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1997-315AN ORDINANCE APPROVING A REAL ESTATE CONTRACT BETWEEN THE CITY OF DENTON AND EVA B JOHNSON RELATING TO THE PURCHASE OF 0 30 ACRES OF LAND FOR CONSTRUCTING DRAINAGE IMPROVEMENTS IN THE PEC-4 TRIBUTARY OF PECAN CREEK, AUTHORIZING THE EXPENDITURE OF FUNDS THEREFORE, AND PROVIDINO AN EFFECTIVE DATE THE COUNCIL OF THE CITY OF DENTON, TEXAS HEREBY ORDAINS SECTION I That the City Manager is hereby authorized to execute a Real Estate Con- tract between the City and Eva B Johnson, in substantially the form of the Real Estate Contract wtuch is attached to and made a part of this ordinance for all purposes, for the purchase of 0 30 acres of land for constructing drmnage improvements in the PEC-4 Tributary of Pecan Creek ~ That the City Manager is authorized to make the expenditures as set forth in the attached Real Estate Contract ~ That th~s ordinance shall become effective immediately upon Its passage and approval PASSED AND APPROVED this the, ~2~/~'~ day of O~tg~ ~'~ ,1907 JACK MILLER, MAYOR ATTEST JENNIFER WALTERS, CITY SECRETARY A OV ; HERBERT L PROUTY, CITY ATTORNEY c \docs\ord'~ohnson reft estate contract R~A~ ~.STA?~. CO~VfRACT STATE OF TEXAS COUNTY OF DENTON THIS CONTRACT OF SALE is made by and between Eva B Johnson (hereinafter referred to as "Seller") and CITY OF DENTON, TEXAS, a home rule munlclpallty, of Denton, Denton County, Texas, (herelnaf- ter 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 certazn tract, lot or parcel of land conszstzng of 0 30 acres of land, more or less, as descrzbed zn Exhibit "A" attached hereto, together with all rzghts and appurtenances pertalnzng to the sazd property, zncludzng any rzght, tztle and interest of Seller in and to adjacent streets alleys or rights-of-way (all of such real property, rzghts, and appurtenances bezng heremnafter referred to as the "Property"), together wzth any zmprovements, fixtures, and personal property sztuated on and attached to the Property, for the conszderatzon and upon and subject to the terms, provzsmons, and condztzons hereinaf- ter set forth Purchaser zs assumzng responslbzlzty for Items No 13, 14, 16, 17 and 18 lzsted on Schedule C, Commztment for Tztle Insurance (GF No 97-1818S) attached to and made apart of this contract ("Purchaser's Oblzgatzons") PURCHASE PRICE 1 Amount of Purchase Przce The purchase przce for the Property shall be the sum of $2,000 00 2 payment of Purchase Przce The full amount of the Purchase Przce shall be payable zn cash at the closzng PURCIqASER'S OBLIGATIONS The oblzgatzons of Purchaser hereunder to consummate the trans- actmons contemplated hereby are subject to the satzsfactzon of each of the followzng condztzons any of whzch may be waived zn whole or zn part by Purchaser at or przor to the closzng 1 ~rellmznarv Tztle Report w~th~n twenty (20) days after the date hereof, Seller, at Seller's sole cost and expense, shall have caused the Tztle Company (hereznafter defined) to issue a owners policy commztment (the "Commitment") accompanied by copies of all recorded documents relatzng to easements, rzghts-of-way, etc , affectzng the Property Purchaser shall gzve Seller wrztten notzce on or before the expzratlon of ten (10) days after Purchaser recezves the Commztment that the condmtzon of tztle as set forth zn the Commztment zs or zs not satzsfactory 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 sat~sfactlon of Purchaser Purchaser understands that Seller ~s under no obllgat~on to cure any t~tle defects complained of by Purchaser stated in Purchaser's written notice to Seller as provided ~n thls paragraph. In the event Seller is unable to do so within ten (10) days after receipt of written notlce, th~s Agreement shall thereupon be null and void for all purposes, otherwise, th~s condition shall be deemed to be acceptable and any objection thereto shall be deemed to have been waived for all purposes 2 Survey Purchaser may, at Purchaser's sole cost and expense, obtaln 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 r~ghts-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 compr~slng 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 w~th~n the ten (10) day per~od, give Seller written notice of thls fact Seller shall, at Seller's option, promptly undertake to eliminate or modify the unacceptable port~ons of the survey to the reasonable satisfaction of Purchaser In the event Seller is unable to do so wlth~n ten (10) days after receipt of written not~ce, Purchaser may terminate th~s Agreement, and the Agreement shall thereupon be null and vold for all purposes Purchaser's failure to g~ve Seller thls written notice shall be deemed to be Purchaser's acceptance of the survey 3 Seller's Compliance Seller shall have performed, ob- served, and complied w~th all of the covenants, agreements, and conditions required by th~s Agreement to be performed, observed, and complied w/th by Seller prior to or as of the closing REPRESENTATIONS AND WARRANTIES OF SELLER Seller hereby represents and warrants to Purchaser, to the best of its current knowledge, as follows, which representations and warranties shall be deemed made by Seller to Purchaser also as of the closing date. i There are no part~es in possession of any port~on of the Property as lessees, tenants at sufferance, trespassers or other part~es. AEE009~ PA(~E 2 2 Except for the prior actions of Purchaser, there is no pending or threatened condemnation or similar proceedlng or asses- sment or suit, affecting title to the Property, or any part thereof, nor to the best knowledge and belief of Seller ls any such proceeding or assessment contemplated by any governmental author1- 3 Seller has complied wlth all applicable laws, ordinances, regulations, statutes, rules and restr~ctlons 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 w~thln the Property Such toxic Or hazardous wastes or materials ~nclude, but are not l~m~ted to, h~zardous materials or wastes as same are defined by the ResourCe Conservation and Recovery Act (RCRA), as amended, and the Comprehensive Environmental Response Compensation and Llab~lity Act (CERCLA), as amended CLOSING The closing shall be held at the off~ce of Dentex T~tle Company, 300 N Elm, Suite 101, Denton, Texas on or before November 26, 1997, (which date is hereln referred to as the "closlng date") CLOSING REQUIREMENTS i Seller's Re=ulrements At the closing Seller shall A Dellver to Purchaser a duly executed and acknowledged ~eneral Warranty Deed conveying good and marketable tltle in fee simple to all of the Property, free and clear of any and all liens, encumbrances, conditlons, assessments, and restrictions, except for the following 1. Any exceptions approved by Purchaser pursuant to Purchaser's Obliaat~ons here- of, and 2. Any except/OhS approved by Purchaser in writing B. Deliver to Purchaser a Texas Owner's Policy of Title Insurance at Purchaser's sole expense, ~ssued by Dentex Title Company, Denton, Texas, (the "Title Company"), in Purchaser's favor in the full amount of the purchase price, insuring Purchaser's fee s~mple t~tle to the Property subject only to those title exceptions listed In ~ ~ hereof, such other exceptions as may be approved in writ/ngbyPurchaser, and the standard printed exceptlons contained in the usual form of Texas Owner's Policy of Title Insurance, provided, however AEE0095E PAGE 3 i The boundary and survey exceptions shall be deleted ~f required by Purchaser, and ~f so required, the costs associated with same shall be borne by Seller, 2. The exception as to restrictive cove- nants shall be endorsed "None of Record", 3. The exceptzon as to liens encumbering the Property shall be endorsed "None of Record" other than those set forth ~n "Purchaser's Obliaations" C Deliver to Purchaser possession of the Property on the day of closing 2 ~rchaser's Re=uirements Purchaser shall pay the consideration as referenced in the "Purchase Price" section of th~s contract at Closing in immediately available funds All other costs and expenses of closing ~n consummating the sale and purchase of the Property not specifically allocated here~n shall be paid by Purchaser REAL ESTATE COMMISSION Any real estate commissions occasioned by the consummation of th~s Agreement shall be the sole respons~bll~ty of Seller, to the extent Seller has agreed to pay any such real estate commission ~n writing, and Seller agrees to indemnify and hold Purchaser harmless from any and all claims for any such commissions BREACH BY SELLER In the event Seller shall fail to fully and t~mely perform any of ~ts obligatzons hereunder or shall fall to consummate the sale of the Property except Purchaser's default, Purchaser as ~ts sole and exclusmve remedy may either enforce speczfzc performance of this Agreement or terminate this Agreement by wrmtten not~ce delivered to Seller. BREACH BY PURCHASER In the event Purchaser should fail to consummate the purchase of the Property, the condzt~ons to Purchaser's obl~gatmons set forth in PURCHASER'S OBLIGATIONS havzng been satzsfied and Purchaser being in default Seller as its sole and exclusive remedy may enforce specific performance of th~s Agreement, or termznate thzs Agreement by written not~ce delivered to Purchaser AEE0095E PAGE 4 MISCELLANEOUS PROVISIONS I ~ianment of Aareement This Agreement may not be assigned by Purchaser without the express written consent of Seller 2 ~rv~val of Covenants Any of the representations, war- rant~es, covenants, and agreements of the parties, as well as any r~ghts and benefits of the parties, pertaining to a per~od of time following the closing of the transactions contemplated hereby shall survive the closing and shall not be merged there~n 3 Notice Any notice required or permitted to be delivered hereunder shall be deemed received when sent byUnlted States ma~l, postage prepaid, cert~fled mail, return receipt requested, addres- sed to Seller or Purchaser, as the case may be, at the address set forth beneath the s~gnature of the party 4 Texas Law to ADDlv Thls Agreement shall be construed under and in accordance wzth the laws of the State of Texas, and all obligations of the parties created hereunder are performable ~n Denton County,'Texas 5 ~rties Bound This Agreement shall be b~nd~ng upon and · nure to the benefit of the part~es and their respective legal representatives, successors and assigns where permitted by this Agreement 6 ~aal Construction In case any one or more of the pro- v~slons contained in thlsAgreement shall for any reason be held to be invalid, illegal, or unenforceable ~n any respect, sa~d in- validity, illegal~ty, or unenforceabil~ty shall not affect any other provision hereof, and th~s Agreement shall be construed as if the invalid, illegal, or unenforceable prov~slon had never been contained herein 7 Prior Aareements Superseded This Agreement constitutes the sole and only agreement of the parties and supersedes any prior understandings or wrztten or oral agreements between the parties respecting the within subject matter 8 ~ Time is of the essence ~n th~s Agreement 9 ~ender Words of any gender used ~n this Agreement shall be held and =onstrued to include any other gender, and words ~n the s~ngular number shall be held to include the plural, and vice versa, unless the context requires otherwise 10. Compliance In accordance with the requirements of the Texas Real Estate License Act, Purchaser ~s hereby advised that it should be furnished with or obtain a policy of t~tle Insurance or Purchaser should have the abstract covering the Property examined by an attorney of Purchaser's own select~on AEE0095E PA~E 5 11 ~ 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 del~vers same to Sel- ler, Purchaser shall have the right to terminate th~s Agreement upon written notice t~Seller PURCHASER THE CITY OF DENTON, TEXAS City Manager 215 E McKinney Denton, Texas 76201 ATTEST: JENNIFER WALTERS, CITY SECRETARY APPROVED AS TO LEGAL FORM. HERBERT L PROUTY, CITY ATTORNEY SELLER Eva B. J AEE0095E PAGE 6 Ail that certain lot, tract or parcel of land being a portion of the Hiram sisco Survey, situated in the city of Denton, Denton County, Texas, and described as follows: BBGZHNZHG at · point Ln the g.H. line of BL'adehew' Street, 2S8 feet no~th o~ t~e B.W. D T. Ke=edA~h and wale, ~o M. ~. Sheppa=d by deed dated May ZaPh, Z~4S, ~he beginning point beAng the S.W. ~o~ne= o~ a ~o~ Ioonveye4 ~o MGDadel T~gNcB tae~ wASh HoDAdG'e 8.e. ~Lne 150 ~ee~ ~o HoDade'o THBNC~ S~u~h, paraZleZ wAth ~ B.a. line of B~adshaw S~FeeC, 90 THENCE Wes~, fee~ for corner in the E.B. line of Bradshaw Street THENCE North' wi~h plaoe or begAnfling. SAVE & EXCEPT: Ail that certain lo~, tract or parcel of land lying and being situate~ in =he City and County of Denton, State of Texas, being a part of the H. Sisco Survey, Abstract No. 1184, and bexng a part of a certain tract of land conveyed by Dr. M.C. Sheppa=d to Wm. Smi=h by deed da=ed ~arch 20, ~94~, and recorded in Volume 322, Page S73, of the Deed Records of Denton County, Texas, and being more par=xcularly described as follows, to-wit: Beginning at the northwest corner of said Wm. Smith tract, said point of be~inning being 100 fee~ south of the ~ntersection of the east ri~ht-of-way line of Bradshaw Street and the south right-of- way line of Prairie Street, said point of be~innin~ bein~ in the east right-of-way line of said Bradshaw Street; Thence South, with the wes~ boundary line of said Wm. Smith tract, 90 fee= =oa point for a corner at ~he sou=hwest corner of said Wm. Smxth tract; Thence East with the south boundary line of sa~d Wm. Smith tract, S feet to a point for corner ~ feet east of and perpendicular to the west boundary line of said Wm. Smith tract; Thence North; S feet east of and parallel with the west boundary line of said Wm. Smith tract, 90 feet to a point for a corner in the north boundary line of said Wm. Smith tract; Thence West, with =he notch boundary lxne of sa~d Wm. smith tract, 5 feet ~o =he place of beginning and contaxnin~ 0.009 acres of land, more or less. I I ' ~"' ~ !~ ~ I -, , 'I ~2~t P~ 29 ~ I" , , /5/8 -- ~TY OF DENTON ' ~1 ' ~ ~ EASEMENT I ~ i ~ 144 78' ~ L , ' ,, r .............. I ~ , I I Fort Worth, Te~e~ 76102 p XBFNRTI 2~ P~fl~ IR~Y~F~-RA~F COmmITMENT POR TITLE INSURANCE SCREDULE C G.P. No.: 97-1818S Your Policy will not cover loss, costs, attorney's fees, and expenses resulting from the following requirements that will appear as Exceptions in Schedule B of the PolicT, unless you dispose of these matters to our satisfaction, before the date the Policy is issued: ! Doc,,mAnts creating your title or interest must he approved by us and must be signed, notarized and filed for record. 2 Satisfactory evidence must be provided that: no person occupying the land claims any interest in that land against the persons ~amad in paragraph 3 of Schedule A, all standby fees, taxes, assessments and charges against the property have been paid~ all improvements or repairs to the property are completed and accepted by owner, and that all contractors, subcontractors, laborers and suppliers have been fully paid, end that no mechanic' s, laborer's or materialman' s liens have attached to the property, - there is legal right of access to and from the land, - (on a Mortgagee Policy only) restrictions have not been end will not be violated that affect the validity and priority of the insured mortgage 3. You must pay the seller or borrower the agreed amount for your property or interest 4. Any defect, lien or othsrmatter that may affect title =o the land or interest insured~ that arises or is filed after the effective date of this Comm4tment 5. Upon receipt of a survey aoceptable to Company end upon payment of all the expenses fn connection with the survey end the applicable premium~ ff any, Item 2 of Schedule B will be deleted except for "shortages in area," subject to any additional exceptions revealed by the survey. 6 Upon payment of the applicable premium~ Paragraph 3 of Schedule B of any ~{ortgagee Title Policy or ~ortgagee Title Policy Binder on Interim Construction Loan will be amended to read as follows: "Standby fees, taxes and assessments by any taxing authority for the year 1997 and subsequent years" 7. Upon payment of the applicable premium, Paragraph 3 of Schedule B of any ~ortgegee Title Policy or }~ortgagee Title Policy Binder on Interim Construction Loan will be amended to include the following language: "Company insures that standby fees, taxes and assessments by any taxing authority for the year 1997 are not yet due and payable." 8. Note to all buyers, sellers, borrowers, lenders and all parties having an interest in the transaction covered by this commitment. The following constitutes a major change in the procedures and requirements for disbursement of funds pursuant to this transaotior~ The State Board of Insurance has adopted Article 9.39A disbursement from trust fund accounts an~ Procedural Rule P-27 which requires that sufficient "good fun~s" be received and deposited to the trust fund account before disbursment. "Good funds" is defined in part as: 1. cash or wire transfers~ 2. certified checks, cashier's checks and teller's chacks~ 3. uncertifisd funds in amounts less than $1500.00, includin$ personal checks, travelers checks, money orders, and negotiable orders of FOR~ Commitment-Schedule C Effective January 1, 1993 CONTINUATION OF SCHEDULE G.F. No..' 97-1818S withdrawal; provided multiple i~e~ shall no= be ~ed ~o avoid =he $1500.00 li~ta~om and 4. un~ertifie4 funds in a~unts of $1500.00 or ~re, drafts and any e=ept~ aho~ under Sohed~e B =he=eof. recen~ ~mprove~n~s~ ~ ~ny~ or ~nder UCC ~2. ~d~c~o~ C~oa~nS ~q~re~n~s (3 pass ~o~m) all para,es in ~s ~ra~ac~io~  Notice of ~sess~nt for s:ree= ~in:enance filed Au~t 15, 1969, and recorded in Volu~ 589, Pa~e 587, D~sd ~cords of Denton Oounty, Te~s. ~QUI~. P~TI~ ~LE~E No=~ce of Liem ~0~ 1. $~0~00 Volu~ 2157, PaSs 5~5 ~y ~8, 1987' 2. $305,00 Vol~ 2569 PaSs 655 ~y 0~, 1989' 3. $160.00 Volu~ 2799 PaSs 482 Ju~ 19~ ~990' 4. $~5,00 Volu~ 2869 PaSs 725 O==. 18, 1990' 5. $~20~00 Volu~ 2963 Pass 088 Apr. 18, ~991' 6. $115~00 Volu~ 2963 PaSs 216 Apr. 18, 1991' 7. $115~00 Volu~ 3069 PaSs 035 Sep 30, 8. $1~5.00 Volu~ 3174 PaSs 593 ~r. 06~ ~992' 9. $~15.00 Volu~ 3202 PaSs 04~ Apr. 10, ~992' 10. $113~00 ClerWs ~93-R0060537 AuS. 31, ~993' ~1. $~13.00 Cle=Ws ~93-R0083976 Nov. ~8, ~993' 12. $115.00 ClerWs ~:94-R0087968 Nov. 29, 1994' 13. $~05.00 Cle=Ws ~95-~0057610 Sep. 15~ [995' ~4. $105.O0 ClerWs ~96-K00~2122 Feb. 23, ~996' FOR~ Commitment-Schedule C Effective Jenuar7 1, 1993 CONTINUATION OF SCHEDULE C G.F. No.~ 97-1818S 15 $105.00 Clerk's #~96-R0057684 Au$ 20, 1996' 16. $105.00 Cle~k's ~:96-R0059456 Aug. 26, X996' 17. $110.00 Clerk's ~.'97-R0044313 J~. 02, 1997' 18. $110.00 Clerk's ~97-R0053622 Au~. 06, 1997' *Real Property ~cords of Denton County, Te~s. ~Q~NT~ PAINT & Bankruptcies. JOHNSON SS~308-6~,-7886 (~D-ODES) ~705~8M DEC. 21, 1990 SS~54-06-25~9 (AUSTIN) ~10161A J~. 18, ~996 SS~464-1~-5028 " " " " " SS~N/A " ~11262A ~Y 02, 1996 ~Q~ ~idavit ~th proper identification to affirm that EVA B. JONSON is not the sa~ person as any of =hose who are parties to any of the above ~ntione~ bankruptcies OK require evidence t~t they have authority =o enter into the tra~ac:~on In Ca~e No. 80-2580-B, styled "DE~ON CO~TY vs. ~LLI~ S~TH, ET ~", Tax Lien is requested in Plantiffs' original petition. ~QUI~= PAINT ~ DIS~SS~ OF S~T AT LE~T ~ ,F~ ~ S~JECT PROPERTY IS CONCERNED. In Ca~m No. ~0-2860-~ ~6:h Judicial District Court of Denton County~ Te~s, styled "DENTON ~CO~TY vs. ~LLX~ S~TH", Tax Lien is requested in Planttffs' ori~i~l petitio~ ~QUI~: PAINT ~ DIS~SS~ OF S~T AT LE~T ~ F~ ~ S~JECT PROPERTY IS CONCEDED. In Ca~e No. 90-1018, $67th Judicial District Court of Denton ~ounty, Te~s, styled "DENTON XSD, ~T ~ vs. ~VA B. JONSON, ET ~", Tax Lien ~s requested in Plantiffs' ori~i~l petitio~ ~QUI~ PAINT ~D DIS~SS~ OF S~T AT LE~T ~ F~ ~ S~JECT PROPE~Y lS CONCERNED. FORb~ Co~mdtment-Schedule C Effective January 1, 1993