Loading...
HomeMy WebLinkAboutResolution - 2023-R0491 - 2 Concurrence Letters/Dedication Deeds, Sct. 26, Block AK, Connie Delle Cogdell - 10/10/2023Resolution No. 2023-R0491 Item No. 5.8 October 10, 2023 RESOLUTYON 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 accept and execute for and on behalf of the City of Lubbock, two (2) Concurrence Letters, substantially in the forms as attached hereto, related to two (2) Street and Public Use Dedication Deed associated with two (2) parcels of certain property in Lubbock County, Texas owned by Connie Delle Cogdell, and all related documents. Said Concurrence Letter and Street and Public Use Dedication Deed forms are attached hereto and incorporated in this resolution as if fully set forth herein and shall be included in the minutes of the City Council; and 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 A" 'TEST: Courtney Paz, City Secre APPROVED AS TO CONTENT: � Michael Keenum, P.E., Division Director of Engineering/City Engineer APPROVED AS TO FORM: . A ims, Deputy i y Attorney RES.Concurrence Let Street and Public Use Dedication Deed - Cogdell 10.5.23 October 10, 2023 . Resolution No. 2023-R0491 98TH STREET (UPLAND AVENUE TO ALCOVE) PROJECT Concurrence Letter/Owner Acknowledgment Date: Parcel No: D�-f o� e �!� . Zo23 36 Abbreviated Legal Description: A 0.3333 acre tract, being a portion of a 10.000 acre tract (Cogdell tract) located in Section 26, Block AK, Lubbock County, Texas, described in Volume 10286, Page 349 of the Official Public Records of Lubbock County, Texas (OPRLCT� :�I�� Current Lienholder: Tenant: Document Type: Consideration: Connie Delle Cogdell, also known as Connie Cogdell Clark 2591 FM 97 Lockney, Texas 79241 None None Street & Public Use De�ication Deed In lieu of condemnation, $129,373.00, subject to fmal approval by the City of Lubbock's City Council and furrher subject to approval of title. Owner's Acknowledgment: Owner hereby acknowledges that nothing contained herein shall prevent the City of Lubbock from moving forward with condemnation proceedings if Owner does not close the transaction contemplated herein. Owner confums receipt of the following: Closing Agent: 1, Copy of The State of Texas La.ndowner's Bill of Rights; 2. Right of Entry Agreement signed by Owner, 3. Initial Offer Lett�r dated June 16, 2023 from Bigbee 8t Curtis, LLP on behalf of the City of Lubbock; 4. Appraisal Reports for Parcel No. 36 by Atrium Real Estate Services; and 5. Survey Plat and Legal Description of Parcel No. 36 by Hugo Reed & Associates, Inc. Lubbock Absdract & Title Company 1216 Texas Avenue Lubbock, Texas 79441 Page 1 of 2 Concwrence: Connie Delle Cog ell, also kno as Connie Cogdell Clark Page 2 of 2 STREET AND PUBLIC USE DEDICATION DEED THE STATE OF TEXAS KNOW ALL MEN BY THESE PRESENTS: COUNTY OF LUBBOCK THAT CONNIE DELLE COGDELL, ALSO KNOWN AS CONNIE COGDELL CLARK, herein called "Grantor," for and in consideration of the sum of TEN AND NO/100 DOLLARS ($10.00) and other good and valuable consideration, to it in hand by the CITY OF LUBBOCK, TEXAS, a Home Rule Municipal Corporation, does hereby dedicate to the public for public use forever including but not limited to street right-of-way, drainage, and utility purposes, the following described tract of land situated in Lubbock County, Texas, as more particularly described in the attached Exhibit "A." TO HAVE AND TO HOLD this above-described premises, together with all singular the rights and appurtenances thereto in anywise belonging unto the said public forever so long as said premises are used for public purposes. WITNESS MY HAND this L�� day of Q ��' ___ _ 2023. THE STATE OF TEXAS § § COUNTY OF LUBBOCK § � � ��� .� . + �"1 � !' � � �_ i�, _' i � � � • i / • • • • � � .. BEFORE ME, the undersigaed authority, a Notary Public in and for said County, Texas, on this day personally CONNIE DELLE COGDELL, ALSO KNOWN AS CONNIE COGDELL CLARK, known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that sJhe executed the same for the purposes and consideration therein expressed. GI N iJNDER MY HAND AND SEAL OF OFFICE on the /Z�, day of QC o �!' 2023. ��,, P. STEPDH�2�21RSON NOTARY P LIC, STATE OF TEXAS ,,� My e�m,m� n� Ires � � My Commission Expires: � 7 � Exhibit A /O.OAO Ap7E PARENT TRACT TEDDY Q ✓ANET MITCF/ELL (CQ�N.• 2'J/00/542U N01°47�24��E— 55.00' ---------------- PROPOSED PARCEL 35 /O. GYlO ACRE PARENT TRACT CGNiME COGOELL (I�AL: 10286, PG.• 349) S88°10�06��E 264.00� 0.3333 Acre Tract 14,520 Sq F� POINT OF BEGINNING 88°10�06��W 264.00� 30.030 AQ4E CANME CAGDELL �ua: io.�� �� soi� �SO1°47�24��W 55.00� PROPOSED PARCEL 37 SOUTH LWE L� SECT/pV 26; BL O�GY( AK NA4TH L/N£ G)� SECTlG1V 23, BL AGYC AK �'�r-a�-war � �' � 98th � � / . �c� p ��°a'�oRzc°Wo� (CCi7Vc2�2/Q23975J THISpqry T BECRS S88°1006"E h �n 1583: 7 FROM THE SOUTHWEST CaRNER OF SECTION 26, BLOqC AK - N-7249996t5' � — — — — — — — — — — — — _ E�906179.3 �6.5 6TE EASEMENT (l?X. 5('i9Q PG: 22SJ _ _ _ _ _ _ _ _ TRACT E. — _ _ �6.5' 6TE EAS£MENT (VGY. 56B8, P6._ 226J _ _ _ _ _ _PROPOSED PARCEL 83 _ — — _ 6/2-B�61/-B� 610-�609-B� � W �� �/lIIOSTOIIIE A T UPLAIIID 97.590ACRETRACT I� I LOTS�B6-635 I NCTA4 B SESEN/A GUTIENRL�Z (� �, (CCFN.� 2t'I19A03962J (CQ4V �YJR'�0336731 I� I \ 6I2-A I 6!/-A I 6/O-A I 609-A LEGEND: - SUR V EY6D PROPERTY — — -ADJACENTPROPERTY - RIGHT-0E-WAY ---- — -EASEMENT — — — — - PROPOSED PARCEL Q- SET 1/2" ROD wlCAP "HRA' � - FD. I/2" ROD w/CAP "HRA" CCFN- COUNTY CLERK FILE NUMBER. LUBBOCK COUNTY, TEXAS GTE-GENERAL TELEPHONE & ELECTRIC COOP. 98TH STREET DESIGN PROJECT UPLAND AVE. TO ALCOVE AVE. Parcel 36 - Permanent Easement PERIMETER SURVEY OF A 0.3333 ACRE PARCEL LOCATED IN SECTION 26, BLOCK AK LUBBOCK COUNTY, TEXAS Land Surveyor No. 6460 State of Texas _ �"" � 0 Z SCALE: 1 "=100' ����� � r��� ,�Q���G�sreR•.� . �- � Fo:J� ........................... CYRIL HOWARD TURNER �����������������uwu���� �6� ��� �Q �Pi ( �9A ti FESS��.•' I�r/ �eyed on the ground March 20. 2023 Note: No abstract of title or tide commitment was provided to this surveyor. Record research done by this surveyor was made only for the purpose of determming the boundary of this properry and of the adjoining parcels. Recorded or unrecorded documcnts othcr than thosc shown on this survcy may cxist and encumber this property. HUGO REED AND ASSOCIATES, INC. LAND SURVEYORS 1601 AVENUE N CIVIL ENGINEERS wsaocK, Tewas �saoi TEXAS LICENSED SURVEYING FIRM 70067600 PHONE: 806 / 763-5642 TEXAS REGISTERED ENGINEERING FIRM F-760 FAX: 806 / 763-3891 Bearings are relative to the Texas Coordinate System of 1983, North Central Zone, NAD 83 (20l I), Epoch 2010.0 Distances and coordinates are surface, U.S. Survey feet. Combined Scale Factor: 1.0002485 Copyright 2023, Hugo Rccd and Associatcs, Inc. Page 1 of 2 DESCRIPTION FOR PARCEL 36 METES AND BOLJNDS DESCRIPTION of a 0.3333 acre tract, being a portion of a 10.000 acre tract (Cogdell tract) located in Section 26, Block AK, Lubbock County, Texas, described in Volume 10286, Page 349, of the Official Public Records of Lubbock County, Texas, said 03333 acre tract being further described as follows: BEGINNING at a 112" iron rod with cap marked "HRA" set (N=7249996.5', E=9061793') in the South line of said Section 26 at the Southwest corner of said Cogdell tract, same being the Southeast corner of that 10.000 acre tract (Mitchell tract) described under County Clerk File No. 2010015421 of the Official Public Records of Lubbock County, Texas, which bears S. 88° 10'06" E. a distance of 1,58337 feet from a railroad spike found at the Southwest corner of said Section 26, Block AK, Lubbock County, Texas; THENCE N. Ol °47'24" E., along the West line of said Cogdell tract and the East line of said Mitchell tract a distance of 55.00 feet to a 1!2" iron rod with cap marked "HRA" set for the Northwest corner of this tract; THENCE S. 88� 10'06" E. a distance of 264.00 feet to a 112" iron rod with cap marked "HRA" found in the East line of said Cogdell tract and the West line of that 30.030 acre tract described in Volume 10341 Page 301, of the Official Public Records of Lubbock County, Texas, for the Northeast corner of this tract; THENCE S. 01 �47'24" W. along the the East line of said Cogdell tract and the West line of said 30.030 acre tract a distance of 55.00 feet to a 112" iron rod with cap marked "HRA" set in the South line of said Section 26, Block AK for the Southwest corner of said 30.030 acre tract, the Southeast corner of said Cogdell tract and the Southeast corner of this tract; THENCE N. 88" 10'06" W., along the South line of said Section 26, Block AK and said Cogdell tract, a distance of 264.00 feet to the Point of Beginning. Contains: 0.3333 acres (14,520 sq. ft.) of land more or less. Bearings are relative to Grid North, Texas Coordinate System of 1983, North-Central Zone, 2011 (epoch 2010.0). Distances and coordinates are Surface, U.S. Survey Feet. CSF = 1.0002485 TITLE COMMITMENT No abstract of title or title commitment was provided to this surveyor. Record research done by this surveyor was made only for the purpose of determining the boundary of this property and of the adjoining parcels. Record documents other than those shown on tl�is survey may exist and encumber tliis property. 98TH STREET DES[GN PROJECT UPLAND AVE. TO ALCOVE AVE. Parcel 36 - Permanent Easement PERIMETER SURVEY OF A 0.3333 ACRE PARCEL LOCATED IN SECTION 26, BLOCK AK LUBBOCK COUNTY, TEXAS Cyril H. Turner, Registered Professional Land Survevor No. 6460 State of Texas ��Q.'�� ��TF �c`�� • � � O.11� ........................... CYRIL HOWARD TURNER � ���••••u����w����u������ � "�� �6� �i �<: ��-. ( '9� �FESS�� •�l�r/, Sarveyed "on the ground March 20. 2023 HUGO REED AND ASSOCIATES, INC. LAND SURVEYORS 1601 AVENUE N CIVIL ENGINEERS �uBeoCK, TEXAS 79401 TEXAS LICENSED SURVEVING FIRM 10067600 PHONE: 806 / 763-5642 TEXAS REGISTERED ENGINEERING FIRM F-760 FAX: 806 / 763-3891 Bearings are relative to the Texas Coordinate System of 1983, North Central Zone, NAD 83 (2011), Epoch 2010.0 Distances and coordinates are surface, U.S. Survey feet. Combined Scale Factor: L0002485 Copyright 2023, Hugo Rccd and Associates, Inc. Page 2 of 2 98TH STREET (IJPLAND AVENUE TO ALCOVE) PROJECT Concurrence Letter/Owner Acknowledgment Date: �n �. ir '� . 2023 Parcel No: 37 Abbreviated Legal Description: A 1.068 acre tract, being a portion of a 3Q.030 acre tract located in Section 26, Block AK, Lubbock County, Texas, described in Volume 10341 Page 341 of the Official Public Records of Lubbock County, Texas (OPRLCT) Owner: Connie Delle Cogdell, also known as Connie Cogdell Clark 2591 FM 97 Lockney, Texas 79241 Current Lienholder: None Tenant: None Document Types: Street 8t Public Use Dedication Deed. Consideration: In lieu of condemnation, $445,453.00 total consideration, subject to final approval by the Ciiy of Lubbock's City Council and further subject to appmval of title. Owner's Aclaiowledgment: Owuer hereby acknowledges that nothing contained herein shall prevent the City of Lubbock from moving forward with condemnation proceedings if Owner does not close the transaction contemplated herein. Owner confums receipt of the following: 1. Copy of The State of Texas Landowaer's Bill of Rights; 2. Right of Entry Agreement signed by Owner, 3. Initial Offer Letter dated June 16, 2023 from Bigbee & Curtis, LLP on behalf of the City of Lubbock; 4. Appraisal Reports for Parcel No. 37 by Atrium Real Estate Services; and S. Survey Plat and Legal Description of Parcel No. 37 by Hugo Reed & Associates, Inc. Closing Agent: Lubbock Abstract & Title Company 1216 Texas Avenue Lubbock, Texas 79401 Page 1 of 2 Concurrence: Connie Delle Cogdell, also kno as Connie Cogdell Clark Page 2 of 2 STREET AND PUBLIC USE DEDICATION DEED TI-� STATE OF TEXAS COUNTY OF LUBBOCK KNOW ALL MEN BY THESE PRESENTS: THAT CONNIE DELLE COGDELL, ALSO KNOWN AS COI�TNIE COGDELL CLARK, herein called "Grantor," for and in consideration of the sum of TEN AND NO/100 DOLLARS ($10.00) and other good and valuable consideration, to it in hand by the CITY OF LUBBOCK, TEXAS, a Home Rule Municipal Corporation, does hereby dedicate to the public for public use forever including but not limited to street right-of-way, drainage, and utility purposes, the following described tract of land situated in Lubbock County, Texas, as more particulazly described in the attached Exhibit "A." TO HAVE AND TO HOLD this above-described premises, together with all singulaz the rights and appurtenances thereto in anywise belonging unto the said public forever so long as said premises are used for public purposes. WITNESS MY HAND this /2�i day of a 2023. THE STATE OF TEXAS COUNTY OF LUBBOCK , . CONNIE DEL E COG LL, ALSO KNOWN AS CONNIE COG LL CLARK BEFORE ME, the undersigned authority, a Notary Public in and for said County, Texas, on this day personally CONNIE DELLE COGDELL, ALSO KNOWN AS CONNIE COGDELL CLARK, known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that s/he executed the same for the purposes and consideration therein expressed. GIVEN UNDER MY HAND AND SEAL OF OFFICE on the /Z day of �r 2023. �� p STEPHEN PATTERSON . .'C`�!� ID �iE2449421 . �f� My Commission Expfres Februnry 07, 2�7 NO ARY P LIC, S ATE OF TEXAS My Commission Expires: � —2r2? Exhibit A /O.O(XI ALRE TRACT CQ'VME CAGOELL (VGti: /02B6, FG.• 349) NOl°47�24°E� 55.00� PROPOSED PARCEL 36 1.068 Acre Tract 46,542 Sy F� SAVTN LWE A� SECT/AV 26; BLOpC AK ,� N�TN LAYE A� SECT/QN 23, BL aG'K AK � o � �� � � POINT OF BEGINNING N88 10 06 W 791.56 � ��.� �� � � �sT � «�<.�p ��� o� 98th S T. CARNER OF SECTION 26. BLOpC AK --- N-7249988�0' — — — — — — — — — — - E•906443.1' JRACTE----!s.5'GTEEASEMENT(V2x.568B,PG._2261 - -- --- -------- — 6/2-� 6/1-� 610-B� 609-B-� 608-B-� 607-�606-B� � � '� �� /lIIOSTOIIIE A T UPLAIIID �� L OTS 5B6- 635 � � I`'b � 612-A I 6//-A E/O-,Q �CQ�N.• �YIEO�36A J I 608-A I 607-A I wQvsA� A vE- OfD,G4TEDbyFLAT (Ytx. S3% iG. 95J N01°49'34"E- ,ip.030AQ4EPARENT TRACT jrj,QQ� CQYn9E COGOELL �va: io.3at Pc.• .3ou N46°49'44°E 42.42� S88°10'06"E 704.82� 1.068 Acre Tract 46,542 Sq Ft N88°10'06"W 791.56� 56.78� � -� � i ��� � REGE/V Y PARK LOTS 95-/3B � (1�01' . 5396, F�'. 95) ��� �c't��UT/LITYAND GSE q/,�' (By P/oI �CX . 5396, PG. 95J 3 o ^ -�------ ---- � — — — - �g o h SGC/TH L� q� SECT/A'V 2!S BL OiCK AK NA4TH LdYE" A� SECT/AV 23, BLOCK AK 98th S/ . 30i30'GTEEASEAENT v�i (CC�N /cro�26. O) h fl4X. 547/, iG: 327d lKi. 568B, PG. 2221 — — — — — — — ----------- — TRACT E_�6 5' GTE EAS£MENT (VGY _ 56BB, PG. 221SJ 605-B 604-B 603-B 602-B 601-B 600-B � -" TRACT 599-B ��� � �� Q �,� � — W/l1/OS TOIIIE A T UPLAIIID � J�� �� LOTS 586-635 � (CCfAF c't�/9036T/31 � Q � `e LEGEND: 605-A 604-A 603-A� 602-A � 601-A 600-A � �� 599-A . - SURVEYED PROPERTY — — -ADIACENTPROPERTY - RIGHT-OF-WAY ----- -EASEMENT - — — - - PROPOSED PARCEL O- SET I/2" ROD w/CAP ••HRA.. � - FD. 1/2" ROD w/CAP "HRA" �- CALCULATED POINT - COULD NOT SET INO RIGHT OF ENTRYI CCFN- COUNTY CLERK FILE NUMBER. LUBBOCK COUNTY. TEXAS GTE-GENERAL TELEPHONE & ELECTRIC COOP GSE-GARBAGE SERVICE EASEMENT 98TH STREET DESIGN PROJECT UPLAND AVE. TO ALCOVE AVE. Parcel 37 - Permanent Easement PERIMETER SURVEY OF A 1.068 ACRE PARCEL LOCATED IN SECTION 26, BLOCK AK LUBBOCK COUNTY, TEXAS _ �"" � 0 Z SCALE: 1 "=100' / �P'��G;'�S'TF..TF�� 'p� . �: 2- � o . J� ........................... CYRIL HOWARO TURNER •������ �����������������• , � "0 �s� �i ( ,��'9� �'�ESS��.`�' 1�r1, �yril H. Turner, Registered Professional vSurveyed'on the ground Land Survevor No. 6460 State of Texas March 20, 2023 30.030 AQ4E PARENT TRACT CQt9WE CAGDELL rva: io.3at �• soi� S88°10�06"E 704.82' Note: No abstract of tide or tide commitment was provided to this surveyor. Record research done by this surveyor was made only for the purpose of determinmg the boundary of this property and of the adjoining parcels. Recorded or unrecorded documcnts othcr than thosc shown on this survcy may cxist and encumber this property. HUGO REED AND ASSOCIATES, INC. LAND SURVEYORS 1601 AVENUE N CIVIL ENGINEERS LUBBOCK, TEXAS 79401 TEXAS LICENSED SURVEYING FIRM 100676-00 PHONE: 806 / 763-5642 TEXAS REGISTERED ENGINEERING FIRM F•760 FAX: SO6 / 763-3891 Bearings are relative to the Texas Coordinate System of 1983, North Central Zone, NAD 83 (2011), Epoch 2010.0 D�stances and coordinates are surface, U.S. Survey feet. Combined Scale Factor: 1.0002485 Copyright 2023, Hugo Rccd and Associatcs, Inc. Page I of 2 DESCRIPTION FOR PARCEL 37 METES AND BOUNDS DESCRIPTION of a 1.068 acre tract, being a portion of a 30.030 acre tract located in Section 26, Block AK, Lubbock County, Texas, described in Volume 10341, Page 301, of the Official Public Records of Lubbock County, Texas, said I.068 acre tract being further described as follows: BEGINNING at a 112" iron rod with cap marked "HRA" set (N=7249988.0', E=906443.1') in the South line of said Section 26 for the Southwest corner of said 30.030 acre tract, same being the Southeast corner of that 10.000 acre tract described in Volume 10286, Page 349 of the Official Public Records of Lubbock County, Texas, which bears S. 88° l0'06" E. a distance of 1,847.37 feet from a railroad spike found at the Southwest corner of said Section 26, Block AK, Lubbock County, Texas; THENCE N. O1 °47'24" E., along the West line of said 30.030 acre tract and the East line of said ] 0.000 acre tract a distance of 55.00 feet to a 112" iron rod with cap marked "HRA" found for the Northwest comer of this tract; THENCE S. 88�10'06" E. a distance of 704.82 feet to a 112" iron rod with cap marked "HRA" set for a corner of this tract; THENCE N. 46�49'44" E. a distance of 42.42 feet to a calculated point for a corner of this tract THENCE N. O 1�49'34" E. a distance of 15.00 feet to a calculated point for a corner of this tract; THENCE S. 88� 10'26" E. a distance of 56.78 feet to a 112" iron rod with cap marked "HRA" set in the East line of said 30.030 acre tract and the West right of way line of Wausau Avenue according to the map, plat andlor dedication deed thereof recorded in Volume 5396, Page 95, Official Real Property Records of Lubbock County, Texas, for the Northeast corner of this tract; THENCE S. Ol °50'02" W., along the East line of said 30.030 acre tract and the West right-of-way line of Wausau Avenue, at 45.01 feet past a 112" iron rod with cap marked "HRA" found at the Northwest right-of-way line of 98th Street as dedicated by said map, plat and/or dedication deed thereof recorded in Volume 5396, Page 95, Official Real Property Records of Lubbock County, Texas, continuing for a total distance of 100.01 feet to a 112" iron rod with cap marked "HRA" set in the South line of Section 26, Block AK, Lubbock County, Texas, for the Southeast corner of said 30.030 acre tract and the Southeast corner of this tract; THENCE N. 88° 10'06" W., along the South line of said Section 26, Block AK and said 30.030 acre tract, a distance of 791.56 feet to the Point of Beginning. Contains: 1.068 acres (46,542 sq. ft.) of land more or less. Bearings are relative to Grid North, Texas Coordinate System of 1983, North-Central Zone, 2011 (epoch 2010.0). Distances and coordinates are Surface, U.S. Survey Feet. CSF = 1.0002485 TITLE COMMITMENT No abstract of title or title commitment was provided to this surveyor. Record research done by this surveyor was made only for the purpose of determining the boundary of this property and of the adjoining parcels. Record documents other than those shown on this survey may exist and encumber this property. 98TH STREET DESIGN PROJECT UPLAND AVE. TO ALCOVE AVE. Parcel 37 - Permanent Easement PERIMETER SURVEY OF A 1.068 ACRE PARCEL LOCATED IN SECTION 26, BLOCK AK LUBBOCK COUNTY, TEXAS ,,, . .. ... . .,... .,b ........... . .................. Land Surveyor No. 6460 State of Texas ���••: '•••• ��`�� ,`Q;: �, � s r f,� . �, � . �: �- Fo:�P ........................... CYRIL HOWARD TURNER ���uuu���u�����uuuw �C � �q����s��O�i �(1� 1 Surveyed on the ground March 20. 2023 HUGO REED AND ASSOCIATES, INC. LAND SURVEYORS 1601 AVENUE N CIVIL ENGINEERS �ussOCK, TEXAS 79401 TEXAS LICENSED SURVEYING FIRM 100676-00 PHONE: 806 / 763-5642 TEXAS REGISTERED ENGINEERING FIRM F-760 FAX: 806 / 763-3891 Bearings are relative to the Texas Coordinate System of 1983, North Central Zone, NAD 83 (2011), Epoch 2010.0 Distances and coordinates are surface, U.S. Survey feet. Combined Scale Factor: 1.0002485 Copyright 2023, Hugo Rccd and Associatcs, Inc. Page 2 of 2