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HomeMy WebLinkAboutContract 41834-CA1 CITY SECRETARY CONTRACT STATE OF TEXAS § § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF TARRANT § ASSIGNMENT OF ENCROACHMENT AGREEMENT [City Secretary Contract No. 41834] WHEREAS, on the 16`h day of May, 2011, the City of Fort Worth, acting by and through its duly authorized Planning and Development Department Director, herein after referred to as the "City," entered into an Encroachment Agreement (recorded in the Official Records of Tarrant County, Texas as Instrument # D211137578) with U Development Partners, LLC, a Texas limited liability company, acting by and through its duly authorized manager, hereinafter referred to as "Grantee," owner of the property located at 3201 S. University Drive, Fort Worth, Texas ("Property"), and being more particularly described on Exhibit A attached hereto and made a part hereof: WHEREAS, the current Grantee under the Agreement, U Development Pariners, LLC "Assignor," desires to assign the Agreement to University Drive Apartments, LP, a Texas limited partnership, "Assignee": NOW THEREFORE, the City of Fort Worth does hereby consent to the assignment of the Agreement from Assignor to Assignee. As consideration for the Assignment of the Agreement, Assignor assigns and Assignee hereby expressly accepts and assumes all obligations and liabilities of Assignor under the terms of the Agreement and agrees to be bound by all the terms, provisions and covenants therein. EXECUTED as of August 5th, 2011. Assignor: Assiqnee: U Develop ent Pa ers, LLC, a Texas i ed University Drive Apartments, LP, a Texas liability co any limited partnership y: FtW University 've Apartments, LLC, By: a Te as limi d li ility c any, Timoth . Bauma n, M ge r I p n K. B ittle, President j OFFICIAL RECORD E CITY SECRETARY j WCPTjj- TX MHDocs 3413801_1 11332.3 APPROVED AS TO FORM GRANTOR: City of Fort Worth AND LEGALITY: ia- Assistant City Attorney andle Ha o Planning and Develop ent ATTEST: by�y on, aa� V�°°° °o o %0 �0 City Secretary 0 0.0 o o�"d T- ° a* d =NOM&C REQUIRED ���a � °�o°000°°° STATE OF TEXAS a�� X�a�°� COUNTY OF DALLAS Before me, the undersigned authority, on "I 2011, personally appeared Timothy S. Baumann, Manager of U Development Partners, LLC, a Texas limited liability company, known to me to be the person whose name is subscribed to he foregoing instrument and acknowledged to me that he executed the same for the purpo s nd consideration therein expressed.. rj,�,,`;�;t,B�4NGElA RANA MOORE o, w,� -_,`!�__�: Notary Public, s z,9,7Cr State of Texas Notary Pu c or the State of Texas S %n°��:�Comm.Exp.07-13-13, STATE OF TEXAS COUNTY OF DALLAS This instrument was acknowledged before me on b 2011, by K. Brent Little, President of FtW University Drive Apartments, LLC, a Texas limited liability company, the general partner of University Drive Apartments, LP, a Texas limited partnership, on behalf of said 1 FW1*kiA. �0PV PUBVC SETTY JEAN MERCHANT .®• Notary Public STATE OF TEXAS +�00 E+�y Commi"on Expim 01/25/13 Notary Pu t e State of Te s STATE OF TEXAS COUNTY OF TARRANT BEFORE ME, the undersigned authority, on this day of �4f ��cL 2011, personally appeared Randle Harwood, known to me to be the person and officer whose name is subscribed to the foregoing instrument, and acknowledge to me that he executed the same as the act and deed of the City of Fort Worth, a municipal corporation of Tarrant County, Texas, for the purposes and consideration therein expressed. IRMA SAENZ �v v ti 'Ta e o` Texas F,, � blic in and for the State of Texas o ianuaT Cl +! ' �f:RFTARY I .T. WL)RT H, Tx MHDocs 3413801_1 11332.3 f Exhibit A Legal Description Lot 7R, Block 4, P.R. WEATHERFORD'S ADDITION, being a replat of Lots 7-11, Block 4, P.R. WEATHERFORD'S ADDITION, as recorded in Volume 310, Page 48, P.R.T.C.T. containing 0.818 acres of land, more or less, out of the W. HUDSON SURVEY, Abstract NO. 717, City of Fort Worth Tarrant County, Texas, an Addition to the City of Fort Worth, Tarrant County, Texas, according to the plat thereof recorded in Cabinet A, Slide 12853, Plat Records, Tarrant County, Texas. MHDocs 3413801_1 11332.3