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HomeMy WebLinkAboutResolution - 2014-R0146 - Agreement - MRXNO LLC - Kewanee Ave And Drainage Improvements - 04/10/2014RESOLUTION BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Mayor of the City of Lubbock is hereby authorized and directed to execute for and on behalf of the City of Lubbock, a Developer Agreement for construction of a portion of Kewanee Avenue and drainage improvements, West End Addition, by and between the City of Lubbock and MRXNO, LLC, and related documents. Said Agreement is attached hereto and incorporated in this resolution as if fully set forth herein and shall be included in the minutes of the City Council. Passed by the City Council on April 10, 2014 GL C. RO RTSON, MAYOR ATTEST: Reb cca Garza, City SecretD APPROVED AS TO CONTENT: R. Keith Smith, P.E., Director of Public Works APPROVED AS TO FORM: Chad Weaver, Assistant City Attorney vw:ccdocs/RES.Agrmt-MRXNO, LLC March 24, 2014 STATE OF TEXAS COUNTY OF LUBBOCK § DEVELOPMENT AGREEMENT FOR CONSTRUCTION OF A PORTION OF KEWANEE AVENUE & DRAINAGE IMPROVEMENTS, WEST END ADDITION This Development Agreement ("Agreement") is entered into this day of 2014, by and between the City of Lubbock, Texas, a Texas home rule municipal corporation (the "City") and MRXNO, LLC, (the "Developer"). til"NOMM140111 WHEREAS, Developer is the developer of certain real property adjacent to Kewanee Avenue, located within the corporate limits of the City; WHEREAS, Developer is required, pursuant to Chapter 38 of the Code of Ordinances of the City, to participate in the paving of Kewanee Avenue from 29th Street to 34th Street, and to bear the cost of such participation; WHEREAS, a portion of Kewanee Avenue is related to the Developer's development and is unpaved (the "Unpaved Portion"), said Unpaved Portion of Kewanee Avneue being depicted on Exhibit "A", attached hereto, and is not the responsibility of Developer to participate in such paving; WHEREAS, certain Drainage Improvements (the "Drainage Improvements" are related to the Developer's development and are depicted on Exhibit "A" attached hereto; Developer Agreement-MRXNO, LLC Page 1 of 9 WHEREAS, the Unpaved Portion and Drainage Improvements are less than thirty percent (30%) of the Contract Price that the Developer will enter into related to the West End Addition paving project and drainage improvements; WHEREAS, the City desires that such Unpaved Portion now be paved and Drainage Improvements be made; WHEREAS, the City, to realize cost savings due to economies of scale, now desires that Developer perform such paving of the Unpaved Portion of Kewanee Avenue and install Drainage Improvements, and that the City reimburse Developer of such costs; and WHEREAS, the City and Developer now desire to enter into this Agreement wherein City agrees to pay Developer a portion (not to exceed $175,000) of the costs related to the paving of the Unpaved Portion of Kewanee Avenue and Drainage Improvements associated with this paving. NOW, THEREFORE, in consideration of the mutual covenants, promises and obligations set forth herein, the sufficiency of which is hereby acknowledged, the City and Developer hereby agree as follows: SECTION 1 Developer Activities 1.01 Developer shall proceed in a diligent manner to completion of the Unpaved Portion and Drainage Improvements associated with the improvements of Kewanee Avenue in accordance with all applicable laws, City of Lubbock Code of Ordinances, and City of Lubbock policies. Completion of such improvements shall occur on or before December 31, 2014. Completion of the Unpaved Portion and Drainage Improvements Developer Agreement-MRXNO, LLC Page 2 of 9 associated with the improvements of Kewanee Avenue shall not be deemed to have occurred unless and until the City shall have accepted such improvements as being in compliance with the terms of this Agreement. 1.02 Developer shall comply with applicable laws related to private performance of public improvements, including without limitation, Subchapter C of Chapter 212 of the Local Government Code. SECTION 2 City Participation 2.01 The City shall, subject to the terms hereof, participate in the Unpaved Portion and Drainage Improvements associated with the improvements of Kewanee Avenue to an amount not to exceed, one hundred seventy-five thousand and NO/100 Dollars ($175,000.00), based on the actual bid prices of the Unpaved Portion and Drainage Improvements. It is expressly hereby represented and warranted by Developer to City that the total Contract Price regarding this project is estimated to be Eight Hundred Eleven Thousand Four Hundred Sixty Two and 23/100 Dollars ($811,462.23). 2.02 The City shall pay to Developer the actual bid price amount, as limited herein not to exceed $175,000.00 upon completion of the Unpaved Portion and Drainage Improvements associated with the improvements of Kewanee Avenue, and inspection and acceptance thereof by the City. It is expressly stipulated that the City shall owe no funds to Developer unless and until the Unpaved Portion and Drainage Improvements associated Developer Agreement-MRXNO, LLC Page 3 of 9 with the improvements of Kewanee Avenue is completed in accordance with all laws, City of Lubbock Code of Ordinance provisions, and City of Lubbock policies. 2.03 Under no circumstance or event shall the participation of the City exceed thirty percent (30%) of the total contract price contemplated by subchapter C of Chapter 212 of the Texas Local Government Code. In the event such participation, as computed and limited herein by the "not to exceed" sum provided in Section 2.01, above, shall so exceed thirty percent (30%) of the Contract Price, the City shall be obligated to pay only thirty percent (30%) of the Contract Price, but never more than the "not to exceed" sum provided in Section 2.01, above. SECTION 3 1'erformance Bond 3.01 Developer shall execute a Performance Bond for the construction of the Unpaved Portion and Drainage Improvements associated with the improvements of Kewanee Avenue to insure completion of the project. The bond must be executed by a corporate surety in accordance with Chapter 2253, Government Code, State of Texas. The bond shall be submitted to the City Engineer of the City of Lubbock on or before beginning any work on the Unpaved Portion and Drainage Improvements. In the event such performance bond is not so submitted, this Contract shall be null and void and of no force and effect. SECTION 4 Additional Safeguards_ Developer Agreement-MRXNO, LLC Page 4 of 9 4.01 All of Developer's books and other records related to the Developer's Paving and Drainage Improvements associated with Kewanee Avenue shall be available for inspection by the City at the offices of Developer at 541268 1h Street, Lubbock, Texas, upon and during business hours thereof. Developer shall furnish actual contract documentation to the City that depicts the actual costs of paving of Kewanee Avenue and Drainage Improvement prior to request for payment from the City. SECTION 5 Term 5.01 The term of this Agreement shall begin on the date of execution of this Agreement by City and end upon the complete performance of all obligations by each party to this Agreement. SECTION 6 Indemnity 6.01 Developer agrees to defend, indemnify, and hold City, its officers, agents, employees, and elected officials, harmless from and against any and all claims, lawsuits, liabilities, judgments, costs and expenses for any harm for which recovery of damages is sought that may arise out of, be occasioned by or related to Developer's breach of any of the terms or provisions of this Agreement. SECTION 7 Events of Default / Remedies 7.01 A default shall exist if either party fails to perform or observe any material covenant or obligation contained in this Agreement, or if any material representation and/or warranty provided for herein is not true or correct. The non -defaulting party shall notify the defaulting party in writing upon Developer Agreement-MRXNO, LLC Page 5 of 9 becoming aware of any event that constitutes a default. Such notice shall specify the nature of the default and what action, if any, the non -defaulting party requires or proposes to require with respect to curing the default. 7.02 If a default shall occur and be continuing, after ten (10) days written notice to cure such default, the non -defaulting party may pursue any and all remedies it may be entitled to at law, contract, equity, or otherwise, including without limitation, termination of this Agreement. It is agreed that failure to declare this Agreement terminated upon the default of Developer for any of the reasons set forth above shall not be construed as a waiver of any of the City's rights hereunder or otherwise bar or preclude City from declaring this Agreement terminated as a result of any subsequent violation of any of the terms or conditions of this Agreement. All of such remedies are expressly cumulative and the exercise of one or more remedies shall not preclude the simultaneous or subsequent exercise of different or additional remedies. SECTION 8 Miscellaneous 8.01 This Agreement is performable in Lubbock County, Texas, and venue for any action arising out of this Agreement shall be exclusively in Lubbock County, Texas. This Agreement shall governed by and construed in accordance with the laws of the State of Texas. 8.02 Any notice required by this Agreement shall be deemed to be properly served, if (i) provided in person or by telephonic facsimile; or (ii) deposited in the United States mail by certified letter, return receipt Developer Agreement-MRXNO, LLC Page 6 of 9 requested, addressed to the recipient at recipient's address shown below, subject to the right of either party to designate a different address by notice given in the manner just described. Notice shall be deemed to be received when delivered if provided in person or by telephonic facsimile or, if deposited in the United States mail, as set forth above, (4) days after depositing such notice in the United States mail, as set forth above. For City: James Loomis, City Manager City of Lubbock P. O. Box 2000 Lubbock, Texas 79457 Facsimile No. 806-775-2051 with copy to: R. Keith Smith, P.E., Director of Public Works City of Lubbock P.O. Box 2000 Lubbock, Texas 79457 Facsimile No. 806-775-3074 For Developer: Marvin Crossnoe MRXNO, LLC 521468 1h Street, Suite 200 Lubbock, TX 79424 Facsimile: 806-687-8570 Email: mcrossnoe@XNODevelopment.com 8.03 In case any one or more of the provisions contained in this Agreement shall for any reason be held to be invalid, illegal or unenforceable in any respect, except as may otherwise be provided herein, such invalidity, illegality or unenforceability shall not in any way affect any other provision hereof and this Agreement shall be considered as if such invalid, Developer Agreement-MRXNO, LLC Page 7 of 9 illegal or unenforceable provision had never been contained in this Agreement. 8.04 City and Developer each bind themselves and their successors and assigns to the other parties of this Agreement. Developer represents and warrants to City that it (i) possesses the requisite power and authority to execute, deliver and perform this Agreement; (ii) has taken all actions and formalities necessary to authorize Developer to execute, deliver and perform this Agreement; and (iii) the party executing for and on behalf of Developer has been duly authorized to act in such behalf for Developer. 8.05 City and Developer herein recognize that the continuation of any agreement at the close of any given fiscal year of the City of Lubbock, Texas, which fiscal year ends on September 30 of each year, shall be subject to Council budget approval of the City, providing for or covering such agreement item as an expenditure therein. The City does not represent that said budget item will actually be adopted as this determination is within the sole discretion of the City Council. 8.06 The City reserves the right to exercise any right or remedy available to it by law, contract, equity, or otherwise, including without limitation, the right to seek any and all forms of relief in a court of competent jurisdiction. Further, the City shall not be subject to any arbitration process prior to exercising its unrestricted right to seek judicial remedy. The remedies set forth herein are cumulative and not exclusive, and may be exercised concurrently. To the extent of any conflict between this Developer Agreement-MRXNO, LLC Page 8 of 9 provision and another provision in, or related to, this document, this provision shall control. The parties enter into this Agreement on the day of 52014 DEVELOPER: MRXNO, LLC By: MARVIN C OSSNOE, DEVELOPER CITY OF L GLE YV. ROBERSTON, MAYOR ATTEST: Reb cca Garza, City. 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