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HomeMy WebLinkAboutKingu Properties, LLC - (RECORDED) Permanent Easement Agreement - 10.06.2025 2025-15321 RECORDED: 10/17/2025 03:46:15 PM RECORDING FEE:$32.00 REVENUE TAX:$ COMBINED FEE:$32.00 SANDIE L.SMITH,RECORDER BLACK HAWK COUNTY,IOWA •y 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 L, , 2025 by and between the City of Waterloo, Iowa ("Grantee") and Kingu Properties,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 Grantee, and Grantee 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 the easement plat attached hereto as Exhibit"B". 2. Purpose. The Premises is intended for installation, maintenance and replacement of underground electrical and a 6'x 6' fuse box. 3. Grantor Duties. Grantor shall allow Grantee 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 Grantee's use. 4. Grantee Duties. Following completion of Grantee's work in the Premises,Grantee shall restore the Premises to its condition prior to the commencement of construction work, including but not limited to reseeding any grassed areas disturbed by construction activities. Except as may be caused by the negligent acts or omissions of Grantor, its employees, agents or contractors,Grantor shall not be liable for any injury or damage to any person or property resulting from Grantee's exercise of the rights herein granted. To the extent permitted by applicable law, Grantee agrees to indemnify and hold Grantor, its employees, agents and contractors, harmless against any loss, damage, injury or any claim or lawsuit for loss, damage or injury arising out of or resulting from the negligent acts or omissions or willful misconduct of Grantee or its employees, agents or contractors. 5. Maintenance. Pursuant to City of Waterloo ordinances, Grantor shall be solely responsible for future sidewalk maintenance, repair and/or replacement and for snow removal upon the sidewalk in question. 6. 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. 7. 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 Permanent Easement Agreement by their duly authorized representatives as of the date first set forth above. IN WITNESS WHEREOF,the parties have executed this Permanent Easement Agreement by their duly authorized representatives as of the date first set forth above. KINGU PROPERTIES,LLC CITY OF WATERLOO, IOWA By: /4 f By: Quentin M. Hart, Mayor Title: Ou'vvtie Attest: Kelley Felch City Clerk STATE OF /h/u4 ) Att, ././4/dkj ss. COUNTY) A owledged before me on 9 //10 , 2025,by U,S as of Kingu Properties, LLC o + TIM ANDERA COMMISSION NO.772518 ()ikaryPubic * "--="'_* MY COMMISSION EXPIRES kw" APRIL 11,2027 2 STATE OF IOWA ) ) ss. BLACK HAWK COUNTY ) Acknowledged before me on D("�U '7 , 2025, by Quentin M. Hart and Kelley Felchle as Mayor and City Clerk, respectively, of the City of Waterloo, Iowa. o BRITNI ubl mm►m* MISSIO NOR845529 * _,_ IOWA COMMISSION EXPIRES JANUARY 27,2026 3 Exhibit"A" PART OF LOT 1 OF GARDEN PLACE,CITY OF WATERLOO,COUNTY OF BLACK HAWK,STATE OF IOWA,MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHWEST CORNER OF SAID LOT 1,THENCE SOUTH 89°36'17"EAST ALONG THE NORTHERLY LINE OF SAID LOT 1,A DISTANCE OF 5.00 FEET;THENCE SOUTH 00°25'23"WEST,93.71 FEET;THENCE SOUTH 89°27'31"EAST,5.00 FEET;THENCE SOUTH 00°25'23"WEST,10.00 FEET TO THE SOUTHERLY LINE OF SAID LOT 1;THENCE NORTH 89°27'31"WEST ALONG THE SOUTHERLY LINE OF SAID LOT 1,A DISTANCE OF 10.00 FEET TO THE SOUTHWESTERLY CORNER OF SAID LOT 1;THENCE NORTH 00°25'23"EAST ALONG THE WESTERLY LINE OF SAID LOT 1,A DISTANCE OF 103.70 FEET TO THE POINT OF BEGINNING. CONTAINING 225 SQUARE FEET. Exhibit "B" PERMANENT EASEMENT PLAT LA PORTE ROAD RECONSTRUCTION PROJECT HDP-8155(786)--71-07 WATERLOO, IOWA OWNER: KINGU HOLDINGS LLC COUNTY PARCEL: 891336476002 OWNER ADDRESS: 1322 CREEKSIDE CT PROJECT PARCEL : 209 WATERLOO, IA 50702 PROPERTY ADDRESS: 1419 LA PORTE RD WATERLOO, IA 50703 FND. REBAR/YC 589°36'17"E N'LY LINE POB 5.00' , PROJECT PARCEL 209 o GARDEN PLACE cc ' 1 W w M,_ Nib '--1 M,- r N N" N��' tn� C1 L.V �'�'�• °IM O NM 01 0 ° 2, 0 0l C 01 r' Li a. z; 1 PERMANENT EASEMENT / S89°27'31"E CONTAINS 569 SF 5.00' W'LY LINE , 75'LY LINE , , S00°25'23"W (200') 10.00' N89°27'31"W 10.00' LOCKE AVENUE (60') NN, LEGEND: • PARCEL OR LOT CORNER MONUMENT FOUND III S 23°45'25" E 59.58' MEASURED DIMENSION (59.6') RECORD DIMENSION SCALE IN FEET 0 40 80 REFERENCE DOCUMENT 2024-24876 4ECOM 1°=40' SHEET 1 OF 2 Exhibit "B" Continued PERMANENT EASEMENT PLAT LA PORTE ROAD RECONSTRUCTION PROJECT HDP-8155(786)--71-07 WATERLOO, IOWA OWNER: KINGU HOLDINGS LLC COUNTY PARCEL: 891336476002 OWNER ADDRESS: PROJECT PARCEL: 209 1322 CREEKSIDE CT WATERLOO,IA 50702 PROPERTY ADDRESS: 1419 LA PORTE RD WATERLOO,IA 50703 DESCRIPTION:PERMANENT EASEMENT PARCEL 209 PART OF LOT 1 OF GARDEN PLACE,CITY OF WATERLOO,COUNTY OF BLACK HAWK,STATE OF IOWA,MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHWEST CORNER OF SAID LOT 1,THENCE SOUTH 89°36'17"EAST ALONG THE NORTHERLY LINE OF SAID LOT 1,A DISTANCE OF 5.00 FEET;THENCE SOUTH 00°25'23"WEST,93.71 FEET;THENCE SOUTH 89°27'31"EAST,5.00 FEET;THENCE SOUTH 00°25'23"WEST,10.00 FEET TO THE SOUTHERLY LINE OF SAID LOT 1;THENCE NORTH 89°27'31" WEST ALONG THE SOUTHERLY LINE OF SAID LOT 1,A DISTANCE OF 10.00 FEET TO THE SOUTHWESTERLY CORNER OF SAID LOT 1;THENCE NORTH 00°25'23"EAST ALONG THE WESTERLY LINE OF SAID LOT 1,A DISTANCE OF 103.70 FEET TO THE POINT OF BEGINNING. CONTAINING 225 SQUARE FEET. A COM SHEET 2 OF 2 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 cl , 2025 by and between the City of Waterloo, Iowa ("Grantee") and Kingu Properties,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 Grantee, and Grantee 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 the easement plat attached hereto as Exhibit"B". 2. Purpose. The Premises is intended for installation, maintenance and replacement of underground electrical and a 6'x 6' fuse box. 3. Grantor Duties. Grantor shall allow Grantee 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 Grantee's use. 4. Grantee Duties. Following completion of Grantee's work in the Premises,Grantee shall restore the Premises to its condition prior to the commencement of construction work, including but not limited to reseeding any grassed areas disturbed by construction activities. Except as may be caused by the negligent acts or omissions of Grantor, its employees, agents or contractors,Grantor shall not be liable for any injury or damage to any person or property resulting from Grantee's exercise of the rights herein granted. To the extent permitted by applicable law, Grantee agrees to indemnify and hold Grantor, its employees, agents and contractors, harmless against any loss, damage, injury or any claim or lawsuit for loss, damage or injury arising out of or resulting from the negligent acts or omissions or willful misconduct of Grantee or its employees, agents or contractors. 5. Maintenance. Pursuant to City of Waterloo ordinances, Grantor shall be solely responsible for future sidewalk maintenance,repair and/or replacement and for snow removal upon the sidewalk in question. 6. 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. 7. 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 Permanent Easement Agreement by their duly authorized representatives as of the date first set forth above. IN WITNESS WHEREOF,the parties have executed this Permanent Easement Agreement by their duly authorized representatives as of the date first set forth above. KINGU PROPERTIES, LLC CITY OF WATERLOO, IOWA By: `` By: Quentin M. Hart, Mayor Title: Ot,tiv.v Attest: Kelley Felch City Clerk STATE OF /t4Jfr l ) ss. „� �� COUNTY) Acknowledged before me on q `� , 2025, by 1/ '5 /'ep /c as 044144k...- of Kingu Properties, LLC TIM ANDERA z „_ COMMISSION NO.772518 o ary Public * ' * MY COMMISSION EXPIRES rgwi, APRIL 11,2027 2 STATE OF IOWA ) ) ss. BLACK HAWK COUNTY ) '7 Acknowledged before me on Oth , 2025, by Quentin M. Hart and Kelley Felchle as Mayor and City Clerk, respectively, of the City of Waterloo, Iowa. �pHIA(s ubl OMMISSIO NRKINS Iowa'* ��'�MMISSION EXp RES JANUARY 27,2026 3 Exhibit"A" PART OF LOT 1 OF GARDEN PLACE, CITY OF WATERLOO, COUNTY OF BLACK HAWK, STATE OF IOWA, MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHWEST CORNER OF SAID LOT 1, THENCE SOUTH 89°36'17" EAST ALONG THE NORTHERLY LINE OF SAID LOT 1, A DISTANCE OF 5.00 FEET; THENCE SOUTH 00°25'23"WEST, 93.71 FEET; THENCE SOUTH 89°27'31" EAST, 5.00 FEET; THENCE SOUTH 00°25'23"WEST, 10.00 FEET TO THE SOUTHERLY LINE OF SAID LOT 1; THENCE NORTH 89°27'31"WEST ALONG THE SOUTHERLY LINE OF SAID LOT 1, A DISTANCE OF 10.00 FEET TO THE SOUTHWESTERLY CORNER OF SAID LOT 1; THENCE NORTH 00°25'23" EAST ALONG THE WESTERLY LINE OF SAID LOT 1, A DISTANCE OF 103.70 FEET TO THE POINT OF BEGINNING. CONTAINING 225 SQUARE FEET. Exhibit "B" PERMANENT EASEMENT PLAT LA PORTE ROAD RECONSTRUCTION PROJECT HDP-8155(786)--71-07 WATERLOO, IOWA OWNER: KINGU HOLDINGS LLC COUNTY PARCEL: 891336476002 OWNER ADDRESS: 1322 CREEKSIDE CT PROJECT PARCEL: 209 WATERLOO,IA 50702 PROPERTY ADDRESS: 1419 LA PORTE RD WATERLOO,IA 50703 FND.REBAR/YC 589°36'17"E N."- N'LY LINE POB E 5.00' PROJECT I GARDEN PLACE' ur NIti,PC,-^ Vfir Vlih . Nir1O OOP LI 2 J ,, PERMANENT EASEMENT S89°27'31"E CONTAINS 569 SF 5.00' W'LY LINE �S'LY LINE 500°25'23"W (200') 10.00' N89°27'31"W 10.00' LOCKE AVENUE (60') N LEGEND: • PARCEL OR LOT CORNER MONUMENT FOUND S 23°45'25"E 59.58' MEASURED DIMENSION (59.6') RECORD DIMENSION SCALE IN FEET 0 40 80 REFERENCE DOCUMENT 2024-24876 -�= A=COM 1"=40' SHEET 1 OF 2 Exhibit "B" Continued PERMANENT EASEMENT PLAT LA PORTE ROAD RECONSTRUCTION PROJECT HDP-8155(786)--71-07 WATERLOO, IOWA OWNER: KINGU HOLDINGS LLC COUNTY PARCEL: 891336476002 OWNER ADDRESS: PROJECT PARCEL: 209 1322 CREEKSIDE CT WATERLOO,IA 50702 PROPERTY ADDRESS: 1419 LA PORTE RD WATERLOO,IA 50703 DESCRIPTION:PERMANENT EASEMENT PARCEL 209 PART OF LOT 1 OF GARDEN PLACE,CITY OF WATERLOO,COUNTY OF BLACK HAWK,STATE OF IOWA,MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHWEST CORNER OF SAID LOT 1,THENCE SOUTH 89°36'17"EAST ALONG THE NORTHERLY LINE OF SAID LOT 1,A DISTANCE OF 5.00 FEET;THENCE SOUTH 00°25'23"WEST,93.71 FEET;THENCE SOUTH 89°27'31"EAST,5.00 FEET;THENCE SOUTH 00°25'23"WEST,10.00 FEET TO THE SOUTHERLY LINE OF SAID LOT 1;THENCE NORTH 89°27'31" WEST ALONG THE SOUTHERLY LINE OF SAID LOT 1,A DISTANCE OF 10.00 FEET TO THE SOUTHWESTERLY CORNER OF SAID LOT 1;THENCE NORTH 00°25'23"EAST ALONG THE WESTERLY LINE OF SAID LOT 1,A DISTANCE OF 103.70 FEET TO THE POINT OF BEGINNING. CONTAINING 225 SQUARE FEET. A=COM SHEET 2 OF 2