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2005-325 ORDINANCE NO. 2005- .52 S- AN ORDINANCE AUTHORIZING THE CITY MANAGER TO EXECUTE A WATER MAIN COST PARTICIPATION AGREEMENT BETWEEN THE CITY OF DENTON, TEXAS AND SFT INDUSTRIAL, L.P. FOR THE CITY'S PARTICIPATION IN THE OVERSIZING OF WATER MAINS AND IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF THIS ORDINANCE; AUTHORIZING THE EXPENDITURE OF FUNDS THEREFOR; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City desires to participate in the cost of oversizing water mains to be designed, installed, and constructed by SFT Industrial, L.P. in an amount not to exceed Forty -two thousand nine hundred ninety six dollars and eighteen cents ($42,996.18), in accordance with the applicable provisions of the City of Denton Development Code, 935.21.9.1 and 35.21.9.2; NOW, THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS: SECTION 1. That the City Manager is authorized to execute a Water Main Cost Participation Agreement Between the City of Denton, Texas and SFT Industrial, L.P. for the oversizing of approximately 1,287 linear feet of twelve ("12") inch water main to a sixteen ("16") inch water main; substantially in the form of the attached Agreement, which is incorporated herewith and made a part of this ordinance for all purposes; subject to SFT Industrial, L.P. entering into a Development Contract with the City of Denton, in accordance with the Denton Development Code, 935.16.20.2. SECTION 2. That the City Manager is hereby authorized to make the expenditures as set forth in the attached Agreement. SECTION 3. That this ordinance shall become effective immediately upon its passage and approval. d PASSED AND APPROVED this the j- dayof tM-mti.et/ ,2005. c~h~ EULINE BROCK, MAYOR ATTEST: JENNIFER WALTERS, CITY SECRETARY BY~~~Uu~ > APPROVED AS TO LEGAL FORM: EDWIN M. SNYDER, CITY ATTORNEY ~JlQ By: S:\OUf Documents\Ordinances\05\Water Main Cost Participation-SFT Industries-Ord.2005.doc 2 THE STATE OF TEXAS S S COUNTY OF DENTON S WATER MAIN COST PARTICIPATION AGREEMENT BETWEEN THE CITY OF DENTON, TEXAS AND SFT INDUSTRIAL, L.P. WHEREAS, SFT Industrial, L.P., hereinafter referred to as the "Developer", whose business address is 5800 Granite Parkway, Suite 750, PIano, Texas 75024, wishes to develop and improve certain real property named the "Granite Point, Phase I" (as shown in Exhibit I, attached hereto and incorporated herein by reference), located in the City of Denton, Texas or its extraterritorial jurisdiction; and is required to provide such real property with adequate collection capacity by designing, constructing and installing a water line of an inside diameter oftwelve inches (12"), hereinafter referred to as the "Required Facilities"; and WHEREAS, the City of Denton, Texas, a Municipal Corporation with its offices located at 215 East McKinney, Denton, Texas 76201, hereafter referred to as the "City:' in accordance with its ordinances, wishes to participate in the cost of the construction and installation of said water main to provide for an "oversized" water main to expand its utility system and insure adequate utility service to other customers; NOW, THEREFORE, in consideration of the mutual promises and covenants contained herein the Developer and the City do hereby AGREE as follows: 1. Developer shall design, install, and construct, approximately 1,287 linear feet of sixteen inch (16") water distribution line, and all necessary appurtenances thereto, hereafter referred to as the "Oversized Facilities" as shown on Exhibit I, attached hereto and incorporated herein by reference. 2. As required by Chapter 34 of the Code of Ordinances of City of Denton, Texas, Developer will enter into a Development Contract prior to beginning of construction of the Oversized Facilities. This Development Contract is attached hereto as Exhibit II and incorporated herewith by reference. This Agreement is subject to and governed by said Development Contract and any other applicable ordinances ofthe City of Denton, Texas. 3. Prior to beginning of construction of the Oversized Facilities, Developer shall obtain, at Developer's sole cost and expense, all necessary permits, licenses and easements. The easements, deeds, and plats therefor obtained by Developer shall be reviewed and approved as to form and substance by City prior to the beginning of construction. If Developer is unable to acquire needed easements, Developer shall provide City with any requested documentation of efforts to obtain such easements, including evidence of negotiations and reasonable offers made to the affected property owners. Any easements for the Oversized Facilities obtained by the Developer shall be assigned to City, if not taken in City's name, prior to acceptance ofthe Oversized Facilities, and Developer warrants clear title to such easements and will defend City against any adverse claim made against such title. 4. City's share in the cost of the Oversized Facilities is based upon the difference in the cost of installing Required Facilities, as determined by City, and the cost of the Oversized Facilities, as determined by City, shall be in an amount not to exceed Forty-two thousand nine hundred and ninety six dollars and eighteen cents ($42,996.18), the maximum participation cost allowed herein. The City shall not, in any case, be liable for any additional cost because of delays in beginning, continuing, or completing construction; changes in the price or cost of materials, supplies, or labor; unforeseen or unanticipated cost because of topography, soil, subsurface, or other site conditions; differences in the calculated and actual per linear feet of pipe or materials needed for the Oversized Facilities; Developer's decision as to the contractors or subcontractors used to perform the work; or any other reason or cause, specified or unspecified, relating to the construction of the Oversized Facilities. 5. The City will make monthly payments for its share of the Oversized Facilities. The Developer shall submit monthly pay requests on forms provided by the City. The Developer's engineer shall verifY that each pay request is correct. Each pay request, along with the engineer's verification, shall be submitted to the Engineering & Transportation Department of the City. The City will retain ten percent (10%) of the total dollar amount until the project is accepted. Payment by the City to the Developer will be made within thirty (30) days of receipt of the pay estimate and the engineer's verification. 6. To determine the actual cost of the Oversized Facilities, City shall have the right to inspect any and all records of Developer, his agents, employees, contractors or subcontractors, and shall have the right to require Developer to submit any necessary information, documents, invoices, receipts or other records to verifY the actual cost of the Oversized Facilities. 7, All notices, payments or communications to be given or made pursuant to this Agreement by the parties hereto, shall be sent to Developer at the business address given above and to the Assistant City Manager for Utilities for City at the address given above. 8. Developer shall indemnifY and hold City harmless from any and all claims, damages, loss or liability of any kind whatsoever, by reason of injury to property or person occasioned by any act or omission, neglect or wrongdoing of Developer, its officers, agents, employees, invitees, contractors or other persons with regard to the performance of this Agreement; and Developer shall, at its own cost and expense, defend and protect City against any and all such claims and demands. 9. If Developer does not begin substantial construction of the Oversized Facilities within twelve (12) months of the date of execution of this Agreement, this Agreement shall terminate. 10. This instrument embodies the entire agreement of the parties hereto and there are no promises, terms, conditions or obligations other than those contained or incorporated herein. This Agreement shall supersede all previous communications, representations or agreements, whether verbal or written, between the parties hereto with respect to the subject matter of this Agreement. 2 II. This Agreement shall not be assigned by Developer without the express written consent ofthe City. 12. Any and all suits for any breach of this Agreement, or any other suit pertaining to or arising out of this Agreement, shall be brought in a court of competent jurisdiction in Denton County, Texas. This Agreement shall be governed by and construed in accordance with the laws of the State of Texas. EXECUTED in duplicate original counterparts ~ the duly-au officers of the City and the Developer, on this the I ~ day of 2005. CITY OF DENTON, TEXAS A Texas Municipal Corporation By: ATTEST: JENNIFER WALTERS, CITY SECRETARY B~I1-l~ ~A- APPR ED AS 0 LEGAL FORM: EDWIN M. SNYDER, CITY ATTORNEY By ;YfijfJ~ "DEVELOPER" SFT INDUST A Limited Pa .P. By: Da id . Cu ingham Director, Development & Construction ATTEST: TRA YCE LUTTRELL-FARRIS DEVELOPMENT ASSIS NT By. Zlf S:\Our Documents\Contracts\05\Water Main Participation Agreement-SFT Industrial-l005.doc 3 Granite Point Phase I Oversize Waterline Extension 2002 0 2006 2008 2200 2200 2929 2300 2400 o 2500 o 1701 1601 1824 o I I I Feet 125 250 500 .-CI..7=-Y-CJ.t;pENTON, W ATE R tJ"T+'=FfY e EXHIBIT I