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AMENDED PARK DEDICATION AND TRAIL DEVELOPMENT AGREEMENT FOR <br />NORTHFORK <br />This Amended Park Dedication Agreement (AMENDMENT) is made this day of <br />2015, by and between North Fork, Inc., a Minnesota corporation (DEVELOPER), and the City <br />of Ramsey, a Minnesota municipal corporation. <br />WHEREAS, CITY and DEVELOPER entered into a Park Dedication Agreement <br />(AGREEMENT) dated February 19, 1987; and <br />WHEREAS, the CITY and DEVELOPER entered into an Addendum to the <br />AGREEMENT dated May 9, 1989; and <br />WHEREAS, Paragraph 13 of the ADDENDUM states that the DEVELOPER, at the <br />time of recording of the plat of the "future phase," as defined in the ADDENDUM, shall convey <br />to the CITY by Warranty Deed a perpetual easement to the following property located within the <br />future phase: <br />A 35.00 foot wide permanent easement for trail purposes over, under and across the <br />property. <br />A 75.00 foot wide permanent easement for trail purposes over, under and across that <br />certain property lying south of Lake Itasca. The DEVELOPER does reserve a single <br />50.00 foot wide permanent easement crossing over the 75.00 foot wide permanent <br />easement said 50.00 wide crossing to be at right angles. The easement reserved shall be <br />for the purpose of providing access across the trail in order to permit homeowners access <br />to the southerly area of Lake Itasca. The exact legal description of said 50.00 foot wide <br />access easement will be determined at the time that the 75.00 foot wide easement is <br />conveyed to the CITY.; and <br />WHEREAS, the future phase of Northfork consists of approximately 43.64 acres within <br />Outlot C, NORTHFORK ITASCA SHORES ADDITION and that part of Outlot C, <br />NORTHFORK, lying in the East 1/2 of Section 19, Township 32, Range 25 and lying southerly of <br />