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RecDoc 2017-022477 LMA_1629 Main Street_WL Butler Office Building_3.15.2017
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RecDoc 2017-022477 LMA_1629 Main Street_WL Butler Office Building_3.15.2017
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Last modified
4/4/2017 1:04:29 PM
Creation date
3/15/2017 3:58:37 PM
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Recorded Docs
Recorded Docs - Type
Agreement
Subject
LMA
Doc Num
2017-022477
Rec Date
3/15/2017
Address
1629 Main St
Parties
Butler Realty III, LLC
MO Ref
17-028
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that if the City brings legal action to enforce its rights under this Section 6, the Developer shall pay the <br />City all costs incurred by it, including attorneys' fees and court costs, together with interest from the date <br />the City provided notice under Section 6.a, at the rate of seven percent (7%) per annum. <br />d. Additional Remedies. The Developer acknowledges and agrees that the City <br />may also pursue any and all other remedies available in law or equity in the event of a breach of the <br />Developer's obligations and agreements set forth herein. <br />e. Intention of Citv. Nothing in this Section 6 shall be construed, either expressly <br />or by implication, as indicating an intention of the City to exercise dominion or control over the <br />Improvements. <br />7. NO IMPAIRMENT OF LIEN. No violation or breach of the agreements, conditions, <br />restrictions, provisions or limitations contained in this Agreement shall defeat or render invalid or in any <br />way impair the lien or charge of any mortgage, deed of trust or other financing or security instrument; <br />provided, however, that any successor of Developer to the Site or any portion thereof shall be bound by <br />such agreements, conditions, restrictions, limitations and provisions, whether such successor's title was <br />acquired by foreclosure, deed in lieu of foreclosure, trustee's sale or otherwise. <br />8. ENCROACHMENT PERMIT: RIGHT OF ENTRY. The Developer and the City <br />acknowledge that, to the extent that the Improvements are located within the City rights-of-way, the <br />Developer shall obtain a single on-going revocable encroachment permit from the City in order for the <br />Developer to perform its obligations under this Agreement. Such an encroachment permit shall set forth <br />the terms and provisions upon which the Developer has a right to enter onto such rights-of-way in order to <br />perform maintenance, inspection, repair and, if and when necessary, replacement services (collectively, <br />"Maintenance Services"). The encroachment permit shall be issued on the terms and conditions of this <br />Agreement: <br />a. Permitted Uses. The Developer may enter upon such Improvements as are <br />located within the City rights-of-way, and may temporarily block reasonably necessary portions of the <br />adjoining street surfaces, solely for the purpose of performing Maintenance Services, and incidental <br />purposes thereto, such as operating equipment and storing materials during the period maintenance <br />services are being performed (collectively, "Activities"). The Developer shall not use such areas for any <br />other purpose. <br />b. Insurance. The Developer shall obtain and deliver to the City, at no cost to the <br />City, certificates of commercial general liability insurance which indicate that the City, its elective and <br />appointive boards, commissions, officers, agents and employees are covered as additional insureds under <br />all insurance policies maintained for performance of the Maintenance Services and other Activities by (i) <br />the Developer or (ii) any contractor or subcontractor directly or indirectly employed by the Developer to <br />perform any Maintenance Services or other Activities. Each of these policies shall also provide that no <br />cancellation, major change in coverage, or expiration may be affected by the insurance company or the <br />insured during the time of performance of the Maintenance Services and other Activities, without first <br />giving to the City thirty (30) days' written notice prior to the effective date of such cancellation or change <br />in coverage. The Developer shall not permit any contractor or subcontractor to commence or continue <br />performing Maintenance Services or other Activities until the certificates or any substitute certificates <br />have been approved by the City's Risk Manager. <br />REV: 01-2617 PR <br />Page 4 of 7 <br />ATTY/AGR.2017.017/1629 Main St - LMA <br />
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