01-09-2023 City Council Packet - Laserfiche WebLink

Home Search

{00394852 3} 1 AGREEMENT FOR RECIPROCAL DRIVEWAY EASEMENT This AGREEMENT FOR RECIPROCAL DRIVEWAY EASEMENT (the “Agreement”) is made this day of___________, 202__ (the “Effective Date”), by and between City of Lino Lakes, a Minnesota municipal corporation (“City”), and Watermark Master Homeowners Association, a Minnesota nonprofit corporation (“HOA”). City and HOA may be individually referred to herein as a “party” or “Owner” or collectively as the “parties” or “Owners.” RECITALS A. City is the fee owner of real property in the City of Lino Lakes, Anoka County, Minnesota, legally described as Outlot C, WATERMARK 4TH ADDITION, according to the recorded Plat thereof (“City Parcel”). B. HOA is the fee owner of real property in the City of Lino Lakes, Anoka County, Minnesota, legally described as Lot 1, Block 3, WATERMARK 4TH ADDITION, according to the recorded Plat thereof (“HOA Parcel”). City Parcel and HOA Parcel may be individually referred to herein as a “Parcel” or collectively as the “Parcels.” C. The Owners desire to share use of a driveway (the “Driveway”) that will be located upon and serve portions of City Parcel and HOA Parcel in a location that is generally depicted as the “Driveway Easement Area” on EXHIBIT A, attached hereto and incorporated herein (the “Driveway Easement Area”). D. The Owners desire to grant to each other rights of access for vehicular and pedestrian ingress and egress over the Driveway Easement Area located on their respective parcels. AGREEMENTS NOW, THEREFORE, in consideration of the foregoing recitals, the mutual promises and covenants set forth herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby expressly acknowledged, the parties agree as follows: