Purpose; Consideration. (a) The Developer owns that certain 2.764 acre tract located in Xxxxxxxxxx County, Texas, being more particularly described in Exhibit A attached hereto and incorporated herein for all purposes (the “Property”) and wishes to develop the Property for 19 Unit Condominium Regime (the “Development”). The Developer desires that the City be able to enforce the development standards set forth herein through its building permit, inspection, and certificate of occupancy processes by this agreement, given that House Xxxx 2439 adopted in the 86th Legislative Session limits the ability of cities to enforce certain development standards governing building materials by ordinance.
(b) The Developer will benefit from the City enforcing the Development Standards as set forth herein because it will be more efficient and cost-effective for compliance to be monitored and enforced through the City’s building permit and inspection processes and will help ensure that the Development is built out as planned by the Developer after conveyance to the builder of homes or other buildings and structures authorized by the applicable zoning regulations. The City will benefit from this Agreement by having assurance regarding certain development standards for the Development, having certainty that such Development Standards may be enforced by the City, and preservation of property values within the City.
(c) The benefits to the Parties set forth in this Article 1, plus the mutual promises expressed herein, are good and valuable consideration for this Agreement, the sufficiency of which is hereby acknowledged by both Parties.
Purpose; Consideration. 1.1 Seller hereby sells to Buyer the right to improve, cut and remove approximately 30 acres of Bahia sod located on The Property. Seller will indicate the location of such acres within the Property.
1.2 Buyer agrees to purchase Bahia sod at a price of $16.00 per pallet of sod harvested from Seller's Property (the "Price"). Seller will not impose a fixed number of pallets per day, week, or month.
1.3 Buyer agrees to apply new seed to all areas where sod was removed. The Price includes the application of new seed and all labor and supplies involved.
1.4 Harvesting cycle is from Sunday to Saturday and with statement sent on the following Monday. Landowner payment is net 14 days from statement date.
Purpose; Consideration. (a) The City and XX Xxxxxx Real Estate, LLC, as successor in interest to Crystal Falls Ortho, PLC (the “Original Developer”) previously entered into that certain Development Agreement for the Xxxxxxx Professional Plaza dated effective as of May 19, 2016 and that certain 1st Addendum to the Xxxxxxx Professional Plaza dated effective as of September 3, 2020 (collectively, the “Agreement”) under which the City and the Original Developer agreed to certain terms relating to the development of the Property, as the term is therein defined in the Agreement, located in Xxxxxxxxxx County, Texas.
(b) The Developer now owns all the Property and the Original Developer assigned all its rights under the Agreement to Developer in that certain Assignment of Xxxxxxx Professional Plaza Development Agreement dated effective , 20 Agreement”). (the “Assignment
(c) The Developer now desires to amend the short form final plat to include the extension of the Yaupon Grove roadway, address responsibility of engineering and construction costs for Yaupon Grove, address on-street parking on the roadway, and to establish Developer’s obligations related to dedication of right-of-way for Yaupon Grove.
(d) The City is agreeable to addressing the Developer’s obligations related to Yaupon Grove right-of-way dedication and improvements, providing for the engineering and construction costs of the roadway improvements as provided herein, and to allowing on-street parking on Yaupon Grove under the terms and conditions set forth in this Second Addendum to promote development of the Project, as the term is therein defined in the Agreement. The Parties agree that these obligations were generated with the creation of the Crystal Springs Subdivision.
(e) The Developer will benefit from this Second Addendum by establishing the Developer’s obligations related to Yaupon Grove right-of-way dedication and addressing the on-street parking on Yaupon Grove as provided herein. This Second Addendum will benefit the City by facilitating the dedication an improvement of the extension of Yaupon Grove and by facilitating the development of the Project to encourage the location of businesses within the City.
(f) The Parties enter into this Second Addendum for the purposes stated above. The benefits to the Parties set forth in this Section 1, plus the mutual promises expressed herein, are good and valuable consideration for this Second Addendum, the sufficiency of which is hereby acknowledged by both Parties.
Purpose; Consideration. (a) The Developers collectively own an approximately 134.529 acre tract of land located in Xxxxxx County, Texas, being more particularly described in Exhibit A attached hereto and incorporated herein for all purposes (the “Property”) with Enfield owning 12.791 acres (the “Enfield Property”) and Monarch owning 123.551 acres (the “Monarch Property”). The Enfield Property and the Monarch Property are sometimes collectively referred to as the “Property”). Monarch plans to develop the Monarch Property as a single family residential subdivision (the “Residential Development”), and Enfield plans to develop the Enfield Property as a commercial development (the “Commercial Development”), collectively referred to as the “Monarch Ranch Development” or “Development”. The Developers and the City want to provide that the City is able to enforce the development standards for the Development as they are described in this Agreement through its building permit, inspection, and certificate of occupancy processes, given that Texas Government Code Section 3000.002 et seq, limits the ability of cities to enforce certain development standards governing building materials by ordinance. In addition, the Developers and the City want to provide for the City to allow for the concurrent review of the plats and plans submitted by Developers for the Development. The City and Monarch Developer also want to provide for the design and construction of regional wastewater services and possible oversizing of those wastewater services for use by the Property and other development actions by both Parties.
(b) The Developers will benefit from a concurrent review of the plats and plans for the Development; and the City enforcing the Development Standards as set forth herein because it will be more efficient and cost-effective for compliance to be monitored and enforced through the City’s building permit and inspection processes and will help ensure that the Development is built out as planned by the Developers after conveyance to the builder of homes or other buildings and structures authorized by the applicable zoning regulations. The City will benefit from this Agreement by having assurance regarding certain development standards for the Development, having certainty that such Development Standards may be enforced by the City, and preservation of property values within the City.
(c) The benefits to the Parties set forth in this Section 1, plus the mutual promises expressed herein, are good and ...
Purpose; Consideration. (a) TVI owns that certain 15.96 acre tract located in Xxxxxxxxxx County, Texas, being more particularly described in Exhibit A attached hereto and incorporated herein for all purposes (the “Property”) and is under contract to sell 13.96 acres of the Property to WPWA. TVI will retain the remaining 2 acres of the Property to be developed for commercial purposes. The Property is proposed to be developed for multi—family and commercial uses pursuant to Ordinance No. (the “Development”). The Developer desires that the City be able to enforce the development standards set forth herein through its building permit, inspection, and certificate of occupancy processes by this agreement, given that House Xxxx 2439 adopted in the 86th Legislative Session limits the ability of cities to enforce certain development standards governing building materials by ordinance.
(b) The Developer will benefit from the City enforcing the Development Standards as set forth herein because it will be more efficient and cost-effective for compliance to be monitored and enforced through the City’s building permit and inspection processes and will help ensure that the Development is built out as planned by the Developer after conveyance to the builder of homes or other buildings and structures authorized by the applicable zoning regulations. The City will benefit from this Agreement by having assurance regarding certain development standards for the Development, having certainty that such Development Standards may be enforced by the City, and preservation of property values within the City.
(c) The benefits to the Parties set forth in this Article 1, plus the mutual promises expressed herein, are good and valuable consideration for this Agreement, the sufficiency of which is hereby acknowledged by both Parties.
Purpose; Consideration. (a) The Developer owns that certain 21.41 acre tract located in Xxxxxxxxxx County, Texas, being more particularly described in Exhibit A attached hereto and incorporated herein for all purposes (the “Property”) and wishes to develop the Property for Commercial Development. The Developer desires to use the short form final platting process to cause the Property to be legally platted, to address the extension of offsite water and wastewater infrastructure to provide service to the Property, and to establish the Developer’s obligations related to the design, construction, and dedication of a commercial street.
(b) The City is agreeable to allowing the Property to be subdivided using the short form final platting process under the terms and conditions set forth in this Agreement to promote development of the Project.
(c) The Developer will benefit from shortening the platting process by using the short form final platting process. This Agreement will benefit the City by facilitating the development of the Project for Commercial Development to encourage the location of businesses within the City.
(d) The benefits to the Parties set forth in this Article 1, plus the mutual promises expressed herein, are good and valuable consideration for this Agreement, the sufficiency of which is hereby acknowledged by both Parties.
Purpose; Consideration. (a) The Developer owns that certain 3.051 acre tract located in Xxxxxxxxxx County, Texas, being more particularly described in Exhibit “A” attached hereto and incorporated herein for all purposes (the “Property”) and wishes to convert an existing residential structure into a commercial building on the Property (the “Project”), initially conceptualized as “The D&W Paint Development”. The Developer desires to use the short form final platting process to cause the Property to be legally platted, and to address the fiscal surety required with the extension of the Phase 2 waterline from CR 269 to the eastern edge of the Property in accordance with the City’s Subdivision Ordinance, as defined herein.
(b) The City is agreeable to addressing the Developer’s obligations related to the posting of fiscal surety associated with the extension of the Phase 2 waterline from CR 269 to the eastern edge of the Property; and to allowing the Property to be platted using the short form final platting process under the terms and conditions set forth in this Agreement to promote development of the Project.
(c) The Developer will benefit from simplifying the platting process, establishing the Developer’s obligations related to the posting of fiscal surety associated with the extension of the Phase 2 waterline from CR 269 to the eastern edge of the Property. This Agreement will benefit the City by facilitating the posting of fiscal surety associated with the extension of the Phase 2 waterline from CR 269 to the eastern edge of the Property and by facilitating the development of the Project for commercial office uses to encourage the location of such businesses within the City.
(d) The benefits to the Parties set forth in this Section 1., plus the mutual promises expressed herein, are good and valuable consideration for this Agreement, the sufficiency of which is hereby acknowledged by both Parties.
Purpose; Consideration. (a) The Developer owns that certain 8.804-acre tract located in Travis County, Texas, being more particularly described in Exhibit A attached hereto and incorporated herein for all purposes (the “Property”) and wishes to develop the Property for MiniMax #11 (the “Development”). The Developer desires that the City allow for the placement and installation of a Travel Center Sign more particularly described in Exhibit B attached hereto and incorporated herein for all purposes (the “Electronic Sign”) on the Property in accordance with the development standards set forth herein regarding the Electronic Sign and for the City to be able to enforce the development standards set forth herein through its sign permit and inspection processes by this Agreement.
(b) The Developer will benefit from the placement and installation of the Electronic Sign for the Development; and the City enforcing the development standards as set forth herein. The City will benefit from this Agreement by having assurance regarding certain development standards for the Electronic Sign being placed and installed as part of the Development, having certainty that such development standards may be enforced by the City, and preservation of property values within the City.
(c) The benefits to the Parties set forth in this Section 1, plus the mutual promises expressed herein, are good and valuable consideration for this Agreement, the sufficiency of which is hereby acknowledged by both Parties.
Purpose; Consideration. (a) This Agreement establishes the standards, guidance, and procedures to develop leasehold improvements at Gillespie County Airport. This Development Agreement covers the time period between the acceptance and approval of a Developer’s “Letter of Intent” until the official Lease Agreement is signed between both parties. At that point, this Agreement shall be automatically rescinded and shall not be of any further force or effect. This Development Agreement does not authorize the Developer to modify, change or disturb the assigned Land without the Sponsor’s or its representative’s approval. Furthermore, this Development Agreement does not give the Developer authorization to begin construction. The official Lease Agreement, once fully executed, shall control.
(b) The Sponsor owns and operates the airport in accordance with the Federal Aeronautical Administration rules and grant assurances. In addition, the Sponsor has created Minimum Operating Standards and Rules and Regulations that cover the development of land at the airport. Both of these documents can be found on the airport website or if requested, provided by the Sponsor in printed form.
(c) The Developer agrees to follow the airport development process in accordance with the Minimum Operating Standards. In addition, since the airport falls within the City of Fredericksburg, the Developers must comply with the City’s rules, regulations and procedures on preconstruction plan development.
(d) This Development Agreement is meant to protect the Developer and the Sponsor during the Airport Development Process until a Lease Agreement is signed. It not meant to hold land for future development. If it is determined to be the case, the Sponsor will terminate the agreement in accordance with Section 2, paragraph (b).
Purpose; Consideration. Subsection 1. (a) is hereby deleted in its entirety and replaced with the following:
(a) Wolf owns that certain 50.431 acre tract of land located in Xxxxxx County, Texas, being more particularly described in Exhibit A attached hereto and incorporated herein for all purposes (the “Property”). Wolf owns and Continental has contracted to purchase from Wolf that certain 42.933 acre tract out of the Property located in Xxxxxx County, Texas, being more particularly described in Exhibit B attached hereto and incorporated herein for all purposes (the “Continental Residential Property”). Wolf owns and shall retain ownership of the two tracts of land located in Xxxxxx County, Texas out of the Property, being: (i) a 4.406 acre tract of land more particularly described in Exhibit C-1 attached hereto and incorporated herein for all purposes, and (ii) a 3.001 acre tract of land more particularly described in Exhibit C-2 attached hereto and incorporated herein for all purposes (collectively, the “Wolf Commercial Property”).”
