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R-01-01-25-10C11 - 1/25/2001 RESOLUTION NO. R-01-01-25-10C11 WHEREAS, the City desires to purchase a 0 . 061 acre tract of land for additional right-of-way for SH 45, and WHEREAS, QRS11-29 (TX) , Inc . , 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 QRS11-29 (TX) , Inc. , for the purchase of the above described property, a copy of said Real Estate Contract being attached hereto and incorporated herein for all purposes . 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, and the Act . RESOLVED this 25th day of January, 2001 . RO A. STLUKA, J Mayor AT ST: City of Round Rock, Texas JOGiNE LAND, City Secretary K:\WPDOCS\RESOLUTI\R10125C.11/SC REAL ESTATE CONTRACT State of Texas County of Williamson THIS CONTRACT OF SALE ("Contract") is made by and between QRS11-29 (TX) , Inc. a Texas corporation (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, that certain parcel of land containing approximately 0 . 061 acres of land (2, 657 square feet) situated in Williamson County, Texas, being more particularly described as follows : Parcel #81 : 0. 061 acre tract, (2, 657 square feet) as more particularly described in Exhibit A, attached hereto and incorporated herein; 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. ARTICLE II PURCHASE PRICE Amount of Purchase Price 2 . 01 . The purchase price for the Property shall be the sum of Thirty-one Thousand, Eight Hundred Eighty-four and No/100 Dollars ($31, 884 . 00 . ) The purchase price is based on a price of $12 . 00 times the number of square feet of the Property (2, 657 square feet . ) C:\WPDOCS\ACITY\SH 45\QRS11-29\K-1_11_01.wpd/sls 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 First American Title Company (the "Title Company") of 2120 N. Mays, Suite 450, Round Rock, Texas 78664, to issue an updated preliminary title report (the "Title Commitment") . Purchaser shall give Seller written notice on or before the expiration of three (3) days after Purchaser receives the updated Title Commitment that the condition of title as set forth in the title binder 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, this Contract shall thereupon 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. ARTICLE IV CLOSING The closing shall be held at the Title Company on or before February 9, 2001, 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, 2 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 Seller' s sole expense, issued by the 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) As provided in paragraph 9. O1 below, Seller is delivering to Purchaser possession of the Property as of the date of this Contract. 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. Purchaser will bear the burden of paying any rollback taxes, if any, resulting from a change of use of the Property. 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; 3 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 Seller will be solely responsible for all real estate brokerage commissions due to any brokers representing the Seller. 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 the Title Company, the sum of One Thousand Dollars ($1, 000. 00) , 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, as its sole and exclusive remedy, either: (1) enforce specific performance of this Contract; or (2) request that the Escrow Deposit shall be forthwith returned by the Title Company to Purchaser. 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 Company, the sum being agreed on as liquidated damages for the failure of Purchaser to perform the duties, liabilities, and obligations 4 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 SPECIAL PROVISIONS Possession and Use Agreement 9 . 01. For the consideration to be paid by the City which is set forth in Paragraph 2 . 01 above, Grantor hereby grants, bargains, sells and conveys to the City exclusive immediate possession and use of the Property for the purpose of constructing a highway or turnpike project and appurtenances thereto and the right to remove any improvements. The foregoing grant will extend to the City, its contractors, assigns and/or owners of any existing utilities on the Property and those which may be lawfully permitted on the Property by the City in the future. This grant will allow the construction, relocation, replacement, repair, improvement, operation and maintenance of these utilities on the Property, to begin immediately and prior to the closing date. The purpose of this grant is to allow the City to proceed with its construction project without delay. Landscape Regulations 9. 02 . The City hereby agrees that the conveyance of the Property and the associated reduction in landscaped area, if any, will not result in a present violation of the City' s Landscape Ordinance, nor will said conveyance result in a future violation if Grantor wishes to increase the size of the existing building on the remaining property owned by Grantor. ARTICLE X MISCELLANEOUS Assignment of Contract 10 . 01. (a) This Contract may not be assigned without the express written consent of Seller. Regardless of the foregoing, Purchaser may assign this Contract to the Round Rock Transportation Development Corporation. 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 5 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 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 6 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. Effective Date (k) This Contract shall be effective as of the date it is approved by the City Council, which date is indicated beneath the Mayor' s signature below. SELLER: QRS11-29 (Tx. ) , Inc. By: its Date: PURCHASER: CITY OF ROUND ROCK, TEXAS By: Robert A. Stluka, Jr. , Mayor 221 E. Main Street Round Rock, Texas 78664 Date: 7 EXHIBIT_ Page ( of 2 Pages County: Williamson Highway: State Highway 45 Limits: From West of US 183 to FM 685 CSJ: Property Description for Parcel 81 Being a 0.061 of one acre tract (2,657 square feet) of land situated in the Jacob M. Harrell Survey A-284, Williamson County, Texas and being a portion of Lot 1, TOWN AND COUNTRY MALL SUBDIVISION, recorded in Cabinet L, Slide 57 of the Williamson County Plat Records (W.C.P.R.) as conveyed by Woodmen of the World Life Insurance Society to QRS11-29 (Tx), Inc., recorded in Volume 2427, Page 328 of the Official Records of Williamson County, Texas (O.R.W.C.T.). Said 0.061 of one acre tract being more particularly described by metes and bounds as follows with all bearings and coordinates based on the Texas State Plane Coordinate System, NAD 83, Central Zone and adjusted to surface using a surface adjustment factor of 1.00012: COMMENCING at a 1/2-inch iron rod found for the northwest corner of said Lot 1 and the northeast corner of a called 14.625 acre tract of land conveyed to DDR DB Development Ventures, LP, a Texas limited partnership, recorded in Document No. 9844186 O.R.W.C.T.; THENCE, South 05°34'03" East (N 03°04'19" W) along the line common to said Lot 1 and said 14.625 acre tract, a distance of 819.17 feet to a Texas Department of Transportation (TxDOT) brass disk in concrete set(X = 3,133,266.30, Y = 10,149,734.70) in the proposed northerly right- of-way line of State Highway 45 at 212.04 feet left of and perpendicular to State Highway 45 Baseline Station 541+39.73 for the northwest corner and POINT OF BEGINNING of the herein described tract; 1. THENCE, North 84°27'37" East, along the proposed northerly right-of-way line of State Highway 45, a distance of 483.88 feet to a 1/2-inch iron rod with a TxDOT aluminum cap set at 216.38 feet left of and perpendicular to State Highway 45 Baseline Station 546+23.59 for the northeast corner of the herein described tract and in the northwesterly line of Lot 2, of said TOWN AND COUNTRY MALL SUBDIVISION; 2. THENCE, South 53°15'53" West, along the line common to said Lot 1 and said Lot 2, a distance of 10.69 feet to a point for the southwest corner of said Lot 2, the southeast corner of the herein described tract and being in the north line of a called 7.1610 acre tract of land as conveyed to the State of Texas (Parcel 2), recorded in Volume 1656, Page 810 O.R.W.C.T.; 3. THENCE, South 84°26'59" West (S 86°55'08" W), along the line common to said Lot 1, said 7.1610 acre tract of land as conveyed to the State of Texas (Parcel 2) and a 2.2540 acre tract of land as conveyed to the State of Texas (Parcel 3), recorded in Volume 1656, Page 810 O.R.W.C.T, a distance of 474.73 feet to a 5/8-inch iron rod found for the southwest corner of said Lot 1 and being an exterior corner of said 14.625 acre tract; EXHIBIT 41765 8lparce 1 sldoc\PA R81.d oc LXHIBIT A Page z of 2 Pages 4. THENCE, North 05°34'03" West (N 03°04'19" W), departing said 2.2540 acre tract of land as conveyed to the State of Texas (Parcel 3) and along the line common to said 14.625 acre tract and said Lot 1, a distance of 5.63 feet to the POINT OF BEGINNING and containing a computed area of 0.061 of one acre (2,657 square feet)of land more or less. This Metes and Bounds description is accompanied by a separate plat. Calls in parenthesis denote record information. The proposed baseline information recited herein is based on a design schematic drawing provided by Turner Collie and Braden, Inc. Jay Dean Canine Registered Professional Land Surveyor "'�` •• Texas Registration Number 4345 SURVCON INC 5316 Highway 290, Suite 480 Austin,Texas 78735 (512) 899-8282 April 17, 2000 417658\parce1s\doc\PA R8 I.doc PAR8ICLOSURE.TXT Z: \417658\PARCELS\FINALS\CLOSURES\CLOSE-81 Job Description: 15: 32: 45 04/13/00 Page No . . 1 ----------------------------------------------------------------------- Lot Z: \417658\PARCELS\FINALS\Closures\81 .clo From PNT Bearing Distance Northing Easting To Pnt 1 N84027 ' 37"E 483. 88 0.000 0.000 2 2 S53015' 53"W 10. 69 46.712 481. 620 3 3 S84026' 59"W 474 . 73 40. 318 473.053 4 4 N05034103"W 5. 63 -5. 598 0. 549 5 Square Feet 2674 .7 Acres 0.061 Square Metres: 248 . 48 Hectares 0. 025 TOTAL Traverse Distance : 974 . 93 TOTAL Traverse Perimeter: 974 . 93 TOTAL Traverse Stations : 5 CLOSURE Direction : S22056'01"W CLOSURE Distance 0.01 ERROR of Closure 1: 154671 Frontage: 974 . 930000. Page 1 SURVEY LEGEND + - FOUND TXDOT BRASS DISK IN CONCRETE PROPOSED R.O.W. JACOB M. HARRELL Ne4•x7'3j"E ❑ - .SET TXDOT BRASS DISK IN CONCRETE SURVEY, A-284 4 N84.27'37"E Q - SET 1"2' IRON ROD W/TXOOT ALUM. CAP SFOUN IC FOUND 483.88' - FOUND 112 IRON ROD UNLESS OTHERWISE NOTED 5.63'(NO3.04'19"W) 553'0.693"W ® - FOUND 4" x 4" CONCRETE MONUMENT 584.26'59"W 0 = CALCULATED POINT LOT 1 EXISTING R.O.W. 584•x. N TOWN AND COUNTRY 474 ' 'T373' MALL SUB. DETAIL "B" R = PROPERTY LINE P.O.C. PARCEL 81 CAB. L. SL. 57 DETAIL =A= LOT 2 N.T.S. EL - BASELINE W.C.P.R. N.T.S. TOWN AND COUNTRY CONVEYED TO MALL SUB. - UTILITY POLE ORS11-29(TX),INC. CABW.C,PSR, 57 ACREAGE CALLED 13.337 ACRES TRACTS 1 AND 2 / DEDICATED TO \ SUMMARY DOR 08 DEVELOPMENT VENTURES'. = 2427/328 \/\CITY OF ROUND ROCK JI (SO.FT. LP. A TEXAS LIMITED'.PARTNE RS HIP a.; O.R.W.C.T. FOR RIGHT-OF-WAY CALLED 14.625 ACRES .. PER PLAT ,` PROPERTY DOC. ++9844186 .m^' AO WHOLE (570.026) O.R.W.C.T;. .W//' -SEE XP.=3.B. PARCEL 1 \ \ 10' ELECTi11C STA. 546+23.59 EASEMENT•10.149.734.70 \ \ 1030/837!-STA541+39.73 \ O.R.w.C:Y.. SEE DETAIL "B" ,y'S•�`'� ACOUERED (2.657) 1- PROPOSED R.O.W. 9LT. 212.04' ,.oSARE MINDER (567.369) 0ETAIL "A" \ 81 / ;;!" 5� LEFT • (SB6'55"OBW. 474.92'1 \ \ N84.27'37"E. \ \ 483.88' SS 584.26'59"W... ZlEXISTING 4 --_.•99 (N85.40'26"E) 7(N85.40'26'E. 347.21') \FOUND 5•�" I.R. UTILI7.TY EASEMENT \BLIC \ R.O.W. 7.5 PUBLIC \ CAIB.1 6.ESL.ME 5 CAB.W C.SL. 365 \ \ ;; W.C.P.R, o LARTNEC INVESTMENT CO. \ c 8a e REMAINDER OF A CALLED 40.00 ACRE .-1 ! 101 824/572 STATE OF TEXAS W.C.DR. m?i ( N STATE OF TEXAS v CALLED 2.2540 ACRES OND1 I N N CALLED 7.1610 ACRES 78 PARCEL 3 PARCEL 2 1656/810 I 40' ACCESS EASEMENT 1656/810 O.R.W.C.T. =Wi " Ws CALLED 0 255 ACRES O.R.W.C.T. TRACT 3 o„�,I ;I on 2427/328 •.S O.R.W.C.T. n� S.H.45 N 00 2I •1 NZ —'-7-—-—-—-—-�—-—-— �_________ 1 ,1_� ___j___—_____-.—-—-—-—�-— 545+00 WHOLE PROPERTY INSET NOT TO SCALE i NOTES: 1. BEARINGS AND COORDINATES ARE BASED ON THE TEXAS STATE PLANE S.H.4 5 COORDINATE SYSTEM. HAD 83. CENTRAL ZONE AND ADJUSTED TO PARCEL PLAT SURFACE USING AN ADJUSTMENT FACTOR OF 1.00012. FOR PARCEL 81 2. THIS SURVEY WAS PERFORMED WITHOUT THE BENEFIT OF A COUNTY: WILLIAMSON COMMITMENT FOR TITLE INSURANCE AND MAY NOT INCLUDE GRANTOR: ORS11-29(TX), INC. EASEMENTS AND INFORMATION PERTAINING TO THIS TRACT. RECORD INFORMATION SHOWN ON THIS PLAT IS BASED ON PUBLIC INFORMATION. THE SURVEYOR HAS NOT ABSTRACTED THIS TRACT. SURVCON INC. 3. THIS PLAT DESCRIPTIONS ACCOMPANIED BY A SEPARATE METES AND BOUNDS PROFESSIONAL SURVEYORS 4. THE BASELINE SHOWN HEREON IS PER A DESIGN SCHEMATIC FILE 5316 HWY. 290 WEST, SUITE 480 PROVIDED BY TURNER, COLLIE AND BRADEN. INC. -��" AUSTIN. TEXAS 78701 5. O.R.W.C.T. INDICATES OFFICIAL RECORDS OF WILLIAMSON TELEPHONE (512) 899-8282. FAX (512) 899-9390 COUNTY. TEXAS. 6. W.C.P.R. INDICATES WILLIAMSON COUNTY PLAT RECORDS. EMAIL: oustln@survcon.com 7. W.C.D.R. INDICATES/W SO OU TY DEED RECORDS. SCALE: 1 " = 100' JOB #: 417-658 DATE: MAR 2000 F.B. #: HWY 45 DATE: JAY DEAN CANINE DRAWN BY: TC CAD FILE: S45PAR-81 REGISTERED PROFESSIONAL LAND SURVEYOR TEXAS REGISTRATION NO. 4345 CHECKED BY: WJM 01/19/2001 09:52 FAX 5122185563 CORR PUBLIC WORI{S CITY HALL 1&006 W f~~ cp G � d w Z N r — -- �' m a 10 a � o t0 � `-1 f f ✓ _'� BOG p f /J Z JAN-19-2001 013:05 5122165563 98% P.06 DATE: January 19, 2001 SUBJECT: City Council Meeting—January 25, 2001 ITEM: 10.C.11. Consider a resolution authorizing the Mayor to execute a Real Estate Contract with QRSII-29 (TX),Inc.for right-of-way for the SH 45 Frontage Road Project. Resource: Jim Nuse, Public Works Director Tom Word, Traffic Engineer History: The City has the responsibility of acquiring the necessary right-of-way for the SH-45 frontage road project. Funding: Cost: $31,884.00 Source of funds: Round Rock Transportation Development Corporation Sales Tax Outside Resources: N/A Impact: N/A Benefit: Allow construction of the SH-45 frontage road project to begin. Public Comment: N/A Sponsor: N/A