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HomeMy WebLinkAboutC2007-200 - 5/22/2007 - NADd~# 2~~7~26578 Department of Engineering Services Property and Land Acquisitian Divisian RELEASE OF DEED RESTRICTIONS AIVD USE LIMITATIONS THE STATE OF TEXAS § COUNTY OF NUECES § WHEREAS, in July of 1974, the Padre Islar~d Investment Corporation, a Texas corporatior~, deeded 9.676 Acres of land to the City of Carpus Christi, a Texas home rule munici~al carporation, an July 99, 1974, in connection with a contract providing far the construction and operation of a sewage treatment plant (the "Deed"); and WHEREAS, the carporatian formerly known as the Padre Island lnvestment Corporation ~hereinafter called "Padre°} has since dissolved a~d is na longer in existence; and WH~REAS, Asset Development LP, a Texas Limiteci Pa~tnership is Padre's successor entity and rtow owns all af Padre's assets, Asset De~elopm~~t LP is authorized #o execute this release of any af the restrictions or use fimitations from the above-referenced Deed; WHEREAS, the City desires and Asset Development ~P agrees that: as to a certain partion of the 9.676 Acres originally deeded in 1974, more particularly, a tract of land that is 0.116 Acres (5,066.6 SQ.FT.), described by metes and baunds and s~rvey map shown as Exhibit "A", pages 1 and 2, attached and incorparated herein, all use limitations and deed restrictions are reEeased. NOW, THEREFORE: GRANTOR, Asset Development LP, for good and valuable consideration, hereby releases firom the Deed ~led in Nueces County De~d Records, Dacument Na. 937470, Volume 1487, Pages 201-209, executed on Feb 19, 197'4 (the "Deed"), in which Grantor Padre lsland Investment Corporation, deeded to the City of Corpus Christi a certain tract of lan~ in Nueces Cour~ty, Texas described in the Agreement as Point Tesoro Unit 5 Subdi~ision, land aut of Lot 2, Block 2, Paint Tesaro Unit 5, as shown on Map recorded En Volume 38, Pages 32-33, Map Records of Nueces County, Texas. Mare specifically, this instrument releases fram that certain 0.1'i6 Acres tract the #ollowing restrictive language (found on the first page of the Deed, paragraph 3, sections 1& 2): "9. The grant herein is specially limifed for so long as the Cify continu~s to use the Property for the construction, operafion and mainfenance of the sewage treatmenf facrlifies provided for in the Contracf; and 2. Upon the occurrence of eifher fhe evenf specified rn Paragraph ! of fhe Confract, fhe City shal! convey the Property fo Padre, its successors and assigns as therein provided. A 2047-200 ~5~2~~d~ Page 1 of2 Asset Develapment LP Grantor hereby releases said encumbrance and any other use limitatio~s to said tract of land described abo~e. GRANTOR: E. PAUL SCHEXNAILDER, Individually, and as DEVELOPMENT LP, a Texas limited partners#~ip ISLAND INVESTMENT CO ORATION. By: i . aul Sc xn er ndividuall ASSET DEV OPM T LP By: ~l c ' ,~ E. ul Sche ail r eneral & ana ng Partr~er Genera[ and Managir~g Partner of ASSET and successor in interest to the PADRE Date: ~~ O Date: ~~ ~' THE STATE OF TEXAS § COUNTY OF NUECES § This instrument was acknowledged befare me on the ~~ay of by E. Paul Schexnailder, who swore under oath to be fully aut~ ' d and stated ~ EUSEBIO (iAF32P~ II! MY COM1r113510N FJ(P4RES Fedn~ary i4, 2oos O ary Public in and ~ ~ Appro~ed as ta I gal form 21- ay-07 For City Att ` By: Veronica Ocanas Assistant City Atto~ney ACCEPTEp BY GRANTEE: CITY O~ CORPUS CHRISTI By: [:~~- Date: ~ .~ ] n~ R. Escobar, P.E., Director Department of Engineering Sen+ices ~' , 2007, the capacity State of Texas This instrument was acknowiedged before me on the ~day of , 2007, by ~1nge! R. Escobar, P.E., Director of Engineering Services, acting on behalf he City of Corpus Christi, in the capacity stated. ,N~,~ EUSEBiQ GAFiZA NI ~~ := MYCOA4MI551QNf%PIAES Notary Public in and for State of Texas Fetruary 14, 2009 Page 2 of 2 MARYANNE'S WAY - FINAL PI-CC POINT TES4R4 - UNIT S STATE 4F TEXAS COUNTY OF NUECES BEING a tract of land containing 0.116 Acres (5,066.6 SQ.FT.) of land o~t of Lot 2, Block 2, Padre Island Corpus Christi, Point Tesoro Unit 5, as recorded in Voiume 38, Pages 32-33 af the Map Records of Nueces County, Texas. This O.X16 Acre tract being more particuIarly desc~-ibed by metes and bounds as follows: _ COMMENCING at the southeast corner of Lo# 2, Block 2, Padre Island Corpus Christi, point TESOro Unit 5 as recorded in Volume 38, Pages 32-33 of the Map Records of Nueces County, Texas; THENCE N88°43'30"W along the north right-of-way line o#'Whitecap Baulevard, a distance of 203.$6' to The Point of Beginning of this easement, a Set 5/8" Iran Rod with Plastic Cap stamped "City of Corpus Christi, Texas", being #he southeast corner af this tract; THENCE NS$°43'30"W continuing along tl~e narth ri~ht-of way line of Whitecap F3oulevarc~, a distance af 7Q.lb' to a Set 5/8" Iron Rod with Plastic Cap stamped "City of Corpus Christi, Texas", b~ing the southwest corner of this tract; THENCE N55°00'46"W tl~zough said Lot 2 a distance af 39.39' to a Set 5/8" Iron Rod with Plastic Cap stamped "City of Corpus Christi, Texas"; THENCE N34°59'S7"E contanuing through said Lot 2 a dis~ce of 58.48' to a Set Dzill Hole on a non-tangent curve concave ~o the northeast having a chord of S67°O8' 16"E a distance of 75.77', being the northwest corner ofthis tract; THENCE along said curve having a radius of 651.62', a arc length of 75.81', and a central angle of Ob°39'S8" to a Set Driil Hole on a concrete bulkhead, being the northeast corner of this tract; -- .._. . . . . _ _ _..._ _. _ - - - -----. . .- - -THEI~IC~ SO1°i6'30"W through said Lot 2, a distance of 42.62' to t.~e PO]NT AND PLACE OF BEGINNXNG and containing 0.116 Acres of land. Bearings are with reference ta the north right-of-way of Whitecap Boulevard as shawrz on plat ofPadr~ Island Corpus Christi Paint Tesoro Unit 5, recorded in Vol~.tme 38, Pages 32-33 of the Map Records of Nueces County, Texas. State of Texas County of Nueces I, Russell Ochs, a Registered Professional Land Surveyor, hereby certify that the foregoing field notes were prepared l~y rne fram a land survey made on the ground under my direction. This the 27T~ day of October, 2046. (Revised ~a,~~ Russe~I D. Ochs State of Texas License No. 5,241 /, 4/09/0 ~ ect acreage) ,~ ~ a ~ ?~~ ~ ~~~~~~9Fp~C~ . RUSSFLi_ ~.. 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Barrera i~ECES Ci]LN~TY, TEXAS City of Corpus Christi P. ~. BOX 9277 Rnyprovisian #~erein rihich restriets the Sale, R ental nr use Depar#ment of Engineering Service ~f the described REAL RROPER~1f becau5e of R~e, Ca1ar~ PROPERTY & LAND ACQUlSlT14N DIV. Reli i~n~ 5ex, iiar~firap, Fa~i~ial 5tatus, ar Nat Corpus Christi Texas 78469-9277 i°~~ ~''gi" , is invalid and unenforceable under FEi1~RAI.i.AY, 3/12/B9.