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CM-2016-1220 - 10/25/2016REAL ESTATE CONTRACT Heritage Trail THIS REAL ESTATE CONTRACT ("Contract") is made by and between KAHA PROPERTIES, LLC, (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 2.354 acre tract of land, more or less, out of and situated in the P.A. Holder Survey, Abstract No. 297 in Williamson County; being more fully described in Exhibit "A", attached hereto and incorporated herein Parcel 6) 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", and the acquisition of any improvements on the Property, shall be the sum of THIRTY FIVE THOUSAND THREE HUNDRED SEVENTY ONE and 00/100 Dollars ($35,371.00). Payment of Purchase Price 2.02. The Purchase Price shall be payable in cash at the Closing. Ali -ZOIC -122-0 00363285.DOC 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 perfonned, 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. ARTICLE V CLOSING Closing Date 5.01. The Closing shall be held at the office of Independence Title Company on or before November 7"', 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"). 2 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 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) 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. 3 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. 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. M 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. 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. SELLER: KAHA PROPERTIES, LLC Keith Hickman, Manager Rebecca Hickman,"Manager l Date: � r no Address:% C �r i U Jr v � l r PURCHASER: CITY OF ROUND ROCK, TEXAS Date: Address: 221 East Main St. Round Rock, Texas 78664 Page 1 of 5 County: Williamson 08/17/16 Parcel: Parcel 6 (KAHA Properties) Project: Heritage Trail EXHIBIT A PROPERTY DESCRIPTION FOR PARCEL 6 DESCRIPTION OF A 2.354 ACRE (102,535 SQUARE FOOT), TRACT OF LAND SITUATED IN THE P. A. HOLDER SURVEY, ABSTRACT NO. 297, IN WILLIAMSON COUNTY, TEXAS, BEING ALL OF THE REMAINDER OF THAT CALLED 3.708 ACRE TRACT (TRACT 1) OF LAND CONVEYED TO KAHA PROPERTIES BY INSTRUMENT RECORDED IN DOCUMENT NO. 2012046864 OF THE OFFICIAL PUBLIC RECORDS OF WILLIAMSON COUNTY, TEXAS, SAID 2.354 ACRE (102,535 SQUARE FOOT) TRACT OF LAND BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING at a 1/2" iron rod found in the easterly boundary line of said Tract 1, being the most southerly southwest corner of that called 20.895 acre tract of land conveyed to the FSC Rocking Horse Ranch Associates, LLC by instrument recorded in Document No. 2012022307 of the Official Public Records of Williamson County, Texas, same being the most northwesterly corner of that called 5.3992 acre tract of land conveyed to the City of Round Rock, Texas by instrument recorded in Document No. 9712000 of the Official Records of Williamson County, Texas; 1) THENCE, departing said 20.895 acre tract, with the common boundary line of said Tract 1 and said 5.3992 acre tract, S 02°03'22" E, passing at a distance of 29.62 feet the called southeasterly corner of said Tract 1, and continuing for a total distance of 219.80 feet to the approximate centerline of Brushy Creek, being the southwesterly corner of said 5.3992 acre tract, same being in the northerly boundary line of that called 10.727 acre tract of land conveyed to Tilden W. and Kimberly J. Baack by instrument recorded in Document No. 2000036940 of the Official Public Records of Williamson County, Texas, for the southeasterly corner of the herein described tract; THENCE, departing said 5.3992 acre tract, with said approximate centerline of Brushy Creek, same being the common boundary line between said Tract 1 and said 10.727 acre tract, represented by the following three (3) courses (for area calculations only): 2) N 48°34'04" W, for a distance of 251.52 feet to a calculated angle point; 3) N 13°53'07" E, for a distance of 106.14 feet to a calculated angle point; 4) N 65°45'30" W, for a distance of 2.46.30 feet to a calculated angle point, being the southeasterly comer of that called 0.317 acre tract of land conveyed to said Tilden W. and Kimberly J. Baack by instrument recorded in said Document No. 2000036940 of the Official Public Records of Williamson County, Texas, for the southwesterly corner of the herein described tract; THENCE, departing said 10.727 acre tract, with the common boundary line of said Tract 1 and said 0.317 acre tract, the following three (3) courses: 5) N 11 °31'44" E for a distance of 45.45 feet to a calculated point of curvature to the left; 6) along said curve to the left, having a delta angle 80°00'01", a radius of 95.02 feet, an arc length of 132.68 feet and a chord which bears, N 28°28'16" W for a distance of 122.16 feet to a calculated point of reverse curvature to the right; 7) along said curve to the right, having a della angle 33°11'38", a radius of 55.01 feet, an arc length of 31.87 feet and a chord which bears, N 51°52'19" W for a distance of 31.43 feet to a capped iron rod stamped "MBC" found, being the most westerly southwest corner of said 20.895 acre tract, for the northwesterly corner of the herein described tract, and from which a capped iron rod stamped "MBU' found, being the northwesterly corner of said 20.895 acre tract, same being the northeasterly corner of said 0.317 acre tract bears N 06°17'30" E at a distance of 113.81 feet; County: Williamson Parcel: Parcel 6 (KAHA Properties) Project: Heritage Trail Page 2 of 5 08/17/16 THENCE, departing said 0.317 acre boundary line, with the common boundary line of said Tract 1 and said 20.895 acre tract, the following two (2) courses: 8) S 77°37'40" E for a distance of 456.21 feet to a 1/2" iron rod found, being an angle point in the westerly boundary line of said 20.895 acre tract, for the northeasterly corner of said Tract 1 and the herein described tract; 9) S 02003'22" E for a distance of 224.67 feet to the POINT OF BEGINNING, containing 2.354 acres, (102,535 square feet) of land, more or less. This property description is accompanied by a separate parcel plat. All bearings recited herein are based on the Texas State Plane Coordinate System, Central Zone No. 4203, NAD 83 THE STATE OF TEXAS § § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF WILLIAMSON § That I, Lawrence M. Russo, a Registered Professional Land Surveyor, do hereby certify that the above description is true and correct and that the property described herein was determined by a survey made on the ground under my direct supervision. WITNESS VX HAND AND SEAL at Round Rock, Williamson County, Texas. Lawren a M. Russo . t Relit red Professional Land Surveyor No. 506 Inland Geodetics, LLC Firm Registration No: 100591-00 �, `�.• g t•1.,��'� 1504 Chisholm Trail Road, Suite 103 Round Rock, TX 78681 LAWnITC M. nu«P10io SI_CORR-PROJECTS/PARKS & REC/HERITAGE TRAIUPARCELS/KAHA PARCEL6-REV3.DOC Date /1 1 1 PLAT TO ACCOMPANY DESCRIPTION U. S. 79 (VARM&E W/DTH ROW) r G X10 EXISTING R.O.W. LOT 1 3 BLOCK "A" i•) —I W w DISTANCE o m.�o• rn. tlMMro N11'31'44"E 01 OPUS SUBDIVISION 0-0- CAB. 0, SLIDE 41 CONTROL AND IMPROVEMENT P.R.W.C.T. (95.00') `- - �---\`�OrC? r . TILDEN W. & N Lai _ U) a ~ KIMBERLY J. BAACK (0.317 AC) DOC. N0. 2000036940 U, 7) (C2) n� J \\O.P.R.W.C.T. C, t2 m n 6 10 NO. DIRECTION DISTANCE L1 N11'31'44"E 45.45' (Li) (S14'59'03"1'/ (45.49') S77'37'40 13. 4" E .456-21, (S>5'05'I4'E 456.05) 456.61') \ \ KAHA PROPERTIES \ TRACT 1 I \ (REMAINDER OF 3.708 AC.) RUsyy , DOC. NO. 2012046864 O.P.R.W.C.T. (S64 480 44) (41,61' S 3 2 16,ty TILDEN W. & KIMBERLY J. BAACK (10.727 AC) DOC. NO. 2000036940 O.P.R.W.C.T. O 2.354 AC. ' 102,535 SQ. FT. 643 0' o r� 0 50 100 iV 1"i m 41�� , 1 " = 100' FSC ROCKING HORSE RANCH ASSOCIATES, LLC (20.895 ACRES) DOC. NO. 2012022307 O.P.R.W.C.T. 0 0 OLJ,rFi-) JhoV—F'y RADIUS LENGTH CHORD r J/I CT /�1J, � 11 �T BRUSHY CREEK WATER 95.02' o w w r� �J 1 CONTROL AND IMPROVEMENT (Ct) (95.00') (132.65') DISTRICT (0.16 ACRES) VOL. 1619, PG. 354 (ti N Lai _ U) a ~ 55.01' D.R.W.C.T. V6- 6R1j. U, 7) (C2) LOWER COLORADO RIVER AUTHORITY .r�� jy C, t2 m n 6 10 (S48'25'00"E) (0.16 ACRES) Sj DOC. NO. 9716211 O.R.W.C.T. NUMBER DELTA RADIUS LENGTH CHORD CHORD BEARING Cl 80'00'01" 95.02' 132.68' 122.16' N28'28'16"W (Ct) (95.00') (132.65') (122.13') (S25'00'57"E C2 33'11'38" 55.01' 31.87' 31.43' N51'52'19"W (C2) (55.00') (31.87') (31.42) (S48'25'00"E) Ll 1 N I_A N Du GE0DETICS PROFESSIONAL LAND SURVEYORS 1504 CHISHOLM TRAIL RD. STE. 103 ROUND ROCK, TX. 78681 PII.(512)238-1200,FAX(S12)238-1251 FIRM REGISTRATION NO. 100591-00 PARCEL 6 2.354 ACRES 102,535 SQUARE FEET r 4 N 04 04 N BRUSHY CREEK WATER p CONTROL AND N IMPROVEMENT DISTRICT 0 (0.36 ACRES) (n VOL. 1619, PG. 361 D.R.W.C.T. . l o�\ 00 00 .N iWw N u) N !n M rn o N bo CIN OF ROUND CS In ROCK, TEXAS v (5.3992 AC.) DOC. NO. 971200( /.C.T. (N6>. 3S19B (S>o 361 17,02 U8/ 1 //2U16 PAGE 3 OF 51 IA1 LEGEND PLAT TO ACCOMPANY DESCRIPTION O IRON ROD WITH CAP FOUND O.P.R.W.C.T. OFFICIAL PUBLIC RECORDS O 1/2' IRON ROD FOUND WILLIAMSON COUNTY, TEXAS UNLESS NOTED P.U.E. PUBLIC UTILITY EASEMENT CALCULATED POINT P.O.B. POINT OF BEGINNING F� PROPERTY LINE ( ) RECORD INFORMATION D.R.W.C.T. DEED RECORDS WILLIAMSON COUNTY, TEXAS P.R.W. C. T. PLAT RECORDS WILLIAMSON COUNTY, TEXAS 0. R. W. C. T. OFFICIAL RECORDS WILLIAMSON COUNTY, TEXAS 1) All bearings shown hereon are based on grid bearing. All distances are surface distances. Coordinates are surface values based on the Texas State Plane Coordinate System, NAD 83, Central Zone using a combined surface adjustment factor of 1.00013. THE SURVEY SHOWN HEREON WAS PREPARED IN CONJUNCTION WITH THAT COMMITMENT FOR TITLE INSURANCE GF NO. 1609685—GTN, ISSUED BY TITLE RESOURCES GUARANTY COMPANY, EFFECTIVE DATE MARCH 14, 2016, ISSUE DATE MARCH 22, 2016. 1. RESTRICTIVE COVENANTS: DOCUMENT NO. 9609150, OFFICIAL RECORDS OF WILLIAMSON COUNTY, TEXAS, SUBJECT TO. 10H. TEXAS POWER & LIGHT EASEMENT RECORDED IN VOLUME 308, PAGE 54, DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, DOES NOT AFFECT. I. TEXAS POWER & LIGHT EASEMENT RECORDED IN VOLUME 375, PAGE 621, DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, FROM ITS DESCRIPTION CANNOT BE LOCATED. J. LONE STAR GAS COMPANY EASEMENT RECORDED IN VOLUME 351, PAGE 331, DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, AND MODIFIED OR AMENDED IN VOLUME 947, PAGE 60, OFFICIAL RECORDS OF WILLIAMSON COUNT,Y TEXAS, DOES NOT AFFECT. K. TEXAS POWER & LIGHT EASEMENT RECORDED IN VOLUME 353, PAGE 133, DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, DOES NOT AFFECT. L. TEXAS POWER & LIGHT EASEMENT RECORDED IN VOLUME 443, PAGE 188, DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, DOES NOT AFFECT. M. ACCESS EASEMENT RECORDED IN VOLUME 518, PAGE 283, DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, DOES NOT AFFECT. N. TEXAS POWER & LIGHT EASEMENT RECORDED IN VOLUME 608, PAGE 250, DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, DOES NOT AFFECT. 0. ACCESS AND UTILITY EASEMENT RECORDED IN VOLUME 846, PAGE 161 AND VOLUME 846, PAGE 762, DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, DOES NOT AFFECT. I N LA N Du GEODETICS PROFESSIONAL LAND SURVEYORS 1504 CHISHOLM TRAIL RD. STE. 103 ROUND ROCK, TX. 78681 PH. (512) 238-1200, FAX (512) 238-1251 a FIRM REGISTRATION NO. 100591-00 F PARCEL 6 2.354- ACRES 102,535 SQUARE FEET S:\ CORK-PROJECTSIPARKS-RECWERITAGETRAIMTOWN AVE-GRIL.IES4PARCELMAHAEAST PARCEL WAIWEAST-6-0817%dwg 08/17/2016 PAGE 4 OF 5 PLAT TO ACCOMPANY DESCRIP7 ON P. BRUSHY CREEK WATER CONTROL AND IMPROVEMENT DISTRICT EASEMENT RECORDED IN VOLUME 1619, PAGE 354 OFFICIAL RECORDS OF WILLIAMSON COUNTY, TEXAS, AFFECTS AS SHOWN. Q. LOWER COLORADO RIVER AUTHORITY EASEMENT RECORDED IN DOCUMENT NO. 9716211, OFFICIAL RECORDS OF WILLIAMSON COUNTY, TEXAS, AFFECTS AS SHOWN. R. CITY OF ROUND ROCK WATERLINE EASEMENT RECORDED IN DOCUMENT NO. 9808233, OFFICIAL RECORDS OF WILLIAMSON COUNTY, TEXAS, DOES NOT AFFECT. S. AUSTIN ROCKING HORSE RANCH, LTD. PRIVATE WASTEWATER EASEMENT RECORDED IN DOCUMENT NO. 9819011, OFFICIAL RECORDS OF WILLIAMSON COUNTY, TEXAS, DOES NOT AFFECT. T. PRIVATE WASTEWATER EASEMENT RECORDED IN DOCUMENT NO. 9838400, OFFICIAL RECORDS OF WILLIAMSON COUNTY, TEXAS, DOES NOT AFFECT. I HEREBY CERTIFY THAT THIS PLAT IS TRUE AND CORRECT AND THAT THE PROPERTY SHOWN HEREON WAS DETERMINED BY A SURVEY MADE ON jGROUND UNDER MY DIRECT SUPERVISION. AWRENCE M. RUSSO DA;(E `) EGISTERED PROFESSIO AL LAND SURVEYOR NO. 5050 LICENSED STATE LAND SURVEYOR FIRM REGISTRATION NO. 100591-00 1504 CHISHOLM TRAIL ROAD, SUITE 103 ROUND ROCK, TEXAS 78681 I N LAN Du GEODETICS - PROFESSIONAL LAND SURVEYORS 1504 CHISHOLM TRAIL RD. STE. 103 ROUND ROCK, TX. 78681 PH. (512) 238-1200, FAX (512) 238-1251 1 FIRM REGISTRATION NO. 100591-00 r PARCEL 6 2.354 ACRES 102,535 SQUARE FEET 08/17/2016 PAGE 5 OF 5 Parcel 6 EXHIBIT "B" DEED Heritage Trail 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 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 KAHA PROPERTIES, LLC, 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 Williamson County, 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 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, along with any improvements thereon, being more particularly described as follows: All of that certain 2.354 acre tract of land, out of and situated in the P.A. Holder Survey, Abstract No. 297 in Williamson County; being more fully described in Exhibit "A", attached hereto and incorporated herein Pareel 6 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, and encumbrances for taxes and assessments (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. 00363286.DOC 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 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. IN WITNESS WHEREOF, this instrument is executed on this the � -�) day of 2016. GRANTOR: KAHA PROPERTIES, LLC Keith Hickman, Manager By Rebecca Hickman,' anagen ACKNOWLEDGMENT STATE OF TEXAS COUNTY OF / E 1,,,r This instrument was acknowledged before me on this the --:� day of 0C2 2015 by Keith Hickman and Rebecca Hickman, in the capacity and for the purposes and consideration recited therein. Notary Public, State of Texas 2. ROSE M SPEAKER Notary Public State of Texas My Comm. Expi es 12-27-2017 PREPARED IN THE OFFICE OF: Sheets & Crossfield, P.C. 309 East Main Round Rock, Texas 78664 GRANTEE'S MAILING ADDRESS: City of Round Rock, Texas Attn: City Manager 221 East Main Street Round Rock, Texas 78664 AFTER RECORDING RETURN TO: 3. City of Round Rock IROASO ROCK Agenda Item Summary Agenda Number: Title: Consider executing a Real Estate Contract with KAHA Properties, LLC for the purchase of a 2,354 acre tract necessary for the Brushy Creek Trail Project (Parcel 6). Type: City Manager Item Governing Body: City Manager Approval Agenda Date: 10/21/2016 Dept Director: Rick Atkins, Director Cost: $35,371.00 Indexes: 2014 General Obligation Bonds Attachments: LAF - Real Estate Contract w-KAHA Properties, LLC - Parcel 6 (00365975xA08F8).pdf, KAHA(6)--contract for 2.354 acre whole property- -Heritage Trail (signed by owners) (00365365xA08F8).pdf Department: Parks and Recreation Department Text of Legislative File CM -2016-1220 Consider executing a Real Estate Contract with KAHA Properties, LLC for the purchase of a 2,354 acre tract necessary for the Brushy Creek Trail Project (Parcel 6). This item will authorize the City Manager to execute a real estate contract with KAHA Properties for the purchase of a 2.354 acre tract necessary for the Brushy Creek Trail - Georgetown to A.W. Grimes Blvd. While only a portion of the property was required for the trail to be built, PARD recommends purchase of the entire parcel of land for its appraised value. This portion of trail will consist of an 10' wide concrete trail section connecting A.W. Grimes Blvd. to Georgetown St. and will eventually connect to Heritage Trail. This trail section has been identified as one of the highest priority trail gaps in the most recent trails master plan update. $35,371.00 2014 General Obligation Bonds City of Round Rock Page 1 Printed on 1012012016 Agenda Item Summary Continued (CM -2016-1220) Department official recommends approval of this item. City of Round Rock Page 2 Printed on 1012012016