Agreement Concerning Creation and Operation of Municipal Utility District Sample Contracts

AGREEMENT CONCERNING CREATION AND OPERATION OF DRIPPING SPRINGS MUNICIPAL UTILITY DISTRICT NO. 1
Agreement Concerning Creation and Operation of Municipal Utility District • October 14th, 2021 • Texas

is by the City of Dripping Springs, Texas, a Type A general law municipality located in Hays County, Texas (the “City”); and Robert Mokhtarian, Individually, Robert Mokhtarian, Trustee for Edward Mokhtarian, and Robert Mokhtarian, Trustee for Edmund Mokhtarian (collectively, “Mokhtarian”); 740 Sports Park, LLC, a Texas limited liability company (“740 SP”); and Clinton Cunningham and Dawn Cunningham (“Cunningham”, and collectively with Mokhtarian and 740 SP, the “Owners”). Subsequent to its creation, Dripping Springs Municipal Utility District No. 1, a proposed municipal utility district to be created pursuant to Article XVI, Section 59 of the Texas Constitution and Chapters 49 and 54 of the Texas Water Code as contemplated by this Agreement (the “District”), will become a party to this Agreement. The City, the Owners, and the District are sometimes referred to herein individually as a “Party” and collectively as the “Parties”.

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AGREEMENT CONCERNING CREATION AND OPERATION
Agreement Concerning Creation and Operation of Municipal Utility District • December 3rd, 2015

This Agreement Concerning Creation and Operation of Far North Fort Worth Municipal Utility District No. 1 (this “Agreement”) is entered into by the City of Fort Worth, Texas, a home-rule municipal corporation situated in Tarrant, Denton, Johnson, Parker and Wise Counties, Texas (the “City”), acting by and through its duly authorized Assistant City Manager; Lackland Holdings, LLC, (“Owners”); and Far North Fort Worth Municipal Utility District No. 1, a municipal utility district created pursuant to Article XVI, Section 59, of the Texas Constitution, Chapters 49 and 54 of the Texas Water Code, located within Tarrant, Denton and Wise Counties (the “District”), which District, after the District Confirmation Date, will become a party to this Agreement.

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