HomeMy WebLinkAboutRES 22-177a�-i.1WNirB&IhNm0 rri
BE IT RESOLA/EE) BY THE CITY COUNCIL
OF THE CITY OF BEAUMONT:
THAT the Interim City Manager be and he is hereby authorized to execute an
Addendum to the Sales Contract of 555 Main Street to remove the requirement that the
property be demolished_ The Addendum is substantially in the form attached hereto as
Exhibit "A" and made a part hereof for all purposes_
The meeting at which this resolution was approved was in all things conducted in
strict compliance with the Texas Open Meetings Act, Texas Government Code, Chapter
551.
PASSEE) BY THE CITY COUNCIL Of the City Of Beaumont this the 19th day of
July, 2022
iMayor Robin Mouton -
-�
ADDENDUM TO SALES CONTRACT FOR 555 MAIN STREET
The Sales Contract executed on July 29, 2021, is hereby modified as follows:
1. Article 10, the Buyer's information shall be amended to read:
To the Buyer: Attention: Chris Boone
With a Copy to: Sharae N. Reed
Email: Sharae.Reed (a,Beaumonttexas.gov
All other information shall remain the same.
2. Article 21 is deleted in its entirety and replaced with:
Buyer agrees to do the following:
21.1 Not use or allow the Property to be used for commercial office space. A small
portion of the Property may be used as a commercial leasing office if the Property
is used for a residential housing.
21.1.1 The deed to the Property shall be amended to include the following
language: "Buyer acknowledges and agrees that the Property shall be conveyed
subject to a deed restriction that provides the owner of the Property shall not
operate, sell, lease, or allow the operation, sale, or lease of the Property as or for a
Commercial Office Space from the recording of the deed (the "Use Restriction").
For purposes of the Use Restriction, a Commercial Office Space shall mean a
building that offers one or more rooms suited to a business performing office related
or administrative duties, including but not limited to, meeting clients or patients,
housing documentation, or scheduling appointments. The Use Restriction shall run
with and bind the title of the Property and Buyer shall incorporate the Use
Restriction by reference in any conveyance or leasehold estate of all or any portion
of the Property.
21.2 Develop and adopt a Downtown Security Enhancement Plan no later than
October 1, 2022.
21.3 Form an advisory committee empowered with the purpose of formulating a
long-term master plan for the revitalization of downtown Beaumont no later than
October 31, 2022.
This Addendum shall be incorporated into and deemed a part of the Sales Contract. No additional
modifications or alterations to the contract not expressly stated herein will be recognized as part of
the Sales Contract.
EXHIBIT "A"
SELLER:
555 Main Street, LLC
By:
Tom Flanagan
President
BUYER:
City of Beaumont
Date:
By: Date:
Chris Boone
Interim City Manager
ADDENDUM TO SALES CONTRACT FOR 555 MAIN STREET
The Sales Contract executed on July 29, 2021, is hereby modified as follows:
1. Article 10, the Buyer's information shall be amended to read:
To the Buyer: Attention: Chris Boone
With a Copy to: Sharae N. Reed
Email: Sharae.ReedgBeaumonttexas.gov
All other information shall remain the same.
2. Article 21 is deleted in its entirety and replaced with:
Buyer agrees to do the following:
21.1 Not use or allow the Property to be used for commercial office space. A small
portion of the Property may be used as a commercial leasing office if the Property
is used for a residential housing.
21.1.1 The deed to the Property shall be amended to include the following
language: Buyer acknowledges and agrees that the Property shall be conveyed
subject to a deed restriction that provides the owner of the Property shall not
operate, sell, lease, or allow the operation, sale, or lease of the Property as or for a
Commercial Office Space from the recording of the deed (the "Use Restriction").
For purposes of the Use Restriction, a Comunnercial Office Space shall mean a
building that offers one or more rooms suited to a business performing office related
or administrative duties, including but not limited to, meeting clients or patients,
housing documentation, or scheduling appointments. The Use Restriction shall run
with and bind the title of the Property and Buyer shall incorporate the Use
Restriction by reference in any conveyance or leasehold estate of all or any portion
of the Property.
21.2 Develop and adopt a Downtown Security Enhancement Plan no later than
October 1, 2022.
21.3 Form a committee empowered with the purpose of formulating a long-term
master plan for the revitalization of downtown Beaumont no later than October 1,
2022. The committee will be patterned after Central Houston Inc.
This Addendum shall be incorporated into and deemed a part of the Sales Contract. No additional
modifications or alterations to the contract not expressly stated herein will be recognized as part of
the Sales Contract.
SELLER:
555 Main Str C
By: �-•" Dater
Tom Flanagan
President
BUYER:
City of Beaumont
Date:
Chris Boone
Interim City Manager