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Home My WebLink AboutDoug Bruns-Lease Agreement-03.09.2009 • CITY OF WATERLOO, IOWA LEASE AGREEMENT for CITY-OWNED PROPERTY This Lease Agreement (the "Agreement") is made and entered into this 7 day of_ , 2009, by and between the City of Waterloo, Iowa (hereinafter referred to as "City"), and M,LU& 31 u .,5 (hereinafter referred to as "Lessee"). 1. The City agrees to allow the Lessee to use and occupy City property (the "Property") located on the Southwest corner of Kimball Avenue and U.S. Highway 20, and legally described in Exhibit "A", attached hereto and made a part hereof by this reference. Lessee shall use the Property only for growing hay and pasturage of livestock, and shall not grow crops, cultivate the land, or use the Property for any other purpose whatsoever. 2. The City agrees to allow Lessee to use and occupy the Property for a term commencing on the day of , 2009, and terminating on the 31st day of December , 2011. The Lessee agrees to pay the City $300.00 on or before March 1 of each year during the term of this Agreement. Any payment made is non- refundable in the event this Agreement is terminated by either party pursuant to Section 3 below. 3. The City may terminate this Agreement, as to any part or all of the Property, upon thirty (30) days' written notice if the City needs the use of the Property for its own purposes. Lessee may terminate this Agreement, in whole but not in part, upon thirty (30) days' written notice to the Waterloo Community Planning, and Development Department. 4. Lessee agrees to maintain the Property including all fenced areas. This will include reseeding and fertilizing when necessary. Lessee agrees to maintain the Property as a grass area only with any reseeding to be done with bluegrass grass seed only. Further, Lessee agrees that if flooding occurs, the livestock will be removed to another location until the land has dried and recovered sufficiently to allow grazing and pasturing again. 5. Lessee will assume full responsibility for any and all livestock escaping and agrees to assume liability for any damage caused to the livestock being at large or any injury or death of livestock while at large. 6. Lessee agrees to post adequate signs to keep hunters and trespassers off the Property, and Lessee shall not hunt nor permit any other person to hunt on the Property. Lessee will be solely responsible for keeping trespassers off the Property. 7. 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, demands, actions, causes of action, and/or damages whatsoever to any person or property which may arise out of or are in any way connected with Lessee's use of the Property in any manner, whether directly or indirectly, and shall further indemnify the City for any damage to the Property caused by Lessee, its employees or agents. 8. Lessee shall, at its own expense, procure and maintain comprehensive public liability insurance in the amount of not less than $1,000,000 per occurrence. Such insurance shall cover liability arising from the acts or omissions of Lessee, its employees and agents, and shall protect the City against such claims, damages, costs or expenses on account of injury to any person or persons, or to the property of same, by reason of such casualty, accident or other occurrence on or about the Property during the term of this Agreement. Certificates or copies of said policies, naming the City as an additional insured, and providing for thirty (30) days' advance notice to the City before cancellation, shall be delivered to City no later March 1, 2009. A renewal certificate shall be provided to the City prior to expiration of any policy. 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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. This Agreement is binding upon and shall inure to the benefit of the parties and their respective heirs, personal representatives, successors and assigns. IN WITNESS WHEREOF, the parties have executed this Lease Agreement by their duly authorized representatives as of the date first set forth above. CITY OF WATERLOO LESSEE: BY: � By: 6.1a4,4 Mayor 6 ATTEST: G� By: /967 /6 i' f/r5 City Clerk CITY'S ACKNOWLEDGMENT: STA Lb OF IOWA, BLACK HAWK COUNTY,SS: On this day of f'A 224 , 2009, before me, the undersigned, a Notary Public in and for said County, in said State, personally appeared Ipri �c and 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 its 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. „,"' • TIM ANDERA ° • COMMISSION NO.757031 i MY COMMISSION EXPIRES Notary ublic •o w► FEBRUARY 18,2012 LESSEE'S ACKNOWLEDGMENT STATE,OF IOWA, BLACK HAWK COUNTY,SS: Acknowledged be ore me on, i O., 9, by „ --4�1,(yy )\11 Oki.Z-UI,t, as C , C of +` __1 r. otar Public 3 _ ._ - A .- �.