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HomeMy WebLinkAboutContract 62862Date Received: 03 /03 /2025 Time Received: 3:45 pm Record Number: PN24-00187 City Secretary No.: _62_8_6_2 __ _ 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'1, acting by and through its duly authorized City Manager, Assistant City Manager, or Director of the Development Services Department, and MCP 18 LLC, a Texas limited liability company (''Licensee"), acting by and through its duly authorized representative. RECITALS WHEREAS, Licensee is the owner of the real property located at 4800 Marine Creek Parkway, Fort Worth, Texas 76179 ("Property"), being more particularly descnbed as, a certain 29.843 acre tract of land situated in the AF. Albright Survey, Abstract No. 1849, City of Fort Worth, Texas and being the remainder of that certain tract of land conveyed as Parcel No. 3 to Marine Creek of Texas Joint Venture, an addition to the City of Fort Worth, Tarrant County, Texas, as recorded in Deed Records, by Instrument Number D218284427, in Tarrant County, Texas; and WHEREAS, the City owns a sanitary sewer easement (the "Public Property") located on the Property, dedicated to the City in an easement ftled in the Tarrant County Deed Records as Instrument Nwnber D206157740; 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 tenns 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 11 Easement Encroachment Agreement Page I ofl3 Revised 12/2022 inshalling, and maintaining a private storm line (the "Encroachment"). Upon completion of the Encroachment, Licensee agrees ta be responsible for maintainmg the Eneroachment within the Public Property. Licensee shall not expand or otherwise cause the Encroachment to further mfrmge in or on the Pubfie Praperty beyond what is specifically descnbed in Exhibit ��A." 2. All COI1StTUCl1Qi1, installation, maintenance, and operation of the Encroachment and the use or occupancy of the Public Property shall compty with and be perfarmed in strict campliance wich this Agreement and with the charter, ordinances, cades, and polieies of the City. Prior to the eonstruction or installation of the Encroachment, Licensee shall submit all plans and specificat�ions to ttze Director of the DeveIop►nent Services Department or duly authorized representative, Licensee shall not commence construction or instapation of the Encroachment nor make any use of the Public Property until a#ier the execution of this Agreement by both parties. 3. Licensee, at no expense to the City, sha(1 make proper provisions for the retocation and installarion of any existin� or future utiliries located or to be situated on the PubGc Property and adversely affected by such Encroachment and the use or occupancy of the Public Property by Licensee, inetudin� the securin� the approva( 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 futute utility or improvements owned by or constructed by or on behalf �f the public or at public expense on the Public PrQperty is made substantially more costly by virtue of the consh-uction, maintenance, or existence of the Enaraachment and use oi �'ublic property, Licensee shall pay to City an additional amount equal to such actual additiorial cost as detercnined by the Dircctor of Transportation and Public Works, the Director of the Water Department, the Director of the Development Services Department, or their duly authorized representative. a. Licensee agrees that City rnay enter and utili�e the Public Property at any tirae for any public purpose, including tt�talling, 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 responsibi[ity or liability for any damages related to the Encroachment resuhing from the City's use of the Public Property except to the extent such damages are cattsed by the City's ��ross negligence or w71fu1 misconduct. Provided, however, the City shall make reasonable efforts to minunize such dannage to the portian of the Public Property subject to the Eneroachment and shall not unreasonably interfere with ths Licensee's use thereof for such purpases dascr�bed h�rem. 5. Tier 11 Ensement Fncronchme�u Agceement Page 2 of l3 Revised I712022 Upon termination of this Agreement, Licensee shall, at the option of and at no expense to the City, remove the Encraachment and restore the I'ublic Property to a conditian substantially similar ta the condition then existing as of the date hereof, su6ject to norrnal wear and tear, when such condition is reasonal�ly acceptable to the Director of Transportation and Public Works, the Directar of the Water Department, the Director c�f the Devetoprnent Services Department ar their da}y authorized representative. Any such removal of the Eneroachment shall be in accordance with then-existmg City regulations and policies, It is understoad and agreed to by Licensee that if this Agreement terminates m accardance with the ternns hereof and [.icensee fails to remave ttze Encroachment and restore the Public Property, Licensee hereby gives City permission to remove the Encroaehment and any supporting structures for the Encraaohment from the Public Property, to restore tBe Public Property, and to assess a lien an the Property to secure the repayment t�f tbe actual costs expended by the City in taking such actions permitted hereby. 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, maintenar�ce, inspection or management af the Encroachment and use of Public Property as provided far by this Agreement, L�censee agrees to pay to City at the time this Agreement is requested a one- time application fee in the sum of Nine Hundred Dollars (�94d.00) (the "�'ee"). 7. The term of this Ageement shall be for thirty (30j years, commencing on the date thi.5 Agreement is executed by City. However, the City may texrninate this Agreement upon written notice to Licensee iu the event Licensee fails to cure to the City's reasonab[e satisfaction Licensee's noncampliance with any of the ter►ns of this Agreement or any applicable l�w withm thirty (30) days af �otice from City. Pcovided, however, if such Cure reasanabiy cannot be campleted within thirty (30) days despite Licensee's good faikh effort, the City may, at its sale but reasonable option, allaw the A�reement to remam m effect so long as Licensee has taken reasonable measures to cure the noncompliance or is continuing to diligent}y attempt to remedy the noncompliance, 8. It is fiu-ther understood and agreed between the parties hereto that the Public Property to be used and encroached upon by Licensee pursuant to the terms hereof is held by City as trustee for the gublie; that City exercises such powers aver the Public Property as have been delegated to it by the Cnnsritution of the State of Texas or by the Texas Legislature; and that City cannot contract away its duty and its iegislative power ta control the Public Property for the use and benefit of the public. It u accordingty agreed that if the governing body of City may at any time during the term hereof determine in its Tier (I Fmsemeiu EnciaachmentAgceecr�nt Page 3 ofl3 Revised 12/2022 sole but reasonable discretion to use ar cause or permit the Public Property tv be used for any oth�r public purpt�e, including but nnt being tunited to und�rground, surt'acc, nr averhead communication, dra�a�e, sanit�ry sewerage, tr�nsmission of natural g�s or e�ectricity, ar any other pubfic purpose, wheth�r presently contencap�ted or nol, that the parties �gee to negpt�ate in goocl faith zn arder to �ccaiYunodate both the Encroachment at�d d�e new public pur�se. 9. LiCENSEE COVENANTS AND AGREES TO INDEMNIFY, ANll aOES I�ER.EBY tNDE14iNIFY, HQLD HARi41LESS, AND DEFEND CIT'X, ITS OFFICERS, AGENTS, SERVANTS, EMPLOYEES, AND ELECTED �FFICIALS FROM AND AGAINST ANY AND ALL CLAIMS UR SUITS FUR PROPERTY DAMAGE OR LOSS� ANDIOR PERSUI�AL INJURY, INCLUDING DEATH, TU ANY AND ALL PERSONS, OF WHAT80EVER KIND OR CHARACTER, W1��THER REAG OR ASSERTED, ARISING UUT OF OR IN CUNN�CTION WITH, DIRECTLY OR INDIRECTLY, THE CONSTRUCTIUN, MAINTENANCE, OCCUPANCY, USE, EXISTENCE, OR LOCATiUN OF THE ENCRt)AC�MENT AND USES GRANTED HER�UNDER, EXCEPT TO THE EX7'ENT CAUSED BY THE GRU�S NEGLIGENCE �R WILLFUL MISCUNDCICT O�' 'T�E CITY OR OF�ICERS, AGENTS, SERVANTS, EMPLOYEES, C(?NTitACTORS, UR SUBC4NTRACTORS OF 'T�T� C�TY (COLLECTIVELY, "CITY PARTIES"}; AND LICENSEE HEREBY ASSUM�S ALL LIABILiTY AND RESPONSXBILITY FOR SUC�I CLAiIVtS OR SUITS. LI�EN5EE SHALL LIKEWISE ASSUME ALL LIABILITY AND RESPONSIBILITY AND SHALL �NDEMNIFY CITY FO�t ANY AND E#LL INJUR'Y QR DAMAGE TO CiTY PRUPERTY ARISING OUT OF OR IN CONNECTION V4�TH THE ENCROACHMENT AND ANY AND ALL ACTS OR QMISSIUNS QF LIC�NSEE, ITS OFFIC�RS, AGENTS, SERVAt�iTS, EMPLOYEES, CONTRACTORS, SUBCONTRACTQRS, LICENSEES, OR INVITEES EXCEPi TO THE EXTENT AN'Y OFTHE FORECOING IS CAUSED BY THE GROSS NEGLIGENCE UR WILLFUL MISCC3NDUCT OF THE CITY PARTIES. NOTWtTHSTANDIN'G ANY O�' THE FOt��GOING, LTCENSEE SHALL N�DT HA'VE ANY OBI;rGATIUN Tt� �NDEIViNYF'Y T�iE CITY TO TH� EXTENT ANY CLAIMS, DEMANDS, ACTIONS, SUITS, JUDGMENTS OR RE�OVERICS ARIS� OUT OF A PRE�EXiSTING C4�VDITION ON, UNDER UR �THERWISE AFFECTING THE PUBLIC PROPERTY T�iAT TAE LICENSEE NOT�FIED TI�E C�TX OF IN WRITiNG PR�OR TU THE EXECUTIUN OF THt5 AGREEM�NT+ 10. Whilc thi.s Agrcctnent i� in effcct, Liccnsee agrecs ta fiunish City with a Certificate of Ynsurance namins City as certificate haIdcr insurcd as proaf that is has securcd and paid for � poticy of public liabitidy insurance cavermg all public risks re�ated Tier II Easement EncmachmentAg�eai��i Page4 of 13 Reviseti 1212022 to the proposed use and accupancy of public property as located and described in Exhibit `�A." The amount 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 insnrance policy shall not be canceled or amended without at teast thirty (30) days prior written notice to the Building 4fficial of the City. A copy �f such Certificate oF Insurance is attached as Exhibit "B" and incorporated herein for all pwposes. Liccnsee agrees, binds, and obligates itself and its successors and assigns ta maintain and keep in force such public liabt'�'ty insurance at alt tunes during the term of this Agreement and unt�7 the remaval of the Encroachment and restoration of the Public Property. All insurance ewerage required herein shall include coverage of all Licensee's contractors and subcontractors. 11. Licensee agrees to depasit with the City when this Agreement is executed a suffieient sum of money to be used to pay necessary fees to record th�s Agreement im the real property records of the county in which the Encroachment is (ocated. After being recorded, the original shall be returned to the Ciry Secretary of tk�e City of Fort Worth. 12. Licensee agees ta comply fully with all applicable federal, state, and l�cal laws, statutes, ordinances, codes, and regulations m connection with the canstruction, operation, and maintenance of the Encroachment and use af the Public Property. 13. Licensee agrees to pay pr�mptly when due all fecs, taxes, or rentals provided for by this Agreement or by any federal, state, or local statute, law, or regutation. ]4. Licensee covenants and agrees that it shaQ operate hereunder as an independent contractor as to all rights and privileges granted hereunder and not as an of%cer, agent, servant, oc ernployee of City, and Lieensee shall have exetusive control of and the exclusive right ta control the detai7s af its operations, and all persons performing same, and shall be soIely responsrble for the acts and omissions of its officers, agenis, servants, ernployees, contractors, subcontractors, licensees, and 'mvitees. The doctrine of respanc�eat sup�rior shall not �pply as between City and Licensee, its of%'icers, agents, servants, employees, coritractors, and subcontractors, and nothing herein shaIl be canstrued as creating a partnership or,�oint enterprise between City and Licensee. Tier It Fasement Encrouchment A�teetrteni Aage 5 af ]3 Revised ]212022 15. Licensee agrees and acknowtedges that this Ageement is solety for the purpose of pennitting Licensee to constntct, maintain, and lacate the Encroachtnent aver or within the Public Property and is not a conveyance vf any right, title, or mterest in or to the Public Praperty, nar is it meant to convey any ri�l�t ta use or occupy property in wluch a third-party may have an interest. Licensee agrees tltat it will obtain all necessary permissions before occupying such property, 1G. In any action brought by the City far the enforcement of the obligations of the Licensee shall be entrtled to recover interest and reasonable attorneys' fees. 17. The parties a�ree that the duties and obligations conta�ed 'm Section 5 shall survive the tern�ination of'this Agreement. 18. Licensee covenants and agrees that it will not assign all or any of its rights, priv�eges, or duties under this Agreement without the written approval of the City, and any attempted assignment without such written approva� shall be void. In the event Licensee conveys the Property, Licensee may assign all of its rights and obligations under ths� Agreement to the new owner of the Property, and Licensee shall be deemed reteased from its duties and abligations hereunder upon City's approval in writing of such assi�unent, which appraval shall not be unreasanably conditioned or withhetd. Forec�osure by a secured lender of Licensee or assignment ta a secured tender by Licensee in the event of default or otherwise shnll not require City approvai provided that said tender nat�es City in writing within slxty (b�0) days of such foreclosure or assignrnent and assumes all af. Licens�e's rights and obG�ations hereunder. However, no change of ownership due to foreclosure or assignment to any secured lender of Licensee shall be effectiv� as to City untess and unt� written notice of such foreclosure or assignment is provided to City. 19. Prior to the end of the term af this Agreerrsent, Licei�see may submit a new encraachment application to the City. The City will nat unreasanabty withhold or delay approval of such application provided that the Eneroachment foltows the then current City cvdes and compliance, 20. 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. Tier il FAsement �ne�uchment Ag�eema►t Page 6 of ! 3 Revised i2J2022 21. This AgreemenC shail be binding upon the parties hereto and kheir successors and assi�ns. 22. This Agreement may be executed in multipie counterparts, each of which shall be considered an originai, but all of which shall constituke one instrument. (SiGNATURES APPEAR ON FOLLOW[NG PAGE] Tier [1 F..asem�nt Fnemachment Ag�eement Page 7 of 13 Revised 1?J2Q22 EXECUTED to be effective on the date signed by the City's Director of Development Services Department City: CITY OF FORT WORTH By: Dalton Harr:11,q=eb 25, 202513:47 CST) D. J. Harrell Director, Development Services Department Date: Feb 25, 2025 ATTEST: Approved As To Fonn and Legality Jannette Goodali City Secretary Hye Won Kim Assistant City Attorney Contract Compliance Manager: By signing I acknowledge that I am the person responsible for the monitoring and administration of this contract, including ensuring all perfonnance and reporting requirements. 'Rebecca Owen Rebecca Owen (Feb 18, 2025 14:28 CST) Rebecca Owen Development Services Manager Tier 11 Easement Encroachirent Agreement Pagc8 of13 Revised 12/2022 Liccnsce: NiCP 18 LLC il TC;C1S III111CCCI �I�hlllty C0117}�111y � � �/� , ; ..�_� < �` l � t l C-- By� �---- — ---- Name; David Shanks Title: Manager Date: �- (��- �v,zs' STATE Or �a COUNTY UF' .���. e-.�__ § § BCI�ORL MC, the undersigned authorit � Natary Public in �nd for the State of � ��Ujd �.�c.��, __, on this day pecsonafly �tpE�e��red �Itn C. Shanks, ��lanager, la�o�vn to me to be the person �vhose n��me is subscribed to the f��regoing insirument, ancl ackno�vledged to Ill� that he or she executed the S�UlI(: r01' the purposes and C01151C�eC�ll1011 therein ex��ressed, as the act and deed ol' MCP18 LLC, a'rexas limitcd liability company, �llld 111 thc cap�city thcrcin statcd. -lti'- GIVL'N UNDLR MY 1-fAND AND SEAL OF OFf�ICL this �n _ day of ��.C.� �� �.{�� , 2025. _ � �l y /� I '1 �L�L<<=-cZ��C �{��� i � , ��� Notary Aublic in �nd iur the Statc of — =—�--- Ticr ll I��scnwnl lincroachnx�nl Agiccnwnt nao:oe`-- :a:ss�o :. � � � .. :� " o .• � � � � r. , , � �� •� -.: �. •�, • �.� � .. .. � ' .. .. � . .� • � ., �s_ _s. :ss:oss: �i.. Pa�c 9 of 13 Kcviscci 1212022 STATE OF TEXAS § COUNTY OF TARRANT § BEF�RE ME, the undersigned authority, a Notary Public in and for the State of Texas, on this day personatty appeared D. J. Harrell, known to me to be the person wht�se narne is subscnbed to the foregoing instrument, and acknowledged to me that he executed the same for the purpases and cnnsideration therein expressed, as ttt� act and deed of the City of Fort Worth, and in the capacity therein stated. . G1VEN UNDER MY HAND AND SEAL OF OFFICE this 2sth day of February �2025. Ir✓e��d� /> zar�!s�'Q Notary Public in and for the State of Texas 0,�4,RY P(ie`/ W E N D Y L B E A R D S L E E 2 n � Notary Public # �[7 * STATE 4F TEXAS �'� � � Natary I.D. 13323719-3 After recording rehun to: ��oF�``� My Comm. Exp. July 28, 2025 Deve�Oprnent Services Department Devebpment Coordinatian Offiice 1U0 Fort Worth Trail Fort Worth, Texas 76102 Tier [I Easeinent Eneroachment Ag►eement Page l0 of t3 Revised 17J2022 EXHIBIT A Depiction and description o.f the Encroachment Tier lI Easement Encroachment Agreement Page 12 of 13 Revised (2J2022 MAPSCO# OQ7L COUNCIL DISTRICT #2 OWNERIDEVELOPER: MARINE CREEK DISTRIBUTION CENTER EIDERCREEK,CAPITAL,LLC >»Horn 8333DOUGLASAVENUE }�mley FORT WORTH, TEXAS p�.�S, TEXAS 75225 � OCTOBER 2024 CONTACT: BEN C DOHERTY �*r�.�+�� ��ix»�oz nn.sxa�n Sbro NTuaf IiaQiV�GM Na. FA]D _• � �l ►1�' LEGAL DESCRIP710N EASEMENT ENCROACHMENT BEING a 0.0080 acre {350 square foat) tract af {and situated in #he Rabart Mussleman Survey, Abstract No. 1102, City of Fork Warth, Ta�rant County, Texas and being e part of Tract 3 as d�scribed in Special Warranty Deed to MCP18 LLC recorded in (nstrument No. D218284427, Oiflcial Pubiic Records, Tarrant County, Texas, said tract being more particularly described as follows: COMMENCING at an lron rod with cap stamped "PEISER & MANKIN SURV' found for the southwest comer af seid Tract 3 and being on the north right-of-way line of N.E. Loop 820; , THENCE North 04°19'22" West, along 1he west line of said Tract 3, a distance of 1,042.19' feet to a point, fram which said point a 1/2-inch iron rod with cap stamped "PEISER & MANKIN SURV" faund for the northwest comer of said Tract 3 bears Narth 04°11'22" West, a distance of 8�0.49 feet; THENCE North 85°48'38" East, depar�ng said west line, a distance of 20.00 feet to the Pl31NT OF BEGINNING; THENCE North 04°11'22" West, a distance af 10.00 feet to a point for corner; THENCE North 85°48'38" East, a distance of 35.OQ feet to a point for corner; THENCE South 04°11'22" East, a distance of 10,OQ fest to a point for comer; THENCE South 85°48'38" West, a distance of 35.00 feet t� the POINT OF BEGINNING and containing 350 square feet ar 0.0080 acres of land, more ar less. NOiES Bearing system based on fhe Texas Coorciinate System af 1983 (2Q11 adJustment), North Central Zane (4202). A survey plat af even survey date herewith accompanies this metes and bounds descrlption. . The undersigned, Registered Professional Land Surveyor, hereby certifies that the fore�oing description accurately sets out the metes and bounds of the encroachment tract. MICHAEL C. BILLINGSLEY REGISTERED PROFESSIONAL LAND SURVEYOR N0. 6558 801 GHERRY STREET, UNIT 11 SUITE �300 F�RT WORTH, TEXAS 76102 PH. 817-335-6511 michael.billingsley@kimley-harn.com EASEMENT ENCR�ACHMENT ROBERT MUSSLEMAN SURVEY, ABSTRACT NQ. 11 Q2 CITY (�F FORT WORTH TARRANT GOUNTY, TEXAS NORTH 0 20 a0 ORAPHIC BCALE IN FEET NQT'�S 1 , I ' ' I l ► t � I I { ' � 1 l P.o.�. ! ,,.r .� — � � � I ��� �� ` � �� � o� I a � �' �� i �` � � ' �� � �� � � � � 1 � � I z ' � L3 � N J ..� I i.� � 45 � � � � � i!2' IRFC 'PEISER 8 MANKIN 3URV' I ` o � ` r' < � � Nm � 1 ( �om� � , �� ; i i W�� � � i� � N' �� 'PEISER � MANKIN SURV' LINE TABLE N0. BEARING LENG7H Lt N85°48'38"H 2O.00' ' �2 �oa°���az^w �a.00� L3 N85°48'38"E 36,Q0' L4 SO4°11'22"E 10.00' L6 S85°48'38"W 35.(20' TRACT 3 MGP1$, lLC (INST. NO. Q2182$4427) .0�80 ACRES 50 �Q. FT. I � f � � � i/��,,0 i � i ����'� / 5� � ��,0 i QOQ \.�`Z � LECsEND . J P.O,C. = POINT OF COMMENCING P.O.B. = POINT OF BEGINNING IRFC = IRON RbD W/CAP FOUND Bearing system based on the Texas Coordinate System of 1983 (2Q11 ad)ustment), North Central Zone (4202j. A metes and bounds descriptfon of even survey date herewfth accompanies this survay plat. The undersigned, Ftegistered Professional l,and Surveyor, hereby r.ertifies thet this survey plat accurately sets aut the metes and bounds of the encroachment tract. oF MICHAEL C. BILUNGSLEY REGISTERED PROFESSIONAL LAND SURVEYOR NO. 6558 801 CHERRY STREET, UN1T 11 SUITE 1300 FORT WURTH, TEXAS 76102 PH. 817-335-6511 michael.billingsley@kimley-horn.aom � .' `r'' `:� "•;�' 7�;r� ';� . : ........................ �ICHAEL CLEp BILLINGSL . .:,`A ...6558... Pv : . �'9 ��� E' S 5���' n�' a°�su�y�` EASEMENT ENCROACHMENT ROBERT MUSSLEMAN SURVEY, ABSTRACT Nta. 1102 CITY OF �ORT WORTH TARRANT COUNTY, TEXAS Kimle >>>Harn 6160 Werren Porkway, 8ulte 2t0 � Td. No, (8721S�S3580 Fdsoo, Tems 75034 FIRM A 10193822 Fax No. (B72) 935-3778 � � � P�s �� �ts 1• � qV SB MCB 10l03I2019 081320600 2 0F 2 ,DWG / � �`: /J J %, I (� f� I i1 /� i;� �i %� i � � PART OF TRACT 2 MCP18, LLG (INST. NO. D2i8284427) // ADDRESS: 5204 MARINE CREEK PARKWAY � APN:42500859/42500867l07124279 zorv�: x —�--------- MCP18, LLC (INST. NO. D223161991) �__..� � I� � �i � I.�I I �. i� ° � rvoarH I /�/ � i CH DOF I-ECC ( � w � ENCROACHMENT#t � , ' PRIVATE STORM .1 r I FORT WORTH MARINE CREEK, L.P. I� ' ` � ; /� ;� (IN5T.N0. D222150851) � � � �' ;f: -- — — --� i l -r � � � I e r a� a, ��� �� � 3� �Y� , ADLIRESS: 5204 MARINE GREEK PARKWAY APN;42500859/42500867107124279 ZONE: X �— EXISTING 10° PUBLIC ' SEWER LINF S � � ( � ���CiT �n � 7EXAS ELECTRIC SERVICE COMPANY (VOL. 25�2, PG, 593) _�.. �... __�.__�.�.... -t � TRACT3 � MCP18, LLC LOT 1, BLOCK 1 I(It�ST. NO. D218284427) DATAPOINT ADDITION (VOL. 388-137, PG. 84) � OAK STREET INVESTMENT GRADE � APN: 07124287/ NET LEASE FUND SERIES 2020-1, LLG 04059115/ 05648922 (INST. NO: D220306352)APN: 04546962 ( � ZONE; A MARINE CREEK DISTRIBUTI�N GENTER �l�a FORT WORTH, TEXAS �e� OCTQBER2024 GRAPHIC SCALE IN FEET wmley>>> Horn 0 75 150 300 w, cn«,r5�*n w. n I s�" im ra�nanrxie�m eir.wsyi� YCa NTam RDytaeEM N? F??d OMO NAl1f� �Vi1M_A111.W617S0000 �YNOI[ tlIIDfWM0�F7��4T6�C11CROM'Y6tNi pQtOR.OlD IAHT &11'� 10/►I� 42S N1 T m� � �p Q� � A y Z -�1 �m �� � m m � 0 � � � � 00 � � a z 4 c� � � m z � m � � + 0 � ���� � ��rn �� �� �� S 0 -� � m z � 0 A _ � rn z � � � EKHIBIT B Certificate af�nsurance Tier1I Easement Fncroachment Ag�eement Page l3 of 13 Revised 12J2022 � �� CERTIFI�ATE C�?� LIA�lL.IiY INSURANCE OATE (ttlAlDtHYYYY} THIS CERTIFtCATE !S ISSUED AS A EMTi'ER OF INFORMATt�N ONLY ANO CONFERS NO RIGHTS UPON TNE CERTIFfCATE HOLt3ER. THI8 CERTIFICA'P� DOES N07 AFFiRMATtVELY OR NEGATIVELY ANfEND, EXTENa OR ALTER THE COVER14GE AFFOROED BY THE POUCiES 8�1.4W. THIS CERTIFICATE OF INSURANCE DOE3 NOT CON8TITLiTE A CONTRACT BETWEEN THE ISBUING lNSURER(8j, AUTHdRlZED REPRBSENTATiVE OR pRODUCER, AND THE CPRTIFlGATE Hp1A6R. IMIPORTANT: H the certlOcete haldar Is an ADOITtONAL IN8URFA, the palicy(lea) muet have ADD!'f10NAl. (lY3URE0 provistons ar ba endarsed. If B�BR�(iATtON IS WAIV�Q, subject tn the terms and condtHans of the policy, oertain qoltctes may requtre an endoraement� A atateme�t on this cortNfcete does not cor�fe► riahts to tho certificate holdor tn lieu of auch ertdorsomentisl. PROOUCER Higginbotham insuranca Agency, Inc, 500 W.13th SUeet Fort Worth 7'X 7�102 txsuam MCP18, LlC 3000 Aft�mesa �Ivd., Suite 3U0 �ort Worth TX 78133 J8RR8 INSURER 8 s__..._.._____----- COVERAGES CER7IFICIITE NUMBER: bt1321529 REYlSlON NUMBER: THIS IS 70 CER'fIFY THAT 7HE PQLtCIE& OF INSURANCE USTED BElOVif HAVE BEEN 1SSUED TO THE iPISURED NAMED ABOVE FdR THE POUCY AERt00 INDICATEQ, N�1WI7N3TANDING ANY REpUIREAiENT, TERM OR CONDITION OF ANY CON7RACT OR OTHER QOCUhdENT WlTH RESPECT T� WHICN THIS CERTIFICA7E MAY BE IBSUEG dR MAY RERTAIN, 7H� tNSUf2ANCE AFFORQED BY T#1E POLICIES DESCRIBEO HEREIN IS 8U8JECT TO ALL THE TERMS, EXCLUSIONS AND C�hiDITI0N9 OF SUCH POLICIE3. UMITS SHOWN MAY HAVE BEEN REOUCEO BY PAID CLAIM3, ---�- ---- .__--------- utura •-------- tN&R T --� g — -------.-._..._.._..__.__ ---r-POLtCYBFP PdtlCYR'XP TYPEOF WSUAAttCL POLtGY0lUM9ER A X COMNERClALa�YtERAl.t1A8tUTY GL07881244-00 ! 4l1612Q24 4/15/2A26 EqCHOCCURRENCE. S t,OQ0,000 l '6dF1A�E 76FtiiNTEO'_._.� _ �_J CIAIMS�MADE � X.� OQCUR � _P_RElAI&E�-�A.W1CtB[e[I49 S 1����____�__..�.._ x surn s�o,00u i �o �aw +�n one oereant s Q__.�___..r... --_ ...._._..__..,..-----.._—..---------- j PERSONAI.6ADV�NJt;RY S1�OQ0.000 . • -----_._._._.._..----- -•----•---•-----._._..........,. GF]iLAGGREGATELIMlTAPPLIpPER: � GFJtERAIAGGREGATE S2,OQ4i000,_____.�.._ PpLtCY Q�T Lx_! LbC � PRODUCi8 - COMPIOP ADG S 2,OD0.040 C1TidHR: ' S AUT'O►ROBIL�W{[BtlitY = (WM8(a�N��B_._t-ELAt17.._. .$_ ....... ........._�...._..... _ ANV AUTO i pODILY INJURY (Per poMun) $ .,.�..`.y-- OWNED &CHEDULED BOOILY M3URY (Per ecsttlenu S AUT080N1Y AUT09 � ��.�_---____.--- HIRED KON-0'NNED i PROA�Y OAlA71GE -- -s AUT49QNLY AUTOSONLY � IPrtnc�derW--------- ----------- i $ V�10R�Lll►LNB (1GCUR � EACi1QCCURRFitCE S BXCP�S UAB _ p.A(fAS�MADE i AC,C3REt3A7E ----- 3 ---.��----- 0�0 R�IENTIpN ! S . p� qTH• A�$�M�07&RB' LIAgtLtiY ' __. .9iATUi'� ---- ER -- ----„--.._�.�__�.__. MIYPROPittEfOR1PARTN�R/EXECUTroE Y f N � E.L. fACHACCIDENT S tlFFlCEWASF�.tBEREXCIUDEP7 � NIA � . __.. _.__.__..,----•.--.-.-- (IAmWstorytnNFi� � E.LRIS�A9E-PAEAWLO S_.__.__.�_�`- - 11yae 6asortb6 tnd:r qESCR[PTION OF QPERATtGNS bolaN E.l. O16EA9E • POUCY LItaIT S � DE8CR{PTtONOFOPENATiONGILflCATI0N8fVH{ICLES (ACORD701,Additlondltartwrka6clndub,rtwybcattaah¢dHmoruspaooh�vqulrod} The Gereeral Liebil'ity policy tncludes a blanket sutoma6c addikonel insured endorsement that provides addiGonal insured sEetus and the General Liabliity po{Icy inciudes a blartket welver of suhrogallon enctorsemant tn the cerdfccata ho(dar when required 6y written contracl. 'fhe General Uehilitypo licy hes a blenket Prfmaty � Nan-Cantributaty endorsement that af�ords that coveraga to certl�cale holders oniy whera Ihere !s a wrlUen aontract betwa�n lha Named Insured and iha ceAitlaale holdar that roqulres such stalus. The Genaral ua6ility policy lnctudes an endorsement provldfng tbat 30 days' rtodce oi cancellstlan wiU be tumished to tF� cert�ticate holder. City of Fort Worth Contract Management Office PN24-QD18T 100 Fort Worth Trall Fort Worth TX 76102 AC4RD 25 (20161�3) BFiGULU ANY OF TNE A84YE OESCftt$EO pOLlCi68 BE CpNCELLED B�FORE 7HE EXPIRATfON aATE THEREQF, NO71RE WILL BE DELNF�D IN ACCORDANCE WITH TF{E POLiCY PROVlSIOHS. � 1988�2015 ACQRD CORPORATI�N. Atl The ACORD name and togo are r+sgtstered marks ai ACORD