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2023-08-08 Work Session & Regular Meeting Packet
AGENDA City Council Work Session Tuesday, August 8, 2023 @ 5:30 PM Anna Municipal Complex - Council Chambers 120 W. 7th Street, Anna, Texas 75409 The City Council of the City of Anna will meet in Closed Session on August 8, 2023 at 5:30 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. Closed Session (Exceptions). Under Tex. Gov't Code Chapter 551, the City Council may enter into Closed Session to discuss any items listed or referenced on this Agenda under the following exceptions: a. Consult with legal counsel regarding pending or contemplated litigation and/or 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). Zoning and Related Ordinances. b. Discuss or deliberate the purchase, exchange, lease, or value of real property (Tex. Gov’t Code §551.072). c. Discuss or deliberate Economic Development Negotiations: (1) To discuss or deliberate regarding commercial or financial information that the City has received from a business prospect that the City seeks to have locate, stay, or expand in or near the territory of the City of Anna and with which the City 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). d. Discuss or deliberate personnel matters (Tex. Gov’t Code §551.074). City Secretary Annual Review The Council further reserves the right to enter into Executive Session at any time throughout any duly noticed meeting under any applicable exception to the Open Meetings Act. 3. Consider/Discuss/Action on any items listed on any agenda - work session, regular meeting, or closed session - that is duly posted by the City of Anna for any City Council meeting occurring on the same date as the meeting noticed in this agenda. 4. Adjourn. This is to certify that I, Jeovanna Rubio, Deputy City Secretary, 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 08/03/2023. Jeovanna Rubio, Deputy City Secretary AGENDA City Council Meeting Tuesday, August 8, 2023 at 6:00 PM Anna Municipal Complex - Council Chambers 120 W. 7th Street, Anna, Texas 75409 The City Council of the City of Anna will meet on August 8, 2023 at 6:00 PM in the Anna Municipal Complex-Council Chambers, located at 120 W. 7th Street, to consider the following items. Welcome to the City Council meeting. If you wish to speak on an Open Session agenda item, please fill out the Opinion/Speaker Registration Form and turn it in to the City Secretary before the meeting starts. 1. Call to Order, Roll Call, and Establishment of Quorum. 2. Invocation and Pledge of Allegiance. 3. Neighbor Comments. At this time, any person may address the City Council regarding an item on this meeting Agenda that is not scheduled for public hearing. Also, at this time, any person may address the City Council regarding an item that is not on this meeting Agenda. Each person will be allowed up to three (3) minutes to speak. No discussion or action may be taken at this meeting on items not listed on this Agenda, other than to make statements of specific information in response to a citizen’s inquiry or to recite existing policy in response to the inquiry. 4. Reports. Receive reports from Staff or the City Council about items of community interest. Items of community interest include: expressions of thanks, congratulations, or condolence; information regarding holiday schedules; an honorary or salutary recognition of a public official, public employee, or other citizen (but not including a change in status of a person's public office or public employment); a reminder about an upcoming event organized or sponsored by the governing body; information regarding a social, ceremonial, or community event organized or sponsored by an entity other than the governing body that was attended or is scheduled to be attended by a member of the governing body or an official or employee of the municipality; and announcements involving an imminent threat to the public health and safety of people in the municipality that has arisen after the posting of the Agenda. 5. Work Session. a. Anacapri Laguna - Building Materials Discussion (Non-residential and multiple- family residence). (Planning Manager Lauren Mecke) b. Potential Development of a 137 Acre Tract on West White Street. (Planning Manager Lauren Mecke) c. Presentation of the Proposed FY2023-2024 Budget. (Interim City Manager Ryan Henderson) 6. Consent Items. These items consist of non-controversial or "housekeeping" items required by law. Items may be considered individually by any Council Member making such request prior to a motion and vote on the Consent Items. a. Approve City Council Meeting Minutes for July 25, 2023. (City Secretar y Carrie Land) b. Review Minutes of the June 1, 2023, Joint Community Development Corporation and Economic Development Corporation Board Meetings. (Director of Economic Development Joey Grisham) c. Approve Amendments to Article 9.07 Tree Preservation of The City of Anna Code of Ordinances. (Planning Manager Lauren Mecke) d. Approve a Resolution authorizing the City Manager to approve an updated interlocal agreement for jail services between Collin County and the City of Anna. (Police Chief Dean Habel) e. Approve a Resolution authorizing the City Manager to execute an updated interlocal agreement for emergency dispatch services between Collin County and the City of Anna. (Police Chief Dean Habel) 7. Items For Individual Consideration. a. Consider/Discuss/Action on a Resolution authorizing the City Manager to execute an Interlocal Agreement with Collin County for the funding of Leonard Avenue. (CIP Manager Justin Clay) b. Consider/Discuss/Action on a Resolution authorizing the City Manager to execute an Impact Fee Reimbursement Agreement with Canvas Anna Owner, LLC for the construction of public roadway and water improvements. (City Engineer Wes Lawson) c. Consider/Discuss/Action on a Resolution naming the date and place of a public hearing on the FY2023-2024 Budget. (Budget Manager Terri Doby) d. Consider/Discuss/Action on a Resolution to propose a property tax rate of 0.510717 per $100 of property valuation for the City that the Council may adopt for the 2023 tax year and setting date and time for a public hearing on the tax rate. (Budget Manager Terri Doby) e. Consider/Discuss/Action on a Resolution rejecting all bids for the Downtown Street Expansion project. (Interim Assistant City Manager Greg Peters) 8. Closed Session (Exceptions). Under Tex. Gov't Code Chapter 551, the City Council may enter into Closed Session to discuss any items listed or referenced on this Agenda under the following exceptions: a. Consult with legal counsel regarding pending or contem plated litigation and/or 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). Zoning and Related Ordinances. City Regulations. b. Discuss or deliberate the purchase, exchange, lease, or value of real property (Tex. Gov’t Code §551.072). c. Discuss or deliberate Economic Development Negotiations: (1) To discuss or deliberate regarding commercial or financial information that the City has received from a business prospect that the City seeks to have locate, stay, or expand in or near the territory of the City of Anna and with which the City 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). d. Discuss or deliberate personnel matters (Tex. Gov’t Code §551.074). City Secretary Annual Review. The Council further reserves the right to enter into Executive Session at any time throughout any duly noticed meeting under any applicable exception to the Open Meetings Act. 9. Consider/Discuss/Action on any items listed on any agenda - work session, regular meeting, or closed session - that is duly posted by the City of Anna for any City Council meeting occurring on the same date as the meeting noticed in this agenda. 10. Adjourn. This is to certify that I, Jeovanna Rubio, Deputy City Secretary, 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 08/03/2023. Jeovanna Rubio, Deputy City Secretary Item No. 5.a. City Council Agenda Staff Report Meeting Date: 8/8/2023 Staff Contact: Lauren Mecke AGENDA ITEM: Anacapri Laguna - Building Materials Discussion (Non-residential and multiple-family residence). (Planning Manager Lauren Mecke) SUMMARY: Magatel Homes is seeking feedback on changes they would like to propose to the Development Agreement pertaining to nonresidential and multiple-family residence building material requirements. FINANCIAL IMPACT: This item has no financial impact. BACKGROUND: The applicant entered into a Development Agreement (DA) with the City as part of the zoning approval or the property in 2020. Exhibit DA-1 of the Development Agreement contains Development Standards / Builder Material requirements for nonresidential buildings and multiple-family residence buildings. STRATEGIC CONNECTIONS: This item has no strategic connection. ATTACHMENTS: 1. Megatel HomesREV07-25-23 2. 10-12-21 AnaCapri Laguna Azure LLC - AnaCapri Development Agreement recorded 4595 EXCEL PARKWAY ADDISON, TEXAS 75001 214-520-8878 To whom may it concerns, I am Minho Kim, Principal and Chief Design Officer at HEDK Architects. HEDK Architects has been working with Megatel Homes on Megatel Lagoon projects, since 2020. I would like to take an opportunity to present the architectural style that Megatel Homes would like to achieve on their lagoon projects. The architectural style that Megatel Homes would like to propose is Caribbean style of architecture. We believe Caribbean style architecture promotes the overall look and feel of the lagoon communities for the best of the resort style living experiences for the residence and tenants. It also provides a distinguished architectural experience for the lagoon to the neighborhood communities, visitors, and the city. Caribbean style architecture presents horizontal siding, board and batten, siding panel, rafter tail details, brackets, deep overhang, covered patio, different types of shutters, and bright color schemes. (Please see pictures below.) We also believe Caribbean style of architecture would accentuate the lagoon and its amenity spaces, as a feature of the community and the city. We propose using fiber cement siding materials which is fire resistant and carries a 50-year warranty. It is a very sturdy and modern cementitious material, yet can be used in a manner that reflects true Caribbean architectural style. If you have any questions, comments, or concerns, please feel free to contact me anytime. I hope this letter will help the city to understand the style and materials that Megatel Homes try to achieve in their lagoon communities. Sincerely, Minho Kim, NCARB, LEED AP Principal 4595 Excel Parkway | Addison, TX 75001 P 214.520.8878 X104 | C 214.914.9723 2021102100215518010/ 21/202103:17:28 PM PG 1/165 ANACAPRIDEVELOPMENTAGREEMENT ThisAnaCapriDevelopmentAgreement (this "Agreement") isenteredintobyandbetween theCITYOF ANNA, a home -rulemunicipalityinCollinCounty, Texas (the "C"), and ANACAPRILAGUNA AZURE, LLC, a Wyominglimitedliabilitycompany ("Developer"), to beeffectiveontheEffectiveDate. SECTION1 RECITAT ., WHEREAS, certaintermsusedintheserecitalsaredefinedinSection2; and WHEREAS, Developerand theCityare sometimescollectivelyreferencedinthis Agreementas (the "Parties") oreachindividuallyas and WHEREAS, Developerownsapproximately341acresofrealpropertylocatedinthe municipalboundariesofthe City, inCollinCounty, Texas, describedinExhibitA (the Pro e]V"); and WHEREAS, DeveloperdesirestoproceedwithdevelopmentofthePropertytobeknown as AnaCapri, as generallyillustratedontheConceptPlaninExhibitB, whichDevelopmentis anticipatedtooccuroveranumberofyearsinphases, as showninExhibitC; and WHEREAS, thePropertyOwnerspreviouslyappliedtorezonethePropertyforplanned developmentzoning ("PD Zoning") inordertoamendPlanningandDevelopmentRegulations withinTheCityofAnnaCityCodeofOrdinances; and WHEREAS, theCity's Planning &ZoningCommissionandCityCouncilprovidedthe requisitenoticesbypublicationandotherwiseandscheduledpublichearingswithrespecttothe rezoningofthePropertyasrequiredbylaw; and V`THEREAS, theCityCouncilapprovedthePD ZoningbyCityofAnnaOrdinance887- 2020onDecember8, 2020; and WHEREAS, thePartiesfurtherintendthatthePropertybedevelopedinaccordancewith thePD Zoning, thisAgreement, theDevelopmentStandards, andtheCityRegulations; and WHEREAS, DeveloperplanstobegindevelopmentofthePropertyupon (i) theexecution ofthisAgreement; (ii) forsingle-familydevelopment, thesubmissionand approvalofa preliminaryplat(s), finalplat(s), andtreepreservationplan(s) consistentwiththeConceptPlan, andformultifamilydevelopment, amenities, andanynonresidentialdevelopment, thesubmission andapprovalofapreliminaryplats(s), finalplat(s), siteplan(s), landscapeplan(s), lightingplan(s), facade/elevationplan(s), andotherplansrequiredbyCityordinance; (iii) theissuancebytheCity ofa will -serveletterforbothwaterand wastewaterservicesfortheapplicableportionofthe Development; and (iv) creationofthePID(s) andTIRZbytheCityforthereimbursementor paymentto Developerofcertaincostsofacquisitionand constructionofcertainpublic improvementsand certainotherassociatedcoststobenefittheProperty; (v) dedication, infee simple, ofthe9.4± acreSchoolSiteconsistentwiththePreliminaryPlatforAnacapri, (Res. No. 2021-02-861) totheAnnaIndependentSchoolDistrict; and WHEREAS, Developerdesiresandintendstodesign, constructandinstalland/ormake financialcontributionstocertainAuthorizedImprovementstoservetheDevelopment; and WHEREAS, thePartiesintendforthedesign, construction, and installationofthe AuthorizedImprovementstooccurina phasedmannerandintendthatDeveloperwilldedicatethe AuthorizedImprovementstotheCityforuseandmaintenance, subjecttoapprovaloftheplans andinspectionandacceptanceoftheAuthorizedImprovementsinaccordancewiththisAgreement andtheCityRegulationsand, contingentuponthecreationofthePID, theexecutionanddelivery ofa PIDReimbursementAgreementforfinancingofsuchAuthorizedImprovements; and WHEREAS, inconsiderationofDeveloper's agreementscontainedhereinanduponthe creationofthePID(s), theCityshallusegoodfaitheffortsexerciseitspowersunderChapter372, TexasLocalGovernmentCode, toprovidefinancingarrangementsthatwillenableDeveloperto do thefollowinginaccordancewiththeproceduresandrequirementsofthePIDActandthis Agreement: (a) receivefundingorreimbursementforallora portionofthePIDProjectsusingthe PID Bond Proceeds; or (b) receivefundingorreimbursementforallor a portionofthePID Projects, the sourceofwhichreimbursementwillbe annualinstallmentpaymentsfrom Assessmentson thePropertywithinthePID(s), providedthatsuchreimbursementsshallbe subordinatetothepaymentof (x) PIDBonds, (y) AdministrativeExpenses, and (z) anyamounts owedtotheCitybyDeveloperinconnectionwiththePID; and WHEREAS, theCity, subjecttotheconsentand approvaloftheCityCouncil, the satisfactionofallconditionsforPIDBondissuance, Developer's compliancewiththisAgreement, andinaccordancewiththetermsofthisAgreementandalllegalrequirements, includingbutnot limitedtotheIndenture, shallusegoodfaitheffortsto: (i) adopta ServiceandAssessmentPlan; ii) adoptoneormoreAssessmentOrdinances (toreimburseDeveloperforallora portionofthe PIDProjectsCostandthecostsassociatedwiththeadministrationofthePIDandtheissuanceof thePIDBonds, andforrepaymentofPIDBonds); (iii) issue, inmultipleseries, upto $58,000,000 intheprincipalamountofPIDBondsforthepurposeoffinancingthePIDProjectsinaccordance withtheServiceandAssessmentPlanandreimbursingDeveloperforcertainassociatedcostsas describedherein; and (iv) createtheTIRZ; and WHEREAS, thePartiesagreethattheAuthorizedImprovementsarealsoimprovements thatqualifyasprojectsundertheTIRZAct; and WHEREAS, theCityshallusegoodfaitheffortstocreateaTIRZundertheTIRZActthat shallbe coterminouswiththeboundariesofthePropertyandshalladopt, approve, andexecutethe TIRZDocumentstodedicatesaidTIRZincrementfora periodnottoexceed30years, withthe baseyearbeingestablished (i) foranyresidentialTIRZpaymentarea, asoftheyearPIDBonds are issuedovera correspondingPID improvementarea, and (ii) forthemultifamilyand commercialTIRZ, as oftheyearconstructioncommenceswithintherelevantTIRZpaymentareas; and ANACAPRIDEVELOPMENT AGREEMENT PAGE 2 WHEREAS, alloftheCity's AdministrativeExpensesassociatedwiththeTIRZ, when createdwillbepaidfromtheTIRZFund, inaccordancewiththeTIRZAct, andtheCitywillnot beresponsibleforpaymentofsuchcosts; and WHEREAS, totheextentfundsmustbeadvancedtopayforanycostsassociatedwiththe creationofthePID(s) orTIRZ, theissuanceofPIDBonds, orthepreparationofdocumentation relatedthereto, includinganycostsincurreddirectlybytheCityanditsconsultantsandadvisors excludingthefeesassociatedwithclosingthePIDBondsandpaidfromPIDBondProceeds, and excludingancostsincurredastheresultofthirdpartyinquiries, requests, orprojects), DeveloperY shallberesponsibleforadvancingsuchfundsandshallhavea righttoreimbursementforthefunds advancedfromthePIDBondProceeds, Assessmentrevenues, orTIRZincrements, andtheCity willnotbe responsibleforsuchreimbursementorthepaymentofanysuchcostsfromanyother sourcesoffunds; and WHEREAS, inconsiderationoftheDeveloper's agreementscontainedherein, theCity shalluse goodfaitheffortstocreatetheTIRZandadopt, approve, andexecutetheTIRZ DocumentstodedicateacertainamountoftheCity's collectedadvaloremtaxincrementas providedforinthisAgreement; and WHEREAS, Developerunderstandsandacknowledgesthattheobligationsundertaken underthisAgreementareprimarilyforthebenefitoftheProperty; and WHEREAS theCityrecognizesthepositiveimpacttheAuthorizedImprovementswill bringtotheCityandthatsaidimprovementswillpromotestateandlocaleconomicdevelopment, stimulatebusinessandcommercialactivityintheCityforthedevelopmentanddiversificationof theeconomy eofthestate, promotethedevelopmentandexpansionofcommerceinthestate, and reduceunemploymentorunderemploymentinthestate; and WHEREAS, unlessexpresslysetforthtothecontraryinthisAgreement, thePartiesintend thisAgreementtosupersedeCityRegulationsonlytotheeventthatCityRegulationsdirectly conflictwiththetermsofthisAgreement. NOW THEREFORE, inconsiderationofthemutualcovenantscontainedherein, the Partiesherebyagreeas follows: SECTION2 DEFINITIONS CertaintermsusedinthisAgreementaredefinedinthisSection2.Othertermsusedinthis AgreementaredefinedintherecitalsorinothersectionsofthisAgreement. Anycapitalizedterm notdefinedhereinshallhavethemeaningassignedtoitbytheCityCode, ifapplicable. Unlessthe contextrequiresotherwise, thefollowingtermsshallhavethemeaningshereinaftersetforth: AdditionalCostsmeanstheactualadditionalcoststheCitymay incurintheissuanceofits own CityObligations. PAGE 3ANACAPRIDEVELOPMENTAGREEMENT AdministrativeExpensesshallincludereasonableexpensesactuallyincurredbthepyyCityintheestablishment, administration, andoperationofthePIDandtheTIRZandthecollectionofanyassessmentsandotheramountsassociatedwithsame. AND meanstheAnnaIndependentSchoolDistrict. Assessment(s) meansthespecialassessmentsleviedonthePropertyona phase -by -phasebasis, underoneormoreAssessmentOrdinancesadoptedtoreimburseDeveloperforaportionofthePIDProjectsbenefittingtheapplicablephase(s) as setforthintheServiceandAssessmentPlan, as wellaspaymentofAdministrativeExpensesandrepaymentofthePIDBondsandthe costsassociatedwiththeissuanceofthePIDBonds. AssessmentOrdinancemeansan ordinanceapprovedbytheCityCouncilunderthePIDActestablishingoneormoreAssessment(s). AuthorizedImprovementsmeansthePIDProjectsand allotheron- and off -sitepublicwater, sewer, drainage, and roadwayfacilities, alongwithotherpublicimprovements, suchaslandscapingandscreening, parks, andtrails, tobe constructedbyDeveloper, includingwithoutpglimitationtheimprovementsidentifiedonExhibitD, whichbenefitthePropertyandforwhichthePartiesintendDeveloperwillbefullyorpartiallyreimbursedpursuanttothetermsofthisAgreement. AuthorizedImprovementsCostmeantheactualcostsofdesign, engineering, construction, acquisition, andinspectionoftheAuthorizedImprovementsandallcostrelatedinanymannertotheAuthorizedImprovements. BondOrdinancemeansan ordinanceadoptedbytheCityCouncilthatauthorizesand approvestheissuanceandsaleofthePIDBonds. BudgetedCostmeans, withrespecttoanygivenAuthorizedImprovement, theestimated costoftheimprovementassetforthbyphaseinExhibitDbutshallnotbeconstruedasalimitation onthecostofan improvement. CapitalImprovements) shallhavethemeaningprovidedinChapter395, TexasLocalGovernmentCode. CapitalImprovementCostsmeansany construction, contributions, or dedicationsof CapitalImprovements, includingactualcostsofdesign, engineering, construction, acquisition, and inspection, andallcostsrelatedinanymannertotheCapitalImprovement. CapitalImprovementsPlan (" CIP") meansallcapitalimprovementsplan(s) dulyadoptedbytheCityunderChapter395, TexasLocalGovernmentCode, as may be updatedoramendedpfromtimetotime. CertificateofOccupancymeansa certificateunderCityCode Section9.04.035, as amended, requiredtouseoroccupyorpermittheuseoroccupancyofanybuildingorpremises. ANACAPRIDEVELOPMENTAGREEMENT PAGE 4 Chapter380AgreementmeansanagreementunderChapter3805TexasLocalGovernment Code, as amended, betweenDeveloperand theCityunderwhichDeveloperwillpurchase constructionmaterialsusingaTexasDirectPaymentPermitandgenerateeconomicdevelopment andlocalusetaxrevenuetobe receivedbyCityanda certainportionofsaidrevenueshallbe dividedbetweentheCitythatwillretain65% ofsaidrevenueandpayDeveloper35% ofsaid revenue. CityCodemeanstheCodeofOrdinances, CityofAnna, Texas. CityCouncilmeansthegoverningbodyoftheCity. Ci_ ManagermeansthecurrentoractingCityManageroftheCityofAnnaora person designatedtoacton behalfofthatindividualifthedesignationisinwritingandsignedbythe currentoractingCityManager. Ci • ObliationsmeanspublicsecuritiesorobligationsissuedbytheCityon itsowntaxing powerofmunicipalrevenues. CityPIDFeemeansa one-timefeeof $3,400perresidentiallotestablishedbytheCity's establishedPID whichshallbetreatedassetforthinSection7.2 ofthisAgreement. policy, CityRegulationsmeanstheCity's applicabledevelopmentregulationsassuchexistonthe EffectiveDate, includingwithoutlimitationCityCode provisions, DevelopmentStandards, ordinances, designstandards, and otherpoliciesdulyadoptedby theCity. Thetermdoesnot includeImpactFees, whichshallbetreatedassetforthinSection7.2. ConceptPlanmeanstheintendedplanforthedevelopmentoftheProperty, approvedby theCityY YbCityofAnnaResolutionNo. 2020-12-837on December8, 2020anddepictedon ExhibitB. Developermeanstheentity(ies) responsiblefordevelopingthePropertyinaccordancewith thisAgreementandtheirpermittedassigns. DeveloperContinuinizDisclosureAgreementmeansanycontinuingdisclosureagreement ofDeveloperexecutedcontemporaneouslywiththeissuanceandsaleofPIDBonds. DeveloperImprovementAccountmeansthe ' constructionfundaccountcreatedunderthe Indenture, fundedby Developer, andusedtopayforportionsoftheacquisition, design, and constructionofthePIDProjects. Developmentmeansthemixed -usesubdivisiontobedevelopedunderthetermsofthis AgreementonthePropertythatisthesubjectofthisAgreement. DevelopmentStandards_ means thedesignspecificationsandconstructionstandards permittedorimposedby thisAgreementand applicableCityRegulations, includingwithout limitationthePD Zoningandthefour (4) agreementswith. theCity, eachtitledDevelopment Agreement," enteredintoonDecember8, 2020andattachedheretorespectivelyasExhibitDA- 1, ExhibitDA-2, ExhibitDA-3, andExhibitDA-4. ANACAPRIDEVELOPMENT AGREEMENT PAGE 5 EffectiveDatemeanstheeffectivedateofthisAgreement, whichshallbe thedateuponwhichallpartieshavefullyexecutedanddeliveredthisAgreementandtheCi 's legalcounseltyg1hassignedthisAgreement, approvingsameastoform. EndUsermeansanytenant, user, orownerofa FullyDevelopedandImprovedLot. EntertainmentCommercialBuildingmeansa 30,000squarefootentertainmentcommercialbuildingthatincludesatleasta4-lanebowlingalley, gym/fitnesscenter, adultgame areateen arcade, kidsplayarea, yogastudio, andrestaurant. FullyDevelopedand ImprovedLotmeansany privately -ownedlotintheProperty, p rty, regardlessofproposeduse, intendedtobe servedbytheAuthorizedImprovementsandforwhichafinalplathasbeenapprovedbytheCityandrecordedintheRealPropertyRecordsofCollinCounty. p GolfCartshallhavethemeaningsetforthinSection551.401, TexasTransportationCode as amended. HOA meansa propertyowners' associationasdefinedunderSection202.001, TexasLocal GovernmentCode, thatDeveloperisrequiredtoformunderthisAgreementtobe knownas theAnacapriHomeowners' Associationorsuchsimilarname as may be availablewithTexasSecretaryofState, anditssuccessors. HomeBuyerDisclosureProgrammeansthedisclosureprogram, administeredbythePIDAdministratorassetforthinadocumentintheformofExhibitE, oranotherformagreedtobytheParties, thatestablishesamechanismtodisclosetoeachEnd Userthetermsandconditions underwhichtheirlotisburdenedbythePID. ImpactFeesmeansthosefeesnormallyassessedbeforeoratthetimeofrecordationofa finalplatandcollectedatthetimetheCityissuesabuildingpermitinaccordancewithChapterterp395, TexasLocalGovernmentCode, andas definedtherein. ImpactFee Creditsmeans dollar -for -dollar, unreducedcreditsagainstImpactFees otherwiseduefromtheProjecttooffsetCapitalImprovementsCosts. ImprovementAccountoftheProjectFund ("IAPF' a meanstheconstructionfundaccount createdundertheIndenture, fundedbythePIDBondProceedsandusedto a orreimbursepayfor certainportionsoftheconstructionoracquisitionofthePIDProjects. Indenturemeansa trustindenturebyandbetweentheCityanda trusteebankunderwhich PIDBondsareissuedandfundsareheldanddisbursed. IndentureAccountsmeanstheIAPFandDeveloperImprovementAccount. La a meansa sandbeachandbluelagoonofatleast2.3 acresofwatersurfaceareawith publicaccess, whichLagunaisgenerallyandconceptuallydepictedinExhibitGandshallinclude thecomponentssetforthinExhibitG-1. ANACAPRIDEVELOPMENTAGREEMENT PAGE 6 MandatoryAssessmentPrepayment(s) meansa mandatoryprepaymentofan Assessment orAssessmentsinaccordancewithSection3.4, andfurtherdefinedintheSAP. MayormeanstheMayoroftheCityofAnna. NoticemeansanynoticerequiredorcontemplatedbythisAgreement (orotherwisegiven inconnectionwiththisAgreement). PD Zoningmeanstheplanneddevelopmentzoningapprovedby theCityCouncilby Ordinance887-2020on December8, 2020, whichPD Zoningshallbe consideredpartofthe DevelopmentStandardsunderthisAgreement. Phase1 means thefirstphaseoftheDevelopment, as setforthintheConceptPlan, containingapproximately457residentiallotsincluding: Phase1A as showninCityofAnna ResolutionNo. 2021-09-987 (191residentiallots); Phase1B asshowninCityofAnnaResolution No. 2021-09-988 (204residentiallots); andPhase1C as showninCityofAnnaResolutionNo. 2021-10-1002 (62residentiallots). PID meanstheAnacapriPublicImprovementDistrict(s) coveringallsingle-family residentiallandswithintheProperty, whichtheCityagreestoexertgoodfaitheffortstocreatefor thebenefitofthePropertypursuanttothePIDAct. PIDActmeansChapter372, TexasLocalGovernmentCode, as amended. PIDAdministratormeansan employee, consultant, ordesigneeoftheCitywhoshallhave theresponsibilitiesprovidedintheServiceand AssessmentPlan, an Indenture, or anyother agreementordocumentapprovedby theCityrelatedtothedutiesandresponsibilitiesforthe administrationofthePID. PIDBondsmeansassessmentrevenuebonds, butnotRefundingBonds, issuedbytheCity pursuanttothePIDActtofinancethePIDProjects. PIDBondProceedsmeansthefundsgeneratedfromthesaleofthePIDBonds. PIDDocumentsmeans, collectively, the-PIDResolution, theServiceandAssessmentPlan, andtheAssessmentOrdinance(s). PIDFinancialSummarymeansthedocumentattachedtothisAgreementas ExhibitK, whichsummarizesfinancialdatarelatedtothePIDandTIRZ. PIDProie meansallwater, wastewater/sewer, drainage, roadway, park, trail, landscape, irriationhardscae, and otherimprovementsallowableunderthePIDActandbenefttingandgpnecessary toservetheDevelopment, includingthoseidentifiedinthePIDDocumentsandoutlinedin ExhibitD. PID Pro' ectsCostmeanstheactualcostofdesign, engineering, construction, acquisition, and/ orinspectionofthePID Projects, alongwithAdministrativeExpensesassociatedwiththePID. ANACAPRI DEVELOPMENT AGREEMENT PAGE 7 PID ReimbursementAgreementmeans an agreementby and betweentheCityand Developerby whichthe Partiesestablishthe termsby whichDevelopermay obtain reimbursementsforPIDProjectsthroughthePIDBondProceedsorAssessments. PID Resolutionmeans theresolutionandimprovementorderadoptedby theCouncil creatingthePID(s) pursuanttoSection372.010ofthePIDActandapprovingtheadvisabilityoftheAuthorizedImprovements. PublicInfrastructuremeansallwater, wastewater/sewer, drainage, roadway, walkingandgolfcartpathsandtrails, andotherinfrastructurenecessarytoservethefulldevelopmentofthe Propertyand/ortobe constructedand dedicatedtotheCityunderthisAgreement. The term includeswithoutlimitationthePIDProjects. PrivateImprovementsmeanstheimprovementsandamenitiesDevelopershallcausetobe constructed, as more particularlydiscussedinSection8.1 and describedand/or depictedin ExhibitDandExhibitGandincludingtheLagunaanditsrelatedfacilities, whichshallinclude butnotbelimitedtotheEntertainmentCommercialBuildingandtheRestaurant. RealProperivRecordsofCollinCountymeanstheofficiallandrecordingsoftheCollin CountyClerk's Office. Restaurantmeans a diningeaterywitha minimum4,000 squarefeetofcombined indoor/outdoorseatingarea, butnotlessthan2,000squarefeetofindoorseatingspace. RefundingBonds means bonds issuedpursuantto Section372.027, Texas Local GovernmentCode. SchoolSitemeansa tractoflandofatleast9.4 acresthatdeveloperisrequiredunderthis AgreementtodedicateinfeesimpletotheAISD, or, ifrequiredbytheCity, totheCity. ServiceandAssessmentPlan ("SAP") meanstheServiceandAssessmentPlanforthePID, tobeupdated, adoptedandamendedannually, ifneeded, bytheCityCouncilpursuanttothePID ActforthepurposeofassessingallocatedcostsagainstportionsofthePropertylocatedwithinthe boundariesofthePIDhavingterms, provisions, andfindingsapprovedbytheCity, asrequiredby thisAgreement. TaxableItemsmeanstheitemsandservicesidentifiedinSections151.010and 151.0101, TexasTaxCode, asamended, andasrelatestotheChapter380Agreement. TexasDirectPaymentPermitshallmean thatpermitissuedby theStateofTexas authorizingDevelopertoself -assessandpayapplicablestateandlocalusetaxesdirectlytothe StateofTexasrelatedtoselectedportionsofDeveloper's taxablepurchasesunder34TAC § 3.288 oftheTexasAdministrativeCode. TIRZmeanseachtaxincrementreinvestmentzonecreatedundertheTIRZActandlocated withintheProperty. TIRZActmeansChapter311oftheTexasTaxCode, as amended. ANACAPRIDEVELOPMENTAGREEMENT PAGE 8 TIRZDocumentsmeanstheTIRZprojectandfinanceplan, andtheTIRZOrdinance. TIRZFundmeansthefundsetup bytheCityinordertoreceivetheTIRZrevenuesin accordancewiththisAgreement, theTIRZDocumentsandstatelaw. TIRZOrdinancemeans theCityOrdinanceby theCityCouncilestablishingaTIRZ pursuantto Chapter amendmentsthereto. 311, TexasTax Code, and any subsequentordinanceseffectuating TIRZProjectsmeans ,thoseprojectsdescribedintheTIRZProjectandFinancePlantobe undertakenbytheTIRZ. TIRZProjectandFinancePlanmeans theprojectand financeplanfortheTIRZ, as amendedfromtimetotime. UseTaxReceiptsmeantheCity's netreceiptsfromtheStateofTexasfromthecollection ofonepercent (1.0%) generalCityusetaximposedbytheCitypursuanttoChapter321 ofthe TexasTaxCode, attributedtothecollectionofusetaxbyDeveloperassociatedwith'theissuance ofDeveloper's TexasDirectPaymentforTaxableItemsusedorconsumedintheCity. SECTION3 PUBLICIMPROVEMENTDISTRICT 3.1 CreationofPIDandLevyofAssessments. TheCityshallusegoodfaitheffortsto initiateandapproveallnecessarydocumentsandordinances, includingwithoutlimitationthePID Documents, requiredtoeffectuatethisAgreement, tocreatethePID(s) tocoverallsingle-family residentiallandswithintheProperty, andtolevytheAssessments. TheAssessments, ifapproved bytheCityCouncil, shallbelevied: (i) ona phase -by -phasebasisagainsttheapplicablephase(s) benefittedbytheapplicableportionofthePIDProjectsforwhichtheapplicableseriesofthePID Bondsareissuedand (ii) priortothesaleofanylottoan EndUser. TheCitywillselectaPID AdministratorandtheCityCouncilwillconsiderapprovalofthePreliminarySAP, whichshall includethePIDProjectsandprovideforthelevyoftheAssessmentsontheProperly. Promptly followingpreparationandapprovalofa preliminarySAPacceptabletoDeveloperandtheCity andsubjecttotheCityCouncilmakingfindingsthatthePIDProjectsconferaspecialbenefiton theProperty, theCityCouncilshallconsideranAssessmentOrdinance. 3.2 AcceptanceofAssessmentsandRecordationofCovenantsRunningwiththeLand. FollowingthelevyoftheAssessmentapplicabletoaparticularphaseoftheDevelopment, DevelopershallapproveandacceptinwritingthelevyoftheAssessment(s) on suchphaseand shallapproveandacceptinwritingtheHomeBuyerDisclosureProgramrelatedtosuchphaseand shallcausecovenantsrunningwiththelandtobe recordedagainsttheportionoftheProperty withintheapplicablephaseoftheDevelopment, whichwillbindanyandallcurrentandsuccessor developersandownerswithintheapplicablephaseoftheDevelopmentto: (i) paytheAssessments, withapplicableinterestandpenaltiesthereon, as andwhendue andpayablehereunderandtake theirtitlesubjecttoandexpresslyassumethetermsandprovisionsofsuchassessmentsandthe lienscreatedthereby; and (ii) complywiththeHome BuyerDisclosureProgram. 3.3 CityPIDFeesandLawunaEscrow. ANACAPRIDEVELOPMENTAGREEMENT PAGE 9 a) PaymentofCityPIDFee. TheCityPIDFeetobeassessedandcollectedbytheCitywithintheDevelopmentis $3,400perlot. HalfoftheCityPIDFee ($1,700perlot) shallbe assessedandcollectedsimultaneouslywiththeclosingofeachseriesofPIDBondsissuedunder thisAgreement. Simultaneouswitheachsuchclosing, DevelopershallpaytheCity $1,700for eachlotcoveredbytheparticularPIDBondissuance. TheotherhalfoftheCityPIDFeeshallbegovernedinaccordancewithsubsection (b), below. b)LagunaCompletionEscrow. AtthetimeofcreationofthePID, theDeveloper shalldepositwiththeCitytheamountof $2,106,300representingtheotherhalfoftheCityPIDFee ($1,700persinglefamilylottimes1,239 lots), whichfundsshallbeheldbytheCity, inescrow, segregatedfrom allotherCityfunds (the "LagunaunaCompletionEscrow"). IftheLagunaisopen andfullyoperatingundera dulyissuedCertificateofOccupancywithin24monthsofthecreation ofthePID, then, atthetimetheCityissuestheCertificateofOccupancy, theCitywillreleasethefullamountoftheLagunaCompletionEscrowtoDeveloper. TheCityshallnotunreasonablywithhold, condition, ordelaytheissuanceoftheCertificateofOccupancy. Developershallbe entitledtotwosequentialsix-monthextensions, ifrequestedinwritingpriortotheexpirationofthe24-monthtermorfirst6monthextension, forthecompletionoftheLaguna. IftheLagunais notopenandfullyoperatingundera dulyissuedCertificateofOccupancywithinsaid24 months, asmaybeextendedbythe6-monthextensions, thentheCityshallbeentitledtopermanentlyretainandutilizethefullamountoftheLagunaCompletionEscrowforanylawfulpurposeintheCity's solediscretion. 3.4 MandatoryAssessmentPrepayment. Inadditiontootherwisebeingboundby all requirementsandprovisionsoftheServiceandAssessmentPlan, DeveloperoranysubsequentownershallberequiredtomakeallMandatoryAssessmentPrepayment(s) thatmay becomedue undertheServiceandAssessmentPlan. MandatoryAssessmentPrepayment(s) shallbecomedue foranypartofthePropertythatfallsunderanyofthefollowingcircumstances: 1) Ifaparcelorportionthereofonwhichan Assessmenthasbeenlevied becomesNon -BenefitedPropertythrough (i) a transfertoa party (otherthantheCity) thatis exemptfromthepaymentoftheAssessmentunderapplicablelaw, or (ii) anyothermeans; 2) IfthereallocationoftheAssessmentfora subdividedParcelresultsin anAssessmentthatexceedstheAssessmentorsum ofAssessmentsfortheapplicableLotType; 3) IfthereallocationofanAssessmentfora parcelthatisa homestead underTexaslawexceedstheAssessmentpriortothereallocation; or 4) Ifatanytimefollowingeighteen (18) monthsaftertheinitiallevyof assessmentsona particularphase, theaggregateactualbuildouttaxableassessedvalueorthe projectedaveragehomepriceperLotTypeforsaidphase, asreflectedinanIndependentAppraisal preparedattherequestoftheCity, islessthanninety-threepercent (93.00%) oftheapplicable projectedamountshownintheServiceandAssessmentPlan. Intheeventofanoccurrenceunder thisSection3.4(4), Developeroranysubsequentownershallbe requiredtoprepayonlythedifferenceinAssessmentassociatedwiththeassessedvaluethatfallsbelow95.00% (e.g., ifthe aggregateactualbuildouttaxableassessedvalueorprojectedaveragehomepriceperLotTypefor thephase, asreflectedintheIndependentAppraisal, is91.00% oftheapplicableprojectedamount ANACAPRIDEVELOPMENT AGREEMENT PAGE 10 shownintheServiceandAssessmentPlan, thenDeveloperorsubsequentownershallberequired toprepaytheAssessmentsassociatedwiththe2.00% differenceinvalue). AllMandatoryPrepaymentsthatbecomedue underthisAgreementand/ortheServiceand AssessmentPlanshallbepaidtotheCitywithin30daysafterthedatethattheCitydeliversnotice toDeveloperoranysubsequentownerthataMandatoryPrepaymentisdue. IftheCitydoesnot timelyreceivethefullamountofanyMandatoryPrepaymentthatmaybecomedue, theCitymay withholdbuildingpermits, certificatesofoccupancy, and/orutilitiesastoanypartoftheProperty associatedwiththecauseoftheMandatoryPrepaymentbecomingdue. 3. 5 NoticeofMandatoryPrepaymentinSalesContract. Aspertainstoallcontract(s) under whichDevelopersellsalloranypartoftheProperty ("SalesContracts)") wherealloranypartof thePropertybeingsoldcouldbe subjecttoa levyofan AssessmentunderthisAgreement, such SalesContract(s) shallcontainaprovisionthatstatesas shownintheitalicizedtextimmediately below: ThePartiestothisAgreementunderstandthatalloranypartoftherealproperty beingsoldandpurchasedhereunderis subjectto thatcertainAnacapri DevelopmentAgreementthatrunswiththe landandcontainsthefollowing provisionwhichshallapplytoandbeenforceableasagainstanyownerofanypart ofsaidrealproperty (saidprovisionbeingapartofthisAgreement, whichcannot be amended, modified, rescinded, deletedorotherwisechangedwithoutthewritten consentoftheCityofAnna, Texas): `MandatoryAssessmentPrepayment. In additiontootherwisebeingboundbyallrequirementsandprovisionsoftheService andAssessmentPlan, Developeroranysubsequentownershallbe requiredto make allMandatoryAssessmentPrepayments) thatmay becomedue underthe ServiceandAssessmentPlan. MandatoryAssessmentPrepayments) shallbecome dueforanypartofthePropertythatfallsunderanyofthefollowingcircumstances: a) Ifaparcelorportionthereofonwhichan Assessmenthasbeenlevied becomesNon -BenefitedPropertythrough (i) a transfertoaparty (other thantheCityofAnna, Texas) thatisexemptfromthepaymentofthe Assessmentunderapplicablelaw, or (ii) anyothermeans; b) IfthereallocationoftheAssessmentforasubdividedParcelresultsinan AssessmentthatexceedstheAssessmentorsum ofAssessmentsforthe applicableLotType; c) IfthereallocationofanAssessmentforaParcelthatisa homesteadunder TexaslawexceedstheAssessmentpriortothereallocation; or d) Ifatany timefollowingeighteen (18) monthsaftertheinitiallevyof assessmentsonanyPhaseoftheAnacapriPublicImprovementDistract, the aggregateactualbuildouttaxableassessedvalueortheprojectedaverage home priceperLotTypeforsaidphase, as reflectedinan Independent AppraisalpreparedattherequestoftheCity, islessthanninety-three ANACA.PRIDEVELOPMENTAGREEMENT PAGE 11 percent (93. 00%) oftheapplicableprojectedamountshownintheService andAssessmentPlan. AllMandatoryPrepaymentsthatbecomedue underthisAgreementandlorthe ServiceandAssessmentPlanshallbepaidtotheCitywithin30daysafterthedate thattheCitydeliversnoticeto Developeror anysubsequentowner thata MandatoryPrepaymentisdue. IftheCitydoesnottimelyreceivethefullamountofanyMandatoryPrepaymentthatmaybecomedue, theCitymay withhold buildingpermits, certificatesofoccupancyand/orutilitiesastoanypartofthe PropertyassociatedwiththecauseoftheMandatoryPrepaymentbecomingdue. " SECTION4 PIDBONDS 4.1 PIDBondIssuance. Developermay requestissuanceofPIDBondsbyfilingwiththeCityalistofthePIDProjectstobefundedoracquiredwiththePIDBondProceedsandthe estimatedoractualcostsofsuchPIDProjects. DeveloperacknowledgesthattheCitymayrequireatthattimeaprofessionalservicesagreementthatobligatesDevelopertofundthecostsofthe City's professionalsrelatingtothepreparationforandissuanceofPIDBonds, whichamountshall be agreedtobythePartiesandconsideredacostpayablefromsuchPIDBondProceeds. The issuanceofeachseriesofPIDBondsissubjecttothefollowingconditions: a) theadoptionoramendmentoftheServiceand AssessmentPlanand an AssessmentOrdinancelevyingassessmentsonalloranyportionofthePropertybenefittedbyPIDProjectsinamountssufficienttopayallcostsrelatedtothePIDBonds; b) ifrequestedbytheCity, deliverybyDevelopertotheCityofa certificationor otherevidencefromanindependentappraiserconfirmingthevalueoftheproperlyandthatthespecialbenefitsconferredonthepropertiesbeingassessedforthePIDProjectsincreasethevalue ofthepropertybyanamountatleastequaltotheamountassessedagainstsuchproperty; c) approvalbytheTexasAttorneyGeneralofthePIDBondsandregistrationof thePIDBondsbytheComptrollerofPublicAccountsoftheStateofTexas; d) Developeriscurrenton alltaxesand assessments, includingpaymentof Assessments; e) DeveloperisnotinmaterialdefaultunderthisAgreement; f) no outstandingPIDBondsareindefaultandnoreservefundshavebeendrawn uponthathavenotbeenreplenished; g)thePIDAdministratorhascertifiedthatthespecifiedportionsofthecostsofthePIDProjectstobepaidfromPIDBondProceedsareeligibletobepaidtherewith, suchapproval nottobe unreasonablywithheld, conditionedordelayeduponpresentationofacertificatein compliancewiththeapplicableIndenture; ANACAPRIDEVELOPMENT AGREEMENT PAGE 12 h) thePID Projectstobe financedbythePID Bondshavebeenconstructed accordingtotheDevelopmentStandards; i) themaximummaturityforPIDBondsshallnotexceed30 yearsfromthedate ofdeliverythereof; j) thefinalmaturityforanyPIDBondsshallbenotlaterthan45yearsfromthe dateofthisAgreement; k)no informationregardingtheCity, includingwithoutlimitationfinancial information, shallbeincludedinanyofferingdocumentrelatingtoPIDBondswithouttheconsent oftheCity; 1) simultaneouswithclosingthePIDBonds, Developershalleither (i) fundor causethefundingofor (ii) provideevidenceoffinancialsecuritysufficienttofundtheAuthorized ImprovementstotheextentthattheAuthorizedImprovementshavenotalreadybeencompleted and paidforto the eventthatthePID Bondsare insufficienttofundsuchAuthorized Improvements; m) Developeragreestoprovideperiodicinformationandnoticesofmaterial eventsregardingDeveloperand Developer's developmentofthePropertywithinthePID in accordancewithSecuritiesand ExchangeCommissionRule15c2-12 and any Developer ContinuingDisclosureAgreement; n) UnlessotherwiseagreedtobytheCity, thevaluetolienratioshallnotbe less than2:1. The appraisedvalueoftheportionofthePropertyintheapplicablephasetothepar amountofPIDBondsissuedwithrespecttosuchphaseshallbeconfirmedbyanappraisalfroma licensedMAIappraiser; o)themaximumtaxequivalentassessmentratefortheassessmentlevyshallnot exceed $0.9348per $100.00tableassessedvaluation, withoutprior, writtenconsentoftheCity, initssolediscretion. p) Developerisnotin defaultunder a DeveloperContinuingDisclosure Agreement; q) fortheissuanceofanyRefundingBonds, theamountofassessmentnecessary topaytheRefundingBondsshallnotexceedtheamountoftheassessmentsthatwereleviedto paythePIDBondsthatarebeingrefunded; r) theCity's consultingengineerdeterminesthatthePIDProjectsCostshownon ExhibitD. as updatedandamended, arereasonable. 4.2 DisclosureInformation. PriortotheissuanceofPIDBondsbytheCity, Developer agreestoprovideallrelevantinformation, includingfinancialinformationthatisreasonably necessaryinordertoprovidepotentialbondinvestorswithatrueandaccurateofferingdocument forthosePIDBonds. Developeragrees, represents, andwarrantsthatanyinformationprovidedby Developerforinclusioninadisclosuredocumentforan issueofPIDBondswillnotcontainany ANACAPRIDEVELOPMENTAGREEMENT PAGE 13 untruestatementofa materialfactoromitanystatementofmaterialfactrequired .tobe stated htofthecircumstancesunderwhichthereinornecessarytomakethestatementsmadetherein, inlight h theyweremade, notmisleading, andDeveloperfurtheragreesthatitwillprovideacertificationtosucheffectasofthedateoftheclosingofanyPIDBonds. 4.3 QualifiedTax -ExemptStatus. a)IssuanceofPIDBondsPriortoCityObliations. 1) IntheeventtheCityissuesPIDBondspriortotheissuanceofCityObligations, theCity, withassistancefromitsfinancialadvisor, shallcalculatetheestimated AdditionalCostsbasedonthemarketconditionsastheyexistapproximatelythirty (30) dayspriortothedateofthepricingofthePIDBonds (the "EstimatedCosts"). TheEstimatedCostsarean estimateoftheincreasedcosttotheCitytoissueitsCityObligationsasnon -qualifiedtax-exempt obligations ("non-OTEO"). PromptlyfollowingthedeterminationoftheEstimatedCosts, theCityshallprovideawritteninvoicetoDeveloperinanamountequaltotheEstimatedCosts. Developer, inturn, shallremuneratetotheCitytheamountshownonsaidinvoiceonorbeforetheearlierof: i) fifteen (15) businessdaysafterthedateofsaidinvoice, or (ii) five (5) businessdayspriortopricingthePIDBonds. TheCityshallnotberequiredtoapproveanycertificatesorcertificationsforpaymentpursuanttoanyPIDReimbursementAgreementuntilDeveloperhaspaidtheinvoicerelatedtothePIDBondsthenbeingissued. 2) UpontheCity's approvaloftheCityObligations, thefinancialadvisor shallcalculatetheactualAdditionalCoststotheCityofissuingitsCityObligationsasnon-QTEO. TheCitywill, withinfive (5) businessdaysoftheissuanceoftheCityObligations, providewrittennoticetoDeveloperoftheamountoftheAdditionalCosts. IntheeventtheAdditionalCostsare lessthantheEstimatedCosts, theCitywillrefundtoDeveloperthedifferencebetweentheAdditionalCostsandtheEstimatedCostswithinfifteen (15) businessdaysofthedateoftheCity's noticetoDeveloperrequiredunderthisparagraph. IftheAdditionalCostsaremorethantheEstimatedCosts, DeveloperwillpaytotheCitythedifferencebetweentheAdditionalCostsandtheEstimatedCostswithinfifteen (15) businessdaysofthedateoftheCity's noticerequiredunder thisparagraph. b) IssuanceofCityObligationsPriortoPIDBonds. 1) IntheeventtheCityissuesCityObligationspriortotheissuanceofPIDBonds, theCity, withassistancefromthefinancialadvisor, shallcalculatetheEstimatedCostsbasedonthemarketconditionsastheyexistapproximatelytwenty (20) dayspriortothedateofthepricingoftheCityObligations. PromptlyfollowingthedeterminationoftheEstimatedCosts, theCityshallprovideawritteninvoicetoDeveloper: (1) inan amountequaltotheEstimatedCosts, and (2) thatincludesthepricingdateforsuchCityObligations. Developer, inturn, shall remuneratetotheCitytheamountshownonsaidinvoiceatleastfive (5) dayspriortothepricingdateindicatedontheinvoice. IfDeveloperfailstopaytheEstimatedCostsasrequiredunderthis paragraph, theCity, atitsoption, may electtodesignatetheCityObligationsasQTEO, andthe CityshallnotberequiredtoissueanyPIDBondsinsuchcalendaryear. ANACAPRIDEVELOPMENTAGREEMENT PAGE 14 2) UpontheCity's approvaloftheCityObligations, thefinancialadvisor shallcalculatetheactualAdditionalCoststotheCityofissuingnon-QTEO CityObligations. The Citywill, withinfive (5) businessdaysoftheissuanceoftheCityObligations, providewritten noticetoDeveloperoftheAdditionalCosts. IntheeventtheAdditionalCostsarelessthanthe EstimatedCosts, theCitywillrefundtoDeveloperthedifferencebetweentheAdditionalCosts andtheEstimatedCostswithinfifteen (15) businessdaysofthedateoftheCity's noticeto Developer. IftheAdditionalCostsaremorethantheEstimatedCosts, Developerwillpaytothe CitythedifferencebetweentheAdditionalCostsand theEstimatedCostswithinfifteen 15) businessdaysofthedateoftheCity's notice. c) To theextentanydeveloper(s) orpropertyowner(s) (includingDeveloper, as applicable) has (have) paidAdditionalCostsforanyparticularcalendaryear, anysuchAdditional Costspaidsubsequentlybyadeveloperorpropertyowner (includingDeveloper, asapplicable) to theCityapplicabletothesame calendaryearshallbe reimbursedbytheCitytothedeveloper(s) orpropertyowner(s) (includingDeveloper, as applicable) asnecessarysoastoputalldevelopers andpropertyowners (includingDeveloper, ifapplicable) sopayingforthesamecalendaryearin theproportionsetforthinsubsection (Q), below, saidreimbursementtobemadebytheCitywithin fifteen (15) businessdaysafteritsreceiptofsuchsubsequentpaymentsofsuchAdditionalCosts. d) TheCityshallchargeAdditionalCostsattributabletoanyotherdeveloperor propertyowneronwhosebehalftheCityhasissueddebtinthesamemannerasdescribedinthis section, andDevelopershallonlybe liableforitsportionoftheAdditionalCostsunderthis provision, andifanyAdditionalCostsinexcessofDeveloper's portionhasalreadybeenpaidto theCityunderthisprovision, thensuch ,excessofAdditionalCostsshallbe reimbursedto Developer. Theportionowedby Developershallbe determinedbydividingthetotalproceeds fromanydebtissuedon behalfofDeveloperinsuchcalendaryearbythetotalproceedsfromany debtissuedbytheCityforthebenefitofalldevelopers (includingDeveloper) insuchcalendar year. 4.4Tax Certificate. If, inconnectionwiththeissuanceofthePIDBonds, theCityis requiredtodeliveracertificateastotaxexemption (a "TaxCertificate") tosatisfyrequirementsof theInternalRevenueCode, Developeragreestoprovide, orcausetobeprovided, suchfactsand estimatesastheCityreasonablyconsidersnecessarytoenableittoexecuteanddeliveritsTax Certificate. Developerrepresentsthatsuchfactsandestimateswillbe basedon itsreasonable expectationsonthedateofissuanceofthePIDBondsandwillbe, tothebestoftheknowledgeof theofficersofDeveloperprovidingsuchfactsandestimates, true, correctandcompleteas ofsuch date. TotheeventthatitexercisescontrolordirectionovertheuseorinvestmentofthePIDBond Proceeds, including, butnotlimitedto, theuseoftheAuthorizedImprovements, Developerfurther agreesthatitwillnotknowinglymake, orpermittobemade, anyuseorinvestmentofsuchfunds thatwouldcauseanyofthecovenantsoragreementsoftheCitycontainedina TaxCertificateto beviolatedorthatwouldotherwisehaveanadverseeffectonthetax-exemptstatusoftheinterest payableonthePIDBondsforfederalincometaxpurposes. ANACAPRIDEVELOPMENTAGREEMENT PAGE 15 SECTION5 TIRZ 5.1 TaxIncrementReinvestmentZone(s). AtthetimeofexecutionofthisAgreement, the CityshallexerciseitspowersundertheTIRZActand createone or more TIRZforthe development. TheTIRZmaycontainthreeseparatepaymentareas, onecoveringthesingle-familyportionoftheProperty, one coveringthemulti -familyportionoftheProperty, andone coveringthecommercialportionoftheProperty. TheCityintendstodedicate (i) overthesinglefamilyresidentiallandswithintheProperty, fiftypercent (50%) oftheCity's taxincrement (netof AdministrativeExpenses) attributabletoaTIRZ, basedon theCity's taxrateeachyear (the ResidentialIncrement"), and (ii) overthecommercialandmultifamilylandswithintheProperty, seventypercent (70%) oftheCity's taxincrement (netofAdministrativeExpenses) attributableto a TIRZ, basedon theCity's taxrateeachyear (the "CommercialIncrement"). TheResidential Incrementshallbeused (i) tooff -setor. paya portionofanyAssessmentsleviedonthePropertywithinaTIRZandPIDforthecostsofcapitalimprovementsthatareAuthorizedImprovements andqualifyasprojectsundertheTIRZAct; and (ii) inanymannerauthorizedbytheTIRZAct. The CommercialIncrementshallbe used (i) tofundnecessaryPublicInfrastructureforthe commercialandmultifamilylandswithintheProperty; and (ii) inanymannerauthorizedbytheTIRZAct. 5.2 TIRZFund. InaccordancewiththeTIRZProjectand FinancePlan, theCity's collectedrevenuefromitstaxincrementobtainedfromthePropertyineachphaseshallbeplacedintoaTIRZFund(s), a separatefundwhichhasbeenorshallbecreatedbytheCity. Itisanticipated thatthemoniesintheTIRZFund(s) shallbe distributedinaccordancewiththeTIRZProjectandFinancePlanto (i) inthecaseoftheResidentialIncrement, lowertheAssessmentsofAssessedPropertyowners, onanannualbasis, and (ii) inthecaseoftheCommercialIncrement, providereimbursementfornecessarypublicinfrastructureinthecommercialandmultifamilylandswithin theproperty. TheResidentialIncrementandtheCommercialIncrementshallbeplacedinseparate accountswithintheTIRZFundandshallnotbecomingled. 5.3 TIRZandEconomicDevelopmentProjects. ThePartiesagreeandacknowledgethat thededicationoftheResidentialIncrementandCommercialIncrementisessentialtoDeveloper'sfundingofcertainamenitiescontemplatedhereunderthatwilldriveeconomicdevelopmentwithin theCity, and, butfortheremittanceofsuchTIRZincrement, theconstructionoftheamenitiesandfeaturescontemplatedhereinwouldnotbefeasible. 5.4 Chapter380Agreement. SimultaneouslywiththeclosingofthefirstPIDBondsissuedunderthisAgreementorupontheCity's firstassessmentandcollectionofAssessments, whichever occursearlier, DeveloperandtheCityshallenterintotheChapter380Agreement. TheChapter 380A o pAgreementwillprovideforarebateof35 /o ofUseTaxReceiptstoDeveloper. SECTION6 AUTHORIZEDIMPROVEMENTS 6.1 AuthorizedImprovements. The AuthorizedImprovementsand AuthorizedImprovementsCostaresubjecttochangeandshallbeupdatedbytheCityconsistentwiththeServiceandAssessmentPlanandthePIDAct. AllapprovedfinalplatswithintheDevelopment ANACAPRIDEVELOPMENTAGREEMENT PAGE 16 shallincludethoseAuthorizedImprovementslocatedtherein, savelandscapingandsuchother AuthorizedImprovementsasarenottypicallyincludedinplats, andtherespectiveAuthorized ImprovementsCostshallbefinalizedatthetimetheapplicablefinalplatisapprovedbytheCity Council. DevelopershallincludeanyupdatedBudgetedCost(s) witheachfinalplatapplication thatshallbe submittedtotheCityCouncilforconsiderationandapprovalconcurrentlywiththe submissionofeachfinalplat. UponapprovalbytheCityCouncilofanysuchupdatedBudgeted Cost(s), thisAgreementshallbe deemedamendedtoincludesuchapprovedupdatedBudgeted Cost(s) inExhibitD. TheBudgetedCosts, AuthorizedImprovementsCost, andthetimetablefor installationoftheAuthorizedImprovementswillbereviewedatleastannuallybythePartiesinan annualupdateoftheServiceandAssessmentPlanadoptedandapprovedbytheCity. 6.2 Construction, Ownership, andTransferofAuthorizedImprovements. a) ContractSpecifications. Developer's engineersshallprepare, or cause the preparationof, andprovidetheCitywithcontractspecificationsandnecessaryrelateddocuments fortheAuthorizedImprovements. b) ConstructionStandards, InspectionsandFees. Exceptas otherwiseexpressly setforthinthisAgreement, theAuthorizedImprovementsand allotherPublicInfrastructure requiredforthedevelopmentofthePropertyshallbeconstructedandinspectedinaccordancewith thisAgreement, theCityRegulations, and anyothergoverningbodyorentitywithjurisdiction overtheAuthorizedImprovements. c) ConstructionofImprovements. Developeragrees to cause allPublic Infrastructuretobeconstructedinagoodandworkmanlikemanner. Uponrequest, theCityshall provide "tax-exempt" letterstoDeveloperforusebyallcontractors, subcontractors, andsuppliers installingPublicInfrastructurewithintheProperty. d) ContractLetting. The PartiesunderstandthatconstructionoftheAuthorized Improvementstobe fundedthroughAssessmentsarelegallyexemptfromcompetitivebidding requirementspursuanttotheTexasLocalGovernmentCode. ThePartiesacknowledgethat, as of theEffectiveDate, theconstructioncontractsfortheconstructionofAuthorizedImprovements havenotbeenawardedandcontractpriceshavenotyetbeendetermined. Beforeenteringintoany constructioncontractfortheconstructionofalloranypartoftheAuthorizedImprovements, Developer's engineersshallprepare, orcausethepreparationof, andsubmittotheCityallcontract specificationsandnecessaryrelateddocuments, includingthecontractproposalshowingthe negotiatedtotalcontractpriceandscopeofwork. e) Ownership. AlloftheAuthorizedImprovementsandPublicInfrastructureshall be ownedbytheCityuponacceptanceofthembytheCity. Developeragreestotakeanyaction reasonablyrequiredbytheCitytotransfer, convey, orotherwisededicateorensurethededication ofland, right-of-way, oreasementsfortheAuthorizedImprovementsandPublicInfrastructureto theCityandthepublic. ThePartiesunderstandthatPIDBondProceedsand/ortheproceeds ,from PIDAssessmentswillbeusedtoreimburseDeveloperforPIDProjectsCostrelatedtothePID Projectsand, intheeventPIDBondProceedsand/orproceedsfromPIDAssessmentsarenot availableatthetimethatallora portionofthePIDProjectsaresubstantiallycompleteandthe CityisreadytoacceptsaidPIDProjectsorportionthereof, PIDBondProceedsand/orproceeds ANACAPRI DEVELOPMENT AGREEMENT PAGE 17 fromPIDAssessments, onceavailable, willbeusedtoreimburseDeveloperforsaidPIDProjects CostfollowingacceptancebytheCity. 6.3 OperationandMaintenance. a) Uponinspection, approval, andacceptanceoftheAuthorizedImprovementsor anyportionthereof, theCityshallmaintainandoperatetheacceptedPublicInfrastructureand provideretailwaterandsewerservicetotheProperty. b)Upon finalinspection, approval, and acceptanceoftheroadwayAuthorized ImprovementsrequiredunderthisAgreementoranyportionthereof, theCityshallmaintainand operatethepublicroadwaysanddrainageimprovements. c)The HOA shallmaintainandoperateanyopenspaces, naturetrails, amenity centers, commonareas, landscaping, screeningwalls, Developmentsignage, and anyother commonimprovementsorappurtenanceswithinthePropertythatarenotmaintainedoroperated bytheCity. 6.4 waterFacilities. a)Developer's GeneralObligations. Developeris responsiblefordesign, installation, and constructionofallwaterimprovementsnecessarytoservetheProperty. The designofwaterimprovementsshallbe approvedby theCitypromptlyand inadvanceofthe constrictionofsame. SubjecttotheCity's obligationsunderSection8.14, Developershallbe responsiblefortheacquisitionofanyeasementsandotherpropertyacquisitionsnecessaryfor waterfacilitiesforalldevelopmentuponandwithintheDevelopmentandtheProperty. Allcosts ofobtainingsucheasementsmaybeincludedintheapplicableAuthorizedImprovementCostsas permittedbystatutetobereimbursedtotheDeveloperthroughthePID. b)TimingofGeneralObligations. Exceptasotherwiseprovidedherein, Developer shallcompleteallwaterfacilityimprovementsnecessarytoserveeachphaseoftheDevelopment priortoorsubstantiallyconcurrentwiththerecordationofthefinalplatcoveringsuchphase. 6.5 wastewater/SanitarySewerFacilities. a) Exceptasotherwiseprovidedhereinincludingsubsection (b) below, Developer isresponsibleforthedesign, installation, and constructionofallwastewater/sanitarysewer improvementsnecessarytoservetheProperty. The designofallwastewater/sanitarysewer improvementsshallbeapprovedbytheCityinadvanceoftheconstructionofsame. Subjecttothe City's obligationsunderSection8.14, Developershallbe responsiblefortheacquisitionofany easementsand otherpropertyacquisitionsnecessaryforwastewater/sewerfacilitiesforall Development. AllcostsofobtainingsucheasementsmaybeincludedintheapplicableAuthorized ImprovementCostsaspermittedbystatutetobereimbursedtotheDeveloperthroughthePID. b)TheCityandDeveloperacknowledgethattheCityiscurrentlyinthedesign phaseforthesewerextensiontotheProperty (the "SewerSystemExtension"). TheCityagreestoallowDevelopertocompletethedesignofandtoconstructsuchSewerSystemExtension, subject totheCity's obligationtoprovidenecessaryeasementsas setforthinSection8.14. Uponfull ANACAPRIDEVELOPMENT AGREEMENT PAGE 18 executionofthisAgreement, theCityshallprovidetoDevelopersuchengineeringanddesign plansas havebeen completed. Developershall, atitsown expense, completeor cause the completionoftheengineeringanddesignoftheSewerSystemExtension, whichdesignshallbe presentedtotheCityforreviewandapproval. Developershallbe responsibleforthefundingof theconstructionoftheSewerSystemExtension, subjecttothewaiverofsewerImpactFeesset forthhereinand to Section9.2(b). Publicbiddingproceduresshallnotbe requiredforthe constructionoftheSewerSystemExtension, and anytreemitigationfeesorchargesshallbe waivedbytheCity. c) TheCityandDeveloperagreeandacknowledgethatwhileexistingwastewater tapsand/orstub -outsarepresentatorneartheProperty, ithasnotbeendeterminedwhethersuch existingtapsare sufficienttoprovidewastewatertreatmentservicesto Phase 1 ofthe Development. Shouldtheexistingtapsand/or stub -outsprovetobe insufficienttoprovide wastewatertreatmentservicetoPhase1 oftheDevelopment, Developermay, atitsownoption, design, acquire, and/orconstructsuchoffsitewastewaterservicefacilitiesasarenecessaryto guaranteethattheCitycantimelyprovidewastewatertreatmentservicestoPhase1. Anysuch design, acquisition, orconstructionshallbeattheCity's costandexpense, orshallotherwisebe reimbursedtoDeveloperthroughsuchfundsas havenotbeendedicatedtoDeveloperandthe DevelopmentelsewhereinthisAgreement. 6.6 WaterandwastewaterServices. a) TheCityrepresentsandconfirmsthatitcurrentlyhasandshallcontinuetohave the capacityto provideto thePropertywithcontinuousand adequateretailwaterand wastewater/sanitarysewerserviceattimesandinamountssufficienttomeettheservicedemands oftheDevelopmentandthePropertyasthePropertyisdeveloped. b) UponacceptancebytheCityofthewaterandwastewaterfacilitiesdescribed herein, theCityshalloperateorcausetobeoperatedsaidwaterandwastewaterfacilitiesserving theDevelopmentandthePropertyandusethemtoprovideservicetoallcustomerswithinthe DevelopmentatthesameratesassimilarprojectslocatedwithintheCityandthePropertyandas otherwiserequiredbyStatelawas theholderofthecertificateofconvenienceandnecessity coveringtheProperty. UponacceptancebytheCity, theCityshallatalltimesmaintainsaidwater andwastewaterfacilities, orcausethesametobemaintained, ingoodconditionandworkingorder incompliancewithallapplicablelawsandordinancesand allapplicableregulations, rules, policies, standards, andordersofanygovernmentalentitywithjurisdictionoversame. c) To theextentthatwastewatertreatmentserviceisrequiredwithintheProperty priortothecompletionofthewastewaterimprovementscontemplatedherein, includingtheSewer SystemExtension, theCityagrees (i) toprovide, atDeveloper's expense, or (ii) toallowDeveloper toprovide, "pumpandhaul" servicewithintheProperty, includingtotheLaguna, andallrelated improvementsand amenities, ifand inthemanner allowedunderapplicablelaw, including applicableregulationsoftheTexasCommissiononEnvironmentalQuality, ortomakesuchother arrangementsasarecompatiblewithapplicablelawandregulationsinordertoadequatelyprovide and addressnecessarywastewatertreatmentservicesuntilthecompletionofthewastewater serviceimprovements. TheCityshallnotwithholdplatorplanapprovalsorrefusetoissuebuilding ANACAPRIDEVELOPMENTAGREEMENT PAGE 19 permitsduetothetimelinessoftheSewerSystemExtension, solongas DeveloperorCityhas madearrangementsforpumpandhaulorsimilarservicestotransportwastes. 6.7 RoadwayFacilitiesandRelatedImprovements. a) Developer's Obliaions. Subjecttothetermsofreimbursementhereinandsave thetermsofsubsectionUe, Developerisresponsibleforthedesign, installation, andconstruction ofallroadwayfacilitiesrequiredtoservetheProperty. Thedesignofallroadwayimprovements shallbereviewedbyCityinaccordancewithCityRegulations. b)TimingofDeveloper's Obliations. PriortotherecordationofanyfinalplatfortheapplicablephaseoftheDevelopment, Developershallcomplete, ina goodandworkmanlike manner, constructionofallroadwayfacilitiesandrelatedimprovementsnecessarytoservesuch phaseinaccordancewithconstructionplansapprovedby theCityinaccordancewithCity Regulations. Thereafter, theroadsshallbe conveyedtotheCityforownershipandmaintenance. c)DrainaizeInfrastructure. Subjectto the termsofreimbursementherein, Developershallhavefullresponsibilityfordesigning, installing, andconstructingthedrainageinfrastructurethatwillservetheProperty. Priortotherecordationofthefinalplatforanyphaseof Development, Developershallcompleteina goodandworkmanlikemannerconstructionofthe drainageimprovementsnecessaryto servesuchphase. Upon inspectionandapprovalin accordancewithCityRegulations, CityshallmaintainandoperatethedrainageandroadwayimprovementsfortheProperty. d)FergusonParkway. 1) Developershallbe responsibleforthedesign, engineering, and constructionofonlytheeasterntwo (2) lanesofFergusonParkwayfromthesouthernboundaryof thePropertytotherightofway ofRosamondParkway, as showninExhibitF, exceptthat Developershallnotberesponsibleforthedesign, engineering, orconstructionofthewesternone- halfofFergusonParkwayabuttingtheSchoolSitediscussedinSection9.2(d). TheCityagrees thatFergusonParkwaymaybeplattedinphasesasthepropertiesadjacenttotheFergusonParkwayrightofwayareplatted. ThePartiesagreeandacknowledgethattheabilityoftheDeveloperto constructFergusonParkwayisdependentupontheacquisitionofeasementsaddressedinSection 6.7 d 2 below. 2) UpontheexecutionofthisAgreement, theDeveloperandtheCityshallcommenceacquisitionoftherightofwaynecessaryforFergusonParkwayandshalldiligentlyand expeditiouslypursuesuchrightofwayacquisitiontocompletionasfollows. Ifnecessary, theCityagreestouseitspowersofeminentdomaintoacquirethenecessaryeasementsandrightsofwayforFergusonParkwayinaccordancewithSection8.14, butanycostsrelatedtotheuseofeminent domainshallbe attheCity's solecostandexpense. TheCityacknowledgesthattimeisofthe essenceintheacquisitionoftherightofwaynecessaryforFergusonParkway, andtosuchaffect, theCityagreesthatexecutedrightofwaydocumentsforalloranyportionofFergusonParkwayhavenotbeenacquiredwithinsixty (60) daysoftheexecutionofthisAgreement, theCityshalluseitsbesteffortsto (i) atthenextregularCityCouncilmeeting, authorizecommencementof eminentdomainproceedings; (ii) send "initialoffers" contemplatedunderChapter21, Texas ANACAPRIDEVELOPMENT AGREEMENT PAGE 20 PropertyCode, withinthirty (30) daysofsame; (iii) send "finaloffers" contemplatedunder Chapter21, TexasPropertyCode, withinforty-five (45) daysofsame; and (iv) uponexpirationof thetimerequiredbyChapter21, TexasPropertyCode, fileapetitionforcondemnationinthe propercourtandpursuesuchproceedingstofinalization. e)RosamondParkway. The Cityshallhavetheresponsibilityforthedesign, engineering, andconstructionoftheportionofRosamondParkwayfromUS-75 totheexisting terminationatAnnaHighSchool. ItisunderstoodandacknowledgedthattheCityintendstoallow anotherthird -partydevelopertoconstructsuchportionofRosamondParkway. ThePartiesagree andacknowledgethattimeisoftheessenceinthecompletionofRosamondParkway, andtheCity shallensurethattheconstructioniscompletewithintwelve (12) monthsoftheeffectivedateof thisAgreement. To theextenttheCityallowsathird-partydevelopertoconstructRosamond Parkway, theCitywilltakeallstepsnecessarytoguaranteeitstimelycompletion, including, but notlimitedto, negotiatingcontracttermsthatallowtheCityorDeveloperstep-inrightswhen contractualmilestonesarenotmet orcontractdelaysoccurthatwouldcausecompletionof RosamondParkwaytomovebeyondtwelve (12) monthsfromtheexecutionofthisAgreement. In theeventcontractualmilestonesarenotmet, ordelaysoccurintheconstructionofRosamond Parkwaythatwouldcauseitscompletiontoexceedthetimeframessetforthherein, theCityagrees, atDeveloper's option, toeither (i) completethetimelyconstructionofRosamondParkway, atthe City's expense, or (ii) allowDevelopertocompletetheconstructionofRosamondParkwayatthe City's expense. TheCityshallsecureordedicatefundingforRosamondParkwaywithinone (1) monthoftheexecutionofthisAgreementandshallprovideDeveloperwithacopyofallcontracts andschedules, whetherenteredintobytheCityora third -partydeveloper, pertainingtothe constructionofRosamondParkwaysothatDevelopermayassessthetimelinessoftheproject. SECTION7 PAYMENT AND REIMBURSEMENTOF AUTHORIZEDE%IPROVEMENTS 7.1 PIDProjects. a) ImprovementAccountoftheProjectFund. The IAPFand theDeveloper ImprovementAccountshallbeadministeredandcontrolledbytheCity, orthetrusteebankforthe PIDBonds, andfundsintheIAPFandtheDeveloperImprovementAccountshallbe deposited anddisbursedinaccordancewiththetermsoftheIndenture. b)Tn&ni*naofExpendituresandReimbursements. ThePartiesintendthatDeveloperwill financeandundertakeconstructionofthePIDProjectsinaccordancewiththisAgreement, the SAP, orotherwise inconjunctionwiththeconstructionoftheapplicablephasesoftheDevelopment priortoseekingreimbursementfromtheIndentureAccounts. Althoughthetermsbywhich DeveloperwillbeentitledtoreimbursementfromtheIAPFandreleaseoffiendsfromtheDeveloper ImprovementAccountshallbedetailed inoneor more PID Reimbursement Agreement( s), Developer willgenerallybeentitledtothemaximum availablefundswithintheIndenture AccountsuptothePIDProjectsCost, plusinterest (interestcanbepaidoutaslongasthere aresufficientPIDProjectsCosts), followingtheCity'sacceptance ofthePIDProjects. ANACAPRI DEVELOPMENT AGREEMENT PAGE 21 c) CostOverrun. ShouldthePIDProjectsCostexceedthemaximumPIDBond ProceedsdepositedintheIAPF ("CostOverrun"), Developershallbe solelyresponsibletofundpsuchpartoftheCostOverrun, subjecttothecost-underruninsubsection (d) below. d) CostUnderrun. UpontheawardofacontractbytheDeveloperofanAuthorized ImprovementandpaymentofalloutstandinginvoicesforsuchAuthorizedImprovement, andonlyifthecostsetforthinsuchcontractislessthantheBudgetedCosts (a "CostUnderrun"), anyremainingfundsintheIAPFwillbeavailabletopayCost OverrunsonanyotherAuthorized Improvementas suchbecomedue. The CityshallpromptlyconfirmtotheTrusteethatsuch remainingamountsare availabletopay suchCostOverruns, and theCity, withinputfrom Developer, willdecidehowtousesuchmoneystosecurethepaymentandperformanceoftheworkforotherAuthorizedImprovements, ifavailable e) InfrastructureOversiz" . ThissubsectiononlyappliestoOversizedPublic Infrastructurethatisnota CapitalImprovementshownintheCity's CIP. TheDevelopershallnot berequiredtoconstructorfundanyPublicInfrastructuresothatitisoversizedtoprovideabenefittolandoutsidetheProperty ("OversizedPublicInfrastructure") unless, bythecommencementof construction, theCityhas made arrangementstofinancefromsourcesotherthanPID Bond Proceeds, orAssessments, or TIRZincrementtheCity's portionofthecostsofconstruction attributabletotheoversizingrequestedbytheCity (the "OversizedCosts"). Developershallnot be requiredtoconstructanyOversizedPublicInfrastructureifsuchoversizingwouldlengthenor otherwiseinterferewithDeveloper's developmentscheduleorresultinadditionalcoststothe Developer. IntheeventDeveloperconstructsorcausestheconstructionofanyOversizedPublicInfrastructureonbehalfoftheCity, itisunderstoodthattheCityshallbe solelyresponsibleforalltheOversizedCostsoftheOversizedPublicInfrastructurecostsandthatneitherthePIDnorthe TIRZshallnotbeutilizedforfinancingthecostsofOversizedPublicInfrastructure. Costs. f) ReimbursementofPIDProjectsCost. TheCityandDevelopershall, priortoor substantiallycontemporaneouswiththeinitiallevyofassessmentsona phase(s) oftheProperty, enterintoaPIDReimbursementAgreement (orsimilaragreement) toprovideforreimbursementtoDeveloperforPIDProjectsCostforsuchphase(s) fromthePIDBondProceedsissuedforsuch phase(s) orAssessmentsleviedon suchphase(s). FailuretoenterintoaPIDReimbursement AgreementdoesnotabsolvetheCityofpaymentorofreimbursementofPIDProjectCostsif authorizedImprovementshavebeenconveyedtotheCity. 7.2 CilyParticipation. a) factFeesandParkFees. ForthedurationofthisAgreement, ImpactFeesand parkfeesshallbe assessedatthefollowingrates: Water: $41510 / lot Sewer: $4,079 / lot Roadway: $2,715 / lot 1,683.30 / multifamilyunit ParkDevelopment: $1,500 / lot 2.5000 / multifamilyunit ANACAPRIDEVELOPMENTAGREEMENT PAGE 22 b)ImpactFee Creditsand Reimbursements. The Cityacknowledgesthat DeveloperisprovidingcertainCapitalImprovementstotheCityatthecostofDeveloper. Forany CapitalImprovementsundertakenby Developershown intheCity's CIP, includingwater, wastewater (including, specifically, theSewerSystemExtension, ifconstructedbyDeveloper), roadway, anddrainageimprovements, Developershallbeentitledtofull -dollar, like -kindImpact Fee Credits (e.g., waterimprovementcostsmay onlybeoffsetbywaterImpactFeesandnotby wastewaterImpactFees or roadwayImpactFees) forany CapitalImprovementsmade or constructedbyDeveloper, orcausedtobe constructedbyDeveloper, andconveyedtotheCity, pursuanttoChapter395, TexasLocalGovernmentCode. Specificallyincludedinthedollar -for dollarImpactFeeCreditsshallbethecostsofengineering, design, andconstructionbornebythe DeveloperintheconstructionofanyportionofFergusonParkwaynotlyingadjacenttothe Property. Further, totheextentpermittedunderSection395.023, TexasLocalGovernmentCode, Developershallbeentitledtofull -dollarImpactFeeCreditsforanyoffsite, major, orthoroughfare roadwaysmade orconstructedbyDeveloper, orcausedtobeconstructedbyDeveloper, including theroadwayssetforthonExhibitJ. AllImpactFeeCreditsthroughoutthedevelopmentshallbe cumulativeandcomprehensive, suchthatifthereareinsufficientlots/ ImpactFeesina particular phaseofthedevelopmentto fullyreimburseDeveloperforallitscostsrelatedto Capital Improvementsforsuchphase, CityshallapplytheearnedImpactFeeCreditstolots/ImpactFees assessedon otherphases. TheCityshallcollectImpactFeesfromthebuildersatthetimeof issuanceofbuildingpermitsandreimbursetheDeveloperallImpactFeeCreditsowedunderthis Agreementuponrequest, nomorethanoncepermonthbutno lessthanonceperquarter. TheCity shallnotreduceorrefusetoremittheImpactFeeCreditscontemplatedherein. Notwithstanding theforegoingoranyotherprovisionsofthisAgreement, Developershallnotbe entitledtoany ImpactFeecreditsforanyconstructionorfundingofimprovementsnotincludedintheCity's CIP, butOversizedPublicInfrastructurethattheCityrequiresDevelopertofundorconstructwillbe fundedasprovidedforunderSection7.1(e) ofthisAgreement. c)ParkDedicationFees. The Partiesherebyagreeand acknowledgethatthe Developmentisplannedtoincludeavarietyofopenspaces, parks, andrecreationalopportunities. Inexchangefor (i) thededicationoftheSchoolascontemplatedinSection8.3, andforretaining thelinearopenspaceforpublicopenspacepurposesinthenorthernsectionofthePropertyas shownon theapprovedConceptPlan (whichsaidopenspaceshallbededicatedtotheCityupon requestby theCity), theDevelopermay be deemedtohavefulfilledallora portionofits obligationstheCitymayhave, now orinthefuture, inrelationtoparklanddedicationsorpark landdedicationfees. InordertobeentitledtosuchcreditsDevelopermustsubmitdocumentation reasonablyacceptabletotheCitydetailinganysuchdedicationsandassociatedcoststotheCity todeterminetheextenttowhichDeveloperisentitledtobedeemedtohavefulfilleditsobligations as describedabove. d)ParkDevelopmentFees. TheDevelopershallreceivedollar -for -dollarwaivers ofanyparkdevelopmentfeesrequiredbytheCityforallimprovementprojectsundertakeninthe parksoropenspacesoftheDevelopment, including, withoutlimitation, enhancedtrails, golfcart paths, garbagecans, playgroundorfitnessequipment, benches, shade structures, trees, landscaping, irrigation, signage, waterfountains, andanyandotherallimprovements. Inorderto be entitledtosuchcreditsDevelopermustsubmitdocumentationreasonablyacceptabletotheCity detailinganysuchimprovements, dedicationsandassociatedcoststotheCitytodeterminethe extenttowhichDeveloperisentitledtobe deemedtohavefulfilleditsobligationsasdescribed ANACAPRI DEVELOPMENT AGREEMENT PAGE 23 above. To be eligibleforparkdevelopmentfeecredits, theenhancedtrailsandgolfcartpaths mustbetiedtotheLinearParkandalongFerguson, Hackberry, andMantuaRoad. Additionally, Developermayonlyreceivecreditfortrailpavementwidththatisinexcessof5' alongthemajor roadwaysidentifiedabove. Improvementswithinpocketparks (beingcommonarealotstobe ownedand maintainedbytheHOA)_and waterfountains/featureswithinprivatedrainage & detentionareasarenoteligibleforparkdevelopmentfeecredits. 7.3 PayeeInformation. Withrespecttoanyandeverytypeofpayment/remittancedueto bepaidatanytimebytheCitytoDeveloperaftertheEffectiveDateunderthisAgreement, the nameanddeliveryaddressofthepayeeforsuchpaymentshallbe: AnaCapriLagunaAzure„ LLC 2101CedarSpringsRoad, Suite700 Dallas, Texas75201 Developermaychangethenameofthepayeeand/oraddresssetforthabovebydeliveringwritten noticetotheCitydesignatinganewpayeeand/oraddressorthroughanassignmentofDeveloper's rightshereunder. SECTION8 ADDITIONALOBLIGATIONSAND AGREEMENTS 8.1 PrivateImprovements. a) Developer, atDeveloper's cost, willdesign, construct, maintain, andoperate, or willcause thedesign, construction, maintenance, and operationofallPrivateImprovement, includingwithoutlimitationtheLaguna, EntertainmentComraercialBuilding, andentertainment districtasconceptuallysetforthinExhibitGtocontainallcomponentssetforthinExhibitG-1. TheLagunashallbeconstructedwithinthetimeperiodsetforthinSection3.3(12) usingsuchtypeoffinancingasDeveloperfindsappropriateinitsowndiscretion. TheLagunashallbe designed andconstructedbyClowardH2O (a companywithan officelocatedat2696NorthUniversityAvenue, Suite290, Provo, Utah84604) ora companyofatleastequalcompetenceandexperience indesignofLaguna -typeimprovements, andthecosttotheDeveloperfordesignandconstruction oftheLagunashallbea minimumof $255000,000, includingtheRestaurant, entertainmentdistrict, andallassociatedappurtenancesandincludinghardandsoftcosts. NotwithstandinganyprovisionofthisAgreement, iftheLagunaisnotcompletedandinlawfuloperationwithinthetimeperiodsetforthinSection3., theCitymay suspendanyandallTIRZfundingtoDeveloperunderthis AgreementuntiltheLagunaislawfullyopenandoperatingand DeveloperforfeitsanyTIRZfundingthatwouldotherwisehavebecomeduetobepaidbeforetheLagunaislawfullyopenand operating. No publicfundsshallbeutilizedintheconstructionoftheLaguna. TheLagunashall be consideredaprivateimprovement, andDevelopershallhaveno obligationtodedicatethe LagunatotheCity. Developershallhaveno obligationtoremitanyfeeschargedorprofitsgeneratedfromtheLagunatotheCityoranyotherentityexceptthatDevelopershallquarterlyremitthefollowing: (1) anamountrepresenting $0.50 fromeachentryfeecollectedfromthepublicforentryintotheLaguna, remittedtotheAnnaEconomicDevelopmentCorporation; and (2) an amountrepresenting $0.50 fromeachentryfeecollectedfromthepublicforentryintotheLaguna, remittedtotheAnnaCommunityDevelopmentCorporation. Asusedinthissection, "entryfee" ANACAPRIDEVELOPMENT AGREEMENT PAGE 24 shallmeanthefeechargedtogainaccesstotheLagunaarea, butshallnotincludeany. feesfor rotheactivities, items, orevents, andshallbereflectedasan "entry fee" on thepurchaser'sreceipt. This surchargeontheentryfeeshallnotinterferewiththeDeveloper'sorotheroperator'sabilityto increase, decrease, orwaiveentryfees. HOA membersandtheirpermittedguestswillnotbesub* ecttothesurchargeonentryfees. The Cityherebyagreesthatalcoholicbeveragesmaybesold andconsumedwithintheLaguna, theRestaurant, andbowlingalley, providedproperpermitshave beenreceivedfromtheTexasAlcoholicBeverageCommissionorotherentityoragency having authority. b) Developer agreestoconstructadequateparkingfacilitiesattheLaguna site. Such Lagunaparkingfacilitiesshallbedeemed "adequate" iftheyareinsubstantialcompliancewith thestandardssetforthinExhibitH; provided, however, iftheCityreasonablyconcludesthatparking for -use oftheLaguna substantiallyoverflowsintoadjacentneighborhoodsand/oroverflows intomultifamilyparking, theCityandDevelopershallcooperatetoobtainaparking study, andtheDevelopershallconstructsuchadditionalparkingasisrequired bysuch study. During theconstructionoftheLagunaparkingfacilities, theCityagreestoallowtemporaryparking onadjacenttractsownedorcontrolledbyDeveloper. Innoeventshallsuchtemporaryparking exceedtwenty-four (24) months fromthedatetheLagunabecomesopentothepublic. 8. 2 Continued Performance. InthisSection8.2, the term "ExpectedClosures" willincludeseasonal closuresoftheLaguna; closuresforinclement weather; closuresmandatedbygovernmental entity, includingshut -downsorderedbyfederal, state, orlocalauthorities, includingcourts ofcompetentjurisdiction; closuresduetobreakageorasarereasonablynecessaryforrepairsto the Laguna; prolongedclosuresduetolack ofavailablepartsforrepairofLaguna; and shutdowns reasonablyenactedbytheoperatoroftheLaguna ("Operator") tomitigatethespreadof pandemic/epidemic. Theterm "NormalOperatingPeriod" willberegularoperatingmonthsofthe Laguna, establishedbyOperator. a) In theeventofaclosure, excludingExpectedClosures, oftheLagunaexpectedto last2or more daysduringtheNormalOperatingPeriod, OperatorshallnotifyCity, andshallinclude insuchnotificationtheexpecteddateofre -opening. A noticeontheentranceoftheLagunaand/ orwebsiteorsocialmediashallbeconsideredanoticetotheCity. b) In theeventofaclosure, excludingExpectedClosures, oftheLagunaexpectedto last7or moredaysduringtheNormalOperatingPeriod, Operator'snoticetoCityshallincludedocumentation ofthereasonfortheclosure. c) In theeventofaclosure, excludingExpectedClosures, oftheLagunathatlastsfor 30consecutive daysormoreduringtheNormalOperatingPeriodforwhichtheOperatorcannotprovide documentationjustifyingtheclosure, theDevelopershallnotbeentitledtoreceiveanyamounts fromtheTIRZFundforthecorrespondingyear. d) Intheeventofaclosure, excludingExpectedClosures, oftheLagunathatlastsfor an entire Normal OperatingPeriodforwhich closuretheOperator cannotprovidedocumentation justifyingtheclosure, theTIRZpaymentsduetoDevelopercorrespondingonlytothe commercialcomponentsofthePropertyshallbesuspended. TheLagunamustbeopen fora. minimum ofthree (3) consecutive weeksduringtheNormalOperatingPeriodtoavoidtriggerofANACAPRI DEVELOPMENT AGREEMENT PAGE 25 thisprovision. Uponre -openingoftheLaguna, theTIRZpaymentsassociatedwiththecommercial portionsofthePropertyshallresume. CommercialTIRZpaymentsforthetimetheLagunawas closedshallbeforfeitedbytheDeveloper. 8.3 SchoolSite. UponcreationofthePID, DevelopershallconveytheSchoolSiteto AISDortotheCityinaccordancewiththisAgreement. Suchconveyancemayrequirethatshould constructionofaschoolwithintheSchoolSitenotcommencewithinseven (7) yearsfromsuch conveyance, theSchoolSiteshallreverttotheCityinfeesimple. 8.4 GolfCarts. a) TheCityherebyauthorizestheoperationofGolfCartson allroadwayswithin theDevelopmentthathavea postedspeedlimitofnotmorethan35 milesperhour, pursuanttoSection551.404, TexasTransportationCode, as amended. b) DeveloperacknowledgesthatGolfCartsare subjecttocertainrestrictions pursuanttotheTexasTransportationCode, andthatCitylawenforcementofficialsandotherlaw enforcementofficialshavingauthoritymayenforcesuchrestrictions, includingwithoutlimitation therequirementthatGolfCartsmusthavea licenseplateissuedbytheTexasDepartmentofMotor Vehicles, as setforthinSection551.402(c), TexasTransportationCode. 8. 5 Conflicts. whennotinconflictwiththetermsandconditionsofthisAgreement, the developmentofthePropertyshallbesubjecttoallapplicableCityRegulations, includingbutnotlimitedtotheCity's subdivisionregulationsandengineeringdesignstandards. IntheeventofanydirectconflictbetweenthisAgreementandanyotherordinance, rule, regulation, standard, policy, order, guideline, orotherCityadoptedorCityenforcedrequirement, whetherexistingontheEffectiveDateorhereinafteradopted, thisAgreement, includingitsexhibits, as applicable, shall control. Intheeventofa conflictbetweentheConceptPlanandtheDevelopmentStandards, the ConceptPlanshallcontroltotheextentoftheconflict. 8.6 Permitting. The Cityagreesthatuponsubstantialcompletionofthepaving, water improvements, andwastewaterimprovementsforagivenphaseofthedevelopment, itshallrelease tenpercent (10%) ofthebuildingpermitsforsuchphase. Statusoflandscaping, screening, and franchiseutilitieswithinthatphaseshallnotaffectDeveloper's abilitytoreceiveten e10%) ofthepermitsforsuchphaseso longas paving, water, and wastewaterimprovementsare substantiallycomplete, asillustratedbycompletionofallworkexcept "punch -list" items. 8.7 Marketiniz. a) DevelopershallhavetherighttoplaceasalestraileruponthePropertycomplete withasphaltdriveandparkinginthelocationshownonExhibitI-1 uponoraftertheEffective DateofthisAgreementandmaykeepthesalestrailerinplaceforuptotwentyfour (24) months fromthedateoftheinstallationofthetrailer. No siteplanorfurtherapprovaloftheCityshallberequiredfortheplacementofthetrailer, routingofutilities, orgrantingofan E-911 address; provided, however, Developershallbe requiredto obtainaconstructiontrailerpermitwith applicablefeeandsubmittoallrequiredinspections. Notwithstandingtheforegoing, anysuchtrailermustberemovedfromthePropertyuponissuanceofaCertificateofOccupancyforthefirstmodelhome. ANACAPRIDEVELOPMENT AGREEMENT PAGE 26 b)UponoraftertheEffectiveDate, Developershallhavetherighttoinstallonsite signssizedupto* 16' by20' ofthegeneraltypeshownonExhibitI-2, whichsignsmayremainfor three (3) yearsfromdateofplacement. Thesignsshallbeofthetypeshowninandplacedinthe locationsshownon ExhibitI-1. A flagpoleofupto150' shallalsobe permittedfortheduration ofthedevelopmentoftheProperty. 8.8 Phasing. ThePartiesacknowledgethatthePropertymaybedevelopedinphases, and thepreliminaryplatstobesubmittedtotheCityforapprovalmay likewisebephased. Ifdeemed necessary, Developermay submitareplatoramendingplatforalloranyportionsoftheProperty inaccordancewithapplicablelaw. Anyreplatoramendingplatshallbe inconformancewith applicableCityRegulationsandsubjecttoCityapproval. 8.9 PublicInfrastructure, Generally. Exceptas otherwiseexpresslyprovidedforinthis Agreement, DevelopershallprovideallPublicInfrastructurenecessarytoservetheProperty, includingstreets, utilities, drainage, sidewalks, trails, streetlighting, streetsignage, andallother requiredimprovements, atnocosttotheCityexceptasexpresslyprovidedinthisAgreement, and asapprovedbytheCity's engineerorhisorheragent. Developershallcausetheinstallationofthe PublicInfrastructurewithinallapplicabletimeframesinaccordancewiththeCityRegulations unlessotherwiseestablishedinthisAgreement. Developershallprovideengineeringstudies, plan/profilesheets, andotherconstructiondocumentsatthetimeofplattingasrequiredbyCity Regulations. Suchplansshallbe approvedbytheCity's engineerorhisorheragentpriorto approvalofa finalplat. ConstructionofanyportionofthePublicInfrastructureshallnotbe initiateduntilapre -constructionconferencewithaCityrepresentativehasbeenheldregardingthe proposedconstructionandtheCityhasissuedawrittennoticetoproceed. No finalplatmay be recordedintheRealPropertyRecordsofCollinCountyuntilconstructionofallPublic Infrastructureshownthereonshallhavebeenconstructed, andthereafterinspected, approved, and acceptedbytheCity. 8. 10Inspections, AcceptanceofPublicInfrastructure, andDeveloper's Remedy. a) Inspections, Generally. TheCityshallhavetherighttoinspect, atanytimeand atitsown cost, theconstructionofallPublicInfrastructurenecessarytosupporttheDevelopment, includingwater, wastewater/sanitarysewer, drainage, roads, streets, alleys, parkfacilities, electrical, and streetlightsand signs. TheCity's inspectionsand/orapprovalsshallnotrelease Developerfromitsresponsibilitytoconstruct, orcausetheconstructionof, adequateAuthorized Improvementsand PublicInfrastructure. in accordancewithapprovedengineeringplans, constructionplans, and otherapprovedplansrelatedto developmentofthe Property. NotwithstandinganyprovisionofthisAgreement, itshallnotbe a breachorviolationofthe AgreementiftheCitywithholdsbuildingpermitsto any portionoftheDevelopmentuntil DeveloperhasmetitsobligationstoprovideforrequiredPublicInfrastructurenecessarytoserve suchportionaccordingtotheapprovedengineeringplansandCityRegulationsanduntilsuch PublicInfrastructurehasbeendedicatedtoandacceptedbytheCity, exceptasexpresslysetforth inthisAgreement. AcceptancebytheCityshallnotbe unreasonablywithheld, conditioned, or delayed. b)Ownership. Fromand aftertheinspectionand acceptancebytheCityofthe PublicInfrastructureandanyotherdedicationsrequiredunderthisAgreement, whichacceptance ANACAPRIDEVELOPMENT AGREEMENT PAGE 27 shallnotbeunreasonablywithheld, conditioned, ordelayed, suchimprovementsanddedicationsshallbeownedbytheCity. c)ApprovalofPlats/Plans. ApprovalbytheCity, theCity's engineer, orotherCity employeeor representative, ofanyplans, designs, orspecificationssubmittedby Developer pursuanttothisAgreementorpursuanttoapplicableCityRegulationsandPermittedExceptions shallnotconstituteorbedeemedtobe a releaseoftheresponsibilityandliabilityofDeveloper, hisengineer, employees, officers, oragentsfortheaccuracyandcompetencyoftheirdesignand specifications. Further, anysuchapprovalsshallnotbe deemedtobe an assumptionofsuch responsibilityandliabilitybytheCityforanydefectinthedesignandspecificationspreparedbp. , YDeveloperorDevelopersengineer, orengineersofficers, agents, servantsoremployees, itbeingtheintentofthepartiesthatapprovalbytheCity's engineersignifiestheCity's approvalononlyYthegeneraldesignconceptoftheimprovementstobeconstructed. 8.11Insurance. Developeroritscontractor(s) shallacquireandmaintain, duringtheperiodoftimewhenanyofthePublicInfrastructureisunderconstruction (anduntilthefulland final completionofthePublicInfrastructureandacceptancethereofby the City): (a) workers compensationinsuranceintheamountrequiredby law; and (b) commercialgeneralliabilityinsuranceincludingpersonalinjuryliability, premisesoperationsliability, andcontractualliability, covering, butnotlimitedto, theliabilityassumedunderanyindemnificationprovisionsofthisAgreement, withlimitsofliabilityforbodilyinjury, deathandpropertydamageofnotlessthan1,000,000-00. SuchinsuranceshallalsocoveranyandallclaimswhichmightariseoutofthePublicInfrastructureconstructioncontracts, whetherbyDeveloper, a contractor, subcontractor materialman, orotherwise. Coveragemustbe on a "peroccurrence" basis. Allsuchinsurance shall: (i) be issuedbya carrierwhichisrated "A-1" orbetterbyA.M. Best's Key gRatinGuide andlicensedtodo businessintheStateofTexas; and (ii) nametheCityas anadditionalinsuredandcontainawaiverofsubrogationendorsementinfavoroftheCity. UpontheexecutionofPublicInfrastructureconstructioncontracts, DevelopershallprovidetotheCitycertificatesofinsuranceevidencingsuchinsurancecoveragetogetherwiththedeclarationofsuchpolicies, alongwiththep gendorsementnamingtheCityasanadditionalinsured. Eachsuchpolicyshallprovidethatatleast30dayspriortothecancellation, non -renewalormodificationofthesame, theCityshallreceive writtennoticeofsuchcancellation, non -renewalormodification. 8.12INDEMNIFICATIONandHOLD HARMLESS. DEVELOPER, INCLUDINGITSRESPECTIVESUCCESSORSANDASSIGNS, HEREBY COVENANT AND AGREE TORELEASE, DEFEND, HOLD HARMLESS, AND INDEMNIFYTHE CITY AND ITSOFFICIALS, OFFICERS, AGENTS, REPRESENTATIVES, SERVANTSAND EMPLOYEESCOLLECTIVELY, THE "RELEASEDPARTIES"), FROM AND AGAINSTALL THIRD - PARTY CLAIMS, SUITS, JUDGMENTS, DAMAGES, AND DEMANDS AGAINST THECITYORANYOFTHERELEASEDPARTIES, INCLUDINGWITHOUTLIMITATIONREASONABLEATTORNEY' S FEES, RELATEDEXPENSES, EXPERT WITNESSFEESCONSULTANTFEES, AND OTHER COSTS ACTUALLYINCURRED ("TOGETHER., CLAIMS"), ARISINGOUT OF THE NEGLIGENCEOR OTHER WRONGFUL CONDUCTOFDEVELOPER, INCLUDINGTHE NEGLIGENCEOF ITSRESPECTIVEEMPLOYEESCONTRACTORS, SUBCONTRACTORS, MATERIALMEN, AND/OR AGENTS INCONNECTIONWITHTHEDESIGNORCONSTRUCTIONOFANYPUBLICINFRASTRUCTURE, STRUCTURES, OR OTHER FACILITIESOR IMPROVEMENTS ANACAPRIDEVELOPMENTAGREEMENT PAGE 28 THAT ARE REQUIRED OR PERMITTED UNDER THIS AGREEMENT AND/OR CITY REGULATIONSAND/OR ANY APPLICABLEDEVELOPMENT STANDARDSAND/OR ANY OTHER GOVERNING REGULATIONS. DEVELOPERSHALLNOT, HOWEVER, BE REQUIRED TO INDEMNIFYTHE CITYAGAINST CLAIMSCAUSED BY THE CITY'S NEGLIGENCE, WHETHER SOLE, CONTRIBUTORY, OR COMPARATIVE. IF THE CITYINCURSCLAIMSTHATARE CAUSED BY THE CONCURRENT NEGLIGENCE OF DEVELOPERAND THE CITY, DEVELOPER'S INDEMNITYOBLIGATIONWILLBE LIMITEDTO A FRACTIONOF THE TOTALCLAIMSEQUIVALENTTO DEVELOPER' S OWN PERCENTAGE OF RESPONSIBILITY. DEVELOPER, INCLUDINGITSRESPECTIVE SUCCESSORSAND ASSIGNS, FURTHER COVENANTS AND AGREES TO RELEASE, DEFEND, HOLD HARMLESS, AND INDEMNIFY, THE CITYAGAINSTANY AND ALL CLAIMS BY ANY PERSON CURRENTLYCLAIMINGAN OWNERSHIPINTERESTIN THEPROPERTYWHO HAS NOT SIGNEDTHISAGREEMENTIFSUCH CLAIMSRELATE INANYMANNER OR ARISEINCONNECTIONWITH: (1) THE CITY'S RELIANCEUPON DEVELOPER'S REPRESENTATIONSINTHISAGREEMENT; (2) THIS "AGREEMENT OR OWNERSHIPOF THE PROPERTY; OR (3) THE CITY' SAPPROVALOF ANY TYPE OF DEVELOPMENT APPLICATIONOR SUBMISSIONWITH RESPECT TO THE PROPERTY. DEVELOPER, INCLUDINGITSRESPECTIVESUCCESSORS AND ASSIGNS, FURTHER COVENANTS AND AGREES TO RELEASE, DEFEND, HOLD HARMLESS, AND INDEMNIFY, THE RELEASEDPARTIESAGAINSTANY AND ALL CLAIMSBY ANY PERSON CLAIMINGTHAT ANY PROVISIONOR STATEMENT INTHISAGREEMENT CONFERS OR POTENTIALLYCONFERS ANY BENEFITOR THING OF VALUE TO OWNER THAT IS INVALID, ILLEGAL, UNLAWFUL OR THAT THE CITY IS NOT LEGALLYPERMITTEDTO CONFER TO OWNER UNDER THISAGREEMENT. 8.13StatusofParties. Atno timeshalltheCityhave anycontroloveror, chargeof Developer's design, constructionorinstallationofanyofthePublicInfrastructure, northemeans, methods, techniques, sequencesorproceduresutilizedforsaiddesign, constructionorinstallation. ThisAgreementdoesnotcreateajointenterpriseorventureoremploymentrelationshipbetween theCityandDeveloper. 8.14EminentDomain. a) Withtheexceptionoftheacquisitionofeasementsandrightsofwaynecessary toconstructtheSewerSystemExtensiontothenortherntractoftheProperty, as setforthin subsectionb) below, Developeragreestousecommerciallyreasonableeffortstoobtainallthird - partyrights -of -way, consents, or easements, ifany, requiredforthePublicInfrastructure. If, however, Developerisunabletoobtainsuchthird -partyrights -of -Way, consents, oreasements withinthirty (30) daysofcommencingeffortstoobtaintheneededeasementsandright-of-way, theCityagreestotakereasonablestepstosecuresame (subjecttoCityCouncilauthorizationafter a findingofpublicnecessity) throughtheuseoftheCity's powerofeminentdomainwithinone hundredtwenty (120) daysofreceiptofwrittennoticeofDeveloper's requestforCitytodosame. Developershallberesponsibleforfundingallreasonableandnecessarylegalproceeding/litigation costs, attorney's feesandrelatedexpenses, and appraiserand expertwitnessfees (collectively, EminentDomainFees") actuallyincurredbytheCityintheexerciseofitseminentdomain powersthatforanyreasonarenotfundedby thePIDBondProceedsandshallescrowwitha mutuallyagreeduponescrowagenttheCity's reasonablyestimatedEminentDomainFeesbothin ANACAPRIDEVELOPMENT AGREEMENT PAGE 29 advanceoftheinitiationofeacheminentdomainproceedingandasfundsareneededbytheCity. ProvidedthattheescrowfundremainsappropriatelyfundedinaccordancewiththisAgreement, theCitywilluseallreasonableeffortstoexpeditesuchcondemnationproceduressothatthePublic Infrastructurecanbeconstructedassoonasreasonablypracticable. IftheCity's EminentDomainFeesexceedtheamountoffundsescrowedinaccordancewiththisparagraph, Developershall depositadditionalfundsasrequestedbytheCityintotheescrowaccountwithinten (10) daysafter writtennoticefromtheCity. Any unusedescrowfundswillbe refundedtoDeveloperwith thirty (30) daysafteranycondemnationawardorsettlementbecomesfinalandnon -appealable. NothinginthissectionisintendedtoconstituteadelegationofthepolicepowersorgovernmentalauthorityoftheCity, andtheCityreservestheright, atalltimes, tocontrolitsproceedingsineminentdomain. b)Notwithstandinganythinginsubsection (a) tothecontrary, theCityagreestotakeallnecessarystepstosecuretheeasementsandrightsofwaynecessarytobringtheSewerSystemExtensiontothenortherntractoftheProperty, includingtheuseoftheCity's powerofeminentdomain (subjecttoCityCouncilauthorizationafterafindingofpublicnecessity), attheCity's owncosts. TheCityshallcommencesuchactionsasarenecessarytoacquiresucheasements andrightsofwayimmediatelyuponfullexecutionofthisAgreementandshalldiligentlypursuetheacquisitionofsucheasementsandrightsofwaytocompletion. 8.15 VestedRights. ThisAgreementshallconstitutea "permit" (as definedinChapters212and245, TexasLocalGovernmentCode) thatisdeemedfiledwiththeCityontheEffectiveDate. 8.16 DeterminationofRou h Pro ortionality. Assumingnodefaultsunderthisagreement, Developerherebyagreesandacknowledges, withoutwaivingclaimsrelatedsolelytoexactionsnotcontemplatedbythisagreement, that: (a) anyPublicInfrastructurethatitconveystotheCityoracquiresfortheCitypursuanttothisAgreementisroughlyproportionaltothebenefitreceivedbytheownerforsuchPublicInfrastructure, andDeveloperherebywaivesanyclaimthereforthatitmayhave; and (b) allprerequisitestosuchdeterminationofroughproportionalityhavebeenmet, andanyvaluereceivedbytheCityrelativetosaidconveyanceisrelatedbothinnatureand extenttotheimpactofthedevelopmentofthepropertyontheCity's infrastructure. 8.17 Anti -BoycottVerification. The Developerherebyverifiesthatitanditsparent company, wholly- ormajority -ownedsubsidiaries, andotheraffiliates, ifany, donotboycottIsrael and, totheextentthisAgreementisa contractforgoodsorservices, willnotboycottIsraelduringthetermofthisAgreement. Theforegoingverificationismade solelytocomplywithSection2271.002, TexasGovernmentCode, andtotheextentsuchSectiondoesnotcontraveneapplicable ipp StateorFederallaw. As usedntheforegoingverification, "boycottIsrael" means refusingtodealwith, terminatingbusinessactivitieswith, orotherwise takinganyactionthatisintended topenalize, inflicteconomicharmon, orlimitcommercialrelationsspecificallywithIsrael, orwitha personorentitydoingbusinessinIsraelorinan Israeli -controlledterritory, butdoesnotincludean actionmadeforordinarybusinesspurposes. TheUnderwriterunderstands "affiliate" tomeanan entitythatcontrols, iscontrolledby, or isunder common controlwiththeUnderwriterandexists tomakeaprofit. ANACAPRI DEVELOPMENTAGREEMENTPAGE 30 8.18 Iran, SudanandForeignTerroristOrganizations. TheUnderwriterrepresentsthat neitherit ' noranyofitsparentcompany, wholly- ormajority -ownedsubsidiaries, and other affiliatesisacompanyidentifiedonalistpreparedandmaintainedbytheTexasComptrollerof PublicAccountsunderSection2252.153 or Section2270.0201, TexasGovernmentCode, and postedonanyofthefollowingpagesofsuchofficer's internetwebsite: https:Hcomptroller.texas.gov/purchasing/docs/sudan-list.pdf, https:Hcomptroller.texas.gov/purchasing/docs/iran-list.pdf, or https:Hcomptroller.texas.gov/purchasing/docs/fto-list.pdf. TheforegoingrepresentationismadesolelytocomplywithSection2252.152, TexasGovernment Code, andtotheextentsuchSectiondoesnotcontraveneapplicableStateorFederallawand excludestheUnderwriteranditsparentcompany, wholly- ormajority -ownedsubsidiaries, and otheraffiliates, ifany, thattheUnitedStatesgovernmenthasaffirmativelydeclaredtobeexcluded fromitsfederalsanctionsregimerelatingtoSudanorIranoranyfederalsanctionsregimerelating toa foreignterroristorganization. TheUnderwriterunderstands "affiliate" tomean anyentitythat controls, iscontrolledby, orisundercommoncontrolwiththeUnderwriterandexiststomakea profit. 8.19 Form1295. Submittedherewithisa completedForm1295inconnectionwiththe Underwriter's participationintheexecutionofthisAgreementgeneratedby theTexasEthics Commission's (the "TEC") electronicfilingapplicationinaccordancewiththeprovisionsof Section2252.908 oftheTexasGovernmentCodeandtherulespromulgatedbytheTEC (the Form1295"). TheCityherebyconfirmsreceiptoftheForm1295fromtheUnderwriter, andthe CityagreestoacknowledgesuchformwiththeTEC throughitselectronicfilingapplicationnot laterthanthe30thdayafterthereceiptofsuchform. TheUnderwriterandtheCityunderstand andagreethat, withtheexceptionofinformationidentifyingtheCityandthecontractidentification number, neithertheCitynoritsconsultantsareresponsiblefortheinformationcontainedinthe Form1295; thattheinformationcontainedintheForm 1295hasbeenprovidedsolelybythe Underwriter; and, neithertheCitynoritsconsultantshaveverifiedsuchinformation. SECTION9 EVENTS OF DEFAULT; REMEDIES 9.1 EventsofDefault. No Partyshallbe indefaultunderthisAgreementuntilnoticeof theallegedfailureofsuchPartytoperformhasbeengiveninwriting (whichnoticeshallsetforth inreasonabledetailthenatureoftheallegedfailure) anduntilsuchPartyhasbeengivena reasonabletimetocuretheallegedfailure (suchreasonabletimetobe determinedbasedonthe natureoftheallegedfailure, butinno eventmorethanthirty (30) days (oranylongertimeperiod totheextentexpresslystatedinthisAgreementasrelatestoa specificfailuretoperform) after writtennoticeoftheallegedfailurehasbeengiven. Notwithstandingtheforegoing, noPartyshall be indefaultunderthisAgreementif, withintheapplicablecureperiod, thePartytowhom the noticewas givenbeginsperformanceand thereafterdiligentlyandcontinuouslypursues performanceuntiltheallegedfailurehasbeencured. Notwithstandingtheforegoing, however, a Partyshallbe indefaultofitsobligationtomakeanypaymentrequiredunderthisAgreementif suchpaymentisnotmadewithintwenty (20) businessdaysafteritisdue. ThefailureoftheCity ANACAPRIDEVELOPMENTAGREEMENT PAGE 31 totimelyconstruct, orcausedtheconstructionof, RosamondParkwayshallbeconsideredadefault underthisAgreement. 9.2 Remedies. As compensationfortheotherparty's default, anaggrievedPartyislimited toseekingspecificperformanceoftheotherparty's obligationsunderthisAgreement. However, thePartiesagreethatDeveloperwillnotberequiredtospecificallyperformunderthisAgreement intheeventthatDevelopersatisfiesallofitsobligationsunderSection4.1 andtheCitydoesnot issuePIDBondswithinoneyearoftheEffectiveDate. 9.3 PerformanceWindow: ElectiontoTerminate. IntheeventthatDevelopersatisfiesall ofitsobligationsunderitscontrolpursuanttoSection4.1 andtheCityneverthelessdoesnotissue PIDBondswithinoneyearofthedateonwhichDeveloperdelivereditsrequestforsuchPIDBond issueunderSection4.1, then (i) neitherPartyshallbe requiredtootherwiseperformunderthis Agreement; and (ii) thisAgreementwillterminate. Notwithstandingtheforegoing, Developershall takeallactionsrequiredundertheCityRegulationsandthisAgreementnecessaryto: (a) obtain approvalofa finalplatforPhase1 oftheDevelopmentandcommenceconstructionthereofwithin 180daysaftertheclosingofthePID Bonds; and (b) recorda finalplatofPhase 1 ofthe DevelopmentintheRealPropertyRecordsofCollinCountynotlaterthan36 monthsfollowing theissuanceofthefirstseriesofPID Bonds. As itpertainstothisAgreement, "commence construction" includesinitialgradingorothersitepreparationwiththeCity's approvalandas necessaryforfurtherdevelopment. NotwithstandinganyprovisionofthisAgreement, ifanyof Developer's obligationssetforthinthisAgreementarenottimelysatisfiedinaccordancewiththis Agreement, theCitymayelecttoterminatethisAgreementbyprovidingDeveloperwithwritten noticeofsuchfailure(s). IftheCityprovidessuchwrittennotice, Developershallhave120days fromthedatethattheCitydeliverssaidwrittennoticeinwhichtocuresuchfailure(s), plusanadditionaltimeperiodequaltoanydelaycausedbythefailure(s), ifany, oftheCitytotimelyissue anyapprovalsrequiredunderthisAgreementortheCityRegulationsormeetitsobligationsunder thisAgreement. IfDeveloperfailstotimelycuresuchfailure(s), thentheCityshallbeexcused fromitsobligationsunderthisAgreement, includingbutnotlimitedtoanyobligationto: (a) levyanyAssessmentsnotalreadyleviedontheProperty, and (b) issueanyPIDBondsnotalreadyissued. SECTION10 ASSIGNMENT; ENCUMBRANCE 10.1 Assignment. ThisAgreementshallbe bindinguponand inuretothebenefitofthe successorsandassignsofthepartieshereto. Theobligations, requirements, orcovenantstodevelopthePropertysubjecttothisAgreementshallbefreelyassignable, inwholeorinpart, toanyaffiliate orrelatedentityofDeveloper, oranylienholderontheProperty, withoutthepriorwrittenconsent oftheCity, subjecttothenoticerequirementssetforthinSection10.4. Exceptas otherwise providedinthisparagraph, theobligations, requirementsorcovenantstothedevelopmentofthe Propertyshallnotbe assigned, inwholeorinpart, byDevelopertoa non -affiliateornon -related entityofDeveloperwithoutthepriorwrittenconsentoftheCityManager, whichconsentshallnot beunreasonablywithheldordelayediftheassigneedemonstratesfinancialabilitytoperform. An assigneeshallbeconsidereda "Party" forthepurposesofthisAgreement. Eachassignmentshall be inwritingexecutedbyDeveloperandtheassigneeandshallobligatetheassigneetobebound bythisAgreementtotheextentthisAgreementappliesorrelatestotheobligations, rights, title, or ANACAPRIDEVELOPMENTAGREEMENT PAGE 32 interestsbeingassigned. No assignmentbyDevelopershallreleaseDeveloperfromanyliability thatresultedfromanactoromission' byDeveloperthatoccurredpriortotheeffectivedateofthe assignmentunlesstheCityapprovesthereleaseinwriting. Developershallmaintainwritten recordsofallassignmentsmadebyDevelopertoassignees, includingacopyofeachexecuted assignmentand, uponwrittenrequestfromanyPartyorassignee, shallprovideacopyofsuch recordstotherequestingpersonorentity, andthisobligationshallsurvivetheassigningParty's sale, assignment, transfer, orotherconveyanceofanyinterestinthisAgreementortheProperty. Any receivablesdue underthisAgreement, anyconstructionfundingagreement, oranyPID ReimbursementAgreementmay be assignedby Developerwithouttheconsentof, butupon writtennoticeto, theCity, pursuanttothetermshereof. 10.2AssigneesasParties. AnassigneeauthorizedinaccordancewiththisAgreementand forwhichnoticeofassignmenthasbeenprovidedinaccordanceherewithshallbe considereda Party" forthepurposesofthisAgreement. Withtheexceptionof: (a) theCity, (b) an EndUser, c) a purchaserofa FullyDevelopedandImprovedLot, anypersonorentityuponbecomingan owneroflandwithinthePIDoruponobtaininganownershipinterestinanypartoftheProperty shallbe deemedtobe a "Developer" andhavealloftherightsandobligationsofDeveloperasset forthinthisAgreementandallrelateddocumentstotheextentofsaidownershiporownership interest. 10.3 ThirdPartyBeneficiaries. Exceptasotherwiseprovidedherein, thisAgreementinures tothebenefitof, andmay onlybe enforcedby, theParties. No otherpersonorentityshallhave anyright, title, orinterestunderthisAgreementorotherwisebe deemedtobe a third -party beneficiaryofthisAgreement. 10ANoticeofAssignment. Subjectto Section12.1 ofthisAgreement, thefollowing requirementsshallapplyintheeventthatDevelopersells, assigns, transfers, orotherwiseconveys thePropertyoranypartthereofand/oranyofitsrightsorbenefitsunderthisAgreement: (i) DevelopermustprovidewrittennoticetotheCitytotheextentrequiredunderSection12.1 atleast fifteen (15) businessdaysinadvanceofanysuchsale, assignment, transfer, orotherconveyance; ii) saidnoticemustdescribetheextenttowhichanyrightsorbenefitsunderthisAgreementwill be sold, assigned, transferred, orotherwiseconveyed; (iii) saidnoticemuststatethename, mailing address, telephonecontactinformation, and, ifknown, emailaddress, oftheperson(s) thatwill acquireanyrightsorbenefitsasaresultofanysuchsale, assignment, transferorotherconveyance; and (iv) saidnoticemustbesignedbya dulyauthorizedpersonrepresentingDeveloperanda duly authorizedrepresentativeofthepersonthatwillacquireanyrightsorbenefitsasaresultofthe sale, assignment, transferorotherconveyance. SECTION11 RECORDATIONAND ESTOPPELCERTIFICATES 11.1 BindingObliaions. ThisAgreementandallamendmentsheretoand assignments hereofshallberecordedintheRealPropertyrecordsofCollinCounty. ThisAgreementbindsand constitutesacovenantrunningwiththePropertyand, upontheEffectiveDate, isbindingupon DeveloperandtheCity, andformsa partofanyotherrequirementsfordevelopmentwithinthe Properly. ThisAgreement, whenrecorded, shallbebindinguponthePartiesandtheirsuccessors andassignsaspermittedbythisAgreementandupontheProperty. ANACAPRIDEVELOPMENT AGREEMENT PAGE 33 11.2 EstoppelCertificates. Fromtimetotime, uponwrittenrequestofDeveloperorany futureowner, theCityManager, orhis/herdesigneewill, inhis/herofficialcapacityandtohis/her reasonableknowledgeandbelief, executeawrittenestoppelcertificateidentifyinganyobligations ofan ownerunderthisAgreementthatareindefaultormakingan affirmativestatementthat DeveloperisnotindefaultunderthisAgreement. SECTION12 GENERALPROVISIONS 12.1 PD Zoning. The CityCouncilhas previouslyapprovedthePD Zoningofthe DevelopmentbyOrdinance887-2020on December8, 2020. ThePropertyshallbedevelopedin accordancewiththeDevelopmentStandards, including, withoutlimitation, thePD Zoning. 12.2 Term. ExceptwithrespecttoImpactFeecreditsthatdonotterminate, thetermofthis Agreementshallbeforty (40) yearsaftertheEffectiveDateunlessextendedbymutualagreement oftheParties. Upon expirationoftheTerm, theCityshallhaveno obligationsunderthis AgreementwiththeexceptionofmaintainingandoperatingthePIDinaccordancewiththeSAP andtheIndenture. 12.3 Recitals. TherecitalscontainedinthisAgreement: (a) aretrueandcorrectasofthe EffectiveDate; (b) formthebasisupon whichthePartiesnegotiatedand enteredintothis Agreement; and (c) reflectthefinalintentofthePartieswithregardtothesubjectmatterofthis Agreement. IntheeventitbecomesnecessarytointerpretanyprovisionofthisAgreement, the intentoftheParties, as evidencedbytherecitals, shallbe takenintoconsiderationand, tothe maximumextentpossible, givenfulleffect. ThePartieshavereliedupontherecitalsaspartoftheconsiderationforenteringintothisAgreementand, butfortheintentofthePartiesreflectedbythe recitals, wouldnothaveenteredintothisAgreement. 12.4 Notices. Anynotice, submittal, paymentorinstrumentrequiredorpermittedbythis Agreementtobe givenordeliveredtoanypartyshallbe deemedtohavebeenreceivedwhen deliveredpersonallyorupontheexpirationof72hoursfollowingdepositofthesameinanyUnited StatesPostOffice, registeredorcertifiedmail, postageprepaid, addressedasfollows: To theCity: CityofAnna, Texas 111 N. PowellParkway Anna, Texas75409 Witha copyto: Wolfe, Tidwell & McCoy, LLP Attn: ClarkMcCoy 2591DallasParkway, Suite300 Frisco, Texas75034 To Developer: AnaCapriLagunaAzure, LLC 2101CedarSpringsRoad., Suite700 Dallas, Texas75201 ANACAPRIDEVELOPMENTAGREEMENT PAGE 34 Witha copyto: WinsteadPC Attn: RossMartin 2728N. HarwoodStreet, Suite500 Dallas, Texas75201 Anypartymay changeitsaddressoraddressesfordeliveryofnoticebydeliveringwrittennotice ofsuchchangeofaddresstotheotherparty. 12.5 Interpretation. The Partiesacknowledgethateachhas beenactivelyinvolvedin negotiatingthisAgreement. Accordingly, theruleofconstructionthatanyambiguitiesaretobe resolvedagainstthedraftingPartywillnotapplytointerpretingthisAgreement. Intheeventof anydisputeoverthemeaningorapplicationofanyprovisionofthisAgreement, theprovisionwill beinterpretedfairlyandreasonablyandneithermorestronglyfornoragainstanyParty, regardless ofwhichPartyoriginallydraftedtheprovision. 12.6 Time. InthisAgreement, timeisoftheessenceandcompliancewiththetimesfor performancehereinisrequired. 12.7 AuthorityandEnforceability. TheCityrepresentsandwarrantsthatthisAgreement has beenapprovedby officialactionbytheCityCounciloftheCityinaccordancewithall applicablepublicnoticerequirements (including, butnotlimitedto, noticesrequiredbytheTexas OpenMeetingsAct) andthattheindividualexecutingthisAgreementonbehalfoftheCityhas beendulyauthorizedtodo so. DeveloperrepresentsandwarrantsthatthisAgreementhasbeen approvedbyappropriateactionofDeveloper, andthateachindividualexecutingthisAgreement on behalfofDeveloperhasbeendulyauthorizedtodoso. EachParryrespectivelyacknowledges andagreesthatthisAgreementisbindinguponsuchPartyandisenforceableagainstsuchParty, inaccordancewithitstermsandconditions. 12.8 LimitedWaiverofImmunity. ThePartiesareenteringintothisAgreementinreliance uponitsenforceability. Consequently, theCityunconditionallyandirrevocablywaivesallclaims ofsovereignandgovernmentalimmunitytheymayhave (including, butnotlimitedto, immunity fromsuit) totheextent, butonlytotheextent, thatawaiverisnecessarytoenforcespecific performanceofthisAgreement (includingalloftheremediesprovidedunderthisAgreement) and togivefulleffecttotheintentofthePartiesunderthisAgreement. Notwithstandingtheforegoing, thewaivercontainedhereinshallnotwaiveanyimmunitiesthattheCitymayhavewithrespectto claimsofinjurytopersonsorproperty, whichclaimsshallbe subjecttoalloftheirrespective immunitiesandtotheprovisionsoftheTexasTortClaimsAct. Further, thewaiverofimmunity hereinisnotenforceableby anypartynota PartytothisAgreementoranypartythatmay be construedtobea thirdpartybeneficiarytothisAgreement. 12.9 SeverabilitY. ThisAgreementshallnotbe modifiedoramendedexceptinWriting signedbytheParties. IfanyprovisionofthisAgreementisdeterminedbya courtofcompetent jurisdictiontobeunenforceableforanyreason, then: (a) suchunenforceableprovisionshall. be deletedfromthisAgreement; (b) theunenforceableprovisionshall, totheextentpossibleandupon mutualagreementoftheparties, be rewrittentobe enforceableandtogiveeffecttotheintentof ANACAPRIDEVELOPMENT AGREEMENT PAGE 3 5 theParties; and (c) theremainderofthisAgreementshallremaininfullforceandeffectandshall beinterpretedtogiveeffecttotheintentoftheParties. 12.10 ApplicableLaw; Venue. ThisAgreementisenteredintopursuantto, and istobe construedandenforcedinaccordancewith, thelawsoftheStateofTexas, andallobligationsof thePartiesareperformableinCollinCounty. Exclusivevenueforanyactionrelatedto, arisingout of, orbroughtinconnectionwiththisAgreementshallbeintheCollinCountyDistrictCourt. 12.11 Non Waiver. Anyfailurebya PartytoinsistuponstrictperformancebytheotherPartyofanymaterialprovisionofthisAgreementshallnotbedeemedawaiverthereof, andthe Partyshallhavetherightatanytimethereaftertoinsistuponstrictperformanceofanyandall provisionsofthisAgreement. No provisionofthisAgreementmay be waivedexceptbywritingsignedbythePartywaivingsuchprovision. Anywaivershallbe limitedtothespecificpurposesforwhichitisgiven. No waiverbyanyPartyofanytermorconditionofthisAgreementshallbe deemedorconstruedtobea waiverofanyothertermorconditionorsubsequentwaiverofthe sametermorcondition. 12. 12Counterparts. ThisAgreementmay be executedinanynumberofcounterparts, eachofwhichshallbedeemedan originalandconstituteoneandthesameinstrument. 12.13 ForceMajeure. EachPartyshallusegoodfaith, duediligenceandreasonablecare intheperformanceofitsrespectiveobligationsunderthisAgreement, andtimeshallbe ofthe essenceinsuchperformance; however, intheeventa Partyisunable, duetoforcemajeure, to performitsobligationsunderthisAgreement, thentheobligationsaffectedbytheforcemajeure shallbe temporarilysuspended. Withinthree (3) businessdaysaftertheoccurrenceofa force majeure, thePartyclaimingtherighttotemporarilysuspenditsperformance, shallgiveNoticetoalltheParties, includingadetailedexplanationoftheforcemajeureanda descriptionoftheaction thatwillbetakentoremedytheforcemajeureandresumefullperformanceattheearliestpossible time. The term "forcemajeure" shallincludeeventsorcircumstancesthatarenotwithinthe reasonablecontrolofthePartywhoseperformanceissuspendedandthatcouldnothavebeen avoidedbysuchPartywiththegoodfaithexerciseofgoodfaith, duediligenceandreasonable care. A Partythathas claimedtherighttotemporarilysuspenditsperformanceshallprovidewrittenreportstotheotherPartyatleastonceeveryweekdetailing: (i) theextenttowhichthe forcemajeureeventorcircumstancecontinuetopreventtheParty's performance; (H) allofthe measuresbeingemployedtoregaintheabilitytoperform; and (iii) theprojecteddateuponwhich thePartywillbe abletoresumeperformance, whichprojecteddatethePartiesagreeand acknowledgeisonlyan estimateand nota bindingcommitmentbythePartyclaimingforce majeure. 12.14 CompleteAgreement. ThisAgreementand theagreementsattachedheretoas ExhibitDA-1, DA-2, D_A-3, andD, A 4 embodytheentireAgreementbetweenthePartiesasrelates tothesubjectmatterinthisAgreementandcannotbe variedorterminatedexceptas setforthin thisAgreement, orbywrittenagreementoftheCityandDeveloperexressl ' amendingthe' termsppYofthisAgreement. By enteringintothisAgreement, thePartiesunderstandandagreethatany previousagreementsorunderstandingbetweenthepartiesarenullandvoid. ANACAPRIDEVELOPMENT AGREEMENT F PAGE 36 12.15 Consideration. ThisAgreementisexecutedbythePartiesheretowithoutcoercion orduressandforsubstantialconsideration, thesufficiencyofwhichisherebyacknowledged. 12.16 Exhibits. The followingexhibitsare attachedto thisAgreementand are incorporatedhereinforallpurposes: ExhibitA DescriptionoftheProperty ExhibitB ConceptPlan ExhibitC PhasesandAmenityTimetables ExhibitD AuthorizedImprovementswithBudgetedCostsbyPhase ExhibitDA-1 DevelopmentAgreement ExhibitDA-2 DevelopmentAgreement ExhibitDA-3 DevelopmentAgreement ExhibitDA-4 DevelopmentAgreement ExhibitE Home BuyerDisclosureProgram ExhibitF FergusonParkwayImprovements ExhibitG LagunaConceptualDepiction ExhibitG-1 LagunaComponentsandTiming ExhibitH LagunaParkingStandards ExhibitI SalesandSignTrailerLocations ExhibitI2 GeneralSignExample ExhibitJ RoadwaysEligibleforImpactFeeCredits ExhibitK PIDFinancialSummary SIGNATURESPAGES AND EXHIBITSFOLLOW; REMAINDEROF THISPAGE INTENTIONALLYLEFTBLANK] ANACAPRIDEVELOPMENT AGREEMENT PAGE 37 EXECUTEDBY THE PARTIESTO BE EFFECTIVEON THE EFFECTIVEDATE: CITYOF ANNA, T By: X, 4e Name: NatePike Title: Mar Date: QrQD s APPROVED AS TO FORM Name: ClarkMcCoy Title: CityAttorney Date: STATEOF TEXAS COUNTY OF COLLIN Thisinstrumentwasacknowledgedbeforeme on thisfayof , 2021, by NatePike, MayoroftheCityofAnna, Texas, on behalfofsaidCity. SPY PYe`-, CARRIEL. LAND My NotaryID # 11419404ry42023ExpiresFebrua NotaryPublicinandfortheStateofTexasQR SEAL] DEVELOPER: AnaCapriLagunaAzure, LLC, a Wyominglimitedliabilitycompany By: AlRevocableT st, itsmemb ArminAfza4oN/,-Tr'usiedfoftheAlRevocableTrust STATE OF TEXAS § SCOUNTYOQ§§ Thisinstrumentwas acknowledgedbeforeme, on the /f) dayofX4/) 46 ; 2021, by ArminAfzalipour, TrusteeoftheAlRevocableTrustinitscapacityasmemberofAnaCapri LagunaAzure, LLC, a Wyominglimitedliabilitycompany, onbehalfofsaidcompany, who, upon hisswornoath, declaredthatheisauthorizedtobindsaUzompany. i"ot PV PG ANGELLA DEGUAIRNOTacrYPublicStateOfTexasIDtt129927748 Notary Inanlc a e ofTexasComm. Expires08/ 20/ 2022 SEAL] E T A:. Descripto::n oftheProperty BEINGA TRACTOF LAND SITUATEDINTHE S.E. ROBERTS SURVEY, ABSTRACTNUMBER 786, AND THE E.W. WITT SURVEY, ABSTRACT NUMBER 997, COLLIN COUNTY, TEXAS, AND BEING ALL THOSE TRACTS OF LAND TO JY & KC LLC, (A LIMITEDLIABILITYCOMPANY) RECORDED IN INSTRUMENT NUMBER 20170608000746940ANDYOUNG KIMAND TIMMUELLERRECORDED ININSTRUMENTNUMBER 20170608000747130OF THE PUBLIC RECORDS, OF COLLIN COUNTY, TEXAS BEING MORE PARTICULARLY DESCRIBEDBY METES AND BOUNDS AS FOLLOWS: BEGINNINGATTHE NORTHEASTCORNER OF SAIDTRACTOF LANDTO YOUNG KIMAND TIMMUELLER AND THE INTERSECTIONOF COUNTY ROAD 371 (A PAVED TRAVELED RIGHT-OF-WAY NO RECORD FOUND) AND COUNTY ROAD 369 (A DIRT ROAD NO RECORD FOUND); THENCE S 01029' 28" W, 3,020.79 FEET; THENCE N 88029' 00" W, 1,211.97 FEET; THENCE N 88024' 04" W, 595.03 FEET; THENCE N 00022' 19" W, 762.13 FEET; THENCE S 88020' 59" W, 967.26 FEET; THENCE N 00046' 25" W, 1,103.04FEET; THENCE N 01017' 03" W, 1,185.56 FEET; THENCE S 89017'12" E, 1,496.78 FEET; THENCE S 88° 41' 41" E, 591.09 FEET; THENCE S 88038' 16" E, 810.84FEETTOTHE POINTOFBEGINNINGAND CONTAINING7,817,617 SQUARE FEETOR 179.468ACRES MORE OR LESS. Thisdocumentwas preparedunder22TAC 663.21, doesnotreflecttheresultsofan on thegroundsurvey, andisnottobe usedtoconveyorestablishinterestsinrealpropertyexceptthoserightsandinterestsimpliedorestablishedbythecreationor reconfigurationoftheboundaryofthepoliticalsubdivisionforwhichitwas prepared." ExhibitA - Page1 BEINGA TRACTOF LANDSITUATEDINTHE MARTINMOORE SURVEY, ABSTRACTNUMBER 649, COLLIN COUNTY, BEINGALLOF THATTRACTOF LANDTO KAYASAHOLDINGS, LLC, RECORDED ININSTRUMENT NUMBER 20190807000946750OF THE PUBLIC RECORDS, OF COLLINCOUNTY, TEXASBEINGMORE PARTICULARLYDESCRIBEDBY METES AND BOUNDS AS FOLLOWS: BEGINNINGAT THE SOUTHEASTCORNER OF SAIDTRACTTO KAYASA HOLDINGS, LLC, AND THE SOUTHWEST CORNER OF A TRACTOF LAND TO ANNA HIGHSCHOOL ADDITIONVOLUME 2011, PAGE 176 OF THE PUBLIC RECORDS, OF COLLINCOUNTY, TEXAS; THENCE S 87037' 19" W, 305.11 FEET; THENCE N 00042' 02" E, 349.90 FEET; THENCE N 89016'32" W, 299. 87FEET; THENCE S 00043' 07" W, 365.55 FEET; THENCE S 87053' 01" W, 680.29 FEET; THENCE N 01016' 12" E, 1,825.73 FEET; THENCE S 89011' 16" E, 1,266.20 FEET; THENCE S 00042' 28" W A DISTANCEOF 1757.83 FEETTO THE POINTOF BEGINNINGAND CONTAINING 2,177,993SQUARE FEETOR 50.000ACRES MORE OR LESS. Thisdocumentwaspreparedunder22TAC 663.21, doesnotreflecttheresultsofanonthegroundsurvey, andisnottobe usedtoconveyorestablishinterestsinrealpropertyexceptthoserightsandinterestsimpliedorestablishedbythecreationor reconfigurationoftheboundaryofthepoliticalsubdivisionforwhichitwas prepared." ExhibitA - Page2 BEINGA TRACTOF LAND SITUATEDINTHE F.T. DUFFAUSURVEY, ABSTRACTNUMBER 288, COLLIN COUNTY, BEINGALLOF THATTRACTOF LAND TO OAKWOOD VILLAGEAPARTMENTS, INC., RECORDED IN INSTRUMENTNUMBER 20171201001594200OFTHE PUBLICRECORDS, OF COLLIN COUNTY, TEXAS BEINGMORE PARTICULARLYDESCRIBEDBY METES AND BOUNDS AS FOLLOWS: BEGINNINGAT THE NORTHEAST CORNER OF SAIDTRACTTO OAKWOOD VILLAGEAPARTMENTS, INC., AND THE NORTHWEST CORNER OF A TRACTOF LAND TO JOSE FACUNDO & JOSEFINA0. FACUNDO VOLUME 4625, PAGE 759 OF THE PUBLIC RECORDS, OF COLLINCOUNTY, TEXAS; THENCE S 00031' 02" W, 245.38 FEET; THENCE S 00027' 51" E, 1,574.05 FEET; THENCE S 00024' 40" W, 868.25 FEET; THENCE N 89008' 54" W, 988.59 FEET; THENCE N 88050' 11" W, 851.70FEET; THENCE N 00033' 18" E, 2,640.14FEET; THENCE S 88027' 53" E, 34.21 FEET; THENCE S 01016'12" W, 36.09 FEET; THENCE N 87053' 00" E, 813.02 FEET; THENCE S 89028' 03" E, 336.61FEET; THENCE N 87039' 22" E, 628.19 feettothePOINTOF BEGINNINGAND CONTAINING4,837,814SQUARE FEETOR 111.061ACRES MORE OR LESS. Thisdocumentwas preparedunder22 TAC 663.21, doesnotreflecttheresultsofan on thegroundsurvey, andisnottobe usedtoconveyorestablishinterestsinrealpropertyexceptthoserightsandinterestsimpliedorestablishedbythecreationor reconfigurationofthe -boundaryofthepoliticalsubdivisionforwhichitwas prepared." ExhibitA - Page3 h Y fpLM M1Y{ WKY411{hf/! MATCH LINE PAGE 3 31wassm-N now %was MATCH LINE PAGE 2 3342 34" 35 V 30 26 31 I MATCH LINE PAGE 3 Eastman magmas as so mmulon. 21 33 11 1. -e MATCH LINEPAGE 2 3 25 A A 3i 4 24 34 no e- . ff" . - -. I . t\ .. " - % \ - 1 23 350 " I 0 -- \I .. %, k "A . .11 k L-4 30 A- 2 i T. 213 1 37429 2 ----------- r--STRE33 MAFE6 •:'12 VICINITYMAP 3 1 •JL 27 j 10 13 00 4-' 4--4 SITEINFORMATION M 14 PMF.6WSF-7JC-1 j(qZONING: 71 ` I 30- 1I i 1 411-4 1 " 11 I 1 15 1 : 24lI MLANDUSE: 0SINGLEFAMILY & MULTI-FAMELY i1313 -L.j -1-1-.-LL-A i LOTAREA' 14.858.751.6 SO. FT. 1341.111 ACRES i 14 9 14 SINGLE-FAMILY L-A 17 ?2 1SF-Z SF-50 u t 6121110109a7 12 2126 16MIN. LOT WIDTH: 40' MtN. LOT WIDTH: 57 IT' It . . I "J MIN. LOT DEPTH: 100, MIN. LOT DEPTH: 12W All cl 13 LU 1 20TOTALNUMBEROFLOTS. 537 TOTAL NUMBER OF LOTS: 664 12 25 LU KDIcl) L ,I14. 13 15 16 17 le 19MULTI -FAMILYTRACT M,—w= A I I I 4 12 1 A r- is A 24BUILDINGINFORMATION13 O&A.0041 3STMAY-TW tS SUDA041 23T09x&vL"t3 cd2a SAD= 3 33roRnML"ft v 14', STREETC -------------- DOC 8loKffzWL"Tz WaDme 35t(MIPUL"Is t--STRE 23' -J IkA 13 o 9 ow Wv=" LIM 31:TokAWLW:: 17l26M"&WW4; MEMO loft&,A tAA S&AZO46 311TOW&WUMTS L"ocu3 &TOM" umis it, T: 2 3 4 5TOTAL # UNITS: 600 1 2 3 4,, 5 14 1 7 a LU 9 10 1 P, 22 BUILOM HEIGHT. 3 STORIES MU. 4b 2115 tw. 4L It" SUIDING HEIGHT. 45! MAX. I15• i .; A: 23MULTIFAMILYUNITSGODIS2r - - - - - - - I , i' 2020W PARKING: IU) i 10 9 a 7 a 17 22 21 20 0 18 IT 24 REQUIRED: 21 16 15 14 t31200SPACES ; 12 19 00is PROVIDED: 1228 SPACES 22 25 IfLEGEND j r23 -78TRE ------ '-------STREETA STREET A ---------- a. wuavx J Ml24. + 'I z MVOWup" ;1 19 26 wmiDrrwwuar TorL ropoGpAp"T 0 j- --- 0 ---- : ; Q) —7— —L- co25 1 WA12345 -6 1 N, 20 21: 22 23 24 T 35 -3S 34 33 32 31FAFTTrT - - - ps i LU 30 24. '28 7 28 PAVEMAT 7 ED LPREJEDJ- N89*08'54W 988.59 pxm ANDWIT r Sip J J 117 41 t EXHIBITB ' , = - _ --A - ;A.- L PROJECT NO. MEG20002 OWNERS DEVELOPER PLANNER ENGINEER CONCEPT PLAN FOR FILEPATH J: JOB% MEG20WMNT%ZONING%CONCEPT PLANOAKWOOD VILLAGEKAYASA HOLDINGSLLC APARTMENTS INC ANACAPRI DRAWN BY MRB84OVERLOOKPILEXWNGVO4r & `AG` ZONING RYE. NY 10590432USR11PELOTONREVIEWEDBYDAK84OVERLOOKPL MEGATEL HOMES I . . - - RYE. NY 10580-33452701CEDAR SPRINGS ROAD LAND SOLUTIONS DATE NOVEMBER 4.2020 NORTH jY & KC LLC KIM YOUNG & SUITE 700 TIM MUELLER 1IODDFRISCO STREET DATE REVISIONS alaw24W3W2708AMHERSTAVE84OVERLOOKPLDALLAS. TX 75201 SUITE400DALLAS, TX 75225- 7901 RYE. NY 106603345 FRISCO, TEXAS 75033 GRAPHIC SCALE REpmeNTATIVE CONTACT. CONTACT: ZACH tPOUR PHONE: 469-213.1800 MATIDN41rY GRAMIA CCOL&M.10" NOVEMONOL4 AMLU ZACII1pou;tCONTACT: DAVID KA1HOEFER 972-33"159 MATCH LINE PAGE 4' V, MATCH LINE PAGE 4 man 160 Ifflomeml .1vom mumamom as I so MATCH LINEPAGE 3 MATCH LINEPAGE 3 A.- LO E) G - 1 LOZ-1 AC, F FIDA G. N89*18' 32"W 299.87U WA toil 0 L T 1 01 VICINIrfMAP SCAL1.10A f9. 5 UWJILLI SITE INFORMATIONmnlimrTmTi ZONING, PD- SF-0SF-M-1 z LAND USE: SINGLE FAMILY & MULTI -FAMILY J- N87* 3922*E 653J4 V* ........ 9-W30.18 semn -------- LOTAREA- 14, 658,751A SCL Fr. 1341.111 ACRES J ---------------- 7 — — — ---- ---- STREET W_*r ---------- 4 813.02-- SINGLE-FAMILYS89*W'03'E 335.61 ---------- 4-- N 03' z -STREET ------ IT IIV `in. - (l::- 7 SF-ZSF-50 II I MIN. LOT WIDTH * 40' MIN. LOT VADTH: 5crMIN. LOT DEPTH: 1w MIN. LOT DEPTH: 120, TOTAL NUMBER OF LOTS: 637 TOTAL NUMBER OF LOTS: 554 %J lull I 2 cn 3 M 22 21 I , -,- 2 I 3 zz 21 1 20.. 10 1 2 I ',' 43 0 iI2_ 3— 0 b; , Ir 2 f5 r _zjI I+ ;:ri' —%_ I 5 67 8 3 N I tm`vs., , — - 0 MULTI -FAMILY TRACT 44 19 4 19 I—"!ir1, I ? i fi — 42 II — r T i — —!i 4 BUILDING INFORMATION 5is 5 Is 3-1 a 41 7 7. I . 5 3510Fwwtom VJLO04 1 3 STORK-W W OLA-0042 3:1OWSWWAIS K&MG6 32109KSWLMTS 3 Sk" ITOWSWUWS61-4.00AS 3 STORNAWN WTS SIAO"4 4 33 " D 2 17 1 8 17 5 lob 1 16 15 14 13 II 40121; 10 `9 WILOP4 , .,DRE w PA.0046 ) STORE*%= a 12 1 3xTf00&f4* EAW" LWSMSWUALLOCOM Iaw tv L j_'.2j z . I ! i STR 7 TOTAL PUNITS: 600 iEET H 7f BUILDING HEnW: 3 STORIES MAX. 38 W 14 w ----------- (A BUILDING HEIGHT: 47MAX. MULTIFAMILY UNITS z10 i 1 4 j'_S 6 -17 a 600 to13110132037 PARKING: —4 — 4 +- "f j . 419 ! Is.., i JIcc1 0120121P10REQUIRED: 1200SPACES '38 PROVIDED: 1228 SPACES 7-7 W —721 ........ j . T, Ow ------ 7 ST__j.___4 -------- --------------- LEGEND ..-161 14 13 12 LL 351301RAW42 • T 17 — — X-M.'spral. .1 , 11 - 7`3 12 UNE 33 j 14 4r.34 TOL13 X 0 M 19) 10 i12 nJODOFLAW I ------------ 2 1 32 t *-----STREET ------- LrAT WTWWl — — — FVT50ACMX ------ - I XWE 3), ......... j 3t7lPk%W ED 40 1 i 'I t 7 C31 F is 3 144 PAVEW141rI ow 32JU81 6 -77 5 '715amigW% 4 130t -, F., 1 12' 3 4 IF13V 31 I . — - _11 1. 1 - _T 3 L A.••I I• . , 1, Is CAM %1' TSktau1-1. \ . % 6 U 20 0: A 7. 12s 22 %•' *. % . % 10 2119 27 A13 & 21 2D2 26 27 24 IS 3 - - . 11 -71 2 23 24 • 24 30 A 25T,>' - 2 0 275A 26 0. 21 Al MAT 29 3 % 26 30 EXHIBIT B i;' •% -A •28 MATCH LINE PAGE3XIs1 \, \ 31 MATCH LINE PAGE 3 imassa mmows m v amorous, a. a 0 on Motown le. MATCH LINE PAGE 2MATCH LINEPAGE 23 < 33PROJECTNO. ME020002 OWNERS DEVELOPER PLANNER ENGINEER CONCEPT PLAN FOR FILEPATH J: JOB\ ME020002\ENT\ZONING%CONCEPTPLANOAKWOOD VILLAGEKAYASA HOLDINGS LLC; DRAWN BY MRB APARTMENTS INC ANACAPRI 84 OVERLOOK PLEXtST04 "4r84 OVERLOOK PLRYE. NY 10580-3345 1101 PELOTION REVIEWED BY DAK -3345MEGATEL HOMES RYE. NY 10580 2701 CEDAR SPRINGS ROAD LAND SOLUTIONS DATE NOVEMBER 4.2020 NORTH At. JY & KC. LLCKIMYOUNG & TIM MUELLER SUITE 7001100D FRISCO STREET DATE REVISIONS 2708 AMHERST AVE 84 OVERLOOK PL DALLAS. TX 75201 SUITE 400 DALtAS. TX 75225- 7901 RYE. NY lOSSM345 FRISCO. TEXAS T50M REMMEWATM COUrACT.* CONTACT: ZACH [POUR PHONE: 469-213-IOW SSTUATWINEM DFANh6kCO"NCO1ftTV TLW GRAPHIC SCALE ZACHIPOURCONTACTDAVIDKALHOEFERwMam" 4. So* PAM 3 OF 6 MATCH LINE PAGE 5 I i MATCH LINE PAGE 5F..............1.......................fF. 1.?.................i.'......}..........................s..{.................................................................................................:................1.........................,......................1 MATCH LINEPAGE 4 ! ;, ! MATCH LINE PAGE 4 ry\ 1• ,, i ' t i I i •,-`.fly: ! ; r r ,i •. 1 •I• -, ` I ' I 1• ' . I 1 I t .. r w1w +Hero ''ti.+lr 1 I'` , ` ' I ; •.1i11 . / t•.t t„ aet•il"wraasrl . J 1 I i-'' 1 ! -= . 4 ;{ ; ' .! - ,y'•i _' • '• ' ; •- < alSi. Yl wswrD4tBoitr61r6CL (' I 1 ! ' 1 r •I •t `f ' •.)' / r/t 'i '.. r:S1i,C 1 I 1 • r .:t .r r ' •IS' f: .J,1 .. t 1.•. f _`^ r------•-•--_-,....----------•v ..................---------------------------•-- '--...-------- 7-....----• - s t •-, MAP -- — ---- ---__ — _ _ `• ...- _ - - - SGLLl:KIS. - - '!•-rl---_-----t—'1'. - S'_`-ice' _?_,C `''ii---• '--------------------- VICINITY•.`: •` --- C:. '';}•-- v^ = ~-4 /j •',,1 •,, I, ' a _/ ,I •_ ..- , -_. DTI-'=- rt-7-:rl .--. -- f , . .Sr SITEINFORMATION ------------ - - -- -- - --- -- - — --- i 'i ;;',;t ., •, / ' ., ;-,, __ '.------_ — _ _ __--- -----= ------ ZDNING: PD-SF-6D1SF-Z(C-1PDSFSOJSF,ZIC-1— LAND USE:'SINGLE FAMILY MULTI -FAMILY _ i l S, i; ; ! ; ' ', _ I _ I , • _ , _ - - -- -- _ _ _ - LOT AREA 14,858,751.6 SO. FT.1341.111 ACRES 1 , SINGLE-FAMILY Iti f;;; _ _r':3 Y ,. _... AG e- MIN. LOT WIDTH:40 MIN. LOT WIDTH:50 i iy;il MIN. LOT DEPTH: 100' MIN. LOT DEPTH: 12W ' t 1 7/ ' S89'11'18-E 1268.20TOTALNUMBEROFLOTS: 637 TOTAL NUMBER OF LOTS: 654 MULTI -FAMILYTRACT t I BUILDINGINFORMATION k ,i 1' 1 ' • 7 r_ s,' - SULM41 3S1ORRAMWIS VJRJ"1 Isloalcss umis r; l _ •/ ana+Gs IaroAcawolwfa 114"Kaa aslaa7Easo alra 1. ' 'o ' . , I _ _, ;_•`' % ^; r 1 weotNc3 Isroarasol/ara owunwoI2S10f1ESMUMIS • ' s rr 'e'e 1tD t 1 i 1 1 1 iDUs_olaceIS1ORILWL-Mls &MDM112 ISTOtt F7Uf0 ututa tDA ; t , , , I •f7:, t ' waoruGl leiONRiN01Mr1a WIRL OItaSTDaEa/IOUMIS ' . • ' ,+ /' 1 (! /r-/ ' • , r' , , w1 an+o S IsTOarasu aria DULLD04r.1s ISTONEW LROS ell, 11 It + ! ' , ' I f TOTAL I$ UNITS: 600 t r •, ! i ;1 BUILDING HEIGHT: 3 STORIES MAX. BUILDING HEIGHT: 4S MAX i 1 1u / T _ - t w i - MULTIFAMAY UNITS Wo ! 1' ii; ; /'/• () T _ " i , jPARKING:FIEik ,1, ,• l' _ . . - ' +1 I REQUIRED: 1200 SPACES S . . • ' ` / '' ? '1 i S _ _ _. PROVIDED: 1228 SPACES LEG4w' • $ f7lLKT Y r"foEO .. •.: ` ' MIWe M7dOOl LYiE PAItCE: W urt 1 I ' '1 , I ': , - ,1 we a:o w:lcwtntcD 1p MK MW •' TOPO Pw -----• SOyYfilA .i i 1 I i •I 1: I ./ i //• / ' \ + ; J, nOODPLAIN EAISTNG _ Pltpp sS D D _ . _ _ /',' I. • _ / ' I f r i I` .. _ . f:15E1E)It..i % '-. / ;' . , • PAVEMNI iAEO O ® CDIMACSOR' ..-•--•------------------- by ; '11I . '' iI ' i •,i ' _ _. t , - _ IAME A ' ' • ' _ .. BO,dIN7AR1. .. •.. X. .. m un ;_' I m. taew . G 111RT9 !G'Y -r -!j ',' i 1• `•l / e' .• , ' •-_-." Y • ' I r • r /• a • :• 1 r ,'I lip is a; I' 1=;'' .f: ' ,. :/ , '- • r - I`, - t i,a` 1+ I l,,t I.. 'f'f — ' i • co r' 1' - ! i• i' .' - 'il,; •, •.'', .* I, W! 1, r/ •' ram. .r , , _ ti_. -- twi`i` i1rm ,/ ;: + , ;/ ^'',`; izi ' ; ,•t is ' I i,•_'' ', Y .v •.^. L ' fir• I • I 1 I`1111!, 111111 {JI, / r, I(IO V) , + LL r' l ' t I 1 I • EXHIBITB MATCH LINEPAGE 4 " I I ' MATCH LINE PAGE 4 sa s ss sssssss sis sr}ass iwa r ifa_ss-irrsi rs rri rs r`I s •1 II ,s s r r Mr iti s rr r s Y rrs sNr ssirrrss s s s is r rr s s sass ss i rr s s s s r rsr ssiJ MATCH LINE P' MATCH LINEPAGE 3AGE3 PROJECT NO. MEG20002 OWNERS DEVELOPER PLANNER / ENGINEER CONCEPT PLAN FOR FILE PATH J:JOBI MEG200021ENTiZONINGICONCEPT PLAN OAKWOOD VILLAGE KAYASA HOLDINGS LLC DRAWN BY MRB APARTMENTS INC 84OVERLOOKPL Ii11 P E LOTO N EANACAPZONINGRI REVIEWED BY DAK 84 OVERLOOK PL RYE, NY 105803345 s cwlA wa RYE. NY 10580-3345 MEGATEL HOMES Y.. f•1. 4,Oq 4L V Y101. K W IPIOR u,9A W 1. Y191. \ •O w.l•.O W w..•IY1. H. Y4lOM NORTH 2701 CEDAR SPRINGS ROAD " +rw+. wu ww•+•o la•wer•un u.w wea-•.oaww•runu wr+runw a. r. r•w DATE NOVEMBER 4, 202DSOLUTIONSu.uxeOM.w.•10-MVHOr.MwlL.M11QVY11a,Y WIY1101f rwl•lWr.tWR SUITE 70D LAND n. w oe+ nn nw wa« un.•a.uv wa.aw...wnrr o.«aww •w. on. rw... JY& KC LLC KIM YOUNG & TIM MUELLER 11000FRISCOSTREET unwe...ar..,rV,.yw ro..aa•www..•,wen.,.wun+s.»or«ue.unon rR Ham ofw w fs. w w• rrwn •« w• arfof.w o •r•w •e o •f .or. a w ,u:r,on w we,•r DATE REVISIONS o tw 2w my 2708 AMHERST AVE 84 OVERLOOK PL DALLAS. TX75201SUS 400 DALLAS, TX 75225.7801 RYE. NY 105803345 FRISCO. TEXAS 7S033 wlDal.1.+1AMTRACT Oruwtoasm CONTACT•ZACH( POUR tirn.r.ovr.utwaMa iowcaluAmkca e.warew7Ltalatwlsfuavo..Aylw REPRESENTATiVECONTACT. PHONE:489-213-1800 alwraDrcmosAalEftI uwcowtrsvrt GRAPMC SCALEZACHIPOURCONTACT: DAVID KALHOEFER " :c/ eel: I' 972-339a15e MATCH LINE PAGE 6 STREET 124; --------- "J ar41 Is 1 itnlvItnmfires.. mmw;;;.L !p• mrsawall! wu a a MATCH LINEPAGE 5 39 38 37 3444434241409x 10 Is LLJWLu 35 j 14 1 2 3'. 4 J_ J 34 12 1, 13 -STREET N2->-- L. 33770".,A 11 L ----------- I-L C STREET J2---, 7 22 3I'll 2 3. 5 5 7 9 f. 30 w LLI r 4L71 zo 1 11Fjj 10 1e 17 14 13 12, 10 26 12 25STREETM2: ------ 13 24 04 z 23 15 1 W LLI .1w 21 17 20 17 16 15 14 13 12 11 10 gr' PROMMM LM j 7 K-=--------------STREET P2 11-11-11-1-11-1- A SgS,20SM967.25 3 MULTI -FAMILY TRACT BUILDINGINFORMATION MUM ; 3 5TOFNEMM UAM WJLDM I 3&T04XW4UNff3 pAcea lsmRmswwl Moon: 3910qm&wL"TS ma D04 3 gTootlism L441: KAD04 3 stoollwk"fa BULD604 STOMSM LRM w-ODPOSO 3:,tDR*840UWSWALM4, aSMAESW t"T3 OULLVA I , 3 09"WW F3 BUIL Boa 4 1 ScomwSOL"to autom 1, 3waRramuws TOTAL # UNITS: 60D BUILDING HEIGHT. 3 STORES MAX BUILDING HEIGHT' asMAX. MULTIFAMLY UNITS Boo PARKING: REQUIRED: 1200 SPACES Z PROVIDED: 1228 SPACES LEGEND LOTLIMESITEINFORMATION rtltR,V `fmIF Iwo" ToporAA" 700% 2FEW=11ZONING: PD-SF-601SF-Z1C-1 1, p SAEkASEMENTV. IMINE LAND USE: SINGLE FAMILY & MULTI FAMILY PINC4ED30M LOT AREA: 14,658,751.6 SO. FT. 341.111 ACRES p"mSINGLE-FAMILY 1AW WCA"04 SF-Z SF-50 vouNrAw ....... "mocolull, MAN. LOT WIDTH: 40' MIN. LOT WIDTH: 50• MIN. LOT DEPTH: lOO` MIN. LOT DEPTH: 120' TOTAL NUMBER OF LOTS: 537 TOTAL NUMBER OF LOTS: 634 EXHIBITB, MATCH LINEPAGE 5 1 MATCH LINE PAGE 4 PROJECT NO. MEG20002 FILE PATH J:JOB% MEG200021ENrZONINGACONCEPT PLAN DRAWN BY MRB REVIEWED BY DAK DATE NOVEMBER 4,2020 NORTH DATE REVISIONS 0 low mw GRAPHIC SCALE 4" MATCH LINE PAGE 6 pongffiowffi wwww now. U..0 .8809 ou. 0 N.M.. do -Nois. of sim Is is 844.2........ ji ... ow.womemt00008187moms f00 i 1 20 19 IT 16 15 14 13 a MATCH LINEPAGE 5ETH•----------- --- - 12 11 57 of STREETREET P1 ---------------- jis20 21 22 29 27 2 25 r4 7 -7 :-Ci, % 15 14 13 12 11 joIT 9ILumI____ I J, 4 3' 11; ;r ;j! I21 3 4 5 6 X is 19 20 21ED ..Lo• 29 ' 28 1 7 N r---------- ....... REET%cItS 29 II 10Flilf, z5—.1 — 49 f2 3 4 5 T10 3112524232221202 -19 Is 17 is 32Lu ;a L-Lm44uj 12 L_u I M - I U) 'a 17 16 IS 14 13 12 111 : :1; -* I ' X 1 4 1 6 33 lu T a 9 10 11 12 15 37, 14 34' co 4TC ------- ...... 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I Is 2 13 33 15 1 A. 21774, ca . 3 12 11" ;a W 32 is < I i! i I S,- 1 14 m 4 % m 17 31 47 Lu 4 195LLI13,' j) is 10Ill- 3'05 20 > is 12 % is f. cl) 6 1 6 711i1V, I*i W ! . 1 20 28 22 7 1 1 10 1 21 STREET A 27 8 22 23825 1 j 23 H ----- - Y. 24 N88* 241041w592.30N88' 29W'W 1211.97 MATCH LINEPAGE 5MATCH LINEPAGE 4OWNERS DEVELOPER PLANNER ENGINEER CONCEPT PLAN FOR OAKWOOD VILLAGE KAYASA HOLDINGSLLCAPARTMENTSINC84OVERLOOKPILPELO ANACAPRI 84 OVERLOOK PL RYE, NY 10580-3345 MEGATEL HOMES TON RYE. NY 10580-3345 2701 CEDAR SPRINGS ROAD LANO SOLUTIONS ....... JY & KC LLC KIM YOUNG & TIM MUELLER SUITE 700uYiw11000FRISCOSTREETw. =mn- 2708AMHERSTAVE84OVERLOOKPILDALLAS. TX75201SUITE 400 DALLAS, TX T5225-7901 RYE, NY 10560-3345 FRISCO. TEXAS 75033 REPRESENTATIVE CONTACT.' CONTACT; ZACH [POUR PHONE: 469-213-1800 9MIATwolct"PA"Lco"mcotAwTv, m" Awworm 4, am ZACHcPOuRCONTACT- DAVIDKALHOEFER SINGLE-FAMILY LEGEND ! SF-Z SF-50 D'avill, i,D 110 atoni"01 UK LOT WIDTH: 47 MIN.LOTWIDTIt sD• -----• TorM., MIN. LOT LOT DEP11t 100 M X LOT DEPTH: 127 ffi,5[air'ur --- ttacc ••_-•- EIMiWs . TOTAL NUM SM OF LOT& 637 TOTAL NUMBER OF LOT& 654 MULTI -FAMILYTRACT —`°°` BUILDINGINFORMATION --- 0u u ® cow I raanf sammmrY.ns raver sleDlsaa•r,ac,a I wow, sMnm?Lmlb a,asso• ssrafa•ar,ans row ..... swant ::am)-ww..m razin farD,a,s•,uurs wopc• saroaaslfruau sl+aanlefsrora,ulslra YI• a 0., lu•aasnrwfs Waa•w, rf ,i,Y.iA.N11a some ) a,oaunf= r aau ,slowssawn ""• n VICINITY MAP TOTAL # UNITS: 600 1 aous:,• r BUILDING HEIGHT: 3 STORIES MAX. BUILDING HEIGHT: a MAX. SITE INFORMATION MUL71FAMI.YUNITS 600 PARKING: ZONING: P"F-MF,ZfC-1 REQUIRED: IMO SPACES LAND USE: SINGLE FAMILY 6 MULTWAWLY PROVIDED: 1228 SPACES ND OttOa'a,w01t,4ftgdLOT AREA 14,858,751.BSO. F'LG341.111ACRES r2pLD 889'1T12• E 1496.79 u i 1 2 3 4 5 8 7 8 9 10 11 12 13 14 15 18 1 L. 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LOCATION OF EXISTINGFEMA I100--YEARFLOODPLAINSBB'4Ill 1'E ...__--__------ S88'41'41'E 401.13 1B9.9667 8 9 10 11 12 13 14 15 18 17 18; " 19 20 '• i i IwoSTREET K1---------- — --- i--r-- ----- ----- ___ r ,3 I I •1 1 '2 4 5 8 T' 2 I i I 2I. i I ;--- - -'-- i•' __ ; ; 'J 3 15 14 1] 12 11 10 9 In ® i !'• 1 l IS I i STREET J 1m I ,'':1', • t a; , . i if I i 2 3 4 S 8 2 e l i-- - -- - - I 1- 15 14 13 12 lij tD g •`!T ! 1 I 9 it 5 _' l i i----------- -=STREET J1'------------- 12 23 4 5 6714 m 9 I ! ! i 16 15 14 13 12 11 10 it I I 15 10 1 . Tf l 1 iIS 24,' I a; _ ®— , — -- —r14 10 1 ! _ '' I—' !------- ---=STREET 18i' 17 18 15131211'- --------;---- j ( 17' I:• In ry•. e•-•...._. _.._ ._ - 1 1,,, _. _.._ _.__ _.•_ I 1 2---= _ 112 I `iL- ( , I f - -- - - - ••:-ram _r.. - -_ ,• • ! -.; f) i !3 ,ALL 11Y•rY•r • 1 `I 1 .i• v 1 2 3 • 1 , r' 11 21 20 20 21 22 F- STREET 02 MATCH LINE PAGE 6 IiI J.,>. I 1s ; 1. a,f .,• , MATCH LINE PAGE 5 ftPROJECTNO. MEG2DDD2 FILE PATH J:JOB1 MEG20D021ENMONINGICONCEPT PLAN DRAWN BYMRB REVIEWED BY DAK DATE NOVEMBER 4, 2020 DATE IREVISIONS13 24 25 26 ? 1 28 29 rt0 \ ! = i i14 ` i ! i - i :c;:',,- . - -- I ( 31 i15 1 i I 16,--15• 14 13 12 11 : I i 10 L! I iI21Ii REET 12--------- i i _,' ,!, 1 ( t6 , ! - - 1^ - `' __ •_ 1 , 1 22 1MY Gtiii ;ii -? i•i • a • 1 Ii •Y sw ,aaa ll1'9! - • M a i•-_'•.": t 33 T --- I ; c r r .. ; I 1.750 - j L--------- i I • 1 STREEiitT T H1•+------------ • 1 IOWNERSDEVELOPER OAKWOOD VILLAGE KAYASA HOLDINGS LLC APARTMENTS INC 84 OVERLOOK PL84 OVERLOOK PLRYE, NY 10MG-3345 MEGATEL HOMES NORTH RYE. NY 10580- 3345 2701 CEDAR SPRINGS ROAD KIM Y 111w 1aV sea 2708 AMHERST AVE 84 L LLER SUITE OVERLOOK P DALLAS, TX 75201DALLAS. TX T5225-7901 RYE, NY 10580.3345 CONTACT: ZACH (POUR REPRESENTATIVE CONTACrGRAPHIC SCALEZACII (POUR972a39-0NS9 EXHIBITB al,gaVtpy W 0[ ED f VOM111T1'1N4L61fD fu • -floc10"I LIDMaaIF", 1- ---- - - -}_- - S88.38'16• E 810.84 t• 1' _._.._.._.._.._.._.._.._.---•-••-••-••-•--•-•--•• ij 4 5' 8 T 8 9 C1D 11 E-121------•--------------- STREET K------------------ J. 13 14I ! 16 10 1 m j , 1 20 19 18 17 ' 16 15 14 13 12 tt ! . i ; • I 17 to STREET _ r i I i 20 1 2 3 4567e9t0 ! i i `; I i aA7•L ar,u iI t-.f iti.Tr•i;. -- - - - - - -- - -I1 1-',' I j! I r 22 i 20 19 / 8 17:; 16 15 14 13 12 11' ! ! i I 1--- - - -- ! O j I 23 24STREET M1-"------------------- i I 21 2 3 4 56789101112 ;!! I 28 i 1, 1 k3 22 21 10., t ' 19 18 17 16 15 14 13 ! I ; „ ; • ! ' Cl)i I 2 X -----STREET Q1--------------'' MLUmWI r 2 3 4 5 8 T 8 9 19 ! r f,. _ — — -- MATCH LINE PAGE 6 400 Li• r'Winston rrr rrr rrr rr r r T rrlErr rra'r 1 • o zflts,lsfn 1615to131211IIMATCHLINEPAGE5PLANNER / ENGINEER CONCEPT PLAN FOR li! lANACAPRI EXISTING7•R0M' AO• ZONDNO P E LOTO N iwKWr,a..,R uraaw uw W eu i'u+""iIpusaoffw w wreaon.•. aelan wK urwnY wrK W9,w W ,a.rYliWl-aYn Y W W l' Ifl1• q W Yf K Wf! Y ,N 4 Ya0}fY M W r,01 wrwut.ras •,.uln • •lV rarnrK V r,en 4,e V Ya.l• k rrf W r',M• H wrN a.,ra•. W n LAND SOLUTIONS n 4i:'a"'a....,na,+ ..•'ion.i'iu.r'•iw"'iiif"'•u « .a }WaY'n" u1O'ifo. ew',wYi wn i inuno :p11000FRISCOSTREET Iram, Y.YeunYw Wfe,Yn a,•uwe sear, u.f,a.•a,a u.rarnaar w.nwn.r. a' - SUITE ae•am.a.rr. rswra.-o.uwwfa. KWwaonw. w•n},orµ,a aa,.ar•rra,W•caY,•a. 400 Yw.a o„arar..w,rnarw.wa., 4[YaY...w..•u,rWn.mraWu FRISCO, TEXAS 75033 EE+De>.,•fa.o,lc*,,. c*wwoaousEn N TIE F,T. Da,fMr D3raYEY, a.YL•: .MIN1100RL AKYEY A•f•aRlERDKRra lI,R,'EY.IWIaEPHONE: 469.273-1800srrwT W cm ortM"fcoos.wwm Tvas CONTACT: DAVID KALHOEFER NOPACEEIOf 8 EXffiBITC PhasesandAmenityTimetables PHASES AND AMENITYTIMETABLE Initialphaseofdevelopmenttoinclude: FergusonParkway (2 —easternlanes) fromsouthernpropertyboundarytothe RosamondROW. Sanitarysewertrunkmainfromitsexistinglocationtothepropertyboundary. The Lagunaand restaurant. Approximately400single-familylots, perthePhasingExhibit. Approximately300multi -familylotsadjacenttotheLaguna. TheMF Collector, as indicatedontheRoadwayExhibit. Subsequentsingle-familyphaseswillbeconstructedasthemarketdictates, assumingan initial annualabsorptionof250single-familyhomes. P E LOTO N ANACAPRIPHASINGEXHIBIT . LAND SOLUTIONS ANNA, TEXAS I DECEMBER 08.2020 GWHIC SCALE EXHIBITD AuthorizedImprovementswithBudgetedCostsbyPhase ANACAPRI - ANNA PID SUMMARY BUDGET 12/22/2020 PHASE1- PID PHASE 1- DIRECTAND MIIMPROVEMENTS MIROADS MI SANITARY SEWER PHASE 1 TOTALS PID DIRECT PIDMI PIDMI PIDMI DIRECT, PIDMI MISCELLANEOUS COST - ENGINEERING, CONSULTING, CITYFEE 1,631,473 692,213 596,126 134,832 1,631,473 1,423,171 EXCAVATIONAND EROSION CONTROL 569,890 0 339,464 28,876 569,890 368,339 WATER SYSTEMS 961,360 0 369,674 0 961,360 369,674 SANITARYSEWER 1,054,439 0 0 738,671 1,054,439 738,671 STORM SEWER 1,537,528 0 1,059,280 0 1,537,528 1,059, 280 PAVING 1,599,046 985,469 1,708,704 0 1,599,046 2,694,173 SITEFENCING / RETAININGWALLS / LANDSCAPE 57,938 1,123,300 10,005 0 57,938 1,133,305 DRY UTILITIES 90,000 0 129600 0 90,000 12,600 TOTAL CONSTRUCTION COST 7,501,673 2,800, 982 4,095,852 902,378 7,501,673 7,799,213 FUTUREPHASES (2A - 4) - PID FUTURE PHASES- DIRECTAND MI IMPROVEMENTS MIROADS MI SANITARY SEWER FUTUREPHASETOTALS PID DIRECT PIDMI PIDMI PIDMI DIRECT PID PIDMI 1,886,937 1,007,092 642,420 55,219 1,886,937 1,704,730 1,081,574 0 319,939 6,130 1,081,574 326,069 2,370,970 0 458,822 0 2,370, 970 458,822 2,293,617 0 0 309,663 2,293,617 309,663 3,938, 924 0 872,926 0 3,938,924 872,926 4,457,187 2,209,444 1,787,145 0 4,457,187 3,996,589 132,126 3,051,675 9,570 0 132, 126 3,061,245 99,000 0 72,000 0 99,000 72,000 16,260,334 6,268,211 4,162,820 371,012 16,260,334 10,802,043 OVERALL PROJECT TOTALS PID DIRECT PIDMI 3,518,410 3,127,901 1,651,464 694,408 3,332,330 828,495 3,348,057 1,048,334 5,476,451 1,932,206 6,056,233 6,690,762 190,063 4,194,550 189,000 84,600 23,762,007 18,60I,255 PHASE I - CONSTRUCTION COST 7,501,673 2,800,982 4,095,852 902,378 15,300,886 FUTURE PHASES - CONSTRUCTION COST 16,260,334 6,268,211 4,162,820 371,012 27,062,377 ALLPHASES - CONSTRUCTIONCOST 7,501,673 2,800,982 4,095,852 902,378 1 16,260,334 6,268,211 4,162,820 371,012 42,363,263 EXHIBIT :DA-1 DevelopmentAgreement DEVELOPMENT AGREEMENT ThisDevelopmentAgreement (this "Agreement") isenteredeffectiveasofDecember, 81 2020 ("EffectiveDate") betweenandamongtheCityofAnna, Texas, a Texashome -rule municipality ("City") andJY & KC, LLC,("PropertyOwner") asfollows: RECITALS WHEREAS, thePropertyOwnersarethesoleownerof95.444acresofrealpropertydescribed inExhibit1anddepictedon Exhibit2, (the "Property"); and, WHEREAS, thePropertyispresentlyundercontract (the "Contract") tobesoldbytheProperty OwnerandpurchasedbyMegatelHomes ("Developer"). WHEREAS, PropertyOwnershave, attherequestofDeveloper, appliedtorezonetheProperty toallowforPlannedDevelopment -Multi -Use whichwillincludethefollowingzoningdistricts withmodifieddevelopmentstandards; C-1 RestrictedCommercial (C-1), SF-60Single -Family ResidenceDistrict (SF-60) and, SF-Z Single -FamilyResidenceDistrict - Zerolotlinehomes SF-Z); and, WHEREAS, theCity's Planning & ZoningCommissionand CityCouncilhavegiventhe requisitenoticesbypublicationandotherwiseandhavescheduledpublichearingswithrespect totherezoningofthePropertyasrequiredbylaw; and, WHEREAS, inthecaseofthePropertybeingrezoned, theCityandPropertyOwnerdesireto enterintoadevelopmentagreementtoestablishdevelopmentanddesignregulationstoensure thatfuturedevelopmentisappropriatefortheareaandfitsinwellwithadjacentproperties; and, WHEREAS, itistheParties' mutualintentthatthisagreementshallgovernonlythesubject matterspecificallysetforthhereinand shallsupersedeprovisionsofAnna CityCode of Ordinancesand otherregulationsand adoptedpoliciesoftheCity (collectively, "City Regulations") onlytotheextentthatanysuchCityRegulationsdirectlyconflictwiththeterms ofthisdevelopmentagreement; and, NOW, THEREFORE, inconsiderationoftheaboverecitalsand themutualconsiderationas reflectedinthecovenants, dutiesandobligationscontainedherein, thesufficiencyofwhichis herebyacknowledged, thePartiesheretoagreeasfollows, effectiveasoftheEffectiveDate: SECTION1. RECITALSINCORPORATED. The recitalssetforthaboveareincorporatedhereinas ifsetforthinfulltofurtherdescribethe Parties' intentunderthisdevelopmentagreementandsaidrecitalsconstituterepresentationsby PropertyOwners, Developer, andtheCity. SECTION2. DEVELOPMENT STANDARDS / BUILDINGMATERIALS. Withrespecttoallstructures/developmentwithinthePD-MU ZoningDistrict, PropertyOwner agreestocomplyortocausethebuilderstocomplyand anyothersuccessorsorassignsto complywithallCityRegulationsandwiththemasonrymaterialrequirementsand allother requirementsoftheAnnaCityCode ofOrdinances, Article9.04 ZoningOrdinance, Section 9.04.034SupplementaryDistrictRegulations, Subsection (e) ArchitecturalDesignStandards andwiththefollowingstandards (intheeventofanyconflict, thefollowinglistedstandardsshall govern). NonresidentialBuildings A. Atleast80% oftheexteriorwalls (excludingdoors, doorframes, windows, andwindow frames) shalluse onlystone, brick, and/orsplitfaceconcretemasonryunitsinthe constructionoftheexteriorfacadethatarevisibletothepublic. B. Otherfinishesand materialsmay be usedatthesolediscretionoftheCityCouncilif adoptedas partofthesiteplanapprovalandifpermittedbybuildingandfirecodes. C. Atleast60% ofexteriorfagadesnotvisibletothepublic (excludingdoors, doorframes, windows, andwindowframes) arerequiredtobe brickorrockveneer. D. A maximumof10% ofanyexposedexteriorwallmay consistofElFS E. Wherethefunctionofanindividualbusiness, ortherecognizedidentityofabranddictates a specificstyle, image, orbuildingmaterialassociatedwiththatcompany, themasonry provisionmay be modified; however, thedevelopmentshallmaintainharmonyinterms ofoverallprojectdesignand appearance, and suchdesignshallbe subjecttoapproval bytheCityCouncilafterrecommendationfromthePlanning & ZoningCommission. Multiple -FamilyResidenceBuildings A. Allmulti -familybuildingsandstructuresshallhaveatleastsixtypercent (60%), forthe firstthreestoriesofthetotalexteriorwallsabovegradelevel, excludingdoorsand windows, andrecessedbalconyareas (shouldbeallowedasplanebreak), constructed ofmasonry (brick/rockveneer) materialswithno morethanfortypercent (40%) consistingofcementitioussiding (Hardieproducts) orstuccomaterials. B. A maximumof10% ofanyexposedexteriorwallmay consistofElFS C. Roofingmaterialsforbuildingsand structuresmustbe architecturalroofshingles, said shinglesshallbe accompaniedwitha minimum25-yearwarranty. Under no circumstanceshallthree -tabshinglesbeusedasroofingmaterial. Single -FamilyResidenceBuildings (SF-60 andSIF A. Exceptasnotedbelow, theexteriorwalls (excludingwindowsanddoors) onthefirst -floor frontelevationofany structureshallbe 90 percentmasonryand 80 percenton the second -floorfrontelevation. The totalcumulativesurfaceareaoftheremainingexterior walls (excludingwindowsanddoors) shallbe 80% masonry. B. A maximumof10% ofanyexposedexteriorwallmayconsistofElFS. C. SecondfloorDutchgableroofelementsarenotrequiredtobemasonryifsetbackatleast 3 feetfromthefirst -floorfrontelevationverticalplane. D. The masonrystandardsthatapplytothefrontelevationofa structureasdescribedin subsection (A) aboveshallalsoapplytoanyexteriorwallson a structurethatare: (i) adjacenttoand facea publicstreetorright-of-way; or (ii) visiblefromand located immediatelyadjacenttoa publicpark, reservedopenspaceorneighborhoodcommon area, oran undevelopedfloodhazardordrainageareathatisalsoadjacenttoa public street. E. Roofingmaterialsofa structuremay onlyconsistofarchitecturalasphaltshingles includinglaminateddimensionalshingles), clayand concretetile, metalshingles, mineral -surfacedrowroofing, slateandslate -typeshingles, woodshingles, woodshakes oran equivalentorbetterproductas comparedwithsaidmaterials. Shouldarchitectural shinglesbeusedas roofingmaterial, saidshinglesshallbe accompaniedwitha minimum 25-yearwarranty. Underno circumstanceshallthree -tabshinglesbeusedas roofing material. F. Allgaragesmustalsoincorporatewood clad (orequivalent) garagedoorsorwood compositedoorsandcontainatleasttwoofthefollowingenhancements: i. Two singlegaragedoors (inlieuofdoubledoors); ii. Decorativewindows; iii. Decorativehardware; iv. Garagedoorrecessedaminimumof12 inchesfromthegarageface; v. Caststonesurround. vi. Eight -foottallgaragedoors. G. Alldoorson thefontfacadeofa residenceshallbe constructedofwood, iron, glass, and/orarchitecturalfiberglass. SECTION 3. NOTICES. Anyandallnoticesrequiredtobe givenbyeitherofthepartiesheretomustbe inwritingand willbe deemeddelivereduponpersonalservice, ifhand -delivered, orwhen mailedinthe UnitedStatesmail, certified, returnreceiptrequested, addressedasfollows: To City: CityManager CityofAnna 111 NorthPowellParkway PO Box776 Anna, Texas75409 To PropertyOwner(s): JY & KC, LLC 2708AmherstAve. Dallas, TX 75225 SECTION4. MODIFICATIONSOR TERMINATION. ThisAgreementmay onlybe modifiedand/orterminatedasfollows: (a) by mutualwritten agreementofPropertyOwnerand City; and/or (b) unilaterallybyCityupondefaultofthe ProperlyOwner. NotwithstandingtheforegoingoranyotherprovisionofthisAgreement, this Agreementshallterminateandbe nullandvoidiftheCitydoesnotapprovetherezoningof theProperlytobe zonedas PlannedDevelopment -Multi -Use whichincludesthefollowing zoningdistrictwithmodifieddevelopmentstandards; RestrictedCommercial (C-1), Single FamilyResidence-60 (SF-60), andSingle -FamilyResidence -Zerolotlinehomes (SF-Z), as setforthinSection9.04 oftheAnna CityCode ofOrdinances, ("ZoningOrdinance"). The partiesacknowledgeandagreethattherezoningofthePropertyisa legislativeactandthat thisAgreementdoesnotbindtheCityCounciltoapproveany proposedrezoningofthe Property. SECTION5. CLOSING. TheContractprovidesthattheclosingandfundingofthesaleofthePropertyshalloccuron May 17, 2021, unlessotherwiseamended by the partiesto the Contract (the "Closing"). Notwithstandinganythingtothecontraryherein, uponClosingandfundingofthesaleofthe Property, DeveloperoritssuccessorsorassignsshallfullyassumeallofPropertyOwner's rights andobligationsunderthisAgreementandJY & KC, LLC., itssuccessorsandassigns, shallbe fullyand completelyreleasedfromthisAgreementforallpurposes, withoutthenecessityof additionalnoticefromoractionby anyParty. NothinginthisSection5shallservetorelease any subsequentownersofthePropertyfromtheterms, conditions, and obligationsinthis Agreement. IfClosingdoesnotoccurandtheContractisterminated, theCityagreestoreasonablycooperate withPropertyOwnertomodifythetermsandconditionsofthisAgreementtoaccommodateany subsequentpurchaser(s) and/oralternativeuse(s) oftheProperty. SECTION6. DEFAULT, IfPropertyOwner, itsheirs, successorsorassignsorsubsequentownersoftheProperty, failto fullycomplywithallthetermsand conditionsincludedinthisAgreement (the "Defaulting Owner"), Citywillhavethefollowingnon-exclusiveandcumulativeremedies. A. Withholdingofutilitiesorwithholdingorrevocationofpermitsand otherapprovals requiredfordevelopmentand useoftheportionoftheProperlythatisthesubjectof thedefault (butno otherportionsoftheProperty) includingwithoutlimitationbuilding permitsandcertificatesofoccupancy. B. The DefaultingOwner, oritsheirs, successorsorassigns, orsubsequentownersof theProperty (collectively, the "DefaultingDeveloperParties") shallbe liabletopayto theCitythesum of $2,000foreachfailuretofullycomplywiththedevelopment standardssetforthinSection3ofthisAgreement. TheDefaultingDeveloperParties shallbe liabletopaytheCitysaid $2,000sum perdayforeachdaythatsuchfailure tocomplyoccurs. The sums ofmoney tobe paidforsuchfailure(s) isnottobe consideredasa penalty, butshallbe deemed, takenand treatedas reasonable liquidateddamagesthataccrueperdaythatsucha failureshallexistoroccur. The saidamountsarefixedandagreeduponbythepartiesbecauseoftheimpracticability and extremedifficultyoffixingand ascertainingtheactualdamagestheCityinsuch eventwouldsustain; and saidamountsareagreedtobe theamountsofdamages whichtheCitywouldsustain. Notwithstandingtheforegoing, noneoftheDefaulting DeveloperPartiesshallbeliabletopaytheliquidateddamagesthataccrueunderthis paragraphunlessthereisa breachofanymaterialtermorconditionofthisAgreement andsuchbreachremainsuncuredafterforty-five (45) calendardaysfollowingreceipt ofwrittennoticefromtheCityprovidedinaccordancewiththisAgreementdescribing saidbreachinreasonabledetail (or, ifthecureofthebreachhas diligentlyand continuouslybeen undertakenbutreasonablyrequiresmorethanforty-five (45) calendardaystocure, thensuchadditionalamountoftimeasisreasonablynecessary toeffectthecure, as determinedbybothPartiesmutuallyandingoodfaithbutinno eventshallsuchadditionalperiodexceed120daysunlessagreedtoinwritingbythe partiestothisAgreement). In theeventofa breachthatisnottimelycuredin accordancewiththisparagraph, thesum ofliquidateddamagesshallbe calculatedto includeeachandeverydayoftheoccurrenceofthebreachbeginningonthedatethat theCityfirstprovidedwrittennoticeofsuchbreachunderthisparagraphandtheCity shallnotbe requiredtoprovideasubsequentwrittennoticesastosubsequentdates ortimesduringwhichsuchbreachisrepeatedorcontinuestooccur. C. Intheeventofa default, thenon -defaultingpartywilladditionallyhaveanyandall remediesavailabletoitatequityorinlaw. SECTION7. BINDINGON SUCCESSORS, AGREEMENT RUNS WITH THE LAND. Exceptas otherwiseprovidedforherein, thisAgreementwillbe bindinguponandinuretothe benefitoftheparties' respectivesuccessors, assignsand personalrepresentatives. This Agreementwillrunwiththelandandbe bindingonallsubsequentPropertyOwners. SECTION8. INDEMNIFICATIONAND HOLD HARMLESS. THE DEVELOPER, INCLUDINGITSSUCCESSORS AND ASSIGNS (THE "INDEMNIFYING PARTY"), HEREBY COVENANTS AND AGREES TO RELEASE, DEFEND, HOLD HARMLESS, AND INDEMNIFYTHE PROPERTY OWNERS AND THE CITY AND ITS OFFICERS, AGENTS, SERVANTS AND EMPLOYEES, FROM AND AGAINSTALL THIRD - PARTY CLAIMS, SUITS, JUDGMENTS, DAMAGES, AND DEMANDS (TOGETHER, CLAIMS") AGAINSTTHE CITY, WHETHER REAL OR ASSERTED INCLUDINGWITHOUT w LIMITATIONREASONABLE ATTORNEY'S FEES, RELATED EXPENSES, EXPERT WITNESS FEES, CONSULTANT FEES, AND OTHER COSTS, ARISINGOUT OF THE NEGLIGENCE OR OTHER WRONGFUL CONDUCT OF THE INDEMNIFYINGPARTY, INCLUDINGTHE NEGLIGENCE OR OTHER WRONGFUL CONDUCT OF ANY OF ITS EMPLOYEES, CONTRACTORS, SUBCONTRACTORS, MATERIALMEN, AND AGENTS, IN CONNECTION WITH THE DESIGN OR CONSTRUCTION OF ANY PUBLIC INFRASTRUCTURE, STRUCTURES, OR OTHER FACILITIESOR IMPROVEMENTS THAT ARE REQUIRED OR PERMITTED UNDER THIS AGREEMENT AND/OR CITY REGULATIONSAND/OR ANY APPLICABLEDEVELOPMENTSTANDARDSAND/OR ANY OTHER GOVERNING REGULATIONS; AND IT IS EXPRESSLY UNDERSTOOD THAT SUCH CLAIMS SHALL, EXCEPT AS MODIFIEDBELOW, INCLUDE CLAIMS EVEN IF, CAUSED BY THE CITY'S OWN CONCURRENTNEGLIGENCESUBJECTTO THE TERMS OF THISSECTION. THE INDEMNIFYINGPARTY SHALLNOT, HOWEVER, BE REQUIRED TO INDEMNIFYTHE CITY AGAINST CLAIMS CAUSED BY THE CITY'S SOLE NEGLIGENCE. IF THE CITY INCURS CLAIMS THAT ARE CAUSED BY THE CONCURRENT NEGLIGENCE OF THE INDEMNIFYINGPARTY AND THE CITY, THE INDEMNIFYINGPARTY'S INDEMNITYOBLIGATIONWILLBE LIMITEDTO A FRACTION OF THE TOTAL CLAIMS EQUIVALENT TO THE INDEMNIFYINGPARTY'S OWN PERCENTAGE OF RESPONSIBILITY. THE INDEMNIFYING PARTY FURTHER COVENANTS AND AGREES TO ,RELEASE DEFEND, HOLD HARMLESS, AND INDEMNIFY, THE CITYAGAINSTANY AND ALLCLAIMSBY ANY PERSON CLAIMINGAN OWNERSHIP INTERESTIN THE PROPERTY AS OF THE DATE HEREOF WHO HAS NOT SIGNED THISAGREEMENT IFSUCH CLAIMS RELATE IN ANY MANNER OR ARISEIN CONNECTION WITH: (1) THE CITY'S RELIANCEUPON ANY OF THE INDEMNIFYING PARTIES' REPRESENTATIONS IN THIS AGREEMENT; (2) THIS AGREEMENT OR OWNERSHIP OF THE PROPERTY; OR (3) THE CITY'S APPROVAL OF ANYTYPE OF DEVELOPMENT APPLICATIONOR SUBMISSIONWITH RESPECT TO THE PROPERTY, At no timeshalltheCityhaveany controloverorchargeofthedesign, constructionor installationofanyoftheimprovementstothePropertyorrelatedworkorundertakings, nor the means, methods, techniques, sequencesor proceduresutilizedforthe design, constructionorinstallationrelatedtosame. ThisAgreementdoesnotcreateajointenterprise orventurebetweentheCityandanyoftheIndemnifiedParties. ThisSection8willsurvivethe terminationofthisAgreement. SECTION9. RECORDATION. Thepartiesmay recordthisdocumentinthepropertyrecordsofCollinCountyon orafter one (1) businessdayafterClosingandfundingoftheContract. SECTION 9. ENTIREAGREEMENT. ThisAgreementistheentireagreementofthepartiesregardingthesubjectmatter hereto. SECTION10. RECITALSAND EXHIBITS. The recitalshereinandexhibitsattachedheretoareherebyincorporatedbyreference. SECTION11. AUTHORITY. PropertyOwnerrepresentsandwarrantstotheCitythattheProperlyOwnerownstheProperty thatthisAgreementisbindingandenforceableontheProperty. SECTION12. INVALIDPROVISIONS. IfanyprovisionofthisAgreementisheldnotvalid, suchprovisionwillbe deemedtobe excised therefromandtheinvaliditythereofwillnotaffectanyoftheotherprovisionscontainedherein. SECTION13. EFFECTIVEDATE. ThisAgreementwillbe effectiveupontheEffectiveDatefirststatedherein. CITYOF AN NA 0 JimProce, CityManager N WITNESSWHEREOF: STATE OF TEXAS COUNTY OF COLLIN Beforeme, theundersignednotarypublic, on the day of , 20207 appearedJimProce, knowntome (orprovedtome) tobe thepersonwhosename issubscribed totheforegoinginstrument, andacknowledgedtome thathe executedthesame inhiscapacity asCityManageroftheCityofAnna, Texas. NotaryPublic, StateofTexas JY & KC, LLC a Texaslimitedpartnership, By: JY & KC, LLC, ManagingPartner M Name, title INWITNESSWHEREOF: STATEOF COUNTY OF Beforeme, theundersignednotarypublic, onthe dayof , 2020, appeared knowntome (orprovedtome) tobe thepersonwhosename is subscribedtotheforegoinginstrument, andacknowledgedtome thathe/sheexecutedthesame inhis/hercapacityasmanagingmemberofJY & KC, LLC initscapacityasmanagingpartnerof JY & KC, LLC, a Texaslimitedpartnership. NotaryPublic, Stateof DA - Exhibit1 BEINGA TRACTOF LAND SITUATEDINTHE S.E. ROBERTS SURVEY, ABSTRACTNUMBER 786, AND THE E.W. WITT SURVEY, ABSTRACT NUMBER 997, COLLIN COUNTY, TEXAS, AND BEINGALLTHOSE TRACTSOF LAND TO JY & KC LLC, (A LIMITEDLIABILITYCOMPANY) RECORDED ININSTRUMENTNUMBER 20170608000746940AND YOUNG KIM AND TIM MUELLER RECORDED IN INSTRUMENT NUMBER 20170608000747130OF THE PUBLIC RECORDS, OF COLLIN COUNTY, TEXAS BEING MORE PARTICULARLY DESCRIBEDBY METES AND BOUNDS AS FOLLOWS: BEGINNINGAT THE NORTHEASTCORNER OF SAIDTRACTOF LAND TO YOUNG KIMAND TIMMUELLER AND THE INTERSECTION OF COUNTY ROAD 371 (A PAVEDTRAVELEDRIGHT-OF-WAY NO RECORD FOUND) AND COUNTY ROAD 369 (A DIRT ROAD NO RECORD FOUND); THENCE S 01029' 28" W, 3,020.79 FEET; THENCE N 88029' 00" W, 1,211.97 FEET; THENCE N 88024' 04" W, 595.03 FEET; THENCE N 00022' 19" W, 762.13 FEET; THENCE S 88020' 59" W, 967.26 FEET; THENCE N 00046' 25" W, 1,103.04 FEET; THENCE N 01017' 03" W, 1,185.56 FEET; THENCE S 89017'12" E, 1,496.78 FEET; THENCE S 88041' 41" E, 591.09 FEET; THENCE S 88038' 16" E, 810.84FEETTO THE POINTOF BEGINNINGAND CONTAINING7,817,617 SQUARE FEETOR 179.468ACRES MORE OR LESS. Thisdocumentwas preparedunder22TAC 663.21, doesnotreflecttheresultsofan on thegroundsurvey, andisnottobe usedtoconveyorestablishinterestsinrealpropertyexceptthoserightsandinterestsimpliedorestablishedbythecreationor reconfigurationoftheboundaryofthepoliticalsubdivisionforwhichitwasprepared." Page1 of3 DA - Exhibit1 BEINGA TRACT OF LAND SITUATEDINTHE MARTINMOORE SURVEY, ABSTRACTNUMBER 649, COLLIN COUNTY, BEINGALLOF THATTRACTOF LAND TO KAYASAHOLDINGS, LLC, RECORDED IN INSTRUMENT NUMBER 20190807000946750OFTHE PUBLICRECORDS, OF COLLINCOUNTY, TEXASBEINGMORE PARTICULARLYDESCRIBEDBY METES AND BOUNDS AS FOLLOWS: BEGINNINGAT THE SOUTHEASTCORNER OF SAIDTRACTTO KAYASAHOLDINGS, LLC, AND THE SOUTHWEST CORNER OF A TRACT OF LAND TO ANNA HIGHSCHOOL ADDITIONVOLUME 2011, PAGE 176OF THE PUBLICRECORDS, OF COLLIN COUNTY, TEXAS; THENCE S 87037' 19" W, 305.11 FEET; THENCE N 00042' 02" E, 349.90FEET; THENCE N 89016' 32" W, 299.87 FEET; THENCE S 00043' 07" W, 365.55 FEET; THENCE S 87053' 01" W, 680.29 FEET; THENCE N 01016' 12" E, 1,825.73 FEET; THENCE S 89011' 16" E, 1,266.20FEET; THENCE S 00042' 28" W A DISTANCEOF 1757.83 FEETTO THE POINTOF BEGINNINGAND CONTAINING 2,177,993SQUARE FEETOR 50.000ACRES MORE OR LESS. Thisdocumentwas preparedunder22 TAC 663.21, doesnotreflecttheresultsofan on thegroundsurvey, and isnottobe usedtoconveyorestablishinterestsinrealpropertyexceptthoserightsandinterestsimpliedorestablishedbythecreationor reconfigurationoftheboundaryofthepoliticalsubdivisionforwhichitwas prepared." Page2 of3 DA - Exhibit1 BEINGA TRACTOF LAND SITUATEDINTHE F.T. DUFFAUSURVEY, ABSTRACTNUMBER 288, COLLIN COUNTY, BEING ALL OF THAT TRACT OF LAND TO OAKWOOD VILLAGEAPARTMENTS, INC., RECORDED IN INSTRUMENTNUMBER 20171201001594200OFTHE PUBLICRECORDS, OF COLLINCOUNTY, TEXAS BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNINGATTHE NORTHEASTCORNER OF SAIDTRACTTO OAKWOOD VILLAGEAPARTMENTS, INC., AND THE NORTHWEST CORNER OF A TRACTOF LANDTO JOSE FACUNDO & JOSEFINA 0. FACUNDO VOLUME 4625, PAGE 759 OF THE PUBLIC RECORDS, OF COLLINCOUNTY, TEXAS; THENCE S 00031' 02" W, 245.38FEET; THENCE S 00027' 51" E, 1,574.05 FEET; THENCE S 00024' 40" W, 868.25 FEET; THENCE N 89° 08' 54" W, 988.59 FEET; THENCE N 88050' 11" W, 851.70 FEET; THENCE N 00033' 18" E, 2,640.14FEET; THENCE S 88027' 53" E, 34.21FEET; THENCE S 01016'12" W, 36.09 FEET; THENCE N 87053' 00" E, 813.02 FEET; THENCE S 89028' 03" E, 336.61 FEET; THENCE N 87039' 22" E, 628.19 feettothePOINTOF BEGINNINGAND CONTAINING4,837,814SQUARE FEET OR 111.061 ACRES MORE OR LESS. Thisdocumentwas preparedunder22 TAC 663.21, doesnotreflecttheresultsofan on thegroundsurvey, andisnottobe usedtoconveyorestablishinterestsinrealpropertyexceptthoserightsandinterestsimpliedorestablishedbythecreationor reconfigurationoftheboundaryofthepoliticalsubdivisionforwhichitwas prepared." Page3 of3 E H:lBlTAT' CQ N`C,E PT P LAN . FRE PATH JUOBVAEGYG]02ENT20NWG // ONMERS DEVELOPER PLANNER/ENGINEER utlANACAPR` DRAWN BV MRB I41//7REVIEWEDBVOAK mE. xv,Nsewvs lil PELOTON OATS NOVEMBER 4.3(I]0 NORTH na+ ozo '` omOATSREVISIONSwwa.nrsxoi y.MN 4s. 'K'S cANiAci. ZACH Na18 "= ^••a`a .v uuun ORAPHIG BGAIE +s+wpm cOMAsi. oANO KUNOErErt Vn N T MATCH LINE PAGE 3 1 PAGE 3ftlan MATCH LINEPAGE 2 MATCH LINEPAGE2 X. 3 2 7 t- SHELDON q7 VICIl % lo 4 LLTSITEINFORMATION 2 212 SINGLE IM 24 m I 4 LAND USE: CCkL..LlLFMm— 21 14A%.T51SSQ.FT.l-.111ACRES 7AREA, .4 SINGLE-FAMILY SF-z SF-60 1 A.—TH I.. LOT —T" I 24 LOTMIAOTDE— 1. DE— . . . . . . . . TO—N.S.—TS: - PROPOSED 1 IS 2. 23 20 MULTI -FAMILY TRACT ANNAISD w SCHOOL SITEBUILDINGINFORMATION ....... I --------- ------ T .. ...... ... I STREETC -------------- w 2TOTAL # UNITS: 600 4 1S 3 14 W J— IS I ! I ' i ! 1 14 PARKING: I I 14 l 2 R.L. SIACES LEGEND to, STRE A ---- ------- ------ --- 3 T w 27 NUL IS 'a LIDA - EXHIBIT2 PROJECT.O. MEGCIXO FILE PATH J OffiME.—ONINMCONCEPT PLAN DRAWN BY MRS REVIEWED BY DAK DATE NOYCIABER4.2020 GAT 1 REVISIONS SLBM A00723LE21320AODRESSINGlST&2ND LCOMMENTS NOV 2. 2020 1 ADDRESSING 3RD SUBMITTAL D.MMENTS NORTH LE OWNERS OAKWDODVILLAGE KAYABAHOLDINGSLLC APABT ENTB INC MOVE LOOK PIL 84 OVERLOOK PL RYE. NY 1051 RYE N Y Jo5_5 JY&KCU.0 KIM YOUNG & TIM MUELLER 2. 8 HERSTAVE 84 OVERLOOK PIL DALLAS, TX 752254GO1 RYE, NY IMBM345 DEVELOPER MEGATEL HOMES 27Dl CEDAR SPRINGS ROAD SUITE 700 DALLAS. U 75201 CONTACT. ZACH IPOUR PLANNER I ENGINEER 11111 PELOTONTlfflLAD "FRI.--.L.UE.E.T. I SU17E40D FRISCO, TEXAS7 113S PHONE: 46941 1%113 CONTACT: DAVID KAUIOEFER CONCEPT PLAN FOR LNLGfLR1 Lt MATCH LINEPAGE 4 MATCH LINEPAGE 4 8' WALKIN;TRAIL.......... . ... LINEPAGE(TYPMATCH ............3 MATCH LINE PAGE 3 BLOCK LOT 3BLOCK Q2 (PD C-1); LOT 2t 21..3 AC.- PD 2 510' WALKING TRAIL 16. . TY ; P.) CAl FERN82-16— 87 r L VICINITY , YAP uwtt9 SITEINFORMATIONzoN G: P"u SINGLE FAM LANDUES, C.0 MULTH AAI'LY ERCIAL. . . ........... LOT. EA: I4X8.75ILSG. FT.IX1.111 ACRES N87 S87-37 30.1. 4- r ---------- STREET M -------- SINGLE-FAMILYITI ry SF-Z SF-60 V 3 MN. LOT 4M IN. LLOTTW H SV 1 ARMLOT 1W MwoE—: 1. TOTAL NUMBER OF LOTS, TOTALNUMBERDFLDTs 551 4. - STETR ... ...... .. ----- ------ MUIT!SAWLY TRAC.TBUILDINGINFORMATIONJ, P 42T a I 12 13 7 1 14 TOTAL# UNITS: 600 I. D.ElHT: 4 MAX. D_ I iGo C, I M ; 1 16 14 I 19 1. HOLCOMBE Ol mf'! 1. 1 Uj 'L-t 7 REGLI. IEI -SPACES 12 11 3T 3 UL _" . .......... T 'q (PN! STIR - - LEGEND 3ST- 442 33 A dEkJw 20, 2 41 21 3112 WALKING TRAIL — & 8 'S LlU1 24 4 NORTHFIELD 2 z o TR AIL KAIL13 TYP.) 27MATCH LINE PAGE 3 EXHIBIT2DA MATCHLINEPAGE3SYR . .................. ........ uz; ...... .............. MATCH LINE PAGE 2HLINEPAGE2 77 PROJECTNO. MEG=K12OWNERS DEVELOPER PLANNER ENGINEER CONCEPT PLAN FOR FILE PATHJ:JOM - 62DOOZENT ONINGICONCEPT PLAN OA—OQD VILLAGE KAYA HOLDNGSLLC DRAWN BY MAR APARTMENTS INC NY PL 84 OVERLOOK PL RYE. NY IELNACAPRREVIEWED BY OAK S- 4S MEGATEL HOMES PROTON RYE. NY losl`m GATE NOVEMBER 4, 2020 NORTH 2701 CEDAR SPRINGS ROAD "IA . . JY & KC U-C KIM YOUNG & TIM MUELLER SUITE7W WD FRISCO STREET DATE NENISIONG 2MBA HERSTAVES,I OVERLOOK PL O—AS.TKIS2.1 SUITE NM 282020 ADDRESSINGlST& DSUBMITTALCOMMENTS UkEI. TX I—' RYE, NY IMI-1 FRISCO, SURE 7503 NOV 24, 2020 ADDRESSIW3RDSUBMnAL COMMENTS CONTACT: ZkCH IPOUR CONTACT: PHONE DAVID KALHOEFER MATCH LINEPAGE MATCH LINE PAGE 5 MATCH LINEPAGE 4 MATCH LINE PAGE 4 F 7-- ------------------- SITEINFORMATION LAND USE SlNGLfFA%MULWMCOmm LOT SO. FTJ 341.1 11 AC — SINGLE -FAMILY SF-Z SF-60 LOT DEPTH: OV MIN. LOT 0— T—MBEROFSBS TOTAL NUMBER DECOYS: B61 6'E 12. MULTI - FAMILY TRACT 7 BUILDING INFORMATIONNP 2= weTOTAL # UNITS: 600u- HEIGHT: 3—ms E... IT — BLOCK Q2 600PARKING: LOT 3PD C 2 P.— LEGEND T.& ------ SET— K q 2 1. 3 o BLOCK Q2z 2 0 PLOT 16. 6'MASONRY SCREEN1-- WALL 251 BUILDING SETBACKMATCH LINE PAGE 4 MATCH LINE PAGE 4 11, DA -EXHIBIT 2MATCH LINE8- WALKING TRAIL ....... ....... ...................... ......... .......................... ............................................... PAGE 3 TyP-) MATCH LINE PAGE 3 PROJECT NO. MEG20002 OWNERS DEVELOPER PLANNER/ ENGINEER CONCEPT PLAN FOR FILE PATH JJOV, MEGMOOZENT=MNGCONCEPT PLAN DRAWN BY MRB OAKWOOD VILLAGE KAYASA HOLDINGS ULC APARTMENTS INC 84 OVERLOCK PL DUODK PL RYE. NY IM MEGATEL H0— 11111 PELOTON M LcLMRL REVIEWED BY DAK DATE NOVEMBER 4. n2O T REV W.. NORTH RYE NY J-- I& KCLU. KIM YOUNG & TIM MUELIER 270BAMHERSTAVE OVERLOOK PL2- CEDAR SPRINGS ROAD SUIT 700 A. LAS. Na FFISCO STREET Sulm4. NOV-2312020AD DRESSING1STL2ND SUBMITTAL COMMENTS NOV 24, 2020 ADDRESSING 3RD SUBMITTAL COMMENTS mmmlQ Gww sOALE DAU—. TX 7522 7901 RYE. NY —5 CONTACT. — CHIPDUR F— 75033 PHONE: -- l— CONTACT. DAVID KALHOEFER MATCH LINE PAGE 6 4 . ..... trMATCHLINEPAGE511: A, _tJ FW Is STREET H1 75 " - '! E; B , ;;- I•: . MATCH LINEPAGE 5 71 a ------------- 19 1 1 uj 14 FDO 1 2 - S14 STREETN2-' 7M STREET 2 1, 2 R 7 TOA D w I i IT 16 IS 14113,1 12LU 24 DOfq 7 Mli 0I "TLIT 0 EET M2: ----------- z 23 I 3 E Ua- m u) lo LU !u) 1 i -j- 14 1'.I j ! ILL, S I15 10'TREEPRE ;ERVATION 'W STREETC! ............ p1' - 1'0'',IJALKINGTFILI I, i i STREETTI ------------ YP. u, 7 ED I 2 S G 4 E 6 1 1 S I. q STREETP2 i is4InI Is is 1 i EXISTINGTREES -------- I --STREET[ 9 ------------------- S EET UV 14fi° MULTIFAMILYTRACT is I BUILDINGINFORMATION I 5 7 8 IS Is I I ILLLui c 11 Ip 2i 21 111Ai V SCGEE. TOTAL 9 UNITS: 600 13 Is IIIJILDINGHEIGHT: T, TREETEI -------- ------------------- 115 114A."u.. T9 j: a -11 !, f :Sir It1PARKING: Q. 0 Is 2 Is 1 1 is REQUIRED: 121K SPACES PROMAPE: SPACES z ED Ir i 1 J 11 LEGEND Is 1 iBE 4 14 M SITEINFORMATION L 2, BOINUIG: PDMU col, TRAIL > am. LANDuSE.. SINGLE FAVILMYEGCU LWAMILY, DIVor t4,&EslE"EO.FT.-I.11lAERE$ . ......... . TRAIL F-1 'mma 21 (Typ.) i L .. ; 1 1 2owxA 7 EXISTING DOTREES SINGLE-FAMILY STREET Al ......... .. SF-Z SF-6D - ------ um=_ 1 WID- LOT D— lw MIN. LOT DEPTH: TOTAL UUMOER OF Is, - TOTALNGMBEFOFLOTS: NI MATCH LINEPAGE 5DA -EXHIBIT2 I 1 .......................... MATCH LINE PAGE 4 MATCH LINEPAGE 4 PROJECT NO. MEG2DDG2 FILE - J:JOIA MEG200021EN11ZONINGBCONCEPT PLAN y NGB REVIEWED BY DAK DATE NQVEMBEF4.2020 visioNsCV' AIT'- G ADDRESSING IST & D SUBMITTAL COMMENTS NEV24,2020 I ADDRESSING BRO SUBMITTAL COMMENTS NORTH nTimmomi GRAPHIC SCALE OWNERSKAYAGA HOLDINGSUCAPARTMENTSINC84OVERLOOKPIE 84 OVERLOOK PIE RYE. NY 1-45 RYEN '105,823ME• E KCLLC KIMYOUNG&TIMMLELLER 270 8 AMHERST AVE 84 OVERLOOK PIE DALLAS TK 75225-701 RYE. NY 10580-3345 1El-A-1- UR DEVELOPER MEGATEL HOMES 2701 CEDAR SPRINGS ROAD DALI.AS. TX 75201 CONTACT. ZACH (POUR PLANNER/ ENGINEER PELOTION SLNTfE4GO FRI CO. TEXAS 150I3 PHDN :4fiG41S-lROO CONTACT: DAVID KALHOEFER CONCEPT PLANFOR LN LRI SINGLE-FAMILY LEGEND SF-Z BFfiO t I- ue xw,nrwprn 4rc Lex. Lorworx: Ea - "" ii°'amL ea+. LoroEPm: ,m uea LoroEPrH ,m iss°.'a"`.+ ° - - M,wEp MULTI-FAMILYTRACT ME BUILDING INFORMATIONmm VICINITY MAP TOTAL kUNRS:6W SITE INFORMATION °u— i YPARKING'. i IN. _ u pE01MiE0: UNO WE: eeIGLEFCOMMENRMc MNkLY.ePpOVkffO: +7v BPACF6 10' WALKING TRAILiTYP.) WTAREA: 14e50.}51.060. R.1 W1.1t1 ACRE9 "g i.._.._.._.._.._.._.._.._.._.._.._.._...... _ 69Y1r12' E ,499.raI -_ - _FUTURE MANTUA ROAD SBe 41 1-E 4°t S' WALKING TRAIL 18998 T_.._.. I1tz ] ,a 4EXISTING - - - O } ! G TREES^y ,.. .._...._.._._.._. _ .._. _.._ ..._...._. _.._.. \ n B ,0 1z ] 114 Is1B n iie /e m I i ?t1'! --- STREET `z --1 ETRETEI s10' TREE ` ®I 1 2> i , I s ; - - -STREET Kt- - _ --...r _ .._.. .._:._.._.._, 9 - PRESERVATION ` .. 2 ] A e e T ; ;aMwsoupr ISI i F - - - - _ _ EASEMENT ! - - I '. I•f:l 2 m i j I 4 .. _ ^__._._r10 W T G yALKINTRAIL ITT P.) q 13 12 It I• ,0 9 a i I r"1 24 u. t. - II- - H i'- 1I- i19 , e11eis ,] I W I STREET B2 i © j L__.............G - _ ' 71 i.. `' STREET J7 _ _ 2., ] 4 s a I I I - -ET Jt_- qr--' - -_-- -- j 1 iSTRE iN I I _ _ _ 4 5 EXISTING TREES zI I 1 i 14 3,_ 10' TREE PRESERVATIO r. .._. 14 I EASEMENT -- 1. 1 P{I 1 4 STREET C2 -- i<'STRE I ET _ 17 I i ai. ... r. 4 Is14 13 ',Q 11 10 0 I I j xwso Rr p..l IO i 10 i I©'41 WI. tNI`ABa • i1,6: ' ' I20 19 +n 1T 1e is t4 13, STREET 02 - ----- - - LSTREET D2 12 ._.._ 2z''1 • jII!I-?;: ` II . I:_.:" i1Lso.,_ _1-. e._; .. v s-jj1-1s TI4 1_- s. -- _ 1a:. 1. D' • L i'.•P G TRAI L J 24. RA , _.._.._.. . TYP z D 4 r ' ! 2 z1 zz ze24 zs 26 zr 2B STREET 02 L iB j ,9L is17 IS 1s , I . 11 I. 4 N• ._...._. . _ .. a . MATCH LINE PAGE 6 + i I- '-- STREET 12 - 1 32 rxw III-- I6 • i • DA -EXHIBIT 2E - - - ( L _ _ STREET HYu- PROJECTNO. MEG211002 OWNERS DEVELOPER FILE PATH J:J091 MEG20002\ ENRZONINMCONCEPT PLAN !/ OAKWOOD VILIAGE KAYASA HOLDINGS LLC DRAWN BY MRB IIV/' APARTMENTS INC 84 OVERLOOK PL N OVERLOOK PL E, NY 105B0.T345 MEGATEL HOMES REVIEVYEDBY DAKRYE, NY UODK345RYDATENOVEMBER4.2D20 NORTH 2701 CEDAR SPRINGSROAD JV 8 KC LLC KIM YOUNG B TIM MUELLER SUITE TM DATE REVISIONS 27NAMHERSTAVE 84 OVERLOOK PL DALLAS,TXT5201 NOV 23, 2D20 ADDRESSING BE A 2N0 SUBMITTAL COMM ENTS DALLAS, TX T522S-7901 RYE, NY 1058b345 NOV 24, 2020 ADDRESSING 3RD SUBMITTAL COMMENTS GRAPNC SCALE REP uCONTACT: ZACH IPDUR JR STREET K1 i _.._.._.._. _.._...._.. .._i 1 el r 4 I] • I ,a I 1It— m! 3 i I i -- ' - STREET N7 - ---- ---_-, I I I 11 I m1e t4 13 s' e s 10 t tz , ; 7 O aS _ _ TREET M7 ----------------------- 7. 1112i16 11 is 15 14 13 2 I ISTREET Q7- - - - - _ ___ _ Sri1- I~ - - - _ _ Irf 1fNA1,Rv Y' m 19 le1l 18is M 19 I I " •; co MATCH LINE PAGE 6s• Ir• ,• ,• 1a• „ ,2 y j L 4 -_•' ills ;. MATCH LINE PAGE 5 PLANNER/ENGINEER CONCEPT PUN FOR P E LOTO N ANACAP RIIII lA K P 11WDFRISC0 STREETN ,„,,,,,•e,s SUITE400 ...,........,,....M...,„._., d. ........ FRISCO, TEXAS T5033 PHONE:469- 213-1800 .:nr. i.0„. re.0 nx+rve.....r CONTACT: DAVID KALHOEFER EXHIBITDA-2 DevelopmentAgreement DEVELOPMENTAGREEMENT ThisDevelopmentAgreement (this "Agreement") isenteredeffectiveasofDecember, 81 2020 ("EffectiveDate") betweenand among theCityofAnna, Texas, a Texashome -rule municipality ("City") andKayasaHoldings, LLC,("PropertyOwner") asfollows: RECITALS WHEREAS, thePropertyOwnersarethesoleownerof50.00acresofrealpropertydescribed inExhibit1anddepictedon Exhibit2, (the "Property"); and, WHEREAS, thePropertyispresentlyundercontract (the "Contract") tobesoldbytheProperty Ownerandpurchasedby MegatelHomes ("Developer"). WHEREAS, PropertyOwnershave, attherequestofDeveloper, appliedtorezonetheProperty toallowforPlannedDevelopment -Multi -Use whichwillincludethefollowingzoningdistricts withmodifieddevelopmentstandards; C-1 RestrictedCommercial (C-1), SF-60 Single -Family ResidenceDistrict (SF-60) and, SF-Z Single -FamilyResidenceDistrict - Zerolotlinehomes SF-Z); and, WHEREAS, theCity's Planning & ZoningCommissionand CityCouncilhavegiventhe requisitenoticesbypublicationandotherwiseandhavescheduledpublichearingswithrespect totherezoningofthePropertyasrequiredbylaw; and, WHEREAS, inthecaseofthePropertybeingrezoned, theCityandPropertyOwnerdesireto enterintoadevelopmentagreementtoestablishdevelopmentanddesignregulationstoensure thatfuturedevelopmentisappropriatefortheareaandfitsinwellwithadjacentproperties; and, WHEREAS, itistheParties' mutualintentthatthisagreementshallgovernonlythesubject matterspecificallysetforthhereinand shallsupersedeprovisionsofAnna CityCode of Ordinancesand otherregulationsand adoptedpoliciesof theCity (collectively, "City Regulations") onlytotheextentthatanysuchCityRegulationsdirectlyconflictwiththeterms ofthisdevelopmentagreement; and, NOW, THEREFORE, inconsiderationoftheaboverecitalsandthemutualconsiderationas reflectedinthecovenants, dutiesand obligationscontainedherein, thesufficiencyofwhichis herebyacknowledged, thePartiesheretoagreeasfollows, effectiveasoftheEffectiveDate: SECTION1. RECITALSINCORPORATED. Therecitalssetforthaboveareincorporatedhereinas ifsetforthinfulltofurtherdescribethe Parties' intentunderthisdevelopmentagreementandsaidrecitalsconstituterepresentationsby PropertyOwners, Developer, andtheCity. SECTION2. DEVELOPMENT STANDARDS / BUILDINGMATERIALS. Withrespecttoallstructures/developmentwithinthePD-MU ZoningDistrict, ProperlyOwner agreestocomplyortocausethebuilderstocomplyand anyothersuccessorsorassignsto complywithallCityRegulationsandwiththemasonrymaterialrequirementsandallother requirementsoftheAnnaCityCode ofOrdinances, Article9.04 ZoningOrdinance, Section 9.04.034SupplementaryDistrictRegulations, Subsection (e) ArchitecturalDesignStandards andwiththefollowingstandards (intheeventofanyconflict, thefollowinglistedstandardsshall govern). NonresidentialBuildings A. Atleast80% oftheexteriorwalls (excludingdoors, doorframes, windows, andwindow frames) shalluse onlystone, brick, and/orsplitfaceconcretemasonryunitsinthe constructionoftheexteriorfacadethatarevisibletothepublic. B. Otherfinishesand materialsmay be usedatthesolediscretionoftheCityCouncilif adoptedaspartofthesiteplanapprovalandifpermittedbybuildingandfirecodes. C. Atleast60% ofexteriorfagadesnotvisibletothepublic (excludingdoors, doorframes, windows, andwindowframes) arerequiredtobe brickorrockveneer. D. A maximumof10% ofanyexposedexteriorwallmay consistofElFS E. Wherethefunctionofan individualbusiness, ortherecognizedidentityofabranddictates a specificstyle, image, orbuildingmaterialassociatedwiththatcompany, themasonry provisionmay be modified; however, thedevelopmentshallmaintainharmonyinterms ofoverallprojectdesignand appearance, and suchdesignshallbe subjecttoapproval bytheCityCouncilafterrecommendationfromthePlanning & ZoningCommission. Multiple -FamilyResidenceBuildings A. Allmulti -familybuildingsandstructuresshallhaveatleastsixtypercent (60%), forthe firstthreestoriesofthetotalexteriorwallsabovegradelevel, excludingdoorsand windows, andrecessedbalconyareas (shouldbeallowedasplanebreak), constructed ofmasonry (brick/rockveneer) materialswithno morethanfortypercent (40%) consistingofcementitioussiding (Hardieproducts) orstuccomaterials. B. A maximumof10% ofanyexposedexteriorwallmayconsistofElFS C. Roofingmaterialsforbuildingsandstructuresmustbe architecturalroofshingles, said shinglesshallbe accompaniedwitha minimum25-yearwarranty. Underno circumstanceshallthree -tabshinglesbeusedasroofingmaterial. Single -FamilyResidenceBuildings (SF-60 andSF-Z) A. Exceptasnotedbelow, theexteriorwalls (excludingwindowsanddoors) on thefirst -floor frontelevationofany structureshallbe 90 percentmasonryand 80 percenton the second -floorfrontelevation. Thetotalcumulativesurfaceareaoftheremainingexterior walls (excludingwindowsanddoors) shallbe 80% masonry. B. A maximumof10% ofanyexposedexteriorwallmay consistofElFS. C. SecondfloorDutchgableroofelementsarenotrequiredtobe masonryifsetbackatleast 3 feetfromthefirst -floorfrontelevationverticalplane. D. The masonrystandardsthatapplytothefrontelevationofa structureasdescribedin subsection (A) aboveshallalsoapplytoanyexteriorwallson a structurethatare: (i) adjacenttoand facea publicstreetorright-of-way; or (ii) visiblefromand located immediatelyadjacenttoa publicpark, reservedopenspaceorneighborhoodcommon area, oran undevelopedfloodhazardordrainageareathatisalsoadjacenttoa public street. E. Roofingmaterialsofa structuremay onlyconsistofarchitecturalasphaltshingles includinglaminateddimensionalshingles), clayand concretetile, metalshingles, mineral -surfacedrowroofing, slateandslate -typeshingles, woodshingles, woodshakes oran equivalentorbetterproductas comparedwithsaidmaterials. Shouldarchitectural shinglesbeusedasroofingmaterial, saidshinglesshallbe accompaniedwitha minimum 25-yearwarranty. Underno circumstanceshallthree -tabshinglesbeusedas roofing material. F. Allgaragesmustalsoincorporatewood clad (orequivalent) garagedoorsorwood compositedoorsandcontainatleasttwoofthefollowingenhancements: i. Two singlegaragedoors (inlieuofdoubledoors); ii. Decorativewindows; iii. Decorativehardware; iv. Garagedoorrecessedaminimumof12 inchesfromthegarageface; v. Caststonesurround. vi. Eight -foottallgaragedoors. G. Alldoorson thefontfacadeofa residenceshallbe constructedofwood, iron, glass, and/orarchitecturalfiberglass. SECTION3. NOTICES. Anyandallnoticesrequiredtobegivenbyeitherofthepartiesheretomustbe inwritingand willbe deemeddelivereduponpersonalservice, ifhand -delivered, orwhen mailedinthe UnitedStatesmail, certified, returnreceiptrequested, addressedasfollows: To City: CityManager CityofAnna 111 NorthPowellParkway PO Box776 Anna, Texas75409 To ProperlyOwner(s): KayasaHoldings, LLC 84 OverlookPlace Rye, NY 10580 SECTION4. MODIFICATIONSOR TERMINATION. ThisAgreementmay onlybe modifiedand/orterminatedasfollows: (a) by mutualwritten agreementofPropertyOwnerand City; and/or (b) unilaterallybyCityupondefaultofthe ProperlyOwner. NotwithstandingtheforegoingoranyotherprovisionofthisAgreement, this Agreementshallterminateandbe nullandvoidiftheCitydoesnotapprovetherezoningof thePropertytobe zonedas PlannedDevelopment -Multi -Use whichincludesthefollowing zoningdistrictwithmodifieddevelopmentstandards; RestrictedCommercial (C-1), Single FamilyResidence-60 (SF-60), andSingle -FamilyResidence -Zerolotlinehomes (SF-Z), as setforthinSection9.04 oftheAnna CityCode ofOrdinances, ("ZoningOrdinance"). The partiesacknowledgeand agreethattherezoningofthePropertyisa legislativeactandthat thisAgreementdoesnotbindtheCityCounciltoapproveany proposedrezoningofthe Property. SECTION5. CLOSING. TheContractprovidesthattheclosingandfundingofthesaleofthePropertyshalloccuronMay 41 2021, unlessotherwiseamendedby the partiesto the Contract (the "Closing"). Notwithstandinganythingtothecontraryherein, uponClosingandfundingofthesaleofthe Property, DeveloperoritssuccessorsorassignsshallfullyassumeallofPropertyOwner's rights and obligationsunderthisAgreementand KayasaHoldings, LLC itssuccessorsand assigns, shallbefullyandcompletelyreleasedfromthisAgreementforallpurposes, withoutthenecessity ofadditionalnoticefromoractionbyanyParty. NothinginthisSection5shallservetorelease any subsequentownersofthePropertyfromtheterms, conditions, and obligationsinthis Agreement. IfClosingdoesnotoccurand theContractisterminated, theCityagreestoreasonablycooperate withPropertyOwnertomodifythetermsandconditionsofthisAgreementtoaccommodateany subsequentpurchaser(s) and/oralternativeuse(s) oftheProperty. SECTION6. DEFAULT, IfPropertyOwner, itsheirs, successorsorassignsorsubsequentownersoftheProperty, failto fullycomplywithallthetermsand conditionsincludedinthisAgreement (the "Defaulting Owner"), Citywillhavethefollowingnon-exclusiveandcumulativeremedies. A. Withholdingofutilitiesorwithholdingorrevocationofpermitsand otherapprovals requiredfordevelopmentanduseoftheportionofthePropertythatisthesubjectof thedefault (butno otherportionsoftheProperty) includingwithoutlimitationbuilding permitsandcertificatesofoccupancy. B. TheDefaultingOwner, oritsheirs, successorsorassigns, orsubsequentownersof theProperty (collectively, the "DefaultingDeveloperParties") shallbe liabletopayto theCitythesum of $2,000 foreachfailuretofullycomplywiththedevelopment standardssetforthinSection3ofthisAgreement. TheDefaultingDeveloperParties shallbe liabletopaytheCitysaid $2,000sum perdayforeachdaythatsuchfailure to complyoccurs. The sums ofmoneyto be paidforsuchfailure(s) isnottobe consideredasa penalty, butshallbe deemed, takenand treatedas reasonable liquidateddamagesthataccrueperdaythatsucha failureshallexistoroccur. The saidamountsarefixedandagreeduponbythepartiesbecauseoftheimpracticability andextremedifficultyoffixingand ascertainingtheactualdamagestheCityinsuch eventwouldsustain; andsaidamountsareagreedtobe theamountsofdamages whichtheCitywouldsustain. Notwithstandingtheforegoing, noneoftheDefaulting DeveloperPartiesshallbe liabletopaytheliquidateddamagesthataccrueunderthis paragraphunlessthereisa breachofanymaterialtermorconditionofthisAgreement andsuchbreachremainsuncuredafterforay -five (45) calendardaysfollowingreceipt ofwrittennoticefromtheCityprovidedinaccordancewiththisAgreementdescribing saidbreachinreasonabledetail (or, ifthecureofthebreachhasdiligentlyand continuouslybeenundertakenbutreasonablyrequiresmorethanforty-five (45) calendardaystocure, thensuchadditionalamountoftimeasisreasonablynecessary toeffectthecure, asdeterminedbybothPartiesmutuallyandingoodfaithbutinno eventshallsuchadditionalperiodexceed120daysunlessagreedtoinwritingbythe partiestothisAgreement). In theeventofa breachthatisnottimelycuredin accordancewiththisparagraph, thesum ofliquidateddamagesshallbe calculatedto includeeachandeverydayoftheoccurrenceofthebreachbeginningonthedatethat theCityfirstprovidedwrittennoticeofsuchbreachunderthisparagraphandtheCity shallnotbe requiredtoprovideasubsequentwrittennoticesastosubsequentdates ortimesduringwhichsuchbreachisrepeatedorcontinuestooccur. C. Intheeventofa default, thenon -defaultingpartywilladditionallyhaveanyand all remediesavailabletoitatequityorinlaw. SECTION7. BINDINGON SUCCESSORS, AGREEMENT RUNS WITH THE LAND. Exceptas otherwiseprovidedforherein, thisAgreementwillbebindinguponandinuretothe benefitoftheparties' respectivesuccessors, assignsand personalrepresentatives. This AgreementwillrunwiththelandandbebindingonallsubsequentPropertyOwners. SECTION8. INDEMNIFICATIONAND HOLD HARMLESS. THE DEVELOPER, INCLUDINGITSSUCCESSORS AND ASSIGNS (THE "INDEMNIFYING PARTY"), HEREBY COVENANTS AND AGREES TO RELEASE, DEFEND, HOLD HARMLESS, AND INDEMNIFYTHE PROPERTY OWNERS AND THE CITY AND ITS OFFICERS, AGENTS, SERVANTS AND EMPLOYEES, FROM AND AGAINSTALLTHIRD: PARTY CLAIMS, SUITS, JUDGMENTS, DAMAGES, AND DEMANDS (TOGETHER, CLAIMS") AGAINSTTHE CITY, WHETHER REAL OR ASSERTED INCLUDINGWITHOUT LIMITATIONREASONABLE ATTORNEY'S FEES, RELATED EXPENSES, EXPERT WITNESS _FEES, CONSULTANT FEES, AND OTHER COSTS, ARISINGOUT OF THE NEGLIGENCE OR OTHER WRONGFUL CONDUCT OF THE INDEMNIFYINGPARTY, INCLUDINGTHE NEGLIGENCEOR OTHER WRONGFUL CONDUCT OF ANY OF ITS EMPLOYEES, CONTRACTORS, SUBCONTRACTORS, MATERIALMEN, AND AGENTS, IN CONNECTION WITH THE DESIGN OR CONSTRUCTION OF ANY PUBLIC INFRASTRUCTURE, STRUCTURES, OR OTHER FACILITIESOR IMPROVEMENTS THAT ARE REQUIRED OR PERMITTED UNDER THIS AGREEMENT AND/OR CITY REGULATIONSAND/OR ANY APPLICABLEDEVELOPMENT STANDARDS AND/OR ANY OTHER GOVERNING REGULATIONS; AND IT IS ,,.EXPRESSLY UNDERSTOOD THAT SUCH CLAIMS SHALL, EXCEPT AS MODIFIEDBELOW, INCLUDE CLAIMS EVEN IF CAUSED BY THE CITY'S OWN CONCURRENT NEGLIGENCESUBJECTTO THE TERMS OF THISSECTION. THE INDEMNIFYINGPARTY SHALLNOT, HOWEVER, BE REQUIRED TO INDEMNIFY THE CITY AGAINST CLAIMS CAUSED BY THE CITY'S SOLE NEGLIGENCE. IF THE CITY INCURS CLAIMS THAT ARE CAUSED BY THE CONCURRENT NEGLIGENCE OF THE INDEMNIFYINGPARTY AND THE CITY, THE INDEMNIFYINGPARTY'S INDEMNITYOBLIGATIONWILLBE LIMITEDTO A FRACTION OF THE TOTAL CLAIMS EQUIVALENTTO THE INDEMNIFYINGPARTY'S OWN PERCENTAGE OF RESPONSIBILITY. THE INDEMNIFYING PARTY FURTHER COVENANTS AND AGREES TO RELEASE, DEFEND, HOLD HARMLESS, AND INDEMNIFY, THE CITYAGAINSTANY AND ALLCLAIMSBY ANY PERSON CLAIMINGAN OWNERSHIP INTERESTINTHE PROPERTY AS OF THE DATE HEREOF WHO HAS NOT SIGNED THISAGREEMENT IFSUCH CLAIMS RELATE IN ANY MANNER OR ARISEIN CONNECTION WITH: (1) THE CITY'S RELIANCEUPON ANY OF THE INDEMNIFYING PARTIES' REPRESENTATIONS IN THIS AGREEMENT; (2) THIS AGREEMENT OR OWNERSHIP OF THE PROPERTY; OR (3) THE CITY'S APPROVAL OF ANY TYPE OF DEVELOPMENT APPLICATIONOR SUBMISSIONWITH RESPECT TO THE PROPERTY. At no time. shalltheCityhaveany controloverorchargeofthedesign, constructionor installationofanyoftheimprovementstothePropertyorrelatedworkorundertakings, nor themeans, methods, techniques, sequencesor proceduresutilizedforthedesign, constructionorinstallationrelatedtosame. ThisAgreementdoesnotcreateajointenterprise orventurebetweentheCityandanyoftheIndemnifiedParties. ThisSection8willsurvivethe terminationofthisAgreement. SECTION 9. RECORDATION. The partiesmay recordthisdocumentinthepropertyrecordsofCollinCountyon orafter one (1) businessdayafterClosingandfundingoftheContract. SECTION9. ENTIREAGREEMENT. ThisAgreementistheentireagreementofthepartiesregardingthesubjectmatter hereto. SECTION10. RECITALSAND EXHIBITS. Therecitalshereinandexhibitsattachedheretoareherebyincorporatedbyreference. SECTION11, AUTHORITY. PropertyOwnerrepresentsandwarrantstotheCitythatthePropertyOwnerownstheProperty thatthisAgreementisbindingandenforceableontheProperty. SECTION12. INVALIDPROVISIONS. IfanyprovisionofthisAgreementisheldnotvalid, suchprovisionwillbedeemedtobeexcised therefromandtheinvaliditythereofwillnotaffectanyoftheotherprovisionscontainedherein. SECTION13, EFFECTIVEDATE. ThisAgreementwillbe effectiveupontheEffectiveDatefirststatedherein. CITYOF ANNA M JimProce, CityManager INWITNESSWHEREOF: STATE OF TEXAS COUNTY OF COLLIN Beforeme, the undersignednotarypublic, on the day of , 20207 appearedJimProce, knowntome (orprovedtome) tobe thepersonwhosename issubscribed totheforegoinginstrument, andacknowledgedtome thathe executedthesameinhiscapacity as CityManageroftheCityofAnna, Texas. NotaryPublic, StateofTexas KayasaHoldings, LLCa Texaslimitedpartnership, By: KayasaHoldings, LLC, ManagingPartner s Name, title INWITNESSWHEREOF: STATEOF COUNTY OF Beforeme, theundersignednotarypublic, onthe dayof , 2020, appeared knownto me (orprovedtome) tobe thepersonwhosenameis subscribedtotheforegoinginstrument, andacknowledgedtome thathe/sheexecutedthesame inhis/hercapacityasmanagingmemberofKayasaHoldings, LLC initscapacityasmanaging partnerofKayasaHoldings, LLC, a Texaslimitedpartnership. NotaryPublic, Stateof EXH1B1TA`,.sr PROP.E-'RTY DESCRIPTION.. DA - Exhibit1 BEINGA TRACTOF LAND SITUATEDINTHE S.E. ROBERTS SURVEY, ABSTRACTNUMBER 786, AND THE E.W. WITT SURVEY, ABSTRACTNUMBER 997, COLLIN COUNTY, TEXAS, AND BEINGALLTHOSE TRACTSOF LAND TO JY & KC LLC, (A LIMITEDLIABILITYCOMPANY) RECORDED IN INSTRUMENT NUMBER 20170608000746940ANDYOUNG KIMAND TIMMUELLERRECORDED ININSTRUMENTNUMBER 20170608000747130OFTHE PUBLICRECORDS, OF COLLINCOUNTY, TEXASBEINGMORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNINGATTHE NORTHEASTCORNER OF SAIDTRACTOF LANDTO YOUNG KIMAND TIMMUELLER AND THE INTERSECTIONOF COUNTY ROAD 371(A PAVED TRAVELEDRIGHT-OF-WAY NO RECORD FOUND) AND COUNTY ROAD 369 (A DIRTROAD NO RECORD FOUND); THENCE S 01029' 28" W, 3,020.79 FEET; THENCE N 88029' 00" W, 1,211.97FEET; THENCE N 88024' 04" W, 595.03 FEET; THENCE N 00022' 19" W, 762.13 FEET; THENCE S 88020' 59" W, 967.26FEET; THENCE N 00046' 25" W, 1,103.04 FEET; THENCE N 01017'03" W, 1,185.56 FEET; THENCE S 89017' 12" E, 1,496.78FEET; THENCE S 88041' 41" E, 591.09FEET; THENCE S 88038' 16" E, 810.84 FEET TO THE POINTOF BEGINNINGAND CONTAINING7,817,617 SQUARE FEET OR 179.468ACRES MORE OR LESS. Thisdocumentwaspreparedunder22TAC 663.21, doesnotreflecttheresultsofan onthegroundsurvey, andisnottobe usedtoconveyorestablishinterestsinrealpropertyexceptthoserightsandinterestsimpliedorestablishedbythecreationor reconfigurationoftheboundaryofthepoliticalsubdivisionforwhichitwasprepared." Page1 of3 DA - Exhibit1 BEINGA TRACT OF LAND SITUATEDINTHE MARTIN MOORE SURVEY, ABSTRACT NUMBER 649, COLLIN COUNTY, BEINGALLOF THATTRACTOF LAND TO KAYASA HOLDINGS, LLC, RECORDED IN INSTRUMENT NUMBER 20190807000946750OFTHE PUBLICRECORDS, OF COLLINCOUNTY, TEXASBEINGMORE PARTICULARLYDESCRIBEDBY METES AND BOUNDS AS FOLLOWS: BEGINNINGATTHE SOUTHEASTCORNER OF SAIDTRACTTO KAYASAHOLDINGS, LLC, AND THE SOUTHWEST CORNER OF A TRACT OF LAND TO ANNA HIGH SCHOOL ADDITIONVOLUME 2011, PAGE 176 OF THE PUBLIC RECORDS, OF COLLIN COUNTY, TEXAS; THENCE S 87037' 19" W, 305.11 FEET; THENCE N 00042' 02" E, 349.90FEET; THENCE N 89016' 32" W, 299.87 FEET; THENCE S 00043' 07" W, 365.55 FEET; THENCE S 87053' 01" W, 680.29 FEET; THENCE N 01016' 12" E, 1,825.73 FEET; THENCE S 89011' 16" E, 1,266.20 FEET; THENCE S 00042' 28" W A DISTANCEOF 1757.83 FEET TO THE POINTOF BEGINNINGAND CONTAINING 21177,993SQUARE FEET OR 50.000ACRES MORE OR LESS. Thisdocumentwaspreparedunder22TAC 663.21, doesnotreflecttheresultsofan onthegroundsurvey, andisnottobe usedtoconveyorestablishinterestsinrealpropertyexceptthoserightsandinterestsimpliedorestablishedbythecreationor reconfigurationoftheboundaryofthepoliticalsubdivisionforwhichitwasprepared." Page2 of3 DA - Exhibit1 BEINGA TRACTOF LAND SITUATEDINTHE F.T. DUFFAUSURVEY, ABSTRACTNUMBER 288, COLLIN COUNTY, BEINGALLOF THAT TRACT OF LAND TO OAKWOOD VILLAGEAPARTMENTS, INC., RECORDED IN INSTRUMENTNUMBER 20171201001594200OFTHE PUBLICRECORDS, OF COLLINCOUNTY, TEXAS BEINGMORE PARTICULARLYDESCRIBEDBY METES AND BOUNDS AS FOLLOWS: BEGINNING AT THE NORTHEAST CORNER OF SAID TRACT TO OAKWOOD VILLAGEAPARTMENTS, INC., AND THE NORTHWEST CORNER OF A TRACTOF LAND TO JOSE FACUNDO & JOSEFINA0. FACUNDO VOLUME 4625, PAGE 759 OF THE PUBLIC RECORDS, OF COLLINCOUNTY, TEXAS; THENCE S 00031' 02" W, 245.38 FEET; THENCE S 00027' 51" E, 1,574.05 FEET; THENCE S 00024' 40" W, 868.25 FEET; THENCE N 89008' 54" W, 988.59 FEET; THENCE N 88050' 11" W, 851.70FEET; THENCE N 00033' 18" E, 2,640.14FEET; THENCE S 88027' S3" E, 34.21 FEET; THENCE S 01016' 12" W, 36.09 FEET; THENCE N 87053' 00" E, 813.02 FEET; THENCE S 89028' 03" E, 336.61FEET; THENCE N 87039' 22" E, 628.19feettothePOINTOF BEGINNINGAND CONTAINING4,837,814SQUARE FEETOR 111.061ACRES MORE OR LESS. Thisdocumentwaspreparedunder22TAC 663.21, doesnotreflecttheresultsofanonthegroundsurvey, andisnottobe usedtoconveyorestablishinterestsinrealpropertyexceptthoserightsandinterestsimpliedorestablishedbythecreationor reconfigurationoftheboundaryofthepoliticalsubdivisionforwhichitwasprepared." Page3 of3 E.X_H::BIT j2 C'N GEPT PLAN A 40 MATCH LINE PAGE 3MATCHLINEPAGE3 % v so ...... mangos, 31 v lasomm'...0 ...... an on man onamp %a .. . . 0 MAIN 0 owns 4amene ammummummE4mummommembfumson" Napa &ME joaweetwoIMATCHLINEPAGE2 't: q.A 7 : ... KAATr-W LINE PAGE '? 2 cs 21 1 N 711,1134 k 4 qmtx• 38••t3510zv 25 31B 9 MITT AStar 25 atA2•% 10ni7' 33 12 t W 2414 t 32v2328 TREET. M SHELDON4 12 3 225 27 IrMASONRY In WALL Ju 13 14-' 21" Zo cot 2 SITE INFORMATION 14 1029 A : M2025D7t 3mMUZONING: PO t t 15 4SINGLEFAMILY. MULTI-FAWLY, & 19 mLANDUSE: 24', COMMERCIAL 13 27 is• LOT AREA: 14,858,751SSO. FT. 1341.111ACRES 5 9 is 2 ITt141SINGLE-FAMILYad 26 6 --------- - - - Z ?2601 isFSF 2s is 9 21 gotMIN. LOT WIDTH: 4(r MIN. LOT WIDTH: 5(r is161i I ! a 1 24 is MIN. LOT DEPTH: 100, MIN. LOT DEPTH: 12& f TOTAL NUMBER OF LOTS., 588 TOTAL NUMBER OF LOTS: 651 PROPOSED10 12 is LLJ- i 20 ui 23 20 FAMILYTRACTMULTI a) i 1 9ANNAISD 22.' SCHOOL—• 13 01 14 F- i 2 1 12BUILDINGINFORMATIONSITE ......................... el-j Li -J. L77--'-' .... ............ -. ".AT-awrCLXDM; 3 STOPJMW 64ATS OULD014 r 33TORIM10MYS STREET C----- cukme 3 STORSES UMTS ---------------- ----------- Om a a $70FULWtans asLu%LUVA"4 53TOR"W IRA" 1 133 6MOM4 laroplawtax" awo MAD04 STORKSIDLU731 aim- TDMLwukm SULD044 -.'AD 9&M lkaDm 3STOR"wumn 01"04 33TOPIESmum 16 3 4 5 _8 7 a 9 11) 1 t " i ITOTALUNITS: 600 277- w 15 13BUILDINGHEIGHT. 3 STORIES MAX. 15 BUILDING HEIGHT. 45'MAX. 3MULTIFAMILYUNITS6w < 10 at 14 PARKING: no 54 22 21 20 141311817 1 1 isITII ; I t1615141REOUIRED: 1200 SPACES 3 12 1 PROVIDED: 1228 SPACES 2 16LEGENDI 'I r STREET LMCOatTDAlir VARM LOT J W •MASONRY INRYWALL "'(i - - 1 t" :3 1 --- I . ! I IT I ! : 11-17 1 A M WA11OR ...... FELtk (D I ' :1 " 1 .1 TOPUPMW TOPOGRA" CC 10F=" LLJ am mwPROPOSED28 ------ LASEW91 LLdal, 20 is is25waexmnmo2828272422 -219w P pOE OF OF . .....................• VANRJDAV ............ CREEK ----------- ZONE. -------- --------- --- '-5, N88*53 N89'08'54"W 088.59 -------------- -- ------ IOMW. BGUK*AqY ------ GAAC Tumwm WALL A"ur I 11"to j- vmw"Awu am- 01 v - cJLGXF ttT PU1110 t • L""=31M( WCl t W 1=yj30 It; t t 7 it it 7 DA EXHIBIT 2 — _ - IPROJECTNO. ME020002 OWNERS DEVELOPER PLANNER 1 ENGINEER CONCEPT PLAN FOR FILE PATHJ:JOS% MEG200021ENTIZONINGICONCEPT PLAN OAKWOOD VILLAGE KAYASAHOLDINGS LLC APARTMENTS INCANACAPRIDRAWN BY MRB UOVERLOOKPLE=TINGTV4r&AG`ZONlMG 84 OVERLOOK PL RYE. NY 10580-3345 REVIEWED BY DAK MEGATELHOMESPELOTONRYE. NY 10580-3345DATENOVEMBER4,2020 NORTH 2701 CEDAR SPRINGS ROAD LAND SOLUTIONSJY & KC LLC KIMYOUNG & TIMMUELLER SUITE70011000FRISCO STREET DATE REVISIONS2708AMHERSTAVE84OVERLOOKPLDALLAS. TX 75201SUITE 400 DALLAS. TX 75225-7901RYE, NY 10580-3345 UZA 341.11 AM M%CT Of L4%0 WCAND NOV 23,2020 ADDRESSING1ST & 2ND SUBMITTAL COMMENTS FRISCO. TEXASTS033 "Mummmomrsaww" mawlLfAmixtsmArAll."rarCONTACT IPOUR PHONE. 469-213-1800 bilmf.l.0mrAu*wvLy NOV 24.2020 ADDRESSING3RDSUBMITTALCOMMENTSGRAPHICSCALEREPRFSENTAMVECONTACT. WhATED IM CITYOF ANM% COUN CMATY. Tgkn wavrimp 4, son ZACHr4439- 0159FIOM CONTACT' DAVIDKALHOEFER9I MATCH LINE PAGE 4 MATCH LINEPAGE 4 B. WALKING TRAIL . ...... ............. . . ........... : ........... ............ ...................................... .................................... MATCH LINE ZW'3 I - (TYP.) BLOC MATCH LINEPAGE 3 LOT3 BLOCK Q2 (PD C-1) i LOT2 21.3 AC. PD C-1) 16.5 AC. 1 O'WALKING TRAILITy A aka I1T ^ 1 - - BLOCK Q2 LOT 1, q' VICINITLnAP p SITE INFORMATION ZONING: P— C LAND USE: SINGLEFAMI.LY, MULTWA ILY,& DO UGTARE 14,11511TH.6 SO. ACRES% --- --------- mwE.S.T --------- Na s3mEavn2SINGLE-FAMILY ------- --------- --- STREET-N ---------- —'. SF-Z SF-60 (DT 2S 45 1 i NOT WIDTH: 40' MIN. LOT WIDTH: , 1 4 io 21 3TOTALNONSEROFLOTS500TOTALNGNBER -I :IS T- 3. 1 3 MULTI -FAMILY TRACT - I, ------- - i m --STREETR---- -------- — I 1 4 41BUILDINGINFORMATION 41 IT P TOTAL 9 UNITS: EGG DUIUD NO )IOGFIT'. SULDING HEIGHT: 1—, 14 1 MILY UNIrs ID IS IN.: DO0 x Ci PARK u 1 13 HOLCOMBE REDU ED,. SPACES 1 11 ' ' L --------- STREETI -- IR 0------- -- - U) I A LL 301 41 1 1 UU STREET T-- ---1 -------- LEGEND i -------- 12 42 1S 41 1 1 2) XME WALKING 12 1S z2 IS —=.-STREETL ------ I I m 24 4 NORTHFIELD DA - EXHIBIT2 MATCH LINEPAGE 3 LINE PAGE 2 PROJECT NO. MEG20002 FILE PATH J:10111ME-DOOZE—N—CEPT PIAN 4 S 5 1 1 S 15l 14 3 12, 11 l.' 7 I 10a Z ID 0 10, WALKING TRAIL 4 MATCH LINE PAGE 3 E .............. .............. LINE PAGE 2... OWNERS V DEVELOPER PLANNER/ ENGINEER CONCEPT PLAN FOR E KAYAGA HOLDINGS U-C APARTMENTSUI OVE LOOK PL NACAPRI B4 OVERLOOKINCPLRYE. NY IOSSO 330 MEGAT L HOMES PELOTON RYE, NY 1058G-3 41 2701 -11TI -I L A.. L.I . L . 1. NORTH CEDARSPRINGSROADJY&KC KIM YOUNG & TIM MUELLER sulTE 7,,. 11000 R C." CT DA2TGL AMHERSTAVEAlEOVERLOOKPUJUI. 75201 SUITE GALLAS. TK 152::R9.01 RYE, NY 1.110-0 GRmHCScaIB 45 CCNTACT. ZACH [ POUR FRISCO. TEXAS 753 Co PHON :- 2-18DD INTACT: 0XVID KAL+IDEFER 7 I 10a Z ID 0 10, WALKING TRAIL 4 MATCH LINE PAGE 3 E .............. .............. LINE PAGE 2... OWNERS V DEVELOPER PLANNER/ ENGINEER CONCEPT PLAN FOR E KAYAGA HOLDINGS U-C APARTMENTSUI OVE LOOK PL NACAPRI B4 OVERLOOK INCPLRYE. NYIOSSO 330 MEGAT L HOMES PELOTON RYE, NY 1058G- 3 41 2701 -11TI -I L A.. L.I . L . 1. NORTH CEDAR SPRINGSROADJY&KC KIM YOUNG & TIM MUELLER sulTE 7,,. 11000 R C." CT DA 2TGLAMHERST AVEAlEOVERLOOKPUJUI. 75201 SUITE GALLAS. TK 152:: R9.01 RYE, NY 1.110-0 GRmHCScaIB 45 CCNTACT. ZACH [ POUR FRISCO. TEXAS 753 Co PHON :-2- 18DD INTACT: 0XVID KAL+ IDEFER MATCH LINEPAGE' MATCH LINEPAGE SL ..........................6.............................. ................................................................................................ ..................................................................... MATCHLINEPAGE4 MATCH LINEPAGE 4 NZ J 1, L ----------- ---------------- -------------- VICINIrPq7 ------- --------- --------------------- 7 % SITE INFORMATION ZONING: NING: z, AND WE: SINGLEFAMILY. MuLTWAMILY, I mWERCIAL LOT AREA: 14.SET.751.B SO. FT. I M1.1 11 ACRES SINGLE-FAMILY "el 'J SF-Z SF -SO TOTAL NUMBER OF LOTS: 56a T—L NUMBER OF LOTS: 651 MULTI -FAMILY TRACT BUILDINGINFORMATION 2=11; F V as TOTAL# UNITS: GOD BLDIN NEwNT: ]STONES M4K. UILDIBGNMH . S 60 BLOCK Q2MULTIFAMILYUNIT0 PARKING: I I LOT 3 > PD C 18/ 21.3 PROVIDES: I — LEGEND sm vnw • Ngo_- arcZ 7- ' go—, -------------- rm WE _-97c, El X BLOCK 42LOT IAN.SF2 0 (PD 16. 5C 2 IT MA,CNRy NW, WALL25' BUILDING SETBACKIS MATCH LINE IMATCH LINEPAGE 4I., 8'WAL ING TRAIL --P .. ............. ...................... ......... ............DA — EXHIBIT 2MATCH LINEPAGE 3K TYP.) MATCH LINE PAGE 3 PROJECT NO. ME=QDZ RILE PATH J:JOffi MEG20WZENTUCONINMCONCEPT PLAIN D N BY MRB RE, lEVIEDBYOAK DATE NOVIEMB-4.TS213 NORTH OWNERS oAKAODDVILLAGE KAYASA HOLDINGSLLCAPARTMENTS INC 84 OVERLOOK PL R4OVELOOKFLRYE, NY 1080 33II5RYE, NYR0580 334 JY& KCLLC KIM YOUNG & TIM MUELLER DEVELOPER ME TEL HOMES 27010EDARSP INGSROAD SUITE 700 PLANNER IENGINEERal PELOTON 11DEC FRISCO STREETDATE C PLANFOR REVISIONS ADDRESSING IST&NDSUBTAI—COMMENTS 2708 AMHERSTAVE M OVERLOOK PL DALLAS. TIT 7522-01 WE, W 10581 3345 CONTACT: ZACH IPOUR SUITE 400 FRISCO. TEXAS 75033 NOV N. 202D ADDRESSING 3RD SUBMITTAL COMMENTS OpgpNk scnLE REv ACT, PHDNE;489-213 1800 CONTACT DAVID KALHDEFER 4 7 ... .... ....... .... ..... ........................ 75MATCHLINEPAGE51STREETHl ------------- ---------- 7ST""' 41 34 34 W 114 t-u13STREETN2- 770, LU 14 'IS 12 11 STREETJ2 a lo EXISTINGII1Eq 2 4 w I PDTrsl -------- T u) u4v . 0 mw 13 w STREETM- 'D IS Of 43 LL-iw 7 IS j ISD: - -------- -- 4----STREETC1 f-- ll'TREE ..... . 10'WALKiNGTRAII I -------KIttl ----------------- PRESERVAI.", I I T 77- . 1 L -1•- ; . — . , I EASEMENT (Typ') 7 1 IF- IS IS181 4 1 1 4* 13 J slrEETPZ j--- IS IT 4 EXISTINGTREES12STREETul -------- I13 STREET HEETUl -------------------- MULTI- FAMILY TRACT Do TO 3BUILDINGINFORMATIONx cc I . I ; 1 1 1 IS f 17 pp I12600 - - - - - - - tz TOTALUNITSE. STREET ETEl-4— ---------- I --------- I ------------------------ 4 LBING —1 41— ------- - REET El -------- r. r IS ......... . 1b avrmEw. PARKING: EEQUI— q- VICINITY MAP P"VB"- —SPACES 14 1 ALEGEND 41S < 14 I m SITE INFORMATION SD ZONING p-10'WALKING TRAIL — LAND USE. SINGLE FAND.Y.MlJLTWA ILY (Typ.) 2D commmom 14ffl8j5I..$ Q.FT-1.1I—RE3 EXISTING 21 UOTAR- TRAIL ME TREES 27 19 =- SINGLE- FAMILYSTREET AlSF- Z SF-507 -------- MIN. LOT WIOIH: 40' MIN. U0TWIG Hill MINAGTDEPTH: 1. j MIN. LOT DEPTH: — I.— UNG—LOTE, - TOTALN-1—S. .1 MATCH LINEPAGE 5MATCH LINEPAGE 5DA ....... L EXHIBIT2 .................. 7 4 MATCHLINEPAGE4 ; I -. : : . MATCH LINEPAGE 4PROJECTNO-.- MEG20002 FILE PATH j,!OBI MEG20D021ENTIZONING—NCEPT PLAN DRAWN BY NNIB REVIEWED BY OAK OWNERS GAXV, oOo VILLAGE KAYASA HOLDINGS LLC APARTMENTS INC M GVMLOOK PL M DVE OOK PL RYE. W 10511-45 RYE. NY %05BM34E DEVELOPER NIEGATEL MMES PLANNER/ ENGINEER hill PELOTON CONCEPT PLANFOR DAM NOVEMB DAM REVISIONS ADDRESSINGNOV 1SENDSUBMCommNOV2..EZ205 ADWESSIN.SR. SIIBMITTALCOMMENT9 NORTH cwPHN scuE KCLLC KIM YOUNG & TIM MUE11ER 270SAMHERSTAVE 84 OVERLOOK PL GAU-AE, TX 75n 7901 RYE, NY 10ESD-3345 R6r ACT. 2701 CEDAR SPRINGS ROAD SUITE700 DAL1A5.1X i4201CONTACT. UCH POUR DGDFfUSC STREET 0 SUITE400FRIS0. TEXAS 75033 PHIONE,--800 CONTACT: DAVID KALHOEFER SINGLE-FAMILY LEGEND K 4 _ SF-Z SF-60 . "uF' -w O v4x.LOT OEVTx: t4a NIR LOT OSmw tzo• - ... - HaEROELo1: MULTIFAMILY>TRACT BUILDINGINFORMATION wuc. an°`wwii u°oiinis°rw..,a ,w.x meu[ x::. VICINITYMAP TOTAL # UNITS: B00 s—NIHElc 1STOMESYnx. H— SITEINFORMATION MA,vARaruwrsPARKING: ZCxIxG: PDAIU i RE i WA U6E: 9bC E'FGN4LY,L 12m 5vkE5 I LOrAREA: ,+ssuaslesO. Er.txullACRES bvr..,o, 10'WALKING TRAILj (TYP.) IAI s99.1r1•E 1+ee.r9 I_ _ - FUTUREMANTUA ROAD a NRY B' WALKINGTRAIL - - - - ___sfie•4r41•E 40L1 1 ] 3 4 5 B T d I 9 10 it 1z jEXISTING _ _ _ __ _ --1 _ - _ __ __... p .`pi B > B B 11 12 ' 19 20v THEEXISSTREETA2 - I - - - - 10' TREE PRESERVATIONEASEMENT DI 1 zr I 1 s I - - - STREET K1 - fT- __ _ 1,1 O' WALKING TRAIL I I (TYPJ Is 9 i s i I i 11 - 16 . 1] tm I,- T_ --------- STREETB2 _l --._.. i eSTREETJl 4 s e r, I - r _ _ _ I -- - "STREET J4= _ _ 1 a. 4 I s 6zj 10'TREE ° PRESERVATIOY' - - _ .._.._. ._..._ _ ®_J I 9 4e l 1 a 1 ;°•Is ,e n to A' u 1a 1 EASEMENT r_ 19 ISTREETC2 -- H - z 4'..'-'-- - - - I' r I T I I 1 2] 6 6 r 8. 9-1 12 4--] L12.._.. 11- 10- Y14 I91 L1 ] - xlLt se '\61- C I , I' I O•: 19 10 1T.:. 1 ' D LL I 16 i STREET D2 STREET D2I B i I 1 _ STREET 11 - _ 10' IL 4 : 10'1WALKING TRAIL , I _ - I ----._._.., 2z I T 1 . 20 x1 'zz. u z4 u ze ais itit8STREET0xu • 19 ,6 15 14 - j3 MATCH LINEPAGE 6 , I 1a I ' STREET 12 - - - I n I xxY 16 I I _ - _ i.K. ......... a i. _ . t- DA —EXHIBIT J5' STREET PROJECTND. MEGMN2 OWNERS FILE PATH J:JOBI MEG200BPENt1ZONINOCONCEPT PLAN !/ ,, OAKWOODVILLAGE KAYASp HOLDINGSLLC U DRAWNBYMRBAPARTMENTS INC 84 OVERLOOK PLB40VERLDOK PL RYE, NY 10580 " REVIEWED BY OAK RYE, NY,OSBPD]46 DATE NOVEMBER4,202D NORTH JY d KE ST NIM YOUNG d TIM MUELLE0. DATE REVISIONS 2r118 AM HERSTAVE 84OVERLOOK PLNOV 20, 2020 AppRESSING,STd 2Np SUBMRTALCOMMENTS we m OAIIA6. TK T5225-T90tRYE. NY 1050D3345 NOV24, 2020IADDRESSING]RD SUBMITTALCOMMENTS cRAP19CSGLE Rv nz- 4a41s4T j14 1 12® 11 9 9 i 2 .............. I 141 116 i ] i m lz I! I 1s m ITB - 1iIB }I > e e t0 11 I2 t -- --' STREET N7 ---- iI . I I '-'-._._. ._.. ._. _._.. i i I to Of ALL 1 I IzB ®"ALL A I Im aB ; I' --------------- STIR° EET M1 _ i-_ 12I 26 22 21 p i9 iB 1r 16 is 14 13 STREET Q7 -_ _ -- A y t ; Xj111 iI MATCHLINE PAGE 6aL_•••: °;• ••• • e• • s ' 16 11 wiz •• t •• ••a • •MATCH LINE PAGE 5 PLANNER I ENGINEER CONCEPT PLAN FOR MEGATEL HOMES lii1lPELOTON ANACAPRI 2TOI CEDAR SPRINGS ROAD LANvao LUTtB _ SUITET00 I I Ii100D FRISCO MEETNs ,a,n,,,,,,, ,•„•,,,, DA4A3. T%r5201SURE 4.=ZK- CONTACT: 2ACH IPOUR FRISCO TEKA 11..1100.-21. 3PHONE:: CONTACT:'AVIDKALHOEFER ..u.s° EXH BITDA-3 DevelopmentAgreement DEVELOPMENT AGREEMENT ThisDevelopmentAgreement (this "Agreement") isenteredeffectiveasofDecember, S, 2020 ("EffectiveDate") betweenand amongtheCityofAnna, Texas, a Texashome -rule municipality ("City") andOakwoodVillageApartments, ("PropertyOwner") asfollows: RECITALS WHEREAS, thePropertyOwnersarethesoleownerof111.66acresofrealpropertydescribed inExhibit1and depictedon Exhibit2, (the "Property"); and, WHEREAS, thePropertyispresentlyundercontract (the "Contract") tobe soldbytheProperty OwnerandpurchasedbyMegatelHomes ("Developer'). WHEREAS, PropertyOwnershave, attherequestofDeveloper, appliedtorezonetheProperty toallowforPlannedDevelopment -Multi -Use whichwillincludethefollowingzoningdistricts withmodifieddevelopmentstandards; C-1 RestrictedCommercial (C-1), SF-60Single -Family ResidenceDistrict (SF-60) and, SF-Z Single -FamilyResidenceDistrict - Zerolotlinehomes SF-Z); and, WHEREAS, theCity's Planning & ZoningCommissionand CityCouncilhavegiventhe requisitenoticesbypublicationandotherwiseandhavescheduledpublichearingswithrespect totherezoningofthePropertyasrequiredbylaw; and, WHEREAS, inthecaseofthePropertybeingrezoned, theCityandPropertyOwnerdesireto enterintoadevelopmentagreementtoestablishdevelopmentanddesignregulationstoensure thatfuturedevelopmentisappropriatefortheareaandfitsinwellwithadjacentproperties; and, WHEREAS, itistheParties' mutualintentthatthisagreementshallgovernonlythesubject matterspecificallysetforthhereinand shallsupersedeprovisionsofAnna CityCode of Ordinancesand otherregulationsand adoptedpoliciesof theCity (collectively, "City. Regulations") onlytotheextentthatanysuchCityRegulationsdirectlyconflictwiththeterms ofthisdevelopmentagreement; and, NOW, THEREFORE, inconsiderationoftheaboverecitalsand themutualconsiderationas reflectedinthecovenants, dutiesand obligationscontainedherein, thesufficiencyofwhichis herebyacknowledged, thePartiesheretoagreeasfollows, effectiveasoftheEffectiveDate: SECTION1. RECITALSINCORPORATED. The recitalssetforthaboveareincorporatedhereinas ifsetforthinfulltofurtherdescribethe Parties' intentunderthisdevelopmentagreementandsaidrecitalsconstituterepresentationsby PropertyOwners, Developer, andtheCity. SECTION2. DEVELOPMENTSTANDARDS / BUILDINGMATERIALS. Withrespecttoallstructures/developmentwithinthePD-MU ZoningDistrict, PropertyOwner agreestocomplyortocausethebuilderstocomplyand anyothersuccessorsorassignsto complywithallCityRegulationsand withthemasonrymaterialrequirementsandallother requirementsoftheAnnaCityCodeofOrdinances, Article9.04 ZoningOrdinance, Section 9.04.034SupplementaryDistrictRegulations, Subsection (e) ArchitecturalDesignStandards andwiththefollowingstandards (intheeventofanyconflict, thefollowinglistedstandardsshall govern). NonresidentialBuildings A. Atleast80% oftheexteriorwalls (excludingdoors, doorframes, windows, andwindow frames) shalluse onlystone, brick, and/orsplitfaceconcretemasonryunitsinthe constructionoftheexteriorfacadethatarevisibletothepublic. B. Otherfinishesand materialsmay be usedatthesolediscretionoftheCityCouncilif adoptedaspartofthesiteplanapprovalandifpermittedbybuildingandfirecodes. C. Atleast60% ofexteriorfacadesnotvisibletothepublic (excludingdoors, doorframes, windows, andwindowframes) arerequiredtobe brickorrockveneer. D. A maximumof10% ofanyexposedexteriorwallmayconsistofEIFS E. Wherethefunctionofan individualbusiness, ortherecognizedidentityofabranddictates a specificstyle, image, orbuildingmaterialassociatedwiththatcompany, themasonry provisionmay be modified; however, thedevelopmentshallmaintainharmonyinterms ofoverallprojectdesignand appearance, andsuchdesignshallbe subjecttoapproval bytheCityCouncilafterrecommendationfromthePlanning & ZoningCommission. Multiple -FamilyResidenceBuildings A. Allmulti -familybuildingsandstructuresshallhaveatleastsixtypercent (60%), forthe firstthreestoriesofthetotalexteriorwallsabovegradelevel, excludingdoorsand windows, andrecessedbalconyareas (shouldbeallowedasplanebreak), constructed ofmasonry (brick/rockveneer) materialswithno morethanfortypercent (40%) consistingofcementitioussiding (Hardieproducts) orstuccomaterials. B. A maximumof10% ofanyexposedexteriorwallmayconsistofElFS C. Roofingmaterialsforbuildingsandstructuresmustbe architecturalroofshingles, said shinglesshallbe accompaniedwitha minimum25-yearwarranty. Underno circumstanceshallthree -tabshinglesbeusedasroofingmaterial. Single -FamilyResidenceBuildings (SF-60 andSF-Z) A. Exceptasnotedbelow, theexteriorwalls (excludingwindowsanddoors) on thefirst -floor frontelevationofany structureshallbe 90 percentmasonryand 80 percenton the second -floorfront elevation. Thetotalcumulativesurfaceareaoftheremainingexterior walls (excludingwindowsanddoors) shallbe 80% masonry. B. A maximumof10% ofanyexposedexteriorwallmayconsistofEIFS. C. SecondfloorDutchgableroofelementsarenotrequiredtobemasonryifsetbackatleast 3 feetfromthefirst -floorfrontelevationverticalplane. D. The masonrystandardsthatapplytothefrontelevationofa structureasdescribedin subsection (A) aboveshallalsoapplytoanyexteriorwallson a structurethatare: (i) adjacenttoand facea publicstreetorright-of-way; or (ii) visiblefromand located immediatelyadjacenttoa publicpark, reservedopenspaceorneighborhoodcommon area, oran undevelopedfloodhazardordrainageareathatisalsoadjacenttoa public street. E. Roofingmaterialsofa structuremay onlyconsistofarchitecturalasphaltshingles includinglaminateddimensionalshingles), clayand concretetile, metalshingles, mineral -surfacedrowroofing, slateandslate -typeshingles, woodshingles, woodshakes oran equivalentorbetterproductas comparedwithsaidmaterials. Shouldarchitectural shinglesbeusedasroofingmaterial, saidshinglesshallbe accompaniedwitha minimum 25-yearwarranty. Underno circumstanceshallthree -tabshinglesbeusedas roofing material. F. Allgaragesmust alsoincorporatewood clad (orequivalent) garagedoorsorwood compositedoorsandcontainatleasttwoofthefollowingenhancements: i. Two singlegaragedoors (inlieuofdoubledoors); ii. Decorativewindows; iii. Decorativehardware; iv. Garagedoorrecessedaminimumof12 inchesfromthegarageface; v. Caststonesurround. vi. Eight -foottallgaragedoors. G. Alldoorson thefontfacadeofa residenceshallbe constructedofwood, iron, glass, and/orarchitecturalfiberglass. SECTION3. NOTICES. Anyandallnoticesrequiredtobegivenbyeitherofthepartiesheretomustbeinwritingand willbe deemeddelivereduponpersonalservice, ifhand -delivered, orwhen mailedinthe UnitedStatesmail, certified, returnreceiptrequested, addressedasfollows: To City: CityManager CityofAnna 111 NorthPowellParkway PO Box776 Anna, Texas75409 To PropertyOwner(s): OakwoodVillageApartments, Inc. 84 OverlookPlace Rye, NY 10580 SECTION4, MODIFICATIONSOR TERMINATION, ThisAgreementmay onlybe modifiedand/orterminatedasfollows: (a) by mutualwritten agreementofPropertyOwnerand City; and/or (b) unilaterallybyCityupondefaultofthe PropertyOwner. NotwithstandingtheforegoingoranyotherprovisionofthisAgreement, this Agreementshallterminateandbe nullandvoidiftheCitydoesnotapprovetherezoningof thePropertytobe zonedas PlannedDevelopment -Multi -Use whichincludesthefollowing zoningdistrictwithmodifieddevelopmentstandards; RestrictedCommercial (C-1), Single FamilyResidence-60 (SF-60), andSingle -FamilyResidence -Zerolotlinehomes (SF-Z), as setforthinSection9.04 oftheAnna CityCode ofOrdinances, ("ZoningOrdinance"). The partiesacknowledgeandagreethattherezoningofthePropertyisa legislativeactandthat thisAgreementdoesnotbindtheCityCounciltoapproveanyproposedrezoningofthe Property. SECTION5. CLOSING. The ContractprovidesthattheclosingandfundingofthesaleofthePropertyshalloccuron December28, 2020, unlessotherwiseamendedby thepartiestotheContract (the "Closing"). Notwithstandinganythingtothecontraryherein, uponClosingand fundingofthesaleofthe Property, DeveloperoritssuccessorsorassignsshallfullyassumeallofPropertyOwner's rights and obligationsunderthisAgreementand Oak VillageApartments, Inc., itssuccessorsand assigns, shallbefullyandcompletelyreleasedfromthisAgreementforallpurposes, withoutthe necessityofadditionalnoticefromoractionby anyParty. NothinginthisSection5shallserve toreleaseanysubsequentownersofthePropertyfromtheterms, conditions, andobligationsin thisAgreement. IfClosingdoesnotoccurandtheContractisterminated, theCityagreestoreasonablycooperate withPropertyOwnertomodifythetermsandconditionsofthisAgreementtoaccommodateany subsequentpurchaser(s) and/oralternativeuse(s) oftheProperly. SECTION6, DEFAULT, IfPropertyOwner, itsheirs, successorsorassignsorsubsequentownersoftheProperty, failto fullycomplywithallthetermsand conditionsincludedinthisAgreement (the "Defaulting Owner"), Citywillhavethefollowingnon-exclusiveandcumulativeremedies. A. Withholdingofutilitiesorwithholdingorrevocationofpermitsand otherapprovals requiredfordevelopmentanduseoftheportionofthePropertythatisthesubjectof thedefault (butno otherportionsoftheProperty) includingwithoutlimitationbuilding permitsandcertificatesofoccupancy. B. The DefaultingOwner, oritsheirs, successorsorassigns, orsubsequentownersof theProperty (collectively, the "DefaultingDeveloperParties") shallbe liabletopayto theCitythesum of $2,000foreachfailuretofullycomplywiththedevelopment standardssetforthinSection3ofthisAgreement. The DefaultingDeveloperParties shallbe liabletopaytheCitysaid $2,000sum perdayforeachdaythatsuchfailure tocomplyoccurs. The sumsofmoneytobe paidforsuchfailure(s) isnottobe consideredasa penalty, butshallbe deemed, takenand treatedas reasonable liquidateddamagesthataccrueperdaythatsucha failureshallexistoroccur. The saidamountsarefixedandagreeduponbythepartiesbecauseoftheimpracticability and extremedifficultyoffixingand ascertainingtheactualdamagestheCityinsuch eventwouldsustain; and saidamountsareagreedtobe theamountsofdamages whichtheCitywouldsustain. Notwithstandingtheforegoing, noneoftheDefaulting DeveloperPartiesshallbe liabletopaytheliquidateddamagesthataccrueunderthis paragraphunlessthereisa breachofanymaterialtermorconditionofthisAgreement andsuchbreachremainsuncuredafterforty-five (45) calendardaysfollowingreceipt ofwrittennoticefromtheCityprovidedinaccordancewiththisAgreementdescribing saidbreachinreasonabledetail (or, ifthecureofthebreachhas diligentlyand continuouslybeen undertakenbutreasonablyrequiresmorethanforty-five (45) calendardaystocure, thensuchadditionalamountoftimeas isreasonablynecessary toeffectthecure, as determinedbybothPartiesmutuallyandingoodfaithbutinno eventshallsuchadditionalperiodexceed120daysunlessagreedtoinwritingbythe partiestothisAgreement). In theeventofa breachthatisnottimelycuredin accordancewiththisparagraph, thesum ofliquidateddamagesshallbe calculatedto includeeachandeverydayoftheoccurrenceofthebreachbeginningonthedatethat theCityfirstprovidedwrittennoticeofsuchbreachunderthisparagraphandtheCity shallnotbe requiredtoprovideasubsequentwrittennoticesastosubsequentdates ortimesduringwhichsuchbreachisrepeatedorcontinuestooccur. C. Intheeventofa default, thenon -defaultingpartywilladditionallyhaveanyand all remediesavailabletoitatequityorinlaw. SECTION7. BINDINGON SUCCESSORS, AGREEMENT RUNS WITH THE LAND. Exceptasotherwiseprovidedforherein, thisAgreementwillbebindinguponandinuretothe benefitoftheparties' respectivesuccessors, assignsand personalrepresentatives. This Agreementwillrunwiththelandandbe bindingonallsubsequentPropertyOwners. SECTION8. INDEMNIFICATIONAND HOLD HARMLESS. THE DEVELOPER, INCLUDINGITSSUCCESSORS AND ASSIGNS (THE "INDEMNIFYING PARTY"), HEREBY _COVENANTS AND AGREES RELEASE, DEFEND, HOLD HARMLESS, AND INDEMNIFYTHE CITYAND ITSOFFICERS, AGENTS, SERVANTS AND EMPLOYEES, FROM AND AGAINSTALL THIRD -PARTY CLAIMS, SUITS, JUDGMENTS, DAMAGES, AND DEMANDS (TOGETHER, "CLAIMS") AGAINSTTHE CITY, WHETHER REAL OR ASSERTED INCLUDINGWITHOUT LIMITATIONREASONABLE ATTORNEY'S FEES, RELATED EXPENSES, EXPERT WITNESS FEES, CONSULTANT FEES, AND OTHER COSTS, ARISINGOUT OF THE NEGLIGENCE OR OTHER WRONGFUL CONDUCT OF THE INDEMNIFYINGPARTY, INCLUDINGTHE NEGLIGENCEOR OTHER WRONGFUL CONDUCT OF ANY OF ITS EMPLOYEES, CONTRACTORS, SUBCONTRACTORS, MATERIAL MEN, AND AGENTS, IN CONNECTION WITH THE DESIGN OR CONSTRUCTION OF ANY PUBLICINFRASTRUCTURE, STRUCTURES, OR OTHER FACILITIESOR IMPROVEMENTS THAT ARE REQUIRED OR PERMITTED UNDER THISAGREEMENT AND/OR CITYREGULATIONS AND/OR ANY APPLICABLE DEVELOPMENT STANDARDS AND/OR ANY OTHER GOVERNING REGULATIONS; AND ITIS EXPRESSLY UNDERSTOOD THAT SUCH CLAIMSSHALL, EXCEPT AS MODIFIED BELOW, INCLUDE CLAIMS EVEN IF CAUSED BY THE CITY'S OWN CONCURRENT NEGLIGENCE SUBJECT TO THE TERMS OF THIS SECTION. THE INDEMNIFYING PARTY SHALL NOT, HOWEVER, BE REQUIRED TO INDEMNIFYTHE CITYAGAINST CLAIMS CAUSED BY THE CITY'S SOLE NEGLIGENCE. IFTHE CITYINCURS CLAIMS THAT ARE CAUSED BY THE CONCURRENT NEGLIGENCE OF THE INDEMNIFYING PARTY AND THE CITY, THE INDEMNIFYINGPARTY'S INDEMNITYOBLIGATIONWILL BE LIMITEDTO A FRACTION OF THE TOTAL CLAIMS EQUIVALENTTO THE INDEMNIFYING PARTY'S OWN PERCENTAGE OF RESPONSIBILITY. THE INDEMNIFYINGPARTY FURTHER COVENANTS AND AGREES TO RELEASE, DEFEND, HOLD HARMLESS, AND INDEMNIFY, THE CITYAGAINSTANY AND ALLCLAIMSBY ANY PERSON CLAIMINGAN OWNERSHIPINTERESTINTHE PROPERTYAS OF THE DATE HEREOF WHO HAS NOT SIGNEDTHISAGREEMENT IFSUCH CLAIMSRELATEINANY MANNER OR ARISEINCONNECTIONWITH: (1) THE CITY'S RELIANCEUPON ANY OF THE INDEMNIFYINGPARTIES' REPRESENTATIONSIN THIS AGREEMENT; (2) THIS AGREEMENTOR OWNERSHIPOF THE PROPERTY: OR (3) THE CITY'S APPROVAL OF ANY TYPEOF DEVELOPMENTAPPLICATIONOR SUBMISSIONWITHRESPECTTO THE PROPERTY. At no timeshalltheCityhaveany controloverorchargeofthedesign, constructionorinstallationofanyoftheimprovementstothePropertyorrelatedworkor undertakings, northemeans, methods, techniques, sequencesorproceduresutilizedforthe design, constructionorinstallationrelatedtosame. ThisAgreementdoesnotcreateajoint enterpriseorventurebetweentheCityandanyoftheIndemnifiedParties. ThisSection8will survivetheterminationofthisAgreement. SECTION9. RECORDATION. The partiesmay recordthisdocumentinthepropertyrecordsofCollinCountyon orafter one (1) businessdayafterClosingandfundingoftheContract. SECTION 9. ENTIREAGREEMENT. ThisAgreementistheentireagreementofthepartiesregardingthesubjectmatter hereto. SECTION10. RECITALSAND EXHIBITS. Therecitalshereinandexhibitsattachedheretoareherebyincorporatedbyreference. SECTION11. AUTHORITY. PropertyOwnerrepresentsandwarrantstotheCitythatthePropertyOwnerownstheProperty thatthisAgreementisbindingandenforceableontheProperty. SECTION12. INVALIDPROVISIONS. IfanyprovisionofthisAgreementisheldnotvalid, suchprovisionwillbe deemedtobe excised therefromandtheinvaliditythereofwillnotaffectanyoftheotherprovisionscontainedherein. SECTION13. EFFECTIVEDATE, ThisAgreementwillbe effectiveupontheEffectiveDatefirststatedherein. CITYOF ANNA 03 JimProce, CityManager IN WITNESSWHEREOF: STATE OF TEXAS COUNTY OF COLLIN Beforeme, theundersignednotarypublic, on the day of , 2020, appearedJimProce, knowntome (orprovedtome) tobethepersonwhosenameissubscribed totheforegoinginstrument, andacknowledgedtome thatheexecutedthesameinhiscapacity asCityManageroftheCityofAnna, Texas. NotaryPublic, StateofTexas OAKWOOD VILLAGEAPARTMENTS INC., a Texaslimitedpartnership, By: OAKWOOD VILLAGEAPARTMENTS INC, ManagingPartner Is Name, title INWITNESSWHEREOF: STATE OF COUNTY OF Beforeme, theundersignednotarypublic, onthe dayof , 2020, appeared knowntome (orprovedtome) tobe thepersonwhosename is subscribedtotheforegoinginstrument, andacknowledgedtome thathe/sheexecutedthesame inhis/hercapacityas managingmemberofOAKWOOD VILLAGEAPARTMENTS INC. inits capacityasmanagingpartnerofOAKWOOD VILLAGEAPARTMENTS INC., a Texaslimited partnership. NotaryPublic, Stateof EXHIBIT01 $1 PROPERTY DESCRIPTION DA - Exhibit1 BEINGA TRACTOF LAND SITUATEDINTHE S.E. ROBERTS SURVEY, ABSTRACT NUMBER 786, AND THE E.W. WITT SURVEY, ABSTRACT NUMBER 997, COLLIN COUNTY, TEXAS, AND BEINGALLTHOSE TRACTSOF LAND TO JY & KC LLC, (A LIMITEDLIABILITYCOMPANY) RECORDED IN INSTRUMENT NUMBER 20170608000746940ANDYOUNG KIMAND TIMMUELLERRECORDED ININSTRUMENTNUMBER 20170608000747130OFTHE PUBLICRECORDS, OF COLLIN COUNTY, TEXAS BEING MORE PARTICULARLY DESCRIBEDBY METES AND BOUNDS AS FOLLOWS: BEGINNINGAT THE NORTHEASTCORNER OF SAIDTRACTOF LANDTO YOUNG KIMAND TIMMUELLER AND THE INTERSECTIONOF COUNTY ROAD 371 (A PAVEDTRAVELEDRIGHT-OF-WAY NO RECORD FOUND) AND COUNTY ROAD 369 (A DIRT ROAD NO RECORD FOUND); THENCE S 01029' 28" W, 3,020.79 FEET; THENCE N 88029' 00" W, 1,211.97 FEET; THENCE N 88024' 04" W, 595.03 FEET; THENCE N 00022' 19" W, 762.13 FEET; THENCE S 88020' 59" W, 967.26 FEET; THENCE N 00046' 25" W, 1,103.04 FEET; THENCE N 01017' 03" W, 1,185.56 FEET; THENCE S 89017' 12" E, 1,496.78 FEET; THENCE S 88041' 41" E, 591.09 FEET; THENCE S 88038' 16" E, 810.84 FEET TO THE POINT OF BEGINNING AND CONTAINING 7,817,617 SQUARE FEETOR 179.468ACRES MORE OR LESS. Thisdocumentwas preparedunder22 TAC 663.21, doesnotreflecttheresultsofan on thegroundsurvey, andisnottobe usedtoconveyorestablishinterestsinrealpropertyexceptthoserightsandinterestsimpliedorestablishedbythecreationor reconfigurationoftheboundaryofthepoliticalsubdivisionforwhichitwasprepared." Page1 of3 DA - Exhibit1 BEINGA TRACTOF LANDSITUATEDINTHE MARTINMOORE SURVEY, ABSTRACTNUMBER 649, COLLIN COUNTY, BEINGALLOF THATTRACTOF LAND TO KAYASAHOLDINGS, LLC, RECORDED IN INSTRUMENT NUMBER 20190807000946750OFTHE PUBLICRECORDS, OF COLLINCOUNTY, TEXASBEINGMORE PARTICULARLYDESCRIBEDBY METES AND BOUNDS AS FOLLOWS: BEGINNINGAT THE SOUTHEASTCORNER OF SAIDTRACTTO KAYASAHOLDINGS, LLC, AND THE SOUTHWEST CORNER OF A TRACTOF LAND TO ANNA HIGHSCHOOL ADDITIONVOLUME 2011, PAGE 176OF THE PUBLICRECORDS, OF COLLIN COUNTY, TEXAS; THENCE S 87037' 19" W, 305.11 FEET; THENCE N 00° 42' 02" E, 349.90 FEET; THENCE N 89016' 32" W, 299.87 FEET; THENCE S 00043' 07" W, 365.55 FEET; THENCE S 87053' 01" W, 680.29 FEET; THENCE N 01016' 12" E, 1,825.73 FEET; THENCE S 89011' 16" E, 1,266.20 FEET; THENCE S 00° 42' 28" W A DISTANCEOF 1757.83 FEETTO THE POINTOF BEGINNINGAND CONTAINING 2,177,993 SQUARE FEET OR 50.000ACRES MORE OR LESS. Thisdocumentwas preparedunder22 TAC 663.21, doesnotreflecttheresultsofan on thegroundsurvey, andisnottobe usedtoconveyorestablishinterestsinrealpropertyexceptthoserightsandinterestsimpliedorestablishedbythecreationor reconfigurationoftheboundaryofthepoliticalsubdivisionforwhichitwas prepared." Page2 of3 DA - Exhibit1 BEINGA TRACTOF LANDSITUATEDINTHE F.T. DUFFAU SURVEY, ABSTRACTNUMBER 288, COLLIN COUNTY, BEINGALLOF THATTRACTOF LAND TO OAKWOOD VILLAGEAPARTMENTS, INC., RECORDED IN INSTRUMENT NUMBER 20171201001594200OF THE PUBLIC RECORDS, OF COLLIN COUNTY, TEXAS BEINGMORE PARTICULARLYDESCRIBEDBY METES AND BOUNDS AS FOLLOWS: BEGINNING AT THE NORTHEAST CORNER OF SAID TRACT TO OAKWOOD VILLAGEAPARTMENTS, INC., AND THE NORTHWEST CORNER OF A TRACTOF LAND TO JOSE FACUNDO & JOSEFINA0. FACUNDO VOLUME 4625, PAGE 759 OF THE PUBLIC RECORDS, OF COLLIN COUNTY, TEXAS; THENCE S 00031' 02" W, 245.38 FEET; THENCE S 00027' 51" E, 1,574.05 FEET; THENCE S 00024' 40" W, 868.25 FEET; THENCE N 89008' 54" W, 988.59 FEET; THENCE N 88050' 11" W, 851.70FEET; THENCE N 00033' 18" E, 2,640.14 FEET; THENCE S 88027' 53" E, 34.21 FEET; THENCE S 01016' 12" W, 36.09 FEET; THENCE N 87053' 00" E, 813.02FEET; THENCE S 89028' 03" E, 336.61 FEET; THENCE N 87039' 22" E, 628.19feettothePOINTOF BEGINNINGAND CONTAINING4,837,814SQUARE FEETOR 111.061ACRESMORE OR LESS. Thisdocumentwas preparedunder22 TAC 663.21, doesnotreflecttheresultsofan on thegroundsurvey, andisnottobe usedtoconveyorestablishinterestsinrealpropertyexceptthoserightsandinterestsimpliedorestablishedbythecreationor reconfigurationoftheboundaryofthepoliticalsubdivisionforwhichitwas prepared." Page3 of3 EXHIHIS C_O NC EPT'P-'.-L-A--N" 40EPAGE3 %• MATCH LINEPAGE 3MATCHLINE Jew i low N• . ........ WOMEN No a tl ISO a NORM 1jimmoomm MATCH LINEPAGE 2MATCHLINEPAGE22 W 134d3321pop a cy % 2234 A=. 36 e % Ug 35 36A z A al IS 0 1j 34 25 % 33 16 10 224 % 29 to 2*• 23 25 M SHELDON 1z VICINITY MAP 31 22 1 27 W MASONRY % 1 1 WALL % 30 13 wm- ZI I 2 SITE INFORMATION 20 25 M 3 mZONING: PD-MU 7 15 SINGLE FA M LANDUSE: CM FAMILY, is 1, 24 4 ERCIAL 0& MULTI 8 L 27 Is .4LOT AREA: 14.858.751.6 SO. FT. 134 1.111 ACRES 19 Is 23 '1 , ! ! I I rs 9 I ! .1 i SINGLE- FAMILYE) 14 aaT• 6 10, 22 SF-Z SF-6025 is 7W 9 21 24 bw MIN. LOT WIDTH: 41Y MIN. LOT WIDTH: 51Y is w C, MIN. LOT DEPTH: iw MIN. LOT DEPTH: 12(r0 LUi• 12 20 uj TOTALNUMBEROFLOTS: 588 TOTAL NUMBER OF LOTS: 551 PROPOSED f 23 20 LUANNAISD01i % FAMILYTRACTSCHOOLf•0 0 0 MULTII1: 13 I J 142? 19 -,is 21 BUILDINGINFORMATIONSITE12I :, L ............ L Lalm SLILDMI 3ST0t=wuw3 STORCIft — - — - — - — - — - k- — - — - — - — - — - — - — — - — - — - — - — STREET C -------------- 3 3 DA100413 411'; a 3 ILN Imm I OKUKLaCNACS3S$Tr00rr4WCA8=%*tL"*mT2 "TOW 12* an STOMS WLZS Is A a a STORILWw" NLMSDI"M VA004 it 33 W 4TOTAL #U600142 3 5 "'a a 9 10 1 Sam"-, Is 213 BUILDINGHEIGHT. 3 STORIES MAX. 15 BUILDING HEIGHT: 4Y MAX• 14 3 . ' r , I MULTIFAMILY UNITSGOD is 14 14TUO PARKING: 4 13 22 21 20 is ly REQUIRED. 1200 SPACES PROVIDED: 1220 SPACES (L 5 17 LEGEND Is --------- 18 STREET ---------- L- I rj) 920"m L"001wIr MASONRYNo (K 5TMASONRY - - ImWALL10 FFVA U. n 28 27 26 25 24 23 T22 1 I : I. I WALL - - TOPOGRAPW W w sr,------ LL 1 J a w 2o ,ig i aU, .......... 1- 11-11 -------- ..................... T ............... -------------- LOS - - ------- 7--N88'53*01'We51.70._- N89* 08'54'W 958.59 --------- B&Wqy FSAF50"MyWALLLL~ sopgman.- 5. WIMM, t F ao"= j aw J j- 7 DA— EXHIBIT 2PROJECT NO. MEG20002 OWNERS DEVELOPER PLANNER ENGINEER CONCEPT PLANFOR FILE PATH J:JOB% MEG20DOZENPZONINGACONCEPT PLANOAKWOOD VILLAGE KAYASA HOLDINGS LLC ANACAPRI DRAWNBYMRSAPARTMENTSINC84OVERLOOKPLEMSTING ?D4r L 'Aa ZONING 84OVERLOOKPLRYE, NY 10580-3345PELOTON CONTAN&M REVIEWED BY DAK MEGATEL HOMES RYE. NY 10580-33452701 CEDAR SPRINGS ROAD LAND SOLUTIONS ... IM DATENOVEMBER4,2020 NORTH JY & KC LLC KIM YOUNG TIM MUELLER SUITE 700 11000 FRISCOSTREETDATEREVISIONS2TOBAMHERSTAVE84OVERLOOKPLDALLAS, TX 75201 SUITE 400 V.. NOV 23, 2020 ADDRESSING 1STasK04P632NDSUBMITTALCOMMENTSDALLAS, TX75225-7901RYE, NY 10580-3345 FRISCO, TEXAS 75033 11Ytl4f.T.VA"AU8URM A'QW.:AR1% mom WMAVA46W. MRIUMTSSUMEY, A47M REPRESENTATIVE •CONTACT: CONTACT: ZACH !POUR PHONE: 469-213-1800 1WArM00CrrV0rAWA COLUMCOMMMAS NOV24, 2020 ADDRESSING 3RDSUBMITTALCOMMENTS GRAPHIC SCALE ZACH IPOUR CONTACTDAVID KALHOEFERLowmum A. "n PAC1411 2 up 6 IBY2.33MIS9 I I MATCH LINE PAGE 4 i \ MATCH LINEPAGE 4 z. .....: ..... K- ..4- I .............................................................••................................ i .......IMATCH ........ MATCHLINEPAGE3 )... LINE PAGE 3BLOCKQ24 LOT 3)) BLOCK LOT2Q2t 2D 3AC.' o ( PD t 16.C- 1) IT WALKING TRAIL5 AC. BUFFER ^ e'32w 3DB.BII. BLOCK Q21AAjtiar .,,. LOT 1 VICIIN ETMAP (PD C-c t9-5AC SITE INFORMATION s zONwc: Po -Mu a LAND USE: SINGLEFCONFIERUCIgI.FAMILY.d •" ..................... IOTARFA: 14,&BB,T51550. FT.1741.111 ACRES - 1 - _-•-------- -- ---- ---- - ---------- "-• .. _ ..NO7--EOSJ 4-- _-_ _ -_._ S' ------ --- EST 1 SINGLE- FAMILY iSFZ SFAO i- . ! _-...._..__._..-.._ 6 aw os. -'a Pi - zz I v i3 10 ` -.• --_- I Mw LOT wmTH ' MLOTWIOTM40 ' 1mMIK LOT OEFTH: m .. I cn i ' 2 1 iTz 2 ' ! I z F. 'o. - 11. I OTOEvrn: L i, I 4, 8 - B_ PL NUMBER OF LOTS: YB TOTAL NUMBER OF LOTS: .1 'J I i 3 I i m ip I; ; I I ] ! I ]`_.._.. MULTI - FAMILY TRACT ; 4 I ! M 4 B 14IsI ` BUILDING INFORMATION41 pt z ? 4 5 p T T e auewxp. + a u.tvx,wn .Lrv,.,v,x vamxnnvwn 3 T 18 T j eu,w,ee ee, un..cwwee waves,,, ae,v. euenux TOTAL # UNITS: 600e 40 `_ Goi 15 BULLDING HEIGHT: ]9TORIE9 MJJl. ' Q , ' , g ,. O iI -.18 19 14 13 } it BUKOING HOGHi: d9LM%. I 9 I - 10 I W MDLTFABBLTuxIrsmB , I o I i 1 1B to 'j I I 1B OiPARKING: ---,-Li 7 H K 1 • .m I IS eJ I I I I 14HOLCOMBE STRE h - - REDURE¢ 1xm PROYDED 122E sFACES j -% I ]_.. ___.. ._.._.. . •_i l - O :! rn Fes;._. _ _ __,_ ._ _._ _. E S_. T._ R.. E..E_.T LEGEND ._.T._ II«'i I V' '°. r1 I• _'-,. TI II I1z415,.; ad4, III / RII %, 0t .. z - 3 _ 13 4 1 -15 1° Vdas z 41II292wv° \ k 3 2 ^ a1•'ITD B -• toI ,-I ,2z9BB, , I IIIL _ i 8' WALKING TRAIL aiw u* i Iim i" . ,• tVr ? z ,t; - STREET L i m ...-.. uwcc'iv.+ e .. - - •'#hT" ,. .. .' I8 • I I1 1 v _ _ I eMASONRr tzo II \ T \ !mot' T z> 1 \ B \\ • ` •\ r 1 z ..^ - 4 J 21 1 BB 5 \ 1,1 ,• \ 8 2B \ \\ , A 19 \ ,\+ '.\ I p, . JJ4 \ \•, \ Ala t \. \ z \ i r_ NORTHFIELDvAi TO 3 ) \ \\ \ '0 29 \ t, zz O\. • '1 z4 ` 31 1 3 0 10 WALKING TRAIL zr \ mm za"•;i\ R`R\ \ m \. ° I :•- I'— 4 1 , .: t (TYPJ u \ •\ \ 1s yan \'t l Mte' \ 4 5' ' z X P\ m I _ GO CL IS 16 t, M 30 DA - EXHIBIT2MATCH LINE PAGE 3 ''\ •` Itti1\ ;d .E..\a \'•`\ ` . \.\ ..B • .MATCH LINE PAGE 3 c..... y • MATCH LINE PAGE 226 MATCH LINE PAGE2 PROJEOTNO. MEG2OD02 OWNERS « DEVELOPER PLANNER/ENGINEER CONCEPT PLAN FOR FILE PATH JJOBI MEG20002\ENTZONINGICONCEPT PLAN l ,1, OAKWOOD VILLAGE KAYABA HOLDINGS LLC N.Y MISS V APARTMENf91NC 84OVERLOCKPL ICAP54 OVERLOOK PL RYE, NY 1058W345 MEGATEL HOMES h! IPELOTON _ REVIEWED BY DAK RYE. NY 1o580.t]45..'..'«....`...'"".4.......mw.^t."c...w....... `"...".,'.""....'.'.. 2701 CEDAR SPRINGS ROAD BO4 UTIOMS _""'"'"""'•'^`•^•'°"«....«..........•.« GATE NOVEMBER 4, 2020 NORTH II ILANBJVdKCLLCNIMYOUNGdTIMMUELLER6URET00t1000FRISCOBTREET _ ,-;,'dJvEn w_2"a^.M: DATE REVISIONS 210BAMHERSTAVE 84 OVERLOOK PL WLLAB. TK"EOiSU-A00 ' ' '•`-' -' `•^ NOV 23, 2020 AODRESSINGIST-NDSUBMITTALCOMMENIS wa m DAL -AS, TX 75225-7901 RYE, NY 10580. 5 FRISCO, TFW+S MOSS NOV 24, 202D ADDRESSING 3R0 SUBMRTAL COMMENTS GMPHIC SCALE RFs ACT. CONTACT: ZACH/POUR PHONE: A69-2 I"a Oxa»a:4c CONTACT: DAVID KALHOEFER MATCH LINEPAGE 6' 1 MATCH LINE PAGE 5 MATCHMATCHLINEPAGE4 LINEPAGE 4 q. VICINITYMAP -- SITE INFORMATION ........ ZONING: P"U Co mcm LGTMNF SINGLE-FAMILY SF-Z SF-60 r- MN. LOT wII- IOT WIDTH: - 1 - Mu4.LoroEPTn.1. NIKLOT— TDTALNUMBFR OF Lots:T.—UN-1LOTS: 651 MULTI -FAMILYTRACT BUILDINGINFORMATION uan TOTAL # UNITS: 60D B—G—K: 3 STORIES 1— au—Nm M' 4— BLOCK Q2LOC MU—A—U— P. LOT 3 > PARKING: CPD21 A- 1 3 PROVIDED: 1. VA — LEGEND j------- 4 BLOCK Q2jZINNE'.7 LOT 2 PDp CA2Z)I t16. 5 SCREENWALL 25'BUILDING r SETBACK MATCH LINE PAGE 81 WALKINGTRAIL ........... MATCH LINEPAGE 4 DA EXHIBIT2MATCH LINE(Typ.) MATCH LIWil;Z7 PROIECTNI, FILE PATH J:J— ME—ZEN—ONI—CONCEPT PLAN DRAWN BY MRB REVIEWED BY DAK DATE NOVEMBER 4. M20 NORTH CAKYYoODVILLAGOWNERSKAYASAHOLDINGSUC APARTMENTS INC 84 DYER OK PL 84 OVERLOOK PL RYE NY 10-15 RYE, NY 1058(IU5 DEVELOPER NNEGATEL HOMES ICEDAR SPRINGS ROAD PLANNER IENGINEER PELOTON IF CONCEPT PLAN FOR LCAPRI 46DATEomms JY&KCU-C KIM YOUNG A TIM MUELLER 2708ANIHERSTAVE IM DVERUDOK PL uITE7wDALLAS, TX 7112111 II R IS C 0 STREET SU— NN DDRESSIN 1ST &NDSUBM"ALCOMM TK .2217.01 RYE, NY lf)5 5 FMSCO T 75033NOV24 END A..R..I..lK.SUBMITTALCDMMENITII E CONTACT. ZACH [POUR PHONE:.—i.. CONTACT: 6AVIDKALHOEFER STREET _12 r .. .... . A3LINEPAGE5 TREET Hl- ------------ ------------ 34 ...... 3 MATCH LINEPAGE 6 MATCH LINE PAGE 5 STREET Pl ------------------- 4' STREETN2--, 770 j! 3] 12 m STREETJ2----`L T. 2 1 4 a 4 STREETS l11611 14 19 1x .4 LU 13 0 STREET M2 --------- 13 z W! 1' t4 LU w m 4 14 U T WT 10'TREE TREETC1 T TPRESERVATION21 EASEMENT 11 1.: 1 14 13 V li" 4 W WALKING TRAIL ------ 1 3 15TREETP2 1 ---- - - - - - - - - - - 4 lo I EXISTING ------ 0 24 23 2 11 1fi t514 TREES 1 - 13 ------------ -- STRE U I ------------ — ----- 14 MULTI -FAMILYTRACT 3 El24 V. BUILDINGINFORMATION LU wF. 9 W I TOTAL# UNITS: 600 4 GKG- 3--, u— — 41— STREET14 ------ -- i7 ------- STREETEl --------------------------- A I 14 PARKING: RED IRED —SPACES R1VICINrrLMAP LEGEND 15 iL S" 13 SITEINFORMATION r 7 ZONING P—u D WE: SINGUEFAMILY.mULTH'AM --- MD ------ 1'. 11 COMMERCIAL TRAIL n iD'WALKINGTRAIL 21 : , Typ,) 2o p AICLDTAREA: 14,658.Ml SQ.FT-1. 1—CRES I wFu) EXISTINGrs L-----STREET 23 SINGLE -FAMILY L ------ Z3 SF-Z SF-61) ...... NW.N8a-2—-636' UOT.— Mw. LOTDOV TO— UM-0—: —.8-F-1 2 MATCH LINEPAGE 5i i4- DAI MATCH LINEPAGE 5EXHIBIT2Z'" MATCHLINEPAGE4MATCHLINEPAGEPROJECT NO. MEG20002 FILE PATH J-1 MEG2DD6ZENWO.INKACO.CEPT PLAIN DRAWN SY — REVIEWED BYDAK DAM NOVEMBER4,2D20 DATE REVISIONS DDRESSIN— S-2NDSUBMITTA V241il022glA !-COMMENTS V ADDRESSING 3RD SUBMITTAL COMMENTS NORTH OWNERS OAKWOODVILLAGE KAYASA HOLDINGSLLCAPARTMENTSINC 840VE LOOK FL 84 OVERLOCK PILRYE, NY 1058 30 RYE, NY 105-345 N& KCLLC KIM YOUNG & TIM MUELLER zm BAMHERSTAVE 84 OVERLOOK PL RYE* NY 101 41 DEVELOPER MEGATEL HOMES 27DI CEDAR SPRINGSROAD SUITE 70D DALLAE, 1 CONTACT. H ]POUR PLANNER/ ENGINEER 1, PELOTON J1IWORRISCO— EST R, CO. TEXAS T-3 C. PHON :-1—DO NTACT: DAVID KAI-HOEFER CONCEPT PLANFOR iF SINGLE-FAMILY LEGEND SF- vir 9—" -.-- 1. .. T ------ TZ. NO — MULTI -FAMILYTRACT 0— 4L—Q-- 2, BUILDINGINFORMATION SITEINFORMATION LYI-.L Y.& CoM C T- 10W.11 3.. , 1 . 1.111 ACgFS TOTAL # UNITS: B00 PARKING: R-RED: 1. .-C. 1- FUTURE MANTUA ROAD NRY S88-41-E --—LSM. 1-41-E 401.13 B' WALKING TRAIL 1 4 12 13 14 1-1EXISTING I TREES - 11 ...... ...... 141 STREETA2 -------------------------------- 10' TREE PRESERVATION: EASEMENT7171 14 STREETJ1- T.... ...... TREET Jl ---------- -------- j F, -- ----- UU LU I Exis-nN( REES72122J! 19 I 11413 EASEMENT'; i• I - 4c 7 - STREET JI1 2 -------------------------- 6 7 10 ,4 l 2 a aI. 1e 1614 J 1, 9 14 1 1 11 14 j STREETD2--- 10' WALKING 1 10 IS 14 NUKING TYP.) 1 2 S 14 STREET ILI— 17 1 14 i 12 MMASTREET12 -------- - --- TCLINEfAGE6 ... 7- DA -EXHIBIT T PROJECTNO. MEG0002 OWNERS DEVELOPER FILE PATH J,JOffi MEGMWZEN ONINGjCONCEPT PLAN OAIDYOODVIU.AGE KAYASA HOLDINGS LLCDRAWN BY MRS APARTMENTS INCM OVE LOOK PL U OVERLOOK PL RYE. NY 1051ID-33,15 MEOKTEL HOMES REVIMEDBYOAKpRYE. NY 10580.13452MI CEDAR SP INGS ROAD DAM NOVEMBER 4, n2O NORTH N& KCLLC KIM YOUNG & TIM MUELLER SUITE 700 DATE REVISIONS 27USAMMERST-E 84 OVERLOOK PL O—S. U 75201NOV 23, 20D ADDRESSING 1ST2NDSUSMrTTALC MME DALLASr T 75n5-7001RYE, NY 1058MUS SUBMITTAL RVIIIEN CONTACT. ZACH [POUR NOV 24, 2020 ADDRESSING 3RD LCOMME COMMENTS ..P.—A. - C, 1-1 T 27 ---- — -- ll' I'7WALKING TRAILFFL, . 4 1. IS IS I I— q - - I -- — — ------------------- w 10' TREE PRESERVATI012 2 34 Px u 14 2 13 3 127 TREET N7 ------------------ 2, T --- T" IT, m L '2 0 1 Iv IT— 7 STREETI Cl 2 mil i 43 MATCH LINE PAGE 6MATCH LINEPAGE 5 PLANNER IENGINEER CONCEPT PLAN FOR LNACL Rliili PELOTON IACOSEETNB SUITE40o FRISCOTEXAS 75033 PH DNE:41- 13-ISDO CONTACT: DAVID KALHOEFER EXHIBITPA-4 DevelopmentAgreement DEVELOPMENT AGREEMENT ThisDevelopmentAgreement (this "Agreement") isenteredeffectiveasofDecember, 81 2020 ("EffectiveDate") betweenandamongtheCityofAnna, Texas, a Texashome -rule municipality ("City") andYoungKim & TimMueller, ("PropertyOwners") asfollows: RECITALS WHEREAS, thePropertyOwnersarethesoleownerof84.00acresofrealpropertydescribed inExhibit1anddepictedon Exhibit2, (the "Property"); and, WHEREAS, thePropertyispresentlyundercontract (the "Contract") tobesoldbytheProperty OwnerandpurchasedbyMegatelHomes ("Developer"). WHEREAS, PropertyOwnershave, attherequestofDeveloper, appliedtorezonetheProperty toallowforPlannedDevelopment -Multi -Use whichwillincludethefollowingzoningdistricts withmodifieddevelopmentstandards; C-1 RestrictedCommercial (C-1), SF-60 Single -Family ResidenceDistrict (SF-60) and, SF-Z Single -FamilyResidenceDistrict - Zerolotlinehomes SF-Z); and, WHEREAS, theCity's Planning & ZoningCommissionand CityCouncilhavegiventhe requisitenoticesbypublicationandotherwiseandhavescheduledpublichearingswithrespect totherezoningofthePropertyasrequiredbylaw; and, WHEREAS, inthecaseofthePropertybeingrezoned, theCityandPropertyOwnerdesireto enterintoadevelopmentagreementtoestablishdevelopmentanddesignregulationstoensure thatfuturedevelopmentisappropriatefortheareaandfitsinwellwithadjacentproperties; and, WHEREAS, itistheParties' mutualintentthatthisagreementshallgovernonlythesubject matterspecificallysetforthhereinand shallsupersedeprovisionsofAnna CityCode of Ordinancesand otherregulationsand adoptedpoliciesof theCity (collectively, "City Regulations") onlytotheextentthatanysuchCityRegulationsdirectlyconflictwiththeterms ofthisdevelopmentagreement; and, NOW, THEREFORE, inconsiderationoftheaboverecitalsand themutualconsiderationas reflectedinthecovenants, dutiesandobligationscontainedherein, thesufficiencyofwhichis herebyacknowledged, thePartiesheretoagreeasfollows, effectiveasoftheEffectiveDate: SECTION1. RECITALSINCORPORATED. The recitalssetforthaboveareincorporatedhereinas ifsetforthinfulltofurtherdescribethe Parties' intentunderthisdevelopmentagreementandsaidrecitalsconstituterepresentationsby PropertyOwners, Developer, andtheCity. SECTION2. DEVELOPMENT STANDARDS / BUILDINGMATERIALS. Withrespecttoallstructures/developmentwithinthePD-MU ZoningDistrict, PropertyOwner agreestocomplyortocausethebuilderstocomplyand anyothersuccessorsorassignsto complywithallCityRegulationsand withthemasonrymaterialrequirementsandallother requirementsoftheAnna CityCode ofOrdinances, Article9.04 ZoningOrdinance, Section 9.04.034 SupplementaryDistrictRegulations, Subsection (e) ArchitecturalDesignStandards andwiththefollowingstandards (intheeventofanyconflict, thefollowinglistedstandardsshall govern). NonresidentialBuildings A. Atleast80% oftheexteriorwalls (excludingdoors, doorframes, windows, andwindow frames) shalluse onlystone, brick, and/orsplitfaceconcretemasonryunitsinthe constructionoftheexteriorfacadethatarevisibletothepublic. B. Otherfinishesand materialsmay be usedat thesolediscretionoftheCityCouncilif adoptedas partofthesiteplanapprovalandifpermittedbybuildingandfirecodes. C. Atleast60% ofexteriorfagadesnotvisibletothepublic (excludingdoors, doorframes, windows, andwindowframes) arerequiredtobe brickorrockveneer. D. A maximumof10% ofanyexposedexteriorwallmay consistofElFS E. Wherethefunctionofan individualbusiness, ortherecognizedidentityofabranddictates a specificstyle, image, orbuildingmaterialassociatedwiththatcompany, themasonry provisionmay be modified; however, thedevelopmentshallmaintainharmonyinterms ofoverallprojectdesignandappearance, andsuchdesignshallbe subjecttoapproval bytheCityCouncilafterrecommendationfromthePlanning & ZoningCommission. Multiple -FamilyResidenceBuildings A. Allmulti -familybuildingsandstructuresshallhaveatleastsixtypercent (60%), forthe firstthreestoriesofthetotalexteriorwallsabovegradelevel, excludingdoorsand windows, andrecessedbalconyareas (shouldbeallowedasplanebreak), constructed ofmasonry (brick/rockveneer) materialswithno morethanfortypercent (40%) consistingofcementitioussiding (Hardieproducts) orstuccomaterials. B. A maximumof10% ofanyexposedexteriorwallmay consistofElFS C. Roofingmaterialsforbuildingsand structuresmustbe architecturalroofshingles, said shinglesshallbe accompaniedwitha minimum25-yearwarranty. Underno circumstanceshallthree -tabshinglesbeusedas roofingmaterial. Single -FamilyResidenceBuildings (SF-60 andSIF A. Exceptasnotedbelow, theexteriorwalls (excludingwindowsanddoors) on thefirst -floor frontelevationofany structureshallbe 90 percentmasonryand 80 percenton the second -floorfrontelevation. Thetotalcumulativesurfaceareaoftheremainingexterior walls (excludingwindowsanddoors) shallbe 80% masonry. B. A maximumof10% ofanyexposedexteriorwallmayconsistofEIFS. C. SecondfloorDutchgableroofelementsarenotrequiredtobe masonryifsetbackatleast 3 feetfromthefirst -floorfrontelevationverticalplane. D. The masonrystandardsthatapplytothefrontelevationofastructureasdescribedin subsection (A) aboveshallalsoapplytoanyexteriorwallson a structurethatare: (i) adjacenttoand facea publicstreetorright-of-way; or (ii) visiblefromand located immediatelyadjacenttoa publicpark, reservedopenspaceorneighborhoodcommon area, oran undevelopedfloodhazardordrainageareathatisalsoadjacenttoa public street. E. Roofingmaterialsofa structuremay onlyconsistofarchitecturalasphaltshingles includinglaminateddimensionalshingles), clayand concretetile, metalshingles, mineral -surfacedrowroofing, slateandslate -typeshingles, woodshingles, woodshakes oran equivalentorbetterproductas comparedwithsaidmaterials. Shouldarchitectural shinglesbeusedas roofingmaterial, saidshinglesshallbe accompaniedwitha minimum 25-yearwarranty. Underno circumstanceshallthree -tabshinglesbeusedas roofing material. F. Allgaragesmustalsoincorporatewood clad (orequivalent) garagedoorsorwood compositedoorsandcontainatleasttwoofthefollowingenhancements: i. Two singlegaragedoors (inlieuofdoubledoors); ii. Decorativewindows; iii. Decorativehardware; iv. Garagedoorrecessedaminimumof12 inchesfromthegarageface; V. Caststonesurround. vi. Eight -foottallgaragedoors. G. Alldoorson thefontfacadeofa residenceshallbe constructedofwood, iron, glass, and/orarchitecturalfiberglass. SECTION3. NOTICES. Anyandallnoticesrequiredtobegivenbyeitherofthepartiesheretomustbe inwritingand willbe deemeddelivereduponpersonalservice, ifhand -delivered, orwhen mailedinthe UnitedStatesmail, certified, returnreceiptrequested, addressedasfollows: To City: CityManager CityofAnna 111 NorthPowellParkway PO Box776 Anna, Texas75409 To PropertyOwner(s): YoungKim &TimMueller 84 OverlookPlace Rye, NY 10580 SECTION4. MODIFICATIONSOR TERMINATION. ThisAgreementmay onlybe modifiedand/orterminatedasfollows: (a) by mutualwritten agreementofPropertyOwnerand City; and/or (b) unilaterallybyCityupondefaultofthe PropertyOwner. NotwithstandingtheforegoingoranyotherprovisionofthisAgreement, this Agreementshallterminateand be nullandvoidiftheCitydoesnotapprovetherezoningof thePropertytobe zonedas PlannedDevelopment -Multi -Use whichincludesthefollowing zoningdistrictwithmodifieddevelopmentstandards; RestrictedCommercial (C-1), Single FamilyResidence-60 (SF-60), andSingle -FamilyResidence -Zerolotlinehomes (SF-Z), as setforthinSection9.04 oftheAnna CityCode ofOrdinances, ("ZoningOrdinance"). The partiesacknowledgeandagreethattherezoningofthePropertyisa legislativeactandthat thisAgreementdoesnotbindtheCityCounciltoapproveany proposedrezoningofthe Property. SECTION5. CLOSING. TheContractprovidesthattheclosingandfundingofthesaleofthePropertyshalloccuronJuly 1, 2021, unlessotherwiseamended by the partiesto the Contract (the "Closing"). Notwithstandinganythingtothecontraryherein, uponClosingandfundingofthesaleofthe Property, DeveloperoritssuccessorsorassignsshallfullyassumeallofPropertyOwner's rights andobligationsunderthisAgreementandYoungKim & TimMueller, itssuccessorsandassigns, shallbe fullyandcompletelyreleasedfromthisAgreementforallpurposes, withoutthenecessity ofadditionalnoticefromoractionbyanyParty. NothinginthisSection5shallservetorelease any subsequentownersofthePropertyfromtheterms, conditions, and obligationsinthis Agreement. IfClosingdoesnotoccurandtheContractisterminated, theCityagreestoreasonablycooperate withPropertyOwnertomodifythetermsandconditionsofthisAgreementtoaccommodateany subsequentpurchaser(s) and/oralternativeuse(s) oftheProperty. SECTION6. DEFAULT. IfPropertyOwner, itsheirs, successorsorassignsorsubsequentownersoftheProperty, failto fullycomplywithallthetermsand conditionsincludedinthisAgreement (the "Defaulting Owner"), Citywillhavethefollowingnon-exclusiveandcumulativeremedies. A. Withholdingofutilitiesorwithholdingorrevocationofpermitsand otherapprovals requiredfordevelopmentand useoftheportionofthePropertythatisthesubjectof thedefault (butno otherportionsoftheProperty) includingwithoutlimitationbuilding permitsandcertificatesofoccupancy. B. TheDefaultingOwner, oritsheirs, successorsorassigns, orsubsequentownersof theProperty (collectively, the "DefaultingDeveloperParties") shallbe liabletopayto theCitythesum of $2,000 foreachfailuretofullycomplywiththedevelopment standardssetforthinSection3ofthisAgreement. TheDefaultingDeveloperParties shallbe liabletopaytheCitysaid $2,000sum perdayforeachdaythatsuchfailure tocomplyoccurs. The sumsofmoney to be paidforsuchfailure(s) isnotto be consideredas a penalty, butshallbe deemed, takenand treatedas reasonable liquidateddamagesthataccrueperdaythatsucha failureshallexistoroccur. The saidamountsarefixedandagreeduponbythepartiesbecauseoftheimpracticability andextremedifficultyoffixingand ascertainingtheactualdamagestheCityinsuch eventwouldsustain; andsaidamountsareagreedtobe theamountsofdamages whichtheCitywouldsustain. Notwithstandingtheforegoing, noneoftheDefaulting DeveloperPartiesshallbeliabletopaytheliquidateddamagesthataccrueunderthis paragraphunlessthereisa breachofanymaterialtermorconditionofthisAgreement andsuchbreachremainsuncuredafterforty-five (45) calendardaysfollowingreceipt ofwrittennoticefromtheCityprovidedinaccordancewiththisAgreementdescribing saidbreachinreasonabledetail (or, ifthecureofthebreachhas diligentlyand continuouslybeen undertakenbutreasonablyrequiresmorethanforty-five (45) calendardaystocure, thensuchadditionalamountoftimeasisreasonablynecessary toeffectthecure, asdeterminedbybothPartiesmutuallyandingoodfaithbutinno eventshallsuchadditionalperiodexceed120daysunlessagreedtoinwritingbythe partiestothisAgreement). In theeventofa breachthatisnottimelycuredin accordancewiththisparagraph, thesum ofliquidateddamagesshallbe calculatedto includeeachandeverydayoftheoccurrenceofthebreachbeginningonthedatethat theCityfirstprovidedwrittennoticeofsuchbreachunderthisparagraphandtheCity shallnotbe requiredtoprovideasubsequentwrittennoticesastosubsequentdates ortimesduringwhichsuchbreachisrepeatedorcontinuestooccur. C. Intheeventofa default, thenon -defaultingpartywilladditionallyhaveanyand all remediesavailabletoitatequityorinlaw. SECTION7. BINDINGON SUCCESSORS, AGREEMENT RUNS WITHTHE LAND. Exceptasotherwiseprovidedforherein, thisAgreementwillbebindinguponandinuretothe benefitoftheparties' respectivesuccessors, assignsand personalrepresentatives. This AgreementwillrunwiththelandandbebindingonallsubsequentPropertyOwners. SECTION8. INDEMNIFICATIONAND HOLD HARMLESS. THE DEVELOPER, INCLUDINGITSSUCCESSORS AND ASSIGNS (THE "INDEMNIFYING PARTY], HEREBY COVENANTS„ AND AGREES TO RELEASE, DEFEND HOLD HARMLESS, AND INDEMNIFYTHE PROPERTYOWNERS AND CITYAND ITSOFFICERS, AGENTS, SERVANTS AND EMPLOYEES, FROM AND AGAINST ALL THIRD -PARTY CLAIMS, SUITS, JUDGMENTS, DAMAGES, AND DEMANDS (TOGETHER, "CLAIMS") AGAINST THE CITY, WHETHER REAL OR ASSERTED INCLUDING WITHOUT LIMITATIONREASONABLE ATTORNEY'S FEES, RELATED EXPENSES, EXPERT WITNESS FEES, CONSULTANT FEES, AND OTHER COSTS, ARISINGOUT OF THE NEGLIGENCE OR OTHER WRONGFUL CONDUCT OF THE INDEMNIFYINGPARTY, INCLUDINGTHE NEGLIGENCE OR OTHER WRONGFUL CONDUCT OF ANY OF ITS EMPLOYEES CONTRACTORS SUBCONTRACTORS MATERIALMEN AND AGENTS IN CONNECTION WITH THE DESIGN OR CONSTRUCTION OF ANY PUBLIC INFRASTRUCTURE, STRUCTURES, OR OTHER FACILITIESOR IMPROVEMENTS THAT ARE REQUIRED OR PERMITTED UNDER THIS AGREEMENT AND/OR CITY REGULATIONSAND/OR ANY APPLICABLEDEVELOPMENTSTANDARDSAND/OR ANY OTHER GOVERNING REGULATIONS; AND IT IS EXPRESSLY UNDERSTOOD THAT SUCH CLAIMS SHALL, EXCEPT AS MODIFIEDBELOW, INCLUDE CLAIMS EVEN IF CAUSED BY THE CITY'S OWN CONCURRENT NEGLIGENCESUBJECTTO THE TERMS OF THISSECTION. THE INDEMNIFYINGPARTY SHALLNOT, HOWEVER, BE REQUIRED TO INDEMNIFY THE CITY AGAINST CLAIMS CAUSED BY THE CITY'S SOLE NEGLIGENCE. IF THE CITY INCURS CLAIMS THAT ARE CAUSED BY THE CONCURRENT NEGLIGENCE OF THE INDEMNIFYINGPARTY AND THE CITY, THE INDEMNIFYINGPARTY'S INDEMNITYOBLIGATIONWILL BE LIMITEDTO A FRACTION OF THE TOTAL CLAIMS EQUIVALENT TO THE INDEMNIFYINGPARTY'S OWN PERCENTAGE OF RESPONSIBILITY. THE INDEMNIFYING PARTY FURTHER COVENANTS AND AGREES TO RELEASE, DEFEND, HOLD HARMLESS, AND INDEMNIFY, THE CITYAGAINSTANY AND ALLCLAIMSBY ANY PERSON CLAIMINGAN OWNERSHIPINTERESTINTHE PROPERTYAS OF THE DATE HEREOF WHO HAS NOT SIGNED THISAGREEMENT IFSUCH CLAIMSRELATEINANY MANNER OR ARISEIN CONNECTION WITH: 1 THE CITY'S RELIANCEUPON ANY OF THE INDEMNIFYING PARTIES' REPRESENTATIONS IN THIS AGREEMENT; (2) THIS AGREEMENT OR OWNERSHIP OF THE PROPERTY; OR (3) THE CITY'S APPROVAL OF ANY TYPE OF DEVELOPMENTAPPLICATIONOR SUBMISSIONWITHRESPECTTO THE PROPERTY. At no timeshalltheCityhaveany controloverorchargeofthedesign, constructionor installationofanyoftheimprovementstothePropertyorrelatedworkorundertakings, nor the means, methods, techniques, sequencesor proceduresutilizedforthe design, constructionorinstallationrelatedtosame. ThisAgreementdoesnotcreateajointenterprise orventurebetweentheCityandanyoftheIndemnifiedParties. ThisSection8willsurvivethe terminationofthisAgreement. SECTION 9. RECORDATION. Thepartiesmay recordthisdocumentinthepropertyrecordsofCollinCountyon orafter one (1) businessdayafterClosingandfundingoftheContract. SECTION9. ENTIREAGREEMENT. ThisAgreementistheentireagreementofthepartiesregardingthesubjectmatter hereto. SECTION 10. RECITALSAND EXHIBITS. Therecitalshereinandexhibitsattachedheretoareherebyincorporatedbyreference. SECTION11, AUTHORITY, ProperlyOwnerrepresentsandwarrantstotheCitythatthePropertyOwnerownstheProperty thatthisAgreementisbindingandenforceableontheProperty. SECTION12, INVALIDPROVISIONS. IfanyprovisionofthisAgreementisheldnotvalid, suchprovisionwillbedeemedtobeexcised therefromandtheinvaliditythereofwillnotaffectanyoftheotherprovisionscontainedherein. SECTION13. EFFECTIVEDATE. ThisAgreementwillbe effectiveupontheEffectiveDatefirststatedherein. CITYOF ANNA M JimProce, CityManager INWITNESSWHEREOF: STATEOF TEXAS COUNTY OF COLLIN Beforeme, theundersignednotarypublic, on the day of , 20201 appearedJimProce, knowntome (orprovedtome) tobe thepersonwhosename issubscribed totheforegoinginstrument, andacknowledgedtome thatheexecutedthesameinhiscapacity as CityManageroftheCityofAnna, Texas. NotaryPublic, StateofTexas YoungKim, By: YoungKim By: Name, title INWITNESSWHEREOF: STATE OF COUNTY OF Beforeme, theundersignednotarypublic, onthe dayof , 2020, appeared knowntome (orprovedtome) tobe thepersonwhosename is subscribedtotheforegoinginstrument, andacknowledgedtome thathe/sheexecutedthesame inhis/hercapacityasowner. NotaryPublic, Stateof TimMueller, By: TimMueller By: Name, title INWITNESSWHEREOF: STATEOF TEXAS COUNTY OF COLLIN Beforeme, theundersignednotarypublic, onthe dayof , 2020, appeared knowntome (orprovedtome) tobe thepersonwhosename is subscribedtotheforegoinginstrument, andacknowledgedtome thathe/sheexecutedthesame inhis/hercapacityasowner. NotaryPublic, Stateof EXHIBIT PROPERTY :DESCRIPTION. DA - Exhibit1 BEINGA TRACT OF LAND SITUATEDINTHE S.E. ROBERTSSURVEY, ABSTRACTNUMBER 786, AND THE E.W. WITTSURVEY, ABSTRACTNUMBER 997, COLLIN COUNTY, TEXAS, AND BEING ALL THOSE TRACTS OF LAND TO JY & KC LLC, (A LIMITEDLIABILITYCOMPANY) RECORDED ININSTRUMENTNUMBER 20170608000746940ANDYOUNG KIMAND TIMMUELLERRECORDED IN INSTRUMENTNUMBER 20170608000747130OFTHE PUBLICRECORDS, OF COLLINCOUNTY, TEXASBEINGMORE PARTICULARLY DESCRIBEDBY METES AND BOUNDS AS FOLLOWS: BEGINNINGAT THE NORTHEAST CORNER OF SAIDTRACT OF LAND TO YOUNG KIM AND TIM MUELLER AND THE INTERSECTIONOF COUNTY ROAD 371(A PAVED TRAVELEDRIGHT-OF-WAY NO RECORD FOUND) AND COUNTY ROAD 369 (A DIRT ROAD NO RECORD FOUND); THENCE S 01029' 28" W, 3,020.79FEET; THENCE N 88029' 00" W, 1,211.97 FEET; THENCE N 88024' 04" W, 595.03 FEET; THENCE N 00022' 19" W, 762.13 FEET; THENCE S 88020' 59" W, 967.26 FEET; THENCE N 00° 46' 25" W, 1,103.04 FEET; THENCE N 01017'03" W, 1,185.56 FEET; THENCE S 89017' 12" E, 1,496.78 FEET; THENCE S 88041' 41" E, 591.09 FEET; THENCES 88° 38' 16" E, 810.84FEETTOTHE POINTOF BEGINNINGAND CONTAINING7,817,617 SQUARE FEETOR 179.468ACRES MORE OR LESS. Thisdocumentwaspreparedunder22TAC 663.21, doesnotreflecttheresultsofanonthegroundsurvey, andisnottobe usedtoconveyorestablishinterestsinrealpropertyexceptthoserightsand interestsimpliedorestablishedbythecreationor reconfigurationoftheboundaryofthepoliticalsubdivisionforwhichitwas prepared." Page1 of3 DA - Exhibit1 BEINGA TRACTOF LAND SITUATEDINTHE MARTINMOORE SURVEY, ABSTRACTNUMBER 649, COLLIN COUNTY, BEINGALLOF THATTRACT OF LAND TO KAYASA HOLDINGS, LLC, RECORDED IN INSTRUMENT NUMBER 20190807000946750OFTHE PUBLICRECORDS, OF COLLINCOUNTY, TEXAS BEINGMORE PARTICULARLYDESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNINGAT THE SOUTHEAST CORNER OF SAIDTRACTTO KAYASA HOLDINGS, LLC, AND THE SOUTHWEST CORNER OF A TRACT OF LAND TO ANNA HIGH SCHOOL ADDITIONVOLUME 2011, PAGE 176OF THE PUBLICRECORDS, OF COLLINCOUNTY, TEXAS; THENCE S 87037' 19" W, 305.11 FEET; THENCE N 00042' 02" E, 349.90FEET; THENCE N 89016' 32" W, 299.87 FEET; THENCE S 00043' 07" W, 365.55 FEET; THENCE S 87053' 01" W, 680.29 FEET; THENCE N 01016'12" E, 1,825.73 FEET; THENCE S 89011' 16" E, 1,266.20FEET; THENCE S 00042' 28" W A DISTANCEOF 1757.83 FEETTO THE POINTOF BEGINNINGAND CONTAINING 2,177,993 SQUARE FEET OR 50.000 ACRES MORE OR LESS. Thisdocumentwas preparedunder22 TAC 663.21, doesnotreflecttheresultsofan on thegroundsurvey, andisnottobe usedtoconveyorestablishinterestsinrealpropertyexceptthoserightsandinterestsimpliedorestablishedbythecreationor reconfigurationoftheboundaryofthepoliticalsubdivisionforwhichitwas prepared." Page2 of3 DA - Exhibit1 BEINGA TRACT OF LAND SITUATEDINTHE F.T. DUFFAU SURVEY, ABSTRACTNUMBER 288, COLLIN COUNTY, BEING ALL OF THAT TRACT OF LAND TO OAKWOOD VILLAGEAPARTMENTS, INC., RECORDED IN INSTRUMENTNUMBER 20171201001594200OFTHE PUBLICRECORDS, OF COLLINCOUNTY, TEXAS BEING MORE PARTICULARLYDESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNINGAT THE NORTHEAST CORNER OF SAIDTRACT TO OAKWOOD VILLAGEAPARTMENTS, INC., AND THE NORTHWEST CORNER OF A TRACT OF LAND TO JOSE FACUNDO & JOSEFINA0. FACUNDO VOLUME 4625, PAGE 759OF THE PUBLICRECORDS, OF COLLINCOUNTY, TEXAS; THENCE S 00031' 02" W, 245.38 FEET; THENCE S 00027' 51" E, 1,574.05FEET; THENCE S 00024' 40" W, 868.25 FEET; THENCE N 89008' 54" W, 988.59 FEET; THENCE N 88050' 11" W, 851.70FEET; THENCE N 00033' 18" E, 2,640.14 FEET; THENCE S 88027' 53" E, 34.21 FEET; THENCE S 01016'12" W, 36. 09FEET; THENCE N 87053' 00" E, 813.02FEET; THENCES 89° 28' 03" E, 336.61 FEET; THENCE N 87039' 22" E, 628.19 feettothePOINTOF BEGINNINGAND CONTAINING4,837,814SQUARE FEETOR 111.061ACRES MORE OR LESS. Thisdocumentwas preparedunder22 TAC 663.21, doesnotreflecttheresultsofan on thegroundsurvey, andisnottobe usedtoconveyorestablishinterestsinrealpropertyexceptthoserightsandinterestsimpliedorestablishedbythecreationor reconfigurationoftheboundaryofthepoliticalsubdivisionforwhichitwas prepared." Page3of3 EXHIBIT*2:3' FILE PATH-OBVAEO2000M—ONINO OWNERRI DEVEIAPER PLANNER I ENGINEER ANACAPRInDRAWNBVMRB RENEWED By D K HillPE LOTON ' OATS NOVEMBER 4. 2020 NORTH OATS REVISIONS woos, rx mmiasANHFasrnvENOVEatNItaL 9UrtEm V n.]Fm ' co0.rnc*.]w mwa mrnncr.on m iVlHaEfEa '`, 4•s ....uw.i cRMHIc6utE '14fs ^•^^ .... um '^" MATCH LINEPAGE 3 MATCH LINEPAGE 2 MATCH LINEPAGE 3 MATCH LINEPAGE 2 P 12 12 SHELDON VJC INIIrP SITE INFORMATION 2S B USE: SlIJG-E -I.LY MY,& DO ,MULTWAERGAL LDT 13 1 27 l S k 2 1 28 SINGLE-FAMILY SF-Z SF-60 1. MIRAOT- SlY MI .1-OT13- 1. I.A.T.- 2 J 4 2 DILOTS, - -TA.-SE-L.T.. .1 PROPOSED w i I LU IMMULTI -FAMILY TRACT ANNA ISO H I t101 'wSCHOOL BUILDINGINFORMATION 12SITE ...... ............ L TOTAL # UNITS: 600 MUM -EIGHT: STREETC -------------- littTj Hi 3 u I mu UNITSPARKING: REOUIR D. 12-ES PS- IM SWES 1. 1 1 ., ; , 14 4-' U1j14IOf . " 1 IT 12 LEGEND I i ----- ---- --- aMrj I - T - TmI'U. ILI 4 2S uMEU- Mp -m- j: mm" . .......... 7 ---- ------------------ DA - EXHIBIT2 t- PROJECTNO. MEMIXI2 FILE PATH J OffiMEG20DOZENTiZONI-CONCEPT PLAN D wN BY MRB T OWNERS OAKY/OOD VIUABE KAYA HOLDINGS ULC APARTM IN OVERLOOK PLRMOSK'NMWEPL RYE. W 1 8-5 DEVELOPER EGATEL HOMES PLANNER/ ENGINEER PELOTON CONCEPT PLAN FOR LNLCAPRI REAMED BY DAK DATE NOVEMSER4,2D20 R VISIDNS 2V 112 NOV U AID"1111I.T. 2ND SUSIARTAL -IAMENTS ADDRESSING 3RD SUBMITTAL COMMENTS NORTH US WE. NY IBSS S JY & KC U-C KIM YOUNG & TIM MUELLER 27BBAMHERSTAVE 84 OVERLOOK PL DALLAS, u 75 7wi -E, NY lm m 2701 CEDAR SPRINGS ROAD SUITE 70D S. TX 7B2.1 CO-. - IPOUR LA SUITE00 FRI CQ, TEXAS ?SD32I PHONE 469413 180D CONTACT: DAVID KALHOEFER W= V MATCH LINEPAGE 4 MATCH LINEPAGE 3 10'WALKING RAIL X. rriT LOT I VICINITYMAP (PD ZONING: PD-MU14SINGLEFAMILY -FAMILY. & Co LAND USE. ,MULTI ERCIAL f.) SINGLE-FAMILY 22 MIN. LOT WIDTH: 4W MIN. LOT WIDTH: 50, 2 MIN. LOT DEPTH: 1W 120' MIN. LOT DEPTH: TOTAL NUMBER OF LOTS: 588 TOTAL NUMBER OF LOTS: 551 MULTI -FAMILY TRACT 4 4 zz BUILDINGINFORMATION TOTAL 0 UNITS: 600 BUDD114G HEIGHT! 3 STORIES MAX. BUILDING HEIGHT. LU rn REQUIRED: 12DD SPACES 12 110UNDARY Popov FEW priopom 16 PAVELIEW ME- C-OWTRMW WALL 37 I WALL 21 34 22 33 23 25 26 10'WALKINGTRAIL 27 DA EXHIBIT2 MATCH LINEPAGE 3 31 25 KM a MATCH LINEPAGE 4 WALKINGTRAIL MATCH LINE PAGE 3 BLOCK Q2 LIMO IETBACK 513.02 le 42 40 14 U me N is Is H_+-- Z12 '37 12 Is 36 33 32 34, is STREETL 23 28 27 26 24 10 10 ATCH LINEPAGE 3 PROJECT NO. MEG20002 OWNERS DEVELOPER PLANNER / ENGINEER CONCEPT PLAN FOR FILE PATH J:JOB\ ME020002%ENMONING%CONCEPT PLAN OAKWOOD VILLAGE KAYASAHOLDINGSLLC APARTMENTS INC ANACAPRI MEGATEL HOMESREVIEWEDBYDAKRYE. NY 10580-3345 2701 CEDAR SPRINGS ROAD LAND SOLUTIONSNORTH1111 DATE REVISIONS 2T08 AMHERST AVE 84 OVERLOOK PL DALLAS. TX 75201 SUITE 400 NOV 23. 2020 ADDRESSING 1 ST & 2ND SUBMITTAL COMMENTS CO. TEXAS 7SD33 l4TKF.T.WlAU Er A-42W. WARM L00ftM~ NOV 24. 2020 ADDRESSING 3RD SUBMITTAL COMMENTS GRAPHIC SCALE ZokCH [POUR CONTACTt DAVID KALHOEFER PAQF IOP 4 MATCH LINE PAGE 5 MATCH LINE PAGE 6 MATCH LINEPAGE MATCH LINEPAGE 4 NZ Li 7 VICLNI YAP -------- - 77- --- ------------------- ------ ------ ----- ------ SITEINFORMATION .. ............ I ...... P—U SINGUEFAMLAN-15: Colk4MLITHALY.& LOTA,,,A: SINGLE-FAMILY b SF-Z SF-60 MIN.ICT— T.— MINAOTD— T—UMSE11LOTS SM 1—M-1— MULTI-FAMILYTRACT J-LLLY4BUILDINGINFORMATION e>, TOTAL#UNITS-600 STOKEK BL6uQQ2 LOT3 > PARKING: (PD C-1 —K 21. 3A PROM: 1— LEGEND Off z --------------------% BLOCK Q2 z LOT2 0 (PDIn 2 6' yMASONTSCREENWALLL25'BUILDINGSETBACK MATCH LINEPAGE 4 MATCH LINE B'WALKINGTRMAIL ...... ........ . . ........................ ......... : . ................................................... AGE4 DA EXHIBIT2 XG71N"E—P'A—G—E'3 N-TYP.) MATCH LINE PRDJECTNO. MEGMM2 FILE PATH =Hk MEG2(IDDZ—GNlNG%CONCEPT PLAN DRAWN BY MR. REVIMED BY DAK T OWNERS G_Coo VILLAGE KAYA8A HO DINGS LLC APARTMENTSINC 04 OVE LOOK PL M OVERLOOK PL RYE. NY IM-5 DEVELOPER MEGATELHOMES PLANNER/ ENGINEER PELOTON CONCEPT PLANFOR 4CL Rl TE NovEMsM4,2D20 NORTH RYE. W 1051K)4, 5 jy & KC U-C KIM YOUNG & TIM MUELI-ER 2701 CEDAR SPRINGS ROAD SUITIF7W UALLAS. 1. 1-1 11=71RIS'C' ' DDRESSING IST SUBM"AL C01414ENTS DDRESSING 3RD —ITTAL CO ENTS ZT08AMHEK?STAVE 34 OVERLOOK Pl. GALAS. U 10511 345 CONTACT: ZACH IPOUR SUITE FRIS 0. TEXAS 7503 C. PHON :-2-1— NTACT- DAVIDKAU DEFER MATCH LINEPAGE 6 ------------- Z ...... 4 ... . ..... . I 4 ........... MATCH LINE 5 L ------ -- STREET Hl ------- f4 ....... ..... ....................... I, MATCH LINEPAGE 5 1 4 STREET N2 -j STREET .12--- - ----------- 6 7 8 1, J- _LJ T3A w 4 1. co X 1. J.24 Lp 1 1 14 31 STREET M2 ------------- z 1 U, of j i ITT 26 25 24 l 2 21 2D 14L ...... ....... , , % : : : 1w If 10'TREE :.w A TREETCI 10' WALKINGTRAIL TREET Tl ---------------- P. ESERVATIONEASEMENT q 0. Is 11 1 I k I "'1 7 EXISTING a 1-1 c 5 1 RE:E 1 P2 r le t 21 14 XIS—INGTRELS — -------------- 12 STREETDI T-EET Ul ------------------- 14 MULTI -FAMILYTRACT 3 4 5 a v BUILDINGINFORMATION j I . i I - LU I 44 I ILI 4 w OC 1 Lu 14 13 112 TOTALftUNITS: 600 JMJUI 21 23 & l 17 14 R.. I ------- S EETE1---- ---------- T L ------ STREET El ---------- -------------------- MILY IJNITS OcI IS IS 114 PARKING: SEQL`S I —ES VK INITMAP P"'MD. 1"' —CES C 14In LEGEND ww N < 141 SITEINFORMATION vr_ a. 12 LU zoNIN&. PIWu 10'WAI-KiNGTRAIL 19 I yp.) SIN —FAMILY. MILY. LINO USE MULTH'A 21 1 ; COMMER AL . ......... . AR. IT 11LOTAR- 1.1-111A NE$ 1 21 1 1 EXISTING SINGLE n 27 FAMILY SF-Z SF-60 ...... MW. LOT WID- 1.. .1 u— D—: TOMNUM-0—TS: 588 TOTALNUMBE—FLOTS 651 MATCH LINE P DA - EXHIBIT2 ......... .......... MATCH LINEPAGE 5 MATCH LINEP MATCH LINE PROJECTNO. MEGM2 FILE PATH JJDM NIEGIOWZENTZONINMCONCEPT PLAN N BY Ws OWNERS o0l) VILLAGE KAYASA HOLDI— LLC APARTMENTS INC 84 OVER OOK PL R OVERLOQK PL WE, NY 10!58 30 DEVELOPER ME"— HOMES PLANNER I ENGINEER HillPELOTION CONCEP PUN FOR REVI ED BY DATE OVEMB 4.20UE—R NORTH RYE. W 1-5 AKCLUC KIM YOUNG & TIM MUS-LER CEDAR SPRINGS ROAD SUITE7W iiin-, DATE REVISIONS V ' DDRESSING IST & ZND SUBMITTAL COMM sNZN ZZWO DDRESSING 3RD SUBMITTAL COMMENTS MC S— 2708AMHERSTAVE 84 DVERLODK PL DALI-AS.-522 71101 RYE, NY 1058IN3345 1 C'=R DALLAS. U 76201 CONTACT: ZACH IPOUR 4. FRISCO. 7SG33 PHONE—,?-Isoo CONTACT. DAVID KAU-IOEFER LEGEND SF_Z SF-80 eervt ua wx Larorr,H tar IN, Lai aEviw tm _____. gq ___ .gam.^ roiu —ER OF Lois. me rorBLNUMaeROPLoie es, Si, MULTI -FAMILYTRACT 222SaBUILDINGINFORMATIONv i.: zmliltSINGLE-FAMILY Wn """ VICINITYMAP TOTAL NUNITS: 800e NRBNB NEKM: l5 vra. uu BVsamO NEKRR: p mI'F 6wW°3' SITE INFORMATIONIAATEINLr uA1I PARR KING: ZONING: PO4fV 1 0 I ' I Sm6LEFTL.HInrFFAWLYBPLs6W.D00E: ERCNL RRaJDFD 8 1"'^' Ii 10'WALKING TRAIL as1•z.^^'• LDTu,FA: H2sa tslesD Fr.Il41T1acREs iTYP.) ssb•+r1rE 146e.leI _ FUTURE MANTUA ROAD B' WALKING TRAIL ® -- -- - BB4urEe _____see 4, 41•E 9o+.1] ss e•E me.ed BM4soNRr 1 z 3 a 5 e T s ,B n 1z ,] +4 s 18 i EXISTI TREES - .. _.._ _.._. ...__ ._.._. _._.. ' • STREETA2______.-______-___________________-. 1 I -•-- -. _.._.._.. . I otB' .. ®- G .. .._.._.._.._.._.._ i iT REES i4 a i i I10' TREE •_. .: :® In I ! j ! PRESERVATION ' ! .n -- z ] a s a i ! .) ' ' : ! IoMasoemr t9 iwEASEMENT._..'1i STREET K1-----'-----'--=---' I _ _ _ _ _ _ _ - r_T__-__f______________-- i n' .. .' .. .. IIIITI ,}TII{I _ e10' WALKINGYIIL 1 ,/ a ~ 5 tl (TYP.) d B0!• iQ•--11 STREETKI-______________________- e 1] 13® 11• t0 9 B .ri.: i ! 21 1 j 14a- 1 2 J I ' i I ] Q i L?._. .... .... .._.._. _. ` 5 .:: m !,_ 21 e + • I I911. 16 +5 1] W i o fIl I16 i STREET 82 -- STREETJ1— crt N1 2. 3 a 5 8 t•. 1 I W i .II 6 22 II !i N 1 + T I LU W l _ _ _ _ J TI ` I! I I 11 (3 . -. 2 -. ..a. _ _5__- _ T• .._a q I. TREES21)I I IFI_.._.- ._.._-.._. _-.._..Hw l9 11- W [I' 14l! 1 1 ! $ Ni 14 9 13 1,90 9 I f.10 1 IrII ,': TREE 1 ! iSERVAT10iEASEMENT'-;iC2 1s' 144 10 tir!! I i-! 1 2- `-3 _ 6 _ a_ _ i• _i 1III STREETJ --' -' - - - i bi 1i1i 112 43PRE10STREETM1 _ _ _mi I i 24 ! !" j lz as 14 is ; lz 11 e to L.'1. lII 14 1 . ............I:_, IL 1I 1 m 10 19 1! to ss u 1 I ° STREET D2 - -' 1 to 10' WALKINGTRAIL11, I-__ _. ea•, m. i ! _ I411 e 1B', 17 1er14 •1] r n [ 10 WALKING TRAIL I STREET 11 - i =;. _ _ _ _ _ _ _ _ (TYP.) x ' _ __ - _ J_-.._.._.._.. 012 a ^i s - I,' 7 I!. X__ STREET QI_ _ - - -- z I 4 Z Ti1 :• 20 21 az m a u ze 2i m po m s ! iw W 1 ' i ~ _ _ _ _ _ M _ STREET 02- -'r i I s - 11 ! MATCH LINE _ _ _STREET 12f] . r i w Ea I _ - - +- t2_JO MATCH LINE PAGE L:._ ) f • °6• 6E 4 96 DA -EXHIBIT - - - - --- i L a S 7,r STREET H I e { n1zII s MATCH LINE5 PAGE PRoACTNO. MEGm002 FILE PATH J:JOBI MEG20WAENTZONING\CONCEPT PLAN DRAWN BY IRS REVIEWED BY OAK OWNERS DAKWODD VILLAGE KAYASA HOLDINGS LLC APARTMENTS INC NOVER LDOK Pl.i BC OVERLOOKPL RYE, NY 1058041U5 RYE, NY 1058045 DEVELOPER MEGATEL HOMES PLANNER/ENGINEER Dill PELOTON CONCEPT PLAN FOR AINACAPRi e DATE NOVEMBER4, 2020DATE NORTH l & KC LLC KIM YOUNG & TIM MUELLER 2701 CEDAR SPRINGSROAD SURE )00 II LANC so LYTIONB f' 111000 FRISCO STREET p^-" ^' ^•• REVISIONS NOV 2],mm ADDRESSING1ST& 2ND SUBMRTALCOMMENTSNOV 24,mm ADDRESSING 3R0SUBMRTAL COMMENTS CWNHC — LE 2700AMHERSTAVE e40VERLOOK PL DALLAS, T%l5225-i801 RYE, NY 105804395 RER ,. cr, DALLAS.TXi520, CONTACT: ZACH POUR SUITE 400 FRISCO. TEXASTSM3 PHONE 48931}1800 CONTACT: OAVIO KALHOEFER w..c.: avme'm•"'x.':. av:r.ajOa. s"° c:cwua.n....,-. aw,m mu re.sa EXHIBITE Home BuyerDisclosureProgram DeveloperforthePID(s) shallfacilitatenoticetoprospectivehomebuyersinaccordancewiththe followingminimumrequirements: RecordnoticeofthePID(s)intheappropriatelandrecordsfortheproperty. RequirebuilderstoincludenoticeofthePID(s), as providedbythePIDAdministratorin addendumtocontractonbrightlycoloredpaper. CollectacopyoftheaddendumsignedbyeachbuyerinthePID(s) frombuildersandprovide totheCity. Requiresignageindicatingthatthepropertyforsaleislocatedina specialassessmentdistrict and requirethatsuchsignagebe locatedinconspicuousplacesat theentrancetothe developmentandinallmodelhomes. PrepareandprovidetobuildersanoverviewofthePID(s), withassistancefromthePID Administratorforthosebuilderstoincludeineachsalespackets. Notifybuilderswho estimatemonthlyownershipcostsoftherequirementthattheymust discloseAssessmentsseparatelywithestimatedpropertytakes. IncludenoticeofthePID(s) inthehomeownerassociationdocuments, ifapplicable, in conspicuousboldfont. TheCitywillincludeannouncementsofthePID(s) ontheCity's website, withalinktothe PIDAdministrator's websitewitha searchabledatabaseforuseby propertyowners, title companies, mortgagecompanies, orotherinterestedparties. Thedisclosureprogramshallbe monitoredbyDeveloperandPIDAdministrator, and shall takeappropriateactiontorequirethesenoticestobe providedwhenoneofthemdiscovers thatanyrequirementisnotbeingcompliedwith. E. FergusonParkwayImprovements ggggg p2ps jq5 s ga 9ffi 35 y I 3 w ANNA TEXAS "NO LID L E G E N D o o 2DI40710000750570 RF- R nP FWNOoaEeAR TWxP Ppx110E-xxlNG eD'Row TRACT o to 40' ROW DED. 0.590 Ac. N 72'51'21* W N zm 141.23' NOSo C5 C4 f - - - - - - - - - - - - - - - - - - - - - - L2e0' N 0W 20.11. r CRF 1/2' CRF X „ Proposed RosamondROW o ( by others) C2L167.u" 50' ESMT AND ROW TO CROSSTEX NORTH TEXAS PIPELINE 120ROW FOR 5-016969aNATURALGAS 200ORHORTON-TEXAS LED 20210212OW3104703 w ELI W. WITT SURVEY nJONIC INVESTMENTS LLC A-997 V 0 20150605= 666010 p N I ONE TABLE 6= UNE REAPING CE DISTAN 3=1'$ 9'D6" e=1'5908" Lt s e9'ar47' E .a61' R=1140. 00 R=1260.00' L=39. 51' L=43.66' CD=N 007700 E CD=S 00'1700 W CL=39. 50' TRACT 3 CL=43.66' ROW DED. KAYASA HOLDINGS LLC 2.884 A, 20190807000946750 OR HORTON- TEXAS LED +20' ROW 20210212000310470 of in I. z o 50' ESMT AND ROW TO CROSSTEX NORTH TEXAS PIPEUNE FOR NATURAL GAS 2005-0169694 N 89' 23'38' E U U JR i'6Ur¢•J_ 5/8- Utf 3=13'06'50" IR= 1140, 00' N 89' 23'38" E L=260.93' 120.02' CD=S 08*11'11" E o CL= 260.36' n 61 Zrp n 3=0' 58'25" R=1260. 00' u' WL=21.41' L. CD= S 14'15'23" E OR PARTNERSHIP LTO 20020214000237330JOHN ELLETT SURVEY A-296 N 01' 16'34" E 5/6' CRF PEBOX-M " LJA SURVENNG' N 88' 54'18" W_ 40.12' N 89' 14'43" W_ 81.0010ELD HWES LP 33.88' 20200117000076380 N 01'16-34" E_ 36.17' CL=21. 41' 3=14' 39'56" R=1260. 00' L=322. 51' CD=S 06'26'13" E CL=321. 63' TRACT 1 ROW DED. 0.682 Ac. a0 oc 320' ROW MARTIN MOORE SURVEY A-649 KAYASA HOLDINGS LLC 20190807000946750CURVE TABLE CURNE RANDS DELTA ANGLE ARC LENGTHI LONG CHORD C1 1260. 00' 2'48"28' 61.75' S 00V7'41" E. 61.74' C2 1140. 00' 3'35'22- 71.42' N NV31' E, 71.4V C3 1140.00' 254'19' 57.91• S 0010'36- E. 57.80' 120 0 120 240 360 Feel 09 SCALE: 1"= 120' 1" RF COUNTY ROAD 370 OAKWOOD MLLAGE APARTMENTS INC U17IM1001594200 S 87' 53' 54" W 46. 30' NOTES I. Be ', e. s.a m Tea.a Cooraa+ System, North Ce'i2ona (4202). NAp '83. 2 13-ti. n la m.ae to d g9 p rch.w .fHe aurwy. It I. lenottransmtle to . 4altiond matitett. na eAeo-townaa. GkA Conwltenta, na ,h. S D.C.-_ a 1noth. NON. for any unautl 1- ueah-1. 3. Sur eq.s made n. 1nve.N9otlnn anaee enaent ..r.N fo ..anent. H r -t. ma.=,«a..".NictN.e c<wlanta .nareniPtit. ma m. a - m . c 1- 0-t or ta.'m.y ai.ao.e. Overall ROW ExhibitProposed 120' Right -of - Way Tracts 1-3 5. 783Acres Total intheJOHN ELLETT SURVEY, ABSTRACT NO. 296MARTINMOORE SURVEY, ABSTRACT NO. 649ELIW. WITT SURVEY, ABSTRACT NO. 997CITY OF ANNA COLLIN COUNTY, TEXAS The JohnR. McAdams Company, Inc. 111 'Hi Was 75 ew LiZTeva.7506797972. 436. 9712201CowtryViewDrive Roanoke, T... 7062 940. 240.1012 MCADAMSTBPE: 18762 wTSPILS 10194440 DRAWN BY: JSDATE: 7/30/2021 SCALE: 1"-120' JOB. No. MEGA 202131 MAT IHUI JY & KC LLC 201706080007M940 s° I I I N 88' 20'56" E_ 40.01' I I I I I TRACT 5 40' ROW O. Ad1.290 AC. 0 120 240 360 Feel SCALE:1"=120' JY & KC LLC 2017060WW746940 LINETABLE LINEI BEARING I DISTANCEL2IN89Or47INI2019' CURVE TABLE Cl1RWE I RADIUS I DELTA ANGIE ARC LENGTN I LONG WORD C4 126 De' 1 -05' 19.82' N 89' 34'50' W. 19.82' CS 1280.00' 119'09' 1 ..00' S 8993'3iW. 40.W OR HORTON-TEXAS Lro o S 88' 24' 07" E 20210212000310470 40.15' zl S. E. ROBERTS SURVEY A-786 3 ANNA TDAS LAND LTD o 20IQ71WW750570 ro r 1a0- 3 eo` TRACT 4 am 40' ROW DED. 0.590 AC. N 72'51'21' W 1-23' N OOa C5 ...: C4--_—_ _ N 0014'00' W 1-2 2017' fir, 1/2- CREeRRw Las ao„ ProposedRosamondROW by others) c2 a 67.22''e 50' ESMT AND ROW TO CROSSTEk NORTH TEXAS PIPELINE 120'ROW FOR NATURAL GAS DR H10212OlIXASLRI N '_!:_;: _,, _,,_.,,-N 2005-0169694 202102120003104]0 yj !'; :, J. C. BURGE SURVEY LAURA COLLINS A-106 19940310000236493S 89'17'15" E COUNTY ROAD 371 S 89017115" E 470. 49' L 6 a0' ROW mob U 43r1 Iacpm I 3I 0 0 I I II .. 3 JY&KC LUG 20170608= 746940 z MATCHLINE L E G E N D aes. ao wo ror o°ra aaNreneiOnew - mwl-oy-w•r NO ES I. Beal,, 6dem « Teree Cdadlndle SWtam, NwN Central Zane (1202), NA0 83, 2. Dedadtl« m mode to a11- OurMdeer orine .1.1ItM n<to-emradele t9 ded 6-1a IUWtlodea euSW-towo - G&A C«e„N«11. LLC, «d Ina SUrveyd Mal not 5e I.I.1Idr any undumdrlxed useFaeor. 3. surveyormad e- de n evti9 - errde«nd-t ven fa e< oy ..core. a „me.oecee, n co oote, o e.ee„ce. a v oma r«te mot « o«u.ae oe. red a titlem y d- OverallROW Exhibit Proposed 80' Right -of -Way Tracts4-6 6.710 AcresTotal in theJOHN ELLETT SURVEY, ABSTRACT NO. 296MARTINMOORE SURVEY, ABSTRACT NO. 649ELIW. WITTSURVEY, ABSTRACT NO. 997 CITYOF ANNA COLLIN COUNTY, TEXAS The John R. McAdamsCompany Inc111H lle deLew . 75 972. 36T..r97750S7 972. 436. 9712 201 CountryView0rrveRoanoke, T-a76M MCADAMSTBPE.' 9762 940, 210,1012 I.S. 10194440 ww,a, cna>d omom MEGATEL DRAWN BY: BC DATE: 08/3/2021 SCALE: I"=120' JOB. No. 2021310076 EXHIBITG LagunaConceptualDepiction ANNA HiGHSCHOOL 011 CWateri,• PCB ;:. 3 S7T0YPE , Slides rLlTTYPEC Yi r!4TSTORY 9 Stageand Events TYPE STOR J_ 6r8TYPE r1 r15; P JO 7 STORY—__., , v a qw 43p- 1 iq r u. fERGUSON PAP WA4 EXHIBITGl LagunaComponentsandTiming COMPONENTS A Lagunaarea 1 Lagunawithmin 2. 3AC watersurface 2 Minimum (2) sandbeaches - oneofwhichmay be restrictedtousebypropertyowners/clubmembers 3 RentableCabanas 4 RentablePaddleboards 5 Swim Up Bar 6 SplashParkforkids 7 EventVenue 8 OutdoorStage 9 40' Slide 10 RemovableVolleyballCourt 11 FlowRider B MinimumApprox. 30,000SF entertainmentcommercialbuilding 1 Restaurantwithonecommercialkitchen 2 Adultgamearea 3 Teenarcade 4 Kidsinsideplayarea 5 BowlingAlley - 4 lane 6 Yogastudio 7 Gym - whichcanbe restrictedtousebypropertyowners/clubmembers TIMING AlltimingcontingentonSanitarySewereasementandRoadROW fromCity A LagunaandEntertainmentDistrict 1 SitePlanSubmittal Within180daysofDA approval 2 ConstructionplanSubmittal Within180daysofSitePlanapproval 3 CompletionofLaguna/EntertainmentDistrictWithin24 monthsofallbuildingpermits, subjecttoextensionssetforthinDevelopmentAgreement B LotDevelopment Phase 1 Within365daysofapprovedplansandpreconstructionmeeting Allotherphases As reasonablyquicklyas marketdemands NOTE AllDaysarebusinessdaysforconstruction; alltimingcontingentonsanitarysewereasementand roadwayROW fromCity EDITH LagunaParkingStandards LAGUNA PARKINGREQUIREMENTS TheparkingrequirementsfortheLagunaareuniqueinthatmanyofthesingle-familyresidents willwalk, bicycle, ordrivegolfcartstothefacility. Additionally, theadjacentmulti -family residentswillhavetheirownparkinglotwithinthemulti -familyprojectandwillsimplywalkto theLaguna. ThemajorityofthevisitorstotheLagunawillstayfrom2- 3hours, witha morning, afternoon, andeveningcycleofvisitors. Theparkingrequirementswillbecalculatedutilizingthefollowing: The Lagunacapacitywillbe basedon beachsize, with15 squarefeetofbeachassumed foreachvisitor. The beachcapacitywillbe "cycled" 2. 5timesperday. One parkingspacewillbe requiredpereverythreevisitors. An examplecalculation: Thetotalbeachareawillrangebetween20,000 — 30,000sf. 25,000sfofbeachdividedby15sfperpersonequals1,667visitorsperday. 1,667visitorsdividedby2. 5 (visitorswillcomeandgothroughtheday) equals669 visitorsatanyonetime. 669visitorsdividedby3 visitorspercarequals222parkingspaces. Salo Ot- I..- - 0 Location0 WN 16'x2c SIGN SALES CENTER 16'x20' SIGN A nn a c S _ TER EXHIBIT in the F. T. DAFFAU SURVEY, ABSTRACTNO. 288 CITY OF ANNA COLLINCOUNTY, TEXAS 1 WADAMS TheJohnR. McAdams Company, Inc. 111 HillsideDrive Lewisville, Texas 75057 i —Irlyview —ve Roanoke, Texas 76262 940. 240. 1012 TBPE. 19762 TBPLS: 10194440 www.gacon.com vrvnv.mcadamscc.com DRAWN BY: SM DATE: 6/02/2021 SCALE: 1"=400' JOB. NO.2021310076 MATCHLINE e Jj 16'x20' SIGN A SIGN AND SALES CENTER EXHIBIT inthe F. T. DAFFAU SURVEY, ABSTRACTNO. 288 CITY OF ANNA COLLIN COUNTY, TEXAS The John R. McAdams Company, Inc. 5'^ 111 HillsideDrive 7 Lewisville. Texas75057 i 972. 436. 9712 E a 201 CountryViewDrive Roanoke, Texas 76262 940, 240. 1012 WADAMS TBPE 19762 8ro10194440w762TBon.com wu w. rademsco.com v DRAWN BY: SM DATE: 6/02/2021 SCALE: 1"=400' JOB. N0.2021310076 EXHIBITI2 GeneralS%p _Example MEGATELffHOMES 49; LAGUNAAZURE ak— Jr 7 - — EXHIBITJ RoadwaysEligibleforImpactFeeCredits M "III —A ilmpactFee Eligiblei F. r PIDEXHIBIT inthe T. DAFFAU SURVEY, ABSTRACT NO. 288 CITYOF ANNA COLLINCOUNTY, TEXAS j:qCADAMS TheJohnR. McAdams Company, Inc. 111 HillsideDrive Lewisville, Texas75057 Ro'anoke, TTexas76262940. 240. 1012 TBPE: 19762 TBPLS: 10194440 wv+ w.gawn.com www. mcadamsco.com DRAWN BY: SM DATE: 5/28/2021 SCALE: 1"=400' JOB. NO.2021310076I MATCHLINE B-al L-- A PID EXHIBIT inthe F. T. DAFFAU SURVEY, ABSTRACT NO. 288 CITYOF ANNA COLLINCOUNTY, TEXAS TheJohnR. McAdams Company, Inc. 111 HillsideDrive Lewisville, Texas75057 972.436.9712 201 CountryViewDrive Roanoke, Texas76262 940. 240. 1012MceTAMSTBPE: 19 9accon.com 194440 1• ,J wvnv.mcadamsco.com DRAWN BY: SM DATE: 5/28/2021 SCALE: 1"=400' JOB. NO.20213100761 11 Z.l m mm UII EXHIBITK PIDFinancial :Summary CityofAnna, Texas DRAFT fordiscussionpurposesonly AnaCapriPublicImprovementDistrict PROPOSED DEVELOPMENT PLAN TOTALANACAPRIIMPROVEMENT DISTRICT Expected Expected Expected Expected PID (SF Parcels) PID (SF Parcels) FinishedLot BuildOut Finished BuildOut Category No. ofUnits UnitValue UnitValue LotsValue Value SF 40' 588 $ 68,000 $ 366,190 $ 39,984,000 $ 215,320,000 SF 50' 651 82,000 386,912 53,382, 000 251,880,000 1,239 $ 93,366,000 $ 467,200,000 SingleFamilyUnitWeightedAverage ............................... $75,356 $377,078 Notes: InformationderivedfromtheDeveloper's FinancingAnalysisdated10/ 11/21. Subjecttochange. PublicImprovementDistrictdoesNOT includeMulti -FamilyandCommercialParcels. HilltopSecuritiesInc. Page1 of5 10/11/2021 CityofAnna, Texas DRAFT fordiscussionpurposesonly AnaCapriPublicImprovementDistrict PROJECT DEBT CAPACITYSUMMARY SOURCES OF FUNDS ParAmountofBonds OtherSources TotalSourcesofFunds USES OF FUNDS ProjectFund (BondProceedsPIDProjects) OtherProjectFunds (Non -BondProceedsPIDProjects) CapitalizedInterestFundlll DebtServiceReserveFund(2) FinancingCosts & AdminFees(3) TotalUsesofFunds ExpectedValue -to -LienperParcelatBondIssuance(4) AssumedBond InterestRate(s) AverageAnnualInstallmentasTaxRateEquivalent Less: TIRZAdjustmentasTaxRateEquivalent(6) NetAverageAnnualInstallmentasTax RateEquivalent TermofBonds CityTIRZParticipationRateas %of2021TaxRate(') NumberofBenefitedUnits PIDAssessmentperBenefitedUnit ProjectFundsperBenefitedUnit CityPIDFeeperSF Unit(8) NetProjectFundsperBenefitedUnit Notes: 50% CityTIRZScenarioforSF Parcels SF RESIDENTIAL SF RESIDENTIAL TOTAL PIDBONDS PID/TIRZ SF RESIDENTIAL 40,854,000 $ 18,236,000 $ 59,090,000 34,064,850 15,194,400 49,259,250 2,703,750 1,218,000 3,921,750 4,085,400 1,823,600 5,909,000 40,854,000 18,236,000 59,090,000 2.29x? 1.58x 5.00% 5.00% 5.00% 0.6499 0.2673 0.9172 0.0000 0.2673) 0.2673) 0.6499 0.0000 0.6499 30 years 30 years 30 years 0% 50% 50% 1,239 1,239 1,239 32,973 14,718 47,692 27,494 12,263 39,757 1,700) 38,057 1) Assumesno useofcapitalizedinterest, subjecttochange. Use ofCap-[ reducesprojectfundsgeneratedthroughbondproceeds. 2) Assumestobe themax annualdebtservicepayment. Nottoexceed10% ofparamountofbondsor125% ofaverageannualdebtservicepaymen 3) Assumedtobe 10% ofparamountforillustrationanddiscussionpurposesonly. Subjecttochange. 4) Assumesno appraisaldiscountsforillustrationpurposesonly. Subjecttochange. 5) Fordiscussionandillustrationpurposesonly, subjecttochange. 6) Does notincludeTIRZadminexpense. 7) IncludesexpectedTIRZadminexpense, subjecttoreviewbyTIRZadministrator. 8) $1,700PIDFeeperbenefitedunit. HilltopSecuritiesInc. Page 2 of5 10/11/2021 CityofAnna, Texas DRAFT fordiscussionpurposesonly AnaCapriPublicImprovementDistrict PROJECTED TAX STATEMENT ProjectedTaxStatement 50% CityTIRZScenarioforSF Parcels Tax Tax 2021 Levyon Levyon Tax 366, 190 386,912 Rate 40' Home SO'Home CityofAnna 0.5695 2,085.45 2,203.47 CollinCounty 0.1681 615.52 650.35 CollinCountyCommunityCollegeDistrict 0.0812 297.43 314.26 Anna IndependentSchoolDistrict 1.4603 5,347.48 5,650.08 TotalTaxRate 2.2791 8,345.88 8,818.16 GROSS Avg. AnnualInstallmentasaTaxRateEquivalent/Levy(l) 0.9172 3,358.54 3,548.60 TotalGROSS OverlappingTax RateEquivalent/LevyplusSpecialAssessment 3.1963 11,704.42 12,366.75 ProjectedTIRZCreditasTaxRateEquivalent/Levyill 0.2673) 978.76) 1,034.14) TotalOverlappingTax RateEquivalent/LevyafterProjectedTIRZCredit 2.9290 10,725.67 11,332.61 NetAvg. AnnualInstallmentasTaxRateEquivalent/Levy(3) 0.6499 2,379.79 2,514.45 1) Inclusiveofprincipal, interest, additonalinterestandadminlevies. 2) TIRZCreditcalculationasataxrateequivalentdoesNOT includethebudgetedTIRZAdminExpense (approx $0.0175). 3) Assumesa targetedNetAvg. AnnualInstallmentasTax RateEquivalent/Levy $0.65 per $100fortheSF Parcels. HilltopSecuritiesInc. Page3 of5 10/ 11/2021 CityofAnna, Texas DRAI7 fordiscussionpurposesonly AnaCapriPublicImprovementDistrict PIDBONDS DEBTCAPACITY - 5076CITYTIRZFORSF RESIDENTIALPORTION SINGLEFAMILY PID Bonds w/o TIRZ Enhancement TotalLevy Additional as Bond Interest Administrative TOTAL TaxRate Year Principal Interestl3l Levyr" Levy(3) LEVY Equivalent 1 609, 000 $ 2,042,700 $ 204, 270 $ 180, 000 3,035,970 SF 0.6498 2 639, 000 2,012,250 201, 225 183,600 3,036,075 0.6498 3 671, 000 1,980,300 198,030 187,272 3,036,602 0.6500 4 704, 000 1,946,750 194, 675 191,017 3,036,442 0.6499 5 739, 000 1,911,550 191,155 194, 838 3,036,543 0.6499 6 775, 000 1,874,600 187,460 198, 735 3,035,795 0.6498 7 814,000 1,835,850 183,585 202, 709 3,036,144 0.6499 8 855, 000 1,795,150 179,515 206, 763 3,036,428 0.6499 9 898,000 1,752,400 175,240 210, 899 3,036,539 0.6499 30 943,000 1,707,500 170,750 215,117 3,036,367 0.6499 11 990,000 1,660, 350 166,035 219,419 3,035,804 0.6498 12 1,041,000 1,610, 850 161,085 223,807 3,036,742 0.6500 13 1,093,000 1,558, 800 155,880 228,294 3,035,964 0.6498 14 1,149,000 1,504,150 150,415 232, 849 3,036,414 0.6499 15 1,207,000 1,446,700 144,670 237,506 3,035,876 0.6498 16 1,269,000 1,386,350 138,635 242, 256 3,036,241 0.6499 17 1,334,000 1,322,900 132,290 247,101 3,036,291 0.6499 18 1,402,000 1,256,200 125,620 252,043 3,035,863 0.6498 19 1,474,000 1,186,100 118, 610 257,084 3,035,794 0.6498 20 1,550,000 1,112,400 111,240 262,226 3,035,866 0.6498 21 1,630,000 1,034,900 103,490 267,471 3,035,861 0.6498 22 1,715,000 953,400 95,340 272,820 3,036,560 0.6499 23 1,804,000 867,650 86,765 278, 276 3,036,691 0.6500 24 1,897,000 777,450 77,745 283, 942 3,036,037 0.6498 25 1,996,000 682,600 68,260 289,519 3,036,379 0.6499 26 2,100,000 582,800 58,280 295,309 3,036,389 0.6499 27 2,209,000 477,800 47,780 301,215 3,035,795 0.6498 28 2,325,000 367,350 36,735 307, 240 3,036,325 0.6499 29 2,447,000 251,100 25,110 313, 384 3,036,594 0.6500 30 2,575,000 128,750 12,875 319, 652 3,036,277 0.6499 40,854,000 $ 39,027,650 $ 3,902,765 $ 7,302,254 91,086,669 SINGLEFAMILY 50% CityTIRZScenario Total Total PIDBondsw/TIRZEnhancement TIRZShare Plus: TIRZ TIRZ Additional as TIRZ TOTAL Participation Participation Bond Interest TIRZ TaxRate Admin TIRZ asTaxRate as%of2021 Year Principal InterestlslLevy (2) SHARE EquivalentExpensel°I CASH FLOW EquivalentCityTaxRate 1 267,000 $ 911,800 $ 91,180 1,269,980 0.2718 60,000 1,329,980 0.2847 50% 2 280,000 898,450 89,845 1,268,295 0.2715 61,200 1,329,495 0.2846 5016 3 294,000 894,450 88,445 1,266,895 0.2712 62,424 1,329,319 0.2845 5076 4 309,000 869,750 86,975 1,265,725 0.2709 63,672 1,329,397 0.2845 50A 5 325,000 854,300 85,430 1,264,730 0.2707 64,946 1,329,676 0.2846 50% 6 342,000 838,050 83,805 1,263,855 0.2705 66,245 1,330,100 0.2847 50% 7 359,000 820,950 82,095 1,262,045 0.2701 67,570 1,329,615 0.2846 50% 8 378,000 803,000 80,300 1,261,300 0.2700 68,921 1,330,721 0.2847 5016 9 397,000 784,100 78,410 1,259,510 0.2696 70,300 1,329,810 0.2846 50% 10 417,000 764,250 76,425 1,257,675 0.2692 71,706 1,329,381 0.2845 501% 11 439,000 743,400 74,340 1,256,740 0.2690 73,140 1,329,880 0.2846 50% 12 462,000 721,450 72,145 1,255,595 0.2687 74,602 1,330,197 0.2847 50% 13 486,000 698,350 69,835 1,254,185 0.2684 76,095 1,330,280 0.2847 501% 14 511,000 674,050 67,405 1,252,455 0.2681 77,616 1,330, 071 0.2847 50*4 15 537,000 648,500 64,850 1,250,350 0.2676 79,169 1,329,519 0.2846 50% 16 565,000 621,650 62,165 1,248,815 0.2673 80,752 1,329,567 0.2846 50% 17 595,000 593,400 59,340 1,247,740 0.2671 82,367 1,330,107 0.2847 5076 18 626,000 563,650 56,365 1,246,015 0.2667 84,014 1,330,029 0.2847 50•16 19 659,000 532,350 53,235 1,244,595 0.2664 85,695 1,330,280 0.2847 5076 20 693,000 499,400 49,940 1,242,340 0.2659 87,409 1,329,749 0.2846 50,6 21 729,000 464,750 46,475 1,240,225 0.2655 89,157 1,329,382 0.2845 50% 22 768,000 428,300 42,830 1,239,130 0.2652 90,940 1,330,070 0.2847 50% 23 808,000 389,900 38,990 1,236,890 0.2647 92,759 1,329,649 0.2846 50% 24 851,000 349,500 34,950 1,235,450 0. 2644 94,614 1,330,064 a2847 50% 25 896,000 306,950 30,695 1,233,645 0.2642 96,506 1,330,151 a2847 50% 26 943,000 262,150 26,215 1,231,365 0.2636 98,436 1,329,801 0.2846 50% 27 993,000 215,000 21,500 1,229,500 0. 2632 100,405 1,329,905 0.2847 50% 28 1,046,000 165,350 16,535 1,227,8B5 0.2628 102,413 1,330,298 0.2847 50% 29 1,101,000 113,050 11,305 1,225,355 0. 2623 104,461 1,329, 816 0.2846 50% 30 1,160,000 58,000 5,800 1,223,800 a2619 106,551 1,330,351 0.2847 50% 18,236,000 $ 17,478,250 $ 1,747,825 37,462,075 2,434,085 39,896,160 1) Assumesan interestrateof5.00% fordiscussionpurposesonly, subjecttochange. 2) Calculatedat0. 5% ofoutstandingbonds. 3) Forillustrationpurposesonly, subjecttochangeafterinputfromPIDAdministrator. Assumesadministrativeexpensesforfourimprovementareas. 4) Forillustrationpurposesonly, subjecttochangeafterinputfromTIRZAdministrator. Assumesadministrativeexpensesforfourtaxincrementreinvstmentzones. HilltopSecuritiesInc. Page4 of5 10/11/2021 CityofAnna, Texas DRAFT fordiscussionpurposesonly AnaCapriPublicImprovementDistrict PROJECT IMPACT ON THE CITY (AD VALOREM PROPERTY TAXES) 50% TIRZ Scenario 50% 50% At2021Rate CityTaxes At2021Rate CityTaxes Average Average GrossCityTaxes Depositedin NetCityTaxes GrossCityTaxes Depositedin NetCityTaxes BuildOut BuildOut Generated TIRZFund Generated Generated TIRZFund Generated No. ofUnits UnitValue TotalValue perUnit perUnit perUnit atBuildOut atBuildOut atBuildOut ProposedSingleFamilyHomes 1,239 377, 078 $467,200,000 2,147 1,074) 1,074 2,660,704 1,330,352) 1,330,352 ProposedNonTIRZ CityTaxes Total ProposedNonTIRZ CityTaxes Total Average usedfor Fundsfor Average usedfor Fundsfor Average Average PIDAssessment PID Bonds DebtService PID Assessment PID Bonds DebtService BuildOut BuildOut AnnualInstallmentDebtService and PIDAdmin AnnualInstallmentDebtService andPIDAdmin No. ofUnits UnitValue TotalValue perUnit perUnit perUnit atBuildOut atBuildOut atBuildOut ProposedSingleFamilyHomes 1,239 $377, 078 467,200, 000 2,451 1,008 3,458 3,036,222 1,248, 736 4,284,958 DeltaisforTIRZAdminExpenses (no bonddebtservice) HilltopSecuritiesInc. Page 5 of5 10/11/2021 Filedand Recorded OfficialPublicRecords StaceyKemp, CountyC'.erk CollinCounty, TEXAS 10/21/2021 03:17:28 PM 682.00 CARLA 20211021002155180 Item No. 5.b. City Council Agenda Staff Report Meeting Date: 8/8/2023 Staff Contact: Lauren Mecke AGENDA ITEM: Potential Development of a 137 Acre Tract on West White Street. (Planning Manager Lauren Mecke) SUMMARY: Glore Management is seeking to discuss the land use and potential development of a 137 acre tract of land located on the north and south sides of West White Street (FM 455), 1,330± feet west of Standridge Boulevard. The property is currently located in the Extraterritorial Jurisdiction. FINANCIAL IMPACT: This item has no financial impact. BACKGROUND: Anna 2050 Comprehensive Plan The Anna 2050 Future Land Use Plan identifies this general area as Cluster Residential and Professional Campus. Below are the area map and descriptions associated with each identification. STRATEGIC CONNECTIONS: This item has no strategic connection. ATTACHMENTS: 1. Workshop request letter 2023-08-08 2. Anna 137 Acre_Concept Plan ETHAN@ELIMCG.COM July 31, 2023 City of Anna Attn: City Council, Subject: Request for Workshop to Discuss Proposed Development Project Dear City Council, I hope this letter finds you well. My name is Ethan Wang, and I am writfng on behalf of Glore Management, a development group interested in a potentfal project within the City of Anna. We are excited to present our vision for a comprehensive development on a 137-acre property. Our proposed project includes a mix of residentfal and commercial components, aiming to enhance the community and contribute positfvely to the city's growth. The Proposed Development: Our vision for the site encompasses a well-balanced and thoughtiully designed development that caters to various aspects of the community's needs. The plan includes the following components: 1. Townhomes: Approximately 122 townhomes offering modern and affordable housing optfons for families and individuals seeking a connected and vibrant community. 2. Residentfal Lots: Around 200 residentfal lots ranging from 50 to 60 feet wide, accommodatfng a diverse range of single-family homes. 3. Senior Living Multffamily: A senior living multffamily development designed to meet the requirements of our aging populatfon and provide a supportfve living environment. 4. Office/Retail Commercial: A commercial area intended to foster local businesses, provide employment opportunitfes, and serve as a convenient shopping destfnatfon for residents. 5. Industrial Retail: A carefully planned industrial retail area to cater to the needs of businesses, contributfng to the local economy and creatfng potentfal job opportunitfes. Our Request: Before formally submitting our proposal for rezoning consideratfon, we believe it would be mutually beneficial to engage in a workshop with the City of Anna's City Council. The workshop will provide an opportunity for us to present the project in detail and receive valuable feedback from the city officials and stakeholders. This collaboratfve session will enable us to better align our proposal with the city's vision, policies, and community objectfves. We highly value the input, as it will allow us to address any concerns and refine our plans accordingly. Our ultfmate goal is to create a development that complements and enriches the existfng character of Anna while adhering to the highest standards of sustainability, design, and livability. Next Steps: We kindly request the opportunity to schedule a workshop at your earliest convenience. Please let us know of any specific dates or tfmes that work well for the city, and we will make every effort to accommodate your schedule. Thank you for considering our request. We look forward to the prospect of collaboratfng with the City of Anna in realizing this development project that will be a source of pride for the community. Should you require any additfonal informatfon or have any questfons, please do not hesitate to contact me at (214) - 833-8833 or Ethan@Elimcg.com. Sincerely, Ethan Wang Manager, Glore Management, Inc 214-833-8833 Ethan@Elimcg.com Item No. 5.c. City Council Agenda Staff Report Meeting Date: 8/8/2023 Staff Contact: Terri Doby AGENDA ITEM: Presentation of the Proposed FY2023-2024 Budget. (Interim City Manager Ryan Henderson) SUMMARY: Section 7.02 of the City Charter states that on or before the 15th day of August of the fiscal year, the City Manager must submit to the City Council a budget for the ensuing fiscal year. Staff will provide a brief presentation of the Proposed FY2023-2024 Budget. A hard copy of the draft budget will be provided to each City Councilmember for review. A copy of the draft budget will be posted on the City's website on August 9th. FINANCIAL IMPACT: Process to adopt the FY2023-2024 Budget. BACKGROUND: Texas Local Government Code 102.002 requires the preparation each year of a municipal budget to cover the proposed expenditures of the municipal government. STRATEGIC CONNECTIONS: This item supports the City of Anna Strategic Plan, specifically advancing the strategic outcome area: Excellent. ATTACHMENTS: Item No. 6.a. City Council Agenda Staff Report Meeting Date: 8/8/2023 Staff Contact: AGENDA ITEM: Approve City Council Meeting Minutes for July 25, 2023. (City Secretary Carrie Land) SUMMARY: FINANCIAL IMPACT: BACKGROUND: STRATEGIC CONNECTIONS: ATTACHMENTS: 1. CCmin2023-07-25 Work Session 2. CCmin2023-07-25 City Council Work Session Meeting Minutes Tuesday, July 25, 2023 @ 5:30 PM Anna Municipal Complex - Council Chambers 120 W. 7th Street, Anna, Texas 75409 The City Council of the City of Anna met in a Closed Work Session at 5:30 PM, on July 25, 2023, at the Anna Municipal Complex - Council Chambers, 120 W. 7th Street, to consider the following items. 1. Call to Order, Roll Call, and Establishment of Quorum. Mayor Pro Tem Miller called the meeting to order at 5:33 PM. Members Present: Mayor Nate Pike Mayor Pro Tem Lee Miller Deputy Mayor Pro Tem Randy Atchley Council Member Kevin Toten Council Member Stan Carver Council Member Elden Baker Council Member Pete Cain Members Absent: None 2. Closed Session (Exceptions). Under Tex. Gov't Code Chapter 551, the City Council may enter into Closed Session to discuss any items listed or referenced on this Agenda under the following exceptions: a. Consult with legal counsel regarding pending or contemplated litigation and/or 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). Zoning and Related Ordinances. City Regulations. b. Discuss or deliberate the purchase, exchange, lease, or value of real property (Tex. Gov’t Code §551.072). c. Discuss or deliberate Economic Development Negotiations: (1) To discuss or deliberate regarding commercial or financial information that the City has received from a business prospect that the City seeks to have locate, stay, or expand in or near the territory of the City of Anna and with which the City 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). d. Discuss or deliberate personnel matters (Tex. Gov’t Code §551.074). MOTION: Council Member Baker moved to enter closed session. Council Member Atchley seconded. Motion carried 4-0. Mayor Pro Tem Miller recessed the meeting at 5:33 PM. Mayor Pike reconvened the meeting at 6:05 PM. 3. Consider/Discuss/Action on any items listed on any agenda - work session, regular meeting, or closed session - that is duly posted by the City of Anna for any City Council meeting occurring on the same date as the meeting noticed in this agenda. No action taken. 4. Adjourn. Mayor Pike adjourned the meeting at 6:05 PM. Approved on the 8th day of August 2023 ________________________________ ATTEST: Mayor Nate Pike ________________________________ City Secretary Carrie L. Land Regular City Council Meeting Meeting Minutes Tuesday, July 25, 2023 @ 6:00 PM Anna Municipal Complex - Council Chambers 120 W. 7th Street, Anna, Texas 75409 The City Council of the City of Anna met on July 25, 2023 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. Mayor Pike called the meeting to order at 6:06 PM. Members Present: Mayor Nate Pike Mayor Pro Tem Lee Miller Deputy Mayor Pro Tem Randy Atchley Council Member Kevin Toten Council Member Stan Carver Council Member Elden Baker Council Member Pete Cain Members Absent: None 2. Invocation and Pledge of Allegiance. Mayor Pike led the Invocation and Pledge of Allegiance. 3. Neighbor Comments. Nick Rubit expressed concern about car robberies in his neighborhood. 4. Reports. No reports were given. 5. Consent Items. MOTION: Mayor Pro Tem Miller moved to approve Items 5.a.-t. Council Member Toten seconded. Motion carried 7-0. a. Approve City Council Meeting Minutes for July 11, 2023. (City Secretary Carrie Land) b. Approve the Quarterly Investment report for the Period Ending June 30, 2023. (Finance Director Alan Guard) c. Review Monthly Financial Report for the Month Ending June 30, 2023. (Budget Manager Terri Doby) d. Review Minutes of the June 5, 2023 Planning & Zoning Commission Meeting. (Director of Development Services Ross Altobelli) e. Approve a Resolution regarding the 455/75 Business Addition, Block A, Lot 4R, Site Plan. (Director of Development Services Ross Altobelli) A restaurant on one lot on 1.0± acre located on the west side of U.S. Highway 75, 455± feet south of W. White Street. Zoned C-2 General Commercial (C-2). The Site Plan is in conformance with the city’s Subdivision Regulations and Zoning Ordinances. The Planning & Zoning Commission recommended approval subject to additions and/or alterations to the engineering plans as required by the Public Works Department. A RESOLUTION OF THE CITY OF ANNA, TEXAS APPROVING 455/75 BUSINESS ADDITION, BLOCK A, LOT 4R, SITE PLAN. f. Approve a Resolution regarding the Gateway at Buddy Hayes, Block A, Lot 2R, Replat. (Director of Development Ross Altobelli) Multiple-family residences on one lot on 13.2± acres located on the west side of Buddy Hayes Boulevard, 1,220± feet south of W. White Street. Zoned: Planned Development (Ord. No. 1024-2022). The purpose for the Replat is to dedicate easements and lot and block boundaries necessary for the creation of a multiple-family residential development. The Replat is in conformance with the adopted Planned Development standards and with the city’s Subdivision Regulations and Zoning Ordinances. The Planning & Zoning Commission recommended approval subject to additions and/or alterations to the engineering plans as required by the Public Works Department. A RESOLUTION OF THE CITY OF ANNA, TEXAS APPROVING GATEWAY AT BUDDY HAYES, BLOCK A, LOT 2R, REPLAT. g. Approve a Resolution regarding the Gateway at Buddy Hayes, Block A, Lot 2R, Site Pan. (Director of Development Services Ross Altobelli) Multiple-family residences on one lot on 13.2± acres located on the west side of Buddy Hayes Boulevard, 1,200± feet south of W. White Street. Zoned: Planned Development (Ord. No. 1024-2022). The purpose of the Site Plan is to show the proposed multiple-family residential development site improvements. The Site Plan is in conformance with the adopted Planned Development standards and with the city’s Subdivision Regulations and Zoning Ordinances. The Planning & Zoning Commission recommended approval subject to additions and/or alterations to the engineering plans as required by the Public Works Department. A RESOLUTION OF THE CITY OF ANNA, TEXAS APPROVING GATEWAY AT BUDDY HAYES, BLOCK A, LOT 2R, SITE PLAN. h. Approve a Resolution regarding the Gateway at Buddy Hayes, Block C, Lot 1R, Replat. (Director of Development Services Ross Altobelli) Multiple-family residences on one lot on 20.7± acres located on the east side of Buddy Hayes Boulevard, 1,220± feet south of W. White Street. Zoned: Planned Development (Ord. No. 1024-2022). The purpose for the Replat is to dedicate easements and lot and block boundaries necessary for the creation of a multiple-family residential development. The Replat is in conformance with the adopted Planned Development standards and with the city’s Subdivision Regulations and Zoning Ordinances. The Planning & Zoning Commission recommended approval subject to additions and/or alterations to the engineering plans as required by the Public Works Department. A RESOLUTION OF THE CITY OF ANNA, TEXAS APPROVING GATEWAY AT BUDDY HAYES, BLOCK C, LOT 1R, REPLAT. i. Approve a Resolution regarding the Gateway at Buddy Hayes, Block C, Lot 1R, Site Plan. (Director of Development Services Ross Altobelli) Multiple-family residences on one lot on 20.7± acres located on the east side of Buddy Hayes Boulevard, 1,200± feet south of W. White Street. Zoned: Planned Development (Ord. No. 1024-2022). The purpose of the Site Plan is to show the proposed multiple-family residential development site improvements. The Site Plan is in conformance with the adopted Planned Development standards and with the city’s Subdivision Regulations and Zoning Ordinances. The Planning & Zoning Commission recommended approval subject to additions and/or alterations to the engineering plans as required by the Public Works Department. A RESOLUTION OF THE CITY OF ANNA, TEXAS APPROVING GATEWAY AT BUDDY HAYES, BLOCK C, LOT 1R, SITE PLAN. j. Approve a Resolution regarding the Lorenzo Dow Hendricks Elementary Addition, Block A, Lot 1, Final Plat. (Director of Development Services Ross Altobelli) Vacant lot on 14.4± acres located at the northwest corner of Hackberry Drive and N. Ferguson Parkway. Zoned: Planned Development (Ord. No. 839-2019 & Ord. No. 887- 2020). The purpose for the Final Plat is to dedicate rights-of-way and lot and block boundaries for future development. The Final Plat is in conformance with the city’s Subdivision Regulations and Zoning Ordinances. The Planning and Zoning Commission recommended approval subject to additions and/or alterations to the engineering plans as required by the Public Works Department. A RESOLUTION OF THE CITY OF ANNA, TEXAS APPROVING A FINAL PLAT OF LORENZO DOW HENDRICKS ELEMENTARY ADDITION, BLOCK A, LOT 1. k. Approve a Resolution regarding the One Anna Two Addition, Block A, Lots 4R & 5, Preliminary Replat. (Director of Development Services Ross Altobelli) Hotel on Lot 4R and vacant lot on 12.0± acres located on the east side of Standridge Boulevard, 1,040± feet north of Suzie Lane. Zoned: Planned Development (Ord. No. 765-2018, Ord. No. 846-2020, & Ord. No. 1021- 2022). The purpose of the Preliminary Replat is to propose easements and lot and block boundaries necessary for the future construction of the hotel development. The Preliminary Replat is in conformance with the adopted Planned Development standards and with the city’s Subdivision Regulations and Zoning Ordinances. The Planning & Zoning Commission recommended approval subject to additions and/or alterations to the engineering plans as required by the Public Works Department. A RESOLUTION OF THE CITY OF ANNA, TEXAS APPROVING ONE ANNA TWO ADDITION, BLOCK A, LOTS 4R & 5, PRELIMINARY REPLAT. l. Approve a Resolution regarding the S.E. Jenkins Estates, Block A, Lot 1, Final Plat. (Director of Development Services Ross Altobelli) Single-family dwelling, detached lot on 0.6± acre located on the north side of E. White Street, 740± feet east of S. Sherley Avenue. Zoned: SF-1 Single- Family Residential (SF-1). The purpose for the Final Plat is to dedicate easements and lot and block boundaries necessary for future development. Sec. 9.02.081 of the city’s Subdivision Regulations require right-of-way dedication typically from the centerline of the existing right-of-way. However, the applicant has stated that TXDOT will not require right-of-way dedication on his property due to right-of-way takings along the south side of E. White Street which will exceed the minimum right-of-way width as shown on the city’s Master Thoroughfare Plan. The Final Plat is in conformance with the city’s Subdivision Regulations and Zoning Ordinances. The Planning & Zoning Commission recommended approval subject to: a. Additions and/or alterations to the engineering plans as required by the Public Works Department; and b. Prior to recordation of the Final Plat, correspondence from TXDOT releasing the applicant from right-of-way dedication requirements along E. White Street. A RESOLUTION OF THE CITY OF ANNA, TEXAS APPROVING S.E. JENKINS ESTATES, BLOCK A LOT 1, FINAL PLAT. m. Approve a Resolution regarding the Skyway Towers Addition, Block A, Lot 1, Development Plat. (Director of Development Services Ross Altobelli) One lot on 1.6± acres located on the west side of Keith Lane, 1,180± feet northwest of County Road 419. Located in the Extraterritorial Jurisdiction (ETJ). The Development Plat is in conformance with the city’s Subdivision Regulations. The Planning and Zoning Commission recommended approval. A RESOLUTION OF THE CITY OF ANNA, TEXAS APPROVING A DEVELOPMENT PLAT OF SKYWAY TOWERS ADDITION, BLOCK A, LOT 1. n. Approve a Resolution regarding the Zee Addition, Block A, Lot 1, Final Plat. (Director of Development Services Ross Altobelli) Single-family dwelling, detached lot on 0.2± acre located at the northwest corner of E. Seventh Street and S. Easton Drive. Zoned: SF-1 Single-Family Residential District. The purpose for the Final Plat is to dedicate lot and block boundaries, and easements necessary for future development. The Final Plat is recommended for approval. The Planning & Zoning Commission recommended approval subject to the Board of Adjustment granting a variance to allow a reduced front yard setback and approval of the plat for the existing conditions not meeting the minimum lot depth, lot area, and buildable area. A RESOLUTION OF THE CITY OF ANNA, TEXAS APPROVING ZEE ADDITION, BLOCK A, LOT 1, FINAL PLAT. o. Approve a Resolution regarding the Arden Park Phase 2, Final Plat. (Director of Development Services Ross Altobelli) 24 single-family dwellings, attached lots and 31 single-family dwellings, detached lots on 7.4± acres located on the west side of West Crossing Boulevard, 330± feet south of W. White Street. Zoned Planned Development (Ord. No. 961-2022 & Ord. No. 1009-2022). The purpose of the Final Plat is to dedicate rights-of-way, lot and block boundaries, and easements necessary for the single-family residential development. The Final Plat is in conformance with the adopted Planned Development standards and with the city’s Subdivision Regulations and Zoning Ordinances. The Planning & Zoning Commission recommended approval subject to additions and/or alterations to the engineering plans as required by the Public Works Department. A RESOLUTION OF THE CITY OF ANNA, TEXAS APPROVING ARDEN PARK PHASE 2, FINAL PLAT. p. Approve a Resolution regarding the Arden Park Phase 2, Site Plan. (Director of Development Services Ross Altobelli) 24 single-family dwellings, attached lots and 31 single-family dwellings, detached lots on 7.4± acres located on the west side of West Crossing Boulevard, 330± feet south of W. White Street. Zoned Planned Development (Ord. No. 961-2022 & Ord. No. 1009-2022). The purpose of the Final Plat is to dedicate rights-of-way, lot and block boundaries, and easements necessary for the single-family residential development. The Final Plat is in conformance with the adopted Planned Development standards and with the city’s Subdivision Regulations and Zoning Ordinances. The Planning & Zoning Commission recommended approval subject to additions and/or alterations to the engineering plans as required by the Public Works Department. A RESOLUTION OF THE CITY OF ANNA, TEXAS APPROVING ARDEN PARK PHASE 2, SITE PLAN. q. Approve a Resolution regarding an amendment to the Woods at Lindsey Place Development Agreement. (Director of Development Services Ross Altobelli) At the Tuesday, July 11, 2023 City Council meeting, the council recommended approving amendments to the multifamily building material requirements contained within the original Woods at Lindsey Place Development Agreement (Resolution 2020- 11-813A.). Based on feedback received from Council members, the applicant has updated Exhibit 1 to include additional elevations to further diversify the proposed "casita" building product. The original Development Agreement was approved on November 10, 2020 as part of the Woods at Lindsey Place master planned community. The current building material requirements for multiple-family residence buildings are for typical mid-rise multiple-family residence buildings. The applicant is proposing to construct a one and two-story "casita" product that will consist of individual units with one, two, and three bedrooms. A RESOLUTION OF THE CITY OF ANNA, TEXAS APPROVING A SECOND AMENDMENT TO DEVELOPMENT AGREEMENT AND TO THE WOODS AT LINDSEY PLACE SUBDIVISION IMPROVEMENT AGREEMENT WITH D.R. HORTON – TEXAS, LTD., RELATING TO DEVELOPMENT AND DESIGN REGULATIONS FOR MULTIUSE DEVELOPMENT LOCATED AT THE NORTHWEST AND SOUTHWEST CORNERS OF FUTURE ROSAMOND PARKWAY AND FUTURE FERGUSON PARKWAY. r. Approve a Resolution adopting a Chapter 380 Agreement with Megatel AnaCapri, LLC. (Director of Economic Development Joey Grisham) This item was approved at the June 27th Council Meeting but the developer requested that the entity name be changed. This resolution also rescinds the previous resolution. The projection is that the City will receive approximately $3,800,000 over the course of the agreement. As a part of the AnaCapri Development Agreement with Megatel, the company agreed to enter into a Chapter 380 Agreement with the city and purchase construction materials using a Texas Direct Payment Permit to generate local sales tax for the City of Anna. It will be divided up as follows: 65% to the city and 35% to the developer. Similar agreements have been approved in the past with Bloomfield Homes, First Texas Homes, and Riverside East Homebuilders. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS APPROVING A CHAPTER 380 AGREEMENT WITH MEGATEL ANACAPRI, LLC AND RESCINDING RESOLUTION NO. 2023-06-1459 s. Approve an Ordinance adopting the 2023 Annual Service Plan Update to the Service and Assessment Plan and Assessment Roll, including the collection for the 2023-2024 annual installments for the Hurricane Creek Public Improvement District (PID). (Director of Economic Development Joey Grisham) The Service and Assessment Plan (SAP) sets forth the costs of the Authorized Improvements, and the manner of assessing the property in the District for the costs of such Authorized Improvements based on the benefit provided to the Assessed Property. Pursuant to the PID Act, the SAP must be reviewed and updated annually. This document is the Annual Service Plan Update for 2023.The City Council also adopted an Assessment Roll identifying the Assessments on each Lot within the District, based on the method of assessment identified in the SAP. This 2023 Annual Service Plan Update also updates the Assessment Roll for 2023. AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS APPROVING THE 2023 ANNUAL SERVICE PLAN UPDATE TO THE SERVICE AND ASSESSMENT PLAN, INCLUDING THE ASSESSMENT ROLL, FOR THE VILLAGES OF HURRICANE CREEK PUBLIC IMPROVEMENT DISTRICT IN ACCORDANCE WITH CHAPTER 372, TEXAS LOCAL GOVERNMENT CODE, AS AMENDED; AND PROVIDING AN EFFECTIVE DATE. t. Approve a Resolution authorizing the City Manager to sign a proposal from Precision Fence to install 421 linear feet of 6ft wrought iron fence and two gates for the Police Department. (CIP Manager Justin Clay) The City of Anna has solicited bids for the installation and materials for a new fence that will surround the east parking lot of the Municipal Campus. Funding for the City Hall project (furniture, fixtures, and equipment) was appropriated in the FY2023 Community Investment Program budget in the amount of $460,000 from the Infrastructure Investment Fund. The estimated cost of the fencing is $70,000. A RESOLUTION OF THE CITY OF ANNA, TEXAS, AUTHORIZING THE CITY MANAGER TO EXECUTE AN AGREEMENT WITH PRECISION FENCING FOR THE POLICE STATION FENCE PROJECT, AS SHOWN IN EXHIBIT “A”, ATTACHED HERETO, IN AN AMOUNT NOT TO EXCEED SEVENTY THOUAND DOLLARS ($70,000), WHICH INCLUDES TEN THOUSAND SEVEN HUNDRED ($10,700) FOR CONTINGENCY AND PROVIDING FOR AN EFFECTIVE DATE. 6. Items For Individual Consideration. a. Consider/Discuss/Action on a Resolution entering into a Development Agreement with Anna 31 Retail, LP, to establish development timelines and design regulations for a self-storage, mini-warehouse development on 2.0± acres located 370± feet east of U.S. Highway 75, 510± feet south of W. White Street. (Director of Development Services Ross Altobelli) The intent of the development agreement is to ensure the use of high quality, durable materials for nonresidential and residential development within the City to create well designed and attractive architecture. Additionally, the development agreement includes development deadlines associated with the construction of the property. The development agreement is associated with a proposed zoning to allow for a self-storage, mini-warehouse development. MOTION: Council Member Baker moved to approve. Council Member Toten seconded. Motion carried 7-0. A RESOLUTION OF THE CITY OF ANNA, TEXAS APPROVING A DEVELOPMENT AGREEMENT WITH ANNA 31 RETAIL, LP, RELATING TO DEVELOPMENT AND DESIGN REGULATIONS FOR SELF- STORAGE, MINI-WAREHOUSE DEVELOPMENT GENERALLY LOCATED 370± FEET EAST OF U.S. HIGHWAY 75, 510± FEET SOUTH OF W. WHITE STREET. b. Conduct a Public Hearing/Consider/Discuss/Action on an Ordinance to rezone 2.0± acres located 370± feet east of U.S. Highway 75, 510± feet south of W. White Street from C-2 General Commercial to Planned Development-C-2 General Commercial to allow for the use of Self-Storage, mini-warehouse with modified development standards. (Director of Development Services Ross Altobelli) The applicant is requesting to allow this land use by-right and to permit truck leasing as an accessory use to a self-storage, mini-warehouse development. Surrounding Land Use and Zoning • North Truck stop (Love’s), zoned C-2 General Commercial District • East Vacant land, zoned C-2 General Commercial District. • South Future multi-family residence development, zoned Planned Development-Multiple-Family Residential-High Density (Ord. No. 972-2022). • West Multi-tenant commercial building, zoned C-2 General Commercial District Proposed Planned Development Stipulations The requested zoning is PD-C-2. There are two primary parts to this request: land use and development standards. Land Use - The applicant is proposing a Planned Development (PD) for the subject property to allow the land use of Self-storage, mini-ware house with Truck leasing as a permitted accessory use. Development Standards -The language in the proposed PD district will modify Planning and Development Regulations and current development standards by. Accessory Use – Allow Truck leasing as an accessory use to a self-storage, mini-warehouse development and limit the accessory use to a maximum of 10 trucks on site. Storage - Prohibit outside storage or boat/RV storage. Maximum Height – Increase allowed maximum height to 3 story/50 feet. The C-2 zoning district area regulations has a maximum height allowance of 35 feet. The requested increase will support the interior floor dimensions and to properly screen mechanical equipment that will be located on the roof. Parking - Reduce parking requirement to 1 space per 40 storage cubicles and require 10 spaces for truck leasing. Sec. 9.04.037 (Parking space regulations) of the Zoning Ordinance requires a minimum of 1 space per 20 storage cubicles plus 1 per 1,000 sf GFA of office and 2 per living quarters. Screening - Not require a wall or fence along the southern property boundary. The C-2 zoning requires a wall or fence of not less than six feet whenever a C-2 use abuts a multi-family residence zoning district. A future multi-family residence development will be located immediately to the south of the proposed development. Between the developments is a shared fire lane that will serve the purpose of east/west spine road between U.S. Highway 75 and future Buddy Hayes Boulevard. To improve the aesthetics the development is requesting to waive the fencing requirement and propose a 15-foot landscape buffer adjacent to the fire lane. Landscaping - Enhance the screening along the northern property boundary shared with the truck stop with the following. a. Minimum 6-foot wood fencing with masonry columns every 20 feet. b. Enhanced planting within the required 5-foot perimeter landscape area between the parking spaces and adjacent property to include: i. Evergreen trees, minimum three feet in height at planting, spaced every 20 feet; and ii. Canopy trees, minimum three inches in caliper and seven feet in height at planting, spaced every 40 feet. Hours of operation: Daily Building Hours: 6:00 A.M. – 10:00 P.M. (including holidays) At the Thursday, July 6, 2023 Planning and Zoning Commission meeting, the commission recommended approval subject to the restrictions listed below. Restrictions: A. The location of the planned development zoning district shall be in substantial conformance with the Concept Plan B. Standards and Area Regulations: Development must comply with the development standards for use, density, lot area, lot width, lot depth, yard depths and widths, building height, building elevations, coverage, floor area ratio, parking, access, screening, landscaping, accessory buildings, signs, and lighting, set forth in C-2 General Commercial district and the Planning and Development Regulations except as otherwise specified herein. i. Zoning District Area Regulations: 1. Maximum height (feet): 3 story / 50 feet ii. Permitted Uses: 1. All uses allowed by-right and by specific use permit in the C-2 General Commercial zoning districts with the following exceptions: a. Self-storage, mini-warehouse with Truck leasing as a permitted accessory use. Storage: Outside storage and/or boat/RV storage is prohibited. Screening: 1. No wall or fence shall be required along the southern property boundary. 2. Truck leasing vehicles are not required to be screened. Parking: Self-service warehouse - 1 per 40 storage cubicles and 10 spaces for truck leasing. Landscaping – Landscaping shall conform to City ordinances with the following exception along the northern property boundary within the required 5-foot perimeter landscape area between the parking spaces and adjacent property: 1. Evergreen trees, minimum three feet in height at planting, spaced every 20 feet; and 2. Canopy trees, minimum three inches in caliper and seven feet in height at planting, spaced every 40 feet. 3. A minimum 6-foot wood fencing with masonry columns every 20 feet. Hours of Operation: Daily Building Hours: 6:00 A.M. – 10:00 P.M. (including holidays). C. Plats and/or site plans submitted for the development of the PD shall conform to the data presented and approved on the Concept Plan. Non- substantial changes of detail on the final development plan(s) that differ from the Concept Plan may be authorized by the City Council with the approval of the final development plan(s) and without public hearing. D. The Concept Plan will expire after two (2) years of approval. Mayor Pike opened the public hearing at 6:10 PM. No comments. Mayor Pike closed the public hearing at 6:13 PM. MOTION: Council Member Toten moved to approve. Council Member Atchley seconded. Motion carried 7-0. AN ORDINANCE OF THE CITY OF ANNA, TEXAS AMENDING THE CITY’S COMPREHENSIVE PLAN, ZONING MAP, AND ZONING ORDINANCE AND CHANGING THE ZONING OF CERTAIN PROPERTY AS DESCRIBED HEREIN; PROVIDING FOR SAVINGS, REPEALING AND SEVERABILITY CLAUSES; PROVIDING FOR AN EFFECTIVE DATE; PROVIDING FOR A PENALTY CLAUSE NOT TO EXCEED $2,000 OR THE HIGHEST PENALTY AMOUNT ALLOWED BY LAW, WHICHEVER IS LESS; AND, PROVIDING FOR THE PUBLICATION OF THE CAPTION HEREOF. c. Consider/Discuss/Action on a Resolution regarding the Anna Retail Addition, Block A, Lot 9, Concept Plan. (Director of Development Services Ross Altobelli) Self-storage, mini-warehouse on one lot on 2.0± acres located 370± feet east of U.S. Highway 75, 510± feet south of W. White Street. The Planning & Zoning Commission recommended approval at the July 6, 2023 Planning & Zoning Commission meeting subject to City Council approval of the zoning request. MOTION: Mayor Pike moved to approve. Council Member Toten seconded. Motion carried 7-0. A RESOLUTION OF THE CITY OF ANNA, TEXAS APPROVING A CONCEPT PLAN FOR ANNA RETAIL ADDITION, BLOCK A, LOT 9. d. Conduct a Public Hearing/Consider/Discuss/Action on a Ordinance to request to rezone one lot on 3.0± acres located at the southeast corner of future Rosamond Parkway and N. Shadybrook Trail to allow for a Communications Tower. (Planning Manager Lauren Mecke) At the Thursday, July 6, 2023 Planning & Zoning Commission meeting, the Commission voted unanimously to recommend approval of the zoning amendment with the following restrictions. Restrictions: 1. The location of the commercial Radio, television, or microwave communications operation (commercial communications tower) shall be in substantial conformance with the Site Plan (Exhibit A). 2. Standards and Area Regulations: Development must comply with the development standards for use, density, lot area, lot width, lot depth, yard depths and widths, building height, building elevations, coverage, floor area ratio, parking, access, screening, landscaping, accessory buildings, signs, and lighting, set forth in the Planned Development (Ord. No. 931-2021) zoning district and the Planning and Development Regulations except as otherwise specified herein. a. Commercial Communications Towers: i. Maximum height: 90 feet including mast and antennas, measured from the ground. ii. Minimum front yard setback: 60 feet iii. Minimum setback from the southern property line: 20 feet iv. Minimum residential adjacency separation: 1. Tower: 140 feet 2. Accessory equipment: 80 feet v. Design: The commercial communication towers shall utilize a stealth design and screening elements in substantial conformance with the Site Plan. b. Landscaping: i. The existing stand of trees located to the east and south of the proposed commercial communication tower enclosure shall be preserved. ii. Landscaping and enclosure screening shall be in substantial conformance as shown on the Site Plan. Mayor Pike opened the public hearing at 6:28 PM. No comments. Mayor Pike closed the public hearing at 6:28 PM. MOTION: Council Member Carver moved to approve. Council Member Toten seconded. Motion carried 7-0. AN ORDINANCE OF THE CITY OF ANNA, TEXAS AMENDING THE CITY’S COMPREHENSIVE PLAN, ZONING MAP, AND ZONING ORDINANCE AND CHANGING THE ZONING OF CERTAIN PROPERTY AS DESCRIBED HEREIN; PROVIDING FOR SAVINGS, REPEALING AND SEVERABILITY CLAUSES; PROVIDING FOR AN EFFECTIVE DATE; PROVIDING FOR A PENALTY CLAUSE NOT TO EXCEED $2,000 OR THE HIGHEST PENALTY AMOUNT ALLOWED BY LAW, WHICHEVER IS LESS; AND, PROVIDING FOR THE PUBLICATION OF THE CAPTION HEREOF. (Property zoned under this ordinance is generally located at the southeast corner of future Rosamond Parkway and N. Shadybrook Trail.) e. Consider/Discuss/Action on a Resolution for the Villages of Hurricane Creek - North, Block K, Lot 7X, Site Plan. (Planning Manager Lauren Mecke) The purpose of the Site Plan is to show the proposed communications tower site improvements. The Planning and Zoning Commission recommended approval subject to additions and/or alterations to the engineering plans as required by the Public Works Department. MOTION: Mayor Pro Tem Miller moved to approve. Council Member Toten seconded. Motion carried 7-0. A RESOLUTION OF THE CITY OF ANNA, TEXAS APPROVING A SITE PLAN OF VILLAGES OF HURRICANE CREEK - NORTH, BLOCK K, LOT 7X. f. Conduct a Public Hearing/Consider/Discuss/Act on a Ordinance for Amendments to Article 9.07 Tree Preservation of The City of Anna Code of Ordinances, Text Amendment. (Director of Development Services Ross Altobelli) In order to remove conflicting language, simplify the development process, and add additional protections to meet the intent and purpose of the article, planning staff is recommending amendments to the Tree Preservation Ordinance. At the July 6, 2023 Planning & Zoning Commission meeting, the Commission recommended City Council approve the proposed amendments to Article 9.07 Tree Preservation of the City of Anna Code of Ordinances and associated Tree Appendices and Fee Schedule regulations as drafted by staff. Mayor Pike opened the public hearing at 6:30 PM. No comments. Mayor Pike closed the public hearing at 6:39 PM. MOTION: Council Member Toten moved to approve Item 7.f. [sic - motion pertained to item 6.f] with removing the section 9.07004, subsection three and four. Council Member Cain seconded. Motion carried 7-0. AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS REPEALING ARTICLE 9.07 (TREE PRESERVATION) OF CHAPTER 9 (PLANNING AND DEVELOPMENT REGULATIONS) OF THE ANNA CITY CODE OF ORDINANCES AND REPLACING SAID ARTICLE WITH A NEW ARTICLE 9.07 (TREE PRESERVATION) OF CHAPTER 9 (PLANNING AND DEVELOPMENT REGULATIONS) OF SAID CODE; AMENDING CERTAIN APPENDICES TO SAID ARTICLE; PROVIDING A PENALTY FOR VIOLATION OF THIS ORDINANCE IN ACCORDANCE WITH SAID CODE; PROVIDING FOR SAVINGS, REPEALING AND SEVERABILITY CLAUSES; PROVIDING FOR AN EFFECTIVE DATE; AND PROVIDING FOR THE PUBLICATION OF THE CAPTION HEREOF g. Conduct a Public Hearing/Consider/Discuss/Action on an Ordinance to amend zoning on one lot on 8.2± acres located at the northeast corner of W. 7th Street and S. Powell Parkway to allow for a proposed library and existing civic center uses with modified development standards. (Director of Development Services Ross Altobelli) The property’s current zoning, established in 2019 (Ord. No. 831-2019), is a Planned Development with the base zoning of CBRD Central Business Redevelopment District (CBRD). The request is to amend standards established as part of the 2019 zoning and current CBRD development standards to accommodate the construction of the new community library and existing municipal complex site improvements. A Planned Development (PD) district is intended to provide for combining and mixing of uses allowed in various districts with appropriate regulations and to permit flexibility in the use and design of land and buildings in situations where modification of specific provisions of this article is not contrary to its intent and purpose or significantly inconsistent with the planning on which it is based and will not be harmful to the community. A PD district may be used to permit new and innovative concepts in land utilization. While great flexibility is given to provide special restrictions which will allow development not otherwise permitted, procedures are established herein to insure against misuse of the increased flexibility. Proposed Planned Development Stipulations The language in the proposed PD district will modify existing PD standards and current development standards by: • Removing an existing PD stipulation requiring 25-foot landscape areas at intersection corners of two public streets. • Modify the CBRD height and front yard setback requirements. • Exempt the property from the 20-foot landscape setback requirement and 600 square foot landscape area requirement at the intersection of two dedicated streets. • Exempt the property from the signage regulations. The land use is not proposing to change on the property. The zoning amendment request modifies the existing zoning to accommodate the proposed library and existing municipal complex site improvements. At the Thursday, July 6, 2023 Planning & Zoning Commission meeting, the Commission voted unanimously to recommend approval of the zoning amendment with the following restrictions. Restrictions: A. The location of the planned development zoning district shall be in substantial conformance with the Concept Plan. B. Standards and Area Regulations: Development must comply with the development standards for use, density, lot area, lot width, lot depth, yard depths and widths, building height, building elevations, coverage, floor area ratio, parking, access, screening, landscaping, accessory buildings, signs, and lighting, set forth in the CBRD Central Business Redevelopment District (CBRD) zoning district and the Planning and Development Regulations except as modified per Ord. No. 831-2019 and as otherwise specified herein. (Additions are indicated in underlined text; deletions are indicated in strikethrough text.) i. Parking shall be 1 parking stall per 1,000 square feet, gross floor area. Parking may be shared between buildings on the same block. ii. For all nonresidential parcels at least 2% of the street yard shall be permanent landscape area. The street yard shall be defined as the area between the front property line and the minimum front setback line. iii. For all nonresidential parcels, there shall be required to plant one large tree per every 150 linear feet, or portion thereof, of street frontage. Trees may be grouped or clustered anywhere on the site to facilitate site design. iv. For all nonresidential parcels located at the intersection of two dedicated public streets (rights-of-way), 25-foot landscape areas shall be provided at the intersection corners within 3 years of a third building being constructed on the site. iv. Zoning District Area Regulations: 1. Maximum height (feet): 50 2. Front yard (feet): a. 5th Street and Riggins Street: 0 b. S. Powell Parkway: 40 c. 7th Street: 45 v. Landscaping shall conform to City ordinances with the following exceptions: 1. Exempt from the 20-foot landscape setback requirement along major thoroughfares. 2. Exempt from the 600 square foot landscape area at the intersection of two dedicated public streets. vi. Signage: The property shall be exempt from the signage regulations. C. Plats and/or site plans submitted for the development of the PD shall conform to the data presented and approved on the Conceptual Development plan. Non-substantial changes of detail on the final development plan(s) that differ from the Conceptual Development plan may be authorized by the City Council with the approval of the final development plan(s) and without public hearing. D. The Revised Site Plan will expire after two (2) years of approval. Mayor Pike opened the public hearing at 6:43 PM. No comments. Mayor Pike closed the public hearing at 6:43 PM. MOTION: Council Member Atchley moved to approve. Council Member Baker seconded. Motion carried 7-0. AN ORDINANCE OF THE CITY OF ANNA, TEXAS AMENDING THE CITY’S COMPREHENSIVE PLAN, ZONING MAP, AND ZONING ORDINANCE AND CHANGING THE ZONING OF CERTAIN PROPERTY AS DESCRIBED HEREIN; PROVIDING FOR SAVINGS, REPEALING AND SEVERABILITY CLAUSES; PROVIDING FOR AN EFFECTIVE DATE; PROVIDING FOR A PENALTY CLAUSE NOT TO EXCEED $2,000 OR THE HIGHEST PENALTY AMOUNT ALLOWED BY LAW, WHICHEVER IS LESS; AND, PROVIDING FOR THE PUBLICATION OF THE CAPTION HEREOF. (Property zoned under this ordinance is generally located at the northeast corner of W. 7th Street and S. Powell Parkway) h. Consider/Discuss/Action on a Resolution for Anna Municipal Complex Addition, Block A, Lot 1, Revised Site Plan. (Director of Development Services Ross Altobelli) Library and existing civic center uses on one lot on 8.2± acres located at the northeast corner of W. 7th Street and S. Powell Parkway. The Planning & Zoning Commission recommended approval of the Revised Site Plan at the July 6, 2023 Planning & Zoning Commission meeting subject to: a. City Council approval of the zoning request; and b. Subject to additions and/or alterations to the engineering plans as required by the Public Works Department. MOTION: Mayor Pike moved to approve. Mayor Pro Tem Miller seconded. Motion carried 7-0. A RESOLUTION OF THE CITY OF ANNA, TEXAS APPROVING ANNA MUNICIPAL COMPLEX ADDITION, BLOCK A, LOT 1, REVISED SITE PLAN. i. Conduct a Public Hearing/Consider/Discuss/Action on a Ordinance to request to rezone one lot on 0.4± acre located on the north side of Hackberry Drive, 320± feet east of N. Powell Parkway from SF-1 Single- Family Residential to C-1 Restricted Commercial to allow for a proposed general office use. (Planner II Salena Tittle) The applicant is requesting to rezone the property to the Restricted Commercial (C-1) zoning district to allow for general office use. The intent of the C-1 zoning district is to accommodate the shopping needs of residents in adjacent residential areas and where service establishments deal directly with customers. The Future Land Use Plan and Downtown Master Plan should not be viewed as a parcel-based map. The proposed zoning request involves the conversion of a former home to a small business which is in alignment of the Adaptive Reuse/Infill designation. The Planning & Zoning Commission recommended approval of the zoning request at the July 6, 2023 Planning & Zoning Commission meeting. Mayor Pike opened the public hearing at 6:44 PM. No Comments. Mayor Pike closed the public hearing at 6:46 PM. MOTION: Council Member Carver moved to approve. Council Member Baker seconded. Motion carried 7-0. AN ORDINANCE OF THE CITY OF ANNA, TEXAS AMENDING THE CITY’S COMPREHENSIVE PLAN, ZONING MAP, AND ZONING ORDINANCE AND CHANGING THE ZONING OF CERTAIN PROPERTY AS DESCRIBED HEREIN; PROVIDING FOR SAVINGS, REPEALING AND SEVERABILITY CLAUSES; PROVIDING FOR AN EFFECTIVE DATE; PROVIDING FOR A PENALTY CLAUSE NOT TO EXCEED $2,000 OR THE HIGHEST PENALTY AMOUNT ALLOWED BY LAW, WHICHEVER IS LESS; AND, PROVIDING FOR THE PUBLICATION OF THE CAPTION HEREOF. (Property rezoned under this ordinance is generally located on the north side of Hackberry Drive, 320± feet east of N. Powell Parkway) j. Consider/Discuss/Action on a Resolution for the J.A. Greer Addition, Block A, Lot 1, Site Plan. (Planner II Salena Tittle) General office on one lot on 0.4± acre located on the north side of Hackberry Drive, 320± feet east of N. Powell Parkway. The purpose of the Site Plan is to show the related site improvements associated with the proposed general office development. The Site Plan complies with the Planning and Development regulations as requested by the zoning case. The Planning & Zoning Commission recommended approval of the Site Plan at the July 6, 2023 Planning & Zoning Commission meeting subject to City Council approval of the zoning request. MOTION: Mayor Pro Tem Miller moved to approve. Council Member Cain seconded. Motion carried 7-0. A RESOLUTION OF THE CITY OF ANNA, TEXAS APPROVING J.A. GREER ADDITION, BLOCK A, LOT 1, SITE PLAN. k. Consider/Discuss/Action on a Resolution of the City Council of the City of Anna, Texas, finding that a public necessity exists for acquisition of a permanent water line easement providing limited rights on and under 0.017 acres of real property, more or less, and a temporary construction easement providing temporary limited rights on and under 0.001 acres of real property, more or less, as further described in Exhibit A of said resolution with said easements being part of tract of land recorded in Document No. 20110729000793490 of the Official Public Records of Collin County, Texas granted to Sueko Nakama Hoff; authorizing the City Manager, staff, contractors, and the city’s attorneys to acquire said easements by any lawful means, including but not limited to negotiations, and, if necessary, proceedings in eminent domain; providing an effective date. (Interim Assistant City Manager Greg Peters, P.E.) The City has a Capital Improvement Project to re-locate and expand water and sanitary sewer utilities in the SH5 corridor. TxDOT is seeking to widen SH5 to a 4-lane divided roadway, which requires this work to be completed in the very near future. The design plans for the utilities are complete, and the City has acquired the majority of the required easements for the project. This item is in regard to an easement which has not yet been acquired. It is important to note that TxDOT requires the City to relocate our water mains and sewer mains outside of their new right-of-way - which is the reason the City must acquire the easements where the new utilities will be located. TxDOT cannot construct SH5 until the City has relocated all of our utilities. Staff and our property acquisition team will continue to work to reach a reasonable negotiated settlement with the owners and acquire the easement. However, we want to make sure that the City Council has granted staff all options available, including condemnation. If approved, this item will authorize the City to negotiate with the landowner's agent for the purchase of the necessary water easement based on the appraised value of the property and in accordance with state law. Staff recommends approval of the resolution of the City Council of the City of Anna, Texas, finding that a public necessity exists for acquisition of a permanent water line easement providing limited rights on and under 0.066 acres of real property, more or less; authorizing the City Manager, staff, contractors, and the city’s attorneys to acquire said easements by any lawful means, including but not limited to negotiations, and, if necessary, proceedings in eminent domain; providing an effective date. MOTION: Mayor Pike moved that the City of Anna, Texas authorizes the use of the power of eminent domain to acquire an easement that is 0.066 acres of real property described in detail in the document labeled Exhibit "A" attached to the resolution for agenda item 6.k. of tonight’s Council meeting agenda and said easement being part of a tract of land located at the address of 2012 S. Powell Pkwy, Anna, Texas, 75409 in Collin County, Texas for a permanent water line easement and all related facilities and appurtenances. Mayor Pro Tem Miller seconded. Motion carried 7-0. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS, FINDING THAT A PUBLIC NECESSITY EXISTS FOR ACQUISITION OF A PERMANENT WATER LINE EASEMENT PROVIDING LIMITED RIGHTS ON AND UNDER 0.017 ACRES OF REAL PROPERTY, MORE OR LESS, AND A TEMPORARY CONSTRUCTION EASEMENT PROVIDING TEMPORARY LIMITED RIGHTS ON AND UNDER 0.001 ACRES OF REAL PROPERTY, MORE OR LESS; AUTHORIZING THE CITY MANAGER, STAFF, CONTRACTORS, AND THE CITY’S ATTORNEYS TO ACQUIRE SAID EASEMENTS BY ANY LAWFUL MEANS, INCLUDING BUT NOT LIMITED TO NEGOTIATIONS, AND, IF NECESSARY, PROCEEDINGS IN EMINENT DOMAIN; PROVIDING AN EFFECTIVE DATE. l. Consider/Discuss/Action on a Resolution of the City Council of the City of Anna, Texas, finding that a public necessity exists for acquisition of a permanent water line easement providing limited rights on and under 0.066 acres of real property, more or less, as further described in Exhibit A of said resolution with said easement being part of a tract of land located at the address of 2012 S. Powell Pkwy, Anna, Texas, 75409 in Collin County, Texas; authorizing the City Manager, staff, contractors, and the city’s attorneys to acquire said easements by any lawful means, including but not limited to negotiations, and, if necessary, proceedings in eminent domain; providing an effective date. (Interim Assistant City Manager Greg Peters, P.E.) The City has a Capital Improvement Project to re-locate and expand water and sanitary sewer utilities in the SH5 corridor. TxDOT is seeking to widen SH5 to a 4-lane divided roadway, which requires this work to be completed in the very near future. The design plans for the utilities are complete, and the City has acquired the majority of the required easements for the project. This item is in regard to an easement which has not yet been acquired. It is important to note that TxDOT requires the City to relocate our water mains and sewer mains outside of their new right-of-way - which is the reason the City must acquire the easements where the new utilities will be located. TxDOT cannot construct SH5 until the City has relocated all of our utilities. Staff and our property acquisition team will continue to work to reach a reasonable negotiated settlement with the owners and acquire the easement. However, we want to make sure that the City Council has granted staff all options available, including condemnation. If approved, this item will authorize the City to negotiate with the landowner's agent for the purchase of the necessary water easement based on the appraised value of the property and in accordance with state law. Staff recommends approval of the resolution of the City Council of the City of Anna, Texas, finding that a public necessity exists for acquisition of a permanent water line easement providing limited rights on and under 0.100 acres of real property, more or less; authorizing the City Manager, staff, contractors, and the city’s attorneys to acquire said easements by any lawful means, including but not limited to negotiations, and, if necessary, proceedings in eminent domain; providing an effective date. MOTION: Council Member Atchley moved that the City of Anna, Texas authorizes the use of the power of eminent domain to acquire an easement that is 0.0100 acres of real property described in detail in the document labeled Exhibit "A" attached to the resolution for agenda item 6.l. of tonight’s Council meeting agenda and being part of tract of land recorded in Document No. 20181221001551200 of the Official Public Records of Collin County, Texas granted to Steve Malampy and Susan Malampy for a permanent water line easement and all related facilities and appurtenances. Council Member Baker seconded. Motion carried 7-0. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS, FINDING THAT A PUBLIC NECESSITY EXISTS FOR ACQUISITION OF A PERMANENT WATER LINE EASEMENT PROVIDING LIMITED RIGHTS ON AND UNDER 0.066 ACRES OF REAL PROPERTY, MORE OR LESS; AUTHORIZING THE CITY MANAGER, STAFF, CONTRACTORS, AND THE CITY’S ATTORNEYS TO ACQUIRE SAID EASEMENTS BY ANY LAWFUL MEANS, INCLUDING BUT NOT LIMITED TO NEGOTIATIONS, AND, IF NECESSARY, PROCEEDINGS IN EMINENT DOMAIN; PROVIDING AN EFFECTIVE DATE. m. Consider/Discuss/Action on a Resolution of the City Council of the City of Anna, Texas, finding that a public necessity exists for acquisition of a permanent water line easement providing limited rights on and under 0.100 acres of real property, more or less, as further described in Exhibit A of said resolution with said easement being part of tract of land recorded in Document No. 20181221001551200 of the Official Public Records of Collin County, Texas granted to Steve Malampy and Susan Malampy; authorizing the City Manager, staff, contractors, and the city’s attorneys to acquire said easements by any lawful means, including but not limited to negotiations, and, if necessary, proceedings in eminent domain; providing an effective date. (Interim Assistant City Manager Greg Peters, P.E.) The City has a Capital Improvement Project to re-locate and expand water and sanitary sewer utilities in the SH5 corridor. TxDOT is seeking to widen SH5 to a 4-lane divided roadway, which requires this work to be completed in the very near future. The design plans for the utilities are complete, and the City has acquired the majority of the required easements for the project. This item is in regard to an easement which has not yet been acquired. It is important to note that TxDOT requires the City to relocate our water mains and sewer mains outside of their new right-of-way - which is the reason the City must acquire the easements where the new utilities will be located. TxDOT cannot construct SH5 until the City has relocated all of our utilities. Staff and our property acquisition team will continue to work to reach a reasonable negotiated settlement with the owners and acquire the easement. However, we want to make sure that the City Council has granted staff all options available, including condemnation. If approved, this item will authorize the City to negotiate with the landowner's agent for the purchase of the necessary water easement based on the appraised value of the property and in accordance with state law. Staff recommends approval of the resolution of the City Council of the City of Anna, Texas, finding that a public necessity exists for acquisition of a permanent water line easement providing limited rights on and under 0.100 acres of real property, more or less; authorizing the City Manager, staff, contractors, and the city’s attorneys to acquire said easements by any lawful means, including but not limited to negotiations, and, if necessary, proceedings in eminent domain; providing an effective date. MOTION: Mayor Pro Tem Miller moved that the City of Anna, Texas authorizes the use of the power of eminent domain to acquire an easement that is 0.0100 acres of real property described in detail in the document labeled Exhibit "A" attached to the resolution for agenda item 6.n. of tonight’s Council meeting agenda and being part of tract of land recorded in Document No. 20181221001551200 of the Official Public Records of Collin County, Texas granted to Steve Malampy and Susan Malampy for a permanent water line easement and all related facilities and appurtenances. . Council Member Carver seconded. Motion carried 7-0. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS, FINDING THAT A PUBLIC NECESSITY EXISTS FOR ACQUISITION OF A PERMANENT WATER LINE EASEMENT PROVIDING LIMITED RIGHTS ON AND UNDER 0.100 ACRES OF REAL PROPERTY, MORE OR LESS; AUTHORIZING THE CITY MANAGER, STAFF, CONTRACTORS, AND THE CITY’S ATTORNEYS TO ACQUIRE SAID EASEMENTS BY ANY LAWFUL MEANS, INCLUDING BUT NOT LIMITED TO NEGOTIATIONS, AND, IF NECESSARY, PROCEEDINGS IN EMINENT DOMAIN; PROVIDING AN EFFECTIVE DATE. n. Consider/Discuss/Action on a Resolution of the City Council of the City of Anna, Texas, finding that a public necessity exists for acquisition of a permanent water line easement providing limited rights on and under 0.430 acres of real property, more or less, said easement being part of tract of land recorded in Document No. 20180427000512810 of the Official Public Records of Collin County, Texas granted to Destination Friendship, LLC, a Louisiana limited liability company; authorizing the City Manager, staff, contractors, and the city’s attorneys to acquire said easements by any lawful means, including but not limited to negotiations, and, if necessary, proceedings in eminent domain; providing an effective date. (Interim Assistant City Manager Greg Peters, P.E.) The City has a Capital Improvement Project to re-locate and expand water and sanitary sewer utilities in the SH5 corridor. TxDOT is seeking to widen SH5 to a 4-lane divided roadway, which requires this work to be completed in the very near future. The design plans for the utilities are complete, and the City has acquired the majority of the required easements for the project. This item is in regard to an easement which has not yet been acquired. It is important to note that TxDOT requires the City to relocate our water mains and sewer mains outside of their new right-of-way - which is the reason the City must acquire the easements where the new utilities will be located. TxDOT cannot construct SH5 until the City has relocated all of our utilities. Staff and our property acquisition team will continue to work to reach a reasonable negotiated settlement with the owners and acquire the easement. However, we want to make sure that the City Council has granted staff all options available, including condemnation. If approved, this item will authorize the City to negotiate with the landowner's agent for the purchase of the necessary water easement based on the appraised value of the property and in accordance with state law. Staff recommends approval of the resolution of the City Council of the City of Anna, Texas, finding that a public necessity exists for acquisition of a permanent water line easement providing limited rights on and under 0.430 acres of real property, more or less; authorizing the City Manager, staff, contractors, and the city’s attorneys to acquire said easements by any lawful means, including but not limited to negotiations, and, if necessary, proceedings in eminent domain; providing an effective date. MOTION: Mayor Pro Tem Miller moved that the City of Anna, Texas authorizes the use of the power of eminent domain to acquire an easement that is 0.430 acres of real property described in detail in the document labeled Exhibit "A" attached to the resolution for agenda item 6.o. of tonight’s Council meeting agenda said easement being part of tract of land recorded in Document No. 20180427000512810 of the Official Public Records of Collin County, Texas granted to Destination Friendship, LLC, a Louisiana limited liability company for a permanent water line easement and all related facilities and appurtenances. Mayor Pike seconded. Motion carried 7-0. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS, FINDING THAT A PUBLIC NECESSITY EXISTS FOR ACQUISITION OF A PERMANENT WATER LINE EASEMENT PROVIDING LIMITED RIGHTS ON AND UNDER 0.430 ACRES OF REAL PROPERTY, MORE OR LESS; AUTHORIZING THE CITY MANAGER, STAFF, CONTRACTORS, AND THE CITY’S ATTORNEYS TO ACQUIRE SAID EASEMENTS BY ANY LAWFUL MEANS, INCLUDING BUT NOT LIMITED TO NEGOTIATIONS, AND, IF NECESSARY, PROCEEDINGS IN EMINENT DOMAIN; PROVIDING AN EFFECTIVE DATE. o. Consider/Discuss/Action on a Resolution of the City Council of the City of Anna, Texas, finding that a public necessity exists for acquisition of a permanent water line easement providing limited rights on and under 0.168 acres of real property, more or less, said easement being part of tract of land recorded in Document No. 20190313000263910 of the Official Public Records of Collin County, Texas granted to J. Clayton Kennedy, Trustee of the Kennedy 2012 Investment Trust; authorizing the City Manager, staff, contractors, and the city’s attorneys to acquire said easements by any lawful means, including but not limited to negotiations, and, if necessary, proceedings in eminent domain; providing an effective date. (Interim Assistant City Manager Greg Peters, P.E.) The City has a Capital Improvement Project to re-locate and expand water and sanitary sewer utilities in the SH5 corridor. TxDOT is seeking to widen SH5 to a 4-lane divided roadway, which requires this work to be completed in the very near future. The design plans for the utilities are complete, and the City has acquired the majority of the required easements for the project. This item is in regard to an easement which has not yet been acquired. It is important to note that TxDOT requires the City to relocate our water mains and sewer mains outside of their new right-of-way - which is the reason the City must acquire the easements where the new utilities will be located. TxDOT cannot construct SH5 until the City has relocated all of our utilities. Staff and our property acquisition team will continue to work to reach a reasonable negotiated settlement with the owners and acquire the easement. However, we want to make sure that the City Council has granted staff all options available, including condemnation. If approved, this item will authorize the City to negotiate with the landowner's agent for the purchase of the necessary water easement based on the appraised value of the property and in accordance with state law. Staff recommends approval of the resolution of the City Council of the City of Anna, Texas, finding that a public necessity exists for acquisition of a permanent water line easement providing limited rights on and under 0.168 acres of real property, more or less; authorizing the City Manager, staff, contractors, and the city’s attorneys to acquire said easements by any lawful means, including but not limited to negotiations, and, if necessary, proceedings in eminent domain; providing an effective date. MOTION: Mayor Pike moved that the City of Anna, Texas authorizes the use of the power of eminent domain to acquire an easement that is 0.168 acres of real property described in detail in the document labeled Exhibit "A" attached to the resolution for agenda item 6.o. of tonight’s Council meeting agenda with said easements being part of tract of land recorded in Document No. 20190313000263910 of the Official Public Records of Collin County, Texas granted to J. Clayton Kennedy, Trustee of the Kennedy 2012 Investment Trust for a permanent water line easement and all related facilities and appurtenances. Mayor Pro Tem Miller seconded. Motion carried 7-0. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS, FINDING THAT A PUBLIC NECESSITY EXISTS FOR ACQUISITION OF A PERMANENT WATER LINE EASEMENT PROVIDING LIMITED RIGHTS ON AND UNDER 0.168 ACRES OF REAL PROPERTY, MORE OR LESS; AUTHORIZING THE CITY MANAGER, STAFF, CONTRACTORS, AND THE CITY’S ATTORNEYS TO ACQUIRE SAID EASEMENTS BY ANY LAWFUL MEANS, INCLUDING BUT NOT LIMITED TO NEGOTIATIONS, AND, IF NECESSARY, PROCEEDINGS IN EMINENT DOMAIN; PROVIDING AN EFFECTIVE DATE. p. Consider/Discuss/Action on a Resolution authorizing the City Manager to execute a contract with Garney Companies, Incorporated, for Construction Manager At Risk Services for the Hurricane Creek Regional Wastewater Treatment Plant Facility. (Interim Assistant City Manager Greg Peters, P.E.) The City of Anna is seeking to construct a regional wastewater treatment facility in the southwest portion of the City of Anna Extraterritorial Jurisdiction. The facility will serve the west side of Anna and the communities of Weston and Van Alstyne, which will be entering into contracts with the City of Anna to provide wastewater treatment. The City received a discharge permit for the project from the Texas Commission on Environmental Quality (TCEQ) earlier this year. Site construction has begun on the project, including site grading, vegetation removal, and construction of a temporary construction road. The City of Anna publicly advertised a request for proposals for Construction Manager at Risk services (CMAR) for the construction of the Hurricane Creek Regional Wastewater Treatment Plant. Proposals were received and opened on June 29, 2023. Three proposals were received. The lowest qualified submittal was received from Garney Companies, Incorporated. This item is to award the CMAR contract to Garney Companies, Inc. and to authorize the City Manager to execute a contract in a form approved by the City Attorney. Funding for the Hurricane Creek Regional Wastewater Treatment Plant project was appropriated in the FY2023 Community Investment Program budget for a total project cost of $80.0 million. Revenue Bonds were issued in September 2023 in the amount of $65.0 million. The balance of any needed funds will come from other sources as needed. The estimated cost of CMAR proposal is $12.4 million. MOTION: Council Member Baker moved to approve. Council Member Toten seconded. Motion carried 7-0. A RESOLUTION OF THE CITY OF ANNA, TEXAS AWARDING THE CONSTRUCTION MANAGER AT RISK CONTRACT FOR THE HURRICANE CREEK REGIONAL WASTEWATER TREATMENT PLANT TO GARNEY COMPANIES, INCORPORATED; AUTHORIZING THE CITY MANAGER TO EXECUTE A CONTRACT FOR CONSTRUCTION MANAGER AT RISK SERVICES FOR THE PROJECT IN A FORM APPROVED BY THE CITY ATTORNEY; AND PROVIDING FOR AN EFFECTIVE DATE. 7. Closed Session (Exceptions). Under Tex. Gov't Code Chapter 551, the City Council may enter into Closed Session to discuss any items listed or referenced on this Agenda under the following exceptions: a. Consult with legal counsel regarding pending or contemplated litigation and/or 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). Zoning and Related Ordinances. City Regulations. b. Discuss or deliberate the purchase, exchange, lease, or value of real property (Tex. Gov’t Code §551.072). c. Discuss or deliberate Economic Development Negotiations: (1) To discuss or deliberate regarding commercial or financial information that the City has received from a business prospect that the City seeks to have locate, stay, or expand in or near the territory of the City of Anna and with which the City 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). d. Discuss or deliberate personnel matters (Tex. Gov’t Code §551.074). MOTION: Mayor Pro Tem Miller moved to enter closed session. Mayor Pike seconded. Motion carried 7-0. Mayor Pike recessed the meeting at 7:05 PM. Mayor Pike reconvened the meeting at 7:30 PM. 8. Consider/Discuss/Action on any items listed on any agenda - work session, regular meeting, or closed session - that is duly posted by the City of Anna for any City Council meeting occurring on the same date as the meeting noticed in this agenda. No action taken. 9. Adjourn. Mayor Pike adjourned the meeting at 7:30 PM. Approved on the 8th day of August 2023 ________________________________ ATTEST: Mayor Nate Pike ________________________________ City Secretary Carrie L. Land Item No. 6.b. City Council Agenda Staff Report Meeting Date: 8/8/2023 Staff Contact: AGENDA ITEM: Review Minutes of the June 1, 2023, Joint Community Development Corporation and Economic Development Corporation Board Meetings. (Director of Economic Development Joey Grisham) SUMMARY: FINANCIAL IMPACT: BACKGROUND: STRATEGIC CONNECTIONS: ATTACHMENTS: 1. June 1 2023 CDC EDC Joint Meeting Mintues_Signed Item No. 6.c. City Council Agenda Staff Report Meeting Date: 8/8/2023 Staff Contact: Lauren Mecke AGENDA ITEM: Approve Amendments to Article 9.07 Tree Preservation of The City of Anna Code of Ordinances. (Planning Manager Lauren Mecke) SUMMARY: At the July 25, 2023 City Council meeting, the Council held a public hearing, considered, discussed and acted on an Ordinance repealing and replacing Article 9.07 Tree Preservation. The discussion primarily focused on eliminating tree removal permit applications and mitigation requirements for existing single-family or duplex homes and construction of a single-family or duplex residence on a single lot (not part of a larger subdivision). While staff was amending the text in accordance with the motion for approval, it was discovered that the motion removed the wrong subsection, additional sections needed to be amended to enact the intent of the motion, and a previous version of the fee schedule was included in the text. Reference incorrectly identified Prior to the Council's motion and approval, staff provided a reference to a previous version of the text rather than the exhibit attached to the Council agenda packet. In removing subsections 3 and 4 of Sec. 9.07.004 (Standards for Tree Removal), it unintentionally removed "construction of a nonresidential development" rather than construction of a single-family or duplex residence on a single lot (not part of a larger subdivision). The attached exhibit corrects Article 9.07 (Tree Preservation) by removing and adding text to exempt existing single-family or duplex homes and construction of single-family or duplex residences on a single lot (not part of a larger subdivision) from permit and mitigation requirements and reinstating the requirements for construction of a nonresidential development. Fee Schedule In the exhibit provided at the July 25th meeting, the incorrect fee schedule was included. The updated fee schedule recommended by the Planning & Zoning Commission is in the attached exhibit. Approval of this agenda item will rectify these errors and approve a corrected Ordinance for implementation in line with the intent of the City Council's action taken at the July 25, 2023 meeting. FINANCIAL IMPACT: This item has no financial impact. BACKGROUND: The corrections made by this ordinance meet the intention of the motion made during the July 25, 2023 City Council meeting and include the correct version of the fee mitigation schedule that was recommended for approval by the Planning & Zoning Commission. STRATEGIC CONNECTIONS: This item supports the City of Anna Strategic Plan, specifically advancing the strategic outcome area: Excellent and Unique. ATTACHMENTS: 1. Ordinance (Amendments) Tree Preservation 2. Exhibit A (Amendments) Tree Preservation Ordinance CITY OF ANNA, TEXAS ORDINANCE NO AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS AMENDING ORDINANCE NO. 1063-2023-07 REGARDING TREE PRESERVATION REGULATIONS WHEREAS, on July 25, 2023 at a duly noticed public meeting, the City of Anna City Council (the “City Council”) amended the City’s Tree Preservation regulations; and WHEREAS, the new regulations contained provisions requiring clarification and the City Council desires to provide such clarification by adoption of this ordinance; and NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS: Section 1. Recitals Incorporated. The recitals above are incorporated herein as if set forth in full for all purposes. Section 2. Amending Ordinance No. 1063-2023-07 setting forth a new Article 9.07 (Tree Preservation) to Chapter 9 (Planning and Development Regulations) of the Anna Code This section amends Ordinance No. 1063-2023-07 as well as Chapter 9 (Planning and Development Regulations) of the Anna Code, by adding a new Article 9.07 (Tree Preservation), as set forth in the attached Exhibit A. The document attached to Ordinance No. 1063-2023-07 labeled Exhibit A is hereby replaced in its entirety by the document attached to this ordinance labeled Exhibit A. The above amendment is the only amendment made by this ordinance to Ordinance No. 1063-2023-07 and the remaining provisions of Ordinance No. 1063-2023-07 remain in full force and effect. Section 3. Savings, Severability and Repealing Clauses. All ordinances of the City in conflict with the provisions of this ordinance are repealed to the extent of that conflict. Cross-references in other parts, articles or sections of the Anna Code which make reference to previous enactments carrying the same designation as any section amended by this ordinance shall be construed as referencing whichever currently effective provision best preserves the original intent and effect of the cross- reference. If any provision of this ordinance shall be held to be invalid or unconstitutional, the remainder of such ordinance shall continue in full force and effect the same as if such invalid or unconstitutional provision had never been a part hereof. The City declares that it would have passed this ordinance, and each section, subsection, clause, or phrase thereof irrespective of the fact that any one or more sections, subsections, sentences, clauses, and phrases be declared unconstitutional or invalid. Section 4. Publication of the Caption Hereof and Effective Date. This ordinance shall be in full force and effective from and after its passage and upon the posting and/or publication of its caption as may be required by law, and the City Secretary is hereby directed to implement such posting and/or publication. PASSED by the City Council of the City of Anna, Texas, this 8th day of August, 2023. ATTESTED: APPROVED: City Secretary, Carrie L. Land Mayor, Nate Pike Page 1I 21 EXHIBIT A Art. 9.07 (TREE PRESERVATION) Sec. 9.07.001 Purpose. The terms and provisions of this article are intended to accomplish the following public purposes: (1) To encourage preservation and protection of existing protected quality trees or specimen trees and/or trees of historic value through incentives and penalties. (2) To encourage ecological stabilization through urban forest management that contributes to the processes of air purification, oxygen regeneration, groundwater recharge, and storm water runoff retardation; and promote energy efficiency and water conservation through tree preservation and cultivation, thereby abating noise, heat, and glare. (3) To acknowledge that trees and landscaping add value to property and protect public and private investments to the general benefit of the city and its residents. (4) To define reasonable protective measures required to preserve the protected quality tree and specimen tree population. (5) To protect healthy protected quality trees and specimen trees and promote the natural ecological, environmental, and existing aesthetic qualities of the city.To preserve and promote the appearance and rural heritage of the city. (6) To protect and preserve native and specimen vegetative species, their ecosystems and natural habitats, and prevent damage to and unnecessary removal of vegetation during the land development and construction processes. Page 2I 21 (7) To prohibit indiscriminate clear-cutting. Sec. 9.07.002 Administration. Provisions of this article shall be administered by the landscape administrator or designee. (1) Tree removal permit applications. The landscape administrator shall grant a tree removal permit provided the requirements of this article are met. (2) Grievances. An applicant aggrieved by a decision of the landscape administrator may appeal the decision to the board of adjustment for an interpretation. (3) Waivers. An application for a waiver to the terms of the tree preservation section may be made. The application for a waiver shall be reviewed by the tree board, and a recommendation for approval or denial shall be forwarded to the city council. The decision of the city council shall be final. No public hearing shall be required. The tree board and city council shall consider the following factors in determining whether a waiver should be granted: (a) The literal enforcement cannot be accomplished; (b) The extent to which the application meets other standards of this article; (c) The positive and negative impact of the proposed project on surrounding properties; and (d) The extent to which the waiver would be mitigated by other proposed or existing landscaping. (4) Non-substantive changes. The landscape administrator shall be authorized to work with owners, developers, and builders to make non-substantive changes, within the scope of this article, to plans, permits and other requirements after approval by staff, city council or the tree board, as appropriate. These changes are intended to provide the greatest reasonable protection toward achieving the purposes of this article. Sec. 9.07.003 Tree removal application. (1) Applicability. (a) A tree removal application must be applied for: (i) Prior to the critical alteration of one or more protected quality trees and/or specimen trees on any site where the removal of these trees is not related to Page 3I 21 a construction project which requires issuance of a development permit. This shall not include alteration of trees as exempted by this article. (ii) Prior to any building, paving, grading, or construction of a single -family or duplex residential subdivision or associated public improvement, a tree removal application shall be submitted concurrent with a preliminary or final plat, whichever plat is submitted initially. A development permit shall not be issued prior to issuance of a tree removal per mit. A tree removal application and permit shall not be required prior to construction of a subdivision or public improvements if an application for a preliminary plat or final plat has been filed prior to the effective date of this article. (iii) Prior to any paving, grading, or construction of any nonresidential and/or multiple-family residence development, a tree removal application shall be submitted concurrent with a detailed preliminary site plan or site plan (if a preliminary site plan is not required). A development permit shall not be issued prior to issuance of a tree removal permit. A tree removal application and permit shall not be required prior to construction of such a building if an application for a site plan has been filed prior to the effective date of this article. (iv) Authorization to critically alter trees on a site for which a tree removal application is required shall be limited to those trees identified and approved for critical alteration as shown on documentation submitted for the application. (b) Tree removal permit period; nature of permit. (i) Upon approval of a tree removal application, a tree removal permit shall be valid for the period of the preliminary site plan, site plan, building permit's validity, or a maximum of two years, whichever is less. For projects not related to a construction project which requires issuance of a building permit or development permit the permit shall be void after 180 days. (ii) Upon and after expiration of a tree removal permit, such expired permit may not be deemed to be a "permit" in connection with Texas Local Government Code section 245.001 et seq. or any other statute or law conferring vested rights for development. Any permit issued under this article does not create a property right in the permittee. (c) Exceptions/Exemptions. A tree removal application shall be submitted to and approved Page 4I 21 by the landscape administrator before critically altering any protected quality tree or specimen trees, except under any of the following circumstances: (i) The tree endangers the public health, welfare or safety and immediate alteration is required; (ii) The tree has disrupted a public utility service due to a tornado, storm, flood or other act of God. Critical alteration shall be limited to the portion of the tree reasonably necessary to reestablish or maintain reliable utility service; (iii) The tree is located on the property of a licensed plant or tree nursery which has trees planted and growing on the premises for the sale or intended sale to the general public in the ordinary course of the nursery's business; (iv) The tree is part of an orchard; (v) The tree is dead, unless the tree was required under a landscape plan or was a required replacement tree. (vi) Construction of utilities or public infrastructure on municipal and/or public domain property, or whenever conducted by city personnel; (vii) The area of the request is located within the Downtown Core as established in the Anna 2050 Downtown Master Plan ; or (viii) The tree is expressly exempt from the requirements of this article. (2) Submittal and Review. The landscape administrator shall establish administrative procedures, forms, and standards with regard to the content, format, graphics and number of copies of information constituting an application for a tree removal permit for clarity and consistency of operations. The published procedures, forms, and standards will have the force of ordinance as if fully incorporated herein. A tree removal application for a tree removal permit shall include these required documents: (a) Completed application form; (b) A Tree Preservation Plan checklist; (c) A tree preservation plan at the same scale as the preliminary site plan, site plan, preliminary plat, or final plat. The tree preservation plan shall include the following Page 5I 21 information in addition to information identified on the Tree Preservation checklist: (i) Name and phone number of the person who prepared the survey; (ii) Property lines with dimensions; (iii) Engineering scale (same scale as the preliminary site plan, site plan or preliminary plat); (iv) Aerial photograph with a transparent plan of the development at the same scale as the photography; (v) Location of all rights-of-way and easements (existing and proposed); (vi) Along each of the property boundaries identify and dimension a ten (10) foot zone within the property; (vii) Drainage and detention easement limits (viii) For nonresidential, Planned Developments, and multiple -family residence developments the location of all buildings, structures, pools, parking and vehicular maneuvering area, utilities, sidewalks, and other improvements (existing and proposed); (ix) For Single-family and duplex residential developments identify individual lot lines, building pads, driveways, hike/bike/equestrian trails, public improvements, utility lines and associated easements; (x) Location of FEMA 100-year floodplain, NRCS lake tree preservation zone, or erosion hazard setback zone and all protected quality trees (6" and greater) and specimen trees (24" and greater) within these areas; (xi) Identification/location of any protected quality tree 6 inches or greater DBH; (xii) Identification/location of any specimen trees 24 inches or greater DBH; (xiii) Identification/location of any tree 18 inches or greater DBH within ten (10 foot) zone of any property boundary; (xiv) Any non-disturbance area or proposed exemption area; 1. Non-disturbance areas. The landscape administrator may approve a non-disturbance area to be designated on the tree preservation plan. The non-disturbance area is an area in which no construction will occur. Protected quality trees and/or specimen trees within the non- disturbance area are not required to be individually identified unless Page 6I 21 they will be used as credits. 2. Proposed exemption area. The landscape administrator may approve a proposed exemption area to be designated on the tree preservation plan. The proposed exemption area corresponds to areas of the site specifically exempted from tree replacement and protection requirements of this article. Protected quality trees and/or specimen trees within the proposed exemption area are not required to be individually identified on the tree preservation plan unless they will be used as credits. (xv) A table containing all the identified trees along with the following information: 1. Tag number; 2. The common and botanical name; 3. Caliper size; 4. Condition; 5. If the tree is to remain or be removed; 6. For trees removed that require mitigation, list the caliper inches to be mitigated of each tree and a total in caliper inches to be mitigated; and 7. For trees being preserved as credits, list the caliper inches to be credited for each tree and a total in caliper inches to be credited. (d) Alternative tree preservation plan requirements: (i) Tree Sampling. For property containing large, heavily wooded areas, the landscape administrator may, in lieu of a tree preservation plan, authorize the submittal of an alternative tree preservation plan identifying the tree canopy, tree sampling sites, non-disturbance areas and proposed exemption areas where no trees will be critically altered. All other areas shall show the tree canopy and tree sample sites prior to any grading or construction. For every whole acre of tree canopy, there shall be at least two sample sites approximately 75 feet in diameter. (ii) Affidavit of no protected quality trees and/or specimen trees. If a property contains no protected quality tree species and/or specimen trees, the applicant may submit an affidavit of no protected quality trees/specimen Page 7I 21 trees in lieu of a tree preservation plan. This affidavit shall act in lieu of a tree preservation plan upon a determination by the landscape administrator that no protected quality trees and/or specimen trees exist on the site. After the expiration of 10 business days after the submittal, the affidavit shall satisfy the requirements of this article, unless within said ten business days the affidavit is denied by the landscape administrator due to a determination that the property contains protected quality trees and/or specimen trees or the trees on the site cannot be aff irmatively identified by the landscape administrator. (3) Tree Removal Application Fee. At the time a tree removal permit application is submitted, an applicant shall pay a fee to the city in the amount specified by the city council in a fee schedule. The following shall be exempt from payment of the tree removal permit fees: (a) City of Anna. When critically altering any protected quality tree and/or specimen tree not exempt from tree removal permit requirements, the city is exempt from the permit application fee, but must obtain a tree removal permit and comply with all tree placement and tree protection procedures as listed in this article. Protected quality trees and/or specimen trees proposed to be critically altered must be shown on a tree preservation plan approved by the landscape administrator. (b) Diseased, dead, or dangerous tree. An applicant is exempt from the tree removal permit fee if critically altering a diseased or dead tree, or a tree which poses an imminent or immediate threat to persons or property, in a manner which is allowed under permit exemption status. Sec. 9.07.004 Standards for Tree Removal. (1) Clear-cutting. Clear-cutting is prohibited unless specifically authorized by a tree removal permit. (2) Residential development. (a) Construction of a single-family or duplex residential subdivision. (i) Protected quality trees and/or specimen trees located in a FEMA 100-year floodplain, NRCS lake tree preservation zone, or erosion hazard setback zone Page 8I 21 shall be subject to all tree replacement and tree protection requirements of this article, to the extent permitted under state law. (ii) In cases other than listed immediately above (subsection (a)(i)), all protected quality trees 18 inches in caliper or greater, specimen trees, and/or any tree 18 inches in caliper or greater within 10 feet of the property boundaries shall be subject to tree replace ment and tree protection requirements except where trees must be critically altered to: (A) Install and maintain any utility lines; (B) Dedicate public right-of-way. (C) Construct any public or private street and associated sidewalk at the minimum required width only; (D) Provide any required easement up to the minimum width needed to accommodate the required service; (E) Construct any hike/bike/equestrian trails; (F) Construct any portions of a golf course, park playing field, equestrian center, or school playing field but not including buildings, additional parking, club houses, or ancillary buildings; or (G) Construct of required drainage structures, including detention and retention basins, and including transitional slopes at the maximum slope allowed by standard city engineering practices and policies. (iii) Tree replacement in areas reclaimed from the floodplain and used for residential development shall be limited to one three -inch caliper tree for each protected quality tree removed. (b) Construction of a multifamily development. (i) Protected quality trees and specimen trees located in a FEMA one-hundred- year floodplain, NRCS lake tree preservation zone, or erosion hazard setback zone shall be subject to all tree replacement and tree protection requirements of this article. Page 9I 21 (ii) In cases other than listed immediately above (subsection (c)(i)), all protected quality trees 18 inches in caliper or greater, specimen trees, and/or any tree 18 inches in caliper or greater within 10 feet of the property boundaries shall be subject to tree replacement and tree protection requirements except where trees must be critically altered to: (A) Install and maintain any utility lines; (B) Dedicate public right-of-way; (C) Construct any public or private streets and associated sidewalk at the minimum required width only; (D) Provide any required easement up to the minimum width needed to accommodate the required service; (E) Construct any fire lanes at the minimum required width only; (F) Construct swimming pools; (G) Construct any hike/bike/equestrian trails; (H) Construct any portions of a golf course, park playing field, equestrian center, or school playing field but not including buildings, additional parking, club houses, or ancillary buildings; or (I) Construct required drainage structures, including detention and retention basins, and including transitional slopes at the maximum slope allowed by standard city engineering practices and policies. (iii)Tree replacement in areas reclaimed from the floodplain and used for multifamily development shall be limited to one three-inch caliper tree for each protected quality tree removed. (3) Construction of a nonresidential development. (a) Protected quality trees and/or specimen trees located in a FEMA one-hundred-year floodplain, NRCS lake tree preservation zone, or erosion hazard setback zone shall be subject to all tree replacement and tree protection requirements of this article. (b) In cases other than listed immediately above (subsection (3)(a)), all protected quality trees 18 inches in caliper or greater, specimen trees, and/or any tree 18 inches in caliper or greater within 10 feet of the property boundaries shall be subject to tree replacement and tree protection requirements except where protected trees must Page 10I 21 be critically altered for a [to]: (i) Install and maintain any utility lines; (ii) Dedicate public right-of-way; (iii) Construct any public or private streets and associated sidewalk at the minimum required width only; (iv) Provide any required easement up to the minimum width needed to accommodate the required service; (v) Construct any fire lanes at the minimum required width only; (vi) Construct any sidewalks at the minimum required width only; (vii) Construct swimming pools; (viii) Construct any hike/bike/equestrian trails; (ix) Construct any portions of a golf course, park playing field, equestrian center, or school playing field but not including buildings, additional parking, club houses, or ancillary buildings; or (x) Construct of required drainage structures, including detention and retention basins, and including transitional slopes at the maximum slope allowed by standard city engineering practices and policies. (c) Tree replacement in areas reclaimed from the floodplain and used for nonresidential development shall be limited to one three-inch caliper tree for each protected quality tree and/or specimen tree removed. (4) All other existing development; exemptions. Tree replacement and protection requirements shall apply, except that additions or redevelopment shall be allowed the same exemptions as for new nonresidential or multifamily development, as applicable. Notwithstanding the foregoing or any other provision of this article, the replacement and protection requirements of this article shall not apply to: (1) c onstruction of a single-family or duplex residence on a single lot (not part of a larger subdivision); or (2) the end-user owner(s) of a single-family or duplex residence for which a valid certificate of occupancy has been issued (Note: “end -user owner(s)" do not include home builders or their affiliates owning one or more new homes in a subdivision intended to be sold to a homeowner). (5) Demolition. The landscape administrator may issue a tree removal permit to allow critical alteration of a protected quality tree and/or specimen tree if such critical alteration is necessary Page 11I 21 to allow demolition of a structure. The tree covered by the permit shall be exempt from the tree replacement and tree protection requirements of this article. (6) Diseased trees. Upon issuance of a tree removal permit, a diseased protected quality tree and/or diseased specimen tree may be critically altered to reduce the chances of spreading the disease to adjacent healthy trees. If the landscape administrator issues a tree removal permit for this use, the protected trees covered by the permit shall be exempt from the tree replacement and protection requirements of this article. (7) Ground level cuts. Tree trunks must be cut at ground level where removal of a tree may damage root systems of an adjacent tree. Stump grinding in such situations is allowed with the approval of the landscape administrator. (8) Removal of underbrush. Removal of underbrush, not including grubbing under drip lines, shall not require a tree removal permit. (9) Grubbing under drip lines. Clearing and grubbing of brush located within or under the drip lines of protected trees shall not require a tree removal permit. (10) Trees along property lines. To promote the purpose of this article any tree eighteen (18) inches in caliper or greater at DBH within ten (10) feet of the property lines, even if not on the List of Quality Trees (Tree Appendix 1) shall be considered a protected quality tree, be identified on the tree preservation plan, and be subject to tree replacement and protection requirements. (11) Tree replacement. Unless specifically exempted, the following tree replacement procedures shall apply to any person who critically alters a protected quality tree and/or specimen tree for which a permit is required. Replacement trees shall be chosen from the approved plant list (Tree Appendix 2). (a) Tree replacement will be considered only after all design alternatives which could save more existing protected quality trees and/or specimen trees have been evaluated. Replacement trees shall be in addition to trees required under other landscape requirements of the city. (b) Replacement trees shall be a minimum of 3 inches in diameter when measured at breast height (DBH). Examples include: (i) A total of 18 inches diameter to be removed shall be replaced with six 3-inch diameter trees. (ii) A total of 19 inches diameter to be removed shall be replaced with seven 3- Page 12I 21 inch trees, or five 3-inch trees and one 4-inch tree. (c) All replacement trees shall be guaranteed for one year from the date of the final inspection and acceptance of the project. The responsibility to replace trees shall apply to both the person altering a protected quality tree and/or specimen tree, and the owner of the property. If a replacement tree dies, the owner of the property is responsible for replacing that tree. (d) Replacement trees may be planted off-site on a property mutually agreed upon by the city and the applicant. Sec. 9.07.005 Mitigation. (1) Tree Credits for Mitigation (a) Tree credits are available for preserving and planting of trees from the city's approved plant list (Tree Appendix 2). (b) When any protected quality tree and/or specimen tree is preserved that would have otherwise been exempt per exceptions listed under each construction type of Sec. 9.07.004, credits toward the total inches of caliper of replacement trees required for the development site will be given as per the following formula: (i) Protected quality trees. (1) If the caliper of the preserved exempt tree is 6" - 18", the credit applied will be equal to the caliper of the preserved trees. (2) If the caliper of the preserved exempt tree is greater than 18", to include trees along the property boundaries, the credit applied will be equal to twice the caliper of the preserved tree. (ii) Specimen trees. If the caliper of the preserved exempt tree is 24" or greater, the credit applied will be equal to twice the caliper of the preserved tree. (c) Tree credits may not be earned for preservation of existing trees located on land required to be dedicated for public right-of-way or easement purposes, unless the property owner can demonstrate the ability to protect the credited trees by way of restrictive covenant or other legal instruments considered satisfactory by the city council. (d) Tree credits will not be permitted unless temporary tree protection devices are Page 13I 21 installed at least to the limit of the critical root zone or the drip line, whichever is greater, during construction activity. The city may, prior to the issuance of a tree removal permit impose additional requirement s for tree-planting methods and best management practices to ensure that the preserved tree(s) grow to the anticipated height at maturity. (e) Required development trees shall not count towards Tree credits. (2) Mitigations Fees (a) In the event that is it necessary to remove a protected quality tree and/or specimen tree, and the applicant chosen not to meet the tree replacement requirements under Sec. 9.07.004(12), the applicant shall be required to pay into the city's Tree Fund according to the Development Fees schedule (Article A3.000) (b) Fees paid must be based on the tree valuation schedule listed below and contained within the Development Fee schedule. This fee shall be paid in addition to any tree removal permit fee and shall be held in a sperate account (the Tree Fund) to be used exclusively for future installation of trees within public land owned by the City. Replacement Cost Tree Type/Size Floodplain Tree Protected Quality Trees & Specimen Trees Protected Quality Trees (Floodplain only): 6” – 10” (DBH) $3,000 $900 Protected Quality Trees (Floodplain only): 11” – 17” (DBH) $6,000 $1,800 Protected Quality Trees: 18” – 30” (DBH) $15,000 $4,500 Specimen Tree: 24” – 30” (DBH) $15,000 $4,500 All trees: 30”+ (DBH) $20,000 $6,000 Illegal Tree Removal • $1,000 plus replacement cost • $1,000 per tree if not in the floodplain nor a protected quality or specimen tree Sec. 9.07.006 Maintenance. The property owner or his/her agent shall be responsible for the maintenance, repair, and replacement of all preserved vegetation and landscaping plants and materials as may be required by the provisions of this article. Sec. 9.07.007 Conflicts with other ordinances. (1) All applicable provisions of the zoning ordinance, subdivision ordinance, building codes and other ordinances and regulations, as they exist or as amended, shall apply. The provisions of Page 14I 21 this article are not intended to modify or amend the preliminary site plan and/or site plan requirements of the zoning ordinance with regard to the placement of building pads, roadways, easements, utilities, pedestrian ways or other buildable areas; such placement of any application shall be left to the sole discretion of the applicant so long as the same conform to the applicable requirements of the zoning ordinance. (2) Notwithstanding the foregoing, nothing herein shall confer any vested rights on the property subject to this article. Where the provisions of other ordinances conflict with this article, this article shall control. Sec. 9.07.008 Enforcement. The city shall not approve a development agreement unless it provides that all construction activities shall meet the requirements of this article. (1) No development permit shall be issued unless: (a) A tree removal permit has been approved; or (b) An affidavit of no protected quality trees and/or specimen trees has been submitted and approved; or (c) A determination of exemption has been made by the landscape administrator or designee. (2) No development permit shall be issued unless the applicant signs an application or permit request which says that all construction activities meet the requirements of this article. (3) No certificate of occupancy (C.O.) shall be issued until any and all penalties for violations of this article have been paid to the city. No C.O. shall be issued until all required replacement trees have been planted. (4) Penalties. (a) A person commits an offense if the person critically alters a protected quality tree and/or specimen tree not meeting an exception listed in this article without first obtaining a tree removal permit from the city. (b) A person commits an offense if the person critically alters a tree in violation of a tree removal permit. (c) Any person, firm, corporation, agent, or employee thereof who violates this article by critically altering a protected quality tree and/or specimen tree without first obtaining a tree removal permit from the city, or by critically altering a protected Page 15I 21 quality tree and/or specimen tree in violation of the permit, or by failing to follow the tree replacement procedures, shall be guilty of a misdemeanor, and upon conviction shall be required to pay a tree mitigation fee based on the tree valuation schedule as listed in this article. The unlawful critical alteration of each protected quality tree and/or specimen tree shall be considered a separate incident, and each incident shall subject the violator to the maximum penalty set forth herein for each tree critically altered. (d) Any person, firm, corporation, agent, or employee thereof who violates any provision of this article other than those listed above shall be guilty of a misdemeanor and upon conviction hereof shall be fined in accordance with the general penalty provided in section 1.01.009 of this code for each incident. Each and every day said violation is continued shall constitute a separate offense. (e) Allegation and evidence of a culpable mental state is not required for proof of an offense defined by this article. Ignorance of the terms of this article is not an excuse for any violation. Sec. 9.07.009 Definitions. The following definitions shall apply unless the context clearly indicates or requires a different meaning: Buildable area means that portion of a building site on which a building pad or building improvements may be erected, including the actual structure, driveway, pool, decks, and other construction shown on a site plan approved in connection with the issuance of a building permit. Building lot owner means the owner of a building lot or tract of land within the corporate limits of the city or within the city's extraterritorial jurisdiction who is not in the process of subdividing land. Building pad means the actual base area of a building and an area not to exceed six feet around the foundation necessary for construction and grade transitions. Caliper means the diameter measurement of a tree trunk or limb. Unless otherwise specified, caliper of the trunk shall be measured 12 inches above the soil line for trees up to and including four-inch caliper size and 18 inches above the ground for larger sizes. Clear-cutting means the removal of 10 or more protected trees and/or specimen trees from a property within a 90-day period. Page 16I 21 Critical root zone means the area within the drip line of the tree. As a practical matter, this is the acute portion of the tree's root system. Critically alter means uprooting or severing the main trunk of a tree, or any act which causes or may reasonably be expected to cause a tree to die. This includes, but is not limited to: removal of a tree from a property; damage inflicted upon the root system of a tree by machinery, storage of materials, or the compaction of soi l above the root system of a tree; a change in the natural grade above the root system of a tree; an application of herbicidal chemical or the misapplication of beneficial chemicals; excessive pruning; placement of nonpermeable pavement over the root system of the tree; or trenching within the primary root zone. Additionally, a tree may be considered critically altered if more than 25% of the primary root zone is altered or disturbed at natural grade, or more than 25% of the canopy is removed. Cut and fill means areas where the natural ground level has been excavated (cut) or where fill material has been brought in. Determination of exemption means a determination made by the landscape administrator or his or her designee that no tree permit or tree preservation plan is required for the site. Developer means any person who, in connection with the use of the land, is required to, or has, or is in the process of making application to the city for subdivision plat approval of property within the corporate limits of the city or within the city's ETJ. Development permit means a grading permit or any building permits issued for site development which could result in the removal of trees. Diameter at breast height (DBH). The diameter at breast height is the tree trunk diameter measured in inches at a height of four feet and six inches above the soil line. If a tree splits into multiple trunks below 4.5 feet, the trunk is measured at its narrowest point beneath the split. Drip line means whichever is greater: (1) A vertical line running through the outermost portion of the canopy of a tree and extending to the ground; or (2) If the tree is damaged or deformed, a circular area with a radius equal to two feet per inch of caliper. Erosion hazard setback zone means the erosion setback areas along a drainage channel deemed by the City Engineer to be subject to flood-related erosion losses. This includes the dam offset areas established by Collin County and the Texas Commission on Environmental Quality (TCEQ). Page 17I 21 Exemption area means an area that is clearly exempt from all tree replacement and tree protection requirements of this article, as approved by the landscape administrator. FEMA 100-year floodplain means the area designated as being within the one-hundred-year floodplain on the Federal Emergency Management Agency flood insurance rate map (FIRM) as of the effective date of this article. The boundary may be verified and established through field surveys based on elevation. Any changes made by FEMA to the 100-year floodplain boundary after the effective date of this article due to filling of the floodplain, channelization, or other drainage improvements shall not reduce the area in which tree preservation, replacement, or protection requirements apply, unless -and only to the extent-that a reduction is necessary for compliance with FEMA regulations or other state or federal law. Grubbing means excavating or removing a significant part of the root system. Landscape administrator means the individual or company appointed by the city manager to administer city ordinances related to tree preservation. Municipal and public domain property means property in which title is held in the name of a governmental entity. Examples include but are not limited to city buildings, county property, public parks, Corps of Engineers property, state right -of-way, libraries, fire stations, water tower sites, or similar other properties. Non-disturbance area means an area in which no development activity or vehicular traffic associated with the construction or development of land occurs. NRCS means the National Resource Conservation Service. NRCS lake tree preservation zone means the area within an elevation two feet above the emergency spillway elevation of any NRCS lake. Orchard means a grouping of ten or more fruit or nut bearing trees of the same variety, whose fruit or nuts are fit for human consumption, which are planted and growing on a single property for sale or intended sale to the general public in their raw form or as components of human food items manufactured on the same premises. Owner means any person with an interest in land, or a lessee, agent, employee, or other person acting on behalf of the owner. Protected quality tree means: (1) A quality tree, which typically has significant positive characteristics worthy of preservation, as listed in this article (see Tree Appendix 1 at the end of this article), with a trunk six inches or greater in caliper at four feet six inches above the ground. The caliper of a multi-trunk tree shall Page 18I 21 be determined by adding the total caliper of the largest trunk to one-half the caliper of each additional trunk. (2) Trees with a truck eighteen inc hes or greater in caliper at four feet six inches above the ground located within 10 feet of a property boundary (regardless of species). The caliper of a multi-trunk tree shall be determined by adding the total caliper of the largest trunk to one-half the caliper of each additional trunk. Protective fencing means chain-link fencing, orange vinyl construction fence or other fencing at least four feet high and supported at a maximum of 10 -foot intervals by approved methods sufficient to keep the fence upright and in place. The fencing shall be of highly visible material. Pruning means the removal of dead, injured, or diseased limbs or roots to maintain plant health or the removal of limbs or roots to control or direct vegetative growth. Residential structure means a manufactured home as that term is defined by section 1201.003 of the Texas Occupations Code (as amended), a detached one-family or two-family dwelling (including the accessory structures of the dwelling), or a multiple single-family dwelling that is not more than three stories in height with a separate means of entry for each dwelling (including the accessory structures of the dwelling), or any other multifamily structure. Root zone, primary means the area of undisturbe d natural soil around a quality tree and/or specimen tree defined by a concentric circle with a radius equal to the distance from the trunk to the outermost portion of the dripline. Specimen tree means a tree which has been determined by the city to be of high value because of its type, size, or other specific criteria. Generally, specimen trees are trees having twenty- four inches or greater in caliper at four feet six inches above the ground. but other criteria may also be utilized. The caliper of a multi-trunk tree shall be determined by adding the total caliper of the largest trunk to one-half the caliper of each additional trunk. Tree means any self -supporting woody plant which will attain a trunk caliper of two inches or more when measured at a point 4.5 feet above ground level and normally an overall height of at least 15 feet with a canopy of at least 15 feet in caliper at maturity. A tree may have one main stem or trunk or several stems or trunks. Tree board means a board appointed by the city council to carry out the duties and responsibilities set forth in this article. The city's planning and zoning commission shall constitute the tree board unless the city council appoints a separate tree board. Tree removal application means an official city application that is required to be submitted for Page 19I 21 the removal of trees unless exempted by this Article. Tree preservation plan means a plan drawing that identifies the location of protected quality trees and/or specimen trees and contains the information required to be set forth within this article. The tree preservation plan shall be prepared by an arborist, a licensed surveyor, a licensed landscape architect, or other qualified person approved by the landscape administrator. For projects of limited scope, the landscape administrator may approve a tree preservation plan prepared by a non-professional if complete and accurate information is provided. Utility company, franchise utility, or public utility means a company or entity, or agent for a company or entity, that provides a utility service, such as the provision of gas, electric, cable, or telephone service within the city. Item No. 6.d. City Council Agenda Staff Report Meeting Date: 8/8/2023 Staff Contact: Dean Habel AGENDA ITEM: Approve a Resolution authorizing the City Manager to approve an updated interlocal agreement for jail services between Collin County and the City of Anna. (Police Chief Dean Habel) SUMMARY: The Interlocal Cooperation Act (Texas Government Code Chapter 791) authorizes any local government to contract with one or more local governments to perform governmental functions and services under the terms of the Act. Collin County has proposed certain updated amendments to the Agreement, to include payment for County expenses in providing jail service for inmates, comprised of a “Basic Charge” of $107.30 per day or part of day per inmate that the City requests be confined on charges brought by the City’s peace officers, and additional charges for reimbursement of County expenses for health-care services, such that the updated Agreement shall be comprised of the terms set forth in the attached Exhibit 1 and Exhibit 2. Approval would extend the agreement through September 30, 2024. FINANCIAL IMPACT: Funding for Collin County jail services is proposed in the FY2024 Police Department budget. The cost will be $107.30 per inmate for each day of detention and will vary depending on activity. BACKGROUND: Staff recommends approval. STRATEGIC CONNECTIONS: This item supports the City of Anna Strategic Plan, specifically advancing the strategic outcome area: Safe. ATTACHMENTS: 1. EXHIBITS Res ILA Renewal FY24 Jail Services Amendment 2 C03029D20230731 2. ILA Jail Services - FY2024 extension C03029D20230731DO1 Office of the Purchasing Agent Collin County Administration Building Contract Modification Document 2300 Bloomdale Rd, Ste 3160 McKinney, TX 75071 972-548-4165 Vendor:Contract No. Contract: Item #1 The agreement will be renewed for a period of one (1) year, beginning October 1, 2023, through and including September 30, 2024, at the rate below. Item #2 Charges for fiscal year 2024:$107.30 per day, per inmate Amendment No. 3 has been accepted and authorized on __________by authority of the Collin County Commissioners Court by Court Order No.______________________, to be effective on 10/1/2023. ACCEPTED BY: SIGNATURE SIGNATURE Michelle Charnoski, NIGP-CPP, CPPB (Print Name) (Print Name) TITLE: TITLE: DATE: DATE: City of Anna 101 S. Powell Parkway Anna, TX 75409 2020-409 Jail Services, City of Anna YOU ARE DIRECTED TO MAKE THE FOLLOWING MODIFICATION TO THIS CONTRACT Except as provided herein, all terms and conditions of the contract remain in full force and effect and may only be modified in writing signed by both parties. Purchasing Agent 1 Amendment No. 1 Court Order No.Summary Amendment No. 2 Court Order No.Summary Amendment No. 3 Court Order No.Summary 2020-884-09-21Awarded by Court Order No. HISTORICAL INFORMATION 2022-985-09-26 Renewal 2 Agreement extended and fees 2021-948-09-27 Renewal 1 2 Inmate per day Expense Entity ImpactEntityFY 2019 Actual PaidFY 2020Actual PaidFY 2021Actual PaidFY 2022Actual PaidFY 2022 Inmate Days Utilizing FY 2024 Adopted RateFY 2023 YTDActual PaidAnna 4,395.09$ 4,543.88$ 4,296.27$ 3,057.60$ 5,579.09$ 688.86$ Anna ISD‐$ ‐$ ‐$ ‐$ ‐$ ‐$ Baylor Scott & White‐ ‐ ‐ ‐ ‐$ ‐$ Celina 3,589.86 2,271.94 822.69 1,117.20 2,038.51$ 153.08$ Collin Co. Community College‐ ‐ 274.23 58.80 107.29$ ‐$ Community ISD‐ ‐ ‐ ‐ ‐$ ‐$ DART‐ 188.94 ‐ 294.00 536.45$ ‐$ Fairview 188.94 98.78 639.87 176.40 321.87$ 306.16$ Farmersville 3,873.27 1,284.14 1,462.56 940.80 1,716.64$ ‐$ Farmersville ISD‐ ‐ ‐ ‐ ‐$ ‐$ Josephine‐ 98.78 ‐ ‐ ‐$ ‐$ Lavon 1,133.64 790.24 ‐ ‐ ‐$ 153.08$ Lucas 94.47 ‐ ‐ ‐ ‐$ ‐$ McKinney 70,285.68 36,977.85 33,090.42 20,756.40 37,873.45$ 5,817.34$ Melissa 3,495.39 3,457.30 5,119.06 2,822.40 5,149.93$ 688.86$ Murphy 3,400.92 4,642.66 1,279.74 58.80 107.29$ 76.54$ Parker‐ 395.12 ‐ ‐ ‐$ ‐$ Princeton 7,935.48 5,926.80 4,753.32 4,998.00 9,119.67$ 1,607.34$ Prosper 3,684.33 4,247.54 914.10 1,058.40 1,931.22$ 1,836.96$ Prosper ISD‐ ‐ ‐ 176.40 321.87$ ‐$ St Paul‐ ‐ ‐ ‐ ‐$ ‐$ Westminister‐ ‐ ‐ ‐$ ‐$ Wylie 7,179.72 2,271.94 91.41 ‐ ‐$ ‐$ 109,256.79$ 67,195.91$ 52,743.67$ 35,515.20$ 64,803.30$ 11,328.22$ Rates 94.47$ 98.78$ 91.41$ 58.80$ 107.30$ 76.54$ # City Days 1,157 680 577 604 148 Federal Inmate Housing 952,492.33$ 1,179,869.74$ 510,154.19$ 1,183,665.00$ 1,183,665.00$ 416,115.00$ # Federal Days 13,648 11,944 4,859 11,273 3,963 Facility Utilization% County 96.16% 96.39% 98.41% 96.70% 97.39%% City 0.30% 0.19% 0.17% 0.17% 0.09%% Federal 3.54% 3.41% 1.42% 3.13% 2.52% CITY OF ANNA, TEXAS RESOLUTION NO. _____________________ A RESOLUTION OF THE CITY OF ANNA, TEXAS APPROVING AN UPDATED INTERLOCAL AGREEMENT FOR JAIL SERVICES BETWEEN COLLIN COUNTY, TEXAS AND THE CITY OF ANNA, TEXAS AND AUTHORIZING THE CITY MANGER TO EXECUTE SAME. WHEREAS, the Interlocal Cooperation Act (Texas Government Code Chapter 791, “the Act”) authorizes any local government to contract with one or more local governments to perform governmental functions and services under the terms of the Act; and WHEREAS, the City Council of the City of Anna, Texas (the “City Council”) has approved an interlocal agreement between Collin County, Texas (the “County”) and the City of Anna, Texas (the “City”); and WHEREAS, the City Council finds that the Interlocal Jail Services Agreement (the “Agreement”) with the County should be extended for the period of October 1, 2023 through September 30, 2024 (the “Extension”); and WHEREAS, the County has proposed certain updating amendments to the Agreement, to include payment for County expenses in providing jail service for inmates, a set amount of $107.30 (one hundred and seven dollars and thirty cents) per day or part of day per inmate that the City requests be confined on charges brought by the City’s peace officers, and additional charges for reimbursement of County expenses for health-care services, such that the updated Agreement shall be modified by the terms set forth in the attached Exhibit 1 and Exhibit 2 (incorporated herein for all purposes); and WHEREAS, the City Council has determined that it is in the best interest of the City and its citizens to authorize, ratify, and approve the City Manager’s execution of the updated Agreement and Extension; and WHEREAS, the City shall make all payments under the Agreement only from its current revenues; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS THAT: Section 1. Recitals Incorporated. The recitals above are incorporated herein as if set forth in full for all purposes. Section 2. Approval and Authorization of Agreement. The City Council hereby approves the amendments and extension attached hereto as Exhibit 1 (collectively “Amendment No. 3”) to extend the Agreement and ratifies and approves the City Manager’s execution of same. The City Manager is hereby authorized to execute all documents and to take all other actions necessary to finalize and enforce said Amendment No. 3 and the underlying Agreement. PASSED AND APPROVED by the City Council of the City of Anna, Texas on this __ day of _________, 2023. APPROVED: ATTEST: _____________________________ ____________________________ Mayor Nate Pike City Secretary Carrie Land Item No. 6.e. City Council Agenda Staff Report Meeting Date: 8/8/2023 Staff Contact: Dean Habel AGENDA ITEM: Approve a Resolution authorizing the City Manager to execute an updated interlocal agreement for emergency dispatch services between Collin County and the City of Anna. (Police Chief Dean Habel) SUMMARY: The Interlocal Cooperation Act (Texas Government Code Chapter 791) authorizes any local government to contract with one or more local governments to perform governmental functions and services under the terms of the Act. The City of Anna contracts with Collin County to provide emergency dispatch services for the police department. Collin County has proposed certain amendments to the interlocal Agreement, to include payment of dispatch service charges for FY2023 in the amount of $199,374.00 for the extension, and an annual connection fee of $108.00 for each radio registered on the system. The total cost quoted by Collin County to extend the agreement to September 30, 2024 is $204,990.00. FINANCIAL IMPACT: Funding for this contract with Collin County to provide emergency dispatch services is proposed in the FY2024 Police budget in the amount of $205,000. BACKGROUND: This item supports the City of Anna Strategic Plan, specifically advancing the strategic outcome area: Safe. STRATEGIC CONNECTIONS: This item supports the City of Anna Strategic Plan, specifically advancing the strategic outcome area: Safe. ATTACHMENTS: 1. EXHIBITS Res ILA Renewal FY24 Emergency Dispatch Amendment 2 C03029D20230731 2. ILA Dispatch Services - FY2024 extension and amendment C03029D20230731DO1 Office of the Purchasing Agent Collin County Administration Building Contract Modification Document 2300 Bloomdale Rd, Ste 3160 McKinney, TX 75071 972-548-4165 Vendor:Contract No. Contract: Item #1 Renew contract for a twelve (12) month period at the same terms and conditions of the contract from October 1, 2023, through September 30, 2024. Item #2 Update Section 5.01 Compensation clause of the agreement to the following- Payment for contract year October 1, 2023, through September 30, 2024, is $199,374.00. Payments will be made in four quarterly installments of $49,843.50. In addition to the fee schedule, each radio registered on the system will be assessed an annual connection fee by Plano, Allen, Wylie, Murphy (PAWM) operators for access to their system. From Payment for contract year October 1, 2022, through September 30, 2023, is $167,154. Payments will be made in four quarterly installments of $41,788.50. In addition to the fee schedule, each radio registered on the system will be assessed an annual connection fee by Plano, Allen, Wylie, Murphy (PAWM) operators for access to their system. Item #3 Update Section 3.04 Hosted Data Back Up clause of the agreement to the following- No rights of access to the records of another party is created by this agreement except as expressly stated herin. The City shall have sole ownership of the City's hosted data and the County shall make no claim to ownership of City's hosted data. The County shall have sole ownership of all records created by the County which may embody, incorporate, manipulate, or reproduce the City's hosted data. From The City shall have sole ownership of the City's hosted data and the County shall make no claim to ownership of City's hosted data. Amendment No. 2 has been accepted and authorized on __________by authority of the Collin County Commissioners Court by Court Order No.______________________, to be effective on 10/1/2023. ACCEPTED BY: SIGNATURE SIGNATURE Michelle Charnoski, NIGP-CPP, CPPB (Print Name) (Print Name) TITLE: TITLE: DATE: DATE: YOU ARE DIRECTED TO MAKE THE FOLLOWING MODIFICATION TO THIS CONTRACT Except as provided herein, all terms and conditions of the contract remain in full force and effect and may only be modified in writing signed by both parties. Purchasing Agent City of Anna 111 N Powell Pkwy Anna, TX 75409 2021-382 Dispatch Services, City of Anna 1 Amendment No. 1 Court Order No.Summary Amendment No. 2 Court Order No.Summary Agreement extended and fees 2021-938-09-27Awarded by Court Order No. HISTORICAL INFORMATION 2022-909-09-19 Renewal 2 PD Radios PAWM PAWM Collin County Grand Outside Agency as of 03/17/23 Fee per Radio Cost Radio/Dispatch Fee Total Anna 52 108$ 5,616$ 199,374$ 204,990$ Anna ISD 4 108$ 432$ 8,570$ 9,002$ Celina 75 108$ 8,100$ 210,995$ 219,095$ Celina ISD 3 108$ 324$ 5,799$ 6,123$ Community ISD 10 108$ 1,080$ 19,583$ 20,663$ Fairview 41 108$ 4,428$ 117,733$ 122,161$ Farmersville 26 108$ 2,808$ 71,537$ 74,345$ Farmersville ISD 10 108$ 1,080$ 20,208$ 21,288$ Josephine 19 108$ 2,052$ 47,117$ 49,169$ Lavon 30 108$ 3,240$ 76,296$ 79,536$ Melissa 32 108$ 3,456$ 119,006$ 122,462$ Melissa ISD 8 108$ 864$ 16,103$ 16,967$ Princeton 57 108$ 6,156$ 183,188$ 189,344$ Outside Agency Total 367 108$ 39,636$ 1,095,510$ 1,135,146$ Collin County 1,025 108$ 110,700$ 2,463,652$ 2,574,352$ FY 2024 Radio Cost (excluding FD) FY 2024 Dispatch/Radio Rates No Charge to Fire Departments (No Fire Calls in Usage) FY 2022 FY 2023 PD Radios FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 Outside Agency Actual Actual as of 03/17/23 TOTAL Projected TOTAL Projected TOTAL Projected TOTAL Projected TOTAL Anna 140,563 167,154 52 199,374 292,771 301,138 323,754 335,297 Anna ISD 8,807 8,541 4 8,570 12,514 12,518 12,996 13,236 Celina 174,212 216,643 75 210,995 314,624 323,403 344,518 359,829 Celina ISD 8,579 6,152 3 5,799 11,251 11,202 11,577 11,736 Community ISD 10,651 12,298 10 19,583 31,356 34,020 35,178 38,595 Fairview 134,619 126,605 41 117,733 172,472 182,741 191,503 199,816 Farmersville 78,513 81,731 26 71,537 104,753 105,775 110,780 119,663 Farmersville ISD 15,175 15,017 10 20,208 29,484 29,418 30,465 30,950 Josephine 47,383 48,130 19 47,117 68,919 69,341 72,379 74,124 Lavon 52,875 70,792 30 76,296 111,631 117,983 123,193 126,206 Melissa 114,595 119,695 32 119,006 180,308 189,052 205,051 217,795 Melissa ISD 6,817 16,606 8 16,103 23,494 23,437 27,143 27,563 Princeton 246,849 201,471 57 183,188 277,018 286,442 301,043 316,252 Outside Agencies Total Allocation 1,039,638 1,090,835 367 1,095,510 1,630,596 1,686,469 1,789,578 1,871,063 Fire Departments FD Radios Anna FD 33 ‐ ‐ ‐ ‐ ‐ Celina FD 57 ‐ ‐ ‐ ‐ ‐ Farmersville FD 40 ‐ ‐ ‐ ‐ ‐ Melissa FD 40 ‐ ‐ ‐ ‐ ‐ Princeton FD 35 ‐ ‐ ‐ ‐ ‐ FD Total 205 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ Collin County Allocation ‐ 0 617 ‐ ‐ ‐ ‐ ‐ Collin County Allocation w/FD 2,560,212 2,531,463 822 2,463,652 3,633,133 3,801,113 4,125,500 4,380,171 Volunteer Fire Dept.VFD Radios Blue Ridge FD 23 Branch FD 34 Josephine FD 23 Lavon FD 27 Lowry Crossing FD 18 Nevada FD 35 Westminister FD 24 Weston FD 19 203 Allocation Percentage 90% 100%100%100% 100% 100% 100% Total Cost 3,599,850 3,622,298 1,392 3,559,163 5,263,729 5,487,582 5,915,079 6,251,233 % County 70% 69% 69% 69% 70% 70% % Outside Law Enforcement 30% 31% 31% 31% 30% 30% % Fire Departments 0% 0% 0% 0% 0% RES. NO. ___________________ - ILA EXTENSION FY 2024 DISPATCH SERVICES CITY OF ANNA, TEXAS RESOLUTION NO. _____________________ A RESOLUTION OF THE CITY OF ANNA, TEXAS APPROVING AN UPDATED INTERLOCAL AGREEMENT FOR EMERGENCY DISPATCH SERVICES BETWEEN COLLIN COUNTY, TEXAS AND THE CITY OF ANNA, TEXAS AND AUTHORIZING THE CITY MANGER TO EXECUTE SAME. WHEREAS, the Interlocal Cooperation Act (Texas Government Code Chapter 791, “the Act”) authorizes any local government to contract with one or more local governments to perform governmental functions and services under the terms of the Act; and WHEREAS, the City Council of the City of Anna, Texas (the “City Council”) has approved an interlocal agreement between Collin County, Texas (the “County”) and the City of Anna, Texas (the “City”); and WHEREAS, the City Council finds that the Interlocal Dispatch Services Agreement (the “Agreement”) previously designated as Contract No. 2021-382, with the County should be extended through September 30, 2024 (“Amendment No. 2”); and WHEREAS, the County has proposed certain amendments to the Agreement, to include payment of dispatch service charges for contract year October 1, 2023, through September 30, 2024 in the amount of $199,374 (one hundred and ninety-nine thousand, three hundred and seventy-four dollars and zero cents) for the Extension, plus an annual connection fee assessed by Plano, Allen, Wylie, and Murphy (PAWM) operators for each radio registered on the system, such that the updated Agreement shall use the terms set forth in the attached Exhibit 1 (incorporated herein for all purposes); and WHEREAS, the PAWN connection fee for the term of Amendment No. 2 has been set as $108 (one hundred and eight dollars and zero cents) per radio, as set forth in the attached Exhibit 2 (incorporated herein for all purposes); and WHEREAS, the City Council has determined that it is in the best interest of the City and its citizens to authorize, ratify, and approve the City Manager’s execution of Amendment No. 2 to extend the Agreement for another twelve-month contract and update its terms; and WHEREAS, the City shall make all payments under the Agreement only from its current revenues; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS THAT: Section 1. Recitals Incorporated. The recitals above are incorporated herein as if set forth in full for all purposes. Section 2. Approval and Authorization of Agreement. RES. NO. ___________________ - ILA EXTENSION FY 2024 DISPATCH SERVICES The City Council hereby approves the Amendment No. 2 attached hereto as Exhibit 1 to extend the Agreement and ratifies and approves the City Manager’s execution of same. The City Manager is hereby authorized to execute all documents and to take all other actions necessary to finalize and enforce the Agreement and the Extension. All other provisions of the Agreement which are not expressly referenced as amended by the parties shall remain in full force and effect, provided that in the event of any conflict, the terms of Amendment No. 2 shall be controlling over other terms of the Agreement as may be necessary to accomplish the extension described above. PASSED AND APPROVED by the City Council of the City of Anna, Texas on this __ day of _________, 2023. APPROVED: ATTEST: _____________________________ ____________________________ Mayor Nate Pike City Secretary Carrie Land Item No. 7.a. City Council Agenda Staff Report Meeting Date: 8/8/2023 Staff Contact: Justin Clay AGENDA ITEM: Consider/Discuss/Action on a Resolution authorizing the City Manager to execute an Interlocal Agreement with Collin County for the funding of Leonard Avenue. (CIP Manager Justin Clay) SUMMARY: The City of Anna submitted for the 2022 Collin County Call for Projects with a request for funding for the construction of Leonard Avenue from East Foster Crossing to the Collin County Outer Loop. The County Call for Projects is a very competitive process, with all cities in Collin County eligible for funds, and only a few projects selected each year. The City of Anna was awarded a 70/30 match, with the County funding up to 70% of the project cost, up to $2,590,000. The city has completed the engineering design for the project and is ready to move the project into the bidding phase. Approval of the attached Interlocal Agreement by both the City and Collin County is required for the project funding. Once approved by both entities, staff will finalize the bid documents and prepare the project for bid. Construction is expected to begin in the first quarter of 2024. FINANCIAL IMPACT: The interlocal agreement represents a 70/30 match, with Collin County funding 70% of the project costs, up to a maximum County funding of $2,590,000. BACKGROUND: Leonard Avenue is a Minor Arterial on the City of Anna Master Thoroughfare Plan, and is shown to be a 4-lane divided roadway. STRATEGIC CONNECTIONS: This item supports the City of Anna Strategic Plan, specifically advancing the strategic outcome area: Excellent. This item supports the City of Anna Strategic Plan, specifically advancing the strategic outcome area: Resilient. ATTACHMENTS: 1. Location Map 2. CC 2022 Call for Projects Final Ranking 3. Resolution 4. ILA_Anna_RI18031_LeonardRd_FosterCrs-CCOL #1 #2 #3 #4 #5 #6 #7 #8Applicant / Project Description City Match PercentageTotal Project CostRequested AmountSafety County Wide SignificanceCongestion Requested AmountProjected StartEconomic DevelopmentOther County Funded ProjectsPriority of CityTotal Points Award Cumulative1,3,5 1,3,5 1,3,5 1 - 5 1 - 5 1,3,5 0,10 1 - 5Town of Prosper30% 4,000,000$ 2,800,000$ 3 4.5 4.5 5 5 3 10 5 402,800,000$ 2,800,000$ Coit Rd Intersection ImprovementsCity of Wylie-Priority #130% 30,000,000$ 2,999,999$ 3.5 5 3 5 5 3 10 5 39.52,999,999$ 5,799,999$ McMillen DriveCity of Allen-Priority #150% 5,990,000$ 2,990,000$ 1 3.5 4 5 5 4 10 5 37.52,990,000$ 8,789,999$ Ridgeview Drive from US 75 to Chelsea BlvdCity of Josephine20% 3,152,500$ 2,522,000$ 5 3.5 3 5 5 1 10 5 37.52,522,000$ 11,311,999$ North Greenville AveCity of Anna-Priority #230% 3,700,000$ 2,590,000$ 3.5 2.5 4 5 5 3 10 4 372,590,000$ 13,901,999$ CR 422 Leonard AveCity of Celina-Priority #130% 10,740,413$ 7,518,289$ 1.5 4 4 3 4.5 3.5 10 5 35.57,518,289$ 21,420,288$ Coit RoadTown of Fairview30% 11,400,000$ 7,980,000$ 1 3.5 3 3 5 5 10 5 35.57,980,000$ 29,400,288$ *Fairview PkwyCity of Wylie-Priority #230% 16,000,000$ 6,078,750$ 5 5 3 3 5 3 10 4 38East FM 544City of Wylie-Priority #330% 9,070,000$ 2,999,999$ 3 4.5 4.5 5 5 2.5 10 3 37.5Park Blvd ExtentionCity of Allen-Priority #250% 7,285,000$ 3,000,000$ 3 3.5 4 4.5 4 3.5 10 4 36.5Chelsea Blvd from SH121 to Stacy RdCity of Lavon3 2 2 5 5 3 10 5 35CR 484 Bridge at Bear Creek 20% 3,000,000$ 2,400,000$ City of Anna-Priority #130% 7,386,000$ 5,170,200$ 3.5 3 3 3 5 2.5 10 5 35Rosamond PkwayCity of Allen-Priority #350% 8,180,000$ 4,090,000$ 3 3 3.5 4 4 3 10 3 33.5West Exchange Pkwy from SH121 to Alma DrCity of Sachse30% 8,000,000$ 5,600,000$ 3.5 5 2.5 3 2.5 2 10 5 33.52022 Call for Projects 2018 Bond, Project Rankings #1 #2 #3 #4 #5 #6 #7 #8Applicant / Project Description City Match PercentageTotal Project CostRequested AmountSafety County Wide SignificanceCongestion Requested AmountProjected StartEconomic DevelopmentOther County Funded ProjectsPriority of CityTotal Points Award Cumulative2022 Call for Projects 2018 Bond, Project RankingsWoodbridge ParkwayCity of Celina-Priority #330% 2,999,893$ 2,099,925$ 1 3.5 3 5 4.5 3 10 3 33CR 87/Coit from Choate to Outer LoopCity of Lowry Crossing3 3.5 3 2 3 3 10 5 32.5Simpson Road from US 380 to Myrick Lane 20% 15,004,590$ 9,100,000$ City of Van Alstyne20% 8,049,094$ 6,439,275$ 3 1 2 3 5 3.5 10 5 32.5County Line RoadCity of Dallas-Priorty #150% 1,200,000$ 600,000$ 5 4.5 5 5 3.5 3 0 5 31SB Dallas Pkwy at Frankford/DNTFrankford RdCity of Celina-Priority #230% 13,195,120$ 9,236,584$ 1 3 3 2 4.5 3 10 4 30.5Choate PkwyCity of Allen-Priority #450% 3,400,000$ 1,700,000$ 1 2.5 3 5 4 2.5 10 2 30E. Exchange Pkwy from Allen Heights Dr to Angel PkwyCity of Frisco50% 8,000,000$ 4,000,000$ 3 5 5 4 5 3 0 5 30Dallas Pkwy from Panther Creek Pkwy to PGA PkwyDallas PkwyCity of Princeton30% 5,000,000$ 3,500,000$ 3 2.5 2.5 4 5 2.5 0 5 24.5North Boorman LaneCity of Dallas-Priority #250% 277,261$ 3 0 0 4 0Hillcrest to Preston RidgeFrankford RdTotal 184,752,610$ 95,692,282$ CITY OF ANNA, TEXAS RESOLUTION NO. _______________ A RESOLUTION OF THE CITY OF ANNA, TEXAS, AUTHORIZING THE CITY MANAGER TO EXECUTE AN INTERLOCAL AGREEMENT BETWEEN THE CITY OF ANNA AND COLLIN COUNTY CONCERNING LEONARD ROAD FROM FOSTER CROSSING TO THE COLLIN COUNTY OUTER LOOP WHEREAS, the City staff has submitted for Collin County call for projects and was awarded two million five hundred and ninety thousand dollars ($2,590,000) for the design and construction of Leonard Rd; and, WHEREAS, the interlocal Cooperation Act (Texas Government Code Chapter 791) authorizes any local government to contract with one or more local governments functions and services under the terms of the Act; and, WHEREAS, Leonard Avenue is identified on the master thoroughfare plan. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS, THAT: Section 1.Recitals Incorporated The recitals above are incorporated herein as if set forth in full for all purposes. Section 2.Authorization of Payment and Funding. That the City Council of the City of Anna authorizes the City Manager to execute an Interlocal Agreement with Collin County to receive funding for the design and construction of Leonard Rd, the City shall receive up to Two Million Sive Hundred and Ninety Thousand Dollars ($2,590,000) from Collin County for the Project. PASSED AND APPROVED by the City Council of the City of Anna, Texas, on this ___ day of July 2023. ATTEST: APPROVED: __________________________ __________________________ City Secretary, Carrie Land Mayor, Nate Pike Interlocal Agreement between Collin County and the City of Anna for Leonard Road from Foster Crossing to Collin County Outer Loop (2018 Bond Project # RI18031) Page 1 INTERLOCAL AGREEMENT BETWEEN COLLIN COUNTY AND THE CITY OF ANNA CONCERNING LEONARD ROAD FROM FOSTER CROSSING TO THE COLLIN COUNTY OUTER LOOP NEW 2018 BOND PROJECT # RI18031 WHEREAS, the County of Collin, Texas (“County”) and the City of Anna, Texas (“City”) desire to enter into this agreement (“Agreement”) concerning the Leonard Road From Foster Crossing to Collin County Outer Loop Project (“Project”) in Anna, Collin County, Texas; and WHEREAS, the Interlocal Cooperation Act (Texas Government Code Chapter 791) authorizes any local government to contract with one or more local governments to perform governmental functions and services under the terms of the Act; and WHEREAS, the City and County have determined that the improvements may be constructed most economically by implementing this Agreement; and NOW, THEREFORE, this Agreement is made and entered into by the County and the City upon and for the mutual consideration stated herein. WITNESSETH: ARTICLE I. The City shall arrange to design the Project. The Project shall consist of designing and constructing Leonard Avenue from the intersection of Foster Crossing Rd. and Leonard Avenue to the Collin County Outer Loop. The design and construction include approximately 1800 linear feet of 4-lane divided roadway arterial divided from Foster Crossing Road to the Collin County Outer Loop. Storm Drainage, Water, and Sanitary Sewer Improvements are part of the project as well. All improvements shall be designed to meet or exceed the City’s roadway design standards and criteria and shall be constructed in accordance with the plans and specifications approved by the City. ARTICLE II. The City shall prepare plans and specifications for the improvements, accept bids and award a contract to construct the improvements and administer the construction contract. In all such activities, the City shall comply with all statutory requirements applicable to a municipal public work project. The City shall provide the County with a copy of the executed design and construction contract(s) for the Project. Changes to the Project, other than what was submitted for the initial project ranking or which alter the initial funding set forth in Article IV, must be reviewed and approved by Collin County. ARTICLE III. The City shall also acquire real property in the vicinity of the improvements for use as right-of-way or easements in connection with the Project. ARTICLE IV. The City estimates the total actual cost of the Project to be Three Million Seven Hundred Thousand Dollars ($ 3,700,000) (“Estimated Project Cost”). The County agrees to participate in the Project by allocating Two Million Five Hundred-Ninety Thousand Dollars ($2,590,000) (the “County Participation Amount”) to the performance of the Project. The County shall remit fifty percent (50%) of the County Participation Amount to the City within thirty (30) days after the City issues a Notice to Proceed to the design engineer and the City submits a written request for payment to the County. The County shall remit the remaining fifty percent (50%) of the County Participation Amount to the City (i) within thirty (30) days after the City receives bids for the construction of the Project and the City submits a written request for payment to the County. The County Commissioners Court may revise this payment schedule based on the progress of the Project. If the payment schedule is revised and that revision results Interlocal Agreement between Collin County and the City of Anna for Leonard Road from Foster Crossing to Collin County Outer Loop (2018 Bond Project # RI18031) Page 2 in the City facing the potential of incurring an unfunded debt in violation of the Texas Constitution the City, in its sole discretion, shall be free from any obligation or commitment to continue working on or complete the Project until the next installment of the County Participation Amount is paid to City. If the actual cost to design, acquire right-of-way for, and construct the Project (collectively the “Actual Project Cost”) is less than the Estimated Project Cost, and the County has participated up to Seventy percent (70%) of the total Estimated Project Cost for the 2018 Bond funding, then the City shall reimburse to the County an amount equal to the difference between the Estimated Project Cost and the Actual Project Cost such that the county has only contributed Seventy percent (70%) of the Actual Project Cost. The City shall remit any such reimbursement to the County following City’s final acceptance of the Project and along with an itemized final accounting of expenditures for the Project. As used herein, the terms “Estimated Project Cost” and “Actual Project Cost” may include land acquisition, engineering, construction, inspection, testing, street lighting, and construction administration costs including contingencies. ARTICLE V. The County’s participation in the Project shall not exceed Two Million Five Hundred-Ninety Thousand Dollars ($ 2,590,000). ARTICLE VI. The City shall install a project sign identifying the Project as being partially funded by the Collin County 2018 Bond Program. The City shall also provide quarterly progress reports throughout the Project as well as before, during and after photos during the construction process, in electronic format or via US mail to the Collin County Engineering Department. Following completion of the Project, the City shall provide an itemized final accounting of expenditures for the Project. ARTICLE VII. The City and County agree that the party paying for the performance of governmental functions or services shall make those payments only from current revenues legally available to the paying party. ARTICLE VIII. INDEMNIFICATION. TO THE EXTENT ALLOWED BY LAW, EACH PARTY AGREES TO RELEASE, DEFEND, INDEMNIFY, AND HOLD HARMLESS THE OTHER (AND ITS OFFICERS, AGENTS, AND EMPLOYEES) FROM AND AGAINST ALL CLAIMS OR CAUSES OF ACTION FOR INJURIES (INCLUDING DEATH), PROPERTY DAMAGES (INCLUDING LOSS OF USE), AND ANY OTHER LOSSES, DEMANDS, SUITS, JUDGMENTS AND COSTS, INCLUDING REASONABLE ATTORNEYS’ FEES AND EXPENSES, IN ANY WAY ARISING OUT OF, RELATED TO, OR RESULTING FROM ITS PERFORMANCE UNDER THIS AGREEMENT, OR CAUSED BY ITS NEGLIGENT ACTS OR OMISSIONS (OR THOSE OF ITS RESPECTIVE OFFICERS, AGENTS, EMPLOYEES, OR ANY OTHER THIRD PARTIES FOR WHOM IT IS LEGALLY RESPONSIBLE) IN CONNECTION WITH PERFORMING THIS AGREEMENT. ARTICLE IX. VENUE. The laws of the State of Texas shall govern the interpretation, validity, performance and enforcement of this Agreement. The parties agree that this Agreement is performable in Collin County, Texas and that exclusive venue shall lie in Collin County, Texas. ARTICLE X. SEVERABILITY. The provisions of this Agreement are severable. If any paragraph, section, subdivision, sentence, clause, or phrase of this Agreement is for any reason held by a court of competent jurisdiction to be Interlocal Agreement between Collin County and the City of Anna for Leonard Road from Foster Crossing to Collin County Outer Loop (2018 Bond Project # RI18031) Page 3 contrary to law or contrary to any rule or regulation having the force and effect of the law, the remaining portions of the Agreement shall be enforced as if the invalid provision had never been included. ARTICLE XI. ENTIRE AGREEMENT. This Agreement embodies the entire agreement between the parties and may only be modified in a writing executed by both parties. ARTICLE XII. SUCCESSORS AND ASSIGNS. This Agreement shall be binding upon the parties hereto, their successors, heirs, personal representatives and assigns. Neither party will assign or transfer an interest in this Agreement without the written consent of the other party. ARTICLE XIII. IMMUNITY. It is expressly understood and agreed that, in the execution of this Agreement, neither party waives, nor shall be deemed hereby to have waived any immunity or defense that would otherwise be available to it against claims arising in the exercise of governmental powers and functions. By entering into this Agreement, the parties do not create any obligations, express or implied other that those set forth herein, and this Agreement shall not create any rights in parties not signatories hereto. ARTICLE XIV. EXPENSES FOR ENFORCEMENT. In the event either Party hereto is required to employ an attorney to enforce the provisions of this Agreement or is required to commence legal proceedings to enforce the provisions hereof, the prevailing Party shall be entitled to recover from the other, reasonable attorney's fees and court costs incurred in connection with such enforcement, including collection. ARTICLE XV. FORCE MAJEURE. No party shall be liable or responsible to the other party, nor be deemed to have defaulted under or breached this Agreement, for any failure or delay in fulfilling or performing any term of this Agreement, when and to the extent such failure or delay is caused by or results from acts beyond the affected party’s reasonable control, including, without limitation: acts of God; flood, fire or explosion; war, invasion, riot or other civil unrest; actions, embargoes or blockades in effect on or after the date of this Agreement; or national or regional emergency (each of the foregoing, a “Force Majeure Event”). A party whose performance is affected by a Force Majeure Event shall give notice to the other party, stating the period of time the occurrence is expected to continue and shall use diligent efforts to end the failure or delay and minimize the effects of such Force Majeure Event. ARTICLE XVI. TERM. This Agreement shall be effective upon execution by both parties and shall continue in effect annually until final acceptance of the Project. This Agreement shall automatically renew annually during this period. [Signature page follows.] Interlocal Agreement between Collin County and the City of Anna for Leonard Road from Foster Crossing to Collin County Outer Loop (2018 Bond Project # RI18031) Page 4 APPROVED AS TO FORM: COUNTY OF COLLIN, TEXAS By: ______________________________ By: _________________________________ Name: ____________________________ Name: Chris Hill Title: _____________________________ Title: County Judge Date: _____________________________ Date: ________________________ Executed on this _____ day of ______, 20__, by the County of Collin, pursuant to Commissioners’ Court Order No.____________________. ATTEST: CITY OF _________, TEXAS By: ______________________________ By: _________________________________ Name: ________________ Name: ___________ Title: City Secretary Title: City Manager Date: ____________________________ Date: _______________________________ Executed on behalf of the City of ____________ pursuant to City Council Resolution No._________________ APPROVED AS TO FORM: By: ______________________________ Name: _______________ Title: City Attorney Date: ____________________________ Item No. 7.b. City Council Agenda Staff Report Meeting Date: 8/8/2023 Staff Contact: Wes Lawson AGENDA ITEM: Consider/Discuss/Action on a Resolution authorizing the City Manager to execute an Impact Fee Reimbursement Agreement with Canvas Anna Owner, LLC for the construction of public roadway and water improvements. (City Engineer Wes Lawson) SUMMARY: Canvas Anna Owner, LLC is developing property in the northwest corner of Leonard Avenue and East Foster Crossing in the City of Anna's ETJ. As a part of their project, they will be constructing water and roadway improvements which have been identified in the City of Anna Water Master Plan and Master Thoroughfare Plan. The most significant of these improvements is the extension of Leonard Avenue from the Clemons Creek Middle School to East Foster Crossing and East Foster Crossing from Leonard Avenue to the project's western property line. The project will also extend a twelve-inch water main from Clemons Creek Middle School to East Foster Crossing and continue west to the East Foster Crossing Palladium water line. FINANCIAL IMPACT: The infrastructure projects included in the agreement will be paid for through impact fee reimbursements collected from the adjacent properties. The City will reimburse the developer on a quarterly basis from collected fees from the adjacent properties for water and roadway impact fees in accordance with the City of Anna Water Master Plan and Master Thoroughfare Plan. BACKGROUND: Canvas Anna Owner, LLC is developing property in the northwest corner of Leonard Avenue and East Foster Crossing in the City of Anna's ETJ. As a part of their project, they will be constructing water and roadway improvements which have been identified in the City of Anna Water Master Plan and Master Thoroughfare Plan. The most significant of these improvements is the extension of Leonard Avenue from the Clemons Creek Middle School to East Foster Crossing and East Foster Crossing from Leonard Avenue to the project's western property line. The project will also extend a twelve-inch water main from Clemons Creek Middle School to East Foster Crossing and continue west to the East Foster Crossing Palladium water line. STRATEGIC CONNECTIONS: This item supports the City of Anna Strategic Plan, specifically advancing the strategic outcome area: Resilient. ATTACHMENTS: 1. Canvas Impact Fee Agreement (signed) 2. Resolution - Impact Fee Reimbursement Agreement - Canvas CITY OF ANNA, TEXAS RESOLUTION NO. _______________ A RESOLUTION OF THE CITY OF ANNA, TEXAS AUTHORIZING THE CITY MANAGER TO EXECUTE AN IMPACT FEE REIMBURSEMENT AGREEMENT WITH CANVAS ANNA OWNER, LLC FOR THE DESIGN AND CONSTRUCTION OF PUBLIC ROADWAY AND WATER SYSTEM IMPROVEMENTS, IN A FORM APPROVED BY THE CITY ATTORNEY; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, Leonard Avenue is shown in the Master Thoroughfare Plan for the City of Anna, Texas as a major arterial; and, WHEREAS, the City has identified the Leonard Avenue improvement roadway project as a critical infrastructure project for the City; and, WHEREAS, a 12-inch water main is shown in the Water System Master Plan along both Leonard Avenue and East Foster Crossing for the City of Anna, Texas as a public water main; and, WHEREAS, the City has identified the 12-inch water project as a critical infrastructure project for the City; and, WHEREAS, Canvas Anna Owner, LLC agrees to provide the engineering design and construction for the Roadway Project and the Water Project as generally described above and within the Impact Fee Reimbursement Agreement, subject to Roadway Impact Fee and Water Impact Fee reimbursement from the City of Anna; and, NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS THAT: Section 1.Recitals Incorporated The recitals above are incorporated herein as if set forth in full for all purposes. Section 2.Authorization of Payment and Funding. That the City Council of the City of Anna hereby authorizes the City Manager to execute the Impact Fee Reimbursement Agreement. That funding for the project shall come from Roadway Impact Fees and Water Impact Fees. PASSED AND APPROVED by the City Council of the City of Anna, Texas on this ___ day of ________ 2023. ATTEST: APPROVED: __________________________ __________________________ City Secretary, Carrie Land Mayor, Nate Pike Exhibit A (see attached Impact Fee Reimbursement Agreement) Item No. 7.c. City Council Agenda Staff Report Meeting Date: 8/8/2023 Staff Contact: Terri Doby AGENDA ITEM: Consider/Discuss/Action on a Resolution naming the date and place of a public hearing on the FY2023-2024 Budget. (Budget Manager Terri Doby) SUMMARY: Section 7.02 of the City Charter states that on or before the 15th day of August of the fiscal year, the City Manager must submit to the City Council a budget for the ensuing fiscal year; and at the Council meeting when the budget is submitted, the City Council must name the date and place of the public hearing on the budget. FINANCIAL IMPACT: Process to adopt the FY2023-2024 Budget. BACKGROUND: Texas Local Government Code 102.006 requires that a public hearing on the proposed budget be held the 15th day after the proposed budget is filed with the municipal clerk but before the date of the tax levy. STRATEGIC CONNECTIONS: This item supports the City of Anna Strategic Plan, specifically advancing the strategic outcome area: Excellent. ATTACHMENTS: 1. FY2024 Set Budget Public Hearing Resolution CITY OF ANNA, TEXAS RESOLUTION NO. A RESOLUTION OF THE CITY OF ANNA, TEXAS NAMING THE DATE AND PLACE OF A PUBLIC HEARING ON THE FY2023 – 2024 BUDGET. WHEREAS, Section 7.02 of the City of Anna, Texas (the “City”) Home Rule Charter (the “Charter”) states that on or before the 15th day of August of the fiscal year, the City Manager must submit to the City Council a budget for the ensuing fiscal year; and WHEREAS, Section 7.05 of the Charter further states that at the Council meeting when the budget is submitted, the City Council must name the date and place of the public hearing on the budget; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS, THAT: Section 1. Recitals Incorporated. The recitals above are incorporated herein as if set forth in full for all purposes. Section 2. Public Hearing on the Budget. The Council hereby sets September 5, 2023 at 6:00 p.m. as the date and time for the public hearing on the FY2023 - 2024 budget, said hearing to be held in the City of Anna Municipal Complex located at 120 West Seventh Street in Anna, Texas, 75409. The Council further directs that notice of the time and place of the public hearing be published in the official newspaper of the City as required in Section 7.05 of the Charter. PASSED AND APPROVED by the City Council of the City of Anna, Texas on this 8th day of August 2023. ATTESTED: _________________________ City Secretary Carrie L. Land APPROVED: _________________________ Mayor Nate Pike Item No. 7.d. City Council Agenda Staff Report Meeting Date: 8/8/2023 Staff Contact: Terri Doby AGENDA ITEM: Consider/Discuss/Action on a Resolution to propose a property tax rate of 0.510717 per $100 of property valuation for the City that the Council may adopt for the 2023 tax year and setting date and time for a public hearing on the tax rate. (Budget Manager Terri Doby) SUMMARY: After properties are appraised by the Collin County Appraisal District, the Collin County Tax Assessor-Collector calculates both the No-New-Revenue tax rate. the Voter-Approval tax rate, and the De Minimis tax rate for the City of Anna as the designated officer to complete the tax rate calculation forms created by the Texas Comptroller and to certify the calculations as accurate. No-New-Revenue tax rate: The No-New-Revenue tax rate is a calculated rate that would provide the taxing unit with the same amount of maintenance and operations property taxes on existing property as the previous year after taking into account changes in appraised value. If property values rise, the No-New-Revenue tax rate will go down and vice versa. The No-New-Revenue tax rate for FY2024 is $0.464353 per $100. Voter-Approval tax rate: The Voter-Approval tax rate provides the taxing unit with the same amount of maintenance and operations property taxes on existing property as the previous year plus a 3.5 percent increase for those operations, in addition to sufficient funds to pay debts in the coming year. If a taxing unit adopts a tax rate higher than the Voter-Approval tax rate, a tax rate approval election must be held on the November uniform election date. The Voter-Approval tax rate for FY2024 is $0.507024 per $100. De minimis rate: The De minimis rate is the rate equal to the sum of the taxing unit’s current debt rate, the no-new-revenue maintenance and operations rate, and the rate that when applied to a taxing unit’s current total value, will impose an amount of taxes equal to $500,000. The de minimis rate is an option for small cities with a population of 30,000 or less. The De Minimis rate for FY2024 is $0.510717 per $100. The proposed budget is supported by a tax rate of $0.510717. Under the Texas Property Tax Reform and Transparency Act of 2019, a city that adopts a rate exceeding the lower of the no- new-revenue tax rate or the voter-approval tax rate must hold one public hearing. The following table is a comparison between the proposed tax rate, last year's rate, the No-New-Revenue rate, the De Minimis rate and Voter-Approval tax rate. Proposed FY2024 Tax Rate $0.510717 per $100 Preceding FY2023 Tax Rate $0.539750 per $100 No-New-Revenue Tax Rate $0.464353 per $100 Voter-Approval Tax Rate $0.507024 per $100 De Minimis Tax Rate $0.510717 per $100 Approval of the attached Resolution would set $0.510717 as the Tax Year 2023 (FY2024) proposed rate. The Resolution also calls for the public hearing to be held on September 5, 2023 at 6:00 p.m. The public hearing notice will run in the Anna Melissa Tribune on August 17th. The Notice of Public Hearing must conform to the prescribed format from the Texas Comptroller’s office and contain how each member of the governing body voted on the proposed tax rate. FY2023 FY2024 Change Total tax rate (per $100 of value) $0.539750 $0.510736 $(0.029014) Average homestead taxable value $273,417 $315,578 $42,161 Tax on average homestead $1,475.77 $1,611.77 $136.00 Total tax levy on all properties $12,959,888 $16,017,815 $3,057,927 The budget and tax rate are scheduled for adoption at the September 12th Council meeting. FINANCIAL IMPACT: Process to adopt the Tax Year 2023 (FY2024) property tax rate. BACKGROUND: Texas Property Tax Code 26.04 requires that by August 7th or as soon thereafter as practicable, the designated officer shall submit the tax rates to the governing body. Texas Property Tax Code 26.05 requires that the governing body of a taxing unit may not adopt a tax rate that exceeds the lower of the voter-approval rate or the no-new-revenue rate until the governing body has held a public hearing on the proposed tax rate. Texas Property Tax Code 26.06 requires that the notice of public hearing contain the names of all members of the governing body, showing how each voted on the proposed tax rate, or if one or more members were absent, indicating the absences. STRATEGIC CONNECTIONS: This item supports the City of Anna Strategic Plan, specifically advancing the strategic outcome area: Excellent. ATTACHMENTS: 1. FY2024 Submit Proposed Tax Rate to Council Resolution CITY OF ANNA, TEXAS RESOLUTION NO. A RESOLUTION OF THE CITY OF ANNA, TEXAS NAMING THE PROPOSED TAX RATE THE COUNCIL MAY ADOPT FOR THE 2023 TAX YEAR AND SETTING THE DATES AND TIMES FOR PUBLIC HEARINGS ON THE TAX RATE WHEREAS, the Constitution for the State of Texas (the “State”) sets out the general requirements for truth-in-taxation provisions requiring political subdivisions of the State to inform citizens in their jurisdiction of changes in the property tax rate; WHEREAS, the City of Anna, Texas (the “City”) is a political subdivision of the State and is therefore subject to laws of the State; WHEREAS, Section 7.19 of the City Home Rule Charter (the “Charter”) states the City has power to levy, assess, and collect taxes of every character and type for any municipal purpose not prohibited by state of federal law; WHEREAS, the City Council (the “Council”) wishes to establish a proposed tax rate it may adopt; WHEREAS, the proposed tax rate exceeds the No-New-Revenue rate; WHEREAS, the Council wishes to hold a public hearing on the tax rate as stipulated in Texas Tax Code; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS THAT: Section 1. Recitals Incorporated. The recitals set forth above are incorporated herein for all purposes as if set forth in full. Section 2. Proposal of a proposed tax rate by the City of Anna The Council hereby proposes that the tax rate adopted by the City shall be $0.510717 per $100 of valuation. Section 3. Proposal of a proposed tax rate by the City of Anna The Council hereby sets September 5, 2023 at 6:00 p.m. as the date and time for the public hearing on the 2023 tax rate, said hearing to be held in the City of Anna Municipal Complex located at 120 West Seventh Street in Anna, Texas, 75409. The Council further directs that notice of the time and place of the public hearing be published in the official newspaper of the City as required in Texas Tax Code § 26.06 and other applicable law. PASSED AND APPROVED by the City Council of the City of Anna, Texas on this 8th day of August 2023. ATTESTED: _________________________ City Secretary Carrie L. Land APPROVED: _________________________ Mayor Nate Pike Item No. 7.e. City Council Agenda Staff Report Meeting Date: 8/8/2023 Staff Contact: Gregory Peters AGENDA ITEM: Consider/Discuss/Action on a Resolution rejecting all bids for the Downtown Street Expansion project. (Interim Assistant City Manager Greg Peters) SUMMARY: The City of Anna has an active Capital Improvement Plan project to construct improvements to streets, drainage, and utilities in the downtown area. The project was publicly advertised in the Anna-Melissa Tribune and sealed competitive bids were received on July 28, 2023 at 2pm in compliance with Local Government Code Chapter 252. The competitive sealed bids were opened on July 28, 2023, at approximately 2:05pm CST in the City Council Chambers at the City of Anna Municipal Complex, and three sealed bids were received for the project. One of the bids was received after the publicly noticed due time of 2:00pm. None of the bids received were within the adopted budget for the project as shown in the FY2022-2023 Budget. As such, staff recommends that all bids be rejected, and that the City conduct a value-engineering process and create bid alternates for the project scope. The City will then re-bid the project within the next 30 days. If approved, the City will re-bid the project in the next 30 days and bring the lowest qualified bid to the City Council for award at the City Council meeting following the bid opening date. FINANCIAL IMPACT: This item has no financial impact. The project budget was $2,200,000. All bids received were significantly higher than the project budget. BACKGROUND: The Paving, Drainage, and Utility Improvements to 5th, 7th, and Riggins Project is identified as a Community Investment Program construction project in the City of Anna, Texas. STRATEGIC CONNECTIONS: This item supports the City of Anna Strategic Plan, specifically advancing the strategic outcome area: Resilient. ATTACHMENTS: 1. Resolution - Reject Downtown Street Bids CITY OF ANNA, TEXAS RESOLUTION NO. _______________ A RESOLUTION OF THE CITY OF ANNA, TEXAS REJECTING ALL BIDS RECEIVED FOR THE PAVING, DRAINAGE, AND UTILITY IMPROVEMENTS TO 5TH, 7TH, AND RIGGINS STREET PROJECT AT THE BID OPENING ON JULY 28, 2023; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the Paving, Drainage, and Utility Improvements to 5th, 7th, and Riggins Project is identified as a Community Investment Program construction project in the City of Anna, Texas; and, WHEREAS, the project was publicly advertised in the Anna-Melissa Tribune and sealed competitive bids were received on July 28, 2023 at 2pm in compliance with Local Government Code Chapter 252, “Purchasing and Contracting Authority of Municipalities;” and, WHEREAS, competitive sealed bids were opened on July 28, 2023, at approximately 2:05pm CST in the City Council Chambers at the City of Anna Municipal Complex, and three sealed bid were received for the project; and, WHEREAS, one of the bids was received after the publicly noticed due time of 2:00pm; and, WHEREAS, no bids were received which were within the project budget identified in the Fiscal Year 2022-2023 Budget; and, WHEREAS, the City Council determined that it is in the best interest of the City to reject all bids and re-bid the project in its entirety following a value-engineering process and the creation of bid alternates; and, NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS THAT: Section 1.Recitals Incorporated The recitals above are incorporated herein as if set forth in full for all purposes. Section 2.Authorization of Payment and Funding. That the City Council of the City of Anna hereby rejects all bids received at the July 28, 2023 bid opening for the Paving, Drainage, and Utility Improvements to 5th, 7th, and Riggins Project. That the City Council further directs the City Manager to direct the design team to complete a value engineering process for the project, create bid alternates where possible, and re-bid the project in a form approved by the City Attorney. PASSED AND APPROVED by the City Council of the City of Anna, Texas on this ___ day of August 2023. ATTEST: APPROVED: __________________________ __________________________ City Secretary, Carrie Land Mayor, Nate Pike