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HomeMy WebLinkAboutPO 5319: SPECIAL WARRANTY DEEDinteroffice MEMORANDUM To: From: Subject: Date: Mayor, City Council, City Manager ..~/~ Beverly Freeman, Director of Housing P. O. No. 5319; Council Meeting March 4, 2003 February 28, 2003 Attached is P. O. No. 5319 authorizing the conveyance of property to Marcus & Rachel Jaccfuet in accordance with the Moderate Income Homebuyers Assistance Program. This property was originally purchased for $3,833.42 from Barbara and Kimberly Broussard for Housing Opportunities of Texas, and Housing Opportunities of Texas deeded the property to the City for $1,000. This property is vacant. The value of the property as indicated on the Jefferson County Appraisal District's website is $1,520. Mr. & Mrs. Jacquet will be building a house on it. BF/jb Attachment P. O. No. 5319 02/28/03 jb ORDINANCE NO. AN ORDINANCE AUTHORIZING A SPECIAL WARP. ANTY DEED OF PROPERTY TO MARCUS & RACHEL JACQUET WHEREAS, pursuant to Section 272.001(g) Local Government Code, a political subdivision may sell, exchange or ouherwise convey land for less than its fair market value to an entity for the development of low-income or moderate-income housing; WHEREAS, Resolution No. 98-244 established the Moderate Income Homebuyers Assistance Program; WHEREAS, Resolution No. 02-213 amended the Moderate Income Homebuyers Assistance Program to provide grants of up to $5,000 for individuals to purchase lots from the City and construct housing thereon; and WHEREAS, the City Council wishes to convey the property delineated in Exhibit "A" to Marcus & Rachel Jacquet. NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PORT ARTHUR: Section 1. That the facts and opinions in the preamble are true and correct. Section 2. That the City Council herein authorizes the City Manager to convey the property listed in Exhibit "A" to Marcus & Rachel Jacquet for the purposes as delineated in the Moderate Income Homebuyers Assistance Program and in substantially the same form as delineated in Exhibit ~B". Section 3. That a copy of the caption of this Resolution be spread upon the Minutes of the City Council. READ, ADOPTED AND APPROVED on this __ day of , A.D., 2003, at a Regular Meeting of the City Council of the City of Port Arthur, Texas, Mayor by the following vote: , City Council AYES: NOES: ATTEST: OSCAR ORTIZ, MAYOR EVANGELINE GREEN, APPROVED AS TO FORM: CITY SECRETARY MARK T. SOKOLOW, CITY ATTORNEY APPROVED FOR ADMINISTRATION: STEVE FITZGIBBONS, CITY MA/~AGER EXHIBIT "A" EXHIBIT "A' PROPERTY DESCRIPTION Lot Number Ten (10), Block Five Hundred Twenty-five (525~. of Model Addition. an Addition to the City of Port Arthur. Jefferson County, Texas. according to the map or plat thereof, of record in Volume 3. Page 199. Map Records. Jefferson County, Texas. EXHIBIT "B" SPECTAL WARRANTY DEED Date: January 28, 2003 Grantor: City of Port Arthur, Texas Grantors Mailing Address [including County): P.O. Box 1089, Port Arthur, Jefferson County, Texas 77640 Grantee: Marcus Sr. & Rachel A. ]acquet Grantee's Mailing Address (including County): 1249 E. 15m Street Port Arthur, 3efferson County, Texas 77640 CONSTDERATION: That The City Manager of the of Port Arthur, Texas, Steve Fitzgibbons, for and in consideration of the sum ofTen and No/100 ($10.00) and other good and valuable consideration to the undersigned in hand paid by the grantor herein named, the receipt and sufficiency of which are hereby acknowledged, have GRANTED, SOLD and CONVEYED, and by these presents do GRANT, SELL and CONVEY unto Marcus and Rachael 3acquet PROPERTY (including any improvement): Lot Number Ten (10), Block Five Hundred Twenty Five (525), of Model Addition, an Addition to the City of Port Arthur, Jefferson County, Texas, according to the map or plat thereof, of record in Volume 3, Page 199, Map Records, 3efferson County, Texas. RESERVATIONS FROM AND EXCEPTIONS TO CONVEYANCE AND WARRANTY: This conveyance is made expressly subject to all easements, rights-of-way, restrictions, covenants, and conditions and all exceptions reservations, and conveyances of minerals and/or royalties, oil and gas and/or mineral leases, affecting the above described property, and to all zoning laws ordinances, rules and regulations of municipal and/or other governmental authorities, but only to extent that same are in force and effect and relate to the above described property. This conveyance is also made subject to all state and federal laws and regulations, if any, affecting said property though they may be unrecorded. Grantor, for the consideration and subject to the reservaUon from and exceptions to conveyance and warranty, grants sells and conveys to Grantee the property, together with all and singular the rights and appurtenances thereto in any wise belonging, to have and hold it to Grantee, Grantee's Heirs, executors, administrators, successors, or assigns forever. Grantor binds Grantor and Grantee's Heirs, executors, administrators, and successors to warrant and forever defend all and z.S150'lotg_blk5 singular the property to Grantee and Grantee's heirs, executors, administrators, successors, and assigns, against every person whomsoever lawfully claiming or to claim the same or any part there except as to the reservations from and exceptions to conveyance and warranty. Executed on the , day of , A.D., 2003. GRANTOR, CI'TY OF PORT ARTHUR By: Steve Fitzgibbons, City Manager APPROVED TO AS TO FORM: CITY A1TORNEY ATTEST: CITY SECRETARY Return to: Original to Grantee: Marcus Sr. & Rachel A. 3acquet 1249 E. 1Sm Street Port Arthur, TX 77640 Copy to Grantor: City of Port Arthur Housing Division 444 4~ Street Port Arthur~ TX 77640 z. S1501otg_blk5 ACKNOWLEDGEMENT STATE OF TEXAS § COUNTY OF 3EFFERSON § BEFORE ME, THE UNDERSIGNED Notary Public, on this day personally appeared Steve Fitzgibbons, City Manager of the City of Port Arthur, known to me to be the persons whose name is described to the foregoing instrument, and acknowledged to me that he executed the same as the act and deed of the City of Port Arthur, Texas, for the purposes and consideration therein expressed, and the capacities therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE, this the day of ,2003. Notary Public, State of Texas My Commission Expires: z.S~.50'lo~_blk5