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R2009-161 - 2009-09-28RESOLUTION NO. R2009-161 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 AGGREKO. 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 and Aggreko, 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 Aggreko. PASSED, APPROVED and ADOPTED this the 28t" day of September, A.D., 2009. TOM REID MAYOR ATTEST: Y N F ,T C S CRETA Y ``O~~~ARLgy~ ,~; M ; i 3y ~", ; fn. APPROVED AS TO FORM: n ~ tr . ~-- DARRIN M. COKER CITY ATTORNEY Exhibit "A" Resolution No. R2009-161 DRIVEWAY AGREEMENT THE STATE OF TEXAS § COUNTY OF BRAZORIA § THIS AGREEMENT ("Agreement"), is made and entered into this ~6 day of ~Q~ , 2009 (the "Effective Date") by and between AGGREKO, hereinafter referred to as "Aggreko" and the CITY OF PEARLAND, hereinafter referred to as "City", whether one or more. WHEREAS, City desires to construct a portion of Magnolia Road and an accompanying overpass ("Road Improvements") that may affect access to Aggreko's facility on Magnolia Road; and WHEREAS, City is desirous of entering into an agreement with Aggreko whereby certain driveways will be closed by Aggreko in exchange for a cash contribution from the City that will be used by Aggreko to construct access and parking improvements (hereinafter "Facility Improvements"), as more particularly described on Exhibit "A" attached hereto, to accommodate the City's road and overpass construction; and 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. Pursuant to the terms of this Agreement, Aggreko shall: a. Allow City to permanently close driveway number 17, as shown on Exhibit "B" attached hereto, after a Notice to Proceed for the Road Improvements is issued by City; b. Obtain a sitework permit from City for construction of the Facility Improvements, and initiate construction of said improvements within one year following execution of this Agreement. Because the Facility Improvements are required by the City to accommodate the Road Improvements; the sitework permit for the Facility Improvements shall not be subject to detention, sidewalk, parking or landscaping requirements of the City (such development exemptions are strictly limited to the Facility Improvements identified on Exhibit "A"). Page 1 of 6 2. In exchange for Aggreko's agreement to satisfy the requirements identified in paragraph number 1 above, City shall make a one hundred seventy-seven thousand dollar ($1.77,000.00) payment ("City Contribution") to Aggreko which shall be used offset the cost of the Facility Improvements. One-half (1/2) of the City Contribution shall be delivered to Aggreko within 15 working days following the issuance of the driveway permit to construct the Improvements, and the remaining one-half (1/2) shall be delivered to Aggreko upon the City's determination that the Facility Improvements are substantially complete. 3. 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 Reimbursement 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, may be awarded damages for failure of performance, or both. Except as otherwise set forth herein, no action taken by a Party pursuant to the provisions of this Section or pursuant to the provisions of any other Section of this Agreement shall be deemed to constitute an election of remedies and all remedies set forth in this Agreement shall be cumulative and nonexclusive of any other remedy either set forth herein or available to any party at law or in equity. Each of the parties shall have the affirmative obligation to mitigate its damages in the event of a default by the other Party. 4. This Agreement shall become a binding obligation on the signatories upon execution by all signatories hereto. City warrants and represents that the individual executing this Agreement on behalf of City has full authority to execute this Agreement and bind City to the same. Aggreko warrants and represents that the individuals executing this Agreement on their behalf have full authority to execute this Reimbursement Agreement and bind them to the same. 5. 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 Development Agreement shall lie in the state district courts of Brazoria County, Texas. 6. 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 Reimbursement Agreement shall be effective unless given in writing and signed by all of the parties hereto. 7. All notices required to be given under this Agreement shall be given in writing and shall be effective when actually delivered or when deposited in the United States mail, first class, postage prepaid, addressed to the party to whom the notice is to be given at the addresses shown above. Any party may change its address for notices under this Agreement by giving formal written notice to the other parties, specifying that the purpose of the notice is to change Page 2 of 6 the party's address. For notice purposes, each party agrees to keep the other informed at all times of its current address. EXECUTED on the dates set forth in the acknowledgments, but effective for all purposes as of the 28th day of September , 2009 (the "Effective Date"). CITY: CITY OF PEARLAND, TEXAS, a home rule municipality By: F~•,'e~ Tom Reid, Mayor ATTEST: COUNTERSIGNED: .. ~• ~_ ill Eisen `~'` City Manager APPROVED AS TO FORM: ,~~ ~ W1~~ Darrin M. Coker City Attorney AGGREKO: By: ~%~ Title: ~itorG~ 0~'" 1EY~i'~'r~ 7S ~C°(G~ij~~'`~ Page 3 of 6 STATE OF TEXAS § COUNTY OF ~>'a-~~~' ~ w § BEFORE ME, the undersigned Notary Public, on this day personally appeared ~ur-~- V\/~ i -le ,known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he/she executed the same for the purposes and consideration therein expressed. GIVEN UNDER MY HAND AND SEAL OF OFFICE THIS ~~' DAY OF ~~C6•n ,(~t't~' , A.D., 2009. ~O TA,p`?,~N,, D W ~ ~ p m ._ .._. :fo~R,c TEXAS ~ ' Z , cS •.. RS ` N ARY BLIC IN AND FOR THE STATE OF TEXAS Printed Name: ~./t'~e fGY ~. sm • ~ h My Commission Expires: 7~ ~S • Zv i 0 STATE OF TEXAS § COUNTY OF ~~ ~J~ ~ ~;` § ~, BEFORE ME, the undersigned Notary Public, on this day personally appeared (6(ul ~~e i c~ ,known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he/she executed the same for the purposes and consideration therein expressed. GIVEN UNDER MY HAND AND SEAL OF OFFICE THIS ~ DAY OF ~~ ~ p~p f , A.D., 2009. ~NI~A~u „'' °~~~ ~ NOTARY PUBLIC IN AND FOR THE ~~ e ~~ p ..... O' ~` S l '% STATE OF TEXAS .. .., , :O,~p.RY p ~:9/~yy _ ~ ~ Printed Name: ~~~~ ~' ~~~ ~r 5 P My Commission Expires: a g- fin, j. l) 06 r x~RES~ , , ''''~ ~ ~ , , ? 8 - 2 010 ~ ~.~ `~~``\\. 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