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Shelborne Park, LLC/UtilitiesWATER REIMBURSEMENT AGREEMENT BETWEEN THE CIT~ OF CAR~EL, INDIANA AND APPROVED, AS TO SHELBORNE PA~E, LLC. FORM This Agreement is entered into by and between the City of Carmel, Indiana by and through its Board of Public Works and Safety (hereinafter "City") and Shelborne Park, L.L.C., an Indiana Limited Liability Corporation (,,Shelborne Park"), on this ~ day of ~~_~' 2002. WITNESSETH: WHEREAS, the City had duly adopted and enacted City Code Chapter 9, Division II, Sections 9-25 through 9-44 (collectively, the ,,Ordinance") that provides, in relevant part, reimbursement from the ,'Water Availability-Mains funds expended to extend and/or oversize the water distribution system, as well as the method of reimbursement; and WHEREAS, Shelborne Park desires to extend the water distribution system for Section i of its Shelborne Park Subdivision, located in Clay Township, (the "Development") as follows: A: Construction Materials 1. Extend 920 ft of 8" D.I. 2. for the Fund" of private Hamilton County, Indiana, Main Install 2 Fire Hydrants with T's Total $ 27425.20 $ 3534.99 $ 30,960.19 As per Certified Construction Drawings from Stoeppelwerth & Associates on file in the Department of utilities entitled 1 "Shelborne Park, Section 1", and approved on August 22, 2002); and WHEREAS, pursuant to and in accordance with the Ordinance, Shelborne Park desires to receive a reimbursement from the City for such reimbursable monies it has expended on the Development. NOW THEREFORE, the parties agree as follows: 1. The foregoing Recitals are incorporated herein and made a part hereof by this reference. 2. This Agreement is entered into subsequent to the completion of the construction of the Development. 3. Shelborne Park has or shall advance the sum of Thirty Thousand Nine Hundred Sixty Two and 19/100 Dollars ($ 30,969.19) to or on behalf of the City to pay for the extension of the trunk water distribution system to the Development (the '~ater Extension"), the description of which water extension is as follows= Water Main extension for Shelborne Park, Section 1, to include 920 linear feet more or less of 8-inch ductile iron water main, valves, tees, and all other necessary and customary equipment and fixtures and structures. The City has determined that the above expenditure ,,Reimbursement Amount") (the is necessary and appropriate to 2 provide water to adjacent real estate and to meet the requirements of the City. The City and Shelborne Park agree that the Reimbursement Amount to be paid to Shelborne Park hereunder shall be paid directly by City to Shelborne Park. The parties agree that the Reimbursement Amount shall be paid solely from the "City's Water Availability-Mains Fund" as established by acreage availability charges assessed by the Ordinance. The parties agree that the City's sole obligation hereunder shall be to repay the Reimbursement Amount or such portion of same as may be available for payment from those monies that are deposited in the "Water Availability-Mains Fund", in accordance with the payment provisions set forth in the Ordinance, and that the City does not incur any liability whatsoever for the repayment of the Reimbursement Agreement other than from such funds as are properly available under the Ordinance from monies deposited in the "Water Availability-Mains Fund". Subject to the terms of the Ordinance and this Agreement, partial payment of the Reimbursement Agreement from the 'Water Availability-Mains Fund" to Shelborne Park (as requested herein by Shelborne Park) shall be made on a 3 10. quarterly basis. Such payments to shall be prior to any payments from the "Water Availability-Mains Fund" being made to any other persons pursuant to similar agreements entered into subsequent to the date of this Agreement. The City does not guarantee advanced funds referenced reimbursed. This Agreement is for the benefit of Shelborne Park that the herein will be fully only, and creates no third-party rights for Park or any other person or entity whatsoever. the parties hereto Shelborne Shelborne Park may, upon written request to City, addressed to Carmel Water Utilities Director, Job_n Duffy, with a copy to Carmel City Attorney, Douglas Haney, direct that only or all of the Reimbursement Agreement be paid to a significant entity other than Shelborne Park, and, upon receipt of such notice, the City will take reasonable efforts to comply with such payment directions. Shelborne Park agrees to comply with all federal, state and local laws, executive orders, rules, regulations, and codes which are applicable to Shelborne Park's performance of its obligations under this Agreement, and all relevant provisions thereof are incorporated herein by this reference. Shelborne Park agrees to indemnify 4 11. 12. and hold harmless City from any and all losses, damages, costs, attorney fees and/or liabilities resulting from any violation by Shelborne Park and/or its employees or agents of any such law, order, rule, regulation or code. This indemnification obligation shall survive the termination of this Agreement. 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, as well as by all City ordinances and codes. The parties further agree that, in the event a lawsuit is filed hereunder, they agree to file any such lawsuit in an appropriate court in Hamilton County, Indiana only, and agree that such court is the appropriate venue for and has jurisdiction over same. Shelborne Park shall indemnify and hold harmless City and its officers, officials, employees, agents, and assigns from any and all losses, liabilities, claims, judgements and liens, including, but not limited to, all damages, costs, expenses and attorney fees arising out of any intentional or negligent act or omission of Shelborne Park and/or any of its employees or agents, of its and/or outside contractors, in the construction and operation 5 13. 14. of the Development and/or, performance of this Agreement. obligation shall survive the Agreement. Shelborne Park represents the Water Extension, in the This indemnification termination of this and warrants that it and each of its employees, agents, contractors and shall comDly with all laws State of Indiana and City against any employee, applicant subcontractors of the United States, the prohibiting discrimination for employment and/or other person in the subcontracting of work and/or in the performance of any work on the Development and/or the Water Extension, as are contemplated by this Agreement, with respect privileges of to hire, tenure, terms, conditions or employment or any matter directly or indirectly related to employment, subcontracting or work performance hereunder, because of race, religion, color, sex, handicap, national origin, ancestry, age, disabled veteran status or Vietnam era veteran status. The City reserves the right to collect a penalty as provided in IC5-16-6-1 for any person so discriminated against. This indemnification obligation shall survive the termination of this Agreement. Shelborne Park shall not cause or permit the filing of 6 15. 16. 17. any lien on any of City's property. lien is filed and within thirty (30) payment or bonding, such lien or obtain such bond, sole cost and expense. In the event such a Shelborne Park fails to remove it days of its filing date thereof, by the City shall have the right to pay all at Shelborne Park's If any provision or portion of this Agreement is held to be invalid, illegal or unenforceable by a court of competent jurisdiction, that provision or portion shall be stricken, and all other provisions of this Agreement which can operate independently of same shall continue in full force and effect. The City and Shelborne Park, and their respective officers, officials, agents, partners, successors and assigns, are bound to the other and to the others' officers, agents, partners, successors and assigns, in all respects as to all terms, conditions and obligations of this Agreement. This Agreement contains the entire agreement of and between the parties hereto with respect to the subject matter hereof, and no prior agreement, understanding or representatlo pertaining to such subject matter, written or oral, shall be effective for any purpose. No 7 provision of this Agreement may be amended, added to or subtracted from except by a written agreement signed by both parties hereto and/or their respective successors in interest. 18. Each party hereto represents and warrants that it is authorized to enter into this Agreement and that any person or entity executing this Agreement on behalf of such party has the authority to bind such party or the party which they represent, as the case may be. IN WITNESS WHEREOF the parties have executed this Agreement on the date first above written. SHELBORNE PARK, LLC CITY OF CARMEL, INDIANA, by and through its Board Public Works and Safety of BY: Prin%ed Name Title BY: r ~_~es Br~nard Dante: ATTEST: ~ -- ~ '1 ~.~ -- Diana Cordray, IAMC, Clerk- Treasurer Date: /O '3-O'~