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HomeMy WebLinkAboutRES 94-171 i RESOLUTION NO. WHEREAS, an agreement has been negotiated for the acquisition of land for improvements to the Liberty-Laurel Corridor from Eleventh Street to Phelan Boulevard; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the purchase of the following land for improvements to the Liberty-Laurel Corridor from Eleventh Street to Phelan Boulevard be, and the same is hereby, approved: Parcel 113: 0.1863 acre tract of land being out of Lots 7 thru 12, Block 37 of Jarrett Addition (240 Interstate 10 North) Owners: Patrick Henry Phelan and Michael Arthur Phelan, Trustees Appraised Value: $320,000.00 (Partial Taking) Less Improvements: $ 908.00 Total Compensation: $3191092.00 Such purchase is however subject to the option set out in the "Right-of-Way Agreement" attached hereto as exhibit "A" and made a part hereof for all purposes. PASSED BY THE CITY COUNCIL of the City of Beaumont this the 1J41, day of Q"- , 1994. - Mayor - G . Uu. 94 03 : 05 PM F � L 1_ AMEEKONT rRO.M . LM4ItRnI -4 vTZ4 FrASES III PARCEL 1143 STEAM OF TE= 6 Cvviv i i Or JEFF,RS^viJ S "'w4"a• r t ti,e+..... ux i'P KX FAELNPi'as �1.�NZ rr.Tr+M4rr%lg w wig w rs-r.►T►rrs T♦TT`T A 11 R+'f1 T T r 1,117 .r- NI tnt..,'7'MJ5, of the County of Jefferson, State of Tam, bereltmaer MrIcd GIRAF3 i OKS, and the City or r*mumnTni, 1 Cs, acting cry and through its duly authorized Right-of-Way Agent, hereinafter called GRANTEE, witne:setti: CITY OF BRAUMONT esnd the GRANTORS above redted have reached an agreement whermin the MkANTORS are to c►ijvey to the MY OF B—SAMMt NT a rizht + +va�a w a rm s off way descrihcu ;u%- in a General Warranty steed to he executed by GRAINUIO.RIS, to which reference is hereby made for complete description, said rigbt-of way being briefly described as folly,wn: 0.1863 acre tract of land out of Lots 7 through 12,Block 37,Jarrett Addition. ii f v3]5"eratior, and COTti'tl'WDS Of ri9Yeeftlents are#Billy fisted stated. Subject to the terms and conditions of the option descrlt ed herein the C11 X Olt' 13t�'A111 ONT will pay GRANTORS as £Qllaws: rg320, M.00 less $ far improvwnetts retained;. f TLh�pr4. L1pe;TeS to Ft'tAir: the fr�llc�urin�rr improvements: 1 v RE t �l i l���i Y s'�LL•{1L A. Restaurant i3waing $ 900.00 B. Concrete Walks, Pails $ 1.00 and Pavement C. Business Sign . t/- D. Floodlight S I,OiI . Landscaping g 1.00 GRANTOR d s not wish to retain any jmproverl"Itnts. 1 EXHIBIT "A" U I U b ft L1 J U J 1=lfl �; 1 U J Al. 1• •mow A u�ila a�iu �uwca ;el11.1�r a.u'rf�+Zit ot'i deiuJq uerit)'iT►u!be d��E:w`-Yd_ it is further agreed that the terms of agreement herein stated are in cmnfduratfon of the delivery to the Cl'I'Y OF DEAUMflN? of a valid cenve;*,st?ce of all Tipp htsi title and intere-otR described in the+ General Warranty Deed from GRANTORS to the GTT-,,r 01w BEAUMOYM 0MOIN CRAZ''MR'S dcsirc to have an option to trade a poWon of the vguo of tii�iigl�t crf- *-ay to be convcyeu to the CRANU M for adjoining properties whfrh may btu acquired by the GIcAN LAC in connection with the Iaaeerty-L.aurei Frfljc;eL landing acquisition by tine CYRANTS E✓ of such adjoining property, URANTORS agree tlwt the tatai consideration ror the .1863 acre tract as described above may be paid into an interest bearing escrow amount. ?; h contemplated by the parties thsit the-. parties wi"n enter into an escrow 1%mment ecncernirg the payment of such consideration,. Yf .1 C la w 7*E Li Cili 7 I 1\ •new �•..wf f i 'f 1 A5 1J Lilt +J 1111L�1iL/. dZ%t�IIJrE:s frig er11ii �.UC�rtMJ 11rM L� ►t � race `pai�rcci no, 11YI and the NeyiSzanr Tract pareei no. 115'' GRANUOR6 ne+'�l to -purchase me Oortion of such tracts not needed for right-of-way purposes(apprordmataly.086 acres ftrr parcel ina.114C>rr;},a; rand _17�2x2Aacres for parcel no. 115) at the appraised square font value established by Edwin'-/�l"� Terry, IYl ALL fang n.., such malmw�e t 8=8*i $A 90 pa w"aw i'et f b SUCH V8Yi1C shall � be c-pplied as a credit to the consideration held in cscrow. At Grantor's sole discretion, Grantor cdn rescind this option and demand payment of escrow amount. r€;:,..;�,�IN71 F H,s unable to acquire the entfretl of both parcel no. 1 I4 and parcel no. i iI hits option ShnP be.xwU and r o0d iIi the c=idei$tiun held in l:+C cw -I - interest U iuty, email be paid to GRr NI EFS, iii5 nGREEiviEiv T IS S 3S7EC% HOWEVER, TO i APPROVAL OF THE COUNCIL Ur C2� Cli Y OF BEAiJivIC3MI. �`AL.�L. TERILS ,Ft►ND CQI+N01TIONS OF A{.fRL"ibMENT AK6 .E i.JLLY STA i RD .!MREiti AIV' iif0 li BAL,AGREEMp1�1,S ARE A li 110RIZZEu. EXnCU=.L1 this _ dad' of ���!, 1� . 1994. YJbITRiti:)!L tit;trFR'"" R1L'l.igllY, 7VUST _ 11r' ,-- E;, FHEL,� N-f t ==rY OF BEAUMONT s_. "y -- Gladys v. A Ai le , neat Proper ly.Manager n L SUBJECT LIBERTY-LAUREL III PROJECT DUR D CR ST PARCEL 113 BRE T D L SIANA Z ,~i, G AnrS LOTS 7 THROUGH 12 U W E ALON BLOCK 37 A LEr N °' ONE JARRETT ADDITION Z AR ISON AZ 0 HARRISON = x HAZE r f � OWNER: Ncv DIN LnER PATRICK HENRY PHELAN AND R BROA WAY MICHAEL ARTHUR PHELAN Bao nvA f u Perlsteln MR Y L ERTY 4 Pork LI T TRUSTEES L SOUTH m PARTIAL TAKING LEGEND C D lE B A A RUSK E SE W CED SUBJECT PROPERTY BRIST nm OR L❑CATI❑N MAP N.T.S. H co-----=------------------� to L------------ iIBZAfF .4 vrA► Ur ` ;.. �• sI.0ll• a1w fit, - , i . .<.i.'F. I;:w,'w�iN::.,q'f,F} }i.'a'�'..M,.wr„"T',A;f:;:U; • —�� — — 1 .8 �« `::::::::::; :.i ®� ►, ® y $ •—� N.T.S. ssrs,• i� ,a.+.sr so.ao• '—,fir-- ;"„�+' `.1- ` ��f• O srrs,a!r ssss,rori w 1 i:' w s gg *- 0. M4NDER BN�MAMrDIR R FANgygER rt I _• ACRES R GQQt AC .0.1722 ACRES ; 1 a""W