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Contract - Highlands at Mayfield Ranch - 7/24/2014 AMENDMENT NO. 1 TO CONSENT AGREEMENT BETWEEN CITY OF ROUND ROCK, TEXAS AND HIGHLANDS AT MAYFIELD RANCH, LTD. FOR HIGHLANDS AT MAYFIELD RANCH MUNICIPAL UTILITY DISTRICT THE STATE OF TEXAS § COUNTY OF WILLIAMSON § The City of Round Rock, Texas, a home rule city located in Williamson County, Texas (the "City"), and The Highlands at Mayfield Ranch, Ltd., a Texas limited partnership (the "Developer"), previously entered into a Consent Agreement dated as of December 2, 2004 (the "Consent Agreement"), under which the City and the Developer agreed to certain terms and conditions relating to the creation of Highlands at Mayfield Ranch Municipal Utility District (the "District"). The Developer is now prepared to commence development within the District, and the Developer and the City have agreed to certain modifications of the Consent Agreement and desire to set forth those agreements in writing. Therefore, for good and valuable consideration, the receipt and sufficiency of which are acknowledged, the Developer and the City agree that the Consent Agreement is amended as follows: 1. Deletion of Section 5.03. In order to allow the land within the District to be included within the boundaries of an emergency services district that provides fire protection services and imposes a tax in support of those services, Section 5.03 of the Consent Agreement, "Fire Protection Services", is deleted and replaced with the following: "Intentionally Deleted". 2. Amendment to Section 8.01. Section 8.01 of the Consent Agreement, "Term", is amended to read as follows: 8.01 Term. The term of this Agreement will continue until December 31, 2027 (the "Initial Term"), unless sooner terminated under other provisions of this Agreement or by written agreement of the City and the Developer. Upon the expiration of the Initial Term, this Agreement may be extended, at the Developer's request, with City Council approval for up to two successive 15-year periods. 3. Defined Terms. All terms delineated with initial capital letters in this Amendment that are defined in the Consent Agreement have the same meanings in this Amendment as in the Consent Agreement. Other terms have the meanings commonly ascribed to them. 4. Effect of Amendment. Except as specifically provided in this Amendment, the terms of the Consent Agreement continue to govern the rights and obligations of the {wo549224.5} 1 R-2014-1605 parties, and all terms of the Consent Agreement remain in full force and effect. If there is any conflict or inconsistency between this Amendment and the Consent Agreement, this Amendment will control and modify the Consent Agreement. IN WITNESS WHEREOF, the undersigned parties have executed this Agreement on the dates indicated below. CITY OF ROUND ROCK By: r, Name: ,, ;_ t1 Title: -Mayor Mayor te td Date: . ' ,°i'" {Wo549224.5} THE HIGHLANDS AT MAYFIELD RANCH, LTD., a Texas limited partnership By: BJM Mayfield Ranch, GP, Inc., a Texas corporation, its General Pa,; B y: Blake J. Mare, Pr sident Date: el 3( c g {Wo549224.5}