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HomeMy WebLinkAboutCFA _ WA _ Rainier Ave & 3rd (#04249) _ Temporary Construction and Utility Easement (Fred Meyer) [Executed]38075092 Prepared by and after recording return to: Troutman Sanders LLP 600 Peachtree Street NE Suite 3000 Atlanta, Georgia 30308 Attn: Michael H. Wall, Esq. TEMPORARY CONSTRUCTION AND UTILITY EASEMENT AGREEMENT Grantor:Fred Meyer Stores, Inc., an Ohio corporation Grantee:Chick-fil-A, Inc., a Georgia corporation Abbreviated Legal:a portion of Lot 1, City of Renton Amended Short Plat No. LUA-000254 Full legal descriptions on Exhibits A and B Tax Parcel Nos:000720-0149 (benefitted parcel) 000720-0151 (benefitted parcel) 000720-0215 (benefitted parcel) 000720-0209 (burdened parcel) Reference No. N/A THIS TEMPORARY CONSTRUCTION AND UTILITY EASEMENT AGREEMENT (this "Agreement") is entered into as of this ____day of ______________, 2019, by and between FRED MEYER STORES, INC., an Ohio corporation ("Grantor"), and CHICK-FIL-A, INC., a Georgia corporation ("Grantee"). RECITALS: A.Grantor is the owner of the real property described on Exhibit "A", attached hereto and incorporated herein (the "Grantor Property"). B.Grantee is the ground tenant of the real property described on Exhibit "B", attached hereto and incorporated herein (the "Grantee Property"), pursuant to that certain Ground Lease dated February 9, 2018, between Nelson Gould LLC, a Washington limited liability company, as landlord, and Grantee, as tenant, as such Ground Lease has been, or as it may in the future be, amended from time to time (the "Lease"). C.In connection with Grantee's planned development of the Grantee Property, Grantor has agreed to grant certain easements over portions of the Grantor Property on the terms and conditions contained in this Agreement. December18th 38075092 NOW, THEREFORE, in consideration of Ten and No/100 Dollars ($10.00), the premises, the mutual benefits to be derived by the provisions of this Agreement, and other good and valuable consideration, the receipt, adequacy and sufficiency of which are acknowledged by the parties to this Agreement, Grantor and Grantee hereby covenant and agree as follows: 1.Recording and Condition. This Agreement will be binding on Grantor and Grantee as of the date that this Agreement is fully executed, but the effectiveness of the terms and provisions of this Agreement, including the grant of the Construction Easement and Utility Easement (as defined below), is conditioned on the commencement of the Lease (the "Commencement Date"). This condition will be automatically satisfied upon the recording of a short form lease or memorandum of lease relating to the Lease in the real property records of King County, Washington (the "Records"). After recording the short form lease or memorandum of lease, Grantee is authorized to record this Agreement in the Records. If the Commencement Date does not occur on or before December 31, 2020, this Agreement automatically will expire and be of no further force or effect. 2.Temporary Construction Easement. Grantor hereby grants and conveys to Grantee, for the benefit of the Grantee Property, a temporary construction easement (the "Construction Easement") over and across the portion of the Grantor Property identified as the "Temporary Easement Area"on Exhibit "C" for the purpose of paving, resurfacing and/or improving the drive aisle in the Temporary Easement Area (the "Paving Work"). Grantee agrees that any such construction shall be performed at Grantee's sole cost and expense and in a good and workmanlike manner so as to minimize any interference with the business on the Grantor Property. The Construction Easement provided in this Section 2 will terminate on the earlier of (i) the completion of the Paving Work, or (ii) one (1) year after the Commencement Date. 3.Utility Easement. Grantor hereby grants and conveys to Grantee, for the benefit of the Grantee Property, a non-exclusive easement under, over and across the portion of the Grantor Property identified as the "Utility Easement Area" on Exhibit "D"for the purpose of installing, operating, maintaining, repairing and replacing one (1) water line to serve the improvements located on the Grantee Property (the "Utility Easement"). The Utility Easement will include the right to tie into any water lines and facilities that presently exist in the Utility Easement Area. Grantee agrees that any work within the Utility Easement Area shall be performed in a good and workmanlike manner so as to minimize any interference with the business on the Grantor Property. Grantee will coordinate the timing of the performance of any work within the Utility Easement Area with Grantor. In no event shall Grantee block off Grantor’s access to and from the Grantor Property via Renton Center Way in connection with Grantee's use of the Utility Easement. Additionally, Grantee will restore any improvements on the Grantor Property that are disturbed by the work performed by Grantee in the Utility Easement Area to the condition in which they existed prior to such work being performed. 4.Running with the Land. Subject to the termination provisions in Section 2, the easements established in this Agreement are intended to and shall run with the land, and the benefits and burdens of the easements shall pass to the heirs, successors and assigns of the parties, in and to their respective properties burdened and benefitted by the easements. Any and all use of the Temporary Easement Area and Utility Easement Area by Grantee shall be in accordance with applicable laws, codes, regulations and ordinances. 5.Indemnity. (a)Grantee shall not permit any mechanic's or materialmen's lien to be filed against the Grantor Property as a result of the work performed or materials furnished by Grantee in connection with 38075092 the Construction Easement or Utility Easement, and shall defend, indemnify and hold Grantor harmless for, from and against any claim, loss, or liability on account of any such claim of lien. (b)Grantee shall defend, indemnify and hold Grantor harmless for, from, and against any claim, loss, or liability to the extent arising out of or resulting from (i) Grantee’s (or its employee’s, agent’s, tenant’s, contractor’s or invitee’s) use of the Temporary Easement Area and Utility Easement Area; or (ii) Grantee’s failure to comply with the terms of this Agreement. 6.Insurance. Grantee shall procure and maintain, or cause to be procured and maintained, commercial general liability insurance against claims for personal injury (including contractual liability), death, or property damage, with single limit coverage of not less than an aggregate of Three Million Dollars ($3,000,000.00) including umbrella coverage, if any, and naming Grantor as additional insured. The coverage required in this Section 6 may be subject to a self-insured retention or may be satisfied via self- insurance, so long as the self-insuring party maintains a tangible net worth of at least One Hundred Million Dollars ($100,000,000.00). On the Commencement Date and when requested by Grantor thereafter, Grantee shall provide, or cause to be provided, to Grantor an insurance certificate evidencing the insurance requirements above. The insurance may not be cancelled without thirty (30) days prior written notice to Grantor. 7.Miscellaneous. If any legal proceeding is instituted by either of the parties to this Agreement arising out of or pertaining to this Agreement, including but not limited to arbitration, and appeals and collateral actions relative to such suit or proceeding, the substantially prevailing party shall be entitled to recover its reasonable attorneys’ fees and all costs and expenses from the substantially non- prevailing party, in addition to such other available relief. This Agreement may not be modified or amended without the prior written approval of both parties hereto, or their respective successors and assigns. This Agreement shall be interpreted and construed under and governed by the internal laws of the State of Washington without regard to choice of laws provisions. This Agreement may be executed in counterparts, and each counterpart hereof shall be deemed to be an original instrument, but such counterparts together shall constitute but one agreement. [Signatures commence on following page] 38075092 EXHIBIT "A" DESCRIPTION OF THE GRANTOR PROPERTY LOT 1, CITY OF RENTON SHORT PLAT SHPL FILE NO. LUA16-000254, RECORDED NOVEMBER 8, 2016 IN VOLUME 353 OF SHORT PLATS, PAGES 282-283, AS RECORDING NO. 20161108900006, AS AMENDED BY INSTRUMENT RECORDED DECEMBER 12, 2016 UNDER RECORDING NO. 20161212900010, IN KING COUNTY, WASHINGTON. 38075092 EXHIBIT "B" DESCRIPTION OF THE GRANTEE PROPERTY PARCEL I: A TRACT OF LAND SITUATED IN THE SOUTHEAST QUARTER OF SECTION 18, TOWNSHIP 23 NORTH, RANGE 5 EAST OF THE WILLAMETTE MERIDIAN, IN KING COUNTY, WASHINGTON, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT A POINT OF INTERSECTION OF THE CENTER LINE OF STATE HIGHWAY NO. 5 AND THIRD AVENUE IN THE CITY OF RENTON PRODUCED WESTERLY;THENCE SOUTHERLY, ALONG THE CENTERLINE OF SAID STATE ROAD, 288.18 FEET;THENCE SOUTH 75°53'00" WEST 223.15 FEET TO THE TRUE POINT OF BEGINNING;THENCE SOUTH 19°56'20" EAST 224.70 FEET;THENCE AT RIGHT ANGLES THERETO, NORTH 70°03'40" EAST 41.31 FEET; THENCE NORTH 19°56'20" WEST 219.37 FEET;THENCE SOUTHWESTERLY 41.65 FEET TO THE TRUE POINT OF BEGINNING. PARCEL II: LOT 2, CITY OF RENTON SHORT PLAT SHPL FILE NO. LUA16-000254, RECORDED NOVEMBER 8, 2016 IN VOLUME 353 OF SHORT PLATS, PAGES 282-283, AS RECORDING NO. 20161108900006, AS AMENDED BY INSTRUMENT RECORDED DECEMBER 12, 2016 UNDER RECORDING NO. 20161212900010, IN KING COUNTY, WASHINGTON. PARCEL III: A TRACT OF LAND SITUATED IN THE SOUTHEAST QUARTER OF SECTION 18, TOWNSHIP 23 NORTH, RANGE 5 EAST OF THE WILLAMETTE MERIDIAN, IN KING COUNTY, WASHINGTON, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT A POINT OF INTERSECTION OF THE CENTER LINE OF THIRD AVENUE IN THE CITY OF RENTON PRODUCED WESTERLY AND STATE HIGHWAY NO. 5;THENCE SOUTH 21°31'00" EAST ALONG THE CENTER OF SAID STATE HIGHWAY NO. 5, A DISTANCE OF 86.48 FEET;THENCE SOUTH 75°53'00" WEST 197.18 FEET;THENCE SOUTH 14°07'00" EAST 200 FEET TO THE TRUE POINT OF BEGINNING OF THE TRACT HEREIN DESCRIBED;THENCE NORTH 75°53'00" EAST 192.90 FEET TO THE WESTERLY MARGIN OF SAID STATE HIGHWAY;THENCE SOUTH 19°56'20" EAST ALONG SAID WESTERLY MARGIN 100.00 FEET TO A POINT WHICH BEARS SOUTH 19°56'20" EAST 388.18 FEET AND SOUTH 77°25'10" WEST 30.25 FEET FROM THE POINT OF INTERSECTION OF THE CENTER LINES OF SAID THIRD AVENUE PRODUCED WESTERLY AND STATE HIGHWAY NO. 5;THENCE SOUTH 70°03'40" WEST AT RIGHT ANGLES TO SAID STATE HIGHWAY, 150.00 FEET;THENCE AT RIGHT ANGLES AND PARALLEL WITH SAID STATE HIGHWAY SOUTH 19°56'20" EAST 100.00 FEET; THENCE AT RIGHT ANGLES SOUTH 70°03'40" WEST 41.31 FEET TO A POINT FROM WHICH THE TRUE POINT OF BEGINNING BEARS NORTH 19°56'20" WEST; THENCE AT RIGHT ANGLES AND PARALLEL WITH SAID STATE HIGHWAY NORTH 19°56'20" WEST 224.70 FEET TO THE TRUE POINT OF BEGINNING. 38075092 EXCEPT THAT PORTION CONVEYED TO THE STATE OF WASHINGTON FOR HIGHWAY PURPOSES, BY DEED RECORDED JANUARY 28, 1960, UNDER RECORDING NO. 5125876. ALSO EXCEPT THAT PORTION CONVEYED TO THE CITY OF RENTON BY WARRANTY DEED RECORDED JUNE 20, 2011 AS RECORDING NO. 20110620001118. FURTHER EXCEPTING THEREFROM THAT PORTION DESCRIBED AS FOLLOWS: BEGINNING AT A POINT OF INTERSECTION OF THE CENTER LINE OF STATE HIGHWAY NO. 5 AND THIRD AVENUE IN THE CITY OF RENTON PRODUCED WESTERLY;THENCE SOUTHERLY, ALONG THE CENTERLINE OF SAID STATE ROAD, 288.18 FEET;THENCE SOUTH 75°53'00" WEST 223.15 FEET TO THE TRUE POINT OF BEGINNING;THENCE SOUTH 19°56'20" EAST 224.70 FEET;THENCE AT RIGHT ANGLES THERETO, NORTH 70°03'40" EAST 41.31 FEET; THENCE NORTH 19°56'20" WEST 219.37 FEET;THENCE SOUTHWESTERLY 41.65 FEET TO THE TRUE POINT OF BEGINNING. A.P.N.000720-0151-06 and 0007200149 and 0007200215 38075092 EXHIBIT "C" DEPICTION OF TEMPORARY EASEMENT AREA [See attached] 38075092 38075092 EXHIBIT "D" DEPICTION OF UTILITY EASEMENT AREA [See attached] 38075092