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HomeMy WebLinkAboutResolution 4764-03-2017 A Resolution NO. 4764-03-2017 CONSENTING TO THE ADDITION OF APPROXIMATELY 176.613 ACRES IN PARKER COUNTY, TEXAS, TO MORNINGSTAR RANCH MUNICIPAL UTILITY DISTRICT NO. 1 OF PARKER COUNTY WHEREAS, Pursuant to Chapters 49 and 54 of the Texas Water Code, FG Aledo Development, LLC, a Texas Limited Liability Company and FWFW Holdings, Inc., a Texas Corporation (collectively, the "Owner") wishes to annex into Morningstar Ranch Municipal Utility District No. 1 of Parker County (the "District") the approximately 176.613 acres of land in Parker County, Texas described in the attached Exhibit "A" (the "PropertX"); and WHEREAS, the Property to be included within the District is located within the extraterritorial jurisdiction of the City Fort Worth, Texas (the "Citx"); and WHEREAS, Texas Water Code, Section 54.016 provides that land within the extraterritorial jurisdiction or corporate limits of a city may not be included within a municipal utility district without the written consent of such city; and WHEREAS, the City Council of the City desires to adopt this Resolution for the purpose of consenting to the annexation of the Property into the District; and WHEREAS, the City Council on even date herewith has approved the First Amendment to Agreement Concerning Creation and Operation of Morningstar Ranch Municipal Utility District No. 1 of Parker County(City Secretary Contract No. 36198 and City Secretary Contract No. 36199 ). NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: 1. That all of the matters and facts set out in the preamble hereof be true and correct. 2. That the City Council consents to annexation of the Property into Morningstar Ranch Municipal Utility District No. 1 of Parker County, subject to the terms and conditions set forth in the Agreement Concerning Creation and Operation of Morningstar Ranch Municipal Utility District No. 1 of Parker County, as amended. IFOIRr 44 ADOPTED the 28"' day of March, ^ 2017a000000001►0-�o*�ao,,a°o8 0 a C a 000, Q 01 d0-0 ' oQ.9cZ P/4-y-, r DL nald P.Gonzales,Assistan t Secretary aC a�y ¢¢ ORT WORT — IW N GWW S� I ' I I I New IUD 2 180.020 ACRES I 1 N°. suvol 92� do I 0:i S�v69 Apst.N°.2919 �� I M•Ste I f I = I I I I I I II I ' I I— I ' \� c�ryeY AJA.N°.154 New MU[)\1 557.207 ACRES II I V N°gp1 Cz Moved to MUD 1 176.613 ACRES II I I N I I O Z I CO3 LO Go 8 I __ _ �� Pmt NO.192 W G" r LL � �•p.KY\° CC� W D�°m 928 \OSuryeY I I �• t.N°' I WA\\am .2313 AyBt.N =-----MILLER PROPOSED MORNINGSTAR Surveving, Inc,MUNICIPAL DISTRICT 1 AND MUNICIPAL DISTRICT 2 Commercial • Residential • Municipal 430 Mid Cities Blvd. 817-577-1052 Hurst,Texas 76054 TxLSF No.10100400 MillerSurvey.net Scale 1" = 1000' March 13, 2017 2017 MUD 1-557.207 ACRES Being a tract of land out of the M.S.Teter Survey,Abstract No. 2070,the J. D. Morris Survey,Abstract No. 927;the P.J. McClary Survey,Abstract No. 907,and the William Cagle Survey,Abstract No. 2373, Parker County,Texas,said tract being the same tract of land described as "Morningstar Farms Municipal Utility District No. 1" per City of Fort Worth Resolution 3560-12-2007 (hereinafter referred to as "MUD 1"), and also including the same tract of land described as "Morningstar Farms Municipal Utility District No. 2 South" per City of Fort Worth Resolution 3561-12-2007 (hereinafter referred to as "MUD 2 South"),and surveyed by Miller Surveying, Inc. of Hurst,Texas in March of 2017, and being more particularly described by metes and bounds as follows: Beginning at a the northwest corner of said MUD 1 tract,same being in the easterly right-of-way line of Farmer Road from which a TOOT Monument found for the northwest corner of Morningstar Farms Municipal Utility District No. 2 North described in said ordinance 3561-12-2007 bears North 02 degrees 33 minutes 43 seconds West at 1736.95; Thence North 89 degrees 18 minutes 45 seconds East a distance of 700.82 feet; Thence North 89 degrees 18 minutes 45 seconds East a distance of 154.99 feet; Thence North 88 degrees 57 minutes 54 seconds East a distance of 135.00 feet; Thence North 76 degrees 11 minutes 14 seconds East a distance of 46.11 feet; Thence North 89 degrees 07 minutes 20 seconds East a distance of 133.71 feet; Thence South 84 degrees 12 minutes 06 seconds East a distance of 42.67 feet; Thence South 77 degrees 35 minutes 25 seconds East a distance of 42.67 feet; Thence South 70 degrees 57 minutes 26 seconds East a distance of 42.95 feet; Thence North 21 degrees 43 minutes 34 seconds East a distance of 105.02 feet; Thence South 68 degrees 16 minutes 26 seconds East a distance of 301.10 feet to the beginning of a curve to the left with a radius of 50.00 feet and whose chord bears North 76 degrees 38 minutes 28 seconds East at 90.83 feet; Thence with said curve along an arc length of 113.92 feet to the end of said curve; Thence North 21 degrees 43 minutes 34 seconds East a distance of 97.79 feet; Thence South 68 degrees 16 minutes 26 seconds East a distance of 330.00 feet; Thence South 59 degrees 55 minutes 03 seconds East a distance of 173.98 feet,- Thence eet;Thence South 33 degrees 21 minutes 43 seconds East a distance of 139.36 feet; Thence South 43 degrees 56 minutes 12 seconds East a distance of 90.41 feet; Thence North 40 degrees 35 minutes 41 seconds East a distance of 112.29 feet to the beginning of a curve to the left with a radius of 50.00 feet and whose chord bears North 52 degrees 58 minutes 16 seconds East at 80.76 feet; Thence with said curve along an arc length of 94.01 feet to the end of said curve; Thence North 40 degrees 35 minutes 41 seconds East a distance of 136.88 feet; Thence North 49 degrees 24 minutes 19 seconds West a distance of 181.67 feet; Thence North 40 degrees 10 minutes 57 seconds East a distance of 204.56 feet,- Thence eet;Thence North 14 degrees 05 minutes 48 seconds East a distance of 225.51 feet,- Thence eet;Thence North 06 degrees 46 minutes 35 seconds East a distance of 60.49 feet; Thence North 00 degrees 31 minutes 15 seconds West a distance of 545.00 feet,- Thence eet;Thence North 89 degrees 28 minutes 45 seconds East a distance of 750.00 feet; Thence South 00 degrees 31 minutes 15 seconds East a distance of 170.00 feet; Thence North 89 degrees 28 minutes 45 seconds East a distance of 820.00 feet; Thence South 63 degrees 57 minutes 30 seconds East a distance of 55.90 feet; Thence South 79 degrees 12 minutes 39 seconds East a distance of 152.97 feet; Thence North 89 degrees 28 minutes 45 seconds East a distance of 180.71 feet; Thence South 38 degrees 05 minutes 08 seconds East a distance of 129.89 feet to the beginning of a curve to the right with a radius of 50.00 feet and whose chord bears South 17 degrees 22 minutes 51 seconds East at 35.35 feet; Thence with said curve along an arc length of 36.14 feet to the beginning of a curve to the left with a radius of 50.00 feet and whose chord bears South 10 degrees 02 minutes 35 seconds East at 23.12 feet; Thence with said curve along an arc length of 23.33 feet to the end of said curve; Thence South 13 degrees 10 minutes 21 seconds West a distance of 146.01 feet,- Thence eet;Thence South 25 degrees 53 minutes 59 seconds East a distance of 111.32 feet,- Thence eet;Thence South 20 degrees 19 minutes 04 seconds West a distance of 25.00 feet; Thence South 65 degrees 05 minutes 07 seconds East a distance of 139.53 feet; Thence South 50 degrees 59 minutes 11 seconds East a distance of 51.97 feet; Thence South 68 degrees 42 minutes 50 seconds East a distance of 123.38 feet,- Thence eet;Thence North 39 degrees 43 minutes 20 seconds East a distance of 80.41 feet; Thence North 47 degrees 58 minutes 48 seconds East a distance of 90.00 feet; Thence South 71 degrees 47 minutes 09 seconds East a distance of 117.86 feet; Thence South 63 degrees 36 minutes 20 seconds East a distance of 143.02 feet,- Thence eet;Thence South 00 degrees 31 minutes 15 seconds East a distance of 264.84 feet,- Thence eet;Thence North 89 degrees 04 minutes 45 seconds East a distance of 119.30 feet,- Thence eet;Thence South 81 degrees 34 minutes 52 seconds East a distance of 51.32 feet; Thence North 89 degrees 28 minutes 45 seconds East a distance of 120.00 feet; Thence North 00 degrees 31 minutes 15 seconds West a distance of 340.00 feet,- Thence eet;Thence North 89 degrees 28 minutes 45 seconds East a distance of 170.00 feet; Thence South 00 degrees 31 minutes 15 seconds East a distance of 19.64 feet; Thence North 89 degrees 04 minutes 45 seconds East a distance of 541.14 feet,- Thence eet;Thence North 00 degrees 31 minutes 15 seconds West a distance of 750.02 feet,- Thence eet;Thence North 89 degrees 04 minutes 45 seconds East a distance of 73.55 feet to the beginning of a curve to the right with a radius of 50.00 feet and whose chord bears North 80 degrees 39 minutes 21 seconds East at 41.92 feet; Thence with said curve along an arc length of 43.26 feet to the end of said curve; Thence North 38 degrees 21 minutes 24 seconds East a distance of 65.14 feet; Thence North 89 degrees 28 minutes 46 seconds East a distance of 121.29 feet,- Thence eet;Thence South 00 degrees 09 minutes 21 seconds East a distance of 1459.12 feet; Thence South 89 degrees 05 minutes 25 seconds West a distance of 2077.14 feet; Thence South 01 degrees 13 minutes 18 seconds East a distance of 4817.83 feet to the northerly right- of-way line of Old Weatherford Road; Thence North 69 degrees 37 minutes 17 seconds West with said northerly right-of-way line a distance of 342.48 feet; Thence North 78 degrees 56 minutes 11 seconds West continuing with said northerly right-of-way line a distance of 382.16 feet,- Thence eet;Thence South 78 degrees 25 minutes 49 seconds West continuing with said northerly right-of-way line a distance of 296.23 feet,- Thence eet;Thence South 71 degrees 49 minutes 06 seconds West continuing with said northerly right-of-way line a distance of 625.79 feet; Thence South 83 degrees 02 minutes 14 seconds West continuing with said northerly right-of-way line a distance of 195.24 feet; Thence North 84 degrees 16 minutes 49 seconds West continuing with said northerly right-of-way line a distance of 132.86 feet,- Thence eet;Thence North 64 degrees 52 minutes 53 seconds West continuing with said northerly right-of-way line a distance of 160.44 feet,- Thence eet;Thence North 81 degrees 04 minutes 46 seconds West continuing with said northerly right-of-way line a distance of 540.40 feet,- Thence eet;Thence North 89 degrees 57 minutes 16 seconds West continuing with said northerly right-of-way line a distance of 1436.84 feet to the southeasterly end of a corner clip of said easterly right-of-way line and said northerly right-of-way line; Thence North 45 degrees 21 minutes 18 seconds West with said corner clip a distance of 71.52 feet; Thence North 01 degrees 04 minutes 02 seconds West with said easterly right-of-way line a distance of 563.54 feet; Thence North 01 degrees 04 minutes 02 seconds West continuing with said easterly right-of-way line a distance of 288.48 feet; Thence North 01 degrees 02 minutes 50 seconds West continuing with said easterly right-of-way line a distance of 305.68 feet; Thence North 01 degrees 04 minutes 30 seconds West continuing with said easterly right-of-way line a distance of 320.39 feet; Thence North 01 degrees 03 minutes 10 seconds West continuing with said easterly right-of-way line a distance of 74.97 feet; Thence North 01 degrees 03 minutes 10 seconds West continuing with said easterly right-of-way line a distance of 481.50 feet; Thence North 01 degrees 03 minutes 10 seconds West continuing with said easterly right-of-way line a distance of 910.23 feet,- Thence eet;Thence North 04 degrees 25 minutes 07 seconds East continuing with said easterly right-of-way line a distance of 50.19 feet; Thence North 00 degrees 59 minutes 59 seconds West continuing with said easterly right-of-way line a distance of 100.04 feet,- Thence eet;Thence North 06 degrees 43 minutes 22 seconds West continuing with said easterly right-of-way line a distance of 50.14 feet; Thence North 00 degrees 33 minutes 35 seconds West continuing with said easterly right-of-way line a distance of 47.37 feet; Thence North 02 degrees 35 minutes 58 seconds West continuing with said easterly right-of-way line a distance of 155.80 feet,- Thence eet;Thence North 05 degrees 47 minutes 11 seconds East continuing with said easterly right-of-way line a distance of 104.38 feet,- Thence eet;Thence North 07 degrees 15 minutes 41 seconds West continuing with said easterly right-of-way line a distance of 222.81 feet,- Thence eet;Thence North 07 degrees 15 minutes 41 seconds West continuing with said easterly right-of-way line a distance of 86.18 feet; Thence North 29 degrees 21 minutes 05 seconds West continuing with said easterly right-of-way line a distance of 106.78 feet to the beginning of a curve to the left with a radius of 2924.79 feet and whose chord bears North 16 degrees 33 minutes 43 seconds West at 248.53 feet; Thence continuing with said easterly right-of-way line and with said curve along an arc length of 248.61 feet to the end of said curve; Thence North 18 degrees 58 minutes 58 seconds West continuing with said easterly right-of-way line a distance of 877.17 feet to the beginning of a curve to the right with a radius of 1849.86 feet and whose chord bears North 17 degrees 26 minutes 48 seconds West at 97.77 feet; Thence continuing with said easterly right-of-way line and with said curve along an arc length of 97.78 feet to the point of beginning and containing 557.207 acres of land, more or less; 2017 MUD 2-180.020 ACRES Being a tract of land out of the M.S.Teter Survey,Abstract No. 2070 and the J. D. Morris, Survey, Abstract No. 927, Parker County,Texas, said tract being the same tract of land described as "MorningStar Farms Municipal Utility District No. 2 North" per City of Fort Worth Resolution 3561-12- 2007 and surveyed by Miller Surveying, Inc. of Hurst,Texas in March of 2017, and being more particularly described by metes and bounds as follows: Beginning at a TxDOT Monument found for the northwest corner of said MorningStar Farms Municipal Utility District No. 2 North tract, said monument being in the easterly right-of-way line of Farmer Road; Thence South 89 degrees 46 minutes 48 seconds East a distance of 2434.10 feet; Thence South 01 degrees 11 minutes 55 seconds East a distance of 247.34 feet,- Thence eet;Thence North 89 degrees 26 minutes 50 seconds East a distance of 4213.59 feet; Thence South 00 degrees 09 minutes 21 seconds East a distance of 352.75 feet,- Thence eet;Thence South 89 degrees 28 minutes 46 seconds West a distance of 121.29 feet,- Thence eet;Thence South 38 degrees 21 minutes 24 seconds West a distance of 65.14 feet to the beginning of a curve to the left with a radius of 50.00 feet and whose chord bears South 80 degrees 39 minutes 21 seconds West at 41.92 feet; Thence with said curve along an arc length of 43.26 feet to the end of said curve; Thence South 89 degrees 04 minutes 45 seconds West a distance of 73.55 feet; Thence South 00 degrees 31 minutes 15 seconds East a distance of 750.02 feet,- Thence eet;Thence South 89 degrees 04 minutes 45 seconds West a distance of 541.14 feet,- Thence eet;Thence North 00 degrees 31 minutes 15 seconds West a distance of 19.64 feet; Thence South 89 degrees 28 minutes 45 seconds West a distance of 170.00 feet,- Thence eet;Thence South 00 degrees 31 minutes 15 seconds East a distance of 340.00 feet, Thence South 89 degrees 28 minutes 45 seconds West a distance of 120.00 feet; Thence North 81 degrees 34 minutes 52 seconds West a distance of 51.32 feet; Thence South 89 degrees 04 minutes 45 seconds West a distance of 119.30 feet,- Thence eet;Thence North 00 degrees 31 minutes 15 seconds West a distance of 264.84 feet,- Thence eet;Thence North 63 degrees 36 minutes 20 seconds West a distance of 143.02 feet; Thence North 71 degrees 47 minutes 09 seconds West a distance of 117.86 feet; Thence South 47 degrees 58 minutes 48 seconds West a distance of 90.00 feet; Thence South 39 degrees 43 minutes 20 seconds West a distance of 80.41 feet; Thence North 68 degrees 42 minutes 50 seconds West a distance of 123.38 feet,- Thence eet;Thence North 50 degrees 59 minutes 11 seconds West a distance of 51.97 feet; Thence North 65 degrees 05 minutes 07 seconds West a distance of 139.53 feet; Thence North 20 degrees 19 minutes 04 seconds East a distance of 25.00 feet; Thence North 25 degrees 53 minutes 59 seconds West a distance of 111.32 feet,- Thence eet;Thence North 13 degrees 10 minutes 21 seconds East a distance of 146.01 feet to the beginning of a curve to the right with a radius of 50.00 feet and whose chord bears North 10 degrees 02 minutes 35 seconds West at 23.12 feet; Thence with said curve along an arc length of 23.33 feet to the beginning of a curve to the left with a radius of 50.00 feet and whose chord bears North 17 degrees 22 minutes 51 seconds West at 35.35 feet; Thence with said curve along an arc length of 36.14 feet to the end of said curve; Thence North 38 degrees 05 minutes 08 seconds West a distance of 129.89 feet,- Thence eet;Thence South 89 degrees 28 minutes 45 seconds West a distance of 180.71 feet; Thence North 79 degrees 12 minutes 39 seconds West a distance of 152.97 feet,- Thence eet;Thence North 63 degrees 57 minutes 30 seconds West a distance of 55.90 feet; Thence South 89 degrees 28 minutes 45 seconds West a distance of 820.00 feet; Thence North 00 degrees 31 minutes 15 seconds West a distance of 170.00 feet,- Thence eet;Thence South 89 degrees 28 minutes 45 seconds West a distance of 750.00 feet,- Thence eet;Thence South 00 degrees 31 minutes 15 seconds East a distance of 545.00 feet,- Thence eet;Thence South 06 degrees 46 minutes 35 seconds West a distance of 60.49 feet; Thence South 14 degrees 05 minutes 48 seconds West a distance of 225.51 feet,- Thence eet;Thence South 40 degrees 10 minutes 57 seconds West a distance of 204.56 feet; Thence South 49 degrees 24 minutes 19 seconds East a distance of 181.67 feet,- Thence eet;Thence South 40 degrees 35 minutes 41 seconds West a distance of 136.88 feet to the beginning of a curve to the right with a radius of 50.00 feet and whose chord bears South 52 degrees 58 minutes 16 seconds West at 80.76 feet; Thence with said curve along an arc length of 94.01 feet to the end of said curve; Thence South 40 degrees 35 minutes 41 seconds West a distance of 112.29 feet,- Thence eet;Thence North 43 degrees 56 minutes 12 seconds West a distance of 90.41 feet; Thence North 33 degrees 21 minutes 43 seconds West a distance of 139.36 feet; Thence North 59 degrees 55 minutes 03 seconds West a distance of 173.98 feet,- Thence eet;Thence North 68 degrees 16 minutes 26 seconds West a distance of 330.00 feet; Thence South 21 degrees 43 minutes 34 seconds West a distance of 97.79 feet to the beginning of a curve to the right with a radius of 50.00 feet and whose chord bears South 76 degrees 38 minutes 28 seconds West at 90.83 feet; Thence with said curve along an arc length of 113.92 feet to the end of said curve; Thence North 68 degrees 16 minutes 26 seconds West a distance of 301.10 feet,- Thence eet;Thence South 21 degrees 43 minutes 34 seconds West a distance of 105.02 feet; Thence North 70 degrees 57 minutes 26 seconds West a distance of 42.95 feet; Thence North 77 degrees 35 minutes 25 seconds West a distance of 42.67 feet; Thence North 84 degrees 12 minutes 06 seconds West a distance of 42.67 feet; Thence South 89 degrees 07 minutes 20 seconds West a distance of 133.71 feet; Thence South 76 degrees 11 minutes 14 seconds West a distance of 46.11 feet; Thence South 88 degrees 57 minutes 54 seconds West a distance of 135.00 feet; Thence South 89 degrees 18 minutes 45 seconds West a distance of 154.99 feet; Thence South 89 degrees 18 minutes 45 seconds West a distance of 700.82 feet to said easterly right-of- way line and the beginning of a curve to the right with a radius of 1849.86 feet and whose chord bears North 08 degrees 26 minutes 37 seconds West at 482.19 feet; Thence with said easterly right-of-way line and with said curve along an arc length of 483.56 feet to the end of said curve; Thence North 00 degrees 57 minutes 45 seconds West continuing with said easterly right-of-way line a distance of 522.67 feet, Thence North 00 degrees 57 minutes 45 seconds West continuing with said easterly right-of-way line a distance of 274.18 feet to the beginning of a curve to the right with a radius of 7579.44 feet and whose chord bears North 00 degrees 48 minutes 44 seconds East at 461.56 feet; Thence continuing with said easterly right-of-way line and with said curve along an arc length of 461.63 feet to the point of beginning and containing 180.020 acres of land, more or less; 2017 MUD 2toMUD 1 Being a tract of land out of the M.S.Teter Survey,Abstract No. 2070 and the P.J. McClary Survey, Abstract No. 907, Parker County,Texas, said tract being the same tract of land described as "Morningstar Farms Municipal Utility District No. 2 South" per City of Fort Worth Resolution 3561-12- 2007 (hereinafter referred to as "MUD 2 South"),and surveyed by Miller Surveying, Inc. of Hurst,Texas in March of 2017,and being more particularly described by metes and bounds as follows: Beginning in the easterly right-of-way line of Farmer Road at the northwest corner of said MUD 2 South tract from which a TxDOT Monument found for the northwest corner of Morningstar Farms Municipal Utility District No. 2 North described in said ordinance bears North 09 degrees 42 minutes 51 seconds West at 3119.47; Thence North 89 degrees 31 minutes 23 seconds East a distance of 149.36 feet, Thence North 89 degrees 31 minutes 23 seconds East a distance of 198.26 feet,- Thence eet;Thence North 86 degrees 32 minutes 58 seconds East a distance of 50.05 feet; Thence North 71 degrees 03 minutes 11 seconds East a distance of 96.53 feet; Thence North 70 degrees 17 minutes 47 seconds East a distance of 45.68 feet; Thence North 57 degrees 13 minutes 43 seconds East a distance of 461.86 feet; Thence North 69 degrees 08 minutes 18 seconds East a distance of 180.01 feet,- Thence eet;Thence South 23 degrees 33 minutes 32 seconds East a distance of 84.57 feet; Thence North 85 degrees 46 minutes 06 seconds East a distance of 96.81 feet; Thence South 08 degrees 24 minutes 44 seconds East a distance of 230.10 feet; Thence South 16 degrees 41 minutes 47 seconds East a distance of 171.96 feet; Thence South 25 degrees 21 minutes 34 seconds East a distance of 405.32 feet,- Thence eet;Thence North 64 degrees 38 minutes 26 seconds East a distance of 310.00 feet,- Thence eet;Thence South 25 degrees 21 minutes 34 seconds East a distance of 1167.78 feet; Thence North 68 degrees 44 minutes 54 seconds East a distance of 168.18 feet; Thence North 64 degrees 29 minutes 15 seconds East a distance of 131.35 feet; Thence South 65 degrees 39 minutes 25 seconds East a distance of 239.34 feet; Thence South 65 degrees 39 minutes 25 seconds East a distance of 31.87 feet; Thence South 06 degrees 12 minutes 10 seconds East a distance of 127.64 feet,- Thence eet;Thence North 82 degrees 53 minutes 36 seconds East a distance of 55.99 feet; Thence South 07 degrees 06 minutes 59 seconds East a distance of 1400.02 feet; Thence South 82 degrees 53 minutes 01 seconds West a distance of 15.00 feet; Thence South 07 degrees 06 minutes 59 seconds East a distance of 110.00 feet; Thence South 82 degrees 53 minutes 01 seconds West a distance of 350.00 feet; Thence South 74 degrees 52 minutes 43 seconds West a distance of 157.00 feet to the beginning of a curve to the left with a radius of 50.00 feet and whose chord bears South 56 degrees 48 minutes 16 seconds East at 14.05 feet; Thence with said curve along an arc length of 14.10 feet to the beginning of a curve to the right with a radius of 50.00 feet and whose chord bears South 00 degrees 04 minutes 26 seconds East at 90.49 feet; Thence with said curve along an arc length of 113.11 feet to the end of said curve; Thence South 05 degrees 08 minutes 25 seconds West a distance of 22.14 feet; Thence South 29 degrees 31 minutes 53 seconds West a distance of 137.47 feet,- Thence eet;Thence South 47 degrees 07 minutes 19 seconds West a distance of 190.28 feet; Thence North 82 degrees 30 minutes 19 seconds West a distance of 494.11 feet; Thence North 08 degrees 11 minutes 10 seconds East a distance of 137.06 feet to the beginning of a curve to the right with a radius of 530.00 feet and whose chord bears North 13 degrees 49 minutes 57 seconds East at 104.29 feet; Thence with said curve along an arc length of 104.46 feet to the end of said curve; Thence North 19 degrees 28 minutes 43 seconds East a distance of 119.12 feet,- Thence eet;Thence North 71 degrees 20 minutes 20 seconds West a distance of 106.81 feet; Thence North 78 degrees 36 minutes 40 seconds West a distance of 94.26 feet; Thence North 86 degrees 58 minutes 31 seconds West a distance of 95.53 feet; Thence South 86 degrees 38 minutes 38 seconds West a distance of 46.34 feet; Thence South 85 degrees 17 minutes 00 seconds West a distance of 1514.69 feet; Thence South 85 degrees 17 minutes 00 seconds West a distance of 0.10 feet; Thence North 01 degrees 04 minutes 02 seconds West a distance of 288.48 feet; Thence North 01 degrees 04 minutes 21 seconds West a distance of 292.61 feet,- Thence eet;Thence North 01 degrees 03 minutes 06 seconds West a distance of 333.46 feet,- Thence eet;Thence North 01 degrees 03 minutes 10 seconds West a distance of 1466.70 feet; Thence North 04 degrees 25 minutes 07 seconds East a distance of 50.19 feet; Thence North 00 degrees 59 minutes 59 seconds West a distance of 100.04 feet,- Thence eet;Thence North 06 degrees 43 minutes 22 seconds West a distance of 50.14 feet; Thence North 00 degrees 33 minutes 35 seconds West a distance of 47.37 feet; Thence North 02 degrees 35 minutes 58 seconds West a distance of 155.80 feet,- Thence eet;Thence North 05 degrees 47 minutes 11 seconds East a distance of 104.38 feet, Thence North 07 degrees 15 minutes 41 seconds West a distance of 222.81 feet to the point of beginning and containing 176.613 acres of land, more or less; City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 3/28/2017 - Resolution No. 4764-03-2017 DATE: Tuesday, March 28, 2017 REFERENCE NO.: C-28159 LOG NAME: 0606 REVISEDMORNINGSTAR RANCHAGREEMENTS SUBJECT: Approval of a Resolution Consenting to the Addition of Approximately 176.613 Acres to Morningstar Ranch Municipal District No. 1 from Morningstar Ranch Municipal District No. 2, and Authorize Execution of the Second Restatement and Amendment to the Development Agreement, the Second Restatement and Third Amendment to the Utility Agreement, and Amendments to the Agreements Concerning the Creation and Operation for Morningstar Ranch Municipal Districts No. 1 and No. 2 to Reflect a Boundary Adjustment Between the MUDs and Allow for Redistribution of Bond Limit Amount (EXTRATERRITORIAL JURISDICTION/PARKER COUNTY) (FUTURE COUNCIL DISTRICT 3) RECOMMENDATION: It is recommended that the City Council approve a resolution consenting to the addition of approximately 176.613 acres to Morningstar Ranch Municipal District No. 1 from Morningstar Ranch Municipal District No. 2 and authorizing the City Manager to execute the second restatement and Amendment to the Development Agreement, the second restatement and Third Amendment to the Utility Agreement, and Amendments to the Agreements concerning the creation and operation for Morningstar Ranch Municipal Districts No. 1 and No. 2 to reflect the boundary adjustment of Morningstar Ranch Municipal Districts No. 1 and No. 2 and allow for redistribution of bond limit amount. DISCUSSION: FG Aledo Development, LLC, a Texas Limited Liability Company and FWFW Holdings, Inc., a Texas Corporation (collectively Owner), own and intend to develop approximately 737 acres in Fort Worth's Extraterritorial Jurisdiction (ETJ) in Parker County. At the request of the prior owner, the City Council passed consent resolutions creating Morningstar Ranch Municipal Utility District No. 1 and No. 2 on December 4, 2007. On the same agenda, the City Council approved the associated Development and Utility Agreements (City Secretary Contract (CSC) Nos. 36202 and 36195). The Utility Agreement was first amended in May 2011 (CSC No. 36195-A1). On June 9, 2015, the City Council approved subsequent amendments to the agreements to revise the traffic management plan, adjust the lot size, revise the water and sewer infrastructure requirements and to provide for the City the right to apply for the Certificate of Convenience and Necessity for the MUDs Mayor and Council Communication (M&C C- 27321). The current owner is requesting that the City Council consider approving the proposed restatements and amendments to the Development and Utility Agreements that coincide with the most recently approved preliminary plat (see attached Morningstar preliminary plat). The Owner has requested the City's approval to allow Morningstar Ranch Municipal Utility District No. 1 to annex approximately 176.613 acres from MUD No. 2. In addition, the Owner would like to redistribute the bond limit amounts currently recorded in the Agreements to allow for MUD No.1 to increase its bond limit of$90,000,000.00 and MUD No. 2's bond limit would now be $30,000,000.00. This redistribution does not increase the total amount of bond issuance previously approved by the City Council. As a condition to consenting to the annexation by MUD No.1 and disannexation by MUD No. 2, as well as Logname: 0606 REVISEDMORNINGSTAR RANCHAGREEMENTS Page 1 of 2 the redistribution of the bond limit amount, the Owner agreed and the MUDS shall levy a total ad valorem tax rate (including its debt service tax rate and maintenance and operation tax rate) of no less than $1.00 per$100.00 assessed valuation through the life of the MUDs. The City will also have the right to review the MUD's submission to the TCEQ for any bond related activity and shall be entitled periodic reports from the MUDs showing that the infrastructure assets are being maintained properly. These requirements would be reflected in the amended Creation and Operation Agreements of Morningstar Ranch Municipal Utility District No.1 and No. 2 (CSO Contracts No. 36198 and No. 36199) as well as the Development and Utility Agreements. The City will receive the revenue generated from the tax surplus upon annexation. The Morningstar Ranch development is located in the ETJ of Parker County and in FUTURE COUNCIL DISTRICT 3. FISCAL INFORMATION / CERTIFICATION: The Director of Finance certifies that approval of this Agreement will have no immediate material effect on City funds. Any effect on expenditures and revenues will be budgeted in future fiscal years. FUND IDENTIFIERS (FIDs): TO _ Fund Department ccoun Project Program ctivity Budget Reference # �mount ID ID Year (Chartfield 2) FROM Fund Department ccoun Project Program ctivity Budget Reference # moun ID ID Year Chartfield 2 CERTIFICATIONS: Fernando Costa (6122) Submitted for City Manager's Office by: Jay Chapa (5804) Randle Harwood (6101) Originating Department Head: Dana Burghdoff (8018) Christa Reynolds (8984) Additional Information Contact: Melinda Ramos (7631) Logname: 0606 REVISEDMORNINGSTAR RANCHAGREEMENTS Page 2 of 2