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HomeMy WebLinkAbout~Master - Transmission Line - Job & Co. Parcel No. S-3-87 State of Iowa " Check No. County of _ Story Structures No. Township 84 North ir (1 Range 24 West of the 5th P.M. At NS# Section _ 31 It 44 .0 fEE$ TRANSMISSION LINE EASEMENT S7C1Rli COElNflY lOw FILED FOR REWRDA KNOW ALL MEN BY THESE PRESENTS: I A#A AUG - 81988 The undersigned Owners, JOB & CO. , a Nebraska corporation rder and the undersigned Tenant By for and in consideration of Three Thousand Five Hundred Dollars ($ 3,500.00 ) to be paid by the City of Ames, Iowa, a Municipal Corporation do hereby grant to the City of Ames, Iowa, its successors and assigns, the right to construct, maintain and operate electrical transmission lines, and ^ the poles, structures, wires, and other necessary equipment incident thereto, upon, over, under, along and across certain real estate described below, to- gether with the right to enter upon said real estate for the purpose of con- structing, maintaining or removing said lines and the right to trim or remove with reasonable care, such trees as may interfere with the proper maintenance and operation thereof, and the right to remove from the strip of land speci- fically described below any obstruction, including buildings and other structures, which may interfere with the proper maintenance and operation of said lines. Grantee also agrees that the present grade or ground level thereof will not be changed. In consideration of such grant, the City of Ames agrees that it will repair or pay for any damage which may be caused to crops, fences or other property of the undersigned by the construction, maintenance or removal of said lines. N 58 feet of NEJSWJ, N 58 feet East 330 feet NWJSWJ and North 58 feet NW} SEI Section 31, Township 84 North, Range 24 West of the 5th P.M. , Story County, Iowa, lying north of railroad less road right of way as it now exists. The undersigned acknowledges payment of One Hundred & No/100-Dollars ($ 100.00 ) hereunder, and it is agreed that if the balance of the stated consideration, $ 3,400.00 , is paid the undersigned within 365 days from date hereof, this agreement shall become binding upon all parties hereto, their heirs, successors and assigns, but shall terminate upon the permanent removal or abandonment of the supply or transmission line. If the balance of the consideration is not paid as above limited, then the initial payment shall be forfeited to the grantor and both parties shall be released from all further obligation hereunder. The undersigned shall have the statutory right under Iowa Code Chapter 478 to cancel this agreement by mailing a "Notice of Cancellation" to Ames Municip :l Electric System by certified mail with return receipt requested. The notice must be received by Ames Municipal Electric System within seven (7) days, excluding Saturday and Sunday, to be effective. The undersigned acknowledges receipt of this written information on the right to cancellation prior to execution of this agreement and further acknowledges re- ceipt of the form, in duplicate, that can be used to give notice of cancellation to Ames Municipal Electric System. Ames Municipal Electric System may enter said premises for the purpose of surveys and preliminary estimates. However, Ames Municipal Electric System shall not begin construction, and shall not file this agreement for record until full consideration is paid and the statutory seven day. period for cancellation has ex- pired. Dated at Omaha, Nebraska , this 30th day of November , 1987 Attest: _JOB & CO. , a Nebraska corporation B Its Vice President Its Presid nt�� ACKNOWLEDGMENT GENERAL NOTARY-state of Nebraska STATE OF NEBRASKA JOSEPH J.SKUDtAREK COUNTY OF DOUGLAS ) SS My A rnw.sept Is, COUNTY On this 30th day of November A.D. 19 87 , before me, a Notary Notary Public, personally appeared Evelyn J. Barber and Robert H. Barber, President and Vice-President, to me known to be the person(s) who As (are) named in and who executed the foregoing instrument, and acknowledged that they executed the same as their vo ary ac and and e voluntary act and deed of JOB & Co. BOOK PAGE Notary ub]. in nd �or said County and State -�2.�.�...... ............_