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HomeMy WebLinkAboutTermination of Lease Agreement 1640 South Koeller Habitat for Humanity11 8388559 mown TERMINATION OF 8 3 g g 5 5 9 ` Lease Agreement` Tx : 42$3227 Document Number Document Title 1754984 This TERMINATION OF LEASE AGREEMENT (the "Termination Agreement"), is entered into on this 2A day of November, 2017 by and between the City of Oshkosh, with its principal office located at 215 Church Ave., P.O. Box 1130, Oshkosh, Wisconsin 54903-1130, (City or Lessor) and Habitat for Humanity of Oshkosh, Inc., with its principal office located at 1640 South Koeller Street, Oshkosh, Wisconsin, 54902 (Habitat or Lessee): The Lessor and Lessee are parties to a Lease Agreement dated September 13, 2016, and recorded with the Winnebago County Register of Deeds on September 19, 2016 as Document Number 1723254 (Lease Agreement). A copy of this Lease Agreement is attached hereto as Exhibit A. REGISTER'S OFFICE WINNEBAGO COUNTY, WI RECORDED ON 11/28/2017 8:24 AM NATALIE STROHMEYER REGISTER OF DEEDS RECORDING FEE 30.00 PAGES. 19 Recording Area Name and Return Address City Attorney's Office P.O. Box 1130 Oshkosh, WI 54903-1130 91103740201 The property subject to this Termination Agreement Pronerty Identifirntion Number (Leased Premises) is a Habitat for Humanity twindominium development having a street address of 604-608 Grove Street, Oshkosh, Wisconsin 54901, and is more particularly described in the attached Lease Agreement. The Lease Agreement began on September 13, 2016 and was scheduled to terminate on the date the Lessor conveyed the property to Habitat, or upon notice of termination by the Lessee, whichever came first. The City will now convey the Leased Premises to Habitat, and the Parties wish to terminate the Lease. The Lessor understands that Lessee may have separate agreements with other entities regarding the Leased Premises and any improvements thereon. Habitat acknowledges that the City is not part of, or involved with, any agreement or understanding Habitat may have with other persons or entities regarding the Leased Premises, excepting references to other entities in the Development Agreement between these parties. THEREFORE, in consideration of the mutual promises contained herein, the parties agree as follows: 1. The parties agree that the Lease Agreement shall terminate on November o2 I , 2017 (Termination Date), which is the date the Leased Premises are conveyed from the City of Oshkosh to Habitat for Humanity of Oshkosh, Inc. The time of termination shall be prior to the conveyance of the Leased Premises from the City to Habitat. 2. Lessee shall quit the Leased Premises on or before the Termination Date and shall surrender and return the Leased Premises to the Lessor clean and in good condition and repair, reasonable wear and tear excepted so that clear title may be conveyed. 3. Lessee shall have no current or new claim of ownership or interest in the Leased Premises that could have arisen subsequent to the commencement of the underlying Lease Agreement, except as otherwise described in any written agreement to which the Lessor is a party. 162017 kA 4. Lessor and Lessee mutually release, discharge, and waive any claims, known or unknown, against the other arising out of or connected to the Leased Premises and the Lease Agreement, except that the Lessor shall not waive any claims for indemnification, contribution or apportionment of claims or liability brought against Lessor by any Third Party resulting from Lessee's possession, use, and/or improvement of the Leased Premises, nor shall Lessor waive any claims for damages resulting from any latent or hidden defect or hazardous materials contamination caused by Lessee or resulting from Lessee's possession and use of the Leased Premises. This release is binding upon each party's successors, assigns, officers, elected officials, employees, and agents. 5. This Termination Agreement shall be for the benefit of, and shall be binding upon, the parties hereto and their respective heirs, executors, administrators, and assigns. 6. There shall be no lease termination payment owed by either party to this Termination Agreement. 7. The Lessee affirms that at all times it was in compliance with the terms of the Lease Agreement. 8. Both parties believe that all notice requirements related to the termination of the Lease Agreement have been followed, and each party agrees to waive any claims based upon notice that is otherwise required in the Lease Agreement that may be inconsistent with the terms of this Termination Agreement. 9. Lessee reaffirms all obligations made in the Lease Agreement, including without limitation, its full and complete responsibility for any development activities, fixtures, or improvements to the Leased Premises through the date this Termination Agreement is executed. Lessee's obligations shall survive the termination of the Lease Agreement. 10. Lessee shall not be entitled to and hereby waives payment, reimbursement, credit, or damages against Lessor for the value of any development activity, fixtures, improvement, or use to or of the Leased Premises upon the execution of this Termination Agreement. 11. Lessee shall hold the Lessor harmless from any accident or incident involving Lessee, its employees or agents, and from any dispute between Habitat and any Yd parry resulting from any action of Lessee related to or occurring during the term of this lease. 12. References to, or reaffirmations of, terms of the Lease Agreement in this Termination Agreement are for emphasis only and not intended to minimize the importance of or to exclude any other term or obligation identified in the Lease Agreement. [SIGNATURES AND ACKNOWLEDGEMENTS CONTINUED NEXT PAGE] 2 November 16 2017 IN WITNESS WHEREOF, the parties have executed this Lease Agreement as of the date first above written. CITY OF OSHKOSH, WISCONSIN By: — Mark A. Rohloff, City Manager By: C Pamela R. Ubrig, City Ci Clerk STATE OF WISCONSIN ) ) SS COUNTY OF WINNEBAGO ) Personally came before me this �2 _ day of No , 2017, the above-named Mark A. Rohloff and Pamela R. Ubrig, to me known to be the City Manager and City Clerk of the City of Oshkosh, Wisconsin and the person who executed the foregoing document and acknowledged the same. Notary Public, State of Wisconsin My commission expires: )Z11.2,&24 [SIGNATURES AND ACKNOWLEDGEMENTS CONTINUED NEXT PAGE] November 16 2017 HABITAT FOR HUMANITY OF OSHKOSH, INC. 0 10% �01-lwv- Joyce Pindel,PKLZA esident Thomas Perry, OF WISCONSIN ) SS COUNTY OF WINNEBAGO ) On this � day ofA, 2017 personally came before me Joyce A. Pindel to me known to be the person who executed the foregoing instrument and acknowledged the same. q P9CT ' Tl otary Public, State of Wisconsin Qty commission expires: n' STATE OF WISCONSIN �•,� lvl� J�S`� ss, COUNTY OF WINNgE�B..AGO ) On this "day of , 2017 personally came before me Thomas Perry, to me known to be person who executed the foregoing instrument and acknowledged the same. •,• GQt�i�d;r '., tary Public, State of Wisconsin My Commission Expires:--��'O�� A L/C •,� �1�15n0`�C,i �• v �• This document drafted by: David J. Praska Assistant City Attorney Oshkosh, Wisconsin 54903 4 November 16 2017 xhibit� Lease Agreement Document Number I Doeu ment rit Ic This LEASE AGREEMENT (the "Lease"), made and entered into this 13 day of September, 2016, is by and between the City of Oshkosh, (CITY) a Wisconsin municipality, with its principal offices located at 215 Church Ave.; P.O. Box 1130, Oshkosh, Wisconsin 54903-1130, (collectively "Lessor") and habitat for Humanity of Oshkosh, Inc., (HABITAT) a Wisconsin Non -Stock Corporation, with its principal offices at 1640 South Koeller Street, Oshkosh, Wisconsin 54902 ("Lessee"): RECITALS ViRIIVial�YIItlBlllll� 1723254 REGISTER'S OFFICE WINNEBAGO COUNTY, WI RECORDED ON 09/19/2016 12.22 PM CHRISTOPHER LARSON DEPUTY REGISTER OF DEEDS RECORDING FEE 30.00 PAGES: 15 Area Name and Return Address City Attorney's Office CITY owns real property within the City of Oshkosh, I P.O. Box 1130 Winnebago County, Wisconsin, comprising Lots I and 2 of CSM Oshkosh, Wt 54903-1130 7082 filed with the Winnebago County Register of Deeds on 91103740201 May 6, 2016, as document number 1712375, and which is P periy da tifroatian Numbor Adjacent to Grove Street on the west, Cleveland Avenue on the north, and Vast ar0Cway Avenue on the south. 2. IIABITAT seeks to acquire Lot I of CSM 7068 from the City and develop the property as a fully handicapped residential "twindominium" for the purpose of conveying it to qualified f'a.tnilics upon completion. The CITY's conveyance to HABITAT has been delayed pending the resolution of issues related to the Property's title which necessitates this lease to allow HABITAT to begin site preparation and other construction activities prior to the actual conveyance. 3. The CITY and HABITAT have entered into a Development Agreement, fully executed on May 24, 2016, and recorded with the Winnebago County Register of Deeds as Document Number 11 n aS 3 on Er 2016, for the purpose of constructing a fully handicapped residential "twindominium" fo qualified families. A copy of the Development Agreement is not attached hereto but is incorporated into this Lease, and HABITAT acknowledges that it read and signed the :Development Agreement, retains a copy of the Development Agreement, is familiar with it and agrees to be bound by its terms as it may pertain to the development of the Leased Premises. A copy of the development footprint as attached to the Development Agreement is also attached to this Lease as Exhibit A for reference purposes. 4. It is in both parties' interest that HABITAT begin construction of its approved "twindominium" development on the Leased Premises prior to the resolution of the title issues related to the Leased Premises, and the purpose of this Lease is to allow this commencement of construction. The property subject to this Lease (Leased Premises) is Lot 1 of CSM 7082, filed with the Wirmebago County Register of Deeds on May 6, 2016, as document number 1712375, with CSM 7082 attached hereto as Exhibit B: CSSIV 7082 rlltacired as Exhibit B 17, 2016 5. The development of the Leased Premises described in the Development Agreement and in this Lease will be financed through Site Preparation Assistance and Building Construction Assistance from the CITY, through funding from the Osl kosh/Winnebago County Housing Authority, through federal funds received Iiy HABITAT, and through other HABITAT resources. Regardless of HABITAT'S funding sources, and regardless of the timing of funds received by HABITAT, HABITAT agrees that it will not encumber the Leased Premises through mortgages, liens, orother creditor protections or instruments during the term ofthis Lease, and HABITAT also agrees that all such encumbrances may only be recorded after the Leased Premises has been conveyed to HABITAT only pursuant to the terms identified in the Development Agreement. In the event that any of HABITAT'S funding sources requires some type ofsecurity interest in this Lease or the Leased Premises prior to receiving funding, then the CITY agrees to negotiate with HABITAT in good faith regarding any accommodations that may be appropriate for this project. Any accommodation will include, at a minimum, terms requiring that the Leased Premises be subject to continuing obligations under the Development Agreement by whomever retains any interest in this Lease and the Leased Premises. _GRFI:MENT 6, All Recitals are incorporated into this Lease Agreement, 7. In exchange for one dollar ($1 A0) and other good and valuable consideration, the receipt and suff ciency of which is hereby acknowledged, the CITY agrees to Lease to HABITAT, and HABITAT agrees to accept for Lease, the property identified and described in this Lease (Leased Premises) on the terms and conditions expressly set fortlx mid/or referenced herein. 8. The term of this Lease shall commence on the date it is executed by all parties, and shall end on the earlier of: (a) the date that is ninety-nine (99) years after the date of commencement of this Lease; (b) the date in which HABITAT, or other interested entity subject to an accommodation approved by the CITY, closes on its purchase of and acquires full ownership interest in the Leased Premises; or, (c) the Development Agreement is terminated. 9. This Lease shall terminate without notice upon the insolvency of I MITAT, upon HABITAT'S seeking bankruptcy protection, or upon any HA131TAT creditor other than the'CITY or other entity subject to an accQmmodation obtaining any interest in HABITAT or HABITAT'S property. The CITY tnay elect to terminate this Lease based upon a material default of this Lease which remains uncured after providing 30 days notice of such default. 10. There shall be no Lease payments due from HABITAT to the CITY daring the tenor of this Lease. 11. HABITAT shall be allowed to construct its "twindominium" building and related improvements on the Leased Premises as approved by the CITY pursuant to the terns of the Development Agreement and consistent with other government rules au.d regulations. However, actual use of the "twindominiuni" through the sale of the separate units is contrary to the local zoning, code and, therefore, such further conveyance and occupancy will not be allowed until the Leased Premises is conveyed to HABITAT and HABITAT subsequently obtains and records all necessary documents, including condominium documents. August 17, 2016 No agreements by HABITAT with others which purport to allow the use of the Leased Premises in a manner contrary to this Lease, or to the Development Agreement, sltal I be allowed, or enforceable, against the CITY or in rem against the Leased Premises. 12. During the term of this Lease, the CITY shall be allowed reasonable access to the Leased Premises for any purpose related to any municipal or police power function, to meet its obligations under this Lease or the Development Agreement, or to function in its capacity as the ownerof the Leased Premises. The CITY shall make all reasonable efforts to not materially disrupt HABITAT'S allowed use of the Leased Premises. 13. During die term of this Lease, HABITAT shall be deemed the owner of all improvements constructed on the Leased Premises by HABITAT, subject to any legal rights of third parties. CITY may take actions to gain ownership of improvements upon the abandonment of the development and related interests by HABITAT, assignees, or others by providing known interested parties notice and a right to cure default or to affirm interest in the Leased Premises. 14. HABITAT has had sufficient access to the Leased Premises and as a result is or should reasonably be aware of all aspects related to its condition. The CITY makes no express or implied promises or warranties related to the condition of the Leased Premises except those identified in the Development Agreement, as Amended and Restated. 15. HABITAT assumes hull and complete responsibility for any development activities, fixtures, or improvements to the Leased Premises prior to the date the Leased Premises is conveyed to L-iABITAT pursuant to this Lease and the Development Agreement, 16. HABITAT acknowledges that it assumes the responsibility of ensuring that its investments in or on the Leased Premises are protected through separate agreements with its donors, lenders and funding sources, or other treasures allowed by law. 17. HABITAT shall have all necessary insurance with sufficient limits which will cover its employees, actions and property on the Leased Premises, HABITAT shall hold the CITY harmless from any accident or incident involving HABITAT, its ernployees or agents, or any dispute with HABITAT or any 3d party resulting from any action of HABITAT, its agents or assigns, occurring during the term of this Lease, 18. HABITAT is responsible forpaying all utilities, costs; expenses, and obligations ofanykind incurred during the term of this Lease. T -L 81TAT is farther required, at its expense, to keep and maintain in good order, condition, and repair the Leased Premises and all improvements constructed thereon. 19. HABITAT shall not allow any encumbrance to be filed on or against the Leased Premises, including mortgages, easements, or similar restrictions unless otherwise explicitly allowed in writing by the CITY. 20. All terms of the Development Agreement pertaining to the Leased Premises are incorporated into this Lease, including but not limited to representations and warranties. CITY may pursue any breach or default of this Lease or of the Development Agreement as allowed by law. August 17, 2016 21. HABITAT's restrictions on the use of the Leased. Premises during the terms of this Lease are set forth in the Development Agreement, and are specifically incorporated into this Lease. All other terms, conditions, benefits, burdens, and agreements between these parties relating to the Leased Premises shall remain in frill force and effect, without alteration, with the exception of any terms that prevent the HABITAT from constructing and operating the approved apartment complex _prior to taking ownership of the Leased Premises; and, SIGNATURE P.4G ' TO FOLLOW IN WITNESS WHEREOF, the parties nave executed this Lease A&veement as of the date first above written. CITY OF OSHKOSII, WISCONSIN tr By; <—mm"� . Rohlort By: z 6 ,1 4ff- , I:- % 0 MAO m STATE OF WISCONSIN j a SS COUNTY OI, WINNEBAGO } Pamela R. Ubrig, City Personally carne before me thist' 4 day of— IT '2016, the above-named Mark A, Rohloff and Pamela R. Ubrig, to me known to be the City Manager and City Clerk of the City of Oshkosh, Wisconsin and the person who executed the foregoi rig docfiment aA ac nowle ged th wine V, Notary Public, State of Wiscons My commission expires: 0 '1A'1') [SIONATURE,S AND ACKNOWLED6I3MENTS CONTINUED NEXT PAG13-1 August 17, 2016 HABITAT FOR HUMANITY OF OSHKOSH, INC. By, Bea,., rQAOlr Bea Ashton, Secretary STATE OF WISCONSIN ) ) SS COUNTY OF WINNEBAGO ) On this dayof 6W- • , 2016 personally came before me Barb Schlieve, to me !mown to be the person who executed the foregoing instrument and aco ledge the! s�e. k� otary Public, State of Wi, "' rr� My commission expires: .r STATE OF WISCONSIN ) ) SS COUNTY OF WINNEBAGO ) On this/k* day of , 2016 personally came before me Beau Ashton, to the known to be person who executed the foregoing instrument and ac w dged to sat e. Notary Public, State of Wiseo it} My Commission Expires: h This documew dratted by. David J. 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CCRi,C11 7 Lt9'LTiQ�� �uli{i' •_ ��— - r• •: Suf'13f ~7.{.1�'•• - : vwl N, rtm !14� ``a NaiT'rl..y::t ccl*Ss T, .til-.,• %CIKA 2l T -W Sari CLEVELAND AVENUE (50') PEPUTr P T+!E P(K>FF�-O.MFASnNO IMf AC Buil' h �fhv Fel a lof { r:69,WW4 124.96' Ka a ..-. �j— 1497wwc RRe6 1 1 f - �V Z7 -C NNC f I� /o.NI KIVY. I �— l SOT ?auryt rRr#.KN !.t rrscns . r cow r�"N+, {uAro t) ! 59,509 S0, TT AMM Iq t�vx -- — -- — CA—Ull 1,0C twi r!+' rrn x tavlrP LOT 9 �AIQI Aaa t' aepv r -,rt rc4'm t ! o a/+•. zc' (r.sra >stpl) � amw rr .csr. .om �-�iiiiiil�%r g M+11�./OJ CC4fliY xcebr raurc>< ta9'M'S9T IjAs}' {rice ) qY !rig s cc.si ti 1r91XilfJ+T � _ C¢C f,]�lYf3,� — �-•--- ((a,w[^�rri,rUA,A)'� E PARKWAY AVENUE t� � 1 iy'� a' � H•pm'I 171�3�5 4. /�.. Ar,M Twi cr Ot,v-t 1zr1T. SA4 pAmi 5 10 q-pve ti0+ ( {jj O�r MfN+CURucJ,'f TxDlc�Cd' c3 /R LiiyTF�rfyC�y�r}- W rlt. ^;l>:q•. a f {E¢r{tIl�SFi c,L�4 0f' 9Yr'(l.i+v—nn 7K Nlilx'l11`IE�SAF�OS �_�ifi7T W v1 D*76 fl RIUVESM '.Arr,l Tiw� 0P f , 1 �w,tCr�cii t �tiy 1 •A(1, bE jf'r¢ YAM -t, rn i1°h' m blY'uftrHli `IJFNCV VCY 05/06/2016 8:0 ASH PEPUTr P T+!E P(K>FF�-O.MFASnNO IMf AC Buil' h �fhv Fel a lof CERTIFIED SURVEY MAP NO.-Ia A�Ct)IV� ARE-IXYt4lON OF tIIT a OF-C@(iTlfil;0 SYJiiVLY f/hi' NUM&ER 61 UJ. M40 A PART OF THE NORTHEAST Y Op ii -1E raOAIlfEAsT Y• OF StCTION 2R, TOWWStt1P id NOU14, RANGE 16 EAST. OFTIM FOURTH P.S% 1MIWARD, CITY OF OSHKOSH, VINNr,.Oj Cn COUNTY,VSSCOfi$WV, I=Keplm 06. Gn S.Y. VA e,nJ 11 gm,",19ya MUNICIPAL OWNER'S CERTIFICATE T1,e City of Oshkosh, a seperate bcJy p�biic wg7 t4a ed and "s ling under aa,d by, >I,We o1 the I_— a fl al fe of Wn ns4% ra ouj doy hereby Witt Ihat sa4 Amhod ly mused Ifta iand dejbcd 1n yc sun-yed, .WdeJ, dedfcetcd, a:nd mapped as rep,xsenled on N3 maa, n accordance with the proywgns a1 C+aptri 2.'s6 .0h. „rain SWLICT ena the tond 3ubilvL,;nn Ordnance of IM Ciy of anUt-i�, Int'. u*_" wfiUeof, the said City of Ozfi c h. has a %rscd Ihese p2 &ta to be sgoed b/ .ark A_ Rohlo£E as City Hanagar and muMctslgned by Pamela P. Obrig City Geek ,i7s Oshkesh Stiscanstn . th7r w 1"\ CRr of OshkasN: .. anoper . rte' o7 STATE OF WISCONSIN} ;SS WINNEl3AG000UNTY) Pc *w uy calm. before me tN.s_5_day of 2QI(,c> C,. aforemc!t6dnetl repeesentMlves of Pro Cdy of 0shkash, knamt to a e to be the parsons wha tie cul* d dry loryginq insl "I And acWwwSodgcd Rho "n e. rte. k(ycummhslone�phes l� Notary Public, Wimey q. County, safe of v4sconsZ6 CITY Off' OSHKOSH PIANNNG COMMIS' MON Z,0 T FICATE OF APPROVAL Thin C,_O,ee Survey tAV or tot 3 of Cgtified Stavay kup nomber6103, beteg a pad d Ihs No,lhead'F cf tha Norlhaa.t Y. of Sod;.n 21, Tawnshtp it NDN, Range 16 EW, of Ilio- Ah P.M, 11th Ward, CAy d 06hkosh, Vfhno03Qo 040M j, is bem npprovcd, Rept ntatva ��ttttuttrrill/fExh� 1 ��`.te�so i v11L IT wl 4`. SHEET 3 OF 3 PROJECT No 8C4436D4 y,es is Nl breaaiL mltrn' poap�6 CARD FlLE 3CU4 CSM F DRAWN 9Y IRAD M=/MM DATE ORA'tM I 09ZWOI$ Ggfurc scrten moor bit� -2"+3 CERTIFIED SURVEY MAP No, 2I 0�3A A RE -DIVISION OF LOT 3 OF CERTIFIEO 5 URVEY tAW NUMBS R 6 tai, A rii �� 13EtNC A PAF; OF THE NORTHEAST V. OF THE HORT14EAST k OF SECTION 24, TOW1w5rytP 1H NOniti: /tAHt3t:- i6 EAST, OF ME FOURT71 P.M., i tTH WARD, CITY OF OSHKOSH. x%JNNEeACO COUNTY, WfscoNr-lm IGN KOPW Dito O1 aey,W r�3ff a20,+Sd r9r8 rRtw:,ecam.mn aWNAL7'�el� eK Nm� SURVEYORS CERTIFICATE 1. Jason R Houle, professional fans surveyor, hareby, certify: That In full compftance with the provisions of Chapter 236, section 736.34 of the Wisconsin Statutes and the Land SuWfviglpn Ordintrnce the City of Oshkosh, and under the direction of the Cky of Oshkosh. ownet of said {end, I have surveyed, divided and mapped The following land being lot 3 of Certified Survey Map numbef 6103, tieing a pan of tho Northeast `/. of the Northeast VA of section 24. Tomtship 18 Ned,, Range 16 East, t Ith Ward, 4th P.M., CKy of 0:1*ostt, Winnobargo County, wisconstn, more pad;wlarly described as ioNows. Lot 3 of CeriifZod Survey bfap NumbOt 0103 as recorded In the office of the Wlnnobago County Register at deeds as document #15 7796 Sad parcel contains 1.230 acres more or less, Saldparcel is subrectta easements, ayfeeownts, covoftants, ortosiriotions recorded and tmfecordod, That the surveyof said land was Oona under my direct supervislon and the map hereon IS a We and accurate repfesenlalion of the exlerior boundaries and tho division thereof, *1i JASO r 69 a LOOT w fy/,Alio fliti►�°'� J430H t< "OuLt 5..2m) Fxw=� m na is aw,MTZrr tE Tts< PAaFLSS�D.`�L SfA At0 SVtl4TI1NE lVtE fH 1712376 REGISTER'S OFFICE WINNEBAGO COUNTY, WX RECORDED ON 05106(2616 8:19 AM CHRISTOPHER LARSON DEPUTY REGISTER OF DEEDS RECORDING FEE 30.00 PAGES: 3 Exhibjt"=°F'