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HomeMy WebLinkAbout1999-188F \shared\dept\LGL\Our Documenta\Ordniances\99\Unicorn Lake Wmdiammer doc ORDINANCE NO q9 - / 0 0 AN ORDINANCE AUTHORIZING THE CITY MANAGER TO EXECUTE AN AGREEMENT ON BEHALF OF THE CITY OF DENTON WITH WINDJAMMER, LTD, RELATING TO PURCHASE OF RIGHT-OF-WAY AND THE CONSTRUCTION OF CERTAIN PUBLIC IMPROVEMENTS IN UNICORN LAKE, AUTHORIZING THE EXPENDITURE OF FUNDS THEREFOR, AND PROVIDING AN EFFECTIVE DATE THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS SECTION I That the City Manager is hereby authorized to execute an Agreement on behalf of the City of Denton with Windjammer, Ltd, substantially in the form of the attached Agreement which is incorporated herein for all purposes, relating to the purchase of property in Unicorn Lake for street right-of-way and the construction in part of Wind River Lane SECTION II. That the City Manager is authorized to make the expenditure of funds as provided in the attached Agreement SECTION III That this ordinance shall become effective immediately upon its passage and approval PASSED AND APPROVED this the —L� day of _, 1999 ATTEST' JENNIFER WALTERS, CITY SECRETARY ZEWWAIFANCOWN I MAI APPROVED AS TO LEGAL FORM HERBERT L PROUTY, CITY ATTORNEY AGREEMENT AGREEMENT dated / ' I Z O 1999 between the City of Denton ("City") and Windjammer, Ltd WITNESSETH WHEREAS, Windjammer, Ltd ("Owner") is the owner of certain land in Denton County, Texas, which is being developed ("Project") to be known as UNICORN LAKE, and WHEREAS, the Project will benefit the City, and the City and Owner reached certain agreements regarding assistance the City will provide in connection with development of the Project, NOW, THEREFORE, for good and valuable consideration, the receipt and adequacy of which is hereby acknowledged, the parties agree as follows The Owner shall dedicate an eighty (80) foot wide right-of-way through the Project to connect the terminus of Wind River Lane at the east line of Wind River Estates, Phase VII, an addition to the City of Denton recorded in Cabinet P, Page 151 of the Plat Records of Denton County, Texas to the southbound service road of Interstate Highway 35 East as described by metes and bounds on Exhibit "A-1" and illustrated on Exhibit "A-2", both attached herewith 2 The typical platting process for the Project would entail a right-of-way dedication for Wind River Lane of sixty (60) feet in width as per the current Denton Mobility Plan, Roadway Component The timing of the Project is such that is desirous to build the road prior to formal platting activity to expedite the public's use of Wind River Lane as a connection from Teasley Lane / Lillian Miller Parkway to the Interstate 35 East southbound service road The City of Denton hereby agrees to participate in the cost of the additional twenty (20) feet wide right-of-way yield as an oversize measure The City of Denton shall pay EIGHTY-FIVE THOUSAND NINE -HUNDRED AND TWENTY TWO DOLLARS AND NO CENTS ($85,922 00) for the additional twenty (20) feet wide nght-of-way included in the overall dedication In addition to the City's above -mentioned monetary participation in the nght-of- way for Wind River Lane, the City hereby agrees to participate in the cost of the said Wind River Lane construction from the terminus of Wind River Lane at the east line of Wind River Estates, Phase VII, an addition to the City of Denton recorded in Cabinet P, Page 151 of the Plat Records of Denton County, Texas to the southbound service road of Interstate Highway 35 East The City shall pay either (a) ONE HUNDRED AND FOURTEEN THOUSAND SEVENTY EIGHT DOLLARS AND NO CENTS ($114,078 00) or (b) an amount not to exceed 30% of the total contract for the required facilities, whichever is less, as provided for in §212 072 of the Texas Local Government Code, as participation in the paving and drainage improvements necessary for the construction of the above -mentioned section of Wind River Lane The Owner and City hereby acknowledge that the above -mentioned participation payments for the right-of-way and construction costs of said Wind River Lane shall only be disbursed upon full execution and acceptance of development contracts by the City for the said Wind River Lane road project along with the execution and acceptance by the City of the "Dedication of Property For Public Use" document for the above -mentioned eighty (80) foot wide Wind River Lane right-of-way dedication 5 OWNER, ITS HEIRS, SUCCESSORS AND ASSIGNS AGREE TO DEFEND, INDEMNIFY, AND HOLD HARMLESS THE CITY OF DENTON FROM AND AGAINST ALL CLAIMS OR LIABILITIES ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT 6 This agreement shall be construed under and in accordance with the laws of the State of Texas, and all obligations of the parties created hereunder are performable in Denton County, Texas This agreement constitutes the sole and only agreement of the parties and supersedes any prior understandings or written or oral agreements between the parties respecting the within subject matter 8 This agreement shall be filed in the Real Property Records of Denton County and shall constitute covenant running with the land EXECUTED this 'day of 7- 1999 CITY OF DENTON, TEXAS ATTEST JENNIFER WALTERS, CITY SECRETARY �,0 Page 2 APPROVED AS TO LEGAL FORM HERBERT L PROUTY, CITY ATTORNEY OWNER WINDJAMMER, LTD /! BOB S_ GENERALPARTNER STATE OF TEXAS COUNTY OF DENTON § This instrument was acknowledged before me on the day of 191E, by Michael W Jez, City Manager of the City of Denton, a munici corporation, on n behalf of said corporation / / P ANN FORSYTHE . (1, Notary Public, stele of Texas s1``r*,,llWWww►►�j''!!�b My Commiealoe Expires pR{,,11t MAY B, 2002 Not Public, STATE OF TEXAS COUNTY OF DENTON This instrument was acknowledged before me on the C 0+—' day of 1991) , by Bob Shelton, General Partner, Windjammer, Ltd ----------------- me o L YOORE 3tette of Texae I(SCam Eqa Ixt•4�201t k O, Notary Pubh , Styte of Texas \\CH-LGL\VOLI\shumd\dept\LGL\Our Documents\Contracts\99\Wmdjarnmer Contract doc Page 3