HomeMy WebLinkAboutContract 36799-CA1 CITY SEGH A
ASSIGNMENT OF TAX ABATEMENT AGREEMEI6j,11pAMr 50�CC`.-( /
This Assignment of Tax Abatement Agreement is made and entered into
by and between Waterview Estates, L.P., Pars Investment, Inc., General Partner
("Assignor") and Woodhaven Custom Homes, L.L.C., ("Assignee") and the City of Fort
Worth, ("City")
RECITALS
A. Waterview Estates, L.P., Pars Investment, Inc., General Partner and the City of
Fort Worth, Texas (the"City") entered into that certain Tax Abatement Agreement
("Agreement") for Property Located 5365 Grenada Drive; Lot 37; Bloch 1; Waterfront at
Enchanted Bay; an Addition to the City of Fort Worth, Tarrant County, Texas, according
to the plat recorded and-filed in Cabinet A; Slide No. 11723, Plat Records, Tarrant
County,Texas ("Property") which is located in the Lake Arlington Neighborhood
Empowerment Zone, such Agreement approved by the City Council of Fort Worth
November 6, 2007, City Secretary Contract Number 36799 ("Agreement'):
B. Section 5 of the Agreement permits Assignor to assign all of its rights under the
Agreement to Assignee, without obtaining the prior consent of the City Council:
C. Pursuant to that certain Special Warranty Deed dated as of July 31, 2007,
recorded under Tarrant County Deed Records, Assignor conveyed the Property to
Woodhaven Custom Homes, L.L.C. and Assignee acquired title to the real
property,which is the subject of the Agreement.
AGREEMENT
NOW THEREFORE, in consideration of the mutual terms and conditions herein
contained and other good and valuable consideration, the receipt and sufficiency of which
are hereby acknowledged, the parties hereby agree as follows:
1. Assignment. Assignor hereby ASSIGNS, TRANSFERS AND CONVEYS all
rights, duties, obligations, title and interest under the Agreement to Assignee.
2. Acceptance._ Assignee hereby accepts the Assignment granted herein, and assumes
all of Assignor's rights, duties and obligations arising under the Agreement.
3. Effective Date. The effective date of this Assignment is July 31, 2007, ("Effective
Date"). All rights, duties and obligations under the Agreement arising, accruing or
relating to the period before the Effective Date are allocated to Assignor and all
rights, duties and oblig ' ns- ansing, fteermM or relating to the period thereafter
shall be allocated to Assi MWICIAL RECORD
CITY SECRETARY
FT. WORTH, TX
4. Release and Surrender of Assignor. Except as otherwise expressly set forth in this
Assignment, Assignor will be discharged from any and all further obligations under
the Agreement as of the Effective Date. Assignor must surrender the Property to
the Assignee on or before 11:59 p. m. on the date prior to the Effective Date in its
present condition. Assignor relinquishes any right to any improvements, fixtures or
equipment on the Property.
5. Representations. Assignor represents, warrants and covenants with Assignee that
as of the Effective Date, that Assignor is not in default under any of its obligations
contained in the Agreement.
6. City of Fort Worth's Consent. City of Fort Worth hereby consents to this
Assignment upon the terms and conditions set forth herein. Unless and until City of
Fort Worth has executed this Assignment, this Assignment is of no effect. The
consent granted herein should not be construed as consent to any further assignment
except as provided in the Agreement. The failure or delay of City of Fort Worth in
seeking to enforce any provisions of the Agreement or this Assignment should not
be deemed a waiver of rights or remedies that City of Fort Worth may have, or a
waiver of any subsequent breach of the terms and provisions therein or herein
contained.
7. Notices. Any notice given by any party to another party hereto must be given in the
manner required under the Agreement. The addresses set forth,below supercede
any addresses for notices set forth in the Agreement.
CITY OF FORT WORTH:
City of Fort Worth
Housing & Economic Development Department
Neighborhood Empowerment Zone Program
1000 Throckmorton
Fort Worth, Texas 76102
ASSIGNOR:
Waterview Estates, L.P.
Pars Investment, Inc., General Partner
3901 Airport Freeway, Suite 200
Bedford, TX 76021
ASSIGNEE:
Woodhaven Custom Homes, L.L.C.
1221 N I-35 E
Carrollton, Texas 75006
2
S. Successors. Except as herein otherwise provided, this Assignment will be binding
upon and inure to the benefit of the parties, and their respective heirs, executors,
administrators, successors and assigns.
9. Counterparts. This Assignment may be executed in multiple counterparts, each of
which, once executed, will be an original and fully-binding on the parties so
executing; and all such counterparts together constitute one and the same
agreement.
10. Binding Offer. This Assignment will be not be binding until executed and
delivered by all three parties.
IN WITNESS WHEREOF, the parties have executed this Assignment as of the
date first above written.
ASSIGNOR: Waterview Estates, L.P., Pars Investment, Inc., General Partner
Signature:
Name: Mchrdad Moayedi
Title: President
ASSIGNEE: Woodhaven Custom Homes, L.L.C.
Signature: �!
Name: Mehrdad Moayedi
Title: Memeber
OFFICIAL RECORD
CITY SECRETARY
FT. WORTH, TX
3
CITY OF FORT WORTH
9
Su-s anls
Assistant City Manager
ATTEST:
"on
Marty Hendrix, Cit Secretary � }� oc° �
APPROVED AS TO FORM AND LEGALITY:
�h tA-
Melinda Ramos
Assistant City Attorney
M& C: C-22514
OFFICIAL RECORD
CITY SECRETARY
FT. WORTH, TX
4
STATE OF TEXAS §
COUNTY OF TARRANT §
BEFORE ME, the undersigned authority, on this day personally appeared Susan
Alanis, Assistant City Manager of the CITY OF FORT WORTH, a municipal
corporation, known to me to be the person and officer whose name is subscribed to the
foregoing instrument, and acknowledged to me that the same was the act of the said
CITY OF FORT WORTH, TEXAS, a municipal corporation, that she was duly
authorized to perform the same by appropriate Mayor and Council Communication of the
City Council of the City of Fort Worth and that she executed the same as the act of the
said City for the purposes and consideration therein expressed and in the capacity therein
stated.
GIVEN UNDER MY HAND AND SEAL OF OFFICE this day of
_mil , 2011.
Ahd. "� :r liNDAM. GER
o ary Public in and for ; My()OM ISSI NE)(PIBEs
' ' = FebWwy 2.2014
the State of Texas -- �
LOFFICIAL RECORD
CR�TARv
RTHS TX
5
STATE OF TEXAS §
COUNTY OF Tl�x-WZA T a §
BEFORE ME, the undersigned authority, on this day personally appeared Mehrdad
Moayedi of Waterview Estates, L.P., a Texas Limited Partnership, Pars Investmennts, Inc.,
General Partner, known to me to be the person whose name is subscribed to the foregoing
instrument, and acknowledged to me that he executed the same for the purposes and
consideration therein expressed, in the capacity therein stated and as the act and deed of
Waterview Estates, L.P., a Texas Limited Partnership, Pars Investment, Inc., General
Partner.
IVEN UNDER MY HAND AND SEAL OF OFFICE this _i day of
2011.
- -e°`"'Yp��s2+ LRURA WAYLANo �
Notary P blic in and far My c july 1 a,20`1 2pires
the State of Texas
STATE OF TEXAS
COUNTY OF
BEFORE ME, the undersigned authority, on this day personally appeared Mehrdad
Moayedi, , of Woodhaven Custom Homes, L.L.C. known to me to be the
person whose name is subscribed to the foregoing instrument, and acknowledged to me
that he executed the same for the purposes and consideration therein expressed, in the
capacity therein stated.
GIVEN UNDER MY HAND AND SEAL OF OFFICE this day of
2011.
LAURA WAYLAND
Notary PAblic in and for a Nay commission Expires
the State of Texas 5 July 14,2012
�qrF OF tE�n
QFFICIAL REC®R®
CITY SECRETARY[
FT.WORTH,YID
6
'mat- Review rnr'V, 1 vs �
Official site of the City of Fort Worth,Texas
CITY COUNCIL AGENDA F0RT 10R7l I
COUNCIL ACTION: Approved As Amended on 11/6/2007
DATE: 11/6/2007 REFERENCE C-22514 LOG NAME: 05ENCHANTEDBAY
NO.:
CODE: C TYPE: NOW PUBLIC NO
CONSENT HEARING:
SUBJECT: Authorize Execution of a Five Year Tax Abatement Agreement with Waterview Estates,
L.P., a Texas Limited Partnership, and Woodhaven Homes, L.P., a Texas Limited
Partnership, Located in the Lake Arlington Neighborhood Empowerment Zone
RECOMMENDATION:
It is recommended that the City Council:
1. Authorize the City Manager to enter into a five year Tax Abatement Agreement with Waterview
Estates, L.P., a Texas Limited Partnership, and Woodhaven Homes, L.P., a Texas Limited
Partnership, located in.the Lake Arlington Neighborhood Empowerment Zone; and
2. Find that the statements set forth in the recitals of the attached Tax Abatement Agreement with
Waterview Estates, L.P., and Woodhaven Homes, L.P., are true and correct.
DISCUSSION:
Waterview Estates, L.P., and Woodhaven Homes, L.P., are the owners/developers of the 118
properties listed in Exhibit "A". This real property is located in the Lake Arlington NEZ and
Neighborhood Empowerment Reinvestment Zone (NERZ No. 16). Waterview Estates, L.P. and
Woodhaven Homes, L.P. have applied for a five-year municipal property tax abatement under the
NEZ Tax Abatement Policy and Basic Incentives (M&C G-14947), as amended. The NEZ Program
offers a five-year municipal property tax abatement on the increased value of improvements to the
qualified owner of any new construction within a NEZ. The Housing Department has reviewed the
application and certified that the property meets the eligibility criteria to receive NEZ municipal
property tax abatement.
Waterview Estates, L.P., and Woodhaven Homes, L.P., will invest a minimum of$15,200,000.00 to
construct 118 single-family homes in the Lake Arlington NEZ. In order for Woodhaven Homes, L.P.,
or any other developer or builder approved by the City Manager or his designee to qualify for the tax
abatement, they must construct homes with a minimum of 1200 square feet of living space with at
least three bedrooms, one and one-half baths and 70% mortared brick which will appraise for a
minimum of$100,000.00. A more detailed description of the homes to be constructed and sample
drawings are attached as Exhibit"B". The Agreement is attached as Exhibit"C".
http://apps.cfwnet.org/council_packet/mc review.asp?ID=8145&councildate=ll/6/2007 05/19/2009
N4&U Keview Page L oT 3
Upon execution of the tax abatement agreement, the total assessed value of each home used for
calculating municipal property tax will be frozen for a five-year period, starting on the date the home is
sold to a homebuyer to be used as a primary residence, at the pre-improvement value as defined by
the Tarrant Appraisal District (TAD) on January 1, 2007, as follows:
Pre-improvement TAD Value of Improvements $ 0.00
Pre-improvement Estimated Value of Land $2,025.00
Total Pre-improvement Estimated Value $ 2025.00
The municipal property tax on the improved value is estimated at $550.00 per house, per year, for a
total of
$2,750.00 over the five-year period for each house. However, this estimate may be different from the
actual tax abatement value, which will be calculated based on the TAD appraised value of the
property..
The tax abatement agreement provides that the agreement may be assigned without subsequent City
Council approval to Woodhaven Homes, L.P., or another builder approved by the City Manager or his
designee or the developer's first mortgage, or to a homebuyer who will use the required
improvements as his/her primary residence, or to the homeowner's mortgagee. All other
assignments must be approved by City Council. The agreement also provides that the failure of the
owner to send the City notification of the sale of the required improvements and the executed
assignment of the agreement with the new owner within 30 days of the transfer of ownership of the
required improvements shall result in the automatic termination of the Agreement.
This property is located in COUNCIL DISTRICT 5.
FISCAL. INFORIVIA"T"IONICERTIFICATION:
The Finance Director certifies that this action will have no material effect on City funds.
TO Fund/Account/Centers FROM Fund/Account/Centers
Submitted for City Manager's Office by: Dale Fisseler (6140)
Originating Department Head: Jerome Walker (7537)
Additional Information Contact: Sarah Odle (7316)
ATTACHMENTS
Continued Exhibit B for M&C.pdf
Exhibit A for M&C.As
Exhibit B for M&C.doc
http://apps.cfwnet.org/council_packet/mc review.asp?ID=8145&councildate=l 1/6/2007 05/19/2009
M&C .Keview Yage 3 of 3
Final TA Agreement for.M&C.doc
Location Map for M&C.pdf
http://apps.cfwnet.org/council_packet/mc review.asp?ID=8145&councildate=ll/6/2007 05/19/2009
I
WATERFRONT AT ENCHANTED BAY
PHASE IA
David Strickland Survey, Abstract No. 1376
City of Port Worth, Tarrant County, Texas
Filed in Cabinet A, Slide No.11723, Plat Records, Tarrant Co., Texas on 02/23/07
I FZ Wert:# Block Lot StreitAddress {' `:Subdiviaidn. AbNwinonts
LA-C-0001-001 1 1 56411 Grenada Drive Waterfront At Enchanted Say Tax Abatement
LA-C-0001-002 1 2 5637 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-003 1 4 5629 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-004 1 6 5621 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-005 1 7 5617 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-006 1 9 56091 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-007 1 10 56061 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-008 1 11 56011 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-009 1 12 5549 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-010 1 13 5545 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-011 1 1 14 5541 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-012 1 15 5537 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-013 1 16 55331 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-014 1 17 5529 Grenada Drive Waterfront At Enchanted Bay___ Tax Abatement
LA-C-0001-015 1 18 5525 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-016 1 21 5513 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-017 1 22 5509 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-018 1 26 54411 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-019 1 27 54371 Grenada Drive Waterfront At Enchanted Say Tax Abatement
LA-C-0001-020 1 28 54291 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-021 1 29 5425 Grenada Drive Waterfront At Enchanted Ba Tax Abatement
LA-C-0001-022 1 30 5421 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-023 1 31 5417 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-024 1 33 5409 Grenada Drive Waterfront At Enchanted'Bay Tax Abatement
LA-C-0001-025 1 35 54011 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-026 1 37 5365 Grenada Drive Waterfront At Enchanted Ba Tax Abatement
LA-C-0001-027 2 1 5640 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-028 2 2 5636 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-029 2 3 5628 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-030 2 4 58081 Grenada Court Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-031 2 5 5804 Grenada Court Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-032 2 6 5800 Grenada Court Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-033 2 7 5801 Grenada Court Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-034 2 8 5805 Grenada Court Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-035 2 9 58091 Grenada Court Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-036 2 10 58131 Grenada Court Waterfront At Enchanted Ba Tax Abatement
LA-C-0001-037 2 11 5620 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-038 2 12 5616 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-039 2 13 5612 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-040 2 14 5608 Thunder Bay Dr. Waterfront At Enchanted Bay ITax Abatement
LA-C-0001-041 2 15 56041 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-042 2 16 5600 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-043 2 17 5572 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-044 2 18 5568 Thunder BayDr. Waterfront At Enchanted Bay Tax Abatement
Page 1 of 3
WATERFRONT AT ENCHANTED BAY
PHASE 1A
David Strickland Survey, Abstract No. 1376
City of Fort Worth,Tarrant County,Texas
Filed in Cabinet A, Slide No.11723, Plat Records,Tarrant Co., Texas on 02/23/07
ivEZw irE #': . Bid Lot Street'Addreim Snbdiwisian Abatemen#s
LA-C-0001-045 2 19 5564 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement
LA-C-000 1-046 2 20 5560 Thunder Bay Dr. Waterfront At Enchanted Bay Tax-Abatement
LA-C-0001-047 2 21 5556 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-048 2 22 5552 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-049 2 23 5548 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-050 2 24 5544 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-051 2 25 5540 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-052 2 26 55361 Thunder Bay Dr. Waterfront At Enchanted Ba Tax Abatement
LA-C-0001-053 2 27 55321 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-054 2 28 5528 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-055 2 29 5524 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-056 2 30 5516 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-057 3 1 5621 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-058 3 2 56171 Thunder Bay Dr, Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-059 3 3 5613 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-060 3 4 5609 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-061 3 5 5601 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-062 3 6 5561 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-063 3 7 65531 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-064 3 8 55491 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-065 3 9 55451 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-066 3 1 10 55411 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-067 3 11 5537 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-068 3 12 5533 Thunder Ba Dr. Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-069 3 13 5529 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-070 3 14 5525 Thunder Bay Dr. Waterfront At Enchanted Ba Tax Abatement
LA-C-0001-071 3 15 5521 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-072 3 16 5517 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-073 3 17 5513 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-074 3 18 5509 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-075 3 19 5505 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-076 3 20' 55011 Thunder Bay Dr. Waterfront At Enchanted Say Tax Abatement
LA-C-0001-077 3 21 54241 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-078 3 22 54281 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-079 3 23 54321 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-080 3 24 54361 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-081 3 25 54401 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-082 3 26 5444 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-083 3 27 5448 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-084 3 28 5500 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-085 3 29 5504 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-086 3 30 55081 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-087 3 31 55121 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-088 3 32 5516 Grenada Drive Waterfront At Enchanted Ba Tax Abatement
LA-C-0001-089 3 33 5520 .Grenada Drive Waterfront At Enchanted Ba Tax Abatement
LA-C-0001-090 3 34 5524 Grenada Drive lWaterfront At Enchanted Bay Tax Abatement
Page 2 of 3
WATERFRONT AT ENCHANTED BAY
PHASE 1A
David Strickland Survey, Abstract No. 1376
City of Fort Worth,Tarrant County,Texas
Filed in Cabinet A, Slide No.11723,. Plat Records,Tarrant Co., Texas on 02/23/07
lei _Dart- # Block .L<ot ,Stre4ttA4aV .V -Siiklidi It1 n' Aba errents'
LA-C-0001-091 3 35 5528 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-092 3 36 5532 Grenada Drive Waterfront At Enchanted Ba Tax Abatement
LA-C-0001-093 4 32 5748 Maui Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-094 4 33 5752 Maui Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-095 5 9 57491 Maui Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-096 5 10 57531 Maui Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-097 5 11 58011 Maui Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-098 5 12 5805 Maui Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-099 5 13 5809 Maui Drive. Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-100 5 14 5813 Maui Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-101 5 15 5817 Maui Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-102 5 16 5821 Maui Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-103 5 17 54281 Saba Drive Waterfront At Enchanted Say Tax Abatement
LA-C-0001-104 5 18 5424 Saba Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-105 5 19 5420 Saba Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-106 5 20 6416 Saba Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-107 5 21 5412 Saba Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-108 5 22 54081 Saba Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-109 5 23 5404 Saba Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-110 5 1 24 5400 Saba Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-111 6 12 5361 Saba Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-112 6 13 , 5365 Saba Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-113 6 14 53691 Saba Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-114 6 15 5373 Saba Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-115 6 16 5368 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-116 6 17 5364 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-117 6 18 5360 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001-118 6 19 53561 Grenada Drive Waterfront At Enchanted Bay Tax Abatement
LA-C-0001 1 M' 5361 Grenada Drive Waterfront At Enchanted i3'a'.. Na`Abatemarit -:
LA=C-040! 1 39 :5357 Grenada.Drive Waterfront At Enchanted Bay N6-Ab6terle'n
LA-C-0.001: 1 36 5369 Grenada Drive' . Waterfront At Enchanted Bay No Abatement
LA=C=0001_, 1 34. 5405 Grenade anvel Waterfront At Enchanted Bay No Abatement'
LA 0 000-f 1 3115413 renada drive Waterfront At Enchanted Bay iVo Abatement' _-
LA=C'-000-4.' t 23 .5505 . Gr6hada Drive,' Waterfront At.Enchanted Bay Na.Abatement
LA70-0001 1 . 24 56D1 Grenada Drive +Naterfrant At Enchanted Bay No Abatement
LA C=Qoo,f 1 25 '6445`Gie'ni&i O'iVe Waterfront At Enchanted Bay No Abatement
LA=C-00o:1' 1 11' '66211 Grenada Drive Wziterfrnnt At Enchanted Bay ' No Abatement
LA=CG000 E ..1 20 6547.``Grenada Drive Waterfront At Eneiza:nted Bay :No Abi� terrient.
L:A-C-000:1:' 1 8 5613 Grerracla Drive 11Vterfrorrf At.Ertcha'rited .Bay..: N:o Abatement
LA-C-0001. 1: 5 5625 Grenada Drive Waterfront At Enchanted Ba ' No.Abattment`.,
LA-G-0001-. 4' 3. ,5633 Grenada—Drive.. W'atertront.At Enchanted-Bay- Na Abatement:
Page 3 of 3
00 32 99
T�47�t Pr1 icall / Recorded Tarrant County Texas
7� 1�0`ff�ic�ial Public Records 2007 Aug 15 04:06 PM D207289441
d Fee:$20.00
�""°''-'� `w✓ YRIGHTSV :4WrtTURALPF..RSC�S`l ,ges
YOU MAY REMOVE OR STRUM ANY OF THE FOLLOWING INFORMATION FROM
THIS INSTRUiMqV0#CftW16 FaM FOR RECORD IN THE PUBLIC RECORDS:
YOUR SOCIAL.SECURITY NUMBER OR YOUR DRIVER'S LICENSENUhUM
SPECIAL WARRANTY DEED WITH VElb OR'S LIED
ate: July 31,2007
G r V]fiW ESTATES,L.P.A Texas Limited Partnership
5 LFSTRIAL BLVD.
C EYVILLEs,TEXAS 76034
VEN CUSTOM HOMES,LLC
S ONS SUITE 400 SOUTH
�75234
Consida
THE SUM Of DOLLARS AND ONE NOTE OF EVEN
DATE THAT S C AL OUNP OF$209,432.00,AND IS
EXECUTED B 0 THE ORDER OF BANK OF
AMERICA,N.A N E BY A DEED OF TRUST OF EVEN
DATE FROM G iVII F.HORD,TRUSTEE.
Property:
BEING LOT 37 BLOCK 1,of W T CHANTED BAY, an
Addition to the CITY OF FOR WO ,T ounty,Texas,according tothe
Plat thereof recorded in Cabinet Sli 723 at Records,Tarrant County,
Texas.
v Reservation from and Exceptions to Conv
co
THIS CONVEYANCE IS EXPRESSLY C SUBJECT TO
ANY AND ALL RESTRICTIONS,COVEN ,CO IO S,
EASEMENTS,ZONING LAWS,REGULA'fI , ES OF
MUNICIPAL AND OTHER GOVERNMENTAL. ,
RESERVATION,INCLUDING BUT NOT L S
PREVIOUSLYRESERVED OR CONVEYED,IF ANY T THE
PROPERTY CONVEYED,BUT ONLY TO THE 17
STILL IN EFFECT AND SHOWN OF RECORD.
Grantor,for the consideration and subject to the reservations do to
conveyance and warranty,grants,sells and conveys to Grantee
together with all and singular the rights aid appurtenances thereto ' an
belonging,to have and hold it to Grantee,Grantee's heirs,executors,
administrators,successors and assigns forever.Grantor binds Grantor 's
heirs,executors,administrators,and successor to warrant and firever de
singular the property to Grantee and Grantee's heirs,executors,adminisirat ,
rr1.
uccessors and assigns against every person whomsoever lawfully claiming or to
aim the same or any part thereof,except as to the reservatias from and
o conveyance and warranty,when claim is by,through,or under
ranto u of otherwise.
is pressl and stipulated that a vendor's lien in the Superior Title are
retafned ag, ' raperty until the note,and all iterest thereon,are fully paid
deco ,effect and reading,when this deed
1 b me olute,provided,however that Grantor hereby assigns Vendor's
Li in S e -tle toBANK OF AMMCA,N.A.
When e e re es,s' ar noun;and pronouns include the plural.
W V1E EST �P.ai Texas limited A partnership
By:P INC.general partner
BY:
Mehrdad o i, t
STATE OF TEXAS
COUNTY OF TA.RRAI+T
The instrument was aclaiowle ed me this {day of
U L 2007,by MEHRAD MOA SIDENT OF PARS
NT,INC.GENERAL OF TERVIEW ESTATES,
L.P.,A TEXAS LD41TED PARTNE OF SAID
PARTNERSHIP.
a ;: OMME LACEY
`• f_ MYCOMMMIONEXPIFIES
kpst ta.2409 N e of Texas
(S
RETURN TO:WOODHAVEN PARTNERS,LTD.
8585 STFIV MONS SUITE 400 SOUTH
DALLAS,TEXAS 75219