City Easement definition
Examples of City Easement in a sentence
Nothing contained herein shall be deemed a waiver or abandonment or transfer of the right, title and interest that the City holds to the City Easement.
To facilitate the Developer’s commitment, the City shall grant to the Developer an easement on the City Terrace Improvements Easement Area, subject to the City retaining certain rights to require the Developer allow public access to a substantial portion, all as provided in the City Easement and Public Use Agreement in a form substantially similar to Exhibit D.
Utility Costs, include, without limitation: excavation costs, labor costs, costs of removing fill, costs of re-burying the City Easement Improvements, re-compacting the soils over the City Easement Improvements, restoring the City Easement area, and all engineering and attorneys’ fees incurred in connection therewith.
Nothing in this Article 8 shall be deemed to supersede or release a Mortgagee or modify a Mortgagee’s obligations under any subdivision or public improvement agreement, the City Easement and Public Use Agreement, temporary access agreement or other obligation incurred with respect to the Project outside this Agreement, nor shall any provision of this Article 8 constitute an obligation of City to such Mortgagee, except as to the notice requirements of Section 8.3.
This Agreement, expressly including but not limited to the City Easement and Public Use Agreement which is intended to and shall run with the land upon recordation, shall be superior and senior to any lien placed upon the Property or any portion thereof after the date of recording the Agreement, including the lien of any deed of trust or mortgage (“Mortgage”).
The Parties will execute and record the City Easement and Public Use Agreement as set forth on the Schedule of Performance.
The Parties acknowledge that the Developer’s commitment to construct the Terrace Improvements and make them available for City use, provide public parking in the Parking Garage, and pay the Town Square Contribution are all provided in exchange for the City’s agreements herein, including granting the two easements on the City Easement Area, and each provides substantial benefits and cost savings to the City.
To meet the City’s parking requirements and Historic Requirements for the Project, an underground parking garage, with a portion located within the City Easement Area, is essential to the Project during the life of the Project.
To provide a mutually attractive transition between the Project and the City Property, as requested by the City, Developer will design, construct, maintain and operate the Terrace Improvements on the surface of the City Easement Area (the “Terrace Improvements Easement Area”).
The City is responsible for the repair and maintenance of the City Easement Improvements in the City Easement.