HomeMy WebLinkAboutContract 38617-CA1Date Received: 3/31/2023
Time Received: 8:53 a.m.
Record Number: PN22-00171 C
City Secretary Number: 38617-CAl
PARTIAL ASSIGNMENT AND CONSENT OF ENCROACHMENT AGREEMENT City
Secretary Contract No.38617
THIS PARTIAL ASSIGNMENT AND CONSENT OF ENCROACHMENT
AGREEMENT ("Assignment") is made and entered into as of the 29th day of July, 2022, by and
among the CITY OF FORT WORTH, a Texas home -rule municipal corporation (the "City"),
MUSEUM PLACE FLATIRON BUILDING, LTD., a Texas limited partnership ("Assignor"),
as successor in interest to Museum Place Group 1, Ltd., a Texas limited partnership, and
VANTAGE BANK TEXAS, a Texas state bank ("Assignee"). (Sometimes City, Assignor and
Assignee are referred to individually as a "Party" and collectively as the "Parties").
WITNESSETH:
WHEREAS, the City entered into that certain Easement Encroachment License
Agreement, City Secretary Contract No. 38617 (the "Encroachment Agreement") with Assignor,
Museum Place Holdings, LLC, Museum Place Block C, Ltd., Museum Place Block B, Ltd., and
Museum Place Block A, Ltd., as the owners of a certain leasehold interest in real property known
as the Museum Place Development, as more particularly described in the Encroachment
Agreement ("Overall Property");
WHEREAS, the Encroachment Agreement, filed on June 4, 2009, as Instrument No.
D209150097, Real Property Records, Tarrant County, Texas, is attached hereto as Exhibit "A"
and incorporated herein by reference as if set forth in full;
WHEREAS, Assignor has sold its interest in a portion of the leasehold interest in the
Overall Property known as 3131 West 7th Street (previously known as 3100 Camp Bowie
Boulevard), Fort Worth, Texas 76107 and identified as "BLOCK B 1" on Exhibit "A" of the
Encroachment Agreement (now known as Lot AR, Block 1) ("Block B1"), to Assignee on July
29, 2022 as evidenced by an Assignment and Assumption of Ground Lease recorded as Instrument
No. D222190643 in the Real Property Records of Tarrant County, Texas; and
WHEREAS, in connection with the conveyance, Assignor desires to assign to Assignee
all of Assignor's right, title, and interest in and to the Encroachment Agreement to the extent the
Encroachment Agreement covers Block B 1, but not with respect to any other property covered by
the Encroachment Agreement.
AGREEMENT:
NOW, THEREFORE, for and in consideration of the above and foregoing premises and
the mutual covenants, terms, and conditions herein contained, and other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties hereby
agree as follows:
1. Assignor hereby assigns, transfers, and conveys to Assignee all of Assignor's right,
title, and interest in and to the Encroachment Agreement to the extent the Encroachment
Agreement covers Block B 1.
CSC No. Consent to Assignment
Encroachment Agreement
OFFICIAL RECORD
CITY SECRETARY
FT. WORTH, TX
2. Assignee hereby accepts such assignment and assumes and agrees to perform the
obligations of Assignor arising under the Encroachment Agreement to the extent the
Encroachment Agreement covers Block B 1 following the Effective Date.
3. Assignor hereby indemnifies and holds harmless Assignee from and against any
claim, liability, loss, cost, or expense (including, without limitation, reasonable attorneys' fees)
resulting from Assignor's failure to perform any of the obligations of Assignor under the
Encroachment Agreement (i) on or before the Effective Date, and (ii) pertaining to any property
covered by the Encroachment Agreement other than Block B 1 after the Effective Date. Assignee
hereby indemnifies and holds harmless Assignor from and against any claim, liability, loss, cost,
or expense (including, without limitation, reasonable attorneys' fees) resulting from Assignee's
failure to perform any of the obligations of Assignee under the Encroachment Agreement
pertaining to Block B 1 after the Effective Date.
4. Assignor has full right, power, and authority to enter into this Assignment, to make
the representations set forth herein, and to carry out Assignor's obligations hereunder. Assignee
has the full right, power, and authority to enter into this Assignment, to make the representations
set forth herein, and to carry out Assignee's obligations hereunder.
5. The effective date of this Assignment shall be the date of its execution by the City
(the "Effective Date"). All rights, duties, and obligations under the Encroachment Agreement
arising, accruing, or relating to the period on or before the Effective Date are allocated to Assignor.
All rights, duties, and obligations arising, accruing, or relating to the period after the Effective
Date (i) pertaining to Block B 1 shall be allocated to Assignee, and (ii) pertaining to any property
covered by the Encroachment Agreement other than Block B 1, shall be allocated to Assignor. For
the avoidance of doubt, Assignor shall be responsible for the removal of any City lien imposed on
Block B 1 arising out of Assignor's failure to perform under the Encroachment Agreement.
6. Except as otherwise expressly set forth in this Assignment, Assignor will be
discharged from any and all further obligations under the Encroachment Agreement as to Block
B 1. Assignee will have no obligations under the Encroachment Agreement except to the extent
the Encroachment Agreement covers Block B 1.
7. Assignor represents, warrants, and covenants with City and Assignee that as of the
Effective Date, Assignor is not in default of any of its obligations contained in the Encroachment
Agreement.
8. City hereby consents to this Assignment upon the terms and conditions set forth
herein. Unless and until City has executed this Assignment, it is of no effect. The consent granted
herein should not be construed as consent to any further assignment. The failure or delay of City
in seeking to enforce any provision of the Encroachment Agreement or this Assignment shall not
be deemed a waiver of rights or remedies that City may have or a waiver of any subsequent breach
of the terms and provisions therein or herein contained.
9. Any notice given by any Party to another Party must be in writing and shall be
effective upon receipt when (i) sent by U.S. mail with proper postage, certified mail return receipt
CSC No. Consent to Assignment
Encroachment Agreement
requested or by a nationally recognized overnight delivery service, and (ii) addressed to the other
Party at the address set out below or at such other address as the receiving Party designates by
proper notice to the sending Party:
City
Development Services Department
200 Texas Street
Fort Worth TX 76102
Attention: Director
Assignor
Museum Place Holdings, LLC
2918 Wingate
Fort Worth, TX 76107
Attn: Richard Garvey and Reece Pettigrew
With a copy to:
Brackett & Ellis, PC
100 Main Street
Fort Worth, TX 76109
Attn: Russell Norment
Assignee
Vantage Bank Texas
45 NE Loop 410, Suite 500
San Antonio, TX 78216
Attn: Patty Terry
With a copy to:
Kelly Hart & Hallman LLP
201 Main Street, Suite 2500
Fort Worth, TX 76102
Attn: Chad Key and Teddy Boschini
10. Except as herein otherwise provided, this Assignment will be binding upon and
inure to the benefit of the Parties and their respective successors and assigns.
11. Assignee shall cause this Assignment to be filed of record at Assignee's expense in
the Real Property Records for Tarrant County, Texas.
12. All terms and conditions of the Encroachment Agreement not amended herein
remain unaffected and in full force and effect, are binding on the Parties, and are hereby ratified
by the Parties. Capitalized terms not defined herein shall have the meanings assigned to them in
the Encroachment Agreement.
CSC No. Consent to Assignment
Encroachment Agreement
13. This Assignment may be executed in multiple counterparts, each of which shall be
deemed an original, and all of which, when taken together, shall constitute one and the same
document which may be evidenced by one counterpart.
[SIGNATURES APPEAR ON FOLLOWING PAGES]
CSC No. Consent to Assignment
Encroachment Agreement
ASSIGNOR:
MUSEUM PLACE FLATIRON BUILDING, LTD.,
a Texas limited partnership
By: Museum Place Flatiron Building GP, LLC,
a Texas limited liability company,
its general partner
By:
6-
Nanle-: Richard F. Garve
Title: President
STATE OF TEXAS §
COUNTY OF TARRANT §
lye eb�����y
This instrument was acknowledged before me on this the day of 2023 by
Richard F. Garvey, President of Museum Place Flatiron Building GP, LLC, a Texas limited liability
company, as general partner of Museum Place Flatiron Building, Ltd., a Texas limited partnership, on
behalf of said limited partnership.
Notary Public, State of Texas
[NOTARIAL SEAL]
...... :P;e''• BARBIE L. LEWIS
:•: My Notary ID # 1063048
Expires July 24, 2024
•'.f OF �.�
CSC No. Consent to Assignment
Encroachment Agreement
ASSIGNEE:
VANTAGE BANK TEXAS,
a Texas state bank
i
STATE OF TEXAS
COUNTY OF TARRANT
his i ent was acknowledg bf e e on this the _ day of r u , 2023 by
(/� , as V , __L of Vantage Bank Texas, a Texas
state bank, 6 behalf of sad state bank.
Notary Public, State of Texas
[NOTARIAL SEAL]
1*PY PGB DORIS REILLY
Notary Public
* State of Texas
Nf9ffOF Py ID # 3548799
My Comm. Expires 03-07-2026
CSC No. Consent to Assignment
Encroachment Agreement
APPROVED AS TO FORM AND
LEGALITY:
CITY OF FORT WORTH
9e�e�-�S�Ge;rzsaG� �
Jeremy Anao-Mensah for (Mar 15,202312:35 DT) DJ Harrell (Mar 23, 202315:20 CDT)
FWBC Sec. 3210 DJ Harrell, Director
Thomas Royce Hansen, Assistant City Attorney Development Services Department
City Attorney's Office
Date: Mar 15, 2023
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ATTEST: p°o'�o 00000000
Jannette Goodall
City Secretary
(M&C not Required)
Date: Mar 31, 2023
Date: Mar 23, 2023
Contract Compliance Specialist:
By signing I acknowledge that I am the person
responsible for the monitoring and administration
of this contract, including ensuring all performance
and reporting requirements.
Rebecca Diane Owen
Rebecca Diane Owen (Mar 15, 2023 12:38 CDT)
Date: Mar 15, 2023
Rebecca Owen
Development Manager
OFFICIAL RECORD
CITY SECRETARY
FT. WORTH, TX
Encroachment Assignment Agreement Page 5 of 8
Rev 04/2020
STATE OF TEXAS
COUNTY OF TARRANT
This instrument was acknowledged before me on March 23rd , 2023 by DJ
Harrell, Interim Director, as the Director of the Development Services Department of the City of Fort
Worth, a Texas municipal corporation on behalf of the City of Fort Worth.
Wendy L. Digitally signed by
Wendy L. Bea rdslee
Beardslee Date:2023.03.30
13:38:38-05'00'
O�QRY pcW E N D Y L B E A R D S L E E Notary Public, State of Texas
z Notary Public
* STATE OF TEXAS
Notary I.D. 13323719-3
My Comm. Exp. July 28, 2025
Encroachment Assignment Agreement Page 6 of 8
Rev 04/2020
Exhibit "A" to Assignment and Consent of Encroachment Agreement
Copy of Encroachment Agreement
[see following pages]
CSC No.
Encroachment Agreement
Consent to Assignment
OI'f `( SECRETAF'y
eNIY,-,AC,TO
ENCROACHMENT AGREEMENT
STATE OF TEXAS §
COUNTY OF TARRANT §
THIS AGREEMENT is made and entered into by and between the City of
Fort Worth, a municipal corporation of Tarrant County, Texas, acting herein by
and through its duly authorized Planning and Development Department Director,
hereinafter referred to as the "City", and Museum Place Holdings, LLC; Museum
i
Place Group 1, Ltd. (by Museum Place Group 1 GP, LLC, its General Partner);
Museum Place Block C, Ltd. (by Museum Place Block C GP, LLC, its General
Partner); Museum Place Block B, Ltd. (by Museum Place Block B GP, LLC, its
General Partner); and Museum Place Block A, Ltd. (by Museum Place Block A
GP, LLC, its General Partner) hereinafter collectively referred to Grantee(s),
Owners of the property known as the Museum Place Development as shown on
the attached Exhibit
WITNESSETH:
1.
For and in consideration of the payment by Grantee of the fee set out
below and the true and faithful performance of the mutual covenants herein
contained, City hereby grants to Grantee(s) permission to construct/ install and/or
allow to remain, Improvement(s) ("Improvement") that encroaches upon, uses
and/or occupies portions of the space under, on and/or above the streets, alleys,
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sidewalks and other public rights -of -way, such Improvements) are described as
follows:
��yGl�� /�7,tl.vlu� k/.Bfi�-I, �a•v�fTt� �•L�'rZr G/�71f/ �i%Ov�i�`—'�
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The location and description of said Improvement and the encroachment is more
particularly described in Exhibit "A", attached hereto, incorporated herein and
made a part hereof for all purposes.
2.
All construction, maintenance and operation in connection with such
Improvement, use and occupancy shall be performed in strict compliance with
this Agreement and the Charter, Ordinances and Codes of the City and in
accordance with the directions of the Director of Transportation and Public Works
of City, or his duly authorized representative. All plans and specifications thereof
shall be subject to the prior written approval of the Director of Transportation and
Public Works, or his duly authorized representative, but such approval shall not
relieve Grantee of responsibility and liability for concept, design and computation
in preparation of such plans and specifications.
2
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3.
Upon completion of construction and installation of said improvement and
thereafter, there shall be no encroachments in, under, on or above the surface
area of the streets, alleys, sidewalks and other public rights -of -way involved,
except as described herein and shown on the hereinabove referred to Exhibit "A".
4.
Grantee, at no expense to the City, shall make proper provisions for the
relocation and installation of any existing or future utilities affected by such
encroachment use and occupancy, including the securing of approval and
consent from the utility companies and the appropriate agencies of the State and
its political subdivisions. In the event that any installation, reinstallation,
relocation or repair of any existing or future utility or improvements owned by,
constructed by or on behalf of the public or at public expense is made more
costly by virtue of the construction, maintenance or existence of such
encroachment and use, Grantee shall pay to City an additional amount equal to
such additional cost as determined by the Director of Transportation and Public
Works of the City, or his duly authorized representative.
5.
City may enter and utilize the referenced areas at any time for the purpose
of installing or maintaining improvements necessary for the health, safety and
welfare of the public or for any other public purpose. In this regard, Grantee
understands and agrees that City shall bear no responsibility or liability for
i
3
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damage or disruption of improvements installed by Grantee or its successors, but
City will make reasonable efforts to minimize such damage.
i
0
In order to defray all costs of inspection and supervision which City has
incurred or will incur as a result of the construction, maintenance, inspection or
management of the encroachments and uses provided for by this Agreement,
Grantee agrees to pay to City at the time this Agreement is executed a fee in the
sum of Dollars ($
T
The term of this Agreement shall be for thirty years, commencing on the date this
Agreement is executed by the City of Fort Worth.
I 8.
Upon termination of this Agreement, Grantee shall, at the option of City
and at no expense to City, restore the public right-of-way and remove the
Improvement encroaching into the public right-of-way, to a condition acceptable
to the Director of Transportation and Public Works, or his duly authorized
representative, and in accordance with then existing City specifications. It is
understood and agreed to by Grantee that if this Agreement terminates and
Grantee fails to remove the Improvement, Owner hereby gives City permission to
remove the Improvement and any supporting structures and assess a lien on the
Property for the costs expended by the City to remove such improvement.
4
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7
It is further understood and agreed upon between the parties hereto that
the public rights -of -way, alleys, sidewalks ("public right-of-way") to be used and
encroached upon as described herein, are held by City as trustee for the public;
that City exercises such powers over the public right -of way as have been
delegated to it by the Constitution of the State of Texas or by the Legislature; and
that City cannot contract away its duty and its legislative power to control the
public right-of-way for the use and benefit of the public. It is accordingly agreed
that if the governing body of City may at any time during the term hereof
determine in its sole discretion to use or cause or permit the right of way to be
used for any other public purpose, including but not being limited to underground,
surface of overhead communication, drainage, sanitary sewerage, transmission
of natural or electricity, or any other public purpose, whether presently
contemplated or not, that this Agreement shall automatically terminate.
10.
Grantee understands and agrees that the granting of any encroachment
hereunder is not meant to convey to Grantee any right to use or occupy property
in which a third party may have an interest, and Grantee agrees that it will obtain
all necessary permission before occupying such property.
5
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11.
Grantee agrees to comply fully with all applicable federal, state and local
laws, statutes, ordinances, codes or regulations in connection with the
construction, operation and maintenance of said Improvement, encroachment
and uses.
12.
Grantee agrees to pay promptly when due all fees, taxes or rentals
provided for by this Agreement or by any federal, state or local statute, law or
regulation.
13.
Grantee covenants and agrees that it shall operate hereunder as an
independent contractor as to all rights and privileges granted hereunder and not
as an officer, agent, servant or employee of City and Grantee shall have
exclusive control of and the exclusive right to control the details of its operations,
and all persons performing same, and shall be solely responsible for the acts and
omissions of its officers, agents, servants, employees, contractors,
subcontractors, licensees and invitees. The doctrine of respondeat superior shall
not apply as between City and Grantee, its officers, agents, servants, employees,
contractors and subcontractors, and nothing herein shall be construed as
creating a partnership orjoint enterprise between City and Grantee.
14.
GRANTEE COVENANTS AND AGREES TO INDEMNIFY, AND DOES
HEREBY INDEMNIFY, HOLD HARMLESS AND DEFEND CITY, ITS
6
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OFFICERS, AGENTS, SERVANTS AND EMPLOYEES, FROM AND AGAINST
ANY AND ALL CLAIMS OR SUITS FOR PROPERTY DAMAGE OR LOSS
ANDIOR PERSONAL INJURY, INCLUDING DEATH, TO ANY AND ALL
PERSONS, OF WHATSOEVER KIND OR CHARACTER, WHETHER REAL OR
ASSERTED, ARISING OUT OF OR IN CONNECTION WITH, DIRECTLY OR
INDIRECTLY, THE CONSTRUCTION, MAINTENANCE, OCCUPANCY, USE,
EXISTENCE OR LOCATION OF SAID IMPROVEMENT AND
ENCROACHMENT AND USES GRANTED HEREUNDER, WHETHER OR NOT
CAUSED, IN WHOLE OR IN PART, BY ALLEGED NEGLIGENCE OF
OFFICERS, AGENTS, SERVANTS, EMPLOYEES, CONTRACTORS,
SUBCONTRACTORS, LICENSEES OR INVITEES OF THE CITY; AND
GRANTEE HEREBY ASSUMES ALL LIABILITY AND RESPONSIBILITY FOR
SUCH CLAIMS OR SUITS. GRANTEE SHALL LIKEWISE ASSUME ALL
LIABILITY AND RESPONSIBILITY AND SHALL INDEMNIFY CITY FOR ANY
AND ALL INJURY OR DAMAGE TO CITY PROPERTY ARISING OUT OF OR
IN CONNECTION WITH ANY AND ALL ACTS OR OMISSIONS OF GRANTEE,
ITS OFFICERS, AGENTS, SERVANTS, EMPLOYEES, CONTRACTORS,
SUBCONTRACTORS, LICENSEES, INVITEES, OR TRESPASSERS.
15.
While this Agreement is in effect, Grantee agrees to furnish City with a
Certificate of Insurance, naming City as certificate holder, as proof that it has
secured and paid for a policy of public liability insurance covering all public risks
related to the proposed use and occupancy of public property as located and
FI
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described in Exhibit "A". The amounts of such insurance shall be not less than
the following:
$1,000,000 Commercial General Liability
with the understanding of and agreement by Grantee that such insurance
amounts shall be revised upward at City's option and that Grantee shall so revise
such amounts immediately following notice to Grantee of such requirement.
Such insurance policy shall provide that it cannot be canceled or amended
without at least ten (1 b) days prior written notice to the Building Official of the City
of Fort Worth. A copy of such Certificate of Insurance is attached as attached as
Exhibit "B°. Grantee agrees to submit a similar Certificate of Insurance annually
to City on the anniversary date of the execution of this. Agreement.
Grantee agrees, binds and obligates itself, its successors and assigns, to .
maintain and keep in force such public liability insurance at all times during the
term of this Agreement and until the removal of all encroachments and the
cleaning and restoration of the city streets. All insurance coverage required
herein shall include coverage of all Grantee's contractors.
16.
Grantee agrees to deposit with the City when this Agreement is executed
a sufficient sum of money to be used to pay necessary fees to record this
Consent Agreement in its entirety in the deed records of Tarrant County, Texas.
After being recorded, the original shall be returned to the City Secretary of the
City of Fort Worth, Texas
17.
s
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In any action brought by the City for the enforcement of the obligations of
Grantee, City shall be entitled to recover interest and reasonable attorney's fees.
18.
Grantee covenants and agrees that it will not assign all or any of its rights,
privileges or duties under this contract without the prior written approval of the
City Manager or designee. Any attempted assignment without prior written
approval will be void.
19.
THE PARTIES AGREE THAT THE DUTIES AND OBLIGATION
CONTAINED IN PARAGRAPH 8 SHALL SURVIVE THE TERMINATION OF
THIS AGREEMENT,
20.
This Agreement shall be binding upon the parties hereto, their successors
and assigns.
9
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EXECUTED THE J DAY OF
City
City of Fort Worth
By41ani
OLVV'�.�_
SusaDirec
Planning & Development
ATTEST -
City Secreta
LNO M&C RRQUiRED
Approved As To Form And Legality
Assistant City Attorney
Grantee(s).
Museum Place Holdings, LLC
By.
- P� 1� 'G
Richard F. Garve
Manager
Museum Place Group 1, Ltd.
By: Museum Place Group 1 GP, LLC
Its Ge ral artner
4_
By: . &
Richard F. Garvey
Manager
Museum Place Block C, Ltd.
By: Museum Place Block C GP, LLC
Its G ral artner
By: I at 1/)b4L I t
Richard F. Garve
Manager
Museum Place Block B, Ltd.
By: Museum Place Block B GP, LLC
Its Gen I Pa ner
By.
ichard F. Garvey
Manager
Museum Place Block A, Ltd.
By: Mu eum Place Block A GP, LLC
Its Ge ! P rtner
P1, VeAl
By:
Richard F. Gary
Manager
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STATE OF TEXAS §
COUNTY OF TARRANT §
BEFORE ME, the undersigned authority, a Notary Public in and for the State of
Texas, on this day personally appeared Susan Alanis, known to me to be the
person whose name is subscribed to the foregoing instrument, and
acknowledged to me that he/she executed the same for the purposes and
consideration therein expressed, as the act and deed of the City of Fort Worth,
and in the capacity therein stated.
GIVEN UNDER MY HAND AND SEAL OF OFFICE this c9,(o day of
20_U.
Notary Public in and kbthe
State of Texas
R. G. NARt?
N racy Public.:Stase r,t ier>s
My Cc"Y1f1115 an Fyo rf;.%
September 10. 20.;4
11
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STATE OF TEXAS §
COUNTY OF TARRANT §
BEFORE ME, the undersigned authority, a Notary public in and for the State of
! Texas, on this day personally appeared c%li C 1 r r
Known to me to be the person whose name is subscribed to the foregoing instrument,
and acknowledged to me that he/she executed the same for the purposes and
consideration therein express, as the act and deed of each of the following companies:
Museum Place Holdings, LLC,
Museum Place Group 1 GP, LLC, General Partner of Museum Place Group 1, Ltd.,
Museum Place Block C GP, LLC, General Partner of Museum Place Block C, Ltd.,
Museum Place Block B GP, LLC, General Partner of Museum Place Block B, Ltd., and
Museum Place Block A GP, LLC, General Partner of Museum Place Block A, Ltd.,
and in the capacity therein stated.
o
GIVEN UNDER MY HAND AND SEAL OF OFFICE this 11 day of
U rC-" , 20 G t .
Notary Public in an far the
State of Texas
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IARRANT-TT% TX Document:Document - Year.DoclD2009.150097 g:2 J25
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DAVID SCHROEDER
CITY OF FTW PLANNING & DEVELOPMENT
1000 THROCKMORTON
FTW TX 76102
Submitter: CITY OF FORT WORTH/DEVELOPMENT & PLANNING
SUZANNE HENDERSON
TARRANT COUNTY CLERK
TARRANT COUNTY COURTHOUSE
100 WEST WEATHERFORD
FORT WORTH, TX 76196.0401
DO NOT DESTROY
WARNING - THIS IS PART OF THE OFFICIAL RECORD.
Filed For Registration: 512009 01:02 PM
Instrument #: D20 50097
A 25 PGS s105.oa
D209150097
ANY PROVISION WHICH RESTRICTS THE SALE, RENTAL OR USE
OF THE DESCRIBED REAL PROPERTY BECAUSE OF COLOR OR
RACE IS INVALID AND UNENFORCEABLE UNDER FEDERAL LAW.
Printed by: WD
TARRANT - TTS, TX Document:Document - Year.DocED 2009.150097 Page:25 of 25
Printed on:4l8120221:08 PM