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1999-229AN ORDINANCE APPROVING A REAL ESTATE CONTRACT BETWEEN THE CITY OF DENTON~ AND JOSEPH E KECK AND BARBARA KECK, RELATING TO THE PURCHASE OF 0 005 ACRES OF LAND FOR THE EXPANSION OF U S HIGHWAY 77 (PARCEL 43), AUTHORIZING THE EXPENDITURE OF FUNDS THEREFORE, AND PROVIDING AN EFFECTIVE DATE THE COUNCIL OF THE CITY OF DENTON, TEXAS HEREBY ORDAINS SECTION I That the City Manager is hereby anthonzed to execute a Real Estate Contract between the C~ty and Joseph E Keck and Barbara Keck, ~n substantially the form of the Real Estate Contract wluch ~s attached to and made a part of this ordinance for all purposes, for the purchase of 0 005 acres of land for the expansion of U S H~ghway 77 (Parcel 43) SECTION II That the C~ty Manager ~s anthonzed to make the expen&tures as set forth m the attached Real Estate Contract ~ That thxs ordinance shall become effective ~mmedmtely upon ~ts passage and approval PASSED ANDAPPROVEDthlsthe /~ day of (~,~ ,1999 JAC~ ATTEST' JENNIFER WALTERS, CITY SECRETARY HERBEKT L PROUTY, CITY ATTORNEY REAL ESTATE CONTRACT STATE OF TEXAS COUNTY OF DENTON THIS CONTRACT OF SALE as made by and between JOSEPH E KECK AND BARBARA KECK (hereanafter referred to as "Seller") and CITY OF DENTON, TEXAS, a home rule munacapalaty, of Denton, Denton County, Texas, (hereanafter referred to as "Purchaser"), upon the terms and condataons set forth herean PURCHASE AND SALE Seller hereby sells and agrees to convey, and Purchaser hereby purchases and agrees to pay for all that certaan tract, lot or parcel of land descrabed an Exhabat "A" attached w=th all raghts and appurtenances pertaan~ng to the saad property, · ncludang any raght, tatle and ~nterest of Seller an and to ad3acent streets, alleys or r~ghts-of-way (all of such real prop- erty, raghts, and appurtenances be=ng here=nafter referred to as the "Property"), together wath any am~rovements, f=xtures, and personal property s~tuated on and attached to the Property, for the cons~derataon and upon and sub3ect to the terms, provas~ons, and condat~ons hereanafter set forth Seller shall pay all cost for the removal, anstallataon, construction, re~nstallat~on, reconstructaon, labor and materials for any and/or ~mprove~ents located w~than the property descrabed ~n Exhabat "A" Any amprovements not removed by October 31, 1999 shall become property of the CLty of Denton, Texas PURCHASE PRICE i Amount of Purchase Prace The purchase prLce for the Property shall be the sum of $1,650 00 2 Payment of Purchase PrLce The full amount of the Purchase Prace shall be payable Ln cash at the closang PURCHASER'S OBLIGATIONS The oblagataons of Purchaser hereunder to consummate the transa~tLons contemplated hereby are sub3ect to the satasfactLon of each of the followang conc~taons any of wh=ch may be waaved an whole or an part by Purchaser at or prior to the closLng i Prel~m~nar~ TLtle Re~ort WathLn twenty (20) days after the date hereof, Seller, at Seller's sole cost and expense, shall have caused the Tatle Company (hereanafter defaned) to assue a owners polacy con~atment (the "Conunatment") accompanaedby copaes of all recorded documents relating to easements, raghts-of-way, etc , affectang the Property Purchaser shall gave Seller written notace on or before the exp~rataon of ten (10) days after Purchaser receaves the Con~atment that the condataon of tatle as set forth an the Co-~tment as or as not satasfactory In the event Purchaser states the condataon of tatle as not satasfactory, Seller shall, at Seller's optaon, promptly undertake to elamanate or modafy all unacceptable matters to the reasonable satasfactaon of Purchaser In the event Seller as unable to do so wathan ten (10) days after receapt of wratten notace, thas Agreement shall thereupon be null and voad for all purposes, otherwise, thas condataon shall be dee~ed to be acceptable and any ob3ect=on thereto shall be deemed to have been waaved for all purposes 2 Survey Purchaser may, at Purchaser's sole cost and expense, obtaan a current survey of the Property, prepared by a duly lacensed Texas land surveyor acceptable to Purchaser The survey shall be staked on the ground, and shall show the locataon of all amprovements, haghways, streets, roads, raalroads, r~vers, creeks, or other water courses, fences, easements, and raghts-of- way on or adjacent to the Property, af any, and shall contaan the surveyor's certafacataon that there are no encroachments on the Property and shall set forth the n-m~er of total acres comprasang the Property, together wath a metes and bounds descraptaon thereof Purchaser wall have ten (10) days after receapt of the survey to review and approve the survey In the event the survey as unacceptable, then Purchaser shall w~than the ten (10) day peraod, gave Seller wratten notace of thas fact Seller shall, at Seller's option, promptly undertake to elamanate or modafy the unacceptable portaons of the survey to the reasonable satasfact~on of Purchaser In the event Seller as unable to do so wath~n ten (10) days after receapt of wratten notace, Purchaser may termanate th~s Agreement, and the Agreement shall thereupon be null and voad for all purposes and the Escrow Deposat shall be returned by the Tatle Company to Purchaser Purchaser's faalure to gave Seller thas wratten not~ce shall be deemed to be Purchaser's acceptance of the survey 3 Seller's Complaanoe Seller shall have performed, ob- served, and complaed w~th all of the covenants, agreements, and condations required by thas Agreement to be performed, observed, and complied wath by Seller praor to or as of the closang AEE00~FE PAGE 2 REPRESENTATIONS AND WARRANTIES OF SELLER Seller hereby represents and warrants to Purchaser as follows, which representations and warrant~es shall be deemed made by Seller to Purchaser also as of the closing date i There are no part~es ~n possess=on of any port~on of the Property as lessees, tenants at sufferance, trespassers or other part~es 2 Except for the prior actions of Purchaser, there ~s no pending or threatened condemnation or s~m~lar proceeding or assessment or suit, affect=ng title to the Property, or any part thereof, nor to the best knowledge and belief of Seller Ks any such proceeding or assessment contemplated by any governmental authority 3 Seller has com~l=ed w=th all applicable laws, ordinances, regulations, statutes, rules and restrictions relating to the Property, or any part thereof 4 To the best of the seller's knowledge, there are no toxic or hazardous wastes or materials on or w~th~n the Property Such toxic or hazardous wastes or materials include, but are not l~m~ted to, hazardous materials or wastes as same are defined by the Resource Conservation and Recovery Act (RCRA), as amended, and the Comprehensive Environmental Response Compensation and L~ab~l~ty Act (CERCLA), as amended CLOSING The closing shall be held at the off~ce of Dentex T~tle Company on or before August 31,1999, or at such t=tle company, t~me, date, and place as Seller and Purchaser may mutually agree upon (which date ~s herein referred to as the "closing date") CLOSING REQUIREMENTS I Seller's Rec~u~rements At the closing Seller shall A Deliver to State of Texas, acting by and through the Texas Transportation Col~Rlsslon a duly executed and acknowledged Deed in the form as attached hereto as Exhibit "B" conveying good and marketable t~tle to all of the Property, free and clear of any and all llens, encumbrances, condlt~ons, easements, assessments, and restrLctLons, excmpt for the following AEE008FE PAGE 3 I General real estate taxes for the year of closang and subsequent years not yet due and payable, 2 Any exceptaons approved by Purchaser pursuant to Purchaser's Obl~gataons here- of, and 3 Any exceptaons approved by Purchaser an wr~tang B Delayer to Purchaser a Texas Owner's Polac~ of Tatle Insurance at Purchaser's sole expense, assued by Dentex Tatle Com~0any, Denton, Texas, (the "Tatle Company"), or such tatle company as Seller and Purchaser may mutually agree upon, ~n Purchaser's favor ~n the full amount of the purchase price, insuring fee simple t~tle for the State of Texas to the Property subject only to those t~tle exceptions l~sted an Closing Rec~u~rements hereof, such other exceptions as may be approved ~n wratang by Purchaser, and the standard prLnted exceptions contaLned · n the usual form of Texas Owner's PolLcy of TLtle Insurance, provaded, however i The boundary and survey exceptaons shall be deleted Lf requLred by Purchaser and af so requLred, the costs associated wLth same shall be borne by Purchaser, 2 The exceptaon as to restr~ctave cove- nants shall be endorsed "None of Record", 3 The exceptLon for taxes shall be lamated to the year of closing and shall be endorsed "Not Yet Due and Payable", and 4 The exceptaon as to laens enc~mm~er~ng the Property shall be endorsed "None of Record" C Delaver to Purchaser possesszon of the Property on the day of closzng 2 Purchaser's Rec~uarements Purchaser shall pay the consLderatLon as referenced an the "Purchase Price" sectaon of this contract at ClosLng an ammedaately avazlable funds AEE008FE PAGE 4 3 ClosLn~ Costs Seller shall pay all taxes assessed by any tax collectLon authorLty through the date of ClosLng All other costs and expenses of closang an cons,tmm~tLng the sale and purchase of the Property not specLfacally allocated hereLn shall be paadby Purchaser REAL ESTATE COmmISSION Ail oblLgataons of the Seller and Purchaser for payment of brokers' fees are contaLned Ln separate wratten agreements BREACH BY SELLER In the event Seller shall fall to fully and tamely perform any of Lts oblLgatLons hereunder or shall fall to consummate the sale of the Property except Purchaser's default, Purchaser may eLther enforce specLfLc performance of thLs Agreement or termLnate thLs Agreement by wrLtten notLce dalLvered to seller BREACH BY PURCHASER In the event Purchaser should fall to cons~mm~te the purchase of the Property, the condLtLons to Purchaser's oblLgatLons set forth Ln PURCHASER'S OBLIGATIONS havang been satasfLed and Purchaser beLng an default Seller may eLther enforce specafac performance of thas Agreement, or termLnate thLs Agreement by wratten notLce delLvered to purchaser MISCELLANEOUS i AssL~nment of A~reement ThLs Agreement may be assagned by Purchaser wLthout the express wrLtten consent of Seller 2 SurvLval of Covenants Any of the representatLons, war- rantLes, covenants, and agreements of the partaes, as well as any rLghts and benefLts of the partLes, pertaLnLng to a peraod of tame followLng the closLng of the transactLons cont_~-~.lated hereby shall survLve the closLng and shall not be merged thereLn 3 NotLce Any notLce requLred or permLtted to be delavered hereunder shall be deemed receLved when sent by UnLted States mall, postage prepaLd, certLfLed mall, return receLpt requested, addressed to Seller or Purchaser, as the case may be, at the address set forth beneath the sagnature of the party AEE008FE PAGE 5 4 Texas Law to Ap~ly Th~s Agreement shall be construed under and in accordance w~th the laws of the State of Texas, and all obl=gat~ons of the part=es created hereunder are performable an Denton County, Texas 5 Part~es Bound Th~s Agreement shall be b~ndang upon and · nure to the benefit of the part~es and thear respective hears, executors, administrators, legal representataves, successors and assagns where permattedby th~s Agreement 6 Legal Constructaon In case any one or more of the pro- vasaons contained an thas Agreement shall for any reason be held to be invalid, ~llegal, or unenforceable ~n any respect, sa~d validity, allegal~ty, or unenforceab~l~ty shall not affect any other provas~on hereof, and th~s Agreement shall be construed as af the ~nvalad, allegal, or unenforceable provasaon had never been contained here~n 7 Prior A~reements Superseded Thas Agreement constatutes the sole and only agreement of the partaes and supersedes any praor understandings or written or oral agreements between the part~es respecting the w~than sub3ect matter 8 Tame of Essence Tame as of the essence an thas Agreement 9 Gender Words of any gender used an th~s Agreement shall be held and construed to ~nclude any other gender, and words the sangular D~er shall be held to anclude the plural, and vace versa, unless the context requires otherwase 10 Memorandum of Contract Upon request of either party, both part~es shall promptly execute a memorandum of th~s Agreement suitable for f~l~ng of record 11 Co~llance In accordance w=th the requarements of the Texas Real Estate Lacense Act, Purchaser as hereby advised that at should be furnished w~th or obtaan a policy of tatle ~nsurance or Purchaser should have the abstract coverang the Property examined by an attorney of Purchaser's own select~on 12 T~me Llmat In the event a fully executed copy of thas Agreement has not been returned to Purchaser wathan ten (10) days after Purchaser executes th~s Agreement and delayers same to Sel- ler, Purchaser shall have the raght to terminate thas Agreement upon wratten not~ce to Seller AEE008FE PAGE 6 SELLER PURCHASER THE ~.~ DENTON, TEXAS Denton, Texas 76201 Barbara Keck STATE OF TEXAS COUNTY OF DENTON Th%~ %~str~ment Ks ack ~e~m~n th~s day of of ~nt~, a mun=c~pal co~orat~on, kno~ to me to be the person and officer whose n~e =s s~scr~bed to the foregoing ~nstr~ent and acknowledged to ~ that the s~ was the act of the sa~d C~ty of Denton, Texas, a municipal co~orat~on, that he was duly au~orlzed to perfo~ the s~ by appropr=ate ord=nance of the C~ty C~unc~l of the C~ty of Denton and that he executed the s~ as the act of ~e sa~d C~ty for pu~oses and consecration there~n .~ressed, and ~n the ca~ac~t~ ~here~n s~ated STATE OF ~ CO~ OF DE~ON Th~s ~nst~nt ~s acknowledged before me, on thzs /~ day of ~ 1999 Keck and Barbara Keck by Joseph E nOaEaN WU" 11] ~ or , ~ Gommls~,on Exp, cs~-Z~ the State of Texas AEE008FE PAGE 7 EXHIBIT "A' County Denton Page 1 of 1 H~ghway U.S. 7'/ Project L~mlts From I.H. 3B Rev October 6, 1994 To U.S. 380 CSJ ~ Account: FIELD NOTES FOR PARCEL 43 BEING A PARCEL OF LAND SITUATED IN A TRACT OF LAND CONVEYED TO JOSEPH E. KECK AND WIFE, BARBARA KECK0 RECORDED IN VOLUME 1154, PAGE 626, DEED RECORDS OF DENTON COUNTY, TEXAS (DRDCTI, BEING SITUATED IN THE N.H MEISENHEIMER SURVEY, ABSTRACT NO 811, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS. COMMENCING for reference et a found axle for the southwest corner of saId Keck tract, THENCE N 02° 22' 42" E, along the west llne of said Keck tract, a distance of 120 00 feet to a point for the northwest corner of said Keck tract, same being a point on the east right of way line of Bohvar Street and the south right of way line of Orr Street, THENCE S 86° 59' 31" E, along the north property line of said Keck tract and the south right of way line of Orr Street, a dlstanoo of 299.13 feet to a set 5/8-inch Iron rod with an aluminum cap being the POINT OF BEGINNING, same being a point on the new west right of way line of U S 77, (1) THENCE S 88° 59' 31" E, along a hns common to said Keck tract and south right of way line of Orr Street, a distance of 21.72 feet to the northeast corner of said Keck tract, same being a point ~ the ex~atlng west right of way line of U.S 77, (2) THENCE S 00° 05' 51 ' W, along a line common to aa~d Keck tract and existing west right of way line of U.S. 77, s distance of 19.68 feet to a set 'X' cut m concrete, same being a point on the new west right of way line of U.S 77, (3) THENCE N 46° 07' 33" W, along the new west right of way hne of U S. 77, a distance of 30.05 feet to the POINT OF BEGINNING, and containing 0 005 acre, or 214 square feet of land, more or less J~hn F Wilder, R P.L.S Date Texas No 4285