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R-84-659 - 12/13/1984ATTEST: RESOLUTION NO WHEREAS, Gaston Development Company, (Gaston), is the developer of that subdivision known as Greenslopes, Section 9, and WHEREAS, certain items required for acceptance of the subdivision improvements remain unfinished or in need of repair, and WHEREAS, Gaston has submitted a written agreement which provides that the improvements will be finished and repaired and is secured by a cash deposit of $47,310.00, and WHEREAS, the City Council wishes to enter into said agreement with Gaston, Now Therefore BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS, THAT The Mayor of the City of Round Rock, Texas, is hereby authorized and directed to execute on behalf of the City, an agreement with Gaston to finish and repair improvements, a copy of such agreement being attached hereto and incorporated herein for all purposes. RESOLVED this / day of. , 19 Al NNE LAND, City Secretary 059 MIKE ROBINSON, Mayor City of Round Rock, Texas 2/X AGREEMENT CONCERNING SUBDIVISION IMPROVEMENTS THE STATE OF TEXAS COUNTY OF WILLIAMSON § Whereas, Gaston Development Company, ( "Gaston "), is the developer of that subdivision known as Greenslopes, Section 9, the plat of which is recorded in Cabinet F, Slides 115 - 116, Plat Records of Williamson County, Texas; and Whereas, said subdivision is located within the city limits of the City of Round Rock ( "City "); and Whereas, Gaston desires to obtain the approval of the City of Round Rock of all improvements within said subdivision; and Whereas, the City is agreeable to the acceptance of said subdivision improvements upon the terms and conditions of this agreement; Whereas, the actions to be taken by Gaston in compliance with this agreement, and the timing thereof, are at the request of the City; NOW, THEREFORE, the parties hereto agree as follows: 1. The detention pond and drainage channel located within this subdivision are complete and fully operational. Gaston has hydromulched said pond and drainage channel with rye grass. Gaston agrees to perform all required slope maintenance until the ground cover is adequate and sufficient to prevent erosion, all as required by applicable city ordinance. In the spring of 1985, at the appropriate time as directed by the City, Gaston agrees to remove the rye grass, and hydromulch the pond with buffalo grass. Gaston agrees to bear all costs of said action, which costs are detailed below: Rye Grass - 32G sq. yd. X 7,700 sq. yd. = $2,464.00 Buffalo Grass 45G sq. yd. X 5,600 sq. yd. = $2,520.00 Slope Maintenance (required) $5,000.00 Total $9,984.00 Gaston hereby guarantees its performance of such obliga- tions by the deposit of cash in the above amount at First National Bank, Round Rock, all as provided in paragraph 5 below. Gaston agrees that all work described above and the establishment of sufficient ground cover as required by City ordinance will be completed by June 1, 1985. If not completed by said date, City shall have the right to use the funds described in paragraph 5 below to perform said work. 2. Gaston agrees to place an overlay of asphalt on the existing street in said subdivision, and to perform raising of utilities necessitated by said paving. Said action is needed to make certain repairs because of damage sustained to the street during the construction period. At the request of the City, in order to allow construction to be completed prior to these repairs being made, Gaston agrees to complete said street repair prior to August 1, 1985. The cost of said repairs will be as follows: 2/X a. 1,528 sq. yd of asphalt X $1.85 sq. yd = $21,236 b. raising of manholes and castings Total = 1,000 = $22,326 Said funds have also been deposited as provided in paragraph 5 below. 3. In consideration of the execution of this agreement by the City, Gaston agrees to construct a play court in Green - slopes Park. Said play court shall include a 50' x 90' con- crete court, a 10' chain link fence surrounding said court, two basketball goals, and two lights with double heads. The plans for such court shall be as designed by Haynie & Kallman, and in accordance with their standard design for such facilities, all as described in the attached Exhibit "A ". Gaston agrees to complete said court and other improvements on or before June 1, 1985. The cost of said court shall be $15,000, and Gaston has deposited said funds all as provided in paragraph 5 below. 4. Haynie & Kallman, Inc. has designed all of the facilities described above, and their report of the costs and current functional status of such facilities is attached hereto and incorporated herein by reference as Exhibit "A ". The estimated costs for these improvements contain a contingency factor for unexpected cost increases of approximately 10%. 5. Gaston agrees the total of the funds described above, being a total of $47,310.00, is to be deposited immediately upon execution of this agreement by the City into an interest bearing account at First National Bank in Round Rock. Said account shall be in the name of Gaston; however, City shall be entitled to draw on said funds at any time. City does agree, however, that it will draw said funds only for the purpose of completing the improvements described above. Completion of such improvements shall be as described above to the reasonable satisfaction of the City. City agrees to give Gaston three days written notice prior to withdrawing any of said funds in order to give Gaston the opportunity to complete said project. If all such improvements are not completed within the time specified, City shall be authorized to withdraw such funds as are necessary to complete the improvements in question. If all such improvements are completed within the time specified and in accordance with the terms of this agreement and attached Exhibit "A ", City agrees to execute such documents as are necessary to release the funds held in this account, plus accrued interest, to Gaston. If Gaston fails to complete any of said improvements within the time specified, and City is forced to use said funds to complete the improvements, City agrees that any funds remaining after all improvements contemplated by this agreement are completed, shall be paid to Gaston, and City agrees to so instruct the bank at the appropriate time to return such excess funds to Gaston. It is agreed that all the funds deposited shall be available to complete any project not done by Gaston within the time allocated; e.g., the City shall not be limited to $15,000.00 if the play court is not completed by Gaston as agreed, and the actual cost of such improvements exceed $15,000.00. 6. Any notices required of either Gaston or City shall be given by certified mail, return receipt requested, addressed to the parties as stated below: - 2 - 2/X Gaston Development Company c/o Nash Phillips /Copus, Inc. 4412 Spicewood Springs Rd. Bldg. G -202 Austin, Texas 78731 City of Round Rock 214 E. Main Street Round Rock, Texas 78664 7. This contract shall be construed under and in accord- ance with the laws of the State of Texas, and all obligations of the parties created hereunder are performable in Williamson County, Texas. 8. Should any litigation be commenced between the parties hereto concerning this agreement, the party prevailing in such litigation shall be entitled in addition to such other relief as may be granted, to a reasonable sum as and for attorney's fees and costs. 9. This contract shall be binding upon and inure to the benefit of the parties hereto and their respective legal representatives, successors and assigns where permitted by this agreement. 10. In case any one or more of the provisions contained in this agreement shall for any reason be held to be invalid, illegal, or unenforceable in any respect, such invalidity, illegality, or unenforceability shall not affect any other provision hereof, and this contract shall be construed as if such invalid, illegal, or unenforceable provision had never been contained herein. 11. This contract constitutes the sole and only agreement of the parties hereto and supersedes any prior understandings or written or oral agreements between the parties respecting the within subject matter. �J EXECUTED this I � r d ay of L e_»J-ft , 1984. ATTEST: IL/ / /L_' ty Secretary nne Land CITY OF ROU By By: Its Mike Robinson Mayor EXECUTED this /5 day of /, ,vne.0 j , 1984. GASTON DEVELOPMENT COMPANY - 3 - Haynie & Kaltman, Inc. CON5(II LING FNGINLF RS 1106 South Mao* • Round Rock, Texas 78664 • (512) 255.7861, 255 -4564' 12212 Technology Blvd Suite H ■ Austin, texas 78727 • (512(250.8611 Ms. Marianne Niven Nash Phillips /Copus 4412 Spicewood Springs Road Bldg. G, Suite 202 Austin, Texas 78759 Dear Marianne: Detention Pond EXHIBIT "A" December 6, 1984 Re: Greenslopes at Lake Creek, Section Nine Pursuant to your telephone request, we are providing the following estimated costs for various items in the above referenced project. We estimate the area of special seeding on the detention pond to be 5600 square yards. 5600 S.Y. @ $.32 /S.Y. for Rye Grass = $1,792.00 5600 S.Y. @ $.45 /S.Y. for Buffalo Grass = 2,520.00 Slope Maintenance = 5,000.00 Total Detention Pond Costs = $9,312.00 It should be noted that while the pond sideslopes still require minor shaping and seeding, the detention pond as it is constructed at this point, is operational and is functioning as required. Street Overlay We would estimate the cost of a one inch overlay of the streets as follows. Greenlawn Blvd. - 9249.7 S.Y. @ $1.85 /S.Y. _ $17,111.95 Other Stub Streets - 2278.3 S.Y. @ $1.85/S.Y. = 4,214.85 Raising Castings = 1,000.00 Total Street Overlay Costs = $22,326.80 ( 1\'ll 1 N;INI 1 RING • ( ONSU1 I AN 1 S • M1' NICIPAI 1 N(.IN1 I RIN(. • I AND PI ANNINC. • SURVI YIN; t) Oftri. DEC xD 4094. Page 2 Ms. Marianne Niven Nash Phillips /Copus December 6, 1984 Sport Court Estimated costs for a 50' x 90' sport court, complete with 10' chain link fence, two basketball goals, and two double headed light fixtures, would be approximately $15,000. Total estimated cost of improvements: AWW /cla cc: File #114 -37 Detention Pond Street Overlay Sport Court Total Estimated Cost $ 9,312.00 22,326.80 15,000.00 $46,638.80 If you have any questions or comments, please advise. Very truly yours, HAYNIE & KALLMAN, INC. A. William Waeltz, Project Manager