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HomeMy WebLinkAboutRes 2024-01-1587 Development Agreement with Anacapri Laguna Azure LLC (AnaCapri)CITY OF ANNA, TEXAS RESOLUTION NO. ;Z0 o2Li -G 1 - 15 9:7- A RESOLUTION OF THE CITY OF ANNA, TEXAS APPROVING A DEVELOPMENT AGREEMENT WITH ANACAPRI LAGUNA AZURE LLC RELATING TO DEVELOPMENT AND DESIGN REGULATIONS FOR A MUTI-USE DEVELOPMENT GENERALLY LOCATED ON THE EAST AND WEST SIDES OF FUTURE FERGUSON PARKWAY, NORTH OF HACKBERRY DRIVE, AND SOUTH OF MANTUA ROAD. WHEREAS, Anacapri Laguna Azure, LLC is the Property Owner of real estate generally located on the east side of Ferguson Parkway, north and south of Rollins Road, and the southeast and southwest intersection of Mantua Road and Ferguson Parkway; and WHEREAS, the property is zoned Planned Development (Ord. No. 887-2020) to allow for a predominantly residential development that would include a mixture of residential types and supporting commercial zoning; and WHEREAS, Property Owners have agreed to development and design regulations; 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 The City Council hereby approves the Development Agreement with Anacapri Laguna Azure, LLC attached hereto as Exhibit A and ratifies and approves the City Manager's execution of the same. The City Manager is hereby authorized to execute all documents and take all other actions necessary to finalize, act under and enforce the Agreement. PASSED by the City Council of the City of Anna, Texas, on this 23rd day of January 2024. r_llmr:mg:l l Carrie L. 1913 Miller, Mayor Pro Tern DEVELOPMENT AGREEMENT This Development Agreement (this "Agreement") is entered effective as of January 23, 2024 ("Effective Date") between and among the City of Anna, Texas, a Texas home -rule municipality ("City") and Anacapri Laguna Azure, LLC,("Property Owner") as follows: RECITALS WHEREAS, the Property Owners are the sole owner of 232.99 acres of real property described in Exhibit 1 and depicted on Exhibit 2, (the "Property"); and, WHEREAS, the property was previously rezoned to Planned Development (Ord. No. 887- 2020); and, WHEREAS, the City and Property Owner previously entered into a development agreement (Resolution No. 2020-12-831) to establish development and design regulations to ensure that future development is appropriate for the area and fits in well with adjacent properties; and, WHEREAS, it is the Parties' mutual intent that this agreement shall govern only the subject matter specifically set forth herein and shall supersede provisions of Anna City Code of Ordinances and other regulations and adopted policies of the City (collectively, "City Regulations") only to the extent that any such City Regulations directly conflict with the terns of this development agreement; and, NOW, THEREFORE, in consideration of the above recitals and the mutual consideration as reflected in the covenants, duties and obligations contained herein, the sufficiency of which is hereby acknowledged, the Parties hereto agree as follows, effective as of the Effective Date: SECTION 1. RECITALS INCORPORATED. The recitals set forth above are incorporated herein as if set forth in full to further describe the Parties' intent under this development agreement and said recitals constitute representations by Property Owners, Developer, and the City. SECTION 2. DEVELOPMENT STANDARDS / BUILDING MATERIALS. With respect to all structures/development within the PD-MU Zoning District, Property Owner agrees to comply or to cause the builders to comply and any other successors or assigns to comply with all City Regulations and with the masonry material requirements and all other requirements of the Anna City Code of Ordinances, Article 9.04 Zoning Ordinance, Section 9.04.034 Supplementary District Regulations, Subsection (e) Architectural Design Standards and with the following standards (in the event of any conflict, the following listed standards shall govern). Nonresidential Buildings A. Buildings shall utilize the architectural style and materials of Caribbean architecture in accordance with Exhibit 3. B. Where the function of an individual business, or the recognized identity of a brand dictates a specific style, image, or building material associated with that company, the masonry provision may be modified; however, the development shall maintain harmony in terms of overall project design and appearance, and such design shall be subject to approval by the City Council after recommendation from the Planning & Zoning Commission. Multiple -Family Residence Buildings A. All multi -family buildings and structures shall have at least sixty percent (60%), for the first three stories of the total exterior walls above grade level, excluding doors and windows, and recessed balcony areas (should be allowed as plane break), constructed of masonry (brick/rock veneer) materials with no more than forty percent (40%) consisting of cementitious siding (Hardie products) or stucco materials. B. A maximum of 10% of any exposed exterior wall may consist of EIFS C. Roofing materials for buildings and structures must be architectural roof shingles, said shingles shall be accompanied with a minimum 25-year warranty. Under no circumstance shall three -tab shingles be used as roofing material. Single -Family Residence Buildings (SF-60 and SF-Z) A. Except as noted below, the exterior walls (excluding windows and doors) on the first -floor front elevation of any structure shall be 90 percent masonry and 80 percent on the second -floor front elevation. The total cumulative surface area of the remaining exterior walls (excluding windows and doors) shall be 80% masonry. B. A maximum of 10% of any exposed exterior wall may consist of EIFS. C. Second floor Dutch gable roof elements are not required to be masonry if set back at least 3 feet from the first -floor front elevation vertical plane. D. The masonry standards that apply to the front elevation of a structure as described in subsection (A) above shall also apply to any exterior walls on a structure that are: (i) adjacent to and face a public street or right-of-way; or (ii) visible from and located immediately adjacent to a public park, reserved open space or neighborhood common area, or an undeveloped flood hazard or drainage area that is also adjacent to a public street. E. Roofing materials of a structure may only consist of architectural asphalt shingles (including laminated dimensional shingles), clay and concrete tile, metal shingles, mineral -surfaced row roofing, slate and slate -type shingles, wood shingles, wood shakes or an equivalent or better product as compared with said materials. Should architectural shingles be used as roofing material, said shingles shall be accompanied with a minimum 25-year warranty. Under no circumstance shall three -tab shingles be used as roofing material. F. Garages 1) All garage doors must be: i. Wood clad (or equivalent) garage doors, ii. Wood composite doors, or iii. Embossed single metal garage door with an appearance and/or color similar to a wood door as depicted in Exhibit 4. 2) All garage doors shall contain at least two of the following enhancements: i. Two single garage doors (in lieu of double doors); ii. Decorative windows; iii. Decorative hardware; iv. Garage door recessed a minimum of 12 inches from the garage face; v. Cast stone surround. vi. Eight -foot tall garage doors. G. All doors on the font facade of a residence shall be constructed of wood, iron, glass, and/or architectural fiberglass. SECTION 3. NOTICES. Any and all notices required to be given by either of the parties hereto must be in writing and will be deemed delivered upon personal service, if hand -delivered, or when mailed in the United States mail, certified, return receipt requested, addressed as follows: To City: City Manager City of Anna 120 W 7t' Street Anna, Texas 75409 To Property Owner(s): ANACAPRI LAGUNA AZURE, LLC 5560 Tennyson Parkway Suite 250 Plano, TX, 75024 SECTION 4. MODIFICATIONS OR TERMINATION. This Agreement may only be modified and/or terminated as follows: (a) by mutual written agreement of Property Owner and City; and/or (b) unilaterally by City upon default of the Property Owner. SECTION 5. DEFAULT. If Property Owner, its heirs, successors or assigns or subsequent owners of the Property, fail to fully comply with all the terms and conditions included in this Agreement (the "Defaulting Owner"), City will have the following non-exclusive and cumulative remedies. A. Withholding of utilities or withholding or revocation of permits and other approvals required for development and use of the portion of the Property that is the subject of the default (but no other portions of the Property) including without limitation building permits and certificates of occupancy. B. The Defaulting Owner, or its heirs, successors or assigns, or subsequent owners of the Property (collectively, the "Defaulting Developer Parties") shall be liable to pay to the City the sum of $2,000 for each failure to fully comply with the development standards set forth in Section 3 of this Agreement. The Defaulting Developer Parties shall be liable to pay the City said $2,000 sum per day for each day that such failure to comply occurs. The sums of money to be paid for such failure(s) is not to be considered as a penalty, but shall be deemed, taken and treated as reasonable liquidated damages that accrue per day that such a failure shall exist or occur. The said amounts are fixed and agreed upon by the parties because of the impracticability and extreme difficulty of fixing and ascertaining the actual damages the City in such event would sustain; and said amounts are agreed to be the amounts of damages which the City would sustain. Notwithstanding the foregoing, none of the Defaulting Developer Parties shall be liable to pay the liquidated damages that accrue under this paragraph unless there is a breach of any material term or condition of this Agreement and such breach remains uncured after forty-five (45) calendar days following receipt of written notice from the City provided in accordance with this Agreement describing said breach in reasonable detail (or, if the cure of the breach has diligently and continuously been undertaken but reasonably requires more than forty-five (45) calendar days to cure, then such additional amount of time as is reasonably necessary to effect the cure, as determined by both Parties mutually and in good faith but in no event shall such additional period exceed 120 days unless agreed to in writing by the parties to this Agreement). In the event of a breach that is not timely cured in accordance with this paragraph, the sum of liquidated damages shall be calculated to include each and every day of the occurrence of the breach beginning on the date that the City first provided written notice of such breach under this paragraph and the City shall not be required to provide a subsequent written notices as to subsequent dates or times during which such breach is repeated or continues to occur. C. In the event of a default, the non -defaulting party will additionally have any and all remedies available to it at equity or in law. SECTION 6. BINDING ON SUCCESSORS, AGREEMENT RUNS WITH THE LAND. Except as otherwise provided for herein, this Agreement will be binding upon and inure to the benefit of the parties' respective successors, assigns and personal representatives. This Agreement will run with the land and be binding on all subsequent Property Owners. SECTION 7. INDEMNIFICATION AND HOLD HARMLESS. THE DEVELOPER, INCLUDING ITS SUCCESSORS AND ASSIGNS (THE "INDEMNIFYING PARTY"), HEREBY COVENANTS AND AGREES TO RELEASE, DEFEND, HOLD HARMLESS, AND INDEMNIFY THE PROPERTY OWNERS AND THE CITY AND ITS OFFICERS, 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 LIMITATION REASONABLE ATTORNEY'S FEES, RELATED EXPENSES, EXPERT WITNESS FEES, CONSULTANT FEES, AND OTHER COSTS, ARISING OUT OF THE NEGLIGENCE OR OTHER WRONGFUL CONDUCT OF THE INDEMNIFYING PARTY, INCLUDING THE NEGLIGENCE OR OTHER WRONGFUL CONDUCT OF ANY OF ITS EMPLOYEES, CONTRACTORS, SUBCONTRACTORS, MATERIAL MEN, AND AGENTS, IN CONNECTION WITH THE DESIGN OR CONSTRUCTION OF ANY PUBLIC INFRASTRUCTURE, STRUCTURES, OR OTHER FACILITIES OR IMPROVEMENTS THAT ARE REQUIRED OR PERMITTED UNDER THIS AGREEMENT AND/OR CITY REGULATIONS AND/OR ANY APPLICABLE DEVELOPMENT STANDARDS AND/OR ANY OTHER GOVERNING REGULATIONS; AND IT IS EXPRESSLY UNDERSTOOD THAT SUCH CLAIMS SHALL, 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 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 INDEMNIFYING PARTY AND THE CITY, THE INDEMNIFYING PARTY'S INDEMNITY OBLIGATION WILL BE LIMITED TO A FRACTION OF THE TOTAL CLAIMS EQUIVALENT TO THE INDEMNIFYING PARTY'S OWN PERCENTAGE OF RESPONSIBILITY. THE INDEMNIFYING PARTY FURTHER COVENANTS AND AGREES TO RELEASE, DEFEND, HOLD HARMLESS, AND INDEMNIFY, THE CITY AGAINST ANY AND ALL CLAIMS BY ANY PERSON CLAIMING AN OWNERSHIP INTEREST IN THE PROPERTY AS OF THE DATE HEREOF WHO HAS NOT SIGNED THIS AGREEMENT IF SUCH CLAIMS RELATE IN ANY MANNER OR ARISE IN CONNECTION WITH: (1) THE CITY'S RELIANCE UPON 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 APPLICATION OR SUBMISSION WITH RESPECT TO THE PROPERTY. At no time shall the City have any control over or charge of the design, construction or installation of any of the improvements to the Property or related work or undertakings, nor the means, methods, techniques, sequences or procedures utilized for the design, construction or installation related to same. This Agreement does not create a joint enterprise or venture between the City and any of the Indemnified Parties. This Section 8 will survive the termination of this Agreement. SECTION 8. RECORDATION. The parties may record this document in the property records of Collin County on or after one (1) business day after City Council approval. SECTION 9. ENTIRE AGREEMENT. This Agreement is the entire agreement of the parties regarding the subject matter hereto. SECTION 10. RECITALS AND EXHIBITS. The recitals herein and exhibits attached hereto are hereby incorporated by reference. SECTION 11. AUTHORITY. Property Owner represents and warrants to the City that the Property Owner owns the Property that this Agreement is binding and enforceable on the Property. SECTION 12. INVALID PROVISIONS. If any provision of this Agreement is held not valid, such provision will be deemed to be excised there from and the invalidity thereof will not affect any of the other provisions contained herein. SECTION 13. EFFECTIVE DATE. This Agreement will be effective upon the Effective Date first stated herein. [SIGNATURES TO FOLLOW] CITY OF In City Manager IN WITNESS WHEREOF: STATE OF TEXAS COUNTY OF COLLIN Before me, the undersigned notary public, on the �4 day of i 0.nU , 2024, appeared ' an known to m ' e (or proved to me) to be the person whose nameubscribed to the foregoi g�nstru an acknowledged to me that he executed the same in his capacity as City Manager of the City of Anna, Texas. CJEOVANNA RUBIO Notary Public, State of Texas = _i;' �: Notary Public. State of Texas =W. = Comm. Expires 10-03-2026 OF Notary ID 133995676 ANACAPRI LAGUNA AZURE, LLC a Texas limited partnership, By: ANACAPRI LAGUNA AZURE, LLC, Managing Partner in Name, title IN WITNESS WHEREOF: STATE OF COUNTY OF Before me, the undersigned notary public, on the _ day of 2024, appeared , known to me (or proved to me) to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he/she executed the same in his/her capacity as managing member of ANACAPRI LAGUNA AZURE, LLC in its capacity as managing partner of Anacapri Laguna Azure, LLC, a Texas limited partnership. Notary Public, State of EXHIBIT Ail It PROPERTY DESCRIPTION Anacapri, Phase 1 B — 38.822 acres Ancapri, Phase 1 C—14.717 acres Anacapri, Phase 2 — 66.262 acres Anacapri, Phase 3 — 48.585 acres Anacapri, Phase 4 — 64.604 acres Anacapri Laguna, Block A, Lot 3 (Amenity Center) — 9.418 acres Anacapri Laguna, Block A, Lot 4 (Multifamily) — 9.425 acres Anacapri Laguna, Block A, Lot 5 (Multifamily) — 21.042 acres EXHIBIT " 2" ANACAPRI PHASES A i 1 A� _ Hackberry Dr �J EXHIBIT "3" ARCHITECT'S LETTER REGARDING THE BUILDING MATERIALS AND STYLE ARCHITECTS 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. a '7 1 A AL Ld I �* �Zc INLI.rAW' 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 I Addison, TX 75001 P 214.520.8878 X104 I C 214.914.9723 =595 EQ EL PAPKFVA, ,1DDISON. TO/15 "001 i 1=1 78 EXHIBIT "4" EXAMPLE GARAGE DOOR