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HomeMy WebLinkAboutContract 42777 (2)CITY MMCR CONTRACT NO. 4211" SETTLEMENT AGREEMENT AND MUTUAL RELEASE This Settlement Agreement and Mutual Release (hereinafter "Agreement") is made by Carter Temple New Jerusalem COGIC (hereinafter "Carter Temple") and City of Fort Worth (hereinafter "City") by its authorized Assistant City Manager. A. Recitals 1. Carter Temple has alleged that the City has failed to deed to it tax - foreclosed property, Lot 5f, Hollis Subdivision, 5125 Fitzhugh, Fort Worth, Texas ("property"), after it made certain payments to the City. 2. The City denies any liability or wrongdoing. 3. To avoid the uncertainties, annoyance, and expense of litigation, Carter Temple and the City have agreed, without any party making any admission to any other party, to settle the disputes and controversies related to the purchase of the property. 4. Reverend Pinkie Shaw asserts that she is authorized to act on behalf of Carter Temple for purposes of this Settlement Agreement. B. Agreement, Releases & Covenants 5. The City, in consideration for the execution of this agreement, agrees to pay Carter Temple $4,221.21 in full and final settlement of all of Carter Temple's claims against the City related to the purchase and conveyance of the property. Carter Settlement Agreement and Mutual Release ! Page 1 of 8 Temple agrees to pay the City $4,221.21 it obtains through this agreement as payment towards the property. Payment to Carter Temple shall be contemporaneous with Carter Temple's purchase of the property. The parties acknowledge that they understand that this agreement is contingent on Carter Temple's Purchase of the property. 6. The City, m consideration for the execution of this agreement, agrees to convey the property to Carter Temple upon Carter Temples' payment to the City of $1,888.61 and Carter Temple's payment to the Tarrant County Tax Assessor Collector of $2,670.79. Both checks shall be dehvered to the City pnor to and as a condition for the conveyance of the property. Such conveyance will be in the form of Exhibit A, attached and incorporated for all purposes. 7. Carter Temple acknowledges and agrees that it is solely responsible for the payment of all outstanding property taxes for the property including all post - judgment taxes and interest. 8. Carter Temple acknowledges that the sale of the property is "as -is" and that it takes subject to al hens, judgments, taxes, or any other encumbrances. 9. Carter Temple, m consideration for the execution of this Agreement and the payment of the settlement amount and other consideration as stated in the Agreement, forever releases, acquits, and discharges the City, together with the City's officers, employees, legal representatives, subsidiary organizations, that might be Settlement Agreement and Mutual Release Page 2 of 8 liable, from all claims, demands, charges, and costs of court, including but not limited to attorney fees and causes of action of whatever nature, on any legal theory arising from the circumstances surrounding the purchase of the property, and from all liability and damages of any kind, known or unknown, ansmg from the events surrounding the purchase of the property, whether in contract or in tort. 10. Carter Temple accepts this consideration m full satisfaction of all damages or claims that are owed to it or that may be owed to it by the City. And Carter Temple understands this is a compromise and settlement of all matters against the City as well as any other claim it may have against the City ansmg from the purchase of the property. 11. Carter Temple understands its acceptance of the consideration is in full accord and satisfaction of the claims made against the City with regard to the purchase of the property, and the City's payment of consideration is not an admission of any liability. 12. In executing this release, Carter Temple acknowledges that it is not relying on any statement or representation of the City or any of its agents regarding the matters in dispute. Carter Temple further acknowledges that it is relying on its own judgment in this matter. Carter Temple has read the contents of this release and understands the legal consequences of this release. Carter Temple understands that this release shall operate as a full, complete, and final release and settlement of all Settlement Agreement and Mutual Release Page 3 of 8 claims it has made against the City with regard to the purchase of the property. 13. Carter Temple acknowledges that this Agreement is a complete, written statement of the terms and conditions of the settlement. And Carter Temple signs this Agreement of its own free will and accord. 14. The City shall pay the settlement amount and convey the property to Carter Temple within thirty days of the Agreement's execution. C. Other Provisions 15. This Agreement reflects the entire agreement between the City and Carter Temple. T here are no other agreements, either written or oral, and the execution of this agreement supersedes all earlier representations, negotiations, or agreements about this matter. 16. This Agreement shall be governed and construed by the laws of the State of Texas. Executed: Settlement Agreement and Mutual Release 2011. Carter Temple New Jerusalem By, y Pinkie Shaw, Reverend City of Fort Worth, Texas OFFICIAL RECORD CITY SECRETARY Ft. t; ' rdi l TX Settlement Agreement and Mutual Release Fernando Costa, Assistant City Manager OFFICIAL RECORD CITY SECRETARY Ft WORTH, TX Page 5 o, ATTEST: By: 1ft1 City Sec�ret�ry City of Fort Worth APPROVED AS FORM AND LEGALITY: By: C\ r Christopher B. Mobley Senior Assistant City Attorney V52°Ro Contract Authorization \ -• k3. i\ Date • ecay,n-vvixtitt ,fos r tetkuo°° ?°°c ler AM °°a°oad0° Nsscr 1110:a oS- OFFICIAL & C O J CITY SEC KliARV Page 6 of 8 Settlement Agreement and Mutual Release VERIFICATIONS STATE OF TEXAS COUNTY OF TARRANT BEFORE ME, the undersigned authority, Notary Public in and for the State of Texas, on this day personally appeared Reverend Pinkie Shaw, 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, and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE this 2011. {SEAL} tg E R /A/ '%,,�� ,• �Q� •�`i P U• . l • • • • • • �• • • • s A- . -9jE OFF • ii/08 _ 31-20 ver.. ate.. GOO.° •••"' •••••• ••••••• Notary Public in an for the State of Texas OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX Settlement Agreement and Mutual Release Page 7 of 8 STATE OF TEXAS COUNTY OF TARRANT BEFORE ME, the undersigned authority, Notary Public in and for the State of Texas, on this day personally appeared Fernando Costa, known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that she executed the same for the purposes and consideration therein expressed, and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE this g day of {SEAL} 1a17-naY firta otary Public in and for the State of Texas 1 1 • 1 ,,,,,,,,,,,, .. fir : E VOMA. DANIELS � ,. �. bi t ir�{f,.is:ii`- .' EXPIRES 4 OFFICIAL RECORD CITY SECRETARY hi. WORTH, TX Settlement Agreement and Mutual Release Page 8 of 8 M&C Review Page 1 of 2 COUNCIL ACTION: Approved on 12/13/2011 Official site of the City of Fort Worth, Texas FORT WORTH DATE: 12/13/2011 REFERENCE NO.: **L-15296 LOG NAME 17FITZHUGH5125 CODE: L TYPE: CONSENT PUBLIC NO HEARING: SUBJECT: Authorize the City of Fort Worth to Enter Into a Settlement Agreement and Mutual Release with Carter Temple New Jerusalem Church of God in Christ and Authorize the Direct Sale of a Tax -Foreclosed Property Located at 5125 Fitzhugh Avenue to Carter Temple New Jerusalem Church of God in Christ for $4 559.40 (COUNCIL DISTRICT 5) RECOMMENDATION: It is recommended that the City Council: 1. Authorize the City of Fort Worth to enter into a Settlement Agreement and Mutual Release with Carter Temple New Jerusalem Church of God in Christ in which the City of Fort Worth shall pay $4,221.21 and the Carter Temple New Jerusalem Church of God in Christ will pay $4,559.40 for the property located at 5125 Fitzhugh Avenue; 2. Authorize the direct sale of a tax -foreclosed property located at 5125 Fitzhugh Avenue in accordance with Section 34.05 of the Texas Tax Code, to Carter Temple New Jerusalem Church of God in Christ for $8,780.61; and 3. Authorize execution and recording of the appropriate instruments conveying the property to complete the sale. DISCUSSION: In October, 2009, M&C L-14877 authorized the sale of tax -foreclosed property located at 4125 Fitzhugh Avenue to Carter Temple New Jerusalem Church of God in Christ (the Church). The Church paid $4,559.40, an incorrect amount given to them by a City Staff member. The correct purchase price is $8,780.61 The Pastor and President of the Church, Pinkie Shaw, wrote the City of Fort Worth demanding to purchase the property for the amount paid in 2009 $4,559.40, since they never received a deed for the property and feel they should not be penalized for Staff error. Staff recommends that the City of Fort Worth settle this matter by selling the property to the Church for the previously agreed price of $4,559.40 and that the City of Fort Worth pay the additional $4,221 21 that is due to Tarrant County. ADDRESS LEGAL DESCRIPTION PRICE ZONING 5125 Fitzhugh Ave. Lot 5F, Hollis Subdivision $8,780.61 A- 5 This property is located in COUNCIL DISTRICT 5, Mapsco 79T. FISCAL INFORMATION/CERTIFICATION: The Financial Management Services Director certifies that upon approval of the above recommendation funds will be available in the current operating budget of the Risk Management Fund. The Housing and Economic Development Department is responsible for the collection and deposit of funds due to the City. TO Fund/Account/Centers FROM Fund/Account/Centers http://apps.cfwnet.org/council_packet/mc review.asp7ID=16146&councildate=12/13/2011 1/12/2012 M&C Review GG01 240126 0000000 $8.780.61 Submitted for City Manaaer's Office by: Oriainatina Department Head: Additional Information Contact: ATTACHMENTS 5125FITZHUGH.ndf FE71 534050 0137120 $4,221.21 Fernando Costa (6122) Jay Chapa (5804) Cynthia Garcia (8187) Katherine Davenport (7923) Page 2 of 2 http://apps.cfwnet.org/council_packet/mc review.asp?ID=16146&councildate=12/13/2011 1/12/2012