HomeMy WebLinkAboutC2005-665 - 12/13/2005 - Approved
Real Estate Sales Contract
THE STATE OF TEXAS S
KNOW ALL BY THESE PRESENTS
COt JNTY OF NUECES S
This Contract is entered into by Johnston Family Investments, Ltd., ofP. O. Box 18279, Corpus
Christi, N ueces County, Texas 78480 (Seller) and the City of Corpus Christi, a Texas home rule
municipal corporation, P.O Box 9277, Corpus Christi. Nueces County, Texas 78469-9277 (Buyer).
Property. Seller for the consideration and under the terms set out herein, agrees to
convey to Buyer the following described property situated in Nueces County, Texas:
The tract of land is described by metes and bounds on the attached
and incorporated as Exhibit A and shown on the attached and
incorporated as Exhibit B. (Premises)
Purchase Price.
$25,000.00
1 Title Insurance. The Seller must provide, at Buyer's expense, a title insurance policy that
guarantees good and indefeasible title to the Property, without exceptions to title other than
the standard printed exceptions and exceptions permitted under this Contract, and that wholly
insures and indemnifies Buyer against any title defects or adverse claims. A reliable title
insurance company or title guaranty company ("Title Company") must issue the title insurance
policy. The title commitment for title insurance must be delivered to Buyer within 30 days
after receipt of the ( 'ontract by the title company, with the title insurance policy to be timely
Issued after Closing,
4 Warranty Deed and Closing Costs. After securing the title insurance commitment, Seller
must execute a General Warranty Deed, drafted in accordance with the provisions of this
Contract, that conveys indefeasible title to the Property to Buyer, and Buyer must make the
cash payment. Buyer will pay all Closing Costs except costs to cure title, which must be
paid by Seller.
" Taxes. Seller must pay all taxes related to the Property up to and including 2004. All current
taxes, if any, will be prorated between the Buyer and the Seller for 2005 to date of Closing.
fhe proration is only an estimate and the Seller will be responsible for any shortage when the
l::np,", ""me' rllH-' f'M 2005. Seller will be responsible for the prorated taxes for 2006 if the
2005-665 )06.
12/13/05
M2005-420
.Johnston Family Investments
E<trnest '\Ilont'" I, (WI del'ilSlh "''>00 \\ ith tilt' I !tlc ( pmp3ny as Earnest Money, which will
)t, lppllt:d t, \ till h~: LU1CI III 111~' plll"chasl: pri"...., )\\lI1g at Clo"lI1g: Buyer will pay the balance
II it.' pLlll!:a".., pn <.:' "\' In!- at \ j,lSlT1g WhcIltheJ Itk {'lmpany possesses the executed
k <I,m' \,~i1l' n:e""1r:, palkl\\llrk, ,mJ lIw halance .t the cash payment, the Title
\ Ilpa!1\ 'I! (io th lLl!h<l\11\111 in aClIlrd:lllcc \\ ith its 'ustomary procedure,
f hl)\T rail, I (
lek'ch, Stl:n "e
'i 'ilracl. Sel ie; m~,
'it' leI' tails ld kndl
,t 11i, (( 'litr;\( 1.
1St >11 ;hI" I dntract as st; \nll hLTein, !()t. any reason other than title
titll'd Ii ;h.... I arnest 'vlpn....\ as liLjuidated damages for breach of this
SClk. 1\ c'Mill"\(: thi" ( 11ntract h) an actlnn fix specific perfom1ance. If
an ... \l'illtt'd ,ll't'd C011\ e) 1I1g the Property in accordance with the terms
U\C II;U',....d I,l ,'I1I(II'U.' thl" ('nntlact hy an action for specific
K' !, lrma[J\1
R{''itrictions on Title. Hu: __T accepts titlt' to the Property suhject to all recorded restrictive
'0 '.'nant, ,tilt! the l"stril tion..;. 1'111\, and all applicable Cit) lOning regulatOlY ordinances, if
III
rime for Performance, I 'liS iral1saction \....ill he ('lo"ed through the Title Company on or
1e ire l)() ela:..; Iron the ,latc III this ('ontracl "-eller gI\CS Ruyer possession of the Property
)\ xec LIt illb tIll' (I, nenl! \\ arr:ml \ I ked
"';C il.T'S L'\l'cutllln f Ih ." { dnt!':.ll'! mcans lhat Sdler has read and understands that this
.( mall ~ IhH bit ling un HlI: CI until properl) authorized by the City Council and
eucuted b:" tht' ( lty Manager of the Ci~ of Corpus Christi, Texas, or his designee,
'll: cr mlht c'\....,.ut, this ('Oiltl':lC! \\ Ithin 60 da\s from the date of Seller's execution of this
( iilralt ,n 'his C('trac I" \ ()!
SUI"\:hes Closing. 1111- { (\ntracl ";Ur\I\CS ( losing 01' the sale of the Property and the
k' '\ er: ,,j th,~ ( len, ral \\arranl) [ked and other necessary documents by Seller to Buyer at
'l'\'ln),.', and .tIller IS amJ d1ndl1l;lf1S remain in clreet bet\h'en Seller and Buyer.
Eminent [)umain. 3u\ I! i" pUI\.'lnsmg tht' Pwrert\ li'orn S,'ller under the threat of Eminent
)('lIai p
Contractor's Permission to Proceed. lhl (\)ntractor is permitted to proceed with
'onstructio[' on 'iU~ ecl Premise... upon e.'\L'cuti'lI1 ()!'this Cnntract by all paJties,
ES'lential. 1111,' I" )1'th,,' e""cnc,' I.n closmg thIS, transaction.
I'\t'l ute in duplicate, any 01 whIch constitutes an original.
Seller
Johnston ~ily Investments, Ltd.:--
, ------
By:_
Name:
Title:
. ~- -\ ,-;:
~-t ~\~, -;""'r=_
. ~ '~h ,~\,t'\ \~. ~h~\i i:.\-(~V'
,- . \~'
1_\ ............."'_:'-L. !
THE STArE OF TEXAS
('OUNTY OF NUECES
s
s
1-1' ~ / /
}his instrurn,ent~ ,cknowledged be~ore me?n /t~~ 'I /VUJ 1? /"y! O~ ,2005 by
~'- __~.., ",;' /) /f,~ "# Iv I'; (- _, ,I <: /~1 ,
ofJohhston Family Investments, Ltd, on behalfofsaid,PIW:51?;U H-,t(IIy.:J4;tlQS-j?T/<L~ /, 'kl
rgj~
State of Texas
I Seal]
Buyer
CITY OF CORPUS CHRISTL TEXAS
ATTEST.
\RMANDO CHAPA. CITY SECRETARY
(Yl ~~~:f~_... .~LI; r;Ui\l...
~'f OOUNCIL ...,_.._!.!d.~!_? 5..
N-
, . -_.........................,...-/7
c;'-r~r:~-M"/ tic.--
/~.~=
! (
-~- ..--'- --.. ...----. .~----
APPROVED AS TO LEGAL FORM THIS
-/
" f
DAY OF
/7/) ~.a..., ~ /' ,2005.
MAR Y KAY FISCHER. CITY ATTORNEY
By: - -ASSr.~ c{tJ~mey
fHE STATE OF TEXAS ~
COUNTY OF NUECES ~ ~
[his instrument was acknowledged before me on ~.' , iJ?<" V jD , 2005
by George K. Noe as City Manager of the City of Corpus Christi, a Texas municipal corporation, on
behalf of said corporation_
L~P~~
Notary Public in and for the State of Texas
[Seal]
I tS'V Pu. 11
ci-~ ~ Connie Parks ~
I~.. ~.. ~ My CommisSion Expires
L"~Of~~ November 09. 2007
g:
URBAN
ENGINEERING
Job No. 33760.A2.05
February 7, 2005
Rev: March II, 2005
Revised: Sieptember ~O, ~005
(~,(>354 1 (
,:) sex ('355 . :::CRPUS CHRISTI. TEXAS 78466-6355
FAX (361 )854-600 1
EXHIBIT A
TRACT 532
STA I E OF TEXAS
COL \!TY OF NUECES
Fieldnotes for a utility easement being all of Lot 8, Block 2, Kingswood Addition, a map of which is recorded in
Volume 29, Page 30, Map Records of Nueces County, Texas and being the land described in deed recorded in Document No.
2003052071 and Document No. 2004045572, Official Public Records ofNueces County, Texas; said utility easement being
further described as follows:
Beginning at a point on the southeast boundary of Lot 29, Section 52, Flour Bluff and Encinal Farm and Garden
Trach. a map of which is recorded in Volume A, Pages 41 thru 43, Map Records ofNueces County, Texas, for the west
comer of said Lot 8, from which Point of Beginning a National Geodetic Survey monument stamped "SS-I 00" bears North
67' ] "0)" West 3'1,936.87 feet and another National Geodetic Survey monument stamped "SR-070" bears North 51039'58"
West .~.586.26 feel:
Thence, North 28031 '39" East, along the southeast boundary of said Lot 29, same being the northwest boundary of
said ot 8, a distance of 109.00 feet to the north comer of said Lot 8 and of this tract;
Thence, South 83046'27" East, along the north boundary of said Lot 8, a distance of 127.14 feet(Plat=120.00 feet)
to the beginning of a non-tangent curve to the left, whose radius point bears Soutb 70046 '0 I" East, a distance of 48.00 feet,
and having a central angle of 59041 '2..1" (plar=59"4()'59"). a radius of 48.00 feet, a tangent length of27.54 feet and an arc
length of 50 00 feet:
Thence, along said curve to the left, an arc length of 50.00 feet for the north comer of Lot 7, said Block 2,
Kings wood Addition, same being tbe east comer of said Lot 8 and of this tract;
Thence, South 78026' IT' West, along the common boundary of said Lots 7 and 8, a distance of 186.64 feet
(plat 186.72 feet) to a point on the south boundary of said Block 2, forthe west comer of said Lot 7, the south comer of said
Lot 8 and for the south comer ofthis tract:
Thence, North 61028021" West, along the south boundary of said Block 2, a distance of 5.00 feet to the Point of
Begmning and containing 11,056.61 square feet of land.
Bearings based on GPS bearings, NAD83, Texas South Zone. National Geodetic Survey monuments "SR-070"
(North coordinate 17,123,255.1563 East coordinate = I ,358,946.5964) and "SS-IOO" (North coordinate = 17,127,465.3284
East coordinate = I ,338,023.3238) were used as control points for establishing basis of bearing. Coordinates shown are based
on I exas State Plane Coordinate System, South Zone (NAD83).
-~OF~
'. .';: 'r;;..,.......IJ::--t9""'
I' At;'.. ST .,'.... v
;-'." .':'-.GI ~fT ". ~
I' ~.., 0:<-- * ~O"':tP
. .
. .
........... ................:....
.JUAN JOSE SALAZAR C>
~... :.::: ....49.6.9..~.:.:..J)
"" (,,;,'~s~,:..., ~
11~.......... /\ VII
'--<:.'Us ....
URBAN ENGINEERING
~ ~. ,6.Q"bM
Juan J. Salazar, R.P.L.S.
License No. 4909
',Eng.:"'J)ata Sur.,'eVJn~IJ,760_ \2(IS\PHASF: "F:\i-EXHTBITS\l i760A20S-p.,j.TR512 doc
Page I of I
27,') S\V.'NH[R :::, . cor<pus CHRISTi. TEXAS 78404
r"'""'-'i!Q;; ,d-"nnnn/""1 ~____...........
!
I
I
Loi 29, Section 52
Flour Bluff and Encinal Farm
and Garden Tract.
Vol. A. Pge. 41-43, Map
... Record. of Nuecee County, Texa.
Oz ,
z~
5!li I
~~ I
" .
~:I:
g - I
,.t/l
!Qt/l I
.ll:
0;" I
c:J~
, I
I
N2
I_~_ _ _ _ _ _L_ ~ U.E._ _ ___
"
"
"
"
"
" ~
l "" ~Cj.. 'q,~ <0.-
1"1 /'~ ~ ~.-t~~<1
I DC' "-'e..~~ ~"'b-~
" 0.... c" ~..() ~.
'" '- 'qf'. ~ .. ~ ~o:: 'If
I "- ~6'~ 0.. ~ ~ ~
\i \S'~ / '\.... ~:~ 't-,; ~q,
.--..... ~ '\ v~ ""?", ~ i>
~.p~ 6' '\ " "," . /'.
I Cj..o:: 'q,~ <0.- ?~ ). ""CJ ~Q.
I "'.~..> ('\
0..... ~d)~ . <2 ~. '\
I ~. ..()~ rq,.~~ \ '\
I ~ ~ ~o:: 'If \,($' '4- '\
I .. ~~~ ct;<S'_ (~ '\ 'I
c:q; ~q, ~; " '\ /' crJ
I ~~~ /'/ .....'0'
I . ~ <:P....". /' '\
I ~ . "-
I '" / '\
'\
\
f ~ ...
ii~ ;~
a.,,<,.. 51:)
I.. %"'1:0 II)~
'-""c:"..... ~~
o . 0.... ~:I:
R "'Uo. g '"
~; ~ r ~~
~. c' CD-o 8-~
:J1:g:.....o ,"
"0- \Os-
~'Of 5"..
- ~
(J). -i 0 5" 0
o ~ \O-
S
.
/
I
:::u ::!l
~ 2
~< ."
.~ 9!,:::U
o >~~a~
-. a
~.ci'a.~ ~~
~,.!a. ~
I........~~-o
.....,o..g
(,)lg5'o~
2~;-e.~g
~. ,,01
~~ ~j')g,
-f'C
~ a
a ~
. Q.
:::u:::u:::u
~~~
000
"'""CO
~~~
....COO
~........,
,..00
..,. UI UI
Op.J-i!C:
Iii 2 8~ n~
0 ~~... "3':;
I ":< p.J ii'~
~ ~~~ ....
)( - ~ ~
~1:~.~[T1 C ~ ~ali~..
'" 5" 0. '"
~I'uz '" 0.", :t;
~I~,~D .. ~~:r!!.
g g" '"
<'"
> i',[T1 m "T1 3 g2.o
p.J" I " !o.c=
01 rl ~ ... 30
jl'~~ -< 0.'"_
~INr
:;- . ~ CDO ~
>- ...L_ a p.J " -
J<lC) 88.~.!JI
I \ . 3
'f' ~.j ! ~5"~ !!! ~
~; s; ~a.lS~
~ c UlI_
> r ;jQ.i::.f'3 ~
r.t ~ . Q
0"-0'"
iii % 3i ~ ;o,g
~ p n~....
-0.0_
,/ 0 !!.:t~8
~ N ;0 0.
> I ~5""a.
0 ~cs-~
e '" 0
VI ....t ~g~~
...,
Q. "" · N 2.3~g
g)
.I 0 ~8 z~l:~
~ c-
qUI ~ z03
..920
8 II "'-0
-72,
1-100e
I ..
40.00'
,...c
.....z
I'TI
Z
~aJ
~i
NZ
.....C)
c
~~
o
I'TI
9/Clj 200S 9:57:40 I\M JJS
so. 00'
v.:~~~IZNl1l
)> ;o'--OS!~
....lJl......,~.;:O.... $
,.,,~c:"......u;:;:f. z
";oIl)"$D "
r-~O>",oZIll
:>>-Z"'(]I..~>
z~ou~ =aJ
rTl >p.J", 0>
o 1Il000CDO%~
go "O>z>o
52o~..)>r
~~S!II):;:;t~~
z~:il-iZ'8"
)> >000 "'tl
;:;t;:;t.... 52 .::.j ~ III
<n1l)~~~~OlJl
-<IIlZQ~ulll~
"'X-iZ - C;o
;:;to"'>8t;;~z
!= I"'M;~ ~ ~
<n>!il. ~~I::'
g~.....-;o",o~
-i "''''.... %0
:rlJl>lii:::l:~C:D:l
N~l1l. Oll)~."'.
orTlco52....z
~o~~~ovlQ
~oz~QQ .J>
ZZ"",Z~VIV1
~;:;tlJl.e~~1'1I)
e><~ >~g
~~V1 I M~X
,...,
-0
0"
'jj
t/l
CD
~
ui
-5