CM-2026-131 - 5/1/2026 ELECTRONICALLY RECORDED 2026037216
Williamson County, Texas Total Pages: 7
LICENSE AGREEMENT
THE STATE OF TEXAS §
§ KNOW ALL BY THESE PRESENTS:
COUNTY OF WILLIAMSON §
This Agreement is made this I 9- day of May ,20240, by and between the CITY
OF ROUND ROCK.,TEXAS a Texas home rule murlicipality,whose address is 221 East Main
Street, Round Rock, Texas 78664 (hereinafter "Licensor"),and RESERVE UNIV, LP, a Texas
limited partnership, whose mailing address is 3110 W. Southlake Blvd., Suite 120, Southlake,
Texas 76092 (hereinafter the"Licensee").
Whereas, Licensor is the owner of the real property (hereinafter, "Property") in the City
of Round Rock, Williamson County,Texas,which is public right-of-way, specifically University
Boulevard,as depicted by in Exhibit"A,"attached hereto and incorporated herein;and
Whereas, Licensee desires to exercise certain rights and privileges upon the public right-
of-way located within the Property;and
Whereas, Licensor desires to grant Licensee certain rights and privileges upon public
right-of-way within the Property;and
NOW,THEREFORE, it is agreed as follows:
I. License
1.1 Licensee shall have the right to enter the Property to install, maintain, and repair a
reinforced concrete retaining wall, as depicted in Exhibit "A," subject to all conditions
recited herein.
1.2 It is understood that this Agreement creates a license only and that Licensee do not and
shall not claim at any time any interest or estate of any kind in the public right-of-way
located within the Property by virtue of this license.
1.3 It is further understood that before the installation of any of the current or subsequent
improvements depicted in Exhibit "A," Licensee shall present a detailed plan to the
Development Services Manager for review and approval. Approval of any plan shall be
solely within the discretion of the Development Services Manager.
1.4 It is further understood that Licensee must comply with all other requirements of the
Code of Ordinances of the City of Round Rock,Texas.
1.5 It is further understood that Licensor has no duty to maintain, operate, replace, or repair
any improvement in or upon the Property, including the payment of any fees of any kind
associated with any improvements.
1C24-00004 Reserve on Uniocrsiq•
.C....
- Zou - 1
3/
2026037216 Page 2 of 7
II. Consideration
2.1 In consideration for this license, Licensee shall pay Licensor$10.00 and other good and
valuable consideration.
III. Nonassignability
3.1 The license granted in this Agreement is personal to Licensee. This Agreement is not
assignable. Any assignment in violation of this Agreement will automatically terminate
the license. Notwithstanding the foregoing, with the consent of the Licensor, Licensee
shall be permitted to assign Licensee's license under this Agreement to any entity
acquiring all or a portion of Licensee's property adjacent to the Property or a property
owners association created to maintain Licensee's improvements provided such assignee
assumes Licensee's obligations and rights granted under this Agreement, and Licensee
shall be released from any and all obligations hereunder accruing after such assignment.
IV. Terminable at Will
4.1 This Agreement is terminable by either party at will by the giving of actual notice to the
other party. Upon termination, any improvements to the Property, at Licensor's option
exercised in writing, will become the property of Licensor and it is agreed that Licensor
will not reimburse Licensee for any costs expended for said improvements.
V. Indemnity
5.1 LICENSEE SHALL COMPLY WITH THE REQUIREMENTS OF ALL
APPLICABLE LAWS,RULES AND REGULATIONS,AND SHALL INDEMNIFY
AND HOLD HARMLESS LICENSOR, ITS OFFICERS, AGENTS AND
EMPLOYEES FROM AND AGAINST ANY AND ALL CLAIMS, LOSSES,
DAMAGES, CAUSES OF ACTION, EXPENSES OF LITIGATION, COURT
COSTS, AND ATTORNEY'S FEES, FOR INJURY TO OR DEATH OF ANY
PERSON, OR FOR DAMAGE TO ANY PROPERTY, ARISING OUT OF OR IN
CONNECTION WITH LICENSEE'S EXERCISE OF THE LICENSE UNDER
THIS AGREEMENT, EXCEPT FOR ACTS OF LICENSOR OR ITS OFFICERS,
AGENTS OR EMPLOYEES, THAT ARE NEGLIGENT OR OF WILLFUL
MISCONDUCT OR OF LICENSOR'S CONTRACTOR'S ACTS THAT ARE
NEGLIGENT OR OF WILLFUL MISCONDUCT.
VI. Release
6.1 Licensee assume full responsibility for its exercise of the license, and hereby releases,
relinquishes and discharges Licensor, its officers, agents and employees, from all claims,
demands, and causes of action of every kind and character, including the cost of defense
thereof, for any injury to, including death, of any person (whether they be third persons,
2.
2026037216 Page 3 of 7
contractor, or employees of either of the parties hereto) and any loss of or damage to
property (whether the same be that either of the parties hereto or of third parties) caused
by or alleged to be caused,arising out of, or in connection with Licensee's exercise of the
license under this Agreement whether or not said claims,demands and causes of action in
whole or in part are covered by insurance.
VII. Venue
7.1 This Agreement shall be construed under and accord with the laws of the State of Texas,
and all obligations of the parties created hereunder are performable in Williamson
County, Texas. Venue for any dispute under this Agreement shall lie exclusively in the
courts of Williamson County,Texas.
VIII. Notice
8.1 Notice shall be mailed to the addresses designated herein or as may be designated in
writing by the parties from time to time and shall be deemed received when sent postage
prepaid U.S.mail to the following addresses:
LICENSOR: City of Round Rock
ATTN: City Manager
221 East Main Street
Round Rock,Texas 78664
LICENSEE: Reserve Univ, LP
Kenneth W. Fambro, II
3110 W. Southlake Blvd. Suite 120
Southlake,TX 76092
817.837.0566
kfambro @ireg.us
IN WITNESS WHEREOF,this AGREEMENT is executed on this day of
_tat ,,202 tom..
[Signature pages to follow.]
3.
2026037216 Page 4 of 7
LICENSEE:
RESERVE UNIV,LP
a Texas limited partnership
By: Reserve University GenPar, LLC
a Texas limited liability company
its managing member
By: f"1Ps}'f1 Ul Eumbto, I I
Title:
Date: (° Lit
"'�p��c ACKNOWLEDGMENT
STATE OF I `�R"� _ §
COUNTY Orl—CiYaAir §
BEFORE ME, tl``ee�undersi ned, a n,Ltary ppublic 'n and for said•co my a d st te, on this
day personally appeared l�'�.�N �� }R.INt1U10f (Name),\JI(€.FRfM (Title)
of RESERVE UNIVSERSITY GENPAR, LLC, a Texas limited liability company, on behalf
of said corporation, known to me to be the person whose name is subscribed to the foregoing
instrument, and acknowledged to me that he executed the same for the purpose and consideration
therein expressed.
Given myhand and seal of office on this the lY dayof cdorOdYti,
/,,202 W.
CHRISTINA LOZANOr:ii: Notary ID N128556427 0 ►I r
.A.V. W. My Commission Expires $ t
'2 of March 16,2027 I Notary Public,St of Texas
OA IT nt, Lozano
After executing,please return to:
Planning and Development Services
301 W. Bagdad Ave.,Suite 210
Round Rock,TX 78664
4.
2026037216 Page 5 of 7
LICENSOR:
City of Round Rock,Texas
B :
Y l
7tiTh
Brooks Bennett,City Manager
Date: Si l /2-O2
ACKNOWLEDGMENT
THE STATE OF TEXAS
COUNTY OF WILLIAMSON
This instrument was acknowledged before me on this ' day of
202h, by Brooks Bennett, City Manager of the City of Round Rock, in the capac" y and for the
purposes and consideration therein indicated.
tua,na
���a++►4►i�!hk/� Signature gC:264-
g1a4NCAGil�i/ Bta,,� �G� lIS
•,.-'0PRVp, .10 .
Printed Name
j
N / Notary Public, State of Texas
OF TF
5.
Exhibit"A"
F-
w
o tt
co CALLED:0.120 ACRES i El)a 1MLLIAMSON COUNTY ; 0 3' 60'
co VOLD.R.W PGD.R.W.C.T.
394 ` HORIZONTAL SCALE
D.R.W.C.T. \\1 t195 LF OF VARIABLE
to o HE!GHT REINFORCED 51°c,
coi CONCRETE RETAINING
N 509
- WALL(MAX HEIGHT+4 5')
N ..— •iiff RSL BLS
i
as — DOC NZS.2020155152 — pPP — — \so
�,� as-�' PROPERTY LINE/R.O.W.- — — .
E ��ae DEDCjlrrr'1.��j'illf
o d`O••''J 7p 1lll+llllllflNmnllflllll j�__� � 1}"Ii jj�ll,`!�!�?/li/11?t1/11x�7)I`Ir _ k = "" — _••�
ss7
csi
bor
A" '441 �s A% --_�.-ter' �� ] _ — --
CI) _ -'L; v .-.*, _ LOT IA , �_�-�"� —
_Er + 14.347 ACRES < � — _
y
rD' (6234
232 SQ.FT.)- m <
uLI LEGEND ENGINEER:ARCHITECT: DEVELOPER:a) -on umUD ARCHITECTS I.H.S. REAL ESTATE HOLDINGS, LLC. BURGESS do NIPLE
E CONCRETE RETAINING WALL 4345 L•NDBERGH DRIVE 3110 W. SOUTHIlUCE BLVD, SUITE 120 3 SUGAR CREEK CENTER BLVD, SUITE 610
2 ADDISON, TX 75001 SOUTHLAKE, TX 76092
SUGAR LAND, TX 774781
co (214) 662-8093 (817) 837-0562 CONTACT?A)GEUNA 980-7705
D. ARREAGA
ar CONTACT KRISTOFER SPURGIN CONTACT: PAUL MILOSEVICH
w
c
a)
v
J_
0]
T ---.. \ ,.._.--0 -----pi
x j ,y
RESERVE ON UNNERSITY
LLNI-' 00D MESA o j� `� PERMIT NO: SDP2007-0043
NI0 j 725 UNIVERSITY BOULEVARD
u ,n e��0 / ROUND ROCK, WILUA64SON COUNTY,
1c3_ / TEXAS 78665
w PROJECT ° „.. PUBLIC IMPROVEMENTS WITHIN UNIVERSITY
v �LOCATION I $ BLVD
ro / BURGESS & NIPLE
` o�
ti °oE Np'�` 3 SUGAR CREEK CENTER BLVD, SUITE 610
n _ 7—ET 9< SUGAR LAND,TX 77478
a LOCATION MAP PHONE: (281) 980-7705
0- N.T.S. TBPE FIRM REGISTRATION NO.F-10834
2026037216 Page 7 of 7
ELECTRONICALLY RECORDED
OFFICIAL PUBLIC RECORDS
2026037216
Pages: 7 Fee: $45.00
05/07/2026 04:01 PM
KOROURKE
ATE Op
Nancy E. Rister, County Clerk
Williamson County,Texas
LICENSE AGREEMENT
THE STATE OF TEXAS §
§ KNOW ALL BY THESE PRESENTS:
COUNTY OF WILLIAMSON §
This Agreement is made this I W day of May , 202& , by and between the CITY
OF ROUND ROCK, TEXAS a Texas home rule municipality, whose address is 221 East Main
Street, Round Rock, Texas 78664 (hereinafter "Licensor"), and RESERVE UNIV, LP, a Texas
limited partnership, whose mailing address is 3110 W. Southlake Blvd., Suite 120, Southlake,
Texas 76092 (hereinafter the"Licensee").
Whereas, Licensor is the owner of the real property (hereinafter, "Property") in the City
of Round Rock, Williamson County, Texas, which is public right-of-way, specifically University
Boulevard,as depicted by in Exhibit"A,"attached hereto and incorporated herein; and
Whereas, Licensee desires to exercise certain rights and privileges upon the public right-
of-way located within the Property; and
Whereas, Licensor desires to grant Licensee certain rights and privileges upon public
right-of-way within the Property; and
NOW, THEREFORE, it is agreed as follows:
I. License
1.1 Licensee shall have the right to enter the Property to install, maintain, and repair a
reinforced concrete retaining wall, as depicted in Exhibit "A," subject to all conditions
recited herein.
1.2 It is understood that this Agreement creates a license only and that Licensee do not and
shall not claim at any time any interest or estate of any kind in the public right-of-way
located within the Property by virtue of this license.
1.3 It is further understood that before the installation of any of the current or subsequent
improvements depicted in Exhibit "A," Licensee shall present a detailed plan to the
Development Services Manager for review and approval. Approval of any plan shall be
solely within the discretion of the Development Services Manager.
1.4 It is further understood that Licensee must comply with all other requirements of the
Code of Ordinances of the City of Round Rock, Texas.
1.5 It is further understood that Licensor has no duty to maintain, operate, replace, or repair
any improvement in or upon the Property, including the payment of any fees of any kind
associated with any improvements.
IC24-0(004 Reserve on University
(J'1- 2 Zo (o - 131
II. Consideration
2.1 In consideration for this license, Licensee shall pay Licensor $10.00 and other good and
valuable consideration.
III. Nonassignability
3.1 The license granted in this Agreement is personal to Licensee. This Agreement is not
assignable. Any assignment in violation of this Agreement will automatically terminate
the license. Notwithstanding the foregoing, with the consent of the Licensor, Licensee
shall be permitted to assign Licensee's license under this Agreement to any entity
acquiring all or a portion of Licensee's property adjacent to the Property or a property
owners association created to maintain Licensee's improvements provided such assignee
assumes Licensee's obligations and rights granted under this Agreement, and Licensee
shall be released from any and all obligations hereunder accruing after such assignment.
IV. Terminable at Will
4.1 This Agreement is terminable by either party at will by the giving of actual notice to the
other party. Upon termination, any improvements to the Property, at Licensor's option
exercised in writing, will become the property of Licensor and it is agreed that Licensor
will not reimburse Licensee for any costs expended for said improvements.
V. Indemnity
5.1 LICENSEE SHALL COMPLY WITH THE REQUIREMENTS OF ALL
APPLICABLE LAWS,RULES AND REGULATIONS,AND SHALL INDEMNIFY
AND HOLD HARMLESS LICENSOR, ITS OFFICERS, AGENTS AND
EMPLOYEES FROM AND AGAINST ANY AND ALL CLAIMS, LOSSES,
DAMAGES, CAUSES OF ACTION, EXPENSES OF LITIGATION, COURT
COSTS, AND ATTORNEY'S FEES, FOR INJURY TO OR DEATH OF ANY
PERSON, OR FOR DAMAGE TO ANY PROPERTY, ARISING OUT OF OR IN
CONNECTION WITH LICENSEE'S EXERCISE OF THE LICENSE UNDER
THIS AGREEMENT, EXCEPT FOR ACTS OF LICENSOR OR ITS OFFICERS,
AGENTS OR EMPLOYEES, THAT ARE NEGLIGENT OR OF WILLFUL
MISCONDUCT OR OF LICENSOR'S CONTRACTOR'S ACTS THAT ARE
NEGLIGENT OR OF WILLFUL MISCONDUCT.
VI. Release
6.1 Licensee assume full responsibility for its exercise of the license, and hereby releases,
relinquishes and discharges Licensor, its officers, agents and employees, from all claims,
demands, and causes of action of every kind and character, including the cost of defense
thereof, for any injury to, including death, of any person (whether they be third persons,
2.
contractor, or employees of either of the parties hereto) and any loss of or damage to
property (whether the same be that either of the parties hereto or of third parties) caused
by or alleged to be caused, arising out of, or in connection with Licensee's exercise of the
license under this Agreement whether or not said claims, demands and causes of action in
whole or in part are covered by insurance.
VII. Venue
7.1 This Agreement shall be construed under and accord with the laws of the State of Texas,
and all obligations of the parties created hereunder are performable in Williamson
County, Texas. Venue for any dispute under this Agreement shall lie exclusively in the
courts of Williamson County, Texas.
VIII. Notice
8.1 Notice shall be mailed to the addresses designated herein or as may be designated in
writing by the parties from time to time and shall be deemed received when sent postage
prepaid U.S. mail to the following addresses:
LICENSOR: City of Round Rock
ATTN: City Manager
221 East Main Street
Round Rock, Texas 78664
LICENSEE: Reserve Univ, LP
Kenneth W. Fambro, II
3110 W. Southlake Blvd. Suite 120
Southlake, TX 76092
817.837.0566
kfambro@ireg.us
IN WITNESS WHEREOF,this AGREEMENT is executed on this St.( day of
, 2021(p.
[Signature pages to follow.]
3.
LICENSEE:
RESERVE UNIV,LP
a Texas limited partnership
By: Reserve University GenPar, LLC
a Texas limited liability company
its managing member
By: I —
44000
(enne W• Fantod 1 I
Title: t .1 '-:1. —
Date: @ G':'41,At . ,4-c.
ACKNOWLEDGMENT
T ( kSSTATE OF §
§
COUNTY OF t t Y §
BEFORE ME, the undersi ned, a n tary public in and for said•co my and st te, on this
day personally appeared c4.�vteW• It7i0� (Name),VICa. �rt4e> (Title)
of RESERVE UNIVSERSITY GENPAR, LLC, a Texas limited liability company, on behalf
of said corporation, known to me to be the person whose name is subscribed to the foregoing
instrument, and acknowledged to me that he executed the same for the purpose and consideration
therein expressed.
Given my hand and seal of office on this the day of kna VI, 202 W.
1 <�`Y°4,e CHRISTINA LOZANO
_°�` Notary ID#128556427
I ''�'�(I� My Commission Expires
1 '�of March 16, 2027 I Notary Public, St t of Texas
APISPRNPWIlwelogrqwwpropompeopm Ch K--h nl^- Lola nrJ
After executing, please return to:
Planning and Development Services
301 W. Bagdad Ave., Suite 210
Round Rock, TX 78664
4.
LICENSOR:
City of Round Rock, Texas
By: /7
Brooks Bennett, City Manager
Date: SI i /2-o2h
ACKNOWLEDGMENT
THE STATE OF TEXAS
COUNTY OF WILLIAMSON
This instrument was acknowledged before me on this / day of ,
202b, by Brooks Bennett, City Manager of the City of Round Rock, in the capac y and for the
purposes and consideration therein indicated.
131aMat- 0C-664:-
Signature
OAR y p��<<i ��� -61 a GI I I S.
• ��•. % Printed Name
• /` • = Notary Public, State of Texas
tr. • y>
\ OF TEy`P�
W'� ,•�`?05823a1
5.
Exhibit "A"
w
CALLED:0.120 ACRES ® 0 30' 60'
WILLIAMSON COUNTY
VOL.1707,PG.394.
D.R.W.C.T. t195 LF OF VARIABLE HORIZONTAL SCALE
co HEIGHT REINFORCED cz
22 509 v^., CONCRETE RETAINING 510
L WALL(MAX HEIGHT t4.5')
Q I
Ro�:: _ PV . .l
(vnR.wi as
— -----
d os
'n as-- os pOC +.202015515 — I — _ so
PROPERTY LINE/R.O.W.; o
`- as-- DEDICATI+4 ---- • ,,� -_ _
a- EX CURB ` � aP ,' ; ` ' ..
f,gti'isl�t,;;'ins th 1ii lit ii ski 111111`" �,...
OW
N uol?' .`-' %111I///flll/1!//lU/f///fl/NI/111lN.•11.:ji,� r r / fllIi�'�TrfI1�m,L
__ �� , 1r_ ,� ______au_—__ --- - � .wa.f Al y PSI
r —
+c
N �i, n Immo iiTi _
a�. !
� s - ', __ LOT 1A
:. y . ..,:. - — BLOCK A GA04� II
s+ 001010
Air �,. 0 14.307 ACRES < < h it ----
_�
(623$232 SQ.FT.) m
:'
w LEGEND ENGINEER:
ARCHITECT: DEVELOPER:
m .so 4. UD ARCHITECTS I.H.S. REAL ESTATE HOLDINGS, LLC. 3 SUGAR CREEK ESS & NIPLE
SUITE 610
E CONCRETE RETAINING WALL 4345 LINDBERGH DRIVE 3110 W. SOUTHLAKE BLVD, SUITE 120
y f ADDISON, TX 75001 SOUTHLAKE, TX 76092
SUGAR LAND, TX 774781
Q (214) 662-8093 (817) 837-0562 CONTACT281)ANGELINA D�ARREAGA
5
a) CONTACT: KRISTOFER SPURGIN CONTACT: PAUL MILOSEVICH
co
C
a)
C)
J
I- \ �__--- is
CO
X_ `� III RESERVE ON UNIVERSITY
�
W OOD MES4 j PERMIT NO: SDP2007-0003
`" � 4 725 UNIVERSITY BOULEVARD
Bow
•
ROUND ROCK, WILUAMSON COUNTY,
F-, - TEXAS 78665
lo
L //
1LI PROJECT �j° PUBLIC IMPROVEMENTS WITHIN UNIVERSITY
U LOCATION Al •
#' BLVD
BURGESS & NIPLE
✓ \DDEN VW AEI D
3 SUGAR CREEK CENTER BLVD, SUITE 610
r- 11 1 1 9 SUGAR LAND,TX 77478
Lc) LOCATION MAP PHONE: (281) 980-7705
a N.T.S.a TBPE FIRM REGISTRATION NO.F-10834