Loading...
Ordinance No. 15,781 ORDINANCE NO. 15,781 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS, AUTHORIZING AND DIRECTING THE CITY MANAGER TO EXECUTE AND THE CITY CLERK TO ATTEST TO THE THIRD AMENDMENT TO THE DEVELOPMENT AGREEMENT WITH FRIENDSWOOD DEVELOPMENT COMPANY TO ALLOW THE DEVELOPER TO FILE SECURITY IN THE FORM OF A ONE-HUNDRED PERCENT (100%) PAVING BOND IN LIEU OF COMPLETING CONSTRUCTION OF ANY REQUIRED IMPROVEMENTS PRIOR TO FINAL PLAT FILING; AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. ***************************************************************************** BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN,TEXAS: Section 1: That the City Council of the City of Baytown, Texas, hereby authorizes and directs the City Manager and City Clerk of the City of Baytown to execute and attest to the Third Amendment to the Development Agreement with Friendswood Development Company to allow the Developer to file security in the form of a 1000 o paving bond in lieu of completing construction of any required improvements prior to final plat filing. A copy of said amendment is attached hereto, marked Exhibit"A" and incorporated herein for all intents and purposes. Section 2: This ordinance shall take effect immediately from and after its passage by the City Council of the City of Baytown. INTRODUCED, READ, and PASSED by the affirmative vote of the City Council of the City of Baytown,this the I I"day of April,2024. e> I VNT01n� ON CAP rILLO, M or A;KTEST: ��F• °°°°,•��l;T f N a O • `, ° ° • ANGE15k JACK N,Clit C16A � $G I. ^t� APPROVED A T FORIVI SCOTT L ND, City Attorney R:ScotPOrdinances 24-04-1 1 3d Am Development Agt-Friendswood DC.doc EXHIBIT "A" THIRD AMENDMENT TO THE DEVELOPMENT AGREEMENT STATE OF TEXAS § COUNTY OF HARRIS § This THIRD AMENDMENT (the "Third Amendment") to the DEVELOPMENT AGREEMENT, is made and entered into as of , 20_ (the "Effective Date"), by and between the CITY OF BAYTOWN, TEXAS, a municipal corporation and home-rule city of the State of Texas (the "City") and FRIENDSWOOD DEVELOPMENT COMPANY, an assumed name of Lennar Homes of Texas Land and Construction Ltd., a Texas limited partnership (the "Developer"). The City and Developer are hereinafter individually referred to as a"Party" and collectively referred to as the "Parties." RECITALS WHEREAS. Garth - Wallisville Ltd., a Texas limited partnership ("Owner"), the Developer and the City entered into the Agreement on January 30, 2018, concerning the development of approximately 500.534 acres of land, all of which is located in the extraterritorial jurisdiction of the City (the "Agreement"); and WHEREAS, thereafter the Developer purchased the 500.534 acres of land from the Owner; and WHEREAS, the City and the Developer entered into that certain First Amendment to the Development Agreement dated October 26, 2018 (the "First Amendment") to make an additional 13.86 acres of land purchased by the Developer subject to the Agreement, among other things; and WHEREAS, the City and the Developer entered into that certain Second Amendment to the Development Agreement dated January 10, 2023 (the "Second Amendment") to make an additional 356.99 acres of land purchased by the Developer subject to the Agreement, among other things; and WHEREAS, the Developer and City desire to amend the Agreement to allow the Developer to file security in the form of a 100% paving bond in lieu of completing construction any required improvements prior to final plat filing as provided herein; and NOW THEREFORE, for and in consideration of the mutual covenants and agreements herein contained, the Parties hereto do hereby mutually agree as follows: 0 1 5633.000001'4883-6707-4974.v4 1. Definitions. Unless a different meaning clearly appears from the context, words and phrases as used in this Third Amendment shall have the same meanings as in the Agreement. 2. Amendment. (a) Exhibit "E", Platting and Subdivision Design Standards shall be amended to include the following: Sec. 126-189. Contents of final plat; construction approval. (c) If the subdivider chooses to file security in lieu of completing construction prior to final plat filing, he may utilize one of the methods of posting security detailed herein based upon the type of development. (1) The subdivider may file security in lieu of completing construction of any portion of the water lines, sanitary sewer lines, stormwater systems and required improvements, including streets, sidewalks, and lift stations, if any, (i.e. 00.o of the improvements are required to be completed) provided that the plans for all water lines, sanitary sewer lines, lift stations and stormwater systems are approved by the City engineer. If these requirements are met, the subdivider may: a. File with the department of planning and development services a bond executed by a surety company licensed to do business in the state and acceptable to the city, on the form provided by the city, in an amount equal to 110 percent of the estimated cost of the improvements required by this chapter and conditioned upon the satisfactory completion of all required improvements, including streets and lift stations, if any, in full compliance with the Code within the time for completion as established by the city engineer. The estimated cost shall be approved by the city engineer, and the performance bond shall be approved as to form and legality by the city attorney; b. Place on deposit in a bank or trust company in the name of the city and approved by the city and file a copy of such with the department of planning and development services in a trust account a sum of money equal to 110 percent of the estimated cost of all improvements required by this chapter, which account shall be conditioned upon the satisfactory completion of all required improvements, including streets and lift stations, if any, in full compliance with the Code within the time for completion as established 015633.000001 4883-6707-4974.v4 by the city engineer. The estimated cost shall be approved by the city engineer. Selection of the trustee shall be subject to approval by the city, and the trust agreement shall be executed on the form provided by the city and approved as to form and legality by the city attorney; C. File with the department of planning and development services a letter, on the form provided by the city, signed by a principal officer of a bank or federally insured savings and loan association or other financial institution acceptable to the city, agreeing to pay to the city, on demand, a stipulated sum of money equal to 110 percent of the estimated cost of improvements required by this chapter to apply to the costs of installation of all improvements for which the subdivider or developer is responsible under this chapter. The time for completion shall be established by the city engineer and the guarantee payment sum shall be the estimated costs as approved by the city engineer. The letter shall state the name of the subdivision and shall list the improvements and amounts which the subdivider or developer is required to provide; or d. File with the department of planning and development services a cashier's or certified check payable to the city in an amount equal to 110 percent of the estimated cost of the improvements required by this chapter. 3. Entire Agreement. The provisions of this Third Amendment, the Second Amendment, the First Amendment and the Agreement and the documents referenced therein should be read together and construed as one agreement provided that, in the event of any conflict or inconsistency between the provisions of this Third Amendment and the provisions of the Second Amendment, First Amendment and the Agreement and the documents referenced therein, the provisions of this Third Amendment shall control. 4. Interpretation. This Third Amendment has been jointly negotiated by the Parties hereunder and shall not be construed against a party hereunder because that party may have assumed primary responsibility for the drafting of this Third Amendment. 5. Captions. Captions contained in this Third Amendment are for reference only and, therefore, have no effect in construing the documents. The captions are not restrictive of the subject matter of any section. 6. Further Documents. Each Party shall, upon request of the other party, execute and deliver such further documents and perform such further acts as may reasonably be requested to effectuate the terms of this Third Agreement and achieve the intent of the 015 63 3.000001.4883-6707-4974.v4 Parties. 7, Certifications. The Developer certifies: (b) Pursuant to Texas Government Code Chapter 2271, as amended, Developer verifies that at the time of execution and delivery of this Third Amendment and for the term of the Agreement, neither Developer, its parent companies, nor its common-control affiliates currently boycott or will boycott Israel. The term "boycott Israel" as used in this paragraph has the meaning assigned to the term "boycott Israel" in Section 808.001 of the Texas Government Code, as amended; and (c) Pursuant to Texas Government Code, Chapter 2252, as amended, Developer represents and verifies that at the time of execution and delivery of this Third Amendment and for the term of the Agreement, neither Developer, its parent companies, nor its common-control affiliates (i) engage in business with Iran, Sudan, or any foreign terrorist organization as described in Chapters 806 or 807 of the Texas Government Code, or Subchapter F of Chapter 2252 of the Texas Government Code, or (ii) is a company listed by the Texas Comptroller of Public Accounts under Sections 806.051, 807.051, or 2252.153 of the Texas Government Code. (d) Pursuant to Chapter 2276 of the Texas Government Code (as added by Senate Bill 13, 871h Texas Legislature, Regular Session, and redesignated by House Bill 4595, 881h Texas Legislature, Regular Session), Developer certifies that it is not a Company that boycotts energy companies and agrees it will not boycott energy companies during the term of the Agreement. The terms "boycotts energy companies" and "boycott energy companies" have the meaning assigned to the term "boycott energy company" in Section 809.001, Texas Government Code. For purposes of this paragraph, "Company" means a for-profit sole proprietorship, organization, association, corporation, partnership, joint venture, limited partnership, limited liability partnership, or limited liability company, including a wholly owned subsidiary, majority-owned subsidiary, parent company, or affiliate of those entities or business associations, that exists to make a profit, but does not include a sole proprietorship. (e) Pursuant to Chapter 2274 of the Texas Government Code (as added by Senate Bill 19, 871h Texas Legislature, Regular Session, "SB 19"), Developer certifies that it is not a Company that has a practice, policy, guidance, or directive that discriminates against a firearm entity or firearm trade association and agrees it will not discriminate against a firearm entity or firearm trade association during the term of the Agreement. The terms "discriminates against a firearm entity or firearm trade association" and "discriminate against a firearm entity or firearm trade association" have the meaning assigned to the term "discriminate against a firearm entity or firearm trade association" in Section 2274.001(3), Texas Government Code (as added by SB 19). For purposes of this paragraph, "Company" means a for-profit organization, association, corporation, partnership, joint venture, limited partnership, limited liability partnership, or limited liability company, including a wholly owned 01 5633.00000 V 4883-6707-4974.v4 subsidiary, majority-owned subsidiary, parent company, or affiliate of those entities or business associations, that exists to make a profit, but does not mean a sole proprietorship. S. Recordation. This Third Amendment shall run with the land and be recorded in the real property records of Harris County and be binding upon the Property, Parties, and all successor owners. Notwithstanding the foregoing, however, this Third Amendment shall not be binding upon, and shall not constitute any encumbrance to title as to, any end- buyer of a fully developed lot within the Property which has been improved with a residential dwelling unit except for land use and development regulations, City Ordinances that apply to specific lots or residents of the City, and annexation of the property by the City. For purposes of this Third Amendment: (a) the term "end-buyer" means an owner of any fully developed lot within the Property, but said end-buyer will not be considered the Owner or Developer, and (b) the term "fully developed lot" means any lot, regardless of the use, for which a certificate of occupancy has been issued for a structure thereon. [signatures on following pages] 015633.000001'•.4883-6707-4974.v4 IN WITNESS WHEREOF, the parties hereto have executed this Third Amendment in multiple copies, each of equal dignity, as of the elate first given above. "CITY" CITY OF BAYTOWN, TEXAS By: ATTEST: By: (SEAL) THE STATE OF TEXAS COUNTY OF HARRIS This instrument was acknowledged before me on this the day of 20_, by _ the City Manager of City of Baytown, Texas, on behalf of said city. Notary Public, State of 015633.000001'•4883-6707-4974.v4 "DEVELOPER" LENNAR HOMES OF TEXAS LAND AND CONSTRUCTION, LTD., a Texas limited partnership dba Friendswood Development Company By: U.S. Home LLC, a Delaware Limited Liability Company, its general partner By: THE STATE OF TEXAS § COUNTY OF HARRIS § This instrument was acknowledged before me on this the day of . 20 , by I of U.S. Home LLC, a Delaware Limited Liability Company. acting as general panner of Lennar Homes of Texas Land and Construction, Ltd. Notary Public, State of 015633.000001 4883-6707-4974.v4