Oval Road Easement

Aliled Corporation P.O. Box 245A. ‘Morristown, NJ 7860-2246 _ “at “Decenber 5; 1986 ‘Essex Fells, New Jersey ‘West’ Essex Highlands “ 1640 Vauxhall Road ” Union, New Jersey 07083 -Gentemen: - +s this Letter Agreement is intended to memorialize certata undgtefandings which we have reached concerning the roadway commonly known as Oval Road in West Orange, New Jersey which abuts our respective properties. West Essex Highlands, a New Jersey corporation, ("West Essex") proposes to develop certain property owned by it to the rear of the . Allied Corporation, formerly Allied Chemical Corporation, a New York te corporation ("Allied"), premises known as Pleasantdale Farm. In order to develop such property, West Essex requires access to Eagle Rock Avenue ‘over and across Oval Read, which roadway will have to be widened to meet the requirements o£ various governmental bodies and agencies. 7 . While there is not total agreement as to the facts, it appears that certain portions of Oval Road may have been previously’ dedicated as” public roadway. Xt does not appear, however, that the Township of West Orange has ever accepted any such dedication. Jt is agreed, however, - that the present alignment of the roadway is not satisfactory to any of the parties and that a new alignment will be far more desirable to all 2. parties. . sae 7 soho as Pas ete x a . Attached to this Letter Agreement as Schedule A is a new alignment of Oval'Road which we have mutually agreed to and accepted, In ;° + + ‘ order to implement the realignment of Qval Road, we have agreed to the . following steps: 1, We will jointly request the Municipal Council of West Orange 7 to vacate any and all previous dedications of the existing Oval Road ’ right o£ way. . . 2, We will each execute such deeds as my be required to : dedicate Qval Road aligned as shown on Schedule A and request the Township of West Orange to accept such dedication. All work to improve Oval Road in, accordance with the new alignment shall be performed by West Essex at its sole cost and expense. In so doing, West Essex shall scrupulously install all fencing, curbing and other improvements shown on Schedule A. All work shall be done in a -good and workmanlike manner and in accordance with all legal oo. requirements. West Essex shal) protect the premises and properties of Aah i % \ Sinha 21gg%e ‘Bis ta