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HomeMy WebLinkAbout2171i K; AGREEMENT (Conditions to Parking Variance) _ [East Part of Lot 2, Block 1, Yorktown Second Addition] THIS AGREEMENT, Made and entered into this /,Z, day of `, 198#, by and between YORK CONDO, INC., a Minnesota corporation [ "York "), CITY OF EDINA, a Minnesota municipal municipal corporation [ "City "), and YORK CONDO ASSOCIATION, INC., a Minnesota non - profit corporation [ "Association "); WHEREAS, York and the City entered into an Agreement (Conditions to Parking Variance) dated April 26, 1979, and filed July 20, 1979, in the office of the Registrar of Titles, Hennepin County, Minnesota, as Document No. 1339353 [the "Parking Agreement "]; and WHEREAS, by the terms of said Parking Agreement, York was to construct upon the property described in Exhibit A at- tached hereto and hereby made a part hereof [the "Condominium Property "), on or before September 1, 1979, fifty (50) exposed parking spaces additional to those then on the Condominium Pro- perty in full compliance with a plan [the "Condominium Plan "] attached to the Parking Agreement as Exhibit D and in full compliance with applicable City ordinances and without cost to the City or to any owners, occupiers or encumbrancers of the Condominium Property (other than York, if York has an interest in the Condominium Property); and WHEREAS, twenty -two (22) of the fifty (50) parking spaces have been constructed and the Association has requested that the balance of the parking spaces to be constructed be reduced from twenty -eight (28) to twenty -six (26) parking spaces, being the twenty -six (26) spaces shown on the Condominium Plan as lying East of the East line of the building on the Con- dominium Property [the "Deferred Parking Spaces "), and that the requirement to construct the same be deferred; and WHEREAS, York is agreeable to such reduction and deferment, but desires to be released from its obligations to construct the additional parking spaces pursuant to the Condominium Plan, and City and the Association are willing to so release York on the terms and conditions hereinafter set out; and WHEREAS, City is agreeable to such reduction and deferment, all on the terms and conditions hereinafter set out; and WHEREAS, the City did, on November 17, 1980, in Case No. B- 80 -47, grant the requested variance reducing the number of parking spaces to be constructed from twenty -eight (28) to twenty -six (26) and deferring their construction for a six (6) month period, because the strict enforcement of the City ordinances would, in this case, cause undue hardship be- cause of circumstances unique to the Condominium Property, and the grant of such variance has been determined by the City to be in keeping with the spirit and intent of the appli- cable ordinances, but subject to execution, delivery and re- cording of this Agreement, and only upon the conditions herein- after set out in this Agreement, which the City deems necessary to impose to insure compliance with the applicable City ordi- nances and to protect adjacent properties. NOW, THEREFORE, in consideration of the granting by the City of the above requested parking variance and deferment of the prior variance, and of the mutual covenants and agree- ments hereinafter contained, it is hereby agreed by and between the parties hereto as follows: 1. City hereby confirms that it did grant a vari- ance from its applicable ordinances and from the Parking Agree- ment whereby there need not now be constructed on the Condo- minium Property the Deferred Parking Spaces pursuant to the terms and conditions of the Parking Agreement, subject, how- ever, to the following terms and conditions of this Agreement. -2- ty . y p }� 2. If the City Manager and the City Planner, in their sole discretion, shall hereafter determine that addi- tional exposed parking spaces are required on the Condominium Property, then Association will, at its sole cost and expense, construct, pursuant to the Condominium Plan, such additional exposed parking spaces as the City Planner and City Manager shall then recuire, up to the maximum number of twenty -six (26) exposed parking spaces, such construction to be in the location of the Deferred Parking Spaces shown on the Condo- minium Plan. The City Planner and City Manager need not re- quire that all of the additional exposed parking spaces be constructed at any one time, but may require additional parking spaces to be constructed from time to time as they deem them necessary, util all of the Deferred Parking Spaces as shown on the Condominium Plan have been constructed. The additional exposed parking spaces from time to time required by the City Manager and the City Planner shall be built in full compliance with the Condominium Plan and the then applicable City ordi- nances; provided, however, that Association may prepare and present to the City a new or revised parking plan for review and approval by the City, and if approved by the City, such additional exposed parking spaces may then be constructed pur- suant to said new parking plan, as approved, and subject to the then applicable ordinances of the City. (i) The City Manager and City Planner shall give written notice to Association of their determination that additional exposed parking spaces are then required, setting forth in said notice the number of spaces then required to be constructed, uz to the maximum of the Deferred Parking Spaces. Association, within thirty (30) days after such notice is',,, given, shall give written notice to the City as to whether or not it will construct such additional exposed parking spaces -3- Pursuant to the Condominium Plan or will submit a new plan — as above allowed. In the event a new plan is to be submitted, it shall accompany the notice given to the City. If no notice is given to the City within said 30 -day period, Asso- ciation shall be deemed to have agreed to construct such ad- ditional spaces pursuant to the Condominium Plan. (ii) Association shall commence construction of such additional exposed parking spaces as are then required by the City Manager and City Planner within ninety (90) days after said notice is given by the City Planner or City Manager unless Association elects to submit a new parking plan, in which case such construction shall commence within ninety (90) days after approval or rejection by the City of the proposed new plan, subject, however, to extensions of said 90 -day period by reason of delays due to weather, labor disputes, material shortages or unavailability of material, unavoidable casualty, acts of God, or other causes beyond the reasonable control of Association, in which case the 90 -day period shall be extended by a period of time equal to any such delays; pro- vided, that no extension shall be given for any such delay unless written notice of such delay is given to the City with- in ten (10) days after the commencement of the delay. Once commenced, the construction shall be completed with all due diligence as soon as possible thereafter. 3. The City and the Association do hereby acknowl- edge receipt from York of the sum of Twenty Thousand and no /100 Dollars ($20,000.00) in full payment and performance of all of York's obligations under the Parking Agreement to construct parking spaces on the Condominium Property. Association and City agree that said Twenty Thousand and no /100 Dollars ($20,000.00) shall be placed in an interest bearing account or deposit of a -4- kind and with a depository to be mutually agreed upon and to be withdrawn only upon the joint signatures of the Asso- ciation and City. When withdrawn, said sum, with all accrued interest, shall be used only for the construction of the Deferred Parking Spaces as required to be constructed by City pursuant hereto. If the City does not require the De- ferred Parking Spaces to be constructed pursuant to this Agreement or if said sum, with interest, exceeds the cost of such construction, then said sum, or the balance thereof, shall be paid over to the Association to be used by the Asso- ciation as it shall determine. 4. City and Association agree that the variance granted as to the Deferred Parking Spaces shall be reconsidered by the City, on its own motion or upon request of the Associa- tion, on or about June 1, 1981, at which time, upon reconsidera- tion, the City may extend the variance for an additional period, require some or all of the Deferred Parking Spaces to be constructed pursuant hereto, or determine that the Deferred Parking Spaces need not be constructed and release the Twenty Thousand and no /100 Dollars ($20,000.00), with accrued interest, to the Association. 5. If any term, condition, or provision of this Agreement, or the application thereof to any person or circum- stance, shall, to any extent, be held to be invalid or unenforce- able, the remainder hereof and the application of such term, provision, and condition to persons or circumstances other than those as to whom it shall be held invalid or unenforce- able shall not be affected thereby, and this Agreement, and all the terms, provisions, and conditions hereof, shall, in all other respects,'continue to be effective and to be complied with to the full extent permitted by law. -5- 6. All notices, reports, or demands required or permitted to be given under this Agreement shall be in writing and shall be deemed to be given when delivered personally to any officer of the party to which notice is being given, or when deposited in the United States mail in a sealed envelope, with registered or certified mail postage prepaid thereon, addressed to the parties at the following addresses: To City: 4801 West 50th Street Edina, Minnesota 55424 Attention: City Manager To Association: 7200 York Avenue South E ina, Minnesota Attention: Marilynn Everett Such addresses may be changed by either party upon notice to the other party given as herein provided. 7. In the event that Association fails or refuses to fully comply with all of its obligations under this Agree- ment, and such failure or refusal continues for a period of thirty (30) days after notice thereof is given to Association, then, in that event, in addition to any other remedies then available to the City at law or in equity, the City may (i) revoke the said variance, in which case Association shall imme- diately construct all Deferred Parking Spaces required by the Condominium Plan, in full compliance with the Condominium Plan and all then applicable ordinances of the City, or (ii) enter upon the Condominium Property with such men, equipment and materials as the City deems necessary for the purpose of per- forming the obligations of Association hereunder that it has then failed or refused to perform, or, at City's discretion, of construction all of the Deferred Parking Spaces pursuant to the Condominium Plan, whether or not then required hereunder to be constructed, without liability or obligation of any kind to any owner or occupant of the Condominium Property for trespass or damage to the Condominium Property or improvements thereon from which liability and obligation and all cost, damage and expense resulting therefrom, including attorneys' fees, the Association hereby agrees to indemnify City and hold City harmless, (iii) obtain enforcement.of this Agreement by court order for mandatory injunction or other appropriate relief, or (iv) revoke, or withhold and deny, any building permits, certificates of occupancy, utility connection permits, and any other permits and approvals, previously granted, issued, or given by the City, or then to be granted, issued, or given by the City, for the construction or occupancy of any or all of the improvements then or thereafter on the Condomimium Property, until such failure or refusal ends and the obliga- tions of Association are fully complied with. All of the fore- going remedies shall be usable and enforceable by the City separately or concurrently as the City shall determine, and the use of one remedy shall not waive or preclude the use of any one or more of the other remedies. Also, the failure to exercise, or delay in exercising, any remedy hereunder in the event of a failure or refusal by Association shall not pre- clude City from thereafter exercising any of its remedies for the same or a subsequent failure or refusal. Association agrees to pay to the City any and all costs and expenses in- curred by City in enforcing this Agreement by use of the reme- dies above set out or by other remedy or means available to City at law or in equity, including attorneys' fees, whether suit be brought or not, and with interest on all such costs and expenses at ten percent (10 %) per annum from the dates incurred by City until paid, and Association also agrees to pay all costs of collection of such costs and expenses, with interest thereon, again including attorneys' fees and whether suit be brought or not, with interest at ten percent (10 %) per annum on such costs of collection from the dates incurred until -7- paid. Association further agrees, the provisions of para- graph 3 hereof to the contrary notwithstanding, that if Asso- ciation becomes indebted to City pursuant to this paragraph 7, City may draw on said sum of Twenty Thousand and no /100 Dollars ($20,000.00), and the interest thereon, to pay any and all such indebtedness to the City, without further consent or signature by Association, but Association shall remain liable for any deficiency. Association agrees that the holder of said Twenty Thousand and no /100 Dollars ($20,000.00) may rely upon a written statement from City that monies are due to City from the Association under this Agreement, and shall have no liability to Association for payment to City pursuant to such statement. 8. The terms and provisions hereof shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns, and shall run with the title to the Condominium Property and be binding upon all pre- sent and future owners of the Condominium Property. 9. The Parking Agreement is hereby amended and modi- fied to the extent inconsistent herewith, but as hereby amended and modified shall be and remain in full force and effect. IN WITNESS WHEREOF, the parties hereto have executed this agreement as of the day and year first above written. YORK CO O, INC. ' CI By By Its And An Its :n .a•rrou.:,.a.A ate aos�s •- • ASSOCIATI • By And r Its no STATE OF MINNESOTA SS COUNTY OF HENNEPIN The foregoing instrument was acknowledged before me this fc�lay of ���, 1980, by and r spectively the and of YORK CON sota corporation, on behalf of said corporation DIANE L JONPO N �• MJUN�p � �._ , Notary Public STATE OF MINNESOTA SS COUNTY OF HENNEPIN The foregoing instrument was acknowledged before me this r �- day of _ -iY\ , 1980, by t X_-� and C _ �� respectively the { "a_ and o--- of CIT OF EDINA, a Minnesota municipa cor- poration, on behalf of said municipal corporation. Notary Public STATE OF MINNESOTA SS COUNTY OF HENNEPIN ✓,+.:YME�aP.e.p..q+r:a�.a•ge ,'tyc��r..�. n r FLOEivCt S. 1 iALLBERG 3 t' 7y Lor a rims Dec. 31, 1985 The foregoing instrumen was acknowledged before me this day of 7 1 1981, by and , resp ctively the and _ of YORK CONDO ASSOCIATION, INC., a Minne- sota non - profit corporation, on behalf of said non - profit corpo- ration. Notary lic THIS INSTRUMENT WAS DRAFTED BY: Dorsey, Windhorst, Hannaford, Whitney & Halladay 2300 First National Bank Building Minneapolis, Minnesota 55402 JOAN A. h.' ` jWAItY rUBIIC • M 3TA Np1f1BPIN COUNTY Le ---------- i - _060001 Inn Aug. 23, INN EXHIBIT A To Agreement _ (Conditions to Parking Variance) between YORK CONDO, INC., CITY OF EDINA, and YORK CONDO ASSOCIATION, INC. [Condominium Property) That part of Lot 2, Block 1, lying Easterly of the following described line, and its Northerly exten- sion: Commencing at the Northeast corner of said Lot 2; thence South 89 degrees 46 minutes 22 seconds West, assumed basis for bearings, along the north line thereof, 547.26 feet, to the point of begin- ning; thence South 00 degrees 05 minutes 10 seconds East, 352.02 feet to the South line of said Lot 2 and there terminating, Yorktown Second Addition, according to the plat thereof on file or of record in the office of the Registrar of Titles in and for said County. Tv rip 7PE ®I CIA 4801 WEST 50TH STREET. EDINA, MINNESOTA 55424 612- 927 -8861 May 29, 1981 1 Mr. Vasco Bernardi York Condo I nc. 7401 Metro Boulevard Edina, MN 55435 Dear Mr. Bernardi: The City is in receipt of the three party agreement concerning future parking spaces at the York Plaza Condominiums, 7200 York Avenue, the east part of Lot 2, Block 1, Yorktown Second Addition. A copy of this agreement is enclosed for your reference. The agreement releases York Condo Inc. of further responsibility for construction of additional parking spaces at the east condominium building. The agreement also satisfies one of the conditions estab- lished for issuance of occupancy certificates for the west condominium building. However, these occupancy certificates can not be issued until the parking agree- ment for the York Plaza Apartments is completed and returned to the City. We understand that this agreement has been transmitted to Teacher's Insurance and Annuity Association of America and has not been returned. The three party agreement was received by the City almost concurrently with the expiration of the six month period established by the Edina City Council for review of the surface parking needs at the east York Plaza Condominium. The Edina Board of Appeals and Adjustments will consider the surface parking at the June 18, 1981 meeting at 5:30 p.m. Under these circumstances, we have decided to delay issuance of the occupancy permit for the east building until the Board has decided the matter. Sincerely Harold Sand Assistant Planner Encl . cc. Building Department Marilyn Everett fgqEDINA 4801 WEST 50TH STREET, EDINA. MINNESOTA 55424 612 -827 -8861 May 29, 1981 Mrs. Marilyn Everett President York Condo Association 7200 York Avenue South Edina, MN 55435 Dear Mrs. Everett: In accordance with your request, 1 have scheduled the review of the surface parking variance for the York Condo Association building on June 18, 1981, at 5:30 p.m., before the Edina Board of Appeals and Adjustments. Mailed notice of the hearing will be sent to property owners on June 4, 1981. We request that any information your assocaition wishes to submit for con- sideration is provided to the Planning Department prior to June 9, 1981. We will continue to withhold issuance of full occupancy certificates for the building until the Board has decided the parking issue. Enclosed please find an executed copy of the three party agreement concerning surface parking at the York Plaza Condominiums and a letter to Vasco Bernardi, York Condo Inc., concerning the agreement. Sincerely, Harold Sand Assistant Planner Encl. HS : jr � I � 90C,IAL 3ECURITV NO. 0115 01 71093 I NON- TRANSFERABLE AUTOMATICALLY RENEWABLE: 41- 132071 • TIME THIS CERTIFICATE WILL BE RENEWED AT THE INVESTOR CERTIFICATE BANK'S PREVAILNG RATE OF INTEREST FOR THIS INSTRUMENT AT THE TIME OF MATURITY. City of Edina and RATE DATE OF PURCHASE I F—PURCHASE AMOUNT DEPOSITORS) York Condo Association, Inc. 5 -12 -81 20,000.00 ANNUAL 15, 781% NAME AND 7200 York Av. S. #223 ADDRESS Edina, W 55435 Y monthly INTEREST HEREON TO MATURITY BE PAID y Wa.tures 11 -10 -81 ❑ CHECK p ADD TO [Y SS CREDIT _??5411 CERTIFICATE -2 AMOUNT OF DEPOSIT Twenty thousand and no /100's- -- --- -- -- -- - --- DOLLARS. S 20,000.00 PAYABLE 182 days MONTHS AFTER DATE OF PURCHASE. .i SEE REVERSE SIDE FOR _ ' lip First Batik Southdale NOTICE• IMPORTANT INFORMATION Member First Bank System CONCERNING AUTOMATIC First SOuthdale National Bank of Edina RENEWAL. EARLY WITH- 7001 France Ave., S. DRAWAL AND GENERAL 1 ,` Edina, MN 55435 CONDITIONS OF DEPOSIT. l� U G DDY _ AUTHORIZED SLGNATV RE G ZC -32 (8 -80) 0 w l V r AMENDED AGREEMENT (Conditions to Parking Variance) [East Part of Lot 2, Block 1, Yorktown Second Addition] THIS AGREEMENT, made and entered into this l'u day of j4ugj �" , 1982, by and between CITY Or EDINA, a Minnesota municipal corporation ( "City ") and YORK CONDO ASSOCIATION, INC., a Minnesota non - profit corporation ( "association "); WHEREAS, York Condo, Inc., a Minnesota Corporation ( "York ") and the City entered into an Agreement (Conditions to Parking Variance) dated April 26, 1979, and filed July 20, 1979, in the office of the Registrar of Titles, Hennepin County, Minnesota, as Document No. 1339353 (the "Parking Agreement "); and WHEREAS, by the terms of the Parking Agreement, York was to construct upon the property described in Exhibit A attached hereto and hereby glade a part hereof (the "Condominium Property "), on or before September 1, 19791 fifty (50) exposed parking spaces additional to those then on the Condominium Property in full compliance with a plan (the "Condominium Plan ") attached to the Parking Agreement as Exhibit D and in full compliance with applicable City ordinances and without cost to the City or to any owners, occupiers or encumbrancers of the Condominium Property (other than York, if York has an interest in the Condominium Property); and WHEREAS, after twenty -two (22) of the fifty (50) parking spaces had been constructed, the Association requested that the balance of the parking spaces to be constructed be reduced from twenty -eight (28) to twenty -six (26) parking spaces, being the twenty -six (26) spaces shown on the Condominium Plan as lying East of the East line of the building on the Condominium Property (the "Deferred Parking Spaces "), and that the requirement to construct the same be deferred; and WHEREAS, York was agreeable to such reduction and deferment, but desired to be released from its obligations to construct the additional parking spaces pursuant to the Condominium Plan; and WHEREAS, the City did, On November 17, 1980, in Case No. B-80-47, grant the requested variance reducing the number of parking spaces to be constructed from twenty -eight (28) to twenty -six (26) and deferring their construction for a six (6) month period, because the strict enforcement of the City ordinances would, in that case, cause undue hardship because of circumstances unique to the Condominium Property, and the grant of such variance had been determined by the City to be in keeping with the spirit and intent of the applicable ordinances, but subject to the terms and conditions of that certain Agreement (Conditions to Parking Variance) dated May 12, 1981 between York, the City and the Association (the "Second Parking Agreement "); and WHEREAS, after consultation with an engineer, the Association desires to further reduce the number of parking spaces to be constructed from twenty -six (26) to twelve (12), and the City is agreeable to such further reduction; and WHEREAS, the City by action of the City Council done on February 1, 1982, granted the requested variance reducing the number of parking spaces to be constructed immediately from twenty -six (26) to twelve (12) because -2- strict enforcement of the City ordinances would in this case, cause undue hardship because of circumstances unique to the Condominium Property, and the grant of such variance has been determined by the City to be in keeping with the spirit and intent of the applicable ordinances, but subject to the execution, delivery and recording of this Agreement, and only upon the conditions hereinafter set out in this Agreement, which the City deems necessary to impose to insure compliance with applicable City ordinances and to protect adjacent properties. NOW, THEREFORE, in consideration of the granting by the City of the above requested parking variance and of the mutual convenants and agreements hereinafter contained, it is hereby agreed by and between the parties hereto as follows: 1. City hereby confirms that it did grant a variance from its applicable ordinances and from the Second Parking Agreement whereby there need now be constructed on the Condominium Property only twelve (12) of the Deferred Parking Spaces, subject, however, to the terms and conditions of this Agreement. The twelve (12) parking spaces to be constructed immediately are indicated in red on the revised condominium site plan - Parking Plan approved by City Council February 1, 1982, which is attached hereto as Exhibit B and made a part hereof. 2. If the City Manager and the City Planner, in their sole discretion, shall hereafter determine that exposed parking spaces in addition to those to be constructed immediately pursuant to paragraph l hereof are required on the Condominium Property, then Association shall, at its sole cost and expense, provide such -3- additional exposed parking spaces as the City Manager and City Planner shall then require, up to a maximum of fourteen (14) parking spaces. The City Planner and City Manager need not require that all fourteen (14) of the additional parking spaces be provided at any one time, but may require additional parking spaces to be provided from time to time as they deem them necessary, until Association has orovided fourteen (14) additional exposed parking spaces. The additional exposed par'::ing spaces from time to time required by the City Manager and the City Planner shall be built or provided in full compliance with the then applicable City ordinances. If any of the additional fourteen (14) spaces are required, the Association shall have the right to provide the additional spaces by restriping tree existing parking areas into smaller stalls or a different configuration of stalls, or by other nonstructural methods, subject to the then applicable ordinances of the City. if only some of the additional exposed parking spaces from time to time required by the City Manager and the City Planner can be provided in compliance with the then applicable ordinances of the City by restriping or other nonstructural methods, then Association shall construct the balance of the additional exposed parking spaces then required in the location indicated in red on the revised condominium site plan - Future parking plan approved by City Council February 1, 1982, which is attached hereto as Exhibit C and made a part hereof; provided, however, that Association may prepare and present to the City a new or revised parking plan for review and approval by the City, and if approved by the City, such additional exposed parking may then be provided pursuant to the new parking -4- plan, as approved, subject to the then applicable ordinances of the City. (i) The City Manager and City Planner shall give written notice to Association of their determination that additional exposed parking spaces are then required, setting forth in said notice the number of spaces then required to be constructed, up to the maximum of fourteen (14) parking spaces. Association, within thirty (30) days after such notice is given, shall give written notice to the City as to how and where it will provide such additional exposed parking spaces. If the City objects to the method or location of such additional spaces by written notice given to Association within fifteen (15) days after such notice is given to the City, Association shall revise the method and /or location to the extent objected to by the City and give written notice of such revisions to the City, which may again object in the manner and time above stated. Objections of the City and revisions by Association shall continue as herein provided until the City approves of such method and location. If the City does not so object within said fifteen (15) day period, it shall be deemed to have approved of such method and location as proposed by Association. (ii) Association shall commence construction of such additional exposed parking spaces as are then required by the City Manager and City Planner within ninety (90) days after approval of the method and location of providing the additional spaces then required, subject, however, to extensions of said ninety (90) day period by reason of delays due to weather, labor disputes, material shortages or unavailability of material, -5- unavoidable causalty, acts of God, or other causes beyond the reasonable control of Association, in which case the ninety (90) day period shall be extended by a period of time equal to any such delays; provided, that no extension shall be given for any such delay unless written notice of such delay is given to the City within ten (10) days after the commencement of the delay. Once commenced, the construction shall be completed with all due diligence as soon as possible thereafter. 3. The City and Association have previously acknowledged receipt from York of the sum of Twenty Thousand and Llo /100ths Dollars ($20,000.00), which sum satisfied in full payment and performance of all of York's obligations under the Parking Agreement, the Second Parking Agreement and this Agreement to construct parking spaces on the Condominium Property. Association and the City acknowledge that the Twenty Thousand and vo /100ths Dollars ($20,000.00) is placed in an interest bearing account or deposit of a kind and with a depository mutually agreed upon by the City and Association, and that it will be withdrawn only upon the joint signatures of the City and Association. When withdrawn, said sum, with all accrued interest, shall be used only for the construction of the twelve (12) parking spaces outlined in red on Exhibit B. If said sum, with interest, exceeds the cost of such construction, then said sum, or the balance thereof, shall be paid over to Association to be used by Association as it shall determine. 4. I£ any term, condition, or provision of this Agreement, or the application thereof to any person or circumstance, shall, to any extent, be held to be invalid or unenforceable, the remainder hereof and the application of such term, provision and condition to persons or circumstances other than those as to whom it shall be held invalid or unenforceable shall not be affected thereby, and this Agreement, and all the terms, provisions, and conditions hereof, shall, in all other respects, continue to be effective and to be complied with to the full extent permitted by law. 5. All notices, reports or demands required or permitted to be given under this Agreement shall be in writing and shall be deemed to be given when delivered personally to any officer of the party to which notice is being given, or when deposited in the United States mail in a sealed envelope, with registered or certified mail postage prepaid thereon, addressed to the parties at the following addresses: To City: 4801 West 50th Street Edina, Minnesota 55424 Attention: City Manager To Association: 7200 York Avenue South Edina, Minnesota 55435 Attention: York Condo Assoc. President Such addresses or names may be changed by either party upon notice to the other party given as herein provided. 6. In the event that Association fails or refuses to fully comply with all of its obligations under this Agreement, and such failure or refusal continues for a period of thirty (30) days after notice thereof is given to Association, then, in that event, in addition to any other remedies then available to the City at law or in equity, the City may (i) revoke the said variance, in which case Association shall immediately construct all Deferred Parking Spaces required by the Condominium Plan -7- attached to the Parking Agreement, in full compliance with the Condominium Plan and all then applicable ordinances of the City, or (ii) enter upon the Condominium Property with such personnel, equipment and materials as the City deems necessary for the purpose of performing the obligations of Association hereunder that it has then failed or refused to perform, or, at City's discretion, of constructing all of the Deferred Parking Spaces pursuant to the Condominium Plan attached to the Parking Agreement, whether or not then required hereunder to be constructed, without liability or obligation of any kind to any owner or occupant of the Condominium Property for trespass or damage to the Condominium Property or improvements thereon from which liability and obligation and all cost, damage and expense resulting therefrom, including attorneys' fees, Association hereby agrees to indemnify City and hold City harmless, (iii) obtain enforcement of this Agreement by court order for mandatory injunction or other appropriate relief, or (iv) revoke, or withhold and deny, any building permits, certificates of occupancy, utility connection permits, and any other permits and approvals, previously granted, issued or given by the City, or then to be granted, issued, or given by the City, for the construction or occupancy of any or all of the improvements then or thereafter on the Condominium Property, until sµch failure or refusal ends and the obligations of Association are fully satisfied. All of the foregoing remedies shall be usable and enforceable by the City separately or concurrently as the City shall determine, and the use of one remedy shall not waive or preclude the use of any one or more of the other WIM remedies. Also, the failure to exercise, or delay in exercising, any remedy hereunder in the event of a failure or refusal by Association shall not preclude City from thereafter exercising any of its remedies for the same or a subsequent failure or refusal. Association agrees to pay to the City any and all costs and expenses incurred by City in enforcing this Agreement by use of the remedies above set out or by other remedy or means available to City at law or in equity, including attorneys' fees, whether suit be brought or not, and with interest on all such costs and expenses at the rate specified below from the dates incurred by the City until paid, and Association also agrees to pay all costs of collection of such costs and expenses, with interest thereon, again including attorneys' fees and whether suit be brought or not, with interest at the rate specified below on such costs of collection from the dates incurred until paid. The interest rate to be charged shall be equal to two percent (2%) in excess of the prime rate of the First National Bank of Minneapolis (the "Bank ") on the date that such costs and expenses are incurred by the City. For the purposes of this Agreement, "prime rate" shall mean the rate of interest from time to time publically announced by the Bank as its prime rate. Association further agrees that if Association becomes indebted to City pursuant to this paragraph 5, City may draw on the sums on deposit under paragraph 3 of this Agreement, and the interest thereon, to pay any and all such indebtedness to the City, without further consent or signature by Association, but Association shall remain liable for any deficiency.. Association agrees that the holder of the Twenty Thousand and no /100 Dollars ($20,000.00) may rely upon a written statement from the City that monies are due to the City from Association under this Agreement, and shall have no liability to Association for payment to the City pursuant to such statement. 7. The terms and provisions hereof shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns, and shall run with tale title to the Condominium Property and be binding upon all present and future owners of the Condominium Property. 8. The Parking Agreement and the Second Parking Agreement are hereby amended and modified to the extent inconsistent herewith, but as hereby amended and modified shall be and remain in full force and effect. IN WITNESS WHEREOF, the parties hereto have executed this agreement as of the day and year first above written. CITY OF EDINA LOA And YORK CONDO ASSOCIATION, INC. By its And c— _ Its �G• -10- STATE OF MINNESOTA ss. COUNTY_OF HENNEPIN The foregoing instrument was acknowledged before me this �` da of & , 1982, by 01. wauge Cote ey and the 1A A.-%-Ae and c of CITY OF EDINA, a Minnesoth municipal co poratibn, on behalf of said mun' ipal co poration. .a�se °be CRAIG L. LARSEN ; !� 's NOTARY PUBLIC " MINNESOTA ry Public HENNEPIN COUPS "I'Y My Commission Expires Sept. 15, 1984 STATE OF MINNESOTA ss. COUNTY OF HENNEPIN The foregoing instrument was acknowledged before me this day of -�� r 1982, by T�� o.; '� DoA,� and PcAph :civ w. w respectively the &I'll and 41y.t_ of YORK CONDO ASSOCIATION, INC., a Minnesota non- profit corporation, on behalf of said non - profit corporation. Notary Public REYNOLDS B.THOMAS, JR. NOTARY PUBLIC - MINNESOTA HENNEPIN COUNTY This Instrument Was Drafted By: ''�' My Commission Expires June 19. 1983 DORSEY & WHITNEY 2200 First Bank Place East Minneapolis, Minnesota 55402 -11- EXHIBIT A To Agreement (Conditions to Parking Variance) between YORK CONDO, INC. CITY OF EDINA, and YORK CONDO ASSOCIATION, INC. [Condominium Property] That part of Lot 2, Block 1, lying Easterly of the following described line, and its northerly extension: Commencing at the Northeast corner of said Lot 2; thence South 89 degrees 46 minutes 22 seconds West, assumed basis for bearings, along the north line thereof, 547.26 feet, to the point of beginning; thence South 00 degrees 05 minutes 10 seconds East, 352.02 feet to the South line of said Lot 2 and there terminating, Yorktown Second Addition, according to the plat thereof on file or of record in the office of the Registrar of Titles in and for said County. -12- 0 f �._--- • __ . ....._.'-_.:'!. ____...__�..G'. _`�Y._.- "- ......_.�__ -.�__ S \-.... �___._ j d i tL / 1 o u U O , REVISED Parking Plan approved By City Council 2/1/82 Enclosed Stalls 166 Exterior exist. 52 Exterior prop. 12 (2/1/82) Exterior future 14 TOT s AL 24 v� k .S1` " PLAi�I .. 1 11 I ]TI r � f fyEw GONG. 1 + Ij Lf _fdl f ,d! REVISED - + w Future parking plan approved by City Council 2/1/82 - -- .51 T E' P L. �, �! . Y / + Y THIS INSTRUMENT IS EXEMPT FROM FEES PURSUANT TO MINNESOTA. STATUTE 386.77. t The City of Edina By: ._--- T omas S. Erickson City Attorney REGT9f FRED VOL. --&2OPAGE- 1482('arc; 6035-19 -2- -7 OFFICE OF THE REGISTRAR OF TITLES HENNEPIN COUNTY, MINNESOTA CERTIFIED FILED ON il q SEP 171982 9Q� REGISTRAR OF TITLES ------DEP-U-U REGISTERED VOL a 004 -PAGE-4P-Y/3 (, 6,94163 �oyaao oy A;L ;L ':ETSTEREO VOL. PAGF40Y3:39 o -q a y Q ,FG:r-TERED VOL. 20-0(-----PAGEJ() 699' :7-- 606-3/7 U41 30,2- T o r S `1 .-- oe"ll r Goy Of 64 S:Ilk 64G 663 6d � 69,V 606756 —, "7-- -- "r �.' '7)1 paeE -�O:�:r l7 3 7v fil-:3=.ED V OL. o C�647 YAC-11 % 175-75- A05 -L M6 U REGISTERED VOL pg, z; 0 F.3 0 i6 �y7 -�O:�:r l7 3 7v fil-:3=.ED V OL. o C�647 YAC-11 % 175-75- A05 -L M6 U REGISTERED VOL pg, z; 0 F.3