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• <br />• <br />r <br />Minnesota Wetland Conservation Act <br />Consent and Subordination Agreement for Wetland Bank <br />This Consent and Subordination Agreement is made this day of , 2015, by the undersigned. <br />RECITALS <br />A. The land known as Wollan Estates in the City of Lino Lakes, County of Anoka, was platted in 1980 and includes a parcel known <br />as Outlot A. <br />B. Outlot A was platted with a drainage easement over an existing wetland, as well as drainage and utility easements along the <br />eastern and southern edges, all dedicated to the public. <br />C. The City of Lino Lakes subsequently acquired fee title to Outlot A. <br />D. The City intends to restore or create, or has restored or created, a Wetland Bank on Outlot A, except for that area <br />encompassed by the existing Minnesota Pipe Line Easement as shown on the plat, (net area referred to herein as the <br />Wetland Bank Property") to provide for wetland mitigation or to establish wetland credits under Minnesota Statutes, section <br />103G.222, and Minnesota Rule 8420.0530. <br />CONSENT AND SUBORDINATION <br />The City, on behalf of the public, consents to the creation of the Wetland Bank. The undersigned acknowledges that the <br />public's interest in the Wetland Bank Property on which the Wetland Bank is located is subject to all federal, state and local laws and <br />regulations regarding wetlands, including a Perpetual Conservation Easement ("Easement") to which this Consent and Subordination <br />Agreement is attached. The City also agrees that all interest in the Wetland Bank Property will be subordinate to the provisions in <br />said Easement. The City, as the fee title holder named above, has full right to hold and dispose of all wetland credits associated with <br />the Wetland Bank Property. <br />IN TESTIMONY THEREOF, the undersigned municipal corporation has caused this instrument to be executed in its <br />corporate name by Jeff Reinert, its Mayor, and Julianne Bartell, the City Clerk, on this day of <br />, 2015. <br />City of Lino Lakes <br />(Name of Corporation) <br />By By <br />Its Mayor Its City Clerk <br />STATE OF MINNESOTA <br />)ss <br />COUNTY OF ANOKA <br />ACKNOWLEDGMENT <br />The foregoing instrument was acknowledged before me this <br />day of , 2014, <br />by Jeff Reinert, Mayor and by Julianne Bartell, City Clerk, for the City of Lino Lake, a municipal corporation under the laws of <br />Minnesota, on behalf of the corporation. <br />(Notary Stamp or Seal) <br />This instrument was drafted by: <br />Board of Water and Soil Resources <br />520 Lafayette Road <br />St, Paul, MN 55155 <br />Notary Signature <br />My Commission expires on <br />