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CM-07-05-076Message Steve Sheets From: Jim Nuse [jnuse@round-rock.tx.us] Sent: Thursday, April 12, 2007 2:44 PM To: Steve Sheets Subject: RE: Kiphen Rd—parcel 15—Wallin offer Page 1 of 1 Sure....but how many times are we going to get more property??? ---a rhetorical question. Original Message From: Steve Sheets [mailto:slsheets@sheets-crossfield.com] Sent: Thursday, April 12, 2007 10:40 AM To: Jim Nuse Subject: FW: Kiphen Rd --parcel 15 --Wallin offer Buzz, I agree with Don that we should accept Jimmy Wallin's offer. What are your thoughts? Steve Original Message From: Don Childs Sent: Thursday, April 12, 2007 10:32 AM To: Steve Sheets Subject: Kiphen Rd --parcel 15 --Wallin offer Steve, As part of the latest redesign of Kiphen Road you will recall that the Kiphen Circle connection between existing Kiphen Rd (CR 113) and the new Kiphen Road was moved a little more to the west, toward 1460. This necessitated an additional acquisition of 0.044 acre (see attached field notes) from the Wallin Family along the north side of the existing Kiphen Road. We acquired the original parcels from the Wallins a couple of years ago. At that time we paid $1.50/foot for the property we needed. In an effort to avoid the time and expense of getting a new appraisal, and since this additional parcel was so small I wrote to the Wallins and asked them if they would accept $2.00/foot for the current acquision. I met with them yesterd of existing Kiphen a 1460 over a year total purchase pr As you know an a • : t several thousand dollars. You will also recall that our appraised value for the Camco parcel on the corner o iphen Road and 1460 is over $10/foot. Given the past appraisal and sales information from the TxDoT acquisition, as well as our own, I think this is something that we should complete. Let me know what you think. Don ey gave me a portion of a TxDoT appraisal which valued their property at the corner •.a/foot (see attached page). This is what TxDoT paid them for the acquisition of $3.50/foot from us for the property required for Kiphen Road. This equates to a •o. ey will tak e of $6685. sal would itli -07-t -01 IP 5/3/2007 Kiphen Rd.—parcel 15 REAL ESTATE CONTRACT Kiphen Road Improvement Project State of Texas County of Williamson THIS REAL ESTATE CONTRACT ("Contract") is made by and between WALLIN FAMILY INVESTMENTS, L.P., (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 ("Property"): Fee simple interest in 0.044 acre tract of land, more or less, situated in the Willis Donaho Survey, Abstract No. 173, in Williamson County, Texas; being more fully described by metes and bounds or shown in Exhibit "A", attached hereto and incorporated herein (Parcel 15). 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 SIX THOUSAND SIX HUNDRED EIGHTY FIVE and 00/100 Dollars ($6,685.00). Payment of Purchase Price 2.03. The Purchase Price shall be payable in cash at the closing. O:\ WDOx1CORRltransprt\kiphenrd\P 15 WALLINICONTRACT\00114268. DOC trn-or7- ooq( Kiphen Rd. -parcel 6 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 Texas American Title Company, ("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. 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. 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; 2 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 Title Company on or before May 15, 2007, 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 to all of the Property as shown in Exhibit "A", free and clear of any and all liens and encumbrances, except for the following: (a) General real estate taxes for the year of closing and subsequent years not yet due and payable; (b) Any exceptions approved by Purchaser pursuant to Article III hereof; and (c) Any exceptions approved by Purchaser in writing. (2) If requested, deliver to Purchaser a Texas Owner's Title Policy at Purchaser's sole expense, issued by Title Company, in Purchaser's favor in the full amount of the purchase price, insuring Purchaser's drainage easement interest 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. 3 Purchaser's Obligations at Closing 5.03. At the Closing, Purchaser shall pay the cash portion of the purchase price. Prorations 5.04. If required, 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. (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 herein. 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, 4 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. 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. 5 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. 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. Possession and Use Agreement 9.10 Seller agrees to allow Purchaser to use and possess the Property for the purpose of relocating utilities and constructing or improving a public road and related facilities, upon full execution of this contract. Purchaser agrees to execute a separate Possession and Use Agreement document suitable for recording if requested by Purchaser. Effective Date 9.11 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. [signature page follows] 6 SELLER: WALLIN FAMILY INVESTMENTS, L.P. By: Wallin Management Company, LLC By: Ji llin, Manager Date: By: Vernell Bradley, Manager Date: 4-,2. 4 -woo 7 PURCHASER: CITY OF ROUND ROCK By: ames Nuse, P.E. ity Manager 221 E. MAIN STREET ROUND ROCK, TEXAS 78664 Date: 5-4-a 001 7 1 pi -v4,. fid. PARCEL: 15 COUNTY: WILLIAMSON OWNER: CITY OF ROUND ROCK EXHIBIT PROPERTY DESCRIPTION DESCRIPTION OF A 0.044 ACRE (1,910 SQUARE FOOT), TRACT OF LAND SITUATED IN THE WILLIS DONAHO SURVEY, ABSTRACT NO. 173, IN WILLIAMSON COUNTY, TEXAS, BEING A PORTION OF THE REMAINDER OF THAT CALLED 141.591 ACRE TRACT OF LAND CONVEYED TO WALLIN FAMILY INVESTMENTS, L.P., BY INSTRUMENT RECORDED IN DOCUMENT NO. 2003057844 OF THE OFFICIAL PUBLIC RECORDS OF WILLIAMSON COUNTY, TEXAS, SAID 0.044 ACRE (1,910 SQUARE FOOT) TRACT OF LAND BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: Page 1 of 4 BEGINNING FOR REFERENCE at a found TxDOT Type I1 monument in the existing easterly right-of-way line of F.M. 1460 (right-of-way width varies), 96.47 feet left of proposed Kiphen Circle baseline station 10+46.37, being a angle point in the westerly boundary line of the remaining portion of said 141:591 acre tract; THENCE, with said existing easterly right-of-way line of F.M. 1460, same being a westerly boundary line of the remaining portion of said 141.591 acre tract, S 21°54'52" E for a distance of 33.92 feet to a calculated point in the southerly boundary line of the remaining portion of said 141.561 acre tract,. same being the existing northerly right-of-way line of Kiphen Road, also known as County Road 113 (right-of-way width varies), 71.76 feet left of proposed Kiphen Circle baseline station 10+34.31, being the southwesterly comer of the remaining portion of said 141.591 acre tract; THENCE, with the southerly boundary line of the remaining portion of said 141.591 acre tract, same being : said existing northerly right-of-way line of Kiphen Road, N 69°22'25" E for a distance of 79.22 feet to a set 1/2" iron rod with a City of Round Rock aluminum cap at the beginning of a curve to the right in the proposed northerly right-of-way line of Kiphen Circle, 25.04 feet left of .proposed Kiphen Circle baseline station 10+76.91, being the southwesterly corner and POINT OF BEGINNING of the herein described tract; THENCE, departing the existing northerly right-of-way line of Kiphen Road, through the interior of the remaining portion of said 141.591 acre tract, with the proposed northerly right-of-way line of Kiphen Circle, the following two (2) courses:: 1) Along said curve to the right, having a delta angle of 21°19'34", a radius of 115.00 feet, an arc length of 42.80 feet, and a chord which bears N 58°39'10" E for a distance of 42.56 feet to a set 1/2" iron rod with a City of Round Rock aluminum cap, 25.00 feet left of proposed Kiphen Circle baseline P.T. station 11+10.40, being the northwesterly comer of the herein described tract; PARCEL: 15 COUNTY: WILLIAMSON OWNER: CITY OF ROUND ROCK Page 2 of 4 2) N 69°16'04" E for a distance of 236.95 feet to a set 1/2" iron rod with a City of Round Rock aluminum cap at the beginning of a curve to the left in the existing northerly right-of-way line of Kiphen Road, same being the southerly boundary line of the remaining portion of said 141.591 acre tract, 25.00 feet left of proposed Kiphen Circle baseline P.O.T. station 13+47.36, being the northeasterly corner of the herein described tract; THENCE, departing the proposed northerly right-of-way line of Kiphen Circle, with the southerly boundary .line of the remaining portion of said 141.591 acre tract, same being the existing northerly right-of-way line of Kiphen Road, the following two (2) courses: 3) Along said curve to the left, having a delta angle of 21°52'03", a radius of 115.00 feet, an arc length of 43.89 feet, and a chord which bears S 58°20'03" W for a distance of 43.63 feet to a calculated point; 4) S 69°22'25" W for a distance of 235.95 feet to the POINT OF BEGINNING, containing 0.044 acres (1,910 square feet) of land, more or less. All bearings recited herein are based on the Texas State Plane Coordinate System, Central Zone No. 4203, NAD 83. This property description is accompanied by a separate plat. That I, M. Stephen Truesdale, a Registered Professional Land Surveyor, do hereby certify that the above description is true and correct to the best of my knowledge and belief and that the property described herein was determined by a survey made .on the.ground under my direction and supervision. WITNESS MY HAND AND SEAL at Round Rock, Williamson County, Texas. M. Ste en Tr3esdaleikt/ttAl Registered Professional Land Surveyor No. 4933 Licensed State Land Surveyor Inland Geodetics, L.P. 1504 Chisholm Trail Road Suite 103 Round Rock, TX 78681 512-238-1200 KIPHEN ROAD — PARCEL 15 29,' Z3 07 Date \o \ -i 6%d• \ `)41 °ti° \ s \ CIL Ir sibJ\ C cri • APPROXIMATE ORIGINAL SURVEY UNE \_ - , — a J -(3 C;"4,3 h� 243N( __J5" 0.12: as z1-1 0 ri)O 0S L.4 d H w �VWgI� a��QU• 3 O <OO O POT 1347.36 nJ Ag VI" 00 0 in CO r r, to F g 0 4 7'. % v_ z3i- CC 2a:< u0 wino Wz)0 N ttpp M U # O <00 } 0 0 Q O V 0 z 3 DC Wdpa. 1.- 000 11+10. 0 M'O'a 03SOd08d i(HiOMI1 MOI .OS) -"0` 3102! y N3HdIN 03S0dO21d ANYU 03SOdoad 04. qct s'+o; zW-4Z CsoXLu 2 X W H Z •Zoo Ir O LC < J 0 k w o w L w Z 0 k m » R x �t220�< kW / / �zu_i,�\k® 5/�8� / z w « �z 22zmz,z z LuDoo 00 w2Z,, ErR R MCEMM za- zWo�11Q§000 ����/- �§kk110x000‹ 0\LA.000 GƒC«.W- b-1-- < . M <• �Qa-� Law' LaKK7�� �w2wK§,Ten0 »-ouQaaaa0 0 a 6 § 0 5 6 / a z j q � 1 ■ c4 10 K 0 � a § -1,1 k § in 0 mew o 4c'& p§§ § 0 0 vjr- a 6 a \ o< k) ha lcz rI ah /03 \� Wce � FW §§ §k )§ §� a) // §k 035 ¢rc _a @ 1 x 0 w (f)A/2 »cr zoo hon, 0 < E -3 • 1 W 0 a ▪ a z - a n W 0 O tc w F- m z za m to Og a w F. D 0 a a 1 jOCS�3� ow W a. F - Z Z Z W Y Z O} }. 2F-OOa.W� °C./Owl- F•- F- �z��atncrZ Fzzcezoz z 0000 o azo �o� O oZmZMizZd zer5�JUp8tn8 JVCI Z ���-��re6 UaOOQ-5_z06,iOO¢ W 0o�1_,L„...a_iUn s<WWaaoQ i11��WWsnaa<Cr<L' U�m 4NNVNZZIF(SjO�aao°OP1- 1L1 ®®•• 0 acJpa day ad3 6 0 U a 0 0 3 0 z r4 Do to 0 5 cI m ri cry p U 0) w h I0 N y d 0 0) r N 0 to N m z 5 a 0 F 0 0 ti a PAGE 4 OF 4 = X H ti O cn <: t[) O zov w w � 00_00_ ZQ E- Y (n 0 < E m CITY MANAGER BLUE SHEET DATE: 4/30/07 SUBJECT: City Manager Approval/Approval date 5/4/07 ITEM: Consider a resolution authorizing the mayor to enter into contracts for the purchase of right of way for completion of the Kiphen Road improvement project. Department: Legal Staff Person: Don Childs justification: Improvement to mobility in central Round Rock Funding: Cost: $6,685.00 Source of funds: Background Information: The proposed contract is for purchase of a 0.444 acre fee simple tract owned by Wallin Family Investments, L.P. in connection with the Kiphen Road expansion project. Updated 3-10-05