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CM-12-01-017Item Caption: Cfr1_I2_O(-ORECEIVED JAN 252012 City Manager Approval Form Consider executing an Amendment of Deed Restriction Approval Date: January 18, 2012 Department Name: Utilities and Environmental Services Department Project Manager: Michael Thane - Utility and Environmental Services Director Assigned Attorney: Steve Sheets Item Summary: On August 15, 2001, Dell Computer Holdings, L.P. (Dell) conveyed to the City of Round Rock the property where a City elevated storage tank (EST), referred to as South 81 EST, has been constructed. The deed contained specific reservations, restrictions, and exceptions in regards to logos that can be placed on the EST. Dell and the City wish to amend the specific reservation, restriction, and exception of the deed in regards to the logos. The amendment states that the City shall have the right to have painted on the EST, that is located on the property, the name of the City or any official logo, symbol, or lettering adopted by the City. The City shall not have the right to have a logo, mascot, or other symbol, commercial advertisement or any other wording, lettering, picture, or symbol of any kind temporarily or permanently for any entity other than the City. No. of Originals Submitted: 2 Project Name: Cost: Source of Funds: Amendment of Deed Restriction N/A Select Source Fund Source of Funds (if applicable): Select Source Fund Account Number: Finance Director Approval: S. Carter for Cheryl Delaney Date: 01/25/2012 Department Director Approval: Michael Thane Date: 1/23/2012 **Electronic signature by the Director is acceptable. Please only submit ONE approval form per item. ** CIP ❑ Budget N/A OK a❑ N/A OK Purchasing ❑a Accounting N/A OK N/A OK ITEMS WILL NOT BE PLACED ON THE COUNCIL OR CM AGENDA W/OUT PRIOR FINANCE AND/OR LEGAL APPROVAL REV. 6/20/11 • 0 111111111111111111111111111111111111111111111111111111111111 REST 2 PGS AMENDMENT OF DEED RESTRICTION 2012025539 WHEREAS, on August 15, 2001, Dell Computer Holdings, L.P., ("Dell") a Texas limited partnership entered into a Special Warranty Deed ("Deed"), conveying to the City of Round Rock, Texas ("City") certain property described in Exhibit "A", ("Property") said Deed being recorded as document number 2001062869 in the Official Public Records of Williamson County, Texas; and WHEREAS, said Deed contained two specific reservations, restrictions and exceptions; and WHEREAS, Dell and the City now wish to amend the specific reservation, restriction and exception numbered as paragraph 2. on page 2 of the Deed, NOW THEREFORE Dell, for good and valuable consideration, receipt of which is acknowledged, hereby agrees to amend the specific reservation, restriction and exception numbered as paragraph 2 on page 2 of the Deed to read as follows: 2. The use of the Property by Grantee, its successors, and assigns is limited to the installation, use and operation of a water storage/distribution system and related improvements including the construction of an elevated storage tank Grantee shall have the right to have painted on any elevated storage tank located in whole or in part on the Property the name of Grantee and any official logo, symbol, or lettering adopted by Grantee. Grantee shall not have the right to have painted thereon any logo, mascot, or other symbol, commercial advertisement or any other wording, lettering, picture or symbol of any kind temporarily or permanently for any entity or person other than Grantee, without the prior written consent of Grantor or its successors, given or denied in its sole discretion, such consent to be evidenced by an instrument of record in the Official Public records of Williamson County, Texas. Executed this PAay of 00201490.DOC CIA- tZ--cI- 011- , 2012 . 201X• GRANTOR: DELL COMPUTER HOLDING, L.P., a Texas limited partnership By: Dell Gen. P. Corp., its general partner By: (kit Printed Name: Title: AGREED AND ACCEPTED: GRANTEE: CITY UND RO TEXAS STATE OF TEXAS COUNTY OF WILLIAMSON Steve Norwood, City Manager This instrument was acknowledged before me on this the /4 day of the month of Alava, , 2014, by 0,77 Mil , of Dell Gen. P. Corp, General Partner of Dell Computer Holdings, L.P., a Texas limited partnership, on behalf of said partnership for the purposes and consideration therein expressed. STATE OF TEXAS COUNTY OF WILLIAMSON This instrument was acknowledged before me on this theday of the month of , 2012.3 by Steve Norwood, City Manager of the City of Round Rock, a Texas home ruld municipality, on behalf of said City for the purposes and consideration therein expressed. After Recording Return To: Stephan L. Sheets Sheets & Crossfield 309 E. Main St. Round Rock, Texas 78664 2 6r414/L, f�. Notary Public, State of Texas ARA L Wit MY COMMISSION EXPIRES Jrp11,2012