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12-24 - R TOWN OF PROSPER, TEXAS RESOLUTION NO. 12-24 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS, HEREBY AUTHORIZING THE TOWN MANAGER OF THE TOWN OF PROSPER, TEXAS, TO EXECUTE AMENDMENT NO. 1 TO THE COVENANTS, CONDITIONS, AND RESTRICTIONS BETWEEN DENTON COUNTY FRESH WATER SUPPLY DISTRICT NO. 10, HUFFINES COMMUNITIES, INC., BINARY INVESTMENTS, INC., SEALED BID DFW, L.P, INWOOD PLAZA JOINT VENTURE, AND THE TOWN OF PROSPER. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS: SECTION 1: The Town Manager of the Town of Prosper, Texas, is hereby authorized to execute, on behalf of the Town Council of the Town of Prosper, Texas, Amendment No. 1 to the Covenants, Conditions, and Restrictions between Denton County Fresh Water Supply District No. 10, Huffines Communities, Inc., Binary Investments, Inc., Sealed Bid DFW, L.P, Inwood Plaza Joint Venture, and the Town of Prosper, as hereto attached. SECTION 2: This Resolution shall take effect immediately upon its passage. RESOLVED THIS THE 10th of April, 2012. in Ray Smith, M�yor ATTEST TO: A i na, MC v�o r tf*;y e• • t'•s B 0 a • r • r • r r • ® "� r • s ♦ f y m h T C Denton County Cynthia Mitchell County Clerk Denton, Tx 76202 T 21'2 OC Q 59' Instrument Number: 2012-37591 As Recorded On: April 12,2012 Amendment Parties: TOWN OF PROSPER Billable Pages: 12 To Number of Pages: 12 Comment: (Parties listed above are for Clerks reference only) ** Examined and Charged as Follows: ** Amendment 60.00 Total Recording: 60.00 DO NOT REMOVE. THIS PAGE IS PART OF THE INSTRUMENT Any provision herein which restricts the Sale,Rental or use of the described REAL PROPERTY because of color or race is invalid and unenforceable under federal law. File Information: Record and Return To: Document Number: 2012-37591 Receipt Number: 893091 TOWN OF PROSPER Recorded Date/Time: April 12, 2012 09:57:53A ATTN TOWN SECRETARY PO BOX 307 User/Station: C Robinson -Cash Station 4 PROSPER TX 75078 THE STATE OF TEXAS) C�u COUNTY OF DENTON} I hereby certify that this instrument was FILED in the File Number sequence on the datefurne printed heron,and was duly RECORDED In the Official Records of Denton County,Texas. 1s4s County Clerk Denton County, Texas "NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON,YOU MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING INFORMATION FROM ANY INSTRUMENT THAT TRANSFERS AN INTEREST IN REAL PROPERTY BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVERS' LICENSE NUMBER." AMENDMENT NO. 1 TO THE COVENANTS, CONDITIONS, AND RESTRICTIONS STATE OF TEXAS § COUNTY OF DENTON § THIS AMENDMENT NO. 1 (the "AMENDMENT") to that certain COVENANTS, CONDITIONS, AND RESTRICTIONS (the "CCRs") is made and entered into by and between DENTON COUNTY FRESH WATER SUPPLY DISTRICT NO. 10, HUFFINES COMMUNITIES, INC., BINARY INVESTMENTS, INC., SEALED BID DFW, L.P., and INWOOD PLAZA JOINT VENTURE and the TOWN OF PROSPER, TEXAS, a Texas Home-Rule Municipal Corporation ("Town"). RECITALS: WHEREAS, Denton County Fresh Water Supply District No. 10, Huffines Communities, Inc., Binary Investments, Inc., Sealed Bid DFW, L.P., and Inwood Plaza Joint Venture, entered into an agreement and designated 32.918 acres of land as Open Space to the Town by instrument recorded on August 18, 2003, under Clerk's File No. 2003-RO135161 (Volume 5398, Page 3401), Real Property Records of Denton County, Texas ("Open Space"). The Open Space is incorporated herein by reference as if fully set forth herein. Exhibit A is attached hereto and made a part thereof for ease of understanding; and WHEREAS, the intent of the Open Space was to be used for "drainage purposes (including grading and the construction of detention and retention facilities as well as other drainage improvements) as necessary for development" and to be used for "recreational purposes, such as parks, playgrounds, and athletic fields'; and WHEREAS, at the time, the Open Space was located within a floodplain area according to the Federal Emergency Management Agency's Flood Insurance Rate Map 48121 C0430 E, dated April 2, 1997; and WHEREAS, now, the Open Space is designated in an area located outside a floodplain area according to the Federal Emergency Management Agency's Flood Insurance Rate Map 48121 C0430 G, dated April 18, 2011; and RELEASE OF OPEN SPACE(ARTESIA) Page 1 605897 s , WHEREAS, the Town has investigated and determined that there no longer exists a public necessity for approximately 0.256 acres of Open Space as a result of development of the subject area; and NOW, THEREFORE, for and in consideration of the premises, the above recitals and the covenants herein contained, the receipt and sufficiency of which are hereby acknowledged, the Town agrees to release and does hereby release the Open Space described and depicted on Exhibit B (the "Open Space Release"). IN WITNESS WHEREOF, the Town has executed this Release as of, but not necessarily on, the day and year first above written. TOWN OF PROSPER EXAS, a Texas Home-Rule nicipal Corporation . By- L ND Town Manager P.O. Box 307 Prosper, TX 75078 ACKNOWLEDGMENT STATE OF TEXAS § COUNTY OF COLLIN § This instrument was acknowledged before me this day of IC , 2012, by MIKE LAND, Town Manager of the TOWN OF PROSPER, T S, a Texas Home-Rule Municipal Corporation, for and on behalf of said municipal corporation. Notary Pu c, tate of Texas AW MEMA PK KW MY COMMISSION EXPIRES AFTER RECORDING, PLEASE RETURN TO: '"`;,; f JarM8,2D13 , Town of Prosper Attn:Town Secretary 121 W. Broadway Street P.O. Box 307 Prosper, TX 75078 RELEASE OF OPEN SPACE(ARTESIA) Page 2 605897 DENTON COUNTY FRESH WATER SUPPLY DISTRICT NO. 10 By: � Name: 12o&py-f im, . Tc5K o Title: President Address: 3100 McKinnon Street, Suite 950 Dallas, Texas 75201 E-Mail: ccrawf ord@ crawl aw.net Date: 3 THE STATE OF TEXAS § COUNTY OF D § BEFORE ME, the undersigned authority, on this day personally appeared 1�.3 . TaAL_t-e_ , President, Denton County Fresh Water Supply District No. 10, known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he/she executed the same for the purposes and consideration therein expressed, in the capacity therein stated and as the act and deed of said District. GIVEN under my hand and seal of office this day of (Ylwi c��� 2012. Notary u is in an�fel�the Stkte of Te)as LISA ILOOMf1ELD s.►.. Notary PubIIC.Stour of T*X05 MY commission Expires June 27 27.,201'5 I RELEASE OF OPEN SPACE(ARTESIA) Page 3 605897 Huffines Communities, Inc. By: Name: I'WIlip W. Huff(nes Title: Vice President Address: 8200 Douglas Avenue, Suite 300 Dallas, Texas 75225 E-Mail: phuffines @huffinescommunities.com Date:THE STATE OF TEXAS § COUNTY OF DALLAS § BEFORE ME, the undersigned authority, on this day personally appeared PHILLIP W. HUFFINES, Vice President, Huffines Communities, Inc., known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed the same for the purposes and consideration therein expressed, in the capacity therein stated and as the act and deed of said corporation. GIVEN under my hand and seal of office this 6 day of , 2012. �aI RoXMmCAeAm Notary Public in and for the State of Texas = $ MY COMMISSION EXPIRES Nxvq 17.2013 RELEASE OF OPEN SPACE(ARTESIA) Page 4 605897 Binary Investments, Inc. By: �'� ►�f/ Name: Phillip W. Huffines Title: President Address: 8200 Douglas Avenue, Suite 300 Dallas, Texas 75225 E-Mail: phuffines @huffinescommunities.com Date: �-- THE STATE OF TEXAS § COUNTY OF DALLAS § BEFORE ME, the undersigned authority, on this day personally appeared PHILLIP W. HUFFINES, President, Binary Investments, Inc., known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed the same for the purposes and consideration therein expressed, in the capacity therein stated and as the act and deed of said corporation. � GIVEN under my hand and seal of office this_-L day of�aicC, 2012. ROXAPNECnMM MY COMMISSION EXPIRES Fobn"17,2013 Notary Public in and for the State of Texas RELEASE OF OPEN SPACE(ARTESIA) Page 5 605897 SEALED BID DFW, L.P., a Texas limited partnership By: HC Operating, L.P., its general partner By: HC Operating, GP, LLC, its general partner By: Name: Phillip W. Huffines Title: Managing Director Address: 8200 Douglas Avenue, Suite 300 Dallas, Texas 75225 E-Mail: phuffines @huffinescommunities.com Date: 3 f�► /-y THE STATE OF TEXAS § COUNTY OF DALLAS § BEFORE ME, the undersigned authority, on this day personally appeared PHILLIP W. HUFFINES, Managing Director of HC Operating GP, LLC, general partner of HC Operating, L.P., general partner of Sealed Bid DFW, L.P., a Texas limited partnership, acknowledged to me that he executed the same for the purposes and consideration therein expressed, in the capacity therein stated and as the act and deed of said limited partnership. GIVEN under my hand and seal of office this ?_5 day of , 2012. ,jin My 00MMISSON s F*LWy17,2013 Notary ublic in ry and for the State of Texas RELEASE OF OPEN SPACE(ARTESIA) Page 6 605897 Inwood Plaz Jo' t Ve re By: Name: ay B`J0 s Title: Joint Ven re Partner Address: 2000 North Central Expressway Suite 200 Plano, Texas 75074 E-Mail: jay@amer[icanequity.net Date: 201- THE STATE OF TEXAS § COUNTY OF 4AI ) § BEFORE ME, the undersigned authority, on this day personally appeared JAY B. JONES, Joint Venture Partner, Inwood Plaza Joint Venture, acknowledged to me that he executed the same for the purposes and consideration therein expressed, in the capacity therein stated and as the act and deed of said joint venture ,7Lly _ T GIVEN under my hand and seal of office this day of �/ , 2012. Marti Taylor Notary Public. State of Texas Notary'Public in and f the State of Texas Comm.Up. I I-18-M RELEASE OF OPEN SPACE(ARTESIA) Page 7 605897 i s — l 1 T r 2 _ LIMITS OF 100-YEAR '�y� ��• n a--� . - �FLOODPLAIN E� t` �� �'_ I .A8�ANDONED, _ - `I PROPERTY LINE 1 m 3p0, 9Jq NP.ROf.1__ - QL_ ROW1 - i v VOL 53g8E�GPg6E` ----------------S—____ mac, � ,��—_—---------r------- ------- R.P 34 60'❑_Y EASEMENT 6p•p,iinr CwSEMENT '� — R•O C T 01 0o R,R2 05T6930 OOC NO 2WS-6929 300 OPEN SPACE � N — — RPROCr —�VOL 5398, PG. 3401 — '--------* ---------------------------------- ----D_C.T.------------- - j o r LIMITS OF 100-YEAR - FLOODPLAIN v I H ' I I UO a U CL a EXHIBIT "A" OPEN SPACE AREA TO BE RELEASED W ARTESIA DCFWSD No. 10 N ®AREA TO BE RELEASED DENTON COUNTY, TEXAS C, GO PETITT BARRAZA� ENGINEERING PLANNING SURV EYINE; x W TOPE FIRM REGISTRATION NO. 1188 Rd / O O J00 Munlclpal 0`7 TN No ((211))221-9955 R�cnoYeson, Tez 75080 To.No.(214)310-3550 0 DATE: FEBRUARY, 2012 SCALE: I"-500' O N ' JOB NO 11033-00 / EXHIBIT`B" OPEN SPACE RELEASE 0.256 ACRES BEING a tract of land situated in the LOUISA NETHERLY SURVEY, ABSTRACT NO. 962, in Denton County,Texas, said tract being a portion of a called 35.335 acre tract of land described as Tract One in a deed to Lennar Homes of Texas Land and Construction, Ltd., recorded as Document No. 2011-64759, Real Property Records, Denton County, Texas, and being more particularly described as follows: BEGINNING at a point on the east line of a called 220.600 acre tract of land described in a deed to Suncrest Properties, L.P., recorded as Document No. 2004-800, of said Real Property Records, said point being the northeast corner of a 32.918 acre tract of land described as "Open Space" in Exhibit F of the Covenants, Conditions, and Restrictions, recorded in Volume 5398,Page 3401 of said Real Property Records, said point also being the beginning of a curve to the right; THENCE along the north line of said 32.918 acre tract, the following courses and distances: Westerly, along said curve to the right which has a chord that bears South 87 degrees 20 minutes 12 seconds West for 703.82 feet,a central angle of 12 degrees 50 minutes 27 seconds and a radius of 3147.03 feet, for an arc distance of 705.30 feet to a point for the beginning of a reverse curve to the left; Westerly, along said reverse curve to the left which has a chord that bears North 89 degrees 03 minutes 46 seconds West for 718.68 feet, a central angle of 05 degrees 38 minutes 22 seconds and a radius of 7304.45 feet, for an arc distance of 718.97 feet to a point on the south line of said 35.335 acre tract for the POINT OF BEGINNING; THENCE along the south line of said 35.335 acre tract, the following courses and distances: South 84 degrees 57 minutes 07 seconds West, a distance of 405.82 feet to a 5/8- inch iron rod with cap marked "PETITT-RPLS 4087'found for corner; South 87 degrees 03 minutes 23 seconds West, a distance of 55.71 feet to a 5/8- inch iron rod with cap marked"PETITT-RPLS 4087' found for corner; North 89 degrees 57 minutes 34 seconds West, a distance of 55.89 feet to a 5/8- inch iron rod with cap marked "PETITT-RPLS 4087'found for corner; North 87 degrees 08 minutes 18 seconds West, a distance of 55.86 feet to a 5/8- inch iron rod with cap marked"PETITT-RPLS 4087'found for corner; Sheet 1 of 3 February 288,2012 F.\LEGALS\2011\11033\0.256Ac Open Space Release.doc North 84 degrees 19 minutes 06 seconds West, a distance of 55.85 feet to a 5/8- inch iron rod with cap marked"PETITT-RPLS 4087'found for corner; North 81 degrees 40 minutes 24 seconds West, a distance of 49.20 feet to a 5/8- inch iron rod with cap marked "PETITT-RPLS 4087' found for corner; North 78 degrees 47 minutes 06 seconds West, a distance of 54.21 feet to a 5/8- inch iron rod with cap marked "PETITT-RPLS 4087'found for corner; North 70 degrees 36 minutes 02 seconds West, a distance of 23.21 feet to a point intersecting the south line of said 35.335 acre tract and the north line of said Open Space; THENCE over and across said 35.335 acre tract and along the north line of said Open Space,the following courses and distances: South 88 degrees 38 minutes 31 seconds East, a distance of 387.01 feet to a point for the beginning of a tangent curve to the left; Easterly, along said tangent curve to the left which has a chord that bears North 88 degrees 49 minutes 42 seconds East for 132.42 feet, a central angle of 05 degrees 03 minutes 34 seconds and a radius of 1500.00 feet, for an are distance of 132.46 feet to a point for the beginning of a reverse curve to the right; Easterly, along said reverse curve to the right which has a chord that bears North 87 degrees 12 minutes 29 seconds East for 231.89 feet, a central angle of 01 degree 49 minutes 08 seconds and a radius of 7304.45 feet, for an arc distance of 231.90 feet to the POINT OF BEGINNING and containing 11,165 square feet, or 0.256 acres of land, more or less. Sheet 2 of 3 February 288,2012 F:\LEGALS\2011\11033\0.256Ac Open Space Release.doc �p���Eli 1 EN r8• O SPACE RELEASE ■ 0.25 ACRES i ■ CALLED 35.335 ACRES ■ LENNAR MONIES C TEXAS / LAND AND CONSTRUCTION, LTD, P.O.C. ■ �■O.p. TRACT ONE H all DOC. N0. 2011-64759, R P.R.D.C.T. `�Pn ■ �C2 fO* P� Ct ' ■ 7CALLED DER OF A NORTHERN LIMITS OF ■ 0.600 ACRES OPEN SPACE SOPERTIES, L.P. VOLUME 5398, PACE 3401 LINE TABLE DOC. NO. 2004-800• RR R.D.C.T. LINE I BEARING I LENGTH R.P.R.D.C.T. 1-11 58457'07"W 405.82 SCALE 1*-200' I L21 S87'03'23"W I 55.71 LEGEND I L31 N89 57'34"W I 55.89 P.O.C. POINT OF CO"NCiNG I L41 N87'08'18"W I 55.86 I CURVE TABLE P.O.D. PONT OF 9ECNINMJG I 1-51 N84'19'06"W 1 55.85 I NO. CHORD DIRECTION I CHORD I DELTA I RADIUS I LENGTH I L61 N81'40'24'W 1 49.20 I C1 I S87'20'1 2"W 1703.82 1 12'50'27" 13147.031 705.30 IRF 5/8-INCH IRON ROD W/CAP MARKED L71 N78'47'06"W I 54.21 1 C2 N89ro3'46"W 1 718.68 1 5'38.22" 17304.451 718.97 PEATT-RPLS 4097 FOUND LBI N70'36'02'W 1 23.21 1 C3 1 N88'49'42'E 1 132.42 1 503'34" 11500.001 132.46 R.P.R.D.C.T. REAL PROPERTY RECORDS, 3 I L91 S88'38'31'E 1 387.01 C4 I N87'12'29"E 1 231.89 1 1'49'08" 17304.451 231.90 DEN70M COUNTY. 1EXAS N O m N CALLED 35.335 ACRES NORTHERN LIMITS OF LENNAR HOMES OF TEXAS OPEN SPACE ■ u LAND AND CONSTRUCTION, LTD. VOLUME 5398, PAGE 3401 P.O.S. ■ o TRACT ONE R.P.R.D.C.T. DOC. NO. 2011-64759. R.P.R.D.C.T. t ■ - - --- !.9 IIRF C3 C4 L—■ Z W low LA OF LS 144 LL � 1.3 rIF L2 � ��N 0-Is G►�\�OPEN�PP �598oG�. ■ < �' o VMS P R' REMAINDER OF A ■ n vO� R REMAINDER OF A CALLED 227.80 ACRES CALLED 220.600 ACRES o■ SEALED BID DFW, L.P. SUNCREST PROPERTIES, L.P. DOC. NO. 2003-84629 DOC. NO. 2004-800. R.P.R.D.C.T. ■ } R.P.R.D.C.T. SCALE 1".100' Q�` .Ln C PETITT BARRAZA� °C ENGINEERING PLANNING SURVEYING ,LOB NO: 11033-00 C ri SCALE: VARIES i DATE: FEB 2012 r 300 Municipal Drive Tel. No. (214) 221-9955 %� 1 DRAWN BY: BRW Richardson, Texas 75080 Fax No. (214) 340-3550 SHEET 3 OF 3 6: