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HomeMy WebLinkAboutM.T. Co., LLC - Easement Agmnt - 8/12/2019Prepared by Christopher S. Wendland, P.O. Box 596, Waterloo, IA 50704. Phone (319) 234-5701 After recording, return to City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, Attn: Noel Anderson. EASEMENT AGREEMENT This Easement Agreement (the "Agreement") is entered into as of kitAu, f 1 % 4' 1 `1 by and between M.T. Co. LLC ("Grantor"), and the City of Waterloo, Iowa ("Grantee"). 1. Grant of Easement. In consideration of the mutual promises and covenants contained herein, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Grantor does hereby grant and convey unto Grantee, and Grantee does hereby accept, a permanent easement (the "Easement") in, to, upon, over, beneath and across the Westerly sixty (60) feet (the "Easement Area") of the real estate legally described as set forth on Exhibit "A" attached hereto (the "Premises"). 2. Purpose. Grantee, its officers, employees, contractors, and agents, shall have reasonable rights of ingress and egress for pedestrians and vehicles over, across, and upon the Premises for purposes of constructing, installing, operating, inspecting, repairing, maintaining, replacing, upgrading, and removing pipes, conduit, infrastructure, and other facilities for sanitary sewer, storm sewer, water, and utilities services provided by any public or private company or agency. Grantee shall have the right, but not the obligation, to trim and/or remove bushes, trees, and other vegetation from the Easement Area. The parties agree that the Easement Area may in the future be used as access for a fire lane in the event of future expansion of facilities at Grantor's Premises. 3. Miscellaneous Provisions. This Agreement shall run with the land and is binding upon and shall inure to the benefit of the parties and their respective successors, assigns and transferees. References in the singular number include the plural, and vice versa. This Agreement is the entire agreement between the parties pertaining to the subject matter hereof and supersedes all prior understandings or agreements relating to the subject matter hereof, whether oral or written, and this Agreement may not be modified except by the mutual written agreement of both parties. IN WITNESS WHEREOF, the parties have executed this Easement Agreement by their duly authorized representatives as of the date first set forth above. EXHIBIT "A" Legal Description — Premises Subject to Easement The Westerly 60 feet of that part of the East half of the Southwest Quarter of Section No. 5, Township No. 89 North, Range No. 13 West of the 5th P.M. in the City of Waterloo, Black Hawk County, Iowa, lying Southerly of the Southerly line of the Illinois Central Railroad Company right of way, except the West 270 feet in even width thereof. M.T. CO., LLC STATE OF IOWA ) ss BLACK HAWK COUNTY ) • Acknowledged before me on Manager of M.T. Co., LLC. EMILY C JONES Notarial Seal - Iowa Commission Number 813348 My Commission Expires Oct 19, 2021 CITY OF WATERLOO, IOWA By: ..-1. ;VW - Quentin ►`W Quentin M. Hart, Mayor Attest: Kelley Fe1chS , City Clerk ((va'I A a(n, by e,34 r i Carel C No Public A4.174) as STATE OF IOWA ) ) ss. BLACK HAWK COUNTY ) J / Acknowledged before me on �` l 19 ,by Quentin M. Hart and Kelley Felchle as Mayor and City Clerk, respectively, of the City of Waterloo, Iowa. NANCY HIGBY COMMISSION NO.788229 MY CO MISSION EXPIRES Notary Pu lc 2