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Res 138-97 9/16/1997RESOLUTION NO. 8- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, APPROVING THE ASSIGNMENT OF A NON - ANNEXATION AGREEMENT BETWEEN THE CITY OF WICHITA FALLS AND HOWMET CORPORATION TO TURBINE AIRFOIL REFURBISHMENT SERVICES, INC.; FINDING AND DETERMINING THAT THE MEETING AT WHICH THIS RESOLUTION WAS PASSED WAS OPEN TO THE PUBLIC AS REQUIRED BY LAW. WHEREAS, pursuant to Resolution No. 188 -92, the City Council of the City of Wichita Falls approved a non - annexation agreement with the Howmet Corporation guaranteeing its immunity from annexation by the City for a period of seven (7) years from and after January 1, 1993; and, WHEREAS, the City has been notified that the Howmet Corporation is in the process of selling its refurbishment operations and assets to Turbine Airfoil Refurbishment Services, Inc., and has requested consent to the assignment of the aforementioned non - annexation agreement. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: SECTION 1. That the above preambles and recitals are found to be true and correct and made a part hereof for all purposes. SECTION 2. That the City Council of the City of Wichita Falls hereby consents to the assignment of a certain non - annexation contract by and between the City of Wichita Falls and the Howmet Corporation, the same approved by Resolution No. 188 -92 on December 15, 1992, to the Turbine Airfoil Refurbishment Services, Inc., subject to the terms and conditions of said non - annexation agreement being agreed to by the assignee evidenced by an instrument delivered to the City in writing consenting to said assignment by Turbine Airfoil Refurbishment Services, Inc., and further conditioned upon the aforementioned corporation acquiring through sale the Howmet Corporation property subject to said non - annexation agreement. SECTION 3. It is hereby found and determined that the meeting at which this resolution was passed was open to the public as required by law. PASSED AND APPROVED this the 16th day of September, 1997. MAYO ATTEST: UAW- City Clerk • CONSENT TO ASSIGNMENT AND TO TERMS AND CONDITIONS OF NON-ANNEXATION AGREEMENT WHEREAS, Turbine Airfoil Refurbishment Services, Inc. ("TARS"), a corporation incorporated under the laws of the State of Delaware and having a place of business at 400 Main Street, East Hartford, Connecticut 06108 (Attention: Legal Department), did acquire on September 10, 1997 from Howmet Corporation ("Howmet") and Howmet Refurbishment Inc. ("HRI") substantially all the refurbishment assets of Howmet and HRI, including the refurbishment facility located at Wichita Falls, Texas ("Wichita Falls Refurbishment Facility" or"WFRF"); and, WHEREAS, pursuant to Resolution No. 188-92, the City of Wichita Falls ("City") and Howmet entered into a Non-Annexation Contract dated 15 December 1992 ("Non- Annexation Contract") guaranteeing the immunity of WFRF from annexation by the City for a period of seven (7) years commencing January 1, 1993; and, WHEREAS, Howmet has assigned its rights and obligations under the Non- Annexation Contract to TARS; and, WHEREAS, pursuant to Resolution No. 138-97 the City Council of the City of Wichita Falls has consented to the assignment of the Non-Annexation Contract to TARS subject to the terms and conditions of said Contract being agreed to by TARS as evidenced by an instrument delivered to the City in writing consenting to said assignment by TARS, and further conditioned upon TARS acquiring through sale the Howmet property subject to said Non-Annexation Contract. NOW THEREFORE, TARS does hereby consent and represent as follows: 1. TARS hereby consents to the assignment of the Non-Annexation Contract to it by both the City and by Howmet. 2. TARS hereby agrees to all terms and conditions of the Non-Annexation Contract. 3. TARS hereby represents that it has acquired the Howmet property subject to the Non-Annexation Contract, and submits herewith as evidence thereof a copy of the Warranty Deed dated September 10, 1997. Tt4 Executed this a') day of October 1997. TURB RFO L RIFF IS NT SERVICES, INC. y✓ Richard R. Barnhart President 1 OCT-01-9T 15:44 From:DBH HARTFORD 8602750343 T-184 P 02/05 Job-334 MASSA= BEND Data: September (Q 1997 GrAneer; Ho: at Corporation, a Delaware corporation Grantor's ►•A i 1 i ng Address (inI-1».iing county): 475 Steamboat Road Greenwich, Connecticut 06836 Fairfield County, Connecticut Grantee: Turbine Airfoil Refurbishment Services, Inc. , a Delaware corporation Grantee's mailing Address (ink-led-in/3 county): 400 Main Street East Hartford, Connecticut 06108 Hartford County, Connecticut Consideration: TEN AND NO/100 Dn7.T-ARS and other gaud and valuable consideration to the undersigned paid by Grantee, the receipt of which is hereby acknowledged. Property (including any improvements): Lot One (1), Block Twenty-seven (27) or the Lamp & Newby Subdivision to the City of Wichita Falls, Wichita County, TexAs (the -Property-) , as more particularly described in the attached Exhibit A, to which reference is here made for all purposes. Reservations from and Exceptions to Conveyance and Warranty: This conveyance is made subject to the restrictions, covenants, conditions, rights-of-way, easements and reservations, if any, more fully described in the attached Exhibit B, to which reference is here made for all purposes. Grantor, for the cons i deYation and subject to the reservations from and exceptions to conveyance and warranty, grants, sells, and conveys the Property to Grantee, together with all and singular the rights and appurtenances thereto in any wise belonging, to have and hold the Property to Grantee, Grantee's successors-in-interest or or assigns forever. Grantor binds Grantor and Grantor's successors--in-interest to warrant and forever defend all and singular the Property to Grantee and Grantee's successors-in- interest and assigns against every person whomsoever lawfully claiming or to claim the same or any part thereof, except as to the reservations from and exceptions to conveyance and warranty. When the context requires, singular nouns and pronouns include the plural. awkicu H: ROW:! CORPO &TIOJi By {y J Title: Viet_ ,,,t-- tom.cr<) OCT 1 '97 15:35 8602750343 PRGE.002 Y .00T-01-97 15:44 From:DBH HARTFORD 8602750343 T-184 P.03/05 Job-334 TEE STATE OF ezi n/n' c—r t cu"r ) COUNTY OF ,GA ,2 c r Jr ) This inatrum it was acknowledged More rue on 6eptem.ber ., 1997 by RoL-P Aul._ , Vrc& Ressi.. -/or of Howmet Corporation, a Delaware corporation, on behalf of said corporation. ROTARY PUBLIC'S 887►L: ,ta(L,,__, Notary Public for the State of C.oe,-,N<Tcrr , T NC it Y{TY.I;�S;,i,:,.,:,:_r> 6—3 p--9' AMER RECORDING RETURN TO: PREPARED IN THE LAM OFFICE OF: TURBO AIRFOIL REFURBTRwwittm SHERRILL, CNOSNOE Si GOFF SERVICES, INC. P.O. Drawer 97511 ,,,,, „ „ �. i ,.,w•wu ,,,- unu ODU4f01J44J 1-104 r.U4/U9 JOb-3d4 f EXHIBIT A To Warranty Deed from Howmet Corporation to Turbine Airfoil Refurbishment Services, Inc . A tract of land oun of and being a part of Block 27, of Kemp Newby Subdivision, of Cherokee County School Landz, A-33 , Wichita County, Texas, being more particularly described as fellows : Beginning ac a point in the occupied North line of said Block 27, and the South line of block 26, Kemp and Newby subdivision, South 85 deg. 57' 19" East 28 . 5 feet from the occupied Northwest corner of said Block 27, said point also being in the East right-of-way line of Hammon Road and also being in the South line of Tract 1, Unit 3, Expressway East Industrial District as per plat thereof recorded in volume 23 , Page 265 of the Wichita County Plat Records. THENCE South 88 deg. 57' 19" East, along the North line of said Block 27 and the South line of aforementioned Tract 1, Unit 3 , Expressway East Industrial District, a distance of 1452 .0 feet to a point for the Northeast corner of this tract; THENCE south 01 deg. 02' 05" West, 600.0 feet to a point for the Southeast corner of this tract; THENCE North 88 deg. 57' 19" West, 1452.0 feet to a point for ono occupied Eat right-of-way line of Hammon Road for the Southwest corner of this tract; THENCE North 01 deg. 02' 05" East, 600.0 feet co the PLACE OF BEGINNING, known as Lot one (1) , Block Twenty-seven (27) , Kemp & Newby Subdivision, in volume 24, Page 377, Wichita County, Texas. Being the same premises cosIreyed by Cooper Induatri.ea, Inc. , as grantor, to Howmet Corporation, as grantee, by Special Warranty Deed dated September 18, 1992 and filed in Volume 1590, Page 763, gt . of the Deed Records of Wichita County, Texas.