RES 2026-01 EDC/TC Agreemenht with Catalyst Commercial, Inc & Core Location Advicors, LLC TOWN OF TROPHY CLUB, TEXAS
RESOLUTION NO. 2026-01
A RESOLUTION OF THE TOWN OF TROPHY CLUB, TEXAS,
APPROVING A PROFESSIONAL SERVICES AGREEMENT BETWEEN
THE TOWN OF TROPHY CLUB, TEXAS, THE TROPHY CLUB
ECONOMIC DEVELOPMENT CORPORATION, CATALYST
COMMERCIAL, INC., AND CORE LOCATION ADVISORS, LLC, IN
THE NOT-TO-EXCEED AMOUNT OF $77,000.00 FOR ADVISORY
SERVICES AND A 4% DISPOSITION FEE FOR REAL ESTATE
BROKERAGE SERVICES; AUTHORIZING THE TOWN MANAGER TO
EXECUTE SAID AGREEMENT; AND PROVIDING AN EFFECTIVE
DATE.
WHEREAS, the Town of Trophy Club (the "Town") is a home rule municipality
acting under its charter adopted by the electorate pursuant to Article XI, Section 5 of the
Texas Constitution and Chapter 9 of the Local Government Code; and
WHEREAS, the Town and Trophy Club Economic Development Corporation
("EDC") created a small area plan for the undeveloped parcels located at the intersection
of State Highway (SH) 114 and Trophy Wood Drive, in the Town of Trophy Club, Texas
(the "Project"); and
WHEREAS, the EDC has approved and recommended Catalyst Commercial, Inc.
as the consultant and Core Location Advisors, LLC, as the broker for the Project for
economic development advisory and real estate brokerage services, and the Town has
been presented a proposed Professional Services Agreement (the "Agreement"), a copy
of which is attached hereto as Exhibit A and incorporated herein by reference; and
WHEREAS, the Town and EDC have determined that Catalyst Commercial, Inc.
("Catalyst") and Core Location Advisors, LLC ("Core") are acceptable to the Town and
EDC and that Catalyst and Core are the most highly qualified providers of professional
consulting and brokerage services for the Project; and
WHEREAS, upon full review and consideration of the Agreement, and all matters
attendant and related thereto, the Town Council finds and determines that the Agreement
should be approved, and the Town Manager shall be authorized to execute the
Agreement on behalf of the Town.
NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE
TOWN OF TROPHY CLUB, TEXAS, THAT:
SECTION 1.
The recitals above are true and correct and are incorporated into this resolution as
if fully set forth herein.
RESOLUTION 2026-01 PAGE 2
SECTION 2.
The Agreement, attached hereto as Exhibit A, is found to be in the best interest
of the Town and its citizens and is approved in the not-to-exceed amount of$77,000.00
for Advisory Services provided by Catalyst and a 4% disposition fee for real estate
Brokerage Services provided by Core.
SECTION 3.
The Town Manager is hereby authorized to execute the Agreement.
SECTION 4.
This Resolution shall become effective from and after its passage after two
separate readings.
PASSED AND APPROVED on FIRST READING this the 12th day of January,
2026.
PASSED AND APPROVED on SECOND READING this the 12th day of
January, 2026.
,t‘OFTii) � 1
�® '5, JOnette Tiffany, y' r
ATTEST:
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L.1a1W1 �Y &11 g'
Tammy Dixon own Secreta i �'`'
APPROVED AS TO FORM:
Dea Ro• - own Attorney
RESOLUTION 2026-01 PAGE 3
EXHIBIT "A"
Professional Consulting Services Agreement
CONTRACT FOR PROFESSIONAL SERVICES BETWEEN,
THE TOWN OF TROPHY CLUB,TEXAS,
THE TROPHY CLUB ECONOMIC DEVELOPMENT CORPORATION
CATALYST COMMERCIAL, INC.,AND
AND CORE LOCATION ADVISORS,LLC
This Contract for Professional Services (the "Contract"), is by and between the Trophy
Club Economic Development Corporation, a nonprofit corporation organized under Title 12,
Subtitle Cl, Ch. 501 and Ch. 505 of the Texas Local Gov't Code (the "TCEDC"), Town of
Trophy Club, Texas, a Texas home-rule municipal corporation (the "Town"), Catalyst
Commercial, Inc. (the "CONSULTANT"), and Core Location Advisors, LLC (the "Broker")
whereby the CONSULTANT and the Broker agree to provide the TCEDC and Town with
certain services as described herein and the TCEDC agrees to pay the CONSULTANT for those
services.
1. Scope of Services
A. In consideration of the compensation stated in Paragraph 2(A) and 2(B), the
CONSULTANT agrees to provide the TCEDC and the Town with professional
advisory economic development services to support activities designed to advance
economic development projects in the Town of Trophy Club. The
CONSULTANT shall work with TCEDC and the Town to analyze and develop
an activation strategy based on available economic assets and TCEDC and Town
goals. Along with these services, the CONSULTANT shall provide assistance
with the development strategy, analysis of commercial projects, recruitment of
development partners, and/or other economic development services. The services
described in this paragraph are collectively referred to as the"Advisory Services".
It is expressly understood that Advisory Services as outlined herein, together with
the compensation as outlined in Paragraph 2(A) and 2(B), are separate and apart
from Brokerage Services.
B. In consideration of the compensation stated in Paragraph 2(C), the Broker agrees
to provide the TCEDC and the Town with brokerage services including marketing
of Town of Trophy Club-owned and TCEDC-owned property. The Broker shall
work with the TCEDC and the Town to identify Town of Trophy Club-owned and
TCEDC-owned properties within the Town of Trophy Club small area plan, and
market and negotiate or recommend selling prices on behalf of TCEDC and the
Town (collectively referred to as "Brokerage Services"). Broker shall not provide
closing services to TCEDC or the Town as part of these Brokerage Services.
C. Advisory Services and Brokerage Services may collectively be referred to as the
"services", except where the context clearly indicates otherwise.
2. Payment
A. In consideration of the CONSULTANT's provision of the Advisory Services in
compliance with all terms and conditions of this Contract, the TCEDC shall pay the
CONSULTANT at the hourly rates identified in Paragraph 2(B). However, CONSULTANT's
fees shall not exceed $5,500 per month, and shall not exceed $77,000 during the Term for all
Advisory Services performed by CONSULTANT, as set forth in this Contract, unless authorized
by the Board of Directors of the TCEDC and agreed to in writing by the Town Manager of the
Town of Trophy Club.
B. CONSULTANT shall invoice TCEDC on a monthly basis, with any hourly
charges incurred to date based on the Advisory Services provided in Paragraph 1(A). All
invoices shall be due upon receipt and paid within thirty (30) days, in accordance with the Texas
Prompt Payment Act, Texas Gov't Code Ch. 2251. Any Advisory Services undertaken by
CONSULTANT and authorized by TCEDC or the Town shall be compensated at the rates set
forth below.
$500.00 per hour for principal
$250.00 per hour for senior consultants
$175.00 per hour for associates
$105.00 per hour for professional support staff
C. In consideration of the Broker's provision of Brokerage Services in compliance
with all terms and conditions of this Contract, if the Broker participates in or is responsible for
the marketing or negotiation of a disposition that results in the conveyance of any TCEDC-
owned real property or Town of Trophy Club-owned property, the TCEDC shall pay the Broker
a disposition fee equal to four percent(4%) of the gross purchase price of the property conveyed.
3. Time of Performance
A. CONSULTANT and Broker will provide their respective services pursuant to this
Contract and will each complete their services requested in reasonable time by the TCEDC and
the Town within fourteen (14) months of the Effective Date of this Contract (the "Term"). The
parties may mutually extend the Term of this Contract as necessary in writing in order for
CONSULTANT or Broker to complete any services requested by the TCEDC or the Town
during the Term.
B. Time is of the essence of this Contract. The CONSULTANT and Broker shall
each be prepared to provide their respective services in an expedient and efficient manner to
assist with project activation.
4. Warranty, Indemnification, & Release
A. As an experienced and qualified CONSULTANT and Broker, the
CONSULTANT and Broker each warrant that the information provided by the CONSULTANT
or Broker reflects high professional and industry standards, procedures, and performances. The
CONSULTANT and Broker each warrant that the performance of all of their respective services
under this Contract will be pursuant to a high standard of performance in the profession, and
CONSULTANT and Broker shall keep and maintain all professional licenses required by the
State of Texas for CONSULTANT and Broker to provide their respective services under this
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Contract. The CONSULTANT and Broker each warrant that they will exercise diligence and
due care, and perform in a good and workmanlike manner all of their respective services
pursuant to this Contract. Approval of the TCEDC or the Town shall not constitute, or be
deemed, a release of the responsibility and liability of the CONSULTANT or the Broker, or their
employees, agents, or associates for the exercise of skill and diligence to promote the accuracy
and competency of their respective services, or any document, nor shall the TCEDC's or the
Town's approval be deemed to be the assumption of responsibility by the TCEDC or the Town
for any defect or error in the aforesaid documents prepared by the CONSULTANT or the
Broker, or their employees, associates, agents, or subcontractors.
B. The CONSULTANT and Broker shall each promptly correct any defective,
inaccurate, or negligent services or documents furnished by the CONSULTANT or Broker at no
cost to the TCEDC or the Town.
C. In all services performed under this Contract, the CONSULTANT and Broker are
each independent contractors and not agents or employees of the TCEDC or the Town. The
CONSULTANT and Broker and their employees are not the agents, servants, or employees of
the TCEDC or the Town. As an independent contractor, the CONSULTANT and Broker shall
be responsible for their respective services and the final work product contemplated under this
Contract. Except for materials and information furnished by the TCEDC or the Town, the
CONSULTANT and Broker shall each supply all materials, equipment, and labor required for
their respective services to be provided under this Contract. The CONSULTANT and Broker
shall each have ultimate control over the execution of their respective services. The
CONSULTANT and Broker shall have the sole obligation to employ, direct, control, supervise,
manage, discharge, and compensate all of their employees or subcontractors, and the TCEDC
and the Town shall have no control of or supervision over the employees of the CONSULTANT
or Broker or any of the CONSULTANT's or Broker's subcontractors.
D. The CONSULTANT and Broker must at all times exercise reasonable precautions
on behalf of, and be solely responsible for, the safety of their officers, employees, agents,
subcontractors, licensees, and other persons, as well as their personal property. It is expressly
understood and agreed that the TCEDC and the Town shall not be liable or responsible for the
negligence of the CONSULTANT and Broker, or their officers, employees, agents,
subcontractors, invitees, licensees, and other persons.
E. Responsibility for damage claims (indemnification): To the fullest extent
permitted by applicable law, the CONSULTANT and Broker and their officers, directors,
agents, partners, employees, and consultants (collectively, the "Indemnitors") will and do
hereby agree to fully and completely indemnify, protect, defend (with counsel approved by
the TCEDC and the Town), save, and hold harmless the TCEDC, the Town of Trophy
Club, representatives of the TCEDC and the Town of Trophy Club, their various
departments, and their respective officers, directors, employees, and agents (collectively,
the "Indemnitees") from and against all claims, damages, losses, liens, causes of action,
suits, judgments, and expenses, including attorney's fees (collectively, the "liabilities") of
any person or entity whomsoever arising out of, caused by, or resulting from the
performance of the services or any part thereof which are caused in whole or in part by
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any negligent act or negligent omission of the CONSULTANT or the Broker or any one of
the Indemnitors. In the event more than one of the Indemnitors are connected with an
accident or occurrence covered by this indemnification, then each of such Indemnitors will
be jointly and severally responsible to the Indemnitees for indemnification and the ultimate
responsibility among such Indemnitors for the loss and expense of such indemnification
will be settled by separate proceedings and without jeopardy to any Indemnitee. The
provisions of this Section 4.E will not be construed to eliminate or reduce any other
indemnification or right which the TCEDC or any of the Indemnitees has by law.
F. NOTWITHSTANDING ANYTHING CONTAINED HEREIN TO THE
CONTRARY, CONSULTANT'S AND BROKER'S LIABILITY UNDER THIS
CONTRACT SHALL BE LIMITED TO THE GREATER OF (I) THE ACTUAL
AMOUNT PAID TO CONSULTANT OR BROKER UNDER THIS CONTRACT, OR (II)
THE INSURANCE PROCEEDS PAID FOR ANY CLAIMS RESULTING FROM
CONSULTANT'S OR BROKER'S LIABILITY UNDER THIS CONTRACT. THESE
LIMITS OF LIABILITY SHALL SURVIVE TERMINATION OF THIS CONTRACT.
5. CONSULTANT's and Broker's Insurance
A. Maintain Coverage. The CONSULTANT and Broker each agree to maintain
the minimum insurance coverage provided below and comply with each condition set forth
below during the duration of this Contract with the TCEDC and the Town and for six (6)
months after the termination or expiration of this Contract as provided below. All parties to this
Contract hereby agree that the CONSULTANT's and Broker's coverage will be primary in
the event of a loss, regardless of the application of any other insurance or self-insurance.
CONSULTANT and Broker must deliver to TCEDC and the Town a certificate(s) of
insurance evidencing such policies are in full force and effect within ten (10) business days of
the Effective Date of this Contract.
B. Workers' Compensation Insurance & Employers' Liability Insurance — If
applicable, CONSULTANT and Broker shall each maintain Workers' Compensation
insurance for statutory limits and Employers' Liability insurance with limits not less than
$500,000 each accident for bodily injury by accident or $500,000 each employee for bodily
injury by disease. CONSULTANT and Broker shall each provide a Waiver of Subrogation
in favor of the TCEDC and the Town and their agents, officers, officials, and employees.
C. Commercial General Liability Insurance - CONSULTANT and Broker
shall each maintain Commercial General Liability (CGL) with a limit of not less than
$1,000,000 per occurrence and an annual aggregate of at least $2,000,000. CGL shall be
written on a standard ISO "occurrence" form (or a substitute foiui providing equivalent
coverage) and shall cover liability arising from premises, operations, independent contractors,
products-completed operations, personal and advertising injury, and liability assumed under
an insured contract including the tort liability of another assumed in a business contract. No
coverage shall be deleted from the standard policy without notification of individual
exclusions and acceptance by the TCEDC and the Town.
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D. Business Automobile Liability Insurance - CONSULTANT and Broker shall
each maintain Business Automobile Liability insurance with a limit of not less than
$1,000,000 each accident. Business Auto Liability shall be written on a standard ISO
version Business Automobile Liability, or its equivalent, providing coverage for all owned,
non-owned and hired automobiles. CONSULTANT and Broker shall each provide a Waiver of
Subrogation in favor of the TCEDC and the Town and their agents, officers, officials, and
employees.
E. Professional Liability Insurance - CONSULTANT and Broker shall each
maintain Professional Liability (errors & omissions) insurance with a limit of not less than
$1,000,000. If written on a "Claims-Made" form, CONSULTANT and Broker each agree to
maintain a retroactive date equivalent to the inception date of the Contract (or earlier) and
maintain continuous coverage or a supplemental extended reporting period for a minimum of
two (2) years after the completion of this Contract. CONSULTANT and Broker will each
be responsible for furnishing certification of coverage for two (2) years following Contract
completion.
F. Policy Limits - Required limits may be satisfied by a combination of primary
and umbrella or excess liability policies. CONSULTANT and Broker each agree to endorse
TCEDC and the Town and their agents, officers, officials, and employees as an additional
insured on the certificates of insurance required under this Contract, unless the certificate states
the Umbrella or Excess Liability provides "True Follow Form"coverage.
G. Deductibles, Coinsurance Penalties & Self-Insured Retention -
CONSULTANT and Broker shall each maintain reasonable and customary deductibles,
subject to approval by the TCEDC and the Town. CONSULTANT and Broker shall each be
fully and solely responsible for any costs or expenses as a result of a coverage deductible,
coinsurance penalty, or self-insured retention.
H. Subcontractors - If the CONSULTANT's or Broker's insurance does not
afford coverage on behalf of any Subcontractor(s) hired by the CONSULTANT or Broker,
the Subcontractor(s) shall maintain insurance coverage equal to that required of the
CONSULTANT or Broker, as applicable. It is the responsibility of the CONSULTANT and
Broker to each assure compliance with this provision. The TCEDC and the Town accept no
responsibility arising from the conduct, or lack of conduct, of the Subcontractor.
I. Acceptability of Insurers - Insurance coverage shall be provided by companies
admitted or authorized to do business in Texas and rated A-:VI or better by AM Best Insurance
Rating.
J. Notice of Coverage - Renewal certificates shall be sent a minimum of ten (10) days
prior to coverage expiration. Upon request, CONSULTANT and Broker shall furnish the TCEDC
and the Town with certified copies of all insurance policies. The certificate of insurance and all
notices shall be sent to:
Trophy Club Economic Development Corporation/Town of Trophy Club, Texas
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Attention: Brandon Wright
1 Trophy Wood Drive
Trophy Club,TX 76262
Emailed to: bwright@trophyclub.org
Failure of the TCEDC or the Town to demand evidence of full compliance with these
insurance requirements or failure of the TCEDC or the Town to identify a deficiency shall
not be construed as a waiver of CONSULTANT's or Broker's obligation to maintain such
insurance.
K. Notice of Cancellation, Non-renewal, Material Change, Exhaustion of
limits — CONSULTANT and Broker must each provide minimum thirty (30) days prior written
notice to the TCEDC and the Town of policy cancellation, material change, exhaustion of
aggregate limits, or intent not to renew insurance coverage. If TCEDC and the Town are notified
that a required insurance coverage will be canceled or non-renewed during the Term, the
CONSULTANT or the Broker, as applicable, shall agree to furnish prior to the cancellation
or expiration of such insurance, a new or revised certificate(s) as proof that equal and like
coverage is in effect. The TCEDC and the Town reserve the right to withhold payment to
CONSULTANT and Broker until coverage is reinstated or to terminate the Contract without any
liability to the TCEDC or the Town.
L. CONSULTANT's Failure to Maintain Insurance — If the CONSULTANT or
Broker fails to maintain the required insurance, the TCEDC and the Town shall have the right,
but not the obligation, to withhold payment to CONSULTANT or Broker until coverage is
reinstated or to terminate the Contract without any liability to the TCEDC or the Town.
M. No Representation of Coverage Adequacy - The requirements as to types and
limits, as well as the TCEDC's and the Town's review or acceptance of insurance coverage to
be maintained by CONSULTANT or the Broker, is not intended to nor shall in any manner
limit or qualify the liabilities and obligations assumed by the CONSULTANT or Broker under
the Contract.
6. Termination
A. Any party may terminate this Contract at any time upon thirty (30) calendar day's
written notice to the other parties. If TCEDC or the Town terminates, upon the
CONSULTANT's or Broker's receipt of such notice, the CONSULTANT or Broker shall cease
work immediately. The CONSULTANT or Broker, as applicable, shall be compensated for the
services satisfactorily performed prior to the termination date.
B. If, through any cause, the CONSULTANT or Broker fails to fulfill its obligations
under this Contract, or if the CONSULTANT or Broker violates any of the agreements of this
Contract, the TCEDC or the Town shall give CONSULTANT and Broker written notice of such
default. If CONSULTANT or Broker fails to cure such default within ten (10) business days of
TCEDC's notice, TCEDC or the Town has the right to terminate this Contract by giving the
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CONSULTANT and Broker five (5) calendar day's written notice. The CONSULTANT and
Broker will be compensated for the Services satisfactorily performed before the termination date.
7. Miscellaneous Terms
A. This Contract has been made under and shall be governed by the laws of the State
of Texas, without regard to conflict of laws principles. The parties agree that performance and
all matters related to this Contract shall be in state court in Denton County, Texas.
B. Notices may be made by electronic communication except for notice of default.
Notices and other communications sent to an e-mail address shall be deemed received upon the
sender's receipt of an acknowledgement from the intended recipient (such as by the return
receipt requested function, as available, return e-mail or other written acknowledgement),
provided that if such notice or other communication is not sent during the normal business hours
of the recipient, such notice or communication shall be deemed to have been sent at the opening
of business on the next business day for the recipient. Any party hereto may change its address or
telecopier number or email address for notices and other communications hereunder by notice to
the other parties hereto. Notices shall be mailed to the addresses designated herein or as may be
designated in writing by the parties from time to time and shall be deemed received when sent
postage prepaid U.S. Mail either registered or certified, or electronically to the following
addresses:
TOWN AND TCEDC: CONSULTANT:
Attn: Brandon Wright Catalyst Commercial, Inc.
1 Trophy Club Drive Attn: Jason Claunch
Trophy Club,TX 76262 4719 Cole Avenue, tt104
bwright@trophyclub.org Dallas, Texas 75204
jason@catalystcommercial.net
BROKER:
Core Location Advisors, LLC
Attn: Jason Claunch
4719 Cole Avenue, #404
Dallas, Texas 75204
jason@catalystcommercial.net
C. No waiver by any party hereto of any term or condition of this Contract shall be
deemed or construed to be a waiver of any other term or condition or subsequent waiver of the
same term or condition.
D. This Contract represents the entire and integrated agreement between the TCEDC,
Town, the CONSULTANT, and the Broker and supersedes all prior contracts, negotiations,
representations, or agreements, either written or oral. This Contract may only be amended by
written instrument approved and executed by the parties.
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E. This Contract and all rights and obligations contained herein may not be assigned
by the CONSULTANT or the Broker without the prior written approval of the TCEDC and the
Town.
F. The CONSULTANT and Broker, their agents, employees, and subcontractors
must comply with all applicable federal and state laws, the charter and ordinances of the TCEDC
and the Town, and with all applicable rules and regulations promulgated by local, state, and
national boards, bureaus, and agencies. The CONSULTANT and Broker must each obtain all
necessary permits and licenses required in completing the work and providing their respective
services required by this Contract.
G. Reimbursable or other miscellaneous expenses incurred by the CONSULTANT
are included in the hourly fee schedule provided in Section 2(B), above. Any reimbursements in
excess of such budgeted expenses will not be allowed, unless written authorization is obtained
from the TCEDC and the Town Manager of the Town in advance.
H. Non-prejudice. CONSULTANT, Broker, and/or their subconsultants (if any)
shall not be barred from representing or providing services to the private sector for additional
services during or after the termination of this Contract for any engagements related to this work.
Furthermore, TCEDC and the Town acknowledge that Jason Claunch, principal for the Broker is
a licensed real estate broker (TREC 900114) and authorizes the Broker to act as an intermediary
and to appoint its associated licensees to work with the parties in the event that the Broker also
represents a buyer, or tenant, that wishes to purchase property listed with the Broker. The Broker
may act as an intermediary between a prospective buyer, subject to The Texas Real Estate
License Act. TCEDC and the Town hereby acknowledge and consent to the Broker acting as an
intermediary. No additional fees shall be due to the Broker, from TCEDC or the Town,
except as provided in this Contract for Brokerage Services, unless authorized in writing by
the TCEDC, or the Town Manager of the Town, per separate written agreement.
In the event the Broker serves as an intermediary, the Broker is required to treat each
party honestly and fairly and to comply with The Texas Real Estate License Act. If the Broker
acts as an intermediary in a transaction the Broker:
(1) shall treat all parties honestly;
(2) may not disclose that the owner will accept a price less than the asking price unless
authorized in writing to do so by the owner;
(3) may not disclose that the buyer will pay a price greater than the price submitted in a
written offer unless authorized in writing to do so by the buyer; and
(4) may not disclose any confidential information or any information that a party
specifically instructs the Broker in writing not to disclose unless authorized in writing to disclose
the information or required to do so by court order.
I. Governmental Functions and Immunities. The parties hereby acknowledge and
agree that the TCEDC and the Town are entering into this Contract pursuant to their
governmental functions and that nothing contained in this Contract shall be construed as
constituting a waiver of their immunity from suit or liability, which are expressly reserved to the
extent allowed by law, the Town's Charter, and in accordance with Texas Local Government
Code Sec. 505.106.
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J. Gifts; Form 1295. CONSULTANT and Broker have not offered any gifts in
exchange for this Contract. CONSULTANT and Broker shall each complete a Form 1295 upon
the Effective Date and shall provide an updated Form 1295 no later than seven (7) business days
after the date of any event that would render a statement in the previously completed Form 1295
to be incomplete or inaccurate.
K. Appropriations. This Contract is subject to the appropriation of public funds by
the TCEDC and the approval by the Town of the TCEDC's budget adopted for any fiscal year
for the specific purpose of making payments pursuant to this Contract for that fiscal year. The
obligation of the TCEDC pursuant to this Contract in any fiscal year for which this Contract is in
effect shall constitute a current expense of the TCEDC for that fiscal year only and shall not
constitute an indebtedness of the TCEDC of any monies other than those lawfully appropriated
in any fiscal year. In the event of non-appropriation of funds or non-approval of the TCEDC's
budget by the Town in any fiscal year to make payments pursuant to this Contract, this Contract
may be terminated in accordance with the terms of Section 6(A).
L. Public Information. Notwithstanding any other provision to the contrary in this
Contract, all information, documents, and communications relating to this Contract may be
subject to the Texas Public Information Act and any opinion of the Texas Attorney General or a
court of competent jurisdiction relating to the Texas Public Information Act.
M. This Contract may be executed in counterparts, each of which shall be deemed an
original and constitute one and the same instrument.
N. The parties acknowledge that they have read, understood, and intend to be bound
by the terms and conditions of this Contract.
Executed and effective on this the day of 2026 (the "Effective Date").
TROPHY CLUB ECONOMIC CATALYST COMMERCIAL,INC.
DEVELOPMENT CORPORATION(TCEDC) (CONSULTANT)
By: By:
Brandon Wright,Town Manager of the Town Jason Claunch, President
of Trophy Club, Texas, and the authorized representative
of the TCEDC
Date: Date:
Attest: Attest:
By: By:
Tammy Dixon,Town Secretary of the [Name/Title]
Town of Trophy Club,Texas
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Date: Date:
TOWN OF TROPHY CLUB,TEXAS (TOWN) CORE LOCATION ADVISORS,LLC.
Brandon Wright,Town Manager, or designee Jason Claunch,Principal(TREC 900114)
Date: Date:
Attest: Attest:
Tammy Dixon,Town Secretary of the [Name/Title]
Town of Trophy Club, Texas
Date: Date:
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