05/22/1995 Council Packet - Laserfiche WebLink

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MAY 12 '95 16:21 MET C -GEN COUNSEL P.3 CONVEYANCE AGREEMENT THIS AGREEMENT, made and entered into by and between Metropolitan Council (hereinafter called the Council), and the City of Lino Lakes (hereinafter called Municipality); WITNESSETH THAT, in the joint and mutual exercise of their powers and in consideration of the mutual covenants herein contained, the parties hereto, recite and agree as follows: Section 1. Council Action_ The Council, by its Council Action No. A 2E, determined to convey the ownership of a portion of the Interceptor described in Section 2 hereof which is owned and operated by the Council, and directed that all of its right, title, and interest in and to such portion of the interceptor should be transferred to the Municipality as of the date listed in Section 2 hereof tether, the Metropolitan Council, by its Resolution No. 88-53 dated September 8, 1988, has approved the reconveyance to local units of government of the interceptors which no longer have a role in providing metropolitan -level sanitary sewer services. Section 2. Transfer of Interceptors The Council will transfer to the Municipality, by quit claim deed or other appropriate instruments of conveyance in form satisfactory to the Municipality, all of its right, title, and interest in and to the portion of MCWS Interceptor Project 76-50 described in Exhibit A, which is attached hereto, and any permits licenses, easements and other property rights which it has and which are necessary for the location, operation and repair of the portion of such interceptor. The Council will transfer such portion of Interceptor No. 76- 50 upon determination that MCWS Project 91-06 is fully operational. The Council anticipates that project 91-06 will be fully operational no later than December 31, 1996. Section 3. The Council will convey and Municipality agrees to accept the portion of the interceptor described in Exhibit A in "as is" condition, i.e., the condition the interceptor is in as of