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HomeMy WebLinkAboutContract 17046 BEF HOLDING CO. , INC. COVENANT AND AGREEMENT STATE OF TEXAS § CT COUNTY OF TARRANT § camTR BEF Holding Co. , Inc. , a Delaware corporation, located or residing at 1100 North Market Street, Suite 780, Wilmington, Delaware 19801 (hereinafter referred to as "OWNER") , represents that it is the Owner of the real property described as Block 126R, Fort Worth Old Town, Tarrant County, Texas (hereinafter referred to as the "PROPERTY") . The drainage easement described in Exhibit "A"" hereto lies in, on or over the Property, (hereinafter referred to as the "EASEMENT") and is owned by the City of Fort Worth (hereinafter referred to as "CITY") . Owner has erected and will erect in the future certain temporary or permanent fixtures or improvements (any of which shall hereinafter be referred to as "IMPROVEMENTS" regardless of the technical legal designation of same) in, on, over, or adjacent to the Easement. The Improvements currently existing over the easement are described as follows: A building or buildings housing the Owens Country Sausage plant including a driveway and loading dock and other related improvements. NOW, THEREFORE, Owner for and in consideration of One and No/100 Dollars ($1. 00) and other good and valuable consideration does hereby promise, covenant and agree to the following: 1. Prior to the commencement of any future construction by Owner in, on, over or adjacent to the Easement, Owner shall submit to the Director of Transportation and Public Works of the City of Fort Worth (hereinafter referred to as the "DIRECTOR") its plans and specifications for the foundation OFFICIAL RECORD c:\wkoltr\covenant.bot -1- FT. WORN, TEX. 9 69 _ fi �) of the Improvements. Owner shall not commence construction until it has received written notice from the Director indicating that the Director has no objections to said plans and specifications. Owner hereby releases City from any responsibility or liability related either directly or indirectly to said plans and specifications. In addition, Owner shall indemnify City in accordance with Paragraph 4 herein for any responsibility or liability in any way related to the plans and specifications asserted against City by any third party. 2 . In connection with the construction of the Improvements, Owner shall maintain all drainage pipes, lines, outlets or other drainage facilities (hereinafter referred to singly or collectively as the "Facilities") within the Easement regardless of whether such Facilities presently exist or are installed in the future. owner' s maintenance of the Facilities shall be in compliance with City of Fort Worth standards applicable to the maintenance of the Facilities. The Director in his sole discretion, shall ultimately determine the adequacy of Owner' s maintenance of the Facilities. If the Facilities are not maintained according to City standards, Owner shall have sixty (60) days to commence and complete all work required to rectify this deficiency after receipt of written notice from City indicating the nature and deficiency(ies) . City shall have the right to enter the Property and to perform all maintenance work necessary to rectify such deficiency(ies) within the 60 day period, if such maintenance is necessary in an emergency to protect the public health, safety or welfare and shall have the right to enter the Property and to perform all maintenance work necessary to rectify such deficiency(ies) after the expiration of said 60 day period regardless of the circumstances. The expense of any maintenance work undertaken by City with respect to the Facilities shall be charged to owner. City shall have a lien on the Property securing said charge, which shall be perfected by filing in the office of the County Clerk of Tarrant County , Texas , an affidavit identifying the Property.. stating the amount of said Charge; and making reference to this agreement. 3 . owner shall pay all costs and expenses incurred in connection with the demolition, protection, relocation, reconstruction, reinforcement, deterioration or destruction of the Improvements and shall release City from and hold it harmless therefor, when such result from or are related in any way to the installation, repair, replacement, removal or any other alteration of the Facilities by City. City shall make a reasonable effort to avoid any installation, repair, replacement, removal or alteration of the Facilities which would affect or require the demolition, protection, c: \wkoltr\covenant.bot -2- 569 5 5 relocation, reconstruction, reinforcement, deterioration or destruction of the Improvements, provided, however, that if such reasonable effort shall result in additional expense to the City, Owner shall pay such additional expense. Owner expressly waives any claim for loss or damage to said Improvements and to any consequential damages suffered by Owner caused by, resulting from, or in any way related to said installation, repair, replacement, removal, or other alteration of the Facilities. Owner shall have the option to relocate the Facilities in accordance with plans and specifications which the Director does not find objectionable to avoid any direct or consequential damage to the Improvements resulting from or related in any way to the installation, repair, replacement, removal or alteration of the Facilities by the City. 4 . owner shall indemnify, hold harmless., release, and defend the City of Fort Worth from any claims, damages, costs, expenses, lawsuits, causes of action or other adverse consequences related or in any way pertaining to, directly or indirectly, the design, construction, existence or use of the Improvements or to any maintenance or other obligation required of Owner hereunder relating in any way to the Facilities. In addition, Owner hereby waives any right to assert claims, damages, costs, expenses, lawsuits, causes of action or other adverse consequences against city resulting from or related in any way to this Agreement. 5. Owner agrees to provide City with a certificate of insurance indicating that owner is the beneficiary of a general liability insurance policy covering all risks related in any way to the design, construction, existence or use of the Improvements, as well as Owner' s assumed responsibility related in any way to the Facilities, or otherwise assumed by Owner hereunder. The insurance required of Owner shall be in the following amounts: Property Damage $ 100 , 000 Personal Injury or Death, per occurrence $ 300 , 000 Owner agrees to have the amounts of such insurance revised upward on or before thirty (30) days after receipt of written notice from the City requiring such revision. 6. The failure or inaction by City in enforcing any of its rights or privileges hereunder shall not constitute a waiver of City ' s ability to subsequently enforce such rights or privileges. 7 . This agreement shall run with the land and shall constitute a restriction and servitude thereon and shall be binding on c: \wkoltr\covenant.bof -3- - 6 5 6 9 1 � 5 Owner and its successors in interest to the Property or any part of this Property. 8. The word "OWNER" as used herein shall mean Owner, including its heirs, successors and assigns, as well as its agents, servants , employees , representatives , independent contractors and all others acting on its behalf. The word "CITY" as used herein shall mean the City of Fort Worth, its agents, servants, employees, representatives, independent contractors and all others acting on its behalf. 9 . Any notices required hereunder shall be effective as of the date they are deposited in the United States mail , certified return receipt requested. The notices shall be effective when addressed as follows, provided the party mailing the notice has not received written notification of a change in same. To Owner: BEF Holding Co. , Inc. 1100 North Market Street Suite 780 Wilmington, Delaware 19801 Attn: Charles C. Campbell, Jr. To City: Gary L. Santerre, Director Department of Transportation/Public Works 1000 Throckmorton Street Fort Worth, Texas 76102 10 . Should any portion of this agreement be determined to be illegal , unconstitutional, or otherwise unenforceable, the remaining portions of the agreement shall continue to be in force and effect and shall be construed consistently with the originally intended purposes of the agreement. 11. This agreement shall be construed in accordance with the laws of the State of Texas. 12 . This agreement shall apply only to the Improvements described herein. Any subsequent improvements desired by Owner which affect the Easement shall be subject to a separate agreement. 13 . This agreement and any subsequent written amendments shall constitute the entire agreement of the parties hereto and shall supercede any prior or contemporaneous oral or written agreements pertaining to the subject matter contained herein. c:\wkoltr\covenant.bof -4- 109 5 6 9 STGNED; this F " day of F;:,.t' 19 6 —� BEF HOLDING ,'CO I NC r AT : Bye r; 0 R .N uw r- CITY OF FORT WORTH r F r K . - By: City Secretary assistant Cit T 7Maner APPROVED AS TO FORM AND LEGALITY: atriact ho z l David Yett Y' Date Assistant City Ai orney c: \wkoltr\covenant.bof -5- 569 Ac "'CERTIFICATE OF INSURANCE (ACORD 25 - ORANGE ) 'HIS CERTIFICATE IS ISS" D AS A MATTER OF INFORMAT,.O, ONLY AND CONFERS NO RIGHTS UPON THE CERTIFI ATE HOLDER. THIS CERTIFICATE DOES NOT AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES LISTED BELOW. NAME AND ADDRESS OF AGENCY: COMPANIES AFFORDING COVERAGES : THE WISEMAN AGENCY , INC . 451 SECOND AVE. COMPANY A : CONT:14F,,NTAL INSURANCE? CO GALLIPOLIS , ovi 45631 COMPANY B : COMPANY C : NAME AND ADDRESS OF INSURED : OWENS C'OLINTRY SAUSAGE 'INC . COMPANY D : 1403 EAST LOOKOUT DRIVE P . 0 . BOX 249 COMPANY E : R I CHAR 0S30 N , TX THIS IS TO CERTIFY THAT POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE AND ARE IN FORCE AT THIS TIME. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL TERMS EXCLUSIONS AND CONDITIONS OF SUCH POLICIES . LIMITS OF LIABILITY Comp IN THOUSANDS (000) LETTER TYPE OF INSURANCE POLICY NUMBER EACH OCCUR./AGGREGATE EFFECTIVE/EXPIRATION DATE A GENERAL LIABILITY CBP999181 (.*') X COMPREHENSIVE FORM 07/01/88 TO 07/01/89 X PREMISES-OPERATIONS BODILY INJURY X UNDERGROUND EXPLOSION AND COLLAPSE HAZARD PROPERTY DAMAGE X PRODUCTS/COMPLETE OPERATIONS BI & PD COMBINED 1000 5000 X CONTRACTUAL X PRO-All, FORM PROPERTY DAMAGE X INDEP. CONTRACTORS X PERSONAL INJURY PERSONAL INJURY 1000 A AUTOMOBILE LIABILITY CBP9991816 X ANY AUTO O., /0 L,/ll-3 8 TO 07/01/R 9 BI (EACH PERSON ) OWNED AUTOS(PRIV . PASS ) BI OWNED AL)TOS ( NON-PRIV . PASS ) ( EACH ACCIDENT ) HIRED PROPERTY DAMAGE 0956 " 59 T A 0 R I I C;1,RT IF' 1.C.A TF 0 F N C E - I'A G E 2 4wo LIMITS OF LIABILITY COMP IN THOUSANDS (000 ) LETTER TYPE OF INSURANCE POLICY NUMBER EACH OCCUR. /AGGREGATE EFFECTIVE/EXPIRATION DATE AUTOMOBILE LIABILITY (CONT ) NON-OWNED AUTOS BI & PD COMBINED 1000 GARAGE LIABILITY EXCESS LIABILITY Cj_X999181 '.;7 X UMBRELLA FORM 07/01/88 TO 07/01/89 BI & PD COMBINED 50000 ` 000(:) OTHER THAN UMBRELLA FORM WORKERS' 'C'OMPIENSATION ASTATUTORYA AND 7OW999 J."78 I EMPLOYERS' LIABILITY 07/01/88 TO 07/01/89 EACH ACCIDENT : 500 DISEASE POLICY LIMIT : 5­00 DISEASE EACH EMPLOYEE: 1500 OTHER CBP999181C) 07/01 /88 TO O'//01/89 MOTOR TRUCK CARGO 75 DESCRIPTION OF OPERATIONS/LOCATIONS/VEHICLES : Additional Insured - (Broad Form Vendors) CANCELLATION: SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, THE ISSUING COMPANY WILL ENDEAVOR TO MAIL 10 DAYS WRITTEN NOTICE TO THE BELOW NAMED CERTIFICATE HOLDER , BUT FAILURE TO MAIL SUCH NOTICE SHALL IMPOSE NO OBLIGATION OR LIABILITY OF ANY KIND UPON THE COMPANY . NAME AND ADDRESS OF CERTIFICATE HOLDER : City of Fort Worth 4 DATE ISSUED: 06/02/87 Fort Worth, Texas ------------------------------ AUTHORIZED SIGNATURE 9569 Q Or, i EXkiIgIT A BEING a tract of land in the City of Fort Worth, Tarrant County, Texas , said tract being known as Elm Street to 60 ' right-of-way ) as situated between Blocks 126 and 129 of the Original Town of Fort Worth, Tarrant County , Texas , and being more particularly described as follows : BEGINNING at the point of intersection of the southerly corner of said Block 129 with the northerly line of East Ninth Street to 60 ' right-of-way ) THENCE South 59 deg . 59 min. 41 sec . West along the northerly line of said East Ninth Street, 60 . 0 feet to the point of intersection of the northerly line of said East Ninth Street with the Northeasterly line of said Block 126 ; THENCE North 29 deg . 59 min. 44 sec . West along the Northeasterly lime of said Block 126 , 249 . 24 feet to a .point for corner; said point being 13 . 0 feet southeasterly at a right angle from the centerline of the North bound main line of Chicago , Rock Island and Pacific Railroad Company; THENCE North 32 deg . 50 min . 21 sec . East along a line which is 13 . 0 feet southeasterly at a right angle and parallel with said track 23 . 67 feet to a point for corner; THENCE North 60 deg . 00 min. 21 sec . East 13 . 52 feet to a point for cot-tier ; THENCE South 57 deg . 11 min. 43 sec . East , 33 . 73 feet to a 1/2" iron rod found for the centerline of former Eighth Street ; THENCE North 60 deg . 00 min. 19 sec . East along the centerline of said former Eighth Street , 10 . 00 feet to a point for corner, said point being on the southwesterly line of said Block 129 ; THENCE South 29 deg . 59 min . 44 sec . East along the southwest line of said Block 129 , 230 . 04 feet to the POINT OF BEGINNING and CONTAINING 14 , 957 square feet of land . ' U H D189062474, CITY OE FT WORTH 1000 THR'OCKMORTON FT WORTH, TX 76102 _W A R N I N G THIS IS PART OF THE OFFTCTAL RECORD--D 0 N 0 T D E S T R O Y F I L E D -- T" A R R A N °T C 0 i..,) N T Y T E° X A S S U Z A N N E" H E N D E R S 0 N _- COUNTY CLERK 0 F F I C;: I A L,. R E C E I P T T 0: CITY OF FT WORTH RECEIPT NO REGISTER PRINTED DATE TIME 189152179 RF'C94 04/19/89 10:55 INSTRUMENT FEEC D AMOUNT FILED TIME 1 D 1,Ca90624 7 4 WD 17. 00 00 890419 10.55 CK T O T A L DOCUMENTS: 01 F E E S : 17. 00 E Y„ ANY PROVISION WHICH RESTRICTS THE SALE RENTAL OR USE OF THE DESCRIBED REAL PROPERTY BECAUSE OF COLOR OR OR RACE IS INVALID AND UNF ORCEABL.wE: UNDER FEDERAL LAW 09569 K63 City s Fort Wor Taxes III Mayor , u i i Communicatioll 0404/89 C-1155, n NUMBER NEd= HOLDING COMPANY _,.......,e,... ,.... ..,n .. .. . ... .., .,__....e...e .. .r M..... , 4A Ew_a��ti�tiU ...._ ...,. RECOMMENDATION' It is recommended that the City Manager be authori zed to accept an agreement between the City of Fort North and NEE" Holding Company, Inc. which will allow for construction of certain Iuruprovements in, over and adjacent to an existing drainage easement granted 'the unity of Fort Worth. DISCUSSION: BEE Holding Company, Inc. owns the property described as Block 1268, Original Town of Fort Worth, Tarrant County, Texas. The drainage easement described In this agreement as 'Exhibit "A" lies in, on, or over the property which is owned by BEE. NIEE has erected and will erect in the future certain temporary or permanent fixtures or improvements in, on, over, or adjacent to easement. The iuuuprovements currently existing over the easement are described as: A building or buildings housing the Owens Country Sausa plant nludin a Country driveway and "loading dock and other re`14,0d Improveuuient EF has agreed to indemnify the City and to provide an annual certificate of insurance as a part of the agreement. FINANCING: This covenant and agreement will be conveyed to the City of Fort Worth for a consideration of $1.00. Funds are available in Account No. 90-136101-00,0 New Development, Index Code 699900. NAND AGENT; Jerry Chalker DAI t/6 APPROVED y CITY COIJIN(C"11., APR i Oft a (" ' ,, _.._ ,, ..... . ..m.. .__......._.._ ._v..w....M.....M_._.� .� _.���...,.. .�......... SUSWIED F,OR ht r,ATY k. .... �.......,. . _ . lr ._..........._...m.................. . .._.. APPROVED "e tlW1WATMG 6 : OTHER ( E MS ) DEPARTMENT HEAM 0TY SECRETARY ON TA 'DATE