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15-11 - RTOWN OF PROSPER, TEXAS RESOLUTION NO. 15-11 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS, AUTHORIZING THE TOWN MANAGER OF THE TOWN OF PROSPER, TEXAS, TO EXECUTE THE INTERLOCAL AGREEMENT BETWEEN THE TOWN OF PROSPER AND DENTON COUNTY FRESH WATER SUPPLY DISTRICT NO. 10 FOR THE REDUCTION AND RELEASE OF DESIGNATED PORTIONS OF THE TOWN OF PROSPER'S EXTRATERRITORIAL JURISDICTION, AND DEVELOPMENT AGREEMENT BETWEEN THE TOWN OF PROSPER AND CHS SAVANNAH, L.P., AS MORE FULLY DESCRIBED HEREIN, AND TAKE ANY AND ALL OTHER ACTIONS NECESSARY TO EFFECTUATE THE SAME, INCLUDING THE TOWN COUNCIL'S CONSENT TO SAME; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, CHS Savannah, L.P., is a real estate development company that is developing a portion of the property contained in Denton County Fresh Water Supply District No. 10, consisting of 61.003 acres, more or less, in the extraterritorial jurisdiction ("ETJ") of the Town of Prosper, Texas ("Prosper"), which property is more particularly described in the Interlocal Agreement Between the Town of Prosper and Denton County Fresh Water Supply District No. 10 for the Reduction and Release of Designated Portions of the Town of Prosper's Extraterritorial Jurisdiction, and Development Agreement Between the Town of Prosper and CHS Savannah, L.P. ("Agreement"), attached hereto as Exhibit A and incorporated by reference; and WHEREAS, Section 42.023 of the Texas Local Government Code authorizes Prosper to enter into an agreement to reduce its ETJ; and WHEREAS, Prosper, Denton County Fresh Water Supply District No. 10 and CHS Savannah, L.P., have negotiated the attached Agreement and all pertinent matters related thereto have been fully addressed by each of them. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS, THAT: SECTION 1 All of the above premises are found to be true and correct and are incorporated into the body of this Resolution as if copied in their entirety. SECTION 2 The Town Manager of the Town of Prosper, Texas, is hereby authorized to execute the "Interlocal Agreement Between the Town of Prosper and Denton County Fresh Water Supply District No. 10 for the Reduction and Release of Designated Portions of the Town of Prosper's Extraterritorial Jurisdiction, and Development Agreement Between the Town of Prosper and CHS Savannah, L.P.," and take any and all other actions necessary to effectuate the same. This Resolution shall constitute consent to the terms and conditions contained in said Agreement. SECTION 3 This Resolution is effective immediately upon its passage. DULY PASSED AND APPROVED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS, THIS 10TH DAY OF FEBRUARY, 2015. Ray Smith, Mayor ATTEST; wn S' Robyn Ciat� , To" retarys APPROVE�6 AS TO FORM AND LEGALITY: Terrence S. Welch, Town Attorney Resolution No. 15-11, Page 2 EXHIBIT A (Interlocal Agreement Between the Town of Prosper and Denton County Fresh Water Supply District No. 10 for the Reduction and Release of Designated Portions of the Town of Prosper's Extraterritorial Jurisdiction, and Development Agreement Between the Town of Prosper and CHS Savannah, L.P.) Resolution No. 15-11, Page 3 1��II9q@�Ap CI9��tlUm�9� 31119 Recorded On: March 27, 2015 Parties: TOWN OF PROSPER TO Comment: Denton County Juli Luke County Clerk Denton, TX 76202 Instrument Number: 2015-31119 As Agreement Parties listed above are for Clerks reference only THIS IS NOT A BILL Agreement 82.00 Total Recording: 82.00 Billable Pages: 15 Number of Pages: 15 DO NOT REMOVE. THIS PAGE IS PART OF THE INSTRUMENT Any provision herein which restricts the sale, Rental or use of the described REAL PROPERTY because of color or race is invalid and unenforceable under federal law. File Information: Record and Return To: Document Number: 2015-31119 TOWN OF PROSPER Receipt Number: 1268460 PO BOX 307 Recorded Date/Time: March 27, 2015 04:46:03P PROSPER TX 75078 User / Station: C Robinson - Cash Station I THE STATE OF TEXAS �t� COUNTY OF DENTON} I hereby certify that this Instrument was FILED In the File Number sequence on the date/time .1 printed heron, and was duty RECORDED In the Official Records of Denton County, Texas. foo Juli Luke County Clerk Denton County, Texas After Recorrtlna Return to: Town Secretary Town of Prosper, Texas P.O. Box 307 Prosper, Texas 75078 INTERLOCAL AGREEMENT BETWEEN THE TOWN OF PROSPER AND DENTON COUNTY FRESH WATER SUPPLY DISTRICT NO. 10 FOR THE REDUCTION AND RELEASE OF DESIGNATED PORTIONS OF THE TOWN OF PROSPER'S EXTRATERRITORIAL JURISDICTION, AND DEVELOPMENT AGREEMENT BETWEEN THE TOWN OF PROSPER AND CHS SAVANNAH, L.P. THIS INTERLOCAL AGREEMENT BETWEEN THE TOWN OF PROSPER AND DENTON COUNTY FRESH WATER SUPPLY DISTRICT NO. 10 FOR THE REDUCTION AND RELEASE OF DESIGNATED PORTIONS OF THE TOWN OF PROSPER'S EXTRATERRITORIAL JURISDICTION, AND DEVELOPMENT AGREEMENT BETWEEN THE TOWN OF PROSPER AND CHS SAVANNAH, L.P. ("Agreement") is entered into to be effective on the date that the last approving Party executes the Agreement, (1) under and in accordance with the provisions of the Interlocal Cooperation Act, Chapter 791, Texas Government Code, by and between the TOWN OF PROSPER, TEXAS, a home -rule municipality ("Prosper" or the "Town") and DENTON COUNTY FRESH WATER SUPPLY DISTRICT NO. 10 (the "District"), a political subdivision of the State of Texas operating under the provisions of Article XVI, Section 59 and Article III, Section 52 of the Texas Constitution and Chapters 49, 51, and, for limited purposes, 53, Texas Water Code, as amended, and (2) under and in accordance with the provisions of Section 212.172 of the Texas Local Government Code, by and between the Town and CHS Savannah, L.P. ('Developer"). Prosper, the District and Developer are sometimes referred to collectively as the "Parties" or individually as a "Party." ARTICLE ONE RECITALS 1.1 WHEREAS, the Interlocal Cooperation 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 1.2 WHEREAS, Texas Local Government Code section 42.023 authorizes Prosper to reduce its extraterritorial jurisdiction ("ETJ') by ordinance or resolution; and Texas Local Government Code section 212.172 authorizes Prosper to make a written contract with an owner of land that is located in the Prosper ETJ to guarantee the continuation of the extraterritorial jurisdiction of the land and its immunity from annexation; authorize enforcement by Prosper of certain development and land use regulations; and address other lawful terms and considerations Prosper and Developer consider appropriate; and INTERLOCAL AGREEMENT FOR RELEASE OF ETJ AND DEVELOPMENT AGREEMENT—Page 1 PO 1.3 WHEREAS, Developer is the owner of an approximate 61.003 acre tract of land located north of Fishtrap Road, west of FM 1385 and north of, and contiguous to, District territory, said tract more particularly described in Exhibit A, attached hereto and incorporated herein for all purposes (the "Tract"), and which is located in Prosper's ETJ; and 1.4 WHEREAS, Prosper has determined that it is in the best interests of Prosper to release a portion of the Tract under the terms and conditions set forth in this Agreement; and 1.5 WHEREAS, it is anticipated that Developer shall develop the lots in the Tract which is the subject of this Agreement; and 1.6 WHEREAS, Developer agrees to be subject to the terms and conditions of this Agreement, and that such terms and conditions shall run with the land and be binding on any future successors or assigns of Developer. NOW, THEREFORE, this Agreement is made and entered into by Prosper, the District and Developer, upon and for the mutual consideration hereinafter stated, which entities hereby agree and understand as follows: ARTICLE TWO REPRESENTATIONS/CONSIDERATIONS 2.1 Representations. (A) The Parties believe that the Recitals set forth above are true and correct in all material respects and are hereby incorporated into the body of this Agreement as though fully set forth in their entirety herein. (B) Each of the Parties acknowledges and agrees that it has the requisite power and authority to enter into this Agreement; that this Agreement has been duly authorized and approved by its respective governing body; and that the person executing the Agreement on its behalf has been duly authorized to do so. 2.2 Consideration and benefits consideration. The Parties acknowledge and agree that the obligations, rights provided herein are mutual and supported by adequate INTERLOCAL AGREEMENT FOR RELEASE OF ETJ AND DEVELOPMENT AGREEMENT—Page 2 ARTICLE THREE SPECIFIC TERMS 3.1 Prosper's Attornev Fees. The Developer agrees to pay to Prosper any attorney's fees charged to Prosper by Prosper's legal counsel for, among other things, legal review and revision of this Agreement and all further agreements, ordinances or resolutions contemplated by this Agreement, negotiations and discussions with the Developer's attorney, the District's attorney and the provision of advice to applicable Prosper Town Staff and the Prosper Town Council, in an amount not to exceed $5,000.00 within ten (10) days upon receipt of an invoice of same from Prosper. 3.2 Transaction Fee. The Developer agrees to pay to Prosper a transaction fee of $1,300.00 per acre, as consideration for Prosper's release of the Tract, for a total amount of $79,304.00. This fee shall be paid contemporaneously with or before the release of the Tract from Prosper's ETJ. 3.3 Development BuiGldinau Restrictions. Developer agrees to restrict Developer's use and development of the Tract in accordance with the provisions of this Section 3.3. Prosper agrees that it will require the District, and the District, to the extent permissible under Texas law, and Developer so agree, to restrict the District's/Developer's use and development of the Tract as follows: (A) The average density within the Tract shall not exceed 4.25 single family dwelling units per gross acre. (B) Multifamily residential dwelling units shall not be permitted within the Tract. (C) Within the Tract, the exterior facades of a main building or structure, excluding glass windows and doors, shall be constructed of ninety percent (90%) masonry (as defined below). For purposes of this Paragraph, "masonry" shall mean clay fired brick, natural and manufactured stone, granite, marble, stucco and architectural concrete block. Masonry shall also include cementatious fiber board; however, cementatious fiber board used as the primary fagade cladding material will be limited to a maximum of sixty percent (60%) of the homes constructed. Cementatious fiber board may not be used as a facade cladding material for portions of upper stories that are in the same vertical plane as the first story, if other masonry material is used on the first story (i.e., brick or stone on first story, and cementatious fiber board on upper stories in same plane will not be allowed). Cementatious fiber board may also be used for architectural features, including window box -outs, bay windows, room dormers, garage door headers, columns, chimneys not part of an exterior wall, or other architectural features. The remaining ten percent (10%) of the exterior INTERLOCAL AGREEMENT FOR RELEASE OF ETJ AND DEVELOPMENT AGREEMENT—Page 3 PWh facades of a main building or structure, excluding glass windows and doors, shall not be wood, vinyl or EIFS. (D) At least ten percent (10%) of the total acreage of the Tract (6.1 acres) shall be provided for Common Areas and Open Space. (E) Utility and paving design specifications shall comply with the requirements and guidelines of the North Central Texas Council of Governments, Texas Commission on Environmental Quality, Texas Department of State Health Services, Upper Trinity Regional Water District, Denton County and Mustang Water Supply Corporation as they exist at the time of construction of any buildings on the Tract. (F) All drainage facilities shall be designed and constructed with capacity sufficient to carry storm water flows for a 100 -year storm, as required by Denton County regulations, as they now exist or may be amended. (G) Fire hydrants and fire lanes shall be installed in all developments on the Tract, in accordance with all State of Texas requirements. Water service shall meet minimum State fire flow requirements for residential and commercial development, as applicable. (H) The District shall maintain plans and drawings of utilities, streets and drainage facilities for all District operating systems. The District agrees to allow the Town, or its designated engineer, reasonable access to the drawings, as requested by the Town. ARTICLE FOUR RELEASE OF ETJ TO THE DISTRICT; ETJ STRIP TO REMAIN 4.1 Release of ETJ. Prosper agrees that, upon the Effective Date of this Agreement, concurrent with the adoption of a Town Resolution authorizing the execution of this Agreement, with the exception of the ETJ Strip (hereinafter defined), the Tract is released from Prosper's ETJ, thereby reducing Prosper's ETJ. Notwithstanding any matter in this Agreement, this Agreement shall not affect or otherwise change any Prosper corporate limits or Prosper ETJ except as specifically set forth herein. This Agreement shall not inure to the benefit of any party not a signatory to this Agreement. 4.2 ETJ Strip. The Town, Developer and District specifically acknowledge and agree that Prosper shall retain a one -foot (1') strip of its ETJ along, inside and adjacent to the perimeter of the Tract ("ETJ Strip"), and that Prosper shall have no obligation to maintain or provide any municipal services to or in said ETJ Strip. INTERLOCAL AGREEMENT FOR RELEASE OF ETJ AND DEVELOPMENT AGREEMENT—Page 4 FA 4.3 Jurisdictional Status. The ETJ Strip shall remain in the Prosper ETJ and shall be immune from full purpose annexation by Prosper until January 1, 2040, unless otherwise agreed by the parties. ARTICLE FIVE REMEDIES UPON DEFAULT It is not intended hereby to specify (and this Agreement shall not be considered as specifying) an exclusive remedy for any default, but all such other remedies (other than termination) existing at law or in equity may be availed of by either Party hereto and shall be cumulative. However, recognizing that each Party's undertakings hereunder are obligations, failure in the performance of which cannot be adequately compensated in money damages alone, each Party agrees, in the event of any default on its part, that the other Party shall have available to them the equitable remedy of mandamus and specific performance in addition to any other legal and equitable remedies (other than termination) which may also be available. No waiver or waivers of any breach or default (or any breaches or defaults) by either Party hereto or of performance by the other Party of any duty or obligation hereunder shall be deemed a waiver thereof in the future, nor shall any such waiver or waivers be deemed or construed to be a waiver of subsequent breaches, defaults of any kind, character or description, under any circumstances. ARTICLE SIX INDEMNIFICATION 6.1 TO THE EXTENT ALLOWED BY LAW, EACH PARTY AGREES TO 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, OR 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. 6.2 THIS ARTICLE SIX SHALL SURVIVE THE TERMINATION OF THIS AGREEMENT. INTERLOCAL AGREEMENT FOR RELEASE OF ETJ AND DEVELOPMENT AGREEMENT—Page 5 p LA ARTICLE SEVEN GENERAL PROVISIONS 7.1 Term of Aweernent. This Agreement shall be deemed effective on and from the date that this Agreement is approved by the Prosper Town Council, the District's Board of Directors and Developer ("Effective Date"), whichever approval occurring last being deemed the Effective Date. 7.2 Modification. No change, amendment or modification of this Agreement shall be made or be effective except by means of written agreement executed by the Parties hereto. 7.3 Addresses and Notice. Unless otherwise provided herein, any notice, communication, request, reply or advise (herein severally and collectively, for convenience, called "Notice") herein provided or permitted to be given, made or accepted by either Party to any other Party must be in writing and may be given or be served by depositing the same in the United States mail postpaid and registered or certified and addressed to the Party to be notified, with return receipt requested, or by delivering the same to an officer of such Party, or by prepaid telegram when appropriate, addressed to the Party to be notified. Notice deposited in the mail in the manner described above shall be conclusively deemed to be effective, unless otherwise stated herein, from and after the expiration of three (3) days after it is so deposited. Notice given in any other manner shall be effective only if and when received by the Party to be notified. For any purposes of notice, the addresses of the Parties shall, until changed as hereinafter provided, be as follows: If to Prosper, to: Town of Prosper P.O. Box 307 Prosper, Texas 75078 Attention: Town Manager If to the District, to: Denton County Fresh Water Supply District No. 10 Attn: President c/o Crawford & Jordan LLP 19 Briar Hollow Lane, Suite 245 Houston, Texas 77027 If to the Developer, to: CHS Savannah, L.P. Attn: Phillip W. Huffines 8200 Douglas Avenue, Suite 300 Dallas, Texas 75225 The Parties hereto shall have the right from time to time and at any time to change their respective addresses and each shall have the right to specify as its INTERLOCAL AGREEMENT FOR RELEASE OF ETJ AND DEVELOPMENT AGREEMENT—Page 6 pw� address any other address by at least fifteen (15) days' written notice to the other Party hereto. 7.4 Representations. Each signatory represents this Agreement has been read by the Party for which this Agreement is executed and that each Party has had an opportunity to confer with its counsel. 7.5 No Third Partv Beneficiaries. Nothing in this Agreement shall be construed to create any right in any third party not a signatory to this Agreement, and the Parties do not intend to create any third party beneficiaries by entering into this Agreement. 7.6 State or Federal Laws, Rules, Orders or Regulations, This Agreement is subject to all applicable Federal and State law, as they exist, may be amended or in the future arising, and any applicable permits, ordinances, rules, orders and regulations of any local, State or Federal governmental authority having or asserting jurisdiction, but nothing contained herein shall be construed as a waiver of any right to question or contest any such law, ordinance, order, rule or regulation in any forum having jurisdiction. 7.7 Savinns/Severability. The Parties hereto specifically agree that in case any one or more of the sections, subsections, provisions, clauses or words of this Agreement or the application of such sections, subsections, provisions, clauses or words to any situation or circumstance shall be, or should be held to be, for any reason, invalid or unconstitutional, under the laws or constitutions of the State of Texas or the United States of America, or in contravention of any such laws or constitutions, such invalidity, unconstitutionality or contravention shall not affect any other sections, subsections, provisions, clauses or words of this Agreement or the application of such sections, subsections, provisions, clauses or words to any other situation or circumstances, and it is intended that this Agreement shall be severable and shall be construed and applied as if any such invalid or unconstitutional sections, subsection, provision, clause or word had not been included herein, and the rights and obligations of the Parties hereto shall be construed and remain in force accordingly. 7.8 Venue. This Agreement shall be construed in accordance with the laws of the State of Texas and shall be performable in Denton County, Texas, which is the County in which the Tract is located. It is specifically agreed between the Parties to this Agreement that Denton County, Texas, is the place of performance of this Agreement; and in the event that any legal proceeding is brought to enforce this Agreement or any provision hereof, the same shall be brought and exclusive venue shall lie in Denton County, Texas. 7.9 Sovereign Immunity. By entering into and executing this Agreement, the Parties agree neither Prosper nor the District waives, limits or surrenders its sovereign immunity, except as specifically provided for herein. INTERLOCAL AGREEMENT FOR RELEASE OF ETJ AND DEVELOPMENT AGREEMENT—Page 7 pvf h 7.10 Miscellaneous Drafti'na Provisions. This Agreement shall be deemed drafted equally by the Parties hereto. The language of all parts of this Agreement shall be construed as a whole according to its fair meaning, and the presumption or principle that the language herein is to be construed against either Party shall not apply. Headings in this Agreement are for the convenience of the Parties and are not intended to be used in construing this Agreement. 7.11 8As 1 . Cl nrnent. Except as provided in Section 7.12 below, this Agreement may not be assigned, in whole or in part, without the prior written approval of all Parties. 7.12 Convevance of Tract. In the event that Developer sells, conveys or otherwise transfers ownership of any portion of the Tract (a "Sale Tract") to any person or entity (a "New Owner") other than a homebuilder or an end-user homeowner, prior to such conveyance Developer shall require New Owner to execute a joinder to this Agreement pursuant to which it assumes all of Developer's obligations hereunder with respect to the Sale Tract (whereupon New Owner shall be the "Developer" under this Agreement with respect to the Sale Tract, and, provided it is not in default hereunder, Developer shall be released from any further obligations under this Agreement with respect to the Sale Tract). Neither Prosper nor District shall be bound to such joinder unless and until it receives written notice and a fully executed copy thereof. 7.13 Recordation. Pursuant to the requirements of section 212.172(f) of the Texas Local Government Code, this Agreement, all amendments and joinders thereto, and assignments thereof, shall be recorded in the deed records of Denton County. IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be duly executed in several counterparts, each of which shall constitute an original. [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] INTERLOCAL AGREEMENT FOR RELEASE OF ETJ AND DEVELOPMENT AGREEMENT—Page 8 APPROVED BY THE TOWN OUNCIL .F R THE TOWN OF PROSPER, � A TEXAS, in its meeting held on the ay of ( „ 2015, and executed by its authorized representative. TOWN OF PROSPER, TEXAS of pt(" Bm pu m pm y. e. : iplow'lui 'WWII ;W' wu title: Name:WR yn Battle Title: T wn Secretary APPROVED AS TO FORM: Name:Terrence S. Welch Title: Town Attorney STATE OF TEXAS COUNTY OF COLLIN Town Manage r Before me, the undersigned authority, a notary public in and for the State of Texas, on this day personally appeared Harlan Jefferson, known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he executed the same for the purpose and consideration expressed, and in the capacity therein stated. Given under my hand and seal of office this day of, 2015. Notary public in and for the date of Texas My commission expires: IC --15- J r7 INTERLOCAL AGREEMENT FOR RELEASE OF ETJ AND DEVELOPMENT AGREEMENT—Page 9 APPROVED BY THE BOARD OF DIRECTORS FOR DENTON COUNTY FRESH WATER SUPPLY DISTRICT #10, in its meeting held on the _LSjjt day of 3 (AJV) 1& 0, Y 4 , 2015, and executed by its authorized representative. DENTON COUNTY FRESH WATER SUPPLY DISTRICT NO. 10 Z ATTEST: By: Secretary, Board of Directors APPROVED AS TO FORM: V Name: C py Crawf rd Title: Attorney for the District STATE OF TEXAS COUNTY OF DENTON Before me, the undersigned authority, a notary public in and for the State of Texas, on this day personally appeared 'RxA� C,. v' :> , known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he executed the same for the purpose and consideration expressed, and in the capacity therein stated. Given under my hand and seal of offi,r 4't 2 day of 015. NolarV PubtlI(JIO of lexNotary public in and for the State of Texas e, Sas, LI$A BLOOMFIELD MY comm}ssion FXpires June 27', 2015 My commission expires: '_,Yu 77 '2_0 0E:1 INTERLOCAL AGREEMENT FOR RELEASE OF ETJ AND DEVELOPMENT AGREEMENT—Page 10 APPROVED BY THE DEVELOPER, on the 2 day of 2015, and executed by its authorized representative. CHS SAVANNAH, L.P., a Delaware limited partnership By: HC Operating Savannah, LLC, a Texas limited liability company, its general partner By: HC Operating, L.P., a Texas limited partnership, its sole member By: HC Operating GP, LLC, a Texas limited liability company, its general partner By: r.- s"� STATE OF TEXAS ) COUNTY OF 21a 145 ) Before me, the undersigned authority, a notary public in and for the State of Texas, on this day personally appeared i "/11//,01 /& W/I�'.� , known to me to be the person whose name is subscribed to the eregoing instrument and acknowledged to me that he executed the same for the purpose and consideration expressed, and in the capacity therein stated. Given under my hand and seal of office this day of J A ll o e� l' l 2015. te of Te �fiary public in and for tWe a . ryrwA, ,„ Texas JULIANNE E PRUDHOMME ;.: ley COmmISSIOn exp res: r My Commission Expires November 19, 2016 INTERLOCAL AGREEMENT FOR RELEASE OF ETJ AND DEVELOPMENT AGREEMENT—Page 11 EXHIBIT A The Tract's Legal Description 61.003 ACRE TRACT BEING that certain tract of land situated in the WILLIAM LUMPKIN SURVEY, ABSTRACT NO. 730, in Denton County, Texas, and being all of a called 20.264 acre tract of land described as Tract 9 in deed to CHS Savannah, L.P. recorded in Document No. 2006-40724, of the Real Property Records of Denton County, Texas (RPRDCT), and all of a called 40.739 acre tract of land described as Tract 8 in said deed to CHS Savannah, L.P. and being more particularly described as follows; BEGINNING at a 1/2 -inch iron rod found for the most easterly southeast corner of said Tract 9, and also being located on the west line of that certain tract of land described in deed to Richard J. Handley, recorded in County Clerk's Document Number 97- R0083816, RPRDCT; THENCE North 87 degrees 35 minutes 06 seconds West, with the most easterly south line of Tract 9, a distance of 102.58 feet to a 5/8 -inch iron rod with cap marked "PETITT - RPLS 4087" found for corner; THENCE South 02 degrees 24 minutes 54 seconds West, continuing with said southerly line of Tract 9, a distance of 23.40 feet to a "PK" nail found for corner in the approximate center of Fish Trap Road (undedicated public road), said nail also being located on the north line of that certain tract of land described in deed to Kyo Yoo Lee and Chong S. Lee recorded in County Clerk's Document Number 96-R0032397, RPRDCT; THENCE North 88 degrees 11 minutes 08 seconds West, generally with the center of Fish Trap Road, the south line of Tract 9, and the north line of said Kyo Yoo Lee and Chong S. Lee tract, passing at a distance of 377.80 feet a "PK" nail found at the southwest corner of Tract 9, and the southeast corner of the aforementioned Tract 8 in deed to CHS Savannah, L.P. recorded in Document No. 2006-40724, RPRDCT, continuing with the most easterly south line of said Tract 8, the north line of the Lee tract, and generally along the center of Fish Trap Road, in all, a distance of 712.26 feet to a 1/2 inch iron rod found at the northwest corner of the Lee tract, and the northeast corner of Savannah Phase 2, an addition to Denton County, Texas, according to the plat thereof recorded in Cabinet V, Page 382, of the Plat Records of Denton County, Texas; THENCE North 87 degrees 58 minutes 44 seconds West, continuing with the most easterly south line of Tract 8, the north tine of said Savannah Phase 2, and generally along the center of Fish Trap Road, a distance of 149.75 feet to a "PK" nail found for corner at the southeast corner of that certain tract of land described in deed to Wisteria Storage, L.C.C. recorded in Instrument No. 2005-157713, RPRDCT; THENCE North 01 degree 20 minutes 54 seconds East, with the east line of said Wisteria Storage, L.C.C. tract, a distance of 200.77 feet to a 5/8 -inch iron rod with cap marked "PETITT - RPLS 4087' found for corner at the northeast corner of the Wisteria Storage, L.C.C. tract, and an "ell" corner of Tract 8; THENCE North 88 degrees 46 minutes 25 seconds West, with the north line of the Wisteria Storage, L.C.C. tract, and the most westerly south line of Tract 8, a distance of 457.57 feet to a 1 inch pipe found for corner at the northwest corner of the Wisteria Storage, L.C.C. tract, and the most westerly southwest corner of Tract 9; THENCE North 02 degrees 07 minutes 54 seconds East, with the west line of Tract 8, and the east line of that certain tract of land described in deed to H4 Little Elm, L.P. recorded in Instrument No. 2013-48961, RPRDCT, and generally with a meandering fence, a distance of 1789.23 feet to a nail in corner post found for corner at the northwest corner of Tract 9, and an "ell" corner of said H4 Little Elm, L.P. tract; THENCE South 87 degrees 45 minutes 53 seconds East, with the north line of Tract 8, a south line of the H4 Little Elm, L.P. tract, and generally along a fence, passing at a distance of 938.05 feet a 5/8 -inch iron rod with cap marked "PETITT - RPLS 4087' found at the northeast corner of Tract 8, and the northwest corner of the aforementioned Tract 9 in deed to CHS Savannah, L.P. recorded in Document No. 2006-40724, continuing with the north line of said Tract 9, and generally along a fence, in all, a distance of 1351.96 feet to a 5/8 -inch iron rod with cap marked 'PETITT - RPLS 4087' found for corner at the northeast corner of Tract 9; THENCE South 00 degrees 00 minutes 30 seconds East, with the east line of Tract 9, a distance of 1954.54 feet to the POINT OF BEGINNING and containing a calculated area of 61.003 acres of land. EXHIBIT A-1 61.003 ACRE TRACT }I w9y lh� FIII i:l 7 =7