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R2008-087 2008-06-23RESOLUTION NO. R2008-87 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 FOR CONSTRUCTION OF WATER AND SEWER IMPROVEMENTS. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS: Section 1. That certain Development Agreement by and between the City of Pearland, Nova Strategic Solutions and Boardwalk at the Spectrum, 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 with Nova Strategic Solutions and Boardwalk at the Spectrum. PASSED, APPROVED and ADOPTED this the 23~d day of June, A.D., 2008. TO EID MAYOR ATTEST: UN F G R TY CRETAR s>.t 'X; •a-: ;Z: $_: APPROVED AS TO FORM: C~ - ~-_ DARRIN M. COKER CITY ATTORNEY Exhibit "A" R2008-87 File No. 08-0133 Nova Strategic Solutions Ltd. REIMBURSEMENT AGREEMENT THE STATE OF TEXAS § COUNTY OF BRAZORIA § THIS REIMBURSEMENT AGREEMENT (the "Agreement"), is made and entered into by and between NOVA STRATEGIC SOLUTIONS, LTD., a Texas limited partnership, (hereinafter referred to as "Nova Strategic"), BOARDWALK AT THE SPECTRUM, L.P., a Texas limited partnership, (hereinafter referred to as "WaterLights"), and the CITY OF PEARLAND, (hereinafter referred to as "City"). WITNESSETH: WHEREAS, Nova Strategic and WaterLights, (collectively referred to as "Developers"), desire to complete construction of water and sanitary sewer facilities along N. Spectrum Blvd., Promenade Shops Dr., and Spectrum Blvd. in Pearland, Texas, which is more accurately described and depicted on Exhibit "A" attached hereto (the "Improvements"); WHEREAS FURTHER, the Developers desire to share in the cost of constructing the Improvements whereas Nova Strategic shall advance twenty-five percent (25%) of the costs for construction of the Improvements and WaterLights shall advance seventy-five percent (75%) of the costs for construction of the Improvements; WHEREAS FURTHER, City is desirous of entering into an agreement with Developers whereby the Improvements will be constructed to accommodate further development in surrounding areas that require the construction of the Improvements before such development can proceed; and WHEREAS FURTHER, Developers are agreeable to entering into such an agreement, provided City agrees to reimburse Developers for the construction costs incurred by Developers to construct the Improvements; NOW THEREFORE, for and in consideration of the premises and mutual covenants herein contained, the receipt and sufficiency of which are hereby acknowledged, it is agreed as follows: 1. Developers shall install the Improvements in accordance with Exhibit "A" attached hereto. The estimated cost for the Improvements is Four-Hundred Fifty-Seven Thousand Two Hundred Thirteen Dollars ($457,213) (the" Estimated Cost"), as set forth in the City approved Cost Estimate attached hereto as Exhibit "B". Therefore, the total estimated cost to be reimbursed by City to Developers is Four-Hundred Fifty-Seven Thousand Two Hundred Page 1 of 9 ~fhirteen Dollars ($457,213) (hereinafter "City's Cost"). The City shall reimburse Developers pro rata of the percentage of advancements each developer advanced for the costs of the Improvements. Reimbursement shall be made in accordance with Section 4 of this Agreement. 2. LJA Engineering & Surveying, Inc. shall obtain competitive line item bids in accordance with Local Government Code Chapter 252 for the construction of the Improvements in accordance with the plans and specifications. Developers and the City will review the bids and Developers will award a contract to the successfi~l bidder. City reserves the right to reject any and all bids for the construction of the Improvements within ten (10) days following submission to the City for review for good cause, following the expiration of which the bids selected by Developers shall be deemed approved by the City. 3. Following approval of the bids by the City, Developers shall cause construction of the Improvements to commence on or before the date two (2) weeks following the later of such approval, and shall cause the Improvements to be completed in accordance with the plans and specifications within a reasonable period of time. If Developers shall fail to cause construction to commence by the aforementioned date, and following thirty (30) days' written notice to Developers, the City shall have the right to terminate this Agreement. LJA Engineering & Surveying, Inc. and the City Engineer or his designee shall monitor the progress and workmanship of the contractor. Developers shall advance the funds necessary in their pro rata share to pay the contractor for the work performed. 4. 'fhe City shall reimburse Developers in accordance with their proportionate participation in constructing the Improvements. The City shall reimburse Nova Strategic twenty- tive percent (25%) of the total City°s Costs and the City shall reimburse WaterLights seventy- tive percent (75%) of the total City's Costs. Upon completion of the construction of the Improvements, the City agrees to deliver to Developers its pro-rata share of the oversizing payment, which totals an estimated thirty-five percent (35%) of the total Cost Estimate of the Improvements which is estimated to total One Hundred Sixty "Thousand Twenty-Five and 00/100 Dollars ($160,025.00). Thereafter, City agrees to deliver to Developers its pro-rata share of the City's Costs not paid in the oversizing payment, which is estimated to total Two Hundred Ninety Seven "hhousand One Ilundred Eighty-Eight and 00/100 Dollars ($297,188.00) upon collection of the pro-rata contributions from third parties, as described on Exhibit "C" attached hereto. "1'he reimbursement reflects the combined pro-rata contributions from third parties that connect to the Improvements after the lmprovements are constructed. Reimbursement of Developers shall occur within forty five (45) days following collection of pro-rata contributions from third parties connecting to the Improvements as provided in City of Pearland Ordinance No.220-9A. Provided, however, that the City shall not be obligated under any circumstance, except as provided herein, to reimburse Developers for more than 100% of the Cost Estimate contained in Exhibit "B" attached hereto. Any increase beyond 100% of the Cost Estimate shall require City Council approval prior to construction of the improvements that result in the additional costs. If City Council does approve an increase beyond 100% of the Cost Estimate, the City shall be required to reimburse Developers for the additional costs from the construction of the improvements that were approved by City Council. Furthermore, Developers shall be responsible for all additional costs that are not approved as provided herein.". Page 2 of 9 5. The initial term of this Agreement shall be for a period of eighteen (18) months, commencing on the ~5~'' day of J~\ y 2008, and terminating on the -~~ day of ~~.~~,~„(, 2009, provided, however, 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. 6. It is expressly understood that Developers may perform its obligations under this Agreement or may have others perform such obligations. 7. Time is of the essence of this Agreement. However, if a date specified or computed under this Agreement for the performance of an obligation by any party, or for the occurrence of any event provided herein, shall be a Saturday, Sunday or "legal holiday" (defined for purposes hereof as any holiday observed by the City), then the date of such performance or occurrence shall automatically be extended to the next calendar day that is not a Saturday, Sunday or legal holiday. 8. Before any failure of any party to perform its obligations under this Agreement shall be deemed to be a breach, the party claiming such failure shall notify, in writing, the party alleged to have failed to perform of the alleged failure and shall demand performance. No breach of this Agreement may be found to have occurred if performance has commenced to the reasonable satisfaction of the complaining party within 30 days of the receipt of such notice. Upon a breach of this Agreement, the non-defaulting party, in any court of competent jurisdiction, by an action or proceeding at law or in equity, may secure the specific performance of the covenants and agreements herein contained. All parties shall have the affirmative obligation to mitigate its damages in the event of a default by the other party. 9. No breach of this Agreement may be found to have occurred for failure to perform under this Agreement if such failure to perform arises out of causes beyond the control and without the fault or negligence of the Developers. Such causes may include, but are not limited to, acts of God or public enemy, fires, floods, epidemics, quarantine restrictions, freight embargoes, and unusually severe weather. This provision shall become effective only if the Developers immediately notify the City of the extent and nature of the problem, limits delay in performance to that required by the event, and takes all reasonable steps to minimize delays. This provision shall not be effective unless failure to perform is beyond the control and without the fault or negligence of the Developers. 10. Should any of the parties to this Agreement engage the services of attorneys or initiate legal proceedings to enforce its rights or remedies under this Agreement, the prevailing party to such dispute or proceedings shall be entitled to recover its reasonable attorneys' fees and similar costs incurred in connection with the resolution of such dispute or the institution, prosecution or defense in such proceedings, as adjudged by the applicable court, from the non- prevailing party or parties. 11. This Agreement shall become a binding obligation on the signatories and their respective permitted successors and assigns upon execution by all signatories hereto. City warrants and represents that the individual executing this Agreement on behalf of City has full Page 3 of 9 authority to execute this Agreement and bind the City to the same. Nova Strategic warrants and represents that the individual executing this Agreement on its behalf has full authority to execute this Agreement and bind Nova Strategic to the same. WaterLights warrants and represents that the individual executing this Agreement on its behalf has full authority to execute this Agreement and bind WaterLights to the same. 12. If any article, section, subsection, term or provision of this Agreement or the application thereof to any party or circumstance shall, to any extent, be invalid or unenforceable, the remainder of the article, section, subsection, term or provision of this Agreement or the application of same to parties or circumstances other than those to which it is held invalid or unenforceable shall not be affected thereby and each remaining article, section, subsection, term or provision of this Agreement shall be valid and enforceable to the fullest extent permitted by law, provided that no such severance shall serve to deprive either party of the enjoyment of its substantial benefits under this Agreement. 13. Nothing contained in this Agreement shall be deemed or construed by the parties hereto or by any third party to create the relationship of principal and agent, partnership, joint venture or any association between Nova Strategic, WaterLights, and the City. 14. This Agreement shall be a legally binding agreement, in full force and effect, as of the Effective Date as set forth below. 15. This Agreement shall be governed by and construed in accordance with the laws of the State of Texas, and all obligations of the parties created hereunder are performable in Brazoria County, Texas. Venue for any action arising under this Agreement shall lie in the state district courts of Brazoria County, Texas. 16. The exhibits, if any, attached to this Agreement are incorporated herein and shall be considered a part of this Agreement for the purposes stated herein, except that in the event of any conflict between any of the provisions of such exhibits and the provisions of this Agreement, the provisions of this Agreement shall prevail. All titles or headings are only for convenience of the parties and shall not be construed to have any effect or meaning as to the agreement between the parties hereto. Any reference herein to an exhibit shall be considered a reference to the applicable exhibit attached hereto unless otherwise stated. 17. This Agreement constitutes the entire understanding and agreement of the parties as to the matters set forth in this Agreement. No alteration of or amendment to this Agreement shall be effective unless given in writing and signed by all of the parties hereto. 18. This Agreement may be executed in one or more counterparts, each of which shall be deemed an original and all of which shall constitute one and the same document. 19. All notices required or permitted to be given hereunder by one party to the other shall be in writing and same shall be given and shall be deemed to have been served and given upon the first to occur of (i) delivery in person to the address set forth herein below for the party to whom the notice is given, (ii) three (3) days after placing in the United States mail by certified Page 4 of 9 address hereinafter specified, or (iii) one (1) day after deposit into the custody of an express, overnight courier for delivery to the address set forth herein below for the party to whom the notice is given. Any party may change its address for notices under this Agreement by giving formal written notice to the other party, specifying that the purpose of the notice is to change the party's address. For notice purposes, each party agrees to keep the other informed at all times of its current address. The initial addresses of the parties for the purpose of notice in the manner described above under this Agreement shall be as follows: If to Nova Strategic: Nova Strategic Solutions, Ltd. 1155 Dairy Ashford, Suite 300 Houston, Texas 77079 Tel: 281-870-1124 Fax: 281-870-1647 With a copy to: Griffin & Matthews 1155 Dairy Ashford, Suite 300 Houston, Texas 77079 Tel: 281-870-1124 Fax:281-870-1647 If to WaterLights: With a copy to: Boardwalk at the Spectrum, L.P. 14326 Highway 288 South Houston, Texas 77047 Tel: 713-823-2864 Fax: 713-434-3400 Boyar & Miller Attention: Stephen Johnson 4265 San Felipe, Suite 1200 Houston, Texas 77027 Tel: 832-615-4266 Fax: 832-615-4267 If to the City: City of Pearland Attention: City of Pearland Engineering Department 3523 Liberty Drive Pearland, Texas 77581 Tel: 281-652-1649 Fax:281-652-1702 [END OF PAGE -SIGNATURE PAGE FOLLOWS] Page 5 of 9 EXECUTED to be effective for all purposes as of the 2008 (the "Effective Date") Nova Strategic general partner, day of , Solutions, Lt ., by and through its Stiletto Real Estate Investments, LLC By: .__ __ Name: Vince .Casimir Title: Manager Boardwalk at the Spectrum, L.P., by and through its general partner, Boardwalk 288 GP, LLC Name: Tracy E. oswick Title: Manager City of Pearland By: Name: ~ ~ ~ J E /S~n Title: C ~~ ~, , M ~,,~~ ~. 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STORM\5'r\TGR POLLUTIOtd PRIiVf:Nl'ION PLAN COMI'l.Ir1NC'f:, nc' .Lp 5 r,IDD.uD s a,aoD.DD iNCLOUIN^ G@NL'IIAL SOURCE Cqi 1'lltnl. r1VD A1.1.O'I'IIIiR ITGtr1S NO'f Sl'rCIFICAI.L1' 3.15'I'GU Al1OVli, C0~1P1_I9T'I: IN PLACL LS 1 5 S,UOU.00 ~ s,D0U.0U 1'i)!lY()7:f1.O%71!'IilTlirllti: S 37,9U0,00 !'l1TiL 1f41S1Tl:i1JS: S 457,ZI:f.UU Sines Ibe GNGINC•GR has na control ascr the cost ul'lahnr, ntatcrials, nr equipnicnt. nr orer Ibe coulraetmfs) uicihuds oftleteuul+tinU prices, ar over rourpetilive biJJinU or marl;c eundilinux, bis apininns nfpotluhlc I'mjcu Cusl or Conslniclirot Cosl protitlcd Ibr heron aIC In bl: IlrlJC On 1IIL' Ilasts Of 1115 CCperl elll'l` JIIII gnlli 6catians anJ Iepn.'iCn15 1115 Itcst judgetnnn as a Jetitpt professlonaf Pemiliu witlt the constnietinn induxtry, but the i_I:GINGHR ~inaot vul Jocs not yuarantsc that proposals, httls or the Constnretion Cust will no hm the prubabb cost rycpneJ by IQnt, t4 vn+M.u:r.W d,ap,~ prc`lut Eau,:.,r:, ne0 ORDINANCE NO. 220-9A EXHIBIT C AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS, AMENDING ARTICLE 2, RATES AND CHARGES, OF CHAPTER 30, UTILITIES, OF THE CITY OF PEARLAND CODE OF ORDINANCES, AS IT MAY HAVE BEEN, FROM TIME TO TIME, AMENDED, RELATING TO WATER AND SEWER EXTENSIONS, PRO RATA CHARGES, AND OTHER CHARGES ESTABLISHED; PROVIDING A PENALTY FOR VIOLATION; HAVING A SAVINGS CLAUSE, A SEVERABILITY CLAUSE, AND A REPEALER CLAUSE; PROVIDING FOR CODIFICATION, PUBLICATION AND AN EFFECTIVE DATE; AND DECLARING AN EMERGENCY BECAUSE THE NEED TO FAIRLY DISTRIBUTE THE COST OF EXTENDING WATER AND SEWER LINES WHERE THOSE SERVICES ARE NOT AVAILABLE INURES TO THE BENEFIT OF THE PUBLIC AND, THEREFORE, BEARS DIRECTLY UPON THE HEALTH, SAFETY AND WELFARE OF THE CITIZENRY. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS: Section 1. That Article 2, Rates and Charges, of Chapter 30, Utilities, of the City of Pearland Code of Ordinances, be and the same is hereby amended by ADDING subsection (6) to Section 30-44 (a) hereafter provide as follows: "Section 30-44. Pro Rata and Other Charges Established. (a) A charge, which shall be known as the pro rata shall be made against each lot or tract of land, and the owner thereof, whose water or sewer lines shall be hereafter connected with any water mains or sewer mains in the following manner and in accordance with procedures and service area maps promulgated by City staff: (6) Promenade Shops Drive south of North Spectrum Boulevard, Spectrum Boulevard between Promenade Shops Drive and SH 288, north along the SH 288 Frontage Road and east along the Beltway 8 Frontage Road to Fellows Road. Water $ 18.30 per linear foot Sewer $ 11.40 per linear foot (b) In addition to the pro rata charge on water and sewer mains, the property owner must pay all other applicable charges as established by City ordinance. ORDINANCE NO. 220-9A Section 2. That all pro rata charges made against any owner of a lot or tract of land whose water and sewer lines are connected with the City water and sewer mains shall be in accordance with Exhibit "A" attached hereto and incorporated herein for all purposes. Section 3. Penalty. Any person who shall violate the provisions of this section shall be deemed guilty of a misdemeanor and shall, upon conviction by a court of competent jurisdiction, be punished by a fine in any sum not exceeding Two Hundred Dollars ($200.00). Section 4. Declaration of Emergency. The Council finds and determines that the need to fairly distribute the cost of extending water and sewer lines where those services are not available inures to the benefit of the public and, therefore, bears directly upon the health, safety and welfare of the citizenry; and that this Ordinance shall be adopted as an emergency measure, and that the rule requiring this Ordinance to be read on two (2) separate occasions be, and the same is hereby waived. Section 5. Savings. All rights and remedies which have accrued in favor of the City under this Ordinance and amendments thereto shall be and are preserved for the benefit of the City. Section 6. Severability. If any section, subsection, sentence, clause, phrase or portion of this Ordinance is for any reason held invalid, unconstitutional or otherwise unenforceable by any court of competent jurisdiction, such portion shall be deemed a separate, distinct, and independent provision and such holding shall not affect 'the validity of the remaining portions thereof. ORDINANCE NO. 220-9A Section 7. Repealer. All ordinances and parts of ordinances in conflict herewith are hereby repealed but only to the extent of such conflict. Section 8. Codification. It is the intent of the City Council of the City of Pearland, Texas, that the provisions of this Ordinance shall be codified in the City's official Code of Ordinances as provided hereinabove. Section 9. Publication and Effective Date. The City Secretary shall cause this Ordinance, or its caption and penalty, to be published in the official newspaper of the City of Pearland, upon passage of such Ordinance. The Ordinance shall then become effective ten (10) days from and after its publication, or the publication of its caption and penalty, in the official City newspaper. PASSED and APPROVED on First and Only Reading this the 23~d day of June, A. D., 2008 a~~ y ~ TOM REID MAYOR ATTEST: Y UNG ORF N T C Y S CRETARY VOTING RECORD FIRST AND ONLY READING JUNE 23. 2008 ORDINP.NCE NO. 220-9A Voting "Aye"- Councilmembers Owens, Saboe, Beckman Kyle, and Cole APPROVED AS TO FORM: ~~ x • ~ _ DARRIN M. COKER _ CITY ATTORNEY Voting "No"- None. MoSon passed 5 to 0. PUBLICATION DATE: June 25, 2008 EFFECTIVE DATE: July 4, 2008 PUBLISHED AS REQUIRED BY SECTION 3.10 OF THE CHARTER OF THE CITY OF PEARLAND, TEXAS Q as 0 Q C .Z ~ ~ ,~ U X C W ~ C