Resolution authorizing the Mayor and City Clerk to execute an easement in connection with the installation of electric facilities by BNSF Railway Company.

BNSF Railway Company has installed an underground electric service line to provide power to their railroad switch facilities.

A property previously owned by CBEC Railway and part of a railroad right-of-way was given to the City as a condition of the CBIS Railroad Consolidation Agreement. The subject parcel is adjacent to the BNSF right-of-way and located between the rail facilities and the electric facilities owned by MidAmerican Energy.  The easement has been prepared based on the actual as-built location of the underground power conduits.

The perpetual, non-exclusive electric easement allows BNSF Railway Company to construct, place, operate, maintain, alter, renew, improve and remove electrical lines above, below, and on the surface of the premises.

The easement is located in a strip of land 20 feet in width being a portion of the Southwest Quarter of the Northeast Quarter, Section 07, Township 74 North, Range 43 West of the 5^th Principal Meridian, City of Council Bluffs, Pottawattamie County, Iowa.

The easement area is 1,610 Square Feet (0.037 Acres).  An exhibit is attached detailing the location and legal description of the easement.

Iowa DOT has agreed to compensate the City in the amount of $2,000 in exchange for granting the easement to BNSF.

Approval of this resolution.