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HomeMy WebLinkAboutResolution - 2024-R0242 - Water Line Easement Agreement, FADEV, LLC, Loop 88 ROW - 05/14/2024Resolution No. 2024-R0242 Item No. 6.13 May 14, 2024 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 Water Line Easement Agreement, by and between the City of Lubbock and FADEV LLC, and related documents. Said Agreement 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 May 14, 2024 ATTEST: Courtney Paz, City Secretary APPROVED AS TO CONTENT: Michael Keenum, P.E., Division Director of Engineering/City Engineer APPROVED AS TO FORM: r A . � ims, Dep ity Attorney RES.Agreement- Water Line Easement Loop 88- Parcel 1 R��R�A1: � WEST TExAS TITLE COMPANY .� Zezaez�9zz � 5 PGS EASE � FILE N0. ' �III I�:IUQ�Naal �iFF�h� I�i+■'�hClKi�l�'� �I Resolution No. 2024-R0242 WATER LINE EASEMENT THE STATE OF TEXAS § COUNTY OF LUBBOCK § KNOW ALL MEN BY THESE PRESENTS: THAT FADEV, LLC, a Texas limited liability company, whose mailing address is P.O. Box 64664, Lubbock, Texas 79464, herein called "GRANTOR", for and in consideration of the sum of TEN AND NOII 00 DOLLARS ($10.00), to GRANTOR in hand paid by the CITY OF LUBBOCK, a Home Rule Municipal Corporation of Lubbock County, Texas, herein called "GRANTEE", whose mailing address is 1314 Avenue K, Lubbock, Texas 79401, the receipt and sufficiency of which is hereby acknowledged and confessed, and for the further good and valuable consideration in benefits accruing and to accrue to the remainder of GRANTOR'S property, has by these presents GRANTED, BARGAINED, SOLD and CONVEYED and by these presents does GRANT, BARGAIN, SELL and CONVEY unto the CITY OF LUBBOCK, its legal representatives, successors and assigns, for the use of the public as a perpetual water line easement, the free and uninterrupted use, liberty of passage in, on, over, upon, along, under and across all that property lying and being situated in the County of Lubbock, State of Texas, and being more particularly described in the attached Exhibit "A," together with the rights of ingress, egress and regress at any and all times to accomplish the following purposes: allowing, but not limited to, constructing, reconstructing, repairing and perpetually maintaining a water line, which easement includes at all times and seasons the right of ingress, egress and regress of motor vehicles and personnel engaged in such construction and repair. In order to assure the said CITY OF LUBBOCK, its successors and assigns of continuing access and enjoyment of said easement, GRANTOR does hereby expressly agree not to erect, build or otherwise allow to be constructed any building or like permanent structure over the said property heretofore described, and should such building or structure be erected, it is understood that the CITY OF LUBBOCK shall have the right to remove said building or structure from the premises. GRANTOR and its successors and assigns may use all or part of the property burdened by the perpetual easement granted herein as long as such use does not violate the terms hereof or interfere with the use and enjoyment of the easement by GRANTEE. Further, GRANTOR may convey the property burdened by the perpetual easement granted herein, as long as such conveyance is subject to this agreement. TO HAVE AND TO HOLD the above described premises together with all and singular the rights and appurtenances thereto in anywise belonging perpetually unto the CITY OF LUBBOCK, its successors and assigns for so long as the public uses the same for the purposes herein granted. WITNESS THE EXECUTION OF THIS INSTRUMENT this the � a�day of July, 2024. Grantor: FADEV, LL , Texas limited liability company By: Thomas K. vne. Mana� 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 Thomas K. Payne, known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed the same for the purposes and consideration herein expressed and in the capacity herein stated as the act and deed of said FADEV, LLC, a Texas limited liability company. GIVEN UNDER MY HAND AND SEAL OF OFFICE this ��� � � day of July, 2024. r�"""''`°�� NANCY FLOYD *�. Nofary Pubtic, State of Texas y NOfary ID� 509841-3 '' ���'� My Commission Expires 08-24•2026 1 � � Notary Public in and for the S ate o Texas My Commission Expires: n� ,��' 1� Resolution No. 2024-R0242 Water Line Easement Agreement City of Lubbock and FADEV LLC FADEV LLC, referred to in this Agreement as"Grantor", agrees to grant to the City of Lubbock, Texas, referred to in this Agreement as"Grantee", a waterline easement on a parcel of land which is more or less 0.0750-acres (3,270 s fl, described as property located in Block AK, Section 20, Tract 4, City of Lubbock, Lubbock County, Texas, and more particularly described in the attached Exhibit "A," which exhibit is incorporatad into this Agreement and made a part of this Agreement for all purposes. The water line easement to be conveyed pursuant to this Agreement is referred to in this Agreement as the « „ Property. The document to convey the Propecty shall be in the form of a Water Line Easement. All work performed on the Property shall be performed expeditiously, in a good and worlananlike manner, and in accordance with all applicable laws, codes, statutes, pennits and regulations of all applicable govemmental authorities. The payment of Ten thousand, six hundred twenty-seven and 50/100 ($10,627.50) as herein agreed, will constitute full payment to be made by Grantee to Grantor for the Water Line Easement. Upon receipt of payment by Grantor, the conveyance document will be executed and recorded to finalize this transaction. Grantee, without cost to the Grantor, will pay the cost of recording of the instrument conveying the Water Line Easement along with any and all other related costs. This Agreement shall be effective as of the date the last party executes this Agreement (the "Effective Date"). by the parties as indicated below to be effective as of the Effective Date. : FADEV LLC � � � � ��-�- �. _ Date GRANTEE: City of Lubbock, Texas TRAY E, OR ATT T: Court ey Paz, City Secretary Ma; 14,2024 Date WATER LINE EASEMENT THE STATE OF TEXAS KNOW ALL MEN BY THESE PRESENTS: COUNTY OF LUBBOCK § THAT, FADEV, herein called "GRANTOR[S]", for and in consideration of the sum of TEN AND NOI100 DOLLARS ($10.00), to GRANTOR in hand paid by the CITY OF LUBBOCK, a Home Rule Municipal Corporation of Lubbock County, Texas, the receipt and sufficiency of which is hereby acknowledged and confessed, and for the further good and valuable consideration in benefits accruing and to accrue to the remainder of GRANTOR'S property, has by these presents GRANTED, BARGAINED, SOLD and CONVEYED and by these presents does GRANT, BARGAIN, SELL and CONVEY unto the CITY OF LUBBOCK, its legal representatives, successors and assigns, for the use of the public as a perpetual water line easement, the free and uninterrupted use, liberty of passage in, on, over, upon, along, under and across all that property lying and being situated in the County of Lubbock, State of Texas, and being more particularly described in the attached Exhibit "A," together with the rights of ingress, egress and regress at any and all times to accomplish the following purposes: allowing, but not limited to, constructing, reconstructing, repairing and perpetually maintaining a water line, which easement includes at all times and seasons the right of ingress, egress and regress of motor vehicles and personnel engaged in such construction and repair. In order to assure the said CITY OF LUBBOCK, its successors and assigns of continuing access and enjoyment of said easement, GRANTOR[S] does hereby expressly agree not to erect, build or otherwise allow to be constructed any building or like permanent structure over the said property heretofore described, and should such building or structure be erected, it is understood that the CITY OF LUBBOCK shall have the right to remove said building or structure from the premises. Grantor and its successors and assigns may use all or part of the property burdened by the perpetual easement granted herein as long as such use does not violate the terms hereof or interfere with the use and enjoyment of the easement by Grantee. Further, Grantor may convey the property burdened by the perpetual easement granted herein, as long as such conveyance is subject to this agreement. TO HAVE AND TO HOLD the above described premises together with all and singular the rights and appurtenances thereto in anywise belonging perpetually unto the CITY OF LUBBOCK, its successors and assigns for so long as the public uses the same for the purposes herein granted. WITNESS THE EXECUTIQN OF THIS INSTRUMENT this the �O � day of THE STATE OF TEXAS COUNTY OF LUBBOCK Grantor: : Print � � .: � BEFORE ME, the undersigned authority, a Notary Public in and for said County, Texas, on this day personally appeared ��q.$ . � ypLo known to me to be the person whose name is subscribed to the foregoing in. trument, and acknowledged to me that he executed the same for the purposes and co sidera ion here n expressed a d in the capacity herein stated as the act and deed of said ��l/�.�[ ���� �G � P�J�� � IVEN LTNDER MY HAND AND SEAL OF OFFICE this ��� � day of ri' , 20�. �����VP��i KENNETH W JERNBERG `��PP . !/B ii _i;�• �= Notary Public, State of Texas i9�.,� �,;� Comm. Expires 04-14-2027 ''o��;����`� Noiary ID 13430830-0 Notary Public in for the te of Texas My Commission xpires: -/L� d DESCRIPTION FOR PARCEL 1 METES AND BOLJNDS DESCRIPTION of a 10 foot wide waterline easement situated in the called 2.638 acre tract described in County Clerk File Number 2016044068 of the Official Public Records of Lubbock County Texas (hereinafter referred to as CCFN) located in the Southeast quarter of Section 20, Block AK, H.E.&W.T. RR Co. Survey, Lubbock County, Texas with said waterline easement being further described as follows: BEGINN[NG at a TxDOT monument found in the East line of said 2.638 acre tract, at the Northeast corner of TxDOT Parcel 170 described in CCFN 2022053867, and being in the North right-of-way line (hereinafter refened to as ROW) of F.M. Road 1585, and also being North 88° 13'30" West, a distance of 2,283.95 feet and North O l°45'23" East, a distance of 266.07 feet from the Southeast corner of said Section; THENCE North 88°13'13" West along the North line of said right-of-way, a distance of 326.77 feet to a point in the East ROW of Iola Avenue described in CCFN 2022055750 for the Southwest corner of this parcel; THENCE North 00°26'00" West along said East ROW, a distance of ] 0.01 feet to a point for the Northwest corner of this parcel, from which a 1/2 inch iron rod with cap marked "HUGO REED & ASSOC." bears N.0°26'00"W., a distance of 38.75 feet; THENCE South 88°13' 13" East, ] 0 feet North of and parallel to said F.M. ROW, a distance of 327.16 feet to the East line of said 2.638 acre tract for the Northeast corner of this parcel; THENCE South Ol °45'23" West along the East line of said 2.638 acre tract, a distance of 10.00 feet to the PO[NT OF BEGINNING and containing 0.075 Acres (3,270 Square Feet), more or less. WATER LINE EASEMENT FARM TO MARKET ROAD 1585 Parcel 1 PER[METER SURVEY OF A 0.075 ACRE PARCEL LOCATED IN SECTION 20, BLOCK AK LUBBOCK COUNTY, TEXAS Mazk C. Williams, Registered Professional Land Surveyor No. 5461 State of Texas � ■�V ��� -.� � ��: :.............. �l.!��v�, MARK C. WILLIAMS .........................�... :� 5$61 �P : � .�9 : `qN�SUN oyoQ, /20 HUGO REED AND ASSOCIATES, INC. LAND SURVEYORS 1601 AVENUE N �CIVIL ENGINEERS �usBOCtc, TEXAS 79401 TEXAS LICENSED SURVEYING FIRM 100676-00 PHONE: 806 / 763-5642 TEXAS REGISTERED ENGINEERING FIRM F-760 FAX: 806 / 7633891 Bearings aze relative to the Texas Coordinate System of 1983, North Central Zone, NAD 83 (2011), Distances and coordinates are surface, U.S. Survey feet. Combined Scale Factor: 1.00025 Copyright 2023, Hugo Reed and Associates, Inc. Page 2 of 2 O � Hl2lON w � Q U � 3 3 � 3 _ ^ o ^ M O N V ^ � � � N N � Gi � O�O O O�O o z z � � � � � ' '° o c c � � J d N � N � J M M � J J � J J I I � � I I I � I IWI ��� II I I I I � Q � � '^ � � ) O � h�� �o �WZ �� � � � 0 �� � � N � N � w � a0 C�N� m � � p, a a z rs.i °'�'� a � 0 y v1 O 3oM � � � `V V�O QOM � � ��_ V � � V�O Q � � ��� ��u' � _ V O �� �3h �oN �hN � U�' _ � � � .� OSL��OZdOZ •lV�.2� 906f'606/OZ •iV�,7.� lI/O/1 b'.�/030,( b'M -�O -1H9/b� NO/1 b',�/O�O.( b'M -�O -1HJ/�J —3nN��d d�oi — — Ga � � � � a a a � w ��o � o � � U p x � G1 � � � w F' a � F � �F C �� A U z I � � o��Q W I I o o � Na� TM � I �� &OZWy v cCk:�"Ca W I �U�° �—� zo�� w ❑ M . Z ���� pp O � � _ z r, r, � y ;u�mm o 00 T � W °' w aWoo � ^ � °" H �~°°°° � � Q �Vlll �'� � vi ti O O� d ry V] p „C" m Om= G M`� � d �I� �a � �� � ♦n vi J pAw �: U U � U ¢ � � � ]Q`j^ z �y, �, Q ^ li � C l0 7% bC �� p K � � Vl ld ll� u. � N " � .ty � � u��. � � t' ° a�i oG O�Zi d U � � o°,o }WW� ' 8 E � wW�W '��b o x �zo� �z �� M N � � O �ZyF N ZN y OA � W U w � �J7K C in .� Z�� m � U : � :•.� 's ¢ : )�•6"O � —� � �''•'�J� �—��� ��17 N . lD tn : fL o '�:V �;� a� ; V • � !!l; � 4• � :�Ct Pp;�� i ¢ i P.. ' �,Q' Q .�. � . � � , � o! � T N ,� z � � z� �Q�X � wQ o¢Uw � F- _ w� wO�y; '�E F• w � ��� ^� � W� �v=iUOO � zQ ac��NV �; c�� waZV a� �° ��Oo �;; 3� °`¢�'� � � c¢�, a o W'.a 3 �� � � � FILED AND RECORDED OFFICIAL PUBLIC RECORDS * * C, Kelly Pinlon County Clerk Lubbock Coun�y TEXRS 07/18/2024 11:�0 AM FEE: g37.00 2024027922 R olution No. 2024-R0242 U.S. Department of Housing n. �ettlement Statement and Urban Development OMB No. 2502-0265 B. T e of Loan I. ❑ FHA ?. O FmF1A 3. O Com� Unins 6. File Number 7. Loan Number 8. Mortgage Ins Case Nwnber 4. O VA 5. O Conv Ins. 6. � Seller Finance 38283 7. B Cash Sale. C. Note: This fortn is fumished to give you a statement of actual seltlement costs. Amounts paid to and by the settlement agent are shown. Items marked ".o.c. " were aid outside the closin ; th are shown here for informational u ses and are not included in ihe lotals. D. Name & Address of Bortower E. Name & Address of Seller F. Name & Address of Lender Ciq• o( Lubbock, Tezas FADEV, LLC, a Texas Iimited 6ebfliq• 1314 Aveoue K compaoy Lubbock, TX 79401 P.O. Box 64664 Lubbock,TX 79464 G. Roperty Localion H. Settlemrnt Agenl Name WEST TEXAS TITLE COMPANY, INC. 10' wide waterline easemenf sifuated in Ihe SFJ4 SecNon 20, Block AK, 8001 Quaker Avenue, Suite E Lubbock County, TX Lubbock, TX 79424 Tax ID: 752255997 Uuderwritten By: Place of Seltlemrnt I. Shclement Dale Wat Tezes Title Compaoy, loc. 6/26/2024 8001 Quaker Avenue Fund: Suite E J. Summary of Borrower's Transacfion K Summary ot Selter's TrausacHon 100. Cross Amount Due Gom Borrower 400. Cross Amount Due to Seller 101. Contraa Sales Price 510,627.50 401. Contract Sales Price 510,627.50 102. Personal Proprny 402. Personal Property 103. Seltlemrnt Charges to borrower 5651.00 403. 104. qpq. 105. 405. Adjusfinents for ifems paid by seller in edvance Adjustments tor Items paid by seller in advance 106. Ciry property taxes 406. Cily proprny tazes 107. County prope�ty ta�ces 407. County property laxes 108. School property taxes 408. School propMy taxes 109. Other�azes 409. Othertaxes I10. Othertaxes 410. Othertazes II1. Othertaxes 411. Othertases 112. 412. 113. 413. IIS. 415. 116. 416. 120. Grou Amount Due From Borrower 511,278.50 420. Grou Amount Due to Seller 510,627.50 200. Amounts Paid By Or lu Behalf Of Borrow�er 500. ReducNons in Amount Due to Seller 201. Deposit or earnest money 501. Excess Deposit 202. Principal amount of new loan(s) 502. Settlement Charges to Seller (line 1400) 203. Existing loan(s) takrn subject to 503. Ezisting Loan(s) Taken Subject to 204. Loan Amount ?nd Lien 504. Payoff of first mortgage loan to 205. 505. Payoff of second mortgage loan to 206. 506. 207. 507. 208. 508. 209. 509. Adjustments for items uupaid by seller Adjusfineots for items unpeld by seller 210. City propeny taxes 510. City property laxes 21 I. Counry property taxes 51 I. CountY ProPMY tues 212. School property taxes 512. School property taxes 213. Other�axes 513. Olhertaxes 214. Othertaxes 514. Othertaxes 215. OUier taxes 515. Other taxes 216. 516. 217. 517. 218. 518. 219. 519. 220. Totsl Pald By/For BorroN�er $0.00 520. Toml Reduction Amouut Due Seller 50.00 300. Cash At SetUemenf From/fo Borrower 600. Cash At Settlement To/From Seller 301. Gross Amount due Gom bortower (line 120) SI1,278.50 601. Gross Amounl due lo seller (line 4?0) 510,627.50 302. Less amounts paid by/for borrower (line 220) 50.00 602. I.ess reduqions in amt. due seller (line 520) S0.00 303. Cas6 From Borrow•er S11,278.50 603. Casb To Seller 510,627.50 Section 5 of �he Real Fstate Sm�lement Procedures Ac� (RESPA) rcquires the Seaion 4(a) of RESPA mandata that FiIJD dwelop and pracribe �his sundard following: . HUD musi develop a Special Info�mation Bookle� to help persons fo1m lo be used a� 1he Iime of loan xltlement to provide full diulosurc of all charga bortowing monry lo finance �he purchaze of residential real aWte to beuer imposed upon the bortower and uller. These are �hird party diulosures Ihat are understand �he naNre and costs of real atate uttlement services; designed to provide the bortower wilh peftinenl infortnation during Ihe uulement • Each Irnder mus� provide the booklet to all applicants from whom i� receives or for procas in order lo be a Ixtter shopper. whom it prepares a wriltrn application to bortow money to finance the purchaze of The Public Reponing Burdrn (or this colleclion of informalion is es�imaled to raidrntial real alate; • Lenders musl prepare and dislribute wilh Ihe Bookle� a average one hour per response, including the �ime for miewing inswctions Good Faith Eslimate of the seltlemem wsts Iha� �he bomox•er is likely to incur in sa�ching existing data sources, gathering and maintaining Ihe data naded, and wnnection x�ith Ihe setllemrnt. 7Tese diulos�res are mandatory, complding and reviewing �he collection of infortnation This agrnry may not collect this infolma�ion, and you are not requircd to complete Ihis form, unlas it displays a curtrnlly valid OMB control number. 7Te infortnation rcquesled dces not Irnd i�self to confidrntialiry Previous Editions are Obsolete Page 1 form HU0.1 (3/86) Handbook 4305.2 File No. 38283 L. Settlemeot Charges 700. Total Seles/Broker's Commissioo based on price 510,627.50 Division of Commission (line 700) as follows: 701. to 702. to 703. Commiuion Paid at Set�lement 800. Items Peyable in ConnecNon a•Ith Loan 801. Loan Origination Fee % to 802. Loan Discount % to 803. Appraisal Fce to 804. Credit Repon to 805. Lender's Inspection Fee lo 806. Morlgage Insurance Application lo 807. Assumption Fee to 900. Items Requlred by Lender To Be Paid in Advauce 901. Interest from 6/26/2024 to 7/1/2024 {e SO.�day 902. Mortgage Insurance Premium for months to 903. Haiard Insurance Premium for years to ]000. Reserves Deposited Wft6 Lender 1001. Hazard insurance months Q 1002. Mortgage insurance monlhs Qa 1003. City propeny taxes moNhs ("ja 1004. County property taxes monlhs �'a} 1005. School propeny taxes months Cja 1006. Other tazes months Q 1007. Other laxes months Qa 1008. Olher taxes months Q 101 I. Aggregate Adjus�ment ll00. Title Charges I 101. Selllemenl or closing fae to West Texas Tlfle 110?. Tille certificate lo Wesf Texas Title I 103. Title examination to �� I 104. Title inwrance binder to I105. Document preparation to Boeroer, Denols & FranWin I 106. Notary fees to I 107. Attomey's fces to per month per month per month per month per month per month cer month (includes above items numbers: 1108. Title inwrance to West Texes Tltle (includes above items numbers: I 109. Lender's coverage SO.00/50.00 . I I 10. Owner's coverage 510,627.50/50.00 I 111. Escrow fee lo West Texes Title 1112. Taz certificates to West Texes Tltle 1 I 13. Courier fees to West TeYas Title 1200. Covernment Recording aod Traosfer C6arges I?01. Recording Fees Decd 541.00 ; �longage ; Rd to Wes1 Texes 7711e 120?. City/county taz/stamps oad ; Mongage a 1203. S�ate tax/stamps �eea ; ntongag� a 1204. Courier/Messenger Fee w 5350.00 5250.00 S I0.00 501.00 1301. Survey to 1302. Pest Inspection lo 1400. Total Settlement Charges (eoter on lines ]03, SecHon J and 502, Sectlon K) 5651.00 1 have carefully revie�ved Ihe HU0.1 SMtlemenl Slatement and to Ihe best of my knowledge and belief, it is a Irue and accurate statement of all receipts and disbursements made on my accounl or by me in Ihis transaclion. 1 funher certify Ihat 1 have received a completed copy of pages I, 2 and 3 of this HUD-1 SMtlement S�atement. CITY OF LUBBOCK, TEXAS ey: Ken Jem ighl Way Agrnt CQ, �� � 00 Paid From Paid From Bortower's Seller's Funds al Funds at � � - - Seltlement Settlemen� 50.00 50.00 BY. r ; . Thomas K. a Texas I�mited liabilily company S[TTLEMENT AGENT CERTIFICATION 7Le HUD-1 Selllement Slatemem which 1 have prepared is a true and accurale account of this transaction. 1 hav caused Ihe funds lo be disbu m accordan ��� 1 . statement, �� � ��� r �� � � � � �, � � � Seltlement Agent Date N'erning: It is a crime lo knowingly make false statements lo Ihe United Slates on this or any other similar form. Prnalties upon conviction can include a fine and imprisonment. For dMails see: Tille I S U.S. Code Seclion 1001 and Section 1010. Revious Editions are Obsolete Page 2 form HUD-1 (3186) Handbook 4305 � wEST TE�s TITLE THE STATE OF TEXAS § COUNTY OF LUBBOCK § LEGAL DESCRIPTION: TITLE REPORT Parcel 1(Waterline Easement Farm to Market Road 1585): te1806.793.9555 faac 806.793.9574 5001 Quaker Avenur, Suite E Lubbock, Texas 79424 www.westtexast itle. com METES AND BOiJNDS DESCRIPTION of a 10 foot wide waterline easement situated in the called 2.638 acre tract described in County Clerk File Number 2016044068 of the Official Public Records of Lubbock County Texas (hereinafter referred to as CCFN) located in the Southeast quarter of Section 20, Block AK, H.E. & W.T. RR. Co. Survey, Lubbock County, Texas with said waterline easement being further described as follows: BEGINNING at a TxDOT monument found in the East line of said 2.638 acre tract, at the Northeast comer of TxDOT Parcel 170 described in CCFN 2022053867, and being in the North right-of-way line (hereinafter referred to as ROW) of F.M. Road 1585, and also being North 88°13'30" West, a distance of 2,283.95 feet and North O1°45'23" East, a distance of 266.07 feet from the Southeast corner of said Section; THENCE North 88° 13' 13" West along the North line of said right-of-way, a distance of 326.77 feet to a point in the East ROW of Iola Avenue described in CCFN 2022055750 for the Southwest corner of this parcel; THENCE North 00°26'00" West along said East ROW, a distance of 10.01 feet to a point for the Northwest corner of this parcel, from which a 1/2 inch iron rod with cap marked "HiJGO REED & ASSOC." bears N. 0°26'00" W., a distance of 38.75 feet; THENCE South 88° 13' 13" East, 10 feet North of and parallel to said F.M. ROW, a distance of 327.16 feet to the East line of said 2.638 acre tract for the Northeast corner of this parcel; THENCE South O1°45'23" West along the East line of said 2.638 acre tract, a distance of 10.00 feet to the POTNT OF BEGINNING and containing 0.075 Acres (3,270 Square Feet), more or less. RECORD OWNER: FADEV, LLC, a Texas limited liability company DEED DATED: December 1, 2016 DEED RECORDED: Instrument #2016044068, of the Official Public Records of Lubbock County, Texas. LIENHOLDER: None found of record ABSTRACTS OF JUDGMENT, STATE AND FEDERAL TAX LIENS, AND NORTHERN DISTRICT OF TEXAS/LUBBOCK DIVISION BANKRUPTCY RECORDS CHECKED AS TO: FADEV, LLC, a Texas limited liability company None found of record THIS REPORT IS NOT TITLE INSURANCE. This report only provides title information as found from a search of the records of the office of the Company and does not reflect unindexed or misindexed matters or any unrecorded or off record matters that may affect the property described above. This Company, in issuing this report, assumes no liability on account of any instrument or proceedings in the chain of title to the property which may contain defects that would render such instrument or proceedings null and void or defective. All instruments reflected herein are assumed to be good and valid. This report is not a commitment to insure and therefore does not contain the requirements and exceptions which would appear in a commitment to insure or the exceptions which would appear in a title policy. This Company's liability for this report is limited to the amount paid for this report and extends only to City of Lubbock, Texas, the entity(ies) or person(s) to whom it is issued. No other party may rely on this report. This report contains no express or implied opinion, warranty, guarantee, insurance or other similar assurances as to the status of title to the land. Dated July 4, 2024, at 7:00 a.m. WEST TEXAS TITLE COMPANY, INC. 1 By. .� � � Sarah O guin, Vice President �.+ � �� H � W � a� o a~ �� � N � � •��•, � � O � bA � �"� ,1�+ � •� � � � � � � � u � O �1 � � � � I � I I � � � I � 1 � � � i � 1 I ` 1 1 1 Z ��—r� � � a� � � v c � v� 3 Q c ^ � N O � M � N '� C � � d N 0 �. 0 � �❑ ane dioi � r � � N � M � '��� .;,� f L � `� � N � r W 'sV«r �� a .� �e ��a $ �° � a � a7 o� N 0 0 � O 11') Q �q �� �� �� � ��� ��� � � � n $.� � m� E�o b �: : ��� o� �g� Y Q Q � �m Mu � � C � � O g� � „�� a d� �a � ��3 o$� � c � �� v d�� City of Lubbock Capital Project Project Cost Detail May 14, 2024 Capital Project Number: Capital Project Name: Encumbered/Expended 92857 Loop 88 Segment 3D Water Line Relocation Agenda Items May 14, 2024 Water Line Easement, Parcel2, 4 and 5— SWLLD LLC Water Line Easement, Parcel 1- FADEV LLC Water Line Easement, Parcel3 - Giesbrecht Encun:bered/Expended To Date Estimated Cost for Remaining Appropriation Construction Loop 88 Segment 3D Water Line Relocation Reniaining Appropriation Total Appropriation Budget 44,707 10,628 11,300 66,635 1,886,769 $1,953,403