POSSESSION AND USE AGREEMENT FOR TRANSPORTATION/UTILITY PURPOSESPossession and Use Agreement • August 1st, 2022
Contract Type FiledAugust 1st, 2022This Possession and Use Agreement For Transportation Purposes (the “Agreement”) between WILLIAMSON COUNTY, TEXAS (the “County”), and Samsung Austin Semiconductor, LLC, a Delaware limited liability company (the “Grantor” whether one or more), grants to the County, their contractors, agents and all others deemed reasonably necessary by the County, an irrevocable right to possession and use of portions of the Grantor’s property for the purpose of constructing the Future County Road and CR 404 and related appurtenances and utility relocations (the “Roadway Construction Projects”) according, in part, to that certain Williamson County Development Agreement (the “Development Agreement”) recorded under Document No. 2022044232 in the Public Records of Williamson County, Texas. The property subject to this Agreement is described fully in field notes, plat map or other description (attached as “Exhibit “A”) and made a part of this Agreement by reference (the “Property”).