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CM-2016-1246 - 12/5/2016 ELECTRONICALLY RECORDED 2017015973 TRV 5 PGS ESTOPPEL CERTIFICATE THE STATE OF TEXAS § § KNOW ALL BY THESE PRESENTS COUNTY OF § ii AV FROM: THE CITY OF ROUND ROCK, TEXAS 221 E. Main Street Round Rock, TX 78665 TO: 2811 LA FRONTERA, LP 6400 S. Fiddler's Green Circle Suite 1200 Greenwood Village, CO 80111 RE: Right-of-Way Dedication and Construction Agreement (the "Agreement"), dated as of February 28, 1991, by and between the City of Round Rock, Texas and Torn E. Nelson, Jr., Trustee II with respect to the land described on Exhibit A attached hereto (the"Property") The undersigned,the CITY OF ROUND ROCK,TEXAS, a Texas political subdivision (the "City"), on behalf of itself and its successors and assigns, 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 2811 LA FRONTERA,LP, a Texas limited partnership ("La Frontera"), the receipt and sufficiency of which is hereby acknowledged, certifies and confirms to La Frontera, the current owner of the Property and successor under the Agreement to Tom E.Nelson, Jr., Trustee II, and also to La Frontera's successors and assigns, and acknowledges and agrees as follows: 1. All obligations on the part of the owner of the Property arising under the Agreement, including, but not limited to, those dedication obligations arising under Section II of the Agreement and the construction responsibilities arising under Section IV of the Agreement, have been completed and satisfied, and neither La Frontera, nor its successors and assigns shall have any continuing obligation to perform any work or pay any sums under the Agreement. 2. La Frontera is not in default under the Agreement and there exists no default on the part of La Frontera or the Property under the Agreement, nor has any event occurred or condition exists that, with the giving of notice or the passage of time or both, would constitute a default by La Frontera or the Property under the Agreement. 3. The person signing this Certificate on behalf of the City is duly authorized to execute and deliver this Certificate on behalf of the City. 4. The City agrees that La Frontera and its lenders and their respective successors and assigns may rely on the certifications set forth above as conclusive evidence of such 1 359022bk (1 i- ?CAT"-,0-1/(f-. matters, and all such certifications shall inure to the benefit of La Frontera and its successors and assigns, and shall be binding upon the City and its successors and assigns. 5. This Certificate shall be governed by and construed in accordance with the laws of the State of Texas. [Signature and Acknowledgement Appear on the Following Page] 359022bk TNESS WHEREOF e it I as caused this instrument to be executed on this theay of the month o ' , 2016. 541 THE CITY: CITY OF ROUND ROCK 134 Laurie'I4adley;Cilty Manager Acknowledgment THE STATE OF TEXAS § § COUNTY OF WILLIAMSON § This instrument was acknowledged before me on this the day of the month of , 2016, by Laurie Hadley, City Manager of the City of Round Rock, Texas, in the capacity and for the purposes and consideration therein expressed. Y / • Alike 0 Notary Publi.t.tate of -4140 AFTER RECORDING RETURN TO: � �r` 1I I i lipo \``` GpN M � �P,.•• . s�i', i, ,Sheets& Crossfield :' PRY pti'...4 309 East Main O� e, „ Round Rock, Texas 78664 F. %�' n y 9• r▪ 6Of S,ir 'iii •••''F'f'IRE,.•' ��.` ,iii"/IIII111100` 3 359022bk EXHIBIT A THE PROPERTY EIEL NOTES FUR 2 , FIELD NOTES describing 2.82 acres of land in the A. Spreecher Survey, Abstract No. 101, Travis Conty, Texas, being 1.31 acres of Tract 11, a 21.216 acre tract and 1.51 acres of Tract 11t, a 17315 acre tract, as conveyed to Tom E. - Nelson, Trustee No. 11, by deed recorded in Volume 10084, Page 93 of the deed records of Travis County, Turas and being more particularly described by metes and bounds as follows: BEGINNING at an iron pin set on the West line of Lot 3 of Corridor Park I as recorded in Book 85, Page 65 D of the Plat Records of Travis County, for the East corner of this tract. THENCE S 30° 28' 06" W al 5.00 feet pass the West corner of the said Lot 3 and the North line of Corridor Drive, at 85.00 feet pass the South line of Corridor Drive and the North corner of Lot 1 of Corridor Park 1, and continue for a total distance of 90.00 feet to an iron pin set for the South corner of this tract. THENCE N 59 31' 55" W 95.14 feet to an iron pin set in the P.C. of a curve to the right having a radius of 385.00 feet and a central angle of 24° 50' 04". THENCE with the arc of the said curve 166.88 ftml, the long chord of which bears N 47° 06' 52" W 16537 feet to an iron pin set for the P.T. of the said curve. THENCE N 340 41' 50" W 674.39 feet to an iron pin set in the P.C. of a curve to the right having a radius of 385.00 feet and a central angle of 31° 33' 50". THENCE with the arc of the said curve 212.09 feet, the long chord of which bears N 18° 54' 55" W 209.42 feet to an iron pin set for the P.T. of the said curve. THENCE N 03° 08' 00" W 50.00 feet to an iron pin set in the P.C. of a curve to the left having a radius of 261.02 Feet and a central angle of 06° 54' 04", THENCE with the are of the said curve 31.44 feet, the long chord of which bears N 06° 35' 02" W 31.42 feet to an iron pin set for the P.T. of the said curve and the P.C. of a curve to the right having a radio': of 291.02 feet and a central angle of 06°54' 04". THENCE with the arc of the said curve 35.05 feel, the long chord of which bears N 06° 35' 03" W 35.03 feet to an iron pin set for the P.T. of the said curve. THENCE N 03° 08' 00" W 112.51 feet to an iron pin set in the P.C. of a curve to the right having a radius of 15.00 feet and a central angle of 90° 00' 00". THENCE with the arc of the said curve 23.56 feet, the long chord of which bears N 48° O8' 00" W 21.21 feet to an iron pin set on the South line of F.M. 1325 for the P.T. of the said curve and the West corner of this tract. 4 359022bk THENCE N 86" ST 00" E with the South line of F.M. 1325 128.00 feet to an iron pin set for the North corner of this tract and the P.C. of a curve to the left having a radius of 15.00 feet and a central angle of 90° 00' 00". THENCE with the arc of the said curve 23.56 feet, the long chord of which bears S 41* 52' 00" W 21.21 feet to an iron pin set for the P.T. of the said curve. THENCE S 03° 08' 00" E 112.51 feet to an iron pin set in the P.C. of a curve to the right having a radius of 291.02 feet and a central angle of 06° 54' 04". THENCE with the are of the said curve 35.04 feel, the long chord of which bears S 00° 19' 04" E 35.03 feet to an iron pin set for the P.T. of the said curve and the P.C. of a curve to the left having a radius of 261.02 feet and a central angle of 06° 54' 04°. THENCE with the arc of the said curve 31.44 feet, the Iong chord of which bears S 000 19` 04" E 31,42 feet to an iron pin set for the P.T. of the said curve. THENCE S 03° 011' 00 E 50.00 feet to an iron pin set in the P.C. of a curve to the left having a radius of 295.00 feet and a central angle of 31° 33' 50". • THENCE with the arc of the said curve 162.51 feet, the long chord of which beats S 180 54' 55" E 160.47 feet to an iron pin set for the P.T. of the said curve. THENCE 5 34* 41' 50" E 674.39 feet to an iron pin set in the P.C. of a curve to the left having a radius of 295.00 feet and a central angle of 24° 50' 04". THENCE with the arc of the said curve 127.87 feet, the long chord of which bears S 47° 06' 52" E 126.87 feet to an iron pin set for the P.T. of the said curve. THENCE S 59° 31' 55" E 95.14 feet to the POINT OP BEGINNING containing 2.82 acres of land more or less. The foregoing metes and bounds legal description,prepared by Steven D. Kallman of Rio Tech, Inc.,previously appeared in that certain Right-of-Way Dedication and Construction Agreement, dated as of February 28, 1991, by and between the City of Round Rock, Texas and Tom E. Nelson, Jr., Trustee II. FILED AND RECORDED OF v. OFFICIAL PUBLIC RECORDS 1�, Jp 1 fF 359022bk ti.Y DANA DEBEAUVOIR, COUNTY CLERK • may„ ” ry.3uF �e� TRAVIS COUNTY, TEXAS January 27 2017 12:13 PM FEE: $ 42.00 2017015973 ESTOPPEL CERTIFICATE THE STATE OF TEXAS § § KNOW ALL BY THESE PRESENTS COUNTY OF § ITV FROM: THE CITY OF ROUND ROCK, TEXAS 221 E. Main Street Round Rock, TX 78665 TO: 2811 LA FRONTERA, LP 6400 S. Fiddler's Green Circle Suite 1200 Greenwood Village, CO 80111 RE: Right-of-Way Dedication and Construction Agreement (the "Agreement"), dated as of February 28, 1991, by and between the City of Round Rock, Texas and Tom E.Nelson,Jr., Trustee II with respect to the land described on Exhibit A attached hereto (the"Property") The undersigned,the CITY OF ROUND ROCK, TEXAS, a Texas political subdivision (the"City"), on behalf of itself and its successors and assigns, 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 2811 LA FRONTERA, LP, a Texas limited partnership ("La Frontera"), the receipt and sufficiency of which is hereby acknowledged, certifies and confirms to La Frontera, the current owner of the Property and successor under the Agreement to Tom E.Nelson, Jr., Trustee II, and also to La Frontera's successors and assigns, and acknowledges and agrees as follows: 1. All obligations on the part of the owner of the Property arising under the Agreement, including, but not limited to, those dedication obligations arising under Section II of the Agreement and the construction responsibilities arising under Section IV of the Agreement, have been completed and satisfied, and neither La Frontera, nor its successors and assigns shall have any continuing obligation to perform any work or pay any sums under the Agreement. 2. La Frontera is not in default under the Agreement and there exists no default on the part of La Frontera or the Property under the Agreement, nor has any event occurred or condition exists that, with the giving of notice or the passage of time or both, would constitute a default by La Frontera or the Property under the Agreement. 3. The person signing this Certificate on behalf of the City is duly authorized to execute and deliver this Certificate on behalf of the City. 4. The City agrees that La Frontera and its lenders and their respective successors and assigns may rely on the certifications set forth above as conclusive evidence of such 1 359022bk matters, and all such certifications shall inure to the benefit of La Frontera and its successors and assigns, and shall be binding upon the City and its successors and assigns. 5. This Certificate shall be governed by and construed in accordance with the laws of the State of Texas. [Signature and Acknowledgement Appear on the Following Page] 2 359022bk TNESS WHEREOF e it 1 as caused this instrument to be executed on this the ay of the month o , 2016. THE CITY: CITY OF ROUND ROCK B Laurie ad'W, C' y Manager Acknowledgment THE STATE OF TEXAS COUNTY OF WILLIAMSON This instrument was acknowledged before me on this the 519A- day of the month of kp¢f' , 2016, by Laurie Hadley, City Manager of the City of Round Rock, Texas, in the capacity and for the purposes and consideration therein expressed. c Notary Publi , tate of fQxa AFTER RECORDING RETURN TO: Sheets & Crossfield 309 East Main Round Rock, Texas 78664 3 359022bk p'GAN Af 'ro%�'�. •2 0. 9lF OF S�+P �.0911� 1011 8 EXHIBIT A THE PROPERTY FIELD NOTES describing 2.82 acres of land in the 'A. Spreecber Survey, Abstract No. I01, Travis Conty, Texas, being 1.31 acres of Tract 11, a 21,216 acre tract and 1.51 acres of Tract 111, a 17.715 acre tract, as conveyed to Tom t?, Nelson, Trustee No. 11, by deed recorded in Volume 10084, Page 93 of the deed records of Travis County, Texas and being more particularly described by metas and bounds as follows., BEGINNING at an iron pin set on the West line of Lot 3 of Corridor Park I as recorded in Book 85, Page 65 D of the Plat Records of Travis County, for the Fast corner of this tract. THENCE S 30° 28' OF W al 5.00 Wel pass the West corner of the said Lot 3 and the North line of Corridor Drive, at 85.00 feet pass the South line of Corridor Drive and the North corner of F.ot I of Corridor Park 1, and continue for a total distance of 90.00 feet to an iron pin set for the South corner of this tract. THENCE N 590 31' 55" W 95.14 feet to an iron pin set in the P.C. of a curve to the right having a radius of 385.00 feet and a central angle of 240 SO' 04". TIYENCE: with the are of (lie said curve 166.88 fu t, the long chord of which bears N 47' 06' S2" W 165.57 feet to an iron pin set for the P.T. of the said curve. THENCE N 34° 41' 50" W 674.39 fWt to an iron pin set in the P.C. of a curve to the right having a radius of 385.00 feet and a central angle of 310 33' 50". THENCE with the arc of the said curve 212.09 feet, the long chord of which bears N le 54' 55" W 209.42 feet to an iron pin set for the P.T. of the said curve. TIIENCE N 03° 08' 00" W 50.00 feet to an iron pin set in the P.C. of a curve to the left having a radius of 261.02 feet and a central angle of 06° 54' 04". THENCE with the are of the said curve 31.44 feet, the long chord of which bears N 06° 35' 02" W 31.42 fret to an iron pin set for the P.T. of the said curve and the P.C. of a curve to the right having a radio^ of 291.02 feel and a centrad angle of Oe 54' 04". THENCE with the arc of the said curve 35.05 flet, the long chord of which bears N 06" 35' 03" W 35.03 feet to an iron pin set for the Wr. of the said curve. THENCE N 036 08' 00" W 112.51 feet to an iron pin set in the P.G. of a curve to the right having a radius of 15.00 feet and a central angle of 90° 00' 00 THENCF with the are of the said curve 23.56 feet, the long chord of which bears N 48° 08' 00" W 21.21 feet to an iron pin set on the South line of P.M. 1325 for the P.T. of the said curve and the West corner of this tract. 4 359022bk THENCE N 86" 52' 00" E with the South line of F.M. I325 128.00 feet to an iron pin set for the North corner of this tract and the P.C. of a curve to the left having a radius of 15.00 feet and a central angle of 90° 00' 00". THENCE with the arc of the said curve 23.56 fact, the long chord of which bears S 41' 52' 00" W 21.21 feet to an iron pin set for the P.T, of the said curve. THENCE S 03° 08' 00" E 112.5I feet to an iron pin set in the P.C, of a curve to the right having a radius of 291.02 feet and a central angle of 06° 54' 04". THENCE with the are of the said curve 35.04 feet, the long chord of which bears S 00° 19' 04" E 35.03 feet to an iron pin set for the P.T. of the said curve and tho P.C. of a cove to the left having a radius of 261.02 feet and a central angle of 06' 54' 04". g THENCE with the arc of [lit) said curve 31.44 feet, the long chord of which bears S 00° 19' 04" E 31.42 feet to an iron lain set for the Y.T. of the said curve. THENCE S 03' 08' 00 E 50.00 fret to an iron pin set in lite Y.C, of a curve to the left having a radius of 295.00 feet and a central single of 31° 33' 50". THENCE with the arc of the said curve 162.51 feet, the long chord of which bears S 180 54' 55" E 160.47 feet to an iron pin set for the P.T. of the said carve. THENCE 5 34° 4I' 50" E 674.39 feet to an iron pin set in the P.C. of a curve to the left having a radius of 295.00 foot and a central angle of 2e 50' 04". THENCE with the arc of the said curve I27.87 feet, the long chord of which bears S 47" 06' 52" E 126.87 feet to an iron pin set for the P.T. of the said curve. THENCE S 590 3I' 55" E 95.14 feet to the POFNI' OF BEGINNING containing 2,82 acres of land more or less. The foregoing metes and bounds legal description, prepared by Steven D. Kallman of Rio Tech, Inc., previously appeared in that certain Right -of -Way Dedication and Construction Agreement, dated as of February 28, 1991, by and between the City of Round Rock, Texas and Torn E. Nelson, Jr., Trustee II. 5 359022bk City of Round Rock JROUNO ROCK Agenda Item Summary Agenda Number: Title: Consider approving an Estoppel Certificate regarding a 1991 Right -of -Way and Construction Agreement related to Griffis on La Frontera apartments. Type: City Manager Item Governing Body: City Manager Approval Agenda Date: 12/2/2016 Dept Director: Steve Sheets Cost: $10.00 Indexes: Attachments: 00368275.PDF, 00368151.PDF Department: Legal Department Text of Legislative File CM -2016-1246 Consider approving an Estoppel Certificate regarding a 1991 Right -of -Way and Construction Agreement related to Griffis on La Frontera apartments. $10.00 General Staff recommends approval. City of Round Rock Page 1 Printed on 121112016