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HomeMy WebLinkAboutContract 38617-CA1Date Received: 3/31/2023 Time Received: 8:53 a.m. Record Number: PN22-00171 C City Secretary Number: 38617-CAl PARTIAL ASSIGNMENT AND CONSENT OF ENCROACHMENT AGREEMENT City Secretary Contract No.38617 THIS PARTIAL ASSIGNMENT AND CONSENT OF ENCROACHMENT AGREEMENT ("Assignment") is made and entered into as of the 29th day of July, 2022, by and among the CITY OF FORT WORTH, a Texas home -rule municipal corporation (the "City"), MUSEUM PLACE FLATIRON BUILDING, LTD., a Texas limited partnership ("Assignor"), as successor in interest to Museum Place Group 1, Ltd., a Texas limited partnership, and VANTAGE BANK TEXAS, a Texas state bank ("Assignee"). (Sometimes City, Assignor and Assignee are referred to individually as a "Party" and collectively as the "Parties"). WITNESSETH: WHEREAS, the City entered into that certain Easement Encroachment License Agreement, City Secretary Contract No. 38617 (the "Encroachment Agreement") with Assignor, Museum Place Holdings, LLC, Museum Place Block C, Ltd., Museum Place Block B, Ltd., and Museum Place Block A, Ltd., as the owners of a certain leasehold interest in real property known as the Museum Place Development, as more particularly described in the Encroachment Agreement ("Overall Property"); WHEREAS, the Encroachment Agreement, filed on June 4, 2009, as Instrument No. D209150097, Real Property Records, Tarrant County, Texas, is attached hereto as Exhibit "A" and incorporated herein by reference as if set forth in full; WHEREAS, Assignor has sold its interest in a portion of the leasehold interest in the Overall Property known as 3131 West 7th Street (previously known as 3100 Camp Bowie Boulevard), Fort Worth, Texas 76107 and identified as "BLOCK B 1" on Exhibit "A" of the Encroachment Agreement (now known as Lot AR, Block 1) ("Block B1"), to Assignee on July 29, 2022 as evidenced by an Assignment and Assumption of Ground Lease recorded as Instrument No. D222190643 in the Real Property Records of Tarrant County, Texas; and WHEREAS, in connection with the conveyance, Assignor desires to assign to Assignee all of Assignor's right, title, and interest in and to the Encroachment Agreement to the extent the Encroachment Agreement covers Block B 1, but not with respect to any other property covered by the Encroachment Agreement. AGREEMENT: NOW, THEREFORE, for and in consideration of the above and foregoing premises and the mutual covenants, terms, and conditions herein contained, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties hereby agree as follows: 1. Assignor hereby assigns, transfers, and conveys to Assignee all of Assignor's right, title, and interest in and to the Encroachment Agreement to the extent the Encroachment Agreement covers Block B 1. CSC No. Consent to Assignment Encroachment Agreement OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX 2. Assignee hereby accepts such assignment and assumes and agrees to perform the obligations of Assignor arising under the Encroachment Agreement to the extent the Encroachment Agreement covers Block B 1 following the Effective Date. 3. Assignor hereby indemnifies and holds harmless Assignee from and against any claim, liability, loss, cost, or expense (including, without limitation, reasonable attorneys' fees) resulting from Assignor's failure to perform any of the obligations of Assignor under the Encroachment Agreement (i) on or before the Effective Date, and (ii) pertaining to any property covered by the Encroachment Agreement other than Block B 1 after the Effective Date. Assignee hereby indemnifies and holds harmless Assignor from and against any claim, liability, loss, cost, or expense (including, without limitation, reasonable attorneys' fees) resulting from Assignee's failure to perform any of the obligations of Assignee under the Encroachment Agreement pertaining to Block B 1 after the Effective Date. 4. Assignor has full right, power, and authority to enter into this Assignment, to make the representations set forth herein, and to carry out Assignor's obligations hereunder. Assignee has the full right, power, and authority to enter into this Assignment, to make the representations set forth herein, and to carry out Assignee's obligations hereunder. 5. The effective date of this Assignment shall be the date of its execution by the City (the "Effective Date"). All rights, duties, and obligations under the Encroachment Agreement arising, accruing, or relating to the period on or before the Effective Date are allocated to Assignor. All rights, duties, and obligations arising, accruing, or relating to the period after the Effective Date (i) pertaining to Block B 1 shall be allocated to Assignee, and (ii) pertaining to any property covered by the Encroachment Agreement other than Block B 1, shall be allocated to Assignor. For the avoidance of doubt, Assignor shall be responsible for the removal of any City lien imposed on Block B 1 arising out of Assignor's failure to perform under the Encroachment Agreement. 6. Except as otherwise expressly set forth in this Assignment, Assignor will be discharged from any and all further obligations under the Encroachment Agreement as to Block B 1. Assignee will have no obligations under the Encroachment Agreement except to the extent the Encroachment Agreement covers Block B 1. 7. Assignor represents, warrants, and covenants with City and Assignee that as of the Effective Date, Assignor is not in default of any of its obligations contained in the Encroachment Agreement. 8. City hereby consents to this Assignment upon the terms and conditions set forth herein. Unless and until City has executed this Assignment, it is of no effect. The consent granted herein should not be construed as consent to any further assignment. The failure or delay of City in seeking to enforce any provision of the Encroachment Agreement or this Assignment shall not be deemed a waiver of rights or remedies that City may have or a waiver of any subsequent breach of the terms and provisions therein or herein contained. 9. Any notice given by any Party to another Party must be in writing and shall be effective upon receipt when (i) sent by U.S. mail with proper postage, certified mail return receipt CSC No. Consent to Assignment Encroachment Agreement requested or by a nationally recognized overnight delivery service, and (ii) addressed to the other Party at the address set out below or at such other address as the receiving Party designates by proper notice to the sending Party: City Development Services Department 200 Texas Street Fort Worth TX 76102 Attention: Director Assignor Museum Place Holdings, LLC 2918 Wingate Fort Worth, TX 76107 Attn: Richard Garvey and Reece Pettigrew With a copy to: Brackett & Ellis, PC 100 Main Street Fort Worth, TX 76109 Attn: Russell Norment Assignee Vantage Bank Texas 45 NE Loop 410, Suite 500 San Antonio, TX 78216 Attn: Patty Terry With a copy to: Kelly Hart & Hallman LLP 201 Main Street, Suite 2500 Fort Worth, TX 76102 Attn: Chad Key and Teddy Boschini 10. Except as herein otherwise provided, this Assignment will be binding upon and inure to the benefit of the Parties and their respective successors and assigns. 11. Assignee shall cause this Assignment to be filed of record at Assignee's expense in the Real Property Records for Tarrant County, Texas. 12. All terms and conditions of the Encroachment Agreement not amended herein remain unaffected and in full force and effect, are binding on the Parties, and are hereby ratified by the Parties. Capitalized terms not defined herein shall have the meanings assigned to them in the Encroachment Agreement. CSC No. Consent to Assignment Encroachment Agreement 13. This Assignment may be executed in multiple counterparts, each of which shall be deemed an original, and all of which, when taken together, shall constitute one and the same document which may be evidenced by one counterpart. [SIGNATURES APPEAR ON FOLLOWING PAGES] CSC No. Consent to Assignment Encroachment Agreement ASSIGNOR: MUSEUM PLACE FLATIRON BUILDING, LTD., a Texas limited partnership By: Museum Place Flatiron Building GP, LLC, a Texas limited liability company, its general partner By: 6- Nanle-: Richard F. Garve Title: President STATE OF TEXAS § COUNTY OF TARRANT § lye eb�����y This instrument was acknowledged before me on this the day of 2023 by Richard F. Garvey, President of Museum Place Flatiron Building GP, LLC, a Texas limited liability company, as general partner of Museum Place Flatiron Building, Ltd., a Texas limited partnership, on behalf of said limited partnership. Notary Public, State of Texas [NOTARIAL SEAL] ...... :P;e''• BARBIE L. LEWIS :•: My Notary ID # 1063048 Expires July 24, 2024 •'.f OF �.� CSC No. Consent to Assignment Encroachment Agreement ASSIGNEE: VANTAGE BANK TEXAS, a Texas state bank i STATE OF TEXAS COUNTY OF TARRANT his i ent was acknowledg bf e e on this the _ day of r u , 2023 by (/� , as V , __L of Vantage Bank Texas, a Texas state bank, 6 behalf of sad state bank. Notary Public, State of Texas [NOTARIAL SEAL] 1*PY PGB DORIS REILLY Notary Public * State of Texas Nf9ffOF Py ID # 3548799 My Comm. Expires 03-07-2026 CSC No. Consent to Assignment Encroachment Agreement APPROVED AS TO FORM AND LEGALITY: CITY OF FORT WORTH 9e�e�-�S�Ge;rzsaG� � Jeremy Anao-Mensah for (Mar 15,202312:35 DT) DJ Harrell (Mar 23, 202315:20 CDT) FWBC Sec. 3210 DJ Harrell, Director Thomas Royce Hansen, Assistant City Attorney Development Services Department City Attorney's Office Date: Mar 15, 2023 4.p44bdn�� poi FORA Ila �� o o0Y dd Od p�o °9.Id d v°oo o °=P ATTEST: p°o'�o 00000000 Jannette Goodall City Secretary (M&C not Required) Date: Mar 31, 2023 Date: Mar 23, 2023 Contract Compliance Specialist: By signing I acknowledge that I am the person responsible for the monitoring and administration of this contract, including ensuring all performance and reporting requirements. Rebecca Diane Owen Rebecca Diane Owen (Mar 15, 2023 12:38 CDT) Date: Mar 15, 2023 Rebecca Owen Development Manager OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX Encroachment Assignment Agreement Page 5 of 8 Rev 04/2020 STATE OF TEXAS COUNTY OF TARRANT This instrument was acknowledged before me on March 23rd , 2023 by DJ Harrell, Interim Director, as the Director of the Development Services Department of the City of Fort Worth, a Texas municipal corporation on behalf of the City of Fort Worth. Wendy L. Digitally signed by Wendy L. Bea rdslee Beardslee Date:2023.03.30 13:38:38-05'00' O�QRY pcW E N D Y L B E A R D S L E E Notary Public, State of Texas z Notary Public * STATE OF TEXAS Notary I.D. 13323719-3 My Comm. Exp. July 28, 2025 Encroachment Assignment Agreement Page 6 of 8 Rev 04/2020 Exhibit "A" to Assignment and Consent of Encroachment Agreement Copy of Encroachment Agreement [see following pages] CSC No. Encroachment Agreement Consent to Assignment OI'f `( SECRETAF'y eNIY,-,AC,TO ENCROACHMENT AGREEMENT STATE OF TEXAS § COUNTY OF TARRANT § THIS AGREEMENT is made and entered into by and between the City of Fort Worth, a municipal corporation of Tarrant County, Texas, acting herein by and through its duly authorized Planning and Development Department Director, hereinafter referred to as the "City", and Museum Place Holdings, LLC; Museum i Place Group 1, Ltd. (by Museum Place Group 1 GP, LLC, its General Partner); Museum Place Block C, Ltd. (by Museum Place Block C GP, LLC, its General Partner); Museum Place Block B, Ltd. (by Museum Place Block B GP, LLC, its General Partner); and Museum Place Block A, Ltd. (by Museum Place Block A GP, LLC, its General Partner) hereinafter collectively referred to Grantee(s), Owners of the property known as the Museum Place Development as shown on the attached Exhibit WITNESSETH: 1. For and in consideration of the payment by Grantee of the fee set out below and the true and faithful performance of the mutual covenants herein contained, City hereby grants to Grantee(s) permission to construct/ install and/or allow to remain, Improvement(s) ("Improvement") that encroaches upon, uses and/or occupies portions of the space under, on and/or above the streets, alleys, TARRANT - TTS, TX DocumentMocument - Year.Doc1D 2009.150097 Page-.1 of 25 Printed on:4/8/2022 1:08 PM sidewalks and other public rights -of -way, such Improvements) are described as follows: ��yGl�� /�7,tl.vlu� k/.Bfi�-I, �a•v�fTt� �•L�'rZr G/�71f/ �i%Ov�i�`—'� Gric�7� S•C%fl7r,dt.c, 3` w !/7l � ��-c-a��' c7��i/4 �6� r J Gd.zic-��Ti� GIJ�Q L �� ��� Y�1.'t Tif'�.��1�+ �✓r_ d • r ��S��7z��,crrl o�✓ S�rr�n s .E),c�'a +�4�zP��7i� , ST�ZvG Ott bra ��c _ The location and description of said Improvement and the encroachment is more particularly described in Exhibit "A", attached hereto, incorporated herein and made a part hereof for all purposes. 2. All construction, maintenance and operation in connection with such Improvement, use and occupancy shall be performed in strict compliance with this Agreement and the Charter, Ordinances and Codes of the City and in accordance with the directions of the Director of Transportation and Public Works of City, or his duly authorized representative. All plans and specifications thereof shall be subject to the prior written approval of the Director of Transportation and Public Works, or his duly authorized representative, but such approval shall not relieve Grantee of responsibility and liability for concept, design and computation in preparation of such plans and specifications. 2 TARRANT - TTS, TX Document:Document - Year.DocID 2009.150097 Page:2 of 25 Printed on:4/8/2022 l :08 PM 3. Upon completion of construction and installation of said improvement and thereafter, there shall be no encroachments in, under, on or above the surface area of the streets, alleys, sidewalks and other public rights -of -way involved, except as described herein and shown on the hereinabove referred to Exhibit "A". 4. Grantee, at no expense to the City, shall make proper provisions for the relocation and installation of any existing or future utilities affected by such encroachment use and occupancy, including the securing of approval and consent from the utility companies and the appropriate agencies of the State and its political subdivisions. In the event that any installation, reinstallation, relocation or repair of any existing or future utility or improvements owned by, constructed by or on behalf of the public or at public expense is made more costly by virtue of the construction, maintenance or existence of such encroachment and use, Grantee shall pay to City an additional amount equal to such additional cost as determined by the Director of Transportation and Public Works of the City, or his duly authorized representative. 5. City may enter and utilize the referenced areas at any time for the purpose of installing or maintaining improvements necessary for the health, safety and welfare of the public or for any other public purpose. In this regard, Grantee understands and agrees that City shall bear no responsibility or liability for i 3 TARRANT - TTS, TX Document:Document - Year.DocID 2009.150097 Page:3 of 25 Printed on:4/8/2022 1:08 PM damage or disruption of improvements installed by Grantee or its successors, but City will make reasonable efforts to minimize such damage. i 0 In order to defray all costs of inspection and supervision which City has incurred or will incur as a result of the construction, maintenance, inspection or management of the encroachments and uses provided for by this Agreement, Grantee agrees to pay to City at the time this Agreement is executed a fee in the sum of Dollars ($ T The term of this Agreement shall be for thirty years, commencing on the date this Agreement is executed by the City of Fort Worth. I 8. Upon termination of this Agreement, Grantee shall, at the option of City and at no expense to City, restore the public right-of-way and remove the Improvement encroaching into the public right-of-way, to a condition acceptable to the Director of Transportation and Public Works, or his duly authorized representative, and in accordance with then existing City specifications. It is understood and agreed to by Grantee that if this Agreement terminates and Grantee fails to remove the Improvement, Owner hereby gives City permission to remove the Improvement and any supporting structures and assess a lien on the Property for the costs expended by the City to remove such improvement. 4 TARRANT - TTS, TX Document:Document - Year.DocID 2009.150097 Page:4 of 25 Printed on:4/8/2022 1:08 PM 7 It is further understood and agreed upon between the parties hereto that the public rights -of -way, alleys, sidewalks ("public right-of-way") to be used and encroached upon as described herein, are held by City as trustee for the public; that City exercises such powers over the public right -of way as have been delegated to it by the Constitution of the State of Texas or by the Legislature; and that City cannot contract away its duty and its legislative power to control the public right-of-way for the use and benefit of the public. It is accordingly agreed that if the governing body of City may at any time during the term hereof determine in its sole discretion to use or cause or permit the right of way to be used for any other public purpose, including but not being limited to underground, surface of overhead communication, drainage, sanitary sewerage, transmission of natural or electricity, or any other public purpose, whether presently contemplated or not, that this Agreement shall automatically terminate. 10. Grantee understands and agrees that the granting of any encroachment hereunder is not meant to convey to Grantee any right to use or occupy property in which a third party may have an interest, and Grantee agrees that it will obtain all necessary permission before occupying such property. 5 TARRANT - TTS, TX Document:Document - Year.DocID 2009.150097 Page:5 of 25 Printed on:4/8/2022 1:08 PM 11. Grantee agrees to comply fully with all applicable federal, state and local laws, statutes, ordinances, codes or regulations in connection with the construction, operation and maintenance of said Improvement, encroachment and uses. 12. Grantee agrees to pay promptly when due all fees, taxes or rentals provided for by this Agreement or by any federal, state or local statute, law or regulation. 13. Grantee covenants and agrees that it shall operate hereunder as an independent contractor as to all rights and privileges granted hereunder and not as an officer, agent, servant or employee of City and Grantee shall have exclusive control of and the exclusive right to control the details of its operations, and all persons performing same, and shall be solely responsible for the acts and omissions of its officers, agents, servants, employees, contractors, subcontractors, licensees and invitees. The doctrine of respondeat superior shall not apply as between City and Grantee, its officers, agents, servants, employees, contractors and subcontractors, and nothing herein shall be construed as creating a partnership orjoint enterprise between City and Grantee. 14. GRANTEE COVENANTS AND AGREES TO INDEMNIFY, AND DOES HEREBY INDEMNIFY, HOLD HARMLESS AND DEFEND CITY, ITS 6 TARRANT - TTS, TX Document:Doeument - Year.DocID 2009.150097 Page:6 of 25 Printed on:4/8/20221:08 PM OFFICERS, AGENTS, SERVANTS AND EMPLOYEES, FROM AND AGAINST ANY AND ALL CLAIMS OR SUITS FOR PROPERTY DAMAGE OR LOSS ANDIOR PERSONAL INJURY, INCLUDING DEATH, TO ANY AND ALL PERSONS, OF WHATSOEVER KIND OR CHARACTER, WHETHER REAL OR ASSERTED, ARISING OUT OF OR IN CONNECTION WITH, DIRECTLY OR INDIRECTLY, THE CONSTRUCTION, MAINTENANCE, OCCUPANCY, USE, EXISTENCE OR LOCATION OF SAID IMPROVEMENT AND ENCROACHMENT AND USES GRANTED HEREUNDER, WHETHER OR NOT CAUSED, IN WHOLE OR IN PART, BY ALLEGED NEGLIGENCE OF OFFICERS, AGENTS, SERVANTS, EMPLOYEES, CONTRACTORS, SUBCONTRACTORS, LICENSEES OR INVITEES OF THE CITY; AND GRANTEE HEREBY ASSUMES ALL LIABILITY AND RESPONSIBILITY FOR SUCH CLAIMS OR SUITS. GRANTEE SHALL LIKEWISE ASSUME ALL LIABILITY AND RESPONSIBILITY AND SHALL INDEMNIFY CITY FOR ANY AND ALL INJURY OR DAMAGE TO CITY PROPERTY ARISING OUT OF OR IN CONNECTION WITH ANY AND ALL ACTS OR OMISSIONS OF GRANTEE, ITS OFFICERS, AGENTS, SERVANTS, EMPLOYEES, CONTRACTORS, SUBCONTRACTORS, LICENSEES, INVITEES, OR TRESPASSERS. 15. While this Agreement is in effect, Grantee agrees to furnish City with a Certificate of Insurance, naming City as certificate holder, as proof that it has secured and paid for a policy of public liability insurance covering all public risks related to the proposed use and occupancy of public property as located and FI TARRANT - TTS, TX Document:Document - Year.Doc1D 2009.150097 Page:7 of 25 Printed on:4/8/2022 1:08 PM described in Exhibit "A". The amounts of such insurance shall be not less than the following: $1,000,000 Commercial General Liability with the understanding of and agreement by Grantee that such insurance amounts shall be revised upward at City's option and that Grantee shall so revise such amounts immediately following notice to Grantee of such requirement. Such insurance policy shall provide that it cannot be canceled or amended without at least ten (1 b) days prior written notice to the Building Official of the City of Fort Worth. A copy of such Certificate of Insurance is attached as attached as Exhibit "B°. Grantee agrees to submit a similar Certificate of Insurance annually to City on the anniversary date of the execution of this. Agreement. Grantee agrees, binds and obligates itself, its successors and assigns, to . maintain and keep in force such public liability insurance at all times during the term of this Agreement and until the removal of all encroachments and the cleaning and restoration of the city streets. All insurance coverage required herein shall include coverage of all Grantee's contractors. 16. Grantee agrees to deposit with the City when this Agreement is executed a sufficient sum of money to be used to pay necessary fees to record this Consent Agreement in its entirety in the deed records of Tarrant County, Texas. After being recorded, the original shall be returned to the City Secretary of the City of Fort Worth, Texas 17. s TARRANT - TTS, TX Document:Document - Year.Doc1D 2009.150097 Page:8 of 25 Printed on:4/812022 1:08 PM In any action brought by the City for the enforcement of the obligations of Grantee, City shall be entitled to recover interest and reasonable attorney's fees. 18. Grantee covenants and agrees that it will not assign all or any of its rights, privileges or duties under this contract without the prior written approval of the City Manager or designee. Any attempted assignment without prior written approval will be void. 19. THE PARTIES AGREE THAT THE DUTIES AND OBLIGATION CONTAINED IN PARAGRAPH 8 SHALL SURVIVE THE TERMINATION OF THIS AGREEMENT, 20. This Agreement shall be binding upon the parties hereto, their successors and assigns. 9 TARRANT - TTS, TX Document:Document - Year.DocID 2009.150097 Page:9 of 25 Printed on:4/8/2022 1:09 PM EXECUTED THE J DAY OF City City of Fort Worth By41ani OLVV'�.�_ SusaDirec Planning & Development ATTEST - City Secreta LNO M&C RRQUiRED Approved As To Form And Legality Assistant City Attorney Grantee(s). Museum Place Holdings, LLC By. - P� 1� 'G Richard F. Garve Manager Museum Place Group 1, Ltd. By: Museum Place Group 1 GP, LLC Its Ge ral artner 4_ By: . & Richard F. Garvey Manager Museum Place Block C, Ltd. By: Museum Place Block C GP, LLC Its G ral artner By: I at 1/)b4L I t Richard F. Garve Manager Museum Place Block B, Ltd. By: Museum Place Block B GP, LLC Its Gen I Pa ner By. ichard F. Garvey Manager Museum Place Block A, Ltd. By: Mu eum Place Block A GP, LLC Its Ge ! P rtner P1, VeAl By: Richard F. Gary Manager TARRANT - TTS, TX Document:Document - Year.DoclD 2009.150097 Page:10 of 25 Printed on:4/8/2022 l :08 PM STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on this day personally appeared Susan Alanis, known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he/she executed the same for the purposes and consideration therein expressed, as the act and deed of the City of Fort Worth, and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE this c9,(o day of 20_U. Notary Public in and kbthe State of Texas R. G. NARt? N racy Public.:Stase r,t ier>s My Cc"Y1f1115 an Fyo rf;.% September 10. 20.;4 11 TARRANT - TTS, TX Document:Document - Year.DocED 2009.150097 Page: II of 25 Printed on:4/8/2022 1:08 PM STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, the undersigned authority, a Notary public in and for the State of ! Texas, on this day personally appeared c%li C 1 r r Known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he/she executed the same for the purposes and consideration therein express, as the act and deed of each of the following companies: Museum Place Holdings, LLC, Museum Place Group 1 GP, LLC, General Partner of Museum Place Group 1, Ltd., Museum Place Block C GP, LLC, General Partner of Museum Place Block C, Ltd., Museum Place Block B GP, LLC, General Partner of Museum Place Block B, Ltd., and Museum Place Block A GP, LLC, General Partner of Museum Place Block A, Ltd., and in the capacity therein stated. o GIVEN UNDER MY HAND AND SEAL OF OFFICE this 11 day of U rC-" , 20 G t . 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Filed For Registration: 512009 01:02 PM Instrument #: D20 50097 A 25 PGS s105.oa D209150097 ANY PROVISION WHICH RESTRICTS THE SALE, RENTAL OR USE OF THE DESCRIBED REAL PROPERTY BECAUSE OF COLOR OR RACE IS INVALID AND UNENFORCEABLE UNDER FEDERAL LAW. Printed by: WD TARRANT - TTS, TX Document:Document - Year.DocED 2009.150097 Page:25 of 25 Printed on:4l8120221:08 PM