Loading...
R-02-07-25-14E1 - 7/25/2002RESOLUTION NO. R -02-07-25-14E1 WHEREAS, the City desires to purchase a 0.9608 acre tract of land at the corner of Emmanuel Street and Wonder Drive for parkland, and WHEREAS, TXRR, LLC, the owner of the property, has agreed to sell said property to the City, Now Therefore BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS, That the Mayor is hereby authorized and directed to execute on behalf of the City a Real Estate Contract with TXRR, LLC, for the purchase of the above described property. The City Council hereby finds and declares that written notice of the date, hour, place and subject of the meeting at which this Resolution was adopted was posted and that such meeting was open to the public as required by law at all times during which this Resolution and the subject matter hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act, Chapter 551, Texas Government Code, as amended. RESOLVED this 25th day of July, 2002. ATTEST: e(lr) • WELL, Mayor City of Round Rock, Texas CHRISTINE R. MARTINEZ, City Secret ::ODMA\WORLDOX\O:\WDOX\RESOLUTI\R20725E1.WPD/SC y DATE: July 19, 2002 SUBJECT: City Council Meeting — July 25, 2002 ITEM: 14.E.1. Consider a resolution authorizing the Mayor to execute a Real Estate Contract with TXRR, LLC for the purchase of 0.9608 acres out of the J.M. Harrell Survey located at the corner of Emmanuel Street and Wonder Drive. Resource: Sharon Prete, Parks and Recreation Director History: PARD has been acquiring property along Brushy Creek, for the city wide trail system, which is also part of the Brushy Creek Regional Trail System. This tract is located to the west of the Bathing Beach Property that we purchased recently and will be a welcomed addition to our area holdings, to include The Crossing and Round Rock Memorial Park Funding: Cost: Source of funds: Self Financed General Construction Funds Outside Resources: N/A Impact/Benefit: This property is zoned to accommodate 3.5- 4 duplex units. Acquisition of this property will enhance the transition of the areas and will allow us ample room to provide a needed trailhead at this location. Public Comment: N/A Sponsor: PARD EXECUTED DOCUMENT FOLLOWS 0/ - aippogliAL NOTICE TO PURCHASERS THE STATE OF TEXAS COUNTY OF WILLIAMSON AND MILAM a CASH / STAI ',ITER RECORDING RETURN TO: ATTN: DLI G _ STEWART TI i`LE P. O. BOX 1806 AUSTIN, TX 78767 -73 The real property, described below, which you are about to purchase is located within the Brushy Creek Water Control and Improvement District No. 1A of Williamson and Milam Counties (the "District" ). The s taxing authority separate from any other taxing authority and may, subject to voter approval, issue an unlimiteedi amicount of bonds and levy an unlimited rate of tax in payment of such bonds. As of this date, the most recent rate on taxes levied by the District on real property located in the District was $0.06 on each $100 of assessed valuation from 1957 through 1972 and has been $0.00 on each $100 of assessed valuation thereafter. The total amount of bonds which has been approved by the voters and which have been or may, at this date, be issued is $0.00, and the aggregate initial principal amount of all bonds issued for one or more of the specified facilities of the District and payable in whole or in part from property taxes is $0.00. The purpose of the District is to provide water, sewer, drainage and flood control facilities and services within the District through the issuance of bonds payable in whole or in part from property taxes. The cost of these utility facilities is not included in the purchase price of your property, and these utility facilities are owned or to be owned by the District. The legal description of the property which you are acquiring is as follows: 0.9608 ACRE TRACT OUT OF THE J. M. HARRELL SURVEY Z ABSTRACT NO. 284 IN WILLIAMSON COUNTY, TEXAS, BEING THE SAME TRACT AS FENCED AND USED ON THE C/) GROUND, DESCRIBED IN DOC. NO. 199970749 OFFICIAL RECORDS OF WILLIAMSON COUNTY, TEXAS. etC The District also has the authority to adopt and impose a standby fee on property in the District that has District -financed water or sewer facilities and services available but not connected. The District may exercise the authority without holding an election on the matter. As of this date, the most recent amount of the standby fee is $0.00. An unpaid standby fee is a personal obligation of the person that owned the property at the time of imposition and is secured by a lien on the property. Any person may request a certificate from the District stating the amount, if any, of unpaid standby fees on a tract of property in the District. September 13, 2002 TXRR, LLC, a Texas limited liability company BY: JOHNj AVERY PRES NT "PURCHASER IS ADVISED THAT THE INFORMATION SHOWN ON THIS FORM IS SUBJECT TO CHANGE BY THE DISTRICT AT ANY TIME. THE DISTRICT ROUTINELY ESTABLISHES TAX RATES DURING THE MONTHS OF SEPTEMBER THROUGH DECEMBER OF EACH YEAR, EFFECTIVE FOR THE YEAR IN WHICH THE TAX RATES ARE APPROVED BY THE DISTRICT. PURCHASER IS ADVISED TO CONTACT THE DISTRICT TO DETERMINE THE STATUS OF ANY CURRENT OR PROPOSED CHANGES TO THE INFORMATION SHOWN ON THIS FORM." IQ— oaID17-a (E NOTICE TO PURCHASERS continued (GF 02 080411 The undersigned purchaser hereby acknowledges receipt of the foregoing notice at or prior to execution of a binding contract for the purchase of the real property described in such notice or at closing of purchase of the real property. September 13, 2002 CITY OF ROUND ROCK BY: STATE OF TEXAS § COUNTY OF TRAVIS § This instrument was acknowledged before me on the JOHN S . AVERY Preside day of President TXRR, LLC, a Texas limited behalf of said company. STATE OF TEXAS COUNTY OF WILLIAMSON § § 4)-00 ;)--;by lability company on Notary Public, State of TEXAS Commission Expiration This instrument was acknowledged before me on the day of the of the City of Round Rock, on behalf of said City. SHARON KELLER Notary public STATE OF TEXAS My Comm, Exp, 08.02.2004 Notary Public, State of Commission Expiration , by THIS FORM IS PROVIDED AS A CONVENIENCE TO CLIENTS OF STEWART TITLE AUSTIN, INC. ACCORDING TO SECTION 50.301 OF THE TEXAS WATER CODE, ANY SELLER OF PROPERTY LOCATED IN A DISTRICT AS DEFINED WITHIN THE CODE, MUST GIVE WRITTEN NOTICE TO THE PURCHASER AS PROVIDED FOR IN THE CODE. THE INFORMATION CONTAINED HEREIN IS THE MOST CURRENT OF RECORD TO THE BEST OF STEWART TITLE AUSTIN, INC.'S KNOWLEDGE. THE SELLER IS ENCOURAGED TO VERIFY THE ACCURACY OF THE INFORMATION BY CONTACTING THE DISTRICT PRIOR TO USING THIS FORM. SELLER'S INITIALS SEP -12-2002, THU 12:45 PM STEWART TITLE EXECUTIVE FAX NO, 5122389168 P. 06 NOTICE. TO PURCHASERS continued (GF 02080411 ) The undersigned purchaser hereby acknowledges receipt of the foregoing notice at or prior to exe.Ution of a binding, 'contract for the purchase of the real properly described in such notice or at closing of purchase of the real property, September 13, 2002 CITY OF R t ROCK BY; STA Fi:.4, OF TEXAS COUNTY OF TRAVIS This instrument was acknowledged before ine on the _ day of JOH S , AVERY , president, TXRR, I,GC, a Texas limited liability company on behalf of said company. fi § Notary Public, State of _ TEXAS Commission Expiration STATE OF TEXAS COUNTY OF AMSON 'F1riti i�tstrument was acknowledged before me on the 13 'ay of 54-phart Lt5hthe _,�'.�+� on bcli;alf of, said City. by ber , , DQ _.by he City of Round Rock, MciAnka Notary Public, Stare of Commission Expiration THIS FORM IS PROVIDED AS A CONVENIENCE TO CLIE> SOLS LER ART O11t TI LE LOCATED, IC. ACCORDING TO SECTION 50.301 OF THE TEXAS WATER CODE, ANY IN DISTRICT AS DEFINED WITHIN THE CODE, MUST GIVE WRI1TEN NOTICE TO THE PURCIASER AS RRENT OF PROVIDED I OR BESTN SDE. THE ART TITLLt AUSTIN INC S KNOWLEDGE,ATION CONTAINED N IS TI1F, MOST THE SELLERS ENCOURAGED AGED ItLCOi�I:)'CO THE OF STEW ART VERIFY THE ACCURACY OF THE INFORMATION BY CONTACTING THE DISTRICT PRIOR TC) USING r Ti rn 11.1- nFFICIAL PUBLIC RECORDS k ri4jeth-421, 3 09-17-200r-03;34 PM 2007071606. MSTANLEY $15.00 NANCY E. RISTER ,COUNTY CLERK WILLIAMSnN COUNTY, TEXAS 4 P gs or- Of I/sem Date: Grantor: TXRR, LLC, a Texas limited liability company General Warranty Deed 2002 Grantor's Mailing Address: TXRR, LLC 1508 S. Lamar Blvd. Austin, Texas 78704 Travis County Grantee: City of Round Rock, a Texas Home Rule City Grantee's Mailing Address: City of Round Rock 221 E. Main Street CD Round Rock, Texas 78664 Williamson County ett J Consideration: _.1 TEN AND NO/100 DOLLARS ($10.00) and other good and valuable consideration. Property (including any improvements): 0.9608 acres of land, more or less, out of the Jacob M. Harrell Survey, Abstract No. 284, in Williamson County, Texas, and being more fully described by metes and bounds in Exhibit "A" attached hereto and made a part hereof. Together with all of Grantor's right, title and interest, if any, in and to: (i) all licenses, permits, certificates and intangible property of any nature whatsoever relating to Grantor's use, development, maintenance, occupancy, ownership or operation of the Property, including, without limitation, the water and wastewater and other utility yconnections, if d an currently servicing the Property; (ii) all easements, tenements, hereditaments, privileges con td appurtenances in any way belonging or pertaining to the Property; (iii) i ) encroachment onto land owned by others; (iv) all land to the midpoint of the bed of any highway, street, road or avenue, open or proposed, in front of or abutting or adjoining the Property; and (v) all land lying between any fences on the Property and the record boundary line of the Property and all adjoining lands owned by others. Reservations from Conveyance: None 12_ va-0'-as-I4 41 August 21, 2002 1 0CASH / STAB '2 AFTER RECORDING RETURN TO: ATTN: POL• 1.4- 1 STEVVART TLE P. 0. BOX 1806 AUSTIN, TX 78767 Exceptions to Conveyance and Warranty: Validly existing easements, rights-of-way, and prescriptive rights, whether of record or not; all presently recorded and validly existing restrictions, reservations, covenants, conditions, oil and gas leases, mineral interests outstanding in persons other than Grantor, and other instruments, other than conveyances of the surface fee estate, that affect the Property; any discrepancies, conflicts, or shortages in area or boundary lines; rights of Brushy Creek Water Control and Improvement District No. IA; and taxes for 2002, which Grantee assumes and agrees to pay, and subsequent assessments for that and prior years due to change in land usage, ownership, or both, the payment of which Grantee assumes. This conveyance is made and accepted in its as -is condition, with no representation or warranty, express or implied (other than the general warranty of title contained herein), as to the condition of the Property or any improvements thereon. Grantor, for the Consideration and subject to the Reservations from Conveyance and the 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 way belonging, to have and to hold it to Grantee and Grantee's successors, and assigns forever. Grantor binds Grantor and Grantor's heirs and successors to warrant and forever defend all and singular the Property to Grantee and Grantee's successors, and assigns against every person whomsoever lawfully claiming or to claim the same or any part thereof, except as to the Reservations from Conveyance and the Exceptions to Conveyance and Warranty. Grantor, for the same Consideration and subject to the Reservations from Conveyance and the Exceptions to Conveyance and Warranty, grants, sells, and conveys to Grantee, without express or implied warranty, the strips or gores, if any, between the Property and abutting properties and land lying in or under any public thoroughfare, opened or proposed, abutting or adjacent to the Property, together with all and singular the rights and appurtenances thereto in any way belonging, to have and to hold it to Grantee and Grantee's heirs, successors, and assigns forever. All warranties that might arise by common law as well as the warranties in section 5.023 of the Texas Property Code (or its successor) are excluded as to the property conveyed by this paragraph. When the context requires, singular nouns and pronouns include the plural. TXRR, LLC, a Texas limite liability company 4d4 John S. Avery, Its Presiden STATE OF TEXAS COUNTY OF TRAVIS ) This instrument was acknowledged before me on President of TXRR, LLC, a Texas limited liabi)ity company. , 2002, by John S. Avery, August 21, 2002 CYNTHIA LIN HILL 1106 MUCSTATEOFTEXAS COaUISS10R EXPIRES: APRIL 10. 2006 NotaI' Public, State of Texts 2 CRICHTON AND ASSOCIATES LAND SURVEYORS 107 NORTII LAMPASAS ROUND ROCK, TEXAS 78664 512-244-3395 FIELD NOTES FIELD NOTES FOR A 0.9608 ACRE TRACT OUT OF THE J.M. IIARRELL SURVEY ABSTRACT NO. 284 IN WILLIAMSON COUNTY, TEXAS BEING THE SAME TRACT AS FENCED AND USED ON THE GROUND, DESCRIBED IN DOC. NO. 199970749 OFFICIAL RECORDS OF WILLIAMSON COUNTY, TEXAS. SAID TRACT MORE PARTICULARLY DESCRIBED 13Y METES AND BOUNDS AS FOLLOWS. Beginning at a 5/8" rebar found at the intersection of the South R.O.W. of Etnannuel Street and the East R.O.W. of Wonder Drive for the Northwest corner of this tract and the POINT OF BEGINNING. THENCE N 67° 14' 18" E at 3.3 feet passing a fence corner continuing ‘vith the fenced South R.O.W. of Emannuel Street also being the North line of this tract a total distance of 222.74 feet to a fence corner for the Northeast corner of this tract and from which a'' 'A" rebar found bears N 56° 03' 17" E, 19.46 feet. THENCE S 24° 06' 46" E with the fenced East line of this tract also being the apparent West line of a 1.50 acre tract conveyed to I lamilton in Volume 324 Page 502 Deed Records of Williamson County, Texas 193.68feet to a fence corner for the Southeast corner of this tract also being the apparent Northeast corner of a 0.50 acre tract conveyed to Corona in Volume 495 Page 474 Deed Records of Williamson County, Texas. THENCE S 70° 00' 00" W (bearing basis as scaled from tax appraisal map) with the fenced South line of this tract also being the apparent North line of said 0.50 acre tract 222.29 feet to a fence corner on the East R.O.W. of Wonder Drive for the Southwest corner of this tract also being the apparent Northwest corner of said 0.50 acre tract and from which a 3/4" pipe found bears S 23° 03' 17" E, 96.90 feet. THENCE N 24° 27' 19" W leaving said fence and with the East R.O.W. of Wonder Drive 182.99 feet to the POINT OF BEGINNING and containing 0.9608 acres more or less. I hereby certify that the foregoing field notes were prepared from a survey on the ground, under my supervision and are true and correct, to the best of my knowledge and belief. Witness my hand and seal this the 11th day of lune, 2002 Richard Brock R.P.L.S. # 5288 L—Xh, b; f 11I rT1 !'n t.. L H 11-6U OFFICIAL POUT RECORDS kAktic. 09-17-200-0(i4 PM 2002071607 MSTANLEY $15.00 NANCY E. RISTER ,COUNTY CLERK WILLIAMSON nOUNTY, TEXAS 08-23-021'02:56 ;CVD John S. Avery Attorney at Law 1508 S. Lamar Blvd. Austin, Texas 78704 Telephone: 512-442-3869 Facsimile: 512-445-7064 Email: johnsaveryAmsn.com Stephen L. Sheets City Attorney 309 E. Main Street Round Rock, Tx 78664 Dear Steve: August 21, 2002 Re: Sale of 0.9608 acres in Williamson County, Texas Attached is the duly executed Real Estate Contract between TXRR, LLC (as Seller) and the City of Round Rock (as Purchaser) for the purchase and sale of the above referenced Property. Please have Mayor Maxwell sign and return a copy to me and Sharon Keller, Commercial Loan Officer, Stewart Title of Austin, 336 South Congress Avenue, Suite 300, Austin, Texas 78704, along with the Earnest Money check in the amount of $1,000.00. By copy of this letter, I am requesting Ms. Keller prepare a Commitment for Title Insurance on the Property and forward it to you at her earliest convenience. I will be ready to close on or before September 13, 2002. We will use the existing survey and field notes for the transaction. I have taken the liberty of preparing a sample deed for your review and approval. Thanks for your help in this transaction. cc: Ms. Sharon Keller Commercial Loan Officer Stewart Title of Austin 336 South Congress Avenue, Suite 300 Austin, Texas 78704 Re: your prior GF No. 02050099 ery truly yours, taw- aA'W.vd/ S. Avery REAL ESTATE CONTRACT State of Texas County of Williamson THIS CONTRACT OF SALE ("Contract") is made by and between TXRR, LLC, a Texas Limited Liability Company (referred to in this Contract as "Seller") and the CITY OF ROUND ROCK, a Texas Home Rule City of 221 E. Main St. Round Rock, Williamson County, 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 of land situated in Williamson County, Texas, being more particularly described as follows: 0.9608 acres of land, more or less, out of the Jacob M. Harrell Survey, Abstract No. 284, in Williamson County, Texas, and being more fully described by metes and bounds in Exhibit "A" attached hereto and made a part hereof, including all of Seller's right, title and interest, if any, in and to: (i) all licenses, permits, certificates and intangible property of any nature whatsoever relating to Seller's use, development, maintenance, occupancy, ownership or operation of the Property, including, without limitation, the water and wastewater and other utility connections, if any, currently servicing the Property; (ii) all easements, tenements, hereditaments, privileges and appurtenances in any way belonging or pertaining to the Property; (iii) all consents to encroachment onto land owned by others; (iv) all land to the midpoint of the bed of any highway, street, road or avenue, open or proposed, in front of or abutting or adjoining the Property; and (v) all land lying between any fences on the Property and the record boundary line of the Property and all adjoining land owned by others, 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"), together with any improvements, fixtures, and personal property situated on and attached to the Property, for the consideration and upon and subject to the terms, provisions, and conditions set forth below. P:\Avery\John\My Files\TXRR, LLC\Sale to City\Draft8-07-02(00032526) j].wpd/sls ARTICLE II PURCHASE PRICE Amount of Purchase Price 2.01. The purchase price for the Property shall be the sum of Forty- five Thousand and no/100 Dollars ($45,000.00). Payment of Purchase Price 2.02. The Purchase Price shall be paid in cash at the closing. ARTICLE III PURCHASER'S OBLIGATIONS Conditions to Purchaser's Obligations 3.01. The obligations of Purchaser hereunder to consummate the transaction 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). Preliminary Title Commitment 3.02. Within ten (10) days after the date hereof, Seller, at Seller's sole cost and expense, shall have caused Stewart Title Company, Austin, Texas (the "Title Company") to issue a preliminary title report (the `Title Commitment") accompanied by copies of all recorded documents relating to easements, rights-of-way, etc., affecting the Property. Purchaser shall give Seller written notice on or before the expiration of three (3) days after Purchaser receives the Title Commitment that the condition of title as set forth therein is or is not satisfactory, and in the event Purchaser states that the condition is not satisfactory, Seller shall promptly undertake to eliminate or modify all unacceptable matters to the reasonable satisfaction of Purchaser. In the event Seller is unable to do so within ten (10) days after receipt of written notice, Purchaser shall have the option to declare this Contract to be null and void for all purposes and the Escrow Deposit shall be forthwith returned by the Title Company to Purchaser. Purchaser's failure to give Seller this written notice shall be deemed to be Purchaser's acceptance of the Title Commitment. Miscellaneous Conditions 3.05. 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. 2 ARTICLE IV CLOSING The closing shall be held at the Title Company, on or before September 13, 2002, or at such time, date, and place as Seller and Purchaser may agree upon (which date is herein referred to as the "closing date"). Seller's Obligations 4.01. At the closing Seller shall: (a) Deliver to Purchaser a duly executed and acknowledged General Warranty Deed conveying good and marketable title in fee simple to all of the Property, free and clear of any and all liens, encumbrances, conditions, easements, assessments, and restrictions, except for the following: (i) General real estate taxes for the year of closing and subsequent years not yet due and payable; (ii) Any exceptions approved by Purchaser pursuant to Article III hereof; and (iii) Any exceptions approved by Purchaser in writing. (b) 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 Purchaser's fee simple title to the Property subject only to those title exceptions listed above, 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. (c) Deliver to Purchaser possession of the Property. Purchaser's Obligations 4.02 At the Closing, Purchaser shall pay the cash portion of the purchase price. Prorations 4.03 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. All special taxes or assessments to the closing date shall be paid by Seller. 3 Closing Costs 4.04 All costs and expenses of closing in consummating the sale and purchase of the Property shall be borne and paid as follows: Owner's Title Policy paid by Seller; Filing fees for deed paid by Purchaser; Filing fees for release(s) paid by Seller; Title curative matters, if any, paid by Seller; Attorney's fees paid by each respectively. ARTICLE V REAL ESTATE COMMISSIONS It is understood and agreed that there are no brokers involved in the negotiation and consummation of this Contract. ARTICLE VI ESCROW DEPOSIT For the purpose of securing the performance of Purchaser under the terms and provisions of this Contract, Purchaser has delivered to Title Company, the sum of One Thousand Dollars ($1,000), the Escrow Deposit, which shall be paid by the title company to Seller in the event Purchaser breaches this Contract as provided in Article VIII hereof. At the closing, the Escrow Deposit shall be paid over to Seller and applied to the cash portion of the purchase price, provided, however, that in the event the Purchaser shall have given written notice to the title company that one or more of the conditions to its obligations set forth in Article III have not been met, or, in the opinion of Purchaser, cannot be satisfied, in the manner and as provided for in Article III, then the Escrow Deposit shall be forthwith returned by the title company to Purchaser. ARTICLE VII 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; (2) request that the Escrow Deposit shall be forthwith returned by the title company to Purchaser; or (3) bring suit for damages against Seller. ARTICLE VIII 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 (1) bring suit for damages against Purchaser; or (2) receive the Escrow Deposit from the title 4 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. ARTICLE IX MISCELLANEOUS Assignment of Contract 9.01. (a) This Contract may not be assigned without the express written consent of Seller. Survival of Covenants (b) Any of the representations, warranties, covenants, and agreements of the parties, as well as any rights and benefits of the parties, pertaining to a period of time following the closing of the transactions contemplated hereby shall survive the closing and shall not be merged therein. Notice (c) 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 (d) 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 (e) 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 (f) 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 5 Contract shall be construed as if the invalid, illegal, or unenforceable provision had never been contained herein. Prior Agreements Superseded (g) 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 (h) Time is of the essence in this Contract. Gender (i) 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 (j) Upon request of either party, both parties shall promptly execute a memorandum of this Contract suitable for filing of record. / Dated this l —day of August, 2002. SELLER: TXRR, LLC By: Joh ir Avery, its Pre- :ent 1508 S. Lamar Blvd. Austin, Texas 78704 PURCHASER: CITY OF 'OUND 'ei TEXA By. /�� Ny 4jt'-axwell, Mayor 40 221 E. Main Street Round Rock, Texas 78664 CRICHTON AND ASSOCIATES LAND SURVEYORS 107 NORTH LAMPASAS ROUND ROCK, TEXAS 78664 512-244-3395 FIELD NOTES FIELD NOTES FOR A 0.9608 ACRE TRACT OUT OF THE J.M. IIARRELL SURVEY ABSTRACT NO. 284 IN WILLIAMSON COUNTY, TEXAS BEING THE SAME TRACT AS FENCED AND USED ON TIIE GROUND, DESCRIBED IN DOC. NO. 199970749 OFFICIAL RECORDS OF WILLIAMSON COUNTY, TEXAS. SAID TRACT MORE ('ARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS. Beginning at a 5/8" rebar found at the intersection of the South R.O.W. of Emannuel Street and the East R.O.W. of Wonder Drive for the Northwest corner of this tract and the POINT OF BEGINNING. THENCE N 67° 14' 18" E at 3.3 feet passing a fence corner continuing with the fenced South R.O.W. of Einannuel Street also being the North line of this tract a total distance of 222.74 feet to a fence corner for the Northeast corner of this Jract and from which a'' 'A" rebar found bears N 56° 03' 17" E, 19.46 feet. THENCE S 24° 06' 46" E with the fenced East line of this tract also being the apparent West line of a 1.50 acre tract conveyed to I lamilton in Volume 324 Page 502 Deed Records of Williamson County, Texas 193.68feet to a fence corner for the Southeast corner of this tract also being the apparent Northeast corner of a 0.50 acre tract conveyed to Corona in Volume 495 Page 474 Deed Records of Williamson County, Texas. TI IENCE S 70° 00' 00" W (bearing basis as scaled from tax appraisal map) with the fenced South line of this tract also being the apparent North line of said 0.50 acre tract 222.29 feet to a fence corner on the East R.O.W. of Wonder Drive for the Southwest corner of this tract also being the apparent Northwest corner of said 0.50 acre tract and from which a 3/4" pipe found bears S 23' 03' 17" E, 96.90 feet. THENCE N 24° 27' 19" W leaving said fence and with the East R.O.W. of Wonder Drive 182.99 feet to the POINT OF BEGINNING and containing 0.9608 acres more or less. I hereby certify that the foregoing field notes were prepared from a survey on the ground, under my supervision and are true and correct, to the best of my knowledge and belief. Witness my hand and seal this the I I ih day of June, 2002 Richard Brock R.P.L.S. 11 5288 L x1-1; , ; f it RICHARD BROCK General Warranty Deed Date: SEprOM0CRIp, 2002 Grantor: TXRR, LLC, a Texas limited liability company Grantor's Mailing Address: TXRR, LLC 1508 S. Lamar Blvd. Austin, Texas 78704 Travis County Grantee: City of Round Rock, a Texas Home Rule City Grantee's Mailing Address: City of Round Rock 221 E. Main Street Round Rock, Texas 78664 Williamson County Consideration: TEN AND NO/100 DOLLARS ($10.00) and other good and valuable consideration. Property (including any improvements): 0.9608 acres of land, more or less, out of the Jacob M. Harrell Survey, Abstract No. 284, in Williamson County, Texas, and being more fully described by metes and bounds in Exhibit "A" attached hereto and made a part hereof. Together with all of Grantor's right, title and interest, if any, in and to: (i) all licenses, permits, certificates and intangible property of any nature whatsoever relating to Grantor's use, development, maintenance, occupancy, ownership or operation of the Property, including, without limitation, the water and wastewater and other utility connections, if any, currently servicing the Property; (ii) all easements, tenements, hereditaments, privileges and appurtenances in any way belonging or pertaining to the Property; (iii) all consents to encroachment onto land owned by others; (iv) all land to the midpoint of the bed of any highway, street, road or avenue, open or proposed, in front of or abutting or adjoining the Property; and (v) all land lying between any fences on the Property and the record boundary line of the Property and all adjoining lands owned by others. Reservations from Conveyance: None August 21, 2002 1 Exceptions to Conveyance and Warranty: Validly existing easements, rights-of-way, and prescriptive rights, whether of record or not; all presently recorded and validly existing restrictions, reservations, covenants, conditions, oil and gas leases, mineral interests outstanding in persons other than Grantor, and other instruments, other than conveyances of the surface fee estate, that affect the Property; any discrepancies, conflicts, or shortages in area or boundary lines; rights of Brushy Creek Water Control and Improvement District No. 1A; and taxes for 2002, which Grantee assumes and agrees to pay, and subsequent assessments for that and prior years due to change in land usage, ownership, or both, the payment of which Grantee assumes. This conveyance is made and accepted in its as -is condition, with no representation or warranty, express or implied (other than the general warranty of title contained herein), as to the condition of the Property or any improvements thereon. Grantor, for the Consideration and subject to the Reservations from Conveyance and the 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 way belonging, to have and to hold it to Grantee and Grantee's successors, and assigns forever. Grantor binds Grantor and Grantor's heirs and successors to warrant and forever defend all and singular the Property to Grantee and Grantee's successors, and assigns against every person whomsoever lawfully claiming or to claim the same or any part thereof, except as to the Reservations from Conveyance and the Exceptions to Conveyance and Warranty. Grantor, for the same Consideration and subject to the Reservations from Conveyance and the Exceptions to Conveyance and Warranty, grants, sells, and conveys to Grantee, without express or implied warranty, the strips or gores, if any, between the Property and abutting properties and land lying in or under any public thoroughfare, opened or proposed, abutting or adjacent to the Property, together with all and singular the rights and appurtenances thereto in any way belonging, to have and to hold it to Grantee and Grantee's heirs, successors, and assigns forever. All warranties that might arise by common law as well as the warranties in section 5.023 of the Texas Property Code (or its successor) are excluded as to the property conveyed by this paragraph. When the context requires, singular nouns and pronouns include the plural. TXRR, LLC, a Texas limited liability company John S. Avery, Its President STATE OF TEXAS COUNTY OF TRAVIS ) This instrument was acknowledged before me on , 2002, by John S. Avery, President of TXRR, LLC, a Texas limited liability company. Notary Public, State of Texas August 21, 2002 2