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HomeMy WebLinkAboutResolution - 042276O - Agreement-Robert A Gentry-Exchange Paving Assessment Payment Extension For ROW - 04_22_1976:lb RESOLUTION IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the MAYOR of the City of Lubbock BE and is hereby and dire4 ed to execute for and on behalf of the City of Lubbock an Agreement between the City of Lubbock and Robert A. Gentry, covering extension of time for payment of paving assessment in return for dedication of street right-of-way on University Avenue, and 82nd Street, attached herewith which shall be spri upon the minutes of the Council and as spread upon the minutes of this Counc shall constitute and be a part of this Resolution as if fully copied herein in sed by the City Council this 22nd ATTEST: day of Ap r i 1 , 1976. f ROY BASS, MAYOR Treva Phillips, "Ci Secretary -Treasurer APPROVED AS TO FORM: O. Senter, Jr. , j5A' ty Attorney CONTRACT TO EXTEND TIME OF PAYMENT OF A PAVING ASSESSMENT LIEN AND PROVIDE FOR THE CONTINUED VALI=Y.OF SUCH LIEN IN EXCHANGE FOR STREET DEDICATION This agreement made as of the 22nd day of April, 1976, by and between ROBERT A. GENTRY, not joined herein by his wife because the property herein concerned is not homestead, herein called "OWNER", and the CITY OF LUBBOCK. TEXAS, a Home Rule Municipality located in Lubbock County, Texas, acting by and through it:: Mayor, herein called "CITY", said agreement becoming effective upon execution by both parties hereto. WITNE SSETH: SECTION 1. SUBJECT MATTER OF TRANSACTION The extension of time of payment of a paving assessment to be created by a City Paving Assessment Ordinance which is to be enacted by the City Council in the calendar year, 1976, and filed in the Deed Records of Lubbock County, Texas.. This assessment will be secured by a lien to pay the cost of paving adjacent to the follow- ing described tracts of land, to -wit: TRACT 1 Metes and Bounds description for the paving assessment on -the West side of University Avenue from 30.00 feet South of the South Property Line of 82nd Street to 134. 96 feet North of the North Property Line of 91st Street. BEGINNING at a point which is 95. 00 feet South and 60. 00 feet West of the Northeast corner of Section 13, Block E-2, said point also being the South end of a 30.00 foot curve the radius point of which bears West 30.00 feet; . THENCE South along a line 60.00 feet West and parallel to the East line of Section 13, Block E-2, .a distance of 2545. 00 feet to a point said point bein� 60.00 feet West of the Southeast corner of the Northeast 4 of said Section 13, Block E-2 and also being the Northeast corner of Lot 1-A, University Pines Addition to the City of Lubbock, Texas; THENCE West along the South line of the Northeast 4 of said Section 13, Block E-2 and the North line of University Pines Addition, a distance of 150.00 feet to a point; THENCE North along a line 210.00 West and parallel to the East line of the said Section 13, Block E-2, a distance of 2575.00 feet to a point in the South line of 82nd Street; THENCE East along the South line of 82nd Street, a distance of 120.00 feet to a point, said point being the beginning of a 30.00 curve to the right the radius point of which bears South 30.00 feet and having a delta angle of 90 ° and an arc length of 47. 12 feet; THENCE around said 30. 00 foot curve to the right an arc length distance of 47. 12 feet to -the POINT OF BEGINNING. TRACT 2 Metes and Bounds description for the paving assessment on the South side of 82nd Street from 23.00 feet West of the West Property Line of University Ave- nue to the East Property Line of the alley at Elgin Avenue South side of 82nd Street. BEGINNING at a point which is 90.00 feet West and 65. 00 feet South of the Northeast corner of Section 13, Block E-2, Lubbock County, Texas, said point also being the West end of a 30.00 foot curve the radius point of which bears South 30.00 feet; THENCE West along a line 65.00 feet South and parallel to the North line of said Section 13, Block E-2, a distance of 208.00 feet to a point; THENCE in a Westerly direction, a distance of 200. 00 feet to a point said point being 60.00 feet South and 498. 00 feet West of said Northeast corner of Section 13, Block E-2; THENCE West along a line 60.00 feet South and parallel to the North line of said Section 13, Block E-2, a distance of 1839.00 feet to a point: THENCE in a Westerly direction, a distance of 303.04 feet to a point, said point being 55.00 feet South and 2640.00 feet West of the said Northeast corner of Section 13, Block E-2,. said point also being 20.00 feet East of the Northeast corner of Lot 10, Potomac Park Addition to the City of Lubbock, Texas; THENCE South along the East line of the alley East of Lots 8, 9 and 10, Potomac Park Addition to the City of Lubbock, Texas, a distance of 150.00 feet to a point; THENCE East along a line 205.00 feet South and parallel to the North line of said Section 13, Block E-2, .a distance of 2580.00 feet to a point in the West Property Line of University Avenue; THENCE North along the West Property Line of University Avenue, a distance of 110.00 feet to a point said point being the beginning of. a 30.00 foot curve to the left, the radius point of which bears West 30.00 feet and having a delta angle of 90' and an arc length of 47. 12 feet; THENCE around said 30.00 curve to the left an arc length distance of 47.12 feet to the POINT OF BEGINNING. For and in consideration of extension of time to pay off said lien to be assessed as above described and on the terms herein set forth, OWNER agrees immediately to execute and deliver to the City a Dedication Deed (on form submitted to OWNER by City) dedicating tracts of land to the City and/or the Public for use as a public street covering the following described real estate: Two (2) tracts of land out of Section 13, Block E-2, Lubbock County, Texas, being more particularly described as follows:. -2- TRACT 1 - West side of University Avenue between 82nd Street and the z Section line South of 82nd. BEGINNING at a point which is 40. 00 feet West and 283.00 feet South of the Northeast corner of Section 13, Block E-2, Lubbock County, Texas; THENCE South, along a line parallel to and 40.00 feet West of the East line of said Section 13, Block E-2, a distance of 2357.00 feet to a point, said point being 40. 00 feet West of the Southeast corner of the Northeast 4 of said Section 13, Block E-2; THENCE West, along the South line of the Northeast 4 of Section 13, Block E-2, a distance of 20'. 00 feet to a point, said point also being. the Northeast corner of Lot 1-A Univer- sity Pines Addition to the City of Lubbock, Lubbock County, Texas; THENCE North, along a line parallel to and 60. 00 feet West of the East line of said Section 13, Block E=2, a distance of 2357.00 feet to a point; THENCE East a distance of 20. 00 feet to the POINT OF BEGINNING. TRACT 2 - South side of 82nd Street from Elgin Avenue to University Avenue. BEGINNING at a point which is 283.00 feet West and 40.00 feet. South of the Northeast corner of Section 13, Block E-2, Lubbock County, Texas; THENCE West, along a line 40.00 feet South and parallel to the North line of said Section 13, Block E-2, a distance of 2357.00 feet to a point, said point being 40. 00 feet South of the Northwest corner of the Northeast 9 of said Section 13, Block E-2; i THENCE South 15.00 feet to a point, said point being 20.00 feet East of the Northeast corner of Lot 10,. Potomac Park Addition to the City of Lubbock, Lubbock County, Texas; THENCE in an Easterly direction a distance of 303.04 feet to a point, said point being 2337.00 feet West and 60.00 feet South of said Northeast corner of Section 13, Block E-2; . THENCE East, along a line 60.00 feet South and parallel to the North line of said Section 13, Block E-2, a distance of 1839.00 feet to a point, said point being 498.00 feet West and 60.00 feet South of said Section 13, Block E-2; THENCE in an Easterly direction a distance of 200.06 feet to a point, said point being 298.00 feet West and 65. 00 feet South of the Northeast corner of said Section 13, Block E-2; THENCE East 15.00 feet to a point; THENCE North 25.00 feet to the POINT OF BEGINNING. -3- If said Dedication Deed is not received by City within 30 days after date of this agreement in form suitable for public 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 of the street to be dedicated as above set forth, adjacent and abutting the hereinabove described remaining property, OWNER, his heirs and assigns as owner (s) of such remaining property promises and does hereby by these presents promise to pay to the City the cost of such paving to be assessed against owner 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, or his heirs and assigns plats for development under Article 974A, Vernon's Civil Statutes of Texas, all or any part of the real estate described as the lands adjacent to the street to be dedicated and paved; or when owner, his heirs and 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 herein above -described paving assessment lien to be created on the herein above -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 and assigns agrees and obligates himself or themselves to pay six percent (60/6) per annum interest from and after the end of said sixtieth (60th) month on the principal amount due or so much thereof that remains unpaid until paid in full. SECTION IV Owner, his heirs and assigns, acknowledges the validity of the paving as- sessment lien to be created against the hereinabove described property; such assessment lien to be enacted and recorded as aforesaid.by City and further, Owner agrees that the hereinabove described paving assessment lien on the prop- erty described in said Ordinance to be enacted shall remain valid, and this agree- -went shall in no wise be construed as a waiver or release by the City of Lubbock of saidlien 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.' ROBERT A. GENTRY (OWNER) CIT LUBBOCK BY: A flROYtB%S,. MAYOR ATTEST: Treva Phillips, Ciyj Secretary -Treasurer APPROVED AS TO FORM: Fred O. Senter, Jr.,6City Attorney -4- 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 ROBERT A. GENTRY, 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 con- sideration therein expressed. GIVEN UNDER MY HAND AND SEAL OF OFFICE this day of , 1976. (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 ROY BASS, 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 thisday of 1976. (SEAL) 1 Notary Public; Lubbock County, Texas