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Cost Sharing Agreement/Gregory and Christine Hendricks/5970 Heaton PassCOST SHARING AND MUTUAL RELEASE AGREEMENT JAS This Agreement entered into by Gregory and Christine Hendricks, (the "Homeowners") and the City of Carmel, Indiana (the "City"), by and through its Board of Public Works and Safety. RECITALS WHEREAS, the Homeowners own property located at 5970 Heaton Pass, Carmel, Indiana 46033 (the "Property"); WHEREAS, seven trees located within the adjoining right of way of the Property must be removed and replaced (the "Trees"); WHEREAS, the City has entered into a Contract with Angel Oak Tree, ("the Contractor") for the Contractor to remove the Trees and their stumps at a total cost of Two Thousand Two Hundred Forty Five Dollars ($2,245.00); WHEREAS, the City estimates that it will cost approximately One Thousand Nine Hundred Eighty Eight Dollars ($1,988.00) to replace the Trees with new trees (the "Replacement Trees"); WHEREAS, there is substantial damage to the sidewalks adjacent to the Property due to the Tree roots which will also require repair and reconstruction (the "Sidewalk Reconstruction") WHEREAS, to settle all disputes and claims associated with the Trees, the Homeowners and the City have agreed to enter into this Agreement; THEREFORE, IN CONSIDERATION OF THE PREMISES AND THE MUTUAL COVENANTS AND OBLIGATIONS CONTAINED HEREIN, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: XAjoherlander\Contract0970 Heaton Pass Tree Removal Cost Sharing Agreement Revised City Final.docx i I . The City agrees to enter into a contract with the Contractor to remove the Trees and stumps consistent with reasonable arborist and landscaping practices. 2. The City agrees to enter into a contract with a reputable landscape company for the purchase and planting of the seven (7) Replacement Trees, which is to include an acceptable warranty. The City agrees to allow the Iomeowners to work with the Urban Forester in the selection of the species of the Replacement Trees. 3. The parties agree that the design, scope, implementation, and contract administration of the removal of the Trees and the planting of the Replacement Trees is the sole responsibility of the City. It is further agreed that the City will exclusively own the Replacement Trees. 4. The Homeowners agree to pay one-half of cost for the removal of the Trees and stumps, and for the planting of the Replacement Trees, but not to exceed $2,116.50 (the "Homeowners Reimbursement"). 5. The Homeowners will pay the Homeowners Reimbursement to the City within 30 days of receiving a detailed invoice from the City for the removal of the Trees and stumps, and the planting of the Replacement Trees. 6. The City further agrees to retain Featherston Concrete (who has done extensive repair work in the neighborhood) or a reputable contractor agreed upon by the City and the Homeowners to complete the Sidewalk Reconstruction and pay all costs associated with the Sidewalk Reconstruction. 7. The Homeowners agree to indemnify and hold harmless the City for any and all liability which might result from the replacement and removal of the Trees and stumps, the planting of the Replacement Trees, and from any and all claims that may be brought against the X:\joberlander\Contracts15970 Heaton Pass Tree Removal Cost Sharing Agreement Revised City Final.docx f A Homeowners or the City arising out of the design, implementation and conclusion of the Tree and stump removal and planting of the Replacement Trees, excepting for the negligence of the City, the Contractor and/or the contractor making the concrete repairs. 8. This Agreement is being entered into to settle and resolve any and all claims that the parties may have against each other with respect to the Trees and/or the disputes between the parties related thereto. All parties hereto release the other parties to the Agreement from any and all from any and all past, present or future claims, causes of action, suits, debts, accounts, contracts, demands, agreements, controversies, judgments, obligations, damages and liabilities of any nature whatsoever, whether or not now known, suspected, or claimed, based upon, arising out of, or relating to the planting, pruning, removal or replacement of the Trees and further agree that they will not institute or prosecute any action, proceeding, lien or claim arising out of the pruning, removal or replacement of the Trees. 9. This Agreement shall represent the complete agreement of the parties, and any amendment or other modification to the terms of this Agreement shall not be enforceable unless such amendment is in writing and approved in writing by all parties. ALL OF WHICH IS AGREED by and between the parties on the dates set out herein. APPROVED by Gregory and Christine Hendricks, this �g ^day of P a ► l* , 2017. HO RS By: Gregory He cks Christine Hendricks ATTEST: C:\Users\Christine\AppData\Local\Microsoft\WindowsUNetCache\Content.OutlookWOW7UD4K\5970 Heston Pass Tree Removal Cost Sharing Agreement Revised City Final- C2.DOCX Approved and Adopted this da of PP P � Y , 204. CITY OF CARMEL, INDIANA By and through its Board of Public Works and Safety BY: ^ JameBrainard, Pr idii Officer Date: JP Mary An,/,,Aurke, Member Date: —J % Lori S. at n, Mem b r Date: I 0 hrist' S. Pauley, rk-Trea rer V Date: X:\joberlander\Contracts\5970 Heaton Pass Tree Removal Cost Sharing Agreement Revised City Final.doex