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HomeMy WebLinkAbout(2) PO 5874: LAKE ARTHUR DRIVE - SALE OF PROPERTY interoffice MEMORANDUM . To: Mayor, City Council, and City Manager From: Mark Sokolow, City Attorney ~t'is.-t j;~.-!,,re...- Date: May 30, 2008 Subject: P. O. No. 5874; Council Meeting June 3, 2008 Attached is P. 0. No. 5874 as it pertains to the purchase price and sale of approximately 18 acres of land in the vicinity of Lake Arthur Drive. This was tabled at the May 20, 2008 Council Meeting. There is a need for Mr. Shomalzadeh to execute an access and drainage easement on 'the 11 acre tract and a drainage easement on the 18 acre tract. The exhibits are being worked on and if not completed by Tuesday, this matter may need to be tabled. MTS:is Attachment cc: City Engineer Pete Steele z.po58'!4 memo3 P. O. No. 5874 05/30/08 is Updated ORDINANCE NO. AN ORDINANCE AUTHORIZING THE PURCHASE PRICE AND SALE OF APPROXIMATELY. 18 ACRES OF LAND IN THE VICINITY OF LAKE ARTHUR DRIVE WHEREAS, it is deemed in the best interests of the public to authorize the sale of approximately 18.380 acres of land off Lake Arthur Drive for the purchase price of $60,000 to Hassan Shomalzadeh, who plans to develop the approximately 18.380 acres and the adjacent 11 acres in the. future as a residential area, as delineated in the 'request from Hassan Shomalzadeh and as forwarded by Pete Steele, his attorney, attached hereto as Exhibit "A"; and WHEREAS', the seller, Hancock, Joseph & Daniels, Inc, obtained title to -the .property under a Deecl without Warranties from the ' PCMUD on January 12; 2000, a copy of which is attached hereto as Exhibit "B" and have executed an Unimproved Property Contract with Hassan Shomalzadeh, attached hereto as Exhibit "C"; and WHEREAS, the authorization to sell the property requires the approval of both the United States Department of Commerce, National Oceanic and Atmospheric Administration (NOAH) and the City, with the net proceeds. being paid to the City; and WHEREAS, as successor in interest to the PCMUD, the City is. eligible to receive the net proceeds from the sale of the property to Hassan Shomalzadeh'in the amount of $54,564. NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PORT ARTHUR: z.po5874 updated Section 1. That the facts and opinions in the preamble are true and correct. Section 2. That the City Council approves the sale of the approximately 18.38 acres of land off Lake Arthur Drive to Hassan Shomalzadeh, so long as the-City received $54,564 in net proceeds. Section 3. ;That Hassan Shomalzadeh or his assignees shall build on this property residential Neighborhoods comparable to the, immediate surrounding areas and will abide by any outstanding mitigation requirements,' if any. Section 4. That Hassan Shomalzadeh shall sign the Access Easement on behalf of the City ,f or access, in substantially the same form as described "D", on the adjacent. 11 acre tract with the corridor being approved by'`the City Engineer and the final documentation to be approved by the City Council. Section 5. That Hassan Shomalzadeh shall sign the Drainage Easement on behalf of the City, in substantially the .same form as described "E", on the adjacent 11 acre tract with e the corridor being approved by the City Engineer and the final documentation to .be approved by the City Council. Section b. That Hassan Shomalzadeh shall sign the Drainage Easement on behalf of the City on the approximately 18.38 tract, in substantially the same form as described in Exhibit "F",, with the corridor being approved by the City Engineer and the final documentation to be approved by the City Council. '~ 1 Z.po5674 _upda ted ~ ` __ Section 7. -'That Hassan Schomalzadeh.shall sign. this Resolution agreeing to the terms hereof. Section 8.That the City Manager is herein authorized to sign the Authorization to Sell Property,. attached hereto as Exhibit "G". Section 9. That a copy of-the caption of this Ordinance be spread upon the Minutes of the City Council: READ, ADOPTED AND APPROVED on this day of A.D., 2008, at a Council Meeting of the City Council of the City of Port Arthur, Texas, by the following vote: AYES: Mayor City Council. NOES: ATTEST: 1~1H Y VK A1:~1~INCi CITY SECRETARY APPROVED AS TO FORM: CITY ATTORNEY APPROVED FOR ADMINISTRATIONc Cl'1'Y MANAGER z.po5874_updated AGREED TO: BY: Hassan Shomalzadeh DATE: z.po5874_updated - ;. i r ..A~~ Lance P. Bradley 2.3 James E. Qim) Wimberley Glenn H. (Pete) Steele, Jr. Jill Swearingen Chatelain z,e A T T O R N E Y S A T L A W April 23, 2008 Nationa] Oceanic and Atmospheric Administration • Office of Oceans and Coastal Resources Management Attn: Ruth Best 1305 East-West Highway. . N/ORM SSMC4, Room 10412 Silver Spring, MD 20910 Mark Sokolov, City Attorney, City of Port Arthur P.O. Box 1089 Port Arthur, Texas 77641 RE: Permission for Hancock, Joseph & Daniels, Inc. to sell land Gentlemen: Richard D. Hughes-Of Counsel' Justin G. Sanderson' Brandon P.. Monk s , Kelly J. Stewart ~ECEIVE® APR 2 4 2008 ~.EGAC DEPARTMENT I am representing the purchaser Hassan Shomalzadeh under a contract for the purchase of approximately 18.380 acres of land off Lake Arthur Drive in Port Arthur; Texas. The seller, Hancock, Joseph & Daniels, Inc., obtained title to the property under a Deed Without Warranties from the Park Central Municipal Utility District (PCMUD), a copy of which is attached hereto as Exhibit ,l: As I understand it, the PCMUD was dissolved several-years ago, and the City of Port Arthur, Texas is the successor in interest to PCMUD. The deed requires that any contract of sale must be approved. in writing by the United States Department of Commerce National Oceanic and Atmospheric Administration and PCMUD, with the net sale proceeds being paid to PCMUD (actually to the City of Port Arthur as successor to PCMUD). The contract bears a grosssale price of $60,000. The value of the property is listed at $32,170 on [he tax rolls. I attach to this letter as=Exhibit 2 a five copy of the contract of sale, which is contingent upon the approval of NOAA and the City of Part Arthur. Attached as Exhibit 3 is a proposed consent instrument with signature spaces for NOAA and the City of Port Arthur. We are requesting that you approve the contract of sa]e so that the transaction may proceed to closing at Port Arthur Abstract and Title Company. Please return the signed instrument back to me as soon as possible. If you should have any questions or comments please do not hesitate to cal] me at 409-724-6644 or email me at psteele a me-law net Please send me your contact info upon receipt of this letter so I will know how to contact you. Thank you in advance for your cooperation in this matter. 3120 Central-Mall Drive Port Arthur, Tx 77642 website: www.mc-law.net 409-724-6644 1-500-830-6785 409-724-7585 Fax I Board Ccrtificd: Family Law Texas Board of Legal Specialization 2 6oartl Cv[ifictl: Personal Injury Trial Law Tczas Board of Legal Spcciatiza[ion 3 Admitted w Pvetlce in TX & MS 9 Board Ccrtificd: Acsidential Real Esnm and Commerciil Rcal Esnte Tezas Board of Legal Spttialization 5 Admittedly Practice in TX, MS and LA . .6 Admitted ro Pnmice iv TX & LA ~ _- _ . - - - -- • i~_ _~_ as . - . ATTORNEYS AT LAW April 23, 2008 : ' National Oceanic and Atmospheric Administration Mark Sokolow, City Attorney Page 2 Sincerely yours, ` 3 ~~~ -Pete Steele mkh , Enclosures c: Hassan Shomalzadeh 4506 Kandywood Lane Port Arthur, Texas 77642 Hancock, Joseph & Daniels, Inc. 'Tim McKenzie, President 127 Noyant Drive Little Rock, Arkansas 72223 EX~-II~IT .®~~.~ --- STATE OF `T'EXAS $ ~ COUhTY OF JEFFERSON ~ ~ ~ DEED vVJTTiOTTF WA.RTiAN7')FS ~ The Park Central lt•Ittructpal Unhty District, a body palrtr and political subdivision of the r•i 4f3 .State of Texas, argantzed and existing under Chapters 49 and 54 of the Texas Water Code {the O "Grantor"} for and in constdera[ion of the sum of ten dollars ($10 00) and other geed and O t-.i valuab':e consideration,..including those agreements set fi,tttt in [hat certain Real Estate Option p ~ , O Agrcement dated Apn19 .1997 {the "Agreement"}, in hand paid by 13ancack, J N oaeph R Daniels, Inc., a Texas Corporation {the 'Grantee") the receipt of which is hereby acknowledged, has t •, granted, sold arnl conveyed and by these presents does grant, sell and'convey unto Grantee all of r -N that certain real property situated tit Jefferson County, Texas, more fully described in Exblbit "A" attached hereto and made a part hereof for all purposes This conveyance is made subJect to the following requirements; . 1) All restrictions, easements, covenants, conditwns and prior. conveyances and reservattans of ntuieral and royalties of record in the office of the County Clerk of Jefferson County, Texas; to the extent That the satire are still in effect and relate [o the Property; Z) All zoning laws,. regulatrons and ordinances of munictpal and other goverrnneataT. authorities, if any, but. only to the extent that they are in. effect and relate the above described property; •;.3) Property tares on the above described property for the current tax and any subsequenttax years, which arc:ooryetdue and payable;, 4) Reservation of a right-of way and access easement in .favor of the. adjacent real property awned by the Grantor constituting approxttnately twenty-two aces of land utrltzed.by the Grantor as au equivalent ponduig site pnrsuam to cerisut ohlrgahans and agreements made by the Grantor with tt;e United States Departr~nt of Contnlerce and the National Oceanic Atmospheric Association, and ,' S) Grantee-may not contract for the sale oC any real property interest in, on or out of the Property without the prior written approval of-both the Urutetl States Department of Commerce National Oceamc and Atmospheric Administration and s ` ~ Exhibit "P' GldiPpF - ;,~':+':.<aaSTiu.Cvr,i ~ , .. .:...........,_. ,, ttte Grantor, and should such approval he. granted, then Grantee covenants that ~ any net proceeds after paymient of (t) site development costs incurred by Grantee only upou'the Property and (ii) closir(g costs for the sale of the Propery shall be paid by Grantee to the Grantor. " _ An access easement•.in and across the Property is reserved to.the Grantor and to t$e Grantor's successors and,assigns and shall remain aright-of--way or easement in and across the Property, but tray be along such roadways as are used by Grantee on the'Ptnperty. Grantor excludes "and excepts any warranties; expressed or "implied, regarding the Property, including, without limitations, any warranties arising by Gammon taw ar Section 5023 _ of the Texas Property Cads ar r[s successors, and Grantee accepts the Property "AS IS AND WITH ALL FAULTS, IF ANY, AND WITHOU'T' ANY WARRANTY, EXPRESSED OTt IhiPLED AND WITHOUT WARRANTY AS TO ACCESS TO THE PROPERTY. Grantee also accepts any and all rnatenal removed from the Property pursuattt to the Agreement in an "AS IS AND WITH ALL FAULTS, IF ANY, AND. WITHOUT Al~t"Y WARRANTY, EXPRESSEDoOR IMPLIED-" Speclficstly, without limiting the generality of the foregoing,' Grantee accepts the material wtthout any warranties as to environmental conditions existing wtthia the materials or the suitability of the materials far any particular purpose or development .. - U5C oY pofenClal ~. • To have and to. ho]d fire Property, together with ail and singular the rights and appurtenances belonging m,-any way to the' Property, sublect to the lunitatioris, waivers of warranty, access and other ;provisions stated above, to Grantee its successois and its assigns forever. without warranty of arty kind. Upon possessran of the Property, Grantee acknowledges it has examined the Property as well as any improvements located thereoh anti accepts-the Property "AS IS AND WITH ALL FAULTS: IF ANY, AND WITHOUT ANY WARRANTY, GOODSeNC,{Ir9147 Pape Y d. .. S EXPRESSEI? OR IMPI.iED "Grantee. has fttrtlter,~nd previously acknowledged to Grantor that Grantee_ accepts the Property in tts present canditlan and agrees thaz the Property is fit for Grantee's intended use. GRA.~I"TOR: Park Cenfral Municipal Utility r Moris Carter, president, Board ~ v~o ACCEPTED AIv~~APPROVED this the ~~ ~ of -IS9}.- Y j GRANTEE: I • STATE OF TEXAS I . COUNTY OF JEFFERSON ¢ F 'Hancock, Joseph & I~niels, Inc, . By ' ancoc:k, President This instr+unent was acknowledge before me an the ~af~ day of vac • -I~4, by MORRIS CARTER, President for the Park Central nIclpai U y District. aot~p IIA906A,YII~IDWIACAIP b11S'TY G. MUSE '{~• ~COkNAtS3tONE%PtRE3 z-t~-aaaz it~~~t~ I r Y 1 dOOASONO~L'9Ia9 .... .. ~a ~-e~.1 Notary Publ rate of Texas PuQt 7 hGF'aF -'.r.'4'.a a- yq~C,t~~ STATE OF TEXAS ~ § -- COUN'T'Y OF JEFFERSON § Thts instrument was acicnawledged before me on the ,--25 `day of G~c U~ 1994, by JOE HANCOCK, President for Tiattcock, Josepk & I?anieLs c. i„ .~ s$''R~ CRRULYN L. LIN?C V .e.a.~ ~.,J~. ~ _.~ _` >raarr F~.ec..s;~a or r::., Notary Pub1rE, State of Texas ~~m.,,,,~°'P~_ Mt~4RCH'J.~3n,F24fl2 AFTER RECORDIllTG, RETURN TO: M; Joe Hancock The Willows Apamnents 7924 Wiltowood Iane Part Arthur, Texas 77642 r'~ ~ ,~ ~ SIT "A" A tract or parcel of land contaiping 18 38 acres of Land, more or less, out of and a pare of a 45 206 acres, out of and a• parr of Lots. Numbered Scven and Eight (pt, of 7 & 8) to Block Number Tea (Ifl),'Aange 'Ii" anti pa_*t of Lot Number Ftve.(pt. of 5) m Block Number Ten (IO), Range "G" of the Lands of the Port Arthur Land Company iri Jefferson County, Texas, as the same appears upon the map. or .plat thereof, of fife and of record m Vol. I, Page 22, Map Records of Iefferson County, Texas; said ttaci being further depicted on a preluninary drawrng prepared by Joha R. Hodges. Registered Public Land Surveyor No. 4583,-dated Tune 2b, 199S- ,. - .. .~ ~~. ~Y 2oa1 A116 z3 01:56 ~ zaolo~Sl SAt~lf Wl~l<ER JEfFt'}25[CEN[11~t; fTC~1~T~K TEXAS GOOIISOt+411 Z91ac .. r'%PGS ~~H~~~~ \\ ~ O® BY THE 1. FARTfES: 'agrees td (Seller) 2. PRAPERTYt Lot ~ ~ ,Block ,See Spacial Provisions Additi6n, City of Port :Arthur ,.County of Je££erson ,Texas, known as 1B 380 Acres Off Laka Arthur Dr 7764 (address/zip code), or as described on attached exhibit together with afI rights, pnvlleges and appurtenances perfaming tliereta, including but not limited to: water rights, claims, permits, strips and gores, easements, and. cooperative.or association memberships (the Property). 3. SALE$ PRIDE: A. Sash portion of Sales Price payable by Buyer at closing .................................................... $ 60 ..000- 00 B. Seim of all financing described below (excluding any loan funding fee or mortgage insurance premium) ................................................................................... $ -0_ C. Sales Price Sum of A and 8 _ 4. FINANCING: The ortion of Sales Price not payable in cash will be paid as follows (Check applicable boxes below) [] A. THIRD PARTY FINANC ...................................................... .. $ 60.000.0.0 ING: One or more thud party mortgage loans in the total amount of $ (excluding any loan funding fee or mortgage Insurance premium). (1) Property Apptoval:.lf the Property does not satisfy the lenders' underwriting requirements for the loan(s); this contract well terminate and the eamest money will be refunded to Buyer. (2) Financing Approval: (Check one box only) ^ (a) This contract is 'subject to Buyer being approved for the financing described in the attached Third Party Finari¢ing Condition Addendum. Q (b) This contract is not subject to Buyer being approved for financing and does not involve FHA or VA financing: ^ B. ASSUMPTION: The assumption of the unpaid principal balance of one or more promissory notes described fn the. attached TREC Loan Assumption Addendum. ^ C. SELLER FNANCING: A promissory note from Buyer to Seller of $ secured by vendor's and deed of trust liens, and containing the terms and conditions described in the attached TREC Seller Financing Addendum. If an owner policy of title insurance is furnished, Buyer shall furnish Seller with a mortgagee policy of title Insurance. 5. EARNEST MONEY: Upon execution of this contract try both parties, Buyer shall deposit $1.000.00 as eamest,MOney with i Port Arthur Abstract & Title co , as escrow agent, 2t 2950 Trtle Creek Drive Port P.rthur Tx 77642 (address). Buyer shall deposit addlhonal earnest money of $ with escrow agent within days after the effeetlGe date of tliis contract. If Buyer fails to deposit the earnest money as required by this contract,. Buyer will be;(n default. 6. TITLE FOLICYAND SURt[EY: ' A. 77TLE PQLICY: Setter shall famish to Buyer at xQ Setter's ^.Buyer's expense an owner policy of title insurance (Titre Policy) issued by Port Arthur Abstract s Title ca (Title Company) In the amount of the Sales Price, dated at or after closing, insuring Buyer against loss under the provisions of the Titie Policy, subject to the promulgated exclusions (including existing building and zoning ordmanceS~ and the following exceptions: (1) Restrictive oavenants common to the platted subdivision in which fhe Property Is located. (2 The standard punted exception for standby fees, taxes artd assessments. (3; ~enssreated as part Of the financing described fn Paragraph 4. - {4) Utility easements created tiy, the dedication deed or pia[ of the subdivision in which the Property is. located. S) Reservations or exceptions otherwise permitted by this contract or as may tie approved b)' Buyer in writing. ~6) The standard printed exception as to marital rights. n The standard printed exception as to waters, tidelands, beaches, streams, and retafed matters. (B~The standard printed exception as to discrepancies, conflicts, shortages in area or boundary lines, encroachments or protrusions, or overtopping improvements. Buyer, at Buyer's expense, may have the exceptipn amended to read, "shortages in area'. B. COMMjTMENT; Withm 20 days after the Title Company receives a copy of this contract, Seller shall famish to Buyer a commitment for Gtle insurance (Commitment) and, at Buyer's expense, legible copies of restrictive Initialed for identification by Buyer ~n _ and Seller (i'AR-1607) 2-13-08 TR'EC N0.9-6 Page 1 of 6 BlotmJ FropeNri ZB2GNall, PortNcdies TX )7651 _ Phbnc4097215533 Fax: (d'69) 721-9560 Ronald 1. Blount ~ Hassan 19.38 A Prayucad vdlA 21pForm"' 6Y RE FortnsNe~ LLC 18075 Fifteen Mile Roed, CMlon Township MlWgan 48635 wwrv.zlorarm2om it UNIMPROVED PROPERTY CONTRACT NOTICE: Not For Use Far Condominium Transactions Exhibit " 2" 18.380 Acres Off Lake Arthur Dr. :onlreetCanceming- Port Arthur 77642 Page2o(8 02-13-06 j (Address of Property) covenants and documents evidencing exceptions I4ahe Commitment (Exception Documents) other than the siaridard printed exceptions. Seller authorizes the Title Company. to deliver the Commftment and Exception Documents to Buyer at Buyer's address shown in Paragraph 21. If the Commitment and Exception Documents are not delivered to Buyer within the specified time, the time for delivery will be automatically extended up to 15 days or the Closing Date, wtiiehever is earlier. C. SURVEY: The survey must be made by a registered professional land surveyor acceptable to tale Title Company and any lender. (Check one box only) ^ (1) Within days. after the effective date of this contract, Seller shall furnish to Buyer and Ttie Company Seller's existing survey of the Property and a Residential Real Property Affidavit promulgated by the Texas Department of Insurarice (Affidavit). If the existing survey or Affidavit is not acceptable to Title Company or Buyer's lender, Buyer shall obtain a new survey at 0 Seller's Q Buyer's expense no later than 3 days prior to Closing Date. If Seller fails to fumish the existing survey or Affidavit within the time prescribetl, Buyer shall obtain a new survey at Sellers expense no later than 3 days prior to Closing Date, xQ (2) Within 45 days after the effective date of this contract, Buyer shall obtain a new survey at Buyer's expehse. Buyer is deemed to receive the survey on the date of actual receipt or the date specified in this paragraph, whichever is earlier. (] (3) Within days after the effective date of this contract, Seller, at Sellers expense shall fumish a new survey to Buyer. D: OBJECTIONS: Buyer may object in wdting to (i) defects, exceptions, or encumbrances to Title: disclosed on the survey other than items 5A(1) through (7) above; or disclosed in the Commitment other than items 6A(1) through (8) above; (ii) any portion of the Property lying in a special flood hazard area (Zone V or A) as shown on' the current Federal Emergendy Management Agency map; or (Iii) any exceptions which prohibit the fallowing use or activity: csuyer muse oofect not later loan (r) the t;los{ng Date or (ii) days after Buyer receives the Commitment, Exception Documents, and the survey, whichever is earlier. Buyers failure to object within the time allowed will constitute a waiver of Buyers right to object; except that the requirements in Schedule C of the Commitment are not waived. Provided Seller is not obligated to incur any expense, Seller shall cure the timely objections of Buyer or any third party lender within 15 days after Seller receives the objections and the Closing Date will he ertended as necessary. If objections are not cured within such 15 day period, this contract will terminate and the earnest money will tie refunded to Buyer unless Buyer waives the objections. E TITLE NOTICES: (1) ABSTRACT OR TITLE POLICY: Broker advises Buyer to have an abstract of title covedng the Property examined by an attorney Hof Buyers selection, or Buyer should be furnished with or obtain a Title Policy. If a Title Policy is furnished, the Commibent should be promptry reviewed by an attorney of Buyers choice due td the lime limitations on Buyers right to object. (2) MANDATORY OWNERS' ASSOCIATION MEMBERSHIP: The Property^ is xQ is not subject to mandatory membership in an owners' association. If the Property is subject to mandatary membership in an owriers' association, Seller notifies Buyer under §5.012, Texas Property Code, that, as a purchaser of property in the residential community In ;which the Property is located, you are obligated to be a member of the owners' association. Restrictive covenants governing the use and occupancy of the Property and a dedicatory instrument governing the' establishment, maintenance, and operation of this residential community have been or wilt be recorded in the Real Property Records cf the county in which the Property is located. Copies of the restrictive covenants and dedicatory instrument may be obtained from the county Berk. You are obligated to pay assessments to the owners' association. The amount of the assessments is subject to change. Your failure to pay the assessments could result in a lien on and the foreclosure of the Property. If l~ t Is concerned about these matters, the TREC promulgated Addendum fm Property Subject to Mandatory Membership in an Owner's Association should be used. (3) STATUTORY TAX DISTRICTS: If the Property is situated in a utility or other statutofily created district providing water, sewer, drainage, or flood control facilities and services, Chapter 49, Texas Water CciJ'e, requires Seller to deliver and Buyer to sign the statutory nonce relating. to the tax rate, bonded indebtedness, or standby fee of the district prior to foal execution of this contract. (4) TIDE WATERS: If the Property abuts the tidally influenced waters of the state, §33.135, Texas Natural Resources Code, requires a notice regarding coastal area Pm erty to be included in the contract. An addendum containing the Notice promulgated by TREC or required by the parties must be used. C5) AiJNEXATION: If the. Property is located outside the limits of a municipality, Seller notifies Buyer under §5.011, Texas Property 'Code, that the Property may now or later be included in the extraterritorial jurisdiction of a municipality and may now or later be subject to annexation by the municipality. Each municipality maintains a map that depicts fts boundaries and extraterrtodai jurisdiction. To determine If the Initialed for identification by Buyer '11Yb _ and Seller E~~_ TRl=C NO. 9~6 (TAR-iBO~ 2-13.08 <~ - Page 2 of 8 Prgd0ced viA7lpFortn1° %RE FurmaNel, LLC 180]5 FHteen M-e Raad, CMtan Township. Mnddgan ~8W5 wvw~ztoform corn Huian {838 A i ' 18-.~8t}~crea--Of-f--hake-Arthur Dr.- - -- - ContracfConeeming Port Arthur 77fi92 Page 3 of t1 o2d3.Ofi (Address oT Property) , Property is located wlthiri a municipality's extraterritorial jurisdiction or is likely to be located within a municiparity's extratartitodal jurisdiction, contact all municipalities located in the general proximity cf the Property for further information. (5) PROPERTY LOCATED IN'A CERTIFICATED SERVICE AREA OF A UTILITY SERVICE PROVIDER: Notice' required by §13.257, Water Code: The real property, described in Paragraph 2, that you are about to purchase may be kcated in a certificated water or sewer service area, which is authorized by law to provide wafer or sewer service to fhe properties in the certificated area. If your property is Iecated in a certificated area there may be special costs or charges that you will be required to pay before you can receive wafer or sewer service. There may be a period required to construct lines or other facilities necessary to provide water or sewer Service `to your property. You are advised to determine if the property is in a certificated area and contact fhe ufility service provider to determine fhe cost that you will be required to pay and the period, if any, that is required to provide water or sewer service to yeur property. The undersigned Buyer hereby acknowledges receipt of the foregoing notice at or before fhe execution of a binding contract for the purchase of the real property described in Paragraph 2 or at closing of purchase of the real property. (7) PUBLIC IMPROVEMENT DISTRICTS: If the Property is in a public improvement district, §5:014, Property Cade, requires Seiler to notify Buyer as follows: As a purchaser of this parcel of real property yeu are obligated tc pay an assessment to: a municipality or county for an improvement project undertaken by a public improvement district under',Chapter 372, Local Government Code. The assessment may be due annually or in periodic insfallmamts. More' information concerning the amount of the assessment and the due dates of that assessment may be obtained from the municipality or county levying the assessment The amount of the assessments is subject to change. Your failure to pay the assessments could result in a lien on and the -°--'- _ - (8j TEXAS AGRICULTURAL ;DEVELOPMENT DISTRICT: The Property ^ is ®Is not located in a Texas Agricultural Development District For additional information, contact the Texas Department of Agriculture, T: PROPERTY CONDITfON: ~, A. ACCESS,IN$PECTIONS AND UTILITIES: Seller shall permit Buyer and Buyer's agents access to the Property of reasonable times. Buyer may have the Property inspected by Inspectors selected by Buyer and licensed by TREC or otherwise permitted by law to make inspections. Seller at Sellers expense shall turn on existing utilities for inspections. . NOTICE; 9uyer should determine the avaNability of utilities to the Property suitable tc satisfy Buyer's needs. t3. ACCEPTANCE OF PROPERTY CONDITION: Buyer accepts the Property in its present coridifion; provided Seller, at Seller's expense, shalt complete the following: C, COMPLETION OF REPAIRS: Unless otherwise agreed in writing, Seller shall complete all agreed repairs prior to the Closing Date. All required ;permits must be obtained, and repairs must be performed by persons who are licensed nr otherwise permitted by law to provide such repairs. At Buyer's election, any transferable warranties received by Seller with respect to the repairs will be transferred to Buyer at Buyers expense. If Seller faits to complete anyagreed repairs prior to the Closing Date, Buyer may do so and receive reimbursement from Sailer at closing. The Closing Date will be extended up to 15 days, if necessary, to complete repairs. p: ENVIRONMENTAL MATTERS;' Buyer is advised that the presence of wetlands, toxic substances, including asbestos and wastes or other ehvironmental hazards, or the presence of a threatened or endangered species or ifs hatiitat may affect Buyer's Intended use of the Property. If Buyer Is concerned about these matters, an addentluiit promulgated 6 TREC or required by the parties should be used. E. SELLER'S DISCLOSURES: Except as otherwise disclosed in this contract, ~Selier has no knowledga.of the following: ' ('f any flooding of the Property; ($ an nding or threatened Irhgation, condemnation, or special assessment affecting the Property; (3 any~nvironrnental hazards or conditions affecting the Property; - 4) any dumpsite, landfill, or undergground tanks or containers now or previously bated on the Property; f 5) any wetlands, as defined byifederal or state law or regulation, affecting the Property; or (6) any threatened or endangered species or their habitat affecting. the Property. 8, BRQKERS' -FEES: AO obligations of the parties for payment of brokers' fees are contained in separate writthn agreements. 9. ClOSIhfG: A. The closing of the sale will be olt or before Anri1 11 , 2068 or within 7 daysafter objectiohs made under Paragraph 6D have been cured or waived, whichever date is later (Closing Date). If eltfier parry fails to close the sale by the Closing Date, the non-defaulting party may exercise the remedies contained in Paragraph 15. Initiated far identification by and Seller Tf2E0 NO, 9-fi Page 3 of a 11>~san 1838•A (I'AR-'16U7) 213.08 fh8d:imd wl8f apFbrm"' Ey RE FomuN9t LLC 18825 Fiftemi Mlle Rde0. Crmtan Towtmlllp, MlcMpan 48 Wi www.ziaformrmn i _ 18.380_Acres-_OEf_Laka_Arthur~-Dr. -----~- ---- Contract Concerning _ Port Arth 17 662 Page 4 of 8 02.13-0t1 (Addrass.of Properly) ., ;B. At Closing: (1) Seller Shall execute and defrver a general warranty deed cohveying Title to the Property to Buyer and showing no additional exceptions to those permitted In Paragraph 6 and furnish tax statements or ceHificates showing no tlelinquent taxes on the Property. (2} Buyer shall pay the Sales Price in good funds acceptable to the escrow agent. (3) Seller and Buyer shall execute and deliver any notices, statements, certificates, affidavits, releases, loan documents and other documents required of them by this contract, the Commitment or law necessary for the Closing of the sale end thellssuance of the Title Policy. C. Unless expressly prohibited by written agreement, Seller may continue to show the Property and receive, negotiate and accept back up offers. Q. All cogenants, representations and warranties in this Contract survive closing. 10, POSSESSION: Seller shall deliver to Buyer possession of the Property in its present or required condition upon closing and funding. ' 11. SPECIAL PROVISIONS: (Insert only factual statements and business details applicable to this sale. TREC rules prohibit licensees from adding factual statements or business details for which a contract addendum or other form has been promulgated by TREC for mandatory use.} Buyer is aivara, NOAA and the City of Port Arthur will have to approve this sale if accepted by Seller. The legal description as defined by the Jefferson County Appraisal District is as follovrs: LT 5 TR 3 BLK 10 RG G LT 7 TR 4 LT B TR 1 BLR 10 RG H PALCO 18.380 AC. In reference to Paragraph 23. Buyer waives the Termination Option Period. In reference to Paragraph 8., Brokers Fee, Broker willraceive fi3 of sales price for commission, to beheld from the proceeds of this sale. 12, SETTLEMENT AND OTHER EXPENSES: R. Tfie following expenses must bye paid at or prior tC closing: (1) Expenses payable by Seiler (Seller's Expenses): (a) Releases of existing liens, including prepayment penalties and recording fees; release of Seller's loan liability; tax statements or certificates; preparation of deed; one-half of escrow fee; and other expenses payable by Seller under this contract. ' (b) Seller shall also pay art amount not to exceed $ N/A to be applied in the following ordea Buyers .Expenses which Buyer is prohibited from paying by FHA, VA, Texas Veterans Housing Assistance Program or other governmental loan programs, and then to other Buyer's Expenses as allowed by the lender. (2) Expenses payable by Guyer (Buyer's Expenses): (a) Loan origination', discount, buy-dawn, and commitment fees (Loan Fees). (b) Appraisal tees; loan application fees; credit reports; preparation of loan documents; interest oKthe notes ~rbrn date of dispursement to one month prior to dates of first monthly payments; recording Fees; copies of .easements and restrictions; mortgagee title policy with endorsements required-by lender, Ioan•related _ Inspedtfon fees; photos; amortization schedules; one-Half of escrow fee; all prepaid items, Including required premiums for flood and hazard insumnce, reserve deposits for insurance, ad valorem taxes and special governmental ,assessments; final compliance inspecdon; courier fee; repair Inspection; underwriting fee; wire transfer fee; expenses incident to any loan; and other expenses payable by Guyer.. under this contract. 6. Buyer shalt pay Private Mortgage Insurance Premium (PMI), VA Loan Funding Fee, or FHA Mortgage Insurance Premium (MIP) as required by the lender. C, If any expense exceeds an amount expressly stated In this contraot for such expense to be paid by a party, that party n7aq temtinate this contraot unless the other party agrees to pay such excess. Buyer may not pay charges and fees expressly prohibited by FHA, VA, Texas Veterans Housing Assistance Program or other governmental loan program regulatlons. Initialed for IdentHicatlon, by Buyer; _ and Seller TREC N0. g-B (TAR-1807) 2.13.08 Page 4 of 8 P7otluced vnlh ZlpFOrm"' 6y RE FomisNar, LLC 7 B02fi FiNsen MIe~ROad, CMtan TOwnslilp, Michigan 48075 yyeybp(Q~Om Fle77en 1$.78A - _____ 18-.380_Aeres-r7ff__Lake~Arthur Dr. ---- --- -------- Contract Conyeming` > Port Arthur 77642 Page 5 of 8 02-13-n6 (Address of Property) 13. ~PRORATIONS AND BOLLBACIC TAXES: ' •A PROBATIONS: Taxes for the current year, interest, maintenance fees, assessments, dues and rents will be prorated through the Closing (Date. The tax proration may be calculated taking into consideration any change in exemptions that will affect the current year's taxes. If taxes for the current year vary from the amount praratetl at closing, the parties shall adjust the prorations when tax statements for the current year are available. IP fazes are rat paid at or prier to closing, Buyer shall pay taxes for the current year. B. ROLLBACK TAXES: If this 'sale or Buyer's use of tha Property after closing results in the assessment of additional taxes, penalties or' interest (Assessments) for periods prior to closing, the Assessments will be the obligation of Buyer if Sellers change in use of the Property prior to closing or denial of a special use valuation on the Property claimed by Seller results in Assessments for periods prior to closing, the Assessments will be the obligation of Seller. Obligations imposed by thisparagraph will survive closing. 14. CASUALTY LOSS; If any part of the Property is damaged or destroyed by fire or other casualty after the effective date of this contract, Seller shall restore the Property to Its previous condition as soon as reasonably possible; but in any event by the Closing Date. IfSeller fails to do so due to factors beyond Seller's control; Buyer may (a) terminate this contract and the eamest money will be refunded to Buyer (b) eklend the time for performance up to 15 days and the Closing Date will be extended as necessary or (c) accept the Property in its damaged condition wifh an assignment of insurance proceeds and receive credit from Seller at closing in the amount of fhe deductible under the insurance policy. Seller's obligations under this paragraph are Independent of any other obligations of Seller under this contract. 45. DEFAULT; If Buyer fails to comply with this contract, Buyer will be in default, and Seller may (a) enforce specific performance, seek such other relief as may be provided by law, or both, or (bj terminate this contract and receive the eamest money as liquidated damages, thereby releasing bath parties from this contract. If, due to factors beyond Seller's control, Setter fails Witfilh~ the time allowed to make any non-casualty repairs or deliver the Coinmltment, or surrey, if required of Seller, Buyer may (a) extend the time for performance up to 15 days and the Closing Date will be extended as necessary or (b) terminate this contract as the sole remedy and receive the earnest money. If Seher falls to comply with this contract for any other reason, Seller will be in default and Buyer may (a) enforce specific performance, seek such other relief as may be provided by law, or both, or (b) Terminate this contract and receive the earnest money, thereby releasing both parties from this contract. T6. MEDIATION: It is fife policy of the Slate of Texas to encourage resolution of disputes through alternative dispute resolution procedures such as mediation. Any dispute between Seller and Buyer related to this contract which is not resolved through informal discussion 0 will ^ will not be submitted to a mutually acceptable mediation service or provider. The parties to the mediation shall bear the mediation costs equally. This paragraph does not preclude a party from seeking equitable relief, from a court of competent Jurisdiction, 17: ATTORNEY'S PEES: The prevailing party in any legal proceeding related to this contact is entitled to recover reasonable attorney's fees and a~lcosts of such proceeding incurred by the prevailing party. 18. ESCROW: ~ A, ESCROW: The escrow agent is not (i) a party to this contract and does not have liability for the performance or nonperformance of arty party to this contract, (ii) liable for interest on the earnest money and (iii) liable for the loss of any earnest money caused by the failure of any financial institution fn which the eamest money has been deposited unless the financial institution is acting as escrow agent. B, EXPEf~§ES: At closing, fife eamest money must be applied first to any cash down payment, then to Buyers Expenses and any excess refunded to Buyer. If no closing occurs, escrow agent may require payment of unpaid expenses incurred on behalf of the partles and a written release of liability of escrow agent from an parties. C. DEMAND: Upon termination of this contract, either party or the escrow agent may send a release of earnest money to each party and the parties shall execute counterparts of the release and deliver same to the escrow agent. If either party fails to execute the release, either party may make a written demand to the escrow agent for ilia earnest money. If only one' party makes written demand for the earnest money, escrow agent shall promptly provide a copy of the demand to fhe other party. If escrow agent does not receive written objection to the demand from the other party within 75 days, escrow agent may disburse the eamest money to the party making demand reduced by the amount of unpaid expenses incurred on behalf of the party receiving the eamest money and escrow agent may pay the wine to the creditors. IF escrow agent complies with the provisions of this paragraph, each party herebyreleases escrow agent t7om alt adverse claims related to-the disbursal of the Initialetl far identiflcation by Buyer _ and Seller TREC NO. 9-6 (rAR-1607) 2-13-08 Page 5 of 8 PtcdumC wi8i 7J Fdrfil^' RE FOIrnsHe IL 78U28Fl nMlleR ~ P M L,L C Ree oad. Crnlon TavmsNp. Michigan 48018 lmvfv.dorarm-cram Haven I&38 A -------- la:-ja0 Acres-OPf-Lake Arthur Dr. _ -~~ ~---~--~~--~ Contract Concerning Port Arthur 77642 Page 8 of 8 02-13-08 (Address of Properly) D. DAMAGES: Any party whe wrongfully faits or refuses to sign a release acceptable to the escrow agent withih 7 days of receipt of the requests will be liable to the other party for liquidated damages of three limes the amount of the earnest money. E. NOTICES: Escrow agent's notices will be effective when sent in compliance with Paragraph 21. Notice of objection to the demand wilt be deemed effective upon receipt by escrow agent. 19. REPRESENTATIONS: Seller represents that as of the Closing Date (a) there will be no liens, assessments, or security interests against the Property which will not be satisfied out of the sales proceeds unless securing payment of any loans assumed by Buyerand (b) assumed loans will nct be to default. If any representation of Seller imthis .contract is untrue on the Closing Date, Seller will be in default. FEDERAL TAX REG1l11REMEN'TS: If Seller is a "foreign person," as defined by applicable law, or if Seller fails to deliver an affidavit to Buyer that Seller is not a "foreigh person," then Buyer shall withhold from the sates proceers an amount sufficient to comply with applicable tax law and deliver the same to the Internal Revenue Service together with appropriate tax forms. Internal Revenue Service regulations require filing written reports if currency in exce$s of spapified amounts is received In the transaction. i 21. NOTICES: All fiotices from one party m the other must be in writing and are effective when mailed to, at, ortransmitted by facsimile orelectronic transmission asfoliows: 'fo Buyer at: Hassan Shomalzadeh 4506 Kandvwood Lane Port Arthr. Tex 77642 Telephone:.(409) 466-6304 Facsimile: I E-mail: To Seller at: 127 Novant Drive Little Rock Arkansas 72223 Talephone:1501)663-2451 Facsimile: 22. AGREEMENT OF PARTIES: This contract contains the entire agreement of the parties and cannot be changetl except by (heir written agreement; Addenda which are a part of this contract are (check all app{ICable boxes); t ^ Third Party Financing Condition Addendum ^ Ehvironmental Assessment, Threatened i or Endangered Species and Wetlands ^ SellerFir4ancing Addendum I ^ Loan Assumption Addendum ^ Addendum for Property Subject to Mandatory Membership in art owners Association ', ^ Addendum for Sale of Other Property by Buyer Other (list): ' Initialed for Identification by (FAR-1607) F•13-08 and Addendum [] Addendum for Coastal Area-Property ^ Addendum For Property Located Seaward of the Gult Intracoastal Waterway ^ Addendum for Release of Liability on Assumption of FHA, VA, or Conventional Loan Restoration of Seller's Entitlement for VA Guaranteed Loan ^ Addendum for"Back.ldp" Contract ProducetlmTh LpFortn° try RE FomuNer. ~LLC 18045 F"Aleen rAle RObd, COnlen TOVmshlp. Michigan x8015 www.zloformcom TREC NO. 9-6 Page 6 of B Hawn tA.38 A __ 18.380_Acres O£f Lake- Arthur Dr _ _ _. _ . -------- --- Contraet Canceming ~ Port A,r+*±ir 77842 Page 7 of B 02 t3-06 . (Address of Properly) 23. TERMINATION OPTION: for nliminal consideration, the receipt of which is hereby acknowledged by Seller and ' , Buyer s agreement Co pay Seller $ NfA (Option Fee) within 2 days aRer the effective date of this contract, Seller grants Buyer theunrestricted right to terminate this contract by gluing notice of termination to Seller ' within N .A days after the effective date of this wntract. If no dollar amount is stated as the Option Fee orlf-Buyer fails to pay the Option Fee within the, time prescribed, this paragraph will not be a part of this contract and Buyer shall not have the unrestricted right to terminate this contract If Buyer gives notice of termination within the time prescribed, the Option Fee will not.be refunded; however, any earnest money will be refunded to Buyer. The Option Fee ^ will Q will not be credited to the Sales Price at closing. Time is of the essence for this paragraph and ' strict compliance with the time for performance Is required. 24. CONSULT AN ATTORNEY; Real estate licensees cannot give legal advice. READ THIS CONTRACT CAREFULLY . Ifyoudo not understand the effect of ffiis contract, consult an attorney BEFORE signing. Buyers Seller's Atfomey Is: Pete steals Attorney is: 3120 Central Mall Dr, 1 Port Arthur, Tex 7764 2 - Telephone: 19091 72.4-6644 Telephone: Facsimile: Facsimile: E-mail: E-mail: l~ ' .EXECUTED the / /I day of _Z22gi'cfi ~ Z ao 8 (EFFECTIVE DATE). (BROKER: FILL IN THE DATE OF FINAL ACCEPTANCE.) ~j Buyer Hassan shomalzadeh Seller Hancock, 3bseph 6 niels,Inc. Q Buyer Seller j ~ The }onn of lhls conbadt has been epprove d by 1ha Texas Real Estate Commission. TREC farms are intended (or use only by Trained real estate licensees. No representation L3 madelas to the legal validity ar adequacy of any provision in any spea(c transactions. It Is not intended Tor winpleX iransacGons. Texas Real Estate Commission, P.O. Box 12188, Austin, TX 7871 1-2188, 1'-800.250-875? or (512) 459-8544 (http7/wivw.treestate.fx.us) TREC NO, 9-6. This form ieplaces TREC NO.9-5. . I TREC NO.9-6 (TAR-1607) 2-t3,U8 ~ ~ - Page 7 of 8 Prytluced xath Zrpfonn^' hl' RE Fbm6NeL LLC 18825 Flfleen Milo Road, r7171nMn TovmsNp, Milligan 480.35 xww.zlofacmeem }thtlnn 188 A ---18-380-AC=es-Off-Lake'Arthur Dr.-` - -- - ContractCdncemMg ~_ Port Arthur. 77642 Page8af6 02-19-06 (Address of Pro erty BROKER INFORMATION AND RATIFICATION OF FEE Listing Broker has agreed to pay Other Broker N/A of the total sales price when Listing Broker's fee is received. Escrow Agent is authorized and directed to pay Other Broker from Listing Brokers fee at closing. N/A ~ Blount Properties 0234628 Other Broker 1. ~ License No. Llsttng Broker License Nc. represents ^ Buyer only as Buyer's agent represents x^ Seller and Buyer as an intermediary ^ Seller as Listing IBrokel's subagent ^ Seller ony as Sellers agent (409)721-5533 Associate ; Telephone Listing Associate Telephone Ronald J, Hlount i ~ 2826 Nall (409)721-9560 Broker's Address Listing Associate's Office Address Facsimile ~ ~ Port Neches Tx 77651 City I State Zip City -, State Zip ' ronnieCblovntproperties. cam Facsimile Ema/i/l~/Address /~~/ ~'' __LCi~r~/~! e.-il~ (409)721-5533 Email Address Selling Assoaat Telephone Ronald J. fll unt Same Selling Associate's Office Address Facsimile City State -Zip Email Address OPTION FEE RECEIPT Receipt of $ -o- (Option Fee) in the form of is acknowledged. Seller or Listing Broker i Date - _ ~C/ONTRACT AND EARNEST MONEY RECEIPT /~ x/~]~ Receipt of Contract and L'7 $~ ~ • ~ Earnest Money in the form of l X ~ I u t/ is acknowledged. _ ~ )~ I (~~ ESCroWAgent Port Arthur (Abstract & Title co. Date: ( I By: ~~ ~Moily Mahe ~ Email Address 2950 Turtle Cr k Drive Telephone: (909)860-3000 Address ! Port Arthur Tx 77642 Facsimile: City State Zip TREC N0.9.6 (TAR-060n 2-13-06 - Page 8 of 8 Pioduted with L,Ipporm ^' by RE FormsNel, LLC 18025 Flfleen Mlle Road. Clinton Township, Mlchlgan IBWS www.zioPorm emn Hassan 18.78 A ...__ PProve _ ~ A _ d by the,Texas_Real Estate_Cornmissicntor Voluntary-Use - ---~~-- - - Texas law requires al! real estate licensees to give the following inlomJafion about brokerage services fo prospective buyers, tenants, sellers and landlords. information About Brokerage Services afore working with a real estate' broker, you should gknow chat the duties of a broker depend on whom fhe~ broker represents. If you are a prospective seller or landlord (owner) or a prospective buyer or tenant (buyer), you should know that the broker who lists the property for sale or lease is the' owners agent. A broker who acts as a subagentrepresents the owner in cooperation with the listing broker. A broker who acts as a buyers agent represents the buyer. A broker may act as an intermediary between the parties if the parties consent ih Writing. A broker can assist you in locating a property, preparing a contract or lease, or obtaining financing without representing you. A ,broker is obligated bylaw to treat you honestly. ' IF THE BROKER REPRESENTS THE OWNER: The broker becomes the owner's agent.by entering into an agreement with the owner, usually through a w«tlen - listing agreement, or by agreeing to aU as a subagent by accepting en offer of subagency from the listing broker. A subagent may work in a different real estate office. A listing broker or subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first. The buyer should not tell the owner's agent anything the buyer would not want the owner to know because an owners agent must disclose to the owner any mate«al infonnatlon known to the agent. I IF THE BROKER REPRESENTS THE BUYER: The broker becomes the buyer's agent by entering info an agreement to represent the buyer, usually through a written buyer representation agreement. A buyers agent can assist the owner but does not represent the owner and must place the interests of the buyer first. The owner should not tell a buyers agent anything the owner would not want the buyer to know because a buyer's agent must disclose to the buyer any material information known to the agent. IF THE BROKER ACTS AS AN INTERNIEOIARY: A broker may act as an intermediary between the parties if the broker ca¢>plles with The Texas Real Estate License Act. The broker must obtain the written consent of each party to the transaction to act as an Intermediary. The w«tten consent must stale who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obligations as an intermediary. The broker is required to treat each party honestly and fairty and to comply wish The Texas Real Estate license Act. A broker who acts as an intermediary in a transaction: (1) shall treat all parties honestly; (2) may not disclose that the owner will accept a price less than the asking price unless authorized in writing to do so by the owner; (3) may noE disclose That the buyer will pay a p«ce grea(er Than the price submitted in a written offer unless authorized in writing to do so by the buyer; and (4) may not disclose any confidential information or any information that a party spedficaly instructs the broker in writing not to disclose unless aulhorzed in writing to disclose the information.cr required. to do so by The Texas Real Estate License Act or a court order or if the information materially relates to the condition of the property. With the parries' consent, a broker acting as an intermediary between the. parties may appoint a person who is licensed under The Texas Real Estate License Act and associated with the broker to communicate with and carry out instructions of one party and another person who. is licensed under that Act and associated with the broker to communicate with and carry out instructions of the other party. If you choose to have a broker represent you, you should enter into a wdlten agreement with the broker that ciao«y establishes the brokers obligations and your obligations. The agreement should state how and by whom the broker will be paid. You have the «ght ~to choose the Type of representation, if any, you wish to receive. Your payment of a fee to a broker does not necessarily establish That the broker represents you. IT you have -any questions regarding the duties and responsibilities of the broker, you should resolve those questions before proceeding. Real estate licensee asks that you~cknowledge receipt of this information about brokerage services for the licensee's recorrJs. 07 Texas Real Esuta Brokers and Salespersons are ricensed and regulzled try the Texas Real Estate Commission (TREC), iryou have a question or complaint regarding a real estate Ocensee, you snoultl contact TREC al P.O. Sox 131aa, Austin, Texas 797U ~21 ea or 612~48i]960. natsanxa orrssrwnr 01A TREC No. OP-K (TAR-2501) 1/1/96 page 1 of 1 BlountPmpcrtia 282G Nall, Pori Nechrs.TX 77651 Phanc4091215513 Fax: (409) 721-9560 Ronald 1. Blamri l.rtz Produced wilhLpFOrth^' GY RE~FOrmsNel, lLC 15026 FReen Mile Road, Conlon Towruhip, Michigan <6o]S www.zio ncn m The real property, described below, which you are about to purchase; is located iri the Jefferson County Drainage DisGict No. 7. The Disn•ict has taxing authority separate fiam any other taxing authority, and' may, subject ro voter approvalt issue an unlimited amowtt of bonds and levy an unlimited rate of tax in paymentof such bonds. As of this date, the rate of taxes levied by the District on real property located in the districEis 0..172102 oneach $100.00 of assessed evaluation. If the District has not yet levied taxes, the most recent projectedrate of debt service tax, as of this date, is 0.00 on each 100.00 of assessed valuation. The Total amount of bonds which has been approved by the voters and which have been or may, at this date, 6e issued is~00, and the aggregate initial principal amounts of all bonds issued for one or more of the specified facilities of the District and payable in whole or in part from propetTy taxes which have been previously issued was $28.845.000.00. - ~ - The District has the authority to adopt and impost a standby fee on property in the district that has district- financed water or sewer facilities and service available but not connected. The district may exercise the authority without holding an election on the matter. As of this date, the most recent amount of the standby fee is 0:00. An unpaid standby fee is a personal obligation of the person that owned the property at the limp of imposition and is secured by alien on the property. Any person may request a certificate Crom the district stating the amount, if any, of unpaid standby fees on a ezct of property in the district. The purpose ofthis D disfriU through the is; utility facilities is not or to tie:awned by the The legal description of GLT7TR4LT8 Rafe is to provide drainage and flood control facilities and services within the of bonds payable in whole or in part from property taxes. The cost of these ed in the purchase price ofyour property, and these utility Facilities are owned voperty, which you are acquiring, is as follows: LT 5 TR 3 BLK 10 RG 1 BLTC 10 RG H PAL O. Signature of Seller '~ pate Signature of Seller The und'ersigtted Purchaser hereby acknowledges receipt of the foregoing notice at or prior td execution of a binding eontract for the purchase of the real property described in such notice or at closing of purchase of the real property. bate Signature of Purchases - I Date Signature of Purchaser PURCHASER [S ADVISED THAT THE INFORMATION SHOWN ON THIS FORM IS SUBJECT TO CHANGE BY THE DISTRICT AT ANY TIME. THE DtSTR1CT ROUTINELY ESTABLISHES TAX RATES DURING TH>; MONTHS OF SEPTEMBER THROUGH DECEMBER OF EACH YEAR, EFFECTIVE FOR THE YEAR IN WHICH THE TAX RATBS ARE APPROVED BY THE DISTRICT. PURCHASER IS ADVISED TO CONTACT THE DISTRICT TO DETERMINE THE STATUS OF ANY CURRENT OR PROPOSED CHANGES TO THE INFORMATTOTJ SHOWN ON THIS FORM. ~ ~~~ TEXAS ASSOCIATION OF REALTORS® INTERMEDIARY RELATIONSHIP NOTICE USE OF THIS FORM 9Y PERSONS.NHO ARE NOT MEMaERS OF THE.TEEAS ASSOGATION OF REALTORSD IS NOT AViHOR¢E0. ' I OTmaa Ai+oelanon W REA~TORSq Inc saaa To; ~ Hancock Soseph & •Aanials Inc (Tim Mcftenzie Psesidentl (Seller or Landlord) ands Hassan Shomalzadeh {Prospect) Tram: Blount. Properties . ~ (Ronald Blountl (Broker's Firm} 16.380 AcresiJff :Lake Arthur Res Port Arthur. Tx 77692 (Property) Baler i A. Unifier thls notice, "owner' means the seller or landlbrti of the Property and "prospect" means the above~ained prospective buyer or tenant for the Prbperfy. 8. Broker's fine represents the owl er under 8 listing agreement and also represents the prospect under abuyer/tenant representation agreement. C. In the Written listing agreement and the written buyedtenant representation agreement, tioth the owner and the prospect'previously authorized Broker to act as an intermediary if a prospect who Broker represents desires to buy or lease a property that is listed bey the Broker. When the prospect makes an offer to purchase or lease the Property, Broker will act in aceordanpe~with the authorizations granted in the listing agreement and in the buyer/tenant representation agreement. i R. Broker ~] will ~ vrip riot appoint licensed associates to communicate with, carry out instructions of, and provide opinions and advice during negotiations to each party. If Broker makes such appo(ntments, Broker appoints: i 1 ' to the owner, and ' to the prospect. E. ey acknowledging receipt of this notice,.lhe undersigned parties reaffirm their consent far broker to act as an Intermediary. F: Additional tnformation: (Disclose material information related to Broker's relationship to the parties, such as personal relationships or prior ordontemplate8 business relationships.) Theigned acknawled a receipt of this notice ' .I Selter:or landlord Date Prospect a Daie Tiro McFCenzie j Hassan Shomalzadeh Sellerortandlord ~ ~ Date ~ ~ Prospect Date (TARS 9qd~ 1-7-04 ~ ~ - - Page 1' of 1 i Hfouht l'rtpeitiiy 282¢Nali, Part Niches TX~77631 P}ione:409'12I3533 ~ Fez: t409) 72l-9560 Ronaltl 1. Blount ~ - fih Produced W.51 Zlprorm"' hY I E FofmsNBt LlC 78025 Fifteen Mlle Road. Crinim Towmhip, MlUlgan <a0S5 www.zlolarm.com 1 I EASEMENT STATE OF TEXAS § 5 KNOW ALL MEN BY THESE .PRESENTS COUNTY OF JEFFERSON § 1 , ~. THAT Hassan Shomalzadeh, hereinafter called "Grantor" I for and in consideration of the sum of TEN DOLLARS AND NO/100 ($10) cash and other consideration to us in hand paid by the City_of Port Arthur, Texas, a Municipal Corporation, (hereinafter called the "City"), as well as other good and. valuable. considerations, receipt of all of which is hereby acknowledged and confessed, have GRANTED, SOLD, and CONVEYED and by these presents do GRANT, SELL, AND CONVEY unto the said. City of Port Arthur, Texas, a right, privilege, land Easement in, under, and across the tracts of land that is approximately 11 acres adjacent to Lake Arthur Drive situated in Jefferson County, Texas, to- wit: See Exhibit "A", attached hereto and .incorporated by reference. Said Access Easement in the corridor as marked in ~ . Exhibit "A" shallbe non-exclusive and shall be for the purpose of access~in favor of the City so that the City can utilize, maintain! improve and upgrade as needed the t I adjacent canal, ditches, stormsewer facilities and_ 1 I z.access easement_shomalzadeh R ^ _ i ~ -- detention facilities and adjacent city property and .it is granted subject tl these provisions. Said Stormseler and Drainage Easement in the corridor or corridors .as mlrked in Exhibit "B" shall be non- exclusive and shall be for the purpose of maintaining, improving, installing and upgrading by the City of stormsewer lines Ind drainage structures in the corridor or corridors as markld in Exhibit "A" I. It is expressly understood and agreed that the City , shall have the right of ingress to and egress from the above-described tlract of land for the aforesaid purposes of this Easement. ~ 1 II. , It is`expreslsly understood and agreed that the City shall have the rilght to temporary use of 'such adjacent property to the Ibove-designated Easement as is reasonably needed for workiJlg room to accomplish-the aforesaid purpose of this Easement! TO HAVE AND TO.HOLD the}same unto the City of Port Arthur, Texas, ils successors and assigns forever. WITNESS MY HAND, this day of A. D., 2008. I' i z.access easement sham liadeh GRANTOR: . BY: Hassan,Shomalzadeh ACKNOWLEDGMENT THE STATE OF TEXAS COIINTY OF JEFFERSON BEFORE ME, the undersigned Notary Public, on this day personally appeared Hassan Shomalzadeh., known to me to be the person whose name is subscribed. £o the foregoing instrument, for the purposes and considerations therein expressed, and in the capacities therein stated. GIVEN IINDERIMY HAND AND SEAL OF OFFICE, this day of 2008. NOTARY PUBLIC IN AND FOR THE STATE OF TEXAS ACCCEPTANCE OF EASEMENT This easemet was accepted by the City of Port Arthur per Ordinance Noa approved by the City Council'on WITNESS MY HAND this 'day of 2008. ~ , CITY OF PORT ARTHUR i By: Stephen Fitzgibbons, City Manager .. z.access easemenC_shomal adeh I ACKNOWLEDGMENT., THE-STATE OF TEXAS COUNTY OF JEFFERSON I BEFORE ME, the undersigned Notary Public, on this day personally appeared Stephen Fitzgibbons City Manager of the City of Port Arthur, known to me to be~the person whose, name is subscribed to the foregoing instrument, and. acknowledged to me that lie executed the same as the act and deeds of the City~of Port Arthur, for the purposes and considerations therein expressed, and in the capacities- therein stated. i GIVEN UNDER MY HAND AND SEAL OF OFFICE, this day of 2i 08. NOTARY PUBLIC IN AND FOR THE STATE OF TEXAS APPROVED AS TO FIRM: Mark T. Sokolow,ICity Attorney i I z.access easement_shomallzadeh ' EXHI~IP[' ~~,~;®' 1. ~~ ~~ .t 1 .EASEMENT STATE OF TEXAS i § § KNOW ALL MEN HY THESE PRESENTS COUNTY OF JEFFERSON § THAT Hassan Shomalzadeh, hereinafter called "Grantor" for and in considlration of the sum of TEN DOLLARS AND NO/100 ($10) cash and other consideration to us in hand paid by the City of Port Arthur, Texas, a Municipal Corporation, (hereinafter called the "City"), as well as other good and valuable considerations, receipt of all of which is hereby aknowledged and confessed, have GRANTED; SOLD, and CONVEYED and by these presents do GRANT, SELL, AND CONVEY unto the said City of, Port Arthur, Texas, a right, privilege, and Easement in, under, and across the tracts of land that is approximately 11 acres adjacent to 'Lake Arthur Drive 'situated in Jefferson County, Texas, to- wit: See Exhibit."A", attached hereto'and incorporated by reference. Said Stormsewer and Drainage Easement in the corridor as marked in Exhibit "A" shall be nori-exclusive and shall be for the purpose of maintaining, improving, installing and upgrading by tie City of stormsewer lines and drainage structures. I z.drainage easement shomalza4deh 11 acres I - I. It is expressly understood and agreed that the City i shall have the right of ingress to and egress from the ,above-described tract of land for the aforesaid purposes of this Easement. IL. ` It is expressly understood and agreed that the City shall have the right to temporary .use of such adjacent property to the above-designated Easement as is reasonably needed for working room to accomplish the aforesaid purpose of-this Easement.; TO HAVE AND TO HOLD the same unto the City of Port Arthur, Texas, its successors and assigns forever. WITNESS MY .HAND, this day of A. D., 2008. GRANTOR: BY: Hassan Shomalzadeh I THE STATE OF TEXAS ACKNOWLEDGMENT z.drainage easement shomalzadeh 11 acres f f COUNTY OF JEFFERSON BEFORE ME, the undersigned Notary Public, on this day personally'appear~ed Hassan Shomalzadeh known to me to be the person whose name is subscribed to the foregoing instrument, for the purposes and considerations therein expressed, and ih the capacities therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE, this day of 2008. NOTARY PUBLIC IN AND FOR. ' THE STATE OF TEXAS' ACCCEPTANCE OF EASEMENT This easement was accepted by the City of Port Arthur per Ordinance No.l approved by the City Council on •` WITNESS MY HAND this day of 2008. I i CITY OF PORT ARTHUR i By: Stephen Fitzgibbons, ` City Manager i i~ i i ' i z.drainage easement_shomalzadeh 11 acres 1 4 ACKNOWLEDGMENT THE STATE OF TEXP;S COUNTY OF JEFFERSON BEFORE ME, the undersigned Notary Public, on this day personally appeared Stephen Fitzgibbons, City Manager of the City of Port Arthur, known to me to be the person whose name is subscribed to the foregoing 'instrument, and acknowledged to me that 'he executed the same as the act and deeds of thA Citylof Port Arthur, :for. the purposes and considerations therein expressed, and in the capacities therein stated. ~ GIVEN UNDER MY HAND-AND SEAL OF,~OFFICE, this day of ,. 2008. NOTARY PUBLIC IN AND FOR THE STATE OF TEXAS I , APPROVED AS TO FORM: Mark T. Sokolow, City~Attorney z.drainage easement_shomalz~adeh_11 acres ,~ ~ _ ~. i f f I~ i i ~ EASEMENT i i STATE OF.TEXAS ~ § § KNOW ALL MEN BY THESE PRESENTS COUNTY OF JEFFERSON § THAT Hassan~Shomalzadeh, hereinafter called "Grantor" for and in consideration of the sum of TEN DOLLARS .AND NO/100 ($10) cashand other consideration to us in hand paid by the City of Port Arthur, Texas, a Municipal Corporation, (her;einafter called the "City"), as well as other good and.va~luable considerations, receipt of all of which is hereby acknowledged and confessed, have GRANTED, SOLD, and CONVEYED and by these presents do GRANT, SELL, AND CONVEY unto the said City of Port Arthur, Texas, a right, privilege,~and Easement in, under, and across the i approximately 18..38 acre tract of land situated in Jefferson County,~Texas, to-wit: See Exhibit i`A", attached hereto and incorporated by reference. Said Stormsewer and Drainage Easement in the corridor as marked in Exhiiit "A" shall be non-exclusive and shall be .f or the purpose of maintaining, improving; installing and upgrading by ~he' City of stormsewer lines and drainage structures. z.drainage_easement_shomal adeh_18 acres . I It is expreslly understood and agreed that the City .shall have the riiht of ingress to and egress from the i above-described tract of land for the aforesaid purposes of this Easement. .I II. It is expressly understood and agreed that. the City shall have the rilht to temporary use of such adjacent property to the above-designated Easement as is reasonably needed for working room to accomplish the aforesaid purpose of this Easement.) ' TO HAVE AND TO HOLD the same unto the City of Port . i Arthur, Texas,.. its successors and assigns forever. '~' WITNESS MY HAND, this day of A. D., 2008. I . GRANTOR: ' BY: Hassan Shomalzadeh ACKNOWLEDGMENT THE STATE OF TEXASS CODNTY OF SEFFERSON BEFORE ME, .the undersigned Notary Public, on this day personally appeared Hassan Shomalzadeh known to me to be the person whose name is subscribed to the foregoing instrument, for the purposes and considerations therein expressed, and in~the capacities therein stated. z.¢rainage_easementshomalzadeh 18 acres i GIVEN_ UNDER MY HAND AND SEAL OF OFFICE, this of 2008. ' i NOTARY PUBLIC IN AND FOR THE STATE OF TEXAS ACCCEPTANCE OF EASEMENT ,This easement was accepted by the City of Port Arthur per Ordinance No. approved by the City Counoil~on ' WITNESS MY HAND this day~of , 2008. ~ CITY OF PORT ARTHUR By. ~ Stephen Fitzgibbons, City Manager i . . 4 i. i z.drainage_easement_shomalzadeh_ie acres i , i day ACKNOWLEDGMENT. THE STATE OF TEXAS COUNTY OF JEFFERSON BEFORE ME, the undersigned Notary Public, on this day personally appeared Stephen Fitzgibbons City Mana er of the City of PortiArthur, known to me to be the person whose name is subscribed to the foregoing instrument, and. acknowledged to me that he executed the same as the act and deeds of the City of Port Arthur, for the purposes and considerations therein expressed, and in the capacities therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE, this day of 2008. _ NOTARY PUBLIC IN AND FOR a THE STATE OF TEXAS APPROVED AS TO FORM: Mark T. Sokolow, City Attorney z.drainage_easement_shomal~zadeh i8~acres 4 EXHIBIT ~"G'° i AUTHORIZATION TO SELL PROPERTY WHEREAS, by Deed Without Warranty recorded August 23, 2001 under CountylClerk's file number 2001030451 Official Public Records of Real Property, Jefferson County, Texas, Park Central Municipal Utility District conveyed approximately 18..380 acres of land to Hancock, Joseph & Daniels, Inc:; ahd~ WHEREAS, the Deed provides that any future contract of sale must be approved in writing by United States ' Department of Commerce National Oceanic and .Atmospheric Administration and~rthe Park Central Municipal Utility District; and WHEREAS, ParklCentral.Municipal Utility District wasp dissolved and the City of Port Arthur, Texas is its successor in intereist; and , WHEREAS, Hancock, Joseph & Daniels, Inc. wishes to sell the property to Hassan Shomalzadeh for $60,000, pursuant to a contract furnished to NOAA and the City, with the net sale proceeds being paid to the City. i Accordingly, the undersigned hereby approves the sale of the property, pursuant to the contract with Hassan Shomalzadeh, and pursuant to the terms of Ordinance No. UNITED STATES DEPARTMENT OF COMMERCE NATIONAL OCEANIC AND~,ATMOSPHERIC ADMINISTRATION BY:- (printed name and title) _ CITY OF PORT ARTHUR,iTEXAS ` (Successor to Park Central Municipal Utility District) BY: (printed name title) Z.po5874 exhibit