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HomeMy WebLinkAboutABCM Corporation-2/11/2013ENCROACHMENT AGREEMENT Prepared by: David Zellhoefer, 715 Mulberry Street, Waterloo, Iowa 80703 (319) 291-4327 THIS ENCROACHMENT AGREEMENT is entered into by and between ABCM Corporation, hereinafter "ABCM", and the City of Waterloo, Iowa, hereinafter "City" this day of 2013. WHEREAS, ABCM is the owner of real estate commonly known as 2950 West Shaulis Road, Waterloo, Iowa 50701 and legally described as: UNPLATTED WATERLOO WEST A PART OF SOUTHWEST 1/4 SECTION 7 TOWNSHIP 88 RANGE 13 DESCRIBED AS FOLLOWING: COMMENCING AT THE SOUTHWEST CORNER OF SAID SOUTHWEST 1/4 THEN EASTERLY ALONG THE SOUTHERLY LINE A DISTANCE OF 105 FEET THEN NORTHERLY PARALLEL TO THE WESTERLY LINE OF SAID SOUTHWEST 1/4 A DISTANCE OF 50 FEET TO THE POINT OF BEGINNING THEN EASTERLY ALONG LINE PARALLEL TO SOUTHERLY LINE OF SAID SOUTHWEST 1/4 A DISTANCE OF 536 FEET THEN NORTH PARALLEL TO WESTERLY LINE OF SAID SOUTHWEST 1/4 A DISTANCE OF 307.06 FEET THEN WEST PARALLEL TO SOUTHERLY LINE OF SAID SOUTHWEST 1/4 A DISTANCE OF 369.69 FEET THEN SOUTH 35 DEGREES 16 MINUTES 20 SECONDS WEST A DISTANCE OF 309.84'FEET THEN SOUTH 16 DEGREES 55 MINUTES 10 SECONDS EAST A DISTANCE OF 57.43 FEET TO THE POINT OF BEGINNING EXCEPT THAT PART TO THE CITY OF WATERLOO AS DESCRIBED IN LAND DEED BOOK 559 PAGE 870, And UNPLATTED WATERLOO WEST PART OF SOUTHWEST 1/4 SECTION 7 TOWNSHIP 88 RANGE 13 COMMENCING AT THE SOUTHWEST CORNER OF SOUTHWEST 1/4 OF SAID SECTION THEN EAST ALONG THE SOUTH LINE OF SAID SECTION 641 FEET THEN NORTH 50 FEET TO THE POINTT OF BEGINNING THEN CONTINUING NORTH 307.06 FEET THEN EAST 30 FEET THEN SOUTH 307.06 FEET THEN WEST 30 FEET TO THE POINT OF BEGINNING SECTION 7 TOWNSHIP 88 RANGE 13, hereinafter "ABCM property"; and WHEREAS, there is City owned right-of-way adjacent to the south line of ABCM property, which is dedicated as public right-of-way, hereinafter "right-of-way"; and WHEREAS, ABCM has requested to place a sign that would be located partially within the right-of- way, with the encroachment area as shown on attached Exhibit "A"(the "sign") and agree to remove any existing sign encroaching into said right-of-way; and WHEREAS, the City is willing to allow said sign to encroach into said right-of-way as described above, subject to the following agreement regarding each party's rights. THEREFORE IT IS HEREBY AGREED by and between the parties as follows: Page 1 of 3 1. Affirmation. ABCM hereby recognizes and reaffirms, said right-of-way. 2. Grants. The City grants ABCM, and all successors or assigns the right to maintain said encroachment into said right-of-way as described herein, subject to the rights of the City and/or any agency to which the City has granted a utility franchise to and for access over, under and upon said street, expressly recognizing and acknowledging that any damage that occurs to said encroachment will be the sole risk and expense of ABCM and all successors or assigns, including repair or removal expenses. In the event that the City and/or any agency to which the City has granted a utility franchise needs said encroachment to be temporarily removed for access to said right-of-way, ABCM and all successors or assigns shall remove said encroachment if present and able, otherwise the City and/or any agency to which the City has granted a utility franchise shall be authorized to remove said encroachment and access any costs for removal against ABCM and all successors or assigns, or against ABCM property. The City and/or any agency to which the City has granted a utility franchise shall not be responsible or liable for damage or replacement of said encroachment. 3. Term of Agreement. The term of this agreement shall be for so long as said encroachment is maintained by ABCM, or any successors or assigns, and said encroachment continues to exist, and that this agreement shall automatically terminate if said encroachment is removed (other than for temporary removal as noted above). It is understood and agreed that this Agreement is appurtenant to Real Estate. It is further understood and agreed that this agreement may be terminated by the City of Waterloo upon 60 days notice and order to permanently remove to ABCM, or any successors or assigns, and that ABCM, or any successors or assigns, agree to remove said encroachment prior to the end of the 60 days notice and termination of this agreement. If ABCM, or any successors or assigns, fail to remove said encroachment upon termination of this agreement ABCM, and any successors or assigns, authorize the City of Waterloo to remove said encroachment and assess costs for removal against ABCM and all successors or assigns, or against ABCM property. 4. Indemnification. ABCM, and all successors or assigns, shall protect, defend, indemnify, and hold harmless the City and its successors or assigns, and its officers, elected officials, employees, and agents, and any agency to which the City has granted a utility franchise from any claim, damages, liability and expenses (including, but not limited to, reasonable attorneys fees and costs of litigation) arising out of the use or maintenance of said alley or said encroachment, including any damage to said encroachment. This covenant shall survive the termination of this Agreement. 5. General. This Agreement, together with any addenda or exhibits hereto, constitute the entire agreement of the parties or contemporaneous negotiations, discussions understandings, or agreements, whether oral or written, with respect to the subject matter hereof. This Agreement may be modified only by the mutual written agreements of the parties. Page 2 of 3 Attest: Suzy Shares, City Clerk STATE OF IOWA ) COUNTY OF BLACK HAWK ) SS. ABCM CORPORATION City of Waterloo By: Ernest Clark Its: Mayor This instrument was acknowledged before me on , 2013 by as of ABCM Corporation. Notary Public STATE OF IOWA ) COUNTY OF BLACK HAWK ) SS. This instrument was acknowledged before me on this day of , 2013, by Ernest Clark and Suzy Shares as Mayor and City Clerk, respectively, of the City of Waterloo. Notary Public Page 3 of 3 Exhibit "A" 2950 W Shaulis Encroaching S gn 1' x 8' in size 1' north of Bike trail /////X// 370' 411- _ 120' Bike Trail (Shaulis Road Trail) W SHAULIS RD