HomeMy WebLinkAboutRouselow Bros. Farms-Lease Agreement-2007-468 CITY OF WATERLOO, IOWA
LEASE AGREEMENT
for
CITY-OWNED PROPERTY
This Agreement made and entered into this I5'r day of -TINE , 2007, by and between the City
of Waterloo, Iowa (hereinafter referred to as "City"), and ot.4-�z4-013 3r-c.S . t=7h-e1,5- (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 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 , 2007, and terminating on the day of
, 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 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 1 DAY OF N\uNC ' , 2007
CITY OF WATERLOO SS E
APPROVED BY: L___ ?� B :
(Mayor) /3 /
1,-ea. /Lim“-
ATTEST: C—
(C. Clerk)
CITY'S ACKNOWLEDGMENT
STATE OF IOWA, �� .k COUNTY, SS:
On this tom day of uf. AD 2007, before me, the undersigned, a Notary Public
in and for said County, in said S ate, ersonally appeared
Yv\TA--Ekr and ekseft to me personally known, who, before by me
duly sworn, did y that they are the YOR 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.
r
N tary Public in and for s i unty
Na dg
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 1996 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
• A