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I. The Applicant shall execute a shared -parking arrangement with the future owners of the <br />former Lake Elmo Bank Building that will allow any future tenants of this building to use the <br />parking lot to be retained by the Applicant during time periods when the parking lot is not <br />used by the Applicant. The agreement shall be drafted to be reciprocal regarding the use of <br />the parking stalls that will be retained by the future owners of the fon-ner Lake Elmo Bank <br />Building. <br />2. The applicant shall provide for a drainage easement across the storm water infiltration area <br />that collects storm water runoff from both of the parcels to be created by the lot split. <br />Passed and duly adopted this Sth day of February 2013 by the City Council of the City of Lake <br />Elmo, Minnesota, <br />Michael P son, Mayor <br />ATTEST: <br />y� <br />A axe Bell, City Clerk <br />RESOLUTION 2013-07 <br />