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R-2018-5274 - 3/22/2018 RESOLUTION NO. R-2018-5274 WHEREAS, the City of Round Rock ("City") and the State of Texas, acting by and through the Texas Department of Transportation ("State") have entered into an agreement setting out procedures and responsibilities for the acquisition of property to be used in the construction of proposed improvements to RM 620 in the City; and WHEREAS, the City of Round Rock used its eminent domain authority and initiated a condemnation suit j or the acquisition of certain property from Regency Centers, L.P. ("Regency"), with such property to be used for improvements to RM 620; and WHEREAS, the City/State and Regency have now agreed to enter an uncontested compensation award in condemnation suit Cause No. 18-0207-CC4 for the property to be acquired as part of the RM 620 construction project (Parcel 26); and WHEREAS, in order to set forth the specific terms and procedures for entry of the uncontested compensation award the City, the State, and Regency wish to enter into a Rule 11 Condemnation Settlement Agreem,nt. NOW THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, T°EXAS, That the Mayor is hereby authorized and directed to execute on behalf of the City and State a Rule 11 Condemnation Settlement Agreement with Regency Centers, L.P., a copy of same being attached hereto as Exhibit "A" and incorporated herein for all purposes. The City Council hereby finds and declares that written notice of the date, hour, place and subject of the meeting at which this Resolution was adopted was posted and that such meeting was open to the public is required by law at all times during which this Resolution and the subject matter hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act, Chapter 551, Texas Government Code, as amended. 0112.1804;00397228 RESOLVED this 22nd clay of March, 2018. 4 m / CRAIG MORG N, Ma City of Round ock, Te s ATTEST: WWL" SARA L. WHITE, City Clerk 2 LEX,HIBIT A„ sheets &Crossfield, P.C ATTORNEYS AT LAW 309 East Main Street.Round Rock,TX 78664-5246 Phone 512-255-8877.fax 512-255-8986 February 16, 2018 RULE 11 CONDEMNATION SETTLEMENT AGREEMENT Via e-mail criktompkins@regencycenters.com Erik Tompkins Director, Property Operations—Central Region 3700 Buffalo Speedway, Suite 560 Houston,Texas 77098 Re: RM620—City of Round Rock Cause No. 18-0207-CC4 TxDoT Parcel No. 26 Dear Erik: Please allow this letter to constitute a Rule 11 Settlement and Condemnation Agreement between City of Round Rock, Texas and The State of Texas ("State") and Regency Centers, L.P. ("Regency") in connection with the project identified herein and the property to be acquired as part of the RM 620 construction project. The terms of this Agreement and the settlement reached are follows: 1. State agrees to pay, and City agrees to accept, the total sum of$71,610, which amount is apportioned as follows: (a) $56,110 for the 0.035 acre of fee simple right of way (Parcel 26) and (b) $15,500 for the 0.102 acre Public Utility Easement (Parcel 26 PUE) sought to be acquired in a proposed condemnation suit, any improvements contained within the right of way, and any damages to or costs for reconfiguration of the remaining property of Regency. The property and easement rights to be acquired are further described in Plaintiff's Original Petition for Condemnation on file in this Cause. The parties agree that an Agreed Special Commissioners Award in this amount shall be entered by the appointed commissioners at a hearing to be scheduled by State to occur on a date as soon as possible after execution of this Agreement, and which hearing may occur with less than 20 days advance notice to Regency if necessary. 00395736.DOC 2. State ap0rees to deposit the sura of$71,610.00 in the registry of the court or pay such amount directly to Regency within 14 days after the entry of the Agreed Special Commissioners Award as set out herein. 3. It is agreed that neither State nor Regency shall File objections to the Award of Special Commissioners in this cause as long as State deposits or pays the amount of the Award pursuant to the terms as stated herein. If this letter correctly sets forth the terms of our Rule 1.1 agreement and the settletnent reached between the State and Regency, please so indicate by having the appropriate person execute this letter in the space indicated below on behalf of Regency. Very truly YOUrs, d,- Doli Childs Sheets& Crossfield, P.C. Attorneys for City of Round Rock, Texas and The State of Texas AGREED AND ACCEPTED: REGENCY CENTERS,, L.P. B ick Kr Its: Senior Vice f resident AGREED AND AC(...EP'I'ED: CITY OF ROUND ROCK and TI-IE STATE OF TEXAS, acting by and through the City of Round Rock By: Craig Morgan, Mayor 2