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2025-022 - Approve the Reimbursement Agreement with Forestbrook Public Improvement District No. 1 – Lone Star Planned Developments, LLC
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2025-022 - Approve the Reimbursement Agreement with Forestbrook Public Improvement District No. 1 – Lone Star Planned Developments, LLC
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5/14/2025 11:00:54 AM
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5/14/2025 10:58:57 AM
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CITY CLERK
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4.25 Vefifications Pursuant to Chat.)ter 2276, e <br />............. Government Cod . The Developer <br />hereby ven*fies that it and its parent companies, wholly- or majority- owned subsidiaries, and other <br />affiliates, if any, do not boycott energy companies and will not boycott energy companies during <br />the term of this Agreement. The foregoing verification is made pursuant to Section 2276.002, <br />Texas Government Code, as amended. As used in the foregoing venfication, "boycott energy <br />companies" shall have the meaning assigned to the term "boycott energy company" in Section <br />809.001, Texas Government Code. The Developer understands "affiliate" to mean an entity that <br />controls is controlled by, or is under common control with the Developer and x sts to make a <br />profit. Notwithstanding anything contained herein, the representations and covenants contained in <br />this Section 4.23 shall survive termination of the Agreement until the statute of limitations has run. <br />4.26 Verification Pursuant to ChqV1qr 12.7 ' 4 Texas Govemment Code. The Developer <br />hereby verifies that it and its parent companies, wholly- or majority- owned subsidiaries, and other <br />affiliates, if any, <br />do not have a practice., ipolicy, guidance or directive that discriminates against a <br />I � <br />firearm entity or firearm trade association; and <br />(2) will not discriminate during the term of this Agreement against a firearm entity or <br />firearm trade association during the term of this Agreement. <br />The foregoing verification is made pursuant to Section 2274.002, Texas Government Code, <br />as amended. As used in the foregoing verification, "discriminate against a firearm entity or fireann <br />trade association" shall have the meaning assigned to such term in Section 2274.001(3), Texas <br />Government Code, "firearm entity" shall have the meaning assigned to such term in Section <br />2774.001(6), Texas Government Code, and ""firearm trade association" shall have the meaning <br />assigned to such term in Section 2274.001(7), Texas Government Code. The Developer <br />understands "affiliate" to mean an entity that controls, is controlled by, or is under common control. <br />with the Developer and exists to make a profit. Notwithstanding anything contained herein, the <br />representations and covenants contained in this Section 4.24 shall survive termination of the <br />Areement until the statute of limita <br />gtions has run. <br />4.27 Exhibits. The following exhibits are attached to this Agreement and are <br />incorporated herein for all purposes: <br />q iq � � iqpq popip q 11pigi i pq� <br />Exhibit C: Form of Reimbursement Agreement Balance Certificate <br />[F,xecution pages fbllow. ] <br />Reimbursement Agreement <br />Forestbrook Public Improvement District No. I Page 19 <br />0 185 51.00000114905-9229-3155. v5 <br />
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