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HomeMy WebLinkAbout1998-209P \shared\dept\WL\Wr Wcwents\0rdlnancee\98\Ctal9 doMson Real Estate dog ORDINANCE NO 9J _ d09 AN ORDINANCE AUTHORIZING THE CITY MANAGER TO EXECUTE A REAL ESTATE CONTRACT WITH CRAIG D JOHNSON AND WIFE, TERRI JOHNSON FOR THE PURCHASE OF APPROXIMATELY 0 181 ACRE TRACT OF LAND KNOWN AS PARCEL NO 17, US HIGHWAY 77, DENTON, DENTON COUNTY, TEXAS FOR THE US HIGHWAY WIDENING PROJECT, AUTHORIZING THE EXPENDITURE OF FUNDS THEREFORE, AND DECLARING AN EFFECTIVE DATE THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS SECTION I That the City Manager is hereby authorized to execute a Real Estate Contract with Craig JD o�hnson and wife, Tem Johnson, for the purchase of approximately 0 181 acre of land known as Parcel No 17, US Highway 77, Denton, Denton County, Texas for the US Highway Widening Project, a copy of which is attached hereto and incorporated by reference herein SECTION II That the City Council hereby authorizes the expenditure of funds in the manner and amount as specified in the agreement SECTION III That this ordinance shall become effective immediately upon its passage and approval PASSED AND APPROVED this the —"J)A ATTEST JENNIFER WALTERS, CITY SECRETARY IF PROVED AS TO LEGAL FORM HERBERT L PROUTY, CITY ATTORNEY day of. Jtj-, ,1998 �i • TBRCT B. ALL that certain lot, tract or parcel of land lying and being situated in the City' and County of Denton, State of Texas in the A Rill Survey, Abstract Huisber 623 and being a part of Lot 5, Block 4, of the Alex Robertson Addition, an addition to the City of Denton, recorded in Volume 1, P'age 19 of the Deed Records of Denton County, Texas and also being part pf a tract of land described by deed to Saint Andrew Church of God in Grist recorded in Volume 1230, Page 983 of the Deed Records of Denton County, Texas and being more particularly described by mete* and bounds as follows BEOINNINO at the northeast corner of said Lot 5, THENCE South 82' 15' 20' west a distance of 51 31 feet to a point for corner, THENCE Now" 79' 20' 62' west a distance of 39 18 fast to the north line of said Lot S, THENCE South 99' 67' 26' Rant along said north line a distance of 89 37 feet to the PLACE OF SROISNINO and containing 0 007 sere of land The previously described Tract "A' and Tract "B' also carry temporary construction easements as shown on ErHIBIT "A", attached herewith, and said temporary eonst"Ctien easements shall become null and void upon completion of the construction associated with the pending PEC-1 Dtaivage Psojsct And it is further sgreed that the City of Denton. Texas in consideration of the benefits above set out, will remove from the property above described, such fences, buildings and other obstructions as may now be found upon amid property For the purpose of constructing, reconstructing, installing, repairing, and perpetually maintaining drainage in, along, upon and across said premises, with the right and privilege at all times of the grates herein, his or its agents, employees, workmen and representatives having ingress, egress, and regress in, along, upon and across said premises for the purpose of making additions to, improvemapts on end repairs to said drainage facilities or any part thereof To IMVR AND To SOLD unto the said City of Denton, Texas as aforesaid for the purposes aforesaid the premises above described REAL ESTATE CONTRACT STATE OF TEXAS COUNTY OF DENTON THIS CONTRACT OF SALE is made by and between Craig D. Johnson and wife, Terri Johnson (hereinafter referred to as "Seller") and CITY OF DENTON, TEXAS, a home rule municipality, of Denton, Denton County, Texas, (hereinafter referred to as "Purchaser"), upon the terms and conditions set forth herein. PURCHASE AND SALE Seller hereby sells and agrees to convey, and Purchaser hereby purchases and agrees to pay for all that certain tract, lot or parcel of land described in Exhibit "A" attached with all rights and appurtenances pertaining to the said property, including any right, title and interest of Seller in and to adjacent streets, alleys or rights -of -way (all of such real property, rights, and appurtenances being hereinafter referred to as the "Property"), together with any improvements, fixtures, and personal property situated on and attached to the Property, for the consideration and upon and subject to the terms, provisions, and conditions hereinafter set forth. Seller shall pay all cost for the removal, installation, construction, reinstallation, reconstruction, labor and materials for any and/or improvements located within the property described in Exhibit "A". Any improvements not removed by January 1, 1999 shall become property of the City of Denton, Texas. PURCHASE PRICE 1. Amount of P it -hasp Prirp. The purchase price for the Property shall be the sum of $3982.00. 2. Payment of Purchase Price. The full amount of the Purchase Price shall be payable in cash at the closing. PURCHASER'S OBLIGATIONS The obligations of Purchaser hereunder to consummate the transactions contemplated hereby are subject to the satisfaction of each of the following conditions any of which may be waived in whole or in part by Purchaser at or prior to the closing. 1. Preliminary Title Report. Within twenty (20) days after the date hereof, Seller, at Seller's sole cost and expense, shall have caused the Title Company (hereinafter defined) to issue a owners policy commitment (the "Commitment") accompanied by copies of all recorded documents relating to easements, rights -of -way, etc., affecting the Property. Purchaser shall give Seller written notice on or before the expiration of ten (10) days after Purchaser receives the Commitment that the condition of title as set forth in the Commitment is or is not satisfactory. In the event Purchaser states the condition of title is not satisfactory, Seller shall, at Seller's option, promptly undertake to eliminate or modify all unacceptable matters to the reasonable satisfaction of Purchaser. In the event Seller is unable to do so within ten (10) days after receipt of written notice, this Agreement shall thereupon be null and void for all purposes, otherwise, this condition shall be deemed to be acceptable and any ob3ection thereto shall be deemed to have been waived for all purposes. 2. Survey. Purchaser may, at Purchaser's sole cost and expense, obtain a current survey of the Property, prepared by a duly licensed Texas land surveyor acceptable to Purchaser. The survey shall be staked on the ground, and shall show the location of all improvements, highways, streets, roads, railroads, rivers, creeks, or other water courses, fences, easements, and rights -of -way on or ad3acent to the Property, if any, and shall contain the surveyor's certification that there are no encroachments on the Property and shall set forth the number of total acres comprising the Property, together with a metes and bounds description thereof. Purchaser will have ten (10) days after receipt of the survey to review and approve the survey. In the event the survey is unacceptable, then Purchaser shall within the ten (110) day period, give Seller written notice of this fact. Seller shall, at Seller's option, promptly undertake to eliminate or modify the unacceptable portions of the survey to the reasonable satisfaction of Purchaser. In the event Seller is unable to do so within ten (10) days after receipt of written notice, Purchaser may terminate this Agreement, and the Agreement shall thereupon be null and void for all purposes and the Escrow Deposit shall be returned by the Title Company to Purchaser Purchaser's failure to give Seller this written notice shall be deemed to be Purchaser's acceptance of the survey. 3. Seller's Compliance. Seller shall have performed, observed, and complied with all of the covenants, agreements, and conditions required by this Agreement to be performed, observed, and complied with by Seller prior to or as of the closing. REPRESENTATIONS AND WARRANTIES OF SELLER Seller hereby represents and warrants to Purchaser as follows, which representations and warranties shall AEE008FE PAGE 2 be deemed made by Seller to Purchaser also as of the closing date• 1. There are no parties in possession of any portion of the Property as lessees, tenants at sufferance, trespassers or other parties. 2. Except for the prior actions of Purchaser, there is no pending or threatened condemnation or similar proceeding or assessment or suit, affecting title to the Property, or any part thereof, nor to the best knowledge and belief of Seller is any such proceeding or assessment contemplated by any governmental authority. 3. Seller has complied with all applicable laws, ordinances, regulations, statutes, rules and restrictions relating to the Property, or any part thereof. 4. To the best of the seller's knowledge, there are no toxic or hazardous wastes or materials on or within the Property. Such toxic or hazardous wastes or materials include, but are not limited to, hazardous materials or wastes as same are defined by the Resource Conservation and Recovery Act (RCRA), as amended, and the Comprehensive Environmental Response Compensation and Liability Act (CERCLA), as amended. CLOSING The closing shall be held at the office of Dentex Title Company on or before August 31, 1998, or at such title company, time, date, and place as Seller and Purchaser may mutually agree upon (which date is herein referred to as the "closing date"). CLOSING REQUIREMENTS 1. Seller's _ReQu m n s. At the closing Seller shall. A. Deliver to State of Texas, acting by and through the Texas Transportation Commission a duly executed and acknowledged General Warranty Deed conveying good and marketable title to all of the Property, free and clear of any and all liens, encumbrances, conditions, easements, assessments, and restrictions, except for the following: 1. taxes for the subsequent years General year of not yet due real estate closing and and payable, AEE008FE PAGE 3 2. Any exceptions approved by Purchaser pursuant to Purchaa�ls 0 7jqa Bona hereof, and 3. Any exceptions approved by Purchaser in writing. B. Deliver to Purchaser a Texas Owner's Policy of Title Insurance at Purchaser's sole expense, issued by Dentex Title Company, Denton, Texas, (the "Title Company"), or such title company as Seller and Purchaser may mutually agree upon, in Purchaser's favor in the full amount of the purchase price, insuring fee simple title for the State of Texas to the Property subject only to those title exceptions listed in r7nsing gsauirements hereof, such other exceptions as may be approved in writing by Purchaser, and the standard printed exceptions contained in the usual form of Texas owner's Policy of Title Insurance, provided, however: 1. The boundary and survey exceptions shall be deleted if required by Purchaser and if so required, the costs associated with same shall be borne by Seller; 2. The exception as to restrictive covenants shall be endorsed "None of Record"; 3. The exception for taxes shall be limited to the year of closing and shall be endorsed "Not Yet Due and Payable", and 4. The exception as to liens encumbering the Property shall be endorsed "None of Record". C. Deliver to Purchaser possession of the Property on the day of closing. 2. Pur.haa- 's Requirements. Purchaser shall pay the consideration as referenced in the "Purchase Price" section of this contract at Closing in immediately available funds. 3. Closing rns s Seller shall pay all taxes assessed by any tax collection authority through the date of Closing. AEE008FE PAGE 4 All other costs and expenses of closing in consummating the sale and purchase of the Property not specifically allocated herein shall be paid by Purchaser and Seller. * iVe440WK*1"1 ff 90R1 Any real estate commissions occasioned by the consummation of this Agreement shall be the sole responsibility of Seller, and Seller agrees to indemnify and hold harmless Purchaser from any and all claims for these commissions. BREACH BY SELLER In the event Seller shall fail to fully and timely perform any of its obligations hereunder or shall fail to consummate the sale of the Property except Purchaser's default, Purchaser may either enforce specific performance of this Agreement or terminate this Agreement by written notice delivered to seller. BREACH BY PURCHASER In the event Purchaser should fail to consummate the purchase of the Property, the conditions to Purchaser's obligations set forth in PURCHASER'S OBLIGATIONS having been satisfied and Purchaser being in default Seller may either enforce specific performance of this Agreement, or terminate this Agreement by written notice delivered to purchaser. MISCELLANEOUS 1. Assignment of Agreement. This Agreement may not be assigned by Purchaser without the express written consent of Seller. 2. Survival of Covenants. Any of the representations, warranties, covenants, and agreements of the parties, as well as any rights and benefits of the parties, pertaining to a period of time following the closing of the transactions contemplated hereby shall survive the closing and shall not be merged therein. 3. Notice. Any notice required or permitted to be delivered hereunder shall be deemed received when sent by United States mail, postage prepaid, certified mail, return receipt requested, addressed to Seller or Purchaser, as the case may be, at the address set forth beneath the signature of the party. AEEOO8FE PAGE 5 Q. Texas Law to apply. This Agreement shall be construed under and in accordance with the laws of the State of Texas, and all obligations of the parties created hereunder are performable in Denton County, Texas. 5. Parties Bound. This Agreement shall be binding upon and inure to the benefit of the parties and their respective heirs, executors, administrators, legal representatives, successors and assigns where permitted by this Agreement. 6. Legal Cons trurt-L on. In case any one or more of the provisions contained in this Agreement shall for any reason be held to be invalid, illegal, or unenforceable in any respect, said invalidity, illegality, or unenforceability shall not affect any other provision hereof, and this Agreement shall be construed as if the invalid, illegal, or unenforceable provision had never been contained herein. 7. Prinr AQr mPPP upprseded. This Agreement constitutes the sole and only agreement of the parties and supersedes any prior understandings or written or oral agreements between the parties respecting the within subject matter. 8. Time of Essence. Time is of the essence in this Agreement 9. Gander. Words of any gender used in this Agreement shall be held and construed to include any other gender, and words in the singular number shall be held to include the plural, and vice versa, unless the context requires otherwise. 10. Memorandum of Contract. Upon request of either party, both parties shall promptly execute a memorandum of this Agreement suitable for filing of record. 11. compliance. In accordance with the requirements of the Texas Real Estate License Act, Purchaser is hereby advised that it should be furnished with or obtain a policy of title insurance or Purchaser should have the abstract covering the Property examined by an attorney of Purchaser's own selection. 12. Time Limit. In the event a fully executed copy of this Agreement has not been returned to Purchaser within ten (10) days after Purchaser executes this Agreement and delivers same to Seller, Purchaser shall have the right to terminate this Agreement upon written notice to Seller. AEE008F$ PAGE 6 SELLER aig nson Terri 0, }� STATE OF TEXAS COUNTY OF DENTON DATED this day of T, 1998. PURCHASER THE CITY OF DENTON, TEXAS BY* ec Benavides City Manager 215 E. McKinney Denton, Texas 76201 Thi in trument is acknowledged before me, on this day of 1998 by Ted Benavides, City Manager, of the Cite of nton, a municipal corporation, known to me to be the person and officer whose name is subscribed to the foregoing instrument and acknowledged to me that the same was the act of the said City of Denton, Texas, a municipal corporation, that he was duly authorized to perform the same by appropriate ordinance of the City Council of the City of Denton and that he executed the same as the act of the said City for purposes and consideration therein expressed, and in the capacity therein stated. E JENNIFERK WALTERS Notary Public State of Texas My Commission Expires 12 19 98 STATE OF TEXAS COUNTY OF DENTON This in trument is ILkL'( , 1998 by PAUL H WIWM�i O NOSIRY PUSLIO SLOE OF IENAe My Canmiaaion Ewplree len E21� edged otary Public in and for the State of Texas fore me, on this day of 1/ Notary Public in and for the State of Texas AEE008FE PAGE 7 County 12M;M Highway UA 77 Project Limits: From I.H. 38 To U.S.380 CSJ: 0196,02 Account: EXHIBIT 'A' FIELD NOTES FOR PARCEL 12 Pape 1 of 1 Rev. October 27, 1884 BEING A PARCEL OF LAND ED IN ACT CONVEYED TO KENNETH L DAVIDSON AND WIFE, HELEN L. DAVIDSON, RECORDED INTVOLUME 58�4, PAGE 328 DEED RECORDS OF DENTON COUNTY, TEXAS DENDTON�AND BEINGCOUNTY, TSEXITUATED AS, AND BEING MORE PARTICULARLY DESCRIBEDTAS CITY OFDENTON, FOLLOWS. comer of same being the COMMENCING comer at a 0.620-acresnch iron treat of end conveyed to RUB Sebri, recordedecin Voi Volume Page 848, DRDCT; THENCE S 350 38' 17' W, along a line common to said Davidson tract and said Sebri treat, a distance oft 56.82 feet to a get 5/8-inch Iron rod with an aluminum cap being the POINT OF BEGINNING and being a point on the new north right of way line of U.S. 77; �w na, passing at 27-51 feet a found im-Inch (1) din all distanceiof By1V611 feat to a point forong sold common ithe southeast comer of said Davidson tract, iron southwest comer of said Sabri tract, and being a point on the existing north right of way Tine of U.S. 7; _ 121 fight ofEwaV line oflU U.S. 77, adistance along ling e of 130.31 fast to a point beln0 the southwest comer of said Davidson Sasso, and the dad In southeast o 2248, Page 00 e a6ORDCT;moo of land conveyed to Mane Elizabeth Sass dson tract and said Sasso tract, l31 passing atV34.00 feet,8a 1/2along a nch Irannrod� n all a distance ofmmon to said i59.78 feet to 8 $at 6/8 inch iron rod with an aluminum cap and said point being on the new north right of way One of U.S 77, ht of way e of U.S. 77, a distance of 130.34 l41 TMo the POINT OF BEGINNING, and contaningg0.181 sere, ror7 8S8 square feat of land, mo e or less, of which 4,407 square feet reside in a prescriptive right of way for U.S. 77. John F. Wilder, R.P.L S. Texas No. 4285 Date u2M3AE