4.1.
CC Special Session
- Meeting Date:
- 05/15/2012
- By:
- Darren Lazan, Housing & Redevelopment Authority
Title:
Consider Party Wall Agreement - COR ONE
Background:
Lot 2, Block 1, COR ONE is the parcel of property on which the existing expanded municipal parking structure is constructed. There City of Ramsey is the fee owner of this parcel.
Lot 3, Block 1, COR ONE is the parcel recently conveyed to Flaherty and Collins for the construction of The Residence at The COR.
As part of the design of the ramp addition, the footings were sized to allow the east wall of The Residence to sit on a shared footing, as opposed to constructing a separate footing and creating a separation between the walls.
While the ramp and The Residence technically have their own walls, they share a footing, and are treated as one wall when constructed. Water proofing and maintenance will be addressed by Flaherty and Collins, as well as the individual vestibule connections at each floor.
Lot 3, Block 1, COR ONE is the parcel recently conveyed to Flaherty and Collins for the construction of The Residence at The COR.
As part of the design of the ramp addition, the footings were sized to allow the east wall of The Residence to sit on a shared footing, as opposed to constructing a separate footing and creating a separation between the walls.
While the ramp and The Residence technically have their own walls, they share a footing, and are treated as one wall when constructed. Water proofing and maintenance will be addressed by Flaherty and Collins, as well as the individual vestibule connections at each floor.
Observations:
This condition is commonly called a 'Party Wall' and there is typically an encroachment easement and agreement that accompany this condition.
Attached for your consideration is the draft agreement establishing encroachment easement and addressing the issues related to the construction of the party wall. The development team would like to execute this agreement now, and monitor the construction over the next twelve-eighteen months to identify any ongoing items that should be added to the final agreement. Following the construction, the final agreement will be prepared and presented for the council's consideration.
Because the use on the ramp side requires very little maintenance, and because the firewall constructed as part of the ramp is a relatively simple structure, the responsibility for the ongoing maintenance of the party wall will be placed on the owner of Lot 3. This agreement will outline those items.
Attached for your consideration is the draft agreement establishing encroachment easement and addressing the issues related to the construction of the party wall. The development team would like to execute this agreement now, and monitor the construction over the next twelve-eighteen months to identify any ongoing items that should be added to the final agreement. Following the construction, the final agreement will be prepared and presented for the council's consideration.
Because the use on the ramp side requires very little maintenance, and because the firewall constructed as part of the ramp is a relatively simple structure, the responsibility for the ongoing maintenance of the party wall will be placed on the owner of Lot 3. This agreement will outline those items.
Recommendation:
The development team recommends the City Council approve the attached encroachment easement agreement, and direct staff to finalize, execute, and record the easement with related exhibits.
Funding Source:
N/A
Council Action:
Approve the attached encroachment easement agreement, and direct staff to finalize, execute, and record the easement with related exhibits.
Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Kurt Ulrich | Kurt Ulrich | 05/10/2012 03:30 PM |
- Form Started By:
- dlazan
- Started On:
- 05/10/2012 02:17 PM
- Final Approval Date:
- 05/10/2012