Loading...
CM-2020-243 - 9/11/2020REAL ESTATE CONTRACT Gattis School Road Ph. 3 Right of Way THIS REAL ESTATE CONTRACT ("Contract") is made by and between HICKERSON ROUND ROCK LAND, LP, (referred to in this Contract as "Seller", whether one or more) and the CITY OF ROUND ROCK, TEXAS (referred to in this Contract as "Purchaser"), upon the terns and conditions set forth in this Contract. ARTICLE I PURCHASE AND SALE Subject to the terns and conditions set forth in this Contract, in consideration of the construction, improvement and/or widening of Gattis School Road by Purchaser, 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 0.243 acre (10,584 square foot) tract of land out of and situated in the Asa Thomas Survey, Abstract No. 609 in Williamson County, Texas; more fully described in Exhibit "A", attached hereto and incorporated herein(Parcel 12 ; together with all and singular the rights and appurtenances pertaining to the property, including any right, title and interest of Seller, if any, in and to (i) adjacent streets, alleys or rights -of -way, and (ii) any improvements and fixtures owned by Seller and situated on and attached to the property (all of such real property, rights, and appurtenances being collectively referred to in this Contract as the "Property"). Grantor reserves from the term "Property" all of the oil, gas and other minerals in and under the Land but waives all rights of ingress and egress to the surface thereof for the purpose of exploring, developing, mining or drilling or pumping the same; provided, however, that operations for exploration or recovery of any such minerals shall be permissible so long as all surface operations in connection therewith are located at a point outside the acquired Land and upon the condition that none of such operations shall be conducted so near the surface of said Land as to materially and adversely interfere with the intended use thereof or in any way materially and adversely 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 road building material upon, in and under said Land for the construction and maintenance of Gattis School Road. The foregoing mineral reservation and surface waiver will be set forth in the Deed. ARTICLE II PURCHASE PRICE Purchase Price and Escrow Deposit 2.01 The "Purchase Price" for the Property, and for any damages or cost of cure for the remaining property of Seller, shall be the sum of NINE THOUSAND and 00/100 Dollars ($9,000.00). 2.02 Within ten (10) business days following the Effective Date, the Purchaser shall deposit with the Title Company (defined below) sum of FIVE HUNDRED and 00/100 Dollars ($500.00) as earnest money (the "Escrow Deposit"). A portion of the Escrow Deposit (the "Independent Consideration") in the amount of $100.00 shall be non-refundable and shall be distributed to Seller upon any termination of this Contract as full payment and independent consideration for Seller's performance under this Contract and for the rights granted to Purchaser hereunder. The Escrow Deposit will be applied to the Purchase Price at Closing. Payment of Purchase Price 2.02 The Purchase Price shall be payable in cash or wired funds at the Closing. REAL ESTATE CONTRACT -PAGE 1 � 7� e� ARTICLE III 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 the conditions set forth in Section 3.02 of this Contract (any of which may be waived in whole 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 the 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 DISCLAIMER 4.01 IT IS UNDERSTOOD AND AGREED THAT EXCEPT FOR THE WARRANTY OF TITLE CONTAINED IN THE DEED (AS DEFINED IN THIS AGREEMENT), (A) THE PROPERTY IS SOLD BY SELLER AND PURCHASED AND ACCEPTED BY PURCHASER ON AN "AS IS,""WHERE IS" AND "WITH ALL FAULTS" BASIS, SUBJECT TO ANY CONDITION WHICH MAY EXIST, AND WITHOUT THE EXISTENCE OF AND WITHOUT RELIANCE UPON ANY REPRESENTATION, WARRANTY, AGREEMENT, OR STATEMENT BY SELLER, OR ANYONE ACTING ON BEHALF OF SELLER INCLUDING, WITHOUT LIMITATION, ANY BROKER, ARCHITECT, ATTORNEY, EMPLOYEE, CONTRACTOR, OR CONSULTANT; (B) PURCHASER HAS OR WILL HAVE, PRIOR TO THE CLOSING THOROUGHLY INSPECTED AND EXAMINED THE PROPERTY TO THE EXTENT DEEMED NECESSARY BY PURCHASER IN ORDER TO ENABLE PURCHASER TO EVALUATE THE PURCHASE OF THE PROPERTY ON THE FOREGOING BASIS; (C) PURCHASER IS RELYING SOLELY UPON SUCH INSPECTIONS, EXAMINATION, AND EVALUATION OF THE PROPERTY BY PURCHASER IN PURCHASING THE PROPERTY ON AN "AS IS", "WHERE IS" AND "WITH ALL FAULTS" BASIS, WITHOUT REPRESENTATION, WARRANTY, AGREEMENT OR STATEMENT BY SELLER OR ANYONE ACTING ON BEHALF OF SELLER, EXPRESS OR IMPLIED, OF ANY KIND OR NATURE, OTHER THAN THE WARRANTY OF TITLE CONTAINED IN THE DEED; AND (D) TO THE EXTENT ALLOWED BY LAW PURCHASER RELEASES SELLER OF AND FROM ANY AND ALL CLAIMS, ACTIONS, DEMANDS, RIGHTS, DAMAGES, COSTS OR EXPENSES WHICH MIGHT ARISE OUT OF OR IN CONNECTION WITH THE CONDITION OF THE PROPERTY, CLAIMS BASED ON THEORIES OF STRICT LIABILITY, AND CLAIMS FOR CONTRIBUTION BASED ON STATUTES, REGULATIONS OR OTHERWISE. THE PURCHASE PRICE AND OTHER TERMS OF THIS AGREEMENT ARE BASED, IN PART, ON THE PROVISIONS OF THIS SECTION. THE PROVISIONS OF THIS SECTION SHALL SURVIVE THE CLOSING OR ANY TERMINATION OF THIS CONTRACT. ARTICLE V CLOSING Closing- Date 5.01 The Closing shall be held at the office of Independence Title Company (the "Title Company"), address: 203 W. Main Street, Suite A, Pflugerville, Texas 78660, Attn: Julia Bechara, Phone: 512,990.8050, Email: jbecliara@independencetitle.com on or before September 30, 2020, or at such earlier time, date, and place as Seller and Purchaser may mutually agree in writing (which date is herein referred to as the "Closing Date"). REAL ESTATE CONTRACT —PAGE 2 Seller's Obligations at Closing 5.02 At the Closing Seller shall: (1) Deliver to Purchaser a duly executed and acknowledged Right of Way Deed ("Deed") conveying good and indefeasible title in fee simple to all of the Property, free and clear of any and all monetary liens arising by, through or under Seller, but subject to the following ("Permitted Exceptions"): (a) General real estate taxes and assessments for the year of closing and subsequent years not yet due and payable; (b) The standard printed exceptions contained in the usual form of Texas Owner's Title Policy; (c) Visible and apparent easements not appearing of record; (d) Any discrepancies, conflicts, or shortages in area or boundary lines or any encroachments or any overlapping of improvements which a current survey would show; (d) Easements, restrictions, reservations, covenants, conditions, oil and gas leases, mineral severances, and other encumbrances presently of record in the Official Public Records of Williamson County, Texas, that affect the Property, but only to the extent that said items are still valid and in force and effect at the time of Closing; and (e) Any exceptions created by or approved by Purchaser in writing. (2) The Deed shall be in the form as shown in Exhibit `B" attached hereto. (3) Provide 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 and/or easement interests, if any, in and to the Property subject only to the Permitted Exceptions, provided, however, at Purchaser's sole cost and to the extent available at the time of Closing: (a) The boundary and survey exceptions shall be deleted; (b) The exception as to restrictive covenants shall be endorsed "None of Record", if applicable; and (c) The exception as to the lien for taxes shall be limited to the year of closing and shall be endorsed "Not Yet Due and Payable". (4) Deliver to Purchaser possession of the Property. Purchaser's Obligations at Closing 5.03 At the Closing, Purchaser shall: (a) Wire funds in the amount of the Purchase Price, due credit being given for the Escrow Deposit, and subject to adjustments based on prorations. REAL ESTATE CONTRACT— PAGE 3 Proration 5.04 General real estate taxes and assessments for the tax year during which Closing occurs relating to the Property shall be prorated as of the Closing Date based on the assessment of taxes for the year of Closing and shall be adjusted in cash at the Closing. If the ad valorem taxes or assessments applicable to the Property for the tax year during which the Closing occurs are not available, for any reason, the apportionment between Seller and Purchaser shall be estimated based upon the most recent ad valorem tax rates and/or assessments, but shall otherwise be the continuing obligation of the Seller to satisfy. Agricultural roll -back taxes, if any, which directly result from the completion of this transaction and conveyance (by exemption or otherwise) shall be paid by Purchaser. The provisions of this Section shall survive Closing. Closing Costs 5.05 All costs and expenses of closing in consummating the sale and purchase of the Property shall be borne and paid by Purchaser, including without limitation the following: (1) Owner's Title Policy, endorsements to the Title Policy, and survey to be paid by Purchaser. (2) Deed, tax certificates, and title curative matters, if any, paid by Purchaser. (3) The Title Company escrow fees. (4) The cost to record the deed and any other recording fees. (5) All other closing costs shall be paid by Purchaser. The Seller and Purchaser shall pay their own respective attorneys' fees. ARTICLE VI BREACH BY SELLER In the event Seller shall fail to consummate the Closing of tWs Contract for any reason, except Purchaser's default, Purchaser may: (1) enforce specific performance of Seller's obligations under this Contract; or (2) terminate this Contract by delivering written notice to Seller, in which event the Independent Consideration shall be paid to Seller and the remainder of the Escrow Deposit shall be returned by the Title Company to Purchaser, and the parties shall have no further obligations except for any that expressly survive termination of this Contract. ARTICLE VII BREACH BY PURCHASER In the event Purchaser should fail to consummate the Closing of the Contract, except for Seller's default, Seller shall have the right to terminate this Contract by written notice to Purchaser and the Title Company shall deliver the Escrow Deposit to Seller, the sum being agreed on as liquidated damages for the failure of Purchaser to perform the duties, liabilities, and obligations imposed upon it by the terms and provisions of this Contract, and Seller agrees to accept and take this cash payment as its total damages and relief and as Seller's sole remedy hereunder in such event. REAL ESTATE CONTRACT — PAGE 4 ARTICLE VIII MISCELLANEOUS Notice 8.01 Any notice required or permitted to be delivered hereunder shall be deemed received when sent (i) 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, or (ii) by email to the email address of Seller or Purchaser. Texas Law to Apply 8.02 This Contract shall be construed under and in accordance with the laws of the State of Texas, and all 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 where pennitted by this Contract; provided, however, Purchaser may not assign this Contract to any entity which does not possess the power of eminent domain without the written consent of SeIIer. Legal Construction 8.04 In case any one or more of the provisions contained in this Contract shall for any reason be held to be invalid, illegal, or unenforceable in any respect, this invalidity, illegality, or unenforceability shall not affect any other provision hereof, and this Contract shall be construed as if the invalid, illegal, or unenforceable provision had never been contained herein. Entire Agreement 8.05 This Contract constitutes the entire agreement of the parties and supersedes any prior understandings or written or oral agreements between the parties respecting the within subject matter AND NO PROMISE, REPRESENTATION, WARRANTY OR COVENANT NOT INCLUDED IN THIS CONTRACT OR ANY SUCH REFERENCED EXHIBITS HAS BEEN OR IS RELIED UPON OR MADE BY EITHER PARTY. No modification or amendment of this Contract will be of any force or effect unless made in writing and executed by both Purchaser and Seller. Time of Essence 8.06 Time is of the essence in this Contract. Gender 8.07 Words of any 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 The parties shall not record this Contract or a memorandum of this Contract. Should Purchaser attempt to record any such document, said recordation or attempt at recordation will be a default by Purchaser and Seller will have the right to file a termination of said document in the real property records. REAL ESTATE CONTRACT —PAGE 5 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 with or obtain a policy of title insurance or Purchaser should have the abstract covering the Property examined by an attorney of Purchaser's own selection. Effective Date and Calculation of Dates 8.10 This Contract shall be effective on the later of the dates signed by Seller and the date it is approved by the Round Rock city council or city manager, which date is indicated beneath the Mayor's or City Manager's signature below (the "Effective Date"). Unless otherwise specified, in computing any period of time described in this Contract, the day of the act or event after which the designated period of time begins to run is not to be included and the last day of the period so computed is to be included, unless such last day is a Saturday, Sunday or legal holiday under the laws of the State of Texas, in which event the period will run until the end of the next day which is neither a Saturday, Sunday or legal holiday. Unless otherwise expressly provided for in this Agreement, the time for performance of any obligation or taking any action under this Contract will be deemed to expire at 5:00 p.m. on the last day of the applicable time period provided for in this Contract. All references to the time of day refer to Central Standard Time or Central Daylight Standard Time, as applicable on the given day. The terni "business day" will mean any day upon which national banks in DaIIas, Texas are open for business. Counterparts 8.11 This 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 originals for purposes of this Contract. Limitation on Damages 9.11 In no event shall a party to this Contract or its legal representatives, successors or assigns be entitled to recover any punitive, consequential, speculative or any damages other than actual damages in connecting with any breach of this Contract, and all such damages other than actual damages are irrevocably waived. The right of each party, its legal representatives, successors or assigns to recover actual damages in connecting with any breach of this Contract is further subject to any limitation on the recovery of actual damages and any other limitation on remedies which is set forth in other provisions of this Contract. The provisions of this Section shall survive termination or Closing. Exculpated Parties 10.11 NOTWITHSTANDING ANYTHING TO THE CONTRARY CONTAINED IN THIS CONTRACT, NONE OF THE DIRECTORS, OFFICERS, SHAREHOLDERS, MEMBERS, MANAGERS, PARTNERS, EMPLOYEES, CONTRACTORS OR AGENTS OF SELLER, PURCHASER OR THEIR CONSTITUENT PARTIES NOR ANY OTHER PERSON, PARTNERSHIP, CORPORATION, COMPANY, OR TRUST, AS PRINCIPAL OF SELLER OR PURCHASER, WHETHER DISCLOSED OR UNDISCLOSED (COLLECTIVELY, THE "EXCULPATED PARTIES") WILL HAVE ANY PERSONAL OBLIGATION OR LIABILITY UNDER THIS AGREEMENT, AND NEITHER SELLER NOR PURCHASER WILL SEEK TO ASSERT ANY CLAIM OR ENFORCE ANY OF ITS RIGHTS UNDER THIS CONTRACT AGAINST ANY EXCULPATED PARTY. THE PROVISIONS OF THIS SECTION WILL SURVIVE THE TERMINATION OR THE CLOSING OF THIS CONTRACT. REAL ESTATE CONTRACT —PAGE 6 Notices to Purchaser 12.11 Seller hereby notifies Purchaser that the Property is located in a utility or other statutorily created district providing water, sewer, drainage, or flood control facilities and services, Chapter 49, Texas Water Code, at the execution of this Agreement and at Closing, Purchaser will is required to sign the statutory notice relating to the tax rate, bonded indebtedness, or standby fees of the district before final execution of this Agreement, in the form attached hereto as Exhibit "C" ("Utility District Notice"). [signature page follows] REAL ESTATE CONTRACT —PAGE 7 SELLER: HICKERSON ROUND ROCK LAND, LP, a Texas limited partnership By: Hickerson Round Rock Land GP, LLC, a Texas limited liability company, its General Partner By: PRA GP No. 2, Inc., a Texas corporation, its Manager �'j I By: vjvk_lz� Julia alke ., Vice Press t Address: 10210 N. Cen ressway Dallas, Texas 75231 Email: ihawes Livirovidentrealty.net Date: 7 — 2 — Z. c---) With Copy To: Cherry Petersen Landry Albert LLP 8350 N. Central Expressway, Suite 1500 Dallas, Texas 75206 Attn: Stephanie Urano Email: surano(d?cplalaw.com Phone: 214-265-9109 PURCHASER: CITY OF ROUND ROCK, TEXAS By: 13,aAmbl� Ci� nager Date: , REAL ESTATE CONTRACT -PAGE 8 Address: 221 E. Main Street Round Rock, Texas 78664 Email: Ihadley@roundrocktexas.gov roundrocktexas.gov 08/27/2020 ,L� Page 1 of 8 EXHIBIT '` County: Williamson Parcel: 12-A Project: Gattis School Road PROPERTY DESCRIPTION FOR PARCEL 12-A DESCRIPTION OF A 0.243 ACRE (10,584 SQUARE FOOT) TRACT OF LAND SITUATED IN THE ASA THOMAS SURVEY, ABSTRACT NO. 609, IN WILLIAMSON COUNTY, TEXAS, BEING A PORTION OF THE REMAINDER OF THAT CALLED 14.801 ACRE TRACT (EXHIBIT A, FIRST TRACT) AND DESCRIBED IN WARRANTY DEED TO HICKERSON ROUND ROCK LAND, LP RECORDED IN DOCUMENT NO. 2009058882 AND CORRECTED IN DOCUMENT NO. 2009070070 OF THE OFFICIAL PUBLIC RECORDS OF WILLIAMSON COUNTY, TEXAS, SAID 0.243 ACRE (10,584 SQUARE FOOT) TRACT OF LAND BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: COMMENCING at a 1/2" iron rod found 307.80 feet right of proposed Gattis School Road Baseline Station 55+93,60, being an angle point in the westerly boundary line said remainder of the 14.801 acre tract, same being the southeasterly corner of Lot 1, Block A, Randall's Town Centre, Section One, a subdivision of record in Cabinet W, Slides 330-331 of the Plat Records of Williamson County, Texas, also being the northeasterly corner of Lot 1B, Block A, Replat of Randall's Town Centre, Section Three a subdivision of record in Document No. 2014005749 of the Official Public Records of Williamson County, Texas; THENCE, departing said Lot 16, with the common boundary line of said Lot 1, and said remainder of the 14.801 acre tract, N 00009'00" W, at a distance of 217.13 feet, pass an iron rod with aluminum cap stamped "ROW 4933" set 90.74 feet right of proposed Gattis School Road Baseline Station 55+99.37, being an ell corner in the proposed southerly Right -of -Way (ROW) line of said Gattis School Road (ROW width varies), and continuing with said common boundary line and said proposed southerly ROW line, for a total distance of 234.76 feet to an iron rod with aluminum cap stamped "ROW 4933" set (Grid Coordinates determined as N=10,154,294.11, E=3,140,744.11 TxSPC Zone 4203), 73.12 feet right of proposed Gattis School Road Baseline Station 55+99.82, for the southwesterly comer and POINT OF BEGINNING of the herein described tract; 1) THENCE, departing said proposed southerly ROW line, continuing with said common boundary line, N 00°09'00" W, for a distance of 25.00 feet to an iron rod with plastic cap stamped "TERRA FIRMA" found, being the common northerly corner of said Lot 1 and said remainder of the 14.801 acre tract in the existing southerly ROW line of said Gattis School Road (ROW width varies), for the northwesterly corner of the herein described tract; THENCE, departing said Lot 1, with the northerly boundary line of said remainder of the 14.801 acre tract, and said existing southerly ROW line, the following three (3) courses: 2) S 89°52'45" E, for a distance of 95.21 feet to an Iron rod with plastic cap found (unreadable), for a non -tangent curve to the left; 3) Along said curve to the left, having a delta angle of 01°56'57", a radius of 5741.58 feet, an arc length of 195.32 feet and a chord which bears N 89'05'29" E, for a distance of 195.31 feet to an iron rod with plastic cap found (unreadable), for a point of non -tangency, and from which, a concrete monument with disk found bears N 23036'06" E, at a distance of 0.35 feet; Page 2 of 8 4) N 88°09'14" E, for a distance of 154.04 feet to the calculated point, being the northeasterly corner of said remainder of the 14.801 acre tract, same being the northwesterly corner of that called 3.667 acre tract of land described in Special Warranty Deed to GSR Capital, LLC recorded in Document No. 2020087302 of the Official Public Records of Williamson County, Texas, for the northeasterly corner of the herein described tract, and from which, an iron rod with plastic cap stamped "RPLS 5207" bears N 65°27'54" W, at a distance of 0.51 feet; 5) THENCE, departing said existing southerly ROW line, with the common easterly boundary line of said remainder of the 14.801 acre tract and the westerly boundary line of said 3.667 acre tract, S 65027'64" E, for a distance of 54.11 feet to an iron rod with aluminum cap stamped "ROW 4933" set 77.15 feet right of proposed Gattis School Road Baseline Station 60+93.54 in said proposed southerly ROW line, for the southeasterly corner of the herein described tract and from which, an iron rod with plastic cap stamped "RPLS 5207", being an angle point in said common boundary line bears S 65°27'54" E, at a distance of 108.75 feet; 6) THENCE, departing said 3.667 acre tract, through the interior of said remainder of the 14.801 acre tract, with said proposed south ROW line, S 88047'39" W, for a distance of 493.72 feet to the POINT OF BEGINNING, containing 0.243 acre (10,584 square feet) of land, more or less, This property description is accompanied by a separate parcel plat. All bearings recited herein are based on the Texas State 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 the ground under my direct supervision. WITNESS MY HAND AND SEAL at Round Rock, Williamson County, Texas. J J�eL,-1 -„ 6 C/ e O M. Stephen Tr esdale Registered Professional Land Surveyor No. 4933 Date OF Licensed State Land Surveyor Inland Geodetics, LLC 9�p Firm Registration No: 100591-00 . .. NI .. ....I........ 1504 Chisholm Trail Road, Suite 103 r ;; R STEPHEN7M ILSD Round Rock, TX 78681 9 "" 493.3 48J3 �q•''�FE S 5 �O`�t' •Su S:1_RMGATTIS SCHOOL - WINDY PARK TO RR RANCH RMPARCELSIPARCEL 12-A HICKERSON ROUND ROCK LANDIPARCEL 12•A- HICKERSON ROUND ROCK LAND.doc 0 c0 N ao M O ow a O EL 0 Z 0 to p 0 In iti0��m rr 0 Q o u < 6 o ( i � 1 ♦ !6 Y to m r In U �I U o) •IA•o•a ONJISixa 3Nbj�lorM u o a, ~� NM N n N Ldl �c a p M x w o In Wt m Q 4I cli ro I II Ig1,")o U ti ,n J^mom JVQ(� ON f W7m�r1 JaN 4 P �C)u0 a ^� O • QN�J u .~i I) I �• (LlD -JLW�ON2 1 S� p I 1` l�-KUO =S V) o W V) d - N M V - Ol O) v d Lr) to in r in M CP W W W W 3: O v v v i� to N ~ M w o o If1 to lfl 0 r N N M cr o o m W '-' O mm t�O In z z to z z 0 0 z M W _ ^ m -- N tn M Q' to Ifl t` J J J v J J J J Z /(0 aLd a- WUJ4. .p �tNNa � • UI a 1K In t \y o rn LL N0 z x \ caw a� a v (D tvM NCOn- it Q� o o N O o o e Ch �` Z aN0 a 001- gs;�anl' M J Olp Ol J�1 �' tT Y COOS! _•N" d• U d O < n u S 1 Q� Uzi zmo a U,, 0XW UNN Y ON v( c. •�t< a3N'ur zo a• JOGM NEi-1: W O YC - p Q KWaU zWz wO MU CV'.NClN.1�10 ��� � 0 Q' V) aO Er W�a -, ti aqm� w o to 0 �00 W W U u¢rcOwywo Lr $?droo; copl `y ci r ieq U u s �o VI W r � / y�y ll •C-"�r- In. O Nco= rc Utn. C yy!! VOA S� GNV NO O m i ycorn fe Q. tAP) V1 W O po '6SZ ,£L 3,I2 l 190 •OOS) as aZ?Pc� o i'1 ,9L'b£Z MAMMON [D- r�Wj OX 0Z20. 0 w pON O wW0 txz� r t_j r-oWz0. a o s trn� Q ^ U HNF-0J� J tU 0 JJW Z�MU 0. •J C.1 O uii1 O pJM Um Qy3i i Lnn OO1 J zaowo`�a .40m a�tna to L L U a N Ld U a a a 7 J Y u a � .-N5G o Z 4 z J W Y x r N J u U d z a J Y u a O M U In w a x Ln u O H x f- a N U W u cr •a a w J W u Q 5 0 it u Z •G a a O r Y z a a W O C J 2 U V, u 3 u M U vi O gg N 0 •� 1 1 Z�( I.m N Q y N G Oyan%v4 U J ai P Z�S Z°` Q S / O9yz-1 Z WE3.8m� go Ec EXHIBIT B Parcel 12 RIGHT OF WAY DEED Gattis School Road Ph. 3 Right of Way 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 HICKERSON ROUND ROCK LAND, LP, a Texas limited partnership, 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 ("Grantee"), whose address is 221 E. Main Street, Round Rock, Texas 78664, the receipt and sufficiency of which is hereby acknowledged, and for which no lien is retained, either expressed or implied, have tlus day Sold and by these presents do Grant, Bargain, Sell and Convey unto Grantee, all that certain tract or parcel of land described on Exhibit A attached hereto (the "Land"), together with any improvements owned by Seller, if any, thereon (collectively, the "Property") RESERVATIONS, DISCLAIMERS, RESTRICTIONS, AND EXCEPTIONS TO CONVEYANCE AND WARRANTY: 1. It is expressly understood and agreed that access on and off Grantor's remaining property to and from the proposed roadway facility from the abutting remainder property shall be pennitted, subject only to regulation by Grantee to be necessary in the interest of public safety or by applicable zoning, platting, or permitting requirements. 2. This conveyance is made and accepted subject to; (i) all visible and apparent easements not appearing of record; (ii) any discrepancies, conflicts, or shortages in area or boundary lines or any encroachments or any overlapping of improvements which a current survey would show; and (iii) easements, restrictions, reservations, covenants, conditions, oil and gas leases, mineral severances, and other encumbrances presently of record in the Official Public Records of Williamson County, Texas, that affect the Property, but only to the extent that said items are still valid and in force and effect at this time. 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, ironing or drilling or pumping the same; provided, however, that operations for exploration or recovery of any such minerals shall be permissible so long as all surface operations in connection therewith are located at a point outside the acquired Land and upon the condition that none of such operations shall be conducted so near the surface of said Land as to materially and adversely interfere with the intended use thereof or in any way materially and adversely 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 REAL ESTATE CONTRACT EXHIBIT B -PAGE 1 Grantee to take and use without additional compensation any, stone, earth, gravel, caliche, iron ore, gravel or any other road building material upon, in and under said Land for the construction and maintenance of Gattis School Road. IT IS UNDERSTOOD AND AGREED THAT EXCEPT FOR THE WARRANTY OF TITLE CONTAINED IN THIS DEED, (A) THE PROPERTY IS SOLD BY GRANTOR AND PURCHASED AND ACCEPTED BY GRANTEE ON AN "AS IS," "WHERE IS" AND "WITH ALL FAULTS" BASIS, SUBJECT TO ANY CONDITION WHICH MAY EXIST, AND WITHOUT THE EXISTENCE OF AND WITHOUT RELIANCE UPON ANY REPRESENTATION, WARRANTY, AGREEMENT, OR STATEMENT BY GRANTOR, OR ANYONE ACTING ON BEHALF OF GRANTOR INCLUDING, WITHOUT LIMITATION, ANY BROKER, ARCHITECT, ATTORNEY, EMPLOYEE, CONTRACTOR, OR CONSULTANT; AND (B) TO THE EXTENT ALLOWED BY LAW, GRANTEE RELEASES GRANTOR OF AND FROM ANY AND ALL CLAIMS, ACTIONS, DEMANDS, RIGHTS, DAMAGES, COSTS OR EXPENSES WHICH MIGHT ARISE OUT OF OR IN CONNECTION WITH THE CONDITION OF THE PROPERTY, CLAIMS BASED ON THEORIES OF STRICT LIABILITY, AND CLAIMS FOR CONTRIBUTION BASED ON STATUTES, REGULATIONS OR OTHERWISE. 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 Grantee and its assigns forever subject to the reservations, disclaimers, restrictions and exceptions set forth herein; and subject to the to the reservations, disclaimers, restrictions and exceptions set forth herein, Grantor does hereby bind itself, its successors and assigns to Warrant and Forever Defend all and singular the said Property herein conveyed unto Grantee 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. [signature page follows] REAL ESTATE CONTRACT EXH1Brr B - PAGE 2 GRANTOR• HICKERSON ROUND ROCK LAND, LP, a Texas limited partnership By: Hickerson Round Rock Land GP, LLC, a Texas limited liability company, its General Partner By: PRA GP No. 2, Inc., a Texas corporation, its Manager 0 STATE OF TEXAS COUNTY OF DALLAS Julian Hawes, Jr., Vice President This instrument was acknowledged before me on the day of , 2020, by Julian Hawes, Jr., the Vice President of PRA GP No. 2, Inc., a Texas corporation, the Manager of Hickerson Round Rock Land GP, LLC, a Texas limited liability company, the general partner of Hickerson Round Rock Land, LP, a Texas limited partnership, on behalf of said partnership. PREPARED IN THE OFFICE OF: GRANTEE'S MAILING ADDRESS: Notary Public in and for the State of Texas Sheets & Crossfield, P.C. 309 East Main Round Rock, Texas 78664 City of Round Rock Attn: City Clerk 221 Main Street Round Rock, Texas 78664 AFTER RECORDING RETURN ORIGINAL TO: Independence Title 203 W. Main Street, Suite A Pflugerville, Texas 78660 RETURN COPY TO: Cherry Petersen Landry Albert LLP 8350 N. CentraI Expressway, Suite 1500 Dallas, Texas 75206 Attn: 75206 REAL ESTATE CONTRACT EXHIBIT B - PAGE 7 EXHIBIT A TO RIGHT OF WAY DEED REAL ESTATE CONTRACT EXHIBIT B - PAGE 7 EXHIBIT C UTILITY DISTRICT NOTICE FOR UPPER BRUSHY CREEK WATER CONTROL AND IMPROVEMENT DISTRICT formerly known as BRUSHY CREEK WATER CONTROL AND IMPROVEMENT DISTRICT #lA OF WILLIAMSON AND MILAM COUNTIES Seller: HICKERSON ROUND ROCK LAND, LP, a Texas limited partnership Purchaser: CITY OF ROUND ROCK, TEXAS The real property, described below, that you are about to purchase is located in the Upper Brushy Creek Water Control and Improvement District (District) formerly known as Brushy Creek Water Control and Improvement District #lA of Williamson And Milam Counties. The District has taxing authority separate from any other taxing authority and may, subject to voter approval, issue an unlimited amount of bonds and levy an unlimited rate of tax in payment of such bonds. As of this date, the rate of taxes levied by the District on real property located in the District is $0.02 on each $100 of assessed valuation. The total amount of bonds, excluding refunding bonds and any bonds or any portion of bonds issued that are payable solely from revenues received or expected to be received under a contract with a governmental entity, approved by the voters and which have been or may, at this date, be issued is $-0-, and the aggregate initial principal amounts of all bonds issued for one or more of the specified facilities of the district and payable in whole or in part from property taxes is $-0-. The purpose of this District is to provide drainage and flood control facilities and services within the District from property taxes and/or through the issuance of bonds payable in whole or in part from property taxes. The cost of these facilities is not included in the purchase price of your property, and these facilities are owned or to be owned by the District. The legal description of the property you are acquiring is as follows: See Exhibit A [Signatures on Following Page] REAL ESTATE CONTRACT EXHIBIT C - PAGE 9 Date: 12020 HICKERSON ROUND ROCK LAND, LP, a Texas limited partnership By: Hickerson Round Rock Land GP, LLC, a Texas limited liability company its General Partner By: PRA GP No. 2, Inc., a Texas corporation, its Manager By: Julian Hawes, Jr., Vice President STATE OF TEXAS COUNTY OF DALLAS This instrument was acknowledged before me on the day of , 2020, by Julian Hawes, Jr., the Vice President of PRA GP No. 2, Inc., a Texas corporation, the Manager of Hickerson Round Rock Land GP, LLC, a Texas limited liability company, the general partner of Hickerson Round Rock Land, LP, a Texas limited partnership, on behalf of said partnership. Notary Public in and for the State of Texas [Signatures on Following Page] REAL ESTATE CONTRACT EXHIBIT C - PAGE 9 PURCHASER IS ADVISED THAT THE INFORMATION SHOWN ON THIS FORM IS SUBJECT TO CHANGE BY THE DISTRICT AT ANY TIME. THE DISTRICT ROUTINELY ESTABLISHES TAX RATES DURING THE MONTHS OF SEPTEMBER THROUGH DECEMBER OF EACH YEAR, EFFECTIVE FOR THE YEAR IN WHICH THE TAX RATES ARE APPROVED BY THE DISTRICT. PURCHASER IS AD- VISED TO CONTACT THE DISTRICT TO DETERMINE THE STATUS OF ANY CURRENT OR PROPOSED CHANGES TO THE INFORMATION SHOWN ON THIS FORM. Purchaser is advised that the real property may or may not be within an inundation easement or downstream of a District -owned flood control structure. For further information you are encouraged to contact the District through its website at «nvw.upperbrushvcreekwcid.org. The undersigned purchaser hereby acknowledges receipt of the foregoing notice at or prior to execution of a binding contract for the purchase of the real property described in such notice or at closing of purchase of the real property. Date: 12020 CITY OF ROUND ROCK, TEXAS M STATE OF TEXAS COUNTY OF Laurie Hadley, City Manager This instrument was acknowledged before me on the day of , 2020, by Laurie Hadley, City Manager of City of Round Rock, Texas, on behalf of the City of Round Rock, Texas. Notary Public in and for the State of Texas AFTER RECORDING RETURN TO: Upper Brushy Creek WCID 4000 Sunrise Road, Building 1, Suite 1200 Round Rock, Texas 78665 REAL ESTATE CONTRACT ExmlB1T C - PAGE 9 �7 l •---� N cut O A-+ i s !""y cd cd 4-4 i� r � r s8 .SZ ; W� W zZolo0000000a0000000000oc t ` OF �� O'O o 0 0 0 0 0 0 olo o 0 0 0 o N o o 0 o c i w m Q V A N^ m 0 m •o O N vl .o m N V O< IIiI my e'1••a,e M'q p ele 111 W.O,.o Z ZF A NN r. 1` I I I 3 Fill I O oeW C V < N N♦ 1e •O I A m a O - te a— — A m^ N N n ►i l oOo dZ I� I Il�EIi+I ; it f i %WOO A Q 4 City of Round Rock ROUND ROCK TEXA5 Agenda Item Summary Agenda Number: Title: Consider executing a Real Estate Contract with Hickerson Round Rock Land, LP for the purchase of a 0.243 acre right of way parcel required for construction of the proposed improvements to Gattis School Road Ph. 3 (Parcel 12A). Type: City Manager Item Governing Body: City Manager Approval Agenda Date: 9/11/2020 Dept Director: Gary Hudder, Transportation Director Cost: $9,000.00 Indexes: RR Transportation and Economic Development Corporation (Type B) Attachments: LAF-00454310.PDF, RE Contract-00454220.PDF Department: Transportation Department Text of Legislative File CM-2020-243 The proposed purchase contract price of $9,000 ($0.85/SF) was negotiated with the owner and approved and recommended for approval by the Transportation Director. This parcel is completely within flood plain/detention easement area, and was recently split from a larger parent tract by sales transaction. The developable portion of the tract has been redesignated as Parcel 126. Cost: $9,000.00 source of Funds: RR Transportation and Economic Development Corporation (Type B) City of Round Rock Page 1 of 1