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CM-2023-025 - 2/10/2023REAL ESTATE CONTRACT Chisholm Trail Right Turn Lanes Right of Way THIS REAL ESTATE CONTRACT ("Contract") is made by and between REGIONS BANK (referred to in this Contract as "Seller") 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 agrees to sells and convey, and Purchaser agrees to purchase and pay for, the tract(s) and/or interest(s) of land described as follows: All of that certain 0.0321 acre (1,397 SF), more or less, out of the David Curry Survey, Abstract No. 130, in Williamson County, Texas; said parcel of land being more particularly described by metes and bounds in Exhibit "A" attached hereto and made a part hereof ("Parcel I"), together with all and singular the rights and appurtenances pertaining to Parcel I, including any right, title and interest of Seller in and to adjacent streets, alleys or rights -of -way appurtenant to Parcel 1 (all of such real property, rights, and appurtenances being referred to in this Contract as the "Property"), and any right, title and interest of Seller in and to any improvements and fixtures situated on and attached to the Property not otherwise retained by Seller, for the consideration and upon and subject to the terms, provisions, and conditions set forth below; and Temporary Construction Easement interest across all of that certain 0.0333 acre (1,450 SF) tract, more or less, out of the David Curry Survey, Abstract No. 130, in Williamson County, Texas; said parcel of land being more particularly labeled as "Temporary Construction Easement" on the survey in Exhibit "A- I" attached hereto and made a part hereof (the "TCE"). ARTICLE II PURCHASE PRICE Purchase Price 2.01. The Purchase Price for the Property, the TCE, and any damage to or cure for the remaining property of Seller resulting from this purchase, shall be the sum of THIRTY-SIX THOUSAND EIGHT HUNDRED NINETY-FOUR and 00/100 Dollars ($36,894.00), subject to the terms and conditions of the TCE Agreement (as hereinafter defined). 066 290 39 1 Payment of Purchase Price 2.02. The Purchase Price shall be payable at the Closing by wire transfer. 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 each of the following conditions (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 REPRESENTATIONS AND WARRANTIES OF SELLER 4.01. Seller hereby represents and warrants to Purchaser, to Seller's actual knowledge, as follows: (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; and (b) The Property is not in violation of any applicable laws, ordinances, regulations, statutes, rules and restrictions relating to the Property. 4.02. The Property herein is being conveyed to Purchaser in lieu of and under threat of condemnation. 06690239 1 2 ARTICLE V CLOSING Closing Date 5.01. The Closing shall be by overnight delivery and wire transfer through the offices of Texas National Title Company (the "Title Company") on or before March 10, 2023, or at such time, date, and place as Seller and Purchaser may agree (which date is herein referred to as the "Closing Date"). Seller's Obligations at Closiniz 5.02. At the Closing, Seller shall: (1) Deliver to the Title Company a duly executed and acknowledged special warranty deed (the "Deed") in the form attached hereto as Exhibit "B" conveying title in fee simple to all of the Property, free and clear of any and all monetary liens and restrictions, except for the following: (a) Any discrepancies, conflicts, or shortages in area or boundary lines, or any encroachments or protrusions, or any overlapping of improvements; (b) Standby fees, taxes and assessments by any taxing authority for the year 2023, and subsequent years; (c) All leases, grants, exceptions or reservations of coal, lignite, oil, gas and other minerals, together with all rights, privileges, and immunities relating thereto, appearing in the Public Records; (d) Homestead or community property or survivorship rights, if any of any spouse of any insured; (e) Any title or rights asserted by anyone, including, but not limited to, persons, the public, corporations, governments or other entities, to tidelands, or lands comprising the shores or beds of navigable or perennial rivers and streams, lakes, bays, gulfs or oceans, or ii. to lands beyond the line of the harbor or bulkhead lines as established or changed by any government, or iii. to filled -in lands, or artificial islands, or iv. to statutory water rights, including riparian rights, or 06690239 1 3 v. to the area extending from the line of mean low tide to the line of vegetation, or the rights of access to that area or easement along and across that area; (0 Any matters of record that lawfully impact the Property; and (g) Any exceptions approved by Purchaser in writing. (2) Deliver to the Title Company a duly executed and acknowledged counterpart of the temporary construction easement agreement (the "TCE Agreement") in the form attached hereto as Exhibit "C". (3) Deliver to the Title Company a duly executed and acknowledged owner's affidavit in the form attached hereto as Exhibit "D". (4) Deliver to the Title Company a copy of the secretary certificate in the form attached hereto as Exhibit "E". (5) Deliver to Purchaser possession of the Property. (6) Deliver to the Title Company a duly executed counterpart of the closing statement consistent with this Contract in the form required by the Title Company (the "Closing Statement"). Purchaser's Obligations at Closing 5.03. At the Closing, Purchaser shall: (a) Deliver to the Title Company, for disbursement to Seller, the Purchase Price by wire transfer. (b) Deliver to the Title Company a duly executed and acknowledged counterpart of the TCE Agreement. (c) Deliver to the Title Company a duly executed counterpart of the Closing Statement. (d) Deliver to the Title Company such evidence as may be reasonably required, evidencing the status and capacity of Purchaser. 06690239 1 4 (e) Execute and/or provide such other reasonable documents as may be required to be executed and/or provided to complete the transaction contemplated hereunder and/or which is otherwise required or contemplated in this Contract. 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 such amount shall be remitted by the Title Company to the applicable tax assessor at the Closing. If the Closing shall occur before the tax rate is fixed for the then current year, the apportionment of taxes shall be upon the tax rate for the next preceding year applied to the latest assessed valuation, but shall otherwise be the continuing obligation of Seller to fully satisfy. Agricultural roll -back taxes, if any, which directly result from the completion of this transaction and conveyance shall be paid by Purchaser. Purchaser hereby represents and warrants and otherwise covenants and agrees with Seller that Seller shall not be responsible for any taxes or assessments in connection with the Property after the Closing, and Purchaser shall cause the applicable tax assessor to exclude any taxes or assessments otherwise attributable to the Property from Seller's tax payment obligations arising after the Closing. The terms and conditions of this paragraph shall survive the 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 as follows: (1) The cost of the title commitment, if any, the cost of all title search/abstract costs, if any, the cost of any Owner's Title Policy (including the cost of any endorsements included), the cost of any escrow or closing charge of the Title Company, and the cost of the survey to be paid by Purchaser. (2) Deed (the cost of preparing and recording, including the cost of any documentary stamps, and the total cost of any deed, intangible, and/or transfer tax, if applicable), tax certificates, and title curative matters, if any, paid by Purchaser. (3) Attorney's fees paid by each respectively as incurred. (4) All other closing costs shall be paid by Purchaser. 06690239.1 ARTICLE VI BREACH BY SELLER 6.01. In the event Seller shall fail to fully and timely perform any of its obligations hereunder or shall fail to consummate the sale of the Property for any reason, except Purchaser's default, and provided that such failure continues for a period of ten (10) business days after written notice from Purchaser, then Purchaser may, as its sole and exclusive remedy, enforce specific performance of this Contract. ARTICLE VII BREACH BY PURCHASER 7.01. In the event Purchaser should fail to fully and timely perform any of its obligations hereunder or shall fail to consummate the purchase of the Property and Purchaser being in default and Seller not being in default hereunder, Seller shall have the right to receive the amount of $5,000 as liquidated damages for any failure by Purchaser. ARTICLE VIII 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 for such party on the signature page attached hereto. Texas Law to Apply 8.02. This Contract shall be construed under and in accordance with the laws of the State of 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 permitted by this Contract. Le al 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 06690239 1 6 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. Prior Agreements Superseded 8.05. This Contract constitutes the sole and only agreement of the parties and supersedes any prior understandings or written or oral agreements between the parties respecting the within subject matter. 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. Compliance 8.08 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 8.09 This Contract shall be effective as of 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. Counterparts 8.10 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. Condition of"As Is" Property PURCHASER ACKNOWLEDGES THAT EXCEPT FOR ANY EXPRESS WARRANTIES AND REPRESENTATIONS CONTAINED IN THIS CONTRACT, IF ANY, 0669023-) 1 7 PURCHASER IS NOT RELYING ON ANY WRITTEN, ORAL, IMPLIED OR OTHER REPRESENTATIONS, STATEMENTS OR WARRANTIES BY SELLER OR ANY AGENT OF SELLER OR ANY REAL ESTATE BROKER OR SALESMAN. ALL PREVIOUS WRITTEN, ORAL, IMPLIED OR OTHER STATEMENTS, REPRESENTATIONS, WARRANTIES OR AGREEMENTS, IF ANY, ARE MERGED HEREIN. OTHER THAN AS SPECIFICALLY DISCLOSED HEREIN, SELLER HAS NOT MADE, DOES NOT MAKE, AND EXPRESSLY DISCLAIMS, ANY WARRANTIES, REPRESENTATIONS, COVENANTS OR GUARANTEES, EXPRESSED OR IMPLIED, OR ARISING BY OPERATION OF LAW, AS TO THE MERCHANTABILITY, HABITABILITY, QUANTITY, QUALITY OR ENVIRONMENTAL CONDITION OF THE PROPERTY OR ITS SUITABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE OR USE. BY CLOSING, PURCHASER AFFIRMS THAT IT (i) HAS INVESTIGATED AND INSPECTED THE PROPERTY TO ITS SATISFACTION AND IS FAMILIAR AND SATISFIED WITH THE CONDITION OF THE PROPERTY AND (ii) HAS MADE ITS OWN DETERMINATION AS TO (a) THE MERCHANTABILITY, QUANTITY, QUALITY AND CONDITION OF THE PROPERTY, INCLUDING THE PRESENCE OF TOXIC OR HAZARDOUS SUBSTANCES, MATERIALS, OR WASTES OR OTHER ACTUAL AND POTENTIAL ENVIRONMENTAL CONTAMINATES, AND (b) THE PROPERTY'S SUITABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE OR USE. PURCHASER HEREBY ACCEPTS THE PROPERTY IN ITS PRESENT CONDITION ON AN "AS 1S", "WHERE IS" AND "WITH ALL FAULTS", INCLUDING ENVIRONMENTAL, BASIS AND ACKNOWLEDGES THAT (i) WITHOUT THIS ACCEPTANCE, THIS SALE WOULD NOT BE MADE, (ii) THAT THE PURCHASE PRICE REFLECTS THE EXISTING CONDITION OF THE PROPERTY, INCLUDING THE PRESENCE OF ENVIRONMENTAL CONTAMINATION, IF ANY, THEREON, AND (iii) SELLER SHALL BE UNDER NO OBLIGATION WHATSOEVER TO UNDERTAKE ANY REPAIR, ALTERATION, REMEDIATION OR OTHER WORK OF ANY KIND WITH RESPECT TO ANY PORTION OF THE PROPERTY. EXCEPT AS OTHERWISE AGREED TO HEREIN, SELLER IS HEREBY RELEASED BY PURCHASER AND ITS SUCCESSORS AND ASSIGNS OF AND FROM ANY AND ALL RESPONSIBILITY, LIABILITY, OBLIGATIONS AND CLAIMS, KNOWN OR UNKNOWN, INCLUDING (1) ANY OBLIGATION TO TAKE THE PROPERTY BACK OR REDUCE THE PRICE, OR (2) ACTIONS FOR CONTRIBUTION OR INDEMNITY, THAT PURCHASER OR ITS SUCCESSORS AND ASSIGNS MAY HAVE AGAINST SELLER OR THAT MAY ARISE IN THE FUTURE, BASED IN WHOLE OR IN PART, UPON THE PRESENCE OF TOXIC OR HAZARDOUS SUBSTANCES, MATERIALS, OR WASTES OR OTHER ACTUAL OR POTENTIAL ENVIRONMENTAL CONTAMINATES ON, WITHIN OR UNDER THE SURFACE OF THE PROPERTY. PURCHASER FURTHER ACKNOWLEDGES THAT THE PROVISIONS OF THIS PARAGRAPH HAVE BEEN FILLY EXPLAINED TO PURCHASER AND THAT 066902391 8 PURCHASER FULLY UNDERSTANDS AND ACCEPTS THE SAME. THE PROVISIONS OF THIS PARAGRAPH SHALL SURVIVE CLOSING (REMAINDER OF PACE INTENTIONALLY LEFT BLANK] 06690239 1 9 IN WITNESS WHEREOF, the parties hereto have caused this Contract to be executed by their respective duly authorized representatives as of the date set forth above. SELLER: REGIONS BANK By: v� Name: Jonathan T Tucker Its: Vice President Date: February 2, 2023 If to Seller: Regions Bank Corporate Real Estate 250 Riverchase Parkway East, 3`d Floor Birmingham, AL 35244 Attention: Portfolio Administration With a copy to: Maynard, Cooper & Gale, P.C. 1901 Sixth Avenue North Suite 1700 Birmingham, AL 35203 Attention: Riley Murphy PURCHASER CITY OF ROUND ROCK, TEXAS 4" C& By: Laurie Hadley, City Man ger Date: 6�9 0,D,3 066902391 to Address: 221 East Main Street Round Rock, Texas 78664 EXHIBIT A TO REAL ESTATE CONTRACT [Legal Description of Property] DESCRIPTION OF A 0.0321 ACRE (1,397 SQUARE FOOT) PARCEL OF LAND SITUATED IN THE DAVID CURRY SURVEY, ABSTRACT NO 130 IN WILLIAMSON COUNTY, TEXAS, BEING A PORTION OF LOT 1, BLOCK "A". HOPPE SUBDIVISION, A SUBDIVISION OF RECORD IN CABINET J, SLIDE 167 OF THE PLAT RECORDS OF WILLIAMSON COUNTY, TEXAS, AND CITED IN WARRANTY DEED TO HUTTO STATE BANK IN VOLUME 2396, PAGE 198 OF THE OFFICIAL RECORDS OF WILLIAMSON COUNTY, TEXAS, SAID 0.0321 ACRE (1,397 SQUARE FOOT) PARCEL OF LAND BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING at an iron rod with aluminum cap stamped "ROW 4933' set in the proposed easterly Rlght-of-Way (ROW) line of Chisholm Trait Road (variable width ROW), (Grid Coordinates determined as N=10,168,297 09 E=3,127,127 44). being in the northerly boundary line of Lot 1, Block `A", Final Plat Subdivision of the Cracker Barrel Property a subdivision of record in Cabinet K, Slide 228 of the Plat Records of Williamson County, Texas, same being the southerly boundary line of said Lot 1, Hoppe Subdivision, for the southeasterly corner and POINT OF BEGINNING of the herein described parcel; 1) THENCE, with said proposed easterly ROW line, same being the common boundary line of said Lot 1, Hoppe Subdivision and said Lot 1, Cracker Barrel Subdivision, S 70,27,10" W for a distance of 11.45 feet to a 5/8' iron rod found, in the existing easterly ROW line of Chisholm Trail Road (variable width ROW), being the northwesterly corner of said Lot 1, Cracker Barrel Subdivision, same being the southwesterly corner of said Lot 1, Hoppe Subdivision, for the southwesterly corner of the herein described parcel; 2) THENCE, with said existing easterly ROW line of Chisholm Trail Road, same being the westerly boundary line of said Lot 1, Hoppe Subdivision, N 00°30'58" E for a distance of 177.90 feet to a 1/2" iron rod found at the beginning of a non -tangent curve to the right, being in the existing southerly ROW line of West Old Settlers Boulevard (120 fool ROW width), same being the northwesterly corner of said Lot 1. Hoppe Subdivision, for the northwesterly corner of the herein described parcel; 3) THENCE, departing said existing easterly ROW line of Chisholm Trail Road, with said southerly ROW line of West Old Settlers Blvd., same being the northerly boundary line of said Lot 1, Hoppe Subdivision, along said curve to the right, having a delta angle of 00*2010011, a radius of 1,213.24 feet, an arc length of 9.88 feet and a chord which bears N 86111'21" E for a distance of 9.88 feet to an iron rod with aluminum cap stamped "ROW 4933' set in said proposed easterly ROW line of Chisholm Trail Road, for the northeasterly corner of the herein described parcel, THENCE, departing sad southerly ROW line of West Old Settlers Blvd., with said proposed easterly ROW line of Chisholm Trail Road, through the Interior of said Lot 1, Hoppe Subdivision, the following five (5) courses: 4) S 00-00-23" W, for a distance of 11.66 feet to an iron rod with aluminum cap stamped 'ROW 4933" set; 06690239 1 5) N 8905938" W for a distance of 4.96 feet to an iron rod with aluminum cap stamped "ROW 4933' set: 6) S 00.31*32" W. far a distance of 79.96 feet to an lion rod wi'h alurrinwn cap stamped "ROW 4933" set: 7) N 88'47'39" E, for a distance of 5.03 €eet to an iron rod with aluminum cap stamped "ROW 4933" sot; 8) S 00°02'30" W, for a distance of 83.31 feet to the POINT OF BEGINNING, containing 0.0321 acres (1 397 square feet) of land, more or less NOTE: There is also a variable width Tempo•ary Construction Easement adjoining and easterly of calls 4 through 7 and in part cal 8 as depleted and dimensioned on the accompanying Parcel Plat. This property description is accompanied by a separate parcel plat. All hearings recited herein are based on the Texas State Plane Coordinate System, Central Zone No 4203. NAD 83. 1HE STATE OF I LXAS § § KNOW Al L MEN BY THESE PRESENTS - COUNTY OF WILLIAMSON § That I, M. Stephen Truesdale, ra Registered Professional Land Surveyor, do hereby corti{y that the above description is true and correct to the best of my knowledge and beiiet and that the property described herein was determined by a survey made on the ground under my direct supervis on WITNESS MY HAND AND SEAL at Round Rock, Williamson County, Texas. F M. Stephen 4 rueWale v Registered Professional Land Surveyor No 4933 Licensed State Land Surveyor Inland Geodetics, LLC Firm Registration No; 100591-00 1504 Chisholm Trail Road, Suite 103 Round Rock, TX 78681 S %AMERICAN STRUCTUREPOINTL_IA 6 AT CHISHOLM TRLVAR°wELSWOPPE doc 06690239 1 EXHIBIT A-1 TO REAL ESTATE CONTRACT [Survey] NUMBER DELTA RADIUS LENGTH CIIORQ CHORD BEARING C1 tlD028'00" 121324' fl.BB' 9.00 N96•I C2 40'386B — 1213.24 394,90' 393]8 8Q'J•280T C3 01.1'3 1113.24 25.24 25Y4 NB7-OIOB E C4 18D•0000 7.D0 21.99 M00 N00.0400TT LEGEND Q IRON ROD WITH ALUMINUM CAP STAMPED 'ROW 4933- SET VZ' IRON ROD FOUND t PROPERTY LINE P.O.B. POINT OF BEOSVNI4G I I RECORD INFORMATION PA.W.C.T. PLAT RECORDS WILLIAMSON COUNTY, TEXAS O,R.W.C.T. OFFICIAL RECORDS WILLIAMSON COUNTY. TEXAS NO. DIRECTION DISTANCE LI S7O-R7 0'W I.4 L2 500000 23 1.56, L3 N89-5930W 4.96 L4 S00-3r32 W 75.96 L5 NB8•47'39"E 5.00 L6 800.02 30 93,31 L7 I 843028'43"W 40.45' LIS 1 800-00 22" W IT.3i L9 N89.35 20T 9,50' LK1 809-4 03 W 9.50 Lll SOO'00122"W 31.15' LC2 NBB-4T 39 kB 9 Lt3 So0.10 155•E 59JB' 04 NB9-59 58 w C1.10 LtS 800-02'30"W 45.32 A85 WEST 7 0S oU- WIUTHlLEVARD O ALL BEARINGS SHOWN HEREON ARE BASED ON GRID BEARING. ALL DISTANCES ARE SURFACE DISTANCE$. COORDINATE$ APE CRP VALUES BASED ON THE TEXAS STATE PLANE COORDINATE 8YSTEAI, CENTRAL ZONE NO, w 4POS. MAO 03. 21 THIS SURVEY WAS PERFORATED WITHOUT SENVIT OF A TITLE AD$TRACT. THERE MAY BE OTHER INSTRUMENTS OF RECORD THAT AFFECT THIS TRACT NOT DEPICTED HEREON ht r' i HEREBY CERTIFY THAT THIS PLAT IS TRUE AND CORRECT AND THAT THE PROPERTY BROWN HEREON VA6 DETERMIJEO BY A SURVEY MADE ON 111E GROUND UNDER MY DIRECT SUPERVIS zo At S HEN �TROL DATE REGISTERCO PROFESSIONAL LAND SURVEYOR NO. 4933 LICENSED STATE LAND SURVEYOR INLAND OEODETIC9, LLC FIRM REGISTRATION NO. 100591-00 1504 CIISHOLM TRAIL ROAD, SUITE 103 ROUND ROC%, TEXAS 76901 n L2 i 0'r.09KIN PLAT L3 4 LOT I 4397 S .SCEs. BLOCK 'A' HUTTO STATE HANK VOL. 2396. PG. ISO \ OR.W.0 T. L4 1 LB TEMPORARY CONSTRtIcnoN HOPPE SUBDIVISION LitEASEMENT CAB, J. 8L. 1S7 O.0333 AC P,R,W.C.T I 4450 30, FT 1� WOWL PTQ h AT J � l r l Im FINAL PLAT SUBDIVISION ARRE OF THE CRACKER � BPRO A Y L PE T CAB K, 3L !28 P.O.B. P.R W.c T GRID SOOROWTES: N-IOJ4E.29TA9 LOT I E•S,t27.07.44 BLOCK "A" 02/28/2022 PARCEL PLAT 811OVING MOPERTT OF INLANTS- croDmcs HMO STATE BANK PARCEL 1 IW.}.a/ •� Diu ' V - WALG WLLwISON COUNTY C IHt51q C7ltAiL I PAGE 3 Or 3 06690234 1 EXHIBIT B TO REAL ESTATE CONTRACT [Form of Deed] SPECIAL WARRANTY DEED Chisholm Trail Road 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 THAT TRANSFERS AN INTEREST IN REAL PROPERTY 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 REGIONS BANK, an Alabama state banking corporation, as successor by merger to HUTTO STATE BANK, hereinafter referred to as Grantor, 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, hereinafter referred to as Grantee, the receipt and sufficiency of which is hereby acknowledged, has GRANTED, BARGAINED, SOLD AND CONVEYED, and by these presents does GRANT, BARGAIN, SELL and CONVEY unto Grantee, all that certain tract or parcel of land lying and being situated in the County of Williamson, State of Texas, along with any right, title and interest of Grantor in and to any improvements thereon, being more particularly described on Exhibit A attached hereto and incorporated herein by reference (the "Property"), subject only to the encumbrances and other matters described on Exhibit B attached hereto, but only to the extent that the same are valid and subsisting and affect or relate to the Property. For the avoidance of doubt, that certain portion of the land depicted on the third (3`d) page of Exhibit A (i.e., the "Plat to Accompany Description") and labeled as the "Temporary Construction Easement" is not being conveyed hereunder. Grantor reserves all of the oil, gas and other minerals in and under the land herein conveyed but waives on behalf of itself 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 Grantor's operations for exploration or recovery of any such minerals shall be permissible so long as all of Grantor's 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 06690239 1 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 Grantee 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 the Chisholm Trail Road and related appurtenances and facilities. 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, subject to the Permitted Exceptions, unto Grantee 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 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. This deed is being delivered in lieu of condemnation. By acceptance of this Special Warranty Deed, Grantee assumes payment of all property taxes on the Property for the year 2023 beginning after the date of this deed, and subsequent years and subsequent taxes and assessments by any taxing authority for prior years due to change in land usage or ownership. (signature page to follow] 06690239.1 IN WITNESS WHEREOF, this instrument is executed on this the day of ,202 . GRANTOR: REGIONS BANK By: Name: Its: ACKNOWLEDGMENT STATE OF TEXAS § COUNTY OF § This instrument was acknowledged before me on this the day of 202_ by _ , in the capacity and for the purposes and consideration recited therein. Notary Public, State of Texas PREPARED IN THE OFFICE OF: Sheets & Crossfield, P.L.L.C. 309 East Main Round Rock, Texas 78664 GRANTEE'S MAILING ADDRESS, AND AFTER RECORDING RETURN TO: City of Round Rock, Texas Attn: City Clerk 221 Main Street Round Rock, Texas 78664 06690219 1 EXHIBIT A Legal Description DESCRIPTION OF A 0.0321 ACRE (1,397 SQUARE FOOT) PARCEL OF LAND SITUATED IN THE DAVID CURRY SURVEY, ABSTRACT NO. 130 IN WILLIAMSON COUNTY, TEXAS, BEING A PORTION OF LOT 1, BLOCK 'A". HOPPE SUBDIVISION, A SUBDIVISION OF RECORD IN CABINET J, SLIDE 167 OF THE PLAT RECORDS OF WILUAMSON COUNTY, TEXAS, AND CITED IN WARRANTY DEED TO HUTTO STATE BANK IN VOLUME 2396, PAGE 198 OF THE OFFICIAL RECORDS OF WILLIAMSON COUNTY, TEXAS, SAID 0.0321 ACRE (1,397 SQUARE FOOT) PARCEL OF LAND BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS A$ I'OLLOWS; BEGINNING at an iron rod with aluminum cap stamped "ROW 4933' set in the proposed easterly Right -of -Way (ROW) line of Chisholm Trail Road (variable width ROW), (Grid Coordinates determined as N=10,168 297 09 E=3,127,127 44), being in the northerly boundary line of Lot 1, Block 'A". Final Plat Subdivision of the Cracker Barrel Property, a subdivision of record in Cabinet K Slide 228 of the Plat Records of Williamson County, Texas, same being the southerly boundary line of said Lot 1, Hoppe Subdivision, for the southeasterly corner and POINT OF BEGINNING of the herein described parcel; 1) THENCE, with said proposed easterly ROW line, same being the common boundary line of said Lot 1, Hoppe Subdivision and said Lot 1, Cracker Barrel Subdivision, S 70*27'10" W for a distance of 11.46 feet to a 5/8' iron rod found, in the existing easterly ROW line of Chisholm Trail Road (variable width ROM. being the northwesterly corner of said Lot 1, Cracker Barrel Subdivision, same be ng the southwesterly corner of said Lot 1, Hoppe Subdivision, for the southwesterly corner of the herein described parcel; 2) THENCE, with said existing easterly ROW fine of Chisholm Trail Road, same being the westerly boundary line of said Lot 1, Hoppe Subdivision, N 00°30'58" E for a distance of 177.90 feet to a 1/2" iron rod found at the beginning of a non -tangent curve to the right, being in the existing southerly ROW line of West Old Settlers Boulevard (120 foot ROW width), same being the northwesterly corner of said Lot 1, Hoppe Subdivision, for the northwesterly corner of the herein described parcel; 3) THENCE, departing said existing easterly ROW line of Chisholm Trail Road, with said southerly ROW line of West Old Settlers Blvd., same being the northerly boundary line of said Lot 1, Hoppe Subdivision, along said curve to the right, having a delta angle of 00°28'00", a radius of 1,213.24 feet, an arc length of 9.88 feet and a chord wh;ch bears N 86*11'2111 E for a distance of 9.88 feet to an iron rod with aluminum cap stamped 'ROW 4933' set in said proposed easterly ROW line of Chisholm Trail Road, for the northeasterly corner of the herein described parcel, THENCE, departing said southerly ROW line of West Old Settlers Blvd., with said proposed easterly ROW line of Chisholm Trail Road, through the interior of said Lot 1, Hoppe Subdivision, the following five (6) courses: 4) S 00000'23" W, for a distance of 11.66 feet to an iron rod with aluminum cap stamped'ROW 4933" set; 06690239 1 5) N 89,1591380 W for a distanco of 4.96 feet to an iron rod with aluminum cap stampod "ROW 4933" set; 6) S 00'31'32" W, for a distance of 79.96 feet to an iron rod with aluminum cap stamped "ROW 4933" set; 7) N 88047'39" E, for a distance of 5.08 feet to an iron rod with aluminum cap stamped "ROW 4933" sat; 8) S 00°02'30" W, for a distance of 83.31 feet to the POINT OF BEGINNING, containing 0.0321 acres (1 397 square feet) of land, more or less NOTE: There is also a variable width Temporary Construction Easement adjoining and easterly of calls 4 through 7 and In part ca I a as depicted and dimensioned on the accompanying Pdrwel Plat. This property description is accompanied by a separate parcel plat. All bearings recited hereir+ are based on the Texas State Plane Coordinate System, Central Zone No 4203, NAD 83, THE STATE OF TEXAS § § KNOW ALL MEN FAY THFSE PRESENTS, COUNTY O� WILLIAMSON § That 1, M. Stephen Truesdate, a registered Professonal 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 surrey made on the ground under my direct supervis on. WITNESS MY HAND AND SEAL at Round Rock, Williamson County, Texas. Registered Professional Land Surveyor No 4933 Licensed State Land Surveyor Inland Geodetics, LLC Firm Registratioi No: 100591- 00 1504 Chisholm Tram Road, Suite 103 Round Rock, TX 78681 S IAMERICAN STRUCTUREPOINTU406 AT CHISHOLM TRLPARv ELS%HOPPE doc 066902391 PLAT TO ACCOMPANY DESCRIPTION NUMBER DELTA RADIUS LENGIN CHORD f HORO REARMG CI CZ Oc'28'00' 1.215.24' 9.80, 9.88, McV11'2 "E (Ia-3B'SEr) 11215.24' (394.90') 139316) (S03'26'57"E) C3 0140,41" 1,213,24' 25.24' 25,24' 14 00, N97"0'06"E C4 100200'00" 7.00' 21.99, NO(r00 OWN Lf GEND d IRON ROO kV•T- ALUMPiUM CAP STAMPED "ROW 4933' SE I VT' 111011 ROD FOIINn �' PROuLR' 7 L1Ne V,UB POINT OF 3EWN14ING I ) R=CORO1VORVAT10N IJ.R.W C * P, A 1 RLC-a R35 WII I IAVSC.N `OONTT• TFYA5 C.- W C Y 0- F;CIAL RECORDS WILLIAIAS(:N C OUNT r, I L XA' NO. DIRECTION DISTANCE L I S 70'2 7'10" Vt 11.4 5' L2 500000'23,W 11,06' L3 N09059'38"W 4.96' L4 500031'32"VI 79.96' L5 N88047'39'E 5.08' L6 900002'30'W 93.31' L7 043026'43'W 40.45' L9 S00000'22"W 17,31' L9 N89113510% 9.150' LIO 989041'03'W 9.50, LII 300000'221W 31.I3' L12 NOR047 39'C 10,97, LI3 I $00'10 55"E 39.15' LI4 N99•59 58'H 17.10, Lla 30CM02'30'W 45.52' FFR I) ALL DEAR111GS S140AP4 HLRLDN ARE BASED uN CNIJ ItEARINS. ALI. D'STANf.F3 ARF, SURFACE DISTANCE3. CODRDINA IES ART: GRID VALVE5 9A5LD ON IRE TEKAS STATE PLANT COCRDI14tTE SYSTEM. CEIITRAL ZOIIC NO. 4203, %AO 8 S 2) THIS SURYLY AAS PEa1'7RMLD W11^00 BENEFH Ov A TITI.F ARSTR&CT. TIICRE YAV BE OTHER 11157RUNCN73 OF RLCORC IHAT t1FFtCI Tr15 TRACT NOI (IFPICTFO wFRFON. vJ\ )r F R��� Pip • 1 �iG WEST' ? D,50 wE w D�i �ARD F.-XI,TIIIG Rr.1Y Liiit� r If L2 5' T.UE. FL4 FLAT I HFRFRY CFRTl "w TRGT 71415 PLAT 41 TRUC ANn CORRECT AND rRAT THE PFOPERIY SHDWFj 14LWLUII WAS LIEIERWI;NEO BY L SURVFY MADE ON 7I117 GROU90 UNOCR MY DIRECT sus'eRYlsly. - �� �M� IA, SI He.� TRIILtiD,11 F i)Alt RTC STERCD P10KEG515N41. LAYD SURVEYOR NO 4933 6CEN141) STAIF LAN(-) tiUlr°/1 T1 R INLAND GCODETC1, LLC FIRM REGISTRATION NO. 10039f-00 1504 CIIISIIOLM IIIAIL ROAD, StAIL 103 R011K11 ROCK. TFXAS TT1AOf --- VARCLL PLAT 1 V 1 A N 17 S 1LIA11lG c:TonrTlcs- HUfTO STATE BANK 1'L.CMYgµ}yl. ��. �•1 i�i I►d�1'�iiit�'GI'�'I�il4-irxl SCALE 141LLulA'T1N C'?11NTV iR11 FSi'FAl t tl �4 � I- — 40' 06690239 1 LOT AC ULOCK'A' HMO STATE BANK �a VOL.2396 PG.198 ORWC.T L4 TCVPORARr I — LS CONSTR11G1RJN HcrFE r ..uor31v1sfokl z,t EASkVCNT AR J 51.167 00333 At. r.R.w.C.T. 1430 3o rr IV r(rt I Ln* � �ll Ic 1 �a. � � tlliAiy� iA i FINAL Pt -AT SUDDIV1010tl Or THE CRACKER 'F.�� � RaR�LL vl•1O?E3iT r} P.Q.B. CAR K. SL. 7pa a,;i.W C.T GRO COORDINATES; ti 10.60zeT09 COT I 9e-3,127.127.44 BLOCK 'A" FY OF 02/28/2022 _ 4 I PARCEL 1 CI Ii:LM TRAIL F'AUL s .fir a EXHIBIT B Permitted Exceptions I . All matters of record that lawfully impact the Property. 2. Any discrepancies, conflicts, or shortages in area or boundary lines, or any encroachments or protrusions, or any overlapping of improvements. 3. Homestead or community property or survivorship rights, if any of any spouse of any insured. 4. Any title or rights asserted by anyone, including, but not limited to, persons, the public, corporations, governments or other entities, a. to tidelands, or lands comprising the shores or beds of navigable or perennial rivers and streams, lakes, bays, gulfs or oceans, or b. to lands beyond the line of the harbor or bulkhead lines as established or changed by any government, or c. to filled -in lands, or artificial islands, or d, to statutory water rights, including riparian rights, or e. to the area extending from the line of mean low tide to the line of vegetation, or the rights of access to that area or easement along and across that area. 5. Standby fees, taxes and assessments by any taxing authority for the year 2023, and subsequent years. 6. All leases, grants, exceptions or reservations of coal, lignite, oil, gas and other minerals, together with all rights, privileges, and immunities relating thereto, appearing in the Public Records. 066902391 EXHIBIT C TO REAL ESTATE CONTRACT [Form of TCE Agreement] TEMPORARY CONSTRUCTION EASEMENT AGREEMENT Chisholm Trail Blvd. Right Turn Lane Improvements KNOW ALL PERSONS BY THESE PRESENTS: That REGIONS BANK, an Alabama state banking corporation, as successor by merger to HUTTO STATE BANK (hereafter referred to as "Grantor"), in consideration of Ten Dollars ($10.00) and other good and valuable consideration paid by the City of Round Rock, Texas, the receipt of which is hereby acknowledged, does hereby grant to the CITY OF ROUND ROCK, TEXAS and its successors and assigns (referred to as "Grantee"), a temporary construction easement (the "Temporary Construction Easement") for the limited purpose of (1) constructing proposed Chisholm Trail Right Turn Lane roadway, retaining wall, sidewalk and related facilities within the adjacent right of way owned or acquired by Grantee, (2) constructing and/or reconstructing Grantor's existing driveway entrance from the proposed roadway improvements to the remaining property of Grantor, and any associated grading and drainage therewith, and (3) restoring to Grantor's reasonable satisfaction any Property (as hereinafter defined) or adjacent real property owned by Grantor that is injured or damaged by Grantee's use of the Property and activities thereon, including without limitation landscaping, irrigation, parking, pavement, striping, cubing, signage, lighting or vegetation, as closely as possible to substantially the same condition or better than existed previous to Grantee's entry upon the Property (collectively, the "Project"), in, along, upon and across a limited portion of the real property that is owned by Grantor and described in Exhibit "A". The aforementioned limited portion of Grantor's real property is depicted and labeled as the "Temporary Construction Easement" on Exhibit "B" (the "Property"). Grantee shall be responsible, at its sole cost and expense, for the performance of the Project, and such Project shall be in the location of, subject to, and shall comply with any notes, details, specifications or other requirements or restrictions as shown on the plan sheets attached as Exhibit "C" and incorporated herein (the "Scope of Work") and otherwise to Grantor's reasonable satisfaction and approval. The parties agree further as follows: This Temporary Construction Easement Agreement shall become effective upon the Effective Date (as hereinafter defined) and shall terminate on the earlier of (a) the expiration of four (4) months after the initial entry by Grantee for beginning of the work upon the Property, (b) on the date of completion of construction of the Project; or (c) the expiration of three (3) years following full execution of this Temporary Construction Easement Agreement. Notwithstanding 06690239 1 the foregoing or anything to the contrary herein, Grantee's restoration obligations shall survive the expiration or earlier termination of this Temporary Construction Easement Agreement. Grantee shall be allowed to extend the duration of the term of the Temporary Construction Easement identified herein for up to three (3) additional thirty (30) day periods upon (1) notification to Grantor in writing at the address contemplated herein of the requested extension period, and (2) tendering the additional sum of $2,000.00 for each additional extension period used. Notwithstanding the foregoing or anything to the contrary herein, a. To the extent allowed by law, Grantee shall indemnify Grantor against any loss and damage which shall be caused by the exercise of the rights of ingress and egress or by any wrongful or negligent act or omission of Grantee's agents or employees in the course of their employment or otherwise related to the exercise of Grantee's rights hereunder. b. At no time during the grant of this easement shall Grantee unreasonably interfere with or disturb (or permit to be interfered with or disturbed) Grantor, the business being conducted by Grantor, or reasonable access to its remaining property, unless there is a written agreement to do so between Grantor and Grantee in advance. C. At no time during the grant of this easement shall Grantee, its agents or contractors be allowed to store machinery or materials within the Property (or any surrounding property owned by Grantor) unattended or during periods where no active construction work is being performed in the right of way adjacent to the Property. d. Grantee shall not disrupt or impact (or otherwise permit to be disrupted or impacted) any vertical improvements or utilities within the Property (or any surrounding property owned by Grantor) other than as expressly described within the Scope of Work. e. Any construction work performed by Grantee or any designated contractor (the "Contractor") within the Property shall be completed expeditiously in conformance with the Scope of Work in a good and workmanlike manner in compliance with all applicable laws. f. Grantor shall have the right to review and approve any proposed change order modifications to the Scope of Work within or that may impact the Property prior to the performance of any work associated therewith. g. Grantee must provide (or cause to be provided to) Grantor at 101 W Old Settler's Blvd, Round Rock, TX 78681, with a copy to c/o Corporate Real Estate, 250 Riverchase Parkway East, 3rd Floor, Birmingham, Alabama 35244, Attention: Portfolio Administration, with at least seventy two (72) hours' written notice before Grantee, the Contractor, or any other third party 06690239 1 commences initial entry upon the Property for beginning any construction work within the Property. h. Grantee shall provide or cause to be provided directional and cautionary signage meeting standard City of Round Rock roadway project requirements within the Property (or any surrounding property owned by Grantor) and any adjacent public right of way during any such construction work in accordance with any requirements of the approved Chisholm Trail Right Turn Lane project construction plans. i. Grantee shall provide or cause to be provided unobstructed ingress and egress traffic to and from Grantor's property and Old Settlers Boulevard and, subject to the immediately following sentence, from Grantor's property and Chisholm Trail Road at all hours of posted business operation times during the performance of any such construction work. Notwithstanding the foregoing, Grantor and Grantee hereby agree that Grantor may temporarily obstruct ingress and egress traffic to and from Grantor's property and Chisholm Trail Road for purposes of replacing the driveway between Grantor's property and Chisholm Trail Road; provided, however, in no event shall such obstruction exceed ten (10) business days in the aggregate. j. The construction work will be bonded by Grantee or the Contractor in accordance with the Scope of Work and any other approved plans and contract documents with a contract cost performance bond in compliance with standard City of Round Rock transportation project insurance and warranty/guarantee contractual terms and requirements. k. Grantee shall not install any improvements or trees or take any action (or permit any action to be taken by the Contractor or any other party within Grantee's lawful control) within the Property or Grantor's remaining property that would adversely affect Grantor's business operations or reasonable access to and from Grantor's property. 1. Grantee and its on -site agents, employees, and contractors shall maintain comprehensive general liability insurance in standard amounts required by City of Round Rock transportation project contracts. m. Grantee shall not cause (or permit to be caused) any portion of Grantor's property (or any improvements thereon) to violate any applicable zoning ordinance or other laws as a result of the Project or any associated work, or else shall otherwise provide Grantor any required variance or Administrative Adjustment pursuant to the City of Round Rock Code of Ordinances or other applicable law, code, ordinance or regulation. This easement conveyance is subject to all easements, encumbrances, matters, and rights of way of record, all restrictions, reservations, covenants, conditions, oil, gas, or other mineral leases, mineral severances and other instruments that affect the Property, those matters that would be shown on a current, accurate survey of the Property, or by an inspection thereof, as well as 06690239 1 taxes and assessments for the current year, and all subsequent years, which are not yet due and payable. IN WITNESS WHEREOF, the parties hereto have executed this instrument to be effective this day of , 2023 (the "Effective Date"). [signature pages follow] 06690239.1 GRANTOR: REGIONS BANK By: — Name: Its: Acknowledgment State of Texas § County of § This instrument was acknowledged before me on this the _ _ day of , 2023 by , in the capacity and for the purposes and consideration recited herein. Notary Public, State of Texas 06690239 GRANTEE: CITY OF ROUND ROCK, TEXAS Namc: Its: Acknowledgment State of Texas County of Williamson This instrument was acknowledged before me on this the _ day of , 2023 by , in the capacity and for the purposes and consideration recited herein. Notary Public, State of Texas 066902391 EXHIBIT "A" Legal Description of Real Property Owned by Grantor Lot 1, Block "A", HOPPE SUBDIVISION, a subdivision in Williamson County, Texas, according to the map or plat of record in Cabinet J, Slide 167, Plat Records, Williamson County, Texas. 066902391 EXHIBIT "B" Depiction of Property NVMBER DELTA RADIUS I LENOTH I CHORD I CHORD BEARING CI 00128'00' IAI324' 9.00 9.80 N96-1'2 C2 1003658 1213.Z4' 394,90' 393.15 953-28 57 C3 Or1'3 1,tot. 25.24 E5.24 Ns7'0108 E C4 18060000 7.00' 21.99 1400 NOO'0000"W LEGEND 0 IRON ROD WITH ALUMINUM CAP STAMPED 'ROW 4933' SET o V2' IRON ROD FOUND Q PROPERTY LINE A.Q.B. POINT OF BEGINNING I 1 RECORD INFORMATION P.R.W.C.T. PLAT RECORDS WILLIAMSOk COUNTY, TEXAS 0R.W.C.T. OFFICIAL RECORDS WILLIAMSON COUNTY. TEXAS NO. DIRECTION DISTANCE LI 5700E7'ID 1,46 L2 S0o-o0 23 W 1.56, L3 N59-59'35'TI 4.96' L4 SO0-3r32 w 78,96 L5 N55447'39"E &.08' L6 HTOO-O2 30 BS.SH L7 I S43-25'43'W 40.45' LB 900-00 2"W 17.5 L9 N59-36 20-E 9.60 L 00 869'4 03 W 9,SO LI' 300.00122"W 3L13' 112 NB5-47 39 15.87 L13 S00-10'55'E 39,16' L14 N89-69 58'W I7.10 L15 I 300-0E'30'W 1 45.6E Eu CURRY00 DANJ SURv�Y Agg'S o cr WESTLD SETTLER BOW kLEVARD D17.0 R.O.W. WIO �C21 rxi971IND R01T LINE II ALL BEARING& SHOWN HEREON ARE BASED ON GRID REARMS. ALL PISTANCES ARE SURFACE DISTANCES. COORDLTES ARE GRID VALUES BASED ON THE TEXAS STATE PLANE COORDINATE SYSTEM, CENTRAL TOME NO 4m. NAO 03. 21 THIS SURVEY WAS PERFORMED WITHOUT BENEFIT OF A TITLE ABIIRACT. THERE MAY 9E OTHER INSTRUMENTS OF NECOkD THAT AFFECT TIUS TRACT NOT DEPICTED HEREON 1 HERESY CERTIFY THAT THIS PLAT It TRUE AND CORRECT 0.NO THAT THE PROPERTY SHOWN HEREON WAS DETERnNE0 BY A SURVEY MADE ON 111E GROUND UNDER MY DIRECT SUPERVIS / 3HM /fA� �"ozz M. SWfHEN TRUESDALE DATE REC45TERED PROFESSIONAL LAND SURVEYOR NO. 4933 LICENSED STATE LAID SURVEYOR INLAND GEOOETICS. LLC FORM REGISTRATION ND. I00591-00 1104 CHISHOLM TAAL ROAD. SUITE 103 ROUND ROCK, TEXAS 78681 L2 I s' Pus. "a Fist] LOT I BLOCK "A' NUTTO STATE DANK VOL. E396. PO. 196 OA.W.C.T. L5TEMPORARY cousmUCTION HOPPE GUBDIVISION ut EASEMENT CAB. J. BL. 167 "1 AC P.R W.0 T 1..0353 I 43450 30. Fr FT I� rt11 Pt At � r r yJ b� i 3� + FINAL PLAT !�i SUBDIVISION OF THE CRACKER BARREL PROPERTY A P.O.B. CABP.R VC C TtEe GRID COORDINATES; II.I0JCOR9T.09 LOT I E•a,127.127.44 BLOCK "A' W A I N L I1 N n u PARCEL PLAT MIOWL46 F'R(WERTY OF CFODL1171M, HURO STATE BANK -40WR MMON COUNTY ' 06690239 1 02/28/2022 1 PARCEL 1 'AGE 3 OF 3 EXHIBIT "C" Scope of Work [Attached.] 06690219 1 +arra�wraawai,ra+wav wnmwoar aw+m+ idiiiwans %oo t a sawm�sa ir$d -i- ir.n = ti 1 M ' fl �1 '1 1 I ti r in �I ❑� II II -� � �- - �'------ I ===sue OI _=1 y rr+ua.weeeeaHu�w•r+a arw� .. J.InBl. eitiwans %oo �..�,� ,I,O.WN S_.lK .l irV •T,MY M��ti i #�+�a..rrrewrr...rte #w�w+� way ul ijA CL Sol o i Y- n� i� �•F �p µ * � ¢ W Q M t-O Wr�ib FT' al _Is U O 6.1 W � i�N W� � sls is I �g I � 4 • I S1' FI: O I 1 i I 1 Mr I 2-1 :I W x I F I S DSr�TZLtiFS.aLvc j i � iI M1'W''Es `44}F'V 1� ii4' `f 1 Gu 11 ti Jill P. MAN j 1 4X y ti QW WW J a � .;� ¢ W� bu�io Q wiz 4�+ QU - R~ W ..# WtiJ Qb vra;w LL l NC aO 4 r F am Z4 rr WZm WNW2 �� mZ2N _i ,. 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Sao � .'k• rF yy i.00 �x ¢ 11 II yy77 88rr �.X uco 4 �w4g q. i= I i $i r-� ivniwens %oot �ww�n n�u�.rnnsua�s�s.•e++e �.nx5 . u s QQ E �pggt aq has N AM w Jim 12 ail jig 151 1 h I , 1! x .rya.�+�.���e000wrw.�..seasw�+..v oMree+�an� aaev wliiwens %OOOI �.ai•ih'uirn.wnsus�st�f.wn'a�»sri�u�ie x .rya.�+�.���e000wrw.�..seasw�+..v oMree+�an� aaev wliiwens %OOOI �.ai•ih'uirn.wnsus�st�f.wn'a�»sri�u�ie ivniwans %oot �+i'u[h-Ntul�ulAxt�[Myrp 'Y11lSM5NN4:1 EXHIBIT D TO REAL ESTATE CONTRACT [Form of Owner's Affidavit] OWNER'S AFFIDAVIT STATE OF ) [Address] [Address] COUNTY OF ) See Exhibit A Attached Hereto BEFORE ME, the undersigned authority, personally appeared , (the "Affiant"), solely in [his/her] capacity as of REGIONS BANK, an Alabama state banking corporation [, as successor by merger to _ ] (the "Owner"), who first being duly sworn, deposes and says: I. That Affiant is duly authorized to make this affidavit on behalf of Owner. 2. That the Owner is the titleholder of that certain real property described above (the "Property"). 3. To Owner's knowledge, that the Owner is entitled to possession of the Property, and there is no other person or entity in possession who has any right in the Property. 4. To Owner's knowledge, that all real estate taxes, special assessments, water and sewer charges are fully paid or shall be paid on the date hereof. 5. To Owner's knowledge, that there are no unrecorded labor, mechanics' or materialmen's liens against the Property, and no material has been furnished to or labor performed upon the Property except such that have been paid for in full. 6. To Owner's knowledge, that there are no unrecorded options or contracts to purchase, contracts for deed or mortgage commitments, or unrecorded deeds, easements or rights of way for users or adverse interest with respect to the Property. 7. To Owner's knowledge, there are no unrecorded existing tenancies, leases or other occupancies affecting the Property and that such unrecorded tenancies, leases or other occupancies, if any, contain no options to purchase the Property or rights of first refusal. 8. To Owner's knowledge, that the Owner has received no written notice of any action or proceeding, including but not limited to bankruptcy, which is now pending against Owner in any State or Federal Court that may affect Owner's interest in the Property, nor is there any attachment, judgment or other encumbrance which may now constitute a lien upon the Property, nor are there any claims or pending claims against Owner which may be satisfied through a lien or attachment against the Property. 06690239 1 9. That the Owner has received no written notice (except as may have been disclosed in the public records of the applicable jurisdiction) of an officially proposed or pending special assessment or a pending taking of any portion of the Property by any governmental body, and to the undersigned's knowledge, there has been no work done on the Property, nor notice received that work is to be done on the Property by the municipality (state, county, city, borough or township). 10. Except as set forth on the settlement statement, no broker's services have been engaged by the Owner with regard to the management, sale, purchase, lease, option or other conveyance of any interest in the property, and no commission, fee, payment or other compensation is owed to "broker" for any services in connection with the Property, and no notice of lien for any such service has been received by the Owner. Dated effective as of this day of , 202 solely in [his/her] capacity as [ ] of Regions Bank, an Alabama state banking corporation [, as successor by merger to STATE OF ALABAMA COUNTY OF JEFFERSON Personally appeared before me, the undersigned authority in and for said county and state, on this day of 202_, within my jurisdiction, the within named , who acknowledged that [he.`she] is _ of Regions Bank, an Alabama state banking corporation [, as successor by merger to ], and that for and on behalf of the said corporation, and as its act and deed [he/she] executed the above and foregoing instrument, after first having been duly authorized by said corporation so to do. My Commission Expires: NOTARY PUBLIC (Signature) (AFFIX NOTARY SEAL) (Printed Name) 066402191 EXHIBIT A TO OWNER'S AFFIDAVIT [Legal Description) 06690239 1 EXHIBIT E TO REAL ESTATE CONTRACT [Form of Secretary Certificate] A REGIONS l Andrew S Nix a duty Fle,dad and qu&ftd Assistanl Corporate Secretary of Regions Bank, an AtaOsma ante banking corporwx m twreoy artily a tolwvw Fakwong Is a true and correct copy of A11de v Seaton i2 of 1te By-uws of Region* Bank arlactive July 21 2021. as amended by the Board of Dkodors at a duly convened meeting hero on J uty 21 2021 at *Rich a quorum was present and the sarne are In fire force and ettect an the date narea, 'Secbon 12. Execuson of Irnhranerts and pocranOnts. The Chief Executve Aker, the Precedent any Senor ExocuoMv Yft Proodmnt Ego*Ar4 Mgr President, Susor Vice Pr►sgnrt or Vice PrwderK at any of5wr hobrg he bee or ExegRNe Marva np Director Managing Direckx or Director is andtwrkoct in his or her direst on to do and perform any and all corporate and oM , arts n carrying On the txaktwas of the Bank ioduding, but not finned to the outharlty to make, exeadd, edvrowledga. accept and dskver any and a deeds, mortgages release!, bills at sale assignments, "Milers leases (a lass OF 1esa1111 DdMrs of Wmney or of subelRWOn tHnPrg or wbawworg agreement, vandidr agreements. contrails pdxles Id vote s" or any o0wr InsCumwd in vtrtltng Vial may be mammy in the purchasa sale. lease asafgrsnart transfer. discount. mslwpemprt or handtiung In any vcal' of any property of any descnpoon hard Gontromad or Wad by BW* Or to ba held, contrcaed or used by Bank ether in a own or in rn flexlary cop" 1 ncludkr+Q de l into y from tine to tine to open bank aodoaate vnph the Bank or any other awtarbon. to hanaw Morey In much amounts for such lengths of We at such rate at rrterast and upon sudh terms and condition as any sand offlow may doom propor and ioevidenoe On In lebtadneas tlwreby cleated oy ehmcutlrg and daewrtrhg In the name of taw Banc promneary now of OOW oppropnow aNeernes at inaeatednese and to guanmee the 0096114ns of any subsl6ary, Or stlktate of the Bank The enumerabon herein of petbcuw powers that eat .*w n anV very On general powars and authority, of sad otscers. By ahoy elf ezarspls amd not mintta0ork fuCJh dhoera d the Banc are autfhor¢ed t0 execute ahxept, deliver and naeae On oelelf of phe Bann mid n WcOny Obligebans Who Bank such aMeemanls and nshwm" as may W wthuh the officers area d responsbmly ndudahg as applkabM, agreements orhd related documents (such as aehadulea, eonfkmatians transfers. asslgnmants, mckwMedgmenU and other doeranenta) raladng to dorWatwo lrarwMaons. loam or arwtr of credit iranaedtam syndraiorn, pertlaprlons wades. prrdeae and era or dwount t w"cbont, bath N and asigrtments, t+ Mca+g and subaervwng agreemats, vwxW agraemrgs contfacI securAr[s5drw and pe.�ssctiwa d Mhalarw kind a d.maipgara artsirg rh the conduct of the Bank's busihfss T1he arntlharrly m eseOrde and dehYer docurhwtt. i mdtarhwntt Mud a¢eearents may a tinted by na I UUM of the Bawd of Dnsctore or a committee of ue Bowdof Orrsdors. by to Chief E =Gtsbve tN&ar or by the President. by tefMafts to subject matter. category amount, geogroprikol bc2l n rr"other trntenp and may be made sub)etl to such powas Wncediures mid levels of "WOM as, may be adapted or amended Worn ana tar o me ' I Wher certify that he fohovmg Indkiduats are qurdled 10 act as an offkAx of Regions Bank es it pertains to real estate transaarorn and man igarxnt0f pfdpelLes uMh affxw wiles as spKAW below its_ Ift Scott Riley Senior Vice Prosldeni Kaith Pmsaley Senior Vice President Jaaeph Holcombe Senlor Vice PmMont Paul Sdvemdw Senior VW* Praldent Susan 8chnddt Senior Vice President Ellsho Buckley Senior Vice Prosident Maghan Bradley Senior Vice Preakdant NW! ift "Campbap Vice President Korey Cox vice #hesiderd Jan Tudor Vice President Pkiop Sepem Vice Praidertt JaAn Barely Vice President Prince McDougal Vice Prosident IN VNTNESS WiERtEOF, I maw sat mY hand and affwted pal meal of Regicift Bank am Alabama banking cow 29' day of September 2021 ISLw - lLrC toot C te S aeCratarl f• a mAer>s 6 06690239 1 REGIONS BANK ACQUISITION VALUATION AND HIGHEST AND BEST USE OF THE ACQUISITION -,uurce: City of Round Rock Whole property = Fee acquisition Temp Easement - w I Hornsby and Company 0.950 ac (39,422 SF) 0.0321 ac (1,397 SF) 0.0333 ac (1,450 SF) 45 Li O - s ROUND ROCK TEXAS City of Round Rock Agenda Item Summary Agenda Number: Title: Consider execution of a real estate contract with Regions Bank for acquisition of 0.0321 acre right of way and 0.0333 acre temporary easement required for construction of proposed improvements to Chisholm Trail Right Turn Lanes, Type: City Manager Item Governing Body: City Manager Approval Agenda Date: 2/10/2023 Dept Director: Gary Hudder, Transportation Director Cost: $36,894.00 Indexes: RR Transportation and Economic Development Corporation (Type B) Attachments: REGIONS(i)--Chisholm RTL contract (Execution Copy --Owner Signed), REGIONS(1)--property location presentation exhibits (DC 11.14.22) Department: Transportation Text of Legislative File CM-2023-025 The contract purchase price of $36,894 is equal to the City's appraised value for the proposed property acquisition. Cost: $36,894.00 Source of Funds: Round Rock Transportation and Economic Development Corporation (Type B) City of Round Rock page 1 of 1