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HomeMy WebLinkAboutContract 61569-URate Received: 6/17/2024 Time Received: 4:17 p.m. Record Number: PN23-00158 City Secretary No.: 61569 PUBLIC PROPERTY EASEMENT ENCROACHMENT LICENSE AGREEMENT TIER II THIS AGREEMENT is made and entered into by and between THE CITY OF FORT WORTH, a home rule municipal corporation of Tarrant County, Texas ("City"), acting by and through its duly authorized City Manager, Assistant City Manager, or Director of the Development Services Department, and Core PBSFR Fort Worth Academy, LLC, a(n) Delaware limited liability company ("Licensee"), acting by and through its duly authorized Chief Investment Officer, BTR. RECITALS WHEREAS, Licensee is the owner of the real property located at 101 Academy Boulevard, Fort Worth, Texas 76108 ("Property"), being more particular described as, a tract of land situated in the P. Caldwell Survey, Abstract No. 365, and the O. Moody Survey, Abstract No. 1069, City of Fort Worth, Tarrant County, Texas and being a portion of Lot 1 A and Lot 1 B, Block 1, White Settlement Commercial Addition, an addition to the City of Fort Worth, Texas ,as recorded in Deed Records, by Instrument Number D222287581, and D222287506, in Tarrant County, Texas, and; WHEREAS, the City owns a storm water easement (the "Public Property") adjacent to the Property, recorded in the deed records of Tarrant County by instrument number D224077348; and WHEREAS, Licensee desires to construct, place, and maintain certain improvements which will encroach in, on, above, or below the Public Property; and WHEREAS, to accommodate the needs of the Licensee, the City will allow the encroachment under the terms and conditions as set forth in this Agreement. NOW, THEREFORE, the City and Licensee agree as follows: AGREEMENT 1. The City, in consideration of the payment by Licensee of the fee set out below and covenants and agreements hereinafter contained to be kept and performed by Licensee, hereby grants permission to Licensee to encroach in, on, above, or below and occupy a portion of the City's Public Property as described in and at the location shown on Exhibit "A," but only to the extent shown thereon, for the purpose of constructing, Tier II Easement Encroachment Agreement OFFICIAL RECORD Page 1 of 11 CITY SECRETARY Revised 12/2022 FT. WORTH, TX installing, and maintaining private water and sanitary sewer lines (the "Encroachment"). Upon completion of the Encroachment, Licensee agrees to be responsible for maintaining the Encroachment within the Public Property. Licensee shall not expand or otherwise cause the Encroachment to further infringe in or on the Public Property beyond what is specifically described in Exhibit "A." 2. All construction, installation, maintenance, and operation of the Encroachment and the use or occupancy of the Public Property shall comply with and be performed in strict compliance with this Agreement and with the charter, ordinances, codes, and policies of the City. Prior to the construction or installation of the Encroachment, Licensee shall submit all plans and specifications to the Director of the Development Services Department or duly authorized representative. Licensee shall not commence construction or installation of the Encroachment nor make any use of the Public Property until after the execution of this Agreement. 3. Licensee, at no expense to the City, shall snake proper provisions for the relocation and installation of any existing or future utilities affected by such Encroachment and the use and occupancy of the Public Property, including the securing the approval and consent of the appropriate utility companies and agencies of the State of Texas and its political subdivisions. In the event that any installation, reinstallation, relocation, or repair of any existing or future utility or improvements owned by or constructed by or on behalf of the public or at public expense is made more costly by virtue of the construction, maintenance, or existence of the Encroachment and use of Public Property, Licensee shall pay to City an additional amount equal to such additional cost as determined by the Director of Transportation and Public Works, the Director of the Water Department, the Director of the Development Services Department, or their duly authorized representative. 4. Licensee agrees that City may enter and utilize the Public Property at any time for any public purpose, including installing, repairing, replacing, or maintaining improvements to its public facilities or utilities necessary for the health, safety, and welfare of the public. The City shall have no responsibility or liability for any damages related to the Encroachment resulting from the City's use of the Public Property; however, the City shall make reasonable efforts to minimize such damage. 5. Upon termination of this Agreement, Licensee shall, at the option of and at no expense to the City, remove the Encroachment and restore the Public Property to a condition acceptable to the Director of Transportation and Public Works, the Director of Tier 11 Easement Encroachment Agreement Page 2 of 11 Revised 12/2022 the Water Department, the Director of the Development Services Department or their duly authorized representative. Any such removal of the Encroachment shall be in accordance with then -existing City regulations and policies. It is understood and agreed to by Licensee that if this Agreement terminates and Licensee fails to remove the Encroachment and restore the Public Property, Licensee hereby gives City permission to remove the Encroachment and any supporting structures from the Public Property, to restore the Public Property, and to assess a lien on the Property for the costs expended by the City in taking such actions. 6. In order to defray all costs of inspection and supervision which the City has incurred or will incur as a result of the construction, maintenance, inspection or management of the Encroachment and use of Public Property as provided for by this Agreement, Licensee agrees to pay to City at the time this Agreement is requested an application fee in the sum of Nine Hundred Dollars ($900.00). 7. The term of this Agreement shall be for thirty (30) years, commencing on the date this Agreement is executed by City. However, the City may terminate this Agreement upon Licensee's noncompliance with any of the terms of this Agreement. City shall notify Licensee in writing of any such noncompliance and if Licensee does not cure the noncompliance within thirty (30) days of notice from City, the City may terminate this Agreement. However, the City may, at its sole option, allow the Agreement to remain in effect so long as Licensee has taken reasonable measures to cure the noncompliance or is continuing to diligently attempt to remedy the noncompliance. S. It is further understood and agreed between the parties hereto that the Public Property to be used and encroached upon is held by City as trustee for the public; that City exercises such powers over the Public Property as have been delegated to it by the Constitution of the State of Texas or by the Texas Legislature; and that City cannot contract away its duty and its legislative power to control the Public Property for the use and benefit of the public. It is accordingly agreed that if the governing body of City may at any time during the term hereof determine in its sole discretion to use or cause or permit the Public Property to be used for any other public purpose, including but not being limited to underground, surface, or overhead communication, drainage, sanitary sewerage, transmission of natural gas or electricity, or any other public purpose, whether presently contemplated or not, that the parties agree to negotiate in good faith in order to accommodate both the Encroachment and the public purpose. Tier 11 Easement Encroachment Agreement Page 3 of 11 Revised 12/2022 9. LICENSEE COVENANTS AND AGREES TO INDEMNIFY, AND DOES HEREBY INDEMNIFY, HOLD HARMLESS, AND DEFEND CITY, ITS OFFICERS, AGENTS, SERVANTS, EMPLOYEES, AND ELECTED OFFICIALS FROM AND AGAINST ANY AND ALL CLAIMS OR SUITS FOR PROPERTY DAMAGE OR LOSS AND/OR PERSONAL INJURY, INCLUDING DEATH, TO ANY AND ALL PERSONS, OF WHATSOEVER KIND OR CHARACTER, WHETHER REAL OR ASSERTED, ARISING OUT OF OR IN CONNECTION WITH, DIRECTLY OR INDIRECTLY, THE CONSTRUCTION, MAINTENANCE, OCCUPANCY, USE, EXISTENCE, OR LOCATION OF THE ENCROACHMENT AND USES GRANTED HEREUNDER, WHETHER OR NOT CAUSED, IN WHOLE OR IN PART, BY THE ALLEGED NEGLIGENCE OF OFFICERS, AGENTS, SERVANTS, EMPLOYEES, CONTRACTORS, SUBCONTRACTORS, LICENSEES, ELECTED OFFICIALS, OR INVITEES OF THE CITY; AND LICENSEE HEREBY ASSUMES ALL LIABILITY AND RESPONSIBILITY FOR SUCH CLAIMS OR SUITS. LICENSEE SHALL LIKEWISE ASSUME ALL LIABILITY AND RESPONSIBILITY AND SHALL INDEMNIFY CITY FOR ANY AND ALL INJURY OR DAMAGE TO CITY PROPERTY ARISING OUT OF OR IN CONNECTION WITH THE ENCROACHMENTS AND ANY AND ALL ACTS OR OMISSIONS OF LICENSEE, ITS OFFICERS, AGENTS, SERVANTS, EMPLOYEES, CONTRACTORS, SUBCONTRACTORS, LICENSEES, OR INVITEES. 10. While this Agreement is in effect, Licensee agrees to furnish City with a Certificate of Insurance naming City as certificate holder as proof that is has secured and paid for a policy of public liability insurance covering all public risks related to the proposed use and occupancy of public property as located and described in Exhibit "A." The aniounts of such insurance shall be not less than $1,000,000 with the understanding and agreement by Licensee that such insurance amounts may be revised upward at City's option and that Licensee shall so revise such amounts immediately following notice to Licensee of such requirement. Such insurance policy shall not be canceled or amended without at least thirty (30) days prior written notice to the Building Official of the City. A copy of such Certificate of Insurance is attached as Exhibit "B" and incorporated herein for all purposes. Licensee agrees, binds, and obligates itself and its successors and assigns to maintain and keep in force such public liability insurance at all times during the term of this Agreement and until the removal of the Encroachment and restoration of the Public Property. All insurance coverage required herein shall include coverage of all Licensee's contractors and subcontractors. Tier II Easement Encroachment Agreement Page 4 of 11 Revised 12/2022 11. Licensee agrees to deposit with the City when this Agreement is executed a sufficient sum of money to be used to pay necessary fees to record this Agreement in the real property records of the county in which the Encroachment is located. After .being recorded, the original shall be returned to the City Secretary of the City of Fort Worth, 12. Licensee agrees to comply fully with all applicable federal, state, and local laws, statutes, ordinances, codes, and regulations in connection with the construction, operation, and maintenance of the Encroachment and use of the Public Property 13. Licensee agrees to pay promptly when due all fees, taxes, or rentals provided for by this Agreement or by any federal, state, or local statute, law, or regulation. 14. Licensee covenants and agrees that it shall operate hereunder as an independent contractor as to all rights and privileges granted hereunder and not as an officer, agent, servant, or employee of City, and Licensee shall have exclusive control of and the exclusive right to control the details of its operations, and all persons performing same, and shall be solely responsible for the acts and omissions of its officers, agents, servants, employees, contractors, subcontractors, licensees, and invitees. The doctrine of respondeat superior shall not apply as between City and Licensee, its officers, agents, servants, employees, contractors, and subcontractors, and nothing herein shall be construed as creating a partnership or joint enterprise between City and Licensee. 15. Licensee agrees and acknowledges that this Agreement is solely for the purpose of permitting Licensee to construct, maintain, and locate the Encroachment over or within the Public Property and is not a conveyance of any right, title, or interest in or to the Public Property, nor is it meant to convey any right to use or occupy property in which a third -party may have an interest. Licensee agrees that it will obtain all necessary permissions before occupying such property. 16. In any action brought by the City for the enforcement of the obligations of the Licensee, City shall be entitled to recover interest and reasonable attorneys' fees. Tier 11 Easement Encroachment Agreement Page S of 11 Revised 12/2022 17. The parties agree that the duties and obligations contained in Section S shall survive the termination of this Agreement. I& Licensee covenants and agrees that it will not assign all or any of its rights, privileges, or duties under this Agreement without the written approval of the City, and any attempted assignment without such written approval shall be void. In the event Licensee conveys the Property, Licensee may assign all of its rights and obligations under this Agreement to the new owner of the Property, and Licensee shall be deemed released from its duties and obligations hereunder upon City's approval in writing of such assignment, which approval shall not be unreasonably conditioned or withheld. Foreclosure by a secured lender of Licensee or assignment to a secured lender by Licensee in the event of default or otherwise shall not require City approval provided that said lender notifies City in writing within sixty (60) days of such foreclosure or assignment and assumes all of Licensee's rights and obligations hereunder. However, no change of ownership due to foreclosure or assignment to any secured lender of Licensee shall be effective as to City unless and until written notice of such foreclosure or assignment is provided to City. 19. Any cause of action for breach of this Agreement shall be brought in Tarrant County, Texas. This Agreement shall be governed by the laws of the State of Texas. 20. This Agreement shall be binding upon the parties hereto and their successors and assigns. 21. This Agreement may be executed in multiple counterparts, each of which shall be considered an original, but all of which shall constitute one instrument [SIGNATURES APPEAR ON FOLLOWING PAGE] Tier II Easement Encroachment Agreement Page 6 of 11 Revised 12/2022 City: CITY OF FORT WORTH By: M"Al! rye[ -F-In 20241553 CDT) _ D.J. Harrell, Director of the Development Services Department Date: Jun 14, 2024 ATTEST: JUannette Goodall, City Secretary Date: J u n 17, 2024 �dp44�Il OF p O '.0 10 l.g 00 Pv8 0=� as °° d n� nEXA?o4p Licensee: Core PBSFR Fort Worth Academy, LLC a Delaware limited liability company HSRE-Core Space PBSFR, LLC a Delaware limited liability company, its Governing Person B Name: Cliff Payne TitleFz� ho ized Signatory Date: z Approved As To Form and Legality Jeremy Anato Mensah Assistant City Attorney Date: J u n 11, 2024 Contract Compliance Manager: By signing I acknowledge that I am the person responsible for the monitoring and administration of this contract, including ensuring all performance and reporting requirements. Rebecca_ Owen (Jun 11, 202410:52 CDT) Rebecca Owen Development Services Date: Jun 11, 2024 OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX Tier II Easement Encroachment Agreement Page 7 of I 1 Revised 12/2022 �I:I Ly N_�lif DY ��J tlMl r 11'Y<�J � �IMJ:Y r9�l�J:Y�: to � BI l�l �q.`y Dl��►lf r►11 STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on this day personally appeared D.J. Harrell, known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed the same for the purposes and consideration therein expressed, as the act and deed of the City of Fort Worth, and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE this 14th day of June , 2024. KATHLEEN BRADFORD _ n Notary Public KK 8 • + STATE OF TEXAS Notary I.D. 12197197 Notary Public in and for the State of Texas grFOF �t My Comm. Exp. Apr. 12, 2027 ' After recording return to: Development Services Department Development Coordination Office 200 Texas Street Fort Worth, Texas 76102 Tier II Easement Encroachment Agreement Page 8 of 11 Revised 12/2022 STATE OF 7:16015 § COUNTY OF �_c;1� § BEFORE ME, the undersigned authority; a Notary Public in and for the State of 111inw, " , on this day personally appeared Cliff Payne, Authorized Signatory (Title) known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he or she executed the same for the purposes and consideration therein expressed, as the act and deed of Core PBSFR Fort Worth Academy, LLC, a Delaware limited liability company (entity type), and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE this 4A day of j1tnc , 2024. k%706 Notary Public in and for the State of _I 11 Ir er5 Tier I! Easement Encroachment Agreement oiflnal sell JOSE/H WEM SNEWON III Notary Public, state of Illinois Commission No. 997497 My COmmissi0n Expires February 23, 2028 Page 4 of I I Revised 12/2022 EXHIBIT A Depiction and description of the Encroachment Tier II Easement Encroachment Agreement Page 10 of I I Revised 12/2022 I����I ��� ,Yi��� �� d +liwlN, �•J :1�µ!W,,��,�� /l. l�� l� •� "N�r �� � � 1N,lsnq 1 .. ��� no, All LOT 1i ,...�:1'..-�, „F •^ 'x rw+' ��A1 I�l f. NLDPIfI li My ! ��� Sr..m�... •— � ,wr«.Iw i ��s�Nwwn ��:i� r t� 1 /• a.1/'tP1Y 04101(0 N1.:�H'Kr1;00r� e"ae I"4"M ul v Jam'"lur p W• 1 I N 'k�Av. I 44Y RM,l0. NT. � /'mow. _ old M0414D \\ Ile Ra �, fop, , yL 1Y i toT+ \, +NN+. Wr. •,•; y'TT -•�' 0\ �"jil .. •"' IY www�...�.� ..F IIUM!Kr _ _ '` q► q.MYMr ` �,�, 1 ��1 �� �M�,rNwn In 1 , ,/M/fONN � �'•-1�. PT"'��+}.•w9+o...r �'� 1\ \ \ t i i� •+r " wTY .. 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CASE NO.: PP•22.0T4) CASE NUMBER: FP-2111T 1913 1119..111181a �e40TlJee +'rwr.nr.,mrr,r.wePaaan.x.w .Iw..em �A,.XNa.r FOP.Woan CITY PLAN COMMISSION CITY OF FORT WCRTM• TEXAS o nv n vw0 nAv n eaeDlmeD wrM�x x41e,v Me move urea tAn rn uPeoax IrrT.weovua,r, J�.__�.•.� FINALPLAT e.rr LOTS 1%,]-07, BLOOEA LOTS I-14, SLOCX a, LOTS 1- Z' 'LOOK Or LOTS 1 • A, SOCK 0LOT 1, BLOCK e. LOT 1, SLOCN P, LOT 1, BLOCK G. OXENFREE AT. WEST OA K erN4re5 INT EF".Ll1' CLCABL, wRNM, ADBiRACr NO. no y NA TMe ro.A W fIIRYBv,agBPUcr aloo, oroA BAPUTor Lon XAt lB,BuxA,, wlwa BerrLENmETcoanBaxcw.dnolmN AN ACDITIONTOT/E ci1Y DP l *VA. O1,S On, Ni COUN,Y, Ief(40, As RAOOnoao M G4A014T ASLIDSe7f, PA.TC.T. Kimlevo Horn !I ae® 4r4fieoehv ora rdw rtnalxe e+r,sa, mA�r.w imm rnaflalrelm_ P.ra,r�++)v4.xa0� ruuamP eeurree .or. � OXENFREE AT WEST OAK FORT WORTH, TARRANT COUNTY, TEXAS NOVEMBER 2023 IPRC NO: IPRC23-0015 OWNER/DEVELOPER: CORE PSSFR Developer. LLC 1043 N. Milwaukee Ave l� Chicago. IL 60647 " CONTACT; Matt Pagaria a ENGINEER: KimfeyA Horn 13455 Noel Rd Two Caderle Onee Tower '", "D _g Dold s, TX 79240 872-770.1300 elate orTax. R.0straOon No. F-028 THE CITY OF FORT WORTH VICINITY MAP pnunumin mau,nuunw epellwnln uaxr,e\e+..E e44uuu m �� •4 �•'+llli : iiiriiliiiiiiiiii r'1j'++i, • a 1, l"+l iiiiil illinio1 t•+I �+lxllnuam nu ' n nml II•�f�x xlln/ApYm tiiil�ii1A1t1�liridllll I1 111 ll'llr xlijminiil IIm1u Iiiiiiiii 111111I .gym 11111111 IIII r �] 1w111{Illa ♦ II t1 ♦ � �� Qtll �� - C � �� _ fUuanuun ,nmtnn, MAPSCO NO. 058 ■ern u■ i,G Rs I111111A 1 11111� II I Inunul m 11111111 1 AIAII �r�ll �Illlll CLIO Jill 1 PROJECT 11111111111111111C t� 111111111111111I1 LOCATION IIIIIIIIIIIIIIIII nuuannn .nwulnr - E mnuuu+ a 111 1111/ �i I n 1, l Ilrrrurrrrrr�rr I GRAPHIC SCALE IN FEET 0 150 300 600 I I I OVERALL ENCROACHMENT LAYOUT OXENFREE AT WEST OAK FORT WORTH, TARRANT COUNTY, TEXAS NOVEMBER 2023 IPRC NO: IPRC23.0015 OWNER/DEVELOPER: CORE PSSFR Developer, LLC 1843 N, Milwaukee Ave Chleepo, IL 90847 CONTACT: Mall Pagorla ENGINEER: Kimtey*Horn 13455 Noel R4 Two Oalleft Office Tower Wt 700 DAW &, T7(75240 972-770-1300 Sub of lass Roo*fraeon No. F.928 0 0 11111=1 II r`—I{,uuuuuuuuu ®Q 0 )XENFREE A — —' I Q WEST OAK l I P ASE 2Le" ENCROACHMEN Qaaaaaa�:, - _] QrQ o Q _ II Q Q Q "I �oaaaaaaaa oa000000000a0000000 �� — - SEI TTLEMENT� TTADDITION �/ T CAB. A, SLD. 5306 P.R.T.C.T. SETTLEMENT PLAZA ADDITION CAB. A, SLD. 9207 P.R.T.C.T. �µ_ I f rSETTLEMENT PLAZA ADDITION I CAB. A, SLD. 7757 �� P.R.T.C,T. Z J f� '( L I 3 I I 3 f L p W I J I_ j _ f _ I a - PRIVATE + ¢ PRIVATE 3 WATER LINE PUBLIC STORM y WATER LINE SEWER LINE STREET N GRAPHIC SCALE IN FEET x'' 30 60 120 / ENCROACHMENT AREA ♦ 15' PUBLIC DRAINAGE j EASEMENT (BY PLAT) l - PRIVATE SSWR LINE F PRIVATE WATER LINE l 20' PUBLIC DRAINAGE EASEMENT (BY PLAT) PUBLIC STORM SEINER PROFILE 755 755 ENCROACHMENT _ - 750 v� 750 PLAN &PROFILE _ 6-1 1 OXENFREE AT 745 M� _ _PROP G.3i►QEl� 745 WEST OAK_ _-77-- FORT WORTH, TARRANT 740 740 COUNTY. TEXAS NOVEMBER 2023 7- - IPRC NO: IPRC23.0015 735 UBUC 56" -I I i P735 OWNER/DEVELOPER: - '- L_ .-_ ..__arpLuy► ' CORE PBSFR Developer, LLC ---� '--•P_UBLIC_48� 1643N.Milwaukee Ave ___._._l_ _... STORM•LIPEI-L+-� ' -�- _.�._.. _ _ 1 PRO!': FRI ✓AT�_ _. Chleego, IL80847 730 ._.... ��.-� `}. ' ! t _WATER•NI'TH�-i-'.--.:-L-:-. 730 CONTACT: Malt Pagoria _ AiE t I :._ - �RQP. PSI r[ATEi , PRbP I' IV SSWR Wily WATER TH EMB- -_ Meld •C ENGINEER: - ENHAN ED�• Ti ! , wmle725 _.�!.-_ _���;EMSEDMEN1Bf EN��t� Z5 Y' i i 7 1343SNa It Rd Two GOO. ON" 7— 2+50 3+00 4+00 5+00 6+00 7+00 Me 700 09.11, TX 76240 972.770.1300 Slat+ o! TaXas Regis"un No. F.92e PROPERTY DESCRIPTION ENCROACHMENT AGREEMENT - 0.121 ACRES OF LAND BEING a tract of land situated in the Pickney Caldwell Survey, Abstract No. 365, City of Fort Worth, Tarrant County, Texas, and being a portion of Lot 1B, Block 1, White Settlement Commercial Addition, an addition to the City of Fort Worth, Texas, according to the plat thereof recorded in Cabinet A, Slide 827, Plat Records Tarrant County, Texas (P.R.T.C.T.), and being a portion of a called 54.2562 acre tract of land described in the Special Warranty Deed to Core PBSFR Fort Worth Academy, LLC, recorded in Instrument No. D222287581, Official Public Records, Tarrant County, Texas (O.P.R.T.C.T.), and being more particularly described as follows: COMMENCING at a 5/8-inch iron rod with yellow plastic cap stamped "Dunaway & Assoc" found in the east right-of-way line of Academy Boulevard (a variable width right-of-way) at the southwest comer of said Lot 1 B, and being at the northwest comer of Lot 1AR, Block 4, Settlement Plaza Addition, an addition to the City of Fort Worth, Texas, according to the plat thereof recorded in Cabinet A, Slide 10130, P.R,T.C.T.; THENCE North 89`48'05" East, with the common line of said Lot 113 and said Lot 1AR, a distance of 925.09 feet to a point from which a 5/8-inch iron rod found at the southeast corner of said Lot 1 B bears North 89°48'05" East, a distance of 727.52 feet; THENCE over and across said Lot 1 B, the following courses and distances: North 0011'55" West, a distance of 150.01 feet to the POINT OF BEGINNING of the herein described tract of land; North 42°5l'59" West, a distance of 21.26 feet to a point for corner, North 00'1047" West, a distance of 18.75 feet to a point for corner; North 89'49'13" East, a distance of 2.50 feet to a point for comer, North 0010'48" West, a distance of 307.11 feet to a point for corner; North 89'49'20" East, a distance of 15.00 feet to a point for comer; South 00*10'47" East, a distance of 307.11 feet to a point for corner; North 89*49'13" East, a distance of 2.50 feet to a point for comer; South 00°10'47" East, a distance of 10.94 feet to a point for corner; South 42°51'59" East, a distance of 13.44 feet to a point for corner; South 47'08'01" West, a distance of 20.00 feet to a point for comer; to the POINT OF BEGINNING and containing 5,251 square feet or 0.121 acres of land. NOTES Bearing system based on the Texas Coordinate System of 1983, North Central Zone (4202), North American Datum of 1983, A sketch of even date was prepared to accompany this description. OF ��' ENCROACHMENT AGREEMENT �PICKNEY CALDWELL SURVEY, ABSTRACT NO.365 �: % I *;� JA CITY OF FORT WORTH ...'.......:... TARRANT COUNTY, TEXAS CRAIOSH..,} iml >>�Horn 9CRAIG D. BARTOSH d' }g455 NoN Road, Two GaUe a 0ifice Tel. No. (972) 770.1300 REGISTERED PROFESSIONAL TtaWel, Slate 7W. Dallas, Teems 75240 FIRM #10115500 Fax No.(972) 23M820 11 /3/2023 scale Dravm a cnecxed tv D e P ' heel No. LAND SURVEYOR N0. 6459 I —Y I —�- �� WA // KRA CD6 Nov. 2023 068295706 1 OF 2 ;ARTOSH, CRAIG 1IW023 10:40 AM KADA1._SURVEM69295104-CORE - WHITE SETTLEMENTOWGXCURE wHrrE S MEMENT_E�C AGRMT.DWG LEGEND — LINE TABLE P.O.C. = POINT OF COMMENCING �QS% P.O.B. = POINT OF BEGINNING NORTH NO. BEARING LENGTH IRFC = IRON ROD W/YELLOW "DUNAWAY" CAP FOUND L1 N42°51'59"W 21.26' F.� A�" IRF = IRON ROD FOUND �. a L�-IT 150 300 GAB./SLD. = CABINET/SLIDE L2 N00°10'4T W I 18.75' P.R.T.C.T. = PLAT RECORDS, TARRANT L3 I N89°49'13"E I 2.50' COUNTY, TEXAS 1A, GRAPHIC SCALE IN FEET O.P.R.T.C.T. = OFFICIAL PUBLIC RECORDS,y/ L4 I N00°10'48"W I 307.11' TARRANT COUNTY, TEXAS y CALLED 8.7858 ACRES CORE PBSFR FWA FOR SALE, LLC �` I L5 N89°49'20"E I 15.00' INST. NO. 11222287506 �� _ O.P.R.T.C.T_ L6 I S00°10'47"E 307,11' ------ \\ I L7 ( N89°49'13"E I 2.50' 1 r I L8 S00° 10'47"E I 1 D.94' WHITE SETTLEMENT A I I I COMMERCIAL ADDITION I L9 S42°51'59"E I 13.44' e I I CAB. A, SLD. 827 P.R.T.C.T. J L10 I S47°08'01 "W l 20.00' o� G� I I �y. I r LOT 1A, BLOCK 1 1 ', Ifi---- -- — — — — — — �-------------------�,1 I I II I 1 111 [162 s3UTILIT'EASEMENTCi aCAB. A, SLD. 8271LLP.R.T.C.T. L — — — J— �1 s,—,5'SANITARYSEWER— 6039 EMERGENCY ACCESS EASEMENT 1 `EASEMENT � CAB. A, SLD. 827 1 ` 9 LLJ 0 m CAB. A SLD. 827 LOT 1 B, BLOCK 1 I I P.R.T.C.T. t I I 58 ! m i P.R.i .C.T. (, I I U CI 57 OpCALLED 54,2562 ACRES f- Q�~17 ORE PBSFR FORT WORTH 15LITILIY EASEMENT w r V ACADEMY, LLC CAB. A, SLD. 827 1-1a� INST. NOD222287581 P.R.T.C.T. p- II i O.P.R.T.C.T. � � !I 111 Sg 0 J w 0 II 5'UTILrTY EASEMENT_^___________________�..t-----_—_---_�/�I I1P52 o7 rPRBT.C.TLD. 827 -`—------------ —` �0.121 ACRES-----JI30'EMERGENCY ACCESS i/C 1 II EASEMENT 5,261 SO. FT. CAB. A, SLD, 627 APPROXIMATE LOCATION OF P,R.T.C.T. J J \�\ I I ( 49 I ABSTRACTLINE � It 1 48 1111 15' UTILITY EASEMENT rL7�ICAB. A, SLD. 827 L3 / L8 �V 3rO I I 47 PRTCT. L2 L9 �,Q ,�r10"II — P.O.C. / L1 I L10 ��tSG \:� �� II 4B I d 5/8" IRFC P.O.B. G1 1 11 /' // i �NO°11'55"W Pt P 5/8" IRFC _ _ — — — `_ — — N89°48'05"E - 925.09' NOTES Bearing system based on the Texas Coordinate System of 1983, North Central Zone (4202), North American Datum of 1983. A description of even date was prepared to accompany this sketch, CRAIG D. BARTOSH REGISTERED PROFESSIONAL L 0F 1 150.01, N ---- _�----_ ---N89°4_8'05"E- 727.52'_--- —��_— 1!_ 11— LOT,AR, BLOCK SETTLEMENT PLAZA ADDITION CAB. A, SLD. 10130 PA.T.C.T, ENCROACHMENT AGREEMENT PICKNEY CALDWELL SURVEY, ABSTRACT NO, 365 CITY OF FORT WORTH TARRANT COUNTY, TEXAS K I" If )) Horn 13455 Noel Road, Two GaHrAs Office Tel. No. (9721770-1300 Tower, Suite 700, Ddee, Texas 75240 FIRM 1$ 10115500 Fax No. (972) 239382D LAND SURVEYOR NO. 6459 11 /3/2023 840e I Ore m by � o^eu�ed b L o=te I Proiect No. � Sheet No. i" - 31xr JAL KHA CD8 Date 2023 069285108 2 OF 2 BARTOSH, CRAIG Ilr31202310A0 AM K1DAL_SURVEY1069295104-CORE - WHITE SETTLEMENTIDWGICdRE WHTrE S EMENT NC AGRMT.D EXHIBIT B Certificate of Insurance Tier II Easement Encroachment Agreement Page 11 of 11 Revised 1212022 DATE (MM/DD/YYYY) �® CERTIFICATE OF LIABILITY INSURANCE 5/22/2024 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER. IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies) must have ADDITIONAL INSURED provisions or be endorsed. If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder in lieu of such endorsement(s). PRODUCER CONTACT Alliant Insurance Services, Inc. PHONE Kari Jefferson FAX 6400 S Fiddlers Green Cir Ste 2000 A/C. No. Extl: (A/C. No): Greenwood Village CO 80111 ADDRESS: Kari.Jefferson(nalliant.com INSURER(S) AFFORDING COVERAGE NAIC # License#: OC36861 INSURER A: James River Insurance Company 12203 INSURED CORESPA-02 INSURER B : Endurance American Specialty I 41718 Core PBSFR Developer, LLC 1643 N Milwaukee Ave INSURER c :Lexington Insurance Company 19437 5th Floor INSURER D : Chicago IL 60647 INSURERE: INSURER F : COVERAGES CERTIFICATE NUMBER:1142819394 REVISION NUMBER: THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. INSR ADDL SUBR POLICY EFF POLICY EXP TYPE OF INSURANCE LTR iW wvn POLICY NUMBER (MM/DD/YYYY) (MM/DD/YYYYI LIMITS C X COMMERCIAL GENERAL LIABILITY Y 019809120-00 4/15/2024 4/15/2025 1 EACH OCCURRENCE $1,000,000 DAMAGE TO RENTED CLAIMS -MADE FTI OCCUR I PREMISES Ea occurrence) $ 100,000 MED EXP (Any one person) $ 5,000 PERSONAL & ADV INJURY $ 1,000,000 GEN'L AGGREGATE LIMIT APPLIES PER: I GENERAL AGGREGATE $2,000,000 POLICY JECT PRO FX] LOC I PRODUCTS - COMP/OP AGG $ Included OTHER: $ AUTOMOBILE LIABILITY COMBINED SINGLE LIMIT (Ea accident) $ ANY AUTO I BODILY INJURY (Per person) $ OWNED SCHEDULED I BODILY INJURY (Per $ AUTOS ONLY AUTOS accident) HIRED NON -OWNED PROPERTY DAMAGE I $ AUTOS ONLY AUTOS ONLY (Per accident) $ A X UMBRELLA LIAB OCCUR Y 00129143-2 4/15/2024 4/15/2025 EACH OCCURRENCE $ 5,000,000 EXCESS LIAB CLAIMS -MADE I AGGREGATE $ 5,000,000 DIED I I RETENTION $ $ WORKERS COMPENSATION PER I OERH AND EMPLOYERS' LIABILITY ANYPROPRIETOR/PARTNER/EXECUTIVE Y❑ STATUTE I E.L. EACH ACCIDENT $ OFFICER/MEMBER EXCLUDED? N/A (Mandatory in NH) I E.L. DISEASE - EA EMPLOYEE $ If yes, describe under DESCRIPTION OF OPERATIONS below E.L. DISEASE - POLICY LIMIT $ B Excess Liability $51M xs $5M ELD30017708402 4/15/2024 4/15/2025 Per Occurrence $5,000,000 Aggregate $5, 000, 000 DESCRIPTION OF OPERATIONS / LOCATIONS / VEHICLES (ACORD 101, Additional Remarks Schedule, may be attached if more space is required) Additional Insured: City of Fort Worth CERTIFICATE HOLDER CANCELLATION SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN THE CITY OF FORT WORTH ACCORDANCE WITH THE POLICY PROVISIONS. Planning & Development - CFA Office PN23-00158 AUTHORIZED REPRESENTATIVE 200 Texas Street Fort Worth TX 76102- ©1988-2015 ACORD CORPORATION. All rights reserved. ACORD 25 (2016/03) The ACORD name and logo are registered marks of ACORD