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Carmel/Justus Investment Co/Carmel Multi Sch/Lumber Mart/Gradle Brot.AGREEMENT FOR CONSTRUCTION OF SEWER ' LUMBER MART, INC. ("Lumber Mart"), · "Town"), and GRADLE BROTHERS, INC. enter into the following Agreement concerning the The undersigned, JUSTUS INVESTMENT COMPANY ("Justus"), ~the CARMEL MULTI SCHOOL BUILDING CORPORATION (the "School"), THE TOWN OF CARMEL (the (the "Contractor"), hereby of a sewer: 1. construction Subject Matter of Transaction. Justus and Lumber Mart need a in the vicinitY of made plans for the sewer.to serve their respective properties located 126~h Street and Gray Road, and Justus has construction of such sewer. The~School is in need of having such sewer the fall of immediately completed and ready for use by 1974.' The School desires to construct such sewer and will be reimbursed for the cost of such construc- tion by Justus in accordance with this Agreement. is to be constructed in accordance With the plans Such.sewer and specifica- tions PrePared by weihe Engineers, which are incorporated herein by reference be referred to as the "Plans". 2. .Brothers, Inc., dated June 2, 1972, and shall hereinafter Contractor. The Contractor for the job is Gradte Inc. and the Contractor shall construct such sewer' on Justus property in accordance with the Plans for the sum of Twenty-eight Thousand Five Hundred Dollars ($28,500.00), to be paid by School and reimbursed by Justus, and the Contractor shall construct such sewer on Lumber Mart property in accordance · with the plans, and the cost thereof to be initially advanced byI "the School and thereafter to be apportioned between the School and Lumber Mart as a. b. follows: By School By Lumber Mart 3. Carmel's Approval. ~the construction of the sewer Plans as approved by the Town and shall at all times to the approval and acceptance.of the Town of Carmel. $ 953.00 $8,247.00 Ail work done in connection with shall be in accordance with the be subject The Town, by execution of this Agreement, acknowledges that the School is providing for the construction of the sewer. This sewer upon completion and. acceptance by the Town shall become part of the Town's sewer system for all purposes, including~ but not limited to, maintenance and repairs. ~ . 4. Payment. All work done for construction of this sewer by the Contractor or any other person shall be paid initially by the School, and upon final completion of the sewer, but before its acceptance by the Town, the Town shall be furnished suitable' bonds filed by the School made payable %o Carmel with good and sufficient surety or'proper security thereon a~ceptable to Carmel in an, amount equal to ten percent (10%) of the total contract price for the respective portions of the sewer improvement. ~Said bonds shall guarantee the construction against defects on account of workmanship, faulty material and construction for a On or before Lhe 1st day of May, sewer into the sewage system of period of three (3) years from the date of final acceptance, on approval by the Town. 5. Payment by Justus and by Lumber Mart to the School. 1975, or upon acceptance of the the Town of Carmel, whichever -2- i~ccurs later, Justus shall pay to the School the sum of Twenty- eight Thousand Five Hundred Dollars ($28,500.00), being equal to the'cost of that portion of the sewer, and Lumber Mart will pay to the School the sum of Eight Thousand Two Hundred Forty- seven Dollars ($8,247.00), being equal to the portion of the cost for that part of the sewer payable by Lumber Mart. 6.~'Right of Justus and Lumber Mart to Use Sewer. It is acknowledged by the parties, and specifically by the Town, that J~stus has paid to Carmel the sum of Ten Thousand.Eight Hundred Forty-four Dollars ($10,844.00), plus an inspection fee. of Three Hundred Dollars ($500.00), and that Justus, its successors or assigns, shall be allowed to utilize the sewer for the development of the Brookshire Condominiums, and further that all of the area described in Exhibit "A", attached hereto and m~de a part hereof, which is owned or controlled by Justus ar Lumber Mart will be allowed to utilize this sewer and the Carmel sewer syst~ at any time in the future upon payment to the Town of any other appropriate and necessary charges. Upon payment to the Town of Carmel of appropriate charges, Lumber Mart shall also be privileged to use 7. Scope of Work. with said sewer. The Work shall be done in accordance the detailed plans and specificationS prepared by Weihe Engineering, Inc. Justus School and Contractor the construction of the sewer. make available such easements as in effect.' and Lumber Mart hereby grant the right to enter upon their property for Justus and Lumber Mart agree to are necessary to put the sewer -3- ~ 8. Time the Work is to be Done. The contract for the construction of the sewer shall be let immediately and the work commenced as soon as is reasonably possible. 9. ~ndemnity. The Contractor hereby agrees to defend and save harmless against any and all claims, demands, actions, and cause of action, loss or expense of any nature or kind what2 soever at any time asserted against the School, Justus, Lumber Mart or the Town for any damage to real or personal property or injuries received or death sustained by any person or persons arising out of or in any way connected with the location, install- ation and construction of said sewer prior to its acceptance by carmel. 10. Miscellaneous. This Agreement shall be binding upon the parties, their personal representatives, successors and assigns. Each party agrees to execute such other documents and take such other steps as are necessary to implemenh this Agreement. EXECUTED this 3 ~day of {~ · ., 1974. · SCHOOL THE TOWN OF CARMEL · CA~4EL MULTI BUILDING the "Town" the "School" ~/ the "Contractor "Lumber Mart" -4- . .P. ar, t of orthe Q{lai-ter of Section 32, nsh 18 North, Range East in Hamilton County, Indiana, more particularly described as follows: Beginning at a point on the East'line of the Northeast Quarter of Section 32, Township 18 North, Range 4 East which is 600.00 feet South 00° 00'00" (ass~ned bearing) of the Northeast corner of said Northeast Quarter; thence North 89040'30'' West parallel with the North line of said Northeast Quarter 600.00 feet; thence North 00°00'00" parallel with the East line of said Northeast Quarter.600.00 feet to the North line thereof; thence North ~89040'30'' West on and along aforesaid North line 450.00 feet to the North- east corner of Brookshire, First Section, as recorded in Plat Book 3, page 108 in the Office of the Re~order of Hamilton County, Indiana; thence ~ South 00o00'00" on and along the East line of said Brcokshire, First Sec- tion and Bro6kshire, Section l-A, as recorded in Plat Book 3, page 144 in the Office of the Recorder of Hgmi~ton County, Indiana; 1250.00 feet; thence South 38000'00'' West on and along the Southeasterly lines of Brook- shire, Section 1-A and Brookshire, First Section, 677.40 feet to the Northernmost corner of Lo~ 184 in Bro0kshire, Second Section, as recorded. in Plat Book 3, page ll6,'in the Office of the Recorder of Hamilton County, Indiana; thence South 52~00'00'' East on and along a Northeasterly line of Brookshire, Second Section and the extension thereof, 1290.64 feet; thence South 89040'30''. East parallel with the North line of said Northeast Quarter 450.00 feet to the East line thereof; thence North 00000'00`' on and along aforesaid East line 1975.00' feet to the place of beginning, con- taining 54.71 acres, more or less. ALSO the area labeled "pedestrian mall" on the plat of Brookshire., Second Section, as recorded in Plat Book 3, page 116 in the Office of the Recorder of Hamilton County, Indiana, which pedestrian mall lays between said 54.71 acre tract and Brookshire Parkway. EXCEPTING T}~REFROM THE FOLLOWING DESCRIBED REAL ESTATE: Part of the Northeast Quarter. of Section 32, Township 18 North, Range 4 East in Hamilton County, ~ndiana, more particularly described as follows: Beginning at a point on the North line of the Northeast Quarter of Section 32, Township 18 North, Range 4 East which is 600.00 feet North 89° 40'30" West (assumed bearing) of-the I.~ortheast corne~ of said Northeast Quarter; thence North 89~40'30" West on and along aforesaid North line 450.00 feet to the Northeast corner of Brooksh%re, First Section, as re- corded in Plat Book 3, page 108, in the Office of the Recorder of Hamil- 'ton County, Indiana; thence South 00000'00''. on and along the East line of said Brookshire, First Sectio~ and Brookshire, Section l-A, as recorded in Plat Book 3, .page 144, in the Office of the Recorder of Hamilton County, Indiana, 1250.00 feet; thence South 38000'00" West on and along the Southeasterly line of Brookshire, Section l-A, 95.27 feet; thence South 52°00'00" East 310.00 feet; thence North 38o00'00" East 152.26 feet; thence North 90000'00'' East 299.94 feet; thence North 00°00'00'' 397.07 feet; thence North 90000'00'' West 129.33 feet; thence North 00000'0.0'' 99~.33 feet to the place of beginning, containing 16.00 acres, more or less. EXHIBIT "A" · Part of the Northeast Quarter of Section 32, Township 18 North, Range 4 East in Hamilton County, Indiana, more particularly described as follows:- Beginning at the Northeast corner of the Northeast Quarter of Section 32, Township 18 North, Range 4 East; thence South on and along the East line of said Northeast Quarter 800 feet; thence West parallel with the North line of said Northeast Quarter 600 feet; thence North parallel with the East line of said Northeast Quarter 600 feet; thence East on and along the North line of said Northeast Quarter 600 feet to the place of beginning, ¢on~ainipg 8.3 acres, more or less. Also; Southeast Quarter Section 29, Township 18 North, Range 4 East in Hamilton County, Indiana containing' 160 acres, more or less. ........... .................... _