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HomeMy WebLinkAboutResolution - 2019-R0250 - Engineering Innovation DevelopmentsResolution No. 2019-RO250 Item No. 6.17 July 9, 2019 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 Sale and Redevelopment of Municipal Real Estate Contract, by and between the City of Lubbock and Engineering Innovation Developments, LLC, of Lubbock, Texas, and all 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; THAT the City Council finds it to be in the best interest of the citizens of the City of Lubbock in order to expedite the performance of city business, to delegate authority to execute any necessary or related documents associated with this conveyance to the City Manager of the City of Lubbock, or his designee. Passed by the City Council on Julv 9- 2019 jEFFWI!;VITif, MAYOR PRO TEM ATTEST: Rebe ca Garza, City Secretar APPROVED AS TO CONTENT: Mark Yearwood Assist t City Manager APPROVED AS TO FORM: Ry oolc , Assistant City Attorney RLS.Sale and Redevclopmenl-I ngincering Innovation Developments 6.14.19 CITY OF LUBBOCK, TX Resolution No. 2019-RO250 Sale and Redevelopment of Municipal Real Estate: LP&L "Plant 1" (LOAD "R" Nos. 306146, 88828, & 88879) CONTRACT NO. 14516 This Contract is entered into as of the q` `day of 2019 (the "Effective Date") by and between, Engineering Innovation D elopments, JL (the "Buyer"), and the City of Lubbock (the"Seller"). WHEREAS, Seller owns that certain tract of land located in Lubbock County, Texas, being described in"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 1: SALE AND PURCHASE Section 1.II. Sale and Purchase. Subject to the terms and conditions of this Contract, Seller shall sell and Buyer shall purchase and pay for, on 2019, or at such time thereafter as the Seller may direct (the "Closing Date"), without warranty, either expressed or implied, the Property. ARTICLE 11: PURCHASE PRICE Section 2.1. Purchase Price. The price to be paid by Buyer to Seller for the Property shall be 50,000 (the "Purchase Price"). Section 2.2. Earnest Money. Buyer shall deposit ten percent (10%) of the Purchase Price on 2019 (the "Earnest Money"), in cash or cashier's check, with the City's Right- of-Way Department, P.O. Box 2000, Lubbock, Texas 79457, 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 forin 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: GENERAL REQUIREMENTS The developer that is selected to purchase and redevelop the property must show substantial progress in the redevelopment of the property within thirty(30) months of purchase or the City will have the right to re-claim the property for the initial purchase price. ARTICLE IV: 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 any, to be derived from the Property. FURTHER, SELLER MAKES NO REPRESENTATION OR WARRANTY WHATSOEVER, EXPRESSED, STATUTORY, OR IMPLIED, INCLUDING, BUT 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 furnished 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 IN "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 IMPROVEMENTS LOCATED THEREON, THE NATURE OF THE PAST OR HISTORIC USE OF THE PROPERTY, QUALITY, VALUE, FITNESS FOR PURPOSE, MERCHANTABILITY, OR OTHERWISE. Buyer has satisfied himself/herself/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 V: 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 leave 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. d) Buyer shall comply with all applicable federal, state and local laws, statutes, ordinances, rules and regulations relating, in any way, manner or form, to any aspect of the transaction contemplated by this Contract. Section 4.2. Survival Beyond Closin. The representations, warranties and covenants of Buyer contained in this Contract, as set forth in this Article V shall survive the Closing. ARTICLE VI: 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 VI, shall survive the Closing. ARTICLE VII: 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. ARTICLE VIII: CLOSING Section 7.1. Place of Closing. The closing (the "Closing") shall take place on the Closing Date in the offices of the City of Lubbock, 1625 13`x' 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: A Deed Without Warranty, in the forin attached hereto as "Exhibit C", 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 C", duly executed by Buyer and acknowledged; and 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 all 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 IX: DEFAULTS AND REMEDIES Section 8.1. Seller's Default, Buyer'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: 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 X: 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. The Seller's and Buyer's addresses and numbers for the purpose of this Contract are: SELLER: CITY OF LUBBOCK BUYER: Engineering Innovation Developments,LLC Right-of-Way Agent Leslie and Richard Doggett P.O.Box 2000 9808 Salisbury Avenue Lubbock,Texas 79457 Lubbock,Texas 79424 806)775-2352 ARTICLE XI: MISCELLANEOUS Section 10.01. Entire Agreement. This Contract, including all exhibits and parts hereof, including the RFP documents (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. 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 LUBBOCK, 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 Assigns. This.Contract binds and inures to the benefit of the Seller and Buyer, and to Seller's, and to the extent pennitted, 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) tenninate 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. Attorney'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. Cations. 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. Reversion. If substantial progress in the development of the property is not made within thirty(30) months, The City retains the right to re-claim the property at the initial purchase price. Section 10.11.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 forms 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. section 10.12. The City's Right to Audit. At any time during the RFP process or thereafter, the City, or a duly authorized audit representative of the City or the State of Texas, at its expense and at reasonable times, reserves the right to audit the offeror's records and books relevant to all services provided to the City under this RFP. In the event such an audit by the City reveals any errors or overpayments by the City, the offeror shall refund the City the full amount of such overpayments within thirty (30) days of such audit findings, or the City, at its option, reserves the right to deduct such amounts owing the City from any payments due to the offeror. INTENTIONALLY LEFT BLANK----- IN WITNESS WHEREOF, this Agreement is executed as of the Effective Date. Seller: City of Lubbock, Texas Buyer: Engineering Inno is Develop ts, LLC By: Printed Name: Leslie Doggett, Owner JEF11 GR FtlTH, MAY R PRO TEM By: C21AV ATTEST: Printed Naine: Richard Doggett, Owner Reb tca Garza, City Secret APPROVED AS TO CONTENT: r Mark Ybarw'ooO Assistint City Manager APPROVED AS TO FORM: e/': Ry B oke, sistant City Attorney EXHIBIT A—Property Description Real Estate Description The property is commonly known as "LP&L Plant 1" located near 5"' Street & Avenue J, Lubbock, Texas. The legal description of the property is: ORIG T LUBBOCK PT OF L 4 THRU 7 & CLOSED ROW; ORIG T LUBBOCK SLK 7 ALL OF L 8 THRU 12 & PT OF 13 THRU 16 & CLOSED ROW; and, ORIG T LUBBOCK BLK 7 PT L13-16. The Lubbock Central Appraisal District (LOAD) describes the property as R306146, R88828, and R88879. The LCAD data sheets for each portion of the property are included as a part of this Exhibit A. EXHIBIT B: Property Disclosures Past Uses of Block 7/LP&L Plant 1 (near 5"' Street& Avenue,n A large-scale municipal water treatment and distribution facility and an electrical power generating facility once operated on the site of LP&L Plant#1, along with supporting structures such as a transformer shop, cooling tower, and railroad spur. The site was initially developed prior to 1916 for use as a municipal water treatment/distribution facility. Additionally, it has undergone construction, demolition, expansion, and rebuilding. Former on-site structures/improvements have included elevated water tanks, in ground water reservoirs, pump buildings, water wells, and cooling towers. Research suggests: Electrical transformers were stored in this structure. Bulk fuel, including fuel oil and diesel, has been used, stored, and dispensed on the site, and numerous fuel tanks, including a very large subsurface concrete tank, were installed LPST No. 092462 and LPST No. 093557 - implicating that tanks were once installed on the site, and have been assigned, and were associated with, groundwater contamination. Commercial/industrial-grade chemicals commonly associated with electric power generation, transformer repair/maintenance, water treatment, general repair/maintenance, - grounds maintenance, and custodial services have been used, stored, or otherwise handled on the site. Likewise, the chemical/petroleum-related problems commonly associated with railroad activities could reasonably be suspected. Environmental Cleanup Activities for LP&L Plant 1 The following activities have been undertaken at this site: Turbine exhaust piping that was wrapped with asbestos containing mastic material, has been removed. Hydraulic fluids, associated lines and reservoirs have been removed. Three out of the four generators have been removed from the facility. One large"oiler"tank has been drained and removed. Drums and containers holding various oils have been removed. Fluids in the large facility sumps have been removed and the sumps have been spray washed. A large concrete in ground water tank outside of the building has not been demolished or removed. The soil and groundwater at this site have been assessed and remediated to the TCEQ's satisfaction. The City received a letter in January 2012 indicating that no further action is required. A deed restriction in the form of a Municipal Settings Designation (MSD) exists at this property. The MSD restricts the use of the groundwater for drinking water purposes. Outstanding Environmental Issues for LP&L Plant 1 The fire retardant/insulation material on the inside ceiling of the building has not been sampled and tested for asbestos containing material. The old cooling tower has not been assessed for high concentrations of heavy metals (e.g., zinc and chromium) or other contaminants typically found in such a structure. The structure may be expensive to demolish due to handling and disposal of hazardous materials. Although the hydraulic fluid lines and reservoirs were removed, the hydraulic pumps have not been decommissioned. Exhibit C: Draft Deed Without Warrantv 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: Grantor: City of Lubbock,Texas Grantor's Mailing Address: P.O. Box 2000 Lubbock,Lubbock County,Texas 79457 Grantee: Engineering Innovation Developments,LLC Grantee's Mailing Address: 9808 Salisbury Avenue,Lubbock TX 79424 Consideration: Ten and No/100 Dollars($10.00)and other good and valuable consideration. Property(including any improvements): That certain real property located at in Lubbock, Lubbock County,Texas,and being further and more particularly described as 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. Grantor reserves from this conveyance a perpetual underground utility easement for any underground utilities located on or under the Property, including but not limited to the locations described and set forth in Exhibit" " 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 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 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 relatin; 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 DAY OF 2019. GRANTOR: CITY OF LUBBOCK GRANTEE: Leslie and Richard Doggett Engineering Innovation Developments,LLC DANIEL M.POPE,MAYOR Leslie Doggett Richard Doggett ATTEST: Rebecca Garza,City Secretary APPROVED AS TO CONTENT: Right-of-Way Agent APPROVED AS TO FORM: Ryan Brooke,Assistant City Attorney ACKNOWLEDGMENT STATE OF TEXAS COUNTY OF LUBBOCK This instrument was acknowledged before me on this day of 20_by Daniel M.Pope,Mayor of the City of Lubbock. Notary Public,State of Texas My commission expires: O 2019034794 B PCS DEED . , . , llliriP'JI.WM-HlhhAhWAWi:™ I 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: September 5, 2019 Grantor: City of Lubbock, Texas Grantor's Mailing Address: P.O. Box 2000 Lubbock, Lubbock County, Texas 79457 Grantee: Engineering Innovation Developments, LLC Grantee's Mailing Address: 9808 Salisbury Avenue Lubbock, Lubbock County, Texas 79424 Consideration: Ten and No/100 Dollars ($10.00) and other good and valuable consideration. Property (including any improvements): The property commonly described as "LP&L Plant 1" located near 5"' Street & Avenue J, Lubbock, Lubbock County, Texas, and the legal description of the property being Lots Eight (8), Nine (9), Ten (10), Eleven (11), and Twelve (12), Block Seven (7), Original Town of Lubbock, Lubbock County, Texas according to the Map, Plat and/or Dedication Deed thereof recorded in Volume 35, Page 156 of the Deed Records of Lubbock County, Texas; and All that fractional parts of Lots Four (4), Five (5), Six (6), and Seven (7), Block Seven (7), Original Town of Lubbock, Lubbock County, Texas, according to the Map, Plat and/or Dedication Deed thereof recorded in Volume 39, Page 132 of the Deed Records of Lubbock County, Texas; and All that fractional parts of Lots Thirteen (13), Fourteen (14), and Sixteen (16), Block Seven (7), Original Town of Lubbock, Lubbock County, Texas, according to the Map, Plat and/or Dedication Deed thereof recorded in Volume 39, Page 132 of the Deed Records of Lubbock County, Texas; and Deed Without Warranty Page 1 of 4 All that fractional parts of Block Seven (7), Original Town of Lubbock, Lubbock County, Texas, according to the Map, Plat and/or Dedication Deed thereof recorded in Volume 1329, Page 784 of the Deed Records of Lubbock County, Texas; and The Property includes the street right-of-way abandoned and closed by City Ordinance No. 2016-00117, passed by the Lubbock City Council on second reading on August 25, 2016. 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. Grantor reserves from this conveyance a perpetual underground utility easement for any underground utilities located on or under the Property, 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 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 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, Deed Without Warranty Page 2 of 4 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 FROM CONVEYANCE AND EXCEPTIONS TO CONVEYANCE, GRANTS, SELLS, AND CONVEYS TO GRANTEE THE PROPERTY, TOGETHER WITH ALL AND SINGULAR THE RIGHTS AND APPURTENANCES THERETO IN ANY WAY BELONGING, TO HAVE AND TO HOLD IT TO GRANTEE AND GRANTEE'S SUCCESSORS AND ASSIGNS FOREVER, WITHOUT WARRANTY, EXPRESS OR IMPLIED, STATUTORY OR OTHERWISE. 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. Deed Without Warranty Page 3 of 4 EXECUTED THIS GRANTOR: CITY OF LUBBOCK �'j DANIEL M. POPPE, MAYOR APPROVED AS TO CONTENT: DAY OF (l'� , 2019. Mark arwo , Assista t City Manager APPROVED AS TO City Attorney STATE OF TEXAS COUNTY OF LUBBOCK § GRANTEE: ENGINEERING INNOVATIONS DEVELOPMF,NTS, LLC CHARD DOGGETT This instrument was acknowledged before me on this2 1 day of VS� 2019 by Daniel M. Pope, Mayor of the City of Lubbock. tt /� OIL - Notary Public, State of Texas aABB"e * Notary pub!, My commission expires: 7j0.UO2i7i Notary IDS; M Y Commission AFr,Y B. DYE T ,. 1D# 13177183-0 My CoTm"I ,Ssion Expires 1120 2022 Deed Without Warranty Page 4 of 4 Ull Exhibit A It Ali AgSMA SHARP FWV US a1 ay 1 -MAC DAVIS IN Q � m O V / H z o i w m w BROADVYAY \N\ Portion of Block 7 22 Y Original Town of Lubbock _ V35P156 4 - 4 V39 P132 5 20 m- 5T V1329 P784 10, U and f 6 19 z 6: Closed Portion of Avenue J and 5th Street _ 7 _ 18 �` '" ? CCFN 2016031655 iL . 18 17 8 9 �16JL 10 �;� y 10 15 . 12 13 12 �- vIM B vIOU @V _ 3 CAI 1 20 - - 19 s 3 18 =E_ Q 4 17 Feet Digital Orthophotography - Jan 2018 0 40 80 120 160 As required by Chapter 2051, Geospabal Data Products of the Government Code, this product is for informational purposes city of and may not have been prepared for or be suitable for legal, engineering, or surveying purposes. It does not represent an ,� Lubb O ck on -the -ground survey and represents only the approximate relative location of property boundaries. TEXAS FILED AND RECORDED OFFICIAL PUBLIC RECORDS Kelly Pinion County Clerk Lubbock Coun,y TEX4s 09/05/2019 01:67 PM FEE: $42.00 2019034794