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R-03-04-10-12E1 - 4/10/2003SUMMARY OF FACTS J -17 FORTUNE, LP CONDEMNATION Project: SH45 Project. Property Owner of Record: J -17 Fortune, LP Location of Property Louis Henna across from CR 170 Property Interest Sought: Fee Simple/Slope Easements Property To be Acquired: 4.27 Acres (Fee) (Partial Taking out of 9.946 acres) 0.60 Acres (2 slope easements) Remainder: 5.676 acres Appraised Value (City): (Gardner) $1,230,200.00 (Pilkington) $1,368,049.00 Appraised Value (Owner): (Lots 1 &4- Hornsby) $1,284,660.00 (Lots 2&3-Bolton) $1,149,000.00 Total $2,433,660.00 *Lots 2 &3 improved with a 17,917 sq.ft. building. $703,815.00 (Bolton's value of blg.) $861,000.00 (Gardner's value) Gardner placed a value of $70 sgft on the building but had the building sized at 12,300 sq.ft. $540,570.00 Pilkington's value of Lots 2 &3 w /improvements. He valued the building at $95,330.00. Special Commissioners' Award $1,717,800.00 Commissioner's Hearing Date: June 12, 2001 Date of Taking: April 1, 2001. Fixed in Possession and Use Agreement. Was the effective date of all of the appraisals performed. Award amount paid on: June 13, 2001 1. $1,116,006.00 was paid on before the hearing, pursuant to Possession and use agreement. 2. $601,794.00 (the difference) was paid on June 13, 2001 to Mike Barron. 0,dcw.CORIt\trvupri x41,1I7Wherdc,000a6208.NPD.cjm Proposed Additional Amount to Settle: $340,389.00 (Based on telephone conferences after objections to award were filed.) Other Salient Facts 1. Landowner is represented by Barron, Adler and Anderson in this case. 2. The proposed settlement amount represents a favorable outcome should this matter be tried before a jury and would result in a savings of litigation expenses. As a result of mediation conducted on March 27, 2003, the City of Round Rock (Round Rock) and 117 Fortune, L.P. (J17), Margaret L. Mueller (Margaret), Randolph G. Mueller (Randy), and Peggy Jean Mueller (Peggy), agree to resolve all issues in dispute between them in the litigation now pending as cause number 00-498 - C277 in the 277th Judicial District Court of Williamson County, Texas, on the following terms and conditions: 1. Round Rock agrees to pay 117 the total sum of $1,885,000.00 in complete satisfaction of any and all claims which have been made or which could have been made in this litigation or as a result of the condemnation of the subject property. This amount includes the amount awarded at the commissioners hearing in this case which has already been paid. The difference between $1,885,000.00 and the amount already paid will be paid in the form of a check or checks made payable jointly to 117 and Barron, Adler & Anderson, and delivered to the office of Barron, Adler & Anderson within ten days of the date on which this agreement is finally approved by the City Council of ,./ C the City of Round Rock. d et.4J m 4 2. Upon receipt of the funds described in paragraph one above, the litigation will be dismis . An agreed will be prepared by the attorney for Round Rock and delivered to the attorney for approval as to form, which approval will not be unreasonably withheld. . approved, t he weed) L �el<. sw.� sr-der will be presented to the court for approval, signature, and frlin rv{eM3 Once the funds have been paid and the agre edubxh si nd filed, each party will execute a complete mutual release of any and all claims which have been made or wh could have ben made in this litigation or as a result of the condemnation of the subject property.'[( rt: tstSfe. �y ,c 4It 4 cr ref 4. All participants in the mediation acknowledge that this entire agreement is subject to the approval of the City Council of the City of Round Rock. It is anticipated that the City Council will formally vote on this settlement at their next regularly scheduled meeting after all appropriate notices have been given i accordance with law. Signed this 27th day of March, 2001 Jim Nus- Authorized epresentative C d Rock _ Stew eets, Attorney for City of Round Rock MEMORANDUM OF UNDERSTANDING Randolph G. , ue ler Authorized Representative, 117 Fortune, L.P. r t L. Mueller , c Randolph G. ! eller Peggy Jean Mueller Michael M. Barron, Attorney for J17 Fortune, L.P., Randolph G. Mueller, Margaret L. Mueller and Peggy Jean Mueller LINE TABLE E BEARING DISTANCE L1 N00'07 "E 160.67' L2 N25'40'43 - E 168.63' L3 N6910'15 "E 120.32' L4 S58'30'39 "E 129.77' L5 520'35'59 "E 142.84' L6 N60'48'57 "W 1.95' LEGEND • CONCRETE MONUMENT SET • 1/2 IRON ROD FOUND UNLESS NOTED I.R.F. IRON ROD FOUND P.0.8. POINT OF BEGINNING O.R.W.C.TX. OFFICIAL RECORDS WILLIAMSON COUNTY, TEXAS P.R.W.C.TX. PLAT RECORDS WILLIAMSON COUNTY, TEXAS D.R.W.C.TX. DEED RECORDS WILLIAMSON COUNTY, TEXAS CL I in Ce w w I- w CC CC a U as ° F o a. w M) NU W N to tn F'^ ‘. w - M �0 o7a 1 o = a < Ln a ^ , ' 56 I �% � : W m Io w Li 4 — VI� 5 U` O r w z � +, PROPOSED 2 ! 0 N o .- O O: W 0 1'1 DRAINAGE 0 . 1- 1- W O- C l EASEMENT O oa a J 0 la i a W Z U p0 • a � 9 a �° r U Z Q 0 w PROPOSED 1 / oo !< U O iryl SLOPE �\ EASEMENT CD n 1. CC 1- 9° LOT 1 Lo CALLED 187 ACRES DOYLE NICKERSON AND WIFE, EVELYN HICKERSON VOL. 526. PG. 50 D.R. W. C. TX. NOT TO SCALE NOT TO SCALE NOTE: SEE METES ANO BOUNDS DESCRIPTION FOR REARING BASIS. B& 11 rn q \ AR QO14 1 <^ LOT 2 C AOPE D 4 \ EASEMENT 0 0.— 62 A 0 B0 10111319 B ppe N � e sl 1F0 DETAIL 0 NOT TO SCALE MARCH, 2000 ASA THOMAS SURVEY, ABSTRACT NO. 809 WILLIAMSON COUNTY. TEXAS 200 100 0 GRAPHIC SCALE SCALE: 1" = 200' LOT 3 CALLED 4.953 ACRES OuPONT SUBDIVISION CABINET 0, SLIDE 102 P.R.W.C.TX. t] 49 - - 3\6 82 200 9T- °L • LOT 4 I DETAIL B AREA OF APPARENT LA BOUNDARY CONFLICT 143. DETAIL NOT TO SCALE Page 3 of 3 MR Nw 0 Al0 N p1•! -40 0014 01- 19 -115o SIMMS MO, 0111. Q 4400004 1011 M10N010, M11M a» OYWINO M11 )Yb00 s..r. 1 -.100 SAIV SKETCH TO ACCOMPANY FIELD NOTE No. 1728 RESOLUTION NO. R- 03- 04- 10 -12E1 WHEREAS, the City Council, upon consideration of the matter, has determined that there exists a public necessity for the welfare of the City of Round Rock ( "City ") and the public -at -large to construct and maintain State Highway 45 and County Road 170 (A.W. Grimes Blvd.), and to perform associated public purposes ( "Project "), and WHEREAS, the City has a need to acquire approximately 4.27 acres of land in Williamson County, Texas, in fee simple, as well as slope and drainage easements to enable the City to complete the Project, and WHEREAS, a suit to condemn this property is currently pending in th 277th District Court in and for Williamson County, Texas under cause number 00- 498 -C277 and styled the City of Round Rock, Texas v. J17 Fortune, L.P., Sunstate Equipment Company, and Morrison Excavation, and WHEREAS, since the institution of this action the Defendants in the case have expressed a willingness to settle the condemnation proceedings for the amount of $ ) ) c)00. 0 0 , Now Therefore BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS, That the proposed settlement amount of $ 11,0 d 00 ,OD O is a fair and equitable amount for the settlement of the condemnation case filed under cause number 00- 498 -C277 and styled the City of Round Rock, Texas v. J17 Fortune, L.P., Sunstate Equipment Company, and Morrison Excavation, and \ welox \RESOUJTI \E3a41GE1.wro /dc A EST: BE IT FURTHER RESOLVED That the Mayor and /or the city attorney shall be authorized to execute, on behalf of the City of Round Rock the necessary documents to effectuate the settlement of this condemnation case for this amount. 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 10th day of April, 2003. CHRISTINE R. MARTINEZ, City Secr =nary 2 1,4 110°,1 % LL, Mayor City of Round Rock, Texas DATE: April 4, 2003 SUBJECT: City Council Meeting — April 10, 2003 ITEM: 12.E.1. Consider a resolution authorizing the settlement of the condemnation lawsuit styled City of Round Rock, Texas vs. J17 Fortune, L.P., Sunstate Equipment company, and Morrison Excavation. Resource: Steve Sheets, City Attorney Tom Word History: The Council previously authorized the condemnation of the needed right -of -way for SH 45 and A.W. Grimes Boulevard. The proposed settlement terms will be discussed in Executive Session. If approved, the settlement will result in a final agreement judgement, and will close this matter. Funding: Cost: To be determined Source of funds: Round Rock Transportation System Development Corporation Outside Resources: N/A Impact/Benefit: Construction of SH 45 and A.W. Grimes Boulevard Public Comment: N/A Sponsor: N/A