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HomeMy WebLinkAboutRES 052416-I (group 2) - MUD CreationExhibit B Simon, Harvard. ABG and Watson Tract Descriptions [See attached Final 1 LA4/2006 -9- EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 24 of 75 Exhibit $ ,% 1707.749 ACRES ABG DEVELOPMENT SAN GABRIEL TRACT DESCRIPTION FN. NO. 06-560(MAZ) OCTOBER 04, 2006 BPI JOB NO. 1640-05.92 OF 1707.749 ACRES OF LAND OUT OF THE J_ THOMPSON SURVEY, ABSTRACT NO. 608; I. & G. N. R.R. SURVEY, ABSTRACT NO. 744; KEY WEST IRRIGATION SURVEY, ABSTRACT NO. 711; J.T. CHURCH SURVEY, ABSTRACT NO. 140; J.D. JOHNS SURVEY, ABSTRACT NO. 365; W.E. PATE SURVEY, ABSTRACT NO. 836; D. MEDLOCK SURVEY, ABSTRACT NO. 839; R. MILBY SURVEY, ABSTRACT NO. 459; J. BERRY SURVEY, ABSTRACT NO. 98; A.H. PORTER SURVEY, ABSTRACT NO. 490, AND ISSAC DONAGAN SURVEY, ABSTRACT NO. 178, SITUAUTED IN WILLIAMSON COUNTY, TEXAS; BEING COMPRISED OF THE FOLLOWING TRACTS OF LAND: ALL OF THAT CERTAIN 51.56 ACRE TRACT DESCRIBED IN THE DEED TO CHARLES GRADY BARTON OF RECORD IN VOLUME 1976, PAGE 703, OFFICIAL RECORDS OF WILLIAMSON COUNTY, ALL OF THAT CERTAIN 168.32. ACRE TRACT DESCRIBED IN THE DEED TO CHARLIE A. BARTON AND WIFE, OLLIE A. BARTON, OF RECORD IN VOLUME 470, PAGE 303, OF THE DEED RECORDS OF WILLIAMSON COUNTY, TEXAS; ALL OF THAT CERTAIN 100 ACRE'TRACT DESCRIBED IN THE DEED TO CHARLES GRADY BARTON, OF RECORD IN VOLUME 899, PAGE 791, OF SAID DEED RECORDS; ALL OF THAT CERTAIN 82.26 ACRE TRACT DEECRIBED IN THE DEED TO CHARLES A. BARTON AND WIFE, OLLIE BARTON, OF RECORD IN VOLUME 517, PAGE 193, OF SAID DEED RECORDS; A PORTION OF THAT CERTAIN 93.60 ACRE TRACT "B" AND ALL OF THAT CERTAIN 195.2 ACRE TRACT "C" DESCRIBED IN THE PARTITION AND EXCHANGE DEED OF RECORD IN DOUMENT NO. 2005043418, OF THE OFFICIAL PUBLIC RECORDS OF WILLIAMSON COUNTY, TEXAS; A PORTION OF THAT CERTAIN 1150.3442 ACRE TRACT DESCRIBED IN THE DEED TO THOMAS E. DRIESS, TRUSTEE, OF RECORD IN DOCUMENT NO. 2000063285, OF SAID OFFICIAL PUBLIC RECORDS; AND ALL OF THAT CERTAIN 324.57 ACRE TRACT DESCRIBED IN THE DEED TO ALTON AND SHIRLEY WATSON, OF RECORD IN DOCUMENT NO. 9910007, OF SAID OFFICIAL RECORDS; SAID 1707.749 ACRES BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING, at a 1/2 inch iron rod with cap set on the curving northerly right-of-way line of F.M. Highway 2243 (80' R.O.W.), for the southeasterly corner of said 51.56 acre tract and the southwesterly corner of that certain 416.78 acre tract described in the deed to Texas Crushed Stone, of record in Volume 740, Page 530, of said Deed Records, for the southeasterly corner hereof; THENCE, along said northerly right-of-way line of F.M. 2243, being in part the southerly line of said 51.56 acre tract, in part the southerly line of said 195.2 acre tract; and in part the southerly line of said 93.60 acre tract, for a portion of the southerly line hereof, the following six (6) courses and distances: 1) Along a curve to the left, having a radius of 2904.79 feet, a central angle of 04033113", an arc length of 230.86 feet, and a chord which bears S71018'27"W, a distance of 230.80 feet to a TXDOT concrete right-of-way monument found for the end of said curve; EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 25 of 75 FIR 06-560(MAZ) October 04, 2006 PAGE 2 OF 13 2) S6900115011W, a distance of 1952.31 feet to a TXDOT concrete right-of-way monument found for the point of curvature of a curve to the right, being at or near F.M. 2243 Station 343+85.77, 40' left; 3) Along said curve to the right, having a radius of 2824.79 feet, a central angle of 17014100", an arc length of 849.64 feet, and a chord which bears S77038150"W, a distance of 846.44 feet to a TXDOT concrete right-of-way monument found for the end of said. curve, at or near F.M. 2243 Station 335+24.10, 40' left; 4) S86015'50"W, passing at a distance of 237.23 feet a cotton spindle found for the southerly common corner of said 195.2 acre tract and said 93.60 acre "Tract B", continuing for a total distance of 563.49 feet to a 1/2 inch iron rod with cap set for the point of curvature of a curve to the left, at or near F.M. 2243 Station 329+60.61, 40' left; 5) Along said curve to the left having a radius of 1949.86 feet, a central angle of 16031'300, an arc length of 562.37 feet, a chord which bears S78000.05"W, a distance of 560.42 feet to a 1/2 inch iron rod with cap set for the end of said curve, at or near E.M. 2243 Station 315+46.60, from which a TXDOT concrete monument found bears N86057'16"E, a distance of 1.21 feet; 6) S69044120"W, a distance of 71.58 feet to 1/2 inch iron rod with cap found for a reentrant corner hereof, from which a 1/2 inch iron rod set for the southeasterly corner of a called 93.60 acre tract described as "Tract A", having been conveyed to Arthur Winston Faubion, an undivided 61.5%,; and Gordon Winston Faubion, an undivided 38.5%; by the Partition and Exchange Deed of record in said Document No. 2005043418 and being the southwesterly corner of said 93.60 acre "Tract B" bears S69044120"W, a distance of 375.09 feet and from which 1/2 inch iron rod set, a 1/2 inch iron rod found bears S10942'53"E, a distance of 0.61 feet, and also from which 1/2 inch iron rod set, a TXDOT concrete right-of-way monument found on said northerly right-of- way line, at or near Station 305+56.60, 40' left bears S73012154"W, a distance of 1397.29 feet (direct survey tie); THENCE, N1004215311W, leaving the northerly right-of-way line of said F.M. 2243, severing said 93.60 acre "Tract B", a distance of 2663.33. feet to a 1/2 inch iron rod with cap set in the northerly line of 93.60 acre "Tract B", being the southerly line of said 100 acre tract, for an interior ell corner hereof; THENCE, in part along the northerly line of said 93.60 acre "Tract B" and in part the northerly line of said 93.60 acre "Tract All, being the southerly line of said 100 acre tract, as found fenced and used on the ground, for a portion of the southerly line i hereof, the following five (5) courses and distances; EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 26 of 75 FN 06-560(MAZ) October 04, 2006 PAGE 3 OF 13 ,a 1) 56901413B"W, a distance of 375.65 feet to a 1/2 inch iron rod J with cap found; 2) 569012150"W, a distance of 185.31 feet to a nail found in a 14" Elm; 3) 569016108"W, a distance of 386.65 feet to a 1/2 inch iron rod with cap found; 4) 569043116"W, a distance of 277.23 feet to a 1/2 inch iron rod with cap found; 5) 569032'42"W, a distance of 957.58 feet to a 1/2 inch iron rod with cap found, for the common occupied westerly corner of said 93.60 acre "Tract A" and said 100 acre tract, being in the easterly line of said 1150.3442 acre tract, for an interior ell corner hereof; THENCE, with the westerly line said 93.60 acre "Tract A" and the easterly line of said 1150_3442 acre tract, generally along a fence, for a portion of the southerly line hereof, the following three courses and distances: 1) S21020'32"E, a distance of 854.10 feet to a 1/2 inch iron rod with cap found; 2) 5200561590E, a distance of 931.00 feet to a 1/2 inch iron rod with cap found; 3) 520044' 17"E, passing at a distance of 754.61 feet a 1/2 inch iron rod with cap found, continuing for a total distance of 756.00 feet to a 1/2 inch iron rod with cap set on said northerly right-of-way line of F.M. 2243, for the common southerly corner of said 93.60 acre "Tract A" and said 1150.3442 acre tract; THENCE, along said northerly right-of-way line of F.M. 2243, being the southerly line of said 1150.3442 acre tract, for a portion of the southerly line hereof, the following four (4) courses and distances; 1) Along a curve to the right, having a radius of 5689.58 feet, a central angle of 000381260, an arc length of 63.62 feet, and a chord which bears 579019.07"W, a distance of 63.61 feet to a broken TXDOT concrete right-of-way monument found for the end of said curve; 2) 579038120"W, a distance of 3074.60 feet to a TXDOT concrete right-of-way monument found for the point of curvature of a curve to the right; 3) Along said curve to the right, having a radius of 2824.79 feet, a central angle of 0703413011, an arc length of 373.46 feet, and a chord which bears 583025135"W, a distance of - 373.19 feet to a TXDOT concrete right-of-way monument found for the end of said curve; EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 27 of 75 FN 06-560(MAZ) October 04, 2006 PAGE 4 OF 13 4) S87011123"W, a distance of 240.59 feet to a 1/2 inch iron rod with cap set for the southerly end of a future division line by others, for the southwesterly corner hereof, from which a 1/2 inch iron rod found for the southeasterly corner of the Planned Unit Development of Escalera Ranch Section One, a subdivision of record in Cabinet R, Slides 310-315 of the Plat Records of Williamson County, Texas, bears 587011'23"W, a distance of 624.55 feet; THENCE, over and across said 1150.3442 acre tract, along said division line by others, for a portion of the westerly line hereof, the following sixteen (16) courses and distances: 1) N02049108"W, a distance of 508.22 feet to a 1/2 inch iron rod with cap found for an angle point; 2) N78045122"W, a distance of 814.71 feet to a 1/2 inch iron rod with cap found for an angle point; 3) N010381020E, a distance of 585.33 feet to a 1/2 inch iron rod with cap found for an angle paint; 4) N55020117"E, a distance of 1650.54 feet to a 1/2 inch iron rod with cap found for an angle point; 5) N80020105"E, a distance of 422.54 feet to a 1/2 inch iron rod with cap found for an angle point; ., 6) N23041111"W, a distance of 279.38 feet to a 1/2 inch iron rod with cap found for a point of curvature of a curve to the left; 7) Along said curve to the left, having a radius of 25.11 feet, a central angle of 72013145", an arc length of 31.65 feet, and a chord which bears N6302815011W, a distance of 29.60 feet to a 1/2 inch iron rod with cap found for the end of said curve; 8) N09039151"W, a distance of 50.00 feet to a 1/2 inch iron rod with cap found for an angle point; 9) N80020'050E, a distance of 155.74 feet to a 1/2 inch iron rod with cap found for an angle point; 10) N21006150"W, a distance of 186.45 feet to a 1/2 inch iron rod with cap found for an angle point; 11) N30029'37"W, a distance of 233.35 feet to a 1/2 inch iron rod with cap found for an angle point; 12) N23041111"W, a distance of 528.84 feet to a 1/2 inch iron rod with cap found for an angle point; 13) 566044124"W, a distance of 125.00 feet to a 1/2 inch iron rod with cap found for an angle point; EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 28 of 75 FN 06-560(MA2) October 04, 2006 PAGE 5 OF 13 14) N23041111"W, a distance of 409.01 feet to a 1/2 inch iron rod with cap found for an angle point; 15) N68045'39"E, a distance of 108.54 feet to a 1/2 inch iron rod with cap found for an angle point; 16) N21014121"W, a distance of 714.47 feet to a 1/2 inch iron rod found in the southerly line of that certain 433 acre tract described in the deed to Anne Vinther Patience, of record in Volume 989, Page 665, of said Official Records, the same being in the northerly line of said 1150.3442 acre tract, for an angle point hereof, from which the a 1/2 inch iron rod found for an angle point in the common line of said 433 acre tract and said 1150.3442 acre tract bears S14011.42"W, a distance of 175.59 feet; THENCE, along the northerly line of said 1150.3442 tract, being the easterly line of said 433 acre tract, for a portion of the westerly line hereof, the following two (2) courses and distances: 1) N14011142"E, a distance of 2227.05 feet to a nail with washer found; 3) 921019113"W, passing at a distance of 2535.10' feet a nail found on a high bluff, continuing for a total distance of 2866.36 feet to a point in the approximate center of the South San Gabriel River, for the northwesterly corner of said 1150.3442 acre tract and hereof, the same being in the southerly line of that certain tract described in the deed to Barbara L. Supak, et al, of record in Document No. 2003013865, of said Official Public Records; THENCE, along the centerline meanders of the South San Gabriel River, the same being the northerly line of said 1150.3442 acre tract, and in part the southerly line of said Supak tract, in part the southerly line of that certain 35.802 acre tract described in the deed to Mark Lo Maglio and Susan Lo Maglio, of record in Document No. 2000050670 of said Official public records, in part the southerly line of that certain 68.096 acre tract described in the deed to Yomac, Ltd., of record in Volume 2322, Page 474 of said Official Records, in part the southerly line of that certain "Second Tract" described in the deed to Glenna M. Cole, et al, of record in Volume 586, Page 862, of said Deed Records, in part the southerly line of that certain 104.195 acre tract described in the deed to Dennis L. Chapman, and wife Karol G. Chapman, of record in Document No. 2001030778, of said Official Public records, in part the southerly line of that certain 73.74 acre tract described in the deed to Dennis L. -Chapman, and wife Karol G. Chapman, of record in Document No. 9545414 of said Official Records, and in part the southerly line of that certain 150 acre "First Tract" described in Volume 421, Page 546, of said Deed Records, and referenced in the deed to peter M. Lowery, of record in Document No. 9609157, of said Official Records, for a portion of the northerly line hereof, the following thirty-seven (37) courses and distances: 1) N19052'47"E, a distance of 44.79 feet to a point; EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 29 of 75 FN 06-560(MAZ) October 04, 2006 PAGE 6 OF 13 l 2) N18059'27"E, a distance of 149.46 feet to a point; 3) N27045135"E, a distance of 120.90 feet to a point; 4) N100181410E, a distance of 55.15 feet to a point; 5) N1903814911E, a distance of 61.60 feet to a point; 6) N14050108"E, a distance of 59.29 feet to a point; 7) N13034'41"E, a distance of 104.69 feet to a point; 8) N05035133"E, a distance of. 87.67 feet to a point; 9) N16012'4411E, a distance of.105.84 feet to a point; 10) N16039150"E, a distance of 118.15 feet to a point; 11) N27011'2311E, a distance of 76.93 feet to a point; 12) N40030'06"E, a distance of 99.90 feet to a point; 13) N37043'23"E, a distance of 200.24 feet to a point; 14) N50051158"E, a distance of 110.27 feet to a point; 15) N58636'23"E, a distance of 53.55 feet to a point; 16) N70031142"E, a distance of 133.81 feet to a point; 17) N75002'51"E, a distance of 1,17.96 feet to a point; 18) S71029'17"E, a distance of 58.88 feet to a point; 19) S56017'44"E, a distance of 187.76 feet to a point; 20) S59024'02"E, a distance of 109.70 feet- to a point; 21) S33015126"E, a distance of 43.05 feet to a point; 22) S23023107"E, a distance of 277.82 feet to a point; 23) S04004'09"E, a distance of 21.65 feet to a point; 24) S02037108"W, a distance of 124.23 feet to a point; 25) S10041150"E, a distance of 113.56 feet to a point; 26) S23048'55"E, a distance of 247.16 feet to a point; 27) S40a56132"E, a distance of 309.36 feet to a point; 28) 543016'00"E, a distance of 353.46 feet to a point; 29) S66°22'31"E, a distance of 122.80 feet to a point; EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 30 of 75 FN 06-560(MAZ) October 04, 2006 PAGE 7 OF 13 30) 5490'15'31"E, a distance of 245.89 feet to a point; 31) S59050130"E, a distance of 213.39 feet to a point; 32) 561035'1411E, a distance of 429.45 feet to a point; 33) 581010102"E, a distance of 171.57 feet to a point; 34) N77052113"E, a distance of 332.33 feet to a point; 35) N81000'57"E, a distance of 362.09 feet to a point; 36) N74039137"E, a distance of 256.96 feet to a point; 37) N68047'25"E, passing at a distance of 107.15 feet the westerly most northwest corner of said 324.57 acre tract and northeasterly corner of. said 1150.3442 acre tract, continuing along .the northerly line of the lower portion said 324.57 acre tract for a total distance of 126.74 feet to point; THENCE, continuing along the centerline meanders of the South San Gabriel River, the same being the southerly line of said Lowery "First Tract:" and a portion of the northerly line of said 324.57 acre tract South of the river, for a portion of the northerly line hereof, the following twenty (20) courses and distances: 1) N42000128"E, a distance of 92.06 feet to a point•; 2) N08043154"E, a distance of 114.17 feet to a point; 3) N45051'07"E, a distance of 247.22 feet to a point; 4) N44032'33"E, a distance of 305.45 feet• to a point; 5) N52023'46"E, a distance of 165.22 feet to a point; 6) N47009'36"E, a distance of 54.90 feet to a point; 7) N74059'42"E, a distance of 168.54 feet to a point; 8) N6S024'01"E, a distance of 243.76 feet to a point; 9) N70045101"E, a distance of 249.36 feet to a point; 10) N64039'25"E, a distance of 207.59 feet to a point; 11) N67044'380E, a distance of 376.93 feet to a point; 12) N54059'45"E, a distance of 336.05 feet to a point; 13) N81017'52"E, a distance of 77.51 feet to a point; 14) 582021120"E, a distance of: 124.53 feet to a point; 15) 571030'39"E, a distance of 95.03 feet to a point; EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 31 of 75 FN 06-560(MAZ) October 04, 2006 PAGE 8 OF 13 16) S50013'17"E, a distance of 123.29 feet to a point; 17) 512°05'01"E, a distance of 68.37 feet to a point; 19) 562036'10"E, a distance of 68.70 feet to a point; 19) S74053'24"E, a distance of 83.25 feet to a point; 20) S61046'56"E, a distance of 120.69 feet to a point for the southeasterly corner of said Lowery "First Tract and the southwesterly corner of the upper portion of said 324.57 acre tract"; THENCE, leaving said South San Gabriel River along the easterly line of said Lowery "First 'Tract" and the upper westerly line of said Watson 324.57 acre tract, for a portion of the northerly line hereof, the following four (4) courses and distances; 1) N06016152"W, passing at a distance of 147.09 feet a 1/2 inch iron rod with cap Eound south of a fence corner on the high north bank, then continuing generally along the fence for a total distance of 399.04 feet to a 1/2 iron rod found for an angle point; 2) N16013'12"W, a distance of 6S6.71 feet to a 1/2 inch iron rod with cap found in the fence line; 3) N16022104"W, a distance of 1276.31 feet to a 1/2 inch iron rod with cap found by a fence corner post; 4) S75051'25"W, a distance of 8.20 feet to a 1/2 inch iron rod with cap found at the south side of a fence corner post, being the southeasterly corner of that certain "Second Tract" described in said Volume 421, Page 546 and referenced in said Document No. 9809157; THENCE, N22047'48"W, along the easterly line of said "Second Tract-" and upper westerly line of said 324.57 acre tract, a distance of 162.35 feet to a 1/2 inch iron rod found at the base of a fence post, for the southwesterly corner of that certain 1.0 acre tract described in the deed to Serena Marshall, of record in Volume 1022, Page 947, of said Official Records; THENCE, continuing along the upper westerly line of said 324.57 acre tract and the southerly and easterly fenced lines of said 1.0 acre tract, the following three (3) courses and distances: 1) N66058'15"E, a distance of 156.15 feet to a 1/2 inch iron rod with cap found for the southeasterly corner of said 1.0 acre tract; 2) N40004'03"W, a distance of 225.44 feet to a 1/2 inch iron rod found; EXHIBITI) WASTEWATER SERVICES AGREEMENT Page 32 of 75 FN 06-560(MAZ) October 04, 2006 PAGE 9 OF 13 3) N17001129"W, a distance of 166.80 feet to a 1/2 inch iron rod with cap found for the northeasterly corner of said 1.0 acre tract, the same being in the southerly line of that certain 3.65 acre tract described in the deed to Gary Wayne Carpenter and wife, Pamela Marie Carpenter, of record in Volume 641, Page 662, of said Deed Records, for the northwesterly corner of said 324.57 acre tract and hereof; THENCE, along the fenced northerly line of said 324.57 acre tract and the southerly line of said 3.65 acre tract, for a portion of the northerly line hereof, the following three (3) courses and distances: 1) N7301112411E, a distance of 120.22 feet to a 1/2 inch iron rod found for an angle point,- 2) S39054151"E, a distance of 138.55 feet to a 1/2 inch iron rod found for an angle point; 3) S72025116"E, a distance of 16.36 feet to a 1/2 inch iron rod found for the southerly common corner of said 3.65 acre tract and that certain 3.61 acre tract described in the deed to William Homeyer and wife, Diane Homeyer, of record in Volume 641, Page 660, of said Deed records; THENCE, S740051440E, continuing along the fenced northerly line of said 324.57 acre tract, being the southerly line of said 3.61 acre tract, a distance of 233.21 feet to a 1/2 inch iron rod found for the southerly common corner of said 3.61 acre tract and that certain 3.65 acre tract described in the deed to Mission Investment, of record in Document No. 2005041752, of said Official Public Records; THENCE, continuing along the fenced northerly line of said 324.57 acre tract, being the southerly and easterly lines of said 3.65 acre Mission Investment tract, the following two (2) courses and distances: 1)-SB9025107"E, a distance of 226.37 feet to a 1/2 inch iron rod found for the southeasterly corner of said 3.65 acre Mission Investment tract; 2) N0105410911E, a distance of 580.44 feet to a 1/2 inch iron rod found for the northeasterly corner of said 3.65 acre Mission Investment tract, being in the southerly right-of-way line of State Highway 29 (100' R.O.W.); THENCE, S86051122"E, along said southerly right-of-way line of State Highway 29, being a portion of the northerly line of said 324.57 acre tract and hereof, a distance of 1250.08 feet to a 1/2 inch iron rod found for the common northerly corner of said 324.57 acre tract and that certain 10.08 acre tract described in the deed to Donald Neal Fletcher, of record in Document No. 2004038988 of said Official Public Records, for the northeasterly corner hereof; EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 33 of 75 FN 06-560(NAZ) October 04, 2006 PAGE 10 OF 13 THENCE, leaving said southerly right-of-way line of State Highway 29along the fenced easterly line of .said 324.57 acre tract; being the westerly and southerly lines of said 10.08 acre tract, the following two (2) courses and distances: 1) S21007139"E, a distance of 1046.26 feet to a 1/2 inch iron rod found at the base of a fence corner post, for the southwesterly corner of said 10.08 acre tract; 2) S88034142"E, a distance of 699.50 feet to a 1/2 inch iron rod found for the southerly common corner of said 10.08 acre tract and that certain 9.5 acre tract described in the deed to Donald N. Fletcher, of record in Volume 559, Page 162, of said Deed Records; THENCE, 588025114"E, continuing along the fenced easterly line of said 324.57 acre tract, being southerly line of said 9.5 acre tract a distance of 177.79 feet to a 1/2 inch iron rod found for southeasterly corner of said 9.5 acre tract, being in the fenced westerly line of that certain 22.5562 acre tract described in the deed to William Charles Bagwell and wife, Patricia C. Bagwell, of record in Volume 2232, Page 578, of said Official Records; THENCE, continuing along the fenced easterly line of said 324.57 acre tract, being in part the westerly line of said 22.5562 acre Bagwell tract and in part the westerly line of that certain 32.61 acre tract described in the deed to William Charles Bagwell and wife, Patricia C. Bagwell, of record in Volume 2438, page 499, of said official Records, the following twelve (12) courses and distances; 1) S07005131"E, a distance of 396.88 feet to a 1/2 inch iron rod found; 2) S0700015911E, a distance of 140.08 feet to a 1/2 inch iron rod found for the common westerly corner of said Bagwell tracts; 3) S06058142"E, a distance of 347.80 feet to a 1/2 inch iron rod found; 4) S070081330E, a distance of 120.67 feet to a 1/2 inch iron rod found; 5) S07052'32"E, a distance of 201.58 feet to a 1/2 inch iron rod found; 6) S07052124"E, a distance of 161.62 feet to a 1/2 inch iron rod found; 7) S07022137"E, a distance of 172.62 feet to a 1/2 inch iron rod found; 8) S08003'47"E, a distance of 149.47 feet to a 1/2 inch iron rod found; 9) S08015127"E, a distance of 319.11 feet to a 1/2 inch iron rod found; EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 34 of 75 FN 06-560(MAZ) October 04, 2006 PAGE 11 OF 13 10) s09050124"E, a distance of 216.94 feet to a 1/2 inch iron rod found; 11) S08050'3311E, a distance of 209.44 feet to a 1/2 inch iron rod found; 12) S00025'18"E, passing at a distance of 158.98 feet an auto axle found on the North Bank of the South San Gabriel River, continuing for a total distance of 188.62 feet to a point in the approximate center of the river, the same being in the northerly line of that certain 190.40 acre tract described in the deed to Texas Crushed Stone, of record in volume 743, Page 47, of said Deed Records; THENCE, along the centerline meanders of the South San Gabriel River, the same being a portion of the northerly line of said 190.40 acre tract, and a portion of the southerly line of the upper portion of said 324.57 acre tract, for a portion of the easterly line hereof, the following eight (8) courses and distances: 1) S87044131"W, a distance of 362.99 feet to a point; 2) N78002'28"W, a distance of 85.59 feet to a point; 3) S80019111"W, a distance of 148.88 feet to a point; 4) S65008113"W, a distance of 207.18 feet to a point; 5) N66016104"W, a distance of 40.94 feet to a point; 6) N88038'02"W, a distance of 149.71 feet to a point; 7) N89051'11"W, a distance of 391.55 feet to a point; 8) N79008'1611W, a distance of 180.06 feet to a point for the northwesterly corner of said 190.40 acre tract and northeasterly corner of the lower portion of said 324.57 acre tract; THENCE, SO1°52'14"E, leaving the South San Gabriel River along the easterly line of the lower portion of said 324.57 acre tract, being a portion of the westerly line of said 190.40 acre tract, for a portion of the easterly line hereof, passing at a distance of 57.75 feet a 1/2 inch iron rod found on the bank, continuing with a fence for a total distance of 1026.82 feet to a 1/2 inch iron rod with cap found at a fence corner post, for the southerly most southeasterly corner of said 324.57 acre tract and being the northeasterly corner of said Barton 168.32 acre tract; THENCE, continuing along the fenced westerly line of said 190.40 acre tract, being the easterly line of said 168.20 acre tract, for a portion of the easterly line hereof the following seven (7) courses and distances: EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 35 of 75 FN 06-560(MAZ) October 04, 2006 PAGE 12 OF 13 1) S01010135"E, a distance of 167.70 feet to a 1/2 inch iron rod with cap set in the fence; 2) S00003'35"W, a distance of 341.80 feet to a 1/2 inch iron pipe found for an angle point; 3) S04036144"E, a distance of 15.67 feet to a 1/2 inch iron rod found for an angle point; 4) S0603011211E, a distance of 343.71 feet to a 1/2 inch iron rod with cap set in the fence; 5) S0104510711E, a distance of 480.85 feet to a 1/2 inch iron rod with cap set in the fence; 6) S0294813911E, a distance of 258.38 feet to a 1/2 inch iron rod found at a 30" Live oak; 7) S02030'15"E, a distance of 1139.73 feet to a 1/2 inch iron rod with cap set for the common southerly corner of said 190.40 acre tract and said 168.2.0 acre tract, being in the northerly line of said Barton 51.56 acre tract; THENCE, along a portion of the easterly line of said 51.56 acre tract, being a portion of the southerly line of said 190.400 acre tract, the following two (2) courses and distances: 1) N68013'42"E, a distance of 24.64 feet to a 1/2 inch iron rod found for an angle point; 2) S77008'48"E, a distance of 149.30 feet to a 1/2 inch iron rod found for an angle point and being the northwesterly corner of said 416.78 acre tract; THENCE, along a portion of the easterly line of said 51.56 acre tract, being a portion of the westerly line of said 416.78 acre tract, the following six (6) courses and distances: 1) S50057'17"E, a distance of 309.01 feet to a 1/2 inch iron rod with cap set for an angle point; 2) S75059116"E, a distance of 18.18 feet to a 1/2 inch iron rod with cap set for a deed angle point; 3) 520016'37"E, a distance of 470.49 feet to a to a 1/2 inch iron rod with cap set in the fence line; 4) 820056'44"E, a distance of 791.52 feet to a 60D nail found in the south side of a 15" Live Oak in the fence line; 5) S20627116"E, a distance of 1474.86 feet to a 5/8 inch iron found; EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 36 of 75 FN 06-560(MAZ) October 04, 2006 PAGE 13 OF 13 6) S200401130B, a distance of 707.22 feet to the POINT OF BEGINNING, containing an area of 1707.749 acres of land, more or less, within these metes and bounds. BEARING BASIS: THE BASIS OF BEARINGS FOR THIS SURVEY IS THE TEXAS COORDINATE SYSTEM, NAD83(96) CENTRAL ZONE,, ESTABLISHED BY NGS OPUS SOLUTION USING CORS STATIONS DF5370, AF9638-, DE5999, DF4062, & DE5999. I, MARK A. ZIENTEK, A REGISTERED PROFESSION" LAND SURVEYOR, DO H REBY STATE THAT THIS DESCRIPTION IS BASED UPON A SURVEY MADE ON THE GROUND BY BURY+PARTNERS, INC., DURING THE MONTHS OF APRIL - JULY, 2006. THIS DESCRIPTION WAS PREPARED TO ACCOMPANY A PRELIMINARY MASTER PLAN. BURY & PARTNERS, INC. ENGINEERING -SOLUTIONS 3345 BEE CAVE ROAD, SUITE 200 AUSTIN, TEXAS 78746 MARK A. ZIENTEK, R.P.L.S. NO. 5683 STATE:OFTEXAS EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 37 of 75 Exhibit C Harvard Offsite Agreement [See attached] Final I L/I4/2006 - 10- EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 39 of 75 STATE OF TEXAS § _ OFFSITE UTILITY CONSTRUCTION § COST REIMBURSEMENT COUNTY OF WILLIAMSON § AGREEMENT FOR SIIADOW CANYON I t 1. The parties to this Offsitc Utility Construction Cost Reimbursement Agreement for Shadow Canyon (the "Agreemeut') are the CITY OF GEORGETOWN, a Texas Home Rule Municipal Corporation (the 'City ); and San Gabriel Harvard, LP., an Arizona limited partnership ("Developer'). Recitals 2_ WHEREAS, the Developer is the owner of the property consisting of approximately 306 acres (+/-) for which the City Council approved a Preliminary Plat for the project to be known as Shadow Canyon (the "Property') on December 14, 2004, a copy of which preliminary plat is attached hereto as F.xldbit A'; and 3. WHEREAS, the City's Unified Development Code ("Code") requires that the Developer extend wastewater lines that satisfy the current Wastewater Master Plan and the needs for the Property at Developer's expense; and I 4. WHEREAS, Section 13.09.030(C )(1) of the Code also provides that: "Me City may, at its sole discretion, participate with the sub -divider in the cost of oversized facilities based upon, but not limited to the following factors: (1) the approved utility budget for the current year, (2) the ability of the specific utility to fund any future costs, (3) the degree to which the project conforms to and accomplishes the utility 5-year CIP priorities (4) the degree to which the project accomplishes the utility Master Plan, and (5) the impact to system operations;" and S. WHEREAS, Section 13.09,030(D) of die Code also states, "When the sub -divider constructs line extensions included in the ten-year Impact Fee CIP, the subdivider may be eligible for an Impact Fee Credit on the fee assessmunt for each lot in the planned development. Impact Fee Credit shall be calculate based upon the number and size of service connections and the allocation of costs in the most recent Impact Fee Calculation;" and 6. WHEREAS, a 12" wastewater line is necessary to serve the Property, and the City's current Wastewater Master Plan requires the installation of a 21" wastewater gravity collection main from 111-35 to the Property and beyond (the "South San Gabriel i Interceptor"); and 7_ WHEREAS, the portion of the South San Gabriel Interceptor from its inception at the Lift Station west of Ili-35 to the westernmost edge of the property being developed as the Wolf Ranch shopping center is currently under construction pursuant to the terms of that certain Development Agreement between the City and Forestville Associates; and I _ ...y Oftsitc Utility Construction Cost Reimbursement Agreement I Shadow Canyon Pago t of 13 EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 40 of 75 S. WHEREAS, the City's current 10-year Impact Fee CIP provides for the extension of the South San Gabriel Interceptor to the Property some time after 2010, but the City staff is currently in the process of updating the Impact Fee CIP and anticipates that the extension will be included in the new 10-year Impact Fee CIP and Impact Fee amount that is expected to be presented to the City Council in time for possible adoption by October 1, 2005; and 9. WHEREAS, Developer has agreed to construct the extension of the 21" South San Gabriel Interceptor beginning at the westernmost edge of the Wolf Ranch shopping mall property and ending at the westernmost edge of the Property (such cxtcosion being hereinafter referred to as the "Offsite Wastewater Improvement') to service the needs of the development on the Property as well as the surrounding area and to finance the design and construction of such improvement in accordance with this Agreement; and 10. WHEREAS, in order to obtain approval for City wastewater utility service to the Property, Developer has requested the approval of wastewater utility service extensions necessary to connect the Property to existing City wastewater utility facilities with reimbursement for the wastewater lines included in the City's Impact Fee calculation; and It. WHEREAS, if the City Council approves a New Wastewater Impact Fee as described in Paragraph 23 below, and after considering the factors set forth in Section 13.09 of the Code, the City Council fords and determines that it would be appropriate to reimburse Developer for utility line costs in accordance with the terms of this Agreement' and 12. WHEREAS, the City and Developer are entering into this Agreement to more particularly set forth the rights and obligations of the City and Developer with respect to the design, construction, and payment for the Offsite Wastewater Improvement; and 13. WHEREAS, this Agreement is necessary to protect the health, safety, and general welfare of the community and to limit the harmful effects of substandard subdivisions; to facilitate Developer's construction of the offsite wastewater facilities; and to protect the City from bearing any unnecessary expense of constructing or completing subdivision improvements; and 14. WHEREAS, this Agreement is authorized by and consistent with state law and the Citys other ordinances, regulations, and other requirements governing development of subdivisions and provision of utility services to customers of Georgetown Utility Systems. NOW, THEREFORE, IN CONSIDERATTON of the foregoing recitals and the mutual . covenants, promises, and obligations by the parties set forth in this Agreement; the parties agree as follows: Design and Construction Offsite Utility Construction Cost Reimbursement Agreement / Shadow Canyon Page 2 of 13 EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 41 of 75 15. Developer agrees to arrange for a professional engineer registered in the State of Texas to prepare design drawings and bid documents for the construction and installation of the Offsite Wastewater Improvement Except as otherwise provided herein or agreed upon by the City and Developer, the Offsite Wastewater hnprovcment shall be designed in conformance with the City's design criteria, construction standards, and specifications for utility construction (including, without limitation, environmental protection requirements such as erasion controls and site restoration). The City shall be authorbed to review and approve the design drawings (which approval shall not be unreasonably conditioned, withheld or delayed). 16. Developer shall diligently attempt to obtain all easements necessary for the construction of the Off -site Wastewater Improvement at Developer's expense, except that the City will make available, at no cost to Developer, the right to use any rights of way or easements held by the City. If Developer is unable to obtain all required off -site easements, the City shall attempt to acquire the easements, using its powers of emureut domain if necessary, at Developer's sole expense; provided specifically that such expenses shall include but not be limited to City staff time for oversight and project management; attorneys' fees; survey fees and expenses; appraisal fees and expenses; expert fees and expenses, and all other fees, casts and expenses associated with the acquisition 17. Developer shall competitively bid the project in accordance with all applicable City procedures. Developer shall enter into a contract for the construction of the Offsite Wastewater Improvement in accordance with the terms and conditions of this Agreement and with the approved construction plans. Any and all change orders shall be jointly agreed to by the City and the Developer. 18. Developer shall exercise reasonable diligence to assure the substantial completion of the Offsite Wastewater fmprovement and acceptance of the improvemem(s) by the City occurs on or before October 1, 2008_ 19 The City shalt have the right to inspect the construction of the Offsite Wastewater Improvement, and, upon completion of the final stage of construction in accordance with all applicable City, state and federal standards, Developer may request that City finally accept the improvements. Fiscal Surety 20_ Developer shall post fiscal security in the form of an irrevocable Letter of Credit in the amount of 110% of the estimated cost for design and construction of the Offbitc Wastewater Improvement to secure the proper design and actual completion of the Offsite Wastewater Improvement in accordance with the terms of this Agreement Developer agrees to post such fiscal security within ten (10) days of the Effective Date of this Agreement. Offsite Utility Construction Cost Reimbursement Agreement / Shadow Canyon Page 3 of 13 EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 42 of 75 21_ If the construction of the Offaite Wastewater Improvement proceeds in discrete phases (as defined in the approved Plans and Specifications and the construction contract), the fiscal security may be reduced by an amount equal to the cost of the completed work for each defined phase of construction, at the written request of the Developer (such requests to be made no more frequently than once every three (3) months) and if Developer is not then in Default under this Agreement or the letter of credit or other obligations relating to the project. 22. If at any time during the course of the work on the Offsite Wastewater Improvement the cost estimate for the remaining work exceeds, or is expected to exceed, the amount of the Letter of Credit, the City shall so advice Developer in writing, and Developer shall remit, within thirty (30) days of the receipt of the notice, a new or replacement Letter of Credit for the required amount Impact Fees 23. Impact Fees associated with development on the Property shall be those newly revised impact fees adopted by the City Council in 2005, except that the Wastewater Impact Fee shall be reduced by an Impact Fee Credit, currently estimated at $400 per service unit as shown in "Ezhfbil B". Construction Cast Reimbursement 24. The City and the Developer have estimated the actual design and construction costs for the Offsite Wastewater Improvement, (excluding items such as, but not limited to, financing, interest, fiscal security, accounting, project management, inspections, permits, and legal services) to be $1.900,427.00 as shown on "Exhibit B." The parties acknowledge that the actual costs may be greater or less than $1,900,427.00 and further agree that such cost underages or overages shall be addressed as provided for herein. 25. Developer will pay all costs associated with the design and construction of the Offsite Wastewater lunprovemmu� subject to the reimbursement rights provided herein. The City's reimbursement obligations will extend only to the Proportional Cost associated with the capacity of the Offsite Wastewater Improvement not attributed to the Property and subject to the terms of this Agreement. For the purposes of this Agreement, the term "Proportional Cost"as used herein shall mean the product of the actual construction cost of the Offsite Wastewater Improvement and one minus the percentage obtained by dividing the maximum flow of a pipe sized for the Property by the maximum flow of Offsite Wastewater Improvement as shown in "Exhibit B." 26. Based upon the cost estimate shown in "Hxhibft B," the Proportional Cost of the Offsite Wastewater fmprovcment, and the maximum amount subject to reimbursement under this agreement, is $1,473,111.00. In the event the costs of the Offsite Wastewater Improvement are greater or less than the estimated amounts shown on "Exhibit B," the City's reimbursement obligation to Developer will be the lesser of the actual proportional Offsite Utility Construction Cost Reimbursement Agreement I Shadow Canyon Page 4 of 13 EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 43 of 75 cost of the Offsite Wastewater Improvement or the proportional cost of the Offsite Wastewater Improvement included in the wastewater Impact Fee(s). 27. The City shall not be obligated to reimburse any sums for "Contingency" shown on "Exhibit B" unless and until the Developer submits a change order describing the need for the expenditure of such contingency funds, and the City's Utility System Engineering Department issues its written approval of the actual expenses shown on the change order. 28. if Developer allows work to commence on any change order before receiving City approval as required under this Paragraph , any costs incurred on that change order that are not approved by the City are not eligible for reimbursement 29. Provided that the Developer has constructed the Oftsite Wastewater Improvement and t)*mplied with the terms and conditions of this Agreement, and provided further that the City has accepted the Offsite Wastewater Improvement, then City shall pay to Developer on an annual basis, but in any event not later than January 30 of the following year, an amount based upon the Wastewater Impact Fees received by the City in that year that are specifically associated with the Offsite Wastewater Improvement from new wastewater connections served by the Offsite Wastewater Improvement off the Property. The payments to be7mYcle to Developer by the City shall be payable, if paid, solely from annual Wastewater Impact Fees received by the City and specifically associatedwith the Off -Site Wastewater Improvement The City's obligation to make payments to Developer for the Offsitc Wastewater Improvement shall expire upon. the earlier of (i) payment to Developer of $1,473,111.00 or the sum calculated pursuant to Patgraph 28 of this Agreement, whichever is less, and shall not include interest; or (ii) the date that is 10 years following the date of the first payment made pursuant to this Paragraph. Any payments yet to be paid after the end of the 10 year term described in this paragraph shall be deemed unearned and the City shall have no further obligation to Developer for same. 30, Within thirty (30) days of final acceptance by the City of the Offsite Wastewater g Improvement, Developer must submit a report to the City of the total costs of the project that includes the supporting information. 31. The obligations of the City under this Agreement to make payments in any fiscal year shall constitute a current expense for that fiscal year payable solely from the revenues of the Wastewater Capital Fund for that fiscal year. The obligation of the City to make payments does not constitute a general obligation or indebtedness of the City for which the City is abligated to levy or pledge any form of taxation. Default and Termination Offi to Utility Construction Cast Rcimbursemeat Agreement I Shadow Canyon Page 5 of 13 EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 44 of 75 .l 32. Developer shall be in default under this Agreement upon the occurrence of one or more of the following events (an "Event of Default"): a. Developer fails to commence or complete design or construction of the Offsite Wastewater Improvement as provided herein; or b. Developer fails to post the required fiscal security or to increase the amount of fiscal security when requested to do so by the City under this Agreement; or C. Developer transfers or conveys the Property or a portion of the Property through foreclosure or an assignment or conveyance in lieu of foreclosure. 33. Anything in Paragraph 32 to the contrary notwithstanding, it shall be an Event of Default in the event Developer does not cure a failure described in Paragraph 32 above within fifteen (15) days of receipt of written notice thereof from the City. 34. At any time following the occurrence of an Event of Default and Developer's continued failure to cure the same, the City may provide one or mote notices to Developer stating that the City intends to perform none, some or all of Developer's outstanding obligations under this Agreement for construction of the Offsite Wastewater Improvement. 35. If alter notice and an opportunity to cure as provided for in Paragraph 33 of this Agreement, Developer does not commence work on the Offsite Wastewater Improvement, or commences but does not complete such work as required by the terms of this Agreement, the Developer shall be in default of this Agreement and the City shall have the right, but not the obligation, to draw on the fiscal security posted by the Developer and complete some, none, or all of the Offsite Wastewater Improvement The City may draw on the Letter of Credit following an Event of Default to pay for the costs and expenses incurred by the City in the completion of Offsite Wastewater Improvement or to correct defects in the Offsite Wastewater Improvement. The City may perform such construction and repairs itself; or engage a third party to complete such construction and repairs on behalf of the City. 36. If the City elects to complete the Offsite Wastewater Improvement, Developer agrees to provide all plans, designs, easements, and other documents related to the design and construction of the Offsite Wastewater Improvement to the City within five (5) business days of the date that the City requests same. If the City elects to complete the Offsite Wastewater Improvement as allowed by this Agreement, the City will have no obligation to provide, and Developer shall not be entitled to receive, reimbursement for any costs or expenses incurred with regard to the Wastewater Utility Improvement 37. If Developer does not commence or complete construction of the Wastewater Improvement as required by this Agreement, and if the City elects not to draw on the fiscal security in order to complete the Wastewater Improvement, the City will have the right, in its sole discretion, to terminate this Agreement Offsite Utility Coostmedon Cost Reimbunscracat Agreement l Shadow Canyon Page 6 of 13 EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 45 of 75 38. If the City elects to terminate this Agreement for reasons allowed by Paragraph 37 of this Agreement, or if this Agreement expires on its own terms before completion or acceptance of say portion of the Offsite Wastewater Improvement, the Ci will heve no Obligation to provide wastewater service to the Property and Developer shall not be entitled to reimbursement for any costs or expenses incurred with regard to the Wastewater Utility Improvement 39. The measure of damages for breach of this Agreement by Developer is the reasonable cost of completing the Offsile Wastewater Improvement in conformance with the City's requirements, procedures, and specifications set forth herein, including without limitation, any and all associated administrative expenses, less the City's share of the costs as set out bereia. For work on the Otfsite Wastewater Improvement upon which construction has not begun, the estimated cost of the Offsite Wastewater Improvement shown in the bid documents will be prima facie evidence of the minimum cost of completion, however, that amount does not establish the maximum amount of Developer's liability. Ownership of Facilities 40. From and after the time of final completion and acceptance of the Offsito Wastewater rovement b the City, the Cif shalt o �P Y tY, y con, operate and maintain the same, Developer agrees to execute sad deliver to the City within 30 days after the time of final completion and acceptance of the OEfsite Wastewater Improvement such bills of sale, assignments, or other ipstntments of transfer as may be deemed reasonably necessary by the City. Developer will also deliver all warranties secured far construction of the Offsfte ' Wastewater Improvenrear. Upon execution and delivery of such instruments, Developer will have no further obligations or responsibility for the Of[sitc Wastewater improvement. Within said thirty (30) day period, Developer shall also deliver to the City all bonds, warranties, guamatecs, an other assurances of performance, record drawings, easements. Project manuals, and all other documentation related to the offsite Wastewater hmponvement I 41. Developer agrees that the City will not accept any Otrsite Wastewater improvement burdened by any tieu ar nay other encumbrance. 1 Provision Of URlity Service 42• The parties agree and aclmowlcdge (bat from and after the time of final acceptance 6y the City of the Offsire Wastewater Improvement, the City, as owner of them, will operate and maintain said hnproveroeuts and will Provide wastewater utility service to customers within the Property subjcet to the conditions stated fa this Agreement and according to the City's policies and ordinances, as amended thorn time to time. Nothing in this Agreement will be construed to limit, tact modify, or abrogate the City's governmental authority or ordinances respecting the operation and maintenance of its wastewater systems nor its duty to provide for the public health, safety, and welfare n the operation and maintenance of the same. Olfsito U61ily Construction Cos} Rcimborsem¢n[ Paa¢ 9 of 1J AetceolearlSfiadow C;tnyn��-------- EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 46 of 75 43. Upon final acceptance of the Offsite Wastewater Improvement by the City, the City agrees that Developer may after that apply for wastewater service following applicable City policies and ordinances, provided, however, that: (a) This Agreement will not be construed to guarantee wastewater service to the Property; such service may be guaranteed only upon the City's approval of the Final Plat and the recording of same in the Final Plat records of Williamson County in accordance with the requirements of the Code; (b) This Agreement in no way obligates the City to approve service extension requests not conforming to the requirements of the City's policies and ordinances nor otherwise binds the governmental powers of the City with respect to rho approval or denial of the same; (c) This Agreement does not exempt Developer, or its successors and assigns, from the requirements of any ordinance applicable to development within the acreage covered by the service extension requests; (d) This Agreement does not guarantee approval of the final plat of Shadow Canyon or the approval of any other applications or permits related to the project; (e) This Agreement will not be construed to create or confer upon Developer, or its successors and assigns, any ownership rights in or monopoly regarding capacity in the Offsite Wastewater improvement, whether total or partial, aftr final acceptance of the project by the City; (t) This Agreement will not be construed to create or confer upon Developer, or its successors or assigns, any manner of legal title to, equitable interest in or other claim of joint ownership with respect to property, whether real, peisonal or mixed comprising the Offsite Wastewater Improvement, alter final acceptance of the project by the City; and (g) This Agreement will not be construed to guarantee any particular level of service to the Property. General Provisions 44. 9ther Tnfrastructure Improvements. Developer agrees that it shall construct all other infrastructure improvements required for the project and/or the Property at its sole expense and in conformance with the Code and all other applicable City standards and requirements. 45. Remedies. The remedies available under this Agreement and the laws of Texas are cumulative in nature. OR'site Utility Construction Cost Reimbursement Agreement I Shadow Canyon Page 8 of 13 EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 47 of 75 Third Party Rights. No person or entity who or which is not a party to this Agreement shall have any right of action under this Agreement, nor shall any such person or entity other than the City (including without limitation a trustee in bankruptcy) have any interest in or claim to the finds described in Paragraph 20 of ibis Agreement 47. By submitting plans or specifications for the City for review, the DEVELOPER PARTIES (as that term is defined below) each agree to waive all claims, fully release, indemnify, defend and bold harmless the City, and all of its officials, officers, agents, consultants, employees, attomeys, and invitees in both their public and private capacities (collectively, the "CITY PARTIES') from any and all liability, claims, lawsuits, demands or causes of action, including all expenses of litigation and/or settlement which may arise by injury to property or person occasioned by error, omission, intentional, or negligent act of the Developer, its officers, agents, engineers, consultants, employees or invitees (collectively, the "DEVELOPER PARTIES') arising out of or in connection with submission of drainage plans, construction plans, or any other plans or specifications submitted to the City. The DEVELOPER PARTIES further agree [bat they each will, at their own cost and at their own expense, defend and protect the CITY PARTIES from any and all such claims, losses, damages, causes of action, suits, and liability of any kind, including all expenses of litigation, court costs and attorneys' fees for injury to or death of any person or for any damage to any property arising out of or in connection with the error, omission, intentional or negligent acts of any of the DEVELOPER PARTIES. Nothing in this provision shalt waive the City's defenses or immunities under Section 101.001 et. seq. of the Texas City Practice & Remedies Code or any other applicable statutory or common law. Approval of the City Engineer or any other of the CITY PARTIES of any plans, designs or specifications submitted pursuant to the requirements of the Unified Development Code or any other provision of the City Code of Ordinances or technical manuals shall not constitute or be deemed to be a release of the responsibility and liability of any of the DEVELOPER PARTIES (as defined above) for the accuracy and competency of their designs or specifications. Such approval shall not be deemed to he an assumption of such responsibility or liability by the City for any defect in the design or specifications prepared by any of the DEVELOPER PARTIES. Approval by due City Engineer or any other of the CITY PARTIES signifies the City approval of only the general design concept of the improvements to be constructed or the drainage plan to be implemented_ In this connection, the DEVELOPER PARTIES shall each indemnify and hold harmless the CITY PARTIES from any loss damage, liability or expense on account of damage to property and injuries, including death, to any and all persons which may arise out of any defect, deficiency or negligence of any of the DEVELOPER PARTIES designs and specifications to the extent prepared or caused to be prepared by any of the DEVELOPER PARTIES and incorporated into any improvements constructed in accordance therewith, or plans implemented thereby, and the DEVELOPER PARTIES shall defend at their own expense say suits or proceedings brought against any of the CITY PARTIES on account hereof~ and to pay all expenses and satisfy all judgments Ofisite Utility Construction Cost Reimbwsement Agreement / Shadow Canyon Pgge 9 of 13 EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 48 of 75 which may be incurred by or rendered against them, collectively or individually, personally or in their official capacity in connection herewith. 48. In addition to the foregoing Release and Indemnity, in further consideration for the City's agreement to reimburse Developer in accordance with the terms of this Agreement and other promises herein, the receipt and sufficiency of which is hereby acknowledged, Developer agrees to fully and completely release and forever discharge the City, its employees attorneys and officers, in both their individual and official capacities, and its successors, agents, representatives, servants, and any other related or affiliated persons, natural or corporate, in privity with them from any and all possible claims, demands, actions, causes of action, costs, expenses, obligations, liabilities, suits, and damages of every kind and character whatsoever, now existing or that may arise hereafter, whether known or unknown, at law or equity, however, whenever, and by whomever caused, whether solely, jointly, or otherwise, including, without limiLation, any and all causes of action directly or indirectly arising out of, resulting from, or attributable to the Offsite Wastewater Improvement that the Developer is required to construct by the terms of the Code and this Agreement. 49. No Waiver. No waiver of any provision of this Agreement will be deemed or constitute a waiver of any other provision, nor will it be deemed or constitute a continuing waiver unless expressly provided for by a written amendment to this Agreement; nor will the waiver of any default under this Agreement be deemed a waiver of any subsequent defaults of the same type. The failure at any time to enforce this Agreement or covenant by the City, Developer, or their respective heirs, successors or assigns, whether any violations thereof are (mown or not, shall not constitute a waiver or estoppels of the right to do so. So. Assippabii ty_ Except as otherwise provided herein, this Agreement is binding upon Developer, and the successors and assigns of Developer. Developer's obligations under this Agreement may not be assigned without the express written approval of the City, which shall not be unreasonably withheld or delayed. An assignment shall not be construed as releasing Developer from Developces obligations under this Agreement and Developer's obligations hereunder shall continue notwithstanding any assignment approved pursuant to this Paragraph, unless and until the City executes and delivers to Developer a written release of Developer from the obligations imposed by this Agreement. 51. otic% Any notice required or permittedby this Agreement is effective when personally delivered in writing or three (3) days after notice is deposited with the U.S. Postal Service, postage prepaid, certified with return receipt requested, and addressed as follows: If to Developer: Harvard Investments, Inc. Mr. Christopher J. Cacheris 17700 North Pacesetter Way Scottsdale, Arizona 85255 011site Utility Construction Cost Reimbursement Agreement / Shadow Canyon Pago 10 of 13 EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 49 of 75 If to City: City Manager City of Georgetown P.G. Box 409 Georgetown, Texas 78627 52. Change of Address for Notice. The parties may, from time to time, change their respective addresses listed above to any other location in the United States for the purpose of notice under this Agreement. A party:s change of address shall be effective when notice of the change is provided to the other party in accordance with the provisions of Paragraph 32, above. 53. Sevembility. If any part, term, or provision of this Agreement is held by the courts to be illegal, invalid, or otherwise unenforceable, such illegality, invalidity, or uncaforceability shall not affect the validity of nay other party, term, or provision, and the rights of the parties will be construed as if the part, term, or provision was never part of this Agreement. 54. Personal $uisdiction and Venue. Personal jurisdiction and venue for any civil action commenced by any party to this Agreement, whether arising out of or relating to the Agreement or the Security, will be deemed to be proper only if such action is commenced in District Court for Williamson County, Texas, or the United States District Court for the Western District of Texas, Austin Division. 55. Captions Immaterial. The numbering, order, and captions or headings of the paragraphs of this Agreement are for convenience only and shall not be considered in construing this Agreement. 56. Fnnt re Agrcement_ This Agreement contains the entire agreement between the parties and correctly sets forth the rights, duties, and obligations of each to the other as of the Effective Date. Any oral representations or modifications concerning this Agreement shall be of no force or effect excepting a subsequent written modification executed by both parties. 57. Binding Agreement. The execution and delivery of this Agreement and the performance of the transactions contemplated thereby have been duly authorized by all necessary corporate and governmental action of the City. This Agreement, when duly executed and delivered by each party, constitutes a legal, valid, and binding obligation of each party enforceable in accordance with the terms as of the Effective Date. 58. Recording. The parties agree that this Agreement may be recorded in the Real Property Records of Williamson County, Texas at the expense of Developer. 59. Further Assurances. The City and Developer agree to take such actions and execute and deliver such documents as may be reasonably necessary or appropriate to effect the provisions of this Agreement — — Offsitc Utility Construction Cost Reimbursement Agreement / Shadow Canyon Page I I of 13 EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 50 of 75 60. Tegn. Unless sooner terminated under the provisions of this Agreement, this Agreement shall expire of its own terms and without further notice .upon the earlier of (i) payment to Developer of $1,473,111.00 or the sum calculated pursuant to Paragraph 28 of this Agreement, whichever is less, and shall not include interest; or (ii) the date that is 10 j years following the date of the first payment made pursuant to the terms of Paragraph 29. 61. Effective Date. This Agreement will be effective on the later of either (i) the latest date accompanying the signature lines below; or (ii) the date that the City Council finally adopts impact fee schedules or other funding mechanisms necessary to reimburse Developer in accordance with the terms of this Agreement EXECUTED by the parties on the dates indicated below: CITYOF GEORGETOWN, TEXAS SAN GABRIEL HARVARD, L.P. ("CIT" ("DEVELOPER") By: BY - Printed Printed Name: P am any Title_ Title: Date: Date: Approved as to Form: Patricia R Carts, City Attorney Brown & Carts, LLP THE STATE OF TEXAS COUNTY OF WILLIAMSON This instrument was acknowledged before me on the day of 2005, by Gary Nelon, Mayor, City of Georgetown, a'fexas home role municipal corporation, on behalf of said City. Notary Public in and for Offsite Utility Construction Cost Reimbursement Agreement / Shadow Canyon Page 12 of U EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 51 of 75 the State of Texas THE STATE OF ARIZONA § § COUNTY OF MARICOPA § This inshument was acknowledged before me on the 1(om day of 2005, by Chdstopher I. Cacberis, Vice President, of Harvard fnvestments, Inc., the alter of Georgetown 308, L.L.C., the General Partner of San Gabriel ffmvard L.P. Notary Public " d for the State of Natmy PrNOc SYnla d Ari)Dna caunry Mary I. TOW 6,pkm iir a106 Olfsite Utility Construction Cost Reimbursement Aguemcnl I Shadow Canyon Page 13 of 13 EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 52 of 75 I I Shadow Canyon Cost Reimbursement, Agreement Exhibit "B" 1�ell&lof EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 53 of 75 lixhibit D Original Letter of Credit jSee attached] Final 11,11412006 • I I EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 54 of 75 - f "LN 12:30 PM CiTY OF GEORGETOWN FAX NO. 512 930 3881 P. 01 rune, of Gwa Div w Swift`. MNBDUS6S COMBrkTCA 13ANK TFLEXN0:3774155 WIERNATIONALTRADBSUViCES ' FAX NO: 415477-3310 213MBARCADERO C0411 BR, Sut rg 300 PPONE: d 15-077.3313 SAN FRANCISCO, CA 94t t l Date of Issuance: November 9, 2005 - '•'� Standby Letter of Credit Number, 614690-41 - Beneficiary: City of Georgetown a Taxes home rule municipal corporation 113 E. Bth Street, • . Georgetown, TX 76826 , At the request and for the account of the customer. San Gabriel Harvard Limited Partnership, an Arizona limited partnership (°Developer), Comerica Bank ('Bank') - hereby establishes in your favor this Irrevocable standby letter of credit number614690- 41 ("Letter of CrediP). This Letter at Credit In Issued to City of Georgetown, a, Texas home rule municipal corporation ("Beneficiary" or °you'), pursuant to,the terms of that certain Offske Utility Construction Cost Relinbursementl,.greement for Sheddw Canyon, by and between Developer and, Beneftuery, effkdt a October 21, 2005 (the - `Agreement"). This Letter of Credit authorizes you to draw on us in aniounts which in the aggregate shall not exceed the "Stated Amounx of two million ninety thousand four hundred seventy and Nol100 Dollars ($2,090,470.00). Stated Amottihepraoshte 1 i0 percent of the estimated design and construction cosi4i f' a of de.u9astewater': improvements in accordance with the Agreemertt This Letter of Credit is available for drawing by you against sight d*s) of Beneficiary In Hie form attached hereto as Annex A and accompanied by the original of tuts Leitei of Credit and Amendment(s) thereto, If any with the following: A certificate in the form attached hereto as Annex B (the "Draw Certf@rate")'slgned and dated by a purported authorized representative of the Beneficiary, with such signature acknowledged, stating that the Beneficiary is entitled to draw under this Letter of Credit: Partial drawings are permitted, but no more frequently than once per'month.: It is a condition of this letter of credit that it shall be deemed automatically extended without amendment for a period of one year from the present or any future expiration date, unless at least (30) thirty days prior to the current expiration date we send you notice by courier that we elect not to extend this credit for any such additional period. Said notice will be sent to the address indicated above. The stated amount of this Letter of Credit shall be reduced automatically in the amount" of any sight draft honored and paid by us In accordance with the terms of this Letter of . Credit. .. .. EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 55 of 75 NON 12:30 PH CITY OF GEORGETOWN FAX NO, 512 930 3681 P. 02 .. raur d Gon,t mwon This Letter of Credit may also be reduced or canceled upon our receipt of a Certificafe from you in the form of Annex C, ; We shall be entitled to accept a sight draft, the Draw Certificate and Annex C descrlbed above as required by the terms of this Letter of Credit, froth the.Diraetor of Firiance and Administration for Beneficiary, with such signature admowledged, without arty obligation or duty on our part to verify the Identity or authoiity of the person presenting dre'sight . draft and such documentation. .. We engage with you that all drafts drawn under and in compliance with the terms of this Letter of Credit will be duty honored upon delivery of documents as epecified N presented to us at Comedca Bank, International Trade Services, Two EmUsmadero Center, V Floor, San Francisco, CA 94111'on or before October 31, 2006 or any automatically extended date. Unless otherwise expressly stated herein, this Irrevocable Standby Letter of Credit Is subject to the Uniform Customs and Practice far Documentary Credits (1993 Revision}, International Chamber of Commerce Publication No. 500. Very Truly Yours, Comadca an thorked Signature EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 56 of 75 A HON 12:30 PH CITY OF GEORGETOWN FAX NO, 512 930 3681 ANNEX A SIGIff DRAFT I A C SIGHT REF. NO. PAY TO TILE ORDER OF ' US DOLLARS 'DRAWN UNDER COMERICA RANK, IRREVOCABLE STANDBY 1,13[TER OF CREDIT NLIMBERNO.—, DATED—_. 2005" i i'(D: COMERICA13ANK 2EMBARCADEROCENTER, SUITE 300 (INSERT NAME OF13ENEFICIARY): SAN FRANCTSCO, CA 94111 . y AUTHORTZEDSTdTFA`fURE ..:.�: .' . (YU[DELI NES TO PREPARE THE' STOIHT DRAFT: I DATE: ISSUANCE DATE OFDRA17. REF. NO.: YOUR R£FLR$NCE NUMBER, IF ANY. , .. PAY TO THE ORDER OF: BENEFICIARY'S NAME 1. USS: AMOUNT OP DRAWING IN FIGl7RE& S. US DOLLARS: AMOUNT OF DRAWING IN WORDS. c. LETTEROFCREDITNUMBER: OUR STANDBY UCMM13ERTHAT PERTAINS TO THE DRAWING. 2. DATED: ISSUANCE DATE OF OUR STANDBY UC. NDl'E: BEN£FICIARY'S NAME SHOULD BE PRINTED AT TIM BACK OF TM- SIGHT DRAF .. - WITH ENDORSEMENT.; ' EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 57 of 75 110N 12:31 PH CITY OF GEORGETOWN FAX NO. 512 930 3661 P. 05 _ .. Torn a cram Aidrwn •-' •.' . AMrX C Comedca Bank Date: International Trade Services 2 Embarcadero Center, Suite 300 San Francisco, CA 94111 Ladies and Gentlemen: The undersigned, as Director of Finance and Administration for the City of Georgetown, Texas, a Texas home rule municipal corporation Vabito.ciao, hereby authorizes you with reference to Irrevocable Standby Lott®rof Credit No. 61469041 (the "Letter of Credit') as evidenced by our Initials and signatures below: Please initial: _ Reduce the amount from U.S,$ Enclosed herewith are the original Letter of Credit documents', including . the amendmenls(s), rf any, thereto for your endorsement of the reducGbn amount. _ Cancel this Letter of Credit effedive immediately: Enclosed ry' erewith are tfie origiral Letter bf Gledtt docurllents, including the amendments(,), if any, thereto. In Witness Whereof, the undersigned has executed and delivered this certificate on behalf of the Beneficiary as of the ^ day of 20_ City of Georgetown, Texas a Texas home rule municipal corporation By: • Name: Its: STATE OF TEXAS )56 ., ,. .. . County of Williamson ) Acknowledged before me this _day of 200� by the City of Georgetown, a Texas home rule municipal;. corporation, on behalf of said City. My commission expires: Notary Public :W EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 58 of 75 t 110N 12:31 PM CITY OF GEORGETOWN FAX NO. 512 930 3681 P. 04 ' tMIBI d CAOfLI eF+lf�pt. � ANNEX B DRAW CERTIFICATE Comerice Bank Date: Intemationaf Trade Services 2 Embarcadero Center, Sufte 300 San Francisco, CA 94111 Ladies and Gentlemen; The undersigned, as Director of Finance and Administration for the City of Georgetown; Texas, a Texas home rule municipal corporation, ('Beneficiary'), hereby certifies to you with reference to Irmvocable Standby Letter of Credit No. 614600411 (the'Letter of Credit") that: - i7 The required improvements are not substantially complete; Letter of Credit will expire within 30 dayd'and is not being renewed or replaced. Developer failed to substantially complete required improvements on or. before m . October 1, 2008. After receiving notice frothe City of the alleged defauit, Developer was given thirty (30) business days from recelpt of the notice to correct the deficiency. Developer did not correct the deficiency within the 30 day time period, or did not take reasonable steps to correct the deficiency within the 30 day time period and then diligently continue with the corrective steps. The City hereby algae to draw on this Letter. - of Credit pursuant to the taTTns of Paragraph; 35 of the Agrment. , In Witness Whereof, the undersigned has executed and delivered this con ficate'on behalf of the Beneficiary as of the _ day of 20_. City of Georgetown, Texas' a Texas home rule municipal corporation Name: :. . . Its: STATE OF TEXAS ) , ) ss Cnunty of Williamson ) Acknowledged before me this day of . 200_, by the , City of Georgetown, a Texas home rule. municipal corporation, nn behalf of said City. My commissionexpims: Notary Public . i EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 59 of 75 Exhibit E New Letter of Credit Date of Issuance: Standby Letter of Credit number: Beneficiary: City of Georgetown a Texas home rule municipal corporation 113 E. 8°i Street Georgetown TX 78626 At the request and for the account of the customer, San Gabriel Harvard Limited Partnership, an Arizona limited partnership ('Developer"), Bank ("Bank") hereby establishes in your favor this irrevocable standby letter of credit number _-_ ("Letter of Credit"). This Letter of Credit is issued to the City of Georgetown, a Texas home rule municipal corporation (`Beneficiary" or "you"), pursuant to the terms of that certain Tri-Party Agreement by and among the Developer, the Beneficiary and ABG Development, Ltd. (the "Agreement"). This Letter of Credit authorizes you to draw on us in amounts which in the aggregate shall not exceed the "Stated Amount" of two million ninety thousand four hundred seventy and No/l00 Dollars ($2,090,470.00). Stated Amount represents 110 percent of the estimated design and construction costs of the offsite wastewater improvements in accordance with the Agreement. This Letter of Credit is available for drawing by you and against sight draft(s) of Beneficiary in the form attached hereto as Annex A and accompanied by the original of this Letter of Credit and Amendment(s) thereto, if any with the following: A certificate in the form attached hereto as Annex B (the "Draw Certificate') signed and dated by a purported authorized representative of the Beneficiary, with such signature acknowledged, stating that the Beneficiary is entitled to draw under this Letter of Credit. No Partial drawings are permitted, the Beneficiary can make one draw for the full amount. It is a condition of this letter of credit that it shall be deemed automatically extended without amendment I'or a period of one year from the present or any future expiration date, unless at least (30) thirty days prior to the current expiration date we send you notice by courier that we elect not to extend this credit for any such additional period. Said notice will be sent to the address indicated above. Final ] 1./1412006 . 12. EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 60 of 75 The stated amount of this Letter of Credit shall be reduced automatically in the amount of any sight draft honored and paid by us in accordance with the terms of the Letter of Credit. We shall be entitled to accept a sight draft, the Draw Certificate and Annex C described above as required by the terms of this Letter of Credit, from the Director of Finance and Administration for Beneficiary, with such signature acknowledged, without any obligation or duty on our part to verify the Identity or authority of the person presenting the sight draft and such documentation. We engage with you that all drafts drawn under and in compliance with the terms of this Letter of Credit will be duly honored upon delivery of documents as specified if presented to us at , (Texas location for Presentation) on or before _, 200_ or any automatically extended date. Unless otherwise expressly stated herein, this irrevocable Standby Letter of Credit is subject to the Uniform Customs and Practice for Documentary Credits (1993 Revision). International Chamber of Commerce Publication No. 500. Very Truly Yours, Authorized Signature rival 1 U14f1006 ' 13 EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 61 of 75 DATE: AT SIGHT PAY TO THE ORDER OF US DOLLARS 'DRAWN UNDER NUMBER NO. _ TO: (Texas Location) ANNEX A SIGHT DRAFT REF. NO. US$ BANK, IRREVOCABLE STANDBY LETTER OF CREDIT DATED _, 2005" (INSERT NAME OF BENEFICIARY) AUTHORIZED SIGNATURE GUIDELINES TO PREPARE THE SIGHT DRAFT: 1. DATE: ISSUANCE DATE OF DRAFT 2. REF.NO.: YOUR REFERENCE NUMBER, IF ANY. 3. PAY TO THE ORDER OF: BENEFICIARY'S NAME 4. US$: AMOUNT OF DRAWING IN FIGURES 5. US DOLLARS: AMOUNT OF DRAWING IN WORDS. 6. LETTER OF CREDIT NUMBER: OUR STANDBY L/C NUMBER THAT PERTAINS TO THE DRAWING. 7. DATED: ISSUANCE DATE OF OUR STANDBY L/C NOTE: BENEFICIARY'S NAME SHOULD BE PRINTED AT THE BACK OF THE SIGHT DRAFT WITH ENDORSEMENT. rinai i L/14n0nc . 14 EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 62 of 75 ANNEX B DRAW CCRTIL'ICXFE ! m3 (Texas Location] Ladies and Gentlemen: Date: The undersigned, as Director of Finance and Administration for the City of Georgetown, Texas, a Texas home rule municipal corporation, (`Beneficiary"), hereby certifies to you with reference to irrevocable Standby Letter of Credit No. _ (the "Letter of Credit") that: ❑ The Letter of Credit will expire within 30 days and is not being renewed or replaced. ❑ It is the earlier of (a) a date that is on or after October 1, 2008, or (b) the date that the Harvard W W line has been completed and the City has accepted the completion of same. In Witness Whereof, the undersigned has executed and delivered this certificate on behalf of the Beneficiary as of the _ day of 20_. City of Georgetown, Texas a Texas home rule municipal corporation By: Name: Its: STATE OF TEXAS ) County of Williamson ) Acknowledged before me this _ day of , 200, by the City of Georgetown, a Texas home rule municipal corporation on behalf of said City. My commission expires: Notary Public Final I I J14/2006 - r 5 - EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 63 of 75 Exhibit Total Fee Available for Reimbursement is the South Fork Interceptor Portion of the Interceptor's Portion of the South Fork Service Area Wastewater Impact Fee, which is currently equal to $1,281, but is subject to revision in the future, reimbursed as follows: Harvard ABG Cit $400* 542 3$ 39** * At such time as Harvard has received Impact Fee Reimbursements in the amount of $1,900,000.00, the $400 attributable to Harvard shall be paid to ABG. **This amount is calculated based on an estimate of Differential Cost equal to $1,600,000. If, however, the actual Differential Cost is higher, or the revised Differential Cost based on the Modified City Size is lower, this amount shall be automatically revised to be equal to that arnount necessary to pay the Differential Cost over 4718 Service Unit Equivalents. ABG City $942*** 3$ 39*** ***At such time as the City has received impact fees in an amount sufficient to retire the City's debt for the Differential Costs, the $339 (or other such amount calculated as described above under the notation accompanying **) attributable to the City shall be paid to ABG. ABG $1281**** **** Based on current impact fee of $3,114. Such amount to be adjusted for new connections that plat under a fixture fee (which may be more or less than $3,114). Final 11.114/2006 • 16 - EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 64 of 75 Exhibit G Eligible Area f Sce Attached] Finnl 11114/2006 - 17 - EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 65 of 75 I qs J 1 `t COUNEACIAL � u UTAEO USE • l` PROPOSED SUBDIMSIC14S - ENS7ING SUMMSIN45 rt L I' 1 5 1 �'IZ�: � GRREY FMH AREA WT9DE ETJ rl.1a= r e k F M_ t `Xy'�`� � n�'�q� � �if`YVV' ♦.e i �•• �� Y I DI e"�2 ' i S � IL Si e�e 1 .;i��IQFi; .F. yy\ 'ti a — — y II r :A I T. I.I } 1 r y` ''. ' . `,. {.`s NO S ItTHI rtn kit 1 ,. i' -a° � e ierr, A COLOR EXHIBIT, A I iV, - .tRSA- t M� y5>it COLOR COPY IS ON FILE WITH i 1 `� J y, r �~ THE CITY OF GEORGETOWN. Bury+Partners SAN GABRIEL SOUTH FORK OF THE B N 0 1 N I f OI NO SOLUTIONS gAN QABRIEL BUS Iles Cane Rd. Sult" 200 ASSUA TOM 76720 RIVER BASIN 1YL (512(328-ODII Fa[ (512)O2D-0696 ABG DEVELOPMENT LTD. Flury+Pmieua Ina 0pyrl& M DATE: 10/30/05 1 SCALE: N-T.S- DRAWN BY: DAZ FlLE:O:\1640\03\EX14IBITS\164003EXH57 PROJECT IV..: 1640-03.00 EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 66 of 75 9 PCs 2015009038 ASSN T OF WASTEWATER REIMBURSEMENTS AND WASTEWATER Lo is entered into as of November aj_, 2014 (the "Effective SAN GABRIEL HARVARD LIMITED PARTNERSHIP, an nip ("Assignor'), and 278 GEORGETOWN, INC., a Texas A. ' As ' or s a part Georgetown ( Assi o: 2006 (the "Tri m t Reimbursement A ee ent h 2005 and by Assign on abo Tri-PartyAgreement, co ec ' el Assignor's approximate 8- e things, (i) impact fee reim me Agreement as modified b Se Reimbursements"), and (ii) rec utility service, as provided in Sec and ordinances, as amended from Water Service Agreements (`Tdastt RECITALS to that certain Tri-Party Agreement among the City of and ABG Development, LP, dated on or about December 1, 91t d that certain Offsite Utility Construction Cost lanyo 1, executed by the City on or about October 20, r6, 2005 (the "Initial Agreement', and together with the "Wastewater Service Agreements"), entitling Assignor and t c land (the "308 Acre Tract") to receive, among other qtpm e Ci pursuant to Sections 23 and 29 of the Initial bon 7A Tri-Party Agreement (the "Wastewater o e ri for the 308 Acre Tract to receive wastewater f of Initial Agreement, according to the City's policies me time, and subiba to the terms and conditions of such B. On the Effective Date, Ass' }}� 278.212 acres of land out of the 308 Acre Tri Exhibit "A" (the "Acquired Property"), from C. In addition to the Acquired Proper Wastewater Reimbursements, and (ii) the Was Property but not with respect to the balance of "Assigned Wastewater Service"). D. Pursuant to this Assignment, Assignor now to Assignee, and Assignee desires to accept and assume, the Assigned Wastewater Service. AGREEMENT AND among other things, approximately btion of which is attached hereto as ag from Assignor, (i) the respect to the Acquired ;twined by Assignor (the NOW, THEREFORE, for and in consideration of the mutual pket parties, and other good and valuable consideration, including the sum of the receipt and sufficiency of which are hereby acknowledged, Assignor follows: 1. Assignment and Assumption of Wastewater Reimbursements a Wastewater Service. Subject to the terms of Section 3 below, and the terms and Assignment of Wastewater Reimhmsemenu and Womwater SeMee—Shadow Canyon EXHIBIT D WASTEWATER SERVICES AGREEMENT and convey ements and as N � t Page 67 of 7 201 vater Service Agreements, Assignor hereby assigns, transfers, and conveys to Assignee, and )e hereby accepts and assumes from Assignor, (i) the Wastewater Reimbursements, and Assigned Wastewater Service. tructure Improvements. In addition to the foregoing, Assignee hereby form all obligations of the Developer under Section 44 of the Initial and after the date hereof, to the extent applicable to the Acquired The assignment by Assignor hereunder is subject to and n approval of the City, as required pursuant to the terms of the r and Assignee will take such further actions, and o, as the other party may reasonably request for the evidencing the transactions contemplated by this 5. N iscellanebG -'rh"sipnment shall be governed by and construed in accordance with the 7in tl��ate o T o amendments to this Assignment shall be effective, unless madw gan r ed each of the parties. This Assignment may be executed in multipleerp a of 'ch shall be deemed an original, but all of which shall constitute one and the same idstnuilent. WASTEWATER SERVICES AGREEMENT 201 3of9 ssignor and Assignee hereby enter into this Assignment effective as of the Effective ASSIGNOR: SAN GABRIEL HARVARD LIMITED PARTNERSHIP, an Arizona limited partnership By: Georgetown 308, L.L.C., an Arizona limited liability company, its general partner l C <l..n By: Harvard Investments, Inc., a Nevada corporation, its Manager By Nam • str,h J Cac eris P itle: Vice Presi ent STATE OF _ § COUNTY OF m1� § This instrument was acknowledged before`i Christopher J. Cacheris, Vice President of Harw Manager of Georgetown 308, L.L.C., an Arizona San Gabriel Harvard Limited Partnership, an A entities. 1 [se Notary Public, S MARY I. TAYLOR Notary's printed Notary Public - Arizona Maricopa County *My Comm. Expires Oct 28. 2016 I( Assignment of Wastewater Reimbursements and Wastewater Service —Shadow Canyon day of November, 2014, by , a Nevada corporation, as pany, as general partner of ership, on behalf of those EXHIBIT D WASTEWATER SERVICES AGREEMENT ILL Page Page 69 of 2015009M\Pane 4 of 9 201 5 of 9 OF GEORGETOWN, TEXAS hereby acknowledges and approves this of Wastewater Reimbursements and Wastewater Service, dated as of November by and between San Gabriel Harvard Limited Partnership, an Arizona limited V assignor, and 278 Georgetown, Inc., a Texas corporation, as assignee. Lot day of J *4tw.uAfL y , 201C THE CITY OF GEORGETOWN, TEXAS B T T STATE OF TEXAS COUNTY OF This instrument was a VIA A) s:2 of P. JESSICA ERIN BRETTLE [Seal NOTARY PUBLIC stele of Texas x'oy Comm. Exp. 05.01-2015 . l "WlkfeY [ l�, 201+' by DALE I23S E , _, on _behalf of The City of Georgetown, Texas. Assjpmc ofWaslewwwa Rolmmmrs is and Waslewa= Smim—Shadow Canyon EXHIBIT D WASTEWATER SERVICES AGREEMENT 201 6of9 EXMIT "A" LEGAL DESCRIPTION OF THE ACQUIRED PROPERTY 12 acres of land, situated in the Isaac Donagan Survey, Abstract No. 178 and the n ey, Abstract No. 608, in Williamson County, Texas, said land being a t tract of land, called 307.849 acres, as conveyed to San Gabriel Harvard , an Airizatat limited partnership, by deed recorded as Document No. the Public Records of Williamson County, Texas. Surveyed on the J 2014, under the supervision of Brian F. Petersen, Registered northerly North t Partnership be conveyed to M No. 2007014835 of northerly Northeast e THENCE, S 4031'00" W, 307.848 acre San Gabriel the said 10.550 acre MGC and being more particularly described as follows; on the south line of State Highway No. 29, marking the most ab e-referenced 307.848 acre San Gabriel Harvard Limited mer of that certain tract of land, called 10.550 acres, as �C, a Texas limited liability company, of record as Document We Records of Williamson County, Texas, for the most marking an interior comer of the said Ida -ship tract, being the most westerly comer of tract, for an interior comer hereof; THENCE, along the northeastedy'lliae of the so Partnership tract, and the southwesterly line f tract, S 72048'45" E, 556.79 feet loan ' pin found and N 69°I8'00" E, 197.85 feet to 60 easterly Northeast comer of the said 307.84 cre being an interior comer of the said 10.550 acre easterly Northeast comer hereof; =c San Gabriel Harvard Limited `0 acre MGC Development, LLC, .2' 15" E, 70.62 feet to an iron pin a 14" Live Oak, marking the most garvard Limited Partnership tract, THENCE, along the east line of the said 307.848 tract, S 26001'15" E, 51.61 feet to an iron pin found markifie MGC Development, LLC, tract, being the most westerly re acre, Tract Five, Parcel Three, as conveyed to Judy Robertson, Jay Leon Wolf, Jr_, and Iva Wolf McLachlan, by 2009090679 of the Official Public Records of Williamson Coi LLC, tract, for the most the west line of the said 291.09 acre Hiodeleng, et al, tract, S 21°0 " pin found; (an iron pin found bears N 43°51 " W, 2.64 feet and a Wait 2.90 feet); S 21 °17'00" E, 391.76 feet to an iron pin found; S 24°58' 15' pin found; S 19°39100" E, 207.78 feet to an iron pin found; S 21 °58'45" pin found ; S 20°56' 15" E, 911.34 feet to an iron pin found and S 21141 Assignment ofWmtewat ReimbutsemmN and Wastewater Service - Shadow Canyon Limited Partnership it comer of the said (tt>gt certain 291.09 Susan Jane d pTocument No. nd epnfinuing along 93S to an iron °55' W, 5vto iron 5 . 1 fetst-to an n EXHIBIT D WASTEWATER SERVICES AGREEMENT Irteet to an 6 Page 72 7 201 7of9 iNn-Vin oundon, or near, the south lime of the Isaac Donegan Survey, A-178, being the north line f t ompson Survey, A-608, marking a southwesterly comer of the said 291.09 ang, et tract, being on the north line of that certain tract of land, called 457 acres, yet to by deed as recorded in Volume 345, Page 460, of the Dad Records of n thnty, Tex , for the most easterly Southeast comer of the said 307.848 acre San e[ and t tetship tract, for the Southeast comer hereof; THEa so y line of the said 307.848 acre San Gabriel Harvard Limited P 100" W, at 215.93 feet pass an iron pipe set, for a total distance of 295.15 o a int the center of the South San Gabriel River, being the south line of the said 457 the line of that certain Fast Tract, called 104820 acres, as conveyed to A Weir, by deed as recorded in Volume 522, Page 451, of the Deed Rem n nnty, Texas, for the most westerly Southeast comer of the said 307.849 acre San united Partnership tract, for the most westerly Southeast corner hereof; V THENCE, upstream, al tlteer d uth San Gabriel River, with its meanders being the south line of lbe 307 8 S Gabriel Harvard Limited Partnership tract, and the north lime of the said 104 W ' First Tract, N 81°59'00" W, passing the said north line of the Joseph Thompson S A-608, b ' e 'd south line of the Isaac Donegan Survey, A-178, being the record most westerly of th 'd 457 acre Guy tract, for a total distance of 644.97 feel; S 55005'15" W, 51 fee : 2 '00' 5" W, passing the said south line of the said Isaac Donegan Survey, A-1 the 'd line of the Joseph Thompson Survey, A-608, for a total distance 1, 1 S 69°OT15" W, 32636 feet; S 85041' 15" W, 621.76 feet; S 57010' 15" 68. 3' 15" W, 755.32 feet to a point 4 or near, the Northwest comer of the said 10482 it ' Tract, being the Northeast comer of that certain tract of land, called 190.40 n eyed to Texas Cnrshed Stone Company by deed as recorded in Volume 743, P of Records of Williamson County, Texas, and S 75°48' 15" W, 116.10 feet to a the comer of the said 307.848 acre San Gabriel Harvard Limited Paraoennhip to st southerly Southeast corner of that certain tract of land, called 103.9327 acres, eye I. Brown and wife, Beverly D. Brown, by deed as recorded in Volume 21 of Official Records of Williamson County, Texas, for the Southwest comer hereof; / ] THENCE, N le28' 15" W, at 39.61 feat, pass a I" bar found, pasKuprtl Joseph. Thompson Survey, A-608, being the said south line of the IsaAq for a total distance of 1,642.61 feet, in all, to an iron pin found marl Northwest comer of the said 307.949 sera San Gabriel Harvard Limited an interior comer of the said 103.9327 acre Brown tract, for an interior cc Assignment of Wastewater Reimbursements and Wastewater Service— Shadow Canyon EXHIBIT D WASTEWATER SERVICES AGREEMENT of the MA6 Pag, 8of9 ]07..,,4j8San HE84°56'00" E, 49838 feet to an iron pin found marking an interior corner of the said Gabriel Harvard Limited Parttership tract being the most easterly Souiltnst aid I _9327 acre Brown tract, for an interior comer hereof CE line of the said 307.848 acre San Gabriel Harvard Limited Partnership the o e said 103.9327 acre Brown tract, N 9°54'45" W, 350.05 feet to an i p' and 4 W, 383.76 feet to an iron pin found; N 4047'00" E, 575.94 feet to an ' pi 1 ° '15" W. 192.14 feet to an iron pin found; N 40°32'15" E, 13.02 feet to an i a P o 0115'45" K 343.66 &a to an iron pin found mud N 2011' 15" W, 319.98 feet to t and 1°56'00" W, 174.07 feet to an iron pin set for the most westerly Northwest oo h THENCE, N 8 °33 'E, to an iron pin set at the beginning of a curve to the right (Radius — 345.00 bears N 64°42'00" E, 154.79 feet), along the said curve for an are distance of 15 . 2 f to no in set and N 77040'00" E, 498.83 feet to an iron pin set for an interior corner , THENCE, N 20°I4'00" 46� non set at the beginning of a curve to the right, (Radius = I50.00 feet, Long N $'00" E 2I2.23 feet), along the said curve for an arc distance of 235.76 feet iro m set for the outhwest comer of Lot 1 of Shadow Canyon Commercial, Section 2, 'vision of rd Document NTo. 2010086635 of the Official Public Records of Williamson County, along the Southwest line of the said Lot l of Shadow Canyon Commerc' , 2 a curve to the right, (Radius 150.00 feat, Long Chord bears S 67°51' 'E, 12.1 ) arc distance of 235.61 feet to an iron pin set; S 22°52' 15" E, 68.23 feet to iron pin the beginning of a curve to the left, (Radius = 797.62 feet, Long Chord bears S 40. feet) and along the said curve for an arc distance of 343.43 feet to an iron pin fo th most southerly comer of the said Lot t of Shadow Canyon Commercial, Sectio 2, ! r n r comer hereof; THENCE, N 9°46'45" E, at 655.00 feet, more or less, outheast mer of the said Lot 1 of Shadow Canyon Commercial, Section 2, being the m ly of Shadow Canyon Commemial, Section 1, a subdivision of record in Cabinet E, ' e Plat Records of Williamson County, Texas, and continuing along the eas . e said hadow Canyon Commercial, Section 1, for a total distance of 727.94 feet, in all n found at the beginning of a curve to the left, (Radius = 567.50 feet, Long 13' " W, 260.1 t feet) along the said curve for an arc distance of 262.44 feet an ' and and N 16033'45" W, at 97.42 feet pass the Southeast comer of that certai 1 0.10 of an acre Dedicated for ROW on the said Shadow Canyon Commerc' S ' n , for total distance of 114.92 feet, in all, to a brass disc in a concrete monument fo n sai e of State Highway No. 29, being the north line of the said 307.848 acre S ri d Assignment of Wastewater Reimbursements and Wastewater Service - Shadow Canyon e 8 EXHIBIT D WASTEWATER SERVICES AGREEMENT Page 74 7 9 of 9 marking the Norfhenst corner of the said Shadow Canyon Commercial, rthedy Northwest comer hereof; south line of State Highway No. 29, N 73128'45" E, 289.39 feet to the 0 containing 278212 acres of land. L Brian F. Pet was made on M knowledge and be To certify which, wit 2/✓-� day of of Texas No.22216-278.212 a C'1} 4 Georgdimn Texas Central State Plane KNOW ALL MEN BY THESE PRESENTS Land Surveyor, do hereby certify that this survey y described herein and is correct, to the best of my 0 at Goorgetown, Williamson County, Texas, this the Assignment of Wastewater Reimbursements and Waswwat Service— Shadow Canyon AND RECORDED LIC RECORDS 2015@09038 EXHIBIT D WASTEWATER SERVICES AGREEMENT vcj . s NON-STANDARD WATER SERVICE AGREEMENT BY AND AMONG CHISHOLM TRAIL SPECIAL UTILITY DISTRICT mill) SAN GABRIEL HARVARD LIMITED PARTNERSHIP THE STATE OF TEXAS COUNTY OF WILLIAMSON This Non -Standard Water Service Agreement by and among Chisholm Trail Special Utility District and San Gabriel Harvard Limited Partnership (this "Agreement") is entered into as of the Effective Date, by and among the Chisholm Trail Special Utility District, a conservation and reclamation district created and functioning under Chapters 49 and 65 of the Texas Water Code (the "District") and San Gabriel Harvard Limited Partnership, an Arizona limited partnership ("Developer"). Recitals A. WHEREAS, the District is a political subdivision of the State of Texas and the owner of certain water facilities that it utilizes to provide water service to its wholesale and retail customers; and B. WHEREAS, Developer owns that 308-acre tract of land located in Williamson County being more particularly described on Exhibit "A' attached hereto that it desires to develop for single family residential and commercial purposes; and C. WHEREAS, Developer desires to obtain water service from the District for future residents and property owners within the Property, and is willing to construct and dedicate to the District certain facilities required to deliver potable water to customers within the Property; D. WHEREAS, the District has agreed to provide retail treated water service to customers within the Property in accordance with the terms and conditions set forth in this Agreement. NOW, THEREFORE, in consideration of the mutual covenants and agreements hereafter set forth, the receipt and sufficiency of which is hereby acknowledged, the Parties hereby agree as follows: EXHIBIT D WATER SERVICES AGREEMENTS Page 1 of 36 I. DEFINITIONS When used in this Agreement, the following terms will have the meanings set forth below: 1.1 "Agreement" means this Non -Standard Water Services Agreement. 1.2 "BRA" means the Brazos River Authority. 1.3 "BRA Stored Water Rate" means the fee established from time to time by the Brazos River Authority and charged to the District for the water supply BRA agrees to make available to the District from Lake Georgetown. 1.4 "Closing" means the execution and delivery by the District and Developer of all documents conveying, selling, transferring, or assigning the interests and property of Developer in any Interests to be Acquired to the District, and the performance of all acts necessary to complete such execution and delivery. 1.5 "Closing Date" means the date on which a Closing occurs. 1.6 "District System" means the water system now owned or to be acquired by District to serve the District's service territory, and any expansions, improvements, enlargements, additions and replacements thereto, including the Interests to be Acquired, subject to the terms of this Agreement. 1.7 "Effective Date" means the last day of execution of this Agreement by all parties hereto. 1.9 "Interests to be Acquired" means the Internal Facilities, all easements within the Property specified by the District for the Internal Facilities and the Transmission Line, and all other interests that Developer is required to convey to the District under this Agreement. 1.9 "Internal Facilities" means the water subdivision infrastructure to be constructed by Developer and dedicated to the District for providing retail water service to customers within the Property and connecting such infrastructure to the District System. 1.10 "Living Unit Equivalent" or "LUE" means one single-family residential unit, or its equivalent calculated at the rate of 350 gallons of potable water per day, based on a 30-day average. 1.11 "LUE Commitment" means the 1100 cumulative LUEs of water service capacity in the District System that the District agrees to make available to the Property in accordance with the terms and conditions of this Agreement. 1.12 "Major Facilities" means the water facilities and improvements to be constructed by the District to provide water service to customers within the Property and to other customers of the District, said Major Facilities to include the Transmission Line and Pump Station. 1.13 "Property" means that approximate 308-acre tract of land located in Williamson County being more particularly described on Exhibit "A" attached hereto. EXHIBIT D WATER SERVICES AGREEMENTS Page 2 of 36 1.14 "Pump Station" means the proposed "Legend Oaks Pump Station" to be located in the vicinity of the intersection of Highway 29 and D.B. Woods Road and to be constructed by the District at its sole cost and expense in accordance with Article lI of this Agreement. 1.15 "Reservation Fee" means an annual fee currently equal to $53.91 per acre-feet per year charged by BRA to the District for reserved Colorado River Basin water; however, the District may adjust the fee from time to time to reflect any actual increase or decrease in the BRA Stored Water Rate for raw water reserved from the Colorado River Basin, or Brazos River Basin, to meet the District's obligations hereunder, as determined solely by the District. The payment of the Reservation Fee by Developer is solely for the reservation of raw water supplies for the Property, and the provision of water service by the District to and within the Property is subject to the terms and conditions of this Agreement. 1.16 "Reservation Period" means a period of time beginning upon the execution of this Agreement and ending at the earlier of the following: (i) at such time as there are 945 active connections within the Property, such number of connections being equal to ninety percent (90%) of the total service commitment made available hereunder; or (ii) upon termination of this Agreement according to its terms, in which event the District's commitment for water service to the Property shall also terminate. 1.17 "Reserved LUEs" means the number of LUEs reserved for the Property by the District pursuant to this Agreement; provided, however, that said number shall be reduced annually during the Reservation Period in an amount equal to the number of active connections within the Property that connect to the District's water system during the preceding calendar year. 1.18 "TCEQ" means the Texas Commission on Environmental Quality or any successor agency. 1.19 "Transmission Line" means the water transmission main, control valves, and related appurtenances, facilities and equipment to be constructed along Highway 29 from D.B. Woods Road to the existing 20-inch line owned by the District at the Cimarron Hills development, said Transmission Line to be constructed by the District in accordance with the terms of this Agreement. 1I. WATER SERVICES 2.1 Service Commitment. (a) The District agrees to provide retail water service to customers within the Property in a quantity not to exceed 1100 total LUEs in accordance with the terms and conditions of this Agreement. It is acknowledged and agreed by the Parties that forty (40) LUEs have been committed for landscape irrigation purposes, and the Developer may reduce the LUEs reserved for such purposes by providing written notice thereof to the District in accordance with Section 3.2. EXHIBIT D WATER SERVICES AGREEMENTS Page 3 of 36 (b) The District's obligation to serve the Property is expressly contingent on Developer's compliance with its obligations under this Agreement and the District's rules, regulations and policies. (c) The Di ct1 ommitment to provide ware ervice to any portion of the Property that is not final pl ed on or before October 1, 2015 s alYbecome null and void upon such date. In such event, the R rved LUEs be�qualY0 e number of platted lots within the Property which are not active connections at such time, and the amount of the Reservation Fee shall be adjusted accordingly. Thereafter, the District shall be under no obligation to provide service to the unplatted real property until and unless the District and the owner thereof enter into a non- standard service agreement setting forth the terms and conditions pursuant to which the District shall furnish such service. (d) The District shall have no obligation to provide water service to any portion of the Property until all of the following conditions precedent have been satisfied: (i) the lands to be famished water service have been final platted by all governmental entities with jurisdiction; (ii) the Internal Facilities required to provide service to that phase of development within the Property has been completed by the Developer in accordance with plans and specifications approved by the District, are operational, and are accepted by the District; (iii) The Major Facilities have been completed, are operational, and are accepted by the District, it being acknowledged by the District that it anticipates completion of construction of the Major Facilities not later than 18 months after the Effective Date; (iv) all necessary easements and other real property interests in the Property have been dedicated to the District, including easements for the Internal Facilities and the Transmission Line; (v) all required fees and charges have been paid to the District by the Developer and customers within the Property; and (vi) the District has received all necessary governmental approvals for the provision of service to the Property. 2.2 Service. The District shall provide retail water service to customers in the Property in accordance with its standard rules and policies. 2.3 Minimum Pressure. The District will deliver potable water to customers within the Property at a minimum pressure of 35 pounds per square inch at each retail customer meter, or as may otherwise be required by the applicable rules of TCEQ. 4 EXHIBIT D WATER SERVICES AGREEMENTS Page 4 of 36 2.4 Wastewater, Drainage and Other Services. The District will have no obligation with regard to the construction, ownership, operation or maintenance of wastewater, drainage, water quality or other non -water service facilities. 2.5 District Operations. Subject to the terms of this Agreement, the District will be responsible for operating and maintaining its water facilities in good working order; for making all needed replacements, additions and improvements as required for the operation of the facilities; for reading meters, billing and collecting from all customers; and for performing all other usual and customary services and administrative functions associated with water utility systems. 2.6 Source of Water Supply. The District shall have sole discretion in determining the source of water supply to be used for the provision of retail water service to the Property. 2.7 Service Subject to State and Local Approvals. Notwithstanding other provisions in this Agreement, the District will not provide water services in the manner described in this Agreement unless Developer obtains at its sole cost and expense all necessary permits, certificates, and approvals for the Property from Williamson County, the City of Georgetown, TCEQ and other applicable local, state, or federal government bodies to which it is subject. The District will use good faith efforts to obtain all necessary permits and approvals required for the District to provide retail water service to the Property. The Developer agrees to reasonably cooperate with the District in connection with its efforts to secure such permits. 2.8 Water Conservation. (a) The District may curtail service to the Property in times of high system demand or drought, or as may be required by the District's Water Conservation Plan or Drought Contingency Plan, by other regulatory authorities, by entities from whom to the District purchases water supplies, in the same manner as such curtailment is imposed on other similar customers of the District. (b) Developer agrees impose the following restrictions on all subsequent owners of real property within the Property through notes on the final plat(s) for each subdivision within the Property or by restrictive covenants recorded in the deed records of Williamson County: (i) The resubdivision of any lot into multiple lots is prohibited; (ii) Private water wells for domestic purposes are prohibited; (iii) Outside lawn irrigation utilizing the water supply furnished from Chisholm Trail Special Utility District shall not exceed 10,000 square feet irrigable area per lot; (iv) Outside landscaping shall utilize xeriscape vegetation and water conservation practices; and (v) The use of high water demand turf grasses such as St. Augustine grass is prohibited unless installed over top soils with a uniform depth of not less EXHIBIT D WATER SERVICES AGREEMENTS Page 5 of 36 r- than 6 inches, or unless otherwise approved by Chisholm Trail Special Utility District. III. RATES, FEES, AND CHARGES 3.1 Rates. Except as otherwise provided in this Agreement, all retail water customers within the Property will pay the District's standard rates, fees and charges for retail water service, as amended by the Board of Directors of the District from time to time. 3.2 Reservation Fees. (a) Developer agrees to pay the Annual Water Supply Reservation Fee to the District during the Reservation Period. The Annual Water Supply Reservation Fee shall be calculated annually, and shall be equal to the product of multiplying the Reservation Fee tines the Reserved LUEs (expressed in acre-feet) as of September 1 of each year of the Reservation Period (which shall be the LUE Commitment less the total number of active connections within the Property, or which have been released by Developer as provided below, as of September 1). The first Reservation Fee payment shall be made by Developer to the District in full on or before October 1, 2005. All subsequent payments shall be made in full by Developer on or before October 1 of each year that this Agreement remains in effect. The initial Reservation Fee payment shall be equal to $23,720.40, calculated by multiplying $53.91 times 1100 Reserved LUEs times 0.40 (the conversion factor between one acre-foot and one LUE). By way of example only, if on September 1, 2006 of this Agreement there are 200 active connections (each equal to 1 LUE) within the Property and the BRA Stored Water Rate remains $53.91 per LUE, then the Annual Reservation Fee payment by Developer to the District, to be paid on or before October 1, 2006, would equal: (1100 LUEs — 200 LUEs) x 0.40 x $53.91 = $ 19,407.60 (b) Notwithstanding subsection (a) above, Developer at any time during the Reservation Period and upon first giving the District three hundred sixty-five (365) days prior written notice may reduce the number of Reserved LUEs for which Developer thereafter has to pay Reservation Fees; provided, however, that the number of Reserved LUEs may never be reduced to an amount less than the quantity required for service to the number of lots within the Property. Any such Reserved LUEs so released shall reduce the District's service capacity reservation to the Property accordingly. The written notice furnished by Developer to the District shall specify the number of LUEs to be released, and the real property for which the remaining Reserved LUEs are allocated. The release of LUEs pursuant to this Section shall in no manner reduce or alter Developer's obligation to provide payment of any other fees and charges to the District under this Agreement, including fees pursuant to Section 3.3 below. In the event of a release of LUEs pursuant to this Section, then the provision of service to any real property for which no Reserved LUEs have been allocated shall require a new application for non-standard service in accordance with the District's standard rules, regulations and policies. 3.3 Prepayment Amount. EXHIBIT D WATER SERVICES AGREEMENTS Page 6 of 36 (a) To assist the District's construction of the Major Facilities and/or other facilities identified in the District's capital improvements plan, the Developer shall pay to the District a sum (the "Prepayment Amount') equal to One Million Five Hundred Ninety -Five Thousand Dollars ($1,595,000). Payment shall be made in full to the District in cash or other immediately available funds on or prior to October 1, 2005. (b) In consideration for Developer's payment of the Prepayment Amount, the District shall credit the initial applicants for single family domestic water service within the Property with the payment of an impact fee for one (1) LUE. The number of applicants that shall be entitled to credit for payment of an impact fee for one (1) LUE shall be equal to the quotient obtained by dividing the Prepayment Amount by $2900 (the "Credited LUEs"), or 550 applicants. Notwithstanding the foregoing, in the event the Developer submits an application for water service for purposes of landscape irrigation, the Developer may simultaneously request credit against impact fees that would otherwise be owed to the District for the landscape irrigation meter(s). In the event the Developer makes such a request, then the number of applicants for singe family domestic water service entitled to credit for payment of impact fees shall be reduced accordingly. (c) In the event that Developer fails to timely pay the Prepayment Amount in full to the District in accordance with this Section 3.3, then the District at its option may terminate this Agreement for all purposes, in which event the provision of water service to the Property shall require a new application for non-standard service in accordance with the District's rules. In the event of such termination, all fees previously paid to the District shall be nonrefundable. In the event the District elects to not terminate this Agreement upon such failure, then each applicant for service thereafter shall be required to pay the standard fees and charges for water service set forth in the District's rules and policies, including impact fees. (d) The parties specifically acknowledge and agree that the payments to be made by Developer under this Section 3.3 are impact fees for purposes of Chapter 395, Texas Local Government Code, and that this Agreement represents a written agreement for payment of impact fees in response to the Developer's voluntary request for the reservation of capacity in accordance with Section 395.019, Texas Local Government Code. In the event that any court of competent jurisdiction or governmental agency determines that the Prepayment Amount is unlawful and such determination prohibits payment in accordance with this Section 3.3, then the parties will endeavor in good faith to modify this Agreement as necessary to comply with such ruling. If any such modification cannot be reached within 30 days, then either party may terminate this Agreement and the provision of service to the Property will require the negotiation and execution of a new non-standard service agreement setting forth the terms and conditions on which service will be made available to the Property. 3.4 Subsequent Impact Fee Payments. (e) Prior to the date on which Developer files for approval from the City of Georgetown or other governmental entity with jurisdiction any final plat for a subdivision within the Property that would result, upon approval and recordation, in more individual lots or LUEs within the Property than the Credited LUEs, then Developer shall pay, or cause to be paid, to the District an amount equal to $2,900 multiplied by the number of lots to be final platted. The Developer shall not record any final plat until the District has signed the plat, thereby evidencing EXHIBIT D WATER SERVICES AGREEMENTS Page 7 of 36 that it has received payment in full. In return for payment of the foregoing sum, the District shall credit all applicants for service within the final platted subdivisions with the payment of impact fees. (f) In the event that the Developer final plats any subdivisions within the Property after the expiration of three years after the Effective Date of this Agreement, then the amount of payment to be made by Developer for each LUE prior to final platting by Developer shall automatically increase or decrease to the amount of the District's impact fee in effect at the time of final platting. (g) In the event that the District amends its impact fee after receipt of payment by Developer in accordance with this Section 3.4, neither Developer nor any applicant for service within the Property will be required to provide additional payment to the District or entitled to a credit or reimbursement from the District. 3.5 Non -Domestic and Larger Meter Service Requests. The District shall not charge any applicant for standard residential service within the Property an impact fee after receipt by the District of payment in accordance with Sections 3.3 and 3.4. However, any applicant for service within the Property that requests service in excess of one LUE (i.e., service in excess of a standard 3/4-inch meter), for service other than domestic service, or that would result in the District providing more cumulative service within the Property than the LUE Commitment, will be required to pay the standard fees and charges for water service set forth in the District's rules and policies, including impact fees. 3.6 Other Connection Fees and Charges. Each applicant for retail service within the Property shall be required to pay to the District all standard charges, fees, and deposits for water service applicable to residential customers of the District, as amended by the Board of Directors from time to time. Notwithstanding the foregoing, the District agrees to fix its per lot connection fees and charges at the amounts in effect as of the Effective Date for any applicants for service within a subdivision in the Property for which Developer has provided payment in accordance with Section 3.3 above within three (3) years after the Effective Date. The foregoing "lock -in" shall apply only to fees and charges that are applicable to new connections within the District as a condition of water service, and shall not apply to volumetric water rates, service deposits, and other fees and charges that are not specifically and only applicable to new connections to the District's water system. 3.7 Consultant Fees. Within ten (10) days after the execution of this Agreement and as a condition precedent to performance by the District under this Agreement, Developer agrees to pay or cause to be paid to the District the nonrefundable sum of $9,704.80 for legal, engineering, and administrative fees incurred by the District in connection with the preparation of this Agreement and prior service availability negotiations. In the event that the District's actual costs exceed such amount, Developer shall not be required to pay the additional sum to District. Payment under this section is nonrefundable. If payment is not timely received by the District, then this Agreement shall terminate for all purposes. 3.8 Engineering Reviews. At the time of submittal of the design of each phase of the Intemal Facilities, Developer shall submit a payment to the District of five hundred dollars ($500) per final plat to be served by such phase. 8 EXHIBIT D WATER SERVICES AGREEMENTS Page 8 of 36 3.9 Inspection Fees. Developer shall pay the District $75 per lot at the time each design phase is submitted. The $75 per lot will be used by the District to defray its internal costs for inspecting Internal Facilities. IV. INTERNAL FACILITIES 4.1 Internal Facilities. Developer will construct all Internal Facilities required to extend retail water services to the customers within the Property from the Transmission Line, including all facilities and equipment required to connect the Internal Facilities to the Transmission Line. Upon completion of construction of each phase of the Internal Facilities, the Developer will provide the District with a certificate of completion from the Developer's engineers certifying hat the Internal Facilities have been completed in accordance with the approved plans and specifications. The date upon which the certificate of completion is provided to the District shall be the "Completion Date." Commencing upon the Completion Date, the District will accept the completed facilities for operation. Thereafter, the District and Developer will conduct a Closing in accordance with the procedures set forth in Article VHI, at which Developer will convey the completed Internal Facilities to the District. 4.2 Design of the Internal Facilities. All physical facilities to be constructed or acquired as a part of the Internal Facilities will be designed by a qualified registered professional engineer selected by Developer and approved by the District, which approval will not be unreasonably withheld or delayed. The design will be subject to the approval of the District and all governmental agencies with jurisdiction, and shall comply with the City of Georgetown's water design criteria. The Internal Facilities shall be designed so as to provide continuous and adequate service within the Property and so as to ensure their compatibility with the District's existing water system. The Internal Facilities will include any equipment necessary for water transmission and distribution, water services through the meter box, pressure reducing valves, air release valves, flow control/shut-off valves, master meters, backflow prevention devices, fire hydrants, and other equipment as may be specified by the District. The Developer further agrees to install meter boxes and a flow indicator for fire lines, if any. Any variance to the plans or specifications approved by the District or specified in this Agreement must be submitted in writing to the District and is subject to the District's sole discretion and approval. If the Internal Facilities as constructed by Developer are not in compliance with the agreed specifications approved by the District, then the District may pursue any remedy provided in this Agreement. 4.3 Bidding and Construction of Facilities. (a) The Internal Facilities will be constructed, and all related easements, equipment, materials and supplies will be acquired by Developer in the name of the District, and all construction contracts and other agreements will contain provisions to the effect that any contractor, materialman or other party thereto will look solely to Developer for payment of all sums coming due thereunder and that the District will have no obligation whatsoever to any such ply EXHIBIT D WATER SERVICES AGREEMENTS Page 9 of 36 (b) The construction contract and all change orders for the Internal Facilities will be subject to review and approval by the District, which approval will not be unreasonably withheld or delayed. All construction contracts and change orders will be prepared in compliance with any applicable rules and regulations of the TCEQ and any other governmental entity with jurisdiction. (c) The construction contracts for the Internal Facilities, including the bid tabulation and recommended award, will be submitted to the District for review and approval prior to execution. (d) During construction, any change orders will be subject to review and approval by the District. (e) The Internal Facilities will be constructed in a good and workmanlike manner and all material used in such construction will be substantially free from defects and fit for their intended purpose. The District may have an on -site inspector to inspect and approve the construction, which approval will not be unreasonably withheld or delayed. The Developer shall not cover or allow to be covered any portion of the Internal Facilities until the District has the opportunity to inspect the facilities. The District will notify Developer of any construction defects coming to its attention as soon as practicable. The Developer shall pay the District for inspections in accordance with the standard fees set forth in the District's rules governing water service. (f) Upon completion of construction of each phase of the Internal Facilities, the Developer agrees to furnish the District with one reproduction, three blue -line copies, and one set of AUTOCAD 2004 computer files of the as -built or record drawings of each facility promptly upon completion thereof, and prior to Closing. (g) The District agrees to furnish to Developer such information as may be reasonably necessary to confirm that the Internal Facilities will be dedicated to the District and used for a governmental purposes. The Developer may use such information for purposes of qualifying for a sales tax exemption, but the District makes no representation or guarantee that Developer is entitled to any tax exemption. 4.4 Cost of Internal Facilities to be Funded by Developer. Developer will promptly pay the costs of the Internal Facilities as they become due, including, without limitation, all costs of design, engineering, materials, labor, construction and inspection arising in connection with the Internal Facilities; all payments arising under any contracts entered into by Developer for the construction of the Internal Facilities; all costs incurred by Developer in connection with obtaining governmental approvals, certificates, permits, easements, rights -of -way, or sites required as a part of the construction of the Internal Facilities; and all out-of-pocket expenses incurred in connection with the construction of the Internal Facilities. The District will not be liable to any contractor, engineer, attorney, materialman or other party employed or contracted with in connection with the construction of the Internal Facilities. 4.5 Ability to Construct Internal Facilities. If Developer is unable or unwilling to construct any of the Internal Facilities when required to provide service for development within the Property, then the District may, but is not obligated to, proceed with construction and installation 10 EXHIBIT D WATER SERVICES AGREEMENTS Page 10 of 36 r r. of the Internal Facilities. If the District proceeds with the construction and installation of any Internal Facilities, Developer will take no action that would prevent or unreasonably interfere with the District constructing such facilities or providing water services with such facilities. In addition, the District will be entitled to offset all costs that it incurs in connection with the construction of such Internal Facilities against subsequent reimbursement or payment obligations owed by the District to Developer under this Agreement, and the District shall be entitled to exercise any other right or remedy which may be available under the laws of the State of Texas or this Agreement. The District shall have no obligation to provide water service to any portion of the Property until all Internal Facilities required for service thereto have been completed by the Developer in accordance with the approved plans and specifications, and accepted by the District. V. CONSTRUCTION CONTRACT MATTERS FOR INTERNAL FACILITIES 5.1 Duty to Repair and Warranty. Except as otherwise specified, Developer agrees to repair all defects in materials, equipment or workmanship for the Internal Facilities appearing within one (1) year from the Completion Date to comply with the approved plans and specifications for the Internal Facilities. Upon receipt of written notice from the District of the discovery of any defects, the Developer shall promptly and at its own cost remedy the defects and replace any property damaged therefrom. hi case of emergency where delay would cause serious risk of loss or damage to the District or its customers, or if the Developer, after notice, fails to proceed promptly toward such remedy within thirty (30) days or within another period of time which has been agreed to in writing, the District may have defects in the Internal Facilities corrected in compliance with the terms of this warranty and guarantee, and Developer shall be liable for all costs and expenses incurred by the District in so doing. 5.2 Assignment of Warranty Obligations. In addition to the Developer's duty to repair, as set forth above, the Developer expressly assumes all warranty obligations required by the District under the approved plans and specifications for specific components, materials, equipment or workmanship. The Developer may satisfy its duty to repair and warranty by obtaining and assigning to the District, by written instrument in a form approved by counsel for the District, a complying warranty from a manufacturer, supplier, or contractor. Where an assigned warranty is tendered and accepted by the District that does not fully comply with the requirements of the agreed specifications, the Developer shall remain liable to the District on all elements of the required warranty that are not provided by the assigned warranty. 5.3 General Requirements for Performance and Payment Bonds. (a) To ensure that the Internal Facilities are satisfactorily completed, the Developer shall post a payment bond and performance bond in forms acceptable to the District for all Internal Facilities. (b) The District and Developer shall agree upon an estimated cost of construction of each phase of the Internal Facilities (herein "Cost of the Internal Facilities"). (c) All performance bonds and payment bonds shall be issued in the amount of the Cost of the Internal Facilities as security for the faithful performance and/or payment of the it EXHIBIT D WATER SERVICES AGREEMENTS Page 11 of 36 Developer's obligations under this Agreement. Performance bonds and payment bonds shall be issued by a solvent U.S. corporate surety acceptable to the District and authorized to do business in the State of Texas, and shall meet any other requirements established by law or by the District pursuant to applicable law. The bonds shall be executed or countersigned by a Texas resident agent. (d) All bonds shall be in a form that complies with this Agreement and is approved by counsel for the District. All bonds shall be executed by such sureties as are named in the current list of "Companies Holding Certificates of Authority as Acceptable Sureties on Federal Bonds and as Acceptable Reinsuring Companies" as published in Circular 570 (amended) by the Financial Management Service, Surety Bond Branch, U.S. Department of the Treasury. All bonds signed by an agent must be accompanied by a certified copy of such agent's authority to act. Any surety duly authorized to do business in Texas may write performance and payment bonds on a project without reinsurance to the limit of 10 percent of its capital and surplus. Such a surety must reinsure any obligations over 10 percent. (e) If the surety on any Bond furnished by the Developer is declared bankrupt or becomes insolvent or its right to do business in the State of Texas is terminated or it ceases to meet the requirements of this Agreement, the Developer shall within ten (10) days thereafter substitute another bond and surety, both of which shall comply with the requirements of this Agreement. 5.4 Performance Bond. The Developer shall obtain a performance bond from its general contractor that shall extend and remain in effect through the warranty period as provided in Section 5.1. The performance bond shall provide that the Developer may assign, without notice to the performance bond's surety, its rights under the performance bond to the District at Closing. The Developer shall execute at Closing a written instrument in a form approved by counsel for the District to assign its rights under the performance bond to the LCRA. 5.5 Payment Bond. (a) Landowner shall obtain from its general contractor a payment bond for all Internal Facilities. The payment bond shall remain in effect until proof that all Developer's due payment in connection with construction of the Internal Facilities, or portion thereof as appropriate, pursuant to this Agreement have been properly paid, or until the statutory time for notice of unpaid bills has expired, whichever is later. (b) Claims on Payment Bonds must be sent directly to the Developer and its Surety in accordance with §2253.041, Texas Government Code. The District is not responsible in any manner to a claimant for collection of unpaid bills, and accepts no responsibility because of any representation by an agent or employee. 5.6 Insurance. Developer shall require that all workers involved with the installation and construction of the Internal Facilities are covered by workers' compensation insurance as required by the laws of the State of Texas. Developer shall also procure and maintain, at its own cost, or require that its contractors procure and maintain, comprehensive general liability insurance insuring against the risk of bodily injury, property damage, and personal injury liability occurring from, or arising out of, construction of the internal Facilities, with such 12 EXHIBIT D WATER SERVICES AGREEMENTS Page 12 of 36 insurance in the amount of a combined single limit of liability of at least $1,000,000 and a general aggregate limit of at least $1,000,000. Such insurance coverage shall be maintained in force at least until the completion, inspection and acceptance of the Internal Facilities by the District. The District shall be named as an additional 'insured on all such insurance coverages. VI. MAJOR FACILITIES 6.1 Facilities to be Constructed by the District. Subject to Developer's compliance with the terms and conditions of this Agreement, including payment to the District for the costs of the Transmission Line, the District will construct the Major Facilities, and all other improvements to the District System (other than the Internal Facilities, which shall be constructed by Developer), such that the District will be able to provide retail water service to the Property in accordance with the service commitment set forth in Section 2.1. 6.2 Operation and Maintenance Responsibility. Except as otherwise agreed upon in writing by the Parties, the District will be responsible for ownership, operation and maintenance of the Major Facilities. 6.3 Construction of the Major Facilities. The Major Facilities will be constructed by, and all sites, easements, equipment, materials and supplies will be acquired in the name of, the District. 6.4 Costs of Major Facilities. Provided the Developer furnishes timely payment of the Prepayment Amount to the District and otherwise complies with its obligations hereunder, the District shall be responsible for all payments to contractors for the design and construction of the Major Facilities. VII. REAL PROPERTY ACQUISITION 7.1 Easements. (a) All Internal Facilities located within the Property shall be constructed within public right of way or within easements conveyed by Developer to the District, as specified by the District, at no cost to the District. The District shall approve the form of the easements in advance. The District shall approve the physical location of water lines within public rights -of - way and public utility easements, when such facilities are authorized to be located therein, to prevent conflicts with other utilities, road improvements, drainage improvements, or other utilities. (b) All water lines that will be utilized by the District to deliver water to adjacent properties in the future, as determined by the District, shall be located within an exclusive and perpetual easement dedicated to the District. (c) Except as otherwise agreed in writing by the District, the Transmission Line shall be constructed within a perpetual and exclusive easement dedicated to the District and in a form approved in advance by the District, said easement to be conveyed by Developer to the District 13 EXHIBIT D WATER SERVICES AGREEMENTS Page 13 of 36 at no cost to the District. The permanent easement shall be not less than 20-feet wide, with an overlaying 50-foot wide construction easement, on the Property along and parallel to State Highway 29. 7.2 Off -Site Real Property Interests. Except as otherwise provided herein, the District is responsible for securing, at its sole cost and expense, all easements or other real property interests required for construction of the Major Facilities, or any improvements to the District System. VUL CONVEYANCE AND CLOSING 8.1 Interests to be Acquired. Subject to the conditions set out in this Agreement, the Developer agrees to convey to the District the following, which are collectively referred to as the "Interests to be Acquired": (a) the Internal Facilities, or any portions thereof, when they are finally constructed and accepted by the District; (b) all easements necessary for the operation and maintenance of the Internal Facilities and the Transmission Line, including access easements from public roads. The easements must have a minimum width of twenty (20) feet, unless otherwise provided by the District or specified in this Agreement. Such easements shall be at locations approved by the District and in the form approved by counsel for the District; (c) all maps, drawings, engineering records, and office records in the possession of the Developer relating to the Internal Facilities; and, (d) all of the contracts, leases, warranties, bonds, permits, franchises, and licenses in the possession of the Developer related to or arising out of the acquisition, construction and operation of the Interests to be Acquired (the "Contracts"). 8.2 Legal Description of Real Property. Prior to Closing, the Developer shall provide the District with a survey of all real property or easements to be transferred at the Closing to the District by virtue of this Agreement. 8.3 Manner of Transfer. (a) Any personal property to be transferred shall be transferred by Bill of Sale and Assignment free of liens and encumbrances, with a covenant on the part of the Developer that it is the lawful owner and has a lawful right to transfer and deliver such property. (b) All easements to be conveyed by Developer to the District at each Closing shall be in a form approved by counsel to the District. 14 EXHIBIT D WATER SERVICES AGREEMENTS Page 14 of 36 (c) All of the Developer's rights, title and interest in and to any contract included within the Interests to be Acquired shall be transferred to the District by assignment in a form approved by counsel to the District. 8.4 Title Commitment Review. (a) At least 20 days prior to any Closing Date, Developer, at its sole cost and expense, will furnish to the District and the District's counsel a commitment for the issuance of an owner's policy of title insurance to the District from a title company, committing to insure any real property to be conveyed to the District at the upcoming Closing, together with good legible copies of all documents constituting exceptions to title as reflected in the title commitment and copies of any surveys of the real property in Developer's possession. Any updates of the surveys will be at the District's sole expense. (b) The District will have 20 days after receipt of the title commitment and available surveys with respect to any particular real property to review such title commitment and surveys and to deliver to the Developer written notice of any objections to the matters set forth in such title commitment and surveys. Any items to which the District does not object within this 20- day period will be deemed to be "Permitted Exceptions". As to items to which the District makes objections, the Developer will have an obligation to cooperate with the District to effectuate the cure of such objections. 8.5 Title Policy. As soon as reasonably practical after each Closing, the Developer will furnish the District, at Developer's sole cost and expense, with an owner's policy of title insurance issued by the Title Company on the standard form in use in the State of Texas, insuring good and indefeasible title to the applicable real property in the District, subject only to the standard printed exceptions. 8.6 Costs and Expenses. All costs and expenses in connection with the Closings under this Agreement will, except as otherwise expressly provided in this Agreement, be borne by the Developer and the District in the manner in which such costs and expenses are customarily allocated between the parties at closings of the purchase or sale of real property in the Georgetown, Texas area. 8.7 Risks Pending Closing. (a) If, on any Closing Date, any proceeding is pending before any court or administrative agency of competent jurisdiction, challenging the legal right of either the Developer or the District to make and perform this Agreement, the Developer and the District, respectively, will have the right, at any time prior to the Closing Date, to suspend and postpone the Closing until such right will have been sustained by a final judgment of a court of competent jurisdiction. (b) The Developer agrees that, until each Closing, it will maintain insurance in such amounts as are reasonable and prudent, based on the nature of the facilities, on those components of the Interests to be Acquired that have not already been conveyed to the District. If, between the Effective Date and any Closing, any part, whether substantial or minor, of the Interests to be Acquired to be conveyed are destroyed or rendered useless by fine, flood, wild, or other casualty, 15 EXHIBIT D WATER SERVICES AGREEMENTS Page 15 of 36 the District will not be released from its obligations hereunder; however, as to any portion of the Interests to be Acquired so damaged or destroyed, the Developer will make repairs and replacements to restore the Interests to be Acquired to their prior condition regardless of whether the insurance obtained by Developer covers such repair or replacement. IX. CONDITIONS, REPRESENTATIONS AND WARRANTIES 9.1Indemnification. DEVELOPER SHALL INDEMNIFY, DEFEND AND HOLD HARMLESS THE DISTRICT, ITS OFFICERS, DIRECTORS, EMPLOYEES AND AGENTS FROM AND AGAINST ANY AND ALL CLAIMS, DEMANDS, DEBTS, SUITS, CAUSES OF ACTION, LOSSES, DAMAGES, JUDGMENTS, FINES, PENALTIES, LIABILITIES, AND COSTS, INCLUDING REASONABLE ATTORNEY FEES AND DEFENSE COSTS INCURRED BY THE DISTRICT ARISING OUT OF OR RELATING TO: A) THE BREACH OF ANY WARRANTY OR REPRESENTATION OR OTHER OBLIGATION OF DEVELOPER UNDER THIS AGREEMENT, OR B) THE DESIGN, CONSTRUCTION OR INSTALLATION OF THE INTERNAL FACILITIES AND TRANSMISSION LINE. DEVELOPER FURTHER AGREES, TO THE FULLEST EXTENT PERMITTED BY LAW, TO INDEMNIFY, DEFEND AND HOLD HARMLESS THE DISTRICT, ITS OFFICERS, DIRECTORS, EMPLOYEES, AND AGENTS FROM AND AGAINST ANY AND ALL CLAIMS, DEMANDS, DEBTS, SUITS, CAUSES OF ACTION, LOSSES, DAMAGES, JUDGMENTS, FINES, PENALTIES, LIABILITIES, AND COSTS, INCLUDING REASONABLE ATTORNEY FEES AND DEFENSE COSTS ARISING OUT OF OR RELATING IN ANY WAY TO DEVELOPERS' NONCOMPLIANCE WITH APPLICABLE LAWS, ORDINANCES AND REGULATIONS AND/OR FAILURE TO OBTAIN REQUIRED PERMITS) AND APPROVAL(S) GOVERNING DEVELOPMENT OF THE PROPERTY OR PERTAINING TO THIS AGREEMENT, EXCEPTING ONLY THOSE DAMAGES, LIABILITIES, OR COSTS ATTRIBUTABLE TO THE SOLE NEGLIGENCE OR WILLFUL MISCONDUCT OF THE DISTRICT. This indemnity shall survive the termination of this Agreement and shall be binding upon and inure to the benefit of the parties hereto and their respective successors, representatives and assigns 9.2 Representations of Developer. With respect to the sale and conveyance of the Interests to be Acquired to be conveyed by it, the Developer acknowledges, represents and agrees that: (c) It is an Arizona limited partnership qualified in all respects to conduct business within the State of Texas; (d) It has not created or permitted any third person to create any liens, leases, options, claims, encumbrances or any other adverse rights, claims or interests with respect to the Interests to be Acquired that will prevent or hinder its ability to transfer good and warrantable title in same to the District; (e) It will be the true and lawful owner of the Interests to be Acquired to be conveyed hereunder and, except as provided under financing documents that will be released at the respective Closing, no other third person or entity, public or private, will possess a right or Ti EXHIBIT D WATER SERVICES AGREEMENTS Page 16 of 36 interest, legal or equitable, nor any lien, encumbrance or other adverse claim, present or contingent, in or to the Interests to be Acquired; (f) Except as provided under financing documents that will be released at the respective Closing, it has not previously sold, assigned, transferred, leased, pledged or hypothecated its ownership interest in or to Interests to be Acquired and, prior to each Closing contemplated in this Agreement, will not sell, assign, transfer, lease, pledge, or otherwise hypothecate any interest in or to the Interests to be Acquired to any third person or entity; except as provided under financing documents that will be released at the respective Closing; (g) It has not entered into any agreement, written or oral, with any third party, wherein any such third party has agreed to reimburse it for the cost of design or construction of the Interests to be Acquired or any portion thereof, or wherein any third party has acquired a right to purchase such facilities; (h) The contemplated transfer of the Interests to be Acquired to the District will not violate any tern, condition or covenant of any agreement to which it is a party; (i) Execution of this Agreement and the consummation of the transactions contemplated hereunder will not constitute an event of default under any contract, covenant or agreement binding upon it; 0) The contemplated transfer of the Interests to be Acquired to the District will not violate the provisions of the United States Constitution, the Texas Constitution, or any federal, state or local law, ordinance or regulation; (k) It has not previously granted any right or option to any other person, entity or political subdivision to acquire or use the Interests to be Acquired and agrees to defend and hold the District harmless from all claims or causes of action asserted by any third person, entity or political subdivision alleging a right or option to acquire or use the Interests to be Acquired or any portion thereof; (1) Except as provided herein, it has not previously entered into any agreement or caused or otherwise authorized any action that would diminish, eliminate or adversely affect the District's contemplated ownership or use of the Interests to be Acquired or the value of same; and (m) The Developer agrees that each subdivision plat for the Property shall contain restrictions prohibiting the subdivision of lots within the Property and prohibiting private water wells for domestic or drinking water purposes. The District is executing this Agreement and tendering payment under this Agreement in reliance on each of the warranties and representations set forth above and each such representation and warranty will survive the execution and delivery of this Agreement and the consummation of the transactions contemplated by this Agreement. 9.3 Representations of the District. The District represents and warrants to Developer that: 17 EXHIBIT D WATER SERVICES AGREEMENTS Page 17 of 36 (a) the District is a political subdivision of the State of Texas duly created by and validly operating under and pursuant to the provisions of Chapters 49 and 65 of the Texas Water Code, and has the requisite power and authority to take all necessary action to authorize the purchase of the Interests to be Acquired from Developer and to execute and deliver this Agreement and to perform all obligations hereunder; (b) The execution, delivery and performance of this Agreement have been duly authorized by all necessary action on the part of the District and the person executing this Agreement on behalf of the District has been fully authorized and empowered to bind the District to the terms and provisions of this Agreement; (c) This Agreement does not contravene any law or any governmental rule, regulation or order applicable to the District; (d) The execution and delivery of this Agreement and the performance by the District of its obligations hereunder do not contravene the provisions of, or constitute a default under, the terms of any indenture, mortgage, contract, resolution, or other instrument to which the District is a parry or by which the District is bound; (e) The contemplated acquisition of the Interests to be Acquired by the District will not violate any term, condition or covenant of any agreement to which the District is a party; (f) The contemplated acquisition of the Interests to be Acquired by the District will not violate the provisions of the United States Constitution, the Texas Constitution, or any federal, state or local law, ordinance or regulation; and Developer is executing this Agreement in reliance on each of the warranties and representations set forth above and each such representation and warranty of the District will survive the execution and delivery of this Agreement and the consummation of each of the transactions contemplated by this Agreement. 9.4 Survival of Covenants. The covenants contained in this Article will survive the conveyance, transfer and assignment of the Interests to be Acquired at all Closings and will continue to bind the District and Developer as provided herein. X. REMEDIES 10.1 District Remedies. (a) If Developer fails or refuses to timely comply with its obligations hereunder, or if, prior to any Closing, a Developer's representations, warranties or covenants contained herein are not true or have been breached, the District will have the right to enforce this Agreement by any remedy at law or in equity to which it may be entitled; or waive prior to or at Closing as applicable, the applicable objection or condition and to proceed to close their transaction in accordance with the remaining terms. 18 EXHIBIT D WATER SERVICES AGREEMENTS Page 18 of 36 (b) If,' after any Closing, the District determines that any of a Developer's representations, warranties or covenants which applied to the Closing are not true, then the District may avail itself of any remedy at law or in equity to which it may be entitled. 10.2 Developer Remedies. (a) If the District fails or refuses to timely comply with its obligations hereunder, or if, prior to any Closing, the District's representations, warranties or covenants contained. herein are not true or have been breached, Developer will have the right to enforce this Agreement by any remedy in equity to which it may be entitled; or waive prior to or at Closing as applicable, the applicable objection or condition and to proceed to close their transaction in accordance with the remaining terms. (b) If, after Closing, a Developer determines that any of the District's representations, warranties or covenants which applied to the Closing are not true, then the Developer may avail itself of any remedy in equity to which it may be entitled. XI. NOTICES 11.1 Addresses. All notices hereunder from Developer or Developer to the District will be sufficient if sent by certified mail or facsimile transmission with confirmation of delivery, addressed to the District to the attention of General Manager, Chisholm Trail Special Utility District, P.O. Box 249, Florence, Texas 76527, Facsimile (254) 793-3100. All notices hereunder from the District to Developer will be sufficiently given if sent by certified mail or facsimile transmission with confirmation of delivery to Developer to the attention of at Harvard Investments Chris Cacheris 17700 North Pacesetter Way Scottsdale, Az 85255 XII. MISCELLANEOUS 12.1 Execution. This Agreement may be simultaneously executed in any number of counterparts, each of which will serve as an original and, will constitute one and the same instrument. 12.2 Costs and Expenses. Except as otherwise expressly provided herein, each Party will be responsible for all costs and expenses incurred by such Parry in connection with the transaction contemplated by this Agreement. 12.3 Governing Law. This Agreement will be governed by the Constitution and laws of the State of Texas, except as to matters exclusively controlled by the Constitution and Statutes of the United States of America. 12.4 Successors and Assigns. The assignment of this Agreement by either Party is prohibited without the prior written consent of the other Party, which consent will not be unreasonably withheld. All of the respective covenants, undertakings, and obligations of each of the Parties will bind that Party and will apply to and bind any successors or assigns of that Party. 19 EXHIBIT D WATER SERVICES AGREEMENTS Page 19 of 36 12.5 Headings. The captions and headings appearing in this Agreement are inserted merely to facilitate reference and will have no bearing upon its interpretation. 12.6 Partial Invalidity. If any of the terms, covenants or conditions of this Agreement, or the application of any term, covenant, or condition, is held invalid as to any person or circumstance by any court with jurisdiction, the remainder of this Agreement, and the application of its terms, covenants, or conditions to other persons or circumstances, will not be affected. 12.7 Waiver. Any waiver by any Parry of its rights with respect to a default or requirement under this Agreement will not be deemed a waiver of any subsequent default or other matter. 12.8 Amendments. This Agreement may be amended or modified only by written agreement duly authorized by the governing body of the District and executed by the duly authorized representatives of both Parties. 12.9 Cooperation. Each Party agrees to execute and deliver all such other and further instruments and undertake such actions as are or may become necessary or convenient to effectuate the purposes and intent of this Agreement. 12.10 Venue. All obligations of the Parties are performable in Williamson County, Texas and venue for any action arising hereunder will be in Williamson County. 12.11 Third Party Beneficiaries. Except as otherwise expressly provided herein and except with respect to the Contracts assumed by the District, nothing in this Agreement, express or implied, is intended to confer upon any person, other than the Parties, any rights, benefits, or remedies under or by reason of this Agreement. 12.12 Representations. Unless otherwise expressly provided, the representations, warranties, covenants, indemnities, and other agreements will be deemed to be material and continuing, will not be merged, and will survive the closing of this transaction and the conveyance and transfer of the Interests to be Acquired to the District. 12.13 Exhibits. All exhibits attached to this Agreement are hereby incorporated in this Agreement as if the same were set forth in full in the body of this Agreement. 12.14 Entire Agreement. This Agreement, including the attached exhibits, contains the entire agreement between the Parties with respect to the hnterests to be Acquired and supersedes all previous communications, representations, or agreements, either verbal or written, between the Parties with respect to such matters, including the Letter Agreement. IN WITNESS WHEREOF, the Parties hereto have caused this instrument to be signed, sealed and attested in duplicate by their duly authorized officers, as of the Effective Date. 20 EXHIBIT D WATER SERVICES AGREEMENTS Page 20 of 36 Secretary CHISHOLM TRAIL SPECIAL UTILITY DISTRICT By: a Eax'/ Ed Pastor, President SAN GABRIEL HARVARD LIMITED PARTNERSHIP An Arizona limited partnership By: Georgetown 308, LLC, an Arizona limited liability corporation, its general partner By: Harvard Investments, Inc., a Nevada Corporation, its Mana 2, By: Name: Chris"tnac ris Title: VicePres' ent EXHIBIT D WATER SERVICES AGREEMENTS Page 21 of 36 THE STATE OF TEXAS COUNTY OF WILLIAMSON This instrument was acknowledged before me on the /�-J day of n.fAAa !i 2005, by Ed Pastor, President of Chisholm Trail Special Utility District, a conservation and reclamation district created and functioning under the laws of the State of Texas, on behalf of said conservation and reclamation district. .ar BILLIE J. ATKINSON y4 �E'Y "0Wypgie.gmdTm (SEAT.) '+sa• ~ MARCH30.� THE STATE OF TfXAS f Paal(ux COUNTY OF Wffat9k99N— �/ NotaryyPubli tate of Texas This instrument was acknowledged before me on the fVi - day of =�- 2005, by Chris Cacheris, Vice President of Harvard Investments, Inc., a Nevada corporation, Manager to Georgetown 308, LLC, general partner to San Gabriel Harvard Limited Partnership, on behalf of said limited partnership. Notary Publi , tate of Texas r, 114 Notary Publle Slate ofArmotta Maacopa County AUSTIN-1\184703\8 Mary I. Taylor 19227-1 06n012002 0:Exphea 112&% EXHIBIT D WATER SERVICES AGREEMENTS Page 22 of 36 FIRST AMENDMENT TO NON-STANDARD WATER SERVICE AGREEMENT (Shadow Canyon) THE STATE OF TEXAS COUNTY OF WILLIAMSON This First Amendment To Non -Standard Water Service Agreement ("Amendment") is entered into as of the Effective Date, by and among the Chisholm Trail Special Utility District, a conservation and reclamation district created and functioning under Chapters 49 and 65 of the Texas Water Code (the "District") and San Gabriel Harvard Limited Partnership, an Arizona limited partnership (the "Developer"). Recitals A. WHEREAS, the District and Developer entered into that certain Non -Standard Water Service Agreement effective September 1, 2005 (the "Service Agreement) setting forth the terms and conditions pursuant to which the District agreed to provide retail water service to certain property described therein (the "Property", as defined in the Service Agreement); and B. WHEREAS, the Service Agreement provides that the District's commitment to provide water service to any portion of the Property that is not final platted on or before October 1, 2015 shall become null and void upon such date; and C. WHEREAS, as a result of general economic conditions, final platting of the Property has been delayed, and the Developer has requested that the deadline for platting be extended until October 1, 2020; and D. WHEREAS, the Parties desire to amend the Service Agreement in order to extend the platting deadline. NOW, THEREFORE, in exchange for the mutual benefits to be derived from this Amendment, the sufficiency of which is hereby acknowledged, the District and the Developer hereby agree as follows: 1. The Parties agree that the first sentence in Section 2.1(c) of the Service Agreement is hereby amended to read in its entirety as follows: "(c) The District's commitment to provide water service to any portion of the Property that is not final platted on or before October 1, 2020 shall become null and void upon such date." 2. This Amendment may be simultaneously executed in any number of counterparts, each of which will serve as an original and, will constitute one and the same instrument. 3. All other terms, conditions and provisions set out in the Service Agreement, and its exhibits, except as specifically amended herein, shall remain in full force and effect. EXHIBIT D WATER SERVICES AGREEMENTS Page 23 of 36 4. All capitalized terms in this Amendment that are not otherwise defined herein shall have the meanings set forth in the Service Agreement. 5. The Effective Date of this Amendment shall be the date on which it has been executed by all the Parties. IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be signed, sealed and attested by their duly authorized officers, as of the Effective Date. AT7 B3 CHISHOLM TRAIL SPECIAL UTILITY DISTRICT By:- ✓ Qdt�d��� Pat Gower, President SAN GABRIEL HARVARD LIMITED PARTNERSHIP An Arizona limited partnership By: Georgetown 308, LLC, an Arizona limited liability corporation, its general partner By: Harvard Investments, Inc., a Nevada Corporaits Mana r, BY: N /o-/ r Title: V l?. 1 EXHIBIT D WATER SERVICES AGREEMENTS Page 24 of 36 THE STATE OF TEXAS COUNTY OF WILLIAMSON § This instrument was acknowledged before me on the P9 day of 2013, by Pat Gower, President of Chisholm Trail Special Utility District a conservation and reclamation district created and functioning under the laws of the State of Texas, on behalf of said conservation and reclamation district. of Texas LINDA RUTH WNI1E Notary Public, State of Texas (SEAL) My Commission Expires 118 May 24. 2016 THE STATE OF ARIZONA COUNTY OF Maricopa This instrument was acknowledged before me on the 5 ° day of September, 2013, by Christopher J. Cacheris, the Vice President of Harvard Investments, Inc., a Nevada corporation, M C., general partner of San Gabrie Harvard Limited P S.lMy n beh $.sWddFimited artnership. Notary Public - ArInne Markops County Comm. Expires Oct 21. 20 otary Publi , tate of A 'zona Description of document this Arizona notarial certificate is being attached to: Type/Title First Amendment to Non -Standard Water Service Agreement (Shadow Canyon) Date of Document Effective Date (signed by Christopher J. Cacheris 9/5/13) Number of Pages 3 Additional Signers (other than those named in the notarial certificate Pat Gower EXHIBIT D WATER SERVICES AGREEMENTS Page 25 of 36 49 11 PGS 2015009037 ASSN ASSIGNMENT OF ASSIGNMENT OF WATER LIVING UNIT EQUIVALENTS AND WATER iCREDITS (this "Assignment') is entered into as of November Q_, 2014 (the by and between SAN GABRIEL HARVARD LIMITED 3IP, izona limited partnership ("Assignor'), 278 GEORGETOWN, n 'Assignee"), CffiSHOLM TRAIL SPECIAL UTILITY a c nse and reclamation district created and functioning under Chapters s ater Code (the "Water District"), and THE CITY OF i e ome-rule municipal corporation ("Georgetown"). A. Assi o is a the Water District a d As Amendment To Non - Acre Tract') to receive, 'k g capacity (the "Total Water IJUEfr living unit equivalents in the No/100 Dollars ($1,595,000.00 Credits'), subject to the terms and B. On the Effective Date, As 278.212 acres of land out of the 308 Acre Exhibit "A" (the "Acquired Property"), fr RECITALS , tain Non -Standard Water Service Agreement between or about September 1, 2005 (as amended by the First ce Agreement, dated effective September 19, 2013, the >ignor's approximate 308-acre tract of land (the "308 �gs, (i 1100 living unit equivalents of water service e c rtain prepaid water impact fee credits for 550 e on Five Hundred Ninety Five Thousand and 1 been paid by Assignor (the "Water Impact Fee is of such VON Service Agreement. C. In addition to the Acquired PropM hundred (600) of the Total Water LUEs (the "Assis remaining five hundred (500) LUEs of the Total Credits for the benefit of the Acquired Property. D. Pursuant to this Assignment, Assignor to Assignee, and Assignee desires to accept and a Water Impact Fee Credits. among other things, approximately iption of which is attached hereto as E. The Water District and Georgetown entered into System Consolidation Agreement on or about October 15, 2013, Agreement on or about September 12, 2014, whereby the Water D and assigned most of its contracts to Georgetown. acquiring from Assignor (i) six ' ), with Assignor reserving the and (ii) the Water hnpact Fee AGREEMENT AND ASSIGNMENT transfer, and convey Vater LUEs and the NOW, THEREFORE, for and in consideration of the mutual promises parties, and other good and valuable consideration, including the sum of Ten the receipt and sufficiency of which are hereby acknowledged, the Water Dist Ass pment of Water LUFs end Water Impact Fee Credhs— Shadow Canyon 11461457v.6 EXHIBIT D WATER SERVICES AGREEMENTS and Utility lent to said of its assets \/ F el Page 26 of 201 2of11 , and Assignee agree as follows: Assignment and Assumption of Assigned Water LUEs and Water I>slpact Fee ct to the terms of Section 3 below and the terms and conditions of the Water Service ssignor hereby assigns, transfers, and conveys to Assignee, and Assignee hereby Wme -Begn Assignor, (i) the Assigned Water LUEs, and (ii) the Water Impact Fee On in b ations. Assignee agrees that Assignor shall have no further obligati s r th e 'ce Agreement to perform any obligations thereunder with respect to the Ass' a at or the Water Impact Fee Credits, or otherwise with respect to the Acquired P pe Assignee agrees that all such obligations shall be the obligations of Assignee, who er sumes such obligations. In this regard, and pursuant to the assignment set forth in Se ctr n be s gnee j�reby agrees to pay to Georgetown 54.55% of the Annual Water Supply Rese a on fe t d to the Water District as of October 1, 2014, is now due to Georgetown, but no et cu and invoiced, based on the number of "Reserved LUEs" (as the term is defin m W er ervice Agreement) as of September 1, 2014, pursuant to Section 3.2 of the Water ery A eme t. The obligations of Assignee hereby assumed include, without limitation, the obh a ' n to y he Re ervation Fee attributable to the Assigned Water LUEs pursuant to Section 3 anto su t pact Fee Payments pursuant to Section 3.4 attributable to the Acquired erty ay engineering review fee and all inspection fees and other fees attributable to operty, and (iii) construct all additional Internal Facilities with respect to the Acq ed operty as r pursuant to Article IV of the Water Service Agreement, and perform all gations un Artic V, Article VII and Article VIII of the Water Service Agreement with respect to the ern rli es required to provide service to the Acquired Property. Assignee specifically um s' or' obligations under Section 9.1 of the Water Service Agreement with respect to e a non ompliance of Assignee relating to the Acquired Property. 3. Consent of Georgetown. Pursuant t ass' ent set forth in Section 5 below, Georgetown hereby consents to the assignment by ssr r h under, as required pursuant to the terms of the Water Service Agreement.\ 4. Further Assurances. Assignor, Assignee, 4e aterWtri t and Georgetown will take such further actions, and execute and deliver such ful er d u ts, the other party may reasonably request for the purpose of more fully effectuating e ' e ' g the transactions contemplated by this Assignment. 5. Consent to Assignment. Assignor and Assignee h b a ann SALE, ASSUMPTION, ASSIGNMENT, TRANSFER, OR DEL Agreement by the Water District to Georgetown as of the date here o el Water District's rights, benefits, and privileges and all of the Water Distri s d e obligations under, or arising in connection with, the Water Service Agreem t Agreement is hereby amended to reflect this consent. The Water District has O ASSUMED, TRANSFERRED, OR DELIVERED the Water Service Agreement which has assumed all the Water District's obligations thereunder. Assignment of Wetc LUEs and Wma Impact I m Ltrdits —Shadow Canyon 11461457v.6 EXHIBIT D WATER SERVICES AGREEMENTS t to the Service I of the ies. and Vof Page 201 3of11 ``—�6. CCN. The parties understand and acknowledge that the 308 Acre Tract is currently oc ted ithin the water certificate and convenience service area of the Water District. However, y c act Georgetown owns and operates the water system that will serve the 308 Acre Tract. e ter District water certificate and convenience and necessity is transferred to r Georgetown otherwise acquires a water certificate of convenience and necessity at QjcJudes e Tract, retail customers on the 308 Acre Tract will be considered retail w r cus of ater District. The Assignor and Assignee hereby agree to support and not ec or' o ose any efforts by Georgetown to acquire or seek transfer of a water certifi tE o on niencean necessity that would include the 308 Acre Tract. 7. ce e l! This Assignment shall be governed by and construed in accordance tth e 1 s of the State of Texas. No amendments to this Assignment shall be effective, unl s wn ' g and signed by each of the parties. This Assignment may be executed in mu tpl coynip s, eachof which shall be deemed an original, but all of which shall constitute on an the §§�a a in ent. pages follow.] 0 Assignment of Water L11Fs and Water Impact Fee Credits —Shadow Canyon 11461457v.6 EXHIBIT D WATER SERVICES AGREEMEI 201 4of11 ASSIGNOR: SAN GABRIEL HARVARD LEWMD PARTNERSHIP, an Arizona limited partnership By: Georgetown 308, L.L.C., an Arizona limited liability company, its general partner / s ) By: Harvard Investments, Inc., a Nevada corporation, its Manager Nam . 'stop er J. Cacheris Title_ Vice Pre ident STATE OF 1 Irv.I J COUNTY OF 1 I IG § This instrument was acknowl ged beforejma€ Christopher J. Cacheris, Vice President of Manager of Georgetown 308, L.L.C., an San Gabriel Harvard Limited Partnership, entities. Not MARY I. TAYLOR Not Notary Public - Arizona Maricopa County • My Comm. Expires Oct 28. 2016 Assignment ofWat,=LUEs and Wm LnpdF'a Credits—Sbadow Canyon 11461457v.6 EXHIBIT D on ' the b� day of November, 2014, by nts, Inc., a Nevada corporation, as lA H ility company, as general partner of 5na.lifitited partnership, on behalf of those WATER SERVICES AGREEME 2015009037\Pane 5 of 11 ASSIGNEE: 278 GEORGETOWN, INC., a Texas corporation Name: Jos Aub Title: Pres dent STATE OF COUNTY( This Straub, Pres [seal] Assigmmt of Wa 11461457v.6 201 6of11 COUNTY District [seal] Assignment of Water LUFs and Waler Impact Fee credits— Shadow Canyon 11461457v.6 201 by r�i} on alf of said, hishohn Trail Special 7of11 STATE COUNTY This instramentWE mt'%'h2 [seal] slate of Comm. EXP. I CITY OF GEORGETOWN, TEXAS By: LV1 Name: .A A L tr V6 5 5 Title: qg &UQ4'Z- me on FfWry9, 2014?- by DALE- Ross , rC-XAS , on behaljW said City of Georgetown, Texas. iblic, State of Texas printed name:nPSsic w 9%a —fTLF 0 AssignmentofWa LUESand Water hnpwt F=Cmdits—Shadow Canyon 11461457v.6 EXHIBIT D WATER SERVICES AGREEMENTS e7 Page 32 of 201 8of11 s►•4: ut LEGAL DESCRIPTION OF THE ACOUERED PROPERTY the northerlyNo Partnersship IMTdi conveyed to M No. 2007014835 of northerly Northeast c of land, situated in the Isaac Donagan Survey, Abstract No. 178 and the vey, Abstract No. 608, in Williamson County, Texas, said land being a tract of land, called 307.949 acres, as conveyed to San Gabriel Harvard in Arizona limited partnership, by deed recorded as Document No. Public Records of Williamson County, Texas. Surveyed on the e 2014, under the supervision of Brian P. Peterson, Registered and being more particularly described as follows; on the south line of State Highway No. 29, marking the most e-referenced 307.948 acre San Gabriel Harvard Limited *Amer of that certain tract of land, called 10,550 acres, as �C, a Texas limited liability company, of record as Document V4 Records of Williamson County, Texas, for the most THENCE, S 4'31'00" W, 1.55 met 307.848 acre San Gabriel I the said 10.550 acre MCC Dev A marking an interior comer of the said tract, being the most westerly corner of tract, for An interior comer hereof; THENCE, along the northeasterly'line of the Partnership tract, and the southv ly I' t] tract, S 72048'45" E. 556.79 feet to an ' n pi found; and N 69'18'00" E, 197.85 feet to 60 easterly Northeast corner of the said 307.84 re being an interior comer of the said 10.55D acre easterly Northeast comer hereof; we San Gabriel Harvard Limited i0 acre MGC Developmer, LLC, !2'15" E, 70.62 feet to an iron pin a 14" Live Oak, marking the most 1,kw d Limited Partnership tract, THENCE, along the east line of the said 307.848 tract, S 26001115" E, 51.61 feet to an iron pin foImarMOC Development, LLC, tract, being the most wattre, Tract Five, Parcel Thee, as conveyed t Robertson, Jay Leon Wolf, Jr., and Iva Wolf McLachlan, by 2009090679 of the Official Public Records of Williamson Col LLC, tract, for the most the west line of the said 291.09 acre Hmdelang, et al, tract, S 21009 pin found; (an iron pin found bears N 43'51" W, 2.64 feet and a nail by 190 feet); S 21'17'001 E, 391.76 feet to an iron pin found; S 24'58' 15' pin found; 5 19'39'00" E. 207.78 feet to an iron pin found; S 21'58'45" pin found; S 20'56' 15" E, 911.34 feet to an iron pin found and S 21141 Assignment of Water LUEs and Water Impact Fee Credits — Shadow Canyon 11461457v.6 EXHIBIT D WATER SERVICES AGREEMENTS Limited Partnership 3t comer of the said that certain 291.09 Wang- Susan Jane ocNo. ument g along to an iron 'ss' n 9iron w t9prto an a Page 33 of 2015009OMPage 9 of 11 nqu-pin on, or near, the south line of the Isaac Donagan Survey, A-178, being the north itte f in mpson Survey, A-608, marking a southwesterly comer of the said 29I.09 ang, et tract, being on the north line of that eertam tract of land, called 457 acres, yed to by deed as recorded in Volume 345, Page 460, of the Deed Records of T , for the most easterly Southcast comer of the said 307.848 acre San and ers* tract, for the Southeast comer hereof; a y line of the said 307,848 acre San Gabriel Harvard Limited P i 4 0" W, at 215.93 feet pass an iron pipe set, for a total distance of 295.15 o a int the center of the South San Gabriel River, being the south line of the said 457 G an the line of that certain First Tract, called 104920 acres, as conveyed to A. f Weir, by deed as recorded in Volume 522, Page 451, of the Deed Reco a anty, Texas, for the most westerly Southeast comer of the said 307.848 acre San united Partnership tract, for the most westerly Southeast comer hereof, r� v THENCE, upstram alo tb her 'd San Gabriel River, with its meanders being the south line of the sat 307 Gabriel Harvard Limited Partnership tract, and the north line of the said 1048 W ' First Tract, N 81059100" W, passing the said north litre of the Joseph Thompson S A-608, be- 'd south line of the Isaac Donagan Survey, A-178, being the record most westerly o the 'd 457 acre Guy tract, for a total distance of 644.97 feet; S 55005'15" W, 51 2 00' S" W, passing the said south line of the said Isaac Donagan Survey, A-1 the line of the Joseph Thompson Survey, A-608, for a total distance 1, .01 S 69°07'15" W, 32636 feet; S 85°41' 15" W, 621.76 feet; S 57010' 15" W, ' 15" W, 755.32 feet to a point at, or neat' the Northwest corner of the said ] 048 2 F rst Tract, being the Northeast comer of that certain tray of land, called 190.40 yed to TOMS Crashed Stone Company by deed as recorded in Volume 743, P 47, of Records of Williamson County, Texas, and S 75048'15" W, 116.10 feet to a porn[ th comer of the said 307.948 acre San Gabriel Harvard Limited Partnership th southerly Soutbeast comer of that certain tract of land, called 103.9327 acres, ye L, Brown and wife, Beverly D. Brown, by heed as recorded in Volume 218 , of Official Records of Williamson County, Texas, for the Southwest comer hereof THENCE, N 1028115" W, at 39.61 feet, pass a 1" bar found, pas a of the Joseph Thompson Survey, A-608, being the said south line of the I S cy, -178, for a total distance of 1,642.61 feet, in ail, to an imn pin fohmd g so y Northwest comer of the said 307.948 acre San Gabriel Harm" Limited P p b an interior comer of the said 103.9327 acre Brown tract, for an interior corner f Assignment of WaterLUPs and Water Impact Pee Credits —Shadow Canyon P e 9 11461457v.6 EXHIBIT D WATER SERVICES AGREEMENTS Page 34 of 201 10 of 11 anIron pittoanr n feet to 4 Northwest N 84°56'00" E, 498.38 feet to an iron pin found marking an interior comer of the said :re San Gabriel Harvard Limited Partnership tract, Ding the most easterly Southeast said .9327 acre Brown tract, for an interior comer hereof; line of the said 307.848 acre San Gabriel Harvard Limited Partnership Fsaid 1039327 acre Brown tract, N 9°54'45" W, 350.05 feet to an I W, 383.76 feet to an iron pin found; N 4°47'00" E, 575.94 feet to 15" W, 192.14 feet to an iron pin found; N 40°32' 15" E, 13.02 feet '15'45" E, 343.66 feet to an iton pia found and N 2°1l'15" W, 319.98 i l j 1°56'00" W, 174.07 feet to an iron pin set for the most westerly THENCE, N 8 e33 ' E, 24W.6Xfbarto an iron pin set at the beginning of a curve to the right (Radius = 345.0 bears N 64°42'00" E, 154.79 fee), along the said curve for an arc distance of 15 , 2 to9(ir;kttTin set and N 77°40'W' E, 499.83 feet to an iron pin set for an interior comer lit THENCE, N 20°IIZV 4Q wart set at the beginning of a curve to the right, (Radius - 150.00 feet Long N 8'00" E, 21123 feet), along the said curve for an arc distance of 235.76 feet iro m set for the outhwest corner of Lot 1 of Shadow Canyon Commercial, Section 2, sion of rd Document No. 2010086635 of the Official Public Records of Williamson County, ng along the Southwest line of the said Lot I of Shadow Canyon Cammere S 2, on a curve to the right, (Radius = 150.00 feet, Long Chord bears S 67°51' E 12.1 eet) arc distance of 235.61 feet to an iron pin set; S 22°52' 15" E, 68.23 feet to iron pm the beginning of a curve to the left, (Radius = 797.62 feet, Long Chord bears S 340. f)et) and along the said curve for an arc distance of 343.43 feet to an iron pin fo most southerly comer of the said Lot 1 of Shadow Canyon Commercial, Sectio 2 rot r comer hereof, THENCE, N 9°46'45" E, at 655.00 feet, more or less o5om of Shadow Canyon Commercial, Section 2, being the m:L4., Commercial, Section 1, a subdivision of record in CabinWilliamson County, Texas, and continuing along the Commercial, Section 1, for a total distance of 727.84 feet, beginning of a curve to the let (Radius = 567.50 feet, Long feet) along the said curve for an arc distance of 262A4 feet N 16-33.45" W, at 97.42 feet pass the Southeast comer of that cer of an acre Dedicated for ROW on the said Shadow Canyon Comr distance of 114.92 feet, in all, to a brass disc in a concrete monument found of State Highway No. 29, being the north line of the said 307.849 acre Assignment of Water LUFs and Water Impact Fee Credits - Shadow Canyon 11461457v.6 ier of the said Lot I of Shadow Canyon ate Plat Records of EXHIBIT D WATER SERVICES AGREEMENTS v Canyon and at the W, 260.11 d and an 0.10 for tal f IQ O Pa 0 Page 35 of 201 11 of 11 tract, marking the Northeast comer of the said Shadow Canyon Commercial, ist northerly Northwest corner hereof; south line of State Highway No, 29, N 73028'4r 13, 289.39 feet to the containing 278.212 acres of land. L Brian F. P was made on gins knowledge and be e To certify which, wit ZL'4- day of Texas Central State Plane KNOW ALL MEN BY THESE PRESENTS yonal Land Surveyor, do hereby certify that this survey legally described herein and Is correct, to the best of my at Georgetown, Williamson County. Texas, this the Peterson Of Texas No. 22216-278.212 m , Assignment of Watal UB and Water Impact Fee Credits —Shadow Canyon 11461457v.6 AND RECORDED LIC RECORDS 2015009037 S" k;' . EXHIBIT D WATER SERVICES AGREEMENTS County Clerk ty, Texas 45 11:15 AN P II Page 36 of P14 RRSGS 2014094144 PARTIAL ASSIGNMENT OF PERMITS Partial Assignment of 10(a) incidental Take Permit, 404 Nationwide Permit, and kpPinion ("Assi ng ment") is made and entered into as of the date set forth below by OL HARVARD LIMITED PARTNERSHIP, an Arizona limited partnership (( nd or the benefit of 278 GEORGETOWN, INC., a Texas corporation (AsoNxei and Assignee are sometimes referred to herein collectively as the A. r Williamson u Exhibit A attac e Assignee plans tol improvements and B. In RECITALS this date conveyed to Assignee certain real property located in re particularly described as the 278.212 acre tract described on I inco orated herein for all purposes (the "Property),"and Pr rl as a single family residential subdivision with related agreed to assign and trans'fe nto to, or committed to Assi or(jii preserved in perpetuity by As ' n Ranch Mitigation Bank) to the 10(a) incidental Take Permit No. Interior, U.S. Fish and Wildlife Se C. In connection with the veyance of the Property to Assignee, Assignor has the ' is that are owned by, possessed by, afforded 3W g en-cheeked warbler habitat that has been m3,p6rchase of mitigation credits from Hickory Pass Wil to the Property, pursuant to that certain Section 13-0 issu the United States Department of the SEMyf on Jul 26, 2007 (the "1TP" ). agreed tor assign and transfer unto Assign by, afforded to, or committed to Assignor, the ext certain February 13, 2013 Nationwide Permit 2 app to place fill in regulated waters of the United Stat st of Engineers ("USAGE') pursuant to Section 40 ot✓ including rights under that certain April 7, 2014 d as well as the final biological opinion to be issued by (the ,.Bo,,) 2 D. The ITP, the 404 NWP, and the BQ are "Permits". Yroperty to Assignee, Assignor has are, or may be, owned by, possessed Yd to the Property, pursuant to that o ssignor requesting authorization ed o the United States Army Corps l n Water Act (the "404 NWP")�, al pi 'on issued by the USFWS, JSG�P54an related to the 404 NWP E. Assignor and Assignee agree to work together p( to include and add Assignee as an additional permittee under the F. Assignor has retained certain real property located in Wi consisting of approximately 29.636 acres more particularly described ' USACE Project No. SWF-2009-00459 Z USFWS Consultation No. 02ETA000-2014-F-0019 to herein as the the Permits Texas, EXHIBIT E Environmental Permits Page 1 of 201 PZ-1a V re and incorporated herein for all purposes (the "Assignor Retained Prooertv") to which the rmi apply. G. Assignor and Assignee desire to make and enter into this Assignment as erejrraT�r s t forth. AGREEMENT rd T for and in consideration of the premises herein stated, and other goodable t n, the receipt and sufficiency of which are hereby acknowledged, Assisi e as follows: 1. A . ent. signor has this day ASSIGNED, TRANSFERRED and CONVEYED and y t e r ents es ASSIGN, TRANSFER and CONVEY unto Assignee all of Assignor's i t tit]. d ' re in and to the Permits, to the extent (but only to the extent) that the s e re to an concern the Property (and not any other property) (the "Assigned Rights' , to O HOLD same unto Assignee, its successors and assigns, and Assignor does he y nd A si r, its successors and assigns, to warrant and forever defend all and singuI said s d Ri is unto Assignee, its successors and assigns, against every person whom a rwfu cjaiffii4 or to claim the same or any part thereof. 2. Assumption. Ashjgfi agr compliance with all aspects of P its development by Assignee of the oject on right, title, obligation or duty under the Perm the generality of the foregoing, Assign assumes all mitigation, monitoring, and re oc comply with all obligations related to the strict compliance with that certain June i Conservation Plan for the Shadow Canyon Pi successors and assigns, further covenants to j to assume full and complete responsibility for in connee(hi with ownership of the Property and under the ITP with regard to all of the habitat-4= "Transferred Preserve Areas"), including the obligation Areas be held and managed by an entity known as "The If all or any portion of the Transferred Preserve Areas profit entity that assumes the obligations under the ITP nd Assignor shall have no further n to the Property. Without limiting successors and assigns, expressly required by the ITP, to perform and ITP, and to at all times maintain E vironmental Assessment/Habitat P"). Assignee, for itself and its and comply with all obligations areas overed by the ITP (the rre ha the Transferred Preserve ow on.,Owners' Association." Areas, then Assignee shall be released from its obligations Preserve Areas when (a) the transfer is approved by the USY Assignee from such obligations. 3. Assignor Retained Rights and Obligations. Assignor Wfie right, title and interest in and to the Permits, to the extent that the same r at Assignor Retained Property. Assignor, for itself and its successors and assi to Assignee to perform and comply with obligations under the ITP with Assignor Retained Property to which the ITP applies, if any. amentai or non- >ferred Preserve the Transferred %FWS releases the EXHIBIT E Environmental Permits Page 2 of RVISN1 4. Additional Covenants. Assignor covenants and agrees that it shall not seek any bents to any of the Permits or take any other actions that would materially impair or with (i) development by Assignee of the Project on the Property, or (ii) Assignee's to co ply with all assumed obligations under the Permits. Assignee covenants and agrees, fi t the other obligations assumed hereunder, that it shall maintain the Permits in full d e d tit shall not seek any amendments to any of the Permits or take any other oul r or interfere with (i) the development or marketability of any Assignor o is any of the Permits apply, or (ii) Assignor's retained rights under the 5. ern Ito the con y e amend each d th such Permit. Assi execute such lette be necessary in c assistance shall not Mus. Assignor and Assignee agree and acknowledge that subsequent Property to Assignee, the Parties will work together post -closing to to clude and add the Assignee as an additional permittee under each ss gnee all cooperate fully with and assist each other and shall aKOs, ents, documents, materials or other information as may n appropriate activities hereunder, which cooperation and on y� held, conditioned or delayed. 6. Indemnity: si Assignor for any and all kdm (including reasonable attome breach of any covenant or agn assumed hereunder, including monitoring, or reporting obligation's` require comply with all obligations related to the Pr compliance with the EA/HCP, and to 0 Preserve Areas. Assignor hereby agrees i any and all damages, fines, enforcement pen attorneys' fees), and other costs arising out agreement in this Assignment or failure to p the Permits. F s toindemnify, defend and hold harmless o cement penalties, losses, claims, expenses costs arising out of or related to Assignee's Assignment or failure to perform any obligations ation, s nee's failure to perform mitigation, d b e IT as to the Property, to perform and erty r th ITP, to at all times maintain strict s o gat ns with respect to the Transferred n , end and hold harmless Assignee for ties, to . s, expenses (including reasonable or re a to ssi nor's breach of any covenant or erfo a ga ions retained by Assignor under Recitals. The above recitals are 8. Headings. The headings and captions in only, and shall not control or affect the meaning or i Assignment. purposes. 9. Severability. If any clause or provision of this Asfie unenforceable under the present laws, then it is the intention of P remainder of this Assignment shall not be affected thereby, and it is o Parties that in lieu of each clause or provision of this Assignment th i unenforceable, there be added as a part of this Assignment a clause or p c terms to such illegal, invalid or unenforceable clause or provision as may legal, valid and enforceable. 3 for convenience irovision of this invalid or ) that the bp of the t�alid or sux}ilar in EXHIBIT E Environmental Permits Page 3 of Er -TER 10. Entire Agreement. This Assignment constitutes the entire agreement and anding between the Parties with respect to the Permits and related rights and obligations rties related thereto, and supersedes all prior agreements and understandings, if any, ping a subject matter hereof. 11. din Effect. All of the terms, provisions, covenants and conditions set forth ein a b' upon and shall inure to the benefit of the Parties hereto and their 12. Co ". facsimile Sienatures. Multiple copies of this Assignment may be executed i nnssignatures of the Parties hereto. Each such executed copy shall have the full for a original executed instrument. To facilitate the execution of this Assignment, e s may ecute and exchange by email or facsimile transmission scanned or facsimile coun rp o th s As ' nment with handwritten signatures, and such scans or facsimiles shall be de d a ' n_akdoective for all purposes. Executed to be M day of November, 2014. Following Page.] 0 EXHIBIT E Environmental Permits V Page4 201 5of15 An SIGNATURE PAGE LIMITED PARTNERSHIP i, L.L.C., an Arizona company, its general partner Inc., a Nevada corporation, STATE OF �6-1004_ �/ COUNTY OF MbgrlM § This instrument was acknowledged befor me o Christopher J. Cacheris, Vice President ifHarvard veManager of Georgetown 308, L.L.C., an izona 1' iSan Gabriel Harvard Limited Partnershan A 'zohw corporation, limited liability company and limited p MARY I. TAYLOR Notary Public - Arizona Msricops county *MY Comm. Expires Oct 26, 2 116 day of November, 2014, by Inc., a Nevada corporation, as company, as general partner of partnership, on behalf of said EXHIBIT E Environmental Permil 201 6of16 GNATUREPAGE VaOWLEDGENIENT STATE OF TEXAS r /\ COUNTY OF _- ILFYf/ l $ / This instrument was acknowl, W. Straub, the President of corporation. on the 0 9 day of Nov mber, 2014, by Joseph [exaspcorpo Lion, on behalf of said D. KH Rate of -r ., t a7,1.ypt6 EXHIBIT E Environmental Permits Page 6 7of16 �o s EXHIBIT A Property Description for Sat Gabict l rmvad Liciited rartawbip B • 2 12 notes. of land, vtnmed in tba Isaac DOWJaa Smvty, A65tmet No. 178 and the Survey, Abase( No. 6M, in Ndliawan Covnry, Trxm said land being a iof tract of land, called 307.848 a t=, as eamzy-ed to San Gabriel Harvard tcd v Arizona IWDed pmmersh4% by decd mmrded as flocamenf "-Ko- 20t1 ciel Public Itixvrdn ofWillimoxtu County, i«at. Suncyed on the dos th of Juno, 7DI4, a -de, the aq=vision of Brian F. Pelasmt Rcgisfored P i Survtyar, atd being EUM, 11tubaly deauiheJ ns Co Ih . ; ffi an iron fatted an thcsoudt line bfStatc Hip[iwayNo. 24, marking tha mast nor of.dw nvc4efrasoeed 307.848 sew Soo Onbriel Harvard Limited shipy Nm� of that emtai:t tract nC7snd. called 14.55(1 actxa, as m , s Texas Imiitedliab*- a npany, ofrxord as rAnauntat No. 200 .t f 0 " Public Rr vnii of Wll is qoo Canmv. Toms, for the most nmtbRriy N 7'fIf24CE, S4 v' to o mm pin feumd mackutg at imedor cone[ af dtc said 307.848 ace San G 'ai MM being the most waicdy weer of the Said 1CS50 Sue G an interior Coma bm',of; MONCF, Stang the f of -d 307,849 acre San Gnbricl 1btiverd Lindttd Partaatship hart, and 111 edy of tie said 1035t1 ante MGC fMeuaupnteny LLC, #lacy S 72'48'45".G 556.79 to pin tbWM; S _ '15" E, 70,62 fiat to an imn ran found; aml N 69918'00" r-19 . imt to a Ed nail .sad 1n a ' Livt Oak, marking the mrnt m9�yNonhe4st camar aCtha said 307348a Lindr�PaRnalahip tray being an interior comer of the said 1. - 7e \i ' 1d.C, imt, for the moot eascdy Nruthcae wroiir ham€: TFIF24CF, along ik end line of the said 7,O&W-c Sou go tract, S26101'I5" R, 31.61 feet man Imo found MGC Doc lopmcnt, LLC. tract, being rite most Wntmly _ onh ant, Ttaq Five. Fowl ibuxe, aS cvaveyad-(o J y neq Robertson. Jay Lcoa WaIL Jr., and fva Woff 93c ham by 2OM90679 oftix Oflfcid Public kmmils of VilOw o0 f)ti soil titre of rite Said 291.09 site ain� et at, pin foandi fan two pin ihnnd bems N 43051" W, 24M4 feet and 90 fat); S 21`i1'UR" r, 591.76 feet to an iron pin f=4 S 's pin found; S 19'39'00" F, 107.711 fortto an imapin found; S 21, ptnlmard ; S 20'56'15" F, 9)1.4 fast 10 an L*onpin found and Pagel ol4 Harvard Limited Parataahip k69315 t of the said ora'.ain291.09 , Susan June. Dxwmzn No. atinufag along at to an son a 851,55' W, F .21 to an ins V0. as S6 91un W an EXHIBIT E Environmental Perm!' 201409414'4\Page 8 of 15 ima Pin found or. "new, the comb line of die"lac IMMWM Suvey; A-178, baing}he mrAh lice offho.JosephTnnmpaan Survey, A-608. Hooting s muthvracludy tamer of 0td said 791.09 awe Riodchca& at al, owl, being on the rmrih lim ofthtd otwdn tract of tend, called 457"41cres, ac conveyed to W.T. Guy by deed r reaude d in Vol®e 345, Page 460, ofdteDend Records of N CnuniY, Texas- for the mosremusly Soudwast corner cif dtc said 301M =n, San Oahtie� I Smned Parrnmthip tract. fbrthe Snwba4st.coma.heegf; i aeurhe uctrly line of the said 307.948 am Sou GabrW Aarvard Limped g-49°4WW- W, ut 215.93 &et pass mm free pipe sL% lot a tonal distance of poem in tbecentwof the South Sou Gnlaicl Rim, being the south Tara of ip act and the a.M line of den ML.W PiBt iraar, wdW MUD awes, as Weir and %rife, Esther Weir. by deed tot wcordcd in Volume 522. Page 451, of of will3censao Couinty, Thou, for the onor Westedt Smith" comer ofThe MmGabilel Aamead I united Pmnnetslrip pact, for the Tom vm>rtsly Swuhea+t THE u :d sg of the said South, San Gdaiel Rive, whb its mewders beiniNthe line a th VIKU acre Sm Gabricl Harvard limited PsnnMtO =04 pd the ten lien a 104 0 acre Weir Fins'rnc N $1°59'00" W, pataing dfi said narlh line of tfw Ja flu ey. A•b118, being The said aottdi fine oftYa isaech'ed Sung' A-1 e ro WAwteffy w»ffi of the said 457 awe Ouy fret fora loud di,neem oC f 5I9.7i f d, 23°00'IF' W, pssing the said south line of the said bast , A- 79, a mid north line of the bseph Thompson Snrvcy, A-60L a d' 1.530. 1 fcck 5 69°(rT15" W. 326.36 krt; S 85°41'15" W, 621. ; S 0' - W, .60 foots S 70°n3' li^ W, 7S5.32 f M to a pwiW 84 a rew, the IN c r the ' 1048]A awe Weir Fir u Tract. Mang the Northeast comet of tbst carteia tray and. I WAO acres, veycd To, Texas Cnnhe i Sum Cedipaay by deal ns a 'olumo 743, . of Deed Records of Williams Caws },Tens, and S 75°4$'ia' W, 1 t6.10 feet A point for SouthWmst cot of the said 307.848 a San GAbricl Harvard l,imkcd themoss southvty Sowhr�st comer of that ecnsia tract of land, can 03.93 acres, con yad to ElbW.L D. xio and Wilk, Arwrty D. Urmm. by deed en ra 'oIn 89. Re 585-of rite Oflid 1 Rem,& of WilGeoanaCmmty, Texm, for the So »cv here THEM10E, N Mr15" W. d 39AT, foci, p pass thr said north lint of the Jewph Iri mplan Sunky, A-608, 6rJag the said so inn n nogat Snrvty, A 178. fora tams dlsianca of 1;042.61 foes, in edl, m an' fo 'erg the ma sout§mly NorihWait comer of The said 307.8418 ewu SM Go lPartnership tract, Well an inutdor comer of thesdd 103.9327 one Umvm for w i umo Ratr coE P�eZOf{ V r EXHIBIT E Environmental Permits Page 8 of 20 9of15 THENCr. N 84--56'0V F' 498.38 fe l to an iron pin toured mating an. interior mmcr of the acid 307.848 acre San Gabicl Hftn%W Limited Patmembip trse4 being the most easterly Somheast muter of the aid 103.9327 acre Brown user, form itdmim catmu hereof; ' ahmg the west line of the:aaid 307,848 acre San Gabriel Wtvard I hailed Parmerabip and east line of the said ) 03.9327 acre Brawn tract, N 9'S4'45" V. 350.05 fire( to an itan. ' N I t° . VW W, 383.76 feet to all Iron pin found; N 4s47'00" Z 575.94 feet to i ; n4' 19` i l' I S W, 19L14 felt to art iron pin fuard: N 40°32' Ii" E, 13,112 &al ing pin fo ; N O115'45" Et 343.66 feet to ea iraa pin found and N 2'1 V7S' W, 319,98 tom a and N 1'56'00" W. 174.07 fro to an ima pin bet for the Irma westerly 5" E. 24&63 feet In an eon pin saw the beginning of a curry: to the right Lung Chard bears N 61"42'00" B, 154,79 feu), akng tbe.stid arree for \. 2 feet to an umr pin sot and N 77'40'00" L, 498.83 feat to writing pin so �; 2Ai"?d'{ /W. 7 f , rung iron pin set at the beginning of a curve to tie eight, MA " = ISO.T fct, ng bcwr N_ 22 08'OO" $ =23 fret), along the said curve for no arc _.76 to an irou pia W for the Soutbweat comer of Lot 1 of Shadow C.`RUM- `o i imion Of Marl as Doeutrem No. 2010096615 of the official Ptdrh _cis '' r ' It+nuar ty, TCT, VDMimring alone; lru. y7actht~cal line offt a. 'd Lot I. of w r C tr. ial, "on 2, along a curve io ft right (Radius 150.00 feel, long . vu, ray; S 67°3 45" 7_. 3 f�l au em dcstance:of 235.61 feet W an has pro xcn; S 22'5 5' C, e8.23 n M at the beginning of a curve To the left; (Radip — 797.62 Poet, ng urd : S 17`a5' E, 3a0.79 fee)} oral nkmg. the sew] cony fro an me di;tanco of 3a f , row a pin found marling the most wuibedy lamer of the acid Lot i of Shadow Can Co tCiaE, Sactioa Z• fopn o Icdor cvtnrr. heeof; 711Ei(:}:, N 4'46'43" F., of ,555,U0 f more or -, puss rho icav tamer aflitc said Lot I of Shadow Cen}� CotnmCrciai, Sc 2, ng the A - !Y comer of Shadow fanyo i Commercial, Section t, a suidivit4on ord Noug: E, 91' c 321, of the Plat Rcazrak of A+lil®rrsou Cmmty, Teaas, mad con ong Ill of the said Shadow Canyon GouunenirrL Section 1, for a total di of .84 fr all, in an iron pin 5huod ni tho beimming of a ewe to the la (Radius _ .SO m N 3°13'15" W, 260.11 feet) along the said Lune fdr In, arc distnoCe of 44 feet m an iron .pin found and N 16133'45" W. at 9?.42 fort pn ., ffx Suutl>p9 era of 71 t a race of land called o.10 ofaa acre Ih�caud for ROW on the said Shand oa on err ail. Section i, for a wral Distance of 114:42 fey lm elL r4 a (ours disc inn c ttmnume on the said numb line of Stale 3tighway No. 29, being ile nosh line of the are San 'abricl Harvard Page 3 of a 0 EXHIBIT E Environmental Permits Page 9 of 10 of 15 L:4WW 7'mbwmWp tract mrrkmg OL Nardi t aom of the Enid Shadom Cmy„n Gomm rziel, Swdoa L fur Utemoet vanhraly Nmmacstcomtr hM*f-, TRDJCL., slml&ilm sa;.tL moth liee ai Su&fthway Nu. 29,4 7r2914F E, 28939 feet w d,e o ,Ih'NRJC, mid cmtairugt 278 :I2 acr¢uf Irmd. Nate 's _Bear;ng Ot'S 9lw�ntnioe Texet Famad Stute P63rx' fge4 cf 4 R'NOWALL bBiNBY'flM .F FRBSVM. gmcmd Pwfessi m& Toad S, reyor, do baby om6* timr this m cy edw pmpa{t I>_ge1}'+L wribrd hemie rmd is comm to tho bait o_fmy seal et cmmvcw� wllbms Cn;mty.3 e.�ttm, thta ihu .2aW A.O. OC FR 3P`+T !E6`ardt Brian f.,eunm V r r EXHIBIT E 10 Environmei 201 11 of 15 EXHIBIT B Assignor Retained Property Description al�6res or reel of land situated in the Isaac Donegan Survey, A-178, and the Jos. rvey 8, in Williamson County, Texas and being all of a tract land, called 0to outh Fork Land Development Co. by deed recorded in Volume 840, Page the eed s of Williamson County, Texas and being described by metes and bounds on ib' ac ed bereto, SAVE AND EXCEPT the Property described more particular o xh' ' A hAnd hereto. �Go 0 O O 11 EXHIBIT E Environmental Permits 12 of 15 EXHIBIT B-1 FIELD NOTES FOR 307JM ACRES hart or parcai of land shunted in the lmsc Domegaa Surrey, A-178, and the Jos. ay, A-608. in Williaram County, Ta=es and being all of.a tract land, callad 6vayW to South Fork Land Devolapwtm Co, by.deed recorded m Volume $40, M" Records of W Mia=cn Comay, Texas and being more partimthully desenbed Funds follows: it an iron pin found on the Smahead line of State irghway 429 in comer of a 10.37 acre trad.of land cowayed to Texas Truddng recorded in Doaanmt 99875155 of die Official Recods of atTexas, and the Northeast comer of the above mentioned , thtt Northeast coma ofthistract *a said tract THENCE $ 7N angle point of the point ofthis tract Featto an iroa pin foamdm an ogle point oftho 1057 acm tract for an angle point ofthis tract i feet to an into pin found in an angle point of mid. 10.57 acre trail for an angle point cfthia TIENCE N 69'20'29' E 197.75 for an angle point of the said 303.1 acre tract, and an angle point oftbis non pin fomd at a 20" oedartrue in. an the said 10.57 acre tract far an angle THENCE S 2i058'47" E 51.58 angle point of the said 308.06 acre d: We tract, theWest comer of a 291.09 by deed recordad in Volume 601, Page 755 0� and as angle point ofthis trod. r nail kwd in a 14" live oak tray ap point of the said 10.57 HENCE S 21008'59" E 692.23 feet to an�irr�a pi .said 308,D6 acretract6nr an angle point ofthis tract THENCE S 21 a14`29" S 393:19 leer to an irco on angle point of the said 308.D6 am tract and as,sugle, Exhibit - J 12 toad is a force post for an of the said 10.57 acre to 14 W. Hiodelaug at al EXHIBIT E Environmental Permi bftbe