HomeMy WebLinkAboutRES 15-227RESOLUTION NO. 15-227
BE IT RESOLVED BY THE CITY COUNCIL
OF THE CITY OF.BEAUMONT:
THAT the City Manager be and he is hereby authorized to execute an Earnest Money
Contract with Dingo Realty, LLC for the sale of a vacant 1.104 acre strip of land located
.between Smart Street and West Cedar Street. The contract is substantially in the form
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 13th day of
October, 2015.
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TFXAs AssOCIATION OF REALToRs@
COMMERCIAL CONTRACT - UNIMPROVED PROPERTY
USE OF THIS FORM BY PERSONS WHO ARE NOTMEWERS OF THE TEWASSOCIATION OF FIFALTORSOISIXIOTAWHORVED.
QTexas Assootallon of REALT0119% lno.20U
I. PARTIES: Seller agrees to sell and convey to Buyer the Property described in Paragraph 2. Buyer agrees
to buy the Property from Seller for the sales price stated in Paragraph 3. The parties to this contract are:
Seller: city of Beaumont
Address: 801 North Main Street-, Beaumont TX 77701
Phone: E-mail:
Fax: Other:
Buyer; DincTo Realty, LLC
Address: P.O. Box 12.400, Beaumont, TX 77726
Phone: f40.9)839-4428 E-mail: ml958mark@aol.com
Fax, (409)832-4344 Other:
2. PROPERTY:
A. "Property" means that real property situated in T-474 -- County, Texas at
1.104 AC an West cedar
(address) and that is legally described on the attached Exhibit .k or as follows:
B, Seller will sell and convey the Property together with:
(1) all rights, privileges, and appurtenances pertaining to the Property, including Seller's right, title, and
interest in any minerals, utilities, adjacent streets, alleys, strips, gores, and rights-of-way;
(2) Seller's Interest in all leases, rents, and security deposits for all or part of the Property; and
(3) Seller's interest in all licenses and permits related to the Property.
(Describe any exceptions, reservations, or restrictions In Paragraph 12 or an addendum.)
(If mineral rights are to be reserved an appropriate addendum should be attached.) ,
A. At 'or before closing, Buyer will pay the following sales price for the Property:
(1) Cash portion payable by Buyer at closing ........................ I . $ 30,000.00
(2) Sum of all financing described in Paragraph 4. . . . . , , .............. .. $
(3) Sales price (sum of 3A(l) and 3A(2)) ............................. $ __ 30,000.00
(TAR -1802) 4-1-14 Initialed for Identification by Seiler _,
NAI Wheeler, 470 Orleans Street, 12th Floor Bcatimont, TX 77701
Phone: 409-899-3300 ' Fax:409-899-3301 Erica Goss
and Buyer� IV, i Page 1 of 13
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B. Adiustment to Sales Price: (Check (1) or (2) only.)
M (1) The sales price will not be adjusted based on a survey.
0 (2) The sales price will be adjusted based on the latest survey obtained under Paragraph 6B.
W,
The sales price is calculated on the basis of $ —
(I) square foot of 0 total area Q net area.
(I!) acre of 0 total area El not area.
; per;
(b) "Total area" means all land area within the perimeter boundaries of the Property. "Net area"
means total area less any area of the Property within:
Q (1) public roadways;
I] (ii) rights-of-way and easements other than those that directly provide utility services to the
Property; and
F1 (ill)
(c) If the sales price is adjusted by more than % of the stated sales price, either party
may terminate this contract by providing written notice to the other party within — days
after the terminating party receives the survey. If neither party terminates this contract or if the
variance is less than the stated percentage, the adjustment to the sales price will be made to the
cash portion of the sales price payable by Buyer.
4. FINANCING: Buyer will finance the portion of the sales price under Paragraph 3A(2) as follows:
0 A. Third Party Financing: one or more third party loans in the total amount of $
This contract:
0 (1) is not contingent upon Buyer obtaining third party financing.
0 (2) is contingent upon Buyer obtaining third party financing in accordance with the attached
Commercial Contract Financing Addendum (TAR -1931).
0 B. Assum : In accordance with the attached Commercial Contract Financing Addendum (TAR -1931),
Buyer will assume the existing promissory note secured by theProperty, which balance at closing will
be $
0 C. Seller Financing:
of the attached
5. EARNEST MONEY;
The delivery of a promissory note and deed of trust, to Seller under the terms
Commercial Contract Financing Addendum (TAR -1931) in the amount of
A. Not later than 3 days after the effective date, Buyer must deposit $ 1.000.00 as earnest money
with Texas Regional Title Company(title company)
at 3195 Dowlen Rd. Ste 108, Beaumont.
TX (address) molly mallet (closer).
If Buyer fails to timely deposit the earnest money, Seller may terminate this contract or exercise any of
Seller's other remedies under Paragraph 15 by providing written notice to Buyer before Buyer deposits
the earnest money.
B, Buyer will deposit an additional amount of $ with the title company to be made
part of the earnest money on or before:
0 (i) — days after Buyer's right to terminate under Paragraph 7B ,expires, or
Buyer will be in default if Buyer falls to deposit the additional amount required by this Paragraph 5B
within 3 days after Seller notifies Buyer that Buyer has not timely deposited the additional amount.
(TAR -1802) 4-1-14 Initialed for Identification by Seller and Buyer—e, Page 2 of 13
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C, Buyer may instruct the title company to deposit the earnest money In an, interest-bearing account at a
federally insured financial institution and to credit any interest to Buyer.
6. TITLE POLICY AND SURVEY:
A. Title Policy:
(1) Seller, at Seller's expense, will furnish Buyer an Owner's Policy of Title Insurance (the title policy)
issued by any underwriter of the title company in the amount of the sales price, dated at or after
closing, insuring Buyer against loss under the title policy, subject only to:
(a) those title exceptions permitted by this contract or as may be approved by Buyer in writing; and
(b) the standard printed exceptions contained in the promulgated form of title policy unless this
contract provides otherwise.
(2) The standard printed exception :as to discrepancies, conflicts, or shortages in area and boundary
lines, or any encroachments or protrusions, or any overlapping improvements:
IM (a) will not be amended or deleted from the title policy.
❑ (b) will be amended to read "shortages in areas" at the expense of ❑ Buyer ❑ Seller.
(3).Within days after the effective date, Seller will furnish Buyer a commitment for title insurance
(the commitment) including legible copies of recorded documents evidencing title exceptions. Seller
authorizes the title company to defiver the commitment and related documents to Buyer at Buyer's
address.
B. Survey: Within 30 days after the effective date:
Seller Seller's
(1) -will obtain a survey of the Property at Suyef�s-expense and deliver a copy of the survey to
Buyer. The survey must be made in accordance with the: (i) ALTA/ACSM Land Title Survey
standards, or (fl) Texas SocietyLerrofessional Su , ors'standards for a Category 1A survey
under the appropriate condition.will reimburse $1, 950.00 (insert
mount) of the cost of the survey t closin if closing occurs.
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❑ 2) Seller, at Sefler's expense, will furnisl�i Buyer a survey of the Property dated after the effective date.
The survey must be made in accordance with the: (I) ALTA/ACSM Land Title Survey standards, or
(ii) Texas Society of Professional Surveyors' standards for a Category 1A survey under the
appropriate condition.
❑ (3) Seller will deliver to Buyer and the title company a true and correct copy of Seller's most recent
survey of the Property along with an affidavit required by the title company for approval of the
existing survey. If the existing survey is not acceptable to the title company, Seller, at Seller's
expense, will obtain a new or updated survey acceptable to the title company and deliver the
acceptable survey to Buyer and the title company within 20 days after Seller receives notice that the
existing survey is not acceptable to the title company. The closing date will be extended daily up to
20 days if necessary for Seller to deliver an acceptable survey within the time required. Buyer will
reimburse Seller (insert amount) of the cost of the new or updated survey
at closing, if closing occurs.
C. Buyer's Objections to the Commitment and Survey:
(1) Within 5 days after Buyer receives the commitment, copies of the documents evidencing the
title exceptions, and any required survey, Buyer may object in writing to matters disclosed in the
items if: (a) the matters disclosed are a restriction upon the Property or constitute a defect or
encumbrance to title other than those permitted by this contract or liens that Seller will satisfy at
closing or Buyer will assume at closing; or (b) the items show that any part of the Property lies in a
(TAR -1802) 4-1-14 Initialed for Identification by Seller and BuyerT, Page 3 of 13
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special flood hazard area (an "N' or "W zone as defined by FEMA}, If Paragraph 66(1) applies,
Buyer is deemed to receive the survey on the earlier of: (1) the date of Buyer's actual receipt of the
survey; or (ii) of the deadline specified in Paragraph 6B.
(2) Seller may, but is not obligated to, cure Buyer's ti * mely objections within 15 days after Seller receives
the objections. The closing date will be extended as necessary to provide such time to cure the
objections. If Seller fails to cure the objections by the time required,
d, Buyer may terminate this
contract by providing written notice to Seller within 5 days after the time by which Seller must cure
the objections. If Buyer terminates, the earnest money, less any independent consideration under
Paragraph 713(1), will be refunded to Buyer.
(3) Buyer's failure to timely object or terminate under this Paragraph 6C is a waiver of Buyer's right to
object except that Buyer will not waive the requirements in Schedule C of the commitment.
7. PROPERTY CONDITION,
A. Present Condition: Buyer accepts the Property in its present condition except that Seller, at Seller's
expense, will complete the following before closing:
B. Feasibility Period: Buyer may terminate this contract for any reason within 30 — days after the
effective date (feasibility period) by providing Seller written notice of termination. (Check only one box.)
IM (1) If Buyer terminates under this Paragraph 7B, the earnest money will be refunded to Buyer less
$ 1 000-00 --- that Seller will retain as independent consideration for Buyer's unrestricted
right to terminate. Buyer has tendered the independent consideration to Seller upon payment of the
amount specified in Paragraph 5A to the title company. The independent consideration is to be
credited to the sales price only upon closing of the sale, if no dollar amount Is stated in this
. -- .. ... I .. . I I - .1 --- A — --- -1— --X L--..- 4t—
Q (2) Not later than 3 days after the effective date, Buyer must pay Seller $ as
independent consideration for Buyer's right to terminate by tendering such amount to Seller or
Seller's agent. If Buyer terminates under this Paragraph 7B, the earnest money will be refunded to
Buyer and Seller will retain the independent consideration. The independent consideration will be
credited to the sales price only upon closing of the sale. If no dollar amount is stated in this
C. Inspections., Studies, or Assessments:
(1) During the feasibility period, Buyer, at Buyer's expense, may complete, or cause to be completed
any and all inspections, studies, or assessments of the Property (including all improvements and
fixtures) desired by Buyer.
(2) Buyer must:
(a) employ only trained and qualified Inspectors and assessors;
(b) notify Seller, in advance, of when the inspectors or assessors will be on the Property;
(c) abide by any reasonable entry rules or requirements of Seller;
(d) not interfere with existing operations or occupants of the Property; and
(e) restore the Property to its original condition if altered due to'; Inspections, studies, or
assessments that Buyer completes or causes to be complete
(TARA802) 4-1-14 Initialed for Identification by Seller —, — and BuyerV1,7— Page 4 of 13
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(3) Except for those matters that arise from the negligence of Selleri or Seller's agents, Buyer is
responsible for any claim, liability, encumbrance, cause of action, and expense resulting from
Buyer's inspections, studies, or assessments, including any property damage or personal injury.
Buyer will indemnify, hold harmless, and defend Seller and Selle'r's agents against any claim
involving a matter for which Buyer is responsible under this paragraph. This paragraph survives
termination of this contract.
D. Pro peLtyInformation.
(1) Dellve[y of Property fnformatio : Within N/A days after the effective date, Seller will deliver to
Buyer: (Check aft that apply.)
0 (a) copies of all current leases pertaining to the Property, including any modifications, supplements,
or amendments to the leases',
0 (b) copies of all notes and deeds of trust against the Property that Buyer will assume or that Seller
will not pay In full an or before closing;
0 (c) copies of all previous environmental assessments, geotechnical reports, studies, or analyses
made on or relating to the Property;
0 (d) copies property tax statements for the Property for the previous 2 calendar years;
0 (e) plats of the Property;
0 (f) copies of current utility capacity letters from the Property's water and sewer service provider;
and
❑ (g)
(2) Return of -Property Information: If this contract terminates for any reason, Buyer will, not later than
10 days after the termination date: (Check a// that apply.)
0 (a) return to Seller all those items described in Paragraph 7D(1) that Seller delivered to Buyer in
other than an electronic format and all copies that Buyer made of those items;
0 (b) delete or destroy all electronic versions of those items described in Paragraph 7D(1) that Seller
delivered to Buyer or Buyer copied; and
0 (c) deliver copies of all inspection and assessment reports related to the Property that Buyer
completed or caused to be completed.
This Paragraph 7D(2) survives termination of this contract.
E. Contracts Affecting 0-perations: Until closing, Seller: (1) will operate the Property in the same manner as
on the effective date under reasonably prudent business standards; and (2) will not transfer or dispose
of any part of the Property, any interest or right in the Property, or any of the personal property or other
items described in Paragraph 2B or sold under this contract. After the feasibility period ends, Seller may
not enter into, amend, or terminate any other contract that affects the operations of the Property without
Buyer's written approval.
8. LEASES:
A. Each written lease Seller is to assign to Buyer under this contract must'be in full force and effect
according to its terms. Seller may not enter into any new lease, fall to comply with any existing lease, or
make any amendment or modification to any existing lease without Buyer's written consent. Seller must
disclose, in writing, if any of the following exist at the time Seller provides the leases to the Buyer or
subsequently occur before closing:
(1) any failure by Seller to comply with Seller's obligations under the leases;
(2) any circumstances underany lease that entitle the tenant to terminate the lease or seek any offsets
or damages;
(3) any advance sums paid by a tenant under any lease;
TAR -'1802 4-1-14 Initialed for Identification by Seller — — and Buyer Page 5 of 13
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(4) any concessions, bonuses, free rents, rebates, brokerage commissions, or other matters that affect
any lease; and
(5) any amounts payable under the leases that have been assigned or encumbered, except as security
for loan(s) assumed or taken subject to under this contract.
B. Estoppel Certificates: Within NIA days after the effective date, Seller will deliver to Buyer estoppel
certificates signed not earlier than N/A by each tenant that leases space
in the Property. The estoppel certificates must include the certifications contained in the current version
of TAR Form 1938 -- Commercial Tenant Estoppel Certificate and any additional information requested
by a third party lender providing financing under Paragraph 4 if the third party lender requests such
additional information at least 10 days prior to the earliest date that Seller may deliver the signed
estoppel certificates.
9. BROKERS:
A. The brokers to this sale are:
Principal Broker: KenWheel, Inc. dba NAI Cooperating Broker:
Wheeler
Agent: Lee Y. Wheeler, TTI Agent:
Address: 470 Orleans Street, 12th FL Address:
Beaumont, TX 77701
Phone & Fax: (409) 899-3300 (409) 899_330] Phone & l=ax:
E-mail: LWheelerMlWheeler. com E-mail:
License No.: 579943 License No.:
Principal Broker: (Check only one box) Cooperating Broker represents Buyer.
0 'represents Seller only.
❑ represents Buyer only.
❑ is an intermediary between Seller and Buyer.
B. Fees: (Check only (1) or (2) below.)
(Complete the Agreement Between Brokers on page 13 only if (1) is selected)
❑ (1) Seller will pay Principal Broker the fee specified by separate written commission agreement
between Principal Broker and Seller. Principal Broker will pay Cooperating Broker the fee specified
in the Agreement Between Brokers found below the parties' signatures to this contract.
M (2) At the closing of this sale, Seller will pay:
Principal Broker a total cash fee of:
M 3.000 %o of the sales price.
Cooperating Broker a total cash fee of:
❑ % of the sales price.
The cash fees will be paid in Jefferson Courity, Texas. Seller authorizes
the title company to pay the brokers from the Seller's proceeds at closing;
NOTICE., Chapter 62, Texas Property Code, authorizes a broker to secure an earned commission
with a lien against the Property.
C. The parties may not amend this Paragraph 9 without the written consent o Ahe brokers affected by the
amendment.
(TAR -1802) 4-1-14 Initialed for Identification by Seller and Buyer Page 6 of 13
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10. CLOSING.-.
A. The date of the closing of the sale (closing date) will be on or before the later of:
(1) W 7 days after the expiration of the feasibility period.
0 (specfffe date).
EJ
(2) 7 days after objections made under Paragraph 6C have been cured or;waived
B. If either party falls to close by the closing date, the non -defaulting party may exercise the remedies in
Paragraph 15.
C. At closing, Seller will execute and deliver, at Seller's expense, a ❑ 'general 0 special warranty
deed. The deed must include a vendor's lien if any part of the sales price is financed. The deed must
convey good and indefeasible title to the Property and show no exceptions other than those permitted
under Paragraph 6 or other provisions of this contract. Seller must convey the Property:
(1) with no liens, assessments, or other security interests against the Property which will not be
satisfied out of the sales price, unless securing loans Buyer assumes;
(2) without any assumed loans in default; and
(3) with no persons in possession of any part of the Property as lessees, tenants at sufferance, or
trespassers except tenants under the written leases assigned to Buyer under this contract.
D. At closing, Seller, at Seller's expense, will also deliver to Buyer:
(1) tax statements showing no delinquent taxes on the Property;
(2) an assignment of all leases to or on the Property;
(3) to the extent assignable, an assignment to Buyer of any licenses and permits related to the
Property;
(4) evidence that the person executing this contract is legally capable and authorized to bind Seller;
(5) an affidavit acceptable to the title company stating that Seller is not a foreign person or, if Seller is a
foreign person, a written authorization for the title company to: (1) withhold from Seller's proceeds an
amount sufficient to comply applicable tax law; and (fi) deliver the amount to the Internal Revenue
Service (IRS) together with appropriate tax forms; and
(6) any notices, statements, certificates, affidavits, releases, and other documents required by this
contract, the commitment, or law necessary for the closing of the sale and issuance of the title
policy, all of which must be completed by Seller as. necessary.
E. At closing, Buyer will:
(1) pay the sales price in good funds acceptable to the title company;
(2) deliver evidence that the person executing this contract is legally capable and authorized to bind
Buyer;
(3) sign and send to each tenant in a lease for any part of the Property a written statement that:
(a) acknowledges Buyer has received and is responsible for the tenant's security deposit; and
(b) specifies the exact dollar amount of the security deposit;
(4) sign an assumption of all leases then in effect; and
(5) execute and deliver any notices, statements, certificates, or other documents required by this
contract or taw necessary to close the sale.
F. Unless the parties agree otherwise, the closing documents will be as found in the basic forms in the
current edition of the State Bar of Texas Real Estate Forms Manual without any additional clauses.
11, POSSESSION: Seller will deliver possession of the Property to Buyer upon closing and funding of this sale
in its present condition with any repairs Seller is obligated to complete under this contract, ordinary wear
and tear excepted. Any possession by Buyer before closing or by Seller after closing that is not authorized
by a separate written lease agreement is a landlord -tenant at sufferance relationship between the parties.
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12. SPECIAL PROVISIONS: The following special provisions apply and will control in the event of a conflict
with other provisions of this contract. (!f special provisions are contained i,n an Addendum, identify the
Addendum here and reference the Addendum in Paragraph 22D.)
Seller will obtain an appraisal of the Property at Seller's expense and deliver
a copy of the appraisal to Buyer. Buyer will reimburse Seller $1,400.00 of the
cost of the appraisal at closing, if closing occurs.
13. SALES EXPENSES:
A. Seller's Expenses: Seller will pay for the following at or before closing:
(1) releases of existing liens, other than those liens assumed by Buyer, including prepayment penalties
and recording fees,
(2) release of Seller's loan liability, if applicable;
(3) tax statements or certificates;
(4) preparation of the deed;
(5) one-half of any escrow fee;
(6) costs to record any documents to cure title objections that Seller must cure; and
(7) other expenses that Seller will pay under other provisions of this contract.
B. Buyer's Expenses: Buyer will pay for the following at or before closing:
(1) all loan expenses and fees;
(2) preparation of any deed of trust;
(3) recording fees for the deed and any deed of trust;
(4) premiums for flood insurance as may be required by Buyer's lender;
(5) one-half of any escrow fee; -
(6) other expenses that Buyer will pay under other provisions of this contract.
14. PRORATIONS:
A. Prorations:
(1) Interest on any assumed loan, taxes, rents, and any expense reimbursements from tenants will be
prorated through the closing date.
(2) If the amount of ad valorem taxes for the year in which the sale closes is not available on the closing
date, taxes will be prorated on the basis of taxes assessed in the previous year. If the taxes for the
year in which the sale closes vary from the amount prorated at closing, the parties will adjust the
prorations when the tax statements for the year in which the sale closes become available. This
Paragraph 14A(2) survives closing.
(3) If Buyer assumes a loan or is taking the Property subject to an existing lien, Seller will transfer all
reserve deposits held by the lender for the payment of taxes, insurance premiums, and other
charges to Buyer at closing and Buyer will reimburse such amounts to Seller by an appropriate
adjustment at closing.
B. Rollback Taxes: If Seller changes the use of the Property before closing ;or if a denial of a special
valuation on the Property claimed by Seller results in the assessment of additional taxes, penalties, or
interest (assessments) for periods before closing, the assessments will be the obligation of the Seller. If
this sale or Buyer's use of the Property after closing results in additional assessments for periods before
closing, the assessments will be the obligation of Buyer. This Paragraph 14B survives closing. .
C. Rent and Security Deposits: At closing, Seller will tender to Buyer all security, deposits and the following
advance payments received by Seller for periods after closing: prepaid expenses, advance rental
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payments, and other advance payments paid by tenants. Rents prorated to one party but received by the
other party will be remitted by the recipient to the party to whom it was prorated within 5 days after the rent
is received. This Paragraph 140 survives closing.
15. DEFAULT:
A. If Buyer fails to comply with this contract, Buyer is in default and Seller, as Seller's sole remedy(ies),
may terminate this contract and receive the earnest money, as liquidated damages for Buyer's failure
except for any damages resulting from Buyer's inspections, studies or assessments in accordance with
Paragraph 7C(3) which Seller may pursue; or
(Check if applicable)
0 enforce specific performance, or seek such other relief as may be provided by law.
B. If, without fault, Seller is unable within the time allowed to deliver the estoppel certificates, survey or the
commitment, Buyer may:
(1) terminate this contract and receive the earnest money, less any independent consideration under
Paragraph 7B(1),. as liquidated damages and as Buyer's sole remedy; or
(2) extend the time for performance up to 15 days and the closing will be extended as necessary.
C. Except as provided in Paragraph 15B, if Seller fails to comply with this contract, Seller is in default and
Buyer may:
(1) terminate this contract and receive the earnest money, less any independent consideration under
Paragraph 7B(1), as liquidated damages and as Buyer's sole remedy; or
(2) enforce specific performance, as Buyer's
' sole remedy.
16. CONDEMNATION. If before closing, condemnation proceedings are commenced against any part of the
Property, Buyer may:
A. terminate this contract by providing written notice to Seller within 15 days after Buyer is advised of the
condemnation proceedings and the earnest money, less any independent consideration paid under
Paragraph 7B(1), will be refunded to Buyer; or
B. appear and defend in the condemnation proceedings and any award will, at Buyer's election, belong to:
(1) Seller and -the sales. price will be reduced by the same amount; or
(2) Buyer and the sales price will not be reduced.
18. ESCROW:
A. At closing, the earnest money will be applied first to any cash down payment, then to Buyer's closing
.costs, and any excess will be refunded to Buyer. If no closing occurs, the, title company may require
payment of unpaid expenses incurred on behalf of the parties and a written release of liability of the title
company from all parties.
B. If one party makes written demand for the earnest money, the title company will give notice of the
demand by providing to the other party a copy of the demand. If the title company does not receive
written objection to the demand from the other party within 15 days after the date the title company sent
the demand to the other party, the title company may disburse the earnest money to the party making
demand, reduced by the amount of unpaid expenses incurred on behalf of the party receiving the
earnest money and the title company may pay the same to the creditors.
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C. The title company will deduct any independent consideration under Paragraph 7B(1) before disbursing
any earnest money to Buyer and will pay the independent consideration to Seller.
D. If the title company complies with this Paragraph 18, each party hereby releases the title company from
all claims related to the disbursal of the earnest money.
E. Notices under this Paragraph 18 must be sent by certified mail, return receipt requested. Notices to the
title company are effective upon receipt by the title company.
F. Any party who wrongfully fails or refuses to sign a release acceptable to the title company within 7 days
after receipt of the request will be liable to the other party for liquidated damages in an amount equal to
the sum of: (i) three times the amount of the earnest money; (ii) the earnest money; (iii) reasonable
attorney's fees; and (Iv) all costs of suit.
G. 0 Seller EJ Buyer intend(s) to complete this transaction as a part of an exchange of like -kind properties
in accordance with Section 1031 of the Internal Revenue Code, as amended. All expenses in
connection with the contemplated exchange will be paid by the exchanging party. The other party will
not incur any expense or liability with respect to the exchange. The parties agree to cooperate fully and
in good faith to arrange and consummate the exchange so as to comply to the maximum extent feasible
with the provisions of Section 1031 of the Internal Revenue Code. The other provisions of this contract
will not be affected in the event the contemplated exchange fails to occur.
lt'fEM ll��l�LLYI�\Y rsi<�S.•J� st�lnll�]>n1\ � � �Y! _ _ _ �
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20. NOTICES: All notices between the parties under this contract must be in writing and are effective when
hand -delivered, mailed by certified mail return receipt requested, or sent by facsimile transmission to the
parties addresses or facsimile numbers stated in Paragraph 1. The parties will send copies of any notices
to the broker representing the party to whom the notices are sent.
Ct A, Seller also consents to receive any notices by e-mail at Seller's e-mail address stated in Paragraph 1.
0 B. Buyer also consents to-r�-e�ceive any notices by e-mail at Buyer's e-mail address stated in Paragraph
,1 .. }
21 DISPUTE Ri SOLLIT1O%�e--a rhes agree —te—negotiate in good faith, In—an offeFt to r nnW—a�is.7'pute-
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(TAR -1802) 4-1-14 initialed for Identification by Seller and Buyer Page 10 of 13
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20. NOTICES: All notices between the parties under this contract must be in writing and are effective when
hand -delivered, mailed by certified mail return receipt requested, or sent by facsimile transmission to the
parties addresses or facsimile numbers stated in Paragraph 1. The parties will send copies of any notices
to the broker representing the party to whom the notices are sent.
Ct A, Seller also consents to receive any notices by e-mail at Seller's e-mail address stated in Paragraph 1.
0 B. Buyer also consents to-r�-e�ceive any notices by e-mail at Buyer's e-mail address stated in Paragraph
,1 .. }
21 DISPUTE Ri SOLLIT1O%�e--a rhes agree —te—negotiate in good faith, In—an offeFt to r nnW—a�is.7'pute-
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(TAR -1802) 4-1-14 initialed for Identification by Seller and Buyer Page 10 of 13
Produced with;dpForm9 by zipLogix 18070 Fifteen Milo Road, Fraser, Michigan 48026 www.zipLookrom 1.104 AC on W.
Commercial Contract - Unimproved Property concerning 1.104 AC on West Cedar
22. AGREEMENT OF THE PARTIES:
A. This contract is binding on the parties, their heirs, executors, representatives, successors, and
permitted assigns. This contract is to be construed in accordance with the laws of the State of Texas. If
any term or condition of this contract shall be held to be invalid or unenforceable, the remainder of this
contract shall not be affected thereby.
B. This contract contains the entire agreement of the parties and may not be changed except in writing.
C. if this contract is executed in a number of identical counterparts, each counterpart is an original and all
counterparts, collectively, constitute one agreement.
Addenda which are part of this contract are: (Check all that apply.)
(1) Property Description Exhibit identified in Paragraph 2;
(2) Commercial Contract Financing Addendum (TAR -1931);
(3) Commercial Property Condition Statement (TAR -1408);
(4) Commercial Contract Addendum for Special Provisions (TAR -1940);
(5) Notice to Purchaser of Real Property in a Water District (MUD);
(6) Addendum for Coastal Area Property (TAR -1915);
(7) Addendum for Property Located Seaward of the Gulf Intracoastal Waterway (TAR -1916);
(8) Information About Brokerage Services (TAR -2501); and
9
(Note. Counsel for the Texas Association of REAL TORSO (TAR) has determined that any of the foregoing addenda which are promulgated by
the Texas Real Estate Commission (TREC) or published by TAR are appropriate for use with this form.)
E. Buyer ❑ may 0 may not assign this contract. If Buyer assigns this contract, Buyer will be relieved
of any future liability under this contract only if the assignee assumes, in writing, all obligations and
liability of Buyer under this contract.
23. TIME: Time is of the essence in this contract. The parties require strict compliance with the times for
performance. If the Iasi day to perform under a provision of this contract falls on a Saturday, Sunday, or
legal holiday, the time for performance is extended until the end of the next day which is not a Saturday,
Sunday, or legal holiday.
24. EFFECTIVE DATE: The effective date of this contract for the purpose of performance of all obligations is
the date the title company receipts this contract after all parties execute this contract.
25. ADDITIONAL NOTICES:
A. Buyer should have an abstract covering the Property examined by an attorney of Buyer's selection, or
Buyer should be furnished with or obtain a title policy.
B. If the Property is situated in a utility or other statutorily created district providing water, sewer, drainage,
or flood control facilities and services, Chapter 49, Texas Water Code, requires Seller to deliver and
Buyer to sign the statutory notice relating to the tax rate, bonded indebtedness, or standby fees of the
district before final execution of this contract.
C. Notice Required by §13.257, Water Code: "The real property, described below, that you are about to
purchase may be located in 'a certificated water or sewer service area, which is authorized by law to
provide water or sewer service to the properties in the certificated area. If your property is located in a
certificated area there may be special costs or charges that you will be
r quired to pay before you can
(TAR -1802) 4-1-14 initialed for Identification by Seller - and Buyer Page i 1 of 13
Produced with 21pFarm9 by 2ipLogix 18070 Fifteen Mite Road, Fraser, Michigan 48026 wwY.AiLoaix.eom 1.104 AC on W.
I
I
Commercial Contract - Unimproved Property concerning 1.104 AC on West Cedar
receive water or sewer service. There may be a period required to construct lines or other facilities
necessary to provide water or sewer service to your property. You are advised to determine if the
property is in a certificated area and contact the utility service provider to determine the cost that you
will be required to pay and the period, if any, that is required to provide water or sewer service to your
property. The undersigned purchaser hereby acknowledges receipt of the foregoing notice at or before
the execution of a binding contract for the purchase of the real property' described in the notice or at
closing of purchase of the real property." The real property is described in;Paragraph 2 of this contract.
D. If the Property adjoins or shares a common boundary with the tidally influenced submerged lands of the
state, §33.135 of the Texas_ Natural Resources Code requires a notice regarding coastal area property
to be included as part of this contract.
E. If the Property is located seaward of the Gulf Intracoastal Waterway, §61.025, Texas Natural Resources
Code, requires a notice regarding the seaward location of the Property to be included as part of this
contract.
F. If the Property is located outside the limits of a municipality, the Property ;may now or later be included
in the extra -territorial jurisdiction (ETJ) of a municipality and may now or later be subject to annexation
by the municipality. Each municipality maintains a map that depicts its boundaries and ETJ. To
determine if the Property is located within a municipality's ETJ, Buyer should contact all municipalities
located in the general proximity of the Property for further information.
G. Brokers are not qualified to perform property inspections, surveys, engineering studies, environmental
assessments, or inspections to determine compliance with zoning, governmental regulations, or laws.
Buyer should seek experts to perform such services. Buyer should review local building codes,
ordinances and other applicable laws to determine their effect on the Property. Selection of experts,
inspectors, and repairmen is the responsibility of Buyer and not the brokers. Brokers are not qualified to
determine the credit worthiness of the parties.
26. CONTRACT
the Property,
located, on
AS OFFER: The execution of this contract by the first party constitutes an offer to buy or sell
Unless the other party accepts the offer by 5:00 p.m., in the time zone in which the Property is
the offer will lapse and become null ;and void.
READ .THIS ..C.ONTRACT CAREFULLY. The brokers and agents make no representation or
recommendation as to the legal sufficiency, legal effect, or tax consequences of this document or
transaction. CONSULT your attorney BEFORE signing,
Seller: City of Beaumont Buyer: Dingo Realty, LLC
By: Kyle Hayes
By (signature):
Printed Name: Kyle Haves
Tille:Cit•.y Manager
13y:
By (signature):
Printed Name:
Title:
By: Mark ir'ertitta
By (signature):
Printed Name: Mark F'artitta
Title:
By:
By (signature):
Printed Name:
Title:
(TAR -1802) 4-1-14 Initialed for Identification by Seller
and BuyerA,
Produced w th zipForm&by zipLogix 18070 Fifteen Mle Road, Fraser, MWOgan 48026 Ymy zioLoolx con,
Page 12 of 13
1 J 0l AC on W.
Commercial Contract - Unimproved Property concerning 1,104 AC on
i
AGREEMENT BETWEEN BROKERS
(use only If Paragraph ON is effective)
Principal Broker agrees to pay (Cooperating Broker) a
fee when the Principal Broker's fee is received. The fee to be paid to Cooperating, Broker will be:
❑ .—, or
❑ — % of the sales price, or
❑ — % of the Principal Broker's fee.
The title company is authorized and directed to pay Cooperating Broker from Principal Broker's fee at closing,
This Agreement Between Brokers supersedes any prior offers and agreements for compensation between
brokers.
Principal Broker: Cooperating Broker:
By: By:
ATTORNEYS
Seller's attorney- Buyer's attorney:
Address: Address:
I Phone &
E-mail•
Seller's attorney requests copies of documents,
notices, and other information:
❑ the title company sends to Seller.
❑ Buyer sends to Seller.
Phone &
E-mail:
Buyer's attorney requests copies of documents,
notices, and other information:
❑ the title company sends to Buyer.
❑ Seller sends to Buyer.
ESCROW RECEIPT
The title company* acknowledges receipt of:
❑A. the contract on this day (effective date);
❑ B. earnest money in the amount of $ in the form of
on
Title company: Address:
By: Phone & Fax:
Assigned file number (GF#), E-mail:
(TAR -1802) 4-1-14 1 Page 13 of 13
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W�PRTECH 'Rctugnizrng the landmarks ofthe past.,, selling ourforesrght toYrards the hture tsilh Advanced Geaspatiaf 7rchnology'
LAND SURVEYORS, INC . Texas Boai'd of Professlonal Land Surveying
Him Registration No, 10105600
July 2, 2015
Surveyor's Field Note Description,
BEING a 1.104 acre (48,103.84 square feet) tract of land out of and a part of that certain
Beaumont, Sour Lake & Western Railway Company called 1,406 acre tract of land, more
fully described and recorded in Volume 95, Page 4, Deed Records of Jefferson County,
Texas. Said 1.104 acre tract of land being situated in the Noah Te -vis. Survey, Abstract fit,
Jefferson County, Texas and being more particularly described as follows,
BEGINNING at a chain link fence corner post found at the Northwest corner of the herein
described tract of land 'anti 1,405 acne tract, same being tho Southwest corner of that
certain Beaumont, Sour Labe & Western Railway Company called 0,97 acre tract of land,
more fully described and recorded in Volume 95, Page 13 of said Deed Records and same
being the Southeast corner of that certain Houma Dollar Partners, LL.C. called 1.445 acre
tract of land, more fully described and recorded in Clerk's File No. 2009004839 of the
Official Public Records of Jefferson County;
THENCE North 87 (leg, 22 min. 38 sec. least along and with the North line of the herein
described tract and 1,406 acre tract, Sarre being the South line of the 0.97 acre tract, a
distance of 156,44 feet to a 518 inch iron rod with cap stamped "WORTECH SURVEYORS'
foitud for the Northeast coiner of the herein described tract and 1.405 acre tract, same
being the Southeast corner of the 0.97 acre tract, same being the Southwest corner of that
certain Beaumont Independent School District called 6.996 acre tract of land, more fully
described and recorded in Volume 631, Page 178 of said Deed Records and same being the
Northwest corner of that certain Beaumont Independent School District called 2.882 acre
tract of land, more fully described and recorded in Volume 631, Page 177 of said Deed.
Records and being the beginning of a non tangent curve;
THENCE in a Southeasterly direction along and with the East line of ,the herein described
tract and 1.405 acre tract, sanne being the West line of said 2,832 acre tract and said non -
tangent curve to the left, having a delta angle of 12 (leg, 59 min, 22 see., a radius distance of
1613.30 feet, a chard bearing of South 65 deg. 00 nein. 17 sec, East, a chord distance of
342.34 feet and an are distance of 343,08 feet to a 518 inter iron rod with cap stamped
"VORTECH SURVEYORS" found for corner,
THENCE South 78 deg. 41 min. 13 sec. East continuing along and with the last line of the
lierein described tract and 1.406 acre tract, same being the Zftest line of said 2.832 acre
tract, a distance of 94,79 feet to a 518 hich iron rod with cap stamped "WORTItCH
SURVEYORS" found for corner;
THENCE South 89 (leg. 21 inial. 13 sec, East continuing along and with. tiie Last line of the
herein described tract and 1,405 acre tract, same being Clio MlesC line of said 2,882 acre
tract, a distaii.ce of 1201.49 feet to a 518 inch iroti trod Nvith cap stamped "W01ZTECH
SUIWEYORS" set for corner in the Nortli line of an cxisting 1'. & N. 0. RR, right-of-way;
TI -Mi NCE Soutli 78 deg, 48 ,min, 25 sec. blest along and witli the Nortli fine of said existing T.
& N. 0. RR. Aglit-of-way, satire being the Sotith line of the bercin described tract, a distance of
Corporate Office:
1480 Conterstone Court
Beaurnont, Texas 77706
Tel: 409,866,9709 Fax: 409.866.7075
City of Beaumont
July 2, 2016 ,TP TE
Page 2 LAD SURVEYORS, INC.
302.64 feet to a 518 itich iroji rod With cap stamped "WORTECH SURVEYORS" sot at the
SoutliNvest comer of the Ilercill described tract and 1,405 acre tract, satile being the Somfieast
corner of ffiat celtaitl Deamnotit, Sour Lake & Western Railway Compalliy called 2,62 acre tract
of laird, more fully described and recorded bi Volume 240, Page 212 of said Deed Records alid
being at tile, beglimbig of a non -tangent curve;
THENCE in a Nortliwesterb, direction along and with the Wast; line of the herein described
tract and 1.406 acre tract, same being the East line of said 242 acre tract and said non -
tangent curve to the right, having a delta angle of 13 deg. 08 min. 66 see., aradius distance
of 1613.30 feet, a chord bearing of North 68 (leg, 12 min, 15 see. West, a chord distance of
369.42 feet and an are distance of 370.24 feet to a 5/8 inell iron rod with cap stamped
=`WO.RTE, 011 MOE YORS" set for cornev and being the beginning of another non -tangent
clirve,
THENCE in a Northwesterly direction continiiing along and with the blest line of the,
herein described tract and 1,405 acre tract, same being the East line of said 2.62 acre tract
and said noxi -tangent curve to the right, having a delta angle of 3 (leg, 86 min, 08 see., a
radius distance of 1237.39 feet, a chord bearing of North 50 deg, 02 train. 52 see. 'ATest, a
chord distance of 7'7.42 feet and an are distance of 71.44 feet to the PLACE OF
BEGINNING, containing 1.104 acre (48,103.84 square feet) of land, more or less,
(This deacription is based upona surogy m-ade on the ground ander my dixed supervision oil.
Jub, 1, 2015 and is being subm-itted along with a. sa-may plot sl ozoing the properly and facts
foand as described herein, All bearings are based upon. the Texas Coordinate System. of
1983, Soull). Central Zone 142041 (US Survey foot). All distances and'oemagee arc surface
with. a combined adjustmeatfactor Of 1.00007app7i.ed.)
4 Ist e, Ile (11 P r 0 �201
X x
Seller Buyer
2014-088-01_Cl(y of Beatjmm1_D9scrip1fon.doox
Approved by the Texas Real Estate Commission for Voluntary Use
Texas law requires afi real estate licensees to give the following information about
tom WAO
OPPORTUNITINY brokerage services to prospective buyers, tenants, sellers and landlords.
Information About Brokeracie Services
Before working with a real estate broker, you
should know that the duties of a broker
depend on whom the broker represents. If
you are a prospective seller or landlord
(owner) or a prospective buyer or tenant (buyer), you
should know that the broker who lists the property for
sale or lease is the owner's agent. A broker who acts
as a subagent represents the owner in cooperation
with the listing broker. A broker who acts as a buyer's
agent represents the buyer. A broker may act as an
intermediary between the parties if the parties consent
in writing. A broker can assist you in locating a
property, preparing a contract or lease, or obtaining
financing without representing you. A broker is
obligated by law to treat you honestly.
IF THE BROKER REPRESENTS THE OWNER:
The broker becomes the owner's agent by entering
into an agreement with the owner, usually through a
written - listing agreement, or by agreeing to act as a
subagent by accepting an offer of subagency from the
listing broker. A subagent may work In a different real
estate office. A listing broker or subagent can assist
the buyer but does not represent the -buyer and
must place the lfltdrests of the owner first. The buyer
should not tell the owner's agent anything the buyer
would not want the owner to know because an
owner's agent must disclose to the owner any material
information known to the agent.
IF THE BROKER REPRESENTS THE BUYER:
The broker becomes the buyer's agent by entering
into an agreement to represent the buyer, usually
through a written buyer representation agreement. A
buyer's agent can assist the owner but does not
rep
the owner and must place the interests of
the buyer
first. The owner should not tell a buyer's
agent anything the owner would not want the buyer to
know because a buyer's agent must disclose to the
buyer any material information known to the agent.
IF THE BROKER ACTS AS AN INTERMEDIARY:
A broker may act as an intermediary between the
parties if the broker complies with The Texas Real
Estate License Act. The broker must obtain the written
consent of each party to the transaction to act as an
Buyer, Seller,'Laffdlorid or
Dingo Realty, LLC
10-10-11
intermediary. The written consent must state who will
pay the broker and, in conspicuous. bold or underlined
print, set forth the :broker's obligations as an
intermediary. The broker is required to treat each
party honestly and fairly and to comply with The
Texas Real Estate License Act. A broker who acts as
an intermediary in a transaction:
(1) shall treat all parties honestly;
(2) may not disclose that the owner will accept a
price less than the asking price unless authorized in
writing to do so by the owner;
(3) may not disclose that the buyer will pay a
price greater than the price submitted in a written offer
unless authorized in writing to do so by the buyer; and
(4) may not disclose any confidential information
or any information that a party specifically instructs the
broker in writing not to disclose unless authorized in
writing to disclose the information or required to do so
by The Texas Real Estate License Act or a court order
or If the information materially relates to the condition
of the property.
With the parties' consent, a broker acting as an
intermediary between the parties may appoint a
person who Is licensed under The Texas Real Estate
License Act and associated with the broker to
communicate with and carry out instructions of one
party and another person who is licensed under that
Act and associated with the broker to communicate
With and carry out instructions of the other party.
It you choose to have a broker represent you, you
should enter into a written agreement with the broker
that clearly establishes the broker's obligations and
your obligations, The agreement should state how and
by whom the broker, will be paid. You have the right to
choose the type of representation, it any, you wish to
receive. Your payment of a fee to a broker does not
necessarily establish that the broker represents you. If
you have any questions regarding the duties and
responsibilities of the broker, you should resolve those
questions before proceedihg.
asks tl�at you acknowledge receipt of this information about brokerage services for the licensees records.
[Texas Real Estate Brokers and Salespersons are licensed and regulated by the Texas Real Estate Commission (TREQ). It you have a question or complaint
regarding a real estate licensee, you should conlactTREG at P.O, Box 12188, Austin, Texas 78711-218B, 612-936-3000 (hitp://wmv.trec.texas.gov)
regarding
estate Y. h
FREC No. OP -K
(TAR -2501) 10-10-11
NAI'Whecler, 470 Orlemis Street, 12th Floor Beaumont, TX 77701
Pliono.,409-899-3300 Fax. 409-899-3301 Erica Goss
Produced with Zip]ForfrOby z!pLoglx 08070 Fifteen Mile Road, Fraser, Michigan 46028 36nwt.zi� ix.com
1.104 AC on W.
i
Approved by the Texas Real Estate Commission for Voluntary Use
Texas law requires all real estate licensees to give the following inforrhation about
ORTUNITY
brokerage services to prospective buyers, tenants, sellers and landlords.
OPPi
Information About Brokerage Services
afore working with a real estate broker, you
should know that the duties of a broker
depend on whom the broker represents. If
you are a prospective seller or landlord
(owner) or a prospective buyer or tenant (buyer), you
should know that the broker who lists the property for
safe or lease is the owner's agent. A broker who acts
as a subagent represents the owner in cooperation
with the listing broker. A broker who acts as a buyer's
agent represents the buyer. A broker may act as an
intermediary between the parties if the parties consent
in writing. A broker can assist you In loca"gi a
property, preparing a contract or lease, or obtaining
financing without representing you. A broker is
obligated by law to treat you honestly.
IF THE BROKER REPRESENTS THE OWNER:
The broker becomes the owners agent by entering
into an agreement with the owner, usually through a
written - listing agreement, or by agreeing to act as a
subagent by accepting an offer of subagency from the
listing broker. A subagent may work in a different real
estate office. A listing broker or subagent can assist
the buyer but does not represent the buyer and
must place the interests of the owner first. The buyer
should not tell the owner's agent anything the buyer
would not want the owner to know because an
owner's agent must disclose to the owner any material
Information known to the agent.
IF THE BROKER REPRESENTS THE BUYER:
The broker becomes the buyer's agent by entering
Into an agreement to represent the buyer, usually
through a written buyer representation agreement. A
buyer's agent can assist the owner but does not
represent the owner and must place the interests of
the buyer first.
The owner should not tell a buyers
ag nt anything the owner would not want the buyer to
know because a buyer's agent must disclose to the
buyer any material information known to the agent.
IF THE BROKER ACTS AS AN INTERMEDIARY:
A broker may act as an intermediary between the
parties if the broker complies with The Texas Real
Estate License Act. The broker must obtain the written
consent of each party to the transaction to act as an
10-10-11
B
intermediary. The written consent must state who will
pay the broker and, inconspicuous bold or underlined
print, set forth the broker's obligations as an
intermediary. The broker is required to treat each
party honestly and fairly and to comply with The
Texas Real Estate License Act. A broker who acts as
an intermediary in a transaction:
(i) shall treat all parties honestly;
(2 may not disclose that the owner will accept a
price �ess than the asking price unless authorized in
writing to do so' by the owner;
(3) may not disbiose that the buyer will pay a
price greater than the Price submitted in a written offer
unless authorized In writing to do so by the buyer; and
(4) may not disclose any confidential information
or any information that a party specifically instructs the
broker in writing not to disclose unless authorized in
writing to disclose the information or required to do so
by The Texas Real Estate License Act or a court order
or if the information materially relates to the condition
of the property.
With the parties' consent, a broker acting as an
intermediary between the parties may appoint a
person who is licensed under The Texas Real Estate
License Act and associated with the broker to
communicate with and carry out instructions of one
party and another person who Is licensed under that
Act and associated with ithe broker to communicate
With and carry out instructions of the other party.
if you choose to have a broker represent you, you
should enter into a written agreement with the broker
that clearly establishes the broker's obligations and
your obligations. The agreement should state how and
by whom the broker will be paid. You have the right to
choose the type of representation, if any, you wish to
receive. Your payment of, a fee to a broker does not
necessarily establish that the broker represents you. If
you have any questions; regarding the duties and
responsibilities of the broker, you should resolve those
questions before proceeding.
Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee's records,
Buyer, Seller, Landlord ar Tenant Date
City of Beaumont
Texas Real Estate Brokers and Salespersons are licensed and regulated by the Texas Real Estelle Commission (TREG). If you have a question or complaint
regarding a real estate licensee, you should contactTREG at P.O. Box 12188, Austin, Texas 78711-2188, 512-936-3000 (http:/Avww.trao.tgxas.gov)
rREG No. OP -K
(TAR -2501) 10-10-11
NAI Wheeler, 470 Orleans Street, l2th Floor BeIlumont, TX 77701
Phone. -409-849-3300 Fax: 409-899-3301 Fdra Goss
Produced with ZfpForfrO by 71PLogix 18070 Fifteen Milo Road, Fraser, Michigan 48026 WYAy.zipl-dgix.com
i
1.104 AC on W.
Beaumont, $our Lake
&western Rallway company
called 0.97 Acre Tract
Volume 95, page 13
D.R.J.C.
Houma Dollar Partners, L.L.C-
Called 1.445 Acn, Tract
C.F. No, 2o0g004639
Fence Post for Corner
Beaumont Independent School Diablo'
Called 6.996 Acre Tres'
Volume 631, page 178
D.R.J.C-
Foe, Wg' Iron Rod
with cap stamped
"WORTEOH SURVEYORS"
c
-VolUM10 ;Ipogg,
Beaumont, Spur 1-2ko
& Western Railway Company
Called 2,62 Acre Tract
Volume 24% Page 212
D.R.J.C.
!r'lU4r�E1 E97 -
Beaumont Independent School District
Called 2' 632 Acre Tract
Volume 631, P39P 177
O.mi.C.
Survev&sar-lifleation
loe undersigned does hereby Certify that this survey plot substantially
complies with the current Texas Society ofProfo&sIonaI Surveyors Standards
and Specifications for a Category IS, Urban Condition It survey made under
my direct supervision an July 4, 2015, and -Is being submitted along with the
-Surveyor's gold note dekilptlon-ofthe property shown hereon, which Iles In
Jefferson County, Texas.
OF
+
va
lyre
$UTL
01 25' 59 IOU
�Scslw VI=501
Flood Zone
In accordance With the Fedand Emergency Management
Agency, Flood Insurance Rate Map:
Community No.: 485451
Panel No: 0035 G
Date of FIRM: August 6, 2002
This property Iles In Zone "X", Zone Ware, areas determined to be outside of
the 600-yearilood plain. Location on map determined by scale on map. Actual
field elevation not determined, WORTECH Land Surveyors. Inc. does not
warrant nor subscribe to the accuracy or scale of said maps.
Notes
Learngs are based upon the Texas Coordinate System of 1983, South
Central Zone 142041 (US Survey foot). All distances and acreages are surface
with a combined adjustment factor of 1,00007 applied.
2. Boundary and Improvement survey only, no easements, If any, researched
or shown with The exception of those plaited.
3. 6/6' Iran rads with caps stamped WORTECH SURVEYORS" have been set
at comers marked 0 unless otherwise noted,
4. This survey was performed for the benefit of the City of Beaumont.
6t
, 1P"'
Fad, slao' Iron Rod
QIWc3p
�stamp with cap stamped
:-t, .WORTECH SURVEYORS'
Curve Table
lCurve lAre length Morgue I Delta Angle I Chord Searing I Chord Lonqlh
JCI— 1343.08' 11513.36, 112-5922- IS 65-66'17- E 1341341
102 1370.Z4' 11513.30- lia-aa,lis- I N 63 -ITT V W 369.4Z
[C3 .. 177.44! 11237.39- .13-3506" 1N50-0ZWW i
9