Loading...
R-2026-001 - 1/22/2026 RESOLUTION NO. R-2026-001 WHEREAS, the City of Round Rock ("City") and SDC Austin LLC ("Developer") desire to cooperate in the design and construction of certain improvements to Bryant Drive between Rachel Lane and Double Creek Drive ("Project") as shown on Exhibit"A" of the Cost Participation Agreement; and WHEREAS, the City and Developer desire to enter into a Cost Participation Agreement to set forth their mutual intent and understanding regarding said Project,Now Therefore BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS, That the Mayor is hereby authorized and directed to execute on behalf of the City a Cost Participation Agreement with SDC Austin LLC, 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 as 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. RESOLVED this 22nd day of January, 2026. 41,41 CRAJ MO AN, Mayor City of Rou d Rock, Texas ATTEST: FRANKLIN, City Clerk 0112.20262 EXHIBIT A COST PARTICIPATION AGREEMENT BY AND BETWEEN THE CITY OF ROUND ROCK,TEXAS AND SDC AUSTIN LLC This Cost Participation Agreement ("Agreement") is made and entered into this day of , 2025 by and between the City of Round Rock, Texas (the "City"), a home rule municipal corporation of the State of Texas, and SDC Austin LLC, a Delaware limited liability company("Developer"). RECITALS WHEREAS, the City and Developer desire to cooperate in the design and construction of certain improvements to Bryant Drive between Rachel Lane and Double Creek Drive; and WHEREAS, the total estimated cost of the entire Project, including engineering, surveying, geotechnical, environmental, right-of-way acquisition, construction, construction inspection and construction testing is $7,014,479.80; and WHEREAS,the City has committed to providing a total funding towards the Project in an amount not to exceed $441,499.80 and the Developer has committed the remaining funds necessary to complete the Project, estimated at $6,572,980.00 (the "Estimated Costs"); and WHEREAS, the purpose of this Agreement is to outline each party's duties and obligations; NOW, THEREFORE, in consideration of the mutual covenants and conditions herein contained, the parties agree as follows: I. 1. Recitals.The recitals set forth above are incorporated herein for all purposes and are found by the parties to be true and correct. It is further determined that both parties have authorized and approved this Agreement, and that this Agreement will be in full force and effect when executed by each party. 2. Project Description. The Project is defined as the design and construction of an extension to Bryant Drive between Rachel Lane and Double Creek Drive,designed to an Urban Standard(as defined in Round Rock Code of Ordinances) including the installation of sidewalks, drainage and turn lanes, as shown on Exhibit "A", attached hereto and incorporated herein by reference for all purposes. (the"Project"). 3. Project Design and Construction Costs. (a) City shall pay to Developer the amount of$441,499.80("City's Contribution"), as set forth in Exhibit`B,"attached hereto and incorporated herein by reference for all purposes. (b) Developer shall be wholly responsible for the design and construction of the Project. In the event that the costs incurred by Developer for construction of the Project exceed the Estimated Costs,then the Developer shall bear sole responsibility for completing the Project. (c) City shall remit payment of City's Contribution to Developer upon construction, inspection, and dedication of the Project and acceptance by the City as a public improvement. H. Miscellaneous 1. Prior Written Agreements.This Agreement is without regard to any and all prior written contracts or agreements between the City and Developer regarding any other subject or matter, and does not modify, amend,ratify,confirm, or renew any such other prior contract or agreement between the parties. 2. Other Services. Nothing in this Agreement shall be deemed to create, by implication or otherwise, any duty or responsibility of either of the parties to undertake or not to undertake any other,or to provide or to not provide any service,except as specifically set forth in this Agreement or in a separate written instrument executed by both parties. 3. Governmental Immunity. Nothing in this Agreement shall be deemed to waive, modify or amend any legal defense available at law or in equity to either of the parties, nor to create any legal rights or claims on behalf of any third party.Neither the City nor Developer waives,modifies, or alters to any extent whatsoever the availability of the defense of governmental immunity under the laws of the State of Texas and of the United States. 4. Amendments and Modifications. This Agreement may not be amended or modified except in writing executed by both the City and Developer. 5. Severability. If any provision of this Agreement shall be held invalid or unenforceable by any court of competent jurisdiction, such holding shall not invalidate or render unenforceable any other provision hereof,but rather this entire Agreement will be construed as if not containing the particular invalid or unenforceable provision or provisions, and the rights and obligations of the parties shall be construed and enforced in accordance therewith. The parties acknowledge that if any provision of this Agreement is determined to be invalid or unenforceable,it is their desire and intention that such provision be reformed and construed in such a manner that it will, to the maximum extent practicable, to give effect to the intent of this Agreement and be deemed to be validated and enforceable. 6. Gender, Number and Headings. Words of any gender used in this Agreement shall be held and construed to include any other gender, and words in the singular number shall be held to include the plural,unless the context otherwise requires.The headings and section numbers are for convenience only and shall not be considered in interpreting or construing this Agreement. 7. Execution in Counterparts. This Agreement may be simultaneously executed in several counterparts,each of which shall be an original and all of which shall be considered fully executed 2. as of the date above first written, when all parties have executed an identical counterpart, notwithstanding that all signatures may not appear on the same counterpart. 8. Notice. All notices shall be in writing and shall be deemed effective upon receipt by the addressee after being sent by certified or registered mail or by Next Day Air to the addresses listed below: City of Round Rock: Attn:City Manager City Hall 221 East Main Round Rock, Texas 78664 Developer: SDC Austin LLC 12201 Tukwila Int'l Blvd,4th Floor Tukwila, Washington 98168 9. Force Majeure. Parties shall not be deemed in violation of this Agreement if prevented from performing any of their obligations hereunder by reasons for which they are not responsible or due to circumstances beyond their control. However, notice of such impediment or delay in performance must be timely given, and all reasonable efforts undertaken to mitigate its effects. [Signatures on the following page] 3. IN WITNESS WHEREOF,the parties have executed and attested this Agreement by their officers thereunto duly authorized. DEVELOPER SDC AUSTIN LLC a Delaware limited liability company John Wilson By: John Wilson IDm 2.2025 11:20:37 11n John Wilson Name: CFO Title: CITY OF ROUND ROCK,TEXAS By: Craig Morgan, Mayor Attest: Ann Franklin, City Clerk For City,Approved as to Form: Stephanie Sandre,City Attorney 4. Exhibit A (Project Description) 5. EXHIBIT A PUBLCILLUMINAT'_ N POLE I yaS3?s. SEE SHEEOR DETAILS --- - ----- -. ..I PRC STA 4.37.25 o m Q Per ST-06 364 LF OF CURB AND OU ER 78 i LIMITS OF CORR STA4.7 m� CONTRIBUTION FOR c0 • ; ��� BRYANT DRIVE \ 7 cet R 46, 4 aCONSTRUCTION )y CONNECT TO&MATCH BRYANT DRIVE EXTENSION I _ DEVELOPED BY SDP2212 0002 PROPERTY BOUNDARY ° ' x MW BRYANT DI STA:5+52.19 R j � -yi 206CFOr-CURB AND � � z°';s'� m (CALLED 70'R.O.V+ I GUTTER III CJ 1 BRYANT DRIVE CENTER LINE R?sQ Y t •rrr _ EP STA:6+67.13 �._`_ _ _ ONCOR R25.OY APPROXIMATELY 466 SY OF SUBSTATION EXISTING PAVEMENT !I 1t 1 DEVELOPED BY SDP2212-0002 Exhibit B (Project Design and Construction Costs) ..-. A•sy41 r. e 3' BRYANT DRIVE / \ <r (CALLED 60'R.O.W.WIDTH) — �� �� / S7145716'W 1082.3 -------------- / _________ __ _ ____ J. \ \\ -a _a I nn 00 1 I I a�� cc — I I I x x �� x X x 11 U II o z r EXISTING ONCOR .. I i SUBSTATION X x I � m R II x I I 172_7 \ I I 573.08'1 'E 217.1' W ADRIVE ISLE N 0° '07 73piT � I � \ I � I �I x r I \ I U R CHANICAJ Y D FUTURE ME -- - -- -- RLINE OF R111R- I o. � I I I Iv I SO y YV kLd � AI E DING B O \ \. 13 ,5 FOOTPRINT) ~ O \ \\ \ I\ II STRjJ�'9Tb 3�E 277113_\ ail \ - :-... 6_0....,, 3- Blµµ* — 1 n7 . CJD O Cb cn _— _ o m - f �..— - NW01'53"E 531.76 --_f - 4600 \ co - T — N Z \ r-4 ibW"FUTURE MECHANICALygRpoO EV INIC/� L YN4- I Z .... DRIVE AISLE Exhibit "B" Bryant Drive Commercial Collector OPC PAVING QUANTITIES ITEM UNIT QUANTITIES UNIT PRICE TOTAL AMOUNT CRUSHED LIMESTONE BASE MATERIAL TYPE A GR1-2 CY 150 $ 300.00 $ 45,000.00 HEAVY DUTY CONCRETE SY 900 $ 200.00 $ 180,000.00 D-GR HMA TY-B PG64-22 TON 118 $ 150.00 $ 17,700.00 4"CONCRETE SIDEWALK SF 1,525 $ 8.00 $ 12,200.00 0.5'TALL STANDARD CURB&GUTTER LF 410 $ 60.00 $ 24,600.00 TOTAL $ 279,500.00 REMOVAL QUANTITIES ITEM UNIT QUANTITIES UNIT PRICE TOTAL AMOUNT PLANE ASPH CONC PAVE(2") SY 1,025 $ 6.00 $ 6,150.00 TOTAL $ 6,150.00 ILLUMINATION QUANTITIES ITEM UNIT QUANTITIES UNIT PRICE TOTAL AMOUNT ILLUMINATION POLE EA 1 $ 5,000.00 $ 5,000.00 DRILL SHAFT(RDWY ILL POLE)(30 IN) LF 8 $ 350.00 $ 2,800.00 ELECTRICAL CONDUIT PIPE(2"PVC) LF 400 $ 25.00 $ 10,000.00 ELECTRICAL CONDUCTOR(NO.8)INSULATED LF 400 $ 3.00 $ 1,200.00 MODIFY EXISTING ELECTRICAL SERVICE EA 1 $ 2,500.00 $ 2,500.00 TOTAL $ 21,500.00 EROSION CONTROL QUANTITIES ITEM UNIT QUANTITIES UNIT PRICE TOTAL AMOUNT INLET PROTECTION EA 4 $ 108.00 $ 432.00 CONSTRUCTION ENTRANCE EA 1 $ 2,333.00 $ 2,333.00 SILT FENCE LF 450 $ 3.67 $ 1,651.50 TOTAL $ 4,416.50 TOTA $ 305,416.50 20%CONTIGENCI $ 61,O93.30 ENGINEERING FE $ 65,000.00 BRYANT DRIVE SURV $ 10,000.00 GRAND TOTA $ 441,499.80