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05-I Sycamore St. Ref to P&ZDRAFT J:\Attorney\ALICE\RESWORK\CiJRRENT\3rd St SE Paris Blvd-Sycamore Refer to P&Z Res.wpd August 9, 2002 RESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, TEXAS, REFERRING A REQUEST BY ADJACENT PROPERTY OWNERS TO THE PLANNING AND ZONING COMMISSION FOR THE ABANDONMENT OF A PORTION OF A STREET KNOWN AS 3RD STREET N.E., IN THE TEXAS & PACIFIC ADDITION, BEGINNING AT THE NORTH BOUNDARY LINE OF PARIS BOULEVARD GOING NORTH TO SYCAMORE STREET; SETTING PUBLIC HEARINGS; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Council of the City of Paris is in receipt of a petition from adj acent property owners requesting that a portion of the street known as 3rd Street N.E. be abandoned from Paris Boulevard to Sycamore Street; and, WHEREAS, it is deemed to be in the best interests of the citizens of Paris that such request for street abandonment be reviewed by the Planning and Zoning Commission of the City of Paris and that a recommendation be made to the City Council for final action; and, WHEREAS, it is fitting and proper that a public hearing to receive input from the general public on the proposed abandonment be set before the Planning and Zoning Commission at 5:30 p.m., on the 3rd day of September, 2002, and before the City Council at 6:00 p.m. on the Sth day of September, 2002 in the Paris Junior College Applied Technology Building, Room 1016, 2400 Clarksville Street, Paris, Texas; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, TEXAS: Section 1. That the findings set out in the preamble to this resolution are hereby in all things approved. Section 2. That the matter of abandoning a portion of the street known as 3rd Street N.E. from Paris Boulevard to Sycamore Street be, and the same is hereby, referred to the Planning and Zoning Commission of the City of Paris for its recommendation. Section 3. That a public hearing be held by and before the Planning and Zoning Commission of the City of Paris at 5:30 p.m. in the Paris Junior College Applied Technology Building, Room 1016, 2400 Clarksville Street, Paris, Texas, on the 3rd day of September, 2002, and that a public hearing be held by and before the City Council of the City of Paris at 6:00 p.m. in the Paris Junior College Applied Technology Building, Room 1016, 2400 Clarksville St., Paris, Texas, on the Sth day of September, 2002, said public hearings to be held concerning the abandonment of said street. Section 4. That this resolution shall be effective from and after its date of passage. PASSED AND APPROVED this 12th day of August, 2002. Michael J. Pfiester, Mayor ATTEST: Mattie Cunningham, City Clerk APPROVED AS TO FORM: Larry W. Schenk, City Attorney ■ I"Ugsw MATERIALS'" June 12, 2002 Mr. Larry Schenk City Attorney City of Paris, Texas 125 SE 1 St. 75460 Subject: SE 3rd Street closing. Dear Mr. Schenk, Hydro Coeduit Division 1569 S. Church SVeet Paris, Texas 75460 Phone 903-784-8652 Fax 903•785-2899 Hydro Conduit Corp. of Texas LP, request the closing of SE 3rd Street from north boundary line of Paris Blvd. to south boundary line of Sycamore St.. This request is for the portion of SE 3rd that lies within the Industrial Campus of our Paris Pipe Plant. We have maintained the street as if it were part of our property for the last few yeazs. It has not received any attention from the City of Paris in many yeazs. We own all property around subject, with the exception of Blankinship Oil on northwest side. See letter attached stating their support for closing with no desire for part of the streek With our interest on Safety, the street has been identified as a major hazazd with industrial equipment and trucks crossing from one side to the other on a regulaz basses. Another safety hazard aze children coming onto our property, playing on the concrete pipe and equipment. With the closing, we will be able to enclose our plant site with a chain-link fence eliminating these safety concerns. Hydro agrees to pay the City of Paris the appraised value for the property. We respectfully request your prompt attention to the mater. If we can be of any service to you, please advise. Sincerely, / Donald Wall Sr. Account Mgr. ,r BLANKINSHIP OIL COMPANY, INC. , 1425 S. CHURCH PARIS, TEXAS 75460 TELEPHONE: (903)784-6280 March 21, 2002 City of Paris 55 Hickory Paris, Texas 75460 To whom it may concern: Blankinship Oil Co., is in agreement with Hydro Conduit of Texas LP. with the closing of 3rd S. E. from Paris Blvd. North to South boundary line of Sycamore St., based on letter attached. Blankinship Oil Co.,Inc. ' 7 / ~ i Hack Blankinship 0000 MA7ERIALS° Hydro Conduit Division 1569 S. Churth Street - Paris, Texas 75460 Phone 903-784-8652 Fax 903-785-2899 March 12, 2002 Mr. Hack Blankinship Blankinship Oil Company 1425 S. Church Sheet Paris, Texas 75460 Subjecr, Closing 3 rd. S. E. from Paris Blvd. North to South boundary line of Sycamore Sheet Deaz Mr. Blankinship: This letter is to confum our resent conversation regazding the above subject. You agreed to support the closing and expressed your willingness to convey the half of right-of --way that runs along the East side of your property to Hydro Conduit of Texas LP. Hydro will pay the City for all of the right-of-way. The city can only close a street down the center line, conveying deed to each property owner his hal£ We propose to execute a deed from Blankinship to Hydro at time of closing, at no cost to you, conveying your half of 3 rd. street to Hydro. At the same time, Hydro will deed to Blankinship title to the offset along Lot 1, Block 6 to line up with Lot 2, block 6 east boundary line. If the above is stated correctly, please address a letter to the City of Paris supporting the closing . The City also needs a copy of the deeds or other proof of property ownership. When this is ready, please give me a call, so I can include it with our packet. Thanking you in advance for your cooperation. Hydro Conduit of Texas LP Donald Wall cc: Jim Wilmes p 1. PARTIES: w and convey ro to buy trom Se PROMULGATED BY THE TEXAS REAL E5TATE COMMISSION (TREC) UNIMPROVED PROPERTY CONTRACT NOTICE: Not Far Use For Condanfrdum Transactlons property (Seller) agrees to seil rer) and Buyer agrees 2. PROPERTY: Lot 8 , Block 7 , T 8c P Addition, City of pARIs , i.nM►x County, Texas, known as 3RD syr K/A+ (Address/Zip Code), or as described on attached exhibit, (the Property). The Property 0 Is U Is not subJect to mandatory membership in an owners' assoaatlon. The TREC Addendum For Property Subject To Mandatory Membership In An Owners' Association O is 8X is not attached. NOTICE TO BUYER: If the Property is subject to mandatory membership in an owners' association, Seller notifies Buyer under §5.012, Tezas Property Code, that, as a purchaser of property in the residential community in which tlie Property Is located, you are obligated to be a member of an owners' association. Restrictive covenants goveming the use and occupancy of the Property and a dedicatory instrument goveming the establishment, maintenance, and operation of this residential community have been or will be recorded in the Real Property Records of the county in which the Property Is located. Copies of the resUicGve covenants and dedicatory instrument may be obtained from the county cleric. You are obligated to pay assessments to the owners' association. The amount of the assessments is subject to change. Your failure to pay the assessments could result in a lien on and the foredosure of the Property. 3. SALES PRICE: A. Cash portion of Sales Price payable by Buyer at closing . . . . . . . . . . . . . . . . . . . . . . $ zz,ooo.oo B. Sum of all financing described below . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ o.oo C. Sales Price (Sum of A and B) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ z2,ooo.oo 4. FINANCING: Within N~A days after the effective date of this contract Buyer shall apply for all third party finandng or noteholders approval of any assumption and make every reasonable effort to obtain finandng or assumption approval. Financing or assumption approval will be deemed to have been obtained when the lender determines that Buyer has satisfied all of lender's financial requirements (those items relating to Buyer's net worth, income and credirivorthiness). If financing or assumption approval is not obtained within N/A days after the effective date hereof, this contract will terminate and the eam est money will be reTunded to Buyer. Each note to be executed hereunder must be secured by vendors and deed of trust Iiens. The portion of Sales Price not payable in cash will be paid as follows: (Check applicable boxes below) ❑ A. THIRD PARN FINANCING: D(1) This conVact is subjed to approval for Buyer of a third party loan in an amount not to exceed N/A % of the Sales Price, evidenced by a third party first lien promissory note of not less than $ N/A, due in full in N/a year(s), with interest not to exceed NiA % per annum for the first NiA year(s) of the loan. ❑(2) This contract is subject to approval for Buyer of a third party loan in an amount not to exceed N/A % of the Sales Price, evidenced by a third party second lien promissory note of not less than $ N/A due in full in N!A year(s), with interest not to exceed A % per annum for the first NiA year(s) of the loan. ❑ B. SELLER FINANCING: A promissory note from Buyer to Seller of $ NIA, bearing N/A % interest per annum, secured by vendors and deed of trust liens, in acxordance with the terms and conditions set forth in the a8ached TREC Selier Finandng Addendum. If an owner policy of tiUe insurance Is fumished, Buyer shall fumish Seller with a mortgagee policy of tiUe insurance. ❑ C. ASSUMPTION: ❑(1) Buyer shall assume the unpaid prindpal balance of a first lien prom~shi~ unote npa d babance N/A at ciosing will be $ N/A . The total current monthly payment including principal, interest and any reserve depostts Is $ NIA . Buyers inftfal payment wiil be the first payment due after dosing. tlaled for ldenUftqUon by Buyer and Seller - 01 A TREC NO. 94 .}21~~jk{r ~WKP~bw^0/WaCwYtl"W.11wIhr~fanlYe0.~YVRadW.K..70lOW.Ppir.lWi07.NU~lTX7A067.P~1~7}H7~ Fl~ Ti~ WIYWm M/u~oCMVI~ h1utiW la w la MW iWdhm, W N m1Ywf~WM. UwbJ aUrnM ~ NaYtlan a(lMrYaM~IwutlRTW 77 U.tG 1/01. pM~E ONbOAW100T i Un4w~ PropaKy CaMraU Ca Paa~ Far 11-609 (Addrcss ot ProPertY) (5) If the Property is located outside the limits of a muntdpality, Seller notfies Buyer under §5.011, Texas Property Code, that the Property may now or later be Included in ihe extratertitorial Jurisdictlon of a . municipality and may now or later be subject to annexation by the munidpality. Each munfdpality. maintains a map that depicts (ts boundaries and extratertitorial jurisdicUon. To detertnine Hthe Property is located within a muniapatityrs extraterritorlal jurisdiction oris Iikely to be located within e municipality's ex7aterritorial jurisdction, contact ali municipalities located in the general probmity of the Property for further infarmation. (6) Unless expressly prohibited in writing by the parties, Seller may continue to show the Properly for sale and to recelve, negotlate and accept back-up offers. 1) THIS CONTRACC CONfEMPLATES A NET $22,000.00 TO SELLER LES3 SELLER'S PBORATED TAXES. BUYER WILL PAY ALL CLOSING COSI. 2) SEM.ER GRANTS TO BUYER ACCESS TO THE PROPERTY FOR THE PURPOSE OF COttDUGTIVG ENViROMENTAL SITE TESfING. IF THE SiTE TESTING REVEAIS AN7 CONTAMll'IATION IN ERCESS OF PERMISSABI.E LIMTf3, BUYER MAY TERMINATE TffiS COVTRACf APID BE ENTTTLED TO AN LMMED1ATE REI+f1ND On TTS CLOSING COSf S. 3) N'HEV THE TESCING HAS BEEN APPROVED BY BUYER, BUYER Wi1.L PROVIDE AHARD SURFACE ROAD TO SELLER'S PROPERTY SO THAT SELLEA MAY REMOVE EiLS PERSONAL PROPEATY FROM THE YAR*"*S74sr i gpU"S YERSONAL PROPFRTY WILi, RF. RRMOVRA F7tQM THR PRRMi3PS PRTOR TO CIA3INC,. Sftid.RR WR.i. 1FEAVP:90 DAYR TO MOVF. HT3 PROPERTY. BUYER R'II.L CLOSE W1TM 30 DAY3 OF NOTICE TNAT THE PROPERTY HAS BE1+N REMOVED BELLERpERMTfB BIIYER TO APPLY TO THE CPfP OF PARi9 TO CLO~ THE S['REET 1N FRONT OF TSE P&O ;PER11', Bi~ ~(TCH CL09IIVG NOT TO BE EFFECfIn UNTII. THE CL09II'1G OF THLR CONTRACf. ` . 7. PROPERTY CONDITION: A. INSPECTIONS, ACCESS AND UTILITIES: Buyer may have the Property inspected by an inspector selected by Buyer, licensed byTREC or othervvise permitted by law to make such inspections. Selier shall permit access to the Property at reasonable times for inspection, repairs and Veatrnent and for reinspection after repairs and Veatment have been completed. Seiler shali pay for tuming on uUlitles for InspecUon and reinspecUon. B. ACCEPTANCEOFPROPER7YCONDITION:NOTICE:Buyershoulddetertninetheavailability ofutilities to the Property suitable to satisfy Buyer's needs. (check one box only): ❑(1) In addition to any eamest money deposited with escrow agent, Buyer has paid Seller $ tviw (the "Option Fee") for the unresVicted right to tertninate this contract by giving notice of terminafion to Seller within NiA days after the effective date of this contract. If Buyer gives notice of termination within the time specified, the Option Fee will not be refunded, however, any earnest money wiil be refunded to Buyer. If Buyer does not give notice of termination within the time specified, Buyer will be deemed to have accepted the Property in its current condition and the Option Fee ❑ will ❑ will not be credited to the Sales Price at closing. 43(2) Buyer accepts the Property in its present condition. 8. BROKERS' FEES: All obligations of Uie parties for payment of brokers' fees are contained in separete written agreements. - 9. CLOSING: The dosing of the sale will be on or before JUNE ts• Zaoz , or within 7 days after objections to matters disclosed in the Commitment or by the survey have been cured, whichever date is later (the Closing Date). If financing or assumption approval has been obtained pursuant to Paragraph 4, the Closing Date will be extended up to 15 days if necessary to comply with lenders closing requirements. If either party fails to close this sale by the Closing Date, the non-defaulting qariy will be entitled to exercise the remedies contained in Paragraph 15. At dosing Seller shall furnish tax statements or certificates showing no delinquent taxes and a general warranty deed conveying good and indefeasible tiUe showing no additional excepUons to those permitted in Paragraph 6. 10. POSSESSION: Seller shall deliver possession of the Property to Buyer at closing and funding. 11. SPECIAL PROVISIONS: (Insert onlyfactual statements and business details applicableto this sale. TREC rules prohibit licensees from adding factual statements or business details for which a contract addendum, lease or other form has been promulgated by TREC for mandatory use.) InlUaled for ldenUflcatlon by and Seller. O1A TREC NO. 9-4 ,A,v,,,,r~w,w~swaor+e+rcoxo.aoa . C ea~Wrw~+NU+aweeero.e'w.It.aRw..~anwartwrn+e.~+.tie.ioeow.vq.r•. awm+.w+.ixrws3.feool Ni1iW77U.l.C./101. . MYW017F2WZ TN~ MYYtlan MMbCaYW~ bbwA larwta bW MttlisM1 rtlb not MMnOY. Vw W atlr~ b ~~AeYtlm AMrAaay~W~