CHANGE IN NEIGHBORHOOD. A substantial or radical change in the character of the neighborhood surrounding the Property will not extinguish the restrictive covenants of this Agreement. The restrictive covenants shall survive any and all changed circumstances, including (but not limited to) the following: housing-pattern changes, zoning amendments, the issuance of variances affecting the immediate or surrounding area of the Property, increased traffic or road conditions around the Property, enhancement of the value of the land or Property, growing industrial activity near the Property, encroachment of business areas near the Property, development of natural resources near the Property, financial downturn of the Developer, or commercialization of the neighborhood in question.
CHANGE IN NEIGHBORHOOD. A substantial or radical change in the character of the neighborhood surrounding the Property will not extinguish the restrictive covenants of this Agreement. The restrictive covenants shall survive any and all changed circumstances, including but not limited to the following: housing pattern changes; zoning amendments; the issuance of variances affecting the immediate or surrounding area; increased traffic or road conditions; enhancement of the value of the Land or Property; growing industrial activity; encroachment of business areas; development of natural resources; financial downturn of the Owner; or commercialization of the neighborhood in question. EXECUTED to be effective on the date first written above. OWNER: WEBB COUNTY, TEXAS, a political subdivision of the State of Texas By: Name: Xxxx Xxxxxxxx Title: County Judge THE STATE OF TEXAS § § COUNTY OF XXXX § This instrument was acknowledged before me on this day of , 2024, by Xxxx Xxxxxxxx, Judge of WEBB COUNTY, TEXAS, a political subdivision of the State of Texas, on behalf of said political subdivision. (Seal) Notary Public, State of Texas DEPARTMENT: TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS, a public and official agency of the State of Texas By: Name: Xxxxxx Xxxxxx Title: Duly authorized officer or representative THE STATE OF TEXAS § § COUNTY OF XXXXXX § BEFORE ME, the undersigned, a Notary Public in and for the State of Texas, on this day personally appeared Xxxxxx Xxxxxx, Deputy Executive Director of Programs, duly authorized officer or representative of the TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS, a public and official agency of the State of Texas, on behalf of such agency. GIVEN UNDER MY HAND AND SEAL OF OFFICE this day of , 2024 (Seal) Notary Public, State of Texas PREPARED BY: AFTER RECORDING RETURN TO: Texas Department of Housing Texas Department of Housing and Community Affairs and Community Affairs Legal Services P.O. Box 13941 000 X. 00xx Xxxxxx CDBG CARES Austin, Texas 78701 Austin, Texas 78711-3941 TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS FY2020 COMMUNITY DEVELOPMENT BLOCK GRANT Coronavirus Aid, Relief, and Economic Security Act Community Resiliency Program EXHIBIT “A” LAND
