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' GROUND LEASE <br /> THIS AGREEMENT made this day of , <br /> 1986 , 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 to as "City" . <br /> WITNESSETH: <br /> 1 . LEASED PROPERTY. The School District does hereby lease <br /> to City the property described as follows : <br /> The Southwest Quarter of the Northwest Quarter <br /> of Section 27 , Township 31 , Range 22 , Anoka <br /> County, Minnesota <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 /> pose without the express written approval of the School District . <br /> The City shall have the right to construct and install park and <br /> recreational equipment on such premises and may remove same upon <br /> termination of this lease, leaving the property of the School <br /> District in substantially the same condition as existed at the <br /> time of commencement of this Lease, except for improvements which <br /> the School Board agrees to accept in writing. <br /> School District reserves the right to mine and/or <br /> remove any and all minerals , natural gas or oil found in, on or <br /> under the leased premises during the term of this Lease, and all <br /> such minerals , natural gas or oil shall remain the exclusive pro- <br /> -1 - <br />