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AGENDA ITEM 4 ' <br /> GROUND LEASE <br /> THIS AGREEMENT made this 23rd day of February , <br /> 1987 , by and between Independent School District No. 12 , a public <br /> corporation of the State of Minnesota, hereinafter referred to as <br /> "School District" , and the City of Lino Lakes , a municipal cor- <br /> poration, hereinafter referred tofas "City" . <br /> WITNESSETH: <br /> 1 . LEASED PROPERTY. The School District does hereby lease <br /> to City the following described property in Anoka County, <br /> Section 27 Range 31 and Township 22 <br /> Beginning at a point of intersection of the <br /> north right-of-way line of CSAH 10 (Birch <br /> Street) and the north-south centerline of <br /> Section 27 . <br /> Thence north along the north-south centerline <br /> of Section 27 a distance of five hundred <br /> (500) feet; then west along a line parallel <br /> to and five hundred (500) feet north of the <br /> north right-of-way line of CSAH 10 a distance <br /> of nine hundred (900) feet; thence south <br /> along a line parallel , to and nine hundred <br /> (900) feet west of the north-south centerline <br /> of Section 27 a distance of five hundred <br /> (500) feet to a point of intersection with <br /> the north right-of-way line of CSAH 10 ; <br /> thence east along the north right-of-way line <br /> of CSAH 10 ; a distance of nine hundred (900) <br /> feet to the point of beginning. <br /> 2 . USE OF PREMISES. The City agrees that the premises <br /> shall be used only for park and recreational purposes . The City <br /> shall not have the right to use the premises for any other pur <br /> n <br /> -1 - <br />