HomeMy WebLinkAbout~Master - Transmission Line - ARKAE Development Company Located in
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Parcel No. S-4-87 State of Iowa
Check No. County of _ Story
Structures NQg Township _ 84 North
lJ't Range _24 West of the 5th P.M.
INST#...:.,._..,. Sect ion r 31
049
TRANSMISSION LINE EASEMENT {NST,NO, .
STORY COUNTY, IOWA
KNOW ALL MEN BY THESE PRESENTS: 04�FILED FOR RECORD
A UG - 81988
F The undersigned Owners, ARKAE Development Co.
and the undersigned Tenant R Rego r L%Y
De
for and in consideration of Three Thousand and no/100---------------- Dollars
($ 3 000.00 ) to be paid by the City of Ames, Iowa, a Municipal Corporation
do nere5y 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.
See Exhibit "A" Attached and by this reference made a part hereof.
The undersigned acknowledges payment of -- Dollars
($ -- ) hereunder, and it is agreed that if the balance of the
stated consideration, $ -- is paid the undersigned within'
-- 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. Municipal
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 this /0_1�1_day of yece"_- V-L 1987
ARKAE Revelopment
��CC/o.
By: -Z
ACKNOWLEDGMENT
STATE OF �—
) rD.
COUNTY OF ,t,. } SS
On this day of A.D. 19,�-J before me, a Notary
Notary Public, personally appeared
to me k-rr6wn to be the person(s) who
is (are) named in and who executed the fore ping instrument, and acknowledged that
he executed the ;.ame as _jj v011 Lary act and deed. p
a
JAMES P.DIEMER
'3 MY iSSION EXPIRES
Notary Public in and for said County and State
EXHIBIT "A"
The north 58 feet of the North Three-Quarters of the Northeast One Quarter
of the Southeast One Quarter of Section 31, Township 84 North, Range 24
West of the 5th P.M. , Story County, Iowa, less county road right of way as
it is presently established.
Easement to consist of 4 poles with 3 conductors and static wire for trans-
mission purposes and associated overhang and Greene County REC distribution
lines.
Property owner is allowed to properly grade for streets and driveways and shall
continue using the land that is consistant with the easement.
BOOK A&q PAGE
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