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R2020-101 2020-05-18RESOLUTION NO. R2020-101 A Resolution of the City Council of the City of Pearland, Texas, authorizing the City Manager or his designee to enter into a Development Agreement with Meritage Homes Co. and the Riverstone Ranch at Clear Creek Homeowners Association, Inc., for the satisfaction of required public access to a section of the Riverstone Ranch Development (generally located along Clear Creek between Hughes Road and the Green Tee development). BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS: Section 1. That certain Development Agreement, a copy of which is attached hereto as Exhibit "A" and made a part hereof for all purposes, is hereby authorized and approved. Section 2. That the City Manager or his designee is hereby authorized to execute and the City Secretary to attest a Development Agreement. PASSED, APPROVED and ADOPTED this the 18th day of May, A.D., 0. AT ST: CAATAL ROAN, TRMC, CMC CITY SECRETARY APPROVED AS TO FORM: DARRIN M. COKER CITY ATTORNEY TOM REID MAYOR DEVELOPMENT AGREEMENT (EXHIBIT A TO RESOLUTION R-2020-101) This Development Agreement (this "Agreement") is entered into this_2�day of Ja , 2020, by and between the CITY OF PEARLAND, TEXAS, (hereina er "City"), MERITAGE HOMES OF TEXAS, LLC, an Arizona limited liability company (hereinafter "Developer"), and RIVERSTONE RANCH AT CLEAR CREEK HOMEOWNERS ASSN., INC., a Texas non-profit corporation (the "HOA"). WHEREAS, The HOA owns certain vacant property described as (i) Reserve "E" of Riverstone Ranch at Clear Creek Section 7, a subdivision in Harris County, Texas according to the plat thereof recorded under Film Code No. 681407 in the Office of the County Clerk of Harris County, Texas, and (ii) Reserve "C" of Riverstone, Ranch at Clark Creek, Section 5, a subdivision in Harris County, Texas according to the plat there recorded under Film Code No. 677546 in the Office of the County Clerk of Harris County, Texas (collectively, the "HOA Property"); and WHEREAS, Pasadena Independent School District ("PISD") owns certain real property within the Riverstone Ranch Development described on Exhibit "A" attached hereto (the "PISD Property"); and WHEREAS, PISD and Developer have determined that it would be in their best interests to have Developer acquire the PISD Property to address development concerns in the Riverstone Ranch Development; and WHEREAS, in order to faciIitatethe transaction, additional public right-of-way located within the HOA Property will be required for access to the PISD Property in the location shown on Exhibit "B" attached hereto (the "ROW"); and WHEREAS, the HOA owns the ROW and has no objection to the City acquiring the ROW and desires to cooperate with the City's efforts to acquire the ROW for use as a road access to the PISD Property; and WHEREAS, Developer will be required to develop the additional right-of-way to serve the Riverstone Ranch Development (hereinafter "Improvements"), and to dedicate said Improvements to the City for operation and maintenance; and WHEREAS, Developer has agreed to pay all costs associated with City's acquisition of the ROW; and WHEREAS, City and Developer desire an agreement to set forth their respective responsibilities with regard to providing the Improvements described herein. WITNESSETH: 510114.000006\4852-9930-8986.0 NOW THEREFORE, in consideration of the foregoing premises and other good and valuable consideration the receipt and sufficiency of which is hereby acknowledged, it is hereby agreed as follows: 1. Required ROW Acquisition: a. Identification of ROW. The ROW to be acquired forthe Improvements is as depicted on Exhibit "B" attached hereto. Developer shall retain a surveyor approved by the City to survey the ROW and prepare the property description and parcel map needed to acquire the ROW. b. Acquisition. Upon receipt of all information needed to obtain the ROW, the City shall diligently pursue the acquisition of the ROW following its normal right-of-way acquisition process (including the use of eminent domain in what will be a "friendly" condemnation process). The City will regularly communicate with the Developer and its engineer on the status of the acquisition process. The HOA consents to the acquisition of the ROW by the City, agrees to support such acquisition, and agrees not to oppose such acquisition in anyway. c. Payment for ROW Acquisition. Prior to the City's initiation of the ROW acquisition process, Developer shall pay all reasonable estimated third - party costs for the ROW acquisition, including, but not limited to surveying, engineering, right-of-way consultant, legal and compensation to property owners ("Estimated Costs") as shown on Exhibit "C" attached hereto. Prior to initiation of the ROW acquisition process, Developer shall make a deposit with the City equal to 125% of the Estimated Costs ("Developer's Deposit"). The City may draw on the Developer's Deposit, as necessary, to pay the ROW acquisition costs. The City shall maintain records of the actual costs for the ROW acquisition process. Developer recognizes that the Estimated Costs represent a good -faith estimate of the ROW acquisition costs and that the actual costs for the ROW could be greater than the Developer's Deposit. In the event withdrawals of Developer's Deposit cause the balance to drop to 10% of the initial fund balance, Developer shall make an additional deposit, within three (3) business days, sufficient to complete the ROW acquisition process ("Additional Developer's Deposit"). In the event the actual costs of the ROW acquisition process are less than the Developer's Deposit and any Developer's Additional Deposit, City shall reimburse the difference between the actual costs and the remaining funds deposited by Developer no laterthan thirty (30) days following City's acquisition and recordation of the deed or Court Judgment. 510114.000006\4852-9930-8986.v4 2 2. The initial term of this Agreement shall be for a period of 180 days, commen ing on theaay of , 2020, and terminating on the 444- d `i� day of a�e,�..b 2020, provided ver, that this Agreement shall be automatically renewed in one (1) month increments until all of the obligations of the parties hereunder have been fully discharged or specifically waived in writing by the beneficiary thereof. 3. This Agreement may only be amended, modified, or supplemented by written agreement and signed by both parties. 4. No assignment by a party hereto of any rights under or interests in this Agreement will be binding on another party hereto withoutthe written consent of the party sought to be bound; and specifically but without limitation moneys that may become due and moneys that are due may not be assigned without such consent (except to the extent that the effect of this restriction may be limited by law), and unless specifically stated to the contrary in any written consent to an assignment no assignment will release or discharge the assignor from any duty or responsibility under this Agreement. 5. Nothing herein is intended to supersede or waive any City ordinance or regulation pertaining to such construction. 6. Whenever possible, each provision of this Agreement shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Agreement is prohibitive or invalid under applicable law, such provision shall be ineffective to the extent of such provision or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Agreement. 7. This Agreement shall be construed and enforced in accordance with and governed by the laws of the State of Texas. 8. To accomplish execution of this Agreement, it may be executed in multiple counterparts. 9. DEVELOPER SHALL KEEP AND HOLD HARMLESS THE CITY, ITS OFFICERS, AGENTS, EMPLOYEES, SUCCESSORS, AND ASSIGNS FROM ANY AND ALL COST, LIABILITY, DAMAGE OR EXPENSE OF ANY NATURE AND HOWSOEVER CAUSED, INCLUDING ATTORNEYS' FEES, CLAIMED OR RECOVERED BY ANYONE BY REASON OF INJURY TO ANY PERSON OR PROPERTY CAUSED BY OR RESULTING FROM THE CITY'S ACQUISITION OF ROW, UNLESS CAUSED IN WHOLE OR IN PART BY THE NEGLIGENCE OF THE CITY, ITS OFFICERS, AGENTS, EMPLOYEES, SUCCESSORS, OR ASSIGNS. 10. The Parties agree that any suit arising out of or related to this Agreement shall 510114.00000614852-9930-8986.v4 3 be filed in Brazoria County Texas. 11. All notices which are required or may be given pursuant to this Agreement shall be in writing and shall be sufficient if delivered personally or by first class mail, postage prepaid, return receipt requested, or by a nationally recognized courier, to the parties and their attorneys at the addresses set out below or such other addresses as the parties or their attorneys may hereafter notify one another: If to City: City of Pearland Attn: Trent Epperson 3519 Liberty Drive Pearland, TX 77581 If to Developer: Meritage Homes of Texas, LLC 3250 Briarpark Drive, Suite 100 Houston, Texas 77042 If to the HOA: Riverstone Ranch at Clear Creek Homeowners Association, Inc. 3250 Briarpark Drive, Suite 100 Houston, Texas 77042 Notice delivered in accordance with the terms hereof shall be effective upon receipt. In witness whereof, the parties have hereunto set their hands and signatures on the date first above mentioned. MERITAGE HOMES OF TEXAS, LLC, an Arizona limited liability company By: David Jordan, Sr. Vic resident of Land 510114.000006\4852-9930-8986.v4 4 CITY OF PEARLAND, a Texas municipal corporation By: Clay Pearson, City Manager RIVERSTONE RANCH AT CLEAR CREEK HOMEOWNERS ASSN., INC., a Texas non-profit corporation By: Its: 510114.000006\4852-9930-8986.v4 CITY OF PEARLAND, a Texas municipal corporation By: Cla ears n City Manag r RIVERSTONE RANCH AT CLEAR CREEK HOMEOWNERS ASSN., INC., a Texas non-profit corporation By: 5101]4.00000614852-9930-8986.v4 EXHIBIT "A" The PISD Property [See attached] 510114.000006\4852-9930-8986.v4 0 0 0 0 rn A 00 N (p 00 a A J �i.'.•w . t l�n r'1.. I Zj�Zt 1 3 kg I ' � I , L-------_ ------ -- ---------------- I I p n.�.v.: e A rtI� 'i I(I I 4 I• I i �+ I PASADENA INDEPENDENT SCHOOL DISTRICT ±---Yz--------------.� — — — — — -- — — -- p LAND TM -E SURVEY r�= Lr I-.� I i '- - - - - - - E%e Zfi o�i�T oriTRACT de THONAS GRFFN SU— �. ,.." + •�.� i'1 e i § 3 3[ ABSTRACT NO. 290 I _. j L _ ..� CrY OF PEARLAND — — — — — — -- — _ — — — — — — ...... NARRIS COUNTY, TEXAS WEST BEFIT 12.j;jAV Al). 2j i;;;,IR Mrt EXHIBIT "B" The ROW - / \ 23 RIVERSTONE RANCH SECTION 7 tics \ 411 •` `•� mss' \ RIVERSTONE RANCH \ SECTION 5 \ ,3 \ \ 5 \ 12 \ \ 510114.00000614852-9930-8986.v4 8 4 N APPROXIMATELY 10 SOFT Nrs. RIVERSTONE RANCH SECTION 7 RESERVE E APPROXIMATELY \\ 12 SOFT RIVERSTONE RANCH SECTION 5 RFSFRVF C EXHIBIT 'C' 04/29/20 WA Enpin*edng, Inc. LM 2919&p Mk 0.. Rias 713-"3SI03 Sae 100 fa 713.%3-021 HKW .T.au 77012 7N9 -F-1311 EXHIBIT "C" Estimated Costs of ROW Acquisition [See attached] 510114.00000614852-9930-8986.0 April 27, 2020 City of Pearland 3519 Liberty Drive Pearland, Texas 77581 Tel: 281.652.1794 pearlandtxgov Meritage Homes of Texas, LLC 3250 Briarpark Drive, Suite 100 Houston, Texas 77042 To whom it may concern: The Estimated cost represent a good -faith estimate of the Right -of -Way acquisition cost pursuant to the development agreement by and between the City of Pearland and Meritage Homes of Texas, LCC. Surveying Appraisal Acquisition Condemnation Land Value Estimated total ROW acquisition cost = I appreciate your cooperation and courtesy with respect to this matter. Sincerely, Anthony Vu Acquisition Manger City of Pearland 510114.000006\4852-9930-8986.v4 10 $1,500.00 $3,000.00 $3,500.00 $15,000.00 $4,500.00 $27,500.00 UTILITY CONVEYANCE AND SECURITY AGREEMENT STATE OF TEXAS § § KNOW ALL PERSONS BY THESE PRESENTS: COUNTIES OF HARRIS § AND BRAZORIA § Harris-Brazoria Counties Municipal Utility District No. 509 (the "District") has acquired certain improvements, structures, and facilities designed to provide water, wastewater, and drainage to serve areas within the District's boundaries and the boundaries of the City of Pearland, Texas (the "City"). For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the District does hereby convey, transfer, and deliver to the City, its successors and assigns those certain facilities described as follows: Those certain facilities (except any detention facilities and the Clear Creek storm water outfall) constructed to date by the District pursuant to the construction contract with Pioneer Construction Services, LLC, dated on or about April 29, 2020, for construction of the Riverstone Ranch at Clear Creek Lift Station expansion to serve the District, Brazoria County Municipal Utility District No. 28, and the The Green Tee Subdivision, which facilities are located within or near the boundaries of the District, and together with any improvements, structures, storm sewer mains, plants, service pumps, storage reservoirs, electrical equipment, plant equipment, distribution lines, collection lines, water mains, lift stations, meters, valves, pipes, fittings, connections, meter boxes, laterals, easements, rights-of-way, licenses, operating rights and all other property therein whether real, personal or mixed, owned by the District in connection with the facilities being conveyed hereby (the "Facilities"). The District has constructed the Facilities and is conveying the Facilities to the City pursuant to the August 1, 2007, Utility Agreement between the City and SHS Partners, Ltd., which was assumed by the District on November 14, 2007 (the "Utility Agreement"). The District, pursuant to Article IV of the Utility Agreement, hereby reserves a security interest in the Facilities to secure the performance of the City's obligations under the Utility Agreement. The District reserves said security interest under Texas law. The District hereby assigns to the City all rights, maintenance bonds, warranties and manufacturer's warranties, if any, owned or acquired by the District for the Facilities. The City hereby agrees by its acceptance of this conveyance to operate and maintain the Facilities in accordance with the terms of the Utility Agreement. IN WITNESS WHEREOF, this conveyance is executed on this 1� �' day of 2020. ATTEST: TE OF TEXAS COUNTY OF HARRIS of Directors HARRIS-BRAZORIA COUNTIES MUNICIPAL UTILITY DISTRICT NO. 509 By: - /f President, Board of Direct ___ This instrument was acknowledged before me on the day of sWtn° De{ - 2020, by -�C_C 1`C�l� "f %C40(?, . as President and 0-e( k- HCA n d" acretary of the Board of Directors of Harris-Brazoria Counties Municipal Utility Distri)CAS: 509, a political subdivision of the State of Texas, on behalf of said political subdivision. \\\1pFV pve�y Notary Pubbc„Sta. a of Texas Not ry Public, Stat of xas Comm. Expires 12-01-2020 130918658 In accordance with the Utility Agreement, as defined above, and the authorization by City Council of the City of Pearland, Texas (the "City") on 20 the City her4y accepts this Utility Conveyance and Security Agreement on this 2-$0'day of kLth) 2020. CI7 ATTEST: ;;i&,2, - By: ity ecre ary APPROVED AS TO FORM: By: City Attorney THE STATE OF TEXAS COUNTY OF BRAZORIA This instru�ent was acknowledged before me on the 4-4 day of �- 2020, by a e6L / S n as i c v of the City of Pearland, Texas, on beha f of said City. PVZ JENIFER K. SMITH Notary Public, State of Texas Comm. Expires 07-15-2022 (NOTARY S Notary ID 844803 tary lNublic, State of Texas AFTER RECORDING RETURN TO: Harris-Brazoria Counties Municipal Utility District No. 509, Attn: Aide Meza; c/o Allen Boone Humphries Robinson LLP, 3200 Southwest Freeway, Suite 2600, Houston, Texas 77027