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Ord. 0572 07-24-89ORDINANCE NO. 572 AN ORDINANCE AUTHORIZING THE EXECUTION OF A CONTRACT, A FACSIMILE OF SAME BEING ANNEXED HERETO, INCORPORATED HEREIN FOR ALL PURPOSES DESIGNATED EXHIBIT "A" BY AND BETWEEN SUNSET MEADOWS JOINT VENTURE AND THE CITY OF PEARLAND, TEXAS. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PEARLAND: SECTION 1. That the facsimile of contract, annexed hereto, incorporated herein for all purposes, designated Exhibit "A", by and between Sunset Meadows Joint Venture and the City of Pearland, Texas, for the purpose of payment/donation to cover all expenses regarding acquisition of Nasawood Drive is hereby authorized and approved. SECTION 2. The City Council finds that such contract is reasonable and necessary and that there are sufficient city funds for the availability of payment. SECTION 3. The Mayor and the City Secretary of the City of Pearland, Texas, are hereby authorized and directed to execute for and on behalf of the City the annexed contract documents, and counterparts thereof. PASSED and APPROVED on first reading this ,A. D., 1989. ATTEST: City S retary day of 1 PASSED and APPROVED on second and final reading this 2.41' day of ATTEST: tel City S retary APPROVED AS TO FORM: , A. D., 1989. City Attorney Mayor 2 EXHIBIT "A" AGREEMEN ' Between City of Pearland, Texas (" ) City , and Sunset Meadows Joint Venture, a joint venture composed of Richland Properties, Inc., L D Land Corporation and Russell D. Plank ("Sunset Meadows"). RECITALS City has determined that an immediate public necessity exists for the maintenance of an existing street, known as Nasawood Drive, along a right-of-way easement in the City of Pearland, Texas, said right-of-way easement being more particularly described in Exhibit No. 1 attached hereto and made a part hereof. City maintains that it possesses the right to maintain the street along said right-of-way easement. Loomis International, Inc., the fee owner of a portion of the property on which Nasawood Drive is located, maintains that the City does not possess any right to maintain the street along said right-of-way easement. Loomis has obstructed public travel upon the road in question. Sunset Meadows desires to develop a subdivision known as Nasawood Subdivision. Development of Nasawood Subdivision cannot be completed without maintenance of Nasawood Drive along said right-of-way easement. CONTRACTUAL STIPULATIONS For and in consideration of their mutual promises here given and undertaken to be performed, City and Sunset Meadows contract and agree: 1. City shall institute and pursue with reasonable diligence a declaratory judgment action against Loomis International, Inc., to declare that City possesses the right to maintain a street along the right-of-way easement and alternatively a condemnation action to obtain the necessary right-of-way easement for maintenance of the street. -1- 2. Sunset Meadows agrees to pay City any and all expenses, including attorney's fees, incurred by City in the recited litigation against Loomis International, Inc., immediately upon receipt of itemized statements for such expenses and attorney's fees. City agrees to absorb all other expenses in any other litigation arising out of the controversy. EXECUTED this pS `i day of , 1989. ATTEST: Kay Krone, City Secretary CITY OF PEARLANII.'fPEXAS By orr7 Tom Reid, Mayor SUNSET MEADOWS JOINT VENTURE By /eaaa A Russell D. Plank -2- EXHIBIT NO. 1 0.7025 acres of land out of a called 24.646 acre tract conveyed to Loomis International, Inc., as recorded under Volume 1210, Page 433 of the Deed Records of Brazoria County, Texas, and located in the Jas. F. Perry and Emily M. Austin League, Abstract No. 111, Brazoria County, Texas, said 0.7025 acres of land being more particularly described by metes and bounds as follows: COMMENCING at a 1/2 inch iron rod found for the most northerly corner of a called 59.9698 acre tract, known as Nasawood, as recorded under Volume 17, Page 73 through 76 of the Map Records of Brazoria County, Texas, same being described in a deed conveyed to Crystal Homes, Inc., as recorded under Volume 1683, Page 846 of the Deed Records of Brazoria County, Texas; THENCE South 45° 00' 01" East along the northeast line of said Nasawood, a distance of 182.83 feet (called 182.55 feet) to a 1/2 inch iron rod found for the PLACE OF BEGINNING of the herein described tract; THENCE North 44° 54' 10" East (called North 45° 00' 32" East) a distance of 437.12 feet to a 3/4 inch iron pipe found for corner; THENCE South 45° 00' 03" East (called South 44° 53' 41" East) a distance of 70.00 feet to a 3/4 inch iron pipe found for corner; THENCE South 44° 54' 10" West (called South 45° 00' 32" West) a distance of 437.12 feet to a 1/2 inch iron rod found for corner in the northeast line of said Nasawood; THENCE North 45° 00' 01" West along the northeast line of said Nasawood, a distance of 70.00 feet to the PLACE OF BEGINNING of the herein described tract and containing within these calls 30,599 square feet or 0.7025 acres of land.