09 3rd Street Public Hearing17
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Hydro Conduit Division
1569 S.. Churr. h Street
PaS° Texas 75460
Phone 903-784-8652
Fax 903-785-2899
June 12, 2002
lqk. Larry Schenk
City Attorney
City of Paris, Texas
125 SE 1 St. 75460
Subject: SE 3~ Street closing.
Dear Ivir. Schenlq
· o E 3'a Street from north
Hydro Conduit Corp. of Texas L?, request the closmo of S
boundary line of Paris Blvd. to south boundary line.of Sycamore St..
This request ~s for the portton of SE 3 that lies within the Industrial Campus of
our Paris Pipe Plant. We have maintained the street as i fit were part of our
property for the last few years. It has not received any attention from the City of
Paris 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 eqnipment. 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?aris the appraised value for the propei'ty.
:'~Ve respectfully request your prompt attention to the mater· If we can be of any
~ervice to you, please advise.
Sincerely,
Donald Wall
Sr. Account Mgr.
l
Hydro COnduit D/v~ion
'1569 S, Church Street - '
Path, Texas 75460
phone 903-784-8652
Fax 903-785-2899
March 12, 2002
Mr. Hack Blankinship
Blanklnshlp Oil Company
1425 S. Church Street
path, TexaS 75460
Subjeci; Closing 3 rd. S. E. from Pads Blvd. North to South boundary llne of
Sycamore Strc.ct
Dc~r Mr. Blankinship:
Thh letter is to confm'n our resent conversation regarding the above subject.
You agreed to support the closing and expressed your willingness to convey thc
half of rlght-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 fight-of-way. The city can only close a
street down the center line, conveying deed to each property owner his half. We
propose to execute a deed from Blanklnship to Hydro at time of closing, at no
cos[ 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 I, Block 6 to line up
with Lot 2, block 6 east boundary line.
If the al~)¥e is stated correctly, please address a letter to the City of Paris
suppo~'ling the clo~ing · Tho 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.
T~nking l~ou in advance for your cooperation.
· Hydro Conduit of Texas LP
Douald Wall
cc: ~im W/hues
BLANKINSHIP .-
OIL COMPANY, INC:
1425 S. CHURCH PARIS, TEXAS 75460
~ ' ¢conoco)
TELEPHONE: (g03)784-6280
March 21, 2002
City of Paris
55 Hickory
Paris, Texas'
75460
To whom it may concern:
Blanklnship 0i! Co. ,.is in agreemen.t with Hydro Co~ndu!.t o. fTex.as L.P..
with the closing of 3r" S. E. froin Paris Blvd. North to ~outn vounaary
of'Sycamore St, based on letter attached.
Blankinship Oil C.:o.~Inc.
I 1 "= Ir ___'--. ...... . ..-.- '~. I ~.':
. (Seller) agrees to sell
1. PARTIES: ~F. LU.~,[,~. 13oh'g (Buyer) and Buyer agrees
and convey~o _m'DRO COh'DU~ CO~.~O~TtO~ ,
to buy from Seller the property described below·
2. PROPERTY: Lot_s Blocky , T&~' Addition, Cityof
' " County, Iexas, known as
l, xtus ' ~ ~/~. (Address/Zip. Code),
ap.o s~ . _ ..... .-,-,.A p-'~'~ooe~,,, [] Is :gl:Is not subject to mandatory
cribed on attachea exhlblt, (the Property/. H~'= r. ~, 'V
or as des , ' For Pro e Subject To Mandatory
· The TREC Addendum p rty
membership In an owners association. '
Membership In An Owners' Associalion r-i Is Il:Is not attached.
NOTICETO BUYER: if the Propertyls subject to mandatory membershlpln an owners' ass°clati°n, Seller
nones Buyer under {}5.012, TeAts Property Code, that, as a purchaser of property In the residential
· · o e Is located, you are obligated to be a member of an owners' association·
commun In which the Pr p rty ..... e and a dedicatory Instrument
· ity use and occupancy of the Prop rty . .
Restrictive cove.n.a.n, ts. gove. mm.g .me _ __4 .... ,,,,~ ofthls residential community have been orvall be
govemlng the establishment, maintenance, ~.u ,.,1.,~,,~,~,,, ,
e Records of the countyln whlch the Propertyls ocated. Copies of the restrictive
recorded in the Real Prop rty ..... ~ ~c, rn th~ ~-,~unh/c~er~ You are obligated to pay
covenants and dedicatory !,n. sa'umem may be obta~n~ ........... · ·
ments to the ownem association. The amount of the assessments Is subject to change. Your failure
assess ........ "~- ""eh on and the foreclosure of the Property.
to pay the assessments coula r~u~ .~ ,= ,,
SALES PRICE: $ ~z,00o,o0
3 Cash portion of Sales price payable by Buyer at closing $ '
· · ..................... 0.00
Sum of all financing described below ..................... $ ,~:~,ooo.oo
B '
· Sales Price (Sum ora and B) ,
C.
FINANCING: W~thin N/A days after the effectiv.e date of this contract Buyer shall apply for.all third party
4. an assure lion and make everyreasonable effort to obtain financing
or noteholder's approval of y · P - - ' o have been obtained when the
finandng . · · a royal wdl be deemed t .
or assumption approva, l._Fmancmg or .a. ss.u?p_?_n, ,..P~P.4~.,~ ~nanc al rec~uirements (those items relating to
lender determines.that ~uyer.has ~?~. n,,_e..~_ _a~L~'l~'r~"~'ci~n; or assumption approval is not obtained within
Buyer's net wo~, income aha creoltWOrU lu ,~o./ ...........
· ereof this contract will terminate and the earpest money will be
~A _ da s after the effective date h ' --. - c vvendor's an~ deed oftrustllens.
~efunded to ~Y~yer. Each note to be executed heruu.der must be se_ured b_
The portion of Sales Price not payable in cash will be paid as follows: (Check applicable boxes below)
[] A. THIRD pARTY FINANCING:
This contract is subject to approval for Buyer of a third party loan In an amount not to
o price *evidenced by a third party firs. t lien promlssory note of
~ (1) exceed ~/A. yo of the Sales ~[/~..,'duelnfullin ~- ._ year(s), with lnterast not to exceed
not less than $ .._ year(s) of the lean·
.... ~'/,~. % per annum for the first ~-
- o a royal for Buyer of a third party loan In an amount not to
2 ' This. contract is subject t pP cond lien romlssory note
[] ( ) ~ Pflce evidenced by a third party se P
exceed r~/A. ~ of the Sales ' ........ ~/x ,,ear/s~, with Interest not to exceed
Irt B. SELLER FINANCINg: ,~ P 'Y deed of trust liens, In accordance ~th the .t. erms. a...n.d
Interest er annum, secured.by vendor's and cln Addendum· If an owner policy
conditionP; set forth in the a~[ached TREC Seller Finan g
Insurance is fumlshed, Buyer shall fumlsh Seller with a mortgagee policy of title insurance.
[] C. ASSUMPTION:
l'-I (1) Buyer shall assume the unpaid principal balance of a firstllenpromlssorynote payable to
whlch unpaid balance
Interest and any reserve oepo~m ~ ,~ _
~rst payment due alter, closing. . '0lA TRE.C NO. 9-4
Initialed for Identification by and Seller - '"'
sooow ~'~·~'' ~°~'v'~''rx ?~' ~t~' ~; u,&c-lm' ~,~.~ -.~'-. ......
pa ........ '----"-~es and extmterrito~al Jurisdiction. To de?..nn, !ne. ff the, P, rop,..e ,r~y
m.~Intalns a map mat oe?cts r~ ~u.,,.-o, [; .....~,-~ ....~o qkelv to be Iocate~ wttmn a munl~pal~'s
'"- · a munlc~ality's exlraternzonalju.nuu~,uu- ..... ~ o e fqr
~°.~tet~r~.a~ll ~u contact ati munldpatifies located In the general pro~mlty of the Pr p rty
rlsdictio
rther Information. . .'
(6) U~nCless expressly prohibited In wnfing by the parties, Seller re. ay continue to show the Property for sale
and to receive, negotiate and accept back-up offers·
7. PROPER'PC CONDITIO__N:_ ..... , ,-,,,,-~o. ~u,,er may have the Property Inspected by an Inspector
A i~RPECTIONS, ACCE~ ~v~u u ~ ~-~ ~,-,. % · _ _f,,.,~ hv I~w to make such Inspections Seller shall
'' ;;~'~ed by Buyer, licensed by!RfC or omenN1se pem,~- -~ ......
t reasonable times for Inspection, repairs and treatment and 'for
rrnlt acc, ess to the Property a. ......... ~,,~ Re e II oay for tumln on utilities for
rP~nspecflon after repairs and treatment nave oee[~ ~.~-,F,~ ...... il_r sha _ _ g
Inspection and relnspe _cti_o_n._ ....... ~',,-,~. ~OTICE' Buyer should determine the availability of utillti
to the Property su~tab e to satis~ ~u.y~ -~,,-,. x
CI (1) In addition to any earnest money deposited with escrow agent, Buyer has paid Setier
. - · e" for the unrestricted right to terminate thls contract by giving
$ ~'/A.(the Option F..e.. ).... ., .... a,,,~h,~effecfive dateofthlscontract- If Buyer
~tice of termination to Seller w~mln ~ .. u,~..~ ~,,,~;_-~.~^, ~e will not be refunded, however,
;~v~s notice of termination within the arn_e specm,,e~,. ~.~_u.,~ ~, ,,, ~,~'~lv e notice of termination wtthtn
~ e~'~nest money w~ll be refunded to ~uyer. il ~u~.~, ~,,, ......
the fime specified, Buyer will be deemed to have accepted the Property In l{s current condition and
the Option Fee I-I will I-I will not be credited to the Sales Price at dosing.
:~(2) Buyer accepts the Property In Its present condition.
8. BR(~KERS' FEES: Ail obligations of the parties.for payment of brokers' fees are contained in separate
written agreements. ,20~ .., or
9. CLOSING: The dosing of the sale will be on or before ~ 15,
· · d in the Commitment or by the survey have. been ca~ed,
vs after objections to matters d~sdose . ' .... ,.' .... ,,royal has been obtained pursuant
w~.thl.n 7 da,.. -,ct Ith~. Closino Date). If financing or a.ssu,.~y,,,,- ~.~. ........ ~,, ,,~th lender's doslng
re ulrernents, lfeltner .p. ar~ra'.~; ...... h 15 At dosing Seller snail turn~sn
- q --,-- .-~, remeoies contameo in ~arag~ap .. ~, .-,-,,~ ,,,,nve~nn hood and Indefeeslble time
certificates showing no de~mquem ~ax
showing no additional exceptions to those permitted Id Paragraph 6.
10, POSSESSION: Seller shall deliver possession of the Property to Buyer at dosing and funding.
atements and business details applicable to this sale. TREe
O SIONS (Insertonlyfactualst. der orwhlchacontractaddendum,
t. S .EC L P , _Vj · fact., sta,er, ents orbus!n?ss-
rules prohlblth~nsees from a_d.d_ing ~,,, EC for man(mtory use.~
lease or other torm. has been prumulgated ,.~ TR
T~IIMINA%'E THIS CO.F~RAC~ A~D Bi[ ~2iTI'FLE D ~O A~ L%fM~D1ATE p~Ft~D OF 1TS CLOSING COSTS.
T .?~"13~G. IF!HE '~ll *5 ~ ~ A ~ ~'~ ' ~'''- . _ __ WiLL ~ROY~DE A ]~X) S~FACE ROAD TO SELLER'S
3) ,,~.F~, ~l~ TF.,%-[-iN~ HAS BEEN A~PROYF-D BY BOYF'P~ BU¥ 15~
~L4.y REMOV~ I~S pF/%.~oNAL P.ROPERTY FRO
~ ROP ERTY S O 1*HAT b'ELLF-R_] ...... ~ vi3 ~.~l,~.~ ~RIOR TO CTA'),%qNG. ~ ....... ~ ~m~N lZF~MoY~D.
nltialed for Identification by Buyer._ . and Seller._ ~ . '