Res 2014-131/La Cima Development Agreement

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Bk Vol, F's, 14032062 8F'R 5057 1.23 has been authorized to do so. LOR represents and warrants that this Agreement has been approved by appropriate action of LOR and that the individual executing this Agreement on behalf of LOR has been authorized to do so. 2.18 Successors and Assigns and Recordation The terms of this Agreement shall be covenants running with the land and binding on successors and assigns. Pursuant to the requirements of Section 212.172(f), Local Government Code, this Agreement shall be recorded in the official public records of Hays County, Texas. The terms of this Agreement shall be binding upon: (a) the Parties; (b) the Parties' successors and assigns; (c) the Property; and (d) future owners of all or any portion of the Property. Notwithstanding the foregoing, however, this Agreement shall not be binding upon, and shall not constitute any encumbrance to title as to, any end -buyer of a fully developed and improved lot within the Property except for land use and development regulations within this Agreement that apply to specific lots, including architectural, environmental and water quality, landscaping and setback and dimensional standards, and impervious cover limits, together with applicable rights of enforcement in this Agreement as to such land use and development regulations. 2.19 Counterpart Originals This Agreement may be executed in counterparts, each of which shall be deemed to be an original. [Signature Page Follows]