Loading...
HomeMy WebLinkAboutResolution - 2000-R0186 - Agreement - West Texas & Lubbock Railroad And TXDOT - 06/20/2000Resolution No. 2000-RO186 June 20, 2000 Item No. 85 RESOLUTION BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Mayor of the City of Lubbock BE and is hereby authorized and directed to execute for and on behalf of the City of Lubbock an agreement with the West Texas & Lubbock Railroad and the Texas Department of Transportation entitled "Agreement Between West Texas & Lubbock Railroad Company, Inc. and the City of Lubbock Regarding Conveyance of a Portion of the Railroad Right -of -Way to the State of Texas for Highway Construction" and any other related documents. Said Agreement shall be in substantially the same form as the Agreement attached hereto and incorporated in this Resolution as if fully set forth herein and shall be included in the minutes of the Council. Passed by the City Council this Wo- day of , 2000. DY 4S3IN, MAYOR APPROVED AS TO CONTENT: J "am, trate c Planning Manager trate APPROVED AS TO FORM: Linda Chamales, Supervising Attorney- Office Practice gs/ccdocs/RR Conveyance.res June 9, 2000 i Resolution No. 2000-80186 June 20, 2000 Item No. 85 AGREEMENT BETWEEN WEST TEXAS & LUBBOCK RAILROAD CO., INC. AND THE CITY OF LUBBOCK REGARDING CONVEYANCE OF A PORTION OF THE RAILROAD RIGHT-OF-WAY TO THE STATE OF TEXAS FOR HIGHWAY CONSTRUCTION This agreement is entered into by and between West Texas & Lubbock Railroad Co., Inc., a Texas Corporation, hereinafter called "RAILROAD," the City of Lubbock, Texas, hereinafter called "CITY," and the Texas Department of Transportation "STATE" to be effective on the date last executed. WHEREAS, the Texas State Department of Highways and Public Transportation Commission by its respective Minute Orders 88,791, 88,792, and 88,793, made offers to the CITY to participate in the construction and/or reconstruction of U.S. Highway 82 from Loop 289 Northeast to Interstate Highway 27 which was accepted in City of Lubbock Resolution No. 3173, dated August 10, 1989; and WHEREAS, the Texas Department of Transportation (hereinafter called "STATE") and the CITY have deemed it necessary to relocate the right-of-way of the RAILROAD for highway construction improvements; and WHEREAS, the City and Seagraves, Whiteface and Lubbock Railroad Corporation entered into an Agreement dated on or about March 8, 1991, for the purpose of relocating the Seagraves, Whiteface, and Lubbock Railroad for construction of a controlled access highway facility in the City of Lubbock known as the East-West Freeway; and WHEREAS, the City and the RAILROAD, respectively bound themselves, their successors, assigns and legal representatives to the other party to this Agreement and the successors, assigns and legal representatives of the other party with respect to all covenants and provisions of the March 8, 1991, agreement; and WHEREAS, Ownership of the Seagraves, Whiteface, and Lubbock Railroad Corporation has changed and the railroad is now owned by West Texas & Lubbock Railroad Co., Inc.; and WHEREAS, the City and the STATE entered into an agreement February 12, 1991, which was modified by agreements dated on or about June 5, 1991 and May 30, 1997, setting forth the respective responsibilities of the STATE and the CITY in the relocation of the RAILROAD described in the March 8, 1991 agreement between the City and the RAILROAD; and WHEREAS, the February 12, 1991 agreement, as modified, expressly provides that the STATE pay 90% of the CITY's eligible costs, as defined therein, of effecting the relocation of the RAILROAD and the CITY pay 10% of the eligible costs of relocation of the RAILROAD; and CONVEYANCE AGREEMENT PAGE 1 S0087703 i WHEREAS, Article 4 of the March 8, 1991, agreement provides that the CITY pay to the RAILROAD an amount equal to the difference between the Agreed Value of the Old Right -of -Way, as defined therein, and the Agreed Value of the New Right -of - Way, as defined therein, called "Additional Consideration" upon conveyance of the Old Right -of -Way to the STATE, as nominee for the CITY, and WHEREAS, the RAILROAD and the CITY, with concurrence of the STATE, have agreed upon the amount of "Additional Consideration' and desire to convey the Old Right -of -Way to the STATE under the terms of this agreement (hereinafter called the "Conveyance Agreement"); NOW THEREFORE, in consideration of the monetary payment herein described and the mutual promises, covenants and agreements of the parties hereto, it is agreed as follows: CONVEYANCE AGREEMENT ARTICLE 1. Parties: For and in consideration of the payment by the CITY (with participation from the STATE) to the RAILROAD, as set forth in Article 4 below, West Texas & Lubbock Railroad Company, Inc. (RAILROAD) agrees to convey to the State of Texas (STATE) as nominee for the City of Lubbock (CITY) by Quitclaim Deed attached hereto as Exhibit "A" the property described in Article 2 below ("Quitclaim Deed"). ARTICLE 2. Property, also referred to as "Premises": a portion of RAILROAD's line of railroad hereinafter collectively designated the "Old Right -of -Way," described as follows: That certain right-of-way and real property situated, lying and being all in the County of Lubbock, . State of Texas, which was conveyed by Seagraves, Whiteface and Lubbock Railroad Corporation to West Texas & Lubbock Railroad Co., Inc. by deed dated October 30, 1995, and recorded in Volume 5007, Page 207 of the Official Public Records of Lubbock, County, Texas and more fully described by metes and bounds description in Exhibit "B" attached hereto and made a part hereof for all purposes. SAVE AND EXCEPT: the exclusive easement to conduct freight railroad operations on the Property, including the right to operate trains, locomotives, railcars, and rail equipment. This easement includes all rights and obligations of Grantor under federal law to conduct common carrier freight service on the Property. The easement also includes a right of entry over the Property for any of Grantor's employees, agents or representatives, machinery, vehicles or equipment necessary or convenient for the purposes of inspecting the Property, clearing any derailments or wrecks of railroad trains or otherwise conducting rail freight service over the Property. The easement shall remain in full force and effect until the last to occur of the following: CONVEYANCE AGREEMENT PAGE 2 S0087703 , a) Surface Transportation Board ("STP") approval to discontinue rail operations on the Property; b) Fulfillment of the obligations of the Grantee and the City of Lubbock pursuant to the terms of the Agreement for the Relocation of a Portion of the Seagraves, Whiteface and Lubbock Railroad for the Construction of a Controlled Access Highway Facility, dated on or about March 8, 1991, as amended on June 20, 2000 ("Relocation Agreement") and completion of the "New Facilities," as defined therein; and c) STB approval to commence rail operations on the "New right-of-way" as defined in the Relocation Agreement. ARTICLE 3. Improvements. RAILROAD shall convey the following improvements: All buildings, structures and improvements on the Old Right of Way, including any and all ballast, tracks, rails, ties, switches, crossings, bridges, trestles, culverts, signals, crossing protection devices, radio antennae, communication lines, poles and loading platforms affixed or located in on or under the Old Right -of -Way as of the date of this Conveyance Agreement, and all and singular the rights, alleys, ways, waters, privileges, hereditaments and appurtenances to the Old Right of Way belonging or in any way incident or appertaining (other than excepted or reserved herein), including rights to cross any streets adjacent to the Old Right of Way in which RAILROAD may have a right or rights, subject to RAILROAD's right to salvage certain improvements as described in the "Agreement for Relocation of a Portion of the Seagraves, Whiteface, and Lubbock Railroad for Construction of a Controlled Access Highway Facility in the City of Lubbock" as amended this date ("Salvage Provision"). A copy of said agreement and the current amendment is attached hereto as Exhibit "C and incorporated herein as if fully set forth. The RAILROAD covenants and agrees to remove the Improvements from the Property pursuant to the terms of the Salvage Provision, subject, however, to such extensions of time as may be granted by STATE in writing; and if, for any reason, the RAILROAD fails or refuses to remove the Improvements by the period of time described in the Salvage Provision, then without any further consideration, the title to all or any part of such Improvements not so removed shall pass to and vest in the STATE forever. RAILROAD will continue to occupy the building located at 5010 Brownfield Highway, Lubbock, Texas, in accordance with "Article 11. Occupancy," below. ARTICLE 4. Consideration: In accordance with Article 4. Additional Consideration, of the Exhibit "C" the CITY (with participation from the STATE) agrees to pay RAILROAD at Closing, nine million two hundred sixty-five thousand dollars ($9,265,000.00) in the form of cash, certified funds or wire transfer funds. A copy of the Agreement between the CITY and the STATE and the amendments thereto defining the STATE's participation are attached as Exhibit "D" and incorporated herein as if fully set forth. The State's participation and reimbursement to the City will be handled outside of, and subsequent to this closing, upon the City providing to the State a payment application and verification that the RAILROAD has been paid by the City, and the closing provided for in this agreement has been completed with the Exhibit "A" Quitclaim Deed having CONVEYANCE AGREEMENT PAGE 3 50087703 been recorded under the terms of this agreement. The State will expedite the processing of the payment submission so that such reimbursement may be made to the City as soon as practicable following closing. Additionally, the State's reimbursement to the City of the City's expenses (ninety per cent (90%) of eligible CITY expenses enumerated in Article 9(B) below as required under the CITY/STATE agreements in Exhibit "C," shall also be paid to City subsequent to and outside of this closing. ARTICLE 5. Release of Liens: At or prior to Closing, the RAILROAD shall A. Obtain and file for record, a release of that certain Landlord's lien dated September 30, 1996, recorded in Volume 5289, Page 7, Real Property Records of Lubbock County, Texas; and B. Obtain and file for record, a partial release of UCC #2000-0059 (UCCR 94261) filed February 7, 2000, showing West Texas and Lubbock railroad Company, Inc., a Texas Corp., (Debtor), and the Bank of Nova Scotia as Administrative Agent (Secured party) and recorded in Volume 6569, Page 32, Real Property Records of Lubbock County, Texas; and C. Obtain and file for record, release of that certain Deed of Trust, herein so called, dated February 4, 2000, securing payment of a $375,000,000.00 note executed by West Texas and Lubbock Railroad Company, Inc., to Tommy J. Swann, Trustee, securing payment of one note, of even date therewith, in the original principal sum of $375,000,000.00, payable to the order of The Bank of Nova Scotia, recorded in Volume 6569, Page 47, Real Property Records of Lubbock County, Texas, in so far as the Deed of Trust encumbers the Old Right -of -Way; and D. Obtain and file for record, a termination, release or affidavit of no activity of the January 5, 1970 lease between Atchison Topeka and Santa Fe Railway Company and Layne Pumps, Inc., as evidenced by Affidavit recorded in Volume 1289, Page 104, Deed Records of Lubbock County, Texas. ARTICLE 6. Surface Transportation Board Filing. STATE shall file, on or prior to June 20, 2000, a verified Notice of Exemption with the Surface Transportation Board. ARTICLE 7. Escrow: CITY, STATE, and RAILROAD agree that out of the consideration to be paid to RAILROAD, as set forth herein, funds sufficient to obtain an agreement for release of the fiber optic easement retained by BNSF shall be deposited with the Escrow Agent, in accordance with the Escrow Agreement, a copy of which is attached and incorporated herein as Exhibit "E." In addition, RAILROAD shall provide an executed release of the easement retained in this conveyance (as described in Article 2 above) and deposit said release with the Escrow Agent in accordance with an Escrow Agreement to be in a form similar to that of Exhibit "F." In the event title to the RAILROAD is transferred to another railroad, RAILROAD shall insure that any successor in interest join in and ratify the escrowed release. Said release shall be recorded by Escrow Agent in the Real Property Records of Lubbock County, Texas, upon approval of RAILROAD after the completion of the New CONVEYANCE AGREEMENT PAGE 4 S0087703 Right of Way, or without the necessity of RAILROAD approval sixty days after the occurrence of the last event listed in Article 2 above. ARTICLE 8. Closing: Closing (herein so called), shall take place at the offices of Lubbock Abstract & Title Company, agent for Lawyers Title Insurance Corporation ("Escrow Agent"), 1216 Texas, Lubbock, Texas, who will serve as the closing and escrow agent for this conveyance. Said closing shall occur on the date selected by the parties, but shall occur between the dates of June 23, 2000, and June 29, 2000. ARTICLE 9. Expenses. The following expenses shall be paid at or prior to closing by the parties set forth below. A. RAILROAD expenses: Releases of existing liens, including recording fees; tax statements or certificates; preparation of quit claim deed, preparation of escrow agreement in Exhibit "E"; preparation of the second escrow agreement and release of easement; one-half of escrow fee; all attorneys' fees incurred by RAILROAD; and other fees set out in this agreement to be paid by RAILROAD. B. CITY expenses: One-half of escrow fee; expenses incurred in preparing and filing Notice of Exemption and gaining approval from Surface Transportation Board for transfer of the Old Right of Way; preparation and filing of amendment to CITY/RAILROAD agreement in Exhibit "C"; and premium for owner's title policy covering the Old Right -of -Way. ARTICLE 10. Taxes: Current taxes and assessments shall be prorated as of the Closing date. All past due taxes and assessments shall be paid by RAILROAD. If the amount of the ad valorem taxes for the year 2000 are not available, proration of taxes shall be "made on the basis of taxes assessed in the previous year, with an adjustment to be made between RAILROAD and CITY upon receipt of the current tax invoice. ARTICLE 11. Occupancy, Indemnity, Insurance and Pollution: RAILROAD will retain the property rights and exclusive right and obligation to conduct common carrier freight operations over the line as described in the Quit Claim Deed until operations can be relocated to the New Right of Way under the terms of the "Agreement for Relocation of a Portion of the Seagraves, Whiteface and Lubbock Railroad for Construction of a Controlled Access Highway Facility in the City of Lubbock" as amended (Exhibit "C") and as described in Article 2 herein. And for the same consideration described above, and upon the same conditions, RAILROAD does hereby bargain, sell and convey unto the State of Texas that portion of the following bisected improvements: the structure located at 6010 Brownfield Highway on the remaining property out of which the above-described premises were originally a portion. RAILROAD understands and agrees that it will be necessary for the State to enter upon its remaining property out of which the above-described property was conveyed for the purpose of removing that portion of the above-described improvements which is located on RAILROAD's remaining property. RAILROAD hereby authorizes the State, its agents or assigns, to enter upon such remaining property for the purpose of CONVEYANCE AGREEMENT PAGE 5 S0087703 removing said improvements and expressly waives all damages or claims that may result to the remaining property of the RAILROAD as a result of such entry and removal of said improvements. STATE agrees to allow RAILROAD to continue to occupy the structure located at 6010 Brownfield Highway while RAILROAD is building a new office facility. In consideration of STATE allowing the RAILROAD to occupy the Property after its acquisition by STATE, the RAILROAD agrees that such occupancy shall terminate not later than the date of conveyance of the New Facilities as described in Article 3(b) of "Agreement for Relocation of a Portion of the Seagraves, Whiteface and Lubbock Railroad for Construction of a Controlled Access Highway Facility in the City of Lubbock" as amended (Exhibit "C"), subject, however, to such written extensions of times as STATE may grant. Such extensions will be granted only upon a showing by the RAILROAD of extenuating circumstances which in the sole opinion of STATE will justify such extension. The RAILROAD and STATE agree that the right of occupancy and easement granted to the RAILROAD herein shall be for the RAILROAD's benefit exclusively, and the RAILROAD and STATE acknowledge that said occupancy and easement hereunder shall be for the sole benefit of the RAILROAD and that no payment has been made or is to be made to STATE for use of the Property and that any attempt to assign such benefit (other than an assignment to another railroad, which assignment is expressly permitted), or to lease, rent, sublet, or in any manner suffer or permit occupancy of the Property or improvements thereon by a third party (other than third parties all ready in possession of or using the Property at the time of the execution of the Quitclaim Deed) shall automatically suspend the operation of this provision, and STATE shall then have immediate right of possession. The RAILROAD acknowledges that it is occupying the premises "AS IS" with all faults. The RAILROAD hereby waives any and all causes of action, claims, demands, damages and liens based on any warranty, expressed or implied, including but not limited to any implied warranty of suitability for a particular purpose and any warranty of habitability. Indemnity. EXCEPT FOR THOSE PROVISIONS RELATING SPECIFICALLY TO THE NATURE AND CONDITION OF THE QUITCLAIM PROPERTY, INCLUDING THE DISCLAIMER OF WARRANTIES IN THIS REGARD AND THE DISCLAIMER OF WARRANTIES IN REGARD TO THE TITLE OR TITLE DEFECTS RELATING TO THE QUITCLAIM PROPERTY (WHICH PROVISIONS ARE CONTAINED IN EXHIBIT "A" THE QUITCLAIM DEED TO BE EXECUTED BY RAILROAD TO STATE), AND EXCEPT FOR THE SOLE NEGLIGENCE OF STATE FOR WHICH STATE IS LEGALLY LIABLE, RAILROAD SHALL INDEMNIFY AND HOLD HARMLESS STATE, ITS RESPECTIVE SUCCESSORS AND ASSIGNS AND ITS RESPECTIVE AGENTS, REPRESENTATIVES, MEMBERS OF THE TEXAS TRANSPORTATION COMMISSION, CONTRACTORS AND EMPLOYEES ("INDEMNIFIED PARTIES") FOR, FROM AND AGAINST ANY AND ALL PROCEEDINGS, SUITS, ACTIONS, CONVEYANCE AGREEMENT PAGE 6 S0087703 CLAIMS, DAMAGES, JUDGMENTS, LIABILITIES, LIENS, FINES, PENALTIES, AWARDS AND EXPENSES WHATSOEVER ("CLAIMS"), WHETHER SUCH CLAIMS ARE MADE BY RAILROAD, RAILROAD'S EMPLOYEES, AGENTS, REPRESENTATIVES OR BY THIRD PARTIES WITHOUT LIMIT AND WITHOUT REGARD TO THE CAUSE OR CAUSES THEREOF OR THE NEGLIGENCE OF ANY PARTY OR PARTIES, AND REGARDLESS_ OF WHETHER SUCH CLAIMS ARE CAUSED DIRECTLY OR INDIRECTLY BY THE NEGLIGENCE OF STATE, THAT MAY BE BROUGHT OR INSTITUTED ON ACCOUNT OF OR GROWING OUT OF ANY AND ALL INJURIES OR DAMAGES, INCLUDING DEATH, TO PERSONS OR PROPERTY RELATING DIRECTLY OR INDIRECTLY TO (I) THE OCCUPANCY AND USAGE BY RAILROAD OF THE PROPERTY AND RAILROAD LINE (PREMISES) COVERED BY THE RETAINED EASEMENT DESCRIBED HEREINABOVE; (II) THE CONDITION OF THE PREMISES; (III) ANY OCCURRENCE IN, UPON, AT OR FROM THE PREMISES OR ANY PART THEREOF; (IV) THE USE OR OCCUPANCY OF THE PREMISES OR ANY PART THEREOF; AND/OR (V) ANY CONSTRUCTION AND RELATED ACTIVITIES BY RAILROAD, AND/OR RAILROAD'S LICENSEES, INVITEES, AGENTS, CONTRACTORS, REPRESENTATIVES AND EMPLOYEES; TOGETHER WITH ANY AND ALL LOSSES THERETO, INCLUDING, BUT NOT LIMITED TO, ALL COSTS OF DEFENDING AGAINST, INVESTIGATING AND SETTLING THE CLAIMS. IT IS THE EXPRESSED INTENTION OF THE PARTIES HERETO, BOTH STATE AND RAILROAD, THAT THE INDEMNITY PROVIDED FOR IN THIS CONVEYANCE AGREEMENT IS INDEMNITY BY RAILROAD TO INDEMNIFY AND PROTECT STATE FROM THE CONSEQUENCES OF STATE'S OWN NEGLIGENCE WHERE THAT NEGLIGENCE IS A CONCURRING CAUSE OF THE CLAIM. FURTHERMORE, THE INDEMNITY PROVIDED FOR IN THIS CONVEYANCE AGREEMENT SHALL HAVE NO APPLICATION TO ANY CLAIM WHERE THE CLAIM RESULTS FROM THE SOLE NEGLIGENCE OF STATE. RAILROAD SHALL ASSUME ON BEHALF OF THE INDEMNIFIED PARTIES AND CONDUCT WITH DUE DILIGENCE AND IN GOOD FAITH THE DEFENSE WITH COUNSEL SATISFACTORY TO STATE, OF ANY AND ALL CLAIMS AGAINST ANY OF THE INDEMNIFIED PARTIES; PROVIDED, HOWEVER, STATE MAY, BUT HAS NO OBLIGATION TO, ELECT TO CAUSE THE ATTORNEY GENERAL OF THE STATE OF TEXAS TO INTERVENE OR ASSUME THE DEFENSE FOR STATE AT THE SOLE EXPENSE OF RAILROAD. MAINTENANCE OF ANY INSURANCE INCLUDING BUT NOT LIMITED TO THE INSURANCE REFERRED TO IN HEREINBELOW OR BENEFITS PAYABLE UNDER WORKERS COMPENSATION ACTS, DISABILITY BENEFIT ACTS OR OTHER EMPLOYEE BENEFIT ACTS DOES NOT AFFECT RAILROAD'S OBLIGATIONS OF INDEMNITY. RAILROAD WILL HAVE THE RIGHT TO CONTEST THE VALIDITY OF ANY CLAIMS, IN THE NAME OF STATE OR RAILROAD, AS RAILROAD MAY DEEM APPROPRIATE, PROVIDED THAT THE EXPENSES THEREOF ARE PAID BY RAILROAD, OR RAILROAD CAUSES THE SAME TO BE PAID BY ITS INSURER. NOTWITHSTANDING ANYTHING HEREIN TO THE CONTRARY, RAILROAD'S OBLIGATION OF CONVEYANCE AGREEMENT PAGE 7 50087703 INDEMNITY AS SET FORTH HEREIN WILL CONTINUE BEYOND THE TERM OF THIS AGREEMENT AND BEYOND THE TERM OR RECORDING OF A RELEASE OF THE RETAINED EASEMENT IN THE EVENT RAILROAD REMAINS IN POSSESSION OF THE PREMISES FOR ANY REASON, OR IN THE EVENT RAILROAD HAS ANY FURTHER OBLIGATIONS UNDER THE CONVEYANCE AGREEMENT. RAILROAD, AS A MATERIAL PART OF THE CONSIDERATION TO STATE, HEREBY ASSUMES ALL RISK OF DAMAGE TO PROPERTY OR INJURY TO OR DEATH OF PERSONS WITHIN THE PREMISES, EXCEPT THAT CAUSED BY STATE'S SOLE NEGLIGENCE, AND RAILROAD HEREBY WAIVES ALL CLAIMS IN RESPECT THEREOF AGAINST STATE, EXCEPT FOR CLAIMS ARISING OUT OF STATE'S SOLE NEGLIGENCE. EXCEPT FOR INJURY OR DAMAGE, IF ANY, CAUSED BY STATE'S SOLE NEGLIGENCE, RAILROAD HEREBY COVENANTS THE INDEMNIFIED PARTIES SHALL NOT BE LIABLE OR RESPONSIBLE FOR ANY LOSS OR DAMAGE WHICH MAY BE SUSTAINED BY THE GOODS, WARES, MERCHANDISE OR PROPERTY OF RAILROAD, AND/OR RAILROAD'S LICENSEES, INVITEES, AGENTS, CONTRACTORS, REPRESENTATIVES AND EMPLOYEES OR DEATH OR INJURY OF ANY PERSON CAUSED BY OR RESULTING FROM THEFT, FIRE, ACT OF GOD, PUBLIC ENEMY, INJUNCTION, RIOT, STRIKE, INSURRECTION OR ANY OTHER ACTION OF ANY GOVERNMENTAL BODY OR AUTHORITY OR ANY OTHER MATTER, OR FOR ANY INJURY OR DAMAGE OR INCONVENIENCE WHICH MAY ARISE THROUGH THE REPAIR OR ALTERATION OF ANY PART OF THE PREMISES, OR FROM ANY CAUSE WHATSOEVER, INCLUDING BUT NOT LIMITED TO, CONSEQUENTIAL LOSS OR DAMAGE FROM ANY CAUSE WHATSOEVER BY REASON OF THE CONSTRUCTION, USE, OCCUPANCY OR ENJOYMENT OF THE PREMISES BY RAILROAD OR ANY PERSON THEREIN OR HOLDING UNDER RAILROAD. Liability Insurance. At all times during the occupancy and usage by RAILROAD of the property and railroad line (Premises) covered by the Retained Easement described hereinabove, RAILROAD, at its sole cost and expense, shall carry commercial general liability insurance coverage in a minimum amount of $5,000,000.00 each occurrence; $5,000,000.00 general aggregate, which policy shall insure against bodily injury, death and property damage and shall include (i) coverage for premises and operations; (ii) contractual liability coverage insuring the obligations of RAILROAD under the terms of this Conveyance Agreement, including but not limited to the indemnity obligations herein. Insurance Certificates and Endorsements. All liability insurance policies required herein shall be with companies licensed by the Texas Department of Insurance and shall (i) be endorsed to include STATE as an additional insured; (ii) contain cross -liability and severability of interest endorsements; (iii) state that this insurance is primary insurance as regards other insurance carried by any Indemnified Party and shall be endorsed to state that such insurance will not be cancelled, materially changed or subject to non -renewal without thirty (30) days prior written notice to STATE; and (iv) shall include waiver of subrogation endorsements in a form acceptable to STATE. RAILROAD shall also CONVEYANCE AGREEMENT PAGE 8 S0087703 a include waiver of subrogation endorsements in favor of STATE on any insurance coverages RAILROAD may carry in addition to that required herein for the Premises or activities conducted thereon, including but not limited to workers compensation insurance. RAILROAD shall furnish STATE with certificates of all coverage required herein and with copies of the required endorsements prior to the closing date set out in Article 8. above, and annually thereafter for each renewal policy not less than thirty (30) days prior to the expiration of said policies. Certificates of insurance shall specify the additional insured status mentioned above as well as the waiver of subrogation and shall contain any other endorsements required herein. RAILROAD shall provide to STATE a certified copy of any and all applicable insurance policies upon request of STATE. RAILROAD's obligation to carry and pay for the insurance described in this Conveyance Agreement will continue beyond the term of the occupancy and usage by RAILROAD of the property and railroad line (premises) covered by the Retained Easement described hereinabove, in the event RAILROAD remains in possession of the Premises for any reason, or in the event RAILROAD elects to remove the improvements as described in the Salvage Provision, in which case, RAILROAD will continue to carry such insurance so long as RAILROAD remains in possession under the terms of the Salvage Provision. If RAILROAD fails to have a certificate of any required policy of insurance on deposit with STATE at any time during the occupancy and usage by RAILROAD of the property and railroad line (premises) covered by the Retained Easement described hereinabove or subsequent thereto in the event of any continued possession of the Premises, or in the event the certificate fails to comply with the insurance company quality or coverage requirements hereof, such failure may be treated by STATE as a default by RAILROAD. In the event of such default, STATE shall have the right (but not the obligation) to purchase and maintain such policy for the account of RAILROAD, and if STATE does so and gives notice thereof to RAILROAD, then RAILROAD shall be obligated to pay STATE the amount of the premium applicable to such policy within ten (10) days following any such notice from STATE. Any failure of RAILROAD to make such payment to STATE, shall be a breach of a provision of this Conveyance Agreement entitling STATE to any legal remedy available other than termination of the Retained Easement. Release of Claims. STATE hereby releases RAILROAD and RAILROAD hereby releases the members of the Transportation Commission, STATE and STATE's employees and contractors from any and all claims or demands for damages, loss expense or injury to the Premises, to the Improvements, or to any other property of either STATE or RAILROAD, as the case may be, which is caused by or result from perils, events or happenings that are the subject of insurance carried by the respective parties and in force at the time of any such loss; provided, however, that such waiver is effective only to the extent permitted by the insurance covering such loss and to the extent such insurance is not prejudiced thereby or the expense of such insurance is not thereby increased. Prevention of Pollution. RAILROAD will prevent pollution of air, soil and water in, on, under and around the Premises during the time period of the Retained Easement, all other times before and after being the responsibility of STATE pursuant to the "as is" language of the Relocation Agreement and Quit Claim Deed. Except for very minor releases or CONVEYANCE AGREEMENT PAGE 9 S0087703 very minor discharges of hazardous, toxic or otherwise harmful substances that are of a type normally associated with the day-to-day operations of a railroad (such as minor dripping of oil, fuel or grease from locomotives or railcars consistent with normal operations), RAILROAD, at its sole cost and expense, shall take any and all corrective action deemed necessary or desirable by the STATE, and as required by any applicable federal, State, municipal and other laws, codes, ordinances, rules and regulations to cleanup, remove and abate any and all soil contamination, groundwater contamination or any other contamination of the Premises caused directly or indirectly by any release or discharge of any hazardous, toxic or otherwise harmful substances in, on, under and around the Premises by RAILROAD and/or RAILROAD's employees, agents, representatives, contractors, permittees, invitees or any other persons occupying the Premises or any portion thereof by, through, or under RAILROAD, or released due to an accident involving RAILROAD's operations and third parties, regardless of fault or cause. In the event RAILROAD, RAILROAD's employees, agents, representatives, contractors, permittees, invitees or any other person occupying the Premises or any portion thereof by, through or under RAILROAD, brings or disposes of any hazardous, toxic or otherwise harmful substances onto or within the Premises, during the time period of the Retained Easement, (other than those normally used in the day-to-day operations of a railroad) RAILROAD AGREES TO INDEMNIFY STATE FROM AND AGAINST ANY AND ALL CLAIMS, SUITS, COSTS, CAUSES OF ACTION, LOSSES AND ALL OTHER DAMAGE AND EXPENSE (INCLUDING THE COST OF DEFENDING AGAINST ALL OF THE AFORESAID) WHETHER THE AFORESAID ARE MADE BY RAILROAD, RAILROAD'S EMPLOYEES, AGENTS, REPRESENTATIVES OR BY TEMD PARTIES, WITHOUT LMT AND WITHOUT REGARD TO THE CAUSE OR CAUSES THEREOF OR THE NEGLIGENCE OF ANY PARTY OR PARTIES, ON ACCOUNT OF CLEANUP ABATEMENT AND/OR DISPOSAL COSTS, FINES AND/OR PENALTIES INCURRED OR CHARGED DUE TO THE PRESENCE OF SUCH, HAZARDOUS TOXIC OR OTHERWISE HARMFUL SUBSTANCES, PROPERTY DAMAGE AND/OR PERSONAL INJURY SUSTAINED OR ALLEGED TO HAVE BEEN SUSTAINED BY ANY PERSON OR PERSONS AND THE COST OF REMOVNG ANY LIEN PLACED ON THE PREMISES. RAILROAD'S INDEMNITY HEREUNDER INCLUDES, BUT IS NOT LIMITED TO, ANY NEGLIGENT ACT OR OMISSION OF RAILROAD, RAILROAD'S EMPLOYEES, AGENTS AND/OR REPRESENTATIVES, OR ANY OTHER PERSON OCCUPYING THE PREMISES, OR ANY PORTION THEREOF, BY, THROUGH OR UNDER RAILROAD. RAILROAD'S INDEMNITY HEREUNDER SHALL SURVIVE ANY TERMINATION OF THIS AGREEMENT. With respect to any improvements located upon the Property, title to which is to be acquired by STATE, the RAILROAD shall make every reasonable effort to keep such improvements in good repair and shall exercise such diligence as may be necessary to protect same from damage. The RAILROAD agrees that STATE's employees or agents may make inspections of the Property from time to time, and that STATE will be notified at the time the RAILROAD vacates the Property. CONVEYANCE AGREEMENT PAGE 10 . S0087703 ARTICLE 12. Relocation Expenses: The STATE will provide relocation assistance to the RAILROAD as may be determined to be eligible under the State of Texas Relocation Assistance Program. RAILROAD hereby acknowledges receipt of brochure entitled "Relocation Assistance." ARTICLE 13. Relocation of Utilities: RAILROAD acknowledges that the STATE will, in anticipation of construction of the East-West Freeway, be relocating certain utilities that are within the Old Right of Way during that period of time prior to relocation to the New Right of Way in which the RAILROAD continues to operate on the Old Right of Way. RAILROAD will cooperate with STATE and STATE will make every effort to schedule utility relocation activities so as not to interfere with operation of the Railroad. In addition, RAILROAD acknowledges that it will be necessary for the STATE to mow the areas near the tracks. RAILROAD will cooperate with STATE and STATE will make every effort to schedule mowing activities so as not to interfere with operation of the RAILROAD. STATE will endeavor to give at least five (5) days advance notice RAILROAD's general manager or his authorized representative of intent to perform such work. Said work shall be performed in such a manner and at such times as shall not endanger or interfere with, hinder, interrupt or delay the operations of Railroad's trains, engines, cars and other railroad facilities at said location. No materials, tools or equip shall be stored any closer than ten (10) feet of the centerline of any track. The regulations of RAILROAD, and the instruction of its General Manager, or his authorized representative shall be strictly complied with, relating to the proper manner of protecting the tracks, pipelines, wire lines, signals, and all other property at said location, the traffic moving on such tracks; and the removal of tools, equipment and materials. Additionally, STATE will adhere to the requirements of the American Railway Engineering Association or its successors as such relate to the relocation of the utilities. STATE will, to the extent permitted by the Constitution and laws of the State of Texas, reimburse RAILROAD for any and all loss or destruction of, or any damage to RAILROAD's property, including property in its custody and control, caused or contributed to in any manner by the acts or omissions of the State, its sub -contractors, or its or their agents, servants or employees. STATE at its expense, shall maintain competent flagmen to protect and control the movement of vehicles and equipment of the State at all times while private crossings over the tracks of RAILROAD are being used by the State, its sub -contractor, its or their agents, servants and employees, in connection with the utility relocations and/or mowing. STATE will cause all subcontractors of STATE, to provide RAILROAD with indemnification for the actions of such subcontractors related to the utility relocation and/or mowing and will cause such subcontractors to provide railroad protective liability insurance coverage issued by companies licensed by the Texas Department of Insurance, endorsed to include RAILROAD as an additional insured, in a minimum amount of $5,000,000.00 each CONVEYANCE AGREEMENT PAGE 11 50087703 occurrence; $5,000,000.00 general aggregate, which insurance policy shall insure against bodily injury, death and property damage and shall include coverage for Premises and operations. ARTICLE 14. Representations and Warranties. A. RAILROAD represents that it is a corporation duly organized, validly existing, and in good standing under the laws of the State of Texas and is qualified to carry on its business in the State of Texas. RAILROAD represents that it has the corporate power to enter into and perform this Agreement and all other activities contemplated hereby, and that execution, delivery, and performance of this Agreement and the activities contemplated hereby have been duly and validly authorized by all the requisite corporate action on the part of the RAILROAD. A copy of said resolution is attached as Exhibit "G" and incorporated herein as if fully set forth. RAILROAD further represents that this Agreement constitutes legal, valid and binding obligations of the RAILROAD and is enforceable in accordance with the terms thereof. B. CITY represents that it is a municipal corporation, incorporated under the laws of the state of Texas, with the power to enter into and perform this Agreement and all other activities contemplated hereby, and that execution, delivery, and performance of the Agreement and the activities contemplated hereby have been duly and validly authorized by the City Council of the City of Lubbock, Texas. A copy of said resolution is attached as Exhibit "H" and incorporated herein as if fully set forth. CITY further represents that this Agreement constitutes legal, valid and binding obligations of the CITY and is enforceable in accordance with the terms thereof. C. STATE represents that it is a body politic acting by and through the -Texas Department of Transportation and certifies that this Agreement is being executed for the purpose and effect of activating and/or carrying out the orders, established policies, or work programs theretofore approved and authorized by the Texas Transportation Commission. A copy of Minute Order 88,793, dated May 25, 1989, is attached as Exhibit' P' and incorporated herein as if fully set forth. ARTICLE 15. Entire Understanding. This agreement contains the. entire understanding between the parties hereto and no modification of this agreement shall be valid until it is agreed upon by all parties in writing. ARTICLE 16. Conflicting Terms. If the terms of this Agreement conflict with previous agreements among the parties, the terms of this Agreement shall prevail. Article 17. Survival of Covenants. Any of the representations, warranties, covenants, and agreements of the parties, as well as any rights and benefits of the parties, pertaining to a period of time following the closing of the transactions contemplated hereby shall survive the closing and shall not be merged therein. CONVEYANCE AGREEMENT PAGE 12 50087703 _ IN TESTIMONY WHEREOF, the RAILROAD and the City have executed duplicate counterparts of this Conveyance and Occupancy Agreement on the dates indicated. CI1 Date— A49 em WEST TEXAS & LUBBOCK RAILROAD CO., INC. BY �V t v►. ft<..s : °A1 - (name) (title) IfJr. k Date tv (zrl o AT ST- APPROVED AS TO FORM: • � oY a ie Darnell, City Se etary Rhonda G. JolleytAttornep for Railroad APPROVED AS TO CONTENT, EXECUTION OMMENDED: chard Burdine, Assistant City Manager AS TO CONTENT, CarJV. Utley, P.E., District Texas Department of Trans CONVEYANCE AGREEMENT 50087703 STATE OF TEXAS DEPARTMENT OF TRANSPORTATION Certified as being executed for the purpose and effect of activating and/or carrying out out the orders, established policies, or work programs heretofore approved and authorized by the Texas Transportation Commission. By: adj , Charles W. Heald, P.E. Executive Director, State of Texas Department of Transportation Date: a - Z?- Ze8 o PAGE 13 Resolution No. 2000-80186 June 20, 2000 Item No. 85 Exhibit List: A - Quitclaim Deed B - Property Description C — City/Railroad Agreement with Amendment D — City/State Agreement with Amendments E - Escrow Agreement (BNSF) F - Escrow Agreement (Release of Easement) G - Corporate Resolution of WTLR H - Lubbock City Council Resolution I - Minute Order 88,793 dated May 25, 1989 CONVEYANCE AGREEMENT PAGE 14 S0087703 EXHIBIT QUITCLAIM DEED THIS QUITCLAIM DEED, made this day of , 2000, between WEST TEXAS & LUBBOCK RAILROAD CO., INC., a Texas corporation, whose mailing address for the purpose of this document is 5300 Broken Sound Blvd., N.W., Boca Raton, Florida 33487, hereinafter called "Grantor", and THE STATE OF TEXAS, hereinafter called "Grantee"; (Wherever used herein, the terms "Grantor" and "Grantee" may be construed in the singular or plural as the context may require or admit, and for purposes of exceptions, reservations and/or covenants, shall include the successors and assigns of corporations). Grantor, for and in consideration of the sum of TEN DOLLARS AND NO/100 U.S. DOLLARS ($10.00), and other valuable consideration, the receipt of which is hereby acknowledged, does hereby RELEASE, DEMISE and forever QUITCLAIM to Grantee all of its right, title and interest owned at the time of this conveyance, both at law and in equity, in and to a portion of Grantor's line of railroad known as the "West Texas And Lubbock Railroad", described as follows: That certain right-of-way and real property situated, lying and being all in the County of Lubbock, State of Texas, which was conveyed by Seagraves, Whiteface and Lubbock Railroad Corporation to Grantor by deed dated October 30, 1995, and recorded in Volume 5007, Page 207 of the Official Public Records of Lubbock, County, Texas and more fully described by metes and bounds description in Exhibit "A" attached hereto and made a part hereof for all purposes (the "Property"). SAVE AND EXCEPT: the exclusive easement to conduct freight railroad operations on the Property, including the right to operate trains, locomotives, railcars, and rail equipment. This easement includes all rights and obligations of Grantor under federal law to conduct common carrier freight service on the Property. The easement also includes a right of entry over the Property for any of Grantor's employees, agents or representatives, machinery, vehicles or equipment necessary or convenient for the purposes of inspecting the Property, clearing any derailments or wrecks of railroad trains or otherwise conducting rail freight service over the Property. The easement shall remain in full force and effect until the last to occur of the following: a. STP approval to discontinue rail operations on the Property; b. Fulfillment of the obligations of the Grantee and the City of Lubbock pursuant to the terms of the Agreement for the Relocation of a Portion of the Seagraves, Whiteface and Lubbock Railroad for the Construction of a Controlled Access Highway Facility, dated, -on or about March 8, 1991, as amended on June 20, 2000 ("Relocation Agreement"); and completion of the "New Facilities" as defined therein; and c. STB approval to commence rail operations on the "New Right -of -Way" as defined in the Relocation Agreement. The Grantor and Grantee agree that the easement granted to the Grantor herein shall be for the Grantor's benefit exclusively, and the Grantor and Grantee acknowledge that said easement hereunder shall be for the sole benefit of the Grantor and that no payment has been made or is to be 50085562 made to Grantee for use of the Property and that any attempt to assign such benefit (other than an assignment to another railroad, which assignment is expressly permitted), or to lease, rent, sublet, or in any manner suffer or permit occupancy of the Property or improvements thereon by a third party (other than third parries all ready in possession of or using the Property at the time of the execution of the Quitclaim Deed) shall automatically terminate the easement, and Grantee shall then have immediate right of possession. hereinafter collectively designated the "Quitclaim Property"; TOGETHER WITH all buildings, structures and improvements on the Quitclaim Property, including any and all ballast, tracks, rails, ties, switches, crossings, bridges, trestles, culverts, signals, crossing protection devices, radio antennae, communication lines, poles and loading platforms affixed as of the date of this deed to the Quitclaim Property, and all and singular the rights, alleys, ways, waters, privileges, hereditaments and appurtenances to the Quitclaim Property belonging or in any way incident or appertaining (other than excepted or reserved herein), including rights to cross any streets adjacent to the Quitclaim Property in which Grantor may have a right or rights, subject to Grantor's right to salvage certain improvements as described in the Relocation Agreement, as amended. SUBJECT TO easements, rights -of -ways, and prescriptive rights, whether of record or not; all presently recorded restrictions, reservations, covenants, conditions, oil and gas leases, mineral severances, and other instruments, other than liens and conveyances, that affect the Quitclaim Property; rights of adjoining owners in any walls and fences situated on a common boundary; any discrepancies, conflicts, or shortages in area or boundary lines; any encroachments or overlapping of improvements, whether of record or not, INCLUDING BUT NOT LIMITED TO: 1. Terms and conditions of license agreement between Panhandle and Santa Fe Railway Company and Lubbock County for public road, as shown by instrument recorded in Volume 507, Page 214, Deed Records of Lubbock County, Texas. 2. Terms and conditions of license agreement between Panhandle and Santa Fe Railway Company and Lubbock County for public road, as shown by instrument recorded in Volume 799, Page 317, Deed Records of Lubbock County, Texas. 3. All of the oil, gas, and other minerals, in, on and under the property, previously reserved by instrument recorded in Volume 3313, Page 275, Real Property Records of Lubbock County, Texas. 4. Easement reserved by The Atchison, Topeka and Santa Fe Railway Company (ATSF), a Delaware corporation, by instrument recorded in Volume 3313, Page 275, Real Property Records of Lubbock County, Texas. 5. Terms and conditions of Lease Option Agreement, dated September 30, 1987, between The Atchison Topeka and Santa Fe Railway Company, a Delaware corporation, and Santa Fe Energy Company, a Texas corporation, recorded in Volume 3321, Page 47, Deed Records of Lubbock County, Texas. 50085562 6. Portions of subject property have been dedicated as follows: a. Lot One (1), DOUR Addition to the City of Lubbock, Lubbock County, Texas, according to the Map, Plat and/or Dedication Deed thereof, recorded in Volume 792, Page 555, Deed Records of Lubbock County, Texas. b. Lot Two (2), DOUD Addition to the City of Lubbock, Lubbock County, Texas, according to the Map, Plat and/or Dedication Deed thereof, recorded in Volume 900, Page 341, Deed Records of Lubbock County, Texas. C. Lots One (1) and Two (2), LEHMAN Addition to the City of Lubbock, Lubbock County, Texas, according to the Map, Plat and/or Dedication Deed thereof, recorded in Volume 854, Page 101, Deed Records of Lubbock County, Texas. d. Lots One (1) and Two (2), YOUNG Addition to the City of Lubbock, Lubbock County, Texas, according to the Map, Plat and/or Dedication Deed thereof, recorded in Volume 896, Page 473, Deed Records of Lubbock County, Texas. 7. Subject to the following matters shown on plat of Survey, dated March 15, 2000, by GARY D. WILSON, Registered Professional Land Surveyor (Sheet number following each item listed below refers to sheet number on Sheet Index for play of Survey): a. Thirty Foot (30') utility and access easements, overhead electrical lines, gas lines, gas riser, telephone box. b. Overhead electrical lines, telephone lines, anchors, gas lines, underground telephone line, light pole. C. Overhead electrical lines, thirty foot (30') utility and access easement. d. Underground telephone line, overhead electrical lines, anchors. e. Underground telephone lines, water lines, billboard lease, overhead electrical lines, gas lines, overhead telephone lines. f. Overhead telephone lines, four inch (4") sewer line and cleanout, overhead electrical lines. g. Overhead telephone lines, septic tanks, overhead electrical lines, ten foot (10') electrical line easement. h. Sanitary sewer line, sewer manhole, overhead telephone line, gas line overhepd electrical lines, solar panel. i. Overhead telephone lines, overhead electric lines, City of Lubbock sewer line, guy poles and guy anchors, cable television line, twenty foot (20') utility easement. j. Overhead electric line, overhead telephone lines, meter pole, water line, valve, manhole, City of Lubbock sanitary sewer line, cable television line. 50085562 k. Overhead telephone lines, overhead electric lines, anchors, meter pole, control box. 1. Overhead telegraph lines, drainage ditch, overhead electric lines, gas mater, gas line, overhead telephone line, guy pole and anchor, culvert, sanitary sewer line, water line, underground telephone line, telephone manhole, water valve, gas sign, cable television lines, light pole. M. Water lines, overhead electric line, anchors, manhole, guy pole, overhead telegraph lines, overhead electric line, water valve, gas line, gas meter, gas regulator, light pole, culvert. n. Water line, overhead electric line, sewer line, sewer manhole, anchors. o. Water lines, sanitary sewer line, overhead electric lines, underground telephone line, sewer manholes, overhead telephone line. P. Overhead electric lines, gas lines, gas riser, water lines, sanitary sewer line, underground telephone line, anchors, sewer manhole. q. Fiber optic cables, underground telephone lines, overhead electric lines, telephone manholes, water lines, sanitary sewer lines, sewer manholes, cable television lines, culvert, light poles. r. Overhead electric lines, sanitary sewer lines, overhead telephone line, gas lines, anchor, sewer manholes, light poles, water valve, gas valve, water lines, monitor wells. S. Underground telephone line, monitor well, sanitary sewer lines, gas lines, sewer manhole. t. Underground telephone line, concrete drainage ditch, concrete drainage outlet, sewer line, water line, monitor well. U. Overhead telegraph lines, anchor, anchor pole, gas line. V. Underground electric lines, underground telephone line, gas line, overhead telegraph line, vent pipes, culverts, light pole, overhead electric lines, water lines, sanitary sewer line, concrete dip, pump control cable, unknown conduits, time & temperature cable. W. Overhead telegraph line, overhead electric line, guy pole. X. Underground electric line, overhead electric line, overhead telegraph line. Y. Overhead telegraph line, overhead telephone line, gas lines, sewer manhole, sanitary sewer lines, water line, culverts, underground telephone line, underground electric line. Z. Overhead electric lines, sanitary sewer lines, sewer manholes, overhead telephone line, water lines, gas line. aa. Overhead electric lines, sanitary sewer lines, water lines, gas line, brace pole, anchors, underground telephone lines, sewer manhole. S0085562 For the consideration Grantor quitclaims to Grantee all of Grantor's right, title, and interest in and to the Quitclaim Property, to have and to hold it to Grantee, Grantee's successors, or assigns forever. Neither Grantor nor Grantor's successors, or assigns shall have, claim, or demand any right or title to the Quitclaim Property or any part of it. Grantor hereby specifically disclaims any warranty, guaranty, or representation, oral or written, past, present or future, of, as to, or concerning (i) the nature and condition of the Quitclaim Property, including but not by way of limitation, the water, soil, geology and the suitability thereof, and of the Quitclaim Property, for any and all activities and uses which Grantee may elect to conduct thereon, income to be derived therefrom or expenses to be incurred with respect thereto, or any obligations or any other matter or thing relating to or affecting the same; (ii) the manner of construction and condition and state of repair or lack of repair of any improvements located thereon; (iii) the nature and extent of any easement, right-of-way, lease, possession, lien, encumbrance, license, reservation, condition or otherwise; and (iv) the compliance of the Quitclaim Property or the operation of the Quitclaim Property with any laws, rules, ordinances, or regulations of any government or other body. GRANTOR HAS NOT MADE AND DOES NOT MAKE ANY REPRESENTATIONS, WARRANTIES OR COVENANTS OF ANY KIND OR CHARACTER WHATSOEVER, WHETHER EXPRESS OR IMPLIED, WITH RESPECT TO THE QUALITY OR CONDITION OF THE QUITCLAIM PROPERTY, THE SUITABILITY OF THE QUITCLAIM PROPERTY FOR ANY AND ALL ACTIVITIES AND USES WHICH GRANTEE MAY CONDUCT THEREON, COMPLIANCE BY THE QUITCLAIM PROPERTY WITH ANY LAWS, RULES, ORDINANCES OR REGULATIONS OF ANY APPLICABLE GOVERNMENTAL AUTHORITY OR HABITABILITY, MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, AND SPECIFICALLY, GRANTOR DOES NOT MAKE ANY REPRESENTATIONS REGARDING HAZARDOUS WASTE, AS DEFINED BY THE LAWS OF THE STATE OF TEXAS AND ANY REGULATIONS ADOPTED PURSUANT THERETO OR THE U.S. ENVIRONMENTAL PROTECTION AGENCY REGULATIONS AT 40 C.F.R., PART 261, OR DISPOSAL OF ANY HAZARDOUS WASTE OR ANY OTHER HAZARDOUS OR TOXIC SUBSTANCES IN OR ON THE QUITCLAIM PROPERTY. GRANTEE agrees to accept the Quitclaim Property in its present AS IS, WHERE IS and WITH ALL FAULTS. GRANTEE ACKNOWLEDGES AND AGREES THAT GRANTEE IS EXPERIENCED IN THE OWNERSHIP, DEVELOPMENT AN/OR OPERATION OF PROPERTIES SIMILAR TO THE QUITCLAIM PROPERTY AND THAT GRANTEE HAS INSPECTED THE QUITCLAIM PROPERTY TO ITS SATISFACTION AND IS QUALIFIED TO MAKE SUCH INSPECTION. GRANTEE ACKNOWLEDGES THAT IT IS FULLY RELYING ON GRANTEE'S (OR GRANTEE'S REPRESENTATIVES') INSPECTIONS OF THE QUITCLAIM PROPERTY AND NOT UPON ANY STATEMENT (ORAL OR WRITTEN) WHICH MAY HAVE BEEN MADE OR MAY BE MADE (OR PURPORTEDLY MADE) BY GRANTOR OR ANY OF ITS REPRESENTATIVES. GRANTEE ACKNOWLEDGES THAT GRANTEE HAS (OR GR*ANTEE'S REPRESENTATIVES HAVE), THOROUGHLY INSPECTED AND EXAMINED THE QUITCLAIM PROPERTY TO THE EXTENT DEEMED NECESSARY BY GRANTEE IN ORDER TO ENABLE GRANTEE TO EVALUATE THE CONDITION OF THE QUITCLAIM PROPERTY AND ALL OTHER ASPECTS OF THE QUITCLAIM PROPERTY (INCLUDING, BUT NOT LIMITED TO, THE ENVIRONMENTAL CONDITION OF THE QUITCLAIM PROPERTY); AND GRANTEE ACKNOWLEDGES THAT GRANTEE IS RELYING SOLELY UPON ITS OWN (OR ITS REPRESENTATIVES') INSPECTION, EXAMINATION AND EVALUATION OF THE QUITCLAIM PROPERTY. GRANTEE HEREBY EXPRESSLY ASSUMES ALL RISKS, S0085562 LIABILITIES, CLAIMS, DAMAGES AND COSTS (AND AGREES THAT GRANTOR SHALL NOT BE LIABLE FOR ANY SPECIAL, DIRECT, INDIRECT, CONSEQUENTIAL, OR OTHER DAMAGES) RESULTING OR ARISING FROM OR RELATED TO THE OWNERSHIP, USE, CONDITION, LOCATION, MAINTENANCE, REPAIR OR OTHER DAMAGES) RESULTING OR ARISING FROM OR RELATED TO THE OWNERSHIP, USE, CONDITION, LOCATION, MAINTENANCE, REPAIR OR OPERATION OF THE QUITCLAIM PROPERTY ATTRIBUTABLE TO THE PERIOD FROM AND AFTER THE DATE OF THIS QUITCLAIM DEED. GRANTEE ACKNOWLEDGES THAT ANY CONDITION OF THE QUITCLAIM PROPERTY THAT GRANTEE DISCOVERS OR DESIRES TO CORRECT OR IMPROVE PRIOR TO OR AFTER THE DATE OF THIS QUITCLAIM DEED SHALL BE AT GRANTEE'S SOLE EXPENSE. GRANTEE EXPRESSLY WAIVES (TO THE EXTENT ALLOWED BY APPLICABLE LAW) ANY CLAIMS UNDER FEDERAL, STATE OR OTHER LAW THAT GRANTEE MIGHT OTHERWISE HAVE AGAINST GRANTOR RELATING TO THE USE, CHARACTERISTICS OR CONDITION OF THE QUITCLAIM PROPERTY. IN WITNESS WHEREOF, WEST TEXAS & LUBBOCK RAILROAD COMPANY, INC., pursuant to due corporate authority, has caused its name to be signed hereto by its officers hereunto duly authorized and its corporate seal, duly attested, to be hereunto affixed. SIGNED, SEALED and DELIVERED WEST TEXAS & LUBBOCK RAILROAD in the presence of: COMPANY, INC. LM President ATTEST: Secretary STATE OF TEXAS § COUNTY OF BEXAR § (SEAL) This instrument was acknowledged before me on this the # day of 2000 by , of West Texas & Lubbock Railroad Company, Inc., a Texas corporation, on behalf of said corporation. (SEAL) Notary Public, State of Texas S0085562 S0085562 I . I. 7 I, i. WILSON SURVEYING CO. INC. Registered Professional Land Surveyors Global Positioning System Surveyors TEXAS • NEW MEXICO • ARIZONA • NEVADA • UTAH County: Lubbock Account No: 8005-01-20 CSJ No: 0380-01-053 Highway No: U.S. 82 Parcel No: IRR Grantor: West Texas and Lubbock Railroad Company, Inc. EXHIBIT "A" Being 37.035 hectares (91.515 acres) of land out of Sections 35, 36 & 37, Block A -K, Sections 1, 2, 5 & 6, Block E-2, Sections 15 & 17, Block B and Sections 19 & 20, BIock A, which tract of land was conveyed by the Seagraves, Whiteface and Lubbock Railroad to the West Texas and Lubbock Railroad by Deed dated October 30, 1995 and recorded in Volume 5007, Page 207, of the Official Real Property Records of Lubbock County, Texas, of which said 37.035 hectares (91.515 acres) of land is more particularly described as follows: BEGINNING at a %s" Iron Rod, set for the beginning corner of this parcel, whence the Northeast comer of said Section 35, Block -A-K bears South 87038'25" East, 150.690 meters (494.39 feet) and North 02°22'15" East, 709.301 meters (2327.10 feet); (1) THENCE North 56016'50" East, 19.818.meters (65.02 feet) to a %:" Iron Rod with Cap, set for the Southwest corner of a 3.048 meters (10.00 feet) construction and overhead electrical easement and for a corner of this parcel; (2) THENCE North 5601750" East, 166.628 meters (546.68 feet) to a '/z" Iron Rod with Cap, set for a corner of this parcel; (3) THENCE South 02°22'14" West, 9.431 meters (30.94 feet) to a '/Z' Iron Rod with Cap, set for a corner of this parcel; (4) THENCE North 56016'10" East, 550.570 meters (1806.33 feet) to a '/Z" Iron Rod with Cap, set for a corner of this parcel; PAR L DOC (806) 792-4731 • Fax (806) 792-1646 9 3330 70th Street, Suite 201 a Lubbock, Texas 79413 • . WILSON SURVEYING CO. INC. Registered Professional Land Surveyors Global Positioning System Surveyors TEXAS • NEW MEXICO • ARIZONA • NEVADA • UTAH (S) THENCE North 33°4351" West, 7.620 meters (25.00 feet) to a %2" Iron Rod with Cap, set for a corner of this parcel; (6) THENCE North 56016'08" East, 451.349 meters (1480.80 feet) to a ''/2" Iron Rod with Cap, set for a corner of this parcel; (7) THENCE South 02021'40" West, 9.434 meters (30.95 feet) to a %2" Iron Rod with Cap, set for a comer of this parcel; (8) THENCE North 560 1 T04" East, 49.475 meters (162.32 feet) to a '/2" Iron Rod, set for the T.S. (Tangent to Spiral ) of a spiral curve to the left, and a corner of this parcel; (9) THENCE Northeasterly along the arc of a spiral curve to the left, an arc distance of 27.697 meters (90.87 feet) to a %2" Iron Rod, set for the S.C. (Spiral to Circular) of said spiral curve and for a corner of this parcel, said curve has a radius of 271.971 meters (892.29 feet) and a chord that bears North 53°22'01" East, 27.685 teeters (90.83 feet); (10) THENCE Northeasterly, along the arc of a circular curve to the left, an arc distance of 100.130 meters (328.51 feet) to a. %" Iron Rod, set for a corner of this parcel, said circular curve has a radius of 217.777 meters (714.49 feet) and a chord that bears North 37°16'40" East, 99.252 meters (325.63 feet); (11) THENCE South 371133100" East, 7.364 meters (24.16 feet) to a %z" Iron Rod, set for a corner of this parcel; (12) THENCE North 5202700" East, 71.960 meters (236.09 feet) to a '/2" Iron Rod, set for the P.C. of a curve to the right and a comer of this parcel; (13) THENCE Northeasterly, along the arc of a curve to the right, an arc distance of 58.733 meters (192.69 feet) to a'/2" Iron Rod, set for a corner of this parcel, said curve has a radius of 882.140 meters (2894.15 feet) and a chord that bears North 54°21 "27" East, 58.722 meters (192.66 feet); # (14) THENCE North 56015'53" East, 60.978 meters (200.06 feet) to a'/2" Iron Rod, set for the P.C.'of a curve to the right and for a corner of this parcel; 2 PAR 1.DOC (806) 792-4731 • Fax (806) 792-1646 * 3330 70th Street, Suite 201 • Lubbock, Texas 79413 • • WILSON SURYING CO. INC. Registered Professional Land Surveyors Global Positioning System Surveyors TEXAS • NEW MEXICO • ARIZONA • NEVADA e UTAH (15) THENCE Northeasterly, along the arc of a curve to the right, an arc distance of 102.371 meters (335.86 feet) to a'/z" Iron Rod, set for a corner of this parcel, said curve has a radius of 1173.285 meters (3849.35 feet) and a chord that bears North 58°45'52" .East, 102.339 meters . (335.76 feet); (16) THENCE North 61 ° 15'50" East, 216.472 meters (710.21 feet) to a %Z" Iron Rod, set for the P.C. of a curve to the left and for a corner of this parcel; (17) THENCE Northeasterly, along the arc of a curve to the left, an arc distance of 50.039 meters (164.17 feet) to a %i" Iron Rod, set for a corner of this parcel, said curve has a radius of 1155.276 meters (3790.27 feet) and chord that bears North 60°01'23" East, 50.036 meters (164.16 feet); (18) THENCE North 53054'28" East, 7.730 meters (25.36 feet) to a '/s" Iron Rod with Cap, set for the Southeast corner of Lot 3, Santa Fe Park Addition and in the West Right -of -Way line of 45th Street for a corner of this parcel; (19) THENCE North 62°18'35" East, 22.784 meters (74.75 feet) to a 2" Iron Pipe, found for the Southwest corner of Lot 2, Santa Fe Park Addition, and in the East Right -df -Way line of said 45th Street, for a corner of this parcel; (20) THENCE North 62006'40" East, along the South line of Lot 2, Santa Fe Park Addition, 11.503 meters (37.74 feet) to a 2" Iron Pipe, found for a corner of said Lot 2, Santa Fe Park Addition and a corner of this parcel; (21) THENCE North 3304346" West, 11.735 meters (38.50 feet) to a 2" Iron Pipe, found for an interior corner of said Lot 2, Santa Fe Park Addition and a corner of this parcel; (22) THENCE North 5601642" East, 309.609 meters (1015.78 feet) to a 5/8" Iron Rod, found for the Southwest corner of Lot 1-A, S.W.P.S. Addition and the Northwest corner of Lot 2, Doud Addition, for a corner of this parcel; PARLDOC 3 (806) 792-4731 • Fax (806) 792-1646.3330 70th Street, Suite 201 • Lubbock, Texas 79413 • . WILSON SURVEYING CO. INC. Registered Professional Land Surveyors Global Positioning System Surveyors TEXAS • NEW MEXICO ! ARIZONA • NEVADA • UTAH (23) THENCE North 56016'04" East, along the South line of said Lot 1-A, S.W.P.S. Addition,. and the North line of Lot 2, Doud Addition, at 199.835 meters (655.63 feet) pass a '/z" Iron Rod with Cap, set for the Northeast corner of Lot 2, Doud Addition, continuing along the South line of said Lot I -A, S.W.P.S., for a total distance of 438.669 meters (1439.20 feet) to a'/z" Iron Rod with Cap, set for the Southeast corner of said Lot 1-A, S.W.P.S. Addition, the Southwest corner of Lot 2, L.I.S.D. Farm and a corner of this parcel; (24) THENCE North 5601741" East, along the South line of Lot 2, L.I.S.D. Farm, 166.451 meters (546.10 feet) to a'/z" Iron Rod with Cap, set for an interior corner of said Lot 2, L.I.S.D. Farm and a corner of this parcel; (25) THENCE South 33 °4436" East, 15.240 meters (50.00 feet) to a '/Z" Iron Rod with Cap, set for a corner of said Lot 2, L.I.S.D. Farm and a corner of this parcel; (26) THENCE North 56015'15" East, along the South line of said Lot 2, L.I.S.D. Farm, 97.518 meters (319.94 feet) to a '/z" Iron Rod, set for the Southeast comer of said Lot 2 and the Southwest corner of Lot 1, L.I.S.D. Farm and a corner of this parcel; (27) THENCE North 56015'17" East, along the South line of said Lot 1, L.I.S.D. Farm, 292.589 meters (959.94 feet) to a %s" Iron Rod, found at the Southeast corner of said Lot 1 and a corner of this parcel; (28) THENCE North 561,1631" East, along the South line of a 20 foot alley on the South side of Sagemont Addition, Willowick Addition, Howard and Garlington Addition, and crossing Slide Road Right -of -Way, a distance of 928.343 meters (3045.74 feet) to a '/z" Iron Rod with Cap, set on the intersection of the East Right -of -Way line of Slide Road and the South Right -of - Way line of Santa Fe Drive, for the Northwest corner of Lot 2, Young Addition and a corner of this parcel; (29) THENCE North 56°14'47" East, along the South line of Santa Fe Drive and the North line of Lot 2, Young Addition at 240.428 meters (788.80 feet) pass a '/z" Iron Rod with Cap, set for the Northeast corner of said Lot 2 and the Northwest corner of Lot 1, Young Addition, continuing for a total distance of 286.148 meters (938.80 feet) to a'/Z" Iron Rod with Cap, set for the Northeast corner of said Lot 1, Young Addition and a corner of this parcel; PAR l . DOC 4 (806) 792-4731 - Fax (806) 792-1646.3330 70th Street, Suite 201 * Lubbock, Texas 79413 • . WILSON SURVEYING CO. INC. Registered Professional Land Surveyors Global Positioning System Surveyors TEXAS - NEW MEXICO • ARIZONA - NEVADA • UTAH (30) THENCE North 5602245" East, continuing along the South Right -of -Way line of Santa Fe Drive and crossing 29th Drive Right -of -Way; a distance of 40.275 meters (132.13 feet) to a . 3/8" Iron Rod, found in the East Right -of -Way line of 29th Drive for the Southwest comer of Lot 305, Midway Park Addition and a corner of this, parcel; (31) THENCE North 5601753" East, along the South line of said Lot 305, Midway Park Addition, 196.426 meters (644.44 feet) to a %," Iron Rod with Cap, set for Southeast corner of said Lot 305, Midway Park Addition and a corner of this parcel; (32) THENCE North 3304328" West, 15.240 meters (50.00 feet) along the East line of said Lot 305, Midway Park Addition to a point for the Southwest corner of Lot 306-B, Midway Park Addition and a corner of this parcel; (33) THENCE North 56°16'33" East, along the South line of a 15 foot alley, 262.955 meters (862.71 feet) to a'/z" Iron Rod with Cap, set for a corner of this parcel; (34) THENCE South 3304327" East, 15.240 meters (50.00 feet) to a '/z" Iron Rod with Cap, set for a corner of this parcel; (35) THENCE North 56015'52" East, along the Southeast line of a 20 foot alley on the South side of Sherrik Home Addition, a 22.50 foot alley on the South side of Tanglewood Addition, Crossing Toledo Avenue Right -of -Way line and continuing along the South side of a 24 foot alley on the South Side of Block 6, Cain Terrace Addition, a distance of 938.644 meters (3079.53 feet) to a 3/8" Iron Rod, found for the Southeast corner of Block 6, Cain Terrace Addition, and the Southwest corner of Alexander band Addition, for a corner of this parcel; (36) THENCE North 56013'18" East, along the South line of said 24.50 foot alley, 11.506 meters (37.75 feet) to a 3/8" Iron Rod, found for the Southeast corner of Lot 34 and the Southwest corner of Lot 33, Alexander Land Addition and a corner of this parcel; (37) THENCE North 56°16'36" East, along the South line of a 20 foot Utility, Garbage Collection, and Drainage Easement on the South side of Alexander Land Addition, 100.271 meters (328.97 feet) to a '/2" Iron Pipe, found for the Southeast corner of Lot 32 and the Southwest corner of Lot 31, Alexander Land Addition and a corner of this parcel; PAR L DOC 5 (806) 792-4731 - Fax (806) 792-1646.3330 70th Street, Suite 201 - Lubbock, Texas 79413 • . WILSON SURVEYING CO. INC. Registered Professional Land Surveyors Global Positioning System Surveyors TEXAS • NEW MEXICO a ARIZONA • NEVADA • UTAH (38) THENCE North 56°14'20" East, along the South line of a 20 foot Utility, Garbage. Collection and Drainage Easement on the South side of Alexander Land Addition, 85.711 meters (281.20 feet) to a '/2 " Iron Rod, found for the Southeast corner of the Alexander Land Addition and a corner of this parcel; (39) THENCE North 56° 16'10" East, 53.054 meters (174.06 feet) to a point in the East line of Section 17, Block B and the West line of Section 15, Block B, for a corner of this parcel; (40) THENCE North 02°21'43" East, along the East line of Section 17 and the West line of Section 15, Block B, 4.904 meters (16.09 feet) to a point for a corner of this parcel; (41) THENCE North 56016'10" East, 17.372 meters (57.00 feet) to a %" Iron Rod with Cap, set in the East Right -of -Way line of Quaker Avenue, for the Southwest corner of the City of Lubbock property, and a corner of this parcel; (42) THENCE North 56030'58" East, along the South line of the City of Lubbock property, a distance of 100.483 meters (329.67 feet) to a V2" Iron Rod, found for the Southeast corner of the City of Lubbock property and. the Southwest corner of Lot 2, Block 3, John W. Jarrott Subdivision and a corner of this parcel; (43) THENCE North 56011'05" East, along the South line of said Lot 2, Block 3, John W. Jarrott Subdivision, 71.186 meters (233.55 feet) to a %s' Iron Rod, found for the Southeast comer of said Lot 2 and the Southwest corner of Lot 3, Block 3, John W. Jarrott Subdivision, for a corner of this parcel; (44) THENCE North 56009'49" East, along the South line of said Lot 3, Block 3, John W. Jarrott Subdivision, 136.796 meters (448.81 feet) to a 3/8" Iron Rod, found for the Southeast comer of said Lot 3 and the Southwest corner of Lot 1, Dora Henson Addition and a corner of this parcel; (45) THENCE North 56019'40" East, along the South line of an 20 foot alley, on the South side of Lot 1, Dora Henson Addition and Lot 3, Sara Addition, a distance of 97.123 meters (318.65 feet) to a Square Tube, found for the Southwest corner of Lot 1, Sara Addition and a corner of this parcel; PAR L DOC 6 (806) 792-4731 - Fax (806) 792-1646.3330 70th Street, Suite 201 * Lubbock, Texas 79413 • . WILSON SURVEYING CO. INC. Registered Professional Land Surveyors Global Positioning System Surveyors TEXAS • NEW MEXICO • ARIZONA • NEVADA * UTAH (46) THENCE North 56°17'11" East, along the South line of said Lot 1, Sara Addition, 67.083 meters (220.09 feet) to a concrete Highway Right -of -Way Monument, found for the Southeast comer of said Lot 1, Sara Addition, and in the existing South Right -of -Way line of 19th Street and a corner of this parcel; (47) THENCE North 56016'10" East, 18.113 meters (59.43 feet) to a point in the North line of Section 15, Block B and the South line of Section 2, Block E-2, for a corner of this parcel; (48) THENCE South 87°38'32" East, along the North line of said Section 15 and the South line of Section 2, Block E-2, 6.447 meters (21.15 feet) to a point for a corner of this parcel; (49) THENCE North 56013'33" East, at 34.661 meters (113.72 feet) pass an "X" on concrete, found in the North Right -of -Way line of 19th Street, for a corner of Lot 17, Block 7, C. C. Leftwich Addition, continuing along the Southeast line of said Lot 17, at 170.035 meters (557.86 feet) pass a "X" on concrete set for the Northeast corner of said Lot 17 and the Southeast corner of an alley, and continuing for a total distance of 176.881 meters (580.32 feet) to a 1" Iron Pipe, found for the Northeast corner of said alley and a corner of Lot "A", C. C. Leftwich Subdivision and a corner of this parcel; (50) THENCE North 56° 15'27" East, along the South line of said Lot "A", 303.895 meters (997.03 feet) to a fence post found for the Southeast corner of said Lot "A", C. C. Leftwich Subdivision, a corner of Texas Tech University property and a corner of this parcel; (51) THENCE North 56°15'44" East, along .the South line of said Texas Tech University property, 1862.283 meters (6109.84 feet) to a brass cap in concrete, found for a corner of this parcel; (52) THENCE North 56°15'14" East, continuing along said South line of Texas Tech University property, 356.628 meters (1170.04 feet) to a brass cap in concrete, found in the South Right -of -Way line of 4th Street for a corner of Texas Tech University property and a corner of this parcel; (53) THENCE North 56°22'50" East, 62.052 meters (203.58 feet) to a 3/8" Iron Rod, found in the North Right -of -Way line of 4th Street, for a corner of Lot B, A. W. Blankenship Addition #2, and a corner of this parcel; PAR LDOC 7 (806) 792-4731 • Fax (806) 792-1646.3330 70th Street, Suite 201 - Lubbock, Texas 79413 • . WILSON SURVEYING Co., INC. Registered Professional Land Surveyors Global Positioning System Surveyors TEXAS ! NEW MEXICO • ARIZONA • NEVADA • UTAH (54) THENCE North 56°1517" East, along the South line of said Lot B, 194.457 meters (637.98 feet) to a 3/8" Iron Rod, found for the most Northerly Southeast corner of said Lot B and the West Right -of -Way line of Boston Avenue and a corner of this parcel; (55) THENCE North 56°15'09" East, along the South Right -of -Way line of Santa Fe Drive, a distance of 536.971 meters (1761.71 feet) to a point in the East Right -of -Way line of University Avenue, the South line of a 15 foot alley and the Northeast comer of this parcel; (56) THENCE South 02°2246" West, 37.853 meters (124.19 feet) to a %:" Iron Rod with Cap, set in the East Right -of -Way line of University Avenue for the Southeast corner of this parcel; (57) THENCE South 55°4724" West, 37.882 meters (124.28 feet) to a '/2 " Iron Rod, found in the West line of University Avenue and at the Northeast comer of F. R. Friends Addition, for a comer of this parcel; (58) THENCE South 56°19'51" West, 334.633 meters (1097.87 feet) to a'/2" Iron Rod, found in the South line of 3rd Street for the Northwest corner of A. W. Blankenship Addition and a corner of this parcel; (59) THENCE South 56° 14'39" West, along the West line of said A. W. Blankenship Addition, 278.286 meters (913.01 feet) to a %a" Iron Rod with Cap, set in the North Right -of -Way line of 4th Street for the Southwest corner of said A. W. Blankenship Addition and a corner of this parcel; (60) THENCE South 56°15'46" West, along the North Right -of -Way line of U. S. Highway 82, 2665.439 meters (8744.86 feet) to a concrete right -of way monument found, for a corner of this parcel; (61) THENCE South 56°16'04" West, continuing along the North Right -of -Way line of U. S. Highway 82, 216.341 meters (709.78 feet) to a concrete right -of way monument found, for a corner of this parcel; s (62) THENCE South 56°1621" West, continuing along the North Right -of -Way line of U.S. Highway 82, 3747.806 meters (12,295.93 feet) to a T -Rail, found for a corner of this parcel; PAR L DOC 8 (806) 792-4731 9 Fax (806) 792-1646.3330 70th Street, Suite 201 -* Lubbock, Texas 79413 • . WILSON SURVEYING CO.' INC. Q� Registered Professional Land Surveyors Global Positioning System Surveyors TEXAS • NEW MEXICO • ARIZONA • NEVADA • UTAH (63) THENCE South 34011'24" East, 15.422 meters (50.60 feet) to a_T-Rail, found in the North Right -of -Way of U. S. Highway 82, for the Northeast corner of Lot 1, Durwood Addition and a corner of this parcel; (64) THENCE South 56°16'36" West, along the North line of said Lot 1, 137.450 meters (450.95 feet) to %2" Iron Rod found, for the Northwest corner of,said Lot l and the Northeast corner of Lot 2, Durwood Addition and a corner of this parcel; (65) THENCE South 56°01'11" West, along the North line of said Lot 2, 17.717 meters (58.13 feet) to %: " Iron Pipe, found in the North line of said Lot 2 and a corner of this parcel; (66) THENCE South 5600755" West, continuing along the North line of said Lot 2, 24.355 meters (79.90 feet) to 3/8" Iron Rod, found for the Northwest comer of said.Lot 2 and a corner of this parcel; (67) THENCE South 56016-09" West, 63.724 meters (209.07 feet) to 3/8" Iron Rod, found for the Northeast comer of Lot 3, Doud Addition, for a corner of this parcel; (68) THENCE South 56°13'09" West, along the North line of said Lot 3, 92.245 meters (302.64 feet) to ''/s" Iron Rod, found for the Northwest corner of said Lot 3 and a corner of this parcel; (69) THENCE South 3304320" East, along .the West line of said Lot 3, 30.480. meters (100.00 feet) to a 3/4" Iron Pipe, found in the North Right -of -Way line of U. S. Highway 82, for a corner of this parcel; (70) THENCE South 5601758" West, along. the North Right -of -Way line of U. S. Highway 82, at 91.267 meters (299.43 feet) pass an axle, found at the Southeast corner of Lot 1, Doud Addition, continuing along the North Right -of --Way line of U. S. Highway 82, for a total distance of 243.667 meters (799.43 feet) to a point for the Southwest corner of said Lot 1, Doud Addition and a comer of this parcel; (71) THENCE North 33°43'40" West, along the North Right -of -Way line of U.S. Highway 82, a distance of 30.480 meters (100.00 feet) to a fence post, found for an interior corner of said Lot 1, Doud Addition and a corner of this parcel; PAR LDOC N (806) 792-4731 • Fax (806) 792-1646.3330 70th Street, Suite 201 • Lubbock, Texas 79413 • WILSON SURVEYING CO. INC. Registered Professional Land Surveyors Global Positioning System Surveyors TEXAS* NEW MEXICO • ARIZONA • NEVADA - UTAH (72) THENCE South 56015'16" West, along the North Right -of -Way line of U. S. Highway 82, 33.201 meters (108.93 feet) to a ''/z" Iron Rod with Cap, set for the Southwest corner of said Lot 1, Doud Addition and a corner of this parcel; (73) THENCE South 56°16'10" West, continuing along the North Right -of -Way line of U.S. Highway 82, 302.081 meters (991.08 feet) to a '/z" Iron Rod with Cap, set for a comer of this parcel; (74) THENCE North 33°4339" West, 15.240 meters (50.00 feet) to a ''/z" Iron Rod with Cap, set for a corner of this parcel; (75) THENCE South 5601641" West, along the North Right -of --Way line of U. S. Highway 82, 1791.750 meters (5878.43 feet) to a W Iron Rod with Cap, set in the West line of Section 36, Block A -K and the East line of Section 35, Block A -K, for the Southwest corner of this parcel; (76) THENCE South 56°1713" West, along North Right -of -Way line of U.S. Highway 82, 158.670 meters (520.57. feet) to a %" Iron Rod, set in for the Southeast corner of this parcel; (77) THENCE North 33043'10" West, 38.137 meters (125.12 feet) to the P.O.B., of which contains an area of 37.03 hectares (91.5 acres). A plat of even survey date herewith accompanies this legal description. SURVEYED ON THE GROUND AUGUST, 1995 h-Qi� �O �•��f4� C REGISTERED P SSIONAL LAND SURVEYOR go •••NWO •V LSON••• me Note: English units are provided for information only. PAR L DOC 10 (806) 792-4731 - Fax (806) 792-1646.3330 70th Street, Suite 201 - Lubbock, Texas 79413 Resolution No. 2000-80186 WILSON SURVEYING CO., INC. Registered Professional Land Surveyors Global Positioning System Surveyors TEXAS • NEW MEXICO • ARIZONA • NEVADA • UTAH EXHIBIT County: # Lubbock Account No: 8005-01-20 ._ CSJ No: 0380-01-053 Highway No: U.S. 82 Parcel No: IRR Grantor: West Texas and Lubbock Railroad Company, Inc. EXHIBIT "A" Being 37.035 hectares (91.515 acres) of land out of Sections 35, 36 & 37, Block A -K, Sections 1, 2, 5 & 6, Block E-2, Sections 15 & 17, Block B and Sections 19 & 20, Block A, which tract of land was conveyed by the Seagraves, Whiteface and Lubbock Railroad to the West Texas and Lubbock Railroad by Deed dated October 30, 1995 and recorded in Volume 5007, Page 207, of the Official Real Property Records of Lubbock County, Texas, of which said 37.035 hectares (91.515 acres) of land is more particularly described as follows: BEGINNING at a'/z " Iron Rod, set for the beginning corner of this parcel, whence the Northeast corner of said Section 35, Block -A-K bears South 87°3825" East, 150.690 meters (494.39 feet) and North 0202215" East, 709.301 meters (2327.10 feet); (1) THENCE North 56°16'50" East, 19.818.meters (65.02 feet) to a'/z" Iron Rod with Cap, set for the Southwest corner of a 3.048 meters (10.00 feet) construction and overhead electrical easement and for a corner of this parcel; (2) THENCE North 5601750" East, 166.628 meters (546.68 feet) to a '/z" Iron Rod with Cap, set for a corner of this parcel; (3) THENCE South 02°22'14" West, 9.431 meters (30.94 feet) to a '/z" Iron Rod with Cap, set for a comer of this parcel; (4) THENCE North 56°16'10" East, 550.570 meters (1806.33 feet) to a '/2" Iron Rod with Cap, set for a corner of this parcel; PAR l .DOC (806) 792-4731 - Fax (806) 792-1646.3330 70th Street, Suite 201 - Lubbock, Texas 79413 WILSON SURVEYING CO., INC. Registered Professional Land Surveyors Global Positioning System Surveyors TEXAS - NEW MEXICO *ARIZONA - NEVADA • UTAH (5) THENCE North 33043'51" West, 7.620 meters (25.00 feet) to a '/z" Iron Rod with Cap, set for a corner of this parcel; (6) THENCE North 56016'08" East, 451.349 meters (1480.80 feet) to a '/z" Iron Rod with Cap, set for a corner of this parcel; (7) THENCE South 02°21'40" West, 9.434 meters (30.95 feet) to a"'/2" Iron Rod with Cap, set for a corner of this parcel; (8) THENCE North 5601704" East, 49.475 meters (162.32 feet) to a '/z" Iron Rod, set for the T.S. (Tangent to Spiral ) of a spiral curve to the left, and a comer of this parcel; (9) THENCE Northeasterly along the arc of a spiral curve to the left, an arc distance of 27.697 meters (90.87 feet) to a '/s" Iron Rod, set for the S.C. (Spiral to Circular) of said spiral curve and for a corner of this parcel, said curve has a radius of 271.971 meters (892.29 feet) and a chord that bears North 53°22'01" East, 27.685 meters (90.83 feet); (10) THENCE Northeasterly, along the arc of a circular curve to the left, an arc distance of 100.130 meters (328.51 feet) to a.'/" Iron Rod, set -for a corner of this parcel, said circular curve has a radius of 217.777 meters (714.49 feet) and a chord that bears North 37°16'40" East, 99.252 meters (325.63 feet); (11) THENCE South 37033'00" East, 7.364 meters (24.16 feet) to a '/z" Iron Rod, set for a corner of this parcel; (12) THENCE North 5202700" East, 71.960 meters (236.09 feet) to a '/z" Iron Rod, set for the P.C. of a curve to the right and a corner of this parcel; (13) THENCE Northeasterly, along the arc of a curve to the right, an arc distance of 58.733 meters (192.69 feet) to a'/z" Iron Rod, set for a comer of this parcel, said curve has a radius of 882.140 meters (2894.15 feet) and a chord that bears North 54°21 "27" East, 58.722 meters (192.66 feet); (14) THENCE North 56015'53" East, 60.978 meters (200.06 feet) to a '/z" Iron Rod, set for the P.C. of a curve to the right and for a corner of this parcel; 2 PARI .DOC (806) 792-4731 - Fax (806) 792-1646.3330 70th Street, Suite 201 - Lubbock, Texas 79413 WILSON SURVEYING CO., INC. Registered Professional Land Surveyors Global Positioning System Surveyors TEXAS • NEW MEXICO • ARIZONA • NEVADA • UTAH (15) THENCE Northeasterly, along the arc of a curve to the right, an arc distance of 102.371 meters (335.86 feet) to a '/z" Iron Rod, set for a corner of this parcel, said curve has a radius of 1173.285 meters (3849.35 feet) and a chord that bears North 58°45'52" East, 102.339 meters. (335.76 feet); (16) THENCE North 61 ° 15'50" East, 216.472 meters (710.21 feet) to a %s" Iron Rod, set for the P.C. of a curve to the left and for a corner of this parcel; (17) THENCE Northeasterly, along the arc of a curve to the left, an arc distance of 50.039 meters (164.17 feet) to a %2" Iron Rod, set for a corner of this parcel, said curve has a radius of 1155.276 meters (3790.27 feet) and chord that bears North 60°01'23" East, 50.036 meters (164.16 feet); (18) THENCE North 53°54'28" East, 7.730 meters (25.36 feet) to a '/Z" Iron Rod with Cap, set for the Southeast corner of Lot 3, Santa Fe Park Addition and in the West Right -of -Way line of 45th Street for a corner of this parcel; (19) THENCE North 62°18'35" East, 22.784 meters (74.75 feet) to a 2" Iron Pipe, found for the Southwest comer of Lot 2, Santa Fe Park Addition, and in the East Right -df -Way line of said 45th Street, for a corner of this parcel; (20) THENCE North 62006'40" East, along the South line of Lot 2, Santa Fe Park Addition, 11.503 meters (37.74 feet) to a 2" Iron Pipe, found for a corner of said Lot 2, Santa Fe Park Addition and a corner of this parcel; (21) THENCE North 3304346" West, 11.735, meters (38.50 feet) to a 2" Iron Pipe, found for an interior corner of said Lot 2, Santa Fe Park Addition and a corner of this parcel; (22) THENCE North 560'16'42" East, 309.609 meters (1015.78 feet) to a 5/8" Iron Rod, found for the Southwest corner of Lot 1-A, S.W.P.S. Addition and the Northwest corner of Lot 2, Doud Addition, for a corner of this parcel; PAR L DOC 3 (806) 792-4731 9 Fax (806) 792-1646 * 3330 70th Street, Suite 201 • Lubbock, Texas 79413 WILSON SURVEYING CO., INC. Registered Professional Land Surveyors Global Positioning System Surveyors TEXAS * NEW MEXICO • ARIZONA - NEVADA e UTAH (23) THLNCE North 56°16'04" East, along the South line of said Lot 1-A, S.W.P.S. Addition,. and the North line of Lot 2, Doud Addition, at 190.835 meters (655.63 feet) pass a ''/2" Iron Rod with Cap, set for the Northeast corner of Lot 2, Doud Addition, continuing along the South line of said Lot 1-A, S.W.P.S., for a total distance of 438.669 meters (1439.20 feet) to a '/z" Iron Rod with Cap, set for the Southeast corner of said Lot 1-A, S.W.P.S. Addition, the Southwest corner of Lot 2, L.I.S.D. Farm and a corner of this parcel; (24) THENCE North 56.1741" East, along the South line of Lot 2, L.I.S.D. Farm, 166.451 meters (546.10 feet) to a'/z" Iron Rod with Cap, set for an interior comer of said Lot 2, L.I.S.D. Farm and a corner of this parcel; (25) THENCE South 33°4436" East, 15.240 meters (50.00 feet) to a '/z" Iron Rod with Cap, set for a corner of said Lot 2, L.I.S.D. Farm and a corner of this parcel; (26) THENCE North 56°15'15" East, along the South line of said Lot 2, L.I.S.D. Farm, 97.518 meters (319.94 feet) to a '/z" Iron Rod, set for the Southeast corner of said Lot 2 and the Southwest corner of Lot 1, L.I.S.D. Farm and a comer of this parcel; (27) THENCE North 56°15'17" East, along the South line of said Lot 1, L.I.S.D. Farm, 292.589 meters (959.94 feet) to a'/2" Iron Rod, found at the Southeast corner of said Lot 1 and a corner of this parcel; (28) THENCE North 560163 1" East, along the South line of a 20 foot alley on the South side of Sagemont Addition, Willowick Addition; Howard and Garlington Addition, and crossing Slide Road Right -of -Way, a distance of 928.343 meters (3045.74 feet) to a %2" Iron Rod with Cap, set on the intersection of the East Right -of -Way line of Slide Road and the South Right -of - Way line of Santa Fe Drive, for the Northwest comer of Lot 2, Young Addition and a corner of this parcel; (29) THENCE North 56°14'47" East, along the South line of Santa Fe Drive and the North line of Lot 2, Young Addition at 240.428 meters (788.80 feet) pass a '/2" Iron Rod with Cap, set for the Northeast corner of said Lot 2 and the Northwest corner of Lot 1, Young Addition, continuing for a total distance of 286.148 meters (938.80 feet) to a'/2"Iron Rod with Cap, set for the Northeast corner of said Lot 1, Young Addition and a corner of this parcel; PARI.DOC 4 (806) 792-4731 - Fax (806) 792-1646.3330 70th Street, Suite 201 - Lubbock, Texas 79413 WILSON SURVEYING CO., INC. Registered Professional Land Surveyors Global Positioning System Surveyors TEXAS • NEW MEXICO • ARIZONA • NEVADA • UTAH (30) THFfNCE North 56022'45" East, continuing along the South Right -of -Way line of Santa Fe Drive and crossing 29th Drive Right -of -Way, a distance of 40.275 meters (132.13 feet) to a . 3/8" Iron Rod, found in the East Right -of -Way line of 29th Drive for the Southwest corner of Lot 305, Midway Park Addition and a corner of this parcel; (31) THENCE North 56-1753" East, along the South line of said Lot 305, Midway Park Addition, 196.426 meters (644.44 feet) to a '/z" Iron Rod with Cap, set for Southeast corner of said Lot 305, Midway Park Addition and a corner of this parcel; (32) THENCE North 3304328" West, 15.240 meters (50.00 feet) along the East line of said Lot 305, Midway Park Addition to a point for the Southwest corner of Lot 306-B, Midway Park Addition and a corner of this parcel; (33) THENCE North 56016'33" East, along the South line of a 15 foot alley, 262.955 meters (862.71 feet) to a'/2" Iron Rod with Cap, set for a corner of this parcel; (34) THENCE South 3304327" East, 15.240 meters (50.00 feet) to a '/z" Iron Rod with Cap, set for a corner of this parcel; (35) THENCE North 56-15-52" East, along the Southeast line of a 20 foot alley on the South side of Sherrik Home Addition, a 22.50 foot alley on the South side of Tanglewood Addition, Crossing Toledo Avenue Right -of -Way line and continuing along the South side of a 24 foot alley on the South Side of Block 6, Cain Terrace Addition, a distance of 938.644 meters (3079.53 feet) to a 3/8" Iron Rod, found for the Southeast corner of Block 6, Cain Terrace Addition, and the Southwest corner of Alexander Land Addition, for a corner of this parcel; (36) THENCE North 56013'18" East, along the South line of said 24.50 foot alley, 11.506, meters (37.75 feet) to a 3/8" Iron Rod, found for the Southeast corner of Lot 34 and the Southwest corner of Lot 33, Alexander Land Addition and a corner of this parcel; (37) THENCE North 56°16'36" East, along the South line of a 20 foot Utility, Garbage Collection, and Drainage Easement on the South side of Alexander Land Addition, 100.271 meters (328.97 feet) to a '/2 " Iron Pipe, found for the Southeast corner of Lot 32 and the Southwest corner of Lot 31, Alexander Land Addition and a corner of this parcel; PARI .DOC 5 (806) 792-4731 a Fax (806) 792-1646 a 3330 70th Street, Suite 201 9 Lubbock, Texas 79413 WILSON SURVEYING CO., INC. Registered Professional Land Surveyors Global Positioning System Surveyors TEXAS • NEW MEXICO • ARIZONA • NEVADA * UTAH (38) TH19NCE North 56°14'20" East, along the South line of a 20 foot Utility, Garbage, Collection and Drainage Easement on the South side of Alexander Land Addition, 85.711 meters (281.20 feet) to a '/s" Iron Rod, found for the Southeast corner of the Alexander Land Addition and a corner of this parcel; (39) THENCE North 56°16'10" East, 53.054 meters (174.06 feet) to a point in the East line of Section 17, Block B and the West line of Section 15, Block B, for a corner of this parcel; (40) THENCE North 02°21'43" East, along the East line of Section 17 and the West line of Section 15, Block B, 4.904 meters (16.09 feet) to a point for a corner of this parcel; (41) THENCE North 56016'10" East, 17.372 meters (57.00 feet) to a'/i' Iron Rod with Cap, set in the East Right -of -Way line of Quaker Avenue, for the Southwest corner of the City of Lubbock property, and a corner of this parcel; (42) THENCE North 56030'58" East, along the South line of the City of Lubbock property, a distance of 100.483 meters (329.67 feet) to a'/z" Iron Rod, found for the Southeast corner of the City of Lubbock property and 'the Southwest comer of Lot 2, Block 3, John W. Jarrott Subdivision and a corner of this parcel; (43) THENCE North 56°11'05" East, along the South line of said Lot 2, Block 3, John W. Jarrott Subdivision, 71.186 meters (233.55 feet) to a'/z" Iron Rod, found for the Southeast corner of said Lot 2 and the Southwest corner of Lot 3, Block 3, John W. Jarrott Subdivision, for a comer of this parcel; (44) THENCE North 56°09'49" East, along the South line of said Lot 3, Block 3, John W. Jarrott Subdivision, 136.796 meters (448.81 feet) to a 3/8" Iron Rod, found for the Southeast corner of said Lot 3 and the Southwest comer of Lot 1, Dora Henson Addition and a corner of this parcel; (45) THENCE North 56°19'40" East, along the South line of an 20 foot alley, on the South side of Lot 1, Dora Henson Addition and Lot 3, Sara Addition, a distance of 97.123 meters (318.65 feet) to a Square Tube, found for the Southwest corner of Lot 1, Sara Addition and a corner of this parcel; PARI .DOC (806) 792-4731 - Fax (806) 792-1646.3330 70th Street, Suite 201 a Lubbock, Texas 79413 I VLNI 41111 iLn WILSON SURVEYING CO., INC. Registered Professional Land Surveyors Global Positioning System Surveyors TEXAS - NEW MEXICO - ARIZONA • NEVADA - UTAH (46) THENCE North 5601711" East, along the South line of said Lot 1, Sara Addition, 67.083 meters (220.09 feet) to a concrete Highway Right -of -Way Monument, found for the Southeast corner of said Lot 1, Sara Addition, and in the existing South Right -of -Way line of 19th Street and a corner of this parcel; (47) THENCE North 56°16'10" East, 18.113 meters (59.43 feet) to a point in the North line of Section 15, Block B and the South line of Section 2, Block E-2, for a corner of this parcel; (48) THENCE South 87°38'32" East, along the North line of said Section 15 and the South line of Section 2, Block E-2, 6.447 meters (21.15 feet) to a point for a corner of this parcel; (49) THENCE North 56013'33" East, at 34.661 meters (113.72 feet) pass an "X" on concrete, found in the North Right -of -Way line of 19th Street, for a corner of Lot 17, Block 7, C. C. Leftwich Addition, continuing along the Southeast line of said Lot 17, at 170.035 meters (557.86 feet) pass a "X" on concrete set for the Northeast .corner of said Lot 17 and the Southeast corner of an alley, and continuing for a total distance of 176.881 meters (580.32 feet) to a 1" Iron Pipe, found for the Northeast corner of said alley and a corner of Lot "A", C. C. Leftwich Subdivision and a corner of this parcel; (50) THENCE North 56-15'27" East, along the South line of said Lot "A", 303.895 meters (997.03 feet) to a fence post found for the Southeast corner of said Lot "A", C. C. Leftwich Subdivision, a corner of Texas Tech University property and a corner of this parcel; (51) THENCE North 56°15'44" East, along the South line of said Texas Tech University property, 1862.283 meters (6109.84 feet) to a brass cap in concrete, found for a corner of this parcel; (52) THENCE North 56015'14" East, continuing along said South line of Texas Tech University property, 356.628 meters (1170.04 feet) to a brass cap in concrete, found in the South Right -of -Way line of 4th Street for a corner of Texas Tech University property and a corner of this parcel; (53) THENCE North 56022150" East, 62.052 meters (203.58 feet) to a 3/8" Iron Rod, found in the North Right -of -Way line of 4th Street, for a corner of Lot B, A. W. Blankenship Addition ##2, and a corner of this parcel; PARI .DOC 7 (806) 792-4731 - Fax (806) 792-1646.3330 70th Street, Suite 201 - Lubbock, Texas 79413 WILSON SURVEYING CO., INC. Registered Professional Land Surveyors Global Positioning System Surveyors TEXAS • NEW MEXICO • ARIZONA * NEVADA 9 UTAH (54) THENCE North 56°15'17" East, along the South line 'of said Lot B, 194.457 meters (637.98 feet) to a 3/8" Iron Rod, found for the most Northerly Southeast corner of said Lot B and the West Right -of -Way line of Boston Avenue and a corner of this parcel; (55) THENCE North 56015'09" East, along the South Right -of -Way line of Santa Fe Drive, a distance of 536.971 meters (1761.71 feet) to a point in the East Right -of -Way line of University Avenue, the South line of a 15 foot alley and the Northeast corner of this parcel; (56) THENCE South 02°2246" West, 37.853 meters (124.19 feet) to a'/z" Iron Rod with Cap, set in the East Right -of -Way line of University Avenue for the Southeast corner of this parcel; (57) THENCE South 55°4T24" West, 37.882 meters (124.28 feet) to a'/2" Iron Rod, found in the West line of University Avenue and at the Northeast corner of F. R. Friends Addition, for a corner of this parcel; (58) THENCE South 56,019'51" West, 334.633 meters (1097.87 feet) to a '/2 " Iron Rod, found in the South line of 3rd Street for the Northwest corner of A. W. Blankenship Addition and a corner of this parcel; (59) THENCE South 56°14'39" West, along the West line of said A. W. Blankenship Addition, 278.286 meters (913.01 feet) to a %2" Iron Rod with Cap, set in the North Right -of -Way line of 4th Street for the Southwest corner of said A. W. Blankenship Addition and a corner of this parcel; (60) THENCE South 56015'46" West, along the North Right -of -Way line of U. S. Highway 82, 2665.439 meters (8744.86 feet) to a concrete right -of way monument found, for a corner of this parcel; (61) THENCE South 56°16'04" West, continuing along the North Right -of -Way line of U. S. Highway 82, 216.341 meters (709.78 feet) to a concrete right -of way monument found, for a corner of this parcel; (62) THENCE South 56°1621" West, continuing along the North Right -of -Way line of U. S. Highway 82, 3747.806 meters (12,295.93 feet) to a T -Rail, found for a corner of this parcel; PARLDOC 8 (806) 792-4731 0 Fax (806) 792-1646.3330 70th Street, Suite 201 • Lubbock, Texas 79413 WILSON SURVEYING CO. INC. Registered Professional Land Surveyors Global Positioning System Surveyors TEXAS - NEW MEXICO - ARIZONA - NEVADA * UTAH (63) THENCE South 3401124" East, 15.422 meters (50.60'feet) to a T -Rail, found in the North Right -of -Way of U. S. Highway 82, for the Northeast corner of Lot 1, Durwood Addition and a comer of this parcel; (64) THENCE South 56°16'36" West, along the North line of said Lot 1, 137.450 meters (450.95 feet) to '/2" Iron Rod found, for the Northwest corner of.said Lot l and the Northeast corner of Lot 2, Durwood Addition and a corner of this parcel; (65) THENCE South 56*0111" West, along the North line of said Lot 2, 17.717 meters (58.13 feet) to 1/2" Iron Pipe, found in the North line of said Lot 2 and a corner of this parcel; (66) THENCE South 56°07155" West, continuing along the North line of said Lot 2, 24.355 meters (79.90 feet) to 3/8" Iron Rod, found for the Northwest corner of said.Lot 2 and a corner of this parcel; (67) THENCE South 56° 16'09" West, 63.724 meters (209.07 feet) to 3/8" Iron Rod, found for the Northeast corner of Lot 3, Doud Addition, fora corner of this parcel; (68) THENCE South 56°13'09" West, along the North line of said Lot 3, 92.245 meters (302.64 feet) to %2" Iron Rod, found for the Northwest corner of said Lot 3 and a corner of this parcel; (69) THENCE South 33043'20" East, along .the West line of said Lot 3, 30.480. meters (100.00 feet) to a 3/4" Iron Pipe, found in the -North Right -of -Way line of U. S. Highway 82, for a corner of this parcel; (70) THENCE South 56°1758" West, along the North Right -of -Way line of U. S. Highway 82, at 91.267 meters (299.43 feet) pass an axle, found at the Southeast corner of Lot 1, Doud Addition, continuing along the North Right -of --Way line of U. S. Highway 82, for a total distance of 243.667 meters (799.43 feet) to a point for the Southwest comer of said Lot 1, Doud Addition and a corner of this parcel; (71) THENCE North 33043'40" West, along the North Right -of -Way line of U.S. Highway 82, a distance of 30.480 meters (100.00 feet) to a fence post, found for an interior corner of said Lot 1, Doud Addition and a corner of this parcel; PARLDOC 9 (806) 792-4731 - Fax (806) 792-1646.3330 70th Street, Suite 201 - Lubbock, Texas 79413 • • WILSON SURVEYING CO., INC. Registered Professional Land Surveyors Global Positioning System Surveyors TEXAS • NEW MEXICO • ARIZONA • NEVADA* UTAH (72) TANCE South 56°15'16" West, along the North Right -of -Way line of U. S. Highway. 82, 33.201 meters (108.93 feet) to a'/2" Iron Rod with Cap, set for the Southwest corner of said Lot 1, Doud Addition and a corner of this parcel; (73) THENCE South 56°16'10" West, continuing along the North Right -of -Way line of U.S. Highway 82, 302.081 meters (991.08 feet) to a '/2 " Iron Rod with Cap, set for a comer of this parcel; (74) THENCE North 33°4339" West, 15.240 mcters (50.00 fcct) to a %2" Iron Rod with Cap, set for a corner of this parcel; (75) THENCE South 56°1641" West, along the North Right -of -Way line of U. S. Highway 82, 1791.750 meters (5878.43 feet) to a %2" Iron Rod with Cap, set in the West line of Section 36, Block A -K and the East line of Section 35, Block A -K, for the Southwest corner of this parcel; (76) THENCE South 56°1713" West, along North Right -of -Way line of U.S. Highway 82, 158.670 meters (520.57. feet) to a W Iron Rod, set in for the Southeast corner of this parcel; (77) THENCE North 33°43'10" West, 38.137 meters (125.12 feet) to the P.O.B., of which contains an area of 37.03 hectares (91.5 acres). A plat of even survey date herewith accompanies this legal description. SURVEYED ON THE GROUND AUGUST, 1995 !Wj ! _ • . -HISS . fJ • . . r or Note' English units are provided for information only. 10 OF � o GARY Q W LSON SU too PARI .DOC (806) 792-4731 • Fax (806) 792-1646 a 3330 70th Street, Suite 201 • Lubbock, Texas 79413 i Resolution No. 2000 RO186 February 28, 1991 L Icem #13 r EXIJIBIT JWF: js RESOLUTION BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Mayor of the City of Lubbock BE and is hereby authorized and directed to execute for and on behalf of the City of Lubbock an 'Agreement for the Relacatiarr�� of a portion of the Seagraves, Whiteface and Lubbock Railroad for conshuction of a controlled access highway facilityin the City of Lubbock" in such form as approved by the Assistant City anager for Development Services and the City Attorney's Office of the City of Lubbock, said Agreement to be entered into by and between the City of Lubbock and Seagraves, Whiteface and Lubbock Railroad, attached herewith, which shall be spread upon the minutes of the Council and as spread upon the minutes of this Council shall constitute and be a part of this Resolution as if fully copied herein in detail. Passed by the City Council this 28th 1991. day of February jV4­cM &,--6y ATTEST: NN, YATTEST: Van tte oy ity Secretary APPROVED AS TO CONTENT: aures ertram, ssIstant ,ty Manag for Development Services APPROVED AS TO FORM: l� C t u ingim, ssi tant it A ney y AGREEMENT FOR THE RELOCATION OF A PORTION OF THE SEAGRAVES, WHITEFACE AND LUBBOCK RAILROAD FOR CONSTRUCTION OF A CONTROLLED ACCESS HIGHWAY FACILITY IN THE CITY OF LUBBOCK, TEXAS This agreement (the "Agreement") is entered into as of the 9 day of _ MerCk ,- .1991, by and between the City of Lobb co kco k, Texas (hereinafter called the "CITY"), acting by and through its duly authorized official, pursuant to City Council Resolution Number. 35,59, dated February 28, 1991, and City Council Resolution Number 31`!3, dated August 10, 1989, and the Seagraves, Whiteface and Lubbock Railroad Corporation (hereinafter called the "RAILROAD"), acting through its duly authorized official. WITNESSETH: WHEREAS, the Department of Highways and Public Transportation of the State of Texas (hereinafter called the "STATE") and the CITY have, for the purpose of decreasing hazards to life and property, promoting public safety, improving traffic conditions and encouraging the CITY's orderly development, deemed it necessary to construct a controlled access highway facility in the City of Lubbock as a part of the State Highway System (which facility shall be referred to as the "East-West Freeway" for purposes of this Agreement); WHEREAS, in Lubbock County, Texas, the STATE owns, operates and maintains U.S. Highway 82 as a part of its State Highway System; WHEREAS, the STATE and CITY have, for the purposes of decreasing hazards to life and property, promoting public safety, improving traffic conditions, and encouraging the orderly development of the CITY, deemed it necessary to improve a 6.8 - mile segment of said East-West Freeway, extending from South Loop 289 (SW), northeasterly and thence easterly to a crossing with Interstate Highway 27; WHEREAS, the recommended design and alignment of the improved East-West Freeway will necessitate the acquisition of a portion of the RAILROAD's existing right-of-way, and the relocation of the RAILROAD's operations from such right-of-way to an alternative right-of-way; WHEREAS, the STATE and the CITY have agreed upon the respective responsibilities of each of them in relation to relocation of the RAILROAD's operations in furtherance of construction of the East-West Freeway, and have entered into an agreement which defines such responsibilities pursuant to Texas Civil Statutes Article 6673b; IN WHEREAS, in furtherance of construction of the East-West Freeway, the CITY has requested that the RAILROAD convey to the CITY or its nominee a portion of its existing right-of-way and relocate its railroad operations from such right-of-way to an alternate right-of-way to be provided by the CITY, and the RAILROAD has agreed to cooperate with the CITY upon the terms and conditions set forth in this Agreement; and WHEREAS, the CITY and the RAILROAD desire to enter into an agreement to define their respective responsibilities and obligations, in accordance with the powers granted the CITY under the provisions o Article 1105c, Vernon's Annotated Civil Statutes of the State of Texas. NOW, THEREFORE, in consideration of the recitals set forth above, the mutual covenants and agreements of the parties hereinafter contained, and other good and valuable consideration, the parties hereto agree as follows: AGREEMENT ARTICLE 1. Exchange of Land. Upon satisfaction of all of the conditions precedent set forth in this Agreement, the RAILROAD agrees to: (i) convey to the STATE (as the CITY's nominee) all right, title and interest held by the RAILROAD in and to the RAILROAD's present real property right- of-way proximal to the U.S. Highway 82 corridor, between a point to be agreed upon by the parties located southwest of the intersection of U.S. Highway 82 and Loop 289 (SW) and a point just east of University Avenue (the "Old Right -Of -Way"). The parties agree that, in determining the southwestern -most point of the Old Right -Of -Way, they shall use all reasonable efforts to provide, to the maximum extent possible, for the RAILROAD's continued use and operation of the tracks on its Whiteface Line in the proximity of Loop 289 (SW) and the Brownfield Road Bridge. A map of the Old Right -Of -Way (with approximate beginning and ending points) is attached hereto as Exhibit A and made a part hereof for illustrative purposes only; and accept from the CITY, in exchange for the conveyance of the Old Right -Of -Way to the STATE, fee simple title, less mineral rights, to a new right-of-way to be located by agreement of the parties between West Loop 289 and Reese Air Force Base, connecting the RAILROAD's existing right-of- way along the U.S. Highway 82 corridor southwest of Loop 289, with the right-of-way of the Atchison, Topeka and Santa Fe Railroad ("AT&SF") K along the U.S. Highway 84 corridor northwest of Loop 289 (the "New Right -Of -Way"). Hereinafter, "fee simple title" shall be understood in this Agreement to exclude any and all mineral rights. Notwithstanding anything in this subparagraph to the contrary, at those locations where the New Right -Of -way intersects with pre-existing public roads, RAILROAD will accept from CITY in lieu of fee simple title, and CITY will, to the extent authorized by law, convey, assign and/or transfer to RAILROAD, joint operating agreements, perpetual easements and any and all other documents and agreements, in a form acceptable to RAILROAD, which allow for RAILROAD's use of and operation of its railroad on, over and across said intersections. A proposed location for the New Right -Of -Way is identified on Exhibit A attached hereto and made a part hereof, for illustrative purposes only. ARTICLE 2. Conditions Precedent to Conveyance of Old Right -Of - Way. The RAILROAD's agreement to convey the Old Right -Of -Way to the STATE is subject to and conditioned upon satisfaction of each of the following conditions precedent: A. / The CITY will, at its expense, perform or cause to be performed all surveying, engineering and other professional services necessary to identify, analyze, design and plan alternative routes for the New Right - Of -Way. The RAILROAD shall be permitted to participate with the CITY in reviewing and analyzing all reports, data and information compiled in connection with the analysis of alternative routes for the New Right -Of - Way. When the CITY has made its determination of the appropriate New Right -Of -Way, it shall notify the RAILROAD, in writing, and provide the RAILROAD with a right-of-way schematic of such proposed New Right -Of - Way, along with other relevant data and identifying information as may be necessary for RAILROAD's review and consideration of such proposal. The final determination of the location of the New Right -Of -way shall be subject to the RAILROAD's approval, which shall not be unreasonably withheld or delayed. B. Promptly after the CITY and the RAILROAD have agreed upon the location of the New Right -Of -way, the CITY will, at its expense, prepare or cause to be prepared environmental -impact studies and all other studies, tests and analyses of and relating to the New Right -Of - Way as may be required to comply with applicable federal, state and local law requirements. The CITY shall make all such studies, tests and information available to the RAILROAD., for its review. Notwithstanding the RAILROAD's right to review such 3 /V�, information submitted by the CITY, the CITY shall have the sole responsibility of procuring all studies, tests and data as may be required by applicable federal, state or local laws, and RAILROAD shall have no liability for compliance with such laws. The CITY will cause the New Right -Of -Way to meet or exceed all federal, state and local laws, regulations, orders and decisions for and relating to the protection of the environment. C. From and after the date upon which the RAILROAD and the CITY agree upon the location of the New Right -Of -Way, the CITY fthall, upon request of the RAILROAD, and at no expense to the RAILROAD, conduct such site and soil inspections, testing or other investigations on or of the property comprising the New Right -Of -Way and shall otherwise to do that which is reasonably necessary, to the satisfaction of the RAILROAD,. to determine the suitability of the New Right -Of -Way for the uses intended by the RAILROAD, and to determine whether there is present on or under the New Right -Of -Way (or whether there is any evidence of an escape, seepage or leakage from the property underlying the New Right -Of - Way into or upon any land, watercourse or body of water) any hazardous or toxic chemicals, substances, mixtures, wastes, contaminants or pollutants within the meaning of any federal, state or local statute, regulation or ordinance, or other wastes or petroleum ("Hazardous Substances"). D. The CITY will take all actions and do all things necessary and appropriate to effect the relocation of the RAILROAD's operations from the Old Right -Of -Way to the New Right -Of -Way, including construction of the New Facilities (as hereinafter. defined) in accordance with plans and specifications approved by the RAILROAD. For purposes of this Agreement, the term "New Facilities" shall mean and include, at a minimum, the following: (i) new rails, ties, tie plates, spikes, switches, gates, lights, trackage and appurtenances as are necessary and appropriate for the operation of the railroad by the RAILROAD on, over and across the New Right -Of -Way; (ii) a smooth, uninterrupted connection between the trackage and facilities on the New Right -Of -Way and the RAILROAD's existing track on its right-of- way southwest of Loop 289; (iii) switches allowing smooth interchange at the intersection of the New Right -Of -Way and the RAILROAD's existing tracks on its Whiteface Line; %(iv) a switch connection on the New Right -Of -way proximally east of Reese Air Force Base, so as to allow for future service to Reese Air Force Base; (v) switches providing smooth access with the AT&SF tracks at the point northwest of Loop 289 where the New Right -Of -Way will intersect with the AT&SF tracks; (vi) a railcar yard, at approximately the location of the switches identified in (v) above, containing at least three tracks, with each track capable of storing at least forty (40) railcars; and (vii) a yard, located along the RAILROAD's Whiteface Line and having access to a public road, suitable for the loading and unloading of aggregate and other commodities comparable to the yard presently being used by the RAILROAD at the approximate location of the intersection of U.S. Highway 82 and Loop 289 (SW). E. The CITY will, at its expense, prepare or cause to be prepared all site -plans, designs, construction plans and specifications for the New Facilities. The CITY will submit the construction plans and specifications to the RAILROAD for review and approval. Once the RAILROAD has approved same, the CITY shall secure the STATE's concurrence as to all construction plans and specifications. F. The CITY will, at no expense to the RAILROAD, secure all necessary and appropriate licenses, permits and approvals in connection with (i) the acquisition of the Old Right -Of -Way, (ii) assemblage of the acreage for conveyance of the New Right -Of -Way, (iii) construction of the New Facilities and (iv) relocation of the RAILROAD's operations from the Old Right -Of -Way to the New Right -Of -Way. Upon the RAILROAD's request, the CITY shall provide the RAILROAD with copies of such permits, licenses and approvals. Upon request of the CITY, the RAILROAD will cooperate with the CITY in any proceeding or action necessary to obtain said licenses, permits and approvals. Any such action or proceeding shall be conducted by the CITY without any cost or expense to the RAILROAD. RAILROAD shall, prior to incurring any expenses under this sub -paragraph, submit to the CITY for its approval a schedule or schedules identifying the rates for all professionals and personnel to be retained or used by the RAILROAD in the exercise of its rights granted in this sub -paragraph. Said schedule or schedules shall, to the extent possible, also identify the range of costs that may be incurred by the RAILROAD. Said schedule or schedules may be disapproved by the CITY only if they are unreasonable, and approval by the CITY may not be unreasonably withheld or delayed. All reasonable fees, costs and expenses incurred by the RAILROAD in connection with the exercise of the rights granted it in this sub -paragraph and which are in conformance with the schedule or schedules previously approved by the CITY shall, upon monthly submission of a detailed invoice by the CITY and upon the CITY's approval thereof, be promptly paid by the CITY, and such approval shall not be unreasonably withheld or delayed. G. The CITY shall deliver to the RAILROAD copies of final, detailed plans and specifications for the New Right -Of - Way and the New Facilities, which shall be subject'to prior approval by the RAILROAD, together with evidence satisfactory to the RAILROAD that the STATE has concurred in such plans and specifications and the appropriate local authorities have approved such plans and specifications as satisfying the terms of any agreements, ordinances, regulations or requirements applicable to the relocation. The CITY will not cause or permit any changes or modifications in the plans or specifications or any deviations therefrom which would materially adversely effect the scope or quality of the New Right -Of -Way or the New Facilities without the prior written consent of the RAILROAD and all necessary federal, state or local authorities. H. The CITY will, at its expense, cause the New Facilities to be constructed and completed in good and workmanlike manner, free from liens or encumbrances of any nature. The CITY will provide construction administration for the New Facilities and will inspect construction as progress requires, in accordance with the CITY's ordinances, rules, regulations and custom. The CITY will permit the RAILROAD or its representatives at all reasonable times and as often as the RAILROAD may reasonably request to inspect the New Facilities and the materials to be used in the construction thereof, and to examine all detailed pians and drawings which relate to construction of the New Facilities and/or the New Right -Of -Way. The CITY will require its contractors, sub -contractors and materialmen to cooperate with the RAILROAD to enable it and its representatives to exercise its rights hereunder. I. The RAILROAD shall have the right to appoint such independent engineers, inspectors or consultants to assist the RAILROAD in analyzing the surveys, le 6 PN topographical data, engineering studies and environmental studies relating to the New Right -Of -Way, the plans and specifications for the New Facilities, to conduct monthly compliance inspections and to prepare reports regarding all of the above for the RAILROAD. RAILROAD shall, prior to incurring any expenses under this sub -paragraph, submit to the CITY for its approval a schedule or schedules identifying the rates for all professionals and personnel to be retained or used by the RAILROAD in the exercise of its rights granted in this sub -paragraph. Said schedule or schedules shall, to the extent possible, also identify the range of costs that may be incurred by the RAILROAD. Said schedule or schedules may be disapproved by the CITY only if they are unreasonable, and approval by the CITY may not be unreasonably withheld or delayed. All reasonable fees, costs and expenses incurred by the RAILROAD in connection with the exercise of the rights granted it in this sub -paragraph and which are in conformance with the schedule or schedules previously approved by the CITY shall, upon monthly submission of a detailed invoice to the CITY and upon the CITY's approval thereof, be promptly paid by the CITY, and such approval shall not be unreasonably withheld or delayed. J. The New Right -Of -Way and New Facilities shall comply with all federal, state and local laws, regulations and requirements relating to the construction and operation of railroad lines, including, without limiting the generality of the foregoing, all regulations and requirements promulgated by the United States Department of Transportation, the Federal Railroad Administration, the Interstate Commerce Commission, the Texas Railroad Commission and the Texas Department of Highways and Public Transportation. K. The CITY will, at no expense to the RAILROAD, obtain the approval of the Interstate Commerce Commission, the Texas Railroad Commission and any other necessary governmental body for the RAILROAD to abandon the Old Right -Of -Way and relocate and continue its operations over and upon the New Right -Of -Way. Upon request of the CITY, the RAILROAD will cooperate with the CITY in any proceeding necessary to obtain said approval, provided, however, that RAILROAD shall not be obligated to abandon the Old Right -of -Way or relocate its operations to the New Right -Of -Way unless and until the transactions contemplated by this Agreement have been consummated. Any such proceedings shall be conducted by the CITY without any cost or expense to the RAILROAD. RAILROAD shall, prior to incurring any expenses under this sub -paragraph, submit to the CITY for its approval a schedule or schedules identifying 7 �� the rates for all professionals and personnel to be retained or used by the RAILROAD in the exercise of its rights granted in this sub -paragraph. Said schedule or schedules shall, to the extent possible, also identify the range of costs that may be incurred by the RAILROAD. Said schedule or schedules may be disapproved by the CITY only if they are unreasonable, and approval by the CITY may not be unreasonably withheld or delayed. All reasonable fees, costs and expenses incurred by the RAILROAD in connection with the exercise of the rights granted it in this sub- paragraph and which are in conformance with the schedule Mr schedules previously approved by the CITY shall, upon monthly submission of a detailed invoice to the CITY and upon the CITY's approval thereof, be promptly paid by the CITY, and such approval shall not be unreasonably withheld or delayed. L. The RAILROAD shall secure an agreement from the AT&SF allowing the RAILROAD to interchange with the AT&SF at the new track intersection northwest of Loop 289. Said agreement shall ensure the RAILROAD's ability to interchange with the AT&SF with at least the same frequency as now occurs in connection with the Old Right -Of -Way and shall otherwise be satisfactory to the RAILROAD in all respects. RAILROAD shall, prior to incurring any expenses under this sub -paragraph, submit to the CITY for its approval a schedule or schedules identifying the rates for all professionals and personnel to be retained or used by the RAILROAD in the exercise of its rights granted in this sub -paragraph. Said schedule or schedules shall, to the extent possible, also identify the range of costs that may be incurred by the RAILROAD. Said schedule or schedules may be disapproved by the CITY only if they are unreasonable, and approval by the CITY may not be unreasonably withheld or delayed. All reasonable fees, costs and expenses incurred by the RAILROAD in connection with the exercise of the rights granted it in this sub -paragraph and which are in conformance with the schedule or schedules previously approved by the CITY shall, upon monthly submission of a detailed invoice to the CITY and upon the CITY's approval thereof, be promptly paid by the CITY, and such approval shall not be unreasonably withheld or delayed. M. The RAILROAD and its agents, engineers and other representatives shall have thirty (30) days from the date of the CITY's completion of the New Facilities to inspect, examine, obtain engineering inspections and to secure such assurances and otherwise do that which, in the RAILROAD's opinion, is necessary to determine the structural and mechanical condition of the New Facilities on the New Right -Of -Way and the suitability 8 of such improvements for the uses intended by the RAILROAD. RAILROAD shall, prior to incurring any expenses under this sub -paragraph, submit to the CITY for its approval a schedule or schedules identifying the rates for all professionals and personnel to be retained or used by the RAILROAD in the exercise of its rights granted in this sub -paragraph. Said schedule or schedules shall, to the extent possible, also identify the range of costs that may be incurred by the RAILROAD. Said schedule or schedules may be disapproved by the CITY only if they are unreasonable, and approval by the CITY may not be unreasonably withheld Aar delayed. All reasonable fees, costs and expenses incurred by the RAILROAD in connection with the exercise of the rights granted it in this sub- paragraph and which are in conformance with the schedule or schedules previously approved by the CITY shall, upon monthly submission of a detailed invoice to the CITY and upon the CITY's approval thereof, be promptly paid by the CITY, and such approval shall not be unreasonably withheld or delayed. N. Upon completion of the New Facilities, the CITY shall provide the RAILROAD with an American Land Title Association ("A.L.T.A.") survey, or its equivalent, of the New Right -Of -Way, certified to the RAILROAD and prepared by a registered Texas land surveyor, showing all improvements, the New Facilities, lot lines, utility easements, roads and showing no encroachments. O. (a) The CITY shall furnish to the RAILROAD a commitment for an A.L.T.A., or its equivalent, Owner's Form B policy of title insurance for the entire New Right -Of -Way, issued by a title insurance company licensed to do business in Texas and acceptable to the RAILROAD. Said commitment for title insurance shall be in the amount of the Agreed Value of the New Right -Of - Way (as hereinafter defined) and shall show good and indefeasible title to the New Right -Of -Way in the CITY, subject only to general taxes not yet due and payable, pre-existing public roads, mineral rights, and other covenants and agreements of record which are acceptable to the RAILROAD (the "Permitted Exceptions") . If the commitment for title insurance discloses unpermitted exceptions, the CITY shall, prior to the Conveyance Date, have said exceptions removed or insured over to the satisfaction of the RAILROAD. If the CITY fails to have the exceptions removed or insured against, RAILROAD may, within sixty (60) days of written notice of such failure terminate this Agreement. In the event RAILROAD does not terminate this Agreement within said sixty (60) days, any and all exceptions disclosed on the title commitment shall be deemed Permitted Exceptions. 9 (b) The CITY may from time to time furnish to the RAILROAD a commitment or commitments for title insurance for one or more parcels contained within the New Right -Of -Way for the sole purpose of determining if any of the exceptions contained therein are Permitted Exceptions. All such exceptions which the RAILROAD accepts and acknowledges, in writing, as Permitted Exceptions shall, thereafter, be Permitted Exceptions in the said commitment for title insurance for the entire New Right -Of -Way as provided in sub -paragraph (a) hereof. Nothing herein shall relieve the CITY of its obligations under sub -paragraph (a) hereof. P. The CITY shall, in accordance with Article 1105c, Vernons Annotated Civil Statutes of Texas, and any applicable federal and state laws and policies governing the acquisition of real property, at its expense, acquire fee simple title to all parcels of real estate which comprise the New Right -Of -Way. In the event the CITY is unable to purchase any portion of the New Right -Of -Way in fee simple on a voluntary basis, the CITY shall commence eminent domain proceedings pursuant to Article 1105c, sec. 14. Upon request of the CITY the RAILROAD will, at no cost to the RAILROAD, cooperate with the CITY and will join in any eminent domain proceeding. Q. In addition to acquiring the real estate comprising the New Right -Of -Way, the CITY shall secure all necessary and appropriate utility easements and provide all electrical utility hook-ups and/or tie-ins as are necessary and appropriate for the operation of a railroad by the RAILROAD on, over and across the New Right -Of -Way and at the intersection of the New Right - Of -Way with RAILROAD's existing right-of-way and the new intersection with AT&SF, and shall secure all additional necessary and appropriate utility hook-ups and/or tie-ins as are deemed appropriate by the engineering studies called for under Article 2. R. (a) The CITY shall cause each contractor, materialman and any other person or entity, excluding the STATE and all professional design and .engineering consultants, directly performing work under contract with the CITY in connection with the construction of the New Right - Of -Way and New Facilities to warrant, for the benefit of the CITY and the RAILROAD, as a third -party beneficiary: (i) that the work, services and/or materials performed and/or provided by that person or entity are in full compliance and conformance with any and all of the CITY's plans, terms, conditions, designs, specifications and requirements applicable to said work, services and/or materials; (ii) that the work, services and/or materials performed and/or provided by that person or entity are free from material defects; and (iii) that all construction and/or installations by that person or entity are performed in a good and workmanlike manner and are in good working order. Said warranties shall be limited in time and shall only extend for a period of two (2) years from the Conveyance Date; and the breach of said warranties shall require the said contractor, materialman and other person or entity, at his or its cost, to promptly repair and/or replace the condition resulting in the breach. (b) The j4;ITY shall cause such consultant, contractor, materialman and any other person or entity, excluding the STATE and all professional design and engineering consultants, directly performing work under contract with the CITY in connection with the construction of the New Right -Of -Way and New Facilities to indemnify and hold the CITY and the RAILROAD, as a third -party beneficiary, harmless from and against any claim, cost, expense, damage, liability, loss or deficiency suffered or incurred by the CITY or the RAILROAD (including, without limitation, reasonable attorneys' fees and other reasonable costs and expenses incident to any suit, action or proceeding) arising out of or resulting from the breach of the warranties set forth in sub- paragraph R.(a) of this Article. (c) The CITY shall cause all professional design and engineering consultants, contractors, materialmen and any other person or entity, excluding the STATE, directly performing work under contract with the CITY in connection with the design and construction of the New Right -Of -Way and New Facilities to indemnify and hold the CITY and the RAILROAD, as a third -party beneficiary, harmless from and against any claim, cost, expense, damage, liability, loss or deficiency suffered or incurred by the CITY or the RAILROAD (including, without limitation, reasonable attorney's fees and other reasonable costs and expenses incident to any suit, action or proceeding) arising out of or resulting from any negligent act, error or omission by said professional design and engineering consultant, contractor, materialman and other person or entity and any negligent act, error or omission of their agents, employees, contractors or officers. (d) The CITY shall cause each "prime contractor", as defined in Article 5160, Vernon's Annotated Civil Statutes, under contract with the CITY in connection with the design and construction of the New Right -Of - Way and the New Facilities to provide a bond or bonds as are required under Article 5160, Vernon's Annotated Civil Statutes. 11 (e) The CITY shall cause each professional design and engineering consultant,. contractor, materialman and other person or entity, excluding the STATE, directly performing work under contract with the CITY in connection with the design and construction of the New Right -Of -Way and New Facilities to obtain and have in full force for the entire term of the contract a policy or policies of insurance as reasonably required by the CITY and RAILROAD so that the CITY and RAILROAD are fully protected and indemnified from liability and claims for damages or loss to property, including the CITY's and RAILROAD's property, and the loss of use thereof, pe rsonal injury, bodily injury, including death, and such other risks as the CITY and RAILROAD shall reasonably require. The said person or entity shall obtain and maintain insurance coverage in companies satisfactory to the CITY and RAILROAD and in such amounts as are customarily required for like contracts for Workmen's Compensation, Employer's Liability, Comprehensive Primary General Liability, Comprehensive Automobile Liability, errors and omissions, and such other types and coverages as may be requested by the CITY and RAILROAD. Before commencement of any work, said entity or person shall provide the CITY with a certificate or certificates of insurance evidencing the existence of said policy or policies of insurance, and showing the CITY and the RAILROAD as additional insureds thereunder. (f) All contracts between the CITY and said professional design and engineering consultants, contractors, materialmen and other persons or entities, excluding the STATE, shall expressly identify and designate the RAILROAD as a third -party beneficiary of the aforesaid warranties and indemnities. The RAILROAD shall have the right to approve the CITY's contracts with the professional design and engineering consultants, contractors, materialmen and other persons or entities in connection with the design and construction of the New Right -Of -Way and New Facilities. All bid specifications in connection with the design and construction of the New Right -Of -Way and New Facilities shall advise the bidders that: (i).the successful bidder must satisfy the RAILROAD as to the bidder's ability to perform the work and meet all contractual obligations set forth in the contract to be executed; and (ii) the RAILROAD shall be required to approve the contract as to form prior to execution. ARTICLE !3'." -conveyance. (a) Promptly and the RAILROAD's acceptance of the payment to the RAILROAD of all s satisfaction of all other conditions Agreement, the RAILROAD will convey 12 after the CITY's completion New Facilities, the CITY's ums agreed to herein,' and precedent set forth in this to the STATE, by quit -claim deed, the RAILROAD's right, title and interest in the Old Right - Of -Way. The CITY and the RAILROAD hereby agree, and the CITY hereby acknowledges the conveyance of the Old Right -Of -Way "AS IS", with any and all defects of any kind and nature, including, without limitation, title defects and all environmental defects, known or unknown. Concurrently with RAILROAD's conveyance of the Old Right -Of -Way to the STATE, the RAILROAD will convey to the STATE "AS IS and WHERE IS", any and all personalty associated with the Old Right -Of -Way, including but not limited to, all rails, ties, tie plates, spikes, switches, gates, lights, trackage and appurtenances (the "Old Facilities"), but specifically excluding any or all of such personalty which the RAILROAD designates t*t will salvage pursuant to Article S of this Agreement. (b) Concurrently. with the RAILROAD's conveyances to the STATE, the CITY will convey to the RAILROAD, by recordable warranty deed, good and indefeasible fee simple title to the New Right -Of - Way, subject only to the Permitted Exceptions. The CITY will also convey to the RAILROAD, by good and merchantable Hill of Sale, all right, title and interest of the CITY in and to the New Facilities, free and clear of any and all claims and liens. Notwithstanding anything herein to the contrary, if on the Conveyance Date the CITY has possession but does not have fee simple title to one or more parcels in the New Right -Of -Way as a result of ongoing eminent domain proceedings, the CITY shall transfer possession of said parcel or parcels to the RAILROAD on the Conveyance Date and shall, upon the conclusion of said eminent domain proceeding or proceedings, convey to the RAILROAD, by recordable warranty deed, good and indefeasible fee simple title to said parcel or parcels, subject only to the Permitted Exceptions. (c) The date upon which the aforesaid conveyances shall take place will be identified herein as the "Conveyance Date". (d) On the Conveyance Date, there shall be delivered to the RAILROAD an owner's title insurance policy that is consistent with the then most recent commitment for title insurance approved by the RAILROAD, showing title to the New Right -Of -Way in the RAILROAD, subject only to the Permitted Exceptions. ARTICLE 4. Additional Consideration. As and for additional consideration for RAILROAD's agreement to convey the Old Right - Of -Way and relocate its operations to the New Right -Of -Way as set forth above, the CITY hereby agrees to pay the RAILROAD, on the Conveyance Date, an amount equal to the difference between the Agreed Value of the Old Right -Of -Way (as hereinafter defined) and the Agreed Value of the New Right -Of -Way (as hereinafter defined). a. For purposes of this Agreement, the New Right -0f -Way" shall be amount paid by the CITY to third 13 the "Agreed Value of equal to the actual party property owners a b. to acquire the parcels comprising the New Right -Of -Way, less the fair market value of any improvements removed from the New Right -of -Way to make way for the New Facilities. The CITY will in good faith use its best efforts to acquire the New Right -Of -Way for the least amount of money. For purposes of this Agreement, the "Agreed Value of the Old Right -Of -Way" shall be an amount mutually agreed upon by the CITY and the RAILROAD or, if mutual agreement cannot be reached, an amount determined as follows: (i) The CITY shall cause to be retained a mutually Agreed upon registered K.A.I. appraiser with at least five years experience appraising like properties (the "First Appraiser") to determine a fair market value of the highest and best use of the Old Right -Of -Way and to determine all damages and all enhancements to the remainder of the RAILROAD's property and operations. If the determination by the First Appraiser is mutually acceptable to the parties, the determination will become the "Agreed Value of the Old Right -Of -Way. (ii) If the determination by the First Appraiser is not mutually acceptable to the parties, then the CITY shall cause to be retained a second mutually agreed-upon, registered K.A.I. appraiser with at least five years experience appraising like properties (the "Second Appraiser") to determine a fair market value of the highest and best use of the Old Right -Of -Way and to determine the damages and enhancements to the remainder of the RAILROAD's property and operations. If the Second Appraiser is retained and if the determination by the Second Appraiser is mutually acceptable to the parties, the determination will become the "Agreed Value of the Old Right -Of -Way". (iii) If the determination by the Second Appraiser is not mutually acceptable to the parties, then the CITY will cause to be instituted eminent domain proceedings for a determination of damages for the Old Right -Of -Way. The determination of damages contained in a final, non -appealable order entered in the eminent domain proceeding, or at any earlier stage as mutually agreed by the parties, shall be accepted by the parties as the "Agreed Value of the Old Right -Of -Way" and, thereafter, the parties hereby agree to cause the eminent domain proceedings to be dismissed. Notwithstanding the institution of eminent domain proceedings hereunder, all other terms, conditions, covenants and agreements in this Agreement shall remain in full force and effect. The RAILROAD shall incur no costs or expenses in connection with the appraisals provided for herein, and all fees, costs and expenses (including reasonable attorneys' fees) incurred by the RAILROAD in connection with the eminent domain proceeding shall be paid by the CITY. I P2 Vf7 - ,/ 14PA/ C. The First Appraiser and the Second Appraiser shall, in determining the fair market value of the highest and best use of the Old Right -Of -Way and in determining the damages and enhancements to the remainder of the RAILROAD's property and operations, to the extent they are in accordance with the provisions of Article 1105c Vernons Annotated Civil Statutes, take into account the following items: (i) the lease revenue and all other revenues generated by the property and the loss of that revenue as a result of the relocation; (ii) the customers, shippers and shipments that may be lost as a result of the relocation; (iii) the impact and cost of increasedjor decreased operating costs and expenses as a result of the relocation; and (iv) the impact and effect on the value of the remainder of the RAILROAD's remaining right-of-way east of the Old Right -of -Way. The foregoing items are not exclusive, and the First Appraiser and Second Appraiser shall take into account any and all additional facts and circumstances which will enable the appraiser to determine the fair market value of the highest and best use of the Old Right -Of - Way and to determine all damages and all enhancements to the remainder of the RAILROAD's property and operations. ARTICLE 5. Prorations. General real estate taxes and any special assessments ("Taxes") for the year in which the Conveyance Date occurs shall be prorated as of the Conveyance Date. Taxes shall be prorated based upon 100% of the most recent ascertainable tax bill. ARTICLE 6. Relocation Assistance. The CITY in cooperation with the STATE will provide relocation assistance to the RAILROAD as may be determined to be eligible under the State of Texas Relocation Assistance Program. ARTICLE 7. CITY Recommendations. The CITY will, at its expense, and as additional consideration for the agreements of the RAILROAD set forth herein, study and make recommendations to the RAILROAD regarding the optimum location for a "piggy back" facility, a parking lot for an excursion train, and a possible maintenance facility for the RAILROAD. ARTICLE S. RAILROAD's Salvage Rights. The RAILROAD may, at its option, salvage any of the Old Facilities. The salvage operations, if undertaken, will be performed by the RAILROAD at no cost to the CITY. Prior to undertaking the appraisals called for in Article 4 hereof, the RAILROAD will notify the CITY as to what, if any, of the Old Facilities will be salvaged. Since the salvage operations cannot take place until after the Conveyance Date, the RAILROAD will cooperate with the CITY to schedule the salvage operations so as not to unreasonably interfere with the construction of the East-West Freeway, and, barring unforeseen .r 15 circumstances, shall cause the salvage operation to be completed within 120 days from the Conveyance Date. ARTICLE 9. Possession. The CITY hereby agrees to deliver possession of the New Right -Of -Way to the RAILROAD on the Conveyance Date. Immediately following the Conveyance Date, the RAILROAD shall commence the relocation of its RAILROAD operations from the Old Right -Of -Way to the New Right -Of -Way, provided, however, that the RAILROAD shall be entitled to remain on the Old Right -Of -Way for the purpose of salvaging the Old Facilities as provided in Article 8, above. ARTICLE 10. Representations of the CITY. The CITY represents and warrants to the RAILROAD, its successors and assigns, the following: a. The CITY is a municipal corporation and has full power and the authority to enter into this Agreement and to perform all of the covenants, agreements and obligations of the CITY hereunder; b. The New Facilities to be conveyed pursuant to the terms of this Agreement will be constructed in good and workmanlike manner and will be in good working order on the Conveyance Date. If any of the New Facilities are not in good working order, for a period of two (2) years from the Conveyance Date, then CITY and RAILROAD shall, at no cost to the RAILROAD, jointly pursue any contractor, engineer, materialman and other person or entity who provided the non -conforming work or materials under the warranties heretofore set forth in Article 2, Paragraph R. C. The agreement by and between the CITY and the STATE dated February 12, 1991 relating to the respective responsibilities of each of them for the relocation of the RAILROAD in furtherance of construction of the East-West Freeway (a true and correct copy of which is attached hereto as Exhibit B) is in full force and effect, and has not been amended since the date thereof. The CITY further represents and warrants that neither it nor the STATE is in default of the aforesaid agreement and, in the event of any default by either party thereunder, the CITY shall notify the RAILROAD, in writing, promptly upon the occurrence of such default. ARTICLE il. Default. If either party shall default in the performance of any of the provisions hereof, and said default shall remain uncured for twenty (20) days after the non - defaulting party shall have mailed written notice to the defaulting party specifying the default and demanding the same to be remedied, then the non -defaulting party may, at its option, do one or both of the following: (i) suspend any further s 3 performance by it under this agreement, (ii) proceed by appropriate court action to enforce performance by the defaulting party or to recover damages for breach of contract, or both. The foregoing remedies are not exclusive but are cumulative and are in addition to any and all other remedies the nondefaulting party may then and there have at law or in equity. If either party commences an action against the other to enforce any of the terms of this agreement or because of the breach of either party of any of the terms of this agreement, then the prevailing party after final judgment shall be paid its attorneys' fees, costs and expenses incurred in connection with the prosecution or defense of such action. i�� ARTICLE 12. Survival of Representations and WaThe representations and warranties made in this Agreement by either Party to the other shall be deemed to be remade on the Conveyance Date and shall be true and correct in all material respects at such time. No representation or warranty made or provided in this Agreement shall be deemed to be merged in any closing or conveyance document unless expressly otherwise agreed to in writing. Notwithstanding anything contained in this Article, all representations and warranties by the CITY shall be limited in time to two (2) years from the Conveyance Date. ARTICLE 13. miscellaneous. (a) The RAILROAD hereby agrees to make available to the CITY, upon request of the CITY and at no expense to the RAILROAD, all records and other information deemed necessary by the CITY to assess the impact of the relocation�- This assessment will be made available to the RAILROAD upon request. The RAILROAD will grant permission to the CITY or its agents to enter upon the Old Right -of -Way for the purposes of surveying, testing and other similar activities, provided these activities do not unreasonably interfere with the operation of the RAILROAD. Any records or other information made available to the CITY pursuant to this sub -paragraph which is designated by the RAILROAD as confidential business information shall be maintained by the CITY in strict confidence and shall not be copied, disclosed to any other person or used in any manner except as is necessary for the CITY to assess the impact of the relocation. All such confidential information and records shall be returned to the RAILROAD on the Conveyance Date. (b) Changes in the time frame, character,' cost or obligations authorized herein shall be enacted by written amendment before additional work may be performed or additional cost incurred. Any amendment to this Agreement must be executed by both parties. (c) The CITY and RAILROAD shall comply with all applicable laws and regulations, and the orders and final decrees of any court of final jurisdiction in any manner affecting the performance of this Agreement. (d) The CITY and the RAILROAD, respectively, bind themselves, their successors, assigns and legal representatives to the other 17 } J party to this Agreement and the successors, assigns and legal representatives of such other party with respect to all covenants and provisions of this Agreement. (e) In case one or more of the provisions contained in this agreement shall for any reason be held invalid, illegal, or unenforceable in any respect, such invalidity, illegality, or unenforceable provision thereof and this Agreement shall be construed as if such invalid, illegal, or unenforceable provision has never been contained herein. (f) This Agreement contains the entire understanding between the parties hereto and typo modifications of this Agreement shall be valid until it is agreed upon by the CITY and the RAILROAD in writing. (g) This Agreement constitutes the sole and only agreement of the parties thereto and supersedes any prior understanding or written or oral agreements between the CITY and the RAILROAD respecting the within subject matter. (h) This Agreement shall be governed, construed and enforced in accordance with the laws of the State of Texas. (i) This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original, and all of such counterparts shall together constitute one agreement. (j) In addition to the acts and deeds recited herein and contemplated to be performed, executed and/or delivered by the CITY to the RAILROAD, the CITY and the RAILROAD agree to perform, execute and/or deliver or cause to be performed, executed and/or delivered on the Conveyance Date or prior to or after the Conveyance Date, as the case may be, any and all further acts, deeds and assurances as may be reasonably necessary to consummate the transactions contemplated hereby. (k) Any notice which a party may be required or may desire to give hereunder shall be deemed to have been given: (i) when delivered, if delivered personally; (ii) three days after deposit in the United States mail, certified or registered with postage prepaid; or (iii) one business day after deposit with a nationally recognized overnight courier, if addressed as follows: If to CITY: City Manager P.O. Box 2000 Lubbock, Texas 79457 or 1625 13th Street Lubbock, Texas 79401 f� O, If to RAILROAD: c/o Temco Corporation 100 E. Scranton Avenue Lake Bluff, Illinois 60044 Attention: Gary W. Leydig, General Counsel or to such other address as a party may have furnished to the other party, in writing. (1) All approvals required by any party in this Agreement shall not be unreasonably withheld. IN WITNESS WiHEREOF,,j the CITY and RAILROAD have executed this Agreement on the day and year above indicated. SEAGRAVES, WHITEFACE AND CITY OF LUBBOCK LUBBOCK RAILROAD By By • ,Q s Chairman A the Board B. C. Mcklrdi, Mayor ATTEST: By: / "IIJ7 ,4 SSf rTAOi T Secretary ATTEST: tte Boyd, Cit Se etary PROVED AS TO CONTENT: By: Ja s E. Bertram, Asis nt City Manager for velopment Services APPROVED AS TO FORM: By: om' worth Fullingim ssistant City Attorney 19 ION _ OXY Resolution No. 20 0-80186 ........ ] EXHIBIT A ..................... 11N .2 i �} r •V ..,:<-:{:ii`?i::::'ti::ii:::?-i`:i:[viii:{:ii}ii$:ii:: {:}:�:: .w �� •j ~;iii :;.iv tiJ:�v• :?}.:{..: :;?:i}',i`i ':: }ii;:i :}}$ii}ii:•:•ii::i:i:i C: {: (j;?i: '1 4 i t Y ly 2E9 w O r.................. ............ i i • a 3 7 b4`T' - ~��3 L _.- — 9 — G T• • r .T:-. �..� :1 1- �':•::.'}:?-ii:?:::i moi: :::{:7::$•:;::.`{<i{C -- T _.G w- ' 1 1 •r I 1 4 —.• IL -i 1- . 7' — _ T ` .f Ell — I r. r� J r _ � J I 1- r• G I i 289 r .p I - 1• n n �T 1 rAA 13EA FO "' r L WOLFFORTH e OLD RIGHT—OF— AY C. — —,; IL —._._.. � S�eoo.a EXHIBIT Resolution N0. 2000—RO186 I FIRST AMENDMENT TO THE "AGREEMENT FOR THE RELOCAVOIT� OF A PORTION OF THE SEAGRAVES, WHITEFACE AND LUBBOCK RAILROAD FOR CONSTRUCTION OF A CONTROLLED ACCESS HIGHWAY FACILITY IN THE CITY OF LUBBOCK, TEXAS" This amendment agreement is entered into by and between the West Texas and Lubbock Railroad Company, Inc., a Texas Corporation, hereinafter called "RAILROAD" and the City of Lubbock, Texas, hereinafter called "CITY" to be effective on the date last executed. WITNESSETH WHEREAS, the City and Seagraves, Whiteface and Lubbock Railroad Corporation entered into an Agreement dated March 8, 1991, for the purpose of relocating the Seagraves, Whiteface and Lubbock Railroad for construction of a controlled access highway facility in the City of Lubbock; and WHEREAS, the City and the Railroad have agreed to modify the agreement to clarify current ownership of the railroad and to reflect other agreements regarding the construction of the New Facility and the conveyance of the Old Right -of -Way; NOW, THEREFORE, in consideration of the promises and of the mutual covenants and agreements of the parties hereto, the parties agree to the following amendments to the March 8, 1991, agreement: 1. Since the date of the agreement herein referenced, ownership of the Seagraves, Whiteface, and Lubbock Railroad Corporation has changed and the railroad is now owned and operated by the West Texas and Lubbock Railroad Company, Inc. All references in said agreement to the Seagraves, Whiteface and Lubbock Railroad Corporation shall be amended to read West Texas and Lubbock Railroad Company, Inc.; and 2. Article 2 introductory paragraph is deleted and replaced by the following paragraph: "ARTICLE 2. Responsibilities of CITY and RAILROAD in effecting the relocation of the RAILROAD's operations from the Old Right -of -Way to the New Right -of -Way including plans, specifications and construction of the New Facilities (as hereinafter defined):" Amendment to Agreement for Railroad Relocation Page 1 3. Article 2, sub -paragraph D, Section (vi) is deleted and replaced by the following paragraph: "(vi) one rail siting, at approximately the location of the switches identified in (v) above, containing storage capabilities of at least forty (40) railcars;" 4 Article 2, sub -paragraph K is amended as follows: "K. The City will, at no expense to the Railroad, obtain the approval of the Interstate Commerce Commission, the Texas Railroad Commission, the Surface Transportation Board and any other necessary governmental body for the Railroad to abandon the Old Right -of -Way and relocate and continue its operations over and upon the New Right -of -Way. (Remainder of sub -paragraph K is unchanged)." 5. Article 2, sub -paragraph S, is added to read as follows: "S. The City will, at its own expense, resurface the track of the existing railroad mainline (Levelland) between the south terminal from approximately the intersection of Upland Street northwestward approximately 13,200 feet to the proposed "Y" connection. (i). `Resurfacing' shall include the following services a. Surveying existing alignment to determine both horizontal and vertical placement; and b. Reviewing existing horizontal and vertical alignment to incorporate modifications to allow upgrade to 40 mph; and c. Developing plan, profile, and summary of work to include 1) Replacement of defective crossties and tie spikes not to exceed 33% (with all defective crossties to be removed being marked by a Railroad representative), but reusing existing tie plate and anchors; and 2) Cleaning of crib between all ties to allow placement of ballast; and 3) Placement of minimum of six (6) inches of ballast under tie throughout. # d. Providing smooth transitions at proposed yard and "Y" locations; and e. Construction observation during removal and installation of specified times. Amendment to Agreement for Railroad Relocation Page 2 (ii). `Resurfacing' shall not include the following services a. Modification or replacement of at -grade crossings; or b. Modifications or replacement of at -grade signal systems and protection equipment. No attempt will be made to update existing signal system to 40 mph design speed; or c. Replacement of the rail or guard rail; or d. Replacement of turnouts; or e. Rail grinding or other alteration of the existing rail; or f. Modification or reconstruction of subgrade or subballast; or g. Modification or reconstruction of drainage or drainage structures." 6. Article 2, sub -paragraph L is deleted and replaced by the following section: "L. The RAILROAD shall secure an agreement from the BNSF (formerly AT&SF) allowing the RAILROAD to connect with the BNSF at the new track intersection northwest of Loop 289 and shall gain track rights from BNSF from this connection to the downtown yard (`BNSF Agreement"). Said BNSF Agreement shall ensure the RAILROAD's ability to connect with BNSF with at least the same frequency as now occurs in connection with the Old Right -Of -Way and shall otherwise be satisfactory to the RAILROAD in all respects. Written confirmation of said BNSF Agreement, signed by both parties shall be a condition precedent to conveyance of the New Facility. RAILROAD shall, prior to incurring any expenses under this sub -paragraph,. submit to the CITY for its approval a schedule or schedules identifying the rates for all professionals and personnel to be retained or used by the RAILROAD in the exercise of its rights granted in this sub -paragraph. Said schedule or schedules shall to the extent possible, also identify the range of costs that may be incurred by the RAILROAD. Said schedule or schedules may be disapproved by the CITY only if they are unreasonable, and approval by the CITY may not be unreasonably withheld or delayed. All reasonable fees, costs and expenses incurred by the RAILROAD in connection with the exercise of the rights granted it in this sub -paragraph and which are in conformance with the schedule or schedules previously approved by the CITY shall, upon monthly submission of a detailed invoice to the CITY and upon the CITY's approval thereof, be promptly paid by the CITY, and such approval shall not be unreasonably withheld or delayed." Amendment to Agreement for Railroad Relocation Page 3 7. Article 2, subparagraph N is deleted and replaced by the following section: "N. Upon completion of the New Facilities, the CITY shall provide the RAILROAD with an American Land Title Association ("A.L.T.A.") Survey, or its equivalent, of the New Right -of -Way, certified to the RAILROAD and prepared by a registered Texas land surveyor, showing all improvements, the New Facilities, lot lines, utility easements, roads and showing no encroachments. RAILROAD agrees that the CITY's provision of both Final Right -of -Way Maps for the New Right of Way and `As Built' Construction Plans for the New Facilities will be deemed equivalent to an A.L.T.A. survey for the purposes of this section." 8. Article 3, Conveyance. is deleted and replaced by the following article: "Article 3. Conveyance. (a) Promptly after the CITY'S payment to the RAILROAD of all sums agreed to in the `Agreement Between West Texas and Lubbock Railroad Company, Inc. and the City of Lubbock Regarding Conveyance of a Portion of the Railroad Right of Way to the State of Texas for Highway Construction' (`Conveyance Agreement') executed simultaneously herewith, and satisfaction of all other conditions precedent set forth in said agreement, the RAILROAD will convey to the STATE, by quit -claim deed (in the form attached hereto as Exhibit `B" and made a part hereof for all purposes) the RAILROAD's right, title and interest in the Old Right -of -Way. The CITY, the STATE and the RAILROAD hereby agree, and the CITY and STATE hereby acknowledge the conveyance of the Old Right -of -Way `AS IS', with any and all defects of any kind and nature, including, without limitation, title defects of any kind and nature, including, without limitation, title defects and all environmental defects, known or unknown. Concurrently with RAILROAD's conveyance of the Old Right—of-Way to the State, the RAILROAD will convey to the State by Assignment and Bill of Sale (in the form attached hereto as Exhibits "C" and "D" and made a part hereof for all purposes), `AS IS and WHERE IS' any and all personalty associated with the Old Right -of -Way, including but not limited to, all rails, ties, tie plates. spikes, switches, gates, lights, trackage and appurtenances (the `Old Facilities'), but specifically excluding the following personalty which the RAILROAD has designated that it will salvage pursuant to Article 8 of this Agreement: all metal track materials including but not limited to rails, tie plates, spikes, switches, gateg, lights, signals, connectors, crossings, trackage and appurtenant facilities. Amendment to Agreement for Railroad Relocation Page 4 Promptly after the CITY's completion and the RAILROAD's acceptance of the New Facilities, the CITY will convey to the RAILROAD, by recordable warranty deed, good and indefeasible fee simple title to the New Right -of -Way, subject only to the Permitted Exceptions. The CITY will also convey to the RAILROAD, by good and merchantable Bill of Sale, all right, title and interest of the CITY in and to the New Facilities, free and clear of any and all claims and liens. Notwithstanding anything herein to the contrary, if on the Conveyance Date the CITY has possession but does not have fee simple title to one or more parcels in the New Right—of-Way as a result of ongoing eminent domain proceedings, the CITY shall transfer possession of said parcel or parcels to the RAILROAD on the Conveyance Date and shall, upon the conclusion of said eminent domain proceeding or proceedings, convey to the RAILROAD, by recordable warranty deed, good and indefeasible fee simple title to said parcel or parcels, subject only to the Permitted Exceptions. (b) The date upon which the aforesaid conveyance from the CITY to the RAILROAD shall take place will be identified herein as the `Conveyance Date.' (c) On the Conveyance Date, there shall be delivered to the RAILROAD an owner's title insurance policy that is consistent with the then most recent commitment for title insurance approved by the RAILROAD, showing title to the New Right -of -Way in the RAILROAD, subject only to the Permitted Exceptions." 9. Article 4. Additional Consideration, is deleted and replaced by the following article: "Article 4. Additional Consideration. As and for additional consideration for RAILROAD's agreement to convey; the Old Right -of -Way and relocate its operations to the New Right—of-Way as set forth above, the CITY hereby agrees to pay the RAILROAD, on the date RAILROAD conveys the Old Right -of -Way to the STATE, an amount equal to the difference between the Agreed Value of the Old Right -of -Way (as hereinafter defined) and the Agreed Value of the New Right -of -Way (as hereinafter defined), in accordance with the terms of the Conveyance Agreement executed simultaneously herewith. i a. For purposes of this Agreement, the `Agreed Value of the New Right - of -Way' shall be three hundred fifty thousand dollars ($350,000.00). b. For purposes of this Agreement, the `Agreed Value of the Old Right - of -Way' shall be nine million, six hundred fifteen thousand dollars ($9,615,000.00)." Amendment to Agreement for Railroad Relocation Page 5 10. Article 8. RAILROAD's Salvage Rights. Is deleted and replaced by the following article: "Article 8. RAILROAD's Salvage Rights. The RAILROAD may, at its option, salvage that portion of the "Old Facilities" identified in Article 3 (a) as designated for salvage ("Salvage Rights"). The salvage operations, if undertaken, will be performed by the RAILROAD at no cost to the CITY. CITY will notify RAILROAD approximately sixty (60) days prior to the anticipated completion date of the New Facilities. Since the salvage operations cannot take place until after the Conveyance Date, the RAILROAD will cooperate with the CITY and STATE to schedule the salvage operations so as not to unreasonably interfere with the construction of the East-West Freeway, and barring unforeseen circumstances, shall cause the salvage operation to be completed within 90 days from the Conveyance Date. IN the event the Railroad assigns other rights set out in the Relocation Agreement and/or this Amendment, the Salvage Rights will remain the sole and exclusive right of the West Texas and Lubbock Railroad Company, Inc." 11. Article 10, subsection c, is deleted and replaced by the following section: "c. The agreement by and between the CITY and the STATE dated February 12, 1991, relating to the respective responsibilities of each of them for the relocation of the RAILROAD in furtherance of construction of the East-West Freeway is in full force and effect, as amended by the Modification Agreement dated June 5, 1991, the Second Modification Agreement dated May 30, 1997. True copies of each Modification Agreement are attached hereto as Exhibits C and D. The CITY further represents and warrants that neither it nor the STATE is in default of the aforesaid agreements at this time, and in the event of any default by either party thereunder, the CITY shall notify the RAILROAD, in writing, promptly upon the occurrence of such default." IT IS FURTHER AGREED by and between the parties hereto that the Agreement referenced herein, except as modified by this Agreement, shall remain in all respects as originally written and shall continue to be effective as of the dates of the respective Agreements. Amendment to Agreement for Railroad Relocation Page 6 IN TESTIMONY WHEREOF, the Railroad and the City have executed duplicate counterparts of this agreement on the dates indicated. CITY OF LUBBOCK WEST TEXAS & LUBBOCK RAILROAD COMPANY, INC. By: By: /1 Date:' —'`7 Date: ATTEST: , A4A.'"o "�,- Kaylbfe Darnell, City'Secre *" AP OVED AS TO CONTENT: Richard Burdine, Assistant City Manager APPROVED AS TO FORM: Linda Chamales, Supervising Attorney APPROVED AS TO CONTENT EXECUTI I RECOMMENDED: Carl R tley, P.E. District Engi er State of Texas Department of Transportation ,r Date: oQ LC: 11929 — RR -Amendment Amendment to Agreement for Railroad Relocation Page 7 I�V.JVIJL1Vl ..V. JJ.�I • Resolution No. 2000—RO186 January 24, 1991 Item # EXHIBIT b JWF:da RESOLUTION BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Mayor of the City of Lubbock BE and is hereby authorized and directed to execute for and on behalf of the City of Lubbock an agreement i entitled "Agreemer for the relocation of a portion of the Seagraves, Whiteface, and Lubbock Railroad for construction of a controlled access highway facility in the City of Lubbock, Texas," said agreement to be entered into by and between the City of Lubbock and the Texas State Department of Highways and Public Transportation, attached herewith, which shall be spread upon the minutes of the Council and as spread upon the minutes of this Council shall constitute and be a part of this Resolution as if fully copied herein in detail. Passed by the City Council this 24th day of January 1991. ATTEST: 4Rane Soyd, City Secretary APPROVED AS TO CONTENT: James E. Bertram, Assistant City Manag.v for Development Services APPROVED AS TO FORM: c J. r h Fullingim, Assistant CitA Attorney B. C. MCMINN, MAYOR ... STATE OF TEXAS COUNTY OF TRAVIS ne5U.LUL1U11 l40. »L/ AGREEMENT FOR THE RELOCATION OF A PORTION OF THE SEAGRAVES, WHITEFACE, AND LUBBOCK RAILROAD FOR CONSTRUCTION OF A CONTROLLED ACCESS HIGHWAY FACILITY IN THE CITY OF LUBBOCK, TEXAS foe This agreement is entered into by and between the State of Texas, acting by and through the State Department of Highways and Public Transportation, hereinafter called the State, pursuant to Minute Order Number 88793, dated May 24, 1989, and the City of Lubbock, acting by and through its duly authorized official pursuant to Resolution Number 3173, dated August 10, 1989, hereinafter called the City, to be effective on the date last executed. WITNESSETH WHEREAS, the State and City have, for the purpose of decreasing hazards to life and property, promoting public safety, improving traffic conditions, and encouraging the City's orderly development, deemed it necessary to construct a controlled access highway facility in the City as a part of the State Highway System, and to be known as the East-West Freeway for the purposes of this agreement; and WHEREAS, in LUBBOCK COUNTY, the State owns, operates and maintains U. S. Highway 82 as a part of its State Highway System; and WHEREAS, the State and City have, for the purposes of decreasing hazards to life and property, promoting public safety, improving traffic conditions, and encouraging orderly development of the City, deemed it necessary to improve a 6.8 mile segment of said East-West Freeway, extending from South Loop 289 (SW), northeasterly and thence easterly to a crossing with Interstate Highway 27; and WHEREAS, the recommended design and alignment of the improved facility will necessitate the acquisition of a portion of the right of way and the relocation of related trackage and facilities, hereinafter called the Relocation, of the Seagraves, Whiteface, and Lubbock Railroad, hereinafter called the Railroad, which is owned and operated by the Seagraves, Whiteface, and Lubbock Railroad Corporation; and WHEREAS, the State and the City have agreed upon the respective responsibilities of each for the Relocation in furtherance of construction of the East-West Freeway, and desire to enter an appropriate agreement for such purposes pursuant to Texas Civil Statutes Article 6673b; AGREEMENT NOW, THEREFORE, in consideration of the premises and of the mutual convenants and agreements of the parties hereto, to be by them respectively kept and performed as hereinafter set forth, it is agreed as follows: ARTICLE 1. The City will effect the Relocation from the present track alignment proximal to the U. S. Highway 82 corridor between a point southwest of the crossing with Loop 289 (SW) and just east of University Avenue, to a new alignment yet to be determined between West Loop 289 and Reese Air Force Base, con�Rpcting with existing tracts along the U. S. Highway 82 corridor southwest of Loop 289, and with those tracks along the U. S. Highway 84 corridor northwest of Loop 289, together with such other trackage connections as may be required. ARTICLE 2. The City will perform all engineering services necessary to research, investigate, and analyze alternative routes for the Relocation. ARTICLE 3. The City will prepare environmental studies for the Relocation in a form suitable for inclusion with the State's environmental studies for the East-West Freeway, and will provide for the State's formal review of those Relocation studies. ARTICLE 4. The City will conduct appropriate public involvement and perform/prepare drainage analysis, survey, design, construction plans and specifications, and right of way maps for the Relocation. The plans, specifications and cost estimates for the Relocation will be submitted to the State for review and comment. ARTICLE 5. The City, in accordance with applicable Federal and State laws and policies governing the acquisition of real property, will acquire all right of way for the new railroad alignment and will adjust all eligible utilities for the new railroad alignment necessary for the Relocation. ARTICLE 6. The City will provide construction administration for and will inspect construction of the relocated Railroad facilities. ARTICLE 7. The City will effect conveyance or cause to be conveyed to the State all of the title and interest owned by the Seagraves, Whiteface, and Lubbock Railroad Corporation on and along the existing Railroad right of way from the new railroad alignment to just east of University Avenue. Conveyance shall be free and clear of all encumbrances. ARTICLE 8. The State will provide relocation assistance as may be determined to be eligible under its Relocation Assistance Program. ARTICLE 9. The State will provide the lesser of ninety (90%) percent or $10,800, 000.00 of the eligible costs incurred by the City in effecting the Relocation. Reimbursement to the City shall be requested in accordance with the State's standard billing procedures with reimbursements being requested no more than once per month. "Eligible costs" are those that the State normally recognizes in railroad adjustments undertaken by the State pursuant to applicable Federal and State laws and policies. The sum of $10,800,000.00 represents ninety (90%) percent of the currently estimated eligible costs of the Relocation. In the event that actual eligible costs exceed estimated eligible costs, the State will consider amending this agreement to provide for appropriate increase in State funding as may be feasible within the State's budgetary constraints and other commitments. ARTICLE 10. Upon completion of the respective responsibilities and duties by the City, it will furnish the State a final audit of all costs associated with the Relocation, and such other information or records as the State may require for cost verificatlon. In addition, the State reserves the right to audit costs billed to the State by the City to determine eligibility as provided in Article 9 of this agreement. ARTICLE 11. This agreement may be terminated by any of the following conditions: A. By mutual consent of both parties. B. By either party, upon the failure of the other party to fulfill its responsibilities and obligations as set forth in this agreement. C. By satisfactory completion and acceptance of all services and obligations described herein. The termination of this agreement shall extinguish all rights, duties, obligations and liabilities of the State and the City under this agreement. If the termination is due to the failure of the City to fulfill its contractual obligations, the State will notify the City that possible breach of contract has occurred. Within thirty (30) days from the State's written notification, the City must remedy the breach as outlined by the State. In the event the City does not remedy the breach to the satisfaction of the State, the State may terminate this agreement or suspend performance thereunder and the parties shall conclude their activities relating to the Relocation and proceed to a final audit in accordance with Article 10. If the termination is due to the failure of the State to fulfill its contractual obligations, the City will notify the State that possible breach of contract has occurred. Within thirty (30) days from the City's written notification, the State must remedy the breach as outlined by the City. In the event the State does not remedy the breach to the satisfaction of the City, the City may terminate this agreement or suspend performance thereunder, and the parties shall conclude their activities relating to the Relocation and proceed to a final audit in accordance with Article 10. ARTICLE 12. Changes in the time frame, character, cost or obligations authorized herein shall be enacted by written amendment before additional work may be performed or additional cost incurred. Any amendment to this agreement must be executed by both parties. ARTICLE 13. The City and State shall comply with all applicable laws and regulations, and the orders and final decrees of any court of final jurisdiction in any manner affecting the performance of this agreement. ARTICLE 14. The State and the City, respectively, bind themselves, their successors, assigns and legal respresentatives to the other party to this agreement and the successors, assigns and legal representatives of such other party with respect to all covenants and provisions of this agreement. ARTICLE 15. To the extent permitted by law, the City shall indemnify and save harmless the State from all claims and liabilities due to activities of itself, its agents, employees, contractors or officers performed under this agreement and which result from an error, omission or negligent act of the City or any person contracted or employed by the City. To the extent permitted by law, the Cit shall also indemnify and save harmless the State from any and all expense, including attorney fees, which might be incurred by the State in litigation or otherwise resisting said claim or liability which might be imposed on the State as the result of such activities of the City, its agents, employees, contractors or officers. ARTICLE 16. In case one or more of the provisions contained in this agreement shall for any reason be held invalid, illegal or unenforceable in any respect, such invalidity, illegality or unenforceable provision thereof and this agreement shall be construed as if such invalid, illegal or unenforceable provision has never been contained herein. ARTICLE 17. This agreement contains the entire understanding between the parties hereto and no modification of this agreement shall be valid until it is agreed upon by the State and the City in writing. ARTICLE 18. This agreement constitutes the sole and only agreement of the parties thereto and supersedes any prior understanding or written or oral agreements between the State and the City respecting the within subject matter. IN TESTIMONY WHEREOF, the State and City have executed duplicate counterparts of this agreement on the dates indicated. - 4 - .► CITY OF LUBBOCK By: 8. C. Mc- inn, Mayor Date: January 24, 1991 ot ATTEST: 4Rane26 Boyd, City Sec toy APPROVED AS TO CONTENT: I James Bertram, Assistant Cit` Ma ager for Development Servic s APPROVED AS TO FORM: i Azat M r d. Porth Fullingim A istant City Attorney THE STATE OF TEXAS Certified as being executed for the purpose and effect of activating and/or carrying out the orders, established policies, or work programs heretofore approved and authorised by the State Highway and Public Transportation Commission under the authority of Minute Order 82513. By: • Gkfy6n Y� P.E. Rig h of ay Engineer 1. [�- I- /0-7 010, / Recommended by: - 5 - William M. Pope, P.E. District Engineer DWM : j s RESOLUTION Item f2U BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Mayor of the City of Lubbock BE and is hereby authorized and directed to execute for and on behalf of the City of Lubbock an Agreement in the form approved by the City's Assistant City Manager for Development Ser- vices and the City Attorney's Office to be entered into by and between said City and the Texas State Department of Highways and Public Transportation, said Agreement amending a previous Agreement concerning railroad relocation in connection with the East-West Freeway construction, attached herewith, which shall be spread upon the minutes of the Council and as spread upon the minutes of this Council shall constitute and be a part of this Resolution as if fully copied herein in detail. Passed by the City Council this 23rd day of May 1991. I' .s ATTEST: r ; anett oy , City ecretary APPROVED AS TO CONTENT: D��.A � - A amertram, Assistant ,ty Mana -for Development Services APPROVED AS TO FORM: 'moi s V`c� ri aT Attorney • Item #20 STATE OF TEXAS § COUNTY OF TRAVIS § MODIFICATION AGREEMENT FOR THE RELOCATION OF A PORTION OF THE SEAGRAVES, WHITEFACE, AND LUBBOCK RAILROAD FOR CONSTRUCTION OF A CONTROLLED ACCESS HIGHWAY FACILITY IN THE CITY OF LUBBOCK, TEXAS M This agreement is entered into by and between the State of Texas, acting by and through the State Department of Highways and Public Transportation, hereinafter called the State, pursuant to Minute Order Number 88793, dated May 24, 1989, and the City of Lubbock, acting by and through its duly authorized official, pur- suant to Resolution No. 3173, dated August 10, 1989, hereinafter called the City, to be effective on the date last executed. WITNESSETH WHEREAS, The State and the City entered into an agreement dated February 12, 1991 for the purpose of relocating the Seagraves, Whiteface and Lubbock Railroad; and WHEREAS, the State and the City have agreed to modify that agreement to more definitely provide for reimbursement of eligible costs and to identify who will perform the various actions deemed necessary to effect the Relocation. AGREEMENT NOW, THEREFORE, in consideration of the premises and of the mutual covenants and agreements of the parties hereto, to be by them respectively kept and performed as hereinafter set forth, it is agreed that the agreement dated February 12, 1991 is modified as follows for the sole purpose of adding Articles 19, 20, 21, 22 and 23 with that agreement in all other respects remaining in effect: .. ARTICLE 19. Eligible Costs. Reimbursement to the City for the cost of the Relocation, as provided in this agreement and the agreement dated March 8, 1991 by and between the City and Railroad, hereinafter called the Railroad Agreement, will be based upon the following documented eligible costs: A.. All documented costs which were paid by the City to others that are determined by the State to be reasonable and necessary in making the Relocation. B. All commitments and agreements to purchase goods or services costing in excess of $2,500dpach will be subject to prior written approval by the State. C. The provisions as specified by Article 2R in the Railroad Agreement are hereby found satisfactory by the State for use in applicable City contracts. D. All approvals by the City to the Railroad for incurring expenses will require the Railroad to furnish and maintain supporting documentation for expenses to be reimbursed, to make available the documentation for audit by the City and/or its agents, and to maintain the documentation for three years following final reimbursement to the Railroad by the City. ARTICLE 20. Engineering and Environmental. It is anticipated that all engi- neering and environmental functions related to the Relocation will be performed by consultants and the Railroad as follows: A. The following are tasks to be performed by consultants: (I) Prepare environmental assessments, with level 1 assessments for hazar- dous materials including participation in public hearings or meetings with the City and/or the State, which are to be coordinated with the State for incorporation in the environmental assessment for the controlled access highway facility. (II) Prepare preliminary location and design for the Relocation including a switch connection proximally east of Reese Air Force Base, a railcar yard containing at least three tracks (each track capable of storing at least forty railcars), and a yard along the Railroad's Whiteface Line suitable for the loading and unloading of aggregate and other commodities, and prepare recommended optimum locations for a piggyback facility, a parking lot for an excursion train and a possible main- tenance facility for the Railroad. (III) Obtain Interstate Commerce Commission approval and any other govern- mental approvals necessary for the Relocation. -2- .. (IIt) Prepare a right-of-way map for right-of-way to be furnished to the Railroad. The map will be prepared following the guidelines for State highway right-of-way projects. Furnish field notes sealed by a registered professional land surveyor for individual parcels to be acquired for the right-of-way. Furnish sketches of whole properties out of which the parcels are to be acquired. Be available as expert witness in condemnation proceedings. (V) Prepare a final Railroad right-of-way map sealed by a registered pro- fessional land surveyor with the map showing all improvements on the ri ght-of-way. (VI) Prepare plans, specifications and estimates and bid proposals for construction 4f the Relocation, including a switch connection proxi- mally east of Reese Air Force Base, a railcar yard containing at least three tracks (each track capable of storing at least forty railcars), and a yard along the Railroad's Whiteface Line suitable for the loading and unloading of aggregate and other commodities. (VII) Perform construction inspection and engineering. (VIII) Prepare monthly and final estimates for costs under construction contracts. (IX) Prepare as -built plans for the Relocation. (X) Provide horizontal and vertical control and panels on the selected alignment of the railroad relocation for aerial photogrammetry. A. Horizontal Control: 1. Panel Layout 2. Primary traverse and satellite points if needed. 3. State Plane adjusted to surface is the coordinate system to be provided. 4. Coordinates for points other than horizontal control points, obtained by a field crew for right-of-way and centerline. Note: One panel at a maximum spacing of 1800 feet. A minimum of 3 panels on each tangent. B. Vertical Control: 1. Primary Control 2. Wing point distance off base line: L 200'- R 200' 3. A band of 3 panels at a maximum spacing of 1800 feet. A mini- mum of 3 bands on each tangent. 4. Mowing of high grass or weeds, as specified by the State, prior to flight. C. Panels 1. Horizontal and wing panel size at 6" x 824. 2. Made of cardboard, masonite, paint or tape as may be approved by the State. -3- B., The following tasks will be performed by the Railroad: (I) Participation in obtaining Interstate Commerce Commission and any other governmental approvals. (II) Engage an engineering consultant to review preliminary plans; environ- mental assessments; plans, specifications and estimates; construction inspections; and final inspections for the Railroad as provided in the Railroad agreement. (III) Negotiations with the AT&SF Railroad for agreement allowing the Railroad to interchange with the AT&SF at the new track intersection northwest of loop 289. C. The following tasks will performed by the State at State expense: (I) State will provide an uncontrolled flight to obtain aerial photographs of the railroad relocation corridor. (II) State will provide a controlled flight to provide a planimetric map at a scale of 1" = 100' and cross-sections in digital or plotted form. ARTICLE 21. Right -of -Way. Right -of -Way to be furnished to the Railroad and to be acquired for the highway facility will be handled in accordance with the following procedures: A. The City and State will perform the following tasks in acquiring the proposed right-of-way for the Railroad: (I) The City will purchase title insurance for all parcels. (II) Real estate appraisers on the State's list of approved appraisers will be employed by the City. (III) The State will review real estate appraisals and furnish approved values to the City. (IV) Acquisiti by negotiation or condemnation will be the sole respon- sibility tr the City. (V) The State will review and have sole approval authority as to accep- tance of Special Commissioners' Awards, settlements and possible appeals for all parcels acquired by condemnation. (VI) The City will dispose of salable improvements by public bid and give the State credit for 90% of the net amounts received. (VII) The City will engage outside engineering consultants to negotiate for any necessary adjustments of utility facilities and for the right to occupy, for railroad purposes, the utility owned right-of-way. -4- (VIII) Payments by the City to util-ty companies for rights to occupy utility right-of-way will be considered as a cost of right-of-way and reim- bursed by the State accordingly. • (IX) The City will engage consultants to perform assessments for hazardous waste or contaminated materials on the right-of-way, and for reme- diation as may be necessary and as approved by the State. (X) The City will arrange for any utility service necessary to operate the new railroad facility. B. The following tasks are to be performed in acquiring the existing right-of- way owned by the Railroad: A (I) Real property interests not owned by the Railroad will be acquired by the State. All agreements with utility companies will be handled by the State. (II) The City will engage consultants to perform level 1 assessments for hazardous waste or contaminated materials on the right-of-way and level 2 assessments if required. Remediation or removal of hazardous and contaminated materials and removal of underground storage tanks will be handled by the State. (III) The State will be responsible for determining the fair market value of the old right-of-way as specified in Article 4.c in the Railroad Agreement. (IV) All consultants hired by the State to determine the fair market value of the old right-of-way and copies of documents relative to the fair market value determination will be made available to the City for use in any eminent domain proceedings as specified by Article 4.b in the Railroad Agreement. (V) The City requests the State to perform the provisions of this Article 21 B of this agreement where the State is described as the responsible party to achieve the tasks. The City agrees to escrow, by separate agreement the form of whic' shall be agreeable to State, with the State 10% of the costs estimated by the State to perform the tasks. If the actual costs will appear to exceed the estimates upon request, the City will escrow such additional amounts estimated by the State to be 10% of the total actual costs. Upon completion of these tasks, the State will return to the City any escrowed amounts which exceed 10% of the final total costs. The State will furnish the City a listing of all costs incurred by and paid to others by the State in performing the tasks. (VI) The State will dispose of any improvements located on the land where title is conveyed to the State. A 10% credit will be given to the City for any amounts received from disposition of the improvements less any expense incurred in disposition. -5- AR ICLE 22. Construction. The facilities to be const-ucted in the Relocation wi be handled in the following manner: A. Construction contracts will be awarded by the City. B. Items deemed necessary to procure in advance of construction for timely completion of the Relocation and as approved by the State will be pro- cured by the City. C. Force account agreements with AT&SF and others as may be necessary will be handled by the City. ARTICLE 23. Reimbursement. Requests by the City to the State for reimbursement of eligible costs must 4q supported as follows: A. All billings to the State must be documented to support amounts requested with documentation to include certification by consultants, where appli- cable as to receipt of goods or performance of services, and cer- tification by the City that the amounts paid are in accordance with this agreement. B. All billings must specify the entity which the amounts requested for reimbursement were paid to by the City. C. Billings must identify the reimbursement amounts requested as being engi- neering and environmental, right-of-way, or construction. D. The City will maintain all records for three years following final reimbursement. IN TESTIMONY WHEREOF, the State and City have executed duplicate counterparts of this agreement on the dates indicated. r CITY OF LUBBOCK C • BY: 'J. S. C. McMinn, Mayor Date: May 23, 1991 A Ranet Boyd, City Secreta M APPROVED AS TO CONTENT 7�lwu�-' Ja esf. Bertram, Assistant City Ma a.t for Development Services APPROVED AS TO FORM: 7)"c J. rth Fu lingim A tant City Attorney -7- THE STATE OF TE) .S Certified as being executed for the purpose and effect of activating and/or carrying out the orders, established policies, or work program heretofore approved and authorized by the State Highway and Public Transportation Commission under the authority of Minute Order 82513. y 1B hf, P.E. State i ght of Way E i ne Xr Date: RECOMMENDED BY: Wi liam M. Pope, P.E. District Engineer Date:__ Mci y 31,lgq i., •.a.✓va.vaa.v.• •.v• J�vJ Item # 34 April 10, 1997 RESOLUTION BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Mayor of the City of Lubbock BE and is hereby authorized and directed to execute for and on behalf of the City of Lubbock an agreement with the Texas Department of Transportation entitled "Second Modification Agreement for the Relocation of a Portion of the Seagraves, Whiteface. and Lubbock Railroad for Construction of a Controlled Access Highway Facility in the City of Lubbock, Texas" which is attached hererand incorporated herein as if fully set forth, and which shall be included in the minutes of this Council. Passed by the City Council this 10th day of April $1997. Windy Sitton, VAayor ATTEST: Kaj Darnell, City Secretary APPROVED AS TO CONTENT: Mildred Cox, Director of Transportation APPROVED AS TO FORM: i Linda L. Chamales, Supervising Attorney -W i i i., •.a.✓va.vaa.v.• •.v• J�vJ Item # 34 April 10, 1997 RESOLUTION BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Mayor of the City of Lubbock BE and is hereby authorized and directed to execute for and on behalf of the City of Lubbock an agreement with the Texas Department of Transportation entitled "Second Modification Agreement for the Relocation of a Portion of the Seagraves, Whiteface. and Lubbock Railroad for Construction of a Controlled Access Highway Facility in the City of Lubbock, Texas" which is attached hererand incorporated herein as if fully set forth, and which shall be included in the minutes of this Council. Passed by the City Council this 10th day of April $1997. Windy Sitton, VAayor ATTEST: Kaj Darnell, City Secretary APPROVED AS TO CONTENT: Mildred Cox, Director of Transportation APPROVED AS TO FORM: i Linda L. Chamales, Supervising Attorney -W RESOLUTION NO.5463 Item #34 April 10, 1997 STATE OF TEXAS * COUNTY OF TRAVIS SECOND MODIFICATION AGREEMENT FOR THE RELOCATION OF A PORTION OF THE SEAGRAVES, WHITEFACE, AND LUBBOCK RAILROAD FOR CONSTRUCTION OF A CONTROLLED ACCESS HIGHWkY FACILITY IN THE CITY OF LUBBOCK, TEXAS This agreement is entered into by and between the State of Texas, acting by and through the Texas Department of Transportation, hereinafter called the State, pursuant to Minute Order Number 88793, dated May 24, 1989, and the City of Lubbock, Texas, acting by and through its duly authorized official, pursuant to Resolution No. 3173, dated August 10, 1989, hereinafter called the City, to be effective on the date last executed. WITNESSETH WHEREAS, the State and the City entered into an Agreement dated February .12, 1991 and a Modification Agreement dated June 5, 1991, both for the purpose of relocating the Seagraves, Whiteface and Lubbock Railroad for construction of a controlled access highway facility in the City of Lubbock; and, WHEREAS, the State and the City have agreed to modify the agreements to clarify current ownership of the railroad and to clarify the percentage of reimbursement of eligible costs responsibilities of the State pursuant to the agreements. 4 1 R 4% a AGREEMENT NOW, THEREFORE, in consideration of the premises and of the mutual covenants and agreements of the parties hereto, the parties agree that the Seagraves, Whiteface and Lubbock Railroad was at the time of both agreements referenced herein owned and operated by the Seagraves, Whiteface, and Lubbock Railroad Corporation. Since the dates of the agreements referenced herein the ownership of the railroad has changed and the railroad is now owned and operated by the West Texas and Lubbock Railroad. IT IS FURTHER AGREED by and between the parties hereto that Article 9 of the Agreement dated February 12, 1991 is hereby amended by deleting Article 9 in its entirety and substituting therefor the following: "ARTICLE 9. The State will reimburse to the City an amount equal to but not exceeding ninety (90) percent of the eligible costs incurred by the City in effecting the Relocation. Reimbursement to the City shall be requested in accordance with the State's standard billing procedures with reimbursements being requested no more than once per month. "Eligible costs" are those that the State normally recognizes in railroad adjustments undertaken by the State pursuant to applicable Federal and State laws and policies." The parties hereto agree that the Agreements referenced herein, except as modified by this Agreement, shall remain in all respects as originally written and shall continue to be effective as of the dates of the respective Agreements. 2 4 �A H IN TESTIMONY WHEREOF, the State and the City have executed duplicate counterparts of this agreement on the dates indicated. CITY OF LUBBOCK By: Windy tton, Mayor Date: April 10, 1997 A ST: Darnell, City Secretary APPROVED AS TO CONTENT .� .Q av Mildred Cox Director of Transportation APPROVED AS TO FORM Linda L. Chamales Supervising Attorney EXECUTION RECOMMENDED Carl R. UtVy, P.E., District Engineer Date: THE STATE OF TEXAS Certified as being executed for the purpose and effect of activating and/or carrying out the orders, established policies, or work programs heretofore approved and authorized by the Texas Transportation Commission. Date: 5- 3e -S17 3 ~` Resolution No. 2000-RO186 EXHIBIT ESCROW AGREEMENT This Escrow Agreement (the "Agreement") is made by and among WEST TEXAS & LUBBOCK RAILROAD CO., INC. (the " ailroad"), CITY OF LUBBOCK (the "it "), and LUBBOCK ABSTRACT AND TITLE COMPANY (the "Escrow Agent") effective as of the day of June, 2000 RECITALS 1. Agreement. Pursuant to the terms of the Relocation Agreement between Railroad, City and State of Texas effectively dated and amended June , 2000 (the "Relocation Agreement"), Railroad is conveying to State of Texas property situated in the City of Lubbock, Lubbock County, Texas (the "Poe "). 2. Escrow. Pursuant to the terms of of the Relocation Agreement, funds sufficient to obtain an agreement with BNSF regarding existing fiber optic lines located on the Property ("BNSF Agreement") are to be deposited into escrow. 3. Evidence. Railroad and City are entering into this Agreement for the purpose of evidencing the terms and conditions of this escrow and their agreements regarding the escrowed funds. AGREEMENTS NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Railroad, City and Escrow Agent agree as follows: 1. Escrow. The sum of $75,000.00 out of the consideration to be paid by City to Railroad is hereby deposited with Escrow Agent, to be held and disbursed by Escrow Agent in accordance with the terms of this Agreement. Escrow Agent shall deposit the $75,000.00 escrow funds into an interest bearing account in a federally insured financial institution chosen by Title Company in an account listing the federal identification tax number of Railroad, and all interest earned shall be that of Railroad. The $75,000.00 escrow deposit is referred to herein as the "Escrow Funds." 2. Construction. City shall negotiate, using its best efforts, to obtain the BNSF Agreement that will result in the State's ability to construct a highway on the Property. Any funds over $75,000.00 that must be paid to BNSF for the BNSF Agreement shall be the sole cost of City. If less than $75,000.00 is paid to BNSF for the BNSF Agreement, City and Railroad will, equally, divide any such difference. If 3. Release. Title Company is authorized to release portions of the Escrow Funds to City upon receipt of a statement from City's atorney, Linda Chamales (the "Attorney's Certification') certifying that an Agreement has been reached with BNSF and verifying the funds needed for payment to BNSF. A copy of the Attorney's Certification shall be sent to S0085634.WPD: I i 1 Railroad at the same time as it is sent to the Title Company, pursuant to the notice provision set out in Section 6 herein. 4. Other. All escrow fees charged by Escrow Agent shall be borne by City. In the event of a bona fide dispute between Railroad and City with regard to the disbursement of the Escrow Funds, Escrow Agent shall be entitled to deposit the disputed portion of the Escrow Funds into the registry of a court with applicable jurisdiction. Railroad and City, jointly and separately, agree to save and hold Escrow Agent harmless and to indemnify Escrow Agent of and from all damage, liability, loss or expense, including without limitation, attorneys' fees and court costs, that it may incur as a result of or relating to its acting as Escrow Agent in this Agreement, except to the extent that such damage, liability, loss or expense arise as a result of or related to the negligence or misconduct of the Escrow Agent. 5. ounterparts. This Agreement may be executed in one or more counterparts, each of which shall be deemed an original and all of which shall constitute one and the same Agreement with the same effect as if all parties had signed the same original. Any signature page of this Agreement may be detached from any counterpart of this Agreement and reattached to any other counterpart of this Agreement identical in form hereto but having attached to it one or more additional signature pages. Furthermore, the undersigned agree that transmission of this Agreement by telecopy shall be deemed transmission of the original Agreement for all purposes. 6. Notices. All notices shall be in writing and effective when hand -delivered, mailed by certified mail return receipt requested, or sent by facsimile transmission to: Railroad at: West Texas & Lubbock Railroad Co., Inc. City at: City of Lubbock Attn: Attn: Phone Fax with a copy to: Matthews and Branscomb Attn: Rhonda Jolley 106 S. St. Mary's St. #700 San Antonio, Texas 78205-3692 Phone (210) 357-9300 Fax (210) 357-9325 with copy to: Mark Phariss Phone Fax S0085634.WPD: Phone Fax with copy to: Linda Chamales Phone Fax El EXECUTED effective as of the day of June, 2000. Railroad: WEST TEXAS & LUBBOCK RAILROAD CO., INC. By: Printed Name: Title: 1": CITY OF LUBBOCK By: Printed Name: Title: ESCROW AGENT: LUBBOCK ABSTRACT AND TITLE COMPANY By: Printed Name: Title: S0085634.WPD: 4 Resolution No. 2000-80186 ESCROW AGREEMENT EXHIBIT I This Escrow Agreement (the " eemen ") is made by and among WEST TEXAS & LUBBOCK RAILROAD CO., INC. (the "Railroad"), STATE OF TEXAS (the " tate"), and LUBBOCK ABSTRACT AND TITLE COMPANY (the "Escrow Agent") effective as of the day of June, 2000 RECITALS 1. Aucement. Pursuant to the terms of the Quitclaim Deed between Railroad and State of Texas effectively dated June , 2000 (the "Quitclaim Deed"), Railroad has conveyed to State property situated in the City of Lubbock, Lubbock County, Texas, described as follows(the "Pro a "): That certain right-of-way and real property situated, lying and being all in the County of Lubbock, State of Texas, which was conveyed by Seagraves, Whiteface and Lubbock Railroad Corporation to West Texas & Lubbock Railroad Co., Inc. by deed dated October 30, 1995, and recorded in Volume 5007, Page 207 of the Official Public Records of Lubbock, County, Texas and more fully described by metes and bounds description in Exhibit "A" attached hereto and made a part hereof for all purposes, which Quitclaim Deed reserves an easement for freight operation to Railroad ("Easement"). 2. Escrow. Railroad shall deposit with Escrow Agent a release of Easement on the Property ("Release of Easement") attached hereto as Exhibit "B" and incorporated herein for all purposes, simultaneously with the execution of the Quitclaim Deed. The Release of Easement is to be held in Escrow until either Railroad provides a written authorization to Escrow Agent to record the Release of Easement, or an affidavit has been received from the State (executed by the District Engineer for the Lubbock District of the Texas Department of Transportation) stating that the following events 9as also set out in Article 2 of the Conveyance Agreement dated June 2000, between Railroad, State and the City of Lubbock, Article 2 of the Conveyance Agreement is attached hereto as Exhibit " and incorporated herein for all purposes) have occurred: (a) Surface Transportation Board ("STB") approval to discontinue rail operations on the Property has been granted; (b) Fulfillment of the obligations of the Grantee and the City of Lubbock pursuant to the terms of the Agreement for the Relocation of a Portion of the Seagraves, Whiteface and Lubbock Railroad for the Construction of a Controlled Access Highway facility, dated on or about March 8, 1991, as amended on June 20, 2000 ("Relocation Agreement") and completion of the "New Facilities", as defined therein; and (c) STB approval to commence rail operations on the "New right-of-way" as defined in the Relocation Agreement. (d) That sixty (60) days have elapsed since the last event detailed about in a, b, and c, has occurred. soos7871 For the purposes of this agreement, the written authorization from "Railroad" may be from either West Texas & Lubbock Railroad Co., Inc. or any successor railroad (with West Texas & Lubbock Railroad Co., Inc. and any successor to provide Escrow Agent with written notice of any sale or transfer of the operating interest relating to the Property described in the Retained Easement and the Release of Easement. The Release of Easement shall be recorded by Escrow Agent in the Real Property Records of Lubbock County, Texas, upon approval of Railroad after the completion of the New Right of Way, or without the necessity of Railroad approval sixty (60) days after the occurrence of the last event listed in Article 2 in Exhibit "C", upon being provided the verifying affidavit described above from the State. 3. Evidence. Railroad and State are entering into this Agreement for the purpose of evidencing the terms and conditions of this escrow and their agreements regarding the escrowed Release of Easement. AGREEMENTS NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Railroad, State and Escrow Agent agree as follows: 1. Escrow. The Escrow Agent will hold the Release of Easement until such time as the terms and conditions of Section 2 have been completed. 2. Release. Title Company is authorized to record the Release of Easement once the terms and conditions of Section 2 have been completed. 3. QLher. All escrow fees charged by Escrow Agent shall be borne by State. Railroad and State, jointly and separately, agree to save and hold Escrow Agent harmless and to indemnify Escrow Agent of and from all damage, liability, loss or expense, including without limitation, attorneys' fees and court costs, that it may incur as a result of or relating to its acting as Escrow Agent in this Agreement, except to the extent that such damage, liability, loss or expense arise as a result of or related to the negligence or misconduct of the Escrow Agent. 4. Counteroarts. This Agreement may be executed in one or more counterparts, each of which shall be deemed an original and all of which shall constitute one and the same Agreement with the same effect as if all parties had signed the same original. Any signature page of this Agreement may be detached from any counterpart of this Agreement and reattached to any other counterpart of this Agreement identical in form hereto but having attached to it one or more additional signature pages. Furthermore, the undersigned agree that transmission of this Agreement by telecopy shall be deemed transmission of the original Agreement for all purposes. 5. Notices. All notices shall be in writing and effective when hand -delivered, mailed by certified mail return receipt requested, or sent by facsimile transmission to: S0087871 Railroad at: West Texas & Lubbock Railroad Co., Inc. State at: Texas Department of Attn: Vice President - Real Estate Transportation _ 4040 Broadway, Suite 200 Attn: Claude Kneisley San Antonio, Texas 78209 Box 771 Phone (210) 841-7600 Lubbock, Texas 79408 Fax (210) 841-8233 Phone: Fax: with a copy to: RailAmerica Attn: Law Department 5300 Broken Sound Blvd., N.W. Boca Raton, Florida 33487 Phone: Fax: with a copy to:Matthews and Branscomb Attn: Rhonda Jolley 106 S. St. Mary's St. #700 San Antonio, Texas 78205-3692 Phone (210) 357-9300 Fax (210) 357-9325 S0087871 with copy to: Attn: Phone: Fax: with copy to: EXECUTED effective as of the day of June, 2000. ailroad: Phone Fax WEST TEXAS & LUBBOCK RAILROAD CO., INC. By: Printed Name: Title: State: STATE OF TEXAS By: Printed Name: Title: ESCROW AGENT: LUBBOCK ABSTRACT AND TITLE COMPANY By: Printed Name: Title: S0087871 EXHIBIT A Being 37.035 hectares (91.515 acres) of land out of Section 35, 36 a 37, Block A -K, Sections 1, 2, 5 a 6, Block l-2, Sections 25 a 2.7,. Black a and Sections is i 20, Black h, which tract of land vas conveyed by the Seagraves, tftitefaco and Lubbock Railroad to the West seas and Lubbock Railroad by Deed dated October 30, 1995 and recorded in Volume 5007, nage 207, of the Official Real Property Records of Lubbock County, Testas, of which said 37.035 hectares (91.515 acres) of land is more particularly described as follows: 3=-rv'- G at a 1/2" Iraq Rod, set for the beginning corner of this parcel, whmee the Northeast Corner of said Section 35, Block a -K bears South 870381250 ]fast, 150.630 meters (494.39 feet) and North 02.22115• East, 709.301 meters (2327.10 feet); (1) T2XNCE North 56.16130• mast, 19.818 meters (65.02 feet) to a 1/20 Iraq Rod with Cap, set for the Southwest Corner of a 3.048. meters (10.00 feat)construction sad Verliead electrical easement and for a Corner of this parcel; (2) TAY Horth 56.17.50- Zast, 166.62E meters (946.68 feat) to a 1/20 Tran Rod with Cap set for a Corner of this parcel; (3) TITSNCS South 02.22'140 West, 5.431 maters (30.94 feet) to a 1/24 Iran Rod with Cap, set for a Corner of this parcel; (4) T1TCE North 56.16.10• East, 550.570 meters (1806.33 feet) to a 1/2- =roe Rod with cap, set for a Corner of this parcel; (5) TffZVCZ Worth 33.431510 West, 7.620 meters (25.00 feet) to a 1/2- Iron Rod with Cap, set for a Corner of thin parcel; (6) TZ2MWC8 North 56.16'080 East, 451.349 meters (1480.80 feet) to a 1/2" Iran Rod with Cap, Set for a Corner of this parcel; (7) TEEMS South 02.21'40• West, 9.634 meters (30.95 feet) to a 1/2- Iran Rod with Cap, not for a corner of this parcel; (8) TMWCE Worth 36.17104- mast, 49.475 meters (162.32 feet) to a 1/20 Iron Rod, sat for the T.S. (Tangent to Spiral) of a spiral curve to the left, and a corner of this parcel; (9) TSENCE Northeasterly along the arc of a spiral curve to the left. an arc distance of 27.697 meters (90.87 feet) to a 1/2" True Rod, set for the S.C. (Spiral to Circular) of Said Spiral curve and fax a corner of this parcel, said curve has a radius of 271.971 meters (892.29 feet) and a chord that bears North 53.22101* last, 27.685 meters (90.83 feet); (10) 11 111 Northeasterly, along the are of a circular curve to the left, an arc distance Of 100.130 meters (328.51 feet) to a 1/2- Iron Rod, set for a corner of this parcel, said circular curve has a radius of 217.777 meters (714.49 test) and a chord that bears Worth 37.16140" East. 99.252 meters (325.63 feet); (11) T88NCE South 370331004 mast, 7.364 teeters (24.16 feet) to a 1/20 Iron. Rod, set for a Corner of this parcel; (12) 1"I'll 8 North 52.27'00" East, 71.960 meters (236.09 feet) to a 1/20 Iran Rod, net for the P.C. of a Curve to the right and a cower of this parcel; (i3) :vm' $ Northeasterly, along the arc of a curve to the right, an arc distance of 58.733 meters 1192.69 feet) to a 1/24 Iron Rod, set for a corner of this parcel, said curve has a radius of $82.140 meters (2894.15 feet) and a chord that bears Korth 54.211270 East, 58.722 meters (192.66 feet); (14) '!ENCS North 3601SIS39 East, 60.978 meters (200.06 feet) to a 1/28 =roe Rod, out for the P.C. of a Curve to the right and for a corner of this parcel, Cu) T8�CS Northeasterly, along the arc of a curve to the right, an arc distance of 102.371 meters (335.86 feet) to a 1/2* Stan Rod, set for a Corner of this parcel, said carve has a radius of 1173.285 meters (3849.35 feet) and a chord that beats Worth 58-45 '52- East, 102.339 meters (335.76 feet); (16) 17 North 61.13'506 last, 216.472 meters (710.21 feet) to a 1/20 Irca Rod, set for the P.C. of a curve to the left and for a Corner of this parcel; (17) TZM= Northeasterlyalong the arc of a cu=re to the left, an arc distance of 50.039 i meters( 164.17 feet) to a /20 Iron Rod, not for a corner of this parcel, said curve has a radius of 1155.276 meters (3790.57 feet) and chord that bears North 60.01.230 Bast, 50.036 meters (164.16 toot); (18) TSSttCS North 53.54'28" Bast, 7.730 meters (25.36 feet) to a 1/20 Troy Rod with Cap, set fax the Southeast corner of Let 3, Seita Pe Park addition and in. the West Right -of -Way line of 45th Street for a corner of this parcel; IMAL CONTINUES ON FOLLOW= PAGE '05/3d/00 TUE 14:16 FAX 806 773 3307 LEGAL/CITY SEC 0 003 LAWYERS TIME INSURANCE CORPORATION CONTINUATION OF StS=ULB A - LEGAL RBVISZ� (19) TACE North 62.18135" East, 22.784 meters (74.75 feet) to a 20 Iron Pipe, found for the Southwest corner of Lot 2, Santa Fe Park Addition, and in the Sant Right -of -Way line of said 45th Street, for a corner of this parcel; (20) TMWCE North 62.06140" East, along the South line of Lot 2, Santa Fe Park Addition, 11.503 meters (37.74 feet) to a 20 Iron pipe, found for a corner of said Lot 2, Santa Fe Park Addition and a corner of this parcel; (21) TMMTC3 North 33.431469 West, 11.735 meters (38.50 feet) to a 20 Iron Pipe, found for an interior corner of said Lot 2, Santa Fe Park Addition and a corner of this parcel; (22) T8ffiTCB North 86.161420 East, 309.609 meters (1015.78 feet) to a 5/80 stun Rod, found for the Southwest corner of Lot 1-A, S.W.P.S. Addition and the Northwest corner of Let 2, Doud Addition, for a corner of this parcel; (23) TmmgCS North 56.16'04" East, along the South line of said Lot 1-A, S.N.P.S. Addition, and the North line of Lot 2, Vaud Addition, at 199.835 meters (655.63 feet) pass a 1/20 Iran Rod with Cap, ®et for the Northeast corner of Lot 2, Vaud Addition, continuing along the South line of said Lot i -A, S.W.P.S., for a total distance of 08.669 meters (1439.20 feet) to a 1120 Iron Rod with Cap, set for the Southeast corner of said Lot 1-A, S.W.P.S. Addition, the Southwest corner of Lot 21 L.I.S.D. ?arm and a corner of this parcel; (24) TBMCE North 56.17141" East, along the South line of Lot 2, L.I.S.D. Farm, i66.451 teeters (S46.10 feet) to a 1/20 Iron Rod with Cap, set for an interior corner of said Lot 2, L.I.S.D. Farm and a corner of this parcel.; (25) TEEMM South 33.44'360 East, 15.340 deters (50.00 feet) to a 1/10 Iron Rod with Cap, feet for a corner of said Lot 2, L.I.S.D. Farm and a corner of this parcel; (26) 22M NM North 56.15.15" East, along the South line of said Lot 2, L.I.S.D. Farm, 97.518 ureters (319.94 feet) to a 1/20 Iron Rod, met for the Southeast corner of said Lot 2 and the Southwest corner of Lot 1, L.I.S.D. Farm and a corner of this parcel; (27) TMMTCE North 56.15.170 East, along the South line of said Lot 1, L.I.S.D. Farm, 292.589 meters (959.94 feet) to a 1/20 iron Rod, found at the Southeast corner of said Lot 1 and a corner of this parcel; (28) ZHM" North 56.16'33.0 East, along the South line of a 20 foot alley on the South side of Sagemont Addition, Willowick Addition, Howard and Garlingtoa Addition, and croscing slide Road Right -of -Way, a distance of 928.343 meters (3045.74 feet) to a 1/20 Iron Rod with crap, set on the intersection of the East Right -of -Way line of Slide Road and the South Right -of - Way line of Santa Fe Drive, for the Northwest corner of Lot 2, Young Addition and a corner of this parcel; (29) VICE North 56.141470 East, along the South line of Santa Fe Drive and the North line of Lot 2, Young Addition at 240.428 meters (788.80 feet) pass a 1/20 Iron Rod with Cap, set for the Northeast corner of said Lot 2 and the Northwest corner of Lot 1, Young Addition, continuing for a total distance of 286.148 meters (938.80 feet) to a 1/20 iron Rod with Cap, set for the Northeast corner of said Lot 1, Young Addition and a corner of thin parcel; (30) TMWC9 North 56.22'450 East, continuing along the South Right -of -Way line of Santa Fe Drive and crossing 29th Drive Right-of-way, a distance of 40.275 meters (132.13 feet) to a 3/80 Iron Rod, found in the East Right -of -Way line of 29th Drive for the Southwest corner of Lot 305, Midway park Addition and a corner of this parcel; (31) TSEMcs North 56.17.530 East, along the South line of said Int 305, Midway Park Addition, 196.426 meters (644.44 feet) to a 1/20 Iron Rod with Cap, set for the Southeast corner of said Lot 305, Midway Park Addition and a corner of this parcel; (32) T3121C8 North 33.43'280 West, 15.240 meters (50.00 feet) along the East line of said Lot 305, Kidway park Addition to a point for the Southwest corner of Lot 306-B, Midway Park Addition and a corner of this parcel; (33) TRW= North 56.16'33" East, along the South line of a 15 foot alley, 262.955 ureters (862.71 feet) to a 1/20 Iron Rod with Cap, set for a corner of this parcel; LEGAL CONTIMMS Oa FOLLOWING PAG33 S63/30/00 TUE 14:17 FAa 806 775 436LEGAL/CITY SEC OOQ Can -n UATION Or SCSMOLg A, - LBGgL REVISIM (34) TEMTCE South 33.43'27" East, met for a corner of this parcel; 15.240 meters (50.00 feet) to a 1/2" Iron Rod with Cap, (35) TZM?CE North 56*15'52' East, along the Southeast line of a 20 toot alley On the South side of Sherrik Rome Addition, a 22.50 foot alley On the South side of Tanglewood Addition, Crossing Toledo Avenue Right -of -Way line and continuing along the South side of a 24 foot alley on the South Side of Block 6, Cain Terrace Addition, a distance of 938.644 meters (3079.53 Coat) to a 3/8" Iron Rod, found for the Southeast corner of Block.6, Cain Terrace Addition, and the Southwest corner of Alexander Land Addition, for a corn= of this parcel; (36) TACE North 56.13'18• r6ast, along the South line of said 24.50 foot alley, 11.506 Meters (37.75 feet) to a 3/8" Iron Rod, found for the Southeast corner of Lot 34 and the Southwest corner of Lot 33, Alexander Land Addition and a corner of this parcel; (37) TZENCE North 56.16136" East, along the South line Of a 20 foot Utility, Garbage Collection, and Drainage Easement On the South side of Alexander Land Addition, 100.271 meters (328.97 feet) to a 1/2" Iron Pipe, found for the Southeast corner of Lot 32 and the Southwest corner of Lot 31, Alexander Land Addition and a corner of this parcel; (38) rsSNCB North 56.141200 East, along the South line of a 20 foot Utility, Garbage Collection and Drainage Easement on the South side of Alexander Land Addition, 85.711 meters (281.20 feet) to a 1/20 Iron Rod, found for the Southeast corner of the Alexander Land Addition. and a corner of this parcel; (39) TEENCR North 56.16'10" East, 53.054 meters (174.06 feet) to a point in the East line Of Section 17, Block S and the Nest line of Section 15, Block B, for a corner of this parcel; (40) TSffi7CE North.020211431 East, along the East line of Section 17 and the Nest line of Section 15, Block B, 4.904 meters (16.09 Feet) to a point for a corner of this parcel; (41) THM= North *56016110" East, 17.372 meters (57.00 feet) to a 1/20 Iron Rod with Cap, Bet in the East Right -of -Way line of Quaker Avenue, for the Southwest corner of the City of Lubbock property, and a corner of this parcel; (42) TED= North 56.30'58• East, along the South line of the City of Lubbock property, a distance of 100.483 meters (329.67 feet) to a 1/28 Iron Rod, found for the Southeast corner Of the City of Lubbock property and the Southwest corner of Lot 2, Block 3, John. W. Jazz tt Subdivision and a corner of this parcel; (43) 1'7 1 North 56.11' 05• East, along the South line of said Lot 2, Block 3, Jobs W. Jarrott Subdivision, 71.186 meters (233.55 feet) to a 1/2' Iron Rod, found for the Southeast corner of said Lot 2 and the Southwest corner of Lot 3, Block 3, John W. Jarrott Subdivision, for a corner of this parcel; (44) TMWC8 North 56.09' 49" East, along the South line of said Lot 3, Block 3, John V. Jarrott Subdivision, 136.796 meters (448.81 feet) to a 3/8" Iron Rod, found for the Southeast corner of said Lot 3 and a Southwest corner of Lot 1, Dora Henson Addition and a corner of this parcel; (45) 11 ""S North 56°19.408 East, along the South line of an 20 toot alley, on the South side of Lot 1, Dora Henson Addition and Lot 3, Sara Addition, a distance of 97.123 meters (318.65 feet) to a square Tube, found for the Southwest corner of Lot 1, Sara Addition and a corner of this parcel; (46) MUM North 56.17'11ff East, along the South line of said Lot 1, Sara Addition, 67.0S3 maters (220.09 feet) to a concrete Highway Right -of -Hay x=u'ment, Fouad for the Southeast corner of said Lot 1, Sara Addition, and in the existing South Right -of -My line of 19th Street and a corner of this parcel; (47) TSENCIm North 56.16'10" East, 18.113 meters (59.43 feet) to a point is the North line of Section 15, Block 3 and the South line of Section 2, Block E-2, for a corner of this parcel; (48) TEXXX South 87.38'32" East, along the North line of said Section 15 and the South line of Section 2; Block E-2, 6.447 meters (21.15 toot) to a point for a corner of this parcel; LEGAL CONTINUES ON FOLLOWING SAGE X18/OU%UU lUC 14:17 CAd 306 773 JJO7 LEGAL/cilky 9Ec 0,007 LAWYERS TITLE INSURANCE CORPORATION CMiTl'=TIOM OF 503M= 1 - LEGAL RE4IMM (4 9) TBBIiCS worth found in the Horth Leftwich Addition, (557.86 feet) pass Southeast corner o feet) to a 1" Iron 8301 C. C. Leftwich 56.13'33" East, at 34.661 meters (113.72 feet) pass an "Ze on concrete, Right -of -Way line of 19th Street, for a corner of Lot 17, Block 7, C. C. Continuing along the Southeast line of said Lot 17, at 170.035 meters a "te on eoaerete ret for the Northeast corner of said Lot 17 and the f an alley, and continuing for a total distance of 176.881 meters (580.32 Pipe, found for the Wortheast cornier of said alley and a corner of Lot Subdivision and a ceraer of this parcel; (50) TZM= Worth 56.151278 Bast, along the South line of said Lot •A", 303.895 meters (997.03 feet) to a fence post found for the Southeast corner of Said Lot BAN, C. C. Leftwich Subdivision, a corner of Texas Tech University property and a corner of this parcel; (51) "1" *1E North 56.15'14" East, along the South line of said Texas Tech University property, 1862.283 meters (6109.84 feet) to a brass cap in concrete, found for a corner of this parcel; (52) 11 :1 North 56.15'140 East, continuing along said South line of Texas Tech University property, 356.628 meters (1170.04 feet) to a brass cap in concrete, found in the South Right - of -Way line of 4th StrQet for a corner of Texas Tech University property and a corner of this parcel; (53) SAM :99 North 56.221508 East, 62.052 meters (203.58 feet) to a 3/8 Iron Rod, found in the North Right -of -Way line of 4th Street, for a corner of Lot B, A. V. Blankenship Addition B2, and a corner of this parcel; (54) "ww"S North 56.15'175 East, along the South line of said Lot S, 194.457 meters (637.98 feet) to a 3/8 8 Iron Rod, found for the .most Northerly southeast corner 'of said Lot a and the West Right -of -Way line of Boston avenue and,a corner of this parcel; (55) TUMCE North 56.15'09" East; along the South Right -of -Way line of Santa Fe Drive, a distance of 536.971 meters (1761.71 feet) to a point in the East Right -of -Ka line of University Avenue, the South line of a 15 foot alley and the Northeast corner of this parcel; (56) TMWCE South 02822'468 Rent, 37.853 meters (124.19 feet) to a 1/2" Iron Rod with Cap, set in the east Right -of -Way line of University Avenue for the Southeast corner of this Parcel; (57) "'1" M South 55.47'24" Sliest, 37.882 meters (124.26 feet) to a 1/2" Iron Rod, found in the West line of University Avezue and at the Northeast corner of F. R. Friends Addition, for a corner of this parcel; (58) TAMME South 56.19151" West, 334.633 meters (1097.87 feet) to a 1/28 Iron Rod, found in the South line of 3rd Street for the Northwest corner of A. W. Blankenship Addition and a corner of this parcel; (59) CUNCE South 56014'399 West, along the West line of said A. W. Blankenship Addition, 278.286 meters (913.01 feet) to a 1/28 Iron Rod with Cap, :get in the North Right -of -Way line of 4th Street for the Southwest corner of said A. W. Blankenship Addition and a corner of this parcel; (60) T230= South 568151462 West, along the North Right-cf-Way line of U. S. Hishvay 82, 2665.439 meters (8744.86 feet) to a concrete right-of-way monument found, for a corner of this parcel; (61) SBEHCE South 56.16.04" West, continuing along the North Right-cf-Kay line of U. S. Highway 82, 216.341 meters (709.78 feet) to a concrete right-of-way monument found, for a corner of this parcel; f (62) Te3== South 56.16'218 West, continuing along the North Right -of -Way line of U. S. Highway 82, 3747.806 meters (12,395.93 feet) to a T -Rail, found for a corner of this parcel; (63) 1 C' South 34011124" East, 15.422 meters (50.60 feet) to a T -Rail, found in the North Right-ef-way of U. S. Highway 82, of the Northeast corner of Lot 1, Durwood. Addition and a corner of this parcel; LEGAL CONTINUES ON FOLLOWING PAGE KIM VaiadivU TVU 14:18 FAX 806 775 3301' LEGAL/chTY 9Ec �aoa LAWYERS TITLE INSURANCE CORPORATION COPTI==Xm os scs8l= A - LZGML RsvzsEo (64) T88NC8 South 56016136' West, along the North line of said Lot 1, 137.650 meters (450.95 feet) to 1/21 Iron Rod found, for the Northwest corner of said Lot 1 and the Northeast corner of Lot 2, Durwood Addition and a corner of this parcel; (C 5) TRSNCS South 56.01111" West, along the Horth line of said Lot 2, 17.717 meters (58.13 feet) to 1/20 Iran Pipe, found in the North line of said Lot 2 and a corner of this parcel; (66) South 56.07155" West, continuing along the North line of said Lot 2, 26.355 meters (79.90 feet) to 3/8- iron Rod, found for the Northwest corner of said Lot 2 and a corner of this parcel; (67) TZM= South 56-16'09• West, 63.724 meters (209.07 feet) to 3/8* Iron Rod, found for the Northeast corner of hot 3, Doud Addition, for a corner of this parcel; (68) TSHNCS South 560131090 Nest, along the North line of said Lot 3, 9.245 meters (302.64 feet) to 1/20 Iron Rod, found for the Northwest corner of said Lot 3, and a corner of this parcel; (6 9) TMM South 33043120- East, along the nest line of said Lot 3, 30.480 meters (100.00 feet) to a 3/4' Iron Pipe, found in the North Right-of-Way line of U. S. Righway 82, for a corner of this parcel; (70) THENCE South 56.17'58• West, along the Horth Right-of-Way line of U. S. Highway 82, at 91.267 meters (299.43 feet) pass an axle, found at the Southeast corner of Lot 1, Doud Addition, continuing along the Worth Right-of-Way line of U. S. Highway 82, for a total distance of 243.667 meters (799.43 feet) to a point for the Southwest corner of said Lot 1, Doud Addition and a corner of tbi.a parcel; (71) THEM= North 330431408 Neat, along the North Right-of-Way litre of U. $- Highway 82, a distance of 30.480 teeters (100.00 feet) to a fence post, found for an interior corner of said Lot 1, Doud Addition and a corner of this parcel; (72) TEENCB South 56015116* West, along the Borth Right-of-Way line of U. S. Highway 82, 33.201 meters (108.93 feet) to a 1/2" Iron Rod with Cap, set for the Southwest corner of said Lot 1, Dowd Addition and a corner of this parcel; (73) THENCE South 56!16' l0- west, continuing along .the North. Right-of-Way line of U. S. Highway 82, 302.081 meters (991.08 feet) to a 1/20 Iron Rod with Cap, set for a corner of thia parcel; (74) TSENCE North 33.43139- West, 15.240 meters (50.00 feet) to a 1/211 Iron Rod with Cap, set for a corner of this parcel; (75) TEE= South 56-16,418 West, along the North Right-of-Way line of U. S. Highway 82, 1791.750 meters (5878.43 feet) to a 1/2- Iron Rod with Cap, set in the West line of Section 36, Block A-R and the East line of Section 35, Block A-K, for the Southwest corner of this parcel; (76) TMWCR South 560171130 West, along the North Right-of-Way line of U.S. Highway 82, 158.670 meters (520.57 feet) to a 1/20 iron Rod, set in for the Southeast corner of this parcel; (77) TBMCB Horth 3304311011 West, 38.137 meters (125.12 feet) to the P.O.B., of which contains an area of 37.03 hectares (91.5 acres). E1fFliBli 6 RELEASE OF EASEMENT Date: , 2000 Easement Date: June , 2000 Grantor: West Texas & Lubbock Railroad Co., Inc. Grantor's Mailing Address (including county): 5300 Broken Sound Blvd., N.W. Boca Raton, Palm Beach County, Florida 33487 Grantee: State of Texas Grantee's Mailing Address (including county): Texas Department of Transportation Attn: Carl R. Utley, P.E. District Engineer Box 771 Lubbock, Lubbock County, Texas 79408 Easement Retained in: Quitclaim Deed dated June —'2000, from Railroad Co., Inc. to the State of Texas, recorded in Volume Official Public Records of Lubbock County, Texas. Property (including any improvements) Subject to Easement: m West Texas & Lubbock Page of the That certain right-of-way and real property situated, lying and being all in the County of Lubbock, State of Texas, which was 'conveyed by Seagraves, Whiteface and Lubbock Railroad Corporation to West Texas & Lubbock Railroad Co., Inc. by deed dated October 30, 1995, and recorded in Volume 5007, Page 207 of the Official Public Records of Lubbock, County, Texas and more fully described by metes and bounds description in Exhibit "A" attached hereto and made a part hereof for all purposes. Grantor acknowledges its release of the Easement and by these presents herby releases and discharges, the above described property from said Easement. S0087855.DOC: When the context requires, singular nouns and pronouns include the plural. WEST TEXAS & LUBBOCK RAILROAD CO., INC. By: Name: Title: THE STATE OF TEXAS § COUNTY OF LUBBOCK § This instrument was acknowledged before me on this the day of 2000, by of the State of Texas. S0087855.DOC: 2 Notary Public, State of Texas 4 EXHIBIT "A" [to be attached) S0087855.DOC: SCHEDULE "C" ARTICLE 2 OF CONVEYANCE AGREEMENT ARTICLE 2. Property, also referred to as "Premises": a portion of RAILROAD's line of railroad hereinafter collectively designated the "Old Right -of -Way," described as follows: That certain right-of-way and real property situated, lying and being all in the County of Lubbock, State of Texas, which was conveyed by Seagraves, Whiteface and Lubbock Railroad Corporation to West Texas & Lubbock Railroad Co., Inc. by deed dated October 30, 1995, and recorded in Volume 5007, Page 207 of the Official Public Records of Lubbock, County, Texas and more fully described by metes and bounds description in Exhibit "B" attached hereto and made a part hereof for all purposes. SAVE AND EXCEPT: the exclusive easement to conduct freight railroad operations on the Property, including the right to operate trains, locomotives, railcars, and rail equipment. This easement includes all rights and obligations of Grantor under federal law to conduct common carrier freight service on the Property. The easement also includes a right of entry over the Property for any of Grantor's employees, agents or representatives, machinery, vehicles or equipment necessary or convenient for the purposes of inspecting the Property, clearing any derailments or wrecks of railroad trains or otherwise conducting rail freight service over the Property. The easement shall remain in full force and effect until the last to occur of the following: a) Surface Transportation Board ("STP") approval to discontinue rail operations on the Property; b) Fulfillment of the obligations of the Grantee and the City of Lubbock pursuant to the terns of the Agreement for the Relocation of a Portion of the Seagraves, Whiteface and Lubbock Railroad for the Construction of a Controlled Access Highway Facility, dated on or about March 8, 1991, as amended on June 20, 2000 ("Relocation Agreement") and completion of the "New Facilities," as defined therein; and c) STB approval to continence rail operations on the "New right-of-way" as defined in the Relocation Agreement. 4r S0088458.WPD: Received: ®/12/00 6:25AM; RAILTEX; Page JIN.12.2000 9`16AM Resolution N0. 2000-80186 EXHIBIT UNANIMOUS 'WRITTEN CONSENT OF THE BOARD OF DIRECTORS AND SOLE. SHAREHOLDER OF WEST TEXAS AND LUBBOCK RAILROAD CO., INC. The undersigned, being all of the members of the Board of Directors and Sole Shareholder of West Texas and Lubbock Railroad Co, Inc., a Texas corporation (the "Corporation'), acting in lieu of a meeting of the Board of Directors and Sole Shareholder pursuant to Texas corporation law, do hereby consent to, adopt and approve in all respects the following resolutions and transactions set forth or contemplated therein: RESOLVED, that the Corporation be and it hereby is authorized to enter into (i) a First Amendment to the "Agreement for the Relocation of a Portion of the Seagraves, WhiteFace and Lubbock Railroad for Construction of a Controlled Access Highway Facility in the City of Lubbock, Texas" (the "Relocation Agreement Amendment'j, providing for, among other things, the sale of a portion of the railroad right�of-way to the State of Texas for highway construction (the "Property") to the State of Texas for at least Nice Million Two Hundred Sixty Five Thousand Dollars ($9,265,000.00)(the "Purchase Price"); (ii) an Agreement between Corporation and the City of Lubbock, Texas regarding conveyance of the Property (the "Conveyance Agreement'', providing for, among other things, certain conditions under which the Property will be sold to the State of Texas; (iii) a Quit Claim Deed conveying the Property to the State of Texas (the "Quit Claim Deed"), which Quit Claim Deed reserves an easement for rail operations; (iv) an Escrow Agreement with the City of Lubbock, Texas and Lubbock Abstract and Title Company (the 'Tscrow Agreement', providing for, among other things, the escrow of Seventy Five Thousand Dollars of the Purchase Price; (v) an Assignment of Agreements executed by Corporation to the State of Texas (" Assignment's assigning certain existing leases on the Property to the State of Texas; and (vi) such other documents as may be required by Lubbock Abstract and 'Title Company to complete the sale of the Property. All agreements and documents executed are to be in such form as any officer of the Corporation shall approve, his/her execution thereof to be conclusive evidence of such approval; RESOLVED FURTHER, that the officers of the Corporation be, and each of these hereby are, authorized to execute all such instruments and documents and do all such other acts and things as in their opinion, or in the opinion of any of them, may be necessary or appropriate in order to carry out the intent and purposes of any or all of the foregoing resolutions; and RESOLVED FURTHER, that the authority 'and power given hereunder shill be deemed retroactive and any and all acts authorized hereunder performed prior to the passage of these resolutions are hereby approved and ratified in all respects. This Consent may be executed in more than one part, all of which taken together shall be one and the same instrument. Received: 6/12/00 6:26AM; -> RAILTEX; Page 3 JUN.12.2M 9:16AM NO.707 P.3i3 FMCUIW effective the 6th day of June, 2000. p $0086512 a SOLE SHAREHOLDER: RAU,AMMC.hcj INC. i 1F IXHIBIT 1 CITY OF LUBBOCK § COUNTY OF LUBBOCK § STATE OF TEXAS § Resolution No. 2000—RO186 CERTIFICATE TO COPY OF PUBLIC RECORD I hereby certify, in the performance of the functions of my office, that the attached instrument is a full, true and correct copy of Resolution No. 2000 R0186, without attachments, as the same appears of record in my office and that said document is an official record from the public office of the City Secretary of the City of Lubbock, Lubbock County, State of Texas, and is kept in said office. I further certify that I am the City Secretary of the City of Lubbock, that I have legal custody of said record, and that I am a lawful possessor and keeper and have legal custody of the records in said office. In witness whereof I have hereunto set my hand and affixed the official seal of said office this 28th day of June, 2000. (City Seal)eIadell ¢�,y� Kayth' Darnell City Secretary, City of Lubbock Lubbock County, State of Texas Resolution No. 2000-RO186 June 20, 2000 Item No. 85 RESOLUTION BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Mayor of the City of Lubbock BE and is hereby authorized and directed to execute for and on behalf of the City of Lubbock an agreement with the West Texas & Lubbock Railroad and the Texas Department of Transportation entitled "Agreement Between West Texas & Lubbock Railroad Company, Inc. and the City of Lubbock Regarding Conveyance of a Portion of the Railroad Right -of -Way to the State of Texas for Highway Construction" and any other related documents. Said Agreement shall be in substantially the same form as the Agreement attached hereto and incorporated in this Resolution as if fully set forth herein and shall be included in the minutes of the Council. Passed by the City Council this Q60- day of r 2000. 4aDY SIT N, MAYOR APPROVED AS TO CONTENT: R7A A 11Q J "am, tteoc Planning Manager APPROVED AS TO FORM: Linda Chamales, Supervising Attorney- Office Practice gs/ccdocs/RR Conveyance.res June 9, 2000 06/27/00 14:16 FAX 512 463 0283 14 1 TXWT ADMIN Resolution No. 2900-RO186 STATE DEPARTMENT OF HIGHWAYS AND PUBLIC TRANSPORTATION E HIBIT LUBBOCK County MINUTE ORDER Page 1 of 3 Pages District No. LUBBOCK 5 WHEREAS, in LUBBOCK COUNTY on U.S. HIGHWAY 82 from State Loop 289 in southwest Lubbock o nterstate ighway 27, a distance of approximately 6.8 miles, an added capacity project is approved in Level II of the 1988 10 -Year Project Development Plan; and WHEREAS, certain right of way of the Atchison, Topeka and Santa Fe Railway Company which runs parallel to the alignment of the above referenced highway is needed for said highway project; and WHEREAS, the railroad can be relocated from southwest of State Loop 289 north and east to the Atchison, Topeka and Santa Fe Railroad northwest of Lubbock, making existing railroad right of way available for conveyance to the State for highway purposes at a substantial savings to the State; and WHEREAS, the City of Lubbock has offered to participate in the. relocation of the railroad; and WHEREAS, the State Highway and public Transportation Commission considers the relocation of the railroad to be in the public interest and also desires to participate in the relocation; NOW, THEREFORE, IT IS ORDERED that the Engineer -Director is hereby authorized to tender the following proposal to the City of Lubbock: Fax Transmitta[ memo of Pages _ ----� To: CJ,2u c, From: Dee Aernw, bboc- Co.: arbm 67 Dept.: Phone p qS3� Fax i QD� 1�: Fax RCFxu 06/27/00 14:36 FAX 512 463 0263 TINT ADMIN 0002 STATE DEPARTMENT OF HIGHWAYS AND PUBLIC TRANSPORTATION LUBBOCK County MINUTE ORDER Page 2 of 3 Pages District No. LUBBOCK (5) Provided the City of Lubbock will: 1. Acquire one hundred percent of the additional right of way required for the relocation of the railroad, providing ten percent of the cost of right of way, clear of obstructions and free of cost to the State with acquisition procedures to be in accordance with applicable Federal and State laws governing the acquisition policies for acquiring real property. 2. Adjust all eligible utilities required for the relocation of the railroad, providing ten percent of the cost of eligible utility adjustments as may be required. 3. Provide ten percent of the cost of the relocation of the railroad's rail and appurtenant facilities from southwest of State Loop 289 north and east to the Atchison, Topeka and Santa Fe Railroad northwest of Lubbock, and relocate said facilities west of State Loop 289, making the existing railroad right of way available for conveyance to the State,. for highway purposes. The State Department of Highways and Public Transportation will: 1. Provide ninety percent of the cost of right of way clear of obstructions with acquisition procedures to be in accordance with State Department of Highways and Public Transportation policies and with Federal and State laws governing the acquisition policies for acquiring real property. 0 003 06/27/00 14:36 FAX 512 463 4283 TIEDOT ADMIN LUBBOCK County District No. LUBBOCK (5) Submitted by STATE DEPARTMENT OF HIGHWAYS AND PUBLYC TRANSPORTATION MINUTE ORDER Page 3 of 3 Pages 2. Provide ninety percent of the cast of eligible utility adjustments as may be required in accordance with policies of the State Department of Highways and Public Transportation. 3. Provide ninety percent: of the cost of the relocation of,the railroad's rail and appurtenant facilities west of State Loop 289. 4. Provide relocation assistance as may be determined to be eligible under the Relocation Assistance Program. S. Add the above referenced railroad relocation to Level III of the 1988 10 -Year Project Development Plan. Upon acceptance of the provisions of this Order by the City of Lubbock, IT IS FURTHER ORDERED that the above referenced railroad relocation is hereby added to level III of the 1988 10 -Year Project Development Plan; and the Engineer -Director is hereby authorized to proceed in the most feasible and economical manner with project development to include any necessary agreements. right of way acquisition, utility adjustments, relocation assistance and relocation of the railroad at an estimated cost to the State of $10,800,000. This Order shall become operative upon acceptance by the City of Lubbock; and if not accepted within 90 days of the date hereof, the action herein contained shall be automatically cancelled. Exami d Ld rec Pnded yee: "OZ epu ector Minute Number Date Passed MAY 2 89 No Text