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GOLF COURSE HOLD HARMLESS AND EASEMENT AGREEMENT <br /> 4111 <br /> THIS GOLF COURSE AGREEMENT dated this day of , <br /> 1996, is made by and between BLAINE BROTHERS, INC. , a Minnesota <br /> corporation ( "Company") and the CITY OF MOUNDS VIEW, a municipal <br /> corporation ( "City") . <br /> RECITALS <br /> A. The City owns the real property and operates thereon a <br /> municipal golf course commonly known as The Bridges Golf Course, <br /> legally described on Exhibit A attached hereto (the "Golf Course") . <br /> B. The Company owns the real property adjacent to the Golf <br /> Course legally described on Exhibit B attached hereto (the "Company <br /> Property") and intends to park vehicles and store equipment on the <br /> Company Property in the vicinity of the Golf Course. <br /> C. The Company is required to obtain approval from the <br /> Blaine Planning Commission and Blaine City Council for rezoning <br /> necessary for the use of the Company Property. <br /> D. The City has objected to the Blaine Planning Commission <br /> and Blaine City Council to such rezoning. <br /> E. The City is willing to withdraw its objections to the <br /> proposed use of the Company Property provided that the Company <br /> enters into this Agreement. <br /> NOW, THEREFORE, for One Dollar and other good and valuable <br /> consideration, the parties hereto agree as follows: <br /> 1 . The recitals are made a part of this Agreement. <br /> 2. Upon execution of this Agreement, the City will send <br /> written notification to the City of Blaine withdrawing the City's <br /> 1111 <br /> objection to the Company's proposed use of the Company Property. <br /> L)M103830 <br /> MU125-50 1 <br />