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CM-13-06-090ROUND ROCK, TEXAS PONPOY IgWON PM%PiNTY City of Round Rock Agenda Item Summary Agenda Number: Title: Consider executing a Real Estate Contract with SAR Western Center Plaza, LP for the Chisholm Trail Road Improvements Project. Type: City Manager Item Governing Body: City Manager Approval Agenda Date: 6/21/2013 Dept Director: Steve Sheets Cost: $26,513.00 Indexes: RR Transportation and Economic Development Corporation (Type B) Attachments: 00276997.PDF, 00277002.PDF Text of Legislative File CM -13-06-090 This right of way is required for construction of the Chisholm Trail (Phase III) Roadway Expansion Project. The original appraised value for the acquisition was $20,785 ($9.35/SF). Staff Recommends Approval. City of Round Rock Page 1 Printed on 6/20/2013 LEGAL DEPARTMENT APPROVAL FOR CITY COUNCIL/CITY MANAGER ACTION Required for Submission of ALL City Council and City Manager Items Department Name: Legal Project Name: Chisholm Trail Road Improvements Project Mgr/Resource: Steve Sheets/Don Childs Council Action: ORDINANCE Agenda Wording ContractorNendor: SAR Westem Center Plaza, LP I-1 RESOLUTION City Manager Approval CMA Wording Consider executing a Real Estate Contract with SAR Western Center Plaza, LP for the Chisholm Trail Road Improvements Project. Attorney Approval Attorney Notes/Comments Date O:\wdox\SCCInts\0199\7280-051\MISC\00277002.XLS Updated 6/3/08 REAL ESTATE CONTRACT Chisholm Trail Road (Phase III) Right of Way State of Texas County of Williamson THIS REAL ESTATE CONTRACT ("Contract") is made by and between SAR WESTERN CENTER PLAZA, LP, a Texas limited partnership, (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: All of that certain tract of land containing a total of 0.051 acre, more or less, being a part of and out of the David Curry Survey, Abstract No. 130, Williamson County, Texas, being more fully described by metes and bounds in Exhibit "A", attached hereto and incorporated herein; 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"), and any improvements and fixtures situated on and attached to the Property described in Exhibit "A", for the consideration and upon and subject to the terms, provisions, and conditions set forth below. ARTICLE II PURCHASE PRICE Purchase Price 2.01. The Purchase Price for the Property described in Exhibit "A" and the acquisition of any improvements on the Property shall be the sum of TWENTY SIX THOUSAND FIVE HUNDRED THIRTEEN and 00/100 Dollars ($26,513.00). SAR--purchase contract for 0.051 acre --Chisholm Trail (6-13-13) (00276754) Payment of Purchase Price 2.02. The Purchase Price shall be payable in cash at the Closing. 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). Miscellaneous Conditions 3.02. 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 4.01. 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: (a) There are no parties in possession of any portion of the Property as lessees, tenants at sufferance, or trespassers, other than previously disclosed to Purchaser; (b) Seller has complied with all applicable laws, ordinances, regulations, statutes, rules and restrictions relating to the Property, or any part thereof; 4.02. The Property herein is being conveyed to Purchaser under threat of condemnation. 2 ARTICLE V CLOSING Closing Date 5.01. The Closing shall be held at the office of Texas American Title Company on or before July 31, 2013, 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 or in the contract (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 the City of Round Rock, Texas a duly executed and acknowledged Special Warranty Deed conveying good and indefeasible title in fee simple to all of the Property described in Exhibit "A", free and clear of any and all liens and restrictions, 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. The deed shall be in the form as shown in Exhibit "B" attached hereto. (2) 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 Grantee's fee simple and/or easement interests in and 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", if applicable; 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 (3) Deliver to Purchaser possession of the Property if not previously done. Purchaser's Obligations at Closing 5.03. At the Closing, Purchaser shall: (a) 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. 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 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, if any, shall be forthwith returned by the title company to Purchaser. 4 ARTICLE VII 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, if any, 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. If no Escrow Deposit has been made then Seller shall receive the amount of $500 as liquidated damages for any failure by Purchaser. ARTICLE VIII MISCELLANEOUS Notice 8.01. 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 8.02. 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 8.03. 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 8.04. 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 8.05. 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 8.06. Time is of the essence in this Contract. Gender 8.07. 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 8.08. Upon request of either party, the parties shall promptly execute a memorandum of this Contract suitable for filing of record. Compliance 8.09 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 8.10 This Contract shall be effective as of the date it is approved by the Round Rock city council or city manager, which date is indicated beneath the Mayor's or City Manager's signature below. Counterparts 8.11 This Contract may be executed in any number of counterparts, which may together constitute the Contract. Signatures transmitted by facsimile or electronic mail may be considered effective as originals for purposes of this Contract. 6 SELLER: SAR WESTERN CENTER PLAZA, LP, a Texas limited partnership By: �� CA.../P.14 j.&. er -� Its: Vtpevl Qc.r'Iwy Date: (4) PURCHASER: CITY OF ROUND ROCK, TEXAS By: ��__1 Gli . Its:G' ' livDtbra2- Date: 6-21- /S 7 Address: (A 101 Sv'14'"v-14' 1314 k40,41,, Tx -2(v(31- Address: 221 East Main St. Round Rock, Texas 78664 EXHIBIT "A" Right -Of -Way Parcel ME1ES AND BOUNDS DESCRIPTION OF A 0.051 ACRE TRACT OF LAND OUT OF THE SAR WESTERN CENTER PLAZA, LP TRACT LOCATED IN THE CITY OF ROUND ROCK, WILLIAMSON COUNTY, TEXAS BEING a 0.051 acre (2,223 square feet) tract of land situated in the David Curry Survey, Abstract No. 130, City of Round Rock, Williamson County, Texas; said 0.051 acre tract being a portion of that certain tract of land described in a Special Warranty Deed With Vendor's Lien to SAR Western Center Plaza, LP, filed on January 8, 2008, and recorded in Document No. 2008002151, Official Public Records of Williamson County, Texas (O.P.R.W.C.T.); said 0.051 acre tract also being a portion of Lot 3-B, Block B, Plat Amendment of Lots 3 -Al & 3-A2, Block B, Encino Plan filed on December 15, 2000, and recorded in Cabinet T, Slides 272-273, Plat Records of Williamson County, Texas (P.R.W.C.T.); said 0.051 acre tract being more particularly described by metes and bounds as follows: BEGINNING at a 1/2 inch iron rod found for the northwest corner of said Lot 3-B and the herein described tract, same marking the southwest corner of Lot 3-A3, Block B, Replat of Lot 3-A, Block B, Encino Plaza, filed on October 28, 1998, and recorded in Cabinet Q, Slides 184-185, P.R.W.C.T., said point also being on the existing east right-of-way (R.O.W.) line of Chisholm Trail (having a. variable width); THENCE, North 89° 23' 28" East, departing the east R.O.W. line of said Chisholm Trail, and with the common north line of said Lot 3-B and the south line of said Lot 3-A3, a distance of 4.10 feet to a 1/2 inch iron rod with orange plastic cap stamped "Wallace Group" (hereafter referred to as "Wallace cap") set for the northeast comer of the herein described tract; THENCE, South 00° 48' 04" West, departing said common line, and traveling across the interior of said Lot 3-B, a distance of 435.30 feet to a 1/2 inch iron rod with "Wallace cap" set for the southeast corner of the herein described tract, said point being on the common south line of said Lot 3-B and the north line of Lot 2-A, Block B, Replgt of Lots 1, 2 & 3, Block B, Encino Plaza, filed on August 4, 1997, and recorded in Cabinet 0, Slides 336-337, P.R.W.C.T.; THENCE, South 89° 23' 28" West, with the common south line of said Lot 3-B and the north line of said Lot 2-A, a distance of 0.82 feet to a 1/2 inch iron rod found for the southwest comer of said Lot 3-B and the herein described tract, same marking the northwest corner of said Lot 2-A, said point also being on the existing east R.O.W. line of said Chisholm Trail; THENCE, with the common east R.O.W. line of said Chisholm Trail and the west line of said Lot 3-B, the following two (2) courses and distances: 1) North 00° 37' 48" West, a distance of 304.21 feet to a 1/2 inch iron rod found marking an angle point along the west line of said Lot 3-B and the herein described tract; Page 1 of 3 Exhibit "A" continued Description of a 0.051 acre tract 2) North 02° 41' 06" East, a distance of 131.17 feet to the POINT OF BEGINNING of the herein described tract, delineating and encompassing within the metes recited 0.051 acre (2,223 square feet) of land, more or less, based on the survey and exhibit drawing made by The Wallace Group, Inc., Round Rock, Texas in March of 2013. Basis of Bearings: Bearings are based on the Texas State Plane Coordinate System (Central Zone, NAD83) which is based on Leica's Central Texas GPS Cooperative CORS RTK Network. An exhibit drawing of even survey date herewith accompanies this metes and bounds description. I, Daniel M. Flaherty, Registered Professional Land Surveyor No. 5004, State of Texas, do hereby certify that this metes and bounds description and exhibit drawing A-4540 attached hereto were prepared from an actual survey of the property performed on the ground and that the same is true and correct. aniel M. Flaherty, R.P.L.S. #5004 The Wallace Group, Inc. One Chisholm Trail, Suite 130 Round Rock, Texas 78681 Ph. (512) 218-0065 Work Order No. 22587 See attached Plat No. A-4540 22587-FN04.doc Page 2 of 3 03-22-2013 Date EXHIBIT "A" DRAWING TO ACCOMPANY METES AND BOUNDS DESCRIPTION OF A PROPOSED 0.051 ACRE RIGHT-OF-WAY PARCEL LOCATED IN THE DAVID CURRY SURVEY, ABSTRACT 130 AND BEING A PORTION LOT 3-B, BLOCK B, PLAT AMENDMENT OF LOTS 3 -Al AND LOTS 3-A2, BLOCK B, ENCINO PLAZA, RECORDED IN CABINET T, SLIDES 272 AND 273 OF THE PLAT RECORDS OF WILLIAMSON COUNTY, TEXAS E g 3/22/2013 - FIELD NOTE POINT OF BEGINNING GENERAL NOTES: 1. ALL PROPERTY CORNERS FOUND ARE CONTROL MONUMENTS. 2. SUBJECT TO ANY AND ALL COVENANTS, RESTRICTIONS, EASEMENTS AND CONDITIONS THAT MAY BE APPUCABLE. 3. THE SURVEYOR DID NOT ABSTRACT THE SUBJECT TRACT. 4. THIS DRAWING IS ACCOMPANIED BY A METES AND BOUNDS DESCRIPTION. 5. BEARINGS ARE BASED ON THE TEXAS STATE PLANE COORDINATE SYSTEM (CENTRAL ZONE, NAD83) WHICH IS BASED ON LEICA'S CENTRAL TEXAS GPS COOPERATIVE CORS RTK NETWORK. DETAIL "A" LEGEND O SET 1/2' IRON ROD WITH ORANGE PLASTIC CAP STAMPED "WALLACE GROUP" • - FOUND 1/2' IRON ROD UNLESS OTHERWISE NOTED P.R.W.C.T..• PLAT RECORDS - WILUAMSON COUNTY, TEXAS 0.P.R.W.C.T. = OFFICIAL PUBLIC RECORDS - VAWAMSON COUNTY, TEXAS w z a N� E 8 w z 4 4.10' N 89'23'28' E -J a LOT 3-A3 BLOCK B REPLAT OF LOT 3-A, BLOCK 8 ENCINO PLAZA CABINET Q, SUDES 184-185 P.R.W.C.T. FILED: OCTOBER 28, 1998 SUBDIVISION/LOT UNE 0.051 ACRE RIGHT—OF—WAY) PARCEL (2,223 SQ. FT.) LOT 3—B BLOCK B PLAT AMENDMENT OF LOTS 3—Al & 3—A2, BLOCK B ENCINO PLAZA CABINET T, SUDES 272 & 273 P.R.W.C.T. FILED: DECEMBER 15, 2000 / SAR WESTERN CENTER PLAZA, LP DOCUMENT NO. 2008002151 0.P.R.W.C.T. FILED: JANUARY 8, 2008 SEE DETAIL ,1 S 89'23'28' W 0.82' is,0'1\13°4 EY 1401. TO' Dpv 9S1 sa C GDU16 SUBDIVISION/LOT UNE LOT 2-A BLOCK B REPLAT OF LOTS 1, 2, & 3 - BLOCK B ENCINO PLAZA CABINET 0, SUDES 336 & 337 P.R.W.C.T. FILED: AUGUST 4, 1997 The Wallace Group, Inc. One Chisholm Trail, Suite 130, Round Rock, Texas 78681 (512) 248-0065 Engineers • Architects • Planners • Surveyors Waco * Killeen * Dallas * Round Rock I HEREBY STATE THAT TO THE BEST OF MY PROFESSIONAL KNOWLEDGE AND BELIEF THAT THIS PLAT AND THE SURVEY UPON WHICH IT IS BASED MEETS THE REQUIREMENTS FOR LAND SURVEYS IN THE STATE OF TEXAS. THIS THE 22ND DAY OF MARCH , 2011 SURVEYED: 10-17-12 SCALE ® 2013 ALL RIGHTS RESERVED DANIEL M. FLAHERTY, RP 0. 500 0 PLAT NO. A-4540 DRAFT 'ATE 03-22-2013 DRAWN BY TAB WORK ORDER NO 22587 F1ELDBOOK/PG144 52 TAB # A-4540 DIGITAL FILE 22587R -ROW TRACTS F/N # 22587-FNO4 o CLOD Oma' p 3 OF 3 THE STATE OF TEXAS SPECIAL WARRANTY DEED Chisholm Trail Road (Phase III) § COUNTY OF WILLIAMSON § NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY OF THE FOLLOWING INFORMATION FROM THIS INSTRUMENT BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER. WHEREAS, the City of Round Rock, Texas is authorized to purchase land and such other property rights deemed necessary or convenient for the construction, expansion, enlargement, extension, improvement, or operation of a portion of the proposed Chisholm Trail Road expansion project ("Project"); and, WHEREAS, the purchase of the hereinafter -described premises has been deemed necessary or convenient for the construction, expansion, enlargement, extension, improvement, or operation of the Project; NOW, THEREFORE, KNOW ALL MEN BY THESE PRESENTS: That, SAR WESTERN CENTER PLAZA, LP, a Texas limited partnership, hereinafter referred to as Grantor, whether one or more, for and in consideration of the sum of Ten Dollars ($10.00) and other good and valuable consideration to Grantor in hand paid by the City of Round Rock, Texas, receipt and sufficiency of which is hereby acknowledged, and for which no lien is retained, either expressed or implied, have this day Sold and by these presents do Grant, Bargain, Sell and Convey unto the CITY OF ROUND ROCK, TEXAS all that certain tract or parcel of land lying and being situated in the County of Williamson, State of Texas, being more particularly described as follows: All of that certain tract of land containing a total of 0.051 acre, more or less, being part of and out of the David Curry Survey, Abstract No. 130, City of Round Rock, Williamson County, Texas, and being more fully described by metes and bounds in Exhibit "A", attached hereto and incorporated herein. RESERVATIONS FROM AND EXCEPTIONS TO CONVEYANCE AND WARRANTY: Easements and rights-of-way of record; all presently recorded restrictions, reservations, covenants, conditions, oil, gas or other mineral leases, mineral severances, and other instruments, other than liens and conveyances, that affect the property; rights of adjoining owners in any walls and fences situated on a common boundary; and any encroachments or overlapping of improvements. 00276755.DOC TO HAVE AND TO HOLD the premises herein described and herein conveyed together with all and singular the rights and appurtenances thereto in any wise belonging unto the City of Round Rock, Texas and its assigns forever; and Grantor does hereby bind itself, its heirs, executors, administrators, successors and assigns to Warrant and Forever Defend all and singular the said premises herein conveyed unto the City of Round Rock, Texas and its assigns against every person whomsoever lawfully claiming or to claim the same or any part thereof by, through, or under Grantor, but not otherwise. This deed is being delivered in lieu of condemnation. 1)1 INS, WITNESS WHEREOF, this instrument is executed on this the 1 day of Junve, , 2013. GRANTOR: SAR WESTERN CENTER PLAZA, LP, a Texas limited partnership B Its: (\it f ckr+h'e/ State of Texas County of Acknowledgment This instrument was acknowledged before me on this the day of 2013 by , in the capacity and for the consideration and purposes recited herein. Notary Public, State of Texas 2 PREPARED IN THE OFFICE OF: Sheets & Crossfield, P.C. 309 East Main Round Rock, Texas 78664 GRANTEE'S ADDRESS: City of Round Rock 221 East Main Round Rock, Texas 78664 AFTER RECORDING RETURN TO: