HomeMy WebLinkAboutLease Agreement City Owned Property - 1/17/2006 /-/7- 0 C.
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CITY OF WATERLOO, IOWA
LEASE AGREEMENT
for
CITY-OWNED PROPERTY
This Agreement made and entered into thisi"�7 day of2006, by
and between the City of Waterloo, Iowa (herein6fter referre to as "City"), and
(hereinafter referred to as "Lessee").
1. The City agrees to allow the Lessee to use and occupy City property generally
located adjacent to Ridgeway Avenue and martin Road, and legally described in Exhibit "A',
attached hereto and made a part hereof by this reference.
2. The City agrees to allow Lessee to use and occupy the aforementioned City
property for a term commencing on the 1St day of February , 2006, and terminating
on the 1St day of January 2007. The Lessee agrees to pay the City
$3,410.00 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 of 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 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 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 of 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 �h DAY OF 2006.
CITY OF WATERLOO LESSEE:
APPROVED BY: -- By:
Mayor
ATTEST:`
C� Clerk
CITY'S ACKNOWLEDGMENT:
STATE OF IOWA COUNTY, SS:
On this day of AD 2006, before me, the
and rsi ned, a Notary Public in an for said unty, in said State, personally appeared
and �{�pa,Lc�y Soar-�
to me pers nally known, who, before b 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 a40tPublic
in and for said Co ty
EXHIBIT "A"
LEGAL DESCRIPTION:
SE SE EXC E 330 FT SEC 32 T 89 R 13 EXC RD AND EXC THAT PART PLATTED AS BROCK
ADDITION LOT 1 2004-033271
AND
PART NE SE SEC 32 T 89 R 13 BEG AT SW COR OF NE SE SAID SEC TH E 990 FT TH N 675
FT PAR E LINE NE SE SAID SEC TH SW TO PT OF BEG
AND
PART SE 1/4 SEC 32 T 89 R 13 BEG AT A PT 420 FT S OF NE COR OF THE NE SE SAID SEC
TH S TO SE COR SAID SEC TH W 330 FT TH N 1995 FT TH NE TO PT OF BEG EXC COM AT
PT ON E LINE SEC 32 WHICH IS 1180.5 FT N OF SE COR SAID SEC TH W 200 FT TH N 200
FT TH E 200 FT TH S 200 FT TO BEG & EXC STS AND EXC THAT PART TO CITY OF
WATERLOO AS DESC IN LD B 569 P 603 & EXC THAT PART TO CITY OF WATERLOO AS
DESC IN LD B 570 P 436 & EXC THAT PART PLATTED AS LOT 1 BROCK ADDITION 2004-
033271
Rousselow,lease2006/10-Jan-06