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1985-0861050L NO &6-84) AN ORDINANCE APPROVING A CONTRACT FOR THE CITY'S PARTICIPATION IN THE COST OF INSTALLING OVERSIZE WATERLINE FACILITIES, AUTHORIZING THE MAYOR TO EXECUTE THE CONTRACT, APPROVING THE EXPENDITURE OF FUNDS THEREFORE, AND PROVIDING FOR AN EFFECTIVE DATE WHEREAS, the City of Denton wishes to enter 3.nto an agree- ment to participate in the cost of providing oversized waterline facilities which is in the best interests of the City, and WHEREAS, Section 2 36 (f) of that the City Council approve $3,000, and the Code of Ordinances requires all expenditures of more than WHEREAS, Section 2 09 of the of the Council providing for the contracting of indebtedness shall City Charter requires every act expenditure of funds or for the be by ordinance, NOW, THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS SECTION I That the City Council hereby approves the "Waterline Oversize Participation Agreement, attached hereto, between the City and Sam Kartalis, Venture Manager, d/b/a Ridgeway Plaza Joint Venture to provide for the city's participation in the cost of providing oversized waterline facilities in accordance with said agreement and the Mayor is hereby authorized to execute the agreement on behalf of the City SECTION II That the City Council authorize the expenditure of funds in the manner and amount as specified in the agreement SECTION III That this ordinance shall become effective immediately upon its passage and approval PASSED AND APPROVED this day of 1985 CI1W OF ATTEST lz/",p C R CITY SECRETAY TE ALLEN , CITY OF DENTON, TEXAS APPROVED AS TO LEGAL FORM DEBRA ADAMI DRAYOVITCH, CITY ATTORNEY CITY OF DENTON, TEXAS TEXAS BYs 4Ofit(./W0lrG~C1V 1050L THE STATE OF TEXAS § COUNTY OF DENTON § WATER LINE OVERSIZE PARTICIPATION AGREEMENT BETWEEN THE CITY AND SAM KARTALIS KNOW ALL MEN BY THESE PRESENTS THAT, WHEREAS, Sam Kartalis, Venture Manager, d/b/a RIDGEWAY PLAZA JOINT VENTURE, 8235 Douglas, Suite 816, Dallas, Texas, 75225, is the Developer of certain property shown on the attached map, which map is incorporated herein as if set forth in full, in the City of Denton, Denton County, Texas, and further described as property on the West side of I-35E between Conway and Lillian B Miller Freeway, and Developer desires to serve such property with 415 feet of off site and on site water line facilities, and, WHEREAS, the City of Denton desires that such on and off site water facilities be oversized and the City will participate in the additional cost of the oversized facilities pursuant to the provisions of the Denton Development Code, Appendix A to the Code of Ordinances of the City of Denton, Texas, NOW, THEREFORE, This Agreement, made this `day of 4,4L , 1985, by and between Sam Kartalis, Venture Manager, a RIDG Y PLAZA JOINT VENTURE, Dallas, Texas, hereinafter cal ed "Developer", and the City of Denton, Texas, a Home Rule municipal Corporation of the State of Texas, hereinafter called "City", WITNESSETH 1 The Developer will install, by contract or otherwise, a 27" water line and necessary appurtenances to serve the property described on the attached map in accordance with all City of Denton ordinances, rules, regulations, policies and procedures The said facilities shall be located as shown on the attached map which is made a part hereof for all intents and purposes ~3oo&_O 2 The City's share of the estimated cost of said faciities is , Upon completion of construc- tion and acceptance by the City of said facilities, the actual cost of the City's participation in said facilities shall be determined and certified to by the Director of Utilities, and his certificate setting out the City's actual cost of said facilities shall be attached hereto and made a part hereof 3 The City shall pay for its share of the facilities within thirty (30) days from the date of acceptance of the facilities, or under such terms and conditions that are mutually acceptable to the parties 4 Title to said facilities is hereby and shall at all times be vested in the City 5 The Developer shall and does hereby agree to indemnify and hold harmless the City from any and all damages, loss or liability of any kind whatsoever, by reason of injury to property or third person occasioned by any act or omission, neglect or wrong doing of Developer, its officers, agents, employees, invitees, contractors or other persons with regard to the performance of this contract, and Developer will, at its own cost and expense, defend and protect against any and all such claims and demands 6 If Developer does not begin construction of these facilities wihin one calendar year (12 months) from date of this signed Agreement, this Agreement becomes null and void RIDGEWAY PLAZA JOINT VENTURE/PAGE 1 IN WITNESS WHEREOF, this instrument is executed this day of 1985 RIDGEWAY PLAZA JOINT VENTURE BY ' S AL s s CITY OF DENTON, TEXAS BY ATTEST CttAKLOTTE r CITY OF DENTON, TEXAS APPROVED AS TO LEGAL FORM DEBRA ADAMI DRAYOVITCH, CITY ATTORNEY CITY OF DENTON, TEXAS BY RIDGEWAY PLAZA JOINT VENTURE/PAGE 2