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HomeMy WebLinkAbout1983 '3E8L . WATER MAIN CONSTRUCTION REIMBURSEMENT AGREEMENT THE STATE OF TEXAS $ KNOW ALL MEN BY THESE PRESENTS: COUNTY OF DENTON 5 This agreement, made and entered into this the day of , 1983, by and between Frank Bourland, herein- after called "Developer", and the City of Denton, Texas, a home rule municipal corporation, hereafter called "City"; WITNESSETH: WHEREAS, the developer, in order that certain real property could properly be served with City water services, did, in accordance with the provision of Sections 25-75 through 25-19 of the Code of Ordinances of the City of Denton, Texas contract for and pay for the cost of the construction and installation of a 720 foot, 8 inch diameter water main extension hereinafter referred to as "water main", located in the City of Denton, Texas, as shown on the attached plat, said plat being incorporated herein by reference for all purposes and showing therein said water main; and WHEREAS, said developer desires to receive reimbursement of the cost of such water main in an amount not to exceed contract construction cost of Fifteen Thousand Seven Hundred and Eighty-Four and No/100 Dollars ($15,784.00), as such prorata construction costs are paid to the City by the users of said water main, as provided for in said ordinances. NOW, THEREFORE, PREMISES CONSIDERED: I. That in consideration of the construction of said water main for the benefit of developer, which has been constructed by the developer at the City's direction, and in consideration of the reimbur--em-Int to developer of grorata construction cost collected by the City from users extending service lines to said water main, and in further consideration of the transfer to the City of all of developers' right, title and interest in the aforesaid water main and all appurtenances thereto, and all PAGE ONE easements, rights of way and permits secured by or for developer for the purpose of locating said water main, City hereby agrees to accept said water main upon final approval thereof, after inspection, and further agrees to continue to provide water service to developer's property served or to be served by said water main for such monthly service charges as are, or may be, established pursuant to law by the City. II. That the City further agrees to reimburse the developer up to the cost of construction of such water main, in the amount of Fifteen Thousand Seven Hundred and Eighty-Four and No/100 Dollars ($15,784.00) pursuant to the provisions of Section 25-75 and 25-76 of thr. Code of Ordinances of the City of Denton, Texas, as amended, with the following Iiii-itations: (a) Reimbursement to developer for construction costs of sai.i water main received by the City for prorata costs collected from users extencing a service line to said water main shall contit ie from August 21, lyd3 to August 20, 1993 but not l yond. (b) Reimbursement shall not apply to main extensions constructed by the City, or at its cost, from the water main specified herein; (c) Reimbursement payments shall be made to the developer or his assigns, specified in writing and to no other person. (r All reimbursable prorata tapping charges incurred under the provisions of Section 25-76 shall be paid directly to City, and City shall transfer amounts due to developer within thirty (30) days of receipt. (e) Developer or his assign will not be obligated to pay any prorata construction costs to the City for said water main where service lines are extended to such water main from properties owned by said developer or his assigns on the date of this agreement to said water main. IIl I That for and in consideration of the fulfillment of the agreements by the City, as aforesaid, and in consideration of the ag:cc^:ent-s to be perfor-c-d in the fut-.,. ~,y t c Ci.J, ao I aforesaid, developer hereby transfers to the City all of its right, title and interest in and to the water main extension PAGE TWO described above, and any and all easements, permits and rights of way secured by them for the purpose of locating the said water main extension. WITNESS the hands of the parties hereto on the day and year first above written. CITY OF DENTON, TEXAS BY• ~RI ARD U/. STEKART, MA ATTEST: ~ i CHARLOTTE ALLEN, CITY SECRETARY CITY OF DENTON, TEXAS APPROVED AS TO LEGAL FORM: C. J. TAYLOR, JR., CITY ATTORNEY CITY OF DENTON, TEXAS BY: FRANK BOURLAND, DEVELOPER PAGE THREE