Permanent and Temporary Easement Contract Revision No. 1 with Falcon Creek, LLC for Black Cat SewerJu,l. 8~ 2005 12~43PM No.0023 P. 3
City of Meridian
33 East Id:rhu Street, Meridian, ID 83642
PERMANENT AND TEMPORARY EASEMENT CONTRACT REVISION NO t
ProjeM ~ snd Description: sel 1867 Black Cat Sewer Project
Parcel # and Owner' SO434449413 Falcon Creek LLC, 621 North Robinson Road, Nampa, ldahu 83687
Date of Offer.
THIS RIGHT-OF-WAY CONTRACT, made this day of 2(x)5, between the City of Meridian,
acting by itS Mayor and Council, herein called "CITY" and Falcon Creek, LLC herein called "GRANTOR",.
WH>=REAS, subject to the terms outlined below, GRANTOR agrees to deliver to the CITY a Permanent Sanitary Sewer
Easement and Temporary Construction Easement included herewith as Exhibit "A":
NOW THEREFORE, the parties hereto agree as follows
1, CITY shall pay GRANTOR and the lien holder., if any„ such sums of money and/or benefits as are set out below;.
ITEM DESCRIPTION AREA GROSS VALUE VALUATION EASEMENT VALUE
Permanent Sanitary Sewer Easement (Ft2)
16,745 ($/Ft~
1
20 FACTOR ($)
SOg6
Temporary Construction Easement
39,499 .
1.2U gl0,100
l Oqb x 50°k (1/2yr) $ 2.400
Total Easement Offer 2500
Adjustment _ _ _
2. As set forth in the City of Meridian's Easement Acquisition Policy, the GranWr may choose from two options for just
compensation for both the permanent and temporary easements as determined by a certified real estate appraiser
O Cash Payment's in the amount of ~_ _
^ Donation value of the easement
'"Grantor will receive payment for the permanent easement within four weeks following the recording of the
easement and payment fix the temporary construction easement at the expiration of the construction contract..
3. This Contract shall not be binding unless and until executed by the Mayor and/or their authorised representatives. The
parties have herein set out the whole of their ageement, the performance of which constitutes the entire consideration for
the granting of said easement and shall relieve the CITY of all 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 tetra of the temporary easement shall expire when the construction contract terminates.
5. The parties whose names appear below as Grantors, covenant and warrant that they are the OWNERS of the property to
which this document applies, are fully authorized to execute this document and forever bind themselves, their successors
and assigns and the subject property to the terms set forth herein..
IN WITNESS ~'-rEIEREOF:. the parties have executed this contract the day and year first ab~~ve written..
CITY OF MERID
By
Tammy adayvr\\\\~.~ ~ ~ -~~r ~,,'~,/',
~y
U~ ~ '
Date• p
_ ~~~L =
ATTEST. A%G~-.~
William Berg, Jr., City ClerrG, Q~ T 1
~, ~Q,
/~,, ,~`
Date approved by Council' I'1'A'~~C?~`~~.~r,,~,'.\
GRANTOR
Edward McNe s, Member
Falcon Crce LL
Date' ~ ~ ~ ~~
5/2/2005
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