2015-331sAlegal \our documents \ordinances \15 \red third amendment.docx
ORDINANCE N0. 2015 -331
AN ORDINANCE OF THE CITY OF DENTON, TEXAS, APPROVING A THIRD
AMENDMENT TO AN ECONOMIC DEVELOPMENT PROGRAM GRANT AGREEMENT
DATED JUNE 15, 2010 BETWEEN THE CITY OF DENTON AND ALLEGIANCE
HILLVIEW; AND PROVIDING AN EFFECTIVE DATE.
THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS:
SECTION 1. The City Manager, or his designee, is hereby authorized to execute a Third
Amendment to Economic Development Program Grant Agreement (the "Third Amendment "), in
substantially the form of the Third Amendment which is attached hereto and made a part of this
ordinance for all purposes.
SECTION 2. The City Manager, or his designee, is authorized to exercise the City of
Denton's rights and duties as set forth in the Amendment.
SECTION 3. This ordinance shall become effective immediately upon its passage and
approval.
PASSED AND APPROVED this the
ATTEST:
JENNIFER WALTERS, CITY SECRETARY
API
AN9
_. 3
BY: a
�,�
fiYd M c
day of X41 � �y. , 2015.
CHRIS WATTS, MAYOR
sAlegal \our docu men ts \contracts \15 \third amendment to red agreement.docx
STATE OF TEXAS §
COUNTY OF DENTON §
ENT TO ECONOMIC DiI"'VL,'I,Ol' l�,�' 91" P OGRAM Ci1ZANT
.] °1�111°�1) A11m i'�l.M...��.,�
WIT11 ALLEGIAN('.,[m', 11[LLV1Fm'' , [-R
This Third Amendment to Economic Development Program Grant Agreement with
Allegiance Hillview, L.P. (this "Third Amendment ") is made and entered into as of the _10 day
of vm,q .. m, 2015, by Allegiance Hillview, L.P., a New York limited partnership
( "Grantee "), DB Denton II LLC, a Delaware limited liability company ( "Assignee "), and the City
of Denton, Texas, a Texas municipal corporation (the "City "), Grantee, Assignee, and the City are
individually referred to as a "Party" and collectively as the "Parties."
WHEREAS, on June 15, 2010, Grantee and the City entered into that certain Economic
Development Program Grant Agreement with Allegiance Hillview, L.P. (the "Agreement ");
WHEREAS, on September 14, 2010, Grantee, Assignee, and the City entered into that
certain First Amendment to Economic Development Program Grant Agreement with Allegiance
Hillview, L.P., (the "First Amendment "), which First Amendment approved the assignment of
certain right, title, and interest of Grantee in and to the Agreement to Assignee;
WHEREAS, on May 13, 2014, Grantee, Assignee, and the City entered into that certain
Second Amendment to Economic Development Program Grant Agreement (the "Second
Amendment ") to expand the categories of Eligible Improvements, to increase the total cost of the
Eligible Improvements, to approve Phase I Costs and Eligible Phase II Costs, to expand the
definition of Total Taxable Sales, to define Retail Improvements in Phase II to include "Initial"
and "Additional" improvements, and to extend the Program Grant for Phase II; and
WHEREAS, Grantee and Allegiance GL LLC, a Delaware limited liability company
("Allegiance"), entered into that certain Assignment and Assumption Agreement dated as of April
1, 2015, pursuant to which Grantee assigned to Allegiance the Phase I Rights and Obligations of
Grantee under the Agreement; and
WHEREAS, the Parties desire to further amend the Agreement to facilitate the
development of a Hotel and Convention Center in Phase II;
NOW THEREFORE, for good and valuable consideration the receipt and adequacy of
which are hereby acknowledged, the Parties agree to amend the Agreement and First Amendment
as follows:
1. Revised Definitions
a. Total Taxable Sales. The term "Total Taxable Sales" is revised in its entirety to read as
follows: "Total Taxable Sales means the total amount of all sales (including mixed
beverage sales covered by HB 3572 effective January 1, 2014) from which the City
sAlegal \our documents \contracts \15 \third amendment to red agreement.docx
receives sales tax with a point of sale in Phase I or Phase II, regardless of whether such
sales are retail sales and use occurring at a business located in Phase I or Phase II
(excluding sales occurring at any Dillard's, J.C. Penney Co., Macy's, Sears Roebuck and
Co., Barnes & Noble, DSW (Discount Shoe Warehouse), and Ross Dress for Less that
locates within the Property and closes any store located within the retail shopping area
commonly known as the 'Golden Triangle Mall'), and excluding all sales occurring at
the Hotel and Convention Center Project developed by O'Reilly Hotel Partners Denton,
or its successors and assigns, as depicted in Exhibit A. All references in the Agreement
that indicate that the Total Taxable Sales and the information shown on the Monthly
Sales Tax Report are limited to sales from businesses located within Phase I or Phase II
shall be expanded to include mixed beverage sales and all sales with a point of sale in
Phase I or Phase I1, regardless of whether such sales are retail sales occurring at a
business located in Phase I or Phase II.
b. Initial Retail Improvements in Phase II. The term "Initial Retail Improvements in Phase
II" is revised in its entirety to read as follows: "Initial Retail Improvements in Phase II
means a minimum of 300,000 gross square feet (as measured to the exterior building
wall) of retail or commercial shopping center buildings located in Phase II, comprised
of (i) the Town Center (as described by the zoning applicable to the Property, (ii) the
ground floor of the hotel and the convention center space that is part of or planned to be
part of the Hotel and Convention Center Project whether or not the Hotel and
Convention Center Project has a certificate of occupancy by January 1, 2018; and (iii)
other retail or commercial shopping center buildings located in Phase II ".
2. Program Grant for Phase II.
a. Section 3.2 of the Agreement is revised in its entirety to read as follows: "Program
Grant for Phase II. This Agreement shall be effective as of the date executed by the
City and Grantee. At any time following execution of this Agreement and following
Substantial Completion of the Required Infrastructure for Initial Retail Improvements
in Phase II (but not later than January 1, 2018), Assignee may designate the first day
of any month to be the Program Effective Date for Phase II by providing written notice
to the City at least 60 days prior to the designated Program Effective Date for Phase II.
The City will begin making Program Grant for Phase II monthly installment payments
on the designated Program Effective Date for Phase II and shall continue to make such
monthly installment payments for 300 consecutive months as provided by this
Agreement. This Agreement will terminate with respect to the Program Grant for
Phase II upon the earlier to occur of (i) the date Assignee has been paid for the full
amount of the Eligible Phase II Costs, or (ii) 300 months after the Program Effective
Date for Phase 11 regardless of whether Assignee has been paid the full amount of the
Eligible Phase II Costs. Additional Program Grant for Hotel and Convention Center
Project, as depicted in Exhibit A. The City will begin making Additional Program Grant
for Hotel and Convention Center Project monthly installment payments commencing
the first month following receipt of the certificate of occupancy of the Hotel and
Convention Center Project and following commencement of Phase II Grant Payments,
and paid monthly until Assignee has received $5,000,000 as consideration for lost
revenue in Phase II as a result of the Hotel and Convention Center Project.
Page 2
Olegal \our documents \contracts \15 \third amendment to red agreement. docx
b. The first paragraph of Section 5.2 of the Agreement is revised in its entirety to read as
follows: "Program Grant for Phase II. Program Grant for Phase II monthly installment
payments during the term of the Program Grant for Phase 11 shall be calculated as 50%
of the 1.5% sales tax collected by the City with respect to the Total Taxable Sales
allocable to Phase II during the preceding month as established by the most recent State
Comptroller's Monthly Sales Tax Report. The City's obligation to make such payments
is contingent upon the City's receipt of the sales taxes from the Texas State Comptroller
and the Monthly Sales Tax Report; provided, however, if the State Comptroller ceases
to issue Monthly Sales Tax Reports, the Parties shall cooperate to arrive at a reasonably
equivalent and mutually agreeable alternative method of computing the Program Grant
for Phase II monthly installment payments. Payments of the Program Grant for Phase
II monthly installment payments will be used to repay Assignee for Eligible Phase II
Costs not otherwise paid with Program Grant for Phase I payments (up to a maximum
of $21,000,000.00 upon Substantial Completion of the Initial Retail Improvements in
Phase II and up to an additional $27,000,000.00 upon Substantial Completion of the
Additional Retail Improvements in Phase 11). Additional Program Grant for Hotel and
Convention Center Project. Program Grant for Hotel and Convention Center Project
shall be calculated as 15% of the 1.5% sales tax collected by the City with respect to
the Total Taxable Sales allocable to Phase I and Phase II during the preceding month
as established by the most recent State Comptroller's Monthly Sales Tax Report. The
City's obligation to make such payments is contingent upon the City's receipt of the
sales taxes from the Texas State Comptroller and the Monthly Sales Tax Report;
provided, however, if the State Comptroller ceases to issue Monthly Sales Tax Reports,
the Parties shall cooperate to arrive at a reasonably equivalent and mutually agreeable
alternative method of computing the Program Grant for the Hotel and Convention
Center Project monthly installment payments. Payments of the Program Grant for the
Hotel and Convention Center Project will be made monthly until Assignee has received
$5,000,000 as consideration for lost revenue in Phase II as a result of the Hotel and
Convention Center Project.
3. Conflicts; Effect of Third Amendment. To the extent of any inconsistency between the terms
and provisions of this Third Amendment and the Agreement, the First Amendment and the
Second Amendment, the terms and provisions of this Third Amendment will control. Except
as amended by this Third Amendment, all of the terms, covenants and conditions of the
Agreement, the First Amendment, and the Second Amendment are in full force and effect and
the Agreement, First Amendment, and Second Amendment are hereby ratified and confirmed.
4. Binding Effect. ffect. This Third Amendment will be binding upon and will inure to the benefit of
the Parties and their respective successors and permitted assigns.
5. Counterparts. This Third Amendment may be executed in one or more counterpart copies, all
of which will constitute and be deemed an original, but all of which together will constitute
one and the same instrument binding on the Parties. Delivery by facsimile or electronic mail
of this Third Amendment or an executed counterpart hereof will be deemed a good and valid
execution and delivery hereof.
s: \legal \our documents \contracts \15 \third amendment to red agreement.docx
ATTEST:
JF'N WALTERS, Y
BY: � Ao""— /I
A1111K)VED ( TO LEGAL FORM:
ANITA BURGESS, CITY ATTORNEY
CITY
CITY OF DENTON, DENTON, TEXAS
A TEXAS MUNICII'Al CORPORATION
&-ORGE, C. CA11 11 .
1�1�CITY MANAGER
GRANTEE
ALLEGIANCE HILLVIEW, L.P.,
a New York limited partnership
By: TH GP LLC (d/b /a TH Denton GP LLC,
in the State of Texas), a Delaware limited
liability company
Its: General Partner
Y• �....__.....
Name: Andfaw Its: Osborne
Page 4
sAlegal \our documents \contracts \15 \third amendment to red agreement.docx
ACKNOWLEDGMENT
. W
STATE OF _ §
COUNTY 01 _ §
This ir%stlrtt�c1' ..
AM
tt wwrs A(�l�fO1I�t r1,1_ before me t�17"�.. � �a�.�_� ;... by
the w _ 1xP LLC (d/b /a TH Denton GP LLC, in the State
of 'rs�1s), a Delaware N.i111itecl liability company, the general partner of Allegiance Hillview, L.P.,
a New York limited partnership, on behalf of s ,h N" 11tec partnership.
91 4M E Y4 1'Q ....... ... .. -.
Nol.ar I tiM4sVu t' to t o-rs qua Otary PUb11C
My C
�t arurwpir�h ..M.w.... Jttllv.. 06n
2016
" Printed Name of Notary Public
[SEAL]
My Commission Expires:
ASSIGNEE
DB DENTON II LLC,
a Delaware limited liability company
By: DB Denton Holdings LLC,
a Delaware limited liability company
Its: Sole Member
By: RED Rayzor Ranch, LLC,
a Delaware limited liability company
Page 5
Its: Managing Member
By:.. 'c("), �� ,
„�
Michael Ebert
Its: Manager
s:\Iegal\our documents\contracts\15\third amendment to red agreement.doex
ACKNOWLEDGMENT
STATE OF ITf §
COUNTY Of'� "�s
This instrument was ACKNOWLEDGED before me on ............. by
Michael Ebert, the manager of RED Rayzor Ranch, LLC, a Dehiware limited at)ility company,
the managing member of DB Denton Holdings LLC, a Delaware limited liability company, the
sole member of DB Denton 11 LLC, a Delaware limited liability company, on behalf of such limited
liability company.
MONA ZAPUSTA-S"
N Otd Fy P Ll b 110, Ste tr a f At izorl 13
Nplaricopa, County
o 10 y Conimi,,,sion Expires
'Y February 03, 2017
1, "A"N "I'll,",
[SEAL]
My Commission Expires:
STATE OF TEXAS
COUNTY OF DENTON
--s-, ��..... ...... . — - - - - — - — -------- - ------ -
Notary Public
. ...... . . ...... . . . ............... . ----------
24
Printed Name of Notary Public
CITY O'FQFNTON,
C. Campbell, City Man
ACKNOWLEDGMENT
This instrument was ACKNOWLEDGED before me on-Amlb-4—o "y
George C. Campbell, the City Manager of the City of Denton, , l"exas, on behalf of the City of
Denton, Texas.
[SEAL]
My Commission Expires:
Page 6
Pu9N k,
JENNPIR K, WALTERS
Nbtawy PuIbNc, Skite of Tex
My Convird<6 on Expl es
D(Pcernlber w9, 2016
[SEAL]
My Commission Expires:
Page 6
METES AND BOUNDS DESCRIPTION
Convention Center Tract
BEING a 11.951 acre tract situated in the B. B. B & C. R. R. Survey, Abstract Number 192, Denton
County, Texas, being a portion of the tract of land described as Tract One in the deed to Allegiance
Hillview, L.P. recorded in Document Number 2006 - 41743, Deed Records of Denton County, Texas and a
portion of the tract of land described in the deed to DB Denton II, LLC recorded in Document Number
2010 - 74478, Deed Records of Denton County, Texas said 11.951 acre tract of land being more particularly
described as follows:
COMMENCING at a point in the easterly right —of —way line of Interstate Highway 35 (a variable width
right —of —way) for the southwesterly corner of the tract of land described in the deed to DB Denton II, LLC
recorded in Document Number 2010 - 74478, Deed Records of Denton County, Texas;
THENCE with the southerly line of said DB Denton II, LLC tract the following:
North 73° 36' 21 " East a distance of 121.73 feet to a point;
South 17° 16' 37" East a distance of 15.00 feet to a point;
North 73° 36' 21 " East a distance of 99.88 feet to the point of curvature of a curve to the right
having a radius of 485.00 feet;
Northeasterly along said curve through a central angle of 12' 18' 37" an arc distance of 104.21 feet
with a chord bearing of North 79° 45' 39" East and a chord distance of 104.00 feet to the POINT OF
BEGINNING;
THENCE departing the southerly line of said DB Denton II, LLC tract North 16° 23' 26" West a distance of
217.87 feet to a point;
THENCE North 73° 13' 43" East a distance of 364.79 feet to a point;
THENCE North 00° 56' 56" East a distance of 69.07 feet to a point;
THENCE South 89° 03' 00" East a distance of 384.45 feet to the beginning of a non — tangent curve to
the right having a radius of 38.25 feet;
THENCE Southeasterly along said curve through a central angle of 90' 00' 04" an arc distance of 60.08
feet with a chord bearing of South 44° 03' 05" East and a chord distance of 54.09 feet to the end of
said curve;
THENCE South 00' 56' 58" West at a distance of 362.89 feet passing the southerly line of said DB Denton
Il, LLC tract in all a total distance of 688.23 feet to a point;
THENCE South 73° 33' 31 " West a distance of 572.34 feet to a point;
THENCE North 16° 23' 26" West a distance of 533.72 feet to the POINT OF BEGINNING;
CONTAINING a computed area of 11.951 acres (520,592 square feet) of land.
EXHIBIT 'A'
B000056.004
A drawing of even date accompanies
this metes and bounds description.
OCTOBER 28, 2015
�T
550 Salley Avenue • Suite 400 • Fort Worth. Texas 76107
Tel: 817.335.1121 • Fmr 817.335.7437
FIRM REGISTRATION 10098100
CONVENTION CENTER TRACT
B.B.B. & C.R.R. SURVEY
ABSTRACT NO. 192
CITY OF DENTON
DENTON COUNTY, TEXAS
Curve Table
Curve Central Arc I Chord Bearing
Number Angle � Radius Length and D istance
C1 12* 18-37" 485.00' 104.21' "[N79'45'39"E 104.00'
-ON
° ; B DENI 11, _:LC
(',f)('UMENT NUMBER
FIAYZOR
-r'PWN1 CENTER
00CUI&O !AUMOER
0,
�*90'00'04"
R-38.25° L=60.08-
CH=S44'03'05"E54.09'
S89*03'OWE
384,45'
N00*006"C'
DB DEN TON 11, LLC
DOCUMMT NUMBER
_,jt1()_ 744M
RAYZOR RANCH
N73* 6'21-E, , (00 TOWN CEN]ER
�W' POINT OF DOCUMENT NLJMB
121,13'
EF,
—a I If I V 111 F.
15.00'
2015-18.1
11.951 ACRES
P2I N T OF
(520,592 SQUARE FEET)
\
'COMMENCING
ALLEGIANCE HILLVlEW, I—P.
TRACT ONE
DOCUMENT NU,,44'ER
8000056.004
A metes and bounds description of even
date accompanies this drawing.
OCTOBER 28, 2015
550 Bailey Avenue ® Suite 400 ® Fort Worth, rexas 76107
Teo: 817.335.1 21 Fax: 817,335,7437
FIRM REG�STRATIOON 10098100
EXHIBIT 'A'
I
LOT 9, BLOCK A
RAYZOR RANCH
TOWN CENTER
DOCUMENT NUMBER
2015-180
ALLEGIANCE HILLVIEW, L.P.
TRACT ONE
DOCUMENT NUMBER
2006-41743
BLOCK 1
RAYZOR RANCH SOUTH
CABINEY Y, SLIDE 470
CONVENTION CENTER TRACT
B.B.B. & C.R.R. SURVEY
ABSTRACT NO. 192
CITY OF DENTON
DENTON COUNTY, TEXAS
METES AND BOUNDS DESCRIPTION
Convention Center — DB Denton II, LLC Tract
BEING a 6.159 acre tract situated in the B. B. B & C. R. R. Survey, Abstract Number 192, Denton County,
Texas, being a portion of the tract of land described in the deed to DB Denton II, LLC recorded in
Document Number 2010 - 74478, Deed Records of Denton County, Texas, also being situated in Lot 10,
Block A, Rayzor Ranch Town Center, an addition to the City of Denton according to the plat recorded in
Document Number 2015 -180, Plat Records of Denton County, Texas, said 6.159 acre tract of land being
more particularly described as follows:
COMMENCING at a point in the easterly right —of —way line of Interstate Highway 35 (a variable width
right —of —way) for the southwesterly corner of said DB Denton II, LLC tract;
THENCE with the southerly line of said DB Denton II, LLC tract the following:
North 73' 36' 21" East a distance of 121.73 feet to a point;
9oUth 17' 16' 37" East d dlstdhce of 15.00 feet to a point;
North 73' 36' 21" toot a distance of 99.88 feet to the poiht of curvature of a curve to the right
having d radlue of 465.00 feet;
Northeasterly along said curve through a central angle of 12' 18' 37" an arc distance of 104.21 feet
with a chord bearing of North y9' 45' 39" [ ast and b chord distance of 104.00 feet to the POINT Or
BEGINNING;
THENCE departing the southerly line of said DB Denton ll, LLC tract North 16' 23' 26" West a distance of
217.87 feet to a point;
THENCE North 73' 13' 43" East a distance of 364.79 feet to a point;
THENCE North 00' 56' 56" East a distance of 69.07 feet to a point;
THENCE South 89' 03' 00" East a distance of 384.45 feet to the beginning of a non — tangent curve to
the right having a radius of 38.25 feet;
THENCE Southeasterly along said curve through a central angle of 90' 00' 04" an arc distance of 60.08
feet with a chord bearing of South 44' 03' 05" East and a chord distance of 54.09 feet to the end of
said curve;
THENCE South 00' 56' 58" West a distance of 362.89 feet to a point in the southerly line of said DB
Denton II LLC tract;
THENCE with the southerly line of said DB Denton II LLC tract the following:
South 77' 47' 38" West a distance of 36.00 feet to the point of curvature of a curve to the right
having a radius of 1,015.00 feet;
continued next page...
EXHIBIT 'A'
8000056.004
A drawing of even date accompanies
this metes and bounds description.
OCTOBER 28, 2015
550 Bailey Avenue • Sidle 400 • Fort Worth, Texas 76107
Tel:017.335.1121 • Fax:817M5.7437
FIRM REGISTRATION 10098100
PAGE 3OF7
CONVENTION CENTER -
DB DENTON II, LLC TRACT
B.B.B. & C.R.R. SURVEY
ABSTRACT NO. 192
CITY OF DENTON
DENTON COUNTY, TEXAS
Northwesterly along said curve through a central angle of 241 32' 43" an arc distance of 434.82 feet
with a chord bearing of North 89° 56' 00" West and a chord distance of 431.51 feet to the point of
tangency of said curve;
North 77° 39' 38" West a distance of 102.42 feet to the point of curvature of a curve to the left
having a radius of 485.00 feet;
Northwesterly along said curve through a central angle of 16° 25' 24" an arc distance of 139.02 feet
with a chord bearing of North 85° 52' 20" West and a chord distance of 138.55 feet to the POINT OF
BEGINNING;
CONTAINING a computed area of 6.159 acres (268,287 square feet) of land.
EXHIBIT 'A'
6000056.004
A drawing of even date accompanies
this metes and bounds description.
a �
1 ' VIII.
550 Balley Avenue • Suft 400 • Fort Worth, Texas 76107
Tel: 817.335.1121 • Fax: 817.335.7437
FIRM REGISTRATION 10098100
PAGE 4 OF 7
CONVENTION CENTER —
DB DENTON II, LLC TRACT
B.B.B. & C.R.R. SURVEY
ABSTRACT NO. 192
CITY OF DENTON
DENTON COUNTY, TEXAS
A metes and bounds description of even
Curve Table
| �
date accompanies this drawing.
Curve
.
/
Central Arc Chord Bearing � .
CONVENTION CENTER
Number
Rod'
Angle 'us Length and Distance
DBDENTONU,LLCTRACT
)` |
B.B.B. &[.R.R.SURVEY
ABSTRACT NO. lyZ
~~
55m Bailey Avenue ^Sux 40m` Fort Worth, Texas 76107
CITY OFDENTON
Tel: an335»u/^e�:un��mu/
DENTON[OUNT�TEXAS
nmMxeGme��w/o09o/on
U
�
201 9� 74,4178 CH=S44'03'05"E 04.09"
RAYZOR RANCH
k
TOWN CENTER
DOCUMENT NUMBER
Y11
2010'— 744'78
RAYZOP RANCH
N1 6*23'26"W TOWN CENTER
217.87' DOClJMf,N1'r
N73*36'21 "E
S1 7-16'37t (268,287 SQUARE FEET)
5. 001
N77*39'38"W 102.42'
CH=N8552'20"W 13&55'
OINT OF —R-1011500' L=434.82'
:�A
CH-N89'56'0W'W
431.51'
COMMENCING
TRACT ONE RAYZOR RANCH
SOUTH
11�
20064174,3
Im
U)
SCALE FEET
6000056.004
PAGE 5 OF 7
A metes and bounds description of even
date accompanies this drawing.
CONVENTION CENTER
DBDENTONU,LLCTRACT
°�'"""`
B.B.B. &[.R.R.SURVEY
ABSTRACT NO. lyZ
~~
55m Bailey Avenue ^Sux 40m` Fort Worth, Texas 76107
CITY OFDENTON
Tel: an335»u/^e�:un��mu/
DENTON[OUNT�TEXAS
nmMxeGme��w/o09o/on
U
�
METES AND BOUNDS DESCRIPTION
Convention Center — Allegiance Hillview Tract
BEING a 5.792 acre tract situated in the B. B. B & C. R. R. Survey, Abstract Number 192, Denton County,
Texas, being a portion of the tract of land described as Tract One in the deed to Allegiance Hillview, L.P.
recorded in Document Number 2006 - 41743, Deed Records of Denton County, Texas, said 5.792 acre tract
of land being more particularly described as follows:
COMMENCING at a point in the easterly right —of —way line of Interstate Highway 35 (a variable width
right —of —way) for the southwesterly corner of the tract of land described in the deed to DB Denton II, LLC
recorded in Document Number 2010 - 74478, Deed Records of Denton County, Texas;
THENCE with the southerly line of said DB Denton Il, LLC tract the following:
North 73' 36' 21 " East a distance of 121.73 feet to a point;
South 17' 16' 37" East a distance of 15.00 feet to a point;
North 73' 36' 21 " East a distance of 99.88 feet to the point of curvature of a curve to the right
having a radius of 485.00 feet;
Northeasterly along said curve through a central angle of 12' 18' 37" an arc distance of 104.21 feet
with a chord bearing of North 79' 45' 39" East and a chord distance of 104.00 feet to the POINT OF
BEGINNING;
Southeasterly continuing along said curve through a central angle of 16' 25' 24" an arc distance of
139.02 feet with a chord bearing of South 85' 52' 20" East and a chord distance of 138.55 feet to
the point of tangency of said curve;
South 77' 39' 38" East a distance of 102.42 feet to the point of curvature of a curve to the left
having a radius of 1,015.00 feet;
Southeasterly along said curve through a central angle of 24' 32' 43" an arc distance of 434.82 feet
with a chord bearing of South 89' 56' 00" East and a chord distance of 431.51 feet to the point of
tangency of said curve;
North 77' 47' 38" East a distance of 36.00 feet to a point;
THENCE departing the southerly line of said DB Denton II, LLC tract South 001 56' 58" West a distance of
325.33 feet to a point;
THENCE South 73' 33' 31" West a distance of 572.34 feet to a point;
THENCE North 16' 23' 26" West a distance of 533.72 feet to the POINT OF BEGINNING;
CONTAINING a computed area of 5.792 acres (252,305 square feet) of land.
8000056.004
A drawing of even date accompanies
this metes and bounds description.
OCTOBER 28, 2015
550 Balley Avenue • Si 400 • Fort Worth, Texas 76107
Tel: 817.335.1121 • Fax:917.335.7437
FIRM REGISTRATION 10098100
EXHIBIT 'A'
PAGE 6 OF 7
CONVENTION CENTER -
ALLEGIANCE HILLVIEW TRACT
B.B.B. & C.R.R. SURVEY
ABSTRACT NO. 192
CITY OF DENTON
DENTON COUNTY, TEXAS
Curve Table
Curve Central Arc Chord Bearing
A n h- Radius
urn e,
| � |
' � |
C
CH=S8552'20"E 138,55'
S7 CH-S8956'0O"E 431,5T
P INT OF 5.792 ACRES
\C� (252,305 S,)UARE F`FET)
e000056.004
A metes and bounds description ofeven
date accompanies this drawing.
OCTOBER 28, 2015
55m Bailey Avenue ^uuiIewm° Fort worih, Texas 7*107
ral:a/ruua1/u1^FOx:an.3aa74or
FIRM REGIS IRATION I G0981 00
TRACT ONE
^ .
^
��ATATT��
��~. .��^�. ,.
LOT 9, BLOCK A
RAYZOR RANCH
TOWN CENTER
DOCUMENT NUMBER
2U15-1BO
-'
ALLEGIANCE /|LLV[W. L.P.
TRACT ONE
DOCUMENT NUMBER
2000-4174�
BLOCK 1 '
RAYZ0R RANCH SOUTH
CAB|N[Y Y. SLIDE 470
CONVENTION CENTER '
ALLEG IAN CE H|LUV|EVVTRACT
B.B.B. & C.R.R. SURVEY
ABSTRACT NO. l92
CITY OFDENTON
DENTON COUNTY, TEXAS