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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 point of <br />beginning of said Line "A"; thence North 89 degrees 37 minutes 46 seconds West parallel with the north <br />line of said Lot 2 a distance of 155.74 feet; thence northwest a distance of 101.06 feet along a tangential <br />curve concave to the north having a radius of 230.00 feet and a central angle of 25 degrees 10 minutes <br />29 seconds; thence northwesterly a distance of 37.12 feet along a reverse curve concave to the <br />southwest having a radius of 215.00 feet and a central angle of 09 degrees 53 minutes 30 seconds, to <br />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 shown on <br />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 that <br />part of said Lot 2 which lies west of said Parcel 4PE, and which lies northerly of a line drawn parallel with <br />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, Minnesota; <br />PROPOSED DRAINAGE & UTILITY EASEMENT DESCRIPTION: <br />A permanent easement for drainage and utility purposes over under and across Parcel 5PE as shown on <br />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 LLC to <br />execute a Right of Re -Entry Agreement relating to the construction of a Building and obtaining a <br />Certificate of Occupancy by October 23, 2020; and <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: <br />1) The City of Ramsey authorizes the Mayor and City Administrator to execute the attached <br />Purchase Agreement 1 and Purchase Agreement 2; subject to City Attorney approval. <br />Resolution #19-093 <br />Page 2 of 2 <br />