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R-85-776 - 10/10/1985WHEREAS, a group of developers in Northeast Round Rock have agreed to certain drainage "improvements in that area; and ATTEST: WHEREAS, the Council wishes to approve said contract, 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 MMJ Development Joint Venture, Meadow Lake Joint Venture, Continental Diversified Investments, Inc., and North East Round Rock Partners Limited, a copy of said Agreement being attached hereto and incorporated herein for all purposes. RESOLVED this 10th day of October, 1985. RESOLUTION NO. 7/6/€ 6 /€ wypi MIKE ROBINSON, Mayor City of Round Rock, Texas STATE OF TEXAS COUNTY OF WILLIAMSON § Agreement THIS AGREEMENT is made and entered into on this 3rd day of October, 1985, by and between the City of Round Rock, Texas ( "City ") and the MMJ Development Joint Venture ( "MMJ "), a Texas joint venture, developer of The Settlement, Stoney Brook, and the Bartz tract; Meadow Lake Joint Venture ( "Meadow Lake "), a Texas joint venture, developer of Meadow Lake; and Continental Diversified Investments, Inc., a Texas corporation and North East Round Rock Partners Limited, ( "Vista Heights "), developers of Vista Heights; ( "Landowners "). Recitals WHEREAS, Landowners own approximately 746.71 acres of land out of a total of 1408 acres contained in an area generally in and adjacent to north east Round Rock, said area being designated as the "Study Area in Exhibit "A" attached hereto, and WHEREAS, the Study Area does not presently have regional detention facilities, and WHEREAS, a study performed by the engineering firm of Haynie & Kallman, Inc. has determined that in order for the Study Area to have regional detention, certain improvements to SCS Reservoir No. 14 must be constructed, and WHEREAS, Haynie & Kallman, Inc. has produced plans entitled "S.C.S. Lake No. 14 Site Grading Improvement" dated 1985, ( "Plans "), for the construction of certain improvements in connection with S.C.S. Reservoir No. 14, ( "Improvements "), and ' WHEREAS, Haynie & Kallman, Inc. estimates that the cost of constructing said Improvements is $1,500,000, and WHEREAS, the City does not have current funds available for the construction of said Improvements. NOW, THEREFORE, it is agreed that: I . The Project will be funded as set forth in this Agreement. The terms and symbols used in this Agreement shall have the following meanings: TC = Total cost of the Project including engineering fees and 10% contingencies. X = No. of acres of a particular tract that is in the Study Area minus the no. of acres of that tract in the Brushy Creek WCID easement. Y = X x C C = Runoff coefficient for a particular land use, according to the table set forth below. LO = Landowner. NP = Person or entity owning land in Study Area other than Landowner. ( "Non- Participants ") X LO = X for a Landowner. Y LO = Y for a Landowner. X NP = X for a Non - Participant. LO Contribution = Amount of TC paid by Landowners. NP Contribution = Amount of TC paid by Non - Participants. Runoff coefficients (c) shall be determined as follows: Zoning C R - 6 R- 12 1 R - 20 1.25 I 1.625 C 1.75 Values of X and Y shall be determined as follows: No. of Acres In No. of Acres In Study Area Area By Brushy Creek Project Zoning Classification WCID Easement X Y MMJ- Settlement R - 6 & 12 59.11 30.90 28.21 28.21 R - 20 1 C MMJ- Stoney Brook R - 6 & 12 133.22 0 133.22 133.22 R - 20 12.15 0 12.15 15.19 I C MMJ- Oakmont Crossing Meadow Lake Vista Heights Phases 1, 2 & 3 R - 6 & 12 27.91 0 27.91 27.91 R - 20 16.50 0 16.50 20.63 I C 22.10 0 22.10 38.68 R - 6 & 12 141.37 R - 20 I C R - 6 & 12 116.85 R - 20 12.0 I C The costs shall be shared �as� follows: LO Contribution = X O x TC :EITSP NP Contribution = X x TC -2- 38.20 103.17 103.17 0 116.85 116.85 12.0 15.0 Vista Heights R - 6 & 12 165.54 0 165.54 165.54 Phases 4, 5, 6 & 7 R - 20 I C 6.23 0 6.23 10.90 Vista Heights R - 6 & 12 33.73 0 33.73 33.73 Phases 8, 9 & 10 R - 20 1 C Each Landowner shall pay its share of the LO follows: Y Landowners' share of LO Contribution - �� —O � Each Landowner shall pay its share 7i NP follows: Landowners share of NP Contribution = Each Non - Participant shall pay a subsequent user fee as follows: Subsequent user fee = X x NP Contribution x 1.2 plus 10% interest compoun a NE annually The estimated cost of the improvements including engineering fees and ten percent (10%) for unforeseen contingencies is $1,500,000. Each Landowner agrees to that the TC is $1,500,000. Such calculations yield Landowner: Project MMJ- Settlement MMJ- Stoney Brook MMJ- Oakmont Crossing Meadow Lake Vista Heights Phases 1, 2 & 3 Phases 4, 5, 6 & 7 Phases 8, 9 & 10 II. pay his share of the TC, assuming the following amounts for each Share of Project Cost 60,956.23 317,274.30 164,769.64 223,035.87 281,546.20 375,990.86 76,426.90 Total $1,500,000.00 Contribution as LO contribution Contribution as x NP Contribution Upon execution of this contract, each Landowner agrees to deposit with the City an irrevocable letter of credit in the total amount of his share, issued by a financial institution whose principal office is within the State of Texas in a form to be approved by the City Attorney. In the event the accepted bid price or actual project cost exceeds the engineer's estimate by ten percent or less, each Landowner agrees to pay his share of the increase which shall be determined by revising the Shares of Project Cost in the foregoing table by using the actual TC rather than $1,500,000. Each Landowner shall provide a substitute letter of credit in the adjusted amount within ten (10) days of receipt of a written request from the City to do so. -3- 4 In the event the actual TC is less than the engineer's estimate, each Landowner shall be entitled to a pro rata reduction in cost which shall be determined by revising the Shares of Project Cost in the foregoing by using the actual TC in place of $1,500,000. Upon execution of this Contract by each Landowner, and upon receipt of the letters of credit required by this Paragraph III, the City will proceed to promptly construct the Improvements. The contract will be let in the name of the City and the improvements will be constructed pursuant to the Plans. The City will advertise for bids. If the bids cause the total cost of the Project, including engineering fees, to exceed $1,800,000, any Landowner may declare this contract to be null and void. If the contract is declared to be null and void, the City and the Landowners will work together towards a revised contract to achieve regional detention in a manner satisfactory to all parties. IV. The City agrees that all funds received by the City pursuant to the terms of this contract shall be held by the City in a separate account and shall not be spent for any purpose other than for costs directly associated with the design and construction of the improvements contemplated herein. Within twenty (20) days of the execution of this contract by the City, the City will reimburse certain Landowners for expenses incurred by them in connection with the design of the Improvements in the amounts shown below. LANDOWNER AMOUNT OF REIMBURSEMENT Meadow Lake $ V. It is contemplated that in the future other landowners and /or developers of other land within the Study Area will be required to contribute to the cost of the Improvements in order to satisfy the City's drainage detention requirements in connection with platting and /or development of their land. Such other landowners and /or developers will be charged a subsequent user fee which shall be determined by the following formula: Subsequent User Fee = x NP Contribution x 1.2 plus 10% interest compoun e nnually. The subsequent user fee shall be subject to adjustment based on the actual project costs. The foregoing subsequent user fee shall be charged to such landowners and /or developers at the time their subdivision plat is filed with the City or if no subdivision plat is necessary, at the time application is made for water or wastewater service, whichever first occurs. -These subsequent charges shall be used solely to reimburse the Landowners on the same pro rata basis as their respective contributions. Such reimbursements shall be made on a semi- annual basis on or about January 10 and July 10 of each calendar year. After the Landowners have been reimbursed, the City may use the subsequent user fees for any lawful purpose. VI This contract shall not be construed to exempt Landowners from the payment of any development, service, or permit fee otherwise required by ordinances of the City. -4- VII. The City agrees that when all Landowners have signed this agreement and provided their letters of credit, each of the Landowners shall have fulfilled all of the City's requirements as to drainage detention facilities with respect to their land in the Study Area and no Landowner shall be required to provide any other drainage detention facilities in connection with development of the land that it owns within the Study Area. When all the Landowners have signed this agreement Landowner's land released from the Brushy Creek WCID easement shall be platted in accordance with the then existing subdivision ordinance requirements of the City. However, no drainage detention facilities shall be required of such released land, other than the completed Improvements. VIII. Joe Carothers, James W. Clark, II, and Louis W. DeWald, owners of the North Lake tract, shall be entitled to become parties to this agreement as Landowners with the same rights and obligations as the other Landowners, by signing this agreement at the places indicated on Page 6, at any time before the contract for construction of the Improvements is signed by the City. In that event their contribution, and the contributions of the other Landowners, will be calculated on the basis that the North Lake tract has 90 acres in the Study Area, zoned R -6 and /or R -12, with no acres in the Brushy Creek WCID easement. IX. A. This contract shall be construed under and in accordance with the laws of the State of Texas, and all obligations of the parties created hereunder are performable in Williamson County, Texas. B. 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. C. 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. D. 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. • E. 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. ATTEST: City Secretary CITY OF ROUND ROCK By: -5- Signed the Carothers. Signed the Clark, II. LANDOWNERS MMJ DEVELOPMENT JOINT VENTURE By: Bill Milburn, Managing Venturer MEADOW LAKE JOINT VENTURE By: By: CONTINENTAL DIVERSIFIED INVESTMENTS, INC. By: -6- Managing Venturer Zack E. Williams NORTH EAST ROUND ROCK PARTNERS LIMITED Zack E. Williams, General Partner day of , 1985 by Joe Joe Carothers day of , 1985 by James W. James W. Clark, II Signed the day of , 1985 by Louis W. DeWald. Louis W. DeWald r N...-r--r.2.Tez. • STATE OF TEXAS COUNTY OF WILLIAMSON § § Agreement THIS AGREEMENT is made and entered into on this 8th day of November, 1985, by and between the City of Round Rock, Texas ( "City ") and the MMJ Development Joint Venture ( "MMJ "), a Texas joint venture, developer of The Settlement, Stoney Brook, and Oakmont Crossing; Meadow Lake Joint Venture ( "Meadow Lake "), a Texas joint venture, developer of Meadow Lake; and Continental Diversified Investments, Inc., a Texas corporation and North East Round Rock Partners Limited, ( "Vista Heights "), developers of Vista Heights; ( "Landowners "). Recitals WHEREAS, Landowners own approximately 745.71 acres of land out of a total of 1408 acres contained in an area generally in and adjacent to north east Round Rock, said area being designated as the "Study Area" in Exhibit "A" attached hereto; and WHEREAS, the Study Area does not presently have regional detention facilities; and WHEREAS, a study performed by the engineering firm of Haynie & Kallman, Inc. has determined that in order for the Study Area to have regional detention, certain improvements to SCS Reservoir No. 14 must be constructed; and WHEREAS, Haynie & Kallman, Inc. has produced plans entitled "S.C.S. Lake No. 14 Site Grading Improvement" dated October 23, 1985, ( "Plans "), for the construction of certain improvements in connection with S.C.S. Reservoir No. 14, ( "Improvements "); and WHEREAS, the Landowners are willing to pay for the cost of the Improvements provided the total cost does not exceed $1;016,415:00; and WHEREAS, the City does not have current funds available for the construction of said Improvements. , NOW, THEREFORE, it is agreed that: I. The Improvements will be funded as set forth in this Agreement. , The Landowners will contribute to the cost of the Improvements as shown in the following table. No. of Acres No. of Acres In to be No. of Acres In Brushy Creek Multiplied Landowners Project Study Area Area WCID Easement by $1,500 Contribution MMJ- Settlement 59.11 30.90 28.21 $ 42,315.00 MMJ- Stoney Brook 145.37 0 145.37 - 218,055.00 MMJ- Oakmont 65.51 0 65.51 99,765.00 Crossing Meadow Lake 141.37 38.20 103.17 154,755.00 Vista Heights 128.85 0 128.85 193,275.00 Phases 1, 2 & 3 Vista Heights Phases 4, 5, 6 & 7 171.77 0 171.77 257,655.00 Vista Heights 33.73 0 33.73 50,595.00 Phases 8, 9 & 10 Total 745.71 69.10 II. Each Landowner agrees to pay its share of the cost of the Improvements, provided that the cost is $1,016,415.00 or less. Upon execution of this contract, and after receipt of bids by the City, each Landowner agrees to deposit with the City an irrevocable letter of credit in the total amount of its share, issued by a financial institution whose principal office is within the State of Texas in a form to be approved by the City Attorney. In the event the actual bid price and engineering fee is less than $1,016,415.00 each Landowner shall be entitled to a pro rata reduction in cost. Upon execution of this Agreement by each Landowner, and upon receipt of the letters of credit required by this Paragraph II, the City will proceed to promptly construct the Improvements. The contract will be let in the name of the City and the improvements will be constructed pursuant to the Plans. The City will advertise for bids. If the bids cause the total cost of the Improvements, including engineering fees, to exceed $1,016,415.00, any Landowner may declare this contract to be null and void. If the contract is declared to be null and void, the City and the Landowners will work together toward a revised contract to achieve regional detention in a manner satisfactory to all parties. The City agrees that all funds received by the City pursuant to the terms of this contract shall be held by the City in a separate account and shall not be spent for any purpose other than for costs directly associated with the design and construction of the improvements contemplated herein. Within ten (10) days of the execution of the construction contract by the City, the City will reimburse certain Landowners for expenses incurred by them in connection with the design of the Improvements in the amounts shown below. LANDOWNER AMOUNT OF REIMBURSEMENT Meadow Lake $30,000.00 The City will pay Haynie & Kaliman, Inc. for the balance of the engineering fees calculated pursuant to TSPE Curve B "(which provides for revisions to be done on an hourly basis). IV. It is contemplated that in the future other landowners and /or developers of other land within the Study Area (Non - participants) will be required to contribute to the cost of the Improvements in order to satisfy the City's drainage detention requirements in connection with platting and /or development of their land. Such other landowners and /or developers will be charged a subsequent user fee which shall be determined by the following formula: -2- 676.61 $1,016,415.00 Subsequent User Fee Non - participants acreage in Study Area x Total Project Cost 1408 x 1.2 10% interest compounded annually. The foregoing subsequent user fee shall be charged to such landowners and /or developers at the time their subdivision plat is filed with the City or if no subdivision plat is necessary, at the time application is made for water or wastewater service, whichever first occurs. These subsequent charges shall be used solely to reimburse the Landowners on the same pro rata basis as their respective contributions. Such reimbursements shall be made on a semi - annual basis on or about January 10 and July 10 of each calendar year. After the Landowners have been reimbursed, the City may use the subsequent user fees for any lawful purpose. The Participants will be fully reimbursed for any amount they have contributed over their actual contribution. The actual contribution should be calculated as follows: Participants Actual contribution = Participants acreage in Study Area less acreage in WCID easement VI. x Total Cost of Project 1408 This contract shall not be construed to exempt Landowners from the payment of any development, service, or permit fee otherwise required by ordinances of the City. VII. The City agrees that when all Landowners have signed this agreement and provided their letters of credit, each of the Landowners shall have fulfilled all of the City's requirements as to drainage detention facilities with respect to their land in the Study Area and no Landowner shall be required to provide any other drainage detention facilities in connection with development of the land that it owns within the Study Area. Provided, however, that the regional detention project is completed with sufficient capacity to meet the detention requirements of the Participants property within the Study Area. When all the Landowners have signed this agreement Landowner's land released from the Brushy Creek WCID easement shall be platted in accordance with the then existing subdivision ordinance requirements of the City. However, no drainage detention facilities shall be required of such released land, other than the completed Improvements. VIII. Joe Carothers, James W. Clark, II, and Louis W. DeWald, owners of the North Lake tract, shall be entitled to become parties to this agreement as Landowners with the same rights and obligations as the other Landowners, by signing this agreement at the places indicated on Page 6, at any time before the contract for construction of the Improvements is signed by the City. In that event their contribution, and the contributions of the other -3- Landowners, will be calculated on the basis that the North Lake tract has 90 acres in the Study Area with no acres in the Brushy Creek WCID easement. IX. A. This contract shall be construed under and in accordance with the laws of the State of Texas,' and all obligations of the parties created hereunder are performable in Williamson County, Texas. B. 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. C. 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. D. 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. E. 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. EST: C j y Secretary CITY OF ROUND ROCK By: LANDOWNERS MMJ DEV OPMENT JOINT VENTURE Bv: MEADOW LAKE JOINT VENTURE By: 1 Milburn, Managing Venturer CONTINENTAL DIVERSIFIED INVESTMENTS, INC. By: ) - !y -4- ack E. Williams Signed the Carothers.' • NORTH EAST ROUND ROCK PARTNERS LIMITED By : £ ck E. Williams, eneral Partner day of , 1985 by Joe Joe Carothers ' Signed the day of , 1985 by James W. Clark, II. James W. Clark, II Signed the day of , 1985 by Louis W. DeWald. Louis W. DeWald -5- November 7, 1985 Mr. Don Wolf City Attorney City of Round Rock 214 East Main Street Round Rock, TX 78664 BNS:rms 1101f Please find attached six (6) copies of the referenced agreement. All participants have signed each copy. The Mayor should sign the agreement on behalf of the City of Round Rock and a fully executed contract should be returned to each participant. Also attached are two (2) invoices for work perofrmed by the engineer. These invoices and the $30,000.00 owed to Jim Spence, should be paid by the City of Round Rock with the Letters of Credit posted by the participants. The City is not expected to make any payments until all Letters of Credit due have been issued. Please call me if you have any questions. The bidding process is on schedule and bids will be opened on December 15, 1985. Sincerely, 4,127 Bruce N. Sloan Land Development cc Mayor Robinson Zack Williams Jim Spence David Gray Jim Nuse RECEIVED NOV 0 7 1385 The Bill Milburn Comp Building New Homes the Old Way Round Rock Regional Detention 11911 Burnet Road /P.O. Box 9802 *682 /Austin, Texas 78766/(512) 835 -HOME Haynie &Bollmmn Inc. CONSULTING ENGINEERS JIM SPENCE 9300 JOLLYVILLE RD *200 AUSTIN, TX 78759 ESTIMATED CONSTRUCTION COST ENGINEERING FEE raps CURVE o (5,9z) DESIGN FEE (85z) LESS PAYMENT RECEIVED TOTAL AMOUNT DUE THIS INVOICE THANK YOU ARnts 880564 NOVEMBER 6, 1985 INVOICE *9320.01 CLIENT *880 JOB *56*,26.27,28 x 29 (PARTIAL) REGIONAL DETENTION FOR SCS LAKE *14 - DESIGN SURVEYS OFFICE DESIGN APPROVALS a CONSTRUCTION ADMINISTRATION S1,500,000,00 88,500.00 REC. *75,225.00 (30. *45,225.00 PLEASE REFERENCE INVOICE 09320,01 ON YOUR c*scx, PAYMENT DUE UPON RECEIPT. 2115 North Mays • "~ndx~^ Texas 78664 • (512) 255-7861 CIVIL ENGINEERING • CONSULTANTS • MUNICIPAL ENGINEERING • LAND PLM')NING • SURVEYING JIM SPENCE 9300 JOLLYVILLE RD. *200 AUSTIN, TEXAS 78759 REGISTERED ENGINEER ENGINEER IN TRAINING DESIGN TECHNICIAN TOTAL AMOUNT DUE THIS INVOICE THANK YOU. ART/ts 880564.27 HaynieKallman&Gray,Inc. Consulting Engineers NOVEMBER 6, 1985 INVOICE *1270.01 - CLIENT *880 JOB *564.27 (PARTIAL) REGIONAL DETENTION FOR SCS LAKE *14 — HOURLY CHARGES FOR REDESIGN REQUESTED BY AFFECTED PROPERTY OWNERS 22.50 HRS @ $70.00 122.25 HRS @ $38.00 38.75 HRS 8 $33.00 $ 1,575.00 4,645.50 1.078.75 $ 7,499.25 PLEASE REFERENCE INVOICE *1270.01 ON YOUR CHECK. PAYMENT DUE UPON RECEIPT. REVISED INVOICE 12212 Technology Blvd., Suite 1-1 Austin,Texas 78727 (512) 250-8611 Civil Engineering Consultants Municipal Engineenng Land Planning Surveying rN) AGREEMENT FOR TEMPORARY CONSTRUCTION EASEMENT THE STATE OF TEXAS X X COUNTY OF WILLIAMSON X "GRANT OF EASEMENT 1. That the A. 'N, AVERY ESTATE, a Texas general partnership, (hereinafter called "Grantor "), for the sum of $1.00 and other valuable considerations paid by the City of Round Rock, (hereinafter called "Grantee "), does hereby GRANT, SELL AND CONVEY unto Grantee an easement and right -of -way upon and across the following described property of the Grantor: That portion of the certain tract of land owned by Grantor in the Thos. Toby Survey, Abstract 4A -624, Williamson County, Texas which is currently subject to a flood control easement in favor of Brushy Creek W.C.I.D. of Williamson and Milam Counties. CHARACTER OF EASEMENT 2. The easement granted herein is an easement in gross. PURPOSE OF EASEMENT 3. The right -of -way, easement, rights and privileges herein granted shall be used only for the purpose of installing and constructing those certain improvements ( "Improvements ") described in certain plans and specifications prepared by Haynie, Kallman and Gray, Inc., Engineers, entitled "SCS No. 14 Regional ,Detention Improvements" dated October 23, 1985 ( "Plans "). DURATION OF EASEMENT 4. The easement, rights, and privileges herein granted shall continue until construction of the Improvements are completed. Grantor hereby binds himself, his heirs, and legal representatives, to WARRANT AND FOREVER DEFEND the above - described easement and rights unto Grantee, its successors, and assigns, against every person whomsoever lawfully claiming or to claim the same or any part thereof. EXCLUSIVENESS OF EASEMENT 5. The easement, rights, and privileges granted herein are non - exclusive, and Grantor reserves and retains the right to convey similar rights and easements to such other persons as Grantor may deem proper. SECONDARY EASEMENTS 6. In addition to the easement, rights, and privileges herein conveyed, Grantee shall have the right to use so much of 1 the surface of the hereinbefore- described Rroperty of Grantor as may be reasonably necessary to construct and install the Improvements. Upon the completion of such construction, Grantee shall replace and restore all fences, walls, or other structures which may have been relocated or removed during the construction period. LIMITATIONS 7. It is expressly agreed and understood• that the easement, rights, and privileges herein conveyed to Grantee are . limited to the construction of the Improvements. TERMINATION 8. The easement, rights, and privileges granted hereunder shall terminate when, or at such time, as the purposes hereof cease to exist, are abandoned by Grantee, or become impossible of performance. RIGHTS RESERVED 9. Grantor also retains, reserves, and shall continue to enjoy the use of the surface of such property for any and all purposes which do not interfere with and prevent the use by. Grantee of the within easement. ENTIRE AGREEMENT 10. This instrument contains the entire agreement between • the parties relating to the rights herein granted and the obligations herein assumed. Any oral representations or modifications concerning this instrument shall be of no force and effect excepting a subsequent modification in writing, signed by the party to be charged. ATTORNEY'S FEES 11. In the event of any controversy, claim, or dispute relating to this instrument or the breach thereof, the prevailing party shall be entitled to recover from the losing party reasonable expenses, attorney's fees, and costs. NOT ASSIGNABLE 12. This easement shall not be assignable by the Grantee, except to Brushy Creek W.C.I.D. of Williamson and Milam Counties. IN WITNESS WHEREOF, this instrument is executed this o23tJ day of h- , 1985. GRANTOR: A.'N. AVERY ESTATE, a Texas general partnership By: - C.. Avery, Jr. Managing Genera artner Attest: cretary THE STATE OF TEXAS X X COUNTY OF TRAVIS X This instrument was acknowledged before me on this the 23rd day of October , 1985 by C.N. Avery, Jr. on behalf of ,the +A.,, N. 'Avery Estate. THE STATE OF TEXAS X X COUNTY OF TRAVIS X This instrument was acknowledged before me on this the -9-3 day of OL'ro43tVa. , 1985 by Mike Robinson, Mayor of the City of Round Rock, on behalf of said City. c)t;\,2/ • GRANTEE: THE CITY OF ROUND ROCK By: 2 4/L Mike Robinson, Mayor Notaky Public n and for the State of Texas Rosalynn Koepsell Typed or Printed Name of Notary My Commission Expires: Nov 30, 1988 e L 0 Notary Public in and o the State of Texas TDC C 'c( a1 a \4uj Typed or Printed Name f Notary My Commission Expires: S -3- STATE OF TEXAS § § COUNTY OF WILLIAMSON § Agreement THIS AGREEMENT is made and entered into on this 8th day of November, 1985, by and between the City of Round Rock, Texas ( "City ") and the MMJ Development Joint Venture ( "MMJ "), a Texas joint venture, developer of The Settlement, Stoney Brook, and Oakmont Crossing; Meadow Lake Joint Venture ( "Meadow Lake "), a Texas joint venture, developer of Meadow Lake; and Continental Diversified Investments, Inc., a Texas corporation and North East Round Rock Partners Limited, ( "Vista Heights "), developers of Vista Heights; ( "Landowners "). Recitals WHEREAS, Landowners own approximately 745.71 acres of land out of a total of 1408 acres contained in an area generally in and adjacent to north east Round Rock, said area being designated as the "Study Area" in Exhibit "A" attached hereto; and WHEREAS, the Study Area does not presently have regional detention facilities; and WHEREAS, a study performed by the engineering firm of Haynie & Kallman, Inc. has determined that in order for the Study Area to have regional detention, certain improvements to SCS Reservoir No. 14 must be constructed; and WHEREAS, Haynie & Kallman, Inc. has produced plans entitled "S.C.S. Lake No. 14 Site Grading Improvement" dated October 23, 1985, ( "Plans "), for the construction of certain improvements in connection with S.C.S. Reservoir No. 14, ( "Improvements "); and WHEREAS, the Landowners are willing to pay for the cost of the Improvements provided the total cost does not exceed $1,016,415.00; and WHEREAS, the City does not have current funds available for the construction of said Improvements. NOW, THEREFORE, it is agreed that: I. The Improvements will be funded as set forth in this Agreement. The Landowners will contribute to the cost of the Improvements as shown in the following table. No. of Acres No. of Acres In to be No. of Acres In Brushy Creek Multiplied Landowners Project Study Area Area WCID Easement by $1,500 Contribution MMJ- Settlement 59.11 30.90 28.21 $ 42,315.00 MMJ Stoney Brook 145.37 0 145.37 218,055.00 MMJ- Oakmont 65.51 0 65.51 99,765.00 Crossing Meadow Lake 141.37 38.20 103.17 154,755.00 Vista Heights 128.85 0 128.85 193,275.00 Phases 1, 2 & 3 Vista Heights 171.77 0 171.77 257,655.00 Phases 4, 5, 6 & 7 Vista Heights 33.73 0 33.73 50,595.00 Phases 8, 9 & 10 Total 745.71 69.10 ii. Each Landowner agrees to pay its share of the cost of the Improvements, provided that the cost is $1,016,415.00 or less. LANDOWNER AMOUNT OF REIMBURSEMENT Meadow Lake $30,000.00 IV. -2- 676.61 $1,016,415.00 Upon execution of this contract, and after receipt of bids by the City, each Landowner agrees to deposit with the City an irrevocable letter of credit in the total amount of its share, issued by a financial institution whose principal office is within the State of Texas in a form to be approved by the City Attorney. In the event the actual bid price and engineering fee is less than $1,016,415.00 each Landowner shall be entitled to a pro rata reduction in cost. Upon execution of this Agreement by each Landowner, and upon receipt of the letters of credit required by this Paragraph II, the City will proceed to promptly construct the Improvements. The contract will be let in the name of the City and the improvements will be constructed pursuant to the Plans. The City will advertise for bids. If the bids cause the total cost of the Improvements, including engineering fees, to exceed $1,016,415.00, any Landowner may declare this contract to be null and void. If the contract is declared to be null and void, the City and the Landowners will work together toward a revised contract to achieve regional detention in a manner satisfactory to all parties. The City agrees that all funds received by the City pursuant to the terms of this contract shall be held by the City in a separate account and shall not be spent for any purpose other than for costs directly associated with the design and construction of the improvements contemplated herein. Within ten (10) days of.the execution of the construction contract by the City, the City will reimburse certain Landowners for expenses incurred by them in connection with the design of the improvements in the amounts shown below. The City will pay Haynie & Kallman, Inc. for the balance of the engineering fees calculated pursuant to TSPE Curve B (which provides for revisions to be done on an hourly basis). It is contemplated that in the future other landowners and /or developers of other land within the Study Area (Non - participants) will be required to contribute to the cost of the Improvements in order to satisfy the City's drainage detention requirements in connection with platting and /or development of their land. Such other landowners and /or developers will be charged a subsequent user fee which shall be determined by the following formula: • Subsequent User Fee Non - participants acreage in Study Area x Total Project Cost 1408 x 1.2 10% interest compounded annually. The foregoing subsequent user fee shall be charged to such landowners and /or developers at the time their subdivision plat is filed with the City or if no subdivision plat is necessary, at the time application is made for water or wastewater service, whichever first occurs. These subsequent charges shall be used solely to reimburse the Landowners on the same pro rata basis as their respective contributions. Such reimbursements shall be made on a semi - annual basis on or about January 10 and July 10 of each calendar year. After the Landowners have been reimbursed, the City may use the subsequent user fees for any lawful purpose. The Participants will be fully reimbursed for any amount they have contributed over their actual contribution. The actual contribution should be calculated as follows: Participants Actual contribution = Participants acreage in Study Area less acreage in WCID easement VI. x Total Cost of Project 1408 This contract shall not be construed to exempt Landowners from the payment of any development, service, or permit fee otherwise required by ordinances of the City. VII. The City agrees that when all Landowners have signed this agreement and provided their letters of credit, each of the Landowners shall have fulfilled all of the City's requirements as to drainage detention facilities with respect to their land in the Study Area and no Landowner shall be required to provide any other drainage detention facilities in connection with development of the land that it owns within the Study Area. Provided, however, that the regional detention project is completed with sufficient capacity to meet the detention requirements of the Participants property within the Study Area. When all the Landowners have signed this agreement Landowner's land released from the Brushy Creek WCID easement shall be platted in accordance with the then existing subdivision ordinance requirements of the City. However, no drainage detention facilities shall be required of such released land, other than the completed Improvements. V III. Joe Carothers, James W. Clark, II, and Louis W. DeWald, owners of the North Lake tract, shall be entitled to become parties to this agreement as Landowners with the same rights and obligations as the other Landowners, by signing this agreement at the places indicated on Page 6, at any time before the contract for construction of the Improvements is signed by the City. In that event their contribution, and the contributions of the other -3- Landowners, will be calculated on the basis that the North Lake tract has 90 acres in the Study Area with no acres in the Brushy Creek WCID easement. IX. A. This contract shall be construed under and in accordance with the laws of the State of Texas, and all obligations of the parties created hereunder are performable in Williamson County, Texas. B. 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. C. 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. - D. 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. E. 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. ST: C y Secretary %N D ) AYLAJ CITY OF ROUND ROCK LANDOWNERS MMJ DEVELOPMENT JOINT VENTURE By: MEADOW LAKE JOINT VENTURE B CONTINENTAL DIVERSIFIED INVESTMENTS, INC. By: -4- Bill Milburn, Managing Venturer ck E. Williams Signed the day of Carothers. Signed the Clark, II. Signed the DeWald. NORTH EAST ROUND ROCK PARTNERS LIMITED By: £ �� ack E. Williams, General Partner Joe Carothers day of , 1985 by James W. James W. Clark, II day of , 1985 by Louis W. Louis W. DeWald -5- 1985 by Joe v6 7 " 5 . .5 \ • 55 4 BURRQ .• TRACT 7 • / • .5.5555,5,055 IT = 5 7 ."'555555 I GURE 2) EXHIBIT "A" TO REGIONAL DETENTION FACILITY PARTICIPATION AGREEMENT \ • „5.• ,.5.555.55555.0 5555 5.5. Haynie & KaJJman2 IlIc4 • CONSULTING tNGINEeft$ 12-212 Teqtthology Blvd Sui te H TexOs 18727 (512) 250-8611 • 141.4 ACRES 91.9 USEABLE ACR 109.9 ACRES 7 /'_ • 7 QUICK TRACT p7. 2 ACRES -"" „„,.... - 4 • 0." ••••••'",,,,,,,,,,‘„, i 4 k-, #4 0 / (.0 i / 0 1 , ; I .•• - • B TRACT \ N LSON TRACT 7 1 J I 7 EXHIBIT "A” TO REGIONAL DETMTION FACTLTTY PARTICIPMION AGREEMENT / Haynie 8t inc. CONSULTING ENGINEERS 12212 Technotogy Blvd. Suite H Austin, Texas 71372 (512) 250-8611