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~`_
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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
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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