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B. Timing. Unless otherwise specified in this CTE & R, any required notice or <br />request for approval must be delivered at least 30 days prior to the date proposed <br />for initiating the activity in question. <br />C. Content. The notice or request for approval must include sufficient information <br />to allow the City to make an informed decision on whether any proposed <br />activity is consistent with the terms and purposes of this CTE & R. At a <br />minimum this shall include (i) the location, nature and scope of the proposed <br />activity, (ii) the proposed use, design and location of any building, structure or <br />improvement and (iii) the potential impact on the Conservation Values of the <br />Easement Areas. <br />D. Approval. The City may withhold its approval if it determines that the proposal <br />is inconsistent with the terms or purposes of this CTE & R or lacks sufficient <br />information to allow the City to reach an informed decision. The City may <br />condition its approval on the Owner's acceptance of modifications, which <br />would, in the City' s judgment, make the proposed activity consistent with the <br />CTE & R or otherwise meet any concerns. Failure of the City, or its successors <br />or assigns shall not constitute an approval under any circumstances. <br />12. Covenants Run With Land. This CTE & R shall run with and burden the <br />Easement Areas in perpetuity. The terms, covenants and conditions hereof shall run with the land <br />and shall be binding on all present and future owners of the Easement Areas, and shall inure to the <br />benefit of the City, its permitted successors and assigns. This CTE & R creates a property right <br />immediately vested in the City and its successors and assigns that cannot be terminated or <br />extinguished except as set out herein. <br />13. Extinguishment. If circumstances arise in the future that render the Purpose of this <br />CTE & R impossible to accomplish, this CTE & R Easement can only be terminated or <br />extinguished, whether in whole or in part, by judicial proceeding in a court of competent <br />jurisdiction. The parties hereto agree that economic hardship on the part of the Grantee, or the <br />owners, heirs, successors or assigns shall not be sufficient grounds for extinguishment or <br />termination of this Easement. <br />14. Definitions. Unless the context requires otherwise, the term "Owner" includes, <br />jointly and severally, the current owner or owners of the Easement Areas identified above and their <br />personal representatives, heirs, successors and assigns in title to the Easement Areas. The term <br />"City" includes its successors or assigns to its interest in this CTE & R. <br />15. Termination of Rights and Obligations. A party's rights and obligations under <br />this CTE & R terminate upon the transfer or termination of that party's interest in this CTE & R <br />or the Easement Areas, provided, however, that any liability for acts or omissions occurring prior <br />to the transfer or termination will survive that transfer or termination. <br />16. Recording. The City will record this CTE & R in a timely manner with the Anoka <br />County Recorder. The City may re-record this CTE & R or any other documents necessary to <br />protect its rights under this CTE & R or to assure the perpetual enforceability of this CTE & R. <br />9 <br />