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HomeMy WebLinkAboutContract 48223-RV1 Date Received: 12/03/2021 Permit No.: SWFMA-21-0018 2:52 m City Secrets No.: 48223-RV1 Time Received: p t3' Secretary REVOCATION OF STORMWATER FACILITY MAINTENANCE AGREEMENT THIS AGREEMENT, made and entered into by and between TX Champions Industrial LP ("TX Champions"), and LRIC Champions Center, LP ("LRIC") (TX Champions and LRIC hereinafter collectively referred to as "Landowner"), and the City of Fort Worth, hereinafter referred to as "City". WITNES SETH WHEREAS, TX Champions is the owner of certain real property described as Lot 17, Block 3 of the Champions Circle Addition, Denton County, Texas according to the plat recorded in Instrument No. 2020-103 in the Plat Records, Denton County, Texas, and LRIC is the owner of certain real property described as Lot 16, Block 3 of the Champions Circle Addition, Denton County, Texas according to the plat recorded in Instrument No. 2016-2082 in the Plat Records, Denton County, Texas (said Lots 16 and 17 are hereinafter collectively called the "Property"). WHEREAS, LRIC (which previously owned the entire Property), applied for certain development permits for the Property with the City of Fort Worth in approximately October of 2016, however the anticipated development did not subsequently occur; and WHEREAS, LRIC and City executed a Stormwater Facility Maintenance Agreement dated October 10, 2016 ("Agreement") for the drainage facilities anticipated to be constructed during development, and which was filed with the City as City Secretary Contract No. 48223 and which is recorded in Instrument No. D216239373 in the Deed Records, Tarrant County, Texas; and OFFICIAL RECORD CITY SECRETARY REVOCATION OF STORMWATER FACILITY MAINTENANCE AGREEMENT FT. WORTH, TX Revised 11/19/2020 JLE WHEREAS, the Landowner and City wish to revoke said Stormwater Facility Maintenance Agreement because the Agreement is moot by virtue of the construction of proposed underground drainage improvements, and it is in the interest of the parties to revoke the Agreement; and NOW, THEREFORE, in consideration of the foregoing premises, the mutual covenants contained herein, and the following terms and conditions, the parties hereto agree as follows: 1. The Stormwater Facility Maintenance Agreement (City Secretary Contract No. 48223) recorded in Instrument No. D216239373 in the Deed Records, Tarrant County, Texas is hereby revoked, and the obligations of the parties as stated therein are mutually terminated. 2. The parties to this Revocation represent that the foregoing recitals are true, that they possess sufficient interests in the Property to make this Agreement, and that they are legally authorized to execute this agreement. 3. This Agreement shall be recorded among the deed records of Tarrant County, Texas, shall constitute a covenant running with the land, and shall be binding on the Landowner, its administrators, executors, assigns, heirs and any other successors in interests, including any property owners association. [THE REMAINDER OF THIS PAGE TO REMAIN BLANK] REVOCATION OF STORMWATER FACILITY MAINTENANCE AGREEMENT Revised 11/19/2020 JLE Page 2 of 5 Executed this 2 n d day ot- December 20 21 CITY: [ ANDO 1VER; DJ HDJ H a�2,2021 13:54 CST) DJ Harrell Development Services Director on I.axke, Seni Vice President, City of Fort Worth D elo t,of opcwell Dec 2, 2021 De lwm P Corp., the general Date: partner of Hopewell Development lI LP, the administrative partner of TX Champions Industrial LP Date: m m_. Approved as to Form and Legality: Chrsita R. `onez-Reynolds Stephen M. Lipsco , Managcr of Chrsita R.Lopez-Reynolds(Dec 2,202111:15 CST) T 77IC Champions GP, L , the Christa R. Lopez-Reynolds, gen l pafteT of LRIC Champions Sr. Assistant City Attorney Center, LP City Attorneys Office Date: Dec 2, 2021 �a " O'oQORr��a Contract Compliance Manager: ATTEST: a�o o�,A�d By signing I acknowledge that I am -no a�10 the person responsible for the 00 0 o o*�d monitoring and administration of this Jan nette S.Goodall(Dec 3,2021 14:38 CST) y oo ao ,d contract, including ensuring all Jannette Goodall, da�� EX0" performance and reporting City Secretary requirements. City Secretary's Office _f Date: Pec 3, 2021 � � Janie S. Morales, Planning Manager Development Services Date: Dec 2, 2021 OFFICIAL RECORD CITY SECRETARY REVOCATION OF STORMWATER FACILITY MAINTENANCE AGREEMENT Revised 11/19/2020 JLE FT. WORTH, TX STATE OF TEXAS § COUNTY OF TARRANT § This instrument was acknowledged before me on Dec 2, 2021 by DJ Harrell, Development Services Director of the City of Fort Worth, on behalf of the City of Fort Worth. Bichson Digitally signed byBichson Nguyen Nguyen Date:2021.12.0214:20:21 o�pPYPUB' BICH SON THI NGUYEN -06'00, 2 n Notary Public STATE OF TEXAS �'Not Public, State of Texas Notary I.D. 133389224 + � * GV �y 9�aF� My Comm.Exp.Oct. 13,2025 OFFICIAL RECORD CITY SECRETARY REVOCATION OF STORMWATER FACILITY MAINTENANCE AGREEMENT FT. WORTH, TX Revised 11/19/2020 J L E STATE OF § t AA-Wva1-j , A-03 wa-mac, C A COUNTY OF § This instrument was acknowledged before me on °��_ by Don Larke, as Senior Vice President,Development, of Hopewell Development II GP Corp.,the general partner of Hopewell Development II LP,the administrative partner of TX Champions Industrial LP, on behalf of said limited artnership. � v Notary Public, State of \,K.vot j*�� VINCE OF A�<b STATE OF TEXAS § COUNTY OF DALLAS § This instrument was acknowledged before me on VY 11 2) I_by Stephen M. Lipscomb,Manager of LRIC Champions GP,LLC,the general partner of LRIC Champions Center,LP, on behalf of said limited p.o to hip. . -- t.` DANIELA REGALADO AoP�uu-blid" State o Texas Notary PUbliC, State of Texas Comm. Expires 09-29-2024 Notary ID 130841348 dIm f,l fl i'1�� REVOCATION OF STORMWATER FACILITY MAINTENANCE AGREEMENT OFFICIAL RECORD Revised 1 1119/2 02 0 JLE CITY SECRETARY FT. WORTH, TX