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HomeMy WebLinkAbout6C (1)(2)� C(►).4(L -) • r . n d u m spurs e Community & Economic Development 1200 County -City Building, 227 West Jefferson, South Bend, Indiana 46601 -1830 Phone 574/235 -9371 Fax 574/235 -9021 To: South Bend Redevelopment Commission From: Jitin Kain, Senior CED Specialist -W— Subject: Data Realty Fagade Easement & Amendment to Use /Management Agreement Date: April 19, 2012 In July 2011, the Commission approved the sale of Lot 4 at Ignition Park to Data Realty Northern Indiana LLC which is currently building an approximately 50,000 sq.ft data center. Data Centers are typically built as bunkers, however, Ignition Park is designed as a high tech, high aesthetic park. There was a desire to see the first building designed and built to architectural standards established for the park. As part of the contract for sale, the Commission agreed to provide site improvements (paving, landscaping, lighting, etc) to the Data Realty site equal to the amount of the fagade enhancement work performed by Data Realty up to an amount of $1,400,000. The Fagade design was done by BSA LifeStructures, the firm responsible for the Master Plan of Ignition Park. The initial estimates for the first design came in over budget so BSA was asked to revise the Fagade design. Earlier this year, a design was submitted that was estimated to cost $1,134,980. This design was later approved by the Architectural Review Committee for Ignition Park. A recent estimate of site improvement work at Data Realty was $400,000 which is significantly less than the $1,134,980 estimated for the Fagade work. Therefore, in lieu of the site improvements, staff is proposing the following combination to fulfill the Commission's commitment towards the Data Realty project: 1. Fagade Improvement: Purchase metal panels and screenwall coverings for the approved fagade design in the amount of $747,576. In order to do this, Data Realty would grant the Commission a fagade easement for a term of 7 years. 2. Equipment Purchase: Purchase Computer Room Air Handler (CRAH) units for the data center portion of the building in the amount of $387,404. In return the Commission would get an additional 5 years worth of equipment rack space at Data Realty. Currently, the Commission has the use of 5 racks for 15 years, the value of which is estimated at $1,080,000. The total of the above two items is $1,134,980 which is equal to the total estimate of the facade work and is under the budgeted amount of $1,400,000 for this project. Staff requests Commission approval of the attached Fagade Easement and Amendment to the Use, Management and Operations agreement. What We Do Today Makes A Difference! FACADE EASEMENT AGREEMENT This Facade Easement Agreement ("Agreement ") is made and given on the day of April, 2012, by and between the South Bend Redevelopment Commission ("Grantee ") and Data Realty Northern Indiana, LLC, an Indiana Limited Liability Company ( "Grantor ") (collectively the "Parties "). STATEMENT OF FACTS A. Grantor is the owner in fee simple of the real property more fully described on the attached Exhibit "A ", and has a commercial structure on it, located in Ignition Park, in the City of South Bend, Indiana, hereinafter referred to as the "Building ". B. Grantor is giving this Facade Easement (" Facade Easement ") to the Grantee to assist in preserving and maintaining the designated character of Ignition Park. C. The fayade of the Building which is the subject matter of the Facade Easement is depicted and illustrated on Exhibit "B ". D. It is the specific intention of the Parties hereto to exclude the interior and other parts of the Building from this Facade Easement. E. Grantor desires to give to Grantee and Grantee desires to accept the Facade Easement. Based upon the mutual promises contained herein, the Parties agree as follows: Incorporation of Statement of Facts. The Statements of Facts are incorporated into the operative provisions of this Agreement as if fully set out herein. 2. Consideration. In consideration of One Dollar ($1.00) and other good and valuable consideration, the receipt and sufficiency of which by Grantor is hereby acknowledged, Grantor hereby does give and convey to the Grantee a Facade Easement to the Building. 3. Term of Facade Easement. The original term of this Agreement is seven (7) years from the date of execution. 4. Description of Facade Easement. It is agreed by and between Grantor and Grantee the Fagade Easement as shown on Exhibit `B ", the design drawings of the fagade, is the fagade that shall be constructed or installed on the Building, and the fagade to which this Fagade Easement attaches. 5. Consents Required. The Grantor agrees to do (or refrain from doing, as the case may be) each of the following: a. The Grantor shall not demolish, remove or raze the fagade without the express written consent of Grantee. b. The Grantor shall not undertake or allow to be undertaken any changes to the fagade including any of the following without the express written consent of the Grantee: Any change in the facade including the alteration, partial removal, construction, remodeling or physical or structural change or change in color or surfacing with respect to the appearance or construction of the facade; ii. Add any additional signs, canopies or plaques to the facade; iii. Any significant reconstruction, repair, repainting or refinishing of the designated feature that alters its state from the existing condition. C. This subsection shall not include ordinary or necessary maintenance as covered by Section 7 below. 6. Timing of Consent. Within thirty (30) days after Grantor requests in writing permission of Grantee to make a change, written consent or refusal to allow the change shall be delivered to the Grantor. In the event Grantee fails to make a decision relative to a request made by Grantor within thirty (30) days of the request, the request will be deemed granted. 7. Maintenance. Grantor agrees that it shall perform ordinary maintenance on the fagade to maintain its appearance and structural soundness and prevent any deterioration of the facade. The Grantor shall not have to notify the Grantee maintenance is going to be performed. 2 Grantor shall have no responsibilities relative to any defects in the installation of the fagade, or in the materials which are utilized to construct the fagade since the Grantee is responsible for the purchase of the materials for and the installation of the fagade. 8. Specification of Work. In the event Grantor is required to seek the consent of the Grantee pursuant to Section 5 of this Agreement, the Grantor shall give the Grantee copies of the plans, designs, elevations, specifications, and documents relating to the change or work, including specification of all materials, colors and construction techniques to be used in any such work and photographs of the subject area as it appears at the time of the request. 9 Insurance. Grantor, at its expense, shall (i) keep the premises insured under a standard form of insurance policy against loss or damage resulting from fire and other perils normally insured under a uniform standard extended coverage endorsement limited only as may be provided in the standard form of extended coverage endorsement at the time in use in the State of Indiana and (ii) carry and maintain comprehensive public liability insurance. The public liability policy shall name the Grantee as an additional insured as to the fagade only and shall provide for not less than thirty (30) days prior written notice to the Grantee by the insurer of any proposed cancellation of any such insurance. The Grantor shall deliver to the Grantee a certificate of insurance prior to the recording of this Fagade Easement and, on renewal, a new certificate shall be sent to the Grantee. 10. Casual Damage. In the event that the Building or any part thereof shall be damaged by fire or other casualty, then the proceeds of the insurance required to be carried pursuant to Section 8 and Grantor's funds shall be applied to reconstructing the fagade constructed under this Agreement. If the Building is damaged to such an extent Grantor determines reconstruction is not feasible and provides the Grantee with a statement from an 3 independent engineer to the same effect, then this Fagade Easement shall be void and of no further force and effect, and any proceeds of insurance payable as a result of the destruction of the fagade will be payable to Grantee. 11. Inspection. Grantor covenants representatives of the Grantee shall be permitted to inspect the fagade from the street for the purpose of determining conformance with Fagade Easement. 12. Grantee's Remedies. In the event of a violation of any provision of this Agreement, the Grantee may, (i) upon thirty (30) days prior written notice to Grantor and (ii) permitting Grantor an opportunity to take reasonable steps to cure any alleged violation, enforce the Agreement. The Grantor shall reimburse Grantee for any reasonable costs or expenses incurred in connection with the enforcement of the Agreement. 13. Runs With the Land. The obligations required by this Agreement shall be deemed to run as a binding servitude with the property and the facade. This Agreement shall be binding upon Grantor and the Grantee and all persons hereafter claiming any rights through the Grantor and the Grantee and the word "Grantor" and "Grantee" when used, herein shall include all such persons. Anything contained herein to the contrary notwithstanding, a person shall have no obligation under this Agreement when the person has ceased to have any interest in the Building or fagade by reasons of a bona fide transfer. 14. Notices. Any notice required under this Agreement shall be in writing and shall be mailed, postage prepaid, by registered or certified mail with return receipt requested, or hand delivered and receipted. Company: Richard Carlton Data Realty Northern Indiana, LLC 1400 Angela Blvd. South Bend, Indiana 46601 With copy to: Glenn Killoren Barnes & Thornburg 1" Source Bank Center 100 North Michigan South Bend, IN 46601 Cnmmiccinn- Donald E. Inks, Director Department of Redevelopment City of South Bend, Indiana 1200 City- County Building 227 W. Jefferson Boulevard South Bend, IN 46601 -1830 With copy to Aladean DeRose, Esq. Interim City Attorney City of South Bend, Indiana 1400 City- County Building 227 W. Jefferson Boulevard South Bend, IN 46601 -1830 15. Recording. This Agreement shall be recorded in the Office of the St. Joseph County, Indiana Recorder. 16. Transfer of Development Rights. Nothing contained in this Agreement shall be interpreted to limit Grantor's right or ability to transfer any development or other rights which may exist now or at any time in the future. 17. Condemnation. In the event that any governmental authority institutes a suit by virtue of eminent domain, or other similar proceedings for any public or quasi - public or other use against all or a portion of the fagade, this Agreement shall immediately terminate on that portion of the property only. 18. Taxes. Grantor shall pay when due and owing, all real estate taxes, water charges, sewer charges, and other charges, which may become a lien on the premises, provided, the Grantor may make payment under protest where permitted by law. 19. Indemnify. The Grantor agrees that it shall defend, indemnify and hold the Grantee harmless from and against any liability, claims, suits, demands, judgments (including k costs, expenses and attorney's fees), resulting from actions or claims by third parties or defaults under this Agreement by the Grantor arising out of the conveyance of or possession of this Fagade Easement. 20. Headings. Section headings used in this Agreement are for convenience or reference only and do not affect the meaning of provisions which they precede. 21. Public Access. The Grantor and Grantee agree the public shall have the regular and substantial opportunity to view the designated feature from the sidewalk in front of the building. The Grantor shall have no obligation to allow the general public to view the interior of the Building. 22. Right to Use of the Premises. The Grantor reserves for itself, its successors, assigns, mortgagees and lessees the right to continue to use and occupy the premises for all lawful purposes not inconsistent with this Fagade Easement. 23. Amendment. For purposes of furthering the preservation of the facade and of furthering the other purposes of this Fagade Easement and to meet the changing conditions, Grantor and the Grantee are free to amend this instrument from time to time by mutual consent in writing and such amendment shall become effective upon its signing. 24. Incorporation by Reference. Grantor agrees the restrictions contained in this Agreement will be inserted by express reference in any subsequent legal instrument affecting the premises. IN WITNESS WHEREOF, on the date first shown above, Grantor and the South Bend Redevelopment Commission have signed this Agreement. [SIGNATURES CONTAINED ON FOLLOWING PAGE] on DATA REALTY NORTHERN INDIANA, LLC By: Richard Carlton, President /COO Its Authorized Representative STATE OF INDIANA ) ) SS: ST. JOSEPH COUNTY ) Before me, a Notary Public in and for said County and State, personally appeared Richard Carlton, President /COO of Data Realty Northern Indiana, LLC and acknowledged the execution of the foregoing on the day of 12012. My Commission Expires: , Notary Public Residing in St. Joseph County CITY OF SOUTH BEND, DEPARTMENT OF REDEVELOPMENT, by and through the South Bend Redevelopment Commission, its governing body By: _ Printed: Title: STATE OF INDIANA ) ) SS: ST. JOSEPH COUNTY ) Before me, a Notary Public in and for said County and State, personally appeared of and acknowledged the execution of the foregoing on the day of , 2012. My Commission Expires: Notary Public Residing in St. Joseph County THIS INSTRUMENT PREPARED BY: Richard A. Nussbaum, II, Attorney at Law, 5th Floor - Plaza Building, 210 S. Michigan St., P.O. Box 300, South Bend, Indiana 46624. I affirm, under the penalties for perjury, that I have taken reasonable care to redact each Social Security number in this document, unless required by law - Richard A. Nussbaum, II. 7 EXHIBIT "A" Lot Numbered 4 as shown on the Ignition Park Second Minor Subdivision recorded in the Office of the Recorder of St. Joseph County, Indiana, as Instrument Number 1115569 (the "Real Estate "). i im r �9 A gill Y 1� I� o 1 NJ N t � I Sul � , 1 a S � R ! I i ! I ! I I I IT gym.. !I J it i i !! I�i��± 4 t Ill �Ir li urlld� L00 oe.�...a.w. f di .! 1 ! 1� I� o 1 NJ N t � I Sul � , 1 a S � R ! I i ! I ! I I I IT gym.. !I J it i i !! I�i��± 4 t Ill �Ir li urlld� L00 oe.�...a.w. EXHIBIT "B" DEPICTION OF FACADE Northeast Perspective Northwest Perspective eve- ,� �� ■ �..�. ■�� ��. s� ��■ ■ ®� �■ ■��. �. ■�� G F- r �,. 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