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HomeMy WebLinkAboutRes 14-28 Approving the Economic Development Program Agreement for the Entrada DevelopmentRESOLUTION t b RIGHTS,CONSENTING TO AND APPROVING THE ASSIGNMENT OF THE # 1 OBLIGATIONS OF # # DEVELOPMENT PROGRAM AGREEMENT DATED APRIL 22, 2013 AND A DEVELOPMENT AND SUBDIVISION IMPROVEMENT AGREEMENT DATED OCTOBER i` FROMMARQUIS WESTLAKE DEVELOPMENT, INC TO MAGUIRE PARTNERS — SOLANA LAND, L.P. AND AUTHORIZING THE MAYOR TO APPROVE THE ASSIGNMENT ON OF WHEREAS, the Town of Westlake, Texas (the "Town") and Maguire Partners — Solana Land, L.P., a Texas limited partnership ("Assignee") entered into an Economic Development Program Agreement dated April 22, 2013 and a Development and Subdivision Improvement Agreement dated October 28, 2013 (collectively the "Development Agreements") attached hereto as Exhibit A and B, respectively; and WHEREAS, Assignee and Marquis Westlake Development, Inc. (the "Assignor") are parties to that certain Assignment (the "Initial Assignment"), dated July 21, 2014 and consented to by the Town through Town Resolution 14-22 in which Assignee (then acting as an assignor) assigned the rights, obligations, and covenants under the Development Agreements to Assignor (then acting as an assignee); and WHEREAS, the Development Agreements contain rights, covenants and obligations which are assignable upon the consent and approval of the assignment by the Town, the Assignor, and the Assignee; and WHEREAS, the Assignor desires to assign, transfer, set over, convey and deliver to the Assignee all of its rights, covenants, and obligations under the Development Agreements; and WHEREAS, Assignee desires to accept the rights, covenants and obligations of Assignor under the Development Agreements and fulfill the requirements set forth under the Development Agreements; and WHEREAS, Town Council of the Town (the "Town Council") finds that the Assignee is financially capable of meeting the terms and conditions of the Development Agreements. Resolution 14-28 Page 1 of 5 NOW THEREFORE, BE RESOLVED : COUNCIL OF THE TOWN OF WESTLAKE, TEXAS AS SECTION l: THAT the recitals set forth above in this Resolution are true and correct and are hereby adopted as findings of the Town Council and are incorporated into the body of this Resolution as if fully set forth herein. SECTION 2: THAT the Town Council does hereby find that the Assignee is financially capable of meeting the terms and conditions of the Assignor in the Development Agreements in satisfaction of the requirements of the Development Agreements. SEC'T'ION 3.: THAT the Town Council does hereby acknowledge, accept, and approve the assignment of the rights, covenants, and obligations of the Assignor to the Assignee, and shall continue its performance of the Development Agreements with Assignee in accordance with the Assignment document attached as Exhibit C. SECTION 4: THAT this Resolution shall become effective from and after its date of passage in accordance with law. SECTION 5: THAT any signatory hereto may execute and deliver this document by telephone facsimile transmission or email/.pd f, and the same shall constitute an original for all purposes. ATTEST: Kel y Ed : s, Town Secretary APPROV ,iWTO 1 :"Stanton Lo ry T wn La ra L. Wheat, Mayor Nomas E. BrI on Manager F 10.14 go I I �, so , TOWN OF WESTLAKE RESOLUTION 13-17 A RESOLUTION BY THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS, APPROVING AN ECONOMIC DEVELOPMENT AGREEMENT WITH MAGUIRE PARTNERS-SOLANA LAND, L.P., RELATED TO CENTURION'S DEVELOPMENT KNOWN AS WESTLAKE ENTRADA. WHEREAS, the Town of Westlake is experiencing planned growth through the attraction of economic development projects such as Fidelity Investments and Deloitte University, residential developments such as Vaquero, Glenwyck Farms, Granada and Terra Bella, which are consistent with the Town's Comprehensive Plan as amended, as well as enrollment growth at Westlake Academy and growth in the area in general, all of which contribute to demand for improvements to Westlake's infrastructure and public buildings, and WHEREAS, the Town of Westlake (Town) and Centurion, Inc. (Centurion) desire to entire enter into a partnership to continue this planed growth through economic development projects implemented by means of Centurion facilitating the investment of an estimated $500 million in a mixed use development known as Westlake Entrada in the Town, with significant privately maintained and publicly accessible amenities, and the Town facilitating this development with certain public investment in FM 1938 streetscape improvements per its economic development policies, and WHEREAS, the Town has an economic development policy adopted by Resolution 06- 19 and that this proposed economic development agreement with the Centurion meets those policy guidelines, and meets the requirements of State law for municipalities to grant 380 economic development grants to businesses developing in their boundaries; and WHEREAS, the Town Council finds that the passage of this Resolution is in the best interest of the citizens of Westlake. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS: SECTION 1: THAT, all matters stated in the Recitals hereinabove are found to be true and correct and are incorporated herein by reference as if copied in their entirety. SECTION 2: THAT, the Town Council of the Town of Westlake, Texas, hereby approves the Economic Development Grant Agreement with Centurion attached hereto as Exhibit "A'; and further authorizes the Town Manager to execute said agreement on behalf of the Town of Westlake. Resolution 13-17 Page 1 of 2 SECTION 3: If any portion of this Resolution shall, for any reason, be declared invalid by any court of competent jurisdiction, such invalidity shall not affect the remaining provisions hereof and the Council hereby determines that it would have adopted this Resolution without the invalid provision. SECTION 4: That this resolution shall become effective from and after its date of passage. PASSED AND APPROVED ON THIS 22nd DAY OF APRIL, 2013. ATTEST: Kelly'EdwarQ Town Secretary APPROVED AS TO FORM: St owry, T6wn Attorney La ra Wheat, Mayor Thomas E. Bryn e/'/r,"'-'own own Manager Resolution 13-17 Page 2 of 2 ECONOMIC DEVELOPMENT PROGRAM AGREEMENT This ECONOMIC DEVELOPMENT PROGRAM AGREEMENT ("Agreement") is entered into by and between the TOWN OF WESTLAKE, TEXAS (the "Town"), a Type -A general law municipal corporation organized under the laws of the State of Texas, and MAGUIRE PARTNERS-SOLANA LAND, L.P., a Texas limited partnership and its assigns, (the "Partnership"), for the purposes and considerations stated below. Section 1. RECITALS The Town and the Partnership hereby agree that the following statements are true and correct and constitute the basis upon which the Town and The Partnership have entered into this Agreement: A. The Town hereby concludes that this Agreement is authorized by Chapter 380 of the Texas Local Government Code, Article III, Section 52(a) of the Texas Constitution and is authorized by Resolution No. 06-19, adopted by the Town Council on May 8, 2006, attached hereto as Exhibit "A" and hereby made a part of this Agreement for all purposes, in which the Town has established an Economic Development Incentive Policy and program pursuant to which the Town will, on a case-by-case basis, offer economic incentive packages that include monetary loans and grants of public money, as well as the provision of personnel and services of the Town, to businesses and entities that the Town Council determines will promote local economic development and stimulate business and commercial activity in the Town in return for verifiable commitments from such businesses or entities to cause specific infrastructure, employment and other public benefits to be made or invested in the Town (the 11380 Program"). B. The Partnership is the owner of an approximately 85.9 acre tract in Planned Development PD 1-2 (the "Development"), generally located on the east side of FM 1938, north of Solana Blvd. and south of SH 114. shown on Exhibit `B" attached hereto and referred to herein as "Entrada" C. The Town Council finds and determines that the Development proposed by the Partnership will promote economic development and stimulate business and commercial activity consistent with the 380 Program and that the development will significantly expand the local tax base, enhance the local economy and provide positive growth and additional revenue to Westlake Academy. Resolution 13-17 Page 1 of 17 D. The Town and Partnership agree that this Agreement shall be binding upon the Partnership, its successors and assigns. The Town and Partnership further agree that a "Memorandum of this Agreement" in a form mutually agreeable to the Town and Partnership will be duly recorded in the Real Property Records of Tarrant County, Texas, and shall operate as a covenant running with the land and place third -parties on notice of this Agreement. NOW, THEREFORE, in consideration of the mutual benefits and promises contained herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties agree as follows: Section 2. DEFINITIONS In addition to terms defined in the body of this Agreement, the following terms shall have the definitions ascribed to them as follows: Affiliate shall mean all entities, incorporated or otherwise, under common control with, controlled by or controlling the Partnership. For purposes of this definition, "control" means fifty percent (50%) or more of the ownership determined by either value or vote. Condominium shall mean one of a group of housing units where each homeowner owns their individual unit space, and all the dwellings share ownership of areas of common use. Developer shall mean the Partnership and/or its Affiliates. Development shall have the meaning ascribed to it in Section 1. B. Development Agreement shall be a future separate agreement(s) as required by the Town as set out in various portions of this Economic Development Agreement, between the Town and The Partnership, enumerating various infrastructure, traffic signal, and other costs to be borne by The Partnership, or establishing terms for the Town's consideration of placement of any of its public buildings in the Development, or establishing terms and conditions for waiver and/or reduction of parkland dedication fees. Effective Date shall have meaning ascribed to it in Section 3 of this Agreement. Entrada means the mixed use village planned development zoning district depicted in Exhibit B, and described in Section 1.13, consisting of retail, commercial, hotel and entertainment uses and 322 residential units consisting of single family detached homes, townhomes and condominiums with a combined estimated value of $500,000,000. Partnership has the meaning ascribed to it in the preamble of this Agreement. Resolution 13-17 Page 2 of 17 Program Resources means the annual allowable economic development programs, resources, buildings, and efforts, approved and provided solely by the Town, to The Partnership in accordance with this Agreement as part of the Town's 380 Program. These may include, but shall not be limited to provision of economic development incentive tools as allowed by law. Public Improvement District has the meaning ascribed to it in Section 5.3 of the Agreement. Sales Tax Situs has the meaning ascribed to it in Section 5.2.f of this Agreement. Site Plan shall mean a Planned Development Site Plan completed by the Developer in compliance with Section 102-268 of the Town of Westlake Code of Ordinances and adopted by the Town Council. Town Hall shall mean any building or buildings designated by the Town for governmental use associated with the administration and operations of the Town of Westlake. Section 3. AGREEMENT — INCORPORATION OF RECITALS The Town Council has found at a duly -called and legally -noticed public meeting through the adoption of Town Resolution No. 13-17_, attached hereto as Exhibit "C" and hereby made a part of this Agreement for all purposes, and the Town and the Partnership and its Affiliates hereby agree, that the recitals set forth above are incorporated herein and true and correct and form the basis upon which the Parties have entered into this Agreement. Section 4. TERM This Agreement shall be effective as of the date of execution by the Parties (the "Effective Date") and, unless terminated earlier in accordance with this Agreement, shall be effective as long as there are outstanding obligations by either party as contained in this Agreement. Section 5. TOWN AND THE PARTNERSHIP'S OBLIGATIONS AND COMMITMENTS 5.1. Required Improvements - Description of the Mutual Obligations of the Parties. In order to increase and enhance the local tax base and local economy in the Town, and to maximize the economic benefits of the Development, the Partnership intends to construct approximately $500,000,000 in taxable mixed use improvements resulting in increased assessed valuation in PD 1-2. In exchange, the Town will consider the use of Program Resources Resolution 13-17 Page 3 of 17 specifically approved by the Town to consider an application by the Partnership to create of a Public Improvement District ("PID") or other special taxing district allowed by law which will be used to assess properties within the development for public infrastructure and to consider on a case to case basis requests for development incentives including Section 380 agreements to incentivize desirable retail and commercial tenants_ 5.2. Required Improvements - The Partnership's Specific Obligations. (a) In exchange for the Town's consideration of offering Program Resources, the Partnership agrees to pay to the Town the sum of $10,000 for each single deci d on the approve Site Plan(s) which shall be used for the benefit of the h--�— Westlake Academy. The amount of payment will be calculated by multiplying the number of residential lets ten;+S depicted on each approved Site Plan by $10,000, e on each appmved Site Plan--by—&5-,� which shall be due and payable to the Town prior to the signing of each respective final plat. (b) The Partnership shall pay a portion of the cost of design and construction of a traffic signal at FM 1938/Davis Blvd and Solana Boulevard, which cost shall be described in a future Developer Agreement. Said Development Agreement shall be required as a condition of approval prior to creation of a Public Improvement District or other special taxing district by the Town, and/or prior to filing of any preliminary plat for Entrada. The proportionate share of the cost of the traffic signal at FM 1938/Davis Blvd shall be determined by the Town and will take into consideration the total cost of design, (to be consistent with Town design standards), engineering and construction of the traffic signal, the proportionate share of cost allocated to the Granada residential development within PD 1-3, as well as any unspent funds collected from or owed to the Town by Fidelity Investments (FMR Limited Partnership) for signalization improvements. (c) The Partnership shall conduct an updated Traffic Analysis by a professional traffic engineer, mutually agreeable to the Town and the Partnership, at the Partnership's cost to determine the need for roadway and/or signalization improvements at the intersection of Solana Blvd and the currently unnamed road which shall be the future entrance into Granada and Entrada developments on Solana Boulevard. If additional improvement and or signalization is warranted by the updated Traffic Analysis, the Partnership shall pay Resolution 13-17 Page 4 of 17 100% of the cost of engineering, design, and construction of such improvements as determined by the Town by apportioning said costs between PD 1-3 (Granada) and PD 1-2 (Entrada). The Partnership further agrees to enter into a Development Agreement with the Town prior to filing of any preliminary plat for Entrada that specifically determines these costs and time of payment for them. (d) The Partnership or its agents or assigns approved by the Town shall perpetually maintain all irrigation, landscaping, lighting, medians, streetscaping, public and private open space, sidewalks, trails, water features, and all other public improvements within and bordering the development which are depicted on the approved Site Plan(s) and/or required by the Town's Ordinances, UDC, and/or Subdivision and/or Engineering Standards. All trails, whether built on public right-of- way or Developer's property will be publicly accessible and privately maintained and shall be platted as public access easements. If the Town determines a Development Agreement is necessary to clarify these costs as the Partnership's responsibility, the Partnership further agrees to enter such a Development Agreement with the Town prior to filing of any preliminary plat(s). (e) Solana Boulevard Improvements. The Partnership agrees to pay all costs pertaining to widening of Solana Boulevard adjacent to the south side of its property as shown on the approved concept plan for Entrada (Exhibit B) attached to this Agreement. The Partnership further agrees to enter into a Development Agreement with the Town related to its responsibility for these Solana Boulevard improvement costs prior to filing of any preliminary plat(s). (f) Sales Tax Situs. To the extent allowed by law, the Partnership agrees to pursue, with the Town's support, a sales tax situs agreement in which all non -single family construction contracts and agreements comprising or related to the development within the boundaries of PD 1-2 shall require that the respective contractor(s) enter into a separate contract with the State of Texas for the purpose and intent of sales tax collection on eligible projects comprising or related to the development having a point of sale in the Town in accordance with Comptroller's Sales Tax Rule 34, Texas Administrative Code, Section 3.291 (the "Sales Tax Situs"). Should the Partnership successfully establish a Sales Tax Situs, as described above, the Town agrees to amend this Agreement whereby the Town would grant to the Partnership, as Program Resources, a portion of the sales taxes actually received by the Town directly attributed to PD 1-2. Resolution 13-17 Page 5 of 17 (g) The Partnership shall reimburse the Town for actual costs of legal and/or consulting fees incurred by the Town related to the preparation and review of this Agreement, and all other related documents deemed necessary by the Town related to the Development and such payments are due and payable by the Partnership upon receipt. (h) The Partnership will designate and reserve a site of a size (acreage) deemed appropriate by the Town at a mutually agreeable location on the Final Plat in anticipation of construction of a future Town Hall. The land will remain under the fee simple ownership of the Partnership. The land will remain undeveloped and designated for a Town Hall site for five (5) years commencing on the date of execution of this economic Development Agreement. If after the expiration of the five (5) years, the Town has not entered into an agreement with the Partnership to construct a Town Hall, the reservation of the property for a Town Hall site will be removed and the Partnership shall be allowed to develop the property subject to compliance with all PD 1-2 zoning requirements and development regulations. 5.3. Required Improvements - Town of Westlake Specific Obligations a) In exchange for the Partnership constructing the Development, the Town agrees, as a component of the Program Resources, to consider the establishment of a Public Improvement District ("PID") in compliance with Chapter 372 of the Texas Local Government Code or other special taxing districts or financing mechanisms allowed by law and approved by the Town Council in order to fund public services and improvements approved by the Town within the Development. The schedule and phasing for consideration, and possible creation of the PID, or other special taxing districts or financing mechanisms allowed by law and approved by the Town Council, and determining specific terms of Town participation will be enumerated in an additional economic development agreement(s) submitted for the Council's consideration prior to the approval of a Site Plan. The PID or other special taxing districts or financing mechanisms, if approved by the Town, must be self-sufficient and shall not adversely impact the ordinary service delivery of the Town, except where the Town Council elects to participate in the project's costs. The creation of the PID or other special taxing districts or financing mechanisms which may be considered by the Town shall not create a financial obligation of any kind for the Town unless otherwise agreed by the Town Council Resolution 13-17 Page 6 of 17 (b) The Town will, upon request by the Partnership or its assigns, consider additional economic development incentives, including but not limited to, additional Chapter 380 Agreements on a case by case basis. (c) The Town will consider locating a Town Hall and/or other public buildings in the Development. The schedule and phasing for such public improvements and specific terms of Town participation will be enumerated in a Developer Agreement to be considered by the Town prior to, or after, the Partnership begins construction. (d) The Town will consider via a Development Agreement to eliminate or reduce of park land dedication fees at the time of site plan review. Section 6. DEFAULT, TERMINATION AND FAILURE BY THE PARTNERSHIP TO MEET VARIOUS DEADLINES AND COMMITMENTS. 6.1. Failure to Pay Town Taxes or Fees An event of default shall occur under this Agreement if any legally - imposed Town taxes or fees owed on, or generated by the Development become delinquent and the Partnership or the Affiliate does not either pay such taxes or follow the legal procedures for protest and/or contest of any such taxes. In this event, the Town shall notify the Partnership in writing and the Partnership shall have sixty (60) calendar days to cure such default. If the default has not been fully cured by such time, the Town shall have the right to terminate this Agreement immediately by providing written notice to the Partnership and shall have all other rights and remedies that may be available to it under the law or in equity. 6.2. Violations of Town Code, State or Federal Law An event of default shall occur under this Agreement if any written citation is issued to the Partnership or an Affiliate due to the occurrence of a violation of a material provision of the Town Code in the Development (including, without limitation, any violation of the Town's Building or Fire Codes, and any other Town Code violations related to the environmental condition of the Development, or to matters concerning the public health, safety or welfare) and such citation is not paid or the recipient of such citation does not properly follow the legal procedures for protest and/or contest of any such citation. An event of default shall occur under this Agreement if the Town is notified by a governmental agency or unit with appropriate jurisdiction that the Partnership or an Affiliate, or any successor in interest thereto or any third party with access to the Development pursuant to the express or implied permission of the Resolution 13-17 Page 7 of 17 Partnership or an Affiliate, or any a successor in interest thereto, is in violation of any material state or federal law, rule or regulation on account of the Development, improvements in the Development or any operations thereon (including, without limitation, any violations related to the environmental condition of the Development; the environmental condition on other land or waters which is attributable to operations of the Development; or to matters concerning the public health, safety or welfare). Upon the occurrence of such default, the Town shall notify the Partnership in writing and the Partnership shall have (i) thirty (30) calendar days to cure such default or (ii) if the Partnership has diligently pursued cure of the default but such default is not reasonably curable within thirty (30) calendar days, then such amount of time that the Town reasonably agrees is necessary to cure such default. If the default has not been fully cured by such time, the Town shall have the right to terminate this Agreement immediately by providing written notice to the Partnership and shall have all other rights and remedies that may be available to under the law or in equity. 6.3. General Breach Unless stated elsewhere in this Agreement, the Partnership shall be in default under this Agreement if the Partnership breaches any term or condition of this Agreement. In the event that such breach remains uncured after thirty (30) calendar days following receipt of written notice from the Town referencing this Agreement (or, if the Partnership has diligently and continuously attempted to cure following receipt of such written notice but reasonably requires more than thirty (30) calendar days to cure, then such additional amount of time as is reasonably necessary to effect cure, as determined by both Parties mutually and in good faith), the Town shall have the right to terminate this Agreement immediately by providing written notice to the Partnership. Section 7. NO INDEPENDENT CONTRACTOR OR AGENCY RELATIONSHIP It is expressly understood and agreed that the Partnership shall not operate as an independent contractor or as an agent, representative or employee of the Town. The Partnership shall have the exclusive right to control all details and day-to-day operations relative to its operations and obligations that it is required to perform under the Agreement and shall be solely responsible for the acts and omissions of its officers, agents, servants, employees, contractors, subcontractors, licensees and invitees. The Partnership acknowledges that the doctrine of respondeat superior will not apply as between the Town and the Partnership, its officers, agents, servants, employees, contractors, subcontractors, licensees, and invitees. The Partnership further agrees that nothing in this Agreement will be Resolution 13-17 Page 8 of 17 construed as the creation of a partnership or joint enterprise between the Town and the Partnership. Section 8. INDEMNIFICATION THE PARTNERSHIP, AT NO COST OR LIABILITY TO THE TOWN, AGREES TO DEFEND, INDEMNIFY AND HOLD THE TOWN, ITS OFFICERS, ELECTED AND APPOINTED OFFICIALS, AGENTS, ATTORNEYS, SERVANTS AND EMPLOYEES, HARMLESS AGAINST ANY AND ALL CLAIMS, LAWSUITS, ACTIONS, COSTS AND EXPENSES OF ANY KIND, INCL UDING, BUT NOT LIMITED TO, THOSE FOR PROPERTY DAMAGE OR LOSS (INCLUDING ALLEGED DAMAGE OR LOSS TO THE PARTNERSHIP' BUSINESS AND ANY RESULTING LOST PROFITS) AND/OR PERSONAL INJURY, INCLUDING DEATH, THAT MAY RELATE TO, ARISE OUT OF OR BE OCCASIONED BY (i) THE PARTNERSHIP' BREACH OF ANY OF THE TERMS OR PROVISIONS OF THIS AGREEMENT; OR (ii) ANY ACT OR OMISSION OR INTENTIONAL MISCONDUCT OF THE PARTNERSHIP, ITS OFFICERS, AGENTS, ASSOCIATES, EMPLOYEES, CONTRACTORS (OTHER THAN THE TOWN, OR ITS EMPLOYEES, OFFICERS, AGENTS, ASSOCIATES, CONTRACTORS OR SUBCONTRACTS), OR SUBCONTRACTORS DUE OR RELATED TO, FROM, OR ARISING FROM OPERATION AND CONDUCT OF ITS OPERATIONS AND OBLIGATIONS OR OTHERWISE TO THE PERFORMANCE OF THIS AGREEMENT. Section 9. NOTICES. All written notices called for or required by this Agreement shall be addressed to the following, or such other party or address as either party designates in writing, by certified mail, postage prepaid, or by hand delivery: Town: The Partnership American: Town of Westlake �X 7�ur1 Dr.) Nme-y-kcl -n Attn: Town Manager C)&V4 (�n 3 Village Circle, #202 1 Z N D R:"-) 1-3Cj 5�. �� 2 CO Westlake, Texas 76262 Cd.rCop 4nn --R '15 OOU Resolution 13-17 Page 9 of 17 With Copies to (which shall not constitute notice): Boyle & Lowry, L.L.P. Attn: L. Stanton Lowry 4201 Wingren Dr., Suite 108 Irving, Texas 75062 Section 10. ASSIGNMENT AND SUCCESSORS The Partnership may at any time assign, transfer or otherwise convey any of its rights or obligations under this Agreement to an Affiliate without the approval of the Town so long as The Partnership, the Affiliate and the Town first execute an agreement approved by the Town Council of the Town under which the Affiliate agrees to assume and be bound by all covenants and obligations of The Partnership under this Agreement. Otherwise, The Partnership may not assign, transfer or otherwise convey any of its rights or obligations under this Agreement to any other person or entity without the prior consent of the Town Council, which said consent may be withheld at the Town's sole discretion, conditioned on (i) the prior approval of the assignee or successor and a finding by the Town Council that the proposed assignee or successor is financially capable of meeting the terms and conditions of this Agreement and (ii) prior execution by the proposed assignee or successor of a written agreement with the Town under which the proposed assignee or successor agrees to assume and be bound by all covenants and obligations of The Partnership under this Agreement. Any attempted assignment without the Town Council's prior consent shall constitute a breach and be grounds for termination of this Agreement and following receipt of written notice from the Town to The Partnership. Any lawful assignee or successor in interest of The Partnership of all rights under this Agreement shall be deemed "The Partnership" for all purposes under this Agreement. Section 11. COMPLIANCE WITH LAWS, ORDINANCES, RULES AND REGULATIONS This Agreement will be subject to all applicable Federal, State and local laws, ordinances, rules and regulations, including, but not limited to, all provisions of the Town's codes and ordinances, as amended. Section 12. GOVERNMENTAL POWERS It is understood that by execution of this Agreement, the Town does not waive or surrender any of it governmental powers or immunities that are outside of the terms, obligations, and conditions of this Agreement. Resolution 13-17 Page 10 of 17 Section 13. NO WAIVER The failure of either party to insist upon the performance otany term or provision of this Agreement or to exercise any right granted hereunder shall not constitute a waiver of that party's right to insist upon appropriate performance or to assert any such right on any future occasion. Section 14. VENUE AND JURISDICTION If any action, whether real or asserted, at law or in equity, arises on the basis of any provision of this Agreement, venue for such action shall lie in state courts located in Tarrant County, Texas or the United States District Court for the Northern District of Texas — Fort Worth Division. This Agreement shall be construed in accordance with the laws of the State of Texas. Section 15. NO THIRD PARTY RIGHTS The provisions and conditions of this Agreement are solely for the benefit of the Town and The Partnership, and any lawful assign or successor of The Partnership, and are not intended to create any rights, contractual or otherwise, to any other person or entity. Section 16. FORCE MAJEURE It is expressly understood and agreed by the Parties to this Agreement that if the performance of any obligation hereunder, other than those obligations contained in Sections 5.2.a of this Agreement, is delayed by reason of war, civil commotion, acts of God, inclement weather that prohibits compliance with any portion of this Agreement, or other circumstances which are reasonably beyond the control or knowledge of the party obligated or permitted under the terms of this Agreement to do or perform the same, regardless of whether any such circumstance is similar to any of those enumerated or not, the party so obligated or permitted shall be excused from doing or performing the same during such period of delay, so that the time period applicable to such requirement shall be extended for a period of time equal to the period such party was delayed. Section 17. INTERPRETATION In the event of any dispute over the meaning or application of any provision of this Agreement, this Agreement shall be interpreted fairly and reasonably, and neither more strongly for or against any party, regardless of the actual drafter of this Agreement. Resolution 13-17 Page 11 of 17 Section 18. SEVERABILITY CLAUSE. It is hereby declared to be the intention of the Parties that sections, paragraphs, clauses and phrases of this Agreement are severable, and if any phrase, clause, sentence, paragraph or section of this Agreement shall be declared unconstitutional or illegal by the valid judgment or decree of any court of competent jurisdiction, such unconstitutionality or illegality shall not affect any of the remaining phrases, clauses, sentences, paragraphs or sections of this Agreement since the same would have been executed by the Parties without the incorporation in this Agreement of any such unconstitutional phrase, clause, sentence, paragraph or section. It is the intent of the Parties to provide the economic incentives contained in this Agreement by all lawful means. Section 19. CAPTIONS Captions and headings used in this Agreement are for reference purposes only and shall not be deemed a part of this Agreement. Section 20. ENTIRETY OF AGREEMENT This Agreement, including any exhibits attached hereto and any documents incorporated herein by reference, contains the entire understanding and agreement between the Town and The Partnership, and any lawful assign and successor of The Partnership, as to the matters contained herein. Any prior or contemporaneous oral or written agreement is hereby declared null and void to the extent in conflict with any provision of this Agreement. Notwithstanding anything to the contrary herein, this Agreement shall not be amended unless executed in writing by both parties and approved by the Town Council of the Town in an open meeting held in accordance with Chapter 551 of the Texas Government Code. Section 21. COUNTERPARTS This Agreement may be executed in multiple counterparts, each of which shall be considered an original, but all of which shall constitute one instrument. Resolution 13-17 Page 12 of 17 EXECUTED as of the last date indicated below: TOWN OF WESTLAKE: By: ��O4 Thomas E. Bry er Town Manager Date: 11/22/2013 APPROVED AS I= L. Sant& Low Town Attorney 7111, EGALITY: l MAGUIRE PARTNERS-SOLANA LAND, L.P. By: MMM Ventures, LLC, it general partner By: 2M Ventures, LLC, its manager Mehrdad Moayedi Manager Date: Resolution 13-17 Page 13 of 17 EXHIBITS "A" — Town of Westlake Resolution No. 06-19 "B" — Entrada subdivision boundary description and concept plan map "C" - Town of Westlake Resolution No. 13-17 Resolution 13-17 Page 14 of 25 "A" — Town of Westlake Resolution No. 06-19 TOWN OF WESTLAKE RESOLUTION NO. 06-19 A RESOLUTION OF THE BOARD OF ALDERMEN OF THE TOWN OF WESTLAKE, TEXAS, ADOPTING AN ECONOMIC DEVELOPMENT INCENTIVE POLICY. WHEREAS, the Town of Westlake, Texas, relies upon the generation of Sales and Use: Taxes for basic city operations; and WHEREAS, the Town of Westlake aggressively pursues sales tax producing enterprises that meet the Tow'n's high development standards; and WIIEREAS. Chapter 312 of the Texas Tax Code requires that guidelines and criteria be adopted by the Board of Aldermen before entering into any Economic Development Agreement that provides reimbursement of taxes; and WHEREAS, Chapter 380 of the Texas .Local Government Code allows the Board of Aldermen to create policies for economic development and any related grants or incentives. NOW, THF,REFORF., BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE TOWN OF WESTLAKE, TEXAS: SECTION 1: The above findings are hereby found to be true and correct and are incorporated herein in its entirety. SECTION 2: The Board of Aldermen of the Town of Westlake, Texas, adopts the attached Exhibit A, To,,vn of Westlake Economic Development Incentive Policy and directs the Town Manager to immediately submit an Economic Development Agreement to the Board of Aldermen consistent with the terms of this policy. PASSED AND APPROVED ON THIS 8th DAY OF MAY. 2006, ATTEST: ' an D w-innell, To -.in Secretary APPRO ' " F RM: L. • -ton to � o Attorney Scott Brad ey, Mayor Trent O. Petty, T G Manager Resolution 13-17 Page 15 of 25 EXHIBIT A Town of Westlake Economic Development Incentive Policy Section 1. General Purpose and Objectives The Town of Westlake, "Texas, ("rown"} is committed to the promotion and retention of high quality development in all parts of the Town as part of an overall effort to improve the quality of life for its residents. Since these objectives can be served, in part, by the expansion of its commercial business, retail, and mixed use base; the Town will, on a case-by-case basis, give consideration to providing tax abatements, economic development grants, loans, and other incentives (collectively referred to as "Incentives") as may be allowed by law as stimulation for selected economic development within the community. It is the policy of the Town that consideration will be provided in accordance with the criteria set forth in this document. Nothing within this policy shall imply or suggest that the Town is under any obligation to provide Incentives to any applicant. All applicants ("Applicants') for any Incentives shall be considered on a case- by-case basis. Section I1. Applicability This Economic Development Incentive Policy (the "Policy') establishes guidelines and criteria for Incentives as allowed for by the provisions of Chapter 312 of the Texas Tax Code, and other economic grants, loans, or incentives as authorized by Chapter 380 of the Texas Local Government Code, the Development Corporation Act, Article 5190.6, Tex. Rev. Civ. Stat., Article III, Section 52-a of the "Texas Constitution, and other applicable laws. Any Incentive approved by the 'Town's Board of Aldermen ("Board of Aldermen') pursuant to the Policy must be memorialized in an agreement to be executed and approved by the Town and applicant (the "incentive Agreement"). Section III. Tax Abatement Criteria A. Any application for tax abatement shall be reviewed and approved or disapproved by the Board of Aldermen and, if applicable, consider the recommendations of the Westlake Development Corporation and/or the Westlake 4A Corporation. In general, the application will be considered based upon the following: The 'value added' to the community by the Applicant's proposed project; The likelihood of the development of the proposed project without abatements; The comparison of the use of abatements versus the use of other potential incentives. Resolution 13-17 Page 16 of 25 B. Specific considerations for approving tax abatement applications will be based upon the degree to which the proposed project: • Furthers the goals and objectives of the Towm as expressed in the Town's Comprehensive Plan, Planned Development District Ordinances, and infrastructure plans; • Impacts the Town's costs and ability to provide municipal services; • Impacts the local environment, housing market. and available infrastructure; • Offers potential fbr long term payback in tax and'or other revenues for the Town's investment; • Potentially stimulates other desirable economic development within the Town. C. Term of the Abatement — A tax abatement may be granted for a maximum of ten years_ The term of the abatement may be granted for a lesser number of years depending upon the anticipated `value added' to the Town. Section 1V. Value of the Project The amount of the Incentive will be determined by the Board of Aldermen based upon the merits of the economic development project (the "Project"), including, but not limited to, the factors referenced in paragraph III. B. (above) and the following specific economic considerations: • total capital investment; • added employment; • generation of other tax revenues. Incentives may be granted only for the additional value of eligible property improvements described in the Project and listed in the executed tax abatement agreement. Target thresholds are established as expected qualifying levels for abatement consideration as indicated in paragraphs A and B as follows: A. For New Businesses or Development - The Project must be reasonably expected to produce an added value of five million dollars ($5,000,000) in real and personal property improvements within the Town of Westlake; or to create a minimum of 200 full- time jobs, or to generate annual sales tax revenues to the Town of at least $100,000. B. For Expansion or Modernization of Existing Businesses or Development — The Project must be reasonably expected to produce an added value of two million dollars ($2,000,000) in real and personal property improvements within the Town, or to create a minimum of 100 full time jobs, or to generate additional annual sales tax revenues to the Town of at least $50.000. Section V. Inspection, Verification and Incentive -Modification The terms of an Incentive Agreement shall include the Town's right to: Resolution 13-17 Page 17 of 25 (a) require the submission of an annual certification of compliance for the property receiving an Incentive; (b) conduct an on-site inspection of the project in each year during the life of the Incentive to verify compliance with the terms of the Agreement and the Policy; and (c) reduce or eliminate the Incentive if the applicant has failed to comply with the requirements or the Incentive Agreement. Section VI. Evaluation Upon completion of the Project, the Town shall no less than annually evaluate each Project receiving an abatement to insure compliance with the terms of the agreement. Any incidents of non-compliance will be reported to all affected taxing units. Section VII. Severability and Limitation In the event that any section, clause, sentence, paragraph or any part of this Policy shall, for any reason, be adjudged by any court of competent jurisdiction to be invalid, such invalidity shall not affect, impair, or invalidate the remainder of the guidelines and criteria in this Policy. Section VH1. Expiration and Modification This Policy is effective upon the date of its adoption and will remain in force for two years, at which time Incentive Agreements created pursuant to its provisions will be reviewed by the Board of Aldermen to determine whether the objectives of the Policy are being achieved. Based upon that review, this Policy may be modified, renewed or eliminated. however, any Incentive Contracts created pursuant to this Policy will remain in effect according to their respective terms without regard to any change to this Policy unless mutually agreed by the parties. Section IX. Economic Development Grants, Loans, and Other Incentives A. Any application for economic development grants, loans, and other incentives shall be reviewed and approved or disapproved by the Board of Aldermen. In the review process, the Board of Aldermen will, if applicable, consider the recommendations of the Westlake Development Corporation and/or the Westlake 4A Corporation. Any such economic development grants, loans, and other incentives may come from any one or combination of the following: • Grants or loans as authorized by Chapter 380 of the Texas Local Government Code; • The general Sales and Use taxes of the Town; • Sales and Use taxes collected pursuant to section 4A and/or 4B of Article 5190.6, Tex. Rev. Civ. Stat.; and/or Resolution 13-17 Page 18 of 25 Any other lawful source of revenue of the Town including, but not limited to, bond or other debt financing which farther the purpose of economic development. B. To be eligible to apply and qualify for consideration of any grants; loans, and other incentives under this Section, the applicant must submit documentation, and enter into an Incentive Agreement, which indicates the specific details of the Project and compliance with the Policy. Resolution 13-17 Page 19 of 25 "B" — Entrada Boundary Description Vicinity Map and Concept Plan - LEGAL DESCRIPTION EXHIBIT 1 Legal Description ofPD1-2 District 85.90 Acres BEING a tract of land situated in the C.M. Throop Survey, Abstract No. 1510, the W. Medlin Survey, Abstract No. 1958, the William Pea Survey, Abstract No. 1246 and the Joseph Henry Survey, Abstract No. 742, Tarrant County, Texas and being a portion of Tract 2 as described in the Special Warranty Deed to MAGUIRE PARTNERS — SOLANA LAND, L.P. as recorded in Volume 16858, Page 176 of the Deed Records of Tarrant County, Texas and being more particularly described as follows: BEGINNING at a 5/8 inch iron rod found with "Huitt-Zollars" cap at the southwest corner of Lot 2, Block 1, Westlake/Southlake Park Addition No. 1, an addition to the Town of Westlake, Texas as recorded in Volume 388-214, Page 78 of the Plat Records of Tarrant County, Texas, being on the northeasterly right-of-way line of Kirkwood Boulevard, a variable width right-of-way as dedicated by said Westlake/Southlake Park Addition No. 1 and being the beginning of a non - tangent curve to the left having a central angle of 9 degrees 13 minutes 11 seconds, a radius of 1428.00 feet and being subtended by a chord which bears North 47 degrees 49 minutes 50 seconds West a distance of 229.54 feet; THENCE along the northeasterly right-of-way line of Kirkwood Boulevard, a variable with right- of-way, as described in Dedication Deed to the Town of Westlake as recorded under instrument No. D208427746, Deed Records of Tarrant County, Texas the following: Along said curve to the left an arc distance of 229.79 feet to a % inch rod found with Graham cap at the end of said curve; North 52 degrees 30 minutes 14 seconds west a distance of 32.60 feet to % inch iron rod found with Graham cup beginning of a curve to the right having a central angle of 18 degrees 54 minutes 48 seconds, a radius of 612.00 feet and being subtended by a chord which bears North 43 degrees 02 minutes 03 seconds West a distance of 201.11 feet; Along said curve to the right an arc distance of 202.02 feet to a lh inch iron rod found with Graham cap at the beginning of a compound curve to the right having a central angle of 24 degrees 06 minutes 47 seconds, a radius of 812.00 feet and being subtended by a chord which bears North 21 degrees 32 minutes 03 seconds West a distance of 339.22 feet; Along said curve to the right an are distance of 341.73 feet to a %2 inch iron rod found with Graham cap at the end of a said curve; North 09 degrees 28 minutes 39 seconds West a distance of 132.24 feet to a % inch iron rod found with Graham cap at the beginning of a curve to the left having a central angle of 45 degrees 43 minutes 19 seconds, a radius of 708.00 feet and being subtended by a chord which bears North 32 degrees 20 minutes 19 seconds West a distance of 550.11 feet; Along said curve to the left an arc distance of 564.98 feet to a % inch iron rod found with Graham cap at the end of said curve; Resolution 13-17 Page 20 of 25 North 55 degrees 11 minutes 58 seconds West a distance of 190.50 feet to a %2 inch iron rod found with Graham cap; North 08 degrees 56 minutes 27 seconds West a distance off 21.41 feet to a %2 inch iron rod found with Graham cap on the easterly right-of-way line of Precinct Line Road, a variable width right- of-way, as described in Dedication Deed to Town of Westlake as recorded under Instrument No. D208427746, Deed Records of Tarrant County, Texas and being the beginning of a non -tangent curve to the left having a central angle of 16 degrees 09 minutes 21 seconds, a radius of 1,432.50 feet and being subtended by a chord which bears North 27 degrees 07 minutes 42 seconds East a distance of 402.59 feet; THENCE along the easterly right-of-way line of Precinct Line Road, the following; Along said curve to the left an arc distance of 403.92 feet to a %2 inch iron rod found with Graham cap at the end of said curve; North 18 degrees 47 minutes 24 seconds East a distance of 185.36 feet to a %2 inch iron rod found with Graham cap; North 17 degrees 03 minutes 03 seconds East a distance of 322.64 feet to a %2 inch iron rod found on the southerly right-of-way line of State Highway 114 (a variable width ROW); THENCE along the southerly right-of-way line of State Highway 114, the following; North 60 degrees 06 minutes 26 seconds East a distance of 44.54 feet to a Texas Department of Transportation brass disk in concrete found; South 71 degrees 03 minutes 32 seconds East a distance of 254.55 feet to a point for corner from which a Texas Department of Transportation brass disk in concrete found bears North 10 degrees 48 minutes 28 seconds West a distance of 0.43 feet; South 77 degrees 26 minutes 06 seconds East a distance of 746.74 feet to a Texas Department of Transportation brass disk in concrete found; South 71 degrees 03 minutes 31 seconds East a distance of 1443.85 feet to a Texas Department of Transportation brass disk in concrete found; South 62 degrees 34 minutes 19 seconds East a distance of 404.34 feet to a Texas Department of Transportation brass disk in concrete found at the beginning of a curve to the right having a central angle of 08 degrees 19 minutes 09 seconds, a radius of 2,709.79 feet and being subtended by a chord which bears South 58 degrees 24 minutes 45 seconds East a distance of 3 93. 11 feet; Along said curve to the right an arc distance of 393.45 feet to a Texas Department of Transportation brass disk in concrete found; South 54 degrees 15 minutes 11 seconds East a distance of 399.24 feet to a Texas Department of Transportation brass disk in concrete found; South 64 degrees 19 minutes 50 seconds East a distance of 56.55 feet to a 5/8 inch iron rod found with "Huitt-Zollars" cap at the beginning of a non -tangent curve to the right having a central angle of 02 degrees 13 minutes 56 seconds, a radius of 2,754.79 feet and being subtended by a chord which bears South 43 degrees 17 minutes 37 seconds East a distance of 107.32 feet; Resolution 13-17 Page 21 of 25 Along said curve to the right n arc distance of 107.33 feet to a %2 inch rod found with "Huitt- Zollars" cap for the northeast corner of Lot 1, Block 1, of the aforementioned Westlake/Southlake Park Addition No. 1; THENCE departing the southerly right-of-way line of State Highway 114, North 90 degrees 00 minutes 00 seconds west along the north line of said Lot 1, Block 1, a distance of 2,132.54 feet to a 5/8 inch iron rod with "Carter -Burgess" cap found for the northwest corner of said Lot 2, Block 1, Westlake/Southlake Park Addition No. 1; THENCE South 52 degrees 00 minutes 00 seconds West along the northwesterly line said Lot 2, Block 1, a distance of 1000.00 feet to a 5/8 inch iron rod with "Carter & Burgess" cap found at an angle point in the west line of Lot 2, Block 1; THENCE along the west line of said Lot 2, Block 1, South 00 degrees 00 minutes 00 seconds East a distance of 168.55 feet to the POINT OF BEGINNING and containing 85.90 acres of land, more or less. Resolution 13-17 Page 22 of 25 Exhibit A-1 �� s+ JVL kit\ r u < 5 C I t Resolution 13-17 Page 23 of 25 MAMU 1 PO il TOWN OF WESTLAKE RESOLUTION 13-34 A RESOLUTION BY THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS, APPROVING A DEVELOPMENT AGREEMENT WITH MAGUIRE PARTNERS, L.P. RELATED TO THEIR DEVELOPMENT KNOWN AS ENTRADA IN WESTLAKE, TEXAS. WHEREAS, the Town of Westlake is experiencing planned growth through the attraction of economic development projects such as Fidelity Investments and Deloitte University, residential developments such as Vaquero, Glenwyck Farms, Terra Bella, and Granada, and Entrada which are consistent with the Town's Comprehensive Plan, as well as enrollment growth at Westlake Academy, all of which contribute to demand for improvements to Westlake's infrastructure and public buildings, and WHEREAS, the Town of Westlake (Town) and Maguire Partners, L.P. (the Developer) desire to enter into a partnership to continue this planned growth through a development agreement which sets out responsibilities for the Developer as a part of their development known as Entrada (the zoning for which was approved in Ordinance 703 approved on April 22, 2013) regarding off-site costs, the need for which are created by the Entrada development, including Solana Boulevard improvements, traffic signals, contributions for Westlake Academy, as well as maintenance of public and private open spaces/amenities in and adjacent to said Entrada development, and WHEREAS, the Town has an economic development policy adopted by Resolution 06- 19 and the Town and the Developer have (per Resolution 13-17 approved on April 22, 2013) made commitments according to certain terms and conditions in an economic development agreement approved under this economic development policy; and WHEREAS, the Town Council finds that the passage of this Resolution is in the best interest of the citizens of Westlake. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS: SECTION 1: THAT, all matters stated in the Recitals hereinabove are found to -be true and correct and are incorporated herein by reference as if copied in their entirety. SECTION 2: THAT, the Town Council of the Town of Westlake, Texas, hereby approves the Development Agreement with the Developer attached hereto as Exhibit "A'; and further authorizes the Town Manager to execute said agreement on behalf of the Town of Westlake. Resolution 13-34 Pagel of 2 SECTION 3: If any portion of this Resolution shall, for any reason, be declared invalid by any court of competent jurisdiction, such invalidity shall not affect the remaining provisions hereof and the Council hereby determines that it would have adopted this Resolution without the invalid provision. SECTION 4: That this resolution shall become effective from and after its date of passage. PASSED AND APPROVED ON THIS 28TH DAY OF OCTOBER, 2013. ��\ OF 14/fi �® ATTEST: `Z /lo KellyJEdw&rtls, Town Secretary hvAk./�. Laura/Wheat, Mayor To Manager wn Resolution 13-34 Page 2 of 2 EXHIBIT A CENTURION AMERICAN, INC. DEVELOPMENT AND SUBDIVISION IMPROVEMENT AGREEMENT Agreement between the Town of Westlake, Texas, (the "Town"), Maguire Partners - Solana L.P. (the "Developer"), as sole owner and Developer of the property generally located on the east side of FM 1938, north of Solana Blvd. and south of SH 114 shown on the Entrada Boundary Description and Map, Attachment "A", attached hereto and incorporated herein by reference. This agreement concerns the development of a mixed-use development approved on April 22, 2013 by Ordinance No. 703 and described in the Economic Development Agreement adopted by Resolution No. 13-17 on April 22, 2013 for Planning Area 1-2 ("PD 1-2"), more commonly known as the "Development" and provisions for the installation of certain public improvements to support the development, easements and community facilities (the "improvements") located therein; and for the assurance of completion and maintenance thereof. This Agreement shall solely relate to the development of PD 1-2 as has been determined by the submittal and approval of the Developer's zoning approved April 22, 2013 by Ordinance No. 703 and in the Economic Development Agreement approved by Resolution No. 13-17 approved on April 22, 2013. SECTION 1: DEFINITIONS In addition to the terms defined in the body of this Agreement, the following terms shall have the definitions ascribed to them as follows: Agreement shall mean this Development Agreement between the Town of Westlake and Centurion American, Inc. Affiliate shall mean all entities, incorporated or otherwise, under common control with, controlled by or controlling the Developer. For purposes of this definition, "control" means fifty percent (50%) or more of the ownership determined by either value or vote. Developer shall mean the Partnership and/or its Affiliates or assigns. Development shall have the meaning ascribed to it in Section 2.A of this Agreement. Development Plan shall an approved Development Plan completed by the Developer in compliance with Section 102-268 of the Town of Westlake Code of Ordinances and approved by the Town of Westlake which shall govern the approval of all Site Plans as defined in this section that are submitted for construction in the Development. Resolution 13-34 Page 1 of 19 Economic Development Agreement shall mean that agreement and all its terms and conditions as approved by the Town Council on April 22, 2013 by Resolution 13-17 and approved by the Developer on April 22, 2013. Entrada shall mean the mixed-use village planned development depicted on the Entrada Boundary Description and Map, Attachment "A", and as described in Section LA, consisting of retail, commercial, hotel, and entertainment uses and 322 residential units consisting of single family detached homes, townhomes and condominiums and as further described in Ordinance No. 703 as well as the Economic Development Agreement approved by the adoption of Resolution 13-17. Partnership has the meaning ascribed to it in the preamble of this agreement. PD1 -2 shall mean the planned zoning district located on the tract shown on Exhibit A to this agreement as zoned by Ordinance No. 703 adopted April 22, 2013 and subject to the terms and conditions of the Economic Development Agreement adopted by the Town in Resolution 13- 17 on April 22, 2013 and approved by the Developer that same date. Property Owners Association shall mean an organization established by the Developer for the Development, the membership will be comprised of and mandatory for all owners of real property in the Development and whose Bylaws and Regulations as well as the Declaration of Restrictions, Covenants and Conditions shall be approved by the Town prior to filing in the Deed of Trust records of Tarrant County, Texas. Public Improvement District or PID shall mean that special district as may be established for the Development as set out in Chapter 372 of the Texas Local Government Code and subject to the provisions of Article 5.3 of the Economic Development Agreement between the Town and the Developer as approved by both parties on April 22, 2013. Residential Unit shall be defined by Ordinance No. 703 adopted on April 22, 2013 and shall include condominiums, townhomes, and single family detached residential units as defined in Ordinance No. 703. All residential units are custom homes as defined in this section of this Agreement. Site Plan shall mean an approved Planned Development Site Plan comporting to an approved Development Plan completed by the Developer in compliance with Section 102-268 of the Town of Westlake Code of Ordinances and adopted by the Town of Westlake. Town means the Town of Westlake, Texas, and its officials assigned by the Town Manager to review and approve submittals in accordance with the Town of Westlake Code of Ordinances and published standards, restrictions, rules and regulations. Town Hall shall mean any building or buildings designated by the Town for governmental use associated with the administration and operations of the Town of Westlake. Resolution 13-34 Page 2 of 19 SECTION 2 GENERAL REQUIREMENTS FOR THE DEVELOPER A. Construction of Entrada Development. The Developer convenants to develop the Development property shown as Exhibit A to this Agreement as defined above in this agreement known as Entrada. Said Development known as Entrada will be a mixed-use development emulating a Spanish type village and consist of uses allowed in Ordinance No. 703 and the Economic Development Agreement approved by Resolution 13-17 including residential units, retail, office, hotel and entertainment uses. B. Completion Date of Development. The Developer covenants with the Town that all required public improvements (infrastructure and common area improvements) to be completed by the Developer hereunder, shall be completed no later than five (5) years following the date of issuance of a notice to proceed on Phase 1 as shown on the approved preliminary plat for Entrada. C. Completion of Agreement. This Agreement shall not be considered complete until: 1. Record drawings for all streets and utilities including street lighting in the development, certified by the Developer Engineer, are filed with the Town Engineer and provided as follows: a. Three (3) sets of record drawings, b. One (1) set of mylars, c. Digital record drawings with GIS spatial data and coordinates compatible with the latest version of ArcView/ArcGIS d. Digital record drawings compatible with the latest version of AutoCAD 2. The Developer has fulfilled the requirements as specified in Section 4.13, Agreement to Escrow, of this agreement. 3. The Town has issued a letter of acceptance and it has been filed as described in Section 2.C, Covenant Running with Land, of this agreement. D. Covenant Running With the Land. The covenants contained herein shall run with the land comprising the development and bind all successors, heirs and assignees of the Developer until all the improvements are complete and the Town Engineer provides a letter of acceptance of said improvements. At that time only the maintenance and other continuing obligations continue to bind all successors, heirs and assignees. In addition, this Agreement and the letter of acceptance for the improvements shall be filed on record in the Deed Records of Tarrant County, Texas as evidence thereof. Resolution 13-34 Page 3 of 19 E. Security for Completion of Public Improvements. The Developer shall obtain a performance bond with the Town as co -obligee from the general contractor and subcontractors to ensure completion of the required public improvements to be completed by the Developer, as stipulated in this Agreement, and assign such performance bond to the Town or cause the Town to be a co -obligee. The performance bond shall be in the amount of 100 percent of the funds estimated by the Town Engineer to be necessary to pay for all public and private infrastructure (excluding gas, electric, and telecommunications) according to approved plans. The bond amount shall be reduced on a pro -rata basis as the improvements are accepted by the Town Engineer as evidenced by a letter of acceptance. The Developer will have forty-five (45) calendar days to provide the performance bond from the date of approval of construction plans. F. Temporary Improvements. If temporary improvements related to this development are required by existing ordinances, statute or federal law, the Developer shall enter into and file a separate improvements agreement and escrow, or provide an authorized letter of credit, in an appropriate amount to ensure the proper construction, maintenance and removal of the temporary improvements. The Developer shall build and pay for all costs of temporary improvements required by the Town and shall maintain those improvements for the period specified by the Town. In addition to the foregoing, the Developer shall pay for a geotechnical site assessment and environmental assessment for all temporary accesses to the development. Any temporary road or roads to be constructed by the Developer to provide temporary access must comply with Town standards. G. Developer Engineer. The Developer must employ a civil engineer, architect or landscape architect, as appropriate, licensed to practice in the State of Texas, for the design and preparation of the plans and specifications for the construction of all improvements to be constructed by the Developer covered by this Agreement. H. Contractor Approval. On all public improvements for which the Developer awards its own construction contract(s), the Developer must employ a construction contractor that meets the Town's regulatory standards and statutory requirements for being insured, licensed and bonded to do work in public streets and/or public projects and be qualified in all respects to bid on public streets and upon public projects of similar nature, as the case may be. I. Responsibility for Contractor/Subcontractor Fees. On all public improvements for which the Developer awards its own construction contract(s) or subcontracts, the Developer shall be responsible for all costs incurred in the procurement of such services, labor and materials. J. Upkeep of Property While in Development. The Developer will be responsible Resolution 13-34 Page 4 of 19 for mowing all grass and weeds and otherwise reasonably maintaining all land within the Development which has not been sold to third parties. After fifteen (15) calendar days written notice, should the Developer fail in this responsibility, the Town may contract for this service and bill the Developer for reasonable costs. Should the costs remain unpaid for thirty (30) calendar days after notice, the Town may file a lien on the property so maintained. K. Dedication of Property. If required by the Town Engineer, any dedication to the Town of real property as shown on the approved preliminary plat or final plat, including right-of-way and easements, shall include a metes and bounds description for conveyance by either final plat or separate instrument. L. Property Owners Association. The Developer shall establish a Property Owners Association for the Development with by-laws and regulations consistent with this Agreement and the Town's pertinent Ordinances and Development Codes. The Developer shall submit the organization documents to the Town Attorney for verification of the inclusion of pertinent terms of this Agreement and approval by the Town prior to the recordation of same. The Developer must file in the Deed Records of Tarrant County, Texas, a Declaration of Restrictions, Covenants and Conditions. All Declaration of Restrictions, Covenants and Conditions for the Development shall be approved by the Town prior to their filing in the Deed Records of Tarrant County, Texas. Membership in the Property Owners Association shall be mandatory for all owners of real property in the Development. The Property Owners Association shall establish an Architectural Control Committee as set out in the Restrictions, Covenants, and Conditions for the Development. In addition, the Developer or the Property Owners Association shall be responsible for maintaining all private streets, private infrastructure, and private and public common areas, open spaces and facilities, and for enforcing the restrictions, covenants, and conditions. SECTION 3 CONSTRUCTION PROCEDURES FOR THE DEVELOPER A. Engineering Standards. Developer covenants that all public works protects and improvements to be completed by the Developer shall be constructed in accordance with the PD 1-2 engineering standards approved by the Town prior to issuance of the Town's authorization of construction to proceed. B. Pre -construction Conference. A pre -construction meeting for the construction of the improvements to be completed by the Developer between the Developer and Town Engineer is required. The Developer or contractor(s) and subcontractors shall furnish to the Town a list of all subcontractors and suppliers that will be providing greater than a $10,000 value to the development. All contractors and subcontractors shall be registered with the Town and must comply with all applicable ordinances, rules and regulations. C. Conditions Prior to Construction. Prior to authorizing construction, the Town Engineer shall be satisfied that the following conditions have been met: 1. The approved preliminary plat and site plan reflect all Town conditions of approval. Resolution 13-34 Page 5 of 19 I All required plans and contract documents, if any, shall have been completed and filed with the Town. 3. All necessary easements or dedications required for public facilities and improvements, as shown on the approved preliminary plat, shall be conveyed solely to the Town by final plat. 4. All contractors participating in the construction shall be presented with a set of approved plans bearing the Town Engineer stamp of release. These plans must remain on the job site at all times. S. A complete list of the contractors, their representatives on the site, and telephone numbers where a responsible party may be reached at all times must be submitted to the Town. 6. All applicable fees must be paid to the Town. 7. The Developer or contractor must furnish to the Town an insurance policy of general liability in the amount of $1,000,000 naming the Town as additional insured, prior to the commencement of any work within the development, or construction of the improvements by the Developer of contractor. D. Inspections. Construction of all improvements to be completed by the Developer shall be subject to periodic inspections by the Town Engineer or the Town Engineer's designee. The Developer shall be responsible for completing and/or correcting public improvements completed by the Developer not constructed in accordance with the Town approved construction plans. Any change in design required during construction shall be reviewed and approved by the Town Engineer. E. Commencement of Excavation. The Developer may commence excavation for upon the date of the Town Engineer issuing comments for his initial review of the Engineering Plans or not sooner than ten (10) days following submission of the Engineering Plans, which shall include submission of the Mass Grading Construction Plans. F. Initial Allotment of Building Permits. Building permits for this Development will be allotted and issued according to Section 3 and Exhibit 7 of Ordinance No. 703 for PD 1-2. There will be no building permits for the Development issued until all public and private infrastructure for Phase 1, as shown on the approved Development Plan and Preliminary Plat for the Development, has been completed and accepted by the Town, unless a separate agreement for issuance of building permits that amends this Agreement has been entered into and agreed to by the Town and the Developer. Resolution 13-34 Page 6 of 19 SECTION 4 DEVELOPER'S OBLIGATION A. Open Space and Lighting Plan 1. The Developer shall submit to the Town Manager, or his designee, a Landscape, Open Space and Lighting Plan that complies with all Town Ordinances, Codes, rules and regulations. Upon review by the Town Manager, or his designee, the Town Manager may approve or deny the submittal or refer the submittal to P&Z and or Council for review and approval. 2. The Developer shall construct, maintain and be responsible for any and all costs associated with, and necessary to provide open space improvements included in the Town approved Landscape, Open Space and Lighting Plan. Plans for the improvements must be submitted to the Town Manager for approval before work is commenced. In addition to any other improvements to be constructed and maintained by the Town's ordinances, rules and regulations, the Developer covenants to construct the following improvements which shall be solely the Developer's cost: a. Twelve feet (12') and Eight feet (8') wide concrete hike and bike trails within and surrounding the entire Development as depicted on the approved Development Plan. B. Agreement to Escrow Within forty-five (45) calendar days of construction plan approval, the Developer shall escrow funds as stipulated to complete the design and construction necessary to support roadway and signalization improvements listed herein. 1. Thoroughfare and Signal Improvements a. Traffic Study The Developer represents that they have submitted an updated traffic study acceptable to the Town that includes estimated completion costs for various on and off-site traffic and transportation improvements described as follows: (i) Solana Boulevard completion (ii) Traffic signal at FM 1938/Davis Blvd and Solana Boulevard (iii) Traffic signal at the intersection of Solana Blvd and the unnamed road which will serve as the main entry into the Entrada development and which will be designed to line up with the main entry off Solana Blvd. to PD 1-3 "Granada" Resolution 13-34 Page 7 of 19 2. Solana Blvd. Within forty-five (45) calendar days of construction plan approval, the Developer shall place into escrow funds or equivalent letter of credit or performance bond in form and substance reasonably acceptable to the Town as the Town deems sufficient to design and construct eighty-eight percent (88%) of the cost estimated in the traffic study for Solana Blvd. improvements, Attachment "D", necessary to accommodate traffic volumes as described in the traffic study. Should escrowed amount, letter of credit, or performance bond that is provided by the Developer, as estimated in Attachment "E", be deemed insufficient to at the time of construction to complete the required improvements, the Developer shall provide additional funds to cover the difference between the actual and estimated costs. Traffic Signal — FM 1938/Davis Blvd. and Solana Blvd. Within forty-five (45) calendar days of construction plan approval, the Developer shall place into escrow funds or equivalent letter of credit or performance bond in form and substance reasonably acceptable to the Town as the Town deems sufficient to design and construct eiahty-eight percent (88%) of the cost estimated in Attachment "E" necessary to complete the improvements identified in the traffic study, Attachment "D for traffic signals at the intersection of FM 1938/Davis Blvd. and Solana Blvd. Should escrowed amount, letter of credit, or performance bond that is provided by the Developer, as estimated in Attachment "E", be deemed insufficient to at the time of construction to complete the required improvements, the Developer shall provide additional funds to cover the difference between the actual and estimated costs. 4. Traffic Sianal — Solana Blvd and unnamed road into Entrada and Granada. Within forty-five (45) calendar days of construction plan approval, the Developer shall place into escrow funds or equivalent letter of credit or performance bond in form and substance reasonably acceptable to the Town as the Town deems sufficient to desian and construct eighty-eight (88%) of the cost estimated in Attachment "E" necessary to complete the improvements identified in the traffic study, Attachment "D at the intersection of Solana Blvd. and the unnamed road which shall enter into PD 1-2 "Entrada" and PD 1-3 "Granada". Should escrowed amount, letter of credit, or performance bond that is provided by the Developer, as estimated in Attachment "E", be deemed insufficient to at the time of construction to complete the required improvements, the Developer shall provide additional funds to cover the difference between the actual and estimated costs. 5. Traffic Signal — Solana Blvd and SH 114 - Within forty-five (45) calendar days of construction plan approval, the Developer shall place into escrow funds or equivalent letter of credit or performance bond in form and substance reasonably acceptable to the Town as the Town deems sufficient to desian and construct eiahty-eight percent (88%) of the cost estimated in Attachment "E" necessary to complete the improvements identified in the traffic study for traffic signals, Attachment "D", at the intersection of Solana Blvd. and SH 114. Should escrowed amount, letter of credit, or Resolution 13-34 Page 8 of 19 performance bond that is provided by the Developer, as estimated in Attachment "E", be deemed insufficient to at the time of construction to complete the required improvements, the Developer shall provide additional funds to cover the difference between the actual and estimated costs. 6. Signalization Warrants The Town shall cause the signalization improvements to be constructed at such time as warranted according to TXDOT warrant standards and the approval of the Town Manager. D. Maintenance of Entrada Improvements The Developer, and/or Public Improvement District and/or Propertv Owners Association shall perpetually maintain improvements as shown on the approved Concept. Development, and/or Site Plans or the approved Preliminary Plat. whether on public or private property, as follows: a. all irrigation. b. all landscaping, c. all sidewalks and trails d. water features e. Dublic art E all Drivate or publicly dedicated streets g. all Drivate or Dubliclv dedicated drainage infrastructure h. and all other improvements that occur within the development, with the exception of publicly dedicated water, sanitary sewer. and telecommunication ductbank infrastructure within the development as defined by: i. the east curb of FM 1938/Davis Blvd to the development; ii. the north curb of Solana Blvd.. iii. the east development boundarv: iv. and the southern curb of SH 114. 2. All trails. as shown on the Development Plan. or Site Plan(s) or Preliminary Plat. whether built on Dublic rights-of-wav or DeveloDer's Dropertv. will be Dubliclv accessible and maintained in DerDetuity by the Developer, and/or Public Improvement District and/or Property Owners Association. E. Streetscape Improvements Streetscape improvements on FM 1938/Davis Blvd. and Solana Blvd. shall be submitted with the Landscape, Open Space and Lighting Plan and shall comply with the Streetscape Plan prepared by Schrickel Rollins (SRA) attached hereto as Attachment "B". a. Streetscape improvements shall be completed prior to approval of a Final Plat or satisfaction of requirements in Section 2.E. Resolution 13-34 Page 9 of 19 b. Construction plans for streetscape improvements shall be approved by the Town Manager or his designee prior to the beginning of construction. C. Streetscape improvements shall be completed by and perpetually maintained by the Developer. F. Lot Landscaping The Developer shall require that the homebuilders in the development be responsible for providing landscaping for each individual lot as required by the PDI -2 zoning ordinance, the approved Development Plan, and/or any approved Site Plans for the Development. G. Amenities 1. All Development signage and associated landscaping shall comport to the approved Development Plan, and must be approved by the Town prior to construction. All subdivision signage will be owned and maintained by the Developer or the Property Owners Association. 2. Culverts, where required, shall consist of stone -faced construction and shall be approved by the Town as set forth in the Town of Westlake's Code of Ordinances. H. Westlake Academy pact 1. As set forth in the Economic Developer's Agreement approved by Town Council Resolution 13-17, the Developer agrees to pay to the Town the sum of $10,000 for each residential unit depicted on the approved Development Plan and Site Plan(s) for Entrada, attached hereto as Attachment "C" which shall be used for the benefit of the Westlake Academy. a. the amount of payment will be calculate by multiplying the total number of lots depicted on each approved final plat by $10,000; b. the amount for each final plat being due and payable to the Town prior to the signing of the final plat with said date for signing of the final plat not occurring more than thirty (30) calendar days after the final plat is approved by the Town. C. Delayed and/or insufficient commitments of these payments will Resolution 13-34 Page 10 of 19 affect issuance of building permits under the terms of this Agreement, the Economic Development Agreement dated April 22, 2013 and Ordinance No. 703. Reimbursement of Legal and/or Consulting Fees The Developer shall reimburse the Town for actual costs of legal and/or consulting fees incurred by the Town related to the preparation and review of this Aareement, and all other related documents deemed necessary by the Town related to the Development. 2. Such reimbursement of fees are due and payable by the Developer upon receipt of invoices from the Town. Parkland Dedication Fees As contemplated in the approved Economic Development Agreement for this Development, parkland dedication fees in their entirety for this Development are waived by the Town and considered to be met in full through the approved Development Plan which provides for a 10 acre Town lake, 12' perimeter trails throughout most of the development as well as trail connectivity to adjacent tracts and roadways as well as provision of public and private open spaces/plazas within the Development. K. Provision of Town Hall Site Developer agrees to comply with the terms of Section 5.2(h) contained in their Economic Development Agreement with the Town approved by the Town by Resolution 13-17 for reserving a Town Hall Site in the Development. L. Developer Warrants Use of Town of Westlake Water and Sanitary Sewer Services The Developer warrants and agrees that he has requested and will receive potable water and sanitary sewer service for the Development from the Town. SECTION 5 TOWN'S OBLIGATIONS A. The only publicly dedicated infrastructure for which the Town will have perpetual maintenance responsibility will be the potable water system, sanitary sewer system, and the telecommunication duct bank infrastructure. SECTION 6 DEFAULT, TERMINATION AND FAILURE BY THE DEVELOPER TO MEET VARIOUS DEADLINES AND COMMITMENTS. Resolution 13-34 Page 11 of 19 A. Failure to Pay Town Taxes or Fees An event of default shall occur under this Agreement if any legally -imposed Town taxes or fees owed on or generated by the Development become delinquent and the Developer or the Affiliate does not either pay such taxes or follow the legal procedures for protest and/or contest of any such taxes. In this event, the Town shall notify the Developer in writing and the Developer shall have sixty (60) calendar days to cure such default. If the default has not been fully cured by such time, the Town shall have the right to terminate this Agreement immediately by providing written notice to the Developer and shall have all other rights and remedies that may be available to it under the law or in equity. B. Violations of Town Code, State or Federal Law An event of default shall occur under this Agreement if any written citation is issued to the Developer or an Affiliate due to the occurrence of a violation of a material provision of the Town Code in the Development (including, without limitation, any violation of the Town's Building or Fire Codes, and any other Town Code violations related to the environmental condition of the Development, or to matters concerning the public health, safety or welfare) and such citation is not paid or the recipient of such citation does not properly follow the legal procedures for protest and/or contest of any such citation. An event of default shall occur under this Agreement if the Town is notified by a governmental agency or unit with appropriate jurisdiction that the Developer or an Affiliate, or any successor in interest thereto or any third party with access to the Development pursuant to the express or implied permission of the Developer or an Affiliate, or any a successor in interest thereto, is in violation of any material state or federal law, rule or regulation on account of the Development, improvements in the Development or any operations thereon (including, without limitation, any violations related to the environmental condition of the Development; the environmental condition on other land or waters which is attributable to operations of the Development; or to matters concerning the public health, safety or welfare). Upon the occurrence of such default, the Town shall notify the Developer in writing and the Developer shall have (i) thirty (30) calendar days to cure such default or (ii) if the Developer has diligently pursued cure of the default but such default is not reasonably curable within thirty (30) calendar days, then such amount of time that the Town reasonably agrees is necessary to cure such default. If the default has not been fully cured by such time, the Town shall have the right to terminate this Agreement immediately by providing written notice to the Developer and shall have all other rights and remedies that may be available to under the law or in equity. C. General Breach Resolution 13-34 Page 12 of 19 Unless stated elsewhere in this Agreement, the Developer shall be in default under this Agreement if the Developer breaches any term or condition of this Agreement. In the event that such breach remains uncured after thirty (30) calendar days following receipt of written notice from the Town referencing this Agreement (or, if the Developer has diligently and continuously attempted to cure following receipt of such written notice but reasonably requires more than thirty (30) calendar days to cure, then such additional amount of time as is reasonably necessary to effect cure, as determined by both Parties mutually and in good faith), the Town shall have the right to terminate this Agreement immediately by providing written notice to the Developer. SECTION 7. NO INDEPENDENT CONTRACTOR OR AGENCY RELATIONSHIP It is expressly understood and agreed that the Developer shall not operate as an independent contractor or as an agent, representative or employee of the Town. The Developer shall have the exclusive right to control all details and day-to-day operations relative to its operations and obligations that it is required to perform under the Agreement and shall be solely responsible for the acts and omissions of its officers, agents, servants, employees, contractors, subcontractors, licensees and invitees. The Developer acknowledges that the doctrine of respondeat superior will not apply as between the Town and the Developer, its officers, agents, servants, employees, contractors, subcontractors, licensees, and invitees. The Developer further agrees that nothing in this Agreement will be construed as the creation of a Developer or joint enterprise between the Town and the Developer. SECTION 8 INDEMNIFICATION THE DEVELOPER, AT NO COST OR LIABILITY TO THE TOWN, AGREES TO DEFEND, INDEMNIFY AND HOLD THE TOWN, ITS OFFICERS, ELECTED AND APPOINTED OFFICIALS, AGENTS, ATTORNEYS, SERVANTS AND EMPLOYEES, HARMLESS AGAINST ANY AND ALL CLAIMS, LAWSUITS, ACTIONS, COSTS AND EXPENSES OF ANY KIND, INCLUDING, BUT NOT LIMITED TO, THOSE FOR PROPERTYDAMAGE OR LOSS (INCLUDING ALLEGED DAMAGE OR LOSS TO THE DEVELOPER' BUSINESS AND ANY RESULTING LOST PROFITS) AND/OR PERSONAL INJURY, INCL UDING DEATH, THAT MAY RELATE TO, ARISE OUT OF OR BE OCCASIONED BY (i) THE DEVELOPER' BREACH OF ANY OF THE TERMS OR PROVISIONS OF THIS AGREEMENT; OR (ii) ANY ACT OR OMISSION OR INTENTIONAL MISCONDUCT OF THE DEVELOPER, ITS OFFICERS, AGENTS, Resolution 13-34 Page 13 of 19 ASSOCIATES, EMPLOYEES, CONTRACTORS (OTHER THAN THE TOWN, OR ITS EMPLOYEES, OFFICERS, AGENTS, ASSOCIATES, CONTRACTORS OR SUBCONTRACTS), OR SUBCONTRACTORS DUE OR RELATED TO, FROM, OR ARISING FROM OPERATION AND COND UCT OF ITS OPERATIONS AND OBLIGATIONS OR OTHERWISE TO THE PERFORMANCE OF THIS AGREEMENT. SECTION 9 INDEMNITY AGAINST DESIGN DEFECTS APPROVAL OF THE TOWN ENGINEER OR OTHER TOWN EMPLOYEE, OFFICIAL, CONSULTANT, EMPLOYEE, OR OFFICER OF ANY PLANS, DESIGNS OR SPECIFICATIONS SUBMITTED BY THE DEVELOPER UNDER THIS AGREEMENT SHALL NOT CONSTITUTE OR BE DEEMED TO BE A RELEASE OF THE RESPONSIBILITY AND LIABILITY OF THE DEVELOPER, ITS ENGINEER, CONTRACTORS, EMPLOYEES, OFFICERS, OR AGENTS FOR THE ACCURACY AND COMPETENCY OF THEIR DESIGN AND SPECIFICATIONS. SUCH APPROVAL SHALL NOT BE DEEMED TO BE AN ASSUMPTION OF SUCH RESPONSIBILITY OR LIABILITY BY THE TOWN FOR ANY DEFECT IN THE DESIGN AND SPECIFICATIONS PREPARED BY THE CONSULTING ENGINEER, HIS OFFICERS, AGENTS, SERVANTS, OR EMPLOYEES, IT BEING THE INTENT OF THE PARTIES THAT APPROVAL BY THE TOWN ENGINEER OR OTHER TOWNEMPLOYEE, OFFICIAL, CONSULTANT, OR OFFICER SIGNIFIES THE TOWN APPROVAL OF ONLY THE GENERAL DESIGN CONCEPT OF THE IMPROVEMENTS TO BE CONSTRUCTED. IN THIS CONNECTION, THE DEVELOPER SHALL INDEMNIFY AND HOLD HARMLESS THE TOWN, ITS OFFICIALS, OFFICERS, AGENTS, SERVANTS AND EMPLOYEES, FROM ANY LOSS, DAMAGE, LIABILITY OR EXPENSE ON ACCOUNT OF DAMAGE TO PROPERTY AND INJURIES, INCLUDING DEATH, TO ANY AND ALL PERSONS WHICH MA Y ARISE O UT OF ANY DEFECT, DEFICIENCY OR NEGLIGENCE OF THE ENGINEER DESIGNS AND SPECIFICATIONS INCORPORATED INTO ANY IMPROVEMENTS CONSTRUCTED IN ACCORDANCE THEREWITH, AND THE DEVELOPER SHALL DEFEND AT HIS OWN EXPENSE ANY SUITS OR OTHER PROCEEDINGS BROUGHT AGAINST THE TOWN, ITS OFFICIALS, OFFICERS, AGENTS, SERVANTS OR EMPLOYEES, OR ANY OF THEM, ON ACCOUNT THEREOF, TO PAY ALL EXPENSES AND SATISFY ALL JUDGMENTS WHICH MAY BE INCURRED BY OR RENDERED AGAINST THEM, COLLECTIVELY OR Resolution 13-34 Page 14 of 19 INDIVIDUALLY, PERSONALLY OR IN THEIR OFFICIAL CAPACITY, IN CONNECTION HEREWITH. SECTION 10 NOTICES All written notices called for or required by this Agreement shall be addressed to the following, or such other party or address as either party designates in writing, by certified mail, postage prepaid, or by hand delivery. SECTION 11 ASSIGNMENT AND SUCCESSORS The Developer may at any time assign, transfer or otherwise convey any of its rights or obligations under this Agreement to an Affiliate without the approval of the Town so long as The Developer, the Affiliate and the Town first execute an agreement approved by the Town Council of the Town under which the Affiliate agrees to assume and be bound by all covenants and obligations of The Developer under this Agreement. Otherwise, The Developer may not assign, transfer or otherwise convey any of its rights or obligations under this Agreement to any other person or entity without the prior consent of the Town Council, which said consent may be withheld at the Town's sole discretion, conditioned on (i) the prior approval of the assignee or successor and a finding by the Town Council that the proposed assignee or successor is financially capable of meeting the terms and conditions of this Agreement and (ii) prior execution by the proposed assignee or successor of a written agreement with the Town under which the proposed assignee or successor agrees to assume and be bound by all covenants and obligations of The Developer under this Agreement. Any attempted assignment without the Town Council's prior consent shall constitute a breach and be grounds for termination of this Agreement and following receipt of written notice from the Town to The Developer. Any lawful assignee or successor in interest of The Developer of all rights under this Agreement shall be deemed "The Developer" for all purposes under this Agreement. SECTION 12 COMPLIANCE WITH LAWS, ORDINANCES, RULES AND REGULATIONS This Agreement will be subject to all applicable Federal, State and local laws, ordinances, rules and regulations, including, but not limited to, all provisions of the Town's codes and ordinances, as amended. SECTION 13 GOVERNMENTAL POWERS Resolution 13-34 Page 15 of 19 It is understood that by execution of this Agreement, the Town does not waive or surrender any of it governmental powers or immunities that are outside of the terms, obligations, and conditions of this Agreement. SECTION 14 NO WAIVER The failure of either party to insist upon the performance of any term or provision of this Agreement or to exercise any right granted hereunder shall not constitute a waiver of that party's right to insist upon appropriate performance or to assert any such right on any future occasion. SECTION 15 VENUE AND JURISDICTION If any action, whether real or asserted, at law or in equity, arises on the basis of any provision of this Agreement, venue for such action shall lie in state courts located in Tarrant County, Texas or the United States District Court for the Northern District of Texas — Fort Worth Division. This Agreement shall be construed in accordance with the laws of the State of Texas. SECTION 16 NO THIRD PARTY RIGHTS The provisions and conditions of this Agreement are solely for the benefit of the Town and The Developer, and any lawful assign or successor of The Developer, and are not intended to create any rights, contractual or otherwise, to any other person or entity. SECTION 17 FORCE MAJEURE It is expressly understood and agreed by the Parties to this Agreement that if the performance of any obligation hereunder, other than those obligations contained in Sections 5.2.a of this Agreement, is delayed by reason of war, civil commotion, acts of God, inclement weather that prohibits compliance with any portion of this Agreement, or other circumstances which are reasonably beyond the control or knowledge of the party obligated or permitted under the terms of this Agreement to do or perform the same, regardless of whether any such circumstance is similar to any of those enumerated or not, the party so obligated or permitted shall be excused from doing or performing the same during such period of delay, so that the time period applicable to such requirement shall be extended for a period of time equal to the period such party was delayed. SECTION 18 INTERPRETATION Resolution 13-34 Page 16 of 19 In the event of any dispute over the meaning or application of any provision of this Agreement, this Agreement shall be interpreted fairly and reasonably, and neither more strongly for or against any party, regardless of the actual drafter of this Agreement. SECTION 19 SEVERABILITY CLAUSE. It is hereby declared to be the intention of the Parties that sections, paragraphs, clauses and phrases of this Agreement are severable, and if any phrase, clause, sentence, paragraph or section of this Agreement shall be declared unconstitutional or illegal by the valid judgment or decree of any court of competent jurisdiction, such unconstitutionality or illegality shall not affect any of the remaining phrases, clauses, sentences, paragraphs or sections of this Agreement since the same would have been executed by the Parties without the incorporation in this Agreement of any such unconstitutional phrase, clause, sentence, paragraph or section. It is the intent of the Parties to provide the economic incentives contained in this Agreement by all lawful means. SECTION 20 CAPTIONS Captions and headings used in this Agreement are for reference purposes only and shall not be deemed a part of this Agreement. SECTION 21 ENTIRETY OF AGREEMENT This Agreement, including any attachments attached hereto and any documents incorporated herein by reference, contains the entire understanding and agreement between the Town and The Developer, and any lawful assign and successor of The Developer, as to the matters contained herein. Any prior or contemporaneous oral or written agreement is hereby declared null and void to the extent in conflict with any provision of this Agreement. Notwithstanding anything to the contrary herein, this Agreement shall not be amended unless executed in writing by both parties and approved by the Town Council of the Town in an open meeting held in accordance with Chapter 551 of the Texas Government Code. SECTION 22 COUNTERPARTS This Agreement may be executed in multiple counterparts, each of which shall be considered an original, but all of which shall constitute one instrument. Resolution 13-34 Page 17 of 19 EXECUTED as of the last date indicated below: TOWN OF WESTLAKE: By: Thomas 9. Brymer Town Manager MAGUIRE PARTNERS-SOLANA LAND, L.P. By: MMM Ventures, LLC, it general partner By: 2M Ventures, LLC, its manager By: i Medrdad Moayedi Date: Date: APPROVED AS TO FORM AND LEGALITY: LOW i own ATiorney ATTACHMENTS \0128 � V3 "A" — Entrada Boundary Description and Map "B" — Schrickel Rollins FM 1938 StreetScape Master Plan "C" — Approved Entrada Development Plan and Preliminary Plat "D" — Traffic Impact Analysis - Westlake Entrada &. Granada- Summary and Exhibits 10- 11 "E" — Engineer's Opinion of Probable Cost for Solana Blvd. Resolution 13-34 Page 18 of 18 ATTACHMENTS "A" — Entrada Boundary Description and Map "B" — Schrickel Rollins FM 1938 StreetScape Master Plan "C" — Approved Entrada Development Plan and Preliminary Plat "D" — Traffic Impact Analysis - Westlake Entrada &. Granada- Summary and Exhibits 10- 11 "E" — Engineer's Opinion of Probable Cost for Solana Blvd. Resolution 13-34 Page 19 of 19 Exhibit A LEGAL DESCRIPTION 85.921 Ac. BEING all that certain lot, tract or parcel of land situated in the C.M. Throop Survey, Abstract Number 1510, the W. Medlin Survey, Abstract Number 1958 and the Joseph Henry Survey, Abstract Number 742, Tarrant County, Texas, and being part of that certain tract of land described as Tract 2B in deed to Maguire Partners - Solana Land, L.P., recorded in Volume 16858, Page 176 of the Deed Records of Tarrant County, Texas and being more particularly described as follows: BEGINNING at a 1/2" capped rebar found stamped "Huitt & Zolars" at the southeast corner of Lot 1, Block 1, Westlake/Southlake Park Addition No. 1, an addition to the Town of Westlake according to the plat thereof recorded in Volume 388-214, Page 78 of the Plat Records of Tarrant County, Texas, and being on the southerly right-of-way line of State Highway 114; THENCE S 89027'05" W, 2132.54 feet, to a 5/8" capped rebar found stamped "Carter & Burgess" at the northwest corner of Lot 2, Block 1 of said Westlake/South Park Addition No. 1; THENCE S 51027'05" W, 1000.00 feet, to a 5/8" capped rebar found stamped "Carter & Burgess" at the westerly northwest corner of said Lot 2; THENCE S 00032'55" E, 168.65 feet, to a 5/8" capped rebar found, being on the northeasterly line of Kirkwood Boulevard, as described in deed, recorded in document number D208427746 of the Deed Records of Tarrant County, Texas; THENCE with the North line of said Kirkwood Boulevard the following seven (7) courses and distances: With the arc of a curve to the left, having a radius of 1428.00 feet, a central angle of 9°12'55", an arc length of 229.68 feet, and whose chord bears N 48°26'34" W, 229.43 feet, to a 1/2" capped rebar found stamped "Graham"; N 53003'02" W, 32.60 feet, to a 1/2" capped rebar found stamped "Graham"; With the arc of a curve to the right, having a radius of 612.00 feet, a central angle of 18°54'50", an arc length of 202.03 feet, and whose chord bears N 43035'38" W, 201.11 feet, to a 1/2" capped rebar found stamped "Graham"; With the arc of a curve to the right, having a radius of 812.00 feet, a central angle of 24°06'48", an arc length of 341.74 feet, and whose chord bears N 22°04'51", 339.22 feet, to a 1/2" capped rebar found stamped "Graham"; N 10 24001'27" W, 132.24 feet, to a 1/2" capped rebar found stamped "Graham"; With the are of a curve to the left, having a radius of 70 8. 00 feet, a central angle of 45°43'19", with an arc length of 564.98 feet, and whose chord bears N 32°53'07" W, 550.11 feet, to a 1/2" capped rebar found stamped "Graham' ; N 55044'46" W, 190.40 feet, to a 1/2" capped rebar set stamped "G&A Consultants" at the south end of a corner clip at the intersection of said Kirkwood Boulevard and the easterly line of Precinct Line Road as described in deed, recorded in document number D 208427746 of the Deed Records of Tarrant County, Texas; THENCE N 09°29'49" W, 21.47 feet, to a 1/2" capped rebar set stamped "G&A Consultants" at the north end of said corner clip; THENCE along the east line of said Precinct Line Road, the following three (3) courses and distances; With the arc of a curve to the left, having a radius of 1432.50 feet, a central angle of 16°09'58", an arc length of 404.18 feet, and whose chord bears N 26°29'01" E, 402.84 feet, to a 1/2" capped rebar set stamped "G&A Consultants"; N 18024'02" E, 185.45 feet, to a 1/2" capped rebar found stamped "Graham"; N 16030'10" E, 322.56 feet, to a 1/2" rebar found at the south end of a corner clip at the intersection of said Precinct Line Road and State Highway 114; THENCE N 59033'30" E, 44.59 feet, to a 5/8" rebar found in concrete, at the north end of said State Highway 114; THENCE along the south line of said State Highway 114, the following eight (8) courses and distances; S 71036'30", 254.55 feet, to a Brass Texas Department of Transportation (TxDot) Monument found; Resolution 13-34 Pagel of 3 S 77059'00" E, 746.74 feet, to a Brass TxDot Monument found; S 71°36'25" E, 1443.85 feet, to a Brass TxDot Monument found; S 63°07'25" E, 404.34 feet, to a Broken Brass TxDot Monument; With the arc of a curve to the right, having a radius of 2709.79 feet, a central angle of 8°19'09", an arc length of 393.46 feet, and whose chord bears S 58°57'40" E, 393.11 feet, to a Brass TxDot Monument found; S 54048'10" E, 399.24 feet, to a Broken Brass TxDot Monument; S 64052'25" E, 56.55 feet, to a 5/8" capped rebar found stamped "Huitt & Zolars"; With the arc of a curve to the right, having a radius of 2754.79 feet, a central angle of 2°13'56", an arc length of 107.33 feet, and whose chord bears S 43046'50" E, 107.32 feet, to the POINT OF BEGINNING and containing approximately 85.921 acres of land. Resolution 13-34 Page 2 of 3 ' I I I � .1f 1�►r� - ' � I I / M I � l f .wAup f-`4-- Al Is I` u rr-r Y P77 .y q I,•'� - 1Ntrossil• j #. j^ S 7 l r • O.A fs Ar -.•L-.a-----r—q._ _ u�,1M Me f IN e �� L�p. \ �) r ' r 4 ` ' r# > Z �` , f4P?' ' • i i 'r 4M 1 ,, 1dX &M .ter, ♦.''i •„r:.a s.'.. I 3' TL r ,f0311YM"r-T-- a to „, n ?.{� a 4:' -+,� �+ ;1 a 'A Al►wi-lt l y ttr._• R .1.1d.4t✓3 :i l 1 i A H% ,arcsi a +, J .[I ir,A< 5.._ K e r"•h r'vw' `. 'G,:.0 +-�.lKl'.3 t3+: 5i •`i L�.�— , r_.._. 1. a ``-_ . } i • \ ,KKK ¢___ -iiia --t/—, 1 3 AM .I#.ifs 1111P"P i r-. .�+•:_ �w,na,.t�o. J' s' '-�Ya+o� 4,;, I J1'w�V �.-: MAY r 537.'S: `i� o ru ♦ r.. y�l ' > „c �.+ : isl a+w.: TOM ti L AC.RJf A i -� .oft11 - �. !' ��''.�-:,;_ :w.rrY.�•J a .1 1,. r.nY,y tt:aa • �„t y3n.r ' 7M .. 3dr3tlU _.Y ... ... i Arm" 7 xM0 I .a.0 sa,. ! �fp � � �.ff} miss ', r = i 111L -1n 1 3313 i t 1M_f_ .6i.EC49 JI.._- Pow 00 010' -V � W,44 -114-0- Resolution 13-34 Acknowledgements Mayor: Laura Wheat Town Council: Clifton Cox David Levitan Rick Rennhack Tim Brittan Carol Langdon Staff: Thomas E. Brymer, Town Manager Jarrod Greenwood, Public Works Superintendent Consultant Team: Schrickel, Rollins and Associates, Inc. TOWNSCAPE, Inc. PAAL 'TOWNSCAPE'. INC. E LWM Exhibit B Resolution 13-34 Table of Contents Pages Introduction........................................................................ 1,2 Purpose of die Plan Observations and Impressions ...... ............................... 3,17 PreUminaiy Concepts TxDOT Standards within the Corridor PublicInput ........................................................................ 18 Design Vocabulary Placemaking Elements Master Plan Exhibit B Resolution 13-34 ............ 19,25 ............. 26,30 .. inserted 0 Introduction The Town of Westlake is known for its scenic beauty of rolling hills dotted with majestic Post Oaks and quiet ponds. The Towns rural character and stewardship of its valuable natural features is recognized and honored as a model development in the State of Texas. Dedication to protecting the cities rural character, while adapting to change and growth, led to the creation of the F.M. 1938 Master Plan. EM. 1938, formerly Precinct Line Road, will be a regional four -lane arterial constructed by the Texas Department of Transportation (TxDOT). This road will serve as a major commuter route linking S.H.114 through Westlake, Southlake, and Keller. The existing Precinct Line Road terminates in a cul-de- sac and has limited driveway access to the adjoining Fidelity and Solana corporate campuses and the Vaquero residential development. Traffic in the area is channeled around these large tract developments resulting in increased congestion and safety concerns on the surrounding local streets. The widening of EM. 1938 will relieve congestion on local roadways such as Dove Road and Ottinger Road. In addition to the improved vehicular circulation, a pedestrian trail system will be added to the F.M. 1938 corridor and serve as a catalyst to the towns trail system and a Exhibit B Resolution 13-34 potential future pedestrian linkage to the communities of Southlake and Keller. The F.M. 1938 Streetscape Master Plan has been developed as the town's plan to anticipate how this growth in the communities' infrastructure should coincide with the town's standards of aesthetics and development. This Master Plan will serve as a guide for the development of F.M. 1938 between S.H. 114 and the Westlake town limit, just south of Randol Mill Road. a, 0 , r• ..__�. - r EA5TATF— e tD . 4w The Town of Westlake hired the design team of Schrickel, Rollins and Associates, Inc. (SRA) and Townscape, Inc., to assist them in developing the streetscape master plan for the F.M. 1938 corridor. The responsibilities of the design team were to collect data, study the proposed TxDOT plans for the roadway, inventory and analyze existing conditions, collect input from stakeholders, and develop final recommendations for the corridor's streetscape. Purpose of the Plan The primary purpose of the Master Plan is to reinforce the "rural character" by creating a strong visual identity for the area through the implementation of intensive landscaping, signature gateways and pedestrian friendly amenities within the setting of the F.M. 1938 expansion and its (4) lane divided street section. Furthermore, the document will identify the design process, observations and impressions of the town's character, and identify elements that influence the design philosophy and contribute to the corridor's identity and sense of place. These recommendations will be the guiding principles for all development along the EM. 1938 corridor and will be the initial phase of a Town Corridor Plan. Specific goals for this document include: • Create a pedestrian realm that is safe and inviting along F.M. 1938 with the creation of a conceptual plan that addresses- public art, pedestrian amenities, hardscape, accessibility, landscape, gateway monuments, and wayfinding. • Creating a unique identity for the corridor by drawing inspiration from the community's natural features, colors, textures, architecture, and plant materials. • Blending TxDOT standards with the aesthetics needs of the Town of Westlake. Exhibit B Resolution 13-34 Observations and Impressions In order to understand the Town of Westlake's character, the design team became immersed in the community's landscapes documenting its scenic features, which would be the inspirational elements that would tie together a unique identity. Following is a photomontage of the architectural features, landscape, materials, textures, and colors that make up the Town of Westlake. These impressions would then inspire a Palette of forms and materials that would later develop into the corridors "design vocabulary". Design Palette • Native sandstone • Native fossilized limestone • Large river cobbles • Hand wrought iron • Color accents • Texas native trees, shrubs and grasses in bold rhythmic patterns • Pure geometries- timeless classic forms • Westlake "brand" repeated in architectural and hardscape elements yep'I . Exhibit B Resolution 13-34 I T.f:rriYr �� r • 'fir T. � �� � I a...rari ww I I:.l 1. 19.i,ti (' tit riJnr IlrnfrI. Trawl lrrit-of ul N'r,ll,A �i,�' 't• a ilt"' ', v ►� d 41 �9r {�: 1 r ffe`=�1 fi.11. 19.i;i (�urriilur.Wuatrr 1'Jurr 7i>n•n uJ 11'csN�rfa• 5 Ic F.M. 1938 Corridor .luster Plan - 7im-pi ofli c.ktlake oil ISO— -4 mmdwmiw — I pi 00 "m Alt ;S ('011111 V AIIIaer PILIII - 101i'll Of/ IVd--,,h$Ae A16. ;S ('011111 V AIIIaer PILIII - 101i'll Of/ IVd--,,h$Ae 41 lbw es: _4 j, 13 7' 4!4 loom V AL 1933 l brriJnr llasfrr flan • lmrn r)( 11't•elhihe 9 Resolution 13-34 f'T ierq�Gr[ag r—f+.— irwi5� "a'8iY[f.9jt k e 1100,i ".<. f .a t' -5-5 f't t ri2cdiR.gB a _ V 4•_•�i�rsiiyrd�a� .-- �ii:5'i"»ci11 ,�—'.__..__. t//,�.itE�, unfuf n��}•; 4i 'J qia�+�25` sy7five r•I�MT .[ ' r' 'Pis .s i q .. r.� ' btu• -+� r � � , ''I r Ga � • � ".ho ¢ n. � � #tet :zii l:ay,#- �• ,:1,'�w.� cr _ � � •�. i _ J NL Exhibit B Resolution 13-34 i - -,-------- 4 �nla'{ald ey- _ ..........---- ------- f xDOT ---- TxDOT Standards within the Corridor Any enhancements to a state roadway must comply with the requirements set forth by the Texas Department of Transportation. TxDOT has a series of standards that apply to all project enhancements that encompass- planting, lighting, paving, signage, signalization, and vertical elements along the roadway. These items are identified in the Landscape Aesthetics Design Manual that was adopted by TxDOT in 2009. The following is a condensed list of items that will affect the design and construction of this corridor: • No tree canopy should extend past the curb. • There should be a minimum two -foot mowstrip adjacent to median curbs. • Plants must be drought tolerant (xeric) and only drip irrigation is allowed. • Vegetation must be kept at a vertical height appropriate for visibility triangles and views across the median. Exhibit B Resolution 13-34 s f f I W 10 .10 go Id so io • 110 no so go r1 go At 90 r✓ r do io go 40 Preliminary Concept The preliminary concept was used to determine how to introduce color, texture, and enhancements into the TxDOT four -lane divided boulevard design. These simple graphics were used to develop points of interest or "pulse points" by gradually building up the level of visual interest as a pedestrian or vehicle neared an intersection. This rhythm of elements can be experienced in the use of enhanced paving in the sidewalks and crosswalks, the use of plant materials, and other site elements that give indicators of the approaching intersection. This repetition throughout the corridor helps to communicate to its user a sense of design and cohesiveness to the roadway that is subtle yet perceivable. irow • ! . —•sr j�CifMt r s 7T7. p —11 4e- �. �...."A:: 7 Exhibit B Resolution 13-34 :j - Exhibit B Resolution 13-34 47A Exhibit B Resolution 13-34 ... ..... ..... 4.- A, 41k 1;e!l ty t Exhibit B Resolution 13-34 21L *tw, im Ormumto'c II.I.- > P-24) Resolution 13-34 a I Exhibit B Resolution 13-34 Public Input tmum. is Resolution 13-34 r 40 00 r 00 0• 00 Design Vocabulary The image of Westlake's "rural character" begins to suggest a "design vocabulary", a conn used to describe a palette of shapes or forms, textures, colors, materials and details that work together to create a cohesive image or theme. The design vocabulary may include simple pure geometries, native stone and metal, water, native plants, and earth tones. The following design vocabulary features are important to creating a cohesive and distinct identity for the corridor: • The rhythmic repetition of site elements such as street trees, enhanced paving, etc. is used to instill a sense of order and unity throughout the corridor. • Simple geometric forms with high contrast should be used in the intersection design. Overly ornate or complex icons distract vehicular traffic. • Construction materials and street furnishings should be proven elements that are timeless in their setting. These materials should have the durability to withstand heavy traffic such as brick, steel, and enhanced concrete. Other key features to the identity of this corridor include: • Lighting — pedestrian bollard lights. • Site Furnishings — benches, crash receptacles, bollards, tree grates, bike racks, traffic signals and wayfinding signs. • Architectural elements — gateway monuments and landmarks. • Paving — enhanced intersections, crosswalks, and sidewalk treatments. • Landscaping — street trees, median trees, green spaces and ornamental plantings such as shrubs and ground covers. ��r,'lli }._..ITM _ ______„ft�yti •{-r�-n t�R-,�_ e v�f: •'. -I•'+.}la \ t / '�""' � '� � 1, � � �i . r•i..: 111 4� � 1 �i j '!�"':',� N r.�l �:'t' � . 'fP� ff t "s�- °f . _. ..,r _-..4 _ 1 _ ;Z.�1'�-Y.!41�5 N' ia�G•G f Gateway Monuments. This vertical sign design incorporates a sknued pillar, recalling die architectural monuments at S.H. 114, and utilizes a variety of native stone materials and earth cone colors. It could be sited at primary roadway entrances to the corridor, Exhibit B Resolution 13-34 0 r-- W 4 L. viftv F OW Secondary Monuments. A family of smaller gateway monuments, trail markers, and bollards could enhance secondary entrances, drives, parks, and greenway trails. These designs mimic the forms and materials of the large gateway monuments. Pedestrian Lighting. The lighting proposed is a series of custom bollards that will compliment the gateway monument. These bollards will be located at the sidewalks beginning one hundred -feet on either side of an intersection. The bollards will continue at the intersection node in order to illuminate pedestrians at the intersection crosswalks. Exhibit B Resolution 13-34 I i ' '63 S ,{ f ` � ���j K.•� ! .. 1- t ,! 4 ,11 ,..r.' / 1'�C `� �.i.. �s;>. 1 ` t� sem: ' � �,., �4�•+/' ry 4 i. v -'R1E }i.ISViaM 4 r.Ai�f .� ter'+ •W y I V 1 'y+l µ i 1 V-' 9" ��`�'4yliti#,>. �•, �"y11C'M .1' )� C�4'r".+ � �,p ,F•. �..�y' Y..'�.� t '��'•�\.y+ ( ....ti � Q ��u{�, fM'7t 1 ���1� r«irt 1 �! . 4"a. ""T' _ s my; {t !/i� 1 '•� � �: '1 . � ! � S v a :s' :. ^^mob- ("� � y � •. ,` .b:"�a"� 1 r • p��" �. �' Fr y.. w r- r.. ..f �' w"1'i� � =\_iC�I•Ir+�'-L *�1r�'+- /•,t.+ .fir' - �` r� .w `N- *r�+r�. - Ni AM; `�� }.� . w..! / \/' `•��"yy\ ���jjt{j�t�j�'fflj /" .t • T •_5.-�/�r R r. f -` •, 11 .:rl!�.-^ .1.�.T . i -1 _ I s . ��i •"'" moi-_.. �`-� (1 +� i ... �1�'^ x ... �' m y.�ij��l�"r Yr��� � ',y f_�pa"°�€•nt'•�.� +C� '� S`�r..i•'], .J.sr`�ai'^S+yc }�yr.'4� :r...'.l�C�-.t!4-r�. ,� ��.-� ' �'�(,•�.y � I ...a: �'•'}rl:. �.�?� .,� � 'r y'r yYW-�1�,^A ,,.,.:mow, T.� Y .,s.. � � - r, �t }rJ °�• ,R,�� < l\ �. ' 1 "r 'd'1 _ .i /L � r a..r..y.[° 1b 1 r ♦y •`I T"1�"' 9 � Exhibit B Resolution 13-34 Color schemes. A number of color schemes inspired by natural materials would be appropriate in the corridor; the scheme chosen should communicate the character of Westlake, and be visible at a distance. These elements must go through TxDOT review and are subject to change. Exhibit B Resolution 13-34 00 r 40 00 00 Shade Structure. In this concept sketch, a shade structure adds to the 40 pedestrian realm with the identifiable architectural motif, which is a continual reminder throughout die corridor of the identity of the area and its pedestrian connectedness. Color schemes. A number of color schemes inspired by natural materials would be appropriate in the corridor; the scheme chosen should communicate the character of Westlake, and be visible at a distance. These elements must go through TxDOT review and are subject to change. Exhibit B Resolution 13-34 Wayfinding Motif Applications. A strong design motif can produce a family of wayfin ding signage to serve a variety of needs throughout the corridor. Their repeated use works in tandem with the streetscape design to visually unify disparate part5 of the community. (Exhibit B Resolution 13-34 Fikv\ \) int r— Section View of Trailhead. A Sense of Place. In this concept sketch, a logo and use of a unified design vocabulary is utilized to create a trail head area with a character that is unique to this corridor. Exhibit B Resolution 13-34 Perspective View of Traiffiea& Exhibit B Resolution 13-34 Placemaking Elements Logo Concept A Logo can evoke the character or identity of a place. The flying" W "logo represents the ranching heritage of Westlake, and the rural character of the community within a simple graphic that is identifiable for vehicular traffic. The logo concept is followed by examples of a unified family of site elements that demonstrate how a design vocabulary can reinforced an image for the corridor. This image/icon can reach further throughout the Town's thoroughfares to define the community, and give cohesiveness as the community grows. Lighting The quality of light can greatly affect the character of the streetscape within the corridor and the perceived sense of whether the area is safe or unsafe. Lighting for pedestrians should be designed to avoid glare and give the pedestrian the ability to see their immediate area as well as their surroundings outside the lighted area. A well -lighted corridor with pedestrian lighting, attention to human scale and appropriate light levels will invite more pedestrian traffic, and help avoid potential nighttime conflicts. Pedestrian lights and streetlights should complement each other as well as the other site furnishings. Currently there is no intention to add streetlights to this corridor in keeping with the rural character of Westlake. Instead, a series of bollard lights are located at the intersection and continue down the sidewalk. Any future additional pedestrian or streetlights beyond the proposed bollard lights would need to blend with the palette of materials identified in this document. Site Furnishings Site furnishings are a major contributor to a pedestrian -friendly environment and include items such as benches, shade structures, trash receptacles, bike racks, signs, traffic signals, tree grates, and bollards. A pedestrian -friendly environment is greatly influenced by one's perceived level of comfort. A shaded place to sit and relax enhances the level of comfort for the pedestrian. Street furnishings can also provide a strong unifying element within the corridor, setting it apart with a distinct identity. The color of the site furnishings should match or compliment the other elements in the design vocabulary. Monuments It is critical for the success of a distinct corridor to have a strong entry statement as it sets the standard and identity for the area as a visual icon. Gateways and landmarks properly located will serve as a visual announcement to let people know they are entering a special area. Paving Enhanced paving treatments are one of the key features in a design vocabulary to introduce color and texture into the streetscape environment. It is also an important component in traffic calming which leads to a safer pedestrian realm. Paving materials should be durable due to the heavy volume of traffic anticipated along F.M. 1938. The enhanced paving allow by TxDOT is stamped and colored concrete. Enhanced pavement materials can be used to establish a pedestrian priority. A change in pavement texture or color signals drivers that the crosswalks are a pedestrian priority area. The rough texture of enhanced paving and contrasting color will be a second indicator for drivers to reduce their speed. �xniun o Resolution 13-34 to to M �r W r Landscaping Street trees are key components to traffic calming and creating a successful streetscape. A tree lined street not only helps define the vehicular corridor, it also defines the pedestrian spaces while introducing rhythmic groupings of color and texture. Street trees are also one of the vertical elements in a streetscape that provide comfort and shade for pedestrians in the heat of the summer and can also produce "visual friction". Visual friction uses vertical and/or horizontal elements within the streetscape, such as street trees, enhanced pavement, etc. to signal drivers that they have entered a pedestrian realm. Drivers perceive they are driving within a pedestrian zone which contributes to a greater awareness and slower speeds. Possuinhaw Holly Red Oak Desert Willoty Cedar Elfin Eastern Red Cedar Exhibit B Resolution 13-34 Bur Oak Hameln Grass Crossvine Weeping Lovegrass jv .r -* t f � 1 � �,. N ,4:. Texas Sage 'Little Bunny' Fountain Grass � r Soft Leaf Yucca Exhibit B Resolution 13-34 00 06 00 00 04 4 04 14 04 04 04 Place Making - A Family of Site Design Elements A number of applications of the name and logo concepts, along with the suggested vocabulary of forms, materials and colors, are illustrated. Although the master plan cannot anticipate or detail every feature that will ultimately make up the visual environment of the corridor, it illustrates sufficient examples of a unified design vocabulary to facilitate translation into other components. Exhibit B Resolution 13-34 Public Art Opportunities The addition of art in the corridor is a great opportunity to add visual interest, strengthen the identity of the area and add to the richness of the public realm. The Westlake Public Arts Society will play a pivotal role in leading the direction of the public art within this corridor. The art pieces should complement the "design vocabulary" in terms of color, form, materials and character. Master Plan The Master Plan, shown on the following page, is the culmination of the street corridor enhancements with the "Place Making Elements" identified along the roadway. A legend is located at the bottom left corner to help identify the plan graphics. The major "pulse points" are identified by the highlighted circles at the intersections of Randol Mill Rd., Dove Rd., Solana Blvd. and S.H. 114. The plan identifies the Randol Mill Rd. and S.H. 114 intersections as opportunities to site Primary Gateway elements. Pedestrian trails are identified stopping at S.H. 114 and Randol Mill Rd. with a connection across the highway at a pedestrian underpass, indicated with a blue highlighted box. The pedestrian underpass is a great opportunity for public art with murals for the tunnel walls or sculpture at the ends of the tunnel, as indicated by an asterisks. Other locations for public art are identified at the intersection of Dove Rd. and S.H. 114. Public art could also be placed at locations along the sidewalk and near the trail head or shade structures. The trailhead and shade structures are identified, on the plan, with a colored dot. The medians are designed to tie into the rural countryside of Westlake with the use of large sweeping masses of canopy trees and native grasses. Visibility triangles are identified for TxDOT to indicate compliance with the visibility requirements within the corridor. Retaining walls will be stamped and stained concrete formliner to replicate a natural stone pattern. The colors and textures chosen will blend and complement with the other site elements. Exhibit B Resolution 13-34 1 Exhibit C a C Resolution 13-34� g n DEVELOPMENT PLAN H U, forpF ENTRADA� 85.921 Acres in the TOWN OF WESTLAKE DENTON & TARRANT COUNTY, TEXAS SEPTEMBER 2013 C,ATFROCP SURVEY,, TNG. %% ¢ W. MED W SURVEY. 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L 1•, 1. L. 9 0., "1 p tAn . TL l .n• N/'.''.I! INIERN I NO b (s w tw !ro nw . Ta .ori . InN 1Any s•.( NOT IiFNOEO D1I FNi pR PLwlrt PwfPc>ns O1A -NNRO, i-ITFe 1E. IE OMAN, Mi., Ae..eu wTc 10)11/2m3 12139R MN]IIIfE P LMD. LP. @21 H F06E. BUI£ 2U CAApLLTOf11EVe I, Neel w.IfpC PP4 fu NON WA19)E Q Qa' H Z W Exhibit C /AaB Resolution 13-34 � x re•H'�o' r J ��..' i X/ r — r aGB H7L'aCt x troy'. I f LPd �y�, 1� .. • � i� =tae '�`h, t i \ f O z W I C{ \ i \ f O z W Exhibit C I- - SCAt> ,�-,00• - 1wW'X m IBI 1wN'X m " C.P.G. Capped R n, Fcund ' ' 0-Idd I.. LM. C.P,i C°ppW Rtlar Bel C.M, COnbd Mmumnt E— Y Ooxn - Wre Mon. Nonumant AM i BenMmah fH Hlerml --H>— .-a CmlOure � R�pusd Cantaure ®Wre WM- atr Meter Cm<rata Pawm.nl W/L Watx Llne �� AepN91! P2wment ICJ- a IMpI'On ambd Vtlw SSVH-O SonIIOY SnW NmAtle --/-�Y-- W°ed Fnu Co- 4onllcy Swv CLvmR �_ Cryaln U,n Fence UP- C U910y tP- # PIld. w--1�H W}e Fmce 79M11 iC TWof Curh R TW of Pmanent m Meemry Wtll i1T Tep FC fal Gvde EgNnO irw II.E. U9y Eminent C.E pulnepe Epx do �� (R) FlOWFe A.L BNIItlInP Ll. P.2.W. MgAt-aFway Cntadlnc of Ruck ----- Swtla ar Watemn Y Deed P.come T omq Sre.. m P.P, Flpt P«mde PA wpW.Or FnCmlmmt F fn Q W Q in W O 0. O w a Detention Routing Detention Routing DETENTION SUMMARY: Pr9lAnin.ry Deumbn ComPumtla:Tv, Enlrntl. DAA Pm9m Or.11—Cln Pl db En d. -DA -0 PROPOSED SURFACE AREA OF LAKE: ±7.0 Ac. 9ne9wNN.d a�w Alx)= sT-142 Duva, k+w+l unra sm,�s 9<ao oneew.•lor>rd A.. nH.q- Slas9 exw"w1,�,1 at.rea Frrd:a 2.000 REQUIRED TOTAL DETENTION: ±10.5 Acre—ft uy1Mn)e 0 10.2 -.�,..�.,,, OUTLET STRUCTURES FOR DRAINAGE rtNlu e: iilo u .�•..,rem..,..I:,, 15.0 Toa. -..,. TeOnlnp te0 Toa 0 Ia. AREAS A & B TO BE SIZED ACCORDINGLY N0T IN— f9" OINa caNgr 1°o>a Q Hau:�ad N4W raa W16n1T/R,6, F-ITa RAE STORM 1 Buntlev I al BOW .Ovn�Nt STORM 1 aln6ly I Oln ileal mquxF PROPOSED DEPTH OF DETENTION: ±1.5 ft a-. P.c. w9 w" a a 190 `Tr44 4)r PpT • 14.4 286. z" 190 X49 4J] 1406 42.9 16779 DATE lo/It/2m3 6 4Mi nr sre 2+0.r az; 24uJ 6 Naa 6315 xre 145.6 Sxs 26693 10 5.53 106.4 6.51 38'11 1.1772 10 563 60.9 651 T6a4 60.9 2.1101 26 e.b0 12].3 I.05 J3;S !2J2 SB471 26 640 71.1 ]58 19!8 71.1 2.9.52 a0 7:0 t3/l 100 70 157.1 6M 624 M40 4004 .J1J 1511 11390 05471 eA iNJ 1" 798 T93 878 640 a21 3111 211.1 791 676 3.49T4 79923 :adc,�mems�a MH4UIfE PAIRtIJM - B%ATU W41 12139R Q ga z LU Exhibit C 15 R Resolution 13-34 PRE UM I If ARY PLA R for ENTRADA U 9 85.921 Acres° in the TOWN OF WESTLAKE TARRANT COUNTY, TEXAS SEPTEMBER 2013 CMaooP 6�U�RVA ABSTRACT N0 50 W. MEDLIN "VEY, AESTRACT NO. +S5S PEA SURVEY. ABSTRACT N0. 1248 WI WAM AC WW 5 XSEPH HESURVEY, ABSTRACT NO. 1558 TA NT COUNT, TEAS �g F— 2 Z W I 1 aWHQ`MT51541Y Sheet List Table PP COVER SHEET "'— PPI PRELIMINARY PLAT PP2 PHELIMINARY PLAT WEST F— W P3 PRELIMINARY PLAT EAST W 2 0P PP4 SUBDIVISION PLAN WEST N PPS SUBDIVISION PLAN EAST W —_ PPB ENTRADA KEY MAPA ^--� + PP7ENTRADA KEY MAP B PPB ENTRADA KEY MAP C PPS ENTRADA KEY MAP D PP10 ENTRADA KEY MAP E PPtl ENTRADA KEY MAP F PP12 ENTRADA KEY MAP G PP13 EXISTING DAM a PP14 PROPOSED DAM WEST PBEtnIwwTPlnny y � ' PP16 PROPOSED DAM EASTun 00 � rirtxlu��E�w'o s PP16 WATER & SEWER PLAN WEST em�amurnw, mwwc, scale: + =+000• PP17 WATER & SEWER PLAN EAST °wxP IC0N,n,:�"P'sww.5.'e°'i PP'e STORM SEWER PLAN WEST po2aa PPI9 STORM SEWER PLAN EAST PP20 STREET SECTIONS OWNER/CEVawm "QUIRE PAARTNIE SE SUE 200 s + CARPDLLTON, TEXAS PE 14081892-7200 0 Fax (469) 092.72D2 Cm1eC JACK OAW9ON H Q Y N.11'Mtl 3[2AAT8@iC CIV6@K@6W@IG CONSULTANTS, LLC 12139R z {AtIDAMVB tN(i IA ATNAP(MRCNRH .��ov-wn...w.w. a. .. •o w�nia.r eneoo w. PP '1 W .{ S a e� Exhibit C Resolution 13-34 1I'I�\\\ 11.69' l� P61.[6' S 7]'89'OJ• L l \". 114 N 1s•Ya•49• r � S ``Lq`�Y�=-� mr., S%i9 '', ���"� h / ~�'�`�.,� 186.56' ,� //•>'•'v \ �''� 5 71'96'PS" �. d' '' �u��'•�.��\��\ 11}9.86• �//,�� �.\, / RSI/91.56' n w' �'' � \ \�� •+ L�IW.BY A Lr -N 26'9442• Y y- r.:� . \ 6 '\ I\ \ 1 44 S 69'0796' Y N 09'29'90' ► � //. y I` R=210.4]7' 21.11' H A S E I ©,., r -'a"°" p .. y`n^^" o-e•re'BB• N 63'008' I LL'n5 68'6710' 2 su 10•Y v� oma Ea w,r9B9.P1' $8,66' '83' 8 AAOB.00' � •v ^ 68.66' / / [•su.se• -fir - 'lJ ,,,.. nHp` - ,. ° ` /n� I..,/ •„. /� `^n �\ as ..,� Av4H51.9B' e-2'19'66' R WTI '!Q`M J ry� x // \� 21289- 8.2785 Y Ln10%S9' 12821,' ;Y '1y"/v dj /,1 \ H17 ,m..2• y". ,=11'06'61- L"l11.]Y LhN 2E'06.OY 4, C S 51224• xwlkh Wa o w.,s� v.�l y. Iaexeewl N>w.ellt.v 0etw, e�aa.axW lak,anlw'Cnrn4 -amNr.W r,°m, am('mun,..u..xq I..a r+rt.mlw.x,vea.yn,N _� �-I,yn°Im4lnaw .illn loo ISmuNn6r�ama.nM�u.Mn:^-�a�rxaorun..+ t Irw°,°rw,,mnn aaxal.nte«.tif Ira^«munvyaa,ax Rn WaW.urr•�r.�x'wnio an mx xm,o.M.m°I,�,:w .�.°nM' aa.e'wxm'uuxrMema W ux,np .waste or >x.�s>wualywm 0le+maaelwwe. y.,vn°.,/ur nn.,,y.°•lewfa'...,n avael.o,.I16.taaE rat ==;111 e-18'61'41• \-\ —S �Op9P'36' 2 i LhN N'05'S6' I L 1.68' j ' 2af.Be' N 69'C9'15' 8280' ,xE nxr R•142d.L0' A=9'19'80' —• •a` 1240.]1' LC -fl IB'EIaab' , 129. , .. .I 0 1°., [°qnr, CnIIM1c°Ir. xOtE3 I e m . e,xe e+ nx r.m ao ° em xwln enuw me (13031. xa0'01 �� >..,na.. nx nm. nv In.ay°uw «tier.°a«I raex ra .°um.na ae«a. • wer..rrn.rn. e.w°vaa. °.°erq'6 Ince a.lema, a °ns aln,e Inas en °>auml °I ilte m°I namer xe:urole mnme �-- J x° nma ,me a>a aw>rls n°. seen xalamm m u. w°»e. Paea, °y 47.:un>arw,Ix ue PRELIMINARY PLAT ENTRADA 85.921 Acres Zoned PD 1-2 IM C.M. THROOP SURVEY, ABSTRACT NO. ISV W. MEDLIN SURVEY, ABSTRACT NC. 1956 WILLIAM PEA SURVEY, ABSTRACT No.'2a6 JOSEPH HENRY SURVEY, ABSTRACT NO. 1958 TARRANT COUNT. TEXAS W. MEDLIN SURVEY. ABSTRACT 1,0. 1588 WILUAM PEA SURVEY. ABSTRACT NO MWS JOSEPH HENRY SURVEY, ABSTRACT NO 623 S S29 DENTON COUNTY TEXAS TOWN OF WESTIAKE Exhibit C Resol ion 13-34 oa0or>n eutnlWv,�a>nt>n>tivo� 1-11—Iotl> Ino1 V a,oeeu C>v'rov7x> of tole ems. u, eve"" ,wvai.. cw�en�a' R=1909.79' MA'19'U9' 8^998.16' 82-5 52.57{" 8 989A SBD.99' 3 8{'58'.45' S 8885 A+875f.79' 9aTi9'S8' PRELIMINARY PLAT ENTRADA 85.921 Acres Zoned PD 1-2 h lhn GM. "OOP SURV4 ,, ABSTRACT NO. ISO V0. NOUN SURVEY, MSS GT NO, Ma WILLIAM PEA SURVEY, AESTRACT NO. 1246 )BEMN HENRY SURVEY, ABSIRACI NQ 1e TARRANT COUNT, TEXAS W. MEDUN SURVEY. ABSTRACT NO, ISM Exhibit C - Resolution 13-34 f; / o HWY 114 011. PA—r. o� k AN%'NFARtE �• 1 RETNNWC WALL a\ %/}'� RETAINNL WALL l'y I d•% l • I �' a mays O G I I xom L �� �\ '/• 1 I' RET w wA 11 II HDM 1 \ RReo usE Q 1 L \�\� Y(� � 111 \ / k` \ ( • � � GARAGE \ - `,� ` N A LE A s \ AE Y� :P.' NEIWN aT / / \� I r•R`:TNMN6 WALL \l �vv \ n \ U \ T �/\\��\\ ) meuwruRY OUNR RC3GENT ` / / / 9O• - \ UU r M 6 66LAH. ll - E. � � � S LN �LLLTLN EEAA6 O rc R— F B o .f. Cp,I" una p vu V d Pun u C. A.S �ppao gdra 4u om . oxaln9 Bu. � e .�wMa i��num Cmla�rs _�_ P.m <e cm swn-o a�9ra, sx.e Fa+�Xx v- H A�pla�Curo "'-'Xy1 K`'e^rlrce iP top of P�lremml IX � umorrY weu I'y o ryimEamm CrMPq tree nl U ` u13i : I m ^ �� (R) +. B.t. Brulhouln< 0 P w Oeeel FacerxY ---C»MIM4r! nnul U!!M, a MA Q W z a z O m p-pgurxurr PIIMB wrznu `n�excw uloisq nor ixrzxcco POR iuPmlianr.w¢ur-ncv goxgr ,wx xuin, .8., c wlPee ons la/xo/xon I 12139R I a W Exhibit C Resolution 13-34 X40 pas EG E 114 im W Ir / 1iy cwuranu �. , 1 GARAGE iREIMNAPV PIARB fIS ee • I W y. R.A ,.�wa�nrua oeFce� SA.�a E%IAI �A 1 aao i mcu� 12139R / \ RETAI-C WALL �y o anPE v III E c.w�oLiion idAs en)'eowa'._m PPB j:- m E /� ^R PdKR�1 DOILAI.t R, a �... CaLE.t"SIO— —__ / � I mi j:- m E m I I a 12139R r MT4t^E P Y C.}�C�y�IQ E�wA'.P - 1 uam ec: wo rrr E /� ^R PdKR�1 DOILAI.t R, � I I a 12139R r MT4t^E P Y C.}�C�y�IQ E�wA'.P - 1 uam ec: wo rrr -Exhibit EE Ar/'' mss' : • 5 �`_ \\�\ \ � \ �r ._.. E IX ° o;° ."mome � OR'rnx"vuµis �ii� YDaPr .mw aDuex, .P 12139R PPtl Q z W E� t!Oil C R6solation 13-34 ol 9. LGII E II II I uj II LU li Z i / ' It RETAuxrc wAu. ' yz•„ n ga I L.� 1 4: �^. Eii cg I ` �I7 "- I A/ I '1 , r RETMNWG WALL PS E I s.... m f IN uj ..�, �'� 1 ® /,1 dr"�a..• I 'II i � a i p \ ` �\ c., �� rvmAOA .rrwnR cwuER°�6. �r»,a ��., n / � E ♦\ •\a� �yy1 6 n p �\ m o Rl � 8 � i '„�` In/ ny • , '�I w of w � RETMHINO WALL � I. \ ' \ \\ �� .9 �/Yfl+tir.°T!'tA'w...-. �� I � ••A..s:.k t+✓n r'G - I � _ �I, 1 i 1 K gV.�7� 4 1 4°W• � 'w' \\/(- \�`\ �;v/soli WAI Lis L1A3 ,.,x 1\`3� w `\♦` 1 i (6- (C 12139R `I �• I1�1; Ip i' ��I �.� I i .m. '.. �\\ ..,, /j\ cunamiµ�no`µ°.v ' - PZ uasl �r Amo rrxo Exhi 13-34 y \\XfTNNNG ( LL a. G E W ,\ W a \\ \ d vnW,eunr nue \ :os wn;%N.f—o rs \ aJ oCOR"eruc R, XOIGt .Vi �u oOWt dR. INV 12139R I ibit C a�ution 4--34,, FMR Texas Ltd Partnership Vol, 014146, Pg. 381 P.R.T.C.T. FMR TexasLtd Pan Vol. 0141 Pg. PRTZ.T 411 G' tv I ?R R z LU I 12139R I Exhibif �., '%I" 1 Resolution 1 lug ... �/ �./HS / sy- 111\\`y`\ 4r � j.. �� /i' •• \ �5 \li 1 I �1j / T , i,, F y\1\\ 1 '�b�£�'�7.uu� / .n.E-. I'•zou' � I'1»�I, I\*'111i111,1�\ 11�1''ll\\\ `y.��i 1 .��\\ \ IC0.f�e CWPrn Reomc mn96 —11�� ?mn°oE Pwa lRm �1 , V 1 � � //' ' 1' / 1 A VII l I S _ ' �� ��" � mai -_• — .. tl� C9nlw:P 2 4A7l l;�r� al\ ./`•_�_._ ''�'�\`1>,\ /^fI _1 .,\I � .81A$`I® r .,..mR[mwlRn�w•s l $ II �,I1lodii liiil�)n'I�PII�\�1 lal 1 I�\ \ (., t'4 : 1 I Ij11111�II ` "yw-. gra, j�.e hua� Q f �rn / lull III \ 1 e \ ` � 11''1 ��uq� `\1 ` � 1 \ \ °\. \ I I'�11 �^.�ii i � aP- G i�ni°NRI`le ury im<er• � 1-V S � p f) '/�'1/l, li j11111\\I\� �` `, •.\ 1 /' `\1 />\�/ii 1 � ``\`\`>\`\ I ) � III �I:'�111 I 1 �' IP toa of Pwemrnt ru>w.r vwl Za; �uzz wk. 1 \t l / ff � •` ' l � 11;x;:` I FRIBi➢RG OAELNYNI{gYPWl9 C9mlxm 6Po\ 5.9 4G6 ).rJ )W )115 Cn5 Iflt.0 it t]W MSaI1MFASl'PN>wf.RTV I.IM. IN)(fl Nh C�vOafiA l)f )2 #vl f) )A Cdr Cd6ultMRR. FNB P06Rr .OIW WILPY. &.. E 2bP90 s .o/R9n)u S a' a; 3 12139R owrcworv[IceBR �� MnGUI(E GPklRCR6.601NU I/.W lP o.. IBml oev�)e�9e PPtJ e Exhibit C - Resolution 13-34 9'12 ' u.0 322 7D N 118-14;26'526 l R' R-IIJ1.�6 e.Ic'as e. ,ei •' LC+N PE'91;IY' d 141)11W9� NOR'RJW x I �r SfiN 9!'S,1'tR• x 1 550.11' >ti I I 111 r, Iy 11 \\\ I' l ply"ol\ 11 \` 11 � I/ ( 1 'I�Hip ;`�•\Fi` ;;;{{{��� 5 STAPH HAY 114 @aE m eG j�AIPI �3�`Fe\'7 A19 P� III �LU \\\\\\`�_. y��l ii�'� I1, 1}y 1 1 Iv > I 1, I r•.l �aw�e,� \\ /` �`\ ' �/ \`\� 111 \i.`` 111 I. I ... 'al 1 � � \ \J •�.�\ ` Q smucniIALL) O \ \ 11111 i•1, v\ ` ,an J` - \�, \ \ ��\ ,��\ \\.../ — ' ud d LN 'a 1/ �l i� /,'q,���..', \\'1`16 ,.e, �0 •' /� I \ 111 i11 � I .. n `• \ ` ; 11u�; wa din �`$ /% \\ \\� 1 ru��\µos e roeaP 1 \ 'n •. f \ \ w � ,•.�, � 95� ii \ I 12139R W5 '4 ; , `\f9 1' \ ` ANONPEVMThtl6 AWlJ.tP. B 54 r �j�� � 1.=MYM' _ \ \ \ \\/ 1 cwnoicN,rwa � u=x •95'dC 1 \ '� . `.�,.. aeR.sS' 3 F Iwu PPn,zoo rrla 6 Z W i E 6 h:+ f` R aant+n :,Pf. Mppee Poeuf -�- D.uAwd P"er 4'e • ,^, P.3 Cm�a u.nrumnl Sa.. 0.v w.. un eltlri ^.w , ABFW,R�rn "C1' re mCmlw,a an'• WN- ®Wv�w Ne4r � �7 weda P"m"I `Wre Nl / M Por.reenl • Mgani Cnlra Vdw e, , etll � ea f"n .P- 4 NbA'YPde •-n--x Vhfmfen « e.ce IW I•" of Paawmenl IG -1.1WGmav a" rcY wd c'.194 ir" � E f i f.a.n.nl OE. e favmmi (fU FIo.INe Cr"F, I" BL 'Alm,a6in9 ----- el IL O.RW De�eE�fleeerai r0. of Recade CrexUS•ae.�anr 3g �; 5� 60 WIP a W a W 0 a Detention Routing Detention Routing DETENTION SUMMARY: PrRBminery Mlenllen.-PY69n4. Enlaee- OAA PM1.1n., 0. md.0 ComW1m69n., E ... ee-OA9 PROPOSED SURFACE AREA OF LAKE: #7.0 Ao. um..- /ueF A(an). 81.170 nN,,.(am.0 54.170 e.D... 0.000 ..wm•e M9 A(eq• n4. 310 o�V .^s3x .eYe!� 31.750 0.000 REQUIRED TOTAL DETENTION: 110.5 Acre -ft PpIMMIM yMAN Rmel7ere6nw e, Dos9 9.OD9 Ds9D lnmoreo�t Ai .. D3sa D.wn ossa OUTLET STRUCTURES FOR DRAINAGE wiutihfRl`frylivfixe`i� medtcoPu.a99n 7gmmi. s.9 m.D fu.0 7.tt ged9amAmP rgmmp ssD 1D.D m° AREAS A & B TO BE SIZED ACCORDINGLY Racuhatl R.Wiree 97oRu I aum.. I an mm A.aaR.m 93o9M I am.. I an omm Aw.R.o : PROPOSED DEPTH OF DETENTION . 115 ft naarn"N'.a"Dww'm, ' v2 J90 X14.4 1.71 2DI.t 14.1 _ La914 34 3.00 cN4L0 4.71 110.9 12.9 1.6779 a1°oi�irpU 5 960 92.7 S11 316.) 97.7 ].914] 5 9.66 935 571 14S.0 69.5 2,11&1 10 6.53105.4 25 849 0.61 123.2 756 202.1 327.2 1064 1232 4.1172 SM71 10 1.53 60.8 061 25 BA6 11.1 15S 105.1 191.9 00A )1.t 3A901 2.9952 m 7201 137.3 0.40 364.0 1373 5.7200 50 7.20 79.3 640 213.4 19.3 3.4074 1 100 1. 151.1 9.24 400.4 1521 6.6471 100 7.9a $7.8 824 234.7 Me 3.6923 U..'....-.. I 12139R I 4 0 W Exhibit C \� Resolution 13-34 N IP'YP'AD' 6 N IH•11'YS d_ 11 k=N 1A'91.WP'/d /PAf �6 W -j rA T NIA. y 114 � F � roar= z H Rcln @_ __ / \\\ — •fix `� o __ Iro ep ua r.X / • "4f \i \\ ' • ` ��— \\ \ - an . scat[ I"sI W Ir, ]IRr EnDe,�l I T,,,'�,_�, ,��. �a I IBS , <• . nlMlartn,HE II RnvY ] ` 'C �'L` \) I vin¢uows R ANS l LOX4[flCIAL 9 ' ' m y �+ WT BUNGA� v I.ouHEaclnL ' I'DAAAT 1 "A A 8 E � s �Z _._—nP E01 TO mxi in ' \ 0. K.m€R7 re \�� •\\�\woa, sswl •" 1� � � su, ,� .\��IxO us_ / u L W Pa E R 1 %a f�\\.\� � :. ;I•Ro�: � I. �.:" G-.- :,.la �/' , F°,[p �aay'e�a� wyAr \i '�° a/EI � 1 �1 taw C:..1t_fZ_ 3TA1Sp!: A 5 rn¢RexHnr SEMS � or ff 1o.I�WAEgdtl w°A 12139Re� —Mm L'YDZ.PO' \ i IPH.9b' cm 1.[AI Pm.].rof LC=N 9'95' 65" PDI. ca.ynL.uc%Onws°u E ihif r RcjP I 3: I 12139R I Ho- 1-11- C- L. Fll, -IL-11 3: I 12139R I Exhibit C 4 Resolution 13-34 N 19.2840• N IB4f25" 2__ 11 in LC=N 26••7612�2 /y4 , /!0758• / ^� \_, \ —010.19• \� I � r-7 � i � � � R fiaea�Cl .nn ... �e� 'Mk'S' ��µ�[ U fwrao5\ l\\_ • rw a . n �., � I ExIDSA1NlC N1 \4 wPIM \ � \/MJF/jJ��fN�01Et-� ` -='- 1 1/ > / I . \\ �Wnilmcil cW a+L ,6\ s*' � !. •7 �m �g Z�r5 w� LU � �J q�• '�- ' � � I� ,: y� � ' off, - Y � \ p , a LLJ Hom.III " 41211 IISf w 117 1 1 J \1 a T WE 1 , IIII �,-mS�EemII\ Sw'-Igar�r_--�'� V\\wtl�+9.w'� IN L � •. � C v � Dr Rr��� EDa 12139R gJ912.00• �•+., \\•`•A / I NAQIRIE RM°iNEM WE1. V \•.,. Aia-51'u" _s ou�xe . YYY a [\ t Q^^^ cn rousuir`wsD IL-2 '1Z,LeelZ IMDI -.mo PP10 eat ea RA1 a F z LU E*ibit C RI.olution 13-34 zi \ / �\ �. XPi 121398 I Exhibit C Resolution 13-34 J TYPICAL U-ILITY LOCATIONS UNDER STREET SECTION EN'RAD,, _ECTION A R d xuw R t 4' SOEWKK I' WA1EIwnE SfPRN gxER T"PICAL UTILITY LOCATIONS UNDER STREET S_CTION ENTRnDA SECTION B R H. rPVRoscv ?? . R avx L —. .... .....A1' SC10. kmE D pw nIAE SI.AAegS wArtaiwEsToftosrnEn TYPICAL LITILITY LOCATIONS UNDER SIRFFf :';FCIION ENTRI.DA SECTION C -YPICAL UTILITY LOCATIONS UNDER RESIDENTIAL STREET SECTION EN TRADA LECTION D I 12139R I A TRAFFIC IMPACT ANALYSIS FOR WESTLAKE ENTRADA & GRANADA A PROPOSED MIXED-USE DEVELOPMENT IN WESTLAKE, TEXAS Prepared for: The Village Company 6750 Hillcrest Plaza Suite 325 Dallas, Texas 75230 Prepared by: DeShazo Group Texas Registered Engineering Firm F-3199 Engineers • Planners 400 South Houston Street Suite 330 • Union Station Dallas, Texas 75202 Phone: 214-748-6740 Fax: 214-748-7037 June 6, 2013 DeShazo #12187 Exhibit D Page 1 of 22 Resolution 13-34 =i DeShazo Group Traffic. Transportation Planning. Parking. Design. TECHNICAL MEMORANDUM To: Michael Beaty The Village Company From: DeShazo Group, Inc. Date: June 6, 2013 Re: A Traffic Impact Analysis for Westlake Entrada & Granada, a Proposed Mixed -Use Development in Westlake, Texas (DeShazo #12187) Introduction The services of DeShazo Group, Inc. were retained by The Village Company to conduct a Traffic Impact Analysis and Access Assessment for Westlake Entrada, a proposed mixed-use development located at the intersection of SH 114 and Davis Blvd. (FM 1938) and Granada, an 84 -unit single-family development located south of Solana Boulevard in Westlake, Texas (see Exhibit 1). The DeShazo Group is an engineering consulting firm providing licensed engineers skilled in the field of traffic & transportation engineering. This study will examine the potential traffic generated by the proposed development plan and will determine the general availability of access and roadway capacity available to serve it. This report will be provided to City of Westlake staff (Staff) and TxDCT for review to fulfill the associated requirements of the local approval process. Proposed Development Characteristics The proposed Granada development includes 84 single-family dwellings and could be complete as early as 2016. The proposed Entrada development consists of over 1,745,000 sf of office, retail, residential and related uses and is proposed to be fully developed by the end of 2020. Exhibit 2 offers a conceptual site plan for the proposed developments. Roadways and Accessibility The following existing roadways will provide primary (direct) access to the subject site and are included in the study area: • SH 114 Frontage Roads o Existing Configuration: 2/3 -lane, undivided roadways with additional left- and right -turn lanes at major intersections. • Davis Blvd. (FM 1938) o Existing Configuration: a 6 -lane, divided roadway south of SH 114 • Solana Boulevard / Kirkwood Boulevard o Existing Configuration: a 6 -lane, divided roadway east of Davis Blvd. (FM 1938) and west of SH 114 w/ a short section of 2 -lane, undivided between o Master Thoroughfare Plan Designation: Major Arterial, 6 -lane, divided roadway 400 South Houston Street, Suite 330 Dallas, Texas 75202 P. 214.748.6740 F. 214.748.7037 www.deshazogroup.com Exhibit D Page 2 of 22 Resolution 13-34 The following intersections will also be included in the impact analysis: • The SH 114 EBFR @ Davis Blvd. (FM 1938), • The SH 114 WBFR @ Davis Blvd. (FM 1938), • The SH 114 EBFR @ Solana Blvd. (FM 1938), • The SH 114 WBFR @ Kirkwood Blvd. (FM 1938), • Davis Blvd. (FM 1938) @ Solana Boulevard, • Davis Blvd. (FM 1938) @ one site driveway and • Solana Blvd at three site driveways. Traffic Volumes The TIA presented in this report will analyze the operational conditions for the peak hours and study area as defined above using standardized analytical methodologies where applicable. It will examine current traffic conditions, future background traffic conditions and future traffic conditions with the proposed project fully developed and operational. Once current traffic information was collected, future background volumes were developed by applying an annual growth rate to the existing count data. Then, the traffic generated by the proposed development was projected using the standard four -step approach: Trip Generation, Mode Split, Trip Distribution and Traffic Assignment. By adding the site -generated traffic to the future background traffic, the resulting traffic impact to operational conditions may be assessed from which mitigation measures may be recommended. Existing Traffic Volumes Existing peak hour traffic volumes were collected in the study area on December 11th, 2012. These volumes are shown in Exhibits 3 and 4. Detailed traffic counts can be found in the Appendix. Site -Related Traffic Volumes Trip Generation and Mode Split Trip generation for the Project was calculated using the Institute of Transportation Engineers (ITE) Trip Generation manual (8th Edition). ITE Trip Generation is a compilation of actual traffic generation data by land use as collected over several decades by creditable sources across the country and it is accepted as the standard methodology to determine trip generation volumes for various land uses where sufficient data exists. While it is normally assumed that the characteristics inherent to the ITE trip rates will adequately reflect the travel/mode choices associated with a proposed development, a mixed-use development often displays special trip generation characteristics. Reductions for internally captured trips and diverted or pass -by traffic should be considered. For this study, reductions for 'internally captured or satisfied' trips have been taken. Values to account for trips that are "internally satisfied" (trips that do not utilize the surrounding area roadway network) were obtained using methodologies outlined in the ITE Trip Generation Handbook. Reductions were applied to the PM peak hour for the mixed-use/retail and residential land uses. The reductions account for pedestrian and/or vehicular trips that do not utilize the external roadways. Reductions were not applied for pass -by traffic or transit services in the area. A summary of the daily and PM Peak internal capture reductions for the proposed development is provided in Exhibit S. A summary of the site -related trips calculated for the proposed building program is provided in Table 1. The appropriate ITE Trip Generation Manual -8th Edition excerpts are provided in the Appendix. Exhibit D Page 3 of 22 Resolution 13-34 Table 1 Westlake Granada & Entrada Trip Generation Land Use Quantity Daily Traffic Total AM Peak Hour In Out Total PM Peak Hour In Out 210 Single -Family Detached (Granada) 84 DU 886 69 17 52 90 57 33 210 Single -Family Detached 60 DU 650 52 13 39 66 42 24 230 Condominium/Townhouse 262 DU 1,487 112 19 93 132 88 44 254 Assisted Living 80 Beds 213 11 7 4 18 8 10 311 All -Suites Hotel 120 Rooms 749 58 39 19 32 13 19 710 General Office 262,200 SF 2,802 406 357 49 372 63 309 720 Medical/Dental Office 214,500 SF 8,556 493 389 104 552 149 403 730 Government Office Bldg 20,800 SF 1,434 122 102 20 25 8 17 814 Specialty Retail 192,250 SF 8,262 - - 483 213 270 Sub Totals* 24,153 1,254 926 328 1,679 584 1,095 Internally Captured Trips* 2,316 0 0 0 132 66 66 Totals* 21,837 1,254 926 328 1,546 518 1,029 * includes Entrada traffic only, Granada traffic will be included in background traffic due to its early completion Trip Distribution and Assignment Traffic generated by the proposed Entrada development at site buildout conditions was distributed and assigned to the study area roadway network using professional judgment to interpret the traffic orientation characteristics of existing traffic volumes in the study area and a technical understanding of the available roadway network. Exhibits 6 and 7 illustrate the approach and departure percentages assumed for Entrada site -generated traffic in this study. Traffic Volumes Determination of the traffic impact associated with the Entrada Project is measured by comparing the change in operational conditions before and after site -related traffic is added to the roadway system. This involves the development of traffic volumes that include both background and site -related traffic. The site - generated traffic was calculated by multiplying the trip generation values (from Table 1) by the corresponding traffic approach and departure orientations (Exhibits 6 and 7). The resulting peak -hour site - generated traffic volumes of the Project are summarized in Exhibits 8 and 9. Future Background Traffic Volumes The standard procedure for determining the future background or non -site -related traffic involves several steps. The first is to determine an average annual growth rate for the roadways in the study area. The second is to determine a buildout or horizon year for the analysis. Finally, the existing traffic volumes are factored using the assumed annual growth rate for the selected number of growth years. For this project, we have assumed a horizon/buildout year of 2020 and that an average annual growth rate of 3% will occur each year for the next 8 years. In addition, the estimated traffic for the Granada development, which will be completed well before the 2020 horizon year used for the Entrada analysis, was added to the existing roadway system. Applying the 3%/year growth factor to the existing traffic volumes and adding the Granada traffic yields the 2020 background volumes shown in Exhibits 10 and 11. Exhibit D Page 4 of 22 Resolution 13-34 Future Background Plus Site Traffic Volumes Adding the new site -related traffic from Exhibits 8 and 9 to the 2020 background traffic volumes shown in Exhibits 10 and 11 yields the total peak period traffic volumes at the Project buildout year shown Exhibits 12 and 13. Access Assessment The access assessment portion of this study will examine two major areas: 1) The spacing between the proposed access points and adjacent access points and 2) The need for acceleration / deceleration lanes based on the projected turning movements at the proposed access points. Access Point -to -Access Point Spacing The TxDOT Access Management Manual requires 305' between access points on a two-way facility with a posted speed limit of 40 mph as is the case on Davis Blvd. (FM 1938) in the area of the proposed development (see Appendix). The site plan (Exhibit 2) shows that Driveway 1 is located approximately 530' south of the SH 114 frontage road. Therefore, the access point spacing requirements are satisfied on all TxDOT facilities. The City of Westlake controls the access spacing on Solana Blvd and requires 250' between a major intersection and a limited -access (right -in -right -out) drive on a major arterial, 500' between a major intersection and a full -access (left -in -left -out) drive on a major arterial and 250' between adjacent driveways on a major arterial. Applying these criteria to the proposed site plan (Exhibit 2), we find that all of the driveways meet the minimum physical spacing requirements, but we recommend that the median opening shown at Driveway #2 on Solana Blvd be relocated to Driveway #3. This will maintain two full -access driveways on Solana Blvd and will meet the City's driveway type spacing requirements. Auxiliary Lane Assessment The portion of the access assessment will examine the need for auxiliary or turn lanes based on the projected turning movements at the proposed access points. Both TxDOT and the City of Westlake require that auxiliary turn lanes be provided when the turning movements exceed 50 vehicles per hour for left or right turns on a roadway with a speed of 40 mph or less (see Appendix). Applying the volume threshold standard to the proposed site traffic (Exhibits 10 and 11) shows that auxiliary right turn lanes are required at all site driveways and auxiliary left turn lanes are required at Driveways 3 and 4. Traffic Impact Analysis Analysis Methodology Traffic operational conditions for unsignalized and signalized roadway intersections are quantitatively measured in terms of average delay per vehicle in a one-hour period through the intersection as a function of roadway capacity and operational characteristics of the traffic signal. The standardized methodology applied herein was developed by the Transportation Research Board as presented in the Highway Capacity Manual (HCM). HCM also qualitatively rates the overall delay conditions in terms of "Level -of -Service" (LOS) ranging from "A" (free-flowing conditions) to "F" (over -capacity conditions). Generally, LOS D or better is considered an acceptable condition for intersections in urban and suburban areas. Summary of Results The intersection capacity analyses presented in this study were performed using the Synchro 7 software package. Table 2 provides a summary of the intersection operational conditions during the peak periods under the analysis conditions presented previously. Detailed software output is provided in the Appendix. The findings are as follows: Existing (2012) Conditions The following assumptions were included as part of the existing conditions analysis: Exhibit D Page 5 of 22 Resolution 13-34 • The traffic volumes collected in December of 2012 are representative of average daily traffic levels, • The traffic signal at SH 114 and Davis Blvd. (FM 1938) is operational, • All other intersections are STOP -controlled and • The existing 2 -lane portion of Solana Blvd between Davis Blvd. (FM 1938) and SH 114 will be completed to its full 6 -lane cross-section as part of the development of the proposed project. As Table 2 indicates, the intersections of Solana at Davis Blvd. (FM 1938) and SH 114 at Davis Blvd. (FM 1938) operate at acceptable levels during the morning and afternoon peak periods with future background traffic. The unsignalized intersections of Solana and Kirkwood at SH 114, however, fail during the peak periods and display excessive delays. A traffic signal is need at the intersections of Solana and Kirkwood at SH 114 in order to provide acceptable levels of service to all movements during peak periods. A full traffic signal warrant study should be completed for this location. Future (2020) Background Conditions The following assumptions were included as part of the future background conditions analysis: • The proposed project will be fully developed by the end of the year 2020 • The traffic volumes collected in December of 2012 have been increased by 3% per year for eight years to reflect the normal growth in the study area and represent average daily traffic levels for the year 2020 • The traffic signal at SH 114 and Davis Blvd. (FM 1938) is operational • The intersections of Solana and Kirkwood at SH 114 are STOP -controlled • The existing 2 -lane portion of Solana Blvd between Davis Blvd. (FM 1938) and SH 114 will be completed to its full 6 -lane cross-section as part of the development of the proposed project • All of the 84 -unit Granada residential development south of Solana will be in place and this traffic is included in the background volumes. As Table 2 indicates, the intersections of Solana at Davis Blvd. (FM 1938) and SH 114 at Davis Blvd. (FM 1938) operate at acceptable levels during the morning and afternoon peak periods with future background traffic. The unsignalized intersections of Solana and Kirkwood at SH 114, however, fail during the peak periods and display excessive delays. A traffic signal is need at the intersections of Solana and Kirkwood at SH 114 in order to provide acceptable levels of service to all movements during peak periods. A full traffic signal warrant study should be completed for this location. Future (2020) Background Plus Site Conditions The following assumptions were included as part of the future background plus site conditions analysis: • The proposed project will be fully developed by the end of the year 2020 • The traffic volumes collected in December of 2012 have been increased by 3% per year for eight years to reflect the normal growth in the study area and represent average daily traffic levels for the year 2020 • The traffic signal at SH 114 and Davis Blvd. (FM 1938) is operational • The intersections of Solana and Kirkwood at SH 114 are signalized • The existing 2 -lane portion of Solana Blvd between Davis Blvd. (FM 1938) and SH 114 will be completed to its full 6 -lane cross-section as part of the development of the proposed project. • All of the 84 -unit Granada residential development south of Solana will be in place As Table 2 indicates, traffic signals will be needed at the intersections of Solana @ SH 114, Kirkwood @ SH 114, Solana @ Davis and Solana @ Driveway 4/Granada Trail in order to provide acceptable levels of service to all movements during peak periods. Full traffic signal warrant studies should be completed for these locations. Exhibit D Page 6 of 22 Resolution 13-34 Table 2 Intersection Levels of Service Results Exhibit D Page 7 of 22 Resolution 13-34 2020 2012/2013 Background Background + Site Intersection AM PM AM PM AM PM SH 114 WBFR at Davis B (13.6) B (13.0) B (10.3) C (23.8) B (12.4) C (34.9) Boulevard SH 114 EBFR at Davis B (13.2) B (13.4) B (12.8) C (26.7) B (14.8) D (43.9) Boulevard EBL A (8.3) C (18.6) A (8.7) D (26.2) A (9.5) F (54.8) EBTR A (7.4) A (9.2) A (79) A (9.7) A (8.9) B (12.8) WBL A (9.0) B (12.0) A (9.9) B (14.2) B (12.0) D (25.7) Davis Boulevard WBTR A (7.8) B (10.2) A (8.2) B (11.2) A (9.2) F (55.0) @ Solana NBL A (7.6) A (9.5) A (7.8) A (9.8) A (8.5) B (11.7) Boulevard NBTR A (8.3) C (17.1) B (10.1) D (26.3) B (11.5) F (670) SBL A (8.0) A (9.6) A (8.3) B (10.2) C (15.8) C (22.4) SBTR B (10.1) B (12.5) B (11.9) B (15.0) B (13.3) C (20.4) w/signal A (8.5) C (28.4) NBT A (9.7) B (11.2) B (10.1) B (11.6) C (15.3) B (13.5) N B R A (8.4) B (10.4) A (6.5) B (11.7) A (6.5) C (174) SH 114 EBFR @ SBL B (11.1) E (39.9) B (14.5) E (46.6) C (16.1) F (138.4) Solana SBT C (18.6) A (9.4) E (36.7) B (11.1) F (178.2) B (14.2) Boulevard EBL B (12.4) B (10.1) C (21.1) B (11.6) C (15.3) B (12.0) EBTR A (9.9) A (10.0) B (14.8) A (9.6) F (72.8) B (10.5) w/signal B (14.0) C (22.9) B (13.2) B (20.0) B (15.1) C (28.6) NBL B (15.0) D (34.0) B (14.5) F (51.2) C (16.1) F (119.4) NBT B (13.3) A (9.6) C (15.8) A (9.9) C (19.3) B (10.1) SH 114 WBFR SBT B (12.2) D (28.5) B (12.6) F (52.4) B (13.7) F (71.1) @ Kirkwood SBR A (8.8) A (70) A (6.2) A (7.0) A (6.2) A (72) Boulevard WBL C (178) C (15.3) E (473) D (29.7) F (281.7) C (22.0) WBTR F (59.0) F (66.0) F (95.1) E (39.4) F (455.6) F (138.8) w/signal B (16.4) C (28.3) B (16.8) C (29.0) C (23.3) D (39.4) Davis Boulevard @ Driveway 1 WBR A 09-8) E (37.7) Solana Boulevard @ SBR A (9.4) B (10.9) Driveway 2 Solana EBL A (9.5) B (10.3) Boulevard @ SBL C (18.7) C (19.1) Driveway 3 SBR A9.9 ( ) B (11.1) EBL B (10.8) A (9.8) WBL A (8.0) A (7.7) A (8.0) A (7.8) Solana NBL B (11.3) B (11.3) C (22.9) D (30.2) Boulevard @ Driveway 4/ NBTR A (9.1) A (8.7) A (9.1) A (8.8) Granada Trail SBL D (33.1) F (140.0) SBTR B (11.1) B (11.8) w/signal B (15.0) B (16.4) Exhibit D Page 7 of 22 Resolution 13-34 Conclusions and Recommendations This report has examined the access and traffic impact of Westlake Entrada (a proposed mixed-use development in Westlake, Texas) on the adjacent roadway system. The findings indicate the following (please refer to Exhibit 14): 1) The median opening and associated eastbound left turn lane shown at Site Driveway #2 should be relocated to Site Driveway #3, 2) Auxiliary lanes are required at Driveways #1, 2, 3 and 4, 3) the intersection of Davis Blvd. (FM 1983) and Solana Blvd should be studied for possible signalization as part of the proposed Entrada development, 4) the intersection of SH 114 and Solana Blvd/Kirkwood Blvd should be studied for possible signalization now, 5) Solana Blvd should be widened to its full 6 -lane, divided cross-section upon commencement of development and 6) The intersection of Solana Blvd and Site Driveway #4/Granada Trail should be studied for possible signalization and the signal should be constructed as part of the project development. NOTE: Recommendations for public improvements within the study area presented in this report reflect the opinion of DeShozo based solely upon technical analysis and professional judgment and are not intended to define, imply, or allocate funding sources nor required improvements. Applicable legal precedent indicates that the Owner of a Project should only be required to proportionately fund necessary infrastructure improvements that are directly attributable to implementation of the Project. Such requirements will depend upon the individual circumstances of each project that may be viewed differently by each particular agency/municipality. END OF MEMO Exhibit D Page 8 of 22 Resolution 13-34 t 1..0! —4- - - k1 v cn CD N N Driveway #1 Driveway r #3 ENTRADA q� Driveway #2 0� \A . - ... DeShazo Group GRANADA --r Driveway #4/Granada Trail EXHIBIT 2 Proposed Development Plan CD 0 M Ex o' W 3 sHr Sv T q FBFR \\\\ D \� „m h CaPital Pkw Nye.,. Sy d. g\J Ktkur��, � \�• �T\ � 183,. , s A Ls� ,•l<` / tin DeShazo Group EXHIBIT 3 2012 AM Traffic Volumes N O N N DeShazo Group EXHIBIT 4 2012 PM Traffic Volumes SH7 '4 weFR 3 632SN 4 �4 w BFR N� 1S, SH 114 FBFR 161 r „" n m - Qpm M Capital Pkwy. CY 43� v 2 X Cr s �Oa 'dei' PrP yv. irs 9, � � ♦ FRS�J - - =' y y21y ��9Fe� � 9�eo - - 5oOgag�Jd F R v (D N O N N DeShazo Group EXHIBIT 4 2012 PM Traffic Volumes o MO E x �. W QC W CL CD 'O rF CD n al .a i (D CL co c Z FO —1r) Wv X o� _ N� Nrr W_ vii tI1 3� W jR w - o z� o em N m - i �oNa oaov; � P,. wWv owN a31 NHI-1 x4�oC1- oaoN t�oo wmwao rym�m- � B -n a3 3 8a_ � a8y a 3 � o n w o m° oe u tiI. & = 0 0 x c x c � � 3 )moo, DeShazo Group EXHIBIT 6 AM Site Traffic Orientations CD o m EX o' s � rt w� w 3.40, DeShazo Group EXHIBIT 7 PM Site Traffic Orientations x CD cn o M -� o' Cr w� w (D (D 0 N N DeShazo Group Al Y EXHIBIT 8 AM Site Traffic x CD 0 0 c o' 73 w w .p 0 N N DeShazo Group EXHIBIT 9 PM Site Traffic X CD U) o m -3 o v m OD 0 N N DeShazo Group EXHIBIT 10 2020 AM Background Traffic (includes Granada) 70 (n U) 0 c 0 w W a LU 0 N N DeShazo Group EXHIBIT 11 2020 PM Background Traffic (includes Granada) m m N O O N N DeShazo Group EXHIBIT 12 2020 AM Total Traffic m Cn 0 o' D w w .p 0 N N DeShazo Group EXHIBIT 13 2020 PM Total Traffic 16 Lane Added Deceleration r _ ___ • M `,'� ( y� `` FN; ® (site traffic) Traffic Signal Added[ (Site traffic) Median Opening Deceleration i �. Lane Added (v'`' l—� ❑❑ ��LS Eliminated ■ e ❑ _ i \� (site traffic) ',,� � (site plan review) f ^ `\ , -- Median Opening Deceleration ` + — Lane Added j &Left Turn Lane -f" Added' y, (site traffic) /4 l (site plan review) �� it � , � Solana Blvd Should be Widened to 6 Lanes 'y � �% site traffic�.i f \ Deceleration r.. '1f l Ieft Turn Lane r— \ j L Added Lane Added I1-- i _ (site traffic) Traffic Signal Traffic Signal �` Added �\ } Added Left Turn Lane (background traffic) (site traffic) Added f \� (background traffic) l KEY - Recommended Mitigation (trigger) EXHIBIT 14 DeShazo Group Recommended Mitigation Measures and Associated Triggers Exhibit D Page 22 of 22 Resolution 13-34 �aO�s©oo Exhibit E Resolution 13-34 G&A CONSULTANTS, INC. 611 DALLAS DRIVE, SUITE 114 ROANOKE, TEXAS 76262 682-831-9712 FIRM NO. 1798 ENGINEER'S OPINION OF PROBABLE COST Project: Solana Boulevard - Approximately 2250 LF 3 Lanes with Turn Lanes and Signage Project No. 1212.3 Date: May 15, 2013 SHEET 1 OF 1 ITEM NO. ITEM DESCRIPTION UNIT PLAN QTY UNIT PRICE TOTAL COST 1 Signal at FM 1938 & Solana LS 1 $ 200,000.00 $ 200,000.00 2 Mobilization LS 1 $ 50,000,00 $ 50,000.00 3 Site Preparation LS 1 $ 50,000.00 $ 50,000.00 4 Street Excavation Cy 3200 $ 20.00 $ 64,000.00 5 Stabilized Subgrade SY 9500 $ 4.00 $ 38,000.00 6 Material For Stabilization TON 152 $ 170.00 $ 25,840.00 7 8" Concrete Pavement SY 9000 $ 40.00 $ 360,000.00 8 Remove Existing Stripes LS 1 $ 10,000.00 $ 10,000.00 9 4" Wide Thermoplastic Stripes LF 4500 $ 3.00 $ 13,500.00 10 TYP II -C-R Pavement Markers EA 120 $ 7.00 $ 840.00 11 Erosion Control LS 1 $ 5,000.00 $ 5,000.00 12 Traffic Control LS 1 $ 5,000.00 $ 5,000.00 13 Recessed Curb Inlets EA 5 $ 3,500.00 $ 17,500.00 14 Junction Box EA 5 $ 4,000.00 $ 20,000.00 15 30" RCP LF 350 $ 55.00 $ 19,250.00 16 Trench Safety LF 350 $ 1.00 $ 350.00 17 Landscape LS 1 $ 30,000.00 $ 30,000.00 opo®qea By: SUBTOTAL CONST. COST .. ......................gyp ENGINEERING $ 909,280.00 Date: PROBER ` J. DOLLAK,. , p SURVEYING `� ! �O•c:, 86898 •r'Qd CONST. CONTINGENCY $190,720.00 d rc•-./C+ S�. �o TOTAL PROJECT COST $ 1,100,000.00 �aO�s©oo Exhibit E Resolution 13-34 This ASSIGNMENT ("Assignment") is executed as of August 25, 2014, by and between Marquis Westlake Development, Inc. a Texas corporation, ("Assignor"), Maguire Partners - Solana Land, L.P. a Texas limited partnership ("Assignee"), and consented to by the Town of Westlake, Texas (the "Town"). A. Assignee is a party to the Economic Development Program Agreement (the "Economic Development Agreement") dated April 22, 2013, and attached as Exhibit A, and the Development and Subdivision Improvement Agreement (the "Development Agreement") dated October 28, 2013, and attached as Exhibit B, (collectively, the "Development Agreements") both by and between Assignee and the Town; and B. Assignee and Assignor each executed and delivered into escrow that certain Assignment (the "Initial Assignment'), dated July 21, 2014, which provides for the assignment by Assignee (acting therein as an assignor) of its rights, obligations, and covenants under the Development Agreements to Assignor (then acting therein as an assignee); and C. The Town is a Type -A general law municipality organized under the laws of the State of Texas; and D. The Development Agreements have been entered into in connection with the development of approximately 85.9 acres within the Town; and E. The contract of sale between Assignee and Assignor and certain of its affiliates has been terminated pursuant to that certain Mutual Release and Termination of Contract of Sale and First Amendment to Mutual Release and Termination of Contract of Sale by and among the parties thereto; and F. Assignee contends that the Initial Assignment was effective upon the passage of Town of Westlake Resolution 14-22, approved on July 21, 2014; and G. Assignor contends that the Initial Assignment is null and void; and H. Notwithstanding either parties' contentions, the parties wish to resolve their dispute by entering into and performing in accordance with this Assignment; and I. To ensure that Assignor does not have any rights, covenants and obligations under the Development Agreements, Assignor has agreed to assign, transfer, set over, convey and deliver to Assignee all of Assignor's rights, covenants and obligations under the Development Agreements, if any, and Assignee has agreed to accept same and fulfill the requirements set forth under the Development Agreements; and J. Town Council of the Town finds that the Assignee remains financially capable of meeting the terms and conditions of the Development Agreements; and -I- K. Assignor shall forward and notify Assignee of any and all information that Assignor becomes aware of that has not already been provided to Assignee which would affect Assignee's covenants and obligations under the Development Agreements. NOW, THEREFORE, for and in consideration of the foregoing premises, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged and confessed: 1. Assignment — Rights, Covenants and Obligations. To the extent that Assignor acquired any right, title or interest in and to the Development Agreements, Assignor hereby reassigns, assigns, transfers and sets over unto Assignee, its successors and assigns, all of Assignor's rights, covenants and obligations under the Development Agreements. 2. Assignor — Duty to Notify. In consideration for Assignee's acceptance of the rights, covenants and obligations set forth in the Development Agreements, Assignor shall notify and forward any information that Assignor receives concerning the Development Agreements which has not already been provided to Assignee and may have an effect on Assignee's rights, covenants and obligations under the Development Agreements. 3. Assignee Acknowledgement. Assignee hereby assumes and acknowledges all of the rules, regulations, and requirements as specified in the Development Agreements, and accepts and assumes the rights, covenants and obligations of the of the "Partnership" and the "Developer" under the Development Agreements. 4. Town Consent and Approval. The Town Council of the Town approves and consents to this Assignment pursuant to the votes at its August 25, 2014, meeting and as witnessed by the Mayor's signature hereinbelow. that: 5. Representations and Covenants. Assignor hereby represents, warrants and agrees (a) Assignor has the right, power and capacity to make this Assignment. (b) Assignor represents and warrants that it has not caused any existing defaults under the Development Agreements and Assignor has not performed any act or executed any instrument which might prevent Assignee from operating under any of the terms and provisions hereof or which would limit Assignee in such operation. (c) Assignor represents that any rights, covenants, or obligations pertaining to the Initial Assignment have not been transferred, encumbered, amended, extended, modified or in any way altered through any lease, contract or other agreement which affects the Property. Assignor specifically represents that it has not assigned any potential reimbursement rights due under the Development Agreements or through the public improvement district to any third party or itself, including any entity that is related to or affiliated with Assignor or any natural person. Assignor represents that it has not committed any waste or nuisance upon the Property or imposed any easements, covenants, conditions or restrictions on the Property, nor has it instituted -2- or participated in any annexation, zoning, dedication or other governmental action regarding the Property. 6. Notices. All notices and other communications required or permitted under this Agreement must be in writing. Notices may be delivered in person, via electronic mail, or transmitted by Fax to the Fax telephone numbers specified below. Notices delivered by mail must be deposited in the U.S. Postal Service, via certified mail return receipt requested postage prepaid, and properly addressed to the intended recipient at the address set forth below. Any party may change its address for notice purposes by delivering written notice of its new address to all other parties in the manner set forth above. For the purpose of notice, the addresses of the parties shall be as follows: If to Assignor: Marquis Westlake Development, Inc. 5305 Village Creek Plano, Texas 75093 Attention: Douglas M. Hickok and Waldemar D. Maya, Jr. Tel: 972-732-1155 Fax No. 972-732-6644 Email: dhickok@marquis roup. et wmaya iyinarqgisgropp. net With a copy to: Leonard A. Stern II, Esq. Smith, Stern, Friedman & Nelms, PC 14160 Dallas Parkway, Suite 800 Dallas, Texas 75245 Tel: 214-739-0606 Fax No. 214-739-0608 If to Assignee: Maguire Partners — Solana Land, L.P. 1221 N. Interstate 35E, Suite 200 Carrollton, Texas 75006 Attention: Mehrdad Moayedi Tel: 469-892-7200 Fax No. 469-892-720 With a copy to: Maguire Partners — Solana Land, L.P. 1221 N. Interstate 35E, Suite 200 Carrollton, Texas 75006 Attention: Vance McMurry Tel: 469-892-7200 Fax No. 469-892-720 7'Binding Effect. This Assignment applies to and binds the parties hereto and their respective heirs, legal representatives, successors and assigns. Any provisions in any other agreement creating rights in Assignee other than those created herein shall be deemed incorporated herein by reference and made a part hereof for all purposes. -3- 8. Approval of Town. Assignor and Assignee acknowledge and agree that this Assignment has been approved by action and consent of the Town Council of the Town. The Town represents and warrants that this Agreement has been consented to by official action by the Town Council of the Town pursuant to Chapter 52 of the Texas Local Government Code and in accordance with all applicable public notice requirements (including, but not limited to, notices required by the Texas Open Meetings Act) and that the individual executing this Agreement on behalf of the Town has been duly authorized to do so. 9. Governing Law. This Agreement shall be governed by and interpreted and construed under the laws of the State of Texas and venue is proper in Dallas County, Texas. 10. Integration. This Agreement contains the complete agreement between the parties hereto and cannot be varied, modified or altered except by the written agreement of the parties hereto. The parties agree that there are no oral agreements, understandings, representations or warranties which are not expressly set forth herein. 11. Severability. If any provision of this Agreement is held to be invalid, illegal, or unenforceable by a court of competent jurisdiction, the invalid, illegal or unenforceable provision shall not affect any other provisions, and this Agreement shall be construed as if the invalid, illegal, or unenforceable provision is severed and deleted from this Agreement. 12. Signatures. Any signatory hereto may execute and deliver this document by telephone facsimile transmission or email/.pdf, and the same shall constitute an original for all purposes. The rest of this page is blank -signatures to follow IN WITNESS WHEREOF, Assignor has caused this instrument to be executed as of the dates written below, MARQUIS WESTLAKE DEVELOPMENT, INC., a Texas corporation BY: Douglas M. Hickok, President Date; 9114- I f THE STATE, OF TEXAS § COUNTY OF( § This instrument was acknowledged before me on this .2014 by day of A Douglas M. Hickok, President of Marquis Westlake Development, Inc., a Texas corporation, on behalf of the corporation. 7 0 'Y I fie'* tate of JILL BATY ���j MY COMMISSIon Expires My Conunission Expires: July 31, 2018 aw:± I(M-[!]► A MAGUIRE P,LAND, By: MMM Ventures, LLC. its general partner By: 2M Ventures, LLC, its manager By: Mehidad Moayedi. Manager Date: COUNTY OF:5 This instrument was acknowledged before me on the,;, ay of a 2014, by Mehrdad Moayedi in his capacity as manager of 2M ventures, the manager- r of MMM ventures, the general partner of Maguire Partners -Solana Land. L.P. a Texas limited partnership, known to be the person whose name is subscribed to the foregoing instrument, and that he executed the same on behalf of and as the act of Maguire Partners -Solana Land, L.P. t T' Notary Public, State of Texas My Commission Expires: -J j :;_�:�„R• a„U`@�i• _ ISA6EbRISSS It S ANTOS tote �f Texas sNotary Pu, My Commission Expires September 20, 2017 -6- The Town hereby consents to this Assignment pursuant to Resolution No. 14-28. 0, ILI MAY 0 1 O. By: dAaAux�— -kz6az� Mayor Date: 912-511+ Al IM By: MARY LOUISE NICHOLSON FmWm Woq'� COUNTY CLERK 100 West Weatherford Fort Worth, TX 76196-0401 s "'• PHONE (817) 884-1195 TOWN OF WESTLAKE 1500 SOLANA BLVD. BLDG 7, SUITE 7200 WESTLAKE, TX 76262 Submitter: TOWN OF WESTLAKE DO NOT DESTROY WARNING - THIS IS PART OF THE OFFICIAL RECORD Filed For Registration: 3/11/2019 1:13 PM Instrument#: D219046852 RESOL 13 PGS $60.00 D219046852 ANY PROVISION WHICH RESTRICTS THE SALE, RENTAL OR USE OF THE DESCRIBED REAL PROPERTY BECAUSE OF COLOR OR RACE IS INVALID AND UNENFORCEABLE UNDER FEDERAL LAW. By: cwNj,••, F •. 2:m3 ReWdm N43 MARY LOUISE NICHOLSON COUNTY CLERK 100 West Weatherford Fort Worth, TX 76196-0401 PHONE (817) 884-1195 TOWN OF WESTLAKE 1500 SOLANA BLVD BLDG 7 SUITE 7200 (ATTN: TANYA MORRIS) WESTLAKE, TX 76262 Submitter: TOWN OF WESTLAKE DO NOT DESTROY WARNING - THIS IS PART OF THE OFFICIAL RECORD. Filed For Registration: 3/27/2019 10:29 AM Instrument#: D219060220 RESOL D219060220 147 PGS $596.00 ANY PROVISION WHICH RESTRICTS THE SALE, RENTAL OR USE OF THE DESCRIBED REAL PROPERTY BECAUSE OF COLOR OR RACE IS INVALID AND UNENFORCEABLE UNDER FEDERAL LAW.