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HomeMy WebLinkAbout2007-IDA-104 GSL Partners Sub Four, LP ( 11355 Hwy 225)ORDINANCE NO. 2007-IDA-104 AN ORDINANCE AUTHORIZING THE EXECUTION BY THE CITY OF LA PORTE OF AN INDUSTRIAL DISTRICT AGREEMENT WITH GSL PARTNERS SUB FOUR, LP, A TEXAS LIMITED PARTNERSHIP (11355 HIGHWAY 225) FOR THE TERM COMMENCING JANUARY 1, 2008, AND ENDING DECEMBER 31, 2019, MAKING VARIOUS FINDINGS AND PROVISIONS RELATING TO THE SUBJECT, FINDING COMPLIANCE WITH THE OPEN MEETINGS LAW, AND PROVIDING AN EFFECTIVE DATE HEROF. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTE: Section 1. GSL Partners Sub Four, LP, a Texas Limited Partnership (11355 Highway 225) has executed an industrial district agreement with the City of La Porte, for the term commencing January 1, 2008, and ending December 31, 2019, a copy of which is attached hereto, incorporated by reference herein, and made a part hereof for all purposes. .Section 2. The Mayor, the Assistant City Manager, the City Secretary, and the City attorney of the City of La Porte, be and they are hereby, authorized and empowered to execute and deliver on behalf of the City of La Porte, the industrial district agreement with the corporation named in Section 1 hereof. Section 3. The City Council officially finds, determines, recites, and declares that a sufficient written notice of the date, hour, place and subject of this meeting of the City Council was posted at a place convenient to the public at the City Hall of the city for the time required by law preceding this meeting, as required by the Open Meetings Law, Chapter 551, Texas Government Code; and that this meeting has been open to the public as required by law at all times during which this ordinance and the subject matter thereof has been discussed, considered and formally acted upon. The City Council further ratifies, approves and confirms such written notice and the contents and posting thereof. Section 4. This Ordinance shall be effective from and after its passage and approval, and it is so ordered. 1 PASSED and APPROVED, this 17th day of December, 2007. CITY OF LA PORTE Alton Porter, Mayor ATTEST: Marta Gillett, City Secr tary APPROVED: Knox Askins, City Attorney W N E S SET H AREAS, it, is the: established policy of the: City CavnCil of the City, of La_ Paste; Texasto adopt such reasonable measures from time t, ,o time as are Permitted by law and which will tepd to enhance the economic stabilit"Y and growth of the City and its environs by attr"acting the 1"ocaton of xew and the exPansiQzz of existing industries therein, and such policy P y is hereby reaffirmed. And adapted by this City Council as being in the best interast of the City and its citizens; and WHEREAS, pursuant to its policy, No 72'9, de.signatn City has enacted Ordinance extraterritorial 9 portoxis of the area located" in its Jurisdiction as the "Eattle"ground Tndustr el District of La Porte; Texas", and Ordinance xo. 842A, cien gnat al portions of the area located in its extraterr torial uesi.gn t an as the "Bayport industrial Distract, of La Porte, on hereinafter collecttively ;valid F'District", such Ordzrances .being in compliance .e with the Mpnic� alAct r as Section 42.044, Texas Local Governmentcode;.andTexas, codified W-HEal D Company is the owner of land within a designated Industrial n�strict of the City of La Porte, said 3darid being legally described. on the attached Exhibit "Land"}. and said Land bein more " (hereinafter "A h aftez a.t"tached as Exhibit nB" 5 particularly shown: on a pi_at which play describes. the ownership boundary Imes; a site la out showing al]mpravement"s, ii1eluding p�.pe3 y es axed xa Yroada and also ahowin previously annexed by—, the City of La Porte;" nd seas of the Land WHEREA of iS City desires to encourage theeepanson and growth ndustrial plants within said Districtsan for such ose desires to enter inter this Agreement i�if company P Ordinance ado ted bCouncilp y Pursuant to P . y the city"of said City and recorded in the a"ffieial minutes of said City. F=AL DRAFT Hove b e:r 1, 2007 M NOR, TMREFORE, 3n consideration of the premises and the mutual:: agreements of the parties contaned,heren and pursuant to the authority granted under the MunicipalAnnexation Act and the Ordinances of City referred. to above, City and Company hereby agree with each .other as follows: City -covenants, agrees and guarantees that during the term of this Agreement,. provided below, and subject to the terms and provisions of this Agreement, said District shall continue to reAin. its extraterritorial status as an industrial district.,: at Least to the extent that the same covers the Land belonging to Company and ;its assigns, unless and until the status of said Land, or a portion or portions thereof, as an industrial district may be changed pursuant to the terms of this Agreement. Subject to the foregoing ,and to the later previsions .of this Agreement, City does further covenant, agree. and :guarantee that such in.d ttr al district, to the extent that it covers said Land lying within said District and... not now within the corporate limits of City, shall be immune from: annexation by City during the term hereof (except as hereinafter provided) and shall have no right to have extended to it any services by City, and that a1 Land; includis.g that which has been heretofore annexed, shall not have extended to .it by ordInance any rules and regulations (a) governing plate and subdivisions of land , (b;) prescribing 'any building, electrical, plumbing' or 'inspection code or codes, or (c) attempting to exercise in any manner whatever control over the conduct of business thereon provided, however, any portion of Land constituting a strip of land 140, wide and contiguous to either Fairmont Parkway, State Highway -225; or state :Highway 146, shall,, be ;subject to the rules And regulations attached hereto as Exh:"[t "C'! and `made a part hereof,• and provided, however, it is agreed that City shall have the right to -institute or intervene in 'any ,administrative and/or judicial proceeding'aut'horize.d by the Texas Water Code, the Texas Clean Aar Act,. the Texas Health &Safety ,bode, or other federal or state environmental. laws, rules or regulations', to the same extent And to the same intent and, of f ect as if all Land covered; by this 4 eement were not subject to the Agreement. I!, in the event that any ;portion of the band has heretofore been. annexed by City, Company agrees to render and pay frill city ad valorem taxes on such.annexed Land and improvements, and. tangible personal. property. Under the terms of the Texas Property Tax` Code (S . B . 521, Acts _of the 65th Texas Le at ure Regular Session, 1979, as amended),. the appraised value for tax purposes of the; annexed portion of Land, imgrove�ments, and tangible personal property shall be de��Brmin:ed by the Ifarris County Appraisal District. The parties hereto recognize that said Appraisal District has: no authority to appraise the Land, improvements, and tangible personal property :in %the; unannexed area.. for the purpose of eornputing the "in lieun 2 payments hereunder. Therefore., the parties agree that the appraisal of. the Land, improvements, and tangible perso4al property in the %una.4nqrxed area shall be conducted by City, at City's expense,, b appraiser of Cityl.s, selection. ,..y an independent The . parties tecogdi.Ma thatin making such appraisal for Firs lieu" payment purposes, such -appraiser, mustof necessity appraise ' the entire (annexed and unannexed) Land, i-Tftprovements, and tangible personal property - Nothing herein contained shall. ever be interpreted as lessening the authority of the Harris County Appraisal District, to establish d the appraisevalue of Land, improvements, and tangible personal nal property in the annexed portion, for ad valorem tax purposes - III. A.. The properties upon which the ninlieu. of" taxes. are assessed are more fully described in -subsec.t3ions. j., 2, and 3 of subsection C, of this Paragraph 11T (sometimes collectively called the nProperty"); provided, however, pollution control equipment installed . on: the Land which is eXtmpt from ad valorem taxation pursuant to the provisions of Sec.11.31 of the Texas Property Tax Code is exempt from ad valorem taxation and ffin lieu of. taxes,, hereunder. Property included in this Agreement shall. not: be entitled to an agricultural use exemption for purposes of computing --in lieu of ta:kea:,-' hereunder.. B. On or before the :later. :of December '31, 2008, or 30 days from: mailing of tax bill And in like manner on or before each December 31st thereafter, through and '.including December 31., 2.0I9,. Company shall pay to City an Amount of '--.in lieu of taxes" on ComPa4yls Property as of January ist of: the: current calendar year ("Value Year") C: Company and City '' ing percentages agree that: the follow' t OlPercentage, Amount") shall ap .ply during each of the Value Years: value Year 2008 6,210 Value Year 2009:, 62% Val-MB Year 2010: 629. `Va-lue year 2 DII.- 6 21 t Value Year 2012:. 62 Value. Year 2013: 6.2-0. Value Year 2014: 63!k Value'Year 2015- 631%. Value :Year 2016: 63: . !09 Value Year 2017t 63-* Value Year 2018: 63!k Value Year 2019:: 630 Company 4g.rees to pay to City an amount. of "in lieu of taxes" on Company-s :and,. ;improvements and tangible .personal property in the unannexed area eqaa2 to the sum of - 3 1. percentage Amount of the amount of ad valorem taxes which: would be payable: to' cit.y. 44 :all. of the. Company's Land and improvements which existed on January I , .2008, and each January 1 thereafter of the applicable: Value Year during the term of this: Agreeme . nt, (excluding amounts 'which ich would be so payable with respect to any substantial 'Increase in value of such. Land and. improvements to which subparagraph 2:, below applies), had 'been 'within the corporate limits of City and appraised each year by city , Is independent appraiser,. in accordance with the applicable provisions of the Texas Property Tax; Code; and (a.) on any Substantial Increase in Value of the Land, improvements, and tangible personal :property (,excluding inventory) dedicated to new construction, in. excess of . the appraised: value, of. same.. on January 1, .20.07 . resultingfrom. new construction (exclusive of construction in progress, which shall be exempt from taixation), for each Value Years following completion of construction in progress, an amount, equal to Twenty-five percent (2.5 *)i it Construction is completed in value years 2008 through 20,13; and Twenty percent (20k), if construction is completed in. Value years. 2014 through 2.019, of the amount of ad valorem. taxes which would be payable to City if all ofsaid new construction. had been within the corporate limits of city and appraised by City's independent appraiser, in accordance with the app . licable provisions of the Texas Property Tax Code. .In the case of new construction which is completed in value Year 2016 or later.., and provided, further, that City and :Company eater into an industrial Distric t Agreement after theexpiration of this Industrial District Agreement, then,. and insuch events., such new construction shall be entitled to additional Value Years under the new Agreement at a Twen ty percent (2:0'-'.:): valuation. under this subparagraph. , (a) for a tota 1 of: six (;G). Value Years, bUt: not extending beyond Value T ear .:2 022. (b) A Substantial Increase In 'value of the Land, improvements, and tangible personal Property ,(excluding inventory) as Used in subparagraph. 2fal :,above, is defined as an. increase in Value that is the lesser of either. i. at least Five percent (5-ek) Of the total. appraised value of Land and improvements, on j7anua-ry 1,. 2001,1 or II I a cumulative value of at least $3,500,G00.00. 4 For the purposes of this. Agreement, multiple projects that are completed "in a,Value Year can be Cumulated to arrive. at the amountfor the increase in value. (c) If existing Property values: have depreciated below the Property value established on January 1, 2:0- 7, an, amount equal to the amount of the depreciation will be removed from the calculation under this< subparagraph 2 to restore the value to the January 1, 2067, value and. 3. Percentage: Amount of the; amount. of ad valorem taxes" which would ;be payable to City on all of the Company r s tangible, personal property of every description, located in an industrial district of. City, including, without limitation, inventory, (including inventory in a federal Foreign Trade Zone and. including Freeport exempted inventory), oil., gas, and mineral interests, items; of leased equipment, railroads, pipelines,, and products in storage located.on the ,:Land, if all :of said tangible personal property which .existed on January 1, 20,:08, and each January _I 'thereafter :of the applicable Value Year during the term of this Agreement., (excluding amounts which. would. be so payable with resPect to any Substantial increase in value of such tangible personal property to which subparagraph above applies.) had been. within the corporate limits of City and' appraised each year by the City I IS independent appraiser; in accordance with the applicable provisions of the Texas Property 'Tax Code. wa:th the sum of 1, 2 and 3 reduced by the amount of City' s ad valorem taxes on "the annexed portion thereof as determined by appraisal. by the Harris County Appraisal district,.. 4. Notwithstanding the above,, should City elect to gram the freeport inventory exempta�ori authorized by Article Vm=21, Section 1-j: of the Texas; Constitution and Section 114,251 of the Texas. Property Tax Code to taxpayers ^with;in. the City limits, then the freeport inventory exemption shall apply to partia.02 to; this Agreement,.; Further, should inventory or any other' ':class or type cif property become: exempt from taxation 'by constitutional. amendment: or act of 'the Texas Legislature (including, but not limited to, Article VITI Section 1-n, of the Texas Constitution. and Section 11.253 of the Texas. Property Tax Code), such class or type :of property shall be exempt for purposes of this Agreement, unless the C"ity Council of the City of La Porte shall by Ordinance provide for the 'continued, taxation of. such .property under the authority of any applicable provisions of the Texas Constitution and Texas Statutes. Se City and Company acknowledge circumstances might require the City to provide emergency services to C,ompany's Property described on 'Exhibit "Ali attached. hereto_ Emergency services are limited to fire.,: police, and publicworks emergency services. if .Company is not a member of Channel Industries Mutual Aid Association (Cli++l.A'), Company agrees to reimburse City for its costs arising: out of any emergency response requested by Company to Company's property, and to which. City agrees to respond. If. Company is a member of CIMA, the obligations of Company and City shall be governed by the CIMA agreement, to which agreement City is a party. 1V . This ,Agreement shall: extend for a period beginning on the ist day of January,. 2008, and continuing thereafter until_ December 31, 2019, unless. extended for an additional: period :or periods of time upon mutual consent of Company and City as provided by the, Municipal, Annexation Act; provided, however, that in the event this 'Agreement is not so e-xtended for an additional period or periods of time on or before August 31., 2019,,the agreement of City not to annex property of :Company within the District shall terminate-. In that event City shall havethe right to commence I mmediate annexation: proceedings as to all of Company's property covered by this .Agreement., notwithstanding any of the terms and previsions'of this Agreement Company agrees. that if the. Texas Municipal Act, Section 42.044, Texas Local. Government Cade, is amended after January 1, 1994, or any new legislation is thereafter enacted by the Legislature of the State of Texas which imposes greater restrictions:on the right of City to. annex land belonging 'to Company or ..inposes further obligations on City in connection therewith after the annexation of such land, Company will. waive the ight to require City to comply' with any such addi.-Ional: restrictions, or obligations and. the rights. of the parties shall be then determined an accordance with. the provisions of said Texas Munic' 1 Annexation Act as the same existed January 1:, 1994. V.. This .Agreement may be extended for an additional period or periods by agreement, between City and Company and/or its assigns even. though it is not extended by agreement between City and all of the owners of all land Within the District of which it. is apart. VT. A, in the event Company, elects: to protest the valuation for tax purposes set on its said properties by City or. by the. Harris County Appraisa'1 District f;or any year o.r years during the terms hereof, nothing in this Agreement shall preclude such protest and Company shall have the right to take all:Iegal steps desired by it. to reduce the same. Notwithstanding such protest by Company,: and except as otherwise provided in Article VT (4) , Company agrees to pay to City on or before the date therefor here inabove provided, at least the total of (a) the total arioun.t Of, ad valorem taxes on the annexed; .portions, plus (b). the total amount of, the: i.n. lieu of taxes" 'on. the unannexed portions of Company's hereinabove described property which. would be due to City in accordance with the foregoing provisions of this Agreement on the basis of renditions W ch shall be filed by Copary. When the City or Harris County Appraisal District (as the case may be) valuation on said property of Company has been so finally determined, either as the result of final. judgment of a court; of competent jurisdiction or as the result of other final conclusion of the controversy, then within thirty (3,0} days thereafter, Company shall: make payment to City of any additional payment due. hereunder.; or City shall make payment to Company of any refund: due, as :the case may be,, based; on such final valuation, together with.appl cable penalties, interests, and costs. B. Should Company disagree with any appraisal made by the independent appraiser se lecteel by City pursuant to Article. Il above (which shall`be given inwriting to Company), Company shall, within twenty ( z o) calendar days of recex,�r�.xig City' s invoice, gave written notice to the City of such disagreement. in the event. company does not give > such: written notice of disagreement within such time period, the appraisal made by said independent appraiser shall be final and controlling for purposes :of the determination of yin lieu of taxes, payments- to he madeunder this :Agreement`,. "should Company give such notice of disagreement, Company shall also submit to the City with such. notice a written statement setting forth what Company believes to be the market value of Company's hareinabov'e described property... Both. parties agree to thereupon enter into good faith. negotiations,: in an attempt to reach an agreement as to the market value of Conmpany,s property for "'in lieu" purposes hereunder.. It, after the expiration of thirty (30) days from the' date the notice of: disagreement was received by City, the parties have not. reached agreement as to such market value, the parties agree to submit the dispute to final arbitration as provided, in subparagraph 1 of this Article vi (s) ._ Notwithstanding any such disagreement by Company, Company :agrees to pay to City on or before December 31 of each year during the term .hereof, at least the total of (:;a) the ad valorem taxes on the annexed portions,: plus (b-) the total. amoun t of the "in lieu," payments which would be. due hereunder on the basis of Company', s written valuation.-, statement submitted to City her Company:: 'hereunder, or the: total. :assessment and 'yin lieu of taxes-11 thereon for the last preceding year, whichever is higher. 7 1. A; Board of Arbitrators. shallbe created composed of .one person named by Company, one by City, and a third to be named by 'those two. In .ease of no agreement on this arbitrator in 1.6 days, the parties will join in, a. written request that the Chief Fudge of '.the U.S District .Court for the southern District of Texas, appoint the, third arbitrator who, (as the "Tvpartial Arbitratorw) shall preside over the arbitration proceeding.. The sole issue to be determined in: the, arbitration shall be resolution, of the difference between the parties as to the fair market value. of. Company's property for calculation of the "in lieu payment and total payment hereunder: for the year in question. The Board shall hear and consider all relevant and material evidence on that issue including expert opinion-, and shall render its written decision as promptly as:..practicable. That decision shall then be final' and binding upon the parties,, subject only to judicial review as: may be available under the Texas General Arbitration Act (Chapter 171 "General ArbitrationP Texas C vil Practice and Remedies Code) Costs of the 'arbitration shall be shared equally by the Company ;and the :city, 'provided that each party shall bear its own attorneys fees. W.I . City shall be entitled to a tax lien on Company's above described property, all improvements thereon,: and all tangible personal property thereon, in the event of default in payment of "in lieu of taxes" payments hereunder, which shall accrue penalty and. interest in like manner as delinquent, taxes, and which shall be: collectible by City in :the same manner as provided by lair for delinquent taxes. V11I ,. This Agreement shall inure to :the benefit of anal be binding upon city and Company, and upon Company'a successors and -assigns, affiliates and subsidiari s, and shall remain in. force whether Company sells,, assigns, or is 'any other manner disposes of, either voluntarily or by operation of law,: all or any part of the property belonging to it within the territory' herenabove described, anal the agreements hares contained shall. be held to be covenants running with the land owned by Company situated within said tsrr toryr: for so long as this Agreement or aiy, extension thereof remains: in force. Company shall give City written notice within ninety (90) days, with full particulars as to property assigned and identity of assignee, of any disposition of the Land, and assignment of this Agreement. IX. if City enters into an: Agreement with any other_ landowner with respect to an .industrial district or enters into a renewal of any 8 existing industrial district agreements after tine effective date hereof and while this Agreement is in effect, which contains terms and provisions more favorable to the landowner than those in this Agreement,. Company and its assigns shall: have the right to: amend. this Agreement and. City agrees to. amend same to embrace the more favorable terms of such agreement or renewal,agreement. X. The parties agree that this Agreement complies with existing 'laws pertaining to the subject and ghat all terms:, considerations and conditions set forth herein are lawful, reasonable, appropriate,. and not unduly restrictive of Company's business activities. Without such agreement neither party hereto would. enter into this Agreement. In the event any one or more. words, rases, c7.ause:s, sentences, paragraphs, sections, articles or other parts of this ,Agreement or the application thereof to any person, firm, corporation or circumst-ances shall be held by any court of competent Jurisdiction to be invalid or unconstitutional for any reason, then the application, invalidity or unconstitutionality of such words, phrase, clause, sentence,.paragrraph, section e, article r other part :of the Agreement shall. be deemed to be independent of and separable from the ;remainder of this Agreement and the va-lidity of the remaining parts of this Agreement shall not be affected thereby. Xi.. Upon the commencement ,of the term of this Agreement, all other previously existing industrial district agreements with respect. to said:Land shall terminate. XII Notices by a party to the other party hereto; shall be mailed or delivered as follows Company shall. promptly notify City of any change of ownership of Property, any assignment of this Agreement, and of any change of billing address. Company shall notify City annually, on or before June 1, of any changes to the following information.: 9 Tax Agent/Billing CoataCt Mame: Address. Phone., Fax.: Email: ENTERED INTO effective the 1st day of. January, 2008. By. .ATTEST:--. :By: Ci y Secretary BOX 12 18 La Porte, TX 77572-1218 '2:8, . 1.471,..2047 fax knoxaskins@comcast. net Byr d CITY OF LA PORTS 604 West Fairmont Parkway LaPorte, TX 7:7571. P, 10 STATE OF TEXAS STATE OF TEXAS' COUNTY' OF R. Rid Z S § This; .nstrutt t was acknowledged before me on the day of GGF 200 by Alton. E. Porter, Mayor of'` the City of La Porte; a municipal corporation., on behalf of said entity. .. dam. Notary uW ic., S ate :of Texas MARTHA G!{{ETT MY Ct MMIssion Expires AtA.10st 12, 2009 $�sFOF f✓9 11. t 5 y F[''Aitil7' A naceri ;am of Lad ra jpris�rmecrc I, tract of 1sad.ea_Air 1ag S ROOP acre_ ait c` a 3ls.E�41 acre t cc heaTlo.pa � a4 bu arct cut of a":caller''.81 .1za'.acrm-t.�et or.ai�aliy c`.aca of crn�Rar_i o.uer peke: Neaauzs L C,$many"` as deycXibed ii Vgluae 23 0. PaSc --_ ;,�a aCt..ba Harris. C.,ur_y', rsc�z3s iHCAk). fr. the Enoch gsi=om sucvoyr is a said.S".RCflO acres: being mare, 1 ,_C416Y4y.dtsxs..ee6 by acc+ �1 a^1tcL-do bs LaT:e�e: ?a. >13G a tta cst Scufikaast cnrre Of :ssslr �L5.91'ai acre t:a t, came:}eicg Eire $.=.,%West cd_-ker 6P. a cal::dd �.80�.:st_c,�[i'aCr a5' desc:i2 at�afAeraolliae ofOEcaaCe "�_. cf.th! i'.a=Cz County De*d.iEccar's, ca c»e 2Fo�cherly - 9 :fradr Which a faucd 5/9-indh•!°n red bears vitrxss at s0utb 19 ;dcyc s; adn. 34: SeC.: East, a distaAcs. of R.S2 feet; Kcr=t ft: 'e&S..44 :0ia. 34 zue- heat, alo.RS _i.e Ra cherly ricLt-nf vx� I re _er a dsstaace of 3. fl.-:O0 feet -to a:.SO-"sca iron:r_d .,et ":3r. at i.ate 91,0WA.Y .72S.. ' 37 min. 39.' acc." Esac.. for a 'd stance of M45ftot to. a 5Ja=rocs iron zad Set 'tor 'CM&-4 7 �. arca of 4G2.:E7 Cy_L to a ecu:.t 40 dt�.. 44 ai . 14 eec ist.. ro s.t.'. 5/a-racciron -ad se= for '[ nsr. Or. taa eptitserly lace of L le sfa_eaald 11E.53'l ,..,.»:L r65au p.��17 deb. 37.. mir.''39 6Gc Hestl af.or7 ciic Easterly ljae of sa d Gj;+ ac _tsar= cs. a.._�sWnes of:184. is fi!a Ca a r/E-i ;c1i iscr cad ee; fa': C r"a_.. of ttic-:8oreh L?� line. at _r1d afa;excrtinned callcd 3.800 aeZc:'tr c.. Swat,..:` 88 45 te- -?.9 .sec Test. asorc :he to citerly c ' 4 _ _ Eaa acre cc:. En s d_sta.ce f.,..45 5, Eeie Ca a �. tee, re the 11c ct•�cstmr1 cc^e o. �s.aia.Col:ie'3 3. u C_, ouSrs 17 de :37'aia is csc Ides::, ai retie He tosiy li e.of said -called acre .t=ac-. for a dis_...._e c: 435.10 CEe_ to Elm FoIHr or S?;..i'''R�I'.+«, c a ac[=nibarring 5.00.4E :lases 0:;laid, _ •� �: 'de_d 'Led vnwcr Hart s. niiccy C e_k's PT"Z.,S97 a=2E d_s=1bt - SUfU0MU Wi l2lI t488.1 A _ 1 ►�=fit '��,_ REXHI BIT CH page. 1 of :3 RULES AND REGULATIONS Any portion of Land constituting a :strip of land 10,04 wide and contiguous to either Fairmont Parkway State Highway 225, or State Highway 146 shall be. subject to the following xqles and regulations pertainingto new zignage, screening, driveways and median crossovers These rules :and regulations shall apply after the he effective date of this Agteement. :when company develops or constructs improvements on vacant, Land described in Ekhibit "A" which is. adjacent to Fairmont Parkway, State Highway 225., or State Highway 146. 1. Any sign erected in said 1001 strip of land shall be subject to the following provislons:' one freestanding identification sign shall :be permitted for each side: of an industrial establishment: that fronts on anlimproved public' right-of-way. Freestanding identification signs for single tenant buildI ag , s shall not exceed '15,0 square feet in area. 41 one freestanding. identification sign for identifying multiple .busih . esses a. . s . allowable at the intersection. of i,Mproved public rights -of -way. Freestandinq Identif ication. signs gns for: Multiple businesses shall not exceed .350 square feet: + Freestanding identificaltion signs shall not exceed 45 feet in height. minimum setback :for sign construction shall be ten (10) ...,feet from property lines.. 2. When Land. adjacent to sA.Id 10,01 strip is developed., the initialitial 5,01 of said strip bey;ond :any existing pipeline: easement contiguous toeither: Fairmont Parkway, State Highway 225, or State Highway 146 shall be screened by one of the following technIques.- a) Leaving in 'place existing trees.,i. vegetation, underbrush, etc. to provide a thorough and, effective visual screening of. the development. Existing trees shallt together with other vegetation and underbrush, create: a continuous visual screen.. . 14 nEXHIBIT C" Paige 2 of 3; b) The use of earthen berms with approximately 3:1. side slopes.,: 51' wide at the .base and. P' high. The berms may be landscaped with a comb nattion of trees, shrubs, and ground cover: All berms and landscaping will be maintained by the property owners.. c A screening plan, to be approved by the City, that includes a combination of trees, shrubs, and ground cover that after 5 years growth will be at least 20 feet in height and shall, together with shrubs and ground cover, create a continuous visual screen. Provided, however., in public utility easements or rights -of -way the vegetation shall be installed and maintained in a manner which is acceptable to the public utility company, and does not interfere with the operation and. maintenance of the publa.cutility facilities. - For items b and c above, the actual -length of required screening along the roadway will be equal to the length of the new development that is parallel to the roadway. Screening shall not be required for new development that is to' the rear of or behind existing facilities. In all cases the 50' strip, along the entire roadway frontage, shall be dedicated as a landscape easement and shall: be kept free from any improvements except for approved driveway access and identification. signs:.. For cases of new development or improvements where a. 50 landscape easement is. not available or practical., Company shall meet with City to determine a suitable landscaping alternative. d) In the ease' of land contiguous to Fairmont Parkway:, in addition to the, other requirements of these. Rules? and: Regulatasns, Cotipany shah dedicate to City by Plat a ten foot (1:0 `) wide pedestrian and bicycle easement-, ex. along Company's Fairmont Parkway boundary, within the fifty foot (5.G landscape easement . The pede'st.ri,an easement shall not be within any pipeline facility, except: for necessary crossings.. 3 priveways opening from said strip .of land onto State Highway 225 or State Highway 146 shall be, subject to the rules and regulations of the Texas Department of 'transportation and provisions: of the City's Code of ordinances, whichever is more restrictive-. Driveways ope j-ag from said strip of land onto Fairmont Parkway shall be subject to the rules and regulations of Harris. County and provisions Of the City s Code of Ordinances, whichever is more restrictive. i5 "EXHIBIT :CO Page 3 of 3 4. D:riveways. opening from said strip of land onto Fairmont Parkway shal.I be :approved by the City 'and may require the installation of separateacceleration/deceleration lanes. Installation of a, median crossover on Fairmont Parkway shall be subject to the approval of both Harris County and City:. 16