Appointment of Single Payee or Attorney-in-Fact

To eliminate the necessity of circulating the warrant for personal endorsement by each grantor when the owners are widely scattered or distantly located, when executing the MOA, said owners may name and designate one owner as the payee and authorize the state to issue its warrant payable to such owner. In this instance, TxC payment ID is prepared accordingly, and the following clause is inserted in the MOA:
“We, the undersigned owners of the premises herein described, hereby appoint (name) as co-owner of said land to receive all of the consideration hereinabove set forth, and the state is hereby authorized to make its warrant payable to said (name) only, which shall constitute full, total, and complete payment for all interest owned and to be conveyed by the undersigned in compliance with the terms of this instrument.”
If the foregoing procedure is not acceptable to the owners, they may eliminate the necessity of circulating the warrant by naming and appointing an attorney-in-fact (who cannot be a TxDOT employee) to receive the warrant, endorse the same for them, cash the warrant, and disburse the proceeds. To accomplish this, it will be necessary to insert the following clause in the MOA:
“We, the undersigned owners of the premises herein described, hereby appoint and designate (name) as our Attorney-in-Fact for the purpose of and with full power of attorney to receive and accept the state's warrant in the sum of the consideration herein above set forth, payable to us as the owners and grantors, and as our agent the said (name) is hereby authorized and empowered to endorse and cash said warrant and make disbursement of said consideration to each owner in accordance with their interest conveyed. Delivery of said warrant by the state to the above named Attorney-in-Fact shall constitute full performance by the state in said transaction, and the state shall not be held accountable or in any manner responsible for the acts of said agent thereafter.”