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41 MEMORIAL DRIVE - BUILDING INSPECTION �, y1 Me� r�a� ��iv� D ±aaKS�).iR ,e�I s2f1 EASENENT McNeil 6 Associates, Inc., a Massachusetts corporation with its usual place of business at 420 Providence Highway, Westwood, Massachusetts and its successors and assigns ("Grantor") for consideration paid hereby grants to the City of Salem, a municipal corporation under the laws of the Commonwealth of Massachusetts, having its principal city offices at 91 Washington Street, Salem, Essex County, Massachusetts ("Grantee"), a perpetual access easement as specifically shown on a plan of land entitled, "Plan of Land in Salem, Mass.", prepared by Essex Survey Service, loc., - Surveyor, dated May 1, 1985, recorded herewith and described according to said plan as follows: An area fifteen (15) feet wide on Lot H along the westerly p roperry line of Lot I adjacent to Lot A and the Lot entitled "Area Tidal Flats - 4,71+ acs." There shall be no picnicking, loitering, drinking of alcoholic beverages, littering, motorcycling or ocher such D action allowed on this easement and no public boating, swimming, fishing, sunbathing or other such use on the premises ti in conjunction with the use of this easement. o 0 UECUTED as a sealed instrument this day of 1985. i McNeil Assoc Lates, Inc. by: �✓ m COMMONWEALTH OF MASSACHUSETTS Nor£�e1it, as �'.-�y.L.� '7 1985 lly appeared the above-named a-4 - f/ "✓, of McNeil 6 Associates, Inc. and acknowledged the foregoing instrument to be the free act and deed of McNeil 6 Associates, Inc., before me. My Commission expires: (000) r' i 11i 1 Y G N l E Y t P F�y Ys 1 ` _ x . Fade on � � _y and - Salem (Her_. . . and Iklveil S ates , - -er called _ -ETH -w.. ' shes to ses Pu=' := prcperty locates :_ �_morial • al � � :_ . _ , f v'• ass. , which was ' ._- ; use_ a public health ^c; _=„al (her( , -- _- _ "Property") , (Sa= aopea""; herein as ExhibS ; _--_ =:ne City has ado--:=- = . aster P'I�n which projects a -,using use i. -' ore mentioned roper.y; and k 4yc _fter a request Dosals was advertised, the a,.,ve named —:tted a proposal for residential conversion of the surplus - - -- '; and ( _ .aid property, has bee- declared to be surplus and nc Tenger re- = c property by the C :y of Saler, Department of Public Property. -' FORE, the City and _-.e; Developer hereby-convenant and agree PURCHASE PRICE -- _-- all the terms , comenants , ant conditions of the agreement th Cit -- the Property to the Developer for, and the Developer will pur- chase -_rly from the City a.-.d pay therefor, Six Hundred Twenty-Five Th _.- C:�a-s (5625,D00.00)> hereinafter czlled "Purchase rice% to oube pa ' cap- by certified cineck simultaneously with the delivery of the Ip Deed r_- the Property to the Developer. SECTIO. 2. VEYANCE OF PROPERTY f (a ) r_"- 7_ed. The City shall convey title to the Property by deed to tt i Develo,_rw` ,out covenants (hereinafter called "Deed" ). The Developer shat ' ( thin 2.9 de_,s of this Agreement, examine the title that the City is able to ( convey to determine whether or not said title is good, clear , marketable, a( insurable in accordance with the accepted standards for Title Examiners in t'. Commonwealth of I.lassachusetts . This Agreement is subject to Buyer obtaining Policy of title insurance insuring fee title to the premises , free from all encumbrances ;xcept as set forth in this Agreement, to be issued to the Buye by a recognized title insurance company in the standard ALTA owner ' s form Such policy must Je free Of any exceptIOrs which would affect the markEt- ability of residential condominiums on the site , except for, ( i ) Provisions of existing buiidino and zoning Iav�s providing the same are consistent with Section 2(a ) and 4 (a ) herein. ( ii ) Any liens for municipal betterments assessed after the date of the delivery of the Deed. Such conveyance and title shall , in addition to the conditions subsequent pro- vided for in Section II hereof, and to all other conditions , covenants , and restrictions set forth or referred to elsewhere in the Agreement be subject to the following conditions : 1. ) The Developer shall comply with the conditions set forth by the City Council vote dated April 25. 1985. ® 2. ) The Developer shall complete the improvements in accordance with the approved construction plans ; 3. ) The Developer shall comply with all applicable building and zoning laws , rules and reaulations. - 4 . ) The Developer agrees to construct a gravel pathway along the entire ocean front perimeter of the subject, as shown on the approved site plan enti - tled "Collins Cove Condominiums" dated March 22, 1983, Architects ; Claude Miquelle Arch. Assoc. , an appropriate width, not less than four feet wide , so as not to cause damage to the shoreline , which shall be open to the public during the hours of 9:00 a .m. and sunset. The pathway Lay be dated at sunset. No picnicking, loitering , drinking of alcoholic bever- ages , littering , motorcycling, or other such actions shall be allowed on • this walkway or other public easements . No public boating, swimming, fishing, sunbathing , or other such use shall be allowed on the property in conjunction with the use of this walkway. 5.. ) The Developer agrees to construct a new building with docking facilities , on the pier which is presently encumbered with a structure known as the • Crow 11 Club. The Developer agrees to allow owners of the condominiums , residents of Salem and menbers of the Crow 11 Club to use the subject pier facilities , at regularly scheduled hours , on a free basis , for the sole purpose of providing access for small crafts to and from Collins Cove. No public automobile parking or boat storage will be allowed on -2- t,h2 pier unless appro the owner. The Developer further ed in writing by t c n ion of the new structure to " he Crow II Club. The 4 aerePs 'o lase a P ti based upon ` actua ce o constructing reAL Ft operating and maintaining the leased area . to the maximum extent possible , o. ) The Developer shall maintain and preserve natural stands of gees , and shall treat u11 natural and topographical i features in a manner designed to preserve the presently existing natural conditions of the Property consistent with the approved construction plans . g, ) The Developer Shall in, developing its design and site plans comply with the procedures of the City of Salem Planning Board. o. ) The Developer, prior to the date set for delivery of the. Deed shall have val of the City of Salem' s Building In- prepared and received the appro Spector of its final actual construction plans and related documents , ® which approval by the Building Inspector shall not be unreasonably with- held , conditioned or delayed. 10. ) The Developer shall , no later than 30 days Prior to the date set for the delivery of the Deed , submit to the City evidence of construction finznc- ing and/or equity capital , sufficient to complete the improvements . The term "improvements" as used in this Agreement , means the improvements ction documents to be approved by the City defined in the final constru of Salem Building Inspector. the Dev ) days after the eloper and ap- Il. `, The construction of the improvements proposed by proved by the City shall be commenced within ninety (90 date of delivery of the Deed set forth herein shall jbedelcompleted ton accordance with approved plans . In the event the Deed the Developer after the month of September, the Developer shall have the ® on until March of the following option to withhold the start of constructi year. 12. ) The conveyance of the 9.72 acres of tidal flats shall be subject o an easement to the City of Salem to permit the use of said flats for any, and all purposes to which tidal flats may currently be used, including clamming. The City shall have the right , consistent with the Zoning Board of Appeals ' appy"oval , to purchase said flats for 51 .00. It is understood and agreed that neither the city or 11cl1eil 5 Associates shall fill the subject clam flats . -3- o cor,structicn other than zhe dockino facilities at the pier shall be located or performed on or in the said flats , dredging shall be permitted , subject to approval by the appropriate authorities . i - • ) The Developer shall construct no more than 36 units with garzees and a clubhouse on the Property. t he Develcoer agrees to reimburse the City Twenty-three Thousand Dollars I (523 ,000.00) for the demolition and removal of the old health hospital , i provided all the approvals necessary to construct the proposed 36 condo- miniums and clubhouse are granted. 16. ) The Developer will assume the cost of appraisals of the property in the amount of Five Thousand Five Hundred Dollars ($5,500.00) . li. ) The existing two-story, wooden building, known as the Crow II Club, will be demolished by the Developer and replaced with a new clubhouse facility, half of which will be leased to the Crow II Club pursuant to Section 2(2)5 ® of this Aqreement. 18. ) . The City agrees to cooperate with the Developer in obtaining moorings for the subject condominiums pursuant to applicable rules and regulations . 19. ) All development will be limited to the 6. 95 acres of upland area contained in the parcel . 20. ) The cemetery site will , as defined , be restored and retained in per- petuity and public access will be allowed. 21. ) Publjc access to beach areas, as defined, will not be denied. 22. ) Developer will grant to the City a 15-foot permanent and perpetual easement along the eastern boundary from Memorial Drive to the water (or the City will retain ownership in a 15-foot area along the eastern boundary from Memorial Drive to the water) and place no restrictions on public access . e3. ) Developer will construct a gravel path along the entire shoreline and grant the City a permanent and perpetual easement for public access to said path (or the City will retain ownership in 'Isaid path) . 24. ) The Developer and the City agree the aforementioned conditions , as well • as the conditions in the original Agreement , sha',11 be covenants running with the land enforceable against the Developer land its successors and gal assigns and so recited in the deed to the Developer. 25. ) The Developer shall cause to be prepared, by a qualified Massachusetts Eneineer or Surveyor, a plan of the Property suitable for recording at the Essex South District Registry of Deeds . Said plan is to be completed prior to closino. -4- ?lace for velivery and P.cceov tance of Deed. he City shall delier the Deed and possession of the Property to ne Developer_ t 1D:00 a .m. on b � or befcre roar months from the date hereon , or at such ether time or date as the parties hereto may mutually agree in writing „ al--` the Developer shall thereupon accept,.the Deed and join, as grantee , in the execution thereof. Not withstanding anything to the contrary co^twined elsewhere in this Agreement , upon the Developer ' s certification to City that all neces- sary and relevant applications have been filed and actions taken and the same are being diligently processed by the Developer, the time for the performance by the Developer shall be automatically extended to the time needed to complete the determinations defined in Section 4 . (c ) Recordation of Deed. The Developer shall promptly file the Deed for re- cordation among. the land records of the place in which the property is situated. The Developer shall pay tests ( includinoithe cost of the state - I documentary stamp tax on the Deed, for which stamps ! in the proper amount shall be affixed to the Deed by the Developer) for so recording the Deed. SECTION 3. GOOD FAITH DEPOSIT (a ) The Developer has , prior to or simultaneously with the execution of this Agreement, delivered in escrow to the City a refundable Good Faith Deposit of cash or certified check satisfactory to the City in the amount of Twenty-Five Thousand (525,000. 00) Dollars hereinafter called "Deposit" . Upon. the issuance of a valid building permit by the City, an additional refundable Good Faith Deposit .of cash or certified check in the amount of s Twenty-Five Thousand Dollars ($25,000. 00) shall be deposited with the City in escrow. These deposits shall be ( 1 ) applied to Purchase Price at the time set for conveyance of the Deed in Section 2(b) ; (2) or refundable ® to the Developer pursuant to Sections 2(a ) , 4 , and 11 hereon'; or (3) be retained by the City as liquidated damages in accordance with Section lib as the case may be. SECTION 4 . ZONING , FINANCING , AND OTHER DETERMINATIONS Developer' s performance of this agreement is subject to the following con- ditions: (a ) on-ditions: (a ) The final approval of all applicable and/or relevant authorities of all the subdivision and/or site plans and other japplications necessary for the Developer to develop the subject premises to a condominium con:riunity for a minimum of 36 residential units , (and the expiration of all appeal periods and no appeals being taken) . This Agreement is subject to approval pursuant to the Wetlands Protection Act (w.G. L. , Ch 131 , s . 40, as amended) -5- end the Army Corps o? Engineers 1 . a;,;pliCabl e , and the aVa11ab1I1tV of eubIic utilities . This Agreement is subject to Ind contingent upon the Developer being able to obtain a mortgage co�=itment in the a-mount sufti - cient to support the .construction of the approved plans and specifications , and funds being available at the closing for a first mortgage for a con- struction and permanent loan at prevailing market rates , not to exceed 14% from a bank, insurance company, or similar institution. (b) The Crow II Club shall vacate the property simultaneously with the transfer of title referred to herein until such time as the occupancy permit for the new structure is issued and applicable leases executed. (c) It is understood by both parties that the Power Plant is in the process of converting to coal . It is recognized that the Power Plant may have 8 significant adverse impact on the ability of McNeil & Associates to market the proposed condominiums . McNeil & Associates , Inc. shall ® have the right, for a period of sixty (60) days from the date this Agree- ment is executed , to analyze the impact of the conversion to coal at the Power Plant, and determine whether or not said impact is too adverse as to cause the proposal to be unfeasible. In, the event McNeil & Associates determines said impact to be significantly adverse, which determination shall be notified in writing and this Agreement shall be amended by mutual agreement within thirty (30) days or, at the Developer' s option, all Depokits shall be forthwith returned and this Agreement shall become null and void. Neither party shall have recourse against the other. SECTION 5. DEVELOPER'S OBLIGATIONS TO RUN WITH THE LAND The Developer agrees of itself, its successors and assigns , and every suc- cessor in interest to the Property , or any part thereof, and the Deed ® shall contain covenants on the part of the Developer for itself and its successors and assigns , shall promptly begin and diligently complete the Development of the Property. It is intended and agreed, and the Deed shall so expressly provide, that these agreements and covenants shall be covenants running with the land, binding for the benefit of the City, and • enforceable by the City against the Developer and its successors and assions to or of the Property or any interest therein. SECTION 6. CERTIFICATE OF COMPLETION Promptly after completion of the construction of the improvements in accordance with this Agreement , the Building Inspector of the City will furnish the Developer with an appropriate instrument so certifying. The Certification by the Building Inspector shall be (and it shall be so _c_ r'o. �ded In t1he Deed and iii the Certi7lCa=10n ltSeli ) a gond u s I v e deter- '^l nation G- satisfaction and termination of `he covenants in the r.Gree RAE nt and the Deed with re�,Pect to the obligations or the. Develeper and its successors and ass ions to construct the improvements . The Certification shall be in such form as will enable it to be recorded , if the Building 10 ru'O✓�<�(. I�.0 C:.ii i,",.Cl Yip L11.i1�.(iv� ins pzr"fCC Inspector shall`; within twenty (20) days after written request by the Developer, provide the Developer with a written statement indicating in adequate detail how the Developer has failed to complete the construction of the Improvements in conformity with the applicable City of Salem Zoning Ordinance, Building Code or this Agreement , or is otherwise in default , and what measures or acts it will be necessary, in the opinion of the City, for the Developer to take or perform in order to obtain the certifi - cation. Such certification and such determination shall not constitute evidence of compliance with or satisfaction of any obligation of the ® Developer to any holder of a mortgage , or any insurer of a mortgage, securing money loaned to-finance the Improvements or any part thereof. ,1.,1C UCl u pan C�! Said Certification shall not be a requirement relative to the sale"of J individual units during construction, provided the Developer is proceeding with the construction, consistent with market conditions[. Occ'7rw,ey er,Tii,Pcrfe9Nrr fo UL' ,53„ed cu✓ •u�, e:i l,.,n/un•'/S SECTION 7. NON-DISCRIMINATION me The Developer agrees for itself, and its successors and assigns , and every successor in interest to the Property, or any part thereof, and the Deed shall contain covenants on the part of the Developer for itself, and its successors and assigns , that the Developer and its successors and assigns shall not discriminate upon the basis or race , color, creed , or national oriein in the sale , lease , or rental or in the use or occupancy of the. S Property of any improvements located or to be erected thereon, or any part thereof. SECTION 8. COVENANTS BINDING UPON SUCCESSORS IN INTEREST: PERIOD OF DURATION It is intended and agreed, and the Deed sh?.11 so expressly provide, that the covenants provided in Section 2, 5, and 7 shall be covenants running with the land binding to the fullest extent permitted by the law and equity for the benefit and in favor or , and enforceable by the City. It is further intended and agreed that the covenant provided in Section 7 shall remain in effect without limitation as to time . -7- u• +.OP,T GA.GEES NOT 03LIGAiED TO CONST"UC j+'otwithstanding any of the provisions of tills A.Qree�lent, include ng but c limited to those which are intended to be covenants running with the land , the holder of any mortgage authorized by this Agreement ( including any holder who obtains title to the Property or any part thereof, but not including (2) any other party who thereafter obtains title to the Property or such part from or through such holder or (b) any other purchaser at foreclosure sale other than the holder of the mortgage itself) shall not be obligated by the provision of this Aoreement to construct or complete the construction, nor shall any covenant or any other provision in the Deed be construed to so obligate such holder. Nothing in this Section or any other Section or provision of the Agreement shall be deemed or con- strued to require any such holder to devote the Property or any part thereof to any uses or improvements provided or permitted in the City of Salem Zoning Ordinance, and this Agreement. ® .iECTION 10. ENFORCED DELAY IN PERFORMANCE Neither the Developer, nor any successor in interest, shall be considered in breach , or default of, its obligations with respect to the preparation of the property for development or the commencement and completion of construction of the Improvements , in the event of enforced delay in the performance of such obligations due to unforseeable cause beyond its control and without its fault or negligence. The time for the performance of the obligations shall be extended for the period of the enforced delay, as determined by the Building Inspector, if the party seeking the extension shall request it in writing of the other party within twenty (20) days after the beginning of the enforced delay. SECTION 11. REMEDIES ® (a) In General . Except as otherwise provided in this Agreement, in the event of any default in or breach of the Agreement , or any of its terms and conditions , by either party hereto, or any successor to such party, such party (or successor) shall , upon written notice from the other, proceed immediately to cure or remedy such default or breach , and , in any event, within sixty (60) days after receipt .of such notice. In case such action is not taken or not diligently pursued , or the default or breach shall not be cured or remedied within a reasonable time , the aggrieved party may institute such proceedings as may be necessary or desirable in its opinion to cure and remedy such default or breach , -8- including , but not limited to , proceedings to compel specific performance by the party in default or breach of its obligations . (b) Prior to Conveyance. In the event that prior to the conveyance of the property to the Developer from the City, the Developer assigns or attempts to assign this Agreement or any rights 'hereunder , to an entity not controlled by the Developer, or there is any substantial change in the ownership or distribution of the stock of the Developer or with respect to the identity of the parties in control of the Developer or the decree thereof, or the Developer fails to pay the Purchase Price and take title to the Property upon tender of conveyance by the City, or fails to comply With the conditions set forth in Section 2 herein, then this Agreement and any rights of the Developer in this Agreement may at the option of the City be' terminated by the City provided that the Ctiy has given the ® Developer thirty (30) days notice to enable the Developer to comply with the applicable provisions , and the Deposit retained by the City as liquidated damages , and retention of such deposit shall be the City' s sole and exclusive remedy. In the event that the Developer is unable , after diligent effort to comply with Section 2(a� , 4 , and 14 , herein, then this Agreement, shall at the option of the Developer be terminated by the Developer and the Deposit returned without interest, to the Developer, and this Agreement shall be null and void , and neither party shall have recourse against the other. SECTION 12. CONFLICT OF INTEREST: CITY ' S REPRESENTATIVES NOT INDIVIDUALLY LIABLE No member, official , or employee of the City shall have any personal interest in this Agreement, nor shall any such member , official , or employee partici - pate in any decision relating to this Agreement which affects his personal . interests or the interests of any corporation , partnership or association in which he is , directly or indirectly, interested. No member, official or employee of the City shall be personally liable to the Developer or any successors or any obligation under the terms olf this Agreement. i SECTION 13. PROVISIONS 140T MERGED 14ITH DEED • No Provision of the Ayreemen.t is intended to or shall be merged by reason of any deed transferring title to the Property from the City to the Developer, or any successor in interest , and any such deed shall not be deemed to affect or impair the provisions and covenants of this Agreement. _o_ ��TiON 14 . CONDITIONS The performance of the Developer of the Terms and Conditions set forth herein are conditioned upon the following: The granting by the authorized municipal boards or officials of all permits and/or variances necessary for the completion of the construction of the project. SECTION 15. MUTUAL RELEASES Upon delivery and acceptance of the deed as outlined in Section 2(b) , the City and the De-veloper agree to execute mutual releases absolving each other from any liability which may have occurred in the past regarding prior agreements regarding the Property. SECTION 16. COUNTERPARTS The Agreement is executed in six counterparts , each of which shall con- stitute one and the same instrument. IN WITNESS THEREOF, the City has caused this Agreement to be duly executed in its name and behalf by the Mayor and its seal to be hereunto duly affixed and attested and the Developer has signed and sealed the same on or as of the day and year first above written. ATTEST CITY OF SALEM IN THE PRESENCE OF: BY: t ' Anthony V. SaYvo , Mayor APPROVED AS TO FOR14: McNEIL 8 ASSOCIATES, INC. By: A�4 t4ichael E. O' Brien, Alexander H. President City Solicitor d -10- o Jit.�.trn �• (� �MIeE /V4.Q CITY ISAOF SALUSE S Mr01 SA4 IVgSS JEAN A. 1—EVE50UE MAYOR December 14, 1982 John A. Potorski , President Crow II Club 78 Gardner Street Peabody, Massachusetts 01960 Re: Expired Leasehold at Memorial Drive Dear President Potorski : As you know, the City of Salem has permitted your organization to continue to maintain its headquarters building at Memorial Drive since the expiration of your lease on April. 14, 1975• As you also know, preparatory to the sale of the land formerly leased to you and the land occupied by the former Ctiy Health Hospital , my office has explored possible alternative sites which might be available to the Crow II Club, including the lease or sale of available municipally-owned property. Unfortunately, our efforts have not been rewarded with success , and the City no longer has the luxury of time if it is to be successful in marketing the site. Ownership of the building on the site reverted to the City of Salem at the termination of the lease according to its terms. `I am directing the Building_, Inspector to request bids for the demolition of the building since its presence represents an insurmountable obstacle to the sale of the land. Please make arrangements to remove the Club' s and its members' personal property within the next thirty (30) days. will direct involved city departments to continue to cooperate with you in your effort to relocate within the City of Salem. If you have any questions please contact me. If for any reason the personal property cannot be removed within thirty (30) days, please let me know the reason or reasons why noi, and your proposed schedule of removal . ery truly yours, Jean A. Levesque Mayor • Certified Mail Return Receipt Requested JAL/smc