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HomeMy WebLinkAboutC2008-159 - 5/13/2008 - ApprovedDEPARTMENT OF ENG'~fNEERIi+~~G SERVICES Property8 Land Act~ulsition Division Master Channel 27 Drainage imps. #2263 -Parcel 1!A REAL ESTATE SALES CONTRACT THE STATE OF TEXAS § § KNOW ALL BY THESE PRESENTS COUNTY OF NUECES § This Contract is entered into by the Calvary Chapel of the Cnastlands, a Texas Nonprofit Corporation, 3001 Rodd Field Rd., Corpus Christi, Nueces County, Texas 78414 (Seller} and the City of Corpus Christi, a Texas home rule municipal corporation, PO Box 9277, Corpus Christi, Nueces County, Texas 78469-9277 (Buyer). 1. Property. Seller for the consideration and under the terms set out herein agrees to grant and 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 "Exhibit A" and shown shaded on the attached and incorporated "Exhibit B." 2 Purchase Price. $65,000 cash 3. Title Insurance. 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 ar adverse claims. The Title Commitment for Title Insurance must be delivered to Buyer within 10 days after receipt of the Contract by the Title Company, with the title insurance policy to be timely issued after Closing. Seller has no obligation to cure Buyer's Title objections, except that Seller is required to execute, file, and record a Release of Liens. 4. Warranty Deed and Closing Costs. After securing the title insurance commitment, Seller must execute a Special 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. 5. Taxes. Seller must pay all taxes related to the Property up to and including 2007. All current property taxes, if any, will be prorated between the Buyer and the Seller for 2008 to date of Closing. The proration is only an estimate and the Seller will be responsible for any shortage when the taxes become due for 2008. 2008-159 ryer deposits $SOOAO with the Title Company as Earnest Money, which M2008-118 05/13/08 Calvary Chapel of the Coastlands ~ch 1 0# 3 f7EPARTMENT OF ENGINEERI~YG SERVICES Property8 Land Acquisition Division Master Channel 27 Drainage Imps. #22fi3 -Parcel 11A will be applied to the balance of the purchase price owing at Closing; Buyer will pay the balance of the purchase price owing at Closing. When the Title Company possesses the executed deed, any other necessary paperwork, and the balance of the cash payment, the Title Company will Close the transaction in accordance with its customary procedure. If Buyer fails to Close on this Contract as set out herein, for any reason other than title defects, Seller is entitled to the Earnest Money as liquidated damages for breach of this Contract. Seller may seek to enforce this Contract by an action for specific performance. If Seller fails to tender an executed deed conveying the Property in accordance with the terms of this Contract, Buyer may seek to enforce this Contract by an action for specific performance. 7. Restrictions on Title. Buyer accepts title to the Property subject to all recorded restrictive covenants and use restrictions, if any, and all applicable City zoning regulatory ordinances, if any. See SALES CONTRACT ADDENDUM, attached and incorporated by reference. Time for Performance. This transaction will be Closed through the Title Company on or before 90 days from the date of Seller's execution of this Contract. Seller gives Buyer possession of the Property by executing the Special Warranty Deed. Seller's execution of this Contract means that Seller has read and understands that this Contract is not binding on Buyer until properly authorized by the City Council and executed by the City Manager of the City of Carpus Christi, Texas, or his designee. Buyer must execute this Contract within 30 days from the date of Seller's execution of this Contract or this Contract is void. 9. Survives Closing. This Contract survives Closing of the sale of the Property and the delivery of the Special Warranty Deed and other necessary documents by Seller to Buyer at Closing, and all terms and conditions remain in effect between Seller and Buyer. 10. Eminent Domain. Buyer is purchasing the Property from Seller under the threat of Eminent Domain. 11 Essential. Time is of the essence in closing this transaction. Executed in triplicate, any of which constitutes an original. 041808 R E S C. Calvary Church 2 of 3 AEPARTMENT OF ENC;tNEER'I1VG SERVICL~S Property& Land Acquisition Division Master Channel 27 Drainage Imps. #2263 •- Parcel 11A SELLER CALVARY CHAPEL OF THE COASTLANDS Signature: Printed Name: ~os~.~4z-- ~ ~ ~~nr Title: __ ~~~d e ~~ ._...... .. _..-- THE STATE OF TEXAS § COUNTY OF NUECES § This instrument was acknowledged before me on _ President of the Calvary Chapel of the ~oastlands, on r „ n ~, LORI A. ZAGHER MYCp6,IM1551oNExPIRES Notary Public ~~,,~~ ~ al] fuarch B, 2411 ~'~f;,~„ 2008 by Roger D. Carver, said corporation. the State of Texas BUYER CITY OF CORPUS CHRIST[ ~ ~ C~ [George K. Noe, City Manager ~ "`- ~ ~ D A[1THUKICt~ ATTEST: ~ ~t>:~c~~. I3 i~ ARMANDO CHAPA, CITY SECRETARY SEC~~TARY Approved as to form thi day of , 2008. Veronica Ocanas, Assistant City Attorney for City Attorney THE STATE OF TEXAS § COUNTY OF NUECES § This instrumentwas acknowledged be Manager of the City of Corpus Christi, [Seal] Notary on said in and for the State of Texas 2008 by George K. Noe, City r ~u~`~'~ ` CONNIE PARI(5 '* ~''.'' MY COMMI98ION EXPIRES l~ '~~~f tdovsmbar 8, 241 i ~~, 041808 R E S C. Calvary Church 3 of 3 SALES CONTRACT ADDENDUM Attached to and incorporated by reference into the foregoing REAL ESTATE SALES COAiTRACT ("Base Form Contract") between Calvary Chapel of the Coastlands, as Seller, and the City of Corpus Christi, as Buyer 1. DISCLAIMER. This Disclaimer is a material and important part of the basis of the bargain; further, its contents have been negotiated and are therefore not incidental or boiler-plate. Buyer and Seller have relatively equal bargaining positions. Buyer agrees to sign a disclaimer at closing confirming these matters. 1.01 Inspections. During the inspection time under the Contract, Buyer has the right and a reasonable amount of time to inspect every aspect of the Property to Buyer's satisfaction, and Buyer intends to actually inspect to Buyer's satisfaction each aspect of the Property considered by Buyer to be a substantial or material factor in Buyer's decision to buy the Property and to complete the transaction. 1.02 Inspectors. Buyer may employ professionals to advise Buyer on every aspect of the Property for which Buyer does not have expertise. Buyer intends to do sa for any material aspects of the Property. 1.03 Reliance. Buyer is not relying on Seller to provide any information on the Property which Buyer has not independently verified; further, Buyer is relying solely upon Buyer's independent inspections rather than Seller's Statements. Any Seller Statements are recognized as pufifwng or opinion; further, if Seller Statements were or are incorrect, their insignificance to Buyer would not constitute misrepresentations of material fact. 1.04 Waiver of Warranties. Buyer waives and disclaims atl express and implied warranties relating, either directly or indirectly, to the Property, including without limitation, matters of title, zoning, platting, building codes, utilities, tax consequences, physical or environmental conditions, availability of access, ingress or egress, air space, .air quality, water, water quality, operating history or projections, impacts from surrounding properties, valuations, governmental approvals, governmental regulations, the value, coladition, merchantability, marketability, profitability, suitability or fitness for a particular use or purpose, the manner or quality of the conlstruction or material incorporated into the Property, the manner, quality, state of repair, or lack of repair of the Property, and the consequences or projection of any of the foregoing. Following Buyer's inspections, Buyer will either terminate the Contract or accept the Property's condition and value AS IS AND WITH ALL FAULTS, such as latent and patent defects; further, Buyer understands that, other than the express warranty in the deed from Seller to Buyer, Seller will provide no express warranties, whether by affirmation, promise, description, sample or otherwise. 1 AS Dangerous Cortditions. Buyer enters upon the Property for inspection purposes at its own risk. Seller is not responsible for Buyer's safety when entering the Property for inspection purposes. Before entering upon the Property for inspection purposes, Seller agrees to notify Buyer, in writing, of any dangerous conditions on the Property posing unreasonable risks of harm actually known to Seller. 1.06 Conse uences of Disclaimer. Buyer understands that Buyer has, by this instrument, agreed to make Buyer's own appraisal of the bargain and to accept the risk that Buyer may be wrong. Furthermore, Buyer may not flame or hold Seller liable if the Property turns out to be worth less than the price paid or if the Property turns out to have patent or latent defects which Buyer has not discovered before closing. 041808 R E S C. Addendum -Calvary Church Sales Contract Addendum Initialed far Identification loy Buyer Seller ~~ Page 1 of 3 1.07 Permits. Buyer is solely responsible far: (a) determining what, if any, permits and like matters are necessary for use of the Property; and (b) taking all necessary steps to obtain any such permits. 1.08 No ~ecial Relationship. The parties' relationship is an ordinary commercial relationship, and they do not intend to create the relationship of principal and agent, partnership, joint venture, or any other special relationship. There are no third-party beneficiaries of this Contract. 2. PROPERTY TITLE. 2.01 Title Obli ate ions. Delivery of a Title Policy in accordance with this Contract is deemed to fulfjll all duties of Seller as to the sufficiency of title required hereunder; however, Seller is not released from the warranties of Seller's Deed. 2.02 Deed. Seller will convey title to the subject Property by Special Warranty Deed. The deed will include the physical condition disclaimers from this instrument and provide that the Property is being transferred to Buyer "AS IS", "WHERE IS", and "WITH ALL FAULTS". 2.03 Title. Grantee-Buyer will have an opportunity to fully review the condition of title based upon the title commitment. The deed will contain these exceptions: (1) All presently valid and effective easements, rights-of--way and prescriptive rights whether of record or not, pertaining to any portion{s) of the Property; (2} All presently recorded and valid oil, gas and/or other mineral exceptions, rights of development or leases, royalty reservations and/or other instruments constituting oil, gas or other mineral interest severances of any kind; (3) All presently recorded, valid and effective restrictive covenants, terms, conditions, contracts, provisions, zoning ordinances and other items, and all other ordinances, regulations and laws of any governmental authority having jurisdiction of the Property; {4) All presently recorded, valid and effective instruments {other than encumbrances and conveyances by, through or under Grantor-Seller) that affect the Property; (5) Standby fees and taxes for the current year and subsequent years, the payment of which Grantee-Buyer assumes; and subsequent assessments for this and prior years due to change(s) in land usage, ownership, or both, the payment of which Grantee-Buyer assumes; (6} the standard printed exceptions contained in the promulgated form of title policy unless provided otherwise herein, and the validly existing additional exceptions approved in writing by Grantee-Buyer and described in Schedule "B" of the Owner Policy for Title Insurance issued to Grantee-Buyer as part of this transaction; however, as for parties in possession, the Property is conveyed with no persons in possession of any part of the Property as lessees, tenants at sufferance, or trespassers. except for tenants, if any, under written leases that are specifically assigned to Grantee-Buyer by a writing signed by Grantor-Seller; and (7) any conditions that would be revealed by a physical inspection and survey of the Property, such as including, but not limited to, any discrepancy, conflicts, or shortages in area or boundary Gnes, or any encroachments, or any overlapping of improvements. 2.04 Recordable Release of Liens. Seller is responsible for executing and filing release of liens. Seller shall prepare and record lien releases, including one lien release for the vendor's lien (if applicable) and another release from the mortgagee for the promissory note and deed of trust. Both releases shall be filed in the county where the property is located in order to nullify any further effectiveness of the promissory note, the deed of trust, and the vendor's lien. 3. INSPECTION PROTECTION. Only to the extent permitted by the laws and Constitution of State of Texas, Buyer will indemnify and hold Seller harmless from all loss, liability, and expenses far which recovery of damages is sought that is found by a court of competent jurisdiction to be caused solely by the negligent act, error, or omission of Seller, its officers, employees, directors, agents, representatives, or 041808 R E 5 C. Addendum -Calvary Church 5aies Contract Addendum Initialed for Identification by Buyer Selter ~ Page 2 of 3 r subcontractors of Seller, or their respective officers, employees, directors, agents, representatives, while inspecting the Property. If Seller and Buyer are found jointly liable by a court of competent jurisdiction, liability shall be apportioned comparatively in accordance with the laws of this state without, however, waiving any governmental immunity available to Buyer under state law and without waiving any defenses of the parties under state law. This section is solely for the benefit of Seller and does not create or grant any rights, contractual or otherwise, tv any other person or entity. The parties agree to advise the other in writing of any known claim or demand against Buyer or Seller related to or arising out of Buyer's inspection of the Property. Buyer waives and releases Seller frnm any claims for property damages and personal injuries or death to Buyer or any of Buyer's representatives, in any manner arising out of Buyer's inspection of the Property. 4. SPECIAL PROVISIONS. 4.02 Reservations of the Mineral Estate. This sale includes only the surface estate, and if Seller owns any portion of the mineral estate, such portion will be reserved by Seller in the deed. 4.03 Wight of p'irst Refusal. At closing, Buyer will grant to Seller a reasonable right of first refusal to repurchase the Property in the event Buyer herein enters an agreement to re-sell the Properly or any portion of it. The terms of the preferential right will be worked out between the patties. 5. MISCELLANEOUS. S.OI Assignment. Buyer may not assign this Contract. 5.02 Con1a'olling_Terms. If the provisions of other parts of the Contract conflict with the terms of this Addendum, then the terms of this Addendum will be controlling. 5.03 Counteroarts. This Contract may be executed in any number of counterparts with the same effect as if all signatory parties had signed the same document. All counterparts are construed together and constitutes one and the same instrument. 5.04 Earnest Money as Condition. The cash or cash equivalent receipt by the Escrow Agent of the Earnest Money, if any, is a condition precedent to the effectiveness and validity of this Contract. 5.05 Successors. This Contract binds, benefits, and may be enforced by the successors in interest of the parties, except as otherwise provided. 5.06 Time. Time is of the essence of this Contract. 041808 R E 5 C. Addendum -Calvary Church Sales Contract Addendum Initialed for iden['dication by Buye Seller ~; Page 3 of 3 11/20/06 Page 1 of 2 Itev. 12/07/2006 Rev. 41/09/2007 STATE OF TEXAS COUNTY OF NUECES PARCEL 11A BEING A 0.383 ACRE (16,b75 S.F.} TRACT OF LAND OUT OF BRANDYWINE SOUTH UNIT 1, BLOCK 1, LOT 2, A MAP OF WHICH IS RECORDED IN VOLUME 57, PAGE 36 OF THE MAP RECORDS OF NUECES COUNTY, TEXAS, SAID BRANDYWINE SOUTH UNIT 1, BLOCK 1, LOT 2 BEING OUT OF LOT 8, SECTION 20, FLOUR BLUFF AND ENCINAL FARM AND GARDEN TRACTS, A MAP OF WHICH IS RECORDED IN VOLUME A, PAGES 41-43, OF THE MAP RECORDS OF NUECES COUNTY, TEXAS, SAID 0.383 ACRE TRACT BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING at a 518 inch iron rod, set, with a plastic cap stamped "MAVERICK ENGR. VICTORIA, TX, BOUNDARY MARKER", for the southeast corner of this tract, same point being on the south boundary line of said Brandywine South, Unit 1, Block 1, Lot 2, same line being the north boundary line of that certain remainder of 8.34 acre tract of land as recorded in Volume 1905, Page 397, of the Deed of Trust Records of Nueces County, Texas, from which a 518 inch iron rod, found, on the west right-of--way line of that certain 120 feet wide dedicated roadway known as Rodd Field Road, same point being the southeast corner of said Brandywine South, Unit 1, Block 1, Lot 2, same point being on the north line of that certain 0.690 acre tract of land described in Volume 2337, Page 334 of the Deed Records of Nueces County, Texas, bears South 61 ° 19'29" East a distance of 455A0 feet; THENCE, North 61°19'29" West (Record =North 60°55'30" West}, with the south boundary line of said Brandywine South Unit 1, Black 1, Lot 2, same line being the north boundary line of the remainder of said 8.34 acre tract of land and the north line of The Vineyards, Unit 2, a map of which is recorded in Volume 62, Page 76 of the Map Records of Nueces County, Texas, consecutively, at 115.00 feet, pass a PK Nail, set, in all a distance of 145.00 feet, to a PK nail, set, for the southwest corner of this tract, same being the southwest corner of said Brandywine South Unit 1, Block 1, Lot 2, same point being the southeast corner of that certain 16.811 acre tract of land as recorded in Document No. 2006031089, of the Official Public Records of Nueces County, Texas; THENCE, North 28°38'05" East (Record ~ North 29°04'30" East), with the west boundary line of said Brandywine South, Unit 1, Block 1, Lot 2, same line being the east boundary line of said 16.811 acre tract of land, a distance of 115.00 feet, to a 5/8 inch iron rod, set, with a plastic cap stamped "MAVERICK ENGR. VICTORIA, TX, BOUNDARY MARKER", for the northwest corner of this tract; ~~u~~~T Parcel 1 IA-Rev.doc Initials ~/~~ 1/2D/46 Page 2 of 2 Rev. 12/47/2006 Rev. Ol /09/2007 THENCE, South 61 ° 14'29" East, leaving the west boundary line of said Brandywine South, Unit 1, Block 1, Lot 2, same line being the east boundary line of said 16.811 acre tract of land, a distance of 1x5.00 feet, to a 518 inch iron rod, set, with a plastic cap stamped "MAVERICK ENGR. VICTORIA, TX, BOUNDARY MARKER", far the northeast corner of this tract; THENCE, South 2$°3$'05" West, parallel with the west boundary line of said Brandywine South, Unit 1, Block 1, Lot 2, a distance of 115.00 feet, to the POINT OF BEGINNING of the herein described tract of land, said tract contains 0.383 acres, mare or less, within these metes and bounds. Bearings are based on the Texas Coordinate System of 1983 (South Tone) and referenced to the monumented west right-of--way line of Rodd Field Road. A survey plat of even date was prepared and is made a part of this metes and bounds description. All references to record data {Record = ***) indicate information as cited in Volume 57, Page 36, of the Map Records of Nueces County, Texas, Maverick Engineering, Inc. s~`~~' :'cM,ig~:~~;lscobar, R.P.L.S. 5630 --~ J . r~ ~.t.''~i~~e~.- I)~cember 07, 2006 -Revised Adjoiner ., _ ' hR~`v~sec3 : ~~t~uary 9, 2007 -Revised Adjoiner PARCEL I 1 A-Rev.doc ~Q 4 A l ~ ice/ ~ ~ ,~ -. FEr \] ~ o) °N z C q~f a a o U q m y as ~ W Q^W $~a ~ „-' L ~ tpJ`~ p~~ N Gy U O 4997 a W hW a= N rys~ Q Z^J ~_ ~N" ..T ~a ~ - r4s.oo (Record = N 8055'30" W) 'The Vineyards ~ Unit 2 I Vol. 62, Pg. 7&, _ M.R.N.C.T. , I I I 60.0' ro ~a b 3 m ~ O b ~ Brandywine South Unit 1 Block 1, Lat 2 Vol. 57, Pg. 36, M. R. N. C.T. (Record Owner: Calvary Chape! of the Coasttands) Porce! 1 tB -~~~ f5' Utility Easement - rc.np. 4orrs~. cvscrrrcn~ ~ Q .- ~I~ .. 't !0' Utility Easement )~ _- (1/0l, 57, Pte. 36, M. R.N.C.T.)_ ~~ 5 61'1929" E-455.00' P Q,8 '~5' Electrical Easement Vol. 1437, Pg. 487, D.R.N.C.T. D k E Development Corporation Remainder of 8.34 Acres aut of Lots 9 & 10, Sec. 20 F.B. & E. F. & G.T. Vol. 1905, Pg. 397, D.T.R.N.C.r Vol, 2337, Pg. 334, D. R. N.C.T. NOTES; 1. Bearings are Based on the Texas Coordinate System of 1983 (south Zone) and referenced fa the monumenfed west right-of--way Line of Rodd Field Rood. 2. Area ~ 0.383 Acres (1 S, 675 S. F.) 3. Temporary Construction Easemenf Area = 0.827 Acres (3s,oor sF) 4. 5/8 inch iron rod set with o plastic cap stomped 'i4tAVERICK ENGR. V/CTORlA, TX, BOUNDARY MARKER" of all property corners, unless noted otherwise. 5. A!! references to record data (Record = *•*) indicate information as cifed in Vol. 57, Pg. 36, M.R.N.GT. 1, Miguel A, Escobar, hereby certify tha# the foregoing mop was prepared from a survey, made on the ground, under my direction and that ,i~~. is true and correct. ~,._ Maverick Engineering~f~lraE;;~~•°~~'°•T'`~'~± '/ ~ ...r '..... ..}• ~I~+ d! Miguel A. E"sc~sar;.~.f'.~:,~i`_"5.~'~z,D°`~~"'~`; Revised Decem~~ ~~~,~~Zf~~r- Ad,~'g~" f ~;~reas Revised January 9, 2(747-•`~~'-;,.~do~ rformafion 3.754 Acres out of " Lots $, Sec. 20 Brandywine South Unit I i f Block 1, Lot 1 Vol. 57, Pq. T ti, M. R. N,C, iD' Utility £asement (Vol. 57, Pg, J6, M.ft N.C.7:) ~~ ~SO' Temp. Consf. Easement L~ S 61 19'29" E_ [T 145.00 ~--~ 111 61"19'29" W =- te17 1 5/8" lrl n Rod Found O dt f Development Corporation 0,690 Acres out of Lots 9, Sec. 20 F.B. & E. F. & G. T. Vol. 2337, Pg. 334, D.R.N.C.T, r AC. S0. f7. Total Tract 12.305 536,006 Acquired J l A 0.383 1 ti, 675 _ 118 0.095 - 4, 125 ~ Remainder 1 i,827 515,205 Parcel 11A MAP TO ACCOMPANY METES & BO UNDS DESCRIPTION: Being a 0.383 acre (1b,675 S.F.) tract of land out of Brandywine South Unit 1, Block 1, Lat 2, a map of which is recorded fi Vol. 57, Pg. 36 of the Mop Records of Nueces County Texas, said Brandywine South Unif 1, t3lock 1, Lat 2 being out of Lot 8, Sec. 2p, Flour Bluff and Encinal Farm and Garden Tracts, a map of which is recorded in Volume A, Pages 41 ~-43, of the Mop Records of Nueces County, Texas. Pro'ect 0527-510 Dote: November 20, 2006 7E1: 361 283 1385 MAVERICK FAX: 361 289 8712 P.D. t3DX 9094 ENGINIBERING. INC. CORPUS CHRISTI, TEXAS 78469 ~~~ ~ ~ ~~