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HomeMy WebLinkAbout111th and Penn Project - JB&MJM of IndianaCLOSING STATEMENT Section 6045 of the Internal Revenue Code, as amended by the Tax Reform Act of 1986, requires the reporting of certain information on every real estate transaction. The information provided below, except for the tax identification number, is adequate information to provide to a tax professional. FEE OWNER: J.B. & M.J.M. of Indiana, Inc. MAILING ADDRESS: 710 N. Plankinton Avenue, Suite 1200, Milwaukee, WI 53203 PROPERTY ADDRESS: 11075 N. Pennsylvania St., Indianapolis, IN 46280 DESCRIPTION OF PROPERTY: A part of the Southeast Quarter of Section 2, Township 17 North, Range 3 East, Hamilton County, Indiana TAX PARCEL ID: 2943-02-000-017.001-018 PROJECT: Des No. 1297165, 111th SL and Penn St., City of Carmel, PROJECT PARCEL: 63 COUNTY: Hamilton CLOSING DATE: PURCHASE PRICE: $ 77,300.00 LAND AND/OR ADMINISTRATIVE SETTLEMENT: $ 0.00 IMPROVEMENTS: $54,200.00 DAMAGES: $ 23,100.00 Please be advised that rio property taxes have been assumed by the City of Carmel in connection with the purchase of the above -captioned property. Any applicable tax adjustment, due to the above purchase by the City of Carmel, would be accomplished by the County Assessor after the deed is recorded by the City or its agent. This is supposed to be done; however, you should take the initiative to make this adjustment. The City of Carmel has no authority to remove or change any taxes of any nature. I (we) certify that the above is true and correct and acknowledge receipt of payment. Fee Owners Signature Date Signature Date DES #: 1297165 PARCEL: 63 Cross Reference to Prior Deed of Record: Quitclaim Deed, Instrument Number 9709731965, in the Office of the Recorder of Hamilton County, Indiana TEMPORARY EASEMENT AGREEMENT This Temporary Easement Agreement (this "Agreement") is made and entered into this 25th day of September , 2012 by and between J. B. & M. J. M. of Indiana, Inc., an Indiana corporation, ("Grantor") and the City of Carmel, Indiana ("Grantee") for and in consideration of the sum of Eighteen Thousand, Six Hundred Dollars ($18,600.00) (of which said sum $18,600.00 represents land temporarily encumbered and improvements acquired and $-0- represents damages). RECITALS A. Grantor owns certain real property (the "Grantor's Parcel") located in Hamilton County, Indiana, more particularly described as follows: See Exhibit 1 attached hereto and incorporated herein. B. Grantee, in connection with Grantee's public improvement project entitled 111th Street and Pennsylvania Street — DES #: 1297165 (the "Project"), requires a temporary easement for the duration of the Project for purposes of constructing that portion of the Project located upon and/or adjacent to the Grantor's Parcel. Such temporary easement area (herein referred to as the "Temporary Easement Parcel") is more particularly described as follows: See Exhibit A which is attached hereto and incorporated herein. NOW, THEREFORE, in consideration of the foregoing recitals, all of which are incorporated herein by this reference, and of the grant of easement and the mutual promises and covenants set forth herein, the parties hereto agree as follows: 1. Temporary Rights Acquired by Grantee. During the term of the Project, Grantor hereby grants and conveys to Grantee the exclusive right to utilize the Temporary Easement Parcel for all purposes related to the construction of the Project, including, but not limited to, the storing of equipment and the staging of the construction of the Project. Upon the earlier of the date of final completion of the Project or three (3) years from the date hereof, such temporary easement shall terminate and Grantee shall return the Temporary Easement Parcel to Grantor in substantially the same condition as existed prior to the commencement of the Project, except as reasonably modified by the Project. 832365v1 1 2. Rights Retained by Grantor. Grantor shall retain unto himself, and his grantees, heirs, successors and assigns, and all others to whom Grantor niay grant rights or easements, the right to use the Temporary Easement Parcel for any and all purposes and uses not inconsistent with the foregoing easement acquisition by Grantee, including without limitation the right to install, use, maintain, repair and replace existing driveways and curbing not removed by Grantee as part of the Project, as well as the right of access over and across the Temporary Easement Parcel to and from public streets adjacent to the Temporary Easement Parcel via Grantor's existing driveway or any future driveway. 3. Easement and Covenants Appurtenant. The easement granted, created and made herein, together with all the benefits thereof, shall run with the Grantor's Parcel and inure to the benefit of Grantee and its grantees, successors and assigns. The easement granted, created and made herein, together with the burdens thereof, shall run with and bind the Grantor's Parcel, and shall bind Grantor and his grantees, successors and assigns. All covenants and agreements of the Grantor and Grantee hereunder, together with the benefits and burdens thereof, shall be deemed to be real covenants which touch and concern the Grantor's Parcel and the Temporary Easement Parcel, as applicable, shall run with the Grantor's Parcel and the Temporary Easement Parcel, and shall inure to the benefit of and be binding upon Grantor and Grantee, as applicable, and their respective grantees, successors and assigns. 4. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Indiana, except for its conflict of laws provisions. The undersigned represents and warrants that he is a duly elected officer of the Grantor; that the Grantor is a corporation validly existing in the State of its origin and, where required, in the State where the subject real estate is situated; that the Grantor has full corporate capacity to convey the real estate interest described; that pursuant to the resolution of the Board of Directors or shareholders of the Grantor or the by-laws of the Grantor he has full authority to execute and deliver this instrument on its behalf and that said authority has not be revoked; that he is therefore, fully authorized and empowered to convey to the City of Carmel, Indiana real estate of the Grantor, and that on the date of execution of said conveyance instruments he had full authority to so act; and that all necessary corporate action for the making of this conveyance has been duly taken. IN WITNESS WHEREOF, Grantor and Grantee have executed this Agreement as of the date first written above. GRANTOR J. B. & M. J. M. OF INDIANA, INC. By: ��� �E� By: - / Printed: James Janz Printed: , �• C-74•�L%S GRANTEE Title: President 83236SvI 2 Title: 61)1 , 461-aiti STATE OF WISCONSIN COUNTY OF WAUKESHA ) SS: Before me, a Notary Public in and for said County and State, personally appeared J. B. & M. J. M. of Indiana, Inc., BY: James Janz, President the Grantor, and who, having been duly sworn, acknowledged the truth and accuracy of the representations made herein and the execution of the foregoing Agreement. Witness my hand and Notarial Seal this 25th day of September My commission e+pires: ‘'S ,pQ_(manenl- 1 am a resident of Waukesha County STATE OF INDIANA ) ) SS: COUNTY OF HAMILTON ) , 2012. Notary Public Beth N. Zimmermann Printed Name `�..$0.\\%%11$ttl �P ii% B ore me a Notary ublic in and for said County and_State, persona ap S �� the .1/_ . + f of the Grantee, who, having be duly sworn, acknowledged the trfth and accuracy of the representations made herein and the execution of the foregoing Agreement for and on behalf of said Grantee. eared Witness my hand and Notarial Seal this ) 7 day of My commission expires: S4-0-, 01.3 40!4, I an a -resident of Notary Public akank County, IN e2,4 B455 Printed Name This instrument was prepared by: Douglas C. Haney, Carmel City Attorney, One Civic Square, Carmel, Indiana 46032 I affirm, under the penalties for perjury, that I have taken reasonable care to redact each and every Social Security number in this document, unless it is required by law. Douglas C. Haney 532365v1 3 Exhibit 1 Phrt of the West Half of the Northwest Qua+ter of the Southiast Quarter of Section 2, Township 17 North, Range 3 East of the Second Principal Meridian in Hamilton County, Indiana, described a4 follows: Beginning at the northwest corner of said balf-quarter-quarter section; thence on an assumed bearing of North 89 degrees 01 minutes 11 Seconds East along the north lint thereof a distance of 675, 83 feet to the northeast corner thereof; thence South 00 degrees 10 minutes 47 seconds East along the east line of said half -quarter -quarter section a distance of 690.82 feet; thence South 89 degrees 01 minutes 11 seconds West parallel with said north line a distance of 674.59 feet to the west line of said half -quarter -quarter section; thence North 00 degrees 16 minutes 59 seconds West along said west line a distance of 690,80 feet to the POINT OF BEGINNING. Containing 10.71 acres, rnore or less. 832365v1 BEST POSSIBLE IMAGE 4 Exhibit "A" Sheet 1 of 1 - --Project:-- 1297-165 — Parcel: 63A Temporary Right -of -Way for Grading Tax Id. No. 29-13-02-000-017.001-018 A part of the Southeast Quarter of Section 2, Township 17 North, Range 3 East, Hamilton County, Indiana, described as follows: Commencing at the Northwest Corner of said southeast quarter designated as point "1" on the Location Control Route Survey plat recorded as Instrument 2010-015472, in the Office of the Recorder of said County; thence South 00 degrees 54 minutes 03 seconds West a distance of 203.48 feet, along the west line of said quarter; thence South 89 degrees 05 minutes 58 seconds East a distance of 43.50 feet, to the eastem boundary of Pennsylvania Street and the point of beginning of this description; thence South 89 degrees 05 minutes 58 seconds East a distance of 9.51 feet; thence South 00 degrees 54 minutes 02 seconds West a distance of 175.00 feet; thence North 89 degrees 05 minutes 58 seconds West a distance of 9.51 feet to the eastern boundary of Pennsylvania Street; thence North 00 degrees 54 minutes 03 seconds East a distance of 175.00 feet, along said eastern boundary, to the point of beginning and containing 0.038 acres, more or less. This description was prepared for the City of Carmel by Trent E. Newport, Indiana Registered Land Surveyor, License Number 29600021, on the ire3 flay of l4-1)£uf t, 2012. V � V TRENT E. NEWPORT INDIANA LAND SURVEYOR NO. LS 29600021 Exhibit "A" Sheet 1 of 1 Project: 1297165 Parcel: 63B Temporary Right -of -Way for Grading Tax Id. No. 29-13-02-000-017.001-018 A part of the Southeast Quarter of Section 2, Township 17 North, Range 3 East, Hamilton County, Indiana, described as follows: Commencing at the Northwest Corner of said southeast quarter designated as point "1" on the Location Control Route Survey plat recorded as Inshvment 2010-015472, in the Office of the Recorder of said County; thence South 89 degrees 50 minutes 16 seconds East a distance of 165.00 feet, along the north line of said quarter; thence South 00 degrees 09 minutes 44 seconds West a distance of 40.00 feet, to the southern boundary of 111th Street and the point of beginning of this description; thence South 89 degrees 50 minutes 16 seconds East a distance of 215.00 feet, along said southern boundary; thence South 00 degrees 09 minutes 44 seconds West a distance of 22.00 feet; thence North 89 degrees 50 minutes 16 seconds West a distance of 250.00 feet; thence North 58 degrees 00 minutes 36 seconds East a distance of 41.34 feet, to the point of beginning and containing 0.117 acres, more or less. This description was prepared for the City of Carmel by Trent E. Newport, Indiana Registered Land Surveyor, License Number 29600021, on the 8 day of Air T , 2012. Z 171/ TRENT E. NEWPORT INDIANA LAND SURVEYOR NO. LS 29600021 Exhibit "A" Project: 1297165 Parcel: 63 Fee Tax Id. No. 29-13-02-000-017.001-018 Sheet 1 of 2 A part of the Southeast Quarter of Section 2, Township 17 North, Range 3 East, Hamilton County, Indiana, and being that part of the grantor's land lying within the right of way lines depicted on the attached Right of Way Parcel Plat, marked Exhibit "B", described as follows: Commencing at the Northwest Corner of said southeast quarter designated as point "1" on the Location Control Route Survey plat recorded as Instrument 2010-015472, in the Office of the Recorder of said County; thence South 89 degrees 50 minutes 16 seconds East a distance of 165.00 feet, along the north line of said quarter; thence South 00 degrees 09 minutes 44 seconds West a distance of 40.00 feet, to the southern boundary of 111h Street and the point designated "320" on said Parcel Plat being the point of beginning of this description; thence South 58 degrees 00 minutes 36 seconds West a distance of 41.34 feet to the point designated "319" on said Parcel Plat; thence North 89 degrees 50 minutes 16 seconds West a distance of 15.00 feet to the point designated "305" on said Parcel Plat; thence South 78 degrees 51 minutes 08 seconds West a distance of 15.30 feet to the point designated `.`304" on said Parcel Plat; thence South 44 degrees 37 minutes 17 seconds West a distance of 61.95 feet to the point designated "303" on said Parcel Plat; thence South 12 degrees 12 minutes 38 seconds West a distance of 25.50 feet to the point designated "302" on said Parcel Plat; thence South 00 degrees 54 minutes 02 seconds West a distance of 70.00 feet to the point designated "322" on said Parcel Plat; thence North 89 degrees 05 minutes 58 seconds West a distance of 9.51 feet to the eastern boundary of Pennsylvania Street and the point designated "323" on said Parcel Plat; thence North 00 degrees 54 minutes 03 seconds East a distance of 164.04 feet, along said eastern boundary of Pennsylvania Street, to the southern boundary of 111`h Street; thence South 89 degrees 50 Exhibit "A" Project: 1297165 Parcel: 63 Fee Tax Id. No. 29-13-02-000-017.001-018 Sheet 2 of 2 minutes 16 seconds East a distance of 122.01 feet, along said southem boundary, to the point of beginning and containing 0.116 acres, more or less. This description was prepared for the City of Carmel by Trent E. Newport, Indiana Registered Land Surveyor, License Number 29600021, on the O day of kv5 t, 2012. -771 l LJ V TRENT E. NEWPORT INDIANA LAND SURVEYOR NO. LS 29600021 16+00 17+00 75.00r Exhibit. "B Right—of—Way Parcel Plat Prepared for City of Carmel By CrossRoad Engineers, P.C. 18+00 19+00 20+00 111th. Street LINE "B" 57583' Sell-Off-� O O + d 28.50 N so 10' Esml for landscaping in favor of the City of Carmel, Indiana 20' esmt for sewer line in favor of Clay Township Regional Waste District Sell—Off 15' Esmt for storm sewer in favor of Charter Arbor Indy Behavioral Health Systems, LLC. 675.76' 120' 20' esmt for gas. • line in favor of Indiana Gas Company, Inc. 240' 674.59' Seale: 1" = 120' 0 od b Sheet 1 of 2 / 2 1 \ 21 1 5507) Parcel: 63 Code: Project: 1297165 Road: 111th. ST & PENNSYLVANIA ST. County: HAMILTON Section 2 Township: 1711 Range: 3E • Owner: J.B. & M.J.M, OP INOMANA, INC. Hatched Area is the Approximate Taking Note: Centerline Stationing is English Drawn By: J.WHITESIDE Checked By: R.PERRY DES. No. 1297165 �INST. / 9709731965 INST / 9008699 INST. / 9008700 INST. / 9427142 INST. / 200300062249 JimenJonf Shown Am From The Date: 08/08/2012 Date: 08/08/2012 DATE 08/05/1997 DATE:04/18/1990 DATE: 04/15/1990 DATE: 06/i /1994 DATE: 06/27/2003 Moor listed Rerord Oon<mesis/ Exhibit "B" Right—of—Way Parcel Plat Prepared for City of Carmel By CrossRoad Engineers, P.C. Porcel Coordinate Chart(Shown. in Feet Point Centerline I Station 1 Offset I Northing 1 Eastinq 1 2 3 7 See Location Control Route Survey Plat 5501 5502 302 'A' 146+45.00 65.00' R 9185.9128 5126.5264 303 4' 146+70.00 70.00' R 9210.8311 5131.9187 J22 4' 145+75.00 65.00' R 9115.9214 5125.4262 323 A' 145+75.00 . PL(55.49' R) 9116.0709 5115.9157 304 '8' 16+00.00 65.00' R 9254.9270 5175.4357 305 9' 16+15.00 62.00' R 9257.8845 5190.4441 319 9' 16+30.00 62.00' R 9257.8421 5205.4440 320 • '9' 16+65.00 PL(40.00' R) 9279.7428 5240.5062 Note: Stations & Offsets control ov r both North & East Coordinates. and Bearings & Distances. To the best of my knowledge and belief, this plot, together with the 'Location Control Route Survey' recorded as Instrument Number 2010-015472 in the Office of the Recorder of Hamilton County, Indiono, (Incorporated and made a part hereof by reference) comprise a Route Survey executed in accordance with Title 865 Indiana Administrative Code 1-12, ('Rule 12). jLcW $/s/,z Trent E. Newport Date Reg. Land Surveyor No. 29600021 State of Indiana Sheet 2 of 2 ;[R13.55R0A40; oENGINEEHS&'P.E Transportation & Development Consultants NII 9001 mw WIDE 11 46151 (37 7W-rsss 'Parcel: Code: Project: Road: County Section Township Range: 63 Owner: J.B. & M.J.M. OF INDIANA, INC. 1297165 111th. ST & PENNSYLVANIA ST. HAMILTON 2 77N JE Hatched Area is the Approximate Taking Note: Centerline Stationing is English Drawn By: J.WHNESIDE Checked By R.PERRY DES. No. 1297165 Date: 08/08/2012 Date: 08/08/2012 INST f 9709731965 INST. Ir 9008699 INST. / 9008700 INST. / 9427142 INST. 1 200300062249 Jimensions Shown Are From The DAIS 08/01997 DATE:04 78 1990 aATE: 04/18/1990 DATE: 06/15/1994 DATE: 06/27/2003 Above lined Record 0nrumenty