Agenda - Council - 07/28/2015 - Laserfiche WebLink

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EASEMENT AGREEMENT THIS EASEMENT AGREEMENT (this "Agreement") is made this day of , 2015, by and between CB Ramsey Housing Limited Partnership, a Minnesota limited partnership (the "Grantor") and the City of Ramsey, Minnesota (the "Grantee"). Recitals A. Grantor is the fee owner of certain real estate (the "Property") in Anoka County, Minnesota, described as follows: Lot 1, Block 1, Sunwood Village, Anoka County, Minnesota. B. Grantee has requested a permanent easement over a portion the Property legally described and depicted on the attached Exhibit A (the "Easement Area") for a non-exclusive, perpetual easement for pedestrian purposes in connection with the sidewalks (the "Sidewalks"), part of which are located on the Easement Area, and Grantor has agreed to grant such easement to Grantee in accordance with the terms and conditions stated herein. Grant of Easement NOW, THEREFORE, in consideration of the covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: 1. Easement. Grantor hereby grants, bargains, and conveys to Grantee for the benefit of the public, a perpetual, non-exclusive, appurtenant easement for sidewalk purposes by pedestrians over and across the Easement Area (the "Easement"). 2. Exclusivity and Restrictions. In accordance with the terms of this Agreement, Grantor may continue to use the Easement Area for any purpose which does not unreasonably interfere with the public's use of the Easement Area for sidewalk purposes. Grantor shall not grant any rights to the Easement Area to any other party during the term of this Easement which would interfere with or jeopardize the use of the Easement Area. The Easement is subject to any and all restrictions, covenants, easements, licenses, permits, leases and other encumbrances of record related to the Easement Area and all applicable laws, regulations, ordinances and rules.