HomeMy WebLinkAbout2014-011 IDA Resolution Easement MAWC Lot 7 Horizons Industrial V East IDA Resolution 2014-011
IDA
RESOLUTION NO. 2014-011
A RESOLUTION AUTHORIZING THE GRANTING OF AN EASEMENT TO
MISSOURI-AMERICAN WATER COMPANY FOR THE LOCATION,
CONSTRUCTION, RECONSTRUCTION, MAINTENANCE, OPERATION, AND
REPAIR OF WATERLINE IMPROVEMENTS OVER A PORTION OF LOT 7,
RIVERSIDE HORIZONS INDUSTRIAL V EAST PLAT
Pursuant to the provisions of Chapter 349, RSMo., as amended, the Board of
Directors of The Industrial Development Authority of the City of Riverside, Missouri (the
"IDA"), hereby adopts this Resolution and directs that this Resolution be filed with the
official IDA minutes:
WHEREAS, the IDA currently owns all of Lot 7, Riverside Horizons Industrial V
East Plat, a subdivision in the City of Riverside, Platte County, Missouri, according to
the recorded plat thereof(the "Property"); and
WHEREAS, Missouri-American Water Company ("MAWC") desires to undertake
the installation of a new water line over a portion of the Property (the "Project") and the
Project requires the granting of an easement (the "Easement") over such portions of the
Property for the location, construction, reconstruction, maintenance, operation, and
repair of water pipes, hydrants, valves, and appurtenant facilities that will serve the
Project; and
WHEREAS, the City has, pursuant to Ordinance No.\5�deassed and approved
by the City's Board of Aldermen on October 7, 2014, a copy of which is presented with
this Resolution and is on file with the Secretary, approved the Easement and directed
the IDA to execute and deliver the Easement.
NOW THEREFORE, BE IT RESOLVED, by the Board of Directors of the
Industrial Development Authority of the City of Riverside, Missouri as follows:
Section 1. The IDA's granting of the Easement, in substantially the form
attached hereto and incorporated herein as Exhibit "A", to MAWC is hereby approved
and the President and Vice President are hereby authorized to enter into, execute and
deliver and the Secretary and the Assistant Secretary are hereby authorized to attest to,
the Easement, such official's signature thereon being conclusive evidence of his or her
approval and the IDA's approval thereof.
Section 2. The President, Vice-President, Secretary, Assistant Secretary and
other appropriate officers and agents of the IDA are hereby authorized to take such
further actions and execute such other documents as may be necessary or desirable to
carry out and comply with the intent of this Resolution.
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IDA Resolution 2014-011
Section 3. The Resolution shall be in full force and effect from and after its
adoption.
ADOPTED THIS 8th DAY OF OCTOBER, 2014.
This Resolution was adopted at the meeting of the Board of Directors of the IDA
duly called and held this date.
By:
Name:
Title:
DEAL)
ATTEST:
arah Wagn r, Secr
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IDA Resolution 2014-011
EXHIBIT A
EASEMENT AGREEMENT
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