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HomeMy WebLinkAboutResolution - 351 - Contract - R.E. Jones - Extend Time Of Payment Of A Paving Assessment Lien - 11/29/1979JWF:bs RESOLUTION 4351 - 11/29/79 RESOLUTION BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Mayor of the City of Lubbock BE and is hereby authorized and directed to execute for and on behalf of the City of Lubbock a contract to extend time of payment of a Paving Assessment Lien by R. E. Jones to said City, a copy of which is attached herewith which shall be spread upon the minutes of the Council and as spread upon the minutes of this Council shall constitute and be a part of this Resolution as if fully copied herein in detail. Said City is to receive a Street Dedication Deed as consideration therefor. Passed by the City Council this 29th day of November 1979. DIRK WEST, MAYOR ATTEST: Zwiyn,;Ga fga, City Secre y- Treasurer APPROVED AS TO CONTENT: l Tom Nivens, Right -of -Way Agent APPROVED TO FORM: G Rf :, " ED7 Q 1-8 •7� STREET DEDICATION DEED THE STATE OF TEXAS X KNOW ALL MEN BY THESE PRESENTS: COUNTY OF LUBBOCK THAT R. E. JONES, for and in consideration of the sum of ONE AND NO/100 DOLLAR ($1.00) and other good and valuable consideration, to me in hand paid by the CITY OF LUBBOCK a Home Rule Municipal Corporation, do hereby dedicate to the public for public use forever and for street purposes, the following described tract of land situated in Lubbock County, Texas, as more particularly described as.follows, to -wit: BEGINNING at a point which is 1,584.00 feet West of the Northeast corner of Section 15, Block E-2, Lubbock County, Texas; THENCE East 528.00 feet to a point; THENCE South 55,00 feet to a point; THENCE West 21.35 feet to a point; THENCE North 5.00 feet to a point; THENCE West 10.00 feet to a point; THENCE South 5.00 feet to a point; THENCE West 451.65 feet to a point, said point being the beginning of a curve in a Southwesterly direction, the radius point of which bears South 15.00 feet, with a delta angle of 90 degrees and an arc length distance of 23.56 feet; THENCE around said 15.00 foot radius curve an arc length distance of 23.56 feet to a point; THENCE West 30.00 feet to a point; THENCE North 70.00 feet to the POINT OF BEGINNING. 29,488.29 Square Feet 0.677 Acres TO HAVE AND TO HOLD this above described premises, together with all and singular the rights and appurtenances thereto in anywise belonging unto the said public forever so long as said premises are used for public street purposes. Said property above described is not used or claimed as homestead of any kind whatsoever. WITNESS MY HAND THIS day of R. E. JON12 THE STATE OF TEXAS COUNTY OF LUBBOCK Before me, the undersigned authority, on.,this day personally appeared R. E. JONES, known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed the same for the purposes and consideration therein expressed. GIVEN UNDER MY HAND AND SEAL OF OFFICE this the./ -`j, day Notary public, .�.ubback County, Texas voi IF74 pas= 301 RESOLUTION 4351 - 11/29/79 CONTRACT TO EXTEND TIME OF PAYMENT OF A PAVING ASSESSMENT'LIEN'AND PROVIDE'FOR'THE CONTINUED 'VALIllITY'OF SUCH'LIEN IN EXCHANGE FOR STREET DEDICATION This agreement made as of the 29th day of November , 1979, by and between R.E. Jones herein called "OWNER" and the CITY OF LUBBOCK, TEXAS, a Home Rule Municipality located in Lubbock County, Texas, acting by and through its Mayor, herein called "CITY", said agreement becoming effective upon execution by both parties hereto. WITNESSETH: SECTION I - SUBJECT MATTER OF TRANSACTION The purpose of this agreement is the extension of time of payment of a paving assessment created by City Ordinance No. 7843 enacted October 11, 1979, and filed for record in Volume 1662, Pages 466-505 (inclusive) and particularly Page 494 therein of the Deed Records of Lubbock County, Texas. This assess- ment being secured by a lien to pay the cost of paving adjacent to the follow- ing described tract of land, to -wit: Beginning at a point which is 1,539.00 feet West and 55.00 feet South of the Northeast corner of Section 15, Block E-2, Lubbock County, Texas; Thence East along a line 55.00 feet South and parallel to the North line of said Section 15, Block E-2 a distance of 483.00 feet to a point; Thence South 150.00 feet to a point; Thence West 498.00 feet to a point, said point being 60.00 feet East of the East line of Tract A, Sh Ri De Heights Addition to the City of Lubbock, Texas; Thence North along a line 60.00 feet East and parallel to the East line of said Sh Ri De Heights Addition a distance of 135.00 feet to a point, said point being the beginning of a curve in a Northeasterly direction whose radius point bears East 15.00 feet, with a delta angle of 90% a tangent length of 15.00 feet and an arc length distance of 23.56 feet; Thence around said 15.00 foot radius curve an arc length distance of 23.56 feet to the Point of Beginning. For and in consideration of extension of time to pay off said lien as above described and on the terms herein set forth, OWNER agrees immediately upon being requested in writing by City delivered by certified U.S. mail to OWNER (R.E. Jones) to his last address known by City, to execute and forward to the City a Dedication Deed on a form submitted by City to OWNER contempor- aneously with this Agreement, dedicating a strip of land to the City and/or the Public for use as a public street covering the following described tract of real estate: BEGINNING at a point which is 1,584.00 feet West of the Northeast corner of Section 15, Block E-2, Lubbock County, Texas; THENCE East 528.00 feet to a point; THENCE South 55.00 feet to a point; THENCE West 21.35 feet to a point; THENCE North 5.00 feet to a point; THENCE West 10.00 feet to a point; THENCE South 5.00 feet to a point; THENCE West 451.65 feet to a point, said point being the beginning of a curve in a Southwesterly direction, the radius point of which bears South 15.00 feet, with a delta angle of 90* and an arc length distance of 23.56 feet; THENCE around said 15.00 foot radius curve an arc length distance of 23.56 feet to a point; THENCE West 30.00 feet to a point; THENCE North 70.00 feet to the Point of Beginning. 29,488.29 Square Feet, 0.677 Acres. If said dedication deed is not received by City within 30 days after date of this agreement in form suitable for recordation, then in such event this agreement may at option of City be declared null and void, and no longer of any force or effect. SECTION II For and in consideration of the City of Lubbock paying for the construction of the paving adjacent and abutting the hereinabove described property, OWNER, its successors and assigns as owner of such property promises and does hereby by these presents promise to pay to the City of Lubbock $9,591.48 on or before the end of the sixtieth (60th) month following the acceptance of the paving improvements by the City of Lubbock; or when OWNER, his heirs or assigns plats for development under Article 974A, Vernon's Civil Statutes of Texas, all or any part of the real estate owned by OWNER, his heirs or assigns which is adjacent to the tract to be dedicated for street above described and/or which abuts 82nd St.; or when OWNER, his heirs or assigns, sells all or any part of such real estate --whichever event of said three events, shall first occur, and in any event not later than the end of said sixtieth (60th) month after acceptance of paving improvements by the City. SECTION III Should the hereinabove described paving assessment of $9,591.48 on the hereinabove described property be paid in whole or in part later than the sixtieth (60th) month following acceptance of the paving improvements by the City of Lubbock, then the City shall charge and OWNER, his heirs or assigns agrees and obligates itself to pay six percent (6X) per annum interest from and after the end of said sixtieth (60th) month on the principal amount of $9,591.48 so much thereof that remains unpaid. SECTION IV OWNER, his heirs or assigns, acknowledges the existence of the paving assessment lien against OWNER under said Ordinance No. 7843, against the here- inabove described property; such assessment lien created by City Ordinance No. 7843 and filed for record in the Deed Records of Lubbock County, Texas, in Volume 1662, Pages 466-505 (inclusive) and particularly page 494 therein, and enacted on October 11, 1979, and further, OWNER agrees that the hereinabove described paving assessment lien on the property described in said Ordinance shall remain valid, and this agreement shall in no wise be construed as a waiver or release by the City of Lubbock of said lien but same shall remain as security for this agreement and have the same force and effect as though a paving certificate were issued under the terms of the above described Ordinance. Executed by the parties in duplicate originals as of the date first written in this agreement. OWNER: R. E. JONES CITY OF LUBBOCK DIRK WEST, MAYOR ATTEST: tJZxs Evelyn Gaf ga, City 6edlary-Treas. APPROVED AS TO CONTENT: Tom Nivens, Right -Of -Way Agent APPROV AS TO FORM: ELI J. q�th Fullingim, Asst. Cit& Attorney THE STATE OF TEXAS X COUNTY OF LUBBOCK BEFORE ME, the undersigned authority, a Notary Public in and for said County, Texas, on this day personally appeared R.E. JONES, known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he executed the same for the purposes and consideration therein expressed. GIVEN UNDER MY HAND AND SEAL OF OFFICE this day of 1979. (SEAL) Notary Public, Lubbock County, Texas THE STATE OF TEXAS COUNTY OF LUBBOCK BEFORE ME, the undersigned authority, a Notary Public in and for said County, Texas, on this day personally appeared DIRK WEST, known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he executed the same as the act and deed of the CITY OF LUBBOCK, and as MAYOR, for the purposes and consideration therein expressed, and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE th O��N day dN� 1979. (SEAT.) Notary INN >Lubbock C6unty, Texas