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SPACE ABOVE THIS LINE FOR RECORDER'S USE <br />PREPARED BY AND WHEN <br />RECORDED MAIL TO: <br />Sherman Associates, Inc. <br />233 Park Avenue South <br />Suite 201 <br />Minneapolis, MN 55415 <br />UTILITY EASEMENT AGREEMENT <br />THIS EASEMENT AGREEMENT (this "Agreement ") is entered into as of the <br />day of , 2005, between the Economic Development Authority of the City of <br />Little Canada, a body corporate and politic established under Minnesota Statutes Chapter 469 (the <br />"EDA ") and The Village at Little Canada LLC, a Minnesota limited liability company <br />( "Developer "). <br />RECITALS <br />A. The EDA is the fee owner of certain real property in the City of Little Canada, <br />Ramsey County, Minnesota, legally described on Exhibit A attached hereto (the "EDA Property "). <br />13. Developer is the fee owner of certain real property in the City of Little Canada, <br />Ramsey County, Minnesota, legally described on Exhibit B attached hereto (the "Developer <br />Property "). <br />C. Developer desires to obtain certain easements from the EDA for the construction <br />and maintenance of utilities for the benefit of the Developer Property, and the EDA is agreeable to <br />such request pursuant to the terms and conditions of this Agreement. <br />NOW THEREFORE, in consideration of the foregoing recitals and other good and <br />valuable consideration, the parties agree as follows: <br />- 1 2 - <br />