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HomeMy WebLinkAbout23-747FILE REFERENCE FORM X Additional File Exists Additional File Contains Records Not Public, According to the Public Records Act Other FILE(S) Date Initials f 'tbf-4~ ("-17·L l [L ORDINANCE NO. 23-7 4 7 AN ORDINANCE OF THE CITY OF DENTON PROVIDING FOR THE ABANDONMENT, RELEASE, AND QUITCLAIM OF 1) A PORTION OF AUDRA LANE RIGHT-OF-WAY LOCATED BETWEEN THE EAST LINE OF LOOP 288 AND THE NORTHWEST LINE OF PROMINENCE PARKWAY AND 2) AN ELECTRIC EASEMENT CONVEYED TO TEXAS POWER & LIGHT COMPANY RECORDED IN VOLUME 264 PAGE 149, DEED RECORDS, DENTON COUNTY, TEXAS AND ASSIGNED TO THE CITY OF DENTON IN VOLUME 756 PAGE 669, DEED RECORDS, DENTON COUNTY, TEXAS, ALL LOCATED IN THEW. LLOYD SURVEY, ABSTRACT NO. 774, WITHIN THE CITY AND COUNTY OF DENTON, TEXAS; PROVIDING FOR THE QUITCLAIM THEREOF TO US ALLIANCE PROMINENCE VENTURE, LLC; PROVIDING FOR THE TERMS AND CONDITIONS OF THE ABANDONMENT AND QUITCLAIM HEREIN; PROVIDING FOR THE RESERVATION AND CONVEYANCE OF A NEEDED PUBLIC UTILITY EASEMENT THEREIN TO THE CITY OF DENTON; PROVIDING FOR THE INDEMNIFICATION OF THE CITY OF DENTON AGAINST DAMAGES ARISING OUT OF THE ABANDONMENT HEREIN; PROVIDING FOR BARRICADING; PROVIDING FOR CONSIDERATION TO BE PAID TO THE CITY OF DENTON; PROVIDING FOR SEVERABILITY AND AN EFFECTIVE DATE. WHEREAS, the City of Denton ("City") is the holder of the right-of-way of Audra Lane assumed by the City by annexation ordinance No. 1965-43 and the Electric Easement granted by O.R. Carlton and wife Charlotte Carlton to Texas Power & Light Company, recorded in Volume 264 Page 149, Deed Records, Denton County, Texas, and assigned to City of Denton from Texas Power & Light Company, a Texas corporation, recorded in Volume 756 Page 669, Deed Records, Denton County, Texas; and WHEREAS, JNJ Prominence Square, LP ("JNJ") acquired the parcel adjacent to Audra Lane by Special Warranty Deed filed as Document Number 2009-27978 in the Deed Records of Denton County, Texas; and WHEREAS, JNJ, submitted an Abandorunent application to abandon, release, and quitclaim a section of Audra Lane right-of-way, and an electric easement assigned to the City; and WHEREAS, while the Abandonment application was pending, JNJ subsequently conveyed a portion of the subject property to US Alliance Prominence Venture, LLC ("Owner") County Clerk File Number 2022-29717, Real Property Records, Denton County, Texas; and WHEREAS, US Alliance Prominence Venture, LLC, a Delaware Limited Liability Company, is now the record abutting landowner of the property north of Audra Lane and north of Prominence Parkway ("Landowner"); and WHEREAS, the Landowner has requested the City 1) to abandon, release, and quitclaim the section of Audra Lane located between the east line of Loop 288 and the northwest line of Prominence Parkway, being more specifically depicted in Exhibit "A," attached hereto, being incorporated by reference and made a part hereof (the "Road Abandorunent Tract"), and requested the City 2) to abandon, release, and quitclaim the electric easement conveyed to Texas Power & Light Company recorded in Volume 264 Page 149, Deed Records, Denton County, Texas and assigned to the City of Denton in Volume 756 Page 669, Deed Records, Denton County, Texas, (the "Electric Easement"); and WHEREAS, Section 272.001 (b)(2) of the Texas Local Goverrunent Code provides an applicable exception to the notice and bidding requirements where land and interests to be abandoned are designated as street right-of-way or used by easement, fair market value has been determined, and the exchange transaction is with an adjacent landowner; and WHEREAS, Section 272.001 also provides that the land and those interests may be conveyed, sold, or exchanged for less than the fair market value if exchanged with an abutting property owner who owns the underlying fee simple; and WHEREAS, an independent appraisal of the Road Abandonment Tract and Electric Easement was provided by the Landowner listing the fair market value at Fifty-Nine Thousand Nine Hundred Eighty-Three and 00/100 Dollars ($59,983.00); and WHEREAS, Henry Rife, as predecessor in interest, conveyed to the City 3. 794 acres of land by a Street Right-of-Way Deed for Prominence Parkway, as reflected in Document Number 2004-41072 in the Deed Records of Denton County, Texas; and WHEREAS, Prominence Parkway is currently serving the public interest and the City has received all application fees associated with the requested abandonment, City staff recommends that Landowner be allowed to utilize and receive credit for the previous Abandonment application submitted by JNJ and for the previous dedication of Prominence Parkway by Henry Rife as consideration for this transaction; and WHEREAS, the City Engineer, Public Works, and Denton Municipal Electric staff have confirmed that the property has been developed in such a manner that the Road Abandonment Tract and Electric Easement are no longer necessary to address previous road infrastructure and electrical improvements concerns on the property or for any current or future public road or electric project; and WHEREAS, the City Council of the City of Denton, acting pursuant to law and upon the request and petition of US Alliance Prominence Venture, LLC, is of the opinion that the best interest and welfare of the City will be served by the abandonment, release and quitclaim of the City ofDenton's right, title and interest in and to the subject Road Abandonment Tract and Electric Easement area to US Alliance Prominence Venture, LLC, and is of the opinion that, subject to the terms and conditions hereinafter provided, the Road Abandonment Tract and Electric Easement areas are no longer needed for municipal use or public access, and same should be abandoned relinquished and quitclaimed to the Owner as hereinafter provided, for consideration hereinafter stated; NOW, THEREFORE, THE COUNCIL OF THE CITY OF DENTON ORDAINS: SECTION 1. The recitations and finding set forth above are incorporated herein by reference. SECTION 2. The following real property interests held by the City of Denton are partially abandoned, released, and quitclaimed: a) The section of Audra Lane right-of-way assumed by the City by annexation ordinance No. 1965- 43, between the east line of Loop 288 and the northwest line of Prominence Parkway being more specifically described in Exhibit "A," attached hereto and made a part hereof; and b) Electric Easement granted by O.R. Carlton and wife Charlotte Carlton to Texas Power & Light Company, recorded in Volume 264 Page 149, Deed Records, Denton County, Texas, and assigned to City of Denton from Texas Power & Light Company, a Texas corporation, recorded in Volume 756 Page 669, Deed Records, Denton County, Texas, c) The City hereby retains a Public Utility Easement over the same Audra Lane right-of-way as depicted by Exhibit B and further described in Section 6 of this ordinance. SECTION 3. That for and in monetary consideration of the sum of Six Thousand Five Hundred Seventy-Two Dollars and 00/100 Dollars ($6,572.00) paid by US Alliance Prominence Venture, LLC, and the further consideration described in Sections 6, 7, 8, 9 and 10, the City of Denton does by these presents release, abandon and quitclaim unto the said GRANTEE. SECTION 4. That the abandonment, release and quitclaim provided for herein are made subject to all present zoning and deed restrictions, if the latter exist, and are subject to all existing easement rights of others, if any, whether apparent or non-apparent, aerial, surface, underground, or otherwise. SECTION 5. That the terms and conditions contained in this ordinance shall be binding upon the Landowner, its heirs, successors and assigns. SECTION 6. That as a condition of this abandonment and as a part of the consideration for the quitclaim made herein, US Alliance Venture, LLC shall convey a Public Utility Easement to the City of Denton, within 30 days of the effective date of this ordinance for the area over Audra Lane right-of-way provided in the form instrument more particularly described in Exhibit "C" attached hereto and made a part hereof for all purposes. SECTION 7. That as a condition of this abandonment and as a part of the consideration for the release made herein, US Alliance Venture, LLC shall, immediately following the effectiveness of this ordinance, close, barricade and/or place signs in the area described in Exhibit A in accordance with detailed plans approved by the Director of Department of Development Services US Alliance Venture, LLC responsibility for keeping the area described in Exhibit A closed, barricaded and/or the signs in place shall continue until the street improvements and intersection returns are removed by US Alliance Venture, LLC, its heirs, successors and assigns, to the satisfaction of the Director of Department of Development Services. SECTION 8. THAT AS A CONDITION OF THIS ABANDONMENT AND AS A PART OF THE CONSIDERATION FOR THE QUITCLAIM TO THE US ALLIANCE VENTURE, LLC, ITS HEIRS, SUCCESSORS AND ASSIGNS, AGREE TO INDEMNIFY, DEFEND, RELEASE AND HOLD HARMLESS THE CITY OF DENTON TO ANY AND ALL CLAIMS FOR DAMAGES, FINES, PENALTIES, COSTS OR EXPENSES TO PERSONS OR PROPERTY THAT MAY ARISE OUT OF, OR BE OCCASIONED BY OR FROM: (I) THE USE AND OCCUPANCY OF THE AREA DESCRIBED IN EXHIBIT A BY THE USALLIANCEVENTURE, LLC, ITS HEIRS, SUCCESSORS AND ASSIGNS; (II) THE PRESENCE, GENERATION, SPILLAGE, DISCHARGE, RELEASE, TREATMENT OR DISPOSITION OF ANY HAZARDOUS SUBSTANCE ON OR AFFECTING THE AREA SET OUT IN EXHIBIT A; (Ill) ALL CORRECTIVE ACTIONS CONCERNING ANY DISCOVERED HAZARDOUS SUBSTANCES ON OR AFFECTING THE AREA DESCRIBED IN EXHIBIT A, WHICH THE OWNER, ITS HEIRS, SUCCESSORS AND ASSIGNS, AGREE TO UNDERTAKE AND COMPLETE IN ACCORDANCE WITH APPLICABLE FEDERAL, STATE AND LOCAL LAWS AND REGULATIONS; AND (IV) THE ABANDONMENT, CLOSING, VACATION AND RELEASE BY THE CITY OF DENTON OF THE AREA SET OUT IN EXHIBIT A. THE US ALLIANCE VENTURE, LLC, ITS HEIRS, SUCCESSORS AND ASSIGNS, HEREBY AGREE TO DEFEND ANY AND ALL SUITS, CLAIMS, OR CAUSES OF ACTION BROUGHT AGAINST THE CITY OF DENTON ON ACCOUNT OF SAME, AND DISCHARGE ANY JUDGMENT OR JUDGMENTS THAT MAY BE RENDERED AGAINST THE CITY OF DENTON IN CONNECTION THEREWITH. FOR PURPOSES HEREOF, "HAZARDOUS SUBSTANCE" MEANS THE FOLLOWING: (A) ANY "HAZARDOUS SUBSTANCES" UNDER THE COMPREHENSIVE ENVIRONMENTAL RESPONSE, COMPENSATION, AND LIABILITY ACT, 42 U.S.C. SECTION 9601 ET SEQ., AS AMENDED; (B) ANY "HAZARDOUS SUBSTANCE" UNDER THE TEXAS HAZARDOUS SUBSTANCES SPILL PREVENTION AND CONTROL ACT, TEX. WATER CODE, SECTION 26.261 ET SEQ., AS AMENDED; (q PETROLEUM OR PETROLEUM-BASED PRODUCTS (OR ANY DERIVATIVE OR HAZARDOUS CONSTITUENTS THEREOF OR ADDITIVES THERETO), INCLUDING WITHOUT LIMITATION, FUEL AND LUBRICATING OILS; (D) ANY "HAZARDOUS CHEMICALS" OR "TOXIC CHEMICALS" UNDER THE OCCUPATIONAL SAFETY AND HEALTH ACT, 29 U.S.C. SECTION 651 ET SEQ., AS AMENDED; (E) ANY "HAZARDOUS WASTE" UNDER THE RESOURCE CONSERVATION AND RECOVERY ACT, 42 U.S.C. SECTION 6901 ET SEQ., AS AMENDED; AND (F) ANY "CHEMICAL SUBSTANCE" UNDER THE TOXIC SUBSTANCE CONTROL ACT, 15 U.S.C. SECTION 2601 ET SEQ., AS AMENDED. REFERENCES TO PARTICULAR ACTS OR CODIFICATIONS IN THIS DEFINITION INCLUDE ALL PAST AND FUTURE AMENDMENTS THERETO, AS WELL AS APPLICABLE RULES AND REGULATIONS AS NOW OR HEREAFTER PROMULGATED THEREUNDER. SECTION 9. The City Manager, or designee, is authorized to execute a quitclaim deed document evidencing the abandonment of the Road Abandonment Tract and Electric Easement, suitable for recordation in the Real Property Records of Denton County, Texas. SECTION 10. Notwithstanding anything to the contrary contained in this ordinance, the City of Denton retains and reserves a Public Utility Easement, any and all easements, rights of way, and any other rights or interests, other than the areas being abandoned, released and vacated in Section 2 above, whether acquired, obtained, owned, or claimed by the City of Denton or public, by, through, or under conveyance, dedication by plat, or other express dedication, implied dedication, prescription, or by any other manner or means, in or to lands in which the subject right-of-way or easement may cover, encumber, include, cross, or overlap. SECTION 11. The provisions of this ordinance are severable, and the invalidity of any phrase, clause, or part of this ordinance shall not affect the validity or effectiveness of the remainder of the ordinance. SECTION 12. This ordinance shall become effective immediately upon its passage and approval. [Rest of page intentionally left blank. Signatures to appear on the following page} The motion tp approve this ordinance was made by Lk f', s ~?--+t 5 and seconded by G e r(,..r J (-\ ..... ) .5 p:~-l h. , the ordinance was passed and approved by the following vote L1_ -ill: Aye Nay Abstain Mayor Gerard Hudspeth: ✓ Vicki Byrd, District I : Brian Beck, District 2: Paul Meltzer, District 3: Joe Holland, District 4: ii Brandon Chase McGee, At Large Place 5: ,I Chris Watts, At Large Place 6: I I /fl /\/\ PASSED AND APPROVED this the _ _.__~b~_ day of I I (,..y ATTEST: JESUS SALAZAR, INTERIM CITY SECRETARY APPROVED AS TO LEGAL FORM: MACK REINWAND, CITY ATTORNEY ~11!111r ...... llrhnjalN'~ti Dtt-~nt011,-..o,dad,ou,,OepamnentU-. fM~..,...,,..,,1c;o_,,mentou-t.eg.,tcn-oB.,.,jaMa'1 :~~::;9,~~~~~ofd...,ro,,,;om ~- GERARD HUDSPETH, MAYOR Absent , 2023. EXHIBIT A BEING a 0.510 acre tract of land located in the William Lloyd Survey, Abstract No. 74, City of Denton, Denton County, Texas, being part of a called 59.352 acre tract described in Special Warranty Deed with Vender's Lien to JNJ Prominence Square, LP as recorded in Instrument No. 2009-27978, Official Records Denton County Texas (ORDCT) and part of that called 13.812 acre tract described in Special Warranty Deed with Vender's Lien to Ghaghara Investments, LLC. as recorded in Document No. 2016-163375, ORDCT, said 0.510 acre parcel being more particularly described as follows: BEGINNING at a found Texas Department of Transportation Monument on the east right of way line for State Highway Loop 288 (variable width right of way) for the southwesterly comer of said JNJ Prominence Square tract and on the northerly line of said 13 .812 acres, being the beginning of a curve to the left; THENCE northerly with said right of way line and along the arc of said curve to the left, having a central angle of 00°09'21", a radius of5829.74 feet, an arc length of 15.85 feet, and a chord ofNorth 01 °47'01" East, 15.85 feet, to a POINT FOR CORNER; THENCE North 89°40'15" East leaving said right of way line, a distance of 100.00 feet, to a POINT FOR CORNER; THENCE South 00°16'58" East, a distance of 4.86 feet, to a POINT FOR CORNER; THENCE North 89°43'02" East leaving said right of way line, a distance of956.35 feet, to a POINT FOR CORNER; THENCE South 00°19'45" East, a distance of 10.21 feet to a found 5/8-inch iron rod with cap marked "ADAMS SURVEYING COMPANY LLC on the northerly right of way line for Prominence Parkway (73-foot right of way), and being on the arc of a curve; THENCE with a non-tangent curve to the left, having a central angle of 11 °41 '07'', a radius of 482.50 feet, an arc length of98.40 feet, and a chord of South 83°49'41" West, 98.23 feet to a POINT FOR CORNER; THENCE South 89°40'15" West, a distance of999.63 feet to a POINT FOR CORNER on the curving easterly right of way for Loop 288; THENCE with said right of way line and a curve to the left, having a central angle of00°05'57", a radius of5,789.74 feet, an arc length of I 0.02 feet, and a chord of North 03°06' 10" East, I 0.02 feet, to a POINT FOR CORNER; eel POINT OF BEGINNING containing 0.5 l O acre ofland, more eftkJ-~ Paul Hut£rt \ \~\z. (... RPLS No. 1942 Adams Surveying Compan , ASC No. 21024 < I ~ ~ a:, J. a:, 0 ~~ (.:, a. ii: 01,1 O at _J 1( ~~ :::, i" 0 ~ (/) g/ I I I I I I ...... I.' J ;f I e I I £ --1----------1 ""'I Z I ::; I 0 I ~I :::!: I I I l I I I I I I ~ ~ ~_J-'l N 89'40'15" E 233.61' 1f'9~t GI IAGtlARA INVESTM::NTS, LLC NST. NO. 2016-163J7o R.P.~.o.c T. l~F IIJ;:lif ®telji ttm@1:mr1,1~r1xl \ \ .NJ PRClo!INENCF: SOJ,IIK. LP \ INST, NO 2009-2797a R,P,IW,C,I, \ DIIAJ'IDATEO ASPHALT \ -----------------------\ !,,~ L6 GHAGHAAA INVE5r\dENTS, LLC INST. NO. 2016-15337!) i'!.P.R.O.C.T. \ ,IN,I PRO,\,UNC~CC SOUARC, LP lt-,:ST. NO ?009-27978 H l',R.O.:.T. I I I I I I -T -----------1------ u ~ "('t--~ ~,-e.~G ~, • .-f1 O ~\\ ..... Y' ..,.,._,,ore--~,o"f'"I,. ~~ ,S ¢,G"'?,r:P.~,,, (I.A "O· ,..r,'!--· ,~..,,.-Q~-"' 8 LJ I ZI :::i I ii I j : 6 t o· ~o· ·100· --i GRAPHIC SCALE: 1" = 50' illWQ. -1), • LIGHT POlE I • WATER VALVE Ill • SWITCH GEAR ,0. = FlRlo HYDRANT Ill -INlET WITrl MANHOLE ,I, • GUY " • POWER POLE .... " SIGN T • GAS MARKER t • FllER MARKER ■ Adams surveying Company, LLC P'.0.Bkl,JJO)f ll<r20Ki"lr, U ,SOI) !It!: (4H) l' 7•~56 FalC!::U.&):1')5.-IM& 'Wf'..I .... 10,77&» < I - tlli!IUF IIIO EXHIBITB BEING a 0.510 acre tract of land located in the William Lloyd Survey, Abstract No. 74, City of Denton, Denton County, Texas, being part of a called 59.352 acre tract described in Special Warranty Deed with Vender's Lien to JNJ Prominence Square, LP as recorded in Instrument No. 2009-27978, Official Records Denton County Texas (ORDCT) and part of that called 13.812 acre tract described in Special Warranty Deed with Vender's Lien to Ghaghara Investments, LLC. as recorded in Document No. 2016-163375, ORDCT, said 0.510 acre parcel being more particularly descn"bed as follows: BEGINNING at a found Texas Deparbncnt of Transportation Monument on the east right of way line for State Highway Loop 288 (variable width right of way) for the southwesterly comer of said JNJ Prominence Square tract and on the northerly line of said 13.812 acres, being the beginning of a curve to the left; THENCE northerly with said right of way line and along the arc of said curve to the left, having a central angle of 00°09'21", a radius of5829.74 feet, an arc length of1S.85 feet, and a chord of North 01°47'01" East, 15.8S feet, to a POINT FOR CORNER; THENCE North 89°40'15" East leaving said right of way line, a distance of 100.00 feet, to a POINT FOR CORNER; THENCE South 00°16'58" East, a distance of 4.86 feet, to a POINT FOR CORNER; THENCE North 89°43'02" East leaving said right of way line. a distance of 956.35 feet. to a POINT FOR CORNER; THENCE South 00°19'45" East, a distance of 1021 feet to a found 5/8--inch iron rod with cap marked "ADAMS SURVEYING COMPANY LLC on the northerly right of way line for Prominence Parkway (73-foot right of way), and being on the arc of a curve; THENCE with a non-tangent curve to the left, having a central angle of 11°41 '0T', a radius of 482.50 feet, an arc length of98.40 feet, and a chord of South 83°49'41" West, 98.23 feetto a POINT FOR CORNER; THENCE South 89°40'1S" West, a distance of999.63 feet to a POlNT FOR CORNER on the curving easterly right of way for Loop 288; THENCE with said right of way line and a curve to the left, having a central angle of00°05'57", a radius of 5,789.74 feet, an arc length of 10.02 feet, and a chord of North 03°06' IO" East, 10.02 feet, to a POINT FOR CORNER; THENCE North 89°40'15" Eas eet POINT OF BEGINNING containing 0.5 l O acre ofland, more Q~~~ Paul Hubert RPLS No. 1942 Adams Surveying Company, L ASC No. 21024 ~ t: a:) ~ s::-~ co J_ co 0 "" ..'-:x: (.!) a. ir 0 ~ o a:: _J ::, c.. I~ I-g ::, ~ 0~ (/) CD :$ a,: 1 I I I I I l ~ VA 1/i;r:>-e ·< 1:_1 ~ •"'... I /Z~ la! I e --~--------- -I \ii I ::::; I i5 1 I;;: I :::;; I 1 1 I I I I I I I ' ~ N 89.40'15" E 233.61' •n VAULT I CIRF I FIREl.ANE --;-------7TO" BE"l)El!k:A7(1) ffi" GHAGHARA INVESTMENTS. LLC INST. NO 2016-163375 r' R.P.R.D.C T. JNJ PROMINENCE SQUARE. LP INST. NO 2009-2797B R.P.R.O C.T. \ \ \ \ \ \ -~~~~~~~---------------~ .... GHAGHARA INVESTMENTS. LLC INST. NO 2016-163375 R.P.R D C.T. \ \ \ \ ' ' J~J PROMINENCE SQIJARE. LP l~ST NO 2009-27978 R.P R O.C.T --------~----- \ \ \ 1 WI u Z I II ~'t,-~ .._\(..~C,Y.-~ ... {) Q~\\..._v :1.~oV 6.,01'2-~~ (1~ t~i>~o;;. \t-c,"'· o~·v· ,,-< \ 7 ::;I I u ~ :::;; PPOMINENCE SO 8 PHASE UARE wos-a9i'4a R P.R.D.C.T 6 'rt ' o· so· 100· --i GRAPHIC SCALE: 1. = 50' ~ -Q-= LIGHT POLE I -WATER V&VE Ill -SWITCH GEAR -0--FIRE HYDRANT ~ -INLET WITH MANHOLE ,I, -GUY -• POWER POLE = SIGN ' = GAS MARKER t -FIBER MARKER 5 11 Adams Surveying Company, LLC PO ll.l• 833QMI RM;ll1111"11Wfl. TX 7~:>!IJ ,h, (469) Jt7-tl250 F:iw:{214)ffl-9544 l9P[LS W. IOI~ ~ E--t -a:) ~ i:.a - ISSI£ c.-::rs Denton County Juli Luke County Clerk Instrument Number: 117179 ERecordings-RP EASEMENT Recorded On: October 31, 2023 02:39 PM Number of Pages: 7 '" Examined and Charged as Follows: '" Total Recording: $50.00 'lrlr'lrlr'lrlr'lrlr'lrlr* THIS PAGE IS PART OF THE INSTRUMENT--**** Any provision herein which restricts the Sale, Rental or use of the described REAL PROPERTY because of color or race is invalid and unenforceable under federal law. File Information: Record and Return To: Document Number: 117179 Receipt Number: 20231031000395 Recorded Date/Time: October 31, 2023 02:39 PM User: Station: Calinda B Station 20 STATE OF TEXAS COUNTY OF DENTON Simplifile I hereby certify that this Instrument was FILED In the File Number sequence on the date/time printed hereon, and was duly RECORDED in the Official Records of Denton County, Texas. Juli Luke County Clerk Denton County, TX NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING INFORMATION FROM ANY INSTRUMENT THAT TRANSFERS AN INTEREST IN REAL PROPERTY BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: [YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER.] THE STATE OF TEXAS COUNTY OF DENTON PUBLIC UTILITY EASEMENT § § § KNOW ALL MEN BY THESE PRESENTS: THAT US Alliance Prominence Venture, LLC., a Delaware Limited Liability Company and Ghaghara Investments, LLC., a Texas limited liability company (Grantors) in consideration of the sum of ONE DOLLAR and NO CENTS ($1.00) and other good and valuable consideration in hand paid by the City of Denton, Texas, (Grantee), receipt of which is hereby acknowledged, does by these presents grant, give and convey unto the City of Denton, Texas, the free and uninterrupted use, liberty and privilege of the passage in, along, upon and across the following described property, owned by Grantors and situated in Denton County, Texas, in the W. Lloyd Survey, Abstract No. 74. PROPERTY AREA DESCRIBED IN EXHIBITS "A" AND ILLUSTRATED IN EXHIBITS "B" ALL ATTACHED HERETO AND MADE A PART HEREOF And it is further agreed that the City of Denton, Texas in consideration of the benefits above set out, will remove from the property above descnbed, such fences, buildings and other obstructions as may now be found upon said property. For the purpose of constructing, reconstructing, installing, repairing, and perpetually maintaining public utilities in, along, upon and across said premises, with the right and privilege at all times of the Grantee 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, improvements on and repairs to the said public facilities or any part thereof. TO HA VE AND TO HOLD unto the said City of Denton, Texas as aforesaid for the purposes aforesaid the premises above described. Witness its hand, this '2Q +i. US Alliance Prominence Venture, LLC, a Delaware limited liability company By: IX:)&1)9 Print Name: David Oierk..cz;s Title: Mctmk,fi!r THE STATE OF Te.,<,.S.S COUNTY OF !)alias ACKNOWLEDGMENT § § Before me, the undersigned authority, on this day personally appeared 'David 'Pi er-k<'o Me.m b£r: of us Alliance Prominence Venture, LLC, a Delaware limited liability company known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he/she executed the same for the purposes and consideration therein expressed, in the capacity therein state and as the act and deed of said US Alliance Prominence Venture, LLC, a Delaware limited liability company. Given under my hand and seal of office on this '2()#1 day of '.Bept't CY Debra Kent Gomez My Commission Expires S/3/2027 Notary 1012606-4382 ~- ,20£3. e Prominence Venture, LLC, a Delawar Witness its hand, this day of , 20 ___ . ------------- Ghaghara Investments, LLC., a Texas limited liability company Print Name: ~ 1 4.p B H; N I f2-E?"Df / Title : 1>t2~t_b-:t;;; Nt ACKNOWLEDGMENT ---1'HE STATE OF I e xAS COUN'ri OF C' G 6-b--1 f's± § § re me, the undersigned authority, on this day personally appeared ________ _ Prominen • 'ted liability com ill..Ile-tlfte"I>e se name is subscribe IB!.L~dT57 ecuted the same for the purp ~~~~ erein state and as the act and deed of said ce..Jl.fcm"Iiih, ed liability company. Notary Public in and for __________ County,---~ ACKNOWLEDGMENT THE STATE OF T"FK.-A S § ------- COUNTY OF CC:U....,,l N § Before me, the undersigned authority, on this day personally appeared 1Pf2A. 1 Af? ~-1.lt N t t2 e DD)I , J?J2:l?"S ZD ~I ofGhagharalnvestments, LLC., a Texas liirited liability company known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he/she executed the same for the purposes and consideration therein expressed, in the capacity therein state and as the act and deed of said Ghaghara Investments, LLC., a Texas limited liability company. Given under my hand and seal of office on this 3 0 +-t--day of __ A-----"-'l ..... J_G_U=--"-S>T_.__ __ , 20 0. EDNA JOY POLYDORE Notary ID #114 71463 My Commission Expires February 1, 2026 Accepted this _9 Df4.lday of A UG US -r (Resohition No. 91 073): BY: ~ P"'""+"..p 1-\\tv, RE O O '( AFTER RECORDING RETURN TO: Development Services -Real Estate Division 401 N. Elm Street Denton, Texas 76201 Attention: Mark Laird Denton County Juli Luke County Clerk Instrument Number: 118323 ERecordings-RP QUIT CLAIM DEED Recorded On: November 02, 2023 02:27 PM Number of Pages: 19 " Examined and Charged as Follows: " Total Recording: $98.00 '"''"''"'**'"'* THIS PAGE IS PART OF THE INSTRUMENT****'"'**'"'* Any provision herein which restricts the Sale, Rental or use of the described REAL PROPERTY because of color or race is invalid and unenforceable under federal law. File Information: Record and Return To: Document Number: 118323 20231102000363 Simplifile Receipt Number: Recorded Date/Time: November 02, 2023 02:27 PM User: Station: Kraig T Station 21 STATE OF TEXAS COUNTY OF DENTON I hereby certify that this Instrument was FILED In the File Number sequence on the date/time printed hereon, and was duly RECORDED in the Official Records of Denton County, Texas. Juli Luke County Clerk Denton County, TX NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING INFORMATION FROM ANY INSTRUMENT THAT TRANSFERS AN INTEREST IN REAL PROPERTY BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER. QUITCLAIM DEED THE STATE OF TEXAS § § KNOW ALL BY THESE PRESENTS: COUNTY OF DENTON § That the City of Denton, a municipal corporation, of the County of Denton, State of Texas, for and in consideration of the sum of TEN AND NO/100 ($10.00) DOLLARS, the receipt of which is hereby acknowledged, and other good and valuable consideration has QUITCLAIMED and by these presents does QUITCLAIM, subject to the terms and conditions set forth in Ordinance No. 2023-747, unto, US Alliance Prominence Venture, LLC., a Delaware Limited Liability Company and Ghaghara Investments, LLC., a Texas limited liability company, GRANTEE's herein, all its right, title and interest in and to the following described real property situated in Denton County, Texas, to wit: All that certain tract being more particularly described in EXHIBIT A, attached hereto. This QUITCLAIM is subject to the terms and conditions of Ordinance No. 2023-747, passed by the City Council on May 161\ 2023, attached hereto and made a part hereof as Exhibit B. TO HA VE AND TO HOLD all of its right, title and interest in and to the above described property and premises, subject to the aforesaid, unto the said GRANTEE's, its successors or assigns forever, so that neither the City of Denton nor its legal representatives, successors and assigns shall have, claim or demand any right or title to the aforesaid property, premises or appurtenances or any part thereof. EXECUTED this --'-/_JJ-__ day of /J/"Oy;h}~/'Z , 2023. ATTEST: CITY OF DENTON -~SECRETARY ~~ APPROVED AS TO LEGAL FORM: MACK REINWAND, CITY ATTORNEY BY: {Z_ THE STATE OF TEXAS § COUNTY OF DENTON § BEFORE ME, the undersigned authority, a Notary Public in and for said County and State, on this day personally appeared Sara Hensley, City Manager of the City of Denton, known to me to be the person and officer whose name is subscribed to the foregoing instrument, and acknowledged to me execution of the same for the purposes and consideration therein expressed, in the capacity therein stated, and as the act and deed of said City of Denton. GIVEN UNDER MY HAND AND SEAL OF OFFICE, this J!_ day of °NOJ.QN\~ ( , 2023. -.,f:~ KARISA LEIGH RICHARDS (.:~M My No .. .., ID# 131828.,...1 .~.JI{ .. .,, -, , ~ ~,:t:.:.•~••• c-,-ftA--ber 1 .. , -t,r;r.,,•-'-"I"'"° ~II • ,v,v AFTER RECORDING RETURN TO: Development Services -Real Estate Division 401 N. Elm Street Denton, Texas 76201 Attention: Mark Laird rru~b@wlJS Notary Public in and for the State of Texas My Commission Expires: la l tY l ~ EXHIBITC NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING INFORMATION FROM ANY INSTRUMENT THAT TRANSFERS AN INTEREST IN REAL PROPERTY BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: [YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER.] THE STATE OF TEXAS COUNTY OF DENTON PUBLIC UTILITY EASEMENT § § § KNOW ALL MEN BY THESE PRESENTS: THAT US Alliance Prominence Venture, LLC, a Delaware Limited Liability Company (Grantor) in consideration of the sum of ONE DOLLAR and NO CENTS($ 1.00) and other good and valuable consideration in hand paid by the City of Denton, Texas, (Grantee), receipt of which is hereby acknowledged, does by these presents grant, give and convey unto the City of Denton, Texas, the free and uninterrupted use, liberty and privilege of the passage in, along, upon and across the following described property, owned by Grantor and situated in Denton County, Texas, in the W. Lloyd Survey, Abstract No. 74. PROPERTY AREA DESCRIBED IN EXHIBITS "A" AND ILLUSTRATED IN EXHIBITS "B" ALL ATTACHED HERETO AND MADE A PART HEREOF And it is further agreed 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 said property. For the purpose of constructing, reconstructing, installing, repamng, and perpetually maintaining public utilities in, along, upon and across said premises, with the right and privilege at all times of the Grantee 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, improvements on and repairs to the said public facilities or any part thereof. TO HA VE AND TO HOLD unto the said City of Denton, Texas as aforesaid for the purposes aforesaid the premises above described. Witness its hand, this ________ day of ______ , 20 __ . US Alliance Prominence Venture, LLC, a Delaware Limited Liability Company By: __________________ _ Print Name: Title: ------------------ ACKNOWLEDGMENT THE STATE OF TEXAS § COUNTY OF _______ § Before me, the undersigned authority, on this day personally appeared _________ _ of US Alliance ------------------Prominence Venture, LLC, a Delaware Limited Liability Company known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he/she executed the same for the purposes and consideration therein expressed, in the capacity therein state and as the act and deed of said US Alliance Prominence Venture, LLC, a Delaware Limited Liability Company. Given under my hand and seal of office on this ___ day of ________ ~ 20_. Notary Public in and for ___________ County, Texas Accepted this __ day of __________ , 20 ___ for the City ofDenton, Texas (Resolution No. 91-073). BY: -------------- AFTER RECORDING RETURN TO: Development Services -Real Estate Division 401 N. Elm Street Denton, Texas 76201 Attention: Mark Laird