HomeMy WebLinkAboutRES 071409-P - Sale Old Albertson BuildingRESOLUTION NO.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
GEORGETOWN, TEXAS, DECLARING AS SURPLUS PROPERTY
CERTAIN CITY -OWNED REAL PROPERTY, IMPROVEMENTS, AND
PERSONAL PROPERTY LOCATED AT 610 NORTH AUSTIN AVENUE,
GEORGETOWN, TEXAS, MORE PARTICULARLY DESCRIBED AS LOT
1, BLOCK B. FOSTER SQUARE, ACCORDING TO THE MAP OR PLAT
THEREOF RECORDED IN CABINET N, SLIDE 47 OF THE PLAT
RECORDS OF WILLIAMSON COUNTY STREET, AUTHORIZING THE
SALE OF SUCH PROPERTY, ESTABLISHING THE MINIMUM BID;
APPROVING THE FORM OF THE INVITATION FOR BIDS; AND
ESTABLISHING AN EFFECTIVE DATE.
WHEREAS, on September 16, 2008 the City acquired the following described tract of
land, along with the improvements and personal property located thereon (hereinafter
referred to as the ' Property"):
Lot 1, Block B, Foster Square, according to map or plat thereof recorded in
Cabinet N, Slide 47, of the Plat Records of Williamson County, Texas.
WHEREAS, the City Council finds it to be in the best interest of the citizens of
Georgetown to declare the Property as surplus property and offer it for sale to the public
by solicitation of sealed bids.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF GEORGETOWN, TEXAS, THAT:
SECTION 1. The facts and recitations contained in the preamble of this resolution
are hereby found and declared to be true and correct, and are incorporated by reference
herein and expressly made a part hereof, as if copied verbatim. The City Council hereby
finds that this resolution is not inconsistent with the 2030 Comprehensive Plan.
SECTION 2. The above -described Property is hereby declared as surplus property
by the City Council of the City of Georgetown and City staff is hereby directed to effect the
sale of the Property by providing notice and soliciting sealed bids from the public.
SECTION 3: The Invitation for Bids attached hereto as Attachment 1 is hereby
approved, and the minimum bid for consideration by the City shall be FOUR MILLION
THREE HUNDRED EIGHTY THOUSAND DOLLARS (S4,380,000).
Sale of Old Alb
Resolution No.
Page 1 of 2
SECTION 4: The Mayor is hereby authorized to sign this Resolution and the City
Secretary to attest thereto on behalf of the City of Georgetown.
SECTION 5. l'his resolution shall be effective immediately upon adoption.
RESOLVED this 14th day of July, 2009.
ATTEST:
THE CITY OF GEORGETOWN:
By; .
Secretary George G. Garver, Mayor
APPROVED AS TO FORM:
City Attorney
Sale of Old Albertson's Q
Resolution No. -7 1' (Q°1
Page 2 of 2
INVITATI !N T i I
SEALE 1 :I 1 # 29058
Sale of Former Albertson's uilding
Last rev. 7/15/2009
TABLE OF CONTENTS:
1. Instructions
2. Property Information
3. Bid Form and General Conditions
Attachment 1. Purchase Agreement
Attachment 2. Certification of No Debts Owed to the City
Attachment 3. List of Properties Owned within the City of Georgetown
Attachment 4. Additional Bidder Information Form
Attachment 5. Conflict of Interest Statement
Attachment 6. $25,000 Cashier's Check or Money Order or Irrevocable
Letter of Credit in a form acceptable to the City — Bid
Deposit/Earnest Money
1. INSTRUCTIONS
SEALED BID # 29058 — Sale of Former Albertson's Building
YOU MUST SUBMIT A COMPLETE BID
OR
IT MAY BE DISQUALIFIED
I. GENERAL INFORMATION
A. Read these the Instructions, General Conditions, Bid Form and all attachments
carefully.
B. Complete ALL of the following:
Bid Form
Attachment 1.
Attachment 1.
Attachment 2
Attachment 3.
Attachment 4.
Attachment 5.
Purchase Agreement
Certification of No Debts Owed to the City
List of Properties Owned within the City of Georgetown
Additional Bidder Information Form
Conflict of Interest Statement
$25,000 Cashier's Check or Money Order or Irrevocable
Letter of Credit in a form acceptable to the City — Bid
Deposit/Earnest Money
C. Submit your bid for the Property in a sealed envelope to:
If mailed
Ms. Marsha Iwers
Purchasing Manager
City of Georgetown
P.O. Box 409
Georgetown, Texas 78627-0409
If hand -delivered:
Ms. Marsha Iwers
Purchasing Manager
City of Georgetown
300-1 Industrial Avenue
Georgetown, Texas 78626
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with the following words typed on the exterior of the envelope:
SURPLUS PROPERTY SALE
SEALED BID # 29058 — Sale of Former Albertson's Building
To Be Opened: October 1, 2009 at 4:00 P.M.
D. All bids must be received at City Hall, 113 E. 8th Street Georgetown, Texas
78262 no later than 3:00 P.M. on Thursday, October 1, 2009.
E. You may but are not required to, attend the bid opening, which will be at 4:00
P.M. on Thursday, October 1, 2009 at City Council Chambers, 101 E. 7`h Street,
Georgetown, Texas.
F. ALL SALES ARE SUBJECT TO APPROVAL OF THE GEORGETOWN
CITY COUNCIL
G. No oral guarantee or assurance concerning the property has been made, and
furthermore, no City employee is authorized to make any guarantee or assurance
Bidders are cautioned to investigate the property thoroughly before submitting a
bid.
H. No Public Official, employee, or agent of the City shall have any interest in this
property that violates federal or state law, including without limitation the
provisions of Texas Government Code Chapter 171.
II. RULES FOR BIDDING
A. Bids must on the official Bid Form., including all attachments and the Bid
Deposit/Earnest Money deposit, signed by an authorized representative of the
Bidder, and placed in a sealed envelope with the Bid Title and Bid Number on
the outside of the envelope
B. Bids may be mailed or hand -delivered to the address shown below.
Responses sent by facsimile transmission or electronic mail will not be
accepted.
If mailed
Ms. Marsha Iwers
Purchasing Manager
City of Georgetown
P.O. Box 409
Georgetown, Texas 78627-0409
SEALED BID # 29058 — Sale of Former Albertson's Building
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If hand -delivered:
Ms. Marsha Iwers
Purchasing Manager
City of Georgetown
300-1 Industrial Avenue
Georgetown, Texas 78626
SEALED BID # 29058 — Sale of Former Albertson's Building
C. Any questions relating to this Invitation for Bid must be submitted in writing
to:
Marsha Iwers
Purchasing Manager
City of Georgetown
P.O. Box 409
Georgetown, Texas 78627-0409
SEALED BID # 29058 — Sale of Former Albertson's Building
D. Bids will be received by the City by 3 00 p.m. on October 1 2009. NO
BIDS WILL BE ACCEPTED AFTER THAT TIMI4. On that date, all bids
will be opened and publicly read aloud at 4:00 p.m., in the City Council
Chambers of the City of Georgetown, 101 E 7th Street, Georgetown,
Texas
F. All bids shall remain in effect for ninety (90) days after the due date of the
submission.
F. The City Council shall have the final authority to make a final decision, and
may select a bid deemed by the City Council to be in the City s best interest
considering the proposed use of the Property, the fiscal soundness of the
respondent, and/or the greatest amount.
G. The City reserves the right to reject any or all responses, to waive any
minor irregularities or technicalities, and to accept any response it deems
to be in the City' best interest. The City further reserves the right to reject a
response if more than one response is received from an individual/entity,
and/or if it is found that collusion exists amongst responders. Incomplete
submittals may not be considered.
H. Selection of a successful respondent is subject to the recommendation of the
City Manager and approval of the City Council. The City reserves the right to
negotiate an agreement with the respondent who is ranked by the City
Manager (or his designee) as the #1 Responder; however, if no agreement is
reached, then the City may, in his sole discretion, commence negotiations with
the responder who is ranked by the City Manager (or his designee) as the #2
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Responder, and so forth until an agreement is reached with a Responder or all
responses are rejected The City is not required to accept any response or
offer or to complete a sale or exchange.
I. ALL SALES ARE SUBJECT TO APPROVAL BY THE CITY
COUNCIL OF THE CITY OF GEORGETOWN, TEXAS. THE CITY
COUNCIL RESERVES THE RIGHT TO REJECT ANY AND ALL
BIDS. THE CITY COUNCIL IS NOT REQUIRED TO ACCEPT ANY
BID OR OFFER OR TO COMPLETE A SALE OR EXCHANGE.
J. Conflicts of Interest will be subject to the provisions Chapter 176 of the Texas
Local Government Code are required to fill out a Conflicts of Interest
Questionnaire.
K. The bidder agrees to and shall indemnify and hold harmless City, its officers,
agents, employees, and elected officials from and against any and all claims,
losses, damages, causes of action, suits, and liability of every kind, including
all, but not limited to, expenses of litigation, court costs, and attorney's fees,
for injury to or death of any person, or damage to any property, arising out of
or in connection with the acts and/or omissions of bidder under this contract.
The City assumes no liability for anyone on the property.
L. Bids cannot be altered or amended after the submission deadline. Any
mterlineation, alteration, or erasure made before opening must be initialed by
the signer of the bid, guaranteeing authenticity. A bid may not be withdrawn
or canceled by the bidder without the permission of the City for a period of
ninety (90) days following the date designated for the receipt of bids, and
bidder so agrees upon submittal of a bid. For the purpose of proper bid
evaluation and approval, all bids shall remain firm and valid for a ninety (90)
day period, commencing on the day of the bid opening.
M. No oral statement of any person shall modify or otherwise change, or affect
the terms, conditions or specifications stated in the resulting contract. All
changes to the contract must be made in writing by the City of Georgetown.
Any interpretations, corrections or changes to this Invitation to Bid will be
made by addenda. Sole issuing authority of addenda shall be vested in City of
Georgetown Purchasing Manager Addenda will be marled to all who are
known to have received a copy of this Invitation to Bid. Bidders shall
acknowledge receipt of all addenda.
O. Bidder shall provide with the sealed bid response, all documentation required
by this Invitation to Bid Failure to provide information specifically requested
may result in rejection of your bid.
P. Any notice provided by this bid (or required by law) to be given to the
successful bidder by the City of Georgetown shall be conclusively deemed to
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have been given and received on the next day after such written notice has
been deposited in the mail in Georgetown, Texas, by Registered or Certified
Mail with sufficient postage affixed thereto, addressed to the successful bidder
at the address so provided, provided that this provision shall not be construed
to prevent the giving of actual notice in any other manner
The successful bidder shall not sell, assign, transfer or convey the Bid or the
Purchase Agreement, in whole or in part, without the prior written consent of
the City of Georgetown.
2. PROPERTY INFORMATION
SEALED BID # 29058 — Sale of Former Albertson's Building
A. Description/ Location:
Lot 1, Block B, Foster Square, according to map or plat thereof
recorded in Cabinet N, Slide 47, of the Plat Records of Williamson
County, Texas
Improvements• One-story, concrete -block, free-standing, single -tenant retail
building. The building was constructed in 1996 and contains 56,331 square
feet.
C. Current Zoning: C-3 "General Commercial"
D. Roads: East Side — North Austin Avenue
West Side — IH-35 frontage road
South Side — West Morrow Street
North Side — West Spring Street and the East Side of the
IH-35 northbound frontage road
Water and Wastewater Service: City water and wastewater service
available.
F. Electric Service: City electric service is available.
G. HOA/POA Provisions; Special District Provisions. Unknown. Purchaser
shall be solely responsible to make the determination as to whether the
Property is subject to deed restrictions, or is within a Homeowners'
Association, Property Owners' Association, or a special district.
H. Restrictive Covenants: Restrictive covenants in Cabinet N, Slide 47, Plat
Records of Williamson County, Texas and under County Clerk's File Nos.
9626729 and 9702979, Official Records of Williamson County, Texas.
Exceptions to Title:
a. A 10' public utility easement along the north side (Spring
Street), the west side (1-35), the south side (Morrow Street), and the north
side of the Schneider tract; a 15' public utility easement along the east and
west side from U S. Highway to a 25' public utility easement running
north and south through the land; a 10' building line along the east side; a
25' building line along the east, south, north and west lines; possible
building encroachment of a 25' building line set back along the south side;
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and a 30' private access easement along the east line as shown on the plat
recorded under Cabinet N, Slide 47 of the map records of Williamson
County, Texas.
b. Terms, conditions, and stipulations of the Edwards Aquifer
Protection Program as disclosed by an Affidavit dated 9-16-1996,
recorded under County Clerk's File No. 1996049654, Official Records of
Williamson County, Texas.
c. Terms, conditions and stipulations contained in Easement
Agreement recorded as Document Number 1996026728 re -filed under
1997002958, Official Records, Williamson County, Texas.
d. Terms, conditions and stipulations contained in Easement
Agreement recorded as Document Number 1996026729 re -filed under
1997002979, Official Records, Williamson County, Texas.
e. Terms, conditions and stipulations contained in Easement
Agreement: Recorded as Document Number 1997023191, Official
Records, Williamson County, Texas.
f. Rights to oil, gas and other minerals of every kind and
character in, on and under the Property.
J. Survey: The City will make available a copy of a current survey, if available.
If the Bidder requires a survey, or an updated survey (as applicable), the
Bidder must contract with an outside agent and pay all costs associated with
the survey.
K. Phase I Environmental Site Assessment: The City will make available a
copy of the Phase I Environmental Assessment prepared for the City of
Georgetown and dated July 21, 2008 If the Bidder requires an updated ESA
or an ESA that will inure to the benefit of the Bidder, the Bidder must contract
with an outside agent and pay all costs.
L. Radius Report: The City will make available a copy of the Radius Report
prepared for the City of Georgetown dated July 2, 2008. If the Bidder
requires an updated Radius Report, the Bidder must contract with an outside
agent and pay all costs for the update.
M. Title Insurance: Base premium cost of Owner's Policy to be paid by the
City.
N. Minimum Bid: FOUR MILLION THREE HUNDRED EIGHTY
THOUSAND DOLLARS ($4,380,000.00)
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O. Bid Deposit/Earnest Money: $25,000, to be submitted with the bid and paid
in the form of a Cashier's Check or Money Order made payable to the
Georgetown Title Company. In lieu of a certified check or money order, the
Bidder may submit an Irrevocable Letter of Credit in a form acceptable to the
City
P. The Property will be sold "AS IS WHERE IS WITH ALL FAULTS
CONDITION, ' subject to any and all conditions of record in the Official
Records of Williamson County, Texas, and/or the conditions or encumbrances
set forth in the conveyance documents. The City does not warrant against any
defects in title and the Property will be conveyed by Special Warranty Deed in
the form attached hereto. Purchaser shall pay all costs of closing. Acceptance
of the bid will satisfy all delinquent City taxes on the Properties, if any, but no
other taxes.
Q. Each bidder must complete the BID FORM and all required attachments,
which can be obtained by contacting Paul Brandenburg, City Manager, City
Hall, 113 E 8th Street, Georgetown, Texas 78626 between the hours of 8:00
a.m and 5:00 p.m. Monday through Friday, or by calling 512-930-3623 and
requesting the BID FORM to be sent via fax or e-mail. All bid submissions
will be the property of the City and are non -returnable. Bids must be
complete and free from ambiguity. All bids submitted shall be valid for a
period of not less than ninety (90) days. Bids must be submitted in a sealed
envelope with the following information marked on the outside of the
envelope: "SEALED BID # 29058; Sale of City- Owned Property — Old
Albertson's Building."
R. The proposed Purchase Agreement is attached to the Bid Form as
Attachment 1. The successful bidder shall sign the Purchase Agreement
within thirty (30) calendar days after acceptance of the bid by the City
Council.
S. The Proposed form of Special Warranty Deed is attached to the Bid Form as
Exhibit A to Attachment 1.
T. The Proposed Bill of Sale is attached to the Bid Form as Exhibit B to
Attachment 1.
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3. BID FORM AND GENE'. L CONDITIONS
SEALED BID # 29058 — Sale of Former Albertson's Building
All bids must be received
no later than 3:00 P.M. on Thursday, October 1, 2009.
If mailed:
Ms. Marsha Iwers
Purchasing Manager
City of Georgetown
P.O. Box 409
Georgetown, Texas 78627-0409
If hand -delivered:
Ms. Marsha Iwers
Purchasing Manager
City of Georgetown
300-1 Industrial Avenue
Georgetown, Texas 78626
with the following words typed on the exterior of the envelope:
SURPLUS PROPERTY SALE
SEALED BID # 29058 — Sale of Former Albertson's Building
To Be Opened: October 1, 2009 at 4:00 P.M., in the Council Chambers
` I hereby submit my bid for the purchase of the following described Property, including
the building located thereon:
Property Description/Address: 610 North Austin Avenue, Georgetown, Texas -
Lot 1, Block B Foster Square, according to map or plat thereof recorded
in Cabinet N, Slide 47, of the Plat Records of Williamson County, Texas.
Bid Amount for the Property:
(NOTE: Minimum Bid is $4,380,000)
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Proposed Use of the Property:
"I understand and agree that by submitting this offer for the Property, the "General
Conditions" described below, are part of this proposal and that the "General
Conditions for Proposals" survive the closing of this transaction, if approved, and
delivery of any deed or other instrument in connection with the sale of the Property.
I understand that in addition to the Bid Amount for the property, I must pay a deed
recording fee.
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GENERAL CONDITIONS
SEALED BID # 29058 — Sale of Former Albertson's Building
The land and any improvements described in the Invitation to Bid Sealed Bid #29058
shall herein be referred to as the "Property". I understand that the Property is purchased
"as is, where is, with all faults". I understand that is my responsibility to examine all
applicable building codes and zoning ordinances to determine if the Property can be used
for the purposes desired. I understand that it is my responsibility to check for outstanding
or pending code enforcement actions including, but not limited to, repair or demolition
orders. Code Enforcement inquiries can be directed to City of Georgetown Code
Enforcement Department, P O. Box 409, Georgetown, Texas 78626; telephone number
(512) 930-8452.
I understand that the City of Georgetown disclaims responsibility as to the accuracy or
completeness of any information relating to the Property for sale and that the data in the
Invitation for Bids and the newspaper advertisement is for information only.
The transaction to the maximum extent allow by law, is made on an "as is, where is,
with all faults" basis and is subject to all visible and apparent easements and any other
instruments or record. Taxes will be assessed from the date of closing, except taxes for
omitted property, as defined in Section 25 21 of the Texas Property Tax Code are the
purchaser's responsibility. I understand that the City of Georgetown is not responsible
for any misrepresentations, failures of disclosure, errors or any negligent or wrongful acts
occurring in the context of or pertaining to the closing of this transaction.
I hereby represent by submitting this response that I am financially capable of obtaining
and have ready access to sufficient funds to pay the purchase price. The Bid Deposit will
be returned without interest if my proposal is not accepted. The City of Georgetown's
responsibility to return the deposit to me shall extend only to depositing same in the U.S.
mail to the undersigned at the address below on or before thirty (30) days from the date
this bid is rejected. The City reserves the right to reject any and all bids.
If my bid is accepted I understand that the Bid Deposit will become the Earnest Money
deposit and will be forwarded to Georgetown Title Company along with the signed
Purchase Agreement.
I understand that the City of Georgetown will not provide a title policy for the Property,
but that I may obtain a title policy at my own expense. I represent and certify to the
City that I have no outstanding City of Georgetown judgments against me or my
property and I am not delinquent on the payment of any taxes or non -tax liens on
property owned by me in the City of Georgetown. This statement is true and
correct for the individuals or entities submitting this proposal, their spouses, and
any individual, their spouse, or entity with a shared controlling interest.
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To the maximum extent allowed by law, the City of Georgetown expressly disclaims,
and I expressly waive, any warranty or representation, express or implied, including
without limitation any warranty of condition, habitability, merchantability or
fitness for a particular purpose. The City of Georgetown makes no representations
of any nature regarding the Property and that the City of Georgetown specifically
disclaims any warranty, guaranty or representation, oral or written, express or
implied, past, present, or future, concerning: (i) the nature and condition of the
Property, including without limitation, the water, soil and geology, and the
suitability thereof and the Property for any and all activities and uses which
Grantee may elect to conduct thereon, and the existence of any environmental
substances, hazards or conditions or presence of any endangered or protected
species thereon or compliance with all applicable laws, rules or regulations, (ii) the
nature and extent of any right-of-way, lease, possession, lien, encumbrance, license,
reservation, condition or otherwise, and (iii) the compliance of the Property or its
operation with any law, ordinance or regulation of any federal, state, or local
governmental authority, and (iv) whether or not the Property can be developed or
utilized for any purpose. For purposes hereof, "environmental substances" means
the following, (a) any "hazardous substance" under the Comprehensive
Environmental Response, Compensation and Liability Act of 1980, 42 U.S.C.A.
Section 9601 et. seq., as amended, (b) any "hazardous substance" under the Texas
Hazardous Substances Spill Prevention and Control Act, Tex. Water Code, Section
26.261, et. seq., as amended, (c) petroleum or petroleum -based products (or any
derivative or hazardous constituents thereof or additives thereto), including without
limitation, fuel and lubrication oils, (d) any "hazardous chemicals" or "toxic
chemicals" under the Occupational Safety and Health Act, 29 U.S.C.A. Section 651
et. seq., as amended, (e) any "hazardous waste" under the Resource Conservation
and Recovery Act, 42 U.S.C.A Section 6901 et. seq., as amended, (f) asbestos, (g)
polychlorinated biphenyls, (h) underground storage tanks, whether empty, filled, or
partially filled with any substance, (i) any substance, the presence of which is
prohibited by federal, state or local laws and regulations, and (j) any other
substance which by federal, state or local laws and regulations requires special
handling or notification of governmental authorities in its collection, storage,
treatment or disposal. References to particular acts or codifications in this
definition include all past and future amendments thereto, as well as applicable
rules and regulations as now or hereafter promulgated thereunder.
By submitting this proposal, I hereby waive and release any rights I may have either now
or in the future, to undertake any legal or equitable action against the City of Georgetown
itself for failure to properly advertise or notice the sale of the Property or to properly
conduct the sale of this Property and hereby covenants not to sue the City of Georgetown
in connection with the advertisement, notice of the sale or sale of the Property. Upon my
death or mental incapacity, the proposal submitted shall become null, void and
unenforceable and the City shall have no further obligation to me, my estate or my
guardian. On behalf of me, my heirs or my estate, I hereby waive any rights I may have
to an award or conveyance of the Properties, in the event of my death or mental
incapacity.
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"Attached hereto are the following executed documents:
Li Attachment 1.
L Attachment 2.
Attachment 3.
Attachment 4.
LlAttachment 5.
LI Attachment 6.
Purchase Agreement
Certification of No Debts Owed to the City
List of Properties Owned within the City of Georgetown
Additional Bidder Information Form
Conflict of Interest Statement
$25,000 Cashier's Check or Money Order or Irrevocable Letter of
Credit in a form acceptable to the City — Bid Deposit/Earnest
Money
SIGNATURE
PRINTF D NAME
ADDRESS
CITY STATF ZIP
TELEPHONE ( ) or ( )
Please print name(s) to appear on deed if different than above:
ALL PROPOSALS MUST BE SIGNED BY HAND.
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Attachment 1
Purchase and Sale Agreement
THIS PURCHASE AND SALE AGREFMNNT (this "Agreement") is made and entered
into on the Effective Date (defined below) by and between, the CITY OF GEORGETOWN, a
Texas home -rule municipal corporation, situated in Williamson County Texas ("Seller"), and
, a ( Purchaser").
WITNESSETH:
ARTICLE 1)
Property
a) For the purchase price and upon the terms and conditions hereinafter set forth,
Seller does hereby agree to sell to Purchaser and Purchaser does hereby agree to purchase from
Seller:
All that certain tract or parcel of land comprising Lot 1, Block B, FOSTER
SQUARE, a subdivision in Williamson County, Texas according to the map or
plat thereof recorded in Cabinet N, Slide 47, Plat Records of Williamson County,
Texas (the `Land"), together with all improvements thereon (the
` Improvements"); all of Seller s right, title and interest, if any in and to any
appurtenances thereto (the "Appurtenances"); and all personal property owned by
Seller and located on or in the Land or the Improvements, if any (the "Personal
Property").
The Land, Improvements, Appurtenances and Personal Property collectively are called the
` Property".
ARTICLE 2)
Purchase Price
a) The purchase price of the Property (the "Purchase Price') shall be
and No/100 Dollars ($ ), payable in
cash, at Closing.
ARTICLE 3)
Earnest Money
a) On the Effective Date, Purchaser shall deliver to Georgetown Title Company of
702 S. Rock Street, Georgetown Texas 78626 (the ` Title Company") a check in the amount of
Twenty -Five Thousand and No/100 Dollars ($25,000 00) as an earnest money deposit (the
` Earnest Money"). All Earnest Money deposited hereunder shall be held and disbursed by the
Title Company as herein specified.
ARTICLE 4)
Survey
Purchase and Sale Agreement 1
a) Purchaser may, at Purchaser's expense, obtain a current or updated on -the -ground
Survey of the Property prepared by a Registered Professional Land Surveyor. The Survey must
be in a form and of a date reasonably acceptable to Purchaser and to the Title Company, and in
acceptable form in order to allow the Title Company to modify the survey exception to read "any
shortages in area." Purchaser shall promptly deliver a copy of the Survey to Seller and to the
Title Company.
ARTICLE 5)
Title Matters and Conveyancing Documents
a) Within seven (7) days after the Effective Date hereof, Seller shall obtain from the
Title Company and deliver to Purchaser a current commitment which is dated after the date
hereof, for the issuance of an Owner's Policy of Title Insurance (the `Commitment") in
Purchaser's favor in the amount of the purchase price for the Property and reflecting the
ownership of and encumbrances upon the Property, together with copies of all exceptions to title
reflected thereon. If the Commitment or the Survey reveals defects in title or other conditions
which Purchaser finds unacceptable, in Purchaser's sole discretion, Purchaser shall give notice to
Seller of such unacceptable conditions within fifteen (15) days after receipt by Purchaser of the
Commitment. Any liens or security interests securing indebtedness or title defects described on
Schedule "C" of the Commitment, shall be deemed unacceptable regardless of Purchaser's
failure to object to all such matters as aforesaid Seller may, but shall not be obligated to, cure
Purchaser's objections. If Seller does not cure all objections at least one (1) business day prior to
expiration of the Inspection Period, Purchaser, at Purchaser's sole election, either (i) may cancel
this Agreement prior to expiration of the Inspection Period and receive a return of the Earnest
Money, or (ii) may accept such title as Seller can deliver. Seller shall be deemed to have agreed
to cure, before Closing, all matters set forth on Schedule "C ' of the Commitment unless Seller
notifies Purchaser, at least five (5) days before expiration of the Inspection Period that Seller will
not cure any such matter. All matters permitted or approved or accepted by Purchaser hereunder
shall be "Permitted Exceptions." The Commitment shall be updated to the time of Closing and
at that date shall reveal no other exceptions to title than appeared in the Commitment previously
approved by Purchaser as aforesaid.
b) Seller shall furnish Purchaser at Closing: (i) a Special Warranty Deed to the
Property (the "Deed") which shall except from the warranty of title all matters filed of record and
reflected in the Commitment to which Purchaser has agreed, accepted or to which Purchaser has
been deemed to have waived objection and to ad valorem taxes for the year of Closing and shall
otherwise be in the form attached to this Agreement as Exhibit "A", and (ii) a Quitclaim Bill of
Sale, conveying Seller's interest in the Personal Property, without warranty, in the form attached
as Exhibit "B".
ARTICLE 6)
Inspections and Contingencies
a) To the extent that the following exist, are in the custody or control of Seller, and
can be obtained without unreasonable effort or expense (except that nothing herein contained
shall obligate Seller to obtain and deliver to Purchaser any documents on file with the Texas
Secretary of State, or filed in the Official Records of Williamson County, Texas), within seven
Purchase and Sale Agreement 2
(7) days after the Effective Date, Seller shall deliver the following items (collectively, the
"Property Information") to Purchaser:
(a) A copy of Seller's existing survey of the Property, if available;
(b) A copy of Seller's Phase 1 Environmental Assessment prepared for the
Seller dated July 21, 2008; and
(c) A copy of the Radius Report prepared for the Seller and dated July 2,
2008
In the event the Agreement is terminated prior to Closing, and as a condition to the release of the
barnest Money to Purchaser, Purchaser shall within ten (10) days after termination return to Seller
all information and documentation provided to Purchaser pursuant to this Section 6.1
PURCHASER ACKNOWLEDGES THAT SELLER HAS AGREED TO PROVIDE
PURCHASER WITH THE PROPERTY INFORMATION AND THAT THIS
INFORMATION HAS BEEN OR SHALL BE PROVIDED BY SELLER AS A
COURTESY TO PURCHASER. EXCEPT AS OTHERWISE PROVIDED HEREIN,
SELLER DOES NOT REPRESENT OR WARRANT (I) THE ACCURACY OR
COMPLETENESS OF THE INFORMATION SUPPLIED OR MADE AVAILABLE BY
SELLER, (II) ANY METHOD USED TO COMPILE THE INFORMATION OR (III)
THE QUALIFICATIONS OF THE PERSONS PREPARING THE INFORMATION. The
provisions of this paragraph shall expressly survive a termination of this Agreement.
6.2 Purchaser shall have from the Effective Date until 5:00 P.M., Austin, Texas time on
the thirtieth (30th) day after the Effective Date (the "Inspection Period"), to conduct such feasibility
studies with respect to the Property as Purchaser deems necessary in order to determine whether the
Property is suitable for Purchaser's intended use. If Purchaser determines for any reason or no
reason, in Purchaser's discretion that the Property is unacceptable, then Purchaser may give written
notice to Seller prior to the expiration of the Inspection Period of its election to terminate this
Agreement. If Purchaser fails to give Seller written notice on or prior to the end of the Inspection
Period that Purchaser wishes to terminate this Agreement, then Purchaser shall be deemed to be
satisfied with the condition of the Property, and willing to close this transaction in the manner and
for the Purchase Price herein specified If Purchaser terminates this Agreement or if this Agreement
automatically terminates pursuant to this Section 6.2, then this Agreement shall be terminated the
Title Company shall return the Earnest Money to Purchaser (less the amount of $100 which shall be
paid to Seller as independent consideration for Purchaser s right to terminate this Agreement
pursuant to the provisions of this Section 6.2), and neither party shall have any further rights, duties
or obligations hereunder except for those matters which expressly survive a termination of this
Agreement.
6.3 Upon at least twenty-four (24) hours prior notice to Seller, and accompanied by a
Seller representative if deemed necessary by Seller in Seller's sole discretion from and after the
Effective Date, Purchaser, its agents or employees shall have reasonable access to the Property
during all normal business hours, and Seller agrees to cooperate with Purchaser in Purchaser's
inspection of the Property.
6.4. All inspections and testing of the Property on behalf of Purchaser are done at
Purchaser s sole cost, risk, and expense. Purchaser will not alter the physical condition of the
Purchase and Sale Agreement 3
Property without notifying Seller of its requested tests and obtaining Seller=s written consent,
which may be granted or denied in Seller's sole discretion.
6.5 Purchaser agrees to indemnify, hold harmless and defend (with counsel
reasonably satisfactory to Seller), and hereby releases, Seller, Seller's officers, employees, and
agents, from and against all losses, claims, costs, damages, and liabilities arising out of or in
connection with (i) damage to the Property caused during an inspection of the Property by
Purchaser and its agents, servants, employees, and contractors, including, without limitation,
attorneys' fees and court costs and expenses, whether at the trial or appellate level; (ii) injury to
persons caused by Purchaser and its agents, servants, employees, and contractors arising out of
Purchaser's inspection of the Property; and (iii) any liens filed against the Property arising out of
Purchaser's inspection. The provisions of this Section 6.5 will expressly survive termination of
this Agreement
ARTICLE 7)
Terms of Sale
7.1 Seller is selling the Property to Purchaser on an "As -Is" basis, and without any
representations or warranties other than those expressly set forth in this Agreement.
Purchaser is being afforded a lengthy inspection and feasibility period under this
Agreement, during which Purchaser will have the opportunity to inspect and study every
aspect of the Property, both personally and through consultants of Purchaser's choice, to
Purchaser's entire satisfaction. Purchaser agrees that, anything herein to the contrary
notwithstanding, if Purchaser closes its purchase of the Property, Purchaser will be doing
so based upon its own studies and conclusions, and not based upon any representations or
warranties of Seller or any agent of Seller other than those expressly contained in this
Agreement. Seller specifically disclaims all implied warranties concerning the Property,
including the implied warranties of condition, habitability, merchantability, or fitness for a
particular purpose. Further, Seller makes no warranties regarding endangered species or
environmental conditions and specifically disclaims any warranty, guaranty or
representation, oral or written, express or implied, past, present, or future, concerning: (i)
the nature and condition of the Property, including without limitation, the water, soil and
geology, and the suitability thereof and the Property for any and all activities and uses
which Purchaser may elect to conduct thereon, and the existence of any environmental
substances, hazards or conditions or presence of any endangered or protected species
thereon or compliance with all applicable laws, rules or regulations, (ii) the nature and
extent of any right-of-way, lease, possession, lien, encumbrance, license, reservation,
condition or otherwise, and (iii) the compliance of the Property or its operation with any
law, ordinance or regulation of any federal, state, or local governmental authority, and (iv)
whether or not the Property can be developed or utilized for any purpose For purposes
hereof, "environmental substances" means the following; (a) any "hazardous substance"
under the Comprehensive Environmental Response, Compensation and Liability Act of
1980, 42 U.S.C.A. Section 9601 et. seq., as amended, (b) any "hazardous substance" under
the Texas Hazardous Substances Spill Prevention and Control Act, Tex. Water Code,
Section 26.261, et seq., as amended, (c) petroleum or petroleum -based products (or any
derivative or hazardous constituents thereof or additives thereto), including without
limitation, fuel and lubrication oils, (d) any "hazardous chemicals" or "toxic chemicals"
under the Occupational Safety and Health Act, 29 U.S.C.A. Section 651 et seq., as
Purchase and Sale Agreement 4
amended, (e) any "hazardous waste" under the Resource Conservation and Recovery Act,
42 U.S.C.A. Section 6901 et seq., as amended, (f) asbestos, (g) polychlorinated biphenyls,
(h) underground storage tanks, whether empty, filled, or partially filled with any
substance, (i) any substance, the presence of which is prohibited by federal, state or local
laws and regulations, and (j) any other substance which by federal, state or local laws and
regulations requires special handling or notification of governmental authorities in its
collection, storage, treatment or disposal. References to particular acts or codifications in
this definition include all past and future amendments thereto, as well as applicable rules
and regulations as now or hereafter promulgated thereunder. Purchaser agrees that this
provision of the Agreement is a material portion of the consideration for Purchaser's
purchase, and acknowledges that Seller would not agree to sell the Property to Purchaser
on any other basis. The provisions of this Section will survive closing
ARTICLE 8)
Closing Matters
8.1 Unless this Agreement is earlier terminated, the transactions contemplated hereby
shall be closed (the "Closing") on the thirtieth (30`h) day after expiration of the Inspection Period, or
on such earlier date as Purchaser and Seller shall mutually agree (the "Closing Date' ). Closing shall
be at the offices of the Title Company or at such other location acceptable to both Seller and
Purchaser.
8.2 At Closing:
(a) Purchaser shall:
(1) pay to Seller the Purchase Price;
(2) execute a counterpart original of the Bill of Sale,
(3) execute a closing statement prepared by the Title Company setting
forth the charges to Purchaser and prorations specified below; and
(4) deliver to Seller and the Title Company appropriate evidence of the
existence and authority of Purchaser.
(b) Seller shall:
(1) execute and deliver to Purchaser the Deed and an executed
counterpart original of the Bill of Sale; and
(2) execute a closing statement prepared by the Title Company setting
forth the charges to Seller and the prorations specified below.
(c) The Title Company shall issue an owner s policy of title insurance (the
"Owner's Policy ') to Purchaser in standard promulgated form, in the amount of the Purchase Price,
and reflecting only the standard printed exceptions and the Permitted Exceptions.
8.3 At Closing, Seller shall pay the base premium cost of the Owner's Policy; provided,
however, that Purchaser shall bear any additional cost or premiums for deleting any exceptions or
obtaining endorsements to the Owner's Policy if such deletion or endorsement is requested by
Purchase and Sale Agreement 5
Purchaser and available. Other expenses charged by the Title Company in connection with the
Closing, such as escrow fees and recording costs shall be divided equally between Seller and
Purchaser at Closing. Each party shall bear its own legal expenses and all other expenses not
specifically addressed in this Agreement shall be allocated as is customary in Williamson County
Texas.
8.4 At Closing, real estate and personal property taxes shall be prorated based upon the
most recent tax bill available. If for any reason ad valorem taxes for such calendar year have not
been assessed as of the Closing Date, such proration shall be based upon the tax rate for the
immediately preceding year applied to the latest assessed valuation of such taxing entity, which
proration shall be considered final for all purposes, and not subject to adjustment.
8.5 If reasonably possible, Seller shall cause the providers of all utilities to the Property
to read the meters or otherwise determine the charges with respect to such service on and through
the Closing Date. Seller shall be responsible for all such utility expenses prior to the Closing Date
and Purchaser shall be responsible for any utilities provided on or subsequent to the Closing Date.
If Seller is not able to get a particular utility service to read the meter or otherwise determine the
charges for such utility through the Closing Date, Seller and Purchaser shall prorate the expenses
associated with such utility service after the Closing based on the number of days covered by the
bill sent by such utility which includes the Closing Date. Seller shall be entitled to have all utility
services discontinued from its name or the name of its property manager on the Closing Date and
shall be entitled to receive all deposits and refunds paid by the utility providers with respect to such
service. Seller and Purchaser shall cooperate reasonably in arranging for utility services to be
provided in the name of Purchaser or its property manager; provided, that Purchaser shall be
responsible for all deposits connection fees and other charges and expenses associated with such
services.
ARTICLE 9)
Default
a) If Seller is in default hereunder, Purchaser not being in default, Purchaser may, as
Purchaser's sole remedies, either enforce specific performance of this Agreement against Seller,
or cancel this Agreement and receive a refund of all Earnest Money. Failure to cure title or
survey objections shall not be treated as a default by Seller and in such cases, Purchaser's only
remedy shall be to terminate this Agreement and receive a refund of all Earnest Money as
provided herein.
b) If Purchaser is in default hereunder, Seller not being in default, Seller, as Seller's
sole remedy may cancel this Agreement and retain all Earnest Money, such amount constituting
liquidated damages and not a penalty, it being agreed that such sum is reasonable in view of the
difficulty of ascertaining actual damages, Seller waiving any other remedies to which Seller may
otherwise be entitled.
9.3 Notwithstanding the foregoing, nothing herein contained shall limit the remedies
available to either Seller or Purchaser for any matter which expressly survives closing or
termination of this Agreement.
ARTICLE 10)
Purchase and Sale Agreement 6
Condemnation and Casualty
a) During the period from the date hereof to Closing, all risk of loss from
condemnation or eminent domain shall be borne by Seller If any condemnation proceedings are
instituted or threatened between the date hereof and Closing, Purchaser may elect to close and
receive an assignment of all condemnation awards, or cancel this Agreement and receive a
refund of all Earnest Money.
10.2 During the period from the date hereof through Closing, all risk of loss from fire
or other casualty shall be borne by Seller. If any such casualty loss in an amount in excess of
$350 000.00 occurs between the date hereof and Closing, Purchaser may elect to close and
receive an assignment of all insurance proceeds, or cancel this Agreement and receive a refund
of all Earnest Money If Purchaser elects to cancel this Agreement pursuant to this paragraph
Seller shall be entitled to retain any and all insurance proceeds.
ARTICLE 11)
Attorney's Fees
a) If either party brings suit for the breach of any covenant, condition or agreement
contained herein, the prevailing party shall be entitled to recover all reasonable attorney's fees
and expenses in connection therewith.
ARTICLE 12)
Notices
a) Any notice pursuant to this Agreement shall be given in writing by (a) personal
delivery, or (b) expedited delivery service with proof of delivery, or (c) United States Mail
postage prepaid registered or certified mail, return receipt requested, or (d) prepaid telegram
telex, fax, or electronic mail (provided that such telegram, telex, fax, or electronic mail is
confirmed by expedited delivery service or by mail in the manner previously described), sent to
the intended addressee at the address set forth below, or to such other address or to the attention
of such other person as the addressee shall have designated by written notice sent in accordance
herewith, and shall be deemed to have been given either at the time of personal delivery, or, in
the case of expedited delivery service, as of the date of first attempted delivery at the address and
in the manner provided herein, or, in the case of mail, on the third (3`d) business day after
deposited in the U.S mail as provided in subpart (c) of this Section 12.1, or in the case of
telegram, telex or telecopy upon receipt. Unless changed in accordance herewith, the address
for notices given pursuant to this Agreement shall be as follows:
Purchase and Sale Agreement 7
To Seller at:
With a copy to:
City of Georgetown
113 E. 8th Street
Georgetown, Texas 78627
Attn• Paul E. Brandenburg, City Manager
Tel: (512) 930-3651
Fax: (512) 930-3622
E-Mail: pbrandenburg@georgetown.tx.org
Patricia E. Carts
Carts, McDonald & Dalrymple, LLP
Barton Oaks Plaza
Building 2, Suite 500
901 South MoPac Expressway
Austin, Texas 78746
Tel: (512) 623-5431
Fax: (512) 472-8403
E-Mail: tcarls(aicmcdlaw.com
And To Purchaser at:
Attention:
Tel: ( )
Fax ( )
E-Mail:
ARTICLE 13)
Time is of the Essence
a) The obligations and undertakings of the parties hereto shall be performed within
the time specified therefor, time being of the essence, and failure to perform within such time
shall constitute a breach of this Agreement on the part of the party who fails to perform.
ARTICLE 14)
Binding Fffect; Assignment
a) This Agreement shall be binding upon and inure to the benefit of the parties
hereto, their respective heirs, successors and permitted assigns. Purchaser shall not assign or
transfer all of any part of its interest under this Agreement without the express written consent of
Seller.
ARTICLE 15)
Other Provisions
a) This writing and the exhibits hereto set forth the entire agreement between the
parties, and no other statement, agreement or understanding, oral or written, will be recognized
Purchase and Sale Agreement 8
or enforced unless the same shall be in writing and signed by both parties subsequent to the date
hereof.
b) Purchaser may, at Purchaser's option, waive any condition or contingency of this
Agreement and proceed to close despite the condition or contingency
c) This Agreement may be executed simultaneously in two (2) or more counterparts,
each of which shall be deemed an original, but all of which shall constitute one and the same
instrument.
d) This Agreement shall be governed by Texas law and all causes of action in
connection herewith shall be maintained in proceedings filed in Williamson County, Texas.
e) If any of the deadlines set forth herein end on a Saturday, Sunday or legal holiday,
such deadline shall automatically be extended to the next day which is not a Saturday Sunday or
legal holiday. The term `business days" as used herein shall mean all days which are not a
Saturday, Sunday or legal holiday.
f) Seller and Purchaser each represent and warrant to the other that they have full
authority to execute this Agreement and fulfill all of the terms and conditions hereof. Seller and
Purchaser shall present to each other and the Title Company all reasonable evidence of authority
which may be requested in connection with this Agreement.
15.7 If, and only if, this transaction closes in accordance with this Agreement Seller
shall pay any broker retained by Seller by separate written agreement ("Seller's Broker') a
commission in accordance with such separate agreement. Any broker retained by Purchaser shall
be obligated to execute a separate agreement for sharing commission with Seller's Broker, and
Seller shall not be a party to such agreement, nor liable for the payment of any commission
directly to Purchaser's broker. Seller and Purchaser agree to hold one another harmless from any
cost or claim of any other agent, broker or other person alleging to be acting for the indemnifying
party for fee, commission or other compensation by reason of this transaction.
ARTICLE 16)
Offer; Effective Date
a) The parties agree to deposit with the Title Company a fully executed copy of this
Agreement with all attachments and exhibits hereto. The date of the Title Company's receipt of
such fully executed copy of this Agreement as set forth below shall be deemed to be the date of
this Agreement and shall be referred to as "the date hereof' or the "Effective Date".
[The remainder of this page is intentionally left blank]
Purchase and Sale Agreement 9
IN WITNESS WHEREOF, this Agreement has been duly executed on the dates set forth below,
to be effective on the Effective Date.
SELLER:
CITY OF GEORGETOWN
a Texas home -rule municipal corporation
Date: By:
Name.
Title:
APPROVED AS TO FORM:
Patricia E. Carls,
Carls, McDonald & Dalrymple, LLP
City Attorney
PURCHASER:
A
Date:
By•
Name:
Title:
Purchase and Sale Agreement 10
Receipt of executed copy of this Agreement is hereby acknowledged this day of
, 200 .
GEORGETOWN TITLE COMPANY
By:
Escrow Officer
Purchase and Sale Agreement 11
EXHIBIT A
TO
PURCHASE AND SALE AGREEMENT
NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON,
YOU MAY REMOVE OR STRIKE ANY OF THE FOLLOWING INFORMATION
FROM THIS INSTRUMENT BEFORE IT IS FILED FOR RECORD IN THE PUBLIC
RECORDS YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER'S LICENSE
NUMBER.
SPECIAL WARRANTY DEED [WITH VENDOR'S LIEN*
THE STATF OF TEXAS §
COUNTY OF WILLIAMSON§
KNOW ALL PERSONS BY THESE PRESENTS:
That CITY OF GEORGETOWN, a Texas home -rule municipal corporation, situated in
Williamson County, Texas ("Grantor '), for and in consideration of the sum of Ten and No/100
Dollars ($10.00) and other valuable consideration to the undersigned paid by
, a ("Grantee"), whose address for purposes
hereof is , the receipt and sufficiency of which is hereby
acknowledged and confessed, [and for the further consideration of the execution and delivery by
Grantee of its one certain promissory note (the "Note ) of even date herewith in the original
principal sum of and No/100 Dollars ($ ), payable to
the order of [provider of new third -party financing] ("Lender") upon the terms and bearing interest
as therein provided, and secured in part, by the vendor's lien herein retained and transferred to
Lender in this deed,]* has GRANTED BARGAINhD, SOLD, and CONVEYED, and by these
presents does GRANT, BARGAIN SELL, and CONVEY unto Grantee, that certain tract of real
property situated in Williamson County Texas being more particularly detailed on Exhibit A
attached hereto and made a part hereof (the "Land"), together with all improvements thereon
("Improvements"), and all of Grantor's right title and interest, if any, in and to all related rights and
appurtenances to the Land and Improvements (collectively, the `Property").
TO HAVE AND TO HOLD the Property, together with all and singular the rights and
appurtenances thereto in anywise belonging, unto Grantee, and its successors and assigns forever;
and Grantor does hereby bind itself its successors and assigns to WARRANT AND FOREVER
DEFFND, all and singular the Property unto Grantee, its successors and assigns, against every
person whomsoever lawfully claiming, or to claim the same, or any part thereof, by, through or
under Grantor, but not otherwise.
* [Lender, at the instance and request of Grantee, having advanced and paid in cash to
Grantor as a portion of the purchase price of the Property, a portion of the proceeds of the loan
evidenced by the Note, the Vendor's Lien and the Superior Title in and to the Property are retained
against the Property for the benefit of Lender, and the same are hereby transferred and assigned to
Lender and its successors and assigns, without recourse to Grantor, and Lender and its successors
* These provisions to be added at Purchaser's request in the event of third party financing.
Purchase and Sale Agreement 12
and assigns, shall have the right to release said Vendor's Lien upon the payment of the Note or
otherwise.]
This conveyance is made and accepted subject to the exceptions to title described in
Exhibit B attached hereto and made a part hereof.
EXECUTED as of , 2009.
GRANTOR:
CITY OF GEORGETOWN
a Texas home -rule municipal corporation
Date: By:
Name:
Title:
Purchase and Sale Agreement 13
EXHIBIT A
to
Special Warranty Deed
Land Description
All that certain tract or parcel of land comprising Lot 1, Block B, FOSTER SQUARE, a
subdivision in Williamson County, Texas according to the map or plat thereof recorded in
Cabinet N, Slide 47 Plat Records of Williamson County, Texas, together with all improvements,
structures fixtures, equipment and landscaping constructed thereon.
Purchase and Sale Agreement 14
EXHIBIT B
to
Special Warranty Deed
(Permitted Exceptions)
[To be added]
Purchase and Sale Agreement 15
EXHIBIT B
TO
PURCHASE AND SALE AGREEMENT
Date: , 2009
Quitclaim Bill of Sale
Grantor: CITY OF GEORGETOWN, a Texas home -rule municipal corporation, situated
in Williamson County, Texas
Grantor/s Mailing Address:
Grantee: , a
Grantee/s Mailing Address:
Real Property (including improvements):
All that certain tract or parcel of land comprising Lot 1, Block B, FOSTER SQUARE, a
subdivision in Williamson County, Texas according to the map or plat thereof recorded in
Cabinet N, Slide 47, Plat Records of Williamson County, Texas, together with all
improvements structures fixtures, equipment and landscaping constructed thereon.
Transferred Properties:
All of Grantor's rights, if any, in any to any licenses and permits relating to the Real
Property as of the date hereof, and any personal property or fixtures located on the Real Property
as of the date hereof.
Consideration: Ten and No/100 Dollars ($10.00) and other good and valuable
consideration, the receipt of which is hereby acknowledged.
For the Consideration, Grantor does hereby CONVEY AND QUITCLAIM UNTO Grantee the
Transferred Properties; TO HAVE AND TO HOLD the same unto Grantee its successors and
assigns forever. The Transferred Properties are hereby conveyed and quitclaimed and this Bill of
Sale is made, and is accepted by Grantee, on an "AS IS, WHERE IS, WITH ALL FAULTS,"
basis, without covenants representations or warranties of any kind, whether expressed or
implied, and all representations and warranties that might have existed or been applied under
statutory or common law are hereby expressly excluded to the maximum extent allowed by law.
When the context requires, singular nouns and pronouns include the plural.
Purchase and Sale Agreement 16
Executed on the dates set forth below.
GRANTOR:
CITY OF GEORGETOWN
a Texas home -rule municipal corporation
Date: By:
Name:
Title:
GRANTE I- :
a
Date: By:
Name:
Title:
Purchase and Sale Agreement 17
Attachment 2
Certification of No Debts Owed to the City
THE STATE OF TEXAS
COUNTY OF WILLIAMSON §
KNOW ALL BY THESE PRESENTS:
I, individually and/or as an authorized
representative of the organization submitting a proposal for the property ("Purchaser") represent
and certify to the City of Georgetown that for any and all properties located within the City of
Georgetown that are owned by Purchaser including the individuals or entities submitting the
proposal to purchase the property their spouses and any individual, their spouse or entity with a
shared controlling interest, that there are:
1) no outstanding City of Georgetown judgments;
2) no tax delinquencies;
3) no unpaid liens or outstanding, open City Code violations;
4) no defaults on Municipal Court or District Court orders;
5) no assessments or fees owed to the City of Georgetown;
6) no more than 1 citation per property within the last six (6) months for City Code violations;
7) no more than 2 citations per property within the last twelve (12) months for City Code
violations;
8) no more than 1 mow/clean, securing or demolition lien on each property within the last twelve
(12) months.
A complete list of all properties, located within the City of Georgetown, that are owned by
Purchaser and the additional individuals and entities hereinabove specified, including owner's
names, addresses and tax account numbers is attached hereto and made a part hereof. City
Code violations are defined herein as high weeds, litter, illegal storage, junk motor vehicle
violations securing and zoning or structure violations; excluding parking on unimproved
surfaces, bulky trash (put out too early for pickup) and signs A citation that has been dismissed
or the defendant found not guilty shall not be included in the determination of the number of
citations issued.
I hereby certify that the information in this Certification of No Debts Owed to the City Form,
including any and all attachments and referenced information, is factual and complete.
Name
Signature•
Date:
Attachment 3
List of Properties Owned Within the City of Georgetown
A complete list of all properties located within the City of Georgetown, that are owned by
Purchaser and the additional individuals and entities herein specified, including owner's names,
addresses, and tax account numbers.
Owner(s) Name
Property Address
Tax Account Number
I hereby certify that the information in this List of Properties Owned Within the City of
Georgetown Foirii, including any and all attachments and referenced information, is factual and
complete.
Name
Signature:
Date:
Attachment 4
Additional Bidder Information Form
1. Upon the successful bid of this property, what is your primary purpose for this property?
2. Legal Name or Company Name.
3. Legal Status - I certify that I/we do business as a (check one only):
❑ Individual(s) o Limited Partnership
❑ Corporation Trust or Estate ❑ Limited Liability Company
❑Not -for -Profit Corporation ❑ Corporation
❑ Other:
4. Type or Nature of Business:
Management: Please Identify ALL Officers of the Company.
Title: , Name:
Title: , Name:
Title: , Name:
Title: , Name:
5. Have you successfully bid on other surplus properties held by the City?
❑ YES ❑ NO
6. If you checked Yes above: (a) How many properties have you purchased; and (b) Have these
properties been developed (vacant) or renovated (improved)?
7. Are you a builder/developer?
❑ YES ❑NO
I hereby certify that the information in this Additional Bidder Information Form, including any
and all attachments and referenced information is factual and complete.
Name
Signature*
Date:
CI
FORM
CONFLICT
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QUESTIONNAIRE
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authority
not
after
originally
questionnaire
incomplete
or
inaccurate.)
3
Name
of
local
government
officer
with
whom
filer
has
employment
or
business
relationship.
Name
Officer
This
section
(item
3
including
business
subparts
A,
B,
defined
C
&
D)
of
by
must
Section
be
176.001(1-a),
completed
for
each
Local
officer
Government
with
whom
Code.
the
Attach
filer
has
an
employment
pages
to
this
or
Form
other
CIQ
as
necessary.
relationship
as
additional
A.
income,
Is
the
from
local
government
the
filer
of
the
officer
questionnaire?
named
in this
section
receiving
or
likely
to receive
taxable
income,
other
than investment
Yes
No
B.
Is
the
filer
the
likely
to
taxable
than
from
direction
governmental
of
of
the
entity?
local
questionnaire
government
receiving
officer
or
named
in
this
receive
section
AND
income,
other
the taxable
income
investment
is
not received
income,
from
or at
the
local
the
Yes
No
C.
Is
the
filer
this
by
business
to
the
local
of
questionnaire
employed
a
corporation
or other
entity
with
respect
which
director,
holds
10
government
officer
serves as an officer
or
or
an ownership
of
percent
or more'?
Yes
No
D.
Describe
business
the
local
this
each
employment
or
relationship
with
government officer
named
in
section.
4
Signature of person doing business with the governmental entity Date
Adopted 06/29/2007
Attachment 6
Bid Deposit/Escrow Deposit
(to be provided by bidder)