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HomeMy WebLinkAboutContract 36792-CA1 CITY���pc�k_p��+�°PW r7 q 7-C �� ASSIGNMENT OF TAX ABATEMENT AGREEMENT 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 Impression 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 at 5500 Grenada Drive ; Lot 28; Block 3; 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 36792 ("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- 10 , 2013 recorded under Tarrant County Deed Records, Assignor conveyed the Property to Impression 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 i � n 2013 ("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 obligations arising, accruing or relating to the period thereafter shall be allocated to Assignee. ERn Y Assignment of Tax Abatement Contract# 36792 from Waterview Estat Homes, LLC 1 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. in. 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 and Economic Development Department(NEZ) 1000 Throckmorton Fort Worth, Texas 76102 ASSIGNOR: ASSIGNEE: Waterview Estates, L.P. Impression Homes, L.L.C. Pars Investment, Inc., General Partner P.O. Box 1838 3901 Airport Freeway, Suite 200 Keller, Texas 76244 Bedford, TX 76021 8. 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. Assignment of Tax Abatement Contract# 36792 from Waterview Estates, LP to Impression Homes, LLC 2 10. Bindiniz 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. CITY OF FORT WORTH Fernando Costa Assistant City Manager STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, the undersigned authority, on this day personally appeared Fernando Costa, 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 he 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 he 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 2013. / o""""'• EVONIA DANIEL$ Notary Public,state of Texor otary Public in and or ="' q= MyC my 10sio2 Expires ���•OF��l�� July 101 2077 the State of Texas F AT S � 0$ ary ZayAM Se aryl APPROVED AS TO FORM AND LEGALITY: -ZA � *elinda Ramos Assistant City Attorney M & C: G22514 OFFICIAL RECORD C'TY SECRETARY Assignment of Tax Abatement Contract# 36792 from Waterview Estates, LP to ln".Mark X Homes, LLC 3 i ASSIGNOR: Waterview Estates, L.P., Pars Investment, Inc., General Partner Name: Mehrdad Moayedi Title: President STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, the undersigned authority, on this d personally appeared Mehrdad Moayedi of Waterview Estates, L.P., a Texas Limited artnership, Pars Investments, Inc., General Partner, known to me to be the person who name is subscribed to the foregoing instrument, and acknowledged to me that he execut the same for the purposes and consideration therein expressed, in the capacity therein st d and as the act and deed of Waterview Estates, L.P., a Texas Limited Partnership, Pars vestment, Inc., General Partner. GIVEN UND MY HAND AND SEAL OF OFFICE this day of , 2013. Notary Public in and for the State of Texas Im es sx n Homes, L.L.C. 3N : ruce Heikkinenkinen Title: Managing Member STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, the undersigned authority, on this day personally appeared Bruce Heikkinen, Managing Member of Impression 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 2013. Notary Public in,and for ,p�*RY°�s,;4� NIKKi JACKSON Notary Public,State of Texas the State of Texas - ' M "s 4 •Q� Y Commission Expires Febrkry 16, 2016 Assignment of Tax Abatement Contract# 36792 from Waterview Estates, LP to Impression Homes, LLC 4 ASSIGNOR: Waterview Estates L.P., Pars Investment, Inc., General Partner Name: Mehrdad Moayedi Title: President STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, the undersigned authority, on this day personally appeared Mehrdad Moayedi of Waterview Estates, L.P., a Texas Limited Partnership, Pars Investments, 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. GIVEN UNDER MY HAND AND SEAL OF OFFICE this day of 2013. LAURA L WAYLAND 1 � My Commission Expires Notar Public in and for � ' July 14, 2016 the State of Texas ASSIGNEE: Impression Homes, L.L.C. Name: Bruce Heikkinen Title: —Mgnqgjng Member STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, the undersigned authority, on this day p onally appeared Bruce Heikkinen, Managing Member of Impression Homes, L.L.C. to me to be the person whose name is subscribed to the foregoing instrument, and ac owledged to me that he executed the same for the purposes and consideration therein ex ssed, in the capacity therein stated. GIVEN UNDER MY HA AND SEAL OF OFFICE this _ day of 2a Notary Public in and fo the State of Texas Assignment of Tax Abatement Contract#36792 from Waterview Estates, LP to Impression Homes, LLC 4 r tDffldai site of the City of Fort Worth, Texas IT' COUNCIL AGENDA FOR' n COUNCIL ACTION: Approved As Amended on 11/6l2007 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.cAvnet.org/council_packet/mc_review.asp?ID=8145&councildate=l 1/6/2007 05/I 9/2009 'V[&L ltevietiv ?age 2 of 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 $2,750.00 over the five-year period for each house. However, this estimate may be different from the actual tax abatement value, which will be calculated based on the TAD appraised value of the property. The tax abatement agreement provides that the agreement may be assigned without subsequent City Council approval to Woodhaven Homes, L.P., or another builder approved by the City Manager or his designee or the developer's first mortgage, or to a homebuyer who will use the required improvements as his/her primary residence, or to the homeowner's mortgagee. All other assignments must be approved by City Council. The agreement also provides that the failure of the owner to send the City notification of the sale of the required improvements and the executed assignment of the agreement with the new owner within 30 days of the transfer of ownership of the required improvements shall result in the automatic termination of the Agreement. This property is located-in COUNCIL DISTRICT 5. FISCAL INFORMATIONICE IF'ICATION: The Finance Director certifies that this action will have no material effect on City funds. - TO Fund/AccounVCente_rs FROM Fund/Account/Centers Submitted for City Manager's Office by: Dale Fisseler (6140) Oeiginating Upparrtment Head: Jerome Walker (7537) Additional Information Contact: Sarah Odle (7316) ATTACHMENTS Continued Exhibit B for M&C.pdf Exhibit A for M&C.As Exhibit B far M&C.doc http://apps.cfwnet.org/council_packet/mc_review.asp'?[D=S 145&councildate=l l/6/2007 05/19/2009 .r i LVtt--.%i L'%.VL4YY L 'LL:%. J %JL J '. 1=inaf TA Agreement for M&C.doc Location Map for M&C.gdf http://apps.ct-�vnet,org/council_packet/mc_review.asp'?ID=8145&councildate=11/6/2007 05/19/2009 • WATERFRONT AT ENCHANTED BAY PHASE IA David Strickland Survey, Abstract No. 1376 City of Fort Worth, Tarrant County, Texas Filed in Cabinet A, SlideNo.11723, Plat Records, Tarrant Co., Texas on 02/23/07 19 ­ �"$ y 1, Ahjfih'ent ,`--'- ­ ;, "J449-`4 ,, rii��,. em LA-C-0001-001 1 1 5641 Grenada Drive Waterfront At Enchanted Ba 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-6001-004 l 6 5621 Grenada Drive Waterfront At Enchanted g2y lax Abatement I'V13 Drive LA-C-0001-005 1 7 5617 Grenada Drive Waterfront At Enchanted Ba Tax Abatement LA-C-0001-006 1 9 5609 Grenada Drive Waterfront At Enchanted Bay - Tax Abatement LA-C-0001-007 1 -1-0 -56-05-Grenada Drive Waterfront At Enchanted Bay_Tax Abatement LA-C-0001-008 1 -71 -56-01 -Grenada Drive Waterfront At EnchantedBa Tax Abatement — Enchanted Bay_Tax Abatement LA-C 0001-009 1 12 5549 Grenada Drive Waterfront At - - LA-C-0001-010 1 13 5546 Grenada Drive Waterfront At Enchanted BE Tax Abatement_ Tax Abatement LA-C-0001-0 11 1 14 5541 Grenada Drive Waterfront At Enchanted Bay _ T 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 lax Abatement LA-C-0001-014 1 17 6529 Grenada Drive Waterfront At Enchanted Ba 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 26-1-54-411 Grenada Drive Waterfront At Enchanted Ba -Tax Abatement LA-C-0001-019 1 27 5437 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-020 1 28 5429 Grenada Drive Waterfront At Enchanted Ba Tax Abatement LA-C-0001-02­1 -1 29 -64'-26--Grenada Drive Water-front At Enchanted Ba Tax Abatement LA-C-0001 022 1 30 i 5421 Grenada Drive Waterfront At Enchanted_fay_:Eax Abatement LA-C-0001-023 1 31 54171 Grenada Drive Waterfront At Enchanted Bajy -Tax Abatement LA-C-0001-024 1 33 5409 Grenada Drive Waterfront At Enchanted Ba Tax Abatement LA-C-0001-025 1 -35 -5401 Grenada Drive Waterfront At Enchanted Ba Tax Abatement LA-C-0001-026 1 37 5365 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-027 2 1 5640 Grenada Drive Waterfront At Enchanted Bay Tax Abatement- LA-C-0001-028 2 y Tax Abatement -K2 -3 16,3165 Grenada Drive Waterfront At Enchanted Ba LA-C-0001-029 2 5628 Grenada Drive Waterfront At Enchanted Bay-Tax Abatement LA-C-0001-030 2 4 5808 Grenada Court Waterfront At Enchanted Ba Tax Abatement LA-C-0001-031 2 -5 5804 Grenada Court Water-front At Enchanted Bay Tax Abatement LA-C-0001-032 2 6 5800 Grenada Court Waterfront At Enchanted Bay lax Abatement LA-C-0001-033 2 7 5801 Grenada Court Water-front At Enchanted Ba Tax Abatement — LA-C-0001-034 2 8 -5806 Grenada Court Waterfront At Enchanted qa Tax Abatementy LA-C-0001-035 2 9 5809-Grenada Court Waterfront At Enchanted Bay Tax Abatement LA-C-0001-036 2 10 5813 Grenada Court Waterfront At Enchanted Bay_Tax Abatement LA-C-0001-037 2 11 5620 Thunder Bay Dr. Waterfront At Enchanted Bay lax 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 g2y Dr. Waterfront At Enchanted Say lax Abatement LA-C-0001-040 2 14 166081 Thunder Bay Dr. Waterfront At Enchanted Ba Abatement LA-C-0001-041 2 15 56041 Thunder Say Dr. Waterfront At Enchanted Ba Tax Abatement LA-C-0001-042 2 16 56001 Thunder Bay Dr. Waterfront At Enchanted -ayTax Abatement ILA-C-0001-043 2 17 �72 Thunder .f�a Dr. Waterfront At Enchanted Ba Tax Abatement ILA C-0001-044 i 2 18 . 55681 Thunder Bay Dr. lWaterfront At Enchanted R­ -rnv Abatement Page 1 of 3 WATERFRONT AT ENCHANTED BAY PHASE IA 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 NEXCoirL Br_66 It L"a,- 8 t f 66 E LA-C-0001-045 2 19 5564 Thunder Bay Dr. Waterfront At Enchanted Say Tax Abatement LA-C-0001-046 2 20 5560 Thunder Say Dr. Waterfront At-Enchanted Bay Tax Abatement LA-C-0001-047 2 21 5556 Thunder Ea Dr. Waterfront At EnchantedTax Abatement LA-C-0001-048 2 22 5552 Thunder Ba Dr. Waterfront At Enchanted Bay Tax Abatement LA-G-0001704_9 2 23 5548 1 Thunder Bay Dr. Waterfront At Enchanted Ba_ Tax Abatement LA-C-0001-050 2 24 5544 Thunder Bay Dr. Waterfront At Enchanted Bay, Tax Abatement LA-C-0001-051 2 _26 5540 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-052 2 26—_55_36 Thunder Ba dr. Waterfront At Enchanted Say iTax Abatement LA-C-0001-053 2 27 5532, Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-054 2 28 55281 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-055 2 2_9 _5_524 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 156171 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement. LA-C-0001-059 3 3 66131 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 5501 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 15553-Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-064 3 8 5549 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-065 3 9 5545 Thunder Say Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-066 3 10 5541 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 155331 Thunder Say Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-069 3 13 65291-Thunder SayDr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-070 3 14 5525! Thunder Bay Dr. Waterfront At Enchanted Bay 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 Tax Abatement LA-C-0001-074 3 118 55091 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-075 3 19 5505 Thunder Bay Dr. Waterfront At Enchanted Ba Tax Abatement LA-C-0001-076 3 20' 5501'-Thunder Bay Dr. iWaterfront At Enchanted Bay !Tax Abatement LA-C-0001-077 3 --- 21 5424 Grenada Drive' Waterfront At Enchanted Bay Tax Abatement LA-C-0001-078 3 22 5428 -Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-079 3 23 15432 Grenada Drive Waterfront At Enchant2g_Ba Tax Abatement LA-C-0001-080 3 . 24 5436 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-000 1-081 3 25 5440 Grenada Drive Waterfront At Enchanted Ba Tax Abatement LA-C-0001-082 3 26 5444 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-000 1-083 3 27 54481 Grenada Drive Water-Front At Enchanted Bay Tax Abatement ILA-C-0001-084 3 1 28 5500 Grenada Drive Waterfront At Enchanted Bay Tax Abatement I .LA-C-0001-085 3 29 5504 Grenada Drive Waterfront At Enchanted Say Tax Abatement LA-C-000 1-086 3 30 5508 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-087 3 31 5512 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-088— 3 32I5516 Grenada Drive Waterfront At Enchanted Ba Fax Abatement ILA-C-0001-089 3 33]5520 Grenada Drive Water-front At Enchanted Bay I Tax Abatement [LA-C-0001-090 3 5524 Grenada Drive Waterfront At Enchanted E3 ay 17- 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 ba N E i;t L5 i&i R Naga gfmt�ma a 60."* I .. '1. .... I..i� -" A"'k"m"Ah- LA-C-0001-091 3 35 6528 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-092 3 36 5632 Grenada Drive Waterfront At Enchante�a 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 Ba Tax Abatement y - 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 i:Tax Abatement LA-C-0001-097 5 11 68011 Maui Drive Waterfront At Enchanted_pay_Tax Abatement_ LA-C-0001-098 5 12 58051 Maui Drive Water-front At Enchanted 92 Tax Abatement LA-C-0001-099 5 13 5809: Maui Drive Waterfront At Enchant2j_jay Tax Abatement LA-C-0001-100 5 14 5813 Maui Drive Waterfront At Enchanted Ba Tax Abatement LA-C-0001-101 5 15 5817 Maui Drive Waterfront At Enchanted Say Tax Abatement L4-C-0001-102 5 16 5821 Maui Drive Waterfront At EnchaEj2q_Bay _Tax Abatement LA-C-0001-103 5 17 , 5428 Saba Drive Waterfront At EnStan!2!LBa Tax Abatement LA-C-0001-104 5 18 5424 Saba Drive Waterfront At Enchanted Say Tax Abatement LA-C-0001-105 5 19 5420 Saba Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-106 5 20 5416-Saba Drive Waterfront At Enchanted Tax Abatement LA-C-0001-107 5 21 5412 Saba Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-108 5 22 , 6408-Saba Drive Waterfront At Enchanted Ba Tax Abatement LA-C-0001-109 5 23 5404 Saba Drive Waterfront At Enchanted Bay Tax Abatement LA-C-000 1-110 5 24 5400 Saba Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-111 6 12 5361 Saba Drive Waterfront At Enchanted Ba Tax Abatement LA-C-000 I-112 6 13 5365 Saba Drive Waterfront At Enchanted Bay Tax Abatement LA-C-000 1-113 6 14 5369 Saba Drive Waterfront At Enchanted ea Tax Abatement LA-C-000 I-114 6 15 5373 Saba Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-116 6 16 5368 Grenada Drive Waterfront At Enchanted Ba Tax Abatement LA-C-0001-116 6 17 5364 Grenada Drive Waterfront At Enchanted Tax Abatement LA-C-000 I-117 6 18 5360 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-118 6 19 5356 Grenada Drive Waterfront At Enchanted Bay Tax Abatement A-C-0001 , = 1 3 a: 536 If Gf6nad&UrIVe" 11Uat6&ont At:Eichahted.B Na-A batement-. " At y� Na�Abzitefnent-;"- 391 6357-,.Gt66iidii:Dfiv -:Wke ifffont- 'Ekhanted Ba LA-0-GOO f 1:� LA-C-0001::': 1- 36. '5369':'Gronadaz.DHV6­4:­ Waterfront.At Enchanted: Ba � Na Abatement: Na Ab'aterne LA-GT0001­-:,'! 1' ".34 �6-4.06:..G-rpdna'd'a,.tj'riv-e.- W'&d&6ntAt.'Ehch6nted Ba nt" y LA'-C=0004 1', -3Z. 64-13 W.-afd&(5int-At Ehchanted..Bay Na.Abatement LA?-C;-OOGIL.:' 1. 23'... WatdrfrcjnXAt-Ehchanted'Bay:- Nbr,Ababdment. 5601 I'Gtenada,Drive Waterfront At Enchanted y No LA-C-000--- ' t . 24 cit hanted Ba Abatement LA-C-000-1:-- 1 25. 54451 Grenada:DnVe Waterfront At Enchanted BA y No Abatement LA-C-000 1 19 66211 Grenada Drive Waterfnint At Enchanted Bay Rd Abatement LA-C-0001 1 20 56171 Grenada Drive Waterfront At Enchanted-Bay No Abatement LA-C-0001. 1 1 8 5613 Grenada Drive Waterfront At.Enchanted Bay (j Abatement. LA-C-0001 1 5 5625 Grenada Drive Waterfront-At Enchanted 2g L_ No Abatement- LA_C_0001 1 3 . 5633 Grenada Drive-- Waterfront At Enchanted Ray No Abatement Page 3 of 3