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R-97-05-08-16D - 5/8/1997NO. 91- 257 -C26 HIGHLAND MANAGEMENT, INC., § IN THE DISTRICT COURT ET AL. § VS. § OF WILLIAMSON COUNTY, TEXAS § THE CITY OF ROUND ROCK, TEXAS, § ET AL. § 26TH JUDICIAL DISTRICT SETTLEMENT AGREEMENT AND RELEASE This Settlement Agreement and Release ( "this Agreement ") is entered into by and among the City of Round Rock, Texas (hereinafter referred to as the "City "), the Brushy Creek Municipal Utility District (hereinafter referred to as the "District "), and Highland Management, Inc., Hy -Land Joint Venture, Hy -Land North Joint Venture, and Cat Hollow Associates Limited Partnership (hereinafter collectively referred to as "Developers ") for the purpose of settling the various claims, controversies and disputes between these parties arising out of the facts and circumstances relating directly or indirectly to the above - captioned lawsuit. RECITALS The parties have entered into this Agreement under the following circumstances and to effect the following aims and purposes: SETTLEMENT AGREEMENT AND RELEASE PAGE 1 A. The above - captioned lawsuit ( "the Lawsuit ") relates to the parties' claims for damages, declaratory relief and attorney's fees arising out of the payment of "Base Water Service Fees," "Prepayment Fees," "Reserve Commitment Charges," and "Surcharges," as those fees are defined in that certain "Agreement Between the City of Round Rock and Williamson County Municipal Utility District No. 2 for the Sale of Potable Water." B. The parties acknowledge the costs, hazards, uncertainties and pitfalls of litigation and desire to enter this Agreement in order to settle and lay to rest their controversy, to avoid further costs, litigation and risks, and to buy peace. IT IS THEREFORE AGREED: 1. CONSIDERATION. These parties acknowledge the adequacy of consideration as expressed by the recitations and mutual covenants in this Agreement. 2. GENERAL WARRANTIES. Each party warrants (a) that it has been fully informed and has full knowledge of the terms, conditions and effects of this Agreement; (b) that it, either personally or through its independently retained attorneys, has fully investigated to its satisfaction all facts surrounding the various claims, controversies and disputes and is fully satisfied with the terms and effects of this Agreement; (c) that no promise or inducement has been offered or made to it by the other except as expressly stated in this Agreement, and that this Agreement is SETTLEMENT AGREEMENT AND RELEASE PAGE 2 executed without reliance on any statement or representation by any other party or any other party's agent; and (d) that it is the sole owner of the claims or causes of action released in this Agreement and that it has not previously assigned any interest in such claims to any other person or entity. 3. SPECIAL WARRANTIES. Cat Hollow Associates Limited Partnership warrants that it is the assignee of all claims heretofore owned by E.C. Joint Venture, First Hotel Investments Corporation and Westinghouse Credit Corporation that are asserted in the Lawsuit and released herein. 4. EFFECTIVE DATE. This agreement becomes effective on May 19, 1997 (the "Effective Date "). 5. FUNDS IN REGISTRY OF COURT. The parties agree that, within five (5) days of the Effective Date, they will present to the Court an agreed motion and order, in the form attached as Exhibit "A" hereto, distributing those funds paid by the City into the registry of the Court on October 30, 1992 to the District, and that they will each exercise their best efforts to obtain the Court's immediate entry of such agreed order. 6. CITY'S PAYMENT TO DISTRICT. The City agrees to pay the District $1345 per lot for those lots connecting to the District's water system between August 31, 1989 and September 30, 1992 listed on Exhibit "B" attached hereto, plus three percent (3 %) simple interest from the payment date shown on Exhibit "B" to the Effective Date, in settlement of all claims made in the SETTLEMENT AGREEMENT AND RELEASE PAGE 3 Lawsuit by the District or the Developers. Payment shall be made on the Effective Date by check made payable to the District. 7. DISTRICT'S PAYMENT INTO THE REGISTRY OF THE COURT. The District agrees to place the funds received from the City pursuant to paragraph 6 into the registry of the Court in the Lawsuit within five (5) days of the Effective Date. The District has heretofore and hereby does disclaim any ownership interest in such funds. Further, the District shall take no position as to the claims of any person other than the District to ownership of such funds. If the Court awards the funds that the District pays into the registry of the Court under this paragraph to the Developers, then the Developers and the District agree to negotiate in good faith regarding the use of the funds awarded to the Developers to fund any capital improvements necessary to provide water service that are identified in a future capital improvements plan of the District that has been adopted and approved pursuant to the provisions of Chapter 395 of the Texas Local Government Code. 8. RELEASE OF CITY. Effective upon the Effective Date, the Developers and the District release, discharge and acquit the City and its present and former officers, employees, agents, representatives, and assigns from any causes of action, claims, demands, debts, liability, expense or costs of court of any and every character and nature whatsoever, whether known or unknown, either in or arising out of the law of contracts, torts or SETTLEMENT AGREEMENT AND RELEASE PAGE 4 property rights, whether arising under statutory or common law, at law or in equity, arising out of any matter at any time up to and including the date of this Agreement, directly related to the claims or allegations or subject matter made the basis of the disputes and differences in the Lawsuit; provided, however, that Highland and the District do not release the City from its obligations under this Agreement. 9. RELEASE OF DISTRICT. Effective upon the Effective Date, the Developers and the City release, discharge and acquit the District and its present and former officers, employees, agents, representatives, and assigns from any causes of action, claims, demands, debts, liability, expense or costs of court of any and every character and nature whatsoever, whether known or unknown, either in or arising out of the law of contracts, torts or property rights, whether arising under statutory or common law, at law or in equity, arising out of any matter at any time up to and including the date of this Agreement, directly related to the claims or allegations or subject matter made the basis of the disputes and differences in the Lawsuit; provided, however, that the Developers and the City do not release the District from its obligations under this Agreement. 10. RELEASE OF DEVELOPERS. Effective upon the Effective Date, the City and the District release, discharge and acquit Developers and their present and former partners, officers, employees, agents, representatives, and assigns from any causes SETTLEMENT AGREEMENT AND RELEASE PAGE 5 of action, claims, demands, debts, liability, expense or costs of court of any and every character and nature whatsoever, whether known or unknown, either in or arising out of the law of contracts, torts or property rights, whether arising under statutory or common law, at law or in equity, arising out of any matter at any time up to and including the date of this Agreement, directly related to the claims or allegations or subject matter made the basis of the disputes and differences in the Lawsuit; provided, however, that the City and the District do not release the Developers from its obligations under this Agreement. 11. DISMISSAL OF CITY. The parties agree that, within five (5) days of the Effective Date, they will present to the Court an agreed motion and order of dismissal in the form attached as Exhibit "C" hereto, that they will each exercise their best efforts to obtain the Court's immediate entry of such agreed order of dismissal. 12. DISMISSAL OF DISTRICT AND DEVELOPERS. Within five (5) days of the Court's ruling on the distribution of such funds, the District and the Developers agree that they will present to the Court an agreed motion and order of dismissal in the form attached as Exhibit "D" hereto, dismissing the Lawsuit and that they will each exercise their best efforts to obtain the Court's immediate entry of such agreed order of dismissal. SETTLEMENT AGREEMENT AND RELEASE PAGE 6 13. INDEMNITY. Cat Hollow Associates Limited Partnership agrees to indemnify, defend and otherwise hold the City and the District harmless from any and all demands, suits, judgments, remedial action costs, expenses, fees, penalties, reasonable attorneys' fees and losses arising out of or in connection with any claims that may be asserted against the City or the District by E.C. Joint Venture, First Hotel Investments Corporation, Westinghouse Credit Corporation, or any person claiming under those entities, relating to the claims asserted in the Lawsuit and released herein. 14. NO ADMISSIONS OR CONCESSIONS. The settlement embodied herein is a compromise of disputed claims and is not and shall not be construed as an admission or concession by any party. In particular, the City's payment to the District shall not be construed as an admission or concession that the District is entitled to permanent use and benefit of any services from the City under Section 395.020 of the Texas Local Government Code or that the District or any property owner in the District, including the Developers, is entitled to any refund pursuant to Chapter 395.025 of the Texas Local Government Code. The parties expressly agree that the terms of this Agreement are reasonable and adequate and represent a good faith compromise of all claims that were asserted in the Lawsuit. 15. ATTORNEYS' FEES AND COSTS. Each party agrees to be responsible to pay such party's respective attorneys' fees and SETTLEMENT AGREEMENT AND RELEASE PAGE 7 costs of Court. 16. BINDING EFFECT. This Agreement shall be binding upon, and inure to the benefit of, the parties and their respective representatives, successors and assigns. 17. ENTIRE AGREEMENT. This Agreement contains the entire agreement and understanding between the parties concerning the subject matter set forth herein and supersedes any prior oral or written expressions of the terms of the parties' agreement. There are no side agreements or understandings or promises or representations relied upon by any party other than as expressly set out herein. 18. MANNER OF EXECUTION. This Agreement may be executed in multiple counterparts, including by facsimile, which together shall be considered an original document. 19. MISCELLANEOUS. This Agreement is performable in Williamson County, Texas. In the event of any controversy related directly or indirectly to this Agreement, the prevailing party shall be entitled to recover reasonable attorneys' fees in addition to any other relief allowed at law or in equity. EXECUTED this day of , 1997. CITY OF • OUND ROCK, TEXAS B SETTLEMENT AGREEMENT AND RELEASE PAGE 8 �( C T� Charles C per, Mayor BRUSHY CREEK MUNICIPAL UTILITY DISTRICT By: J HIGHLAND MANAGEMENT, INC. By: David Bodenman, Vice - President By: SETTLEMENT AGREEMENT AND RELEASE PAGE 9 rif >th, President HY -LAND JOINT VENTURE By: Brushy Creek Development Corporation By: By: HRI Development Corporation By: David Bodenman, Vice - President David Bodenman, Vice - President HY -LAND NORTH JOINT VENTURE By: Brushy Creek Development Corporation David Bodenman, Vice - President By: HRI Development Corporation By: By: SETTLEMENT AGREEMENT AND RELEASE PAGE 10 David Bodenman, Vice - President President CAT HOLLOW ASSOCIATES LIMITED PARTNERSHIP By: E.W. Development Co., its general partner 4 44.447A• EWedler, ., EXHIBIT "A ", PAGE 1 OF 5 NO. 91- 257 -C26 HIGHLAND MANAGEMENT, INC. § IN THE DISTRICT COURT OF ET AL., § § VS. § WILLIAMSON COUNTY, TEXAS § THE CITY OF ROUND ROCK, TEXAS, § ET AL., § § 26TH JUDICIAL DISTRICT AGREED MOTION FOR PAYMENT FROM THE REGISTRY OF THE COURT TO THE HONORABLE JUDGE OF SAID COURT: Now come HIGHLAND MANAGEMENT, INC., HY -LAND JOINT VENTURE, HY -LAND NORTH JOINT VENTURE, E.C. JOINT VENTURE, FIRST HOTEL INVESTMENTS CORPORATION, WESTINGHOUSE CREDIT CORPORATION, THE CITY OF ROUND ROCK, AND BRUSHY CREEK MUNICIPAL UTILITY DISTRICT and file this their agreed motion for payment of funds from the registry of the court. As grounds, the parties would respectfully show: I. On October 30, 1992, the City of Round Rock deposited $113,852.00 into the registry of the Court in this cause. The parties have agreed that the $113,852.00, together with all interest that has accrued thereon, should be paid to the Brushy Creek Municipal Utility District. AGREED MOTION FOR PAYMENT Page 1 of 3 EXHIBIT "A ", PAGE 2 OF 5 WHEREFORE, PREMISES CONSIDERED, the parties pray that the Court order that the $113,852.00, paid by Round Rock into the . registry of the Court on October 30, 1992, together with all interest that has accrued thereon, be paid over to the Brushy Creek Municipal Utility District. Respectfully submitted, GRAVES DOUGHERTY HEARON & MOODY A Professional Corporation 2300 NationsBank Tower 515 Congress Avenue P. O. Box 98 Austin, Texas 78767 . 512/480 -5600 FAX: 512/478 -1976 By AGREED MOTION FOR PAYMENT Page 2 of 3 John J. McKetta, III State Bar No. 13711500 ATTORNEYS FOR HIGHLAND MANAGEMENT, INC., HY -LAND JOINT VENTURE, HY -LAND NORTH JOINT VENTURE, E.C. JOINT VENTURE, FIRST HOTEL INVESTMENTS CORPORATION AND WESTINGHOUSE CREDIT CORPORATION EXHIBIT "A ", PAGE 3 OF 5 BROWN McCARROLL SHEETS & CROSSFIELD, L.L.P. 309 E. Main Street Round Rock, Texas 78664 512/255 -8877 FAX: 512/255 -8986 By Stephan L. Sheets State Bar No. 18180800 ATTORNEYS FOR THE CITY OF ROUND ROCK DIETZ & ASSOCIATES, P.C. 106 Fannin Avenue East Round Rock, Texas 78664 512/244 -9314 FAX: 512/244 -3766 By R. Mark Dietz State Bar No. 10570200 OSfSS7•-oo ATTORNEYS FOR BRUSHY CREEK MUNICIPAL UTILITY DISTRICT AGREED MOTION FOR PAYMENT Page 3 of 3 EXHIBIT "A ", PAGE 4 OF 5 NO. 91 HIGHLAND MANAGEMENT, INC. § IN THE DISTRICT COURT OF ET AL., § VS. § WILLIAMSON COUNTY, TEXAS § THE CITY OF ROUND ROCK, TEXAS, § ET AL., § § 26TH JUDICIAL DISTRICT AGREED ORDER FOR PAYMENT FROM THE REGISTRY OF THE COURT On the agreed motion of HIGHLAND MANAGEMENT, INC., HY- LAND JOINT VENTURE, HY -LAND NORTH JOINT VENTURE, E.C. JOINT VENTURE, FIRST HOTEL INVESTMENTS CORPORATION, WESTINGHOUSE CREDIT CORPORATION, THE CITY OF ROUND ROCK, AND BRUSHY CREEK MUNICIPAL UTILITY DISTRICT to pay out funds deposited in the registry of the court by the City of Round Rock in the above- styled and numbered cause, and it appearing to the Court that there is good cause therefor, it is ORDERED that the $113,852.00 in funds deposited in the registry of the court by the City of Round Rock in the above - styled and numbered cause on October 30, 1992, together with all interest thereon, shall be paid over to the Brushy Creek Municipal Utility District. SIGNED this day of , 1997. JUDGE PRESIDING AGREED ORDER FOR PAYMENT Page 1 of 2 AGREED: GRAVES DOUGHERTY HEARON & MOODY A Professional Corporation 2300 NationsBank Tower 515 Congress Avenue P. O. Box 98 Austin, Texas 78767 512/480 -5600 FAX: 512/478 -1976 By By John J. McKetta, III State Bar No. 13711500 ATTORNEYS FOR HIGHLAND MANAGEMENT, INC., HY -LAND JOINT VENTURE, HY -LAND NORTH JOINT VENTURE, E.C. JOINT VENTURE, FIRST HOTEL INVESTMENTS CORPORATION AND WESTINGHOUSE CREDIT CORPORATION BROWN McCARROLL SHEETS & CROSSFIELD L.L.P. 309 E. Main Street Round Rock, Texas 78664 512/255 -8877 FAX: 512/255 -8986 By Stephan L. Sheets State Bar No. 18180800 ATTORNEYS FOR THE CITY OF ROUND ROCK DIETZ & ASSOCIATES, P.C. 106 Fannin Avenue East Round Rock, Texas 78664 512/244 -9314 FAX: 512/244 -3766 R. Mark Dietz State Bar No. 10570200 05 ATTORNEYS FOR BRUSHY CREEK MUNICIPAL UTILITY DISTRICT EXHIBIT "A ", PAGE 5 OF 5 AGREED ORDER FOR PAYMENT Page 2 of 2 EXHIBIT "B" LOT DESCRIPTION PAYMENT DATE Cat Hollow Sec. 7, Block C, Lot 3 Cat Hollow Sec. 9, Block J, Lot 9 Cat Hollow Sec. 7, Block C, Lot 9 Cat Hollow Sec. 9, Block J, Lot 8 Cat Hollow Sec. 5, Block D, Lot 1 Cat Hollow Sec. 7, Block C, Lot 12 Cat Hollow Sec. 5, Block D, Lot 2 Cat Hollow Sec. 5, Block D, Lot 3 Meadows Phase II, Block F, Lot 19 Cat Hollow Sec. 5, Block B, Lot 2 Cat Hollow Sec. 5, Block B, Lot 1 Meadows Phase II, Block F, Lot 21 Cat Hollow Sec. 5, Block A, Lot 4 Cat Hollow Sec. 7, Block C, Lot 13 Meadows Phase II, Block F, Lot 16 Meadows Phase II, Block F, Lot 17 Meadows Phase II, Block D, Lot 6 Meadows Phase II, Block F, Lot 20 Cat Hollow Sec. 7, Block C, Lot 11 Cat Hollow Sec. 7, Block E, Lot 3 Cat Hollow Sec. 7, Block A, Lot 16 Cat Hollow Sec. 7, Block A, Lot 11 Meadows Phase II, Block E, Lot 14 Cat Hollow Sec. 7, Block E, Lot 10 Meadows Phase II, Block F, Lot 18 Cat Hollow Sec. 7, Block A, Lot 31 Meadows Phase II, Block F, Lot 25 Meadows Phase II, Block D, Lot 5 Cat Hollow Sec. 7, Block E, Lot 2 Cat Hollow Sec. 7, Block A, Lot 14 Meadows Phase II, Block D, Lot 7 Cat Hollow Sec. 7, Block E, Lot 1 Cat Hollow Sec. 7, Block H, Lot 4 Cat Hollow Sec. 7, Block C, Lot 10 Meadows Phase II, Block B, Lot 26 Cat Hollow Sec. 9, Block G, Lot 21 Meadows Phase II, Block W, Lot 3 Meadows Phase II, Block W, Lot 1 Cat Hollow Sec. 7, Block A, Lot 5 Meadows Phase II, Block E, Lot 11 Meadows Phase II, Block D, Lot 3 Cat Hollow Sec. 7, Block F, Lot 8 Cat Hollow Sec. 7, Block H, Lot 1 Cat Hollow Sec. 7, Block A, Lot 12 Cat Hollow Sec. 7, Block A, Lot 10 Meadows Phase II, Block D, Lot 2 09/01/89 09/01/89 09/01/89 09/01/89 01/09/90 01/09/90 01/09/90 01/09/90 01/09/90 01/09/90 01/09/90 01/09/90 01/09/90 01/09/90 03/23/90 03/29/90 03/29/90 03/29/90 03/29/90 03/29/90 04/25/90 04/25/90 04/25/90 04/25/90 05/11/90 05/16/90 05/21/90 05/23/90 05/23/90 05/23/90 05/23/90 05/23/90 06/01/90 06/01/90 06/01/90 06/07/90 06/11/90 06/17/90 06/28/90 07/09/90 08/02/90 08/02/90 08/02/90 08/02/90 08/02/90 08/02/90 Meadows Phase II, Block D, Lot 4 Meadows Phase II, Block B, Lot 37 Meadows Phase II, Block E, Lot 5 Meadows Phase II, Block B, Lot 19 Cat Hollow Sec. 9, Block J, Lot 6 Meadows Phase II, Block B, Lot 19 Meadows Phase II, Block F, Lot 13 Meadows Phase II, Block E, Lot 4 Cat Hollow Sec. 7, Block A, Lot 21 Cat Hollow Sec. 9, Block F, Lot 6 Meadows Phase II, Block A, Lot 13 Cat Hollow Sec. 7, Block A, Lot 8 Cat Hollow Sec. 9, Block F, Lot 6 Meadows Phase II, Block F, Lot 10 Meadows Phase II, Block E, Lot 2 Cat Hollow Sec. 9, Block F, Lot 12 Meadows Phase II, Block E, Lot 1 Cat Hollow Sec. 9, Block H, Lot 8 Cat Hollow Sec. 5, Block C, Lot 6 Cat Hollow Sec. 5, Block C, Lot 5 Cat Hollow Sec. 7, Block F, Lot 7 Cat Hollow Sec. 7, Block F, Lot 1 Cat Hollow Sec. 7, Block H, Lot 2 Cat Hollow Sec. 9, Block G, Lot 10 Meadows Phase II, Block E, Lot 10 Meadows Phase II, Block E, Lot 21 Meadows Phase II, Block E, Lot 43 Cat Hollow Sec. 9, Block F, Lot 10 Meadows Phase II, Block D, Lot 24 Cat Hollow Sec. 9, Block A, Lot 20 Meadows Phase II, Block E, Lot 22 Cat Hollow Sec. 7, Block A, Lot 4 Meadows Phase II, Block E, Lot 7 Cat Hollow Sec. 7, Block A, Lot 19 Meadows Phase II, Block E, Lot 8 Cat Hollow Sec. 9, Block F, Lot 5 Cat Hollow Sec. 9, Block F, Lot 11 Cat Hollow Sec. 9, Block F, Lot 9 Meadows Phase II, Block E, Lot 6 Cat Hollow Sec. 9, Block J, Lot 2 Meadows Phase II, Block D, Lot 17 Meadows Phase II, Block F, Lot 12 Cat Hollow Sec. 7, Block H, Lot 9 Cat Hollow Sec. 5, Block A, Lot 3 Cat Hollow Sec. 7, Block F, Lot 2 Cat Hollow Sec. 9, Block G, Lot 20 Cat Hollow Sec. 9, Block G, Lot 19 Cat Hollow Sec. 7, Block A, Lot 2 Meadows Phase II, Block B, Lot 38 08/09/90 08/22/90 08/29/90 08/29/90 08/29/90 08/29/90 08/31/90 09/07/90 09/07/90 09/13/90 09/20/90 09/20/90 09/13/90 09/20/90 10/08/90 10/08/90 10/08/90 10/09/90 10/09/90 10/09/90 10/10/90 10 /10/90 10/18/90 10/25/90 10/31/90 11/07/90 11/09/90 11/15/90 11/15/90 12/17/90 01/04/91 01/10/91 01/10/91 01/10/91 01/17/91 01/17/91 01/17/91 01/17/91 01/24/91 02/11/91 01/19/91 01/19/91 02/19/91 02/25/91 02/27/91 03/06/91 03/14/91 03/14/91 03/19/91 Cat Hollow Sec. 7, Meadows Phase II, Cat Hollow Sec. 9, Cat Hollow Sec. 7, Meadows Phase II, Meadows Phase II, Meadows Phase II, Meadows Phase II, Meadows Phase II, Meadows Phase II, Meadows Phase II, Meadows Phase II, Meadows Phase II, Meadows Phase II, Meadows Phase II, Meadows Phase II, Meadows Phase II, Meadows Phase II, Meadows Phase II, Meadows Phase II, Meadows Phase II, Cat Hollow Sec. 9 Meadows Phase II, Cat Hollow Sec. 9 Cat Hollow Sec. 7 Meadows Phase II, Meadows Phase II, Cat Hollow Sec. 7 Meadows Phase II, Meadows Phase II, Meadows Phase II, Meadows Phase II, Meadows Phase II, Meadows Phase II, Meadows Phase II, Meadows Phase II, Meadows Phase II, Cat Hollow Sec. 9 Cat Hollow Sec. 9 Meadows Phase II, Meadows Phase II, Meadows Phase II, Meadows Phase II, Meadows Phase II, Meadows Phase II, Meadows Phase II, Meadows Phase II, Meadows Phase II, Meadows Phase II, Block A, Lot 29 Block E, Lot 17 Block F, Lot 8 Block H, Lot 3 Block J, Lot 3 Block J, Lot 25 Block H, Lot 9 Block J, Lot 24 Block J, Lot 27 Block J, Lot 20 Block J, Lot 21 Block J, Lot 26 Block J, Lot 28 Block J, Lot 7 Block P, Lot 2 Block P, Lot 17 Block J, Lot 37 Block J, Lot 34 Block J, Lot 36 Block P, Lot 7 Block J, Lot 35 , Block G, Lot 4 Block B, Lot 39 , Block G, Lot 17 , Block G, Lot 18 Block V, Lot 1 Block E, Lot 25 , Block A, Lot 18 Block C, Lot 24 Block F, Lot 6 Block C, Lot 16 Block C, Lot 25 Block C, Lot 18 Block B, Lot 40 Block E, Lot 20 Block B, Lot 25 Block E, Lot 41 , Block G, Lot 14 , Block J, Lot 7 Block F, Lot 23 Block F, Lot 5 Block C, Lot 20 Block E, Lot 24 Block D, Lot 21 Block E, Lot 13 Block E, Lot 9 Block B, Lot 35 Block B, Lot 34 Block B, Lot 3 3 03/26/91 04/17/91 04/17/91 04/22/91 04/30/91 06/17/91 07/01/91 07/18/91 07/18/91 08/28/91 08/28/91 08/30/91 10/10/91 11/05/91 11/05/91 11/08/91 11/14/91 11/19/91 12/05/91 12/12/91 12/19/91 05/13/91 05/14/91 05/15/91 05/15/91 05/23/91 05/23/91 05/28/91 05/28/91 06/12/91 06/17/91 06/17/91 06/21/91 06/21/91 06/24/91 06/24/91 06/24/91 07/19/91 07/19/91 07/30/91 08/06/91 08/06/91 08/06/91 08/30/91 09/06/91 09/06/91 09/11/91 09/11/91 09/16/91 Meadows Phase II, Block F, Lot 9 09/16/91 Meadows Phase II, Block F, Lot 27 09/16/91 Meadows Phase II, Block E, Lot 28 09/16/91 Meadows Phase II, Block E, Lot 37 09/16/91 Meadows Phase II, Block C, Lot 26 09/20/91 Cat Hollow Sec. 9, Block G, Lot 12 09/30/91 Meadows Phase II, Block F, Lot 3 10/08/91 Meadows Phase II, Block B, Lot 29 10/08/91 Meadows Phase II, Block C, Lot 27 10/08/91 Meadows Phase II, Block E, Lot 45 11/12/91 Meadows Phase II, Block E, Lot 52 11/12/91 Meadows Phase II, Block E, Lot 35 11/14/91 Meadows Phase II, Block D, Lot 23 11/14/91 Meadows Phase II, Block E, Lot 35 11/14/91 Meadows Phase II, Block D, Lot 23 11/14/91 Meadows Phase II, Block E, Lot 3 11/14/91 Meadows Phase II, Block E, Lot 3 11/14/91 Meadows Phase II, Block E, Lot 23 11/27/91 Meadows Phase II, Block F, Lot 2 11/27/91 Cat Hollow Sec. 7, Block A, Lot 5 12/05/91 Cat Hollow Sec. 9, Block G, Lot 16 12/12/91 Cat Hollow Sec. 7, Block H, Lot 12 12/18/91 Meadows Phase II, Block P, Lot 8 01/22/92 Meadows Phase II, Block J, Lot 5 02/04/92 Meadows Phase II, Block H, Lot 8 02/06/92 Meadows Phase II, Block J, Lot 33 02/12/92 Meadows Phase Ii, Block P, Lot 11 02/27/92 Meadows Phase II, Block P, Lot 9 03/10/92 Meadows Phase II, Block 0, Lot 2 03/10/92 Meadows Phase II, Block 0, Lot 4 04/01/92 Meadows Phase II, Block J, Lot 29 04/01/92 Meadows Phase II, Block J, Lot 31 04/09/92 Meadows Phase II, Block J, Lot 39 04/09/92 Meadows Phase II, Block J, Lot 10 04/10/92 Meadows Phase II, Block J, Lot 22 04/16/92 Meadows Phase II, Block J, Lot 6 04/30/92 Meadows Phase II, Block P, Lot 13 05/11/92 Meadows Phase II, Block J, Lot 38 05/14/92 Meadows Phase II, Block H, Lot 5 05/15/92 Meadows Phase II, Block J, Lot 15 05/20/92 Meadows Phase II, Block P, Lot 5 05/26/92 Meadows Phase II, Block H, Lot 10 06/05/92 Meadows Phase II, Block H, Lot 12 06/11/92 Meadows Phase II, Block H, Lot 7 06/11/92 Meadows Phase II, Block P, Lot 3 06/12/92 Meadows Phase II, Block 0, Lot 3 06/16/92 Meadows Phase II, Block J, Lot 19 06/17/92 Meadows Phase II, Block H, Lot 13 06/17/92 Meadows Phase II, Block J, Lot 17 06/23/92 Meadows Phase II, Block P, Lot 15 06/29/92 Meadows Phase II, Block J, Lot 23 07/13/92 Meadows Phase II, Block H, Lot 26 07/13/92 Meadows Phase II, Block K, Lot 13 08/11/92 Meadows Phase II, Block P, Lot 4 08/18/92 Meadows Phase II, Block J, Lot 30 08/25/92 Meadows Phase Ii, Block P, Lot 16 09/01/92 Meadows Phase II, Block P, Lot 20 09/01/92 Meadows Phase II, Block P, Lot 10 09/01/92 Meadows Phase II, Block P, Lot 19 09/01/92 Meadows Phase II, Block J, Lot 15 09/10/92 Meadows Phase II, Block J, Lot 18 09/10/92 Meadows Phase II, Block H, Lot 24 09/10/92 Meadows Phase II, Block H, Lot 32 09/10/92 Meadows Phase II, Block H, Lot 36 09/10/92 Meadows Phase II, Block H, Lot 37 09/10/92 Meadows Phase II, Block P, Lot 1 09/11/92 Meadows Phase II, Block J, Lot 12 09/16/92 Meadows Phase II, Block P, Lot 9 09/17/92 Meadows Phase II, Block J, Lot 8 09/17/92 Meadows Phase II, Block C, Lot 23 01/02/92 Meadows Phase II, Block E, Lot 42 01/07/92 Meadows Phase II, Block F, Lot 22 01/15/92 Meadows Phase II, Block E, Lot 44 01/20/92 Cat Hollow Sec. 7, Block A, Lot 5 01/21/92 Cat Hollow Sec. 9, Block G, Lot 16 01/21/92 Cat Hollow Sec. 7, Block H, Lot 12 02/04/92 Cat Hollow Sec. 7, Block H, Lot 12 02/06/92 Meadows Phase II, Block E, Lot 36 02/06/92 Cat Hollow Sec. 7, Block A, Lot 9 02/06/92 Cat Hollow Sec. 7, Block A, Lot 6 02/06/92 Cat Hollow Sec. 7, Block A, Lot 3 02/17/92 Meadows Phase II, Block C, Lot 21 02/20/92 Meadows Phase II, Block B, Lot 24 02/20/92 Meadows Phase II, Block E, Lot 49 02/20/92 Cat Hollow Sec. 9, Block J, Lot 1 02/27/92 Cat Hollow Sec. 5, Block D, Lot 3 03/04/92 Cat Hollow Sec. 5, Block D, Lot 4 03/04/92 Meadows Phase II, Block A, Lot 3 03/10/92 Cat Hollow Sec. 9, Block G, Lot 11 03/13/92 Cat Hollow Sec. 9, Block G, Lot 5 03/13/92 Cat Hollow Sec. 5, Block C, Lot 4 03/13/92 Cat Hollow Sec. 5, Block J, Lot 3 03/13/92 Meadows Phase II, Block F, Lot 11 03/20/92 Meadows Phase II, Block E, Lot 47 03/23/92 Meadows Phase ii, Block E, Lot 51 03/23/92 Meadows Phase II, Block C, Lot 22 03/23/92 Meadows Phase II, Block A, Lot 5 03/30/92 Meadows Phase II, Block V, Lot 2 04/03/92 Cat Hollow Sec. 9, Block E, Lot 2 Cat Hollow Sec. 7, Block B, Lot 6 Cat Hollow Sec. 9, Block F, Lot 4 Meadows Phase II, Block D, Lot 22 Cat Hollow Sec. 9, Block F, Lot 2 Meadows Phase II, Block B, Lot 11 Meadows Phase II, Block E, Lot 47 Meadows Phase II, Block C, Lot 51 Meadows Phase II, Block C, Lot 22 Meadows Phase II, Block B, Lot 5 Cat Hollow Sec. 9, Block E, Lot 1 Cat Hollow Sec. 9, Block G, Lot 7 Cat Hollow Sec. 7, Block H, Lot 6 Cat Hollow Sec. 7, Block A, Lot 27 Cat Hollow Sec. 9, Block D, Lot 3 Meadows Phase II, Block D, Lot 1 Cat Hollow Sec. 7, Block F, Lot 4 Cat Hollow Sec. 7, Block C, Lot 7 Cat Hollow Sec. 9, Block H, Lot 5 Cat Hollow Sec. 9, Block H, Lot 6 Meadows Phase II, Block F, Lot 4 Cat Hollow Sec. 7, Block A, Lot 30 Meadows Phase II, Block D, Lot 8 Meadows Phase II, Block A, Lot 16 Cat Hollow Sec. 7, Block C, Lot 6 Cat Hollow Sec. 7, Block B, Lot 5 Cat Hollow Sec. 7, Block A, Lot 22 Meadows Phase II, Block E, Lot 26 Meadows Phase II, Block E, Lot 34 Cat Hollow Sec. 7, Block A, Lot 32 Cat Hollow Sec. 9, Block G, Lot 2 Meadows Phase II, Block E, Lot 39 Cat Hollow Sec. 9, Block G, Lot 9 Meadows Phase II, Block A, Lot 13 Meadows Phase II, Block B, Lot 11 Meadows Phase II, Block B, Lot 6 Meadows Phase II, Block B, Lot 7 Meadows Phase II, Block C, Lot 19 Cat Hollow Sec. 9, Block F, Lot 3 Cat Hollow Sec. 9, Block G, Lot 3 Cat Hollow Sec. 9, Block G, Lot 6 Meadows Phase II, Block F, Lot 19 Cat Hollow Sec. 7, Block J, Lot 3 Cat Hollow Sec. 9, Block G, Lot 3 Meadows Phase II, Block B, Lot 33 Cat Hollow Sec. 9, Block H, Lot 2 Cat Hollow Sec. 9, Block C, Lot 2 Meadows Phase II, Block B, Lot 8 Meadows Phase II, Block B, Lot 9 6 04/03/92 04/04/92 04/08/92 04/09/92 04/22/92 04/23/92 04/23/92 04/24/92 04/24/92 04/30/92 05/08/92 05/15/92 05/20/92 05/22/92 05/22/92 05/26/92 05/26/92 05/26/92 06/02/92 06/02/92 06/05/92 06/15/92 06/15/92 06/19/92 06/22/92 06/22/92 06/30/92 06/30/92 06/30/92 07/13/92 07/13/92 07/15/92 07/24/92 07/24/92 07/24/92 07/27/92 07/27/92 07/27/92 07/27/92 07/29/92 08/10/92 08/18/92 08/20/92 08/20/92 .08/24/92 08/24/92 08/24/92 08/27/92 08/27/92 Meadows Phase II, Block A, Lot 12 Cat Hollow Sec. 7, Block C, Lot 8 08/28/92 08/31/92 EXHIBIT "C ", PAGE 1 OF 7 NO. 91- 257 -C26 HIGHLAND MANAGEMENT, INC. § IN THE DISTRICT COURT OF ET AL., § VS. § WILLIAMSON COUNTY, TEXAS' THE CITY OF ROUND ROCK, TEXAS, § ET AL., § § 26TH JUDICIAL DISTRICT AGREED MOTION TO DISMISS TO THE HONORABLE JUDGE OF SAID COURT: Now come HIGHLAND MANAGEMENT, INC., HY -LAND JOINT VENTURE, HY -LAND NORTH JOINT VENTURE, E.C. JOINT VENTURE, FIRST HOTEL INVESTMENTS CORPORATION, WESTINGHOUSE CREDIT CORPORATION, THE CITY OF ROUND ROCK, AND BRUSHY CREEK MUNICIPAL UTILITY DISTRICT and file this their agreed motion to dismiss with prejudice all claims of the City of Round Rock against Highland Management, Inc., Hy -Land Joint Venture, Hy -Land North Joint Venture, E.C. Joint Venture, First Hotel Investments Corporation, Westinghouse Credit Corporation, and the Brushy Creek Municipal Utility District and all claims of Highland Management, Inc., Hy- Land Joint Venture, Hy -Land North Joint Venture, E.C. Joint Venture, First Hotel Investments Corporation, Westinghouse Credit Corporation, and the Brushy Creek Municipal Utility District against the City of Round Rock in the above - styled and numbered cause. As grounds, the parties would respectfully show: AGREED MOTION TO DISMISS Page 1 of 4 EXHIBIT "C ", PAGE 2 OF 7 I. The parties have amicably compromised, settled and resolved the disputes among them. WHEREFORE, PREMISES CONSIDERED, the parties pray that the Court dismiss with prejudice to the refiling of same all claims of the City of Round Rock against Highland Management, Inc., Hy- Land Joint Venture, Hy -Land North Joint Venture, E.C. Joint Venture, First Hotel Investments Corporation, Westinghouse Credit Corporation, and the Brushy Creek Municipal Utility District and all claims of Highland Management, Inc., Hy -Land Joint Venture, Hy -Land North Joint Venture, E.C. Joint Venture, First Hotel Investments Corporation, Westinghouse Credit Corporation, and the Brushy Creek Municipal Utility District against the City of Round, Rock in the above - styled and numbered cause, each party to bear its own costs of Court. AGREED MOTION TO DISMISS Page 2 of 4 EXHIBIT "C ", PAGE 3 OF 7 Respectfully submitted, GRAVES DOUGHERTY HEARON & MOODY A Professional Corporation 2300 NationsBank Tower 515 Congress Avenue P. 0. Box 98 Austin, Texas 78767 512/480 -5600 FAX: 512/478 -1976 By John J. McKetta, III State Bar No. 13711500 ATTORNEYS FOR HIGHLAND MANAGEMENT, INC., HY -LAND JOINT VENTURE, HY -LAND NORTH JOINT VENTURE, E.C. JOINT VENTURE, FIRST HOTEL INVESTMENTS CORPORATION AND WESTINGHOUSE CREDIT CORPORATION BROWN McCARROLL SHEETS & CROSSFIELD, L.L.P. 309 E. Main Street Round Rock, Texas 78664 512/255 -8877 FAX: 512/255 -8986 By ATTORNEYS FOR THE CITY OF ROUND ROCK AGREED MOTION TO DISMISS Page 3 of 4 Stephan L. Sheets State Bar No. 18180800 EXHIBIT "C ", PAGE 4 OF 7 DIETZ & ASSOCIATES, P.C. 106 Fannin Avenue East Round Rock, Texas 78664 512/244 -9314 FAX: 512/244 -3766 By ATTORNEYS FOR BRUSHY CREEK MUNICIPAL UTILITY DISTRICT AGREED MOTION TO DISMISS Page 4 of 4 R. Mark Dietz State Bar No. -1-96-7-8-2.0-0-06-W-7.2-00 EXHIBIT "C ", PAGE 5 OF 7 NO. 91- 257 -C26 HIGHLAND MANAGEMENT, INC. § IN THE DISTRICT COURT OF ET AL., § § VS. § WILLIAMSON COUNTY, TEXAS § THE CITY OF ROUND ROCK, TEXAS, § ET AL., § § 26TH JUDICIAL DISTRICT AGREED ORDER OF DISMISSAL On the agreed motion of HIGHLAND MANAGEMENT, INC., HY- LAND JOINT VENTURE, HY -LAND NORTH JOINT VENTURE, E.C. JOINT VENTURE, FIRST HOTEL INVESTMENTS CORPORATION, WESTINGHOUSE CREDIT CORPORATION, THE CITY OF ROUND ROCK, AND BRUSHY CREEK MUNICIPAL UTILITY DISTRICT to dismiss with prejudice all claims of the City of Round Rock against Highland Management, Inc, Hy -Land Joint Venture, First Hotel Investments Corporation, Westinghouse Credit Corporation, and Brushy Creek Municipal Utility District and all claims of Highland Management, Inc, Hy -Land Joint Venture, First Hotel Investments Corporation, Westinghouse Credit Corporation, and Brushy Creek Municipal Utility District against the City of Round Rock in the above- styled and numbered cause, and it appearing to the Court that there is good cause therefor, it is ORDERED that the above - styled and numbered cause, including all claims of the City of Round Rock against Highland Management, Inc, Hy -Land Joint Venture, First Hotel Investments Corporation, Westinghouse Credit Corporation, and Brushy Creek Municipal Utility District and all claims of Highland Management, AGREED ORDER OF DISMISSAL Page 1 of 3 EXHIBIT "C ", PAGE 6 OF 7 Inc, Hy - Land Joint Venture, First Hotel Investments Corporation, Westinghouse Credit Corporation, and Brushy Creek Municipal Utility District against the City of Round Rock therein, be and are hereby, DISMISSED WITH PREJUDICE, each party to bear its own costs of Court. SIGNED this day of , 1997. JUDGE PRESIDING AGREED ORDER OF DISMISSAL Page 2 of 3 AGREED: GRAVES DOUGHERTY HEARON & MOODY A Professional Corporation 2300 NationsBank Tower 515 Congress Avenue P. 0. Box 98 Austin, Texas 78767 512/480 -5600 FAX: 512/478 -1976 By John J. McKetta, III State Bar No. 13711500 By Stephan L. Sheets State Bar No. 18180800 DIETZ & ASSOCIATES, P.C. 106 Fannin Avenue East Round Rock, Texas 78664 512/244 -9314 FAX: 512/244 -3766 ATTORNEYS FOR BRUSHY CREEK MUNICIPAL UTILITY DISTRICT EXHIBIT "C ", PAGE 7 OF 7 ATTORNEYS FOR HIGHLAND MANAGEMENT, INC., HY -LAND JOINT VENTURE, HY -LAND NORTH JOINT VENTURE, E.C. JOINT VENTURE, FIRST HOTEL INVESTMENTS CORPORATION AND WESTINGHOUSE CREDIT CORPORATION BROWN McCARROLL SHEETS & CROSSFIELD, L.L.P. 309 E. Main Street Round Rock, Texas 78664 512/255 -8877 FAX: 512/255 -8986 ATTORNEYS FOR THE CITY OF ROUND ROCK By R. Mark Dietz State Bar No. 10570300 O.S85lz0° AGREED ORDER OF DISMISSAL Page 3 of 3 EXHIBIT "D ", PAGE 1 OF 4 NO. 91- 257 -C26 HIGHLAND MANAGEMENT, INC. § ET AL., § § IN THE DISTRICT COURT OF VS. § WILLIAMSON COUNTY, TEXAS § THE CITY OF ROUND ROCK, TEXAS, § ET AL., § § 26TH JUDICIAL DISTRICT AGREED MOTION TO DISMISS TO THE HONORABLE JUDGE OF SAID COURT: Now come HIGHLAND MANAGEMENT, INC., HY -LAND JOINT VENTURE, HY -LAND NORTH JOINT VENTURE, E.C. JOINT VENTURE, FIRST HOTEL INVESTMENTS CORPORATION, WESTINGHOUSE CREDIT CORPORATION, AND BRUSHY CREEK MUNICIPAL UTILITY DISTRICT and file this their agreed motion to dismiss with prejudice all claims in the above - styled and numbered cause. As grounds, the parties would respectfully show: I. The parties have amicably compromised, settled and resolved the disputes among them. WHEREFORE, PREMISES CONSIDERED, the parties pray that the Court dismiss with prejudice to the refiling of same all claims in the above- styled and numbered cause, each party to bear its own costs of Court. AGREED MOTION TO DISMISS Page 1 of 2 EXHIBIT "D ", PAGE 2 OF 4 Respectfully submitted, GRAVES DOUGHERTY HEARON & MOODY A Professional Corporation 2300 NationsBank Tower 515 Congress Avenue P. 0. Box 98 Austin, Texas 78767 512/480 -5600 FAX: 512/478 -1976 By John J. McKetta, III State Bar No. 13711500 ATTORNEYS FOR HIGHLAND MANAGEMENT, INC., HY -LAND JOINT VENTURE, HY -LAND NORTH JOINT VENTURE, E.C. JOINT VENTURE, FIRST HOTEL INVESTMENTS CORPORATION AND WESTINGHOUSE CREDIT CORPORATION DIETZ & ASSOCIATES, P.C. 106 Fannin Avenue East Round Rock, Texas 78664 512/244 -9314 FAX: 512/244 -3766 By R. Mark Dietz State Bar No. 10578383 ATTORNEYS FOR BRUSHY CREEK MUNICIPAL UTILITY DISTRICT AGREED MOTION TO DISMISS Page 2 of 2 EXHIBIT "D ", PAGE 3 OF 4 NO. 91- 257 -C26 HIGHLAND MANAGEMENT, INC. § IN THE DISTRICT COURT OF ET AL., § VS. § WILLIAMSON COUNTY, TEXAS THE CITY OF ROUND ROCK, TEXAS, § ET AL., § § 26TH JUDICIAL DISTRICT AGREED ORDER OF DISMISSAL On the agreed motion of HIGHLAND MANAGEMENT, INC., HY- LAND JOINT VENTURE, HY -LAND NORTH JOINT VENTURE, E.C. JOINT VENTURE, FIRST HOTEL INVESTMENTS CORPORATION, WESTINGHOUSE CREDIT CORPORATION, AND BRUSHY CREEK MUNICIPAL UTILITY DISTRICT to dismiss with prejudice all claims in the above- styled and numbered cause, and it appearing to the Court that there is good cause therefor, it is ORDERED that the above - styled and numbered cause, including all claims therein, be and are hereby, DISMISSED WITH PREJUDICE, each party to bear its own costs of Court. SIGNED this day of , 1997. JUDGE PRESIDING AGREED ORDER OF DISMISSAL Page 1 of 2 AGREED: GRAVES DOUGHERTY HEARON & MOODY A Professional Corporation 2300 NationsBank Tower 515 Congress Avenue P. O. Box 98 Austin, Texas 78767 512/480 -5600 FAX: 512/478 -1976 By John J. McKetta, III State Bar No. 13711500 ATTORNEYS FOR HIGHLAND MANAGEMENT, INC., HY -LAND JOINT VENTURE, HY -LAND NORTH JOINT VENTURE, E.C. JOINT VENTURE, FIRST HOTEL INVESTMENTS CORPORATION AND WESTINGHOUSE CREDIT CORPORATION DIETZ & ASSOCIATES, P.C. 106 Fannin Avenue East Round Rock, Texas 78664 512/244 -9314 FAX: 512/244 -3766 By EXHIBIT "D ", PAGE 4 OF 4 R. Mark Dietz State Bar No. 10570200 O5 ATTORNEYS FOR BRUSHY CREEK MUNICIPAL UTILITY DISTRICT AGREED ORDER OF DISMISSAL Page 2 of 2 RESOLUTION NO. R- 97- 05- 08 -16D WHEREAS, Highland Management, Inc. et al filed a lawsuit against the City of Round Rock and the Brushy Creek Municipal Utility District seeking the refund of certain water impact fees, and WHEREAS, the aforesaid parties have determined that they wish to avoid the expense and uncertainty of continued and further litigation by resolving and settling amongst themselves all issues, claims, and complaints asserted against each other, 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 a Settlement Agreement and Release, a copy of said agreement being attached hereto as an Exhibit. RESOLVED this 8th day of May, 1997. ATTEST: LAND, City Secretary &:\ wPDOCS \RRSOLVII \RSOOSOSE.WPO /B1B CHARLES CULPEPPER, Mayor City of Round Rock, Texas rW NO. 91- 257 -C26 411g1 HIGHLAND MANAGEMENT, INC., § IN THE DIS ET AL. § § VS. § OF WILLIAMSON COUNTY, TEXAS THE CITY OF ROUND ROCK, TEXAS, § ET AL. § 26TH JUDICIAL DISTRICT SETTLEMENT AGREEMENT AND RELEASE This Settlement Agreement and Release ( "this Agreement ") is entered into by and among the City of Round Rock, Texas (hereinafter referred to as the "City "), the Brushy Creek Municipal Utility District (hereinafter referred to as the "District "), and Highland Management, Inc., Hy -Land Joint Venture, Hy - Land North Joint Venture, and Cat Hollow Associates Limited Partnership (hereinafter collectively referred to as "Developers ") for the purpose of settling the various claims, controversies and disputes between these parties arising out of the facts and circumstances relating directly or indirectly to the above- captioned lawsuit. RECITALS The parties have entered into this Agreement under the following circumstances and to effect the following aims and purposes: SETTLEMENT AGREEMENT AND RELEASE PAGE 1 A. The above- captioned lawsuit ( "the Lawsuit ") relates to the parties' claims for damages, declaratory relief and attorney's fees arising out of the payment of "Base Water Service Fees," "Prepayment Fees," "Reserve Commitment Charges," and "Surcharges," as those fees are defined in that certain "Agreement Between the City of Round Rock and Williamson County Municipal Utility District No. 2 for the Sale of Potable Water." B. The parties acknowledge the costs, hazards, uncertainties and pitfalls of litigation and desire to enter this Agreement in order to settle and lay to rest their controversy, to avoid further costs, litigation and risks, and to buy peace. IT IS THEREFORE AGREED: 1. CONSIDERATION. These parties acknowledge the adequacy of consideration as expressed by the recitations and mutual covenants in this Agreement. 2. GENERAL WARRANTIES. Each party warrants (a) that it has been fully informed and has full knowledge of the terms, conditions and effects of this Agreement; (b) that it, either personally or through its independently retained attorneys, has fully investigated to its satisfaction all facts surrounding the various claims, controversies and disputes and is fully satisfied with the terms and effects of this Agreement; (c) that no promise or inducement has been offered or made to it by the other except as expressly stated in this Agreement, and that this Agreement is SETTLEMENT AGREEMENT AND RELEASE PAGE 2 executed without reliance on any statement or representation by any other party or any other party's agent; and (d) that it is the sole owner of the claims or causes of action released in this Agreement and that it has not previously assigned any interest in such claims to any other person or entity. 3. SPECIAL WARRANTIES. Cat Hollow Associates Limited Partnership warrants that it is the assignee of all claims heretofore owned by E.C. Joint Venture, First Hotel Investments Corporation and Westinghouse Credit Corporation that are asserted in the Lawsuit and released herein. 4. EFFECTIVE DATE. This agreement becomes effective on May 19, 1997 (the "Effective Date "). 5. FUNDS IN REGISTRY OF COURT. The parties agree that, within five (5) days of the Effective Date, they will present to the Court an agreed motion and order, in the form attached as Exhibit "A" hereto, distributing those funds paid by the City into the registry of the Court on October 30, 1992 to the District, and that they will each exercise their best efforts to obtain the Court's immediate entry of such agreed order. 6. CITY'S PAYMENT TO DISTRICT. The City agrees to pay the District $1345 per lot for those lots connecting to the District's water system between August 31, 1989 and September 30, 1992 listed on Exhibit "B" attached hereto, plus three percent (3 %) simple interest from the payment date shown on Exhibit "B" to the Effective Date, in settlement of all claims made in the SETTLEMENT AGREEMENT AND RELEASE PAGE 3 Lawsuit by the District or the Developers. Payment shall be made on the Effective Date by check made payable to the District. 7. DISTRICT'S PAYMENT INTO THE REGISTRY OF THE COURT. The District agrees to place the funds received from the City pursuant to paragraph 6 into the registry of the Court in the Lawsuit within five (5) days of the Effective Date. The District has heretofore and hereby does disclaim any ownership interest in such funds. Further, the District shall take no position as to the claims of any person other than the District to ownership of such funds. If the Court awards the funds that the District pays into the registry of the Court under this paragraph to the Developers, then the Developers and the District agree to negotiate in good faith regarding the use of the funds awarded to the Developers to fund any capital improvements necessary to provide water service that are identified in a future capital improvements plan of the District that has been adopted and approved pursuant to the provisions of Chapter 395 of the Texas Local Government Code. S. RELEASE OF CITY. Effective upon the Effective Date, the Developers and the District release, discharge and acquit the City and its present and former officers, employees, agents, representatives, and assigns from any causes of action, claims, demands, debts, liability, expense or costs of court of any and every character and nature whatsoever, whether known or unknown, either in or arising out of the law of contracts, torts or SETTLEMENT AGREEMENT AND RELEASE PAGE 4 property rights, whether arising under statutory or common law, at law or in equity, arising out of any matter at any time up to and including the date of this Agreement, directly related to the claims or allegations or subject matter made the basis of the disputes and differences in the Lawsuit; provided, however, that Highland and the District do not release the City from its obligations under this Agreement. 9. RELEASE OF DISTRICT. Effective upon the Effective Date, the Developers and the City release, discharge and acquit the District and its present and former officers, employees, agents, representatives, and assigns from any causes of action, claims, demands, debts, liability, expense or costs of court of any and every character and nature whatsoever, whether known or unknown, either in or arising out of the law of contracts, torts or property rights, whether arising under statutory or common law, at law or in equity, arising out of any matter at any time up to and including the date of this Agreement, directly related to the claims or allegations or subject matter made the basis of the disputes and differences in the Lawsuit; provided, however, that the Developers and the City do not release the District from its obligations under this Agreement. 10. RELEASE OF DEVELOPERS. Effective upon the Effective Date, the City and the District release, discharge and acquit Developers and their present and former partners, officers, employees, agents, representatives, and assigns from any causes SETTLEMENT AGREEMENT AND RELEASE PAGE 5 of action, claims, demands, debts, liability, expense or costs of court of any and every character and nature whatsoever, whether known or unknown, either in or arising out of the law of contracts, torts or property rights, whether arising under statutory or common law, at law or in equity, arising out of any matter at any time up to and including the date of this Agreement, directly related to the claims or allegations or subject matter made the basis of the disputes and differences in the Lawsuit; provided, however, that the City and the District do not release the Developers from its obligations under this Agreement. 11. DISMISSAL OF CITY. The parties agree that, within five (5) days of the Effective Date, they will present to the Court an agreed motion and order of dismissal in the form attached as Exhibit "C" hereto, that they will each exercise their best efforts to obtain the Court's immediate entry of such agreed order of dismissal. 12. DISMISSAL OF DISTRICT AND DEVELOPERS. Within five (5) days of the Court's ruling on the distribution of such funds, the District and the Developers agree that they will present to the Court an agreed motion and order of dismissal in the form attached as Exhibit "D" hereto, dismissing the Lawsuit and that they will each exercise their best efforts to obtain the Court's immediate entry of such agreed order of dismissal. SETTLEMENT AGREEMENT AND RELEASE PAGE 6 13. INDEMNITY. Cat Hollow Associates Limited Partnership agrees to indemnify, defend and otherwise hold the City and the District harmless from any and all demands, suits, judgments, remedial action costs, expenses, fees, penalties, reasonable attorneys' fees and losses arising out of or in connection with any claims that may be asserted against the City or the District by E.C. Joint Venture, First Hotel Investments Corporation, Westinghouse Credit Corporation, or any person claiming under those entities, relating to the claims asserted in the Lawsuit and released herein. 14. NO ADMISSIONS OR CONCESSIONS. The settlement embodied herein is a compromise of disputed claims and is not and shall not be construed as an admission or concession by any party. In particular, the City's payment to the District shall not be construed as an admission or concession that the District is entitled to permanent use and benefit of any services from the City under Section 395.020 of the Texas Local Government Code or that the District or any property owner in the District, including the Developers, is entitled to any refund pursuant to Chapter 395.025 of the Texas Local Government Code. The parties expressly agree that the terms of this Agreement are reasonable and adequate and represent a good faith compromise of all claims that were asserted in the Lawsuit. 15. ATTORNEYS' FEES AND COSTS. Each party agrees to be responsible to pay such party's respective attorneys' fees and SETTLEMENT AGREEMENT AND RELEASE PAGE 7 costs of Court. 16. BINDING EFFECT. This Agreement shall be binding upon, and inure to the benefit of, the parties and their respective representatives, successors and assigns. 17. ENTIRE AGREEMENT. This Agreement contains the entire agreement and understanding between the parties concerning the subject matter set forth herein and supersedes any prior oral or written expressions of the terms of the parties' agreement. There are no side agreements or understandings or promises or representations relied upon by any party other than as expressly set out herein. 18. MANNER OF EXECUTION. This Agreement may be executed in multiple counterparts, including by facsimile, which together shall be considered an original document. 19. MISCELLANEOUS. This Agreement is performable in Williamson County, Texas. In the event of any controversy related directly or indirectly to this Agreement, the prevailing party shall be entitled to recover reasonable attorneys' fees in addition to any other relief allowed at law or in equity. EXECUTED this day of rn /A Y , 1997. CITY OF OUND ROCK, TEXAS Sy: �1h1 Charles �er, Mayor SETTLEMENT AGREEMENT AND RELEASE PAGE 8 BRUSHY CREEK MUNICIPAL UTILITY DISTRICT By: Jimmy Griffith, President HIGHLAND MANAGEMENT, INC. By: David Bodenman, Vice - President HY - LAND JOINT VENTURE By: Brushy Creek Development Corporation By: By: David Bodenman, Vice - President By: HRI Development Corporation David Bodenman, Vice - President HY - LAND NORTH JOINT VENTURE By: Brushy Creek Development Corporation By: SETTLEMENT AGREEMENT AND RELEASE PAGE 9 David Bodenman, Vice - President SETTLEMENT AGREEMENT AND RELEASE PAGE 3.0 By: HRI Development Corporation By: David Bodenman, Vice - President CAT HOLLOW ASSOCIATES LIMITED PARTNERSHIP By: E.W. Development Co., its general partner By: Ed Wendler, Jr., President EXHIBIT "A ", PAGE 1 OF 5 NO. 91- 257 -C26 HIGHLAND MANAGEMENT, INC. § IN THE DISTRICT COURT OF ET AL., § § VS. § WILLIAMSON COUNTY, TEXAS THE CITY OF ROUND ROCK, TEXAS, § ET AL., § § 26TH JUDICIAL DISTRICT AGREED MOTION FOR PAYMENT FROM THE REGISTRY OF THE COURT TO THE HONORABLE JUDGE OF SAID COURT: Now come HIGHLAND MANAGEMENT, INC., HY -LAND JOINT VENTURE, HY -LAND NORTH JOINT VENTURE, E.C. JOINT VENTURE, FIRST HOTEL INVESTMENTS CORPORATION, WESTINGHOUSE CREDIT CORPORATION, THE CITY OF ROUND ROCK, AND BRUSHY CREEK MUNICIPAL UTILITY DISTRICT and file this their agreed motion for payment of funds from the registry of the court. As grounds, the parties would respectfully show: I. On October 30, 1992, the City of Round Rock deposited $113,852.00 into the registry of the Court in this cause. The parties have agreed that the $113,852.00, together with all interest that has accrued thereon, should be paid to the Brushy Creek Municipal Utility District. AGREED MOTION FOR PAYMENT Page 1 of 3 EXHIBIT "A ", PAGE 2 OF 5 WHEREFORE, PREMISES CONSIDERED, the parties pray that the Court order that the $113,852.00, paid by Round Rock into the registry of the Court on October 30, 1992, together with all interest that has accrued thereon, be paid over to the Brushy Creek Municipal Utility District. Respectfully submitted, GRAVES DOUGHERTY HEARON & MOODY A Professional Corporation 2300 NationsBank Tower 515 Congress Avenue P. O. Box 98 Austin, Texas 78767 512/480 -5600 FAX: 512/478 -1976 By ATTORNEYS FOR HIGHLAND MANAGEMENT, INC., HY -LAND JOINT VENTURE, HY -LAND NORTH JOINT VENTURE, E.C. JOINT VENTURE, FIRST HOTEL INVESTMENTS CORPORATION AND WESTINGHOUSE CREDIT CORPORATION AGREED MOTION FOR PAYMENT Page 2 of 3 John J. McKetta, III State Bar No. 13711500 EXHIBIT "A ", PAGE 3 OF 5 BROWN McCARROLL SHEETS & CROSSFIELD, L.L.P. 309 E Main Street Round Rock, Texas 78664 512/255 -8877 FAX: 512/255 -8986 By Stephan L. Sheets State Bar No. 18180800 , ATTORNEYS FOR THE CITY OF ROUND ROCK DIETZ & ASSOCIATES, P.C. 106 Fannin Avenue East Round Rock, Texas 78664 512/244 -9314 FAX: 512/244 -3766 By R. Mark Dietz State Bar No. 10578200 ATTORNEYS FOR BRUSHY CREEK MUNICIPAL UTILITY DISTRICT AGREED MOTION FOR PAYMENT Page 3 of 3 EXHIBIT "A ", PAGE 4 OF 5 NO. 91- 257 -C26 HIGHLAND MANAGEMENT, INC. § IN THE DISTRICT COURT OF ET AL., § § VS. § WILLIAMSON COUNTY, TEXAS THE CITY OF ROUND ROCK, TEXAS, § ET AL., § § 26TH JUDICIAL DISTRICT AGREED ORDER FOR PAYMENT FROM THE REGISTRY OF THE COURT On the agreed motion of HIGHLAND MANAGEMENT, INC., HY- LAND JOINT VENTURE, HY -LAND NORTH JOINT VENTURE, E.C. JOINT VENTURE, FIRST HOTEL INVESTMENTS CORPORATION, WESTINGHOUSE CREDIT CORPORATION, THE CITY OF ROUND ROCK, AND BRUSHY CREEK MUNICIPAL UTILITY DISTRICT to pay out funds deposited in the registry of - the court by the City of Round Rock in the above- styled and numbered cause, and it appearing to the Court that there is good SIGNED this cause therefor, it is ORDERED that the $113,852.00 in funds deposited in the registry of the court by the City of Round Rock in the above - styled and numbered cause on October 30, 1992, together with all interest thereon, shall be paid over to the Brushy Creek Municipal Utility District. day of , 1997. JUDGE PRESIDING AGREED ORDER FOR PAYMENT Page 1 of 2 AGREED: GRAVES DOUGHERTY HEARON & MOODY A Professional Corporation 2300 NationsBank Tower 515 Congress Avenue P. 0. Box 98 Austin, Texas 78767 512/480 -5600 FAX: 512/478 -1976 By John J. McKetta, III State Bar No. 13711500 EXHIBIT °A ", PAGE 5 OF 5 ATTORNEYS FOR HIGHLAND MANAGEMENT, INC., HY -LAND JOINT VENTURE, HY -LAND NORTH JOINT VENTURE, E.C. JOINT VENTURE, FIRST HOTEL INVESTMENTS CORPORATION AND WESTINGHOUSE CREDIT CORPORATION BROWN McCARROLL SHEETS & CROSSFIELD L.L.P. 309 E. Main Street Round Rock, Texas 78664 512/255 -8877 FAX: 512/255 -8986 By Stephan L. Sheets State Bar No. 18180800 ATTORNEYS FOR THE CITY OF ROUND ROCK DIETZ & ASSOCIATES, P.C. 106 Fannin Avenue East Round Rock, Texas 78664 512/244 -9314 FAX: 512/244 -3766 By R. Mark Dietz State Bar No. 10578200 ATTORNEYS FOR BRUSHY CREEK MUNICIPAL UTILITY DISTRICT AGREED ORDER FOR PAYMENT Page 2 of 2 Cat Hollow Sec. 7, Cat Hollow Sec. 9, Cat Hollow Sec. 7, Cat Hollow Sec. 9, Cat Hollow Sec. 5, Cat Hollow Sec. 7, Cat Hollow Sec. 5, Cat Hollow Sec. 5, Meadows Phase II, Cat Hollow Sec. 5, Cat Hollow Sec. 5, Meadows Phase II, Cat Hollow Sec. 5, Cat Hollow Sec. 7, Meadows Phase II, Meadows Phase II, Meadows Phase II, Meadows Phase II, Cat Hollow Sec. 7 Cat Hollow Sec. 7 Cat Hollow Sec. 7 Cat Hollow Sec. 7 Meadows Phase II, Cat Hollow Sec. 7 Meadows Phase II, Cat Hollow Sec. 7 Meadows Phase II, Meadows Phase II, Cat Hollow Sec. 7 Cat Hollow Sec. 7 Meadows Phase II, Cat Hollow Sec. 7 Cat Hollow Sec. 7 Cat Hollow Sec. 7 Meadows Phase II, Cat Hollow Sec. 9 Meadows Phase II, Meadows Phase II, Cat Hollow Sec. 7 Meadows Phase II, Meadows Phase II, Cat Hollow Sec. 7 Cat Hollow Sec. 7 Cat Hollow Sec. 7 Cat Hollow Sec. 7 Meadows Phase II, EXHIBIT "B" LOT DESCRIPTION PAYMENT DATE Block C, Lot 3 Block J, Lot 9 Block C, Lot 9 Block J, Lot 8 Block D, Lot 1 Block C, Lot 12 Block D, Lot 2 Block D, Lot 3 Block F, Lot 19 Block B, Lot 2 Block B, Lot 1 Block F, Lot 21 Block A, Lot 4 Block C, Lot 13 Block F, Lot 16 Block F, Lot 17 Block D, Lot 6 Block F, Lot 20 , Block C, Lot 11 , Block E, Lot 3 , Block A, Lot 16 , Block A, Lot 11 Block E, Lot 14 , Block E, Lot 10 Block F, Lot 18 , Block A, Lot 31 Block F, Lot 25 Block D, Lot 5 , Block E, Lot 2 , Block A, Lot 14 Block D, Lot 7 , Block E, Lot 1 , Block H, Lot 4 , Block C, Lot 10 Block B, Lot 26 , Block G, Lot 21 Block W, Lot 3 Block W, Lot 1 , Block A, Lot 5 Block E, Lot 11 Block D, Lot 3 , Block F, Lot 8 , Block H, Lot 1 , Block A, Lot 12 , Block A, Lot 10 Block D, Lot 2 09/01/89 09/01/89 09/01/89 09/01/89 01/09/90 01/09/90 01/09/90 01/09/90 01/09/90 01/09/90 01/09/90 01/09/90 01/09/90 01/09/90 03/23/90 03/29/90 03/29/90 03/29/90 03/29/90 03/29/90 04/25/90 04/25/90 04/25/90 04/25/90 05/11/90 05/16/90 05/21/90 05/23/90 05/23/90 05/23/90 05/23/90 05/23/90 06/01/90 06/01/90 06/01/90 06/07/90 06/11/90 06/17/90 06/28/90 07/09/90 08/02/90 08/02/90 08/02/90 08/02/90 08/02/90 08/02/90 Meadows Phase II, Block D, Lot 4 08/09/90 Meadows Phase II, Block B, Lot 37 08/22/90 Meadows Phase II, Block E, Lot 5 08/29/90 Meadows Phase II, Block B, Lot 19 08/29/90 Cat Hollow Sec. 9, Biock J, Lot 6 08/29/90 Meadows Phase II, Block B, Lot 19 08/29/90 Meadows Phase II, Block F, Lot 13 08/31/90 Meadows Phase II, Block E, Lot 4 09/07/90 Cat Hollow Sec. 7, Block A, Lot 21 , 09/07/90 Cat Hollow Sec. 9, Block F, Lot 6 09/13/90 Meadows Phase II, Block A, Lot 13 09/20/90 Cat Hollow Sec. 7, Block A, Lot 8 09/20/90 Cat Hollow Sec. 9, Block F, Lot 6 09/13/90 Meadows Phase II, Block F, Lot 10 09/20/90 Meadows Phase II, Block E, Lot 2 10/08/90 Cat Hollow Sec. 9, Block F, Lot 12 10/08/90 Meadows Phase II, Block E, Lot 1 10/08/90 Cat Hollow Sec. 9, Block H, Lot 8 10/09/90 Cat Hollow Sec. 5, Block C, Lot 6 10/09/90 Cat Hollow Sec. 5, Block C, Lot 5 10/09/90 Cat Hollow Sec. 7, Block F, Lot 7 10/10/90 Cat Hollow Sec. 7, Block F, Lot 1 10/10/90 Cat Hollow Sec. 7, Block H, Lot 2 10/18/90 Cat Hollow Sec. 9, Block G, Lot 10 10/25/90 Meadows Phase II, Block E, Lot 10 10/31/90 Meadows Phase II, Block E, Lot 21 11/07/90 Meadows Phase II, Block E, Lot 43 11/09/90 Cat Hollow Sec. 9, Block F, Lot 10 11/15/90 Meadows Phase II, Block D, Lot 24 11/15/90 Cat Hollow Sec. 9, Block A, Lot 20 12/17/90 Meadows Phase II, Block E, Lot 22 01/04/91 Cat Hollow Sec. 7, Block A, Lot 4 01/10/91 Meadows Phase II, Block E, Lot 7 01/10/91 Cat Hollow Sec. 7, Biock A, Lot 19 01/10/91 Meadows Phase II, Block E, Lot 8 01/17/91 Cat Hollow Sec. 9, Block F, Lot 5 01/17/91 Cat Hollow Sec. 9, Block F, Lot 11 01/17/91 Cat Hollow Sec. 9, Block F, Lot 9 01/17/91 Meadows Phase II, Block E, Lot 6 01/24/91 Cat Hollow Sec. 9, Block J, Lot 2 02/11/91 Meadows Phase II, Block D, Lot 17 01/19/91 Meadows Phase II, Block F, Lot 12 01/19/91 Cat Hollow Sec. 7, Block H, Lot 9 02/19/91 Cat Hollow Sec. 5, Block A, Lot 3 02/25/91 Cat Hollow Sec. 7, Block F, Lot 2 02/27/91 Cat Hollow Sec. 9, Block G, Lot 20 03/06/91 Cat Hollow Sec. 9, Biock G, Lot 19 03/14/91 Cat Hollow Sec. 7, Block A, Lot 2 03/14/91 Meadows Phase II, Block B, Lot 38 03/19/91 Cat Hollow Sec. 7, Block A, Lot 29 03/26/91 Meadows Phase II, Block E, Lot 17 04/17/91 Cat Hollow Sec. 9, Block F, Lot 8 04/17/91 Cat Hollow Sec. 7, Block H, Lot 3 04/22/91 Meadows Phase II, Block J, Lot 3 04/30/91 Meadows Phase II, Block J, Lot 25 06/17/91 Meadows Phase II, Block H, Lot 9 07/01/91 Meadows Phase II, Block J, Lot 24 07/18/91 Meadows Phase II, Block J, Lot 27 07/18/91 Meadows Phase II, Block J, Lot 20 08/28/91 Meadows Phase II, Block J, Lot 21 08/28/91 Meadows Phase II, Block J, Lot 26 08/30/91 Meadows Phase II, Block J, Lot 28 10/10/91 Meadows Phase II, Block J, Lot 7 11/05/91 Meadows Phase II, Block P, Lot 2 11/05/91 Meadows Phase II, Block P, Lot 17 11/08/91 Meadows Phase II, Block J, Lot 37 11/14/91 Meadows Phase II, Block J, Lot 34 11/19/91 Meadows Phase Ii, Block J, Lot 36 12/05/91 Meadows Phase II, Block P, Lot 7 12/12/91 Meadows Phase II, Block J, Lot 35 12/19/91 Cat Hollow Sec. 9, Block G, Lot 4 05/13/91 Meadows Phase II, Block B, Lot 39 05/14/91 Cat Hollow Sec. 9, Block G, Lot 17 05/15/91 Cat Hollow Sec. 7, Block G, Lot 18 05/15/91 Meadows Phase II, Block V, Lot 1 05/23/91 Meadows Phase II, Block E, Lot 25 05/23/91 Cat Hollow Sec. 7, Block A, Lot 18 05/28/91 Meadows Phase II, Block C, Lot 24 05/28/91 Meadows Phase II, Block F, Lot 6 06/12/91 Meadows Phase II, Block C, Lot 16 06/17/91 Meadows Phase II, Block C, Lot 25 06/17/91 Meadows Phase II, Block C, Lot 18 06/21/91 Meadows Phase II, Block B, Lot 40 06/21/91 Meadows Phase II, Block E, Lot 20 06/24/91 Meadows Phase II, Block B, Lot 25 06/24/91 Meadows Phase II, Block E, Lot 41 06/24/91 Cat Hollow Sec. 9, Block G, Lot 14 07/19/91 Cat Hollow Sec. 9, Block J, Lot 7 07/19/91 Meadows Phase II, Block F, Lot 23 07/30/91 Meadows Phase II, Block F, Lot 5 08/06/91 Meadows Phase II, Block C, Lot 20 08/06/91 Meadows Phase II, Block E, Lot 24 08/06/91 Meadows Phase II, Block D, Lot 21 08/30/91 Meadows Phase II, Block E, Lot 13 09/06/91 Meadows Phase II, Block E, Lot 9 09/06/91 Meadows Phase II, Block B, Lot 35 09/11/91 Meadows Phase II, Block B, Lot 34 09/11/91 Meadows Phase II, Block B, Lot 3 09/16/91 Meadows Phase II, Block F, Lot 9 09/16/91 Meadows Phase II, Block F, Lot 27 09/16/91 Meadows Phase II, Block E, Lot 28 09/16/91 Meadows Phase II, Block E, Lot 37 09/16/91 Meadows Phase II, Block C, Lot 26 09/20/91 Cat Hollow Sec. 9, Block G, Lot 12 09/30/91 Meadows Phase II, Block F, Lot 3 10/08/91 Meadows Phase II, Block B, Lot 29 10/08/91 Meadows Phase II, Block C, Lot 27 10/08/91 Meadows Phase II, Block E, Lot 45 11/12/91 Meadows Phase II, Block E, Lot 52 11/12/91 Meadows Phase II, Block E, Lot 35 11/14/91 Meadows Phase II, Block D, Lot 23 11/14/91 Meadows Phase II, Block E, Lot 35 11/14/91 Meadows Phase II, Block D, Lot 23 11/14/91 Meadows Phase II, Block E, Lot 3 11/14/91 Meadows Phase II, Block E, Lot 3 11/14/91 Meadows Phase II, Block E, Lot 23 11/27/91 Meadows Phase II, Block F, Lot 2 11/27/91 Cat Hollow Sec. 7, Block A, Lot 5 12/05/91 Cat Hollow Sec. 9, Block G, Lot 16 12/12/91 Cat Hollow Sec. 7, Block H, Lot 12 12/18/91 Meadows Phase II, Block P, Lot 8 01/22/92 Meadows Phase II, Block J, Lot 5 02/04/92 Meadows Phase II, Block H, Lot 8 02/06/92 Meadows Phase II, Block J, Lot 33 02/12/92 Meadows Phase II, Block P, Lot 11 02/27/92 Meadows Phase II, Block P, Lot 9 03/10/92 Meadows Phase II, Block 0, Lot 2 03/10/92 Meadows Phase II, Block 0, Lot 4 04/01/92 Meadows Phase II, Block J, Lot 29 04/01/92 Meadows Phase II, Block J, Lot 31 04/09/92 Meadows Phase II, Block J, Lot 39 04/09/92 Meadows Phase II, Block J, Lot 10 04/10/92 Meadows Phase II, Block J, Lot 22 04/16/92 Meadows Phase II, Block J, Lot 6 04/30/92 Meadows Phase II, Block P, Lot 13 05/11/92 Meadows Phase II, Block J, Lot 38 05/14/92 Meadows Phase II, Block H, Lot 5 05/15/92 Meadows Phase II, Block J, Lot 15 05/20/92 Meadows Phase II, Block P, Lot 5 05/26/92 Meadows Phase II, Block H, Lot 10 06/05/92 Meadows Phase II, Block H, Lot 12 06/11/92 Meadows Phase II, Block H, Lot 7 06/11/92 Meadows Phase II, Block P, Lot 3 06/12/92 Meadows Phase II, Block 0, Lot 3 06/16/92 Meadows Phase II, Block J, Lot 19 06/17/92 Meadows Phase II, Block H, Lot 13 06/17/92 Meadows Phase II, Block J, Lot 17 06/23/92 Meadows Phase II, Block P, Lot 15 06/29/92 Meadows Phase II, Block J, Lot 23 07/13/92 Meadows Phase II, Block H, Lot 26 07/13/92 Meadows Phase II, Block K, Lot 13 08/11/92 Meadows Phase II, Block P, Lot 4 08/18/92 Meadows Phase II, Block J, Lot 30 08/25/92 Meadows Phase II, Block P, Lot 16 09/01/92 Meadows Phase II, Block P, Lot 20 09/01/92 Meadows Phase II, Block P, Lot 10 09/01/92 Meadows Phase II, Block P, Lot 19 09/01/92 Meadows Phase II, Block J, Lot 15 09/10/92 Meadows Phase II, Block J, Lot 18 09/10/92 Meadows Phase II, Block H, Lot 24 09/10/92 Meadows Phase II, Block H, Lot 32 09/10/92 Meadows Phase II, Block H, Lot 36 09/10/92 Meadows Phase II, Block H, Lot 37 09/10/92 Meadows Phase II, Block P, Lot 1 09/11/92 Meadows Phase II, Block J, Lot 12 09/16/92 Meadows Phase II, Block P, Lot 9 09/17/92 Meadows Phase II, Block J, Lot 8 09/17/92 Meadows Phase II, Block C, Lot 23 01/02/92 Meadows Phase II, Block E, Lot 42 01/07/92 Meadows Phase II, Block F, Lot 22 01/15/92 Meadows Phase II, Block E, Lot 44 01/20/92 Cat Hollow Sec. 7, Block A, Lot 5 01/21/92 Cat Hollow Sec. 9, Block G, Lot 16 01/21/92 Cat Hollow Sec. 7, Block H, Lot 12 02/04/92 Cat Hollow Sec. 7, Block H, Lot 12 02/06/92 Meadows Phase II, Block E, Lot 36 02/06/92 Cat Hollow Sec. 7, Block A, Lot 9 02/06/92 Cat Hollow Sec. 7, Block A, Lot 6 02/06/92 Cat Hollow Sec. 7, Block A, Lot 3 02/17/92 Meadows Phase II, Block C, Lot 21 02/20/92 Meadows Phase II, Block B, Lot 24 02/20/92 Meadows Phase II, Block E, Lot 49 02/20/92 Cat Hollow Sec. 9, Block J, Lot 1 02/27/92 Cat Hollow Sec. 5, Block D, Lot 3 03/04/92 Cat Hollow Sec. 5, Block D, Lot 4 03/04/92 Meadows Phase II, Block A, Lot 3 03/10/92 Cat Hollow Sec. 9, Block G, Lot 11 03/13/92 Cat Hollow Sec. 9, Block G, Lot 5 03/13/92 Cat Hollow Sec. 5, Block C, Lot 4 03/13/92 Cat Hollow Sec. 5, Block J, Lot 3 03/13/92 Meadows Phase II, Block F, Lot 11 03/20/92 Meadows Phase II, Block E, Lot 47 03/23/92 Meadows Phase II, Block E, Lot 51 03/23/92 Meadows Phase II, Block C, Lot 22 03/23/92 Meadows Phase II, Block A, Lot 5 03/30/92 Meadows Phase II, Block V, Lot 2 04/03/92 Cat Hollow Sec. 9, Block E, Lot 2 04/03/92 Cat Hollow Sec. 7, Block B, Lot 6 04/04/92 Cat Hollow Sec. 9, Block F, Lot 4 04/08/92 Meadows Phase II, Block D, Lot 22 04/09/92 Cat Hollow Sec. 9, Block F, Lot 2 04/22/92 Meadows Phase II, Block B, Lot 11 04/23/92 Meadows Phase II, Block E, Lot 47 04/23/92 Meadows Phase II, Block C, Lot 51 04/24/92 Meadows Phase II, Block C, Lot 22 04/24/92 Meadows Phase II, Block B, Lot 5 04/30/92 Cat Hollow Sec. 9, Block E, Lot 1 05/08/92 Cat Hollow Sec. 9, Block G, Lot 7 05/15/92 Cat Hollow Sec. 7, Block H, Lot 6 05/20/92 Cat Hollow Sec. 7, Block A, Lot 27 05/22/92 Cat Hollow Sec. 9, Block D, Lot 3 05/22/92 Meadows Phase II, Block D, Lot 1 05/26/92 Cat Hollow Sec. 7, Block F, Lot 4 05/26/92 Cat Hollow Sec. 7, Block C, Lot 7 05/26/92 Cat Hollow Sec. 9, Block H, Lot 5 06/02/92 Cat Hollow Sec. 9, Block H, Lot 6 06/02/92 Meadows Phase II, Block F, Lot 4 06/05/92 Cat Hollow Sec. 7, Block A, Lot 30 06/15/92 Meadows Phase II, Block D, Lot 8 06/15/92 Meadows Phase II, Block A, Lot 16 06/19/92 Cat Hollow Sec. 7, Block C, Lot 6 06/22/92 Cat Hollow Sec. 7, Block B, Lot 5 06/22/92 Cat Hollow Sec. 7, Block A, Lot 22 06/30/92 Meadows Phase II, Block E, Lot 26 06/30/92 Meadows Phase II, Block E, Lot 34 06/30/92 Cat Hollow Sec. 7, Block A, Lot 32 07/13/92 Cat Hollow Sec. 9, Block G, Lot 2 07/13/92 Meadows Phase II, Block E, Lot 39 07/15/92 Cat Hollow Sec. 9, Block G, Lot 9 07/24/92 Meadows Phase II, Block A, Lot 13 07/24/92 Meadows Phase II, Block B, Lot 11 07/24/92 Meadows Phase II, Block B, Lot 6 07/27/92 Meadows Phase II, Block B, Lot 7 07/27/92 Meadows Phase II, Block C, Lot 19 07/27/92 Cat Hollow Sec. 9, Block F, Lot 3 07/27/92 Cat Hollow Sec. 9, Block G, Lot 3 07/29/92 Cat Hollow Sec. 9, Block G, Lot 6 08/10/92 Meadows Phase II, Block F, Lot 19 08/18/92 Cat Hollow Sec. 7, Block J, Lot 3 08/20/92 Cat Hollow Sec. 9, Block G, Lot 3 08/20/92 Meadows Phase II, Block B, Lot 33 08/24/92 Cat Hollow Sec. 9, Block H, Lot 2 08/24/92 Cat Hollow Sec. 9, Block C, Lot 2 08/24/92 Meadows Phase II, Block B, Lot 8 08/27/92 Meadows Phase II, Block B, Lot 9 08/27/92 Meadows Phase II, Block A, Lot 12 Cat Hollow Sec. 7, Block C, Lot 8 08/28/92 08/31/92 EXHIBIT "C ", PAGE 1 OF 7 NO. 91- 257 -C26 HIGHLAND MANAGEMENT, INC. § IN THE DISTRICT COURT OF ET AL., § VS. § WILLIAMSON COUNTY, TEXAS THE CITY OF ROUND ROCK, TEXAS, § ET AL., § § 26TH JUDICIAL DISTRICT AGREED MOTION TO DISMISS TO THE HONORABLE JUDGE OF SAID COURT: Now come HIGHLAND MANAGEMENT, INC., HY -LAND JOINT VENTURE, HY -LAND NORTH JOINT VENTURE, E.C. JOINT VENTURE, FIRST HOTEL INVESTMENTS CORPORATION, WESTINGHOUSE CREDIT CORPORATION, THE CITY OF ROUND ROCK, AND BRUSHY CREEK MUNICIPAL UTILITY DISTRICT and file this their agreed motion to dismiss with prejudice all claims of the City of Round Rock against Highland Management, Inc., Hy -Land Joint Venture, Hy -Land North Joint Venture, E.C. Joint Venture, First Hotel Investments Corporation, Westinghouse Credit Corporation, and the Brushy Creek Municipal Utility District and all claims of Highland Management, Inc., Hy- Land Joint Venture, Hy -Land North Joint Venture, E.C. Joint Venture, First Hotel Investments Corporation, Westinghouse Credit Corporation, and the Brushy Creek Municipal Utility District against the City of Round Rock in the above - styled and numbered cause. As grounds, the parties would respectfully show: AGREED MOTION TO DISMISS Page 1 of 4 EXHIBIT "C ", PAGE 2 OF 7 I. The parties have amicably compromised, settled and resolved the disputes among them. WHEREFORE, PREMISES CONSIDERED, the parties pray that the Court dismiss with prejudice to the refiling of same all claims of the City of Round Rock against Highland Management, Inc., Hy- Land Joint Venture, Hy -Land North Joint Venture, E.C. Joint Venture, First Hotel Investments Corporation, Westinghouse Credit Corporation, and the Brushy Creek Municipal Utility District and all claims of Highland Management, Inc., Hy -Land Joint Venture, Hy -Land North Joint Venture, E.C. Joint Venture, First Hotel Investments Corporation, Westinghouse Credit Corporation, and the Brushy Creek Municipal Utility District against the City of Round Rock in the above - styled and numbered cause, each party to bear its own costs of Court. AGREED MOTION TO DISMISS Page 2 of 4 EXHIBIT "C ", PAGE 3 OF 7 Respectfully submitted, GRAVES DOUGHERTY HEARON & MOODY A Professional Corporation 2300 NationsBank Tower 515 Congress Avenue P. O. Box 98 Austin, Texas 78767 512/480 -5600 FAX: 512/478 -1976 By John J. McKetta, III State Bar No. 13711500 ATTORNEYS FOR HIGHLAND MANAGEMENT, INC., HY -LAND JOINT VENTURE, HY -LAND NORTH JOINT VENTURE, E.C. JOINT VENTURE, FIRST HOTEL INVESTMENTS CORPORATION AND WESTINGHOUSE CREDIT CORPORATION BROWN McCARROLL SHEETS & CROSSFIELD, L.L.P. 309 E. Main Street Round Rock, Texas 78664 512/255 -8877 FAX: 512/255 -8986 By Stephan L. Sheets State Bar No. 18180800 ATTORNEYS FOR THE CITY OF ROUND ROCK AGREED MOTION TO DISMISS Page 3 of 4 EXHIBIT °C°, PAGE 4 OF 7 DIETZ & ASSOCIATES, P.C. 106 Fannin Avenue East Round Rock, Texas 78664 512/244 -9314 FAX: 512/244 -3766 By R. Mark Dietz State Bar No. 10578200 ATTORNEYS FOR BRUSHY CREEK MUNICIPAL UTILITY DISTRICT AGREED MOTION TO DISMISS Page 4 of 4 EXHIBIT "C ", PAGE 5 OF 7 NO. 91- 257 -C26 HIGHLAND MANAGEMENT, INC. § IN THE DISTRICT COURT OF ET AL., § § VS. § WILLIAMSON COUNTY, TEXAS § THE CITY OF ROUND ROCK, TEXAS, § ET AL., § § 26TH JUDICIAL DISTRICT AGREED ORDER OF DISMISSAL On the agreed motion of HIGHLAND MANAGEMENT, INC., HY- LAND JOINT VENTURE, HY -LAND NORTH JOINT VENTURE, E.C. JOINT VENTURE, FIRST HOTEL INVESTMENTS CORPORATION, WESTINGHOUSE CREDIT CORPORATION, THE CITY OF ROUND ROCK, AND BRUSHY CREEK MUNICIPAL UTILITY DISTRICT to dismiss with prejudice all claims of the City of Round Rock against Highland Management, Inc, Hy -Land Joint Venture, First Hotel Investments Corporation, Westinghouse Credit Corporation, and Brushy Creek Municipal Utility District and all claims of Highland Management, Inc, Hy -Land Joint Venture, First Hotel Investments Corporation, Westinghouse Credit Corporation, and Brushy Creek Municipal Utility District against the City of Round Rock in the above- styled and numbered cause, and it appearing to the Court that there is good cause therefor, it is ORDERED that the above- styled and numbered cause, including all claims of the City of Round Rock against Highland Management, Inc, Hy - Land Joint Venture, First Hotel Investments Corporation, Westinghouse Credit Corporation, and Brushy Creek Municipal Utility District and all claims of Highland Management, AGREED ORDER OF DISMISSAL Page 1 of 3 EXHIBIT "C ", PAGE 6 OF 7 Inc, Hy -Land Joint Venture, First Hotel Investments Corporation, Westinghouse Credit Corporation, and Brushy Creek Municipal Utility District against the City of Round Rock therein, be and are hereby, DISMISSED WITH PREJUDICE, each party to bear its own costs of Court. SIGNED this day of , 1997. JUDGE PRESIDING AGREED ORDER OF DISMISSAL Page 2 of 3 AGREED: GRAVES DOUGHERTY HEARON & MOODY A Professional Corporation 2300 NationsBank Tower 515 Congress Avenue P. O. Box 98 Austin, Texas 78767 512/480 -5600 FAX: 512/478 -1976 By John J. McKetta, III State Bar No. 13711500 EXHIBIT "C ", PAGE 7 OF 7 ATTORNEYS FOR HIGHLAND MANAGEMENT, INC., HY -LAND JOINT VENTURE, HY -LAND NORTH JOINT VENTURE, E.C. JOINT VENTURE, FIRST HOTEL INVESTMENTS CORPORATION AND WESTINGHOUSE CREDIT CORPORATION BROWN McCARROLL SHEETS & CROSSFIELD, L.L.P. 309 E. Main Street Round Rock, Texas 78664 512/255 -8877 FAX: 512/255 -8986 By Stephan L. Sheets State Bar No. 18180800 ATTORNEYS FOR THE CITY OF ROUND ROCK DIETZ & ASSOCIATES, P.C. 106 Fannin Avenue East Round Rock, Texas 78664 , 512/244 -9314 FAX: 512/244 -3766 By R. Mark Dietz State Bar No. 10578200 ATTORNEYS FOR BRUSHY CREEK MUNICIPAL UTILITY DISTRICT AGREED ORDER OF DISMISSAL Page 3 of 3 EXHIBIT "D ", PAGE 1 OF 4 NO. 91- 257 -C26 HIGHLAND MANAGEMENT, INC. § IN THE DISTRICT COURT OF ET AL., VS. § • WILLIAMSON COUNTY, TEXAS THE CITY OF ROUND ROCK, TEXAS, § ET AL., § § 26TH JUDICIAL DISTRICT AGREED MOTION TO DISMISS TO THE HONORABLE JUDGE OF SAID COURT: Now come HIGHLAND MANAGEMENT, INC., HY - LAND JOINT VENTURE, HY -LAND NORTH JOINT VENTURE, E.C. JOINT VENTURE, FIRST HOTEL INVESTMENTS CORPORATION, WESTINGHOUSE CREDIT CORPORATION, AND BRUSHY CREEK MUNICIPAL UTILITY DISTRICT and file this their agreed motion to dismiss with prejudice all claims in the above - styled and numbered cause. As grounds, the parties would respectfully show: I. The parties have amicably compromised, settled and resolved the disputes among them. WHEREFORE, PREMISES CONSIDERED, the parties pray that the Court dismiss with prejudice to the refiling of same all claims in the above - styled and numbered cause, each party to bear its own costs of Court. AGREED MOTION TO DISMISS Page 1 of 2 EXHIBIT "D ", PAGE 2 OF 4 Respectfully submitted, GRAVES DOUGHERTY HEARON & MOODY A Professional Corporation 2300 NationsBank Tower 515 Congress Avenue P. O. Box 98 Austin, Texas 78767 512/480 -5600 FAX: 512/478 -1976 By John J. McKetta, III State Bar No. 13711500 ATTORNEYS FOR HIGHLAND MANAGEMENT, INC., HY -LAND JOINT VENTURE, HY -LAND NORTH JOINT VENTURE, E.C. JOINT VENTURE, FIRST HOTEL INVESTMENTS CORPORATION AND WESTINGHOUSE CREDIT CORPORATION DIETZ & ASSOCIATES, P.C. 106 Fannin Avenue East Round Rock, Texas 78664 512/244 -9314 FAX: 512/244 -3766 By R. Mark Dietz State Bar No. 10578200 ATTORNEYS FOR BRUSHY CREEK MUNICIPAL UTILITY DISTRICT AGREED MOTION TO DISMISS Page 2 of 2 EXHIBIT "D ", PAGE 3 OF 4 NO. 91- 257 -C26 HIGHLAND MANAGEMENT, INC. § IN THE DISTRICT COURT OF ET AL., § § VS. § WILLIAMSON COUNTY, TEXAS THE CITY OF ROUND ROCK, TEXAS, § ET AL., § § 26TH JUDICIAL DISTRICT AGREED ORDER OF DISMISSAL On the agreed motion of HIGHLAND MANAGEMENT, INC., HY- LAND JOINT VENTURE, HY -LAND NORTH JOINT VENTURE, E.C. JOINT VENTURE, FIRST HOTEL INVESTMENTS CORPORATION, WESTINGHOUSE CREDIT CORPORATION, AND BRUSHY CREEK MUNICIPAL UTILITY DISTRICT to dismiss with prejudice all claims in the above- styled and numbered cause, and it appearing to the Court that there is good cause therefor, it is ORDERED that the above - styled and numbered cause, including all claims therein, be and are hereby, DISMISSED WITH PREJUDICE, each party to bear its own costs of Court. SIGNED this day of , 1997. JUDGE PRESIDING AGREED ORDER OF DISMISSAL Page 1 of 2 AGREED: GRAVES DOUGHERTY HEARON & MOODY A Professional Corporation 2300 NationsBank Tower 515 Congress Avenue P. O. Box 98 Austin, Texas 78767 512/480 -5600 FAX: 512/478 -1976 By John J. McKetta, III State Bar No. 13711500 ATTORNEYS FOR HIGHLAND MANAGEMENT, INC., HY -LAND JOINT VENTURE, HY -LAND NORTH JOINT VENTURE, E.C. JOINT VENTURE, FIRST HOTEL INVESTMENTS CORPORATION AND WESTINGHOUSE CREDIT CORPORATION DIETZ & ASSOCIATES, P.C. 106 Fannin Avenue East Round Rock, Texas 78664 512/244 -9314 FAX: 512/244 -3766 By R. Mark Dietz State Bar No. 10578200 ATTORNEYS FOR BRUSHY CREEK MUNICIPAL UTILITY DISTRICT EXHIBIT "D ", PAGE 4 OF 4 AGREED ORDER OF DISMISSAL Page 2 of 2 DATE: May 6, 1997 SUBJECT: City Council Meeting - May 8, 1997 ITEM: 16.D. Consider a resolution authorizing the Mayor to execute a compromise and settlement agreement and release of all claims regarding Cause No. 91- 257 -C26; Highland Management, Inc., et al vs. City of Round Rock, et al.