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Exhibit 3 <br />PUBLIC STREET, PEDESTRIAN TRAIL, DRAINAGE & UTILITY EASEMENT <br />AGREEMENT <br />KNOW ALL MEN BY THESE PRESENTS, for valuable consideration, PSG, LLC, a <br />State of Minnesota limited liability company, "LANDOWNER", hereby grants, sells, and <br />conveys to the CITY OF RAMSEY, a Minnesota municipal corporation, "CITY", a <br />perpetual easement for the public purposes described in paragraph 1. below, including, without <br />limitation, the construction, maintenance, repair and replacement thereof, and uses incident <br />thereto, in, over, under and upon the real property, in Anoka County, Minnesota described as <br />follows: <br />See attached Exhibit A for legal description <br />(the "Easement Area") <br />EXEMPT FROM STATE DEED TAX <br />7. The Easement Purposes. The Easement shall be used for the following public purposes: <br />a. Trail Easement. The Easement Area shall be for pedestrian trail purposes to be used <br />exclusively for outdoor recreation and commuter activities including, but not limited <br />to, walking, jogging, skating, biking, and uses mandated by state law including, but <br />not limited to, electric personal assistive devices. Motorized vehicles used by the <br />City for maintenance, law enforcement or other public uses will be permitted. The <br />trail easement shall not be used by other motorized vehicles, or by all terrain <br />vehicles, or by snowmobiles, and the trail easement shall not be used for horseback <br />riding. No structures, obstructions or fences shall be allowed in the trail easement <br />area unless written approval is granted by the CITY. <br />b. Public Street and Right -of -Way. The Easement Area shall be used for the purposes <br />of construction, maintenance, repair and/or replacement of a public street and road <br />right-of-way and uses incident thereto. <br />