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HomeMy WebLinkAboutHy-Vee temporary construction easement - 10/8/2018 Please return this copy to: City Clerk&Finance Dept. 715 Mulberry St. Waterloo,IA 50703 TEMPORARY CONSTRUCTION EASEMENT AGREEMENT THIS TEMPORARY CONSTRUCTION EASEMENT AGREEMENT ("Agreement") is entered into this October 8, 2018, by and between HY-VEE, INC., an Iowa corporation (f/k/a Hy- Vee Food Stores, Inc.) ("Grantor"), and CITY OF WATERLOO, IOWA, an Iowa municipal corporation ("Grantee"), WITNESSETH: WHEREAS, Grantee desires to obtain a temporary easement from Grantor, for the purpose of reconstruction and related improvements to University Avenue and abutting right of way that are adjacent to Grantor's property at 4000 University Avenue, Waterloo, Iowa, ingress and egress related to said project, and the repair and reconstruction of a portion of Grantor's access point and right of way frontage at Grantor's property (the "Easement Purpose"); and WHEREAS, Grantor has agreed to grant a temporary construction easement to Grantee upon approximately 4,890 sq. ft. of Grantor's property in the area visually depicted on Exhibit "A" attached hereto and incorporated herein by this reference (the "Easement Area"); and WHEREAS, Grantor desires to grant a temporary easement over the Easement Area as set forth herein. NOW, THEREFORE, in consideration of $997.56 to be paid by Grantee to Grantor promptly following the full execution of this Agreement, the work to be done by Grantee upon the Easement Area, and for other good and valuable consideration, the sufficiency of which are hereby acknowledged, the parties agree as follows: 1. The recitals are incorporated herein by this reference. 2. Subject to the terms set forth in this Agreement, Grantor hereby grants to Grantee, its agents, representatives, and contractors, a temporary construction easement over the Easement Area for the Easement Purpose, as defined herein. This easement shall automatically terminate on the earlier to occur of (a) the completion of the Easement Purpose, as defined herein, and the restoration of Grantor's property to its condition prior to the commencement of construction, or (b) December 31, 2021 ("Expiration Date"). 3. Subject to terms of this Agreement, Grantor shall not interfere or disturb Grantee's construction in furtherance of the Easement Purpose within the Easement Area without written approval of the Grantee or its authorized Representatives. 4. Grantee shall develop plans and specifications (the "Plans") for the access point connecting Grantor's property to University Avenue, which shall be as generally depicted on Exhibit "A." Grantor shall review the Plans received from Grantee and shall promptly provide any comments thereon. Grantor shall not unreasonably withhold, condition or delay its consent to the Plans. Once construction upon the access point has commenced, Grantee must complete construction of the same promptly, and in any event within three months following closure of the access point. Notwithstanding the foregoing, at all times while Grantor's access point on University Avenue is closed for construction, Grantee must ensure that (a) Grantor's access point 1 on Progress Drive, and (b) the intersection of University Ave. and Progress Drive, must both remain open for full access without restrictions. 5. Except as may be caused by the negligent or intentional acts or omissions of Grantor, its employees, agents or its representatives, Grantor shall not be liable for any injury or damage to any person or property resulting from Grantee's exercise of the rights herein granted. Grantee agrees to indemnify and hold Grantor, its employees, agents and representatives harmless against any loss, damage, injury or any claim or lawsuit for loss, damage or injury arising out of or resulting from the negligent or intentional acts or omissions of Grantee or its employees, agents, contractors and/or representatives. 6. Following completion of Grantee's work in the Easement Area, Grantee shall restore the Easement Area substantially to its condition prior to the commencement of construction work. 7. This Agreement shall not be recorded by Grantee. 8. Words and phrases shall be construed as in the singular or plural number, and as masculine, feminine or neuter gender according to the definitions and the context. 9. This Agreement shall be binding upon, and inure to the benefit of, the parties hereto and their respective heirs, successors and assigns. 10. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which taken together shall constitute one and the same agreement. For purposes of executing this Agreement, a facsimile signature shall be as effective as an actual signature. 11. This Agreement shall be construed and enforced in accordance with the laws and public policies of the State of Iowa. [SIGNATURES ON FOLLOWING PAGES] 2 IN WITNESS WHEREOF, Grantor and Grantee have executed this Agreement on the date first above written. GRANTOR: HY-VEE, INC., an Iowa corporation By: tresid�,,t rey M rkey, Sr. Vice By: Nathan Allen, Assistant Secretary Signature Date: 10j`2.c jZyj b GRANTEE: CITY OF WATERLOO, IOWA By: A 0 Quentin Hart, Mayor By: I / elley Felc , City Clerk Signature Date: 3 EXHIBIT "A" Visual Depiction of Easement Area 4'S y. j *?Y VfE €604 STORES INC �$ w • TE4P{iFtAPrY, EASE)kNT v. x a Ar UNIVERSITY AVE. w� a LEGEND " RIG47-OF-WAY lR1r_'S at. RE?Tu.EASE)JEN7 L IWS TEW.EASEVEN'. LINES a .: PARC.€l -'—1 ?EWAMENT ACCOUISJION Y 107 PERK UTILITY €AS£IENT '� .. : r. 'HAS_ IEuPUFtARY EASEMENT 2Figure 8 AZCOM Temporary Easement HY VEE FOOD STORES INC University Avenue Reconstruction towo Division -Walwioa,Iowa 4