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HomeMy WebLinkAboutContract 45898 CITY SECRETARY R CONTRACT NO. NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY OF THE FOLLOWING INFORMATION FROM THIS INSTRUMENT BEFORE IT IS FILED FOR RECORD IN THE REAL PROPERTY RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER DEVELOPMENT AGREEMENT TEXAS LOCAL GOVERNMENT CODE §§ 43.035 & 212.172 THIS AGREEMENT is made and effective this&day of , 2014, by and between the City of Fort Worth, Texas, a home rule municipal corporatM of the State of Texas located within Tarrant, Denton, Johnson, Wise, and Parker Counties, Texas (hereinafter referred to as "Cit ") and FW 205 Partners Ltd, a Texas limited partnership (hereinafter called "the Owner"),whether one or more natural persons or other legal entities, and is as follows: WHEREAS, the Owner's property within Exhibit A, (hereinafter called "the Property"), is located within the extraterritorial jurisdiction of City and is subject to municipal annexation; and WHEREAS, the Property is appraised for ad valorem tax purposes as land for agricultural or wildlife management use under Subchapter C or D, Chapter 23, Texas Tax Code, or as timber land under Subchapter E of that chapter; and WHEREAS, the Texas Local Government Code § 43.035 provides that City may not annex property appraised for such purposes unless it first offers to make a development agreement with the Owner pursuant to such section; and WHEREAS, City has notified the Owner of its intent to annex the Property and has offered to enter into an agreement guaranteeing the continued extraterritorial status of the Property upon the terms and conditions hereinafter provided; and WHEREAS, City desires that any development of the Property be in conformance with City's Comprehensive Plan; and WHEREAS, the Owner desires to enter into this Agreement to secure the continued extraterritorial status of the Property: NOW THEREFORE, in exchange for the mutual covenants, conditions and promises contained herein, City and the Owner agree as follows: 1. Identification of the Property. The Property is described as 205.607 acres situated in the J.S. Foster Survey, Abstract 547, and the J.M. Muhlinghaus Survey, Abstract 1157, more particularly described in Exhibit A and as depicted in Exhibit B attached hereto and incorporated herein by reference, which are appraised for ad valorem tax purposes as land for agricultural use. 2. Continuation of Extraterritorial Status. The Property shall not be annexed and shall remain in the extraterritorial jurisdiction of City as long as this Agreement is effective, the Property is not subdivided, the Property continues to be > tax purposes as land for agricultural or wildlife management use under *F*Al gft hapter 23, Texas 1 CITY SECRETARY RECEIVED AUG 2 5 1014 1 FT.WORTH,TX 1180.019\41022.2 Tax:- Code, or as timber land under Subchapter E of that_chapter and the Owner is not in violation of this Agreement. This provision does not prohibit annexation with the consent of the Owner. 3. Application of Municipal Regulations. All regulations and planning authority of City that do not interfere with the use of the Iand for agriculture, wildlife management or timber use may be enforced with respect to the Property. Such regulations and planning authority may be enforced as they now exist or may hereafter be established or amended, and this Agreement shall not be deemed a permit for the purposes of Texas Local Government Code Chapter 245. The Owner consents to the applicability of all regulations and planning authority of City that do not interfere with the use of the area for agriculture, wildlife management or timber, including, but not limited to, development regulations, zoning regulations, building, mechanical, plumbing, residential, energy and fire codes, building permit requirements, minimum building standard codes, environmental protection and compliance and health codes, prohibitions on septic tanks, the gas drilling and production ordinance and other City regulations as they currently exist or may be enacted in the future. Owner agrees that any subdivision plat or related development document for the area filed with a governmental entity having jurisdiction over the Property will be in conformance with City's most recently adopted Comprehensive Plan. Owner agrees that any filing that is not in conformance with City's Comprehensive Plan will not be deemed a permit for the purposes of the Texas Local Government Code Chapter 245. The Owner consents to the jurisdiction of the Municipal Court, Boards and Commissions of the City of Fort Worth for the purpose of enforcing City Codes and regulations and prosecuting criminal violations of City regulations on the Property. 4. Annexation Upon Subdivision or Change of Use. This agreement is void if the Owner fails to continue to use the Property solely for agricultural, wildlife management or timber use and/or subdivides or develops the Property in any manner that would require a plat of the subdivision to be filed with any governmental entity having jurisdiction over the Property. If the Property ceases to be appraised for agricultural, wildlife management or timber use or if the Owner subdivides the Property as described in this section, then City may annex the Property, either in whole or in part, and such annexation shall be deemed to be with the consent of the Owner. S: Term. This Agreement shall terminate 5 years after the effective date of this Agreement or upon annexation of the Property in conformance with this Agreement and/or Section 43.035 of the Texas Local Government Code,whichever comes first. If at the end of the initial term, or subsequent terms of this Agreement, the Texas Local Government Code still requires a development agreement to be offered in lieu of annexation for properties appraised for ad valorem tax purposes as land for agricultural or wildlife management use under Chapter C or D, Chapter 23, Texas Tax Code, or as timber land under Subchapter. E of that chapter a new development agreement will be offered. Upon termination, City may annex the Property, either in whole or in part or for full or limited purposes, and such annexation shall be deemed to be with the consent of the Owner. 2 1 180.019141022.2 6. Agreement a Covenant Running With the Land. This Agreement shall be recorded in the Real Property Records of the applicable county and shall be a covenant running with the land binding upon all parties having any right,title or interest in the Property or any part thereof, including their heirs, successors and assigns, and shall inure to the benefit of the owners of the Property and to City. This Agreement may not be revised or amended without the written consent of both parties. 7. Notice of Sale of the Property. Prior to the sale or conveyance of any portion of the Property, the Owner shall give written notice and a copy of this Agreement to the prospective purchaser or grantee and shall provide a copy of such disclosure to City, 8. Form and Delivery of Notice. Any notice required or permitted under this Agreement shall be in writing and shall be delivered in hand, by facsimile, or by registered or certified US mail. Notice to the Owner may be addressed to the Owner at the address indicated on the most recent applicable county property tax roll for the Property. If more than one entity is named in this Agreement, service of any notice on anyone of the entities shall be deemed service on all entities. Any notice so given shall be deemed to have been received when deposited in the United States mail so addressed with postage prepaid: CITY: Fernando Costa, Assistant City Manager City of Fort Worth 1000 Throckmorton Street Fort Worth, Texas 76102 Facsimile Number: 817-392-6134 THE OWNER: FW 205 Partners Ltd. 5953 Dallas Pkwy Ste 200A Plano, Texas 75093-8187 Facsimile Number: 214-696-8110 9. Enforcement. This Agreement may be enforced by the Owner or City by any proceeding at law or in equity. Failure to do so shall not be deemed a waiver to enforce the Agreement thereafter. 10. Provisions Severable. If any provision contained in this Agreement is held unconstitutional, invalid or unenforceable, then the remaining provisions shall be deemed severable and shall remain in full force and effect. 11. Governmental Powers. It is understood that by execution of this Agreement, City does not waive or surrender any of its governmental powers. 12. Captions. Captions and headings used in this Agreement are for reference purposes only and shall not be deemed a part of this Agreement. 13. Modification of Agreement. This Agreement cannot be modified or amended without the written consent of all the parties hereto and attached and made a part of this Agreement. 3 1180.019141022.2 14. Governing Law and Venue. Venue shall be in the state courts located in Tarrant County, Texas or the United States District Court for the Northern District of Texas, Fort Worth Division and construed in conformity with the provisions of Texas Local Government Code §43.035. IN WITNESS WHEREOF, the parties have signed and executed this Agreement effective as of the date first set forth above. CITY OF FORT WORTH,TEXAS, FW 205 PARTNERS LTD. a Home Rule Municipal Corporation of the State of Texas By: Fernando Costa, Assistant City Manager N Titl l Approved as to Form and Legality: By:qv�� �W'a Assistant City Attorney ATTEST: O ®00000® p0 O O By. g �� VitS tfe AF (fw���t- 0000 000 tltl� OFFICIAL RECORD CITY SECRETARY 4 FT. WORTKOT.`ai 22 STATE OF TEXAS § COUNTY OF TARRANT § This instrument was acknowledged before me on the o�[ day ofk4V$f, 2014, by Fernando Costa, Assistant City Manager of the City of Fort Worth, Texas, a Texas municipal corporation, on behalf of said corporation. VONIA DANIELS - r 's Notary P;ablic,State of Texas By; 69- .+ y :rr My Commission Expires otay public, State of Texas i ` July 10, 2017 STATE OFT S § COUNTY OF]� § _ This instrument was ac owledged before me on the � day of ui 2014, by �-r f" 1(. 0bh 5:��nk' of FW 205 Partners Ltd, Texas limited partnership, on behalf of said limited partnership. By: Notary Public, tate o0rexas GAIL J. PEYTON After Recording Return to: Notary Public.State of Texas City Secretary ' ice; My Commission Expires ba �,� City of Fort Worth '����"`�' February 22, 2017 1000 Throckmorton Street Fort Worth, Texas 76102 5 11 80.0 1 914 1 022.2 EXHIBIT "A" BEING 205.607 acres situated in the J.S.FOSTER SURVEY,Abst.No.547 and the J.M. I VIU—INGRAUS SURVEY,Abst.No. 1157,Tarrant County,Texas, being that certain tract of land described in deed to Capital Concepts Properties 86-2,LTD.,recorded in Volume 8780,Page 1914,Deed Records, Tarrant County Texas,said 205.607 acres being more particularly described as follows: BEGINNING at a I" iron found at an ell corner of said Capital tract,at the northeast corner of that certain tract of land described as Tract 29 to L.C.Williams,recorded in Volume 3682,Page 494,Deed Records,Tarrant County,Texas, at the tailed southeast corner of said MUHLINGHAUS SURVEY,at a called northeast corner of the MAJANEY &WR1LIAMS SURVEY,Abst.No.1119,Tarrant County,Texas,said point also being in the approximate centerline of abandoned County Road No. 1037,(as mentioned in Vol. $780,Pg. 1914); THENCE S 891,5014311 W,along the common line of said Capital.and Williams tracts, passing the northeast corner of that certain tract of land described in deed to Charles 1. Wood et ux,recorded in.Volume 12011,Page 2029,Deed Records,Tarrant County,Texas, t and continuing along the common line of said Capital and Wood tracts,in all,921.67 feet to a 1" square bolt found at the northwest corner of said'Wood tract,in a east lime of that certain tract of land described in deed as Parcel 2,Tract 2,to MTV heal Estate Limited Partnership,recorded in'Volume 12556,Page 1620,Deed Records,Tarrant County,Texas; I THENCE N 000 00106t1 E,along the common line of said Capital tract and said MTV tract, generally along a fence,2229.22 feet to a 60 "D"nail in a cedar fence post found at the most northerly northwest corner of said Capital tract; THENCE S 87" 0912611 E,continuing along the common line of said Capital tract and said AM tract, generally along a fence,863.61 feet to a x(211 iron found; k THENCE S 360 24135T1 E,along a fence,and along a south line of said MTV tract,281.87 feet to a 1/2T1 Iron found; THENCE N 890 44106"E,along the common line of said Capital tract and said MTV tract, generally along a fence,2529.66 feet to a P.K,nail set in the approximate centerline of Old Granbury Road(County Road No. 1089-Right-of-Way varies),at the called northeast corner of said VOSTER SURVEY; THENCE S 00° 17122" E, along the called east line of said FOSTER SURVEY, along the approximate centerline of said Old Granbury Road,806,14 feet to a P.K.nail found; THENCE S 00°0114111 'W,continuing along the called east line of said FOSTER SURVEY and along the approximate centerline of said Old Granbury Road,1639.49 feet to a P.H. nail set in the north line of Farm to Market Highway No.1187(Right of-Way varies); [F d E }q0 7 THENCE along the north line of said Farm't6 Market Highway No. 1187 as follows: N 89° 19123" W, at 21.89 feet passing a 112" iron found in the west line of said Old Granbury Road, and continuing,in all,49.93 feet to a Highway monument found; S 00° 14' 30" E,51.09 feet to a 112" iron set; S 3011 0415511 W,99.49 feet to a Highway monument found at the beginning of a curve to the right whose radius is 11399.16 feet and whose long chord bears S 860 57,43 11 W,972.46 feet; Along said curve in a southwesterly direction,through a central angle of 040 53'2211, a distance of 972.76 feet to a highway monument found; S 890 2015111 W,1175.36 feet to a highway monument found at the beginning of a curve to the right whose radius is 2804.79 feet and whose long chord bears N 86135' 19" W,397.66 feet; Along said curve in.a northwesterly direction,through a central angle of 080 07' 4911, a distance of 397.99 feet to a 1/211 Iron found at the most southerly southwest corner of said Capital tract,the southeast corner of said Wfilfiams tract,in the approximate centerline of ' said abandoned.County Road No.1037; THENCE N 00109' 14"E,along the common line of said Capital tract and said Williams tract,along the approximate centerline of said abandoned County Road No. 1037,(as mentioned in Vol.8780,Pg. 1914)�a distance of 654.72 feet to the POINT OF BEGINNING and containing 205.607 acres of land,more or less. j i i . I I I I i i 4 t i i I t E f I E F, fE}£ t k E I S i H CG li I! Project Case # AX- 14-002 FW 205 Partners, Ltd - approximately 205 acres Exhibit s Property Subject to Development Agreement V r, HWY1197r:�.. •::��• ..,. '" i ���'::.:',:�'`i,::i'':,;:::';':•::.:,ii:r. :.•':i:ia``':'::'::i": : J w. LUL LU F- 'CO RD 920. .'. r' V. tp V ' 1 i f , v, Y E Y f { F 2 F t,.r l Y.i;. s z r t ^N w� f 5 k a .a« s N x N :I IL6 J° f f f k" MM �e W ,vl" r y b P fh K vI— ;Ef q c! ti a /1 C Wl t' C. y. `� r :J m. r� �O e Yd M. y t .:.... ..... .:.. •:,.•.::: ..: .Ivy d, r ,. x z 8 � s' M" �8 1 D 1 M 6 d m: v '.F ..,.,, ..•.. :....:. .............. :Y 1 Legend FOR. W0 1 ®Property Subject to Development Agreement 'T� O FW 205 Partners, LTD N�nnfnQ&D.20/20 4 D.p./0nenf 8/20/2014 City Limits 0 550 1,100 2,200 Feet T. f' ETJ I i I i I =IMIW L N�CM�L'CF MO MTV RECEIVED AUG 2 8 2014