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HomeMy WebLinkAboutORD 2011-12 - Agreement Texas Crushed StoneORDINANCE NO. d011— AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS ( "CITY ") PERTAINING TO AN INDUSTRIAL DISTRICT AGREEMENT WITH TEXAS CRUSHED STONE COMPANY ( "TCS ") AND GEORGETOWN RAILROAD COMPANY ( "GRR ") CONTAINING FINDINGS AND PROVISIONS RELATED TO THE FOREGOING SUBJECT; AND PROVIDING A SEVERABILITY CLAUSE. WHEREAS, the City deems it in the public interests to enter into an Industrial District Agreement with Texas Crushed Stone ( "TCS ") and Georgetown Railroad Company ( "GRR ") in substantially the same form as attached hereto as Exhibit "A" and NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS, THAT: Section 1. Open Meetings Act. The meeting at which this ordinance was approved was in all things conducted in compliance with the Texas Open Meetings Act, Texas Government Code, Chapter 551. Section 2. Findings. The facts and recitations contained in the preamble of this ordinance are hereby found and declared to be true and correct and are incorporated by reference herein and expressly made a part hereof, as if copied verbatim. Section 3. Conflicts That in the event of any conflict between the Industrial District Agreement and any City ordinances, resolutions or policies, the Industrial District Agreement shall control. Section 4. That the City Council approves the Industrial District Agreement and the Mayor is authorized to execute the Industrial District Agreement in substantially the same form as attached hereto as Exhibit "A ", and Section 5. Severability. If any provision of this ordinance or application thereof to any person or circumstance shall be held invalid, such invalidity shall not affect the other provisions, or application thereof, of this ordinance which can be given effect without the invalid provision or application, and to this end the provisions of this ordinance are hereby declared to be severable. Section 6. The Mayor is hereby authorized to sign this ordinance and the City Secretary to attest. Ordinances.IndustrialDistrictAg reement3.10.2011 Ord *Doti- la PASSED AND APPROVED on First Reading on the 111 day of March, 2011. PASSED AND APPROVED on Second Reading on the 9 g day of March, 2011. ATTEST: sica Brettle, City Secretary APPROVED AS TO FORM: St/I/Le/4N/ '11 24',1 Mark Sokolow, City Attorney See 1er+44,/ d G0I April s,�C�! Ordinances.IndustrialDistrictAg reement3.10.2011 Ord. t)ott -f THE CITY OF GEORGETOWN By:. =Garver, Mayor EXHIBIT "A" TO THE ORDINANCE Ordinances .IndustrialDistrictAgreement3 .10.2011 Ord 1*--aotI -Ia 7111M8 GEOR GOWN TE:" S Jessica Brettle City Secretary City of Georgetown CITY ATTORNEY'S OFFICE April 5, 2011 CITY OF GEORGETOWN Re: Industrial Agreement with Texas Crushed Stone and Georgetown Railroad Company Dear Ms. Brettle: Prior to the March 28th council meeting, the City Attorney's office approved the Ordinance and Industrial District Agreement with Texas Crushed Stone and with Georgetown Railroad Company. On March 30th, I received a copy of the March 10, 2011 letter that Mr. Snead wrote to the City Manager. Mr. Sneed in his letter to the City Manager requested that the agreement be approved and signed by the City by March 14, 2011. Mr. Snead also indicated that there was an "apparent error (which I do not think is of substance) in Exhibit A and B. The acreage of the Merle B Weir Estate property (volume 462 page 623) should be 895.98 acres not 569.98 acres." The Mayor signed the agreement on March 29, 2011. On March 30, I notified Misty Ventura, the attorney for Mr. Snead, and sent her a copy of Mr. Snead's letter. Misty Ventura represents Mr. Snead. Attached is Misty Ventura's email dated March 30, 2011 wherein she indicated that the documents in the March 28th packet and the signature of Mr. Snead remains valid. Mr. Snead also attended the March 28th Council meeting. There are actually three apparent errors in the exhibits: Exhibit "A "- -Page 2, line 34 should have 895.98 acres instead of 569.98 acres. Exhibit "B " -- Overall map is correct, but the acreage of the Merle B Weir Estate should have been 895.98 acres instead of 569.98 acres. 510 W. 9th Street 1 P. 0. Box 409 1 Georgetown, Texas 78627 -0409 1 (512) 930 -8158 1 (512) 931 -7657 (fax) City Attorney: mark.sokolow@georgetown.org 1 Asst. City Attorney: bridget.chapman @georgetown.org Exhibit "D" — Exhibit "D" Part 2 should have showed 895.98 acres instead of 569.98 acres on Merle B Weir Estate. On April 5, 2011, Charlie Crossfield signed the agreement after reviewing the exhibits which have not been changed and Mr. Snead's letter. Charlie Crossfield does not believe that the errors in the legal descriptions are of substance. I agree with Charlie Crossfield that it should not affect the City's ability to obtain the right of way which is clearly marked in Exhibit D. The agreement as signed by the Mayor and Mr. Snead is the same agreement and exhibits as approved by City Council on March 28, 2011. Sincerely, Mark Sokolow City Attorney, City of Georgetown Attachment: Email from Misty Ventura dated March 30, 2011 Mr. Snead's letter dated March 10, 2011 CC: Mayor City Manager City Council Charlie Crossfield Misty Ventura Jim Briggs RE: Texas Crushed Stone Misty Ventura to: 'Mark. Sokolow @georgetown. org' 03/30/2011 01:25 PM Hide Details From: Misty Ventura <misty.ventura @svlandlaw.com> To: "'Mark.Sokolow @georgetown. org "' <Mark.Sokolow @georgetown.org> Page 1 of 2 History: This message has been forwarded. Mark —the documents included in the March 28th packet and the signature Mr. Snead tendered on March 14th remains valid. Please confirm that the city will execute and record the agreement. Thanks. Misty Misty Ventura Shupe Ventura Lindelow & Olson, PLLC 214.328.1101 - office 214.450.8753 - cell 9406 Biscayne BIvd. Dallas, Texas 75218 misty.ventura@svlan.dlaw.com www.svlandlaw.com This electronic message contains information from the law firm of Shupe Ventura Lindelow & Olson, PLL.C. The contents may be privileged and confidential and are for the use of the intended addressee(s) only. If you are not an intended addressee, note that any disclosure, copying, distribution, or use of the contents of this message is prohibited, If you have received this email in error. please contact me at misty.ventura@svlandlaw.com. From: Mark.Sokolow @georgetown.org [ mailto :Mark.Sokolow @georgetown.orq] Sent: Wednesday, March 30, 2011 1:19 PM To: Misty Ventura Subject: Texas Crushed Stone Attached is the letter. file: / /C: \Documents and Settings \msokolow \Local Settings \Temp \notesA24DC6 \— web8948.... 4/5/2011 Page 2 of 2 (See attached file: doc20110330130704.pdj) Mark Sokolow City Attorney City of Georgetown P.O. Box 409 Georgetown, Texas 78626 (512) 930 -8158 mark.sokolow @georgetown.org SpamStinger Message Security: Check Authenticity file: / /C: \Documents and Settings \msokolow \Local Settings \Temp \notesA24DC6 \ —web8948.... 4/5/2011 ERAS CRUSHED STONE COMPANY P.O. 130X 1000 • GEORGETOWN, TEXAS 78627 -1000 • PHONE 512 /863 -5511. AUSTIN: 255 -4405 • FAX 512/244 -6055 Mr. Paul Brandenburg City Manager of Georgetown 113 E. 8th Street Georgetown, TX. 78626 March 10, 2011 Re: Conditional Tender of the Industrial District Agreement dated 10 March 2011. Attached to this letter you will find an Industrial District Agreement with my signature dated 10 March 2011. I understand the form of this document has been approved by the city's team authorized to negotiate this agreement at the City Council Meeting on 8 March 2011. I am conditioning my execution and signature of the attached document on approval of this document by the Georgetown City Council during their special called meeting on 14 March 2011. If this agreement is not authorized by the Georgetown City Council and executed on behalf of the City by 11:00 pm on 14 March 2011 consider my execution of this document to be null and void. I also call your attention to an apparent error (which I do not think is of substance) in Exhibit A and B. The acreage of the Merle B Weir Estate property (volume 462 page 623) should be 895.98 acres not 569.98. Sincerely, (/A• W B Snead President, Texas Crushed Stone Company Chairman of the Board, Georgetown Railroad Company cU TEXAS CELT.3 ST -1 STONE COMPANY P.O. BOX 1000 • GEORGETOWN, TEXAS 78627 -1000 • PHONE 512/863 -5511, AUSTIN: 255 -4405 • FAX 512/244 -6055 Mr. Paul Brandenburg City Manager of Georgetown 113 E. 8th Street Georgetown, TX. 78626 March 10, 2011 Re: Conditional Tender of the Industrial District Agreement dated 10 March 2011. Attached to this letter you will find an Industrial District Agreement with my signature dated 10 March 2011. I understand the form of this document has been approved by the city's team authorized to negotiate this agreement at the City Council Meeting on 8 March 2011. I am conditioning my execution and signature of the attached document on approval of this document by the Georgetown City Council during their special called meeting on 14 March 2011. If this agreement is not authorized by the Georgetown City Council and executed on behalf of the City by 11:00 pm on 14 March 2011 consider my execution of this document to be null and void. I also call your attention to an apparent error (which I do not think is of substance) in Exhibit A and B. The acreage of the Merle B Weir Estate property (volume 462 page 623) should be 895.98 acres not 569.98. Sincerely, W B Snead President, Texas Crushed Stone Company Chairman of the Board, Georgetown Railroad Company EN ED 2011 mCa�7.5VCS. / 1 oLt cov--) INDUSTRIAL DISTRICT AGREEMENT This Industrial District Agreement (this "Agreement ") is executed between Texas Crushed Stone Company ( "TCS ") and Georgetown Railroad Company, Inc. ( "GRR ", and collectively with TCS, "Owner ") and the City of Georgetown, Williamson County, Texas (the "City ") to be effective March 31, 2011 (the "Effective Date "). ARTICLE I RECITALS WHEREAS, the City is a home -rule municipal corporation of the State of Texas; and WHEREAS, TCS is a Texas corporation; and WHEREAS, GRR is a Texas corporation; and WHEREAS, Owner and the City are sometimes individually referred to as a "Party" and collectively as the "Parties "; and WHEREAS, Owner owns those certain tracts of real property located in Williamson County, Texas (the "County") that are more particularly described by metes and bounds on Exhibit A which is the same real property depicted on Exhibit B (the "Property "); and WHEREAS, the Property is located wholly within the extraterritorial jurisdiction ( "ETJ ") of the City and not within the ETJ or corporate limits of any other town or city; and WHEREAS, the Parties intend for the existing use of the Property as a rock quarry and as a railroad, including all uses and activities associated with rock quarries and railroads, to continue, and nothing in this Agreement is intended to limit the use of the Property for such purposes; and WHEREAS, the City and the County desire to construct at least a two -lane paved roadway shown on Exhibit C (the "Southwest Bypass Road "), including that portion between IH 35 and FM 2243; and WHEREAS, the City and the County must acquire portions of the Property as public right -of -way to allow the construction of the Southwest Bypass Road; and WHEREAS, Owner intends to donate its portion of the Southwest Bypass Road right -of- way (the "Right -of -Way Tract ") to the City, as generally shown on Exhibit D, subject to the terms and conditions of this Agreement; and WHEREAS, the Parties intend for the Property to be immune from full - purpose annexation by the City for the term of, and as otherwise provided by, this Agreement; and Page 1 2080\010\16502.18 WHEREAS, the Parties have the authority to enter into this Agreement pursuant to, but not limited by the authority granted by Sections 42.044 and 212.172 of the Texas Local Government Code; and WHEREAS, the Parties intend that this Agreement is a development agreement as provided for by state law in Section 212.171 et seq of the Texas Local Government Code. NOW THEREFORE, for and in consideration of the mutual obligations of the Parties set forth in this Agreement, and for other good and valuable consideration the receipt and adequacy of which are acknowledged, the Parties agree as follows: ARTICLE II ETJ DEVELOPMENT 2.1 Pre - existing Uses. (a) The City recognizes the use of the Property as a rock quarry, including, but not limited to, the following related uses: (i) the operation of wells for non - potable water and other utilities; (ii) the excavation of quarries and tunnels; (iii) the extraction of limestone and other raw materials; (iv) the processing of limestone and other raw materials extracted from the Property into finished products; (v) the use of soil and fill material for drainage purposes; (vi) the mining, blasting, use of explosives, handling, crushing, conveying, washing, screening, sorting, stockpiling, packaging, distribution, and transportation of raw material and processed material; (vii) the use of materials to aid and assist in the use of the Property for rock quarry and related activities; and (viii) the use of offices, warehouses, and other structures for the administration, management, and upkeep of the quarry and related uses. (b) The City recognizes the use of the Property for the operation of railroads, runways, water wells, and utilities, including, but not limited to, multiple lines of railroad, pipelines, water towers, water storage tanks, platforms, loading and unloading facilities, passenger and freight platforms, intermodal facilities, material, lading, and equipment storage and maintenance yards. Page 2 2080\010\16502.18 (c) Nothing in this Agreement shall prohibit or otherwise limit the uses of the Property described in this Section 2.1 during the Term (as defined in Article IV of this Agreement). (d) Nothing in this Agreement shall prohibit or otherwise limit the tax exemptions applicable to the Property. 2.2 Planned Uses. The City acknowledges that TCS does not intend to quarry that portion of the Right -of- Way Tract within that portion of the Property formerly known as the Barnes property as such property is more particularly described by metes and bounds description in that deed recorded in the County records on January 17, 1979, at Volume 744, Page 516 and depicted on Exhibit E (the "Barnes Property "). The Barnes Property includes the former Snead homestead. Prior to construction of the Southwest Bypass Road, the City will demolish the home. Until such time, Owner will maintain possession and use of the home. During Owner's period of possession, Owner may, at its option, salvage all or any part of the home. During Owner's period of possession Owner waives any claim Owner or Owner's invitees may have against the City resulting from personal injury during periods of possession and use of the home. The plan for development of the Barnes Property includes commercial, multifamily and mixed use development. 2.3 Immunity from Annexation. The Property shall remain in the ETJ of the City and be immune from full purpose annexation by the City for the Term (as defined in Article IV of this Agreement). ARTICLE III SOUTHWEST BYPASS 3.1 Survey. After the City executes a written right of entry for land surveying only in the form attached as Exhibit F (the "Survey License ") agreeing to the terms upon which the City may conduct survey work on the Right -of -Way Tract the City may begin its survey work. The City's survey of the Right -of -Way Tract will be made by a Registered Professional Land Surveyor. The survey shall: (a) identify the Right -of -Way Tract by metes and bounds; (b) show that the survey was made and staked on the ground with corners marked; (c) set forth the dimensions and total area of the Right -of -Way Tract; and (d) contain the surveyor's certificate that the survey is true and correct. The survey will limit the Right -of -Way Tract to a width that does not exceed 400 feet at its widest point, with the exception of the portion abutting Leander Road which may be 600 feet at its widest point for a length of not more than 1,300 feet from its point of intersection with Leander Road. The survey will provide tract descriptions for the following portions of the Right -of -Way Tract all as depicted on Exhibit D: (i) that portion not to exceed 1.6 acres to be used as a water quality or detention pond; (ii) that portion owned by GRR and to be licensed to the City; (iii) that portion owned by TCS across the Barnes Property (save and except the GRR property); and (iv) that portion owned by TCS across the Property other than the Barnes Property and the GRR property. The survey will exclude the water well depicted on Exhibit D and commonly known as TCS well #1. Upon completion of the survey, the City will deliver to Owner two copies of the survey. The Survey License expires and is of no further force and effect upon the earlier to occur of the delivery by the City to Owner of the survey copies or December 31, 2012. Page 3 20801010\165 18 V 3.2 Southwest Bypass Road Transfer Conditions. (a) After the City delivers the survey copies to Owner and within 60 days after Owner receives a written request by the City, Owner will transfer the Right -of -Way Tract to the City. TCS will transfer its portion of the Right -of -Way Tract by special warranty deed in the form attached as Exhibit G. GRR will transfer its portion of the Right -of -Way Tract by license in the form attached as Exhibit H. Both the Right -of -Way Tract deed and license will include provisions consistent with the following conditions (collectively, the "Southwest Bypass Road Conditions "): (i) The Southwest Bypass Road shall be constructed from State Highway 130 at its point of intersection with County Road 104 East of Georgetown to State Highway 29 West of Georgetown, substantially along the route and general alignment shown on Exhibit C. (ii) Those portions of Southwest Bypass Road constructed after the Effective Date shall be constructed as part of a road system meeting the American Association of State Highway and Transportation Officials (AASHTO) Policy of Geometric Design of Highways and Streets (a.k.a., the "Green Book ") standards. (iii) That portion of the Southwest Bypass Road located on the Right -of -Way Tract shall be constructed with a grade separated crossing at its point of intersection with GRR's right -of -way. (iv) The portion of the Southwest Bypass Road located on the Right -of -Way Tract shall be constructed in a manner that provides at least six points of permanent access, three in each direction, to and from the Southwest Bypass Road and portions of the Property owned by TCS. (v) The portion of the Southwest Bypass Road located on the Right -of -Way Tract shall be constructed and maintained in a manner that provides at least one, but no more than two, grade separated paved crossings to allow quarry traffic to pass under or over the road from both sides of the road both during and after construction. If one crossing is provided, it will be a minimum of 80 feet in width and 25 feet in height. If two crossings are provided, each will be a minimum of 50 feet in width and 25 feet in height. (b) The transfer documents required by Section 3.2(a) shall include a reverter clause causing the property described in the transfer document to revert back to the grantor under the document if the Southwest Bypass Road Conditions are not satisfied by midnight on March 31, 2026. Provided, however, the City may elect to extend the time to complete the Southwest Bypass Road Conditions so long as (i) the Term is extended for an equal period pursuant to the terms of Article IV below; and (ii) the Parties execute an in -lieu Special Warranty Deed and License containing such modified reversion. (c) The transfer documents required by Section 3.2(a) shall include a reservation of all water, oil, gas and other minerals in and under the land transferred and a waiver of all rights of ingress and egress to the surface thereof for the purpose of exploring, developing, mining, Page 4 2080 \010116502,18 drilling or pumping the same but shall reserve the right to conduct operations for exploration and recovery of the same from locations outside the boundaries of the Right -of -Way Tract provided such activities do not damage the Southwest Bypass Road. In addition, the transfer documents required by Section 3.2(a) shall include a reservation of all rock and limestone during the period of Owner's possession described in Section 3.2(g) below, together with the right to quarry and mine (including by surface - destructive methods), and remove and own the same. (d) The transfer documents required by Section 3.2(a) shall include a use restriction that prohibits use of the Right -of -Way Tract for any use other than right -of -way for a road, the water quality or detention pond (on the specified tract) and below grade utilities that serve the Property or provides a necessary loop or connection for adjacent utility facilities. Utilities are only permitted to the extent the Southwest Bypass Road is constructed and open to the public. Nothing in this Agreement changes the rights or responsibilities of the Parties related to utilities as memorialized in other documents. (e) The transfer documents required by the Section 3.2(a) shall include the following covenants: THE CITY ACKNOWLEDGES THAT THE SOUTHWEST BYPASS ROAD WILL BE CONSTRUCTED AND OPERATED WITHIN AN ACTIVE QUARRY ZONE CONTAINING AN ACTIVE QUARRY OPERATION. THE CITY HEREBY AGREES TO INDEMNIFY OWNER AGAINST LOSSES FROM CLAIMS OR LAWSUITS RESULTING FROM THE CITY'S CONSTRUCTION OF THE SOUTHWEST BYPASS ROAD WITHIN AN ACTIVE QUARRY ZONE BY OBTAINING ENDORSEMENT 217, INDEMNIFICATION UNDER CONTRACT, FROM THE TEXAS MUNICIPAL LEAGUE INTERGOVERNMENTAL RISK POOL. In the event a claim or lawsuit is brought against the City or Owner, which falls under the indemnification and coverage provided to the City, the TML Intergovernmental Risk Pool will provide a defense for Owner and pay damages so long as quarry operations are consistent with requirements established by state law, federal law and industry standards. THE CITY WAIVES ANY CLAIM THE CITY OR THE CITY'S CONTRACTORS MAY HAVE AGAINST OWNER RESULTING FROM DAMAGE TO THE SOUTHWEST BYPASS ROAD OR UTILITIES CONSTRUCTED WITHIN THE RIGHT -OF- WAY TRACT SO LONG AS QUARRY OPERATIONS ARE CONSISTENT WITH REQUIREMENTS ESTABLISHED BY STATE LAW, FEDERAL LAW AND INDUSTRY STANDARDS, INCLUDING, WITHOUT LIMITATION, CLAIMS THE CITY OR THE CITY'S CONTRACTORS MAY HAVE AGAINST OWNER ARISING OUT OF, OR IN ANY MANNER CONNECTED WITH TREMORS, VIBRATIONS, FLYING ROCKS OR DEBRIS, NOISE OR NOXIOUS ODORS. (f) The transfer documents required by Section 3.2(a) shall include a requirement that the City implement a traffic safety plan (the "Traffic Safety Plan ") that includes terms mutually agreeable to the Parties before the Southwest Bypass Road is opened to public access. The Traffic Safety Plan will include, at a minimum, (i) a requirement that public access to the Right - of -Way Tract will be restricted as a means to address safety concerns during TCS quarry activities involving blasting within 2,500 feet of the Right -of -Way Tract; (ii) a process to implement road closures of 15 minutes or less; (iii) a process to implement a detour in the event road closures are anticipated to last longer than 15 minutes; and (iv) signage posted at regular intervals along the Southwest Bypass Road warning drivers that they are entering an active quarry zone and cell phone use is prohibited. Page 5 2080\010\16502. (g) The transfer documents required by Section 3.2(a) shall include a reservation of possession for the benefit of Owner for a period from the transfer date until midnight on December 31, 2016, provided, however, the City may take possession of that portion of the Right -of -Way Tract located on the Barnes Property as early as December 31, 2012 by giving Owner 150 days notice of the need for such possession. During the period of possession, Owner may, at its option, use the Right -of -Way Tract for any use permitted by Sections 2.1 and 2.2 of this Agreement. (h) After December 31, 2016, or the expiration of the 150 day notice applicable to that portion of the Right -of -Way Tract located on the Barnes Property, the City shall provide Owner with 30 days' prior written notice that construction of the Southwest Bypass Road will begin. The 30 -day notice period commences on the date the notice is delivered to Owner. The transfer documents required by Section 3.2(a) shall include a reservation of rights that: (i) permits Owner to continue all uses described in Sections 2.1 and 2.2 until the end of such 30 -day notice period; and (ii) provides that, if the City does not commence construction of the road within five days after the end of such 30 -day notice period, Owner may resume all uses described in Sections 2.1 and 2.2 on the Right -of -Way Tract upon delivery of written notice to the City of same; and (iii) requires the City to provide a new notice and comply with the requirements in this Section 3.2(h) whenever the City fails to commence construction of the road within 35 days after delivery of the required 30 -day notice to Owner. (i) For purposes of Section 3.2(h), commencement of construction of the road requires, at a minimum, that grading of the Right -of -Way Tract be commenced. 3.3 Drainage. A portion of the Right -of -Way Tract donation will be restricted for use as a water quality or detention ponds at the location shown on Exhibit D. The City will design and construct that portion of the Southwest Bypass Road located on the Right -of -Way Tract in a manner that minimizes drainage impacts outside the Right -of -Way Tract. To the extent drainage is required outside the right -of -way, Owner will donate no more than 4.6 acres (in addition to the 1.6 acres donated by this Agreement) needed for such drainage. The Parties understand that the additional drainage will be included in a separate water quality or detention pond shown for information purposes on Exhibit D. At Owner's option and cost, Owner may expand this second detention pond for use as a regional detention pond for the benefit of Owner's land. Owner, at Owner's option and cost, may relocate both water quality or detention ponds. ARTICLE IV TERM OF AGREEMENT The term of this Agreement shall be 15 years after the Effective Date unless extended by mutual agreement of Owner and the City (the "Term "). The Term may be extended by the City in the event the City fails to satisfy the Southwest Bypass Road Conditions prior to March 31, Page 6 2080\010116502 2026. Such an extension of the Term will include a corresponding extension of the period to complete the Southwest Bypass Road Conditions. ARTICLE V ADDITIONAL PROVISIONS 5.1 Recitals. The recitals contained in this Agreement: (a) are true and correct as of the Effective Date; (b) form the basis upon which the Parties negotiated and entered into this Agreement; and (c) reflect the intent of the Parties with regard to the subject matter of this Agreement. If it becomes necessary to interpret any provision of this Agreement, the intent of the Parties, as evidenced by the recitals, shall be given full effect. The Parties have relied, to their material detriment, upon the recitals as part of the consideration for entering into this Agreement, and, but for the recitals, the Parties would not have entered into this Agreement. 5.2 Vested Rights. Owner does not, by entering into this Agreement, waive any rights or obligations arising under Chapter 245 or under Chapter 43 of the Texas Local Government Code or under any other provision of law. 5.3 Authority. The City represents and warrants that this Agreement has been approved by the action of the City Council of the City in accordance with all applicable public meeting and public notice requirements (including, but not limited to, notices required by the Texas Open Meetings Act) and that the individual executing this Agreement on behalf of the City has been authorized to do so. Owner represents and warrants that this Agreement has been approved by appropriate action of Owner and that the individual executing this Agreement on behalf of Owner has been authorized to do so. 5.4 Recordation. Pursuant to the requirements of Section 212.172(0 of the Texas Local Government Code, this Agreement, and all amendments to this Agreement, shall be recorded in the deed records of the County. This Agreement shall be binding upon the Parties, the Property, and future owners of all or any portion of the Property. 5.5 No Third Party Beneficiaries. This Agreement only inures to the benefit of, and may only be enforced by, the Parties. No other person or entity shall have any right, title, or interest under this Agreement or otherwise be deemed to be a third -party beneficiary of this Agreement. 5.6 Entire Agreement; Amendment; Severability. (a) This Agreement constitutes the entire agreement between the Parties and supersedes all prior agreements and understandings, whether oral or written, concerning the subject matter of this Agreement. (b) This Agreement shall not be modified or amended except in writing signed by the Parties. A copy of each amendment to this Agreement, when fully executed and recorded, shall be provided by the City and/or Owner to each successor (based on the records maintained by Owner and successor pursuant to this Agreement); however, the failure of the City and/or Owner to do so shall not affect the validity of any amendment. Page 7 2080\010\16502. (c) If any provision of this Agreement is determined by a court to be unenforceable, the unenforceable provision shall be deleted from this Agreement, the unenforceable provision shall, to the extent possible, be rewritten to be enforceable and to give effect to the intent of the Parties, and the remainder of this Agreement shall remain in full force and effect and shall be interpreted to give effect to the intent of the Parties. Without limiting the generality of the foregoing: (i) if it is determined that, as of the Effective Date, a portion of the Property is not within the City's ETJ, this Agreement shall remain in full force and effect with respect to all of the Property that is within the City's ETJ; or (ii) if a court shall hold that the term of this Agreement is unenforceable or in violation of Sections 42.044 or 212.172 of the Texas Local Government Code, this Agreement shall remain in full force and effect for the longest period allowed by law, not to exceed the limitations on the term set forth in Article IV above. 5.7 Federal Preemption. The Parties recognize that the Federal Railroad Safety Act of 1970 ( "RFSA "), codified in 49 U.S.C.A. § 20106 expressly preempts state and local regulations in conflict with all Federal Rules and Regulations regarding the operation and safety of railroads, including the railroad and related appurtenances on the Property. The Parties agree to cooperate with the relocation of the GRR tracks, if necessary, to accommodate the grade- separated requirements of Section 3.2(a)(iii). 5.8 Remedies. The Parties agree that this Agreement is enforceable. If a Party or successor fails to comply with this Agreement, all other Parties shall be entitled to immediate injunctive relief and mandamus, to specific performance, and, to the maximum extent permitted by law, to actual damages (but excluding special or consequential damages). The Parties agree and stipulate that the damages that will be suffered as a result of any breach of this Agreement are difficult to calculate at this time. The Parties further agree and stipulate that a breach of this Agreement will result in immediate and irreparable harm. Accordingly, the Parties agree and stipulate that in the event of a threatened breach of this Agreement by one Party, all other Parties will be entitled, as a matter of law, to have a temporary restraining order, preliminary injunction, and a permanent injunction issued and entered immediately by any court with jurisdiction over such claims. The remedies set forth in this section are the sole and exclusive remedies of the Parties for a Party's failure to comply with this Agreement. 5.9 Notices. Any notice or other communication required by this Agreement to be given, provided, or delivered to a Party shall be in writing addressed to the Parties as set forth below. Notices shall be considered "given" for purposes of this Agreement: (a) if by Certified Mail, five business days after deposited with the U.S. Postal Service, Certified Mail, Return Receipt Requested; (b) if by private delivery service (e.g., FedEx or UPS), on the date delivered to the notice address as evidenced by a receipt signed by any person at the notice address; (c) if by FAX, when sent, or (d) if by any other means (including, but not limited to, e-mail if an email address is provided below), when actually received by the Party at the notice address. The City of Georgetown Georgetown City Manager P.O. Box 409 Georgetown, Texas 78627 Page 8 20801010116502.1 Texas Crushed Stone Company W. B. Snead, President P.O. Box 1000 Georgetown, TX 78627 -1000 Georgetown Railroad Company, Inc. W. B. Snead, Chairman of the Board P.O. Box 529 Georgetown, TX 78627 -529 With a copy to: Shupe Ventura Lindelow & Olson, PLLC Attn: Misty Ventura 9406 Biscayne Blvd. Dallas, Texas 75218 Each Party has the right to change, from time to time, its notice addresses by giving at least 10 days written notice to the other Parties. If any time period provided in this Agreement ends on a Saturday, Sunday, or legal holiday, the period shall be extended to the first business day following such Saturday, Sunday or legal holiday. 5.10 Time. Time is of the essence in the performance by the Parties of their respective obligations under this Agreement. 5.11 Applicable Law and Venue. This Agreement shall be interpreted in accordance with the laws of the State of Texas. Venue shall be in Williamson County, Texas. 5.12 Non - Waiver. If a Party fails to insist on strict performance of any provision of this Agreement, such failure shall not be deemed a waiver by such Party of its right to insist on strict performance of such provision in the future or strict performance of any other provision of this Agreement. 5.13 Conflict. In the event of any conflict between this Agreement (adopted by Ordinance) and any City ordinances, resolutions, or policies, this Agreement shall control. 5.14 Binding Effect. This Agreement is a covenant running with the land and shall be binding on all subsequent owners of all or any portion of the Property. 5.15 Exhibits. The following exhibits are attached to this Agreement and are incorporated as part of this Agreement for all purposes as if set forth in full in the body of this Agreement. Exhibit A Exhibit B Exhibit C Exhibit D Description of the Property Depiction of the Property Depiction of Southwest Bypass Road Depictions of Right -of -Way Tract, including the Water Quality Pond (includes Exhibits D -1, D -2 and D -3 Page 9 2080\010116502.18 Exhibit E Exhibit F Exhibit G Exhibit H Depiction of the Barnes Property Form of Survey License Form of Special Warranty Deed from TCS to the City Form of License from GRR to the City Executed by Owner and the City to be effective on the Effective Date. [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] Page 10 2080\010\16502.. 0 THE CITY OF GEORGETOWN BY: Approved as to Form: Stlitrit,i, S05e daa 14 tell 5, ze /r Mark Sokolow, City Attorney Attest: THE STATE OF TEXAS COUNTY OF WILLIAMSON This instrument was acknowledged before me on this day of March, 2011, by George Garver, Mayor of the City of Georgetown and acknowledged to me that he executed the same on behalf of said City. JESSICA E. HAMILTON MY COMMISSION EXPIRES June 1,2011 Public i ' • V or the State of Texas Page 1 1 2080\010\1650 Texas Crushed Stone Company, a Texas corporation By: THE STATE OF TEXAS COUNTY OF WILLIAMSON § VtiS W. B. Snead, President This instrument was acknowledged before me on this 10 day of March, 2011, by W. B. Snead, President of Texas Crusted Stone Company, a Texas corporation, and acknowledged to me that he executed the same for the purposes and consideration therein expressed on behalf of said corporation. Notary Public in and for the State of Texas KAREN P. LESCHBER MY COMMISSION EXPIRES July 21,2011 THE STATE OF TEXAS COUNTY OF WILLIAMSON § Georgetown Railroad Company, Inc. a Texas corporation By: DPI, W. B. Snead, Chairman of the Board This instrument was acknowledged before me on this ICY/ day of March, 2011, by W. B. Snead, Chairman of the Board of Georgetown Railroad Company, Inc., and acknowledged to me that he executed the same for the purposes and consideration therein expressed on behalf of said co . • ratio KAREN P. LESCHBER MY COMMISSION EXPIRES July 21,2011 AFTER RECORDING RETURN TO: Texas Crushed Stone P.O. Box 1000 Georgetown, Texas 78627 Notary Public in and for the State of Texas Page 12 200\010\16502.18 Exhibit A: Part One DESCRIPTION OF CITY OF GEORGETOWN, TEXAS, INDUSTRIAL DISTRICT AGREEMENT, PART ONE: BEING A TRACT OF LAND LOCATED IN THE JOSEPH THOMPSON SURVEY, ABSTRACT NO. 608, THE JOHN POWELL SURVEY, ABSTRACT NO. 491, THE FRANCIS A. HUDSON SURVEY, ABSTRACT NO. 295. AND THE LOUIS DYCHES SURVEY, ABSTRACT NO. 180, WILLIAMSON COUNTY, TEXAS, BEING ALL OF A CALLED 524.79 ACRE TRACT OR PARCEL OF LAND DESCRIBED IN A WARRANTY DEED, CONVEYED TO TEXAS CRUSHED STONE COMPANY, RECORDED IN VOLUME 1679, PAGE 21 OF THE OFFICIAL RECORDS OF WILLIAMSON COUNTY, TEXAS, BEING ALL OF A CALLED 40.276 ACRE TRACT OR PARCEL OF LAND DESCRIBED IN A SPECIAL WARRANTY DEED, CONVEYED TO TEXAS CRUSHED STONE COMPANY, RECORDED IN DOCUMENT NO. 9821391 OF THE OFFICIAL RECORDS OF WILLIAMSON COUNTY, TEXAS, BEING A PORTION OF A CALLED 1601.61 ACRE TRACT OR PARCEL OF LAND DESCRIBED IN A WARRANTY DEED, CONVEYED TO TEXAS CRUSHED STONE COMPANY, RECORDED IN VOLUME 634, PAGE 366 OF THE DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, BEING ALL OF A CALLED 477.15 ACRE TRACT OR PARCEL OF LAND DESCRIBED IN A DEED, CONVEYED TO TEXAS CRUSHED STONE COMPANY, RECORDED IN VOLUME 491, PAGE 598 OF THE DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, BEING ALL OF THE REMNANT PORTION OF A CALLED 611.61 ACRE TRACT OR PARCEL OF LAND DESCRIBED IN A DEED TO TEXAS CRUSHED STONE COMPANY INCORPORATED, RECORDED IN VOLUME 427, PAGE 419 OF THE DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, BEING ALL OF THE REMNANT PORTION OF A CALLED 11.61 ACRE TRACT OR PARCEL OF LAND CONVEYED TO TEXAS CRUSHED STONE COMPANY, RECORDED IN VOLUME 435, PAGE 471 OF THE DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, BEING ALL OF THE REMNANT PORTION OF A CALLED 11.61 ACRE TRACT OR PARCEL OF LAND DESCRIBED IN A DEED, CONVEYED TO TEXAS CRUSHED STONE COMPANY, RECORDED IN VOLUME 512, PAGE 292 OF THE DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, BEING ALL OF A CALLED 16.15 ACRE TRACT DESCRIBED IN A WARRANTY DEED TO GEORGETOWN RAILROAD COMPANY, INC., RECORDED IN VOLUME 827, PAGE 25 OF THE DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, BEING ALL OF THE REMNANT PORTION OF A CALLED 93.65 ACRE TRACT OR PARCEL OF LAND DESCRIBED IN A DEED TO TEXAS CRUSHED STONE COMPANY, RECORDED IN VOLUME 427, PAGE 615 OF THE DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, BEING A PORTION OF TRACT I , CALLED A 2023.28 ACRE TRACT OR PACEL OF LAND DESCRIBED IN A SPECIAL WARRANTY DEED, CONVEYED TO TEXAS CRUSHED STONE COMPANY, RECORDED IN VOLUME 880, PAGE 638 OF THE DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, BEING ALL OF A CALLED 5.0 ACRE TRACT A- I Exhibit A: Part One OR PARCEL OF LAND DESCRIBED IN A DEED, CONVEYED TO GEORGETOWN RAILROAD COMPANY, RECORDED IN VOLUME 475. PAGE 41 OF THE DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, BEING ALL OF A CALLED 7.85 ACRE TRACT OR PARCEL OF LAND DESCRIBE IN A DEED, CONVEYED TO GEORGETOWN RAILROAD COMPANY, RECORDED IN VOLUME 466, PAGE 209 OF THE DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, BEING ALL OF A CALLED 6.82 ACRE TRACT OR PARCEL OF LAND DESCRIBED IN A GENERAL WARRANTY DEED, CONVEYED TO TEXAS CRUSHED STONE COMPANY, RECORDED IN VOLUME 852, PAGE 369 OF THE DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, BEING ALL OF A CALLED 20.9 ACRE TRACT OR PARCEL OF LAND DESCRIBED IN A DEED, CONVEYED TO MERLE WEIR, RECORDED IN VOLUME 603, PAGE 39 OF THE DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, BEING ALL OF A CALLED 3.182 ACRE TRACT OR PARCEL OF LAND CONVEYED TO LCRA TRANSMISSION SERVICE CORPORATION, RECORDED IN DOCUMENT NO. 2001088595 OF THE OFFICIAL PUBLIC RECORDS OF WILLIAMSON COUNTY, TEXAS, SAID 3.182 ACRE TRACT OF LAND BEING DESCRIBED IN VOLUME 2253, PAGE 189 OF THE OFFICIAL RECORDS OF WILLIAMSON COUNTY, TEXAS, BEING ALL OF A CALLED 15.01 ACRE TRACT OR PARCEL OF LAND DESCRIBED IN A WARRANTY DEED, CONVEYED TO TEXAS CRUSHED STONE COMPANY, RECORDED IN VOLUME 827, PAGE 22 OF THE DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, BEING ALL OF A CALLED 18.584 ACRE TRACT OR PARCEL OF LAND DESCRIBED IN A DEED, CONVEYED TO GEORGETOWN RAILROAD COMPANY, INC., RECORDED IN VOLUME 822, PAGE 435 OF THE DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, BEING ALL OF TRACT NO. 1 A CALLED 40.00 ACRE TRACT OR PARCEL OF LAND, AND ALL OF TRACT NO. 2 CALLED A 10.00 ACRE TRACT OR PARCEL OF LAND DESCRIBED IN A WARRANTY DEED, CONVEYED TO GEORGETOWN RAILROAD COMPANY, RECORDED IN VOLUME 751, PAGE 602 OF THE DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, BEING ALL OF A CALLED 175.62 ACRE TRACT OR PARCEL OF LAND DESCRIBED IN A WARRANTY DEED, CONVEYED TO TEXAS CRUSHED STONE COMPANY, RECORDED IN VOLUME 744, PAGE 516 OF THE DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, BEING A PORTION OF THE REMNANT PORTION OF A CALLED 569.98 ACRE TRACT OR PARCEL OF LAND DESCRIBED IN A DEED TO L. G. WEIR AND WIFE, MERLE P. WEIR, RECORDED IN VOLUME 462, PAGE 623 OF THE DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, BEING A PORTION OF THE REMNANT PORTION OF A CALLED 895.97 ACRE TRACT OR PARCEL OF LAND DESCRIBED IN A DEED, CONVEYED TO A. C. WEIR AND WIFE, ESTHER M. WEIR, RECORDED IN VOLUME 462, PAGE 648 OF THE DEED RECORDS OF WILLIAMSON COUNTY. TEXAS, BEING A PORTION OF A CALLED 3.49 ACRE TRACT OR PARCEL OF LAND DESCRIBED IN A WARRANTY DEED, CONVEYED TO TEXAS CRUSHED STONE COMPANY, RECORDED IN VOLUME A- 2 Exhibit A: Part One 778, PAGE 491 OF THE DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, BEING A PORTION OF A CALLED 396.40 ACRE TRACT OR PARCEL OF LAND DESCRIBED IN A DEED TO TEXAS CRUSHED STONE COMPANY, RECORDED IN VOLUME 522, PAGE 455 OF THE DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, AND BEING ALL OF THE GEORGETOWN RAILROAD RIGHT -OF -WAY LYING WITHIN SAID TRACTS, SAID ANNEXATION AREA SW1 BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING at the intersection of the south right -of -way line of Ranch Road 2243 and the east right -of -way line of County Road 176. being the northwest corner of said 524.79 acre tract recorded in Volume 1679, Page 21, and the southwest corner of the boundary line of City of Georgetown Annexation Ordinance No. 2005 -101, for the northwest corner and POINT OF BEGINNING of the herein described tract; THENCE in a southerly direction with the west boundary line of said 524.79 acre tract and the east right -of -way line of said County Road 176 to a point at the intersection of the east right -of -way line of said County Road 176 and the south right -of -way line of said County Road 176 and being the northeast corner of a 60' Road Easement located in Whitetail Subdivision as shown on a plat recorded in Cabinet C, Slides 117 -122 of the Plat Records of Williamson County, Texas; THENCE continuing in a southerly direction with the west boundary line of said 524.79 acre tract and the east boundary line of said 60' Road Easement to the southwest corner of said 524.79 acre tract, same being the northwest corner of Lot 1, Whitetail Section II, a subdivision recorded in Cabinet D, Slide141 of the Plat Records of Williamson County, Texas; THENCE in a easterly direction with the south boundary line of said 524.79 acre tract and the north boundary line of said Whitetail Section II to the northeast corner of said Whitetail Section II, same being the westernmost northwest corner of said 1601.61 acre tract recorded in Volume 634, Page 366; THENCE in a southerly direction with the east boundary line of said Whitetail Section 11 and a west boundary line of said 1601.61 acre tract to the southeast corner of said Whitetail Section II and the northwest corner of a called 345.67 acre tract or parcel of land, conveyed to The Highlands at Mayfield Ranch, Ltd., recorded in Document No. 2004053926 of the Official Public Records of Williamson County, Texas; THENCE continuing in a southerly direction with the east boundary line of said 345.67 acre tract and a west boundary line of said 1601.61 acre tract to an exterior ell comer of said 345.67 acre tract; Exhibit A: Part One THENCE departing the east boundary line of said 345.67 acre tract, in an easterly direction, in part through the interior of said 1601.61 acre tract and in part through the interior of said 2023.28 acre tract recorded in Volume 880, Page 638, with a line 10,560 feet (two miles) south of and parallel with the south right -of -way line of said Ranch Road 2243 and the south line of said City of Georgetown Annexation Ordinance No. 2005 -101 to a point which is 10,560 feet (two miles) west of the west right -of -way line of Interstate Highway No. 35; THENCE continuing through the interior of said 2023.28 acre tract in a southerly direction with a line10,560 feet (two miles) west of and parallel with the west right -of- way line of Interstate Highway No. 35 to the south line of said John Powell Survey, Abstract No. 491, same being the north line of the Ephraim Evans Survey, Abstract No. 212; THENCE continuing through the interior of said 2023.28 acre tract, in an easterly direction with the south line of said John Powell Survey, Abstract No. 491 and the north line of said Ephraim Evans Survey, Abstract No. 212 to an interior ell corner of said 2023.28 acre tract, same being the southwest corner of said 611.61 acre tract recorded in Volume 427, Page 419; THENCE continuing in an easterly direction with the south line of said John Powell Survey, Abstract No. 491, the north line of said Ephraim Evans Survey, Abstract No. 212 and north boundary line of said 2023.28 acre tract and the south boundary line of said 611.61 acre tract to the southeast comer of said 611.61 acre tract and the southwest comer of the remnant portion of said 11.61 acre tract recorded in Volume 512, Page 292; THENCE continuing in an easterly direction with the south line of said John Powell Survey, Abstract No. 491, the north line of said Ephraim Evans Survey, Abstract No. 212, and north line of said 2023.28 acre tract and the south line of the remnant portion of said 11.61 acre tract to the southwest corner of said 16.15 acre tract recorded in Volume 827, Page 25; THENCE continuing in an easterly direction with the south line of said John Powell Survey, Abstract No. 491, the north line of said Ephraim Evans Survey, Abstract No. 212, and north line of said 2023.28 acre tract and the south line of said 16.15 acre tract to the west right -of -way line of said Georgetown Railroad, the southeast corner of said 16.15 acre tract and the easternmost northeast corner of said 2023.28 acre tract; THENCE continuing in an easterly direction with the south line of said John Powell Survey, Abstract No. 491, the north line of said Ephraim Evans Survey, Abstract No. 212 crossing the right -of -way of said Georgetown Railroad to the west boundary line of Tract 2, called a 35.23 acre tract or parcel of land conveyed to Texas Crushed Stone Company in said Volume 880, Page 638 of the Deed Records of Williamson County, Texas, same A- 4 Exhibit A: Part One being the east right -of -way line of the Georgetown Railroad, for the southernmost southeast corner of the herein described tract; THENCE in a northerly direction with the west boundary line of said 35.23 acre tract, the east right -of -way line of said Georgetown Railroad to a point in the south boundary line of said 93.65 acre tract recorded in Volume 427, Page 615 and being the northwest corner of said 35.23 acre tract and the south corner of said 5.0 acre tract recorded in Volume 475, Page 41; THENCE in a easterly direction with the north boundary line of said 35.23 acre tract and the south boundary line of said 93.65 acre tract to the west right -of -way line of said Interstate Highway No. 35, same being the west boundary line of that certain tract of land described in the City of Georgetown Annexation Ordinance No. 71 -A6, same being the southeast corner of the remnant portion of said 93.65 acre tract and the northeast corner of said 35.23 acre tract; THENCE in a northerly direction, with the west right -of -way line of said Interstate Highway No. 35, the west boundary line of said City of Georgetown Annexation Ordinance No. 71 -A6 and the east boundary line of the remnant portion of said 93.65 acre tract, and in part with the east boundary line of the remnant portion of said 611.61 acre tract to the northwest corner of said City of Georgetown Annexation Ordinance No. 71 -A6, same being the southwest corner of the City of Georgetown Annexation Ordinance No. 71 -A5; THENCE continuing in a northerly direction with the west right -of -way line of said Interstate Highway No. 35, the west boundary line of said City of Georgetown Annexation Ordinance No. 71 -A5, in part with the east boundary line of the remnant portion of said 611.61 acre tract, the east line of the remnant portion of said 11.61 acre tract recorded in Volume 435, Page 471 and with the east boundary line of said 6.82 acre tract recorded in Volume 852, Page 369, the east boundary line of said 15.01 acre tract recorded in Volume 827, Page 22, the most easterly boundary line of the remnant portion of said 569.98 acre tract recorded in Volume 462, Page 623, the east boundary line of said 18.584 acre tract recorded in Volume 822, Page 435, the east boundary line of said 10.00 acre tract recorded in Volume 751, Page 602, and in part the east boundary line of said 175.62 acre tract recorded in Volume 744, Page 516, to the northwest corner of said City of Georgetown Annexation Ordinance No. 71 -A5 and the southwest corner of the City of Georgetown Annexation Ordinance No. 65 -A4; THENCE continuing in a northerly direction with the west right -of -way line of said Interstate Highway No. 35, the west line of said City of Georgetown Annexation Ordinance No. 65 -A4 and in part a east boundary line of said 175.62 acre tract to the easternmost northeast corner of said 175.62 acre tract and the southeast corner of a called 4.37 acre tract or parcel of land conveyed to JDP Properties, Ltd., recorded in Document A- 5 Exhibit A: Part One No. 2005099835 of the Official Public Records of Williamson County, Texas, same being the southeast corner of the City of Georgetown Annexation Ordinance No. 86 -64; THENCE departing the west boundary line of said City of Georgetown Annexation Ordinance No. 65 -A4 and the west right -of -way line of said Interstate Highway No. 35, in a westerly direction with the east boundary line of said 175.62 acre tract, the south boundary line of said 4.37 acre tract and the south boundary line of said City of Georgetown Annexation Ordinance No. 86 -64, to the east right -of -way line of said Georgetown Railroad, being the southwest corner of said 4.37 acre tract, and an interior ell comer of said 175.62 acre tract; THENCE continuing in a westerly direction crossing the right -of -way of said Georgetown Railroad, through the interior of said 175.62 acre tract, with the south line of said City of Georgetown Annexation Ordinance No. 86 -64 to the west right - of-way line of said Georgetown Railroad, and being the southwest corner of said City of Georgetown Annexation Ordinance No. 86 -64, THENCE continuing through the interior of said 175.62 acre tract in a northerly direction, with the west right -of -way line of said Georgetown Railroad and the west boundary line of said City of Georgetown Annexation Ordinance No. 86 -64 to the westerly boundary line of Tract 12 of the City of Georgetown Annexation Ordinance No. 870403 and a westerly boundary line of Parcel D, called a 29.93 acre tract or parcel of land, conveyed to Paul John Charles Laubach, Charles Henry Martin Laubach and Wilburn Bernard Laubach, Trustees an undivided 12 /32nds of '/z interest, recorded in Volume 929, Page 138 of the Deed Records of Williamson County, Texas and being a point in the east boundary line of said 175.62 acre tract; THENCE in a northerly direction with the east boundary line of said 175.62 acre tract and the westerly boundary line of said City of Georgetown Annexation Ordinance No. 870403, to the northernmost northeast corner of said 175.62 acre tract, being an interior ell corner of said 29.93 acre tract and being an interior ell corner of said City of Georgetown Annexation Ordinance No. 870403; THENCE in a westerly direction with the north line of said 175.62 acre tract and the south line of said City of Georgetown Annexation Ordinance No. 870403 passing the southwest comer of said 29.93 acre tract, and continuing in a westerly direction in part with the south boundary line of the remnant portion the First Tract, called a 187.86 acre tract or parcel of land, conveyed to W. W. Laubach, recorded in Volume 329, Page 194 of the Deed Records of Williamson County, Texas, to the east boundary line of the remnant portion of said 569.98 acre tract recorded in Volume 462, Page 623, and being the northwest corner of said 175.62 acre tract, the southwest corner of said 187.86 acre tract and the southwest corner of said City of Georgetown Annexation Ordinance No. 870403; A- 6 Exhibit A: Part One THENCE in a northerly direction with the east boundary line of said 569.98 acre tract, the west boundary line of said 187.86 acre tract and the west boundary line of said City of Georgetown Annexation Ordinance No. 870403 to the northwest comer of said 187.86 acre tract, the northwest corner of said City of Georgetown Annexation Ordinance No. 870403, the southwest corner of the City of Georgetown Annexation Ordinance No. 84- 56 and the southwest corner of Sierra Vista Section Two a subdivision recorded in Cabinet F, Slide 50 of the Plat Records of Williamson County, Texas; THENCE continuing in a northerly direction with said east boundary line of the 569.98 acre tract, the west boundary line of said Sierra Vista Section Two and the west boundary line of said City of Georgetown Annexation Ordinance No. 84 -56 to the northwest corner of said Sierra Vista Section Two, the northwest corner of said City of Georgetown Annexation Ordinance No. 84 -56, the southwest corner of the City of Georgetown Annexation Ordinance No. 82 -39 and the southwest corner of a called 42.5 acre tract or parcel of land conveyed to The Trustees of the Georgetown Independent School District and their Successors in Office, recorded in Volume 765, Page 213 of the Deed Records of Williamson County, Texas; THENCE continuing in a northerly direction with said east boundary line of the 569.98 acre tract, the west boundary line of said 42.5 acre tract and the west boundary line of the City of Georgetown Annexation Ordinance No. 82 -39 to the south right -of -way line of said Ranch Road 2243 and the south boundary line of Tract 11 of the City of Georgetown Annexation Ordinance No. 870400, being the northwest corner of said 42.5 acre tract, the northwest comer of said City of Georgetown Annexation Ordinance No. 82 -39 and the northernmost northeast comer of said 569.98 acre tract; THENCE in a westerly direction with the north line of said 569.98 acre tract, the south right -of -way line of said Ranch Road 2243 and the south boundary line of Tract 11 of said City of Georgetown Annexation Ordinance No. 870400 to the east boundary line of Tract 7 of the City of Georgetown Annexation Ordinance No. 86 -59; THENCE in a southerly direction with the east boundary line of said City of Georgetown Annexation Ordinance No. 86 -59, departing the south right -of -way line of said Ranch Road 2243 and the south boundary line of said Tract 11 of said City of Georgetown Annexation Ordinance No. 870400, through the interior of said 569.98 acre tract to the southeast corner of said Tract 7 of said City of Georgetown Annexation Ordinance No. 86 -59; THENCE continuing through the interior of said 569.98 acre tract, in a westerly direction with the south line of said Tract 7 of said City of Georgetown Annexation Ordinance No. 86 -59 to an exterior ell comer of said Tract 7 of said City of Georgetown Annexation Ordinance No. 86 -59; A -7 Exhibit A: Part One THENCE continue through the interior of said 569.98 acre tract in a northerly direction with the west line of said Tract 7 of said City of Georgetown Annexation Ordinance No. 86 -59 to an interior ell corner of said Tract 7 of said City of Georgetown Annexation Ordinance No. 86 -59; THENCE in a westerly direction with a south line of said Tract 7 of said City of Georgetown Annexation Ordinance No. 86 -59 in part through the interior of said 569.98 acre tract, in part through the interior of the said 396.40 acre tract recorded in Volume 522, Page455, in part through the interior of said 895.97 acre tract recorded in Volume 462, Page 648 and in part through the interior of said 3.49 acre tract recorded in Volume 778, Page 491 to the southwest corner of said City of Georgetown Annexation Ordinance No. 86 -59, same being a point in the interior of said 396.40 acre tract; THENCE through the interior of said 396.40 acre tract, in a northerly direction with the west boundary line of said City of Georgetown Annexation Ordinance No. 86 -59 to the south right -of -way line of said Ranch Road 2243, same being the south boundary line of said City of Georgetown Annexation Ordinance No. 2005 -101; THENCE in a westerly direction with the south right -of -way line of said Ranch Road 2243, the south boundary line of said City of Georgetown Annexation Ordinance No. 2005 -101, in part with the north line of said 396.40 acre tract, the north line of said 1601.61 acre tract recorded in Volume 634, Page 366, the north line of said 40.276 acre tract recorded in Document No. 9821391 and the north line of said 524.79 acre tract recorded in Volume 1679, Page 21 to the POINT OF BEGINNING. This document was prepared under 22 §TAC 663.21, does not reflect the results of an on the ground survey, and is not to be used to convey or establish interests in real property except those rights and interests implied or established by the creation or reconfiguration of the boundary of the political subdivision for which it was prepared. Exhibit A: Part Two DESCRIPTION OF CITY OF GEORGETOWN, TEXAS, INDUSTRIAL DISTRICT AGREEMENT BOUNDARY, PART TWO: BEING A TRACT OF LAND LOCATED IN THE JOSEPH THOMPSON SURVEY, ABSTRACT NO. 608 AND THE ISAAC DONAGAN SURVEY, ABSTRACT NO. 178, BEING ALL OF A CALLED 190.40 ACRE TRACT OR PARCEL OF LAND DESCRIBED IN A WARRANTY DEED, CONVEYED TO TEXAS CRUSHED STONE COMPANY, RECORDED IN VOLUME 743, PAGE 47 OF THE DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, BEING A PORTION OF A CALLED 416.78 ACRE TRACT OR PARCEL OF LAND DESCRIBED IN A DEED, CONVEYED TO TEXAS CRUSHED STONE COMPANY, RECORDED IN VOLUME 740, PAGE 530 OF THE DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, BEING A PORTION OF THE REMNANTS OF A CALLED 22.54 ACRE TRACT OR PARCEL OF LAND DESCRIBED IN A DEED, CONVEYED TO SAM HARRIS AND WIFE, CLELLIA R. HARRIS, RECORDED IN VOLUME 531, PAGE 795 OF THE DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, AND BEING A PORTION OF A CALLED 2.54 ACRE TRACT OR PARCEL OF LAND CONVEYED TO TEXAS CRUSHED STONE COMPANY, RECORDED IN VOLUME 740, PAGE 534 OF THE DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, SAID 2.54 ACRE TRACT OF LAND BEING DESCRIBED IN VOLUME 674, PAGE 803 OF THE DEED RECORDS OF WILLIAMSON COUNTY, TEXAS. SAID TRACT OF LAND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING at a point in the center of the South San Gabriel River, said point being the northwest corner of said 190.40 acre tract recorded in Volume 743, Page 47, and the northwest comer of the herein described tract, same being an interior ell corner of a called 324.00 acre tract or parcel of land described in a Special Warranty Deed, conveyed to Laredo WO, Ltd., recorded in Document No. 2007014278 of the Official Public Records of Williamson County, Texas; THENCE in a easterly direction with the meanders of said South San Gabriel River, the north boundary line of said 190.40 acre tract and the south boundary line of said 324.00 acre tract passing the easternmost southeast corner of said 324.00 acre tract, and continuing to the northeast corner of said 190.40 acre tract, same being the northernmost northwest corner of said 416.78 acre tract recorded in Volume 740, Page 530; THENCE in an easterly and southerly direction with the northeasterly boundary line of said 416.78 acre tract and the meanders of said South San Gabriel River to the southwest corner of a called 307.848 acre tract or parcel of land described in a Warranty Deed with Vendor's Lien, conveyed to San Gabriel Harvard Limited Partnership, recorded in Document No. 2002093325 of the Official Public Records of Williamson County, Texas, same being the southwest comer of the tract of land described in the City of Georgetown Annexation Ordinance No. 2003 -84; A- 9 Exhibit A: Part Two THENCE in an easterly direction with the meanders of said South San Gabriel River, a north boundary line of said 416.78 acre tract, the south boundary line of said 307.848 acre tract and the south boundary line of said City of Georgetown Annexation Ordinance No. 2003 -84 to the easternmost northeast corner of said 416.78 acre tract, the easternmost northeast corner of the herein described tract and the northwest corner of a tract or parcel of land conveyed to A. C. Weir Ranch, Ltd., recorded in Document No. 2005090431 of the Official Public Records of Williamson County, Texas, said tract of land being described as the First Tract, called a 1048.20 acre tract or parcel of land, recorded in Volume 522, Page 451 of the Deed Records of Williamson County, Texas; THENCE in a southerly direction with the east boundary line of said 416.78 acre tract and the west boundary line said 1048.20 acre tract to the northwest corner of said 2.54 acre tract recorded in Volume 740, Page 534, same being an exterior ell corner of said 1048.20 acre tract; THENCE departing the east boundary line of said 416.78 acre tract in a easterly direction with a south boundary line of said 1048.20 acre tract and the north boundary line of said 2.54 acre tract, passing the northeast corner of said 2.54 acre tract and continuing in an easterly direction with the north boundary line of the remnant portion of said 22.54 acre tract recorded in Volume 531, Page 795, to the northeast corner of said 22.54 acre tract, same being an interior ell corner of said 1048.20 acre tract; THENCE in a southerly direction with the east boundary line of the remnant portion of said 22.54 acre tract and a west boundary line of said 1048.20 acre tract to the north boundary line of the City of Georgetown Annexation Ordinance No. 2005 -101; THENCE departing the west boundary line of said 1048.20 acre tract, in a westerly direction with the north boundary line of said City of Georgetown Annexation Ordinance No. 2005 -101, crossing the remnant portion of said 22.54 acre tract, the 2.54 acre tract and the 416.78 acre tract, to the east boundary line of said 416.78 acre tract and the west boundary line of a called 77.930 acre tract or parcel of land described in a Warranty Deed, conveyed to The Grady and Rose Barton Real Estate, LP, recorded in Document No. 2008085977 of the Official Public Records of Williamson County, Texas; THENCE in a northerly direction with the west boundary line of said 416.78 acre tract and the east boundary line of said 77.930 acre tract to the southernmost southwest corner of said 190.40 acre tract, same being an exterior ell corner of said 416.78 acre tract; THENCE in a northwesterly direction with the south boundary line of said 190.40 acre tract and a north boundary line of said 77.930 acre tract to the westernmost southwest corner of said 190.40 acre tract, same being an exterior ell corner of said 77.930 acre tract and the southeast comer of a called 203.137 acre tract or parcel of land described in a A-10 Exhibit A: Part Two Special Warranty Deed. conveyed to Laredo WO Ltd., recorded in Document No. 2007014282 of the Official Public Records of Williamson County, Texas; THENCE departing the north boundary line of said 77.930 acre tract in a northerly direction with the west boundary line of said 190.40 acre tract and the east boundary line of said 203.137 acre tract to the northeast corner of said 203.137 acre tract; THENCE continuing in a northerly direction with the west line of said 190.40 acre tract and a east line of said 324.00 acre tract to the POINT OF BEGINNING. This document was prepared under 22 §TAC 663.21, does not reflect the results of an on the ground survey, and is not to be used to convey or establish interests in real property except those rights and interests implied or established by the creation or reconfiguration of the boundary of the political subdivision for which it was prepared. Exhibit A SAVE & EXCEPT The following describes the 3.182 -acre parcel owned by the Lower Colorado River Authority (LCRA), WCAD # R344253. BEING ALL OF A CALLED 3.182 ACRE TRACT OR PARCEL OF LAND CONVEYED TO LCRA TRANSMISSION SERVICE CORPORATION, RECORDED IN DOCUMENT NO. 2001088595 OF THE OFFICIAL PUBLIC RECORDS OF WILLIAMSON COUNTY, TEXAS, SAID 3.182 ACRE TRACT OF LAND BEING DESCRIBED IN VOLUME 2253, PAGE 189 OF THE OFFICIAL RECORDS OF WILLIAMSON COUNTY, TEXAS. OWNER RIGHT-OF-WAY TRACT ,. - 1 1, -,....,.. 4, ' • 11, :, • .... • 1 ‘f ..... • _ . , . ...• ' • ... a "." t . • . . .... • .1 I '.‹.. NOTE: ALL CONCEPTS, DIMENSIONS AND AREAS SHOWN ARE PRELIMINARY, AND WILL BE FINALIZED 1 - , PURSUANT TO THE SURVEY (*SCRIBED IN SECTION APPARENT PROPERTY LINE 3.1 OF THE ApEEMENT. 1 ''''. me-•.'4' ,. 4.' ' '' !-- 4, '''.. ' . ..„.,, . .4 let 4.,., 1 :$6 . PROPOSED WATER. f - , -,t„, ' 400' POND ROW 1.6 A . 4. . 4' l• 11107 NOR NG: 101946'75.60 ' f, Jae.- Z/7 A NG: 3126086. 65 • . I . / -0 .... • • ,.., • ( - 0 cc CENTERLINE-- PROPOSED ROADWAY ROW . . I 0 A • . .... • . - 8. .,,,..... ... ,..,. TH ' ''',---WATER EASTING: 3127537.92 WELL NORTHING: 10194856.36 ROADWAY RIGHT OF WAY • 23.5 ACRES! WATER DUALITY POND • 1.6 ACRES XAS CRUSHED STONE COMPANY CALLED 175.62 AC VOL. 744, PG. 516 BEARING BASIS: NAD-83(19931, EXAS CENTRAL (4203), STATE LANE SYSTEM. THE COORDINATES OR THIS FILE ARE SURFACE COORDINATES BASED ON A INED SURFACE ADJUSTMENT ACTOR OF 1.00014. VERTICAL ATUM: NAVD-88. 500 5C HDR Engineereq.lm 4401 West Cinte AI. FjI( Actstr Texts 78745 (Firm $754) EXHIBIT "D - PART 1" G FORGFTOWN riNAS WEIR RIGHT—OF—WAY TRACT LI -1.3 ACRE- ./ _c0 _09° 0 - - 'N.,__,. --- ...-- ENTERLINE 1\-PROPOSED ROW b• 7-e- , „-- , .......- a - - 1 INF PR1OSEC POND ROW - SU dECT TO MODIFICATION AN RELOCATION IN DESIGN PH E OF PROJECT. E4S-tG: 312117.9 • ....-• MFARLE P. WEIR ESTATE i - CALLED 5E9.6,8 AC 1 L. 4E2, PG . 623 - e "-f „ , b.4 3 . . Ns. 3Q ONE SYSTEM. T IS ARE N s a Ea ON A IET FACTOR NAVD-841. - FOHDR Erigheedng Inc. R. 4401 West Gate Rya. Austin Texas 78745 11-itirr. #(54 1 __ .. EXHIBIT "D - PART 2" .4 KM GEOWATOWN 7 IVO Exhibit "D - Part 3" Railroad Crossing License r:r .saB GE(.)RC ;F IOWN TEXAS 0 200 400 Feet 10195059.67 l Easting: 3128583.61 Proposed Roadway Row Northing: _._. -- Northing: 10195078.93 Easting: 3128682.68 4. IV , Railroad Crossing 9 License — — - Proposed ROW EXHIBIT E To Industrial District Agreement T.C.S. PROPERTY PURC;EtASED FROM J.R.BARNS L o GRR PROPERTY DATE: EXHIBIT F To Industrial District Agreement TEXAS CRUSHED STONE COMPANY AND GEORGETOWN RAILROAD COMPANY, INC. RIGHT OF ENTRY FOR LAND SURVEYING ONLY OWNER: Texas Crushed Stone Company Georgetown Railroad Company, Inc. P.O. Box 1000 P.O. Box 529 Georgetown, TX 78627 -1000 Georgetown, TX 78627 -529 PROPERTY: Certain tracts, pieces or parcels of land situated in Williamson County, Texas described in Exhibit A. PROJECT: Georgetown Inner Loop between IH 35 and FM 2243. OWNER, in consideration of the promises made herein, hereby grants and demises to the City of Georgetown, Williamson County, Texas (the "CITY ") and its authorized agents the right and privilege to enter the PROPERTY only for the purpose of conducting work on, over and across the PROPERTY to measure the land and ascertain the boundaries of the PROPERTY required for the PROJECT. No other surveys, investigations, or studies are authorized under this Right of Entry. This right of entry is personal to the CITY, is not assignable, and any attempt to assign this Right of Entry will terminate the privileges granted to the CITY hereunder. It is agreed that in the use of the PROPERTY, the CITY is acting independently and not as an agent, employee, or representative of OWNER. The CITY AND ITS AGENTS SHALL INDEMNIFY AND HOLD HARMLESS OWNER FROM AND AGAINST ANY AND ALL CLAIMS, DEMANDS, LOSSES, OR LIABILITIES OF ANY KIND OR NATURE, WHICH OWNER MAY SUSTAIN OR INCUR OR WHICH MAY BE IMPOSED UPON OWNER FOR INJURY TO OR DEATH OF ANY PERSON, OR DAMAGE TO PROPERTY AS A RESULT, ARISING OUT OF, OR IN ANY MANNER CONNECTED WITH THIS RIGHT OF ENTRY OR WITH THE USE OF THE PROPERTY BY THE CITY. The CITY, by acceptance of this Right of Entry agrees, after completing any work on the PROPERTY, to restore the surface of the PROPERTY, as nearly as possible, to the condition in which such property was found immediately before work was undertaken. This Right of Entry commences and terminates no later than December 31, 2012. This Right of Entry is for up to 10 hours per day within the specified period. The CITY Right of Entry for Surveying Page 1 20801010 \16568.6 shall provide written notice to OWNER at least 48 hours prior to entry on the PROPERTY. OWNER may escort the CITY and its agents while on the PROPERTY. THIS RIGHT OF ENTRY CONTAINS INDEMNITY PROVISIONS. ACCEPTED BY: CITY OF GEORGETOWN DATE: OWNER: Before signing, insert a separate signature block for Texas Crushed Stone Company and a separate signature block for Georgetown Railroad Company, Inc. DATE: Exhibits to be attached before signing: Exhibit A — Description of the Property (Limited to Industrial District Agreement Exhibit D) Right of Entry for Surveying Page 2 2080\010 \16568.6 EXHIBIT G To Industrial District Agreement SPECIAL WARRANTY DEED THE STATE OF TEXAS § COUNTY OF WILLIAMSON § WHEREAS, reference is made to that certain Industrial District Agreement (the "Agreement ") effective March 31, 2011, by and among Texas Crushed Stone Company (hereinafter referred to as "Grantor "), whose mailing address is P.O. Box 1000, Georgetown, Texas 78627, Georgetown Railroad Company, and the City of Georgetown ( "hereinafter referred to as "Grantee "), whose mailing address is P. O. Box 409, Georgetown, Texas 78627; NOW, THEREFORE, in accordance with the terms of the Agreement, Grantor, subject to the reservations, exceptions and limitations herein, hereby gives, donates and conveys to Grantee for a term commencing on the date hereof and ending March 31, 2026 (said term being referred to herein as the "Primary Term ") and so long thereafter as the Southwest Bypass Road (as defined in the Agreement) is used, maintained, and open to the public for vehicular traffic, all of the following described property located in Williamson County, Texas: Those certain strips or parcels of land described in Exhibit A as the "Right -of -way Tracts ", including that portion described as the "Barnes ROW Tract," together with all fixtures and improvements thereon; provided, however, this grant is of a determinable interest, and Grantor retains and reserves the reversionary interest. If the Southwest Bypass Road is not constructed during the Primary Term or is not being used, maintained, and open to the public for vehicular traffic at the end of the Primary Term, or upon cessation of use and maintenance of the Southwest Bypass Road for such vehicular traffic at any time after the end of the Primary Term, the interest of Grantee terminates and reverts to Grantor (automatically, and without need of reentry or other action by Grantor). Upon termination of Grantee's interest, Grantee upon request shall execute and deliver to Grantor an instrument in recordable form acknowledging that its interest has terminated. Grantor reserves exclusive possession of the Right -of -way Tracts for the period from the date hereof until December 31, 2016 (said period being herein referred to as the "Stone Removal Period ") for all lawful purposes (including, but not limited to, use as a rock quarry and the related uses set forth in Section 2.1(a)(i) through (vi) of the Agreement). The foregoing notwithstanding, Grantee may take possession of the Barnes ROW Tract as early as December 31, 2012, by giving Grantor 150 days advance written notice that Grantee intends to commence construction of the road on said property; provided, however, until Grantee takes possession of the Barnes ROW Tract and demolishes the home on that property, Grantor may, at its option and at its sole risk and expense, occupy the home and salvage all or any part of the home; and provided further, if Grantee does not actually commence construction of the road on said property within thirty -five (35) days after such 150 -day period, Grantor may resume possession until such time as Grantee, after providing a new 150 -day notice, complies with the requirements for commencement of construction within thirty -five (35) days after the end of such 150 -day period. For purposes of this paragraph and the following paragraph, commencement of construction requires, at a minimum, that grading of the Barnes ROW Tract must be commenced. Grantor excepts and reserves all rock and limestone on, in and under the Right -of -way Tracts, together with the right to quarry and mine (including by surface - destructive methods), and remove and own the same, for the term of the Stone Removal Period. Grantor excepts and reserves all rock and limestone on, in and under the Barnes ROW Tract, together with the right to quarry and mine (including by surface - destructive methods), and remove and own the same, until the earlier to occur of (a) the expiration of the Stone Removal Period or (b) Grantee's commencement of construction on the Barnes ROW Tract. Grantor excepts and reserves all water and all oil, gas and other minerals in and under the Right -of -way Tracts. Grantor waives all rights of ingress and egress upon the surface of the Right -of -way Tracts for the purpose of exploring, developing, mining or drilling for the same; provided, however, Grantor reserves the right, exercisable at any time, to conduct operations for exploration and recovery of water and oil, gas and other minerals from beneath the surface of the Right -of -way Tracts so long as all surface operations in connection therewith are conducted from a location outside the boundaries of the Right -of -way Tracts and upon the condition that none of such operations shall be conducted so near the surface of the Right -of -way Tracts as to interfere with the intended use thereof. Grantor shall not have any duty to restore to original grade the surface of the Right -of- way Tracts, and Grantee takes possession of the Right -of -way Tracts "AS IS" as of the end of the Stone Removal Period (or, in the case of the Barnes ROW Tract, such earlier date as may be applicable as provided above). This conveyance is made by Grantor and accepted by Grantee subject to the following matters: (a) the use by Grantee of the Right -of -way Tracts is hereby restricted and limited to right - of -way for the road thereon and utilities that serve Grantor's property or provides a necessary loop or connection for adjacent utility facilities; (b) those portions of the Right -of -way Tracts designated for use as a water quality or detention pond are hereby restricted and limited to use for runoff from the road on the Right -of -way Tracts; (c) the use by Grantee of the Right -of -way Tracts is limited by the restrictions and conditions of the Agreement (including, without limitation, Section 3.2); and Special Warranty Deed Page 2 id20801010\16685.8 (d) the following, to the extent the same are valid and enforceable: any and all other restrictions, covenants, conditions, easements and licenses, rights of way, licenses affecting or relating to the above described property. The restrictions in (a) and (b) and (c) are imposed for the benefit of portions of the Property (as defined in the Agreement) other than the Right -of -Way Tract and for subsequent owners of the same or any part thereof. Grantor binds itself and its successors to warrant and forever defend, all and singular, the above described interests in the Right -of -way Tracts, subject to the limitations, exceptions, reservations and other matters above, to Grantee and Grantee's successors and assigns, against every person whomsoever lawfully claiming or to claim the same, or any part thereof, when the claim is by, through or under Grantor, but not otherwise. Grantee expressly agrees to perform and comply with all of the covenants and conditions (collectively, the "Southwest Bypass Road Conditions ") set forth in Exhibit B hereto, and the same are hereby incorporated herein by reference. The Southwest Bypass Road Conditions are covenants running with the land. Grantee agrees that in the event of any breach, violation, or failure to comply with the terms, conditions and restrictions hereof, in addition to other remedies that may be available to Grantor at law or in equity, Grantor shall be entitled to immediate injunctive relief and mandamus, to specific performance, and, to the maximum extent permitted by law, to actual damages (but excluding special or consequential damages) and recovery of reasonable attorneys fees. Grantee agrees and stipulates that the damages that will be suffered by Grantor as a result of any breach of the terms, conditions and restrictions hereof are difficult to calculate at this time. Grantee further agrees and stipulates that a breach of the terms, conditions and restrictions hereof will result in immediate and irreparable harm. Accordingly, Grantee agrees and stipulates that in the event of a threatened breach of the terms, conditions and restrictions hereof, Grantor will be entitled, as a matter of law, to have a temporary restraining order, preliminary injunction, and a permanent injunction issued and entered immediately by any court with jurisdiction over such claims. EXECUTED this ._ day of , 20 . GRANTOR: Texas Crushed Stone Company By: Name: Title: THE STATE OF TEXAS § COUNTY OF WILLIAMSON § Special Warranty Deed Page 3 2080 \010 \16685.8 This instrument was acknowledged before me on this _ day of , 20_, by of Texas Crushed Stone Company, a Texas corporation, and acknowledged to me that he/she executed the same for the purposes and consideration therein expressed on behalf of said corporation. Notary Public in and for the State of Texas AGREED TO AND ACCEPTED BY: City of : rgetow By: Name: Title: THE STATE OF TEXAS § COUNTY OF WILLIAMSON § This instrument was acknowledged before me on this day of , 20_, by of the City of Georgetown, a home -rule municipal corporation, and acknowledged to me that he /she executed the same for the purposes and consideration therein expressed on behalf of said municipality. Notary Public in and for the State of Texas AFTER RECORDING RETURN TO: City of Georgetown P.O. Box 409 Georgetown, Texas 78627 Attn: City Manager Exhibits to be attached before signing: Exhibit A — Description of the Right of Way Tracts (in accordance with Section 3.1 of the Agreement). Exhibit B — Southwest Bypass Road Conditions (consisting of those pertinent conditions, restrictions and covenants of Sections 3.2 and 3.3 of the Agreement that are not contained in the body of the Special Warranty Deed). Special Warranty Deed Page 4 2080 \010\16685.8 EXHIBIT H To Industrial District Agreement CITY OF GEORGETOWN RAILROAD CROSSING LICENSE This Railroad Crossing License (this "License ") is executed by the City of Georgetown, Williamson County, Texas (the "City ") and Georgetown Railroad Company, Inc., a Texas corporation ( "GRR "), to be effective , 20_ (the "Effective Date "). WITNESSETH WHEREAS, Williamson County, Texas (the "County ") and the City propose to construct the portion of the Georgetown Inner Loop between IH 35 and FM 2243 along the route and general alignment shown on Exhibit A (the "Southwest Bypass Road "); WHEREAS, the City and the County propose to construct the Southwest Bypass Road across GRR's tracks; WHEREAS, in conjunction with construction of the Southwest Bypass Road, it will be necessary for the City and the County to construct a grade - separated crossing at the point of intersection with GRR's property and to provide access under or over such road; WHEREAS, pursuant to that certain Industrial District Agreement between the City, GRR and Texas Crushed Stone Company effective March 31, 2011, GRR has agreed to license to the City that portion of GRR's property required for the Southwest Bypass Road described in Exhibit B (the "GRR License Tract ") to the City, provided certain conditions are met; and WHEREAS, construction of the Southwest Bypass Road shall be performed at no expense to GRR. AGREEMENT NOW THEREFORE, in consideration of the premises and of mutual covenants and agreements of the parties hereto, the parties agree as follows: 1. LICENSE AND PERMISSION. a. GRR hereby gives to the City license and permission for construction, operation, maintenance, reconstruction, replacement, upgrade, inspection, and repair of the Southwest Bypass Road across the GRR License Tract (the "Project "), subject to the following conditions (collectively, the "Southwest Bypass Conditions "): (i) The Georgetown Inner Loop shall be constructed from State Highway 130 at its point of intersection with County Road 104 East of Georgetown to State Highway 29 West of Georgetown, along the route and general alignment shown on Exhibit A. Railroad Crossing License Page 1 2080\010\16566 8 (ii) The Southwest Bypass Road shall be constructed as part of a road system meeting the American Association of State Highway and Transportation Officials (AASHTO) Policy of Geometric Design of Highways and Streets (a.k.a., the "Green Book ") standards. (iii) The Southwest Bypass Road shall be constructed with a grade separated crossing at its point of intersection with the GRR License Tract. b. The license and permission given pursuant to this License shall not prevent GRR from operating its trains or multiplying or changing its tracks across the GRR License Tract or over or under any grade separated crossing contemplated hereby. c. No legal right which GRR now has to reconstruct, maintain, and operate its existing track and appurtenances or to construct, maintain, and operate additional track and appurtenances upon and across the GRR License Tract shall in any way be affected by the giving of this License. d. Use by the City of the GRR License Tract for any use other than the Project is prohibited. In the event that the GRR License Tract or any portion thereof ceases to be used for the Project, this License shall immediately cease and terminate as to the portion of the GRR License Tract so abandoned. Further, this License shall immediately cease and terminate, in its entirety, if all of the Southwest Bypass Road Conditions are not satisfied by midnight on March 31, 2026. e. Notwithstanding anything to the contrary, GRR reserves all of the water, oil, gas, and other minerals in and under the GRR License Tract. GRR waives all rights of ingress and egress to the surface of the GRR License Tract for the purpose of exploring, developing, mining or drilling for the same; provided, however, that operations for exploration or recovery of any such minerals and water shall be permissible so long as all surface operations in connection therewith are located at a point outside the GRR License Tract and upon the condition that none of such operations shall be conducted so near the surface of said land as to interfere with the intended use thereof for the Southwest Bypass Road. f. All utilities, if any, required for the Project and constructed by the City within the GRR License Tract shall be below grade. The City shall construct utilities in accordance with the construction plans attached as Exhibit C (hereafter defined). g. The City shall cause the Project to conform to the then - current American Railway Engineering and Maintenance -of -Way Association (AREMA) specifications and best practices. h. The City agrees to provide a proposed Safety Plan ( "Safety Plan") to GRR at least two weeks prior to commencement of any work within the GRR License Tract in connection with the Project. GRR shall expeditiously review the proposed Safety Plan to confirm that the proposed plan does not interfere with railroad operations or create safety risks and, if necessary, provide comments to the City. The Safety Plan shall incorporate any additional protective services, devices and structures as GRR may reasonably deem necessary in order to promote the safety of GRR's operations, employees and property during or incident to the Railroad Crossing License Page 2 2080\010 \16566.8 installation of the Project within the GRR License Tract. The City and GRR shall agree on the final Safety Plan before commencement of any work within the GRR License Tract. The City's approval of the Safety Plan may not be unreasonably withheld. The Safety Plan shall require the City to notify GRR at least two weeks prior to commencement of work on the Project, and shall address proper procedures to be followed in the event of an accident during construction of the Project. All of the City's contractors and assigns shall be briefed on the Safety Plan before commencement of the Project and shall be required to comply with the Safety Plan. i. The City shall pay and bear the cost of anything herein required pursuant to the Safety Plan. Performance by GRR of work required by the Safety Plan does not relieve the City of the City's obligation to pay and bear the cost of such work. No provisions of this section or approval by GRR of any of the City's undertakings shall relieve the City of any responsibility or liability for claims, suits, damages, costs (including attorneys' fees), losses and expenses in any manner resulting from or arising out of or in connection with the Project. Nothing herein shall be construed, however, as the City having waived any available defenses to said claims, suits, damages, losses or expenses. j. From the Effective Date of this License until midnight on December 31, 2016, GRR reserves exclusive possession of the GRR License Tract. k. GRR will not be required to participate in the cost of the Project. 2. PLANS, CONSTRUCTION, and MAINTENANCE a. In order to provide for the safety of rail traffic, GRR may provide, at City's expense, flaggers during the period of performance of work related to the Project. The City shall give GRR's Superintendent of Transportation at least ten (10) days written notice prior to commencement of any flagging work hereunder. Provision of this service by GRR shall not relieve the City of any responsibility or liability. b. The City agrees to prepare plans and specifications for the Project, subject to approval by GRR. Said plans and specifications, after having been approved in writing by the City and GRR, are hereby adopted as plans and specifications for the Project and shall be marked Exhibit C and made a part hereof. No changes on Exhibit C shall be made without written approval by the City and GRR. Approvals required by this Section 2.b shall not be unreasonably withheld and shall be provided within 30 business days after plan submittal. c. The City shall furnish material for and perform work in connection with the Project in accordance with the approved plans and specifications. The City shall construct the Project across the GRR License Tract as shown on the plans and in accordance with approved specifications. Upon completion of the construction activities, the City shall maintain or arrange for the maintenance of such facilities. d. Unless otherwise agreed in writing by GRR and the City, GRR shall, at the City's sole cost, make such changes or alterations in the tracks, communication and signal pole and wire lines, pipe sewer and drainage, or other facilities or buildings located upon the GRR License Tract which may be displaced by the construction of the Project, as may be necessary to maintain continuous service and to restore such facilities to their former condition. Railroad Crossing License Page 3 20801010\16566.8 GRR shall prepare a written cost estimate for the alteration of such facilities, subject to approval by the City, which shall not be unreasonably withheld. GRR shall also include flagging costs pursuant to Section 2(a) in the estimate. The City shall reimburse GRR for such expenses within thirty (30) days after receipt of each invoice from GRR. e. The City assumes the entire responsibility for the construction, maintenance and use of the Project upon the GRR License Tract, and nothing contained herein shall ever be construed to place upon GRR any manner of liability for injury to or death of persons, or for damage to or loss of property arising from or in any manner connected with the Project. f. GRR, under terms of this License, gives the City permission to enter the GRR License Tract to perform routine maintenance and/or emergency work required in connection with the Project. 3. INSURANCE. The contract or contracts to be let by the City for the construction of the work to be undertaken hereunder shall provide: a. Comprehensive General Liability Insurance Policy. The City's contractor shall furnish evidence to the City that, with respect to the operations the contractor performs, the contractor carries a Standard Comprehensive General Liability Insurance Policy providing limits of not less than two million dollars ($2,000,000) for bodily injury and property damage per occurrence, and not less than two million dollars ($2,000,000) aggregate for all occurrences. If any part of the work is sublet, similar insurance shall be provided by or on behalf of the subcontractors to cover their operations. b. Contractors' Protective Liability Insurance. The City's contractor shall furnish evidence to the City that, with respect to the operations performed for the contractor by subcontractors, the contractor carries on his own behalf a Contractors' Protective Liability Insurance Policy providing for a limit of not less than two million dollars ($2,000,000) for bodily injury and property damage per occurrence, and not less than two million dollars (S2,000,000) aggregate for all occurrences. c. Railroad Protective Liability Insurance (which includes Bodily Injury. Property Damage, and Physical Damage Insurance). The City's contractor shall furnish an original policy to the City for and on behalf of GRR which, with respect to the operations the contractor or any subcontractors perform, provides the Standard Railroad Protective Liability Insurance Policy with a limit of not less than two million dollars ($2,000,000) for bodily injury, property damage and physical damage to property, and not less than six million dollars ($6,000,000) aggregate for all occurrences. d. General. The insurance specified in paragraphs (a) and (b) shall be carried until all work required to be performed under the terms of the contract is Railroad Crossing License Page 4 20801010\16566,8 satisfactorily completed as evidenced by formal acceptance by the City. The insurance specified in paragraph (c) above shall be carried until all work performed on the GRR License Tract in connection with the Project has been completed. 4. RESPONSIBLE FOR ITS OWN ACTIONS. The parties hereto acknowledge that they are not an agent, servant, or employee of the other party and are responsible for their own acts and deeds and for those of their agents and employees in connection with the Project. 5. PROTECTION OF FIBER OPTIC CABLE SYSTEMS. Fiber optic cable systems may be buried on the GRR License Tract. Protection of the fiber optic cable systems is of extreme importance since any break could disrupt service to users resulting in business interruption and loss of revenue and profits. The City and/or its contractor shall telephone Universal Texas at (800) 545 -6005 (a 24 -hour number) to determine if fiber optic cable is buried anywhere on GRR's premises to be used by the City. If it is, the City and/or its contractor will telephone the telecommunications company(ies) involved, arrange for a cable locator, and make arrangements for relocation or other protection of the fiber optic cable prior to beginning any work on the GRR License Tract. 6. LIMITED ACCESS. a. The City and/or its contractor hereby agrees that it will keep its employees, contractors, material, and machinery within the GRR License Tract unless otherwise agreed to by GRR and the City in writing. b. The City hereby agrees that the City and its contractor will keep their employees, material, and machinery at least twenty -five (25) feet from the centerline of GRR's nearest track. 7. TERM. This License will be in effect as of the Effective Date until March 31, 2026, and so long thereafter as the roadway constructed between IH 35 and FM 2243 is used, maintained, and open to the public for vehicular access, unless earlier terminated in accordance with Section 1(d). 8. TRANSFER. The City shall not assign this License, in whole or in part, or any rights herein granted, without the written consent of GRR. Any transfer or assignment of this License or any of the rights herein granted, whether voluntary, by operation of law, or otherwise, without GRR's written consent shall be absolutely void and, GRR, at its option, may terminate this License. 9. USE OF PROPERTY BY GRR. This license and permission is granted solely for the purposes of construction and maintenance of the Project by the City, at its sole cost and expense, in accordance with the plans to be attached as Exhibit C and is expressly subject and subordinate to the present and future rights of GRR, its successors, assignees, lessees, grantees and licensees to maintain, use, operate, and renew on, beneath, or above the surface of the GRR License Tract any telephone, telegraph, power, communication, or signal lines, poles and/or appurtenances, fiber optic communications, tracks, roadways, pipelines, structures, improvements or facilities of similar or different character, as now located, and to construct, Railroad Crossing License Page 5 2080 \010 \16566.8 install, establish and thereafter maintain, use, operate, and to renew on, beneath, or above the surface of the GRR License Tract, any or all said things, provided the same do not materially interfere with the City's use of the GRR License Tract as hereinabove provided. 10. NOTIFICATION. The City agrees to notify GRR in writing when all work on the GRR License Tract is complete. 11. REMEDIES. The City agrees that in the event of any breach, violation, or failure to comply with the terms, conditions and restrictions hereof, in addition to other remedies that may be available to GRR at law or in equity, GRR shall be entitled to immediate injunctive relief and mandamus, to specific performance, and, to the maximum extent permitted by law, to actual damages (but excluding special or consequential damages) and recovery of reasonable attorneys fees. The City agrees and stipulates that the damages that will be suffered by GRR as a result of any breach of the terms, conditions and restrictions hereof are difficult to calculate at this time. The City further agrees and stipulates that a breach of the terms, conditions and restrictions hereof will result in immediate and irreparable harm. Accordingly, the City agrees and stipulates that in the event of a threatened breach of the terms, conditions and restrictions hereof, GRR will be entitled, as a matter of law, to have a temporary restraining order, preliminary injunction, and a permanent injunction issued and entered immediately by any court with jurisdiction over such claims. IN WITNESS WHEREOF, the City and GRR have executed duplicate counterparts of this License on the dates indicated below. CITY OF GEORGETOWN By: Title: Date: GEORGETOWN RAILROAD COMPANY, INC. By: Date: William B. Snead, Chairman of the Board Notices: For the purposes of this License, all notices, correspondence, and other documentation shall be mailed to the following addresses: Railroad Crossing License Page 6 20801010\16566.8 For the City of Georgetown, Texas For Georgetown Railroad Company, Inc. The City of Georgetown P.O. Box 409 Georgetown, TX 78627 Attn: City Manager Georgetown Railroad Company, Inc. P.O. Box 529 Georgetown, TX 78627 -529 Attn: W.B. Snead, Chairman of the Board Exhibits to be attached before signing: Exhibit A — Southwest Bypass Road (Industrial District Agreement Exhibit C) Exhibit B — GRR License Tract (in accordance with Section 3.1 of the Industrial District Agreement) Exhibit to be attached upon approval pursuant to Section 2(b) of this License Exhibit C — Plans and Specifications Railroad Crossing License Page 7 2080\010\16566.8