G-93-04-22-8A - 4/22/1993ORDINANCE NO. t1 - 93- 04- - 8A
AN ORDINANCE ESTABLISHING AN ECONOMIC DEVELOPMENT
PROGRAM TO PROMOTE LOCAL ECONOMIC DEVELOPMENT
AND TO STIMULATE BUSINESS AND COMMERCIAL ACTIVITY IN
THE CITY OF ROUND ROCK; PROVIDING FOR A SAVINGS
CLAUSE AND REPEALING CONFLICTING ORDINANCES OR
RESOLUTIONS.
WHEREAS, 5380.001 Local Government Code provides that the
governing body of a municipality may establish and provide for the
administration of one or more programs, including programs for
making loans and grants of public money to promote local economic
development and to stimulate business and commercial activity in
the municipality, and
WHEREAS, Investex Financial Limited Liability Company
("Investex") has purchased Lot 1 of Corridor Park I, a subdivision
in Travis County, Texas ("Property") for the purpose of locating a
food processing facility, and
WHEREAS, Corridor Place is a cul-de-sac which is located
adjacent to the Property on three sides, shown more fully in
Exhibit A attached hereto, said cul-de-sac hereinafter referred to
as "Corridor Right -of -Way", and
WHEREAS, the Corridor Right -of -Way is not necessary to
provide access to the proposed food processing facility, and
WHEREAS, the conveyance of the Corridor Right -of -Way to
Investex would be beneficial to the operation of the food
processing facility, and
OR04223A
WHEREAS, the Corridor Right -of -Way has been appraised for the
sum of Forty -Two Thousand Dollars ($42,000.00), and
WHEREAS, the City Council has determined that the grant and
conveyance of the Corridor Right -of -Way to Investex qualifies as a
program under the authority of §380.001 Local Government Code, Now
Therefore
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF ROUND ROCK,
TEXAS, THAT:
I.
This Ordinance is adopted pursuant to the authority of
§380.001 Local Government Code.
II.
That City Council finds that the recitals set forth above are
true and that the grant and conveyance of the Corridor Right -of -Way
to Investex is a program that will promote local economic
development and stimulate business and commercial activity in the
City of Round Rock.
III.
Subject to the agreement of Investex to construct a food
processing facility on the Property, the Mayor is hereby authorized
to execute a special warranty deed conveying the Corridor Right -of -
Way to Investex. The deed shall contain a provision that the
conveyance will revert to the City in the event the food processing
facility is not completed.
IV.
A. All ordinances, parts of ordinances, or resolutions in
conflict herewith are expressly repealed.
2.
B. The invalidity of any section or provision ,of this
ordinance shall not invalidate other sections or provisions
thereof.
Alternative 1.
By motion duly made, seconded and passed with an affirmative
vote of all the Council members present, the requirement for
reading this ordinance on two separate days was dispensed wit
READ, PASSED, and ADOPTED on first reading this
of (IL1aJUJLJ , 1993.
day
Alternative 2.
READ and APPROVED on first reading this the day of
, 1993.
READ, APPROVED and ADOPTED on second reading this the
day of , 1993.
ATTEST:
f 46/2 in/n 2A/
NE LAND, City Secretary
MIKE ROBINSON, Mayor
City of Round Rock, Texas
3.
EXHIBIT "A"
SURVEY
x+7977.5:'2 1'
2'
4.):'19'1" 664 39
TRACT 1
34.271 ACRES
S_,,
.1:51.1 • 323.58'
E 313
514
LOT 1
ORR:DOR ?;,RK 1
BK. 25, ?G5. &5''1"—E5B
P. E5:,__77',0r' CO6PZP1.1IOn AS 07N =RV/— 3R
Z0 5V451 D[R
F1A: �SAVL51 5
AOL 10442. PG 234
L- 5:•2: 31'44 8.968 - -
313211 G8'• 156 94.
BRATTON LANE
z.r' 3!'.
1R 0r ,49 :$
DATE: April 20, 1993
SUBJECT: City Council Meeting, April 22, 1993
ITEM: 8.A. Consider an ordinance establishing an Economic Development
Program for Investex LLC pursuant to Section 380.001 of the
Local Government Code. (First Reading)
STAFF RESOURCE
PERSON: Joe Vining
STAFF
RECOMMENDATION: Approval
CASH WARRANTY DEED
Date: September 7, 1993
Grantor: City of Round Rock, Texas, a Texas home rule municipal
corporation
Grantor's Mailing Address (including county):
City of Round Rock, Texas
221 E. Main St.
Round Rock, Texas 78684
Williamson County
Grantee: Investex Financial Limited Liability Company, a Texas
limited liability company
Grantee's Mailing Address (including County):
Investex Financial Limited Liability Company
13218 Tamayo Drive
Austin, Texas 78729
Travis County
CONSIDERATION: TEN AND NO/100 DOLLARS and other good and valuable
consideration.
PROPERTY (including any improvements):
A 1.121 acre tract of land out of the William Bratton Survey
No. 1103, Abstract No. 100, situated in Travis County, Texas,
as more fully described in Exhibit "A", attached hereto and
invorporated herein.
RESERVATIONS FROM AND EXCEPTIONS TO CONVEYANCE AND WARRANTY:
Easements, rights-of-way, and prescriptive rights, whether of
record or not; all presently recorded instruments, other than liens
and conveyances, that affect the property; taxes for the current
year, the payment of which Grantee assumes.
Grantor, for the consideration, receipt of which is
acknowledged, and subject to the reservations from and exceptions
to conveyance and warranty, grants, sells and conveys to Grantee
the property, together with all and singular the rights and
appurtenances thereto in any wise belonging, to have and hold it to
Grantee, Grantee's heirs, executors, administrators, successors or
assigns forever. Grantor's heirs, executors, administrators and
successors are hereby bound to warrant and forever defend all and
singular the property to Grantee and Grantee's heirs, executors,
administrators, successors and assigns against every person
whomsoever lawfully claiming or to claim the same or any part
thereof, except as to the reservations from and exceptions to
CASH WARRANTY DEED - PAGE 1
conveyance and warranty.
When the context requires, singular nouns and pronouns include
the plural.
City of•o d Rock, Texas
BY:
ACKNOWLEDGMENT
STATE OF TEXAS
COUNTY OF Williamson
This instrument was acknowledged before me on September `T / 99
by Charles Culpepper, Mayor of the City of Round Rock, Texa6, a
Texas home ' al corporation, on behalf of said city.
sTPP A'PU'��r
." CARMINE R. MARTNEZ
v k Fky tannasinn ExpiS 03-06"37
OkUltytfic R LN,a,
Notary Public, State of Texas
PREPARED IN THE OFFICE OF:
Stephan L. Sheets & Associates, P.C.
309 E. Main St.
Round Rock, Texas 78664
AFTER RECORDING RETURN TO:
CASH WARRANTY DEED - PAGE 2
AUG -27-1993 16:58 FROM BURY & PITTMAN, INC.
TO 25'111;76
F' . m
FN NO. 93-079 (LRS)
APRIL 23, 1993
PAGE 2
11) along a curved return to the left having a radius of 20.00
feet, a central angle of 89°55'46", a chord distance of 28.27
feet (chord bears N10°32'33"E), an arc distance of 31.39 feet
to a 1/2 inch iron rod found at a point of tangency in the
south line of the above mentioned Jarrett Wa
being the
north line of the said Lot 1, Corridor Park I sa and the most
northwesterly corner of the tract described herein;
THENCE, S34°25'20"E, along the south line of the said Jarrett Way,
same being the north line of the portion of the Corridor Place
right-of-way to be vacated, a distance of 99.99 feet to the POINT
OF BEGINNING, containing 1.121 acres of land area (more or less)
within these metes and bounds.
STATE OF TEXAS
COUNTY OF TRAVIS
KNOW ALL BY THESE PRESENTS
THAT I, LYNN R. SAVORY, A REGISTERED PROFESSIONAL LAND SURVEYOR, DO
HEREBY CERTIFY THAT THE ABOVE DESCRIPTION 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 AUSTIN, TRAVIS COUNTY, TEXAS THIS 23RD
DAY OF APRIL, 1993 A.D.
BURY & PITTMAN, INC.
ENGINEERS -SURVEYORS
3345 BEE CAVES ROAD, SUITE 200
AUSTIN, TEXAS 78746
N R. SA*:RY,
NO. 4598
STATE OF TEXAS
.L.S.
AUG -27-1993 16:57 FROM BURY 2,
1.121 ACRES
RELEASE OF A PORTION OF
CORRIDOR PLACE R.O.W.
T TTNA
EXHIBIT
4,
DESCRIPTION
TO 2F56576 P.02
FN NO. 93-079 (LRS)
APRIL 23, 1993
BPI JOB NO. 551-01.00
OF A 1.121 ACRE TRACT OR PARCEL OF LAND OUT OF THE WILLIAM BRATTON
SURVEY NO. 103, ABSTRACT NO. 100, SITUATED IN TRAVIS COUNTY, TEXAS,
BEING A PORTION OF THE CORRIDOR PLACE RIGHT-OF-WAY, THE SAID RIGHT-
OF-WAY HAVING BEEN DEDICATED TO THE PUBLIC BY THE CORRIDOR PARK I
SUBDIVISION PLAT, A SUBDIVISION PLAT OF RECORD IN BOOK 85 PAGES
185C -185D OF THE PLAT RECORDS OF TRAVIS COUNTY, TEXAS; THE SAID
1.121 ACRES BEING THAT PORTION OF THE CORRIDOR PLACE RIGHT-OF-WAY
WHICH LIES SOUTH OF THE JARRETT WAY RIGHT-OF-WAY, A DEDICATED
PUBLIC ROADWAY (60 FOOT R.O.W.); THE SAID 1.121 ACRES BEING MORE
PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS:
BEGINNING at a 1/2 inch iron rod found in the southerly right-of-
way line of said Jarrett Way, same being the northerly line of Lot
1 of the said Corridor Park I Subdivision, for the most northerly,
northeast corner of the herein described tract and the point of
curvature of a curved return to the left;
THENCE, leaving the south line of the said Jarrett Way, along the
common line between the said Corridor Place right-of-way and the
said Lot 1, the following eleven (11) courses and distances:
1) along the said curved return to the left, having a radius of
20.00 feet, a central angle of 89°50'26", a chord distance of
28.24 feet (chord bears N79°21'32"W) , an arc distance of 31.36
feet to a 1/2 inch iron rod found at a point of non -tangency;
2) S55°30'26"W, 100.57 feet to a 1/2 inch iron rod found for the
point of curvature of a non -tangent curve to the left;
3) along the said non -tangent curve to the left, having a radius
of 270.00 feet, a central angle of 32°59'21", a chord distance
of 153.32 feet (chord bears S39°03'28"W, an arc distance of
155.46 feet to a 1/2 inch iron rod found at the point of non -
tangency;
4) S22°32'42"W, 323.68 feet to a 1/2 inch iron rod found for the
point of curvature of a non -tangent curved return to the left;
5) along the said curved return to the left, having a radius of
20.00 feet, a central angle of 51°15'20", a chord distance of
17.30 feet (chord bears S03°04'58"E) , an arc distance of 17.89
feet to a 1/2 inch iron rod set at a point of reverse
curvature with a cul-de-sac curve to the right;
6) along the said curve to the right, having a radius of 60.00
feet, a central angle of 282°38'08", a chord distance of 75.00
feet (chord bears N67°23'34"W) , an arc distance of 295.98 feet
to a 1/2 inch iron rod found for the point of reverse
curvature with a curved return to the left;
7 along the said curve return to the left, having a radius of
20.00 feet, a central angle of 51°22'48", a chord distance of
17.34 feet (chord bears N48°14'06"E), an arc distance of 17.94
feet to a 1/2 inch iron rod found for the point of tangency;
8) N22°32'42"E, 323.58 feet to a 1/2 inch iron rod found for the
point of curvature of a curve to the right;
9 along the said curve to the right, having a radius of 330.00
feet, a central angle of 32°59'27", a chord distance of 187.40
feet (chord bears N39°03'24"E), an arc distance of 190.01 feet
to a 1/2 inch iron rod found at a point of non -tangency;
10) N55°30'26"E, 100.58 feet to a 1/2 inch iron rod found for the
point of curvature of a curved return to the left;
AUG -27-1993 16:59 FROM BURY '& PITTMAN, INC.
f
w
0
) Z
L� j
n
m
LEGEND
• 1/2" IRON ROD FOUND
P.O.B. POINT OF BEGINNING
(XXX) RECORD INFORMATION
0
Co
7
TO :'555676 P.04
0 50 100 150 200
1 "=100'
LOT 5
RESUBDIVISION Of THE REMAINDER
OF LOT 2, CORRIDOR PARK 1
BK. 87, PGS. 140D -141A
(C1)
C1
0)
/
/
/
/
/
C7
(C7)
•Ak ,01:51-
05
LOT 4
CORRIDOR PARK 1
BK. 85,
PGS. 55D -65B
P.O.B.
'A
• LOT l
�R7/
CORRIDOR PARK 1
• tf\�� O BK. 85, PGS. 65D --66B
3 M \
O4 ry
awryRESOLUTION TRUST CORPORATION AS CONSERVATOR
ry ryry / Of SUNBELT FEDERAL SAVINGS F.S.B.
VOL. 10442, PG. 234
C3
/ (C3)
\ I
' J)
RECORD CURVE TABLE
No.
Dolto
Rodius
Arc
Chord
Chord 8eorina
C1
90'00'00"
20.00
31.42
28.28
N1032'32"E
C2
33'00'00"
330.00
190.07
187.45
N39'02'32"E
C3
5119'04'
20.00
17.91
17.32
N4812'04"E
C4
282'38'08"
60.00
81.02
75.00
N67'27'28"W
C5
5119'04"
20.00
17.91
17.32
S03'07'00"E
C6
33'00'00'
270.00
155.51
153.37
S39'02'32'W
C7
90'00'00"
20.00
31.42
28.28
N79'27'28"W
CURVE TABLE
No.
Delta
Radius
Arc
Chord
Chord Bearing
C1
89'55'46"
20.00
31.39
28.27
N1012133"E
C2
32'59'27"
330.00
190.01
187.40
N39'03'24"E
C3
51'22'48"
20.00
17.94
17.34
N4814'06"E
C4
282'38'08"
60.00
295.98
75.00
N6723'34"W
C5
5115'20"
20.00
17.89
17.30
SO3'04'58"E
C6
32'59'21"
270.00
155.46
153.32
539'03'28"W
C7
89'50'26"
20.00
31.36
28.24
N79'21'32"W
Bury+Pittman
n
Coal ' Engineers and Surveyors
h,Ja. !am ?el 61i/ 24-ogU Yu sle/St6-0325
SKETCH TO ACCOMPANY DESCRIPTION
OF 1.121 ACRES OUT OF THE WIWAM BRATTON
SURVEY NO. 103, BEING A PORTION OF THE CORRIDOR
PLACE RIGHT-OF-WAY DEDICATED BY THE CORRIDOR PARK I
SUBDIVISION PLAT AS RECORDED IN BK. 85, PGS. 185C-1850
OF THE PLAT RECORDS OF TRAVIS COUNTY, TEXAS.
DATE: 5/21/93 4 DISK: 257A I FN No.: 93-079 (LRS)
INVESTEX
FINANCIAL
DRAWN BY: J.M.B.
FILE: 55101 EX2. dwg
PROJ. No.: 551-01.00