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Res 096-92 6/2/1992r RESOLUTION NO. 9.6— Vat/ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WICHITA FALLS AUTHORIZING THE CITY MANAGER TO EXECUTE AN ENCROACHMENT AGREEMENT WITH BONNET RESOURCES CORP. , A BANC ONE CO. , SUCCESSOR OF THE FIRST NATIONAL BANK OF WICHITA FALLS, TEXAS ACROSS A PORTION OF THE ALLEY IN BLOCK 164 , ORIGINAL TOWNSITE, AND INDIANA AVENUE ABUTTING SAID BLOCK, FOR THE EXISTING STRUCTURES LOCATED ON LOTS 1-A & 4-A, BLOCK 164 IN ACCORDANCE WITH THE ENCROACHMENT AGREEMENT; FINDING AND DETERMINING THAT THE MEETING AT WHICH THIS RESOLUTION WAS PASSED WAS OPEN TO THE PUBLIC AS REQUIRED BY LAW. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS: SECTION 1. That the City Manager be and is hereby authorized to execute an encroachment agreement with Bonnet Resources Corp. , a Banc One Co. , successor of the First National Bank of Wichita Falls, Texas acknowledging the existing alley and street rights-of-way encroachments in Block 164, Original Townsite, and Indiana Avenue abutting such block, the same described in the encroachment agreement attached hereto as Exhibit "Arr and made a part hereof for all purposes. SECTION 2 . That the encroachment agreement hereby authorized is to enable Bonnet Resources Corp. , a Banc One Co. , successor of the First National Bank of Wichita Falls to obtain clear title to the property. SECTION 3 . It is hereby officially 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 2nd-4Wy of June, ,22 . 4"/ M A 0 ATTEST: City Cl rk EXHIBIT "A" ENCROACHMENT STATE OF TEXAS KNOW ALL MEN BY THESE PRESENTS: COUNTY OF WICHITA THAT the City of Wichita Falls, Wichita County, Texas, hereinafter called Grantor, in consideration of One ($1. 00) Dollar and other good and valuable considerations to it in hand paid, hereby grants to the Bonnet Resources Corp. , a Banc One Co. , successor of the First National Bank of Wichita Falls, Texas, hereinafter called Grantee, an encroachment upon, over and across a portion of the alley in Block 164 , Original Townsite, Wichita Falls, Texas, and portions of Indiana Avenue right-of-way abutting said block situated in the County of Wichita, State of Texas, and described as follows, to-wit: INDIANA AVENUE Portions of Indiana Avenue right-of-way not exceeding 0. 32 feet in width, as shown in Details "A" & "B" on the attached map. ALLEY Portions of the alley in Block 164 , Original Townsite, not exceeding 0. 34 feet in width, as shown in Detail D" on the attached map. This instrument shall be construed as conveying an encroachment to the Bonnet Resources Corp. , a Banc One Co. , successor of the First National Bank of Wichita Falls, Texas, its successors and assigns, for the existing encroachments of the structures on Lot 1-A and Lot 4-A, Block 164, Original Townsite, upon the Grantor's herein described rights-of-way. Grantee shall 3 . save and hold harmless the Grantor for any and all claims, actions, or liabilities associated with Grantee' s maintenance of a structure upon Grantor' s rights-of-way. Grantee, its successors and assigns, agrees that should Grantor need to remove such encroachments in order to construct or install public utilities or repair existing utilities or streets, or perform other work for a public purpose, within the herein described rights-of-way, such removal shall be at the sole expense of Grantee, its successors or assigns. TO HAVE AND TO HOLD the above-described encroachment unto the said Grantee, its successors or assigns until the use of such right-of-way shall be needed for public purpose or the Grantor abandons said rights-of-way, in which event Grantee shall pay Grantor the fair market value of the rights-of-way adjacent to its property. EXECUTED this day of 1992. City of Wichita Falls, Texas By: James Berzina, City Manager ATTEST: City Clerk Bonnet Resources Corp. , a Banc One Co. , successor of the First National Bank of Wichita Falls, Texas 4 . By: Title: STATE OF TEXAS COUNTY OF WICHITA BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on this day personally appeared James Berzina, City Manager of the City of Wichita Falls, Texas, a municipal corporation, known to me to be the person and officer whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed the same for the said City of Wichita Falls, Texas, for the purposes and consideration therein expressed, and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE this the day of 1992 . Notary Public, State of Texas STATE OF TEXAS COUNTY OF WICHITA BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on this day personally appeared for the Bonnet Resources Corp. , a Banc One Co. , successor of the First National Bank of Wichita Falls, Texas, known to me to be the person and officer whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed the same for the said Bonnet Resources Corp. , a Banc One Co. , successor of the First National Bank of Wichita Falls, Texas, for the purposes and consideration therein expressed, and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE this the day of 1992 . Notary Public, State of Texas gi'_, . I I cisp 1 I 1 I I 1 1 I I 1 I 1. 4 1 I I 1 I f• 11 i . 1, I ' 1 II S ai 2. 14 2 INDIANA, AVENUE 14 ', MC IMMIX Comte. 71,1011I i • a 1 4. _ -•-•-2›. 0 _ - i lb. le.. 1111.- POINT OF BEGINNING - o'• . . 6". 0 F R S 350000. E isolr LOT 4-4 s 35'0000. E .1, 125.W .. VIM AM 10 111101, • 111211.Y . g i AR 41111101111100 ....: ..... 11 BEGINNING li POINT OA- - A Detail "A" a21M 71/- r...6-. i ...nef Of vw, • gg- g i I 1 sac era(a wag 1 1. LOT 1-A 1 1•- I • ' .I VOLIM2 24,FMK 304 PR.W.CT.i 700 INDIANA Imir ra,IINII0.313.3 Ames vou3a 3.PA -03. .' • •: wr LOT 5 LOT 7I ' P.R.W.C.T. Y i - INDI -' , 1 • d 1 4 LEVEL PARKING GARAGE 714-722 A/V. CONC. TILT-UP) 0.4314 Aalict ' 2 . 1 I W 1 413 I J-C. NESTER JR. e i , V.Irk P. r. 0.001.C.T.g 1 a -1 BLOCK 64 3 -lir IOC 101M 0.1Cr.WM= I Z1MNMt V.IMI.PAH. 1 0; 4; i • i , i 1 ;IIMIIIMM".. Ilk Lanai .- l'in 4 IIVCCINtin, i 11 La-11 o 1 1 I I 1 i ; ;1• I 1 i 10.31 01/11.IWO 1 InAff DAMN 200•11 a Mr ISS Cana 10 Wm L I N 35-00•07 W 1 --- TBeirL- Ea ; ,0 a N 3socrocr w • ::-. .•,, LILI 02.41)713 MO LEAL) N.,. — 4 ..E OCMC rin 125.27 . I WXonMINIM RAM M Xsummccow,.alctf-- C'jr.....'11-.' '• GAMS Mai alma I- 0, I) It71.-rjalifg ..""' 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