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HomeMy WebLinkAboutContract 36779-CA1 CITY SC�EINIY CONTRACT 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 5556 Thunder Bay Drive ; Lot 21; Block 2; 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 36779 ("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 March 29, 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 is March 29, 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 OFFICIAL RECORD CITY SECRETARY 1 FT- WORTH RECEIVED APR 17 2013 , TX and all rights, duties and obligations arising, accruing or relating to the period thereafter shall be allocated to Assignee. 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., Pars Investment, Inc., General Partner Name: Mehrdad Moayedi Title: President ASSIGNEE Impr s 'on Homes, L.L.C. Nam : Bruce Heikkinen Title: Managing 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. Cownterparts. 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 game: Mehrdad Moavedi Title: President ASSIGNEE:Impression Homes,L.L.C. Name: Bruce Heikkinen Title: Managing Member 3 CITY OF FORT WORTH Fernando Costa Assistant City Manager ATTEST: , - a d ° °°o rip, G �' o o F �o�aT ar Kayser ° o Flot, City Secret °000000 & A PPR O�'ED AS TO FORM AND LEGALITY: ter r Ev Melinda Ramos Sr. Assistant City Attorney M & C: C-22514 OFFICIAL RECORD CITY SECRETARY '" 4 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. / ems-ur/ Notary Public in and for the State of Texas EE: [JONIA DANIELSMY COMMISSION EXPIRES July 10,2013 5 STATE OF TEXAS § COUNTY OF�§ 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 uA,NTD AND SEAL OF OFFICE this day of ��t: 'i ' 2013. 0 �G�PIIY{,,n(, Notary P tic in and for LAURA L WAYLAND the State of Texas My Commission Expires July 14,2016 r'9II C1F iCY4 STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, the undersigned authority, on this day personally a aced Bruce Heikkinen, Managing Member of Impression Homes, L.L.C. kno o me to be the person whose name is subscribed to the foregoing instrument, acknowledged to me that he executed the same for the purposes and conside n therein expressed, in the capacity therein stated. GIVEN UNDER MY D AND SEAL OF OFFICE this _ day of ,2012. Notary Pub . m and for the Stat -Texas 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 stments, Inc., General Partner,known to me to be the person whose name is sub)>edbed to the foregoing instrument, and acknowledged to me that he executed th e for the purposes and consideration therein expressed, in the capacity there' ated and as the act and deed of Waterview Estates, L.P., a Texas Limited P ship, Pars Investment, Inc., General Partner. GIVEN UNDER HAND AND SEAL OF OFFICE this day of , 2013. Notary Public ' and for the State o exas 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 thi7( day of (� NV-f,Sn , 2013 � .P,� NIKKI JACKSON r 5,••..•.r� Notary Public in d for ";' Notary Public,state of Texas .I i My Commission Expires the State of Tex „,n;;r February 16, 2016 6 NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING INFORMATION FROM ANY INSTRUMENT THAT TRANSFERS AN INTEREST IN REAL PROPERTY BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER. SPECIAL WARRANTY DEED Date: I ' r_ 1 ,2013 Grantor: Waterview Estates,a Texas limited partnership Grantor's Mailing Address: 1221 N. Interstate 35E, Suite 200 Carrollton, Dallas County, Texas,75006 Grantee: Impression Homes,LLC,a Texas limited liability company Grantee's Mailing Address: P.O. Box 1838 Keller,Texas 76244-1838 Consideration: Ten Dollars and No/100 ($10.00) and other good and valuable consideration,the receipt and sufficiency of which are hereby acknowledged. Property (including any improvements): As listed on the attached Exhibit "A" which is incorporated herein as if fully set forth at length. Reservations from Conveyance: None. Exceptions to Conveyance and Warranty: All validly existing encumbrances, conditions and restrictions, relating to the hereinabove described Property as now reflected by the records of the County Clerk of Tarrant County, Texas, provided the Exceptions to Conveyance and Warranty do not include liens or conveyances affecting the Property, unless same are expressly identified in this Deed. All reservations, conveyances and leases of oil, gas or other minerals identified in Schedule B of the title commitment furnished to Grantee at or before execution and delivery of this Deed,if any,are Exceptions to Conveyance and Warranty. Grantor,for the Consideration and subject to the Reservations from Conveyance and the Exceptions to Conveyance and Warranty, grants, sells, and conveys to Grantee the Property, together with all and singular the rights and appurtenances thereto in any way belonging, to have and to hold it to Grantee and Grantee's heirs, successors, and assigns forever. Grantor binds Grantor and Grantor's heirs and successors to warrant and forever defend all and singular the Property to Grantee and Grantee's heirs, successors, and assigns against every person whomsoever lawfully claiming or to claim the same or any part thereof, when the claim is by, through or under Grantor, but not otherwise, except as to the Reservations from Conveyance and the Exceptions to Conveyance and Warranty, Special Warranty Deed PAGE 1 Lot 21,Block 2-Waterfront of Enchanted Bay GRANTOR: Waterview Estates,L.P. a Texas limited partnership By: Centamtar Terras,LLC, a Texas limited liability company, Its general partner By: CTMGT,LLC, a Texas limited liability company, Its Manager By: Mehrdad Moayedi, Manager STATE OF TEXAS COUNTY OF DALLAS This instrument was acknowledged before me on "l , 2013, by Mehrdad Moayedi, Manager of CTMGT, LLC, as manager of Centamtar Terras, LLC as the general partner of Waterview Estates,LP a Texas limited partnership on behalf of said partnership. �S Idly, / LAURA L WAYLAND My commission Expires Notary Public, State of Texas Iuly 141 2016 's4rc oF'�i AFTER RECORDING RETURN TO: Impression Homes,LLC P.O.Box 1838 Keller,Texas 76244-1838 Special Warranty Deed PAGE 2 Lot 21,Block 2-Waterfront of Enchanted Bay Exhibit"A" Legal Description Lot 21, Block 2 of WATERFRONT AT ENCHANTED BAY, an Addition to the City of Fort Worth, Tarrant County, Texas, according to the Plat thereof recorded in Cabinet A, Slide 11723, Plat Records of Tarrant County,Texas. Special Warranty Deed PAGE 3 Lot 21,Block 2-Waterfront of Enchanted Bay M&C Review rage 1 Vl J Official site of the City of Fort Worth,Texas CITY COUNCIL AGENDA FaRr +'oiTr COUNCIL ACTION: Approved As Amended on 11/6/2007 DATE: 11/6/2007 REFERENCE C-22514 LOG NAME: 05ENCHANTEDBAY NO.. NOW PUBLIC CODE: C TYPE: 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 M&C Review rage z of s 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 INFORMATION/CERTIFICATION: The Finance Director certifies that this action will have no material effect on City funds. TO Fund/Account/Centers FROM Fund/Account/Centers Submitted for City Manager's Office bk 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.xls Exhibit B for M&C.doc http://apps.cfwnet.org/council_packet/mc_review.asp?ID=8145&councildate=l l/6/2007 05/19/2009 .M&C Review Page 3 of 3 Final TA Agreement for M&C.doc Location Map for M&C.pdf http://apps.cfwnet.org/council_packet/mc_review.asp?ID=8145&councildate=l 1/6/2007 05/19/2009 j 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 NEZ Cert.# .Block �treel?pcldres Subdivision x 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 56171 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-006 1 9 5609 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 LA-C-0001-009 1 12 5549 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-010 1 13 155451 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 5533 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-014 1 17 5529 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 55091 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-018 1 26 54411 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-019 1 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 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 1 33 54091 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-025 1 1 35 54011 Grenada Drive Waterfront At Enchanted Bay 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 2 5636 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-029 2 3 5628 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 5804 Grenada Court Waterfront At Enchanted Bay Tax Abatement LA-C-0001-032 2 6 5800 Grenada Court Waterfront At Enchanted Bay Tax Abatement LA-C-0001-033 2 7 5801 Grenada Court Waterfront At Enchanted Bay Tax Abatement LA-C-0001-034 2 8 5805 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 5620 Thunder Bay Dr. Waterfront At Enchanted Bay Tax 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 Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-040 2 14 5608 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-041 2 15 56041 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 ITax Abatement Page 1 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 NEZ"inert.# r =Block Lot ," St�eet.'AdcfFess Subd�uls'ian Abatements: . LA-C-0001-045 2 19 5564 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-046 2 20 5560 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-047 2 21 5556 Thunder Bay Dr. Waterfront At Enchanted Bay Tax 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 Bay 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 5532 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-054 2 28 5528 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-055 2 29 5524 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 56171 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement. LA-C-0001-059 3 1 3 56131 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-060 3 4 5609 Thunder BayDr. 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 Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-063 3 7 5553 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-064 3 8 55491 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-065 3 1 9 55451 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-066 3 1 10 55411 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-067 3 1 11 55371 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-068 3 12 5533 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-069 3 13 5529 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 55171 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-073 3 1 17 55131 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-074 3 1 18 55091 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-075 3 1 19 55051 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 54361 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-081 3 1 25 54401 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 15508 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 32 5516 Grenada Drive lWaterfront At Enchanted Bay Tax Abatement LA-C-0001-089 3 33 5520 Grenada Drive lWaterfront At Enchanted Bay Tax Abatement LA-C-0001-090 1 3 34 55241 Grenada Drive Waterfront At Enchanted Bay Tax Abatement Page 2 of 3 a ' 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 u , bIEZ;..C�ert.�#�' LA-C-0001-091 3 35 5528 Grenada Drive Waterfront At Enchanted Bay Tax 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 Bay Tax Abatement LA-C-0001-094 4 33 5752 Maui Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-095 5 9 5749 Maui Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-096 5 10 5753 Maui Drive Waterfront At Enchanted Bay 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-000 1-100 5 14 58131 Maui Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-101 5 1 15 58171 Maui Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-102 5 16 5821 Maui Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-103 5 17 5428 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 20 54161 Saba Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-107 5 21 54121 Saba Drive Waterfront At Enchanted Bay Tax Abatement LA-C-000 1-108 5 1 22 54081 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 1 14 53691 Saba Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-114 6 1 15 53731 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 5364 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-117 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 LA-C-0001 : . .1 ' ,38 5361 Grenada Drive Waterfront At Enchanted Bay No:Abatement LA-C-0001 1 39 5367 Grenada Drive ,.;; Waterfr6nt:At Enchanted Bay No Abatement LA-C-0001 1 36. '5369 Grenada Drive 'Waterfront At Enchanted. Bay No Abatement LA-C-0001 1 34 54.05 Grenada Drive Waterfront`At.Enchanted Bay ; No:.Abatem-ent LA=C=000.1 1 32 5413 Grenada Drive Waterfront At Enchanted 5Bay No Abatement : LA-C-0001 1 23 :5505 Grenada Drive`".: 'Waterfront At Enchanted Bay`:: No,Abatement LA-C-0001 1 24 5501 Grenada Drive Waterfront At"Enchanted. Bay No Abatement LA-C-0001 "1 25 5445 Grenada Drive Waterfront At Enchanted,Bay No Abatement LA-C-0001 1 19 562.1 Grenada Drive Waterfront At Enchanted Bay No Abatement LA=C-0001 1; 20 5517 Grenada Drive Waterfront At Enchanted Bay . No Abatement LA-C-000.1 1 8 5613 Grenada.Drive Waterfront At Enchanted. Bay` No Abatement LA-C-0001 1 1 1 5 5625 Grenada Drive Waterfront At Enchanted Bay No Abatement' LA-C-0001 11 3 5633 Grenada Drive, Waterfront At Enchanted Bay INo I Abatement Page 3 of 3