MEMORANDUM OF UNDERSTANDING BETWEEN SOUTH RIVER CITY CITIZENS NEIGHBORHOOD ASSOCIATION AND WAL-MART
I. Overall Agreement Structure and Statements of Purpose
In exchange for the South River City Citizens Neighborhood Association (SRCC)s endorsement of the zoning change of the site in question near Ben White and IH35 regarding a proposed Wal-Mart (hereinafter site in question), Wal-Mart agrees to alter the site plans for the site in question and comply with such site plans in accordance with the conditions and procedures further described in this Memorandum of Understanding (hereinafter Memo), including attached letters, exhibits, site plans and elevations. SRCC agrees to work with Wal-Mart as described in this Memo, and to provide reasonable political support and assistance with processing the related permits and approvals through the City process for this Wal-Mart construction to implement the terms of this Memo by making available an officer of or spokesperson for the SRCC to represent the SRCC during such process.
Statement of Wal-Mart: Wal-Mart would like to thank SRCC for engaging in the discussion which has led to this agreement and SRCCs endorsement of the zoning change and site plan for the Wal-Mart on Ben White Boulevard. From the start, Wal-Mart was committed to meeting the Citys standards for development on its site. These City standards reflect the Citys policy of protecting the watersheds in our community and Wal-Mart was prepared to fully comply with them, thereby fulfilling the Citys policy of protection of Blunn Creek. However, at the request of SRCC, Wal-Mart is willing to voluntarily alter its plans according to the attachments to address the alleged concerns raised by SRCCs engineer (Glenrose Engineering and Lauren Ross) with respect to Blunn Creek. Wal-Mart also looks forward to a continuing relationship with SRCC throughout the construction and operation of the Wal-Mart Supercenter on Ben White Boulevard.
II.
Wal-Mart anticipates closing on (i.e. finalizing the purchase of) the site in question upon securing necessary permits for construction and operation of the Wal-Mart. It is anticipated that the City Council will approve the zoning change on December 11, 2003. It is anticipated that subdivision and site plan and building permit will be approved by about March 1, 2004. It is anticipated that closing will occur within 10 days of the issuance of the building permit.
III.
Within 10 days of closing, Wal-Mart will draft and file a public restrictive covenant, to be approved by SRCC, between Wal-Mart and the City of Austin incorporating the above in Number 1 and appropriate sections of this agreement (including Exhibits A, B and C).
IV.
In addition, Wal-Mart would like to ensure the recognition of its special relationship with SRCC, the land and community in and around the site in question by the following commitments:
a. In addition, to the normal and customary expenses incurred for processing approvals through the City of Austin, Wal-Mart has voluntarily incurred additional expenses in reviewing and responding to SRCCs concerns. Wal-Mart also recognizes that SRCC has incurred some expenses in the development of this agreement. At SRCCs request, Wal-Mart has agreed to reimburse SRCC $25,000 for its expenses incurred, or that are expected to be incurred regarding issues related to the above SRCC Statement. It is anticipated that SRCC will deposit the funds in its existing non-profit account, or similar account. Wal-Mart will make such $25,0000 reimbursement contribution within 10 days of the closing referenced above.
b. Upon the Grand Opening of the Wal-Mart at the site in question, Wal-Marts Ben White store manager will evaluate the present relationship with SRCC to anticipate how it may best cooperate with the community to enhance Wal-Marts relationship with the community and the surrounding watersheds. SRCC will assist in this effort.
V.
In addition, although Wal-Mart voluntarily agreed to a majority of SRCCs requests, Wal-Mart and SRCC recognize that some of the issues that have been a part of the negotiating process have not been agreed to by Wal-Mart, and an inventory of the issues still remaining is listed on Attachment D. Wal-Mart and SRCC remain committed to a continuing dialogue into the future about issues that will enhance each others value in a community dialogue, especially as it may be applied to the living Blunn Creek Watershed.
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Wal-Mart Representative
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(5) Rene Barrera, South River City Citizens, Ad Hoc SRCC Committee Member
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(6) Jeff Kessell, South River City Citizens, Ad Hoc SRCC Committee Member
EXHIBIT A: Richard Suttles 12/3/03 letter to SRCC
EXHIBIT B: The new site with infiltration controls
EXHIBIT C: 12/3/03 draft elevation
EXHIBIT D: List of issues still to be decided
EXHIBIT E: Supplemental Agreement