03-24-2021 Council Packet - Laserfiche WebLink

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DB04/0828208.0017/13868514.5 1 SPACE ABOVE THIS LINE FOR RECORDER’S USE EASEMENT AGREEMENT THIS EASEMENT AGREEMENT (this “Agreement”) is made as of _______, 2021, by and between the CITY OF LITTLE CANADA, a Minnesota municipal corporation (“Grantor”), and FIVE STAR MOBILE ESTATES LIMITED PARTNERSHIP, a Missouri limited partnership (“Grantee”). WHEREAS, Grantee owns that certain real property located in Ramsey County, Minnesota, legally described on Exhibit A attached hereto and made a part hereof (the “Benefited Property”); WHEREAS, Grantor owns that certain real property located in Ramsey County, Minnesota, legally described on Exhibit B attached hereto and made a part hereof (the “Burdened Property”); WHEREAS, Five Star Mobile Estates, a manufactured home park, was constructed on the Benefited Property and includes a system of private streets a portion of which runs through the Burdened Property and provides a route of ingress and egress between the Benefited Property and Twin Lake Boulevard (formerly Owasso Boulevard) (such portion of the private streets hereinafter the "South Portion of Bankers Drive"); WHEREAS, Grantee has requested and Grantor is willing to grant an easement to Grantee over a portion of the Burdened Property for purposes of using and maintaining the South Portion of Bankers Drive for ingress and egress to and from Twin Lake Boulevard. NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged by the parties, Grantor and Grantee agree as follows: 1. Grant of Easement. Grantor hereby grants and conveys to Grantee a perpetual, non-exclusive easement, for the benefit of and appurtenant to the Benefited Property, over, across, under and through that portion of the Burdened Property legally described on Exhibit C hereto and depicted on Exhibit D hereto (the "Easement Area"), for purposes of vehicular and