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Construct Off Site Utility Improvements - Carmel Clay Schools89097.9 ASSIGNMENT AND DEDICATION OF UTILITY IMPROVEMENTS UNDER AN AGREEMENT TO CONSTRUCT OFF -SITE UTILITY IMPROVEMENTS THIS ASSIGNMENT AND DEDICATION is made by CARMEL CLAY SCHOOLS OF HAMILTON COUNTY, INDIANA, (the "School ") and CARMEL CLAY ELEMENTARY SCHOOL BUILDING CORPORATION (the "Building Corporation "), this 1/ day of February, 1989; W I T N E S S E T H: WHEREAS, the School entered into an "Agreement to Construct Off -Site Utility Improvements" dated February 15, 1988, with the City of Carmel (the "City ") wherein the School agreed to construct and install new trunk and /or interceptor sewers and water mains (the "Improvements ") as determined by the City's master utility plan and direction and as set forth in detailed plans and specifications prepared by Samuel L. Moore & Associates, Inc. dated January 18, 1988, and WHEREAS, the Improvements installed under the above referenced Agreement are regarded as a benefit to the City pursuant to the terms of Ordinance S -41 and A -41, as amended by Ordinance A -51, of the City, and WHEREAS, the School entered into a License Agreement with the Building Corporation on May 9, 1988, whereby the Building Corporation was granted authority to construct the Improvements for the School's use and benefit under a Lease between the School and the Building Corporation dated March 2, 1988, and WHEREAS, the School has completed the construction and installation of the Improvements in accordance with said approved plans and has provided the City with certified record construction drawings, and WHEREAS, the Improvements have been tested to the satisfaction of the City and the City is in a position to accept an assignment and dedication of such Improvements. NOW THEREFORE, for good and sufficient consideration CARMEL CLAY SCHOOLS OF HAMILTON COUNTY, INDIANA and CARMEL CLAY ELEMENTARY SCHOOL BUILDING CORPORATION do hereby grant, assign and dedicate unto the CITY OF CARMEL, acting by and through its Board of Public Works, all sewers, water mains, appurtenances and related improvements constructed and installed pursuant to the Agreement referenced herein and more particularly described in the certified record construction drawings dated ;Ied. / 1989 which are transmitted herewith and incorporated herein by reference. This instrument Shama K. Cherry, � herry ,Si�G�it;�f.i'sc.irlli�C�;l ASSIGNMENT AND. DEDICATION Executed this 2.8 a day of February, 1989. CARMEL CLAY ELEMENTARY SCHOOL BUILDING CORPORATION M. E1 ` abeth Crosly, STATE OF INDIANA ) SS: COUNTY OF HAMILTON ) cretary Page 2 CARMEL CLAY SCHOOLS OF HAMILTON COUNTY, INDIANA BY: &el, c i� on R. Schmidke, Ph.D Pr ident Phil Secretary Before me, the undersigned, a Notary Public in and for said County and State, personally appeared Jon R. Schmidke, Ph.D. and Philip N. Eskew, Jr., M.D., personally known to me to be the President and Secretary, respectively, of the Board of School Trustees of Carmel Clay Schools and acknowledged the execution of the foregoing Assignment and Dedication, for and on behalf of said school corporation. 4L Witness my hand and Notarial Seal this aZS day of 1—ke CL 'L- , 1989. My Commission Expires: ktw,e -w c (� Notary Public C Ct-bG : AV, 1 Q Z Printed: -OSF y- P . 1-71-5=edc.ic Resident of t cj-04,,u D tz; -\ County STATE OF INDIANA ) SS: COUNTY OF HAMILTON ) Before me, the undersigned, a Notary Public in and for said County and State, personally appeared C. Wayne Phelps and M. Elizabeth Crosly, personally known to be the President and Secretary, respectively, of the Board of School Trustees of Carmel Clay Elementary School Building Corporation and acknowledged the execution of the foregoing Assignment and Dedication.,.. for and on behalf of said school corporation. Witness- my hand and Notarial Seal this 2 - day of F.C: ,,k.+u an - , 1989. O �°'• Commistsiop-Expires: • 0 Notary Public T Printed: �OsE HA4zA P. LA `(C-0 c_j Resident of {d-ct y < (s--v ,-\ County ASSIGNMENT AND DEDICATION CONSENT AND ACCEPTANCE Page 3 The City of Carmel, Indiana, acting by and through its Board of Public Works, does hereby consent to and accept the Assignment and Dedication of Utility Improvements subject only to (i) the continuing obligations of the School under the February 15, 1988 Agreement to Construct Off -Site Utility Improvements; (ii) ordinances and regulations of the City and (iii) the School and Building Corporation's obligation to enforce the warranties granted by the construction contract for the benefit of the Owner of the Improvements. Executed this day of March, 1989. ATTEST: 7/Silsan Jones, C1erk.Treasurer This Instrument Recorded CARMEL BOARD OF PUBI. W'�7i$�{S li s. .ia q.gck f t I Step en Spaug William McFadden 9-15 1989 Sharon K. Cherry, Recorder, Hamilton County, IN l(5 7g 3 Cc) 1' L.