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CM-05-04-075Request for City Council/City Manager Action ❑❑ City Council City Manager Submit completed form for all City Manager and City Council approvals. Department Name: Contact Person: Project Manager/Resource: Project Coordinator: Assigned Attorney: Planning Department Vickie Moreno/Kathy Miller Mona Ryan Mona Ryan Charlie Crossfield Council or City Manager Agenda Date: Submission to City Manager/4-22-05 Blue Sheet Wording For Administration Use ONLY r Tag# eitrf'o ..oL,.-01I7 Documents I Received: t4 _ 2,1 - p 5 Retum to: Retum date: CC: Lynn Olsen Project Name: Release of Lien -3263 Elizabeth Anne Lane ContractorNendor: N/A Funding Source: Amount: N/A $0.00 Consider a Release of Lien on Lot Twenty (20), Block "E", BRADFORD PARK. Phase Two, a subdivision in Williamson County, Texas according to the map or plat thereof recorded in Cabinet 0, Slide 293, Plat Records of Williamson County, Texas. (3263 Elizabeth Anne Lane) Finance Information Is Funding Required? j Yes i3 No Initial Construction Contract Construction Contract Amendment Change Order Change in Quantity Unforeseen Circumstances Initial Professional Services Agreement Supplemental Professional Svcs. Agr. # Purchasing/Service Agreement Purchase Order Item(s) to be purchased: Amount Other (Please clearly identify action on lines below) Finance Approval El Finance L. Olsen n/a X❑ Finance ❑ Purchasing Budget E. Wilson Date Date Date Date 4/20/2005 For Submission to Ci Project Mgr. Signature: Dept. Director Signature: City Attorney Signature*: City Manager Signature: Man a ' r On! Date ate 4 -aa -LS- Date: 7I-4 1 3 Date: " ZZ -OS Leg • val is required for all items requesting City Manager's approval. Updated 3-9-05 DATE: April 13, 2005 SUBJECT: City Council Meeting, April 28,2005 ITEM: Consider release of lien on Lot Twenty (20), Block "E", BRADFORD PARK SECTION TWO, PHASE TWO, a subdivision in Williamson County, Texas, according to the map or plat thereof recorded in Cabinet 0, Slide 293, Plat Records of Williamson County, Texas, (3263 Elizabeth Anne Lane) Staff Person: Mona Ryan Justification: Land America Commonwealth Title Company has requested a release of lien on property being sold. Land America Commonwealth Title Company will be escrowing $3,750.00, which is a 75% repayment on a $5,000.00 loan. Funding: Cost: Source of funds: Outside Resources: 0.00 Background Information: This lien was filed on March 19, 2002 and expires March 19, 2007. Public Comment: Not Required. Date: A -p ri 1. cg, , 2005 Note: RELEASE OF LIEN Date: March 15, 2002 Original Amount: $5,000.00 Maker: JIMMY RODRIGUEZ and MELISSA RODRIGUEZ Payee: CITY OF ROUND ROCK, TEXAS, a Texas home rule municipality Date of Maturity: as therein provided Holder of Note and Lien: CITY OF ROUND ROCK, TEXAS, a Texas home rule municipality Holder's Mailing Address (including county): Attn: Downpayment Assistance Program Manager City of Round Rock, Texas 221 East Main Round Rock, Texas 78664 Williamson County, Texas Note and Lien are Described in the Following Documents, Recorded in: Deed of Trust (Downpayment Assistance Program) executed by JIMMY RODRIGUEZ and MELISSA RODRIGUEZ, to Charles D. Crossfield, Trustee, dated March 15, 2002, recorded as Document No. 2002021523, Official Public Records, Williamson County, Texas, securing CITY OF ROUND ROCK, TEXAS, a Texas home rule municipality, in the payment of one certain note for the principal sum of $ 5,000.00, due and payable and bearing interest as therein provided; and all the terms, conditions and stipulations contained therein, including, but not limited to, any additional indebtedness, if any, secured by said instrument. Property (including any improvements) Subject to Lien: Lot Twenty (20), Block "E", BRADFORD PARK SECTION TWO, PHASE TWO, a subdivision in Williamson County, Texas, according to the map or plat thereof recorded in Cabinet 0, Slide 293, Plat Records, Williamson County, Texas. Holder of the note and lien acknowledges its payment and releases the property from the lien a nd from all 1 iens held b y Holder o f t he n ote a nd 1 ien w ithout r egard t o h ow t hey were created or evidenced. C:\Documents and Settings \mlopez\Local Settings\Temporary Internet Files\OLKE\3263 Elizabeth Anne Lane Release of Lien for a Deed of Trust (00085148).DOC ,iM-Q5 0L_ bis Holder of the note and lien expressly releases all present and future rights to establish or enforce the lien as security for the payment of any future or other advances. When the context requires, singular nouns and pronouns include the plural. CITY OF ROUND ROCK, TEXAS, A Texas home rule municipality By: S R. NUSE, City Manager ACKNOWLEDGMENT STATE OF—(eXGLS COUNTY OF IN (( (1`GLrn sO This instrument was acknowledged before me on this theca day of April , 2005, by JAMES R. NUSE, City Manager, CITY OF ROUND ROCK, TEXAS, a Texas home rule municipality, on behalf of said municipality. SHERRI MONROE Notary Public, State of Texas My Commission Expires MAY 7, 2007 PREPARED IN THE OFFICE OF: AFTER RECORDING RETURN TO: Notary Public, State of 7.5CQS Printed Name: 3he..4---Vi %7) p n YO My Commission Expires: X77 07 Sheets & Crossfield, P.C. Attorneys at Law 309 E. Main St. Round Rock, Texas 78664 Attn: Downpayment Assistance Program Manager Planning & Community Development City of Round Rock 301 W. Bagdad, Suite 140 Round Rock, Texas 78664