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CM-13-12-270ROUND ROCK, TEXAS RAMS" O%SGOIk PNOSYfRRY City of Round Rock Agenda Item Summary Agenda Number: Title: Consider executing a Right of Way Deed through Nelson Homestead Family Partnership, Ltd. with Taylor Morrison of Texas, Inc. for a tract of land containing approximately 0.395 acres. Type: City Manager Item Governing Body: City Manager Approval Agenda Date: 12/13/2013 Dept Director: Brad Wiseman, Planning and Development Services Director Cost: Indexes: Attachments: Right_of Way_Deed.pdf Department: Planning and Development Services Department Text of Legislative File CM -13-12-270 City of Round Rock Page 1 Printed on 12/19/2013 RIGHT OF WAY DEED NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING INFORMATION FROM 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. SPECIAL WARRANTY DEED STATE OF TEXAS COUNTY OF WILLIAMSON DATE: , 2013 GRANTOR: NELSON HOMESTEAD FAMILY PARTNERSHIP, LTD., a Texas limited partnership GRANTOR'S: 3404 Glenview Avenue ADDRESS Austin, Travis County, Texas 78703 Attn: John C. Nelson GRANTEE: TAYLOR MORRISON OF TEXAS, INC., a Texas corporation GRANTEE'S 11200 Lakeline Blvd., Suite 150A ADDRESS: Austin, Travis County, Texas 78717 Attn: Adib Khoury GRANTOR, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, including GRANTEE'S performance of its obligations under the restrictive covenants set forth below and subject to the matters and right of reverter set forth below, does hereby Grant, Bargain, Sell and Convey to GRANTEE the following tract or parcels of land in Williamson County, Texas: That certain tract of land containing approximately 0.395 acres, more or less, as more fully described on Exhibit "A" attached hereto and incorporated herein for all purposes (the "Property"). (W0602726.2} 1 CM -i3 -i2 -..VO TO HAVE AND TO HOLD the Property, together with all and singular the rights and appurtenances thereto in anywise belonging, to GRANTEE, its successors and assigns, forever; and GRANTOR does hereby bind itself, and its successors and assigns, to warrant and forever defend all and singular the Property unto GRANTEE, and its successors and assigns, against every person whosoever lawfully claiming or to claim the same or any part hereof, by, through or under GRANTOR, but not otherwise, subject, however, to: (i) the exceptions set forth on Exhibit "B", attached hereto and incorporated herein by reference; (ii) the restrictive covenants set forth below; (iii) the right of reverter retained by GRANTOR, as set forth below; and (iv) the liens securing real estate taxes for the current and all subsequent years and taxes, and related penalties and interest, for the year of closing and prior years arising due to a change in use or ownership of the Property, all of which real estate taxes, penalties and interest are hereby assumed by GRANTEE. The following restrictive covenants (the "Covenants") are hereby imposed upon the Property, will run with the land comprising the Property, and will be binding upon GRANTEE and its successors and assigns and benefit and be enforceable by GRANTOR, and its successors and assigns: (1) The Property may be used, improved and maintained solely for public road right-of-way purposes as depicted on the attached Exhibit "C" (the "Roadway"), and for the construction, maintenance and improvement of roadway facilities, utility facilities, drainage facilities and any other facilities depicted on final plans and specifications approved by GRANTOR pursuant to the provisions of Paragraph (5) below (collectively, the "Roadway Improvements"). The unused portion of CR 186 will be removed by GRANTEE. (2) GRANTOR's remaining property, being the remainder of the 63.8259 -acre tract identified in Exhibit "D" attached hereto and incorporated herein for all purposes (the "Remainder Property"), shall have access to and from the Roadway via the two (2) driveway entrances, generally as depicted on the attached Exhibit "C" (the "Driveway Entrances"). (3) Concurrently with its construction of the Roadway Improvements, GRANTEE will construct the Driveway Entrances. The Driveway Entrances will extend from the Roadway to the boundary line between the Property and the Remainder Property and shall be of concrete construction and shall include an associated driveway apron, curb returns and appropriately -sized drainage culverts (collectively, the "Driveway Improvements"). The final location and layout of the Driveway Entrances to be constructed must be approved by GRANTOR prior to GRANTEE's initiation of construction, which approval will not be unreasonably withheld or unduly delayed; provided that in all events the eastern Driveway Entrance (as shown on Exhibit "C" hereto) shall have a minimum width of forty feet (40') and the western Driveway Entrance (as shown on Exhibit "C" hereto) shall have a minimum width of thirty feet (30'). GRANTEE will obtain approval of the final location of the Driveway Entrances from any governmental entity with jurisdiction and provide GRANTOR with a copy of all required permits for the { W0602726.2 } 2 Driveway Improvements. Notwithstanding the foregoing, at GRANTOR'S option, GRANTOR may elect to defer construction of the western Driveway Entrance until such time as GRANTOR is ready to commence development of the Remainder Property. If GRANTOR makes such election by written notice to GRANTEE, GRANTEE shall be released from its obligation hereunder to construct the western Driveway Entrance, but GRANTOR's entitlement to the western Driveway Entrance as provided herein shall continue. (4) The Roadway Improvements must include appropriate facilities for the collection of all drainage and/or stormwater runoff from the Roadway and related right of way. No stormwater runoff or drainage may be diverted onto the Remainder Property or Driveway Entrances without an express easement for such drainage granted by GRANTOR in its sole discretion, and any such easements will be at GRANTEE's sole cost. (5) GRANTEE will provide the final paving plans for the Roadway Improvements within the Property, together with final plans and specifications for the Driveway Improvements, to GRANTOR for review and approval prior to the initiation of construction, which approval will not be unreasonably withheld or unduly delayed. All construction shall be in accordance with such plans and specifications as approved in writing by GRANTOR. GRANTEE acknowledges and agrees that it will not be unreasonable for GRANTOR to deny approval of the plans for the Roadway Improvements and Driveway Improvements if such improvements are not appropriate for service to commercial uses on the Remainder Property as determined by GRANTOR. Without limiting the generality of the foregoing, access between the westbound lanes of the Roadway and the eastern Driveway Entrance (in each direction) must be unimpeded by a median, and the eastern Driveway Entrance must be accessible from the westbound lanes of the Roadway via a separate turn lane or aisle. If GRANTEE breaches any of the Covenants, then, in addition to any other rights which GRANTOR may have, at law or in equity, GRANTOR will have the equitable remedies of mandamus and specific performance, it being acknowledged that the performance of the Covenants constitutes a portion of the consideration for the sale and purchase of the Property and that a failure by GRANTEE in the performance of its obligations under the Covenants could not be adequately compensated in money damages alone. Therefore, GRANTOR will have the express right to obtain a writ of mandamus against GRANTEE requiring GRANTEE to perform its obligations under the Covenants. Further, if GRANTOR institutes legal proceedings as a result of GRANTEE'S failure to comply with any of the Covenants, the prevailing party in the proceedings will be entitled to recover its reasonable and necessary attorneys' fees. Upon completion of construction of the Roadway Improvements and acceptance of same by the City of Round Rock, GRANTEE intends to convey title to the Property to the City of Round Rock. If requested by the City of Round Rock or GRANTEE at that time, GRANTOR agrees to execute and deliver an instrument in recordable form acknowledging that the Covenants have been satisfied, subject to GRANTOR's determination in its reasonable discretion that the Roadway Improvements and Driveway Improvements have been completed in accordance with the plans and specifications therefor as approved by GRANTOR. GRANTOR agrees to grant any temporary construction easements, slope easements and easements for lateral support structures which may reasonably be required on the Remainder Property to enable GRANTEE to construct and support the Roadway Improvements and the Driveway Improvements. Any temporary construction easement will require restoration of any damage to the Remainder Property upon completion of construction of the Roadway Improvements or the Driveway Improvements, as applicable. (W0602726.2) 3 In the event the portion of the Property to be used for the Roadway Improvements ceases to be used as a public roadway for any period in excess of twelve (12) consecutive months after completion of the Roadway Improvements, then the Property will revert to and vest in GRANTOR, and GRANTOR will be entitled to take immediate possession of the Property and to record in the Official Public Records of Williamson County, Texas, an instrument confirming that title to the Property has reverted to GRANTOR. GRANTOR will have the right to exercise the right of re-entry hereunder, to re -take title to the Property free and clear of any claims whatsoever of GRANTEE, its successors and assigns, and to immediately repossess the Property without the need of any court action. GRANTEE agrees, upon demand, to execute, acknowledge and deliver to GRANTOR any and all instruments that may be requested by GRANTOR to confirm or evidence the reversion of the Property to GRANTOR; provided, however, that GRANTEE will have 30 days to notify GRANTOR if GRANTEE contests GRANTOR'S right to exercise its right of reverter. If GRANTEE fails to contest GRANTOR'S rights and fails to execute, acknowledge and deliver any such instruments within 30 days following GRANTOR'S written demand, then GRANTOR will have the right, in addition to any other remedies GRANTOR may have, to execute, acknowledge and deliver such requested instruments as GRANTEE'S agent and attorney in fact, and GRANTEE hereby irrevocably names, constitutes and appoints GRANTOR as GRANTEE'S proper and legal agent and attorney-in-fact for such purpose. The power of attorney granted hereunder is and will be coupled with an interest. The foregoing notwithstanding, GRANTOR'S title to the Property in the event of reversion will be subject to (i) easements for any underground utilities previously constructed within the Property and (ii) easements for above -ground utilities previously constructed within the Property provided that any such above -ground utility easement instrument provides GRANTOR with the right to relocate and/or bury such above -ground utility facilities upon the occurrence of reversion hereunder, at GRANTOR'S option and expense. GRANTOR IS CONVEYING THE PROPERTY TO GRANTEE ON AN "AS IS" BASIS, AND WITHOUT ANY REPRESENTATIONS OR WARRANTIES OTHER THAN THE SPECIAL WARRANTY OF TITLE CONTAINED IN THIS DEED. GRANTEE AGREES THAT IT IS ACCEPTING THE PROPERTY BASED UPON ITS OWN STUDIES AND CONCLUSIONS, AND NOT BASED UPON ANY REPRESENTATIONS OR WARRANTIES OF GRANTOR OR ANY AGENT OF GRANTOR. GRANTOR SPECIFICALLY DISCLAIMS ALL IMPLIED WARRANTIES CONCERNING THE PROPERTY, INCLUDING THE IMPLIED WARRANTIES OF HABITABILITY, MERCHANTABILITY, OR FITNESS FOR A PARTICULAR PURPOSE. FURTHER, GRANTOR MAKES NO WARRANTIES REGARDING ENDANGERED SPECIES OR ENVIRONMENTAL CONDITIONS. GRANTEE ACKNOWLEDGES THAT THIS PROVISION IS A MATERIAL PORTION OF THE CONSIDERATION FOR THE SALE OF THE PROPERTY, AND ACKNOWLEDGES THAT GRANTOR WOULD NOT AGREE TO SELL THE PROPERTY ON ANY OTHER BASIS. The payment of taxes for the current and all subsequent years, as well as any taxes for the current and all prior years due to a change in land usage or ownership, and any related penalty or interest, is hereby assumed by GRANTEE. IN WITNESS WHEREOF, the undersigned have executed this instrument, which shall not become binding until signed by all parties, as of the date first above stated. [Signature page to follow] (W0602726.2) 4 Executed this the day of , 2013. (W0602726.2} GRANTOR: NELSON HOMESTEAD FAMILY PARTNERSHIP, LTD., a Texas Limited Partnership By: NELSON HOMESTEAD MANAGEMENT, LLC, a Texas limited liability company (its general partner) By: John C. Nelson, Manager GRANTEE: TAYLOR MORRISON OF TEXAS, INC., a Texas corporation By: Timothy J. Towell, Vice President By: Adib Khoury, Vice President APPROVED AS TO FORM AND CONTENT CITY OF ROUND ROCK, TEXAS, a home rule municipal corporation By; Name: ,57 -"PS- flit? I Title: G/T���P�� 5 STATE OF TEXAS COUNTY OF ACKNOWLEDGMENT BEFORE ME, the undersigned authority, on this day personally appeared John C. Nelson, Manager of Nelson Homestead Management, LLC, the general partner of Nelson Homestead Family Partnership, Ltd., known to me to be the persons whose names are subscribed to the foregoing instrument, and acknowledged to me that he executed said instrument. GIVEN under my hand and seal of office on this day of , 2013. STATE OF TEXAS COUNTY OF Notary Public, State of Texas ACKNOWLEDGMENT BEFORE ME, the undersigned authority, on this day personally appeared Timothy J. Towell, Vice President of Taylor Morrison of Texas, Inc., a Texas corporation, known to me to be the persons whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed said instrument. GIVEN under my hand and seal of office on this day of , 2013. Notary Public—State of Texas { W0602726.2) 6 STATE OF TEXAS COUNTY OF ACKNOWLEDGMENT § § § BEFORE ME, the undersigned authority, on this day personally Adib Khoury, Vice President of Taylor Morrison of Texas, Inc., a Texas corporation, known to me to be the persons whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed said instrument. GIVEN under my hand and seal of office on this day of , 2013. Notary Public—State of Texas (W0602726.2) 7 EXHIBIT A (Property Description) THE RIGHT OF WAY TRACT idPAPE-DAWSON ENGINEERS LAND DEVELOPMENT ENVIRONMENTAL TRANSPORTATION WATER RESOURCES SURVEYING FIELD NOTES FOR A 0.395 of an acre, or 17,204 square feet more or Tess, tract of land out of that certain 1629.95 acre tract conveyed to Nelson Homestead Family Partnership, LTD., in Special Warranty Deed recorded in Document No. 9824078 of the Official Public Records of Williamson County, Texas, situate in the Joseph Mott Survey No. 427, Williamson County, in the Extraterritorial Jurisdiction of the City of Round Rock, Texas. Said 0.395 acre tract being more fully described as follows, with bearings based on the North American Datum of 1983 (CORS 1996), from the Texas Coordinate System established for the Central Zone: BEGINNING: At a set '''A" iron rod with yellow cap marked "Pape -Dawson" at the southeast corner of a called 1.068 acre City of Round Rock tract recorded in Document No. 2012004203, of the Official Public Records of Williamson County, Texas and the remaining portion of that certain 1629.95 acre tract; THENCE: N 21°23'44" W, along and with the east line of said 1.068 acre tract and an cast lint of the remaining portion of said called 1629.95 acre tract, at 73.30 feet passing the northeast comer of said 1.068 acre tract and a point in the south right-of-way line of Williamson County Road No. 186, based on a variable width, in all a total distance of 85.55 feet to a calculated point in the occupied south right-of-way line of said Williamson County Road No. 186, the northwest comer of herein described tract; THENCE: N 68°30'04" E, along the occupied south right-of-way line of said Williamson County Road No. 186, with the north line of the remaining portion of said 1629.95 acre tract, a distance of 200.89 feet to a set '/2" iron rod with yellow cap marked "Pape -Dawson", the northwest corner of a called 300.48 acre tract, recorded in Volume 305, Pages 228-236, of the Deed Records of Williamson County. Texas; THENCE: S 21°01'46" E, departing the south right-of-way line of said Williamson County Road No. 186 and the north line of the remaining portion of said 1629.95 acre tract, along and with the west line of said called 300.48 acre tract and east line of the remaining portion of said 1629.95 acre tract, a distance of 85.97 feet to a set''/:" iron rod with yellow cap marked "Pape -Dawson"; THENCE: S 68°3T19" W, departing the west line of said called 300.48 acre tract and east line of the remaining portion of said 1629.95 acre tract, over and across the remaining portion of said 1629.95 acre tract, a distance of 200.34 feet to the POINT OF BEGINNING and containing 0.395 of an acre in the Page 1 of 2 AUSTIN / SAN ANTONIO / HOUSTON (W0602726.2) 7800 Shoal Creek Blvd.. Suite 220 West Austin. Texas 78757 P 5l2.4.54.87ti F 512.4.59.88(i7 www.pape-dawson.com A-1 0.395 of an Acre Job No. 50803-00 Page 2 of 2 Extraterritorial Jurisdiction of the City of Round Rock, Williamson County, Texas. Said tract being described in accordance with an exhibit prepared under job number 50803-00 by Pape -Dawson Engineers, Inc. PREPARED BY: Pape -Dawson Engineers, Inc. DATE: November 18, 2013 JOB NO.: 50803-00 DOC. ID.: H:\survey\CIVIL\50803-00\WORD\EX50803-00 TBPE Firm Registration #470 TBPLS Firm Registration #100288-00 CR 186 & University 0.395AC.doc {W0602726.2} A-2 PAPE-DAWSON ENGINEERS (W0602726.2) A-3 EXHIBIT B (Permitted Exceptions) (W0602726.2) B-1 EXHIBIT C (Site Plan) WIDTH REQUIRED PER TIA - 2 OUTBOUND LANES - t LEFT TURN LANE -2 INBOUND LANES PROPOSED ROW TOTAL BO' ROW - 4 LANE COLLECTOR - NO MEDIAN - 17 CENTER TWO-WAY LEFT TURN LANE 4 STACKIN 20D' APPROXIMATE DRIVEWAY LOCATION TO BE COORDINATED WITH THE CIT Y!LANDOWNF_R TO SOUTH APPROXIMATE ADDTi1ONAL RIGHT INRIGHT OUT DRIVEWAY TO BE DETERMINED AT SITE PLAN TAPER TO ROW REQUIRED PER TIA LOCAL COLLECTOR, NO PARKING hELSONAO1FS7EADFMALY PARINERGIP, LiD. 36"PPURE EASEVENT - VOL SST,Fa420 CLEO RECORDS KttLIAIWYCOUNTY, MOM NOTE: UNUSED PORTION OF CR 186 TO BE REMOVED BY THE GRANTEE. EXHIBIT SCALE: 1-= 200. 700'10C ;Or' 4j JOB No. SCRs -a ' DATE 12/x/13 UESIGAER CHECKDRAWN 1E a4 t ID mkeOlin tf. raa b ..D$114.T.. i EEI 2 of 2 (W0602726.2) CR 186 / TERAVISTA CLUB DRIVE 1 vm,PallINSIMWSON AW GRIMES INTERSECTION FIR ENIUNEERS PROPOSED ROADWAY C ROUND ROCK, TEXAS f4:4 :.Y..is ••a ,I AN.,. 7141 ,V1 1 w r•!. a,. r4 f�2l�.W twR.gh fwtTD ID).o r ...110reiP I.ot+IPV 4E4) .Er alr w fir tNMrar WM> £F.4.111 mnU.P.1.t+IW1.I.. EL C-1 4 EXHIBIT D (Identification of Remainder Property) 63.8259 acre tract of land, more or less, out of the Mott, J. Survey, Abstract No. AW0427, Williamson County, Texas, known as WCAD Tax Parcel No. R056317 (W0602726.2) D-1