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THIS AGREEMENT made and entered into this !i day of �J ✓��� , 2000, <br />by and between the CITY OF GRAND ISLAND, NEBRASKA, a Municipal Corporation, " <br />hereinafter referred to as "City ", GLOBAL INDUSTRIES, INC., a Corporation, hereinafter <br />referred to as "Grantee" and EUGENE J. PENROSE and JANICE K. PENROSE, Husband <br />and Wife, hereinafter referred to as "Grantors ". <br />1. STATEMENT OF PURPOSE. This No -build Easement Agreement is made for <br />the purpose of setting forth the terms and conditions under which the Grantors will sell and <br />convey to the Grantee a no -build easement on the tract of land which is shown and described <br />more particularly on Exhibit A, attached hereto. The purpose of the no -build easement is to <br />create sufficient set back for the Grantees to construct a manufacturing facility on a tract of land <br />owned by the Grantees and described in paragraph 2 below. Said set back is required by the <br />Grand Island City Code, the Uniform Building Code as adopted by the City. <br />2. GRANTEE'S REAL ESTATE. The Grantee owns the following described real <br />estate: Lot Two (2), Connell Industrial Park Third Subdivision to the City of Grand Island, Hall <br />County, Nebraska. <br />3. GRANTORS' REAL ESTATE. The Grantors own the following described real <br />estate: Lot Two (2), Connell Industrial Park Second Subdivision to the City of Grand Island, <br />Hall County, Nebraska. <br />4. EASEMENT TO BE CONVEYED. In consideration of the payment by the <br />Grantee to the Grantors in the amount of One Dollar ($1.00) and other good and valuable <br />consideration, receipt of which is hereby acknowledged and stated more specifically hereafter, <br />the Grantors do hereby sell and convey to the Grantee, its successors and assigns, a non- <br />exclusive right to use a "no -build easement" on the tract of land shown and described on Exhibit <br />A, attached hereto and made a part hereof by reference, subject to the conditions stated hereafter. <br />5. CONDITIONS OF NO -BUILD EASEMENT. The no -build easement referred <br />to above shall include the following conditions: <br />a. The Grantor shall have the right to use and enjoy fully, the premises <br />shown and described on Exhibit A, but shall not construct or permit to be <br />M <br />n <br />z D <br />n cn <br />O <br />fit (A <br />C7 <br />r>`�.�v <br />y <br />N <br />M <br />rVv <br />ZD-1 <br />� ' <br />N <br />NO -BUILD EASEMENT AGREEMENT <br />THIS AGREEMENT made and entered into this !i day of �J ✓��� , 2000, <br />by and between the CITY OF GRAND ISLAND, NEBRASKA, a Municipal Corporation, " <br />hereinafter referred to as "City ", GLOBAL INDUSTRIES, INC., a Corporation, hereinafter <br />referred to as "Grantee" and EUGENE J. PENROSE and JANICE K. PENROSE, Husband <br />and Wife, hereinafter referred to as "Grantors ". <br />1. STATEMENT OF PURPOSE. This No -build Easement Agreement is made for <br />the purpose of setting forth the terms and conditions under which the Grantors will sell and <br />convey to the Grantee a no -build easement on the tract of land which is shown and described <br />more particularly on Exhibit A, attached hereto. The purpose of the no -build easement is to <br />create sufficient set back for the Grantees to construct a manufacturing facility on a tract of land <br />owned by the Grantees and described in paragraph 2 below. Said set back is required by the <br />Grand Island City Code, the Uniform Building Code as adopted by the City. <br />2. GRANTEE'S REAL ESTATE. The Grantee owns the following described real <br />estate: Lot Two (2), Connell Industrial Park Third Subdivision to the City of Grand Island, Hall <br />County, Nebraska. <br />3. GRANTORS' REAL ESTATE. The Grantors own the following described real <br />estate: Lot Two (2), Connell Industrial Park Second Subdivision to the City of Grand Island, <br />Hall County, Nebraska. <br />4. EASEMENT TO BE CONVEYED. In consideration of the payment by the <br />Grantee to the Grantors in the amount of One Dollar ($1.00) and other good and valuable <br />consideration, receipt of which is hereby acknowledged and stated more specifically hereafter, <br />the Grantors do hereby sell and convey to the Grantee, its successors and assigns, a non- <br />exclusive right to use a "no -build easement" on the tract of land shown and described on Exhibit <br />A, attached hereto and made a part hereof by reference, subject to the conditions stated hereafter. <br />5. CONDITIONS OF NO -BUILD EASEMENT. The no -build easement referred <br />to above shall include the following conditions: <br />a. The Grantor shall have the right to use and enjoy fully, the premises <br />shown and described on Exhibit A, but shall not construct or permit to be <br />n cn <br />O <br />N <br />M <br />ZD-1 <br />O <br />CD <br />c <br />C.7 <br />t <br />O <br />rn <br />f7,1 <br />Cn <br />cn <br />co <br />co <br />c <br />CD <br />i3 <br />�' <br />CC1 <br />Cn <br />O <br />THIS AGREEMENT made and entered into this !i day of �J ✓��� , 2000, <br />by and between the CITY OF GRAND ISLAND, NEBRASKA, a Municipal Corporation, " <br />hereinafter referred to as "City ", GLOBAL INDUSTRIES, INC., a Corporation, hereinafter <br />referred to as "Grantee" and EUGENE J. PENROSE and JANICE K. PENROSE, Husband <br />and Wife, hereinafter referred to as "Grantors ". <br />1. STATEMENT OF PURPOSE. This No -build Easement Agreement is made for <br />the purpose of setting forth the terms and conditions under which the Grantors will sell and <br />convey to the Grantee a no -build easement on the tract of land which is shown and described <br />more particularly on Exhibit A, attached hereto. The purpose of the no -build easement is to <br />create sufficient set back for the Grantees to construct a manufacturing facility on a tract of land <br />owned by the Grantees and described in paragraph 2 below. Said set back is required by the <br />Grand Island City Code, the Uniform Building Code as adopted by the City. <br />2. GRANTEE'S REAL ESTATE. The Grantee owns the following described real <br />estate: Lot Two (2), Connell Industrial Park Third Subdivision to the City of Grand Island, Hall <br />County, Nebraska. <br />3. GRANTORS' REAL ESTATE. The Grantors own the following described real <br />estate: Lot Two (2), Connell Industrial Park Second Subdivision to the City of Grand Island, <br />Hall County, Nebraska. <br />4. EASEMENT TO BE CONVEYED. In consideration of the payment by the <br />Grantee to the Grantors in the amount of One Dollar ($1.00) and other good and valuable <br />consideration, receipt of which is hereby acknowledged and stated more specifically hereafter, <br />the Grantors do hereby sell and convey to the Grantee, its successors and assigns, a non- <br />exclusive right to use a "no -build easement" on the tract of land shown and described on Exhibit <br />A, attached hereto and made a part hereof by reference, subject to the conditions stated hereafter. <br />5. CONDITIONS OF NO -BUILD EASEMENT. The no -build easement referred <br />to above shall include the following conditions: <br />a. The Grantor shall have the right to use and enjoy fully, the premises <br />shown and described on Exhibit A, but shall not construct or permit to be <br />