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2018-012S:\Legal\Our Documents\Ordinances\17\Marsarn Ordinance -Eagle Drive Drainage add Margin Tract 120817 -TL rev FINAL. doc AN ORDINANCE OF THE CITY OF DENTON, A TEXAS HOME -RULE MUNICIPAL CORPORATION ("CITY") APPROVING A REAL ESTATE EXCHANGE AND ABANDONMENT AGREEMENT ("AGREEMENT") BETWEEN THE CITY OF DENTON AND MARSAM ENTERPRISES, INC., A TEXAS CORPORATION ("MARSAM"), FOR THE CONVEYANCE TO MARSAM OF (I) A 0.098 ACRE FEE TRACT, WITH A DRAINAGE AND UTILITY EASEMENT RESERVED BY THE CITY THEREIN, AND (II) A 0.016 ACRE TRACT, WITH A DRAINAGE AND UTILITY EASEMENT RESERVED BY THE CITY THEREIN; THE ABANDONMENT AND RELEASE BY THE CITY OF (1) A 0.063 ACRE DRAINAGE EASEMENT, AND (11) A 285 SQUARE FEET DRAINAGE EASEMENT, AND THE PAYMENT BY THE CITY TO MARSAM OF $5,000.00, ALL IN EXCHANGE FOR THE CONVEYANCE TO THE CITY OF (I) A 0.031 ACRE FEE TRACT, AND (II) A 0.047 ACRE DRAINAGE EASEMENT, ALL CITED TRACTS SITUATED IN THE W. LOVING SURVEY, ABSTRACT NO. 759, CITY OF DENTON, DENTON COUNTY, TEXAS, GENERALLY LOCATED AT THE NORTHEAST CORNER OF MYRTLE STREET AND EAGLE DRIVE; AUTHORIZING THE CITY MANAGER IN ACCORDANCE WITH LOCAL GOVERNMENT CODE 272.001(B)(3) TO EXECUTE THE AGREEMENT; AUTHORIZING THE EXPENDITURE OF FUNDS THEREFORE; AND PROVIDING AND EFFECTIVE DATE. (EAGLE DRIVE DRAINAGE PROJECT — PHASE II — MARSAM TRACT (BRISCOE TIRE)) WHEREAS, the City of Denton is presently undertaking the Eagle Drive Drainage - Phase II public works improvement project, consisting of the upsizing and relocation of a segment of a drainage tributary to provide for underground storm water drainage improvements in the southern limits of Downtown Denton, Eagle Drive and Myrtle Street area (the "Project"); and WHEREAS, the City requires necessary land rights out of the Marsam property tract in order to construct, operate, and maintain underground storm water drainage improvements upon, over, and across an alternative drainage system alignment, further encumbering the Marsam property tract (the "Alternative Alignment"); and WHEREAS, the City has existing drainage easement rights encumbering the Marsam property tract as (i) a 0.063 acre tract, being a portion of a drainage easement dedicated and depicted upon Lot IA, Block 2, per the replat of the Sanger Bros. Addition, an addition to the City of Denton, recorded in Cabinet E, Page 166 of the Plat Records of Denton County, Texas, and (ii) a 285 square foot tract evidenced by the conveyance of a drainage easement from J. H. Briscoe to the City of Denton, recorded in Volume 821, Page 326 of the Deed Records of Denton County, Texas (the "Abandonment Tracts"); and WHEREAS, by the nature of the design of the planned underground storm water drainage system improvements required by the Project across the Marsam property tract for the Alternative Alignment, the drainage easements encumbering the Abandonment Tracts will no longer be necessary, post -Project construction, as the storm water drainage flows will be redirected to the planned improvements; and WHEREAS, the City and Marsam agree that the interests of the parties are served by mutual agreement to the terms set forth in the "Agreement," attached hereto as Exhibit "A" and made a part hereof for all purposes; NOW, THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS: SECTION 1. The City Manager, or his designee, is authorized to (i) execute on behalf of the City the Agreement, between the City and Marsam, in the form attached hereto and made a part of this ordinance as Exhibit "A," and any other documents related to closing the transactions contemplated by the Agreement, including without limitation, the Release of the Abandonment Tracts; and, (ii) make expenditures in accordance with the terms of the Agreement. SECTION 2. The matters set forth in the preamble of this ordinance are incorporated into the body of this ordinance as findings by the City Council. SECTION 3. 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. SI ( 1 It I)" Wil. Notwithstanding anything to the contrary contained in this ordinance, the City of Denton retains and reserves any and all easements, rights of way, and any other rights or interests, other than easements which will be released, abandoned, vacated in the ordinance above, whether acquired, obtained, owned, or claimed by the City of Denton or public, by, through or under conveyance, dedication by plat or other express dedication, implied dedication, prescription, or by any other manner or means, in or to lands in which the Drainage Easements cited for abandonment and release in the caption above may cover, encumber, include, cross, or overlap. SECTION 5. This ordinance shall become effective immediately upon its passage and approval. PASSED AND APPROVED this the m day of, t:,. 2018, CHRI` m`VA°l TS, MAYOR ATTEST: JENNIFER WALTERS, CITY SECRETARY VED AS -TO LEGAL FORM: AARON LEAL, CITY ATTORNEY By:m REAL ESTATE EXCHANGE AND ABANDONMENT AGREEMENT This Exchange and Abandonment Agreement (the "AGREEMENT") is dated ... 2018 between Marsam Enterprises, Inc., a Texas corporation ("OWNER"), and the City of Denton, Texas ("CITY"), a Texas Home -Rule Municipality, WITNESSETH: WHEREAS, Marsam Enterprises, Inc., is the owner of a tract of real property described in a Warranty Deed to Marsam Enterprises, Inc., recorded under Document #2013-72384, on June 13, 2013 in the Real Property Records of Denton County, Texas ("PROPERTY"), being affected by the public improvement project called the EAGLE DRIVE DRAINAGE PHASE II ("PROJECT"); WHEREAS, CITY is in need of. (i) a certain 0.047 acre drainage easement for storm water conveyance purposes ("DE -1"), in, along, over, upon, under, and across a portion of the PROPERTY related to the PROJECT and (ii) a certain 0.031 acre fee tract for street purposes ("ROW") (hereinafter DE -1 and ROW are collectively referred to as the "Conveyance Tracts");. WHEREAS, Marsam Enterprises, Inc. desires ownership of (I) a certain 0.098 acre tract of land being part of a 0.107 acre tract conveyed to the CITY by special warranty deed recorded under Document Number: 2016-62253, May 31, 2016, in the Real Property Records of Denton County, Texas, and (II) a certain 0.016 acre tract described in an affidavit recorded under Document Number: 2017-141687, November 16, 2017, in the Real Property Records of Denton County, Texas, both tracts hereinafter collectively referred to as the "807 Myrtle Property" and the City is amenable to granting the 807 Myrtle Property tracts, but with a reservation of drainage and utility easement therein, as partial consideration for the rights to the Conveyance Tracts as described above; WHEREAS, the CITY is amenable, upon the terms, provisions and conditions set forth herein, to partially abandon the following existing easement as a component of the consideration to OWNER for the Conveyance Tracts, to -wit: a. A partial abandonment of that certain drainage easement, dedicated by plat on or about June 18, 1985, from Jack Briscoe, to the City of Denton, Texas, recorded on June 28, 1985 in Cabinet E, Page 166, Plat Records, Denton County, Texas, (the "Briscoe Easement"); specifically that portion of said Briscoe Easement tract described and depicted in Exhibit "A" and Exhibit "B" respectively and being attached hereto as Attachment "1" and made a part hereof ("Partial Abandonment Tract'). WHEREAS, the CITY is amenable, upon the terms, provisions and conditions set forth herein, to completely abandon the following easement as a component of the consideration to OWNER for the Conveyance Tracts, to -wit: a. That certain drainage easement, from J. H. Briscoe to the City of Denton, Texas, recorded on February 3, 1977 in Volume 821, Page 326, Deed Records, Denton County, Texas, (the "Abandonment Tract"); and WHEREAS, both parties desire to stipulate and agree to the terms, conditions, conveyances, and abandonments associated with the installation of storm water improvements for the PROJECT, including (i) the conveyance by the OWNER of a drainage easement to the CITY; (ii) the conveyance by the OWNER of a fee simple tract to the CITY; (iii) the conveyance by the CITY of the 807 Myrtle Property tracts, reserving a drainage and utility easement therein, (iv) the partial abandonment by the CITY of the Partial Abandonment Tract; and (v) the abandonment by the CITY of the Abandonment Tract; NOW, THEREFORE, the parties agree as follows: 1. At Closing, the OWNER shall grant, execute, and deliver to the CITY (i) an easement in, along, under, and across those tracts of land being described and depicted in attachments Exhibit "A" and Exhibit `B" respectively, attached to that certain Drainage Easement, being attached hereto as Attachment "2" and made part hereof; and (ii) a Special Warranty Deed to the tract of land being described and depicted in Exhibit "A" and Exhibit `B" respectively attached to that certain Special Warranty Deed, being attached hereto as Attachment "3" and made part hereof. 2. At Closing the CITY shall grant, execute, and deliver to the OWNER (i) a Special Warranty Deed to the tract of land being described and depicted in Exhibit "A" and Exhibit `B" respectively attached to that certain Special Warranty Deed, reserving a drainage and utility easement therein, being attached hereto as Attachment "4" and made a part hereof, and (ii) a Deed Without Warranty to the tract of land being described and depicted in Exhibit "A" and Exhibit `B" respectively attached to that certain Deed Without Warranty, reserving a drainage and utility easement therein, being attached hereto as Attachment "5" and made a part hereof. 3. As partial consideration for the conveyance by the OWNER of the Conveyance Tracts the CITY shall (i) execute and deliver to the OWNER, within the time period prescribed below, the Release (the "Release") of the Partial Abandonment Tract and the Abandonment Tract. The CITY, by and through the City Manager, or his designee, shall execute and deliver to OWNER the Release, upon the completion, and acceptance by the CITY, of the installation of the storm sewer improvements contemplated by the Project. OWNER stipulates and agrees that CITY is in need of the Partial Abandonment Tract and the Abandonment Tract until CITY completes the installation of the storm water system improvements contemplated by the Project. The Existing open Drainage structure (on the West side of the building) in the Partial Abandonment Tract shall be filled with material that shall be compacted and suitable for construction. In addition the open Drainage structure (on the North side of the building) shall be filled in the same manner after the enclosed storm drain structures are installed in the City's Drainage Easement. 4. As partial consideration for the exchange of tracts and abandonments contemplated herein, the CITY shall pay OWNER the sum of Five Thousand and No/100 Dollars ($5,000.00). OWNER has two (2) truck trailers for storage purposes (both 36' long enclosed box trailers) that presently exist across the Partial Abandonment Easement tract (the "Trailers"). As part of the terms of this AGREEMENT, OWNER shall remove from the Partial Abandonment Easement tract the Trailers on or before sixty (60) days after the Closing (the "Trailer Removal Period"). To secure the obligations of OWNER related to the timely removal of the Trailers (the "Removal of Trailers Work") from the Partial Abandonment Easement tract, the CITY shall retain the Five Thousand and No/100 Dollars ($5,000.00) partial consideration payment, (the "Retained Amount"), at Closing. Upon -(i) the timely completion of the Removal of Trailers Work; and (ii) written notice to CITY that the contemplated the Removal of Trailers work has been completed, the Retained Amount shall be promptly disbursed to the OWNER. In the event that the OWNER defaults in its obligations to remove the Trailers from the Partial Abandonment Easement tract within the Trailer Removal Period, CITY shall be entitled to retain the Retained Amount and thereafter the two (2) Trailers within the Partial Abandonment Easement Lands shall be deemed abandoned by OWNER and the CITY and or CITY's contractor shall remove all trailers found within the Partial Abandonment Easement tract without liability of any kind to CITY and without any further payment of consideration to OWNER or any other party ("Trailers Abandonment"). If the Trailers Abandonment event occurs, then OWNER hereby grants the CITY and or CITY's contractor a Right -of -Entry upon OWNER's property tract to remove those Trailers situated partially inside and partially outside of the Partial Abandonment Easement tract, without liability of any kind to CITY and without any further payment of consideration to OWNER or any other party for the removal and disposal of the Trailers in their entirety. 5. The Closing (herein so called) shall occur in and through the office of Reunion Title, 2745 Wind River Lane, Denton, Texas, 76210 ("Title Company"), with said Title Company acting as escrow agent, on the date which is 30 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. The OWNER shall convey the Conveyance Tracts free and clear of all debts, liens, and encumbrances (the "Encumbrances"). The OWNER shall assist and support satisfaction of all closing requirements in relation to solicitation of release or subordination of liens and encumbrances and other curative efforts affecting the Easements, 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. The Retained Amount as referenced in Paragraph 4 above shall be paid by CITY outside of Closing, if applicable. 6. THE LAWS OF THE STATE OF TEXAS SHALL CONTROL AND APPLY TO THIS AGREEMENT FOR ALL PURPOSES. THIS AGREEMENT IS PERFORMABLE IN DENTON COUNTY, TEXAS. VENUE FOR ANY ACTION ARISING HEREUNDER SHALL LIE SOLELY IN THE COURTS OF COMPETENT JURISDICTION OF DENTON COUNTY, TEXAS. 7. The date on which this Agreement is executed by CITY shall be the "Effective Date" of this Agreement. 8. In the event a party shall default in the performance of any covenant or term provided herein, and such default shall be continuing after ten (10) days written notice delivered to: OWNER: Marsam Enterprises, Incorporated Attention: Dwayne Waters 822 S. Elm St. Denton, TX 76205-7678 Phone 940-382-1331 Telecopy: CITY: City of Denton Paul Williamson Real Estate Division 901-A Texas Street Denton, Texas 76209 Telecopy: (940) 349-8951 CITY: City of Denton Trey Lansford, Deputy City Attorney City Attorney's Office 215 E. McKinney Denton, Texas 76201 Telecopy: (940) 382-7923 9. Each party represents and warrants that it has taken all actions necessary to authorize the person executing this Agreement to bind it, in all respects, to all terms and provisions of this Agreement, that such person possesses the authority to execute this Agreement and bind its party hereto, and that this Agreement is binding and enforceable upon it in accordance with the terms hereof. 10. 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. CITY OF DENTON, TEXAS By: TODD HILEMAN, CITY MANAGER Date: � .WLa.r , 2018 ATTEST: JENNIFER WALTERS, CITY SECRETARY IMA 2018 VED AS TO LEGAL FORM: AARON LEAL, CITY ATTORNEY A BY: Date: , 2018 OWNER: Marsam Enterprises, Inc., a Texas corporation By �3� DWAYNE WATERS, PRESIDENT Date: , 2017 ATTACHMENT "I" to Agreement EXHIBIT "A" PARTIAL DRAINAGE EASEMENT ABANDONMENT (Lot 1A, Block 2 — Sanger Brothers Addition) BEING a 0.063 acre tract of land situated in the William Loving Survey, Abstract No. 759, City of Denton, Denton County, Texas, and being a part of Lot 1A, Block 2, per the Replat of the Sanger Brothers Addition, as recorded in Cabinet E, Page 166 of the Plat Records of Denton County, Texas, and being more particularly described as follows: COMMENCING at a 5/8 inch iron rod with cap stamped "TNP" found for the Southwest corner of a called 0.107 acre tract of land described in a Deed to the City of Denton, Texas, as recorded in Document No. 2016-62253 of the Official Records of Denton County, Texas, and being in the East line of Myrtle Street, a variable width right-of-way, from which a 5/8 inch iron rod with cap stamped "TNP" found for the Northwest corner of said 0.107 acre tract bears North 00°00'00" East a distance of 50.00 feet; THENCE South 88°57'22" East departing the East line of said Myrtle Street, and along the South line of said 0.107 acre tract, for a distance of 68.56 feet to a 5/8 inch iron rod with cap stamped "TNP" found for the most Southerly Southeast corner of said 0.107 acre tract, said point being in the West line of the above cited Lot 1A and the West line of an existing Drainage Easement as shown on said Replat of the Sanger Brothers Addition, said point also being the POINT OF BEGINNING for the herein described tract, from which the Northwest corner of said Lot 1A, bears North 00053'33" West a distance of 29.61 feet; THENCE South 88°57'22" East departing the most Southerly Southeast corner of said 0.107 acre tract and the West line of said Lot 1A, for a distance of 28.26 feet to a point for comer in the East line of said Drainage Easement; THENCE in a Southwesterly direction, along the East line of said Drainage Easement, and along a non -tangent curve to the left having a central angle of 27023'02", a radius of 24.01 feet, a chord bearing of South 15006'25" West, a chord distance of 11.37 feet and an arc length of 11.48 feet to a point for corner; THENCE South 01°25'08" West continuing along the East line of said Drainage Easement, for a distance of 80.20 feet to a point for corner; THENCE North 88034'52" West continuing along the East line of said Drainage Easement, for a distance of 2.68 feet to a point for corner; THENCE South 01 °25'08" West continuing along the East line of said Drainage Easement, for a distance of 29.99 feet to a point for corner in the North line of Eagle Drive, a variable width right-of-way, and the South line of said Lot 1A; THENCE North 89"25'16" West along the North line of said Eagle Drive and the South line of said Lot 1A, for a distance of 18.00 feet to a point for the Southwest corner of said Lot 1A; THENCE North 00°53'33" West departing the North line of said Eagle Drive, and along the West line of said Lot 1A and said Drainage Easement, for a distance of 121.41 feet to the POINT OF BEGINNING, and containing 0.063 acres of land, more or less. NOTES: 1. Bearings are referenced to Grid North of the Texas Coordinate System of 1983, North Central Zone No. 4202. 2. An Easement Exhl' 11 of even date herewith accompanies this Legal Description. T 13. ur;er, R.P.L.S. No. 4859 Teague Nall & Perkins'T nr 1517 Centre Place Drive, Suite 320 Denton, Texas 76205 ;wo"0,'� 940-383-4177 ." *�"w"."."".�.. """" Date: March 15, 2017 4If59 See Page 2. DEN16242 — Partial Drainage Easement Abandonment Page 1 of 2 ATTACHMENT"W" to 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. DRAINAGE EASEMENT THE STATE OF TEXAS, § § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF DENTON § THAT Marsam Enterprises, Inc., a Texas corporation ("Grantor"), of Denton County, in consideration of the sum of Ten and No/100 Dollars ($10.00) and other good and valuable consideration in hand paid by the City of Denton, Texas, receipt of which is hereby acknowledged, has GRANTED, BARGAINED, SOLD and CONVEYED and does by these presents GRANT, BARGAIN, SELL and CONVEY unto the City of Denton, Texas ("Grantee") a 0.047 acre drainage easement, in, along, upon, under, and across the following described property (the "Property"), owned by Grantor, and situated in Denton County, Texas, located in the William Loving Survey, Abstract Number 759 to wit: PROPERTY AREAS DESCRIBED AND DEPICTED IN EXHIBITS A & B, ALL ATTACHED HERETO AND MADE A PART HEREOF For the following purposes: Constructing, reconstructing, installing, repairing, relocating, operating, and perpetually maintaining storm drains and all related facilities and appurtenances, respectively, in, along, upon, under, and across said Property, including without limitation, the free and uninterrupted use, liberty, passage, ingress, egress and regress, at all times in, along, upon, under, and across the Property to Grantee herein, its agents, employees, contractors, workmen, and representatives, for the purposes set forth herein, including without limitation, the making additions to, improvements on and repairs to said facilities or any part thereof. This Easement is subject to the following: 1. Structures. No buildings, fences, structures, signs, facilities, improvements or obstructions of any kind, or portions thereof, shall be constructed, erected, reconstructed or placed in, along, upon, under, or across the Property. Further, Grantor stipulates and acknowledges that the Grantee, in consideration of the benefits above set out, may remove from the Property, such buildings, fences, structures, signs, facilities, improvements and other obstructions as may now or hereafter be found upon said Property and dispose of any such buildings, fences, structures, signs, facilities, improvements or obstructions in any manner it deems appropriate without liability to Grantee. 2. Access. For the purpose of exercising and enjoying the rights granted herein, the Grantee shall have access to the Property by way of existing public property or right-of-way. 3. Trees and Landscaping. No shrub or tree shall be planted upon the Property or that may encroach upon the Property. Grantee may cut, trim, or remove any shrubs or trees, or portions of shrubs or trees now or hereafter located within or that may overhang upon the Property without liability to Grantee, including without limitation, the obligation to make further payment to Grantor. 4. Grantor's Rights. Grantor shall have the right, subject to the restrictions contained herein, to make use of the Property for any purpose that does not interfere with the City's rights granted to it herein for the purposes granted. Notwithstanding anything to the contrary herein, (a) the Easement Property may be improved with paving and parking areas; and (b) Grantee may erect fences on the Easement Property, provided such fences so erected shall be of a type that could easily be removed should maintenance of the Drainage Facilities be required (stone, brick, or concrete fences are examples of types that are not permitted). Furthermore, any fencing erected shall not materially interfere with the overland conveyance of storm water run-off. 5. Successors and Assigns. This grant and the provisions contained herein shall constitute covenants running with the land and shall be binding upon the Grantor and Grantee, and their heirs, successors and assigns. TO HAVE AND TO HOLD unto the said City of Denton, Texas as aforesaid for the purposes aforesaid the premise above described. Witness its hand, this the day of.............................................................�_ ................. ..,,....___ 2018. Marsam Enterprises, Inc., a Texas corporation Dwayne Waters, President THE STATE OF TEXAS COUNTY OF DENTON This instrument was acknowledged before me on , 2018, by Dwayne Waters for Marsam Enterprises, Inc., as its President. Notary Public, in and for the State of My commission expires: After Recording, Return to: City of Denton Capital Improvement Projects 901-A Texas Street Denton, Texas 76209 Attention: Paul Williamson Send Tax Billing Statements To: The City of Denton Attn: Finance Department 215 East McKinney Street Denton, Texas 76201 EXHIBIT "A" DRAINAGE EASEMENT (Marsam Enterprises Tract) BEING a 0.047 acre tract of land situated in the William Loving Survey, Abstract No. 759, City of Denton, Denton County, Texas, and being part of a called 0.622 acre tract of land described in a Deed to Marsam Enterprises, Inc., as recorded in Document No. 2013-72384 of the Official Records of Denton County, Texas (O.R.D.C.T.), and being more particularly described as follows: COMMENCING at a point for corner at the intersection of the existing East right of way line of Myrtle Street (variable width R.O.W.), with the existing North right of way line of Eagle Drive (variable width R.O.W.), same being the Southwest corner of said 0.622 acre tract, from which point a 1/2 inch iron found for reference bears North 59000'43" East a distance of 2.59 feet, and a PK nail found for the Southeast corner of a called 0.231 acre tract of land described in a Deed to 518 Acme, Ltd., as recorded in Document No. 2008-52615 of the (O.R.D.C.T.), bears North 73047'45" West a distance of 31.24 feet; THENCE South 89°25'16" East, along the common South line of said 0.622 acre tract and the existing North right of way line of said Eagle Drive, a distance of 27.72 feet to an "X" Cut set for corner, THENCE North 00000'38" West, departing the last stated common line, a distance of 17.20 feet to an "X" Cut set for the POINT OF BEGINNING; THENCE South 89°50'51" West, a distance of 5.29 feet to an "X" Cut set for corner; THENCE North 45°04'35" West, a distance of 21.18 feet to an "X" Cut set for corner; THENCE North 00°00'00" East, a distance of 89.93 feet to a 5/8 inch iron rod with cap stamped "TNP" set at the intersection with the common North line of said 0.622 acre tract and the South line of a called 0.107 acre tract of land described in a Deed to the City of Denton, Texas, as recorded in Document No. 2016-62253 (O.R.D.C.T.); THENCE South 88057'22" East, along the last stated common line, a distance of 31.01 feet to a 5/8 iron rod with cap stamped "TNP INC ESMT" set for the beginning of a non -tangent curve to the left having a central angle of 1529'42", a central radius of 54.00 feet, a chord bearing and distance of South 47°30'57" West, 14.56 feet; THENCE in a southwesterly direction, departing said common line, and along said curve to the left, an arc distance of 14.60 feet to a 5/8 inch iron rod with cap stamped "TNP INC ESMT" set for the end of said curve; THENCE South 00000'38" East, a distance of 94.48 feet to the POINT OF BEGINNING, and containing 0.047 acres of land, more or less. NOTES: 1. Bearings are referenced to Grid North of the Texas Coordinate System of 1983, North Central Zone No. 4202. 2. An Easement Exhibit of even date herewith accompanies this Legal Description. See Page 2. Marvin King, R.*P—SNo.7/5-581 Teague Nall & Perkins 1517 Centre Place Drive, Suite 320 Denton, Texas 76205 940-3834177 Date: September 29, 2017 R*H7'-OF WA�YDEDIy L'ATM or' 10 �A y M"TLE STREET (VARIABLE VWDTH RWff-OF-WAV) N 00°00'00" W M O S N �Z �Q 111 O _ a ry O S ATTACHMENT '"W" to Agreement SPECIAL WARRANTY DEED 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. THE STATE OF TEXAS, § § KNOW ALL MEN BY THESE PRESENTS COUNTY OF DENTON § THAT Marsam Enterprises, Inc., a Texas corporation, (hereinafter referred to as "Grantor"), for and in consideration of the sum of Ten and No/100 Dollars ($10.00) and other good and valuable consideration to it in hand paid by City of Denton, Texas, a home rule municipality (hereinafter referred to as "Grantee"), the receipt and sufficiency of which is hereby acknowledged and confessed, has GRANTED, SOLD AND CONVEYED, and by these presents does hereby GRANT, SELL, AND CONVEY unto the said Grantee, the real property containing approximately 0.031 acres of land more particularly described in Exhibit "A" and depicted in Exhibit `B" attached hereto and made a part hereof, together with all improvements, rights, appurtenances, and hereditaments located thereon or pertaining thereto, including all rights, title and interest of Grantor in and to adjacent streets, alleys, and rights-of-way (all of which foregoing are collectively referred to as the "Property"). Grantor hereby retains and reserves, for Grantor and its successors and assigns forever, all of the oil, gas and other liquid or gaseous hydrocarbons in, under, or that may be produced from the Property. However, such reservation does not include any right to ingress or egress to the property by Grantor, its successors and/or assigns, or the right to use any portion of the surface of the property to develop or produce the reserved estate. TO HAVE AND TO HOLD the Property, together with all and singular the rights and appurtenances thereto in anywise belonging unto the said Grantee, its successors and assigns forever; and Grantor does hereby bind itself, its successors and assignees to WARRANT AND FOREVER DEFEND all and singular the said premises unto the said Grantee, it's successors and assigns, against every person whomsoever claiming or to claim the same or any part thereof, by, through, or under, Grantor, but not otherwise, subject to the Reserved Minerals. Executed the day of , 2018. Marsam Enterprises, Inc. By Dwayne Waters, President ACKNOWLEDGMENTS STATE OF TEXAS § COUNTY OF DENTON § This instrument is acknowledged before me, on this day of 2018 by Dwayne Waters, of Marsam Enterprises, Inc. its President. Notary Public in and for State of Texas After Recording, Return to: Capital Improvement Projects 901-A Texas Street Denton, Texas 76209 Attention: Paul Williamson Send Tax Billing Statements To: The City of Denton Attn: Finance Department 215 East McKinney Street Denton, Texas 76201 EXHIBIT "A" RIGHT OF WAY (Marsam Enterprises Tract) BEING a 0.031 acre tract of land situated in the William Loving Survey, Abstract No. 759, City of Denton, Denton County, Texas, and being part of a called 0.622 acre tract of land described in a Deed to Marsam Enterprises, Inc., as recorded in Document No. 2013-72384 of the Official Records of Denton County, Texas (O.R.D.C.T.), and being more particularly described as follows: BEGINNING at a point for corner at the intersection of the existing East right of way line of Myrtle Street (variable width R.O.W.), with the existing North right of way line of Eagle Drive (variable width R.O.W.), same being the Southwest corner of said 0.622 acre tract, from which point a 1/2 inch iron found for reference bears North 59000'43" East a distance of 2.59 feet, and a PK nail found for the Southeast corner of a called 0.231 acre tract of land described in a Deed to 518 Acme, Ltd., as recorded in Document No. 2008-52615 (O.R.D.C.T.), bears North 73°47'45" West a distance of 31.24 feet; THENCE North 00°00'00" West, departing the existing North right of way line of said Eagle Drive, and along the existing East right of way line of said Myrtle Street, a distance of 121.93 feet to a 5/8 inch iron rod with cap stamped "TNP" found at the most Westerly Northwest corner of said 0.622 acre tract, common with the Southwest corner of a called 0.107 acre tract of land described in a Deed to the City of Denton, Texas, as recorded in Document No. 2016-62253 (O.R.D.C.T.); THENCE South 88°57'22" East, departing the existing East right of way line of said Myrtle Street and along the common South line of said 0.107 acre tract and the most Westerly North line of said 0.622 acre tract, a distance of 7.43 feet to a 5/8 inch iron rod with cap stamped "TNP" set for corner; THENCE South 0000'00" West, departing the last stated common line, a distance of 89.93 feet to an "X" Cut set for corner; THENCE South 45°04'35" East, a distance of 21.18 feet to an "X" Cut set for corner; THENCE North 89°50'51" East, a distance of 5.29 feet to an "X" Cut set for corner; THENCE South 00000'38" East, a distance of 17.20 feet to an "X" Cut set at the intersection with the common South line of said 0.622 acre tract and the existing North right of way line of said Eagle Drive; THENCE North 89025'16" West, along the last stated common line, a distance of 27.72 feet to the POINT OF BEGINNING, and containing 0.031 acres of land, more or less. NOTES: 1. Bearings are referenced to Grid North of the Texas Coordinate System of 1983, North Central Zone No. 4202. 2. An Easement Exhibit of even date herewith accompanies this Legal Description. See Page 2. 10 //0/17 Marvin King, R.P.'LS. No. 5581 Teague Nall & Perkins 1517 Centre Place Drive, Suite 320 Denton, Texas 76205 940-383-4177 Date: October 10, 2017 DEN16242 — R.O.W. Page 1 of 2 0 V EXISTING .,-.__�URBUNE MYRTLE STREET ,°P (VARIABLE WIDTH RIGHT -OF -my) N 00000100" W 50.00'... DRAINAGE EASEMENT (SY SEPARA TE INSTRUME I N s mzz ? C O = N a --1 zO � r nip"' N o� M A CO) CD 9.11 C- C-2 app=a =A.g m y N $$ 9 'r E;o QF 0 V EXISTING .,-.__�URBUNE MYRTLE STREET ,°P (VARIABLE WIDTH RIGHT -OF -my) N 00000100" W 50.00'... DRAINAGE EASEMENT (SY SEPARA TE INSTRUME I N s mzz ? C O = N a --1 zO � r nip"' N o� M Nol r Z m D m CO) CD o� A c broom ~sa, C-2 N m y Nol r Z m D m ATTACHMENT "A" to Agreement THE CITY DEED 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 THE STATE OF TEXAS, § § KNOW ALL MEN BY THESE PRESENTS COUNTY OF DENTON § THAT City of Denton, Texas, a home rule municipality, (hereinafter referred to as "Grantor"), for and in consideration of the sum of Ten and No/100 Dollars ($10.00) and other good and valuable consideration to it in hand paid by Marsam Enterprises, Inc., a Texas corporation, (hereinafter referred to as "Grantee"), whose address is 822 S. Elm St., Denton, TX 76201, the receipt and sufficiency of which is hereby acknowledged and confessed, has GRANTED, SOLD AND CONVEYED, and by these presents does hereby GRANT, SELL, AND CONVEY unto the said Grantee, the real property containing approximately 0.098 acres of land more particularly described in Exhibit "A" and depicted in Exhibit `B" attached hereto and made a part hereof (the "Property"), reserving unto Grantor a perpetual drainage easement (the "Easement") in, along, upon, under, over and across the Property, situated in Denton County, Texas, located in the William Loving Survey, Abstract No. 759, as more fully depicted on Exhibit `B" (the "Easement Property"). The Easement is reserved for the following purposes: Constructing, reconstructing, installing, repairing, relocating, operating, and perpetually maintaining drainage, and related drainage facilities and appurtenances, in, along, upon, under, over and across said Easement Property, including without limitation, the free and interrupted use, liberty, passage, ingress, egress and regress, at all times in, along, upon, under, over and across the Easement Property to Grantee herein, its agents, employees, contractors, workmen and representatives, for the purposes set forth herein, including without limitation, the making additions to, improvements on and repairs to said facilities or any part thereof. This reserved Easement is subject to the following: Page 1 I . Structures. No buildings, fences, structures, signs, facilities, improvements or obstructions of any kind, or portions thereof, shall be constructed, erected, reconstructed or placed in, along, upon, under, over or across the Easement Property. Further, Grantor stipulates and acknowledges that the Grantee, in consideration of the benefits above set out, may remove from the Easement Property, such buildings, fences, structures, signs, facilities, improvements and other obstructions as may now or hereafter be found upon said Easement Property and dispose of any such buildings, fences, structures, signs, facilities, improvements or obstructions in any manner it deems appropriate without liability to Grantee. 2. Access. For the purpose of exercising and enjoying the rights granted herein, the Grantee shall have access to the Easement Property by way of existing public property or right-of-way. 3. Trees and Landscaping. No shrub or tree shall be planted upon the Easement Property or that may encroach upon the Property. Grantee may cut, trim, or remove any shrubs or trees, or portions of shrubs or trees now or hereafter located within or that may overhang upon the Easement Property without liability to Grantee, including without limitation, the obligation to make further payment to Grantor. 4. Grantor's Rights. Grantor shall have the right, subject to the restrictions contained herein, to make use of the Easement Property for any purpose that does not interfere with the City's rights granted to it herein for the purposes granted. Notwithstanding anything to the contrary herein, (a) the Easement Property may be improved with paving and parking areas; and (b) Grantee may erect fences on the Easement Property, provided such fences so erected shall of a type that could easily be removed should maintenance of the Drainage Facilities be required, (stone, brick, or concrete fences are examples of types that are not permitted). Furthermore, any fence erected shall not materially interfere with overland conveyance of storm water run-off. 5. Successors and Assigns. This grant and the provisions contained herein shall constitute covenants running with the land and shall be binding upon the Grantor and Grantee, and their heirs, successors and assigns. Notwithstanding anything to the contrary herein, (a) the Easement Property may be improved with paving and parking areas; and (b) Grantee may erect fences on the Easement Property, provided such fences so erected shall be of a type that could easily be removed should maintenance of the Drainage Facilities be required (stone, brick, or concrete fences are examples of types that are not permitted). Furthermore, any fencing erected shall not materially interfere with the overland conveyance of storm water run-off. Grantor conveys all improvements, rights, appurtenances, and hereditaments located thereon or pertaining thereto, including all rights, title and interest, of Grantor in and to Page 2 the Property (all of which foregoing are collectively referred to as the "Property") SAVE AND EXCEPT the above-mentioned reserved Easement. Grantor hereby retains and reserves, for Grantor and its successors and assigns forever, all of the oil, gas and other liquid or gaseous hydrocarbons in, under, or that may be produced from the Property. TO HAVE AND TO HOLD the Property, together with all and singular the rights and appurtenances thereto in anywise belonging unto the said Grantee, its successors and assigns forever, save and except the reserved Easement; and Grantor does hereby bind itself, its successors and assignees to WARRANT AND FOREVER DEFEND all and singular the said premises unto the said Grantee, it's successors and assigns, against every person whomsoever claiming or to claim the same or any part thereof, by, through, or under, Grantor, but not otherwise, subject to the reserved minerals and Easement. Executed the day of,. r"L & ,, 2018. City of Denton By Todd Hileman, City Manager ACKNOWLEDGMENTS STATE OF TEXAS § COUNTY OF DENTON § This instrument is acknowledged before me, on this day of 2018 by Todd Hileman, City Manager, City of Denton. Notary Public in and for State of Texas ATTEST: Jennifer Walters, City Secretary After Recording, Return to: Marsam Enterprises, Inc. By: 822 South Elm St. Denton, Texas 76205-7678 Attention: Dwayne Waters Page 3 APPPROVED AS TO LEGAL FORM: Aaron Leal, City Attorney m Page 4 LEGAL DESCRIPTION (City of Denton, Texas, 807 Myrtle Street) BEING a 0.098 acre tract of land situated in the William Loving Survey, Abstract No. 759, City of Denton, Denton County, Texas, and being part of a called 0.107 acre tract of land, as described in Deed to the City of Denton, Texas, recorded in Document No, 2016-62253 of the Official Records of Denton County, Texas (O.R.D.C.T.), and being more particularly described as follows: BEGINNING at a 518 inch iron rod with cap stamped "TNP" found at the most Southerly Southeast corner of said 0.107 acre tract, and located in the West line of Lot 1A in Block 2 of the Sanger Brothers Addition, as recorded in Cabinet E, Page 166 of the Plat Records of Denton County, Texas (P.R.D.C.T.), same being a North line of a called 0.622 acre tract of land, as described in Deed to the Marsam Enterprises, Inc., and recorded in Document No. 2013-72384 (O.R.D.C.T.); THENCE North 88057'22" West, departing the West line of said Lot 1A, and along the common South line of said 0.107 acre tract and the North line of said 0.622 acre tract, a distance of 61.13 feet to a 5/8 inch iron rod with cap stamped "TNP" set for corner; THENCE North 00°00'00" West, departing the north line of said 0.622 acre tract, a distance of 50.03 feet to a 5/8 inch iron rod with cap stamped "TNP" set at the intersection with the common most Northerly line of said 0.107 acre tract and the South line of Lot 1 in Block A of Elm Street Apartments Addition, as recorded in Document No. 2015-423 (P.R.D.C.T.), same being the South line of a tract of land described in Deed to Eagle Elm Partners, L.L.C., and recorded in Document No. 2015-148513 (O.R.D.C.T.); THENCE South 89012'52" East, along the last stated common line, a distance of 154.72 feet to a 5/8 inch iron rod with cap stamped "TNP" set for the Northeast corner of said 0.107 acre tract, and located at an interior ell corner of said Elm Street Apartments Addition; THENCE South 01056'17" West, along the most Northerly East line of said 0.107 acre tract and the most Southerly West line of said Elm Street Apartments Addition, a distance of 13.32 feet to a 518 inch iron rod with cap stamped "TNP" found for the most Easterly Southeast corner of said 0.107 acre tract; THENCE North 8912'52" West, departing the West line of said Elm Street Apartments Addition, and along the most Easterly South line of said 0.107 acre tract, for a distance of 93.73 feet to a 5/8 inch iron rod with cap stamped "TNP" set for an interior ell corner of said 0.107 acre tract; THENCE South 00053'33" East, along the most Southerly East line of said 0.107 acre tract, passing the Northwest corner of Lot 1A, Block 2 in said Sanger Brothers Addition at a distance of 7.39 feet, and continuing along the most Southerly East line of said 0.107 acre tract and the West line of said Lot 1 A, for a total distance of 37.00 feet to the POINT OF BEGINNING, and containing 0.098 acres of land, more or less. NOTES: 1. Bearings are referenced to Grid North of the Texas Coordinate System of 1983, North Central Zone No. 4202. 2. An Easement Exhibit of even date herewith accompanies this Legal Description. See Exhibit "B". Marvin King, R.F'.L.S. No. 5581 Teague Nall & Perkins 1517 Centre Place Drive, Suite 320 Denton, Texas 76205 940-383-4177 Date: October 10, 2017 DEN16242 — City of Denton Page 1 of 3 la 8 A rn m 9zi q �_ N OZI �lw 61 m co 2 n 121 MYRTLE TRE T is (VARIABLE WIDTH RIGHT-OF-WAY) Z E —0 NORTH 60.00' — — REMAINDER OF 0.107 AC. TRACT DOC NO. 2016-02253 NORTH - 50.03' 0 V S 00'053""33" E r 37.00' § § s: O ASPHALT PAVING 0.030 ACRE RIGHT-OF-WAY DOC. NO. 2016-423 N V SIDEWALK y STING RIra"W-CIF=WAV L W1 o� i L&cTRrc °r. C. NO. 2015-423 1 I 1 Jul 1 6 0 f$�1 ��� a o �m m m O co 0 a a ID Or zzy z' S N Q Cl) �• dI m n z O O m fD SmT�' 7 ,� W l0 i Fn^ Z O O O 7 D- y & y y O. l7 O O _ p p� I �. n2 S S T d y 7 'ma I D y I p�p m C Z Dl y O a y 0 C7 (a °' z y' ~ r m ° v °1°Cl. � Cl) s Z I mgff N am 0 N1� n o� .4 y V W i Of p (n z l v O M. S (D fTl O 7 li o b i o wcQ Cyd ,� r° § g s CL 3 > ; m n X S Oo O m O n 7 CL Cn n �77ii.. N N N a �` = G 7 y 0 0 Z O �0 0a 3o tn <m m ° 3 N m OL X 3 ? C y 3 om ° N. ° CD � o X D 33o i�'�" (4.1n N --� s "q, JA n F P, 0 T O vC,JAlk � Z yv ^z 's m D w O Z w C �o ATTACHMiENT"W" to 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. DEED WITHOUT WARRANTY STATE OF TEXAS § § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF DENTON § That City Of Denton, Texas, a Texas Home -Rule Municipal Corporation (herein 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 Marsam Enterprises, Inc., a Texas corporation (herein called "Grantee"), at 822 S. Elm St., 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, without warranty, unto Grantee all the real property in Denton County, Texas being particularly depicted and described on Exhibit "A" and Exhibit `B," all attached hereto and made a part hereof for all purposes, and being located in Denton County, Texas, together with all and singular the improvements and fixtures thereon and all other rights and appurtenances thereto (collectively, the "Property") reserving unto Grantor a perpetual drainage and utility easement (the "Easement") in, along, upon, under, over, and across the entirety of the Property, situated in Denton County, Texas, located in the William Loving Survey, Abstract No. 759, as described and depicted on Exhibit "A" and Exhibit `B," respectively (the "Easement Property"). Grantee specifically accepts the Property "AS -IS, WHERE IS, AND WITH ALL FAULTS." Grantor provides no representations or warranties as to the condition or title of the Property and all such representations and/or warranties are specifically disclaimed. The Easement is reserved for the following purposes: Constructing, reconstructing, installing, repairing, relocating, operating, and perpetually maintaining drainage, utilities, related drainage and utility facilities and appurtenances, in, along, upon, under, over, and across said Easement Property, including without limitation, the free and interrupted use, liberty, passage, ingress, egress, and regress, at all times in, along, upon, under, over, and across the Easement Property to Grantee herein, its agents, employees, contractors, workmen, and representatives, for the purposes set forth herein, including without limitation, the making additions to, improvements on and repairs to said facilities or any part thereof. This reserved Easement is subject to the following covenants and restrictions: 1. Structures. No buildings, structures, signs, facilities, improvements, or obstructions of any kind, or portions thereof, shall be constructed, erected, reconstructed, or placed in, along, upon, under, over, or across the Easement Property by Grantee. Further, Grantee stipulates and acknowledges that the City, in consideration of the restrictions above set out, may alter the grade of the Easement Property and may remove from the Easement Property, such buildings, structures, signs, facilities, improvements, and other obstructions as may now or hereafter be found upon said Easement Property and dispose of any such buildings, structures, signs, facilities, improvements, or obstructions in any manner it deems appropriate without liability to City. 2. Access. For the purpose of exercising and enjoying the rights granted herein, the City shall have access to the Easement Property by way of existing public property or right-of- way. 3. Trees and Landscaping. No shrub or tree shall be planted upon the Easement Property or that may encroach upon the Easement Property. City may cut, trim, or remove any shrubs or trees, or portions of shrubs or trees now or hereafter located within or that may encroach or overhang upon the Easement Property without liability to Grantee. 4. Grantee's Rights. Grantee shall have the right, subject to the covenants and restrictions contained herein, to make use of the Easement Property for any purpose that does not interfere with the City's rights retained herein for the purposes reserved. Notwithstanding anything to the contrary herein, (a) the Easement Property may be improved with paving and parking areas; and (b) Grantee may erect fences on the Easement Property, provided such fences so erected shall be of a type that could easily be removed should maintenance of the Drainage Facilities be required (stone, brick, or concrete fences are examples of types that are not permitted). Furthermore, any fencing erected shall not materially interfere with the overland conveyance of storm water run-off. 5. Successors and Assigns. This easement reservation and the covenants and restrictions contained herein shall constitute covenants running with the land and shall be binding upon the City and Grantee, and their heirs, successors, and assigns. Grantor conveys, without warranty, all improvements, rights, appurtenances, and hereditaments located thereon or pertaining thereto, including all rights, title, and interest, of Grantor in and to the Property SAVE AND EXCEPT the above-mentioned reserved Easement. TO HAVE AND TO HOLD the Property, without warranty by Grantor, together with all and singular the rights and appurtenances thereto in anywise belonging unto the said Grantee and Grantee's successors and assigns forever, save and except the reserved Easement. EXECUTED the day ofQ, 2011, City of Denton By: � Todd 11 i 6cinan, City Manager ACKNOWLEDGMENT THE STATE OF TEXAS § COUNTY OF DENTON § This instrument is acknowledged before me, on this day of ................................................................................................................ 2017 by Todd Hileman, City Manager, City of Denton. Notary Public in and for State of Texas ATTEST: Jennifer Walters, City Secretary APPPROVED AS TO LEGAL FORM: Aaron Leal, City Attorney am After Recording, Return to: Marsam Enterprises, Incorporated 822 South Elm St. Denton, TX 76205-7678 Attention: Dwayne Waters EXHIBIT "A" LEGAL DESCRIPTION BEING a 0.016 acre tract of land situated in the William Loving Survey, Abstract No. 759, City of Denton, Denton County, Texas, and being more particularly described as follows: BEGINNING at the Northwest corner of Lot 1A in Block 2 of the Sanger Brothers Addition, as recorded in Cabinet E, Page 166 of the Plat Records of Denton County, Texas (P.R.D.C.T.), same being the most Northerly Northwest corner of a called 0.622 acre tract of land, as described in Deed to Marsam Enterprises, Inc., and recorded in Document No. 2013-72384 of the Official Records of Denton County, Texas (O.R.D.C.T.), and located in the most Southerly East line of a called 0.107 acre tract of land, described in Deed to the City of Denton, Texas, as recorded in Document No. 2016-62253 (O.R.D.C.T.), from which point a 5/8 inch iron rod with cap stamped "TNP" found at an interior ell corner of said 0.107 acre tract bears South 00°53'33" East, a distance of 29.61; THENCE North 00°53'33" West, departing the Northwest corner of said Lot 1A, and along the most Southerly East line of said 0.107 acre tract, a distance of 7.39 feet to a 5/8 inch iron rod with cap stamped "TNP" found at an interior ell corner of said 0.107 acre tract of land; THENCE South 89°12'52" East, along the most Easterly South line of said 0.107 acre tract, a distance of 93.73 feet to a 5/8 inch iron rod with cap stamped "TNP" found at the most Easterly Southeast corner of said 0.107 acre tract, and located at the intersection with the most Southerly West line of Lot 1 in Block A of the Elm Street Apartments Addition, as recorded in Document No. 2015-423 (P.R. D.C.T.); THENCE South 01°56'17" West, along the most Northerly East line of said 0.107 acre tract and the most Southerly West line of said Elm Street Apartments Addition, a distance of 7.66 feet to an "X" Cut found at the intersection with the North line of said Lot 1A; THENCE North 89°02'49" West, departing the West line of said Elm Street Apartments Addition, and along the North line of said Lot 1A, same being the most Northerly line of said 0.622 acre tract, a distance of 93.36 feet to the POINT OF BEGINNING, and containing 0.016 acres of land, more or less. NOTES: 1. Bearings are referenced to Grid North of the Texas Coordinate System of 1983, North Central Zone No. 4202. 2. An Easement Exhibit of even date herewith accompanies this Legal Description. See Exhibit "B". -- -!n!!�.,....., f .,m„m,,,,.,,.,,.la-3-11.. - Marvin King, R.P. .S. No. 5581 Teague Nall & Perkins 1517 Centre Place Drive, Suite 320 Denton, Texas 76205 940-383-4177 Date: November 3, 2017 DEN16242 — City of Denton Page 1 of 3 CONC. cvm rrrrrr O)Ln � wN U)zZ(n(nz os�00_ CA uUl o CA (n N w W�(_nw JN(.4, rn Mi m ca C v z MYRTLE STREET !4 (VARIABLE WIDTH RIGHT-OF-WAY) -- — --OHE— — —0-OHE— — —OHE— — CA �"o 09 In rte• op a z m Iv�m SMS I: Opm y �a fi � a m orob�m w �s> o 0 ## "0 'o v �/1 � co n C 0 09 In rte• op 0MZ4 ii y L6 WEST UNE LOT 1A ASPHALT PAVING 0.030ACRE RIGHT-OF-WAY DOC. NO. 2015-023 c—• — t--�'. — ""'c;^oE +ma.m,... �_.� ,.„.r^OHIE.-- — —OHE— — . tv !'SIDEWALK y u EXISrlo OPI r -OF- AYUM I• d5,1r8 5- ELECTRIC E — DOC. 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