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Resolution 2018-24RESOLUTION NO. 2018-24(R) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WYLIE, TEXAS, HEREBY AUTHORIZING THE CITY MANAGER OF THE CITY OF WYLIE, TEXAS TO EXECUTE AN INTERLOCAL AGREEMENT BETWEEN CVS PHARMACY, INC AND THE CITY OF WYLIE NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WYLIE, TEXAS: SECTION 1: The City Manager of the City of WYLIE, Texas, is hereby authorized to execute, on behalf of the City Council of the City of WYLIE, Texas, an Interlocal Agreement between CVS Pharmacy, Inc. and the City of Wylie for the construction of storm water improvements. SECTION 2: This Resolution shall take effect immediately upon its passage. RESOLVED THIS THE 24th day of July, 2018. ATTEST TO: STEP ANIE STORM, City Secretary Resolution No. 2018-24(R) Interlocal Agreement between CVS Pharmacy, Inc and the City of Wylie t �' ws C � �' - ERIC HOGU yor OF I ov� ra L0 4 ST'�, IT EXHIBIT "A" Interlocal Agreement Resolution No. 2018-24(R) Interlocal Agreement between CVS Pharmacy, Inc and the City of Wylie NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING INFORMATION FROM ANY INSTRUMENT THAT TRANSFERS AN INTEREST IN REAL PROPERTY BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVERS' LICENSE NUMBER. After Recording Return to: City of Wylie Attention: City Manager 300 Country Club Road Wylie, Texas 75098 DEVELOPMENT AGREEMENT BETWEEN CVS PHARMACY, INC AND THE CITY OF WYLIE, TEXAS This DEVELOPMENT AGREEMENT ("Agreement") is made and entered into by and between the CITY OF WYLIE, TEXAS, a home -rule municipality ("Wylie'), and CVS PHARMACY, INC., a Rhode Island corporation ("Developer"). Wylie and Developer are each referred to herein as a "party" or collectively as the "parties." WHEREAS, Developer is the sole owner of that certain tract of land consisting of 1.896± acres in the William Patterson Survey, Abstract No. 716, in the City of Wylie, Collin County, Texas, as more particularly described in Exhibit A, attached hereto and incorporated herein for all purposes ("Property'); and WHEREAS, Developer has submitted an application for a building permit for the development of a CVS Pharmacy in Wylie; and WHEREAS, Developer and Wylie acknowledge and agree that impact fees are currently assessed and owed or to be assessed and owed on the Property as prescribed in Ordinance Nos. 93-4, 97-4, 2001-19, 2001-42, 2001-56, 2006-25, 2006-47, 2007-34, 2012-18 and any other amendments thereto, as they exist or may be amended (collectively, "Impact Fee Ordinance"); and WHEREAS, notwithstanding the Construction Requirements (hereinafter defined) for the size of on-site stormwater facilities to be constructed by Developer on the Property and across the property to the west and immediately adjacent to the Property (the "Adjacent Property") ("Required Stormwater Improvements"), Developer agrees to construct on the Adjacent Property, at its sole cost and expense but subject to the Cash Reimbursement (hereinafter defined) and Impact Fee Credit (hereinafter defined) as set forth in this Agreement, oversized stormwater facilities consisting of approximately 227 linear feet of an 8 -foot -by -4 -foot reinforced box culvert, headwall, associated grading and erosion control, and all necessary appurtenances thereto, as generally depicted and described on plan set (sheets C-9.2, C-10.1, C- 13.3, and TxDOT detail), attached hereto as Exhibit B and incorporated herein for all purposes (collectively, the "Stormwater Improvements'), which will be public stormwater facilities and a portion of which are necessary to serve the Property; and Development Agreement — CVS Pharmacy, Inc. Stormwater Improvements Page 1 of 23 2457747 46653405v.2 WHEREAS, Wylie has an easement on a portion of the Adjacent Property for the construction, installation and use of the Stormwater Improvements which was recorded on under Instrument No. in the Official Records of Collin County, Texas, a file -marked copy of which is attached hereto as Exhibit D and incorporated herein for all purposes (the "Easement"); and WHEREAS, as consideration for Developer constructing the Stormwater Improvements, Wylie agrees to reimburse Developer in an amount equal to the Wylie -approved difference between the costs of constructing the Stormwater Improvements and the costs of constructing the Required Stormwater Improvements, as provided herein and subject to the terms and condition hereof. NOW, THEREFORE, in consideration of the covenants and conditions contained in this Agreement, Wylie and Developer agree as follows: 1. Incorporation of Recitals. The representations, covenants and recitations set forth in the forth in the foregoing recitals of this Agreement are true and correct, are incorporated into the body of this Agreement and are adopted as findings of Wylie and the authorized representative of Developer. 2. Land Subject to Agreement. The land that is being developed for a CVS Pharmacy store and which will use the Stormwater Improvements on a non-exclusive basis is the Property. Developer represents and warrants that it is the sole owner of the Property. 3. Easement. Wylie warrants to Developer that the Easement has been recorded in the Official Records of Collin County, Texas. Wylie warrants that Developer is authorized to construct the Stormwater Improvements under the terms of the Easement. 4. Construction of the Stormwater Improvements. (a) Developer shall construct the Stormwater Improvements, as more particularly described and generally depicted in Exhibit B. Developer represents and warrants that the estimated construction costs of the Required Stormwater Improvements are Forty -One Thousand Four Hundred Forty Nine and 00/100s Dollars ($41,449) ("Estimated Required Stormwater Improvements Costs") and that the estimated construction costs of the Stormwater Improvements are One Hundred Fifty Two Thousand and 00/100s Dollars ($152,000) ("Estimated Stormwater Improvements Costs"), as more particularly described in the estimated cost analysis set forth in Exhibit C attached hereto and incorporated herein for all purposes ("Estimated Cost Analysis"). Developer shall construct the Stormwater Improvements in compliance with Approved Plans approved by Wylie, and in further compliance with all Construction Requirements (hereinafter defined). (b) Wylie agrees (i) to perform interim inspections of the ongoing construction of the Stormwater Improvements on a regular and timely basis, in response to a call from the Developer Contractor upon completion of each stage of installation of Development Agreement — CVS Pharmacy, Inc. Stormwater Improvements Page 2 of 23 2457747 46653405v.2 the Stormwater Improvements, Wylie agreeing that each phase of construction builds on the prior installation, and (ii) to issue written interim acceptance of each phase of installation of the Stormwater Improvements, provided that Wylie determines that each such phase is entitled to acceptance under the terms of this Agreement. Upon final completion of the Stormwater Improvements, Wylie will perform a final inspection of the Stormwater Improvements and issue a final written letter or certificate of acceptance upon which Developer may rely. Upon said final acceptance, Developer will convey the Stormwater Improvements to Wylie as provided herein (collectively, "Wylie's Final Acceptance"). Developer must substantially complete the Stormwater Improvements in accordance with the Approved Plans and obtain Wylie's Final Acceptance of the same as a condition of Wylie's issuance of a certificate of occupancy of any building on the Property. However, and notwithstanding any other provision in this Agreement to the contrary, Wylie acknowledges that Developer's final payment of the Developer Contractor and its subcontractors, and the accompanying receipt of executed lien waivers and Evidence of Payments (as defined in Section 4(g) of this Agreement) will occur at a date subsequent to the completion of the construction of the Stormwater Improvements (due to the holding of retainage and the performance and completion of punchlist items), and Wylie agrees that Wylie's Final Acceptance (as defined in Section 4(b)) will depend only on substantial completion of the Stormwater Improvements in accordance with the Approved Plans, and will not depend on receipt of Evidence of Payments. To the extent any punch list items exist as to the Stormwater Improvements and provided that the store on the Property is othenvise eligible to receive a Temporary Certificate of Occupancy, Wylie agrees to issue a Temporary Certificate of Occupancy and to allow the store on the Property to open for business, with future completion of the punchlist items and submittal of the Evidence of Payments being a separate requirement for both the issuance of the final Certificate of Occupancy, and the receipt of the Cash Reimbursement (hereinafter defined) and the Impact Fee Credit (hereinafter defined). (c) Bonds. (i) Evidence of any bonds required by Section 212.073 of the Texas Local Government Code, as amended, other applicable law or this Agreement shall be provided by Developer to Wylie. (ii) Prior to Wylie's Final Acceptance of the Stormwater Improvements, Developer shall cause to be issued and delivered a payment bond and a performance bond, each of which shall be in an amount equal to one hundred percent (100%) of the amount of the actual cost of the Stormwater Improvements to ensure Wylie is indemnified: (A) against any claims for nonpayment of any part of the construction or work performed in connection with the Stormwater Improvements; and (B) for the completion of the Stormwater Improvements in accordance with this Agreement. Prior to Wylie's Final Acceptance of the Stormwater Development Agreement — CVS Pharmacy, Inc. Stormwater Improvements Page 3 of 23 2457747 46653405v.2 Improvements, Developer shall cause to be delivered to Wylie a two (2) year maintenance bond in an amount equal to one hundred percent (100%) of the amount of the actual cost of the Stormwater Improvements to ensure the repair or remedy of any maintenance issues Wylie may have regarding the Stormwater Improvements after Wylie's issuance of Wylie's Final Acceptance of the same. (iii) The bonds required by this Section 4(c) must be: (A) good and sufficient bonds; (B) in the amounts prescribed herein; (C) with a reputable and solvent corporate surety and in favor of Wylie; and (D) in compliance with any other Wylie requirements relating to such bonds. (d) Prior to commencing any construction of the Stormwater Improvements, Developer shall include the following provisions in any contract with any person or entity hired by Developer to construct all or any portion of the Stormwater Improvements (collectively, "Developer Contractor"): (i) "All warranties provided to [Developer] for the Stormwater Improvements shall inure to the benefit of the City of Wylie, Texas for all purposes." (ii) "[DEVELOPER CONTRACTOR] SHALL, FOR A PERIOD OF TWO (2) YEARS FOLLOWING THE CITY OF WYLIE'S FINAL ACCEPTANCE OF THE [THE STORMWATER IMPROVEMENTS], RELEASE, DEFEND, INDEMNIFY AND HOLD HARMLESS CITY OF WYLIE FROM AND AGAINST ALL CLAIMS OR CAUSES OF ACTION FOR INJURIES (INCLUDING DEATH), PROPERTY DAMAGES (INCLUDING LOSS OF USE) AND OTHER LOSSES, DEMANDS, SUITS, JUDGMENTS, EXPENSES AND COSTS, INCLUDING BUT NOT LIMITED TO, REASONABLE ATTORNEYS' FEES AND EXPENSES (INCLUDING ATTORNEYS' FEES AND EXPENSES INCURRED IN ENFORCING THE INDEMNITY), ARISING OUT OF, RELATED TO OR RESULTING FROM, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, ANY WORK PERFORMED BY [DEVELOPER CONTRACTOR] ON THE [THE STORMWATER IMPROVEMENTS], WHETHER SUCH ACTIONS OR OMISSIONS WERE INTENTIONAL OR UNINTENTIONAL, AND THAT THE INDEMNITY PROVIDED HEREIN IS NOT INTENDED TO AND SHALL NOT, IN ANY WAY, CREATE ANY CAUSE OF ACTION FOR THE BENEFIT OF THIRD PARTIES. THIS INDEMNIFICATION PROVISION AND THE USE OF THE TERM "CLAIMS" IS ALSO SPECIFICALLY INTENDED TO APPLY TO, BUT NOT LIMITED TO, ANY AND ALL CLAIMS, WHETHER CIVIL OR CRIMINAL, BROUGHT AGAINST WYLIE BY ANY GOVERNMENT AUTHORITY OR AGENCY RELATED TO ANY PERSON PROVIDING SERVICES UNDER THIS AGREEMENT THAT ARE BASED ON ANY FEDERAL IMMIGRATION LAW AND ANY AND ALL CLAIMS, DEMANDS, DAMAGES, ACTIONS AND CAUSES OF Development Agreement — CVS Pharmacy, Inc. Stormwater Improvements Page 4 of 23 2457747 46653405v.2 ACTION OF EVERY KIND AND NATURE, KNOWN AND UNKNOWN, EXISTING OR CLAIMED TO EXIST, RELATING TO OR ARISING OUT OF ANY EMPLOYMENT RELATIONSHIP BETWEEN DEVELOPER CONTRACTOR AND ITS EMPLOYEES OR SUBCONTRACTORS AS A RESULT OF THAT SUBCONTRACTOR'S OR EMPLOYEE'S EMPLOYMENT OR SEPARATION FROM EMPLOYMENT WITH THE DEVELOPER CONTRACTOR, INCLUDING BUT NOT LIMITED TO ANY DISCRIMINATION CLAIM BASED ON SEX, SEXUAL ORIENTATION OR PREFERENCE, RACE, RELIGION, COLOR, NATIONAL ORIGIN, AGE OR DISABILITY UNDER FEDERAL, STATE OR LOCAL LAW, RULE OR REGULATION, OR ANY CLAIM FOR WRONGFUL TERMINATION, BACK PAY, FUTURE WAGE LOSS, OVERTIME PAY, EMPLOYEE BENEFITS, INJURY SUBJECT TO RELIEF UNDER THE WORKERS' COMPENSATION ACT OR WOULD BE SUBJECT TO RELIEF UNDER ANY POLICY FOR WORKERS' COMPENSATION INSURANCE AND ANY OTHER CLAIM, WHETHER IN TORT, CONTRACT OR OTHERWISE. DEVELOPER CONTRACTOR IS EXPRESSLY REQUIRED TO DEFEND WYLIE AGAINST ALL SUCH CLAIMS. THIS SECTION SHALL SURVIVE THE TERMINATION OF THIS AGREEMENT." (e) As an additional condition of Wylie issuing Wylie's Final Acceptance of the Stormwater Improvements, Developer shall transfer and deliver to Wylie all manufacturers' warranties, with Wylie being the beneficiary thereof, for all products, materials and elements of the Stormwater Improvements. This Section 4(e) shall survive the termination of this Agreement. (f) The parties agree that the Stormwater Improvements shall be constructed and completed in one phase. Upon Wylie's Final Acceptance of the Stormwater Improvements, the Stormwater Improvements shall become the sole property of Wylie. (g) As conditions to Developer receiving the Cash Reimbursement (hereinafter defined) as described in Section 5 below and/or the Impact Fee Credit (hereinafter defined) as described in Section 6 below, Developer shall (i) obtain Wylie's Final Acceptance of the Stormwater Improvements and (ii) tender to Wylie evidence, in a form reasonably acceptable to Wylie, that all of the design and construction costs of the Stormwater Improvements have been incurred and paid by Developer, including but not limited to, affidavits of payment/affidavits as to debts and liens and any other evidence reasonably required by Wylie ("Evidence of Payments"). The Evidence of Payments shall reflect Developer's final, actual cost to design and construct the Stormwater Improvements ("Actual Stormwater Improvements Costs"). Wylie acknowledges that the Evidence of Payments may occur subsequent to Wylie's Final Acceptance of the Stormwater Improvements. 5. Cash Reimbursement. Provided that Developer fulfills all of its obligations under this Agreement, including but not limited to, (i) Developer obtaining Wylie's Final Development Agreement — CVS Pharmacy, Inc. Stormwater Improvements Page 5 of 23 2457747 46653405v.2 Acceptance of the Stormwater Improvements; and (ii) Developer tendering to Wylie the Evidence of Payments, Wylie shall participate in a portion of the Actual Stormwater Improvements Costs by, in addition to applying the Impact Fee Credit (hereinafter defined) as described in Section 6, reimbursing Developer in a cash amount equal to Sixty -One Thousand Seven Hundred Thirty and 00/100s Dollars ($61,730) ("Cash Reimbursement"), within thirty (30) days of Wylie's issuance of Wylie's Final Acceptance of the Stormwater Improvements and Wylie's receipt of Developer's written request for such payment together with payment delivery instructions. 6. Impact Fee Credit. Provided that Developer fulfills all of its obligations under this Agreement, including but not limited to, (i) Developer obtaining Wylie's Final Acceptance of the Stormwater Improvements; and (ii) Developer tendering to Wylie the Evidence of Payments, Wylie shall participate in a portion of the Actual Stormwater Improvements Costs, in addition to paying the Cash Reimbursement as described in Section 5, by granting to Developer a credit against the roadway impact fees due and payable on the Property under the Impact Fee Ordinance in an amount equal to Forty - Eight Thousand Eight Hundred Twenty One and 00/100s Dollars ($48,821.00) ("Impact Fee Credit"), representing the sum of the Wylie -approved difference between the amount of the Estimated Required Stormwater Improvements Costs and the amount of the Estimated Required Stormwater Improvements Costs, provided that among other requirements for Wylie's Final Acceptance, the Actual Stormwater Improvements Costs, as evidenced by the Evidence of Payments, are reviewed and approved by Wylie. Wylie agrees to pay, and Developer agrees to accept, the Impact Fee Credit and the Cash Reimbursement as Wylie's sole financial participation in the costs incurred by Developer in connection with its obligations under this Agreement. The Impact Fee Credit shall not be due to Developer until the impact fees for the Property are collected by Wylie, and the Impact Fee Credit shall offset the total amount of roadway impact fees owed and assessed on the Property. Notwithstanding anything to the contrary herein, Developer acknowledges and agrees that the Impact Fee Credit: (i) shall be determined as described above; (ii) is not transferrable to any other property, regardless of ownership of same; and (iii) is subject to applicable provisions of the Impact Fee Ordinance. 7. Default. (a) If Developer fails to comply with any provision of this Agreement, and such failure is not cured within thirty (30) days after Wylie sends written notice of such failure to Developer, then Wylie shall have the following remedies, in addition to Wylie's other rights and remedies: (i) to file this instrument in the Real Property Records of Collin County, Texas as a lien or encumbrance on the Property; (ii) to refuse to accept any portion of any public improvements on the Adjacent Property, including but not limited to, any of the Stormwater Improvements; Development Agreement — CVS Pharmacy, Inc. Stormwater Improvements Page 6 of 23 2457747 46653405v.2 (iii) to withhold the payment of any Cash Reimbursement to Developer pursuant to Section 5 of this Agreement; (iv) to withhold the payment of any Impact Fee Credit pursuant to Section 6 of this Agreement; (v) to refuse to issue a Certificate of Occupancy for the Property; and/or (vi) to seek specific enforcement of this Agreement. (b) If Wylie fails to comply with the terms and conditions of this Agreement and such failure is not cured within thirty (30) days after Wylie receives written notice of such failure from Developer, then Developer may seek specific enforcement of this Agreement as its sole and exclusive remedy. 8. Limitation of Liability. Notwithstanding anything to the contrary herein, the parties agree and acknowledge that Wylie shall not, under any circumstance, be required to tender, or be liable to Developer for, any credit or reimbursement of, or payment of any monies, with regard to the matters set forth herein, except as expressly provided in Section 5 and Section 6 of this Agreement. 9. Covenant Running with the Land. This Agreement shall be a covenant running with the land and Property and shall be binding upon Developer. The parties shall cause this Agreement to be filed in the Real Property Records of Collin County, Texas. The parties shall execute and record a release of this Agreement when its terms and conditions have been fully performed. 10. Limitations of Agreement. The parties acknowledge that of the fees that are or may be payable by Developer to Wylie for the development of the Property, this Agreement addresses only the roadway impact fees prescribed by the Impact Fee Ordinance. Wylie ordinances covering property taxes, utility rates, permit fees, inspection fees, development fees, wastewater and water impact fees, water tap fees, pro -rata fees and the like are not affected by this Agreement. Further, this Agreement does not waive or limit any of the obligations of Developer to Wylie under any ordinance, whether now existing or in the future arising. 11. Notices. Any notice provided or permitted to be given under this Agreement must be in writing and may be served by depositing same in the United States Mail, addressed to the Party to be notified, postage pre -paid and registered or certified with return receipt requested; by facsimile; by electronic mail, with documentation evidencing the addressee's receipt thereof; or by delivering the same in person to such Party a via hand - delivery service, or any courier service that provides a return receipt showing the date of actual delivery of same to the addressee thereof. Notice given in accordance herewith shall be effective upon receipt at the address of the addressee. For purposes of notification, the addresses of the parties shall be as follows: Development Agreement — CVS Pharmacy, Inc. Stormwater Improvements Page 7 of 23 2457747 46653405v.2 If to Wylie, addressed to it at: City of Wylie Attention: City Manager 300 Country Club Road Wylie, Texas 75098 Telephone: (972) 516-6000 Facsimile: (972) 516-6026 Electronic Mail: mindy.mansongMlietexas.gov with a copy to: Abernathy, Roeder, Boyd & Hullett, P.C. Attention: Ryan D. Pittman 1700 Redbud Blvd., Suite 300 McKinney, Texas 75069 Telephone: (214) 544-4000 Facsimile: (214) 544-4044 Email: rpittmangabernathy-law.com If to Developer, addressed to it at: CVS Pharmacy, Inc. One CVS Drive Woonsocket, RI 02895 Attention: Property Administration Store #10887 Facsimile: (401) 770-4695 With a copy to: Orange Development LLC Attention: Donn Fitzer 1200 Corporate Drive Suite G-50 Birmingham, AL 35242 Telephone: (205) 408-3443 ext. 2 Email: dfizer@orangedevinc.com 12. Indemnity. (a) DEVELOPER SHALL RELEASE, DEFEND, INDEMNIFY AND HOLD HARMLESS WYLIE FROM AND AGAINST ALL DAMAGES, INJURIES (INCLUDING DEATH), CLAIMS, PROPERTY DAMAGES (INCLUDING LOSS OF USE), LOSSES, DEMANDS, SUITS, JUDGMENTS AND COSTS, INCLUDING REASONABLE ATTORNEY'S FEES AND EXPENSES (INCLUDING ATTORNEY'S FEES AND EXPENSES INCURRED IN ENFORCING THIS INDEMNITY) CAUSED, IN WHOLE OR IN PART, BY THE NEGLIGENT, GROSSLY NEGLIGENT OR INTENTIONALLY WRONGFUL ACT OR OMISSION OF DEVELOPER OR ITS CONTRACTORS, SUBCONTRACTORS, EMPLOYEES, REPRESENTATIVES, AGENTS, SUCCESSORS, ASSIGNEES, VENDORS, GRANTEES, TRUSTEES, LICENSEES, INVITEES OR ANY OTHER THIRD PARTY FOR Development Agreement — CVS Pharmacy, Inc. Stormwater Improvements Page 8 of 23 2457747 46653405v.2 WHOM DEVELOPER IS LEGALLY RESPONSIBLE, IN ITS/THEIR PERFORMANCE OF THIS AGREEMENT, REGARDLESS OF THE JOINT OR CONCURRENT NEGLIGENCE OF WYLIE (HEREINAFTER "CLAIMS"). (b) IN ITS SOLE DISCRETION, WYLIE SHALL HAVE THE RIGHT TO REASONABLY APPROVE DEFENSE COUNSEL TO BE RETAINED BY DEVELOPER IN FULFILLING ITS OBLIGATION HEREUNDER TO DEFEND AND INDEMNIFY WYLIE, UNLESS SUCH RIGHT IS EXPRESSLY WAIVED BY WYLIE IN WRITING. WYLIE RESERVES THE RIGHT TO PROVIDE A PORTION OR ALL OF ITS OWN DEFENSE; HOWEVER, WYLIE IS UNDER NO OBLIGATION TO DO SO. ANY SUCH ACTION BY WYLIE IS NOT TO BE CONSTRUED AS A WAIVER OF DEVELOPER'S OBLIGATION TO DEFEND WYLIE OR AS A WAIVER OF DEVELOPER'S OBLIGATION TO INDEMNIFY WYLIE PURSUANT TO THIS AGREEMENT. DEVELOPER PROMPTLY SHALL RETAIN WYLIE- APPROVED DEFENSE COUNSEL FOLLOWING RECEIPT OF WYLIE's WRITTEN NOTICE THAT WYLIE IS INVOKING ITS RIGHT TO INDEMNIFICATION UNDER THIS AGREEMENT, BUT IN NO EVENT IN LESS THAN TEN (10) BUSINESS DAYS FOLLOWING RECEIPT OF SUCH WRITTEN NOTICE. IF DEVELOPER FAILS TO RETAIN COUNSEI. WITHIN SUCH TIME PERIOD, WYLIE SHALL PROVIDE A SECOND NOTICE TO DEVELOPER, AND IF DEVELOPER THEREAFTER FAILS TO RETAIN DEFENSE COUNSEL WITHIN FIVE (5) DAYS FROM SAID SECOND NOTICE, WYLIE SHALL HAVE THE RIGHT TO RETAIN DEFENSE COUNSEL ON ITS OWN BEHALF, AND DEVELOPER SHALL BE LIABLE FOR ALL COSTS INCURRED BY WYLIE. (C) THE RIGHTS AND OBLIGATIONS CREATED BY THIS SECTION SHALL SURVIVE THE TERMINATION OF THIS AGREEMENT FOR A PERIOD OF FOUR (4) YEARS. 13. ACKNOWLEDGEMENT OF WYLIE'S COMPLIANCE WITH FEDERAL AND STATE CONSTITUTIONS STATUES AND CASE LAW AND FEDERAL STATE AND LOCAL ORDINANCES RULES AND REGULATIONS, DEVELOPER'S WAIVER AND RELEASE OF CLAIMS FOR OBLIGATIONS IMPOSED BY THIS AGREEMENT. (a) DEVELOPER ACKNOWLEDGES AND AGREES THAT: (i) THE CONVEYANCES, DEDICATIONS, EASEMENTS AND/OR PAYMENT OF MONEY REQUIRED BY THIS AGREEMENT TO BE PERFORMED BY DEVELOPER, IN WHOLE OR IN PART, DO NOT CONSTITUTE A: (A) TAKING UNDER THE TEXAS OR UNITED STATES CONSTITUTION; (B) VIOLATION OF THE TEXAS WATER CODE, AS IT EXISTS OR MAY BE AMENDED; (C) NUISANCE; OR (D) CLAIM FOR DAMAGES OR REIMBURSEMENT AGAINST WYLIE FOR A VIOLATION OF ANY FEDERAL OR STATE CONSTITUTION, STATUTE OR CASE LAW OR ANY FEDERAL, STATE OR LOCAL ORDINANCE, RULE OR REGULATION. Development Agreement — CVS Pharmacy, Inc. Stormwater Improvements Page 9 of 23 2457747 46653405v.2 (11) THE AMOUNT OF DEVELOPER'S FINANCIAL OR INFRASTRUCTURE CONTRIBUTION OR CONVEYANCE OF REAL PROPERTY OR INTERESTS THEREIN (AFTER RECEIVING ALL CONTRACTUAL OFFSETS, CREDITS AND REIMBURSEMENTS, IF ANY) AGREED TO IN THIS AGREEMENT IS ROUGHLY PROPORTIONAL TO THE DEMAND THAT SUCH DEVELOPMENT PLACES ON WYLIE'S INFRASTRUCTURE. (111) DEVELOPER HEREBY RELEASES WYLIE FROM ANY OBLIGATION TO PERFORM OR COMMISSION A TAKINGS IMPACT ASSESSMENT UNDER CHAPTER 2007 OF THE TEXAS GOVERNMENT CODE, AS IT EXISTS OR MAY BE AMENDED. (iv) DEVELOPER HEREBY AGREES THAT THE VALUE OF CONVEYANCE OF THE STORMWATER IMPROVEMENTS TO WYLIE PURSUANT TO THIS AGREEMENT IS ROUGHLY PROPORTIONAL TO THE BENEFIT RECEIVED BY DEVELOPER FOR THE USE OF SAID STORMWATER IMPROVEMENTS, AND DEVELOPER HEREBY WAIVES ANY CLAIM THEREFORE THAT IT MAY HAVE. DEVELOPER FURTHER ACKNOWLEDGES AND AGREES THAT ALL PREREQUISITES TO SUCH A DETERMINATION OF ROUGH PROPORTIONALITY HAVE BEEN MET, AND THAT ANY VALUE RECEIVED BY WYLIE RELATIVE TO SAID CONVEYANCE IS RELATED BOTH IN NATURE AND EXTENT, TO THE IMPACT OF THE DEVELOPMENT OF DEVELOPER'S PROPERTY BY USE OF WYLIE'S INFRASTRUCTURE. DEVELOPER AND WYLIE FURTHER AGREE TO WAIVE AND RELEASE ALL CLAIMS ONE MAY HAVE AGAINST THE OTHER RELATED TO ANY AND ALL ROUGH PROPORTIONALITY AND INDIVIDUAL DETERMINATION REQUIREMENTS MANDATED BY THE UNITED STATES SUPREME COURT IN DOLAN V. CITY OF TIGARD, 512 U.S. 374 (1994), AND ITS PROGENY, AS WELL AS ANY OTHER REQUIREMENTS OF A NEXUS BETWEEN DEVELOPMENT CONDITIONS AND THE PROJECTED IMPACT OF THE PUBLIC INFRASTRUCTURE. (V) DEVELOPER SHALL INDEMNIFY AND HOLD HARMLESS WYLIE FROM AND AGAINST ANY CLAIMS AND SUITS OF DEVELOPER'S PARTNERS, OFFICERS, DIRECTORS, EMPLOYEES, REPRESENTATIVES, AGENTS, SUCCESSORS, ASSIGNEES, VENDORS, GRANTEES OR TRUSTEES BROUGHT PURSUANT TO THIS SECTION. (b) DEVELOPER RELEASES WYLIE FROM ANY AND ALL CLAIMS OR CAUSES OF ACTION BASED ON EXCESSIVE OR ILLEGAL EXACTIONS. (C) DEVELOPER WAIVES ANY CLAIM FOR DAMAGES OR REIMBURSEMENT AGAINST WYLIE FOR A VIOLATION OF ANY FEDERAL OR STATE CONSTITUTION, STATUTE OR CASE LAW OR ANY FEDERAL, STATE OR LOCAL ORDINANCE, RULE OR REGULATION. Development Agreement — CVS Pharmacy, Inc. Stormwater Improvements Page 10 of 23 2457747 46653405v.2 (d) THIS SECTION SHALL SURVIVE THE TERMINATION OF THIS AGREEMENT. 14. Vested Rights/Chapter 245 Waiver. The parties shall be subject to all ordinances of Wylie, whether now existing or in the future arising. This Agreement shall confer no vested rights on the Property, or any portion thereof, unless specifically enumerated herein. In addition, nothing contained in this Agreement shall constitute a "permit" as defined in Chapter 245 of the Texas Local Government Code, as amended, and nothing in this Agreement provides Wylie with fair notice of any project of Developer. DEVELOPER WAIVES ANY STATUTORY CLAIM UNDER CHAPTER 245 OF THE TEXAS LOCAL GOVERNMENT CODE AS AMENDED UNDER THIS AGREEMENT. THIS SECTION SHALL SURVIVE THE TERMINATION OF THIS AGREEMENT. 15. Condemnation Procedures/Rights Waiver. AS ADDITIONAL CONSIDERATION FOR THE BENEFITS DEVELOPER IS RECEIVING UNDER THIS AGREEMENT DEVELOPER HEREBY RELEASES CITY FROM AND AGAINST AND WAIVES ANY ALL RIGHTS TO OR CLAIM FOR ANY RELIEF UNDER CHAPTER 2206 OF THE TEXAS GOVERNMENT CODE, AS AMENDED, AND/OR CHAPTER 21 OF THE TEXAS PROPERTY CODE AS AMENDED ARISING OUT OF ANY ACTS OR OMISSIONS UNDER THIS AGREEMENT. 16. Attorney's Fees. If either Party files any action or brings any proceeding against the other arising from this Agreement, then as between Developer and Wylie, the prevailing party shall be entitled to recover as an element of its costs of suit, and not as damages, reasonable and necessary attorneys' fees and litigation expenses both at trial and on appeal, subject to the limitations set forth in TEX. Loc. Gov'T CODE § 271.153, as it exists or may be amended, if applicable. 17. Warranties/Representations. All warranties, representations and covenants made by one party to the other in this Agreement or in any certificate or other instrument delivered by one party to the other under this Agreement shall be considered to have been relied upon by the other party and will survive the satisfaction of any fees under this Agreement, regardless of any investigation made by either party. 18. Entire Agreement. This Agreement contains the entire agreement of the parties with respect to the matters contained herein and may not be modified or terminated except upon the provisions hereof or by the mutual written agreement of the parties. 19. Governing Law; Venue. The laws of the State of Texas shall govern the interpretation, validity, performance and enforcement of this Agreement, without regard to conflict of law principles. This Agreement is performable in Collin County, Texas, and the exclusive venue for any action arising out of this Agreement shall be a court of appropriate jurisdiction in Collin County, Texas. 20. Consideration. This Agreement is executed by the parties without coercion or duress and for substantial consideration, the sufficiency of which is forever confessed. Development Agreement — CVS Pharmacy, Inc. Stormwater Improvements Page 11 of 23 2457747 46653405v.2 21. Multiple Counterparts. This Agreement may be executed in a number of identical counterparts, each of which shall be deemed an original for all purposes. An electronic mail or facsimile signature will also be deemed to constitute an original if properly executed and delivered to the other party. 22. Authority to Execute. The individuals executing this Agreement on behalf of the respective parties below represent to each other and to others that all appropriate and necessary action has been taken to authorize the individual who is executing this Agreement to do so for and on behalf of the party for which his or her signature appears, that there are no other parties or entities required to execute this Agreement in order for the same to be an authorized and binding agreement on the party for whom the individual is signing this Agreement and that each individual affixing his or her signature hereto is authorized to do so, and such authorization is valid and effective on the Effective Date (hereinafter defined). The parties agree that the performance of the parties under this Agreement is authorized by Section 212.072 of the Texas Local Government Code. 23. Savings; Severability. In the event that a term, condition or provision of this Agreement is determined to be invalid, illegal, void, unenforceable or unlawful by a court of competent jurisdiction, then that term, condition or provision shall be deleted and the remainder of the Agreement shall remain in full force and effect as if such invalid, illegal, void, unenforceable or unlawful provision had never been contained in this Agreement. 24. Representations. Each party represents that it has carefully read this Agreement, knows the contents hereof, has consulted with an attorney of its choice regarding the meaning and effect hereof and is signing the same solely of its own judgment. 25. No Third Party Beneficiaries. Nothing in this Agreement shall be construed to create any right in any third party not a signatory to this Agreement, and the parties do not intend to create any third party beneficiaries by entering into this Agreement. 26. Assimment/Binding Effect. (a) This Agreement is assignable, in whole or in part, upon the following conditions, all of which must be satisfied before any such assignment shall be valid and enforceable: (i) the assignment of the Agreement must be evidenced by a recordable document ("Assignment"), the form of which must be approved in writing by Wylie; (ii) the Assignment must expressly contain, among any other reasonable requirements and conditions of Wylie, an acknowledgment and agreement that all obligations, covenants and conditions contained in this Agreement will be assumed solely and completely by the assignee, and the contact name, address, phone number, fax number and electronic mail address of the assignee; Development Agreement — CVS Pharmacy, Inc. Stormwater Improvements Page 12 of 23 2457747 46653405v.2 (iii) Developer will file any approved, executed Assignment in the Real Property Records of Collin County, Texas; and (iv) Developer shall provide Wylie with a file -marked copy of the Assignment within ten (10) days of filing the same, and until Wylie receives said file - marked copy of the Assignment as provided herein, Wylie shall not, under any circumstance, recognize said Assignment. (b) This Agreement shall be binding upon and inure to the benefit of Wylie and Developer. 27. Indemnification. The parties agree that the Indemnity provisions set forth in Section 12 and Section 13 herein are conspicuous, and the parties have read and understood the same. 28. Construction and Bond Requirements. All construction described herein shall be subject to and in compliance with all ordinances, rules, regulations and requirements of Wylie, as they exist, may be amended or in the future arising (collectively, "Regulations"), including, but not limited to, all Regulations applicable to Wylie's Final Acceptance, and evidence of any bonds required by Section 212.073 of the Texas Local Government Code, as amended, other applicable law or this Agreement shall be provided by Developer to Wylie (collectively, "Construction Requirements"). 29. Waiver. Waiver by either party of any breach of this Agreement, or the failure of either party to enforce any of the provisions of this Agreement, at any time, shall not in any way affect, limit or waive such party's right thereafter to enforce and compel strict compliance. 30. Immunity. It is expressly understood and agreed that, in the execution and performance of this Agreement, Wylie has not waived, nor shall be deemed hereby to have waived, any defense or immunity, including governmental, sovereign and official immunity, that would otherwise be available to it against claims arising in the exercise of governmental powers and functions. By entering into this Agreement, the parties do not create any obligations, express or implied, other than those set forth herein. 31. Reference to Developer. When referring to "Developer" herein, this Agreement shall refer to and be binding upon Developer, its agents, representatives, contractors, employees, successors, assignees (as authorized herein), vendors, grantees, trustees, legal representatives and any other third parties for whom Developer is legally responsible. 32. Deference to Wylie. When referring to "Wylie" herein, this Agreement shall refer to and be binding upon Wylie and Wylie's Council Members, agents, representatives, employees and any other authorized third parties for whom Wylie is legally responsible. Development Agreement — CVS Pharmacy, Inc. Stormwater Improvements Page 13 of 23 2457747 46653405v.2 33. Miscellaneous Drafting Provisions. This Agreement shall be deemed drafted equally by all parties hereto. The language of all parts of this Agreement shall be construed as a whole according to its fair meaning, and any presumption or principle that the language herein is to be construed against any party shall not apply. Headings in this Agreement are for the convenience of the parties and are not intended to be used in construing this document. [Signature page follows.] IN WITNESS WHEREOF, the parties have executed this Agreement and caused this Agreement to be effective when all the parties have signed it. The date this Agreement is signed by the last party to sign it (as indicated by the date associated with that party's signature below) will be deemed the effective date of this Agreement ("Effective Date"). CITY OF WYLIE, TEXAS, a home -rule municipality Date: Attested to by: Stephanie Storm, City Secretary STATE OF TEXAS § COUNTY OF COLLIN § Mindy Manson, City Manager BEFORE ME, the undersigned authority, on this day personally appeared Mindy Manson, known to me to be one of the persons whose names are subscribed to the foregoing instrument; she acknowledged to me that she is the City Manager and duly authorized representative for the City of Wylie, Texas, and that she executed said instrument for the purposes and consideration therein expressed. GIVEN UNDER MY HAND AND SEAL OF OFFICE this day of .2018. Notary Public, State of Texas My Commission Expires:_ Development Agreement — CVS Pharmacy, Inc. Stormwater Improvements Page 14 of 23 2457747 46653405v.2 [SIGNATURE PAGE TO DEVELOPMENT AGREEMENT] CVS PHARMACY, INC., a Rhode Island corporation By: Title: Date: Legal Approval: STATE OF § COUNTY OF § BEFORE ME, the undersigned authority, on this day personally appeared known to me to be one of the persons whose names are subscribed to the foregoing instrument; he/she acknowledged to me that he/she is the and duly authorized representative of CVS Pharmacy, Inc., a Rhode Island corporation, and that he/she executed said instrument for the purposes and consideration therein expressed and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE this day of 92018. Notary Public, State of My Commission Expires: Development Agreement — CVS Pharmacy, Inc. Stormwater Improvements Page 15 of 23 2457747 Exhibit A Legal Description of the Property PROPERTY DESCRIPTION STATE OF TEXAS § COUNTY OF COLLIN BEING a tract of lad situated in the WILLIAM PATTERSON SURVEY, ABSTRACT NO, 716. City or Wylie. Collin County. Texas, and being a Portion oftwo (2) tracts of lad described in deal to Parker Country Chub. L.P.. a recorded in County Clerk's Instrument Nos. 200603140003345% and 20060314000334610. Official Public Records, Collin County. and being more pt nicularly described as lollows: BEGINNING at an shimiam Texas DeprrenMcot of Trahsportmion (TxDOT) monumem found for the Northerly Southeast corner ore tract of lad described ht )udgenamt of court in Absence of Objection recorded in County Clerks Innhunetet No. 201511 ! 7001447470, Official Public Racwds. Colin County. Taxa, said poet being at the Northerly and of a corner clip at die intersection of the futwe Westerly runt -of -way of Country Chub Road (F.M. 13711), a variates width right-of-way, with the future Southerly right-of-way of Palter Road (F.M. 2514 a variable writ rio-of way: THENCE South 45 dog 06 min 57 Writ East, along said comer clip, a distaw of 47.97 fad to a V2 -inch urea rod with rod plastic cat stamped "W.A.1." set for comer THENCE South 00 deg 23 min S2 we East, along the future Westerly ri81N-of-way of said Country Chub Road an described in Notice of Lis Pendens recorded in County Clat's insmanentt No. 201 So i 13000037290, Official Public Records. Collin County, Texas, a distance of 391.50 feat to a 112 -inch iron rod with red plastic can stamped "W.A.1 " set for tatter. THENCE South U dog 44 min 09 see Wm departing the fiiurra Westerly right -d -way of said Country Club Rost a distance of 192.29 Goat to a 54 -inch itvn rod with yellow tic cap found for comer on the Eat line of a tract of bad described in deed to Thomas and Naomi Sessums as recot*d in Volume 4607, Pap 342. Official Public Records, Collin County. Texas. THENCE North 00 deg SS min 43 sec Wast, alone, the West loos of said Parker Country Club tram sand the Eu litre of said Sessums tract. a distance of 430.16 to a point for comer on the fine Southerly right -a -way of said Parker Road at its intersection with the East fate of said Sessums tract from which an aluminum! TxDOT raonuanetu route! bass South 30 deg 20 min 36 we East. a distance of 0.49 feed THENCE South 89 deg 48 min 44 sec Eat„ along the futwe South right-of-way of said Poker Road, a distance of 162.18 flea to the POINT OF BEGINNING. CONTAINING within dim rhes and hounds 1.896 acres or 12.596 square Deet of land, more or less Development Agreement — CVS Pharmacy, Inc. Stormwater Improvements Page 16 of 23 2457747 Development Agreement — CVS Pharmacy, Inc. Stormwater Improvements Page 17 of 23 2457747 Exhibit B Stormwater Improvements MA TCH LINE Oki 1RHill HRel $¢ R I; N g� � vJ' Ic, i 2 5��� �� I \� � ry Iii �Tv�... i W •tV{; - 4 �'I1 II I I I�I Q o �• a N • - ��020\ ' a NCoFF] y ���� + co z u, v C F, I FDC 85R ■ Development Agreement — CVS Pharmacy, Inc. Stormwater Improvements Page 18 of 23 2457747 �1z ; () Pm3 § �' 0 z ■ , j'• § Development Agreeme!— CVS Pharmacy, Inc. StormwBe Improvements Page 19 of 23 &9774 x N, 9R,� „o ego Z' Mu a Vu„ a I I I1�11 u I N n c: os s " 1!' a RIJN 1 F $ e z z m + a Develar,....,... — . U . ..s., -0 of 23 2457747 AAo '� �_uu 1mm SN q.1a'NI. n errmr.u�11 „ Ppl /ADOrGR.a N i i -ss'L /rwme�r mJ e R� Al VVIS R fn e..•-ssa z -mese �vry srue n re'-,�rnre _ _ ,u _ r Ao:mm rou urc r cazr. uNrr mwrrcros. row re• rna[ M.d) -ssar w u s r. n intimas � .. i. -.are•1 1 8 r r..v ISI oQg •. o a a I I I1�11 u I N n c: os s " 1!' a RIJN 1 F $ e z z m + a Develar,....,... — . U . ..s., -0 of 23 2457747 m _24 i6 iS f y � - r ` to N L Z 4- It - TY� 3• gC, e P1N lzrn m Ra (°�f DR �5 lie, L (c r" R + e T Y' ig S.e��• - da � + iSdY 3@ ,� qs k A T -. S -r S �• �po r -1 A V1 m � °�i '�� �d CM (lam '8a' �'�ir S BSS• � g i R It - TY� 3• gC, e P1N lzrn m Ra (°�f DR �5 lie, L (c r" °• Sy�B s �g`��R'. 36$ RQ .4 8�1o� 4 . : 6�4 e Y' ig S.e��• - da � ap y f� iSdY 3@ ,� qs k A T -. S -r S �• -1 A V1 � °• Sy�B s �g`��R'. 36$ RQ .4 8�1o� 4 . : 6�4 e 9 ig S.e��• - �_ � .a � °�i '�� �d E3 3 �o '8a' �'�ir S BSS• � g °• Sy�B s �g`��R'. 36$ RQ .4 8�1o� 4 . : 6�4 .a � °�i '�� �d E3 3 �o '8a' �'�ir S BSS• � g Developllle it Agueelllelll — l-. V J r11al-IIIavy, 1110. atul-Illwalel- 111 pl-uVelliclub rage A of 23 2457747 Exhibit C Estimated Cost Analysis City of Wylie - Box Culvert Participation Parker Country Club Cost Estimate July 17, 2018 184 LF 8'x4' RCB S 84,840.00 40 LF 24" RCP $ 2,960.00 Grading in Ditch areas $ 14,000.00 Difference between Old and New Detention Outfall 171 LF 18" RCP (New) S 10,431.00 42 LF 12" HDPE (Old) $ (1,680.00) DELTA $ 8,751.00 TOTAL $ 110,551.00 Development Agreement — CVS Pharmacy, Inc. Stormwater Improvements Pa, -Ye 22 of 23 2457747 Exhibit D Easement Development Agreement — CVS Pharmacy, Inc. Stormwater Improvements Page 23 of 23 2457747