HomeMy WebLinkAboutGrady Farms Dairy, Inc-9/6/2011ACQUISITION CONTRACT
Parcel Nos am a -n9-351-009. -451-101 R -476-009: x813.16.101-001 -901-001, 2. -196-001
PROJECT Shnulie Rnnri Fxfancinn/Anehnrnugh Avanua Imprnvamanfc
THIS ACQUISITION CONTRACT (the "Contract") is made and entered into as of
between arneiy Fnrmc !Inky, Inc- ("Seller"), and City of Waterloo, Iowa, ("Buyer").
1-19 , 2011 by and
1. Seller agrees to sell to Buyer, and Buyer agrees to buy, the following real estate and/or easement interests (the
"Property"), described as: • • • • • •l' • • 1 • - " City of Waterloo, State of
Iowa, which includes the buildings, improvements and other fixtures thereon.
The Property also includes, if applicable, all estates, rights, title and interests, including all easements, and all
advertising devices and the right to erect such devices as are located thereon.
2. Possession of the Property is the essence of this Contract, and Buyer may enter and assume full use and enjoyment of
the premises per the terms of this Contract. Seller hereby grants Buyer the immediate right of access and entry to
the Property for project purposes, including but not limited to gathering survey and soil data. Seller may surrender
possession of the Property or any part thereof prior to the time at which it has hereinafter agreed to do so, and
agrees to give Buyer ten (10) days notice of Seller's intention to do so by calling Buyer at (319) 291-4366.
3. The Purchase Price shall be $ 4NL96R 75 , based on a fee title value of $15,000 per acre, as itemized on Exhibit "B"
attached hereto. Of the Purchase Price, $100.00 is on deposit with the law office of Clark, Butler, Walsh & Hamann,
to be held in trust, and the balance of the Purchase Price shall be due and payable in full at closing, to be delivered
to the Seller upon performance of Seller's obligations and satisfaction of Buyer's contingencies, if any. If this
Contract is not accepted by Seller or if it is rescinded by Buyer for failure of title or any other reason provided for in
this Contract, then the earnest money shall be returned to Buyer. Any other release of earnest money shall require
the written consent of both parties. In addition to the Purchase Price, if Seller is eligible for relocation expenses then
it shall also receive relocation housing costs equal to the amount by which the Purchase Price of Seller's
replacement property exceeds $118,800, up to a maximum award of $22,500. The parties anticipate that Seller may
be eligible for up to $20,000 in relocation assistance compensation, apart from this Contract.
4. Possession of the Property shall be delivered to Buyer at closing, which shall occur on or before
as the parties may hereafter agree, but in any event after the approval of title by Buyer and satisfaction or waiver
of contingencies, if any. No later than the closing date, Seller shall remove from the Property all of its personal
property, trash, and debris of any type that is not a structure or a fixture. Within said time Seller shall also remove
all hazardous materials and/or substances from the Property on or above the ground surface, including but not
limited to barrels, cans, or bottles of any kind. Costs incurred by Buyer to remove any items left behind by Seller
shall be set off against moving costs and/or other expenses that Buyer agrees to reimburse to Seller under this
Contract.
5. Seller warrants that there are no tenants on the Property holding under a lease except'
6. This Contract shall apply to and bind the legal successors in interest of the Seller, and Slier agrees to pay all
encumbrances, claims, liens and assessments against the Property, including all to and special assessments
payable until surrender of possession as required by Section 427.2 of the Co o Iowa, and agrees to warrant
merchantable title. Names and addresses of lienholders are.
(a) Blnck Hawk County, Iowa, fpr taxes (b) Unknown until completion of abstract continuation
7. Buyer may include mortgagees, lienholders, encumbrances and taxing authorities as payees on warrants as
contract payment. Seller will furnish and deliver to Buyer an abstract of title continued by Black Hawk County
Abstract Company to a date within thirty (30) days before the closing date, showing merchantable title to the
Property in Seller in conformity with this Contract, Iowa law, and title standards of the Iowa State Bar Association.
Seller agrees to pay the cost of abstract continuation, or creation, as necessary. Seller agrees to obtain court
approval of this Contract, if requested by the Buyer, if title to the Property becomes an asset of any estate, trust,
conservatorship or guardianship. Seller agrees to pay court approval costs and all other costs necessary to transfer
the Property to the Buyer. Seller shall convey the Property to Buyer by warranty deed, free and clear of all liens,
restrictions, and encumbrances except as provided in this Contract.
8. [This paragraph is optional depending on whether relocation expenses are involved.] Moving and relocation
expenses of Seller shall be paid by Buyer, as set forth in this paragraph. Seller will provide to the Buyer a minimum
of two estimates from professional moving companies. In addition, Buyer will reimburse Seller for its actual
miscellaneous, reasonable closing costs and expenses based on invoices supplied by Seller to Buyer. Any and all
costs incurred by Seller in connection with cleaning up the Property to ready it for closing are not considered
moving or relocation expenses.
9. If the Seller holds title to the Property in joint tenancy with full rights of survivorship and not as tenants in common at
the time of this Contract, Buyer will pay any remaining proceeds to the survivor of that joint tenancy and will accept
title solely from that survivor, provided the joint tenancy has not been destroyed by operation of law or acts of the
Seller.
10. Seller agrees to keep property hazard insurance coverage in force in a minimum amount equal to the Purchase
Price, payable to all parties as their interests may appear, from the date of this Contract until delivery of the deed
and possession. Buyer shall notify all insurance companies of this Contract. In case of loss or destruction of part or
all of the Property from causes covered by the insurance, Seller agrees to accept the lump sum payment and to
endorse the proceeds of any such insurance recovery to the Buyer. Seller hereby assigns the proceeds of any such
insurance recovery to the Buyer, and Seller hereby assigns to Buyer any and all of Seller's rights under such insurance
contract.
11. The Seller has agreed to sell the Properly to the Buyer. Seller acknowledges if it fails to complete its duties of
performance under this Contract, Buyer may exercise its power of eminent domain to acquire the Property,
provided that the Property is deemed essential by the City Council to keep the project moving forward, or Buyer
may exercise other remedies available under applicable law. Buyer agrees to cooperate with Seller, at Seller's
request and at no additional cost to Buyer, to have this transaction qualify as an involuntary conversion pursuant to
§ 1033 of the Internal Revenue Code.
12. This Contract shall become effective only upon the occurrence of each of the following two events: (a)
acceptance and approval of the Contract by the City Council of the City of Waterloo, and (b) the environmental
clearance of the Property in accordance with Phase I site assessment and recommended subsequent activities. In
supplementation of the Phase I, Seller agrees, no later , to disclose to Buyer all contamination
of the Property by hazardous wastes and/or substances of which Seller has knowledge.
13. This Contract is further subject to the following terms and conditions: (a) Field entrances shall be constructed to Iowa
Dep't of Transportation standards. (b) Access points to farm fields will be determined on site with a representative
from the consultant. (c) Upon reasonable notice to Seller on one or more occasions, Buyer shall have access to
structures on the Property for purposes of asbestos and environmental testing and abatement of conditions
determined to exist.
14. This Contract, together with the exhibits and attachments attached hereto, constitutes the entire agreement
between Buyer and Seller, and there is no agreement to do or not to do any act or deed except as specifically
provided herein. This Contract may be modified only in a writing signed by both parties. Time is of the essence of
this Contract.
WHEREFORE, the parties have entered into this Acquisition Contract as of the date first set forth above.
es Grady, President, G ady Farms Dairy, Inc.
[Seller name]
'92-0 �v A
SSN or EIN
51572,06L)
SSN or EIN
SELLER'S ACKNOWLEDGMENT:
STATE OF IOWA: ss:
Acknowledged before me on itirsr , 2o /( , by Imes Grady
APP
TIM ANDERA
COMMISSION NO.
MY COMMISSION ' R
FEBRUARY, 2012
City ' I. ning Staff
APPROVED BY:
DATE APPROVED'
Mayor)
$ �(d
BUYER'S ACKNOWLEDGMENT:
STATE OF IOWA, BLACK HAWKCOUNTY, ss:
Acknowledged before me on ' rv� by Ernest C Clark and Suzy Schares as Mayor and City Clerk,
respectively, of the City of Waterloo, Iowa.
Notary Public
G, tot
(Date)
ATTEST* <
A Lr....5).)
(city Clerk)
Notary Iublic
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City of Waterloo
ACQUISITION OF RIGHT OF WAY
EXHIBIT 'A-14
2 OF 3
Soum 1/4 CORNER
09-T88N-R1.3W
FWD. 1/" REBAR
EAST LINE SEF/4 SW1/4
9-88-13
MATCH LINE
SOUTH LINE SW 1/4 OF
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SOUTH LINE SE 1/'4 OF
1 9 —1
S 88'57'32- W
55.01'
PLAT LEGEND:
A DENOTES SECTION CORNER FOUND
d DENOTES SECTION CORNER SET
• DENOTES IRON PIPE OR PIN FOUND
0 DENOTES 5/8' REBAR W/ YELLOW
PLASTIC CAP NO 17340 SET
(IN MEASURED
NI) RECORDED
(P) PLATTED
2
r
2
co
L11
NORM LINE SW --/4 5E1/:4
9-88-13
EAST LINE SWI/4 SE1/4
9-88-13
N 88"5731" E
300.00'
5 8579'50" E
201.00'
N 8440'10" E
200.56'
LINE TABLE
UNE
LENGTH
BEARING
L1
67.00
N 89'04'05" E
L2
50.21
N 13312'51" E
L3
149.98
S 88'49'58" E
L4
150.14
N 8915'30" E
L5
200.96
N 83'32'51" E
L6
100.50
N 8312'51" E
L7
100.00
N 8915'30" E
L8
201.00
S 85'01'52" E
L9
170.79
N 89'00'11" E
L10
217.12
N 88'57'32" E
L11
122.01
S 0017'45" E
L12
34.85
S 001 2'37" E
L13
394.95
S 8702'58" W
L14
19.74
S 8857'55" W
L15
101.12
N 8212140" W
L16
49.97
S 8915'30" W
L17
151.34
S 8119'49" W
L18
50.00
S 8915'30" W
L19
151.33
N 83'08'50" W
L20
249.97
S 8915'30" W
L21
50.51
S 8117'19" W
L22
350.00
S 8915'30" W
L23
100.24
N 86'44'15" W
L24
33.00
N 0019'16" W
r HEST RIGHT OF WAY LJNE
KIMBALL AVENUE
NORM LINE SE2/4 SE7/4
9-88-13
EAST LINE SE1/4 SE1/4
9 -r; -1J
KIMBALL AVE •1
SE CORNER
09-T88N-R13W
FND 3" ALUMINUM DISC
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SCALE l"=300'
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600'
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DESCRIPTION OF ATTACHED PLAT FOR PARCEL NO. 13
BLACK HAWK COUNTY PROJECT NO, STP -U-8155(711)--70-07
THE FEE SIMPLE TITLE GRANTED IS TO LAND DESCRIBED AS FOLLOWS:
A parcel of land in the Southwest Quarter and the Southeast Quarter of Section 9, and the Northwest
Quarter and the Northwest Quarter of the Northeast Quarter of Section 16, all in Township 88 North,
Range 13 West of the 5th P.M., Black Hawk County, Iowa, as shown on the Acquisition Plat for
Acquisition of Right of Way Exhibit "A", attached hereto and by reference made part hereof and more
particularly described as follows:
Beginning at the Southwest Corner of said Section 9; Thence North 00°31'43" West, 659.07 feet on the
West line of the Southwest Quarter of said Section 9, to the South line of a parcel of land described in
Book 573 Page 508 in the Black Hawk County Recorders Office; Thence North 89°04'05" East, 67.00
feet on said South line; Thence South 00°31'43" East, 557.29 feet; Thence North 89°15'30" East, 504.87
feet; Thence North 83°32'51" East, 50.21 feet; Thence South 88°49'58" East, 149.98 feet; Thence North
89°15'30" East, 150.14 feet; Thence North 83°32'51" East, 200.96 feet; Thence North 89°15'30" East,
950.00 feet; Thence North 83°32'51" East, 100.50 feet; Thence North 89°15'30" East, 100.00 feet;
Thence South 85°01'52" East, 201.00 feet; Thence North 89°00'11" East, 170.79 feet to the East line of
the Southeast Quarter of the Southwest Quarter of said Section 9; Thence North 89°00111" East, 978.81
feet; Thence North 87°43'52" East, 700.16 feet; Thence North 88°5731" East, 300.00 feet; Thence South
85°19°50 East, 201.00 feet; Thence North 84°40'10" East, 200.56 feet; Thence North 88°57'32" East,
217.12 feet to the West Right of Way line of Kimball Avenue; Thence South 00° 17'45" East, 122.01 feet
on said West Right of Way line to the South line of the Southeast Quarter of the Southeast Quarter of
said Section 9; Thence South 88°57'32" West, 1270.30 feet on said South line to the Northeast Corner of
the Northwest Quarter of the Northeast Quarter of said Section 16; Thence South 00°12'37" East, 34.85
feet on the East line of said Northwest Quarter of the Northeast Quarter, Thence South 87°02'58" West,
394.95 feet; Thence South 88°57'55" West, 930.70 feet to the East line of the Northeast Quarter of the
Northwest Quarter of said Section 16; Thence continuing South 88°57'55" West, 19.74 feet; Thence
North 82°12'40" West, 101.12 feet; Thence South 89°15'30" West, 49.97 feet; Thence South 81°39'49"
West, 151.34 feet; Thence South 89°15'30" West, 50.00 feet; Thence North 83°08'50" West, 151.33 feet;
Thence South 89°15'30" West, 249.97 feet; Thence South 81°17'19" West, 50.51 feet; Thence South
89°15'30" West, 350.00 feet; Thence North 86°44'15" West, 100.29 feet; Thence South 89°15'30" West,
1317.41 feet to the West line of said Northwest Quarter of the Northwest Quarter, Thence North
00°19'16" West, 33.00 feet on said West line to the Point of Beginning; containing 18.37 acres more or
less of which 1.65 acres is existing Permanent Roadway Easement;
Note: The South line of the Southwest Quarter of Section 9, Township 88 North, Range 13 West of the
5th P.M., is assumed to bear North 89°15'30" East.
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MATCH UNE
'EAST UNE NE1/4 NW1/4
16-88-13
SOUTH UNE SW 1/4 OF
THE SE 1/4 9-88-13
EAST LINE NW1/4 NE1/4
16-88-13
PLAT LEGEND:
♦ DENOTES SECTION CORNER FOUND
DENOIES SECTION CORNER SFT
• DENOTES IRON PIPE OR PIN FOUND
0 DENDIES 5/8" REBAR W/ YELLOW
PLASTIC CAP NO /7340 SET
(U) MEASURED
(R) RECORDED
(P) PLATTED
N 8857'32"E 1911.08'
N 88'57'.32" E 2671.59'
City of Waterloo
ACQUISITION OF PERMANENT EASEMENT
COLIBIT- 7 "
2 OF 3
MATCH UNE
EAST UNE SEI/4 SW1/4
9-88-13
SOUTH 1/4 CORNER
09--T88N-R13W
FND. 1/2" REBAR
NORTH UNE SW1/4 SE1/4
9-88-13
EAST UNE SWI/4 I/4
9-88-13
SOUTH UNE SE 1/4 OF
THE SE 1/4 9-88-13
N 0102'28" W
127.00'
LINE TABLE
UNE
LENGTH
BEARING
L1
13.05
N 38'56'26" E
L2
52.20
N 88'57`32" E
L3
13.55
S 38'56'26" W
L4
3.87
N 8519'50" W
L5
48.03
S 88'57'32" W
POINT OF BEGINNING
PARCEL No.3
NORTH LINE SE1/4 SE1/4
9-88-13
EAST LINE SEI/4 SEI/4
9-88-13
E_
SE CORNER
09-T8BN-R13W
FND. 3" ALUMINUM DISC
2
SCALE 1"=300'
0 50' 150' 300'
600'
Ev -( t -
3of3
DESCRIPTION OF ATTACHED PLAT FOR PARCEL NO, 13
BLACK HAWK COUNTY PROJECT NO. STP -U-8155(711)--70-07
THE PERMANENT EASEMENT TITLE GRANTED IS TO LAND DESCRIBED AS
FOLLOWS:
Parcel 1- A parcel of land in the Southwest Quarter of the Southwest Quarter of Section 9, Township 88
North, Range 13 West of the 5th P.M., Black Hawk County, Iowa, as shown on the Acquisition Plat for
Acquisition of Permanent Easement Exhibit "A", attached hereto and by reference made part hereof:
Referring to the Southwest Corner of said Section 9; Thence North 00°31'43" West, 562.12 feet on the
West line of said Southwest Quarter of the Southwest Quarter; Thence North 89°28'17" East, 67.00 feet
to the Point of Beginning; Thence North 00°31'43" West, 50.00 feet; Thence North 89°28'17" East,
40.00 feet; Thence South 00°31'43" East, 50.00 feet; Thence South 89°28' 17" West, 40.00 feet to the
Point of Beginning; containing 0.05 acres more or less;
Note: The West line of the Southwest Quarter of Section 9, Township 88 North, Range 13 West of the
5th P.M., is assumed to bear North 00°31'43" West
Parcel 2 - A parcel of land in the Southeast Quarter of the Southwest Quarter of Section 9, Township 88
North, Range 13 West of the 5th P.M., Black Hawk County, Iowa, as shown on the Acquisition Plat for
Acquisition of Permanent Easement Exhibit "A", attached hereto and by reference made part hereof
Referring to the Southwest Corner of said Section 9; Thence North 89°15'30" East, 1479.20 feet on the
South line of said Southwest Quarter, Thence North 00°44'30" West, 102.00 feet to the Point of
Beginning; Thence continuing North 00°44'30" West, 15.00 feet; Thence North 89°15'30" East, 40.00
feet; Thence South 00°44'30" East, 15.00 feet; Thence South 89°15'30" West, 40.00 feet to the Point of
Beginning; containing 0.03 acres more or less;
Note: The South line of the Southwest Quarter of Section 9, Township 88 North, Range 13 West of the
5th P.M., is assumed to bear North 89°15'30" East.
Parcel 3 - A parcel of land in the Southeast Quarter of the Southeast Quarter of Section 9, Township 88
North, Range 13 West of the 5th P.M., Black Hawk County, Iowa, as shown on the Acquisition Plat for
Acquisition of Permanent Easement Exhibit "A", attached hereto and by reference made part hereof:
Referring to the Southeast Corner of said Section 9; Thence South 88°57'32 West, 718.57 feet on the
South line of said Southeast Quarter; Thence North 01°02'28" West, 127.00 feet to the Point of
Beginning; Thence North 38°56'26" East, 13.05 feet; Thence North 88°57'32" East, 52.20 feet; Thence
South 38°56'26" West, 13.55 feet; Thence North 85°19'50" West, 3.87 feet; Thence South 88°57'32"
West, 48.03 feet to the Point of Beginning; containing 0.04 acres more or less;
Note: The South line of the Southeast Quarter of Section 9, Township 88 North, Range 13 West of the
5th P.M., is assumed to bear North 88°57'32" East.
COUNTY
PROJECT NO.
SECTION
City of Waterloo
ACQUISITION OF TEMPORARY EASEMENT
JIXHIDIT '71-3
1 OF 3
BLACK HAWK
STATE CONTROL NO._ 3
STP—U-8153 711 --70-07 PARCEL. NO.
09 & 16 TOWNSHIP 88 NORTH RANGE 13 WEST
ROW—FEE AC, TEMP EASE 3.77 AC, PERM EASE AC
N 001,311431 W 2642,11' l
7.gr7 11r)R?s O ;e. t
SW CORNER
09-- ra8N-.R13W
FND. 3/41 IRON PIPE
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9-88-13
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EAST LINE
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9-88-13
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14-6R-70
City of Waterloo
ACQUISITION OF TEMPORARY EASEMENT
EXHIBIT "q3'
2 OF 3
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EAST UNE NW1/4 NE1/4
16-88-13
Ln
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L37
SOUTH LINE 5E 1/4 OF
THE SE 1/4 9-88-13
PLAT LEGEND:
♦ DENOTES SECTION CORNER FOUND
11 DENOTES SECTION CORNER SET
• DENOTES IRON PIPE OR PIN FOUND
O DENOTES 5/8' REBAR W/ YELLOW
PLASTIC CAP NO. 17340 SET
(M) MEASURED
{R) RECORDED
{P) PLATTED
MATCH LINE
EAST UNE SE1/4 SWI/4
9-88-13
SOUTH 1/4 CORNER
09-T88N-R13W
FND. 1/2" REBAR
NORTH LINE SWI/4 SE1/4
9-88-13
EAST LINE SW1/4 SEl/4
9-88-13
LINE TABLE
LINE
LENGTH
BEARING
L1
102.25
N 0011'43" W
L2
67.00
N 89'28'17" E
L3
557.29
N 00'31'43" W
L4
20.00
N 89'04'05" E
L5
522.36
S 0011'43" E
L6
20.00
N 00'44'30" W
L7
300.00
N 8915'30" E
L8
20.00
S 00'44'30" E
L9
220.08
N 8915'30" E
L10
15.00
S 0017'46" E
L11
217.13
5 88'57'32" W
L12
200.56
S 84'40'10" W
L13
201.00
N 85'19'50" W
L14
300.00
S 88'57'32" W
L15
170.79
S 89'00'11" W
L16
201.00
N 85'01'52" W
L17
100.00
S 8915'30" W
L18
100.50
S 8312'51" W
L19
200.96
S 83'32'51" W
L20
150.16
S 8915'24" W
L21
149.97
N 88'49'58" W
L22
50.21
S 83'32'51" W
L23
504.87
S 8915'30" W
L24
33.00
S 00'44'30" E
125
364.99
N 8915'30" E
L26
100.29
S 86'44'15" E
L27
350.00
N 8915'30" E
L28
50.49
N 8117'19" E
L29
249.98
N 8915'28" E
L30
151.34
S 83'08'50" E
' L31
50.00
N 8915'30" E
L32
151.34
N 81'39'49" E
L33
49.97
N 8915'30" E
L34
101.13
S 8212'40" E
L35
19.74
N 88'57'55" E
L36
394.95
N 87'02'58" E
L37
18.16
S 0012'37" E
L38
219.72
S 89'00'06" W
L39
20.00
S 00'44'30" E
L40
300.00
S 8915'30" W
L41
20.00
N 00'44'30" W
L42
20.00
N 00'44'30" W
rNORTH UNE SE1/4 SE1l`4
9-88-13
1.10
SE CORNER
09-T88N-R13W
FND. 3" ALUMINUM DISC
Z
SCALE r=300'
Q` 50' 150' 300'
600'
j
EAST UNE 5E1/4 SE1/4
9-88-13
ext sir"/4-7
3of3
DESCRIPTION OF ATTACHED PLAT FOR PARCEL NO. 13
BLACK HAWK COUNTY PROJECT NO. STP -U-8155(711)--70-07
TEE TEMPORARY EASEMENT TITLE GRANTED IS TO LAND DESCRIBED AS
FOLLOWS:
Parcel 1- A parcel of land in the Southwest Quarter of the Southwest Quarter and the Southeast Quarter
of the Southwest Quarter and the Southwest Quarter of the Southeast Quarter and the Southeast Quarter
of the Southeast Quarter of Section 9, in Township 88 North, Range 13 West of the 5th P.M., Black
Hawk County, Iowa, as shown on the Acquisition Plat for Acquisition of Temporary Easement Exhibit
"A", attached hereto and by reference made part hereof:
Referring to the Southwest Corner of said Section 9; Thence North 00°31'43" West, 102.25 feet on the
West line of said Southwest Quarter of the Southwest Quarter; Thence North 89°28' 17" East, 67.00 feet
to the Point of Beginning; Thence North 00°31'43" West, 557.29 feet to the South line of a parcel of
land described in Book 573 Page 508 in the Black Hawk County Recorders Office; Thence North
89°04'05" East, 20.00 feet on said South line; Thence South 00°31'43" East, 522.36 feet; Thence North
89°15'30" East, 2034.69 feet; Thence North 00°44'30" West, 20.00 feet; Thence North 89°15'30" East,
300.00 feet; Thence South 00°44'30" East, 20.00 feet; Thence North 89°15'30" East, 220.08 feet to the
East line of the Southeast Quarter of the Southwest Quarter of said Section 9; Thence North 88°57'32"
East, 2596.72 feet to the West Right of Way line of Kimball Avenue; Thence South 00° 17'46" East,
15.00 feet on said West Right of Way line; Thence South 88°57'32" West, 217.13 feet; Thence South
84°40'10" West, 200.56 feet; Thence North 85°19'50" West, 201.00 feet; Thence South 88°57'32" West,
300.00 feet; Thence South 87°43'52" West, 700.16 feet; Thence South 89°00'11" West, 978.81 feet to the
East line of the Southeast Quarter of the Southwest Quarter of said Section 9; Thence continuing South
89°00'11" West, 170.79 feet; Thence North 85°01'52" West, 201.00 feet; Thence South 89° 15'30" West,
100.00 feet; Thence South 83°32'51" West, 100.50 feet; Thence South 89°15'30" West, 950.00 feet;
Thence South 83°32'51" West, 200.96 feet; Thence South 89°15'30" West, 150.16 feet; Thence North
88°49°58 West, 149.97 feet; Thence South 83°32°51 West, 50.21 feet; Thence South 89°15°30 West,
504.87 feet to the Point of Beginning; containing 2.87 acres more or less;
Note: The West line of the Southwest Quarter of Section 9, Township 88 North, Range 13 West of the
5th P.M., is assumed to bear North 00°3 P43" West
Parcel 2 - A parcel of land in the Northwest Quarter of the Northwest Quarter and the Northeast Quarter
of the Northwest Quarter and the Northwest Quarter of the Northeast Quarter of Section 16, in Township
88 North, Range 13 West of the 5th P.M., Black Hawk County, Iowa, as shown on the Acquisition Plat
for Acquisition of Temporary Easement Exhibit "A", attached hereto and by reference made part hereof:
Referring to the Northwest Corner of said Section 16; Thence North 89°15'30" East, 1007.17 feet on the
North line of said Northwest Quarter of the Northwest Quarter; Thence South 00°44'30" East, 33.00 feet
to the Point of Beginning; Thence North 89° 15'30" East, 364.99 feet; Thence South 86°44'15" East,
100.29 feet; Thence North 89° 15'30" East, 350.00 feet; Thence North 81°17'19" East, 50.51 feet; Thence
North 89015'30" East, 249.97 feet; Thence South 83°08'50" East, 151.34 feet; Thence North 89°15'30"
East, 50.00 feet; Thence North 81°39'49" East, 151.34 feet; Thence North 89°15'30" East, 49.97 feet;
Thence South 82°12'40" East, 101.13 feet; Thence North 88°57'55" East, 19.74 feet to the East line of the
Northeast Quarter of the Northwest Quarter of said Section 16; Thence continuing North 88°57'55" East,
930.70 feet; Thence North 87°02'58" East, 394.95 feet to the East line of the Northwest Quarter of the
Northeast Quarter of said Section 16; Thence South 00°12'37" East, 18.16 feet on said East line; Thence
South 89°00'06" West, 1325.22 feet to the East line of the Northeast Quarter of the Northwest Quarter of
said Section 16; Thence continuing South 89°00'06" West, 219.72 feet; Thence South 00°44'30" East,
20.00 feet; Thence South 89°15'30" West, 300.00 feet; Thence North 00°44'30" West, 20.00 feet; Thence
South 89°15'30" West, 1115.03 feet; Thence North 00°44'30" West, 20.00 feet to the Point of Beginning;
containing 0.90 acres more or Less;
Note: The North line of the Northwest Quarter of Section 16, Township 88 North, Range 13 West of the
5th P.M., is assumed to bear North 89°15'30" East.
Price per acre (fee interest) = $15,000.00
Fee acquisition
Permanent easement(s)
Temporary easement(s)
Tree replacement compensation
Structural acquisition (house, garage)
TOTAL
FXHIRIT "R"
Arrec
14.59
0.07
3.77
Priep
$218,850.00
1,050.00
7,068.75
60,000.00
120,000.00
$406,968.75