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1991-022rayzo NOTE County Court recorded original attached to 91-022 original ordinance ORDINANCE NO //:Qdo AN ORDINANCE AUTHORIZING AN EXCHANGE OF LAND BETWEEN THE CITY OF DENTON AND RAYZOR INVESTMENTS, LTD AS MORE PARTICULARLY DESCRIBED HEREIN, AND PROVIDING FOR AN EFFECTIVE DATE WHEREAS, the City of Denton and Rayzor Investments, Ltd have agreed to exchange property along the boundaries of North Lakes Park, and WHEREAS, the three tracts owned by the City of Denton are of such shape and size that they cannot be used independently under the City's current zoning and subdivision ordinances, and WHEREAS, the fair market value of the tracts to be conveyed by the City are equal to or less than the fair market value of the tract to be received by the City, as shown by an appraisal obtained by the City, and WHEREAS, the exchange is in compliance with the provisions of Section 272 001 of the Local Government Code and Article V of Chapter 2 of the Code of Ordinances, NOW, THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS SECTION I That upon execution of delivery by Rayzor Invest- ments, Ltd of a general warranty deed conveying to the City of Denton the tract of land containing approximately 2 581 acres, the Mayor is authorized to execute and deliver a quitclaim deed convey- ing to Rayzor Investments, Inc the three tracts of land containing approximately 2 268 acres of land SECTION II That this ordinance shall become effective immedi- ately upon its passage and approval PASSED AND APPROVED this the ~ day of rl' 1991 ATTEST JENNIFER WALTERS, CITY SECRETARY BY BOB CASTLEBERRY, APPROVB9 AS TO LEGAL FORM DEBRA A DRAYOVITCH, CITY ATTORNEY REAL PROPERTY HECO F)`S VOL 2 9 3 5 PGO 5 It I CERTIFICATE OF CITY SECRETARY 09978 THE STATE OF TEXAS COUNTY OF DENTON CITY OF DENTON I, the undersigned, City Secretary of the City of Denton, Texas (the "City") DO HEREBY CERTIFY that according to the records of the City of which I am custodian, that the fallowing is a true and accurate copy of Ordinance No 91-022 as approved by the Denton City Council on February 5, 1991 TO CERTIFY WHICH, witness my official signature and the seal of said City, this the 12th day of February , 19 911 ~F dMWR+" 1~ i ec etary Ci of nton, Texas 0469C rayzo VOL29315 iO42 ORDINANCE NO 1-DAC AN ORDINANCE AUTHORIZING AN EXCHANGE OF LAND BETWEEN THE CITY OF DENTON AND RAYZOR INVESTMENTS, LTD AS MORE PARTICULARLY DESCRIBED HEREINF AND PROVIDING FOR AN EFFECTIVE DATE , WHEREAS, the City of Denton and Rayzor Investments, Ltd have agreed to exchange property along the boundaries of North Lakes Park, and WHEREAS, the three tracts owned by the City of Denton are of such shape and size that they cannot be used independently under the City's current zoning and subdivision ordinances, and WHEREAS, the fair market value of the tracts to be conveyed by the City are equal to or less than the fair market value of the tract to be received by the City, as shown by an appraisal obtained by the City, and WHEREAS, the exchange is in compliance with the provisions of Section 272 001 of the Local Government Code and Article V of Chapter 2 of the Code of Ordinances, NOW, THEREFORE, THE COUNCIL OF THE CITY or DENTON HEREBY ORDAINS SECTION I That upon execution of delivery by Rayzor Invest- ments, Ltd of a general warranty deed conveying to the City of Denton the tract of land containing approximately 2 581 acres, the Mayor is authorized to execute and deliver a quitclaim deed convey- ing to Rayzor Investments, Inc the three tracts of land containing approximately 2 268 acres of land SE~TION II That this ordinance shall become effective immedi- ately upon its passage and approval PASSED AND APPROVED this the ? day of 1991 BOB CASTLEBERRY, ATTEST: JENNIFER WALTERS, CITY SECRETARY BY APPROVW AS TO LEGAL FORM DEBRA A DRAYOVITCH, CITY ATTORNEY BY J rY~`_ VOL 2 9 ,W-914 3 n~ ` u /1; ~v$ o Jea o o s 75 ri qm° ~ t o & r - ~ q J g l ' g J it iV C) aaa ~ ~ ~Cl1 c ..Y7 co L:) 0 ri O AN w cD Gti ~ y c m OS~F ca y A eW u UNO2~ e ~~m Z a~ kn ~L2-0 ' PG' , r REAL PROPERTY REGORDS QUITCLAIM DEED 09977 Date Grantor THE CITY OF DENTON Grantor's Mailing Address 215 East McKinney Denton, Texas 76201 Denton County Grantee RAYZOR INVESTMENTS, LTD Grantee's mailing address 1204 W University Dr, 4th Floor Denton, Texas 76201 1771 Denton County Consideration Ten and No/100 ($1000) Dollars and Other Good and Valuable Consideration Property (including any improvements) rrr et I ALL that certain lot, tract, or parcel of land lying and being situated in the N H Meisenheimer Survey A 811 and being part of a tract shown by deed to the City of Denton recorded in Volume 697, Page 207 Deed Records of Denton County, Texas and being more particularly described as follows COMMENCING at the northeast corner of said City of Denton tract, THENCE south 34o 39' 56" east a distance of 10391 ft, THENCE north 89o 00' 56" west a distance of 70 0 It, THENCE south Oo 48' 04" west a distance of 90 0 It , THENCE south 71o 26' 04" west a distance of 15 37 ft to the Point of beginning, THENCE north Oo 48' 04" east a distance of 24 43 ft to a point in the southerly right of way of Windsor Drive in a curve to left' whose radius is 484 52 It and central angle 27o 25' 59 , THENCE with said curve to the left, in a southwesterly direction a distance of 23198' to the P T of said curve, THENCE south 60o 25' 46 east a distance of 177 67 ft to a point where the southerly right of way line of Windsor Drive intersects the southeasterly line of said City of Denton tract, THENCE north 71o 26' 04 east with the southeasterly line of the City of Denton tract 395 82 It to the Point of Beginning and containing 0 265 acres of land 3293'1 PGj 11'u Tract 11 ALL that certain lot, tract, or parcel of land lying and being situated in the N H Meisenheimer Survey A 810 and being part of a tract shown by deed to the City of Denton, Texas recorded in Volume 697, Page 217 of the Deed Records of Denton County, Texas and being more particularly described as follows BEGINNING at the northwest corner of said City of Denton tract, THENCE south 4o 03' 04" west a distance of 1269 0 ft to a point for a corner, THENCE south 59o 56' 56" east a distance of 75 89 it to a point for a corner, THENCE north to 03' LO" east a distance of 1304 05 ft to the Point of Beginning and containing 0 994 acres of land Tract III ALL that certain lot, tract, or parcel of land lying and being situated in the N H Meisenheimer Survey A 810 and being part of a tract shown by deed to the City of Denton, Texas recorded in Volume 697, Page 217 of the Deed Records of Denton County, Texas and also a part of Lot 1, Block One of the North Lakes Fire Station Addition as recorded in Cabinet G, Page 330 of the Plat Records of Denton County, Texas and being more particularly described as follows COMMENCING at the northwest corner of said City of Denton tract, THENCE south to 03' 10 west a distance of 1846 39 ft to the Point of Beginning, THENCE south 540 03' 04 west a distance of 475 77 ft to the most southerly northeast corner of said North Lakes Fire Station Addition, THENCE south 88o 03' 56" east with the easterly extension of the north line of North Lakes Fire Station Addition a distance of 380 0 it to a point for corner, THENCE north 10 03' 10 east a distance of 29218 ft to the Point of Beginning and containing 1 274 acres of land Reservations from and Exceptions to Conveyance and Warranty All easements and rights of way filed of record In the deed records of Denton County For the consideration Grantor quitclaims to Grantee all of Grantor's right, title, and interest in and to the property, to have and to hold it to Grantee, Grantee's heirs, executors, administrators, successors, or assigns forever Neither Grantor nor Grantor's heirs, executors, administrators, successors, or assigns shall have, claim, or demand any right or title to the property or any part of it When the context requires, singular nouns and pronouns include the plural PAGE 2 O(~~ J, THE CITY OF DENTON By STATE OF TEXAS COUNTY OF DEN TON CASTLEBERRY, MAYOR PG This instrument was acknowledged before me on the .S tk day of 19_J/ by Bob Castleberry, Mayor of the City of Denton, Texas, a municipal corporation of the State of Texas, on behalf of said corporation Ir q fro C! /ir.f/~K ELIIA9ETNdWILLIAMS lNotar/y%Public, State Texas Navy PoA9o STATE OF TEXAS My Comm Exp May 16 1993 AFTER RECORDING RETURN TO Razor Investments, Ltd 1204 W University Dr, 4th Floor Denton, Texas 76201 1771 PAGE 3 OL?~'j`) PG 44\` Ct JV o N N O rwN'~% o .JT [7 ti`s= P~ 4.,.) CO mb. 7 + L~ v ~ _r"'~ -O 7 0.,t~1 ~g.TZ _M I .wY w mNYSh ~m n eu f t l n "Al 1l 1 (7 r ~ C w ~ ~ o ~ r e d c m ux m°Q Y o W % t> to c 0Nn z ~ t8- ~mm z K2-935 PG)") ? REAL PROPLkp~ i Lt n"r, WARRANTY DEED 0997$ Date Grantor RAYZOR INVESTMENTS, LTD Grantor's Mailing Address 1204 W University Dr, 4th Floor Denton, Texas 76201 1771 Denton County Grantee THE CITY OF DENTON Grantee's mailing address 215 East McKinney Denton, Texas 76201 Denton County Consideration Ten and No/100 ($1000) Dollars and Other Good and Valuable Consideration Property (including any Improvements) ALL that certain lot, tract, or parcel of land lying and being situated in the N H Meisenheimer Survey A 811 Denton County, Texas and being part of a tract shown by deed to Jesse Newton Rayzor recorded in Volume 454, Page 659 Deed Records of Denton County, Texas and being more particularly described as follows COMMENCING at the northwest corner of a tract shown by deed to the City of Denton recorded in Volume 697, Page 217 Deed Records of Denton County Texas, THENCE south to 03' 10" west a distance of 1304 05 ft to the Point of Beginning, THENCE south 590 56' 56 east a distance of 47411 B to a point for corner, THENCE south 54o 03' 04" west a distance of 519 23 It to a point for corner, THENCE north to 03' 10 east a distance of 54234' to the Point of Beginning and containing 2 581 acres or land Reservations from and Exceptions to Conveyance and Warranty All easements and rights of way filed of record in the deed records of Denton County Grantor, for the consideration 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 hold it to Grantee, 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 OL293r Pc,°) 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 RAYZOR RAMW INVESIMENTS, LTD _ By litle President The Rayzor Company, General Partner STATE OF TEXAS COUNTY OF DENTON This instrument was acknowledged before me on the1 Ltflay of januarv 1991 by J Newton RayzorNf President of The Ravzor Company, a Texas Corporation, Managing. General Partner of Ica Ravzor Investments Ltd otxdm,on behalf of said corporation p~'`~ Gladys 5 Leatherwood~ s p~Wy y~ Commis^ on E xpireb No ry lifiblic, State of Texas January 18 1991 AFTER RECORDING RETURN TO City of Denton Office of the City Attorney 215 E McKinney Denton, Texas 76201 PAGE 2 SPECIAL WARRANTY DEED Date Grantor City of Denton, Texas Grantor's Mailing Address (including county) Municipal Building 215 East McKinney Denton, Denton County, Texas 76201 Grantee NCNB Texas National Bank, Trustee Grantee's Mailing Address (including county) 901 Main Street, 20th Floor P O Box 831500 Dallas, Dallas County, Texas 75283-1500 Consideration Tan Dollars and No Cents ($10 00) and other good and valuable consideration Property (including any improvements) 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 C Poulallier Survey, Abstract No 1006 and being part of tract conveyed to the City of Denton by deed recorded in Volume 2423, Page 154 Real Property Records and also being part of two tracts conveyed to the State of Texas by deeds recorded in Volume 400, Page 341 and Volume 400, Page 334, Deed Records, Denton County, Texas and being more particularly described as follows BEGINNING at the northeast corner of the herein described tract, said point lying in the south line of F M 2181 (Teasley Lane), a public roadway with a right-of-way of 90 0 feet and the west line of Lillian Miller Parkway, a public roadway with a right-of-way of 90 0 feet, THENCE south 1° 04' 17" east along the east boundary line of the herein described tract, same being the west line of F M 2181 (Teasley Lane), passing at 285 79 feet the northeast line of the old curve portion of F M 2181 (Teasley Lane) right-of-way and continuing a total distance of 575 43 feet to a point for corner, PAGE 1 said point lying in the southwest right-of-way line of the old curve portion of F M 2181 (Teasley Lane), same being the northeast boundary line of a tract conveyed to First National Bank by deed recorded in Volume 718, Page 57, Deed Records of Denton County, Texas, said point also being the beginning of a curve to the left having a radius of 671 20 feet, a central angle of 66 33' 541, and a chord bearing and distance of north 41° 00' 11" west, 736 66 feet, THENCE northeasterly along said curve and lines an-arc length of 779 78 feet to a point for a corner, THENCE north 70° 12' 43" east along the south line of F M 2181 (Teasley Lane) a distance of 62 74 feet to a point for corner, THENCE south 89 44' 37" east continuing along the south line of F M 2181 (Teasley Lane) passing at 126 36 feet the northeast line of the old curve portion of F M 2181 (Teasley Lane) right-of-way and continuing a total distance of 413 54 feet to the place of beginning and containing 1 962 acres of land, more or less Reservations from and Exceptions to Conveyance and Warranty Grantor, for the consideration 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 hold it to Grantee, 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 claim is by, through, or under Grantor but not otherwise When the context requires, singular nouns and pronouns include the plural CITY OF DENTON, TEXAS BY BOB CASTLEBERRY, PAGE 2 THE STATE OF TEXAS § COUNTY OF DALLAS § This instrument was acknowledged before me on this the P,,t- day of Y1Lczu~s•~~b. 1991 by Bob Castleberry, Mayor of the City of Denton, 'texas, a municipal corporation, on behalf of said corporation n d +err ru ELIIASEETHJWWIILLLIAMS IM. P"bW 7 l+ + STA TE OF TEXAS Rota4ey ubli , State of Texas fJ' ar K+a My Cam Exp M9y 18 1983 city PAGE 3 EXHIBIT •A• All that certain lot, tract, or parcel of land situated in Denton County, Texas in the C Poulallier Survey A-1006 and being all of a tract shown by deed to FIRST NATIONAL BANK, TRUSTEE recorded in Volume 718, Page 57 Deed Records of Denton County Texas and part of a tract deeded to the State of Texas recorded in Volume 400, Page 334 Deed Records and also part of a tract shown by deed to the City of Denton, Texas recorded in Volume 2423, Page 154 Real Property Records and being more particularly described as follows: COMMENCING at the northwest corner of said First National Bank tract and in the existing southerly right-of-way line of F M 21811 THENCE south 10 10' 050 east a distance of 334.0' to a point for a corner; THENCE south 240 23' 00' east a distance of 123 63' to a point for a corner; THENCE south 10 10' 05• east a distance of 224.27' to the Point of Beginningl THENCE north 880 49' 550 east a distance of 220.0' to a point for a corners THENCE north 10 10' 050 west a distance of 10 0' to a point for a corner; THENCE north 880 494 550 east a distance of 273 17' to a point on the west right-of-way of Lillian Miller Parkways THENCE south 10 10' 054 east with the west right-of-way of Lillian Miller Parkway a distance of 40.0' to a point for a corner; THENCE south 880 49' 554 west a distance of 493.17' to a point for a cornet in the most easterly west line of said 'First National Bank• tract to a poiint for a corner; THENCE north 10 10' 050 west a distance of 30.0' to the Point of Beginning and containing 0.402 acres of land. 0707E/70 THE STATE OF TEXAS § GRANT OF ACCESS EASEMENT COUNTY OF DENTON § This Agreement, made the .:~day of iAj"Ld 1991, is between NCNB Texas National Bank, Trustee, (for rly First National Bank in Dallas), "NCNB", and the City of Dent , Texas, a municipal corporation of the State of Texas, "City" RECITALS 1 NCNB is the owner of a certain parcel of land situated in Denton County, Texas, being all of a tract shown by deed to First National Bank, Trustee, recorded in Volume 718, Page 57 of the Deed Records of Denton County, Texas 2 NCNB and the City have executed a contract for the exchange of real property by which NCNB has agreed to convey to the City a certain parcel of land, consisting of 2 8304 acres of the tract described in the above paragraph, in exchange for the City's conveyance to NCNB of a certain parcel of land adjacent thereto and being part of a tract conveyed to the City by deed recorded in Volume 2423, Page 154, Real Property Records and also being part of two tracts conveyed to the state of Texas by deeds recorded in Volume 400, Page 341 and Page 334, Deed Records, Denton County Texas 3 The parcels described in Paragraphs 1 and 2 are contiguous so that the southerly line of the lot of NCNB's property is iden- tical and co-extensive with the northerly line of the property that NCNB has agreed, for valuable consideration, to convey to the City NCNB has agreed to grant a perpetual easement over a portion of its real property to provide for joint driveway access so that the City has adequate vehicular access to any improvements it may construct upon the property. GRANT In consideration of the payment of one Dollar ($1 00) and other good and valuable consideration, receipt of which is hereby acknow- ledged, NCNB hereby grants the City of Denton a perpetual easement for vehicular access use on, over, and across that portion of the tract and parcel of real property owned by NCNB, as described in Exhibit "A", attached hereto and incorporated by reference herein This grant of easement shall run with the land and shall be binding on and shall inure to the benefit of the parties, their heirs, successors, or assigns NCNB TEXAS NATIONAL BANK, TRUSTEE BY _ TITLE THE STATE OF TEXAS § COUNTY OF DALLAS 3 This instrument was acknowledged before me on this the day of , 1991 by , of NCNB Texas National Bank, a Texas corporation, on behalf of said corporation Notary Public, State of Texas grant PAGE 2 WARRANTY DEED Date Grantor NCNB Texas National Bank, Trustee (formerly First National Bank in Dallas) Grantor's Mailing Address (including county) 901 Main Street, 20th Floor P O. Box 831500 Dallas, Dallas County, Texas 75283-1500 Grantee City of Denton, Texas Grantee's Mailing Address (including county) Municipal Building 215 East McKinney Denton, Denton County, Texas 76201 Consideration Ten Dollars and No Cents ($10 00) and other good and valuable consideration Property (including any improvements). All that certain lot, tract, or parcel of land situated in Denton County, Texas in the C Poulallier Survey, A-1006 and being part of a tract shown by deed to First National Bank, Trustee, recorded in Volume 718, Page 57 Deed Records of Denton County, Texas and being more particularly described as follows at the southeast corner of said First National Bank tract, THENCE south 880 49' 55" west with the south line of said First State Bank tract 493.17' to its southwest corner, THENCE north 10 10' 05" west a distance of 250 0 feet to a point for a corner; THENCE north 880 49' 55" east a distance of 493 17' to a point in the westerly right-of-way line of F M. 2181, PAGE 1 THENCE south 10 10' 05" east a distance of 250 0' to the Point of Beginning and containing 2 8304 acres of land Reservations from and Exceptions to conveyance and warranty Grantor, for the consideration 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 hold it to Grantee, 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 when the context requires, singular nouns and pronouns include the plural. NCNB TEXAS NATIONAL BANK, TRUSTEE BY Title THE STATE OF TEXAS t COUNTY OF DALLAS § This instrument was acknowledged before me on this the day of , 1991 by of NCNB Texas National Bank, Trustee-,-a Texas corporation, on behalf of said corporation Notary Public, State of Texas PAGE 2