Loading...
HomeMy WebLinkAboutA004 - Plat Opinion dated November 7, 2019 BELINACOB M.ICK ATTORNEYS AT LAW Plat Opinion Iowa State University Research Park Phase III, Fourth Addition Story County, Iowa November 7, 2019 City of Ames 515 Clark Avenue Ames, IA 50010 I have examined the abstract of title for the below-referenced property which was prepared by Abstract & Title Services of Story County, which Abstract was continued to November 5, 2019, at 8:00 a.m., as Abstract No. 1911052913 and my opinion covers matters to said date only, covering the real estate legally described as: Outlot X, Iowa State University Research Park Phase III Third Addition in Ames, Story County, Iowa, except Parcel "A" of all of Lot 5, Iowa State University Research Park Phase III, First Addition, Ames, Story County, Iowa, and a part of Outlot X, Iowa State University Research Park Phase III Third Addition in Ames, Story County, Iowa, as shown on the Plat of Survey recorded on August 16, 2018, as Inst.No. 18-07630, Slide 613, Page 5, AND Commencing at a point on the East line of the Northwest Quarter (NWt/4) of Section Twenty-two (22), Township Eighty-three(83)North,Range Twenty four(24)West of the 5th P.M.,Ames,Story County, Iowa 241.45 feet South of the N'/4 Corner of said Sec. 22, thence S89055'30"W 412.0 feet, thence South 272.0 feet, thence N89°55'30"E, 412.0 feet to the East line of said NW'/4, thence North 272.0 feet along said East line to the point of beginning, containing 2.57 acres; ALL TOGETHER containing 100.13 acres which includes 2.21 acres of existing public right of way, which is the property to be platted as Iowa State University Research Park Phase III, Fourth Addition in Story County, Iowa, and based upon the abstract, and solely for the purposes of platting the property under examination, I report title in the name of IOWA STATE UNIVERSITY RESEARCH PARK subject to the following matters: I. Plat of Iowa State University Research Park Phase III Third Addition recorded July 12, 2018, as Instrument No. 18-06230. 2. Survey Plat recorded in Book 196, Page 53. Fit j.t-,1W-CowNurt,, RC. 666 Walnut Street 1 Suite 2000 1 Des Moines,Iowa 50309 P 515.243.7100 BelinMcCormick.com 3. Agreement for Sidewalks recorded December 3, 2015, as Instrument No. 15-11638. 4. Storm Water Easement recorded April 22, 2016, as Instrument No. 16-03260. 5. Storm Water Easement and Storm Water Flowage Easement recorded April 22, 2016, as Instrument No. 16-03304. 6. Amended and Restated Declaration of Covenants, Conditions and Restrictions of Iowa State University Research Park recorded July 29, 2016 as Instrument No. 16-07216. First Amendment recorded July 12, 2018 as Instrument No. 18-06231. Second Amendment recorded October 15, 2018, as Instrument No. 18-09428. Third Amendment recorded June 25, 2019, as Instrument No. 19-05225. 7. Roadway Easement granted to the City of Ames recorded December 20, 2017, as Instrument No. 17-12757. 8. Storm Water Flowage Easement granted to the City of Ames, recorded July 12, 2018, as Instrument No. 18-06233. 9. Sanitary Sewer Easement granted to the City of Ames, recorded July 12, 2018, as Instrument No. 18-06234. 10. Agreement for Sidewalks recorded July 12, 2018, as Instrument No. 18-06236. 11. Agreement for Public Improvements recorded July 12, 2018, as Instrument No. 18-06237. 12. 2018-2019 fiscal year taxes: a. Parcel No. 09-22-150-003: Taxes are not yet certified. (IOWA STATE UNIVERSITY RESEARCH PARK PHASE III 3rd ADD OUTLOT X EX PARCEL A SLIDE 613 PG 5 AMES) b. Parcel No. 09-22-150-002: Taxes are not yet certified. (IOWA STATE UNIVERSITY RESEARCH PARK PHASE III 3rd ADD OUTLOT X AMES) C. Parcel No. 09-22-100-002: First installment $492.00 paid; second installment $492.00 paid. (IOWA STATE UNIVERSITY RESEARCH PARK PHASE III 1st ADD OUTLOT Y AMES) d. Parcel No. 09-22-150-001: First installment $0.00; second installment$0.00. (IOWA STATE UNIVERSITY RESEARCH PARK PHASE III 1 st ADD OUTLOT Z AMES) e. Parcel No. 09-22-100-240: First installment $1,296.00 paid; second installment $1,296.00 paid. (SECTION:22 TOWNSHIP:83 RANGE:24 NE NW COMM NE COR S241 A5' W412' S272' E412' N272' TO BEG AMES) 13. The property is subject to the zoning ordinances of City of Ames, Iowa. 14. No new searches have been made against anyone outside the chain of title. -2- 15. Matters which would be revealed by an accurate survey and inspection of the premises such as encroachments, overlaps, and boundary line disputes. Further, access to public streets and the correctness of lot area and boundary lines cannot be assured by this opinion. 16. Any lien or right to lien for services, labor or material, heretofore or hereafter furnished, imposed by laws of the State of Iowa and not shown in the public records. 17. Special assessments, preliminary assessments, and deficiency assessments are a lien from certification by the city or the county or other taxing jurisdiction to the County Treasurer. 18. Charges for certain municipal services provided by a city prior to your ownership, such as solid waste and sewage disposal,may be a lien against the real estate when certified to the County Treasurer's Office. Such a lien has priority equivalent to real estate taxes. 19. The abstract does not disclose the existence of hazardous substances, hazardous waste, hazardous materials, pollutants, contaminants, underground storage tanks, drainage wells, active or abandoned water wells and other environmentally-regulated activities. 20. Searches for judgments by the abstracter are limited to a ten-year period, however, certain installment judgments such as child support and alimony rendered in a decree of dissolution more than ten years ago are a lien on the real estate of the obligor for ten years after the installment becomes due. This title opinion is rendered for platting purposes in accordance with the laws of the State of Iowa and fo.• nc cf-hQ purpose. Very truly yours, Nathan J. Barber NBA/bjn (3391693.4) -3-