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HomeMy WebLinkAboutContract 36798-CA1 Cow fiY'9C• wo9,_.�__ __._ 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 5504 Grenada Drive ; Lot 29; 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 36798 ("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 # ov,A ,2012 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 is 2012("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 period thereafter shall be allocated to Assignee. OFFICIAL RECORD CITY SECRETARY 1 FT.WORTHi 79 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 and Economic Development Department (NEZ) 1000 Throckmorton Fort Worth,Texas 76102 ASSIGNEE: Waterview Estates, L.P. Pars Investment, Inc., General Partner 3901 Airport Freeway, Suite 200 Bedford, TX 76021 ASSIGNOR: Impression Homes, L.L.C. P.O. Box 1838 Keller, Texas 76244 2 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. 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.,Paq,Investment,Inc.,General Partner sipature Name: Mehrdad Moa edi Title: President ASSIGNEE:Impression Homes,L.L. Name: B eikkinen T' gnggjjjg Member 3 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. 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 �turc. Name: Mchrdad Mmyedi Title: Presid4eiic ASSIGNEE: Impre ion Ho , L.L.C. sigpatum Name: Bruce Heikkinen Title: Managing Member 3 CITY OF FORT WORTH Fernando Costa Assistant City Manager ATTEST: A7 O 4 a F`7 Mary Kayse City Secretary 40000d000 �.cy APPROVED AS TO FORM AND LEGALITY: Melinda Ramos Sr. Assistant City Attorney M &C: C-22514 OFFMIAL RECORD CITY SECRETARY 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. C` GIVEN UNDER MY HAND AND SEAL OF OFFICE this day of 20" S NJury Public in and for WONIA I)AA11 the State of Texas ... ARYroran�+aslarv �l $ ,!tidy 10#2013 5 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 In T ents, Inc., General Partner,known to me to be the person whose name is sub " ed to the foregoing instrument, and acknowledged to me that he executed t1la ame for the purposes and consideration therein expressed, in the capacity theren-stated and as the act and deed of Waterview Estates, L.P., a Texas Limited P ership, Pars Investment, Inc., General Partner. GIVEN UNDER HAND AND SEAL OF OFFICE this day of 2012. Not Public in and for the State of Texas 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. 1 GIVEN WNDER MY HAND AND SEAL OF OFFICE this day of , 012. m Wul Notary Publi i d or the State of Texas " x �t is ` - oty ! %lf OF S�4�\sue• MY C(S r'7p�G•Sti{Fe f1i 1Er�4 ,1 F4nt1NP SS!`111 -yP) �,y p _ f1137�' 19 21it,' 6 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 ER MY HAND AND SEAL OF OFFICE this day of .Qf' 2017. YY� ro;,F gryl, P. Krumwfedo �'��' `•_.Notary Public,State o!' G=3 Notary ublic in and for ', r3 the State of Texas Gi •...�Y,. My Commission Expires:`` °'a March 31,2015 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. kno me to be the person whose name is subscribed to the foregoing instrumen d acknowledged to me that he executed the same for the purposes and con_sjdoralon therein expressed, in the capacity therein stated. GIVEN UNDER 1• HAND AND SEAL OF OFFICE this _ day of 2012. Notary Pub1 i in ft and for the State oexas 6 ��ivc� i�avi�w Pagel of 3 Official site of the City of Fort Worth,Texas FORT Woraii ffY COUNCILAGENUA COUNCIL, ACTION: Approved As Amended on 11/6/2007 L DATE: 11/6/2007 REFERENCE C-22514 LOG NAIWF: 05ENCHANTEDBAY NO.: CODE: C TYPE: NON- PUBLIC CONSENT HEARING: NO 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 IV.M%- 1W V1Vw Page 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 $2,750,00 over the five-year period for each house. However, this estimate may be different from the actual tax abatement value, which will be calculated based on the TAD appraised value of the property. The tax abatement agreement provides that the agreement may be assigned without subsequent City Council approval to Woodhaven Homes, L.P., or another builder approved by the City Manager or his designee or the developer's first mortgage, or to a homebuyer who will use the required improvements as his/her primary residence, or to the homeowner's mortgagee. All other assignments must be approved by City Council. The agreement also provides that the failure of the owner to send the City notification of the sale of the required improvements and the executed assignment of the agreement with the new owner within 30 days of the transfer of ownership of the required improvements shall result in the automatic termination of the Agreement. This property is located in COUNCIL DISTRICT 5, FISCAL INFORMATIONICERTIFICATION: The Finance Director certifies that this action will have no material effect on City funds. TO Fund Account/Centers FROM Fund/AccountlCenters Submitted for City Manager's Office by: Dale Fisseler (6140) Originating Department Head„ Jerome Walker(7537) Additional Information Contact: Sarah Odle (7316) ATTACHMENTS Continued Exhibit B for M&C.pdf Exhibit A for M&C.xis Exhibit B for M&C.doc http://apps.cfwnet.org/council_packet/mc review.asp?ID=8145&councildate=11/6/2007 05/19/2009 IV ncvlcw Page 3 of 3 Final TA Agreement far M&C.doc Location Map for M&C.pdf http://apps.cfwnet.org/council_packet/mc review.asp?ID=8145&councildate=11/6/2007 05/19/2009 WATERFRONT AT ENCHANTED BAY PHASE 1A David Strickland Survey, Abstract No. 1376 City of Fort Worth,Tarrant County,Texas Filed in Cabinet A, Slide No.11723, Plat Records, Tarrant Co., Texas on 02/23/07 jNEZ Cert- Bl oc Lat tr#etv4k d s '..$'%ibdWisr'on. ' Abatements LA-C-0001-001 1 1 5641 Grenada Drive Waterfront At Enchanted Bay 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 5605 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-008 1 11 5601 Grenada Drive Waterfront At Enchanted Bay Tax Abatement L..A-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 14 55411 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-012 1 15 55371 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 1 17 55291 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 5441 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-019 1 27 54371 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-020 1 28 5429 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-021 1 29 5425 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-022 1 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 6401 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-026 1 37 53651 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-027 2 1 56401 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-028 2 2 56361 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-029 2 1 3 56281 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 58041 Grenada Court Waterfront At Enchanted Bay Tax Abatement LA-C-0001-032 2 6 58001 Grenada Court Waterfront At Enchanted Bay Tax Abatement LA-C-0001-033 2 7 58011 Grenada Court Waterfront At Enchanted Bay Tax Abatement LA-C-0001-034 2 8 58061 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 Bay Tax Abatement LA-C-0001-037 2 11 56201 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-038 2 12 56161 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-039 2 13 56121 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-040 2 14 56081 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-041 2 1 15 6604 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 Bay Dr. Waterfront At Enchanted Bay Tax 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 N ---- x1 o"cl Lai :Sti' e# d€iris ,Siihdivrsi ..= A(I ate[n nts LA-C-0001-045 2 19 165641 Thunder Bay Dr. lWaterfront At Enchanted Bay Tax Abatement LA-C-0001-046 2 20 5560 Thunder Ba Dr. Wa terfront At Enchanted BayTax.Abatement LA-C-0001-047 2 21 5556 Thunder BayDr. Waterfront At Enchanted BayTax 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 Ba Tax Abatement LA-C-0001-051 2 25 5540 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-052 2 26 5536 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-053 2 27 55321 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 29 55241 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-056 2 30 55161 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-057 3 1 56211 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 Ba Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-063 3 7 5553l 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 Bay 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 Say Tax Abatement LA-C-0001-068 3 12 55331 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-069 3 13 55291 Thunder Bay Dr. 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 55131 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-074 3 18 55091 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' 5501 Thunder Bay Dr. Waterfront 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 5432 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-080 3 24 5436 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-081 3 25 5440 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 5508 Grenada Drive Waterfront At Enchanted Bay lTax Abatement LA-C-0001-087 3 31 5512 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-088 3 32 5516 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-089 3 33 155201 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-090 3 34 155241 Grenada Drive Waterfront At Enchanted Bay Tax Abatement Page 2 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 NSZ Cent. # Block :Lot Street;Ati0rs Subdivision Aiaterrmertits LA-C-0001-091 3 35 5528 Grenada ©rive Waterfront At Enchanted-gayTax Abatement LA-C-0001-092 3 36 5532 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-093 4 32 5748 Maui Drive Waterfront At Enchanted Ba Tax Abatement LA-C-0001-094 4 33 5752 Maui Drive Waterfront At Enchanted BayTax Abatement LA-C-0001-095 5 9 5749 Maui Drive Waterfront At Enchanted BayTax Abatement LA-G0001-096 5 10 5753 Maui Drive Waterfront At Enchanted Ba Tax Abatement LA-C-0001-097 5 11 5801 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-0001-1- 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 158211 Maui Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-103 5 17 54281 Saba Drive Waterfront At Enchanted Bay 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 1 20 5416 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 5408 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 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 5369 Saba Drive Waterfront At Enchanted Bay Tax Abatement. LA-C-0001-114 6 1 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 53641 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-117 6 18 53601 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-118 6 19 5356 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0041 1 38 5361 Grenada:.Olive Waterfront At Enchanted Fay No'Abatement LA-- -0.001 1 '39 5357 Grenada Drive Waterfront At Enchanted Bay No-Abatement LA-C-0001 1 36' 5369 Grenada Drive Waterfront.At Enchanted Bay No Abatement LA-E-0001 1 .34 5405 Granada Drive Waterfront At Enchanted BayNo.Abatemeri# LA-C�00C}1 11 .'32 6413 G.renad Onve' Waterfront At Enchanted bay No Abatement LA-C-0004 1 -23 5565 1.-Grenada Drive Waterfront At Enchanted-Lay Enchantsq-Lay Nb.Abatdrrient LA- -0001 1 '24 5501 Grenada Drive Waterfront At Enchanted Bay No Abatement LA-C-000.1 1 25 5445 Grenada DrNe WatWront.A# Enchant d B6y No Abatement LA-C-0001 1 19 552-1 Grenada Drive Waterfront At Enchanted Bay No Abatement LA-C-0001 1 20 5517 Grenada Drive Waterfront At Enchanted Bay No Abatement LA-C-0001. 1 8 56 1 3 Grenada Drive Waterfront At Enchanted Ba No Abatement LA-C-0001 I 5 56257 Grenada Drive lWaterfront At Enchanted Bay No Abatement LA,C-0001 1 3 5633 Grenada Drive waterfront At Enci�anted Ba No-Abatement Page 3 of 3