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61 Wacaull
<br />REIMIIURSFMV.'N"I" AGtWEMPAT
<br />This Trace Public Improverrient Disniel Reirnhumennon Agreement (this "Reinihtn'selnent
<br />i1pegmeM") is execkited between San M,,,,ircos, Texas (70y") aod Higlq,)ohne [1,C, an
<br />CaHAWa Aphed HabHhy company (includimg A DUgnated Successors annul , Assigns, the
<br />1(�) be effectivc Octobe�j- 18, 2016 (ei:ich individually rel"coed tun aIS L "f'
<br />Ift"' 3 11 d
<br />Collectively as flic,
<br />191C1:' AIS
<br />WHI-",R FA S, on October 20, 2015, II IC City C01111CH 01' Me City LA' San Marcos, Texas (the
<br />ill �,ow~qj "') pa"ed and approved Resolution No. 201TIAR (dw TAMW ReKwkm")
<br />auttio6king the creakon of Me Ilave Public Italprovement DistriO ("flic "Disirict") (Movedng
<br />approximarely 417A3 news of land shown on as nial) thereof in [lie Creadon Resolution (the
<br />"District PrQp y"); and
<br />VRIIEREAS, oil Weber 20, 2015, the Cily COLUICil apj)I-(),VCd Nlanat CaLkill, TraCe PUblic
<br />Impmvement District FJriancing,A�
<br />greomeni by arid between the Owner and (lie f'-"ity ((lie
<br />MRIERUAS, Ric prFoe of the INsutt A to finance certain. jnlptovenlents authorized by
<br />Chapter 372, Texas Local (.1jovertirrivi.li G-)de (as may be amended, the ",LNgc') Ifial pronl,c�)te the
<br />otetvas or the Cky and confer asl-iccialbenefit on the Assessed Projaerty widrin the Distract; and
<br />WHEREAS. to [)istrict Property is lheir devenloped in plinses and [lie Owner rntends to
<br />COMM cerwill public over kaw to save INWHo Property (or porfions 0)ereofl;
<br />and
<br />W1,11BREAS, Special Amesstxients haive been levied agnitv,,( the, Aswssed Properq within (lie
<br />District for the construclion of the Wtior Public l.riipj,o v e mews pursuent to ini ondnanoe of Me
<br />("ity C('.)'Llllcil in accordance With, the Putflic httprovetiwnt District Somice and Assa�Sqn,lent
<br />Man (m .Ac swnc nlay be amended or, Ltpd,,Aed from Ininc to tinw, be "$AP") With vvis uNNuv(Nd
<br />by the City ChaincH on evmi dMe WWI;
<br />W H ER EAS, Owner is rea,dy to com me nee We construc tion of", the ISSIQ PubucInqatuuninks
<br />which am rnmv pamicubdy dembbed in Mc.SAII and' oil ENIIJIA-A'al(ached tINVO WId f)"IMIC as
<br />pa)i horcof., and
<br />VRiEREAS, A SAP Qvisuhan't reconin"ien(k(I as Special Assessinent be, lcvie(l qn,61"Im dw
<br />Diattict Property in the amovat of"" 11 J75100 (Me "MRLSpgSjal Asse�,� ijgjjL�:J; and
<br />.g
<br />W1 Yevenue received and cofluded by the 0ty frui,li, die MPI Special Assessn wil 1.
<br />(exchdWg any ncisonab]e collection andAr adminisnittive costs, 1he "M.P pe-ciat Asiggypign!
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