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HomeMy WebLinkAbout23-706ORDINANCE NO. 23-706 AN ORDINANCE OF THE CITY OF DENTON AUTHORIZING THE CITY MANAGER, OR DESIGNEE, TO EXECUTE A CONTRACT OF SALE BETWEEN THE CITY OF DENTON, AS "BUYER", AND NELDA HACKETT (REFERRED TO HEREIN AS "SELLER"), FOR THE PURCHASE OF APPROXIMATELY 6.5 ACRES OF LAND, MORE OR LESS, FOR THE PURPOSES OF THE CONSTRUCTION OF A WASTEWATER TREATMENT FACILITY AND OTHER PUBLIC USES , BEING LOCATED IN THE J. W. WITHERS SURVEY, ABSTRACT NO. 1343, AND THE B.B.B. & C.R.R. COMPANY SURVEY, ABSTRACT NO. 196, ALL LOCATED IN THE CITY AND COUNTY OF DENTON, TEXAS, FOR A PURCHASE PRICE OF $820,000.00; AUTHORIZING THE PROVISION OF RELOCATION ADVISORY SERVICES AND RELOCATION FINANCIAL ASSISTANCE IN AN AMOUNT OF $155,478.84; AUTHORIZING THE EXPENDITURE OF FUNDS THEREFOR; PROVIDING FOR SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the above-captioned tract, containing approximately 6.5 acres of land, and being more particularly described in Exhibit "A" to the Contract of Sale (the "Contract"), hereto and made a part hereof for all purposes, (the "Property") may be put to public use and benefit; and WHEREAS, Seller has agreed to sell the Property to the City of Denton (the "City") for the purchase price of Eight Hundred Twenty Thousand Dollars ($820,000.00); and WHEREAS, the City Council hereby finds that the Contract between the City and Owner serves a municipal and public use and is in the public interest; and WHEREAS, the Seller is eligible for Relocation Advisory Services and Relocation Financial Assistance according to Ordinance No. 2012-073; NOW, THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS: SECTION 1. The findings set forth in the preamble of this Ordinance are incorporated by reference into the body of this Ordinance as if fully set forth herein. SECTION 2. The City Manager, or designee, is authorized to: (a) execute the Contract of Sale between the City of Denton, as Buyer, and Nelda Hackett, as Seller, for the purchase price of $820,000.00 and under the terms and conditions set forth in the attached Contract of Sale, and (b) execute any other documents necessary for closing of the transaction contemplated by the Contract, and (c) provide relocation advisory services and financial assistance according to Ordinance No. 2012-073 in the amount of $155,478.84. SECTION 3. The City Manager is further authorized to make expenditures and to carry out all duties and obligations as set forth in the Contract. SECTION 4. That to the extent the Property is being purchased wholly or partly with bond proceeds, City has obtained an independent appraisal of the Property's market value. SECTION 5. If any section, article, paragraph, sentence, phrase, clause, or word in this ordinance, or application thereof to any persons or circumstances, is held invalid or unconstitutional by a court of competent jurisdiction, such holding shall not affect the validity of the remaining portions of this ordinance; the City Council declares that it would have ordained such remaining portion despite such invalidity, and such remaining portion shall remain in full force and effect. SECTION 6. This ordinance shall become effective immediately upon its passage and approval. The motion to approve this ordinance was made by Tiri "''""' 'fsec. K. by 'is<'o--JI)..... ~¼c.H Mt.. G~<-, the ordinance was passed and seconded and approved by the following vote [ G -_Q__]: Gerard Hudspeth, Mayor: Vicki Byrd, District 1: Brian Beck, District 2: Jesse Davis, District 3: VACANT, District 4: Brandon Chase McGee, At Large Place 5: Chris Watts, At Large Place 6: Aye ✓ / ✓ ✓ ✓ Nay Abstain Absent PASSED AND APPROVED this the L( ~ day of_,_A-'-'('c.....:'-·,-'-\ ____ , 2023. ATTEST: ROSA RIOS, CITY SECRETARY ~ • ~tySecretary APPROVED AS TO LEGAL FORM: CITY ATTORNEY BY: --·-------,....,,, .... .,.,,.,,,,,.,,.....,, --------· __ ..... .._.. ... ~·-3""2.ll!IUO_,_ k ~ GERARD HUDs ETH,MA YOR --------------- Page 2 CONTRACT OF SALE STATE OF TEXAS § COUNTY OF DENTON § NOTICE YOU, AS OWNER OF THE PROPERTY (AS DEFINED BELOW), HA VE THE RIGHT TO: (1) DISCUSS ANY OFFER OR AGREEMENT REGARDING THE CITY OF DENTON'S ACQUISITION OF THE PROPERTY WITH OTHERS; OR (2) KEEP THE OFFER OR AGREEMENT CONFIDENTIAL, UNLESS THE OFFER OR AGREEMENT IS SUBJECT TO CHAPTER 552, GOVERNMENT CODE. This Contract of Sale (the "Contract") is made this L/ f l day of A r; / , 2023, effective as of the date of execution hereof by Buyer, as defined herein (the "Effective Date"), by and between Nelda Hackett, (referred to herein collectively as "Seller") and the City of Denton, a Texas home-rule municipal corporation (referred to herein as "Buyer"). RECITALS WHEREAS, Seller owns those certain tracts ofland, in the J. W. Withers Survey, Abstract No. 1343, in the B.B.B. & C.R.R. Company Survey, Abstract No. 196, City of Denton, Denton County, Texas, as described in. Document Number 2003-137250, recorded in the Denton County Deed Records, and being more particularly described Exhibit "A" attached hereto and made a part hereof for all purposes (the "Land"); and WHEREAS, Seller desires to sell to Buyer, and Buyer desires to buy from Seller, the Land, together with any and all rights or interests of Seller in and to adjacent streets, alleys, and rights of way and together with all and singular the improvements and fixtures thereon and all other rights and appurtenances to the Land (collectively, the "Property"). ARTICLE I SALE OF PROPERTY For the consideration hereinafter set forth, and upon the terms, conditions, and provisions herein contained, and subject to the reservations herein, Seller agrees to sell and convey to Buyer, and Buyer agrees to purchase from Seller, the Property. Seller, subject to the limitation of such reservation made herein, shall reserve, for themselves, their heirs, devisees, successors, and assigns, all oil, gas, and other minerals in, on, and under and that may be produced from the Property. Seller, their heirs, devisees, successors, and assigns shall not have the right to use or access the surface of the Property, in any way, manner, or form, in connection with or related to the reserved oil, gas, and other minerals and/or related to exploration and/or production of the oil, gas, and other minerals reserved herein, in.eluding without limitation, use or access of the surface of the Property for the location of any well or drill sites, well bores, whether vertical or any deviation from vertical, water wells, pit areas, seismic activities, tanks or tank batteries, pipelines, roads, electricity or other utility infrastructure, and/or for subjacent or lateral support for any surface facilities or well bores, or any other infrastructure or improvement of any kind or type in connection with or related to the reserved oil, gas, and other minerals, and/or related to the exploration or production of same. As used herein, the term "other minerals" shall include oil, gas, and all associated hydrocarbons, and shall exclude (1) water, (2) all substances that any reasonable extraction, mining, or other exploration and/or production method, operation, process, or procedure would consume, deplete, or destroy the surface of the Property; and (3) all substances which are at or near the surface of the Property. The intent of the parties hereto is that the meaning of the term "other minerals" as utilized herein, shall be in accordance with that set forth in Reed v. Wylie, 597 S.W.2d 743 (Tex. 1980). As used herein, the term "surface of the Property" shall include the area from the surface of the earth to a depth of five hundred feet (500') below the surface of the earth and all areas above the surface of the earth. It is understood that the Property, or a portion thereof, is subject to that certain Oil, Gas and Mineral Lease dated March 9, 2000 between Marvin C. Burch, et al as lessors, and Roger A. Soape, Inc., lessee, (the "Oil and Gas Lease") and that such Oil and Gas Lease, to the extent it is valid and subsisting, shall not be subject to such surface use prohibitions, to the extent provided by law. However, (i) such Oil and Gas Lease and any other valid and subsisting oil, gas and/or mineral lease(s) ("Other Mineral Lease(s)") shall be considered an Exception, as defined below; (ii) Seller agrees that it will not grant, renew or extend any surface use rights or surface use rights agreements with respect to the Property; (iii) Seller shall secure for the benefit of Buyer the grant of a partial release and waiver from Richard L. Burch, a/k/a Richard Lee Burch, a/k/a, Richard Burch, and Nelda Grace Burch Hackett, a/k/a Nelda G. Hackett, a/k/a Nelda Grace Jeanes Hackett of all surface rights to the property covered by the Oil and Gas Lease, save and except those rights retained by BKV Barnett, LLC, in its capacity as successor-in-interest to Devon Energy Production Company, LP, in its capacity as a successor in interest to Roger A. Soape, the original lessee in the Oil and Gas Lease, in the Partial Waiver and Release of Surface Rights recorded in the official records of Denton County, Texas as Document Number 165173 on November 8, 2022 and attached hereto as Exhibit "C"; and (iv) the surface rights released and waived pursuant to clause (iii) hereof shall be conveyed by Seller to Buyer as of the Closing Date. Seller's obligation to secure the surface rights release set forth in clause (iii) of this paragraph is a condition to Closing. 2 ARTICLE II PURCHASE PRICE. EARNEST MONEY, AND ADDITIONAL EXPENSES 2.01 Purchase Price. The Purchase Price to be paid to Seller for the Property is the sum of EIGHT HUNDRED TWENTY THOUSAND and NO/100 Dollars ($820,000.00) (the "Purchase Price"), subject to appropriation. 2.02 Earnest Money. Buyer shall deposit the sum of FIFTY THOUSAND and No/100 Dollars ($50,000.00), as "Earnest Money" (herein so called) with WFG National Title Company, 3492 Long Prairie Road #200, Flower Mound, Texas 75028, (the "Title Company"), as escrow agent, within fourteen (14) calendar days after the Effective Date hereof. All interest earned thereon shall become part of the Earnest Money and shall be applied or disposed of in the same manner as the original Earnest Money deposit, as provided in this Contract. If the purchase contemplated hereunder is consummated in accordance with the terms and the provisions hereof, the Earnest Money, together with all interest earned thereon, shall be applied to the Purchase Price at Closing. In all other events, the Earnest Money, and the interest accrued thereon, shall be disposed of by the Title Company as provided in this Contract. 2.03 Additional Expenses. Buyer shall pay the following additional expenses to or on behalf of the Seller: (a) Replacement Housing Supplement $148,056.58; (b) Incidental Expenses (ClQsing Costs) $7,422.84; ( c) Moving Costs -Reasonable moving costs to be paid to or on behalf of Seller. 3.01 Title Commitment. ARTICLE III TITLE AND SURVEY (a) Within twenty (20) calendar days after the Effective Date, Seller shall cause to be furnished to Buyer, at Buyer's expense, a current Commitment for Title Insurance (the "Title Commitment") for the Property, issued by Title Company. The Title Commitment shall set forth the state of title to the Property, including a list of liens, mortgages, security interests, encumbrances, pledges, assignments, claims, charges, leases (surface, space, mineral, or otherwise), conditions, restrictions, options, severed mineral or royalty interests, conditional sales contracts, rights of first refusal, restrictive covenants, exceptions, easements (temporary or permanent), rights-of-way, encroachments, or any other outstanding claims, interests, estates, or equities of any nature ( each of which are referred to herein as an "Exception"). (b) Along with the Title Commitment, Seller shall also cause to be delivered to Buyer, at Buyer's sole cost and expense, true and correct copies of all instruments that create or evidence Exceptions (the "Exception Documents"), including those described in the Title Commitment as exceptions to which the conveyance will be subject and/or which are required to be released or cured at or prior to Closing. 3 3.02 Survey. Within twenty (20) calendar days after the Effective Date, Buyer has caused or will cause to be prepared at Buyer's expense, a CU1Tent on the ground survey of the Prope11y (the "Survey"). The contents of the Survey shall be prepared by a surveyor selected by Buyer and shall include the matters prescribed by Buyer, which may include but not be limited to, a depiction of the location of all roads, streets, easements and rights of way, both on and adjoining the Property, water courses, 100 year flood plain, fences, improvements, and structures of any kind, and other matters provided in items 1-4, 6a, 7a, 8, 11,13,16, 18, and 19 of Table A of the ALTA Minimum Standard Detail Requirements. The Survey shall describe the size of the Property, in acres, and contain a metes and bounds description thereof. Seller shall furnish or cause to be fumished any affidavits, ce11ificates, assurances, and/or resolutions as required by the Title Company in order to amend the survey exception as required by Section 3.05 below. The description of the Property as set forth in the Survey, at the Buyer's election, shall be used to describe the Prope11y in the deed to convey the Property to Buyer and shall be the description set forth in the Title Policy. Notwithstanding the Survey of the Property, the Purchase Price for the Property, as prescribed by Section 2.01, above, shall not be adjusted in the event the Survey shall determine the Prope11y to be either larger or smaller than that depicted in Exhibit "A," attached hereto. 3.03 Review of Title Commitment, Survey, and Exception Documents. Buyer shall have a period of fifteen (15) calendar days (the "Title Review Period") commencing with the day Buyer receives the last of the Title Commitment, the Survey, and the Exception Documents, in which to give written notice to Seller specifying Buyer's objections to one or more of the items ("Objections"), if any. All items set forth in the Schedule C of the Title Commitment, and all other items set forth in the Title Commitment which are required to be released or otherwise satisfied at or prior to Closing, shall be deemed to be Objections without any action by Buyer. 3.04 Seller's Obligation to Cure; Buyer's Right to Terminate. The Seller shall, within fifteen (15) calendar days after Seller is provided notice of Objections, either satisfy the Objections at Seller's sole cost and expense or promptly notify Buyer in writing of the Objections that Seller cannot or will not satisfy at Seller's expense. Notwithstanding the foregoing sentence, Seller shall, in any event, be obligated to (i) cure those Objections or Exceptions that have been voluntarily placed on or against the Property by Seller after the Effective Date, (ii) secure the surface rights releases set forth in clauses (iii) and (iv) of Article I prior to Closing, and (iii) convey to Buyer the surface rights released and waived pursuant to clauses (iii) and (iv) of Article I at Closing. If Seller fails or refuses to satisfy any Objections that Seller is not obligated to cure within the allowed fifteen (15) calendar day period, as may be extended by Buyer, in its sole discretion, then Buyer has the option, exercisable within fifteen (15) days after the provided fifteen (15) day cure period, of either: (a) waiving the unsatisfied Objections by, and only by, notice in writing to Seller on or before the fifteen (15) day option period provided hereinabove, in which event those Objections shall become Permitted Exceptions (herein so called), or (b) te1minating this Contract by notice in writing on or before the fifteen (15) day option period provided hereinabove and receiving back the Earnest Money and the interest accrued thereon, in which latter event Seller and Buyer shall have no fu1ther obligations, 4 one to the other, with respect to the subject matter of this Contract. 3.05 Title Policy. At Closing, Seller, at Buyer's sole cost and expense, shall cause a standard Texas Owner's Policy of Title Insurance ("Title Policy") to be furnished to Buyer. The Title Policy shall be issued by the Title Company, in the amount of the Purchase Price and ensuring that Buyer has indefeasible fee simple title to the Prnperty, subject only to the Permitted Exceptions. The Title Policy may contain only the Permitted Exceptions and shall contain no other exceptions to title, with the standard printed or common exceptions amended or deleted as follows: (a) survey exception must be amended if required by Buyer to read "shortages in area" only ( although Schedule C of the Title Commitment may condition amendment on the presentation of an acceptable survey and payment, to be borne solely by Buyer, of any required additional premium); (b) no exception will be pe1mitted for "visible and apparent easements" or words to that effect ( although reference may be made to any specific easement or use shown on the Survey, if a Permitted Exception); (c) no exception will be pe1mitted for "rights of parties in possession", unless otherwise agreed by Buyer; and ( d) no liens will be shown on Schedule B. (e) Schedules C and D shall be deleted in their entirety; and (t) the arbitrations provision contained in the attached commitment has been deleted in its entirety; and Notwithstanding the enumeration of the stated exceptions, amendments, and/or deletions, Buyer may object to any Exception it deems material, in its sole discretion. ARTICLE IV FEASIBILITY REVIEW PERIOD 4.01 Review Period. Any term or provision of this Contract notwithstanding, the obligations of Buyer specified in this Contract are wholly conditioned on Buyer's having determined, in Buyer's sole and absolute discretion, during the period commencing with the Effective Date of this Contract and ending thirty (30) calendar days thereafter (the "Absolute Review Period"), based on such appraisals, tests, examinations, studies, investigations, and inspections of the Property the Buyer deems necessary or desirable, including but not limited to studies or inspections to determine the existence of any environmental hazards or conditions, perfo1med at Buyer's sole cost, that Buyer finds the Property suitable for Buyer's purposes. Buyer is granted the right to conduct engineering studies of the Property, and to conduct a physical inspection of the Property, including inspections that invade the surface and subsurface of the Property. If Buyer determines, in its sole judgment, that the Property is not suitable, for any reason, for 5 Buyer's intended use or purpose, the Buyer may terminate this Contract by written notice to the Seller, as soon as reasonably practicable, but in any event prior to the expiration of the Absolute Review Period, in which case the Earnest Money and the interest accrued thereon will be returned to Buyer, and neither Buyer nor Seller shall have any further duties or obligations hereunder. In the event Buyer elects to terminate this Contract pursuant to the terms of this Article IV, Section 4.01, Buyer will provide to Seller, if requested by Seller, copies of (i) any and all non-confidential and non-privileged reports and studies obtained by Buyer during the Absolute Review Period; and (ii) the Survey, ARTICLE V REPRESENTATIONS, WARRANTIES, COVENANTS, AND AGREEMENTS 5.01 Representations and Warranties of Seller. To induce Buyer to enter into this Contract and consummate the sale and purchase of tb.e Property in accordance with the terms and provisions herewith, Seller represents and wan-ants to Buyer as of the Effective Date and as of the Closing Date (as defined in Article VII, Section 7.01 herein), except where specific reference is made to another date, that: (a) The descriptive information concerning the Property set forth in this Contract is complete, accurate, true, and correct. (b) There are no adverse or other parties in possession of the Prope1ty or any part thereof, and no party has been granted any license, lease, or other right related to the use or possession of the Property, or any palt thereof, except those described in the Leases, as defined in Article V, Section 5.02(a). (c) The Seller has good and marketable fee simple title to the Property, subject only to the Pe1mitted Exceptions. ( d) The Seller has the full right, power, and authority to sell and convey the Property as provided in this Contract and to carry out Seller's obligations hereunder. (e) The Seller has not received notice of, and has no other knowledge or info1mation of, any pending or threatened judicial or administrative action, or any action pending or threatened by adjacent landowners or other persons against or affecting the Property. (t) The Seller has paid all real estate and personal property taxes, assessments, excises, and levies that are presently due, if any, which are against or are related to the Property, or will be due as of the Closing, and the Property will be subject to no such liens. (g) Seller has contracted or entered into an agreement with a real estate broker which will result in real estate broker commissions or finder's fee or other fees payable to such real estate broker with respect to the transactions contemplated by this Contract and, therefore, at Closing Seller shall pay directly or shall pay out of the proceeds due to Seller hereunder at Closing any and all professional service fees, finder's fees and/or real 6 estate broker commissions due under such agreement and any other agreements, oral or written, that may have been entered into by Seller with respect to the Property or the transactions contemplated by this Contract. Otherwise, except as provided in this Section 5.0l(g), Seller has not contracted or entered into agreements with other real estate brokers or with any agents, finders, or any other parties in connection with this transaction or taken any actions which would result in any other real estat~ broker commissions or in any finder's fees or other fees payable with respect to the transactions contemplated by this Contract. (h) Except as provided in Article 1 with respect to the Oil and Gas Lease, all Leases (as defined in Article V, Section 5.02(a)) shall have expired or othe1wise te1minated prior to the Closing Date, and any and all tenants or parties occupying the Property pursuant to the Leases shall have permanently abandoned and vacated the Property, including without limitation, all personal property of any such tenants or parties, prior to the Closing Date. (i) The Seller is not a "foreign person" as defined in Section 1445 of the Intemal Revenue Code of 1986, as amended. 5.02 Covenants and Agreements of Seller. Seller covenants and agrees with Buyer as follows: (a) Within ten (10) calendar days after the Effective Date, Seller, at Seller's sole cost and expense, shall deliver to Buyer, with respect to the Property, true, correct, and complete copies of the following: (1) All lease agreements, including but not limited to the Oil and Gas Lease and any other valid and subsisting Other Mineral Lease(s), use agreements and/or occupancy agreements and/or licenses of any kind or nature (if oral, Seller shall provide to Buyer in writing all material terms thereof) relating to the use or possession of the Prope11y, or any pali thereof, including any and all modifications, supplements, and amendments thereto (the "Leases',). (b) Intentionally Omitted. ( c) Prior to the Closing Date, Seller shall secure and file in the Denton County Real Estate records a release from Marvin C. Burch (or his estate or heirs, as applicable) and Richard Lee Burch of that certain Reserved Private Access Easement executed by City of Denton filed August 3, 2007, recorded as Instrument No. 2007-92936 of the County Clerk's Official Records of Denton County, Texas. ( d) Prior to the Closing Date, except as provided in Article 1 and Article V, Section S.02(g), Seller shall have terminated all unexpired Leases, and Seller shall have caused the tenants to have vacated the Property and to have removed all personal property of the tenants 7 from the Property prior to the Closing Date. (e) From the Effective Date until the Closing Date or earlier termination of this Contract, Seller shall: • (1) Not enter into any written or oral contract, lease, easement or right of way agreement, conveyance, or any other agreement of any kind with respect to, or affecting, the Property that will not be fully performed on or before the Closing or would be binding on Buyer or the Property after the Closing Date. (2) Advise the Buyer promptly of any litigation, arbitration, or administrative hearing, or claims related thereto, concerning or affecting the Property. (3) Not take, or omit to talce, any action that would result in a violation of the representations, warranties, covenants, or agreements of Seller. (4) Not sell, assign, lease, or convey any right, title, or interest whatsoever in or to the Property, or create, grant or permit to be attached or perfected, any lien, encumbrance, or charge thereon. (f) Seller shall indemnify and hold Buyer harmless from all loss, liability, damage and expense, including, without limitation, reasonable attomeys' fees, arising or incurred as a result of any liens or claims resulting from labor or materials furnished to the Property under any written or oral contracts arising or entered into prior to Closing. (g) Intentionally Omitted 5.02.A. Warranty; Property Condition. Buyer represents and warrants to Seller that it has made, or will make prior to Closing, an independent inspection and evaluation of the Property and aclmowledges that Seller has made no statements or representations concerning the present or future value of the Property, or the condition, including the environmental condition, of the Property. Except as othe1wise specifically represented and warranted by Seller in this Contract, SELLER MAKES NO REPRESENTATIONS OR WARRANTIES, EXPRESSED, STATUTORY, OR IMPLIED, AS TO THE VALUE, QUALITY, QUANTITY, PHYSICAL AND ENVIRONMENTAL CONDITION OF THE PROPERTY, AND/OR MATERIALS CONTAINED OR LOCATED IN, ON, OR UNDER THE PROPERTY, THE NATURE OF THE PAST OR HISTORIC USE OF THE PROPERTY, AND/OR MERCHANTABILITY OR FI1NESS FOR PURPOSE OF ANY OF THE PROPERTY. Buyer fi.niher acknowledges that it has relied solely upon its independent evaluation and examination of the Property, public records relating to the Property, and the independent evaluations and studies based thereon. Seller makes no warranty or representation as to the accuracy, completeness, or usefulness of any information furnished to Buyer, if any, whether furnished by Seller or any third pal'ty. Seller assumes no liability for the accuracy, completeness, or usefulness of any material furnished by Seller, if any, and/or any other person or pru.ty. Reliance on any material so fumished is expressly disclaimed by Buyer, and shall not give rise to any cause, claim, or action against Seller. 8 5.03 Survival Beyond Closing. Notwithstanding anything to the contrary contained in this Contract, the representations, warranties, covenants, and agreements of Seller and Buyer contained in this Contract shall survive the Closing, and shall not, in any circumstance, be merged with the Special Warranty Deed, as described in Article VII, Section 7.02(a). ARTICLE VI CONDITIONS PRECEDENT TO PERFORMANCE 6.01 Performance of Seller's Obligations. Buyer is not obligated to pe1form under this Contract unless, within the designated time periods, all ·of the following shall have occurred: (a) Seller has performed, furnished, or caused to be fumished to Buyer all items required to be so performed or furnished under other sections of this Contract except as otherwise provided in this Agreement or expressly waived, accepted, or agreed in writing by Buyer; and (b) Seller cures, or Buyer waives in writing, within the time periods specified in Article III, all of Buyer's objections made in accordance with Article III. 6.02 Breach of Seller's Representations, Warranties, Covenants, and Agreements. Buyer is not obligated to perform under this Contract unless all representations, warranties, covenants, and agreements of Seller contained in this Contract are true and conect or have been perfo1med, as applicable, as of the Closing Date, except where specific reference is made to another date. 6.03 Adverse Change. Buyer is not obligated to perfo1m under this Contract if, on the date of Closing, any portion of the Property has been condemned by an entity other than Buyer, or is the subject of condemnation, eminent domain, or other material proceeding initiated by an entity other than Buyer, or the Property, or any patt thereof, has been matedally or adversely impaired in any manner. 6.04 Review Period. Buyer is not obligated to perform under this Contract if Buyer delivers notice to Seller pursuant to Article IV, Section 4.01 that Buyer has determined that the Property is unsuitable to or for Buyer's purposes. 6.05 Buyer's Right to Waive Conditions Precedent. Notwithstanding anything contained in this Contract to the contrary, Buyer may, at Buyer's option, elect to waive any of the conditions precedent to the performance·of Buyer's obligations under this Contract by giving to the Seller, at any time prior to Closing, a written waiver specifying the waived condition precedent. 6.06 Buyer's Termination if Conditions Precedent Not Satisfied or Waived. If any of the conditions precedent to the performance of Buyer's obligations under this Contract have not been satisfied by Seller or waived by the Buyer in writing within the time periods provided, the Buyer may, by giving written notice to Seller, terminate this Contract. On Buyer's termination, the Eamest Money and accrued interest shall be immediately returned to Buyer by the Title Company. The Seller shall, on wtitten request from Buyer, promptly issue the instructions necessary to instruct the Title Company to return to Buyer the Earnest Money and accrued 9 interest and, thereafter, except as otherwise provided in this Contract, Buyer and Seller shall have no further obligations under this Contract, one to the other. ARTICLE VII CLOSING 7.01 Date and Place of Closing. The Closing (herein so called) shall take place in the offices of the Title Company and shall be accomplished through an escrow to be established with the Title Company, as escrowee. Unless otherwise agreed in writing by Buyer and Seller, the Closing Date (herein sometimes called) shall be the day that is fifteen (15) calendar days after the earlier of (i) the date on which the Seller has satisfied, performed, furnished, or caused to be furnished to Buyer all representations, wan·anties, items and obligations required to be satisfied, perfo1med or furnished under this Contract, unless Buyer has expressly waived or accepted any nonperformance thereof in writing. In the event a Closing Date is not set within the established parameters herein, unless otherwise agreed to by the pai1ies, either party can then terminate this contract by providing written notice thereof to the other party and the Title Company, and Buyer shall be entitled to the return of the Eamest Money and accrued interest. 7 .02 Items to be Delivered at the Closing. (a) &Ike, At or prior to the Closing, Seller shall deliver or cause to be delivered to Buyer or the Title Company, at the expense of the party designated herein, the following items: (1) The Title Policy, in the form specified in Article Ill, Section 3.05; (2) The Special Wananty Deed, substantially in the form as attached hereto as Exhibit "B" subject only to the Permitted Exceptions, if any, duly executed by Seller and acknowledged; (3) the surface rights releases set forth in clauses (iii) and (iv) of Article I; (4) All other items required pursuant to Article I and Article V, Sections 5.01(h) and 5.02(a)~(i), or otherwise necessa1y and appropriate to evidence satisfaction or performance of Seller's obligations set forth in Article I and Article V, Sections S.Ol(h) and 5.02(a)-(i) (unless othe1wise expressly waived or accepted in writing by Buyer); and (5) Other items reasonably requested by the Title Company as administrative requirements for consummating the Closing. (b) Buyer. At the Closing, Buyer shall deliver to Seller or the Title Company, the following items: (1) The sum required by Article II, Section 2.01, less the Earnest Money and accrued interest, in the form of a check, cashier's check, or other immediately available funds; and IO (2) Other items reasonably requested by the Title Company as administrative requirements for consummating the Closing. 7.03 Adjustments at Closing. Notwithstanding anything to the contrary contained in this Contract and without limiting the general application of the provisions of Section 5.03, above, the provisions of this Article VII, Section 7.03 shall survive the Closing. The following item shall be adjusted or prorated between Seller and Buyer with respect to the Property: (a) Ad valorem taxes relating to the Property for the calendar year in which the Closing shall occur shall be prorated and Seller shall submit Seller's portion to the Denton County Tax Assessor as of the Closing Date. Ad valorem taxes for the calendar year in which the Closing shall occur shall be tendered under Texas Tax Code Section 26.11. If the actual amount of taxes for the calendar year in which the Closing shall occur is not known as of the Closing Date, the proration at Closing shall be based on the amount of taxes due and payable with respect to the Property for the preceding calendar year. Seller shall pay for those taxes attributable to the period of time prior to the Closing Date (including, but not limited to, subsequent assessments for prior years due to change of land usage or ownership occurring prior to the date of Closing) and Buyer shall be responsible for those taxes attributable to the period of time commencing with the Closing Date. 7.04 Possession of the Property. Possession of the Property shall be delivered to Buyer at Closing subject to the Occupancy Agreement to be executed at Closing. 7.05 Costs of Closing. Each party is responsible for paying the legal fees of its counsel, in negotiating, preparing, and closing the transaction contemplated by this Contract. Seller is responsible for paying fees, costs, and expenses identified herein as being the responsibility of Seller, including but not limited to the real estate broker commission and any other applicable professional service fees, finder's fees and/or broker commissions as described in Section 5.0l(g). Buyer is responsible for paying all other fees. costs, and expenses related to Closing. ARTICLE VIII DEFAULTS AND REMEDIES 8.01 Seller's Defaults and Buyer's Remedies. (a) Seller's Defaults. Seller is in default under this Contract on the occurrence of any one or more of the following events: (1) Any of Seller's warranties or representations contained in this Contract are untrue on the Closing Date; (2) Seller fails to meet, comply with, or perform any covenant, agreement, condition precedent, or obligation on Seller's part required within the time limits and in the manner required in this Contract; 11 (3) Seller fails to deliver at Closing the items specified in Article VII, Section 7.02(a) of this Contract for any reason other than a default by Buyer or termination of this Contract by Buyer pursuant to the terms hereof prior to Closing; or (4) Seller fails to deliver at or before Closing the surface rights releases set forth in clauses (iii) and (iv) of Article I. (b) Buyer's Remedies. If Seller is in default under this Contract, Buyer as Buyer's remedies for the default, may, at Buyer's sole option, do any of the following: (1) Terminate this Contract by written notice delivered to Seller in which event the Buyer shall be entitled to a retum of the Earnest Money and accrued interest, and Seller shall, promptly on written request from Buyer, execute and deliver any documents necessary to cause the Title Company to retum to Buyer the Earn.est Money and accrued interest; (2) Enforce specific performance of this Contract against Seller, requiring Seller to convey the Property to Buyer subject to no liens, encumbrances, exceptions, and conditions other than those shown on the Title Commitment, whereupon Buyer shall waive title objections, if any, and accept such title without reduction in Purchase Price on account of title defects; and (3) Seek other recourse or relief as may be available to Buyer at or by law, equity, contract or otherwise. 8.02 Buyer's Default and Seller's Remedies. (a) Buyer's Default. Buyer is in default under this Contract if Buyer fails to deliver at Closing the items specified in Article VII, Section 7.02(b) of this Contract for any reason other than a default by Seller under this Contract or termination of this Contract by Buyer pursuant to the terms hereof prior to Closing. (b) Seller's Remedy. If Buyer is in default under this Contract, Seller, as Seller's sole and exclusive remedy for the default, may, at Seller's sole option, do either one of the following: (1) Terminate this Contract by written notice delivered to Buyer in which event the Seller shall be entitled to retain the Earnest Money, and Buyer shall, promptly on written request from Seller, execute and deliver any documents necessary to cause the Title Company to issue to Seller the Earnest Money; or (2) Enforce specific perfo1mance of this Contract against Buyer. 12 ARTICLE IX MISCELLANEOUS 9.01 Notice. All notices, demands, requests, and other communications required hereunder shall be in writing, delivered, unless expressly provided otherwise in this Contract, by hand delivery, overnight delivery service, or by United States Mail, registered or certified, return receipt requested, postage prepaid, and shall be deemed to be delivered and received upon the earlier to occur of: (a) if provided by hand delivery or overnight delivery service, the date delivered, and (b) if provided by United States Mail, the date of deposit in a regularly maintained receptacle for the United States Mail, in each case addressed as follows: SELLER: Nelda Hackett 4280 Country Club Road Denton, TX 76210 N eldahackett l@verizon.net Copies to: For Seller: Dr. Ara Minassian, Broker Star Realty ara~v,starreal tv. us 214-727-0686 BUYER: Deanna Cody, Deputy Director Real Estate Division City of Denton 40 l N. Elm Street Denton, TX 76201 deanna.cody@c.ityofdenton.com For Buyer: City Attorney City of Denton 215 E. McKinney Street Denton, TX 76201 9.02 Governing Law and Venue. This Contract is being executed and delivered and is intended to be performed in the State of Texas, the laws of Texas governing the validity, construction, enforcement, and interpretation of this Contract. THIS CONTRACT IS PERFORMABLE IN, AND THE EXCLUSIVE VENUE FOR ANY ACTION BROUGHT WITH RESPECT HERETO SHALL LIE IN, DENTON COUNTY, TEXAS. 9.03 Entirety and Amendments. This Contract embodies the entire agreement between the parties and supersedes all prior agreements and understandings, if any, related to the Property, and may be amended or supplemented only in writing executed by the party against whom enforcement is sought. 9.04 Parties Bound. This Contract is binding upon and inures to the benefit of Seller and Buyer, and their respective devisees, heirs, successors, and assigns. If requested by Buyer, Seller agrees to execute, acknowledge, and record a memorandum of this Contract in the Real Property Records of Denton County, Texas, imparting notice of this Contract to the public. 13 9.05 Risk of Loss. If any damage to the Property shall occur prior to Closing, or if any condemnation or any eminent domain proceedings are threatened or initiated by an entity or party other than Buyer that might result in the taking of any portion of the Property, Buyer may, at Buyer's option, do any of the following: (a) Terminate this Contract and withdraw from this transaction without cost, obligation, or liability, in which case the Earnest Money and accrued interest shall be immediately returned to Buyer; or (b) Consummate this Contract, in which case Buyer, with respect to the Property, sha11 be entitled to receive (i) in the case of damage, all insurance proceeds, if any; and (ii) in the case of eminent domain, all proceeds paid for the Property related to the eminent domain proceedings. Buyer shall have ten (10) calendar days after receipt of written notification from Seller on the final settlement of all condemnation proceedings or insurance claims related to damage to the Property in which to make Buyer's election. In the event Buyer elects to close prior to such final settlement, then the Closing shall take place as provided in Article VII, above, and there shall be assigned by Seller to Buyer at Closing, in form and substance satisfactory to Buyer, all interests of Seller in and to any and all insurance proceeds or condemnation awards which may be payable to Seller on account of such event. In the event Buyer elects to close upon this Contract after final settlement, as described above, Closing shall be held five (S) business days after such final settlement. 9.06 Further Assurances. In addition to the acts and deeds recited in this Contract and contemplated to be performed, executed, and/or delivered by Seller and Buyer, Seller and Buyer agree to perform, execute, and/or deliver, or cause to be performed, executed, and/or delivered at the Closing or after the Closing, any fut1her deeds, acts, and assurances as are reasonably necessary to consummate the transactions contemplated hereby. Notwithstanding anything to the contrary contained in this Contract and without limiting the general application of the provisions of Section 5.03, above, the provisions of this Article IXt Section 9.06 shall survive Closing. 9.07 Time is of the Essence. It is expressly agreed between Buyer and Seller that time is of the essence with respect to this Contract. 9.08 Exhibits. The Exhibits which are referenced in, and attached to this Contract, are incorporated in and made a part of this Contract for all pu1poses. 9.09 Delegation of Authority. Authority to take any actions that are to be, or may be, taken by Buyer under this Contract, including without limitation, adjustment of the Closing Date, are hereby delegated by Buyer, pursuant to action by the City Council of Denton, to the City Manager or Interim City Manager of Buyer, as applicable or their designee. 9.10 Contract Execution. This Contract of Sale may be executed in any number of counterparts, all of which taken together shall constitute one and the same agreement, and any of the parties hereto may execute this Agreement by signing any such counterpart. 14 9.11 Business Days. If the Closing Date or the day of performance required or permitted under this Contract falls on a Saturday, Sunday, City of Denton holiday or Denton County holiday, then the Closing Date or the date of such performance, as the case may be, shall be the next following regular business day. Signature Page to Follow 15 SELLER: Nelda Hackett BY: Q u...~ ~tt Executed by Seller on the \ 'S 't"~ day of rJ\ ~ \. 2023. BUYER: CITY OF DENT.ON Executed by Buyer on the j/'d-day of_7_.4,~~ .... .........,,,,c.../ __________ 2023, ATTEST: ROSA RIOS, CITY SECRETARY APPROVED AS TO LEGAL FORM: MACK REINW AND, CITY ATTORNEY BY: fL_ Ac: 16 IBIS AGREEMENT HAS BEEN BOTH REVIEWED AND APPROVED AS TO Financi~ operational obligations and Business terms. -"J Recorded On: June 29, 2023 09:33 AM Denton County Juli Luke County Clerk Instrument Number: 67640 ERecordings-RP DEED Number of Pages: 9 " Examined and Charged as Follows: " Total Recording: $58.00 ••••••••••• THIS PAGE 15 PART OF THE INSTRUMENT••••••••••• Any provision herein which restricts the Sale, Rental or use of the described REAL PROPERTY because of color or race is invalid and unenforceable under federal law. File Information: Document Number: 67640 Receipt Number: 20230628000402 Recorded Date/Time: June 29, 2023 09:33 AM User: Emily L Station: Station 41 STATE OF TEXAS COUNTY OF DENTON Record and Return To: Simplifile I hereby certify that this Instrument was FILED In the File Number sequence on the date/time printed hereon, and was duly RECORDED in the Official Records of Denton County, Texas. Juli Luke County Clerk Denton County, TX WFo Nat1ona1 Title GFl_£2/-} 4 IJ&n-+-/A(! k.6IT NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING INFORMATION FROM ANY INSTRUMENT THAT TRANSFERS AN INTEREST IN REAL PROPERTY BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER. SPECIAL WARRANTY DEED STATE OF TEXAS § COUNTY OF DENTON § KNOW ALL MEN BY THESE PRESENTS That Charles Hackett and Nelda Hackett, husband and wife ("Grantor"), 4280 Country Club Road, Denton, Texas 76210, for and in consideration of the sum of TEN AND NO/100 DOLLARS ($ I 0.00), and other good and valuable consideration to Grantor in hand paid by the City of Denton, a Texas home-rule municipal corporation ( "Grantee"), 215 E. McKinney Street, Denton, Texas 76201, the receipt and sufficiency of which are hereby acknowledged and confessed, has GRANTED, SOLD, and CONVEYED, and by these presents does GRANT, SELL, and CONVEY, unto Grantee all the real property in Denton County, Texas being more particularly described on Exhibit "A," attached hereto and made a part hereof for all purposes, and being located in Denton County, Texas, together with any and all rights or interests of Grantor in and to adjacent streets, alleys, and rights of way and together with all and singular the improvements and fixtures thereon and all other rights and appurtenances thereto ( collectively, the "Property"). Grantor, subject to the limitation of such reservation made herein, reserves, for itself, its heirs, devisees, successors, and assigns all oil, gas, and other minerals in, on, and under and that may be produced from the Property. Grantor, its heirs, devisees, successors, and assigns shall not have the right to use or access the surface of the Property, in any way, manner, or form, in connection with or related to the reserved oil, gas, and other minerals and/or related to exploration and/or production of the oil, gas, and other minerals reserved herein, including without limitation, use or access of the surface of the Property for the location of any well or drill sites, well bores, whether vertical or any deviation from vertical, water wells, pit areas, seismic activities, tanks or tank batteries, pipelines, roads, electricity or other utility infrastructure, and/or for subjacent or lateral support for any surface facilities or well bores, or any other infrastructure or improvement of any kind or type in connection with or related to the reserved oil, gas, and other minerals, and/or related to the exploration or production of same. As used herein, the term "other minerals" shall include oil, gas, and all associated hydrocarbons and shall exclude (i) water, (ii) all substances that any reasonable extraction, mining, or other exploration and/or production method, operation, process, or procedure would consume, deplete, or destroy the surface of the Property; and (iii) all substances which are at or near the surface of the Property. The intent of the parties hereto is that the meaning of the term "other minerals" as utilized herein, shall be in accordance with that set forth in Reed v. Wylie, 597 S.W.2d 743 (Tex. 1980). As used herein, the tem1 "surface of the Property" shall include the area from the surface of the earth to a depth of five hundred feet (500') below the surface of the earth and aH areas above the surface of the earth. This conveyance and warranties of title contained herein are expressly made subject only to the above listed reservation and to !hose conditions, restrictions, minerals interests, Jeases, covenants and easements set forth on Exhibit "B" attached hereto and incorporated herein by reference (the "Exceptions"'), but only to the extent same are valid and subsisting and, io fact, affect. the Property. This Special Warranty Deed is presented WrTHOUT ANY REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, WITH RESPECT TO ANY MATTERS WITH RESPECT TO THE EXISTENCE OF ANY ENVIRONMENT AL LlABILlTIES, RELEASE OF HAZARDOUS SUBSTANCES, OR ANY OTHER ENVIRONMENTAL CONDITION WITH RESPECT TO THE PROPERTY. TO HAVE AND TO HOLD the Property, subject only to the above listed reservation and to the Exceptions, together with all and singular the rights and appurtenances thereto in anywise belonging unto Grantee and Grantee's successors and assigns forever; and Grantor does hereby bind Grantor and Grantor's successors and assigns to WARRANT AND FOREVER DEFEND all and singuJar the Property unto Grantee and Grantee's successors and assigns, against every person whomsoever lawfully claiming or to claim the same or any part thereof when the claim is by, through, or under Granter but not otherwise. EXECUTED the _/:-: ~ ___ day of J \...l,11\JL , 2023. GRANTOR: GRANTOR: ~b~Jd( ACKNOWLEDGMENT THE ST ATE OF TEXAS § COUNTY OF DENTON § ACKNOWLEDGMENT THE ST A TE OF TEXAS § COUNTY OF DENTON § This inslrument was acknowledged before me on jlJjl\L ?., 1, '2 ... 0 ~i23 by Charles Hackett. Upon Filing Retum To: City of Denton Real Estate 401 N. Elm Street Denton, TX 76201 Attn: Deanna Cody / Notary ublic, State of JJ..tt.f My commission expires: ___ _ Property Tax Bills To: City of Denton Finance Department 215 E. McKinney Street Denton, Texas 76201 LEGAL DESCRIPTION Exhibit "A'' To Special Warranty Deed BEING a 6.550 acre tract of land situated in the B.8.B. & C. R.R. Co. Survey, Abstract No. 196 and the J.W. Withers Survey, Abstract No. 1343, Denton County, Texas, and being all of those certain tracts of land described as 3.029 acres and 3.506 acres in a Deed to Nelda Hackett, as recorded in Volume 5400, Page 6124 of the Real Property Records of Denton County, Texas, and being more particularly described as follows: COMMENCING at a 1/2 inch iron rod with cap stamped McCullah" found for the Northeast corner of a called 222.275 acre tract ofland described as the First Tract in Deeds to Burch Family Farm, Ltd., as recorded in Document No. 2007- 110043 and 2007-110044 otthe Real Property Records of Denton County, Texas, said point being in the Westerly line of the G.C. & S.F. Railroad (a variable width right-of-way), said point also being an angle point in the East line of Lot 1, Block A per the Final Plat of Hickory Creek Detention Addition, as recorded in Document No. 2017-391 of the Plat Records of Denton County, Texas, from which a 5/8 inch iron rod with cap stamped "TNP" found for the most Easterly Northeast corner of said Lot 1 bears South 35°21 '14 • East a distance of 764 .86 feet; THENCE North 89°56'57" West along the North line of said 222.275 acre tract passing a 5/8 inch iron rod with cap stamped "TNP" found for an interior ell comer of said Lot 1 at a distance of 36.81 feet, and continuing along the common line between said 222.275 acre tract and said Lot 1 for a total distance of 839.42 feet to a 1/2 inch iron rod found for the Northeast comer of the above cited Hackett tract and an interior Northwest comer of said 222.275 acre tract, same being the POINT OF BEGINNING for the herein described tract; THENCE South 08°48'27" East departing the South line of said Lot 1, and along a common line between said Hackett tract and said 222.275 acre tract, for a distance of 457.02 feet to a 1/2 inch iron rod found for an angle point THENCE South 33°29'50" East continuing along the common line between said Hackett tract and said 222.275 acre tract, for a distance of 277.12 feet to a 1/2 inch lron rod found for the Southeast corner of said Hackett tract and an interior ell corner of said 222.275 acre tract; THENCE South 62°25'36" West along a common line between said Hackett tract and said 222.275 acre tract, for a distance of 236.55 feet to a 1/2 inch iron rod found for the Southwest corner of said Hackett tract and an interior ell corner of said 222.275 acre tract: THENCE North 28°56'49" West along a common line between said Hackett tract and said 222.275 acre tract, for a distance of 238.96 feet to a 1/2 inch iron rod found for an angle point; THENCE North 41°44'53" West continuing along the common line between said Hackett tract and said 222.275 acre tract, for a distance of 186.30 feet to a 1/2 inch iron rod found for an angle point; THENCE North 43°40'20" West continuing along the common line between said Hackett tract and said 222.275 acre tract, for a distance of 271.06 feet to a 1/2 inch iron rod found for an angle point at the common West corner of said Hackett 3.029 and 3.506 acre tracts; THENCE North 36°34'57" West continuing along the common line between said Hackett and said 222.275 acre tract, for a distance of 84.27 feet to a 5/8 inch iron rod with cap stamped "TNP" set for an angle point: THENCE North 76"21'30" West continuing along the common line between said Hackett and said 222.275 acre tract, for a distance of 25.36 feet to a 5/8 inch iron rod with cap stamped "TNP" set for an angle point; THENCE North 33°03'30" West continuing along the common line between said Hackett and said 222.275 acre tract. for a distance of 208,78 feet to a 5/8 inch iron rod with cap stamped "TNP" found for the Northwest corner of said Hackett tract and an interior Northeast corner of said 222.275 acre tract, said point also being in the South line of said Lot 1, from which a 5/8 inch iron rod found for reference bears South 16°49'37" West a distance of0.66 feet and a 1/2 inch square pipe found for the Southwest comer of said Lot 1 and an Interior ell corner of said 222.275 acre tract bears North 89°26'11" West a distance of 715.04 feet; THENCE South 89°56'44" East along the common line between said Hackett tract and said Lot 1, for a distance of 602.41 feet to the POINT OF BEGINNING, and containing 6.550 acres of land, more or less. i, \""-~-------- 1-·~-~-: ·,-· i , <.,. ~;.-----~~~••• _ -i -~•~-~ -9-----,en \•,._ ---""'-· \\\ = ;re . • •t; •""---USl)ACRb i ~ \. 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OJ. wt:YEY, Alll'S'nl!ACT 1'1111, J.W. Wll"l-ffl-S svAvn, i\a-sn.Acr NO. 13,4-, °'""M(..._.ty,f,~- -· --· ~~"'"--•-"-----' ·--~. ~ •. ,, .. ~ ·--,-•,< ...... -... ~ .......... Exhibit "B" To Special Warranty Deed Exceptions a. Non-Annexation Agreement by and between Nelda Hackett and City of Denton, Texas filed March 12, 2010, as Instrument No. 2010-22666, of the County Clerk's Official Records of Denton County, Texas. b. Non-Annexation Agreement by and between Nelda Hackett and City of Denton, Texas filed May 12, 2016, as Instrument No. 2016-55344, of the County Clerk's Official Records of Denton County, Texas. c. Any portion of the subject property lying within the boundaries of public or private road. d. All visible and apparent easements or uses and all visible and apparent underground easements or uses, the existence of which may arise by unrecorded grant or by use. e. All leases, grants, exceptions or reservations of coal, lignite, oil, gas and other minerals, together with all rights, privileges, and immunities relating thereto, appearing in the Public Records whether listed in Schedule B or not There may be leases, grants, exceptions, or reservations of mineral interest that are not listed. f. The outstanding interest in oil, gas, and/or other minerals as set forth in instrument by and between Marvin C. Burch and Nelda Grace Burch Hackett and Richard Lee Burch, filed May 28, 2003, recorded in/under Instrument Nos. 2003-81905 and 2003-81906. g. Mineral Lease by and between Nelda Grace Jeanes Hackett, Marvin C. Burch, Richard Lee Burch, in their respective capacities, as Lessor, and Roger A. Soape, Inc., as Lessee, filed April 25, 2000, recorded as Volume 4575, Page 1477, of the County Clerk's Official Records of Denton County, Texas. Lease Ratification in Instrument No.2004-160807. h. An easement for Oil/Gas pipelines executed by Grace A. Burch, Trustee under Will of M. Burch, deceased to Southwestern Gas Pipeline, Inc., filed June 28, 1968, recorded as Instrument in Volume 568, Page 312, of the County Clerk's Official Records of Denton County, Texas. i. An easement for Oil/Gas pipelines executed by R. N. Morris to Southwestern Gas Pipeline, Inc., filed July 5, I 968, recorded as Instrument in Volume 568, Page 308, of the County Clerk's Official Records of Denton County, Texas. j. Outstanding interest in oil, gas, and/or other minerals as set forth in instrument by and between M.C. Burch and wife, Mary and Nelda Grace Jeanes, filed June 23, l 986, recorded in/under (instrument) Volume 1913, Page 747, Deed Records, Denton County, Texas. k. Outstanding interest in oil, gas, and/or other minerals as set forth in instrument by and between Marvin C. Burch and wife, Mary and Nelda Grace Jeanes, filed April 29, 1986, recorded in/under (instrument) Volume 1872, Page 421, Deed Records, Denton County, Texas. I. Tenns and provisions of Oil, Gas Lease by and between Nelda Grace Jeanes, as Lessor, and Bildaco, as Lessee, filed April 18, 1986, in Volume ] 865, Page 913. Correction recorded in Volume 1872, Page 424, Deed Records, Denton County, Texas. AFTER RECORDING RETURN TO: WFG National Title Company 4606 Park Springs Blvd., Suite 110 Arlington, Texas 76017