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CM-2019-0315 - 10/18/2019REAL ESTATE CONTRACT Lake Creek Trail THIS REAL ESTATE CONTRACT ("Contract') is made by and between BEE SAFE ROUIND ROCK 1-35, LLC, (referred to in this Contract as "Seller", wvhether one or more) and the CITY OF ROUND ROCK, TEXAS (referred to in this Contract as "Purchaser"), upon the terms and conditions set forth in this Contract. ARTICLE I PURCHASE AND SALE By this Contract, Seller sells and agrees to convey, and Purchaser purchases and agrees to pay for, the tract(s) of land described as follows: All of that certain 0.515 acre (22,424 square foot) tract of land out of and situated in the Jacob M. Harrell Survey, Abstract No. 284 in Williamson County, Texas; more frilly described in Exhibit "A", attached hereto and incorporated herein Parcel 5); together with all and singular the rights and appurtenances pertaining to the property, including any right, title and interest of Seller in and to adjacent streets, alleys or rights-of-way (all of such real property, rights, and appurtenances being referred to in this Contract as the "Property'), and any improvements and fixtures situated on and attached to the Property described in Exhibit "A" not otherwise retained by Seller, for the consideration and upon and subject to the terms, provisions, and conditions set forth below. ARTICLE II PURCHASE PRICK Purchase Price and Additional Compensation 2.01. The Purchase Price for the Property, and compensation for any damage or curative measures Ior the remaining property of Seller as a result of this transaction, shall be the sunt of TWENTY TI IOUSAND and 00.100 Dollars ($20,000.00). Pavinent of Purchase Price and Additional Compensation 2.02. The Purchase Price shall be pa)able in cash at the Closing. which cash pa%°meat ma) be made bN "ire transfer. 041431664 1)( K &1, 2-0 l 1- b3 iS ARTICLE Ill PURCHASER'S OBLIGATIONS Conditions to Purchaser's Obligations 3.01. The obligations of Purchaser hereunder to consummate the transactions contemplated hereby are subject to the satisfaction of each of the follo%%ing conditions (an) of which may° be i aived in %-hole or in part by Purchaser at or prior to the Closing). Miscellaneous Conditions 3.02. Seller shall have performed, observed, and complied with all of tile covenants, agreements, and conditions required by this Contract to be performed, observed, and complied with by Seller prior to or as of the Closing. ARTICLE IV REPRESENTATIONS AND WARRANTIES OF SELLER 4.01. Seller hereby represents and %%arrants to Purchaser as follo%%s, which representations and warranties shall be deemed made by Seller to Purchaser also as of the Closing Date, to the best of Seller's knowledge: (a) There are no parties in possession of any portion of the Property as lessees, tenants at sufferance, or trespassers, other than previously disclosed to Purchaser; (b) Seller has complied with all applicable laws, ordinances, regulations, statutes, rules and restrictions relating to the Property, or any part thereof, 4.02. The Propertherein is being conveyed to Purchaser under threat of condemnation. ARTICLE V CLOSING Closing Date 5.01. The Closing shall be held at the office of Independence Title Company on or before October 15, 2019, or at such time, date. and place as Seller and Purchaser may a-rce upon, or ithin 10 clays after the completion of any title curative matters if necessary for items as sho«n on the Title Commitment or in the contract (%%hick date is herein referred to as the"Closing Date"). Seller's Obligations at Closing 5.02. At the Closing Seller shall: (1) Deliver to the City of Round Rock, Texas a duly executed and acknowledged Special Warranty Deed conveying good and indefeasible title in fee simple to all of the Property described in Exhibit "A" (the "Deed"), free and clear of an), and all Iiens and restrictions, except for the following: (a) General real estate taxes for the year of closing and subsequent years not yet due and payable; (b) Any exceptions identified on the Title Commitment issued to Purchaser bN Title Company that are not objected to b) Purchaser, in writing to Seller, within ten (10) days after the latest date this Contract is signed. The parties recognize and agree that a deed of trust encumbers the Property, and that same must be released from the Propert)s on or before the Closing ; and (c) An) exceptions approved by Purchaser in writing. (2) The Deed shall be in the form as shown in Exhibit "B", attached hereto. (3) Protide reasonable assistance as requested and at no cost to Seller to cause Title Company to provide Purchaser a Texas Owner's Title Policy at Purchaser's sole expense, issued by Title Company, in Purchaser's Favor in the full amount of the Purchase Price, insuring Grantee's Fee simple andior easement interests in and to the Properly subject onl) to those title exceptions listed herein, such other exceptions as ma) be approved in writing by Purchaser, and the standard printed exceptions contained in the usual form of Texas Owner's Title Police, provided, however: (a) The boundar) and curve) exceptions shal I be deleted; (b) The exception as to restrictiNe co%enants shall be endorsed "None of Record", if applicable; and (c) The exception as to the lien for lanes shall be limited to the year of closing and shall be endorsed "Not Yet Due and Payable". (4) Deliver to Purchaser possession of the Propert} . Purchaser's Obligations at Closing 5.03. At the Closing. Purchaser shall: (a) I a� the cash portion of the Purchase Price to Seller. Prorations 5.04. General real estate taxes for the then current year relating to the Property shall be prorated as of the Closing Date and shall be adjusted in cash at the Closing. If the Closing shall occur before the tax rate is fixed Cor the then current )car, the apportionment of taxes shall be upon the basis of the tax rate for the next preceding year applied to the latest assessed valuation. Agricultural roll -back taxes. if any, shall be paid by Purchaser. Ciosine Costs 5.05. All costs and expenses of closing in consummating the sale and purchase of the Property shall be borne and paid as follw s: (1) 0%%ner's Title Policy and sure) to be paid by Purchaser. (2) Deed, tax certificates, and title curati%e matters, ifany, paid by Purchaser. (3) All other closing costs shall be paid by Purchaser. (4) Attorney's fees paid b) each party respectively as incurred. ARTICLE VI BREACH BY SELLER In the event Seiler shall fail to fully and timely perform any of its obligations hereunder or shall fail to consummate the sale of the Property for an) reason, except Purchaser's default, Purchaser's sole remedy, at its election, is to either (1) enforce specific performance of this Contract; or (2) request that the Escrow Deposit, if any, shall be Forthwith returned by the title compam' to Purchaser. ARTICLE VII BREACH BY PURCHASER In the event Purchaser should fail to consummate the purchase of the Property, the conditions to Purchaser's obligations set forth in Article III having been satisfied and Purchaser being in default and Seller not being in default hereunder, Seller shall have the right to receive the Escrox% Deposit, if any. from the title company, the sum being agreed on as liquidated damages far the failure of Purchaser to perform the duties, liabilities. and obligations imposed upon it b) the terins and provisions of this Contract. and Seller a-rees to accept and take this cash payment as its total damanes and relief and as Seller's sole remedy hereunder in such event. If no I:scro« 4 Deposit has been made then Seller shall receive the amount of $500 as liquidated damages for any failure by Purchaser. Notwithstanding anything herein to the contrary, Purchaser and Seller wvill not be Iiable to each other for consequential damages arising from breach of this Contract, the same being waived. ARTICLE Vlll MISCELLANEOUS Notice 8.01. Any notice required or permitted to be delivered hereunder shall be deemed received when sent by United States mail, postage prepaid, certified mail, return receipt requested, addressed to Seller or Purchaser, as the case may be, at the address set forth opposite the signature of the party. Texas Lath to Anniv 8.02. This Contract shall be construed under and in accordance with the laws of the State of Texas, and nil obligations of the parties created hereunder are performable in Williamson County, Texas. Parties Bound 8.03. This Contract shall be binding upon and inure to the benefit of the parties and their respective heirs, executors, administrators, legal representatives, successors and assigns %%here pennitted by this Contract. Leval Construction 8.01. In case any one or more of the provisions contained in this Contract shall for any reason be held to he invalid, illegal, or unenforceable in any respect, this invalidity, illegality, or unenforceability shall not affect any other pro%ision hereof. and this Contract shall be construed as if the invalid, illegal, or unenforceable provision had never been contained herein. Prior Aareements Superseded 8.05. This Contract constitutes the sole and only agreement of the parties and supersedes any prior Understandings or i%ritten or oral agreements bemeen the parties respecting the %%ithin subject matter. Time of Essence 8.06. Time is of the essence in this Contract. Gender 8.07. Words oFany gender used in this Contract shall be held and construed to include any other gender, and words in the singular number shall be held to include the plural, and vice versa, unless the context requires otherwise. Memorandum of Contract 8.08. Upon request of either parte, the parties shall promptly execute a memorandum of this Contract suitable for tiling of record. Compliance 8.09 In accordance with the requirements of Section 20 of the Texas Real Estate License Act, Purchaser is hereby advised that it should be furnished «ith or obtain a policy of title insurance or Purchaser should have the abstract covering the Propert? examined by an attorney of Purchaser's o« n selection. Effective Date 8.10 This Contract shall be effective as of the date it is approved by the Round Rock cite council or city manager, %%hick date is indicated beneath the Mayor's or City Manager's signature belo%%. Counterparts 8.1 1 Fhis Contract may be executed in any number of counterparts, which may together constitute the Contract. Signatures transmitted by facsimile or electronic mail may be considered effective as orifi-inals for purposes of this Contract. [rid,=ualurc page folloii.s] C7 SELLER: BEE SAFE ROUND ROCK I-35, LLC a North Carolina limited liability com ny Bv: '' Address: !1,\ N_ . 1w� %g 2Ql Roy E. CarroIl,il, Manager CALUIA-MW6, NC X01 PURCHASER: CITY OF ROUND ROCK, TEXAS Icy . 1,1A1 )=� L�1' Laurie Hadley, City Manager Date: &aYLI Address: 221 East Main St. Round Rock, Texas 78664 County: Williamson City: Round Rock Parcel: 5 Project: Lake Creek Trail EXHIBIT A DESCRIPTION FOR PARCEL 5 Rev. 08-29-19 Page 1 of 4 DESCRIPTION OF A 0,515 ACRE (22,424 SQUARE FOOT) TRACT OF LAND SITUATED IN THE JACOB M. HARRELL SURVEY, ABSTRACT NO, 284, IN T14E CITY OF ROUND ROCK, WILLIAMSON COUNTY, TEXAS, BEING A PORTION OF LOT 1-A, (2.523 ACRES), REPLAT OF A PORTION OF LOT 5, ROUND ROCK WEST SECTION THREE (REVISED), A SUBDIVISION OF RECORD IN CABINET M, SLIDES 220.222 OF THE PLAT RECORDS OF WILLiAMSON COUNTY, TEXAS. DESCRIBED IN SPECIAL WARRANTY DEED TO BEE SAFE ROUND ROCK I-35, LLC RECORDED 1N DOCUMENT NO. 2017078457 OF THE OFFICIAL PUBLIC RECORDS OF WILLIAMSON COUNTY, TEXAS, SAID 0.515 ACRE (22,424 SQUARE FOOT) TRACT OF LAND BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING at a Mag Nap with washer stamped "Inland -4933" set in the easterly boundary line of said Lot 1-A, same being in the westerly right-of-way (ROW) line of Interstate Highway 35 (IH -36) (right -of -xray width varies), for the southeasterly corner and POINT OF BEGINNING of the herein described Iracl, and from which, an iron rod with plastic cap stamped 'Baker-Aicklen", being Ilia southeasterly corner of said Lot 1-A and Ilia northeasterly comer of Lot 2-A, of said subdivision in said westerly ROW title bears S 19'28'42` E, for a distance of 221.68 feel; THENCE, departing said westerly ROW line, through Ilio interior of said Lot 1-A, the following rive (5) courses. 1) S 54'34119" W, for a distance of 92.88 feet to an Iron rod w/ plastic cap stamped "Inland -4933" set, fora point of curvature to the right; 2) Along said curve to the right, having a delta angle of 28°03'08", a radius of 153.92 feel, an arc length of 75.36 feet and a chord which bears S 68035'53" W, for a distance of 74.61 feet to an Iron rod w/ plastic cap stamped "Inland -4933" set, for a point of tangency; 3) S 82°37-27" W, for a distance of 195.22 feet to an iron rod wl plastic cap stamped "Inland -4933" sot, for a point of curvature to the right; 4) Along said curve to Ilia right, having a delta angle of 11012'15", a radius of 142.76 feet, an arc length of 2.7.92 feet and a chord which bears S 88°13'35" W, for a distance of 27.87 feel to an iron rod w/ plastic cap stamped "Inland -4933" sel, for a point of tangency; 5) N 86810178" W, for a distance of 2.9.33 feet to an iron rod w/ plastic cap stamped "Inland -4933" set In Ilia existing easterly ROW line of the Union Pacific Railroad Company as described in Deed to Missouri Pacific Railroad Company (6.107 acres) recorded In Volume 427, Page 446 of the Deed Records of Williamson County, Texas, sante being the westerly boundary line of said Lot 1 A, for the southweslerly corner of the herein described tract; 6) THENCE, with said existing ROW line, same being the westerly boundary lino of said Lot 1-A, N 21016'54" W, for a distance of 47.88 feel to Ilio calculated northvmslerly corner of said Lot 1-A, same being the southwesterly corner of that called 0.30 acre tract of land (41h Tract) described in Warranty Dead to the City Of Round Rock recorded in Vo",unie 099, Page 480 of Ilia Deed Records of Williamson County, Texas, for the northwesterly corner of the herein described Iract, and horn which a 518 Inch iron rod found, being an anghM point in (lie existing easterly railroad ROW line, same being an angle point in [lie westerly boundary line of Lot 2, Final Plat of Market At Round Rock, a subdivision of record in Cabinet 11, Slide 187- 188 of the Plat Records of Williamson Ca.inty, Texas bears N 21'16'54' W, for a distance of 73 88 feet to a calculated point, being the northeasterly confer of said 6,107 acre ROW tract, being in said westerly boundary line a Lat 7., and continuing N 41'31'01" W, for n distance of 209.72 feet: Page 2of4 THENCE, departing said existing railroad ROW line, with the common boundary line of said Lot 1-A and said 0.30 acre tract, the following two (2) courses: 7) S 86.36'20" E, for a distance of 62.08 feel to a calculated angle point, 8) N 74.47'58" E, for a distance of 353.07 feel to a calculated point In the existing ROW line of said IH -35 for Ilia northeasterly corner of said Lot 1-A, same being Ilio southeasterly corner of said 0.30 acre tract, for the northeasterly corner of the herein described tract, and from which a 112" iron rod found, being an angle point In Ilio existing westerly ROW line of said IH -35 bears N 19'28'42' W, at a distance of 46.20 feel, pass Ilia calculated common northeasterly corner of said 0,30 acre tract and the southeasterly corner of Lot 1 of the Markel Al Round Rock subdivision, and continuing with the common boundary line of said Lot 1 and said existing easterly ROW line of IIA -35 for a total distance of 480.74 feet; 9) THENCE, departing said 0,30 acre tract, with the common boundary Itne of said Lot 1-A and said existing westerly ROW line I1-1-35, S 19°28'42" E, for a distance of 29.29 feel to the POINT OF BEGINNING, containing 0 515 acre (22,424 square feet) of [arid, more or less. This property description is accompanied by a separate parcel plat. All bearings recited herein are based on Ilia Texas Slate Plane Coordinate System, Central Zone No. 4203, NAD 83, THE STATE OF TEXAS § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF WILLIAMSON That I, M. Stephen Truesdale, a Registered Professional Land Surveyor, do hereby certify that the above description Is true and correct to the best of my knowledge and belief and that the property described herein was determined by a survey made on file ground under my direct supervision. WITNESS MY HAMA AND SEAL at Round M, Stephen Truesdhle Registered Professional Land Surveyor No. 4933 Licensed Stale Land Surveyor Inland Geodelics, LLC Firm Registration No: 100597-00 1504 Chisholm Trail Road, Suite 103 Round Rock, TX 78081 County, Texas, 91 Cpkrt 141CO NCTSWARk5 L ACC,LAKEE CKEK TRAILtaARCUSLAKE CH IFINU 'ARCEL 3 BEE SAFE n R 135-REVISEd da_ 0 r-r_�1 r ry Muuvlvrrr/�1ry r ur-ounir- rrviv MARKET AT ROUND ROCK ,- CAD. 13, SLS, 187-188 e7 : x '�� PR1rCT 11 jzlz R �IJq Li A 1 `i4 ci J t" O AI:AI:lACE CAST�!rNT RR ? CAU. n, s�,, 1117- In LOT 2 (6.266 AC.) Nr (ss711615"37 112.0) Z0 50 100 -- - St v w ^=—J tu' sir,. srl,rn H+ ac+r �•�q rnsEu:sac 1" = i 00` rpy trot. 13x1, r c nns o m 0> CITY OF ROUND ROCK LOT } r !w M7 �..J (0.30 AC.)) (2.101 AC.) a o l,Il�s TR p{ VOL'699. PG.T486 x x� D.R.4LC.T. (Nfi��58-� 3g 7, lei e a r e .is4.as 97, UTARIAG= :t Sidfl!d`�Bz� 'r _ ISEE'.'cR EASEUNT d tN:ThGL CASL.!c111 CAG L', SL 720 iy / VOL(3 hl+rr In so. � n.r..r,cT, LOT 1-A �► �, P.O.B. l� SO' t r{ ` `(2.523 AC.) C3 X55 92067 J _ 1 . Q. [] . O • REPLAY OF �— — -- — _ 9p •,: 1 PORTION OF LOT 5 0.515 AC. . _ti (-1... ��: PURI Ir. t,Ru1v 11a" tL1 1 ROUND ROCK 1'fESr 22 424 SQ. FT. T �! rASLL+rnt [) n , Is' ruettC Uutllr 1 CAM PJ. SVS. 720 227 Z9 r u rvrr� SECTION THREE (REVISED) rAsfVE11F R F•r..rrrt 26 �" 1 CAB. FA, SLS. 220-222 tx� Icsn, rc r!cl ry h n r..rtc.1 P.R.1Y.C.T BEE SAFE Q 3a' PUBLIC a r u - 1-•-uuUIV CASEurIiT ROUND ROCK 1--35, LLC lin p 8 r.An. L+, sm 220-222 DOC. N0. 2017078457 j' Im 1 P.R.W.Cl. O.P.R.W.C.T. 1 +� ci 1r'* I,uk.uC DI41r1' I3:4F, PC. DFO 1 JAcvBl'jJ }��/+ 'BARER-AICKLEFI" } tY + ��l✓� f"/f�l�J C. �J�YC/ / I � Y4 1 d LOT 2-A 1 1 1 j (2 (300 AC,) 1 1 1 FZ NO. I DIRECTION DISTANCE L1 I N86'10181'1 29.33' L2 N21'16 54 lY 47.88 L3 S05'35'2D'E 62.013 L3 58334 44 E 67.36 L4 519.28'42"E 29.29 L5 141858'1Y 18.48 L6 (N17'15 V) 46.23 1 L6 N19'28 42 til 46.20' 111 t'. 111 111 NU1.IBER DELTA RADIUS LENGTH CHORD CHORD BEAR -NG Cl 28'03 OD" 153.07. 75.36' 74.61 560'35 53' 1l C2 I i 111215' 142.76 27.92' 1 27.07 5138'13 35 VI c!=_x1:11= rlc�s PROFESSIONAL LAND SURVCYDRi 1504 CFRSHOL61 TRAIL Ria. STE. 103 ROUND ROCK, ix, 78681 FIL ISI 2) 231.1206,FAX (Sl 2) 233-I2ST 1V HIM REGISTRAT10:7 NO. IC059F-00 r PARCEL 5 0,515 ACRES 22,424 SQUARE FEET r; _:. r:n �;to3 rrf a, qr t It r•„r 1c -I ear 1 4 It , • a111 a.rar..n•r •ru nryev a nr..r..- " • -;r,. r: :.r I RLV. 08-29- 2019 03-27-2018 PACE 3 OF 4 -io IMOMW79 0, 161- /ION LEGEND 0 IRON ROD SET W/ PLASTIC CAP T.U.E. TEXAS UTILITY EASEMENT STAMPED "INLAND 4933" D.E. DRAINAGE EASEMENT (N) MAG NAIL W/WASHER STAMPED D,R,W,C.T. DEED RECORDS "INLAND -4933" WILLIAMSON COUNTY, TEXAS fl IRON ROD WITH CAP FOUND P.R.W.0 7. PLAT RECORDS 0 1/2" IRON ROD FOUND WILLIAMSON COUNTY, TEXAS UNLESS NOTED O.P.R.W.C.T. OFFICIAL PUBLIC RECORDS 0 CALCULATED POINT WILLIAMSON COUNTY, TEXAS PROPERTY LINE P.O.B. POINT OF BEGINNING P.U.E. PUBLIC UTILITY EASFMENT ) RECORD INFORMATION DISTANCE BREAK THE SURVEY SHOWN HEREON WAS PREPARED IN CONJUNCTION WITH THAT COMMITMENT FOR TITLE INSURANCE GF NO. 1820766—KFO, ISSUED BY TITLE RESOURCES GUARANTY COMPANY, EFFECTIVE DATE MAY 17, 2018, ISSUE DATE MAY 25, 2018. 1. RESTRICTIVE COVENANTS: CABINET M, SLIDE 220, PLAT RECORDS OF WILLIAYSON COUNTY, TEXAS, SUBJECT TO. 10A. ANY AND ALL EASEMENTS, BUILDING LINES AND CONDITIONS, COVENANTS AND RESTRICTIONS AS SET FORTH IN PLAT RECORDED IN CABINET C, SLIDE 173 AND CABINET M, SLIDE 220, PLAT RECORDS, WILLLIAMSON COUNTY, TEXAS, SUBJECT TO. B. DRAINAGE EASEMENT TO THE CITY OF ROUND ROCK RECORDED IN VOLUME 1191, PAGE 89, OFFICIAL RECORDS OF WILLIAMSON COUNTY, TEXAS, AFFECTS AS SHOWN, C. SANITARY SEWER EASEMENT TO THE CITY OF ROUND ROCK RECORDED IN VOLUME 1381, PAGE 805, OFFICIAL RECORDS OF WILLIAMSON COUNTY, TEXAS, AFFECTS AS SHOWN. D. PUBLIC UTILITY EASEMENT TO THE CITY OF ROUND ROCK RECORDED IN VOLUME 1381, PAGE 810, OFFICIAL RECORDS OF WILLIAMSON COUNTY, TEXAS, AFFECTS AS SHOWN. E. PUBLIC UTILITY EASEMENT TO THE CITY OF ROUND ROCK RECORDED IN VOLUME 1639, PAGE 436, OFFICIAL RECORDS OF WILLIAMSON COUNTY, TEXAS. DOES NOT AFFECT AS SHOWN. 1) ALL BEARINGS SHOWN HEREON ARE BASED ON THE TEXAS STATE PLANE COORDINATE SYSTEM, NAD 83, CENTRAL ZONE, I HEREBY CERTIFY THAT THIS PLAT IS TRUE AND CORRECT AND THAT THE PR PERTY SHOWN HEREON WAS DETERMINED BY A SURVEY MA ON THE GRO�IDI''UNDER MlYUIT SUPE VISION. CA M. STEHP N T UESDALE DATE REGISTERED PROFESSIONAL LAND SURVEYOR NO. 4933 LICENSED STATE LAND SURVEYOR INLAND GEODETICS, LLC FIRM REGISTRATION NO. 100591-00 1504 CHISHOLM TRAIT_ ROAD, SUITE 103 ROUND ROCK, TEXAS 78681 ! h] I.Jti !! 13u �1'k�l �t t Ic PROFESSIONAL LANG SURVEYOR 1501 C111S110L11 TRAIL RD. STE. 103 ROURD BOCK, TX. Mal Fi 612123812CMAX(517123!-12SI I ein, nrrtsrvsrena„n ,onset nn n PARCEL 5 0.515 ACRES 22,424 SQUARE EEC -f ,.nx,ee•,nrtaea:rtotr,,sr,rmrnas+�rc::•aerear, •.anc,ur ,^,,.•v,�r•n, •c..-.,r�,rnar,•te, .selr n: ie r.: � REV. 08 29- 2019 03-27-20"8 PAGE 4, OF 4 I'ritcl i EXHIBIT "B" SPECIAL WARRANTY DEED Lake Creek Trail THE STATE OF TEXAS § COUNTY OF WILLIAMSON § NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY OF THE FOLLOWING INFORMATION FROM THIS INSTRUMENT BEFORE IT IS FILED IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER. NOW, THEREFORE, KNOW ALL BY THESE PRESENTS: That BEE SAFE ROUND ROCK 1-35, LLC, hereinafter referred to as Grantor, whether one or more, for and in consideration of the sum of Ten Dollars ($10.00) and other good and valuable consideration to Grantor in hand paid by City of Round Rock, Texas, the receipt and stifficicnc) of %%hich is hereby ackno%%Icdged, and for which no lien is retained, either expressed or implied. ha%e this da) Sold and b) these presents do Grant. Bargain, Sell and Convey unto CITY OF ROUND ROCK. TEXAS. all that certain tract or parcel of Iand lying and being situated in the Counts of Williamson, State of Texas, along %%ith any improvements thereon, being more partiCularl) described as follo"s: All of that certain 0.515 acre (22,424 square foot) tract of land out of and situated in the Jacob M. Harrell Survey, Abstract No. 284 in Williamson County, Texas: more full) described in Exhibit "A'', attached hereto and incorporated herein PijLgel 5) SAVE AND EXCEPT, HOWEVER, it is expressly understood and agreed that Grantor is retaining title to the following improvements located on the proprrty, described in said Exhibit "A" to wit: NONE RESERVATIONS FROM AND EXCEPTIONS TO CONVEYANCE AND WARRANTY: Visible and apparent easements not appearing of record: An) discrepancies. conflicts. or shortages in area or b0undar3 lines or any encroachments or ani overlapping of improvements %%hick a current sur%ey %%ould shoe: Easements, restrictions, reser%atlons, Co%enants, conditions, oil and Las leases, mineral se%crances, and enClimbrances for taxes and assessments (other than liens and con%eyances) present}) of record in the Official Public Records of Williamson County. Texas, that arfect the properly. but on1% to the extent that said ilents are still %olid and in force and effect at this time. ix113 11.62 N k Grantor reserves all of the oil, gas and other minerals in and under the land herein conveyed but waives all rights of ingress and egress to the surface thereof for the purpose of exploring, developing, raining or drilling or pumping the same; provided, however, that operations for exploration or recovery of an) such minerals shall be permissible so long its all Surface operations in connection therewith are located at a point outside the acquired parcel and upon the condition that none of such operations shall be conducted so near the surface of said land as to interfere with the intended use thereof or in any way interfere with, jeopardize, or endanger the facilities of the City of Round Rock, Texas or create a hazard to the public users thereof; it being intended, however, that nothing in this reservation shall affect the title and the rights of Grantee to take and use without additional compensation any, stone, earth, gravel, caliche, iron ore, gravel or any other building material upon, in and under said land for the construction and maintenance of Lake Creek Trail. TO HAVE AND TO HOLD the property herein described and herein conveyed together with all and singular the rights and appurtenances thereto in any wise belonging unto City of Round Rock, Texas and its assigns forever: and Grantor does hereby bind itself, its heirs, executors: administrators, successors and assigns to Warrant and Forever Defend all and singular the said premises herein conveyed unto City of Round Rock, Texas and its assigns against every person whomsoever lawfully claiming or to claim the same or any part thereof, by, through or under Grantor, but not otherwise. This deed is beinL, delivered in lieu of condemnation. IN WITNESS WHEREOF, this instrument is executed on this the day of 2019. [signature pttgesfolloir] GRANTOR: BEE SAFE ROUND ROCK 1-35, LLC, a North Carolina limited liability company 13S Ra) E. Carroll, ll, Manager STATE OF COUNTY OF ACKNOWLEDGMENT fi fi This instrument aas acknoN%ledged before me on this the __ day of , 2019 by Ro) E. Carroll, 11, in the capacit} and for the purposes and consideration recited therein. Notary Public. State of PREPARED IN THE OFFICE OF: Sheets & Crossfield, P,C. 309 East Main Round Rock, Texas 78664 GRANTEE'S MAILING ADDRESS: Cite ol` Round Rock Attn: City Clerk 221 Main Street Round Rock. Texas 78664 AFTER RECORDING RETURN TO: IECity of Round Rock OUND ROCK ASS Agenda Item Summary Agenda Number: Title: Consider execution of a real estate contract with Bee Safe Round Rock 1-35, LLC for the purchase of a 0.515 acre parcel required for construction of the proposed Lake Creek Trail project (Parcel 5). Type: City Manager Item Governing Body: City Manager Approval Agenda Date. 10/18/2019 Dept Director: Rick Atkins, Parks and Recreation Director Cost: $20,000.00 indexes: 2014 General Obligation Bonds Attachments: LAF-00433382.PDF, Contract-00433098.PDF, Exhibits-00433151.PDF Department: Parks and Recreation Department Text of Legislative File CM -2019-0315 The City originally proposed to purchase a 0.453 acre trail easement from the property owner. The owner asked if the City would instead purchase fee ownership of the proposed parcel, including a small northern remainder, which calculated to a new size of 0.515 acre. The proposed purchase price of $20,000 was reviewed with and recommended for approval by the Parks Department. Cost: $20,000.00 Source of Funds: 2014 General Obligation Bonds CityofRoundRock Page 1 Printed on M812019