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.
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