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HomeMy WebLinkAboutRESOLUTION NO 15 07 345STATE OF GEORGIA COUNTY OF FULTON RESOLUTION NO. 15-07-345 A RESOLUTION RATIFYING CONFIRMATION OF TRANSFERABLE DEVELOPMENT RIGHTS BETWEEN ROBERT A. BRANNON AND THE CITY OF MILTON, GEORGIA BE IT RESOLVED by the City Council of the City of Milton, Georgia, while in regular session on the 20th day of July, 2015 at 6:00PM, as follows: WHEREAS, on June 25, 2015 , the Mayor of the City of Milton executed a document entitled "Confirmation of Transferable Development Rights," a copy of which is attached hereto as Exhibit "A"; and WHEREAS, the City Council of the City of Milton finds the Confirmation of Transferable Development Rights to be in the best interest of the public health, safety, and welfare; NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF MIL TON, GEORGIA, AND IT IS RESOLVED BY THE AUTHORITY OF SAID COUNCIL: The City of Milton does hereby ratify the Confirmation of Transferable Development Rights attached hereto as Exhibit "A" and execution of the same by the Mayor of the City of Milton on June 25, 2015. RESOLVED this 20th day of July, 2015. Attest: Sudie AM Gordon, City Clerk .. CROSS REFERENCE TO: RETURN TO: Deed Book 50644, Page 97, Deed Book 51741, Page 294, and Deed Book 53269, Page 543. Fulton County, Georgia Records. STATE OF GEORGIA COUNTY OF FVL TON AFTER RECORDING, Mr. Robert A. Brannon 15144 Taylor Road Milton, Georgia 30004 CONFIRMATION OF TRANSFERABLE DEVELOPMENT RIGHTS THIS CONFIRMATION OF TRANSFERABLE_~VELOPMENT RIGHTS (herein referred to as this "Conf1m1ation'') is made this ~y of June, 2015, by and between ROBERT A. BRANNON, his personal representatives, beneficiaries, heirs, successors, and assigns, having an address at 15144 Taylor Road, Milton, Georgia 30004 ("Brannon") and THE CITY OF MIL TON, GEORGIA, a political subdivision of the State of Georgia. its successors and assigns having an address at 13000 Deerfield Parkv..-ay, Suite 107, Milton, Georgia 30004 ("Milton"). WITNESSETH: WHEREAS, in accordance with the City of Milton's Transferable Development Rights Program, Chapter 64, Article XIX, Section 1.7.1, et seq., of the City of Milton, Georgia Municipal Code (the "Milton Code"), Brannon has subjected 5.00 acres more or less to a conservation easement (the "Conservation Easement Property'"')~ and WHEREAS, as material inducement for Brannon subjecting the Conservation Easement Property to the easement, Brannon bas applied to Milton for, and Milton has granted to Brannon, five (5) transferable development rights (collectively, the "TDRs" and individually, a ''TDR"}; and WHEREAS, Brannon is the owner of that certain improved real property as more particularly described on Exhibit "A," attached hereto and incorporated herein by this reference (the "Property"): and (CONFIRMATION OF TRANSFERABLE DEVELOPMENT RIGHTS CONTINUES ON FOLLOWING PAGE.] , · ·EX:t:IIBIT . · . ···.A . ..:· . ··:-. LCONFIRMATION OF TRANSFERABLE DEVELOPMENT RIGHTS CONTINUED FROM PREVIOUS PAGE.) WHEREAS, Brannon and Milton desire to confinn and evidence the creation of TDRs from the Conservation Easement Property through recording this Confinnation in the Real Estate Records of the Clerk of Superior Court of fulton Count. Georgia. NOW, THEREFORE, tor and in consideration of the sum of Ten and No! I 00 dollars and/or other good and valuable consideration in hand paid, the receipt whereof is hereby acknowledged, the undersigned parties acknowledge, covenant and agree as follows: As of the date hereof, Milton has approved the Conservation Easement Propeny as an open space sending site pursuant to Chapter 64, Article XIX, Section 1.7.3, of the Milton Code, and any subsequent ordinance regulating IDRs (collt:ctivdy, :said code and all amendments, replacements or any subsequent ordinances are referred to as the "TDR Program") that Milton may adopt from Lim~ tu time. In accordance with the TOR Program, Milton acknowledges and agrees that Brannon has been issued five (5) TDRs. Milton further iiCkoowledges and agrees that Brannon may at any time, and from time to time, for purposes of the TOR Pr0!,'11l111, transfer one or more TDRs (including partial TORs comprising less than one (1) whole TOR) to a TOR receiving site in accordance with the TDR Program and without the necessity or requirement of Brannon making and entering intQ any recQrdable instruments with the purchascr(s) of the TDRs. The City makes no representations ·with respect to the legal requirements for documentation and notice of transfer of the TDRs other than with respect to compliance with the TDR program. IN WITNESS WHEREOF, Brannon and Milton have executed this Confinnation as of the day and year ftrst above written. BRANNON: Robbie A. Brannon Si ed, sealed, and delivered in the presence of: (Notary Seal) [SJGNATURES CONTINl1ED ON FOLLOWING PAGE.] CITY OF MILTON: CITY OF MILTON, :;:litical su4?Me of Georgia [ts: M---1 ,./"' u, sealed and delivered in the presence of: r My Commission Expires: .JJCviJ'Y1bef l L ~Q L5 [SIGNATURES CONTINUED ON FOLLOWING PAGE.] -----------------------------------~ Branch Banking and Trust Company ('•BB&T") joins this Confirmation for the sole purpose of acknowledging and consenting to the creation and recording of this Confirmation. . BRANCH BANKING AND TRUST COMPANY ayC\s~n '""'roro c..e Name:C:o.,~r·~ e. Sc:.n-...01 m f'l'""l Q.Q_ Title: lf'~JO'-'ce..:\-Lee.~~ P..vfl Signed, sealed and dt:livered in the pr~eoce uf; ~~ Unofficial Witness ___________ _ My Commission Expires: (Notary Seal) [SIGNATURES CONTINUED ON FOLLOWING PAGE.] Mortgage Electronic Registration Systems, Inc. as nominee for Branch Banking and Trust Company ("MERS") joins this Confirmation for the sole purpose of acknowledging and consenting to the creation and recording of this Confirmation .. MORTGAGE ELECTRONJC REGISTRATION SYSTEMS, INC. as nominee for Branch Banking and Trust Company By: '1-~- Name: metre, C{. Title: V . P. Signed, sealed and delivered in the presence of: Notary Public c:o:;l'=jl\ 'fj;.rbu..S STATEOF~~ COUNTY OF~ ly M..l:.fommission Expires: ~ t0 1 .;).etC\ (Notary Seal) [END OF SIGNATURE PAGES TO CONFIRMATION OF TRANSFERABLE DEVELOPMENT RIGHTS] [EXIDBIT BEGINS ON FOLLOWING PAGE.] EXHIBIT A DESCRIPTION OF BRANNON PROPERTY All that tract or parcel of land lying and being located in Land Lots 561 and 562, District 2, Section 2. Fulton County. Georgia. within the City of Milton. and being more particularly described as follows: Beginning at an iron pin found (I" CJT) at the northwest corner of Land Lot 562. said comer being the common comer of Land Lots S 18. 519. 562, and 563; THENCE South 88 degrees 30 minutes 50 seconds East for a distance of 568.65 feet along the north line of Land Lot 562 to a point; THENCE continuing. South 88 degrees 30 minutes 50 seconds East for a distance of 740.32 feet along the north line of Land Lot 562 to an iron pin found (I" orr, tall) at the northeast comer of Land Lot 562, said comer being the common comer of Land Lots 519, 520, 561. and 562; THENCE leaving said north I ine of Land Lot 562, South 02 degrees 09 minutes 10 seconds West for a distance of 414.00 feet along the east line of Land Lot 562 to an iron pin found (3/4" C/T); THENCE leaving said east line of Land Lot 562, South 87 degrees 09 minutes 31 seconds East for a distance of686.52 feet to an iron pin found (2 .5" pipe, tall); THENCE South 06 degrees 54 m inutcs 21 seconds East for a distance of 163.12 feet to an iron pin fotmd (1/2" RIB); THENCE South 86 degrees 01 minutes 50 seconds East for a distance of 385.52 feet to an iron pin found (1" Cf f) on the west right of way line of Old Taylor Road (a 30' RJW); THENCE South 13 degrees 38 minutes 44 seconds West for a distance of 66.70 feel along the west right of \vay line of Old Taylor Road (a 30' RJW) to an iron pin found (112" R/13); THENCE leaving said west right of way line of Old Taylor Road, North 27 degrees 56 minulc::s 44 seconds \Vest for a distance of 49.57 feet to au iron pin found (1 /2" RID); THENCE North 86 degrees 07 minutes 39 seconds West for a distanc-e of 336.69 feet to an imn pin found (1/2" RIB); THENCE North 46 degrees 36 minutes 27 seconds West for a distance of 38.24 feet to an iron pin found (1/2" RiB); THENCE North 07 degrees 05 minutes 38 seconds West for a distance of 124.48 feet to an iron pin found (1 /2" RIB); TIIENCE North 47 degrees 08 minutes 54 seconds West for a distance of 19.29 feet to an iron pin found ( 112" RiB); 1HENCE North 87 degrees 08 minutes 50 seconds West for a distance of 655.65 feet to an iron pin found ( 112" RIB); THENCE North 80 degrees 39 minutes 25 seconds West for a distance of 400.03 feet to an iron pin found ( 112" RIB); THENCE North 68 degrees 29 minutes 18 seconds West for a distance of 413.97 feet to an iron pin found ( 1/2" RIR); THENCE South 55 degrees 08 minutes 18 seconds West for a distance of 471 .61 feet to an iron pin found (1/2" RIB): THENCE North 51 degrees 49 minutes 59 seconds West for a distance of 173.97 feet to an iron pin found {1 /2" R/B) on the west line of land Lot 562; TH E~CE North 01 degrees I 8 minutes 40 seconds East for a distance of 420.78 feet along the west line of Land Lot 562 to an iron pin found ( l" CIT) at the northwest comer of Land Lot 562 and the point ofbegirming. Together with and subjet:t to covenants, easements. and restrictions of record. Said property contains 12 .090 acres and is more fully shov.11 as Tract "A" and Tract "B" on a Survey for Robert A. Brannon. by Brumbelow-Reese and Associates. Inc., dated January 26. 2015. revised 3-27-20 I 5. bearing their job number 2015-006, and being identified as draw·ing BRANNON-TOR 1.