS ROYAL CREEK ESTATES UNIT 4 . STREET REIMBURSEMENT AT PARK 1'=100' BASS AND WELSH ENGINEERING CORPUS CHRISTI, TX SURVEY REG, NO. 100027 -00, TX ENGINEERING REG. N0, F -52, FILE: EXB -STR REIMB2, JOB NO. 12001, SCALE: NTS, PLAT SCALE: 1 "= 100' PLOT DATE: 05/03/12, SHEET 2 OF 2 EXHIBIT 2 Page 2 of 2 ROYAL CREEK ESTATES UNIT 4 12001 -STR -REIMS STREET AND SURFACE ITEMS AT PARK 5/14/2012 REIMBURSEMENT ESTIMATE ITEM I DESCRIPTION QUANTITY UNIT UNIT PRICE AMOUNT STREET 8 SURFACE ITEMS AT PARK CITY HALF OF STREET 1. 6' CURB 8 GUTTER 785 LF 15.00 $ 11,775.00 2. 8' CONCRETE WALK (50 %) 3140 SF 4.00 $ 12,560.00 3. 2' HMAC 1555 SY 16.00 $ 24,880.00 4. 8' CRUSHED LIMESTONE BASE 1555 SY 16.60 $ 25,813.00 S. 8' LIME STABILIZED SUBGRADE 1817 SY 6.85 $ 12,446.45 6. CLEARING & GRUBBING 1 LS 3,500.00 $ 2,500.00 7. EXCAVATION 1 LS 16,100.00 $ 16,100.00 8. SWPPP 1 LS 1,200.00 $ 1,200.00 9. 10. 11, 12. SUBTOTAL J$ 107,27445 11% ENGINEERING & SURVEYING 11,800.19 TOTAL AMOUNT REIMBURSEABLE $ 119,074.64 Page 1 of 1 EXHIBIT 3 i CITY OF CORPUS CHRISTI DISCLOSURE OF INTERESTS 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". FIRST NAME: JG 8 p MCIC STREET: OO 33130Ir CITY: eG- ZIP: 7A63 FIRM IS: ❑1. Corporation ❑2. Partnership ❑3. Sale Owner ❑4. Association ❑5. 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 A— Job Title and City Department (if known) 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 i Title 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 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 35 or more of the ownership in the above named "firm ". Name /A CERTIFICATE Consultant I certify that ail 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: j j 5f � 4 � /r a 1 A(4 &r � fy g � Title: - (Type or Print) Signature of Certifying Person: a d5 Date: EXHIBIT 4