1977/Carmel/Purdue/Lynwood/Util
AGREEMENT
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THIS AGREEMENT" madettlis. -24.
day of
May
'7, by 'and bet\~een THE: CITY OF CAJ!.MEL./ INDIANA (hereinafter
'erred to as "Carmel") and THE TRUSTEES OF 'PUp,DUE' UNIVERSITY
,reinafter referred to as "Purdue")
lVITNJ';SSETil:
WHEREAS, Carmel wishes to purchase .from purdue a
.tain tract of real. 'e.state congis'tirig' of 160,000 square feet
.ch. \Vas originall~ part of the'Lynnwood Farm, and title t'o
,ch is held by..the stat.,: of Indi'ana for the, use and benefit
Purdue university:, for 'use as a wat~r'wellsite;
WHEREAS, Purdue ,is, willing to cause, sa,iq prope:i'ty to
conveyed to Ca:i;mel in accord('lrc'e ~~i tt,i ~he procedure.s set:
.th in I.C. 1971, !i20-12"':S...:i et. seq~ upon .c:ej:'taiil conditions
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restrictionp as hereihafter s'et fort'h:,
NOW, THE'REFORE, for and in cohsideratiol1 of the
,mises and the conveyance by Purdue to ,Carmel of 'the re.a:l
:ate aforesaid, the pattiesh_er~by agree .as follows:
1. Purdue agrees to cause the' fP'HoWJ.ri,g-descrfbed
II estate, lo.cated in. Hcifuil:toll County,; .Indiana:
.,
A parcel' of land in theS.outhwes.t'
Quarter of the. Southwest Quarter of Sec-
tion 27, Town~hip 18 North, Range 4 East
,in' Hamilton Cq\~n.ty, :J:hCligna more ,parti'",
cularly described as follm'is.: .
Beginning at the southwest, corner o'f
Section 27 ,tnence North alo'ngthe 11e!i't
line of the, sou'th0est Quarter .of Section .
-/.;,"
27 four ,hundred (400.00) feel; thence' East
four h,mdr!,!d (400.00) feet and par,aUel to
the South line 'of the Sotfthwe't;t ,Ollarter of
Section .271 thence South four h~rd~ed
(400.00) ,feet and paralleL 'toth~Westline
of the, Southwest Quarter ofSectj.:on 27;
thence West four hundred (400,00) feeta'long
the South 'i:ine of "tl1esoutliwest 'Quader of' "
sectiort 27 to ,the point of,'beginning, con-
tainingl6 0, 00 o square feet,. ,andsubj '" ct to
any and all 'exi,s'dng highways and easements
and r,estrictiofis of record.
) be conveyed to Carmel upon the Rayment by CArmel to pu~dlie
the sum of Twent'y-t:,..,o ,ThoUsand T,hirty-eight DoBars
;22,038.00) and the, executiqn qy Garmel of this Agreement.
2., Should Carmel ever cease :to USe said real estate
mstructiori" use and' maintenance of a single water we'll in
mnection' with CaimEil,'s water "ystem, together-with ,all, neces-
try structures, equipment and roadways, :;Eor ingress and egress,
ld for no other purpose.
4. All structures ,il.nd equipl)1ent placed on the prop-
:ty by Carmel shall ,first be approved in writing by Pi:ll;due.
.
trmel shall landscape t:he< propert,y ih an attractive manner
ld ,if the adjoining property- now owned by 't,h'e StatEi of
\dianafor the use al1Cl benefit of Purdue University is'e,ver
It to other than agricu'ltural iIse, Carmel .shall screen' aii
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Iprovements on the a}6ve, re.a'l estate lna marmer acceptable
, PeuI-dile.
5. C""rinel shall maintaIn the real estate in a clean
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Id sightly manner"
6. 'Carmel grants to' Purdue ,the:dc;ihtto farm that
,rtion of the above real estate ,whiCh is., hOt reasonabcly needed
, Carmel for its well site.
7. Carmel shall indemnify and hold Purdue harmless
'om any <indall claiI1!s and damages restiltil}gfroIil,tte ownership,
,cupation, and use o"f the, above .site by Garroel. Carmel fur,ther,
lrrants an'd agrees t:hat its use ,of th~ above property as, a well
~te will not adv,",rseTy effe,ctine operatiqnof other ~~at~r wells
1 the area.
e. In the event p"urdue or .i,t:3 successors in .title
Jvelops all or any part of the. :property commohlyknovm as the
rnnwood Farm, Carmel. agrees to 'I)rovide water to the above ,tea~,
;tate at a cost n<;:> greater than thE" existing acreage develop-ment
~e of Five Dolia:t:'s ($5.00) for one, thousand '(1,000) ,sqila:t:'e feet,
)r the first one hundred (iOO) acres' :so developed..
,IN HITNE'SS WHEREOF, ~he parb;es have caused this Agree-
~nt to be executed the. day and 'year. first ~bove w:t:'itten.
rTEST:
THE TRUSTEES OF PURDQEUNIVERSITY'
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niE CITY OF CAIDlliL
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tTEST:
By C;)f~(JS 9d~"'tf--
"C) b-1:,-S-' [(()A "
f h..,,f ~ -~~p'
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IPPECANOE COUNTY
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TATE OF INDIANA
Bl'!fore me / the under.signed, a Notary PUbl"ic in and fbr,
aid Bta te and County, persdhaHy' appeared TilE TRU5TE'ES 0'1" PQiiDQE
NIVER5I'l'Y by ,Maurice G. Knov i't's 'Presid",rit 1 and
Dorie A. F'~arsr>n " its 'S'ecretary . . ,arid
cknowledged execution of the fore.going -}>;gJ;eement-,
1:f",.,.-k;';'!f. A;,.c.a~"_,'u '
Noridas R. DaiggerU I I Notary' Public;
y Commission expires;
May 12, 1 ')78
TATE OF INDIANA.
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AMILTON COUNTY
Before me, the undersigned ,!,\ N6taryPubhc ,in and for,
aid state and County, personaily appea'r",d ,;raE C:I:ry OF CARMEL by
\lhert B. Pickett " Owen 'Kern " an'l:i' ,}:r:edH6lil "
to i1"J'~r r.i tv n'f.. 'Ca:8i!cl" r.itlii Att0Tney '. ,.an'dc,H~ Engineer. '
I' respectl.ve-ry-;-'and ac nowledged 'executJ.on 2f t 1e foregol.ng
,greement,. ' . ..'. '://
,'-;;p;,o- .6ix
, Notllry Public
y'
y Commission exp:l.ros,;
{JI./ -1 S /;-? T.} )
'hirAgr~~ment w~s. prepared by
TUART, BRANIGIN, I~ICKS [,. SCHII:;LING
y: Thomas R. 'HcCully ,
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PURDUE
UNNElZSIlY OfFICE OF THE EXECUTIVE VICE,PRESIDENT
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..AND TREASURER
RECEIP'T
Received from I,he 'City of'Carmel
$Z2, 038.00 asparment 'in"full for 1.60, goo ,;'qual'e
feet (3,. ,67 aCEes) of the L'ynnwood.F'ar,m ioeated' in
Hamilton Co,!nj;y"i Iridiana'.
THE TRuSTEES OFP,QRDUEUNIVERSIT'y
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,By
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. .E ' . 'I'd, ;:rf,eas~rer
August II, 1977
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frederick:l. Hovde H,alCof Administr;31ion
West:Ljllayette,lndia''n"Aigil7
PURDUE RESEARCH FOUNDATION
WEST L"'fjo,'r'ETrE.,n.Dl~l'l" "?~07'.
Septernber 6, 1977
The Honorable. Albert 'B. PiCkett
Mayor ,
The City of Cannel
Carmel, Indi~na 46032 '.
Dear AI:
Enclosed hereyiith is a duly signed Receipt executed
by Mr. F, R. Ford,Tre,,:surer. of The Trust'ee~ of
Purdue Univer sity for: the City of Carmel's,"pa'ymentfor
160,000 square feet of .land', (-3.67 acres) on the Ly"nwood
.Farm.
Also enclosed is, an original and a'copY of the"Agreement
between The City of Carmel and The' 'Trustees: of Purdue
Univer sity fO,rlbe above-mentioned transaction., '
I am in the process of sending: the. deed ,to the. G oVe:,r nor
for his ,signature' and,hopefully, will ,be aple t6 forward
it to you within a short time.
Sincere~y,
/Jrhv
'W. 'Hentschel
:v.icePresi.dent ;J.nd' Tr.easurer
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Enclosures
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