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CM-2016-1068 - 3/25/2016REAL ESTATE CONTRACT University Boulevard Right of Way THIS REAL ESTATE CONTRACT ("Contract") is made by and between GVD COMMERCIAL PROPERTIES, INC., a California corporation, (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 0.007 acre tract of land, more or less, out of and situated in the Ephraim Evans Survey, Abstract No. 212 in Williamson County; being more fully described in Exhibit "A", attached hereto and incorporated herein Parcel 11 ; and Public Utility Easement interest in and to that certain 0.044 acre tract of land, more or less, out of and situated in the Ephraim Evans Survey, Abstract No. 212 in Williamson County; being more fully described in Exhibit `B", attached hereto and incorporated herein Parcel 11 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" not otherwise retained by Seller, 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", the acquisition of any improvements on the Property, and any damage to the remaining property of Seller, shall be the sum of TWENTY FOUR THOUSAND EIGHT HUNDRED FIFTY FOUR and 00/100 Dollars ($24,854.00). 00353918.DOC 0,A,(,2!'l6,---1p64 Payment of Purchase Price 2.02. The Purchase Price shall be payable in cash at the Closing. ARTICLE III CONDITIONS TO PURCHASER'S AND SELLER'S OBLIGATIONS 3.01. The obligations of Purchaser hereunder to consummate the transactions contemplated hereby are subject to the satisfaction of the following conditions set forth in Section 3.02 (any of which may be waived in whole or in part by Purchaser at or prior to the Closing). 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, and shall have delivered the Partial Release of Lease attached as Exhibit E". 3.03 The obligations of Seller hereunder are conditional upon Seller's current lessee having signed and delivered the Partial Release of Lease attached as Exhibit "E" and Purchaser's payment of the Purchase Price and all amounts called for by Section 5.05. 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 Capital Title Company on or before May 20, 2016, 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", and a duly executed and acknowledged Public Utility Easement conveying such interest in and to the Property described in Exhibit `B", both 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, and any other recorded matters including, but not limited to, those set forth in the Title Commitment issued by First National Title Insurance Company on March 9, 2016, File No. G -15 -234644 -CP (save and except Item l Os); (b) Any exceptions executed by or through Purchaser or 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 "C" attached hereto. The Public Utility Easement shall be in the form as shown in Exhibit "D" 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) Deliver to Purchaser possession of the Property. 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. 11 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. Pnrtiec Round 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. 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 0 effective as originals for purposes of this Contract. SELLER: GVD Commercial Properties, Inc., a California corporation By: DAq tp A • CPS S'E Its: C -F 0 Date: 3 i l �d ( tP PURCHASER: CITY OF ROUND ROCK, TEXAS By: " i Its: / �C Date: 3---15 7 Address: 1 � 16- A e • kaa �-e 16 kk . nroange, CA qZ9&-7 Address: 221 East Main St. Round Rock, Texas 78664 EXHIBIT "A" Variable Width Right -Of -Way Acquisition METES AND BOUNDS DESCRIPTION OF A 0.007 ACRE TRACT OF LAND LOCATED IN THE CITY OF ROUND ROCK, WILLIAMSON COUNTY, TEXAS BEING A 0.007 ACRE (324 SQUARE FOOT) TRACT OF LAND SITUATED IN THE EPHRAIM EVANS SURVEY, ABSTRACT NO. 212, WILLIAMSON COUNTY, TEXAS; SAID 0.007 ACRE TRACT BEING A PORTION OF LOT 2E, BLOCK A, REPLAT OF LOT 2 EAST CHANDLER RETAIL CENTER, FILED ON NOVEMBER 2, 2006, AND RECORDED IN CABINET CC, SLIDES 230-233 OF THE PLAT RECORDS OF WILLIAMSON COUNTY, TEXAS (P.R.W.C.T.); SAID 0.007 ACRE TRACT ALSO BEING A PORTION OF LOT 2E DESCRIBED IN A SPECIAL WARRANTY DEED TO GVD COMMERCIAL PROPERTIES, INC., FILED ON JUNE 11, 2008, AND RECORDED IN DOCUMENT NO. 2008046034 OF THE OFFICIAL PUBLIC RECORDS OF WILLIAMSON COUNTY, TEXAS (O.P.R.W.C.T.); SAID 0.007 ACRE TRACT BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING at a cut "X" in concrete found for the common westernmost northwest comer of said Lot 2E and the northernmost corner of Lot 2A, Block A, of said Replat of Lot 2 East Chandler Retail Center, and being on the southerly right-of-way line (R.O.W.) of University Boulevard (variable width R.O.W.), for the westernmost corner of the herein described tract; THENCE with the common northerly line of said Lot 2E and the southerly R.O.W. line of said University Boulevard, the following two calls: 1) North 24° 21' 38" East, a distance of 22.42 feet to a found 1/2 -inch iron rod with orange plastic cap stamped "WEST 4188" for the northwest corner of the herein described tract; 2) North 69° 18' 05" East, a distance of 14.13 feet to a set 1/2 -inch iron rod with aluminum cap stamped "CORR ROW" for the northeast comer of the herein described tract; THENCE South 24° 18' 09" West, traveling across the interior of said Lot 2E, a distance of 42.43 feet to a cut "X" in concrete set for the common westerly line of said Lot 2E and the easterly line of said Lot 2A, for the southernmost comer of the herein described tract; THENCE North 20° 41' 53" West, with the common westerly line of said Lot 2E and the easterly line of said Lot 2A, a distance of 14.16 feet to the POINT OF BEGINNING of the herein described tract, delineating and encompassing within the metes recited 0.007 acre (324 square feet) of land, more or less, based on the survey and exhibit drawing made by The Wallace Group, A CP&Y Company, Round Rock, Texas in 2015. Page 1 of 3 Exhibit "A" continued Description of a 0.007 acre tract Basis of Bearings: Bearings are based on the Texas State Plane Coordinate System (Central Zone — NAD 83) which is based on Leica's Central Texas GPS Cooperative CORS RTK Network. This metes and bounds description is accompanied by an exhibit drawing. THE STATE OF TEXAS KNOW ALL MEN BY THESE PRESENTS: COUNTY OF WILLIAMSON That I, Daniel M. Flaherty, a Registered Professional Land Surveyor, do hereby certify that the above description and exhibit drawing A-4865 attached hereto 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. ;aniel M. Flaherty, R.P.L.S. No. 5 The Wallace Group, A CP&Y Comp y One Chisholm Trail, Suite 130 Round Rock, Texas 78681 Ph. (512) 248-0065 TBPLS Firm No. 10051701 See attached Plat No. A-4865 22824-FN24.doc Page 2 of 3 4OF T �Q:..G�S'rE9F .......................... )ANIEL M. FLAHE .......................... q 5004 P FES S% 11-02-2015 Date EXHIBIT "A' t (VARIABLE WIDTH RIGHT- OF- WAY ACQUISITION) DRAWING TO ACCOMPANY METES AND BOUNDS DESCRIPTION OF A 0.007 ACRE (324 SQ. FT.) TRACT OF LAND IN THE CITY OF ROUND ROCK, WILLIAMSON COUNTY, TEXAS SCALE. I" = 100' I FIELD NOTE POINT OF BEGINNING CUT "X' FND. IN CONC.� N 2041'53' W — 14. R.O.W. LINE CUT 'X" SE IN CONC. LOT 2A Z BLOCK A o P O C4 E" w cp Qq N 2471'38' E — 2242' r-- N 6918'05' E — 14.13' N 69'18'05' E — 187.49' S 2498'09" W — 4243' VARIABLE WIDTH RIGHT--OF—WAY ACQUISITION 0.007 ACRE (324 SQ. Fr.) R.O.W. UNE LOT 2E BLOCK A REPLAT OF LOT 2 EAST CHANDLER RETAIL CENTER CABINET OC, SLIDES 230-233 caJ cwV P.R.W.C.T. i— FILED: NOVEMBER 2, 2006 0 o TRACT 1 GVD COMMERCIAL PROPERTIES, INC DOC. NO. 2008046034 O'P.R.W.C.T. FILED: JUNE 11, 2008 UNIVERSITY BOULEVARD (VARIABLE WIDTH R. 0. W. ) CUT "X" FND. IN CONC. EXISTING R.O.W. LOT 2F BLOCK A REPLAT OF LOT 2 EAST CHANDLER RETAIL CENTER CABINET CC, SLIDES 230-233 P.R.W.C.T. FILED: NOVEMBER 2, 2006 LOT 2H BLOCK A REPLAT OF LOT 2 EAST CHANDLER RETAIL CENTER CABINET CC, SLIDES 230-233 P.R.W.C.T. FILED: NOVEMBER 2, 2006 LEGEND GENERAL NOTES: 1.) ALL PROPERTY CORNERS FOUND ARE CONTROL MONUMENTS 2) SUBJECT TO ANY AND ALL COVENANTS, RESTRICTIONS, EASEMENTS AND CONDITIONS THAT MAY BE APPLICABLE. 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. • = FOUND 1/2' IRON ROD WITH ORANGE CAP STAMPED "WEST 4188" UNLESS OTHERWISE NOTED O = SET 1/2' IRON ROD WITH ALUMINUM CAP STAMPED "CORR ROW" UNLESS OTHERWISE NOTED A = CALCULATED POINT P.R.W.C.T. = PLAT RECORDS, WILLIAMSON COUNTY, TEXAS D.R.W.C.T. = DEED RECORDS, WILLIAMSON COUNTY, TEXAS O.R.W.C.T. = OFFICIAL RECORDS, WILLIAMSON COUNTY, TOGAS O.P.R.W.C.T. = OFFICIAL PUBLIC RECORDS, WILLIAMSON COUNTY, TEXAS ' : WALLACERC1_: encneers architects surveyors rED* A CPSY COMPANY WACO KILLEEN DALLAS ROUND ROCKTBPLS 10051701 1 Chisholm Trail, Suite 130, Round Rock, Texas 78681 1 (512) 248-0065 TBPE F-54 I HEREBY STATE THAT TO THE BEST OF MY PROFESSIONAL KNOWLEDGE AND BELIEF THAT w THIS PLAT AND THE SURVEY UPON WHICH IT IS BASED MEETS THE REQUIREMENTS FOR LANDSURVEYS IN THE STATE OF TEXAS. THIS 2ND DAY OF NOVEMBER, 2015 OCTOBER, 2014 ' >14 SURVEYED: NOVEMBER, 2015 IEL M. FLAHERTY PLS NO. 5 3 OF 3 0 100 200 PLAT NO. A-4865 DRAFT DATE 11-02-2015 DRAWN BY RKS SCALE WORK ORDER NO. 22824 FIELDBOOK/PG. 195/9 TAB # A-4865 0 2015 ALL RIGHTS RESERVED DIGITAL FILE 22824R—PARCELS F/N # 22824—FN24 4:II,008-m Variable Width Public Utility Easement METES AND BOUNDS DESCRIPTION OF A 0.044 ACRE TRACT OF LAND LOCATED IN THE CITY OF ROUND ROCK, WILLIAMSON COUNTY, TEXAS BEING A 0.044 ACRE (1,930 SQUARE FOOT) TRACT OF LAND SITUATED IN THE EPHRAIM EVANS SURVEY, ABSTRACT NO. 212, WILLIAMSON COUNTY, TEXAS; SAID 0.044 ACRE TRACT BEING A PORTION OF LOT 2E, BLOCK A, REPLAT OF LOT 2 EAST CHANDLER RETAIL CENTER, FILED ON NOVEMBER 2, 2006, AND RECORDED IN CABINET CC, SLIDES 230-233 OF THE PLAT RECORDS OF WILLIAMSON COUNTY, TEXAS (P.R.W.C.T.); SAID 0.044 ACRE TRACT ALSO BEING A PORTION OF TRACT I DESCRIBED IN A SPECIAL WARRANTY DEED TO GVD COMMERCIAL PROPERTIES, INC., FILED ON JUNE 11, 2008, AND RECORDED IN DOCUMENT NO. 2008046034 OF THE OFFICIAL PUBLIC RECORDS OF WILLIAMSON COUNTY, TEXAS (O.P.R.W.C.T.); SAID 0.044 ACRE TRACT BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING at a calculated point for the northwest corner of the herein described tract, and from which a 1/2 -inch iron rod with orange plastic cap stamped "West 4188" found marking the northernmost northwest corner of said Lot 2E, Block A, Replat of Lot 2 of East Chandler Retail Center bears North 26° 43' 38" West, at a distance of 12.85 feet, said iron rod also marking an angle point on the southerly right- of-way (R.O.W.) line of University Boulevard (a variable width R.O.W.); THENCE North 69° 11' 00" East, traveling across the interior of said Lot 2E, a distance of 200.27 feet to a calculated point for the northeast corner of the herein described tract, said point being on the common easterly line of said Lot 2E and the westerly line of Lot 2F of said Block A, and from which a cut "X" in concrete found marking the common northeast corner of said Lot 2E and the northwest corner of said Lot 2F bears North 20° 41' 11" West, at a distance of 12.37 feet, said cut "X" also being on the southerly R.O.W. line of said University Boulevard; THENCE South 20" 41' 11" East, with the common easterly line of said Lot 2E and the westerly line of said Lot 2F, a distance of 9.63 feet to a calculated point for the southeast corner of the herein described tract; THENCE South 69° 18' 05" West, traveling across the interior of said Lot 2E, a distance of 209.49 feet to a calculated point for the southwest corner of the herein described tract; THENCE North 24° 18' 09" East, a distance of 13.04 feet to the POINT OF BEGINNING of the herein described tract, delineating and encompassing within the metes recited 0.044 acre (1,930 square feet) of land, more or less, based on the survey and exhibit drawing made by The Wallace Group, A CP&Y Company, Round Rock, Texas in September of 2015. Page 1 of 3 Exhibit "A" continued Description of a 0.044 acre tract Basis of Bearings: Bearings are based on the Texas State Plane Coordinate System (Central Zone — NAD 83) which is based on Leica's Central Texas GPS Cooperative CORS RTK Network. This metes and bounds description is accompanied by an exhibit drawing. THE STATE OF TEXAS KNOW ALL MEN BY THESE PRESENTS: COUNTY OF WILLIAMSON That I, Daniel M. Flaherty, a Registered Professional Land Surveyor, do hereby certify that the above description and exhibit drawing A-4710 attached hereto 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. Daniel M. Flaherty, R.P.L.S. No. 5004 The Wallace Group, A CP&Y Company One Chisholm Trail, Suite 130 Round Rock, Texas 78681 Ph. (512) 248-0065 TBPLS Firm No. 10051701 See attached Plat No. A-4710 22824-FNI Ldoc Page 2of3 09-29-2015 Date a LO 0 M rn EXHIBIT "FBJ' ' (VARIABLE WIDTH PUBLIC UTILITY EASEMENT) DRAWING TO ACCOMPANY METES AND BOUNDS DESCRIPTION OF A 0.044 ACRE (1,930 SQ. FT.) TRACT OF LAND IN THE CITY OF ROUND ROCK, WILLIAMSON COUNTY, TEXAS SCALE: 1 " = 100' FIELD NOTE POINT OF BEGINNING N 24'18'09' E - 1 LOT 2A BLOCK A UNIVERSITY BOULEVARD (VARIABLE WIDTH R. 0. W.) , 26'43'38' W - 12.85' S 69'18'05' W - 209.49' PROPOSED R.O.W. LINE TRACT 1 GVD COMMERCIAL PROPERTIES, INC DOC. NO. 2008048034 O'P.R.W.C.T. FILED JUNE 11, 2008 UTILITY EASEMENT 0.044 ACRE (1,930 SO. IT "X" FND. IN CONC. 20'41'11" W - 1237' 2041'11' E - 9.63' LOT 2F BLOCK A REPLAT OF LOT 2 EAST CHANDLER RETAIL CENTER CABINET CC, SLIDES 23D-233 C11 N P.R.W.C.T. i- �- FILED: NOVEMBER 2, 2006 010 LOT 2H BLOCK A REPLAT OF LOT 2 EAST CHANDLER RETAIL CENTER CABINET CC, SLIDES 230-233 P.R.W.C.T. FILED: NOVEMBER 2, 2006 LEGEND GENERAL NOTES: 1.) ALL PROPERTY CORNERS FOUND ARE CONTROL MONUMENTS. 2.) SUBJECT TO ANY AND ALL COVENANTS, RESTRICTIONS, EASEMENTS AND CONDITIONS THAT MAY BE APPLICABLE 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. 0 = FOUND 1/2' IRON ROD NTH ORANGE CAP STAMPED "WEST 4188" UNLESS OTHERWISE NOTED 0 = SET 1/2' IRON ROD WITH ALUMINUM CAP STAMPED "CORR ROW' A = CALCULATED POINT P.R.W.C.T. = PLAT RECORDS, WILLIAMSON COUNTY, TEXAS D.R.W.C.T. = DEED RECORDS, WILLIAMSON COUNTY, TEXAS O.R.W.C.T. = OFFICIAL RECORDS, WILLIAMSON COUNTY, TEXAS O.P.R.W.C.T. = OFFICIAL PUBLIC RECORDS, WILLIAMSON COUNTY, TEXAS -` � [= WALLACE 4G CJIU engineers architects surveyors"s r" F A CP&Y COMPANY �Q �G E9� WACO KILLEEN DALLAS ROUNDROCK.DANIEL I.. FLAHEt1sY 01 1 Chisholm Trail, Suite 130, Round Rock Toes 78681 I (512) 248 0065 TBPE F-54 `\.......:..:....:................. I HEREBY STATE THAT TO THE BEST OF MY PROFESSIONAL KNOWLEDGE AND BELIEF THAT <'9 5004 Q Q THIS PLAT AND THE SURVEY UPON WHICH IT IS BASED MEETS THE REQUIREMENTS FOR LAND �/Ii °�Fss °`�'�O SURVEYS IN THE STATE OFTEXAS. TH_ DAY OF EPTr MBER� 2015 SURVEYED: OCTOBER, 2014 DANIEL M. FLAHERTY RPLS N0. 50 3 OF 3 0 100 200 PLAT NO. A-4710 DRAFT DKTE 09-29-2015 DRAWN BY nV SCALE WORK ORDER NO. 22824 FIELDBOOK/PG. 195/9 TAB # A-4710 0 2015 ALL RIGHTS RESERVED DIGITAL FILE 228248—PARCELS F/N # 22824—FN11 LOT 2E BLOCK A REPLAT OF LOT 2 EAST CHANDLER RETAIL CENTER CABINET CC, SLIDES 230-233 N A.R.NLC.T. FILED: NOVEMBER 2, 2006 00 TRACT 1 GVD COMMERCIAL PROPERTIES, INC DOC. NO. 2008048034 O'P.R.W.C.T. FILED JUNE 11, 2008 UTILITY EASEMENT 0.044 ACRE (1,930 SO. IT "X" FND. IN CONC. 20'41'11" W - 1237' 2041'11' E - 9.63' LOT 2F BLOCK A REPLAT OF LOT 2 EAST CHANDLER RETAIL CENTER CABINET CC, SLIDES 23D-233 C11 N P.R.W.C.T. i- �- FILED: NOVEMBER 2, 2006 010 LOT 2H BLOCK A REPLAT OF LOT 2 EAST CHANDLER RETAIL CENTER CABINET CC, SLIDES 230-233 P.R.W.C.T. FILED: NOVEMBER 2, 2006 LEGEND GENERAL NOTES: 1.) ALL PROPERTY CORNERS FOUND ARE CONTROL MONUMENTS. 2.) SUBJECT TO ANY AND ALL COVENANTS, RESTRICTIONS, EASEMENTS AND CONDITIONS THAT MAY BE APPLICABLE 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. 0 = FOUND 1/2' IRON ROD NTH ORANGE CAP STAMPED "WEST 4188" UNLESS OTHERWISE NOTED 0 = SET 1/2' IRON ROD WITH ALUMINUM CAP STAMPED "CORR ROW' A = CALCULATED POINT P.R.W.C.T. = PLAT RECORDS, WILLIAMSON COUNTY, TEXAS D.R.W.C.T. = DEED RECORDS, WILLIAMSON COUNTY, TEXAS O.R.W.C.T. = OFFICIAL RECORDS, WILLIAMSON COUNTY, TEXAS O.P.R.W.C.T. = OFFICIAL PUBLIC RECORDS, WILLIAMSON COUNTY, TEXAS -` � [= WALLACE 4G CJIU engineers architects surveyors"s r" F A CP&Y COMPANY �Q �G E9� WACO KILLEEN DALLAS ROUNDROCK.DANIEL I.. FLAHEt1sY 01 1 Chisholm Trail, Suite 130, Round Rock Toes 78681 I (512) 248 0065 TBPE F-54 `\.......:..:....:................. I HEREBY STATE THAT TO THE BEST OF MY PROFESSIONAL KNOWLEDGE AND BELIEF THAT <'9 5004 Q Q THIS PLAT AND THE SURVEY UPON WHICH IT IS BASED MEETS THE REQUIREMENTS FOR LAND �/Ii °�Fss °`�'�O SURVEYS IN THE STATE OFTEXAS. TH_ DAY OF EPTr MBER� 2015 SURVEYED: OCTOBER, 2014 DANIEL M. FLAHERTY RPLS N0. 50 3 OF 3 0 100 200 PLAT NO. A-4710 DRAFT DKTE 09-29-2015 DRAWN BY nV SCALE WORK ORDER NO. 22824 FIELDBOOK/PG. 195/9 TAB # A-4710 0 2015 ALL RIGHTS RESERVED DIGITAL FILE 228248—PARCELS F/N # 22824—FN11 Parcel 11 EXHIBIT "C" DEED University Boulevard Right of Way THE STATE OF TEXAS § 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 ANY INSTRUMENT THAT TRANSFERS AN INTEREST IN REAL PROPERTY BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER. NOW, THEREFORE, KNOW ALL MEN BY THESE PRESENTS: That GVD COMMERCIAL PROPERTIES, INC., a California corporation, 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 City of Round Rock, Texas, the 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 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, along with any improvements thereon, being more particularly described as follows: All of that certain 0.007 acre (approximately 324 Sq. Ft.) in the Ephraim Evans Survey, Abstract No. 212, Williamson County; being more fully described by metes and bounds in Exhibit "A", attached hereto and incorporated herein Parcel 11) SAVE AND EXCEPT, HOWEVER, it is expressly understood and agreed that Grantor is retaining title to the following improvements located on the property described in said Exhibit "A" to wit: NONE RESERVATIONS FROM AND EXCEPTIONS TO CONVEYANCE AND WARRANTY: Visible and apparent easements not appearing of record; Any discrepancies, conflicts, or shortages in area or boundary lines or any encroachments or any overlapping of improvements which a current survey would show; Easements, restrictions, reservations, covenants, conditions, oil and gas leases, mineral severances, encumbrances for taxes and assessments, and any other matters of record (other than liens and conveyances) presently of record in the Official Public Records of Williamson County, Texas, that affect the property, but only to the extent that said items are still valid and in force and effect at this time. 00353706.DOC Grantor reserves all of the oil, gas and other minerals in and under the land herein conveyed but waives all rights of ingress and egress to the surface thereof for the purpose of exploring, developing, mining or drilling or pumping the same; provided, however, that operations for exploration or recovery of any such minerals shall be permissible so long as all surface operations in connection therewith are located at a point outside the acquired parcel and upon the condition that none of such operations shall be conducted so near the surface of said land as to interfere with the intended use thereof or in any way interfere with, jeopardize, or endanger the facilities of the City of Round Rock, Texas or create a hazard to the public users thereof, it being intended, however, that nothing in this reservation shall affect the title and the rights of Grantee to take and use without additional compensation any, stone, earth, gravel, caliche, iron ore, gravel or any other road building material upon, in and under said land for the construction and maintenance of University Blvd., but shall not be used or exported from the Property for any other purpose. TO HAVE AND TO HOLD the property herein described and herein conveyed together with all and singular the rights and appurtenances thereto in any wise belonging unto 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 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. IN WITNESS WHEREOF, this instrument is executed on this the day of , 2016. GRANTOR: GVD COMMERCIAL PROPERTIES, INC., a California corporation Its: 2. ACKNOWLEDGMENT STATE OF CALIFORNIA COUNTY OF § This instrument was acknowledged before me on this the day of , 2016 by in the capacity and for the purposes and consideration recited therein. Notary Public, State of California PREPARED IN THE OFFICE OF: Sheets & Crossfield, P.C. 309 East Main Round Rock, Texas 78664 GRANTEE'S MAILING ADDRESS: City of Round Rock Attn: City Manager 221 East Main Street Round Rock, Texas 78664 AFTER RECORDING RETURN TO: 3. EXHIBIT "D" University Blvd.—Parcel 11PUE PUBLIC UTILITY EASEMENT THE STATE OF TEXAS § KNOW ALL BY THESE PRESENTS: COUNTY OF WILLIAMSON That GVD COMMERICAL PROPERTIES, INC., and its successors and assigns, ("Grantor"), for and in consideration of the sum of Ten and No/100 Dollars ($10.00) and other good and valuable consideration paid by the CITY OF ROUND ROCK, TEXAS, a municipal corporation situated in the County of Williamson and State of Texas ("Grantee"), the receipt and sufficiency of which is hereby acknowledged, does hereby GRANT, SELL and CONVEY unto Grantee certain rights and interests in the nature of a perpetual public utility easement and right- of-way in, upon, over, under, above and across the following described property, to -wit: All of that certain 0.044 acre (1,930 SF) tract of land situated in the Ephraim Evans Survey, Abstract No. 212, Williamson County, Texas; and being more particularly described in Exhibit "A" attached hereto and incorporated herein for all purposes (Parcel 11 PUE). The perpetual easement, right-of-way, rights and privileges herein granted shall be used for the purposes of location, placement, relocation, construction, operation, enlargement, maintenance, alteration, repair, rebuilding, removal and patrol of public utilities, to -wit: electric transmission and distribution lines, telecommunication and cable television lines, water lines, natural gas lines, wastewater lines, sanitary sewer lines, connecting lines, access facilities and related equipment, stormwater lines, drainage systems and underground drainage structures, all necessary conduits, valves, vaults, manholes, ventilators and appurtenances, storm sewers and collection facilities, drainage pipes and all other subsurface drainage structures, and any necessary accessories, or operations. This conveyance is made and accepted subject to any and all conditions and restrictions, if any, relating to the hereinabove described property to the extent, and only to the extent, that the same may still be in force and effect and shown of record in the office of the County Clerk of Williamson County, Texas. Except as otherwise noted, the easement, rights and privileges herein granted shall be perpetual, provided however that said easement, rights, and privileges shall cease and revert to Grantor in the event the utilities are abandoned, or shall cease to be used, for a period of five (5) consecutive years. 00353920.DOCX The perpetual easement, right-of-way, rights and privileges granted herein are exclusive, and Grantor covenants not to convey any other easement or conflicting rights within the premises covered by this grant, without the express written consent of Grantee, which consent shall not be unreasonably withheld. Grantee shall have the right to review any proposed easement or conflicting use to determine the effect, if any, on the utilities contemplated herein. Prior to granting its consent for other easements, Grantee may require reasonable safeguards to protect the integrity of the utilities thereon. Grantor also retains, reserves, and shall continue to enjoy the surface of such easement for any and all purposes which do not interfere with and prevent the use by Grantee of the easement, including the right to build and use the surface of the easement for private streets, roads, driveways, alleys, walks, gardens, lawns, parking areas and other like uses; provided Grantor shall not erect or construct on the easement any building or other structure such as a patio, swimming pool, sport court, storage shed, accessory building, barbeque pit or similar structure, or drill or operate any well, or construct any reservoir or other obstruction on the easement, or diminish or substantially add to the ground cover over the facilities. Grantee shall not be responsible or liable for the removal, repair or damage to any property, structure, building, or other use inconsistent with the rights conveyed to Grantee by the easement; provided, however, before constructing any improvements, at least ten (10) days' written notice shall be provided to Grantee of the general plans of the improvement to be constructed on the easement, and Grantor must first obtain the consent and approval from Grantee of the construction and location of any improvements within the easement. Grantee hereby covenants and agrees: (a) Grantee shall not fence the easement; (b) Grantee shall promptly backfill any trench made by it on the easement and repair any damage it shall do to Grantor's private roads or lanes on the lands; (c) To the extent allowed by law, Grantee shall indemnify Grantor against any loss and damage which shall be caused by the exercise of the rights of ingress and egress or by any wrongful or negligent act or omission of Grantee's agents or employees in the course of their employment. It is understood and agreed that any and all equipment and facilities placed upon said property by Grantee shall remain the property of Grantee. herein. Grantor hereby dedicates the easement as a public utility easement for the purposes stated OJI TO HAVE AND TO HOLD the rights and interests described unto Grantee and its successors and assigns, forever, together with all and singular all usual and customary rights thereto in anywise belonging, and together with the right and privilege at any and all times to enter said premises, or any part thereof, for the purpose of constructing or maintaining said utilities and for making connections therewith, and Grantor does hereby bind itself, its successors and assigns and legal representatives, to WARRANT AND FOREVER DEFEND, all and singular, the said easement and rights and interests unto the City of Round Rock, Texas, its successors and assigns, against every person whomsoever lawfully claiming or to claim the same or any part thereof. IN WITNESS WHEREOF, Grantor has caused this instrument to be executed on this the day of the month of , 2016. (Signatures on the following pages) GRANTOR: GVD COMMERCIAL PROPERTIES, INC., a California corporation Its: ACKNOWLEDGMENT THE STATE OF COUNTY OF This instrument was acknowledged before me on this the day of the month of , 2016, by , known by me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed the same as the act and deed of and on behalf of said entity and in the capacity and for the purposes and consideration therein expressed. Signature Printed Name Notary Public, State of 4 EXHIBIT "E" PARTIAL RELEASE OF LEASE University Blvd. Right of Way THE STATE OF TEXAS KNOW ALL BY THESE PRESENTS: COUNTY OF WILLL4,MSON That, GVD Commercial Properties, Inc., a California corporation and Mar Lu Days, LLC, a Texas limited liability company ("Mar Lu"), as successor -in -interest and assignee of TGI Friday's, Inc., a New York corporation, for and in consideration of the sum of Ten and No/100 Dollars ($10.00) and other good and valuable consideration paid to it by the City of Round Rock, Texas, and its successors and assigns, the receipt and sufficiency of which is hereby acknowledged, do hereby partially ABANDON, RELEASE and DISCHARGE that certain leasehold interest which is evidenced by that certain Memorandum of Lease instrument recorded in Document No. 2008030572 of the Official Public Records of Williamson County, Texas. Such ABANDONMENT, RELEASE and DISCHARGE of the above -referenced leasehold shall apply only to the below -described Property, to -wit: All of that certain 0.007 acre tract of land, more or less, out of the Ephraim Evans Survey, Abstract No. 212, Williamson County, Texas; being more fully described by metes and bounds in Exhibit "A", attached hereto and incorporated herein Parcel 11). This instrument is given specifically to release the above described original lease agreements and interest, and any subsequent revisions, renewals, or alterations between the parties relating to the subject Property, and to release such original agreement only as to the property specifically described herein, which agreement terms are hereby terminated by abandonment, termination, vacation, and cessation of purpose, and which lease agreement shall be of no further force and effect, whether legal or equitable. In addition, Mar Lu recognizes and agrees that the Public Utility Easement between GVD Commercial Properties, Inc., and the City of Round Rock, Texas, which affects the property covered by the Memorandum of Lease, when recorded, will constitute a permitted and valid exception to the lease described in the Memorandum of Lease referred to above. IN WITNESS WHEREOF, GVD Commercial Properties, Inc., a California corporation and Mar Lu have caused this instrument to be executed effective the day of the month of , 2016. [signature pages follow] 00353711.DOC RELEASOR: GVD Commercial Properties, Inc., a California corporation Its: ACKNOWLEDGMENT THE STATE OF COUNTY OF This instrument was acknowledged before me on this the day of the month of , 2016, by , in the capacity and for the purposes and consideration therein expressed. Notary Public, State of 2 RELEASOR: Mar Lu Days, LLC, a Texas limited liability company, as successor in interest and assignee of TGI Fridays, Inc., a New York corporation an Its: ACKNOWLEDGMENT THE STATE OF COUNTY OF This instrument was acknowledged before me on this the day of the month of , 2016, by , in the capacity and for the purposes and consideration therein expressed. Notary Public, State of AFTER RECORDING RETURN TO: 3 City of Round Rock IROUND ROCK Agenda Item Summary Agenda Number: Title: Consider executing a Real Estate Contract with GVD Commercial Properties, Inc. for the purchase of right of way and public utility easement rights necessary for the University Boulevard Widening Project (Parcel 11). Type: City Manager Item Governing Body: City Manager Approval Agenda Date: 3/25/2016 Dept Director: Steve Sheets Cost: Indexes: Attachments: 00354211.PDF, 00354187.PDF Department: Legal Department Text of Legislative File CM -2016-1068 Consider executing a Real Estate Contract with GVD Commercial Properties, Inc. for the purchase of right of way and public utility easement rights necessary for the University Boulevard Widening Project (Parcel 11). The purchase price is equal to the City's appraised value for the property to be acquired. Staff recommends approval. City of Round Rock Page 1 Printed on 3/2412016