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2012-127s:llegallour documentslordinances1121duncan acquisition ordinance.doc ORDINANCE NO. 2� 12-127 AN ORDINANCE FINDING THAT A PUBLIC USE AND NECESSITY EXISTS TO ACQUIRE FEE SIMPLE TO A 1.364 ACRE TR.ACT SITUATED IN THE M.E.P. & P.R.R. COMPANY SURVEY, ABSTRACT NO. 927, LOCATED IN THE CITY OF DENTON, DENTON COUNTY, TEXAS, AS MORE PARTICULARLY DESCRIBED ON EXHIBIT "A", ATTACHED HERETO AND MADE A PART HEREOF, LOCATED GENERALLY 1N THE 1000 BLOCK OF SOUTH MAYHILL ROAD (THE "PROPERTY INTERESTS"), FOR THE PUBLIC USE OF EXPANDING AND IMPROVING MAYHILL ROAD, A MUNICIPAL STREET AND ROADWAY; AUTHORIZING THE CITY MANAGER OR HIS DESIGNEE TO MAKE AN OFFER TO J.G. DUNCAN AND WIFE, FRANCES DUNCAN (COLLECTIVELY, THE "OWNER") TO PURCHASE THE PROPERTY 1NTERESTS FOR THE PURCHASE PRICE OF EIGHTY THREE THOUSAND SIX HUNDRED EIGHTY DOLLARS AND NO CENTS ($83,680.00), AND OTHER CONSIDER.ATION, AS PRESCRIBED IN THE PURCHASE AGREEMENT (THE "AGREEMENT"), AS ATTACHED HERETO AND MADE A PART HEREOF AS EXHIBIT "B"; AUTHORIZING THE EXPENDITURE OF FUNDS THEREFOR; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, after due consideration of the public interest and necessity and the public use and benefit to accrue to the City of Denton, Texas; NOW, THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS: SECTION 1. The City Council finds that a public use and necessity exists, and that the public welfare and convenience require, the acquisition of the Property Interests by the City of Denton, Texas (the "City"). The City Council hereby finds and determines that the acquisition of the Property Interests is necessary for public use to provide street and roadway expansion and improvements to serve the public and the citizens of the City of Denton, Texas. SECTION 2. The City Manager, or his designee, is hereby authorized to make a formal offer to the Owner to purchase the Property Interests from the Owner. SECTION 3. The City Manager, or his designee, is hereby authorized to (a) execute for and on behalf of the City (i) the Agreement, by and between the City and Owner, in the form attached hereto and made a part hereof as Exhibit "B", with a purchase price of $83,680.00 and other consideration, plus costs and expenses, all as prescribed in the Agreement; and (ii) any other documents necessary for closing the transaction contemplated by the Agreement; and (b) to make expenditures in accordance with the terms of the Agreement. SECTION 4. The City Manager, or his designee, is directed, by certified mail, return receipt requested, to disclose to Owner any and all appraisal reports produced or acquired by the City relating specifically to the Owner's property and prepared in the 10 years preceding the date of the offer made by the Agreement. SECTION 5. The offer to Owner shall be made in accordance with all applicable law. SECTION 6. If any section, article, paragraph, sentence, phrase, clause or word in this ordinance, or application thereof to any persons or circumstances, is held invalid or unconstitutional by a court of competent jurisdiction, such holding shall not affect the validity of the remaining portions of this ordinance; the City Council declares that it would have ordained such remaining portion despite such invalidity, and such remaining portion shall remain in full force and effect. SECTION 7. This ordinance shall become effective immediately upon its passage and approval. PASSED AND APPROVED this the JF�� day of � , 2012. MARK A. BURROUGHS, MAYOR ATTEST: JENNIFER WALTERS, CITY SECRETARY � By: APPROVED AS TO LEGAL FORM: ANITA BURGESS, CITY ATTORNEY By: � �-�" � ' • � � • EXHIBIT "A" - to Ordinance (Property Interests) rthur Surveying Co., I nc. . Pxo.t'ess�ox.�a.Y �,�xa!d Sursre,y�rs P.O. Box 54 -- T,awisville, Texas 75067 Ofiico: (9'72) 221-9439 •� Fax: (972) 221-4675 EXHIBIT "A" MAYHILL ROAD RIGHT-OF-WAY PARCEL M100 1.364 Acres City of Denton, Denton County, Texas BEING all that certain lot, tract or parcel of land situated 'm the M.E.P. & P.R.R Co. Survey, Abstract Number 927, City of Denton, Denton County, Texas, and being part of a tract of land described by deed to J. G. Duncan and wife, Frances Duncan, recorded in Volume 509, Page 327, Deed Records, Denton County, Texas (D.R.D.C.T.), and being more particularly described as follows: BEGINNING at a"PK" nail set in the existing Mayhill Road for the southcast corner o£ said Duncan tract; THENCE South 89 degrees 46 minutes 34 seconds West, with the south line of said Duncan tract, a distance of 98.95 feet to a 1/2 inch iron rod with yellow cap stamped "Arthur Surveying Company" (A.S.C.) set foc corner in the south line of said Duncan tract and the north line of a tract of land described by deed to Carl K. Clay, recorded in Volume 1149, Page 518, D.R.D.C.T.; THENCE North 02 degrees 38 minutes 08 seconds East, over and across said Duncan tract, a distance of 116.47 feet to a 1/2 inch iron rod with yellow cap stamped "A.S.C." set for corner at the beginning of a curve to tha left, having a radius of 9932.50 feet; THENCE over and across said Duncan iract, with said curve to the left, having a central angle of 00 degrees 47 minutes 26 seconds, whose chord bears North 02 degrees 14 minutes 25 seconds East at 137.04 feet, an arc length of 137.05 feet to a 1/2 inch iron rod with yellow cap stamped "A.S.0 °' set for corner; THENCE North Ol degrees 50 minutes 42 seconds East, over and acxoss said Duncan tract, a distance of 351.72 feet to a 1/2 inch iron rod with yellow cap stamped "A.S.C." set for corner in the north line of said Duncan tract and the occupied south line of Bridges Road; THENCE North 89 degrees 22 minutes 18 seconds East, with ihe north line of said Duncan tract and the occupied south line of said Bridges Road, a distance of 99.21 feet to a"PK" nail set for corner in said Mayhill Road; THENCE South 02 degrees 06 minutas 31 seconds West, with the east lina of said Duncan tract, and in Mayhill Road, a distance of 605.94 feet to the POINT OF BEGINNING and containing 1.364 acres of land, of which 0.431 acre lies within existing Mayhill Road. ����� ��: N�'`_ � 3„ i'�Ui�0..F1� � ,,e,,,,.>.,... .e, . � r '� � ''�e�- ' y � . , ' ly;.. � �" � ��~�"_. �� , ,� � C1107131-21 Parcel M100 Posted A� B(RpW d c��ts not fOd) R.F. ��__ _� �C M.) S89 22'18"W EXHIBIT "A" - to Ordinance (Property Interests) I.R.F. N89°22'1 � nn nYl —5EC of Lot 2R, Block 3 Gofden 1'ricnqle Indusfrial Park Instr. No. 2010, Pg. 86 � ' 251.79' � � �� ' � I 100 0 50 100 '� ' v � SCALE: 1" =100' Bearings shown hereon based on the City of � � � ^ Denton GIS Network. h � '••� `" � � O� � � � �� � oT�s: I.R.F. ° 1/2" IronRodFound '� f1 'd • I.R.S, = 1/2" Iron Rod Set with o� a a yellow cap stamped "Arthur Z � e ,� Surveying Company" v �� �� • All improvements not shown hereon. �� � � � �� ¢�"� °' �O �i Cl I � � � ,�"�?.� R=9932.50' -�• M- M M- M -N�M --- N � m. L=137.05' J. G. Duncan and wife, � i Frances Dunoan i� o D=00°47'26" Volume 509, Page 327 �,�� 1.R.S. I� �� Chd=NO2°14'25"E „ 137.04' i A exfsting i � reslden.� �' ' ,`1 New Right-of-way 0.933 ac. (40,646) ,�9 CI' � Existing Itnplied Dedication 0.431 ac. (18,770 sq. ft,) �� 1.364 Acres (s9,416 sq. ft.) Right-of-Way � _x_„_K� _%_x � Parcel M100 '�'� f.R.S. � �� . � � U �0 � ya � � �I :� &� `�� ° � °� � � — — _ _ Z ►.R.S _ S89°463�' Carl K Clay 98•� Volume 1149, Page 618 11 11 � EXHIBIT B Ma�rhill Road Ri �h.t--of—Way Parcel M140 1.364 Acres M.E.P. & P.R.R. Co. Survey, Abstract Number 927 City of Denton Denton County, Texas -- 2011 -- rthur Surve�ing Co., Inc. rro�o�r r.�a s�.y+�� P.O.Bog 64 — Lewisville, Tesas 76067 OPfice: (972) 221-9439 Fag: (972) 221-487C Eetatbliahed 1986 PURCHASE AGREEMENT NOTICE YOU, AS OWNER OF THE PROPERTY (AS D�FINED BELOV�, HAVE THE RIGHT TO: (1) DISCUSS ANY OFFER OR AGREEMENT REGARDING THE CITY OF DENTON'S ACQUISITION OF THE PROPERTY WITH OTHERS; OR (2) KEEP THE OFFER OR AGREEMENT CONFIDENTIAL, UNLESS THE OFFER OR AGREEMENT IS SUBJECT TO CHAPTER 552, GOVERNMENT CODE. THIS PURCHASE AGREEMENT (the "Agreement") is dated � , 2012, but effective as of the date provided below, between the J.G. Duncan and wife, Frances Duncan (collectively referred to herein as "Owner") and the City of Denton, Texas ("City"). WITNESSETH: WHEREAS, J.G. Duncan and wife, Frances Duncan, is the Owner of a tract of land (the "Land") in the M.E.P. & P.R.R. Co. Survey, Abstract Number 927, being affected by the public improvement project called the Mayhill Road Widening and Improvements Project ("Project"); and WHEREAS, City is in need of certain fee simple lands, being a part of the Land, related to the Proj ect; and WHEREAS, it is desirous of both parties to stipulate and agree to the terms and conditions associated with the purchase of the necessary real property interests for the Project; NOW, THEREFORE, for Ten and No/100 Dollars ($10.00), and other good and valuable consideration, the receipt and adequacy of which is hereby acicnowledged, the parties agree as follows: 1. A. At Closing, the Owner shall grant, execute, and deliver to the City a Special Warranty Deed (herein so called), conveying to the City, subject to the reservations described below, the tract of land being described in Exhibit "A" and depicted in Exhibit "B" to that certain Special Warranty Deed, and other interests as prescribed therein (the "Fee Lands"), the Special Warranty Deed being attached hereto as Attachment 1 and made a part hereof, The Special Warranty Deed shall be in the form and upon the terms as attached hereto and incorporated herein as "Attachment 1" B. Owner, subject to the limitation of such reservation made herein, shall reserve, for themselves, their heirs, devisees, successors and assigns all oil, gas and other minerals in, on and under and that may be produced from the Fee Lands. Owner, their heirs, devisees, successors and assigns, shall not have the right to use or access the surface of the Fee Lands, in any way, manner or form, in connection with or related to the reserved oil, gas, and other minerals and/or related to exploration and/or production of the oil, gas and other minerals reserved herein, including without limitation, use or access of the surface of the Fee Lands for the location of any well or drill sites, well bores, whether vertical or any deviation from vertical, water wells, pit areas, seismic activities, tanks or tank batteries, pipelines, roads, electricity or other utility infrastructure, andJor for subjacent or lateral support for any surface facilities or well bores, or any other infrastructure ar improvement of any kind or type in connection with or related to the reserved oil, gas and other minerals, and/or related to the exploration or production of same. As used herein, the term "minerals" shall include oil, gas and all associated hydrocarbons, and shall exclude (i) all substances that any reasonable extraction, mining or other exploration and/or production method, operation, process or procedure would consume, deplete or destroy the surface of the Fee Lands; and (ii) all substances (except oil and gas) which are at or near the surface of the Fee Lands. The intent of the parties hereto is that the meaning of the term "minerals" as utilized � herein, shall be in accordance with that set forth in Reed v. Wylie, 597 S.W.2d 743 (Tex. 1980). As used herein, the term "surface of the Fee Lands" shall include the area from the surface of the earth to a depth of five hundred feet (500') below the surface of the earth and all areas above the surface of the earth. 2. As consideration for the granting and conveying of the Fee Lands to the City, the City shall pay to Owner at Closing the sum of Eighty Three Thousand Six Hundred Eighty and No/100 Dollars ($83,680.00). The monetaxy compensation prescribed in this Section 2 is herein referred to as the "Total Monetary Compensation". 3. The Owner shall convey and grant to the City the Fee Lands free and clear of all debts, liens and other encumbrances (the "Encumbrances"). The Owner sha11 assist and support satisfaction of all closing requirements of the City in relation to solicitation of releases or subordinations of the Encumbrances and other curative efforts affecting the Fee Lands, if necessary in the discretion of the City. In the event that all Encumbrances are not cured to the satisfaction of City prior to Closing, such shall not be a default hereunder, although Owner may otherwise be in default under Section 10, � below. However, if the Encumbrances are not cured as provided herein, City has the option of either (i) waiving the defects related to the remaining Encumbrances by notice in writing to Owner on or prior to the Closing Date, upon which the remaining Encumbrances shall become Permitted Exceptions (herein so called), and proceed to close the transaction contemplated by this Agreement; or (ii) terminating this Agreement by notice in writing to Owner, in which latter event Owner and City shall have no further obligations under this Agreement. 4. Owner stipulates that the Total Monetary Compensation payment constitutes and includes all compensation due Owner by City related to the Project, including without limitation, any damage to or diminution in the value of the remainder of Owner's property caused by, incident to, or related to the Project, value of, damage to and/or costs of repair, replacement and/or relocation of any improvements, turf, landscape, vegetation, or any other structure or facility of any kind within the Fee Lands related to activities conducted pursuant to the City ownership of the Fee Lands, interference with Owner's activities on other property interests of Owner, caused by or related to 3 activities related to the Proj ect on the Fee Lands, whether accruing now or hereafter, and Owner hereby releases for themselves, their heirs, devisees, successors and assigns, the City, it's officers, employees, elected officials, agents and contractors from and against any and all claims they may have now or in the future, related to the herein described matters, events and/or damages. 5. The Closing (herein so called) shall occur in and through the office of Title Resources, LLC, 525 South Loop 288, Suite 125, Denton, Texas, 76205 ("Title Company"), with said Title Company acting as escrow agent, on the date which is 90 days after the Effective Date, unless the Owner and the City mutually agree, in writing, to an earlier or later date ("Closing Date"). In the event the Closing Date, as described above, occurs on a Saturday, Sunday or Denton County holiday, the Closing Date shall be the next resulting business day. 6. The stipulated Total Monetary Compensation amount shall be paid by the City at Closing jointly to the Owner through the Title Company. Ad valorem taxes relating to the Fee Lands for the calendar year in which Closing shall occur shall be prorated between Owner and City as of the Closing Date. If the actual amount of taxes for the calendax year in which Closing shall occur is not known as of the Closing Date, the proration shall be based on the amount of taxes due and payable with respect to the Fee Lands for the preceding calendar year, and shall be readjusted in cash as soon as the amount of t�es levied against the Fee Lands for the calendar year in which Closing shall occur is known. The result of such proration is that the Owner shall pay for those taxes attributable to the period of time prior to the Closing Date (including, but not limited to, subsequent assessments for prior years due to change of land usage or ownership occurring prior to the Closing Date) and City shall pay for those taxes attributable to the period commencing as of the Closing Date. All other typical, customary and standard closing costs associated with this transaction shall be paid specifically by the City, except for Owner's attorney's fees, if any, which shall be paid by Owner. 7. The date on which this Agreement is executed by the Owner shall be the "Effective Date" of this Agreement. 8.A. In the event Owner, or either of them, shall default in the performance of any covenant or term provided herein, and such default shall be continuing after ten (10) days written notice of default and 4 opportunity to cure, City may exercise any right or remedy available to it by law, contract, equity or otherwise, including without limitation, the remedy of specific performance. B. In the event City shall default in the performance of any covenant or term provided herein, and such default shall be continuing after ten (10) days written notice of default and opportunity to cure, Owner may, as its sole and exclusive remedy, either (i) terminate this Agreement prior to Closing by written notice of such election to City; or (ii) enforce specific performance of this Agreement. 9. THE LAWS OF THE STATE OF TEXAS SHALL CONTROL AND APPLY TO THIS AGREEMENT FOR ALL PURPOSES. THIS AGREEMENT IS PERFORMABLE 1N DENTON COUNTY, TEXAS. VENUE FOR ANY ACTION ARISING HEREUNDER SHALL LIE SOLELY 1N THE COURTS OF COMPETENT JURISDICTION OF DENTON COUNTY, TEXAS. 10. From and after the Effective Date of this Agreement, through and including the Closing Date, Owner shall not (i) convey or lease any interest in the Fee Lands; or (ii) enter into any Agreement that will be binding upon the Fee Lands, or upon the Owner with respect to the Fee Lands after the date of Closing. 11. Any notices prescribed or allowed hereunder to Owner or City shall be in writing and sha11 be delivered by telephonic facsimile, hand delivery or by United States Mail, as described herein, and shall be deemed delivered and received upon the earlier to occur of (a) the date provided if hand delivered or delivered by telephonic facsimile; and (b) on the date of deposit of, in a regularly maintained receptacle for the United States Mail, registered or certified, return receipt requested, postage prepaid, addressed as follows: OWNER: J.G. Duncan and wife, Frances Duncan Phone_ Telecopy: CITY: City of Denton Paul Williamson Real Estate and Capital Support 901-A Texas Street Denton, Texas 76209 Telecopy: (940) 349-8951 5 Copies to: For Owner: For Citv: Telecopy: Richard Casner, Deputy City Attorney City Attorney's Office 215 E. McKinney Denton, Texas 76201 Telecopy: (940) 382-7923 12. This Agreement constitutes the sole and only agreement of the parties and supersedes any prior understandings or written or oral agreements between the parties with respect to the subject matter of this Agreement. Time is of the essence with respect to this Agreement. 13. The representations, warranties, agreements and covenants contained herein shall survive the Closing and shall not merge with the Special Warranty Deed. 14. In the event prior to the Closing Date, condemnation or eminent domain proceedings are threatened or initiated by any entity or party other than the City that might result in the taking of any portion of the Fee Lands, City may, at its election, terminate this Agreement at any time prior to Closing. 15. Authority to take any actions that are to be, or may be, taken by City under this Agreement, including without limitation, adjusting the Closing Date of this Agreement are hereby delegated by City, pursuant to action by the City Council of Denton, Texas, to Frank Payne, City Engineer of City, or his designee. CITY OF DENTON, TEXAS By GEORGE C. CAMPBELL, CITY MANAGER Date: , 2012 � ATTEST: JENNIFER WALTERS, CITY SECRETARY � BY: Date: , 2012 APPROVED AS TO LEGAL FORM: ANITA BURGESS, CITY ATTORNEY BY: C� Date: /�M� �� , 2012 OWNER: J.G. DUNCAN 1�7:���.�11J�[�k\►1 Date: , 2012 RECEIPT OF AGREEMENT BY TITLE COMPANY By its execution below, Title Company acknowledges receipt of one (1) executed copy of this Agreement. Title Company agrees to comply with, and be bound by, the terms and provisions of this Agreement and to perform its duties pursuant to the provisions of this Agreement and comply with Section 6045(e) of the Internal Revenue Code of 1986, as amended from time to time, and as further set forth in any regulations or forms promulgated thereunder. TITLE COMPANY: Title Resources, LLC 525 South Loop 288, Suite 125 Denton, Texas 76205 Telephone: (940) 3 81-1006 Telecopy: (940) 898-0121 : Printed Name: Title: Contract receipt date: , 2012 0 ATTACHMENT 1 TO PURCHASE AGREEMENT NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING INFORMATION FROM ANY INSTRUMENT THAT TRANSFERS AN INTEREST IN REAL PROPERTY BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER. SPECIAL WARRANTY DEED STATE OF TEXAS COUNTY OF DENTON , KNOW ALL MEN BY THESE PRESENTS: That J.G. Duncan and wife, Frances Duncan (herein collectively called "Grantor"), for and in consideration of the sum of TEN AND NO/100 DOLLARS ($10.00), and other good and valuable consideration to Grantor in hand paid by the CITY OF DENTON, TEXAS, a Texas Home Rule Municipal Corporation (herein called "Grantee"), 215 E. McKinney, Denton, Texas 76201, the receipt and sufficiency of which are hereby acknowledged and confessed, has GRANTED, SOLD and CONVEYED, and by these presents does GRANT, SELL and CONVEY, unto Grantee a11 the real property in Denton County, Texas being particularly described in Exhibit "A" and depicted in Exhibit "B", attached hereto and made a part hereof for all purposes, and being located in Denton County, Texas, together with any and all rights or interests of Grantor in and to adjacent streets, alleys and rights of way and together with all and singular the improvements and fixtures thereon and all other rights and appurtenances thereto (collectively, the "Property"). Grantor, subject to the limitation of such reservation made herein, reserves, for themselves, their heirs, devisees, successors and assigns all oil, gas and other minerals in, on and under and that may be produced from the Property. Grantor, their heirs, devisees, successors and assigns shall not have the right to use or access the surface of the Property, in any way, manner or form, in connection with or related to the reserved oil, gas, and other minerals andlor related to exploration and/or production of the oil, gas and other minerals reserved herein, including without limitation, use or access of the surface of the Property for the location of any well or drill sites, well bores, whether vertical or any deviation from vertical, water wells, pit areas, seismic activities, tanks or tank batteries, pipelines, roads, electricity or other utility infrastructure, and/or for subjacent or lateral support for any surface facilities or well bores, or any other infrastructure or improvement of any kind or type in connection with or related to the reserved oil, gas and other minerals, and/or related to the exploration or production of same. As used herein, the term "minerals" shall include oil, gas and all associated hydrocarbons and shall exclude (i) all substances (except oil and gas) that any reasonable extraction, mining or other exploration and/or production method, operation, process or procedure would consume, deplete or destroy the surface of the Property; and (ii) all substances (except oil and gas) which are at or near the surface of the Property. The intent of the parties hereto is that the meaning of the term "minerals" as utilized herein, shall be in accordance with that set forth in Reed v. Wylie, 597 S.W.2d 743 (Tex. 1980). As used herein, the term "surface of the Property" shall include the area from the surface of the earth to a depth of five hundred feet (500') below the surface of the earth and all areas above the surface of the earth. This conveyance is subj ect to the following: [Insert Permitted Exceptions] TO HAVE AND TO HOLD the Property, together with all and singular the rights and appurtenances thereto in anywise belonging unto Grantee and Grantee's successors and assigns forever; and Grantor does hereby bind Grantor and Grantor's successors and assigns to WARRANT AND FOREVER DEFEND all and singular the Property unto Grantee and Grantee's successors and assigns, against every person whomsoever lawfully Page 2 of 4 claiming or to claim the same or any part thereof, by, through or under Grantor, but not otherwise. EXECUTED the day of , 2012. J.G. Duncan Frances Duncan ACKNOWLEDGMENT THE STATE OF TEXAS § COUNTY OF DENTON § This instrument was acknowledged before me on , 2012 by J.G. Duncan. Notary Public, State of Texas My commission expires: I:��I�i����►i����Zii1%I���� THE STATE OF TEXAS § COUNTY OF DENTON § This instrument was acknowledged before me on , 2012 by Frances Duncan. Notary Public, State of Texas My commission expires: Page 3 of 4 Upon Filing Return To: The City of Denton-Engineering Attn: Paul Williamson 901-A Texas Street Denton, Texas 76209 Page 4 of 4 Property Tax Bills To: City of Denton Finance Department 215 E. McKinney Street Denton, Texas 76201 '• �' � EXHIBIT "A" - to Special Warranty Deed rthur Surveying Co., Inc. . ProF�ss.ior.c�.Y ��xd Saxxa�eycars P.O. Box 54 -- Lewisville, Texas 75067 Ofiicc: (972) 221-9439 •� F'ax: (972) 221-4675 EXIiIBIT "A" MAYHILL ROAD RIGHT-OF-WAY PARCEL MI d0 1.364 Acres City of Denton, Denton County, Texas BEING all that certain lot, tract or parcel of land situated in the M.E.P. & P.R.R. Co. Survey, Abstract Number 927, City of Denton, Denton County, Texas, and being part of a tract of land described by deed to J. G. Duncan and wife, Frances Duncan, recorded in Volume 509, Page 327, Deed Records, Denton County, Texas (D.R.D.C.T.), and being more particularly described as follows: BEGINNING at a"PK" nail set in the existing Mayhill Road for the southeast corner of said Duncan tract; THENCE South 89 degrees 46 minutes 34 seconds West, with the south line of said Duncan tract, a distance of 98.95 feet to a 1/2 inch iron rod with yellow cap stamped "Arthur Surveying Company" (A.S.C.) set for corner in the south line of said Duncan tract and the north line of a tract of land described by deed to Carl K. Clay, recorded in Volwne 1149, Page 518, D.R.D.C.T.; THENCE North 02 degrees 38 minutes 08 seconds East, over and across said Duncan tract, a distance of 116.47 feet to a 1/2 inch iron rod with yellow cap stamped "A.S.C:' set for corner at the beginning of a curve to the left, having a radius of 9932.50 feet; THENCE over and across said Duncan iract, with said curve to the left, having a central angle of 00 degrees 47 minutes 26 seconds, whose chord beaxs North 02 degrees 14 minutes 25 seconds East at 13'1.04 feet, an arc length of 137.05 feet to a 1/2 inch ixon rod with yellow cap stamped "A.S.C." set for corner; THENCE North O1 degrees 50 minutes 42 seconds East, over and across said Duncan tract, a distance of 351.72 feet to a 1/2 inch iron rod with yellow cap stamped "A.S.C." set for corner in the north line of said Duncan tract and the occupied south line of Bridges Road; THENCE North 89 degrees 22 minutes 18 seconds East, with the north line of said Duncan tract and the occupied south line of said Bridges Road, a distance of 99.21 feet to a"PK" nail set for corner in said Mayhill Road; THENCE South 02 degrees 06 minutes 31 seconds West, with the east line of said Duncan tract, and in Mayhill Road, a distance of 605.94 feet to the POINT OF BEGINNING and containing 1.364 acres of land, o£which 0.431 acre lies within existing Mayhili Road. .,,,�9 g��. � �o ����- .�; . � e,g.� ,. t�U��a� i �.yI . . .. .II.. •./� � �` ��� ��'�t� r` �``� �. ,,,. ' �� � ���� � � C1107131-21 Parcel M100 EXHIBIT "B" - to Special Warranty Deed � �,R,� SEC of Lot 2R, Block 3 � GoJden Trlangle lndustrlal Park Postea �syx• lnstr. No. 2070, Pg, 86 BRIDGES ROAD StA°• (ROW documents not found) N89°22�1 g"B � � 99.21' . �� O-- --–"�'"'" '– r I.R, S. �� P Se{ all �R. F. C.M,) 58922'18,"W 251.79 � � � '� � ' 100 0 SD 100 � � SCALE: 1" =100' Bearings shown hereon based on the City of '�,� � y � Denton GIS Network, I M ' � � � � �� :OTES: I.R.F. =1/2" Tron Rod Found o � � ro • I.R.S, = 1/2" Tron Rod Setwith o � yellow cap stamped "Arthur �� � ,� SurveyingCompany" � '� � • All improvements not shown hereon. ., �ry c� �� �� �' °' �O �i CI I �� � a ,� R=9932.50' —%—" " " "—" �° m . L=137.05' J.G. Dunoan and wife, � i Frances Dunoan 1 0 �� D=00°47'26" Volume 509, Page 327 'd � a Chd. NO2°14'25"E ��� l.R.S. + A �� 137.04' ex/ating � � resld�� � , New Right-of-way 0.933 aa (40,646) Cl; i Bxisting Implied Dedication 0.431 ac. (18,770 sq. ft.) ��� 1.364 Acres (s9,416 sq. ft.) Right-of-Way � _„_„_x.._._ _x_, � Parcel M100 '�'� f.R.S. � �'� , W o • o� � � � �:� �i �, � � �� o �� � �� z I Carl K Clay Volume 1149, Page BSB EXHIB IT "B " Ma hill Road Ri �t—of—Way Parcel M140 ;.� O 1.364 Acres M.E.P. & P.R.R. Co. Survey, Abstract Number 927 City of Denton Dentox� County, Texas --2011 -- rthur Surve�ing Co,, Inc. ���o�r r,�a s�y+�� P.O.Boa 64 – Le�riaville, Tesas 75087 Office: (972) 221-9439 Fas: (972) 221-4876 Eetatbliehed 1986