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CM-2015-781 - 11/5/2014City of Round Rock ROUNe ROCK reins Agenda Item Summary Agenda Number: Title: Consider executing a release and vacation of ingress and egress easement with SV-ONA LaFrontera Land Limited Partnership ("SV-ONA" ). Type: City Manager Item Governing Body: City Manager Approval Agenda Date: 11/5/2014 Dept Director: Steve Sheets, City Attorney Cost: Indexes: Attachments: Department: Legal Department Text of Legislative File CM -2015-751 ClryofftuWRock Ppe1 PH~. NflY 5 RELEASE AND VACATION OF INGRESS AND EGRESS EASEMENT THE STATE OF TEXAS KNOW ALL BY THESE PRESENTS: COUNTY OF WILLIAMSON WHEREAS, SV-ONA LaFromera Land Limited Partnership ("SV-ONA") is the grantor of that certain Ingress and Egress Easement dated March 28, 2014, recorded in Document No. 2014021460, Official Public Records of Williamson County, Texas (the "Easement"); WHEREAS, the City of Round Rock, Texas (the "City") is the grantee under the Easement; and WHEREAS, SV-ONA and the City desire to release and vacate the Easement such that the Easement has no further effect; NOW THEREFORE, SV-ONA and the City agree as follows: 1. The City, for and in consideration of the sum of Ten and No/100 Dollars ($10.00) and other good and valuable consideration paid to it by SV-ONA, the receipt and sufficiency of which is hereby acknowledged, does hereby ABANDON, RELEASE and DISCHARGE its easement interest as set out in the Easement. 2. SV-ONA, for and in consideration of the release of the Easement by the City, the sufficiency of which is hereby acknowledged, does hereby VACATE the Easement. 3. SV-ONA and the City agree that this instrument is given specifically to release the Easement in its entirety, and the same is hereby terminated by abandonment, termination, vacation, and cessation of purpose, and which shall be of no further force and effect, whether legal or equitable. IN WITNESS WHEREOF, SV-ONA and the City have executed this instrument to be effective as of the last date of due execution by all parties. (Signatures on the following page). 00314523.doc/jmr AUS:0041305/00345:560211v2 CITY OFAIOUND ROCK, TEXAS By: Laurie Hadley, CIty Manag Date:—//—,5 —/5z SV-ONA LAFRONTERA LAND LIMITED PARTNERSHIP By: SIVE Commer4ViceP General P e sy: Steve reche�nt Date: _1 AUS:0041305/00345:56021 1 d2 THE STATE OF TEXAS COUNTY OF WILLIAMSON This instrument was acknowledged before me on this the 51"- day of the month of -�6aynba 2014, by Laurie Hadley, City Manager, City of Round Rock, Texas, in the capacity and for the purposes and consideration therein expressed. . SARIDON CHAMBLESS � Notary Publb, State of Tex m 2A ',%q+x i My Corn lsslon Expires May 17, 2016 THE STATE OF I P1`F�S COUNTYOF ��AJIS f ,� 1. /.lI JL . v/ '6/ Notary ACKNOWLEDGMENT This instrument was acknowledged before me on this the -bkk day of the month of 644, 66-3' . 2014, by Steve Freche, Vice President of Sive Commercial Inc., general partner of SV- ONA LaFrontem Land Limited Partnership, in the capacity and for the purposes and consideration therein expressed. Notary Public, State of Texas AFTER RECORDING RETURN TO: Sheets & Crossfield, P.C. 309 East Main Street Round Rock, Texas 78664 AUS:0041305/00345:560211v2 SUSAN EWNECUNNINGNMI y MY COMMISSION E%PIKES Ausu,i2s,z0te