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DFW Trade JV-CS 950511STATE OF TEXAS § COUNTY OF TARRANT § INTERLOCAL AGREEMENT TO AND TO PROVIDE FOR WATER AND SANITARY SEWER SERVICE, STREETS, ROADS, INSPECTIONS, FEES This interlocal agreement between the City of Grapevine, Texas, a Home Rule City (Grapevine) and the City of Coppell, a Home Rule City (Coppell) and H/A Grapevine Joint Venture (H/A) is entered into pursuant to Chapter 791 of the Texas Government Code. WHEREAS, Grapevine and Coppell have contiguous and adjacent boundaries; and WHEREAS, H/A is the owner of a tract of land approximately one hundred and eighty (180) acres in size, which tract is described by metes and bounds in Exhibit "A", which exhibit is hereby incorporated into the body of this contract as if copied in its entirety, which tract shall be hereinafter referred to as the Hunt Property; and WHEREAS, the Hunt Property is located in both the City of Grapevine (approximately one hundred and twenty (12) acres of the property) and in the City of Coppell (approximately sixty (60) acres of the property); and WHEREAS, H/A has submitted a conceptual plan of potential development of the Hunt Property for commercial warehouse use, which plan of development reflects buildings in both cities, Exhibit "B", and WHEREAS, Coppell does not currently have the capacity in its water and sewer system to serve the sixty (60) acres of the Hunt Property located within its city limits; and WHEREAS, Coppell is willing for Grapevine to provide water and sanitary sewer service to the sixty (60) acres of the Hunt Property located in Coppell and Grapevine is agreeable to providing such services pursuant to and in accordance with the terms of this Agreement. NOW THEREFORE the parties, Grapevine, Coppell and H/A, do hereby contract, covenant and agree for good and valuable consideration including mutual promises, the receipt and adequacy of which is hereby acknowledged, as follows: Section I All matters stated in the preamble are true and correct and are incorporated into the body of this Agreement as if copied in their entirety. Section II A. Grapevine agrees to provide water and sanitary sewer service to all of the Hunt Property. Coppell agrees to allow Grapevine to provide water and sanitary sewer service to the development of the Hunt Property within its boundaries. Grapevine shall receive all revenues from the water treatment and distribution and the sanitary sewer collection and treatment including any impact fees, tap fees, inspection fees, and all other fees. Grapevine shall have the opportunity to review and inspect the plumbing facilities in Coppell during construction and at all reasonable times thereafter to be assured that the facilities are compatible and consistent with the City of Grapevine's system and are not violations of any of Grapevine's relevant ordinances. Coppell agrees to enforce its ordinance and all federal and state lav~ ~a~d~y s tta_}~t ha~rd in~r;,cc= -~ ~ ~",,,, .-.:+~ ......-+,~ .,,,,, the vvaLer ar,~ s~ver Sys[em ~fu st least as_s~d~Crc~p~v[r~'s ,,,d ...... Grapevine ordinances shall prevail in the event of an inconsistency or conflict. B. H/A shall pay all rates, fees and charges for water and sanitary sewer service for the sixty (60) acre tract located in Coppell to Grapevine at 1.25 times the rates, fees and charges identified in Grapevine's ordinances establishing such rates, fees and charges. Grapevine retains the right to change and adjust its charges. Section III B. AIl~ublic streets shall be constructed in accordance with Grapevine / rceognUi~i~isO' ~:Jinann.~Grape~ien~ aag~dee~ui~:imn~tnS~nd ~~i~ihneesti~ltls ii~SaPemC~nnallr tihnilill consistent with its street maintenance and repair requirements. Coppell shall reimburse Grapevine, on a quarterly basis, its reasonable expenses incurred in maintaining the streets. C. Grapevine flood plain requirements are applicable to the Hunt Property. Section VI. A. This agreement shall be for a term of twenty (20) years commencing on the day of 1995. The Agreement shall be automatically extended for five (5) year periods unless any party gives the other parties at least one (1) full year written notice in advance of the extension date. B. All parties may pursue all legal and equitable remedies except termination after giving the other party thirty (30) days written notice to correct the default and failure of the other party to rectify said default. Section VII. Any notice required to be given under this Agreement shall be deemed to have been adequately given if deposited in the United States mail in an envelope with sufficient postage and properly addressed to the other party as follows: TO GRAPEVINE: City of Grapevine P.O. Box 95104 Grapevine, Texas 76099 Attention: City Manager TO COPPELL: City of Coppell P.O. Box 478 Coppell, Texas 75019-0478 Attention: City Manager TO H/A JOINT VENTURE: A change of address may be made by either party upon the giving of ten (10) days prior written notice. Section VIII. 1. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors, and assigns. 2. This Agreement constitutes the sole and only agreement of the parties hereto and supersedes any prior understandings or written or oral agreements between the parties respecting the subject matter hereof. 3. No amendment, modification or alteration of the terms hereof shall be binding unless the same be in writing, dated subsequent to the date hereof and duly executed by the parties. 4. This Agreement may be executed concurrently in one or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. 5. In case any one or more of the provisions contained in this Agreement shall for any reasons be held to be invalid, illegal, or unenforceable in any respect, such invalidity, illegality, or unenforceability shall not affect any other provision hereof and this Agreement shall be construed as if such invalid, illegal or unenforceable provision had never been contained herein. 6. The obligations and undertakings of each of the parties to this Agreement are and shall be performable in Tarrant County, Texas. 7. Each party hereto warrants that it has received authority from its governing body to enter into this agreement. EXECUTED THIS day of ,1995. CITY OF GRAPEVINE City Secretary APPROVED BY CITY COUNCIL / /95 APPROVED AS TO FORM: City Attorney CITY OF COPPELL ATTEST: City Secretary APPROVED AS TO FORM: City Attorney H/A GRAPEVINE JOINT VENTURE b:\contract\hunt_cop,agt