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e <br />li <br />mi 1. 1 ,\rn <br />Agree;,;en., .Made and entered into by, ana between <br />tr,e %ctrc c .. an Sewer Board (hereinafter called the Board) , the <br />Vi1J.a;^e of Oakdale (i:ereina£ter caller Oakdale), the Village <br />oJ; Woodbury (::ereinafter called Woodbury) and the Village of <br />Lake E1,= (here-7...after called Lake: El;no);. <br />WITNESSETH THAT, in the joint and mutual exercise of <br />their powers and in consideration of the mutual covenants herein <br />contained, the parties hereto recite and agree as follows: <br />Section 1, Recitals. <br />Minnesota Laws 1969, Chapter 449, Section 5, Sub- f <br />division 3, terminated the existence of the Northdale, East I <br />Oakdale, Oakdale and Woodbury Joint Sanitary Sewer Board <br />(hereinafter called W.O.N.E.) as of January 1, 1971, and vested <br />in the Board ownership of all assets and property owned by <br />A <br />W.O.N'.E. <br />Section 2. Transfer of'Assets. <br />2.01. General Assets. W.'O.N;E. will give to the <br />Board instruments transferring to the Board all of its right; <br />title and interest in and to such assets and property; and <br />Oakdale, Woodbury and Lake Elmo (the Municipalities) will give. <br />( <br />.THIS AGREEMENT CONSISTING OF FIVE PAGES AND EXHIBITS "A' I'B"&"C" IS AN <br />,ATTACHMENT TO RESOLUTION R-72,2 OF THE VILLAGE,'OF LAKE ELMO. <br />