HomeMy WebLinkAboutMichael Cook-4/5/2010CITY OF WATERLOO, IOWA
LEASE AGREEMENT
for
CITY -OWNED PROPERTY
This Agreement made and entered into this day of L- , 2010, by and between the City
of Waterloo, Iowa (hereinafter referred to as "City"), and i(i/1vP,L eco 1--- (hereinafter referred to as
"Lessee").
1.The City agrees to allow the Lessee to use and occupy City property generally located between South
View Drive and Willow Street, north of Martin Luther King Jr. Drive, 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 Lessee to use and occupy the aforementioned City property for a term
commencing on the day of , 2010, and terminating on the 31st day of December 2010. The
Lessee agrees to pay the City $95 per acre for 9 acres, totaling $855 per year for use of said City 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 Development Department. 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 allegedly 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 property 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.
EXECUTED THIS ;AY OF
CITY OF WATERLOO
APPROVED BY:
ATTEST:
LESSEE
BY: it,
_Ernest G. Clark, Mayor / i'
Suzy Schares, City Clerk
CITY'S ACKNOWLEDGMENT
STATE OF IOW I4 i. ' i-}A.V4k- COUNTY, SS:
On this ssr- day of L. , AD 2010, before me, the undersigned, a Notary Public
in and for said Coupty, in said Ste, •ersonally appeared
S4- (f. (�' to � and IAS S Vlgly S to me personally known, who, before by me
duly swom, 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.
ry ublic in and for said Cou
ty
EXHIBIT "A"
LEGAL DESCRIPTION:
CITY VIEW HEIGHTS A PARCEL OF LAND LOC IN BLK 36 DESC AS FOL: BEG AT THE SE COR OF SAID
BLK 36 TH S 88 DEG 43 MIN 55 SEC W ON THE S LINE OF SAID BLK 36 A DIST OF 300 FT TO THE SW
COR OF SAID BLK 36 TH N 1 DEG 5 MIN 54 SEC W ON THEW LINE OF SAID BLK 36 A DIST OF 152.13 FT
TH N 74 DEG 2 MIN 18 SEC E A DIST OF 48.08 FT TH NELY ON A 2191.83 FT RADIUS CURVE CONCAVE
NWLY AND HAVING A 267.13 FT LONG CHORD BEARING N 70 DEG 32 MIN 41 SEC E A DIST OF 267.29 FT
(ARC LENGTH) TO THE E LINE OF SAID BLK 36 TH S 1 DEG 5 MIN 54 SEC E ON THE E LINE OF SAID BLK
36 A DIST OF 247.70 FT TO THE PT OF BEG
AND
CITY VIEW HEIGHTS A PARCEL OF LAND LOC IN BLKS 46, 47, 48, 49 & 50 DESC AS FOL: BEG SE COR OF
SAID BLK 48 TH S 88 DEG 43 MIN 55 SEC W ON THE S LINE OF SAID BLKS 48 AND 47 A DIST OF 617.79
FT TO THE SW COR OF SAID BLK 47 TH N 1 DEG 5 MIN 55 SEC W ON THE W LINE OF SAID BLK 47 A DIST
OF 289.27 FT TH NELY ON A 2206.83 FT RADIUS CURVE CONCAVE NWLY AND HAVING A 339.11 FT
LONG CHORD BEARING N 61 DEG 6 MIN 51 SEC E A DIST OF 339.44 FT (ARC LENGTH) TO THE E LINE
OF SAID BLK 46 TH N 36 DEG 45 MIN 49 SEC E A DIST OF 76.79 FT TH N 40 DEG 54 MIN 02 SEC E A DIST
OF 166.38 FT TH N 54 DEG 48 MIN 42 SEC E A DIST OF 194.28 FT TO THE E LINE OF SAID BLK 50 TH SE
ON THE E LINE OF SAID BLKS 50, 49 AND 48 A DIST OF 738.70 FT TO THE PT OF BEG
AND
CITY VIEW HEIGHTS N 145 FT BLK 34