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R2003-0144 10-13-03 RESOLUTION NO. R2003-144 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS, AUTHORIZING THE CITY MANAGER OR HIS DESIGNEE TO ENTER INTO A STORM WATER DETENTION AGREEMENT WITH PEARLAND HUGHES-WEST INVESTMENT LTD., FOR THE PURCHASE OF DETENTION CAPACITY IN TRANQUILITY LAKE. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS: Section 1. That certain contract by and between the City of Pearland and Pearland Hughes-West investment, Ltd., 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 contract with Pearland Hughes-West investment, Ltd., for the purchase of detention capacity in Tranquility Lake. PASSED, APPROVED and ADOPTED this the 13th day of 0ctobe~' , A.D., 2003. ATTEST: APPROVED AS TO FORM: CITY ATTO RN EY TOM REID MAYOR Exhibit "A" Resolution R2003-144 REGIONAL DETENTION AGREEMENT This Agreement is entered into this 13 day of Oct~ober ,2003, by and between the CITY OF PEARLAND, TEXAS, (hereinafter "City"), and Pearland Hughes-West Investments, Ltd, a Texas Limited Partnership, (hereinafter "West"). WHEREAS, the City recognizes the immediate need to mitigate the increase runoff effects in the city; and WHEREAS, City will be constructing the Cullen Road Extension project (the "Project") requiring compliance with Ordinance No. 817; and WHEREAS, the Project will require 12.41 acre-feet of storm water detention; and WHEREAS, Tranquility Lake is the most feasible location for providing the required detention volume. WITNESSETH: 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: West agrees to permanently reserve 12.41 acre-feet of detention capacity in the Tranquility Lake storm water detention facility to mitigate the increased runoff created by City. City agrees to pay directly to West a sum totaling $93,075 in consideration of West's reservation of storm water detention volume, within 30 days of the execution of this Agreement. 3. This agreement may only by amended, modified, or supplemented by written agreement and signed by both parties. No assignment by a party hereto of any rights under or interests in this agreement will be binding on another party hereto without the 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. 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. This agreement and all obligations created hereunder shall be performable in Brazoria County, Texas. 9. To accomplish execution of this agreement, it may be executed in multiple counterparts. In witness whereof, the parties have hereunto set their hands and signatures on the date first above mentioned. Pearland Hughes-West Investments, Ltd., a Texas Limited Partnership By: P. Hughes-West, Inc., a Texas tion, Its General Partner ATTEST: CITY OF PEARLAND, a Texas municipal corporation Bill Eisen City Manager COUNTY OF8~~.~.._ _~_~.~ , /~/h~ in. strument was acknowledged before me on the / ~ff/~'-day of ~ 2 , 2003, by Renee' L. West-McGuire of P. Hughes-West, Inc., on behalf ot~a i~-Corp~)rat~on. / Notary ,~Jblic, State ~f Texas / Print~ Na,me. _ . , j, 7-; )' ' My Cammission Expires: STATE OF TEXAS, BRAZORIA COUNTY, This instrument was acknowledged before me on this /~"' day of ~?z~/~.._ ,2003, by Bill Eisen, City Manager of the City of Pearland, a Texas home rule municipality, on behalf of said municipality. PERLA N~ LEHMAN APRIL, 2~ 2005 Notary Public, State of Texas Printed Name: My Commission Expires: 3