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HomeMy WebLinkAboutContract 36897-CA2 ASSIGNMENT OF TAX ABATEMENT AGREEAP ECRETARY CONTRACT ND, - This Assignment of Tax Abatement Agreement is made and entered into by and between Woodhaven Custom Homes, L.L.C., ("Assignor") and Loretta Padilla, ("Assignee") and the City of Fort Worth, ("City") RECITALS A. Waterview Estates, L.P., Pars Investment, Inc., General Partner ("Waterview") and the City of Fort Worth, Texas (the "City") entered into that certain Tax Abatement Agreement ("Agreement") for Property Located 5437 Grenada Drive ; Lot 27; Block 1; 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 36897 ("Agreement'): B. Pursuant to that certain Special Warranty Deed dated as of 08/03/2007, recorded under Tarrant County Deed Records, Waterview conveyed the Property to Assignor and Assignor acquired title to the Property which is the subject of the Agreement: C. Section 5 of the Agreement permits Waterview to assign all of its rights under the Agreement to Woodhaven Custom Homes, L.L.C. ("Woodhaven"), without obtaining the prior consent of the City Council: D. Waterview assigned the Agreement to Woodhaven Assignor; such Agreement is dated 08/03/2007 City Secretary Contract Number 38843. E. Pursuant to that certain Special Warranty Deed dated as of_March 11, 2011_, recorded under Tarrant County Deed Records, Assignor conveyed the Property to Loretta Padilla and Assignee acquired title to the real property which is the subject of the Agreement. F. 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: 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: OFFICIAL RECORD CITY SECRETARY 1 FT. NORTH,TX L 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 11, 2011 ("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. 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& Economic Development Department Neighborhood Empowerment Zone Program 1000 Throckmorton Fort Worth, Texas 76102 2 ASSIGNOR: Woodhaven Custom Homes, L.L.C. 1221 N 135 E Carrollton, Texas 75006 ASSIGNEE: Loretta Padilla 5437 Grenada Drive Fort Worth, Texas 76119 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: Woodhaven Custom Homes,L.L.0 Signature:_ Name:�M Moayedi Title• emeber ASSIGNEE: Loretta Padilla Signatu /"; �� FCIA CORD N retta Padil la ETARY H, TX 3 ASSIGNOR: Woodhaven Custom Homes, L.L.C. 1221 N 135 E Carrollton, Texas 75006 ASSIGNEE: Loretta Padilla 5437 Grenada Drive Fort Worth, Texas 76119 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: Woodhaven Custom Homes, L.L.0 Signature: Name: _Mehrdad Moayedi Title: Memeber ASSIGNEE: Loretta Padilla I Signature . OFFICIAL RECORD Name: oretta Padilla CITY SECRETARY cT WORTH, TX 3 CITY OF FORT WORTH Su an lanis Ass* nt City Manager ATTEST: ex's q r T.. Marty Hendrix, City§ecr etary r.� APPROVED AS TO FORM AND LEGALITY: &J��Ul UL Melinda Ramos Assistant City Attorney M & C: C-22514 OFFICIAL RECORD CITY SECRETARY FT NORTH, TX 4 STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, the undersigned authority, on this day personally appeared Susan Alanis 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 she 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 she 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 2011. ��" 41 A Notary Public in and for the State of Texas oz,vo-w LINDA M.HIRRLINGER MV COMMISSION EXPIRES F*sUWy2,2014 OFFICIAL (RECORD CITY SECRETARY FT WORTH, TX 5 STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, the undersigned authority, on this day personally appeared Mehrdad Moayedi, Member of Woodhaven Custom 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 and as the act and deed of the Woodhaven Custom Homes, L.L.C. a Texas limited liability company. 2011. GIVEN UNDER MY HAND AND SEAL OF OFFICE this P/day of March, N Notary blic in and for LAURA V'=AYLAND My Commission Expires the State of Texas July ta, 2012 STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, the undersigned authority, on this day personally appeared Loretta Padilla, 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. GIV E MY HAND AND SEAL OF OFFICE this day of 2011. YpUTi - Nota u 1c i s r ,5 Nofar PgMMy y U11 1C the State of Te a MY �, C,Scat of Texas Co mly�l e May 26,2073 Piros OFFICIAL RETARY CITY SECR F T.WORTH,TX f ,Sendera Title GF No._106046-INTJ AFTER RECORDING RETURN TO: Sendera Title 4161 McKinney Ave, 4`h Floor Dallas, Texas 75204 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. GENERAL WARRANTY DEED WITH VENDOR'S LIEN Date: March 11, 2011 Grantor: Woodhaven Custom Homes, LLC, a Texas limited liability company Grantor's Mailing Address: 1221 N Interstate 35 E, Carrollton, Texas 75006 Grantee: Loretta Padilla, a single woman Grantee's Mailing Address: 5437 Grenada Drive, Fort Worth, Texas 76119 Consideration: Cash and a Note of even date executed by Grantee and payable to the order of Mortgage Electronic Registration Systems,Inc.,solely as nominee for NTFN Inc.DBA Premier Nationwide Lending, in the Principal Amount of One Hundred Ninety Four Thousand Three Hundred Sixty Seven No/100 Dollars ($194,367.00). The Note is secured by a first and superior vendor's lien and superior title retained in this Deed and by a first-lien Deed of Trust of even date from Grantee to George M. Shanks, Jr., Trustee. Property (including any improvements): Lot 27, Block 1, 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, of the Plat Records of Tarrant County, Texas. Reservations from Conveyance: None Exceptions to Conveyance and Warranty: Liens described as part of the Consideration and ally other liens described in this deed as being either assumed by Grantee or subject to which title is taken by Grantee; validly existing restrictive covenants common to the platted subdivision in which the Property is located.- standby fees, taxes, and assessments by anv taxing authority for the year 201 1 and subsequent years. validly existing utility easements created by the dedication deed or plat - 1 - of the subdivision in which the Property is located; validly existing reservations or exceptions approved in writing by Grantee and described in Schedule B of the Owner Policy for Title Insurance issued to Grantee as part of this transaction; any discrepancies, conflicts, or shortages in area or boundary lines, or any encroachments or protrusions, or any overlapping of improvements; homestead or community property or survivorship rights, if any, of any spouse of Grantee; and any validly existing titles or rights asserted by anyone, including but not limited to persons, the public, corporations, governments, or other entities,to (a)tidelands or lands comprising the shores or beds of navigable or perennial rivers and streams, lakes,bays, gulfs, or oceans, (b) lands beyond the line of the harbor or bulkhead lines as established or changed by any government, (c) filled-in lands or artificial islands, (d) statutory water rights, including riparian rights, or(e)the area extending from the line of mean low tide to the line of vegetation or the right of access to that area or easement along and across that area. 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 successors and assigns 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, except as to the Exceptions to Conveyance and Warranty. It is expressly agreed that the Vendor's Lien, as well as Superior Title in and to the Property, is retained against the Property until the Note and all interest thereon is fully paid according to the face,tenor, effect and reading thereof,when this Deed shall become absolute. Lender,at the instance and request of the Grantee,has advanced and paid in cash to the Grantor that portion of the purchase price of the Property evidenced by the Note, and as such, the Vendor's Lien, together with the Superior Title to the Property, is retained herein for the benefit of Lender and the same are hereby transferred and assigned to Lender, its successors and assigns. When the context requires, singular nouns and pronouns include the plural. [SIGNATURE FOLLOWS ON NEXT PAGE] Grantor: Woodhaven Custom Homes, LLC, a Texas limited liability company : B Y G�--�---�( Name: Mehrdad Moayedi, Managing Member ACKNOWLEDGMENT STATE OF TEXAS § COUNTY OF § This instrument was acknowledged before me on V !/ ' `f' 2011, by Mehrdad Moayedi, Managing Member of Woodhaven Custom Homes, LLC, a Texas limited liability company, on behalf of said limited liability ompany. IN Notary Publi , State of Texas -1vUX._ ncvicw ru11c 1 vi ► official site of the City of Fort Worth,Texas CITY COUNCIL AGENDA FORTWoRTiI COUNCIL ACTION: Approved As Amended on 11/6/2007 DATE: 11/6/2007 REFERENCE C-22514 LOG NAME: 05ENCHANTEDBAY NO.. CODE: C TYPE: NON- 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.cfwnet.org/council_packet/mc_review.asp?ID=8145&councildate=l 1/6/2007 05/19/2009 Lviact; tceview rage 1 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 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 1/6/2007 05/19/2009 .'Mmec Keview rage s of s 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 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 .. R .r t R y� NEZ Ce '�'rf:#.,r .,;Bfgc1c Lit. e ddr ss �.l%-I,€' LA-C-0001-001 1 1 56411 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-002 1 2 56371 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-003 1 4 56291 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 56091 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-007 1 10 .56051 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-CO01-008 1 11 56011 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-009 1 12 55491 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 5541 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-012 1 15 5537 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 55291 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-015 1 18 55251 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-016 1 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 5437 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-020 1 28 54291 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-021 1 1 29 54251 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-022 1 30 54211 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-023 1 31 54171 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-024 1 33 .54091 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-025 1 35 54011 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 5640 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 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 1 8 58051 Grenada Court Waterfront At Enchanted Bay Tax Abatement LA-C-0001-035 2 1 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 1 14 56081 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-041 2 1 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. lWaterfront At Enchanted Bay Tax 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 . c v z +.ititi NE �ert:# "_;. .Bfock3o`lStretAess � raSbd�u�s�on* �FFafement LA-C-0001-045 2 19 55641 Thunder Bay Dr. Waterfront At Enchanted Bay Tax 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14 5525 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-071 3 15 55211 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 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 55051 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-076 3 20' 55011 Thunder Bay Dr. Waterfront At Enchanted Bay Tax Abatement LA-C-0001-077 3 21 54241 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-078 3 1 22 54281 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-079 3 1 23 54321 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-080 3 1 24 54361 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 55041 Grenada Drive Waterfront At Enchanted Bay Tax Abatement- LA-C-0001-086 3 30 55081 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-087 3 31 55121 Grenada Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-088 3 32 5516 Grenada Drive Waterfront At Enchanted Bay Tax Abatement- ILA-C-0001-089_ 1 3 1 33 5520 Grenada Drive lWaterfront At Enchanted Bay Tax Abatement LA-C-0001-090 I —3--F3-4 5524 Grenada Drive Waterfront At Enchanted Ba Tax 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 NF 00 ad"" 8 SIM-604 ,6-6 iv n=Q`r 0% , 'Ah T* E LA-C-0001-091 3 35 55281 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 57531 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-0001-100 5 14 5813 Maui Drive Waterfront At Enchanted Bay Tax Abatement LA-C-0001-101 5 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 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 1 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 53611 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 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 .1 38 5361 Gren6da.Drive: Waterfront At Enchanted Bay No'Abatement LA-C-0001 " 1, [39 :6367:Gr6ri 'a- D6Ve':,!,; Waterfront-AtE Ab nthanted Bay No a ternen't LA-C-0001 1 36 5369 1. Grenadi DriVie,.,' , Waterfront At Enchanted Bay No Abatement LA-C-0001,- 1 1-34 54.051. Grenada Drive Waterfront At Enchanted Bay ,- No-Abatement : LA-C-0001 1 1 `82 54131 Grenada..*D-r*iV- 'e Vaterfr6rit At Enchanted.-Say No.Abaternent: niv,e=:�. Waterfront LA-C-0001 1, 2346505 ,Gr6dada Drive -d'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 19 552.1, Grenada Drive Waterfront At Enchanted Bay No Abatement LA-C-0001 1 1 20 551.71 Grenada Drive Waterfront At Enchanted Bay No Abatement LA-C-0001 1 8 56131 Grenada Drive Waterfront At Enchanted Bay No Abatement LA-C-0001 1 5 56251 Grenada Drive lWaterfront At Enchanted Bay No Abatement LA-C-0001 1 3 —56-3 Grenada Drive ' lWaterfront At Enchanted Bay No Abatement Page 3 of 3