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<br />administrator evidencing the termination and satisfaction of this <br /> <br />Agreement. <br /> <br />m.Park Dedication and Trail Development. That Park Dedication and Trail <br />Fees are satisfied by cash payment at the time of Final Plat Recording. This <br />Agreement includes a Memorandum of Understanding that the <br />PERMITTEE <br /> shall secure from 21st Century Bank, owner of Outlot A, <br />ndst <br />Brookfield 2 Addition, written concurrence that 21 Century Bank will <br />provide a perpetual trail easement from a publically accessible point within <br />BROOKFIELD 2ND ADDITION, generally westward to the City Trail <br />Corridor adjoining 21st Century Bank's holdings for the purpose of future <br />construction of the Trott Brook Trail. Park Dedication and Trail Fee <br />proceeds from the Plat will be applied to the Trott Brook Trail, with the City <br />applying for grant funds to supplement the Park Dedication and Trail Fee <br />'gap' in funding the Trott Brook Trail west of the Brookfield Addition(s). <br />The requested easement is depicted as Exhibit C, attached hereto. <br /> <br /> <br />n.Notices. Required notices shall be in writing, and shall be either hand <br />delivered to the Parties, its employees or agents, or mailed to them by <br />certified or registered mail at the following address: <br /> <br />TO PERMITTEE: <br />BROOKFIELD LAND, LLC <br />Attn: Barry Blaine Onufrock, Chief Financial Manager <br />14015 Sunfish Lake Blvd. NW <br />Ramsey, MN 55303 <br />TO THE CITY: <br />City of Ramsey <br />Attn: Community Development Director <br />7550 Sunwood Drive NW <br />Ramsey, MN 55303 <br /> <br />\[The remainder of this page is intentionally left blank.\] <br /> <br /> <br />