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R-07-05-10-8D1 - 5/10/2007 RESOLUTION NO. R-07-05-10-8D1 WHEREAS, the City of Round Rock has previously entered into an Annexation Agreement ("Agreement") with A.E. Martin for the purposes of providing for an adequate network of wastewater service to serve certain development projects, and WHEREAS, the City Council now wishes to enter into an Amendment to the Agreement, Now Therefore BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS, That the Mayor is hereby authorized and directed to execute on behalf of the City, an Amendment to Annexation Agreement with A.E. Martin, a copy being attached hereto as Exhibit "A" and incorporated herein for all purposes. The City Council hereby finds and declares that written notice of the date, hour, place and subject of the meeting at which this Resolution was adopted was posted and that such meeting was open to the public as required by law at all times during which this Resolution and the subject matter hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act, Chapter 551, Texas Government Code, as amended. RESOLVED this 10th day of May, 2007. LL, Mayor ity of Round Rock, Texas A T: ( �Anj . -M, -k) k J&2&ZVJ31__ CHRISTINE R. MARTINEZ, City Secr tary 0:\wdox\RBSOLUTI\R70510D1.WPD/xmc AMENDMENT TO ANNEXATION AGREEMENT THIS AMENDMENT TO AN ANNEXATION AGREEMENT ("Agreement') entered into the 8`h day of April, 2004 by and between MRS. A.E. MARTIN, ("Developer") and the CITY OF ROUND ROCK, a Texas municipality of the Counties of Travis and Williamson, State of Texas ("City"), filed and recorded in the Deed Records of Williamson County, Texas, under number 2004037282, to provide an adequate network of wastewater service to serve certain development projects. Except for the amendments noted herein, the original Agreement remains in full force and effect. WHEREAS, the Developer desires to transact with a third party to convey a portion of the Property to the Agreement for development; and WHEREAS, the Developer and the City both desire to amend the Agreement in order to facilitate development in the Property and clarify certain language used in the Agreement; NOW THEREFORE,the parties do mutually agree as follows: Section 1, Paragraph D of the Agreement is hereby amended to read as follows: D. Time for Payment. Fees for Tracts A, B, and C as shown on Exhibit "C" shall be paid with the filing of the petition to annex any Tract or Tracts. The fee for Tract D as shown on Exhibit "C" shall be payable in full upon the sale of all or any portion of Tract D. IN WITNESS HEREOF, the parties have executed this Amendment to Annexation Agreement in two (2) counterparts, each of which will be deemed an original on this the day of , 2007. CITY OF ROUND ROCK, TEXAS By: Nyle Maxwell,Mayor DEVELOPER By: Printed Name: Title: EXHIBIT 114436/0114.0767/ps nAn THE STATE OF TEXAS § COUNTY OF TRAVIS § § ACKNOWLEDGMENT BEFORE ME, the undersigned authority, a notary public in and for the State of Texas, on this day personally appeared , know to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that she has authority to act on behalf of , a Texas corporation authorized to do business in Williamson County, and that she executed same for the purposes and consideration therein expressed and in the capacity therein stated. 2007. GIVEN UNDER MY HAND AND SEAL OF OFFICE this the day of Notary Public in and for the State of Texas Notary's Printed Name THE STATE OF TEXAS § COUNTY OF WILLIAMSON § CITY OF ROUND ROCK § ACKNOWLEDGMENT BEFORE ME, the undersigned authority, a notary public in and for the State of Texas, on this day personally appeared Nyle Maxwell, know to me to be the person and officer whose name is subscribed to the foregoing instrument and acknowledged to me that same was the act of the City of Round Rock, and that he executed same for the purposes and consideration therein expressed and in the capacity therein stated. 2007. GIVEN UNDER MY HAND AND SEAL OF OFFICE this the day of , Notary Public in and for the State of Texas Notary's Printed Name 2 DATE: May 2, 2007 SUBJECT: City Council Meeting - May 10, 2007 ITEM: 8.D.1. Consider a resolution to amend the Annexation Agreement between the City and Mrs. A.E. Martin to change the time for payment of the Developer Participation Fees. Department: Planning and Community Development Staff P rson: Jim Stendebach, Planning and Community Development Director Justification: An application for a PUD for the construction of 144 units of Senior Housing on 8 acres of land has been received. This application is tied to tax credit funding, which requires that Zoning be in place prior to approval of funding. The current annexation agreement requires payment of the annexation fee with the application for zoning. The amendment will delay payment to closing the sale of the 8 acres. The seller of the 8 acres would then be able to pay the balance of the annexation fee from closing proceeds. Funding: Cost: The City will continue to carry the cost of financing the $93,600 balance until closing. Source of funds: N/A Outside Resources: N/A Background Information: The current terms of the annexation agreement would prohibit us from bringing the PUD zoning to Council prior to collection of the balance of the annexation fees for Tract "D". Public Comment: N/A EXECUTED DOCUMENT FOLLOWS AMENDMENT TO ANNEXATION AGREEMENT THIS AMENDMENT TO AN ANNEXATION AGREEMENT ("Agreement") entered into the 80' day of April, 2004 by and between MRS. A.E. MARTIN, ("Developer") and the CITY OF ROUND ROCK, a Texas municipality of the Counties of Travis and Williamson, State of Texas ("City"), filed and recorded in the Deed Records of Williamson County, Texas, under number 2004037282, to provide an adequate network of wastewater service to serve certain development projects. Except for the amendments noted herein, the original Agreement remains in full force and effect. WHEREAS, the Developer desires to transact with a third party to convey a portion of the Property to the Agreement for development; and WHEREAS, the Developer and the City both desire to amend the Agreement in order to facilitate development in the Property and clarify certain language used in the Agreement; NOW THEREFORE, the parties do mutually agree as follows: Section 1, Paragraph D of the Agreement is hereby amended to read as follows: D. Time for Payment. Fees for Tracts A. B, and C as shown on Exhibit"C" shall be paid with the filing of the petition to annex any Tract or Tracts. $93,600.00 shall be payable in full upon the sale of all or any portion of Tract D. IN WITNESS HEREOF, the parties have executed this Amendment to Annexation. Agr ent in two (2) counterparts, each of which will be deemed an original on this the day of , 2007. CITY OF K By: _ Mayor DEVELOPER By: a e PrintedName: Title:_ Ow 114436/0114.0767/ps THE STATE OF TEXAS § COUNTY OF WILLIAMSON § ACKNOWLEDGMENT BEFORE ME, the undersigned authority, a notary public in and for the State of Texas, on this day personally appeared R,9, mc, -ni.. , know to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that she has authority to act on behalf of 14 •C%Mow h P', ' a Texas corporation authorized to do business in Williamson County, and that she executed same for the purposes and consideration therein expressed and in the capacity therein stated. 2007. GIVEN UNDER MY HAND AND SEAL OF OFFICE,this the__a_day of _, .�,� LISA MORAVITS I l*% Notary Public,State of Texas L: �a My Comm-9sion Expires Notary Public in and for the State of Texas �; My 29,2007 _ VSti Mt r-1y1,�3 Notary's Printed Name THE STATE OF TEXAS § § CTTY OF ROUND ROCK COUNTY OF WILLIAMSON § ACKNOWLEDGMENT BEFORE ME, the undersigned authority, a notary public in and for the State of Texas, on this day personally appeared Nyle Maxwell, know to me to be the person and officer whose name is subscribed to the foregoing instrument and acknowledged to me that same was the act of the City of Round Rock, and that he executed same for the purposes and consideration therein expressed and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE this the_L�_day of _ 2007. N Public in and for the State of Texas d✓1�c L__ Notary's Printed Name 2