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2025-029 - Authorizing an Economic Development Agreement and Tax Abatement Agreement with the Magnolia Paris (Josh Bray) 5 in 5 Housing Infill Development Program
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2025-029 - Authorizing an Economic Development Agreement and Tax Abatement Agreement with the Magnolia Paris (Josh Bray) 5 in 5 Housing Infill Development Program
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6/11/2025 3:10:40 PM
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6/11/2025 3:09:09 PM
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CITY CLERK
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Resolution
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Tli r docame l h be rePared as red e�sted, Magnolia, <br />without llxe bene fit o a line agn„tinaliltn. <br />"NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU AREA NATURAL PERSON, YOU <br />MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING INFORMATION <br />FROM ANY INSTRUMENT THAT TRANSFERS AN INTEREST IN REAL PROPERTY <br />BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL <br />SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER" <br />SPECIAL WARRANTY DEED <br />(Land Contribution) <br />THE STATE OF TEXAS <br />§ KNOW ALL MEN BY THESE PRESENTS: <br />COUNTY OF LAMAR. § <br />THAT THE UNDERSIGNED, DEANNA EAGLE BRAY, individually and as <br />independent Executrix of the Estate of Sarney W. Bray III„ hereinafter reforredto as "Grantor", <br />whether one or more, for and in consideration. of Ten Dollars cash and other good and valuable <br />consideration including the making of a contribution of the real estate interest described herein to <br />the Grantee herein, has GRANTED and CONVEYED, and by these presents does hereby GRANT <br />and CONVEY unto THE MAGNOLIA PARIS, LLC, a Texas limited liability company, herein <br />referred to as "Grantee", whether one or more, all my undivided interest in the real property <br />described as follows: <br />SEE EXHIBIT A ATTACHED HERETO; <br />TO HAVE AND TO HOLD the above described properties, together with all and singular <br />the rights and appurtenances thereto in anywise belonging unto the said Grantee, <br />Grantee's <br />successors and/or assigns forever; and Grantor does hereby bind Grantor, Grantor`s heirs, executors, <br />successors and/or assigns to WARRANT AND FOREVER DEFEND all and singular the said real <br />estate unto the said Grantee, Grantee's successors and/or assigns, against every person whomsoever <br />claiming or to claim the same or any part thereof, by through or under the Grantor, but not otherwise. <br />This conveyance, however, is made and accepted subject to any and all outstanding mineral <br />interest, restrictions, reservations, easements, covenants and <br />ndiin tiohe s, any, <br />ing to the <br />Office of <br />hereinabove described property as the same are filed for record <br />Lamar County, Texas. <br />170674-2020 Wow 6 WD <br />05/11/2Q120 10:36x40 Af7 6yi arelhman <br />Lamar County, Ty- <br />Ruth <br />X <br />11111 1111111111111hyllINrililli111161i!I11111ft <br />
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