02-28-2022 City Council Packet - Laserfiche WebLink

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5. Discharge of Lis Pendens. The City will promptly discharge the Lis Pendens after the execution of this Settlement Agreement and record the discharge, followed by the Quitclaim Deed, followed by the Drainage and Utility Easement. 6. Final Certificate. The Final Certificate to be filed in the action and recorded pursuant to Minn. Stat. § 117.205 shall reflect that the Condemnation Action has been dismissed with respect to Parcel 1 and that no permanent rights have been obtained by way of the Condemnation Action. 7. Stipulation Regarding Quick -Take Deposit. The Parties shall execute the stipulation attached as Exhibit D. The City will not file the stipulation until after the payment discussed in Section 4 above has been received by Peltier. 8. Entire Agreement. This Settlement Agreement constitutes the entire agreement of the Parties as to the subject matter contained herein. The undersigned acknowledge that there are no communications or oral understandings contrary, or that in any way restrict, this Settlement Agreement, and that all prior agreements or understandings within the scope of the subject matter of this Settlement Agreement are, upon the execution and delivery of this Settlement Agreement, superseded, null and void. 9. Interpretation. This Settlement Agreement has been reached through negotiations between the Parties. Neither Party shall assert that this Settlement Agreement be construed against the "drafter" of the same. The Parties have used their own judgment in entering into this Settlement Agreement. 10. Execution by Facsimile Signatures and in Counterparts. The Parties agree that facsimile signatures or signatures delivered by any other electronic means shall have the same force and effect as original signatures. This Settlement Agreement may be executed in one or -3-