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Contract - Vista Oaks MUD and Palmer Investments - 7/23/2015COPY AGREEMENT FOR PASS-THROUGH WASTEWATER SERVICE [GARDENS AT MAYFIELD RANCH] THIS AGREEMENT FOR PASS-THROUGH WASTEWATER SERVICE [GARDENS AT MAYFIELD RANCH] (this "Agreement') is entered into effective as of the Effective Date (defined below),. by and among VISTA OAKS MUNICIPAL UTILITY DISTRICT, a political subdivision of the State of Texas operating under Chapters 49 and 54 of the Texas Water Code and formerly known as Williamson County Municipal Utility District No. 9 (the "District"), PALMER INVESTMENTS, LP, a Texas limited partnership (the "Developer"), and the CITY OF ROUND ROCK, TEXAS, a home rule municipality located in Williamson County, Texas (the "W'). The City, the Developer, and the District are sometimes referred to individually in this Agreement as a "Par ' and collectively as the "Parties". RECITALS: A. The District purchases and receives wholesale water and wastewater service from the City under the terms and provisions of the Vista Oaks Municipal Utility District Amended and Restated Wholesale Water and Wastewater Agreement dated effective August 29, 2011 (the "Wholesale Agreement"). B. The Developer is planning to develop the ±38 acres of property adjacent to the District more particularly described on EXHIBIT "A' (the "Gardens Tract") into detached single-family residential and commercial uses. As of the Effective Date, the Gardens Tract is located in the City's extraterritorial jurisdiction; however, the Developer has requested that the Gardens Tract be annexed by the City for full purposes so that, among things, the City can provide retail domestic wastewater service to the Gardens Tract. The City has represented to Developer that 135 LUEs of wastewater capacity in the City's wastewater system are available for use by Developer in the development of the Gardens Tract. However, because the City does not have existing wastewater lines in the area to which the Gardens Tract could readily connect, the Developer has requested to use the District's wastewater system on a pass-through basis in order to obtain retail wastewater service from the City to the Gardens Tract. C. The Parties desire to enter into this Agreement to set forth the terms and conditions on which the City and the Developer may utilize the District's wastewater system to provide wastewater service to the Gardens Tract on a pass-through basis after the Gardens Tract has been annexed by the City. AGREEMENT For and in consideration of the mutual promises, covenants, obligations, and benefits of this Agreement, the District, the City, and the Developer contract and agree as follows: Section i. Recitals. The above and foregoing recitals are incorporated herein by reference. Section 2. Pass -Through Wastewater Service. A. Authorization of Pass -Through Service. Subject to the terms and conditions of this Agreement, for a period of ten years from the date that the Annexation and PUD Zoning Condition (defined below) is finally satisfied, the City may connect the segment of wastewater line owned by the City depicted on EXHIBIT "B" (the "0 fW0646173.81 1Z'2�115,� r 2q3 COPY Wastewater Line Segment") to the Developer's wastewater collection system serving the Gardens Tract at the point of connection identified on EXHIBIT "B" (the "Gardens Tract Wastewater Point of Connection") and to the District's wastewater collection system at the point of connection identified on EXHIBIT "B" (the "District Wastewater Point of Connection") to allow the City to provide up to 135 living unit equivalents ("LUEs") of retail domestic wastewater service to the Gardens Tract using the District's wastewater system on a pass-through basis. The Gardens Tract Wastewater Point of Connection and the District Wastewater Point of Connection are referred to in this Agreement individually as a "Wastewater Point of Connection" and collectively as the "Wastewater Points of Connection". The District has reviewed its current capacity and has determined that it has the wastewater capacity to allow 135 LUES of wastewater to pass from the Garden Tract through its wastewater lines to the City's wastewater system in accordance with this Agreement. B. Limitations and other Conditions of Service. 1. Notwithstanding anything else in this Agreement to the contrary, in no event will the City or the Developer, without the prior written consent of the District, deliver through the City Wastewater Line Segment or the District's wastewater collection system more than 135 LUEs of wastewater from the Gardens Tract measured at each Wastewater Point of Connection, not to exceed, under any circumstances, an aggregate peak wet weather wastewater flow of 126 gpm. 2. The District has and will continue to have a guaranteed reservation and commitment of 1,40o LUES of wastewater capacity from the City under the Wholesale Agreement. None of the LUEs of capacity guaranteed and reserved to the District under the Wholesale Contract will be utilized to serve the Gardens Tract under this Agreement. Instead, the City is committing 135 LUES of wastewater capacity directly to the Gardens Tract and will simply be using the District's wastewater system to provide retail wastewater service to the Gardens Tract on a pass-through basis. 3. For the purpose of keeping the District informed of the level of development and related wastewater usage that is proposed for the Gardens Tract and so that the District may confirm that wastewater generated from such improvements will not exceed the maximum limits set forth in this Agreement, the Developer must submit to the District (a) copies of all site plan applications (and amendments to site plan applications that increase wastewater usage) for all or any portion of the Gardens Tract simultaneous with submittal to the City; and (b) copies of all plans and specifications for any material infrastructure modifications to the Gardens Tract, including the Gardens Tract Wastewater Facilities (defined below), that may create or impact wastewater generation prior to construction of the improvements contemplated by such site plans or plans and specifications; and (c) a quarterly connection report with the details of the wastewater connections made within the Gardens Tract during the previous quarter. Each submission under clauses (a) and (b) above must include an engineer's calculation of LUES of wastewater service proposed and the peak wet weather wastewater flows that will be generated by the improvements, and such calculation will be subject to confirmation and approval by the District. Further, within ten days after approval by the City, the Developer will provide the District with a copy of all approved site plans and amendments thereto. The Developer is {Wo646173.8} 2 solely responsible for the cost of any infrastructure improvements to the Developer's or the City's wastewater systems that are necessary to enable the City to provide retail wastewater service to the Gardens Tract, including the wastewater line from the Gardens Tract to the Gardens Tract Wastewater Point of Connection (the "Gardens Tract Wastewater Facilities"). It is the intent of the Developer and the City that the Gardens Tract Wastewater Facilities will be dedicated to the City and that the City will accept those facilities for operation and maintenance. The dedication of that infrastructure and acceptance for maintenance will be by regular City process. 4. THE DISTRICT WILL HAVE NO LIABILITY OF ANY KIND OR NATURE WITH RESPECT TO THE GARDENS TRACT WASTEWATER FACILITIES, AND THE DEVELOPER WILL. INDEMNIFY, DEFEND, AND HOLD THE DISTRICT HARMLESS FROM AND AGAINST ANY AND ALL COSTS, DAMAGES, LIABILITIES (INCLUDING REASONABLE ATTORNEYS' FEES AND COSTS OF LITIGATION), SUITS, ACTIONS, LEGAL, OR ADMINISTRATIVE PROCEEDINGS, DEMANDS,. FINES, PUNITIVE DAMAGES, LOSSES, COSTS, OR CLAIMS OF ANY KIND OR NATURE (COLLECTIVELY, "COSTS") THAT ARISE BECAUSE OF OR IN CONNECTION WITH THE USE, OPERATION, OR MAINTENANCE OF THOSE FACILITIES. SUCH OBLIGATION APPLIES WHETHER ACTUAL OR ALLEGED NEGLIGENT ACTS OR OMISSIONS OF THE DISTRICT CAUSED THE LOSS IN WHOLE OR IN PART; PROVIDED HOWEVER, IN THE EVENT OF ANY JOINT OR CONCURRENT LIABILITY BETWEEN THE DISTRICT AND THE DEVELOPER, THE DEVELOPER'S OBLIGATIONS HEREIN WILL BE REDUCED BY THE PERCENTAGE OF NEGLIGENCE OR FAULT APPORTIONED TO THE DISTRICT. 5. The Developer and the City will be responsible for ensuring that all discharges of industrial waste from the Gardens Tract comply with federal, state, and municipal requirements regarding pretreatment and monitoring of industrial waste and other prohibited waste. Any compliance or enforcement efforts or pretreatment requirements will be established and monitored by the City in accordance with the City's ordinances; however, the District will be entitled to inspect the facilities constructed to serve the Gardens Tract and the connections at the Wastewater Points of Connection and to test the wastewater received at the Wastewater Points of Connection. If any test reflects that any wastewater other than domestic wastewater is being received at the Wastewater Points of Connection, pretreatment of such wastewater will be required, in accordance with the City's ordinances, at the expense of the discharging party. The City will not impose any fee, charge, or fine upon the District for any violation of any ordinance, rule, regulation, or agreement caused by wastewater received at the Wastewater Points of Connection, nor will the City impose upon the District any surcharge that is caused by wastewater received at the Wastewater Points of Connection. 6. Except as expressly authorized by this Agreement for pass-through wastewater service to the Gardens Tract, neither the Developer nor the City may connect, or allow any other person or entity to connect, directly or indirectly, any facilities, persons, or property to the District's water or wastewater utility systems lWo646173.81 3 COPY without the prior written consent of the District. If the Developer or the City does so, the District may immediately terminate this Agreement and/or require the Developer or the City, as applicable, to immediately terminate service to the facilities, persons, or property that have been connected in violation of this Agreement. The District reserves the right to deny for any reason any request by the Developer or the City to increase the level of service under this Agreement or to serve any facilities, persons, or property outside of the Gardens Tract. To be clear, this Agreement authorizes only wastewater service to the Gardens Tract using the District's wastewater system on a pass-through basis. The City will provide retail water service to the Gardens Tract directly from City -owned water facilities, and neither the Developer nor the City may utilize any District facilities to provide water service to the Gardens Tract. C. Wastewater Lift Station Operation and Maintenance Payment. On or before October 31st of each year during the term of this Agreement, the City will pay the District an annual fee of $6,075, representing $3.75 per LUE per month for the operation and maintenance of the District's lift station used to provide pass-through wastewater service to the Gardens Tract under this Agreement. This payment will be in addition to any other payments required by this Agreement. Interest charges for any overdue payment shall be paid by City in accordance with Texas Government Code Section 2251.025. The $3.75 per LUE charge may be adjusted by the District annually to reflect the actual reasonable and necessary costs of operating and maintaining the lift station; provided, however, the District shall provide written notice to the City of any adjustment at least thirty days prior to the effective date of such adjustment. D. Capacity Charge. The Developer must pay to the District a non-refundable capacity charge of $1,569.35 per LUE for the 135 LUEs of pass-through wastewater service capacity made available under this Agreement to the Gardens Tract (the "Capacity Charms"). The Capacity Charge for 67 of the 135 total LUEs (i.e., $105,146.45) must be paid on or before ten days after the Annexation and PUD Zoning Condition (defined below) is satisfied (the "Initial Capacity Paumene,). The Capacity Charge for each of the remaining 68 LUEs must be paid by the earlier of (i) ten days after the City approves a site plan application that includes such LUE(s); or (ii) three years after the Effective Date (the "Capacity Charge Payment Deadline"). The Capacity Charge for all or any of the 135 LUEs may be prepaid at any time; however, if the District has not received full payment of the Capacity Charge for all 135 LUEs by the Capacity Charge Payment Deadline, then the capacity of the pass-through wastewater service made available to the Gardens Tract under this Agreement will be limited to the number of LUEs for which payment has been received as of the Capacity Charge Payment Deadline. E. Annexation; PUD Zoning. The District's obligations under this Agreement are contingent upon the full purpose annexation of the Gardens Tract by the City and final approval by the City of planned unit development ("PUD") zoning for the Gardens Tract reasonably acceptable to the District (the "Annexation and PUD Zoning Condition'). The City will notify the District within five days after the Annexation and PUD Zoning Condition has been finally satisfied. If the Annexation and PUD Zoning Condition has not been finally satisfied on or before six months after the Effective Date, the District may terminate this Agreement. The Developer and the City agree that, once the Annexation and PUD Zoning Condition is satisfied, (i) the PUD zoning for the residential portion of the Gardens Tract may not be changed or modified in a manner that would allow the Developer to place more than 12o detached single-family residential {Wo646173.81 4 COPY structures on the Gardens Tract without the prior consent of District; and (ii) the PUD zoning for the commercial portions of the Gardens Tract may not be changed or modified in any material manner without the prior consent of the District. F. Development in Accordance with Concept Plan. The Developer agrees that the Gardens Tract will be developed as detached single-family residential and commercial uses in accordance with the land plan attached as EXHIBIT "C" (the "Land Plan"). Any material deviations from or changes to the Land Plan will be subject to the District's prior written approval. G. Restrictive Covenant. On or before the Effective Date, the Developer must deliver an original of the Restrictive Covenant attached as EXHIBIT "D" to the District for recording, executed and acknowledged by the current legal owner(s) of the Gardens Tract, and joined in by any holders of liens against such property. H. Fence Behind 1.2 Acre Commercial Parcel. The Developer is required to construct a masonry fence behind the 1.2 acre commercial parcel within the Property, as depicted on the fencing legend attached as EXHIBIT "E", at or before the time that the 1.2 acre commercial parcel is developed. The exact type of fencing will be subject to the District's reasonable approval in order to ensure that such fencing is consistent and harmonious with other subdivision fencing within the District. I. Payment for Retail Service. The City will bill wastewater customers within the Gardens Tract directly for retail wastewater services furnished to such customers. Section 3. Default. In the event of default by a Party, each nondefaulting Party may give to the defaulting Party written notice of such default specifying the failure or default in question. If the defaulting Party fails to fully cure the default specified in such notice within thirty days after receipt of such notice, each nondefaulting Party will have the right to terminate this Agreement as of the date of the event of the default and/or pursue all other legal or equitable remedies. Each nondefaulting Party may employ attorneys to pursue its legal rights and, if it prevails before any court or agency of competent jurisdiction, the defaulting Party will be obligated to pay all expenses incurred by the nondefaulting Party, including reasonable attorneys' fees. In addition to all other remedies available to the District, if, for any reason, the Developer or the City violates any provision of this Agreement, the District will, after the notice and opportunity to cure period described above, have the right to disconnect the Gardens Tract from the District's systems and to terminate this Agreement if, in which event, the Developer will be solely responsible for all actual costs and standard District fees related to disconnection from the District's systems. Section 4. Severability. The provisions of this Agreement are severable, and if any provision or part of this Agreement or the application thereof to any person or circumstance is ever be held by any court of competent jurisdiction to be invalid or unconstitutional for any reason, the remainder of this Agreement and the application of such provision or part of this Agreement to other persons or circumstances will not be affected thereby. Section 5. Modification. This Agreement will be subject to change or modification only with the mutual written consent of all Parties. Section 6. Assignability. This Agreement may not be assigned by the Developer or the City, in whole or in part, without the prior written consent of the District. Notwithstanding the foregoing, (a) the Developer may partially assign its right, title, and interest in and to this fW0646173.81 5 COPY Agreement with respect to the residential portion of the Gardens Tract depicted on the Land Plan (the "Residential Area") to RMD Holdings, LP, a Texas limited partnership ("RAD'); and (b) RMD may then assign such interest in this Agreement to The Gardens at Mayfield, LLC, a limited liability company organized under the laws of the State of Mississippi that is registered to do business in the State of Texas, provided that, in each case, the applicable assignee accepts such assignment, assumes and agrees to perform all of the Developer's obligations hereunder as to the Residential Area, and promptly provides written notice of the assignment to the District and the City, which notice must include a copy of the assignment and assumption instrument and contact information for the assignee for purposes of notice under this Agreement. Further, it is contemplated that The Gardens at Mayfield, LLC may subsequently assign its rights under this Agreement to a property or homeowner's association established under a properly recorded condominium declaration that encompasses the Residential Area; however, .any such assignment will be subject to the District's reasonable approval. This Agreement may be recorded in the Official Public Records of Williamson County, Texas, runs with the land comprising the Gardens Tract, and is binding upon and inures to the benefit of the Developer, the District, the City, and their respective successors and permitted assigns. Section 7. Applicable Law. This Agreement will be governed by, and construed in accordance with the laws of the State of Texas. All of the obligations contained in this Agreement are performable in Williamson County, Texas. Section 8. Parties at Interest. This Agreement will be for the sole and exclusive benefit of the Parties hereto and will never be construed to confer any benefit to any third party. Section 9. Waiver. Each Party may specifically, but only in writing, waive any breach of this Agreement by another Party, but no such waiver will be deemed to constitute a waiver of similar or other breaches by such other Party. Section:Lo. Notices. All notices to the District must be in writing and mailed by Certified Mail, Return Receipt Requested, addressed to: Vista Oaks Municipal Utility District c/o Armbrust & Brown, PLLC Attn: John W. Bartram loo Congress Avenue, Suite 1300 Austin, Texas 78701 with a copy to: Vista Oaks Municipal Utility District c/o Crossroads Utility Services LLC Attn: Andrew Hunt 26oi Forest Creek Drive Round Rock, TX 78665 All notices to the Developer must be in writing and mailed by Certified Mail, Return Receipt Requested, addressed to: Palmer Investments, LP Attn: Michael Palmer 110 E Main Street Round Rock, Texas 78664 {Wo646173.8} 6 COPY with a copy to: D. Scott Hesslemeyer, P.C. 211 Round Rock Blvd. Round Rock, Texas 78664 All notices to the City must be in writing and mailed by Certified Mail, Return Receipt Requested, addressed to: City of Round Rock c/o City Manager 221 East Main Street Round Rock, Texas 78664 with a copy to: City of Round Rock c/o: Sheets & Crossfield, P.C. Attn: Charlie Crossfield 3og East Main Street Round Rock, TX 78664 Any Party may change its address by giving written notice of such change to the other Parties. Section 11. Term. This Agreement will be in force and effect for a term of ten years from the Effective Date. Section 12. Effective Date. The effective date of this Agreement (the "E ective Date") is the date that the District executes this Agreement after receipt of fully executed original counterparts from the Developer and the City. Section 13. Multiple Originals. This Agreement may be executed in a number of counterparts, each of which will for all purposes, be deemed to be an original, and all such counterparts will together constitute and be one and the same instrument. Section 14. Entire Agreement. This Agreement, including Exhibits, constitutes the entire agreement of the Parties and supersedes all prior agreements and understandings related to the subject matter hereof. Section 15. Authority. Each Party represents and warrants that it has the full right, power, and authority to execute this Agreement and all related documents. Each person executing this instrument on behalf of a Party represents that he or she is an authorized representative of and has the authority to sign this document on behalf the respective Party. IN WITNESS WHEREOF, the Parties have caused this Agreement to be executed as of the dates set forth below to be effective as of the Effective Date. [counterpart signature pages follow] f Wo64617S.8J 7 COPY COUNTERPART SIGNATURE PAGE TO AGREEMENT FOR PASS-THROUGH WASTEWATER SERVICE [GARDENS AT MAFIELD RANCH] DISTRICT• VISTA OAKS MUNICIPAL UTILITY DISTRICT Douglas Mink, President Board of Directors Date: THE STATE OF TEXAS COUNTY OF WILLIAMSON § This instrument was acknowledged before me on , 2015, by Douglas Mink, President of the Board of Directors of Vista Oaks Municipal Utility District, a political subdivision of the State of Texas operating under Chapters 49 and 54 of the Texas Water Code, on behalf of said district. (seal) Mo646173.81 8 Notary Public Signature COPY COUNTERPART SIGNATURE PAGE TO AGREEMENT FOR PASS-THROUGH WASTEWATER SERVICE [GARDENS AT MAFIELD RANCH] DEVELOPER: PALMER INVESTMENTS, LP, a Texas limited partnership By: PALMER GROUP, LLC, a Texas limited liability company, its General Partner By. rn 2R Name: t Title: M ern b� Date: 51 // ,57120( 5 THE STATE OF TEXAS § COUNTY OF WILLIAMSON § his inent was wle ged before me on S , 2015, by of Palmer Group, 4C, a Texas limited *abitycompany, General Partner of Palmer Investments, LP, a Texas aited partnership, on behalf of said limited liability company and limited partnership. Mo646173.81 9 0&te�o /�Su�L��/ Ti / /I • • .�/P• 4/hature wesf Texas,036 M Mo646173.81 9 0&te�o /�Su�L��/ Ti / /I • • .�/P• 4/hature COPY COUNTERPART SIGNATURE PAGE TO AGREEMENT FOR PASS-THROUGH WASTEWATER SERVICE [GARDENS AT MAFIELD RANCH] CITY: CITYOUND ROCK, TEXAS By: /L�� Alan McGraw, Mayor Date: • 2�7' 5 THE STATE OF TEXAS § COUNTY OF WILLIAMSON § This instrument was acknowledged before me on'2� , 2015, by Alan McGraw, Mayor of the City of Round Rock, Texas, a home rule municipality located in Williamson County, on behalf of said municipality. (seal) SARA LEIGH WHITE " MY COMMISSION EXPIRES July 11, 2016 {Wo646173.8} 10 Notary Public Signature COPY CONSENT AND SUBORDINATION BY LIENHOLDER R Bank, a Texas state bank ("Lender"), is the present legal and equitable owner and holder of certain indebtedness of Palmer Investments, LP, a Texas limited partnership ("Owner"), which is secured by, among other things, a deed of trust lien granted in a Deed of Trust dated April 24, 2014 from Owner to Mike Shaw, Trustee, recorded under Document No. 2014033o87, Official Public Records of Williamson County, Texas (the "Lien"). Lender hereby joins in this Agreement for Pass -Through Wastewater Service f Gardens at Mayfield Ranchl (the "Agreement") for the sole purpose of consenting to the Agreement and subordinating the Lien and all other liens it may have securing such indebtedness to the Agreement. The undersigned has the authority to execute this Consent and Subordination on behalf of Lender and represents, in that regard, that all corporate action has been taken by Lender to make this a binding Consent and Subordination. LENDER: R BANK, a Texas state bank By: Pri Name: L I-Aau- t -r �-vE Title:_ &—uP THE STATE OF TEXAS COUNT'S.' OF VY M k c Amti -QA § This instrument was acknowledged before me on \ , 2015, by 5' kA"S " 11 "—rl_ze - of R Bank, a Texas state bank, on behalf of said bank. `1'pY PV94i LISA MASCA10 �= Notary Public, State of Tex (seal) 3�, 'yr' My Commission Expires Notary Public Signature June 09, 2019 {Wo646173.8} 11 COPY EXHIBIT "A" GARDENS TRACT sERLr Landesigx. Service,Ing. 1220 11ricN01 Road Z�fl1�T4] N Suite 200 L`RXID. MORS Round'Roek, Texas 78681 . Firm Registration No. 10001800 512oe238-79.01 office Sr 2o�Z- 512-238-7902 fax EXHIBIT METES AND BOUNDS DESCRIPTION —TRACT 1 BEING 5.000 ACRES OF LAND, SURVEYED BY LANDESIGN SERVICES, INC.,. OUT OF JOHN D. ANDERSON SURVEY, ABSTRACT NO. 16, AND BEING A PORTION OFA 38.51 ACRE TRACT CONVEYED TO PALMER INVESTMENTS L.P., RECORDED IN DOCUMENT NUMBER 2004632283 OF THE OFFICIAL PUBLIC RECORDS OF WILLIAMSON COUNTY, TEXAS (O.P.R.W.C.T.) AND BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: COMMENCING at a 112" rebar found with 'cap marked "RJ Surveying" in the east line of said 38.51 acre tract, in the west line of a called 237.026 acretract recorded in Document No. 20010.40254 of the O:P:R.W C.T_, for the northeast corner of a called 3.936 acre tract described as Arterial 14 -in Document No. 20060/3003 of the O.P.R.T.C.T. THENCE crossing through said 38.51 acre tract and the .north line ofsaid Arterial H the following two (2) courses: 1_ Along a curve to the right, having..a.radius of 1350,00 feet, a delta angle of 34`43'05", a length of 818:02 feet and a chord which bears South 51'36'32" West a distance of '805.57 feet to a 1.12" iron rod found with cap marked "Rd Surveying' 2. South 68'58'04" West a distance of 497.44 feet to a 1/2" iron rod with cap marked "LANDESIGN set for the POINT OF BEGINNING; THENCE South 6858'04' West with the north line of said Arterial H a distance of 408.90 feet to a calculated point:in the existing east right: of -way line of Sam Bass Road (County Road 175) (R.O.W. Varies), the west line of said 38.51 acre tract and the northwest corner of said 3.936 acre tract, from which a 1/2" iron rod found with cap marked "RJ Surveying" bears North 75°30'1.7" West.a distance of 0.54 feet; THENCE along the existing east right-of-way line of said Sam Bass Road and west line of said 38.51 acre: tractahe following two (2) courses: 1. Along a curve to the left,having a radius of 1101.91 feet, a delta angle of 17'36'13", a length of 340;40 feet and a chord which bears North 37'33'51" West a distanice of 339.06 feet to a 1/2"' iron: rod found with cap marked "CCC 4835"; Page 1 of 2 LM S= Sam 821SIFNOTESITRACT 1.d= (W0646173.81 COPY 2. North 46018'04" West a distance of 152.85 feet to a 1/2" iron rod with cap marked "LANDESIGN" set; THENCE crossing through said 38.51 acre tract the following four (4) courses; 1.. North 43'1:0'03" East a distance of 206,58 feet to a 112" iron rodwith cap marked "LANDESIGN"set; 2. Along a. curve to the right, having a radius of 1.08.00 feet, a.delta angle of 60'574.1", a length of 11:4.91 feet and a chord which bears North 7CO 1849" East a distance of 109.57 feet to a 1/2" iron rod with cap rharked "LANDESIGN" set; 3. South 7645'23" East a distance of 202.17 feet to a 1/2" iron rod with cap marked "LANDESIGN" set; 4: South 340.55'36" East a distance of 449.91 feet to the POINT OF BEGINNING. This parcel contains 5.000 acres of land, out of the John D. Anderson Survey No. 16, In Williamson County, Texas. Description prepared from an on -the -ground survey made during October, 2014. All hearings are based Texas Central Zone 4203 State. Plane Grid, derived from VRS. Coordinates provided by the Texas Cooperative Network Reference Stations and where. scaled from point number 1 utilizing a scale.factoj- of 11.00o1266062 Page 2 of 2 0.138= Som u]n1FNoTEs%TRhcTu: =x 1W0646173.81 COPY Landesign Services, Inc, 1220 McNeil Road Suite 9.00. Round Rock, Texas 78681. Firm Registration No. 10001800 512:238-7901 office 512-2-38-7902 fax EXHIBIT" " METES AND BOUNDS DESCRIPTION — TRACT 2 BEING 28.260 ACRES OF LAND, SURVEYED BY LANDESIGN SERVICES, INC., OUT OF JOHN D. ANDERSON SURVEY, ABSTRACT NO. 16, AND BEING A PORTION OF A 38.51 ACRE TRACT CONVEYED TO PALMER INVESTMENTS L.P., RECORDED IN DOCUMENT NUMBER 2004032263 OF THE OFFICIAL PUBLIC RECORDS OF WILLIAMSON COUNTY, TEXAS (O.P.R�.W.C.T.) AND BEING MORE PARTICULARLY DESCRIBED. BY METES AND BOUNDS AS F.OLLOWS:. POINT OF BEGINNING at a 1/2" rebar found with cap marked "RJ Surveying" in the east line of said 38.51 acre tract, in the west line of a called 237.026 acre tract recorded in Document No. 2001040254 of'the O.P.R.W.C.T. for the northeast comer of a called 3.936 acre tract described as Arterial H in Document No. 2006013003 of the. O.P.R.T.C.T. THENCE crossing through said 38.51 acre tract and the north line of said Arterial H the following two (2) courses: 1. Along a curve to the right, having a radius of 1350.00 feet, a: delta angle of 34'43'05", a length of 818.02 feet and a chord which bears South 51'36'32" West a distance of 805,57 feet toa 1/2" iron rad found with cap marked "RJ Surveying"; 2. South 68'58'04" Westa distance of 497:44 feet to a 1/2" iron rad with cap marked "LANDESIGN" set for the; THENCE crossing through said 36.51 acre tract the following four (4) courses: 1. North 34'55'36" West a distance of 449.91 feet to a 7/2" iron rod with cap marked "LANDESIGN"-set'. 2. North. 7604523" West a distance of 202.17 feet to a 1/2" iron rod with cap marked "LANDESIGN" set;. 3. Along a curve to the left, having a radius of 108.00 feet, a delta angle of 60'5741", a length. of 114.91 feet and a chord which bears South 70°18'49" West a distance of 109.57 feet to a 1/2" iron rod with cap marked "LANDESIGN" set; Page 1 of 2 UMa-Sam ao WN0TEMTRACL2d= iW0646173.81 COPY 4. South 43°10'03° West a distance of 206.58 feet to a 1/2" iron rod with cap marked "LANDESIGN" set in the existing, east right-of-way lirie of Sam Bass Road (County Road 175) (R.O.W. Varies) and the west line of said 38.51 acre tract; THENCE North 46°18'04" West along the existing east right-of-way line of said Sam Bass Road and the west line of said 38.51 acre. tract a distance of 1:b5.46 feet to a calculated point for the northwest corner of said 38.51 acre tract and in the west line. of said 237:026 acre tract; THENCE North 55°25`47".East with the north line of said 38.51 acre tract and the west line of said 237.026 acre tract a distance of 20:30 feet to a 1/2" iron rod found with cap marked "$OLIS KANAK' for the northwest corner of a 0.037"acre" tract recorded in Document No. 2003052999 of the. O.P.R.W.C.T.; THENCE South 46021'24" East crossing through said 38.51 acre tract.and with the west line of said .0.037 acre tract a distance of 40:86 feet to a 1/2" iron rod found with cap marked "SOLIS KANAK" for the southwest comer of said 0.037 acre tract; THENCE North 55024'56" East crossing through said 38.51 acre tract and the south line of. said 0.037 acre tract a distance of 40.85 feet to a 1/2" iron rod found with cap marked "SOLIS KANAK" forthe southeast corner of said 0.037 acre tract; THENCE North 46'1656" West -crossing through said 38.61 acre tract and the east line of said 0.037 acre tract a distance of 40.83 feet to a 112" iron rod found with .cap .marked "SOLIS KANAK" for the northeast corner of said 0.037 acre tract,. in the north line of said 38.51 acre'tract and the west line of said 237.028 acre tract; THENCE North 55°25'47" East with the north line of said 38.51 acre tract and the west line of said' 237.026 acre tract a distance of 1906.45 feet to a 1/2" iron rad found for the northeast corner of said 38.51 acre tract;. THENCE South 20`21'33" East with the east line of said .38.51 acre tract and the west line of said 237.026 acre tract a distance of 824.17 feet to the POINT OF BEGINNING. This parcel contains 28.260 acres of land, out of the John D. Anderson Survey" No. 16, in Williamson County, Texas. Description prepared from an on -the -ground survey made" during October, 2014. All bearings are based Texas Central Zone 4203 State Plane Grid, derived from VRS Coordinates provided by the Texas Cooperative Network Reference Stations and where scaled from point number 1 utilizing a scale factor of 1.0001266062 Joseph Beavers Date Registered. Professional Land Surveyor State of Texas No. 4938 Job Number. 355-14-01 Altac6ehrs: Survey Drawing LA8 ac. Sam Bass0WGS13550101.dwg Page 2 of 2 00a 4c Ssm 9aSSTNOTEWRAM?.do= (W0646173.8) COPY L -1n es gn Services, Inc, 1220 McNeil Road Suite 200 Round Rock,.Texas 78681 Firm Registration No. 10001800 512-238-.7901 office 512-238-7902 fox EXHIBIT " " METES AND BOUNDS DESCRIPTION —TRACT 3 BEiNG 1.266 ACRES OF LAND, SURVEYED. BY LANDESI.GN SERVICES, INC., OUT OF JOHN D. ANDERSON SURVEY -;..ABSTRACT NO. 16, AND.AND BEIRG`A PORTION OF A 38.51. ACRE TRACT CONVEYED TO PALMER INVESTMENTS L.P.,. RECORDED 1N DOCUMENT NUMBER. 2004032263 OF THE OFFICIAL PUBLIC RECORDS OF WILLIAMSON COUNTY, TEXAS (O.P.R.W.C.T.) AND BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: COMMENCING at a 112" rebar found .with cap marked "RJ Surveying." in the east line of said. 38.51 acre tract; in the west line of a called 237.026 acre tract recorded in Document No. 2001040254 of the O:P.R.V G.T. for the.northeast comer of a called 3.9.36 acre tract described as Arterial H in Document.No. 2006013003 of the O.P.R.W.C.T. THENCE South 20'21'33" East with the east line of said 3.936 acre tract and the west line of said 237.026 acre tract a distance of 120.60 feet to a nail found for the POINT OF BEGINNING, THENCE South 20'21'33" East with east line of said 3.8.51 acre tract and the west line of said 237.026 acre tract a distance of 224.99 feet to a fence post for the southeast corner of said 38.51 acre tract, the southwest corner of said 237.026 acre tract.and in the north line of Lot 24A, Block A,. Vista Oaks Section 5B, Phase 2 a subdivision of record in Document No. 200058131 of the O.P.R.W.C.T.; THENCE along the south line of said 38.51 acre tract and: the north line of said Block A, Vista Oaks, Section 5B, Phase 2 and the north line of Block A; Vista Oaks, Section 6C a subdivision of record in Document Nb..2000027589 of the O.P.R.W.C.T. the following fiNo (2) courses: 1. South 694252" West a distance. of 39.9.90 feet to a 1/2" iron rod found;. 2. South 68°58'04" West a distance of 364.95 feet to a 1/2" iron rod found in the north line of Lot 37, Block A, Vista Oaks, Section 6C and in the south iine of said 3.936' acre tract; Page 1 of 2 L•VS as Sam euSIFgOTES'rRACT ad= (W0646173.8) COPY THENCE along a curve to the left, crossing through said 38.51 acre tract and With the south line of said 3.936 acre tract having 'a radius of 1450.0.0 feet, a delta angle of 31'57'25!', a length of 808.84 feet and a chord Which bears North 52'59'22" East a distance. of 798.30 feet to the POINT OF BEGINNING. This parcel contains.1.266 acres of land, out of the John D. Anderson Survey No. 16, in Williamson County, Texas: Description prepared from 'an on -the -ground survey made during October, 2014. All bearings are based Texas Central Zone 4203 State Plane Grid, derived from VRS Coordinates provided by the Texas Cooperative Network Reference Stations and. Where scaled from point number 1 utilizing a scale factor of 1.0001266062 Registered Professional Land Surveyor State of Texas No. 4938 Job Number. 355-1'4-o1 Attachments: Survey Drawing LA38 ac. Sam BassiDWGS13550.101..dwg Page 2 of 2 U38a�Samoi sx aTEsWaACT.3.dga (W0646173.8} COPY EXHIBIT "B" DEPICTION OF CITY WASTEWATER LINE SEGMENT AND WASTEWATER POINTS OF CONNECTION Mllniwi\1 N0 Y.ld\IMIi'Ow.rr.RVMtM 1rwWballKmt lrtS\wl O�t•I CM LaaGt tw��t Oti4.�MiCli ILOi ul M tCplpiC (W0646173.81 i _�, '� ♦��. COPY K,S=11T 4KD29 RESTRIC11VE COVENANT THE STATE OF TEXAS § COUNTY OF WILLIAMSON § WIMKEAS, PALMER INVESTMENTS, LP, a Texas limited partnership (the " ner") is the owner of that real property situated in Williamson County, Texas, which is more particularly described on Exhibit "A", attached hereto and incorporated herein by reference (the "Pro e "); and WHEREAS, as a condition to the provision of wastewater service to the Property, Vista Oaks Municipal Utility District (the "District"), the City of Round Rock, Texas, and the Owner have agreed that the Property should be impressed with certain covenants and restrictions running with the land and desire to set forth such agreement in writing; NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Owner agrees as follows, which agreement will be deemed a covenant running with the land comprising the Property and be binding on the Owner, its successors and assigns: 1. Except as otherwise expressly provided by this Paragraph i, the use of the Property is restricted to uses which discharge wastewater that does -not constitute "nondomestic sewage", as defined by Section 44-81 of the Code of the City of Round Rock, as amended from time to time (the "Pretreatment Program"), and the discharge of nondomestic sewage is not permitted from any use within the Property. If the wastewater discharged by any use constitutes nondomestic sewage, the Owner is required to pretreat the wastewater prior to its release from the portion of the Property at which the use is located, in accordance with requirements of the Pretreatment Program. Any fees or charges incurred or imposed in connection with the discharge of nondomestic sewage from any portion of the Property will be the sole responsibility of the discharging party. 2. No changes may be made to the use of the Property that would change the wastewater characteristics from domestic sewage, except when in compliance with Paragraph 1 above. Nor may any changes be made to the use of the Property that would increase the quantity of wastewater generated into the District's wastewater collection system by the Property to more than 135 living unit equivalents of pass-through wastewater utility service, not to exceed, under any circumstances, an aggregate peak wet weather wastewater flow of 126 gpm, without approval of the District, its successors or assigns. 3. Owner covenants and agrees that the wastewater collection facilities constructed within the Property will not be connected to, or receive wastewater from, any wastewater facilities located outside the boundaries of the Property. Owner, its successors and assigns, will not permit any wastewater generated outside the boundaries of the Property to be passed through to or received by the District's wastewater collection system. 4. No portion of the Property may contain a sexually oriented business as defined in Section 6-55, Round Rock City Code, as amended from time to time. 5. No bar, nightclub, or other establishment generating 51% or more of its revenues from the sale of alcoholic beverages, including any parking area designated to serve any such {WOW173.81 COPY business, maybe located within 600 feet of the District's boundaries. 6. No portion of the Property may contain a commercial boarding kennel (indoor or outdoor), animal daycare or grooming facility, or veterinary clinic. 7. Periodic inspections will be performed by the District to monitor ongoing maintenance and compliance with this covenant and agreement. 8. If any person or entity purposely violates or attempts to violate the foregoing agreement and covenant, the District, or its successors or assigns, may impose a fine or fines, terminate pass-through wastewater service, and/or prosecute proceedings at law or in equity against the person or entity violating or attempting to violate this covenant and may prevent that person or entity from violating or attempting to violate this covenant. Each day of violation will constitute a separate offense. Any expenses associated with the enforcement of this agreement and covenant will be borne by and billed to the offending party. 9. If any part or provision of this agreement, and the covenant herein contained, is declared invalid, by judgment or court order, that invalidity will not affect any of the other provisions of this agreement, and the remaining portion of this agreement will remain in full force and effect. 10. Any failure of the District, its successors and assigns, to enforce this agreement and the covenant contained herein, whether the violations are known or not, will not constitute a waiver or estoppel of the District's right to do so. 11. This agreement may be modified, amended, or terminated only by joint action of both (a) a majority of the members of the Board of Directors of the District, or such other governing body as may succeed the Board of Directors of the District, and (b) the owners of the Property at the time of the modification, amendment, or termination. [signature page follows] (WW0646173.8) COPY EXECUTED this -5 day of L'� 2015. PALMIER INVESTAEENTS, LP, a Texas limited partnership By: PALMER GROUP, LLC, a Texas limited liability company, its General Partner By: Name: eP— Title:— Y?n P" THE STATE OF TEXAS COUNTY OF WILLIAMSON § 2015, by : LLC, a Texas limi ed liability company, the General I limited partnership, on behalf of said limited liability Sharon A. Lastrapes Notary PuNk. State of Texas 1.Y Commission E>�'ns l •-•;;.o. �4�'' May 25, 2016 (W06461718) of Palmer Inv 1y and limited Public of Palmer Group, nents, LP, a Texas COPY CONSENT AND SUBORDINATION BY LIENHOLDER R Bank, a Texas state bank ("Lender"), is the present legal and equitable owner and holder of certain indebtedness of Palmer Investments, LP, a Texas limited partnership ("Owner"), which is secured by, among other things, a deed of trust lien granted in a Deed of Trust dated April 24, 2014 from Owner to Mike Shaw, Trustee, recorded under Document No. 2014033o87, Official Public Records of Williamson County, Texas (the "Lien"). Lender hereby joins in this Restrictive Covenant for the sole purpose of consenting to the Restrictive Covenant and subordinating the Lien and all other liens it may have securing such indebtedness to the Restrictive Covenant. The undersigned has the authority to execute this Consent and Subordination on behalf of Lender and represents, in that regard, that all corporate action has been taken by Lender to make this a binding Consent and Subordination. LENDER: R BANK, a Texas state bank By: Pr ed Name: 3' ryo LLr3'�e.a[& Title: eyp THE STATE OF TEXAS COUNTY OFV-I\\1�o nutJ § This instrument was acknowledged before me on _ `� io �,� S , 2015, by ' "�Qc� -, of R Bank, a Texas state bank, on behalf of said bank. LISA MASCARO _ Notary Public. State of Texas fi (seal) MY Commission Expires dune 09, 2019 Notary Public Signature (W0646173.8) COPY EXHIBIT "E" FENCING LEGEND (W0646173.8}