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Home My WebLink AboutResolution - 2026-R0206 - Contract 19547, Assembly Construction; .7014-Acre, 1207 N Ave T, Sect 16 BL A - 06/09/2026;Jocusign Envelope ID: 62F06016-63EF-8498-816E-056F6F3C178E Resolution No. 2026-R0206 CONTRACT NO. 19547 City of Lubbock Contract for Sale of City Property This Contract is entered into as of the 9th day of June , 2026 ("Effective Date") by and between, Assembly Construction, Inc. (the "Buyer"), and the City of Lubbock (the "Seller"). WHEREAS, Seller owns that certain tract of land located in Lubbock County, Texas, being described on Attachment "A" attached hereto (the "Land"); and WHEREAS, Seller desires to sell and convey the Land, the rights appurtenant to the Land, and the fixtures affixed to the Land (collectively, the "Property") to Buyer. ARTICLE I SALE AND PURCHASE Section 1.1. Sale and Purchase. Subject to the terms and conditions of this Contract, Seller shall sell and Buyer shall purchase and pay for, on 2026, or at such time thereafter as the Seller may direct (the "Closing Date"), without warranty, either expressed or implied, the Property. ARTICLE II PURCHASE PRICE Section 2.1. Purchase Price. The Purchase Price (herein so called) to be paid by Buyer to Seller for the Property shall be $15,005.00. Section 2.2. SecNon 2,2. Earnest Money. Submission will be required once the contract receives City Council approval. Buyer shall deposit $1,000.00 in Earnest Money (herein so called), in cash or cashier's check, with the Bid Submittal to: Marta Alvarez Director of Purchasing and Contract Management City of Lubbock 1314 Avenue K, 9th Floor Lubbock, Texas 79401 In the event Buyer shall not be awarded the bid for the purchase of the Property, the Earnest Money shall be returned to the Buyer, upon Buyer's execution of a release satisfactory in form and substance to Seller, on or before ten (10) business days after the awarding of the successful bid. Seller shall be deemed to have offered to return the Earnest Money deposit upon contacting Buyer at the address and/or phone number set forth in the Bid Form described in Section 10.01, below. Section 2.3. Payment of Purchase Price. The Purchase Price shall be payable to Seller, in cash or other immediately available funds, at the Closing Date. Oowsign E�velope ID B2F0601B-63EF-849&816E-056F6F3C178E ,�� 2026026627 5 PGS DEED ■iii r�� r��rt� �� r� �� a�t�� i ii i Ex6ibit ��B" NOT�CE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY OF THE FOLLOWING INFORMATION FROM THIS INSTRUMENT BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER. DEED WITHOUT WARRANTY Date: Grantor: City of Lubbock, Texas Graator's Mailing Address: P.O. Box 2000 Lubbock, Lubbock County, Texas 79457 Grantee: Assembly Construction, Inc. Grantee's Mailing Address: 705 27th Street, Lubbock, Texas 79404 GRANTEE: Tonya Gooch, Authorized Representative Subscribed and sworn to before me this day of 20 Notary Public My Commission Expires: Coasideration: Ten and No/100 Dollars ($10.00) and other good and valuable consideration. Property (including any improvements): ReservaHons From Conveysnce: Grantor reserves and excepts from this conveyance, for Grantor and Grantor's successors and assigns all oil, gas and other minerals on, in and under all of the land described in this deed, together within the right of ingress and egress for the purpose of exploring for, drilling for, producing and marketing oil, gas and other minerals. Grantor reserves from this conveyance a perpetual underground utility easement for any underground utilities located on or und�r the Property, including but not lirnited to the locations described and set forth in Exhibit "A" attached hereto, to retain all rights of access and use for the purposes of laying out, opening, constructing, operating, maintaining and reconstructing underground water and stormwater utility infrastructure, together with necessary incidentals and appurtenances thereto, in, along, upon and across Property. Exceptions to Conveyance: None Docusign E,�velope ID: 62F06016-63EF-8498-816E-056F6F3C178E C :�17;_\�MC�� rCITY OF LUB OC f �''�1�` � AR��M�B�xER, MA OR �� d �� . .. � .. T - T: �; C``'� , ey Paz, ity ecr� ��: ..... APPROVED AS TO CONTENT: David Bra , tor of Public Works ACKNOWLEDGMENT STATE OF TEXAS GRANTEE: ��6�y C�s�`��, ��. ��S Authorized epresentative T�►�y�. G o��ti ,4 C kNo�►c. � �Dyn�� r s7-,4 T� oF T�x,�s C u�Nt y' �vF Lug�Ocl� Or► i� i S� 9� a�ay o�.T�» �, „Z Q.� �, �6 e�'o/'e r►�1��pe�soh�11yo�p��e� �nn, Coo��i� Per /?ql r �h � W� � Kn4w � �t��pw1��- ed ��+ g�,e�GXe�� ►� S ��` - • S ��Yp�/�� KENNETH W JERNBERG �o~�' Ue%�;Notary Public, State of Texas Z��°"'= Comm. Expires 04-14-2027 �''�:'F�� .` Notary ID 13430830-0 .,��o��. �o? p�+ S T'/�7'L- oF T� COUNTY OF LUBBOCK § This instrument was acknowledged before me on this ,�^°lday of �,�,��, 20� by Mark McBrayer, Mayor of the City of Lubbock. � Notary lic, State of Texas My commission expires: l�= 7-„�d,27