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R-87-953 - 2/12/1987RESOLUTION NO. 9.5 WHEREAS, the City Council has determined that it would be desirable to enter into a contract with the West Round Rock Water Group, and WHEREAS, the Council desires to enter into said contract, NOW THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS That the Mayor is hereby authorized and directed to enter into on behalf of the City a contract with the West Round Rock Water Group, a copy of said contract being attached hereto and incorporated herein for all purposes. RESOLVED this the /� day of 1987. ATTEST: r 41 ne Land, C 00 t Secretary MIKE ROBINSON, Mayor City of Round Rock, Texas STATE OF TEXAS COUNTY OF WILLIAMSON THIS AGREEMENT is of Rock, Texas, ( "City "); Hyland Joint Venture, Venture No. 1, L & N ( "Participants "); and ( "Project Manager "). WHEREAS, Participants own or have within their boundaries 4,699.183 acres of land contained in an area generally west of the city's limits, said area being designated as the "Study Area" in Exhibit "A" attached hereto, and WHEREAS, the Study Area does not presently have access to a sufficient municipal water service, and WHEREAS, a study performed by the engineering firm of Haynie, Kallman & Gray, Inc. has determined that in order for the Study Area to have access to City's water system, certain improvements consisting of several water lines and one or more elevated tanks must be constructed, ( "Improvements "), and WHEREAS, the City requires that the Improvements be oversized beyond the actual needs of the Participants in order to provide capacity for future development in the Study Area, WHEREAS, Haynie, Kallman & Gray, Inc. estimate that the total cost of constructing said Improvements, including an amount for contingencies, engineering, inspection, management, and legal fees is $ , all as set forth in Exhibit "G ", attached hereto, and WHEREAS, the City does not have current funds available for the construction of said Improvements, and WHEREAS, in order to construct the needed Improvements on a timely basis, as well as to take advantage of the economic benefits to be derived from sharing the construction costs, Participants wish to jointly finance the construction of the Improvements, and to contract with Riata Management, to administer the construction of the Improvements, Now Therefore, It is Agreed That: 1.01. Participants own or have within their boundaries the number of acres of land within the Study Area as indicated below: 1. Fern Bluff M.U.D. 2. Hyland Joint Venture Hyland North Joint Venture 2,209.540 E.C. Joint Venture No. 1 3. L & N Land Corp. 316.018 4. Tom E. Nelson, Jr., Trustee 1483.219 WTRAG2 2 -9 -87 NAME WEST ROUND ROCK WATER SYSTEM IMPROVEMENTS AGREEMENT made and entered into on this day , 1987, by and between the City of Round Fern Bluff Municipal Utility District, Hyland North Joint Venture, E.C. Joint Land Corp., and Tom E. Nelson, Jr., Trustee, Riata Management, a sole proprietorship, Recitals I. NUMBER OF ACRES 690.406 MORE PARTICULARLY DESCRIBED IN EXHIBIT 11511 11011 "D" "E" 2.01. The capacity of the water system Improvements to be constructed shall be measured in terms of Living Unit Equivalents (LUE's). For the purpose of this agreement an LUE is deemed to consume 480 gallons per day of water. Participants require for their respective tracts of land and the City agrees to provide the number of LUE's in the Improvements as indicated below: NAME 1. Fern Bluff M.U.D. 2. Hyland Joint Venture Hyland North Joint Venture E.C. Joint Venture No. 1 3. L & N Land Corp. 4. Tom E. Nelson, Jr., Trustee TYPE OF RESIDENTIAL UNIT Single Family Detached Duplex Tri -plex, four -plex and multi - family II. 2. LUE's 3,064 6,250 1,400 5,600 The number of LUE's in each segment of the Improvements shall be allocated to each Participant and City in accordance with Exhibit "Gn 2.02. The number of LUE's for residential uses shall be determined as follows: NUMBER OF LUE's 1.0 0.9 per unit 0.7 per unit 2.03. For commercial uses which distinctly comply with one of the following development types, the LUE's of service shall be as follows: TYPE OF COMMERCIAL UNIT NUMBER OF LUE'S Office 1 LUE /3000 Sq.Ft. of Floor Space Office Warehouse 1 LUE /4000 Sq.Ft. of Floor Space Retail; Shopping Center 1 LUE /1660 Sq.Ft. of Floor Space Restaurant; Cafeteria 1 LUE /200 Sq.Ft. of Floor Space Hospital (Includes Cafeteria) 3 LUE /Bed Rest Home (Includes Cafeteria) 1 LUE /Bed For facilities owned and operated by Public Schools, Counties, Fire Departments serving the public, and churches, the number of LUE's shall be determined in accordance with the following formula; Building Area x 6 x Land Area in Acres = LUE's Land Area For commercial uses which do not distinctly comply with any of the preceding development types, the number of LUE's of service shall be determined pursuant to certified engineers' data furnished to and approved by the City. 2.04. Participants shall be entitled to allocate their LUEs to their respective tracts, or any portion thereof, as they deem advisable. In the event of transfer of title to any respective tract, or any portion thereof, the City, unless notified as set forth hereinafter, shall deem that a pro rata number of LUEs are transferred with the conveyed property in accordance with the ratio between the area of the conveyed property to the total area of the property of the Participant owning such property at the inception of this Agreement. Provided, however, any Participant may designate in writing to the City the amount of LUEs transferred with the conveyance of any tract or portion thereof. 2.05. Participants shall not be permitted to transfer or assign their right to LUEs of line capacity except as follows: 1. To any purchaser of their respective tracts, or any portion thereof; 2. To any other Participant; or 3. Subject to City Council approval, which shall not be unreasonably withheld, to any property not described in the Exhibits hereto, provided such property shall be (i) adjacent and abutting to property described in the Exhibits hereto, and (ii) owned by a Participant who rotaino owncrohip now owns the adjacent and abutting property described in the Exhibits "B" through "E" hereto. 2.06. All Participants other than Fern Bluff Municipal Utility District shall be permitted to transfer or assign their right to LUE's of line capacity to a municipal utility district or a water supply corporation created with authority over their property within the Study Area owned by each of them. 2.07. Oversize capacity is required by the City to be built in the project for a maximum of LUE's which shall be allocated to the City in accordance with Exhibit "G" to be utilized as the City shall determine in its sole discretion. 3.01. Project Manager, upon the execution of this Agreement by all of the Participants, and in consideration of payment to Project Manager of a management fee of three percent (3 %) of the Revised Cost (as hereinafter defined) of the Improvements not already constructed, shall in its name, but on behalf of City, and the Participants: engage the services of to complete the plans Improvements, obtain the acceptance specifications, solicit bids and award any contracts for construction of the Improvements in compliance with the requirements of state law governing cities and where more restrictive, in compliance with the requirements of the Texas Water Code and the rules and regulations of the Texas Water Commission relating to water districts, and other applicable regulations for the construction of the Improvements, (d) enter into a contract (which shall include a payment and performance bond for the full amount of the contract) with the successful bidder or bidders, for the construction of the Improvements, 3. Haynie, Kallman & Gray, Inc. and specifications of the of the City of such plans and do such other acts and deeds as may be reasonably necessary or appropriate, in order to construct and administer the construction of the Improvements in accordance with the plans and specifications, and proceed with due diligence and to use its best efforts to accomplish in a timely manner all of the foregoing. 3.02. Project Manager, Participants, and City agree that any construction contract entered into for the construction of the Improvements shall include the following guarantee by the contractor to the Project Manager and City: The Contractor warrants the materials and workmanship and that the work is in conformance with the plans and specifications included in this contract for a period of one (1) year from the date of acceptance of the project. said warranty binds the contractor to correct any work that does not conform with such plans and specifications or any defects in workmanship or materials furnished under this contract which may be discovered within the said one (1) year period. The Contractor shall at his own expense correct such defect within thirty (30) days after receiving written notice of such defect from the City of Round Rock or Engineer by repairing same to the condition called for in the contract documents and plans and specifications. Should the Contractor fail or refuse to repair such defect within the said thirty (30) day period or to provide acceptable assurances that such repair work will be completed within a reasonable time thereafter, the City may repair or cause to be repaired any such defect at the Contractor's expense. and that such guarantee after acceptance of the Improvements by the City shall be assigned to the City for its benefit and the City shall look solely to the Contractor and /or Project Manager for remedy of any defect. 3.03. Within thirty (30) business days after execution of this Agreement by all parties, each of the respective Participants shall deposit either (1) an initial letter of credit in the form of the letter of credit attached hereto as Exhibit "F ", (2) a draw letter of credit in substantially the form of Exhibit "F -1 ", or (3) cash, with the Project Manager. The amount of the initial letter of credit or cash for each Participant shall be the amount set forth on Exhibit "G" beneath each Participant's name on the line marked "TOTAL ESTIMATED PARTICIPANT COST ". In the event any Participant fails to deposit its letter of credit or cash within the time prescribed above, any other Participant may by written declaration delivered to the City, Project Manager, and other Participants withdraw as a Participant without creating an Event of Default hereunder and with no further liabilities or obligations hereunder. However, upon deposit of all required letters of credit or cash, even if not timely received, the option to withdraw shall terminate, except as otherwise provided in paragraph 3.04. If the nonwithdrawing Participants do not elect to proceed, this Agreement shall terminate, and any cash and letters of credit previously deposited shall be returned to the Participants that deposited them, less any reasonable expenses theretofore incurred in furtherance of this Agreement. Upon opening of bids for construction of the Improvements and prior to the awarding of said construction contracts, the Project Manager shall notify the Participants of the amount of such bids, the Project Manager's estimate of the total cost of the Improvements based upon the accepted bids (including costs other than construction costs, generally as summarized on Exhibit "G ", such total cost being hereinafter called the "Revised Cost "), and the amount of each (e) (f) 4. Participant's share of the Revised Cost. The amount of each Participant's said share of the Revised Cost shall be the sum of the following: (1) the sum of the prorated costs for each Improvement described in Exhibit "G ", which prorated costs are each the product of multiplying each Participant's prorata percentage of each Improvement times the accepted bid amount for that Improvement, (2) the sum of the prorated engineering fees, contingency, and inspection fees for each Participant determined by multiplying the appropriate percentage times the total of the Participant's prorated costs based on the improvements described in Exhibit "G ", (3) legal fees of $3,000.00 per each Participant, and (4) each Participant's prorata share of the City's oversize share calculated by multiplying each Participant's prorate percentage of the City's costs times the accepted bid of the Improvements listed as oversized on Exhibit "G ". In the event the Revised Cost is greater than the Estimated Cost, within ten (10) business days after the notice from the Project Manager, each Participant shall, except as otherwise provided in paragraph 3.04, deposit an additional (or substitute) letter of credit or cash in an amount so that such Participant's letter(s) of credit or cash so deposited is equal to such Participant's share of the Revised Cost. In the event any Participant fails to deposit the required additional (or substitute) letter of credit or cash, said Participant shall be deemed in default of this contract and shall, in addition to being subject to all remedies provided by law or equity, forfeit all letters of credit or cash previously deposited. Said funds derived from the letters of credit or cash, LUE's previously reserved to such defaulting Participant, and the obligation of the defaulting Participant to deposit additional cash or letter of credit, shall be shared prorata by all non - defaulting Participants. Prior to completion and acceptance of the Improvements by the City a final Exhibit "G" will be prepared and the cost allocation of LUEs to the participants will be finally determined. Non - construction costs shall be equitably prorated among the Participants. Where non - construction expenses are attributable to specific line segments, the costs shall be prorated among the Participants based on their share of said segment. Where non - construction expenses cannot be attributed to a specific line segment, the cost shall be prorated among the Participants based on their total share of the Improvements. 3.04. In the event that the total of the lowest and best bids is in excess of one hundred twenty percent (120 %) of the Subtotal - Estimated Construction Contract Cost as shown on Exhibit "G ", attached hereto, then any of the Participants may elect to withdraw from this Agreement by written notice to the other parties hereto, and thereby be entitled to the return of its previously deposited cash or letters of credit less any reasonable expenses theretofore incurred in furtherance of this Agreement, provided that such election to withdraw must be received by the parties hereto within five (5) business days from the date that Project Manager gives written notice to the Participants and City of the amounts of the lowest and best bids. Participants who do not withdraw may elect to proceed with this contract under the same provisions set forth above relating to proceeding in the event one or more Participants fail to make additional deposits upon Revised Cost exceeding Estimated Cost as provided for in Section 3.03 above. If the nonwithdrawing Participants do not elect to proceed, this Agreement shall terminate and any cash and letters of credit previously deposited shall be returned to the Participants that deposited them, less any reasonable expenses theretofore incurred in furtherance of this Agreement. 3.05. During construction of the Improvements, Project Manager shall draw from time to time against the letters of credit or cash deposited hereunder such amounts as are necessary to pay the cost of Improvements (costs meaning all costs and expenses incurred by Project Manager including, but not limited to, engineering, surveying, legal, accounting, and condemnation costs, and the costs 5 . and expenses of construction of the Improvements) in accordance with the terms and provisions of the applicable construction contract or contracts or agreements with other parties relating to the construction of the Improvements. As each construction draw is made an additional draw of two percent (2 %) shall be paid to the City to reimburse it for its costs of inspecting the Improvements, and an additional draw of the three percent (3 %) management fee shall also be paid to Project Manager. Prior to the Project Manager's drawing against the letters of credit, the Project Manager shall notify each Participant in writing of the amount that is necessary to pay the above costs as set out in Exhibit "G ". For all such notices received by the Participants on or before the twenty -fifth (25th) day of each month, the Participants shall have until the tenth (10th) day of the following month to substitute cash in lieu of a draw against its letters of credit. Any notice received after the twenty -fifth (25th) day of each month shall be reviewed and paid in the next following billing cycle. 3.06. It is understood and agreed that Exhibit "G" was prepared on , 1987, based upon estimated costs of completion of the Improvements. The parties hereto agree that once the final construction contracts for the Improvements have been executed, such Exhibit "G" shall be revised to properly reflect the actual construction costs as indicated in the construction contracts. The parties hereto agree to deposit additional or substitute letters of credit or cash if the said revision to Exhibit "G" results in construction costs being greater than the estimate of construction costs on the same basis as outlined in paragraph 3.03 above upon Revised Cost exceeding Estimated Cost, which shall be deposited within ten (10) business days after receiving written notice from Project Manager. The parties hereto further agree that Project Manager may approve change orders with the contractors in an aggregate amount not to exceed one percent (1 %) of the total amount of such construction contracts without first obtaining the consent of the Participants. Any change orders shall be added or subtracted on a pro -rata percentage basis to the amounts shown on Exhibit "G" as appropriate, and prorated among the Participants in accordance with the manner in which non - construction costs are prorated as provided in paragraph 3.03 above, and shall be payable, within ten (10) business days after receipt of written notice from Project Manager. 3.07. Upon completion of construction of the Improvements, payment of all costs of the Improvements and within thirty (30) days following acceptance by the City of Improvements, the unencumbered balances of the letters of credit or cash deposited hereunder shall be returned by Project Manager to the respective Participants. 3.08. The City hereby agrees to the following provisions: (a) The City will provide use of any and all City rights -of -way and easements that might be reasonably needed by Project Manager to construct the Improvements and perform its obligations as herein provided. If necessary in order to provide further required easements, the City shall initiate eminent domain proceedings if such public necessity is declared by the City Council. All costs of acquiring such easements shall be included as part of the cost of the Improvements. (b) So long as a Participant is not in default under this Agreement, the City agrees to design and construct certain water improvements which shall provide adequate water flow to Participants through the Improvements being constructed by Participants, such improvements to include but not necessarily limited to a transmission line from the water treatment plant south to Hwy. 1431 sized to provide at a minimum the amount of water flow which can pass through the Improvements being constructed under this Agreement. The City agrees to pursue design and construction 6. of such improvements with due diligence. It is agreed and understood that the Participants shall have no further obligation to fund any facilities other than the Improvements to connect to the City's water system and other than those facilities for which the financing and /or construction are the subject of other agreements with the City and certain Participants. However, in the event the Improvements as designed and constructed are inadequate to provide the amount of water flow contemplated hereby, the City shall have no obligation to fund any redesign or upgrade of any of the Improvements, and such redesign or upgrade shall be the responsibility of Participants. (c) Although the Participants acknowledge that this Agreement does not provide for actual water service, nevertheless the City does agree to use its best efforts to acquire an adequate supply of water and to construct the necessary treatment facilities, transmission lines and appurtenances to provide water in the Improvements in the amounts contemplated herein. 3.09. In the event any Participant commits an Event of Default as defined herein, City and /or any non - defaulting Participants nay enforce specific performance of this Agreement against such Participant and /or seek damages and costs and attorneys fees as provided in 7.02 below. 3.10. Each of the following shall constitute an Event of Default by a Participant hereunder: (a) failure of such Participant to deposit any letter of credit or cash or to pay any sum required to be paid by such Participant under the terms and provisions of this Agreement during the time periods specified herein; or, (b) the failure of a Participant to perform any of the other covenants or obligations on its part contained herein. 3.11. (a) Each Participant shall have the right to review and comment upon the plans and specifications prior to acceptance by the City and submission to prospective bidders. The Project Manager shall notify each Participant in writing that the plans and specifications are ready for their review and comment and the Participants shall have five (5) business days to review said plans and specifications and to submit comments thereon. (b) Each Participant shall have the right to review and comment upon the contract for the construction of the Improvements prior to the execution thereof by Project Manager. The Project Manager shall notify each Participant in writing that the construction contract(s) are ready for their review and comment and the Participants shall have five (5) business days to review said contract and to submit comments thereon. 3.12. Upon completion of the Improvements in accordance with the plans and specifications, Improvements shall be the property of City and shall be operated and maintained by City and the City shall administer the Improvements in accordance with this Agreement and the rights of the Participants herein, provided however, the Participants shall retain the right to and shall have an undivided interest in the capacity and use of the water transmission lines equal to their pro rata participation in said lines. 3.13. Nothwithstanding anything in this Agreement to the contrary, the parties hereto consent to the assignment and transfer by any Participant of all of its rights and obligations hereunder to a municipal utility district or a water supply corporation hereafter created over the property within the Study Area owned by them. 7. IV. 4.01. Participants understand that the actual placement of the water line will result in some tracts being crossed by a line and some tracts not having immediate access to a line. The Participants who own tracts actually crossed by the line agree to grant to the City at no cost, reasonable easements for the placement, construction, maintenance and repair of the line. While every attempt will be made to locate the required easements along property lines and other locations most convenient to Participants, it is understood this is not always possible. It is agreed that the final determination of the best location for the easements will be made by the City in conjunction with Haynie, Kallman & Gray, Inc. V. 5.01. As indicated in the attached Exhibit "G ", the Participants are paying the City's share of this project. The Participants are entitled to be reimbursed for their contribution plus interest as provided in Chapter 8, Section 6.J. (4), Code of Ordinances, City of Round Rock, as— amendod' currently in effect. The City's obligation herein shall be satisfied by payment in full to the Project Manager of the Citv's share of the Improvements. The Proiect Manager shall then distribute the funds to the Participants in accordance with their agreement. t o y the y as full and Water LUE fees share of the costs of the project shall prepayment of required Water LUE fees a amended. The contributio considered b satis VI. VII. 8. red as a e• for in Chapter 8, Participant shall be complete payment and attributable to that 6.01. This Agreement shall not be construed to exempt Participants from the payment of any development, service, or permit fee otherwise required by ordinances of the City, unless otherwise agreed upon between the individual Participant and the City. 6.02. This is a water line agreement only. Water supply and /or service agreements are expressly excluded from this Agreement. 7.01. This Agreement 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. 7.02. 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. 7.03. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective legal representatives, successors and assigns. 7.04. 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 Aontract shall be construed as if such invalid, illegal, or unenforceable provision had never been contained herein. 7.05. This Agreement is not intended to amend any written contracts previously entered into between the City and any Participants concerning the provision of water service. 7.06. This Agreement shall not become effective unless executed by all parties and in the event all parties fail to execute it, any cash deposits or letters of credit shall immediately be returned by the Project Manager to the party depositing same. If all parties execute this Agreement, the effective date shall be the date signed by the City of Round Rock. 7.07. The City shall indemnify and save harmless each Participant and its agents and employees from all suits, actions, or claims of any character, type, or description brought or made for or on account of any injuries or damages received or sustained by any person or persons or property, arising out of, or occasioned by the negligent acts of City or its agents or employees, in the execution or performance of this Agreement. 7.08. This Agreement may be recorded in the Official Records of Williamson County by any party herein. ATTEST: CITY OF ROUND ROCK By Mike Robinson, Mayor (date) Joanne Land, City Secretary PARTICIPANTS: 1. FERN BLUFF MUNICIPAL UTILITY DISTRICT By: , President (date) 2. HYLAND JOINT VENTURE By: General Partner (date) HYLAND NORTH JOINT VENTURE By: General Partner (date) 9. E. C. JOINT VENTURE NO. 1, a Texas joint venture By: Robert Walter Cozean 1986 Trust, joint venturer By: Harriet Ann Cozean 1986 Trust, joint venturer By: PROJECT MANAGER By: By: Robert T. Cozean, Trustee (date) By: Robert T. Cozean, Trustee (date) By: Tiffanie Cozean 1986 Trust, joint venturer By: Robert T. Cozean, Trustee (date) By: Mary Lou Cozean 1986 Trust, joint venturer By: Robert T. Cozean, Trustee (date) By: Debra Sale Trust, joint venturer By: Ed Wendler, Jr., Trustee (date) 3. L & N LAND CORP. Bruce French, Vice - President (date) 4. TOM E. NELSON, JR., Trustee (date) RIATA MANAGEMENT James Hislop (date) 10. State of Texas County of Williamson This instrument was acknowledged before me on 1987, by Mike Robinson as Mayor of the City of Round Rock. State of Texas County of This instrument was acknowledged before me on 1987, by , president of the board of directors of Fern Bluff Municipal Utility District. State of Texas County of Notary Public, State of Texas Printed Name: My commission expires: Notary Public, State of Texas Printed Name: My commission expires: This instrument was acknowledged before me on 1987, by , general partner, on behalf of Hyland Joint Venture, a Texas joint venture. State of Texas Notary Public, State of Texas Printed Name: My commission expires: County of This instrument was acknowledged before me on 1987, by , general partner, on behalf of Hyland North Joint Venture, a Texas joint venture. State of Texas County of BEFORE ME, the undersigned authority, on the day of , 1987, personally appeared Robert T. Cozean, Trustee, of Robert Walter Cozean 1986 Trust, joint venturer in E.C. Joint Venture No. 1, a Texas joint venture, 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 capacity therein stated, and as the act and deed of said Trust in its capacity as a joint venturer of said joint venture. GIVEN UNDER MY HAND AND SEAL OF OFFICE this the day of , 1987. 11. Notary Public, State of Texas Printed Name: My commission expires: Notary Public, State of Texas Printed Name: My commission expires: State of Texas County of BEFORE ME, the undersigned authority, on the day of , 1987, personally appeared Robert T. Cozean, Trustee, of Harriet Ann Cozean 1986 Trust, joint venturer in E.C. Joint Venture No. 1, a Texas joint venture, 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 capacity therein stated, and as the act and deed of said Trust in its capacity as a joint venturer of said joint venture. GIVEN UNDER MY HAND AND SEAL OF OFFICE this the day of , 1987. State of Texas County of BEFORE ME, the undersigned authority, on the day of , 1987, personally appeared Robert T. Cozean, Trustee, of Tiffanie Cozean 1986 Trust, joint venturer in E.C. Joint Venture No. 1, a Texas joint venture, 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 capacity therein stated, and as the act and deed of said Trust in its capacity as a joint venturer of said joint venture. GIVEN UNDER MY HAND AND SEAL OF OFFICE this the day of , 1987. State of Texas County of BEFORE ME, the undersigned authority, on the day of , 1987, personally appeared Robert T. Cozean, Trustee, of Mary Lou Cozean 1986 Trust, joint venturer in E.C. Joint Venture No. 1, a Texas joint venture, 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 capacity therein stated, and as the act and deed of said Trust in its capacity as a joint venturer of said joint venture. GIVEN UNDER MY HAND AND SEAL OF OFFICE this the day of , 1987. 12. Notary Public, State of Texas Printed Name: My commission expires: Notary Public, State of Texas Printed Name: My commission expires: Notary Public, State of Texas Printed Name: My commission expires: State of Texas County of BEFORE ME, the undersigned authority, on the day of , 1987, personally appeared Ed Wendler, Jr., Trustee, of Debra Sale Trust, joint venturer in E.C. Joint Venture No. 1, a Texas joint venture, 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 capacity therein stated, and as the act and deed of said Trust in its capacity as a joint venturer of said joint venture. GIVEN UNDER MY HAND AND SEAL OF OFFICE this the day of , 1987. State of Texas County of This instrument was acknowledged before me on 1987, by Bruce French, Vice President of L & N Land Corp., a Texas corporation, on behalf of said corporation. State of Texas County of This instrument was acknowledged before me on 1987, by Tom E. Nelson, Jr., Trustee. State of Texas County of 13. Notary Public, State of Texas Printed Name: My commission expires: Notary Public, State of Texas Printed Name: My commission expires: Notary Public, State of Texas Printed Name: My commission expires: Notary Public, State of Texas Printed Name: My commission expires: This instrument was acknowledged before me on 1987, by James Hislop, sole proprietor of Riata Management, on behalf of said proprietorship. wx 1115°,rOO t Ltt 1; FERN . BLUFF E.t.a. NELSON TRACT L & N TRACT .lcu - a [t[aalm 1"4 a.c. war[quxF BRUSHY CREEK o 1. tl. sa wTtAwE PROPOSED WEST ROUND ROCK WATER SERVICE AREA STORAGE AND TRANSMISSION IMPROVEMENTS NELSON TRACT BRUSHY i CREEK NORTH I c,AS . aevarza uxx EXHIBIT A OS A.c. wAl[gtixt p.r. wgT[nt pxt LEGEXO 0 VERBAL DESCRIPTION OF PROJECTS II SYSTEM I0P001E TIENI5 FOR 01-10 CITY OF ROUND !TOED - a2" TRANSMISSION MA 16X .LONG CM Ia3I. This phase Is reflected as line numbers 105 and 106 In Exhibit A and .. _hibi1 6 in the participation agreement 0 0 0 E 0 S Y S T E M IMPROVEMENTS FOR 0 1 1 E C I T Y O f ROUND ROCK 30" iNTERCONNEC -TION T R A 1 1 5 M I S S I O N G I N - p 1 1 A S E A . ' . T h i s p h a s e i n c l u d e s l i n e number 109 a n d l i n e n u m b e r 110 v til it reaches ' _he.soutn asl'eOrrer of Brushy Creek North. :11ER SYSTEH IMPROVEMENTS FOR ERE CITY OF R011111) ROCK - 30" INTERCONNECTION TRANSMISSION (MAIN' .SE R. This phase was isolated o rder sides al alternate route , n9 proposed Artorlal 0. If this alternative doe: 0 fruition. this phase 0111 s:Setially be line number 111 tnd that part of line umber 110 along the south boundary Br n ushy Creek North. CII 1fSTEM IMPROVEMENTS FOR ERE CITY Of 1105110 ROCK. 36" TRANSMISSION MAIN ALONG F. 11, 1131 This phase reflects line nuipbers 107, 100 and 11] along the north boundar.Y 1 O r 1 S h y C r e e k no rth. I t s h o u l d b e n t e d t h a t i f i t becomes n e ary to delineate the pr0jec[% • 1111055nce with prorate participation, then line number 113 could become a separate phase. -ATER 51STEN IM5ROV.EMENTS FOR THE CITY Of ROUND 113[1. -- 500.000 GALLON ELEVATED STORAGE RESERVOIR. Al 5111/115 05EEx IIORTN. �o[I� aT[Mt1x Haynie Kall man & Gray, Inc. Consulting Engineers Austin,loxas EXHIBIT B CARLSON & DIPPRL SURVEYING COMPANY FIELD NOTES EXHIBIT "B ", Page 1 C ) 2499 CAPITAL OF TEXAS HWY., SUITE 105 • AUSTIN, TEXAS 78746 • (512) 3278290 Page 1 of 9 BEING ALL THAT CERTAIN TRACT OR PARCEL OF LAND OUT OF AND A PART OF 71IE J.H. DILLARD SURVEY, ABSTRACT NO. 179, SITUATED IN WILLIAMSON COUNTY, TEXAS, SAID TRACT BEING MORE PARTICULARLY DESCRIBED AS BEING THAT CERTAIN 207 ACRE TRACT OF LAND CONVEYED IN A DEED TO FRED C. OLSON, OF RECORD IN VOLUME 320, PAGE 306 OF THE WILLIAMSON COUNTY, TEXAS DEED RECORDS, SAID TRACT BEING 145.31 ACRES OF LAND MORE FULLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING at an iron pin found at the southwest corner of the herein described tract, a point in the south line of the J.H. Dillard Survey, Abstract No. 179 and the southeast corner of a tract described as 330 acres In a deed to Charles N. Avery, recorded in Volume 362, Page 477, Williamson County, Texas Deed Records, THENCE, with the most westerly fence line of the herein described tract, the following six (6) courses and distances, numbered 1 through 6, 1. N 18 °57'45" W, 1607.13 feet to a 60d nail set in a dead 8" cedar tree stump, 2. N 18 °55'02" W, 625.86 feet to an iron pin set at the base of an 11" post oak tree, 3. N 18 °26'50" W, 167.30 feet to a 60d nail set in the root of an 8" elm tree, 4. N 19 °02'13" W, 675.41 feet to a 60d nail set in the root of an 8" oak tree, 5. N 19 °04'59" W, 1010.75 feet to a Hilti nail set in the fence line, 6. N 19 °01'51" W, 135.56 feet to a point in the center of the south fork of Brushy Creek for the most northwesterly corner of the herein described tract, THENCE, with the center of the creek N 52 °44' E, 663.30 feet and N 47 °54' E, 628.75 feet to its confluence with Brushy Creek, THENCE, with the centerline of Brushy Creek, N 85 °02' E, 615.20 feet to a point in the center of the creek and in the south line of a tract described in a deed to Perry Mayfield, recorded In Volume 511, Page 698, Williamson County, Texas Deed Records, for the northeast corner of the herein described tract, THENCE, leaving said creek, S 08 °06'21" E, 118.85 feet to an Iron pin found in the south line of Brushy Creek Road, join and follow a fence line, in all 1489.10 feet to an iron pin set at a fence post, THENCE, following said fence, the following five (5) courses and distances, numbered 1 through 5, 1. S 02 °39'16" W, 206.89 feet to a 60d nail set in the base of a 24" cedar tree, 2. S 05 °36'46" E, 322.87 feet to a 60d nail set in the base of a 24" live oak tree, 3. S 09 °59'29" E, 237.77 feet to an iron pin set at the base of a 18" pecan tree, 4. S 15 °29'24" E, 740.61 feet to an iron pin found, 5. N 74 °38'58" E, 365.09 feet to an iron pin found in a fence line, being the ' west line of a tract owned by O.E. Beck, recorded in Volume 475, Page 227, Williamson County, Texas Deed Records, THENCE, following said fence, the following five (5) courses and distances, numbered 1 through 5, 1. S 15 °22'58" E, 416.21 feet to an iron pin found, O15on Tract Page No. SAVE AND EXCEPT from subject property .756 acres of land out of and a pert of that certain tract or parcel of land conveyed to Fred C. Olson of record in Volume 320, Page 306, Williamson County, Texas Deed Records, said .756 acres of land being that portion of Brushy Creek Road that crosses the above described 145.31 acre tract of land, being more fully described by metes and bounds as follows: BEGINNING at a point in the east line of said Olson tract, from which the northeast corner of said Olson tract, bears N 08 °06'21" W, 118.85 feet for the southeast corner of the herein described tract, THENCE, with the south line of the herein described tract, the following two (2) courses and distances, numbered 1 and 2, 1. S 85 °02' W, 3.27 feet, 2. S 86 °50'26" W, 743.43 feet for the southwest corner of the herein described tract, THENCE, N 47 °57' E, 73.27 feet far the northwest corner of the herein described tract, THENCE, with the north line of the herein described tract, N 86 °50'26" E, 685.69 feet for the northeast corner of the herein described tract, THENCE, S 08 ° 06'21" E, 46.07 feet to the PLACE OF B GINNING, containing .756 Acres of Land. Surveyed By: H Ricer Job No. 84 -075 9/24/84 145.31 Acres 2. S 24 °53'48' W, 1100.36 feet to an iron pin found, 3. S 24 °52'08" W, 79.86 feet to an iron pin found, 4. S 24 ° 50'55" W, 394.34 feet to an iron pin found, 5. S 69 °48'24" W, 538.28 feet to the PLACE OF BEGINNING, containing 145.31 Acres of Land. Carlson et Dip 2499 Capital of Tex ig Austin, Texas 78746 EXHIBIT "B ", Page 2 Page 2 of 9 Date / -,Z4/'ZJ5t SURVEYING COMPANY FIELD NOTES CARLSON & DIPPEL Page 3 of 9 BEING ALL THAT CERTAIN TRACT OR PARCEL OF LAND OUT OF AND A PART OF THE J.H. DILLARD SURVEY, ABSTRACT NO. 179, SITUATED IN WILLIAMSON COUNTY, TEXAS, SAID TRACT BEING MORE PARTICULARLY DESCRIBED AS BEING THAT CERTAIN 77.28 ACRE TRACT OF LAND CONVEYED IN A DEED TO MARVIN DAVID OLSON, OF RECORD IN VOLUME 599, PAGE 175 OF THE WILLIAMSON COUNTY, TEXAS DEED RECORDS, SAID TRACT BEING 77.40 ACRES OF LAND MORE FULLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING at a point in the center of Brushy Creek at the northeast corner of the 77.28 acre tract and in the south line of a tract owned by Perry Mayfield of record in Volume 511, Page 698, Williamson County, Texas Deed Records, THENCE, S 17 °07'49" E, 125.44 feet to an iron pin found in the south line of Brushy Creek Road, beside a fence corner post, THENCE, following the most easterly fence line of the herein described tract, the following seven (7) courses and distances, numbered 1 through 7, 1. S 16 °15'27" E, 263.16 feet to a 60d nail set In a 14" elm tree, 2. S 20 °22'22" E, 76.20 feet to an iron pipe found, 3. S 27 °09'06" E, 50.61 feet to a nail found in an 8" oak tree, 4. S 17 °45'46" E, 120.99 feet to an iron pin found, 5. S 19 °00'53" E, 600.20 feet to an iron pin found, 6. S 19 °17'04" E, 524.93 feet to an iron pin found, 7. S 19 °56'10" E, 47.56 feet to a 4" steel post found for a corner of the herein described tract, THENCE, with a fence line, the following four (4), courses and distances, numbered 1 through 4, 1. S 70 °04'28" W, 57.12 feet to an iron pipe found, 2. S 70 °15' W, 532.68 feet to a nail set in a 16" post oak tree, 3. S 70 °53'23" W, 27.30 feet to an iron pipe found, 4. S 71 °15'43" W, 839.45 feet to an Iron pin found beside a fence corner post, THENCE, with a fence line, being the west line of a tract owned by O.E. Beck of record in Volume 475, Page 227, Williamson County, Texas Deed Records, the following three (3) courses and distances, numbered 1 through 3, 1. S 15 °20'19" E, 180.17 feet to an iron pin found, 2. S 15 °22'51" E, 84.93 feet to an iron pin found, 3. S 15 °23'07" E, 621.53 feet to an iron pin found for a corner of the herein described tract, THENCE, following a fence, the following six (6) courses and distances, numbered 1 through 6, 1. S 74 °38'58" W, 365.09 feet to an Iron pin found for the southwest corner of the herein described tract, 2. N 15 °29'24" W, 740.61 feet to an iron pin set at the base of an 18" pecan tree, 3. 14 09 °59'28" W, 237.77 feet to a 60d nail set in the base of 24" live oak tree, 4. N 05 °36'46" W, 322.87 feet to a 60d nail set in the base of a 24" cedar tree, 5. N 02 °39'16" E, 206.89 feet to an iron pin set at a fence post, 2499 CAPITAL OF TEXAS HWY., SUITE 105 • AUSTIN, TEXAS 78746 • (512) 327.8290 EXHIBIT "B ", Page 3 Olson Tract 77.40 Acres Page No. 2 6. N 08 °06'21" W, 1370.25 feet to an iron•pin found in the south line of Brushy Creek Road, in all, 1489.10 feet to a point in the center of Brushy Creek, for the northwest corner of the herein described tract, THENCE, with the center of the creek, N 85 °02' E, 1031.70 feet and N 73 °53'21" E, 368.03 feet to the PLACE OF BEGINNING, containing 77.40 Acres of Land. SAVE AND EXCEPT from subject property 1.50 acres of land out of and a part of that certain tract conveyed to Marvin David Olson of record in Volume 599, Page 175, Williamson County, Texas Deed Records, said 1.50 acres of land being that portion of Brushy Creek Road that crosses the above described 77.40 acre tract of land, more fully described by metes and bounds as follows: BEGINNING at a point in the west line of the said Olson tract from which the northwest corner of said Olson tract bears N 08 °26'01" W, 72.78 feet for the northwest corner of the herein described tract, THENCE, with the north line of the herein described tract, the following three (3) courses and distances, numbered 1 through 3, 1. N 85 °02' E, 769.72 feet to a point of curvature, 2. With a curve to the left, whose radius equals 3075.06 feet, an arc distance of 598.11 feet and whose chord bears N 79 °27'40" E, 597.16 feet to a point of tangency, 3. N 73 °53'21" E, 42.27 feet for the northeast corner of the herein described tract, THENCE, 5 17 °07'49" E, 46.01 feet for the southeast corner of the herein described tract, THENCE, with the south line of the herein described tract, the following three (3) courses and distances, numbered 1 through 3, 1. S 73 °53'21" W, 43.09 feet to a point of curvature, 2. With a curve to the right, whose radius equals 3121.06, an are distance of 607.05 feet and whose chord bears S 79 °27'40" W, 606.10 feet to a point of tangency, 3. 5 85 °02'W, 767.19 feet for the southwest corner of the herein described tract, THENCE, N 08 °06'21" W, 46.07 feet to the PLACE OF BE containing 1.50 Acres of Land. Surveyed By: H Ricer Job No. 84 - 075 9/24/84 i> om Carlson 6c Dippe flT'7 gCompany 2499 Capital of Texas Highway, Suite 8105 Austin, Texas 78746 EXHIBIT "B ", Page 4 Page 4 of 9 FIELD NOTES FOR 466.402 ACRES Field notes describing n 466.402 acre tract of innd In the William Dugan Survey, Abstract No. 190. in Williamson County. Texas and being n port of n tract of land called 472.156 acres of land in s decd to 8111 Milburn. Inc. recorded in Volume 1020 Page 202 of the need Records of Williamson County. Texas end being more particularly described by metes and bounds as follows! • n)61NN(NG nt a point on the South line of County Road 1 174 for the Northeast corner of this tract from which point the intersection of the occupied South line of County Road 1174 and the occupied West line or n tract of lend conveyed to Clarence 1.. Souls by need recorded in Volume 608 Page 936 of the above mentioned Deed Records, and the Northeast corner of the above mentioned 472.156 acre tract heirs 5 75' 31' 03" 0 72.41 feet. 'frlk"N'C1:' S 19 33' 16' E 2721.90 feet to a point for an angle point. 1'!l£NCF .f 19° 19' 09' E 1481.33 feet to n point oe the occupied North line or 131.71 ncre tract conveyed to A.N. Robinson, dr. et a1 in Volume 413 Pnge 626 of the said Dead Records for the Southeast corner of this tract. 77111,VCi: with the occupied North line of the said 131.71 acre tract for the following four (4) courses: (i) S 67° 25' 44" 1✓ 253.91 feet to an iron pin found. (2) " (8 51' 37' W 436.37 feet to nn .Iron pin found. (3) S 68 44' 68" W 332.74 feet to an iron pin found. (4) .1 rig 47' 09" I✓ 407.51 feet to an iron pin found in the ortlrenst corner of Lot 1 in Block 12 of Brushy Creek Section Ton as recorded in Cabinet C Slides 324 through 331 of the Pint Records of Willinmson County. Texas and the occupied northwest corner of tlrn said 131.71 acre tract for the most b:n.etcrly Northeast corner of a Boundary Line Agreement. between 6.0. fleck and C.N. Avery Jr. et ni, recorded in Volume 648 Page 669 of the said Deed Records. THENCE with the said Boundary Line Agreement and the North line of (he said Block 12 for the following two courses! (1) e 68 27' 58" W 1903.98 feet to an iron pin found. (2) .0 69 43' 12' I✓ 1169.80 feet to an iron pin found in on angle point of the North line of Lot 29 in the sold Bloch 12 for the Southwest corner of the said 472.156 ncre tract and the Southwest corner of this tract. 1!169cE 0 19 00' 00" W with the said Boundary Line Agreement, the East line of the said Brushy Creek Section Two, the Bost line of The Hillside at llreshy Creek as recorded in Cabinet 0 Slides 305 and 306 or the said Plot Records, and the Eest line of Brushy Creek Section line, ns recorded in Volume 12 Pages 44 through 49 of the said Plat Records. 4256.28 feet to an • iron pin found in the intersection of the f•,nst line of Great Oaks Drive and the South line or County Road 1174, for the Northeast corner of the said Brushy Creek Section Ono. EXHIBIT "B ", Page 5 Page 5 of 9 Tni :NCR N 19° 00' 00' W of 40.00 feet pass and iron pin round in the intersection of the said Boundary Line Agreement and the North lino of County Road /176 and continue for a total of 189.00 feet to on iron pin found on the npproxtmate centerline of Brushy Creek. in the North end of the said noundnry Line Agreement and the most hesterly Northwest corner of the said 672.156 acre tract. TNCNC[i with the East line of Lot 7 In Dlock 6 of Great Oaks Section I as recorded in Volume 10 Pages 31 through 34 of the said Plat Pccorrls for the following two (2) courses: (1) ,s' 55 22' 20' 15 42.32 feet to an iron pin found. - (2) N 01 17' 66" F, 95.70 to an iron pin found in the Southwest corner of a 2.19 ncre tract of land conveyed to the Williamson Count,- Municipal Utility District No. 2 in Volume 738 Page 555 of the said Deed Records for the most Northerly Northwest corner of the said 472.156 acre tract and the Northwest corner of this tract. Tn,NCR N 76 08' 66' 1: 301.75 feet to an iron pin found in the , corner of of the said 2.19 acre tract end the Southwest r of n 5.34 acre- tract of land conveyed to Peel Gifford by recorded in Volume 633 Page 270 of the said Deed Records. IliloCli N 76 34' 58" li with the South line of the said 5.34 [car, 157,79 feet to nn iron pin set for an angle point. IWi0CE ,v 7P' 18' 32" R 85.85 feet to an iron pin set for an angle paint, ncre THENCE N 35 00' 03" R 65.20 feet to an iron pin found in the Southeast corner of the Raid 5.36 acre tract and the Southwest rnrn- r of n 6 .15 ncre tract conveyed to Paul Gifford In Volume 672 rape 463 of the said Deed records. fIENcE N O6 58' 56" R with the occupied South line of the said 6,15 ncre tract: 2 feet to an iron pin set for an angle point. 17 -NCE N 77 ° •17' 32" E 57.08 feet to en Iron pin set for an angle int. 'fui ;Arci •5 72" 05' 18" R 160.71 feet to on ,iron pin found in the ..,nlhea:t corner or the snid 6.15 acre tract and the Southwest ,.urn - of a 5.30 ncre act conveyed to Norio °hied° by deed r.,nrd e! .,t in Volume 665 I'nge 922 of the sold need Records. T111:',1'c !. 77° 17' 53' R with the South line of the said 5.30 acre lrac' 164,08 fort to no iron pin found. THENCE N 05" 16' 53" ii 106.90 feet to on iron pin round on the n.mt lino of 'Ton hewn village ns recorded In Cabinet G S1tde 319 of the said Plot Records for the Southeast corner of the said 5.30 ncre trnn-. 19 27' 51' F; 96.77 feet to n point on the nppro.rimnte center/in, of Brushy Greek'snid point being the Southwest corer of the snid Tooke.,, V.ilinge. EXHIBIT "B ", Page 6 Page 6 of 9 THENCE down the approximate centerline of Drishy Creek Snnth line of the said Tonkewa Village for the followlhg courses: (1) (2) (4) ( (5) (6) (7) (A) N 62° 79' 45' 1i 179.76 feet to en angle point. • 40" 26' 45' E 124.57 feet to an angle point. N 44 27' 50' F. 359.90 feet to an angle point. A' 40 32' 40' I: 168.36 feet to an angle point. N 41° 42'_47' r 342.87 feet to an angle point.. N 61° 2n' 45' r 237.75 feet to an angle point. 4 64" 45' 44' E 264,69 feet to an angle polnt. N 74° 04' 44' 8 218.93 feet to a point en the (test line of " 24.46 acre tract of lend conveyed to nenr Creek Joint Ve.urr,,re by deed recorded in Volume 950 Page 185 of the sold (leo') ltrcnrds. fl).8CE with the remains of en old fence on the West tine of the ^41.1 29.46 acre tract fur the following three (3) courses: (1) '; 02 14' 11' E 132.83 feet to on iron pin found. (7) .S 12" 54' 01' li 51.47 feet: to an iron pin found. (J) 06 ° '30' 32' r 127.58 feet to an iron pin found on the North lino of County Road 1174 for the Southwest corner of the snid 29.46 acre tract. THENCE S 06' 30' 32' R 44.16 occupied South line of County Road trait. THENCE with the occupied fo)inwlt,q nine (9) courses: (1) 4 66' 23' 39' E (2) N 68 36' 03' li (3) N 717° 01' 47' F. (4) N 73° 06' 40" E (5) N 75' 07' 5o' li (6) N N5' 43' 14' E (7) S A9° 26' 12' F, (A) S 96 37' 49' E (9) ,S 75 31' 03' E containing 466.402 and eight feet to nn Iron pin found on the /174 for an angle point of thin South line of County Road 1174 for 55.85 feet to an iron pin found. 108.17 feet to an iron pin found. 303.24 feet to on iron pin found. 163.02 feet to an iron pin found. 245.81 feet to an iron pin found. 112.87 feet to en iron pin found. 176.31 feet to en iron pin found. 246.95 feet to on iron pin fount(. 53.53 feet to the POINT OF BEGINNING acres of land more or less. 1. Timothy H. Haynie. A REGISTERED PUOLIC SURVEYOR, do hereby certify thnt these field notes accurately represent the results of an o r- the - ground survey made under my direction and supervision on the 25th day of September. 1985. All corners located are as shown. 7'bc• property described herein is correct and has no visible , ,crepancles. protrusions, e.ncronchments. easements, conflicts in houndnry• overlapping of improvements, roads In place. nor ..nrta,,', in area except an shown. This tract has access to nod from n ardicated roadway. 11AYNIE KALLNAN AND GRAY, INC. Timot y C. Nn •nie. Registered Public .Surveyor No. 2380 Onto' the (8) the EXHIBIT "B ", Page 7 Page 7 of 9 (1(440 NOTES RUM 2.794 ACRMS EXHIBIT "B ", Page 8 Pleb! notes describing a 2.794 ncre tract or 1nrr,l In the William 11 ,Surv..y, Abstract No. 190. In Ni111 omson CCM"t'v, Texas nod I „•;r. :,I1 or a 2.79 ncre. tract of land described in n .feed to Pill !ilbvr n, Inc. .recorded in Volume 1020 Page. 202 of the Ocr..1 9ncerd,, nr .Fill inmson 'County, 'Texas and being mare particularly described ,r foilowei 11r:INP,17(; at nn iron pin found in the interaccClot, or the gent line ur ,:r.•nt. Oaks Ilrive nod the occupied South line. of Cnunr.r Mond 1174 roe thn Northeast corner of 'trashy Creek Section One. s recorded I'ulumc 12 Pages 44 through 49 of the Pint Record. of Mi lilnmson County, ' ! '^ .r.a.v, and the Southwest corner of this Lrnct. Tut.NCI; N 19 00' (10” N 40.00 feet to an iron pips fonnd on the : rortb .line. of County Rood 1174 for the Northwe. ?1. corner of this tract. .,n;3 ;!: with the North line of the said County Mond 1174 for the renewing 010410en (16) courses: (1) .v 70° 44' 711" (4 201.63 foot to no iron pin found. (2) .4" 72° 58' 59" 74 428.71' feet to an iron pin found. (3) r 75 0!' 45 " - 8 220.08 feet to an iron pin f 7. (4) M 67° 56' 10' y 92.76 feet to an iron pin found (5) 7 60° 29' 16' ri 317.52 feet to on Iran plot found. (6) ,v 56 04' 52" g 183.29 feet to an iron pin round. (7) it 51 'i2' 34' li 252.50 feet to on iron pin found. (:1) N 49° 311' 04" h 155.72 feet to nn iron pin fo 1. (0) N 46' 7.7' 70" 6 312.05 feet to on iron pier found. (10) M 76° 21' 17" h' 55.00 feet to no .iron pin fonnd. (II) N 60° 08' 34" fi 137.15 feet to on iron pin round. (!Y) N 63° 1:1' 59' Ii 178.20 feet to an iron pin found. Hi) N 75° 46' 11" 1: 89.00 feet to on.iran pin found. (14) N 70' 47' 05" li 193.4 (ecC to oh iron p.rn found. (15) N 77° 53' 14" (4 117.7.7 feet to an iron pin fonnd. (16) 11 66° 11' 02" ri 99.44 feet to an .iron pin found In the S.711 (h IV,: t corner of a 29.46 nc re tract of land cooveyp.rl Co Fear Croak .Ini nt fon are by deed recorded in I'n t He, 950 Po 185 of (he above mentioned peer! Records for '..6e. onr14,nn,t ,.n rrror or this tract. • N (16' 70' 32' R 44.16 fool to an iron pin found on the . upic•d :;001.E 1i6c or County Road 1174 for the ,Southeast corner or (hie" (Inc . Page 8 of 9 11nte 9 -'6. 83 EXHIBIT "Br ", Page 9 Thl. :1'cI; with the occup/r.d ,South line of County Road ,!176 for the 1n11ni +Jo riot r.r.n (/6) cour.,cr.. ,sr (1) S 66° 23' 39' 6' 80.57 feet to nn iron pin found. f2) 77° 53' 51' II 131.1(9 feet to an iron pin found. (7) 5 76' 47' 05' N 193.25 foot to nn iron pin found. (4) .S 75 Ali' 11' W 84.25 feet to on .iron pin found. (5) .S 63 13' 50' 6' 175.60 feet to an iron pin found. (6) S 68 071' 34' 9 1.41.74 feet to nn iron pin found. (7) 5 76 21' 17' N 47.35 legit to en. Iron pin round. (5.) S 46° 52' 30' W 302.411feet to on iron pin found. (9) S 49' 38' 04' N 157.35 feet to an iron pin found. (10) 5 51' 32' 34' 9 254.03 fret to nn iron pin forma. (71) S 56' (14' 52' N 186.41 feet to an iron pin found. (1 ?1 5 60' 29' 16' 1 321.66 feet to an iron pin funnel. (13) 5 67° 56' 111' 19 97.44 feet 60 en iron pin found. (1A) S 75 01' 45' N 230.65 feet to nn iron p1,, found. (157 N 72° 577' 59' W 427.22 feet to an iron pin round. (16) 5 7(1° 64' 38' N 701.03 feet to the POINT (11' Illir:INNINC cootninin,' 2.794 acres of land more or less. 1. Timothy 1). on yn Je. A 1NiG!STIIR1i0 P0111. tC 51117914 011. an he ,hy c,rtiry [hot three field nol:os nod nttnchnrl pint :l:nwr[ "Ip pr nt reStsits of nn on- the- 1Jr•nund .survey r ode odor my .li r, :ci(0rr 011 suporvl,siarr on the 25th day of Soptember. 17r15. 4)1 .. err located are ns shown. The proprlrtr drsr.rihrd herein is r. mrrrct noel has no visible doscrepnncies, prntruo.1nn5 n,. vo l::, rrnscmcrrts. conflicts i n hanndnry, o ,, r, l alpine[ of r mpr, vrmrnt.s, roods in Place. nor slrortnpes In nren excnot ns h.:n, Th [ roc t has access to nerd from n dedi cn rnnrhr.•ry. IIAYNII4 RA1,Ll1AN A711' GRAY. .INC. � o tliy (1. lf.�ynle, I 908 !stared lnbi1c I,r„oynr• Nn. 2.180 Page 9 of 9 — EXHIBIT C DISTRICT BOUNDARY DESCRIPTION ' WILLIAMSON COUNTY MUNICIPAL UTILITY DISTRICT NO. 2 WILLIAMSON COUNTY, TEXAS METES AND BOUNDS LYING WHOLLY IN WILLIAMSON COUNTY, TEXAS AND BEING A 260.34 ACRE TRACT OF LAND OUT OF A 1545.14 ACRE TRACT IN THE JAMES SHELTON SURVEY, ABSTRACT NO. 552; JOHN MCQUEEN SURVEY, ABSTRACT NO. 179; AND THE J.M. HARRELL SURVEY, ABSTRACT NO. 284, SAID 1545.14 ACRE BEING A PART OF A CERTAIN TRACT OF LAND DESCRIBED IN A DEED FROM JENNIE BECK TO EUGENE O. BECK, ET UX; DEED OF RECORD IN VOL. 558, PAGE 30, AND BEING ALL OF A 40.0 ACRE TRACT OF LAND DESCRIBED IN A DEED FROM BESSIE CLARK SCHOOLEY, ET AL, TO EUGENE O. BECK, ET UX, DEED OF RECORD RECORDED IN VOL. 426, PAGE 526, AND BEING ALL OF A 782.0 ACRE TRACT OF LAND DESCRIBED AS THE FIRST TRACT IN A PARTITION DEED FROM JENNIE BECK TO EUGENE O. BECK, ET UX, DEED OF RECORD RECORDED IN VOL. 475, PAGE 227 OF THE DEED OF RECORDS OF WILLIAMSON COUNTY, TEXAS, SAID260.34 ACRE TRACT BEING MORE PARTICULARLY DESCRIBED BY THE FOLLOWING METES AND BOUNDS. BEGINNING AT AN IRON PIN IN THE NORTHWEST CORNER OF ,A 112.867 ACRE TRACT OUT OF THE ABOVE SAID 1545.14 ACRE TRACT AND BEING A PART OF THE SAID 260.34 ACRE TRACT,SAID 112.867 ACRE TRACT BEING MORE FULLY DESCRIBED IN A DEED OF CONVEYANCE AS RECORDED IN VOL. 649, PAGE 30 OF THE DEED OF RECORDS OF WILLIAMSON COUNTY, TEXAS. THENCE along the Following bearings and distances describing the said 260.34 acres. N 70° 11' 46" E a distance of 300.35'. N 66° 24' 58" E a distance of 72.52'. N 62° 10' 03" E a distance of 52.41'. N 59° 41' 55" E a distance of 717.04'. N 60 47' 28" E a distance of 122.88'. N 72° 05' 45" E a distance of 196.26'. 5 18° 16' 48" E o distance of 4256.53'. N 70° 18' 55" E a distance of 1169.80'. N 69° 14' 40" E a distance of 1905.27' S 19° 31' 45" E a distance 'of 1329.80'. EXHIBIT "C ", Page 1 Page 1 of 7 Page 2 of 7 5 71° 09' 39" W a distance of 482.76'. S 70° 05' 46" W a distance of 335.86'. 5 70° 48' 09" W a distance of 547.55'. 5 18 31' 18" E a distance of 393.00'. N 71° 36' 11" W o distance of 2403.03'. N 77° 31' 41" W a distance of 3169.32'. N 15° 41' 48" W a distance of 928.00'. N 70 54' 41" E a distance of 472.37'. N 70 59' 21" E a distance of 395.77'. N 69 53' 43" E a distance of 589.06'. N 20 20' 12" W a distance of 246.23'. N 19 09' 14" W a distance of 251.52'. N 19 20' 09" W a distance of 714.58'. N 17° 09' 01" W a distance of 81.41'. N 28 35' 35" W a distance of 43.90'. N 20° 08' 46" W a distance of 82.48'. N 16 44' 34" W a distance of 263.93' to the point of beginning, and containing 260.34 acres, more or Tess. EXHIBIT "C ", Page 2 DISTRICT BOUNDARY DESCRIPTION WILLIAMSON COUNTY MUNICIPAL UTILITY DISTRICT NO. 2 WILLIAMSON COUNTY, TEXAS METES AND BOUNDS LYING WHOLLY IN WILLIAMSON COUNTY, TEXAS AND BEING A 464.81 ACRE TRACT OF LAND OUT OF 1437.45 ACRES OF LAND, SAME BEING OUT OF JOHN POWELL SURVEY, ABSTRACT NO. 491, EPHRAIM EVANS SURVEY, ABSTRACT NO. 212, AND WILLIAM KINCAID SURVEY, ABSTRACT NO. 374 SAID 1437.45 ACRES BEING DESCRIBED IN A DEED OF CONVEYANCE FROM JAMES GARLAND WALSH AND WIFE, MILDRED WALSH TO TOM E. NELSON, JR. TRUSTEE r1, AS RECORDED IN VOLUME 571, PAGE 446 OF THE DEED OF RECORDS OF WILLIAMSON COUNTY, TEXAS. SAID 464.81 ACRE TRACT BEING MORE PARTICULARLY DESCRIBED BY THE FOLLOWING METES AN D BOUNDS. BEGINNING FOR REFERENCE AT AN IRON STAKE MARKING THE SOUTH- WEST CORNER OF SAID 1437.45 ACRE TRACT AS DESCRIBED IN SAID VOLUME 571, PAGE 446 OF THE DEED OF RECORDS, WILLIAMSON COUNTY, TEXAS. THENCE N 19 43' W a distance of 994.70' to o point. Page 3 of 7 TH ENCE N 20 01' W a distance of 157.56' to the point of beginning. THENCE Vie following bearings and distances describing the said 464.81 acres. N 19° 37' W a distance of 256.36'. N 54° 45' W a distance of 52.07'. N 20 12' W a distance of 517.71'. N 20 03' W a distance of 825.47'. N 19° 33' W a distance of 556.20'. N 20° 11' W a distance of 814.36'. • N 20 04' W o distance of 800.00'. N 20° 00' W a distance of 223.65'. N 70° 14' E a distance of 5131.05'. 5 21 05' 22" E a distance of 1721.21'. S 68° 06' W a distance of 173.92'. EXHIBIT "C ", Page 3 Page 4 of S 21° 01' E a distance of 2195.40'. S 65 41' W a distance of 598.64'. 5 69° 22' W a distance of 1291.65'. 5 69° 21' 52" W a distance of 100.39'. S 69° 22' W a distance of 2910.61' S 69° 16' 36" W a distance of 99.87'to the point of beginning, and containing 464.81 acres, more or Tess. EXHIBIT "C ", Page 4 BEING 1290.43 ACRES IN WILLIAMSON COUNTY, TEXAS, OF WIIICII 670,46 ACRES IS 114 THE JAMES 5111iL101'l SURVEY, ABSTRACT NO, 552; 523.02 ACHES 15 IN'1111. 1011N MC0111 SURVEY, ABSTRACT NO, 425; 74.00 ACRES IS IN THE JOHN 11, DILLAIRD SURVEY, ABSTRACT NO. 179 AND 22.95 ACRES IS IN THE J,M, HARRELL SURVEY, ABSTRACT 284, AND BEING OUT OF AND A PART OF A CERTAIN TRACT OF LAND DESCRIBED IN A DEED FROM JENNIE BECK TO EUGENE 0, BECK, ET UX, DEED OF RECORD IN VOL, 558, l'AGE 30 OF THE DEED RECORDS Of WILLIAMSON COUNTY, TEXAS, AND BEING A PORTION OF A 782,0 ACRE • TRACT OF LAND DESCRIBED AS DIE FIRST TRACT IN A PARTITION DEED FROM JENNIE DECK TO EUGENE O, BECK, ET UX, DEED DATED JANUARY 13, 1965, AND RECORDED IN VOL. .475, PAGE 227 OF THE DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, BEGINNING at on Iron stoke in the North Right -of -Way fine of F.M. Highway No. 620 for the most Southerly corner hereof, said point bean N 21° 49' W, 102.26 feel ban the Northwest corner of 0 254,5 acre Iraq of lend described Ina deed from Oscar E, Beck, el six, 10 Eugene Oscar Beck, et sox, deed of record In Vol, 360, Page 87 of the Deed Records of Williamson County, Texas; THENCE 14 19° 23' W, 476,84 feel 0 20 inch live 0ok,ond N 21 13' 58" W, 303.78 feet to o live ask stump for on Inside corner hereof; sold point being on or near the Norlheusl corner of the T1,an01 P. Davy Survey: TIIENCE with the fence along the South boundary line hereof and the North line of the Davy Survey 01 follows: 5 62° 18' 19" W, 91,58 feet to a 14 inch live ook; 5 69° 23' 39" W, 213.38 feet; 70' 25' 55" W, 190.87 feet to 0 6 inch live oak; S 70° 49' 15" W, 261.13 feet loo 12 inch elm; 70° 39' 26" W, 258,81 feet to a 14 inch cedar; 5 69° 56' 26" W, 107.89 (eel loo 14 inch live oak; 5 73° 30' 04" W, 82,64 (eel 10 a 6 Inch elm; 5 70 09' 23" W, 130.99 feet to a 14 Inch cedar; 5 70" 19' 25" W, 200,65 feet to 0 14 inch elm; 5 69 33' 36" W, 241.09 feel to on iron pin; 73° 05' 05" W, 193,54 feet loon Iron pin; 68° 17' 26" W, 409.36 feel loo pence pat; 5 68' 57' 44" W, 121,64 feel 10 o fence posi; S 76' 22' 13" W, 135.56 feel l0 on Iron pin; 5 73' 50' 35" W, 182,66 feet loo 24 Inch live oak for the Southwest corner hereof; THENCE with the fence along the Wes! boundary line hereof and the West boundary line of the above referred to 782,0 ocre trod as follows: N 19° 26' 43" W, 1211,06 feet; N 19' 26' 23" W, 804.93 feel; N 19° 29' 11" W, 1183.12 feet; N 19° 28' 30" W, 957,73 feet and N 18° 47' 28" W, 1740,44 feel 10 a fence corner poi for on outside corner hereof; THENCE 14 73° 29' 12" E, 1513,35 feel loo fence corner pal for on ell caner heleol; 11IEI4CE 14 20' 05' 39" W, 1522.32 feel to a fence corner post for on outside cn,ne, hereof; EXHIBIT "C ", Page 5 Page 5 of 7 nor THENCE N 69" 31' 43" E, 772.83 feet lo a fence posl,ond N 70° 12' 30" E, 541.00 feel to on Iron pin Isy a fence corner post; TIIENCE N 24° 23' 26" E, 1577,26 feel to an Iron pin by a fence post; THENCE N 15° 54' 28" W, 372.92 feel to on Iron pin by a fence corner post for the men! Nadine., caner of ibis trace same being the Southwest corner of Brushy Creek Subdivision, Section Two, as recorded in Vol, 12, Poge 58 of the Plot Records of Williamson County, Texas; THENCE with llte South line of Brushy Creek, Section Two, 5 77° 31' 41" E, 3169.32 feet, and S 71° 36' 11" E, 2403.03 feet 10 the Southeast caner of the said Brushy Creek, Section Two, being .0 the East line of the oforemenlioned Back Tract described in Volume 558, Page 30 of the said Deed Records; THENCE with the East line of t he said Beck tract, 5 18 31' 18" E, 544,57 feel, 5 18 32' 19" E, 278,33 feel to on iron pin,5 18° 41' 49" E, 212,19 feet to an iron pin,S 18 27' 20" E, 1067.15 leer to an iron pin,ond 5 17' 49' 36" E, 481.75 feet to an Iron pin in the North Right -of -Way of F.M. Highwoy No, 620 for the Southeast corner hereof; TIIENCE 390,77 feet along the arc of a curve to the right whose central angle h 24. 44' 31 ", whose radius is 903,93 feel long,and whose chord bean 5 18' 46' 44" W, and is 387,75 feet long 1a o concrete Right -of -Way monument marking the end of sold curve. TIIENCE 5 31° 09' W, 320.00 feet to a concrete Right -o( -Way monument marking the beginning of 0 Curve 10 the right, TIIENCE 351.90 feet along the arc of said curve to Outright whose central angle is 03• 33', whore radius is 5679.56 feet long, and whose chord bean 5 32° 55' 30" W, and is 351.90 feel long 10 o concrete Right -of -Way monument; TIIENCE 5 34° 42' W, 643.80 feel to THENCE 457,29 feel along the arc of whose rodius is 5779.56 feat long,and 10 a concoct. Right -of -Way monument TIIENCE 5 30° 10' W, 836,20 feet 10 of n curve 10 11,0 rlghl; o concrete Right -of -Way monument; o curve 10 the left whose central angle is 4• 32', whose clsord boon 5 32° 26' W, and is 457.17 feel long marking the end of said curve; o concrete Right -of -Way monument marking the beginning THENCE 659.25 feet along the arc of sold curve to the right whose central angle is 06° 39', whose rodius is 5679.56 feet long,and whose long chord bean 5 33° 29' 30" W, and is 658,00 feet long 10 o concrete Right -of -Way monument marking the end of sold curve; TIIENCE 5 36° 49' W, 2603.75 feet to a concrete RIght •of -Way monument marking Il,e beginning of 0 curve 10 11,. right; TIIENCE 744,68 feel olong the arc of said curve lo the right whose central angle is 19° 01' 47 ", whose radius Is 2241,82 feel long, and whose chord bean 5 46° 19' 53" W, ondis 741.26 feel long to the PLACE OF BEGINNING; containing 1290,43 acres of lond more or less, Field Notes prepared September, 1900 1 Public 'Records and Surveys by Russell D. Porker, Registered Public Surveyor No, 1661 in August, 1976, EXHIBIT "C ", Page 6 Page 6 of 7 lar"� BEING 193.96 ACRES OF LAND IN THE JOHN MCQUEEN SURVEY, ABSTRACT NO, 425 IN WILLIAMSON COUNTY, TEXAS, AND BEING OUT OF AND A PART OF A 254.5 ACRE TRACT OF LAND DESCRIBED IN A DEED FROM OSCAR E. BECK AND WIFE, JENNIE HICK TO EUGENE OSCAR BECK AND WIFE, GENELLE BECK, DEED DATED FEBRUARY 16, 1950, AND RECORDED IN VOL. 360, PAGE 07 OF THE DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, BEGINNING at on iron stoke on the Southeast Right -of -Way line of F,M, Highway No. 620 marking the Northeast corner of the above referred to 254.5 acre Iraq of land; THENCE along the said Right -of -Woy of F.M. Highway No, 620 as follows: S 34° 42' W, 249.92 feel to the beginning of o curve to the left; THENCE 449.41 fear along the arc of said curve to the left whose central angle It 4• 32', whose radius is 5679.56 (eel long,and whose chord bean S 32' 26' W and Is 449.29 feet long; THENCE 5 30° 10' W, 836.20 feet 10 the beginning of a curve to the right; Page 7 of 7 THENCE 670,06 feet along the arc of said curve to the right whose central angle is 06 39', rrkac radius is 5779.56 feel long,ond whose chord bean 5 33 29' 30" W, and is 670,48 (eel long; THENCE continuing wills the said Right-of-Way line, S 36 49' W, 1934,46 feet to on Iron stoke for the Northwest corner hereof; T(IENCE S 19° 31'2 0" E, 1364.91 feel loan Iron stake In line with the fence morking the Southwest corner hereof, sold point being on ell corner in the Sou,I, boundary line of the sold 254,5 acre tract and being on or near the Northwest corner of the Molcom M. Hornsby Survey; THENCE along the South boundary line of the said 254.5 acre Tract or fenced and the North line of the Hornsby Survey as follows: N 70' 39' 57" E, 692.34 feel 10 a 6 inch triple elm free; N 71 II' 06" E, 247.44 feet toa 10 inch elm tree; N 75° 09' 33" E, 138.01 feel to an 18 inch post oak Tree; N 68 12' 23" E, 218.98 feel to a fence corner pat; N 71° 21' 15" E, 2008,58 feet to on axle by a fence comer pat marking the Southeos! corner of the 254.5 acre tract and being the Southeast corner hereof; THENCE with the fence olong the East boundary line of the said 254.5 acre Iroct of land as follows: N 18' 54' 01" W, 1920,67 feet, and N 19 05' 14" W, 1922,62 feel to the PLACE OF BEGINNING, contairing 193.96 acres of land more or less, Field Notes prepared S•plember, 1980 from Public Records and Surveys by Russell D. Porker, Registered Public Surveyor No. 1661 in August, 1976, EXHIBIT "C ", Page 7 EXHIBIT "D", Page 1 MMIff PAGE 1 OF 2 FIELD MOTES OF 316.018 ACRES FI:::7 =TES describing ,a 316.018 acre tract or parcel of land, out of the wavhiugton Anderson Survey, - Abstract No. 15, situated in Williamson County, 2::.,=, being all of that certain 316.05 acre tract of land conveyed to Sam Bass 316 by deed recorded in Volume 951, Page 128 of the Deed Records of Williamson Cuunty, Ta:.as, found upon re -survey this date to contain 316.018 acres of land, and being more particularly described by metes and bounds as follows: =INNING at an iron pin net at or near a fence corner post being the in:cr::ection of the new north right -of -way line of P.M. 1431 and the east rit :ht- of-way line of. Sam Bars Road (County Road No 175), also being the routhmsct corner of said 316.05 acre tract, for the southwest corner and POINT OF =imam of the hereinafter described 316.018 acre tract; TDE: :CE departing said north right- of-way line of said P.M. 1431, along said east right-of-way line of Sam Cass Road, as fenced, for the west line hereof, t!n_ following four (4) courses: 1.) 1122 °05'F!, 1019.00 feet to an iron pin found for an angle point hereof; 2.) 1:20 °36.10 "1!, 791.13 feet to an iron pin found for an angle ioint hereof; 3.) t :31.13'16 "!!, 411.51 feet tb an iron gin found for an angle point hereof; 4.) i!23 °30'15 "M, 424.64 feet to an iron pin found at or near a fence corner post, being a southwest corner of a portion of that certain 511 acre tract of laud conveyed to Perry 0. Mayfield by deed recorded in Volume 258, Page 214 of said D Records, for the northwest corner hereof; =V= departing said east right - of-way line of said Sam Bass Road, aloqg the tautli lire of said 511 acre tract, as fenced, for the north line hereof, the following five courses: 1 �1 1'68 "E, 1202.36 feet to an iron pin found for an angle point hereof; 2.) JSS•42'35 "E, 904.69 feet to an iron pin found for an angle point hereof; 3.) :169 °54'34 "E, 1074.77 feet to a nail found for an angle point hereof; ,4.) tr;l•25'13 "E, 535.98 feet to an iron pin tound for an angle point hereof; S.) ::68•08'E, 1251.92 feat to an iron pin found at or near a fence corner post in the west line of that certain 1437.45 acre tract of land conveyed to Tom E. Velson, Jr. Trustee, by deed recorded in Volume 571, Page 446 of said Deed R22cords, being the southeast corner of said 511 acre tract, for the northeast corner hereof; along the west line of said 1437.45 acre tract, as fenced, for the east line hereof, the following two (2) courses: 1.) S20 °06'40:'E, 1002.71 feet to an iron pin found for an angle point hereof; 2.) C20 °03'30 "E, 1028.48 feet to an iron pin set at or near a fence corner post in the curving north right- of-way line of said F.M. 1431, for the southeast corner hcrecf; T.010E along said north right - of-way line of said P.M. 1431, as fenced, for the swuth line hereof, the following five (5) courses: 1.) along the arc of a.curve to the right having elements of delta- 00 °26'06 ", radius= 11359.16 feet, arc= 06.24 feet, tangent= 43.12 feet, chord and Chord bearing= 86.24 feet, 570 °48'57 "W to an iron pin set for a Point of Tangency hereof; 2.) 271.02'17, 3252.17 feet to a nail found for a Point of Curvature hereof; 3.) along the arc of a curve to the right having elements of delta= 01.38', radius= 11414.06 feet, arc= 325.30 feet, tangent= 162.70 feet, chord and chord bearing= 325.37 feet, 571 °51'W to an iron pin set for a Point of Tangency hereof; Field Notes of 316.018 Acres (continued) 4.) S72 °40 1132.29 feet to a nail found for a Point of Curvature hereof:, 5.) along the arc of a curve to the right having elements of delta- 01.19 ", radius= 7739.44 feet, arc= 179.09 feet, tangent- 89.55 feet, chord and Chord Y,oaring.. 179.08 feet, S72 °00 "W to the POINT OF BEGINNING of the herein described tract of land, containing 316.010 acres (or 13,765,761 square feet) of land. 4. +r= . EXHIBIT "D", Page 2 PAGE 2 OF 2 EXHIBIT "E" Gentlemen: ATTEST: wrrex -F IRREVOCABLE LETTER OF CREDIT NO. DATE: TO: Jim Hislop d /b /a Riata Management ( "Payee ") We hereby issue this Irrevocable Letter of Credit in your favor and authorize you to draw at sight on ourselves for the account of ( "Participant ") for any sum or sums not exceeding in the aggregate $ We do hereby agree with drawers, endorsers and bona fide holders of drafts negotiated under and in compliance with the terms of this Letter of Credit that the same shall be duly presented on or before December 31, 1987, but not thereafter, the affidavit of Jim Hislop stating that such letter is being called pursuant to the terms and provisions of that one certain West Round Rock Water System Improvements Agreement. We specifically waive all rights, if any, including but not limited to Section 5 - 12 of the Uniform Commercial code to defer or delay honor or payment of any sight draft. This credit is governed by the Uniform Commercial Code in force in the State of Texas on the date hereof and is subject to the Uniform Customs and Practices for Documentary Credits (1974 Revision), International Chamber of Commerce Publication No. 290. By: EXHIBIT "F" Its ! b de /4979Aci, EXHIBIT "F -1" 0001153, AMID 001 551E5 0.04E4E10 .1511!7110x: EAST 00111E 1101114100 BY: P.B.S. 011 6 -2 101 5418E11: OBE5418E11: 711•13614 !1X15 0,182- 091 -55 i.= 111:6 -2 DATE: JANDA. 27, 1897 FILE: 9011.51 1011E. YELSOM, 1r.. 511410)0/5 .. 1179 r M 0W0 BOCK L 1 111D CORP. 1919511E y LINE 1,600[,67 1,51111 000501. UN11 WI 60.2 FERN 11.487 M. 100E5511E51 W. 5E500111504 10411 L.F. PRICE 00015131 105E 101•1 PROR515 1 1004015 0051 I USE 10041 10500151 P505610 CO. 1 UBE 15911 P555410 1 00000!0 5555 1 051 15411 PROIMIA 1 0105910 0551: USE 15911 PMOAAIA 1 9105510 5011 2. - 42' 551E1 LIVE 0 14,063.55 5711 - -- 481.00 5526,011.00 1 6250.00 11.331 511,169.49 1 1,061.00 5.501 141,711.72 1 19,119.00 54.161 1258,000.56 I 1,100.00 3.851 120,111.51 1 5,600.00 15.531 151,100.01 105. 52. 65101 LINE 19,511.00 5255 0105.00 5544,000.05 I 0230.55 11.921 5111,253.20 1 3,061.00 15.651 155,449.05 1 3,272.00 16.111 491,534.10 1 1,400.00. 1.151 131,039.00: 5,600.00 55.601 1156,156,00 0106.. 42. 551E5 LIRE 19,552.00 4700 5105.00 5191,'500.001 6255.00 31.9E 0157,525.2013,061.00 15.651 977,731.751 3,272.00 - 16.111 182,463.551 1,400.00 - -7.19 135,215.25:5,600.50 - 15.601 1141,141.00 5 107. 24' MATER 115E 7,535.05 3000 560.00 1180,000.00 1 0.00 0.001 10.00 1 0.00 0.001 55.03 : 530.00 7.041 412,672.00 1 1,100.00 11.595 533,162.00 1 5,600.00 74.371 1113,866.00 4 101. 24' MATER LINE 1,535.55 1000 560.00 160,000.05 1 0,00 0.001 40.00 I 0.00 0.001 50.00 1 530.00 7.041 .4.124.50 1 1,400.00 15.541 011,054.00 : 5,600.00 14.321 541,622.00 111. 74 00104 LIME 5,317.00 1350 110.00 175,000.00 1 0.00 0.001 50.00 1 0.00 0.001 80.05 1 530.00 9.99 17,161.05 1 1,400.05 - 06.205 820,415.40: 3,397.00 63.771 119,100.30 109. 30 55155 LINE 11,555.63 2000 515.00 3150,000.50 1 6030.00 51.031 516,545.00 1 3,064.00 25.511 015,760.00 1 2,741,63 23.131 53,695.00 1 0.00 0.001 10.00 1 0.00 5.051 . 50.05 110. 30' MATER LIRE 11,118.63 4300 575.55 0525,515.551 593.00 19.071 1158,150.75 1 3,064.00 26.551 050,355.051 2,741.63 14.055 177,511.25 I 0.00 0.001 50.001 0.50 0.051 50.00 111. 30' 55155 LINE 11,009.63 1550 515.05 1337,555.00 1 5204,00 17.175 1159,536.25 : 3,064.00 27.531 593,926.25 1 2,116.00 19.725 111,567.50 1 0.00 0.001 50.00 1 0.00 0.001 50.00 112. 30' MATER LINE 10,101.00 2750 175.00 1105,500.00 1 5204.00 50.125 1104,100.20 1 3,064.00 29.515 411,525.35 1 2,116,03 20.355 142,197.30 1 0.00 0.001 10.00 1 0.00 D.001 60.00 2. 121. 30' 50115056E .9,511.00 2000 475.00 1150,055.551 5204,00 52.7E 179,000.00 12,551.00 15.141 138,760.001 0.00 0.005 00.001 0.00 0.001 50.00 1 0.00 0.001 00.00 75. 24 55751 LINE 7,113.00 2500 060.50 1155,000.00 1 5204.00 70.201 1105,300.00 1 2,209.00 29.001 544,700.00 1 0.. 0.052 50.55 1 0.00 0.001 10.00 : 0.00 0.001 15.00 71. 06 55110 013E 1 0,900.00 511 821.00 117,516.00 1 5204.00 15.1E 411,233.19 1 1,696.00 11.551 54,311.11 1 0.00 0.001 10.00 1 0.00 0.001 10.00 1 0.00 0.001 10.01 117. 16' 1.E0 131E 3,647.00 1400 810.00 09,000.00 1 2192.50 62.13E 631,707.2D 1 1,354.00 31.135 520,795.50 1 0.00 0.002 10.00 : 0.00 0.001 0.00 1 0.00 0.001 00.00 74. 16' WATER LINE 3,171.00 00 140.00 031,000.001 2793.00 65.971 121,110.40 1 1,153.00 14.031 110,089,001 0.00 0.001 50.00 1 0.00 0.001 50.00 1 0.00 0.505 0.00 ` 119. 16' MATER LINE 111.50 200 140.00 1104,000.00 I 0.00 0.001 10.00 1 171.00 150.005 8104,000.00 1 0.00 0.002 10.00 1 0.00 5.001 10.01 1 0.00 0.001 10.00 115. 16 54305 1105E 0 3002.00 1113 149.00 170,217.00 1 2911.00 94.451 166,319.96: 171.00 5.91 83,891,04 1 0.00 0.001 10.00 I 0.00 0.001 10.00 1 0.0D 0.005 50.00 170, 16' 55104 5150 1 3081.00 1511 449.00 074,156.00 I 2911.00 14.151 125,061.50: 111.00 5.555 01,117.32 1 0.00 0.001 10.00 1 0.00 0.002 50.00 1 0.00 0.011 00.00 17. 16' 04510 1.1110 2,151.00 350 110.00 1100,053,051 0.00 0.001 10.001 347.00 13.411 113,910.00 1 2,116.00 06.091 556,590.4015 0.00 0.501 40.001 0.00 0.001 50.00 101. 16' YAIEA LINE 1 2,116.00 1001 115.00 564,02.01 0.00 0.001 10.00: 0.00 0,001 40.00 1 2,116.00 100.001 11,4 172.00 15 0.00 0.001 10.05 1 0.00 0.001 10.00 16. 16 2116.00 905 138.00 134,10.00: 0.00 5.001 10.00 1 0.00 0.002 50.00 : 2,116.00 100.001 451,90.00 I. 0.00 0.001 10.00: 0.00 0.001 10.00 72, 10' 181105 LINE 1 341.05 1304 130.00 399,110.00 1 0.00 0.003 10.00 1 342.00 100.031 009,150.00 1 0.00 0.001 00.00 15 0.00 0.001 10.00 1 0.00 0.001 10.00 16. 16' 53120 LIKE 614 5120 040.00 4164,500.00 : 0.00 0.001 40.00 1 0.00 0.001 50,00 1 626.00 100.001 5164,00.. It 0.00 0.502 40,00 : 0.00 0.001 00.00 122. 12' WATER LINE 513.00 4705 030.00 1111,000.00 : 5.00 5.051 10.00 1 513.00 100.001 1141,000,. 1 0.00 0.051 0.00 I 0.00 0.002 50.00 1 0.03 0.001 0.00 551. 74• 547E5 LINE 5576.00 2555 10.00 1150,000.00 1 1046.00 12.201 415,150.40 1 0.00 0.001 45.00 1 530.00 6.10 49,270.00 : 1,103.00 16.322 921,450.00 : 5,600.00 65.301 597,950.00 1.00800574 12.4. L.S. 5250.000.001 1041.00 30.412 .6,100.00 1 0.00 0.501 40,05 1 530.00 19.111 815,700.00 : 1,100.00 51.451 1120,615.001 0.00 0.031 0.00 1.504 1.1. 10X11 L5. 01,168,200.00 1 3500.00 10.1E 1411,018.21 1 3,000.00 33.301 1417,011,10 I 2,116.00 24.381 4281,01.16 11 0.00 4.001 10.00 i 0.00 0.005 ------ 00.00 5.41 4101211L•0011M1E 0347RUC1105 15,725,410.00 1 41,591,547.16 1 11,386,175.21 I 11,315,401.52 I 4312,99.52 1 6705, 20574421 1081 4251,507.16 11294,07.1615 056,090.00 1416,090.0015 • 045501590570 00E 064,07.05 1161,572.0015 FOR 6610111015 1134,390.05155 5174 55552 5010 131,290.00 0164,100.00 . 10164 _ _ 001033 15,721,410.00 - 61,131,957.76 41,116,744.40 1764,014.36 1111,955.51 5705,175.67 EN511E50115 FEES 11011 1117561511 PEES 11011 CITY 0191211M FEEB 1231 LEGAL FEES 1112,0001 10551 1111101.15110115 TO 00110 50013 2557 1L15E 50.21 0031 4524,077.00 ENB11EER116 152,607.10 550/1110011 452,607.90 TOTAL 5631,294.00 1 1115552 07 REMAINING 015 ROCK 0400 220 P9RICIPMI USE 14111 85000 0.00.040 6750.00 35.312 3155 BUFF 1064.00 11.711 LIB 1100.00 8.551 1111505 900.00 31.312 16111.00 100.001 10101 ES11MA1ED 1 2001 FERN ALM PAYS ion 9 8595 1001 4 MEC C9 SL OP 11111 6571X4::0 C0151.27101 C1ST5 OF ALL 155.ED'S r 111 1116 15135 BID 55 04 10 -5 16 141:4'76 53I565 :000'1 :IE2 ex] 4 014E5 MUMS BID PAICA 0 10.146: 1572,141,00 4111,195.75 1195,674.14 076,102.41 131,293.53 .0,517.9 1512,141.00 1193,193.75 5148,674.45 476,447.44 0,517.57 115,116.00 155 525,006.31 5,5 415,855.15 151 59,324.11 150 1 31,295.55 31,135.52 555 $ 577 0,517.57 112,000.00 1],5..00 13,000.00 10.0 ------- _ .___. _..0 ._____. 03,000.00 13,000.00 55,141,10.00 12,116,121.61 12,155,414.03 1976,19.31 3305,20.06 4164,352.32 1117,960.31 10.05 10.00 10.00 10751 80000 ROD 103E151247 SNARE 1117,90.31 61,019,182.00 00.00 055,114.43 05.00 10.0 155,374.0 1631,791.. 0774,150.71 15112,960.311 1055,94.131 1521,290.161 11101,274.941 11791,150.511 17.461.373.76 10.00 0.00 10.00 40.00 50.00 125,290.0 10.00 10.00 1101,774.11 425,791.06 0101,221.95 1110,553.11 1165,511.26 DATE: February 10, 1987 SUBJECT: Council Agenda, February 12, 1987 ITEM: 13C - Consider a resolution authorizing the Mayor to enter into a contract with the West Round Rock Water Group. The West Round Rock contract is a multi - developer water line construction project which will construct major lines to L & N Land Corporation, Fern Bluff, Hyland Joint Venture, Hyland North Joint Venture, E.C. Joint Venture #1, Tom E. Nelson, Jr., Trustee, and the City of Round Rock. The group will construct the project and the city's oversized will be paid for as provided for in the oversize policy. STATE OF TEXAS COUNTY OF WILLIAMSON TH S AGREEMENT is made and entered into on this 1 day of , 1987, by and between the City of Round Rock, exas, ( "City "); Milburn Investments, Inc., Hy -land Joint Venture, Hy -land North Joint Venture, E.C. Joint Venture No. 1, L & N Land Corp., and Tom E. Nelson, Jr., Trustee No. 1 and Mayfield Ranch Venture, ( "Participants "); and Reata Management, a sole proprietorship, ( "Project Manager "). WHEREAS, Participants own or have within their boundaries approximately 4,700 acres of land contained in an area generally west of the City's limits, said area being designated as the "Study Area" in Exhibit "A" attached hereto, and WHEREAS, the Study Area does not presently have access to a sufficient municipal water service, and WHEREAS, a study performed by the engineering firm of Haynie, Kallman & Gray, Inc. has determined that in order for the Study Area to have access to City's water system, certain improvements consisting of several water lines and one or more elevated tanks must be constructed, ( "Improvements "), and WHEREAS, the City requires that the Improvements be oversized beyond the actual needs of the Participants in order to provide capacity for future development in the Study Area, WHEREAS, Haynie, Kallman & Gray, Inc. estimate that the total cost of constructing said Improvements, including an amount for contingencies, engineering, inspection, management, and legal fees is $7,073,982.00, all as set forth in Exhibit "G ", attached hereto, and WHEREAS, the City does not have current funds available for the construction of said Improvements, and WHEREAS, in order to construct the needed Improvements on a timely basis, as well as to take advantage of the economic benefits to be derived from sharing the construction costs, Participants wish to jointly finance the construction of the Improvements, and to contract with Riata Management, to administer the construction of the Improvements, Now Therefore, It is Agreed That: 1.01. Participants own or have within their boundaries the number of acres of land within the Study Area as indicated below: WTRAG NAME 3 -10 -87 WEST ROUND ROCK WATER SYSTEM IMPROVEMENTS AGREEMENT Recitals I. 1. Milburn Investments, Inc. 2. Hy -land Joint Venture Hy -land North Joint Venture 2,209.540 E.C. Joint Venture No. 1 3. L & N Land Corp. 316.018 4. Tom E. Nelson, Jr., 497.12 Trustee No. 1 Mayfield Ranch Venture 981.29 MORE PARTICULARLY DESCRIBED IN NUMBER OF ACRES EXHIBIT 690.406 "B" HC" HD" HE" "E -1" a 1 I TYPE OF RESIDENTIAL UNIT II. 2.01. The capacity of the water system Improvements to be constructed shall be measured in terms of Living Unit Equivalents (LUE's). For the purpose of this agreement an LUE is deemed to consume 480 gallons per day of water. Participants require for their respective tracts of land and the City agrees to provide the number of LUE's in the Improvements as indicated below: NAME LUE's 1. Milburn Investments, Inc. 3,064 2. Hy -land Joint Venture Hy -land North Joint Ventura 6,250 E.C. Joint Venture No. 1 3. L & N Land Corp. 1,400 4. Tom E. Nelson, Jr., Trustee No. 1 2,066 Mayfield Ranch Venture 3,534 The number of LUE's in each segment of the Improvements shall be allocated to each Participant and City in accordance with Exhibit "Gv 2.02. The number of LUE's for residential uses shall be determined as follows: NUMBER OF LUE's Single Family Detached 1.0 Duplex 0.9 per unit Tri -plex, four -plex and multi - family 0.7 per unit 2.03. For commercial uses which distinctly comply with one of the following development types, the LUE's of service shall be as follows: TYPE OF COMMERCIAL UNIT NUMBER OF LUE'S Office 1 LUE /3000 Sq.Ft. of Floor Space Office Warehouse 1 LUE /4000 Sq.Ft. of Floor Space Retail; Shopping Center 1 LUE /1660 Sq.Ft. of Floor Space Restaurant; Cafeteria 1 LUE /200 Sq.Ft. of Floor Space Hospital (Includes Cafeteria) 3 LUE /Bed Rest Home (Includes Cafeteria) 1 LUE /Bed For facilities owned and operated by Public Schools, Counties, Fire Departments serving the public, and churches, the number of LUE's shall be determined in accordance with the following formula; Building Area x 6 x Land Area in Acres = LUE's Land Area For commercial uses which do not distinctly comply with any of the preceding development types, the number of LUE's of service shall be determined pursuant to certified engineers' data furnished to and approved by the City. 2.04. Participants shall be entitled to allocate their LUEs to their respective tracts, or any portion thereof, as they deem 2. • • advisable. In the event of transfer of title to any respective tract, or any portion thereof, the City, unless notified as set forth hereinafter, shall deem that a pro rata number of LUEs are transferred with the conveyed property in accordance with the ratio between the area of the conveyed property to the total area of the property of the Participant owning such property at the inception of this Agreement. Provided, however, any Participant may designate in writing to the City the amount of LUEs transferred with the conveyance of any tract or portion thereof; such written designations to also be signed by the transferee. 2.05. Participants shall not be permitted to transfer or assign their right to LUEs of line capacity except as follows: 1. To any purchaser of their respective tracts, or any portion thereof; 2. To any other Participant; or 3. Subject to City Council approval, which shall not be unreasonably withheld, to any property not described in the Exhibits hereto, provided such property shall be (i) adjacent and abutting to property described in the Exhibits hereto, and (ii) owned by a Participant who now owns property described in the Exhibits "B" through "E -1" hereto. 2.06. All Participants other than Milburn Investments, Inc. shall be permitted to transfer or assign their right to LUE's of line capacity to a municipal utility district or a water supply corporation created with authority over their property within the Study Area owned by each of them. 2.07. Oversize capacity is required by the City to be built in the project which shall be allocated to the City in accordance with Exhibit "G" to be utilized as the City shall determine in its sole discretion. 3.01. Project Manager, upon the execution of this Agreement by all of the Participants, and in consideration of payment to Project Manager of a management fee of three percent (3 %) of the Revised Cost (as hereinafter defined) of the Improvements not already constructed, shall in its name, but on behalf of City, and the Participants: (a) engage the services of Haynie, Hallman & Gray, Inc. to complete the plans and specifications of the Improvements, (b) obtain the acceptance of the City of such plans and specifications, (c) solicit bids and award any contracts for construction of the Improvements in compliance with the requirements of state law governing cities and where more restrictive, in compliance with the requirements of the Texas Water Code and the rules and regulations of the Texas Water Commission relating to water districts, and other applicable regulations for the construction of the Improvements, (d) enter into a contract (which shall include a payment and performance bond for the full amount of the contract) with the successful bidder or bidders, for the construction of the Improvements, 3. 4. (e) do such other acts and deeds as may be reasonably necessary or appropriate, in order to construct and administer the construction of the Improvements in accordance with the plans and specifications, and (f) proceed with due diligence and to use its best efforts to accomplish in a timely manner all of the foregoing. 3.02. Project Manager, Participants, and City agree that any construction contract entered into for the construction of the Improvements shall include the following guarantee by the contractor to the Project Manager and City: The Contractor warrants the materials and workmanship and that the work is in conformance with the plans and specifications included in this contract for a period of one (1) year from the date of acceptance of the project. Said warranty binds the contractor to correct any work that does not conform with such plans and specifications or any defects in workmanship or materials furnished under this contract which may be discovered within the said one (1) year period. The Contractor shall at his own expense correct such defect within thirty (30) days after receiving written notice of such defect from the City of Round Rock or Engineer by repairing same to the condition called for in the contract documents and plans and specifications. Should the Contractor fail or refuse to repair such defect within the said thirty (30) day period or to provide acceptable assurances that such repair work will be completed within a reasonable time thereafter, the City may repair or cause to be repaired any such defect at the Contractor's expense. and that such guarantee after acceptance of the Improvements by the City shall be assigned to the City for its benefit and the City shall look solely to the Contractor and /or Project Manager for remedy of any defect. 3.03. Within thirty (30) business days after execution of this Agreement by all parties, each of the respective Participants shall deposit either an initial letter of credit in the form of the letter of credit attached hereto as Exhibit "F ", or cash, with the Project Manager. The amount of the initial letter of credit or cash for each Participant shall be the amount set forth on Exhibit "G" beneath each Participant's name on the line marked "TOTAL ESTIMATED PARTICIPANT COST ". In the event any Participant fails to deposit its letter of credit or cash within the time prescribed above, any other Participant may by written declaration delivered to the City, Project Manager, and other Participants withdraw as a Participant without creating an Event of Default hereunder and with no further liabilities or obligations hereunder. However, upon deposit of all required letters of credit or cash, even if not timely received, the option to withdraw shall terminate, except as otherwise provided in paragraph 3.04. If the nonwithdrawing Participants do not elect to proceed, this Agreement shall terminate, and any cash and letters of credit previously deposited shall be returned to the Participants that deposited them, less any reasonable expenses theretofore incurred in furtherance of this Agreement. Upon opening of bids for construction of the Improvements and prior to the awarding of said construction contracts, the Project Manager shall notify the Participants of the amount of such bids, the Project Manager's estimate of the total cost of the Improvements based upon the bids (including costs other than construction costs, generally as summarized on Exhibit "G ", such total cost being hereinafter called the "Revised Cost "), and the amount of each Participant's share of • • the Revised Cost. The amount of each Participant's said share of the Revised Cost shall be the sum of the following: (1) the sum of the prorated costs for each Improvement described in Exhibit "G ", which prorated costs are each the product of multiplying each Participant's prorata percentage of each Improvement times the accepted bid amount for that Improvement, (2) the sum of the prorated engineering fees, contingency, and inspection fees for each Participant determined by multiplying the appropriate percentage times the total of the Participant's prorated costs based on the improvements described in Exhibit "G ", (3) legal fees of $3,000.00 per each Participant, and (4) each Participant's prorata share of the City's oversize share calculated by multiplying each Participant's prorata percentage of the City's costs times the accepted bid of the Improvements listed as oversized on Exhibit "G ". In the event the Revised Cost is greater than the Estimated Cost, within ten (10) business days after the notice from the Project Manager, each Participant shall, except as otherwise provided in paragraph 3.04, deposit an additional (or substitute) letter of credit or cash in an amount so that such Participant's letter(s) of credit or cash so deposited is equal to such Participant's share of the Revised Cost. In the event any Participant fails to deposit the required additional (or substitute) letter of credit or cash, said Participant shall be deemed in default of this contract and shall, in addition to being subject to all remedies provided by law or equity, forfeit all letters of credit or cash previously deposited. Said funds derived from the letters of credit or cash, LUE's previously reserved to such defaulting Participant, and the obligation of the defaulting Participant to deposit additional cash or letter of credit, shall be shared prorata by all non - defaulting Participants. Prior to completion and acceptance of the Improvements by the City a final Exhibit "G" will be prepared and the cost allocation of LUEs to the participants will be finally determined. Non - construction costs shall be equitably prorated among the Participants. Where non - construction expenses are attributable to specific line segments, the costs shall be prorated among the Participants based on their share of said segment. Where non- construction expenses cannot be attributed to a specific line segment, the cost shall be prorated among the Participants based on their total share of the Improvements. 3.04. In the event that the total of the lowest and best bids is in excess of one hundred twenty percent (120 %) of the Subtotal - Estimated Construction Contract Cost as shown on Exhibit "G ", attached hereto, then any of the Participants may elect to withdraw from this Agreement by written notice to the other parties hereto, and thereby be entitled to the return of its previously deposited cash or letters of credit less any reasonable expenses theretofore incurred in furtherance of this Agreement, provided that such election to withdraw must be received by the parties hereto within five (5) business days from the date that Project Manager gives written notice to the Participants and City of the amounts of the lowest and best bids. Participants who do not withdraw may elect to proceed with this contract under the same provisions set forth above relating to proceeding in the event one or more Participants fail to make additional deposits upon Revised Cost exceeding Estimated Cost as provided for in Section 3.03 above. If the nonwithdrawing Participants do not elect to proceed, this Agreement shall terminate and any cash and letters of credit previously deposited shall be returned to the Participants that deposited them, less any reasonable expenses theretofore incurred in furtherance of this Agreement. 3.05. During construction of the Improvements, Project Manager shall draw from time to time against the letters of credit or cash deposited hereunder such amounts as are necessary to pay the cost of Improvements (costs meaning all costs and expenses incurred by Project Manager including, but not limited to, engineering, surveying, legal, accounting, and condemnation costs, and the costs 5. • • and expenses of construction of the Improvements) in accordance with the terms and provisions of the applicable construction contract or contracts or agreements with other parties relating to the construction of the Improvements. As each construction draw is made an additional draw of two percent (2 %) shall be paid to the City to reimburse it for its costs of inspecting the Improvements, and an additional draw of the three percent (3 %) management fee shall also be paid to Project Manager. Prior to the Project Manager's drawing against the letters of credit, the Project Manager shall notify each Participant in writing of the amount that is necessary to pay the above costs as set out in Exhibit "G ". For all such notices received by the Participants on or before the twenty -fifth (25th) day of each month, the Participants shall have until the tenth (10th) day of the following month to substitute cash in lieu of a draw against its letters of credit. Any notice received after the twenty -fifth (25th) day of each month shall be reviewed and paid in the next following billing cycle. 3.06. It is understood and agreed that Exhibit "G" was prepared on February 12, 1987, based upon estimated costs of completion of the Improvements. The parties hereto agree that once the final construction contracts for the improvements have been executed, such Exhibit "G" shall be revised to properly reflect the actual construction costs as indicated in the construction contracts. The parties hereto agree to deposit additional or substitute letters of credit or cash if the said revision to Exhibit "G" results in construction costs being greater than the estimate of construction costs on the same basis as outlined in paragraph 3.03 above upon Revised Cost exceeding Estimated Cost, which shall be deposited within ten (10) business days after receiving written notice from Project Manager. The parties hereto further agree that Project Manager may approve change orders with the contractors in an aggregate amount not to exceed one percent (1 %) of the total amount of such construction contracts without first obtaining the consent of the Participants. Any change orders shall be added or subtracted on a pro -rata percentage basis to the amounts shown on Exhibit "G" as appropriate, and prorated among the Participants in accordance with the manner in which non - construction costs are prorated as provided in paragraph 3.03 above, and shall be payable, within ten (10) business days after receipt of written notice from Project Manager. 3.07. Upon completion of construction of the Improvements, payment of all costs of the Improvements and within thirty (30) days following acceptance by the City of Improvements, the unencumbered balances of the letters of credit or cash deposited hereunder shall be returned by Project Manager to the respective Participants. 3.08. The City hereby agrees to the following provisions: (a) The City will provide use of any and all City rights -of -way and easements that might be reasonably needed by Project Manager to construct the Improvements and perform its obligations as herein provided. If necessary in order to provide further required easements, the City shall initiate eminent domain proceedings if such public necessity is declared by the City Council. All costs of acquiring such easements shall be included as part of the cost of the Improvements. (b) so long as a Participant is not in default under this Agreement, the City agrees to design and construct certain water improvements which shall provide adequate water flow to Participants through the Improvements being constructed by Participants, such improvements to include but not necessarily limited to a transmission line from the water treatment plant south to Hwy. 1431 sized to provide at a minimum the amount of water flow which can pass through the Improvements being constructed under this Agreement. The City agrees to pursue design and construction 6. • • of such improvements with due diligence. It is agreed and understood that the Participants shall have no further obligation to fund any facilities other than the Improvements to connect to the City's water system and other than those facilities for which the financing and /or construction are the subject of other agreements with the City and certain Participants. However, in the event the Improvements as designed and constructed are inadequate to provide the amount of water flow contemplated hereby, the City shall have no obligation to fund any redesign or upgrade of any of the Improvements, and such redesign or upgrade shall be the responsibility of Participants. (c) Although the Participants acknowledge that this Agreement does not provide for actual water service, nevertheless the City does agree to use its best efforts to acquire an adequate supply of water and to construct the necessary treatment facilities, transmission lines and appurtenances to provide water in the Improvements in the amounts contemplated herein. 3.09. In the event any Participant commits an Event of Default as defined herein, City and /or any non - defaulting Participants may enforce specific performance of this Agreement against such Participant and /or seek damages and costs and attorneys fees as provided in 7.02 below. 3.10. Each of the following shall constitute an Event of Default by a Participant hereunder: (a) failure of such Participant to deposit any letter of credit or cash or to pay any sum required to be paid by such Participant under the terms and provisions of this Agreement during the time periods specified herein; or (b) the failure of a Participant to perform any of the other covenants or obligations on its part contained herein. 3.11. (a) Each Participant shall have the right to review and comment upon the plans and specifications prior to acceptance by the City and submission to prospective bidders. The Project Manager shall notify each Participant in writing that the plans and specifications are ready for their review and comment and the Participants shall have five (5) business days to review said plans and specifications and to submit comments thereon. (b) Each Participant shall have the right to review and comment upon the contract for the construction of the Improvements prior to the execution thereof by Project Manager. The Project Manager shall notify each Participant in writing that the construction contract(s) are ready for their review and comment and the Participants shall have five (5) business days to review said contract and to submit comments thereon. 3.12. Upon completion of the Improvements in accordance with the plans and specifications, Improvements shall be the property of City and shall be operated and maintained by City and the City shall administer the Improvements in accordance with this Agreement and the rights of the Participants herein, provided however, the Participants shall retain the right to and shall have an undivided interest in the capacity and use of the water transmission lines equal to their pro rata participation in said lines. 3.13. Nothwithstanding anything in this Agreement to the contrary, the parties hereto consent to the assignment and transfer by any Participant of all of its rights and obligations hereunder to a municipal utility district or a water supply corporation hereafter created over the property within the Study Area owned by them. 7. IV. V. VI. 4.01. Participants understand that the actual placement of the water line will result in some tracts being crossed by a line and some tracts not having immediate access to a line. The Participants who own tracts actually crossed by the line agree to grant to the City at no cost, reasonable easements for the placement, construction, maintenance and repair of the line. While every attempt will be made to locate the required easements along property lines and other locations most convenient to Participants, it is understood this is not always possible. It is agreed that the final determination of the best location for the easements will be made by the City in conjunction with Haynie, Kallman & Gray, Inc. 5.01. As indicated in the attached Exhibit "G ", the Participants are paying the City's share of this project. The Participants are entitled to be reimbursed for their contribution plus interest as provided in Chapter 8, Section 6.J. (4), Code of Ordinances, City of Round Rock, as currently in effect. The City's obligation herein shall be satisfied by payment in accordance with the above referenced Section to the Project Manager of the City's share of the Improvements. The Project Manager shall then distribute the funds to the Participants in accordance with their agreement. 6.01. This Agreement shall not be construed to exempt Participants from the payment of any development, service, or permit fee otherwise required by ordinances of the City, unless otherwise agreed upon between the individual Participant and the City. 6.02. This is a water line agreement only. Water supply and /or service agreements are expressly excluded from this Agreement. VII. 7.01. This Agreement 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. 7.02. 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. 7.03. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective legal representatives, successors and assigns. 7.04. 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 Aontract shall be construed as if such invalid, illegal, or unenforceable provision had never been contained herein. 7.05. This Agreement is not intended to amend any written contracts previously entered into between the City and any Participants concerning the provision of water service. 8. ATTEST: • • 7.06. This Agreement shall not become effective unless executed by all parties and in the event all parties fail to execute it, any cash deposits or letters of credit shall immediately be returned by the Project Manager to the party depositing same. If all parties execute this Agreement, the effective date shall be the date signed by the City of Round Rock. 7.07. The City shall indemnify and save harmless each Participant and its agents and employees from all suits, actions, or claims of any character, type, or description brought or made for or on account of any injuries or damages received or sustained by any person or persons or property, arising out of, or occasioned by the negligent acts of City or its agents or employees, in the execution or performance of this Agreement. 7.08. This Agreement may be recorded in the Official Records of Williamson County by any party herein. CITY OF ROUND ROCK / pr By: f1A1 '~ -. 9 -4 / Mike Robinson, Mayor (date) am6C nne Land, City Secretary PARTICIPANTS: 1. MILBURN INVESTMENTS, INC. By: Bill Milburn, President 2. HY- LAN(. JOINT VENTURE By: p.4U.A :/'Lt �`itAJ:I4A Robert A. Fritsch Agent and Attorney -in -fact HY -LAND NORTH JOINT VENTURE By: FPNIAMI t. fit+ Robert A. Fritsch Agent and Attorney -in -fact E. C. JOINT VENTURE NO. 1, a Texas joint venture 9. By: Harriet Ann Cozean 1986 Trust, joint venturer (date) (date) (date) By: Robert Walter Cozean 1986 Trust, joint venturer ,( By: //Mr/ Ro ert T. Cozean, Trustee (date) By: e/• 14.6 Robert T. Cozean, Trustee (date) State of Texas County of • • By: Tiffanie Cozean 1986 Trust, joint venturer By: ` J %Ii Robe T. Cozean, Trustee (date) By: Mary Lou Cozean 1986 Trust, joint venturer By: Robert T. Cozean, Trustee da e) By: Debra Sale Trust, joint venturer By: 3- Ed Wendler, Jr , Trustee (date) 3. L & N LAND CORP. 4. By: 1 - 3\ L\ 1 Bruce French, Vice - President (date) TOM E. NELSON, JR., Trustee No. 1 (date) MAYFIELD RANCH VENTURE By: PROJECT MANAGER Tom E. Nelson, Jr., Partner (date) 10. State of Texas County of Williamson 1 k This instrument was acknowledged before me on)* I` , 1987, by Mike Robinson as Mayor of the City of Round Rock. Notary Public, State of 7 xas Printed Name: 1 boYQh F 3 . * - My commission expires:5-50 - g e t This instrument was acknowledged before me on. / 0 , 1987, by Bill Milburn, president of Milburn Investments, nc. Notary Public, State of Texas Printed Name: My commission expires: State of Texas County of This instrument was acknowledged before me on w7Ce v/ 1987, by Robert A. Fritsch, Agent and Attorney -in -fact, on behalf of Hy -land Joint Venture, a Texas joint venture. State of Texas County of 1�./WX %;./ ..fix. This instrument was acknowledged before me on`27,e2 Le 1987, by Robert A. Fritsch, Agent and Attorney -in -fact, on behalf of Hy -land North Joint Venture, a Texas joint venture. /-v 2 -L- Notary lic, Smote o Teas Printed Name: �/ d My commission exp es: i n 75 State of Texas County of BEF E , the undersigned authority, on the � day of 4,10 , 1987, personally appeared Robert T. Cozean, Trustee, of Robert Walter Cozean 1986 Trust, joint venturer in E.C. Joint Venture No. 1, a Texas joint venture, 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 capacity therein stated, and as the act and deed of said Trust in its capacity as a joint venturer of said joint venture. �, GIVE Z / UN MY HAND AND SEAL OF OFFICE this the .2%7 day of ) , 1987. / h to P�,,,� Notary Publi , State of Texas u Commission Exp 02 Printed Name: My commission expires: County of BEFORE ME the undersigned authority, on the �%� day of `if , 1987, personally appeared Robert T. Cozean, Trustee, of fIarriet Ann Cozean 1986 Trust, joint venturer in E.C. Joint Venture No. 1, a Texas joint venture, 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 capacity therein stated, and as the act and deed of said Trust in its capacity as a joint venturer of said joint venture. GIV U DER MY HAND AND SEAL OF OFFICE this t. zlday of , 1987. / / /Ii�e,i/ Notary Pub .r State of Texas Printed Name: My commission expires: BRIAN A. K1JE4ER Notary Public, Stole zi Tern v Commission Expires- 02,07/90. • • 11. Notary'9 St a of Tex s Printed Name: � e/q //{ aTo jj My commission expii- s: `/) # P State of Texas County of /4 (ti 1'J BEF the undersigned authority, on the 27 m day ofd/ , 1987, personally appeared Robert T. Cozean, e, Trust of Tiffanie Cozean 1986 Trust, joint venturer in E.C. Joint Venture No. 1, a Texas joint venture, 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 capacity therein stated, and as the act and deed of said Trust in its capacity as a joint venturer of said joint venture. GIVEN UNDER MY HAND AND SEAL OF OFFICE this t•- 1 7 day of J / , 1987. BRIAN A. KI IETR Notary Public, Sete o; T axas My Commissmr Expns: 02 /07/30. State o Texas County of County of BEFO E , the undersigned authority, on the —7 day of , 1987, personally appeared Robert T. Cozean, Trus ee, of Mary Lou Cozean 1986 Trust, joint venturer in E.C. Joint Venture No. 1, a Texas joint venture, 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 capacity therein stated, and as the act and deed of said Trust in its capacity as a joint venturer of said joint venture. GIVE ER MY HAND AND SEAL OF OFFICE this the 7 day of , 1987. BRIAN A. KUFKER Notary Pohl ls, Pd. ;: T ^aas My Comm ssioo Exp2 o: 32/07/90 State of Texas State of Texas • • GI UNDk R MY HAND AND SEAL OF OFFICE of , 1987. 12. Notary Public, State of Texas Printed Name: My commission expires: Notary Public, `tate of Texas Printed Name: My commission expires: BEF•3 M / the undersigned authority, on the ,.fie U day of Ari/' - 1987, personally appeared Ed Wendler, Jr., Trustee, of Debr= Sale Trust, joint venturer in E.C. Joint Venture No. 1, a Texas joint venture, 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 capacity therein stated, and as the act and deed of said Trust in its capacity as a joint venturer of said joint venture. this the - day Notary Public, S to of TP a� Printed Name: Lc -cL L t 6� My commission expires: County of /I This instrument was acknowledged before me on ar'/) 1987, by Bruce French, Vice President of L & N Land orp., a Texas corporation, on behalf of said corporatio m 4644v AL Notary Public, State of Texas Printed Name: My commission expires: State of Texas County of County of This instrument was acknowledged before me on 1987, by Tom E. Nelson, Jr., Trustee. State of Texas • • Notary Public, State of Texas Printed Name: My commission expires: This instrument was acknowledged before me on 1987, by Tom E. Nelson, Jr., general partner, on behalf of Mayfield Ranch Venture, a Texas joint venture. Notary Public, State of Texas Printed Name: My commission expires: State of Texas �( County of 0,4/64 This instrument was acknowledged before me on 1987, by James Hislop, sole proprietor of Reata Man ement g , behalf of said proprietorship. 13. •1 on Notary Pu is , S to 9f T xa Printed N me: q go/Tr d S,44 - My commission expi es: in'5c1a 7A4 7[2 mTkg MI. MY Mine ID MIL 44. ••••• NELSON TRACT MT. C At. rTEINAIN EXHIBIT A PROPOSED WEST ROUND ROCK WATER SERVICE AREA STORAGE AND TRANSMISSION IMPROVEMENTS �Enm o 000. 00000 w -- ny ▪ ir rt rev= Lam stomftece PROP OE ED 1.0 NO I000DPI PE MAiATexas E.OT!X4 1Y 0.1. r.TexuxE His€ Haynie mg n G Engineers bL • • EXHIBIT B CARLSON & DIPPLL SURVEYING COMPANY FIELD NOTES BEING ALL THAT CERTAIN TRACT OR PARCEL OF LAND OUT OF AND A PART OF THE J.H. DILLARD SURVEY, ABSTRACT NO. 179, SITUATED IN WILLIAMSON COUNTY, TEXAS, SAID TRACT BEING MORE PARTICULARLY DESCRIBED AS BEING THAT CERTAIN 207•ACRE TRACT OF LAND CONVEYED IN A DEED TO FRED C. OLSON, OF RECORD IN VOLUME 320, PAGE 306 OF THE WILLIAMSON COUNTY, TEXAS DEED RECORDS, SAID TRACT BEING 145.31 ACRES OF LAND MORE FULLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING at an iron pin found at the southwest corner of the herein described tract, a point in the south line of the J.H. Dillard Survey, Abstract No. 179 and the southeast corner of a tract described as 330 acres in a deed to Charles N. Avery, recorded in Volume 362, Page 477, Williamson County, Texas Deed Records, THENCE, with the most westerly fence line of the herein described tract, the following six (6) courses and distances, numbered 1 through 6, 1. N 18 °57'45" W, 1607.13 feet to a 60d nail set in a dead 8" cedar tree stump, 2. N 18 °55'02" W, 625.86 feet to an iron pin set at the base of an 11" post oak tree, 3. N 18 ° 26'50" W, 167.30 feet to a 60d nail set in the root of an 8" elm tree, 4. N 19 °02'13" W, 675.41 feet to a 60d nail set in the root of an 8" oak tree, 5. N 19 ° 04'59" W, 1010.75 feet to a Hilti nail set in the fence line, 6. N 19 °01'51" W, 135.56 feet to a point in the center of the south fork of Brushy Creek for the most northwesterly corner of the herein described tract, THENCE, with the center of the creek 14 52 °44' E, 663.30 feet and 14 47 °54' E, 628.75 feet to its confluence with Brushy Creek, THENCE, with the centerline of Brushy Creek, N 85 °02' E, 615.20 feet to a point in the center of the creek and in the south line of a tract described in a deed to Perry Mayfield, recorded in Volume 511, Page 698, Williamson County, Texas Deed Records, for the northeast corner of the herein described tract, THENCE, leaving said creek, S 08 °06'21" E, 118.85 feet to an iron pin found in the south line of Brushy Creek Road, join and follow a fence line, in all 1489.10 feet to an iron pin set at a fence post, THENCE, following said fence, the following five (5) courses and distances, numbered 1 through 5, 1. S 02 °39'16" W, 206.89 feet to a 60d nail set in the base of a 24" cedar tree, 2. S 05 °36'46" E, 322.87 feet to a 60d nail set in the base of a 24" live oak tree, 3. S 09 °59'29" E, 237.77 feet to an iron pin set at the base of a 18" pecan tree, 4. S 15 °29'24" E, 740.61 feet to an iron pin found, 5. N 74 °38'58" E, 365.09 feet to an iron pin found in a fence line, being the west: line of a tract owned by O.E. Beck, recorded In Volume 475, Page 227, Williamson County, Texas Deed Records, THENCE, following said fence, the following five (5) courses and distances, numbered 1 through 5, 1. S 15 °22'58" E, 416.21 feet to an iron pin found, 2499 CAPITAL OF TEXAS HWY., SUITE 105 • AUSTIN, TEXAS 78746 • (512) 327 - 8290 EXHIBIT "B ", Page 1 Page 1 of 9 Olson Tract 145.31 Acres Page No. 2 2. 5 24 °53'48" W, 1100.36 feet to an iron pin found, 3. S 24 °52'08" W, 79.86 feet to an iron pin found, 4. 5 24 °50'55" W, 394.34 feet to en iron pin found, 5. S 69 °48'24" W, 538.28 feet to the PLACE OF BEGINNING, containing 145.31 Acres of Land. SAVE AHD EXCEPT from subject property .756 acres of land out of and a part of that certain tract or parcel of land conveyed to Fred C. Olson of record in Volume 320, Page 306, Williamson County, Texas Deed Records, said .756 acres of land being that portion of Brushy Creek Road that crosses the above described 145.31 acre tract of land, being more fully described by metes and bounds as follows: BEGINNING at a point in the east line of said Olson tract, from which the northeast corner of said Olson tract, bears N 08 °06'21" W, 118.85 feet for the southeast corner of the herein described tract, THENCE, with the south line of the herein described tract, the following two (2) courses and distances, numbered 1 and 2, 1. S 85 °02' W, 3.27 feet, 2. S 86 °50'26" W, 743.43 feet for the southwest corner of the herein described tract, THENCE, N 47 °57' E, 73.27 feet for the northwest corner of the herein described tract, THENCE, with the north line of the herein described tract, N 86 °50'26" E, 685.69 feet for the northeast corner of the herein described tract, THENCE, S 08 °06'21" E, 46.07 feet to the PLACE OF B GINNING, containing .756 Acres of Land. Surveyed By: H R /ccr Job No. 84 -075 9/24/94 oma Carlson & Dip 2499 Capital of Tex Austin, Texas 78746 tg wa EXHIBIT "B ", Page 2 Page 2 of 9 Date / - ,Zy (.. CARLSON & DIPPLL SURVEYING COMPANY FIELD NOTES 2499 CAPITAL OF TEXAS HWY., SUITE 105 • AUSTIN, TEXAS 78746 • (512) 327-8290 EXHIBIT "B ", Page 3 Page 3 of 9 BEING ALL THAT CERTAIN TRACT OR PARCEL OF LAND OUT OF AND A PART OF THE J.H. DILLARD SURVEY, ABSTRACT NO. 179, SITUATED IN WILLIAMSON COUNTY, TEXAS, SAID TRACT BEING MORE PARTICULARLY DESCRIBED AS BEING THAT CERTAIN 77.28 ACRE TRACT OF LAND CONVEYED IN A DEED TO MARVIN DAVID OLSON, OF RECORD IN VOLUME 599, PAGE 175 OF THE WILLIAMSON COUNTY, TEXAS DEED RECORDS, SAID TRACT BEING 77.40 ACRES OF LAND MORE FULLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING at a point in the center of Brushy Creek at the northeast corner of the 77.28 acre tract and in the south line of a tract owned by Perry Mayfield of record in Volume 511, Page 698, Williamson County, Texas Deed Records, . THENCE, S 17 °07'49" E, 125.44 feet to an iron pin found In the south line of Brushy Creek Road, beside a fence corner post, THENCE, following the most easterly fence line of the herein described tract, the following seven (7) courses and distances, numbered 1 through 7, 1. S 16 °15'27" E, 263.16 feet to a 60d nail set In a 14" elm tree, 2. 5 20 °22'22" E, 76.20 feet to an iron pipe found, 3. S 27 °09'06" E, 50.61 feet to a nail found in an 8" oak tree, 4. S 17 °45'46" E, 120.99 feet to an Iron pin found, 5. S 19 °00'53" E, 600.20 feet to an iron pin found, 6. S 19 °17'04" E, 524.93 feet to an iron pin found, 7. S 19 °56'10" E, 47.56 feet to a 4" steel post found for a corner of the herein described tract, THENCE, with a fence line, the following four (4) courses and distances, numbered 1 through 4, 1. S 70 °04'28" W, 57.12 feet to an iron pipe found, 2. S 70 °15' W, 532.68 feet to a nail set in a 16" post oak tree, 3. S 70 °53'23" W, 27.30 feet to an iron pipe found, 4. S 71 °15'43" W, 839.45 feet to an iron pin found beside a fence corner post, THENCE, with a fence line, being the west line of a tract owned by O.E. Beck of record in Volume 475, Page 227, Williamson County, Texas Deed Records, the following three (3) courses and distances, numbered 1 through 3, 1. S 15 °20'19" E, 180.17 feet to an iron pin found, 2. S 15 °22'51" E, 84.93 feet to an iron pin found, 3. S 15 °23'07" E, 621.53 feet to an iron pin found for a corner of the herein described tract, THENCE, following a fence, the following six (6) courses and distances, numbered 1 through 6, 1. S 74 °38'58" W, 365.09 feet to an Iron pin found for the southwest corner of the herein described tract, 2. N 15 °29'24" W, 740.61 feet to an iron pin set at the base of an 18" pecan tree, 3. N 09 °59'28" W, 237.77 feet to a 60d nail set in the base of 24" live oak tree, 4. N 05 °36'46" W, 322.87 feet to a 60d nail set in the base of a 24" cedar tree, 5. N 02 °39'16" E, 206.89 feet to an iron pin set at a fence post, Olson Tract 77.40 Acres Page No. 2 Surveyed By: H R /ccr Job No. 84 -075 9/24/84 6. N 08 °06'21" W, 1370.25 feet to an iron found in the south line of Brushy Creek Road, in all, 1489.10 feet to a point in the center of Brushy Creek, for the northwest corner of the herein described tract, THENCE, with the center of the creek, N 85 °02' E, 1031.70 feet and N 73 °53'21" E, 368.03 feet to the PLACE OF BEGINNING, containing 77.40 Acres of Land. SAVE AND EXCEPT from subject property 1.50 acres of land out of and a part of that certain tract conveyed to Marvin David Olson of record in Volume 599, Page 175, Williamson County, Texas Deed Records, said 1.50 acres of land being that portion of Brushy Creek Road that crosses the above described 77.40 acre tract of land, more fully described by metes and bounds as follows: BEGINNING at a point in the west line of the said Olson tract from which the northwest corner of said Olson tract bears N 08 ° 26'01" W, 72.78 feet for the northwest corner of the herein described tract, THENCE, with the north line of the herein described tract, the following three (3) courses and distances, numbered 1 through 3, 1. N 85 °02' E, 769.72 feet to a point of curvature, 2. With a curve to the left, whose radius equals 3075.06 feet, an arc distance of 598.11 feet and whose chord bears N 79 °27'40" E, 597.16 feet to a point of tangency, 3. N 73 °53'21" E, 42.27 feet for the northeast corner of the herein described tract, THENCE, S 17 °07'49" E, 46.01 feet for the southeast corner of the herein described tract, THENCE, with the south line of the herein described tract, the following three (3) courses and distances, numbered 1 through 3, 1. S 73 °53'21" W, 43.09 feet to a point of curvature, 2. With a curve to the right, whose radius equals 3121.06, an are distance of 607.05 feet and whose chord bears S 79 °27'40" W, 606.10 feet to a point of tangency, 3. S 85 °02'W, 767.19 feet for the southwest corner of the herein described tract, THENCE, N 08 °06'21" W, 46.07 feet to the PLACE OF BE containing 1.50 Acres of Land. , ........ 1110h1AS 1. C088e ry Carlson fc Dippe g Company 2499 Capital of Texas Highway, Suite 8105 Austin, Texas 78746 EXHIBIT "B ", Page 4 Page 4 of 9 FIELD NOTES FOR 466.402 ACRES fiehl notes describing n 466.402 acre tract of lend in the William Dugan .Survey, Abstract No. 190, in Willinmson County. Texas and being a pert of a tract of 1nnr1 celled 472.156 acres of lend in a deed to Bill Hilburn. Inc. recorded in Volume 1020 Page 202 of the Donrl Records of Williamson County, Texas and being more particularly described by metes and bounds no follows: BtCIr1NINC nt a point on the South line of County Roar! 1 174 for the Northeast corner of this tract from which point the intersection of the occupied South' line of County Road 1174 end the occupied West line of n tract of land conveyed to Clarence L. Souls by deers recorded in Volume 608 Page 936 of the above mentioned Deed Records. and the Northeast corner of the above mentioned 472.156 acre tract hears S 75 31' 03" E 72.41 feet. TUF;NrIi .S 19 33' 16' E 2721.90 feet to s point for en nngle point. l'HEEE :' 1. 19 19' 09' 12 16131.33 feet to n point on the occupied North 11no. of 131.71 pore tract conveyed to A.N. Robinson, Jr. et a1 ifl Volume 413 Page 626 of the said heed Records for the Fnuthrnst corner of this tract. Tlll:,v(;h: with the occupied North line of the said 131.71 acre troct (or rho follnwing four (4) courses: (1) (2) (3) (4) • 67' 25' 44" W 253.91 Feet to an iron pin found. S 48' 51' 37" W 436,37 feet to an .iron pin found. S 68 44' 48" w 332.74 feet to an iron pin found. • WI" 47' 09" W 407.51 feet to en iron pin found in the .orthenst corner of bat 1 in Block 12 of Brushy Creek Section Two as recorded in Cnbinot C Slides 324 through 331 of the Pint Records of Willinmson County, Texas and the occupied Rorthwest corner of the sold 131.71 acre trect for the most Easterly Northeast corner of n Boundary Line Agreement. betvo,,, E.O. Beck and C.N. Avery Jr. et el, recorded in Volume 648 Page 469 of the said Deed Records. IV/El:CJ with the said Boundary Line Agreement and the North line of the said Block 12 for the following two courses: (1) .f nn° 27' 58" W 1903.98 feet to on iron pin found. (2) 49° 43' 12' IV 1169.80 feet to an iron pin found in an angle point of the North line of Lot 29 in the said Block 12 for the Southwest corner of the said 472.156 acre troct and the Southwest corner of this tract. T!II:NCI1 2' In 0o' 00' N with the said Boundary Line Agreement, the r-:at line of the said Brushy Creek Section Two, the East line of The hillside at Brushy Creek ns recorded in Cabinet E Slides 305 and 906 of the said Pint Records, and the East line of Brushy Creek Seetion Ilno, no recorded in Volume 12 Pages 64 through 49 of the said Plat Records. 4256.28 feet to an iron pin found in the intersection of the Best line of Grent oaks 'Drive and the South line of County Road 1174, for the Northeast corner of the said nr..shy crook Ser.tinrr One. EXHIBIT "B ", Page 5 Page 5 of 9 G TI'I;Nc1:' N 19° 00' 00" W et 40.00 feet pass end iron pin found in alit intersection of the said Boundary Line AOreement and the North 1 inc of County Rood 1174 end continue for a total of 189.00 feet to n pin found on the approximate centerline of Brushy Greek. in the North and of the said Boundary Line Agreement and the most ! Northwest corner of the said 472.156 acre tract. T %1F; ,NCE with the fast lino of 1,ot 7 in Block 6 of Great Oaks Section recorded in Volume 10 Pages 31 through 34 of the said Plat .•cor,ls for the 'following two (2) courses! (1) 2 ° 22' 20." E 42.32 feet to en iron pin found. (2) w 01 17' 46" 6 95.70 to an iron pin found in the Southwest corner of a 2.19 acre tract of land conveyed to the Williamson County Municipal Utility District No. 2 In Volume 738 Page 555 of the said need Records for the most Northerly Northwest corner of the said 472.156 acre tract and the Northwest corner of this trnct. Tf1h:X'CE :v 76 00' 46" 6 301.75 feet to an iron pin found in the Southeast corner of of the said 2.19 acre tract end the Southwest of n 5.34 acre tract of land conveyed to Peal Gifford by d r.ed recorded in Volume 633 Pnge 270 of the said Deed Records. '11t:NF :B R 76 34' 50" 6 with the South line of the said 5.34• acre trac. 157.70 feet to nn iron pin set for an angle point.. 1)110,!!f N 79° 111' 32" E 85.85 feet to en iron pin .set for an angle p, rat , ,V :45 00' 03" f; 65.20 feet to nn iron pin forrnrl in the Southeast canter of the sefd 5.34 acre tract and the Southwest of :r 4,15 acre tract conveyed to Paul Gifford In Volume 672 Nape 463 of the said Deed records. T/0(0 N 84° 58' 54" 6 with the occupied South line of the said 4.!5 acre trot-, 29.07 feet to an Iron pin set for an angle po WINCE 8 77° 17' 32" F: 57.68 feet to an Iron pin ,set for en nngle ;mint. TIMNi N 72' 05' 18" li 140.71 feet to an iron pin found in the ..ant hen =t enact of tl.e said 4.15 acre tract and the . Southwest car. l n 5.311 acre tract conveyed to Norio Obledo by decd ...or�•.r r� in Volume 645 Page 922 of the said Deed Records. 101'3)).. 7'1° 17' 53" R with the South line or the 901d 5.311 acre 1r1rr 14(,0;1 feet to art iron pin found. 73r P'Nr:t! 1' 45° 14' 13" L' 1114.90 feet to nn .Iron plo found on the t',• =r line of 'rank: ' ns recorded in Cabinet r: ,nllda 319 of rh.• ...id pint Records for the Southeast corner of the said 5.30 ncra tract. 19 27' 51" E 96.77 feet to n point on the approximate centerline of Brushy Greek said point being the .Southwest corner of cbr .rain Tonk•awa V111090. EXHIBIT "B " Page 6 Page 6 of 9 TIM : :;vai down the npprosimate centerline of Brushy Creek and the South Line of the said Tonkewa Village for the following eight (8) (I) N 62 79' 45' ti 179.76 feet to an angle point. (2) R 414 26' 45" 17 224.57 feet to an nngle point. (3) 6 44° 27' 50" 1i 350.80 feet to an angle point. ( 2 ' 40° :12' 411" 1i 168.36 feet to an eng)e point. (5) )! 41° 42' 47' E 342.87 feet to an angle point. (6) Y Ole 211' 45' 6 237.75 feet to an angle point. (7) ,2 64' 45' 44' E 264.69 feet to nn angle point. (g) id 74 04' 44' E 2111.93 feet to a point on the Rest .tine of n 29,46 acre tract of land conveyed to Denr Creek Joint Venture by deed recorded in Volume 950 page 185 of the said need Records. 1'lI .1'C with the remnlns of an old fence on the West line, of the :aid 29.46 acre trnct for the following three (3) courses: (I) 07° 14' 11' E 132.83 feet to en iron pin found. (7) A 12' 54' 01' E 5(.47 feet to an iron pin found. (J) S 06° 30' 32' E 127.59 foot to an iron pin round on the North line or County Road 1174 for the Southwest corner of the said 29.46 acre tract. /222,2'60 .S 06° 30' .32' li 44.10 feet to an iron pin round on the nr(npir•,! Knuth line of County Road 1174 for on angle point of this tract. Tlllid'CE with the occupied South line of County Road 1174 for the fni/nwine nine (9) courses, (1) .Y 66 23' 39' E 55.85 feet to an iron pin found. (7) n' 64 34' 03' 0 188.17 feet to on iron pin found. (3) 2 70 41' 47' f•, 303.24 feet to an iron pin found. (4) N 73° 06' 48' E 163.02 feet to an iron pin found. (5) N 75 07' 50' E 245.01 feet to an iron pin found. (6) N 85 43' 14' E 112.87 foot to on iron pin found. (7) 5 00° 2(1' 12" E 176.31 feet to en iron pin found. (9) S 96° 37' 49" E 246.95 feet to on iron pin found. (7) F 75' 31' 03" 1i 53.53 feet to the POINT OF BEGINNING containing 466.402 acres of land more or less. 2. Timothy 1,. Ilnynio, A REGISTERED PUBLIC SURVEYOR. do hereby r.crcily that these field notes accurately represent the results of An n- thr.- ,'round survey made under my direction and supervision on the 25th riny of September. 1985. All corners locnted are as shown. 1'h, property described herein is correct and has no visible repnnc ir.•.s, protrusions, e.ncronchments. ensearents. conflicts in .n ndnry• nverinpping of improvements, roads in since, nor nr(apc^ in area except as shown. This tract has access to and from a dndicnted roadway. IHAYNIE NAUMAN AND CRAY, INC. Timothy E. )In - •nie, Registered Public Surveyor No. 2380 note 13 . w EXHIBIT "B ", Page 7 Page 7 of 9 • FI61,? N07'135 FOR 2.796 ACR8S r , eld ,aces descrihinp n 2.794 acre tract: of .Innrl In the . William 1 •ey. Abstract No. 190. in I(illiamnnn Gooney. 'Texan and b,inn ni of a 2.79 acre tract of lend described in n deed to Pill 'i Iho, Inc. recorded in Volume 1020 Palle 202 or the Peed !ICcnrrin 1)/, County. Texas and /rein° more pnrticulorly described a, folfows, n al: an iron pin round in the inte.rner.tln,r of rho Fn;:( line of ■ 'In) ::; //rive nod the occupied South line. of Cnnntr Road ,9174 r.hc Northeast corner of Iiru.slry Greek 17,ctior, ( s recorded in volume 12 Tapes 44 throu0I, 49 of the Tint Records of l:'1111nnn:orr Cnu,, r, 'Tern;:, nor! the Southwest corner of this trnct. TNEECe .7 19 00' 00" W 40.00 feet to on iron pin fnnnd on the ,rr.N Line. of County Rood 1174 for the Northwe..st corner of thin .l77t:Nc!,: with the North line of the said Gouty !fond 7174 riff. the fnl l nevi n;; sixt (16) courses: (1) N 70° 44' 38" 6 201.63 feet to an iron pin round. (2) J 72° 58' 59" fi 428.7!• feet to nn iron pin footed. (3) f 75' 01' 45" fi 224.88 feet to an iron pin fur, nil, (4) N 67 56' 14" R 92.36 feet to on iron pin found. (1) .1 611° 2e' 16" fi 317.52 feet to an iron pin found. (6) N 56° 04' 52" IT 183.29 feet to an iron pin found. (7) 51° 32' 34" 6 252.58 feet to on iron pin found. (:I) N 49° 7!I' 04" r; 151.72 feet to an .iron pin roam?. (n) N 46 12' 30" 8 312.05 feet to en iron pin found. (10) N 76° 2!' 17" h; 55.00 feet to nn .iron pin found. (11) N 68° 04' .34" (4 137.15 feet to en iron pin found. 4121 N 63° 13' 10" li 178.28 foot to en iron pin found. (12) N 75° 46' Il" 6' 89.00 feet to err iron pier round. (14) ,. 76" 47' 05" ° 193. feet to an iron pin round. (15) 0 77' 53' 11" Ii 1(7.33 feet to nn .iron pin fnnurl. (16) N 66° /7' 02" 6 99.44 feet to no .iron pin found 4n the Soot/west corner of 0 29.46 Pere tract of land conveyed to Peer Creek Joint Venture by deed recorded in I'q(nr,'r! '1511 1'nrlr l :11 of the above mentioned bend Rocorrls for the ,.rr(1,7a.vt Cnrnnr of this tract. 06 30' .22 h: 44.16 feet to an iron pin Found on f6c r, ed r. S6th lia u( County Road 1174 (or the .Southe:u:t corner of r l,,•; l ra ct EXHIBIT "B ", Page 8 Page 8 of 9 rllr:d'i;l: ,°itb the occupied South tine or count Mond 1/74 for the n 11 n nq e: / (16) C011 (1) ; 66° 23' 39' I✓ 90.57 feet to no iron pin fnunrl. (2) ,7 77 53' 51" N 131.09 feet to on iron pin fnnnd, (') 76 47' 05" h' 193.2.5 fact to An iron pin fnuud, ( .5 75 Gil' 11' N 94,25 feet to on .iron pin found. ill S 67 13' 50" 1,' 175.60 feet to on iron pin found, (6) S 69' 09' 34' W 141.74 feat to nn iron pin found. (7) 5 76° 21' 17" N 47.35 feet to an iron pin found. ,4 46° 52' 30" N 502.49.feet cn e n iron pl. found. (9) .5 49 .79' 04" N /57.35 feet to no iron pin fo (10) ,S 51° 31' 54' 1✓ 254.93 fret to no iron pin f orn rrl. (I1) S 56 04' 52" N 106.41 feet to an iron pin found. (12) !. 60 29' 16" N 321.66 feet to an Iron pin funnel. (12) 67° 56' 19' N 97.44 Feet to on iron pin found. (14) ,4 75 01' 45" N 230.65 feet to an iron pin 7.nnd. (75) S 74 59' 59' I✓ 427.22 feet to an iron pin found. (i6) .'i 70° 64' 29" N 201.07 feet to the ?OIN2' OP 1 ..onIoininp 2.794 acres of innrl more nr loss. I. Timothy 0'. Nnyni c, A REGISTERED R11111,JG SURVEYOR. do hereby rrrtiry Lhnt these field notes and nttnclrnd plat .:crrrnrely rO the results of an 0:,- the - ground snrvoy nndr nn,lcr my direction .nod noporvi =ion en the 25th day of September. 1 "15. 411 • roroors 1nr,,tcd are as shown. The property described lrr.rrfrr is , .nrrrcL nerd has no visible dosernptrncion. protrns lops. , coo r hmnn rr; easenents, con l7l cts in bnundnry. aver l , rppi nn o r repro. nears. , onrls n, nlac, nor shortnpas in ,r r .rp7 „ '; 7r•, ;n. !Trio Lrnet has access to noel from n rl:edir.nl.ed rnndu•ny, NAYNII) KALLNAN AN0 GRAY. 11111. I)nte 9-ed• 8S" EXHIBIT "B", Page 9 Ti iy 1:. I In yoi,' NeRistercd Rnh.!!c Surveyor No. 27911 Page 9 of 9 N 70° 11' 46" E a distance of 300.35'. N 66° 24' 58" E a distance of 72.52'. N 62° 10' 03" E a distance of 52.41'. N 59° 41' 55" E a distance of 717.04'. N 60 47' 28" E a distance of 122.88'. N 72 05' 45" E a distance of 196.26'. S 18 16' 48" E a distance of 4256.53'. N 70 18' 55" E a distance of 1169.80'. N 69° 14' 40" E a distance of 1905.27' 5 19° 31' 45" E a distance of 1329.80'. 4110 4 10 EXHIBIT C DISTRICT BOUNDARY DESCRIPTION WILLIAMSON COUNTY MUNICIPAL UTILITY DISTRICT NO. 2 WILLIAMSON COUNTY, TEXAS METES AND BOUNDS EXHIBIT "C ", Page 1 Page 1 of 7 LYING WHOLLY IN WILLIAMSON COUNTY, TEXAS AND BEING A 260.34 ACRE TRACT OF LAND OUT OF A 1545. 14 ACRE TRACT IN THE JAMES SHELTON SURVEY, ABSTRACT NO. 552; JOHN MCQUEEN SURVEY, ABSTRACT NO. 179; AND THE J.M. HARRELL SURVEY, ABSTRACT NO. 284, SAID 1545. 14 ACRE BEING A PART OF A CERTAIN TRACT OF LAND DESCRIBED IN A DEED FROM JENNIE BECK TO EUGENE O. BECK, ET UX; DEED OF RECORD IN VOL. 558, PAGE 30, AND BEING ALL OF A 40.0 ACRE TRACT OF LAND DESCRIBED IN A DEED FROM BESSIE CLARK SCHOOLEY, ET AL, TO EUGENE O. BECK, ET UX, DEED OF RECORD RECORDED IN VOL. 426, PAGE 526, AND BEING ALL OF A 782.0 ACRE TRACT OF LAND DESCRIBED AS THE FIRST TRACT IN A PARTITION DEED FROM JENNIE BECK TO EUGENE O. BECK, ET UX, DEED OF RECORD RECORDED IN VOL. 475, PAGE 227 OF THE DEED OF RECORDS OF WILLIAMSON COUNTY, TEXAS, SAID260.34 ACRE TRACT BEING MORE PARTICULARLY DESCRIBED BY THE FOLLOWING METES AND BOUNDS. BEGINNING AT AN IRON PIN IN THE NORTHWEST CORNER OF A 112.867 ACRE TRACT OUT OF THE ABOVE SAID 1545.14 ACRE TRACT AND BEING A PART OF THE SAID 260.34 ACRE TRACT, SAI D 112.867 ACRE TRACT BEING MORE FULLY DESCRIBED IN A DEED OF CONVEYANCE AS RECORDED IN VOL. 649, PAGE 30 OF THE DEED OF RECORDS OF WILLIAMSON COUNTY, TEXAS. THENCE along the following bearings and distances describing the said 260.34 acres. • S 71° 09' 39" W a distance of 482.76'. S 70° 05' 46" W o distance of 335.86'. 5 70° 48' 09" W o distance of 547.55'. S 18 31' 18" E a distance of 393.00'. N 71° 36' 11" W o distance of 2403.03'. N 77° 31' 41" W a distance of 3169.32'. N 15° 41' 48" W a distance of 928.00'. N 70 54' 41" E a distance of 472.37'. N 70 59' 21" E a distance of 395.77'. N 69° 53' 43" E a distance of 589.06'. N 20 20' 12" W a distance of 246.23'. N 19° 09' 14" W a distance of 251.52'. N 19 20' 09" W a distance of 714.58'. N 17° 09' 01" W a distance of 81.41'. N 28 35' 35" W a distance of 43.90'. N 20° 08' 46" W a distance of 82.48'. N 16° 44' 34" W a distance of 263.93' to the point of beginning, and containing 260.34 acres, more or less. EXHIBIT "C ", Page 2 Page 2 of 7 • • DISTRICT BOUNDARY DESCRIPTION WILLIAMSON COUNTY MUNICIPAL UTILITY DISTRICT NO. 2 WILLIAMSON COUNTY, TEXAS METES AND BOUNDS Page 3 of 7 LYING WHOLLY IN WILLIAMSON COUNTY, TEXAS AND BEING A 464.81 ACRE TRACT OF LAND OUT OF 1437.45 ACRES OF LAND, SAME BEING OUT OF JOHN POWELL SURVEY, ABSTRACT NO. 491, EPHRAIM EVANS SURVEY, ABSTRACT NO. 212, AND WILLIAM KINCAID SURVEY, ABSTRACT NO. 374 SAID 1437.45 ACRES BEING DESCRIBED IN A DEED OF CONVEYANCE FROM JAMES GARLAND WALSH AND WIFE, MILDRED WALSH TO TOM E. NELSON, JR. TRUSTEE /1, AS RECORDED IN VOLUME 571, PAGE 446 OF THE DEED OF RECORDS OF WILLIAMSON COUNTY, TEXAS. SAID464.81 ACRE TRACT BEING MORE PARTICULARLY DESCRIBED BY THE FOLLOWING METES AND BOUNDS. BEGINNING FOR REFERENCE AT AN IRON STAKE MARKING THE SOUTH- WEST CORNER OF SAID 1437.45 ACRE TRACT AS DESCRIBED IN SAID VOLUME 571, PAGE 446 OF THE DEED OF RECORDS, WILLIAMSON COUNTY, TEXAS. • THENCE N 19° 43' W a distance of 994.70' to a point. THENCE N 20° 01' W a distance of 157.56' to the point of beginning. THENCE t'le following bearings and distances describing the said 464,81 acres. N 19° 37' W a distance of 256.36'. N 54° 45' W a distance of 52.07'. N 20° 12' W a distance of 517.71'. N 20° 03' W a distance of 825.47', N 19° 33' W a distance of 556,20'. N 20° 11' W a distance of 814.36'. N 20 04' W a distance of 800.00'. N 20° 00' W a distance of 223,65'. N 70° 14' E a distance of 5131.05'. S 21 05' 22" E a distance of 1721.21'. S 68° 06' W a distance of 173.92'. EXHIBIT "C ", Page 3 • • S 21° 01' E o distance of 2195.40'. 5 65 41' W o distance of 598.64'. S 69° 22' W a distance of 1291.65'. S 69 21' 52" W a distance of 100.39'. S 69 22' W a distance of 2910.61' . 5 69° 16' 36" W a distance of 99.87' to the point of beginning, and containing 464,81 acres, more or less. EXHIBIT "C ", Page 4 Page 4" of 7 BEING 1290.43 ACRES IN WILLIAMSON COUNTY, TEXAS, OF WIIICII 670.46 ACRES 15 IN T110 JAMES SIILLEON SURVEY, ABSTRACT NO. 552; 523.02 ACRES 15 IN 1111: JUAN MCQIJLI ICI SURVEY, ABSTRACT NO, 425; 74.00 ACRES IS IN THE JOAN II, DILLAIRD SURVEY, ABSTRACI NO. 179 AND 22.95 ACRES 15 IN THE J.M. HARRELL SURVEY, ABSTRACT; 284, AND BEING OUT OF AND A PART OF A CERTAIN TRACT OF LAND DESCRIBED IN A DEED FROM JENNIE BECK TO EUGENE O. BECK, ET UX, DEED OF RECORD IN VOL. 558, PAGE 30 00 TIIE DEED RECORDS Of WILLIAMSON COUNTY, TEXAS, AND BEING A PORTION Of A 782.0 ACRE TRACT OF LAND DESCRIBED AS TIIE FIRST TRACT IN A PARTITION DEED FROM JENNIE BECK TO EUGENE O. BECK, ET UX, DEED DATED JANUARY 13, 1965, AND RECORDED IN VOL. 4 75, PAGE 227 OF THE DEED RECORD5 OF WILLIAMSON CCU NTY, TEXAS. BEGINNING at on iron stoke in the North Right -of -Way line of F.M. Highway No. 620 for the most Southerly corner hereof, said point bean N 21 49' W, 102.26 feet horn the Northwest corner of a 254,5 acre tract of land described in a deed from Oscar E. Beck, el ux, to Eugene Oscar Beck, et ux, deed of record in Vol. 360, Page 87 of Ilse Deed Records of Williamson County, Texos; TFIENCE N 19° 23' W, 476.84 feat a 20 inch live ook,ond N 21 13' 58" W, 383.78 feet to live oak stump for on inside corner hereof; said point being on or near the Northeast corner of the Thomas P. Davy Survey: THENCE wills the fence along the South boundary line hereof and the North line of the Dovy Survey as follows: 5 62° 18' 19" W, 91,58 feel to 0 14 inch live oak; S 69° 23' 39" W, 213,38 feet; 5 70° 25' 55" W, 190.87 feet to a 6 inch live oak; S 70 49' 15" W, 261.13 feet to a 12 inch elm; 5 70° 39' 26" W, 258.81 feet to 0 14 inch cedor; S 69° 56' 26" W, 107,89 feel to o 14 inch live ook; 73° 30' 04" W, 82.64 feet to a 6 inch elm; 5 70° 09' 23" W, 130.99 feet to a 14 inch cedar; 70° 19' 25" W, 200.65 feet ton 14 inch elm; S 69° 33' 36" W, 241.09 feet to an iron pin; 73° 05' 05" W, 193.54 feet to on iron pin; 5 68° 17' 26" W, 409.36 feet too pence post; 5 68° 57' 44" W, 121,64 feet to fence post; S 76° 22' 13" W, 135.56 feel to an iron pin; 73° 50' 35" W, 182.66 feet to a 24 inch live oak for the Southwest corner hereof; THENCE wills the fence along the West boundary line hereof and the West Isoundory line of the above referred to 782.0 acre tract os follows: N 19° 26' 43" W, 1211,86 feet; N 19° 26' 23" W, 884.93 feel; N 19° 29' 11" W, 1183.12 feet; N 19° 28' 30" W, 957.73 feel and N IB° 47' 28" W, 1740,44 feet to fence corner post for an outside corner hereof; THENCE I4 73° 29' 12" E, 1513,35 feet loo fence corner pose for on ell corner hereof; I HENCE N 20° 05' 39" W, 1522.32 feel to a fence corner post for on outride corner hereof EXHIBIT "C ", Page 5 Page 5 of 7 THENCE N 69" 3 43" E, 772.83 feet to a fence posl,ond N 70° 12' 30" E, 541.00 fees to on iron pin by o fence corner post; THENCE N 24° 23 26" E, 1577,26 feel to an Iron pin b a fence post; THENCE N 15° 54' 2B" W, 372.92 feet to on iron pin by a fence corner post fur the most Northern corner of this tract same being the Southwest corner of Brushy Creek Subdivision, Section Two, os recorded in Vol, 12, Page 58 of the Plat Records of Williamson County, Texas; THENCE with the South line of Brushy Creek, Section Two, 5 77 31' 41" E, 3169.32 feet, and S 71° 36' 11" E, 2403.03 feet to the Southeast caner of the said Brushy Creek, Section Two, being on the East line of the aforementioned Beck Tract described in Volume 558, Page 30 of the soid Deed Records; THENCE with the East line of the soid Beck tract, S 18 31' 18" E, 544.57 feet, S 18 32' 19" E, 278.33 feet to an iron pin,S 18 41' 49" E, 212,19 feet to on iron pin,S 18 27' 20" E, 1067.15 feet to on iron pin,and 5 17 49' 36" E, 481,75 feet to an iron pin in the North Right-of-Way of F.M. Highway No. 620 for the Southeast corner hereof; THENCE 390,77 feet along the arc of o curve to the right whose centrol angle is 24° 44' 31 ", whose radius is 903.93 feet long,ond whose chord bears 5 18° 46' 44" W, an d is 387.75 feet long to o concrete Right -of -Wa monument marking the end of said curve. THENCE 5 31 09' W, 320,00 feet to a concrete Right -of -Woy monument marking the beginning of o curve to the right. THENCE 351,90 feel along the orc of said curve to the right whose central ongle is 03° 33', whore rodius is 5679.56 feet long, and whose ch «d bears 5 32° 55' 30" W, and is 351,90 feet long loo concrete Right -of -Wo monument; THENCE 5 34° 42' W, 643.80 feel to concrete Right-of-Way monument; THENCE 457,29 feel along ilia arc of a curve to the left whose centrol angle is 4° 32', whose radius is 5T/9.56 feet long,and whose chord bean S 32° 26' W, and is 457.17 feet long to a concrete Right -of -Way monument marking the end of soid curve; TIIENCE 5 30° 10' W, 836,20 feet loo concrete Right -of -Wa monument marking the beginning of a curve to the right; THENCE 659.25 feet along the arc of said curve to the right whose centrol angle is 06° 39', whose radius is 5679.56 feet long,ond whose long chord bears 5 33° 29' 30" W, and is 658,88 feet long loo concrete Right -of -Way monument marking the end of said curve; THENCE 5 36° 49' W, 2603,75 feet to a concrete Right -of -Wo monument morking the beginning of 0 curve 10 the right; THENCE 744.68 feel along the arc of said curve to the right whose centrol angle is 19° 01' 47 ", whose radius is 2241.82 feel long, and whose chord bears 5 46° 19' 53" W, and is 741.26 (eel long to the PLACE OF BEGINNING; containing 1290.43 acres of land more « less. Field Notes prepared September, 1980 from Public Records and Surveys by Russell D. Parker, Registered Public Surveyor No. 1661 in August, 1976. EXHIBIT "C ", Page 6 Page 6 of 7 • • BEING 193.96 ACRES OF LAND IN THE JOHN MCQUEEN SURVEY, ABSTRACT NO. 425 IN WILLIAMSON COUNTY, TEXAS, AND BEING OUT OF AND A PART OF A 254.5 ACRE TRACT OF LAND DESCRIBED IN A DEED FROM OSCAR E. BECK AND WIFE, JENNIE BFCK TO EUGENE OSCAR BECK AND WIFE, GENELLE BECK, DEED DATED FEBRUARY 16, 1950, AND RECORDED IN VOL. 360, PAGE 87 OF THE DEED RECORDS OF WILLIAMSON COUNTY, TEXAS. BEGINNING of on iron stoke on the Southeast Right -of -Way line of F.M. Highway No. 620 marking the Northeast corner of the above referred to 254,5 acre Iroct of land; THENCE along the said Right -of -Way of F. M, Highway No. 620 as follows: S 34° 42' W, 249.92 feet to the beginning of a curve to the left; TIIENCE 449,41 feel along the arc of said curve to the left whose central angle is 4° 32', ::hose radius is 5679.56 feet long,ond whose chord boon 5 32° 26' W and is 449.29 feet long; THENCE 5 30° 10' W, 836.20 feet to the beginning of a curve to the right; THENCE 670,86 feel along the arc of said curve to the right whose control ongle is 06' 39', whc:c radius is 5/79.56 feet long,ond whose chord bears 5 33 29' 30" W, and is 670.48 feet long; THENCE continuing with the soid Right -of -Way line, 5 36 49' W, 1934,46 feet to on iron stake for the Northwest corner hereof; THENCE 5 19 31'20" E, 1364.91 feet to on iron stoke in line with the fence marking the Southwest corner hereof, soid point being an all corner in the South boundary line of the said 254.5 acre tract and being on or near the Northwest corner of the Malcom M. Hornsby Survey; THENCE along the South boundary line of the said 254.5 acre tract as fenced and the North line of the Hornsby Survey os follows: N 70 39' 57" E, 692.34 feet to a 6 inch triple elm Tree; N 71° 11' 06" E, 247.44 feet loo 10 inch elm tree; N 75° 09' 33" E, 138.01 feet to an 18 inch post oak tree; N 68' 12' 23" E, 218.98 feet to fence corner post; N 71° 21' 15" E, 2008,58 feet to on oxle by a fence comer post marking the Southeast corner of the 254.5 acre tract and being the Soulheost corner hereof; THENCE with the fence olong the Eos1 boundary line of the said 254.5 acre noel of lond as follows: N 18° 54' 01" W, 1920,67 fee4and N I9° 05' 14" W, 1922,62 feet to the PLACE Of BEGINNING, containing 193.96 acres of land more or less, Field Notes prepared September, 1980 from Public Records and Surveys by Russell D. Parker, Registered Public Surveyor No. 1661 in August, 1976. EXHIBIT r " C" , Page 7 Page 7 of 7 c, ///80 Dole EXHIBIT "D ", Page 1 PAGE 1 OF 2 FIELD NOT=S OF 316.018 ACRES FI! :S'J NOTES describing a 316.018 acre tract or parcel of land, out of the %:a::hi„gton Anderson Survey, Abstract No. 15, situated in Williamson County, Ttn,s, being all of that certain 316.05 acre tract of land conveyed to Sam Bass 31G by decd recorded in Volume 951, Page 128 of the Deed Records of Williamson County, Texa:, found upon re -survey this date to contain 316.018 acres of land, .".;:d Laing more particularly described by metes and bounds as follows: !'wolfs :INS at an iron pin net at or near a fence corner post being the intersection of the new north right -of -way line of F.M. 1431 and the east rio t- of-wsy line of Sc = liars Road (County Road No. 175), also being the routhwast corner of said 316.05 acre tract, for the southwest corner and POINT OF SEGVO;ING of the hereinafter described 316.018 acre tract; TCENCE departing raid north right -of -way line of said F.M. 1431, along said east right-of-way line of Sam Cass Road, as fenced, for the west line hereof, the following four (4) courses: 1.) i!22 °O5•f1, 1019.00 feet to an iron pin found for an angle point hereof; 2.) ! :20 °36710 "S!, 791.13 feet to an iron pin found for an angle taint hereof; 3.) ::21 °13'15 "SS, 411.51 feet tb an iron pin found for an angle point hereof; 4.) 5 ;23 °30'15 "!°, 424.64 feet to an iron pin found at or near a fence corner post, being a southwest corner of a portion of that certain 511 acre tract of land conveyed to Perry 0. Mayfield by deed recorded in Volume 258, Page 214 of said Deed Records, for the northwest corner hereof; ::L.2E departing said east right -of -way line of said Sam Bass Road, along the South line of said 511 acre tract, as fenced, for the north line heredf, the following five course: 1 !:68 °57 "E, 1282.36 feet to an iron pin found for an angle point hereof; 2.) :i6S•42'35 "E, 904.69 feet to an iron pin found for an angle point hereof; 3.) !69 °54'34 "E, 1074.77 feet to a nail found for an angle point hereof; . 4.) ;r71°25 "E, 535.98 feet to an iron pin found for an angle point hereof; 5.) n68.O8'E, 1251.92 feat to an iron pin found at or near a fence corner post in the test line of that certain 1437.45 acre tract of land conveyed to Tom E. Nelsen, Jr. Trustee, by deed recorded in Volume 571, Page 446 of said Deed Records, being the southeast corner of said 511 acre tract, for the northeast corner hereof; 7.1r."::: CZ along the west line of said 1437.45 acre tract, as fenced, for the east lino hereof, the following two (2) courses: 1.) 520 °06 "E, 1802.71 feet to an iron pin found for an angle point hereof; 2.) 220•03'30 "E, 1028.48 feet to an iron pin set at or near a fence corner post in the curving north rightrof - way line of said P.M. '1431, for the southeast corner hereof; T! ^ :CE along said north right-of-way line of said F.M. 1431, as fenced, for the south line hereof, the following five (5) courses: 1.) along the arc of a,curve to the right having elements of delta= 00 °26'06 ", radius= 11359.16 feet, arc= 06.24 feet, tangent= 43.12 feet, chord and Chord hearing= 86.24 feet, S7O °48 "W to an iron pin set for a Point of Tangency hereof; 2.) 271 °C2't!, 3252.17 feet to a nail found for a Point of Curvature hereof; 3.) along the arc of a curve to the right having elements of delta= 01 °3B', r:.dius= 11414.06 feet, arc= 325.38 feet, tangent= 162.70 feet, chord and chord bearing= 325.37 feet, 571 °51'W to an iron pin set for a Point of Tangency hereof;' Field ;votes of 316.018 Acres (continued) PAGE 2 or 2 6.) 572 °40'11, 1132.29 feet to a nail found for a Point of Curvature hereof;. 5.) along the arc of a curve to the right having elements of delta= 01 °19'33", radius= 7739.44 feet, arc= 179.09 feet, tangent= 89.55 feet. chord and chord Teasing= 179.08 feet, 572 °00'14 "W to the POINT OF BEGINNING of the herein dracribed tract of land, containing 316.018 acres (or 13,765,761 square feet) of land. . EXHIBIT "D" , Page 2 6 1_ • BRYSON & ASSOCIATES SURVEYING COMPANY FIELD NOTES BEING ALL THAT CERTAIN TRACT OR PARCEL OF LAND OUT OF AND A PART OF THE EPHRAIM EVANS SURVEY, ABSTRACT NO. 212, SITUATED IN WILLIAMSON COUNTY, TEXAS, MORE PARTICULARLY DESCRIBED AS BEING OUT OF AND A PART OF THAT CERTAIN TRACT OF LAND DESCRIBED 114 A DEED TO TOM E. NELSON IN VOLUME 571, PAGE 446, OF THE WILLIAMSON COUNTY, TEXAS DEED RECORDS, SAID TRACT OF LAND BEING 497.12 ACRES OF LAND MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING at a point for the northwest corner of the herein described tract and from which the northwest corner of the above said Nelson tract bears S 69 °42'18" W, 759.68 feet, THENCE, with the north line of the herein described tract, the following two (2) courses and distances, numbered 1 and 2, 1. N 69 °42'18" E, 2237.34 feet to an iron pin found, 2. N 72 °02'37" E, 3112.07 feet to an iron pin found for the northeast corner of the herein described tract, THENCE, with the east line of the herein described tract, the following three (3) courses and distances, numbered 1 through 3, 1. S 17 °37'15" E, 1211.34 feet to an iron pin set for an ell corner, 2. S 72 °47'10" W, 1001.11 feet to an iron pin found for an ell corner, 3. S 18 °08'35" E, 3680.98 feet to an iron pin set in the north R.O.W. line of F.M. 1431 for the southeast corner of the herein described tract, THENCE, with the south line of the herein described tract, also being the north R.O.W. line of F.M. 1431, S 73 °14'47" W,, 4160.46 feet to a point for the southwest corner of the herein described tract, THENCE, with the west line of the herein described tract, N 20 °17'42" W, 4704.60 feet to the POINT OF BEGINNING, containing 497.12 Acres of Land. Prepared By: Bryson & Associates Surveying Company 3401 Slaughter Lane West Austin, Texas 78748 EC /ccs Job #83 -349 2/27/87 Exhibit "E" 3401 RIDDLE ROAD • AUSTIN. TEXAS 78748 • (512) 282 -0170 THENCE, with the west courses and distances, n 1. N 43 °02'44" W, 2. N 43 °00'23" W, 3. N 39 °13'41" W, 4. N 23 °29'11" W, 5. N 16 °58 "23" W, 6. N 23 °32'48" W, 7. N 31 °02'03" W, 8. N 25 °29'27" W, 9. N 72 °16'12" E, 10. N 20 °46'37" W, 11. N 72 °11'58" E, 12. N 17 °34'24" W, 13. N 16 °38'37" W, 14. N 17 °52'06" W, • • BRYSON & ASSOCIATES SURVEYING COMPANY FIELD NOTES BEING ALL THAT CERTAIN TRACT OR PARCEL OF LAND OUT OF AND A PART OF THE ANASTASIIA CARR SURVEY NO. 122 AND THE JOHN D. ANDERSON SURVEY, SITUATED IN WILLIAMSON COUNTY, TEXAS, MORE PARTICULARLY DESCRIBED AS BEING OUT OF AND A PART OF THAT CERTAIN TRACT OF LAND DESCRIBED IN A DEED TO PERRY O. MAYFIELD IN VOLUME 327, PAGE 247, VOLUME 344, PAGE 90, VOLUME 428, PAGE 436, AND VOLUME 258, PAGE 578, OF THE WILLIAMSON COUNTY, TEXAS DEED RECORDS, SAID TRACT OF LAND BEING 981.29 ACRES OF LAND MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING at an iron pin for the most southwest corner of the herein described tract and from which the southwest corner of the above said Perry O. Mayfield tract of record in Volume 258, Page 578, bears 9 43 °02'44" E, 750.00 feet, line of the herein described tract, the following umbered 1 through 14, 849.15 feet to an iron pin, 991.05 feet to an iron pin, 68.49 feet to an iron pin, 163.83 feet to an iron pin, 711.23 feet to an iron pin, 23.79 feet to an iron pin, 333.05 feet to an Iron pin, 1250.51 feet to an iron pin for an ell corner, 353.46 feet to an iron pin for an ell corner, 94.88 feet to an iron pin for an ell corner, 1368.58 feet to an iron pin for an ell corner, 584.46 feet to an iron pin, 303.17 feet to an iron pin, 1951.45 feet to an iron pin for the northwest herein described tract, THENCE, with the north line of the herein described tract, the following twenty -two (22) courses and distances, numbered 1 through 22, 1. N 74 °59'12" E, 334.60 feet to an iron pin, 2. N 72 °43'36" E, 636.00 feet to an iron pin, 3. N 71 °54'33" E, 374.42 feet to an iron pin, 4. N 87 °15'22" E, 46.95 feet to a nail set, 5. N 83 °02'15" E, 90.53 feet to an iron pin, 6. N 69 °31'53" E, 97.06 feet to an iron pin, 7. N 62 °31'05" E, 161.02 feet to an iron pin, 8. N 66 °06'12" E, 133.45 feet to an iron pin, 9. N 68 °47'41" E, 8.54 feet to an iron pin for an ell corner, 10. S 23 °13'10" E, 67.71 feet to an iron pin, 11. S 18 °32'28" E, 298.10 feet to an Iron pin, 12. 9 09 °24'18" E, 75.11 feet to an iron pin, 13. S 15 °40'08" E, 101.10 feet to an iron pin, 14. S 10 0 06'48" E, 139.17 feet to an iron pin, Exhibit "E -1" Page 1. 3401 RIDDLE ROAD • AUSTIN, TEXAS 78748 • (512) 282 -0170 fourteen (14) corner of the • Mayfield Tract 981.29 Acres Page 2 15. S 20 °23'42" E, 288.09 feet to an iron pin for an ell corner, 16. N 70 °31'43" E, 495.13 feet to an iron pin, 17. N 70 °52'09" E, 470.18 feet to an iron pin, 18. N 72 °20'28" E, 808.61 feet to an iron pin, 19. N 73 °28'36" E, 399.90 feet to an iron pin, 20. N 75 0 42'50" E, 602.21 feet to an iron pin, 21. N 82 °10'18" E, 217.12 feet to an iron pin, 22. N 75 °45'46" E, 20.16 feet to an iron pin for the northeast corner of the herein described tract, THENCE, with the east line of herein described tract, the following five (5) courses and distances, numbered 1 through 5, 1. S 15 °53'28" E, 3099.75 feet to an iron pin, 2. S 13 °16'54" E, 417.05 feet to an iron pin, 3. S 15 °27'39" E, 1442.82 feet to an iron pin for an ell corner, 4. N 69 °42'18" E, 759.68 feet to a point for an ell corner, 5. S 20 °17'42" E, 4704.60 feet to a point for the southeast corner of the herein described tract, THENCE, with the south line of the herein described tract, the following nine (9) courses and distances, numbered 1 through 9, 1. S 73 °14'47" W, 966.79 feet to an iron pin for an ell corner, 2. N 17 °09'00" W, 1028.53 feet to an iron pin, 3. N 17 °12'43" W, 1802.92 feet to an iron pin for an ell corner, 4. S 71 °01'44" W, 1251.96 feet to an iron pin, 5. S 74 °18'51" W, 535.94 feet to a nail found, 6. S 72 °48'07" W, 1074.93 feet to an iron pin, 7. S 72 °36'05" W, 504.70 feet to an iron pin for an ell corner, 8. N 17 °24'00" W, 1170.25 feet to an iron pin for an angle, 9. S 58 °19'00" W, 2070.93 feet to the POINT OF BEGINNING, containing 981.29 Acres of Land. Prepared By: Bryson & Associates Surveying Company 3401 Slaughter Lane West Austin, Texas 78748 EC /ccs Job #83 -349 2/27/87 Exhibit "E -1" Page 2. Gentlemen: ATTEST: wrrex -F DATE: (letterhead of issuing bank) IRREVOCABLE LETTER OF CREDIT NO. TO: Jim Hislop d /b /a Riata Management and /or the City of Round Rock, Texas ( "Payee ") We hereby issue this Irrevocable Letter of Credit in your favor and authorize you to draw at sight on ourselves for the account of ( "Customer ") for any sum or sums not exceeding in the aggregate $ We do hereby agree with drawers, endorsers and bona fide holders of drafts negotiated under and in compliance with the terms of this Letter of Credit that the same shall be duly presented on or before December 31, 1987, but not thereafter. Any request for a draw hereunder shall be accompanied by the affidavit of Jim Hislop or the City Manager of Round Rock stating that such draw is being called pursuant to the terms and provisions of that one certain West Round Rock Water System Improvements Agreement and that the funds will be used to further the construction of the Improvements as defined in said Agreement. Upon receipt by us of a letter signed by Jim Hislop or the City Manager of Round Rock stating that a Customer has deposited cash in lieu of a draw against this Credit, the amount of this Credit shall be reduced by the amount of the cash so deposited. We specifically waive all rights, if any, including but not limited to Section 5 - 12 of the Uniform Commercial code, to defer or delay honor or payment of any sight draft. This Credit is governed by the Uniform Commercial Code in force in the State of Texas on the date hereof and is subject to the Uniform Customs and Practices for Documentary Credits (1974 Revision), International Chamber of Commerce Publication No. 290. EXHIBIT "F" By: Its LE 100 FF110� 181 0304011100 - 6 4e' 101213 LIE 6 76,06103 9011.00 0600 0006,079.0 6230.50 07.10 491,14141 3064.11 0.501 044,706.0 17,749.00 51.760 110,500.16 1,40100 100. 46' 4412E 2110 11502.00 5100.50 610.0 12,000.0 400.00 71.1 0 0 7 1,167.0* 7, 061.00 11691 765,449.00 3,212.00 16716 191,031.60 1,100.00 106 42' 010 LIME 19,82.0 4700.01 81010 4497,510.00 01500 0.20 04 3 11106 977,012.75 3,212.00 16.715 703,411 1,400.00 107. 14' 1006 LINE 7,90.00 WE 00 060.00 0100,0000 0.00 0.000 50.00 0.0 0.006 00.00 530.0 1.040 412,472.00 1,600.00 106 04' 01E0 LIE 7,170.00 1000.00 160.0 160,000.01 0.00 0000 0100 0.00 0.001 10.50 5010 7.046 6,224.00 1,10100 113. 14' 4410 LIE 5,327.0 1300.00 610.00 170,000.00 0.00 0.000 40.00 0.00 0.000 10.00 MOO 9.950 17,7619 1,40.00 109 30' 1010 LIE 31,00.61 2000.06 41550 4150,00640 600.00 0.030 474,8104 3 00.140 *1740.50 4741.43 21176 03469100 0.00 110. W 40070 LIE 11,79663 4700.50 17100 6322,510.00 STOW 69071 019,250.75 3,064.00 25030 10,00.00 4741.63 24.0 47 0.03 1 7 12. 364410 'JOE EE 1100143 ,314.00 2700.00 6350 7200,510.00 5E04.0 !0..1 01041, 503.11 7 21.5 04,152530 5,11650 �3 542,4 0 0.0) 121. 30' 1120 GE 9071.00 2000.0 4110 6154500.00 5204.00 2.72% 679000.14 4051.00 0.140 61710.40 411600 21.446 132,160.0 0 0.00 75. 24' 0010 LIE 7,413.00 1903.50 160.0 6150.500.50 5204.00 70.271 0110,300.00 420100 2100 144,700.00 0.00 0.000 10.00 0.00 72. 10. 441EE L01 0 3,94600 010 40.03 617, 1000 22 �� 014213.19 ,07 1,354.0000 04.50 I $4,312.111 0.0 0.0 0.0 6 1 0.4 177. 16 6 1( 7 2 LINE 3,477.0 1000.9 01 00 16 79. 16' 4422 7.1E 7,010.4 000.00 NO.06 ,000.00 0013.0 60.41 121.11600 111100 00.101 11400.00 0.00 0.003 10.06 0.00 119. W 44161 410 171.0) 100 .00 ,217.04 0.0 4.W/ 1600 111.06 100.1 1793,040.00 0.00 0.060 00.50 0.03 L' 10 170 I8 LIE .1 31100 1614.431 04 00 149.50 67 47 04 401.03 201.50 91.41 0140666 171.00 11.117.32 0.W 0.000 10.00 0.00 177. 16.21027.6E 1 345040 1.00 10.00 150,066600 2911.0 96000 174066100 10 5.10 .00 1371 03,117.8 0.000 10.00 0.00 77. 16' 101 LIE 4160 OWN 030.50 104, 0. 0. 00 W 1000 31600 1.1.110 117 710.06 411600 10 00.116 104,090.00 4 0.03 101. 14 111E0 00 L11 1 20311600 031.00 03650 114,312 3150 .00 0.11 0.000 00.50 0 .W 0.1 10.00 411600 100.006 13,330.00 0 0.50 76 4' 4412E 0,W1 1 42.00 0.0 03609 617211 . 0.W 0.000 0.W 0.030 20.00 411600 100.00* 1748600 0.0 71 16' 1110 7.1E 0 342.00 3030.00 040.00 191,10.00 650 0. WOO 000 10.50 710.03 100.000 491 600 0.006 70.00 • 0 0.00 006. 16' 0000111E 62500 4700000 130.00 0106030.00 0.00 0.000 40.00 3.0) 0.000 03.0 00.00 400.02 1401,10.03 • 0.01 Iffi 1026 7.1E 71603 1700.50 170.03 14003 9 0300 1,0.03 0.00 0.0. !1100 150.501 010 0.00 6.01 03.00 0.0 700. 21120 LIE 66250 2350.50 1i2.g 1 1 4 .000.00 0020 6441 1 1111,330.0) 100.00 0.00 0.001 10.00 90.0 1103 044 7 1,10.00 1.10 11 01,10,20.00 710.00 40.80 9471,0160 3,0360 7671 08,374.60 411600 24.10 0204,107.16 • 0.00 1.92 0.6 7112 6 '9N70.49917211E 001227144 4111410.00 41,441,517.16 0 3 0 431,403.9 03121906.9 011007 0391 0160610004.03 1 44036 , ,0 5 90. 00 7 10,672.00 11641012.001 MI NEM6 610 1134,39140 101,390.00100 Irolll 060 14 ,150 1032,16.010 0 1142,491 3010 0164,600.00 2114,100.0011 0011031 65,7111410.00 01,10,777.75 12,061,19670 0704 00 131495.52 005 • 91111601 1010 IWLL OM 1/0000110 /10501011/0 000 ORE ESTIMATED 10 0.1.0. 101 E OI 71 w W7.e 1112, 10.1 0.2 111. • 50511111/1 1101 1 1. 0 1. NIKE 014001. sum= FEfl 1103 0514041.11 1193,19170 1206,18.47 070, '380 631,200.9 474517.0. GiT 0200.7101 FEE 011 0711511 101 00,03670 000 0143069 •• 69,32011 •• 0,731.44 ON 015,141.9 000 406.11 1193,19170 1206,139.67 412,15121 031,291'8 610,517.77 (4011619/102 1101 1172, 413,512 0 010,107.66 4107.46 0 13, 0 P10110 1 0E 131 0 012000.0 0 400.04 0 47 µ 3312 079 079 111;1001 10(. 07,0749 1600 02,340.00610 00,97,0401 716,1375 1305,30.72 697,001.9 1600106016 75 01/10006 01T 0.11)49 lint) 130017.01113 1E007.90 0111102,7 12,607.90 231,291 11 1001. 06:.,•.:.00 1357,03.93 01017301000 09E IF 101016 110 1100 111018 PIOTIC W IT 10 1•1 0131106 1010. 0. a1. 1030.00 361000 000,763.6 - 10.00 110,76161 FEN 111.111 300.0 6703 0 034 10.0 1004,121.171 MOO 2350 3140) 10.0 10,123.0 1E30 10600 •]7* 10.0 00.00 102490.201 3100 105,91.06 1631400 101000 110 001101 1*p101 OWE 09 ,7016 034404.97 1167,42.2) 1@,1210 001 1011E 208010 101111111101110311 4402 .60.11 1452427509 0050 0417,5169 0911,52106 • 0E01 1101 0 10 10 4 1171110 0076 100 0 0 1� 04 1010. 0101011 C01151/1.0110 1:000 030505 6 10 75 75 0001 19 10-062 170010 3.4.- 01LA2 Ion 1.06. 6 J.V. 00. 102 II* P111gT0 0 00010 031 17011101 0 2117 6 011 1101 101101003 W 1401 OOW1 6 1Aa0 ®T 1 1 0 100 MP. 101 1.01 0E2016 0 000178170! 3.111 650,401.07 7.190 039 7.18 210,26100 16991 033.66200 1680 411,151.00 3120 12449640 0.00* 10.00 O .006 00.03 0.00% 001 0.03% MOO v� 1 6006 40.9 0.000 0000 00.0 0.0 10.50 0.90 069 0.96 03.9 0.0* 10.0 0.00 • 0 13600 0.000 00.0 16.321 140,01000 51.00 SI22,0tLW 0.000 1600 101E. m'6� 10401 44031800 pram 00/ 5,60103 15.+71 $81,700.07 5,,600.0 2'16 814441,14 5,600.00 74.376 6)3 5,60400 74.370 04,62.00 3, 0 0 0.001 7 10.00 0.00 00 0.006 1 0.0 0.0 1 00 0.000 0 0.00 X 1100.0 0.00 0.00 10 000 70.0 0.00 0.006 00.00 0.W 0.00 10 0 0.0 0.003 00.00 0.0 0.000 10.00 0.00 0.000 000 0.0 0.000 00.03 0.0 0.01 0.50 0.00 0.00 0.00 5 ' 60 0.0 0 0 0.0008 897,930.03 0.0 A0 0.000 10.00 4705,17100 HAND DELIVERED RECEIVED We-,4 Q . . The Bill Milburn Co The Honorable Mayor Mike Robinson City of Round Rock 214 East Main Street Round Rock, Texas 78664 Dear Mayor Robinson: Building New Homes the Old Way May 12, 1987 To recap our conversation of May 12, 1987 the following items were mutually agreed to by the City of Round Rock and Bill Milburn, Inc. in conjunction with the final execution of the West,Round Rock Water Contract. 1. Bill Milburn, Inc.'s responsibility for funding the "inner loop oversize" will be capped at *671,000.00, plus 10Z for engineering and contingencies for a total of 038,100.00. 2.' The calculation of a per segment cost for those improvements included in the inner loop will be based upon a mutually agreeable pricing index. 3. The phasing of the improvements described in Exhibit G of the West Round Rock Water Contract will generally occur in four (4) segments, with Segment No. 1 being the improvements already in the ground and constructed by Bill Milburn, Inc. Segment No. 2 being the water transmission line along FM 1431. Segment No. 3 being the inner loop, and Segment No. 4 being the connection between the FM 1431 transmission line and the inner loop, including the final tie between the north and south systems (line Segment No. 77). 4. Segments 3 and 4 will be initiated based either upon demand defined by LUE's or a specific date. For Segment No. 3 the possible triggers could be 75 or 100 LUE's of actual demand by Fern Bluff or June 1, 1988, whichever occurs first. 11911 Burnet Road /P.O. Box 9802 *682 /Austin, Texas 787661(512) 815 FIOMr The Honorable Mayor Mike Robinson May 12, 1987 Page 2 5. Bill Milburn, Inc. will participate on a prorata basis in the construction of Segment No. 2 of the West Round Rock Project at such time as that segment is required, based upon demand by Brushy Creek North, and Lomas and Nettleton. 6. The City of Round Rock, after verification by its Public Works Director, will commit to a specific number of water LUE's to be available upon the completion of Segment No. 1 and Segment No. 3. These commitments will form the basis of the trigger for the completion of the next required segment. 7. The City of Round Rock will commit in writing to the City of Austin the availability of 600 LUE's of wastewater capacity in their existing 3.0 MGD, and 2.5 MGD wastewater treatment plants. I trust this summary accurately reflects our discussion. In the event that it does not, please contact either myself or Joe DiQuinzio immediately so that we may resolve any differences of opinion. Thank you for your time and assistance in bringing this matter to a close. BM:pb 609 Sincerely, Bill Milburn cc: Joe DiQuinzio Glen King; City Councilmember, City of Round Rock Sam Huey; Acting City Manager, City of Round Rock m Nuse; Public Works Director, City of Round Rock 45a0caLa90 We RouA .Rway- HAND DELIVERED The Honorable Mayor Mike Tobiason City of Round Rock 214 Last Main Street Round Rock, Texas 78664 Dear Mayor Robinson: Heading New Hones the Old Way May 12, 1987 To recap our conversation of May 12, 1987 the following items were mutually agreed to by the City of Round Rock and Bill Milburn, Inc. is conjunction with the final execution of the West Round Rock Water Contract. V 1. Bill Milburn, Inc.'s responsibility for funding the "inner loop oversize" will be capped at *671,000.00, plus 10Z for engineering and contingencies for a total of *738,100.00. 2. The calculation of a per segment coat for those improvements included in the inner loop will be based upon a mutually agreeable pricing index. 3. The phasing of the improvements described in Exhibit G of the West Round Rock Water Contract will generally occur in four (4) segments, with Segment No. 1 being the Improvements already in the ground and constructed by Bill Milburn, Inc. Segment No. 2 being the eater transmission line along FM 1431. Segment No. 3 being the inner loop, and Segment No. 4 being the connection between the FM 1431 tranenission line and the inner loop, including the final tie between the north and south systems (line Segment No. 77). 4. Segments 3 and 4 will be initiated based either upon demand defined by LUE's or a specific date. For Segment No. 3 the possible triggers could be 75 or 100 LUE's of actual demand by Fern Bluff or June 1, 1988, whichever occurs first. 11911 Bursa 11:0"4 /P.O. Box B802 •66 /Austin, Texas 78766115121 835 -HOME The Honorable Mayor Mike Robinson May 12, 1987 Page 2 /7 . 5. Bill Milburn, Inc. will participate on a prorata basis in the construction of Segment No. 2 of the West Round Rock Project at such time as that segment is required, based upon demand by Brushy Creek North, and Lomas and Nettleton. 6. The City of Round Rock, after verification by its Public Works Director, will commit to a specific number of water LUE's to be available upon the completion of Segment No. 1 and Segment No. 3. These commitments will form the basis of the trigger for the completion of the next required segment. The City of Round Rock will commit in writing to the City of Austin the availability of 600 LUE's of wastewater capacity in their existing 3.0 MGD, and 2.5 MGD wastewater treatment plants. I trust this summary accurately reflects our discussion. In the event that it does not, please contact either myself or Joe DiQuinzio immediately so that we may resolve any differences of opinion. Thank you for your time and assistance in bringing this matter to a close. BM:pb 609 Sincerely, 8111 Milburn cc: Joe DiQuinzio Glen King; City Councilmember, City of Round Rock Sam Huey; Acting City Manager, City of Round Rock Jim Muse; Public Works Director, City of Round Rock HAND DELIVERED Dear Bob: JAD:pb 0628 Enclosure The Bill Milburn Comp_ny_ Mr. Bob Bennett City Manager, City of Round Rock 214 East Main Street Round Rock, Texas 78664 Attached is a draft of the supplemental agreement to the West Round Rock Water Contract. It tracks the previous verbal agreements between Milburn Investments, Inc. and Round Rock including modifications necessitated by Milburn Investments, Inc. agreement with the general conditions of the current West Round Rock contract. Please note, however, that it also includes a separate paragraph ( @3) that addresses full reimbursement of the Round Rock oversize share of the Fern Bluff 1.5 mg water tank. I decided to clarify this issue based upon our conversation on Monday, June 8, 1987. I do not believe there are any controversial items in the agreement. It is our intent to execute this supplemental agreement concurrently with the West Round Rock agreement. Thanks for your help and I hope we can bring this entire negotiation to a quick conclusion. cc: Mr. Bill Milburn Building New Homes the Old Way June 10, 1987 Sincerely, Joseph A. DiQuinzio, Jr. Vice President Land Development 11911 Burnet Road /P.O. Box 9802 0 682 /Austin, Texas 78766/(512) 835•HOME ngt THE STATE OF TEXAS COUNTY OF WILLIAMSON AGREEMENT REGARDING THE CONSTRUCTION OF WATER SYSTEM IMPROVEMENTS KNOW ALL MEN BY THESE PRESENTS THIS AGREEMENT REGARDING THE CONSTRUCTION OF WATER SYSTEM IMPROVEMENTS is made and entered into on this the day of , 1987, by and between THE CITY OF ROUND ROCK ( "City "), a home rule city located in Williamson County, Texas, and MILBURN INVESTMENTS, INC. ( "Milburn "), a Texas corporation. W I T N E S S E T H WHEREAS, the City and Milburn, along with other parties, have entered into that certain West Round Rock Water System Improvements Agreement ( "West Round Rock Agreement "), a copy of which is attached hereto as Exhibit "A" and incorporated herein for all purposes relating to the construction of certain water improvements; and WHEREAS, in Exhibit "G" to the West Round Rock Agreement, water line segments #76, #112, #121, N77, #101, and #73 and the 1.5 million gallon Fern Bluff Water Tank ( "inter -loop water improvements ") are identified therein for which 100% of the City's prorated oversize cost is to be paid by Milburn, on behalf of the Fern Bluff Municipal Utility District ( "District "), in which Milburn's property is located; and WHEREAS, the City and Milburn desire to supplement the West Round Rock Agreement and to set forth the further agreement between the parties herein named; NOW, THEREFORE, for and in consideration of the premises and the mutual obligations and beneifts herein contained, the City and Milburn hereby agree as follows: 1. Notwithstanding anything contained to the contrary in the West Round Rock Agreement, it is expressly agreed by the City that the obligation of Milburn to pay 100% of the City's prorated oversize cost for the inter -loop water improvements, as set forth in the West Round Rock Agreement, shall be modified and that Milburn's obligation for such costs shall be limited to a maximum of $671,000.00 plus 10% for engineering and contingencies, for a total of $738,100.00. In the event that the cost exceeds $738,100.00, Milburn shall be entitled to be reimbursed for such excess costs in accordance with Section 5.01 of the West Round Rock Agreement. 2. The City further agrees to reimburse Milburn, in accordance with Section 5.01 of the West Round Rock Agreement, 100% of the City's oversize cost for the 1.5 million gallon Fern Bluff Water Tank. 20670/65 3. It is acknowledged by the City that prior to the completion of line segments #76, #112, #121, and {177, as identified in the West Round Rock Agreement, the District will be reserved 150 L.U.E.s of water service from existing facilities for service to Milburn's property. Furthermore, after completion of line segments 076, #112, #121 and #77, the District will be allocated a total of 400 L.U.E.s of water service. Upon completion of the entire project, as identified in the West Round Rock Agreement, the District's allocation of L.U.E.s shall be 3064 L.U.E.s as stated in the West Round Rock Agreement. For purposes of this Agreement, the definition of "L.U.E." shall be as set forth in Section 2.02 of the West Round Rock Agreement. 4. The City hereby further commits that it has allocated 600 L.U.E.s of wastewater service to the City of Austin for use by the District, whose use of such L.U.E.s shall be subject to that certain "Interim Wastewater Disposal Contract ", a copy of which is attached hereto as Exhibit "B" and incorporated herein for all purposes. This commitment is specifically based upon the facilities currently in existence at the City's 3.0 million gallon wastewater treatment plant, and no further improvements are required by either the City of Austin or Round Rock to provide this capacity. ATTEST: By: THE STATE OF TEXAS COUNTY OF TRAVIS THE STATE OF TEXAS COUNTY OF TRAVIS § § § § CITY OF ROUND ROCK By: Date: Mike Robinson, Mayor Joanne Land, City Secretary Date: MILBURN INVESTMENTS, INC. Bill Milburn, President This instrument was acknowledged before me on this the day of , 1987, by MIKE ROBINSON, Mayor, of The City of Round Rock, Texas, in the capacity therein stated. Notary Public, State of Texas (Printed or typed name) My commission expires: This instrument was acknowledged before me on this the day of June, 1987, by BILL MILBURN, President, of MILBURN INVESTMENTS, INC., a Texas Corporation, on behalf of said Corporation. Notary Public, State of Texas (Printed or typed name) My commission expires: 20670/66