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1 09 Deed Restrictions and Creation of Homeowner's Association <br />The Owner shall create a homeowner's association responsible for, among other things, enforcement <br />of deed restrictions required under this Agreement. The homeowner's association shall be created <br />and deed restrictions recorded before commencement of any development on all or any portion of <br />the Property. The deed restrictions shall be submitted to the City for review to determine consistency <br />with this Agreement before recording. The homeowner's association shall be duly authorized, under <br />applicable laws, to enforce the deed restrictions against all owners and developers of land within the <br />Property. Any deed restrictions, and amendments thereto, regulating development of the Property <br />shall be recorded in the Official Public Records of Hays County, Texas. Any deed restrictions <br />regulating development of the Property, and any amendments thereto, shall be subject to this <br />Agreement. Such deed restrictions shall further include a statement that they are subject to this <br />Agreement and that, in the event of a conflict between the deed restrictions and this Agreement, this <br />Agreement shall govern. <br />1A0 Hays County Regional Habitat Conservation Plan & Endangered Species Act <br />Prior to any development activity as defined in the City's LDC, the Owner shall comply with the <br />Endangered Species Act, specifically related to the golden-cheeked warbler or black -capped vireo, <br />by either obtaining approvals from the U.S. Fish and Wildlife Service or through voluntary participation <br />in the Hays County Regional Habitat Conservation Plan ("RHCP"). <br />2.01 Term <br />A. This Agreement shall commence and bind the Parties onthe Effective Date and continue until all <br />13 <br />3427493.1 <br />