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HomeMy WebLinkAboutContract 42061 STATE OF TEXAS § GAI Y ESECRETARY COUNTY OF TARRANT § TERMINATION AND RELEASE OF ENCROACHMENT AGREEMENT This Termination and Release of Encroachment Agreement (this "Termination") is executed effective as of 2011 ("Effective Date"), by the City of Fort Worth, a municipal corporation of Tarrant County, Texas ("CitV"), and U Development Partners, LLC, a Texas limited liability company ("Owner,). RECITALS: A. City and Owner entered into that certain Encroachment Agreement filed December 18, 2009, and recorded in Instrument File No. D209329121 in the Real Property Records of Tarrant County, Texas (the "_Encroachment Agreement") affecting property located in Tarrant County, Texas more particularly described as: 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, Public Records of Tarrant County, Texas (the "Pro a "). B. Owner has requested the right to terminate the Encroachment Agreement prior to expiration of the term thereof and, subject to the terms and conditions hereof, City consents to the termination and release of the Encroachment Agreement effective as of the Effective Date. AGREEMENT NOW THEREFORE, in consideration of the mutual benefits, covenants and agreements herein contained and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Owner and City hereby agree as follows: I. Termination. Effective as of the Effective Date, the Encroachment Agreement is terminated and notwithstanding any provision contained in the Encroachment Agreement to contrary, Owner and City shall have no further obligations or duties thereunder. 2. No Improvements. Owner and City hereby acknowledge and agree that the Improvements contemplated in the Encroachment Agreement were never constructed or installed and notwithstanding Section 8 of the Encroachment Agreement to the contrary, Owner and City agree that there is no need to restore the public right-of-way or remove any improvements encroaching into the public right-of-way. 3. Multiple Counterparts. This Termination may be executed in multiple counterparts, all of which when taken to ether sha const a one in the same. O FICIAL RECORD CITY SECRETARY I I.RMINn I ION 0I + FT: (NORTH, TX 1ACROACHMIA I AGRIJ MEN( ----- MI11)ocs 3350387 1 11332.3 4. Entire Agreement. This Termination constitutes the entire agreement between Owner and City and supersedes all prior and contemporaneous agreements or understandings and/or discussions, whether written or oral, between the parties with hereof. respect to the subject matter IN WITNESS WHEREOF, this Termination has been executed by Owner as of the Effective Date. OWNER: Lr5MLOPMENT PARTNERS, LLC, a Texas li 'te ' ility company By: Name: e - M�4'rVN Title: !^�� STATE OF TEXAS § COUNTY OF( _ § -� instrument was acknowledged before me on L of U Development Partners 2011, by P L °C, a exas limited liability comp , on behalf of said li d liability company. Notary Public tate of Texas My o 'ssion Expires: 1 >�"'0 d NNv11y/i4 o�,,,�z�.e� NGEIA RANA MOORE ?_' =yg It Notary Public, f?s'9J3%n„N•`;4 state of Texas 5 V,FCP� ra ` S �,.:z,azLK ��� ::p;07�13- OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX CI.RMINA I 10 ()I 1ACROACHMEN f AGRUMFNI MHUocs 3350387 1 11332,3 IN WITNESS WHEREOF, this Termination has been executed by City as of the Effective Date. CITY: CITY OF FORT WORTH, a municipal corporation of Tarrant County, Texas AS TO By: _.90* Name: D%, & Title: � e,INJT CITY ATTORNEY h � STATE OF TEXAS § COUNTY OF TARRANT § /� This instrument was acknowledged before me on LC(I 2011 b /�`� �d a I rrc�tlle City of Fort Worth, a municipal corporation of Tarrant County, Texas on behalf f said municipal corporation. Notary Public, State of Texas My Commission Expires: IRMA SAENZ Notary Public,State of Texas My Commission Expires January 28 2012 "'•.,. ,t;;' ENO M&C REQUIRED Attested by: a 4 °R r�yo� 0 OA 0 Marty Hendrix Ci Secretary 00 ° d ¢ o c�c d °°°0000 5°�� OFFICIAL RECORD a� nXO-�4� CITY SECRETARY FT. WORTH, TX I E,RMINA LION OF ENCROACIIMENIAOREEMEN"I Exhibit A MIIDocs 3350387 1 1 1332.3