Res 006-2020 Agreement with AETC Housing LP - Balfour Beatty 1/21/2020
Resolution No. 06-2020
Resolution authorizing the City Manager to renew an agreement with
AETC Housing L.P. (Balfour Beatty) to provide municipal services at
Sheppard Air Force Base Housing Communities
WHEREAS, SAFB hired AETC Housing Limited to own, operate, improve, and
manage the military housing developments at SAFB known as Freedom Estates, Bunker
Hill, and Wind Creek Village/Wherry Housing Communities; and,
WHEREAS, in February 2007, December 2008, and again in December 2013,
AETC Housing and the City entered into agreements to provide certain municipal services
to these housing communities in exchange for certain fees; and,
WHEREAS, the term of this agreement has since expired; and,
WHEREAS, the City and AETC Housing desire to renew this agreement for an
additional five-year term, with changes as provided in the attached agreement.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF WICHITA FALLS, TEXAS, THAT:
The City Manager is hereby authorized to execute the attached five-year
Agreement between AETC Housing L.P. and the City of Wichita Falls, Texas, with
changes as provided by the City Attorney, to provide municipal services at Sheppard Air
Force Base housing communities being managed by AETC Housing LP.
______________________________
M A Y O R
ATTEST:
____________________
City Clerk
AGREEMENT BETWEEN
AETC HOUSING LP AND
THE CITY OF WICHITA FALLS, TEXAS
(Five Year Renewal Term)
THIS AGREEMENT, made this _________ day of ________________, 2020, to be
effective as of January 1, 2020 by and between AETC Housing LP, a
Delaware limited partnership ("AETC Housing"), and The City of Wichita Falls, Texas (the
"Municipality").
WITNESSETH:
WHEREAS, the United States Congress, through Subtitle A-Military Housing Privatization Initiative of
the 1996 Defense Authorization Act, P.L. 104-106 110 Stat. 186 (the "Military Housing Initiative"),
provided alternative authorities for acquisition and improvement of military housing; and
WHEREAS, Balfour Beatty Communities, LLC, a Delaware limited liability company, has
formed AETC Housing,mission and operations are governed by an operating
a public-private entity whose
agreement entered into by the Air Force and AETC Housing (the "Operating Agreement") and whose
purpose is to own, operate, improve and manage the military housing supporting certain Air Force
installations associated with the Air Education Training Command referred to as AETC Group I including
military housing developments known as Freedom Estates (described in Exhibit A hereto as Parcel 1 and
previously known as Capehart)
Village/Wherry-at Sheppard Air Force Base in the City of
Wichita Falls (the "Base"); and
WHEREAS, the Air Force has (i) leased certain land (the "Land") pursuant to a fifty-year ground
lease (the "Ground Lease") and (ii) transferred title to certain housing improvements and ancillary
facilities currently existing at or otherwise servicing the Base (the "Improvements") to AETC Housing, and
AETC Housing has contracted for all necessary services, including architectural, engineering and
construction services, obtained financing from a private lender, and supervised renovation or demolition
of existing housing and construction of new housing and ancillary facilities in accordance with
specifications and plans approved by the Air Force; and
WHEREAS, AETC Housing operates, manages and maintains the resulting residential units and related
ancillary facilities primarily for military family housing units for military personnel (the "Military
Housing"); and
WHEREAS, the legal description of the Land is more particularly set forth on Exhibit A attached
hereto and incorporated herein by reference (the Land together with the Improvements and any
improvements constructed thereon in the future, sometimes referred as the "Property"); and
WHEREAS, AETC Housing, in exchange for certain fees, desires to reimburse the Municipality for certain
services from the Municipality, specifically police, fire, first responder emergency medical services, street
maintenance, water services, environmental health services, and refuse collection and disposal services.
WHEREAS, AETC Housing and the Municipality entered into an initial agreement on February 7, 2007 for
these services , which was extended by agreement dated December 16, 2008 and expired
on December 31, 2013; and
WHEREAS, AETC Housing and the Municipality entered into a new agreement on January 1, 2014 for these
services, which expired on December 31, 2018.
WHEREAS, AETC Housing and the Municipality desire to execute this agreement to renew the Original
Agreement for a five year term on the terms and conditions stated herein.
NOW, THEREFORE, in consideration of the premises and the mutual agreement herein contained,
AETC Housing and the Municipality, hereby agree as follows:
1. SERVICES TO BE RENDERED. From and after January 1, 2020, the Municipality agrees to furnish
with respect to the Military Housing, subject to the limitations hereinafter provided, the services that are
described in Exhibit B (the "Services"). AETC Housing agrees to receive and pay for the Services and that the
Services shall be exclusively for the benefit of the Military Housing and AETC Housing's operations in
connection with the Military Housing.
2. TERM and RENEWAL TERM.
(a) Unless otherwise agreed upon by the Municipality and AETC Housing, or sooner terminated
pursuant to Paragraph 6 below, the term of this Agreement (the "Term'") shall commence on January 1,
2020 and shall continue through the expiration date of December 31, 2024.
(b) This Agreement may be renewed upon the written consent of both parties for one or more
additional five (5) year terms. At least three (3) months prior to the end of the initial term and any renewal
term, the Municipality and AETC Housing will commence good faith negotiations on the renewal of this
Agreement. In the event this Agreement is renewed for one or more additional terms, the provisions of this
Agreement shall remain in full force and effect for each such renewal term except and only to the extent that
any provisions hereof are specifically amended by the renewal agreement.
3. PAYMENTS.
(a) AETC Housing agrees to pay the Municipality, as consideration for the provision of the Conventional
Services (as defined in Exhibit B)rates and under the
terms and conditions set forth on Exhibit B. It is hereby acknowledged and agreed that the Annual Services
Fee to be paid by AETC Housing hereunder shall in no way be construed as a tax or payment in lieu of a tax,
but shall instead be a payment in exchange for the Services.
(b) AETC Housing agrees to pay to the Municipality, as consideration for the provision of Refuse
Collection and Disposal Services (as described in Exhibit B), Annual Refuse Collection
and Disposal at the rates and under the conditions set forth in Exhibit B.
(c) AETC Housing agrees to pay to the Municipality, as consideration for the provision of Water
Services (as described in Exhibit B), a monthly fee at the rates and under the terms and conditions set forth in
Exhibit B.
(d) AETC Housing shall not be responsible for late fees, interest or other penalties arising out
of the Municipality's late or incomplete payments to its third party providers unless such penalties result
from or are directly attributable to AETC Housing's failure to pay for Municipal services as and when due.
4. PROVISION OF SERVICE. The Municipality agrees to perform the Services in a manner that
meets or exceeds the level of similar services generally provided by or on behalf of the Municipality to other
properties located within the Municipality's jurisdiction. AETC Housing agrees that, in providing the
conventional municipal services of police, fire, first responder emergency medical services,
environmental health services, and street maintenance under this agreement, the Municipality is obliged to
no more than the standard duty of care in its public function, and is entitled to the defenses provided in law
for the delivery of conventional municipal services of this type to any other member of the public.
5. INFORMATION.
(a) AETC Housing shall notify the Chief Fiscal Officer of the Municipality ("CFO") of any material
addition to the Property as soon as feasible, but in no event later than thirty (30) days after the effective date
of any such event.
(b) AETC Housing shall notify the CFO of any sale, transfer or assignment of the Property or any
portion thereof as soon as feasible, but in no event later than thirty (30) days after the effective date of any
such event.
(c) AETC Housing shall notify the CFO of any termination of the Ground Lease, or any portion
thereof affecting the Property as soon as feasible, but in no event later than thirty (30) days after the effective
date of any such event.
(d) AETC Housing shall notify the CFO in the event that the Military Housing is no longer being
maintained and operated as contemplated by the Military Housing Initiative and the Ground Lease as soon
as feasible, but in no event later than thirty (30) days after the effective date of any such event.
(e) With respect to operational issues, party contacts are as follows:
For the Municipality:
Streets, Sanitation, Water and Sewer Services
Director of Public Works
City of Wichita Falls
th
1300 7 Street
Wichita Falls, TX 76301
Telephone (940) 761-7477
Police Services
Police Chief
City of Wichita Falls
610 Holliday
Wichita Falls, TX 76301
Telephone (940) 761-7732
Fire and First Responder Services
Fire Chief
City of Wichita Falls
1005 Bluff
Wichita Falls, TX 76301
Telephone (940) 761-7901
Environmental Health and Animal Services
Director of Health
Wichita Falls/Wichita County Public Health District
1700 3rd Street
Wichita Falls, TX 76301
Telephone (940) 761-7804
For AETC Housing:
Community Manager
Sheppard AFB Homes
505 Nehls Boulevard
Sheppard AFB, TX 76311
Telephone (940) 613-0709
6. TERMINATION.
(a) If the Property is no longer materially maintained and operated acontemplated by the Military
s
Housing Initiative and this Agreement, this Agreement may be terminated by either party upon ten (10)
days written notice provided that if the events giving rise to this right to terminate are such that they may be
cured, both parties shall be afforded thirty (30) days in which to comply with the Military Housing
Initiative or this Agreement as applicable;
(b) This Agreement may be terminated by either party upon ninety (90) days written notice upon the
happening of any of the following:
(i) Any breach or default by either party of any of the material provisions of this Agreement,
which breach or default is not cured within thirty (30) days from the date of notice default
or breach from the other party. In the event a cure of any such default is not capable of
being completed within said thirty (30) day period, the defaulting party will not be deemed
in breach or default if a good faith effort to cure is commenced within said thirty (30) day
period; or
(ii) The Air Force transfers the fee title to the real property being leased to AETC Housing
pursuant to the terms of the Ground Lease, but only if such transferee is a person or entity
that is not a governmental or quasi-governmental entity.
7. in the Property
SUBSTANTIAL CHANGE IN THE PROPERTY. If there is a material change
due to a material addition to the Property or a disposition of a material portion of the Property, the parties
agree to negotiate in good faith to make any necessary adjustments to the scope of the Services provided to
such addition to the Property or to account for such disposition of a portion of the Property.
8. ADDITIONAL TERMS AND PROVISIONS. The parties hereto agree to any additional terms
as may be particularly set forth on Exhibit "C" attached hereto and incorporated herein by this reference. In
the event that any provision contained on Exhibit "C" attached hereto shall be in conflict with or otherwise
inconsistent with any other provision or provisions of this Agreement, the terms contained on Exhibit "C"
shall control.
9. MUNICIPAL APPROVAL. The Municipality hereby represents and warrants to AETC Housing
that the Municipality has taken all requisite action to authorize and approve the execution and delivery of
this Agreement and the provision of the Services as contemplated herein and that that no additional approvals
are required.
10. AETC HOUSING APPROVAL. AETC Housing hereby represents and warrants to the
Municipality that AETC Housing has taken all requisite corporate action to authorize and approve the
execution and delivery of this Agreement and that that no additional approvals are required.
11. AMENDMENT. This Agreement may not be amended, altered or modified except by an
amendment executed by the Municipality and AETC Housing.
12. GOVERNING LAW. This Agreement and the rights and obligations of the parties hereto and any claims
or disputes thereto shall be governed by and construed in accordance with the laws of the State of Texas.
13. AGREEMENT TO RUN WITH THE LAND. The parties acknowledge and agree
that this Agreement is to run with the Land and shall be appurtenant to and shall run with the title to the
Property and shall inure to the benefit of subsequent owners of the Property.
14.INDEMNIFICATION. To the extent permitted by law,the Municipality shall indemnify and save
harmless AETC Housing, its agents and employees, from and against all claims, damages, losses and expense
(including,but not limited to, attorneys' fees),arising out of or resulting from the performance of the work or
purchase of the services, sustained by any person or persons, provided that any such claim, damage, loss or
expense is attributable to bodily injury, sickness, disease, or death, or to injury to or destruction of property
caused by the tortious act or negligent act or omission of Municipality or its agents, employees or
subcontractors.
AETC Housing shall indemnify and save harmless the Municipality, its agents and employees, from
and against all claims,damages, losses and expense(including, but not limited to,attorneys' fees),arising out
of or resulting from the performance of work or purchase of the services, sustained by any person or persons,
provided that any such claim, damage, loss or expense is attributable to bodily injury, sickness, disease, or
death,or to injury to or destruction of property caused by the tortious act or negligent act or omission of AETC
Housing or its agents, employees or subcontractors.
15.ENTIRE AGlt E:EMENT. This Agreement embodies the complete agreement and understanding
by and among the parties and supersedes and preempts any prior understandings, agreements, or
representation by, between, or among, the parties, written or oral, which may have been related to the
subject matter hereof in any way, including the Original Agreement.
16.COUNTERPARTS. This Agreement may be executed in counterparts, each of which shall for
all purposes be deemed to be an original and all of which shall constitute the same instrument.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed in their respective
names by their respective authorized officers, duly attested on this Agreement, on the day and year first
hereinabove written.
WITNESS: AETC HOUSING LP
By: BBC Military Housing — AETC General Partner
LLC, its general partner
By:Balfour Beatty Military Housing Investments LLC,
its manager
By: Chris Williams
President
Its Authorized Officer
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Its Authorized Officer
EXHIBIT "A"
Map and Descriptions
EXHIBIT "B"
DESCRIPTION OF SERVICES,
COMPUTATION AND PAYMENT OF SERVICES FEE
1.
Conventional Services:
Conventional Services include municipal police, fire, first responder emergency medical services (not
including emergency medical transport services), routine street maintenance (limited to pot hole
maintenance and crack sealing), and environmental health services provided solely within the Freedom
Community as described in Exhibit A.in this Agreement shall be
Estates (Capehart) Housing Nothing
construed as an agreement by the Municipality to provide private services of any kind to AETC
Housing or to provide any services other than those provided for in this Agreement and in the manner
provided to all properties in the Municipality.
a. Annual Services Fee:
During the first year of this Agreement the Annual Services Fee for providing conventional services
shall be $725.62 per living unit within the Freedom Estates (Capehart) Housing Community that is
managed by AETC Housing. During each of the following years of the term of this Agreement the
Annual Services Fee shall be the prior year's per unit Services Fee increased by three percent (3%) per
annum.
b. Payment, Audit and Adjustment:
The Annual Services Fee for conventional services will be paid in quarterly installments, on the first
day of each calendar quarter, with the first installment being due on the first day of the calendar quarter
following the date of this Agreement. The prorated Annual Services Fee for any partial calendar quarter
falling between the Effective Date and the first day of the calendar quarter following the Effective Date
shall be paid together with the first full quarterly payment. Each installment of the Annual Services
Fee shall be accompanied by an audit showing the census of the average number of housing units in the
Freedom Estates (Capehart) Community managed by AETC Housing during the preceding calendar quarter
and the installment of the Annual Services Fee then being paid shall be adjusted and prorated to reflect that
census.
c. Renewal and Annual Service Fee:
The Municipality and AETC Housing agree that the basis of the calculation of the Annual Services Fee for the
first year of each renewal term shall be the general calculation used to arrive at the Annual Services Fee
for this Agreement. This will provide the per-household cost for services. To determine the total cost
for services, multiply the per-household cost by the number of units under the management of AETC
Housing on the first day of the renewal term.
2. Refuse Collection and Disposal Services.
The Municipality shall furnish all labor, tools, materials, equipment, transportation, and supervision to manage and
perform all operations for the collection, transportation, and the off-base disposal at an approved sanitary landfill
of all refuse within the three AETC Housing communities as described in Exhibit A. The work shall include
individual garbage/refuse containers and an organic recycling program.
RESIDENTIAL REFUSE UNITS
The Municipality shall provide residential refuse collection twice per week for each residential unit
included as part of the AETC Housing communities. At least one 96 gallon (minimum) container will be
provided per residence. Special circumstances may require two containers per unit and shall be approved
by AETC Housing on a case-by-case basis. Containers shall be new or serviceable at the commencement
of the contract and shall be the same size and color. The containers will have attached lids which close
completely preventing spills during high winds or inclement weather. In addition, each container shall be
mounted on wheels and marked with a serial number in such a manner that it does not detract from normal
appearance. The Municipality shall maintain and provide AETC Housing with an inventory listing of all
containers used within the housing area within 1 week of contract commencement. Unserviceable
containers identified by AETC Housing will be replaced/repaired within 72 hours of notification to the
Municipality.
BULK ITEM PICK-UP
The Municipality shall provide bulk item pick-up to collect those items too large for the normal containers
(i.e. mattresses, furniture, barbeque grills, etc.) Bulk pick-up items will be collected at curbsides on an
appointment basis with the Municipality.
RESIDENTIAL ORGANIC RECYCLING PROGRAM
The Municipality shall provide a residential organic recycling collection once per week on a voluntary
basis to residential units included in the three AETC Housing communities. One 96 gallon container will
be provided to those residences choosing to participate in the program. Containers shall be new or
serviceable at the commencement of the contract and shall be the same size and color (different color from
regular refuse containers). The containers will have attached lids which close completely preventing spills
during high winds or inclement weather. In addition, each container shall be mounted on wheels and
marked with a serial number in such a manner that it does not detract from normal appearance. The
Municipality shall maintain and provide AETC Housing with an inventory listing of all recycling containers
used within the housing area within 1 week of contract commencement and continue to update that
inventory on a monthly basis. Unserviceable containers identified by AETC Housing will be
replaced/repaired within 72 hours of notification to the Municipality.
COLLECTION TIMES.
1. All refuse and organic recycling must be on the curb before 7:00 a.m. on the day of pickup and
empty garbage cans must be removed from the curb no later than 7:00 p.m. that day. The regular pickup
schedule will be as follows: Heritage Heights (Bunker Hill) (Section 1) and Wind Creek
Village/Wherry-7 will be picked up on Monday and Thursday, but may be switched by Municipality
to Tuesday and Friday on at least 30 days prior notice to AETC Housing (provided that such days may
not be switched more than twice per calendar year). Heritage Heights (Bunker Hill) (Section 1)
includes: Millennium Court, Ream Ave, Neptune Court, Mercury Court, Mars Court and Lunar Court.
2. Freedom Estates (Capehart) and Heritage Heights (Bunker Hill) (Section 2) will be picked up on
Monday and Thursday, but may be switched by Municipality to Tuesday and Friday on at least 30
prior notice to AETC Housing (provided that such days may not be switched more than twice per
calendar year). Heritage Heights (Bunker Hill) (Section 2) includes: Galaxy Court, Venus Court, Solar
Court, Saturn Court, Pluto Court and Orion Court.
3. For the organic recycling program, containers will be picked up once a week on Wednesdays, which
may be switched by Municipality to a different day of the week on at least 30 prior notice to
AETC Housing (provided that such days may not be switched more than twice per calendar year).
The regular pickup schedule will be altered during the weeks that include the following holidays (New
Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and day after, Christmas
Eve, and Christmas Day). On these holiday weeks, regular refuse will not be collected on the recognized
work holiday, but will continue to be collected twice during that week. The Wednesday organic recycling
pickup will be canceled during all of these weeks to allow for regular refuse collection. If the holiday falls
on a Wednesday, regular refuse will continue to be picked up on the regular schedule, but the organic
recycling program will be canceled for that week. The Municipality will provide modified collection
schedules for these holiday weeks on its web
RECREATIONAL AREAS.
The Municipality shall provide refuse collection containers for all recreational facilities within the confines
of AETC Housing and service them twice a week. At a minimum, one 35-gallon container for each
playground shall be provided. AETC Housing will identify those recreational areas requiring more than
one refuse receptacle. Each container shall meet the same specifications as those outlined in the Residential
Unit paragraph above and shall be designed for public spaces (without wheels). AETC Housing will locate
HOUSEHOLD HAZARDOUS WASTE DISPOSAL GUIDELINES.
Paint: Paint that is still in liquid form may not be disposed of in the regular trash.
Aerosol Cans: Empty aerosol cans may be disposed of with the regular refuse. Minimize waste by
completely using aerosol-packaged products prior to disposal.
Motor Oil: Motor oil may not be disposed of in the regular trash.
Refrigerators/Freezers/Air Conditioners: These items may not be disposed of through this contract.
Drugs: Prescription drugs should be thrown in the trash and the trash should be immediately secured in an
area out of the reach of children.
Lamps: Incandescent light bulbs may be disposed of with regular trash.
Batteries: Small flashlight or calculator-type batteries may be disposed of with the regular trash.
a. REFUSE COLLECTION AND DISPOSAL FEES
During the first year of this Agreement the Annual Refuse Collection and Disposal Services
Fee shall be the following amounts for services to the three AETC Housing communities that
are managed by AETC Housing .:
$197.96 for each municipal solid waste container provided to all communities, and
$97.53 for organic recycling for each occupied housing unit in all communities, and
$35.47 for bulk item pick-up for each occupied housing unit in all communities.
During each of the following years of the term of the Annual Refuse Collection and Disposal
Services Fee shall be the prior year's per unit Services Fee increased by three percent (3%) per
annum.
b. Payment, Audit and Adjustment:
The Annual Refuse Collection and Disposal Services Fee will be paid in quarterly installments,
on the first day of each calendar quarter, with the first installment being due on the first day of the
calendar quarter following the date of this Agreement. The prorated Annual Refuse Collection
and Disposal Services Fee for any partial calendar quarter falling between the Effective Date and
the first day of the calendar quarter following the Effective Date shall be paid together with the
first full quarterly payment. Each installment of the Annual Refuse Collection and Disposal
Services Fee shall be accompanied by an audit showing the census of the average number of refuse
and organic recycling containers actively used by AETC Housing during the preceding calendar
quarter and the installment of the Annual Refuse Collection and Disposal Services Fee then being
paid shall be adjusted and prorated to reflect that census.
c. Renewal and Annual Refuse Collection and Disposal Services Fee:
At least three (3) months prior to the end of the initial term and any renewal term, the Municipality and
AETC Housing will commence good faith negotiations on the renewal of this Agreement for an
additional five (5) year term. The Municipality and AETC Housing agree that the basis of the calculation
of the Annual Refuse Collection and Disposal Services Fee for the first year of each renewal term
shall be the general calculation used to arrive at the Annual Refuse Collection and Disposal
Services Fee for this Agreement.
3. Water Services.
The Municipality shall provide wholesale water service through the Freedom Estates (Capehart) Water Meter
exclusively to the Freedom Estates (Capehart) Housing Community. Water service shall not include maintenance
of water lines within the Freedom Estates (Capehart) Housing Community. AETC Housing shall be responsible
for maintenance of water lines up to the fire hydrant assembly. The Municipality shall be responsible for
maintaining and replacing fire hydrants for fire protection services. However, if water lines servicing the fire
hydrants are not adequate to ensure a minimum of 600 gallons per minute of discharge, AETC Housing shall be
responsible for repairing or replacing that water line to meet this minimum discharge standard.
The Municipality will bill AETC Housing for water services on its monthly utility bill based on the then current
Wholesale Water Rate for Treated Water Transmitted Customers. As of the Effective Date of this Agreement,
Treated Water Transmitted Customers are charged $3.5669 per 100 cubic feet (748 gallons) of water consumed.
This rate may change periodically as new wholesale water rate studies are performed and wholesale rates are
adjusted by the Municipality. AETC Housing will be notified of such changes at least 30 days prior to a change to
the Wholesale Treated Water Transmitted rate.
4. Stormwater Drainage Utility System.
The Municipality has established a Stormwater Drainage Utility pursuant to the Texas Municipal Drainage Utility
Systems Act. The Municipality will bill AETC Housing for stormwater drainage utility services for the drainage
provided to the Freedom Estates (Capehart) Housing Community in the same manner as the Wichita Falls City
Code provides for other master-metered commercial properties in the Municipality. AETC Housing shall pay the
charges. As of the date of this Agreement, the charges for Freedom Estates (Capehart) are determined in accordance
with Section 106-988 of the Code of Ordinances of the City of Wichita Falls at the current maximum monthly fee
amount of $1,666.65 per month. The charges may change periodically in the future to accommodate increases in
AETC Housing will be notified of such changes prior to changes in the rate (which
notice may be provided on invoices issued to AETC Housing by the Municipality for this charge). The Municipality
will separately bill Sheppard Air Force Base for stormwater drainage utility services applicable to Heritage Heights
(Bunker Hill) and Wind Creek Village (Wherry) as part of Sheppard Air Force Base.
EXHIBIT "C"
ADDITIONAL TERMS AND PROVISIONS
1. So long as the U.S. Air Force or other agency or office of the United States government is the owner of
the land that is subject to the Ground Lease, the land and improvements thereon will not be subject to
ad valorem taxation, special taxes and/or municipal levy, assessment, charge and impact fees,
whether in the nature of taxes or otherwise, for any purpose.
2. So long as the U.S. Air Force or other agency or office of the United States government is the owner of
the land that is subject to the Ground Lease, the land and the improvements thereon shall not be subject
to municipal zoning, land use, occupancy, leasing, demolition, renovation, new construction,
permitting and other regulatory ordinances and regulations in effect in the City of Wichita Falls and
administered by the City of Wichita Falls.
3. AETC Housing agrees that all structures and improvements constructed during this Agreement
shall be constructed and maintained according to applicable state and local building and fire
codes. The Municipality will rely on the review of building code compliance by AETC Housing's
lender.