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CM-10-04-099Date: Note: w(LorcQd Qcp- RELEASE OF LIEN Date: October 31, 2005 Original Amount: $5,000.00 Maker: Katrina A. Sommerfeld, a single person 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: Community Development Assistant 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 Katrina A. Sommerfeld, a single person, to Charles D. Crossfield, Trustee, dated October 31, 2005, recorded as Document No. 2005088001, 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 Five (5), Block "N", MEADOW LAKE, SECTION ONE -A REVISED, an Addition in Williamson County, Texas, according to the map or plat thereof recorded in Cabinet G, Slide 372, Plat Records, Williamson County, Texas. Holder of the note and lien acknowledges its payment and releases the property from the lien and from all liens held by Holder of the note and lien without regard to how they were created or evidenced. OAwdoxtSCClnts1017911003\REALESTATEt00190422.DOC G1�1-10-o4- 0`1q 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 STA ES R. NUSE, City Manager ACKNOWLEDGMENT STATE OF Taw- COUNTY OF WIll&tMfv This instrument was acknowledged before me on this the day of 1 2010, by JAMES R. NUSE, City Manager, CITY OF ROUND ROCK, TEXAS, a Texas home rule municipality, on behalf of said municipality. PREPARED IN THE OFFICE OF: AFTER RECORDING RETURN TO: StWitA. R-eatt Notary Public, State of t( Xtlic Printed Name: l* L 14 My Commission Expires: '31,115 111'2.()IZ Sheets & Crossfield, P.C. Attorneys at Law 309 E. Main St. Round Rock, Texas 78664 Attn: Community Development Coordinator City of Round Rock 221 East Main Street Round Rock, Texas 78664 2. ROUND ROCK, TEXAS PURPOSE. PASSION. PROSPERITY Item Caption: City Manager Approval Summary Sheet Down Payment Assistance Lien Release for Katrina Sommerfeld Approval Date: April 30, 2010 Department: CDBG/Finance Project Manager: Liz Alvarado Item Summary: Consider executing release of lien files under Downpayment Assistance Program (DPA) for Katrina Sommerfeld. Ms. Sommerfeld received a $5,000.00 grant under the Down Payment Assistance Program back in 2005 to purchase a home on 3319 Settlement in Round Rock. The program requires that a lien be placed on the property for five years. Because Ms. Sommerfeld has requested that the lien be released before the 5 year anniversary she will be subject to a $1,250.00 payoff fee. Strategic Plan Relevance: N/A Cost: $75.00 Source of Funds: Homeowner REV. 3/8/10 10.19.09 Request for City Council/City Manager Action OM City Council MI City Manager Submit completed form for all City Manager and City Council approvals. Department Name: cDaG/Finance Contact Person: Cheryl Delaney / Misty Gray Project Mgr/Resource: Liz Alvarado Project Coordinator: Liz Alvarado Assigned Attorney: Jason Rammel City Council or City Manager Approval Date: Agenda Wording Project Name: ContractorNendor: Funding Source: Additional funding Source: Amount: Account Number: 4/30/2010 ForminidafiolQe ONLY APR 28 2010 Received: Tag#: ,to - oil - Original Documents Received: 1 Down Payment Assistance Program (HOAP) Consider executing Release of Lien filed under the Down Payment Assistance Program for Katrina Sommerfeld for the property located at 3319 Settlement Drive, Round Rock, Texas 78664. Finance Information Is Funding Required? Initial Construction Contract Construction Contract Amendment Change Order Change in Quantity Initial Professional Services Agreement Supplemental Professional Service Agreement Purchasing/Service Agreement Purchase Order Item(s) to be purchased Yes Unforeseen Circumstances No Other (Please clearly identify action below) $75.00 legal fee paid by homeowner Amount Required for Submission of ALL City Council and City Manager Items Project Mgr. Signature: Dept. Director Signature: *City Attorney Signature: City Manager Signature: Date: Date: Date: 4-30--/0 Date: 41' 30 --/D *City Attorney signature is required for all items. REVISED 4/28/2010 LEGAL DEPARTMENT APPROVAL FOR CITY COUNCIL/CITY MANAGER ACTION Required for Submission of ALL City Council and City Manager Items Department Name: CD8G/Elnance Project Mgr/Resource: Elizabeth Alvarado FiCouncil Action. ORDINANCE Agenda Wording Down Payment Assistance Lien Release for Project Name: Katrina Sommerfeld Contractor!Vendor RESOLUTION JCity Manager Approval CMA Wording Consider executing Release of Lien filed under the Down Payment Assistance Program for Katrina Sommerfeld for the property located at 3319 Settlement Drive, Round Rock, Texas 78664. Attorney Approval attorney Notes/Comments Date o:twdox\SCClnts101791i 0031MISC100190550 Updated 6/3/08