05 3rd Street S.E. Public HrgHydro Conduit Division
1569 ~. Church Street
Pads, Texas 75460
Phone 903-784-8652
Fax 903-785-2899
3une 12, 2002
Mr. Larry Schenk
City Attorney
City of Paris, Texas
125 SE 1 St. 75460
Snbject: sE 3~ Street closing.
Dear Mr. Schenk,
Hydro Conduit Corp. of Texas LP, request the closing of SE 3~ Street from north
boundary line of Paris Blvd. to south boundary line of Sycamore St..
This request is for the portion of SE 3~ 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 years. It has not received any attention from the City of
Pa_ds in many years. 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 street.
With our interest on Safety, the street has been identified as a major hazard with
industrial equipment and trucks crossing from one side to the other on a regular
basses. Another safety hazard are 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.
-.' . '. ....
·
1425 8. OHUIflOH PAFII$, TEXAS 754B0 TELEPHONE: (g08)784-6280
March 21,2002
CityofParis
55Hickory
Park, Texas
75460
To whom it may concern:
· · · ....... t with Hydro Conduit of Texas L~..
Blankinsh~p O~1 Co., is m agrcc~u~ ~ ...... e
with the closing of 3ra S. E. from Paris Blvd. North to ~out~ oounoary ~m
of'Sycamore St., based on letter attached.
Blankinshlp Oil Co.,Inc.
Hydro COnduit
1569 S, Church Street - '
paris, Texas 75460
Phone 903-784-8652
Fax 903-785-2899
March 12, 2002
Mr. Hack Blankinship
Blanldmhlp Oil Company
1425 S. Church Street
paris, Texas 75460
Subject; Closing 3 rd. S. E. from Pads Blvd. North to South boundary line of
Sycamore SIz~et
DearMr. Blankinship:
This letter is to confirm our resent conversation regarding thc above subject.
You agreed to support the closing and expressed your willingness to convey the
half of right-of --way that hms along the Bast side of your property to Hydro
Gondult of TexaS LP.
Hydro will pay the City for all of the fight-of-way. The city can only close a
sixeet down the center line, conveying deed to each property owner his half. We
propose to execute a cleed from Blanklnship to Hydro at time of closing, at no
cost to you, conveying your half of 3 rd. stxeet to Hydro. At the same time,
Hydro will dcccl to Blankinship title to the offset along Lot 1, Block 6 to line up
with Lot 2, block 6 cast boundary linc.
If thc abo¥c is stated correctly, please address a letter to thc City of Paris
supporting thc clo~ing · Thc City also needs a copy of the deeds or other proof
of property ownership.
· so I can include it with our packet.
When this is ready, please give me a call,
T~nking you in advance for your cooperation.
Hydro Conduit of Texas LP
Donald Wall
cc: lira Wilmcs
· PROMULGA-rE D By 'n.lE 'rEXAS REAL ESTA'I'E COMMI'~ION ('i'REC) ~ ~ ~...:...,~'~!!
-~ UNIMPROVED PROPERTY CONTRA .O.T ' '~: '; '~: ~?~J[.;'"~ ;
..... NOTICE: Not Fo~ Use For Condomlnlum Transacaons
1. PARTIES: w'~L~t4 $. i~ONI~ (Seller) agrees to sell '
~-,~ convey to mmRo cot, m .m'r .co _~e?~ _~t~,.[~ .______(Buyer) and Buyer agrees
[';?ouy fro~ Seller the property described below. Addition, City of
,Block'/
2. PROPERTY: Lot~ - - , ~ . . ..County, lexus, known.e.s
?~.zs -- WA (Address/Zip. Coae),
~ ~he Property n Is 1[~ Is no_t s. ubJect to mandatory
or as described on attach? exhibit, (the I°roper~j)·~' "J
membership in an owners association. The TREC ^ddendu~n For Property Subject To Mandatory
Membership In An Owners' Assodation n Is gl:is not attached.
NOTICE TO BUYER: if the propertyls subject to mandatory membershipln an owners' ass°clati°n' Seller
notifies Buyer under {}5.012, TeXas Property Code, that, as a purchaser of property in the residential
OWllers' association
d ou are obligated to be a member of an·
~,,,,,unltV in wNch the property Is locate , ye, --,,,~,n~.v nf the Property and a dedicatory Instru .m..e. nt
_'~"'.",' ,,]'Z -^,,-aunts novemlng the use aaa or.~;..~...---% ;;,- .... ,-~-;.,=..~ communih/have been orwiII De
I~.esmcuv- ,-~,~= · -~ - ' · ..... and oneratiori orlnls r==~um~u=~ '~ . --- ~o
' governing the estabhsnmen!, m_a~mug'~"~, _ Z.'~;~,. ,,,~Ich the Pronertyls located Copies otme
recorded in the Real Property i-(ecorgls ol'me ~uumy., ,,,, r ' ·
covenants and dedicatory instrument may be obtained from the county clerk. 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 foreclosure of the Property.
3. SALES PRICE: $_ ==,000.00.
A. Cash portion of Sales Price payable by Buyer at closing ............... ~ ~ $_ 0.0o
B. Sum of a financing described below .................... " ~... $ ==,o0o.0o
C. Sales Price (Sum of A and B) ................................. '
4. FINANCING: Within N/A days after the effective date of this contract Buyer shall apply for.al! third party
assure tion and make everyreasonable effort to obtain financing
· or noteholder's epprov, al of any .. P .... ~ ..a. ~.,, H,,~rn~. o have been obtained when the
financing ...... ~ =~.,o,-,,'~na or assumption approvc*~ w., ,-,.-. ....... d t
or assump=on appruv,=,. - ....... . nder's financial requirements (those items relating to
lender determines that Buyer,ha~_s~s..,a.?~e~ea~ls~fll~nancing or assumption approval is not obtained within
· contract wlll terminate and the earpest money will be
Buyer's net worth, income ana cr~u,twu,,,,,, r ·
/ _ da s after the effective date h.ereof, ~Is cured b vendor's an{l deed of trust liens·
~unded to ~Yt~yer. Each note to be executed hereunder must be se Y boxes below)
The portion of Sales price not payable in cash will be paid as follows: (Check applicable
I-I A. THIRD PARTY FINANC NG: _ . .... amount not to
I-I (1) This contract is subject to approve for i~uyer ota mira party loan in an
· ' videnced by a third party firs. t lien promissory note of
exceed _ N/~_ % of the Sales P~/~_c~,.d~e In full in ~... year(s), with interest not to exceed
not less than $ _ -
._. I~/A %perannumforthefirstH/'~ year(s) oftheloan.
.---- · ~ " for Bu er of a third party loan in an a~ount not to
' This· contract Is subject .to appr?v_a' Y n Ird oarty second lien promissory note,
I-'1(2) o fthe Sa es Prlc~, ~vldenced by .-...th -.-, .. .-,~- ,..,=,o not to excesa
exceed ~/A_ ~ o ~u~. clue n full In ~A years) w~u, ,,,~,..st .
of not less the ~, _ r s of the loan. .
.... ex .... ,,,, for thefirst ~x._~yea (.) ..... ,e 1t/.% beenng ._...~A ¥0,
_ ~-,~.. vo po, ,,,,,,urn Bu er to ~eller u/e_ - · na
n n ~ELLER FINANCING: A promissory .no? fro,rn.,_~Y~ nf trust liens, In accordance vath the .term_s,
- -' i terest per ann..m., Addendum. "an o er po,,cy o, u.=
nditions set form m. _me attacne= .r,,- o,,=r with a ortqa.qee policy of litle Insurance. '
~;uranca is furnished, Buyer shall fumlsh S ......... m _ _
n C, ASSUMPTION:
Buyer shall assume the unpaid prlndpal balance of a first llen promissory note payebleto
~/x , which unpaid balance
current monthly paym,ent Including principal,
atCloslng~, uo ,,_ - _,,. ,S~: ,,,,,_. ,..,,.,; ......
Interest and any reserve (lepo=,t~ , ,~ - .
first payment due after-closing. 0lA TREC NO. ,9.~.
Initialed for Identification by Buyer_
and Sell.er - '
municipality ana ?_a,y ,,~- ,~- dories and extratemtoda!juil,sc?~on.. I o.ue~_~.,,.,~-
is locate?, vatm.n a. "~_. ~ '_"_'~..,~...~ all munldoalities IOCateo In me gm ~='=' I~
extratemtortal jurlsaKmon, ~.~,,=,', ,- '
er Information. . ..
U~nl~ss expressly prohibRed In wnting by the parties, Seller may conlinue to. show the Property for sale
(6) and to receive, negotiate and accept back-up offers·
7. PROPERTY cONDITION: ....... - ,',',=e' Bu,,er may have the Property Inspected by an Inspector
A. INSPECTIONS, A .C. CES? ~ou~; ;~ nN~; .erm¢~ed by law to.make such inspections. Seller shall
selected by Buyer, l~censeduY'~'- ..... for Inspection, repairs and treatment and'for
permit access to the Property at reasonable times
relnspec~on after repairs and treatment have been completed. Seller shall pay for tumlng on utilities for
Inspection and relnspection.
ACCEPTANCE OF pROPER'I~ CONDITION: NOTICE: Buyer should determine the avallab~ity of utilities
B. to the Property suitable to satis~ Buyer's needs. (check on?. box only):
O (1) In addition to any earnest money deposited w~th escrow agent, Buyer has paid Seller
. · e unrestricted dght to terminate this contract by giving
N/x the Option Fee ) for th . r~iva dte of this contract. If Buyer
$ '.( ' In N/A oays a~ter the efta .... a
n~ticeoftermlnatio.nto..Sel[e.r ,w'~_.-. - ' d theO tionFeewi notber.e.funded,,h?_w..ever,
· es notice of termlna.?n within th~ time sp.e-c'fi,~e~',,,,er doPes not ~ive notice ot termination within
g-.~, ~o,~est money will 13e refunded to Buy?. ,. ~,~_,_,~ the pr;3~erty in I{s current condition and
;; ;;;pacitied, Buyer " be deemed to .ave oslng.
the Option Fee n will O will not be credited to the Sales Price at
:[~(2} Buyer accepts the Property In Its present condition.
8. BRC~KERS' FEES: Ail obligations of the parties for payment of brokers' fees are contained in separate
written agreements. . ~e2 , or
9. CLOSING: The dosing of the sale will be on or before ~ ts.
7 da a~er objections to matters disclosed !n the .Commitment or by the survey have. been cured,
or assumption approva has been obtained pursuant
within ~ ....... ~.lnRino Date~ f financing ......... ~,, with lender's dosing
ever aate ,s later ~,u~ ...... ~ - 15da it necessa[¥ tu ~,u,,,~'~ . ·
which -- -.,,,~,~,~ n~te will be extended up to .ys ....... .~oultinn nartyv~ll be entitled
to Paragraph 4, ~..e. ~' ..... ~--- eb theCloslnguate, m~,u-.~'~ .'~.~i~,, ~f~rnents or
· ents. lfe~therpartyfall.st.odosethlssal Y At dosing Seller sna~l lurnl~.- ,~,~ ,'~'~'~-'L.~i~l~.titte
certificates showing no oellnquen[ {~u~oo ,~,,,~ -- ~--' - n
showing no additional exceptions to those permitted id Paragraph 6.
10. posSESSION: Seller shall deliver possession of the Property to Buyer at closing and funding.
ts and business details applicable to this sale· TP, EC
· n nly factual statemen contract addendum,
SPECIAL PROVISIONS.. (I sert.o ...... , -,..~ ,-~ nts or business details for which a _
11. rules prehlbitlicensees ~.om adding mc~u~, ~,o,e,, .e
lease or other form. has been promulgated by TREC for mandatory use.)
t)'l;tiis COh~iL~Ct' COh"t'F,,~[~.1`~S AN~T SZZ,~0e.e01`o ss[,t~ L.~SS SSLt,ER'S ]~,OI~'~7,,D Tk,XES. ]~t,~BR WiLt,
ALt, Ct,OS[NC, CO_SI'_. ...... ~S 1`o'~H~ ],RO~'~,R'FY ~'OR 1'tie i'C-']~OS,~ O~' COt¢DUCrL'~G ~rViROt~,4~M-, stTI~
3'E, RM~NA't'E.'~H]S CO.~R~,CT A.~D ]~E ]~i'T~i~D TO .~{ ~E,])]A']['~ ~]~I~D O~' [r['S CLOS]~G COSTS.
: I~ROPF. RTY sO THAT ~'I/2R MAY It~MOVE HIS PF'RSO~A~' ~'
, IOR TO CI~)SING. SELI.F.R ~,I, ~AVR ~ ~ DAYS TO
OM THF, I'RRMI,'W.S I~R F.,RTY HAS BF, F..N REMOV$/}.
V~,n FR Ol~
Initialed for identl~cation and Seller ..__-.~-- . . .... '..j
-
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115
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