Loading...
HomeMy WebLinkAboutContract 37051CONTRACT NO 3�70 j I SAFES AGREEMENT Displacee: Maxamino Salas Subject Property Address: 3400 Columbus Ave., Fort Worth, TX Subject Property Description: Block 4, Lot 20, Worth Hills Addition Parcel Number: FTW 2123 THE STATE OF TEXAS ) COUNTY OF TARRANT ) 1. In consideration of $ 102,000.00 to be paid, in cash, to Maxamino Salas ,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 Properly 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 hereb agrees to be bound by the award of the special commissioners app ' y the Court in their determination of market value and damages, if any. i it 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 Properly 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 r Owner's contents. � � �'�',�1 �, (e) If Owner chooses to remain and occupy the Property aft closing, Ownei• sha provide a certificate of insurance of the type and amounts ted in 10(c) at closing to be effective from the date of closing. �a 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 parry unless set forth in a written document executed by the parties. Executed in multiple originals this, the day of , 2007. Owners) Maxamino Salas City of Fort Worth Fernando Costa Assistant City -Manager THE STATE OF TEXAS § COUNTY OF TARRANT § Attested Bp: AAj��& "�L VjVq Rend 3tv secrvwvy i= i cP Contract Authorizatio1 �-� 0� Dade BEFORE ME, the undersigned authority, on this day personally appeared .1=,�JCI1�l�do�'ro�ta 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 O� AND SEAL OF OFFICE, this 3 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 day of V6 0(4r , 2007. JENNIFER HALL MY COMMISSION EXPIRES October 24, 2010 Notary STATE OF TEXAS § COUNTY OF TARRANT § blic�for and in the State of Texas 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 day of , 2007. Notary Public for and in 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 EXHIBIT A ATTACHMENT C LEGAL DESCRIPTION: Lot 20, Block 4 of Worth Hills Addition an Addition of the City of FORT WORTH, TARRANT County, Texas, according to the Map thereof recorded in Volume 309, Page 60, of the Plat Records of TARRANT County, Texas. Page 1 of 2 City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 4/22/2008 DATE: Tuesday, April 22, 2008 LOG NAME: 30MEACHAMSALAS REFERENCE NO.: L-14516 SUBJECT: Authorize the Acquisition of One Single -Family Residential Property Located at 3400 Columbus Avenue on the West Side of Meacham International Airport, Fort Worth, Texas, for the Meacham International Airport Mitigation Program and Authorize Execution and Recording of Appropriate Instruments, DOE No. 5101 RECOMMENDATION: It is recommended that the City Council: 1. Authorize the acquisition of one single-family residential property located at 3400 Columbus Avenue from property owner Maxamino Salas, for total just compensation in the amount of $102,000, for the purpose of the Meacham International Airport Noise Mitigation Program; and 2. Authorize the City Manager to execute appropriate instruments for the conveyance of the property and record the necessary documents. DISCUSSION: This property acquisition is in connection with the Federal Aviation Regulations (FAR) Part 150 Noise Study for Meacham International Airport utilizing the grant funds of $3,400,000 for Land —Noise Compatibility of which $170,000 has been matched by the City. 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 Part 150 Study. The acquisition amount is based upon an independent appraisal together with independent review appraisals that comply with FAA land acquisition requirements. In addition to paying the just compensation amount 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, 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. The property to be acquired is based upon the appraisal amount indicated as follows: Address 3400 Columbus Avenue Legal Description Lot 20 Block 4 Worth Hill Addition Zoning Purchase Price B2 $102,000.00 http://www.fortworthgov.org/council�acicet/Reports/mc�rint.asp 4/22/2008 Page 2 of 2 This property is located in COUNCIL DISTRICT 2, and 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 Submitted for City Manager's Office bx: Originating Department Head: Additional Information Contact: FROM Fund/Account/Centers GR14 541100 055218974400 $102,000.00 Fernando Costa (8476) A. Douglas Rademaker (6157) Laura Chavez (2311) http://www.fortworthgov.org/council�acket/Reports/mc�rint.asp 4/22/2008 � �a