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HomeMy WebLinkAboutContract 47477-A2 CITY SECRETARY CANTRACT No. 4-71+7 7"6;, SECOND AMENDMENT TO DEVELOPMENT AGREEMENT CSC 47477-A2 THE STATE OF TEXAS § COUNTY OF DENTON § This Second Amendment to Development Agreement (this "Second Amendment") is entered into by the City of Fort Worth, Texas, a home-rule municipal corporation situate in Tarrant, Denton, Johnson, Parker, and Wise Counties, Texas (the "C "), acting by and thro�gh its duly authorized Assistant City Manager, and Traditions Investors, LLC, an Arizona limited liability company("Owner'), effective upon execution by both parties. RECITALS WHEREAS, the City and SLF IV— 114 Assemblage, L.P. ("SLF IV") entered into that certain Development Agreement for the Traditions development dated January 12, 2016 (City Secretary Contract No. 47477) (the "Agreement") governing approximately 1,102 acres of land shown in Exhibit A and described in Exhibit B attached hereto and incorporated herein by reference(the"Traditions Property"); and WHEREAS, the Agreement was recorded in the Denton County real property records on February 11,2016, as Instrument No. 2016-15030; and WHEREAS, the City and SLV IV entered into that certain First Amendmen to Development Agreement for the Traditions development dated June 17, 2019 (City Secretary Contract No. 47477-A1) (the"First Amendment"); and WHEREAS, the First Amendment was recorded in the Denton County real prop rty records on June 27, 2019, as Instrument No. 76441; and WHEREAS, the Traditions Property consists of approximately 431.303 acres encompassed by Tradition Municipal Utility District No. 1 of Denton County ("Tradition No. 1"), approximately 662.91 acres encompassed by Tradition Municipal Utility District No. 2B of Denton County,and approximately 8.707 acres not contained within a municipal utility dis ct; and WHEREAS,Owner owns all of that certain Tract 2 as shown on Exhibit A and described in Exhibit B as"SLF IV-114 Assemblage Tract 2",being approximately 47.262 acres in Tradi ion MUD No. 1, defined in the Agreement and herein as the"Mixed-Use Tract"; and WHEREAS, Owner has asked the City to allow additional uses to be developed on the Mixed-Use Tract; and Second Amendment to Development Agreement—Page 1 OFFICIAL R ORD CITY SECR ARY FT. WORT ,TX WHEREAS,the City is willing to allow the additional uses on the Mixed-Use Tract on the condition that Owner petition the City to annex the Mixed-Use Tract for limited purposes pursuant to Section 43.121, et seq.,Texas Local Government Code,and apply the City's zoning ordin ces to the Mixed-Use Tract pursuant to Chapter 211, Texas Local Government Code, in liei L of regulating land uses by contract pursuant to Section 212.172,Texas Local Government Code; and WHEREAS,Owner has submitted to the City a petition to annex the Mixed-Use Trac for limited purposes pursuant to Section 43.121, et seq., Texas Local Government Code, an an application to adopt zoning regulations for the Mixed-Use Tract,in accordance with Chapter 11, Texas Local Government Code; and WHEREAS, full purpose annexation of the land within Tradition MUD No. 1, including the Mixed-Use Tract,.is governed by the Agreement, as amended by the First Amendment; and. WHEREAS,it is necessary to amend the Agreement to address limited purpose annexation, zoning and full purpose annexation of the Mixed-Use Tract; and WHEREAS,this Second Amendment amends the Agreement, as amended,with respect to the Mixed-Use Tract only; and NOW, THEREFORE, in consideration of the premises, mutual promises, covenants, obligations, and benefits herein contained,the City and Owner agree as follows: 1. The first sentence of Section 2.01 is amended to add the phrase"(with the exception of the Mixed-Use Tract which is addressed in Section 2.02(d)below)"where indicated. Section 2.01 shall remain unchanged in all other respects: Development of the Property (with the exception of the Mixed-Use Tract which is addressed in Section 2.02(d)below) shall be governed ... 2. Section 2.02(b)is amended in its entirety to read as follows: The Property(except for the Mixed-Use Tract as addressed in Section 2.02(d)below)may be developed with a combination of the uses permitted in Sections 2.02(a)(i) through 2.02(a)(vi) as set out in the Residential Use Table described in Section 2.02(vii) tq be determined at Owner's discretion. A maximum of 3,284 Residential Units ma3 be constructed on the Property; provided, however, Residential Units constructed on the Mixed-Use Tract are not counted toward such maximum. 3. Section 2.02(d)is amended in its entirety to read as follows: (i) Owner has submitted to the City an application to annex the Mixed-Use Tract for limited purposes pursuant to Section 43.121, et seq., Texas Local Government Code, and Section 6.04(b). Further, Owner has submitted to the City zoning application ZC-21-190 to zone the Mixed-Use Tract "PD/D Planned Development" for all uses in "D" High-Density Multifamily, with development Second Amendment to Development Agreement—Page 2 standards; "PD/MU-2" for all uses in High Intensity Mixed-Use,plus mini-sto age facility. with development standards and "PD/E" Planned Development for E" Neighborhood Commercial, site plan required. Upon City Council approva of such zoning application for the Mixed-Use Tract, the zoning regulations s lall supersede Section 2.02(d)(ii). (ii) The Mixed-Use Tract may be developed in accordance with the uses and development standards provided by MU-2" High Intensity Mixed-Use, "MU-1" Low Intensity Mixed-Use, "E" Neighborhood Commercial, "UR" Urban Residential and a maximum of 150 detached multifamily units and an enclgSed storage facility. This Section 2.02(d)(ii) is effective only if the City Council does not approve zoning for the Mixed-Use Tract in accordance with Section 2.02(d)(i). Upon approval of such zoning, this Section 2.02(d)(ii)shall have no force or effect. (iii) Residential Units constructed on the Mixed-Use Tract shall not be counted toward the maximum number of Residential Units for the Property described in Sec 'on 2.02(b) above. Notwithstanding any provision of the Agreement, as amended, or any exhibit thereto, including without limitation Exhibits C-1 and C-2 to the First Amendment, a minimum of eleven percent(11%)of the Mixed-Use Tract shall be retained as open space. The location of such open space shall be at Owner's discretion. This Section 2.02(d)(iii)applies without regard to whether the Property is developed in accordance with Section 2.02(d)(i)or Section 2.02(d)(ii). (iv) Notwithstanding anything set forth herein to the contrary, in no event shall the Mixed-Use Tract be used for single-family residential development. 4. Section 2.02(c) is amended in its entirety to read as follows: Owner shall maintain a cumulative count of the Residential Units to be constructed on The Property (excluding the Mixed-Use Tract) on each preliminary plat submitted to the City for the Property. The number of Residential Units to be constructed shall be adjusted on each final plat as needed. 5. Section 6.03, "Full Purpose Annexation", is amended to add Section 6.03(d)as follows: In the event the City annexes the Mixed-Use Tract for limited purposes pursuant to Sec ion 6.04(b), the City shall not annex the Mixed-Use Tract for full purposes until the City annexes all of the MUD No. 1 Property, in accordance with Section 6.03(a). 6. Section 6.04,"Limited Purpose Annexation,"is amended in its entirety to read as follows: (a) Section 43.0751, Texas Local Government Code. The City Council adopted Ordinance 17335-08-2007 annexing 108 acres of land in Tradition MUD No. 1, including the Mixed-Use Tract, for the limited purpose of assessing and collecting sales and use tax,pursuant to Strategic Partnership Agreement dated June 26, 2006 Second Amendment to Development Agreement—Page 3 it (City Secretary Contract No. 35626). The City Council adopted Ordinance; No. 22273-06-2016 on June 4, 2016, disannexing all of the land annexed for linlited purposes pursuant to Ordinance 17335-08-2007, except the Mixed-Use Tract, in accordance with Amended Strategic Partnership Agreement dated June 20, 2016 (City Secretary Contract No. 35626-A1). (b) Section 43.121, et seq, Texas Local Government Code. Owner has submitted an application to the City to annex the Mixed-Use Tract for limited purposes pursuant to Section 43.121, et seq., Texas Local Government Code, for the purpose of authorizing the City to applying its zoning ordinances to the Mixed-Use Tract. The regulatory plan adopted by the City Council pursuant to Section 43.125, Texas Local Government Code (the "Regulatory Plan'), shall be consistent with the regulations applicable to the Mixed-Use Tract set out in this Agreement. The City Council shall adopt a zoning ordinance for the Mixed-Use Tract concurrently ith adoption of an ordinance annexing the Mixed-Use Tract for limited purposes (the "Limited Purpose Annexation Ordinance"),in accordance with Section 2.02(d). In the event of a conflict between Section 6.03(d) and Section 43.121, et seq., L cal Government Code, the Limited Purpose Annexation Ordinance or the Regulatory Plan with respect to full purpose annexation of the Mixed-Use Tract, Section 6.03(d)will prevail. In no event may the City annex the Mixed-Use Tract for full purposes until the City annexes all of the MUD No. 1 Property. 7. Notice addresses in Section 9.01 specific to the Owner of the Mixed-Use Tract are added as follows: To Owner(Mixed-Use Tract): Traditions Investors,LLC Attn: Ron Smith 10446 N. 74a' Street, Ste. 200 Scottsdale,AZ 85258 With a copy to: Marcella Olson Pope,Hardwicke, Christie, Schell,Kelly& Taplett, L.L.P. 500 West 7a'Street, Suite 600 Fort Worth, Texas 76102 FAX: (817) 877-4781 8. Except as specifically amended in this Second Amendment the Agreement, as amended by the First Amendment, shall remain in full force and effect in accordance with its on final terms and conditions. The Parties expressly acknowledge that (i) the Agreemen , as amended, applies to the Mixed-Use Tract, both before and after limited purpose Second Amendment to Development Agreement—Page 4 annexation; and (ii) this Second Amendment applies to the Mixed-Use Tract, only, and does not affect the remainder of the Traditions Property. 9. All owners of at least 10 acres within the Traditions Property have consented to this Amendment in writing in accordance with Section 9.13 of the Agreement. 10. This Second Amendment shall be recorded in the real property records of Denton County. IN WITNESS WHEREOF, each Party has caused this Second Amendment to be executed by its undersigned duly authorized representative in multiple copies on the date or dates indicated ,,.below. ATTEST: CITY OF FORT WORTH K By: nnette Goodall,City Secretary Dana Burghdo Assi t City Manager ZI -()g43 APPROVED AS TO FORM AND LEGALIT Assistant City Attorney STATE OF TEXAS § COUNTY OF TARRANT § This instrument was acknowledged before me, on the A day of , 2022, by Dana Burghdoff, Assistant City Manager of the City of Fort Worth, Tex is- on behalf of said city. S'aY vie MARIA S SANCHEZ Notary ID#2256490 7flotary Public, State of Texas My Commission Expires December 19,2025 Printed Name:_ k My Commission Expires: OFFICIAL RECORD Second Amendment to Development Agreement—Page 5 CITY SECRETARY FT. WORTH,TX TRADITIONS INVESTORS,LLC, an Arizona limited liability company By: Matrix Equities,Inc., an Arizona corporation Its Manager By: Name: Title: C y STATE OF ARIZONA § COUNTY OF MARICOPA § This instrument was acknowledged before me on this 'tom day of �- 2022, by ,L^az" r,se, of Matrix Equities,Inc.,an Arizona corporation, as manager of Traditions Investors, LLC, an Arizona limited liability company, on behalf of said limited liability company. #:NojtaqrY stine Campbell tary Public ublic-kizonaopa countyPrinted Name: q h► C t+2 LS t�,i 34sion M 620395 �rEX I).Nov.17,2025 My Commission Expires: i I -! 7 OFFICIAL RECORD Second Amendment to Development Agreement—Page 6 CITY SECRETARY FT. WOR H,Tx Exhibit A Map of the Property EXHIBIT'A' CNM 1.0ZL"85 AOPE PETRW g1�7TENL LP. POINT OF CCDOM Na sow 134n BEGINNING DAD.C.T. TRACT 3 o woo' SLF IV-114 PHASE 2g FEU ASSEMBLAGE t TRACT 3 TRADITION MUD 2B V 662.91 ACRES 28.8715.478 SQUARE FEET SAM OLDS ROAD ' MUD 28 Xo MUD PHASE 2A BOUNDARY MUD 2B BOUNDARY LIMITS LIMITS _ + MUD 1 NOT MUD BOUNDARY BOUNDARY RY THIN MUD o ( LIMITS POINT OF 8.707 ACRES OUTSIDE OF BEGINNING TRADITION MUD B 07 BEGIN AD. 8.7 ACRES PHASE 1 379.279 SWAM FEET POINT �- MUD 1 BEGkiNO TRACT t � _ , SLF iv-114 -4 ASSEMBLAGE SLF IV-114 SH 114 TRACT ASSEMBLAGE POINT OF TRADITION MUD 1 TRACT ONE TTRACT zG 47.262 ACRES 384.041 ACRES 4056,725 SQUARE FEET 18,728.840 SWARE FEET R 8000788.003 PAGE 1 OF 1 !S TRADITION A mates and bounds description of even dseeamomPonleslfftdrawtnR. EXHIBIT OF s APML23,lots SLF IV-114 ASSEMBLAGE,L.P. PROPERTY WITHIN TRADITION MUD 1 AND MUD 28, "�®UNAWAY AND OUTSIDE OF MUD 2B n BOUNDARIES 3 ssoedroT«.BrnMSM21-o-•RW7437 sio� DENTON COUNTY,TEX*AS FIRM RE WRADON 100fe100 O Exhibit A- Second Amendment to Development Agreement Exhibit B Legal Description of the Property EXHIBIT'8' SLF W-114 ASSEMBLAGE,L.P.,PROPERTY WITHIN TRADITION MUD 1 METES&BOUNDS SLF 1V--114 ASSEMBLAGE TRACT 1 BEING a 384.11 acre tract of land situated In the Guadalupe Caedinas Survey,Abstract No.214,Denton County,Texas,said Met being all of a called 310.43 ape(Tract 1)tract of land described in deed to SLF IV-114 Assemblage,L.P.,as recorded in County Clerk Document No.2014-477.96,Deed Records Denton County,Texas(DA,D.C.T.);all of a called 0.6807 acre(Tract 1A) tract of land described in died to SLF IV-114 Assemblage;L.P.,as recorded In County Clerk Document No.2014-47856, O.R.D.GT;all of a called 31.01:acre(Tract 1)tract of land described in deed io SLF IV-114.Assemblage,L.P.;as recorded In County dark Document No.2014.47855,D.R.D.C.T.;all of a called 30.00 acre(Tract 2)tract of land described In deed to SLF IV- 114 Assemblage,L.P.,as.recoided in County Clerk Document No.2 014-479 5 5,,D.R.D.0 T.;all of a called 0.0944 acre TTract 1) o tract of land described in deed to SLF IV-114 Assemblage,L.P.;as recorded In Couny Clerk Document No.2014-47854; ' D.R.D.C•T.;all of acalled 5.814 acre(Tract 2)tract of land described in deed to SLF IV-114 Assemblage,L.P.,as recorded In $ County Clerk Document No.2014-47854,D,R.D.C.T.;and all of a called 6.090 acre(Tract 3)tract of land described In deed to SLF IV-114 Assemblage,L.P.,as recorded in County Clerk Document No.2 014-4 7854,D.RD.C.T.,sald3414.11 acre tract being more particularly,described as follows: s '8 BEGINNING at a found S/84nch-Iron rod with cap stamped"RUNAWAY ASSOC.LP':for the northwest corner of said 31.0.43 acre tract,and being on the east line of a called 15.22 acre tract of land described indeed to The 1990 Betty Marie McIntyre irrevocable Trust EL Al,as recorded In Volume 2906;Page 363,O.R.D.C.T.,said point also being thee-southwest comer of a called 330.21 acre(Tract 3)tract of land described in deed to.SLF IV-114 Assemblage;:LP,as recorded In Document No. S1@9 2014.47856,D.RA.C.T.,said point being within Harriet Creek; $ THENCE South_B6degrees 14 minutes 27 seconds Easy along the,common north line of said 310.4.8,acre tractand thesouth fine ofsaid 33a.21 acre tract of a distance 222.13.feet to a found.1/2Inch iron rod with a plastic cap stamped"GOODW IN& MARSHALL!for corner near the south bank of a Harriet Creek; THENCE South 52 degrees 34 minutes 22 seconds East continuing all*4g sold common line,a distance of 867.86 feet to a.point S for coiner within laid Harriet Creek; g THENCE South 44 degrees 08 minutes.03 seconds East:continuing along said common line,a distance of 999.03 feet io.a found 5/8lncli iron rod with a plastic Cap stamped"DUNAWAY ASSOC.LP"for comer within said Hardat Creek; THENCE South 65 degrees 58 minutes 36 seconds East continuing along said common line,a distance of 1029.91 feet to a point for corner within said Harriet Creek; THENCE North 90 degrees 00 minutes 00 seconds East,continuing along said Common line,a distance of 773.30 feet to a found V2 inch Iron rod with a plastic cap stamped"GOOOW IN&MARSHALL"for the northeast comer of said 310.43 acre tract and the most southerly southeast corner of said 330.212cre tract:Bald comer being on the west line of a called 47.41 acre trract 1) tract of land described in deed to SLF IV-114 Assemblage;L.P.;as recorded In County.Clerk Document No,2014-A7857, • '9 D.R.D.C.T.; THENCE South.00 degrees.07 minutes 11 seconds East,along the east line of said 33QA3 acre tract and the west line of said 97.41 acre tract,a distance of 860.88 feet to a found 5/8 inch Iron rod with a plastic cap.stamped-DU NAWAV ASSOC.LP"for the most easterly southeast corner of said 310.43 acre tract,said comer being the northeast line of a tract of land described in deed to The Atchison,Topeka and Santa Fe Railway Compaoy,'as recorded In County Clerk Document No.93-26408,D.R.D:CT., said comer also being the northwest line of a tract of land described In deed to The Atchison,Topeka and Santa Fe Railway Company,Notice of Lis Pendem,as recorded In Volume 3450,Page 59,b,R.O.C:T;, ` continued next page... `e 6000768.003 PAGE 1 OF 8 "s AdravM9of even data accompanies TRADITION this metes and bounds description. EXHIBIT OF APRIL 15,2015 SLF IV-114 ASSEMBLAGE, LP, PROPERTY WITHIN '-e. NAWAY TRADITION MUD 1 AND MUD 2, 550BuxyA"nu*-$Wa+00•rtdWmth,Ta s76107 ANDOUTSiDEOFMUD Te1:e17.385.ri21.F=1117aas747 BOUNDARIES FIRM KGWPAnON 100915100 DENTON COUNTY,TEXAS 0 Exhibit B—Second Amendment to Development Agreement w I4f"4lASSEMIJUNGE,ILP4 FROMP rY WIMIN k1 I.11TIO14 f IDII]1 M"f6 BOUNDS T,W TV314 A0fMIILAGE T9ACr.3 acudlmrwlt., T3iEl1dEE'Saulkg4tfeCt+srt76 n-ruviru33xa+nds�+i_s#.alni;�iaid3lta.i3scw'Iratkrri�iah�ngrlhvrest.fne,7Er�+SidAs�i+siret�,'ibpeka mad3tir�taEF!Ha� M�+a trac�adfslnntrr "553.33tittoafound1-4 leah-ran ladiarawner, Tfi£NMNaAb474kdts*1T?rriiranos secanisWtst,*ng said 320.43 acre tract-Phil taw Atewson,-Tetr_kai ruIianaaFePaifwrf C4r>1panV s+€f,t4 rAFtan[4 0124.73 feet to a found 5,+'d ittch more rota forcotrer; TfkN[EStuc1h44 an$_S;irta lCglNrda} Eaa.1?rnirnhs62smatdsrel4 F rrg Fedpa3)1kQw.dp3acrektatttoi ika. wln4lisaasiserncrofsakiAats3 JplaQk+a [ yanVtsad`atfaunr,ttit1131:43fetlaapxptlT"Tmanum-r0orthe ara1racandtreRr&dfo1i;sIdAkftm,1rpeFaa�F6tuia rr ar+ rrnYtract, 11`04CL?+mllASdialsotx47wdnukaal35wands,wwnt,alawetawyatichfloaorsaki33t7.43armeta.rc and 1hon tit!tireirf-sw) Alslrisoq Toyeks end iaets W Ra%vyq Zlctnpdty UiK f,adislarotaf.Z$d£ 4 dot t4li FOOT iace+rrrrpn4l�the corner of said A"Ork.Thptkm and Sartila 114 Rahway Com party biicG se+d pout alsa helyd Oft the AM**I`7dltt-q—h t+aV tine cf 51KI!ilia lrway 314 hsaelable Ndtt,�i TriEk Sauih 04 degree)30 ni utsrs C6 sccoads#hSt,at"the,r"M rlllh"f—%Wf hn*of csie State Higliwarr 114,4.6614"of i&'U,10 reel144 point for a soinhowa E.rrrnur at saki 3iDA3 acre vac and'lho sot iheast carnet or rake 3D rid acre tract, T1tENec 5autFr 9d slVwks 37 mftdes24 s=I%*.Wro.tow1h4in3 akarwilra irSrTb ':oC�a1r lne oflai>f 5:[f�IA$'My 1i4,'b 1dWn(w O -91 keil to A Frrund TMOT manwnienl for an Intl DOW, TKN;1.501,OU d2S M 119 mhrtdes 00 EeofvA Wul,ra"imme alpit6 kow-liarth tlw•oE-frafV Fa+a 4F"d State Hghw V 114,hg*q ola dZ:are 01 ASST:AC ictt i lyU+ld 3I11114 ch ban wd wth ckq!69wi*ad'CKi tAV414 tS", flea for the scutk.tsl,+Fi�rabt or Said 3a:ib xre tract and the oot4hnast caner of said fiwg+aura uxt,coexinuft.o VLT%►r a tumlathe dsWnce or 4342A feat a fou-ad 5/9-,Inch ho rod whh rs s stained'fAJNa1+'iA i AS.40C iP'far the rQrirl,wtil4 tanner of said 6;404 icon lrxtand a svitlnst ta"ot tat bald 3,10A3 acre Vwl,(*MIroing f.)pass at a tumuhta8 dluanrc of 110a24 Nei 91'ound%00-inch kun wA.wth rap marw Aid''PURAWAtt 'I!"tof a smsthwest rort.N or Laid 37G.43 acre tract aral rh*Inur1►:ast tornes of*d 5 MA acre tract,cokir'u1ng In 411■tatar dtgtance of 114ik76 fast 1a a found MOT ncnn rant fora Iw In the",-11h AI&k4.0-mW lrrm of said Stst*H•yfutvV 114; S 1flCd irarihtl0dr.'crees3i-.arlttrjtas;3;#ocondt;Vrtes dl $said leg lh the tsan +Rhet� •arawyjlnec4 aid+stateid rmayi34,a : &Ia►me 4f 1456 meet ta's 6ssi"Il{tsi2T ulnn,rri►rgc�cr 41te er d of srrrtt j p4iEiaflE finuFk i Alit+1 49atrt}iiiErs 55 stiEce YY ;�Nu the t PlEht 4FMr�1l Ina at sakiSkft 11<6h"114,Gass ngate ttaftii op 12.AS7 feet a faagdii24awIron fad'lar.khe 9.814 acre It Ah1 the southem4 starter of 6aid 1:2 e'trayt Prrtl centinuin;a tatakhtarice nl ta;dwt ea a lburrd fi}tp{Yfr uionumem for a}ap.t+t"north rot-vi•+av one of Silo iota.liifrwew 11A; �iC1 Srattts ila ds eos 15 rntmitei 4l ands Ease;ai6tt Bald ia19 iiargh>11 taaY�in+l¢told,•stake Jz way," t Qtif14.73fl+EAln Ilia end ofsaidlo;;l. T"wa Swlli w dues 44 in111i0s 97'10cands wine,awnC U-4 ft6nh d4rh-4-wsy'1ide"fiald Sfata Hwwwy IA a J.f "to of E Mt3 Met to a idellid TliCrsrf rranu► ant for the Mauitm s;l toner of said 31-01,acre text Bod the suds,"t corner cf a ml e3 4 S 5 acre troa td rand dest=rt+-0 In rls}Pd to The ma wty$01unr Via trrawrable Tbuit El Al.as rracorded in'trak*w 1446,Pow 30 l?A Ct,tx cc xruii dmr!r!R woo.. TRADITION A��nP`�`rtil-e;date a�?art,{spulgs e uilerr�resa t odas ea in= EXHIBIT OF r 1 ?5.�1s5 SLF IV-114 ASSEMBLAGE, L.P., PROPERTY A Ill IN i !UNAW AND QISIDE Irdl1J1 DrrION MUD I AND , `'i;�Fnicr.bwva•t+X'S6 A71 r frxt 4'de'3493ii3i 2i�'SI' - Tot airsxxr 121.rue 904JNDAR1ES rtstn rrtAs:r.rarae:aa DENTON COUNTY,TEXAS Exhibit B—Second Amendment to Development Agreement 0011 01TSo S?�FTr►31d A f_11'„PR[!PER7i VN�1fiINYR, 11 4�MUD t WT65&BOUND5 Stf IV-114 MSEMBL,A.E'17ALT I miuvift. WEKf Nortk02d 31.nrlirulossT secomb West,#MAj d*Mask Ilia tt�so�31 f1C it+rt true anG�east line of told�5atra bkl€ jdjj"iKeof3711C7.EE.40to■kxwidil,,'k-"Irur roirweol said 31416cmtntcr,ss,rd Point b"9tinthe 9oeth die of e caleil 70 Acm tract of rand descrit!ed i„Reed to Thu 1990 8etly Mwk 106Mire l rraocsaib4e Trust to At,as rncnrdod in WaOr*2.996.Paie 341,a",h C T.; tIOICENorth89dxp}ncs40ftimbs1ttswitadhEmr,:hangaracth live of3"31ratJerett=andtheWolitip0a 78pare MfjIntyl4tract,passtxd at a rtrstAnce,11�S.46'ftct a round 1124KA Iran rmi%ith cap stamped 15EWPMF,RFLS Mr for The I fmtiviiast corno or Ixid t1fil acre tratt and P roinimmu Corms ofsald MOM crttt tia:[,WW omtkyoc akmV Ilia; iadn pn4,of Sala 310t.43 Ac!'h kract a tool deurv;of tlIZ&O iwt to around if2 r:L+ire n rud star an of earn"af-Ald PIK43 acre tvaafir,d thr i sauit eaazsorYr aI stk171t abra trwt; THFNEE 060-1f5 00 degrees 21 m.Amt;4 rs^cir&N"M abre,the W05i lska of.isid 350.43 4cre tr+a.I Ost eras of sild is acre h4 ftliire tract grill cW411 35.2z acre tract 0.1w-.di.vv!rig!d;n d�3 to Ih. -4,50 Pi,ItV Mwiii writhe lrM'v*4hlaTn&4 Eta1,•as nrt€ded In yol:me 23366 Plgk 363,0.R.Dj:.T„a d rawl ur 1?44.93 fact to Me POINT Of VerUNNING and fonur+ne 104,11 ecf44 :; (1Q,??�2,Ot11 squard tact¢or land,m,ro of IA-L 5kP$V-.U4 A,SEM8L466 TPA CT 2 WNW a 47.Efr sere b*t or IW situated In Lk Guadisho Witaas 3rrridy.Absbact NO,sq,r►-tom. ou}tly,itxgY,ssfd ifict 421% ' gll'vF 9 tallsilrl33rs.acie tract of land drueAhai In iced m SLK IV-tlt IIAyota>ys E P.,as tw:�rnlerlltt 49u*Clerk flotatrtertt No: 3k1A*dT2t91,Devil R*tadsllardcn[ounty,Ie.ofJ3•R.b.CT.I,said 47,2Gar,retorrttiairginum. Aartr aif delCrilaidastndows: R1G49 ggat a found TOOT trionurioritforthe sout*all,(l rrorafstid 47.26 acre bract,)*W mmw oMig crt the+pnaerit eAwth y4Cof4r('Rngof suit NOWAY 11Y(VVAlillAWiiKhN Tf0' E rw*S9 Refs 48 gftb s 35 snUinds flfeA.ante;ftk app Wafts no4h k.i -Pf-Wq$ftQ o f said ttatn ltirond(124,it �E 'disFeaoe�:nT1• :86ipet:�nsEoui� l�i'��3a+inidntl'6vanur�l�yoi►h; 6 THENCE[forth e6 i'+e oi*i 34 n^aei M seeoA}Vist ala*tho apparent norilt itENI.0-wag lhn ats".kate Hit.1wo r 114I 1 p dt isw--a or M-15 feet bs a kwd TKI)tST rn mment far 0.+O t=rfaf cta+ nt tga*Parent 0u4,behl•%aT•way lineaf isld3fateHI&.W jci s 1,14*l+L*w rw Ina cta frid efund d-±s ib±+t In ,ad la Tf±e Atctlaon,1i;0* a and Santa to Cdunty Glen 6oc*,+ntrrt ritk 93-204M D.R.D C Ta i14Ct�dt.4d�laer±_esl`�3rrrhif+l>�I;���irdr�,ats�rhil�i�►nars�IdAa�+ur�ai�&e�itaisovafizR�9'�afeetty: r�eiurlal5fe iiih-Vgttfito #(huiiartficarne►ofsald�F by+7rrtract srh#±aaetrerhs oftowwestllnebt ealt 2?2;e6#twlr*+ wct 3 oFioitrld#9kifritiddo�dc�thiisfu4llytt;t+�►EdEaL.P�asrecoiledtt+�C!+aMyC�tl.car+,entrftr,tC13S-tt.5+,Y4,D.&O:t:.T.; i `• HEWESr tNddd3rdasifeminotes"!t'srrar+3tEa�a,alarr3thetaytltt off ?t47�&icrislrs�tatidlEa? d#1riWdlsaki;I2Z.4E31- f,*Ltact ter±tMestfo4orltM)e&Edp,ar.adatforito 6n►ulFcatWovih,isreccxdsdintauinNtY,Sldeb#�5 p1#t-1%V&44 ion Ceti Tr rat IP.R.D Ci.l,flee West the ,i kcltr s Edpa;Phase 3,ar a td[kri to ehc Oty ci Fate Mlart>q Al riKanifad In Caafrty tlerM Do�amcrit tea 200.13.P.R.4..T.,and floe wes9 Ant Of a c:$0 4,4365 zrte tract ire rand di+sal6ad In deed to ly AVo liiw%Edge L.F., asracvrd.9l(Ifaerr,tyC11ADUtUrrient MA,2005.11"a99,.?t:R.t CT-a;fkEWC*000.57.36 feet tothe POW OFP.EGIKM. 46and fantak-lnc 41,26 arrra f2.115027 square feet)of IsPA Inora or lesl gQ3r(�dfi 1' ]Of If, Adravij?tlatetetrlt4r4'str+?s+ps+fss TRADITION ilrJsmcfirsandl�le#dIY4idn, y/ OF -IV EXH,6ff OF Y FASIL 1 y 21,1 -SL "1.14 SEWWi��Li . .. �'RPEt�'1'4VfT�11ht ir MW TRACRTION MUD 1 AND MUD 2, ,Iti,ND OUTSIDE OF MUD .ai ittt,r 01r,M?ar BOUNDARIESFNs(sensxrrYiy rUf�atCG DENTbN COUNTY,TEXAS Exhibit B—Second Amendment to Development Agreement XF N•114 hSSfMIttALil;LP PRCIPERTM Witi ON THgfaf M MUD 2 MEFE4 i1W1Ai't'13 Btayty A 60,412da trait.of Lind 04laled A IOW Willath 0-Be&5aWy9 !-rWY N0.1125,Cite lames Abvtract No. 28 and the OwtW kFa€�rd3e�s3ur:nt,Tadis4-acEMli:}$A,Lsa onCa aY,1,'7rosss,g,Id113cr'nsinhitolara(led`+1.bt7per 4rzittOP IanddeSavQsjai^t'r#c-03pinr➢cpd_1�5tFg�•111A.6emhlt��l:l',dt+G[ordedin�Ceuntytk[A[k'a�.,n�rrxfY�T7I4.531d�,:i�:t*A it ids trtlierltbn Ceiinly,texas tG.R 17.G T.I,sm!ur'�o heitR dtol a called 400 a(ra tract of tand testrioerl is'Tri12'in dead le SiF N t9,Rsrm f ti.4 W;ai.tccsided In Coijn1y LrerE 0okumwa 34041) atrir Wel 4t land dextlhetl as`rrerl V vt esid-J cA to 3'aF rr-114�ssseml�lpga,.LP'.,is retort In C'cunt}l Itrl 0cik,tner�l Asa: h 2117A 1¢#@N.irt_T,rsamrrRallcfacell-�+9 .at atrs:tale!ntsldestr dac'Tiactrinia`ddeedto3ltW-114 AsiarMap,LP,asrevordedIp County UrsrkD wnwnLNo.2014-a7kii,D.R.Di-.T.,andalsofieit*aµartalaEW09F.41atre �y tract of tand 0OUifled as'Tract 1"to saidderct to SLF NL114 A�sstmttFap,0,m twordlad in County C1 ,, er�tSjiylnogk Na. 401a-#7.052,D.R.D_4? 1aid 667.9t xYa iran belni;rpm pa OV doserted ts follows: 4 44"INO At a luund P.E.Nat In asphalt yetis►n Wra Rdlnni*Road Oafi"l *Wthy raq ilia r1XtP §n4 turner fist laid Sam am 1I&M North O d q Wl�Sflllouists,13 st aancis trAa eping1110 sttrli Wit 01 salal 50 00 atrn tricq,a da'anor at;Ad0 47 feet qn d tid7A{tt[tlra�redlFtiEspuleapstampedltl�s&f39�thesek,rele+rrdtAAM�ithcip tforthentrrihehst�arffurarsafd Swaw7fi atx�. . THENCE SoulthU4t1'p i"Wo1.lqums3'swariisF,eat.:fto►tjiha+istlinc aft,"MM env'Tk.a*6F44 zX1101eetto Rrwintl i4olnrh46Atrl}r.f}w-0narisk. ; TItENC&3oolh.0 tte *11 npnutes 33 sDr gr►ds ftst,.;plltltllifgatan&chr easidne O rotd 5040 WA!rack a disfanx of YiiS.'Pr etir#9�tiw+LlfarankRohit .1,1MCe 40A f al#"at m2litite 31 wawds+&K{4 AROLsit:aiane the em Wife AdYa d 5t7AD ocra bwt,rtt►14r1N$1 l Ali$Heat is a�ouFid'e =it4ils lion� h re+�ioP ltiA+l likL1AN�"�anraB�tl4li�i _ � 1itE81C6�mIth1�4; liggal,�ebtilittl;35seo�edslwhat,t6llttnuk�afiLn,�l;Itie. �rltglt.saidSQ�fiO�rRtratk:�distalrc�u�6Htd6 v teet to&foufl i V2-0 h Won teadt grtthl0tloie 4*0 st�asKisd°fifth 53439"far tha tt tt iar0aret field i4OG>y[tt painipis Bank ii'�dr;h!i�the�onttieiPtl�R.rv�a>:s�ld+itxOd air!watt: t1@3uu11sl04decrecsEJznf�Ce►44�rnrtdsEisf;,, kheehi�tktl4r+i`i41+d4L..udllacrrttacG•edi►Ibt�trediti.5t<tocttua tatind 312-Inch wt ik l vAliheap Our an oiyle Calnt .� TlnE�tt�SOupt OQ derRes id mi�iss;tt2 sttotvds East,oxs:�vihe aiGrg lha gait Rase olsald 4�0$ #t!lgait#,i distinca c?`i35.ii+4 a taiatln a fiord IP2-iar�It,�s rW>far an aryile pr:ln4 . 3. T14NGE 5gitth all dtZreas 14 ofIetite!i S9 s row%Ea m.COotin fna aFatad llfy aast ttna al sold�,b4 ac?#Rr?�ra'+lstan oarit 12G 10 !}PaitAi!a Roved 7r�•ledi Im rod with cap for the 3c;60*3t corner of said 46QQ ace tract aid lhri ftXV*ast tornmafsaid"6411-M he acrid; TIGMCEWh00gTrWm 7S allnutei$J wkAntklast,tiaratheeast;lifeofpsiljP:..QDadilracl:adstftwao0i38faintaa r rmt'aueduiinostPage, W Ti 1736 tl3T FfFC 4?x 0 TRADITION. a6strarstlh6tttee�ntdilb,amdltiPddies ors m* ead lsoui t d4iscr}alSvd A MOILL5,KH'i 'StF1V114�Sy!S- j-{F MBLAGEr LP.. PROPERTY'WITHIN TRA,NIZION MUD 1 AND MUD 2, DU WA AN.d OUTSIDE OF MUD e7aaabryua!r.�..rc.�So!taswedA 74rgr ti s1.817 ?Rtlfl�..oca!rss�ur [BOUNDARIES RIM Ra A'X*IMIX DEN TON OOUNiY,HYAS Exhibit B—Second Amendment to Development Agreement SLFIV-1k4A&'sf418fit-4Mi-P PROPMTYWITNIMItikJOMONAiUP,2 SLF1V•LL4AMr W* 111 1r3Ctf1V#r iiliwa?il.:. 1}IWT41411490d9PIeiO3tr111utes0serogdswegl�codwitJf4a*4ilhaaastrihteXAsaidmBwith+lfi i.adinweeCAfS6.2a deer a found S�anch'#vn rod fnr nll�n�r p;t1roE; iN uvt11,00da�recs�8rzinutts1Ggstart+is€>,v1,t'xrt0iwiruja3tirgaiiera t@nerdsaM9ti48a44ut+ i+t i; diciattoraiit86.11 iau to a found 1.0,1nth Van rad fir art ar+gW 1160, lH Srxdst 00&*m*s 08 Mautes 33.sem4ids`fast,rvitipuln:&W4 she aaai fnc of said 14H w arse I?wl,e,dkiiiiwaiaw,--45 tuck tb a found 0-11rh Pan rad for sn+rgk poimi i"Ew Sauthou tle r-6 a mwuts 3!wMadsl•ast,Por" Inc a t,the w Too 61said HiMbacre clack D 4Iriaht a59 42 4eiteAtf9�4:�,1Z.lothYontaifforan+rCl'Rair!r; . 3Ei 'Si�ttit tld 'i f fi ns 3'#amo s E*sk-M ilC ale!tm ijio o"tna at rail'!4a.w arrt"rt;a diflairr of 310114t �, Tei�Lt�8fr5+Jrtd�.Jar)►hoitmdFd��n;rt�I�Pot�Yt; 71f S0ulli:131ltk al S ;3seaond';Est;hatttlr rllfala �nr�tllilf040F idiglS;�7aaatrxf.adlslbrrt8rd D@ 3 f�iiJi 1qa frtiid Ij3asrh Capita rapiRrthe eavEileiril{ilrne�O'FHt111r18J`JDocre tract tead tbn ei sau+tli of Spid330.21 acrn �1HEN 5auth 174'di wt�8 rri ta3 A�3 yrPi•:East ahsr�the rtbdlta4hr f18 ;sxJ 3302L au a lrrct:t dlstarite 0E 55 fE'41 too 1144 d Mt,nail with ddner In aspheYt wehin 3r�Br tde i4aad lw�titila widii r 3 illMll Norlh k')11(Irfat S6 mbufm J S moonc4e gaet,41#n>lhel k)w4h 114 tit saW MOM a6x-tract,i dmw*of k40.9.j#kOk to a 5 laund6W putt wbshhrfs►[ r itwttiisrsitSamReynbW41dad WWWANdRX21 acre Wkt: INIENCEWAC0468MOi25mhr11M21Sew++ Nast+4fdt tatLHn4afr;.id3 .Ziattetracte Jf 1$ lQiTowto4 taund19 M Iron rod fdr the own m3t4►fj�►n+rihaam c0mr ai saW 330-n acre t►ar,iow ow wr imust cornt5rof swd-*'Mi re�t 1IItf4CE ±th tLSeiggrties ZA mimriss i.y3e srr s ,atslq lha #s;i3rsa gfsa d97.4t acre tract.a disie+rtF or SM-06 loot is a k raWO-W-inch Imrk and*0%tap i•.a�nm4'T11 WAWAY RSSrJ—LP fei she har'lhsas.!snMPr of a tRad 17.652:tau eaMMO.tractof t 10 kiceltad in Agmad Judimenk.Na.CV-93-FXK 4-C air tr"fL%d in Caun1Y Clerk Dmment Nu,1f 4-atiW5,O.R.D.0 T.,aPd In Yalume ou,Pape iO4,howed Cuunly DLsirlrt Cauri Records,said taroer taint,all a airctar rurVe 10 the len,halnn8 a etrdtn nr 5A11 s fact w4 Woe cheyd hears''tnulK 54 do7,+Aes W ranutes 45 secr ords West;h dbimmv vf1 I-1.17 fact Tl19NWkx4hwmA1*6?.Qkff4Lsaid 17.852 acre erxi�srie Pratt roil said eaw ho case left,ihr6t ih a centnrl4tWo of 19.dupo 26 r(ryy1 3 soraod,an arc dtrrar+seaf it1 30 fa8t r6 a found 5(Rdnch tan sad Ifs tap ftrrr"ii"1]i1l�yYWAV AMOC.La`'#ar tare � eridnFtrdl¢tirrn.J TWNCE,scldlh#dftr�IA i(+iffUlr!s±lA s1Kdfids 4VrYst:,rangnulrle adOdc,S#tfi.li,8fl3 aft vnsnunerpolr�a,o al#kirsvr td'#.�-6�feef igaJ lirrrrl $hit113�ti6 Cod►i07ih+ st±ra dl I►i�%'tNktiIG. f'` di rtitriir, ? t ifrLJi}sCBd ant next paNe.. EuY.r7'dF.QCf3. €tK+F�+::''-f it TRADITION th�'m •rinse, dsdosrriPnan EXHIBIT OF G S LF IV-!14 A SSEMBLAGE, t �' PRUP;`RTY Vdlik IN TRADITION MU 1)1,AND MUD 2 i9s Nap iie>a;'sai+Dc•Rx ymivd k-A,41wr �kIV t3 UT51DE OF MUD nt.lxr iar.nar«faKalaq�sr�7r BOU N DARI E.S f si13CJ11JCAT�OiiS4'9IL!t E 1E COUNTY,TEXM Exhibit B—Second Amendment to Development Agreement SLF W-124Atdl�Mfi"Gtt,r--nIt13RrF'T'f hitlTi�tri-m-Aw wNMUD M!T�5&B+ta'JMt3S W 1V4.17 ASSEMBLAGE TIC 9 4eMstitresRd.;. IM94CA 1"11J.,45 dogreus 33 rns a<es 10 strands We m 4orgk%Ano alarstsaid S7.Ba7 acra:.e,asem'ent tract,a 8isterew or.51),QO'.ta t11 foa raUnd SA-irch Iran inn*Kith-ep yfomp.df'PUM4AVA.Y ASSOC.LP'far ao•ner. 7P thiM.E$4441%41 leprous 26 NW-MACS 29 second Y4'eet.at.1 0.ig alor.E sba 17.95i acre Casisment krAER k dtswiq;0 ot"As-"r4pt la a fauna Vis Inch can rod 6w the"unit",%I carnar or said 17.252 acre easement.tract ae4 tl.e f,wii'.4aLl taraaeoira twill of Land di4GrA*d irk dead cn The Atchison.Tapein and Soma Er.aarlhvaV F.w+.yrtr as moortlect In Cac.my Clerk t vannenl No.9.3-2i14(tK Cs.IhD,GT.: Ts OK—E North M deatmes d7 4"utto U soipadv*!a;atlarath a*est law at"f l 91.,4)pal+olt4t.a dismiaae rtPa6fi.8li"i scrum,10 arch lrwnrodmithaOW80c cap st¢rnpod ra5i•ihP0k4****.rfharlpsoutheostcdriierof said t?621 aazi�tr,�ct "iilELRaE:;iYartL19P!d4IL�Fc;W?nUtu7tss C4 !GetoR1<'SrSirk�Te.alOtkit'lts sciulhntiest.lks2.aF.saldi<dLl+ l,dCrlelrY+R.A. KLynps'o�.TI'3.1l�eeit . 4fiiNVflrf fin 4 iawumgo rmett�e ; "tiiEla4�,..tikarthZNi•deftlFhl.':B:.nitrMl$t3lastiGar4L Wert.CanunutvaNPzjt gsbt lPA-LatItro.ofFast330.24 acre tract,adlstvrxof 3;omsilk*4so*r4unt(erg.fir'fin.M Fad Wflh,iy'plaaSk'yapshimpiM tltt,�wxtir.s5nr'sp tor' cernervottmmidslerrel aces: 'rrvm••r'$4eM a founj Vz frith.4da iadwvf gNlsi171C•Cail itimfed"GaLs01x'au It fell4RSlt411'boar*Month 46 d.graes 30 Minwtc320 eataridhi Nett,a dnumcoatC.74 Nab _ 'NfENCa:NLuth di.detvattil C*.minutoii MMiM4iVdg WeX%r cantlnuln V%"C tlir aGuiliM+sAR Iitw�of kal?i 339.21 acm Bract a disitbice rit :i .Q99:83t'iibt t6,a peiLx loiiarater 7rttldn srifd Pleirfes t.tr xk �' .:rilE114�,hk>$lt�Y drte�pos 3+L minuias 22seuirrda Vigil.pantnufns+Mlrue tha sautruwsc Ilse cf'sald33q.Z1 ncfeirwt,i-aTelaErrras:5/ e (;T�Ya Can.f4und9/2nKh lrorrtcd Ytitha pinrte:t&pAaff*od•GOODWIN&MA4514LLL"fcr<turnof o"t et.*sauth 6Y.l of said flliitria#��: 73iEhst:£Noltli.l86 debees7dt rnlnuRx'�fkidl4tb.7f�YtsL:coirttnrilrts alorrC the iaudfuast ffr.e:ct i+Iki 390.Fi ticrd tract.a.ietar.cc di 7,32;33 feet'iain rpu.rd HIS inch hssrs nerd evftli a p4stie tap.etaet�dV'f7irlvitW AY AS.'Sac.tI."ratan nt oorn�of Bald 490 2z ene tiae� TNLf.Nnnh Lan dafrxr 2tirrrniLbda da ae.^tindp SLYIisGtanKilutris at6rrR'the soutiiwestifina'tari ap7q 3!3if,,�i ptf+l trot,a dFi?ahce idl 3D•2Mfeet to a fanrus 5VJ;loch Sitatl'idd with a plasdc tap starrped'MMA.WAY.SSO-C•tpwiiwcprrapr TWNCE Nanh ST degrees At minutes 29 seme.0 Vr.rft tnnt4wing Q"the wud west One at sekl 3411.21 ACr4W1TaC;3'dstsitccd Z 293.45 feet to a*nowt!417 fltd.!noes cod kW CDrs er. t • Thlc"NL:E fi.aafr on dYepers 23 nNnutes"aptturifa E354 ww"Atha wlosi line istimid X*2j acre lftli.ty,a`AtN3 et 1 372.$GiCctto is f�oupd:wo4a lye carder in the turn of an asphalt road knvrn#ii 3Ym RAW-ds!lead; E .rurniquedattnept.padt— til EOU:+r"ffi3',iFll Rfr 6 or q a.die+ nsd 4.qn domt;�coampa ex T'RA D ITI O N tlrtrlrtrtsrFs�Isetirla gractipuon ESE- BIT OF IPt!-i 4 A -EM B LAG E, LP. PR.QPERTY WlYHiN AW L UNAW 73>f+V3DITlO[«F FIAUD E AND MUD zr ssD c+Swlw...•sw.aCo-9Artiyln Tewaa blpF AND OUTSIDE OF MUD iv ar�s�s�rst•r,alr.sssrnr. $1011LI lDARIES Paetnx OrtVCpl r,507AttD DENTON C01UNrY','TEXAS Exhibit B—Second Amendment to Development Agreement _ . k "V -4FfM•il4MSEM+t6tMejl.P.,htUt STVWfMthlmA[77aWtMFADZ nis£�es t3aia�aii UFIV-XX4.AMMILNETFAaArVn4qutd,. ai7E1}t:E Mel#il d77#:+�igTf�1,i ir+'�uds3'i�]SerAn�s t�PEst,[V�Ifm�irp rthn�iirc"west ilr�ol,'�aAii 34.1�L ave tr�cd+��3r�g a4 da-Mc of 1�ti1Ci,97 F-tt k a tnurid 1+ij fail W.0 shiner in asphak wilhinr sah Soo%iP[jW itaad lore*narhwxst cvtndr df setd #i ,X]kF,t L Laid caner her-g sha sarfks.estt�m.r of 141d 71B4O0 cers hratt,and rantmuirt�u6ilfr�.srnf rpm errnclas Road and Add[theKestNnerfsnijt4SIM re traa,aulalcistav!of for,i_1reare?sanert+t44i1l 1411M Nerd trMt T�iEM�'huifi�9_rlq�eesSYia�'nuC+�s•2isecandlMfgcK wil��n�sd5�5cganfds:�+tdi�tdCNC:�FB.Y�(R�+1t�Y�ti�)iw¢r�fsakt 9ii8�BEY oci�c tr+sck,a��pnfe dX to�fcimd 5i'a ttid�Iras rdd t�i tkd errb►l�cttriY iautirwissst oornrr of s+id ia5�'ht � fin. 1 Alit FirtU�,fFA�id :K It9IWOu' UB xmnds 1+lest wNtii 41 rri 5"noAfi i and akmc ti.l west lF of aid WI-611 acre tr�;,pas�tti titan Ctsfance�Ib,G1�Fret�fvtsrrd i12-ixh{rat tad w�h r�W far the must w!edtwly uunhwtx gamer of sold 14b,Q4 ripe#�,'�3id cgf±wr being tF,e southwest canes of sni�4 4F�r�Q litre Vitt,and ca:r'Jnu�attsnC�west tint!�5�+i 4Sr3i7 Nett. U4i P �t tumuatnr dlstanre cf Aaf: 4 a farad 1/2 lrc4f{rocs tad with.■stwd Orin k#Ylioidi Road lur We narhvxst tart+to{sblslA�_�dsuareartandastixihµ+estearneraf> 5{10tP �gtaa,andwminimcainnithcwestiintuf said SaiDokm tract 7atafaJmu1,u,edhl�nca01t5.74i�iintheP�It�TOftlEfi{r1MiNU�S�nrrsinirg?58.76,67n square�:eka++f6a'y13rrn u(�ild,rnao or less. Fi { 6earpres aftba3 Ypoo IN rwa%5ratp F6ne Gwrifinne 8ptern(MA139�,North Caulrai Zane 4IO2,andaic bdi tai'i+ioo h 1rrp �u Aia10;MAD bn•tfse.tliv,4ti.{tis1 wm wk*;aril``surlac�"deKved fr.m scat d�fi►4V uri AIWtha 6tntan County Surlmz r Ssebe sr s# 3tl75G6�,a�ss}p�miished hrt,Dctfi", f pA�ffR.11't�iT�P�A�7Fi�5i}ffi49Fif35i797nIL�SAYQWMfK1A,ACIt' a L S 3 at S TRADITION ima aesenii i w�r{sr t ae ME TO 0- EXHIBIT Pf g AfOlL Si wt SLF W-114-ASSEMBLAGE, L.P. PROPERTY IN W '>OA01TION WIFI MUD!AND MUD*-2, tst01M3.1ri{44:017u$Wr BOUNDARIES ntwWCsstarnnrccOM100 ON-ON MONTY,TE)tiAS Exhibit B—Second Amendment to Development Agreement 9IE W414 A59EMflLAGE,1.P.4 W?AfV WT96E CIF TRI 0nWN MUD RCIfl!R.AM E+tEf Es&5ftims BEING a 0.7b7 out tract of Ivied situated in%01400dWk Card^:.Survey,Abstract Fla.W,b"tin i am`ty,Tlraas;said tracldrelnp ar Pon of a ceded 07,41 s(rt tract of lard described as"Tr:ect 1'*Mid drred It#SLF M•114 Auemblage,L Pon►ear>ltd In CAW AY Chia 6ecum®rd No.2D14.47b94,veaO ReneeAaF Da ill C&P4,TOMS IDRD.tXk SW A-WO A Irart ndni;Xwe paatX48dV desvlbed ' �la►t�,t: YGillrlINGarafaurid3,i-Inrh iron tad•Nnhixl,4iyood"'DUfUAW,%iA95QC.Erenete'weglingof said WAt acre tract and being the most eas;erhr sevtbaau comer of a called 33D'13 acre ITriwl 11►rµ1 M land e]dsrr�d*deed to 51F IV-'Lit k4-mbtsgo,1-p.,as recorded iiraountT Clerk pvccftok Nu.201#.4739f,a1tD.[.F.,Uerrrg tJrr nonhr_aK a�nvr ul,a erar al rand deserted ri deed to The A4thr40n,Te"La and Sarni Fie RadikW Camlianyr Rr rriarded h,Cmnty Carl Gct�enl No.04 WR,p.R.D.0 T and teed Ltd lwrllywest cooner d a v04 4PAW;ae aammot describ o In deed to The Ah;Nsan,raperra and Santa Fe IL,iNvy Comporr At,erd Wpmnk€eumzV dark Ontumeml No.2414.46905,6.11.D.(_T; f T1pgt North 44 delp*ec 29 nvnuws 1+sseconds EvA crosdnl said 07Ai teas trarx alnrltaa north ine ail siM V 444 ►alvmtrs4,a ridtancp or 14t634 feet to a found 5,l-Inter Koo rod edit,cap%uuq Ed'*D%u%WAv AAS M I P'rot an anEla panty 4 TlMNCE 5W%h.43•depre"38 N,►"An. 76nvarods East;earrtinuft w—ofs sWld'17.42 acra vast and olorg the not�th Itrsr of said 11852 ook K pt3 a mitana of S�JwiftrSe;f fouud hew"w i h wp-swmpx`t?^AWAI A.SW IP`rat an ando pulra, THINE15 Nrirah 44 dr!jow.26if rouge 44 secunds.East,,continuhrg.a!Grr?i iold:9!7.4],acra text and WmWirse rlolth Not orugi t7W ri site saia!nirlriR.a dctarnc df 27 6iT testis a►oilild 5, lies W vAh.c*slompeel=DLVFAWAV ASS4C•fr r4r rba bpginnins of a curve to the rW%ha*g a WL4 4f St MAS feet and whose chord beemi MAO 54 bagrdas Cd mlbmtes da wooer$net p dbranto or 't i45f:t7'feaa; } tl*NtEf 4thnisi¢rlr,Owilautngacbaa:ssrd".Afatrain`sc9.illdhgtt.7r 41pegf0d4urv* k la if*ACk through acscltra1dripie:trr*fktjfarlal6minutas43setond;endanart3efyJFhpiipGGL3BHi'attffatlo idstfth�tritltrdri rod kiffr Fi•p vueaprld'DIAAW'AV ASW(:.W for the end A t3fd cun+o cad an the east fine of sold 97.41 pert trait x 3, TI¢NCESouthCtOdegrees2drisar44t€4FsorondsEast,soon�theesst'[nadf#* 7rtT.iia .1dlstaeir447A21eit,tva0*4 y l6r the tWir %t earadr cl said 97,t1 acre tram and the ht+glhriurg of a curve to the let;haul sa'rbilitliriY5T42.E2 toes and rda364 chord hears South 54d Woo 52 mirrum 02 saoorrris Wei,a dfs mm nr i '.04 het; T"fNCESauflwM�Oy,aims thei4oviierRl law cI said 91.41acretrack.crossftsold17.857*i rttaas6niantwrl said vim to ahe I thro,gh i r�r,atra!anb+is of 13 degrees 50 minufir M s r+dk and ae arc length cf JdM844 feet ld s lPohtt Ibr The pod pt isid curve; N " THENCE South 44 degrees 26 ftW4oW 29 sorends Wti st,aWiri dris long tl*iorlihe,t<ds ijlr.l5[i2w 6iTA1 aorli"past"d rr�4 ddid k. It 85t cut+oasarmnt a distance of Ittl 69 feel to UM sOutls,irxst comae of said 9iA1 atre tract; F. �tiEui(L tL A'6#,IrsT,N4F D7 mir"es 11'setvnds W.-A,aiung the vmil Ina ad said 91.41 acne inset alai the erisl icla Olin Atchison,Toppis asd sortie re lhalhvw ri&".- np itact reawdod is County dark€recurrent N0,43,2h4M D R.D.C.r,a distarla of 145.96 reel ter s the PI7tf1T r€LF BEGINNkiG arsd cdrttrtnoC 8.1'Bt orris(d72,f791"-f;:rrs►aetl of tarrtl,mare ar lest: e RpwL^8s are based uDaaU?rti41e14s14oitl`1ahpGom4lo:te3yste}ai dtj,ki4±t¢�Cphrratt2ano42Q3,and am based upon Ge$- measurra'enito rauda ors ft pmund.alstacict valurs'art'surd#'dprAmd from grid data by 4t1ht the►ar•ft6 Caui4 Sartam scam Factor of 10915115J,at pubkh*d t7y rs15DT. Ti TRADITION EXHIMT OF A 4Marulirg�Tlrw4n,'dsld 4t4�lli�lpt, F `ihlsipetc�and#R.indsalrroriFaian. ergo Is, 5LF 1V-114 ASSEMBLAGE, C.R. PROPERTY WITHIN uUNAWAYTRADITION MUD,I AND MUD Z, iwl l rya"-*-^am-r�'iva(stir rs'sIOF AND OUTSIDE OF MUD t.ca:S4r.r 14i.:.tt s r}1�1+s BOUNDARIES ►setae wtai.toetam OENWN COUNTY,TEXAS Exhibit B—Second Amendment to Development Agreement