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ALSO, EXCEPT <br />That part of said Lot 2 which lies west of said Parcel 4, and which lies northerly of the following <br />described Line "A" and its extensions: <br />Commencing at the northeast corner of said Lot 2; thence South 00 degrees 12 minutes 14 <br />seconds East assumed bearing along the east line of said Lot 2 a distance of 44.00 feet to the <br />point of beginning of said Line "A"; thence North 89 degrees 37 minutes 46 seconds West parallel <br />with the north line of said Lot 2 a distance of 155.74 feet; thence northwest a distance of 101.06 <br />feet along a tangential curve concave to the north having a radius of 230.00 feet and a central angle <br />of 25 degrees 10 minutes 29 seconds; thence northwesterly a distance of 37.12 feet along a reverse <br />curve concave to the southwest having a radius of 215.00 feet and a central angle of 09 degrees 53 <br />minutes 30 seconds, to the west line of said Lot 2 and said Line "A" there terminating. <br />PROPOSED DRAINAGE & UTILITY EASEMENT DESCRIPTION: <br />A permanent easement for drainage and utility purposes over under and across Parcel 4PE as <br />shown on said ANOKA COUNTY HIGHWAY RIGHT-OF-WAY PLAT NO. 90. <br />TOGETHER WITH <br />A 10.00 foot wide permanent easement for drainage and utility purposes over under and across <br />that part of said Lot 2 which lies west of said Parcel 4PE, and which lies northerly of a line drawn <br />parallel with and distant 10.00 feet southerly of the above described Line "A" and it's extensions. <br />AND; <br />PROPERTY DESCRIPTION PARCEL B: <br />Lot 3, Block 2, HY-10 RAMSEY, Anoka County, Minnesota; <br />EXCEPT <br />Parcel 5, ANOKA COUNTY HIGHWAY RIGHT-OF-WAY PLAT NO. 90, Anoka County, <br />Minnesota; <br />PROPOSED DRAINAGE & UTILITY EASEMENT DESCRIPTION: <br />A permanent easement for drainage and utility purposes over under and across Parcel 5PE as <br />shown on said ANOKA COUNTY HIGHWAY RIGHT-OF-WAY PLAT NO. 90. <br />(the "Parcel 45"); and <br />WHEREAS, a survey has been conducted on the property described in Purchase <br />Agreement 2, identifying a reduction of 3,854 square feet which reduced the sales price from <br />$644,952 to $621,019. <br />WHEREAS, Purchase Agreement 2 includes terms and conditions that require PSD <br />LLC to execute a Right of Re -Entry Agreement relating to the construction of a Building <br />and obtaining a Certificate of Occupancy by October 23, 2020; and <br />Resolution #19-093 <br />Page 2 of 2 <br />