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HomeMy WebLinkAbout2000-014P IebamMeplIGMar WWmtm4 rdimm MmmMmi ee410 Rimy RON dm ORDINANCE NO OO — / AN ORDINANCE APPROVING A REAL ESTATE CONTRACT BETWEEN THE CITY OF DENTON AND EMORY D GROENING, RELATING TO THE PURCHASE OF 0 145 ACRE OF LAND FOR THE RINEY ROAD REALIGNMENT WITH U S HIGHWAY 77, AUTHORIZING THE EXPENDITURE OF FUNDS THEREFOR, AND PROVIDING AN EFFECTIVE DATE THE COUNCIL OF THE CITY OF DENTON, TEXAS HEREBY ORDAINS SECTION 1 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 0 145 acre of land for the Riney Road Realignment with U S Highway 77 SECTION 2 That the City Manager is authorized to make the expenditures as set forth in the attached Real Estate Contract SECTION 3 That this ordinance shall become effective immediately upon its passage and approval / PASSED AND APPROVED this the Y `� day of 0&&&yk , 2000 ATTEST, JENNIFER WALTERS, CITY SECRETARY BY AP VED A TO LEGAL FORM HERBERT L PROUTY, CITY ATTORNEY BY C��t�' `a . REAL ESTATE CONTRACT STATE OF TEXAS COUNTY OF DENTON THIS CONTRACT OF SALE is made by and between EMORY D. GROENINO (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, being 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. PURCHASE PRICE 1. Amount of Purchase Price. The purchase price for the Property shall be the total sum of $8,500.00. 2. Payment of Purchase Price. The full amount of the Purchase Price shall be payable in cash at the closing. PURCHASER'S OBLIGATIONS The obligations of Purchaser hereunder to consummate the transactions contemplated hereby are subject to the satisfaction of each of the following conditions any of which may be waived in whole or in part by Purchaser at or prior to the closing. 1. Preliminary Title Report. Within twenty (20) days after the date hereof, Seller, at Seller's sole cost and expense, shall have caused the Title Company (hereinafter defined) to issue a owners policy commitment (the "Commitment") accompanied by copies of all recorded documents relating to easements, rights -of -way, etc., affecting the Property. Purchaser shall give Seller written notice on or before the expiration of ten (10) days after Purchaser receives the Commitment that the condition of title as set forth in the Commitment is or is not satisfactory. In the event Purchaser states the condition of title is not satisfactory, Seller shall, at Seller's option, promptly undertake to eliminate or modify all unacceptable matters to the reasonable satisfaction of Purchaser. In the event Seller is unable to do so within ten (10) days after receipt of written notice, this Agreement shall thereupon be null and void for all purposes; otherwise, this condition shall be deemed to be acceptable and any objection thereto shall be deemed to have been waived for all purposes. 2. Survev. 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 Sscrow 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. AEE008FE PAGE 2 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 January 31, 2000, 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 3 CLOSING REQUIREMENTS 1. Seller's Requirements. At the closing Seller shall: A. Deliver to CITY OF DENTON, TEXAS, a MUNICIPAL CORPORATION, a duly executed and acknowledged Deed in the form as attached hereto as Exhibits "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 here- of; and 3. Any exceptions approved by Purchaser in writing. B. Deliver to Purchaser a Texas Owner's Policy of Title Insurance at Purchaser's sole expense, issued by Dentex Title Company, Denton, Texas, (the "Title Company"), or such title company as Seller and Purchaser may mutually agree upon, in Purchaser's favor in the full amount of the purchase price, insuring fee simple title for the State of Texas to the Property subject only to those title exceptions listed in 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 as to restrictive cove- nants shall be endorsed "None of Record"; AEE008FE PAGE 4 3. The exception for taxes shall be limited to the year of closing and shall be endorsed "Not Yet Due and Payable"i 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. Closina 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. REAL ESTATE CONNISSION All obligations of the Seller and Purchaser for payment of brokers' fees are contained in separate written agreements. 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 In the event Purchaser should fail to consummate the purchase of the Property, the conditions to Purchaser's obligations set forth in PURCHASER'S OBLIGIAATIONS having been satisfied and Purchaser being in default Seller may either enforce specific performance of this Agreement, or terminate this Agreement by written notice delivered to purchaser. AEEOOBFE PAGE 5 MISCELLANEOUS 1. 8asianment of Aara This Agreement may be assigned by Purchaser without the express written consent of Seller. 2. Survival of Covanan Any of the representations, war- ranties, coveaaate, and Any 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 Bent 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. Taxae Law s....i •, 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 So+++A. 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. 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 in- validity, 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 Aaresmente e+2erseded. This Agreement constitutes the Bole 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 6 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. CCg=liance. 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 Sel- ler, Purchaser shall have the right to terminate this Agreement upon written notice to Seller. DATED this 7Z-I'-- day of % a-e-) , 1999. SELLER AEE008FE PAGE 7 PURCHASER THE CITY OF DENTON, 215 E. McKinney Denton, Texas 76201 STATE OF TEXAS COUNTY OF DENTON is instrument is acknowledged before me, on this day of_ UUUMAcd 0090 by Michael W. Jea, City Manager, of the City Denton a municipal corporation, known to me to be the person and offic 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 authorised to perform the same by appropriate ordinance of the City Council of the City of Denton and that he executed the same as the act of the said City for purposes and consideration therein expressed, and in the caps ty therein stated. tart' ublic is and for f Mixes J[NNIFER K WALTERS a State of Tex NatitJEN IFERPlibliState nLTER Kly Qnmmusmn Expires December 10, 2002 STATE OF TEXAS COUNTY OF DENTON This instrument is acknowledged before me, on this day of 1999 by Emory D. Groaning. Notary Public in and for the State of Texas AEE008FE PAGE 8 EXHIBIT "A" All that certain tract or parcel of land lying and being situdted in the N. If. Meisenheimer Survey, Abet. 810, City arid County Of Denton, Texas, being part of a Second Tract de-3cribed in a dead from Charles Franks to Louis Crooning on Novembor 11, 1970, and recorded in Vol. 613, page 183, Dead Records of said County, and being more particularly described an follows: 0EGINNING dt a Steel pin on the North right of way of Highway 77 at a point N. 31' 37' 50" E. 30.0 foot and S. 58' 13' E 144 1 foot from the West cornur of said Second Tract; THENCE N. 310 28' C. 139.92 to a steel pin, Tll1:NCC S. 580 28' 28" E. 22.50 feet to a stool pin; THENCE S. 1' 39' 30" C. along and near a chain link fonco 167.80 Lout to a Atopl pin; THENCE N. 500 13' W. 114.20 rout to the place of beginning, containing in all 0.220 acres of land. SAVE & EXCEPT 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 comer of a called 0.228-acre one of land conveyed to Albert B. Grubbs, Sr. and wife, Margaret V. Grubbs, recorded in Volume 842. Page 977, DROCT: THENCE S 310 44, 25' W, along a One 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 One of U.S. 77, (1) THENCE S 586 11' 36' F. along the new north right of way Ons of U.S. 77, a distance of 93.41 feet to a set WS-Inch hon rod with an aluminum cap on the east fine of said Groaning tract and being on the weal Ins of a O.8184= tract of land as conveyed to Charles R Jackson, mcordad In Volume 1550, Page 214, ORDOr; (2) THENCE S Ot a 22' 39' E, with the One common to said Groaning tract and said Jackson tract, a dbttanao of 37.09 foot to a found 1 /2aneh iron rod being the southeast comer of said Groaning tract, being the southwest comer of said Jackson tract, and said point being on the existing north right of way Ono of U.S. 77, (3) THENCE N 58e 03' 18' W, with the Ins common to said Groaning tract and existing north right of way Ins of U.S. 77, a astance of 114.00 feet to a found 1/2-inch Iron rod being the southwest comer of said Groaning tract, and being the southeast comer of said Grubbs tracc (4) THENCE N 310 44' 250 E, with the goo common to said Groaning tract and said Grubbs tract. a distance of 31.27 feet to the POINT OF BEGINNING, and containing 0.075 acre, or 3.265 square feet of land, mom or less. EXHIBIT "B" WARRANTY DEED Date: Grantor: EMORY D. GROENING Grantee: City of Denton Grantee's Mailing Address (including county): City of Denton 221 North Elm Street Denton, Texas 76201 Denton, County Consideration: EIGHT THOUSAND, FIVE HUNDRED DOLLARS AND N0/100 ($8,500.00) and other good and valuable consideration. Property (including any improvements): All those certain tracts of land being situated in the N. H. Meisenheimer Survey, Abstract No. 810, Denton County, Texas and being more particularly described in "EXHIBIT A" attached hereto and by this reference being made a part hereof for all purposes. Reservations From and Exceptions to Conveyance and Warranty: Easements, sights -of -way, and prescriptive rights, whether of record or note all presently recorded instruments, other than liens and conveyances, that affect the property. GRANTOR , for the consideration, receipt of which is hereby acknowledged, and subject to the reservations from and exceptions to conveyance and warranty, grants, sells and conveys to Grantee the property, together with all and singular the rights and appurtenances thereto in any wise belonging, to have and to hold it to GRANTEE, GRANTEE'S heirs, executor, administrators, successors or assigns forever. GRANTOR binds GRANTOR and GRANTOR'S heirs, executors, administrators and successors to Deed -1 warrant and forever defend all and singular the property to GRANTER and ORANTEB'S heirs, executors, administrators, successors and assigns against every person whomsoever lawfully claiming or to claim the same or any part thereof, except as to the reservations from and exceptions to conveyance and warranty. When the context requires, singular nouns and pronouns include the plural. Ersoax a oaosNir a 438 Rreutzberg Road Boerne, Texas 78006 ACKNOWLEDGMENT STATE OF TEXAS $ COUNTY OF DENTON $ This instrument was acknowledged before me on this of , 1999 by EMORY D. GROENING. Notary Public, in and the State of Texas My Commission Expires: Deed-2 for day