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Park Place-CN 871124
"~h!s Park Land Donation A.nreer?.ent ("A'~ceement") ,-cc ~e~ed ~_nto as OL ,~he ~ay of between Coppel" '['own Center, "nc. (uogether with its and assigns, "Donor") , a 7~exa s corporacion, act ].ng through [:s duly authorized off ice[, and the City Texas (~:he "Ci.'._.y ....) , a [nunic].oal coroora~[on.. ._ and ,]'2i]d[v [ :; [.cn o'[ '...he Sta :e of 'rexns, ac~: icg by and duly authorized Mayo[ and Ci~:y,~u.,..~"-~ nlstrato,.'-. W I T 'd E S S [-2 T ~'.'_ : WHEREAS, Donor is the owner of that certain tract cf land described in Exhibit A attached hereto and incorporated herein by refe_~ence for a~" purposes (the Park S~ue ), and '- (ti~e "Lake WHER"' ~" ~ ~ hi ~d pa r ~'1 ~..~.o, Donor contemplates thaP a ~. Developer") wi [i excavate, grade and grass a port ion of the ~ ') ~e e ' "[,ak~-~") on i)ark Site3 for the pu._[ c.~ o[ cr at Lng n ~ake (!.h the Park Site; and · ,.~,~" ,-', ~ .... ' ..... ~ Lake ,~.-:LR~Lz%~., pre!-iminary plans and speciCicavions setting Ecrth the qenerai requirements for ware[ d::ainage, gradLng, soil conditions and grassinq of the Dar~ Site are atta~'~oc~ hereto' as Exhibit B and incorporated he~cin by reference l-or a.k] purposes (the Preliminary P nm ) and WHEREAS, prior to the commencement of construct [.cn cf the Lake by the Lake Developer, final plans and spec-Lfic:ations for the Lake (the "Final Plans") will be reviewed for apprcva': by the City; and WHEREAS, one of the areas of the City which would be benefited by the C'[ty's acquisition of the Park Site, -tnc[udi. ng , ~ . q ~ · the Lake, zs the contemplated make Park Village Ac, c~it~cn to Lhc City (the "Subdivision"); and ,~H.z~.S the City wishes to acquire additional park ].ands and a :_~ke'- to enhance the quality of life within khe ~: ty', and ", ~ ~ Pa c' te is located adjacent to existin~ w,-[mR?~S, the ~k~_~:~ ., - lands owned by the City, and the City w~shes to acquire the Park Site, including the ,~ake, as an a~ on .... C[ 's park lands; and WHEREAS, ~he purpose of this Agreement is to set forth certain terms and conditions upon which the City w~ L" acquire %he Park Site, including the Lake; NOW, THEREFORE, KNOW ALL MEN BY THESE PRESENTS, that Donor and the City agree as follows: 1. P!an~ Approval. By the City's execution of this ~_~-~ ~ '- .the Agreement, tl~e City acknowledges and agrees ...... Preliminary Plans are approved by the City. Pi for to the commencement of construction of the Lake by the Lake Deve[ope~, the Final Plans will be submitted to the City's engineer for approval. The approval of the Final Plans by ~he city shal' be in w~-ih]ng and [~hail not bc unreasonably withheld or dclayed. 2. Trip, art!re Agreements. Ail design and construction work relating to the Park Site, includinq the Lake, wi].i be performed pursuant to agreements among the Ci t'7, the Lake DeveLoper, construction ccntractors and design (the "Tr~pa~t~ ..... to Agroements") ~,.~-~ m~ipa~tite~_ ~ A-~:-oo:7,~nts.. _ ....... mus~-.. ~e in ai~ ues-,~ ...... 'a ~ to _ ~'- ~_...= .... cceptab~e the CLty, buP ~. is expressly ....... nd reed t no ~ ' have ,..,~o ] u~de s~.~d a a5 hat Do r s,.al~ ~ ..... sc_e u ' t to ..e..,ignate the .... ke Developer and tha5 the City wz].], accept zhe p~,r ty designated by Donor as the Lake Deve~op_r. Upon he request of either Donor or the Lake Developer, the Ci[y agrees pror, ptly to enter ~n,_~ negotiations ~,,c. form cf Tripartite Agreements and the parties thereto to serve as construct[on con'- factors or design professionals. The City hereby approves Robe ~ts & Dowdy Civl 1 Engineers as des: cn ;)~-ofessionals accep~au~ ..o ~he Czty Eot the prep~ra._ o Prelzmzna[y P aris and ~h~. Final Plans. 3 Conm ie~: ~ ~ f ~-,-', r ~he . =~n ........ (::omp ! e t i :~n of "he wc~ specified ~n the Final P~ans (the Work"), the Lake De~. will net;fy the City [n w~itinq of such completion "Completion Notice") . Within fourteen (!4) days afl:e~ '-he City s ~eceip,_ o_ ~_he Completion No,ice, ._he City s engzneer will inspect' t:he Work The City's engineer wi.~ ~ n,~t unreasonably withhold o~ delay approval of the Work if the Work has been completed without material deviation from the Fins Plans. Upon ~he Ci::y se....'~Ui"",-~e,'- s approval of the Wcr~, '.:~,~ ~{ty will {s~ 'e wriw'--, ~ the ~.. ~ ._ ~ __Ln approva~ of the Work. to Develope ~- A.s L~SCd herein the term "Cu.,~~ ~' the dat~. upon whLch ti~ r"L,'v is~:;ues wr[t'- wr~'k "m ~-hc Lake Develope-' ,i. Conditions P[eceden~:. As used in this Agreement, term "Conditi0~-~]~-~[t-'~means· (i) appcoval of the FLnal Plans by the City; (ii) app[oval of the Tripartite Agreements by the City (which shall be established by the City's execution of the Tripartite Ag[cements); (iii) written approval of ~he Work by the City; (iv) the passage of a period of t~me f[o:n Completion Date ending on the later of two (2) yea~s a~ter the Comple~ion Date or one and one-half (1.5) yeass after the date that the ~ake [nltiaily fills to its normal w~er levo! no~mal water Level is defined in the Einal Plans) ~ (v) the Lake {s_ hol~ing~ w~te~ (~aking~ into account ~easo~a,_,le~ wate~ fluctuations caused by weather conditions) and fs in substantzal~y the same condition as ~ existed on the Completion Date, excepting minor erosion (gouges or rets of less than six inches from the original grade of the Lake banks shall be deer]ed minor e~-osion); and (vi) the comp'L~t;,-,~ foundat'[ons for homes on seventy-five percent (75%) or more: .~ ' ' '~ ' .' .[.v ~ o tb~ lots conta].ned ~n the ~ubd is~ n. 5. C o n'z e YD r~_.glA .... P_~ tJ3_~ P a r k S i t e. T h a C i t y a g r a a s acquire ,.he Park S i.'"e within ~h_r (30) days afoot satfsfacticn cf the Cond~ tions Precedent. The Park Site ~]e aC~] tl] red ~3 .... ~,r~ ~tv' - . . ~ ....... , s acceptance et: a, recl' c'~nvoyaIlcc through the CiLy's excrc'kse of an option to acquire .the same donated to the City by Donor, The conveyance of the Park to the C~.ty ',,'~ []. be by special warranty deed whi. ch shall not J. mpose any resl:rictLons on the use or ownership of the Park Site by the City othe~ than the use of the Park Site as a public_uauk. Other than the restriction on '-~r,~.,._ "~-~,,.~ of ?ho Site as a public pa~k,, the Park Site shal~ be conveye:' tc thc City free and clear of all liens or encumb ~-ances encumbrances approved by the City r~ te.e -i ~, ~ni. ls acquire the Park Site within thirty (30) days 5fzcr the satisfaction of the Conditions Precedent, Donor shal: have the right to enforce specific performance of the City's duties and obligations under this Agreement. 6. Ownership Resp_o~.s ;bi ]. i t Les and Defects. Upon the C'i. ty' s acquisition of the Park Site, the City shall become - 2 - teapots; b].e for a' i maintenance, repairs, uti~ it)' costs, taxes ,: "' , ' ~ ' ..' o~ ti .-lnd otb, er CC:<L.~ exuenses, CJ31['?.Z; a~d liabi' !ll:{2s D_~D n(] tO the ownership c.~ usc of the Park. Site and all imprzvement:s made thereto or placed thereon; provided, however, the foregoing is not intended and shall not be construed to waive, release or otherwise affect any claims of the City against any of the parties to any of the Tripartite Agreements. · r_,,_erim Per:o,~ During t~at perle~ becinni.,:, o~. .,, ~^~mple'-~;.o' n Date and end:lng on the date of any terminal-ion.. this Agreement or the date that ~he City acquices '-he ~.-,-"~ (the "interim Period") , the City agrees thais the C: ty wi'~ i tnka {~nv ac'-ion reasonab~,, r(~ ..... ~.~ke,]... by. ~he owne~ of -he Pa~'k '7~['--~ (at the exoense of the o ...... r of t e r SL~' ) to ~ -,,~o h Pa k ,_e " make ' ' ' ~- '- the . b'l Jc L:-.~ '-hat the.. Park o"L'-'',_~, iS not a pub!~c, pack and ..ha~ not entiLied to entry thereon ,'or use thereof. 8 I '~IIJZj~DZ~'jl.~__~lg____.~ ~ t S ' Donor she ]. i have the riqht ~t[ l) .~erminate this Agreement by delivering written notice of such election to the City at any time prior to the date '- ha :~ excavation for the Lake is coramenced ( the "Commencement Date") . In consideration of and as a material inducement to Dono~ a~d/of ~-~ ~ .... a Lake Developer to undertake the actions contemplated here'; n, the City agrees the~ '-he~ City is bound ..~'".,, =h_s Agreement unless the Commencement Date does not occur on or before OctoUer i, 19~8. if the Commencement Date does not occur on or before October ]., 1988, the City shall have the right to terminate this Agreement by delive~].ng written notice of such election to Donor at any time p~i. or to the occurrence of the Commencement Dane. If, af~-er~, the occurre;,c-' .... ',, :~f the Commencement Date, the Completion Date does not occur on or before December 31, 1989, despite good faith, reasonable e=for~s by the Lake Develope~ and the City to ach~ e',~~ ~= ..... Completion Date, either Donor or the City she' i have,, the right ~o_ terminate this Agreement by de~.ivering wri'-ten.. .:o" ~].ce.. of such election to the other prior to the occurrence of the Completion Date. i~, after the occu.rence~ of '-he,_ C',~, .... ],=ticn Date, the Conditions Precedent cannot be satisfied and the Fork Site conveyed to and accepted by the City on or before three (3) years after the Completion Date, either Donor or the Cit~, shall have the right to terminate this Agreement by de].Lvcrlng written notice o~ such election to ~-he~ other prior to the ,.~"'~-,-,..~.', that the Park Site is conveyed to and accepted by the City. 9 Acknow' 'q 'P :', '- ' · ~ e.~l.~.,e n ~ of D q_n..a '_qj_g_n-. If the Park Site ~ conveyed to the City, the City acknowledges and agr. ea:~ the!_: (i) the donation of "", ' ~-' .... e Park Site to the City w~ll g :ea~ ~,~' enhance the qualit'.; of ' ~ fe in the City and constitu ..... ,chaci~ ~e a ' to the City and (ii) the City ~ uab~ don tlOn ; ilas c- obi;gat:ion with respect to such charitable donation except: as sat forth herein. i0. Subdivision. The City agrees that the City will not impose any requirements in connection with the platting or the development of the Subdivision requiring the completion c,f the Lake or the donation of the Park Site as conditions :0~-eceJen~: to such platting or development. 11. Complete Agreement. This Agreement et.hod ].es the complete agreement between Donor and the City wi'-h respect to the subject matter hereof and cannot be varied or amended except by an instrument executed by both Donor an.:'[ the City. 12. Binding Effect. This Agreement shall be binding upon and inure to the benefit of Donor and the City and t'nei r respective successors and assigns. - 3 - EXECUTED as -'or:- t~.'.. Park Site EXHIBIT A BEING a tract of 2ar{d slttiated in the William A. Triable Survey, Abstract No. 1268 mad t]~c ilecrs of Gilbert C. h'oolsey Survey, Abstract No. 10A2 in the C~ty of Coppell, Texas mad being par~ of a tract of land as described in deed from Good Associates, inc. tu M. Douglas Adkins, T~ds:ue, as recorded in Voi~c 76188, Page 2335 of the Deed Records of Dallas County, Texas and being more ~r~icularly described a~ follows; EEGINNING at the most northwesterly c~rmer of PARKW'OOD-SECTION T~, an addition ~o the Czty of Coppell as recorded ~n Volume 8~232, Page 1~38 of the Deed Rezor;is of Dallas County, Texas; THENCE South 3S'0~'45" west, along the nor%hwe~terly line of a 20 foot alley sa1~ Parkwood-Sect~on Two, a distance of 3~].69 feet to an ~ron rod set for anglu porn:; TE[NCE Souzh 31'C6'45" h'est, contlnutng alon~ a northwesterly lznm of said a ,l~stance of 32d.~1; feet to an zron rod ~et for angle point; 'TitENCl! South 35~Zb'57'' ;.est a dx~tanc~ of 436.31 feet. to an ~ron rod 5et for Ti!ENCE Nortiq 18'22'~" West ~ d~stance of 79.~2 feet to an ~ron rod ~t for point: TIIENCL North 15'09'33" West a distance of 1008.C5 feet to an iron ro~ set for angle TdENCE Serth lfJ'i.t'3M'' West a d~stance of 233.68 fee: to an xron rod se: for corner; T/IENCE North 7~001'39" East a distance of 68.48 feet :o an ~ron rod set for angle point; ~{ENCE North 03'46'59" East a dzstance of lOC.gO feet to an iron rc.:l ~e~ for am. glu po~.t; TilENCE 5crth 10'21'2:9" l:ast a disc. artec of 78.00 feet to an ~ron ~o(I set for pop,L; TliENCE Surth 35'18'40" East a dLs~ance of aO.g4 feet to an iron rod scl for angle point; THENCE North 5~19'07'' East a distance of IS9.8G feet to an iron rod set for angle point; THENCE North, 4'31'59" Ea~t a distance of 18!.C0 feet to an :run rod set for angle point; THENCE North 59~36'39'' Ea~t a distance of 342.00 feet ~o an ~ron rod set for cc. rner; TtiENCE North 32'31'19" East a distance of 114.!~ feet to an ~ron rod set for corner; 'rHiLNCE South 57~25'21'' East a dtmtance of 158.d3 feet to an iron rod set for angle THENC[; 5oush 77°57'13" East a distance of 53.8-1 feet to am ~ron rod set for angle poxnt; ~iENCE South 55'46'17" East a diotance of ~15.92 feet to an iron r~ set for corner; ~tENCE South 25'12'30" Weal a distance of 141.86 feet to an iron rod ~et for sng!~ potnt; ~IENCE Sou~h 32'24'15" West s distance of 180.98 feet to an iron rod s~t for ani]e po:nc; ~iENCE South ~'31'57" West a distance of 135.00 feet to an iron rod set for angle point; TkiENCE South 19'3~'57" West a dimtance of 70.00 feet to the POINT OF BEGINNING and contatn~ng 1,4C3,801 square fe~t or 32.2269 seres of lan'd. EXHIBIT Prei~:minary Plans and Specificaticns EXil T.i'~ l T Ti Required Grassin.j of Lake Perimeter STANDARD SPECIFICATIONS B ER:.',UDA SEEDING (Non-Irri~ated Areas) ?,ATERIALS - Seed shall be fresh, clean, dry r, ew-crep seed composed entirely of Common Bermudagrass ~C?no.Jon dactylon], free from Johnsonqrass and other weed seeds, as regulated by Federal Seed Act mhd apDlicable state seed laws. The seed shall be hulled, extra fancy grade, treated with funqic;de and tested for minimum percentages of purity and germination as follows: Pure live seed content of not less than 85 percent, using the formula: % purity x % germination. Seed shall be labeled in accordance with U.S. Department of Agriculture regulations. Ferti'l. iz~r shall be a ~alanced complete [ertilizer. The dry weight percentage shall be 13-13-13. Phosphate ~hall be slow release. R,:Tc.~ - l~..rm,,:c!a Seed - 50 lbs. per acre l'~e[t~!izer - Balanced 13-13-13 - 400 ib.~;. ~,?r .]crc .METHODS - Seed shall be applied using the l{%.'dro-seeciinr~ method. Immediately after this application, seed shall be incorporated into existing using a "Brillion Seeder Packer" or ap~roved equal. SCHEDULE - Seeding shall occur no earlier than April 15, nor later than August %5. C©.U. PLETIC.>i -The ~rassing shall be deemed complete when a.n ace coverac~e of 85% of the seeded area E"ii!iBiT D-FW Engineering & Test/ g, Inc. P.O. Box 1247. Euless, Texas 76039-1247 P~one 817-540-2622 P A Rix P L AN S Soil ~..nct_tion of Lake Bottom .4uSu::.t 23, "-}'¢7 Y-'z:'L'-: Z;:::tr;**i 7"i.':7.'~ i [ *E'7"'.i. :7'.'::~ !~'.,'~,-: ~'"" ':, ~ in:-'.. . Te:,:~s -'5£5: ;,.ten: Er. E'.-:'::i ',.,:se J:. -2: 23- .%,J z '3 :..% r: 3 .; F v .3 ',' Far~ e:-..5.::.:.;:eli ~ :: p ;.:; ¢:: J _ , -- .:&!. :-':- . .~1 .%..: ; L:'.5'C'J::.'F.Z,:~; ~,:':'3 ~:i:'~-:3 O? '-2C.~:7"31i . -- -st ......... 2: ..... ~,srs'sa.no2%£ :.r. aL a :r.a~c.~ Fs?:/-3Y, .¢.~¢ .3e3%/0.% '~' ~ ......... -' '" r'--6¢;3'3. · a s~a'' la~e. ',.,'e ~rtr. er ur, cerstand -r.a'c the bcd:c:.-, cf ::t.:,.-: ix:re .x::_l! lie an ap?rox:mate ele'.'a~ion 4}5, ,..n~cx is sresen;il,' '5_~ oelo-' ground s~rface, irs anal'.'~,n=. .... :: :3orL::as_ 2"3 ~nrc.,.~an.~ 35 a'; a caF:t:', cf' ': :'ee:, de £::-,G L.cat 'c:-.e materials comprise 3rcwn to car .3-~'.,'z~ ':r' 5&F,.J',' 3'-3'/S. 7'~'.~_ [;..ir~ Ci~':'S ar'8 c-'D.%sL.~.are,FJ '_.T.p~PVi.S.~S. _--:'.~z clays :,t th:il -g,'." ?'1 ;:r'!_-' a-.5'c ;'ela,st'.'e/:.' L:rFer';' :'_:s. :n ocr c.p±r, zon, ~':-~ere Sri.DxLa se '~%%L.e ct, at-,se of ma'_-:- m.c,,_sr, ure migration ?rcm the confines c.c tr:e lake. it -s ooaszble, hcw..~ver, "' Disco'/er'; of' :such a r. cr, e ,can only :::e achieved during ~he exca,.'ar.L~:', process. 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