HomeMy WebLinkAboutResolution - 2016-R0091 - Paul Codero Of CCP Investments - 03/10/2016Resolution No.2016-R0091
Item No.5.9
March 10.2016
RESOLUTION
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT the Mayor of the City of Lubbock is hereby authorized and directed to execute for and
on behalf of the City of Lubbock,Contract No. 12659 for the sale of real estate located at 2420
3rd Street in Lubbock,Texas,by and between the City of Lubbock and Paul Codero of CCP
Investments,LLC,of Lubbock,Texas,and related documents.Said Contract is attached hereto
and incorporated in this resolution as if fully set forth herein and shall be included in the
minutes of the City Council.
Passed by the City Council on March 10.2016
GLfetfdf ROBERTSON,MAYOR
ATTEST:
a£^6^
Rebecca Garza,City Secretary
APPROVED AS TO CONTENT
APPROVED AS TO FORM:
ccdocs/RES.Contract 12659 - PaulCodero.CCP Investments.LLC- Saleof RealEstate.2420 3rd St.
February 10.2016
Resolution No. 2016-R0091
CITY OF LUBBOCK
CONTRACT FOR SALE
OF REAL ESTATE LOCATED AT 2420 3rd STREET, LUBBOCK, TX
CONTRACT NO.12659
This Contract is entered into as of the 25 h day of February, 2016 ("Effective Date") by and
between Paul Cordero of CCP Investment, LCC (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 Exhibit "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 February 25, 2016, 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 $41.575.00.
Section 2.2. Earnest Money. Buyer shall deposit ten percent (10%) of the Purchase Price
on February 25, 2016, as Earnest Money (herein so called), in cash or cashier's check, with Davy
Booher, P. O. Box 2000, Lubbock, Texas 79457, (806) 775-2352, upon execution of this Contract
by Buyer. 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 2.2. Payment of Purchase Price. The Purchase Price shall be payable to Seller, in
cash or other immediately available funds, at the Closing Date.
ARTICLE III
INDEPENDENT INVESTIGATION AND DISCLAIMER
Section 3.1. Independent Evaluation. Buyer has made an independent inspection and
evaluation of the Property and the title to same and acknowledges that Seller, except as provided in
the Contract Documents, as defined below, has made no statements or representations concerning
the present or future value of the Property, the state of the title to the Property, the condition,
including the environmental condition of the Property, or the anticipated income, costs, or profits, if
City of Lubbock
Bid ITB No. 16-12659-MA
WITHOUT LIMITATION, AS TO THE DESCRIPTION, TITLE, INCLUDING, WITHOUT
LIMITATION, TO THE EXISTENCE OF LIENS AGAINST THE PROPERTY, THE VALUE,
QUALITY, PHYSICAL AND ENVIRONMENTAL CONDITION OF THE PROPERTY AND/OR
MATERIALS CONTAINED OR LOCATED IN, ON OR UNDER THE PROPERTY AND/OR
IMPROVEMENTS LOCATED THEREON, THE NATURE OF THE PAST OR HISTORIC USE
OF THE PROPERTY, MERCHANTABILITY, OR FITNESS FOR PURPOSE OF ANY OF THE
PROPERTY. Buyer further acknowledges that, in entering into this Contract, he/she/it has relied
solely upon his/her/its independent evaluation and examination of the Property and public records
relating to the Property and the independent estimates, computations, evaluations and studies based
thereon. Seller makes no warranty or representation as to the accuracy, completeness or usefulness
of any information furnished to Buyer, if any, whether furnished by Seller or any other third party.
Seller, its officers, employees, elected officials and agents assume no liability for the accuracy,
completeness or usefulness of the material famished by the Seller, or any of its officers, employees,
elected officials and/or agents, if any, and/or any other person or party. Reliance on any material so
furnished shall not give rise to any cause, claim or action against Seller, its officers, employees,
elected officials and/or agents, and any such reliance shall be at Buyer's sole risk.
Section 3.2. Disclaimer -No Warranty. Expressed or Implied. THE DEED WITHOUT
WARRANY OF THE PROPERTY DESCRIBED ON EXHIBIT `B" SHALL BE ON A "WHERE
IS", "AS IS" AND "WITH ALL FAULTS" BASIS, AND SHALL BE WITHOUT
REPRESENTATION OR WARRANTY WHATSOEVER, EXPRESSED, STATUTORY OR
IMPLIED, INCLUDING, BUT WITHOUT LIMITATION, AS TO TITLE, INCLUDING, BUT
NOT LIMITED TO THE EXISTENCE OF LIENS AGAINST THE PROPERTY, THE
DESCRIPTION, PHYSICAL AND ENVIRONMENTAL CONDITION OF THE PROPERTY
AND/OR MATERIALS CONTAINED OR LOCATED IN, ON OR UNDER THE PROPERTY
AND/OR HAPROVEMENTS LOCATED THEREON, THE NATURE OF THE PAST OR
HISTORIC USE OF THE PROPERTY, QUALITY, VALUE, FITNESS FOR PURPOSE,
MERCHANTABILITY, OR OTHERWISE. Buyer has satisfied himseWherself/itself, as to the
title, type, condition, quality and extent of the property and property interests which comprise the
Property he/she/it is receiving pursuant to this Contract.
ARTICLE IV
REPRESENTATIONS, WARRANTIES
AND COVENANTS OF BUYER
Section 4.1. Representations. Warranties and Covenants of Buyer. To induce Seller to
enter into this Contract and to consummate the sale and purchase of the Property in accordance
herewith, Buyer represents and warrants to Seller, as of the Closing Date, that:
(a) Buyer has the full right, power and authority to purchase the Property from Seller as
provided in this Contract and to carry out all of Buyer's obligations under this
Contract, and all requisite action necessary to authorize Buyer to enter into this
Contract and to carry out Buyer's obligations hereunder have been, or on or before
the Closing Date, will have been taken.
(b) Buyer hereby acknowledges that Buyer has been advised by Seller that it should
conduct, and Buyer acknowledges, and represents and warrants to Seller, that it has
conducted all investigation activities described herein.
(c) Buyer has not contracted or entered into any agreement with any real estate broker,
agent, finder, or any other party in connection with this transaction and has not taken
any action which would result in any real estate broker commissions or finders' fee
or any other fee or fees payable to any other party with respect to the transaction
contemplated in this Contract.
City of Lubbock
Bid ITB No. 16-12659-NW
(d) Buyer shall comply with all applicable federal, state and local laws, statutes,
ordinances, Hiles and regulations relating, in any way, manner or form, to any aspect
of the transaction contemplated by this Contract.
Section 4.2. Survival Beyond Closing. The representations, warranties and covenants of
Buyer contained in this Contract, as set forth in this Article IV shall survive the Closing.
ARTICLE V
INDEMNITY AND RELEASE
Section 5.1. Indemnity. TO THE FULLEST EXTENT PERMITTED BY LAW, BUYER
RELEASES AND SHALL INDEMNIFY AND HOLD HARMLESS SELLER, AND SELLER'S
RESPECTIVE OFFICERS, EMPLOYEES, ELECTED OFFICIALS AND AGENTS, FROM AND
AGAINST ANY AND ALL CLAIMS WHICH ARISE DIRECTLY OR INDIRECTLY, OR ARE
RELATED, IN ANY WAY, MANNER OR FORM, TO THE TRANSACTIONS AND
ACTIVITIES CONTEMPLATED HEREUNDER, THE OMISSION OF THE TRANSACTIONS
AND ACTIVITIES HEREUNDER, OR CAUSED BY, CONNECTED WITH, OR RELATED TO
THE PRESENCE, DISPOSAL, OR RELEASE OF ANY MATERIAL OF ANY KIND
INCLUDING, WITHOUT LIMITATION, HAZARDOUS SUBSTANCES, AS DEFINED IN THE
COMPREHENSIVE ENVIRONMENTAL RESPONSE, COMPENSATION AND LIABILITY
ACT (42 U.S.C.S. §9601(14)), AND THE REGULATIONS PROMULGATED THEREUNDER,
AS EACH OF SAME MAY BE AMENDED, PETROLEUM AND PETROLEUM PRODUCTS
AND BYPRODUCTS AND/OR ASBESTOS IN ANY FORM, FROM OR UPON THE
PROPERTY AT THE TIME IT IS CONVEYED TO BUYER OR THEREAFTER, EVEN
THOUGH ANY OF THE ABOVE ARE CAUSED, OR CONTRIBUTED TO, BY THE
NEGLIGENCE OR FAULT OF SELLER, ITS RESPECTIVE OFFICERS, EMPLOYEES,
ELECTED OFFICIALS AND/OR AGENTS. THE BUYER FURTHER COVENANTS AND
AGREES TO DEFEND ANY SUITS OR ADMINISTRATIVE PROCEEDINGS BROUGHT
AGAINST THE SELLER, AND/OR THE SELLER'S RESPECTIVE OFFICERS, EMPLOYEES,
ELECTED OFFICIALS AND/OR AGENTS ON ACCOUNT OF ANY SUCH CLAIM, AND TO
PAY OR DISCHARGE THE FULL AMOUNT OR OBLIGATION OF ANY SUCH CLAIM
INCURRED BY, ACCRUING TO, OR IMPOSED ON THE SELLER, THE SELLER'S
RESPECTIVE OFFICERS, EMPLOYEES, ELECTED OFFICIALS AND/OR AGENTS, AS
APPLICABLE, RESULTING FROM ANY SUCH SUITS, CLAIMS AND/OR
ADMINISTRATIVE PROCEEDINGS OR ANY MATTERS RESULTING FROM THE
SETTLEMENT OR RESOLUTION OF SAID SUITS, CLAIMS, AND/OR ADMINISTRATIVE
PROCEEDINGS. IN ADDITION, THE BUYER SHALL PAY TO THE SELLER, THE
SELLER'S RESPECTIVE OFFICERS, EMPLOYEES, ELECTED OFFICIALS AND/OR
AGENTS, AS APPLICABLE, ALL ATTORNEYS' FEES INCURRED BY SUCH PARTIES.
Section 5.2. Survival Beyond Closing. The indemnity provisions contained in this
Contract, as set forth in this Article V, shall survive the Closing.
ARTICLE VI
CONDITIONS PRECEDENT TO SELLER'S PERFORMANCE
Section 6.1. Breach of Buyer's Representations. Warranties and Covenants. Seller is not
obligated to perform under this Contract unless all of the representations, warranties, covenants and
agreements of Buyer set forth in this Contract are true and correct in all material respects as of the
Closing Date.
City of Lubbock
Bid rrB No. 1612659-MA
ARTICLE VII
CLOSING
Section 7.1. Place of Closing. The Closing (herein so called) shall take place on the
Closing Date in the offices of the City of Lubbock, Office of the Right -of -Way Agent, Davy
Booher, 1625 13th Street, Lubbock, Texas.
Section 7.2. Closing.
(a) Items to be Delivered at Closing - Seller. At Closing, Seller shall deliver to Buyer, at
its sole cost and expense, the following item:
(i) A Deed Without Warranty, in the form attached hereto as Exhibit
"B", duly executed by Seller and acknowledged. Buyer shall be
responsible for any and all costs associated with the recording of said
Deed Without Warranty.
(b) Items to be Delivered at Closing - Buyer. At Closing, Buyer shall deliver to the
Seller the following items:
(i) the cash sum required by Section 2.1;
(ii) A Deed Without Warranty, in the form attached as Exhibit `B", duly
executed by Buyer and acknowledged;
(iii) any other items reasonably requested by the Seller as administrative
requirements for consummating the Closing.
Section 7.3. Responsibilities of Buyer. Notwithstanding anything to the contrary herein,
this Section 7.3 shall survive the Closing. Buyer shall be solely responsible for the following items:
(a) Ad valorem taxes relating to the Property for the calendar years prior to the year in
which the Closing shall occur, if any, shall be the sole responsibility of, and shall be paid by Buyer,
at Closing. Further, all ad valorem taxes relating to the Property for the calendar year in which the
Closing shall occur, if any, shall be the sole responsibility of Buyer and Buyer shall promptly pay
such ad valorem taxes when same become due and owing.
ARTICLE VIII
DEFAULTS AND REN
Section 8.1. Seller's Default: Buver's Remedies.
(a) Seller's Defaults. Seller is in default under this Contract if Seller fails to meet,
comply with, or perform in any material respect any obligation on Seller's part required herein
within the time limits and in the manner required by this Contract.
(b) Buyer's Remedies. If Seller is in default hereunder, Buyer may, as Buyer's sole and
exclusive remedy, terminate this Contract and, following the expiration of five (5) calendar days
after written notice delivered to Seller, receive the Earnest Money as liquidated damages.
Section 8.2 Buyer's Default: Seller's Remedies.
(a) Buyer's Defaults. Buyer is in default under this Contract if Buyer fails to:
(i) meet, comply with, or perform in any material respect, any obligation on
Buyer's part required herein within the time limit and in the manner required
by this Contract.
(b) Seller's Remedies. If Buyer is in default under this Contract, Seller may terminate
this Contract and retain the Earnest Money and bring an action for specific performance or damages,
and pursue any other remedy available to Seller at law, in equity and under the terms of this
Contract. The exercise of any right or remedy shall not preclude the concurrent or subsequent
exercise of any other right or remedy and all rights and remedies shall be cumulative.
ARTICLE IX
NOTICE
Section 9.01. Notice. Whenever notice from Buyer to Seller or from Seller to Buyer is
required or permitted by this Contract and no other method of notice is provided, such notice shall
be given by (i) actual delivery of the written notice to the other party by hand or telephone facsimile
(in which case such notice shall be effective upon delivery); or (ii) by depositing the written notice
in the United States mail, postage prepaid, properly addressed to the other party at the address
provided in this article, registered or certified mail, return receipt requested, in which case such
notice shall be effective on the third business day after such notice is so deposited.
&N
are:
Section 9.02. Seller's Address. The Seller's address and numbers for the purpose of notice
SELLER: CITY OF LUBBOCK
Davy Becher
Right -of -Way Agent
P. O. Box 2000
Lubbock, Texas 79457
(806) 775-2352
Section 9.03. Buyer's Address. The Buyer's address and numbers for the purpose of notice
BUYER: CCP Investments, LLC
1201 Monticello Avenue
Lubbock, Texas 79416
817-809-6365 (Telephone Number)
806-775-9980 (Telephone Facsimile Number)
ARTICLE X
MISCELLANEOUS
Section 10.01. Entire Agreement. This Contract, including all exhibits and parts hereof,
including the Invitation to Bid, Bid Form and Instructions to Bidders relating to Invitation to Bid
Number 16-12659-MA hereto (the "Contract Documents"), contain the entire agreement between
the Seller and Buyer, and there are no other written or oral promises, conditions, warranties, or
representations relating to or effecting the matters contemplated herein.
City of Lubbock
Bid IT8 No. 16-1265E-MA
Section 10.02. Amendment. No amendment, modification, or alteration of the terms of this
Contract shall be binding unless such amendment, modification, or alteration is in writing, dated
subsequent to the date of this Contract, and duly executed by the Seller and Buyer.
Section 10.03. Construction and Venue. THIS CONTRACT AND THE TRANSACTIONS
CONTEMPLATED HEREIN SHALL BE GOVERNED BY AND CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF TEXAS. THE PARTIES HERETO
HEREBY IRREVOCABLY CONSENT TO THE EXCLUSIVE JURISDICTION AND VENUE
OF THE COURTS OF THE STATE OF TEXAS, COUNTY OF LUBBOCY, FOR PURPOSES OF
ALL LEGAL PROCEEDINGS ARISING OUT OF OR RELATING TO THIS AGREEMENT OR
THE TRANSACTIONS AND ACTIVITIES CONTEMPLATED HEREBY.
Section 10.04. Severability. If any provision, or part thereof, of this Contract is ever held to
be invalid or ineffective by any court of competent jurisdiction with respect to any person or
circumstance, the remainder of this Contract and the application of such provision to persons and/or
circumstances other than those with respect to which it is held invalid or ineffective shall not be
affected thereby.
Section 10.05. Successors and Assians. This Contract binds and inures to the benefit of the
Seller and Buyer, and to Seller's, and to the extent permitted, Buyer's, respective successors, legal
representatives, heirs, devisees and assigns.
Section 10.06. Risk of Loss. If any part of the Property is materially damaged or destroyed
by fire or other casualty loss, Buyer may either (i) terminate this Contract, provided that notice of
termination is given by Buyer to Seller, as provided herein, on or before the Date of Closing; or (ii)
accept the Property in its damaged condition and close the transaction contemplated by this
Contract.
Section 10.07. Attomev's Fees. If either party hereto shall be required to utilize an attorney
to enforce or defend the rights of such party hereunder, the prevailing party shall be entitled to
recover its reasonable attorney's fees. Except as otherwise provided herein, each party hereto shall
be solely responsible for all expenses, including but not limited to attorney's fees, incurred by him
or her, in connection with the Contract and the transaction contemplated hereby.
Section 10.08. motions. The captions of articles and sections in this Contract are inserted
in this Contract strictly for the parties' convenience in identifying the provisions to this Contract
and shall not be given any affect in construing this Contract.
Section 10.09. Incorporation of Contract Documents. The terms and provisions of the
Contract Documents are hereby incorporated into this Contract for Sale for all intents and purposes.
Section 10.10.Non -Arbitration. The City reserves the right to exercise any right or remedy
available to it by law, contract, equity, or otherwise, including without limitation, the right to seek
any and all fors of relief in a court of competent jurisdiction. Further, the City shall not be subject
to any arbitration process prior to exercising its unrestricted right to seek judicial remedy. The
remedies set forth herein are cumulative and not exclusive, and may be exercised concurrently. To
the extent of any conflict between this provision and another provision in, or related to, this
document, this provision shall control.
IN WITNESS WHEREOF, this Agreement is executed as of the Effective Date.
City of Lubbock
Bid ITB No. 16-12659-MA
City of Lubbock, Texas:
Glen . Robertson, Mayor
ATTEST:
D ,O,� =w�K
Re cca Garza, City SecrekyJ
APPROVED AS TO CONTENT:
U
Davy Boohe , Right of Way Agent
'Public Works
APPROVED AS TO FORM:
Buyer:
By: 1 )
Printed Name: GcP Inve,}rwn Fs L.LL I Paul Coraerp
Title: n o v—
�, / - ,
L 3Dw�/ cam()
John Gra Vej AAistdnt City Attorney
City of Lubbock
Bid ITB No. 16-12659-MA
City of Lubbock
Purchasing and Contract Management
ITB No. 16-12659-MA
Sale of Real Estate Located at 2420 3rd Street, Lubbock, TX
Real Estate Description
The site is located on 2420 3rd Street, Lubbock, Texas.
Legal Description: Perkins Blk 4 E48.8" of 32 & All of 33
Exhibit A
Lubbock Central Appraisal District
2015 Preliminary Values
•'
Home
' Property Detail Sheet (R105064)
'
General Information
History plat Mao GIS Mao UJ Datasheet
News
RL118 � Pay Taxes T Protest
FAQ
Forms
Owner Information
Searches
Owner ID: 00231496
Owner Name: FIESTAS DEL LLANO INC
• OuickRef ID Search
Owner Address: PO BOX 94814
• Owner Search
LUBBOCK,TX 79493
Property Address: 2420 3RD ST
• Address Search
LUBBOCK, TX 79415
• Advanced Search Parcel Information
• Neighborhood Search Legal Description:
PERKINS BILK 4 E48.8' OF 32 S ALL OF 33
Neighborhood:
0105(0105 - City Of Lubbock
Property Data Acreage:
• Detail Sheet Cross Reference:
R699300-00004-00031-000
Undivided Interest:
• Datasheet Exemotion Codes:
EXC (Exempt - Charitable)
• Bills Entity Codes:
CLB (City Of Lubbock)
GLB (Lubbock County)
Other
HSP (Lubb Cnty Hospital)
SLB(Lubbock lSD)
• Appraisal Notice Information
WHP (Hi Plains Water)
• Online Protest Instructions Deed Type:
Warranty Deed
Deed Book:
8212
• Properly Taxpayer Remedies Deed Page.
329
Map Page:
019
• Appraisal Protests and Appeals Links:
• Property Tax Basics
Values Breakdown
2015 Preliminary Value
• Property Tax Assistance Division Land HS:
$0 +
• Installment Payments Land NHS:
$19,278 +
Improvement HS:
$0 +
• GIS Maps Improvement NHS:
$37,499 +
Ag Market:
$0
• Data Downloads Ag Use:
$0 +
Timber Markel:
$0
• Payment Information Timber Use:
$0+
• Esp. Property Taxpayer Remedies Assessed:
$56,777 =
• Public Information Requot
Improvements
• Esp. Appraisal Protest anghppI8pe
SPTB Segs Val
Imol C (Commercial)XV
(XV - Other Exemptions incl public prop, religious. etc.)2
$ 37,4!
• Employment
• Esp. Property Tax Basic®
Land
• Freeport Worksheet ID Type
SPTB Acres Mz
• Property Tax Binding ArbiiC (Commercial)XV
(XV -Other Exemptions incl public prop, religious, etc.)
$ 19
• Property Tax Adminislra 6rrAdube A recent version of Adobe Acrobat Reader is required to view PDF
_ Reader'_ documents. Acrobat Reader is a free program available here.
• Property Tax Calendar
http://www.lubbockcad.org/AppraisaUPublicAccessIPropertyDetail.aspx?PropertyID=775... 7/23/2015
No Text
oil
41V
ul
CD
125'
725.3
ROW V162 P588
V
125'
Q' 60, N
rn
CD
ROW V%2 P588
127.5'
RCNV V162 P590
ROW V162 P368
N
m
�'-
20
;DEJ V91fx9R.I2 N
�
O
W
127,5'
127.5'
FO
60'
A
S
N
j
AND
co
i4
w O
w
N
A
127.5'
W
24'S
N
�
C2
�A�
A
LA o
C2
Y
A
fNPO
(0
ka
_a
co
�
A
A
°J
aa
170
N
M
Ol
oc
A
,A)
OG
fto
N
A
V
sy�
-TJ
co
INv
N
4
�
IrCJQ
-�
°p
80'
2' USE -LPL
1 5'
V1717P17
®e,
CERTIFICATE OF INTERESTED PARTIES
FORM 1295
loll
Complete Nos. 1- 4 and 6 if there are interested parties.
Complete Nos. 1, 2, 3, 5, and 6 if there are no interested parties.
OFFICE USE ONLY
CERTIFICATION OF FILING
Certificate Number:
2016-27904
Date Filed:
03/18/2016
Date Acknowledged:
1 Name of business entity filing form, and the city, state and country of the business entity's place
of business.
CCP Investments, LLC
Lubbock, TX United States
2 Name of governmental entity or state agency that is a parry to the contract for which the form is
being filed.
City of Lubbock
3 Provide the Identification number used by the governmental entity or state agency to track or identify the contract, and provide a
description of the goods or services to be provided under the contract.
12805 - Sale of Real Estate
Property Purchase
4
Name of Interested Party
City, State, Country (place of business)
Nature of interest (check applicable)
Controlling
Intermediary
5 Check only if there is NO Interested Party.
X
6 AFFIDAVIT I swear, or affirm, under penalty of perjury, that the above disclosure is true and correct.
earceooeorm
JACOB ESTRE O
NOTARY PUBLIC STATEOFTEXAS l
MY COMM. EXP. VMS --"�
NOTARY ID 13010857-8 Signature of authorized agent of contracting business entity
+r
Sworn to and subscribed before me, by the said 4 u \ l o t a Q t O , this the dayof Mlick ,
20�_, to certify which, witness my hand and seal of office.
Slgnatu of cer admini ring oath Printed name of officer administering oath -rifle
of officer administering oath
Forms provided by Texas Ethics Commission www.ethics.state.tx.us Version V1.0.312
CERTIFICATE OF INTERESTED PARTIES
FORM 1295
loll
Complete Nos. 1- 4 and 6 if there are interested parties.
Complete Nos.1, 2, 3, 5, and 6 if there are no interested parties.
OFFICE USE ONLY
CERTIFICATION OF FILING
Certificate Number:
2016-27904
Date Filed:
03/18/2016
Date Acknowledged:
03/28/2016
1 Name of business entity filing form, and the city, state and country of the business entity's place
of business.
CCP Investments, LLC
Lubbock, TX United States
2 Name of governmental entity or state agency that is a party to the contract for which the form is
being filed.
City of Lubbock
3 Provide the identification number used by the governmental entity or state agency to track or identity the contract, and provide a
description of the goods or services to be provided under the contract.
12805 - Sale of Real Estate
Property Purchase
4
Name of Interested Party
City, State, Country (place of business)
Nature of interest (check applicable)
Controlling
Intermediary
5 Check only if there is NO Interested Parry.
X
6 AFFIDAVIT I swear, or affirm, under penalty of perjury, that the above disclosure is true and correct.
Signature of authorized agent of contracting business entity
AFFIX NOTARY STAMP / SEAL ABOVE
Sworn to and subscribed before me, by the said , this the day of ,
20 , to certify which, witness my hand and seal of office.
Signature of officer administering oath Printed name of officer administering oath Title of officer administering oath
Forms provided by Texas Ethics Commission www.ethics.state.tx.us Version V1.U.312
Resolution No. 2016-R0091
NOTICE 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: March 10, 2016
Grantor: City of Lubbock, Texas
Grantor's Mailing Address:
P.O. Box 2000
Lubbock, Lubbock County, Texas 79457
Grantee: Paul Cordaro (c/o CCP Investments, LLC)
Grantee's Mailing Address:
1201 Monticello Avenue
Lubbock, Lubbock County, Texas 79416
Consideration:
Ten and No/100 Dollars ($10.00) and other good and valuable consideration.
Property (including any improvements):
That certain real property located at 2420 31d Street in Lubbock, Lubbock County, Texas, and
being further and more particularly described as Perkins Blk 4 E48.8' of 32 & All of 33.
Reservations From Conveyance:
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.
Exceptions to Conveyance:
I0i.
Representations and Warranties of Grantee:
Grantee represents and warrants to Grantor that it has made an independent inspection and
evaluation of the Property and the title to same and acknowledges that Grantor has made no
statements or representations concerning the present or future value of the Property, the
state of title of the Property, the condition, including the environmental condition of the
Property, or the anticipated income, costs, or profits, if any, to be derived from the Property.
FURTHER, GRANTOR MAKES NO REPRESENTATIONS OR WARRANTIES
WHATSOEVER, EXPRESSED, STATUTORY, OR IMPLIED, INCLUDING, BUT WITHOUT
Deed Without Warranty Page 1 of 3
LIMITATION, AS TO THE DESCRIPTION, TITLE, INCLUDING WITHOUT LIMITATION,
THE EXISTENCE OF LIENS AGAINST THE PROPERTY, THE VALUE, QUALITY,
PHYSICAL AND ENVIRONMENTAL CONDITION OF THE PROPERTY AND/OR
MATERIALS CONTAINED OR LOCATED IN, ON OR UNDER THE PROPERTY AND/OR
IMPROVEMENTS LOCATED THEREON, THE NATURE OF THE PAST OR HISTORIC
USE OF THE PROPERTY, MERCHANTABILITY OR FITNESS FOR PURPOSE OF ANY
OF THE PROPERTY.
Grantee further acknowledges that, in accepting this Deed Without Warranty, it has relied
solely upon its independent evaluation and examination of the Property, and public records
relating to the Property and the independent estimates, computations, evaluations, and
studies based thereon. Grantor makes no warranty or representation as to the accuracy,
completeness, or usefulness of any information furnished to Grantee, if any, whether
furnished by Grantor or any other third party. Grantor, its officers, employees, elected
officials, independent contractors, and agents assume no liability for the accuracy,
completeness, or usefulness of any material furnished by Grantor, or any of its officers,
employees, elected officials, independent contractors and/or agents, if any, and/or any other
person or party. Reliance on any material so furnished shall not give rise to any cause, claim,
or action against Grantor, its officers, employees, elected officials, independent contractors
and/or agents, and any such reliance shall be at Grantee's sole risk.
THE CONVEYANCE OF THE PROPERTY SHALL BE ON A "WHERE IS", "AS IS", AND
"WITH ALL FAULTS" BASIS, AND SHALL BE WITHOUT REPRESENTATION OR
WARRANTY WHATSOEVER, EXPRESSED, STATUTORY OR IMPLIED, INCLUDING,
BUT WITHOUT LIMITATION, AS TO TITLE, INCLUDING, BUT NOT LIMITED TO THE
EXISTENCE OF LIENS AGAINST THE PROPERTY, THE DESCRIPTION, PHYSICAL AND
ENVIRONMENTAL CONDITION OF THE PROPERTY AND/OR MATERIALS CONTAINED
OR LOCATED IN, ON OR UNDER THE PROPERTY AND/OR IMPROVEMENTS LOCATED
THEREON, THE NATURE OF THE PAST OR HISTORIC USE OF THE PROPERTY,
QUALITY, VALUE, FITNESS FOR PURPOSE, MERCHANTABILITY OR OTHERWISE.
Grantee has satisfied itself as to the title, type, condition, quality, and extent of the property
and property interests which comprise the Property it is receiving pursuant to this Deed
Without Warranty.
GRANTOR, FOR THE CONSIDERATION AND SUBJECT TO THE RESERVATIONS AND EXCEPTIONS
TO CONVEYANCE, GRANTS, SELLS, AND CONVEYS TO GRANTEE THE PROPERTY, TO HAVE AND
TO HOLD IT TO GRANTEE AND GRANTEE'S SUCCESSORS AND ASSIGNS FOREVER, WITHOUT
WARRANTY, EXPRESS OR IMPLIED, STATUTORY OR OTHERWISE, AND ALL WARRANTIES THAT
MIGHT ARISE BY COMMON LAW AND THE WARRANTIES CREATED BY SECTION 5.023 OF THE
TEXAS PROPERTY CODE (AND ALL AMENDMENTS AND SUCCESSORS THERETO) ARE
EXPRESSLY EXCLUDED.
EXECUTED THIS loth DAY OF March 2016.
GRANTOR:
CITY OF LUBBOCK
� -, zj W/
GLEN O RTSON,MAYOR
GRANTEE:
CCP INVESTMENTS, LLC
P GABER9,MANAGER
(41r4,,4
Deed Without Warranty
Q C. Page 2 of 3
ATTEST:
Rebe ca Garza, -City Secretary
Public Works
Booher, Right -of -Way
APPROVED AS TO FORM:
Justin ru tt, AssistK2, 44
aCity Attor y
STATE OF TEXAS
COUNTY OF LUBBOCK §Nv'� h /� ��
This instrument was acknowledged before me on this ' day o UI.�,Ut- , 2(k by Glen
C. Robertson, Mayor of the City of Lubbock.
5k"- N04,N tary Public, State of
Vy commission expires:(
Deed Without Warranty Page 3 of 3
^^4>^File and Return to
Resolution No.2016-R0091 Dave Booher R.O.W.
Cityof Lubbock
NOTICE OF CONFIDENTIALITY RIGHTS:IF YOU ARE A NATURAL PERSON,fpu
YOU MAY REMOVE OR STRIKE ANY OF THE FOLLOWING INFORMATION ^S
FROM THIS INSTRUMENT BEFORE IT IS FILED FOR RECORD IN THE ^
PUBLIC RECORDS:YOUR SOCIAL SECURITY NUMBER OR YOUR Sh;oDRIVER'S LICENSE NUMBER.^S
DEED WITHOUT WARRANTY TH
Date:March 10,2016 ^
Grantor:City of Lubbock,Texas =»-
Grantor's Mailing Address:^P
P.O.Box 2000
Lubbock,Lubbock County,Texas 79457 Hi
Grantee:Paul Cordero (c/o CCP Investments,LLC)
Grantee's Mailing Address:
1201 Monticello Avenue
Lubbock, Lubbock County,Texas 79416
Consideration:
Ten and No/100 Dollars ($10.00) and other good and valuable consideration.
Property (including any improvements):
That certain real property located at 2420 3rd Street in Lubbock,Lubbock County,Texas, and
being further and more particularly described as Perkins Blk 4 E48.8'of 32 &All of 33.
Reservations From Conveyance:
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 forthe purpose of exploring for,drilling
for,producing and marketing oil,gas and other minerals.
Exceptions to Conveyance:
None
Representations and Warranties of Grantee:
Grantee represents and warrants to Grantorthat ithas made an independent inspection and
evaluation of the Property and the title to same and acknowledges that Grantor has made no
statements or representations concerning the present or future value of the Property, the
state of title of the Property,the condition, including the environmental condition of the
Property, or the anticipated income, costs, or profits,ifany, to be derived fromthe Property.
FURTHER,GRANTOR MAKES NO REPRESENTATIONS OR WARRANTIES
WHATSOEVER,EXPRESSED,STATUTORY,OR IMPLIED,INCLUDING, BUT WITHOUT
Deed Without Warranty Page 1 of 3
LIMITATION, AS TO THE DESCRIPTION, TITLE, INCLUDING WITHOUT LIMITATION,
THE EXISTENCE OF LIENS AGAINST THE PROPERTY, THE VALUE, QUALITY,
PHYSICAL AND ENVIRONMENTAL CONDITION OF THE PROPERTY AND/OR
MATERIALS CONTAINED OR LOCATED IN, ON OR UNDER THE PROPERTY AND/OR
IMPROVEMENTS LOCATED THEREON, THE NATURE OF THE PAST OR HISTORIC
USE OF THE PROPERTY, MERCHANTABILITY OR FITNESS FOR PURPOSE OF ANY
OF THE PROPERTY.
Grantee further acknowledges that, in accepting this Deed Without Warranty, it has relied
solely upon its independent evaluation and examination of the Property, and public records
relating to the Property and the independent estimates, computations, evaluations, and
studies based thereon. Grantor makes no warranty or representation as to the accuracy,
completeness, or usefulness of any information furnished to Grantee, if any, whether
furnished by Grantor or any other third party. Grantor, its officers, employees, elected
officials, independent contractors, and agents assume no liability for the accuracy,
completeness, or usefulness of any material furnished by Grantor, or any of its officers,
employees, elected officials, independent contractors and/or agents, if any, and/or any other
person or party. Reliance on any material so furnished shall not give rise to any cause, claim,
or action against Grantor, its officers, employees, elected officials, independent contractors
and/or agents, and any such reliance shall be at Grantee's sole risk.
THE CONVEYANCE OF THE PROPERTY SHALL BE ON A "WHERE IS", "AS IS", AND
"WITH ALL FAULTS" BASIS, AND SHALL BE WITHOUT REPRESENTATION OR
WARRANTY WHATSOEVER, EXPRESSED, STATUTORY OR IMPLIED, INCLUDING,
BUT WITHOUT LIMITATION, AS TO TITLE, INCLUDING, BUT NOT LIMITED TO THE
EXISTENCE OF LIENS AGAINST THE PROPERTY, THE DESCRIPTION, PHYSICAL AND
ENVIRONMENTAL CONDITION OF THE PROPERTY AND/OR MATERIALS CONTAINED
OR LOCATED IN, ON OR UNDER THE PROPERTY AND/OR IMPROVEMENTS LOCATED
THEREON, THE NATURE OF THE PAST OR HISTORIC USE OF THE PROPERTY,
QUALITY, VALUE, FITNESS FOR PURPOSE, MERCHANTABILITY OR OTHERWISE.
Grantee has satisfied itself as to the title, type, condition, quality, and extent of the property
and property interests which comprise the Property it is receiving pursuant to this Deed
Without Warranty.
GRANTOR, FOR THE CONSIDERATION AND SUBJECT TO THE RESERVATIONS AND EXCEPTIONS
TO CONVEYANCE, GRANTS, SELLS, AND CONVEYS TO GRANTEE THE PROPERTY, TO HAVE AND
TO HOLD IT TO GRANTEE AND GRANTEE'S SUCCESSORS AND ASSIGNS FOREVER, WITHOUT
WARRANTY, EXPRESS OR IMPLIED, STATUTORY OR OTHERWISE, AND ALL WARRANTIES THAT
MIGHT ARISE BY COMMON LAW AND THE WARRANTIES CREATED BY SECTION 5.023 OF THE
TEXAS PROPERTY CODE (AND ALL AMENDMENTS AND SUCCESSORS THERETO) ARE
EXPRESSLY EXCLUDED.
EXECUTED THIS I Oth DAY OF March 2016.
GRANTOR:
CITY OF LUBBOCK
GLEN .ROBERTSON,MAYOR
GRANTEE:
CCP INVESTMENTS, LLC
Q�
PA L-GeBERG, MANAGER
C"ry
Deed Without Warranty Page 2 of 3
A
TTEST
:
Rebecca Garza, City Secret ry
;APPROVED AS.TO CO TENT:
Wood a , P.E., Director o Public Works
Dave Booher, Right -of -Way Agent
APPROVED AS TO FORM:
Justin ru tt, Assistl
City AftbTf 6y
STATE OF TEXAS
COUNTY OF LUBBOCK §
This instrument was acknowledged before me on this j day of " 2& by Glen
C. Robertson, Mayor of the City of Lubbock.
of Public, State of Te _ _ /
My commission expires: 2 (Q
FILED AND RECORDED
OFFICIAL PUBLIC RECORDS
0,,41otn%
Kelly Pinion County Clerk
Lubbock Ccuniy TEXXS
04/05/2026 03:F56 PM
FEE: $34.00
2016 11741
Deed Without Warranty Page 3 of 3