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Resolution 8454
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Resolution 8454
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Last modified
6/25/2019 10:09:05 AM
Creation date
9/16/2015 12:49:18 PM
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MV City Council
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Resolutions
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x ) 4 ,8,7- I <br /> ASSIGNMENT OF LIMITED USE AGREEMENT <br /> THIS ASSIGNMENT OF LIMITED USE AGREEMENT("Assignment") is entered into <br /> this day of , 2015, by and between Margaret Krig and Gary Krig ("Assignors") <br /> and Jeremy J. Haugen and Laurie J. Haugen, ("Assignees"). <br /> WHEREAS, Assignors entered into a limited-use agreement ("Agreement") with the City <br /> of Mounds View ("City") on , 2015 and recorded in the office of the <br /> Recorder/Registrar of Titles on , 2015 as Document# ; and <br /> WHEREAS, the City granted Assignors a limited right to maintain an in-ground <br /> swimming pool and related infrastructure within a utility and drainage easement held by the City; <br /> and <br /> WHEREAS, that Agreement allowed Assignors to assign their rights under the <br /> Agreement only with written approval from City; and <br /> WHEREAS, Assignors now desire to sell their property, including this Assignment to <br /> Assignees; and <br /> WHEREAS, the City approves this Assignment on the basis that Assignee accepts and <br /> acknowledges that it is bound by all terms and conditions contained in the original Agreement. <br /> NOW, THEREFORE, on the basis of the foregoing and upon the mutual undertakings <br /> and promises herein contained,the parties hereto stipulate and agree as follows: <br /> 1. Assignment. Assignors agree to assign all rights contained in the prior <br /> Agreement to the Assignee upon closing on the sale of the property legally described in Exhibit <br /> A attached hereto. <br /> 467548v2 AMB MU210-5 <br />
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