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CM-2025-165 - 6/27/2025 REAL ESTATE CONTRACT North Mays Gap Right of Way THIS REAL ESTATE CONTRACT ("Contract") is made by and between LARO PROPERTIES,L.P. (referred to in this Contract as"Seller",whether one or more) and CITY OF ROUND ROCK, TEXAS (referred to in this Contract as "Purchaser"), upon the terms and conditions set forth in this Contract. ARTICLE I PURCHASE AND SALE By this Contract, Seller sells and agrees to convey, and Purchaser purchases and agrees to pay for,the tract(s)of land described as follows: All of that certain 0.0374-acre(1,630 square foot)tract of land,out of and situated in the Ephraim Evans Survey, Abstract No. 212, in Williamson County, Texas; being more fully described by metes and bounds in Exhibit"A", attached hereto and incorporated herein (Parcel 7); together with all and singular the rights and appurtenances pertaining to the property, including any right,title, and interest of Seller in and to adjacent streets, alleys, or rights-of-way (all of such real property, rights, and appurtenances being referred to in this Contract as the "Property"), and any improvements and fixtures situated on and attached to the Property described herein not otherwise retained by Seller, for the consideration and upon and subject to the terms, provisions, and conditions set forth below. ARTICLE II PURCHASE PRICE AND ADDITIONAL COMPENSATION Purchase Price 2.01. The Purchase Price for the fee simple Property interests described in Exhibit A shall be the sum of SIXTY THOUSAND and 00/100 Dollars ($60,000.00). Payment of Purchase Price and Additional Compensation 2.02. The Purchase Price shall be payable in cash or other readily available funds at the Closing. Cn1 - 2o2-s - I CPS 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. 3.03. As an additional form of consideration for the Property interests conveyed herein under the threat of condemnation, Seller agrees to execute and record the June 18th, 2025 Administrative Adjustment letter(hereinafter referred to as"Admin Letter")in substantially the same form as shown in Exhibit"B" attached hereto and incorporated herein. ARTICLE IV REPRESENTATIONS AND WARRANTIES OF SELLER 4.01. Seller hereby represents and warrants to Purchaser as follows, which representations and warranties shall be deemed made by Seller to Purchaser also as of the Closing Date,to the best of Seller's knowledge: (a) There are no parties in possession of any portion of the Property as lessees, tenants at sufferance,or trespassers,other than previously disclosed to Purchaser,and for which Seller shall deliver a partial release of lease document at Closing. (b) Seller has complied with all applicable laws, ordinances, regulations, statutes, rules and restrictions relating to the Property, or any part thereof. 4.02. The Property is being conveyed to Purchaser under threat of condemnation. 2 ARTICLE V CLOSING Closing Date 5.01. The Closing shall be held at the office of Rise Title on or before August 1,2025, or at such time, date, and place as Seller and Purchaser may agree upon, or within 10 days after the completion of any title curative matters if necessary for items as shown on the Title Commitment or in the contract(which date is herein referred to as the"Closing Date"). Seller's Obligations at Closing 5.02.At the Closing Seller shall: (1) Deliver to Purchaser a duly executed and acknowledged Special Warranty Deed conveying good and indefeasible title to City of Round Rock, Texas in fee simple to the right of way Property described in Exhibit A, conveying such interest in and to the portion of the Property free and clear of any and all monetary liens and restrictions and release of any lease agreement affecting the Property, except for the following: (a) General real estate taxes for the year of closing and subsequent years not yet due and payable. (b) Any exceptions approved by Purchaser pursuant to Article III hereof; and (c) Any exceptions approved by Purchaser in writing. (2) The Special Warranty Deed shall be in the form as shown in Exhibit"C"attached hereto and incorporated herein. (3) Provide reasonable assistance as requested, at no cost to Seller, to cause the Title Company to deliver to Purchaser a Texas Owner's Title Policy at Purchaser's sole expense, in Grantee's favor in the full amount of the Purchase Price, insuring Purchaser's contracted interests in and to the permanent interests being conveyed in the Property subject only to those title exceptions listed herein, such other exceptions as may be approved in writing by Purchaser,and the standard printed exceptions contained in the usual form of Texas Owner's Title Policy, provided, however: (a) The boundary and survey exceptions shall be deleted. (b) The exception as to restrictive covenants shall be endorsed "None of Record", if applicable. (c) The exception as to the lien for taxes shall be limited to the year of closing 3 and shall be endorsed"Not Yet Due and Payable"; and (d) that such other documents required from Seller are prepared at no cost to Seller and do not require Seller to make any additional representations, indemnifications,or promises to Purchaser,the Title Company, or any other person except as otherwise specifically provided in this contract. (4) Deliver to Purchaser possession of the Property if not previously done. Purchaser's Obligations at Closing 5.03.At the Closing, Purchaser shall: (a) Pay the cash portion of the Purchase Price and Additional Compensation, if any. Prorations 5.04. General real estate taxes for the then-current year relating to the portion of the Property conveyed in fee shall be prorated as of the Closing Date and shall be adjusted in cash at the Closing but shall otherwise remain the obligation of Seller to satisfy. If the Closing shall occur before the tax rate is fixed for the then current year, the apportionment of taxes shall be upon the basis of the tax rate for the next preceding year applied to the latest assessed valuation.Agricultural roll-back taxes, if any, which directly result from this Contract and conveyance shall be paid by Purchaser. 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) Owner's Title Policy and survey to be paid by Purchaser. (2) Special Warranty Deed,tax certificates, and title curative matters, if any,paid by Purchaser. (3) All other closing costs shall be paid by Purchaser. (4) Attorney's fees paid by each respectively. 4 ARTICLE VI BREACH BY SELLER 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, Purchaser may: (1) enforce specific performance of this Contract; or (2) request that the Escrow Deposit, if any, shall be forthwith returned by the title company to Purchaser. ARTICLE VII BREACH BY PURCHASER In the event Purchaser should fail to consummate the purchase of the Property, the conditions to Purchaser's obligations set forth in Article III having been satisfied and Purchaser being in default and Seller not being in default hereunder, Seller shall have the right to receive the Escrow Deposit, if any, from the title company,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. If no Escrow Deposit has been made,then Seller shall receive the amount of$500 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 opposite the signature of the party. 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 permitted by this Contract. 5 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. 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. Memorandum of Contract 8.08. Upon request of either party,the parties shall promptly execute a memorandum of this Contract suitable for filing of record. Compliance 8.09 In accordance with the requirements of Section 20 of the Texas Real Estate License Act,Purchaser is hereby advised that it should be furnished 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 8.10 This Contract shall be effective as of the date it is approved by the Round Rock City Council, which date is indicated beneath the Mayor's signature below. 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. 6 As-Is Sale 8.12. AS-IS SALE. PURCHASER ACCEPTS THE PROPERTY"AS IS,""WHERE IS,"AND "WITH ALL FAULTS," WITHOUT WARRANTY OR REPRESENTATION FROM SELLER. PURCHASER AGREES AND REPRESENTS: (a) PURCHASER IS NOT RELYING ON ANY WRITTEN, ORAL, OR IMPLIED STATEMENT OR REPRESENTATION BY SELLER OR ANY REPRESENTATIVE OF SELLER ABOUT OR RELATED TO THE PROPERTY, INCLUDING, BUT NOT LIMITED TO STATEMENTS OR REPRESENTATIONS ABOUT: (i) THE NATURE, USE, VALUE, DEVELOPMENTAL POTENTIAL, SUITABILITY OR FITNESS FOR ANY USE, COMPLIANCE WITH RESTRICTIONS OR ZONING ORDINANCES, COMPLIANCE WITH ANY REGULATIONS OR LAWS, HABITABILITY, MARKETABILITY, ACCESS TO,EGRESS FROM,QUALITY OF IMPROVEMENTS,CONDITION OF IMPROVEMENTS OR THE LAND, SIZE OF THE IMPROVEMENTS OR LAND, SOILS, OR DRAINAGE (ON OR FROM); OR (ii) THE PRESENCE OF ANY ENVIRONMENTAL CONDITIONS, ENVIRONMENTAL CONTAMINANTS, UTILITIES, FLOOD HAZARD AREAS, FLOOD PRONE AREAS,EASEMENTS,RIGHTS-OF-WAY,ROADS; (b) PURCHASER HAS THE OPPORTUNITY TO INSPECT THE PROPERTY, IS FAMILIAR WITH THE PROPERTY, IS SATISFIED WITH THE CONDITION OF THE PROPERTY, AND IS RELYING ON PURCHASER'S OWN DETERMINATION AND INVESTIGATION OF THE PROPERTY. (c) PURCHASER IS EXPERIENCED IN THE PURCHASE OF PROPERTIES SIMILAR TO THE PROPERTY; AND (d) THE SALES PRICE HAS BEEN NEGOTIATED BETWEEN THE PARTIES AS A RESULT OF PURCHASER AGREEING TO TAKE THE PROPERTY IN AN AS-IS CONDITION. Contingent Possession and Use Agreement 8.12. Upon completion of (1) the full execution of this Contract by all parties, and (2) acknowledgment by the Title Company of delivery by Purchaser of the full Purchase Price to the Title Company, Purchaser, its agents and contractors shall be permitted at any time after August 1, 2025, to enter and possess the Property prior to completion of final Closing for the purpose of completing any and all necessary testing, utility relocation, and construction activities associated with the proposed roadway improvement construction project of Purchaser on the Property or other obligations of this Contract, and Seller agrees to make any gate access available to Purchaser, its contractors or utility facility owners as necessary to carry out the purposes of this paragraph. The parties agree to continue to use diligence in assisting with any title curative measures or mortgage lien release required by the Contract to complete the Closing of the purchase transaction. 7 SELLER: LARO PROPERTIES,L.P. By: Name: Aleks Baharlo Title: President Date: 6/19/2025 PURCHASER: CITY OF ROUND ROCK,TEXAS By: Address: 221 Main Street Round Rock, Texas 78664 Date:0615d11'°15 8 County: Williamson 10/18/2023 Parcel: 7, LARO Properties, LP. Page 1 of 5 Highway: N. Mays Extension EXHIBIT A PROPERTY DESCRIPTION DESCRIPTION OF A 0.0374 ACRE (1,630 SQUARE FOOT) PARCEL OF LAND SITUATED IN THE EPHRAIM EVANS SURVEY, ABSTRACT NO. 212, IN WILLIAMSON COUNTY, TEXAS, BEING A PORTION OF LOT 4-A, OF THE REPLAT OF LOTS 2, 4, AND 6, OAKMONT CENTRE, SECTION SEVEN SUBDIVISION, RECORDED IN CABINET T, SLIDES 274-275, OF THE PLAT RECORDS OF WILLIAMSON COUNTY, TEXAS, AS DESCRIBED IN A SPECIAL WARRANTY DEED TO LARO PROPERTIES, L.P., RECORDED IN DOCUMENT NO 2011027613, OF THE OFFICIAL PUBLIC RECORDS OF WILLIAMSON COUNTY, TEXAS, SAID 0.0374 ACRE (1,630 SQUARE FOOT) PARCEL OF LAND BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING at a 5/8 inch iron rod with aluminum cap stamped "CORR-ROW' set being 35.50 feet right of N. Mays St. Baseline Station 87+32.69, on the proposed easterly right-of-way (ROW) line of N. Mays St (ROW varies), being on the northerly line of said Lot 4-A, same line being the southerly line of Lot 3, Block A, of the OAKMONT CENTRE SECTION SEVEN subdivision, recorded in Cabinet I, Slide 296-297, of said Plat Records, (Grid Coordinates determined as N=10,176,302.53, E=3,129,998.21), for the northeast corner and POINT OF BEGINNING of the herein described parcel, and from which a 5/8 inch iron rod found on the west line of Lot 6-A of said REPLAT OF LOTS 2, 4 AND 6, OAKMONT CENTRE, SECTION SEVEN subdivision, being the southeast corner of said Lot 3, same point being the northeast corner of said Lot 4-A bears N 69°02'27" E, a distance of 444.71 feet; 1) THENCE, S 20°54'21" E, departing said south boundary line of Lot 3, with said proposed easterly ROW line of N. Mays St., over and across said Lot 4-A, a distance of 285.20 feet to a MAG Nail with washer stamped "CORR-ROW 5630" set being 35.50 feet right of N. Mays Street Baseline Station 84+47.49, on the north line of Lot 4-B of said REPLAT OF LOTS 2, 4 AND 6, OAKMONT CENTRE, SECTION SEVEN subdivision, same line being the south line of said Lot 4-A, for the southeast corner of the herein described parcel, and from which a capped iron rod stamped "BAKER- AICKLEN ASSOC" found, being the southeast corner of said Lot 4-A, same point being the northeast corner of said Lot 4-B, bears N 69°06'37" E, a distance of 449.19 feet; 2) THENCE, S 69°06'37" W, departing said proposed ROW line, with the common line of said Lot 4-A and said Lot 4-B, a distance of 5.62 feet to a X cut in concrete found on the existing easterly ROW line of N. Mays St. (formerly Oakmont Drive) (60 foot ROW width), for the southwest corner of the herein described parcel, and from which a 1/2 inch iron rod found on said existing ROW line bears S 20°56'37" E, a distance of 22.26 feet; 3) THENCE, N 20°56'37" W, departing said Lot 4-B, with said existing ROW line, same line being the west line of said Lot 4-A, a distance of 285.19 feet, to a 1/2 inch iron rod found, being the southwest corner of said Lot 3, same point being the northwest corner of said Lot 4-A, for the northwest corner of the herein described parcel; County: Williamson 10/18/2023 Parcel: 7, LARO Properties, LP. Page 2 of 5 Highway: N. Mays Extension 4) THENCE, N 69°02'27" E, departing said existing ROW line of N. Mays St., with the common boundary line of said Lot 4-A and said Lot 3, a distance of 5.81 feet to the POINT OF BEGINNING, containing 0.0374 acres (1,630 square feet) of land more or less. This property description is accompanied by a separate parcel plat. Bearings are based on the Texas Coordinate System of 1983, Central Zone NAD83 (2011). Coordinates shown hereon are grid values represented in U.S. Survey Feet. All distances shown hereon are surface values represented in U.S. Survey Feet based on a surface-to-grid Combined Adjustment Factor of 0.99987384. THE STATE OF TEXAS § § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF WILLIAMSON § That I, Miguel A. Escobar, 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 January 2023. WITNESS MY HAND AND SEAL at Round Rock, Williamson County, Texas. Inland Geodetics OFT / .•e o•. 1/4 I MIGUEL ANGEL ESCOBAR ► Miguel A. Escobar, L.S.L.S., R.P.L.S. � •;�0 5630o�P:• Texas Reg. No. 5630 1504 Chisholm Trail Rd #103 Round Rock, TX 78681 TBPELS Firm No: 10059100 Project No: KPA-001 S:\KPA\CORR N MAYS EXT\5-Descriptions-Reports\PARCEL-7-LARO PROPERTIES.doc EXHIBIT A PLAT TO ACCOMPANY DESCRIPTION 'I I• I I I ii I r NO. DIRECTION DISTANCE I �L L1 S69'06'37'W 5.62' P III L2 N69'02'27"E 5.81' L3 S20'56'37"E 22.26' Z' (L3) (N19'01'31"W) (22.25') a' II LOT 3, BLOCK A I coI 3.00 ACRES 1 / I ' '_,II 11 OAKMONT CENTRE c 1 II SECTION SEVEN I I zl I 3 CAB. I, SLD. 296-297 50 0 50 100 o P.R. :l II I P.O.B. I N GRID COORDINATES SCALE 1" = 100' I c a N:10,176,302.53 J o,, E:3,129,998.21 a STA. 87+32.69 I 1n$3 35.50' RT — >-o N69'02 27 E 444.71 _ o' — 5 - — m>d — — — �N79'S9'a9' �51 :--1 Zwm 10' B.L. 0 9 I I 952/142 �P.U.E. O.P.R. ' I. 30' B.L. I I ss.p.p. LARO PROPERTIES, L.P. ��. 1 l O.P.R. �Q' o DOC. NO. 2011027613 1 ui, O O.P.R.W.C.T. I�� Hc 16 �N �N 0.0374 AC.1,630 SQ. FT. REPEAT OF LOT 6-A z 1 r W LOTS 2, 4, AND 6 7.669 AC. OAKMONT CENTRE °w 1) I ,_D '. SECTION SEVEN o I LOT 4-A CAB. T, SLD. 274-275 N N 2.981 AC. P.R.W.C.T. °lZ I I I m i�1. TA. 84+47.49 10' B.L. I 35.50' RT 952/142 I (N71'03'31"E 454.71') l".R' ,0\-°" 10' W.L.E. I _L _ _ =N69'06'37"E 449.19'"— — — eP���- 15' P.U.E. \ I CAB. T, SLD. 274-275� LOT 4—B T 11 P.R.W.C.T. 3.486 AC. DOC No 200219798 I I I APPROXIMATE LOCATION - 1 't, 't i r' `, / I r-\ i „ :U:; -" � "`r., ,i �/ ;� , // PROJECT NO.: KPA-001 10/18/2023 Imlftwiftri PARCEL PLAT SHOWING PROPERTY OF LW GEODEI1CS LARO PROPERTIES, L.P. PARCEL 7 an Surveyors 0.0374 AC. f\r 1,630 SQ. FT. SCALE PROJECT 1" = 100' WILLIAMSON COUNTY PROJECT MAYS EXT PAGE 3 OF 5 EXHIBIT A PLAT TO ACCOMPANY DESCRIPTION NOTES: F. THE FOLLOWING MATTER(S) AFFECTING THE SUBJECT PROPERTY AS SHOWN ON PLAT/MAP RECORDED IN CABINET 1. BEARINGS ARE BASED ON THE TEXAS COORDINATE T, SLIDE 274, PLAT RECORDS, WILLIAMSON COUNTY, TEXAS: SYSTEM OF 1983, CENTRAL ZONE NAD83 (2011). 15' PUBLIC UTILITY EASEMENT ALONG THE WEST AND NORTH COORDINATES SHOWN HEREON ARE GRID VALUES PROPERTY UNE. (SHOWN) REPRESENTED IN U.S. SURVEY FEET. ALL 7.5' PUBLIC UTILITY EASEMENT ALONG THE SOUTH PROPERTY DISTANCES SHOWN HEREON ARE SURFACE VALUES LINE. (SHOWN) REPRESENTED IN U.S. SURVEY FEET BASED ON A G. THE TERMS, PROVISIONS, EASEMENTS, COVENANTS, SURFACE-TO-GRID COMBINED ADJUSTMENT RESTRICTIONS AND UEN FOR ASSESSMENTS AS SHOWN IN FACTOR OF 0.99987384. RESTRICTIONS RECORDED IN VOLUME 952, PAGE 142, VOLUME 961, PAGE 1, VOLUME 1019, PAGE 578, VOLUME 2. THE FOREGOING MAP AND SURVEY ON WHICH IT IS 976, PAGE 230, VOLUME 1034, PAGE 709, VOLUME 1340, BASED IS ACCOMPANIED BY AND A PART OF PAGE 873, VOLUME 1340, PAGE 877, VOLUME 1340, PAGE METES AND BOUND DESCRIPTION OF THE 882, VOLUME 1340, PAGE 887, VOLUME 1344, PAGE 732, SEPARATE SERAT TRACT. VOLUME 1344, PAGE 737, VOLUME 1344, PAGE 742, CLERK'S FILE NO. 2001003055, 2013068699, 2016010516, 2021190918, 2021190919, OFFICIAL PUBLIC RECORDS, WILLIAMSON THE SURVEY SHOWN HEREON WAS PREPARED IN COUNTY, TEXAS; WHEN TAKEN WITH ALL AMENDMENTS CONJUNCTION WITH THAT COMMITMENT FOR TITLE AND/OR SUPPLEMENTS THERETO. INSURANCE GF 23040016RTROW, ISSUED BY RISE H. SUBJECT TO ALL DEFINITIONS, EASEMENT, COVENANTS, TITLE INSURANCE COMPANY, EFFECTIVE DATE MAY 2, LIMITATIONS, CONDITIONS, RIGHTS, PRIVILEGES, OBLIGATIONS, 2023; ISSUE DATE MAY 5, 2023. LIABILITIES, AND ALL OTHER TERMS AND PROVISIONS OF THAT CERTAIN AMENDED AND RESTATED DECLARATION OF SCHEDULE B, ITEM 1: COVENANTS, CONDITIONS AND RESTRICTIONS, RECORDED IN RESTRICTIVE COVENANTS: CABINET I, SLIDE 296, CLERK'S FILE NO. 2013068699, OFFICIAL PUBLIC RECORDS, CABINET T, SLIDE 274, PLAT RECORDS; VOLUME 952, WILLIAMSON COUNTY, TEXAS. (AFFECTED BY BLANKET-TYPE PAGE 142, VOLUME 961, PAGE 1, VOLUME 1019, EASEMENTS FOUND IN DOCUMENT) PAGE 578, VOLUME 976, PAGE 230, VOLUME 1034, PAGE 709, VOLUME 1340, PAGE 873, VOLUME 1340, I. EASEMENT AS SHOWN IN INSTRUMENT TO CITY OF ROUND PAGE 877, VOLUME 1340, PAGE 882, VOLUME 1340, ROCK, DATED JANUARY 15, 1985 AND FILED IN VOLUME PAGE 887, VOLUME 1344, PAGE 732, VOLUME 1344, 1199, PAGE 250, OFFICIAL PUBLIC RECORDS OF WILLIAMSON PAGE 737, VOLUME 1344, PAGE 742, CLERK'S FILE COUNTY, TEXAS. (DOES NOT AFFECT) NO. 2001003055, 2013068699, 2016010516, J. EASEMENT AS SHOWN IN INSTRUMENT TO CITY OF ROUND 2021190918, 2021190919, OFFICIAL PUBLIC ROCK, DATED JANUARY 15, 1985 AND FILED IN VOLUME RECORDS, WILLIAMSON COUNTY, TEXAS, BUT OMITTING 1199, PAGE 262, OFFICIAL PUBLIC RECORDS OF WILLIAMSON ANY COVENANT, CONDITION OR RESTRICTION, IF ANY, COUNTY, TEXAS. (DOES NOT AFFECT) BASED ON RACE, COLOR, RELIGION, SEX, HANDICAP, K. EASEMENT AS SHOWN IN INSTRUMENT TO CITY OF ROUND FAMILIAL STATUS, OR NATIONAL ORIGIN UNLESS AND ROCK, DATED JANUARY 15, 1985 AND FILED IN VOLUME ONLY TO THE EXTENT THAT THE COVENANT, 1199, PAGE 270, OFFICIAL PUBLIC RECORDS OF WILLIAMSON CONDITION OR RESTRICTION (A) IS EXEMPT UNDER COUNTY, TEXAS. (DOES NOT AFFECT) TITLE 42 OF THE UNITED STATES CODE, OR (B) L. TERMS AND PROVISIONS OF DEED RECORDATION RELATES TO HANDICAP, BUT DOES NOT DISCRIMINATE ACKNOWLEDGMENT - EDWARDS AQUIFER PROTECTION L. PLAN AGAINST HANDICAPPED PERSONS. DATED NOVEMBER 27, 2000, FILED DECEMBER 14, 2000, SCHEDULE B, ITEM 10: RECORDED IN CLERK'S FILE NO. 2000082864, OFFICIAL PUBUC RECORDS, WILLIAMSON COUNTY, TEXAS. A. RIGHTS OF PARTIES IN POSSESSION. (NOT A SURVEY MATTER) B. RIGHTS OF TENANTS, AS TENANTS ONLY, UNDER UNRECORDED M. TERMS AND PROVISIONS OF EASEMENT AGREEMENT DATED LEASES OR RENTAL AGREEMENTS. JANUARY 2, 2002, RECORDED IN CLERK'S FILE C. RIGHTS OF PUBLIC, THE STATE OF TEXAS AND THE NO.2002019798, OFFICIAL PUBLIC RECORDS, WILLIAMSON MUNICIPAUTY IN AND TO THAT PORTION OF SUBJECT COUNTY, TEXAS. (EASEMENT AS SHOWN) PROPERTY, IF ANY, LYING WITHIN THE BOUNDARIES OF ANY N. TERMS AND PROVISIONS OF RECIPROCAL EASEMENT AND ROADWAY, PUBLIC OR PRIVATE. OPERATING AGREEMENT BY AND BETWEEN LARO PROPERTIES, D. ANY VISIBLE AND APPARENT EASEMENTS ON OR ACROSS THE L.P.A CALIFORNIA LIMITED PARTNERSHIP AND MS REALTY PROPERTY HEREIN DESCRIBED, WHICH ARE NOT SHOWN OF DATED AP, LLC, A 2020,TEXAS LIMITED LIABILITY , RECORDEDECOY RECORD. DATED APRIL 7, FILED APRIL 7, 2020, IN CLERK'S FILE NO. 2020035394, OFFICIAL PUBLIC RECORDS, E. ALL LEASES, GRANTS, EXCEPTIONS OR RESERVATIONS OF WILLIAMSON COUNTY, TEXAS. (NOT A SURVEY MATTER) COAL, UGNITE, OIL, GAS AND OTHER MINERALS, TOGETHER WITH ALL RIGHTS, PRIVILEGES, AND IMMUNITIES RELATING O. TERMS AND PROVISIONS OF SUBORDINATION AGREEMENT - THERETO, APPEARING IN THE PUBLIC RECORDS WHETHER UNRECORDED LEASE BY AND BETWEEN STREAMLINE LISTED IN SCHEDULE B OR NOT. THERE MAY BE LEASES, TECHNICAL SERVICES, INC., LESSEE; STREAMLINE GRANTS, EXCEPTIONS OR RESERVATIONS OF MINERAL INVESTMENTS, LTD., BORROWER AND BANK OF AMERICA, N.A., INTEREST THAT ARE NOT LISTED. LENDER DATED JULY 13, 2004, FILED JULY 27, 2004, RECORDED IN CLERK'S FILE NO. 2004058995, OFFICIAL PUBUC RECORDS, WILLIAMSON COUNTY, TEXAS. PROJECT NO.: KPA 001 (NOT A SURVEY MATTER) 10/18/2023 FLIIII"111 PARCEL PLAT SHOWING PROPERTY OF INLAND GEoorncs LARO PROPERTIES, L.P. PARCEL 7 Land Surveyor. 0.0374 AC. F\r- 1,630 SQ. FT. PROJECT WILLIAMSON COUNTY N. MAYS EXT PAGE 4 O F 5 EXHIBIT L_ PLAT TO ACCOMPANY DESCRIPTION LEGEND x 'X' FOUND IN CONCRETE 0 1/2" IRON ROD WITH CAP FOUND • 1/2" IRON ROD FOUND (UNLESS NOTED) p 5/8' IRON ROD W/ ALUMINUM CAP STAMPED "CORR—ROW" SET • CALCULATED POINT X X CUT FOUND ® PK NAIL FOUND • MAG NAIL FOUND ® MAG NAIL WITH WASHER STAMPED "CORR—ROW 5630" SET PROPERTY LINE P.R.W.C.T. PLAT RECORDS WILUAMSON COUNTY, TEXAS O.P.R.W.C.T. OFFICIAL PUBLIC RECORDS WILLIAMSON COUNTY, TEXAS D.R.W.C.T. DEED RECORDS WILLIAMSON COUNTY. TEXAS P.O.B. POINT OF BEGINNING W.LE. WATER LINE EASEMENT ( ) RECORD INFORMATION BREAKLINE P.TERMS AND PROVISIONS OF ASSIGNMENT AND SUBORDINATION OF UNRECORDED LEASES AGREEMENT BY AND BETWEEN STREAMLINE INVESTMENTS, LTD., STREAMLINE TECHNICAL SERVICES, LTD., AND CAPITAL CERTIFIED DEVELOPMENT CORPORATION, LENDER DATED AUGUST 23, 2004, FILED FEBRUARY 9, 2005, RECORDED IN CLERK'S FILE NO. 2005010123, OFFICIAL PUBLIC RECORDS, WILLIAMSON COUNTY, TEXAS. (NOT A SURVEY MATTER) Q. ANY RIGHTS, LIENS, OR CLAIMS IN FAVOR OF UPPER BRUSHY CREEK WATER CONTROL AND IMPROVEMENT DISTRICT, INCLUDING BUT NOT LIMITED TO ANY LIEN SECURING THE PAYMENT OF ASSESSMENTS LEVIED AGAINST THE LAND IN ACCORDANCE WITH CHAPTER 372 OF THE TEXAS LOCAL GOVERNMENT CODE, WHICH PROVIDES THAT SAID LIEN IS: (1) A FIRST AND PRIOR LIEN AGAINST THE PROPERTY ASSESSED; (2) SUPERIOR TO ALL OTHER LIENS AND CLAIMS EXCEPT, LIENS OR CLAIMS FOR STATE, COUNTY, SCHOOL DISTRICT, OR MUNICIPAL AD VALOREM TAXES:. (§372.018 (B), TEXAS LOCAL GOVERNMENT CODE) (NOT A SURVEY MATTER) I DO HEREBY CERTIFY THAT THE PROPERTY DESCRIBED HEREIN WAS DETERMINED BY A SURVEY MADE ON THE GROUND UNDER MY DIRECT SUPERVISION ON JANUARY 2023. A INLAND �GEODETIC. OFF• `7 i`� �.Q. •RF0 lfl k MIGUEL A. ESCOBAR, LS.L.S., R.P.L.S. MIGUELANGELESCOBAR ► TEXAS REG. NO. 5630 1504 CHISHOLM TRAIL RD #103 ` 5630 �� ROUND ROCK, TX 78681 ° / TBPELS FIRM NO. 10059100 !�OFESB 0.1R- �N�•3UR��� PROJECT NO.: KPA-001 10/18/2023 P11111111.11111 PARCEL PLAT SHOWING PROPERTY OF INLAID GEODETICS LARO"r\ir PROPERTIES, L.P. PARCEL Land Surveyors 74Ac 1,630 SQ. FT. PROJECT WILLIAMSON COUNTY N. MAYS EXT PAGE 5 OF 5 EXHIBIT "B" Mayor Councilmembers City Manager Craig Morgan Michelle Ly Brooks Bennett Rene Flores Melissa Fleming ROUND ROCK TEXAS Mayor Pro-Tem Frank Ortega City Attorney ADMINISTRATION Kristin Stevens Hilda Montgomery Stephanie Sandre June 18, 2025 Laro Properties, LP c/0 Morrison &Head LP 16633 Ventura Blvd. Ste 1330 Encino, CA 91436 RE: Administrative Adjustment—Laro Properties, LP Property,Parcel 7, North Mays Street Project, Round Rock,TX 78664 S7577-Oakmont Centre Sec 7 Lts 2,4&6 Replat, BLOCK A, Lot 4A,ACRES 2.981 (WCAD Parcel No. R313608) Laro Properties, LP: The above-referenced property is governed by the City of Round Rock Zoning and Development Code (hereinafter "Code") and the Design and Construction Standards ("DACS"). With the proposed City- initiated roadway project to expand North Mays Street, and the city's proposed acquisition of land, the property will no longer be compliant with parking lot buffer landscaping as noted in the Code and DACS. Chapter 10, Section 10-52 of the Round Rock Zoning and Development Code allows an administrative adjustment for property subject to condemnation, where governmental condemnation results in zoning law noncompliance. Specifically, landscaping is identified as a category subject to an administrative adjustment due to governmental condemnation. It is therefore staff's professional opinion that the reduction of the landscaping buffer area will be harmonious with the character and scale of the surrounding area. Furthermore, we hereby find that this complies with the established criteria for an Administrative Adjustment as noted in Section 10-52: a) Consistent with this Code zoning regulations. The proposed adjustment is in harmony with the general plan and purpose and intent of this Code. b) Harmonious with character and scale of surrounding area.The proposed adjustment to schematic architectural and landscaping designs shall be harmonious with the character of the surrounding area. c) General impacts. The likely future impact that the proposed adjustment may have on the following systems and public services: Public infrastructure such as roads, parking facilities,water and wastewater systems, police and fire protection, solid waste collection, and the ability of existing infrastructure and existing services to adequately service the property in question. d) Traffic-related impacts.The proposed adjustment does not interfere with the free flow of traffic or create a public safety hazard. e) Condemning authority impact. The likely cost to the condemning authority if the application is disapproved. In accordance with Section 10-52 of the Round Rock Zoning and Development Code,the City hereby grants an Administrative Adjustment to the parking lot landscape buffer section of the DACS and Code due to the city's acquisition of land within the proposed North Mays Street project being constructed by the City for public use. Future redevelopment of the site will have to comply with lawfully adopted Codes and ordinances in effect at that time, but this administrative adjustment allows the noncompliant landscaping buffer to remain as-is without any corrective action required. We recommend you record this letter in the Williamson County Courthouse for future reference on legal matters related to this action. Sincerely, Bradley Dushkin, AICP Director of Planning& Development Services cc: Michael Thane, Executive Director of Public Works Gerald Pohlmeyer,Asst. Director Transportation Infrastructure ACKNOWLEDGMENT STATE OF TEXAS § COUNTY OF § This instrument was acknowledged before me on , 2025, by Bradley Dushkin,AICP, in the capacity and for the purposes and consideration recited herein. Notary Public,State of Texas CITY OF ROUND ROCK 221 East Main Street, Round Rock,Texas 78664[P] 512.218.5401 •[F] 512.218.7097•roundrocktexas.gov EXHIBIT "C" Parcel 7 DEED North Mays Gap 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 LARO PROPERTIES, L.P. hereinafter referred to as Grantor, whether one or more, for and in consideration of the sum of Ten Dollars ($10.00) and other good and valuable consideration to Grantor in hand paid by City of Round Rock, Texas, the receipt and sufficiency of which is hereby acknowledged, and for which no lien is retained, either expressed or implied, have this day Sold and by these presents do Grant, Bargain, Sell and Convey unto CITY OF ROUND ROCK, TEXAS, all that certain tract(s) or parcel(s) of land lying and being situated in the County of Williamson, State of Texas, along with any improvements thereon, being more particularly described as follows (the "Property"): All of that certain 0.037-acre (1,630 square foot) tract of land, out of and situated in the Ephraim Evans Survey, Abstract No. 212, in Williamson County, Texas; being more fully described by metes and bounds in Exhibit "A", attached hereto and incorporated herein(Parcel 7) SAVE AND EXCEPT, HOWEVER, it is expressly understood and agreed that Grantor is retaining title to the following improvements located on the Property, to wit: NONE RESERVATIONS FROM AND EXCEPTIONS TO CONVEYANCE AND WARRANTY: Visible and apparent easements not appearing of record; Any discrepancies, conflicts, or shortages in area or boundary lines or any encroachments or any overlapping of improvements which a current survey would show; Easements, restrictions, reservations, covenants, conditions, oil and gas leases, mineral severances, and encumbrances for taxes and assessments (other than liens and conveyances) 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, 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 parcel and upon the condition that none of such operations shall be conducted so near the surface of said land as to interfere with the intended use thereof or in any way interfere with, jeopardize, or endanger the facilities of 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 Grantee's roadway facilities and all related appurtenances. TO HAVE AND TO HOLD the property herein described and herein conveyed together with all and singular the rights and appurtenances thereto in any wise belonging unto City of Round Rock, Texas and its assigns forever; and Grantor does hereby bind itself, its heirs, executors, administrators, successors and assigns to Warrant and Forever Defend all and singular the said premises herein conveyed unto City of Round Rock, Texas and its assigns against every person whomsoever lawfully claiming or to claim the same or any part thereof by, through or under Grantor, but not otherwise. This deed is being delivered in lieu of condemnation. IN WITNESS WHEREOF, this instrument is executed on this the day of , 2025. [signature page follows] 2. GRANTOR: LARO PROPERTIES, L.P. By: Name: Title: ACKNOWLEDGMENT STATE OF TEXAS § COUNTY OF § This instrument was acknowledged before me on this the day of 2025 by , in the capacity and for the purposes and consideration recited therein. Notary Public. State of Texas PREPARED IN THE OFFICE OF: Sheets & Crossfield, PLLC 309 East Main Round Rock, Texas 78664 GRANTEE'S MAILING ADDRESS: City of Round Rock,Texas Attn: City Clerk 221 Main Street Round Rock, Texas 78664 AFTER RECORDING RETURN TO: 3. EXHIBIT PLAT TO ACCOMPANY DESCRIPTION I II I.- .1 p III I N0. DIRECTION DISTANCE iL1 S69'O6'37"W 5.62'II L2 N69'02'27"E 5.81' L3 S20'56'37"E 22.26' z (L3) (N19'01'31"W) (22.25') <i I LOT 3, BLOCK A NI 3.00 ACRES / I i I ( I I OAKMONT CENTRE = I) SECTION SEVEN I I =I l 3 CAB. I, SLD. 296-297 50 0 50 100 o P.R. _ w P.O.B. IZ GRID COORDINATES SCALE 1" = 100' i a N:10,176,302.53 o.. e & E:3,129,998.21 J g o 'l N STA. 87+32.69 N 35.50' RT -I 1_3.; - N69'02 27 E 444.71T Z g o i l l + -fN 9'4-s� -45 >-V ___5 " 3 ro ii 10' B.L. el J I I 952/142 1 P.U.E. O.P.R. ?I30. B.L. l I 1 952/1420.P.R. LARO PROPERTIES, L.P. ' . DOC. NO. 2011027613 3 I coco 0O.P.R.W.C.T. •I . fN N 0.0374 AC. REPEAT OF LOT 6-A 1,630 SQ. F . i ' �.W LOTS 2, 4, AND 6 7.669 AC. I OAKMONT CENTRE W M.o h. SECTION SEVEN Igo i:n LOT 4—A CAB. T, SLD. 274-275 S I 2.981 AC. P.R.W.C.T. $TA. 84+47.49 10' B.L. II 35.50' RT 952/142 (N71'03'31"E 454.71')°P'R' I K�N I I - , = . ,i0® I 15. P.U.E.. LOT 4-B IICAB. T, SLD. 274-275� I P.R.W.C.T. 10' W.L.E. 3.486 AC. DOC No 200219798 II 0.P.R.W.C.T. ,r- . i I I APPROXIMATE LOCATION r- ' i,r.; '�i r" ' / ` , "` ;I`/I E_ ,, ' '. / 'A- r' _ i r/ - r. Y ;/ . ;II PROJECT NO.: KPA-001 10/18/2023 P‘IIIIIIIAI PARCEL PLAT SHOWING PROPERTY OF rie p5GEODEolCS LARO PROPERTIES, L.P. Prs ARCEL 74 Ac "r\jr, 1,630 SQ. FT. SCALE PROJECT 1" = 100' WILLIAMSON COUNTY N. MAYS EXT PAGE 3 OF 5 j y L111: / o Qy _ ~ � .�..�a-° �.“, II r Jr.I I 1 ; - ( ,� �- �� ) s 4.' ,CIA.. • �i���y I fit((/ ' I W - _ _ ,.l'�ii��i�I_ llli� 7F<f 10• BL (952j1 43)T wyiy I \\ '# 7 5 PUE T 74T ' �x�_ . S� SI rfRM `. CON F)R 'I m C Ate --N•_ ¢B•'` r, --- 1r " of •! ..w..i iabre .ar_rs A ,..'FC 31'3:a� F� _ I s u P? 1 1? ~ l U' it 7,'? 7P /� 2.91' I/ _ '�'�C. 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