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HomeMy WebLinkAboutC2014-116 - 3/20/2014 - NA • SETTLEMENT AGREEMENT RELEASE OF LIEN AND CLAIMS This Agreement is being entered into by and between SHIRLEY JONES HANDLEY, having an address of 1002 King Arthur, No. 324, Harlingen, Texas, 78550 (hereinafter called"Mrs. Handley"), and the CITY OF CORPUS CHRISTI (hereinafter called "City"), (collectively referred to as "the Parties"). The purpose of this Agreement is for the full and final settlement of all claims between the Parties relating to the property listed below, and release and distribution of funds in the amount of$40,000 (herein after called"Funds") held in escrow by Security Escrow& Title, LLC dba Security Title, located at 5325 Saratoga, Suite 225, Corpus Christ, TX 78413, pursuant to an agreement entitled "ESCROW HOLD AGREEMENT," entered into between Mrs. Handley, City, and Security Escrow & Titled, LLC on 29 November 2011. City, for and in consideration of the payment of the Funds, the receipt and sufficiency of which is hereby acknowledged, does hereby release and forever discharge Mrs. Handley, her agents, employees, successors and assigns, and her respective heirs, personal representatives, affiliates, successors and assigns, and any and all persons, firms or corporations liable or who might be claimed to be liable, whether or not herein named, none of whom admit any liability to the undersigned, but all expressly denying liability, from any and all claims, demands, damages, actions, causes of action or suits of any kind or nature whatsoever, which City now has or may hereafter have, arising out of or in any way relating to the following: All taxes, liens, charges, and improvements relating to the property located at 7002 Pyrenees St., Corpus Christi, TX 78412, and described as Lot One (1), Block Three (3), RODD VILLAGE, a Subdivision of the City of Corpus Christi, Nueces County, Texas, as shown by the map or plat thereof recorded in Volume 66, Pages 85-93, Map Records of Nueces County, Texas, including Lien No. 2011007075 filed February 8, 2011, Ordinance 024188, that arose out of previous assessments made for public improvements relating to the Rodd Field Public Improvement District inside the City limits. It is understood and agreed that this payment is made and received in full and complete settlement and satisfaction the causes of action, claims and demands mentioned herein; that this Release contains the entire agreement between the parties; and that the terms of this Agreement are contractual and not merely a recital. Furthermore, this Release shall be binding upon the undersigned, and its respective executors, administrators, personal representatives, successors and assigns. This Release shall be subject to and governed by the laws of the State of Texas. City agrees to withdraw all liens filed against Mrs. Handley or the above listed property related to the assessments described above. The Parties hereby instruct Security Escrow & Title, LLC dba Security Title to release and pay Funds to City upon confirmation this Agreement is agreed to and signed by each party, and a copy of the final signed Agreement has been received by each of the Parties. ACTT! GA/IFMT A(:RFPMFNT 2014-116 :Ms 3/20/14 ty of Corpus Christi INDEXED Shirley Jones Handley This agreement shall be binding upon Mrs. Handley and City, their assigns and legal successors. Each of the Parties agree that this Agreement has been read, explained to, and fully understood by the undersigned. IN WITNESS WHEREOF, the parties have executed this agreement either in person or by their duly authorized officers or agents, effective the date of the last signature below. EXECUTED this ,)-R day of E,A,3_____, 20\'A . Signed: 3',4U, ,4.'/f1-,L Shirley Jones ndley STATE OF-1k..KO.S § COUNTY OF fss: y § ss: `` BEFORE ME, a Notary Public, on this f)--1A day of �r U , 2014, personally appeared Shirley Jones Handley, known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he executed same of his own free will for the purposes and consideration therein expressed. GIVEN UNDER MY HAND AND SEAL of office this OA day of V VO`A.) A.D., 2014. -..14Iii.,,A STEVEN MARTINQ f) 1 rr ' 'o MY COMMISSION EXPIRES �_i 4. 0 .I 11�17u A.■ 'I January 10,2018 i� Notary Public a Commission Expires: SETTLEMENT AGREEMENT RELEASE OF LIEN AND CLAIMS Shirley Jones Handley and the City of Corpus Christi EXECUTED thiscO day of Karr 20 Ill. CITY: CI : CORP . ' T'IBTEXAS • By: l:.L//.;�-_�A�� � Print Name: 17',(2(. t 0 ISCV■ Title: C-141 MA,N.k 1 eY STATE OF Te X&5 § COUNTY OF MktctS § ss: BEFORE ME, a Notary Public, on this Q..0W‘day of f tart , 2014, personally appeared RDACJOL L OLScY' , known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he executed same of his own free will for the purposes and consideration therein expressed. GIVEN UNDER MY HAND AND SEAL of office this day of MarCb1 A.D., 2014. ?o/1kf, ESTHER VELAZQUEZ %�I My Commission Expires Notary Public 05,2014 Commission Expires: 'Ti ,I.%6 Si 3-01C-1 SETTLEMENT AGREEMENT RELEASE OF LIEN AND CLAIMS Shirley Jones Handley and the City of Corpus Christi