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Gray/Main/Brookshire Pkwy - Foster Grove HOA A FORA BYa Instrument CONSENT TO ENCROACHMENT 70971 562 9709714 THIS CONSENT TO ENCROACHMENT "Agreement is hereby made and entered into by and between the Foster Grove Homeowner's Association, Carmel, Indiana "First Party and the City of Carmel, Hamilton County, Indiana, by and through its Board of Public Works and Safety "City WITNESSETH: WHEREAS, First Party is a homeowner's association consisting of owners of real estate in the subdivision commonly known as Foster Grove, located in the City of Carmel County of Hamilton, State of Indiana; and WHEREAS, First Party wishes to perform landscaping, install lighting and construct signs (collectively, the "Signs within the Foster Grove Subdivision "Subdivision at the following locations: 1. The northwest corner of Gray Road and Briarwood Trace; 2. The northwest corner of Main Street and Brookshire Parkway; and, 3. The northwest corner of Main Street and Hazelwood Drive; and WHEREAS, First Party has presented a sketch "Sketch depicting the Foster Grove Subdivision and the Signs, a copy of which is attached hereto and incorporated herein by this reference as Exhibit A; and WHEREAS, the Signs will benefit City by providing more aesthetic entrances to the Subdivision; and WHEREAS, there is located along each of the aforementioned thoroughfares a right -of -way "Right -of- Way which is dedicated to City; and WHEREAS, each Right -of -Way benefits City; and WHEREAS, as is indicated on the Sketch, the Signs will encroach upon one or more Right -of -Ways (collectively, the "Encroachments which Encroachments are indicated on the Sketch; and WHEREAS, First Party and City acknowledge the location of the Encroachments; and 9709715624 Filed for Record in HAMILTON COUNTY, INDIANA MARY L CLARK On 04 -24 -1997 At 03 :08 pm. ENCROACHMNT 15.00 4 es gc• 0 WHEREAS, First Party and City agree that the terms of this Agreement shall be binding upon and inure to the benefit of their respective heirs, administrators, successors and assigns. NOW, THEREFORE, for and in consideration of the mutual covenants and agreements herein contained and other good and valuable consideration, the sufficiency and receipt of which is hereby acknowledged, the parties hereto now mutually promise, agree and covenant as follows: 1. The foregoing preambles, recitations and definitions are made a part hereof as though such were fully set forth herein. 2. City hereby consents to the Encroachments for only so long as the Encroachments exist. 3. First Party hereby covenants and agrees not to extend nor increase the Encroachments beyond that which is indicated on the Sketch. 4. First Party hereby agrees that City shall have the right to remove any portion of the Signs as it deems necessary, in its sole discretion, to protect and /or repair utility and /or sewer lines contained within any Right -of -Way. 5. First Party hereby agrees to indemnify and hold harmless City, its officers, officials, members, employees, invitees, licensees and agents, from and against any and all losses, liabilities, claims, judgments, costs (including, but not limited to, attorney fees and court costs) and damages, including, but not limited to, bodily injury, death and destruction of property, occurring at or in the immediate vicinity of the Signs and resulting directly or indirectly from City's or any other person's acts within any Right -of -Way. 6. First Party hereby agrees to record this Agreement in the Office of the Hamilton County Recorder and to provide to City copies of the Agreement bearing such recordation information within five (5) business days of the execution of same by the parties hereto. 7. The parties represent and warrant that they are each authorized to enter into this Agreement and that each party executing same has the authority to bind the party which it represents. 0 14 1 0 0 0 IN WITNESS WHEREOF, First Party and City have entered into this Agreement as of the date on which the last of the parties hereto executes same. Foster Grove Homeowner's Association City of Carmel, Indiana "First Party "City BYE i� I• In p ln�Q P-, V e- k.�'�%� —z, By: James Brainard, Mayor Date: Printed Name \nor)dda 1 €c,Ai1�� A F 44 Title: Rc i C.t�,- Ct c 1_,ori at ;on Member alv-uc svv-zc5 P►SS 6 C B; e "T cd Date: 3 D-- 91 .r7. Billy calker, Member Date: &i ,/,a47 ATTEST: ici e „„v„,, t e6),.) 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