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R-97-05-08-16C - 5/8/1997WHEREAS, the Oak Bluff Homeowners Assoc., Inc. and Michael Shofner filed a lawsuit against the City of Round Rock, First Gibraltar Bank, Mike Beneat and Joe Beneat seeking damages and ownership to a certain 16.604 acre tract of land, and WHEREAS, the aforesaid parties have determined that they wish to avoid the expense and uncertainty of continued and further litigation by resolving and settling amongst themselves all issues, claims, and complaints asserted against each other, 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 Compromise and Settlement Agreement and Release of All Claims, a copy of said agreement being attached hereto as an Exhibit. RESOLVED this 8th day of May, 1997. ATTEST: E LAND, City Secretary x \NPDOCS \RBsOLUTI RS7aso8C.WPO /o1n RESOLUTION NO. R- 97- 05- 08 -16C CHARLES CULPEPPER, Mayor City of Round Rock, Texas COMPROMISE AND SETTLEMENT AGREEMENT AND RELEASE OF ALL CLAIMS This Compromise and Settlement Agreement and Release of All Claims (the "Agreement ") is made by and between OAK BLUFF HOMEOWNERS ASSOCIATION, INC. a/k/a Oak Bluff Estates, Phase 2 Community Improvement Association, its agents, successors, representatives, assigns, and predecessors -in- interest (referred to herein as "Oak Bluff') and MICHAEL SHOFNER, his heirs, agents, successors, representatives and assigns (referred to herein as "Shofner "), on the one hand, and the CITY OF ROUND ROCK, its agents successors, representatives, and assigns (referred to herein as "Round Rock "), SPIRO'S STABLE, INC., its agents, successors, representatives, and assigns (referred to herein as "Spiro's Stable "), and First Gibraltar Bank, F.S.B., now known as First Nationwide Bank, a federal savings bank, its employees, officers, directors, agents, representatives, assigns, and successors -in- interest (including the Federal Deposit Insurance Corporation, in its capacity as manager of the FSLIC Resolution Fund, Receiver for Killeen Savings and Loan Association, and in all other capacities) (collectively referred to herein as "Gibraltar "), on the other hand. RECITALS: WHEREAS, prior to the filing of the Lawsuit, Plaintiff Shofner had purchased real property in that particular subdivision located in Williamson County, commonly known as Oak Bluff Estates Phase 2; and WHEREAS, at the time the Lawsuit was filed, Plaintiff Oak Bluff was a homeowners association made up of various property owners in the Oak Bluff Estates Phase 2 subdivision; and COMPROMISE SETTLEMENT AORPEMENT AND RELEASE OP ALL CLAIMS PACE WHEREAS, in 1990, Gibraltar was the owner of a certain 16.604 acre tract of land in Williamson County, Texas, more specifically described as an unnumbered lot within Block D of the Oak Bluff Estates Phase 2 subdivision, and more commonly referred to in the Lawsuit as the "Property "; and WHEREAS, it was alleged in the Lawsuit that the Property at one time was subject to certain covenants, conditions and restrictions, including the Amended and Restated Declaration of Covenants, Conditions and Restrictions (the "Restrictions ") recorded in Volume 1684, Page 450 in the Real Property Records of Williamson County, Texas; and WHEREAS, Gibraltar (as the "Declarant" under the Restrictions) undertook to amend the Restrictions in 1990 so as to exclude the Property from the strictures of the Restrictions, by filing certain amendment documents in the Real Property Records of Williamson County, Texas; and WHEREAS, Gibraltar subsequently conveyed the Property to Round Rock, which subsequently conveyed the Property to Spiro's Stable, Inc., the current owner and possessor of the Property; and WHEREAS, Oak Bluff and Shofner (sometimes collectively referred to hereafter as "Plaintiffs ") came to believe that the conveyance of the Property by Gibraltar, and subsequent conveyance of the Property by Round Rock to Spiro's Stable, was improper and in violation of the Restrictions, which Plaintiffs believed required Gibraltar to convey the Property to one or more of the Plaintiffs; and WHEREAS, Gibraltar has asserted that its amendment of the Restrictions to remove the Property from the strictures of the Restrictions was authorized by the Restrictions, COMPROMISE SETTLEMENT AGREEMENT AND RELEASE OP ALL CLAIMS - PAGE 2 and was properly completed by Gibraltar prior to its conveyance of the Property to Round Rock; and WHEREAS, as a result of this dispute, Oak Bluff /Shofner filed suit against Round Rock, Spiro's Stable, and Gibraltar in the 368th Judicial District Court of Williamson County, Texas, Cause No. 94 - 295 - C368, styled "Oak Bluff Homeowners Association, Inc. and Michael Shofner v. City of Round Rock, First Gibraltar Bank, Mike Beneat, Joe Beneat, and Spiro's Stable, Inc." (the "Lawsuit "), seeking damages and other relief, including an order from the court awarding to Plaintiffs ownership of and/or usage rights to the Property; and WHEREAS, the Defendants filed various counterclaims against Plaintiffs in the Lawsuit seeking damages and other relief; and WHEREAS, the parties hereto have determined they wish to avoid the expense and uncertainty of continued and further litigation by resolving and settling amongst themselves all issues, claims, and complaints asserted or which could have been asserted against each other in the Lawsuit. NOW, THEREFORE, in consideration of the above recitals, the mutual promises and agreements contained herein, and other valuable consideration, the receipt, adequacy and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 1. Plaintiffs hereby release and discharge Round Rock, Spiro's Stables, Inc., and Gibraltar (sometimes collectively referred to herein as "Defendants ") from and against any and all claims, causes of action, and demands of whatsoever kind or nature, in law or in equity, tort or contract, whether known or unknown (including, without limitation, any and all claims which could be or have been asserted pursuant to any state or federal statutes relative to COMPROMISE SETTLEMENT AGREEMENT AND RELEASE OF ALL CLAIMS - PAGE 3 restrictive covenants, deed restrictions, or similar documents, or relative to governmental sale and /or posting of property, and any claims for breach of contract, imposition of constructive trust, implied easements, breach of covenant, violation of any deceptive trade practice or consumer protection statutes or laws, misrepresentation, or fraud) which have been, could have been, or in the future might be asserted by Plaintiffs against Defendants which arise out of, are based upon, or are in any way related t� the Lawsuit and/or facts and allegations asserted by the parties therein. Notwithstanding the foregoing, the parties are not released from their obligations arising under this Agreement or from any Judgment or other document or agreement executed in connection with this settlement. Specifically, the Judgment entered in the Lawsuit, the form of which is attached hereto as Exhibit C, adjudicating among other things Spiro's Stable's rights, title and interest in and to the Property, shall not be in any way negated, lessened, or invalidated by this Agreement. 2. Defendants hereby release and discharge Plaintiffs from and against any and all claims, causes of action, and demands of whatsoever kind or nature, in law or in equity, tort or contract, whether known or unknown (including, without limitation, any and all claims which could be or have been asserted pursuant to any state or federal statutes relative to restrictive covenants, deed restrictions, or similar documents, or relative to governmental sale and /or posting of property, and any claims for breach of contract, imposition of constructive trust, implied easements, breach of covenant, violation of any deceptive trade practice or consumer protection statutes or laws, misrepresentation, or fraud) which have been, could have been, or in the future might be asserted by Defendants against Plaintiffs which arise out of, are based upon, or are in any way related to the Lawsuit and /or facts and allegations asserted by the COMPROMISE SErn3.Mi21T AGREEMENT AND RELEASE OP ALL CLAIMS - PAGE 4 parties therein. Notwithstanding the foregoing, the parties are not released from their obligations arising under this Agreement or from any Judgment or other document or agreement executed in connection with this settlement. Specifically, the Judgment entered in the Lawsuit, the form of which is attached hereto as Exhibit C, adjudicating among other things Spiro's Stable's rights, title and interest in and to the Property, shall not be in any way negated, lessened, or invalidated by this Agreement. 3. The parties also agree to, simultaneously with the execution of this Agreement, execute and cause to be filed immediately Motions to Dismiss with Prejudice, in the forms attached hereto as Exhibit A, dismissing with prejudice all claims asserted by Plaintiffs against Defendants in the Lawsuit, and vice versa, accompanied by Orders of Dismissal With Prejudice in the forms attached hereto as Exhibit B. 4. Plaintiffs also agree to, simultaneously with the execution of this Agreement, execute and cause to be filed for the judge's signature a Judgment in the form attached hereto as Exhibit C, which serves to adjudicate Spiro's Stable's right to and ownership of the Property, and the Plaintiffs' lack thereof. Plaintiffs also agree not to oppose or contest any effort by Spiro's Stable to have this Judgment severed, if Spiro's Stable deems it necessary or desirable, so that the Judgment can be finalized. 5. It is understood and agreed that this Agreement shall be binding upon and inure to the benefit of all parties and their respective representatives, successors, and assigns. 6. It is understood and agreed that this Agreement contains the entire agreement between the parties and supersedes any and all prior agreements, arrangements, or understandings between the parties relating to the subject matter hereof. No oral understandings, COMPROMISE SETTLEMENT AGREEMENT AND RELEASE OP ALL CLAIMS - PAGE 5 statements, promises, or inducements contrary to the terms of this Agreement exist. Any modification or change to this Agreement must be in writing. 7. It is understood and agreed that this is a compromise and settlement of disputed claims, and that nothing contained herein shall be construed as an admission of liability by or on behalf of any party, all such liability being expressly denied. 8. It is agreed that if any portion of this Agreement shall be found invalid by a court of competent jurisdiction, the remaining portions of the Agreement shall remain in full force and effect. - 9. It is understood and agreed that this Agreement shall be governed by, construed and enforced in accordance with, and subject to, the laws of the State of Texas. 10. It is understood and agreed that each of the parties hereto shall be responsible for their own costs, expenses, and attorneys' fees incurred in connection with this matter. 11. Each of the parties hereto has been represented by independent counsel who have reviewed and approved this Agreement as to form and content, and each party is relying upon such party's own counsel to evaluate this Agreement and to advise such party as to its effect and consequences. IN ENTERING INTO THIS AGREEMENT, NO PARTY TO THIS AGREEMENT IS RELYING UPON ANY REPRESENTATION, STATEMENT, WARRANTY, OR PREDICTION OF ANY OTHER PARTY TO THIS AGREEMENT, OR OF COUNSEL REPRESENTING ANY SUCH OTHER PARTY, EXCEPT AS EXPRESSLY STATED IN THIS AGREEMENT OR ANY WRITTEN INSTRUMENT EXECUTED PURSUANT TO THIS AGREEMENT. COMPROMISE SETTLEMENT AGREEMENT AND RELEASE OP ALL CLAIMS - PAGE 6 12.. Each signatory hereto hereby represents and warrants that he or she has authority to sign this Agreement in the capacity stated, and to bind such person or entity on whose behalf he or she is signing this Agreement. 13. Notwithstanding anything to the contrary herein, the parties are not releasing and do not intend to release hereby any rights they might have with respect to the enforcement of this Agreement, or the documents or other agreements executed in connection with this Agreement. 14. In consideration of the above promises, the parties hereto represent and warrant that they either (a) own the rights, interests, claims, and causes of action ascribed to them in this Agreement and that no part of such rights, interests, claims, and causes of action has been assigned or transferred to any other person or entity, or (b) have full authority from the owner, assignee, or transferee of such rights, interests, claims, and /or causes of action to execute this Agreement and settle the above - referenced lawsuit (Cause No. 94- 295 -C268) on their behalf. IN WITNESS WHEREOF, the parties have executed this Agreement to be effective on the 31st day of December, 1996. COMPROMISE SECr'LEMENT AGREEMENT AND RELEASE OP ALL CLAIMS - PACE 7 OAK BLUFF HOMEOWNERS ASSOCIATION, INC. a/k/a Oak Bluff Estates, Phase 2 Community Improvement Association By: Its: COMPROMISE SETTLEMENT AGREEMENT AND RELEASE OF ALL CLAIMS - PAGE 8 MICHAEL SHOFNER SPIRO'S STABLE, INC. Printed Name: Its: CITY OF ROUND ROCK 4 46 4 Printed Name: C;f g4etzs L Cl.! POPERd Its: /nApe, FIRST NATIONWIDE BANK, a Federal Savings Bank By: Its: STATE OF TEXAS COUNTY OF BEFORE ME, the undersigned, a Notary Public in and for said County and State, on this day personally appeared of OAK BLUFF HOMEOWNERS ASSOCIATION, INC., known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he/she executed the same for the purposes and consideration therein expressed. 1997. STATE OF TEXAS COUNTY OF 1997. § § GIVEN under my hand and seal of office this _ day of COMPROMISE SETTLEMENT AGREEMENT AND RELEASE OF ALL CLAIMS - PAOE 9 Notary Public, State of Texas BEFORE ME, the undersigned, a Notary Public in and for said County and State, on this day personally appeared MICHAEL SHOFNER, known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed the same for the purposes and consideration therein expressed. GIVEN under my hand and seal of office this _ day of Notary Public, State of Texas STATE OF TEXAS COUNTY OF § BEFORE ME, the undersigned, a Notary Public in and for said County and State, on this day personally appeared Joe Beneat, President of SPIRO'S STABLE, INC., known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed the same for the purposes and consideration therein expressed. GIVEN under my hand and seal of office this day of 1997. STATE OF TEXAS § COUNTY OF LUILL /AfnSOt § BEFORE ME, the undersigned, a Notary Public in and for said County and State, on this day personally appeared C N,4J? ES CULPEFPE,Q, f A y02 of CITY OF ROUND ROCK, known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he/she executed the same for the purposes and consideration therein expressed. th GIVEN under my hand and seal of office this 6, day of lYbq y 1997. COMPROMISE SETTLEMENT AGREEMENT AND RELEASE OF ALL CLkIMS- PAGE 10 Notary Public, State of Texas Notary Public, State of Texas STATE OF TEXAS COUNTY OF § BEFORE ME, the undersigned, a Notary Public in and for said County and State, on this day personally appeared , of FIRST NATIONWIDE BANK, a Federal Savings Bank, known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he/she executed the same for the purposes and consideration therein expressed. 1997. x:1DOCS4VT7Sm020%50337.1 GIVEN under my hand and seal of office this _ day of COMPROMISE SETTLEMENT AGREEMENT AND RPLEASE OF ALL CLAIMS - PAGE II Notary Public, State of Texas OAK BLUFF HOMEOWNERS § ASSOC., INC. AND MICHAEL § SHOFNER § § VS. § CITY OF ROUND ROCK, FIRST § NATIONWIDE BANK, f /k/a § FIRST GIBRALTAR BANK, MICHAEL § BENEAT, JOSEPH BENEAT, § AND SPIRO'S STABLE, INC. § MOTION TO DISMISS WITH PREJUDICE TO THE HONORABLE JUDGE OF THE COURT: OAK BLUFF HOMEOWNERS ASSOCIATION, INC. and MICHAEL SHOFNER ( "Plaintiffs ") file this Motion for Dismissal With Prejudice of their claims against Defendants CITY OF ROUND ROCK ( "Round Rock "), SPIRO'S STABLE, INC. ( "Spiro's Stable ") and FIRST NATIONWIDE BANK, F /K/A FIRST GIBRALTAR BANK ( "Gibraltar ") in this cause, and in support thereof would show the Court as follows: The disputes between Plaintiffs, Round Rock, Spiro's Stable, and Gibraltar that are the subject of this cause have been compromised and settled. WHEREFORE, Plaintiffs request this Court to sign an order dismissing with prejudice Plaintiffs' claims against Round Rock, Spiro's Stable, and Gibraltar, with all costs related to such claims taxed to the parties incurring same. MOTION TO DISMISS WITH PREJUDICE- PAGE I NO. 94- 295 -C368 IN THE 368TH JUDICIAL DISTRICT COURT WILLIAMSON COUNTY, TEXAS EXHIBIT 1 MOTION TO DISMISS Wrni PREfUDICE- PAOE 2 Respectfully submitted, WALSH, AKINS & DAVIS, P.C. By: Betsy Lambeth State Bar No. Mike Davis State Bar No. 2300 South III-35, Suite 100 P.O. Box 249 Round Rock, Texas 78680 512/244 -0001 - Telephone 512/244 -0833 - Fax ATTORNEYS FOR OAK BLUFF HOMEOWNERS ASSOCIATION, INC. AND MICHAEL SHOFNER CERTIFICATE OF SERVICE I hereby certify that a true and correct copy of the foregoing instrument has been served on the following counsel of record by facsimile and/or by certified mail, return receipt requested on this day of , 1997: H:\DOCS4 \T7557102015034I.1 Ms. Janice C. McKennon Attorney at Law 206 E. Main Round Rock, Texas 78664 James H. Cheatham IV LAW, SNAKARD & GAMBILL 500 Throckmorton, Suite 3200 Fort Worth, TX 76102 Eric J. Taube Mitchell D. Savrick HOHMANN, WERNER & TAUBE, L.L.P. 100 Congress Avenue, Suite 1600 Austin, TX 78701 MOTION TO DISMISS WITH PREJUDICE- PAGE 3 OAK BLUFF HOMEOWNERS ASSOC., INC. AND MICHAEL SHOFNER VS. CITY OF ROUND ROCK, FIRST NATIONWIDE BANK, f /k/a FIRST GIBRALTAR BANK, MICHAEL BENEAT, JOSEPH BENEAT, AND SPIRO'S STABLE, INC. MOTION TO DISMISS WITH PREJUDICE- PAOB I NO. 94- 295 -C368 § § § IN THE 368TH JUDICIAL DISTRICT COURT WILLIAMSON COUNTY, TEXAS MOTION TO DISMISS WITH PREJUDICE TO THE HONORABLE JUDGE OF THE COURT: CITY OF ROUND ROCK, SPIRO'S STABLE, INC., and FIRST NATIONWIDE BANK, F /K/A FIRST GIBRALTAR BANK ( "Defendants ") file this Motion for Dismissal With Prejudice of their claims against Plaintiffs OAK BLUFF HOMEOWNERS ASSOCIATION, INC. ( "Oak Bluff') and MICHAEL SHOFNER ( "Shofner ") in this cause, and in support thereof would show the Court as follows: The disputes between Defendants, Oak Bluff, and Shofner that are the subject of this cause have been compromised and settled. WHEREFORE, Defendants request this Court to sign an order dismis with prejudice Defendants' claims against Oak Bluff and Shofner (subject to the Agreed Judgment entered by the court in this case pursuant to the parties' settlement), with all costs related to such claims taxed to the parties incurring same. MOTION TO DISMISS WITH PREIUDICE. PAGE 2 Respectfully submitted, LAW, SNAKARD & GAMBILL By: James H. Cheatham IV State Bar No. 04165050 500 Throckmorton, Suite 3200 Fort Worth, Texas 76102 817/335 -7373 (Telephone) 817/332 -7473 (Telecopier) ATTORNEYS FOR DEFENDANTS C1TY OF ROUND ROCK AND SPIRO'S STABLE, INC. HOHMANN, WERNER & TAUBE, L.L.P. By: Eric J. Taube State Bar No. 19679350 Mitchell D. Savrick State Bar No. 17692200 100 Congress Avenue, Suite 1600 Austin, TX 78701 512/472 -5997 - Telephone 512/472 -5248 - Fax ATTORNEYS FOR FIRST NATIONWIDE BANK F /K/A FIRST GIBRALTAR BANK CERTIFICATE OF SERVICE I hereby certify that a true and correct copy of the foregoing instrument has been served on the following counsel of record by facsimile by certified mail, return receipt requested on this _ day of , 1997: H:IDOCS4 \T7557102o\50367.1 Betsy Lambeth and Mike Davis WALSH, AKINS & DAVIS, P.C. 2300 South IH -35, Suite 100 P.O. Box 249 Round Rock, Texas 78680 Mr. Eric Taube HOHMANN, WERNER & TAUBE, L.L.P. 100 Congress Avenue, Suite 1600 Austin, TX 78701 -4042 Ms. Janice C. McKennon Attorney at Law 206 E. Main Round Rock, Texas 78664 MOTION TO DISMISS WITH PREJUDICE- PAOB 3 JAMES H. CHEATHAM IV NO. 94- 295 -C368 OAK BLUFF HOMEOWNERS § IN THE 368TH ASSOC., INC. AND MICHAEL § SHOFNER § VS. § JUDICIAL DISTRICT COURT § CITY OF ROUND ROCK, FIRST § NATIONWIDE BANK, f/k/a § FIRST GIBRALTAR BANK, MICHAEL § BENEAT, JOSEPH BENEAT, § AND SPIRO'S STABLE, INC. § WILLIAMSON COUNTY, TEXAS ORDER GRANTING MOTION TO DISMISS WITH PREJUDICE On this day the Court considered the Motion to Dismiss with Prejudice filed by Defendants CITY OF ROUND ROCK ( "Round Rock "), SPIRO'S STABLE, INC. ( "Spiro's Stable "), and FIRST NATIONWIDE BANK, F /K/A FIRST GIBRALTAR BANK ( "Gibraltar ") with respect to any and all claims asserted by Round Rock and Spiro's Stable in this cause against Plaintiffs OAK BLUFF HOMEOWNERS ASSOCIATION, INC. ( "Oak Bluff") and MICHAEL SHOFNER ( "Shofner "). By their motion, Round Rock, Spiro's Stable, and Gibraltar have advised the court that their claims against Oak Bluff and Shofner have been fully compromised and settled and requests that the court dismiss with prejudice all claims and causes of action which Round Rock, Spiro's Stable, and Gibraltar have or may have against Oak Bluff and Shofner in this cause, which are not resolved by the Agreed Judgment submitted by the Parties and entered in this cause. The Court finds that Round Rock's, Spiro's Stable's, and Gibraltar's motion is well taken and should be GRANTED. IT IS, THEREFORE, ORDERED, ADJUDGED, AND DECREED, that the claims asserted by Round Rock, Spiro's Stable, and Gibraltar against Oak Bluff and Shofner in ORDER GRANTING MOTION TO DISMISS WITH PREJUDICE- PAGE I EXHIBIT S 1 the above - entitled and numbered cause, which are not resolved be and hereby are dismissed in all respects with prejudice, subject to the Agreed Judgment submitted by the Parties and entered in this cause. All costs of court are taxed against the party incurring same. All relief not expressly granted herein is denied. SIGNED this _ day of , 1997. APPROVED AND ENTRY REQUESTED: James H. Cheatham IV ATTORNEY FOR DEFENDANTS ROUND ROCK AND SPIRO'S STABLE, INC. Mitchell Savrick Eric Taube ATTORNEYS FOR DEFENDANT FIRST NATIONWIDE BANK H:\DOCS4 \T7557102050370.1 ORDER GRANTING MOTION TO DISMISS WITH PRffiUDICE - PAGE 2 JUDGE PRESIDING OAK BLUFF HOMEOWNERS ASSOC., INC. AND MICHAEL SHOFNER VS. CITY OF ROUND ROCK, FIRST NATIONWIDE BANK, f/k/a FIRST GIBRALTAR BANK, MICHAEL BENEAT, JOSEPH BENEAT, AND SPIRO'S STABLE, INC. GRANTED. ORDER GRANTING MOTION TO DLSMISS WITH PREJUDICE- PAGE I NO. 94- 295 -C368 § § § § § § IN THE 368TH JUDICIAL DISTRICT COURT WILLIAMSON COUNTY, TEXAS ORDER GRANTING MOTION TO DISMISS WITH PREJUDICE On this day the Court considered the Motion to Dismiss with Prejudice filed by Plaintiffs OAK BLUFF HOMEOWNERS ASSOCIATION, INC. ( "Oak Bluff') and MICHAEL SHOFNER ( "Shofner ") with respect to any and all claims asserted by Oak Bluff and Shofner in this cause against Defendants CITY OF ROUND ROCK ( "Round Rock "), SPIRO'S STABLE, INC. ( "Spiro's Stable "), and FIRST NATIONWIDE BANK, F/K/A FIRST GIBRALTAR BANK ( "Gibraltar "). By their motion, Oak Bluff and Shofner have advised the court that their claims against Round Rock, Spiro's Stable, and Gibraltar have been fully compromised and settled and requests that the court dismiss with prejudice all claims and causes of action which Oak Bluff and Shofner have or may have against Round Rock, Spiro's Stable, and Gibraltar in this cause. The Court finds that Oak Bluff's and Shofner's motion is well taken and should be IT IS, THEREFORE, ORDERED, ADJUDGED, AND DECREED, that the claims asserted by Oak Bluff and Shofner against Round Rock, Spiro's Stable, and Gibraltar in the above - entitled and numbered cause be and hereby are dismissed in all respects witjt prejudice. All costs of court are taxed against the party incurring same. All relief not expressly granted herein is denied. SIGNED this _ day of , 1997. APPROVED AND ENTRY REOUESTED: Betsy Lambeth ATTORNEY FOR PLAINTIFF H:\DOC34 \T75571020■50369.1 ORDER GRANTING MOTION TO DISMISS WITH PREJUDICE- PAGE 2 JUDGE PRESIDING AGREED JUDGMENT - PAGE 1 NO. 94- 295 -C368 OAK BLUFF HOMEOWNERS § ASSOC., INC. AND MICHAEL § SHOFNER § VS. § CITY OF ROUND ROCK, FIRST § NATIONWIDE BANK, f /k/a § FIRST GIBRALTAR BANK, MICHAEL § BENEAT, JOSEPH BENEAT, § AND SPIRO'S STABLE, INC. § IN THE 368TH JUDICIAL DISTRICT COURT WILLIAMSON COUNTY, TEXAS AGREED JUDGMENT On this day, OAK BLUFF HOMEOWNERS ASSOCIATION, INC., MICHAEL SHOFNER, CITY OF ROUND ROCK, and SPIRO'S STABLE, INC. (the "Parties ") presented this Agreed Judgment. The Parties have entered into this Agreed Judgment in compromise and settlement of claims pending between the Parties. The Parties' agreement to the entry of this Judgment is demonstrated by their signatures affixed below. IT IS, THEREFORE, ORDERED, ADJUDGED, AND DECREED that Defendant Spiro's Stable, Inc. is the rightful owner of fee simple title to that certain 16.604 acre tract of real property (the "Property") situated in the Robert McNutt Survey, Abstract No. 422, Williamson County, Texas, being an unnumbered lot within Block D of Oak Bluff Estates, Phase 2, a subdivision whose plat is recorded in Cabinet F, Slides 253 through 259 of the Plat Records of Williamson County, Texas, said 16.604 acre tract being the southeastern most portion of said Oak Bluff Estates at the south end of Twin Ridge Parkway, a variable width right -of -way (R.O.W.) dedicated by said plat, and being more particularly described by metes EXHIBIT and bounds in the deed attached hereto as Exhibit A and incorporated herein for all purposes by reference, free and clear from any claims of right to, ownership of, or usage rights of Plaintiffs. Defendants are allowed such other writs and processes as may be necessary in the enforcement and collection of this judgment. All relief not expressly granted herein is denied. SIGNED this day of , 1997. AGREED AS TO FORM AND SUBSTANCE: Betsy Lambeth State Bar No. WALSH, AKINS & DAVIS, P.C. 2300 South 111-35, Suite 100 P.O. Box 249 Round Rock, Texas 78680 512/244 -0001 - Telephone 512/244 -0833 - Fax ATTORNEYS FOR OAK BLUFF • HOMEOWNERS ASSOCIATION, INC. AND MICHAEL SHOFNER HADocs4\n5571o2o\50372.1 AGREED rwanmxr - PAGE 2 JUDGE PRESIDING James H. Cheatham IV State Bar No. 04165050 LAW, SNAKARD & GAMBILL 500 Throckmorton, Suite 3200 Fort Worth, TX 76102 817/335 -7373 - Phone 817/332 -7473 - Fax ATTORNEY FOR DEFENDANTS CITY OF ROUND ROCK AND SPIRO'S STABLE, INC. DATE: May 6, 1997 SUBJECT: City Council Meeting - May 8, 1997 ITEM: 16.C. Consider a resolution authorizing the Mayor to execute a • compromise and settlement agreement and release of all claims regarding Cause No. 94- 295 -C368 Oak Bluff Homeowners Association, Inc. and Michael Shofner vs. City of Round Rock, First Gibraltar Bank, Mike Beneat and Joe Beneat. SENT BY: XEROX Telecopier 7017; 7 -19 -96 ; 3 :16PM ; 8173327473-1 512 218 7097:# 2 NO. 94- 295 -C368 OAK BLUFF HOMEOWNERS { ASSOC., INC. AND MICHAEL § SHOFNER § I vs. 4 5 CITY OF ROUND ROCK, FIRST § NATIONWIDE BANK, f/k/a § FIRST OIBRALTAR BANK, MICHAEL § BENEAT, JOSEPH BENEAT, 6 AND SPIRO'S STABLE, INC. 0 STATE OF TEXAS $ COUNTY OF WILLIAMSON ApMOAVrr OF RBrlB$BNTATIVB OP TUB OW 0? BOUND kO C - MOB 1 IN THE 368TH AFFIDAVIT OF REPRESENTATIVE OF TEE CITY OF ROUND ROCK JUDICIAL DISTRICT COURT WILLIAMSON COUNTY, TEXAS BEFORE ME, the undersigned notary public, on this day personally appeared Joanne Land, who, after being duly sworn, upon his/her oath states the following: 1. "My name is Joanne Land. I am over the age of eighteen (18), have never been convicted of a felony or crime involving moral turpitude, and alit fully competent to make this Affidavit. I am the Assistant City Manager /City Secretary for the City of Round Rock, Texas. I have personal knowledge of the facts stated herein, and they are all true and correct. 2. "In or before June 1991, the City of Round Rock approved a Lease/Purchase bid proposal submitted by Michael and Joe Beneat regarding the country club property made the subject of this suit. The contract authorized the Beneats to assign their rights under the contract to an assignee of their choice, so long as the assignee was approved by the City of Round Rock. Michael and Joe Beneat advised City representatives that their assignee was to be their corporation, Spiro's Stable, Inc.,`and such assignment was approved by the City, as evidenced by the written warranty SENT BY XEROX Telecopier 7017; 7 -19 -96 ; 3 :16PM ; 81733274734 512 218 7097# 3 amoan17327102014036s.1 deed from the City of Round Rock to Spiro's Stable, Inc., by which the City conveyed the subject property to Spiro's Stable, Inc. 3. 'In connection with the bid process, in which Joe and Michael Beneat's was the successful bid, the City strictly followed the advertisement, notice, and hearing requirements imposed by statute. No Plaintiff in this lawsuit submitted a bid for the Property, although several residents of Oak Bluff Estates, Phase 2 Subdivisions were present at one or more public hearings with respect to such sale. "Further, Affiant saith not." � `I t SUBSCRIBED AND SWORN TO BEFORE ME the undersigned notary on the ` day of July, 1996. AFFIDAVIT OP RaPRENINTATNB OP Ma CRY OF ROUND ROCK - PAO! 2 CITY OF ROUND ROCK, TEXAS By: oanne Land Assistant City Manager /City Secretary 01))/, L- 1Yl.QJ h-. ftAtO Notary Public, State of Texas