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  2. Board Of Aldermen - Agenda - 4/27/2021 - P149

Board Of Aldermen - Agenda - 4/27/2021 - P149

By dnadmin on Mon, 11/07/2022 - 07:03
Document Date
Fri, 04/23/2021 - 15:22
Meeting Description
Board Of Aldermen
Document Type
Agenda
Meeting Date
Tue, 04/27/2021 - 00:00
Page Number
149
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__042720…

RECIPROCAL EASEMENT AGREEMENT

This RECIPROCAL EASEMENT AGREEMENT (this “Agreement”) is entered into as of
the _ day of April, 2021 (the “Effective Date”), by and among City of Nashua (hereinafter
"City"), a municipal corporation with a principal place of business of 229 Main Street, Nashua,
New Hampshire 03060 (the “City”), and 141 Burke Subsidiary LLC, a New Hampshire limited
liability company, having an address 124 Joliette Street, Manchester, New Hampshire 03105 (the
“141 Property Owner’).

BACKGROUND

A. The City is the owner of that certain improved parcel of land located in Nashua,
New Hampshire, and commonly known as 143 Burke Street, and now identified on the City of
Nashua tax maps as Map 11-161, as more particularly described on EXHIBIT A-1 attached hereto
and made a part hereof (the “City Land” and together with any improvements now or hereafter
located thereon, the “City Property”).

B. 141 Property Owner is the owner of that certain improved parcel of land located in
Nashua, New Hampshire, and commonly known as 141 Burke Street, and now identified on the
City of Nashua tax maps as Map 11-158, as more particularly described on EXHIBIT A-2 attached
hereto and made a part hereof (the “147 Land” and together with any improvements now or
hereafter located thereon, the “747 Property”, and together with the City Property, the “ZLand’).

On The City and the 141 Property Owner intend hereby to grant certain easements for
vehicular and pedestrian access and egress, and construction of certain site improvements for the
mutual benefit of the City Property and the 141 Property subject to the terms and conditions set
for the herein.

AGREEMENT

NOW, THEREFORE, in consideration of the mutual covenants contained herein and for
good and valuable consideration paid, the receipt and sufficiency of which are hereby

Page Image
Board Of Aldermen - Agenda - 4/27/2021 - P149

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