Loading...
CM-2025-212 - 8/22/2025 ELECTRONICALLY RECORDED 2025068231 Williamson County,Texas Total Pages: 6 ASSIGNMENT AND ASSUMPTION OF CONSENT AND DEVELOPMENT AGREEMENT (City of Round Rock) THIS ASSIGNMENT AND ASSUMPTION OF CONSENT AND DEVELOPMENT AGREEMENT (this "Assignment") is made and entered into effective as of August 14, 2025 (the "Effective Date"), by and between DEBRA KAY BRIGGS and MARC BRIGGS (collectively "Assignor"), to JEN AUSTIN 8 LLC, a Texas limited liability company ("Assignee"). RECITALS: A. City of Round Rock,Texas, a home-rule city located in Williamson County, Texas ("City") and Assignor; as the "Owner" thereunder, have previously entered into that certain Consent and Development Agreement dated effective June 12, 2025 (the "Development Agreement"), which has been recorded under Document No. 2025062482 of the Official Public Records of Williamson County, Texas; B. Contemporaneously herewith, Assignor has sold and conveyed to Assignee all of the approximately 230 acres of real property Located entirely within the corporate boundaries of the City which is more particularly described, and defined as the "Land", in the Development Agreement; and C. Assignor desires to assign to Assignee, and Assignee desires to assume, all of Assignor's rights, title, duties, interests and obligations under the Development Agreement as set forth therein. AGREEMENT: Now,THEREFORE, for and in consideration of Ten Dollars ($10.00) cash in hand paid by Assignee, the receipt and sufficiency of which are hereby acknowledged, and in further consideration of the mutual covenants and agreements herein contained, Assignor and Assignee agree as follows: I. Assignment. As of the Effective Date, Assignor transfers, assigns and conveys to Assignee, on an "As-Is" basis and without recourse or warranty of Assignor (except as expressly set forth below in Section 3 of this Assignment), all of the rights, title, duties, interests and obligations of Assignor, as "Owner" or in any other capacity (if applicable), under the Development Agreement. 2. Assumption. As of the Effective Date, Assignee hereby accepts all of the rights, title and interests under the Development Agreement,and assumes and agrees to perform a]I duties and obligations of Assignor, as "Owner" or in any other capacity (if applicable), under the Development Agreement from and after the Effective Date. Page I I 45796848v.3 2025068231 Page 2 of 6 3. No Prior Conveyance or Assignment by Assignor. Assignor represents and warrants to Assignee that Assignor has not previously conveyed or assigned any of its rights, obligations, interests, powers and/or duties in, to and under the Development Agreement thereunder or otherwise to any other party. 4. Successors and Assigns. This Assignment will be binding upon and inure to the benefit of Assignee and Assignor and their respective heirs, legal representatives, successors and assigns. 5. Choice of Law. This Assignment will be governed by, construed, and interpreted in accordance with the substantive laws of the State of Texas. 6. Counterparts, This Assignment may be executed in counterparts, all of which together will constitute one agreement binding on all parties hereto, even though all parties did not sign the same original or counterpart. [REMAINDER OF PAGE LEFT IVTE;,'TIO,VALLI'BL.4ATK] Page 2 145796848v.3 2025068231 Page 3 of 6 IN WI'T'NESS WHEREOF, the parties hereto have executed this Assignment to be effective as of the Effective Date set forth above. ASSIGNOR: DEBRA KAY BRI GS RC B THE STATE OF TEXAS § COUNTY OF, ®J\� § This instrument was acknowledged before me this day of August, 2025, by Debra Kay Briggs. JritrlE KAATZ Nota ublic for the tate o exas My Notary ID 4 6145469 y Expires Jij'y 39 2026 THE STA'L'E OF TEXAS COUNTY OF ;�A% § This instrument was acknowledged before me this l day of August, 2025, by Marc Briggs. "i -- --- -' = Notar ublic for the SVate of xas ppi�gg A r' i n Ilii IVQ.Cairj ID#6 IE F E p c h.; ^1 7 ' V Page 3 145796848v3 2025068231 Page 4 of 6 ASSIGNEE: JEN AUSTIN 8 LLC a Texas limited 1' ility ompany By: Name: Title: S,neo STATE OF TEXAS § COUNTY OF § This instrument was acknowledged before me on August , 2025, by 1AU-k ut,L 66'v' n , 0 6- (..L, — of JEN Austin 8 LLC, a Texas limited liability comp ny, on behalf of said limited liability company. Notary Public or the State of fexas Page 4 145796848v3 2025068231 Page 5 of 6 CONSENT OF CITY MANAGER OF ROUND ROCK, TEXAS In accordance with the terms of Section 1 1.03(a) of the Development Agreement, the City Manager of the City hereby consents to the assignment by Assignor to Assignee,as of the Effective Date, of all of the rights, title, duties, interests and obligations of Assignor, as "Owner" or in any other capacity (if applicable), under the Development Agreement which is evidenced by the above Assignment. CITY MANAGER OF CITY OF ROUND ROCK, TEXAS By: Name: r VWIXLi � Title: City Manager STATE OF TEXAS,. § j1 S COUNTY OF This in ument was acknowledged before me on August ` , 2025, by City Manager of the City of Round Rock, Texas, acting in such capacity as City Manager on behalf of said city. MONIQUE DAMS ID#126257913 y` My Notary Notary Pub is for the State of Texas Expires March 22,2026 &OFA{ Pa,-,e 1 145796848%.3 2025068231 Page 6 of 6 ELECTRONICALLY RECORDED OFFICIAL PUBLIC RECORDS 2025068231 Pages: 6 Fee: $41.00 08/29/2025 09:23 AM KWEEMS Nancy E. Rister, County Clerk Williamson County,Texas