Res 069-99 7/6/1999RESOLUTION NO. LA — q
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WICHITA
FALLS, TEXAS, DESIGNATING A CERTAIN TRACT OF LAND
LOCATED IN ARCHER COUNTY AS AN INDUSTRIAL DISTRICT,
AND APPROVING A CONTRACT WITH ARCHER POWER
PARTNERS, L.P., GUARANTEEING ITS IMMUNITY FROM
ANNEXATION FOR A PERIOD OF FIFTEEN (15) YEARS; FINDING
AND DETERMINING THAT THE MEETING AT WHICH THIS
RESOLUTION WAS PASSED WAS OPEN TO THE PUBLIC AS
REQUIRED BY LAW.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS,
TEXAS:
SECTION 1. That a certain tract of land located in Archer County, Texas, said
land being more fully described in Exhibit A, attached hereto and incorporated herein, is
hereby designated as an industrial district in accordance with the provisions of Section
42.044 of the TEXAS LOCAL GOVERNMENT CODE.
SECTION 2. That certain contract, a copy of which is attached hereto, between
the City of Wichita Falls and Archer Power Partners, L.P., whereby the City guarantees
the continuation of the extraterritorial status of the said tract of land more fully described
in Exhibit A, attached, and its immunity from annexation by the City for a period of
fifteen (15) years from January 1, 2000, is hereby approved, and the City Manager is
authorized to execute the same for the City of Wichita Falls.
SECTION 3. It is hereby found and determined that the meeting at which this
resolution was passed was open to the public as required by law.
PASSED AND APPROVED this the 6th day of July, 1999.
I
MAYO
ATTEST:
t.
ity Clerk
STATE OF TEXAS §
COUNTY OF WICHITA §
This contract, made and entered into by and between the City of Wichita Falls,
Texas, a municipal corporation, hereinafter called "City," and Archer Power Partners,
L.P., hereinafter called "Archer,"
WITNESSETH:
WHEREAS, Archer is the owner of a certain tract of land, hereafter called
"Subject Property," located in Archer County, Texas, said land being more fully
described in Exhibit A, which is attached hereto and incorporated herein, and which
land is located within City's extraterritorial jurisdiction; and,
WHEREAS, the City Council of the City has, by Resolution No. ,
designated Subject Property as an industrial district, and has authorized and approved
this contract which such City Council deems to be in the best interest of the City.
NOW, THEREFORE, for and in consideration of the mutual covenants
hereinafter contained to be performed by the parties hereto, City and Archer do hereby
agree as follows:
1. City guarantees the continuation of the extraterritorial status of Subject
Property, and its immunity from annexation by City, for a period from date hereof until
December 31, 2014.
2. City will furnish raw water service to Archer as specified by a special water
purchase contract, the same to be executed by City, Archer, and the Wichita County
Water Improvement District No. 2.
3. City will furnish fire protection service to Archer on Subject Property. Archer
shall abide by fire protection standards as required by City of similar developments.
4. This contract does not release nor waive any obligation to the City in
connection with any paving, curb and gutter, or other improvement liens which may be
assessed against Subject Property.
5. Archer shall submit a landscaping plan acceptable to the City that shall
consist of components not less than those required of similar developments within the
City.
6. It is agreed that in the event Subject Property is sold, either by deed or by
sale of controlling interest in Archer, the obligations contained in this contract shall be
assumed by the successor owner.
7. Archer shall pay to City a payment in lieu of taxes in cash in an amount
equal to the amount equal to twenty -five (25 %) percent of the amount that its normal
City taxes would have been for the first seven (7) years of this contract beginning
January 1, 2000, had the Subject Property been in the City limits. Commencing on the
eighth (8th) year through the fifteenth (15th) year of this Agreement, the payment in lieu
of taxes shall be equal to 32.5% of the amount that the normal City taxes would be had
the Subject Property been in the City limits. The 32.5% payment in lieu of taxes shall
commence January 1, 2007. The appraised value of the land, buildings and other
personal property shall be determined in a manner as set forth in the TEXAS PROPERTY
TAX CODE, as amended. Further, such payment in lieu of taxes shall be paid within thirty
(30) days after the receipt by Archer of the bills therefor.
8. In the event Archer should breach any of the provisions of this contract, and
it fails to remedy such breach within ninety (90) days after having been notified in
writing by City to do so, then City shall have the right to terminate this contract, and at
its discretion to either proceed to annex Subject Property or terminate the sale and
supply of water.
9. City may, at its discretion, initiate proceedings to annex Subject Property
into the City limits early enough to be able to complete such proceedings by December
31, 2015.
10. This contract shall be effective as of January 1, 2000.
IN WITNESS WHEREOF, the parties hereto have caused this contract to be
executed by their duly authorized officers on this the day of July, 1999.
Attest: City of Wichita Falls, Texas
City Clerk
James Berzina, City Manager
Archer Power Partners, L.P.
By: Archer Power I, LLC
(its General Partner)
By:
Name:
Title:
By:
Name:
Title:
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