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HomeMy WebLinkAboutInternational_Paper_Company_-_Early_Access_Agreement_9.2.2025Docusign Envelope ID: A2154141-201C-404C-ACD2-589D3DFB784C EARLY ACCESS AGREEMENT This Early Access Agreement (the "Agreement") is entered into as of September 2 , 2025, by and between the City of Waterloo, Iowa ("City") and International Paper Company (the "Company"). WHEREAS, City and Company are parties to a development agreement concerning a project to be undertaken by Company on certain real property known as Parcel B, Parcel C and Parcel F depicted in attached Exhibit "A" (the "Property"), located in the East Waterloo Unified Urban Renewal and Redevelopment Plan Area; and WHEREAS, the parties desire that Company have access to the Property to begin certain activities before the Property is conveyed to Company, and no building activities shall occur upon the Property pending Federal Aviation Administration property release approval. NOW, THEREFORE, in consideration of the future transactions contemplated by the parties as described above, and in consideration of the mutual promises exchanged herein, the parties agree as follows: 1. City hereby grants to Company the right to enter upon the Property to begin cross city owned property to transport excess fill to the property at 4050 Leversee Road. The term of this Agreement shall be from the date hereof until the date that City delivers a deed to Company for the Property pursuant to a development agreement. Company's right to conduct its activities upon the Property is expressly made subject to prior receipt of applicable zoning, building, and other regulatory approvals. 2. Company 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 Company, its employees, contractors and agents, and shall protect the City, its officers, officials, employees, and agents, against any and all claims, damages, costs or expenses (including but not limited to reasonable attorneys' fees and expenses) arising from or in connection with injury or death to any person or persons, or loss of or damage to property, by reason of any 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, shall be delivered to City before Company, its employees, contractors, or agents, enter upon the Property for any purpose. 3. Company agrees to be responsible for any liability which may arise out of the acts or omissions of Company, its employees, agents and contractors, on or about the Property, and in said connection Company agrees to indemnify and hold harmless City, its officials, officers, employees and agents, from and against any and all claims, demands, actions, causes of action, damages, costs, fines, penalties, and liabilities of any type or nature whatsoever, including but not limited to reasonable attorneys' fees, arising out of said acts or omissions, whether sounding in law or equity, in tort or contract, by statute, or otherwise. The duties of Company under this paragraph shall survive the expiration or termination of this Agreement. 4. If for any reason the contemplated sale and purchase of the Property between the parties is canceled or otherwise does not occur, then at its sole expense Company shall promptly remove from the Property all of its personal property and materials or debris that it has deposited 1 Docusign Envelope ID: A2154141-201C-404C-ACD2-589D3DFB784C on the Property during the term hereof and restore, as nearly as possible, the condition of the Property to that which existed upon Company's initial entry upon the Property hereunder, except as otherwise permitted by express written consent of City. 5. Notwithstanding this Agreement, the parties agree to work cooperatively in good faith to finalize the terms of a development agreement in respect of the Property as expeditiously as possible. 6. The rights and duties of Company under this Agreement may not be assigned without the prior written consent of City. This Agreement is the entire agreement of the parties concerning the subject matter hereof. It may not be modified or amended without the prior written consent of the parties. This Agreement is binding on the parties and the respective successors and assigns of each. This Agreement may be executed in multiple counterparts, each of which, including signed counterparts transmitted by facsimile or other electronic means, shall be deemed an original and all of which together shall constitute one instrument. IN WITNESS WHEREOF, the parties hereto have executed this Early Access Agreement by their duly authorized representatives as of the date first set forth above. CITY OF WATERLOO, IOWA p-DocuSigned by: C .c, itiu tka 1L By: ‘--D05z4D,� 6` Quentin M. Hart, Mayor Signed by: Attest:C"4/*Fdde4 Kelley re c i` e., City Clerk 2 International Paper Company By: / � ��+% 8/20/2025 /� W. Neely M.'fry, IV, tor, Real Estate Docusign Envelope ID: A2154141-201C-404C-ACD2-589D3DFB784C Exhibit "A" c Description: Airport Release Parcel F A parcel of land located in the Southwest Quarter and Northwest Fractional Quarter of Section 5, Township 89 North, Range 13 West of the 5th Principal Meridian, City of Waterloo, Black Hawk County, State of Iowa, and being more particularly described as follows: Commencing at the southwest corner of said Section 5; thence North 00°36'49" East (North 00°36'39" East per Releases of Federal Encumbrances at the Waterloo, Iowa Regional Airport survey prepared by EarthTech dated January 26, 2006) along the west line of said section 795.25 feet; thence South 89°23'11" East (South 89°23'21" East per EarthTech survey) 33.00 feet to the intersection of the present northerly right-of-way line of the Canadian National Railroad and the east right-of-way line of Leversee Road and also being the southwest corner of Airport Release Parcel D per EarthTech survey; thence North 00°36'49" East (North 00°36'39" East per EarthTech survey) along the east right-of-way line Leversee Road 1189.64 feet to the northwest corner of said Release Parcel D and the point of beginning of this description; thence continuing North 00°36'49" East along the said east Leversee Road right-of-way 702.35 feet to the north line of the southwest quarter of Section 5; thence North 00°27'21" East along the east right-of-way line of Leversee Road 395.39 feet to the southwesterly line of Airport Release Parcel C; thence South 89°47'33" East (South 89°48'20" East per EarthTech survey) along said southwesterly line 208.35 feet; thence North 67°02'45" East (North 67°02'10" East per EarthTech survey) along the southeasterly line of Release Parcel C 2623.16 feet (2623.53 feet per EarthTech survey) to the southeast corner of said parcel; thence South 07°02'54" West along a line that is 684 feet northwesterly of and parallel with the centerline of runway 18/36 and its southwesterly extension 2172.16 feet to the northeast corner of said Release Parcel D; thence North 89°08'07" West (North 89°08'13" West per EarthTech survey) along the north line of Release Parcel D 2368.20 feet to the point of beginning containing 3,883,827 square feet or 89.16 acres. 0 0 NE 1/4 SEC. 32-90-13 N 1/4 CORNER, SEC. 32, T9ON, R13W, FD. REBAR IN PCC N 1/4 SE32-90-13 NW CORNER, — SEC. 32, T9ON, R13W, FD. REBAR IN PCC 1002' ti 0 (N 01°21'23" W) (660.17') N 01°21'29" W 2656.20' /SE 1/4 SEC. 32-90-13 1002' N 01°12'47" W 5294.75' 00 0 0 Survey Notes: 1. The Bearings shown on this survey are derived from GPS observations using the Iowa State Plane Coordinate System, North Zone, NAD 83 (2011). 2. Survey field work completed on November 16, 2023. 3. All dimensions are in US Survey feet and decimals thereof. 4. No monuments set at the corners of Release Parcel F. 5. Total area: 3,883,827 SF - 89.16 Acres SW 1/4: 1,777,359 SF - 40.80 Acres NW 1/4: 2,106,468 SF - 48.36 Acres N 1/4 CORNER, SEC. 5, T89N, R13W, FD. OPEN PIPE W/YELLOW ID CAP NO. 8505 PER DOC. #2006-15216 (S 01°13'03" E 1255.80') RELEASE PARCEL N 01'18'08" W 2295.81') (S 01°18'08" E 969.23') SW 1/4 SEC. 32-90-13 RELEASE PARCEL 'A" (S 89°02'43" W) (297.01') (N 01°23'12" W 1194.61') LEVERSEE RD W 1/4 CORNER, SEC. 32, T9ON, R13W, FD. SURVEY NAIL IN HMA PER DOC. #2023-08113 0 0) NON -AIRPORT PROPERTY (N 01°23'12" W) (132.00') WEST LINE SW 1/4, SEC 32, T9ON, R13W n. mo.')R" UV 2R83 48' l�r N 89°02'04" E 2648.21' v 0 z 0 0 0) 0 z F- 10 0 00 w z CC w x 00 0 0 z Lir 0 z 0 NE CORNER, SEC. 5, T89N, R13W, FD. BROKEN WPA CONC. MON. PER DOC. #2006-15216 Owner / Developer: City of Waterloo, IA Plat Legend: • Found Section Corner Monument Q Set Section Comer Monument (123.45') Record Measurement 123.45' Field Measurement POC Point of Commencement POB Point of Beginning Survey Requested By: Noel Anderson Economic Development Dir. 715 Mulberry Street, Waterloo, Iowa 50703 Phone: (319) 291-4366 FRL NE 1/4 SEC. 5-89-13 CENTERLINE RUNWAY 18/36 684' EAST LINE FRL N 1/4 SEC 5, T89N, R13W (S 0°20'29" W 1078.76') co in • o Q N N - ww Z • o v 00 0 0 w coco Z Z Z 0 0 Z FRL NW 1/4 SEC. 5-89-13 RELEASE PARCEL n^n (N 0°27'15" E) (208.77') (N 89°02'02" E) (202.77') (S 89°48'20" E) S 89°47'33" E 208.35' (N 0°27'15" E 1798.81') Surveyor: William Castle, PLS, PE City of Waterloo Engr. Dept. 715 Mulberry Street Waterloo, Iowa 50703 Phone (319) 291-4312 N 000210'41" E 5079.19' WEST LINE FRL NW 1/4, SEC 5, T89N, R13W NW CORNER, SEC. 5, T89N, R13W, 2" BRASS DISC IN PCC PER DOC. #2014-11413 N 0°27'21" E 2402.87' W 1/4 CORNER, y SEC. 5, T89N, R13W, 2" BRASS DISC IN PCC PER DOC. #2012-15415 I hereby certify that this surveying document was prepared and the related survey work was performed by me or under my direct personal supervision and that I am a duly licensed Land Surveyor under the laws of the State of Iowa. William W. Castle, PLS Date License Number 19715 My License Renewal Date is December 31, 2025. Pages or sheets covered by this seal : N 00°20'26" E 5083.98' S 07°02'54" W 2712.16' RELEASE PARCEL ►,F„ 89.16 ACRES N 00°27'21" E 395.39' N 00°36'49" E 702.35' 4 LEVERSEE RD 0 684' z .� 330 660 1320 Scale: 1 inch = 660 feet SE 1/4 SEC. 5-89-13 SE CORNER, SEC. 5, T89N, R13W, FD. NO.4 REBAR IN PCC PER MISC BK 344 PAGE 129 EAST LINE SW 1/4 SEC 5, T89N, R13W (S 07°02'11" W 1258.31') SW 1/4 SEC. 5-89-13 RELEASE PARCEL (N 00°36'39" E) N 00°36'49" E 1189.64' SOUTH LINE SE 1/4, SEC 5, T89N, R13W S 1/4 CORNER, SEC. 5, T89N, R13W, FD. NO.4 REBAR IN PCC PER MISC BK 344 PAGE 129 WEST LINE SW 1/4, SEC 5, T89N, R13W N 0°36'49" E 2686.48' POB PARCEL F (N 89°12'44" W 1535.05) CANADIAN NATIONAL RR f(N 0°36'39" E) O'36'49" E 795.25' SOUTH LINE SW 1/4, SEC 5, T89N, R13W (S 89°23'21" E) S 89°23'11" E 33.00' POC PARCEL F SW CORNER, SEC. 5, T89N, R13W, FD. NO.5 REBAR IN PCC PER DOC. #2015-07526 N 88°56'17" E 2662.73' N 88°56'27" E 2666.85'