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HomeMy WebLinkAboutMcDonalds USA - Permanent Easemet Agmnt - 9.16.2024 Prepared by Tim Andera,City of Waterloo,715 Mulberry Street,Waterloo,IA 50703 Phone(319)291-4366 PERMANENT EASEMENT AGREEMENT This Permanent Easement Agreement (the "Agreement") is entered into as of }` • 1 t i 2az4 , by and between the City of Waterloo, Iowa ("City") and McDonald's USA, LLC, successor by merger to Archland Property I,LLC ("Grantor"). 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 City, and City does hereby accept, for the purposes stated herein, a permanent easement (the "Easement") in, to, upon, over, across, and beneath the real estate(the"Premises") legally described as set forth on Exhibit"A"attached hereto and by this reference made a part hereof, as depicted on a plat for permanent easements for roadway maintenance attached hereto as Exhibit "B" (the "Easement Area"). Grantor acknowledges and agrees that the general public will benefit from the Easement. 2. Purpose. The Easement is intended to allow roadway maintenance on the private property of Grantor. 3. Grantor Duties. Grantor shall allow City access to the Premises, "as is, where is", without any representation or warranty as to the condition of the Premises. Grantor shall have no duty to prepare the Premises in any way for City's use. 4. Grantee's Duties. Grantee shall not block access to the Premises or adversely affect the business and operation on the Premises, including without limitation, its drive-thru operation. Grantee shall confer with Grantor in advance of any work that would be anticipated to block public access to the Buckhart Street entrance, and the parties will work in good faith to develop a mutually acceptable work plan to minimize such blockage. Grantee shall separate the Easement Area by cones or other appropriate construction safety barrier. Grantee shall not park on or store any construction vehicles, equipment or material overnight in the Easement Area or on Grantor's Property, unless agreed to in writing by Grantor. 5. Authority. The persons executing this Agreement represent and warrant that they are duly authorized to execute and deliver this Agreement and to bind to the provisions hereof the party on whose behalf they are signing. 6. Miscellaneous Provisions. This Agreement is binding upon and shall inure to the benefit of the parties and their respective successors and assigns. 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. This Agreement may be executed in counterparts. References in the singular number include the plural, and vice versa. IN WITNESS WHEREOF, the parties have executed this Easement Agreement by their duly authorized representatives as of the date first set forth above. CITY OF WATERLOO, IOWA McDONALD'S USA, LLC S By: 1 �p � c� / By: / f%� 2'-l�-c_ Quentin Hart, Mayor Signatory for Grantor] Attest: Kelley Felch , City Clerk STATE OF ILLINOIS ) ) ss. COOK COUNTY ) Acknowledged before me on�� A 20,2/1 , by &/lie e5 as,�f)i ry(&)LIfisel. 1 OFFICIAL SEAL I . %,:„ga. I TAMARA I_SAUNAS I Notary Public I NOTARY PUBLIC,STATE OF ILLINOIS I n My Commission Expires 4I4/27 i STATE OF IOWA ) ) ss. BLACK HAWK COUNTY ) Acknowledged before me on 'b �� , by Quentin Hart and Kelley Felchle as Mayor and City Clerk, respectively, of of t� of Watefloo Iowa.City Aliftis �Pp1ACSt, BRITNI C PERKINS Not:^• .bl' Mk Y COMMISSION NO.845529 * * MY JANUARYI0 27I,2026RES IOWA 2 '• ay. �ir^.xet?R='eA�.,.4�6s+�i�M^ai311i..A,.�.77i...f I EXHIBIT "A" Legal Description South 5 feet of Lot 3,Logan Plaza First Addition, Waterloo, Black Hawk County, Iowa EXHIBIT"B" Plat for Easement See attached. ROADWAY MAINTENANCE EASEMENT Exhibit "B" THE SOUTH 5 FEET OF LOT 3, LOGAN PLAZA FIRST ADDITION, WATERLOO, BLACK HAWK COUNTY, IOWA ,11 TOO 0' 20' 40' 1 i I \ l 4,. \!..J:1 - - - - - --) -� _ — . 11 i M " - 0 >_ 1 ._. --- _l to o _ o � p� 5 S�PO�a. U � Z P FAR a W ,2\- > \,6,\\ J Z \ I Q ll J/ V O 0 J ROADWAY MAINTENANCE EASEMENT SOUTH LINE OF LOT 3 :_______fl1 ( y �"- -� il i -1 __) BUCKHART STREET s<; \ • PROPOSED IMPROVEMENTS