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R-90-1443 - 4/26/1990ATTEST: J RSO4260G LAND, City Secretary RESOLUTION NO. / /lJ f . WHEREAS, Franklin Capital Corporation ( "Franklin ") and the City of Round Rock on November 7, 1988 entered into that one certain Franklin 582 Water 'And Wastewater Service Agreement ( "1988 Agreement "), and WHEREAS, since the 1988 Agreement, the Franklin Tract has been annexed into the City and Franklin has donated 170 acres to the City for a golf course, and WHEREAS, the construction at this time of some of the water improvements included in the 1988 agreement would result in cost savings to the City as well as providing water service to the Franklin Tract and golf course, and WHEREAS, Franklin and City now wish to amend, revise and clarify said 1988 Agreement, Now Therefore, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS, That the Mayor is hereby authorized and directed to execute on behalf of the City Council a Revised Agreement between Franklin and the City, a copy of said Revised Amendment being attached hereto and incorporated herein for all purposes. RESOLVED this 26th day of April, 1990. MIKE ROBINSON, Mayor City of Round Rock, Texas STATE OF TEXAS .4 hem Revised Agreement is made and entered into on this . day of PRI4 , 1990, by and between the City of Round Rock, Texas, a home rule municipality ( "City ") and Franklin Capital Corporation, a Texas corporation ( "Franklin "). FRANKLIN 582 WATER AND WASTEWATER SERVICE AGREEMENT (REVISED) COUNTY OF WILLIAMSON GCWATER Recitals •r WHEREAS, Franklin and City on November 7, 1988 entered into that one certain Franklin 582 Water And Wastewater Service Agreement ( "1988 Agreement "), and WHEREAS, since the 1988 Agreement, the Franklin Tract (as defined in the Dedication Agreement as hereinafter defined) has been annexed into the City and Franklin has donated 170 acres to the City for a golf course, and WHEREAS, the construction at this time of some of the water improvements included in the 1988 Agreement would result in cost savings to the City as well as providing water service to the Franklin Tract and golf course, and WHEREAS, Franklin and City now wishes to amend, revise, clarify, supercede and restate in its entirety said 1988 Agreement, Now Therefore, It Is Agreed As Follows: Article I Capacity Reserved 1.01. Capacity in System Improvements. The capacity of the water and wastewater system improvements to be constructed shall be measured in terms of Living Unit Equivalents (LUE's). A Water LUE is defined as that unit of development which consumes the same amount of water as is consumed by a detached single family dwelling unit. For the purpose of this Revised Agreement, a Water LUE is deemed to consume an average of four hundred eighty (480) gallons per day not to exceed a peak rate of 1.0 g.p.m. A Wastewater LUE is defined as that unit of development which produces the same peak wet weather flow as is produced by a detached single family dwelling unit. For the purpose of this Revised Agreement, a Wastewater LUE is deemed to produce a peak wet weather flow of three hundred fifty (350) gallons per day of wastewater. Subject to the conditions stated in Article IV below, the City agrees to reserve capacity for Franklin in the water and wastewater improvements to be constructed in the amount of one thousand five hundred (1,500) Water and Wastewater LUE's. The number of LUE's for residential uses shall be determined as follows: TYPE OF RESIDENTIAL UNIT Single Family Detached 1.0 Duplex 0.9 per unit Tri -plex, four -plex and multi- family 0.7 per unit The number of LUE's for commercial and industrial use shall be determined in accordance with projected usage. Franklin shall be entitled to allocate its LUE's to its tract, or any portion thereof, as it deems advisable. In the event of transfer of the tract, or any portion thereof, the City, unless notified as set forth hereinafter, may deem that a pro rata number of LUE's are transferred with the conveyed property in accordance with the ratio between the area of the conveyed property to the total area of the tract. Provided, however, Franklin may designate in writing to the City the amount of LUE's transferred with the conveyance of any tract or any portion thereof. Franklin shall not be permitted to transfer or assign its right to LUE's of line capacity except to any purchaser of its tract, or any portion thereof. 1.02. No Plant Capacity Reserved. It is understood and agreed that although Franklin will have reserved capacity in the water and wastewater improvements contemplated herein, no capacity in the existing or future treatment plants is being reserved. Available capacity in the treatment plants will be allocated to users in the City's service area on a "first come - first served" basis in accordance with the ordinances and regulations of the City. The City acknowledges that it now has 8,333 LUE's of available capacity in its water treatment system and 6,570 LUE's of available capacity in the wastewater treatment plants. The City agrees to notify Franklin at such time that the available capacity in either the water or wastewater treatment plants drop below 4,000 LUE's. At such time Franklin may obtain commitments for up to 1,500 LUE's of capacity in the treatment plants by prepaying water and wastewater LUE fees or by obtaining final plat approval for the tract or portions thereof. 2. NUMBER OF LUE's Article II Covenants and Agreements of the City 2.01. Water Improvements. The water improvements needed to serve the Franklin Tract are described in Revised Exhibit "A" and Revised Exhibit "B." Franklin agrees to deposit with the City, upon execution of this Revised Agreement, the sum of $140,000 as its share of constructing the water lines from H to G, G to E, and E to K (Pond #6.) City agrees upon execution of the Revised Agreement and receipt of the aforesaid sum from Franklin, to approve a change order to the contract for construction of the golf course, such change order to provide for the construction of the aforesaid water improvements. The City agrees to diligently pursue the completion of said improvements. ' 2.02. Wastewater Improvements Feasibility Study. As a result of the construction of the aforesaid waterline improvements, the City will not be required to develop a second water well for golf course irrigation purposes. In consideration of the foregoing, the City agrees to spend up to $33,000.00 to perform a feasibility study for the wastewater improvements described in Revised Exhibit "A" and Revised Exhibit "B" and to acquire the easements for said improvements. The feasibility study will include (1) a routing plan for a twenty -five foot (25') wide easement for the gravity wastewater main, as well as a reclaimed water line for golf course irrigation; (2) an ownership map of the proposed route; (3) a preliminary line size plan; and (4) preliminary easement acquisition and construction costs. Surveying the easement and providing field note descriptions will be considered as easement acquisition costs and not part of the feasibility study. It is agreed between Franklin and City that the cost of performing the feasibility study is $9,500.00. The City agrees to pay the easement acquisition cost up to $23,500.00, with Franklin paying the remaining costs. City and Franklin agree that upon completion of the feasibility study they will in good faith promptly proceed to acquire the needed easements. Franklin will be responsible for the construction costs of the gravity main and the City will be responsible for the construction costs of the reclaimed water line. 2.03. Acceptance For Maintenance. Upon completion of water improvements and wastewater improvements in accordance with the approved plans and specifications therefor and in accordance with the ordinances and regulations of the City, the City agrees to accept same for maintenance. Upon completion of the required subdivision improvements, including but not limited to streets, drainage, etc., in accordance with the approved plans and specifications therefor and in accordance with the ordinances and regulations of the City, City agrees to accept same for maintenance. 2.04. Oversize Reimbursement. The City acknowledges that the wastewater improvements and water improvements described in this Revised Agreement may include certain oversized components which are to be constructed and /or paid for by Franklin at the request of the City. Accordingly, Franklin will be reimbursed for said oversize expense as 3 . provided by Chapter 8, Section 6.J.(4), Code of Ordinances, City of Round Rock. Article III Agreements and Covenants of Franklin 3.01. Utility Easements on Franklin Tract. Prior to the commencement of construction on the Franklin Tract of the water or wastewater improvements the subject of this Agreement, Franklin shall execute and deliver to the City all necessary utility easements, at no cost to the City. 3.02. Water and Wastewater Improvements. The water improvements from E to D , and the wastewater improvements from D to J, as described in Revised Exhibit "A" and Revised Exhibit "B ", will be constructed by Franklin as its sole cost and expense except for oversize as required by the City and paid for out of the City's oversize fund. As a condition to the approval of any final plat of any portion of the Franklin Tract, Franklin agrees to provide for the construction of the water improvements from E to D, as described in Revised Exhibit "A" and Revised Exhibit "B." Article IV Conditions 4.01. Citv's Conditions. The City's obligations to provide water and wastewater service to the Franklin Tract; reimburse Franklin pursuant to the oversize policy; and perform its other obligations under this Revised Agreement shall be conditioned and contingent upon: a. Utility Easements. All necessary utility easements have been fully executed, acknowledged, and recorded in the real property records of Williamson County, Texas. b. Other Agreements. Each of the covenants and agreements of Franklin set forth herein shall have been satisfied or evidence satisfactory to City shall have been provided to City confirming that each of the covenants and agreements of Franklin not previously satisfied will be satisfied. 4.02. Franklin's Conditions. Franklin's obligation to construct the water and wastewater improvements and perform the other obligations of Franklin as provided in this Agreement shall be conditioned and contingent upon: a. Other Agreements. Each of the covenants and agreements of the City set forth herein shall have been satisfied or evidence satisfactory to Franklin shall have been provided to Franklin confirming that each of the covenants and agreements of the City not previously satisfied will be satisfied. 4. Article V Costs The City will pay the following additional costs: the City's attorney's fees and the cost of any surveys necessary to effectuate this Revised Agreement. Franklin will pay Franklin's attorney's fees and the cost of recording the utility easements necessary to effectuate this Revised Agreement. Article VI Default: Remedy In the event that either party fails to perform its obligations hereunder (except as may be excused (i) by the other party's default or failure or (ii) by the express terms of this Revised Agreement), the party claiming default will make written demand for performance on the defaulting party (herein so called). In the event the defaulting party fails to comply with such written demand within ten (10) days after notice thereof, the other party will have the option to waive such default or, due to the unique character of the subject matter of this Revised Agreement, seek and obtain specific performance of the terms and provisions of this Revised Agreement; it being expressly acknowledged and agreed by the parties hereto that damages for breach or default of the terms of this Revised Agreement are inadequate and each party hereto accordingly unconditionally waives any defense that damages or other remedies, other than specific performance, will adequately or appropriately compensate any other party hereto for a breach or default hereunder. If to the City: With a copy to: If to Franklin: Article VII Miscellaneous 7.01. Time. Time is of the essence of this Agreement. 7.02. Notice. - All notices, requests, demands, and other communications under this Revised Agreement, to be effective, shall be in writing and sent by regular or certified mail, return receipt requested, with the U.S. Postal Service, addressed as follows: City of Round Rock 221 East Main Street Round Rock, Texas 78664 Attention: Robert L. Bennett Stephan L. Sheets & Associates, P.C. 309 East Main Street Round Rock, Texas 78664 Attention: Stephan L. Sheets, Esq. Franklin Plaza 111 Congress Austin, Texas 78701 Attention: Kenneth L. Anderson 5. • With copies to: Franklin Federal Bancorp 111 Congress Avenue Austin, Texas 78701 Attention: Tim Irvine Trotter & Herndon, P.C. 3101 Bee Caves Road, Suite 302 Austin, Texas 78746 Attention: Mark A. Herndon or at such other address, and to the attention of such other person, as either party shall give notice as herein provided. All such notices, requests, demands, and other communications shall be deemed to have been given for all purposes hereof on the first calendar day after the date of the mailing thereof if sent by certified mail, return receipt requested, with postage prepaid, or on the third calendar day after the date of the mailing thereof if sent by regular mail, with postage prepaid; provided, that each party shall also have the right to utilize courier service, telecopy or personal delivery, in which case the notice, request, demand or other communication will be deemed given on the date of actual delivery to the specified address. 7.03. Brokerage. Each of the City and Franklin represents to the other party that it has not engaged, and covenants that it will not engage, any broker or finder in connection with this Revised Agreement or the transactions contemplated herein in a manner so as to give rise to any valid claim for any brokerage or finders' fee or similar compensation. Each party further represents to the other party that it has not authorized, and will not authorize, any person to act in a manner so as to give rise to any valid claim for any brokerage or finders' fees or similar compensation, and, if any party or their affiliates has caused any such fee to be payable, then such party shall bear any such fee. 7.04. Entire Agreement and Modifications. This Revised Agreement embodies and constitutes the entire understanding among the parties with respect to the transactions contemplated herein, and all prior or contemporaneous agreements, understandings, representations, and statements (whether oral or written) are merged into this Revised Agreement. Neither this Revised Agreement nor any provision hereof may be waived, modified, amended,` discharged, or terminated except by an instrument in writing signed by the party against whom the enforcement of such waiver, modification, amendment, discharge or termination is sought, and then only to the extent set forth in such instrument. 7.05. Applicable Law. This Revised Agreement shall be governed by and construed in accordance with the laws of the State of Texas, and all obligations of the parties created hereunder are performable in Williamson County, Texas. 7.06. Captions. The captions in this Revised Agreement are inserted for convenience of reference only and in no way define, 6. describe or limit the scope or intent of this Agreement or any of the provisions hereof. 7.07. Assignment. This Revised Agreement (including all terms, provisions and rights) may not be assigned by the City without the prior written consent of Franklin, although Franklin shall be entitled to assign its interest in this Revised Agreement to any entity acquiring all or substantially all of Franklin's interest in the Franklin Tract. 7.08. Exhibits. All exhibits to this Revised Agreement are hereby fully incorporated herein by reference for all purposes as though fully set forth herein. 7.09. Severability. If any provision of this Revised Agreement is held to be illegal, invalid, or unenforceable under present or future laws, such provision shall be fully severable and shall not invalidate this Revised Agreement, and the remaining provisions of this Revised Agreement shall remain in full force and effect and shall not be affected by the illegal, invalid, or unenforceable provisions or by its severance from this Revised Agreement. 7.10. Gender of Words. Words of any gender shall include the other gender where appropriate. 7.11. Binding Effect. This Revised Agreement will inure to the benefit of and bind the respective heirs, personal representatives, successors and assigns of the parties hereto. Nothing herein shall be construed to create any third party beneficiaries' rights or any rights in any other persons not a party to this Revised Agreement. 7.12. Legal Construction. The terms and provisions of this Revised Agreement represent the results of negotiations among the parties, each of which has been represented by counsel of its own selection, and none of which has acted under duress or compulsion, whether legal, economic, or otherwise. Consequently, the terms and provisions of this Revised Agreement shall be interpreted and construed in accordance with their usual and customary meanings, and the parties hereby expressly waive and disclaim in connection with the interpretation and construction of this Revised Agreement, any rule of law or procedure requiring otherwise, including, without limitation, any rule of law to the effect that ambiguous or conflicting terms or provisions contained in this Revised Agreement shall be interpreted or construed against the party whose attorney prepared this Revised Agreement or any earlier draft of this Revised Agreement. 7.13. Attorney's Fees. In the event either party should default under any of the terms or provisions of this Revised Agreement and, as a consequence, the other party should employ attorneys or incur other expenses for the collection of amounts payable hereunder for the enforcement of performance or observance of any obligation, covenant or agreement on the part of the other party contained in this Revised Agreement and litigation shall ensue, then the party prevailing in said litigation shall be entitled to recover reasonable attorney's fees, 7 . court costs and other reasonable expenses associated with any such litigation. 7.14. Survival. Each of the representations, warranties, terms and provisions of this Revised Agreement shall survive the execution of this Revised Agreement and the execution and delivery of the other documents contemplated to be executed and delivered in connection herewith, and shall continue in full force and effect. 7.15. Status of Parties' Relationship. Nothing in this Revised Agreement shall be construed to make any party the partner or joint venturer of or with respect to any other party. 7.16. Counterpart Execution. This Revised Agreement may be executed in multiple original counterparts, each of which shall be deemed an original but all of which together shall constitute but one and the same instrument. 7.17. Authority. Each person executing this Revised Agreement warrants and represents that he has the power and authority to enter into this Revised Agreement in the name, title, and capacity herein stated and on behalf of the entity represented or purported to be represented by such person. 7.18. Dedication and Development Agreement. The City and Franklin acknowledge and agree as follows: a. This Revised Agreement supercedes the 1988 Agreement, which shall be of no force and effect from and after the effective date hereof. b. All references to the 1988 Agreement contained in that certain Dedication and Development Agreement, dated as of September 28, 1989 ( "Dedication Agreement "), and each and every document executed pursuant thereto or in connection therewith shall be deemed references to this Revised Agreement, effective as of the date of each such document. c. All notice provisions contained in the Dedication Agreement and in each and every document executed pursuant thereto or in connection therewith are amended by substituting the language contained in Section 7.02 therefor. d. Except as expressly modified in this Section 7.18, the Dedication Agreement and each and every document executed in connection therewith or pursuant thereto is hereby ratified and confirmed and shall continue in full force and effect in accordance with its terms. 8. IN WITNESS WHEREOF, this Revised Agreement has been executed by the parties on the dates hereafter indicated, to be effective, however, as set forth above. ATTEST: CITY OF ROUND ROCK, TEXAS By: Date: FRANKLI a Tex Date: 9. Mike Robinson, Mayor 34 /990 Kenneth L. de 'son, Vice President % /L O / /790 FROM J. DRUID TROTTER LRW OFFICE • `pith 1 1 04.24.1989 14:56 : NO. 7 P.1O c ip • •..., .. .. , . ,--- : .8E! 1,...12 " • .\,. \6 L .. 2..4.4. lENTRANCE 1 44 -*()::,.* (ii , • - n 1 ROAD --�.• 11i 1.' • / \'• .9 .1 1. . ,. N1�10 C r t ii ' i 18 C .4 BP-\14 w , _ -� } n ' t @I , ,. � :�� • ..1 i / tas� C • Iti y Lt Scale:1 2000 1f EXHIBIT Revised Exhibit "A" 0• 2. Line Extension - CR 122 G to E, 16 ", 4056 ft. 3. Line Extension E to K (Pond #6), 12 ", 2348 ft. SUBTOTAL Phase II Water Improvements C54W &WSERCOST SUBTOTAL Wastewater Improvements 2. Reclaimed water irrigation line SUBTOTAL TOTAL * = estimate Water And Wastewater Service Costs Cost to Phase I Water Improvements Franklin 1. Line Extension - Gattis School Rd., H to G, 16 ", 1161 ft. $ 23,828.22 $ 11,842.00 83,244.13 32,927.65 1. Line Extension to Regional Treatment Plant, 18" $216,000.00* $140,000.00 $ 77,162.80 1. Line Extension - CR 122 E to D, 16" $115,200.00* $ 38.400.00* $153,600.00* $115,200.00* $ 38,400.00* $153,600.00* -o- $216,000.00* $298,800.00* $471,200.00* $414,362.80* 1 Cost to City 41,371.20 23,949.60 $ 43,200.00* 255,600.00* Total $ 35,670.22 124,615.33 56,877.25 $217,162.80 $259,200.00* 255.600.00* $514,800.00* $885,562.80* DATE: April 23, 1990 SUBJECT: City Council Meeting, April 26, 1990 ITEM: 9G. Consider a resolution authorizing the Mayor to execute a revised water and wastewater service agreement with Franklin Capital Corporation for the Franklin Tract. STAFF RESOURCE PERSON: STAFF RECOMMENDATION: Jim Nuse To authorize the Mayor to enter into agreement. The purpose of this agreement is to revise the existing water and waste- water agreement. The water aspects include the construction of 16 inch and 12 inch water lines. Franklin agrees to pay $140,000. and the balance will be paid for in accordance with the oversize policy. Manville Water Supply Corp. is also to contribute. This item will be Change Ordered into the Golf Course Contract. Please refer to Section 2.01, 2.02, 3.02, Exhibit A and Exhibit B for the significant changes in this contract. Please refer to item 13 A. Any excess funds will be refunded to the oversize fund. STEPHAN L. SHEETS KEVIN HENDERSON CHARLES D. CROSSFIELD STEVEN C. COPENHAVER Mr. Kenneth Anderson Vice Presi• -nt Franklin ederal Bancorp P.O. B - 1723 Austi•, Texas 78767 Dear Kenny: SLS /gj Enclosures cc: Bob Bennett Mark A. Herndon Jim Mills STEPHAN L. SHEETS & ASSOCIATES, P.C. ATTORNEYS AT LAW 309 E. MAIN STREET ROUND ROCK. TEXAS 78664 April 30, 1990 Re: "Franklin 582 Water and Wastewater Service Agreement (Revised)" Enclosed please fine one (1) original executed counterpart of the above described Agreement. As always, it was a pleasure dealing with you, Mark and both Jims. Let me know if you have any questions. Stephan L. Sheets TELEPHONE (512) 255-5877 FAX (512) 255.8986