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R-01-11-20-13C1 - 11/20/2001RESOLUTION NO. R- 01- 11- 20 -13C1 WHEREAS, the City desires to purchase a 0.73 acre tract of land for additional right -of -way for the Highway 79 Project, and WHEREAS, Adeline Geistman, the owner of the property, has agreed to sell said property to the City, Now Therefore BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS, That the Mayor is hereby authorized and directed to execute on behalf of the City a Real Estate Contract with Adeline Geistman, for the purchase of the above described property, a copy of said Real Estate Contract being attached hereto as Exhibit "A" and incorporated herein for all purposes. The City Council hereby finds and declares that written notice of the date, hour, place and subject of the meeting at which this Resolution was adopted was posted and that such meeting was open to the public as required by law at all times during which this Resolution and the subject matter hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act, Chapter 551, Texas Government Code, as amended. RESOLVED this 20th day of Nov •er, 001. ATTEST: n CHRISTINE R. MARTINEZ, City Sec etary :: CDMA\" oRLOOX \0: \wmx \RESOLVn \R1112OC1.WPD /sc dal RO"_ T A. STLUKA, JR., ayor City of Round Rock, Texas STATE OF TEXAS § COUNTY OF WILLIAMSON § THIS CONTRACT OF SALE ( "Contract ") is made by and between Adeline Geistman, of 1402 Deepwood Drive, Round Rock, Texas 78681 (referred to in this Contract as ( "Seller ") and the CITY OF ROUND ROCK, a Texas Home Rule City of 221 E. Main St. Round Rock, Williamson County, Texas (referred to in this Contract as ( "Purchaser "), upon the terms and conditions set forth in this Contract. I: \0001 -- \0135 \sales concracea /sls REAL ESTATE CONTRACT ARTICLE I PURCHASE AND SALE 1.01 By this Contract, Seller sells and agrees to convey, and Purchaser purchases and agrees to pay for, that certain parcel of land containing approximately 0.73 acres of land and all improvements located thereon situated in Williamson County, Texas, being more particularly described in Exhibit A, attached hereto and incorporated herein; 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 "), together with any improvements, fixtures, and personal property situated on and attached to the Property, for the consideration and upon and subject to the terms, provisions, and conditions set forth below. ARTICLE II PURCHASE PRICE Amount of Purchase Price 2.01. The purchase price for the Property shall be the sum of FOUR HUNDRED TWENTY FIVE THOUSAND and no /100 Dollars ($425,000.00.) 1 EXHIBIT IAn Payment of Purchase Price 2.02. The Purchase Price shall be paid in cash at the closing. ARTICLE III PURCHASER'S AND SELLER'S OBLIGATIONS Conditions to Purchaser's Obligations 3.01. The obligations of Purchaser hereunder to consummate the transaction contemplated hereby are subject to the consent of Seller's lender to release the Property from its lien and financing statement, and 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). x: \000i- - \oizs \sales coacraccz /sis Preliminary Title Commitment 3.02. Purchaser, at Purchaser's sole cost and expense, will cause Austin Title Company (the "Title Company ") of 101 E. Old Settlers Blvd., Suite 100, Round Rock, Texas 78664, to issue a preliminary title report (the "Title Commitment "). Purchaser shall give Seller written notice on or before the expiration of ten (10) days after Purchaser receives this contract following execution by Seller that the condition of title as set forth in the title binder is or is not satisfactory, and in the event Purchaser states that the condition is not satisfactory, Seller may, but shall not be obligated, to eliminate or modify all unacceptable matters to the reasonable satisfaction of Purchaser. In the event Seller is unable, or unwilling to do so within ten (10) days after receipt of written notice, this Contract shall thereupon be null and void for all purposes and the Escrow Deposit shall be forthwith returned by the Title Company to Purchaser. Purchaser's failure to give Seller this written notice shall be deemed to be Purchaser's acceptance of the Title Commitment. ARTICLE IV CLOSING The closing shall be held at the Title Company on or before December 31, 2002, or at such time, date, and place as Seller and Purchaser may agree upon (which date is herein referred to as the ( "closing date "). Seller's Obligations 4.01. At the closing Seller shall: 2 (a) Deliver to Purchaser a duly executed and acknowledged General Warranty Deed conveying good and indefeasible title in fee simple to all of the Property, free and clear of any and all liens, encumbrances, conditions, easements, assessments, and restrictions, except for the following: (i) General real estate taxes for the year of closing and subsequent years not yet due and payable; (ii) Any exceptions approved by Purchaser pursuant to Article III hereof; and (iii) Any exceptions approved by Purchaser in writing. (b) Deliver to Purchaser a Texas Owner's Title Policy at Purchaser's sole expense, issued by the Title Company, in Purchaser's favor in the full amount of the purchase price, insuring Purchaser's fee simple title to the Property subject only to those title exceptions listed above, 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. (c) The aforesaid General Warranty Deed will include provisions that it is being delivered in lieu of condemnation. 4.02 At the Closing, Purchaser shall pay the cash portion of the purchase price. 4.03 General real estate taxes for the then current year relating to the Property, shall be prorated as of the closing date and shall be adjusted in cash at the closing. If the closing shall occur before the tax rate is fixed 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. All special taxes or assessments to the closing date relating to the Property and then due and payable, shall be paid by Seller. Purchaser will bear the burden of paying any rollback taxes, if any, resulting from a change of use of the Property. I, \o001- -\olzs \sales concraccz /sls Purchaser's Obligations Prorations 3 5.01 Seller will be solely responsible for all real estate brokerage commissions due to any brokers representing the Seller. 4.04 All costs and expenses of closing in consummating the sale and purchase of the Property shall be borne and paid as follows: Owner's Title Policy paid by Purchaser; Filing fees for deed paid by Purchaser; Filing fees for release(s) paid by Seller; Title curative matters, if any, paid by Seller; Other miscellaneous closing costs to be paid by Purchaser; Attorney's fees paid by each respectively. I: \0001 -- \0125 \sales concract2 /a1s Closing Costs ARTICLE V REAL ESTATE COMMISSIONS ARTICLE VI ESCROW DEPOSIT 6.01 For the purpose of securing the performance of Purchaser under the terms and provisions of this Contract, Purchaser has delivered to the Title Company, the sum of Five Thousand Dollars ($5000.00), the Escrow Deposit, which shall be paid by the Title Company to Seller in the event Purchaser breaches this Contract as provided in Article VIII hereof. At the closing, the Escrow Deposit shall be paid over to Seller and applied to the cash portion of the purchase price, provided, however, that in the event the Purchaser shall have given written notice to the Title Company that one or more of the conditions to its obligations set forth in Article III have not been met, or, in the opinion of Purchaser, cannot be satisfied, in the manner and as provided for in Article III, then the Escrow Deposit shall be forthwith returned by the Title Company to Purchaser. ARTICLE VII BREACH BY SELLER 7.01 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, or the failure of any condition to Seller's obligations provided herein, Purchaser may, as its sole and exclusive remedy, either: (1) enforce specific performance of this Contract; or (2) request that the Escrow Deposit shall be forthwith returned by the Title Company to Purchaser. 4 8.01 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 (1) bring suit for damages against Purchaser; or (2) bring suit for specific performance. Damages recovered by Seller shall be offset by any escrow amounts paid to Seller for Purchaser's breach pursuant to the provisions of paragraph 6.01. 9.01 Seller agrees to use her best efforts to terminate any and all leaseholds or other possessory interests in or to the Property held by any third party before the Closing Date as same is defined above and to deliver the Property and all improvements located thereon vacant. I: \owo1- - \ 0125 \sales concracc2 /eta ARTICLE VIII BREACH BY PURCHASER ARTICLE IX LEASEHOLDS ARTICLE X MISCELLANEOUS Assignment of Contract 10.01. (a) This Contract may not be assigned without the express written consent of Seller. Regardless of the foregoing, Purchaser may assign this Contract to the Round Rock Transportation Development Corporation. Survival of Covenants (b) Any of the representations, warranties, covenants, and agreements of the parties, as well as any rights and benefits of the parties, pertaining to a period of time following the closing of the transactions contemplated hereby shall survive the closing and shall not be merged therein. Notice (c) 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. 5 Texas Law to Apply (d) 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 (e) 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. Legal Construction (f) 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 (g) 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 (h) Time is of the essence in this Contract. Gender (i) 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. (j) Upon request of either party, both parties shall promptly execute a memorandum of this Contract suitable for filing of record. is \0001 -- \01x5 \sales cancaaccVsls Memorandum of Contract 6 I, \0 001 -- \0115 \sa les concra / sls Effective Date (k) This Contract, with the exception of Article IX shall be effective as of the date it is approved by the City Council, which date is indicated beneath the Mayor's signature below. Article IX shall be effective immediately upon the execution of this Contract by Seller. I represent that I have read and understood each of the terms and conditions of the foregoing document and by affixing my signature hereto agree to be bound thereby. SELLER: By: ADELINE GEIST Date: 1 1 - 13-01 , 2001 PURCHASER: CITY OF ROUND ROCK, TEXAS By: Robert A. Stluka, Jr., Mayor 221 E. Main Street Round Rock, Texas 78664 Date: , 2001 7 Stan °palter, RPLS, LSLS 12 -31 -99 File No. 99302 WP -8 J. S. COALTER & ASSOCIATES STAN COALTER ROOISIERED PROFESSIONAL LAND SURVEYOR RPLS. LSLS LICENSED STATE LAID SURVEYOR CARD SHIPMAN (1121 255 -8211 TELEPHONE OFFICE MANAGER (612) 256 -8263 FACSIMILE FIELD NOTES F<17:6,1 "A'• H05 N. IN 35. SUITE 100 ROUND ROC[[ TEXAS 7256• BEING 0.73 OF AN ACRE OF LAND OUT OF THE P. A. HOLDER SURVEY, ABSTRACT NO. 297, IN THE CITY OF ROUND ROCK, WILLD'MSON ODUNTY, TEXAS, BEING APART OF LOTS No. 6 & 7 of SWFN.SON "S SUBDIVISION, A SUBDIVISION IN WILLIAMSON COUNTY, TEXAS, AOCORDING TO THE MAP OR PLAT THEREOF RECORDED IN VOLUME 13, PAGE 119, DEED RECORDS OF WrrLUNSS(NQ COUNTY, AND BEING. ALL OF THAT TRACT OF LAND DESCRIBED IN DEEDS TO ADEC.]3 E GEISTM AN RECORDED IN VOLUME 827, PAGE 703, VOLUME 854, PAGE 429 AND VOLUME 901, PAGE 280, DEED RECORDS OF WILLIAMSON COUNTY, BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS, TO WIT: BEGINNING at an iron rod found at the most easterly corner hereof at the intersection of the north line of Lots 6 & 7 of said St nson's Subdivision with the northwesterly line of United States Highway No. 79; THENCE S 65 28' 21" W a distance of 402.55 feet with the northwesterly line of said U S. Highway 79 to an iron rod found at the southwest corner hereof, said iron rod also being the southeast corner of that certain 3.00 acre tract of land described in a deed to Aaron Thomison recorded in Volume 2422, Page 420, Official Records of William ton County; THENCE NORTH a distance of 173.19 feet to an iron rod set at the northwest corner hereof in the north line of It 6 of said Swenson's Subdivision, said iron rod also being the northeast corner of said 3.00 acre tract; THENCE S 89° 02' 55" E a distance of 366.27 feet with the north line of said Lots 6 & 7.of Swenson's Subdivision and the north line of County Road No. 195, (a 30' wide gravel road) , to the Place of Beginning, containing 0.73 of an acre of land, subject to easements,borditions and restrictions of record, if any. 0.73 Ac. 827/703, 854/429,901/280 x a- C2 LJ S 5 V ON 4z O s` z a.• W W S 0 u O t 0 0.H 0 0 PART OF THE P.A.'HOLDER SURVEY, ABSTRACT 297 WILLIAMSON COUNTY, TX. 0, LIME 0 ',VERSO/COWL •••• 13/119 D.R 0.9' doalter & Q{$ ociatcs Regorrro'P ftAtbtwl Smut, . IJrowd Stow lend Servlror 9052/ 1205. Swot 1 f. O®oelg s 1) iS5•Szrs Re. Rd loci. Tau 75G44 'Fos lgr s715S.Fa6) , H/F Catherine Overall 269.7 Ac. 339/178 1 511•Se'E 34.7'1 889 °0255 f .66. ?7' 12-31 -99 Ref.: Cily of Round Rock Public Works Depl. � N\GNP 9 w •0 i 0 -IRON ROO ROUND FLOOD x078 'The property described bacon IS H0 T within *Special Flood Huard Alm u determined by the Federal Emergency Management Agmry; the flood hazard area being Wend. Bed on F.I.R.M. Panel No. 481046 0335 C efecdfre 9.77 - 91. ❑ Zone A 0 Zone A13 • Zone X (Areas determined 10 be outside the 500 year flood plain.) SURVEYORS CERTIFICATE The.plil aho4on hereon la a true, correct and accurate remeseotatIon of the property as deter. mlaed.by survey, 'the lines and. dimenrIom of mid Memel: being u Indiootod by the plat; the sire, loalbn and rype.p( bnildlnp a4d Improremot4 an- a ahoaro; .lL bapeoremcou bemj wlthln Ihs bouddadq 9L , rhq . property. set back Zoom the property linos the dhtaocea Indicated Then us 09 eeaoRebrnenla, coof3lcts or protrusions. ahorkeo In Asia, ',bible tidlity lion or crudes crpulne 414 Property; except u shown, hereon, aedbald property bat seven to' .04 from a•3TATL 9AIII TAIfI ►UOL10 RbAO.. / DATE: November 15, 2001 SUBJECT: City Council Meeting — November 20, 2001 ITEM: *13.C.1. Consider a resolution authorizing the Mayor to execute a Real Estate Contract with Adeline Gelstnran for right -of -way for the Highway 79 project Resource: Steve Sheets, City Attorney Julie Wolff History: This property has been identified as necessary for the Highway 79 expansion project. Cost: Settlement Amount: $425,000.00 Source of Funds: Round Rock Transportation System Development Corporation Outside Resources: The Pinnacle Group Impact: N/A Benefit: Allows for needed widening of Highway 79 Public Comment: N/A Sponsor: N/A STATE OF TEXAS § § COUNTY OF WILLIAMSON § REAL ESTATE CONTRACT THIS CONTRACT OF SALE ( "Contract ") is made by and between Adeline Geistman, of 1402 Deepwood Drive, Round Rock, Texas 78681 (referred to in this Contract as ( "Seller ") and the CITY OF ROUND ROCK, a Texas Home Rule City of 221 E. Main St. Round Rock, Williamson County, Texas (referred to in this Contract as ( "Purchaser "), upon the terms and conditions set forth in this Contract. \0001 - - \ 0us \sales co"ccactz Isis ARTICLE I PURCHASE AND SALE 1.01 By this Contract, Seller sells and agrees to convey, and Purchaser purchases and agrees to pay for, that certain parcel of land containing approximately 0.73 acres of land and all improvements located thereon situated in Williamson County, Texas, being more particularly described in Exhibit A, attached hereto and incorporated herein; 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 "), together with any improvements, fixtures, and personal property situated on and attached to the Property, for the consideration and upon and subject to the terms, provisions, and conditions set forth below. ARTICLE II PURCHASE PRICE Amount of Purchase Price 2.01. The purchase price for the Property shall be the sum of FOUR HUNDRED TWENTY FIVE THOUSAND and no /100 Dollars ($425,000.00.) 1 Payment of Purchase Price 2.02. The Purchase Price shall be paid in cash at the closing. ARTICLE III PURCHASER'S AND SELLER'S OBLIGATIONS Conditions to Purchaser's Obligations 3.01. The obligations of Purchaser hereunder to consummate the transaction contemplated hereby are subject to the consent of Seller's lender to release the Property from its lien and financing statement, and 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). Preliminary Title Commitment 3.02. Purchaser, at Purchaser's sole cost and expense, will cause Austin Title Company (the "Title Company ") of 101 E. Old Settlers Blvd., Suite 100, Round Rock, Texas 78664, to issue a preliminary title report (the "Title Commitment "). Purchaser shall give Seller written notice on or before the expiration of ten (10) days after Purchaser receives this contract following execution by Seller that the condition of title as set forth in the title binder is or is not satisfactory, and in the event Purchaser states that the condition is not satisfactory, Seller may, but shall not be obligated, to eliminate or modify all unacceptable matters to the reasonable satisfaction of Purchaser. In the event Seller is unable, or unwilling to do so within ten (10) days after receipt of written notice, this Contract shall thereupon be null and void for all purposes and the Escrow Deposit shall be forthwith returned by the Title Company to Purchaser. Purchaser's failure to give Seller this written notice shall be deemed to be Purchaser's acceptance of the Title Commitment. \0001 -- \0125 \sales co.racc2 /sls ARTICLE IV CLOSING The closing shall be held at the Title Company on or before December 31, 2002, or at such time, date, and place as Seller and Purchaser may agree upon (which date is herein referred to as the ( "closing date "). Seller's Obligations 4.01. At the closing Seller shall: 2 (a) Deliver to Purchaser a duly executed and acknowledged General Warranty Deed conveying good and indefeasible title in fee simple to all of the Property, free and clear of any and all liens, encumbrances, conditions, easements, assessments, and restrictions, except for the following: (i) General real estate taxes for the year of closing and subsequent years not yet due and payable; (ii) Any exceptions approved by Purchaser pursuant to Article III hereof; and (iii) Any exceptions approved by Purchaser in writing. (b) Deliver to Purchaser a Texas Owner's Title Policy at Purchaser's sole expense, issued by the Title Company, in Purchaser's favor in the full amount of the purchase price, insuring Purchaser's fee simple title to the Property subject only to those title exceptions listed above, 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. (c) The aforesaid General Warranty Deed will include provisions that it is being delivered in lieu of condemnation. 4.02 At the Closing, Purchaser shall pay the cash portion of the purchase price. 4.03 General real estate taxes for the then current year relating to the Property, shall be prorated as of the closing date and shall be adjusted in cash at the closing. If the closing shall occur before the tax rate is fixed 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. All special taxes or assessments to the closing date relating to the Property and then due and payable, shall be paid by Seller. Purchaser will bear the burden of paying any rollback taxes, if any, resulting from a change of use of the Property. is \000i -- \alas \sales �o�c :a�cz /sis Purchaser's Obligations Prorations 3 Closing Costs 4.04 All costs and expenses of closing in consummating the sale and purchase of the Property shall be borne and paid as follows: Owner's Title Policy paid by Purchaser; Filing fees for deed paid by Purchaser; Filing fees for release(s) paid by Seller; Title curative matters, if any, paid by Seller; Other miscellaneous closing costs to be paid by Purchaser; Attorney's fees paid by each respectively. ARTICLE V REAL ESTATE COMMISSIONS 5.01 Seller will be solely responsible for all real estate brokerage commissions due to any brokers representing the Seller. \0001-- \0125 \sales roncrac. /s1s ARTICLE VI ESCROW DEPOSIT 6.01 For the purpose of securing the performance of Purchaser under the terms and provisions of this Contract, Purchaser has delivered to the Title Company, the sum of Five Thousand Dollars ($5000.00), the Escrow Deposit, which shall be paid by the Title Company to Seller in the event Purchaser breaches this Contract as provided in Article VIII hereof. At the closing, the Escrow Deposit shall be paid over to Seller and applied to the cash portion of the purchase price, provided, however, that in the event the Purchaser shall have given written notice to the Title Company that one or more of the conditions to its obligations set forth in Article III have not been met, or, in the opinion of Purchaser, cannot be satisfied, in the manner and as provided for in Article III, then the Escrow Deposit shall be forthwith returned by the Title Company to Purchaser. ARTICLE VII BREACH BY SELLER 7.01 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, or the failure of any condition to Seller's obligations provided herein, Purchaser may, as its sole and exclusive remedy, either: (1) enforce specific performance of this Contract; or (2) request that the Escrow Deposit shall be forthwith returned by the Title Company to Purchaser. 4 I: \0001 -- \0125 \sales concract2 /sls ARTICLE VIII BREACH BY PURCHASER 8.01 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 (1) bring suit for damages against Purchaser; or (2) bring suit for specific performance. Damages recovered by Seller shall be offset by any escrow amounts paid to Seller for Purchaser's breach pursuant to the provisions of paragraph 6.01. ARTICLE IX LEASEHOLDS 9.01 Seller agrees to use her best efforts to terminate any and all leaseholds or other possessory interests in or to the Property held by any third party before the Closing Date as same is defined above and to deliver the Property and all improvements located thereon vacant. ARTICLE X MISCELLANEOUS Assignment of Contract 10.01. (a) This Contract may not be assigned without the express written consent of Seller. Regardless of the foregoing, Purchaser may assign this Contract to the Round Rock Transportation Development Corporation. Survival of Covenants (b) Any of the representations, warranties, covenants, and agreements of the parties, as well as any rights and benefits of the parties, pertaining to a period of time following the closing of the transactions contemplated hereby shall survive the closing and shall not be merged therein. Notice (c) 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. 5 (d) 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. (e) 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. (f) 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. \000l-- \olzs\sales concraccz /sls Texas Law to Apply Parties Bound Legal Construction Prior Agreements Superseded (g) 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 (h) Time is of the essence in this Contract. Gender (i) 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 (j) Upon request of either party, both parties shall promptly execute a memorandum of this Contract suitable for filing of record. 6 Effective Date (k) This Contract, with the exception of Article IX shall be effective as of the date it is approved by the City Council, which date is indicated beneath the Mayor's signature below. Article IX shall be effective immediately upon the execution of this Contract by Seller. I represent that I have read and understood each of the terms and conditions of the foregoing document and by affixing my signature hereto agree to be bound thereby. is \oo01- - \o125 \sales contract2 /313 SELLER: 1 By: IA SGy.. -.A. ADELINE GEIST Date: !L 13 — o1 PURCHASER: CITY OF ROUND ROCK, TEXAS GSI.4,6ME 1 . .�, : w t A. Stluka, Jr. / ayor 2001 By: 221 E. Main Street Round Rock, Texas 78664 Date: !f CO 7 , 2001 J.S. COALTER & ASSOCIATES STAN cOALTER REGISTERED PROFESSIONAL LAND SURVEYOR RPLS. LEIS LICENSED STATE LAND SURVEYOR 606 N. IH 85. SUITE 106 ROUND ROCK, TEXAS 78004 CARL1 SHIPMAN (612) 255 -6211 TELEPHONE OFFICE MANAGER (612) 255 -0268 FACSIMILE FIELD NOTES BEING 0.73 OF AN ACRE OF LAND OUT OF THE P. A. HOLDER SURVEY, ABSTRACT NO. 297, IN THE CITY OF ROUND ROCK, WILLIAMSON COUNTY, TEXAS, BEING APART OF LOTS No. 6 & 7 of SWENSON SUBDIVISION, A SUBDIVISION IN WIILLAMSON COUNTY, TEXAS, ACCORDING TO THE MAP OR PLAT THEREOF RECORDED IN VOLUME 13, PAGE 119, DEED RECORDS OF WILLIAMSON COUNTY, AND BEING ALL OF THAT TRACT OF LAND DESCRIBED IN DEEDS 1O ADELINE GEISZMAN RECORDED IN VOLUME 827, PAGE 703, VOLUME 854, PAGE 429 AND VOLUME 901, PAGE 280, DEED RECORDS OF WILLIAMSON COUNTY, BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS, TO WIT: BEGINNING at an iron rod found at the most easterly corner hereof at the intersection of the north line of Lots 6 & 7 of said Swenson's Subdivision with the northwesterly line of United States Highway No. 79; THENCE S 65 °- 28' 21" W a distance of 402.55 feet with the northwesterly line of said U. S. Highway 79 to an iron rod found at the southwest corner hereof, said iron rod also being the southeast corner of that certain 3.00 acre tract of land described in a deed to Aaron Thbmison recorded in Volume 2422, Page 420, Official Records of Williamson County; THENCE NORTH a distance of 173.19 feet to an iron rod set at the northwest corner hereof in the north line of Lot 6 of said Swenson's Subdivision, said iron rod also being the northeast corner of said 3.00 acre tract; THENCE S 89° 02' 55" E a distance of 366.27 feet with the north line of said Tots 6 & 7 -of Swenson's Subdivision and the north line of County Road No. 195, (a 30' wide gravel road), to the Place of Beginning, containing 0.73 of an acre of land, subject to eases nts,-oonditions and restrictions of record, if any. & ASSOCIATES, SURVEYORS Stan Coalter, RPLS, ISIS 12 -31 -99 File No. 99302 wP-8 0.73 Ac. 827/703, 854/429,901/280 PART OF THE P.A. HOLDER SURVEY, ABSTRACT 297 WILLIAMSON COUNTY, TX. CLINE S ■EMSDN 1 /1194.14 Cutter & SE(gfofiatts 'Repined T krlunaf Son )v . Lmuid St, and S..vler • 90,5 7n,. 1X-35 S.rn rot • Otter (5 , s) 45544 (1 "blind Recd. Tam 73C41 Tai (5,4) 155 .). • N/F Colherine Overall 269.7 Ac. 339/178 17 1s•se'E 311.7'1 S 89 °0 ?SSE 365. P7' 12-31-99 Ref.: City of Ropnd RoCA Public Worts Dept. 0 ROD FOUND FLOOD NOTE The property described hereon 15 110 T within • Special Flood Heard Area u determined by the Federal Emergency Management Agency; the flood baud area being Wend. fed on P.1.R.M. Panel No. 481048 0335 C effective 9.27 -91 ID Zone A 0 Zone AB • Zane X (Areal detumincd k be outside the 50? yea+ hood plain) SURVEYOR.9 CER7mC.u.TE 'he.plat sheim hereon b a true. correct. and accurate representatio of the property a deter mined.by mrrey, the Ilea and dim:belons of raid propert7. being u Indicated by the plat; the else, leaden and type .of buildlnp and Improvements en. a abown; ale hnpreremeeta Wee Nithie iha betmdades of.eba >bI baCk.from the an trope lines the d etc a indicated. Then are no eneroechnxots, conellitt or protrusion,, shorl..ee• le irea, vbibte udllry tins Or roads ranting ..id preper?y; exttpt o ahowe hcrron and property has eaese to and from e.3TA'Tt MAIM TAJMEb'PUBLIC ROAD.. • •