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HomeMy WebLinkAboutResolution - 2018-R0050 - Deed Without Warranty With LHUCA And Charles Adams Studio - 01/25/2018Resolution No. 2018-R0050 1mA�'x1;11 January 25, 2018 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, a Deed Without Warranty for the conveyance of real property interest located in Block 6, Original Town of Lubbock, Lubbock County, Texas, by and between the City of Lubbock, The Louise Hopkins Underwood Center for the Arts, a Texas Exempt Corporation, and The Charles Adams Studio Project, A Texas Nonprofit Corporation, and related documents. Said Deed Without Warranty 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 Januar)� 2.5, 2018 DANIEL M. POPE, MAYOR ATTEST: Reb t ca Garza, City Secreta y APPROVED AS TO CONTENT: lam/• �� W. Ja ett Atkinson, City Manager APPROVED AS TO FORM: Ryan ooke, Assistant City Attorney RES. Deed Without Warranty-LHUCA-CASP-City 1.10.18 Resolution No. 2018-R0050 F11a and Retum to Cdv�smwkovl C*of Deed Without Warranty Conveying Determinable Life Estate 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. Date: January 25 2018 Grantor: The Louise Hopkins Underwood Center for the Arts, a Texas Exempt Corporation (erroneously styled Louise Hopkins Underwood Center for the Arts, Inc. in a deed recorded under the Clerk's File Number 2010017495 of the Official Public Records of Lubbock County, Texas) f/k/a Lubbock Regional Arts Center (hereinafter referred to at times as "LHUCA"). Grantor's Mailing Address: 511 Ave. K. Lubbock, Texas 79401 Lubbock County Grantor: City of Lubbock, a Texas home rule municipal corporation (hereinafter "CITY") Grantor's Mailing Address: P.O. Box 2000 Lubbock, Texas 79457 Lubbock County Grantee: The Charles Adams Studio Project, A Texas Nonprofit Corporation, (hereinafter "GASP"). Grantee's Mailing Address: 602 Ave. J Lubbock, Texas 79401 Lubbock County Consideration: Grantors and Grantee expressly stipulate that Grantee shall utilize the Property solely in a manner that promotes the public purpose of the Grantors. Grantors and Grantee stipulate that the consideration of public purpose use by Grantee is the sole consideration to be received by Grantors for the conveyance of the Property by Grantors and that such consideration is sufficient in all respects. Page 1 of 5 -N m —co s W w� J F= � s FF=mv) ME 1EM0 m m _r 0 or t W— Zin Property (including any improvements): Grantors, LHUCA and CITY, for good and valuable consideration, grants and conveys to Grantee, an estate with the full possession, benefit, and use for so long as Grantee exists as a Texas Nonprofit Corporation, in: Lots Two (2), Three (3), Four (4), Five (5) , Six (6), Seven (7) , Eight (8), Nine (9), Ten (10), Eleven (11), Twelve (12), Thirteen (13), Fourteen (14), Fifteen (15), Sixteen (16), Seventeen (17), Eighteen (18), Nineteen (19), Twenty (20), Twenty -One (21), Twenty - Two (22), and Twenty -Three (23) all in Block Six (6), Original Town of Lubbock, Lubbock County, Texas, according to the map, plat and/or dedication deed thereof recorded in Volume 5, Page 384, of the Deed Records of Lubbock County. It is expressly understood and agreed that this conveyance shall be effective for only so long as the Property is used to promote the public purpose of the Grantors. For the purposes hereof, "public purpose" of the Grantors shall mean that of CASP in providing a central home for the arts and to foster the arts through education, exhibition and performance. If the Property ceases to be so used to promote the public purpose, all rights, title, and interest conveyed by this instrument shall automatically revert to and vest in LHUCA, subject to the terms and conditions set forth herein, and LHUCA's successors and assigns, without the necessity of any further act on the part of or on behalf of the Grantors, it being the intent of Grantors to convey a determinable life estate to the Grantee. Representations and Warranties of Grantee: Grantee warrants and represents that it is a non-profit organization, as the term is defined in the Texas Local Government Code Section 253.001(a), Grantee represents and warrants to Grantors that it has made an independent inspection and evaluation of the Property and the title to same and acknowledges that Grantors have 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, GRANTORS MAKES NO REPRESENTATIONS OR WARRANTIES WHATSOEVER, EXPRESSED, STATUTORY, OR IMPLIED, INCLUDING, BUT WITHOUT 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. Grantors make no warranty or representation as to the accuracy, completeness or usefulness of any information furnished to Grantee, if any, whether furnished by Grantors or any other third party. Grantors, its officers, employees, elected officials, independent contractors, and agents assume no Page 2 of 5 liability for the accuracy, completeness or usefulness of any material furnished by Grantors, 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 Grantors, 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 THEREOF, 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. Grantors, for the consideration and subject to the reservations and exceptions to conveyance, grants, sells, and conveys to Grantee a determinable life estate in the Property, to have and to hold together with all the rights and appurtenances lawfully accompanying it, for so long as Grantee exists as a Texas Nonprofit Corporation, 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. Reservations from Conveyance: None Exceptions to Conveyance and Warranty: Exception to conveyance and warranty is made with respect to 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, and water interests outstanding in persons other than Grantors, and other instruments, other than conveyances of the surface fee estate, that affect the Property; validly existing rights of adjoining owners in any walls and fences situated on a common boundary; any discrepancies, conflicts, or shortages in area or boundary lines; any encroachments or overlapping of improvements; and taxes for 2018, 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. Moreover, this instrument is expressly made subject to the restrictions, terms and conditions, burdening the land together with all rights of reverter reserved unto the City of Lubbock and pursuant to that certain Deed Without Warranty dated May 13, 2010, by and between the City of Lubbock, Texas as Grantor and Louise Hopkins Underwood Center for the Arts, Inc. as Grantee and filed as Instrument No. 2010017495. . When the context requires, singular nouns and pronouns include the plural. Page 3 of 5 GRANTOR: The Louise Hopkins Underwood Center for The Arts, a Texas Exempt Corporation By: Andrea Tirey, Boar Ct'side1it And By: Je aslin, Executive Director STATE OF TEXAS COUNTY OF LUBBOCK GRANTOR: City of Lubbock: Daniel M. Pope, Mayor Agreed and Accepted By: GRANTEE: The Charles Adams Studio Project, A Texas Nonprofit Worporation (� BY:PJ Charles Adams, Board President This instrument was acknowledged before me on - c�v4. 2018, by Andrea Tirey, Board President of The Louise Hopkins Underwood C ter for Yhe Arts, a Texas Exempt Corporation on behalf of such entity. yy PUN DANNIE MASON Notary Public, State of Texas Notary Public, State of Texas My Commission Expires 11.*2019 p9 Page 4 of 5 STATE OF TEXAS COUNTY OF LUBBOCK This instrument was acknowledged before me on OA&*% , 2018, by Jean Caslin, Executive Director of The Louise Hopkins Underwood eenter for Th Arts, a Texas Exempt Corporation on behalf of such entity. P P`y DANNIE MASON Notary Public, State of Texas My Commission Expires 11-05.2019 STATE OF TEXAS COUNTY OF LUBBOCK 0&44� C)� Notary Public, State of Texas This instrument was acknowledged before me on 2018, by Daniel M. Pope, Mayor of the City of Lubbock, a Texas home rule nicipal co oration, on behalf of such entity. osPaY P c JENNIFER SOWDER CLEMENTS * * Notary Public, State of Texas Notary ID# 12497068.3 �4 -OF My Commission Expires 06.28-2020 STATE OF TEXAS COUNTY OF LUBBOCK This instrument was acknowledged before me on , 2018, by Charles Adams, Board President of The Charles Adams Studio Project, A Texas Nonprofit Corporation on behalf of such entity. DANNIE MASON Notary Public, State of Texas �r Notary Public, State of Texas P° Comm MS' Expres 11-05�2Qt9 Nam FILED AND RECORDED OFFICIAL PUBLIC RECORDS O Kelly Pinion, County Clerk Lubbock County, TEXAS 01/31/2018 02:48 PM FEE: $42.00 2018003279 Page 5 of 5 /Cvan�r 4i� Wm File and Return to Dave Booher R.O.W. w City of Lubbock A Correction Instrument: Deed Without Warranty Conveying Determinable L N Life Estate �. v � —m NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU �—m Sp 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. Date: January 25, 2018 Grantor: The Louise Hopkins Underwood Center for the Arts, a Texas Exempt Corporation (erroneously styled Louise Hopkins Underwood Center for the Arts, Inc. in a deed ■-- recorded under the Clerk's File Number 2010017495 of the Official Public Records of Lubbock County, Texas) f/k/a Lubbock Regional Arts Center (hereinafter referred = to at times as "LHUCA"). Grantor's Mailing Address: 511 Ave. K. Lubbock, Texas 79401 Lubbock County Grantor: City of Lubbock, a Texas home rule municipal corporation (hereinafter "CITY") Grantor's Mailing Address: P.O. Box 2000 Lubbock, Texas 79457 Lubbock County Grantee: The Charles Adams Studio Project, A Texas Nonprofit Corporation, (hereinafter "CASP"). Grantee's Mailing Address: 602 Ave. J Lubbock, Texas 79401 Lubbock County Consideration: Grantors and Grantee expressly stipulate that Grantee shall utilize the Property solely in a manner that promotes the public purpose of the Grantors. Grantors and Grantee stipulate that the consideration of public purpose use by Grantee is the sole consideration to be received by Grantors for the conveyance of the Property by Grantors and that such consideration is sufficient in all respects. Page 1 of 5 X2 Property (including any improvements): Grantors, LHUCA and CITY, for good and valuable consideration, grants and conveys to Grantee, an estate with the full possession, benefit, and use for so long as Grantee exists as a Texas Nonprofit Corporation, in: Lots One (1), Two (2), Three (3), Four (4), Five (5) , Six (6), Seven (7) , Eight (8), Nine (9), Ten (10), Eleven (11), Twelve (12), Thirteen (13), Fourteen (14), Fifteen (15), Sixteen (16), Seventeen (17), Eighteen (18), Nineteen (19), Twenty (20), Twenty -One (21), Twenty -Two (22), Twenty -Three (23), and Twenty -Four (24) all in Block Six (6), Original Town of Lubbock, Lubbock County, Texas, according to the map, plat and/or dedication deed thereof recorded in Volume 5, Page 384, of the Deed Records of Lubbock County. It is expressly understood and agreed that this conveyance shall be effective for only so long as the Property is used to promote the public purpose of the Grantors. For the purposes hereof, "public purpose" of the Grantors shall mean that of CASP in providing a central home for the arts and to foster the arts through education, exhibition and performance. If the Property ceases to be so used to promote the public purpose, all rights, title, and interest conveyed by this instrument shall automatically revert to and vest in LHUCA, subject to the terms and conditions set forth herein, and LHUCA's successors and assigns, without the necessity of any further act on the part of or on behalf of the Grantors, it being the intent of Grantors to convey a determinable life estate to the Grantee. The Property includes the twenty -foot (20') alley abandoned and closed by City Ordinance No. 2010-00040, passed by the Lubbock City Council on second reading on May 27, 2010. Representations and Warranties of Grantee: Grantee warrants and represents that it is a non-profit organization, as the term is defined in the Texas Local Government Code Section 253.001(a). Grantee represents and warrants to Grantors that it has made an independent inspection and evaluation of the Property and the title to same and acknowledges that Grantors have 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, GRANTORS MAKES NO REPRESENTATIONS OR WARRANTIES WHATSOEVER, EXPRESSED, STATUTORY, OR IMPLIED, INCLUDING, BUT WITHOUT 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. Page 2 of 5 CA 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. Grantors make no warranty or representation as to the accuracy, completeness or usefulness of any information furnished to Grantee, if any, whether furnished by Grantors or any other third party. Grantors, its officers, employees, elected officials, independent contractors, and agents assume no liability for the accuracy, completeness or usefulness of any material furnished by Grantors, 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 Grantors, 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 THEREOF, 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. Grantors, for the consideration and subject to the reservations and exceptions to conveyance, grants, sells, and conveys to Grantee a determinable life estate in the Property, to have and to hold together with all the rights and appurtenances lawfully accompanying it, for so long as Grantee exists as a Texas Nonprofit Corporation, 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. Reservations from Conveyance: None Exceptions to Conveyance and Warranty Exception to conveyance and warranty is made with respect to 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, and water interests outstanding in persons other than Grantors, and other instruments, other than conveyances of the surface fee estate, that affect the Property; validly existing rights of adjoining owners in any walls and fences situated on a common boundary; any discrepancies, conflicts, or shortages in area or boundary lines; any encroachments or overlapping of improvements; and taxes for 2018, 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. Moreover, this instrument is expressly made subject to the restrictions, terms and conditions, Page 3 of 5 Z7 burdening the land together with all rights of reverter reserved unto the City of Lubbock and pursuant to that certain Deed Without Warranty dated May 13, 2010, by and between the City of Lubbock, Texas as Grantor and Louise Hopkins Underwood Center for the Arts, Inc. as Grantee and filed as Instrument No. 2010017495. . When the context requires, singular nouns and pronouns include the plural. This deed is made as a correction deed in substitution of the deed titled "Deed Without Warranty Conveying Determinable Life Estate" ("Corrected Deed") dated January 25, 2018, and recorded in the Deed Records of Lubbock County, Texas, to correct the following incorrect information: The legal description unintentionally omitted Lots One (1) and Twenty -Four (24) from the conveyance and the legal description did not reference the alley abandoned and closed by City Ordinance No. 2010-00040, passed by the Lubbock City Council on second reading on May 27, 2010. Other than the stated correction, this deed is intended to restate in all respects the Corrected Deed, and the effective date of this correction deed relates back to the effective date of the Corrected Deed. GRANTOR: GRANTOR: The Louise Hopkins Underwood City of Lubbock: Center for The Arts, I' Ani By: C . Jean slip, Executive Director Daniel M. Pope, Mayor Agreed and Accepted By: GRANTEE: The Charles Adams Studio Project, A Texas Nonprofit Qrporation BY: rVI �Jv� Charles Adams, Board President Page 4 of 5 STATE OF TEXAS COUNTY OF LUBBOCK This instrument was acknowledged before me on )q r ) 7 12018, by Andrea Tirey, Board President of The Louise Hopkins Underwood Center for The Arts, a Texas Exempt Corporation on behalf of such entity. JANINE CONK Notary Public. State of Texos My Commission Expires October 21, 2019 STATE OF TEXAS COUNTY OF LUBBOCK C4, - -JAzL19-,C- Not P blic, State of Texas This instrument was acknowledged before me on ap(► L 10 , 2018, by Jean Caslin, Executive Director of The Louise Hopkins Underwood Center for The Arts, a Texas Exempt Corporation on behalf of such entity. r JANINE CONK Notary Public, state of Texas ) My Commission Expires �,.;;• October 21, 2019 Nota ublic, State of Texas h11 ., -1 STATE OF TEXAS COUNTY OF LUBBOCK This instrument was acknowledged before me on / 2018, by Daniel M. Pope, Mayor of the City of Lubbock, a Texas home rule munici al corporation, on behalf of such entity. pRy Pub O JENNIFER SOWDER CLEMENTS * * ary blic Notary Public, State of Texas Notary IN 12497068- s'q�oF,"y My Commission Expires OG 28 G020 Not, Sta e of exaOs STATE OF TEXAS COUNTY OF LUBBOCK This instrument was acknowledged before me on OWFi I l D , 2018, by Charles Adams, Board President of The Charles Adams Studio Proje t, A Texas Nonprofit Corporation on behalf of such entity. JANINE CONK Notary Public, State of Texas My Commission Expires \;. October 21, 2019 Nola Public, State of Texas Page 5 of 5 FILED AND RECORDED OFFICIAL PUBLIC RECORDS p Kelly Pinion County Clerk Lubbock Coun�y TEXyS 05/10/2018 12:65 PM FEE: $42.00 2018016834