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HomeMy WebLinkAbout~Master - Bicycle Path - Iowa State University Research Park Corporation 11321 �'1.�322 WT:-W, - STATE OF IOWA a STORY COUNTY,IOWA Story County FILED fI' m Entere or taxailo�s qz-JUN d of A t 9 5 , AGREEMENT46R BICYCLE PATH EASEMEN Co rity Aaditor SUS#X ILwIW KAMF'��I�vDrO� ............ Rewrding�� • y0 Deputy AW110 S FW S ---T#tr mement is entered into between the CITY OF AMES, a municipal corporation, hereinafter referred to as "City", and Iowa State University Research Park Corporation, hereinafter referred to as "ISU Research Park Corporation"; WITNESSETH : WHEREAS, the City desires to develop a bicycle path along a portion of an abandoned railroad right-of-way which was previously used by the Chicago and Northwestern Transportation Company described as: See attached plat and description NOW, THEREFORE, in consideration of the mutual covenants contained in this Agreement, the parties hereto agree as follows: I. ISU Research Park Corporation grants to the City permission to develop and use the said right-of-way land as a bicycle path. City agrees that any such path shall be not more than an eight (8) foot wide bicycle path with two (2) foot wide shoulders. Said path shall be surfaced with crushed rock. All development and construction shall be done by employees of the City or City contractors in accordance with a schedule set out by the City. II. The City shall bear the entire cost of designing, constructing and maintaining the bicycle path. The City will not pay ISU Research Park Corporation any compensation for use of this path other than the covenants which form this Agreement. The City will pay for all costs of filing this document. III. The City agrees to indemnify, save and hold harmless ISU Research Park Corporation, its agents, employees, successors and assigns from liability for any personal injury or death, or property damage of whatsoever kind and nature which may arise as a consequence of the City's failure to exercise due care in the development, construction, operation or maintenance of said bicycle path, IV. City agrees to maintain said bicycle path and make the necessary improvements to keep the path in good and safe condition. BOOK—a'-OZL PAGE.. V. ISU Research Park Corporation hereby grants permission and authority to the City to use the right-of-way for a bicycle path and no other purpose except for any purpose that the parties might agree to. At such time that the City shall cease to use the property as a bicycle path, it shall be used for no other purpose by the City. VI. The City's rights granted hereunder shall be perpetual . VII. The City agrees to landscape the area in accordance with the attached plan. Landscaping will be completed in the 1992 fall planting season. The City will complete the initial watering. Future watering and maintenance of all materials shown on this plan shall be the responsibility of the ISU Research Park Corporation. The City agrees to pay in 1993 for watering and maintenance of this new material based on documentation provided to the City for costs incurred, up to a maximum of $667. DATED this // day of 1992. IOWA STATE UNIVERSITY CITY OF AMES, OWA RESEARCH PARK CORPORATION t �. , / r 7 r y .. B Leonard C. Goldman , Larry R. 'Qur=t-i�s, Mar,flr � 66 By: A Wayne Moore Chai an of the Board -s 1a..PACE_.._!_.__ Y ` STATE OF IOWA ss: COUNTY OF STORY On this / — day of May, 1992, before me, a Notary Public in and for Story County, Iowa, personally appeared Leonard C. Goldman and Wayne R. Moore, to me pers p 1 , no n, who being by me duly sworn, did say that they are the-Exec and Chairman of the Board, respectively, of said corporation, that the seal affixed to said instrument is the seal of said corporation, or no seal has been procured by the said corporation, and that said instrument was signed and sealed on behalf of said corporation by authority of its Board of Directors, and the said Leonard C. Goldman and W te,I!R ,'floore acknowledged the execution of said instrument to be the °rAl4 tan factfand deed of said corporation by it voluntarily executed. w - N ar Publ i c in and for Sly County, Iowa y,r STATE OF IOWA ss: COUNTY OF STORY On this -:? 12th day of May, 1992, before me, a Notary Public in and for the State of Iowa, personally appeared Larry R. Curtis and Nancy Dionigi , to me personally known, and, who, being by me duly sworn, did say that they are the Mayor and City Clerk, respectively, of the City of Ames, Iowa; that the seal affixed to the foregoing instrument is the corporate seal of the corporation, and that the instrument was signed and sealed on behalf of the corporation, by authority of its City Council , as contained in Resolution No. 92-168 adopted by the City Council on the 12th day of May 9 19_92_, and that Larry R. Curtis and Nancy Dionigi acknowledged the execution of the instrument to be their voluntary act and deed and the voluntary act and deed of the corporation, by it voluntarily executed. ay t ns Notary Publ i c in d f ;.. { Story County, Iowa . ' Jill L. Ripperger; commissi r� res " March 17, 1994 4-1 CZ 0. CD `n r._v+ CL I Lu U l' ^- m ` < memo Ld - _ / i'+-+ %� i;i / -mob'- -'65 i -06b cz cz ;se _- .%; oc,� C/ . -- — -— -t=— -- — -rama�53" - - Y d Bicycle Path Easement Property Plat SpU Ty STATE OF "— IO WA STREET i I ' N STATE OF IOWA a: . 4 I 1 � o j PEACH • N 1 1 US BY PASS 0 ISO RESEARCH ' PARK CORP. RICHARD SEYO£ w 1 o i W NORTH LOOP. `EtPOEtT ROAD P a� The east 12 feet of Lot 1, Iowa State University Research Park Second Addition to the City of Ames, Story County, Iowa. 3 PaGE�