HomeMy WebLinkAbout12-11-2025 CDC/EDC Meeting Packet
MEETING AGENDA
ANNA COMMUNITY DEVELOPMENT CORPORATION
AND
ANNA ECONOMIC DEVELOPMENT CORPORATION
Thursday, December 11, 2025 @ 6:00 PM
The CDC/EDC of the City of Anna will meet on Thursday, December 11, 2025, at 6:00 PM, in
the Anna Municipal Complex – Council Chambers, located at 120 W. 7th Street, to consider the
following items.
1. Call to Order, Roll Call, and Establishment of Quorum.
2. Invocation and Pledge of Allegiance.
American Pledge: I pledge allegiance to the flag of the United States of America, and to
the republic for which it stands, one nation under God, indivisible and justice for all.
Texas Pledge: Honor the Texas flag; I pledge allegiance to thee, Texas, one state under
God, one and indivisible.
3. Neighbor Comments.
Persons may address the Board of Directors on items not on the agenda; please observe
the time limit of three (3) minutes. Members of the Board cannot comment on or deliberate
statements of the public except as authorized by Section 551.042 of the Texas Government
Code.
4. Consent Agenda.
a. Approve minutes from the November 13, 2025, Joint Community Development
Corporation and Economic Development Corporation Meeting. (CDC)
b. Approve minutes from the November 13, 2025, Joint Community Development
Corporation and Economic Development Corporation Meeting. (EDC)
5. Items For Individual Consideration.
a. Consider/Discuss/Action on Resolution No. 2025-12-19 approving a
Professional Services Contract between the Anna Community Development
Corporation and Toole Design Group, LLC for an Illustrative Plan for the
Downtown District. (CDC)
b. Consider/Discuss/Action on Resolution No. 2025-12-20 to approve a project of
the Anna Community Development Corporation including entering into a
Purchase and Sale Agreement to acquire property near the intersection of
Powell Parkway and F.M. 455, and with a leaseback for property. (CDC)
c. Consider/Discuss/Action on Resolution No. 2025-12-21 to approve a project of
the Anna Economic Development Corporation including entering into a
Purchase and Sale Contract to acquire property near the intersection of
Hackberry Drive and N. Powell Parkway. (EDC)
6. Manager's Report.
a. Strategic Plan Update
b. Financial Report / Sales Tax Update
c. Event Updates / Upcoming Events / Reminders
7. Closed Session.
a. Consult with legal counsel on matters in which the duty of the attorney to the
governmental body under the Texas Disciplinary Rules of Professional Conduct
of the State Bar of Texas clearly conflicts with Chapter 551 of the Government
Code (Tex. Gov’t Code §551.071); Grant program; Lease agreement and
professional services contract. Pending Contracts.
b. Deliberate regarding the purchase, exchange, lease or value of real property.
(Tex. Gov’t Code §551.072) possible property acquisition; possible land
sale/purchase.
c. Discuss or deliberate personnel matters: (1) to deliberate the appointment,
employment, evaluation, reassignment, duties, discipline, or dismissal of a
public officer or employee; or (2) to hear a complaint or charge against an
officer or employee. (Tex. Gov't Code §551.074).
d. Discuss or deliberate Economic Development Negotiations: (1) To discuss or
deliberate regarding commercial or financial information that the Board of
Directors has received from a business prospect that the Board of Directors
seeks to have locate, stay, or expand in or near the territory of the City of Anna
and with which the Board is conducting economic development negotiations; or,
(2) To deliberate the offer of a financial or other incentive to a business prospect
described by subdivision (1). (Tex. Gov’t Code §551.087); potential retail and
medical projects.
8. Reconvene into open session and take any action on closed session items.
9. Receive reports from staff or Board Members about items of community interest.
10. Adjourn.
This is to certify that I, Joey Grisham, Director of Economic Development, posted this Agenda
on the City’s website (www.annatexas.gov) and at the Anna Municipal Complex bulletin board at
or before 5:00 p.m. on 12/05/2025.
______________________________
Joey Grisham,
Director of Economic Development
IMPORTANT LEGAL NOTICE: The Corporation may vote and/or act upon each of the items listed in this agenda. The
Corporation reserves the right to retire into executive session concerning any of the items listed on this agenda, whenever i t
is considered necessary and legally justified under the Open Meetings Act.
In accordance with the Americans with Disabilities Act, it is the policy of the City of Anna to offer its public programs,
services, and meetings in a manner that is readily accessible to everyone, including individuals with disabilities. If you ar e a
person with a disability and require information or materials in an appropriate alternative format, or if you require any oth er
accommodation, please contact the ADA Coordinator at least 48 working hours in advance of the event by emailing
adacompliance@annatexas.gov. Advance notification within this guideline will enable the City to make reasonable
arrangements to ensure accessibility.
“NOTICE OF POSSIBLE QUORUM”
Thursday, December 11, 2025 @ 6:00 PM
CDC/EDC Meeting
Anna Municipal Complex, Council Chambers 120 W. 7th St.
Anna, TX, 75409
The Anna City Council may have a quorum in attendance at this meeting.
CDC/EDC Meeting
It is not a certainty that a Quorum or other number of members of a City Affiliated Body will
attend the event; and
No vote or any other action will be taken by any Quorum or other number of members of a City-
Affiliated Body that may be in attendance at the event; and
The attendance or nonattendance of the event by a Quorum or other number of members of a
City-Affiliated Body is not an endorsement or any other type of statement in support of or
against any event, topic, position or issue that may be the subject of or discussed at the
Community Meeting.
This is to certify that I, Joey Grisham, Director of Economic Development, posted this Notice of
Quorum at a place readily accessible to the public at the Anna City Hall and on the City Hall
bulletin Board by 5:00 PM, 12/05/2025
_________________________
Joey Grisham,
Director of Economic Development
Item No. 3.
EDC/CDC Agenda
Staff Report
Meeting Date: 12/11/2025
Staff Contact:
AGENDA ITEM:
Neighbor Comments.
SUMMARY:
Persons may address the Board of Directors on items not on the agenda; please
observe the time limit of three (3) minutes. Members of the Board cannot comment on
or deliberate statements of the public except as authorized by Section 551.042 of the
Texas Government Code.
FINANCIAL IMPACT:
STAFF RECOMMENDATION:
ATTACHMENTS:
Item No. 4.a.
EDC/CDC Agenda
Staff Report
Meeting Date: 12/11/2025
Staff Contact: Salena Tittle
AGENDA ITEM:
Approve minutes from the November 13, 2025, Joint Community Development
Corporation and Economic Development Corporation Meeting. (CDC)
SUMMARY:
Review and approve the meeting minutes from the November 13, 2025, Joint CDC/EDC
Meeting.
FINANCIAL IMPACT:
STAFF RECOMMENDATION:
Staff recommends approval.
ATTACHMENTS:
1. November 13_2025 CDC EDC Joint Meeting Minutes_Draft
Joint Anna Community Development Corporation and
Anna Economic Development Corporation
And City Council Meeting Minutes
Thursday, November 13, 2025 @ 6:00 PM
The Anna Community Development Corporation and the Anna Economic Development
Corporation conducted a joint meeting with City Council at 6:00 PM on Thursday, November
13, 2025, at the Anna Municipal Complex in City Council Chambers, located at 120 W. 7th
Street, Anna, Texas 75409.
A video recording of the open session portions of the meeting may be viewed online at the City
of Anna's website: Agenda and Minutes
1. Call to Order, Roll Call, and Establishment of Quorum.
The City Council meeting was called to order by Mayor Pete Cain at 6:01 PM.
The CDC/EDC meeting was called to order by Board President Bruce Norwood
at 6:01 PM.
Council Members Present:
Mayor Pete Cain
Mayor Pro Tem Kevin Toten
Deputy Mayor Pro Tem Stan Carver
Council Member Nathan Bryan
Council Member Kelly Patterson-Herndon
Council Member Elden Baker
Council Member Manny Singh
Board Members Present:
Board President Bruce Norwood
Board Vice-President Manny Singh
Board Secretary Dwyke Williams
Board Member Rocio Gonzalez
Board Member Edward Culham
Board Member Regina Leachman
Board Member Noah Nylander
Others Present:
Director of Economic Development Joey Grisham
Assistant Director Natasha Roach
Economic Development Manager Salena Tittle
City Attorney Clark McCoy
Director of Public Works Joseph Cotton
Director of Development Services Kaleb Kentner
2. Invocation and Pledge of Allegiance.
Board Secretary Dwyke Williams led the Invocation and Pledges.
3. Neighbor Comments.
Persons may address the Board of Directors on items not on the agenda; please observe
the time limit of three (3) minutes. Members of the Board cannot comment on or deliberate
statements of the public except as authorized by Section 551.042 of the Texas Government
Code.
There were none.
MOTION: Board Vice President Manny Singh made a motion to enter into
closed session. Board Secretary Dwyke Williams seconded the motion. In
a 7-0 vote, all were in favor. Motion passed.
Mayor Pete Cain, on behalf of the City Council, concurred with the motion.
The City Council and the CDC/EDC Board entered into closed session at 6:05
PM.
Mayor Pete Cain opened the City Council meeting back up at 7:33 PM. Seeing
that there was no other action needed by City Council, Mayor Pete Cain closed
the City Council meeting at 7:33 PM.
Board President Bruce Norwood called the CDC/EDC Board meeting back into
open session at 7:36 PM.
4. Consent Agenda.
a. Approve minutes from the October 2, 2025, Joint Community Development
Corporation and Economic Development Corporation Meeting. (CDC)
b. Approve minutes from the October 2, 2025, Joint Community Development
Corporation and Economic Development Corporation Meeting. (EDC)
MOTION: Board Member Edward Culham made a motion on behalf of the
CDC and EDC to approve Consent Agenda Items, 4a & 4b. Board Member
Regina Leachman seconded the motion. In a 7-0 vote, all were in favor.
Motion passed.
5. Individual Consideration.
a. Consider/Discuss/Action on Resolution No. 2025-11-15 to approve a Joinder and
Amendment to the Economic Development Incentive Agreement between Anna
Economic Development Corporation, Foursquare Healthcare, LTD and Anna RE
Development, LLC. (EDC)
MOTION: Board Vice President Manny Singh made a motion on behalf of
the EDC to approve Resolution No. 2025-11-15 approving a Joinder and
Amendment to the Incentive Agreement between the Anna Economic
Development Corporation, Foursquare Healthcare, LTD., and Anna RE
Development, LLC. Board Member Regina Leachman seconded the motion.
In a 7-0 vote, all were in favor. Motion passed.
b. Consider/Discuss/Action on Amending Resolution No. 2025-08-10 for the
demolition of downtown structures. (CDC)
MOTION: Board President Bruce Norwood made a motion on behalf of the
CDC to approve an amendment to Resolution 2025-08-10 for the demolition
of downtown structures. Board Member Rocio Gonzalez seconded the
motion. In a 7-0 vote, all were in favor. Motion passed.
c. Consider/Discuss/Action on a Resolution of the Board of Directors of the Anna
Community Development Corporation authorizing a new economic development
project, the issuance of one or more promissory notes to pay the costs of a
project, and other matters incident and related thereto for a project not to exceed
$6,191,500. (CDC)
Matt Sullivan with Government Capital gave a brief presentation.
MOTION: Board Member Rocio Gonzalez made a motion on behalf of the
CDC to approve and authorize the Resolution of the Board of Directors.
Board Secretary Dwyke Williams seconded the motion. In a 7-0 vote, all
were in favor. Motion passed.
d. Consider/Discuss/Action on a recommendation to cancel the December 4, 2025,
CDC/EDC Joint Board Meeting.
MOTION: Board President Bruce Norwood made a motion to cancel the
December 4, 2025, CDC/EDC Joint Board Meeting. Board Member Regina
Leachman seconded the motion. In a 7-0 vote, all were in favor. Motion
passed.
e. Consider/Discuss/Action on a recommendation to conduct the December
CDC/EDC Joint Board Meeting on Thursday, December 11, 2025, at 6:00 p.m. in
Council Chambers of the Municipal Complex located at 120 W. 7th Street.
MOTION: Board Member Rocio Gonzalez made a motion to conduct the
December CDC/EDC Joint Board Meeting on Thursday, December 11, 2025.
Board Member Regina Leachman seconded the motion. In a 7-0 vote, all
were in favor. Motion passed.
f. Consider/Discuss/Action on a recommendation to cancel the January 1, 2026,
CDC/EDC Joint Board Meeting.
MOTION: Board Member Regina Leachman made a motion to cancel the
January 1, 2026, CDC/EDC Joint Board Meeting. Board President Bruce
Norwood seconded the motion. In a 7-0 vote, all were in favor. Motion
passed.
g. Consider/Discuss/Action on a recommendation to conduct the January
CDC/EDC Joint Board Meeting on Thursday, January 8, 2026, at 6:00 p.m. in
Council Chambers of the Municipal Complex located at 120 W. 7th Street.
MOTION: Board Member Edward Culham made a motion to conduct the
January CDC/EDC Joint Board Meeting on Thursday, January 8, 2026.
Board Member Rocio Gonzalez seconded the motion. In a 7-0 vote, all were
in favor. Motion passed.
6. Director's Report.
a. Strategic Plan Update
Economic Development Manager, Salena Tittle, gave a brief overview of the
highlights for the month of October. Those highlights included: Grand Opening
and Ribbon Cuttings, Anna ISD Luncheon, TML Conference, TEDC
Conference, Workshops & Trainings, Women’s Conference, and the Collin
County Growth Summit.
No Action Taken
b. Financial Report / Sales Tax Update
Economic Development Manager, Salena Tittle, presented the Board with
updated information on decreased sales tax & CDC sales tax for the month of
August 2025, which is down approximately 7% from the previous year.
No Action Taken
c. Event Updates / Upcoming Events / Reminders
Economic Development Manager, Salena Tittle, reminded the Board of a couple
of items: the upcoming Community Library & Plaza Ribbon Cutting & Grand
Opening Ceremony, which is scheduled for November 15th, and the HOLT CAT
Ribbon Cutting & Grand Opening Ceremony, which is scheduled for November
21st, and that the December meeting was moved to December 11th. Mrs. Tittle,
also reminded the Board to like, follow, and share the EDC's social media pages
in order to continue getting the most up to date information to our local
businesses and neighbors.
No Action Taken
7. Closed Session.
The Board entered into closed session before Consent Item Item 4a.
a. Consult with legal counsel on matters in which the duty of the attorney to the
governmental body under the Texas Disciplinary Rules of Professional Conduct
of the State Bar of Texas clearly conflicts with Chapter 551 of the Government
Code (Tex. Gov’t Code §551.071); Grant program; Lease agreement and
professional services contract. Pending Contracts.
b. Deliberate regarding the purchase, exchange, lease or value of real property.
(Tex. Gov’t Code §551.072) possible property acquisition; possible land
sale/purchase.
c. Discuss or deliberate personnel matters: (1) to deliberate the appointment,
employment, evaluation, reassignment, duties, discipline, or dismissal of a
public officer or employee; or, (2) to hear a complaint or charge against an
officer or employee. (Tex. Gov’t Code §551.074).
d. Discuss or deliberate Economic Development Negotiations: (1) To discuss or
deliberate regarding commercial or financial information that the Board of
Directors has received from a business prospect that the Board of Directors
seeks to have locate, stay, or expand in or near the territory of the City of Anna
and with which the Board is conducting economic development negotiations; or,
(2) To deliberate the offer of a financial or other incentive to a business prospect
described by subdivision (1). (Tex. Gov’t Code §551.087); potential retail and
medical projects.
8. Reconvene into open session and take any action on closed session items.
The Board entered into closed session before Consent Item 4a and entered
back into open session at 7:36 PM.
9. Receive reports from staff or Board Members about items of community interest.
There were none.
10. Adjourn.
Board President Bruce Norwood adjourned the meeting at 7:58 PM.
Approved on the 11th day of December 2025.
APPROVED: ATTESTED:
__________________________ __________________________
Bruce Norwood Dwyke Williams
President of CDC/EDC Secretary of CDC/EDC
Item No. 4.b.
EDC/CDC Agenda
Staff Report
Meeting Date: 12/11/2025
Staff Contact: Salena Tittle
AGENDA ITEM:
Approve minutes from the November 13, 2025, Joint Community Development
Corporation and Economic Development Corporation Meeting. (EDC)
SUMMARY:
Review and approve the meeting minutes from the November 13, 2025, Joint CDC/EDC
Meeting.
FINANCIAL IMPACT:
STAFF RECOMMENDATION:
Staff recommends approval.
ATTACHMENTS:
1. November 13_2025 CDC EDC Joint Meeting Minutes_Draft
Joint Anna Community Development Corporation and
Anna Economic Development Corporation
And City Council Meeting Minutes
Thursday, November 13, 2025 @ 6:00 PM
The Anna Community Development Corporation and the Anna Economic Development
Corporation conducted a joint meeting with City Council at 6:00 PM on Thursday, November
13, 2025, at the Anna Municipal Complex in City Council Chambers, located at 120 W. 7th
Street, Anna, Texas 75409.
A video recording of the open session portions of the meeting may be viewed online at the City
of Anna's website: Agenda and Minutes
1. Call to Order, Roll Call, and Establishment of Quorum.
The City Council meeting was called to order by Mayor Pete Cain at 6:01 PM.
The CDC/EDC meeting was called to order by Board President Bruce Norwood
at 6:01 PM.
Council Members Present:
Mayor Pete Cain
Mayor Pro Tem Kevin Toten
Deputy Mayor Pro Tem Stan Carver
Council Member Nathan Bryan
Council Member Kelly Patterson-Herndon
Council Member Elden Baker
Council Member Manny Singh
Board Members Present:
Board President Bruce Norwood
Board Vice-President Manny Singh
Board Secretary Dwyke Williams
Board Member Rocio Gonzalez
Board Member Edward Culham
Board Member Regina Leachman
Board Member Noah Nylander
Others Present:
Director of Economic Development Joey Grisham
Assistant Director Natasha Roach
Economic Development Manager Salena Tittle
City Attorney Clark McCoy
Director of Public Works Joseph Cotton
Director of Development Services Kaleb Kentner
2. Invocation and Pledge of Allegiance.
Board Secretary Dwyke Williams led the Invocation and Pledges.
3. Neighbor Comments.
Persons may address the Board of Directors on items not on the agenda; please observe
the time limit of three (3) minutes. Members of the Board cannot comment on or deliberate
statements of the public except as authorized by Section 551.042 of the Texas Government
Code.
There were none.
MOTION: Board Vice President Manny Singh made a motion to enter into
closed session. Board Secretary Dwyke Williams seconded the motion. In
a 7-0 vote, all were in favor. Motion passed.
Mayor Pete Cain, on behalf of the City Council, concurred with the motion.
The City Council and the CDC/EDC Board entered into closed session at 6:05
PM.
Mayor Pete Cain opened the City Council meeting back up at 7:33 PM. Seeing
that there was no other action needed by City Council, Mayor Pete Cain closed
the City Council meeting at 7:33 PM.
Board President Bruce Norwood called the CDC/EDC Board meeting back into
open session at 7:36 PM.
4. Consent Agenda.
a. Approve minutes from the October 2, 2025, Joint Community Development
Corporation and Economic Development Corporation Meeting. (CDC)
b. Approve minutes from the October 2, 2025, Joint Community Development
Corporation and Economic Development Corporation Meeting. (EDC)
MOTION: Board Member Edward Culham made a motion on behalf of the
CDC and EDC to approve Consent Agenda Items, 4a & 4b. Board Member
Regina Leachman seconded the motion. In a 7-0 vote, all were in favor.
Motion passed.
5. Individual Consideration.
a. Consider/Discuss/Action on Resolution No. 2025-11-15 to approve a Joinder and
Amendment to the Economic Development Incentive Agreement between Anna
Economic Development Corporation, Foursquare Healthcare, LTD and Anna RE
Development, LLC. (EDC)
MOTION: Board Vice President Manny Singh made a motion on behalf of
the EDC to approve Resolution No. 2025-11-15 approving a Joinder and
Amendment to the Incentive Agreement between the Anna Economic
Development Corporation, Foursquare Healthcare, LTD., and Anna RE
Development, LLC. Board Member Regina Leachman seconded the motion.
In a 7-0 vote, all were in favor. Motion passed.
b. Consider/Discuss/Action on Amending Resolution No. 2025-08-10 for the
demolition of downtown structures. (CDC)
MOTION: Board President Bruce Norwood made a motion on behalf of the
CDC to approve an amendment to Resolution 2025-08-10 for the demolition
of downtown structures. Board Member Rocio Gonzalez seconded the
motion. In a 7-0 vote, all were in favor. Motion passed.
c. Consider/Discuss/Action on a Resolution of the Board of Directors of the Anna
Community Development Corporation authorizing a new economic development
project, the issuance of one or more promissory notes to pay the costs of a
project, and other matters incident and related thereto for a project not to exceed
$6,191,500. (CDC)
Matt Sullivan with Government Capital gave a brief presentation.
MOTION: Board Member Rocio Gonzalez made a motion on behalf of the
CDC to approve and authorize the Resolution of the Board of Directors.
Board Secretary Dwyke Williams seconded the motion. In a 7-0 vote, all
were in favor. Motion passed.
d. Consider/Discuss/Action on a recommendation to cancel the December 4, 2025,
CDC/EDC Joint Board Meeting.
MOTION: Board President Bruce Norwood made a motion to cancel the
December 4, 2025, CDC/EDC Joint Board Meeting. Board Member Regina
Leachman seconded the motion. In a 7-0 vote, all were in favor. Motion
passed.
e. Consider/Discuss/Action on a recommendation to conduct the December
CDC/EDC Joint Board Meeting on Thursday, December 11, 2025, at 6:00 p.m. in
Council Chambers of the Municipal Complex located at 120 W. 7th Street.
MOTION: Board Member Rocio Gonzalez made a motion to conduct the
December CDC/EDC Joint Board Meeting on Thursday, December 11, 2025.
Board Member Regina Leachman seconded the motion. In a 7-0 vote, all
were in favor. Motion passed.
f. Consider/Discuss/Action on a recommendation to cancel the January 1, 2026,
CDC/EDC Joint Board Meeting.
MOTION: Board Member Regina Leachman made a motion to cancel the
January 1, 2026, CDC/EDC Joint Board Meeting. Board President Bruce
Norwood seconded the motion. In a 7-0 vote, all were in favor. Motion
passed.
g. Consider/Discuss/Action on a recommendation to conduct the January
CDC/EDC Joint Board Meeting on Thursday, January 8, 2026, at 6:00 p.m. in
Council Chambers of the Municipal Complex located at 120 W. 7th Street.
MOTION: Board Member Edward Culham made a motion to conduct the
January CDC/EDC Joint Board Meeting on Thursday, January 8, 2026.
Board Member Rocio Gonzalez seconded the motion. In a 7-0 vote, all were
in favor. Motion passed.
6. Director's Report.
a. Strategic Plan Update
Economic Development Manager, Salena Tittle, gave a brief overview of the
highlights for the month of October. Those highlights included: Grand Opening
and Ribbon Cuttings, Anna ISD Luncheon, TML Conference, TEDC
Conference, Workshops & Trainings, Women’s Conference, and the Collin
County Growth Summit.
No Action Taken
b. Financial Report / Sales Tax Update
Economic Development Manager, Salena Tittle, presented the Board with
updated information on decreased sales tax & CDC sales tax for the month of
August 2025, which is down approximately 7% from the previous year.
No Action Taken
c. Event Updates / Upcoming Events / Reminders
Economic Development Manager, Salena Tittle, reminded the Board of a couple
of items: the upcoming Community Library & Plaza Ribbon Cutting & Grand
Opening Ceremony, which is scheduled for November 15th, and the HOLT CAT
Ribbon Cutting & Grand Opening Ceremony, which is scheduled for November
21st, and that the December meeting was moved to December 11th. Mrs. Tittle,
also reminded the Board to like, follow, and share the EDC's social media pages
in order to continue getting the most up to date information to our local
businesses and neighbors.
No Action Taken
7. Closed Session.
The Board entered into closed session before Consent Item Item 4a.
a. Consult with legal counsel on matters in which the duty of the attorney to the
governmental body under the Texas Disciplinary Rules of Professional Conduct
of the State Bar of Texas clearly conflicts with Chapter 551 of the Government
Code (Tex. Gov’t Code §551.071); Grant program; Lease agreement and
professional services contract. Pending Contracts.
b. Deliberate regarding the purchase, exchange, lease or value of real property.
(Tex. Gov’t Code §551.072) possible property acquisition; possible land
sale/purchase.
c. Discuss or deliberate personnel matters: (1) to deliberate the appointment,
employment, evaluation, reassignment, duties, discipline, or dismissal of a
public officer or employee; or, (2) to hear a complaint or charge against an
officer or employee. (Tex. Gov’t Code §551.074).
d. Discuss or deliberate Economic Development Negotiations: (1) To discuss or
deliberate regarding commercial or financial information that the Board of
Directors has received from a business prospect that the Board of Directors
seeks to have locate, stay, or expand in or near the territory of the City of Anna
and with which the Board is conducting economic development negotiations; or,
(2) To deliberate the offer of a financial or other incentive to a business prospect
described by subdivision (1). (Tex. Gov’t Code §551.087); potential retail and
medical projects.
8. Reconvene into open session and take any action on closed session items.
The Board entered into closed session before Consent Item 4a and entered
back into open session at 7:36 PM.
9. Receive reports from staff or Board Members about items of community interest.
There were none.
10. Adjourn.
Board President Bruce Norwood adjourned the meeting at 7:58 PM.
Approved on the 11th day of December 2025.
APPROVED: ATTESTED:
__________________________ __________________________
Bruce Norwood Dwyke Williams
President of CDC/EDC Secretary of CDC/EDC
Item No. 5.a.
EDC/CDC Agenda
Staff Report
Meeting Date: 12/11/2025
Staff Contact: Natasha Roach
AGENDA ITEM:
Consider/Discuss/Action on Resolution No. 2025-12-19 approving a Professional
Services Contract between the Anna Community Development Corporation and Toole
Design Group, LLC for an Illustrative Plan for the Downtown District. (CDC)
SUMMARY:
This Contract for Professional Services includes the Scope of Work and Fee Proposal
for the Illustrative Plan for the Downtown District. Originally, this project was budgeted
as a Small Area Plan for downtown, but with the onset of development and the
announcement of incoming businesses, the CDC staff is requesting to revise the scope
of the project to include all of the downtown area for an overall, cohesive design for
future development.
With the expected growth of the downtown area, this project will include and focus on
four phases for developing a framework for the design. Those are as follows:
• Phase 1: Discover - Gaining a firm understanding of the physical environment,
economic and market realities, and community expectations.
• Phase 2: Design - Collaborating with the City and community to design an
Illustrative Plan and Urban Code (optional) that is visionary and implementable.
• Phase 3: Document - Creating a Development Report to serve as a long-term
vision for making downtown Anna into an active, vibrant hub for people of all
ages
• Phase 4: Mobiity Standards - Defining street types, providing dimensional
standards, and developing guidance other key components of the urban fabric to
support safe, comfortable, and efficient travel for people walking, bicycling, riding
transit, and driving.
It is important to note that this is a key document for staff, council, and developers to
use as we continue to develop the heart of our community. The goal is to have an
overall vision of how we want that to look, key aspects and amenities unique to
downtown and to grow intelligently to create sustainable development for the future.
The CDC is partnering with Development Services to include the Mobility Standards in
the project, which will speak to specific details about how neighbors will navigate the
downtown area. This is also being partnered with updating our Code of Ordinances to
make sure we have a consistent, updated, overall plan to include the findings of the
Illustrative Plan project.
FINANCIAL IMPACT:
This item was originally budgeted as a Small Area Plan in the amount of $52,000. With
this revision to the scope, the new cost is $134,600. Development Services will be
contributing approximately $20,000 to this project for their portion of the Mobility
Standards Phase. Therefore, a budget amendment may be required for the Contract
Services category later in the year once the project is complete and final costs have
been determined.
STAFF RECOMMENDATION:
Staff recommends approval of Resolution No. 2025-12-19 approving a Professional
Services Contract between the Anna CDC and Toole Design Group, LLC and
authorizing the expenditure of funds in an amount not to exceed $134,600.
ATTACHMENTS:
1. 2025-12-19 CDC Resolution - Toole Design Group Illustrative Plan Agreement
2. 00AUS.00361 Contract for Professional Services - Anna Community Development
Corporation and Toole Design Group, LLC_PE
ANNA COMMUNITY DEVELOPMENT CORPORATION
the Anna Community Development Corporation (the “CDC”) wishes to
expend funds for contract service purposes to provide an illustrative plan for the
downtown district; and
the CDC Board of Directors finds that this project and expenditure is to
promote new or expanded business development; and
the CDC Board of Directors desires to enter into that certain Professional
Services Agreement for a contract for illustrative plan for the downtown district attached
hereto as Exhibit 1 (the “Agreement”); and
Section 1. Recitals Incorporated
The recitals set forth above are incorporated herein for all purposes as if set forth in full.
Section 2. Approval of Funding
The CDC hereby authorizes the Board President to execute an agreement for contract
services with Toole Design Group, LLC and to charge the CDC’s contract services line
item in an amount not to exceed $134,600 in the Fiscal Year 2025-2026 for contract
services for community and economic development purposes.
PASSED AND APPROVED by the Anna Community Development Corporation on this
11th day of December 2025.
APPROVED:
_____________________________
Bruce Norwood, CDC President
ATTEST:
________________________________
Dwyke Williams, CDC Secretary
v 10 2024
Contract for Professional Services Between:
Anna Community Development Corporation (“Client”) and
Toole Design Group, LLC (“TOOLE”)
1. Project Overview:
Project Name: Anna Illustrative Plan
TOOLE Project Number: 00AUS.00361
Client Name: Anna Community Development
Corporation (“Client”)
Contract Effective Date: November 3, 2025
2. Project Information:
TOOLE Budget: $154,400
Term of Agreement: November 3, 2025 – June 30,
2026
Project Location: Anna, Texas
3. Toole Project Manager:
Name: Jorge Planas
Email: jplanas@tooledesign.com
Phone: (407) 664-2423
4. Client Project Manager:
Client: Anna Community Development Corporation
Name: Natasha Roach, Assistant Director of
Economic Development
Email: NRoach@annatexas.gov
Phone: (214) 831-5321
5. TOOLE Main Office Contact Information:
Admin/Finance Address:
1 Inventa Place, Suite 950
Silver Spring, MD 20910
Phone: (301) 927-1900
Contracts: contracts@tooledesign.com
Invoices: accounts.payable@tooledesign.com
& cc TOOLE Project Manager
6. Terms and Conditions:
Except to the extent modified by Amendments (if
applicable), Terms and Conditions attached
incorporated here shall apply.
Exhibits/Attachments:
• Terms and Conditions
• Attachment A - Scope of Work and Detailed Budget and Fees
2
AGREEMENT
between
ANNA COMMUNITY DEVELOPMENT CORPORATION
and
TOOLE DESIGN GROUP, LLC
TOOLE# 00AUS.00361
This Agreement is made as of November 3, 2025, between Toole Design Group, LLC (“TOOLE”)
having its principal office of business at 1 Inventa Place, Suite 950, Silver Spring, MD 20910, and
the Anna Community Development Corporation (“Client”), (collectively the “Parties”) having its
principal office of business at 120 W. 7th Street, Anna, Texas 75409.
AGREEMENT
TOOLE and Client agree as follows:
1. This Agreement does not establish a joint-venture, partnership, employer-employee, or
principal-agent relationship between TOOLE and Client. The relationship between Toole and
Client will be that of an independent contractor.
2. The scope of this Agreement (the “Project” or “Services”) and time period of performance are
as indicated in Attachment A.
3. Client shall compensate TOOLE by paying a lump sum fee with a budget amount of $154,400.
This is based on an estimate of hours, cost of materials, period of performance and other factors
as further described in Attachment A. If any of the above factors has a significant impact on
the initial lump sum amount, Toole will notify Client in writing and work with Client on an
amendment to the lump sum amount. If the lump sum amount has been reached, TOOLE
reserves the right to stop work until a written amendment has been executed by both Parties.
A more detailed description of the compensation for the Services may be found in Attachment
A.
4. TOOLE shall submit invoices (no more frequently than once per month) based on work
completed during that time period and Client shall pay TOOLE within ten (10) days after
receipt of invoice. Should the Client fail to make timely payment, TOOLE reserves the right
to stop work until payment is received.
5. This Agreement shall automatically terminate on June 30, 2026. Before this official date of
termination, the obligation to provide further services under this Agreement may be terminated
by either party upon five (5) business days’ written notice in the event of substantial failure by
the other party to perform in accordance with the terms hereof through no fault of the
terminating party. Upon any termination, TOOLE will be paid for all services completed to the
date of termination.
6. Client shall arrange for access to and make all provisions for TOOLE to enter upon public and
private property as required for TOOLE to perform the Services. TOOLE shall be able to
reasonably rely on any data or information provided by the Client necessary to perform the
Services under this Agreement.
7. Client shall give written notice to TOOLE whenever Client becomes aware of any development
that affects the scope or timing of TOOLE’s Services.
3
8. Financial records of TOOLE pertinent to TOOLE’s compensation and payments under this
Agreement will be kept in accordance with generally accepted accounting practices.
9. TOOLE shall maintain all records (including electronic records) in regard to this Agreement
readily available and in legible form. TOOLE shall maintain all books, papers, records,
accounting records, files, accounts, reports, cost proposals with backup data, and all other
material relating to direct costs charged to this Project, and shall make all such material
available at any reasonable time during the term of work on the Project and for two (2) years
from the date of final payment to TOOLE auditing, inspection, and copying upon Client’s
request.
10. Any official notice or other communication required hereunder shall be sent by certified mail
(return receipt requested), and/or other methods as mutually agreed upon, and shall be deemed
given on the date which such notice is received.
To Contractor at: Toole Design Group, LLC
1 Inventa Place, Suite 950
Silver Spring, MD 20910
To Client at: Anna Community Development Corporation
Attn: City Manager and Economic
Development Director
Address:120 W. 7th Street
Anna, Texas 75409
11. TOOLE shall acquire and maintain at all times and until the full and final completion of the
Services under this Agreement: (a) workers compensation insurance in the amount required by
law; (b) commercial general liability insurance including personal injury liability, premises
operations liability, and contractual liability, covering, but not limited to, the liability assumed
under any indemnification provisions of this Agreement, with limits of liability for bodily
injury, death and property damage with limits of not less than $1,000,000.00; and (c)
professional liability insurance for protection from claims arising out of performance of
professional services caused by its negligent acts, errors, or omissions with limits of not less
than $1,000,000.00. Coverage must be on a “per occurrence” basis. All such insurance shall:
(i) be issued by a carrier which is rated “A-1” or better by A.M. Best’s Key Rating Guide and
licensed to do business in the State of Texas; and (ii) name the Client as an additional insured
and contain a waiver of subrogation endorsement in favor of the Client. Upon the execution
of this Agreement, TDG shall provide to the Client certificates of insurance evidencing such
insurance coverage together with the declaration of such policies, along with the endorsement
naming the Client as an additional insured. Each such policy shall provide that, at least 30 days
prior to the cancellation, non-renewal or modification of the same, the Client shall receive
written notice of such cancellation, non-renewal or modification.
12. To the fullest extent permitted by law, Client and TOOLE each agree to indemnify the other
party and the other party’s officers, directors, partners, employees, and representatives, from
and against losses, damages, and judgments arising from claims by third parties, including
reasonable attorneys’ fees and expenses recoverable under applicable law, but only to the
extent they are found to be caused by a negligent act, error, or omission of the indemnifying
party or any of the indemnifying party’s officers, directors, members, partners, agents,
employees, or subconsultants in the performance of services under this Agreement. If claims,
losses, damages, and judgments are found to be caused by the joint or concurrent negligence
of Client and TOOLE, they shall be borne by each party in proportion to its negligence.
4
13. All original design calculations, field notes, quantity calculations, logos, maps, photographs,
written reports, necessary project specific provisions, and other material including drawings
prepared under this agreement (“Data”), and without regard to the media in which the Data
was developed, shall be the property of the Client and TOOLE. Client shall make available to
TOOLE drawings, specifications, schedules and other information and data which are pertinent
to TOOLE’s Services. These aforementioned non-public documents, information, and data
shall remain the property of the Client and/or of another party if required.
14. If this Agreement provides for any construction phase services by TOOLE, it is understood
that the Contractor, not TOOLE, is responsible for the construction of the project, and that
TOOLE is not responsible for the acts or omissions of any contractor, subcontractor or material
supplier; for safety precautions, programs or enforcement; or for construction means, methods,
techniques, sequences and procedures employed by the Contractor.
15. The standard of care for all professional services performed or furnished by TOOLE under this
Agreement will be the skill and care used by members of TOOLE’s profession practicing under
similar circumstances at the same time and in the same locality. TOOLE makes no warranties,
express or implied, under this Agreement or otherwise, in connection with TOOLE’s services
16. Any dispute resolution process will be governed by the procedures outlined in this Agreement.
Any disputes relating to this Agreement shall be submitted to a senior representative of each
Party who shall have the authority to enter into an agreement to resolve the dispute
(“Representative”). The Representatives shall not have been directly involved in the
performance of the Services and shall negotiate in good faith. If the Representatives are unable
to resolve the dispute within three weeks or within such longer time period as the
representatives may agree, the dispute may be decided by alternative forms of dispute
resolution (such as neutral mediation) as mutually agreed or either Party may then pursue its
respective rights in law or equity. No written or verbal representation made by either Party in
the course of any discussions between the Representatives or other settlement negotiations
shall be deemed to be a party admission.
17. This Agreement shall be governed by and constructed and enforced in accordance with the
laws of the State of Texas without regard to any choice-of-law provisions.
18. If any legal proceedings should be instituted by either party to enforce the terms of this
Agreement or to determine the rights of the partied hereto, each party shall pay for their own
attorney’s fees, expert witness fees, and costs.
19. Force majeure shall include, but not be limited to, any acts of God or the public enemy;
compliance with any order, rule, regulation, decree, or request of any governmental authority
or agency or person purporting to act therefore; acts of war, public disorder, rebellion,
terrorism, or sabotage; floods, hurricanes, or other storms; strikes or labor disputes; or any
other cause, whether or not of the class or kind specifically named or referred to herein, not
within the reasonable control of the Party affected. A delay in or failure of performance of
either Party shall not constitute a default hereunder nor be the basis for, or give rise to, any
claim for damages, if and to the extent such delay or failure is caused by force majeure.
20. Client and TOOLE shall not be liable to each other for indirect, incidental, special, economic
consequential, or punitive damages of any kind (including but not limited to lost profits and
operation costs).
5
21. In the event that any term or condition of this Agreement is held to be illegal, invalid, or
unenforceable under the Law, such term or condition shall be deemed severed from this
Agreement and the remaining terms and conditions shall remain unaffected and thereby
continue in full force.
22. This Agreement represents the entire integrated agreement between TOOLE and Client and
supersedes and replaces all of the terms and conditions of any prior agreements, arrangements,
negotiations, or representations, written or oral, which have not been specifically incorporated
by reference herein with respect to this Agreement. This Agreement may be changed, modified
or altered only by written agreement of the parties.
IN WITNESS WHEREOF, the Parties hereto have made, executed and agreed to this Agreement
as the day and year first above written.
Toole Design Group, LLC Anna Community Development Corporation
By: By:
Name:Jared Draper Name:Bruce Norwood
Title: Director of Operations, South Title: President
SCOPE OF WORK AND FEE PROPOSAL
October 7, 2025
Dear Natasha,
Toole Design Group, LLC is pleased to submit this scope of work to the City of Anna to provide an illustrative plan
for the Downtown District based on the boundaries identified in the PDF you sent on July 18, 2025. This letter
outlines the scope, schedule, and fee for the consultant services the Toole Design Team will provide. This scope
Downtown Anna that strengthens quality of life and guides future investment
Please let us know if you have any questions or feedback about this scope of work and fee. These tasks can be
Project Understanding
The City of Anna desires an Illustrative Plan to guide public and private investment in the Downtown District. An
Illustrative Plan is a visual representation that shows how a development or revitalization concept could be built
out over time. Its purpose is to convey the design vision, spatial relationships, and intended character of an area.
In partnership with the City of Anna and key stakeholders, Toole Design will craft the Illustrative Plan to serve as a
tailed regulatory tools (like zoning or form-based codes) that will
guide actual implementation. The boundaries for the Illustrative Plan are noted in the attached map, which was
provided by the City of Anna.
Part of the Illustrative Plan will include conceptual plans for the sites owned by several generational families and
demonstrate its future potential development. The conceptual plans will illustrate recommendations for the
schematic layout addressing land use, general location of public and private tracts, patterns of circulation, as well
as the preliminary design of parks and other amenities with thoughtful integration of the surrounding context. This
portion of the plan will be especially valuable in demonstrating development potential for legacy properties that
The Illustrative Plan will include five diagrams that break down key components of the master plan showing
how people move (Mobility), where green spaces are located (Open Space), the placement of important public
facilities (Civic Uses and Buildings), areas suitable for development (Developable Land), and sequential order of
implantation (Phasing Plan). These diagrams will be provided in PDF and editable GIS formats and are described
in more detail below.
Mobility Network: Indicating access and throughways for various types of users and modes of mobility:
pedestrian, bicycle and trail, vehicular, and transit.
o Pedestrian ways: demarcating rights-of-ways, sidewalk area and plantings - which may include
Pedestrian Passages and Pedestrian Paths.
Attachment A
2
o Bicycle and Trail ways: demarcating rights-of-ways, route area and plantings - which may include
various forms of bike access through shared or separate lanes, as well as routes for people and
equestrians.
o Vehicular ways: demarcating rights-of-ways, sidewalk area, finishings areas, planter type,
plantings, parking, and travel lanes - which may include boulevards, avenues, streets, roads,
alleys, and lanes.
o Transit ways: demarcating transit routes and transit stop locations.
Open Space: Indicating the paved and non-paved areas for parks, plazas, squares, playgrounds, sport
fields, trails, water bodies, wildlife corridors, agriculture, greenbelts, and natural preserves.
Civic Uses and Buildings Diagram: Indicating sites and buildings used or reserved for civic purposes.
Developable Land: Indicating boundaries of private property, civic reservations, parking pods, and areas
available for development.
Phasing Plan: outlines sequential approach to implementing the plan, prioritizing projects based on
needs, impact and available resources.
Perspective renderings, generated by freehand or computerized sketch, will show four different scenes that
illustrate the desired character of Downtown Anna. These renderings will be in color, provided digitally, and will
focus on:
Civic Space: such as a new park, open space, or high-profile streetscape
Commercial Street: may show one of the gateways into Downtown Anna and how public and private
development can work toward an inviting look and feel for specific intersections and corridors
Residential Street: a typical street within the downtown of primarily residential use
Special Project: to be discussed with the City; envisioned to be a catalyst project that will help spur
activity and vibrancy for Downtown Anna
In addition to the above items, a development capacity matrix will be included to assist the City of Anna with
ongoing implementation. This matrix will include calculations and diagrams for the items identified below to help
guide investment decisions and provide a foundation for budgeting and costs
Open Space
Developable Land
Lot Type Count
Unit Counts
The deliverables will be organized into a Development Report. This will include further refinement of all the
information begun during the Discovery and Design phase. The materials developed will be placed into a booklet
with illustrations and all relevant information. This report will serve as a showcase to attract investors and be
used for marketing material.
Project Approach
Work Plan & Timeline
The following outlines our approach and the anticipated scope of work. We recommend a five-month, charrette-
approach working with communities on similar projects, including Denison, Sulphur Springs, and Tyler. The four
lively and active destination.
3
1. DISCOVER: Gaining a firm understanding of the physical environment, economic and market realities,
and community expectations.
2. DESIGN: Collaborating with the City and community to design an Illustrative Plan and Urban Code
(optional) that is visionary and implementable.
3. DOCUMENT: Creating a Development Report to serve as a long-term vision for making downtown Anna
into an active, vibrant hub for people of all ages.
4. MOBILITY STANDARDS: Defining street types, providing dimensional standards, and developing
guidance other key components of the urban fabric to support safe, comfortable, and efficient travel for
people walking, bicycling, riding transit, and driving.
PHASE 1: DISCOVER
Phase 1 focuses on working with the City of Anna to develop a project management structure that will guide the
planning process and establish an understanding of Downtown Anna as a community and as a physical place.
Task 1.1: Project Management
The Toole Design Team will prepare for and participate in a Project Kickoff Meeting with the City and others as
appropriate, to review the scope of work, schedule, deliverables, budget, key project assumptions, and data
availability, and clearly identify project expectations. Information from this meeting will inform the creation of the
Project Management Strategy.
A Project Management Strategy will be developed, complete with a Quality Assurance/Quality Control (QA/QC)
approach and associated procedures. As appropriate, procedures, standards, and guidelines will be provided to
project staff to ensure final products meet or exceed expectations.
Toole Design will conduct ongoing coordination with City staff and others as appropriate. This will include
monthly invoices and progress reports will be prepared.
Task 1.2: Review Previous Plans & Studies
Anna Design Standards, and any other relevant documents. The review will identify key policies, priorities, and
recommendations that can be incorporated as part of the Illustrative Plan. We will be respectful of these previous
planning efforts since they are typically developed from significant public engagement.
Task 1.3: Basemapping & GIS Analysis
We understand that the Anna 2050 Downtown Master Plan performed an existing conditions analysis to review
existing land uses, mobility, historic resources, vacant parcels, property ownership, etc. We will work with the City
of Anna to review the previous analysis and, where information has changed (such as with property ownership or
vacant parcels), our team will update only those basemaps. This will ensure that we have the latest information
that will help serve as the basis for creating the Illustrative Plan. Our team will produce a series of additional
diagrammatic maps showing the context of the area in relationship to such community aspects as the overall
transportation network and mobility, open spaces, major destinations, land use patterns, zoning regulations,
housing types, parking assets, environmental issues, topography, waterways and floodplains, and historic
resources.
Task 1.4: Community Kickoff Event & Stakeholder Interviews
As a final task for Phase 1, our team will conduct a kickoff event for the public. This event will be structured for
stakeholders and the community to learn firsthand about this planning process and future engagement activities,
4
confirm what information we've learned to date from our existing conditions analysis, and help us set the vision
and guiding principles for the Illustrative Plan.
While our team is in town for the community kickoff event, we will schedule one-on-one and/or small focus group
meetings over a 2-3 day period to uncover information, insights, and ideas that will help guide the next phase of
work.
PHASE 1 DELIVERABLES:
Project Kickoff Meeting (virtual)
Project Management Strategy
Biweekly Project Management Meetings (virtual)
Monthly Invoices and Project Reports
Community Kickoff Meeting & Stakeholder Interviews (in-person)
Existing Conditions Summary Presentation
Meeting and Presentation Materials
PHASE 1 ASSUMPTIONS:
City will work with the team to identify stakeholders, schedule interviews, and identify and secure a space
for the Stakeholder Interviews
City will identify and secure space for the Community Kickoff Event
If desired, City will host a project website (or webpage on an existing site) and push content out through
their social media channels
PHASE 2: DESIGN
The physical form of a place places for development shaped by a compact network of streets designed to be
remarkable public spaces for people is foundational for healthy, affordable, and vibrant downtowns. Land uses,
buildings, streets, paths, trails, and public spaces must be clearly organized and exceptionally designed to have
In
this phase, Toole Design will build on the foundation of the Downtown Master Plan and work with the City and
-owned sites that
.
Task 2.1: Multi-day Design Charrette
We propose facilitating a multi-day charrette with the key stakeholders and, if desired, the public. The charrette
will be interactive where stakeholders, the community, designers, industry experts, and technical experts work
together to develop design and planning solutions. We will conduct our charrette at a central location to allow
easy access for all and the ability for team field surveying. This charrette is where much of our work is done.
A well-planned charrette has many benefits. First, those influential to the project develop a vested interest in the
plan, understand how it was developed and take ownership in its vision. Second, our interdisciplinary team works
together to produce a complete plan to address all aspects of its design and implementation.
The collective effort organizes the input of all the players during focused meetings, thereby eliminating the need
for prolonged discussion that can delay the project and push the budget. Finally, a better product is produced
more efficiently and more cost effectively due to its collaborative nature which can significantly reduce the need
for re-work at future dates.
5
Charrette Team
The purpose of the charrette is to bring together an experienced team of land use and transportation planners,
urban designers, landscape architects, architects, and policy/implementation specialists to collaboratively develop
plans and solutions. For the charrette, we will bring a team of professionals and support staff who will work on-
site. Having our experts in one place at one time allows us to leverage meetings with key stakeholders who live,
work, and understand the dynamic, evolving environment of Downtown Anna. Compressing what could be a
multitude of meetings and weeks or months of back-and-forth allows us to be more efficient in managing project
resources and enabling stakeholders to get more done.
Charrette Agenda
stakeholders, and public, with room to support small-group discussions and hold a final presentation. The
charrette will focus on three main events: 1) a community visioning workshop; 2) a design studio open to the
public daily; and 3) a closing open house on the charrette results and initial recommendations.
During the charrette, an in-person meeting will be held in the evening of the first day where the City and Toole will
discuss existing conditions, ideas heard to date, and any initial planning ideas. Then over the next three days, our
team will work on-site to develop an Illustrative Plan that is reflective of the on-the-ground realities and aligns with
the vision and goals of the community.
Stakeholders are encouraged and welcome to schedule a meeting with the project planners and designers on day
two. We will have an interim review of the charrette products with the team prior to the closing presentation on
day four. The closing presentation will be in-person at the charrette site to discuss what we heard during the week
and our design concepts.
PHASE 2 DELIVERABLES:
Meeting Materials and Presentations for the Design Charrette
Draft Illustrative Plan developed during the Design Charrette
Design Charrette Summary Presentation
PHASE 2 ASSUMPTIONS:
City will identify and secure space for the Design Charrette
PHASE 3: DOCUMENT
Our final phase of work will be focused on crafting a document that summarizes what we heard and provides a
Task 3.1: Draft and Final Plan
A significant amount of work will be developed during the earlier phases, particularly during the Design Charrette.
Our team will work with the final deliverable in mind during earlier tasks, with the intent that earlier deliverables
and products such as conceptual designs, high-level design standards, and recommendations are of such a
quality that they can be included in the Development Report.
The Illustrative Plan will be a graphically rich document that includes the following key deliverables:
Summary of Existing Conditions
Summary of Public Engagement Activities
Illustrative Plan
6
Plan Diagrams
Renderings of key locations
Task 3.2: Final Presentations
We will prepare for and facilitate two (2) final presentations for the Illustrative Plan. The first will be a presentation
of the final draft document for final review and comment by key stakeholders (and the public, if desired). Once we
have finalized the document based on any closing community feedback, we will attend a final meeting to present
the work to City for staff acceptance.
PHASE 3 DELIVERABLES:
Draft and Final Illustrative Plan
Final Public Presentation (In-person)
Final Presentation to City for staff acceptance (in-person)
PHASE 3 ASSUMPTIONS:
City will consolidate all comments for the Draft Development Report into one PDF
City will identify and secure a location for the Final Public Presentation
PHASE 4: MOBILITY STANDARDS
Toole Design will prepare a standalone set of mobility standards tailored for the City of Anna. Mobility Standards
are guidelines with drawings and dimensions that organize pedestrian, bicycle, trail, vehicle, and transit routes.
These standards will provide a clear, regulatory framework for the design and organization of public rights-of-way,
ensuring that pedestrian, bicycle, transit, and vehicle needs are addressed in a consistent and context-sensitive
way.
-town identity while supporting safe, comfortable, and
efficient travel for people walking, bicycling, riding transit, and driving. By establishing a clear framework for rights-
of-way, the City will be able to guide development and infrastructure decisions in a way that balances mobility,
livability, and long-term stewardship of the public realm.
The mobility standards will include:
Street types appropriate for Anna: Ranging from rural to urban, with representative cross-sections
showing typical arrangements of travel lanes, bicycle facilities, sidewalks, and planting/furnishing zones.
Dimensional standards: Summaries of right-of-way widths, lane widths, sidewalks, and frontage zones
that establish a baseline for planning and engineering review.
Public realm elements: Regulatory-level guidance on sidewalks, tree and planting zones, lighting, and
furnishings. The standards will establish expectations without prescribing highly specific design details,
allowing for future calibration by the City.
Illustrations and tables: Simple diagrams and charts that present requirements in a clear and accessible
format.
In addition, Toole Design will enhance the framework with layers of best practices that go beyond traditional
standards. These enhancements may include safety principles such as speed management by design,
protected intersections, and self-enforcing geometries; universal design features such as ADA-compliant
sidewalks, tactile paving, audible signals, and other inclusive safety considerations; and sustainability and
resilience elements including green infrastructure, stormwater planters, providing adequate soil volume for long-
7
term tree canopy growth, dark-sky compliant lighting, and heat mitigation strategies. The standards may also
incorporate emerging mobility needs, including low-stress bike networks, micromobility zones, mobility hubs,
and freight/delivery management.
These regulatory-level standards will be delivered as a standalone element, structured for future integration into
alignment with their ongoing code updates, but this task does not include preparing a Regulating Plan or
undertaking a comprehensive rewrite of existing City codes. This task is expected to run concurrently with
Phase 3.
PHASE 4 DELIVERABLES:
Draft Mobility Standards document (PDF).
Final Mobility Standards document (PDF and editable format).
Fee
reflects the four phases described above. It is anticipated that this project can be completed in five months or
less.
Fee Schedule for City of Anna Illustrative Plan
Task Fee
Phase 1: Discover $29,200
Phase 2: Design $37,600
Phase 3: Document $58,200
Phase 4: Mobility Standards $19,800
Expenses $9,600
Total $154,400
We appreciate the opportunity to partner with the City of Anna on this important effort. We look forward to refining
.
Sincerely,
Eric Childs, PLA, ASLA, LEED AP | Senior Landscape Architect
TOOLE DESIGN
659 Auburn Avenue, Suite 255 | Atlanta, GA 30312
echilds@tooledesign.com | 470.800.9525 x655
Item No. 5.b.
EDC/CDC Agenda
Staff Report
Meeting Date: 12/11/2025
Staff Contact: Joey Grisham
AGENDA ITEM:
Consider/Discuss/Action on Resolution No. 2025-12-20 to approve a project of the Anna
Community Development Corporation including entering into a Purchase and Sale
Agreement to acquire property near the intersection of Powell Parkway and F.M. 455,
and with a leaseback for property. (CDC)
SUMMARY:
This purchase will allow the CDC to redevelop the property in alignment with the
Downtown Master Plan.
• Purchase Price : $4,950,000.00
• Financing : Lump sum to be paid from CDC fund balance at the time of closing
• Earnest money in the amount of $10,000.00
• Closing to commence prior to the end of the year (May be extended if both parties
agree)
• Special Warranty Deed to be issued to the CDC at closing
• CDC to leaseback Bengal Property to Bengal Anna Plaza, LLC. for six full months
unless terminated sooner--$15,000 per month
FINANCIAL IMPACT:
$4,950,000 for the property but the CDC will receive $75,000 back in lease payments
over six months.
STAFF RECOMMENDATION:
Staff recommends the CDC approve the project including entering into a Purchase and
Sale Agreement to acquire property near the intersection of Powell Parkway and F.M.
455, and with a leaseback for property.
ATTACHMENTS:
1. 2025-12-20 CDC Resolution - Coyote Den Purchase Agreement
2. Exhibit A - Bengal Rahman PSA and Leaseback Agreement
ANNA COMMUNITY DEVELOPMENT CORPORATION
RESOLUTION NO. 2025-12-20
A RESOLUTION OF THE ANNA COMMUNITY DEVELOPMENT CORPORATION
AUTHORIZING EXECUTION OF PURCHASE AND SALE CONTRACT TO ACQUIRE
PROPERTY OWNED BY BENGAL ANNA PLAZA, LLC, A TEXAS LIMITED LIABILITY
COMPANY, AND FAIZUR RAHMAN LOCATED ALONG OR NEAR STATE HIGHWAY 5
AND FM 455 AND AN ASSOCIATE LEASEBACK
WHEREAS, the Anna Community Development Corporation (the “CDC”) is authorized
under Section 505.158 of the Texas Local Government Code to undertake projects
including the purchase, lease, sale, or exchange of real estate found by the corporation’s
board of directors to promote new or expanded business development; and
WHEREAS, the CDC has found that the purchase, lease, and exchange of certain real estate
identified herein (the “Project”) will further the public interest and welfare and promote new and
expanded business development;
NOW THEREFORE, BE IT RESOLVED BY THE ANNA COMMUNITY DEVELOPMENT
CORPORATION, THAT:
Section 1. Findings
Section 2. Authority to execute real estate documents and take all other actions
necessary for the Project.
Exhibit A together with all improvements located thereon; and (2) the
Board’s President, Vice-President, the Economic Development Director, the CDC’s legal
counsel, or their designees to take all other actions necessary to close on the purchase of said
real estate and complete the Project or take other actions consistent with the CDC’s rights
under any such Agreements when deemed necessary including without limitation terminating
such Agreements.
PASSED AND APPROVED on this 11th day of December 2025.
_____________________________ ___________________________
Bruce Norwood, CDC President Dwyke Williams, CDC Secretary
CONTRACT FOR SALE AND PARTIAL LEASEBACK OF REAL PROPERTY PAGE 1
CONTRACT FOR SALE AND PARTIAL LEASEBACK OF REAL PROPERTY
This Contract for Sale and Partial Leaseback of Real Property (this “Agreement”) is made on the 20th day of
November 2025 by and amongst Bengal Anna Plaza, LLC, a Texas limited liability company with its principal place
of business at 551 Ambrym Dr, Fairview, TX 75069 (“Bengal”), Faizur Rahman, a natural person residing at 551
Ambrym Dr, Fairview, TX 75069 (“Rahman”) and the Anna Community Development Corporation, a Texas type b
Development Corporation located at 120 W. 7th Street, Anna, Texas 75409 (the “CDC”).
Recitals
Bengal is the owner of real property including the tract described below (the “Bengal Property”), located at
the street address commonly known as 699 S. Powell Parkway, Anna, Texas 75409, situated in the Henry Brantley
Survey, Abstract No. 71, in the City of Anna, Collin County, Texas, and being all of that called 0.44 acre tract of land,
described in deed to Bengal Anna Plaza, LLC, as recorded under Document No. 20211018002118710, of the Official
Public Records, Collin County, Texas, said tract being more particularly described in Exhibit A-1 attached to this
Agreement.
Bengal desires to sell and the CDC desires to purchase the Bengal Property in fee simple on the terms stated
below, with conveyance to be made by special warranty deed.
The CDC and Bengal desire that Bengal lease and occupy the Bengal Property (the “Bengal Leaseback”) for
a certain period of time after the CDC purchases the Bengal Property on the terms stated below and in the Bengal
Leaseback.
Rahman is the owner of real property including the tract described below (the “Rahman Property”), located
at the street address commonly known as 601 S. Powell Parkway, Anna, Texas 75409, situated in the Henry Brantley
Survey, Abstract No. 71, in the City of Anna, Collin County, Texas, and being all of that called 0.66 acre tract of land,
described in deed to Faizur Rahman, as recorded under Document No. 2023000119864, of the Official Public Records,
Collin County, Texas, said tract being more particularly described in Exhibit A-2 attached to this Agreement.
Rahman desires to sell and the CDC desires to purchase the Rahman Property in fee simple on the terms
stated below, with conveyance to be made by special warranty deed.
The Bengal Property and the Rahman Property are sometimes referred to collectively in this Agreement as
the “Property”.
The effective date of this Agreement is the date upon which this Agreement has been duly approved by the
City and has been executed by all parties named above (the “Effective Date”).
Bengal, Rahman and the CDC contract as follows incorporating the recitals set forth above:
Section 1.
Purchase Price/Earnest Money
The total cash purchase price of the Property (including both the Bengal Property and the Rahman Property)
is $4,950,000 (the “Purchase Price”) payable to Bengal and Rahman at Closing and thereafter to be divided between
Bengal and Rahman as they determine in their sole discretion except that Bengal and Rahman acknowledge that they
are separately obligated to pay their real estate broker, Rodney Blaukat of RE/MAX Signature Properties (“Sellers’
Broker”), from the Purchase Price paid at closing the amount of $50,000.00. Notwithstanding any provision of this
Agreement, the CDC shall have no obligation to pay any sum to Sellers’ Broker.
dotloop signature verification: dtlp.us/psVv-H5h2-ufXf
CONTRACT FOR SALE AND PARTIAL LEASEBACK OF REAL PROPERTY PAGE 2
Section 2.
Title Company/Property Tax/Additional Obligations
2.1 On the execution of this Agreement, the CDC shall deliver a copy of same to Elevate Title. Attn: Tracy
Koonce, 604 W. White Street, Suite B, Anna, TX 75409 (the “Title Company”) along with Earnest Money in the
amount of $10,000 which shall be applied to the Purchase Price at Closing.
2.2 At Closing (as defined in Section VI of this Agreement), the CDC will pay the full amount of the Purchase
Price to Bengal and Rahman with the passing of title of the Property to the CDC as specified in this Agreement. The
Purchase Price shall be paid in U.S. dollars in the form of a cashier’s check or other form acceptable to Bengal and
Rahman.
2.3 Bengal shall be solely responsible to timely pay or cause to be paid all 2025 ad valorem taxes prorated for
the time period up until closing and all previous years’ ad valorem taxes on the Bengal Property. Rahman shall be
solely responsible to timely pay or cause to be paid all 2025 ad valorem taxes prorated for the time period up until
closing and all previous years’ ad valorem taxes on the Rahman Property.
2.4 At Closing, the CDC and Bengal shall enter into a leaseback agreement (the “Bengal Leaseback”) under
which the CDC shall lease the Bengal Property to Bengal to allow for its current use by Bengal to continue for six
months after the Closing, including Bengal’s right to collect and retain rent of any tenants leasing from Bengal on the
Property during said six-month time period.
Section 3.
Surveys/ Feasibility Period
3.1 Not later than December 5, 2025, the CDC, at its sole cost, will furnish the Title Company with a survey of
the Bengal Property and the Rahman Property. The survey shall be a current on-the-ground survey that substantially
complies with the requirements of a Category 1A, Condition I or II (as applicable) survey in the Manual of Practice
for Land Surveying in the State of Texas promulgated by the Texas Board of Professional Land Surveying, as
amended, and shall be adequate to enable the Title Company to delete the survey exception in the Title Policy (except
for “shortages in area”), at the CDC’s expense. If, for any reason, the Closing does not occur, the surveys referenced
herein shall remain the property of the CDC.
3.2 The CDC shall have fifteen (15) calendar days (the “Feasibility Review Period”) after the Effective Date in
which to conduct environmental testing, geotechnical borings and other studies of the Property as determined by the
CDC in its sole discretion and at its sole cost, and, in connection therewith, the CDC and its agents and contractors
shall have the right of entry onto the Property for such purposes. If the CDC determines, in its sole discretion, that the
Bengal Property and/or the Rahman Property is not suitable for the CDC’S intended use or purpose or for no reason
at all, the CDC shall have the right upon written notice to Bengal and Rahman within the Feasibility Review Period
to terminate this Agreement in which event the Earnest Money shall be fully and completely refunded to the CDC. If
the CDC terminates this Agreement in accordance with this Section 3.2, the parties shall have none of the obligations
set forth under Section 2 or otherwise set forth in this Agreement.
Section 4.
Titles and Title Investigation
4.1 Title Commitment. No later than December 12, 2025, the title officer shall have examined the abstracts
covering the Property and shall have furnished: (1) the CDC with a Title Commitment(s) for title to the Bengal
Property and the Rahman Property and legible copies of the instruments referenced in said Title Commitment. “Title
Commitment” means a Commitment for Issuance of a Title Policy, stating the condition of title to the Property. The
“effective date” stated in the Title Commitment must be after the Effective Date of this Agreement. “Title Policy”
means an Owner Policy of Title Insurance issued by Title Company, in conformity with the last Title Commitment
delivered to and approved by the respective parties to this Agreement. The CDC shall pay all costs associated with
any Title Commitment issued to the CDC under this Agreement.
dotloop signature verification: dtlp.us/psVv-H5h2-ufXf
CONTRACT FOR SALE AND PARTIAL LEASEBACK OF REAL PROPERTY PAGE 3
4.2 Title Objections. Within seven (7) days of the date that the CDC receives the Title Commitment(s) (“Title
Objection Deadline”) the CDC shall have reviewed the Title Commitment(s) and CDC Survey and notify Title
Company of its objections to any of them (“Title Objections”). If the CDC notifies the title company of any Title
Objections, the then current owner of the tract in question has five (5) days from receipt of the Title Objections to
notify the CDC whether and to what extent the owner agrees to cure the Title Objections before Closing (“Cure
Notice”). If an owner does not timely provide its Cure Notice or timely gives its Cure Notice but does not agree to
cure all the Title Objections at least seven (7) days before Closing, the CDC may notify the owner that either this
Agreement is terminated or the CDC will proceed to close, subject to such objections, which the CDC shall accept
and to which the owner has no responsibility to cure.
4.3 Specific Obligations. Notwithstanding the foregoing or any other provision of this Agreement, the CDC shall
have the right to terminate this Agreement at any time before Closing if Bengal and/or Rahman—at least thirty days
before Closing—fail to provide certified, recorded releases of all the obligations listed below (collectively, the
“Specific Obligations”) in which event the Earnest Money shall be fully and completely refunded to the CDC.
Specific Obligation No. 1: Vendor's Lien securing the payment of one note in the principal amount of $2,381,000.00
recorded as Document No. 20210519001013530, Real Property Records, Collin County, Texas; corrected under
Clerk's File No. 20211018002118710, Real Property Records, Collin County,
Texas.
Specific Obligation No. 2: Deed of Trust recorded as Document No. 20210519001013540, Real Property Records,
Collin County, Texas.
Specific Obligation No. 3: Assignment of Rents recorded as Document No. 20210519001013550, Real Property
Records, Collin County, Texas.
Specific Obligation No. 4: Subordination Agreement recorded as Document No. 20210519001013560, Real
Property Records, Collin County, Texas.
Specific Obligation No. 5: Lessee's Assignment of Lease and Subordination recorded as Document No.
20210519001013570, Real Property Records, Collin County, Texas.
Specific Obligation No. 6: Vendor's Lien securing the payment of one note in the principal amount of $350,000.00
recorded as Document No. 2023000119864, Real Property Records, Collin County, Texas.
Specific Obligation No. 7: Deed of Trust recorded as Document No. 2023000119865, Real Property Records, Collin
County, Texas.
Specific Obligation No. 8: Assignment recorded as Document No. 2023000130189, Real Property Records, Collin
County, Texas.
Specific Obligation No. 9: Landlord’s Subordination Agreement recorded as Document No. 2025000101459, Real
Property Records, Collin County, Texas.
Specific Obligation No. 10: Deed of Trust, Security Agreement and Financing Statement recorded as Document No.
2025000102770, Real Property Records, Collin County, Texas.
Specific Obligation No. 11: Assignment of Leases and Rent recorded as Document No. 2025000102771, Real
Property Records, Collin County, Texas.
Specific Obligation No. 12: Any and all additional obligations that would make title to all or any part of the Property
unmarketable or encumber or cloud the title in any manner, including but not limited to any and all liens, deeds of
trust, notes, claims, assignments, subordination agreements, leases (except those leases expressly permitted under this
Agreement), security agreements, or any other encumbrance that could give rise to a claim against the Property or any
part thereof due to any type of debt or other obligations.
dotloop signature verification: dtlp.us/psVv-H5h2-ufXf
CONTRACT FOR SALE AND PARTIAL LEASEBACK OF REAL PROPERTY PAGE 4
Section 5.
Leaseback and Existing Leases
5.1 Simultaneously with Closing and transfer of title of the Bengal Property to the CDC, Bengal and the CDC
shall execute and deliver the Leaseback of the Bengal Property with CDC as lessor and Bengal as lessee, in the form
and content set forth in Exhibit B attached to this Agreement (the “Bengal Leaseback”). The Bengal Leaseback shall
terminate upon the expiration of six full months after the month in which Closing occurs or earlier if terminated earlier
in accordance with the terms of the Bengal Leaseback.
5.2 Bengal represents and warrants that it is the sole owner of the Bengal Property and agrees that Bengal shall
indemnify and hold the CDC harmless from any claim by any person or entity claiming any right(s) under any lease,
leasehold interest, or other possessory interest in the Bengal Property and/or any events or incidents occurring on the
Bengal Property until such time as the Bengal Leaseback terminates. Nothing in this Agreement shall be construed to
limit, restrict, or otherwise modify any obligations including without limitation indemnification or hold harmless
provisions set forth in the Bengal Leaseback. In the event of any conflict between this Agreement and the Bengal
Leaseback, the Bengal Leaseback will control.
Section 6.
Closing of Title
The Closing of the purchase, sale, and transfer of the Property to the CDC under the terms of this Agreement
(“Closing”) shall occur on or before December 31, 2025 or this Agreement shall terminate; provided, however, that
the Closing may be extended to a date after December 31, 2025 if mutually agreed upon in writing. Each party shall
pay their own closing costs and attorney fees related to these transactions.
Section 7.
Miscellaneous
7.1 Notices. Any notice required by or permitted under this Agreement must be in writing. Any notice required
by this Agreement will be deemed to be delivered (whether actually received or not) when deposited with the United
States Postal Service, postage prepaid, certified mail, return receipt requested, and addressed to the intended recipient
at the address shown in this Agreement. Notice may also be given by regular mail, personal delivery, courier delivery
and will be effective when actually received. Any address for notice may be changed by written notice delivered as
provided herein.
To the CDC:
Anna Community Development Corporation
120 W. 7th Street
Anna, Texas 75409
With a copy to:
Clark McCoy
Wolfe, Tidwell & McCoy, LLP
2591 Dallas Parkway, Suite 300
Frisco, Texas 75034
dotloop signature verification: dtlp.us/psVv-H5h2-ufXf
CONTRACT FOR SALE AND PARTIAL LEASEBACK OF REAL PROPERTY PAGE 5
To Bengal:
Bengal Anna Plaza, LLC
551 Ambrym Dr,
Fairview, TX 75069
To Rahman:
Faizur Rahman
551 Ambrym Dr,
Fairview, TX 75069
7.2 Entire Contract. This Agreement, together with its recitals, exhibits, and any documents required to be
delivered at Closing constitute the entire agreement of the parties concerning the purchase and sale of the real property
subject to sale, purchase, exchange, and leasebacks hereunder. There are no oral representations, warranties,
agreements, or promises pertaining to the subject of this Agreement not incorporated in writing in this Agreement.
7.3 Amendment. This Agreement may be amended only by an instrument in writing signed by all parties.
7.4 Assignment. This Agreement shall not be assigned by either party without the other party’s written consent
for assignment to a specific buyer.
7.5 Survival. Unless otherwise stated herein, the obligations of this Agreement that cannot be performed before
termination of this Agreement or before Closing will survive termination of this Agreement or Closing, and the legal
doctrine of merger will not apply to such obligations.
7.6 Choice of Law; Venue; Alternative Dispute Resolution. This Agreement will be construed under the laws
of the state of Texas, without regard to choice-of-law rules of any jurisdiction. Exclusive venue for any dispute arising
under, in connection with, or in any manner related to this Agreement is in Collin County, Texas. Time permitting,
the parties will submit in good faith to a nonbinding alternative dispute resolution process (mediation) before filing a
suit concerning this Agreement. The parties shall not under any circumstances be required to submit any dispute to
arbitration.
7.7 Waiver of Default. It is not a waiver of default if the nondefaulting party fails to declare or delays declaring
a default or delays taking any other action with respect to the default.
7.8 No Third-Party Beneficiaries. There are no third-party beneficiaries of this Agreement.
7.9 Severability. The provisions of this Agreement are severable. If a court of competent jurisdiction finds that
any provision of this Agreement is unenforceable, the remaining provisions will remain in effect without the
unenforceable parts.
7.10 Ambiguities Not to Be Construed against Party Who Drafted Contract. The rule of construction that
ambiguities in a document will be construed against the party who drafted it will not be applied in interpreting this
Agreement.
7.11 No Special Relationship. The parties’ relationship is an ordinary commercial relationship, and they do not
intend to create the relationship of principal and agent, partnership, joint venture, or any other special relationship.
7.12 Counterparts. If this Agreement is executed in multiple counterparts, all counterparts taken together will
constitute this Agreement.
7.13 Confidentiality. The parties will keep confidential this Agreement, this transaction, and all information
learned in the course of this transaction, except to the extent disclosure is required by law or court order or to enable
third parties to advise or assist a party to investigate title or either party to close this transaction.
dotloop signature verification: dtlp.us/psVv-H5h2-ufXf
CONTRACT FOR SALE AND PARTIAL LEASEBACK OF REAL PROPERTY PAGE 6
7.14 Attorneys' Fees. The prevailing party in any proceeding brought to enforce this Agreement, or brought
relating to the transaction contemplated by this Agreement, will be entitled to recover, from the non-prevailing party,
court costs, reasonable attorneys' fees and all other reasonable related expenses.
7.15 Contract as Offer. The execution of this Agreement by the first party to do so constitutes an offer to purchase
or sell the Property. If the other party does not accept that offer by signing this Agreement and delivering a fully
executed copy to the first party within ten (10) days after the date this Agreement is executed by the first party, then
the first party may withdraw that offer by delivering a written notice to the other party.
7.16 Commission. Except as expressly set forth in this Agreement, the parties hereby represent to each other that
neither has entered into any agreement or understanding that would give rise to a real estate commission being owed
in connection with this Agreement or the conveyance or lease of any property, and each of the parties shall indemnify
and hold the other harmless against any commission, payment, interest or participation claimed on account of this
Agreement with any party under any alleged agreement or understanding entered into on that party’s behalf with the
person or entity claiming the commission, payment, interest or participation.
In witness of their agreement, the parties have executed this Agreement on the date(s) shown below.
ANNA COMMUNITY DEVELOPMENT CORPORATION,
a Texas Type B Development Corporation
By: ___________________________________________
Printed Name: _____________________________
Title: ____________________________
Date: __________________
STATE OF TEXAS §
§
COUNTY OF COLLIN §
Before me, the undersigned notary public, on the ____ day of ____________ 2025, personally appeared
________________________ known to me (or proved to me) to be the person whose name is subscribed to the
foregoing instrument and acknowledged to me that he executed the same in his capacity as ____________ and on
behalf of ______________.
_________________________________
Notary Public, State of Texas
dotloop signature verification: dtlp.us/psVv-H5h2-ufXf
CONTRACT FOR SALE AND PARTIAL LEASEBACK OF REAL PROPERTY PAGE 7
BENGAL ANNA PLAZA, LLC,
a Texas limited liability company
By:__________________________________
Faizur Rahman, its Manager and Owner
STATE OF TEXAS §
§
COUNTY OF COLLIN §
Before me, the undersigned notary public, on the ____ day of ____________ 2025, personally appeared
Faizur Rahman known to me (or proved to me) to be the person whose name is subscribed to the foregoing instrument
and acknowledged to me that he executed the same in his capacity as Manager and Owner of Bengal Anna Plaza,
LLC, and that all representations made by Faizur Rahman in the foregoing instrument are true and correct.
_________________________________
Notary Public, State of Texas
FAIZUR RAHMAN,
an individual natural person
_________________________________
Faizur Rahman
STATE OF TEXAS §
§
COUNTY OF COLLIN §
Before me, the undersigned notary public, on the ____ day of ____________ 2025, personally appeared
Faizur Rahman known to me (or proved to me) to be the person whose name is subscribed to the foregoing instrument
and acknowledged to me that he executed the same and that all representations made by Faizur Rahman in the
foregoing instrument are true and correct.
_________________________________
Notary Public, State of Texas
Title Company Receipt
Title Company acknowledges receipt of a copy of this Agreement executed by Bengal, Rahman, and the
CDC.
Elevate Title LLC
By: ___________________
Tracy Koonce
Date: ________________, 2025.
Faizur Rahman dotloop verified
11/24/25 4:32 PM CST
TCK5-TZRS-QHZ8-EYUN
Faizur Rahman dotloop verified
11/24/25 4:32 PM CST
GGEY-QEYF-PASD-BZOM
dotloop signature verification: dtlp.us/psVv-H5h2-ufXf
Exhibit A-1
Legal Description of Bengal Property
dotloop signature verification: dtlp.us/psVv-H5h2-ufXf
Exhibit A-2
Legal Description of Rahman Property
dotloop signature verification: dtlp.us/psVv-H5h2-ufXf
Exhibit B
Bengal Leaseback
BENGAL LEASEBACK AGREEMENT PAGE 1
LEASEBACK AGREEMENT
THIS LEASEBACK AGREEMENT (this “Lease”) is entered into by and between the Anna Community
Development Corporation, a Texas type-b corporation (“Landlord”) and Bengal Anna Plaza, LLC, a Texas limited
liability company (“Tenant”). For valuable consideration the parties agree and act as follows:
1. Definitions. The following terms have the meanings set forth below:
(a) Board of Directors. The Board of Directors of the Anna Community Development Corporation.
(b) Conveyance Agreement. That certain Contract for Sale and Leaseback of Real Property under
which fee simple title to the Property is sold and conveyed by Tenant to Landlord
(c) Effective Date. The effective date of this Lease and the date upon which this Lease shall take effect
is the date of the Closing, as that term is defined in Section VI of the Conveyance Agreement.
(d) Lease Term. Unless terminated sooner in accordance with the terms of this Lease, a term
commencing upon conveyance of the Property from Tenant to Landlord (“Conveyance Date”) under the
Conveyance Agreement and ending on the expiration of the last day of the month that is six full months after the
month during which the Conveyance Date occurred.
(e) Leased Premises. The Leased Premises is located in the City of Anna, Collin County, Texas and
solely includes: a tract of real property, including without limitation all buildings, structures, and other
improvements located thereon, situated in the Henry Brantley Survey, Abstract No. 71, in the City of Anna, Collin
County, Texas, and being all of that called 0.44 acre tract of land, described in deed to Bengal Anna Plaza, LLC, as
recorded under Document No. 20211018002118710, of the Official Public Records, Collin County, Texas, said tract
being more particularly described in Exhibit 1.
(f) Permittees. All officials, officers, directors, sublessees, employees, agents, contractors, customers,
visitors, persons, and invitees of Tenant at the Leased Premises.
(g) Permitted Exceptions. The conditions, restrictions, easements and encumbrances, if any, affecting
title to the Leased Premises set forth in the owner’s title of policy insurance obtained by Landlord pursuant to the
Conveyance Agreement.
(h) Property. The real property that has the same boundaries as the Leased Premises.
(i) Specific Use. The use by Tenant or a sublessee of Tenant of the Leased Premises or a portion thereof
solely as the site of a convenience store and/or other uses permitted by applicable zoning ordinance of the City of
Anna, Texas (the “City”) provided that a validly issued certificate(s) of occupancy for any such use is obtained from
the City.
2. Demise, Lease Term.
(a) Demise and Grant of Leased Premises. Landlord hereby leases to Tenant and Tenant accepts from
Landlord under the terms, provisions and conditions of this Lease the Leased Premises solely for the Specific Use
commencing on the Effective Date hereof and continuing until the expiration of the Lease Term or earlier
dotloop signature verification: dtlp.us/psVv-H5h2-ufXf
BENGAL LEASEBACK AGREEMENT PAGE 2
termination as hereinafter provided. The Lease Term and this Lease shall automatically expire immediately if: (1)
the Leased Premise is used for any purpose other than the Specific Use; or (2) the Specific Use is not continued for a
period of more than 30 consecutive days.
(b) Quiet Enjoyment. Upon Tenant’s payment of all rent hereunder as same becomes due and
observance and performance of the covenants, terms and conditions to be observed and performed by Tenant
pursuant to this Lease, Tenant shall have throughout the Lease Term, peaceful, quiet and undisturbed use and
possession of the Leased Premises solely for the Specific Use and all rights and privileges appertaining thereto,
subject to the terms, conditions and provisions of this Lease.
(c) Landlord’s Title, Subordination. Landlord covenants, represents and warrants to Tenant as follows:
(1) Title. Landlord hereby represents and warrants that it owns good and indefeasible fee simple
title in and to the Leased Premises, subject only to the Permitted Exceptions, and has full right and authority to make
this Lease.
(2) No Actions. To the best of Landlord’s knowledge, there are no actions, suits or proceedings
pending or threatened against Landlord and affecting any portion of the Leased Premises, at law or in equity, or
before any federal, state, municipal or other governmental court, department, commission, board, bureau, agency or
instrumentality, domestic or foreign.
(3) Authority. The execution and consummation of this Lease by Landlord has been duly
authorized and does not result in a breach of any of the terms or provisions of, or constitute a default under, any
indenture, agreement, instrument or obligation to which Landlord is a party or by which the Leased Premises or any
portion thereof is bound. However, notwithstanding the foregoing or any term or provision of this Lease, any and all
rights and obligations of Landlord and Tenant hereunder are subject to and shall not be effective unless and until
there has been formal approval or conditional approval by the Board of Directors of this Lease at a duly noticed
public meeting.
(d) Condition of Leased Premises. TENANT UNDERSTANDS AND ACKNOWLEDGES ITS
ACCEPTANCE OF THE LEASED PREMISES IS WITHOUT RECOURSE, REPRESENTATION OR
WARRANTY (EXCEPT AS SPECIFICALLY SET OUT HEREIN) OF ANY KIND, EXPRESS, IMPLIED OR
STATUTORY AND LANDLORD IS LEASING THE LEASED PREMISES AS IS, WHERE IS, AND WITH ALL
FAULTS, AND WITHOUT REPRESENTATIONS OR WARRANTY (ALL OF WHICH LANDLORD HEREBY
DISCLAIMS) AS TO FITNESS FOR ANY PARTICULAR PURPOSE, MERCHANTABILITY, DESIGN,
QUALITY, LAYOUT, FOOTAGE, PHYSICAL CONDITION, OPERATION, COMPLIANCE WITH
SPECIFICATIONS, ABSENCE OF LATENT DEFECTS, OR COMPLIANCE WITH LAWS AND
REGULATIONS. TENANT HEREBY ASSUMES ALL RISK AND LIABILITY (AND AGREES THAT
LANDLORD SHALL NOT BE LIABLE FOR ANY SPECIAL, DIRECT, INDIRECT, CONSEQUENTIAL, OR
OTHER DAMAGES) RESULTING OR ARISING FROM OR RELATING TO THE OCCUPANCY,
CONSTRUCTION, USE, CONDITION, LOCATION, MAINTENANCE, REPAIR, OR OPERATION OF THE
LEASED PREMISES. TENANT ACKNOWLEDGES THAT TENANT HAS INSPECTED THE LEASED
PREMISES AND ACCEPTS THE LEASED PREMISES “AS IS,” “WHERE IS,” AND “WITH ALL FAULTS.”
3. Rent. Tenant shall pay Landlord the following amounts:
(a) Rent.
dotloop signature verification: dtlp.us/psVv-H5h2-ufXf
BENGAL LEASEBACK AGREEMENT PAGE 3
(1) Tenant shall pay to Landlord as rent (“Rent”) to occupy the Leased Premises for the
duration of the Lease Term, $15,000 per month or partial month (with no proration), with the first payment
due on the fifth day after the Conveyance Date and the additional payments due on the fifth day of each full
month following the month in which the Conveyance Date occurs.
(2) If for any reason the Tenant occupies or possesses the Leased Premises or any portion
thereof after the expiration of the Lease Term for any reason, the Rent shall increase to $25,000 per month
or partial month (with no proration) due on the fifth day of each month beginning with the month following
expiration of the Lease Term.
4. Improvements, Additions and Repairs.
(a) Delivery of Leased Premises. Landlord shall deliver exclusive possession of the Leased Premises to
Tenant upon the beginning of the Lease Term, subject only to the provisions and terms of this Lease and the
Permitted Exceptions.
(b) Alterations and Improvements. With the exception of signs erected in conformance with applicable
laws and ordinances, and construction of Improvements as approved in writing by Landlord and, set forth on one or
more site plans submitted to and formally approved by the Board of Directors during a duly posted meeting, and
constructed in accordance with construction plans submitted to and approved in writing by the City or City staff,
Tenant may not at any time construct, alter, change, expand any Improvements now or hereafter situated on the
Leased Premises. If any such new construction by Tenant is at any time approved:
(1) All such work shall be performed in a good and workmanlike manner, in accordance with
accepted standards of engineering and architecture, if applicable, and in accordance with local, state and federal law,
including but not limited to the Americans with Disabilities Act; and
(2) Such construction, alteration, additions, changes or demolishment shall be in compliance
with all applicable building codes, zoning, rules, regulations and ordinances affecting construction of such
alterations, additions, and changes and shall be commenced only after Tenant has been duly granted all legally
required permits for same.
(c) No Mechanic’s Liens. Tenant shall not permit any mechanic’s or materialman’s liens to be filed
against Landlord’s interest in the Leased Premises arising out of the Tenant Improvements, and TENANT SHALL
INDEMNIFY, DEFEND (USING COUNSEL ACCEPTABLE TO LANDLORD IN ITS REASONABLE
DISCRETION), AND HOLD HARMLESS LANDLORD FROM AND AGAINST ANY COSTS, LIABILITY OR
EXPENSE, INCLUDING ATTORNEYS FEES AND RELATED EXPENSES, ATTRIBUTABLE TO ANY SUCH
LIENS OR THE REMOVAL OF SAME. Tenant’s obligations under this paragraph 4(c) shall expressly survive the
expiration or earlier termination of this Lease.
(d) Legal/Environmental. Tenant or any sublessee of Tenant shall use the Leased Premises solely for the
Specific Use, shall conduct its business in a lawful manner and shall not make or permit any unlawful use or
condition of the Leased Premises. Tenant will, at its own expense, promptly comply with all laws, regulations, and
ordinances affecting the Leased Premises and the cleanliness, safety, occupancy, and use thereof. TENANT SHALL
INDEMNIFY, DEFEND (USING COUNSEL ACCEPTABLE TO LANDLORD IN ITS REASONABLE
DISCRETION) AND HOLD HARMLESS LANDLORD FROM AND AGAINST ANY COST, LIABILITY OR
EXPENSE ARISING OUT OF OR ATTRIBUTABLE TO ANY CLAIMS, DEMANDS, CAUSES OF ACTION,
dotloop signature verification: dtlp.us/psVv-H5h2-ufXf
BENGAL LEASEBACK AGREEMENT PAGE 4
FINES, PENALTIES, LIABILITY OR EXPENSES (INCLUDING ATTORNEY FEES, RELATED EXPENSES,
AND COURT COSTS) ARISING OUT OF OR RELATED TO THE EXISTENCE, REMOVAL OR DISPOSAL
OF ANY TOXIC OR HAZARDOUS SUBSTANCES OR MATERIALS WITHIN OR UPON THE LEASED
PREMISES CAUSED BY TENANT, ITS EMPLOYEES, OFFICERS, AGENTS, SUBLESSEES OR
REPRESENTATIVES BEFORE OR DURING THE LEASE TERM. FOR PURPOSES HEREOF, THE PHRASE
“TOXIC OR HAZARDOUS SUBSTANCES OR MATERIALS” SHALL INCLUDE ITEMS COVERED BY THE
COMPREHENSIVE ENVIRONMENTAL RESPONSE, COMPENSATION AND LIABILITY ACT OF 1980, 42
U.S.C. §§9601-75(1986), AS AMENDED BY THE SUPERFUND AMENDMENT AND REAUTHORIZATION
ACT, PUB. L. NO. 99-499, 100 STAT. 1613 (1986) (“CERCLA”), THE TOXIC SUBSTANCES CONTROL ACT,
15 U.S.C. §2601 ET SEQ., THE CLEAN WATER ACT, 33 U.S.C. §1251 ET SEQ., THE SAFE DRINKING
WATER ACT, 42 U.S.C. §§300(f)-300(j), AND OTHER FEDERAL, STATE AND LOCAL LAWS NOW OR
HEREAFTER IN EFFECT GOVERNING THE EXISTENCE, REMOVAL OR DISPOSAL OF TOXIC OR
HAZARDOUS SUBSTANCES OR MATERIALS. Tenant’s obligations under this paragraph 4(d) shall expressly
survive the expiration or earlier termination of this Lease.
(e) Repairs. Tenant shall, at its sole cost and expense, perform all repairs and preventative maintenance
necessary to maintain the Leased Premises in good condition and repair, ordinary wear and tear excepted, and keep
the Leased Premises in compliance with applicable law throughout the Lease Term. The foregoing shall not in any
way impair or limit Tenant’s right to make alterations or additions to the Leased Premises as set forth in paragraph
4(b) above. Tenant’s obligations under this paragraph 4(e) shall expressly survive the expiration or earlier
termination of this Lease.
(f) Tenant’s Fixtures. Notwithstanding any provision of this Agreement, Tenant may install in or upon
the Leased Premises such trade fixtures and equipment as Tenant deems desirable, provided that Tenant does so in
accordance with a written plan demonstrating the size and configuration of such fixtures and equipment upon the
Leased Premises. All of said items shall remain Tenant’s property whether or not affixed or attached to the Leased
Premises. Tenant may remove such items from the Leased Premises at any time during the Lease Term. Nothing
contained in this paragraph 4(f) shall diminish Tenant’s obligations to maintain the Leased Premises pursuant to
paragraph 4(e).
(g) Platting, Site Plans, Approvals. Landlord and Tenant acknowledge that it may be necessary, from
time-to-time, for Landlord or Tenant to seek governmental approvals with respect to platting, zoning, site plans,
permitting and/or obtaining other permits in connection with its use and occupancy of the Leased Premises for the
uses permitted hereby (collectively, “Approvals”). Landlord agrees to reasonably cooperate with Tenant and Tenant
agrees to reasonably cooperate with Landlord with respect to its obtaining the Approvals and to execute such
documents as may be required in order for Landlord and/or Tenant to obtain such Approvals. Tenant expressly
understands and agrees that approval by the Board of Directors of this Lease does not constitute the Board of
Directors’ granting of an Approval and does not bind the Board of Directors to grant or approve any other
Approvals.
5. Utilities. Tenant shall at its own expense arrange with the appropriate utility suppliers for services to the
Leased Premises, pay all connection, meter and service charges and deposits required to connect utilities to the
Leased Premises, and pay such utility suppliers directly for such services. Landlord shall not pay any sum in
connection with utility installation or service on the Leased Premises.
6. Use, Transfers, or Assignments.
(a) Tenant’s Use. Except as prohibited or restricted by the Permitted Exceptions, Tenant may use the
Leased Premises solely for the Specific Use, provided that such purpose and use is in conformity with all applicable
dotloop signature verification: dtlp.us/psVv-H5h2-ufXf
BENGAL LEASEBACK AGREEMENT PAGE 5
site plans, zoning, and Approvals, and other restrictions set forth in this Lease and which may otherwise apply to the
Leased Premises.
(b) Assignment, Subletting. Tenant shall not assign all or any part of this Lease or sublet all or any part
of the Leased Premises without Landlord’s written consent, which shall not be unreasonable withheld; provided,
however, that Tenant may sublease the Leased Premises to any establishment that leases space anywhere on the
Leased Premises as of the Effective Date for the Specific Use, which such sublease shall: (1) be in a written form
approved by Landlord without unreasonable denial or delay; and (2) terminate automatically at the expiration of the
Lease Term or earlier termination as provided in this Agreement. In the case of any assignment or sublease
permitted by Landlord, Tenant shall not be released from any liability.
7. Indemnification, Insurance.
(a) INDEMNIFICATION. IN ADDITION TO AND CUMULATIVE OF ANY OTHER PROVISIONS
OF THIS LEASE, TENANT SHALL INDEMNIFY, HOLD HARMLESS, AND, AT LANDLORD’S OPTION,
DEFEND (USING COUNSEL ACCEPTABLE TO LANDLORD IN ITS REASONABLE DISCRETION)
LANDLORD AND ITS OFFICIALS, OFFICERS, DIRECTORS, AGENTS AND EMPLOYEES
(COLLECTIVELY, THE “INDEMNIFIED PARTIES”) FROM AND AGAINST ANY AND ALL LIABILITY,
LIENS, CLAIMS, DEMANDS, DAMAGES, EXPENSES, FEES, COSTS, REASONABLE ATTORNEY FEES
AND RELATED EXPENSES AND LITIGATION COSTS, FINES, PENALTIES, SUITS, PROCEEDINGS,
ACTIONS AND CAUSES OF ACTION OF ANY AND EVERY KIND AND NATURE ARISING OUT OF OR
RELATING IN ANY WAY TO TENANT’S USE, OCCUPANCY, CONSTRUCTION, MANAGEMENT,
CONTROL OR SUBLEASE OF THE LEASED PREMISES, IMPROVEMENTS, REPAIR, OR TENANT’S
OPERATIONS, CONDUCT OR ACTIVITIES, UNLESS AND TO THE EXTENT THE SAME IS DUE TO THE
NEGLIGENCE, GROSS NEGLIGENCE, OR INTENTIONAL ACTS OR OMISSIONS OF LANDLORD, ITS
AGENTS, EMPLOYEES OR CONTRACTORS. TENANT’S OBLIGATIONS UNDER THIS PARAGRAPH 7(a)
SHALL SURVIVE THE EXPIRATION OR EARLIER TERMINATION OF THE LEASE TERM.
(b) Tenant’s Insurance. Tenant shall, at its expense, obtain comprehensive general liability insurance
against all claims on account of bodily injury, personal injury or property damage, for which Tenant may, as a result
of its operations or other use of the Leased Premises, become liable. At a minimum, the insurance policies to be held
by the Tenant shall be in effect at all times during the Lease Term, and shall include general liability insurance
including personal injury liability, premises operations liability, and contractual liability, covering, but not limited
to, the liability assumed under the indemnification and hold-harmless provisions of this Agreement, with limits of
liability for bodily injury, death and property damage of not less than $1,000,000.00. Coverage must be on a “per
occurrence” basis. All such insurance shall: (i) be issued by a carrier which is rated “A 1” or better by A.M. Best’s
Key Rating Guide and licensed to do business in the State of Texas; and (ii) name the Landlord as an additional
insured and contain a waiver of subrogation endorsement in favor of the Landlord. Upon request by the Landlord,
the Tenant shall provide to the Landlord certificates of insurance evidencing such insurance coverage together with
the declaration of such policies, along with the endorsement naming the Landlord as an additional insured. Each
such policy shall provide that, at least 30 days prior to the cancellation, non-renewal or modification of the same, the
Landlord shall receive written notice of such cancellation, non-renewal or modification.
(c) Workers Compensation. Tenant shall maintain workers compensation or similar insurance affording
not less than Texas statutory coverage minimums and providing not less than statutory limits or benefits for all
employees of Tenant employed at the Leased Premises during the Lease Term.
(d) Scope. The insurance policies or duly executed certificates thereof, together with satisfactory
evidence that the premium has been paid, shall be provided to Landlord on or before the Effective Date of this
dotloop signature verification: dtlp.us/psVv-H5h2-ufXf
BENGAL LEASEBACK AGREEMENT PAGE 6
Lease; and, thereafter, evidence of continuing insurance and timely premium payments shall be delivered to
Landlord not less than 30 days prior to the expiration of each policy required to be in force hereunder. If Tenant fails
to maintain the required insurance or to deliver evidence of same this Lease will continue in full force and effect;
provided, however, that Landlord may, but shall not be obligated to, obtain such insurance and be reimbursed by
Tenant upon demand.
(e) Waiver of Subrogation. Landlord shall not be liable by way of subrogation or otherwise to Tenant or
to any insurance company insuring Tenant for any loss or damage to any of the property of the Landlord or Tenant
covered by insurance even though such loss or damage might have been occasioned by the negligence of: (1)
Landlord or its officers, directors, employees, agents, contractors, customers, or visitors and invitees of Landlord at
the Leased Premises; or (2) Tenant or its Permittees. This waiver shall be in effect only so long as the applicable
insurance or risk pool policies shall contain a clause or endorsement to the effect that the waiver shall not affect the
right of the insured to recover under such policies. Tenant shall use its best efforts, including payment of any
additional premium, to have its insurance policies contain the standard waiver of subrogation clause. In the event
Tenant’s insurance carrier declines to include in such carrier’s policies a standard waiver of subrogation clause,
Tenant shall promptly notify Landlord.
8. Destruction, Condemnation.
(a) Destruction.
(1) Cancellation. If any portion of the Improvements situated on the Leased Premises shall be
damaged or destroyed, this Lease shall continue in full force and effect and shall not be affected thereby.
(2) Restoration. In the event of unintended damage or destruction, Tenant shall remove any
debris and cause the Leased Premises to be repaired or restored as Landlord may permit in writing, but in any event
the Leased Premises shall be repaired or restored to a safe and sightly condition in compliance with all applicable
laws.
(3) Insurance Proceeds. All of Tenant’s insurance proceeds payable with respect to damage or
destruction of the Improvements shall be retained by and be the property of Tenant.
(b) Condemnation.
(1) Taking. In the event of a taking by the power of eminent domain or conveyance in lieu
thereof (“Taking”) of the whole or any part of the Leased Premises, this Lease shall terminate as to the portion so
taken but shall remain in full force and effect as to the balance of the Leased Premises.
(2) Awards. All compensation awarded for any Taking of the Leased Premises, including any
interest of Landlord or Tenant therein, shall be the property of Landlord, and Tenant hereby assigns to Landlord all
of Tenant’s rights, title and interest in and to any and all such compensation.
(3) Restoration. If there is a Taking of all or part of the Leased Premises, Tenant, at its sole
discretion and expense, shall restore and rebuild the Leased Premises, in such manner as Landlord may permit in
writing, provided that the same shall be in accordance with all applicable laws.
9. General Provisions.
dotloop signature verification: dtlp.us/psVv-H5h2-ufXf
BENGAL LEASEBACK AGREEMENT PAGE 7
(a) Notice. “Notice” shall mean any notice, notification, consent, approval, request, designation, submission,
specification, election or other communication required or permitted under this Lease. All notices required by or
permitted under this Agreement must be in writing. Any notice required by this Agreement will be deemed to be
delivered (whether actually received or not) when deposited with the United States Postal Service, postage prepaid,
certified mail, return receipt requested, and addressed to the intended recipient at the address shown in this Agreement.
Notice may also be given by regular mail, personal delivery, courier delivery and will be effective when actually
received. Any address for notice may be changed by written notice delivered as provided herein.
To the CDC:
Economic Development Director
City of Anna, Texas
120 W. 7th Street
Anna, Texas 75409
With a copy to:
Clark McCoy
Wolfe, Tidwell & McCoy, LLP
2591 Dallas Parkway, Suite 300
Frisco, Texas 75034
To Tenant:
Bengal Anna Plaza, LLC
551 Ambrym Dr,
Fairview, TX 75069
(b) Entire Agreement. This Lease embodies the entire agreement and understanding between the parties
as to the lease of the Leased Premises by Tenant and supersedes all prior negotiations, agreements and
understandings pertaining to such lease. Any provision of this Lease may be modified, waived or discharged only by
an instrument in writing signed by the party against which enforcement of such modification, waiver or discharge is
sought. This Lease is not intended to be nor shall it be construed as a service contract or contract for the sale of
goods by Landlord to Tenant. Landlord does not by entering into this Lease waive any immunities it may have under
common law or statute.
(c) Commission. Tenant and Landlord hereby represent to each other that neither has entered into any
agreement or understanding that would give rise to a real estate commission being owed in connection with this
Lease, and each of Landlord and Tenant shall indemnify and hold the other harmless against any commission,
payment, interest or participation claimed on account of this Lease with any party under any alleged agreement or
understanding entered into on that party’s behalf with the person or entity claiming the commission, payment,
interest or participation.
(d) Force Majeure. Each party shall be excused from performing an obligation or undertaking provided
for in this Lease for so long as such performance is prevented, delayed, retarded or hindered by an Act of God, fire,
earthquake, flood, explosion, action of the elements, war, invasion, insurrection, riot, mob violence, sabotage, strike,
lockout, action of labor unions, requisitions, laws, or orders of government or civil or military authorities.
dotloop signature verification: dtlp.us/psVv-H5h2-ufXf
BENGAL LEASEBACK AGREEMENT PAGE 8
(e) Surrender. Upon the expiration of the Lease Term or earlier termination of this Lease, Tenant shall
surrender the Leased Premises to Landlord. Tenant shall remove all Personal Property, which are not fixtures (other
than trade fixtures installed by Tenant, which Tenant may remove. All other installations or improvements,
including all infrastructure, structures, buildings, HVAC equipment, paneling, partitions, railings, mezzanine floors,
and galleries made by either party shall be and become upon installation, the property of Landlord and shall be
surrendered with the Leased Premises at the expiration or termination of this Lease unless Landlord notifies Tenant
to the contrary in writing, in which event Tenant may remove such property at its expense. Any property not
promptly removed by Tenant under the provisions of this subparagraph may, at Landlord’s option, be deemed to
have been abandoned by Tenant and may be retained by Landlord without any claim by Tenant. Tenant shall in any
event repair any damage to the Leased Premises caused by Tenant’s removal of any property.
(f) Applicable Law, Construction. The laws of the State of Texas shall govern the validity, performance
and enforcement of this Lease. Any dispute arising from, growing out of, or in connection with this Lease shall be
filed in a State District Court in Collin County, Texas. The invalidity or unenforceability of any provision of this
Lease shall not affect or impair any other provision. If any provision of this Lease is capable of two constructions,
one of which would render the provision invalid and the other of which would make the provision valid, the
provision shall have the meaning which renders it valid. The submission of this document for examination does not
constitute an offer to lease, this document being effective only upon the conditions stated herein.
(g) Time of the Essence. Time is of the essence with respect to each provision, term and covenant of this
Lease.
(h) Captions. The captions are for convenience and do not limit or define the provisions of this Lease.
(i) Gender, Number. Whenever the sense of this Lease requires it, the use of (1) singular number shall
be deemed to include the plural, (2) the masculine gender shall be deemed to include the feminine or neuter gender,
and (3) the neuter gender shall be deemed to include the masculine and feminine gender.
(j) Counterparts. This Lease may be executed in multiple counterparts, each of which shall be an
original, but all of which shall constitute one instrument.
(k) Contract Interpretation. This Lease is the result of negotiation between the parties, and shall, in the
event of any dispute over the meaning or application of any portion thereof, be interpreted fairly and reasonably, and
not to be more strictly construed against one party than another, regardless of which party originally drafted the
language in dispute.
(l) No Joint Venture. It is acknowledged and agreed by the parties that the terms hereof are not intended
to and shall not be deemed to create a partnership or joint venture among the parties.
(m) Binding Effect. All provisions of this Lease shall be binding upon and inure to the benefit of the
parties and their respective successors and permitted assigns.
[REMAINDER OF PAGE LEFT BLANK INTENTIONALLY]
dotloop signature verification: dtlp.us/psVv-H5h2-ufXf
BENGAL LEASEBACK AGREEMENT PAGE 9
LANDLORD:
ANNA COMMUNITY DEVELOPMENT CORPORATION
By: ___________________________________________
Printed Name: _____________________________
Title: ____________________________
Date: __________________
STATE OF TEXAS §
§
COUNTY OF COLLIN §
Before me, the undersigned notary public, on the ____ day of ____________, 2025, personally appeared
________________________ known to me (or proved to me) to be the person whose name is subscribed to the
foregoing instrument and acknowledged to me that he executed the same in his capacity as ____________ and on
behalf of ______________.
_________________________________
Notary Public, State of Texas
TENANT:
BENGAL ANNA PLAZA, LLC,
a Texas limited liability company
By:__________________________________
Faizur Rahman, its Manager and Owner
STATE OF TEXAS §
§
COUNTY OF COLLIN §
Before me, the undersigned notary public, on the ____ day of ____________ 2025, personally appeared
Faizur Rahman known to me (or proved to me) to be the person whose name is subscribed to the foregoing instrument
and acknowledged to me that he executed the same in his capacity as Manager and Owner of Bengal Anna Plaza,
LLC.
_________________________________
Notary Public, State of Texas
Faizur Rahman dotloop verified
11/24/25 4:32 PM CST
XHGH-81UD-8AE7-EAM6
dotloop signature verification: dtlp.us/psVv-H5h2-ufXf
Exhibit 1
Leased Premises
dotloop signature verification: dtlp.us/psVv-H5h2-ufXf
Item No. 5.c.
EDC/CDC Agenda
Staff Report
Meeting Date: 12/11/2025
Staff Contact: Natasha Roach
AGENDA ITEM:
Consider/Discuss/Action on Resolution No. 2025-12-21 to approve a project of the Anna
Economic Development Corporation including entering into a Purchase and Sale
Contract to acquire property near the intersection of Hackberry Drive and N. Powell
Parkway. (EDC)
SUMMARY:
The Anna Economic Development Corporation and the Greer family have reached
terms regarding the sale of the property located at 504 Powell Parkway. The terms of
the contract are as follows:
• Purchase Price : $2,035,000.00
• Financing : Lump sum to be paid from EDC fund balance at the time of closing
• Earnest money in the amount of $10,000.00
• Closing to commence prior to the end of the year
• Special Warranty Deed to be issued to the EDC at closing
FINANCIAL IMPACT:
The fiscal impact for this item is the $2,035,000.000 which will be paid directly from the
Anna Economic Development Fund Balance as a one time payment at closing.
STAFF RECOMMENDATION:
Staff recommends the EDC approve the project including entering into a Purchase and
Sale Contract to acquire property near the intersection of Hackberry Drive and N Powell
Parkway.
ATTACHMENTS:
1. 2025-12-21 EDC Resolution - Greer Purchase Agreement
2. Exhibit A - Greer Agreement
ANNA ECONOMIC DEVELOPMENT CORPORATION
RESOLUTION NO. 2025-12-21
A RESOLUTION OF THE ANNA ECONOMIC DEVELOPMENT CORPORATION
AUTHORIZING EXECUTION OF PURCHASE AND SALE CONTRACT FOR PROPERTY
OWNED BY JOE A. GREER. JR. AND REBECCA F. GREER LOCATED ALONG OR NEAR
STATE HIGHWAY 5
WHEREAS, the Anna Economic Development Corporation (the "EDC") intends to purchase
real property for the creation of primary jobs or other permissible projects and to enable the
EDC to perform infrastructure and site improvements, which the board finds necessary to
promote or develop new or expanded business enterprises; and
WHEREAS, the EDC has determined that purchasing property is in the financial interests
of the EDC;
NOW THEREFORE, BE IT RESOLVED BY THE ANNA ECONOMIC DEVELOPMENT
CORPORATION, THAT:
Section 1. Findings
Section 2. Authority to execute real estate documents and take all other actions
necessary for the Project.
Exhibit A together
with all improvements located thereon; and (2) the Board’s President, Vice-President, the
Economic Development Director and/or the EDC’s legal counsel or their designees to take all
other actions necessary to close on the purchase and exchange of said real estate and
complete the Project or take other actions consistent with the EDC’s rights under any such
Agreements when deemed necessary including without limitation terminating such
Agreements.
PASSED AND APPROVED on this 11th day of December 2025.
Real Estate Sales Contract Page 1 of 11
Real Estate Sales Contract
This Real Estate Sales Contract (this “Contract”) to buy and sell real property is between Seller and Buyer
as identified below and is effective on the date (“Effective Date”) being the date that the Title Company acknowledges
receipt of this Contract fully executed by Seller and Buyer and delivery to the Title Company of the Earnest Money.
Buyer must deliver the Earnest Money to Title Company before the Earnest Money Deadline provided in section A.1.
for this Contract to become effective.
Seller(s): Joe A. Greer, Jr.
Rebecca F. Greer
Address: PO Box 272
Anna, TX 75409-0272
Buyer: Anna Economic Development Corporation
Address: Attn: Economic Development Director
120 W. 7th Street
Anna, TX 75409
Property: Being 3.76 acres of real property more or less, in the Henry Brantley Survey as shown
in the attached Exhibit A (the “Property”), which includes the following three
contiguous tracts located in the City of Anna, Collin County, Texas: Tract 1 - 0.9666
more or less acres of land with Property ID 1016108 commonly known by the address
of 504 N. Powell Parkway; Tract 2 – 1.9147 more or less acres of land with Property
ID 2634357; and Tract 3 – 0.76 more or less acres of land with Property ID 1017330
(collectively, the “Property”).
Title Company: Red River Title Co.
Attn: Brittany Eleby
Address: 751 South Buddy Hayes Blvd #101, Anna, Texas 75409
Phone: (972)924-8777
Email: beleby@redrivertitle.com
Underwriter: Title Company’s choice.
Purchase Price $2,035,000.00
Earnest Money: $10,000.00
County for Performance: Collin County, Texas
A.Deadlines and Other Dates
If a deadline falls on a Saturday, Sunday, or national holiday, the deadline will be extended to the next day
that is not a Saturday, Sunday, or national holiday. A national holiday is a holiday designated by the federal
government. Time is of the essence.
1.Earnest Money Deadline: within three (3) business days of the Effective Date.
2.Delivery of Title Commitment: twenty (20) days after the Effective Date.
3.Delivery of legible copies of instruments referenced in the Title Commitment: twenty (20) days after
Real Estate Sales Contract Page 2 of 11
the Effective Date.
4. Delivery of Title Objections: ten (10) days after the delivery of the Title Commitment, legible copies
of the instruments referenced in the Title Commitment, and the Survey.
5. Closing Date: a mutually agreeable date that is on or before the thirtieth (30th) day after the end of
the Feasibility Review Period. The Closing Date shall not be extended unless extended under a mutually agreeable
duly executed amendment to this Contract.
6. Delivery of Survey: twenty (20) days after the Effective Date.
7. Due Diligence Materials: within five (5) days of the Effective Date, Seller will deliver true, complete
and correct copies of any and all of the following types of documents that relate to all or any portion of the Property
and that are in Seller's possession or are obtainable by Seller through reasonable effort:
a. pending or proposed governmental matters including, without limitation, TxDot, county or
municipal notifications including without limitations any offers to purchase the Property or
any actions related in any manner to eminent domain having any effect on the Property and
any lis pendens, judgments, or abstracts of judgments concerning the Property;
b. existing Surveys;
c. existing final plats and/or preliminary plats as applicable; and
d. copies of all existing studies, plans, analyses, estimates, ordinances, resolutions, appraisals,
contracts, leases and other materials pertinent to the Property.
8. Feasibility Review Period: thirty (30) days after the Effective Date.
B. Closing Documents
1. At closing, Seller will deliver the following items to the Title Company:
Special Warranty Deed, subject only to the Permitted Exceptions, in form attached hereto
as Exhibit C (the “Deed")
IRS Nonforeign Person Affidavit
2. At closing, Buyer will deliver the following items to the Title Company:
Evidence of Buyer’s authority to consummate this transaction
The documents listed in this section B are collectively known as the “Closing Documents.”
C. Exhibits
The following exhibits are attached to and are a part of this Contract as if set forth in full here for all purposes:
Exhibit A—Description of the Property
Exhibit B—Sellers Representations
Exhibit C—Deed
Real Estate Sales Contract Page 3 of 11
D. Purchase and Sale of Property
Seller agrees to sell and convey the Property to Buyer, and Buyer agrees to buy and pay Seller for the Property
in accordance with the terms of this Contract. The promises by Buyer and Seller stated in this Contract are the
consideration for the formation of this Contract.
E. Earnest Money and Independent Consideration
Buyer may direct Title Company to invest the Earnest Money in an interest-bearing account in a federally
insured financial institution by giving notice to Title Company and satisfying Title Company’s requirements for
investing the Earnest Money in an interest-bearing account. Any interest earned on the Earnest Money will be paid
to the party that becomes entitled to the Earnest Money. If Buyer fails to deposit the Earnest Money, in accordance
with A.1, with the Title Company, then Seller may, at Seller's option, terminate this Contract by delivering a written
termination notice to Buyer at any time until Buyer deposits the Earnest Money with the Title Company. The Earnest
Money shall be fully refundable to Buyer through the end of the Feasibility Period. Further, Buyer tenders to Seller
and Seller acknowledges receipt of the sum of $100 as independent and non -refundable contract consideration for
any options granted in this Contract. This independent consideration is in addition to any other deposits made under
this Contract, is earned by Seller upon its execution of this Contract, and will not be credited against the Purchase
Price.
F. Title, Feasibility Review Period, and Survey
1. Title Advice. The following statutory notice is provided to Buyer on behalf of the real estate licensees,
if any, involved in this transaction: Buyer is advised that it should either have the abstract covering the Property
examined by an attorney of Buyer’s own selection or be furnished with or obtain a policy of title insurance.
2. Title Commitment; Title Policy. “Title Commitment” means a Commitment for Issuance of an Owner
Policy of Title Insurance by Title Company, as agent for Underwriter, stating the condition of title to the Property.
The “effective date” stated in the Title Commitment must be after the Effective Date of this Contract. “Title Policy”
means an Owner Policy of Title Insurance issued by Title Company, as agent for Underwriter, in conformity with the
last Title Commitment delivered to and approved by Buyer.
3. Feasibility Review Period. Buyer shall have thirty (30) days (the “Feasibility Review Period”) after
the Effective Date in which to conduct environmental testing, geotechnical borings and other studies of the Property
and, in connection therewith, Buyer and its agents and contractors shall have the right of e ntry onto the Property for
such purposes and Buyer agrees to indemnify Seller for Buyer's on-site related Property activities and all costs
associated with such entry and tests made on the Property; this indemnity shall survive closing or termination of this
Contract. If Buyer determines, in Buyer’s sole and absolute discretion, that the Property is not suitable for Buyer’s
intended use or purpose, Buyer shall have the right upon written notice to Seller within the Feasibility Review Period
to terminate this Contract in which event the Earnest Money shall be fully and completely refunded to Buyer.
4. Intentionally Omitted.
5. Delivery of Title Commitment and Legible Copies. Seller must deliver the Title Commitment to
Buyer by the deadline stated in section A.2. and legible copies of the instruments referenced in the Title Commitment
by the deadline stated in section A.3.
6. Title Objections. Buyer has until the deadline stated in section A.4. (“Title Objection Deadline”) to
review the Title Commitment, legible copies of the title instruments referenced in it, and the Survey and notify Seller
of Buyer’s objections to any of them (“Title Objections”). Buyer will be deemed to have approved all matters reflected
Real Estate Sales Contract Page 4 of 11
by the Title Commitment to which Buyer has made no Title Objection by the Title Objection Deadline. The matters
that Buyer either approves or is deemed to have approved are “Permitted Exceptions.” If Buyer notifies Seller of any
Title Objections, Seller has ten (10) days from receipt of Buyer’s notice to notify Buyer whether Seller agrees to cure
the Title Objections before closing (“Cure Notice”). If Seller does not timely give its Cure Notice or timely gives its
Cure Notice but does not agree to cure all the Title Objections before closing, Buyer may, within ten (10) days after
the deadline for the giving of Seller’s Cure Notice, notify Seller that either this Contract is terminated (in which event
the Earnest Money shall be refunded to Buyer) or Buyer will proceed to close, subject to Seller’s obligations to
resolve the items listed in Schedule C of the Title Commitment, remove all liens affecting the Property, terminate all
leases affecting the Property, remove all exceptions that arise by, through, or under Seller after the Effective Date,
and cure only the Title Objections that Seller has agreed to cure in the Cure Notice. At or before closing, Seller must
resolve the items that are listed on Schedule C of the Title Commitment, remove all such liens, terminate all such
leases, remove all exceptions that arise by, through, or under Seller after the Effective Date of this Contract, and cure
the Title Objections that Seller has agreed to cure.
7.Survey. Buyer, at Buyer's expense, will obtain a new survey of the Property and deliver a copy thereof
to Seller by the deadline specified in A.6 above. The survey shall be a current on-the-ground survey of the Property
that substantially complies with the requirements of a Category 1A, Condition I or II (as applicable) survey in the
Manual of Practice for Land Surveying in the State of Texas promulgated by the Texas Board of Professional Land
Surveying and shall be adequate to enable the Title Company to delete the survey exception in the Title Policy (except
for “shortages in area”). Once the Survey has been completed, the legal description of the Property shown therein
shall be substituted for the description in Exhibit A and shall serve as the lega l description of the Property in the
Deed.
G.Condition of the Property until Closing; Cooperation; No Recording of Contract; Lease
1.Maintenance and Operation. Until closing, Seller will (a) maintain the Property as it existed on the
Effective Date, except for reasonable wear and tear and casualty damage; (b) operate the Property in the same manner
as it was operated on the Effective Date; and (c) not further encumber the Property with liens, easements, restrictions
or any other matter affecting title to the Property, or modify the terms of any existing leases, contracts or
encumbrances, if any, without Buyer’s prior written consent, except that Seller must and shall fully terminate any
leases without Buyer’s consent.
2. [Left Blank Intentionally.]
3. Condemnation. Seller will notify Buyer promptly after Seller receives notice that any part of the
Property has been or is threatened to be condemned or otherwise taken by a governmental or quasi-governmental
authority. Buyer may terminate this Contract if the condemnation would materially affect Buyer’s intended use of
the Property by giving notice to Seller within fifteen days after receipt of Seller’s notice to Buyer (or before closing
if Seller’s notice is received less than fifteen days before closing), in which event the Earnest Money shall be
refunded to the Buyer. If Buyer does not terminate this Contract, (a) Buyer and Seller will each have the right to
appear and defend their respective interests in the Property in the condemnation proceedings, (b) any award in
condemnation will be assigned to Buyer, and (c) if the taking occurs before closing, the description of the Property
will be revised to delete the portion taken.
Real Estate Sales Contract Page 5 of 11
4. Claims; Hearings. Seller will notify Buyer promptly of any litigation or any claim or administrative
hearing that is threatened, filed, or initiated before closing that affects the Property.
5. Lease. As a condition to Buyer’s obligations under this Contract, Seller shall fully terminate any
lease(s) of all or any portion of the Property and any and all tenants shall be required to vacate the Property prior to
closing.
H.Closing
Closing.This transaction will close at Title Company’s offices on the Closing Date. At closing, the
Closing Documents.
Payment of Purchase Price.
Disbursement of Funds; Recording; Copies.
Possession.
Transaction Costs
Seller’s Costs.
of the instruments described in section A.4.; and Seller’s expenses and attorney’s fees.
Buyer’s Costs.
costs to obtain, deliver, and record all documents other than those to be recorded at Seller’s
expense; the additional premium for the “survey/area and boundary deletion” in the Title
; and Buyer’s expenses
and attorney’s fees.
Ad Valorem Taxes.
be prorated between Buyer and Seller as of the Closing Date. Seller’s portion of the prorated
Real Estate Sales Contract Page 6 of 11
prorations in cash within thirty days of when the actual assessment and taxes are known.
Seller will promptly notify Buyer of all notices of proposed or final tax valuations and
assessments that Seller receives after the Effective Date and after closing. If rollback taxes
become due because of a change in use of the Property, the resulting rollback tax and interest
due shall be the obligation of Buyer. All taxes due as of closing will be paid at closing. The
parties’ obligations under this paragraph shall survive the Closing.
d.Brokers’ Commissions and Disclosure. Buyer and Seller each represents and warrants to the
other that they have had no contact with any real estate broker, finder or other person who
might be entitled, or claim to be entitled, to a brokerage commission, finder’s fee or other
compensation in connection with this transaction. Buyer and Seller each hereby indemnify
and agree to defend and hold the other party harmless from and against any and all claims,
demands, liabilities, causes of action, costs or expenses (including reasonable attorneys’
fees) caused by or arising out of any breach of its foregoing warranty. The provisions of this
paragraph shall survive the Closing or termination of this Contract and shall not be subject
to any limitation of liability otherwise set forth in this Contract.
3.Issuance of Title Policy. Seller will cause Title Company to issue the Title Policy to Buyer as soon
as practicable after closing.
I.Default and Remedies
1.Seller’s Default. If Seller fails to perform any of its obligations under this Contract (“Seller’s
Default”), Buyer’s sole and exclusive remedy is to either (i) enforce specific performance of Seller’s obligations
under this Contract, or (ii) terminate this Contract by written notice to Seller in which event the Earnest Money shall
be delivered to Buyer. If title to the Property is awarded to Buyer, the conveyance will be subject to the Permitted
Exceptions.
2.Buyer’s Default. If Buyer fails to perform any of its obligations under this Contract (“Buyer’s
Default”), Seller, as its sole and exclusive remedy, shall have the right to terminate this Contract by giving notice to
Buyer on or before the Closing Date and have the Earnest Money paid to Seller as liquidated damages (and not as a
penalty). Seller waives any remedy for damages.
3.Liquidated Damages. The parties agree that just compensation for the harm that would be caused by
a default by either party cannot be accurately estimated or would be very difficult to accurately estimate and that the
Earnest Money and the amounts provided above are reasonable forecasts of just compensation to the nondefaulting
party for the harm that would be caused by a default.
J.Miscellaneous Provisions
1.Notices. Any notice required by or permitted under this Contract must be in writing and will be
deemed to be delivered (whether actually received or not) when deposited with the United States Postal Service,
postage prepaid, certified mail, return receipt requested, and addressed to the intended recipient at the address shown
in this Contract. Any address for notice may be changed by written notice delivered as provided herein. Copies of
each notice shall be addressed as follows:
Real Estate Sales Contract Page 7 of 11
If to Buyer:
Anna Economic Development Corporation
Attn: City Manager
120 W. 7th Street
Anna, Texas 75409
With a copy to:
Clark McCoy
Wolfe, Tidwell & McCoy, LLP
2591 Dallas Parkway, Suite 300
Frisco, Texas 75034
If to Seller:
Joe A. Greer, Jr.
Rebecca F. Greer
PO Box 272
Anna, TX 75409-0272
2.Entire Contract. This Contract, together with its exhibits, and any Closing Documents delivered at
closing constitute the entire agreement of the parties concerning the sale of the Property by Seller to Buyer. There are
no oral representations, warranties, agreements, or promises pertaining to the sale of the Property by Seller to Buyer
not incorporated in writing in this Contract.
3.Amendment. This Contract may be amended only by an instrument in writing signed by the parties.
4.Assignment. This Contract will inure to the benefit of and be binding on the parties and their
respective successors and assigns. This Contract is fully assignable by Buyer provided: (a) such assignment must be
in writing and signed by Buyer and its assignee, (b) Buyer must send a copy of any assignment to Seller at least seven
(7) days prior to closing, and (c) such assignment shall not release Buyer from its obligations and liabilities under
this Contract. Upon compliance with the foregoing, the assignee(s) shall be entitled to enforce this Contract as against
Seller, including but not limited to, the remedy of specific performance.
5.Survival. The obligations of this Contract that cannot be performed before termination of this
Contract or before closing will survive termination of this Contract or closing, and the legal doctrine of merger will
not apply to these matters. If there is any conflict between the Closing Documents and this Contract, the Closing
Documents will control.
6.Choice of Law; Venue; Alternative Dispute Resolution. This Contract will be construed under the
laws of the state of Texas, without regard to choice-of-law rules of any jurisdiction. Venue is in Collin County, Texas.
Time permitting, the parties will submit in good faith to an alternative dispute resolution process before filing a suit
concerning this Contract.
7.Waiver of Default. It is not a waiver of default if the nondefaulting party fails to declare immediately
a default or delays taking any action with respect to the default.
8.No Third-Party Beneficiaries. There are no third-party beneficiaries of this Contract.
Real Estate Sales Contract Page 8 of 11
9.Severability. The provisions of this Contract are severable. If a court of competent jurisdiction finds
that any provision of this Contract is unenforceable, the remaining provisions will remain in effect without the
unenforceable parts.
10.Ambiguities Not to Be Construed against Party Who Drafted Contract. The rule of construction that
ambiguities in a document will be construed against the party who drafted it will not be applied in interpreting this
Contract.
11.No Special Relationship. The parties’ relationship is an ordinary commercial relationship, and they
do not intend to create the relationship of principal and agent, partnership, joint venture, or any other special
relationship.
12.Counterparts. If this Contract is executed in multiple counterparts, all counterparts taken together
will constitute this Contract.
13.Confidentiality. The parties will keep confidential this Contract, this transaction, and all information
learned in the course of this transaction, except to the extent disclosure is required by law or court order or to enable
third parties to advise or assist Buyer to investigate the Property or either party to close this transaction.
14.Additional Matters.
i. ) Seller agrees to cooperate with Buyer if, during the Feasibility Review Period, Buyer or the City
of Anna requires the Property to be preliminarily platted; provided, all costs of such plat shall be
borne by Buyer.
ii. ) To the best of Seller's current knowledge, but WITHOUT WARRANTY, water, sanitary sewer
and electric power line are available at the Property (excluding storm sewer).
iii. ) Buyer will secure at its own expense any necessary use permits, platting and signage
requirements and Seller agrees to cooperate as necessary to accomplish such.
15.Termination. If this Contract is terminated for any reason, the parties will have no further rights or
obligations under this Contract, except that: (1) Buyer shall pay the costs to repair any damage to the Property caused
by Buyer or Buyer's agents; (2) Buyer shall return to Seller any reports or documents delivered to Buyer by Seller;
and (3) each party shall perform any other obligations that, by the explicit provisions of this Contract, expressly
survive the termination of this Contract. The obligations of this Section 15 will survive the termination of this
Contract.
16.Attorneys' Fees. The prevailing party in any proceeding brought to enforce this Contract, or brought
relating to the transaction contemplated by this Contract, will be entitled to recover, from the non-prevailing party,
court costs, reasonable attorneys' fees and all other reasonable related expenses.
17.Intentionally Omitted.
18.Contract as Offer. The execution of this Contract by the first party to do so constitutes an offer to
purchase or sell the Property. If the other party does not accept that offer by signing this Contract and delivering a
fully executed copy to the first party within ten (10) days after the date this Contract is executed by the first party,
then the first party may withdraw that offer by delivering a written notice to the other party at any time before the
other party accepts that offer, in which case the Earnest Money, if any, will be returned to Buyer.
Real Estate Sales Contract Page 9 of 11
SELLER(S):
_________________________________
Joe A. Greer, Jr.
Date: __________________
_________________________________
Rebecca F. Greer
Date: __________________
Real Estate Sales Contract Page 10 of 11
BUYER:
Anna Economic Development Corporation
By: ___________________________________________
Bruce Norwood, President
Real Estate Sales Contract Page 11 of 11
Title Company Receipt
Title Company acknowledges receipt of Earnest Money in the amount of $10,000.00 and a copy of this
Contract executed by both Buyer and Seller.
Red River Title Co.
By:
Brittany Eleby,
its Escrow Officer
Date:
EXHIBIT A
Description of the Property
Being 3.76 acres of real property more or less, in the Henry Brantley Survey which includes the following
three contiguous tracts located in the City of Anna, Collin County, Texas: Tract 1 - 0.9666 more or less
acres of land with Property ID 1016108 commonly known by the address of 504 N. Powell Parkway;
Tract 2 – 1.9147 more or less acres of land with Property ID 2634357; and Tract 3 – 0.76 more or less
acres of land with Property ID 1017330.
Survey of the Property
EXHIBIT B
Seller’s Representations to Buyer
Seller (“Seller”, whether one or more) represents to Buyer (to Seller’s actual knowledge, without
duty of investigation) that the following are true and correct as of the Effective Date and will be true and
correct on the Closing Date.
1.Authority. This Contract is, and all documents required by this Contract to be executed and
delivered to Buyer at closing will be, duly authorized, executed, and delivered by Seller.
2.Litigation. There is no litigation pending or threatened against Seller that might affect the
Property or Seller’s ability to perform its obligations under this Contract except: NONE
3.Violation of Laws. Seller has not received notice of violation of any law, ordinance,
regulation, or requirements affecting the Property or Seller’s use of the Property, except: NONE
4.Lease. Seller promises to fully terminate any lease(s) and any and all tenants shall be
required to vacate the Property prior to closing.
5.Condemnation; Zoning; Land Use; Hazardous Materials. Seller has not received notice of
any condemnation, zoning, or land-use proceedings affecting the Property or any inquiries or notices by
any governmental authority or third party with respect to the presence of hazardous materials on the
Property or the migration of hazardous materials from the Property, except: NONE
6.No Other Obligation to Sell the Property or Restriction against Selling the Property.
Except for having granting a security interest in the Property (which security interest shall be released at
Closing) and the terms and conditions as stated therein, Seller has not obligated itself to sell the Property
to any party other than Buyer and Seller’s performance of this Contract will not cause a breach of any other
agreement or obligation to which Seller is a party or to which it is bound.
7.No Liens. On the Closing Date, the Property will be free and clear of all mechanic’s and
materialman’s liens and other liens and encumbrances of any nature except (a) the Permitted Exceptions
and (b) liens that will be paid from the proceeds of closing; no work or materials will have been furnished
to the Property that might give rise to mechanic’s, materialman’s, or other liens against the Property other
than work or materials to which Buyer has given its express written consent.
8.No Commitments. No commitments have been made by Seller to any governmental
authority, utility company, school board or church, or to any other religious body, or any other organization,
group or individual relating to any of the Property, which would impose an obligation upon Buyer or its
successors or assigns to make any contribution or dedication of money or land to construct, install or
maintain any improvements of a public or private nature on or off any of the Property.
9.No Other Representation. Except as stated above, Seller makes no representation with
respect to the Property.
Seller’s representations set forth in this Contract shall survive Closing for a period of twelve (12) months.
EXHIBIT C
Special Warranty Deed
NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY
REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING INFORMATION FROM ANY
INSTRUMENT THAT TRANSFERS AN INTEREST IN REAL PROPERTY BEFORE IT IS
FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER OR
YOUR DRIVER’S LICENSE NUMBER.
Date: _____________, 2025
Grantors: Joe A. Greer, Jr. and Rebecca F. Greer
Grantors’ Mailing Address: PO Box 272, Anna, TX 75409-0272
Grantee: Anna Economic Development Corporation – a Texas type A development corporation
Grantee’s Mailing Address: 120 W. 7th Street, Anna, Texas 75409
Consideration: $10.00 and other good and valuable consideration in hand received and adequacy of which
is acknowledged
Property (including any improvements): The real property described in Exhibit A, attached hereto and
incorporated herein by reference
Reservations from Conveyance: None
Exceptions to Conveyance and Warranty: The restrictions, easements, covenants, and other matters, if
any, described on Exhibit B, attached hereto and incorporated herein.
Grantors, for the Consideration and subject to the Reservations from Conveyance and the
Exceptions to Conveyance and Warranty, grant, sell, and convey to Grantee the Property in fee simple
title, together with all and singular the rights and appurtenances thereto in any way belonging, to have and
to hold it to Grantee and Grantee’s heirs, successors, and assigns forever. Grantor binds Grantor and
Grantor’s heirs and successors to warrant and forever defend all and singular the Property to Grantee and
Grantee’s heirs, successors, and assigns against every person whomsoever lawfully claiming or to claim
the same or any part thereof, by, through, or under Grantor, but not otherwise.
[The remainder of this page is left blank intentionally, signature page follows]
____________________________________
Joe A. Greer, Jr.
STATE OF TEXAS
COUNTY OF COLLIN
This instrument was acknowledged before me on __________________, 2025, by Joe A. Greer, Jr.
___________________________
Notary Public, State of Texas
(SEAL)
____________________________________
Rebecca F. Greer
STATE OF TEXAS
COUNTY OF COLLIN
This instrument was acknowledged before me on __________________, 2025, by Rebecca F. Greer.
___________________________
Notary Public, State of Texas
(SEAL)
EXHIBIT A
LEGAL DESCRIPTION
BEING o tract of land situated in the Henry Brantley Survey, Abstract No. 71, City of Anna, Collin County,
Texas being part of a called 5 acres, part of a called 205' X 175' tract of land, and part of a ca/led 5.70 acre tract of /and of
which a// are described in a Warranty Deed conveyed to Joe A Greer, JR. as recorded in Volume 5105, Page 1672 of the
Deed Records of Collin County, Texas (D.R.C.C.T.), and being more particularly described in metes and bounds as
follows;
BEGINNING in a curve to the right along the east Right-of-Way (ROW) line of State Highway No.5 at an iron
rod with plastic pink cap stamped ''TXDOT" found for the north comer of a comer clip in a Final Judgement found in
favor of the State of Texas and recorded in Instrument No. 20220418000617120 of the Official Public Records of Collin
County, Texas (O.P.R.C.C.T.);
THENCE with the east ROW line of State Highway No. 5 and through said curve to the right having a central
angle of 0.3'54'19", an arc length of 516.82', a radius of 7582.50', a chord bearing of N 03"49 '15" E, and a chord length
of 516.72 ', to a 1/2n iron rod with yellow plastic cap stamped "4613" set for corner;
THENCE N 20"06'37" E continuing with the east ROW line of State Highway No. 5 for a distance of
20.27' to an iron rod with plastic pink cap stamped "TXDOT" found for corner in the south line of a called 1.008 acre
tract of land conveyed to SAAS US Partners, lLC as recorded in Instrument No. 20150722000904850 O.P.R.C.C.T.;
THENCE S 89"25'44" E with the south line of the called 1.008 acre tmct of land for a distance of
232.62' to a 1/2n iron rod with yellow plastic cap stamped "4613" set for corner in the east line of a tract of land
described as SECOND TRACT in a Warranty Deed conveyed to Pamela Travis as recorded in Instrument No.
19980828000948770, 0.P.R.C.C.T.;
THENCE S 13'22'34" W with the west line of said SECOND TRACT for a distance of 17.24' to a 1/2" iron rod
with yellow plastic cap stamped "4613" set for the southwest corner of said SECOND TRACT corner;
THENCE S 39·59'39" E with the west line of said SECOND TRACT for a distance of 57.43' to a 1/2" iron rod
found for the northwest corner of the Guitierrez Addition, an addition to the City of Anna, Collin County, Texas, as
shown on the plat thereof recorded in Instrument No. 20101213010002460 of the Plat Records of Collin County, Texas
(P.R.C.C.T.);
THENCE S 07"27'34" W with the west line of said Guitierrez Addition for a distance of 149.99' to a 1/2" iron
rod found for the southwest corner of said Guitierrez Addition, and said iron rod found also being the northwest comer of
o called 0.580 acre tract of land conveyed to Marco Antonio Villegas and Diana Diaz Martinez as recorded in Instrument
No. 20201109001988110, O.P.R.C.C.T.;
THENCE S 03"52'37" W a distance of 146.60' to a 1/2" iron rod found for the southwest corner of a called
0.5795 acre tract of fond conveyed to Fernando and wife, Leticia Diaz as recorded in Instrument No.
20110713000728470, O.P.R.C.C.T., and said iron rod found being the northwest corner of a tract of land conveyed to Joe
A. Greer, JR. as recorded in Volume 943, Page 273, DR.C.CT.; 230.61
THENCE S 01"51 '16" W with the west side of said Joe A. Greer, JR. tract of land passing an iron rod with
plastic cap stamped "GREER" found for the southwest corner of said Joe A. Greer, JR. tract of land at a distance of
230.61' and continuing for a total distance of 240.42' to a 1/2" iron rod with yellow plastic cap stamped "4613" set for
corner in the north line of Hackberry Lane;
THENCE N 89"38'30" W with the north line of Hackberry Lane for a distance of 275.72' to a 1/2" iron rod with
yellow plastic cap stamped "4613" set for the southeast corner of said comer clip of the said Final Judgement found in
favor of the State of Texas;
THENCE N 38"56'48" W along said corner clip a distance of 23.18' to the POINT OF BEGINNING, and
containing 158,712 Square Feet or 3.644 acres of land.
EXHIBIT B
(Attach title exceptions)
Item No. 6.
EDC/CDC Agenda
Staff Report
Meeting Date: 12/11/2025
Staff Contact:
AGENDA ITEM:
Manager's Report.
SUMMARY:
FINANCIAL IMPACT:
STAFF RECOMMENDATION:
ATTACHMENTS:
Item No. 6.a.
EDC/CDC Agenda
Staff Report
Meeting Date: 12/11/2025
Staff Contact: Salena Tittle
AGENDA ITEM:
Strategic Plan Update
SUMMARY:
Economic Development Manager, Salena Tittle, to give a brief overview of what staff
has been working on and future initiatives.
FINANCIAL IMPACT:
STAFF RECOMMENDATION:
N/A
ATTACHMENTS:
1. November 2025 Strategic Plan Update
Economic Development Highlights
November 2025
Real Estate & Developer
Meetings01 04
02
Newsletter Subscribers
Instagram & Facebook
Followers
12 2 new
2,214 total
Pre-Development
Meetings
Linkedin Followers
03 06
Business Retention
& Expansion
Contacts
4
9 0 new Insta - 110 total
19 new FB - 1,000 total
5 new
1,964 total
05
UniqueUnique
VibrantVibrant
EDC staff attended the HOLT CAT Grand Opening
& Ribbon Cutting
Salena attended Roma’s Italian Bistro Grand
Re-Opening & Ribbon Cutting
Natasha attended the GDPC
North Urban Summit
EDC sponsored & attended the DallasMeetup
CRE Cohort
Joey was a featured panelist at the State of
Texoma Region Conference
EDC sponsored and attended the Greater Anna
Chamber of Commerce Fall Golf Tournament
Natasha and Salena attended the Anna
Community Library Grand Opening & Ribbon
Cutting
Natasha and Salena attended the Ship It & More
Grand Opening & Ribbon Cutting
Salena attended the 4th & Main Barber Co
Grand Opening
Item No. 6.b.
EDC/CDC Agenda
Staff Report
Meeting Date: 12/11/2025
Staff Contact: Salena Tittle
AGENDA ITEM:
Financial Report / Sales Tax Update
SUMMARY:
Economic Development Manager, Salena Tittle, to update the Board on the overall
sales tax for the month of September 2025, which is up roughly 6% from the previous
year, September 2024.
FINANCIAL IMPACT:
STAFF RECOMMENDATION:
N/A
ATTACHMENTS:
1. 2025 Monthly Sales Tax Report
% Change
2024-25 Collections from 2023-24 Collections
Monthly Prior Year Monthly
October 780,090$ 19% 655,358$
November 753,401 8% 695,026
December 995,930 30% 768,837
January 682,766 20% 566,981
February 675,214 9% 621,381
March 1,873,725 159% 723,838
April 779,340 20% 647,636
May 780,970 12% 699,251
June 867,435 4% 835,007
July 817,173 4% 785,388
August 761,329 -7% 818,441
September 844,898 6% 794,437
10,612,271$ 8,611,581$
Budget: 6,753,000 157% 6,753,100
CITY OF ANNA
Schedule of Sales Tax Collections
September 30, 2025
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
$1,600,000
$1,800,000
$2,000,000
Monthly Sales Tax Collections:
3 Year Comparison
FY2022-23 FY2023-24 FY2024-25
Item No. 6.c.
EDC/CDC Agenda
Staff Report
Meeting Date: 12/11/2025
Staff Contact: Salena Tittle
AGENDA ITEM:
Event Updates / Upcoming Events / Reminders
SUMMARY:
City of Anna 12 Days of Christmas:
The City of Anna's 12 Days of Christmas started on December 6th, with a different
family event each and every day. You've got a few more days left of fun-filled events, so
don't miss out!
January Meeting Reminder:
Please do not forget, the next CDC/EDC Joint Board Meeting will not be held again until
January 8, 2026.
Happy Holidays:
The EDC staff would like to wish each member of the CDC/EDC Board a very Merry
Christmas and a Happy New Year! May this season bring you joy, rest, and meaningful
time with loved ones. Thank you for your dedication and leadership throughout the year.
We are definitely looking forward to a successful and inspiring year ahead!
FINANCIAL IMPACT:
STAFF RECOMMENDATION:
N/A
ATTACHMENTS:
Item No. 7.a.
EDC/CDC Agenda
Staff Report
Meeting Date: 12/11/2025
Staff Contact:
AGENDA ITEM:
Consult with legal counsel on matters in which the duty of the attorney to the
governmental body under the Texas Disciplinary Rules of Professional Conduct of the
State Bar of Texas clearly conflicts with Chapter 551 of the Government Code (Tex.
Gov’t Code §551.071); Grant program; Lease agreement and professional services
contract. Pending Contracts.
SUMMARY:
Closed session deliberation.
FINANCIAL IMPACT:
STAFF RECOMMENDATION:
N/A
ATTACHMENTS:
Item No. 7.b.
EDC/CDC Agenda
Staff Report
Meeting Date: 12/11/2025
Staff Contact:
AGENDA ITEM:
Deliberate regarding the purchase, exchange, lease or value of real property. (Tex.
Gov’t Code §551.072) possible property acquisition; possible land sale/purchase.
SUMMARY:
Closed session deliberation.
FINANCIAL IMPACT:
STAFF RECOMMENDATION:
N/A
ATTACHMENTS:
Item No. 7.c.
EDC/CDC Agenda
Staff Report
Meeting Date: 12/11/2025
Staff Contact:
AGENDA ITEM:
Discuss or deliberate personnel matters: (1) to deliberate the appointment, employment,
evaluation, reassignment, duties, discipline, or dismissal of a public officer or employee;
or (2) to hear a complaint or charge against an officer or employee. (Tex. Gov't Code
§551.074).
SUMMARY:
Closed session deliberation.
FINANCIAL IMPACT:
STAFF RECOMMENDATION:
N/A
ATTACHMENTS:
Item No. 7.d.
EDC/CDC Agenda
Staff Report
Meeting Date: 12/11/2025
Staff Contact:
AGENDA ITEM:
Discuss or deliberate Economic Development Negotiations: (1) To discuss or deliberate
regarding commercial or financial information that the Board of Directors has received
from a business prospect that the Board of Directors seeks to have locate, stay, or
expand in or near the territory of the City of Anna and with which the Board is
conducting economic development negotiations; or, (2) To deliberate the offer of a
financial or other incentive to a business prospect described by subdivision (1). (Tex.
Gov’t Code §551.087); potential retail and medical projects.
SUMMARY:
Closed session deliberation.
FINANCIAL IMPACT:
STAFF RECOMMENDATION:
N/A
ATTACHMENTS:
Item No. 10.
EDC/CDC Agenda
Staff Report
Meeting Date: 12/11/2025
Staff Contact:
AGENDA ITEM:
Adjourn.
SUMMARY:
FINANCIAL IMPACT:
STAFF RECOMMENDATION:
ATTACHMENTS: