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CM-05-02-031(m -o5 -aa -Of Request for C quptJ/city. tvjAvvger Action Please submit this form when placing items on the council agenda or when submitting an item to the City Manager for approval. Department: Legal Contact PersRECD JAW Tilet/L2n5pvinson Project Name: Red Bud Lane ContractorNendor Name: Michael Fullerton Project Manager/Resource: Steve Sheets/Don Childs Council Meeting Date: Funding Source: Assigned Attorney: NA RR Transportation Corp. (4b) Don Childs Amount: $4,200.00 (contract, agreement,amendment,change order, purchase order,etc.) a - i 4 0 5 Rete-+'rl fir) La_u-rc, (ler a -L) cc L\)hrl Is Funding Required? Yes Council Agenda Item Yes Submission to City Manager - Yes X X No No No X X (see required signatures below before submission to the City Manager) Agenda Wording: 0 0 0 Initial Construction Contract Construction Contract Amendment # Change Order Change in Quantity nUnforeseen Circumstances ❑ Initial Professional Services Agreement ❑ Supplemental Professional Svcs. Agr. # ❑ Purchasing/Service Agreement ❑ Purchase Order Item(s) to be purchased: Amount X❑ Other (Please dearly identify action on lines below) Execution of Real Estate Contract for Michael & Debbie Fullerton Parcel No. 15 on Red Bud Lane expansion For Submission to Ci Man:: er OM Project Mgr. Signature: jfir ' . , oft Dept. Director Signature: City Attorney Signature: * __Al r City Manager Signature: \� Date: I -4' . c ) Date: Date: %— / -QS Date: 0 -11 -OS eg Approval is required for all items requesting City Manager's approval. Finance Approval El Finance -Date and Signature: ❑ Purchasing -Date and Signature: L. Olsen 01-05-05 DATE: BLUE SHEET -City Manager Action January 3, 2005 SUBJECT: City Manager action—January 7, 2005 ITEM: Authorization for the City Manager to execute a Real Estate Contract for the purchase of .037 acre tract of land from Michael & Debbie Fullerton's property (Parcel No.15) on the Red Bud Lane expansion. Department: Legal Staff Person: Don Childs/Laura Levinson Justification: To allow City Manager to execute a real estate contract for the purchase of 0.037 acre tract of land from the Fullerton property (Parcel No. 15). For the expansion of Red Bud Lane. The appraised value for this parcel was $2,200.00. Funding: Cost: $4,200.00 Source of funds: Transportation System Development Corp. (4b) Outside Resources: Sheets & Crossfield, P.C. Public Comment: N/A Blue Sheet Format Updated 01/20/04 Red Bud Lane -Parcel 15 REAL ESTATE CONTRACT Red Bud Lane State of Texas County of Williamson THIS REAL ESTATE CONTRACT ("Contract") is made by and between MIKE R. FULLERTON AND DEBBIE FULLERTON, (referred to in this Contract as "Seller", whether one or more) and the CITY OF ROUND ROCK, TEXAS (referred to in this Contract as "Purchaser"), upon the terms and conditions set forth in this Contract. ARTICLE I PURCHASE AND SALE By this Contract, Seller sells and agrees to convey, and Purchaser purchases and agrees to pay for, the tract(s) of land described as follows: 0.037 acre (1,625 square foot) tract of land situated in the John H. Randall Survey, Abstract No. 531, in Williamson County, Texas, being more fully described by metes and bounds in Exhibit "A", attached hereto and incorporated herein (Parcel 15); 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"). This purchase also includes any improvements and fixtures situated on and attached to the Property which are not removed by Seller, 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 THOUSAND TWO HUNDRED and 00/100 Dollars ($4,200.00). Payment of Purchase Price 2.03. The Purchase Price shall be payable in cash at the closing. PPFDesktop\::ODMA/WORLDOX/O:/WDOX/CORK/TRANSPRT/REDeDD-1/PAR15F-1)CONTRACT/00098999.WPD/sls Red Bud Lane -Parcel 15 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.) Preliminary Title Commitment 3.02. Purchaser, at Purchaser's sole cost and expense, has caused the Austin Title Company, Round Rock office ("Title Company") to issue a preliminary title report (the "Title Commitment") accompanied by copies of all recorded documents relating to easements, rights-of-way, etc., affecting the Property. In the event that title to the property is not satisfactory to Purchaser, after notice of such unsatisfactory condition Seller shall provide Purchaser with any assistance reasonably requested as necessary to eliminate or modify such matters. In the event Seller is unable to do so prior to the closing date or by other date as agreed to between the parties, Purchaser may terminate this Contract and it shall thereupon be null and void for all purposes and the Escrow Deposit shall be forthwith returned by the title company to Purchaser, as provided in Article VI. Survey 3.03. Purchaser, at Purchaser's expense, has caused to be delivered a current plat of survey of the Property, prepared by a duly licensed Texas land surveyor. The survey shall be staked on the ground, and the plat shall show the location of all improvements, highways, streets, roads, railroads, rivers, creeks, or other water courses, fences, easements, and rights-of-way on or adjacent to the Property, if any, and shall set forth the number of total acres comprising the Property, together with a metes and bounds description thereof. If any portion of the survey is unacceptable to Purchaser, then Purchaser shall give Seller notice of this fact. Seller shall provide Purchaser with any assistance reasonably requested as necessary to eliminate or modify such matters. In the event Seller is unable to do so prior to the closing date or by other date as agreed to between the parties, Purchaser may terminate this Contract and the Contract shall thereupon be null and void for all purposes and the Escrow Deposit shall be returned by the title company to Purchaser, as provided in Article VI. 2 Red Bud Lane -Parcel 15 Miscellaneous Conditions 3.04. Seller shall have performed, observed, and complied with all of the covenants, agreements, and conditions required by this Contract to be performed, observed, and complied with by Seller prior to or as of the closing. ARTICLE IV REPRESENTATIONS AND WARRANTIES OF SELLER 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: (1) There are no parties in possession of any portion of the Property as lessees, tenants at sufferance, or trespassers, other than as previously disclosed; (2) Seller has complied with all applicable laws, ordinances, regulations, statutes, rules and restrictions relating to the Property, or any part thereof; The Property herein is being conveyed to Purchaser under threat of condemnation. ARTICLE V CLOSING Closing Date 5.01. The closing shall be held at the office of Austin Title, Round Rock office, on or before January 15, 2005, 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 (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 marketable 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: (a) General real estate taxes for the year of closing and subsequent years not yet due and payable; 3 Red Bud Lane -Parcel 15 (b) Any exceptions approved by Purchaser pursuant to Article III hereof; and (c) Any exceptions approved by Purchaser in writing. (2) Deliver to Purchaser a Texas Owner's Title Policy at Purchaser's sole expense, issued by Austin Title, 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 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;" and (c) The exception as to the lien for taxes shall be limited to the year of closing and shall be endorsed "Not Yet Due and Payable." (3) Deliver to Purchaser possession of the Property if not previously done. Purchaser's Obligations at Closing 5.03. At the Closing, Purchaser shall pay the cash portion of the purchase price. Prorations 5.04. General real estate taxes for the then current year relating to the Property shall be prorated as of the closing date and 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 shall be paid by Seller. Agricultural roll -back taxes, if any, 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) Deed, tax certificates, and title curative matters, if any, paid by Purchaser. 4 Red Bud Lane -Parcel 15 (3) All other closing costs shall be paid by Purchaser. (4) Attorney's fees paid by each respectively. ARTICLE VI ESCROW DEPOSIT For the purpose of securing the performance of Purchaser under the terms and provisions of this Contract, Purchaser has delivered to Title Company the sum of Five Hundred Dollars ($500.00), the Escrow Deposit, which shall be paid by the title company to Seller in the event Purchaser breaches this Contract as provided in Article IX 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 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 shall be forthwith returned by the title company to Purchaser. ARTICLE VIII 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 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. 5 Red Bud Lane—Parcel 15 ARTICLE IX MISCELLANEOUS Notice 9.01. 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 9.02. 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 9.03. 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. Legal Construction 9.04. 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 9.05. 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 9.06. Time is of the essence in this Contract. Gender 9.07. 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. 6 Red Bud Lane -Parcel 15 Memorandum of Contract 9.08. Upon request of either party, both parties shall promptly execute a memorandum of this Contract suitable for filing of record. Compliance 9.09 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 9.10 This Contract shall be effective as of the date it is approved by the City of Round Rock, which date is indicated beneath the City's signature below. Possession and Use Agreement 9.11 By signing this Contract, Seller agrees to allow Purchaser to use and possess the Property for the purpose of constructing and/or improving a public road and related facilities, upon full execution of this contract. SELLER: 21101,- t F iba- z Mike R. Fullerton Date: •04 Address: 386 6414,o gait,-ka cPzuntok. 64w-121 44- IS y ••A ►.-, Address: 3g6I '-u4-1,141 g '5-' Debbie Fullerton CALLin d.64.t.R.,44-18444 Date: t a . Ai 0 7 Red Bud Lane -Parcel 15 PURCHASER: CITY OF ROUND ROCK B ames Nuse, P.E. ity Manager 221 E. MAIN STREET ROUND ROCK, TEXAS 78664 Date: 'R - ([ - 05 8 North 1.250 Acre Tract M & D Fullerton Subdivision 0.037 Acre Tract Page 1 of 3 EXHIBIT A DESCRIPTION FOR A 0.037 ACRE (1,625 SQUARE FOOT) TRACT OF LAND SITUATED IN THE JOHN H. RANDALL SURVEY, ABSTRACT NO. 531, WILLIAMSON COUNTY, TEXAS, BEING THE NORTH CALLED 1.250 ACRE TRACT OF LAND, BEING A PORTION OF TRACT NO. 4, M & D FULLERTON SUBDIVISION AND RECORDED IN CABINET G, SLIDE 245 OF THE PLAT RECORDS OF SAID COUNTY, SAID 0.037 ACRE TRACT AS SHOWN ON THE ACCOMPANYING SKETCH IS MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING FOR REFERENCE at a `'A" iron rod found for the northeast corner of Lot 4, Tri -View Estates, a subdivision recorded in Cabinet B, Slides 14 — 15 of the Plat Records of said county, same being the northwest comer of Lot 5, of said Tri -View Estates, same being on the south right of way line of Doris Lane (50 foot right of way width); THENCE with the south right-of-way line of said Doris Lane, N 85° 56' 29" W for a distance of 455.81 feet to a V2" iron rod set with Baker-Aicklen cap for the northeast comer and POINT OF BEGINNING hereof; THENCE through the interior of said north 1.250 acre tract, the following two (2) courses and distances: 1) S 49° 11' 31" W for a distance of 21.26 feet to a' /z" iron rod set with Baker-Aiciden cap for an angle point hereof, and 2) S 04° 19' 32" W for a distance of 201.79 feet to a ''/z" iron rod set with Baker-Aicklen cap on the south line of said north 1.250 acre tract, same being the north line of the south called 1.250 acre tract, being a portion of Tract No. 4, of said M & D Fullerton Subdivision, for the southeast corner hereof; North 1.250 Acre Tract M & D Fullerton Subdivision 0.037 Acre Tract Page 2 of 3 THENCE with the south line of said north 1.250 acre tract, same being the north line of said south L250 acre tract, N 86° 00' 51" W for a distance of 5.70 feet to a'' W' iron rod found on the intersection of the south line of said north 1.250 acre tract and the east line of a called 25 foot wide road widening easement per said M & D Fullerton Subdivision, for the southwest comer hereof, from which a 'A" iron rod found bears, N 86° 00' 51" W for a distance of 0.17 feet; THENCE with the east line of said 25 foot wide road widening easement, N 03° 39' 09" E for a distance of 216.80 feet to the north line of said north 1.250 acre tract, same being the south right- of-way line of said Doris Lane, for the northwest corner hereof, from which a '/2" iron rod found bears, S 05° 46' 37" E for a distance of 5.29 feet; THENCE with north line of said north 1.250 acre tract, same being the south right-of-way line of said Doris Lane, S 85° 56' 29" E for a distance of 23.25 feet to the POINT OF BEGINNING and containing 0.037 acre of land. Basis of bearings is the County Road 122 Project between U. S. Highway No. 79 and Forest Creek Drive, performed by Baker-Aicklen, April, 2000. Surveyed under the direct supervision of the undersigned during February, 2003: Margaret A. Nolen Registered Professional Land Surveyor No. 5589 BAKER-AICKLEN & ASSOCIATES, INC. 203 E. Main Street, Suite 201 Round Rock, Texas 78664 (512) 244-9620 ARGARET A. NOLEN Job No.: 0601-2-058-51 Filename: W:\PROJECTS\CORR\CR 122-REDBUD \ROWWEI\PARCEL 1 5.DOC SKETCH TO ACCOMPANY DESCRIPTION SCALE: 1" = 40' WILLLAMSON COUNTY, TEXAS SEE DETAIL Na 1 DORIS LANE (50' R. 0.1r. WIDTH CAB. A SL. 14 - 15 I~ I wy2h ti N It• . U2 • I O •;[ L O Io ^ DETAIL N0. 1 3 V U N p a I �a� 3 A 1: I;) INal e •• a rJC1O Ih E.):, 1 o in 4 on PARCEL 15 BASIS OF BEARINGS IS THE COUNTY ROAD 122 PROJECT BETWEEN U. S. HIGHWAY NO. 79 AND FOREST CREEK DRIVE, PERFORMED BY BAKER-AICKLEN, APRIL. 2000. N 85•36'29'' W 455.81' REMAINDER OF LOT 4 TRI -VIEW ESTATES CAB. 8. SL. 14 - 15 POINT OF BEGINNING NORTH CALLED 1.250 ACRE TRACT BEING A PORTION OF TRACT NO. 4 M 9 D. FULLERTON SUBDIVISION CAB. 0, SL. 245 • • I o :•: 0.037 ACRE x (1,625 SQ. FT.) I 1 SEE DETAIL NO. 2- J BEGINNING FOR REFERENCE LOT 5 TRI -VIEW ESTATES CAB. B. SL. 14 - 15 DETAIL NO. 2 ..... •: 4.4 L2• NOT TO I SCALE NUMBER BEARING DISTANCE LI S 49011'3/' W 21.26' L2 N 86'00'51" W 5.70' (N 89'40' W) L3 S 65°56'29' E 23.25' (S 89'40' E) L4 N 86°00'51 W 0.17' L5 S 05.46'37' E 5.29' JOHN 1-1. . A1\E:ALL SURVEY, AFS r1 -2A 1'1 a. 53 1 SOUTH CALLED 1.250 ACRE TRACT m BEING A PORTION OF TRACT NO. 4 In M a D. FULLERTON SUBDIVISION •'1 CAB. G. SL. 245 O DATE: FEBRUARY, 2003 JOB NO.: 0601-2-058-51 BY: TJR PAGE 3 OF .3 W:\PROJECTS\CORR\CRI22-REO BUD\ROW\SKETCH\PARCEL I5.0WG (3 OF 51 F•Drvory 23. 2004 - 8:48am LEGEND • I/2" IRON ROD FOUND O 1/2" IRON ROD FOUND WITH cAP (AS NOTED) • PIPE FOUND (SIZE NOTED) A MAG NAIL FOUND O 1/2' IRON ROD SET WITH BAKER-AICKLEN CAP • CALCULATED POINT ( ) RECORD INFORMATION PER CAB. G. SL. 245 ] RECORD INFORMATION PER CAB. 8, SL. 14 - 15 BAKER-AICKLEN ABEICICIATE9, INC. ENGINEERS/SURVEYORS