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Contract - Cressman Enterprises LP - 5/14/2015 II III'II1 11 1111 II 6 AGRGS 2015046231 STATE OF TEXAS § ANNEXATION DEVELOPMENT § AGREEMENT WITH COUNTY OF WILLIAMSON § CRESSMAN ENTERPRISES LP This is an ANNEXATION DEVELOPMENT AGREEMENT by and between THE CITY OF ROUND ROCK, TEXAS ("City") and Cressman Enterprises, LP ("Owner", whether one or more). WHEREAS, Owner is owner of that certain 8.505 acre tract of land more particularly described in Exhibit"A", attached hereto (the "Property"), and; WHEREAS, the City intends to annex the Property, and; WHEREAS, pursuant to Sections 43.035 and 212.172 of the Texas Local Government Code, the City and the Owner desire to enter into this Annexation Development Agreement(the "Agreement"); and WHEREAS, the Owner and the City acknowledge that this Agreement is binding upon the City and the Owner and their respective successors and assigns, and; WHEREAS, this Agreement is to be recorded in the Official Records of Williamson County,Texas NOW THEREFORE, for and in consideration of the promises and the mutual agreements set forth herein, the City and Owner hereby agree as follows: A. PURPOSE The purpose of this Agreement is to comply with all requirements of Sections 43.035 and 212.172 of the Texas Local Government Code pertaining to the annexation of Property into the Round Rock city limits. B. GENERAL TERMS AND CONDITIONS 1. Both parties agree that in consideration of the mutual promises stated herein, that the Property will not be annexed by the City of Round Rock so long as (1) the Property continues to receive an agricultural exemption from the Williamson County Central Appraisal District (the "AG Exemption"), except for existing single-family residential use, and (2) no action is taken by the Owner or his assigns to file a subdivision plat or any related development document for a use unrelated to the agriculture, regarding some or all of the Property. If one or more of the above circumstances occur, the City is authorized to commence proceedings to annex portions of the Property which are either affected by the removal of the AG Exemption, or which are the subject of the development documents. It is expressly understood and agreed that the Owners may 2 . 2 Ot c,--229 develop the Property in phases and that the City of Round Rock will only annex those portions of the Property which are included within"final" subdivision plats. 2. As consideration for the City foregoing annexation proceedings as described above, the Owner hereby authorizes the City to enforce all regulations and planning authority of the City, except for any regulations which interfere with Owner's or tenant's use of the Property for agricultural purposes, wildlife management, recreational enjoyment, or timber production. 3. The Owner agrees that the City's AG- Agricultural zoning requirements apply to the Property, and that the Property shall only be used for AG zoning uses until such time as the Property is annexed into the City of Round Rock. Upon such annexation, the Property will be entitled to be zoned for land uses that are consistent with the official City of Round Rock Comprehensive Plan in effect on the date hereof and such other uses as may be agreed upon by the City of Round Rock and the Owners. 4. The Owner acknowledges that if Owner or any successor or assign violates any condition of this Agreement, then in addition to the City's other remedies, such act will constitute a petition for voluntary annexation by the Owner, and the Property will be subject to annexation at the direction of the Council. The Owner and any successors or assigns agree that such annexation shall be voluntary and the Owner hereby consents to such annexation as though a petition for such annexation had been tendered by the Owner,his successors or assigns. 5. Both parties agree that upon annexation of the Property by the City, the City shall, within 30 days of the effective date of the annexation, initiate an initial zoning of the Property conforming to the land use designation for the Property as shown on the most recent amendment of City's Comprehensive Plan. C. MISCELLANEOUS PROVISIONS 1. Actions Performable. The City and the Owner agree that all actions to be performed under this Agreement are performable in Williamson County,Texas. 2. Governing Law. The City and Owner agree that this Agreement has been made under the laws of the State of Texas in effect on this date, and that any interpretation of this Agreement at a future date shall be made under the laws of the State of Texas. 3. Severability. If a provision hereof shall be finally declared void or illegal by any court or administrative agency having jurisdiction, the entire Agreement shall not be void; but the remaining provisions shall continue in effect as nearly as possible in accordance with the original intent of the parties. 4. Complete Agreement. This Agreement represents a complete agreement of the parties and supersedes all prior written and oral matters related to this agreement. Any amendment to this Agreement must be in writing and signed by all parties. This Agreement runs with the land and shall bind the Property for a term of fifteen years, unless amended by the parties. 5. Exhibits. All exhibits attached to this Agreement are incorporated by reference and expressly made part of this Agreement as if copied verbatim. 6. Notice. All notices, requests or other communications required or permitted by this Agreement shall be in writing and shall be sent by (i) telecopy, with the original delivered by hand or overnight carrier, (ii)by overnight courier or hand delivery, or (iii) certified mail, postage prepaid, return receipt requested, and addressed to the parties at the following addresses: City of Round Rock Owner City Manager Cressman Enterprises, LP,Trustee 221 East Main Street 3200 E. Palm Valley Blvd. Round Rock, Texas 78664 Round Rock,Texas 78665-3904 Williamson County Williamson County Phone: (512)218-5401 Phone: (512)563-1915 7. Force Majeure. Owner and the City agree that the obligations of each party shall be subject to force majeure events such as natural calamity, fire or strike or inclement weather. 8. Conveyance of Property. Any person who sells or conveys any portion of the Property shall, prior to such sale or conveyance, give written notice of this Agreement to the prospective purchaser or grantee, and shall give written notice of the sale or conveyance to the City. 9. Continuity. This Agreement shall run with the Property and be binding on all successors and grantees of Owner. 10. Signature Warranty Clause. The signatories to this Agreement represent and warrant that they have the authority to execute this Agreement on behalf of the City and Owner,respectively. SIGNED as of this �l day of IV t ,2015. CITY OF ROUND ROCK,TEXAS t C eTe)A104-c City of Round Rock,Texas Ivtkvf pre_4_, ATTEST: I ' ' t SARA L.WHITE, City Clerk THE STATE OF TEXAS } COUNTY OF WILLIAMSON } r , )JCL4 ) This instrument was acknowledged before me on the .14+1— day of ,2015, by cGrerw, as Mayor and on behalf of the City of Round Rock,Texas. Gamy-Wh►}e., oc'Pro-Te* :tA.Oria(itOra--) 00..........s/°i ''%, Notary Publ , State of ,% 9.4 puss 40 S. Printed Name:IV(=t4 ei Ail ,�1 ki Ks z. 0 1 0'' i = % h , = My Commission Expires: 9 I9lite t› ate i = �,�xP ��.e,:.% PROPERTY OWNER ' / ,96�--- Cressman Enterprises, LP, Marvin 61esSMA.vt THE STATE OF TEXAS } COUNTY OF7VLLQ i) ocn1} This instrument was acknowledged before me on the 2.z' day of ' ,cQ ) , 2015, By'\QJI t ,.141`Pc- , the b )\t 1 of Cressman Enterprises,LP. \ M./140,9/% 4%`V.• PUc % S.:7-i...)\c\(---11-tit-) - 6\6\--0.)" \.�L0 Notar� ublic, Sate of Texas Printed Name: ►�C' A . 61bYej LO i • 5 ° d�9iFoF1�o °° o My Commission Expires: 1 -) l' 9_016 a) co a) N e 1 I. CO _ o X coo W 1 l o N � JO C. J �NI F� o m 5N m O c� -'-' \ . Q Lo 0 O --) o il‘p\ilk Fo a J 4 1111 U) a) N ...:4. U a) C w C 06 m u) a) L U Development Agreement — Cressman R-2015-2289 AFTER RECORDING, PLEASE RETURN TO: CITY OF ROUND ROCK ATTN: SARA WHITE, CITY CLERK 221 E. MAIN STREET ROUND ROCK, TEXAS 78664 FILED AND RECORDED OFFICIAL PUBLIC RECORDS 2015046231 �FI a Nancy E. Rister, County Clerk <,' Williamson County, Texas \MSOTi June 04, 2015 09:27 AM FEE: $41.00 BARRICK