i ORDER NO. 12685 OFFER TO ENERGY-LAND, INC. AND RESORT CENTERS, INC. FOR RIGHT OF WAY FOR STATE HIGHWAY 16 On this the 10th day of May, 1976, came on to be heard and considered by the Court the matter of acquiring 5 parcels of land designated by the State Department of Highways and Public Transportation as right of way parcels Nos. 33, 35, 36, 37 and 38 for the reconstruction of State Highway 16; and it appearing to the Court that as a result of prior negotiations with Energy-Land, Inc. , holder of title of record, and Resort Centers, Inc., holders of a beneficial interest under a recorded contract for deed, an agreed consideration for the conveyance of the said 5 parcels of right of way has been arrived at, it is ordered on motion by Commissioner StOri@ seconded by Commissioner $irtel and unanimously approved by the Court that Kerr County offer to pay Energy-Land, Inc., a Texas Corporation, and Resort Centers, Inc., a Texas Corporation, the sum of $6, 102. 00 as compensation for land and damages for their conveyance to the State of Texas of the following 5 parcels of land comprising 3. 051 acres; and to further pay Resort Centers, Inc. the sum of $650. 00 for damages to its advertising sign situated on Parcel 33, with the said Corporation retaining title and ownership in said sign. The aforesaid compensation is ordered allocated to the said 5 parcels of right of way as follows: Parcel Lot No. Acreage Value 33 2. 044 $ 4, 088. 00 35 1 0.283 566.00 36 2 0.197 394.00 37 3 0.237 474.00 38 4 0.290 580.00 3.051 $ 6, 102. 00 Plus damages to retained sign on Parcel 33 650. 00 Total payment to be made $ 6, 752. 00 It is further ordered that the payments of the aforesaid compensation shall be made upon approval for filing and recordation by the State Department of Highways and Public Transportation of the 5 right of way deeds for the 5 individual parcels conveyed and final title approval which shall include the following requirements: 1. Right of way deeds executed by Energy-Land, Inc, and Resort Centers, Inc. 2. Partial releases of liens held by Energy-Land, Inc. 3. Partial release of liens held by the Estate of Robert L. Spicer, deceased. 4. Payment of all ad valorem taxes, including current taxes. 5. Releases of any tax or other lien against the Estate of Robert. L. Spicer, deceased, which could be deemed to affect the title of the subject F properties; and it further appearing to the Court that by agreement of the two corporations concerned, Energy-Land, Inc. is to receive compensation of its partial releases of liens at the rate of $910. 00 per acre, or a total of $2, 776.41; it is further ordered that upon final title approval and approval for filing of the right of way instruments concerned the Clerk and the Treasurer be authorized to draw the following vouchers on the Highway 16 right of way fund: 1. Voucher in the amount of $2, 776. 41 payable to Energy-Land, Inc. 2. Voucher in the amount of $3, 975. 59 payable to Resort Centers, Inc. and that said vouchers shall be then delivered.