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Richard Eads Survey, Abstract No. 481 (Alpha Development) - ROW ... 1 166 AGRI___CE15.42 ILt1q THE STATE OF TEXAS 1 COUNTY OF DALLAS 1 This agreement entered into this date by and between ALPHA DEVELOP- MENT CORPORATION, A Texas Corporation, hereinafter referred to as ALPHA, and the CITY OF SOUTHLAKE, a municipal corporation, acting herein by and through its duly aathorined and elected mayor, hereinafter referred to as THE CITY; hi,pliA hereby agrees to set aside a 50 foot strip of land along State being the ;north boundary Highway No. 114, said striWof land beikalymore particularly described in L od Exhibit "A Exhibit 'Auwatte.ched hereto and mad, a part hereof, and it being understood by the parPee hereto that said tract oil/and is set aside for future street pur- 1 ewever, it is expressly under toof and *gr ad ths". this a i$ not a l talli.i - . 'ract of land for street .1 cation ot said I, Arposes, but the same Is set aside •ub. by jest to condemnation or , contract 'oi sale by the CITY OF Sc.)UTHLAKE, or the County of ,Tattinan or the . 4,6e oi loxes. It is understood and agreed that this contract and agreement shall terminate ■after the expiration of Ten (10) years from date hereof, providect that the same is not under contract or In condor ton for street purposes on said expiration date. It is further understood and agreed that ALPHA may convey his entire tract of land to a subsequent purchaser, provided such conveyance shall be subject to this agreement. This contract shall be binding upon the heirs, administrators, exeators, successors and assigns of the parties hereto. EXECUTED this the W ... day of C, / • 4V IN L ini A DItir LOPly , TCO r /ORA ION THE.CITY OF SOUTHLAKE ay -,- . , ,, , 4 • "aul R. Gent 11 ', - sident 1Ciayar o the e City of Southlake ATTEST: Secretary of the City of Sonthlake AGREEMENT AND CONTRACT Page I IC G AL.'PRO ED AS TO FORM: AF - "ity Attorney if the Cit Sotith lake THE STATE OF TEXAS I COUNTY OF DALLAS BEFORE ME, the ilndersigned, a Notary Public in and for said County and State, on this day personally appeared PAUL R. GENTRY, PRESIDENT, ALPHA DEVELOPMENT CORPORATION, known to me to be the person whose name is subscribed to tbe foregoing instrument, and acknowledged to me that he executed the same or the purposes and consideration therein expressed. GIVEN UNDER MY HAND AND SEAL OF OFFICE this the AZ day of , 19 7t Notary Public, Dallas County, Texas TH.E STATE OF TEXAS COUNTY (F TARRANT BEFORE ME, the tuidarsigned, a N glary Public in and for tarrant County, Texas, on this day personally appeared L. Clow Mayor of the CITY OF SOUTHLAKE, a m nicipal corporation, kniwti to me to be the person and officer whose name is s bscribed to the foregoi g instrument and acknowledged to me that he executed t e same for the purpossis aid considera- tion therein expressed, in the capacity th.rein stated, and as the ctand deed of said corporation. „-pLVEN uNpocit MY HAND AND SEA OF OFFICE, this the 40 day of 19 -7 • Not Public, Tarrant Cotintl, Th s AGREEMENT AND CONTRACT Page 2 - Final Page • 167 I 4 7 - , 12 � , o � t 1I c e v . e • 1 � n, 3 llJ Q . • o N y a 1. S /+c e t,- : i 2 100 ;i 1 lei Qo 1.30 AS > N: Q • f L T•d j N N l4 .0 ' ''''. 11 1 I 4,� is I 11 v i 1 0 6 „.k P y o \0 0 `, 5 o y a i f F I E L D N O T E S • I , All that 'certain traet or parasol of land situated in Tarrant County, Texas and being; part of the Richard lads Survey, Abotraet 481 being, more prirtisularly der ^ribed by metes and hounds as follows: BEGINNING at an iron pin standing 60.0 feet North, 1347.5 feet North R9 de rrse s 22 minutes West and 2098.8 feet North 0 degrees 48 minutes at of the Southeast corner of the Richard fade Survey; TFATCE North 74 degrees 44 minutes West 212.1 feet to an iron pin for corner; t TFENCE North 4 degrees 38 minutes East 333.0 feet to an iron pin in the Southerly right..of -way line of State highway Number 114, said point ben in a eurve to the left with a radius of 5839.58 feet; Dina in a,Southoasterly direction along said curve and South line of Highway . 236.8 feet to an iron pin for 'corners Tt3NCR Saath 0 degrrees 48 minutes West 235.6 feet to the Place of Boginninr and . containing 1.39 acres of land more or less. . a i 1 Survey of • 1.39 Aare Tract out of Riehard Made Survey, Abstract 481, Tarrant County, Texas , . • g o mow PINS • —sr —: - - FENCE SCALE r ' 200 ZA ‘49 45- A ROIf D'ARC f1K. 1 1 ° F+ R. D. HAY ES .pE 1A,yO • COS • � H� • •• y REGISTERED PUBLIC SURVEYOR / � - at ,4th • �*+, 6 TEXAS LICENSED ,LAND SURVEYOR �; - \ - /:) �� rmieal 42244 Floor. County Court House ' R D. NAYES COUN UAV OR Of TARRANT COUNTY W �. ! 'C , 2 1 69 0 . '. °, a t t C% I, _ • . certify this plc+ �t a i r ` • SU i true and corm es sut a -d on the ground and there are no - ' t enaroachmints. - * # '' DATE 163 • t y g3 o� p \ `/ Y 4 C p `r � ` 0 \eo ,V N� . Ac o 8 2 7 1 1 e L • � � o•3 IVea A. ... Vf I r J) N S \\ a o. 273. g.s,�r 48c3 °5 • • EAST 7(01"5 G4 ;� 9 I � Q0 /2 t e. c, l l 1 °I k t 4 4 FIELD N OTES • All that curtain traot or parool of land situated in Tarrant County, Texas and being . part of the THOMAS MAW SURVEY, Abatraot 1049, boin ; more particularly described by motes and bounds as followas. B:GINr(I1C at an iron pin standing 1289.4 feet North of the Southwest oornor of the Thomas Mahan Surveys MINCE Fast 761.05 foot to an iron pin in the Southerly right- of..way line of State Highway Number 114, said point being in a curve to the right with a radius of 5839.58 foot; • 'PTCNCE in a Northwesterly direction 811.1 feat along said ourve and Southerly line of ? ighiw'ay to an iron pin for eorner3 TNENCE South 286.2 foot to the Place of Beginning and containing 2.4 acres of land more or 10 s s o • Survey of 2.4 acres out of the TT OMA.S ulA!iAN SURV;SY, Abatraot 1049, Tarrant County, Texan • • --u —�t - - FENCE SCALE. Ili ZO© DO{a O'ARC STK. t o o, • T R. Y' S :.�p,TE 1,4 ''.a•• • ••°1 REGISTERED PUBLIC SURVEYOR 1 / � 40 6W TEXAS LICENSED AND SURVEYOR /4 - • TErmiaal 4•2240 4th Floor. County Court House \ ; �t R. D. HAVES COUNT Ari RVEY' ' OFTARRANT COUNTY ( ; r•--T<1 ` r Serial No. ""�'."'�'` V �I `i �B� � c l t 48 .0 t rrp 4 � •� I. • t ,�--- � - ��•—. certify this plat � ' i C • 5UR is true and eorre • as s" •` of the ground and there are no ' encroachments. '; i t DATE_ 4 - 18.6D