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HomeMy WebLinkAboutPR 18198: APPROVING EDC TO REPURCHASE PROPERTY FROM THE PORT ARTHUR HOUSING AUTHORITY Interoffice MEMORANDUM To: Mayor, City Council, Acting City Manager From: Floyd Batiste, CEO g!3 Date: February 11, 2014 Subject: P. R. No. 18198; Council Meeting on February 18, 2014 A RESOLUTION APPROVING THE CITY OF PORT ARTHUR SECTION 4A ECONOMIC DEVELOPMENT CORPORATION TO RE- PURCHASE PROPERTY FROM THE PORT ARTHUR HOUSING AUTHORITY P.R. No. 18198 2/11/14 CS RESOLUTION NO. A RESOLUTION APPROVING THE CITY OF PORT ARTHUR SECTION 4A ECONOMIC DEVELOPMENT CORPORATION TO REPURCHASE PROPERTY FROM THE PORT ARTHUR HOUSING AUTHORITY WHEREAS, per Resolution 09 -584, the City Council approved the sale of property by PAEDC to the Port Arthur Housing Authority for the purpose of constructing a building for its business operations and for the relocation of its employees; and WHEREAS, on or about November 4, 2013, the PAEDC Board of Directors decided to exercise its reversionary right as set forth in Section 2.12 of the Purchase Agreement; and WHEREAS, the PAEDC Board of Directors at their Special Board meeting on February 10, 2014, approved the repurchase of the 3.001 acre tract out of and part of Lots 6, 7, 8, 9 and 10, Block 152, Port Arthur, Jefferson County, Texas (the "Property ") from the Port Arthur Housing Authority for the purchase price of $130,000 less the closing costs and charges in the amount of $1,536.42; and WHEREAS, the PAEDC will repurchase the property for $128,463.58. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PORT ARTHUR, TEXAS: Section 1. That the facts and opinions in the preamble are true and correct. Section 2. That the City Council of the City of Port Arthur approves PAEDC repurchasing the Property for $128,463.58. 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., 2014, at a Meeting of the City Council of the City of Port Arthur, Texas, by the following vote: AYES: Mayor Councilmembers NOES: Deloris "Bobbie" Prince, Mayor ATTEST: Sherri Bellard, City Secretary APPROVED: Floyd Batiste, PAEDC CEO APPROV S TO FORM: Guy N. Goodson, PAEDC Attorney #1056028 Page 2 APPROVED AS TO FORM: aleci9rT eno, ty Attney 0-. be D� #1056028 Page 3 Exhibit "A" FROM : C. L. DAUGHR I TY PHONE NO. : Feb. 05 2014 10:54AM P2 C. Lynn Daughrity Attorney at Law $700 9 Avenue, Suite 107 Port Arthur, Texas 77642 -8069 Phone (409) 722 -8883 February 5, 2014 GERM>R, P.L.L.C. Kate Leverett, Esq. 530 Fannin, Suite 400 Beaumont, Texas 77701 Via fax 409/835 -2115 Re: City of Port Arthur Section 4A Economic Development corporation reversion of realty from Housing Authority of the City of Port Arthur Dear Ms. Leverett: The Board of Commissioners has approved the reversion of the property to the Port Arthur Economic Development Corp. Attached is a proposed Special Warranty Deed for your review. If it meets with approval, I will have it executed on behalf of the Port Arthur Housing Authority and delivered to you or your designee, at which time will be presented the payment to the housing authority in the amount of $128,463.58. If there are any questions, comments or changes regarding any of these matters, please do not hesitate to call me. Thank you for your cooperation and assistance. sincere y,1 C. Lynn D- .lfrity/ FROM : C. L. DAUGHR I TY PHONE NO. : Feb. 05 21314 10: 54AM P3 NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING IG INFORMATION FROM ANY INSTRUMENT THAT TRANSFERS AN INTEREST REAL PROPERTY BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER. Special Warranty Deed Date: , 2014 Grantor: Port Arthur Housing Authority, a Texas public corporation Grantor's Mailing Address: Port Arthur Housing Authority P.O. Box 2295 Port Arthur, TX 77643 Grantee: City of Port Arthur Section 4A Economic Development Corporation, a Texas public corporation Grantee's Mailing Address: City of Port Arthur Section 4A Economic Development Corporation 4173 9th Street Port Arthur, Texas 77640 • Consideration: Cash and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged. Property (including any improvements): The tract of land more fully described on Exhibit "A" attached hereto and made a part hereof for all purposes (the "Property "). Reservations from Conveyance: None Exceptions to Conveyance and Warranty: Validly existing easements, rights- of-way, and prescriptive rights, whether of record or not; all presently recorded and validly existing instruments, other than conveyances of the surface fee estate, that affect the Property; and taxes for 2014, which Grantee assumes and agrees 1 FROM : C.L.DAUGHRITY PHONE NO. : Feb. 05 2014 10:55AM P4 to pay, but not subsequent assessments for that and prior years due to change in land usage, ownership, or both, the payment of which Grantor assumes. Grantor, for the Consideration and subject to the Reservations from Conveyance and the 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 way belonging, to have and to hold it to Grantee and Grantee's heirs, successors, and assigns forever. Grantor binds Grantor and Grantor's heirs and successors to warrant and forever defend all and singular the Property to Grantee and Grantee's heirs, successors, and assigns against every person whomsoever lawfully claiming or to claim the same or any part thereof when the claim is by, through, or under Grantor but not otherwise, except as to the Reservations from Conveyance and the Exceptions to Conveyance and Warranty. GRANTEE IS TAKING THE PROPERTY IN AN ARM'S- LENGTH AGREEMENT BETWEEN TI-IE PARTIES. TFIE CONSIDERATION WAS BARGAINED ON THE BASIS OF AN "AS IS, WHERE IS" TRANSACTION AND REFLECTS THE AGREEMENT OF THE PARTIES THAT THERE ARE NO REPRESENTATIONS OR EXPRESS OR IMPLIED WARRANTIES. GRANTEE HAS NOT RELIED ON ANY INFORMATION OTHER THAN GRANTEE'S INSPECTION. When the context requires, singular nouns and pronouns include the plural. This instrument was prepared based on information furnished by the parties, and no independent title search has been made. Port Arthur Housing Authority, a Texas public corporation, Seledonio Quesada, Executive Director City of Port Arthur Section 4A Economic Development Corporation, a Texas public corporation, 2 FROM : C.L.DAUGHRITY PHONE NO. : Feb. 05 2014 10:55AM P5 STATE OF TEXAS COUNTY OF JEFFERSON This instrument was acknowledged before me on , 2014, by Seledonio Quesada, as the Executive Director of Port Arthur Housing Authority, a Texas public corporation, on behalf of said corporation. Notary Public, State of Texas My commission expires: STATE OF TEXAS ) COUNTY OF JEFFERSON ) This instrument was acknowledged before me on , 2014, by and of City of Port Arthur Section 4A Economic Development Corporation, a Texas public corporation, on behalf of said corporation. Notary Public, State of Texas My commission expires: AFTER RECORDING RETURN TO: City of Port Arthur Section 4A Economic Development Corporation 4173 9th Street Port Arthur, Texas 77640 3 FROM : C. L. DAUGHR I TY PHONE NO. : Feb. 05 2014 10: 56AM P6 .EXHIBIT 'A' Fita.No.: 1452149 -8TB9 (AO Proper Vacant Land, "E3efferson3 County", TX • LEGAL DESCRIPTION: 3.0501 ACRE TRACT OR PARCEL•OF LAND OUT OF AND PART OF LOTS B,7is.,p,.AN0.20# BLOCK 152 MAP OF PORT ARTHUR (ALSO KNOWN A5 CITY OF PORT ARTHUR) VOLUME 1, PAGES 7 -8 AND VOLUME 1, PAGE 50, MAP R:ECORDS•OUT OF AND PART QF LOYS. 1, 2, 4, 5, AND $ AND A 20 FOOT WIDE ALLEY F.D. MARRY SUBDIVISION VOLUME 3,. PAGE 187, MAP RECORDS JOSEPH BUTLER SURVEY, ABSTRACT NO, 9 PORT. ARTHUR, 3EFFERSON COUNTY, TEXAS. BEING•A1.D001 ACRE TRACY OR PARCEL OF LAND SITUATED IN THE 3OSEPH'BUTLER SURVEY, ABSTRACT NO. 9, JEFFERSON COUNTY, TEXAS AND.BFING OUT OF AND PART OF LOTS 6,7, 8, 9, AND 10, BLOCK 152, MAP OF PORT ARTHUR .(ALSO KNOWN AS CITY OF PORT ARTHUR), A SUBDIVISYON OF THE CITY OF PORT ARTHUR, JEFFERSON CO.tJNTY, TEXAS, ACCORDING TO THE: PLAT THEREOF RECORDED IN VOLUME'1, PAGES. 7 -8 AND VOLUME 1, • PAGE 50, MAP RECORD$, .IEFFERSON COUNTY, TEXAS AND.ALSO BEING OUT OF AND PART OF LOTS, 1, 2, 2, 4, S AND•8 AND A 20 FOOT WIDE ALLEY,.F.D. MABRY SUBDIVISION, A SUBDIVISION OF THE CITY•OF PORT ARTHUR, JEFFERSON COUNTY, TEXAS ACCORDING TO THE pLATTHEREOF RECORDED/El VOLUME 3, PAGE 87, MAP RECORDS, 3EFFERSON COUNTY., TEXAS AND BEING ALL' OF THOSE CERTAIN 3 TRACTS OF LAND BEINGCALLED A 62,858 SQUARE FOOT TRACT, A.37,513 SQUARE FOOT 'TRACT AND A 0.674 ACRE TRACT AS • DESCRIBED IN .A "SPECIAL WARRANTY REED" FROM .PORT ARTHUR SECTION 4A ECONOMIC DEVELOPMENT CORPORATION TO TRES CABALLEROS, LTD. AS..RECORDED IN CLERK'S FILE . NO. 202015247, OFFICIAL PUBLIC RECORDS OP REAL PROPERTY,.3EFFERSON COUNTY, • T£XAS•AND FURTHERMORE BEING ALL OF THOSE 3 CERTAIN TRACTS OF LAND BEING CALLED A.62,858 SQUARE .FOOTTRACT, A 37,513 SQUARE FOOT TRACT AND PART OF LOTS 7 MW 8, BLOCK 152 CITY OF PORT ARTHUR AS DESCRIBED IN A "SPECIALW LRRANTY DEED" FROM TRES CABALLEROS, LTD, TO PORT ARTHUR SECTION 4A ECONOMIC • DEVELOPMENT CORPORATION AS RECORDED IN CLIERK'S NO. 2004040959, OFFICIAL PUW.IC RECORDS 0F•REA.L PROPERTY, 3F.FFERSDN COUNTY, TEXAS, SAID 3.0001 ACRE TRACT BEING MORE. PARTICULARLY DESCRIBED AS FOLLOWS: • NOTE:. ALL BEARINGS AOEE BASED ON THE NORTHEASTERLY LINE OF THE SAID 62,858 SQUARE FOOT.PQRTARTHURSECTION 4A ECONOMIC DEVELOPMENT CORPORATION TRACT AS SOUTH. 48"47' 00" EAST AS RECORDED IN THE ABOVE REFERENCED CLERK'S FILE NO. 2004040959, OFFICIAL PUBLIC RECORDS OF REAL PROPERTY, 3EFFERSON COUNTY TEXAS. ALL SET 5/8" /RON RODS SET WITH A CAP STAMPED "MW WHITELEY & ASSOCIATES" BEGINNING. AT A 1/2" IRON ROD WITH A CAP STAMPED "A &C" FOUND FOR THE MOST NORTHERLY CORNER OF THE TRACT HEREIN DESCRIBED, SAID CORNER ALSOEEING THE MOST NORTHERLY CORNER OF THE SAID 62,858 SQUARE FOOT PORT ARTHUR SECTION 4A ECONOMIC DEVELOPMENT CORPORATION TRACT AND BEING INTERSECTION OP THE SOUTHWESTERLY RIGHT -OF-WAY LINE OF MOBILE AVENUE (BASED ON A WIDTH OF 50 FEET) AND THE SOUTHEASTERLY LINE OF A 20 FODT WIDE ALLEY IN THE SAID BLOCK 152; • • FROM : C. L. DAUGHR I TY PHONE NO. : Feb. 05 2014 10: 56AM P7 THENCE SOUTH 48 °47'00" EAST, ALONG AND WXTH THE SOUTHWESTERLY RIGHT -OF -WAY UNE OF MOBILE AVENUE, FORA DISTANCE OF 270.15 FEET TO A 112" IRON ROD WITH A CAP STAMPED "A&G" FOUND FOR CORNER, SAID CORNER BEING THE INTERSECTION OF THE SOUTHWESTERLY RIGHT -OF -WAY LINE OF MOBILE AVENUE AND THE NORTHWESTERLY RIGHT -OF -WAY LINE OF MUM URTH STREET (EASED ON A WIDTH OF. 80 FECE1), SAID CORNER ALSO BEING THE MOST EASTERLY CORNER OF THE SAID 6s2,258 SQUARE FOOT PORT ARTHU.R•SECCION•4A Ecoi'IOMIC DEVELOPMENT CORPORATION TRACT AND ALSO BEING THE E ;EGINNINC OF A cuRve TURNING TO THE RIGHT HAVING A RADIUS OF 1.105,92 FEET ANDBEING SUBTENDED BY A CHORD BEARING OF SOUTH 52 °38'O5" WEST HAVING A CHORD LENGTH OF 275.47 FEET; T EN41w SOUTHWESTERLY, ALONG AND Writ; SAID CURVE AN.D THE NORTHWESTERLY € G3 T =b . r-WAY LINE OF FOURTH STREET, PASSING AT AN. ARC LENGTH OF 261.58 FEE' A 1/2 IRON ROD IN CONCRETE FOUND FOR THE MOST 54UTHERLY CORNER OF TE•EE SAID 62,11ES SQUARE FOOT PORT ARTHUR SECTION 4A ECONOMXC DEVELOPMENT CORPORATION TRACT AND CONTINUING POR A TOTAL ARC LENGTH OF 276.19 FEET TO A "PK" NAII. SET FOR CORNER; THENCE:SOUTH 59 °49 CONTINUING ALONG AND WITH TNE.NORTHWESTERLY IRSGHT »Or'WAY LINE OF FOURTH STREET FOR A DISTANCE OF 7347 . FEETTO A SCRIBED "X" SET IN CONCRETE. FOR CORNER, SAID CORNER ALSO SEZ G THE BEGINNING OF A CURVE TURNING; TO THE LEFT HAVING A RADIUS OF 994.92 FEET AND BEING SUBTENDED BY A CHORD BEARING OF SOUTH 50 °18'29'` WEST HAVING A CHORD LENGTH OF 320.61 FEET; THENCE:SO.U3'HWES i"ERLY, ALONG AND WI'YH,S1¢ID CURVE AND THE NORTHWESTERLY RIGHT -OP -WAY LINE.OF•FOURTH STREET, PASSING AT AN.ARG' LENGTH OF 69.73 FEET A COOPERWEU MONUMENT FOUND FOR THE MOST EASTERLY CORNER OF THE SAID 37,513 SQUARE FOOT PORT ARTHUR SECTION 4A ECONOMIC DEVELOPMENT CORPORATION TRACT AND CONTINUING FOR A.TOTAL. AN ARC LENGTH OF 322.02 FEET TO.A 1/2" IRON ROD FOUND FOR CORNER, SAID CORNER I3EING THE MOST SOLUTHEIRLY'CORWER OF THE SAID 37,523 SQUARE FOOT PORT ARTHUR SECTION 4A ECONOMIC DEVELOPMENT CORPORATION TRACT AND BEING THE INTERSECTION OF THE NORTHWESTERLY RIGHT -OF -WAY LINE OF FOURTH STREET AND THE NORTHEASTERLY RIGHT -OF -WAY LINE OF SHRPORT AVENUE (BASED ON A WIDTH OF 70 FEET); THENCE. NORTH 48 °4700" WEST, ALONG AND 'WITH THE NORTHEASTERLY ERIGHT.OF -WAY LINE OF SHREVEPQRT AVENUE, FOR A DISTANCE OF 139.50 FEETTO A 5/8" IRON ROD SET FOR CORNER, SAID CORNER BEING THE MOST WES7ERLYCORNER OF THE SAID 37,513 SQUARE .FOOT PORT ARTHUR. SECSON 4A ECONOMIC: DEVELOPMENT NT CORPORATI.ON TRACT AND THE INTERSECTION OF THE NORTHEASTERLY RIGHT- OF -WAY LINE OF SHREVEPORT AVENUE AND THE SOUTHEASTERLY LINE OF A 20 FOOT WIDE ALLEY AN THE SAID BLOCK 152 AND FROM.SAZD CORNER A FOUND i/2 "'IRON ROD WITH A CAP STAMPED "A &G" FEARS SOUTH 52 °07'02 "'W.EST A b!STANCE OF 0.3.4 FEET; THENCE NORTH 41 EAST, ALONG AND WYTH THE SOUTHEASTERLY LINE OF A 20 E. FOOT WtDE.ALLEY IN THE SAID BLOCK 152„ FOR A DISTANCE OF 655.95 FEET TO THE POINT OF BEGYNNZNG AND CONTAINING 3.0001 ACRES, MORE OR LESS. • • • e FROM : C.L.DAUGHRITY PHONE NO. : Feb. 05 2014 10 :53RM P1 C. LYNN DAUGBRITY Attorney at Law 8700 9th Avenue, Suite 107 Port Arthur, TX 77642 -8069 Phone: (409) 722 - 8883 FACSIMILE TRANSMISSION COVER SHEET FEB 05 2014 DATE: NO.OF PGS (including cover sheet ): 7 To: t �If- r eaf COMPANY NAME: _ _ frog FAX NO: Y01/4. RE: J..a A w .00 ,: • Sender's name: Lynn Sender's fax #: X09 721 -9231 SPECIAL NOTE: NOTE: This facsimile contains • PRIVILEGED and CONFIDENTIAL information intended only for the specific individual or entity named above. If you or your employer are not the intended recipient of this facsimile or an employee or agent responsible for delivering it to the intended recipient, you are hereby notified that any unauthorized dissemination or copying of this facsimile or the information contained in it is strictly prohibited. If you have received this facsimile in error, please immediately notify the sender named above by telephone and return the original facsimile to us at the address on the letter head above via the U.S. Postal Service. Thank you. •