CM-13-11-237ROUND ROCK, TEXAS
PURPOSE- MAIM PROSPRITY
City of Round Rock
Agenda Item Summary
Agenda Number:
Title: Consider executing a CDBG Home Ownership Assistance Program Lien
Release for Margarito Gayton Jr.
Type: City Manager Item
Governing Body: City Manager Approval
Agenda Date: 11/27/2013
Dept Director: Cheryl Delaney
Cost: $75.00
Indexes:
Attachments: LAF GAYTON.pdf, LIEN RELEASE DOC GAYTON.pdf
Department: Finance Department
Text of Legislative File CM -13-11-237
In an effort to increase home ownership opportunties for the people of Round Rock, the Community
Development Block Grant Program provided down payment assistance to eligible low to moderate income first
time home buyers with grant funds up to $5,000 for closing costs from 1998 to 2005. This program required
that a five year lien be placed on the property and could be released after it expired and if the homeowner
requested.
Consider executing a Release of Lien under the Home Ownership Assistance Program for Margarito Gayton Jr .
Mr. Gayton received a $5,000 grant under the Home Ownership Assistance Program in 2005 to purchase a
home on 904 Garden Path (Lot 23, Block A, of GREENSLOPES AT LAKE CREEK, SECTION ONE). Mr.
Gayton paid the $75 fee and is now requesting that lien #2005022397 be released.
Staff recommends approval.
City of Round Rock Page 1 Printed on 12/10/2013
LEGAL DEPARTMENT APPROVAL FOR CITY COUNCIL/CITY MANAGER ACTION
Required for Submission of ALL City Council and City Manager Items
Department Name: Finance
Project Mgr/Resource: Elizabeth Alvarado
]Council Action:
ORDINANCE
Agenda Wording
Project R ame: coBc [ Jwr Payment Assistance Lien Release
ContractorNendor: N/A
] RESOLUTION
]City Manager Approval
CMA Wording
Consider executing a Release of Lien under the CDBG Down Payment Assitance Program for Margarito Gayton, Jr.
Attorney Approval
Attorney
Notes/Comments
Date 11/e7/3
O:\wdox\SCCInts\0179\1302\MUNICIPAL\00287271.XLS Updated 6/3/08
Date: Dec. 2013
Note:
111111111111111111111111111111111111111111111111111111111111 :E:GS
RELEASE OF LIEN
Date: March 18, 2005
Original Amount: $5,000.00
Maker: Margarito Gayton, Jr., 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
2013112143
Note and Lien are Described in the Following Documents, Recorded in:
Deed of Trust (Downpayment Assistance Program) executed by MARGARITO GAYTON JR.,
recorded as Document No. 2005022397, 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-three (23), Block "A", Green Slopes Lakes Creek Section One, a
subdivision in Williamson County, Texas, according to the map or plat thereof
recorded in Cabinet D, Slide 5, Plat Records of 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.
287270doc.
CM -13-11-231
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:
STEVE NORWOOD, City Manager
ACKNOWLEDGMENT
STATE OF TEXAS
COUNTY OF WILLIAMSON
This instrument was acknowledged before me on this the 1 -1133 -day of Gy t _
2013, by STEVE NORWOOD, City Manager, CITY OF ROUND ROCK, TEXAS, a Texas
home rule municipality, on behalf of said municipality.
O 4 SARIDON CHAMBLESS
°,_JL�a4 Notary Public, State of Texas
��!! ii�yTT My Commission Expires
ryg'r�w;. Moy 17, 2016
PREPARED IN THE OFFICE OF:
AFTER RECORDING RETURN TO:
anud.a-N.-
Notary Public, State of Texo3
Printed Name:d.or C. to\f6
My Commission Expires: ,kx 1 v I ZU►�
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.
FILED AND RECORDED
OFFICIAL PUBLIC RECORDS 2013112143
12/05/2013 08:35 AM
MARIA $25.00
NANCY E. RISTER, COUNTY CLERK
WILLIAMSON COUNTY, TEXAS