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1993-185E:\NPDOCS\ORD\MATZINGE ORDINANCE NO. AN ORDINANCE AUTHORIZING THE CITY MANAGER TO EXECUTE AN AGREEMENT BETWEEN THE CITY OF DENTON AND ROBERT HARDY MATZINGER AND WIFE, FRANCES LAMONS MATZINGER TO PURCHASE PROPERTY; AUTHORIZING THE EXPENDITURE OF FUNDS THEREFOR; AND PROVIDING AN EFFECTIVE DATE. THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS: SECTION I. That the City Manager is authorized to execute a Real Estate Contract between the City of Denton and Robert Hardy Matzinger and wife, Frances Lamons Matzinger for the purchase of property, under the terms and conditions contained in said agree- ment, which is attached hereto and made a part hereof, and is authorized to execute any other document which may be associated with the purchase of said property. SECTION II. That the City Council hereby authorizes the expenditure of funds in the amount of $122,700.00 for the purchase of said property and any closing costs, including the cost of property survey, as specified in the agreement. SECTION III. That this ordinance shall become effective immediately upon its passage and approval. PASSED AND APPROVED this the J?%ay of 1993. CASTLEBERRY, MA ATTEST: JENNIFER WALTERS, CITY SECRETARY 4 BY: nz'll Xt_d"L APPR ED AS TO LEGAL FORM: D "BRA A. DRAYOVITCH, CITY ATTORNEY BY( REAL ESTATE CONTRACT STATE OF TEXAS COUNTY OF DENTON THIS CONTRACT OF SALE is made by and between ROBERT HARDY MATZINGER and wife, FRANCES LAMONS MATZINGER (hereinafter referred to as "Seller") and CITY OF DENTON, TEXAS, a home rule municipali- ty, 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, the tract of land containing ap- proximately 5.00 acres of land situated in Denton County, Texas, being more particularly described in Exhibit A attached hereto and incorporated herein by reference for all purposes together with all and singular the rights and appurtenances pertaining to the prop- erty, including any right, title and interest of Seller in and to adjacent streets, alleys or rights-of-way (all of such real prop- erty, rights, and appurtenances being hereinafter referred to as the "Property"), together with any improvements, fixtures, and per- sonal 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 sum of ONE HUNDRED TWENTY-TWO THOUSAND SEVEN HUNDRED DOLLARS ($122,700.00). 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 trans- actions 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 pre- liminary title report (the "Title Report") 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 re- ceives the Title Report that the condition of title as set forth in the title binder is or is not satisfactory, and in the event Pur- chaser states the condition 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 and the Escrow Deposit shall be forthwith returned by the Title Company to Purchaser; otherwise, this con- dition shall be deemed to be acceptable and any objection thereto shall be deemed to have been waived for all purposes. 2. Survey. Upon written request by Purchaser delivered to Seller contemporaneously with Purchaser's delivery of an executed original of this Agreement, Seller shall within twenty (20) days from the date hereof, at Purchaser's sole cost and expense, deliver to Purchaser a current survey of the Property, prepared by a duly licensed Texas land surveyor acceptable to Purchaser. The survey shall be staked on the ground, and shall show the location of all improvements, highways, streets, roads, railroads, rivers, creeks, or other water courses, fences, easements, and rights-of-way on or adjacent to the Property, if any, and shall contain the surveyor's certification that there are no encroachments on the Property and shall set forth the number of total acres comprising the Property, together with a metes and bounds description thereof. Purchaser will have ten (10) days after receipt of the survey to review and approve the survey. In the event the survey is unacceptable, then Purchaser shall within the ten (10) day period, give Seller written notice of this fact. Seller shall, at Seller's option, promptly undertake to eliminate or modify the unacceptable portions of the survey to the reasonable satisfaction of Purchaser. In the event Seller is unable to do so within ten (10) days after receipt of written notice, Purchaser may terminate this Agreement, and the Agreement shall thereupon be null and void for all purposes and the Escrow Deposit shall be returned by the Title Company to Purchaser. Purchaser's failure to give Seller this written notice shall be deemed to be Purchaser's acceptance of the survey. 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: PAGE 2 1. There are no parties in possession of any portion of the Property as lessees, tenants at sufferance, or trespassers. 2. Except for the prior actions of Purchaser, there is no pending or threatened condemnation or similar proceeding or asses- sment affecting 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. 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 (RCTA), as amended, and the Comprehensive Environmental Response Compensation and Liability Act (CERCLA), as amended. In the event any such toxic or hazardous wastes or materials are found upon the Property, Seller shall be responsible for the expense of removal of these wastes or materials upon receipt of written notice of the presence of these wastes or materials. CLOSING The closing shall be held at the office of Denton County Title Company, Denton, Texas, on or before October 15, 1993, or at such time, date, and place as Seller and Purchaser may mutually agree upon (which date is herein referred to as the "closing date"). CLOSING REQUIREMENTS 1. Seller's Requirements. At the closing Seller shall: A. Deliver to Purchaser a duly executed and acknowledged General Warranty Deed conveying good and marketable title in fee simple 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. PAGE 3 B. Deliver to Purchaser a Texas Owner's Title Policy at Seller's sole expense, issued by Denton County Title Company, Denton, Texas, (the "Title Company") in Purch- aser's favor in the full amount of the purchase price, insuring Purchaser's fee simple title 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 Title Policy, 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 Seller; 2. The exception as to restrictive cove- nants shall be endorsed "None of Record"; 3. The exception as to the lien for taxes shall be limited to the year of closing and shall be endorsed "Not Yet Due and Payable"; and 4. The exception as to liens encumbering the Property shall be endorsed "None of Record". C. Deliver to Purchaser possession of the Property on or before January 1, 1994. From the date of Closing until January 1, 1994, Seller will be allowed to continue to reside in the house located at 4718 Foster Road, Denton, Texas, if he should desire. 2. Purchaser's Requirements. Purchaser shall pay the full cash purchase price to Seller at Closing in immediately available funds. 3. Closing Costs. Through the date of Closing, Purchaser shall only be responsible for the payment of taxes assessed by the City of Denton and, Seller shall pay all other taxes assessed by any other tax jurisdiction through the date of Closing. Any taxes imposed, assessed or arising because of a change of use of the Property after closing shall be paid by Seller, save and except taxes so imposed by the City of Denton, which taxes shall be paid by Purchaser. All other costs and expenses of closing in consummating the sale and purchase of the Property not specifically allocated herein shall be equally shared by Purchaser and Seller. PAGE 4 REAL ESTATE COMMISSION Any real estate commissions occasioned by the consummation of this Agreement shall be the sole responsibility of Seller, and Seller agrees to indemnify and hold harmless Purchaser from any and all claims for these commissions. BREACH BY SELLER In the event Seller shall fail to fully and timely perform any of its obligations hereunder or shall fail to consummate the sale of the Property except Purchaser's default, Purchaser may either enforce specific performance of this Agreement or terminate this Agreement. BREACH BY PURCHASER In the event Purchaser should fail to consummate the purchase of the Property, the conditions to Purchaser's obligations set forth in PURCHASER'S OBLIGATIONS having been satisfied and Purchaser being in default Seller may either enforce specific performance of this Agreement, or terminate this Agreement. MISCELLANEOUS 1. Assignment of Agreement. This Agreement may not be assigned by Purchaser without the express written consent of Seller. 2. Survival of Covenants. Any of the representations, war- ranties, covenants, and agreements of the parties, as well as any rights and benefits of the parties, pertaining to a period of time following the closing of the transactions contemplated hereby shall survive the closing and shall not be merged therein. 3. Notice. Any notice required or permitted to be delivered hereunder shall be deemed received when sent by United States mail, postage prepaid, certified mail, return receipt requested, addres- sed to Seller or Purchaser, as the case may be, at the address set forth beneath the signature of the party. 4. Texas Law to Apply. This Agreement shall be construed under and in accordance with the laws of the State of Texas, and all obligations of the parties created hereunder are performable in Denton County, Texas. 5. Parties Bound. This Agreement shall be binding upon and inure to the benefit of the parties and their respective heirs, executors, administrators, legal representatives, successors and assigns where permitted by this Agreement. PAGE 5 6. Legal Construction. In case any one or more of the pro- visions contained in this Agreement shall for any reason be held to be invalid, illegal, or unenforceable in any respect, said 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 Agreements Superseded. This Agreement constitutes the sole and only agreement of the parties and supersedes any prior understandings or written or oral agreements between the parties respecting the within subject matter. 8. Time of Essence. Time is of the essence in this Agreement. 9. Gender. Words of any gender used in this Agreement shall be held and construed to include any other gender, and words in the singular number shall be held to include the plural, and vice versa, unless the context requires otherwise. 10. Memorandum of Contract. Upon request of either party, both parties shall promptly execute a memorandum of this Agreement suitable for filing of record. 11. Compliance In accordance with the requirements of the Texas Real Estate License Act, Purchaser is hereby advised that it should be furnished with or obtain a policy of title insurance or Purchaser should have the abstract covering the Property examined by an attorney of Purchaser's own selection. 12. Time Limit. In the event a fully executed copy of this Agreement has not been returned to Purchaser within five (5) 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 day of SELLER 1993. „All ~y_ j i~it~.fsr ~N CZJr'z Gn2r2~ ROBERT HARDY MATZrINGER .~l v 4718 Foster Road, Denton, Texas 76208 PAGE 6 4718 Foster Road, Denton, Texas 76208 PURCHASER THE CITY Ok' DENTON, TEXAS By LLOYD V. HARRELL, City Manager 215 E. McKinney Street Denton, Texas 76201 STATE OF TEXAS COUNTY OF DENTON This instrument was acknowledged before me o1~ i Z Z ~ 93 by ROBERT HARDY MATZI GER and wife, FRANCES LAMONS MATZINGER. 1 „r< s r , ELIZABETH J. WILLIAMS MY COMMISSION EXPIRES fy~r.,', May 15, 1997 OTARS~ PUBLIC I "ND FOR TEXAS STATE OF TEXAS COUNTY OF DENTON his instrument is acknowledged before me, the on /GfY~i (3 by LLOYD V. HARRELL, City Manager, of the City of Denton, a municipal corporation, known to me to be the person and officer whose name is subscribed to the foregoing instrument and acknowl- edged to me that the same was the act of the said City of Denton, Texas, a municipal corporation, that he was duly authorized to perform the same by appropriate resolution of the City Council of the City of Denton and that he executed the same as the act of the said City for purpose and consideration therein expressed, and in the capacity therein stated. L Ctr_( Cttj., NO Y PUBLIC IN A D FOR TEXAS ATTEST: JENNIFER WALTEERS, CITY SECRETARY BY: 14~ a%V7 JEANETTE SCOTT NOTARY PUBLIC, STATE OF TEXAS My Commission Expires March 31, L997 PAGE EXHIBIT A ALL that certain lot, tract, or parcel of land situated in the G. Walker Survey A-1330 and being all of a tract as it exists on the ground and shown by Deed from W.A. Coyle and wife, Ruth Coyle to Robert H. Matzinger and wife Frances Matzinger dated October 14, 1968 and recorded in Volume 574, Page 77 Deed Records BEGINNING at a 3/8 inch iron pin set at the northeast corner of a "called" 42.5 acre tract to W.A. Coyle and wife Ruth Coyle recorded in volume 385, Page 177 Deed Records of Denton County, Texas THENCE south and with a fence part of the way 674.3 feet to a 3/8 inch iron pin found at the base of a cross-tie fence corner post (Deed calls south 674.3 feet with an existing fence to a steel pin) THENCE north 890 05' 41" west with a fence 323.18 feet to a 3/8 inch iron pin found at a cross-tie fence corner post (Deed calls north 890 44' west 323.0 feet to a steel pin) THENCE north 00 121 39" west with a fence 441.08 feet to a fence corner post (Deed calls north 674.3 feet) THENCE north 00 46' 47" east along a tree line 230.73 feet to a 3/8 inch iron pin set in the north line of the "called" 42.5 acre tract THENCE south 890 32' 15" east with the north line of the called 42.5 acre tract 321.63 feet to the Point of Beginning and containing 5.001 acres of land. AEE002B9 93 ~~s L WARRANTY DEED 61711 .®8 Date: October 18, 1993 Grantor: Robert H. Matzinger and wife, Frances Matzinger Grantor's Mailing Address: 4718 Foster Road, Denton (including county) Denton County, Texas 76208 Grantee: City of Denton, Texas Grantee's Mailing Address: 215 E. McKinney Street, Denton (including county) Denton County, Texas 76201 Consideration: TEN AND N01100 ($10.00) DOLLARS, and other good and valuable considerations, the receipt of which is hereby fully acknowledged. Property(including any improvements): All that certain lot, tract of parcel of land situated in the G. Walker Survey A-1330 and being all of a tract as it exists on the ground and shown by Deed from W. A. Coyle and wife, Ruth Coyle to Robert H. Matzinger and wife, Frances Matzinger dated October 14, 1968 and recorded in Volume 574, Page 77 of the Deed Records of Denton County, Texas and being more particularly described as follows: BEGINNING at a 3/8 inch iron pin at the northeast corner of a "called" 42.5 acre tract to W. A. Coyle and wife, Ruth Coyle recorded in Volume 385, Page 177, Deed Records, Denton County, Texas; THENCE South and with a fence part of the way 674.3 feet to a 3/8 inch iron pin found at the base of a cross-tie fence corner post (Deed calls south 674.3 feet with an existing fence to a steel pin); THENCE North 89° 05' 41" West with a fence 323.18 feet to a 3/8 inch iron pin found at a cross-tie fence corner post (Deed called North 89° 44' West 323 feet to a steel pin); THENCE North 000 12' 39" West with a fence 441.08 feet to a fence corner post (Deed calls North 674.3 feet); THENCE North 00° 46' 47" East along a tree line 230.73 feet to a 3/8 inch iron pin set in the north line of the "called" 42.5 acre tract; THENCE South 890 32' 15" East with the north line of the "called" 42.5 acre tract 321.63 feet to the POINT OF BEGINNING and containing 5.001 acres of land, MORE OR LESS. Exceptions to Conveyance and Warranty: 1. Easement from N. A. Lowe etux Bertha A. Lowe to Texas Power and Light Company, dated 1-18-45 recorded in Volume 316 Page 7 Deed Records, Denton County, Texas, and as shown on survey by Joy C. Green R.P.S. dated 9-24-93. 2. Oil and Gas Lease from N. A. Lowe etux Bertha Lowe to M. F. Ownes dated 1-26-51, recorded in Volume 365, Page 309, Deed Records, Denton County, Texas. Assignments recorded in volume 368, Page 534 and Volume 431, Page 392, Deed Records, Denton County, Texas. 3. Oil, Gas and Mineral from W. A. Coyle etux Ruth Coyle to H. E. Sullivan dated 2-25-60 recorded in Volume 455 Page 10 Deed Records, Denton County, Texas. Grantor, for the consideration and subject to the reservations from and exception 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 hold it to Grantee and Grantee's heirs, executors, administrators, successors, or assigns forever. Grantor binds Grantor and Grantor's heirs, executors, administrators, and successors to warrant and forever defend all and singular the property to Grantee and Grantee'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. Colo Pn K /d. 4,ai1C~ Robert H.Matzingee~J ~~(?"r V za-4k/lG Frances Matzinge STATE OF TEXAS § COUNTY OF DENTON § This nstr ment was acknowledged before me on this /6 day of 1993, by Robert H. Matzinger and Frances Matzinger. YNDA KNIGHT L MYCOmmisslan FxPlces Jnne n.1111 CQ After recording return to: CITY OF DENTON 215 E. MCKINNEY STREET DENTON, TEXAS 76201 No ry Pub i , tate of Texas Prepared in the Office of Minor & Jester P. O. Box 280 Denton, Texas 76202 .,;y,u~.~cwsnrao~.%a"-'c""'c'sro.~otabt+¢sr+t1 ~w« LYNDA KNIGH'i ol L*M o tary PUUlIC 1197 plsJune4,.4. QQQQ o a1,a 1 w I' }pYnC~IjyICryC~1~~r ~piHjrk ~{{Sp~2iht 5 ti, if~lI~~IIt1tFl3 fl~ qua Ni pr,{ is, UuYdldG ~u ttil~nlpphhYUl i{pluw7Mh UhV1;nwS~rdinHyAV9u eer:5gn Kidw611k a41"ZAMP tl tfeMn dri>" r ~~'+d ~41Y~1G~~~Q Q~101 hC MIICnli:NI ,v S04da{ . r{,T41410A0 OCT 19 1993 COUPoYY DEfJrON ^,OUNYY.'C[1N3 Filed for Record ins DENTON COUNTY, TX HONORABLE TIM HODGE8 /COUNTY CLERK On 1993/10/19 At 2 s 3GP Numbers 93-ROO74108 Type s WD 15.00