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Contract - Williamson Central Appraisal District (WCAD) - 12/4/2025 STATE OF TEXAS § FIRST AMENDMENT TO § REIMBURSEMENT AGREEMENT COUNTY OF WILLIAMSON § This First Amendment to Reimbursement Agreement("First Amendment")is made by and among the Williamson Central Appraisal District ("WCAD"), the City of Round Rock, Texas ("City"), and Williamson County, Texas ("County") (each a "Party" and collectively the "Parties"), acting by and through their authorized representatives. RECITALS: WHEREAS, the Parties previously entered into that certain Reimbursement Agreement dated May 13, 2025 (the "Original Agreement'); and WHEREAS, the Litigation Cost that the City and County previously agreed to reimburse WCAD have exceeded $100,000.00 each for the City and the County beginning July 2025; and WHEREAS,City and County desire to reimburse WCAD for additional litigation costs as set forth herein; NOW THEREFORE,in consideration of the mutual covenants set forth herein,and other valuable consideration, the sufficiency and receipt of which are hereby acknowledged, the Parties agree as follows: 1. That Article II of the Original Agreement shall be amended by adding Section 2.1.2 Additional Share of Litigation Costs, to read as follows: "2.1.2 Share of Additional Litigation Costs. Beginning on the Effective Date and continuing during the term of this Agreement,City and County each agree to share additional litigation costs up to an amount of $175,000 each (the "Additional Litigation Costs")each utilizing their tax rate to determine their portion of the Additional Litigation Costs as set forth below: Tax Rates 2024 Williamson County - 0.355670 RFM - 0.044329 Round Rock City - 0.360000 Total Tax Rate (City and County)= .759999 County portion=(.355670+.044329)/.759999= .5263 or 52.6% City portion= .360000/.759999= .4737 or 47.4% City and County shall each pay their respective share of the Additional Litigation Costs to WCAD within thirty (30) days after receipt of a written invoice or statement from WCAD. PAGE 1 FIRST AMENDMENT TO REIMBURSEMENT AGREEMENT WILLIAMSON CENTRAL APPRAISAL DISTRICT,CITY OF ROUND ROCK,AN D WILLIAMSON COUNTY 4916-5410-1113,v. 1 �-2-N,5-,3)` The Parties hereby agree that any additional funding over and above the amount of Additional Litigation Costs from the City and from the County that may be needed during the term of this Agreement must be agreed to, in advance, by the Parties pursuant to a written amendment." 2. That the Original Agreement shall continue in full force and effect, except as amended by this First Amendment. 3. That this First Amendment shall be effective on the date this First Amendment (including all counterparts)bears the signature of the authorized representatives of all the Parties. 4. That this First Amendment may be executed in counterparts. Each of the counterparts shall be deemed an original instrument, but all the counterparts shall constitute one and the same instrument. 5. That each Party represents that it has full capacity and authority to grant all rights and assume all obligations that are granted and assumed under this First Amendment. (Signature Page to Follow) PAGE 2 FIRST AMENDMENT TO REIMBURSEMENT AGREEMENT WILLM MSON CENTRAL APPRAISAL DISTRICT,CITY OF ROUND ROCK,AN D WII.LIAMSON COUNTY 4916-5410-1113,v. 1 EXECUTED this day of ()C�c wjA �e f 2025. WILLIAMSON CENTRAL APP ISAL DISTRICT B Alvin Lankford, Chief Appraiser i EXECUTED this day of 2025. CITY OF ROUND ROCK,TEXAS By: Brooks Bennett, City Manager EXECUTED this 25th day of November , 2025. WILLIAMSON COUNTY,TEXAS 1F:'+"cj0 By: Steven Snell,County, Judge PAGE 3 FIRST AMENDMENT TO REIMBURSEMENT AGREEMENT WILLIAMSON CENTRAL APPRAISAL DISTRICT,CITY OF ROUND ROCK,AN D WILLIAMSON COUNTY 4916-5410-1113,v.1 EXECUTED this day of ..2025. WILLIAMSON CENTRAL APPRAISAL DISTRICT By: Alvin Lankford,Chief Appraiser EXECUTED this day of _fce.nbo" .2025. CITY OF ROUND ROCK,TEXAS By: & 14� z Cr ig Mor n, Mayor EXECUTED this day of , 2025. WQ.LIAMSON COUNTY,TEXAS By: Steven Snell,County,Judge PAGE 3 FIRST AMENDMENT TO REIMBURSEMENT AGREEMENT WILLIAMSON CENTRAL APPRAISAL DISTRICT,CITY OF ROUND ROCK,AN D Wu.LIAMSON COUNTY 4916-5410-1113,v.1