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HomeMy WebLinkAboutMetro Investments Waterloo, LLC - Permanent Easement Agreement ($5,799) - 12.1.2025 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 t ece be? ( , 2025 by and between the City of Waterloo, Iowa ("Grantee") and Metro Investments Waterloo,LLC ("Grantor"). 1. Grant of Easement. In consideration of the mutual promises and covenants contained herein, and for other good and valuable consideration in the amount of$5,799.00, 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. 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. 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. METRO INVESTMENTSJi WAT OO,LLC CITY OF WATERLOO, IOWA ( By: Quentin M. Hart,Mayor Title: OW r,(f.� Attest: Kelley el le, C t erk STATE OF /0/44- ) ) ss. 9' c /140k5OUNTY) Acknowledged before me on (19,rt %8 ,2025, by 744„ —� as ,2),1,6E. of Metro Inves ents, L LTRçJ Notary Public STATE OF IOWA ) ss. BLACK HAWK COUNTY ) Acknowledged before me onleG , // , 2025, by Quentin M. Hart and Kelley Felchle as Mayor and City Clerk, respectively, of the City of Waterloo, Iowa. -.4 aJ lic „" , BRITNI C PERKINS its / 2 A 'L COMMISSION NO.845529 * * MY COMMISSION EXPIRES 2 _ IOWA JANUARY 27,2026 • 1 • . 1 __tom+ i(3 ;A IT .� —ti, , a6l'aS` . c3 3i1� rr�i;�km003 s I Y;a N. .. .. 5'` Vhy3q0Iiii^ p}{ry e( ppp cm p ` atppy / t G.1!31 9XE3 W)IL Gi :4OZJ)1f 14 7.',,4; $S05;.TS ThAl l+tAt. o EXHIBIT"A" Legal Description DESCRIPTION: PERMANENT EASEMENT PROJECT PARCEL 213 PART OF THE WEST 67.00 FEET OF THE EAST 100.00 FEET OF THE NORTH 5 ACRES OF THE SOUTH 10 ACRES OF THE NORTHWEST 1/4 OF THE SOUTHEAST 1/4 OF SECTION 36, TOWNSHIP 89 NORTH,RANGE 13 WEST OF THE 5TH P.M., CITY OF WATERLOO, COUNTY OF BLACK HAWK, STATE OF IOWA,MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTHEASTERLY CORNER OF LOT 2 OF SUNKIST ADDITION; THENCE NORTH 89°31'59" WEST(ASSUMED BEARING FOR THE PURPOSE OF THIS DESCRIPTION)ALONG THE NORTHERLY LINE OF SAID LOT 2, A DISTANCE OF 1.30 FEET TO THE POINT OF BEGINNING; THENCE CONTINUING NORTH 89°31'59" WEST ALONG THE NORTHERLY LINE OF SAID LOT 2,A DISTANCE OF 5.00 FEET; THENCE NORTH 00°41'10"WEST, 128.98 FEET;THENCE NORTH 89°47'46" WEST, 13.00 FEET; THENCE NORTH 00°41'10"WEST, 8.00 FEET TO THE SOUTHERLY RIGHT-OF-WAY LINE OF LORRAINE AVENUE;THENCE SOUTH 89°47'46"EAST ALONG THE SOUTHERLY RIGHT-OF-WAY LINE OF LORRAINE AVENUE, 18.00 FEET;THENCE SOUTH 00°41'10"EAST, 137.00 FEET TO THE POINT OF BEGINNING. CONTAINING 789 SQUARE FEET. 3 Exhibit "B" PERMANENT EASEMENT PLAT LA PORTE ROAD RECONSTRUCTION PROJECT HDP-8155(786)--71-07 WATERLOO, IOWA OWNER: METRO INVESTMENTS WATERLOO LLC COUNTY PARCEL: 891336408014 1326 LA PORTE RD WATERLOO,IA 50703 PROJECT PARCEL: 213 LORRAINE AVENUE(60') N89°31'59"W 589°40 40' - f 1.30' 18. S'LY R-O-W LINE N00°41'10"W 8.00' PERMANENT EASEMENT CONTAINS 789 SF SOO°41'10"E N89°47'46"W 137.00' 13.00' PROJECT \ PARCEL 213 N00°41'10"W PART OF THE W.67'OF THE E.100'OF 128.98' THE N.5 ACRES OF THE 5.10 ACRES OF THE NW.1/4 OF THE SE.1/4 OF SECT.36,T89N,R13W OF THE 5TH P.M. N'LY LINE POC N89°31'59"W 0 Q 5.00' N89°31'59"W 0 POB 1.30' Et W I- N SUNKIST 0 ADDITION 0- J M \ LEGEND: • PARCEL OR LOT CORNER MONUMENT FOUND S00°16'36.9"W 126.11' MEASURED DIMENSION (200') RECORD DIMENSION SCALE IN FEET 0 40 80 REFERENCE DOCUMENT 2016-016992 NM=III Il NIMENN 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: METRO INVESTMENTS WATERLOO LLC COUNTY PARCEL: 891336408014 1326 LA PORTE RD WATERLOO,IA 50703 PROJECT PARCEL: 213 DESCRIPTION:PERMANENT EASEMENT PROJECT PARCEL 213 PART OF THE WEST 67.00 FEET OF THE EAST 100.00 FEET OF THE NORTH 5 ACRES OF THE SOUTH 10 ACRES OF THE NORTHWEST 1/4 OF THE SOUTHEAST 1/4 OF SECTION 36,TOWNSHIP 89 NORTH,RANGE 13 WEST OF THE 5TH P.M.,CITY OF WATERLOO,COUNTY OF BLACK HAWK,STATE OF IOWA,MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTHEASTERLY CORNER OF LOT 2 OF SUNKIST ADDITION;THENCE NORTH 89°31'59"WEST (ASSUMED BEARING FOR THE PURPOSE OF THIS DESCRIPTION)ALONG THE NORTHERLY LINE OF SAID LOT 2,A DISTANCE OF 1.30 FEET TO THE POINT OF BEGINNING;THENCE CONTINUING NORTH 89°31'59"WEST ALONG THE NORTHERLY LINE OF SAID LOT 2,A DISTANCE OF 5.00 FEET;THENCE NORTH 00°41'1O"WEST, 128.98 FEET;THENCE NORTH 89°47'46"WEST, 13.00 FEET;THENCE NORTH 00°41'10"WEST,8.00 FEET TO THE SOUTHERLY RIGHT-OF-WAY LINE OF LORRAINE AVENUE; THENCE SOUTH 89°47'46"EAST ALONG THE SOUTHERLY RIGHT-OF-WAY LINE OF LORRAINE AVENUE,18.00 FEET;THENCE SOUTH 00°41'10"EAST,137.00 FEET TO THE POINT OF BEGINNING. CONTAINING 789 SQUARE FEET. AECOM SHEET 2 OF 2