Loading...
HomeMy WebLinkAboutContract 33873 CITY SECRETARY CONTRACT NO. SALES AGREEMENT Displacee: Jose&Graciela Palos Subject Property Address: 3502 Columbus Ave.,Fort Worth,TX Subject Property Description: Block 5,Lot 9,Airport Acres Parcel Number: FTW 2113 THE STATE OF TEXAS ) COUNTY OF TARRANT ) 1. In consideration of$ 57,000.00 to be paid, in cash, to Jose & Graciela Palos, hereinafter referred to as "Owner" (whether one or more natural persons or legal entities), and the covenants herein contained, the Owner agrees to sell, convey and transfer, to the City of Fort Worth, hereinafter referred to as "City", all that certain lot, tract or parcel of land and improvements located thereon ("Property') as described in Exhibit A, attached hereto and made a part hereof. 2. This agreement shall constitute a firm offer by Owner to sell the Property for the price and on the conditions and terms herein set forth, but it shall not be binding upon City until the City Council of Fort Worth has formally accepted and approved this agreement in a regular, open, public meeting of the Fort Worth City Council of Fort Worth. Owner agrees that this offer is contingent upon approval by the City of Fort Worth Council 3. Owner agrees to convey the Property to City free and clear of all liens, claims, easements, rights-of-way, reservations, restrictions, encroachments, tenancies, and any other encumbrances (collectively, the "Encumbrances") except the Encumbrances appearing in the Title Commitment (as defined below in Section 4) that are not cured and that are subsequently waived pursuant to Section 4 below ("Permitted Encumbrances"). Owner agrees to convey the Property by a General Warranty Deed in a form approved by City. 4. City shall obtain, at City's sole cost and expense, a Commitment for Title Insurance ("Title Commitment"). If the Title Commitment discloses any Encumbrances or other matters which are not acceptable to City, as determined in City's sole discretion,then City shall give Owner written notice specifying City's objections ("Objections"). If City gives such notice to Owner, Owner shall use its best efforts to cure the Objections. If City gives notice of Objections and Owner does not cure the Objections within thirty days from date Objections are sent from City, then City, in lieu of completing the purchase of the Property under the terms of this agreement, can, at its sole option and election, proceed to acquire same by condemnation proceedings; in such event, Owner hereby agrees to be bound by the award of the special commissioners appointed by the Court in their determination of market value and damages, if any. l FT. WORK TEK. 5. Owner shall be responsible for removing any environmentally hazardous waste products on the Property, including, but not limited to, paint cans, pesticides, any containers with unidentified liquids or solids, oil and gasoline cans, plus any other containers with unidentified substances, from the Property prior to vacating the Property. 6. Real estate taxes for the current year will be pro-rated to the date of closing. All real estate taxes due on the Property for prior years shall be paid by Owner at Closing. City shall pay all the standard closing costs, excluding liens and encumbrances of record which shall be the responsibility of the Owner. 7. This contract is performable in Tarrant County, Texas, in which County venue shall lie. This Contract shall be governed by and construed in accordance with the laws of the State of Texas. 8. The City is purchasing this Property for Meacham International Airport Mitigation Program provided however, this provision shall not be construed as any limitation on the fee simple title to the above property to be conveyed to the City. 9. Owner does hereby expressly grant to the City, its agents, employees, contractors and assignees a Right of Entry under, over and across the Property described in Exhibit A, attached hereto and made a part hereof for all intents and purposes. 10. Special Provisions: (a) Closing shall occur once the Objections to the Title Commitment have been cured by Owner or waived by City and Owner has received"Closing Notice"from City's representatives. The "Closing Notice" shall state the date time and place for closing the transaction. (b) So long as Owner does not choose to remain on the Property after closing, City shall have possession at closing. (c) Owner may remain in occupancy of the Property for fifteen(15)days from the date of closing or ninety (90) days after receipt of"Notice to Vacate" from City that a comparable replacement dwelling is made available, whichever date is later. If Owner is unable to purchase or move to a replacement dwelling within the (90) days from "Notice to Vacate", the City may allow the Owner to lease the herein described Property on a month-to-month tenancy basis, at a monthly rental rate of $590.00, however in no event will the City allow Owner to lease the Property for longer than 90 days. (d) Owner understands and agrees that while Owner remains and occupies the Property after closing date, Owner shall be responsible for all costs associated with (1) maintenance of the Property, (2) all utility charges related to the Property, and (3) maintaining a minimum of $300,000 in general liability coverage to provide protection for personal injury and death, along with renter's insurance to cover Owner's contents. (e) If Owner chooses to remain and occupy the Property after closing, Owner shall provide a certificate of insurance of the type and amount stated in 10(c) at closing to be effective from the date of closing. �Irf 9! CIETAPY 11. This Agreement (including the attached exhibits) contains the entire agreement between Owner and City, and no oral statements or prior written matter not specifically incorporated herein is of any force and effect. No modifications are binding on either party unless set forth in a written document executed by the parties. Executed in multiple originals this, the r�- day of 54, ,2006. Owner I J e Palos Social Security Number 1/v AILD r6Graciela Palos Social Security Number City of Fort Worth APPROlIF^ AS TO FORM ND GALITY: Marc A. O Assistant City Manager ASSIS A AT E� Atteste By: THE STATE OF TEXAS § COUNTY OF TARRANT § Marty H ndrix Citv Secretary BEFORE ME, the undersigned authority, on this day personally appeared Marc A. Ott, known to me to be the person and officer whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed the same as the act and deed of the City of Fort Worth, a municipal corporation of Tarrant County, Texas, for the purposes and consideration therein expressed. GIVEN UNDER MY HAND AND SEAL OF OFFICE, this day of 2006. MY HETTIE LANE COMMISSION 26, 007PIRES Notary Public for and in the State of Texas �t__ CITY RICRET RY Contra L p,ul..iiiJL iyation FT. WORTH, TEX. 3 Date STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, the undersigned authority, personally appeared S D5 c. pJo.S , known to me to be the person whose name is subscribed as OWNER to the foregoing Agreement, and who acknowledged to me that the foregoing instrument was read in its entirety and understood and was executed for the purposes and consideration expressed therein. GIVEN UNDER MY HAND AND SEAL OF OFFICE this day of 2006. L Notary Pu ANN - Notary Public,Stateto of of Texas , i -'- My Commission Expires October 03, 2007 Notary Public for and in a State of Texas STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, the undersigned authority, personally appeared known to me to be the person whose name is subscribed as OWNER to the foregoing Agreement, and who acknowledged to me that the foregoing instrument was read in its entirety and understood and was executed for the purposes and consideration expressed therein. GIVEN UNDER MY HAND AND SEAL OF OFFICE this v2 day of JLt,.e_ 2006. ,NIIIII" ' ;:�""�.�, LETICIA ANN ROJO : Notary Public,State of Texas '-.'. My Commission Expires '`%'. �•'' October 03,2007 Notary Public for an the State of Texas RETURN TO: Fort Worth Meacham International Airport Mitigation Office 4200 N. Main St., Suite 230 Fort Worth,Texas 76106-2749 Attn: Mitigation Program Manager FAX NUMBER: (817)626-2445 xv 4 , �� , YELL, EXHIBIT A ATTACHMENT C LEGAL DESCRIPTION: Lot 9,Block 5 of AIRPORT ACRES,an Addition of the City of FORT WORTH,TARRANT County,Texas,according to the plat recorded in Volume 1792,Page 91,of the Deed Records of TARRANT County,Texas. offit';'Jil I MOWED n ` 0TH, TEX, City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 8/8/2006 DATE: Tuesday, August 08, 2006 LOG NAME: 30MEACHAM 6P REFERENCE NO.: **L-14228 SUBJECT: Authorize the Acquisition of 1110 and 1114 NW 36th Street, 3502, 3406, 3408, and 3410 Columbus Avenue, Fort Worth, Texas, for the Meacham International Airport Noise Mitigation Program (DOE 5101) RECOMMENDATION: It is recommended that the City Council: 1. Authorize the acquisition of six single-family residences (SFR) from the individual owners as detailed below in conjunction with the Meacham International Airport Mitigation Program; 2. Find that the prices offered in the amount of $54,500.00 for 1110 NW 36th Street, $54,00.00 for 1114 NW 36th Street, $57,000.00 for 3502 Columbus Avenue, $53,000.00 for 3408 Columbus Avenue, $73,000.00 for 3410 Columbus Avenue, and $51,500.00 for 3406 Columbus Avenue are just compensation, plus an estimated real estate tax prorated amount not to exceed $8,000.00 for a total cost of $351,000.00; and 3. Authorize the acceptance and recording of appropriate instruments. DISCUSSION: These acquisitions are in connection with the Federal Aviation Regulations (FAR) Part 150 Noise Study for Meacham International Airport utilizing the grant funds of $3,400,000.00 for Land — Noise Compatibility of which $170,000.00 is the City match. On August 24, 2004, (M&C G-14473) the City Council approved the acceptance of a grant from the Federal Aviation Administration (FAA). The formal Grant Agreement was offered to the City on August 22, 2005, and was signed and accepted on August 24, 2005, (City Secretary Contract No. 32232). The grant allows the City to acquire fee simple title or other property interests to tracts of land within the 65 LDN (Day-Night Sound Level), as identified in the Meacham International Airport Noise compatibility Program/FAR Part150 Study. The acquisition amounts are based on independent appraisals together with independent review appraisals that comply with FAA land acquisition requirements. In addition to paying the just compensation amounts as listed below, staff recommends that any weed liens filed by the City on the properties be released up to a maximum of $2,000.00, thereby providing the sellers with the settlement amounts as established. These properties are located in the 65 LDN and are voluntary sales. The land will be cleared of the residential improvements and incorporated into the airport boundary for future development. Logname: 60SOUTHWEST Pagel of 2 The properties be acquired based on the appraised value amounts are as follows: PARCEL SELLER ADDRESS LEGAL PRICE PROPERTY 2101 Estate of Bobbie 1110 NW 36th St. Lot 16, Blk 1 $54,500.00 SFR Wright Airport Acres Addition 2103 Hill, Viola 1114 NW 36 St. Lot 14, Blk 1 $54,000.00 SFR Airport Acres Addition 2113 Palos, Jose & 3502 Columbus Ave. Lot 9, Blk 5 $7,000.00 SFR Graciela Airport Acres Addition 2126 Garcia, Alvaro 3408 Columbus Ave. Lot 17, Blk 4 $53,000.00 SFR Worth Hills Addition 2127 Garcia, Alvaro 3410 Columbus Ave. Lot 4, Blk 15 $73,000.00 SFR Worth Hills Addition 2131 Garcia, Alvaro 3406 Columbus Ave. Lot 16, Blk 4 $51,500.00 SFR Worth Hills Addition Total Just Compensation Amount $343,000.00 Estimated real Estate Tax Amount $8,000.00 Total Estimated Cost $351,000.00 This property is located in COUNCIL DISTRICT 2, Mapsco 48W. FISCAL INFORMATION/CERTIFICATION: The Finance Director certifies that funds are available in the current capital budget, as appropriated, of the Airports Grant Fund TO Fund/Account/Centers FROM Fund/Account/Centers GR14 541100 055218974400 $351,000.00 Submitted for Cid Manager's Office bv: Marc Ott (6122) Originating Department Head: A. Douglas Rademaker (6157) Additional Information Contact: Mark Thigpen (8366) Logname: 60SOUTHWEST Page 2 of 2