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STATE Q,F TEXAS
COUNTY OF BRAZOS
interpretation of the
the parties within ~he City of
WHEREAS, Creekside Retail Center was constructed under a
building permit issued by the City of College Station;
WHEREAS, it is alleged by the City of College Station that
Center was constructed with inadequate parking
be considered a shopping cen~er under the
the City of COllege Station;
~he agent for management
Retail Center;
into On this the 17th day of
January, 1986 by~nd between Allister Rand, Inc., a Texas
corporation, Creekside Joint Venture, a Texas Joint
City of College Station, a Texas MuniCipal Corpo~ation
Lincoln National Life Insurance Company, a corporl:ltion registered
to do business in the State of Texas acting by and through its
1nc4, a corporation registered to do
of Texas for the purpose of agreeing upon.
rig11ts of
the
WHEREAS, Pratt Properties, Inc. is requesting a building
for the completion of lease space inCreeksid~ Retail
CompanYi
is not eligible for additional
without the construction of the Supplemental
as per the approved
College Station
said file being numbered 85-415.
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for
mental parking area. However,
the parties that completion of th~;construeti6n of the
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Supplemental parking lot is a necessary ptere9uisite to
any Certificates of Occupancy incl1uding the Certificate
,the Lincoln National Life.
It is understood and a9reed,'~qy th~ parties that
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completion of parking lot will include 1'~rld.ri9 spaces
complinancewith all landscaping
all other requirements of the
Project
requirements attached hereto as
the City of College Station
the said sixty-seven (67)
additional parking spaces shall place the Creekside
with the ordinances, rules
to
spaces shall be required at Creekside
building permits or Certificates of
for any future tenants and Lessees in the
ofthebu i Idtng so'f"'>the'"
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spaces are required for
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the ordinances,
Parties have
ther~of and ent,erinto this agreement based on the
with the intent ~6 abide by the contents
hereby agree to .provide adequate assurance of
represent the above mentioned corporations prior to
the execution of this agreement.
The Building permit will be issued to Pratt Properties,
with the reqqired proof
~ehalf of the respected corporations.
an Inc., and as
of the Venture
Joint Ventur,e
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