HomeMy WebLinkAboutContract 63797CSC # 63797
CONTRACT OF SALE AND PURCHASE
THIS CONTRACT OF SALE AND PURCHASE ("Contract") is made and entered into by and
between the CITY OF FORT WORTH, TEXAS, a home rule Municipal Corporation of the State of Texas,
acting by and through its duly authorized City Manager or Assistant City Manager ("Purchaser") and Susan
Mitchell ("Seller"), as of the date on which this Contract is executed by the last to sign of Seller and
Purchaser ("Effective Date").
AGREEMENT
In consideration of the mutual covenants in this Contract, Seller and Purchaser agree as follows:
Section 1. Sale and Purchase.
(a) Seller agrees to sell and convey to Purchaser and Purchaser agrees to purchase and accept
from Seller, on and subject to the terms and conditions set forth in this Contract approximately 0.27 acres
of land known as Northcrest Block 4, Lot 6, Tarrant County, Texas (also known as 5301 Bendbridge, Fort
Worth, Texas) (the "Land"), together with (i) all buildings, fixtures, structures and improvements thereon;
(ii) any strips or gores between the Land and all abutting properties; (iii) all roads, alleys, rights -of -way,
easements, streets and ways adjacent to or serving the Land and rights of ingress and egress thereto, whether
surface, subsurface or otherwise; (iv) any land lying in the bed of any street, road or access way, opened or
proposed, in front of, at a side of or adjoining the Land, to the centerline of such street, road or access way;
(v) all of Seller's rights, titles and interest, if any, in and to all water rights or any kind or character pertaining
to the Land; and (vi) all licenses, interests, and rights appurtenant to the Land. The Land and Items (i)-(vi)
are collectively referred to as the "Property".
(b) Seller shall convey the Property to Purchaser free and clear of all liens, claims, easements,
rights -of -way, reservations, restrictions, encroachments, tenancies, and any other encumbrances
(collectively, the "Encumbrances") except the Encumbrances appearing in the Title Commitment and the
Survey (hereinafter defined) that are not cured and that are subsequently waived pursuant to Section 3
("Permitted Encumbrances").
(c) Notwithstanding anything to the contrary, Seller hereby retains and reserves from this
conveyance (and the Property does not include) for itself, and its successors and assigns, any and all interest
in any and all oil, gas and other minerals in, on, or under the Land; provided, however, Seller hereby waives
and relinquishes access to any use of the surface of the Property.
Section 2. Independent Contract Consideration and Purchase Price.
(a) Contemporaneously with the execution of this Contract, Purchaser delivers to Seller a
check in the amount of $50.00 ("Independent Contract Consideration") as independent consideration for
Seller's execution, delivery and performance of this Contract. This Independent Contract Consideration is
in addition to and independent of any other consideration or payment provided for in this Contract, is non-
refundable, and shall be retained by Seller notwithstanding any other provision of this Contract; however,
upon Closing (as hereinafter defined), the Independent Contract Consideration shall be applied as a credit
toward the Purchase Price (as hereinafter defined).
(b) The purchase price ("Purchase Price") for the Property, payable by Purchaser to Seller at
Closing (as hereinafter defined), is four hundred ninetv-two thousand, five hundred and 00/100
DOLLARS ($ 492,500.00). OFFICIAL RECORD
CITY SECRETARY
FT. WORTH, TX
Section 3. Title Commitment and Survev.
(a) Within 15 business days after the Effective Date, Purchaser shall obtain at Purchaser's sole
cost and expense, a Commitment for Title Insurance ("Title Commitment") from Texas Title Company,
1751 River Run Ste 205, Fort Worth, Texas 76107, Telephone: 817-392-1510, Attention: Monica Klucher
(the "Title Company"). The Title Commitment shall be effective as of a date which is on or after the
Effective Date, showing Seller as the record title owner of the Land, and shall show all Encumbrances and
other matters, if any, relating to the Property. The Title Company shall also deliver contemporaneously
with the Title Commitment legible copies of all documents referred to in the Title Commitment, including
but not limited to, plats, reservations, restrictions, and easements.
(b) Purchaser may obtain a survey of the Property ("Survey") at Purchaser's sole cost and
expense. The Survey shall consist of a plat and field notes describing the Property, prepared pursuant to a
current on -the -ground staked survey performed by a registered public surveyor or engineer satisfactory to
Purchaser and Title Company. The Survey shall (i) be certified to Purchaser, its successors and assigns,
and Title Company, (ii) reflect the actual dimensions of and the total number of square feet within the
Property net of any portion thereof lying within a publicly dedicated roadway or a utility easement, (iii)
identify any rights -of -way, easements, or other Encumbrances by reference to applicable recording data,
and (iv) include the Surveyor's registered number and seal and the date of the Survey. The description of
the Property prepared as a part of the Survey will be used in all of the documents set forth in this Contract
that require a legal description of the Property.
(c) Purchaser shall have a period of time ("Title Review Period") commencing on the
Effective Date and ending 15 business days after the Effective Date in which to notify Seller in writing of
any objections ("Objections") Purchaser has to any matters shown on the Title Commitment or the Survey.
(d) Seller shall have the option, but not the obligation, to remedy or remove all Objections (or
agree irrevocably in writing to remedy or remove all such Objections at or prior to Closing) during the
period of time (the "Cure Period") ending on the tenth business day after Seller's receipt of Purchaser's
notice of such Objections. Except to the extent that Seller cures, or agrees in writing to cure, such
Objections during the Cure Period, Seller shall be deemed to have elected not to cure such matters. If Seller
is, or is deemed to be, unable or unwilling to remedy or cause the removal of any Objections (or agree
irrevocably to do so at or prior to Closing) within the Cure Period, then either (i) this Agreement may be
terminated in its entirety by Purchaser by giving Seller written notice to such effect during the period of
time (the "Termination Period") ending on the fifth business day following the end of the Cure Period,
and the parties shall be released of further obligations under this Agreement; or (ii) any such Objections
may be waived by or on behalf of Purchaser, with Purchaser to be deemed to have waived such Objections
if notice of termination is not given within the Termination Period. Any title encumbrances or exceptions
which are set forth in the Title Commitment or the Survey and to which Purchaser does not object within
Title Review Period (or which are thereafter waived or deemed to be waived by Purchaser) shall be deemed
to be permitted exceptions (the "Permitted Exceptions") to the status of Seller's title to the Property.
(e) Any other provision herein to the contrary notwithstanding, (i) all exceptions disclosed in
the Title Commitment (or any subsequent commitment) which arise on or after the Effective Date of this
Agreement and are not attributable to actions by Purchaser and (ii) all Objections that Seller agrees in
writing to cure at or prior to Closing (collectively, the "Mandatory Cure Items") shall be satisfied, cured
or removed by Seller, at Seller's sole cost and expense, at or prior to Closing.
Section 4. Due Diligence Documents. Within 5 business days after the Effective Date, Seller
shall deliver to Purchaser for Purchaser's review (i) any and all tests, studies and investigations relating to
the Property and the operation and maintenance thereof, including, without limitation, any soil tests,
engineering reports or studies, and any Phase I or other environmental audits, reports or studies of the
Property in seller's possession; (ii) any and all information, in seller's possession, regarding condemnation
notice(s), proceedings and awards affecting the Property; and (iii) all proposed or existing private
covenants, conditions and restrictions, in seller's possession, of which the Property will be a part and any
other private agreements, in seller's possession, affecting the use or development of the Property.
Section 5. Tests. Purchaser, at Purchaser's sole cost and risk, shall have the right to go on to
the Property, including the Improvements, to make inspections, surveys, test borings, soil analysis, and
other tests, studies and surveys, including without limitation, environmental and engineering tests, borings,
analysis, and studies ("Tests"). Any Tests shall be conducted at Purchaser's sole expense. At the
conclusion of the Tests, the Property will be restored by Purchaser, at Purchaser's sole expense, to at least
a similar condition as before the Tests were conducted. In the event this transaction does not close for any
reason whatsoever, the Purchaser shall release to Seller any and all independent studies or results of Tests
obtained during the Option Period (as defined below).
Section 6. Option Period.
(a) Notwithstanding anything to the contrary contained in this Contract, until 60 days after the
Effective Date ("Option Period"), the following is a condition precedent to Purchaser's obligations under
this Contract:
Purchaser being satisfied in Purchaser's sole and absolute discretion that the Property is
suitable for Purchaser's intended uses, including, without limitation, Purchaser being
satisfied with the results of the Tests (defined in Section 5 above).
(b) If Purchaser is not satisfied in Purchaser's sole and absolute discretion as to the condition
precedent described in Section 6(a) above, Purchaser may give written notice thereof to Seller on or before
the end of the Option Period, whereupon this Contract shall terminate. Upon such termination, the Contract
will terminate, and neither party shall have any further rights or obligations under this Contract.
(c) The provisions of this Section 6 control all other provisions of this Contract.
(d) The parties agree that the Option Period will not be extended upon expiration without a
written amendment signed by both parties.
Section 7. Closing Deadline. The closing ("Closing") of the sale of the Property by Seller to
Purchaser shall occur through the office of the Title Company on or before 30 days after the expiration of
the Option Period.
Section 8. Closing.
(a) At the Closing, all of the following shall occur, all of which are deemed concurrent
conditions:
(1) Seller, at Seller's sole cost and expense, shall deliver or cause to be delivered to
Purchaser the following:
(i) A Special Warranty Deed ("Deed"), fully executed and acknowledged by
Seller, conveying to Purchaser good and indefeasible fee simple title to the
Property subject only to the Permitted Encumbrances, but containing a
reservation of the mineral rights, with the precise form of the Deed to be
determined pursuant to Section 10 below;
(ii) A Non -Foreign Person Affidavit, in form and substance reasonably
satisfactory to Purchaser, fully executed and acknowledged by Seller,
confirming that Seller is not a foreign person or entity within the meaning
of Section 1445 of the Internal Revenue Code of 1986, as amended;
(iii) Evidence of authority to consummate the sale of the Property as is
contemplated in this Agreement or as Purchaser or the escrow agent may
reasonably request; and
(iv) Any other instrument or document necessary for Title Company to issue
the Owner Policy in accordance with Section 8(a)(3) below.
(2) Purchaser, at Purchaser's sole cost and expense, shall deliver or cause to be
delivered to Seller through the Title Company federally wired funds or a certified or
cashier's check or such other means of funding acceptable to Seller, in an amount equal to
the Purchase Price, adjusted for closing costs and prorations.
(3) Title Company shall issue to Purchaser, at Seller's sole cost and expense, an Owner
Policy of Title Insurance ("Owner Policy") issued by Title Company in the amount of the
Purchase Price insuring that, after the completion of the Closing, Purchaser is the owner of
indefeasible fee simple title to the Property, subject only to the Permitted Encumbrances,
and the standard printed exceptions included in a Texas Standard Form Owner Policy of
Title Insurance; provided, however, the printed form survey exception shall be limited to
"shortages in area," the printed form exception for restrictive covenants shall be deleted
except for those restrictive covenants that are Permitted Encumbrances, there shall be no
exception for rights of parties in possession, and the standard exception for taxes shall read:
"Standby Fees and Taxes for the year of Closing and subsequent years, and subsequent
assessments for prior years due to change in land usage or ownership".
(4) Seller and Purchaser shall each pay their respective attorneys' fees.
(5) Seller shall pay all recording fees and any other closing costs as set forth by the
Title Company.
(b) Purchaser will qualify for exemption from ad valorem taxation for the Property, and no ad
valorem taxation shall accrue after the date of Closing. Therefore, any ad valorem taxes assessed against
the property for the current year shall be for the period of time the Property was owned by Seller, and based
on estimates of the amount of taxes that will be due and payable on the Property during the current year,
Seller shall pay for any taxes and assessments applicable to the Property up to and including the date of
Closing. As soon as the amount of taxes and assessments on the Property for the current year is known,
Seller shall pay any additional amount of taxes to be paid for any taxes and assessments applicable to the
Property up to and including the date of Closing. The provisions of this Section 8(b) survive the Closing.
(c) Upon completion of the Closing, Seller shall deliver possession of the Property to
Purchaser, free and clear of all tenancies and title encumbrances of every kind except those disclosed in
the Permitted Encumbrances.
Section 9. Seller's Representations. Seller hereby represents and warrants to Purchaser, as of the
Effective Date and as of the Closing Date, except as otherwise disclosed in written notice from Seller to
Purchaser at or prior to Closing, that:
(a) Seller's Authority. This Contract has been duly authorized by requisite action and is
enforceable against Seller in accordance with its terms; neither the execution and delivery of this
Agreement nor the consummation of the sale provided for herein will constitute a violation or
breach by Seller of any provision of any agreement or other instrument to which Seller is a party
or to which Seller may be subject although not a party, or will result in or constitute a violation or
breach of any judgment, order, writ, junction or decree issued against or binding upon Seller or the
Property;
(b) No Pending Proceedings. There is no action, suit, proceeding or claim affecting the
Property or any portion thereof, or affecting Seller and relating to the ownership, operation, use or
occupancy of the Property, pending or being prosecuted in any court or by or before any federal,
state, county or municipal department, commission, board, bureau or agency or other governmental
entity and no such action, suit, proceeding or claim is threatened or asserted;
(c) Seller is Not a Foreign Person. Seller is not a foreign person or entity as defined in
Section 1445 of the Internal Revenue Code of 1986, as amended, and Purchaser is not obligated to
withhold any portion of the Sales Price for the benefit of the Internal Revenue Service;
(d) No Insolvency Proceedings. No attachment, execution, assignment for the benefit of
creditors, receivership, conservatorship or voluntary or involuntary proceedings in bankruptcy or
pursuant to any other debtor relief laws is contemplated or has been filed by or against Seller or the
Property, nor is any such action pending by or against Seller or the Property;
(e) Contract Obligations. Except as otherwise disclosed in the Title Commitment, no lease,
contract or agreement exists relating to the Property or any portion thereof which is not terminable
at will or upon not more than 30 days' prior notice except tenant leases;
(f) No Competing Rights. No person, firm or entity, other than Purchaser, has any right to
purchase, lease or otherwise acquire or possess the Property or any part thereof,
(g) No Regulatory Violations. The Property is not in breach of any law, ordinance or
regulation, or any order of any court or any federal, state, municipal or other governmental
department, commission, board, bureau, agency or instrumentality wherever located, including,
without limitation, those relating to environmental matters and hazardous waste, and no claim,
action, suit or proceeding is pending or, to the best of Seller's knowledge and belief and after due
inquiry, threatened against or affecting Seller or affecting the Property, at law or in equity, or before
or by any federal, state, municipal or other governmental department, commission, board, bureau,
agency or entity wherever located, with respect to the Property or the Seller's present use and
operation of the Property; and
(h) No Hazardous Materials. To the best of Seller's knowledge, (i) all required federal,
state and local permits concerning or related to environmental protection and regulation for the
Property have been secured and are current; (ii) Seller is and has been in full compliance with such
environmental permits and other requirements regarding environmental protection under applicable
federal, state or local laws, regulations or ordinances; (iii) there is no pending action against Seller
under any environmental law, regulation or ordinance and Seller has not received written notice of
any such action or possible action; (iv) there is not now, nor has there been in the past, any release
of hazardous substances on, over, at, from, into or onto any facility at the Property, as such terms
are understood under the Comprehensive Environmental Response, Compensation and Liability
Act; and (v) Seller does not have actual knowledge of any environmental condition, situation or
incident on, at or concerning the Property that could reasonably be expected to give rise to an action
or to liability under any law, rule, ordinance or common law theory governing environmental
protection.
Seller acknowledges that Purchaser has relied and will rely on the representations and warranties of Seller
in executing this Agreement and in closing the purchase and sale of the Property pursuant to this Agreement,
and Seller, during the term of this Agreement, agrees to notify Purchaser promptly in the event that Seller
obtains knowledge of any change affecting any of such representations and warranties, in which event
Purchaser shall be entitled to exercise the remedies set forth in Section 14 hereof. Until and unless Seller's
warranties and representations shall have been qualified and modified as appropriate by any such additional
information provided by Seller to Purchaser, Purchaser shall continue to be entitled to rely on Seller's
representations and warranties set forth in this Agreement, notwithstanding any contrary information
resulting from any inspection or investigation made by or on behalf of Purchaser. All of Seller's
representations and warranties, as so qualified and modified, shall survive Closing.
Section 10. Seller's Covenants.
(a) Updating of Information. Seller acknowledges that Purchaser will rely upon the Title
Commitment, Survey, Due Diligence documents and other materials delivered by Seller to Purchaser
hereunder to satisfy itself with respect to the condition and operation of the Property, and Seller agrees that,
if Seller discovers that the information contained in any of the materials delivered to Purchaser hereunder
is inaccurate or misleading in any respect, then Seller shall promptly notify Purchaser of such changes and
supplement such materials.
(b) Prohibited Activities. During the term of this Agreement, Seller shall not, without the
prior written consent of Purchaser, which consent Purchaser shall have no obligation to grant and which
consent, if granted, may be conditioned in such manner as Purchaser shall deem appropriate in the sole
discretion of Purchaser: (i) grant any licenses, easements or other uses affecting any portions of the
Property; (ii) permit any mechanic's or materialman's lien to attach to any portion of the Property; (iii)
place or permit to be placed on, or remove or permit to be removed from, the Property any trees, buildings,
structures or other improvements of any kind; (iv) excavate or permit the excavation of the Property or any
portion thereof; or (v) enter into any written leases or verbal rental agreements for any duration affecting
any portions of the Property.
(c) Cooperation in Permitting Activities. During the term of this Agreement, Seller will
cooperate with Purchaser in such manner and at such times as Purchaser may request in obtaining
subdivision, zoning or rezoning, site plan development, building permit and other approvals required for
Purchaser's proposed use, including without limitation, signing such applications for such approvals and
other instruments as may be required or authorizing Purchaser to sign such applications or instruments as
Seller's agent or both. Purchaser shall bear the costs and expenses of obtaining all such approvals except
for attorneys' fees that Seller may consider necessary in connection with reviewing such applications and
instruments, which shall be borne solely by Seller.
Section 11. Agents. Seller and Purchaser each represent and warrant to the other that it has not
engaged the services of any agent, broker, or other similar party in connection with this transaction.
Section 12. Closing Documents. No later than 3 business days prior to the Closing, Seller shall
deliver to Purchaser copies of the closing documents (including but not limited to the Deed) for Purchaser's
reasonable right of approval.
Section 13. Notices.
(a) Any notice under this Contract shall be in writing and shall be deemed to have been served
if (i) delivered in person to the address set forth below for the party to whom the notice is given, (ii)
delivered in person at the Closing (if that party is present at the Closing), (iii) placed in the United States
mail, return receipt requested, addressed to such party at the address specified below, or (iv) deposited into
the custody of Federal Express Corporation to be sent by FedEx Overnight Delivery or other reputable
overnight carrier for next day delivery, addressed to the party at the address specified below.
(b) The address of Buyer under this Contract is:
City of Fort Worth
100 Fort Worth Trail
Fort Worth, Texas 76102
Attention: Nita Shinsky
Telephone: 817-392-8053
(c) The address of Seller under this Contract is:
Susan Mitchell
5300 El Dorado Drive
Fort Worth, TX 76107
Telephone: 817.688.3172
With a copy to:
Candace Pagliara
City Attorney's Office
City of Fort Worth
100 Fort Worth Trail
Fort Worth, Texas 76102
Telephone: (817) 392-7670
(d) From time to time either party may designate another address or fax number under this
Contract by giving the other party advance written notice of the change.
Section 14. Termination, Default, and Remedies.
(a) If Purchaser fails or refuses to consummate the purchase of the Property pursuant to this
Contract at the Closing for any reason other than termination of this Contract by Purchaser pursuant to a
right so to terminate expressly set forth in this Contract or Seller's failure to perform Seller's obligations
under this Contract, then Seller, as Seller's sole and exclusive remedy, shall have the right to terminate this
Contract by giving written notice thereof to Purchaser prior to or at the Closing, whereupon neither party
hereto shall have any further rights or obligations hereunder.
(b) If (1) Seller fails or refuses to timely consummate the sale of the Property pursuant to this
Contract at Closing, (2) at the Closing any of Seller's representations, warranties or covenants contained
herein is not true or has been breached or modified, or (3) Seller fails to perform any of Seller's other
obligations hereunder either prior to or at the Closing for any reason other than the termination of this
Contract by Seller pursuant to a right so to terminate expressly set forth in this Contract or Purchaser's
failure to perform Purchaser's obligations under this Contract, then Purchaser shall have the right to:
(i) terminate this Contract by giving written notice thereof to Seller prior to or at the
Closing and neither party hereto shall have any further rights or obligations
hereunder;
(ii) waive, prior to or at the Closing, the applicable objection or condition and proceed
to close the transaction contemplated hereby in accordance with the remaining
terms hereof;
(iii) enforce specific performance of Seller's obligations under this Agreement; or
(v) institute an action for damages against Seller.
Section 15. Survival of Obligations. To the extent necessary to carry out the terms and provisions
hereof, the terms, conditions, warranties, representations, obligations and rights set forth herein shall not be
deemed terminated at the time of the Closing, nor shall they merge into the various documents executed
and delivered at the time of the Closing. All representations and warranties by Seller in this Agreement (i)
will expire two years after the Closing as to matters for which Purchaser has not provided written notice to
Seller within such period of time; and (ii) will expire as to all matters specified in any such written notice
to the extent that such matters are not resolved or made the subject of litigation instituted prior to the
expiration of three years after the Closing.
Section 16. Entire Contract. This Contract (including the attached Exhibits) contains the entire
contract between Seller and Purchaser, and no oral statements or prior written matter not specifically
incorporated herein is of any force and effect. No modifications are binding on either party unless set forth
in a document executed by that party.
Section 17. Assigns. This Contract inures to the benefit of and is binding on the parties and their
respective legal representatives, successors, and assigns. Neither party may assign its interest under this
Contract without the prior written consent of the other party.
Section 18. Taking Prior to Closing. If, prior to Closing, the Property or any portion thereof becomes
subject to a taking by virtue of eminent domain, Purchaser may, in Purchaser's sole discretion, either (i)
terminate this Contract and neither party shall have any further rights or obligations hereunder, or (ii)
proceed with the Closing of the transaction with an adjustment in the Purchase Price to reflect the net square
footage of the Property after the taking.
Section 19. Governing Law. This Contract shall be governed by and construed in accordance with
the laws of the State of Texas.
Section 20. Performance of Contract. The obligations under the terms of the Contract are
performable in Tarrant County, Texas, and any and all payments under the terms of the Contract are to be
made in Tarrant County, Texas.
Section 21. Venue. Venue of any action brought under this Contract shall be in Tarrant County,
Texas if venue is legally proper in that County.
Section 22. Severability. If any provision of this Contract is held to be invalid, illegal, or
unenforceable in any respect, such invalidity, illegality, or unenforceability will not affect any other
provision, and this Contract will be construed as if such invalid, illegal, or unenforceable provision had
never been contained herein.
Section 23. Business Days/Effective Date. If the Closing or the day for performance of any act
required under this Contract falls on a Saturday, Sunday, or legal holiday, then the Closing or the day for
such performance, as the case may be, shall be the next following regular business day. The Effective Date
of this Contract is the date on which this Contract is executed by the last to sign of Seller and Purchaser.
Section 24. Counteruarts. This Contract may be executed in multiple counterparts, each of which
will be deemed an original, but which together will constitute one instrument.
Section 25. Terminolosv. The captions beside the section numbers of this Contract are for reference
only and do not modify or affect this Contract in any manner. Wherever required by the context, any gender
includes any other gender, the singular includes the plural, and the plural includes the singular.
Section 26. Construction. The parties acknowledge that each party and its counsel have reviewed and
revised this Contract and that the normal rule of construction to the effect that any ambiguities are to be
resolved against the drafting party is not to be employed in the interpretation of this Contract or any
amendments or exhibits to it.
Section 27. Attornev's Fees. If any action at law or in equity is necessary to enforce or interpret the
terms of this Contract, the prevailing party or parties are entitled to reasonable attorneys' fees, costs and
necessary disbursements in addition to any other relief to which such party or parties may be entitled.
[SIGNATURES APPEAR ON THE FOLLOWING PAGE]
This Contract is EXECUTED as of the Effective Date.
SELLER: PURCHASER:
SUSAN MITCHELL
Susah Mitcheil
By: Susan Mitchell (Aug 7, 2025 09:53:51 CDT)
Susan Mitchell, Single
CITY OF FORT WORTH,
a Texas home -rule municipal corporation
By: Valerie Washington (Aug 7, 202515:29:32 CDT)
Valerie Washington, Asst. City Manager
APPROVED BY: CONTRACT COM LLANCE MANAGER:
By signing, I acknowledge that I am the person
responsible for monitoring and administration
By. U of this contract, including ensuring all
Marilyn Marvin, Director, Property Management performance and reporting requirements.
APPROVED AS TO LEGALITY AND FORM
CapuiA'C� lGt.Oj (,Cq a'
Candace Pagliara (Aug 1, 2025bg:39:29 CDT)
Candace Pagliara
Senior Assistant City Attorney p494anq
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Jannette Goodall
M&C:25-0614 Date:6.24.2025
By: 2Nita Shinsky, Land Agent
OFFICIAL RECORD
CITY SECRETARY
FT. WORTH, TX
By its execution below, Title Company agrees to perform its other duties pursuant to the provisions of this
Contract.
TITLE COMPANY:
By: TEXAS TITLE COMPANY
Name: MONICA KLUCHER
Title: ESCROW OFFICER
Phone: 817.329.1510
Email: MLUCHER(a,TEXASTITLE.COM
EXHIBIT "A"
Northcrest Block 4, Lot 6, Tarrant County, Texas (also known as 5301 Benbridge Fort Worth, Texas). To
be confirmed by survey.
City of Fort Worth, Texas
Mayor and Council Communication
DATE: 06/24/25 M&C FILE NUMBER: M&C 25-0614
LOG NAME: 215301 BENBRIDGE DRIVE
SUBJECT
(CD 7) Authorize the Acquisition of a Fee Simple Interest in Approximately 0.2708 Acres of Land Located at 5301 Benbridge Drive, Fort Worth
76107 from Susan Mitchell in the Amount of $492,500.00, Pay Estimated Closing Costs in an Amount Up to $8,000.00, Adopt Appropriation
Ordinance, Dedicate the Property as Parkland to be Known as Northcrest Park, and Amend the Fiscal Years 2025-2029 Capital Improvement
Program
RECOMMENDATION:
It is recommended that the City Council:
1. Authorize the acquisition of a fee simple interest in approximately 0.2708 acres of land located at 5301 Benbridge Drive, Fort Worth, Tarrant
County, Texas 76107 from Susan Mitchell in the amount of $492,500.00, and pay estimated buyer closing costs in an amount up to
$8,000.00;
2. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the PARD Dedication Fees Fund in the
amount of $500,500.00, from available Park Planning Fees within the Park Planning District 4.10-4 (City Project No. UN8139), 4.10-5 (City
Project No. UN8140) and 4.11-1 (City Project No. UN8141), for the purpose of funding the 5301 Benbridge Drive land acquisition project
(City Project No. 106256);
3. Authorize the City Manager or designee to accept the conveyance, to execute the necessary contract of sale and purchase, and to execute
and record the appropriate instruments;
4. Dedicate the property as parkland to be known as Northcrest Park; and
5. Amend the Fiscal Years 2025-2029 Capital Improvement Program.
DISCUSSION:
The purpose of this Mayor and Council Communication (M&C) is to seek approval to acquire land located at 5301 Benbridge Drive, Fort Worth,
Tarrant County, Texas 76107 for the Park & Recreation Department (PARD) in accordance with the Neighborhood and Community Park
Dedication Policy and the Park, Recreation and Open Space Master Plan, which calls for the provision of adequate park and recreational areas in
the form of Neighborhood -Based Parks and Community -Based Parks.
PARD conducted an assessment of potential properties in Park Planning District 4 for parkland acquisition. The proposed 0.2708-acre property
is located in Council District 7, which is underserved in neighborhood -based parkland.
Susan Mitchell (Seller) has agreed to sell the property for a total purchase price of $492,500.00. An independent appraisal supports the purchase
price. The mineral estate will not be acquired, and the deed will contain a surface use waiver for the exploration of the mineral estate. The real
estate taxes will be pro -rated, and the Seller will be responsible for taxes up to the closing date. The City will pay buyer closing costs in an amount
up to $8,000.00.
This acquisition is estimated to increase PARD's acreage by 0.2708 acres, more or less, and annual maintenance by $4,769.00 beginning in
Fiscal Year (FY) 2026.
Funding for this project was not included in the FY2025-2029 Capital Improvement Program due to the unpredictability of parkland acquisitions.
The action in this M&C will amend the FY2025-2029 Capital Improvement Program as approved in connection with Ordinance 27107-09-2024,
Section 8 Capital Improvements.
The property is located in COUNCIL DISTRICT 7.
A Form 1295 is not required because: This M&C does not request approval of a contract with a business entity
FISCAL INFORMATION / CERTIFICATION:
The Director of Finance certifies that funds are currently available in the PPD 4.11-1, PPD 4.10-4, and PPD 4.10-5 projects within the PARD
Dedication Fees Fund and upon approval of the above recommendations and adoption of the attached appropriation ordinance, funds will be
available in the PARD Dedication Fees Fund for the 5301 Benbridge Drive project to support the approval of the above recommendations and
acquisition of land. Prior to an expenditure being incurred, the Park & Recreation Department has the responsibility of verifying the availability of
funds.
Submitted for Citv Manaaer's Office bv: Valerie Washington 6199
Oriainatina Business Unit Head: Marilyn Marvin 7708
Additional Information Contact: Joel McElhany 5745