Res 2025-043 approving an amended development agreement (Riverbend Ranch / Baugh Ranch / Riley’s Point) with HK Baugh Ranch, LLC, HK Riley’s Point, LLC, HK Real Estate Development, LLC, and Jack’s Reservs

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Section 5.10 Owners Associations. Prior to the sale of any platted lots within the Property, Owners and/or Developer shall establish one or more property owners associations. No City rules or regulations related to architectural design shall apply. Section 5.11 Ci1y Fees. The City shall not charge any capital recovery fees, parkland dedication fees, inspection fees, or other similar fees in connection with the development of the Project except (i) as otherwise provided in this Agreement and (ii) the applicable Subdivision Review Fees and Site Fees set forth in Ordinance 2019-25, or as later amended, and not inconsistent with state law. ARTICLE VI. WATER AND WASTEWATER SERVICE Section 6.01 Water and Wastewater Service. (a) The property comprising River Bend is currently located within the water certificate of convenience and necessity ("CCN") held by Crystal Clear Special Utility District ("CCSUD"). In the event such property within a District is decertified or released from CCSUD's water CCN, such decertified/released property will receive water service from the City. The property comprising Riley's Pointe shall receive water service from the City. For the portion of the Property to which the City will provide water service, each phase of the related water supply and distribution facilities constructed by or on behalf of the District(s),to serve the District(s), shall be conveyed upon completion to the City for ownership, operation, and maintenance and become part of the City's water system in accordance with the Utility Agreement(s). Users within the Property receiving water service from the City shall be customers of the City; however, rates and charges for such customers shall be equal and uniform to those charged to other similar classifications of users receiving water service that are not located within the City. (i) Notwithstanding anything herein to the contrary, the City agrees to provide retail water service to the portion of River Bend within a District, subject to a final order issued by the Public Utility Commission of Texas ("PUC") approving the petition for release confirming the property is not located in the water Certificate of Convenience and Necessity ("CCN") of Crystal Clear Special Utility District ("CCSUD"). In exchange for the City's commitment to provide water service, and the provision of water service to such property, the Developer agrees to pay all reasonable costs incurred by the City as a result of any lawsuit filed by CCSUD related to the release or decertification of River Bend, or portion thereof, from CCSUD's CCN. The City shall invoice the Developer for such reasonable costs incurred and Developer shall cause payment to be made to the City for such invoiced amount within thirty (30) 12