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HomeMy WebLinkAbout1998-298\\CH IAI\VOIIWudWW�4AL\purpooumm�AOAlnanca\9e\Nnary Ommmg tlo� ORDINANCE NO -a 9g AN ORDINANCE APPROVING A REAL ESTATE CONTRACT BETWEEN THE CITY OF DENTON AND EMORY D GROENING, RELATING TO THE PURCHASE OF 0 075 ACRES OF LAND FOR THE EXPANSION OF U S HIGHWAY 77, AUTHORIZING THE EXPENDITURE OF FUNDS THEREFORE, AND PROVIDING AN EFFECTIVE DATE THE COUNCIL OF THE CITY OF DENTON, TEXAS HEREBY ORDAINS SSECTION I That the City Manager is hereby authorized to execute a Real Estate Contract between the City and Emory D Groenmg, in substantially the form of the Real Estate Contract which is attached to and made a part of this ordinance for all purposes, for the purchase of 0 075 acres of land for the expansion of U S Highway 77 SECTION II That the City Manager is authorized to make the expenditures as set forth in the attached Real Estate Contract SECTION III That this ordinance shall become effective immediately upon its passage and approval th PASSED AND APPROVED this the /5-- day of dwzaza , 1998 ATTEST JENNIFER WALTERS, CITY SECRETARY BY 31AM—A APP VED AS TO LEGAL FORM HERBERT L PROUTY, CITY ATTORNEY BY�a9J REAL ESTATE CONTRACT STATE OF TEXAS COUNTY OF DENTON THIS CONTRACT OF SALE is made by and between Emory D. Groening (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 Purchase Price. The purchase price for the Property shall be the sum of $3804.00. 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. AEE008FE PAGE _ 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 objection 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 adjacent 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 (10) 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. AEE006FE PAGE _ 3. Seller's Compliance. Seller shall have performed, ob- served, 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 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 September 30, 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"). AEE008FE PAGE 1 AEE008FE CLOSING REQUIREMENTS Seller's Requirements. At the closing Seller shall. A. Deliver to State of Texas, acting by and through the Texas Transportation Commission, a duly executed and acknowledged Deed in the form as attached hereto as Exhibit "B" 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. General real estate taxes for the year of closing and subsequent years not yet due and payable, 2. Any exceptions approved by Purchaser pursuant to Purchaser's Obligations 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 sub]ect only to those title exceptions listed in Closing Requirements 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 Purchaser, 2. The exception covenants shall be Record"; PAGE _ as to restrictive endorsed "None of 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 Purchaser'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 Costs. Seller shall pay all taxes assessed by any tax collection authority through the date of Closing. 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. REAL ESTATE COMMISSION 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 AEE008FE PAGE _ 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, war- ranties, 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. 4. 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 Construction. In case any one or more of the pro- visions 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. Prior Agreements Superseded. 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. AEE008FE PAGE - 9. Gender. 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. DATED this day of l , 1998. SELLER AEE008FE PAGE _ PURCHASER THE CITY OF DENTON, m Mike Jez City MdZager 215 E. McKinney Denton, Texas 76201 STATE OF TEXAS COUNTY OF DENTON This st um it is acknowledged befcemJ on this day of , 1998 by enac desF City Manager, of the City of Denton, 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 � the capacity therein stated. I /1 ;a'"° ANN FORSYTHE �ct Notar Public in an for NoteryPubpc SteteotTexae the State of Texas ,, a MyCanmle�on Expires �';eo��f*' MAY9,2002 STATE OF TEXAS COUNTY OF DENTON This instrument is acknowledged before me, on this l day of A. 1998 by Emory D. Groening. , Notary Publgcc n and for �Jmi the State of Texas AEE008FE PAGE EXHIBIT "A" County Denton Highway U.S. 77 Project Limits From To CSJ 0195-02 Account. FIELD NOTES FOR PARCEL 21 Page 1 of 1 Rev August 24, 1994 BEING A PARCEL OF LAND SITUATED IN A CALLED 0 220-ACRE TRACT OF LAND AS CONVEYED TO EMORY D GROENING, RECORDED IN VOLUME 898, PAGE 793, DEED RECORDS OF DENTON COUNTY, TEXAS (DRDCT), BEING SITUATED IN THE N.H MEISENHEIMER SURVEY, ABSTRACT NO 810, CITY OF DENTON, DENTON COUNTY, TEXAS, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS COMMENCING at a found 1/2-Inch iron rod for the northwest corner of said Groaning tract and the northeast corner of a called 0.228-acre tract of land conveyed to Albert B Grubbs, Sr and wife, Margaret V Grubbs, recorded in Volume 842, Page 977, DRDCT; THENCE S 310 44' 25" W, along a line common to said Groaning and said Grubbs tracts, a distance of 108 55 feet to a set 5/8-inch iron rod with an aluminum cap, being the POINT OF BEGINNING, also being a point on the new north right of way line of U S 77, (1) THENCE S 580 11' 36" E, along the new north right of way line of U S 77, a distance of 93.41 feet to a set 5/8-inch Iron rod with an aluminum cap on the east line of said Groaning tract and being on the west line of a 0.618-acre tract of land as conveyed to Charles R Jackson, recorded in Volume 1556, Page 214, DRDCT, (2) THENCE S O10 22' 39" E, with the line common to said Groaning tract and said Jackson tract, a distance of 37.69 feet to a found 1/2-inch von rod being the southeast corner of said Groaning tract, being the southwest corner of said Jackson tract, and said point being on the existing north right of way line of U S 77; (3) THENCE N 580 03' 18" W, with the line common to said Groaning tract and existing north right of way line of U.S 77, a distance of 114 00 feet to a found 1/2-inch von rod being the southwest corner of said Groaning tract, and being the southeast corner of said Grubbs tract, (4) THENCE N 310 44' 25" E, with the line common to said Groaning tract and said Grubbs tract, a distance of 31.27 feet to the POINT OF BEGINNING, and containing 0 076 acre, or 3,255 square feet of land, more or less John F Wilder, R.P.L S Texas No 4285 ............. 4285 .Qs /Z ,1'- C Date DII47EAEV Texas Depsmnent of Transpommon EXHIBIT "B" Doan D-15114 Page 1 of 3 Rev 9/91 THE STATE OF TEXAS COUNTY OF That, 11J_D WO) KNOW ALL MEN BY THESE PRESENTS: of the County of , State of Texas, hereinafter referred to as Grantors, whether one or more, for and in consideration of the sum of Dollars ($ ) to Grantors in hand paid by the State of Texas, acting by and through the Texas Transportation Commission, receipt of which is hereby aclmowledged, and for which no lien is retained, either expressed or implied, have this day Sold and by these presents do Gram, Bargain, Sell and Convey unto the State of Texas all that certam tract or parcel of land in County, Texas, more particularly described in Ex- hibit "A," which is attached hereto and incorporated herem for any and all purposes SAVE and EXCEPT, HOWEVER, it is expressly understood and agreed that Grantors are retaining title to the following improvements located on the property described in said Exhibit "A," to wit Grantors covenant and agree to remove the above -described mrprovements from said land by the day of , 19 , subject, however, to such extensions of tune as may be granted by the State in writing, and if, for any reason, Grantors fail or refuse to remove same within said period of tune prescribed, then, without any further consideration, the tide to all or any part of such improvements not so removed shall pass to and vest in the State of Texas forever Grantors reserve all of the oil, gas and sulphur in and under the land herem conveyed but waive all rights of ingress and egress to the surface thereof for the purpose of exploring, developing, mining or drilling for same, however, nothing in this reservation shall affct the title and rights of the State to take and use all other minerals and materials thereon, therein and thereunder Taxes Department of Transportation Form D-15.14 Page 2 of 3 Rev 9/91 TO HAVE AND TO HOLD the premises herein described and herein conveyed together with all and singular the rights and appurtenances thereto in any wise belonging unto the State of Texas and its assigns forever, and Grantors do hereby bind ourselves, our heirs, executors, administrators, successors and as- signs to Warrant and Forever Defend all and singular the said premises herein conveyed unto the State of Texas and its assigns against every person whomsoever lawfully claiming or to claim the same or any part thereof IN WITNESS WHEREOF, this instrument is executed on this the ,19 ACKNOWLEDGMENT THE STATE OF TEXAS, } COUNTY OF } day of BEFORE ME, the undersigned, a Notary Public, on this day personally appeared , known to me (or proved to me on the oath of a credible witness,) to be the person(s) whose names) is (ate) subscribed to the foregoing instrument and adJmowiedged tome that be/she/they executed the same for the purposes and consideration therein expressed GIVEN UNDER MY HAND AND SEAL OF OFFICE, this day of Notary Public, State of Texas My Commission expaes on the day of , 19_ #################################################################################### THE STATE OF TEXAS, COUNTY OF CORPORATE I I ACKNOWLEDGMENT BEFORE ME, the undersigned, a Notary Public, on this day personally appeared Of , known to me to be the person and officer whose time is subscribed to the foregoing instrument and acknowledged to me that the same was the act of the said , a corporation, that he/she was duly authorized to perform the same by appropriate resolution of the board of directors of such corporation and that he/she executed the same as the ad of such corporation for the purposes and consideration thereto expressed, and in the capacity therein stated GIVEN UNDER MY HAND AND SEAL OF OFFICE, this day of , 19_ Notary Public, State of Texas My Commission expires on the _ day of 19_ Texas Deputment of Ttaneportadon Pam D-15-14 Page 3 of 3 Rev 9/91 After recording please return this instrument to: I o .e c o r93 z H A �,t oc iz ° o E+ s I I I IU01�� CERTIFICATE OF RECORDING THE STATE OF TEXAS, COUNTY OF 13