2025-029 - Authorizing an Economic Development Agreement and Tax Abatement Agreement with the Magnolia Paris (Josh Bray) 5 in 5 Housing Infill Development ProgramRESOLUTION NO. 2025-029
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS,
TEXAS APPROVING AND AUTHORIZING AN ECONOMIC
DEVELOPMENT AGREEMENT AND TAX ABATEMENT AGREEMENT
WITH THE MAGNOLIA PARIS, LLC PURSUANT TO THE 5 IN 5
HOUSING INFILL DEVELOPMENT PROGRAM; MAKING OTHER
FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND
DECLARING AN EFFECTIVE DATE.
WHEREAS, on January 27, 2025, the City Council of the City of Paris, Texas
passed Ordinance No. 2025-003 creating Reinvestment Zone 2025-1 and designating
certain areas inside the city limits to be eligible for the Residential Tax Abatement
Program; and
WHEREAS, after a public hearing on January 10, 2022, the City Council of the
City of Paris, Texas passed Resolution No. 2022-003 stating its intent to establish a 5
In 5 Housing In -Fill Development Program (hereinafter "the Program") including low
cost land sales and residential tax abatements and adopting guidelines and criteria
for the Program, which guidelines and criteria from time to time have been amended,
most recently on May 12, 2025 by Resolution No. 2025-025; and
WHEREAS, the City Council has, in said guidelines and criteria, designated an
area within Reinvestment Zone 2025-1 as being eligible for the Program; and
WHEREAS, on February 24, 2025, the City Council approved resolution 2025-
010 re -authorizing the City to become eligible to participate in residential tax
abatements and approving guidelines and criteria for the residential tax abatement
program; and
WHEREAS, the Program has additional criteria and guidelines for
participation therein, including criteria and guidelines for eligibility for residential
tax abatements; and
WHEREAS, Owner has submitted an application for a 5 In 5 Housing Infill
Development project to construct three (3) duplexes totaling six (6) dwelling units
on the properties described herein below in Paris, Texas (hereinafter
"Improvements"); and
WHEREAS, city staff has reviewed the application and the location of the
above described residential Improvements and has determined that the properties
are located within the boundaries of the defined geographic area and Reinvestment
Zone 2025-1 and meet the requirements for Improvements set forth in the guidelines
and criteria for the Program as set forth in City Resolution No. 2025-025.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
PARIS, TEXAS, THAT:
Section 1. The findings set out in the preamble to this resolution are hereby
in all things approved and are incorporated herein for all purposes.
Section 2. That the terms of the Economic Development Agreement and Tax
Abatement Agreement between the city and The Magnolia Paris, LLC and the property
the subject thereof meet the City's Guidelines and Criteria for Tax Abatement adopted
by the City of Paris by Resolution No. 2025-010 and will lead to the economic
development of the Program Area described in said Resolution No. 2025-025.
Section 3. That the terms and conditions of the proposed Agreement attached
hereto as Exhibit A and incorporated herein by reference, having been reviewed by
the City Council of the City of Paris and found to be acceptable and in the best interests
of the City of Paris and its citizens, be, and the same are hereby, in all things approved.
Section 4. That the Mayor is hereby authorized to execute the Agreement and
all other documents in connection therewith on behalf of the City of Paris
substantially according to the terms and conditions set forth in the Agreement
attached hereto as Exhibit A.
Section S. That the planned use of the property the subject of the tax
abatement will not constitute a hazard to public safety, health, or morals.
Section 6. That this approval and execution of the agreement on behalf of the
City is not conditioned upon approval and execution of any other tax abatement
agreement by any other taxing entity.
PASSED AND APPROVED by the City Council of the City of Paris, Texas at its
regular meeting on the 9th day of June, 2025.
I" E C/T '%,
p Y0
ATTEST:
nice Ellis, City Clerk
D AS TO FORM:
Stcpie H. Hargis, City Attorney
Mihir ankaj, Mayor
Exhibit A
THE STATE OF TEXAS )
COUNTY OF LAMAR )
ECONOMIC DEVELOPMENT AND RESIDENTIAL TAX ABATEMENT
AGREEMENT
This Economic Development and Residential Tax Abatement Agreement (hereinafter the
"Agreement) is entered into by and between the CITY OF PARIS, TEXAS, a home rule
municipality situated in Lamar County, Texas, acting by and through its authorized officer
whose signature appears below (hereinafter called "City"), and THE MAGNOLIA PARIS,
LLC (hereinafter referred to as "Owner").
WITNESSETH:
WHEREAS, on January 27, 2025, the City Council passed Ordinance No. 2025-003
creating Reinvestment Zone 2025-1, designating certain areas inside the city limits to be eligible
for the Residential Tax Abatement Program; and
WHEREAS, after a public hearing on January 10, 2022, the City Council of the City of
Paris, Texas passed Resolution No. 2022-003 stating its intent to establish a 5 In 5 Housing In -
Fill Development Program (hereinafter the Program) including low cost land sales and
residential tax abatements and adopting guidelines and criteria for the Program; and
WHEREAS, by Resolution 2022-003, City Council designated an area within
Reinvestment Zone 2025-1 (then known as Reinvestment Zone 2020-1) as being eligible for the
Program (the Program Area); and
WHEREAS, City Council has revised the guidelines and criteria for the Program and for
tax abatement agreements granted thereunder three times, the most recent revisions adopted by
Resolution 2025-025 on May 12, 2025; and
WHEREAS, Owner has submitted an application for a 5 In 5 Housing Infill
Development project to construct three (3) duplex structures for a total of six (6) dwelling units
(hereinafter the Improvements) at the properties described herein below in Paris, Texas (the
Properties); and
WHEREAS, city staff has reviewed the application and the location of the above
described residential Improvements and has determined that the Properties are located within the
boundaries of Reinvestment Zone 2025-1 and are within the defined geographic area of the
Program Area, and the application meets the requirements for Improvements set
1
forth in the Guidelines and. Criteria for the 5 :In 5 Housing I[n:��ll Development Program as set
forth :in City Resolution No. 2025-025
NOW, THEREFORE, in consideration of the terms and conditions referenced herein,
and other good and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the City, and Owner, (collectively referred to as Parties) hereby mutually agree as
follows:
11 The Recitals set forth hereinabove are incorporated into this Agreement for all
purposes.
II.
Component Parts
2.1 This Agreement comprises two component parts, including an economic
development agreement pursuant to Texas Government Code Chapter 380 and a residential tax
abatement agreement pursuant to Texas Tax Code Section 312.
III.
Terms Applicable to both the Economic Development Agreement and the Residential Tax
Abatement Agreement:
A. The Properties—Areas to be Improved
3.1 The Improvements defined in section III B below and made the subject of this
Agreement shall be located on the Properties located in Paris, Lamar County, Texas more fully
described in Exhibit 1 attached hereto and incorporated herein by reference, which Properties
are within Reinvestment Zone No. 2025-1 and within the area set forth in the Program:
• Magnolia Corner Addition Lot 7R, Block 115, 8"' St. SE
• Magnolia Corner Addition Lot 8R, Block 115, 8th St. SE
• Magnolia Corner Addition Lot 9R, Block 115, 8' St. SE
B. Consideration --Improvements
3.2 The Improvements to be completed consist of constructing three (3) duplex
structures ("Structure" or "Structures") for a total of six (6) dwelling units on the above
described Properties and as more fully described in the application for the Program attached
hereto and incorporated herein as Exhibit 1.
3.3 The total estimated value of the Improvements to be constructed on the above -
referenced parcels is FOUR HUNDRED FIFTY THOUSAND AND NO/100 DOLLARS
($450,000.00).
2
3.4 Owner shall obtain. City approval for all necessary platting (if required) and plans,
building permits, green. tags and a Certificate of Completion. from the City of Paris.
15 Owner shall allow city inspectors access to the properties and Improvements
throughout construction and completion of Improvements.
3.6 Owner agrees and covenants that it will diligently and faithfully construct each
Improvement/Structure referenced herein in a good and workmanlike manner within 12 months
of obtaining building permits from. City for each stricture. Owner further covenants and agrees
that construction of the Improvements ents will be in accordance with all applicable state and local.
laws, codes and regulations or Owner will procure a valid waiver or vari.an.ce thereof. Owner
shall complete all Improvements required herein by June 8, 2030.
3.7 Owner shall contact City Building Official for final inspection as Improvements
are completed and obtain a Certificate of Completion for the new residential dwellings as
completed.
3.8 Owner shall notify the Lamar County Appraisal District upon completion of
Improvements and request an updated appraisal. of the Improvements.
3.9 Owner shall provide City with appraised value of Improvements upon receipt of
same from Lamar ar County Appraisal. District.
330 Owner may not use the parcels described in Section 3.1 for any other purpose
other than to construct the Improvements en.ts set forth in this Article. Use of any parcel. for any other
purpose shall constitute a separate act of default of the Agreement and will trigger the default
provisions and remedies set forth hereunder.
IV.
Terms Specific to the Economic Development Agreement
Teams Local Government Code Chapter 380
A. Term
4.1 The term of this Economic Development Agreement shall commence on June 9,
2025 and shall continue for a period of five (5) years ending on June 8, 2030.
B. Reduced Fees for Building Plan Review and Permitting
4.2 In consideration for Owner's construction and completion of the above -referenced
Improvements, City agrees to reduce rates for building plan review by one hundred percent
(100%) for each sprinkled Structure and fifty percent (50%) for each non -sprinkled Structure,
and permit fees by one hundred percent (100%) for each sprinkled Structure and fifty percent
(50%) for each non -sprinkled Structure, constructed pursuant to this Agreement.
C. Reduced Fees for Water and Sewer Tap Labor
4.3 In further consideration for Owner's construction and completion of the above -
referenced Improvements, City agrees to reduce rates for water and sewer tap labor fees by
twenty-five percent (25%) where required by the City's Public Works Department.
D. Local Purchasing
4.4 As further consideration for the incentives granted herein, where possible, Owner
shall purchase building materials and fixtures from vendors located within the City of Paris.
E. Default
4.5 It shall be an act of default of the Economic Development Agreement should
Owner fail to construct and compete all of the Improvements specified herein within the five (5)
year period set forth herein (by June 8, 2030).
V.
Terms Specific to the Residential Tax Abatement Agreement as to the Newly Acquired
Properties—Texas Tax Code Chapter 312
A. Term
5.1 The term of this Tax Abatement Agreement shall commence on June 9, 2025. It is
the intention of this Tax Abatement Agreement that Owner receive an abatement of taxes on
each Structure constructed as it is completed and issued a Certificate of Completion by City.
Consequently, each Structure constructed and completed shall have its three (3) year abatement
period. The abatement period for each constructed and completed dwelling unit shall commence
on January 1 of the year following City's issuance of a Certificate of Completion on said
dwelling unit and end on the third (3rd) anniversary of the commencement of the abatement
period. This Tax Abatement Agreement shall terminate upon the expiration of the final
abatement period granted herein unless otherwise terminated by default or agreement of the
Parties.
B. Abatement
5.2 Subject to the terms and conditions of this Economic Development Agreement and
Tax Abatement Agreement, in further consideration for the construction and completion of the
Improvements required herein and subject to the rights and holders of any outstanding bonds of
the City, a portion of the maintenance and operations (M & O) ad valorem property taxes
assessed upon each Improvement and otherwise owed to the City shall be abated for a period of
three (3) years in an amount equal to 100% per year of the taxes assessed upon the increased
value of the Improvements made by Owner to the Properties described in Section 3.1 of this
Agreement, over the value in the year by which this agreement is executed (the "Base Value"), in
accordance with the terms of this Agreement and all applicable state and local regulations or
valid waivers thereof; provided that the Owner shall have the right to protest or contest any
assessment of the Properties and said abatement shall be applied to the amount of taxes finally
4
determined to be due as a result of any such protest or contest. For the purposes of this
Agreement, the Base Value of the existing real property shall be deemed to be the value as
shown on the tax rolls of the Lamar County Appraisal District as of January 1, 2025.
5.3 This abatement is granted in accordance with the City's Guidelines and Criteria
for the Program, a copy of which is attached hereto as Exhibit 2, provided, however, that in the
event of any conflict between this Agreement Exhibit 2, this Agreement shall control.
5.4 Upon receipt of the documentation set forth in Article III and in Section 6.6
herein as to each constructed and completed Structure, City will notify the Lamar County
Appraisal District to begin the tax abatement as to said Structure.
C. Default
5.5 If (a) the Improvements (all five residential Structures) for which an abatement
has been granted are not completed in accordance with this Agreement (within five (5) years of
the effective date hereof); or (b) Owner allows its taxes owed the City to become delinquent and
fails to timely and properly follow the legal procedures for protest or contest of any such; or (c)
Owner materially breaches any of the other terms, provisions or conditions of this Economic
Development Agreement and Tax Abatement Agreement, including but not limited to the
Mandatory Anti -Discrimination Provisions set forth herein, then owner shall be considered in
default of this Agreement. In the event Owner defaults in its performance of either (a), (b), or (c)
above, then City shall give Owner written notice of such default and if Owner has not cured such
default within sixty (60) days of said written notice, this Tax Abatement Agreement may be
terminated by the City. Notice of default shall be given in accordance with Article V of this
Agreement.
5.6 As damages in the event of default, and in accordance with the requirements and
discretionary provisions of Section 312.205 of the Tax Code of the State of Texas, all taxes
which otherwise would have been paid to the City without the benefit of abatement, including
taxes on those dwelling units constructed and completed according to the terms of this
Agreement, together with interest to be charged at the statutory rate for delinquent taxes as
determined by Section 33.01 of the Property Tax Code of the State of Texas, with all penalties
and attorney's fees permitted by the Property Redevelopment and Tax Abatement Act and the
Tax Code of the State of Texas, shall be recaptured and will become a debt to the City and shall
be due, owing, and paid to the City within sixty (60) days of the expiration of the above-
mentioned applicable cure period as the sole remedy of the City, subject to any and all lawful
offsets, settlements, deductions, or credits to which Owner may be entitled.
VI.
Additional Terms applicable to both the Economic Development Agreement and
the Tax Abatement Agreement on the Newly Acquired Properties
A. No Conflict of Interest.
6.1 The Owner represents and warrants that neither the Properties nor the Improvements
include any real or personal property that is owned or leased by a member of the Paris City
Council or the Planning and Zoning Commission or any member thereof having responsibility
for approval of this Agreement.
S. Conditions.
6.2 The terms and conditions of this Agreement are binding upon the parties hereto
and their successors and assigns.
6.3 It is understood and agreed between the parties that the Owner, in performing its
obligations hereunder, is acting independently, and the City assumes no responsibility or liability
in connection therewith to third parties; and Owner agrees to release, indemnify and hold the
City its elected officials, officers, employees and attorneys harmless from any claims,
lawsuits, damages, costs or attorney's fees related to this Agreement. It is further understood
and agreed among the parties that the City, in performing its obligations hereunder, is acting
independently, and the Owner assumes no responsibility or liability in connection therewith to
third parties.
C. Compliance Provisions
6.4 The Owner agrees that the City, its agents and employees, shall have reasonable
right of access to any and all records concerning Owner's investment in the Improvements for
the purpose of conducting an audit of the Improvements. Any such audit shall be made only
after giving the Owner notice at least fourteen (14) days in advance and will be conducted in
such a manner as to not unreasonably interfere with Owner's property. Upon request, the Owner
will provide the City with a detailed list of all Improvements, including a list of materials used
and cost thereof.
6.5 The Owner further agrees that the City, its agents and employees, shall have
reasonable right of access to the Property to inspect the Improvements in order to insure that the
construction of the Improvements are in accordance with this Agreement and all applicable state
and local laws and regulations or valid waiver thereof. After completion of the Improvements,
the City shall have the right to enter the Property and conduct an inspection of the completed
Improvements.
D. Initial and Annual Reporting.
6.6 The Owner further agrees that it will, within thirty (30) days of completion of each
dwelling unit as it issued a Certificate of Completion by the City, provide the CITY with a sworn
report, written on Owner's letterhead and signed by a designated representative of Owner, which
contains the following information:
(a) A copy of the printout from the Lamar County Appraisal District showing the
market value of the Property prior to the construction of the Improvements;
(b) Detailed description of the Improvements;
(c) A copy of or identification of plans and specifications of constructed
6
improvements and the location of the same for inspection by City's Building
Official;
(d) The actual cost of the specific capital Improvements; and,
(e) The date of substantial completion of the specific Improvements as defined in
paragraph 2.1 hereof; and
(f) Receipts showing that the purchase of building materials and fixtures for the
construction were made from vendors within the City of Paris, when possible.
6.7 Owner further agrees that it will provide City with an annual, sworn report which
shall certify, in writing, that it is in compliance with each applicable term of this Agreement.
Such annual report shall be furnished on the forms provided by the City.
E. Authority to Contract.
6.8. This Agreement was authorized by resolution of the City Council at its regularly
scheduled meeting on the 12th day of February 2024, authorizing the Mayor to execute the
Agreement on behalf of the City.
6.9 This Agreement was entered into by Owner pursuant to the authority granted to the
authorized official whose signature appears below.
6.10. This Agreement shall constitute a valid and binding Agreement between the City
and Owner when executed in accordance herewith, regardless of whether any other taxing unit
executes a similar agreement for tax abatement.
F. Legal.
6.11 No officer, official or agent of the City has the power to amend, modify or alter
this Agreement or waive any of its conditions or to bind the City by making any promise or
representation not contained herein.
6.12 This Agreement, except by operation of law, shall not be assigned or transferred
by Builder, without the prior written consent of City, which consent shall be at the sole discretion
of the City.
6.13 Any written notice required or permitted under the terms of this Agreement shall
be given and be deemed to have been duly served if either (1) delivered in person, or (2)
deposited certified mail, return receipt requested, postage prepaid in the United States mail,
addressed to the designated representative of the respective parties which are designated as
follows:
7
OWNER:
The Magnolia Paris, LLC
P.O. Box 6365
Dallas, Texas 75461
CITY:
CITY OF PARIS, TEXAS
Attn: City Manager
P. O. Box 9037
Paris, TX 75461-9037
With a copal o:,
City Clerk, City of Paris, Texas
(Address same as above)
6.14 If any term or provision of this Agreement shall be declared unconstitutional or
void by any court of competent jurisdiction, the constitutionality and validity of the remainder of
said Agreement shall not be affected thereby, and to this end the terms and provisions of this
Agreement are declared to be severable.
6.15 This Agreement sets forth the entire understanding between the parties, and any
other understandings or agreements shall be canceled and superseded by this Agreement upon
the date of execution hereof. None of the terms of this Agreement shall be waived, discharged,
altered or modified in any respect, except by an Agreement in writing signed by both parties and
specifically referring to this Agreement. The captions in this Agreement are included for
convenience only and shall not be taken into consideration in any construction or interpretation
of this Agreement or any of its provisions. This Agreement is performable in Lamar County,
Texas, and shall be governed by, construed and enforced in accordance with the laws of the State
of Texas. The provisions of this Agreement shall apply to, bind and inure to the benefit of the
City, Owner, and their respective successors, and permitted assigns, if any.
6.16 Venue for any actions arising under this Agreement shall lie exclusively in the
courts of Lamar County, Texas, for any State Court action, and in the U.S. District Court for the
Eastern District of Texas for any federal court action.
6.17 MANDATORY ANTI -BOYCOTT AND OTHER PROVISIONS. Owner, by
executing this agreement, certifies the following:
i. Pursuant to Section 2271.002 of the Texas Government Code, Consultant
certifies that either (i) it meets an exemption criterion under Section 2271.002;
or (ii) it does not boycott Israel and will not boycott Israel during the term of
the Agreement. Consultant acknowledges this Agreement may be terminated
and payment withheld if this certification is inaccurate.
ii. Pursuant to SB 13, 87th Texas Legislature, Consultant certifies that either
(i) it meets an exemption criterion under SB 13, 87th Texas Legislature; or (ii)
it does not boycott energy companies, as defined in Section 1 of SB 13, 87th
Texas Legislature, and will not boycott energy companies during the term of
8
the Agreement. Consultant acknowledges this Agreement may be terminated
and payment withheld if this certification is inaccurate.
iii. Pursuant to SB 19, 87th Texas Legislature, Consultant certifies that either
(i) it meets an exemption criterion under SB 19, 87th Texas Legislature; or (ii)
it does not discriminate against a firearm entity or firearm trade association, as
defined in Section 1 of SB 19, 87th Texas Legislature, and will not
discriminate against a firearm entity or firearm trade association during the
term of the Agreement. Consultant acknowledges this Agreement may be
terminated and payment withheld if this certification is inaccurate.
iv. Pursuant to Subchapter F, Chapter 2252, Texas Government Code,
Consultant certifies Consultant (1) is not engaged in business with Iran,
Sudan, or a foreign terrorist organization. Consultant acknowledges this
Agreement may be terminated and payment withheld if this certification is
inaccurate.
Signature page to follow:
I
WITNESS our hands this 9t' day of June, 2025.
THE CITY OF PARIS, TEXAS
Mihir Pankaj, Mayor
ATTEST:
Janice Ellis, City Clerk
APPROVED AS TO FORM:
Stephanie H. Harris, City Attorney
THE MAGNOLIA PARIS, LLC
Name: Josh A. Bray
Title:
STATE OF TEXAS
COUNTY OF LAMAR
BEFORE ME, the undersigned authority, on this day personally appeared Mihir Pankaj,
Mayor, known to me to be the person whose name is subscribed to the foregoing instrument, and
acknowledged to me that he executed the same for the purposes and consideration therein
expressed, and in the capacity therein stated.
Given under my hand and seal of office this 9th day of June, 2025.
Notary Public, State of Texas
10
STATE OF TEXAS
COUNTY OF
BEFORE ME, the undersigned authority, on this day personally appeared Josh A. Bray,
_ of The Magnolia Paris, LLC, known to me to be the person whose name is
subscribed to the foregoing instrument, and acknowledged to me that he executed the same for
the purposes and consideration therein expressed, and in the capacity therein stated.
Given under my hand and seal of office this day of June, 2025.
Notary Public, State of Texas
11
Exhibit 1
12
V
§k a o
LU
-
2
fLn
/
■
ƒ me
k!
¢
LU
2
!
t- 00
\ }
\�
/
ƒ
R
am
\
�
\
«
$
/
LU
q
. . .
. (
k
2
�
\
`
f
kLLI
■
f
|
� \
�2
.On:f \
<\ £
§ }
,
)
\
§
2 /
126
>
k
/
B
§§�§�
\
#
k
f
\
�
a
%
Ili
�
$
ui
!
2
I
2
I
%
�
IL
d v Y F c ti b
o OZ
N
z m S 8
�¢
If
Hill
gig i & $i as pps a i$� gg € t 5a p{i*
E.F. $1� •°} $$ i �� ! HO M! H i� s F d5 $ 6 # f f e tia
gil i X11 i sif I G, 1,11 a 1
�.. •�m---- . �....- wrdg�Jd�im4
,I ! (v=��nn9EIlEU'M1lYNd81QRM.��MTA
by'"_ 44tl
ao---- r 1L'999 3 ' 1L m iZ..D 5
.,.._ F v.cm,mam A✓ W- — al'OC ..._.,
.............
TT
Oki. I J11 FW oqp 9 p il i
I±a
lal, � Sg.w nv0f Xrdp Z.
gra..,,... 2",$
$—I
lava
yq ,L5'62l M t%r&LO N
pp I.
E4 �
e s
f
6 ���• S gEEE i
F 8 5s
9 r^
I
"w, :. •� a Y Hill ho Gap.
tt
1
� t I
�.1°H _. mm� �s� >.��,f � C... i � t !!I�i,llll,ll ��s�•! �
� � � o � ;€���a � � �>' � � I � � � I � 1111111 � � �.€►�� ,�u
'aa I §° I 1.911 •, �� �� ! ' a � � � g !
g
xu
_ $
f I
I' ,,._........ 7 .... g a,,
} pp
l-:hR M .&$Fl0 N
8 'I ',�H
1 vrs ao`�wi'°° &II . �NN r_ a �( vv@i Iv I ,.
BRAD HUTCHISON
ATTORNEY AT LAW
38 FIRST STREET NORTHWEST
PARIS, TEXAS 75460
PHONE 903-785-1606
FAX 903-785-7580
APRIL 2025
TO: MAGNOLIA PARIS, LLC
RE: COPIES OF DEEDS FOR CITY OF PARIS
For Professional Services
OBTAINING COPIES
COPY COSTS
TOTAL CHARGES $183.63
$100.00
18.63
1
is document has b .e r aced ire uested, magnolia
w't out t to bene it Ile eacyt t nation.
"NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU
MAy REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING INFORMATION
FROM ANY INSTRUMENT THAT TRANSFERS AN INTEREST IN REAL PROPERTY
BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL
SECURITY NUMBER. OR YOUR DRIVER'S LICENSE NUMBER"
SPECIAL WARRANTY DEED
(Land Contribution)
THE STATE OF TEXAS §
§ KNOW ALL MEN BY THESE PRESENTS:
COUNTY OF LAMAR §
THAT THE UNDERSIGNED, BRAZEN PROPERTIES, LP, a Texas limited
partnership, hereinafter referred to as "Grantor", whether one or more, for and in consideration of
Ten Dollars cash and other good and valuable consideration including the making of a contribution
of the real estate interest described herein to the Grantee herein, has GRANTED and CONVEYED,
and by these presents does hereby GRANT and CONVEY unto THE MAGNOLIA PARIS, LLC,
a Texas limited liability company, herein referred to as "Grantee", whether one or more, all its
uudivided interest in the real property described as follows:
SEE EXHIBIT A ATTACHED HERETO;
TO HAVE AND TO HOLD the above described properties, together with all and singular
the rights and appurtenances thereto in anywise belonging unto the said Grantee, Grantee's
successors and/or assigns forever; and Grantor does herebybind Grantor, Grantor`s successors and/or
assigns to WARRANT AND FOREVER DEFEND all and singular the said real estate unto the said
Grantee, Grantee's successors and/or assigns,again t everyder the pers but not oth homsoeer ver
claiming or to claim
the same or any part thereof, by through
This conveyance, however, is made and accepted subject to any and all outstanding mineral
i1 terest, restrictions, reservations, easements, covenants and conditions, if any, relating to the
hereinabove described property as the same are filed for record in the County Clerk's Office of
Lamar County, Texas,
e� d�Pao 1 �7PJ6T5�Z020 J - pages: 6 WD
06!11/2e20 1e:39:Ae All BY: 42rethman
Lamar County,TTX
Ruth sitsen - Count Clark
III{uIIII���I'��il����l{�11���llll�lillll�1111<�III�II���I
170676-2020 05/11/2020 10::39.40 AM Page 2 Ot 6
EXECUTED EFIiECTWE the 8 DAY OF MAY, 2020,
BRAZEN OPERTIES, LP
BY; JABP�P` l C, its general partner
BY:
STATE OF TEXAS §
COUNTY OF LA.MAR §
BRAY, Manager
The foregoing instrument was acknowledged before me on the 7 day of MAY, 2020, by
JOSH BRAY, Manager of JABP, LLC as general partner of Brazin Properties, LP, on behalf
of said entities.
1
My Commission Expires
Grantee's Address.
(After Recording, Return Tv.}
THE MAGNOLIA PARIS, LLC
P,0 BOX 6365
Paris, TX 73461
pe.�-P - 2
Notary P blic State g� Q s
(1
Notary's Printed Name
�RJ ►„ ANLIFO
C"
No
9 fd2COTME . i3 =4 ;
17Q676-ZU2Q Q6111/ZQZQ 1Q:39AU AM Nage 3 0 5
PARCEL ONE' (Magnalia)
Tract One: , '
Situated within the corporate limits of the City of Paris, County of Lamar
and State of Texas, being a part of the Larkin Rattan Survey and being a part of the
same land conveyed Reinhardt Hollje by deed recorded in Vol. 651, Page 267, of the Deed
Records of said County and State and being Lot,5-A, City Block 115 as shown by Be -plat
of Lot 5A City Block 115 duly recorded in the Plat Records of said County and State
and being further described as follows:
BEGINNING at an iron pin for corner at the intersection of the EBL of titin '
Street S.E. and the NBL of E. Sherman'St.,-the SWC of said Lot 5 A.
THENCE NORTH with the East Boundary Line of 6th Street 5.E_ a distance of
93.85 feet to an iron pin for corner;
THENCE NORTH 89 degrees 54 minutes East a distance of 147.4 feet to an
iron pin for corner, -
THENCE SOUTH 3 degrees OS•minutes West a distance of 94.25 feet to an
iron pin for corner in the North Boundary Line of Cast Sherman Street;
THENCE WEST with the North Boundary Line of East Sherman Street a,distance
of 142.3 feet to the place of beg9nning.
Tract Two.
Situated within the corporate limits of the City of Paris, County of Lamar
and State of Texas, being a part of the same 'land conveyed. Reinhardt Hollie by deed
recorded in Volume 651, Page 267,, of the Deed Records of said County and State and being
Lot 5 B, City Block 115 as shown by a Re --plat duly recorded in the plat Record's of said
County and State and being further described as -Follows, to -wit;
BEGINNING at an hart pin for corner in the East Boundary Line of 6th Street
Southeast, situated North a distance of 93.65 feet from the intersection of said East
line with the North line of Shersan Street and being the SWC of said Lot 5 8,
THENCE NORTH with the OL of 6th St. 5E a distance of 93.65 feet to an
Jton pin for corner, the NWC of ,said Lot 5 8;'
THENCE NORTH 89 degrees 48 minutes East a distance of 152.5 feet, to, an
iron pin for corner;
THENCE SOUTH 3 degrees 06 minutes Fest a distance of 94.25 ft. to an
iron pin for corner;
JH ENCi: S 89 deg. 54 Min. W a distance of 147.4 feet to the place of
beginning. .. '
Being the same property as described in deed from Reinhardt Hoilje et ux
to Glenn E. Billingsley and Charles E. Vincent dAted ,ia,vtary 5, 1983 of record in Bonk
652, Page 285, Lamar County Deed Records:
EXHIBIT A
PAP,C dam: (Magnolia) continued
a
17U6 6-2020 _ C al11lZ94S) 10:39:4U AM Page 4 of 5
e
Situated within the corporate limits of the City of, Paris, Texas, a part
of the Larkin Rattan"Survey and described as follows, to -wit:
BEGINNING at a stake in the ES line of 6th Street S.E. at a point 190 feet.
North from its intersection with the NB line of Sherman Street.
THENCE EAST 254 feet, a stoke in the WB line of what was formerly known, as
Wore Street;
THENCE NORTH 130 feet, a stake at the NE corner of the Crawford lot;
THENCE WEST 264 feet, a stake in the ND line of 6th St.S.E.;
• THENCE SOUTH 130 feet to the place of beginning.
Being the same property as described in deed from Joe 4. Lair et ux to
Charles E. Vincent and Glen E. Billingsley d/b/a V 8 8 Development Company dated January
1,1984 of record i'n Book 565, Page 583, Lamar County Deed Records.
Tract Foulr.-
A part of the Larkin Rattan Survey 0 Din the corporate limits of the
clty of Paris and of the property conveyed by Ben H. Cenion, Special Cgumissriontr for the
Par
of the J.C. Moora Estbtes, to A.s. Wynne an Nay 7. 1865 by dead recorded
-in Book V-2, Page 66, Lemar County Creed Records, described by metes and bounds ns
follows:
BEGIANltiG at a stoke in the Esti line of 6th Street S.E. at the SW cbrner of
•said Denton. Special Commisstaner-Wynr►e: lot,
'MEKE ]NORTH with the E9 line of said Street 50 feet, a stake;
TI4EHCE FAST 250 feet, a stake in the till line of said Dentop. Special
Cnusaisstoner-Uynne lot and the We line of Harrison Ureet.
THEKE SOUTH with the WO line of ilarrizon Street 50 feet a stake ht the SEC
of said VientapAynne lots
]HENCE MT with Its SB line 250 feet to the p1Ate of beginning -
EXHIBIT A
PARCEL. ONS: (7vfapolia) continued
. A ra-at,Mvv"'.►
srez.o xores
1„70b76-2Q2D 05/11/2Q201Q;3.9AQ AM Page 5 of 6
Call
r..
•5ltuattd Hltbin the Corporate lamtte of the. City of pnrla, County
of Lamar, and state or Texas, h part at the Larkln Rattan 5orvey #77n,
atlyd balrig a part or ttact 5, parcel C, and a part of tract S, parcel
Br as ranoeyod Anthony leeith Hollje and Daniel Cragg Reade by dmod
recorded In Vol_ 220, Page 1ga, of the neat property gedardm of salla
County and State, and baing a part 04 lot 5, City Black 115,
Beginning at an iron pin tfj tog Corner in the North tloundary r.1ne
of Sato tract 5, pascal C, said point boing Easterly a distance of 1$3.:12
!'t. tram the Northwest corner of saike, said point tieing the Northveat
cor"ev of lot S, the Northeast corner of lot: 5-9, and Let the South
Boundary Line of lot 4e City 316ck 115..
rhsnCO along the north Boundary i.lne o$ tract 5, parcel C, And S
lot 5, City "lack 115, &A (allows; Horth 99 Mg. $6 Nin., 54 Sac. Bask
a distamm of 100 xt. to an iron pin if) -at the Southvsut corner of
7t11 S.B., said paint also being the Southeast eornsr of lot 4 (lot
conveyed Harney N, Scar IIx and Bayo wd ,Tones by dead recorded In vol.
72, page 132, of said Heeordsj, City Block 115, South e9 Deg_ 30 H1n. 1
06 Sac, (asst: a distance of 39 ft. to an Iron pen 1sj for corner at tho
Southeast;1carser of aaxd 7th S.B:; I1
Ttienctt 664th 0 Deg. 19 Min. $2 Sec,. Hetet a distance of 199.94 ft. �
to an Iran pSn le) for corner;
'thence along the Nortb Hounaary Line of Z. Sherman St. as follows”.
Horth 04 Deg- 20 Min. 28 Soo. Hest a distance of 44.11 it. cc an iron
Pen 14) t .Xround a curve (RoI90.4446, c..Noirth 06 Dag. 56 Rin. S1 sop.
Neat 44.61 ft.) to the left a ftstance of 44.02 It. to an Bran p1h (v)i• +
North 49, Deg„ 32 Rin. 53 Sec, Nest a distance of 19,5 ft_ to an lrort
pin js) fair tamer at the southvesk carnex of lot 5, and the souti►ez of
corner of lot 5-h, City Block 135, said point being Ip the south moundsary
Line of track 5, parcel a,
Thence, Horth 3 bag. 19 Mo. 25 See. East a distance of 189.66 ft.
to the plane of begSnning and containing 23,674.89 sq, ft. 10.6353 acrca)
orf land, of which 746.99 sq, ft:. of land in cantalnad in a 5 ft, strip
of land to be, aged for ROU bedlostlon purposes as Hhovn hareon.
It J -M- ttpleon, &agi6tated 8rateasional Land Surveyor aX Texao,
64025, cartlgy thbt the above depicted and Oeacrl bed tract of land was
taken from an actual survay• trade on tlto ground and completed by the on
tht 7th day of Donamber, 1904, and that no part of this tract 111es
In a flood zone sit indicated by the Padoml flood Insurance Hap*.
I �'texaa, /•14x5 date
l4e4ae4 Stir o7in9 Ca. JK Ne1wn. RPt% bi tavawr /4045 920 H. M06 4l. Falls, Yuan 7'5+160
9034asrl55t taw got -705 31st"
EXHIBIT A
1 1U0 t5-1U2U _Ub111 /-ZU2U 1 U;:39;4U AM wage b of b
PA,RCBL ONE- (Magnolia) continued
Tract Six:
. Of PlIft County of iarnar. a
s0ualed wffhfrs thO Corporate Umtts at thin C1t9gill 51810 Of
Texas, a part of 186 Lorkln nation Survey Ms. and being a pad of trw 5, p0rael A. and a pan
of trod 5, parser a, a$ srinveyog Arthoay ICelllt t{o11)a and 1780fol GMn Hqu)0 by deed meort2nd
In Vat. =17. Pane 10. of Yw Root pmpedy Records of Feld Courtly land S4110, and bsT119 8 paK
or.lols, city 870ck 118. Baundo
Bepinntng at an trod 0 (s) tm Gonutr In 11,116 HOA11 ctr n d 11 1"act 721E item !ho i 1 Puma'
& sold
point hefng Nolt1•r 00 at*. Mlrt 69 S� Wes1 a dlstsn rte of tot 5 end In fha ~� Boundary
of same, aefd polar Aso being In tho North Boundary U ,
Une of tot 10;01Y Bloch 115.
Thnnca SovUf 0 C)a9 19 Min. S2 Sac, W451 a dt51OACA of 2011.40 A, 10 an Iron Om (3) for
oamnr,
Thence Nosh 04 Deq.3A n>l1n, 20 sec Ihreat 410nd the IsoM 0oundary Quad 1 a led IA-"
FM a rltrtanra of 5022 IL loan bon pin (q for =moral thewSaWtoust � d ea rgco�cdttnd la Your,
ucne (aett QMA-C. Ctry;1)10011g) oI land corn+eyed Barney X by
521 p10411101. of told F ow.1dxfar comer
North 10 007,19 Mtn. 52 SOO, East 11 fltstanf a 01,1118.04 It to an imn pin (1) est corner
atlho Northeast comprgf sold lot S -C, gra Saulbwod wma of tut 10, and the SOuIlfy
of7Uf S,E;
along0S Soc� End
1,outh Boundary Utl Ot tat 10,danti area a1OnD thet'foAh Boundary Etna of Imcl S. parcdl c aM!
• ; tract S. parcO A. a d1aftaw of 50 M lA 0h0 PICoe M fit iA its W4 cdnlalydn0 0 21 Qv -of
land, or 10,1 Gk9 sq. A,. td rand, and to be 109 &0. C"
Triet Seven:
situated wlltdrt the earporals Unrhs of 1w" of Parls. Courtly of tamer and Slate of
Texas. a Berl of the terpin FioA2n Survey 87'78. Apd belep paRof tots cahvvyed Anthony Ketth
itOnao oto Danitt Cstag9 Hgttjo by demil ccwrded M VOL 72.0. F00190. of 4he Raaf Property
Retards of sold County and &tate, 2nd being tho terftalntng part of lot S, a part at IOL e, and all Of
lets B =q7, City Brock 0115 (plat nal r9CWtO,
GV&ntnq at A capped (JMN 4025)TMa pin (s) foreomar at lbs SO r N011 corner of Said lot
7 (being trad ;* In Holga dae4.
no— North 0 Dep, o7 Adie. 54 SOC. East WOOS t1161 west evundary tine 111 51h 5.8, e
Alsrance of 106,74 IL to a exppad OMN - 904115) fronprnt 1y) ton comet In the Ease Boundary Line
orsatd rot a (betno the East l�gyftday Una of trail VA In HO11le 116EM,
'boom West a dfslatiw of 2M54 f4 to a capped (JMN - 40251 Iran pia W for )tact er In tha
to
Wesi Boundary ttae Of said lot 8 and the East Souncimy Una of Said cal S (4einp
Hanle deed);
7M9nco Npdh q Dog. 01 NA 411 StIC. East s dManco of 16.72 11, to An 11011 pin tri nor r,Omer
at the 1'1ti!(O yma tamer of said lot 6 and [tie NarthOesl Cbtndr'Or sold 1015, said pDEnt being 16 the
Soul'; Boundary Line a(Int 6 (being tram 01 -Ain Hieb dead),•
Ili— North so 170g, 30 Ms. 29 SCO. Vftu along the Nests Boundary Lina Of tot a "a
distonoval83,72 IL to a cappftd (JMN- 4015) tion 1'111(s) for Car71sre1 I1fo Nathevo comer at lot
S -Q said lot 5.0 bting ootwayed Gary IeRlaril by, dead reeordtA In VOL 679. Pone 112. 61121d
Records, said point hafh9ln the Scutes Boundary. We of tat 117, Gtty block 118. Isid tat 101beinq
Coanyod'rer► Rt1Ote6 till deed recaldad In VOL. 469, POP ISa. of said Roeords;
Thera$ Sau1h 0 f.iap. 10 Wit. 19 390. WAXIL a disianaa at 204.51 it. 10 a r.. P61' UMN- 4025) ,
Ifon pin (4) for Como at the southoast comae Of said lot $.a.
Thence atnna the Honli eaufwary Una of I:. SAonmin St. es faUo vs: Sculh 84 049. 20 W-
41 Seo. Sari a dtstanea of 29.42 M 10 an hmf pin (f). South 90 poo. 2p rain, 19 Seo. East it
dis ilia Of 58.51 1{,16 on Iran pin (f); NOM 99 0e0. y4 MtO. 50 $114 East A OIM40Cd Of 700.5 A.
to tha place at bnpinr4np and containing 1.20:7 arae* of Jam, dr$4 527.x5 4.q, IL Mand.
EX.HLB T
i
yl�is eument lids beenre are recce, Magnolia
w thrs t1, t.� bene rt �a true ��ri #%n.
"NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON,
YOU MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING
INFORMATION FROM ANY INSTRUMENT THAT TRANSFERS AN INTEREST IN
ILEAL PROPERTY B�'I'y�NTIS FILED FOR RECOIN UMBER OR YOUR ARIVER'S LICENSE NL7MBEPUBLIC R�S:
YOUR SOCIAL SEC
SPECIAL WARRANTY DEED
(Land Contribution)
THE STATE OF TEXAS
� )KNOW ALL MEN BY THESE PRESENTS:
COUNTY OF LAMAR §
THAT THE UNDERSIGNED, JESSICA BRAY RICE, not joined by my spouse as
this constitutes no part of our bomestead, hereinafter referred to as "Grantor'", whether one or
more, for and in consideration of Ten Dollars cash and other good and valuable consideration
including the making of a contribution of the reat estate interest described herein to the Grantee
herein, has GRANTED and CONVEYED, and by these presents does hereby GRANT and
CONVEY unto THE MAGNOLIA PARIS, LLC, a Texas limited liability company, herein
referred to as "Grantee", whether one or more, all my undivided interest in the real property
described as follows:
SEE EXHIBIT A ATTACHED HERETO;
To AVE .AND TO HOLD the above described properties, together with all and singular
the rights and appurtenances thereto in anywise belonging unto the said Grantee, Grantee's
successors and/or assigns forever; and Grantor does hereby bind Grantor, Grantor's heirs,
executors, successors and/or assigns to WARRANTGsuccessors ors and/or FOREVER DEgFENDa ll and every
singular
the said real estate unto the said Gran art thereof, b throe or under the
person whomsoever claiming or to claim the same or any p Y
Grantor, but not otherwise.
This conveyance, however, is made and accepted subject to any and all outstanding
mineral interest, restrictions, reservations, easements, covenants and conditions, if any, gelating
to the hereinabove described property as the same are filed for record in the County Clerk's
Office of Lamar County, Texas,
_ __. ..._. _ .�................ _r_.. ....... _... �._...
170675-2020 _ W_ Pagers: 6 No
06/11/20211 101'39:40 AN By.- i:rethman
Lamar County, 7X
111111111 I*Ifli 10111111111111111111 III] loll QIIIII II oil Ifs II I
170675-2Q2Q Q5/11 /2Q2Q 1 V:3MQ RM Page 2 cif 6
EXECUTED EFFECTIVE the AY OF MAY, 2020.
S : CA BRAY RICE
STATE OF TEXAS §
COUNTY OF DALLAS §
The foregoing instrument was acknowledged. before me on the _(j!—! -day of MAY, 2020,
by JESSICA BRAY RICE.
Notary Pub'Stater o 'Texas
My Cor piss on Expires Notary's Printed Name
J01H M a b$ 0110
.:' Drat,► f
FTEW
Grantee's Address: t 2624
(4fter Recording, Return To:}
THE MAGNOW PARIS, LLC
P.O. BOX 6365
Parts, TX 75461
17Q675-1U2Q Q5/11/ZQ2Q 1Q;39AU AM Page 3 oT 5
o »,
PARCU ON]i (Magnolia)
Tract One:
Situated within the corporate limits of the City of Paris. County of Lamar
and State of Texas, being a part of the Larkin Rattan Survey and being a part of the
same land conveyed Reinhardt Holljo by deed recorded in Vol_ 651, Page 267, of the Deed
Records of said County and State and being Lot.5-A, City Block 115 as shown by Re -plat
of Lot 5A City Block 11S duly recorded in the Plat Records of said County and. State
and being further described as follows_
BEGINNING at an iron pin for corner at theintersection of the EBL of 6th'
Street S.E_ and the XBL of E. Shet'man'St., the SWC of said Lot 5 A.
THENCE NORTH with the East; Boundary Line of 5th Street S.E. a distance of
93,85 feet to an iron pin for earners
THENCE NORTH 89 degrees 54 minutes East a distance of 1.47.4 feet to an
iron pin for corner;
THENCE SOUTH 3 degrees 06.miinvtes West a distance of 94.25 feet to an
iron pin for corner in the North Boundary Line of East Sherman Street;
THENCE WEST with the North Boundary Line of East Shevman Street a.distance
of .142,3 feet to the place of beginning.
Tract TWO-.
Situated within the corporate limits of the City of Paris. County of hamar
and State of Texas, being a part of the same land conveyed Reinhardt Hollj a by deed
recorded in Volume 651, Page 257, of the Deed Records of said County and State and being
Lot 5 8, City Block 115 as shown by a Re -plat duly recorded in the plat Record's of said
Country and State and baing further described as follows, to -wit:
BEGINNI14G at an iron pin for korner in the East Boundary Line of 6th Street
Southeast, situated North a distance of 83.85 feet from the intersection of said East
line with the ;forth line of Sherman Street and being the SWC of said Lot 5 B.
THENCE NORTH with the EBL of 6th St. SE a distance of 93.85 feet to an
I ton pin for corner, the NWC of .said lot 5 B;'
THENCE NORTH 89 degrees 48 minutes East a distance of x,62.5 feet. to an
Iron pin for corner;
THENCE SOUTH 3 degrees •06 minutes West a distance of 94.25 ft. to an
iron pin for corner;
beginning. .. ,THENCE 5 89 deg. 54 Min. W a distance of 147.4 feet to the place of
Being the same property as described in deed from Reinhardt Hollje et ux
to Glenn E. Billingsley and Charles E. Vincent dated Jawiary 5, 1983 of record in Book
652, Page 285, Lamar County Deed RacordN,,
EXHIBIT A
1 IU6lb-ZIJZU Wl7„j11U107U. 3,9AU AM huge 4 of b
r
PARCEL ONE: (Magnol€a) continued
irraci 'rh ree:
Situated within the carparate limits of the City of, Paris, Texas, a part
of the Markin Rattan`"Survey and described as follows, to -wit.,
BEGINNING at a stake in the EB line of 6th Street S:E. at a point 1.50 feet
Horth from its intersection with the NB line of Sherman Street.
THENCE EAST 254 feet, a staLke in the. 418 line of what was formerly known, as
Moore Street;
THENCE NORTH 1$0 feet, a stake at the NE corder of the Crawford lot;
THENCE WEST 254 feet, a stake i Il the A line of 5th St. S. E . ;
THENCE SOUTH 130 feet to the place of beginning.
Being the same property as described in deed from Joe W.. Lair et ux to
Charles E. Vincent and Glen E. Biilingsley d/b/a V & B Development Company dated January
•3,1584 of record Tn Book 665, Page 583, Lamar County Deed Records.
'Wrack Fear:
R part of the Larkin Rattan Survey ktthin the corporate limits of the
CIty of Paris and of the property conygyed by Ban K. Oenton, Special Commissioner for the
Partition Of tlsC J.G. Moore Estatkb, to A.H. Wynne on May .1. 1485 by deed recorded
AA Book V -Z, Page fib. Lamar County Deed Records, described by metas and bounds as
• foltcrws:
OEG,lli ItIG at a stackt in the ER line of 6th Skr"t S,E. at the SH corner of
_ said Denton, Special Cortmi53{aner-Wynft lot;
THENCE NORTH with the a line of said Street 50 feet, a stake;
THENCE EAST 250 feet, a stake in the E9 IIne of said Oenton, 5peo141
Cc misstoner4lynna lot and the W13 line of thkrrison Street;
THEACE SOUTH with the WB line of Harrison Street S4 fee.t a Stake at the SEC
Of said Pentar-?lynne tot;
THENCE NEST With Its 50 line 250 feet to the place of beginning.
EXHIBIT A
PARCEL ONE: Nagnolia) continued
05/11/2020 1(3.39:40 AM Page 5 of 15
Cal 1
¢..
"situated within the corporato Liralte of the city Of Purls, County
of bam6C4k and Stato of Texas, a part of the Garrkin Rattan survey R77BS
,and baing a part of troct 5, pascal Co and a part of tract 5, pffIrce,
la, 86 Con+leyed Anthony Reith Hallje and Uanlel Gregg Hollie liy decd
recorded In vol. 220, Fage 190, of the eteai Property itrecovda of "id
County and Stisce, and being a part of lot 5, City Block 115.
zoginniny at: an Iran pin (fl for corner In the North edundaKy Line
Of said tract 5, parcel c, aald point being Easterly a distance ai 153.32
ft. from the Herthwe5t corner of same, sold point being the Narthw4adt
cornea sof lot 5, the Northeast corner of lot 5-8, and in the Soluth r
Boundary Line of lot 4, City Blbck 11S_.
THenCe along the North Boundary Line of trace 5, parcal C, and
lot 5, Cite Black 115, as follows; "oath 09 flag. 56 Min. 54 Sec. Cast
a d,latanee qf° 100 it. to an irrcra pin 1 f l - of the Southveat: calmor of
7th 5 . E, $a
id 8 Sd point rslso being the Southeast CgYwer of lot 4 f.3Gat
conveyed Barney W. Bray Sit' and Maymood Jon" by gleed recorded in Vol.
72, saga 172, of cold Recordoi, City Bleck 115; South 09 Deg. 30 Min. t
019 Sac. £laat t distance of 39 ft. to pm iron pin isl for corner at the
Scuthu;edh Carper of said 7Ch S.E.; l
7tiencs Sbath O nag, 19 Min_ 52 Sec. West a distapoe of 199.94 ft:.
to an iroo pin 1s) for tamer;
Thence along the north Boundary Line of S. Sherman &t, as follows%
IfOrth 94 Del- 20 din. 29 Seo, West ti dl5tance of 04.11 it, to as Iron
Pan 1-0, Arc,und a curve t,R-490.4648, C Korth 86 099). S6 ttln. 57 Sac.
hest 44.61 ft.l to tha laftt a distance nt 44.62 ft. to an ?ron pill Csl;. ,
North 69 Deg" 32 M -1n. 53 Sec, Hart a distance of i9.5 ft. tc sn 1VOrx
pin tsl feX eaYnQV Bt the SouthV40t corner of lot ,S, and the Southeast
corner of lot: S.A, City Block 115, said point being in the South Boundary
Li ae of trocrt: S, pa>w t:ei 193
9'hanam 14ortb 3 wag. 75 mAn. 25 saes, eaut a 4LStance of 145.66 ft:.
to MV plaCO of beginning and containing Z7 S74.89 oq, ft. 10.6353 aaranl
Of tared, Of which 746.99 oq. ft, of land Ia contained in b S ft. ztrsp
of land to bm.ueed for RON Dedication purposto as shovn hereon.,
Z, r7.1i_ Nelson, Reglpterad Protevalonall Land surveyor at Tekan,
141025, earrtlfy that the above depicted and described tract of loved was
taken from an actual survey,made on the ground and cahploted by aro on
the 7th day of Deceahar, 1994, and that; no part or this: tract lids
In a flood zone a6 indiaabW by the Ftdorral Mood insurance Haps.
•�-yf--
pJ'�Ct9np,,.
N•r±,en Swjr`ro kh9 Co. J.9. Hetwn. WAS of rmsoma 14073 9711 M. Main St, Aaale, rues 75464
P03-785-335! fog 20-765-3.199
EXHIBIT A
PARCEL ONE: (Magnolia) continued
1 fUb /b-ZUZU U�/11 /ZU1U 1 U::39:4U AM Frage b of b
Tract Six:
• Saualed whin tha•CapMM tlentt0 of theCity 4153*"' County of L1ie11ar, anQ Slato of
Texas, rs part of Ina LorMa nonan SurvaY Arno, and beings pad of rrna 3, pieced! A. aotl o pan
0f trod 3, percdt C, ai tatn5rayW Rrtthany Keht1 ""0 end Uantat G 1toN(a t1Y dead reaerdaa
to Vol. 220, Face 104, of the Rear FWPedy Records o1 fiord County end State, and bofn0 r< $Ad
01.1015. Clay 6larA 11 S. , a, areal A. natal
BftTVaing of an Cron pin IS? fat (OMAF in Ilia M0h 84VAd;try .., _ of I.roat S, P
path hefaa North C9 Dag. 3li Mtn. as 9ee:, to M a dtstanoa of a3.72 R (man the Norib east Camay
of "me, sold point also Winn fn the wrth Eatindary Lina of IM S and in Use Soulh 84"ry .
Line offal t o: Coy ffioa 1 t to s for
'Chance South a Dcg, 19 Mtn. 52 SGC. West a distonaa at 204.94 n. Io an Iran p () -
4ornar,Sharman
'(*ionto Korth 04 Qaq. 20 Nil,,, 2.8 See wipst Stang 1110 North Boundary Cine of F�
51. a dtdar— of $022 fl. 10 on iron On {4 (rte eauner at the 5eenhotst PMnar of o egged 0.035
actor I 0 obi 5-G, Ctly,8100 115) of land caroreyed Gamey 1N. bray In by coed rgcotded in VOL
5:s2. papa 141, Of sold Rata= at
*Maned North a Doq.1a fdln. SZ:Som am a dlefance aI`tt1RA4 tl. Ia ran yen pin (f} faf Conl
at the Nallboast %imurtif said 1d15 -C, me BIw1Mvre51 sorter fit tot 10, Dad the S4u1ttslast Comar
of 711: MV --.he
Thence South all Dag. 30 Mtn, Ag 13ac. Cad elaag lho t4orM So"dory line of la"
and the
South Soundary Una. at 10('10, and also atone the Nodh Boundary ki
ng 91 tract S. Parcel G 4W
IfgG k Ae+eaf A. D dtaia lea of 50 M to tha place of beolnntna and sm1dalntn0 QJ -521q* -df
la -.d, at 70,109.0 sq. fl. bf iao, a„d to bh Im S -D' City 9lork Its.
Tract &-vaII:
41tuated VAJUT11 the Corpmtets L1mhs of the CMtr of Parts, county of Lame(. and State of
Tax". a part of G1e U*M Rana" Surrey Mik Ind being pattof toi5 conveyed AMhany KN9h
Hon)a and Dante] Gregg Holne by deed Mwided In Val. 0.,20. page Iain. of The Rent Psopnrry
Retards ofsaid cotulty and StM. and tieing the MaiBlattsa Fait of lot S. a pad of tot 8. and Qh of
Icts a xnd 7, city Bock 5115 (lira( not verAO10).
I)COMOittg at a cappald (JMN -•4gt9) IMP Pip (3) for eoMer at iht+ 5trtrlheast comer at Said tot
7 (being Usni 92 in Ho11Ja dead)
'theam North 0 Defy, a2 min. M Sao. East otonp the Waal Swridary Una of dlh
dfSlanw ar 108.44 n. to a capped (JMN - 4025) frog p14 ts) fat earner In the 8951 Boundary Une
W 5213 tot 8 (being the EM Elttundery Una bf trarx #4 In 1-10118 daalf)'
Thence West a dfatanest 61200.54 M to a capped (jMN 4425) ltah pin (s) for ea a #14y in In
West Soundary t1w of said tot a and Ina East ilaundary Uno of said tat 8 (bein0,
Hdlga daed)i
Then- N-01 a Dag, 01 Min, 03 Sar. Eest a drstence of 101 It. to an Iran 010 in tot rannat
at the Haft "s, corner a( 5,141018 errd If1t Narthenst Comerofa9id tad S, said paint being to IM
South Heaundaty Una of int 9 (being fact 01-A in Hattie dead);
Thence ReAh bg V". 30 Mtn, 2B :ec. West hong the North tlourtd4ty Lina or tot 5 a
distance of $3.72 FL to a capped (s1MN- 4025) Iran pie+ ($) tot mmaf al 1ha Northaasl comer of 101
-5-0. sold tot -1-D belno eanveyed Cary ltil IMI by deed fer4f0 s In Vat, 879. 1`00 132. or aotd
dtetanU, Sall point belay in the Scuth Boundary Uae of lot 10. City 91ocir 115, sato lot 10 being
ccfraayadTorl Rhodes by deed mcalded in V01.441). P29V 151), of said Racows;
Thonal etiviil o oep. 10 Min_ tQ Sec Weri a dL5lanea a1 Zi11,i1 R. to a ttappar (7fuiN ` 4015}
frort-pto (4) for comet at the southeast eomera(uatd tat :
Thxined Amino I" North'Bdvntlary Una of M shotrrt n SL as (enaa�s, South 8a Ono. 20 Mhe.
41 sae. East 9 dhunca at 20.42 ft. 14 an Inn Chi (Q: South 40 Dag. 20 U$% 19 Baa East 4
dlatanea of 51(,51 IL. to at, Iron Pin (q., NOM 08 UOg. 34 M)n- 59 Sec. East a distance of 200.41 Ft -
10 1ha ps,es of bogloritnq tied oonfaW134 1-2077noras of land. arsb,5M9534. R- 01 1944,
•
1
i`
D •
k
'
PARCEL ONE: (Magnolia) continued
1 fUb /b-ZUZU U�/11 /ZU1U 1 U::39:4U AM Frage b of b
Tract Six:
• Saualed whin tha•CapMM tlentt0 of theCity 4153*"' County of L1ie11ar, anQ Slato of
Texas, rs part of Ina LorMa nonan SurvaY Arno, and beings pad of rrna 3, pieced! A. aotl o pan
0f trod 3, percdt C, ai tatn5rayW Rrtthany Keht1 ""0 end Uantat G 1toN(a t1Y dead reaerdaa
to Vol. 220, Face 104, of the Rear FWPedy Records o1 fiord County end State, and bofn0 r< $Ad
01.1015. Clay 6larA 11 S. , a, areal A. natal
BftTVaing of an Cron pin IS? fat (OMAF in Ilia M0h 84VAd;try .., _ of I.roat S, P
path hefaa North C9 Dag. 3li Mtn. as 9ee:, to M a dtstanoa of a3.72 R (man the Norib east Camay
of "me, sold point also Winn fn the wrth Eatindary Lina of IM S and in Use Soulh 84"ry .
Line offal t o: Coy ffioa 1 t to s for
'Chance South a Dcg, 19 Mtn. 52 SGC. West a distonaa at 204.94 n. Io an Iran p () -
4ornar,Sharman
'(*ionto Korth 04 Qaq. 20 Nil,,, 2.8 See wipst Stang 1110 North Boundary Cine of F�
51. a dtdar— of $022 fl. 10 on iron On {4 (rte eauner at the 5eenhotst PMnar of o egged 0.035
actor I 0 obi 5-G, Ctly,8100 115) of land caroreyed Gamey 1N. bray In by coed rgcotded in VOL
5:s2. papa 141, Of sold Rata= at
*Maned North a Doq.1a fdln. SZ:Som am a dlefance aI`tt1RA4 tl. Ia ran yen pin (f} faf Conl
at the Nallboast %imurtif said 1d15 -C, me BIw1Mvre51 sorter fit tot 10, Dad the S4u1ttslast Comar
of 711: MV --.he
Thence South all Dag. 30 Mtn, Ag 13ac. Cad elaag lho t4orM So"dory line of la"
and the
South Soundary Una. at 10('10, and also atone the Nodh Boundary ki
ng 91 tract S. Parcel G 4W
IfgG k Ae+eaf A. D dtaia lea of 50 M to tha place of beolnntna and sm1dalntn0 QJ -521q* -df
la -.d, at 70,109.0 sq. fl. bf iao, a„d to bh Im S -D' City 9lork Its.
Tract &-vaII:
41tuated VAJUT11 the Corpmtets L1mhs of the CMtr of Parts, county of Lame(. and State of
Tax". a part of G1e U*M Rana" Surrey Mik Ind being pattof toi5 conveyed AMhany KN9h
Hon)a and Dante] Gregg Holne by deed Mwided In Val. 0.,20. page Iain. of The Rent Psopnrry
Retards ofsaid cotulty and StM. and tieing the MaiBlattsa Fait of lot S. a pad of tot 8. and Qh of
Icts a xnd 7, city Bock 5115 (lira( not verAO10).
I)COMOittg at a cappald (JMN -•4gt9) IMP Pip (3) for eoMer at iht+ 5trtrlheast comer at Said tot
7 (being Usni 92 in Ho11Ja dead)
'theam North 0 Defy, a2 min. M Sao. East otonp the Waal Swridary Una of dlh
dfSlanw ar 108.44 n. to a capped (JMN - 4025) frog p14 ts) fat earner In the 8951 Boundary Une
W 5213 tot 8 (being the EM Elttundery Una bf trarx #4 In 1-10118 daalf)'
Thence West a dfatanest 61200.54 M to a capped (jMN 4425) ltah pin (s) for ea a #14y in In
West Soundary t1w of said tot a and Ina East ilaundary Uno of said tat 8 (bein0,
Hdlga daed)i
Then- N-01 a Dag, 01 Min, 03 Sar. Eest a drstence of 101 It. to an Iran 010 in tot rannat
at the Haft "s, corner a( 5,141018 errd If1t Narthenst Comerofa9id tad S, said paint being to IM
South Heaundaty Una of int 9 (being fact 01-A in Hattie dead);
Thence ReAh bg V". 30 Mtn, 2B :ec. West hong the North tlourtd4ty Lina or tot 5 a
distance of $3.72 FL to a capped (s1MN- 4025) Iran pie+ ($) tot mmaf al 1ha Northaasl comer of 101
-5-0. sold tot -1-D belno eanveyed Cary ltil IMI by deed fer4f0 s In Vat, 879. 1`00 132. or aotd
dtetanU, Sall point belay in the Scuth Boundary Uae of lot 10. City 91ocir 115, sato lot 10 being
ccfraayadTorl Rhodes by deed mcalded in V01.441). P29V 151), of said Racows;
Thonal etiviil o oep. 10 Min_ tQ Sec Weri a dL5lanea a1 Zi11,i1 R. to a ttappar (7fuiN ` 4015}
frort-pto (4) for comet at the southeast eomera(uatd tat :
Thxined Amino I" North'Bdvntlary Una of M shotrrt n SL as (enaa�s, South 8a Ono. 20 Mhe.
41 sae. East 9 dhunca at 20.42 ft. 14 an Inn Chi (Q: South 40 Dag. 20 U$% 19 Baa East 4
dlatanea of 51(,51 IL. to at, Iron Pin (q., NOM 08 UOg. 34 M)n- 59 Sec. East a distance of 200.41 Ft -
10 1ha ps,es of bogloritnq tied oonfaW134 1-2077noras of land. arsb,5M9534. R- 01 1944,
Tli r docame l h be rePared as red e�sted, Magnolia,
without llxe bene fit o a line agn„tinaliltn.
"NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU AREA NATURAL PERSON, YOU
MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING INFORMATION
FROM ANY INSTRUMENT THAT TRANSFERS AN INTEREST IN REAL PROPERTY
BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL
SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER"
SPECIAL WARRANTY DEED
(Land Contribution)
THE STATE OF TEXAS
§ KNOW ALL MEN BY THESE PRESENTS:
COUNTY OF LAMAR. §
THAT THE UNDERSIGNED, DEANNA EAGLE BRAY, individually and as
independent Executrix of the Estate of Sarney W. Bray III„ hereinafter reforredto as "Grantor",
whether one or more, for and in consideration. of Ten Dollars cash and other good and valuable
consideration including the making of a contribution of the real estate interest described herein to
the Grantee herein, has GRANTED and CONVEYED, and by these presents does hereby GRANT
and CONVEY unto THE MAGNOLIA PARIS, LLC, a Texas limited liability company, herein
referred to as "Grantee", whether one or more, all my undivided interest in the real property
described as follows:
SEE EXHIBIT A ATTACHED HERETO;
TO HAVE AND TO HOLD the above described properties, together with all and singular
the rights and appurtenances thereto in anywise belonging unto the said Grantee,
Grantee's
successors and/or assigns forever; and Grantor does hereby bind Grantor, Grantor`s heirs, executors,
successors and/or assigns to WARRANT AND FOREVER DEFEND all and singular the said real
estate unto the said Grantee, Grantee's successors and/or assigns, against every person whomsoever
claiming or to claim the same or any part thereof, by through or under the Grantor, but not otherwise.
This conveyance, however, is made and accepted subject to any and all outstanding mineral
interest, restrictions, reservations, easements, covenants and
ndiin tiohe s, any,
ing to the
Office of
hereinabove described property as the same are filed for record
Lamar County, Texas.
170674-2020 Wow 6 WD
05/11/2Q120 10:36x40 Af7 6yi arelhman
Lamar County, Ty-
Ruth
X
11111 1111111111111hyllINrililli111161i!I11111ft
170674-2Q20 U5/11120-20 10:39:40 AM Page 2 of 6
K
EXECUTED EFFECTWE the 0 DAY OF MAY, 2020.
DEAN NA EAGL DR^
individually and as Independent
Executrix of the Estate of Barney
W. Bray III
STATE OF TEXAS §
COUNTY OF LAMAR § 6A
f� �y,
11
The, foregoing instrument was acknowledged before me on the �_ _.day of v / r
2020, by DEANiVA EAGLE BRAY, individually And as Independent Executrix of the state
of Barney W. Bray III.
Notary Public - State of 'exas
r,3 1
My Commission Expires Nouuy"s Painted Name
SPARKS
Y;*•`"',;�, Notary Public
STATE OF TEXAS
1D# 1043808.2
�y4�p
Comm. Fx . Fela,13 2p24
Grantee's Address:
(After Recording, Retuni To
BRA YRENTAL PROPERTIES, LLC
P.O. BOX 6:365
Paris, TX 75461
I
PARCM Mi Q&Polla)
I -
I M614-ZWU L)bj I I JZUZU I V�19AU AM I -age J Ot 6
Troct
I situated within the corporate limits of the City of Paris, County of LamBr
and State of Texas, being a part of the Larkin Rattan SUrvey and being a part of the
I deed recorded in Vol - 651. Page 267, of the Deed
same land conveyed Reinhardt Hollje by
Re6, rds of said Coqnty and State and being Lot 5-A, City Block 115 as shown by Re -plat
of Lot SA City Block 115 duly recorded in the Plat Records of said County and State
and being further described as follows.'
BEGINNIM6 at an iron pin for corner at the intersection of the EBL of 6th'
Street S.E. and the NBL of E. Sherman'St., the SWG of said Lot 5 A
I THENCE WORTH with the East Boundary Line of 6-th Street S.E. a distance of
,93.b5 feet to an iron pin for corner-,
THENCE NORTH 89 degrees 64 minutes East a distance of 147.4 feet to an
irob pin for corner;
THENCE SOUTH 3 degrees 06.minutes West a distance of 94.25 feet to an
iro� pin for cornet 1n the North Boundary line of, East Sherman Street;
THENCE WEST with the North Boundary Line of East Sheman Street a.distance
of 142.3 feet to the place of beginning,
Tract Two:
EXHIBIT A
110614-2U2U Ub/j 1 lZWQ 1 U:;39:4U AM Page 4 of 6
PARCEL ONE. (M agaolia) cont iued
rraaf 'rhrde:
•
Situated within the corporate limits of the City of. Paris, Texas, a part
of the Larkin Rattan Survey and described as follows, to --wit:
BEGINNING at a stake in the EB 'fine of 6th Street S.E. at a point 190 feet
North from its intersection with the NB litre of Sherman Street.
1'FiE(iCE EAST 254 feet, a stake in the WB line of that was formerly known, as
Noore Street; .
THENCE NORTH 130 feet, a stake at the NE corner of the Crawford lot;
THENCE WEST 254 feet, a stake lir the NB litre of 6th St.S.E.;
THENCE SOUTH 130 feet to the place of beginning.
Being the same property as described in deed from Joe W., Lair et ux to
Charles E. Vincent and Glen E. Billingsley d/b/a V & B Development Company dated January
•3,1904 of record i'n Book 565, Page 883, Lamar County Deed Records.
Tract Four:
A part Qf the Urkin Rattan Survey wsithin the corporate limits of the
City of Paris and of the proerty convgyed by Ban H. Denton. Special Commissioner for the
Paartition of the J.C. Moore Estates, to A.D. Nynne on May 3. 1885 by deed recorded
-in Book V-2, Page 66� Lamar County Deed Records, described by metes and bounds as
" follows:
BEGINNING et a stake in the ES line of 0th Areet 5.E, at the 5H corner of
"said Denton, SPectal Cowls$toner-r one; lot;
THENCE NORTH with the. EB line of said Street 50 Feet, a stake:
THENCE EAST 250 feet, a stake in the E6 line of Said Denton, Special
Commisstoner-Wynne tot and the 118 line of Harrison street;
THENCE SOUTH with the fab line of Herrison Street So fest a stake et the 5£G
at said Dentan-Mynne "lot.
THENCE VEST with Its Sa line 250 feet to the place of beginning.
EXHIBIT A
PARCEL ONE; (Mab ofia) continued
7PXE.ILo tfoTw
1 /Ub t4-2U2U Ub11112U2U 1 U:3'J:4U AM Nage b o? 6
Cal is
"Situated ulthln the Corporata Llrott4 of the elty of porin, Country
of LAMBra and St4to of TeX**, a part ag the. Larkin p4ttan Survey N?qnr
ens baling a part at tract 5, parcel C, and a part of tract S; parcel,
B, bs eorn?8yed Anthony xatth Wallje and ganiel Cregg 8011le by dead
cccaxded in V01_ 220, Pago 190, of the Real Property Aerordo at said
County and Stater and being a part of lot 5, City 1110ck 115_
Beginning at an Aron pin M fes Magner In the North Roundagy T.Ine
Of said taKact g, parcel, C, said point boirig Easterly a distance of 1�3.37
ft. ArOM the f orthoent: carnec of sage, saLa point briny the Nnrtkweyt
corner of .lot a", the Northeast corner of lot 5-B, and in the South r
aoundaey Line Of lot 40 4ty 816th 115..
Thenad &,long the North tloundary Line tyf tract 5, parcel c, ,and
lot 54 City 8143ch its, as fol3ovw: North 94 neg. 54 Min. 54 Sec. Sast 5
a distance pf 100 It. to an Iron pin if)'(kh the Sauthvaat corner of
7th 5.1;.,, said point: also bein4 the 4outheast corner of lot 4 (lot P
conveyed Barney ft. dray r -TX and Rayreond Jones by deed recorded In val. j
72, Page 132, of said 110000081, fifty Plock 115; South 69 Deg,. 30 Mln.
06 Brea. Sant p, dit,tahcs o1 38 ft. to 311 iron pint fa) rat corner at the
Southdaet darner of said 7th S.E.; 1
Ttisnce Booth a neg. 13 Min, 52 Svc„ Wast a distapcp of 159.84 ft.
EO an irart pin is) for corner;
Thence &,tang the Norio acrundary Line of s. Sherman St, as follows;
North e4 Deg_ 2p Min. 2a Sec. Went a distance of 04.21 ft, to an Iron
pain I.'It Around as curve fR+490.4649, C. -North 46 ung. 56 pin. 51 Sec„
ttast 9¢.61 ft.) to the Left a distance of 44.62 ft'. to an iron p1h fs);. '
North 99 Deg„ 32 Kin. $7 Sec. Hest % distance of 111.5 It. to an 3.rort
pin (s) fax Cofrner at the eouthilast corner of lot S, and the Saathabct
CtlrRer of lot 5-k, City Block 115, said point being In the South Bound"ry
Zino of tract 5, parcel P;
'thence North 3 esg. 19 HAn. 2S sac. Vast a distance 04 189.66 ft;.
to the piacei of beglnning and containing 2:2,6?4.ag sq. 1t. 10.&353 actual
Of Land, ae uhich 740.49 sq, ft, of land is contained in a S ft. strip
of Land to tae:, uaad ,for Ron Dedication purposes as above hereon.
Y, J-11. Noluon, RagiaCat:ed Ptafe4e.0nal Land Survoynrr of Toxau,
,4025, cOrU ZY that the above depicted and deacrised tract of land Wad
taken from an actual surrey' wade on t:hti ground and cctapleted by m6 on
the 7th day of Daceabt r, 1994, and that: no past of t:hiu tract lfas
Its a flood lana as tndicaLad by tb* Federal Flood Insurance »aper.
�Ot + SurwS C Co. AK Fth4 . RPLS of tmuot. 14QZ t 92D K Moln 5t, Fcrir. Toxas U460,
003-154-M51 tarot 903-10-3499
•
t
PARCEL 1ONEt (Magnolia) continued
1710574-=U ()5111=20 10:39:40 AM Page (5 Of 5
Tract Six:
rattudlolt w4Vn Iho•Corparata UMILS of the City 4 Pmts. County ai Lamar. a0¢ 51010 of
Texai, a purl of lho tap Wn (;tinge! Surudy=9, anti 1301uq o cart of WX 5, poraei A. Otw a pan
of trail S, parrsl c, as conveyed Arrthopy Kalm l4wUs, end 1'1OW01 Or%" Hna)e by deed mcnrdad
In _W_ 3217. Paoa 190. of the, Afaaf PmpOdy f#comts of sold Coanly and stato, and b0np a pea
61,101, 5. cry atntk 115. Lar^ O1, IroCS S, psr0ol A. snSd
8aplanln9 FA On Iron p!n (s) tar comer` fn she North Boundary,
palet botng North 139 Dag. 3a Satin. 00 Seo VVss1 a dlsiaaca of 43,T7 IL Imm the HoahO sst carnet
of soma, sold Wn, also being M the Notch eaundgty Una of lac 3 and is the SuWt BOundatV .
Unt, otful10, Lily Btocit 115.
Thohce South 1,l t1e0. Ig MIM $2 Sas. 'West a ;jWanmk of 204.44 n, to afr Iron Pin 0) Oat
COh1Pr; '
Thence Nadh Bt Dep„ 2D Mht, 2.9 Sec W89sloop Ota Montt Boundary flea at 1,r SDarMen
St, a dLdonto of 5462 ri_ to an clan Via (1) for tWn Or tent'" SOr MQW comer of a rtRod 0
va8 trod 0019-C, tihy.slaa luo of seod convoyed egrnuy w• &•9y I(t by deed m otded to VOL
522. pogo lei, otaatd vacarcis;
Thence NO1%1) Dap, 19 Mln. 5z sam East a dlstanco 6130,94 IL to an fton Pin (0 far r mil
attho YorOtaast oamernt Batd 101 S -C, Uta 6autttivesl corner at fat 10, and Ina Soulhttasf corner
at7in S:E
'M -mo sotith 09 De;?_31) Mla, 05 sm East afapp the tdontt soundary Una of Tot S and IN
,guutti Boundary cane at lad 1% and abo n1on9 the March TSoundary Una of tract 5. POmAI G wd
trxcf5, psncal,A. a,dJsfsmn of 5o rL to rho place of bo&n1np ww sarttoiMlnq *.2.121 4cm aI
W4 Of •1,6.1011.8 sq.11 of land. and to ba tot s.al. coy 814ck 11S.
Triet Seven:
SRuated vdthla the Cot"ralo UmAa of tlt0 My at lead%. CAWny 41' t2mat; and 5Tat6 of
Taxas, a pga at uta Lsrtete Aptt9la Survey 67'1'5. and being part of 1nt5 carrveped Ardhany K*Oh
HWI16 and Oantal Gregg Neige by dead recorded In VOL 230. POO 190. of Sha Real Plopeny
Recants d=id County end State. and being 1114 (emalnin9,part at tot S. a pan of T018. atrW all of
lois a and 7. City eloeh i 1t15 (plat nal ncadeci),
BeQkgWp at a capped pMN _ Agza'") lion pi" (s) for darner a1 the Southeast carnet of said lot
7 (batn0 Imo = To Hann timed).
Therma Notch 0 deo„ CO td)(t. 54 Sea. 150M QW10 the, Watt eaundaty Una of 111115.15- a
distance at 108.74 it. to a capped (JMN • 6025) frau pi» 15) tot comer in the IJas1 gaunriaty We
or sold tot iT Cbeing Ula Cftl Boundary Lina of beef 19 In Holge deed),•
'Menca West a distonw of 246.54 1,t. Io a Mapped (JMN - 4025) Imn pla tai for comet to the
Wast Bounriary Lina 6t said tot a and The East $oundary Lina aT said tot S (Dome Jrad A6.A In
Kolija died);
Maned htodh Q Dap. 01 UK 07 sat, East 9 dhtanso of 10.72 ft. 16 an iron pin (f) far conlnr
at that 14aN im mater of said lot 9 and Iltn Northeast comer df sold Ial S. sold Point WOO !a IN
9Qalt18wmdwy llna: of lax 0 (botrill tmct Ot,ATn I Wqa deed);
TbWCn.Ifofih 59 DM 20 Mtn. 229 5cc. West along the Noah Mundary Lina at Tot 5 a
dlstenca of 0.1,72 R, to a aaGpot! tJMM- 4W) Iran Pio (s) tar coater at ilia Nadhaas4 cornt r Of tad
807. asld lot 5-13 baing mnvayed maty Wft4 d by dead reairt!W In VoL 419. Page 1,12. of Slid
NpCovds. said point haing in the Seulh Satmdary One of t4T 10. Cily Plock 11S, said lot 10 bEintt
c ormyed%d Rhode$ hY deed M rord0d in VOL 469. Pao ISO, of said Flaedrtls:
Titnnca 3ouilf p pep. 1Q Mtn. 16 Sea West 1,t di+sManm of 2114.41 a, to a wpp+f VNIN. 402S)
Iout.pin W foreonaar at the southeast comae of sard W.S.D.
7110Ma along the NorCM'eamnaafy Una of S Sh0rm5n SL aS fohotvs! 8auth B4 Dap, 20 Moa.
Al sae. Basi a dlolance at 28,42 rt, to an ffon pia (4); south 40 hoo. 20 Hite. 19 SO% East a
dislanGa 01,59.Si fL to an Iron p7n (f}. North tto t)t0.34 Mia, Sri sac. East a dtWaoca al 209,45 ti.
10 Um platy of boplontng and cantafnin0 t.29l7f• aaraa of laW. or 56.52105 d9. IL al12nd.
k IDIT
Yi
SII
Exhibit 2
RESOLUTION NO. 2025-025
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS,
TEXAS AMENDING THE GUIDELINES AND CRITERIA OF THE 5 IN
5 HOUSING INFILL DEVELOPMENT PROGRAM; MAKING OTHER
FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND
DECLARING AN EFFECTIVE DATE.
WHEREAS, on January 27, 2025, the City Council of the City of Paris, Texas passed
Ordinance No. 2025-003 creating Reinvestment Zone 2025-1 designating certain areas
inside the city limits to be eligible for the Residential Tax Abatement Program, said
ordinance re -designating and renaming Reinvestment Zone 2020-1; and
WHEREAS, after a public hearing on January 10, 2022, the City Council passed
Resolution No. 2022-003 stating its intent to establish the 5 in 5 Housing Infill Development
Program (hereinafter "the Program"), including such incentives as low cost land sales and
residential tax abatements, and adopting guidelines and criteria ("Guidelines") for the
Program; and
WHEREAS, in Resolution No. 2022-003, City Council designated an area within
Reinvestment Zone 2020-1, now named Reinvestment Zone 2025-1, (the "Program Area")
as being eligible for the Program; and
WHEREAS, the City Council has, from time to time amended the Guidelines so as to
better align the Program with desired outcomes; and
WHEREAS, the City Council finds it in the best interest of the city and the Program
Area to provide that new construction under the Program be in accordance with the
general design of homes within individual neighborhoods so as to provide neighborhood
uniformity within the Program Area;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
PARIS, TEXAS, THAT:
Section 1. The findings set out in the preamble to this resolution are hereby in all
things approved for all purposes.
Section 2. The City hereby amends the guidelines and criteria of the 5 in 5
Residential Infill Development Program in conformance with Exhibit A attached hereto and
incorporated herein by reference.
Section 3. This resolution shall become effective from and after the date of passage.
PASSED AND APPROVED this 12th day of May, 2025.
��•``�F,JHEr CI),y'��,,�
ATTEST: C, 9� -
cn —
City
J ice Ellis Deputy City Cleak �'«'►ii�it" �'
APPROVED AS TO FORM:
4Dphie H. H*is,,ty Attorney
M iU.- kaj, Mayor
PL. -INFO -0007 (rev 05/12%2.5)
5 IN 5 HOUSING INFILL DEVELOPMENT PROGRAM GUIDELINES,
CRITERIA & APPLICATION FORM CITY OF PARIS, TEXAS
Revised Ma 12 2025
"1. GENERAL PURPOSE AND OBJECTIVES
The City of Paris, working with our local government partners, is seeking to provide a series of builder
incentives designed to encourage new home construction for the purpose of neighborhood revitalization
and the provision of work force housing. New home construction within the existing interior of the
community can have a positive effect towards reinvestment in our neighborhoods by providing stability
and enhanced character, as well as a means to expand our community's local labor force. Focusing on the
existing interior of the City allows the builder to utilize existing infrastructure rather than the extension of
costly streets and utilities in undeveloped lands at or beyond the urban fringe. The City further seeks to
ensure that new construction within the Program Area and undertaken in connection with the Program is
consistent with existing housing within the neighborhood in which it is being built so as to provide for a
pleasant aesthetic for both current and new residents in the area.
To achieve this purpose, the City will offer a series of incentives depending on the type of housing to be
constructed (see Section IV herein):
1. The City will provide low cost residential lots in the Program Area in tax foreclosure city receivership
to Applicants for the construction of single-family homes. This incentive is available only for the
construction of single-family homes. If an Applicant obtains properties through other traditional
means within the Program Area, other incentives within this policy may apply.
2. The City will offer three (3) to five (5) year residential tax abatements of City property taxes
attributable to constructed improvements depending on housing type and as reflected in Section IV
herein.
3. The City will offer reduced rates on building plan review and permit fees as reflected in Section IV
herein.
4. The City will offer reduced rates on labor charges on water and sewer tap fees as reflected in Section
IV herein.
The city staff will work with interested builders to identify parcels from a pool of tax sale lots in trustee
status to develop a list of properties that will be suitable for the construction of new dwelling units. This
may consist of single-family, two-family, medium density, or high-density residences. Prior to any
construction occurring from which the builder is seeking incentives, the Applicant will enter into an
Agreement to be approved by the City Council for the new construction of residential dwelling units on
one (1) or more parcels. Each of the dwelling units subject to the Agreement must be constructed under
the terms of the agreement within five (5) years from the date of the Agreement, unless such deadline is
extended by subsequent approval of the City Council or unless the City and Applicant agree to a shorter
period of time, which deviation shall be reflected in the Agreement. All parcels under the Agreement must
Page 1 of 7
i/r�7,,� 7"Ifii4�1r3Q.731..k]/ifk isit��4f�I (I�ifrk4C1
PL -INFO -.0007 (rev 05/12/25)
be built upon within five (.5) years to satisfy the terms of the Agreement. Failure to achieve this goal will
result in certain claw backs as provided in the Agreement. All applications shall be considered on a first
come, first serve basis, and the City will not maintain a wait list. There will be no Income guidelines sander
this program for occupants of the dwelling units, whether owner or renter occupied. In the event the
applicant constructs a neer dwelling unit and sells .said unit, the tax abatement shall lapse and be
terminated as to that parcel unless the City Council approves an assignment of the tax abatement
agreement to the neve owner.
In order to further encourage local development, employment, and enhancement of our economy, to be
eligible for incentives in this policy, building materials and fixtures used in the construction of new
dwelling units, where possible, must be purchased locally within the City of Paris.
lIu
DEFINITION TERMS
Act - The Property Redevelopment and Tax Abatement Act, Texas Tax Code Ann. 312.0011 et. seq., as
amended from time to time.
Agreement - A contractual agreement between an applicant and the City of Paris for the purposes of a 5
In 5 Housing Infill Development Program to include an economic development agreement pursuant to
Chapter 380 of the Texas Local Government Code and a residential tax abatement agreement pursuant to
the .Act. An Active Agreement is an Agreement under which the Applicant has not yet completed all the
improvements required therein.
Applicant - An owner, proposed owner, builder or authorized agent of the owner of eligible property
seeking an agreement under this policy,
Base year Valise -The assessed value of eligible property can January 1, preceding the date of execution.
Eligible Property - Property located in the defined Program Area and immediately Adjacent thereto,
whether foreclosed on due to taxes or not. Also, property located outside the Program Area if foreclosed
on due to taxes.
immediately Adjacent Property — Property which lies Immediately next to the boundary of the Program
Area, including property across a street or intersection or located diagonally therefrom.
New Structure - Residential improvements made to a property previously undeveloped or a vacant parcel
which is placed into use by means other than by expansion or modernization without full demolition of
an existing substandard or condemned structure.
Neighborhood Uniformity — Consistency or similarity in the characteristics of homes, properties, and
overall design within a specific neighborhood, primarily concerned with maintaining consistency and
cohesion in architectural styles within a given street, block or larger area.
Program Area - An area depicted in "Exhibit l3" of the approved resolution for the 5 In 5 Housing Infill
Development Program, which area is wholly within the boundaries of Reinvestment Zone 20201-1 for the
purpose of residential tax abatements.
r0/,,,L/1r,alii//iiriii
ce,, ; -, ,, ;
, i�'k1I"r�iC,f,.,Sl:,,�,,'7'1
PII_-iNFO-0007 (rev 05/12/25)
Residential Improvements - The construction of new residential structures and all the appurtenances
thereto. This term includes single family, duplexes and multi -family structures.
Value of Improvements - The appraised value of the Residential Improvements as determined by the
Lamar County Appraisal District and as described in the Agreement.
III. ELI , IBILITY AND GUIDELINES
Real property is determined eligible under this policy as provided in the Definitions. If property is eligible,
an Applicant may apply for an Agreement to receive incentives provided for in this policy. For tax
foreclosed properties, all taxing jurisdictions shall be required to sign off on the low-cost land sale
according to the provisions of State Law prior to transfer of the property to the applicant.
Minimum Investment To be eligible for residential tax abatement, an Applicant must construct a new
structure or structures on the property parcel(s) identified in an Agreement between the applicant and
the City.
Limitations:
1. Maximum of 10 dwelling units per agreement.
2. An Applicant with whom the city has entered into an Active Agreement pursuant to which the City
has conveyed a low-cost residential lot or lots shall not be eligible to apply for an additional
Agreement involving such a conveyance until at least 80% of all structures required under the Active
Agreement have been constructed and the City has issued certificates of completion for same. This
80% completion requirement does not apply to Applicants with Active Agreements that do not
provide for the City to convey land. If an Active Agreement applies to a mix of privately owned
property and the conveyance of trustee parcels, the Applicant must have completed construction on
at least 80% of the conveyed parcels to be eligible for a new agreement.
3. Pre -Approved building plans may be accepted. Examples of acceptable architectural styles may be
found in Appendix A attached hereto. Applicants are advised to consult the photographs when
completing their designs to determine whether a given style is consistent with the homes in the
immediate area of any parcel upon which Applicant wishes to build. [Appendix A to be added at a
later date.] The City may deny approval to any design, even if consistent with an example in Appendix
A, if it is not consistent with structures in the surrounding neighborhood of the particular parcel.
4. No zoning change unless there is a substantial change in neighborhood or compatible with the future
land use map.
S. Neighborhood Uniformity — Applicants will submit proposed designs for each dwelling unit sought to
be built as part of the Agreement. Such designs must bear Neighborhood Uniformity in mind and must
conform in basic architectural style to the existing homes in the area in which the structures are to be
built. A design for one neighborhood may not be appropriate for another neighborhood in which the
Applicant seeks to build, so a tailoring of designs to individual neighborhoods is required. No flat or
or shed -type roof lines will be permitted. Submitted designs are subject to the approval of the City,
and once approved, the Applicant/developer/builder/may not deviate from those designs without
prior written approval of the City.
Page 3 of 7
�;;� /�/�� � //% . „iiia, ,. r ///// /,; „ ,i r,,, /., �,; � ,�, ; %, ,•- � „ "/✓ r!%r � SYom
,,,A/ �` ar,,; ,,,.,r/�� F�/G n i 'ii , „G�
%� r� � �' s4 � '_ � 6�, ��. 7 ��1rn 1�3y,-f�r�„fry}��ul�/rJt�i,�)� ""� � 71f?C.'� � z.a +��� !� f��(►�Il�`i”„„ �� �"��5��
PL -INFO -0007 (rev 05/12125)
IS
-,"T'EXAS
Where Texans Reach Higher
IV. Incentives—The incentives set forth above are available as follows:
Low -Cost Sale of Foreclosed Properties -As part of their agreement, an Applicant may choose to purchase
eligible properties that are in a state of tax foreclosure. These properties are available on a strictly first
come, first serve basis and the City makes no warranty on having available properties for this incentive,
nor will it maintain any type of waiting list for available properties. The City will work with the Lamar
County, Paris Independent School District, and Paris Junior College to seek a low-cost sale of the
foreclosed property, but the City can only guarantee a low cost of its share. As noted herein, the City will
only convey such properties for the construction of single-family homes.
Tax Abatement - An Applicant who has satisfied all the criteria and guidelines for the low-cost property
sale and residential tax abatement as set out herein, will be eligible for a tax abatement on each parcel
on which a dwelling unit or units are constructed and completed in accordance with the foregoing table.
Page 4 of 7
Incentive
__ .._......... ...��... _......
Table
Incentives _
Single -Family
u lex Multi -Family
Low -Cost
Residential Lots
"ax Abatement
N/5 -year
ear at 100%
3- ear a.-....�,,. .�_... -... �. �.. �..-...,,�._.
y t 100%%000'
00% 3 -Year Decreasing
Year 1: 100%
ear 2: 75%
-�....._
ear 3: 50%
.,�.w.....__._ ._ ..
Reduced Building
�..
100%
100% for sprinkled
Plan Review
building
-OR-
50%
0% non -sprinkled
uilding
Reduced Permit
100%100%
for s_�-�..
prinkled 25%
Fees
building
-OR-
R-0%
0% non -sprinkled
building
Red...._.-
uced rates on
25%
25% X25 .. __ ...... _.
%
Water/Sewer tap
fees
Low -Cost Sale of Foreclosed Properties -As part of their agreement, an Applicant may choose to purchase
eligible properties that are in a state of tax foreclosure. These properties are available on a strictly first
come, first serve basis and the City makes no warranty on having available properties for this incentive,
nor will it maintain any type of waiting list for available properties. The City will work with the Lamar
County, Paris Independent School District, and Paris Junior College to seek a low-cost sale of the
foreclosed property, but the City can only guarantee a low cost of its share. As noted herein, the City will
only convey such properties for the construction of single-family homes.
Tax Abatement - An Applicant who has satisfied all the criteria and guidelines for the low-cost property
sale and residential tax abatement as set out herein, will be eligible for a tax abatement on each parcel
on which a dwelling unit or units are constructed and completed in accordance with the foregoing table.
Page 4 of 7
PL -INFO -0007 -0007 (rev 05/12/25)
The abatement will become effective on .January 1st of the year following issuance of a Certificate of
Completion following final construction inspection. As provided in the Act, a tax abatement may only be
granted for the value of the Residential Improvements which exceed the base year value of the property
and which are listed in an Agreement between the City of Paris and the applicant, subject to such
limitations as the City of Paris may require. The base value will be set as of January 1st of the year in which
the Agreement is executed, Upon completion of construction, the Applicant shall provide a copy of all
material and: fixture purchase invoices to prove that those materials and: fixtures were purchased locally
within the City of Paris when possible. The tax abatement is available only for improvements made after
the execution of the Agreement. The Agreement may not be approved by the City Council until at least
thirty (30) days after notice of the consideration and possible action on the Agreement has been posted.
MUM
building plan review and permit fees as referenced in the Incentive Table.
Reduced Fees for Water & Sewer Tap Labor - The Applicant will be entitled to reduced rates for water
and sewertap laborfees, where required by the Public Works Department, s as referenced in the Incentive
Table for all neve dwelling units under agreement with the City.
Claw Back Provision - The Applicant who enters into an Agreement with the City of Paris shall construct
new housing dwelling units on one (1) or more parcels within five (5) years from the effective date of the
Agreement, or a within a shorter time if agreed to by the parties and reflected in the Agreement, or the
City shall have the right to automatically take back any undeveloped parcel under the terms of the
agreement and transfer of the property by all taxing entitles. This shall be recorded with or as a part of
the deed as a right of reversion for all uncompleted construction lots deeded underthis agreement against
the property. The Applicant may request approval of an extension for such failure to construct a new
residential dwelling units), based upon reasonable circumstances, as may be approved by the City Council
under a subsequent revised agreement. Parcels under the agreement cannot be sold or assigned to
another individual except by prior approval and re -assignment of the parcel(s) and approval of a new
agreement by the City Council. Failure to meet the requirements of constructing the agreed upon neer
dwelling -units within the required period will result in a reversion of all parcels upon which Residential
improvements have not been constructed and completed to the City and will result in the Applicant being
ineligible to participate in this program in the future.
As a further claw back provision, and in accordance with Texas Tax Cade Sec, 312.20.5, the Agreement
shall provide for recapturing property tax revenue lost as a result of the agreement if the owner of the
property fails to make all the Residential Improvements as provided in the Agreement regardless of haw
many dwelling units applicant builds,
Compliance with all other City Requirements - The Applicant shall be fully responsible for compliance
with all zoning, subdivision platting, and building code requirements as may specifically pertain to the
which may include, but not be limited to: Zoning Changes, Special Use Permits, Variances, Platting and
Surveying Costs, Plan Preparation, and Building Permit Fees.
/ rr/' /// r/ / _✓ilii, /,, ,,, / ,,.
,i, / ./ i.... r
.. , // / ,� r /
//i �,//,�%,, /i, i ,,///� i,
/4f
V. APPLICATION PROCEDURES
PL -INFO -0007 (rev 05/12/25)
Applications for an Agreement with the City shall be reviewed for completeness. Incomplete Applications
shall not be processed. City Staff shall determine whether the application satisfies guidelines and criteria,
and Staff may request additional information or documents from Applicant. City Staff will make final
recommendations on each application to the City Council. Any Applicant desiring approval of an
Agreement shall comply with the following procedural guidelines. All applications shall be evaluated on
their own merits within the parameters of these Guidelines and Criteria.
1. Preliminary Application Steps
A. Applicant shall work with City Staff to identify eligible City Trustee or other parcels within the
defined geographic area. City Staff will provide a list and corresponding map from which City
Trustee parcels may be reviewed.
B. For applications seeking the conveyance of one or more low-cost Trustee parcels, the
Applicant shall attach a notarized/verified pre -approval letter or other notarized verification
from Applicant's financial institution stating that the Applicant will have financial capital
available to complete all new dwelling unit construction under the Agreement with the City.
Such verification of financial capability shall be on the letterhead of the financial institution
and will be reviewed over the course of the Agreement. Applications subject to this subsection
B submitted while the Applicant already has an Active Agreement in place, regardless of
whether the Active Agreement involves the conveyance of low-cost Trustee properties, shall
include verification that Applicant has the financial ability to complete the construction
required under both the Active Agreement and the proposed new Agreement.
C. A complete legal description shall be provided with a copy of the current deed of the land,
unless the parcels) are being transferred by deed without warranty by the City of Paris.
D. Applicant shall complete all forms and information detailed above and submit all forms to the
City of Paris Director of Planning and Community Development.
2. All information in the application package detailed above will be reviewed for completeness and
accuracy. Additional information may be requested as needed. If necessary, applicant will meet with
City staff to discuss details of the application and to prepare presentation of the application to the
City Council.
3. The application shall designate whether the dwelling(s) to be constructed are to be retained for
ownership or sold to another owner upon completion of construction. The applicant shall also provide
an estimate of the value of improvements..
4. If an application for the 5 In 5 Housing Infill Development Agreement is to be recommended for
approval by staff, then an Agreement as defined herein with the City of Paris will be prepared by the
City Attorney for approval by the City Council.
5. If the Applicant's property is not found to be eligible, the application will be rejected,
6. The City Council reserves the right to amend these policies and guidelines as needed.
Page 6 of 7
ia
i/ gip,
PL -INF -000 (rev 05/12/25)
The Director of Planning and Community Development and the City Attorney will be responsible for
drafting the required Agreement in accordance with state law and this Policy.
The legal document will include the following:
1. Estimated value of new structure or residential improvements to be constructed.
" 2. Total amount of value to be abated depending on the terms of the Agreement.
3. Effective date and the termination date of abatement.
4. Description of the Residential Improvements, schedule of completion, property description, all
required City approval requirements and a platted lot site plan or sketch of the parcel(s) to be platted
and developed,
5. Applicant agrees to make the new structure or residential improvements available for inspection by
City of Paris, or its authorized representatives, and Lamar County Appraisal District (LOAD) during
construction and upon completion of the project.
6. Contractual obligations in the event of default, violation of terms or conditions, delinquent taxes,
recapture and administration.
7. A signed and notarized statement as an attachment to the application agreeing to construct the new
five (5) dwelling units on one (1) or -more parcels within five (5) years from the date of City Council
approval of an Agreement, unless extended by the City Council, or consenting to allow the City to
automatically take back the parcels) under the initial terms of an approved agreement.
Page 7 of 7