Res 2018-075/approving a second amended and restated Development Agreement with Lazy Oaks Ranch, LP and its partial assignees in connection with the La Cima Development near the intersection of Old Ranch Road 12 and Wonder World Drive that, among other

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I 269635 1.1 1. Residential: All permitted uses identified in the GF -R. Single Family Rural Residential District, @F-11. Single Family District, 8F^8. Single Family District, 8F-4.5, Single Family District, TH, Townhouse Residential District and the PH`ZL. Patio Home Zero Lot Line Residential District. 2� : All permitted uses identified in the NC. Neighborhood Commercial District shall be permitted within the 3 unit per acre portion of the Property depicted on the Conceptual Land Use Plan. All permitted uses identified inthe CC, Community Commercial District shall be permitted within the Property depicted as Community []omrnanoia| on the Conceptual Land Use Plan u9toamaximum nf20Oacres. Nonresidential uses, |fdeveloped, are intended to be located at appropriate locations, such as along thoroughfare corridors or at the intersections ofmajor thorouQhfares. within the development. 3. : All permitted uses imdentified in the MF -24, Multiple -Family Residential District shall be permitted within any portion of the Property depicted as Community Commercial on the Conceptual Land Use Plan (but excluding the Lo CiOna (}utparce|o) up to a maximum of 30 acres; provided, however, that Purpose Built Student Housing (as established by City Ordinance NO. 2O16`24)shall beprohibited. 4. School Site. The Parties acknowledge that the Project is located within the Gan PWmnoos Consolidated Independent School District (the "District"). Owner shall dedicate up to a 12 acre site fora future elementary school to, the District at the time of platting of such school site with a maximum impervious cover allocation equal to the greater of 55% of such site or 6.6 acres. The actual termo, size, timing, and- location of the school site will be determined byOwner and the District. 5. . Owner has transferred to the City a 3.505 anns site, located no more than one-third mile driving distance from the intersection of Old Ranch Road 12and Wonder World Drive, for a future fire station and/or police or EMS station. Such site oha||haveornaxinnunmimperviouacmvera||ooationequa|to2.1aon*o..Tremsitahop|ooedionn will be determined by Owner and City at the time of platting of such locations. 6. Conditional uses authorized in the above residential and nonn*e|dnnUe| base districts shall only be permitted if approved by the City in accordance with the procedures and requirements of the City's LDC. Any proposed use, other than a Corporate Campus or other office use, within amonresidentka| area with asingle tenant greater than 80.000 square feet |n size shall require a Conditional Use Permit in accordance with the City's Lend Development Code subject to a recommendations by the Planning and Zoning Commission and final approval bvCity Council. 7. Notwithstanding anything inthis Agreement orinthe City's LDC orordinances hathe contrary, no extraction of or exploration for surface or sub -surface minensl resources or natural resources may be conducted on the Property, including but not limited to quarries, borrow pite, sand or gravel operations, oil or Bae exploration or extraction activities, and mining operations. This prohibition shall not be interpreted to prohibit excavation of soil in connection with the development ofthe Property consistent with this Agreement. Project �ThmPnojmotnha|| berestricted toomaximum of2.8OOdwelling units for anoverall project density of1.1Gunits per acre (^0P/Y'). Project density shall befurther restricted as follows: 1. approximately 706.59 acres of the Property located east of Purgatory Creek as illustrated on the Conceptual Land Use Plan eheU be restricted to maximum of units per acre and all lot types provided for |nSection 1�04�Cofthis Agreement are permitted, provided, however, that any portion of the maximum 200 acres of nonresidential as permitted in Section 1.04./4.2. of this Agreement not developed for nonresidential may also be developed for residential uses imaccordance with these density and lot type restrictions; 2. the approximately 712.75 acres of the Property located west of Purgatory Creek shall be restricted to a maximum of 2 units per acre and all lot types provided for in Section 1.04.0 of this Agreement are permitted; and 3. Project density may be distributed evenly ormay be clustered utilizing mconsen/ation or duohenad development plan provided that the maximum density for each of the designated areas above does not exceed the applicable the maximum density for such designated area and subject to the applicable use, lot type and size restrictions for such designated area, all 4