Permanent and Temporary Easement Contract with DBSI Tanana Valley, LLC for Black Cat Sewer Phase 4City of Meridian
33 East Idaho Street, Meridian, ID 83642
PERMANENT AND TEMPORARY EASEMENT CONTRACT
Project # and Description: 10-06-059 Black Cat Sewer Phase 4
Parcel # and Owner: 51130212450 DBSI Tanana Vallev LLC
Date of Offer: September 11.2007
THIS RIGHT-OF-WAY CONTRACT, made this day of September 2007, between the City of Meridian,
acting by its Mayor and Council, herein called "CITY" and DBSI Tanana Va11ev LLC, herein called "GRANTOR".
WHEREAS, subject to the terms outlined below, GRANTOR agrees to deliver to the CITY a Temporary Construction
Easement and Permanent Sanitary Sewer Easement included herewith as Exhibit A and Exhibit B, respectively.
NOW THEREFORE, the parties hereto agree as follows:
1. A. CITY shall pay GRANTOR such sums of money and/or benefits as aze set out below. Note that gross valuation
basis was obtained from Grantor's appraisal.
ITEM DESCRIPTION AREA GROSS VALUE VALUATION EASEMENT VALUE
(Ft2) ($/Ft2) FACTOR ($) _
Permanent Easement 992 $10.00 50% $ 4,960.00
Temporary Easement 37,418 $0.00 10% $0.00
TOTAL EASEMENT CASH SETTLEMENT AMOUNT 9~4. 60.00
A. The CITY shall delineate the temporary construction easement area with cones, barricades or stakes and ribbon
and. such delineation shall be maintained through completion of construction. Alt construction activity shall occur
within the temporary construction easement area unless the City's Contractor has secured separate approval from
the Grantor.
B. The CITY agrees to maintain imgation delivery and other utilities during construction. Any damage to said
irrigation system or utilities as a result of the sewer line construction will be expediently replaced or restored by
the CITY at its sole expense, to a condition comparable to that existent prior to undertaking the construction.
2. The Grantor may choose from two options for just compensation for both the permanent and temporary easements as
determined by a certified real estate appraiser:
^ Cash Payment* in the amount of
X Donation value of the easement
50.00
$ 4.960.00
*Grantor will receive payment for the permanent easement within four weeks following the recording of the
easement and acquisition of the easement preparation contract noted in Item lE above.
3. This Contract shall not be binding unless and until executed by the Mayor and/or their authorized representatives. The
parties have herein set out the whole of their agreement, the performance of which constitutes the entire consideration for
the granting of said easement and shall relieve the CITY of alt further claims or obligations on that account or on account of
the location, grade, construction and maintenance of the proposed sanitary sewer line.
4. The parties whose names appear below as Grantors, covenant and warrant that they are the OWNERS of the property to
which this document applies, aze fully authorized to execute this document and forever bind themselves, their successors
and assigns and the subject property to the terms set forth herein.
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1N WITNESS WEREOF, the parties have executed this contract the day and yeaz first above written.
CITY OF MERIDIAN - - _
i
By: ~-~
Tamm de Wee yor
GRANTOR
DBSI Tanana Vall
By:
ATTES ~ ~~ r~® '=
William Berg, Jr., City Clerk - ~, .~ _
~~ .~ -
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Date approved by Council: ~/ ~~ ~ ~ 23~ Z0p7 ~ ~~ ~'
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