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HomeMy WebLinkAbout2141' 1. • ,•. � '�• Wit: - ''♦. •f•''.t:•. 'i, .. .. .. {�� '1.. • .• ,1 �� '' • ���� • •s t•• itJ • :• ♦r„ „y .• 'rte• '•i- y' i l ..ji • .'r If ' • • l•,''• '� :'"•'�.i. •: ' •' ' �T:. \ t .. ♦ '•' A .. .y .•,: ♦:.• s •,+ •`•,r't •�, ...• �d{naLiquor ..•, 1 • .. 'i f .. r . •t• Up Jcrrt�slnrd�tiv'� 5ca1� iZ30 • ,. . �'' ':; . • v t' ! / r ' ` �' 65 ►��'�� Ids. , ~ D' O n S i.� v 15 it � � . . ♦ 1' AGREEMENT THIS AGREEMENT, made this fb�= day of , 1975, by and between GRANDVIEW CONSTRUCTION COMPANY, a Minnesota corporation ( "Grandview "); JERRY's ENTERPRISES, INC., a Minnesota corporation ( "Jerry's "); GERALD A. PAULSEN and SHIRLEY ANN PAULSEN, his wife ( "Paulsens "), (all hereinafter called "Parties of the First Part "), and the CITY OF EDINA, a Minnesota municipal corporation ( "Edina "); WITNESSETH THAT: WHEREAS, Edina is the fee owner of the property described in Exhibit 1 attached hereto (the "Edina Tract "); and WHEREAS, Grandview is the fee owner, and Jerry's is the buyer under contract for deed,of the property described in Exhibit 2 attached hereto (the "Grandview Tract "); and WHEREAS, Paulsens are the fee owners of Parcel II, and Jerry's is the fee owner of Parcel I, of the property described in Exhibit 3 attached hereto (the "Paulsen Tract "); and WHEREAS, Grandview, Jerry's, Paulsens, and Edina desire to provide for the acquisition and improvement, for public parking and drive- way purposes (the "Project "), of those parts of the Edina Tract and the Grand- view Tract described in Exhibit 4 attached hereto (the "Parking Area "), and of the Easement Area as described in Exhibit 5 attached hereto, and also for the payment of the costs of such acquisition and improvement, all pursuant to the provisions hereinafter contained. NOW, THEREFORE, in consideration of One Dollar ($1.00) and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged by Grandview, Jerry's, Paulsens, and Edina, the parties hereto hereby agree as fOILOWS: 1. Grandview and Jerry's hereby agree to sell and convey to Edina, by warranty deed, all that part of Parcel I of the Grandview Tract lying and being within the Parking Area (the "Deeded Area "), and to sell and convey an easement (the "Easement ") for driveway access, in the form of Exhibit 5 attached hereto, and in the location set out in said Exhibit 5, subject to being moved pursuant to the provisions of said Exhibit 5, and Edina agrees to purchase said Deeded Area and to accept the Easement, on the following terms and conditions: (a) At Closing, and in exchange for the duly executed and recordable warranty deed to the Deeded Area and Easement, Edina shall pay to Grandview and Jerry's the sum of Sixty five thousand four hundred eighty and no /100 Dollars ($65,480); (b) The deed and Easement shall be subject to the specific condition that if Edina ever ceases to use the Deeded Area for public parking, driveway, and pedestrian purposes (with related landscaping), then the Deeded Area shall be reconveyed, by quit claim deed, to the then fee owners of the balance of Parcel I of the Grandview Tract, and the Easement shall be released, upon payment to Edina of the sum paid by Edina as set out in subparagraph, (a) above. Said reconveyance and release by Edina shall be without any warranties of any kind by Edina, shall be subject to any and all then unpaid installments of special assessments, and shall be further subject to a reservation by Edina of easements affecting any part of the Deeded Area, on the same terms, to the same extent, and for the same purposes, as set out in, and containing descriptions determined pursuant to, subparagraph (d) of paragraph 6 hereof. (c) Grandview and Jerry's shall deliver to Edina, as soon as possible after execution hereof, an abstract of title or registered property abstract to the Deeded Area and that part of the Grandview Tract to be subjected to the Easement, certified to a current date, and including complete judgment and tax lien searches. Edina shall have ten (10) days after receipt of such abstract to examine the title and to make any objections thereto, such objec- tions to be made in writing within said time or to be deemed to be waived. -2- 1 a Grandview and Jerry's shall correct and remove any such title objections as soon as possible, and at their expense, and if not corrected and removed within sixty (60) days after said ten -day period, this agreement may be terminated by Edina or by Grandview and Jerry's, by written notice given to the other Pursuant to paragraph 8 hereof, or the title objections may be waived by Edina by notice given by Edina pursuant to paragraph 8 hereof, within ten (10) days after said 60 -day period or prior to termination by Grandview and Jerry's, whichever is later. If terminated, no party hereto shall have any further obligations or liabilities hereunder to any other party. If such title objections are waived by Edina, this Agreement shall be con- summated according to the terms. (d) The warranty deed and Easement shall warrant fee ownership in Grandview and Jerry's of the Deeded Area and that part of the Grandview Tract to be subjected to the Easement, free, and clear of any and all liens and encumbrances whatsoever, except that the Easement may be subject to unpaid installments of special assessments and real estate taxes which are not delinquent. The Easement shall be executed by any mortgagees or other lien holders to subject their lien interests to the rights of Edina under the Easement, and shall also be executed by any and all other parties hereto who have or claim any interest in the area to be subjected to the Easement. Provided, however, that the Deeded Area shall be subject to a reservation in favor of the grantors, and their successors and assigns, of an underground easement for the waterline for fire purposes and the gas line now constructed under the Deeded Area, including the right to construct, reconstruct, maintain, and repair the same; provided, further, however, that in connection with any such construction, reconstruction, maintenance, or repair, the grantors, and their successors and assigns, shall interfere with the use of the surface of the Deeded Area as little as possible, and shall promptly replace, repair, and restore, at their own cost, any and all damage done to the Deeded Area, including, but not limited to, restoration and re- placement of all hardtop surfacing and any and all shrubbery, trees, and other -3- landscape materials, and if not promptly done, Edina; its successors and assigns, may do the same, and all costs incurred in so doing, including any attorneys' fees, with interest thereon at eight (8%) per cent per annum from the date incurred until paid, shall be.paid upon demand made by the City, and shall be recoverable in a civil action. (e) The parties understand and agree that a Registered Land_ Survey ( "RLS ") must be obtained, approved, and filed in connection with the conveyance of the Deeded Area and Easement to Edina. Edina agrees to obtain the same, at its expense, as soon as possible. All parties hereto agree to assist and cooperate in obtaining such RLS approval, to the extent requested by Edina. (f) At Closing, Grandview and Jerry's shall pay in full all real estate taxes against the Deeded Area payable in 1975 and prior years, and all installments of special assessments payable therewith. Grandview and Jerry's further agree that all special assessments now outstanding and unpaid against the Grandview Tract shall be transferred to, and continue as a lien upon, only that portion of the Grandview Tract not within the Deeded Area, and none of such special assessments shall be a lien against the Deeded Area. (g) At Closing, Grandview, Jerry's, and Edina shall enter into a recordable agreement whereby they evidence their agreement and understanding that the mutual easements for parking and pedestrian use granted by the Agree- ment (Mutual Easements) between Grandview Construction Company and the Village of Edina dated December 31, 1970, have been terminated as to the Deeded Area and Easement, but shall be and remain in full force and effect as to all other properties and areas described in said Agreement (Mutual Easements). 2. The costs of the Project, to be assessed in the manner herein- after set out, shall include the following: -4- (a) All costs, including attorneys' fees, incurred by Edina in connection with the acquisition by Edina from the Minneapolis, Northfield & Southern Railway of the East One -half (E 1/2) of Brookside Avenue included in the Edina Tract. (b) All costs, including attorneys' fees, incurred by Edina in connection with the acquisition of the Deeded Area and Easement pursuant to paragraph 1 of this Agreement, including, without limitation, the costs incurred in obtaining and filing a Registered Land Survey. (c) The assessed value of that part of the Edina Tract included within the Parking Area; (d) All other costs of improving the Parking Area for public parking and driveway purposes, including, but not limited to, those set out in Estimate of Cost prepared by Robert C. Dunn, P.E., Director of Public Works and City Engineer, City of Edina, dated June 3, 1974, for Improvement No. P -P -2, it being understood and agreed by the parties hereto that the costs set out in said Estimate of Cost are estimates only, as to the amount, kind, and cost of material, and that the exact extent and cost of the Project, including add -ons of Ten percent (10 %) for engineering services, Two percent (2%) for clerical services, and Nine percent (9%) for capitalized interest, shall be determined and known only when completed. 3. The Project shall be constructed in substanti4l conformity with the parking lot design shown on Exhibit b attached hereto, but otherwise shall be constructed pursuant to plans and specifications to be prepared by Edina and containing such provisions and requirements as Edina, in its sole discretion, shall deem necessary or desirable; provided, however, that there shall be constructed, as part of the Project, a pedestrian walkway, with a style and design, and in the location, to be determined by Edina, from the Parking Area to the self - service loading entrance at the rear of the building now located upon Tract B of the unnumbered Registered Land Survey attached to Exhibit 4. V -5- 4. The area to be assessed for the costs of the Project .(the "Assessment Area ") shall be the Edina Tract, the Grandview Tract, the Paulsen Tract, and the property described in paragraph 5 hereof. The costs of the Project shall be assessed and spread over a twenty -year period, at an interest rate to be determined by Edina based upon the condition of the municipal bond market as of the date the assessment is levied, but not in excess of Seven percent (7%). The Project cost set out at paragraph 2(b) above will be assessed Thirty -one percent (31 %) against the Edina Tract and Sixty -nine percent (69 %) against the other tracts above listed, exclusive of the Deeded Area, and the property described in paragraph 5. All of the other costs of the Project will be assessed Forty -five percent (45%) against the Edina Tract and the Deeded Area, and Fifty -five percent (55 %) against the Grandview Tract and the Paulsen Tract (exclusive of the Deeded Area) and the property described in paragraph 5. The amount assessed against the Grandview Tract and the Paulsen Tract (exclusive of the Deeded Area) and the property described in paragraph 5 shall be divided among such tracts and property on a square -foot basis. 5. At Closing, Edina agrees to convey to Jerry's, by quit claim deed, in exchange for the sum of One thousand seven hundred ninety -two and 78/100 Dollars ($1,792.78), to be paid to Edina in cash or by certified or cashier's check, and in exchange for execution and delivery of the warranty deed and Easement to be delivered to Edina pursuant to paragraph 1 above, the tract of land described as follows: That part of Lots 11 to 15 inclusive, Block 4, lying East of State Highway No. 5, Grand View Heights, and that part of the adjacent portion of West Half of vacated Summit Avenue lying between the Easterly extensions across said Avenue of the North line of said Lot 11 and the South line of said Lot 15, which lies Westerly of a line parallel with and 90 feet Easterly of the center line of said State Highway No. 5, according to the plat thereof on file or of record in the office of the Register of Deeds in and for said Hennepin County, which land is no longer needed by Edina for any public purpose. Such conveyance to Paulsens shall not affect in any way the existing special assessments against the Grandview Tract or the Paulsen Tract. In the event any part of the Easement crosses over any of the property above described in this para- graph 5, Edina shall reserve unto itself the right to use such portion on the same terms as set out in-said Exhibit 5. 6. At the time the Easement and Deeded Area are reconveyed and released pursuant to paragraph 1(b) hereof, Edina also shall convey,by quit . claim deed, and without any consideration additional to the consideration received by it' -in connection with this Agreement, all of its right, title, and interest in and to that part of the East_One -half (E 1/2) of Brookside Avenue as shown on the plat of Grand View Heights;on file in the office of the Register of Deeds, Hennepin County, Minnesota, which lies between the Easterly extension of the South line of Lot 6, Block 3, said plat of Grand View Heights, and the Easterly extension of the North line of Lot 4, Block 3, said plat of Grand View Heights. Said conveyance shall be to the same person named.as grantee in the conveyance.of the Deeded Area, pursuant to paragraph l(b) hereof, and shall be subject to: (a) The reservation of a perpetual, nonexclusive easement for -:=° roadway purposes, for the benefit of the owners and occupants of the East 90 feet of Lots 11 to 19, inclusive;- and_Lots 2 to.10, inclusive, Block 2, said plat of Grand View Heights, over and across that portion of said Brookside Avenue to be conveyed which lies South of the North line of said Lot 6 (b) Public road easements, if any; (c) Unpaid installments of special assessments, if any; (d) The reservation for the benefit of the Edina Tract and for general public use of perpetual easements 30 feet in width for the construction, reconstruction, maintenance, and repair of all gas lines, water lines, sewer lines, and other utility lines, now or at any time prior to conveyance pursuant to this Agreement, located in, on, or under the property conveyed, the exact description of which easements shall be determined by Edina and inserted in the deed prior to delivery. -7- I 7. Upon execution and delivery hereof by all parties hereto, Edina agrees to publish a notice and to set a hearing date, all pursuant to Minnesota Statutes, Section 412.851 (1971), for the vacation of that part of Brookside Avenue lying North of the Easterly extension of the Southerly line of Lot 6, Block 3, Grand View Heights, and lying South of the Southerly line of Hopkins Road as shown on said plat of Grand View Heights. Edina, however, shall have no obligation or liability of any kind whatsoever to any party hereto or to any other person, should the City Council fail or refuse to vacate said portion of Brookside Avenue, and all other terms and conditions of this Agreement shall be fulfilled and complied with notwith- standing the failure or refusal of the City Council to vacate said portion of Brookside Avenue. 8. Closing shall be within five (5) days after title to the Deeded Area and the portion of the Grandview Tract to be subjected to the Easement is found or made marketable, or any title objections are waived by Edina, and written notice thereof is given by Edina, all pursuant to paragraph 1 hereof, and the RLS has been approved by Edina. Closing shall be at the City Hall of Edina. Any notice required or permitted hereunder to be given to Parties of the First Part, or any of them, shall be given to Gerald A. Paulsen and shall be deemed given to Gerald A. Paulsen when personally delivered to him or when deposited in the United States mail addressed to him at 5033 Vernon Avenue South, Edina, Minnesota 55436. Any notice required or permitted hereunder to be given to Edina shall be deemed given when in writing and delivered personally to the City Manager or when deposited in the United States mail addressed to him at 4801 West 50th Street, Edina, Minnesota 55424. 9. Edina shall have the right, at any time from,and after the date of execution hereof by all parties hereto, to enter upon the Parking Area with such men and materials as it may deem necessary or desirable, for the purpose of constructing the Project. If, however, this Agreement is not consummated pursuant hereto, because of inability of Grandview and Jerry's to remove title objections pursuant to paragraph 1 hereof, and this Agreement is thereby terminated, Edina shall have no obligation or responsibility for removal of any materials or improvements placed by it upon the Parking Area, and Edina may proceed, pursuant to paragraph 4 hereof, to assess all out -of- pocket costs incurred in connection with the obtaining and placing of such materials and improvements upon the Parking Area, including the add -ons as allowed and referred to in subparagraph (d) of paragraph 2 hereof, but not including any attorneys' fees, except that Thirty -one percent (31 %) thereof shall be assessed against the Edina Tract and Sixty -nine percent (69 %) shall be assessed against the Grandview Tract and the Paulsen Tract. 10. This Agreement is made and entered into by Edina pursuant to its general statutory powers and also pursuant to Minnesota Statutes Section 459.14 and Minnesota Statutes Chapter 429. IN WITNESS WHEREOF, the parties hereto have caused this instrument to be duly executed the day and year first above written. GRANDVIEW CONSTRUCTION COMPANY by and by Its t s A ENTERPRASES, I19C. Its Ate' r and. Its GERALD A. PAULSEN SHIRLEY ANN PAULSEN CIT by and -9- STATE OF MINNESOTA ) SS. COUNTY OF The rforegoing instrument d of , 1975, by COMPANY, a Minnesota corporation. STATE OF MINNESOTA SS. COUNTY OF /� ) The foregoing instrument day of , 1975, by SH #A(.EY 14A►N PAIlL S EoJ , SECRc7"44$' 51 a Minnesota corporation. STATE OF MINNESOTA ) SS. COUNTY OF Au— f,�,�, wa cknowle ed bef re me this —/0 and as i1 v: e__ L and respectively, of GRANDVIEW CONSTRUCTION RCSti,:' ,RY L. G RiGGS Notary Pj;`c, ii nner;in County, Minn. Pdty Commission Ex}�i?c_; f:i r. 3D, 1976. was acknowledged before me this 6�- VX,4 a1 0 4. Pifu1- 3 Ee✓ and as pR ES t DE T and respectively, of JERRY'S ENTERPRISES, INC., GREGORY D. GUST ISO_•Y Notary Public, County, Mini. Illy Commisdon Expires Max. 13, 197-8 The foregoing instrument day of ' , 1975, by his wife. STATE OF MINNESOTA SS, COUNTY OF HENNEPIN was acknowledged before me this GERALD A PAULSEN and SHIRLEY ANN PAULSEN, GREGORY D. GUSTAFSON Notary Public, Hennepin County, Minn; My Commission Expires Max. 13, 1979 The foregoing instrument was acknowledged before me this day of "1(i� , 1975, by JAMES VAN VALKENBURG and WARREN C. HYDE, Mayor and Manag r, respectively, of the CITY OF EDINA, a Minnesota municipal corporation. FLORENCE B. H i RE };r Notary P 'ic, nn°-1r ;Ity. ubm MY Comt is; ioa Exp , „zc. 31. 1978, -10- EXHIBIT 1 Edina Tract Lots 1, 2 and 3, except that part of said Lots taken by the State of Minnesota for State Highway purposes, and except that part of said Lots 2 and 3 lying Southwesterly of a line running from a point on the West line of said Lot 2, distant 15.86 feet South from the Northwest corner of said Lot 2, measured along said West line, to a point on the South line of said Lot 3, distant 39.22 feet West from the Southeast corner of said Lot 3, measured along said South line, all in Block 3, Grand- view Heights, according to the plat thereof on file or of record in the office of the Register of Deeds in and for said County. Also, the West one-half of Brookside Avenue, as shown by said plat of Grand View Heights, which lies between the Easterly extension of the Southerly line of Lot 3, Block 3, said plat of Grand View Heights, and the extension across said Brookside Avenue of the South line of Hopkins Road, as shown in said plat of Grand View Heights. Also, the East one-half of Brookside Avenue, as shown by said plat of Grand View Heights, which lies between the Easterly extension of the South line of Lot 6, Block 3, said plat of Grand View Heights, and the extension across said Brookside Avenue of the South line of Hopkins Road, as shown on said plat of Grand View Heights. { EXHIBIT 2 Grandview Tract PARCEL I• That part of Lots 2 and 3 lying Southwesterly of a line running from a point on the West line of said Lot 2 distant 15.86 feet South from the Northwest corner of said Lot 2, measured along said West line, to a point on the South line of said Lot 3, distant 39.22 feet West from the Southeast corner of said Lot 3, measured along said South line and Lots 4, 5, 6, 25, 26 and 27 except that part of said Lots taken by the State of Minnesota for State Highway purposes, Block 3, Grand View Heights, according to the plat thereof on file or of record in the office of the Register of Deeds in and for said County. Also, the West one -half of Brookside Avenue, as shown by said plat of Grand View Heights, which lies between the Easterly extension of the South line of Lot 6, and the Easterly extension of the South line of Lot 3, all in Block 3, said plat of Grand View Heights. PARCEL II: Also, Lots 20, 23, and 24, Block 3, said plat of Grand View Heights. 'PARCEL III: Also, the East 1/2 of Summit Avenue vacated adjoining said Lot 20, and Lots 23 to 25, inclusive, Block 3, said plat of Grand View Heights. PARCEL IV: That part of Lots 12 to 15 inclusive, Block-4, Grand View Heights, and that part of the adjacent portion of West.Half of vacated Summit Avenue, adjoining Lots 11 to 15 inclusive, lying between the Easterly extensions across said Avenue of the North line of said Lot 11 and the South line of said Lot 15, all of which lies Easterly of a line parallel with and 90 feet Easterly of the center line of State Highway No. 5, according to the plat thereof on file or of record in the office of the Register of Deeds in and for said Hennepin County. I CONSENT MINNESOTA FEDERAL SAVINGS AND LOAN ASSOCIATION, a United States of America corporation, Mortgagee of the property described in Exhibit 2 attached hereto, as evidenced by Document No. 4001905 in the office of the Register of Deeds, Hennepin County, Minnesota, and by Document No. 1062771 in the office of the Registrar of Titles, Hennepin County, Minnesota, hereby consents to the terms and conditions of the Agreement to which this Consent is attached, including, without limitation, the Easement to be granted to the City of Edina over and across the property described in Exhibit 2 attached to said Agreement, and agrees to release of record the Deeded Area from the said mortgages, and further agrees that the lien of its mortgages, and all extensions, replacements, and renewals thereof, shall be subject.and inferior to the rights of Edina under the Easement granted to Edina pursuant to the said Agreement. Dated: May 7, 19 7 5 In Presence of: STATE OF MINNESOTA ) SS. COUNTY OF Ramsey ) SAV"S AND LOAN ASSOCIATION T On this 7th day of May , 1975, before me, a Notary Public within and for said county, personally appeared John A. Hoffner and Helen Ann Peters , to me personally known, who, being by me duly sworn, did say that they are the Vice President and the Asst. Secretary , respectively, of MINNESOTA FEDERAL SAVINGS AND LOAN ASSOCIATION, a United States of America corporation; that the seal affixed to the foregoing instrument is the corporate seal of said corporation; and that said instrument was executed in behalf of said corporation by authority of its Board of Directors; and that said John A. Hoffner and Helen Ann Peters acknowledged said instrument to be the free act and deed of said corporation. x r, nnnnnnnnnnnnnnitnnnnnn ,��v�nv�nnMn Y HYACINTH J. LEVASScUR NOTARY PUBLIC - W0,FSOT.A RAMSEY COUNTY My Comm. Expires Sept. 17, 1980 x vvvvvvvvvvvwwvvvvvvvvvvvvvvvvvvv x •� I ? (J i YASSEU ri!!MESOT 980 IN VnV..� EXHIBIT 3 Paulsen Tract PARCEL I: Lots Twenty -one (21) and Twenty -two (22), Block Three (3), Grandview Heights, according to the map or plat thereof on file or of record in the office of the Register of Deeds in and for said Hennepin County, Minnesota. Also, the East 1/2 of Summit Avenue vacated adjoining said Lots 21 and 22, Block 3, said plat of Grand View Heights. Also: PARCEL II: Tract A: Lots 11 to 19 inclusive, Block 3, and Lots 18 to 20 inclusive, Block 4, Grand View Heights, together with the East 1/2 of Summit Avenue vacated adjoining Lots 15 to 19 inclusive, Block 3, said block and addition, and the West 1/2 of Summit Avenue vacated adjoining Lots 18 to 20 inclusive, Block 4, said block and addition, according to the plat thereof on file and of record in the office of the Register of Deeds in and for Hennepin County, Minnesota. Tract B: That part of Lot 16 lying East of a line drawn from a point on the South line thereof distant 28 feet East of the South- west corner of said Lot 16 to a point on the North line of said Lot distant 47 feet East of the Northwest corner thereof, Block 4, "Grand View Heights ", and that part of the West half of the adjoining vacated Summit Avenue lying between the extensions across it of the North and South lines of said Lot 16, according to the plat thereof on file or of record in the office of the Register of Deeds in and for said Hennepin County. Tract C: That part of Lot 17 lying East of a line drawn from the South- west corner of said Lot to a point on the North line of said Lot, a distance of 28 feet East of the Northwest corner thereof, in Block 4, Grand View Heights, according to the plat thereof on file and of record in the office of the Register of Deeds in and for Hennepin County, Minnesota, and that part of the West half of the adjoining vacated Summit Avenue lying between the extensions across it of the North and South lines of said Lot 17, according to the plat thereof on file and of record in the office of the Register of Deeds in and for Hennepin County, Minnesota. EXHIBIT 4 Parking Area Tract C, as shown on the unnumbered Registered Land Survey attached to this Exhibit 4, including the west one -half of Brookside Avenue lying between the westerly extensions of the north and south lines of said Tract C; Also, that part of Tract A, as shown on said Registered Land Survey, lying easterly and northeasterly of the easterly and northeasterly walls of the Edina Liquor Store building now located upon said Tract A, and lying northeasterly of the northwesterly extension of the northeasterly wall of said liquor store, and including the west one -half of Brookside Avenue lying between the westerly extension of the north and south lines of said Tract A, and including the east one -half of Brookside Avenue, as shown by said plat of Grand View Heights, which lies between easterly extension of the south line of Lot 6, Block 3, said plat of Grand View Heights, and the extension across said Brookside Avenue of the south line of Hopkins Road, as shown on said plat of Grand View Heights. N REGISTERED LAND SURVEY NO. RE ASSUMED HENNEPIN COUNTY, MINNESOTA )NUMENT 80 120 \ J• pp �Q� -;;�r ♦ r / el TRACT\ i . f rr3 � • 4 � j, \\ i ti • end ;' •.s' . o � %. I�` "•' .�..: � \ \ I TRACT I B J9. 22 .../5t0. Ale j t h • � ./' 93'S4 as E-. � �' _ ^, .i �f � °; •. k�° ► ' 6.00 . O. (.'�.• . .�. o k ,TRACT C 1 E-73 O•� i�e,s f i EXHIBIT 5 EASEMENT FOR PUBLIC DRIVEWAY PURPOSES THIS INSTRUMENT, Made this day of , 1975, by and between GRANDVIEW CONSTRUCTION COMPANY, a Minnesota corporation, and JERRY'S ENTERPRISES, INC., a Minnesota corporation, parties of the first part ( "Grantors "), and the City of Edina, a municipal corporation organized under the laws of the State of Minnesota, party of the second party ( "Edina "), WITNES-SETH, That Grantors, in consideration of One Dollar ($1.00) and other good and valuable consideration to them in hand paid by Edina, the receipt whereof is hereby acknowledged, do Grant, Bargain, Sell, Convey, and Warrant to Edina a perpetual, nonexclusive easement for public driveway purposes in and over the property situate in the County of Hennepin and State of Minnesota, to -wit: Those parts of Lots 11, 12, Block 4, and Lots 23 and 24, Block 3, Grand View Heights, and of Summit Avenue vacated, lying within a strip of land 20 feet in width, the centerline of which is described as follows: Beginning at a point in the east line of said Lot 23, distant 20 feet north of the southeast corner thereof; thence westerly to a point in the west line of said Lot 23, distant 52 feet north of the southwest corner thereof; thence continuing westerly on an extension of last described course to the easterly line of State Highway No. 5, and there terminating, (the "Easement Area "). This Easement is subject to and together with the following terms and conditions, to which Edina, by acceptance hereof, hereby agrees: 1. Edina is also hereby granted the right to enter upon the Easement Area (and any Substitute Easement Area as below defined) at any and all times from and after the date hereof, with such men, equipment, and materials as it may deem necessary or desirable, for the purpose of constructing, recon- structing, or repairing a public driveway upon said Easement Area or Sub- stitute Easement Area; provided, however, that no curbs or gutters shall be constructed upon the Easement Area (or then substitute Easement Area) by Edina so long as the property on both sides of the Easement Area (or then Substitute Easement Area), and for the whole length thereof, is used for parking lot and driveway purposes. I 2. Edina will release the Easement in and over the Easement Area, and in and over any Substitute Easement Area, upon written request made by Grantors, and upon compliance with the following terms and conditions: (a) That Grantors first deliver to Edina another Easement (the "Substitute Easement Area "), fully executed and in recordable form, containing the same terms and conditions as those set out in this Easement, for public driveway purposes in and over a strip of land of a width at least equal to the width of the Easement Area, and connecting the Westerly end of Lot 6, Block 3, Grand View Heights, according to the recorded plat thereof, with Vernon Avenue, and in a location then reasonably acceptable to Edina; (b) That Grantors pay to Edina, in cash, Edina's reasonable estimate of the cost of constructing in and over the Substitute Easement Area all improvements then on Easement Area or Substitute Easement Area (" Improvements"), including, but not limited,to, base material, surfacing, curb, gutter, sodding, and landscaping. Said estimate shall be revised from time to time as work on the Substitute Easement Area progresses, and any increase in such estimate shall be deposited with Edina by Grantors, in cash, on demand, and if not so deposited, the amount demanded and not deposited shall bear interest at Eight percent (8%) per annum from date of demand until deposited, and Edina may recover the same in a civil action, in which event Grantors shall also pay all costs of collection, including reasonable attorneys' fees; (c) That all of the Improvements are completed by Edina in and over the Substitute Easement Area and paid for in full by Grantors, including any interest, costs, and attorneys' fees, pursuant to (b) above; (d) That Grantors deliver to Edina a title opinion from a law firm reasonably acceptable to Edina, addressed to Edina and dated as of a then current date, evidencing that Grantors are the owners of the Substitute Easement Area free and clear of all liens and encumbrances; (e) That the conveyance of the Substitute Easement Area be placed of record at Grantors' expense. -2- t Upon compliance with all of the foregoing ten-.q,,;-and condi- tions of this paragraph 2, Edina shall deliver to Grantors a fully executed, recordable quit claim deed releasing all of its right, title, and interest in and to the Easement Area, or the then Substitute Easement Area, to be released. Said Easement Area, or Substitute Easement Area, may be released and relocated pursuant to the foregoing paragraph 2 as often as Grantors desire. 3. If Edina ever ceases to use the property described as follows: Tract C, Registered Land Survey No. , Files of the Registrar of Titles, Hennepin County, Minnesota, for public parking, driveway, and pedestrian purposes (with related landscaping), then, upon conveyance of record by Edina of the above described property, which conveyance, when made, shall be by quit claim deed, and subject to any and all then unpaid installments of special assessments and real estate taxes, if any, Edina also shall reconvey the Easement Area (or the then existing Substitute Easement Ares.) to the then fee owners of the servie.nt property, and shall release said Easement Area, or Substitute Easement Area, from this Easement. 4. The Grantors hereby warrant that the Easement Area is free and clear of all liens and encumbrances whatsoever, except real estate taxes and unpaid installments of special assessments, which are not delinquent. 5. Grantors shall maintain, including removal of snow from, the Easement Area (or the then Substitute Easement Area), at their expense. If Grantors fail. or refuse to maintain the Easement Area (or the then Sub- stitute Easement Area) in at least the same condition as the Deeded Area is then being maintained, or promptly to remove snow therefrom, then Edina may do so and charge the cost thereof, with interest at Eight percent (8 %) per annum to Grantors, and the same shall be due on demand., and Edina may recover the same in a civil action, in which case Grantors also shall pay all costs of collection, including reasonable attorneys' fees. -3- The terms, conditions, and covenants hereof shall extend to, be binding upon, and inure to the benefit of the respective successors and assigns of the parties hereto. IN WITNESS WHEREOF, the parties hereto have caused these presents to be duly executed as of the day and year first above written. STATE DEED TAX DUE HEREON: Exempt lids instrument was drafted by Dorsey, Marquart, Windhorst, West & Halladay 2400 1st National Sank Bldg, Minneapolis, Minnesota 55.0,02 GRANDVIEW CONSTRUCTION COMPANY by and JERRY f,$ ,ENTERPRIIS ES , by its and �--� and Its —4— i' STATE OF MINNESOTA ) �J ) SS. COUNTY OF ✓���� The foregoing instrument was acknowle ed before me this d of 1975, by and as and respectively, of GRANDVIEW CONSTRUCTION COMPANY. STATE OF MINNESOTA ) SS. COUNTY OF ) day of ROSE AIRY L. GRIGGS Notary Public, lq. i1:(--.pin 'County, Minn. My Commission Lxriras .jar. 30, 1976. The foregoing instrument was acknowledged before me this , 1975, by and , as ; respectively, of JERRY'S ENTERPRISES, INC. STATE OF MINNESOTA ) SS. COUNTY OF HENNEPIN ) and The foregoing instrument was acknowledged before me this day of , 1975, by JAMES VAN VALKENBURG and WARREN C. HYDE, Mayor and City Manager, respectively, of the CITY OF EDINA. FLORENCE B Notary PL:! � . 1, Lxp , 1 3 MV CONSENT TO EASEMENT WHEREAS, as evidenced by Document No. 4001905, in the office of the Register of Deeds, Hennepin County, Minnesota, Minnesota Federal Savings and Loan Association, a United States of America corporation ( "Mortgagee "), is the holder of a mortgage covering the property described in the foregoing Easement for Public Driveway Purposes made by and between Grandview Construc- tion Company, a Minnesota corporation ( "Grandview "), and Jerry's Enterprises, Inc., a Minnesota corporation ( "Jerry's), and the City of Edina, a Minnesota municipal corporation ( "Edina "); and WHEREAS, Grandview, Jerry's, and Edina have requested consent to said Easement by Mortgagee. NOW, THEREFORE, for and in consideration of One Dollar ($1.00) and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Mortgagee does hereby consent to the terms and provisions of the foregoing Easement instrument and to the easement thereby established, and agrees that the lien of, and the terms and provisions of, its mortgage, and all extensions and renewals thereof, shall be subject and inferior to rights of Edina created by said Easement instrument. Dated: May 7, 1975 STATE OF MINNESOTA ) Ramsey ) SS. COUNTY OF blEdRW2" ) by -LOFN ASSOCIATION Its_ Asst. Secret8r3_ On this 7th day of May , 1975, before me, a Notary Public within and for said County, personally appeared John A. Hoffner and Helen Ann Peters , to me personally known, who, being each by me duly sworn, did say that they are respectively the Vice President and Asst. Secretary of MINNESOTA FEDERAL SAVINGS AND LOAN ASSOCIATION, the corporation named in the foregoing instrument, and that the seal affixed to said instrument is the corporate seal of said corporation, and that said instrument was signed and sealed in behalf of said corporation by authority of its Board of Directors, and said John A. Hoffner and Helen Ann Peters acknowledged said instrument to be the free act and deed of said corporation. This .istruw, /Gti1- MAA11~,MAMM Y Durspy, Marquart, Windl,or:,J, ',� cst & Hailaday < :; :> HYACINTH J. LE VASSEUR 2400 1st Natinnal gan1r PW <' NOTARY PUBLIC - h1iPJNE OTA RAPASEY COUNTY Mim*opoLN Minp1esQ14 55402 My Comm. Expires Sept. 17, 1980 XVVVVVVVVVWWVVVVVVVVVVVVVVWVWVV x