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04-28-2025 Agenda Packet
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04-28-2025 Agenda Packet
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4/28/2025 4:57:11 PM
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City of Paris <br />Attn: City Manager <br />2313 Main Street <br />Paris, Texas 75135 <br />With a copy to: <br />Stephanie H. Harris <br />City Attorney <br />135 SE 1st Street <br />Paris, TX 75460 <br />To the Developer: <br />Lone Star Planned Developments, LLC <br />Attn: Nathan Spaulding <br />609 S Goliad St #656 <br />Rockwall, Texas 75087 <br />With a copy to: <br />Coats I Rose, P.C. <br />Attn: Timothy G. Green <br />9 Greenway Plaza, Suite 1000 <br />Houston, Texas 77046 <br />Any Parry may change its address by delivering notice of the change in accordance with this <br />section. <br />4.11 Co <br />nt. In the event of any conflict between this Agreement and <br />�ww Conflicts-, Amendment. ,,,. <br />any other instrument, document, or agreement by which either Party is bound, the provisions and <br />intent of the Bond Indenture controls. This Agreement may only be amended by written agreement <br />of the Parties. <br />4.12 Severabi� lith. If any provision of this Agreement is held invalid by any court, such <br />holding shall not affect the validity of the remaining provisions. <br />4.13 Non -Waiver. The failure by a Party to insist upon the strict performance of any <br />provision of this Agreement by the other Party, or the failure by a Party to exercise its rights upon <br />a Default by the other Party, shall not constitute a waiver of such Party's right to insist and demand <br />strict compliance by such other Party with the provisions of this Agreement. <br />4.14 Third Parti Beneficiaries., Nothing in this Agreement is intended to or shall be <br />p y <br />construed to confer upon an person or entity other than the City and the Developer, any rights <br />under or by reason of this Agreement. All provisions of this Agreement shall be for the sole and <br />exclusive benefit of the City and the Developer. <br />Reimbursement Agreement <br />Forestbrook Public Improvement District No. 1 Page 15 <br />018581.000001\4908-9229-3155.v5 <br />
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