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Home My WebLink AboutContract 55685-CA1Date Received: 7/13/2023 Record Number: PN23-00036 Time Received: 10:34 a.m. City Secretary Number: 55685-CA1 ASSIGNMENT AND CONSENT OF ENCROACHMENT AGREEMENT City Secretary Contract No. 55685 THIS ASSIGNMENT OF ENCROACHMENT AGREEMENT ("Assignment") is made and entered into as of this 14th day of Ju1Y , 2023 , by and between the CITY OF FORT WORTH, a Texas home -rule municipal corporation ("City"), CRP/CHI Downing Owner, L.P., a Delaware limited partnership("Assignor"), and SPUS9 Westside, LP, a Delaware limited partnership ("Assignee"). Sometimes herein City, Assignor, or Assignee may also be referred to individually as a "Party" or collectively as the "Parties." WITNESSETH: WHEREAS, the City entered into an Encroachment Agreement, City Secretary Contract No. 55685 (the "Encroachment Agreement"), on the 6th day of May, 2021, with Assignor, the owner of certain real property more particularly described in the attached Legal Description (the "Proberty") located adjacent to or near the City's right-of-way on which the encroachments are located. The encroachments are more particularly described in the Encroachment Agreement, attached hereto as "Exhibit A" and incorporated herein by reference for all purposes, and are referenced therein and herein as the "Improvements"; WHEREAS, the Encroachment Agreement was recorded the 7th day of May, 2021, as Instrument No. D221130039 in the Real Property Records of Tarrant County, Texas; WHEREAS, Assignor desires to assign the Encroachment Agreement to Assignee. 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 all rights and interests and delegates it duties and obligations under the Encroachment Agreement to Assignee. 2. Assignee hereby accepts the Assignment granted herein, and assumes all of Assignor's rights, duties, and obligations arising under the Encroachment Agreement. 3. 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. OFFICIAL RECORD Downing — Assignment and Consent of Encroachment Agreement — Page 1 CITY SECRETARY FT. WORTH, TX 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. 4. 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 before the Effective Date are allocated to Assignor, and all rights, duties, and obligations arising, accruing, or relating to the period thereafter shall be allocated to Assignee. 5. Except as otherwise expressly set forth in this Assignment, Assignor will be discharged from any and all further obligations under the Encroachment Agreement as of the Effective Date. 6. 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. 7. 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 assignments. 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. 8. 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 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 CRP/CHI Downing Owner, L.P. 3819 Maple Avenue Dallas, Texas 75219 Attention: Brad Cooper Downing — Assignment and Consent of Encroachment Agreement — Page 2 Assignee SPUS9 Westside, LP c/o CBRE Investment Management Acquisitions, LLC 2100 McKinney Ave, Suite 800 Dallas, Texas 75201 Attention: Topper Sheehy 9. 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. 10. Assignee shall cause this Assignment to be filed of record at Assignee's expense in the Real Property Records for Tarrant County, Texas. 11. The Certificate of Insurance for the Assignor attached as Exhibit `B" to the Encroachment Agreement is hereby deleted and replaced with the attached Certificate of Insurance from the Assignee as "Exhibit B, Revised." 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 meanings assigned to them in the 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] Downing — Assignment and Consent of Encroachment Agreement — Page 3 APPROVED AS TO FORM AND LEGALITY: Jeremy Anato-Mensah, Assistant City Attorney City Attorney's Office Date: J u l 11, 2023 4ggqqpn-Q� c ,O FORro�dd OF 0o a pts °Ad Pvo o=4 ATTEST -°a* ° °°°�� nE, t4a Jannette Goodall City Secretary (M&C not Required) Date: Jul 13, 2023 CITY OF FORT WORTH DJ Harrell (Jul 11, 202315:23 CDT) DJ Harrell, Director Development Services Department Date: Jul 11, 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 ,?ebeCCa Dialle 0&#4 reporting requirements. Rebecca Diane Owen (Jul 11, 2023 14:41 CDT) Rebecca Owen Development Manager Date: Jul 11, 2023 OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX Downing - Assignment and Consent of Encroachment Agreement — Signature Page STATE OF TEXAS § COUNTY OF TARRANT § This instrument was achnowledged before me on July, llth , 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. O�pRYP(e/ WENDY L BEARDSLEE 2 n Notary Public + *� STATE OF TEXAS N9�oFP Notary I.D. 13323719-3 C` My Comm. Exp. July 28, 2025 ' Wendy L. Beardslee Digitally signed by Wendy L. Beardslee Date: 2023.07.11 15:49:12-05'00' Notary Public, State of Texas Downing - Assignment and Consent of Encroachment Agreement — Signature Page ASSIGNOR: CRP/CHI DOWNING OWNER, L.P. A Delaware limited partnership By: CRP/CHI DOWNING GP, L.L.C. a Delaware limited liability company its general partner By: CRP/CHI DOWNING VENTURE, L.L.C. a Delaware limited liability company its sole member By: CHI NORTH TEXAS 108 DOWNING, L.P. a Delaware limited partnership its administrative member By: CHI DEVELOPMENT GP, L.L.C. a Delaware limited liability company its general partner By: NaJohn B. Coo Ti Vice President Date: 7/5*/o Oas Downing - Assignment and Consent of Encroachment Agreement — Signature Page STATE OF TEXAS § COUNTY OF DALLAS § BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on this day personally appeared John B. Cooper, a Vice President of CHI Development GP, L.L.C., a Delaware limited liability company, the general partner of CHI North Texas 108 Downing, L.P., a Delaware limited partnership, the administrative member of CRP/CHI Downing Venture, L.L.C., a Delaware limited liability company, the sole member of CRP/CHI Downing GP, L.L.C., a Delaware limited liability company, the general partner of CRP/CHI Downing Owner, L.P., a Delaware limited partnership, 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, as the act and deed of said entities and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE this 5day of 5-di 2023. Notary is in �for KELLY DUGAN Notary ID #133365320 State of Texas r.� My Commission Expires 'taF� October 1. 2025 My commission expires: Odiobe.r It aOaS ` Downing - Assignment and Consent of Encroachment Agreement — Signature Page ASSIGNEE: SPUS9 WESTSIDE, LP a Delaware limited partnership By: SPUS9Westside GP, LLC a Delaware limited liability company its general partner Name: Diann Hsueh Title: Vice President Date: :"i 17 v� By:� Name. y Gerschick Title: Vice President Date: -7 - % - 2023 Downing - Assignment and Consent of Encroachment Agreement — Signature Page CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California County of Lt.A*44bt On 1/ �1 41 41 7-6Z 3 before me, rwido�t cr 1q it n� personally appeared Y ,aYkyi, 4-5u� who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. Witness my hand and official seal. Signature 112 '�,i� Optional I FERNANDO MERCA60 j COMM. #2412888 zz iNotary Public • California o Los Angeles County (Seal) MY Comm. Expires Aug. 14, 2026t Though the information below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent removal and reattachment of this form to another document. Description of Attached Document n I /� Title or Type of Document: Aom� Qn Cotjet� oC &t,(o&zL u%i r? L Document Date: Signer(s) Other Than Named Above: Capacity(ies) Claimed by Signer Signer's Name: ❑ Individual ❑ Corporate Officer — Title(s): ❑ Partner - ❑ Limited ❑ General []Attorney in Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer Is Representing: Rev 2021 No. of Pgs.: CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California County of L-05 On �u�y I I b1.3 before me, k1ACrA J0 MW !tea I A tv w6lhl personally appeared T/ 6ej SU� a who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. FERNANDO MERCADO t Witness my hand and official seal. a COMM. #2412888 Notary Public - California O Z Los Angeles County -- Iil/,.w MY Comm, Expires Aug, 14, 20261 Signature (Seal) Optional Though the information below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent removal and reattachment of this form to another document. Description of Attached M Qoc�ment rr ,,�. � �d„��, Title or Type of Document: 5/pt QA� IISG,w.i a� fvero 4dt Document Date: Signer(s) Other Than Named Above: Capacity(ies) Claimed by Signer Signer's Name: ❑ Individual ❑ Corporate Officer— Title(s): ❑ Partner - ❑ Limited ❑ General ❑ Attorney in Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer Is Representing. - No. of Pgs.: Rex, 2021 D221130039 Page 10 of 16 EXHIBIT A Description of the Licensee's Property Lot 1, Block 2, Trillium Addition, an addition of the City of Fort Worth, according to the plat recorded in Document No. D196213691, Plat Records of Tarrant County, Texas Tier 11 Easement Encroachment Agreement PN21-00047 Page 10 of 13 Revised ! 1/2020 D221130039 Page 11 of 16 Tier 11 Easement Encroachment Agreement PN21-00047 EXHIBIT B Depiction of the Public Property Page 1 I of 13 Revised 11/2020 r 47Aa M d r __ 1fOIiT-OP-WAY Mt cRIPorAanse ,.aT s m aLacL a 1 DBDICATION arse re or eoaanaroe trmAmoAL DtetenT Noaoea a r:.yn q 0.8T1 AC1EE vot. aerea, >e. vL aaT.e.T. fl9.66'21' P-25.00' 19.p4' I.2e �YI737' r —. 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OONr»L TRN.LION COQrOCAT10N Tae LOr DATA ABi.YAT flrLYNOEAN. AA 9tiaA V7CTNITY M4? 2.fl ARRD BT. GOODWIN, ---- JAARSHALLI CPfI rfl waaw - nAm m - w—won eeh eq• arw.ear�.� n.w ltm rice 3INNIN6�J w.•c er � �tnr. ' CURVE M.. I I?Ss7- anmiertrsranxTRmis re,weerroe L-148.J7' 7-74-�' Oi•6 Op44'JT ■ Mw 01fo m rya "-96 69 FINAL PLAT fl Lot 1, Block 2 OP T® rTRILLIIl7M ADDITION RHFNO 29.423 Aeree fr t'ea M. MUNSON SURVEY. ABSTRACT Nd rR AMO — W. BAKER SVRVHT, ABRTEACT NO. 143 0—.A Ira T® CITY OF PORT WO1TOe TARRANT COONTT, T1ZAS A--. 1= na RAT eim RTJ9 GQ oee'})�Trn � i D221130039 Page 13 of 16 EXHIBIT C Depiction and description of the Encroachment Tier 11 Easement Encroachment Agreement PN21-00047 Page 12 of 13 Revised 11/2020 D221130039 Page 14 of 16 r ui Z U. - m l co / I a / 2040' � PROPOSED PRIVATE 112-WA 12WATER LINE V I -I" co EXISTING PUBLIC 10" r b SANITARY SEWER x w J CONNECT TO EXISTING SSMH - FL 8" (IN) = 602.00 J RIM ELEV. = 612.4 N:6983913.18 Q E:2333162.63 Q �° PROPOSED PRIVATE 60" 1 (L f STORM DRAIN41 1PROPOSED PRIVATE STORM DRAIN �... ' CONNECTION TO EXISTING TXDOT STORM DRAIN EP #1 e" SS A LEGEND: ENCROACHMENT QEP#1 POINT CONTROL POINT + CP #1 :■; HALFF 4000 FOSSILCREEK BLVD FORT WORTH, TEXAS 76137.2720 TEL(81j 867.1422 TSF FIRM 11F.312 0 3 441 / CP #1 � C� 1 j : ' 20" STEEL ENCASEMENT WITH GROUT I bj 1 W j EXHIBIT C DATE:04/05/2021 1 AVO:38747 DOWNING DRIVE SITE FORT WORTH, TEXAS D221130039 Page 15 of 16 620 I • RIM = 618.25 — - -' — TMOLR.O.KY. FILL TO BE PLACED AND- COMPACTED TO 95% STD PROCTOR DENSITY I PROP. GROUND I 615 - — RIM-613.95 610 £ 42 LF CLASS III 60' RCP @ 8.84% 605 EX. e.X5'RK 600 _ 595 - I - 1590 / d go d_ K Z 3 z 2� z. —g W 585 O yy O)t • • J a o U 580 � O a� Nay ra8, O I IL KI - Im - 575 J rcl Ti. 0+00 0+50 1+00 ' STA. 1+84.09 STORM DRAIN LINE A I V �10' WTR A CROSSING FL=611.69 - EX. GROUND-/ jI I oU` H(]PF 151 02E°: I r-W HDPE @ 025% I XACT 3.22 STORM DRAIN LINE A —�- _ BEGIN 20' STEEL ENCASEMENT WITH GROUT Y SEE DETAIL 33 05 24-D203 m yM1 LLILL 1+50 - a a In —iD w W J J � 1A z zz y ilo I MIX -y„— ¢ GO Sz--�'r•C o w yam _ to :y O- w�o OD m N C0 PI Si o� I —'�bbm gw I VK ¢IO �.1 _LLB _ SILL 2+00 2+50 I _ W Z J— a I� l ww; 00� o— C Imo. o s,a �I9 z.7 tt ':f m; Ili. Y JYJ LL LL Milli 3+00 3+50 4+00 EXHIBIT C DOWNING DRIVE SITE FORT WORTH, TEXAS DATE: 4/05/2021 AVO: 38747 H�►LFF ONE 4000 FOSSIL CREEK BLVD FORT WORTH, TEXAS 78137-2720 TEL(017) $47-1422 TBPE FIRM MF312 D221130039 Page 16 of 16 Tier 11 Easement Encroachment Agreement PN21-00047 EXHIBIT D Certificate of Ins urance Page 13 of 13 Revised 11/2020 EXHIBIT B, REVISED CERTIFICATE OF INSURANCE Downing - Assignment and Consent of Encroachment Agreement — Exhibit B