K-3 - Recorded Subdivider Docs

Conditional Dedication and Conveyance The undersigned, RA Holdings, LLC, (hereinafter “Purchasers” and/or “Subdividers”) are purchasing real estate from the undersigned Joseph Johnston and Amanda Potterfield, husband and wife (hereinafter “Owners”), who are the current Owners of certain real estate situated in Tiffin, Johnson County, Iowa, as depicted and legally described on the final plat of Johnston-Potterfield Subdivision – Part 2, Tiffin, Johnson County, Iowa. The above Owners and Purchasers have applied for approval of the final plat of subdivision of the property to be known as R and A Condominiums Addition a Resubdivision of Lot 6 of the Johnston – Potterfield Subdivision Part 2, Tiffin, Johnson County, Iowa. Subject to the conditions stated below, and in consideration of the City of Tiffin approving the Final Plat of R and A Condominiums Addition a Resubdivision of Lot 6 of the Johnston – Potterfield Subdivision Part 2, Tiffin, Johnson County, Iowa, without requiring the installation of paved concrete streets to City design standards at this time, the undersigned hereby dedicate, grant and convey to the City of Tiffin, Iowa, a municipal corporation (hereinafter “City”), in fee simple the south 66.0 feet of Lot 1, as shown on the Final Plat of R and A Condominiums Addition a Resubdivision of Lot 6 of the Johnston – Potterfield Subdivision Part 2, Tiffin, Johnson County, Iowa, specifically including that part thereof directly south of the 45.0 foot wide access, utility, and watermain easement on said final plat, and specifically including Lilac Street. This Dedication and Conveyance is conditional, and shall become effective only after the City has filed a certified copy of the City of Tiffin City Council resolution accepting the dedication and conveyance of the above property, either in whole or in part, in the Johnson County Recorder’s Office. Owners and Purchasers, and their successors and assigns, are responsible for any surveying expenses to complete the conveyance. Until such resolution is recorded, the Owners and Purchasers and their successors or assigns shall be responsible for all improvements and maintenance of the property. Upon the recording of the resolution, the property shall be the City’s, and the City shall not owe any further payment to the Owners or Purchasers or their successors or assigns for any improvements made.