HomeMy WebLinkAboutBar Lee Farms Ltd-5/2/2011APR. 25.2011 2:16PM WATERLOO BLD INSP 319-291-4262 NO. 7'59 P. 2
CITV OF WATERLOO, IOWA
LEASE AGREEMENT
for
CITY -OWNED PROPERTY
This Agreement made and entered into this , day of 1i-`- , 2011, by end between the City
of Waterloo, Iowa (hereinafter referred to as "City°), and �R: (hereinafter referred to as
°Lessee").
1.The City agrees to allow the Lessee to use and occupy City property generally located at the northwest
comer of West Shaulls Road and Ansborough Avenue, and legally described in Exhibit "A" attached here to and
made a part here of by this reference.
2.The City agrees to allow the L ee to use and occupy the aforementioned City property for a term
commencing on the ,i --2'J' , day of 'l 2011, and terminating on the 39"1 day of December, 2011. The
Lessee agrees to pay the City $485.75 ($1 00 per acre) per year for use of the said 3.35 acre City owned
property during said term.
3.The City may terminate this agreement upon thirty (30) days' written notice if the City needs the use of
said City property for its own purposes. As the applicant is using the land for crop production, the City would
need to reimburse the lessee for any crops in production at the time of termination.
Lessee may terminate this Agreement upon thirty (30) days' written notice to the Waterloo
Community, Planning, and DevelopmentDepartment. The full amount of the payment is due, and no annual
amount would be refunded if termination were to occur within the lease period.
4. In consideration of the extension of this Agreement to the Lessee, Lessee hereby agrees to indemnify
and hold the City harmless for any and all liability, claims, actions, causes or action, and/or damages which may
arise or ellegedly arise out of Lessee's use of the aforementioned City property, either to the City's property, or to
any other person who may claim injury by and/or through, as a result of the alleged activity on City's property as
aforesaid. Lessee further agrees to indemnify and hold the City harmless for any and all damages or injury, which
may occur to Lessee's livestock as a result of the alleged activity on City's properly as aforesaid. Lessee further
aggress to indemnify and hold the City harmless for any and all damages or injury which may occur to Lessee's
livestock as a result or consequence of the use of the City property.
5.This agreement contains the entire Agreement between the parties. None of the covenants, provisions,
terms or conditions of this Agreement will be in any manner modified, waived, or abandoned, except by written
instrument duly signed by both parties and delivered to the City and the Lessee. This occupancy agreement and
the terms and conditions herein apply and are binding on the legal representative, and successors and assigns of
both parties.
ved
DAY OF eekkeet
J ,
2011
EXECUTED THIS
CITY OF WATERLOO
APPROVED BY:
Ernest G. Clark, Mayor
ATTEST: ; �? ,
Suzy\Scharer, City Clerk
LESSF9
BY: _ !j
Lee ,Miller, Bar Lee 1'arms
�
jetee _` .pro i ` � ,
CITY'S ACKNOWLEDGMENT
STATE OF IOWA, LA -t14- (--111-wV-- COUNTY, SS:
On this r day of , AD 2011, before me, the undersigned, a Notary Public
in and for said County, in said State, personally appeared
�� al. -4-k- and V1 to me personally known, who, before by me
duly sworn, did say that they are the MAYOR and CITY CLERK, respectively, of said City executing the within
and foregoing instrument to which this is attached, that the seal affixed thereto is the seal of said City; that said
instrument was signed and sealed on behalf of said City by authority of it's City Council; and that the said MAYOR
and CITY CLERK, acknowledged the execution of said instrument to be the voluntary act and deed of said City,
by it and by them voluntarily executed.
Rfotary Public in and for said Co
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