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1992-057 ORDINANCE NO ~ AN ORDINANCE VACATING AN ELECTRIC UTILITY EASEMENT RECORDED IN VOLUME 1473, PAGE 615 OF THE REAL PROPERTY RECORDS OF DENTON COUNTY, TEXAS, AND PROVIDING FOR AN EFFECTIVE DATE WHEREAS, the City of Denton has received a request for abandonment of an electric utility easement upon property presently owned by Paces Crossing Ltd , a Texas Limited Partnership, and First Denton Ltd , the prospective purchaser of said property, WHEREAS, the City Council of the City of Denton has determined that the easement requested to be vacated is no longer needed for public use, and WHEREAS, the fair market value of the easement has been deter- mined and received, as required by section 272 001 of the Local Government Code and DENTON, TEX , CODE ch 2 art IV (1991), NOW THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS SECTION I That an electric utility easement recorded in vol- ume 1473, Page 615 of the Real Property Records of Denton County, Texas, as described in Exhibit "A", attached hereto and incorpo- rated herein by reference, is permanently vacated and extinguished as an easement for electric utilities SECTION II That by reason of such vacation the City of Denton's property interest in the easement shall by operation of law, revert to the owner or owners abutting the easement herein abandoned and the City of Denton releases any and all claims to the use of the property as an easement for public utilities SECTION III That this ordinance shall become effective imme- diately upon its passage and appro~ ~ PASSED AND APPROVED this the ~ ' day of , 1992 BOB CASTLEBERRY, MAY7 ~ Page ATTEST JENNIFER WALTERS, CITY SECRETARY APPROVED AS TO LEGAL FORM DEBRA A DRAYOVITCH, CITY ATTORNEY ALL001A0\1705 7 2h Page 2 EXHIBIT A ALL that certain lot, tract or parcel of land lying and being situated in the city and County of Denton, State of Texas, and being part of the J McGowan Survey, Abstract 797 and being part of a tract of land as conveyed from Johnnle W Richards and wife, Constance Jean Richards to Jackle T Brown and wife, Leta Nell Brown by deed dated March 19, 1965 and recorded in Volume 521, Page 129 of the Deed Records of Denton County, Texas and being all of that electric utility easement tract conveyed from Jackie T Brown and wife, Leta Nell Brown to the City of Denton, Texas by deed dated February 21, 1974 and recorded in Volume 1473, Page 615 of the Real Property Records of Denton County, Texas and more particularly described as follows BEGINNING at the southwest corner of said Brown tract, said point of beginning lying in the northeast right-of-way line of Interstate Highway I35E and also being the southeast corner of a tract of land conveyed from W E Slngleton to T E Marshall by deed dated September 24, 1944 and recorded in Volume 292, Page 488 of the Deed Records of Denton County, Texas, THENCE north 40° 53' east along the west boundary line of said Brown tract a distance of 223 60 feet to a point for corner, said point lying in the east boundary line of said McGowan Survey, THENCE south 01° 28' east along the east boundary line of said McGowan Survey a distance of 23 75 feet to a point for corner, THENCE south 40° 53' west 16 feet southeast of and parallel with the west boundary line of said Brown tract a distance of 218 72 feet to a point for corner in the southwest boundary line of said Brown tract, same being the northeast right-of-way line of Interstate Highway 35E, THENCE north 39~ 38' west along the southwest boundary line of said Brown tract, same being the northeast right-of-way line of Interstate Highway 35E, a distance of 16 22 feet to the POINT OF BEGINNING and containing 3,661 33 square feet of land AEE00015 AN oRD~vACA~AN ELECTRIC UTILITY EASEMENT RECORDED IN VOLUME~ PAGE f6~OF THE REAL PROPERTY RECORDS OF DENTON COUNTY¥ TEXAS, AND ~OVIDING FOR AN EFFECTIVE DATE WHEREAS, the City of Denton has received a request for abandonment of an electric utility easement upon property presently owned by Paces Crossing Ltd , a Texas Limited Partnership, and First Denton Ltd , the prospective purchaser of said property, WHEREAS, the City Council of the City of Denton has determined that the easement requested to be vacated is no longer needed for public use, and WHEREAS, the fair market value of the easement has been deter- mined and received, as required by section 272 001 of the Local Government Code and DENTON, TEX , CODE ch 2 art IV (1991), NOW THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS SECTION I That an electric utility easement recorded in vol- ume 1473, Page 615 of the Real Property Records of Denton County, Texas, as described in Exhibit "A", attached hereto and incorpo- rated herein by reference, is permanently vacated and extinguished as an easement for electric utilities r That by reason of such vacation the City of Dent ty interest in the easement shall by operation of law, revert to the owner or owners abutting the easement herein abandoned and the City of Denton releases any and all claims to the use of the property as an easement for public utilities SE~ That this ordinance shall become effectlve ~mme- d~ately upon ~ts passage and approval PASSED AND APPROVED this the 77~day of ~~/ 1992 ~ ' Page i ~ VOL 3 I 9 9 P~O 7 ~. I ATTEST JENNIFER WALTERS, CITY SECRETARY APPROVED AS TO LEGAL FORM DEBRA A DRAYOVITCH, CITY ATTORNEY ALL001A0\1705 7 2h Page 2 EXHIBIT A ALL that certain lot, tract or parcel of land lying and being situated in the City and County of Denton, State of Texas, and being part, of the J McGowan Survey, Abstract 797 and being part of a tract of land as conveyed from Johnnle W Richards and wife, Cq~stance Jean Richards to Jackle T Brown and wife, Leta Nell Brown by deed dated March 19, 1965 and recorded in Volume 521, Page 129 or-the Deed Records of Denton County, Texas and being all of that e~l%~tric utility easement tract conveyed from Jackie T Brown add w~e, Leta Nell Brown to the City of Denton, Texas by deed dated ~eb-ruary 21, 1974 and recorded in Volume 1473, Page 615 of the R~al Property Records of Denton County, Texas and more particularly described as follows BEGINNING at the southwest corner of said Brown tract, said point of beginning lying in the northeast right-of-way line of Interstate Highway I35E and also being the southeast corner of a tract of land conveyed from W E Singleton to T E Marshall by deed dated September 24, 1944 and recorded in Volume 292, Page 488 of the Deed Records of Denton County, Texas, THENCE north 40° 53' east along the west boundary line of said Brown tract a distance of 223 60 feet to a point for corner, said point lying in the east boundary line of said McGowan Survey, THENCE south 01° 28' east along the east boundary line of said McGowa~ Survey a distance of 23 75 feet to a point for corner, THENCE south 40° 53' west 16 feet southeast of and parallel with the west boundary line of said Brown tract a distance of 218 72 feet to a point for corner in the southwest boundary line of said Brown tract, same being the northeast right-of-way line of Interstate Highway 35E, THENCE north 39° 38' west along the southwest boundary line of said Brown tract, same being the northeast right-of-way line of Interstate Highway 35E, a distance of 16 22 feet to the POINT OF BEGINNING and containing 3,661 33 square feet of land AEE00015 l)p__.~-roAJ,,T Y 7caol