HomeMy WebLinkAboutCDCRes2018.01.01ANNA COMMUNITY DEVELOPMENT CORPORATION
RESOLUTION NO. (C06)
A RESOLUTION OF THE ANNA COMMUNITY DEVELOPMENT CORPORATION
AUTHORIZING A QUITCLAIM DEED OF PROPERTY LOCATED AT OR NEAR
NATURAL SPRINGS PARK TO THE CITY OF ANNA
WHEREAS, the Anna Community Development Corporation (the "CDC") desires to
deed property at or near Natural Springs Park to the City of Anna to provide for park,
recreation, community facilities, and related purposes in furtherance of enhanced
community development; and
WHEREAS, the CDC has determined that the above -referenced real property that is
currently co -owned by the CDC and the City of Anna, said real property being further
described in Exhibit A (the "Property"), are in the best interests of the CDC and will
promote Community development and new or expanded business enterprise in the City
of Anna;
NOW THEREFORE, BE IT RESOLVED BY THE ANNA COMMUNITY
DEVELOPMENT CORPORATION, THAT:
Section 1. Recitals Incorporated
The recitals set forth above are incorporated herein for all purposes as if set forth in full.
Section 2. Authority to Execute Consulting Services Agreement
The Board of Directors of the Anna Community Development Corporation authorize the
CDC President to execute, on behalf of the CDC, subject to approval of legal form by
the CDC's legal counsel, a quitclaim deed, as further described in Exhibit A, of the
Property to the City of Anna, Texas, said authority to include execution of all necessary
documents to consummate the transaction.
PASSED AND APPROVED by the Anna Community Development Corporation this
day of 2018.
APPROVED: ATTEST:
Alonzo lutl6n, CDC President L retta Blacketer, CDC Secretary
ANNA CDC RESOLUTION NO aG l S ti l -0 / (C-6C) PAGE 1 OF 1
Exhibit A
QUITCLAIM DEED
STATE OF TEXAS
COUNTY OF COLLIN
For and in consideration of the sum of TEN AND NO/100 DOLLARS ($10.00) and other good and
valuable consideration, the receipt and sufficiency of which are hereby acknowledged, ANNA
COMMUNITY DEVELOPMENT CORPORATION, a Type A development corporation duly formed
under the laws of the State of Texas ("Grantor") does hereby QUITCLAIM its interest to the City of
Anna, Texas, ("Grantee") and its respective successors and/or assigns to that certain portion of real
property in or near the corporate limits of Anna, Texas, said land being further described in Exhibit A
attached hereto (the "Property").
THE PROPERTY IS BEING QUITCLAIMED BY THE GRANTOR "AS IS", "WHERE IS", AND
"WITH ALL FAULTS" WITHOUT ANY REPRESENTATION OR WARRANTY WHATSOEVER AS
TO ITS CONDITION, FITNESS FOR ANY PARTICULAR PURPOSE, MERCHANTABILITY OR
ANY OTHER WARRANTY, EXPRESS OR IMPLIED. GRANTOR SPECIFICALLY DISCLAIMS
ANY WARRANTY, GUARANTY OR REPRESENTATION, ORAL OR WRITTEN, PAST OR
PRESENT, EXPRESS OR IMPLIED, CONCERNING THE PROPERTY. GRANTEE
ACKNOWLEDGES THAT GRANTEE IS PURCHASING THE PROPERTY BASED SOLELY ON
GRANTEE'S OWN INDEPENDENT INVESTIGATIONS AND FINDINGS AND NOT IN RELIANCE
ON ANY INFORMATION PROVIDED BY GRANTOR OR GRANTOR'S AGENTS OR
CONTRACTORS. GRANTOR HAS MADE NO AGREEMENT TO ALTER, REPAIR, OR IMPROVE
ANY OF THE PROPERTY.
EXECUTED to be effective the
GRANTOR:
STATE OF TEXAS
COUNTY OF COLLIN
_ day of �� �.� t t.0 cat. — 2018.
ANNA COMMUG )EVELPPMENT CORPORATION
By: _
Alonzo utson, its President
Before me. a notary public. on this day personally appeared Alonzo Tutson, known to me to be the person
whose name is subscribed to the foregoing document and, being by me first duly sworn, declared that the
statements therein contained are true and correct and that he has executed this document in his capacity as
President of Anna Community Development Corporation and on behalf of said organization.
Given under my hand and seal of office this Z/&day 2018.
Not ry Public
t.AURCI Ir (V . tJ-GKE i-R
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My Commission Expires: � / _•� My Notary lD#129369379
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