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HomeMy WebLinkAbout23379339v Z 3 3 7 AGREEMENT (Conditions to Parking Variance) THIS AGREEMENT, Made and entered into this �_ day of 1988, by and between PLITT THEATRES, INC., a _Dela are corporation ( "Corporation ") and CITY OF EDINA, a Minnesota municipal corporation (the "City "); WITNESSETH, THAT: WHEREAS, The Corporation is the owner of certain real property ( "Property ") located in the City of Edina, County of Hennepin, State of Minnesota, legally described on Exhibit A attached hereto and hereby made a part hereof; and WHEREAS, The Corporation proposes to reconstruct ( "Reconstruction ") the building of approximately 23,840 square feet currently existing on the Property ( "Building "), which Reconstruction is to accommodate an expansion of the current use of the Building as and for a theatre or theatres for the showing of motion picture films; and WHEREAS, the Building would need an additional ninety -three (93) parking spaces, following completion of the proposed Reconstruction, to comply with the City's zoning ordinances; and WHEREAS, the Property, after completion of the proposed Reconstruction to the Building will not be of sufficient size to accommodate more parking spaces as required by the zoning ordinances; and WHEREAS, the City proposes to construct an addition to the municipal parking ramp located adjacent to the Property and the Corporation has agreed to pay a portion of the cost of construction, pursuant to a Special Assessment Agreement between the City and the Corporation of even date herewith ( "Assessment Agreement "); and WHEREAS, the City, in consideration of the execution of the Assessment Agreement and for other considerations, on September 14, 1987, in Case No. P -87 -3, did grant the requested variance (the "1987 Variance ") because strict enforcement of the City ordinances would, in this case, cause undue hardship because of circumstances unique to the Property, and the grant of such variances has been determined by the City to be in TRANSFER ENTERED DEPT, QF PROPERTY TAX & PUBLIC RECORDS By keeping with the spirit and intent of the applicable ordinances, but the 1987 Variance was conditioned upon the execution, delivery, and recording of this Agreement, and upon the conditions hereinafter set out in this Agreement, which the City deems necessary to impose to ensure compliance with the applicable City ordinances and to protect adjacent properties; and WHEREAS, The Corporation is agreeable to the granting of the 1987 Variance subject to the conditions hereinafter set out, and is willing, and represents that it has the power and authority, to enter into this Agreement. NOW, THEREFORE, in consideration of the granting by the City of the 1987 Variance, and of the mutual covenants and agreements hereinafter contained, it is hereby agreed by and between the parties hereto as follows: 1. The City hereby confirms that it did, as above stated, grant the 1987 Variance from its applicable ordinances whereby no additional parking spaces need be constructed on the Property, subject, however, to the terms and conditions of this Agreement. 2. All of the portion of the Building which is currently utilized for theatre purposes (being the southernmost 8700 square feet, more or less, of the ground level of the Building), and all of the Reconstruction, shall be used exclusively as and for a theatre or theatres for the showing of motion picture films, or for a use which, under the then applicable City ordinances, requires no more than 74 parking spaces be available to the Property. 3. The Corporation, its successors and assigns, shall fully comply with the terms and conditions of the Assessment Agreement, including without limitation, complying with all payment obligations of the assessment made pursuant to the Assessment Agreement. If the Assessment Agreement becomes null and void pursuant to its terms, or for any other reason whatsoever, the 1987 Variance shall automatically terminate and thereafter the Property shall only be used in full compliance with all then applicable ordinances of the City. 4. The Corporation, as an additional condition to the granting of the 1987 Variance and in connection with and contemporaneous with the construction of the proposed Reconstruction, shall promptly and diligently remove the paint from portions of the Building pursuant to the plans prepared by Kofman Engineering Services Limited, dated May 14, 1987 and revised February 17, 1988 ( "Plans "). The Corporation shall remove the paint by a method which is first approved in writing by the City, which approval shall not be unreasonably withheld. -2- 0 ' 5. If 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. 6. In the event that the Corporation, its successors or assigns, fails or refuses to fully comply with all of its obligations under this Agreement and under the Assessment Agreement, or violates any of the provisions hereof, and such failure, refusal or violation continues for a period of thirty (30) days after notice thereof is given to the Corporation, its successors or assigns, then, in that event, in addition to any other remedies then available to the City at law or in equity, the City shall have the right to revoke the 1987 Variance, in which case the Property shall be used only in full compliance with all then applicable ordinances of the City. The Corporation acknowledges that there are currently 74 parking spaces available to the Property and that this number of spaces, but for the granting of the 1987 Variance, would not comply with the applicable City ordinances following - completion of the Reconstruction. Accordingly, and as further consideration for the granting of the 1987 Variance, the Corporation, for itself, its successors and assigns, hereby waives and relinquishes any and all claims it will or may have against the City by reason of the City's revocation of the 1987 Variance due to the Corporation's, or its successors' or assigns', failure or refusal to comply with the obligations contained in this Agreement, including, but not limited to, claims arising from the inability to use the Property as now improved and to be improved by the Reconstruction following the revocation of the 1987 Variance because the number of parking spaces available to the Property, based upon the then proposed use, may not comply with the then applicable City ordinances. Any 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 remedies. Also, the failure to exercise, or delay in exercising, any remedy hereunder in the event of a failure or refusal by the Corporation, shall not preclude City from thereafter exercising any of its remedies for the same or a subsequent failure or refusal. The Corporation, its successors and assigns, agrees to pay to City any and all costs and expenses incurred by City in enforcing this Agreement by the use of the remedies above -3- set out or by other remedies or means available to the 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 of twelve percent (12 %) per annum from the dates incurred by the City until paid. The Corporation, its successors and assigns, also agrees to pay all costs of collection of any monies due to the City from the Corporation, its successors and assigns, pursuant hereto, and of such costs and expenses incurred in enforcing this Agreement, with interest thereon, again including attorneys' fees and whether suit be brought or not, with interest at the rate of twelve percent (12 %) per annum from the dates such costs of collection were incurred until paid. 7. 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 personally delivered to any officer of the party to which notice is being given, or five (5) business days after it is deposited in the United States or Canada mail in a sealed envelope, with registered or certified mail postage prepaid thereon, addressed to the parties at the following addresses: To City: To the Corporation: 4801 West 50th Street Edina, Minnesota 55424 Attn: City Manager Plitt Theatres, Inc. 1303 Yonge Street Toronto, Ontario M4T2Y9 Attn: General Counsel Such addresses may be changed by any party upon notice to the other party given as herein provided. 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 Property and be binding upon all present and future owners of the Property. If, for any reason, the provisions hereof should be determined by the legal counsel for City, or by a court of competent jurisdiction, not to be binding upon and fully enforceable against any owner of all or any part of the Property, then the 1987 Variance shall wholly cease and terminate and the Property shall be used and useable only in full compliance with all then applicable ordinances of the City. If there be at any time more than one owner of the Property, all of such then owners, while they are such owners, shall be jointly and severally liable for all obligations under this Agreement. -4- IN WITNESS WHEREOF, the parties hereto have caused this instrument to be duly executed the day and year first above written. PLITT THEATRES, INC. Bar..._ Its enior ice President By Its Sen -ef Vice President CITY OF EDINA By . Its Mayor is Manager PROVINCE OF ONTARIO ) )SS. JUDICIAL DISTRICT OF YORK) The foregoing instrument was acknowledged before me this '911H day of _hAI , 1988, by Peter H. Mandell and David M. Allen, Senior Vice President i Theatres, Inc a Delaware corporation, on behalf o -crzo ation. r Notary Public -5- /Py STATE OF MINNESOTA) )SS. COUNTY OF HENNEPIN) The foregoin ' nstrument was acknowledged before me t is = day of 1988, by4 � riFT and ,L' W',� -z- ?�5t � the Mayor and Manager, respectively, of the City of Edina, a Minnesota municipal corporation, on behalf of said munic ' G3 al This instrument drafted by: Dorsey & Whitney 2200 First Bank Place East Minneapolis, Minnesota 55402 EXHIBIT A All that part of Lot 45, Auditor's Subdivision Number 172, described as follows: Commencing at the Northwest corner of Lot 47, thence South to the Southwest corner thereof; thence West 13.90,feet; thence South 1.10 feet; thence West 36.10 feet; thence South 2.40 feet; thence West to a point 7.00 feet East from the West line of Lot 45; thence North 134.75 feet; thence West 4 feet; thence North to the South line of West 50th Street; thence East 87 feet; thence South to beginning. 1 r EXHIBIT A All that part of Lot 45, Auditor's Subdivision Number 172, described as follows: Commencing at the Northwest corner of Lot 47, thence South to the Southwest corner thereof; thence West 13.90,feet; thence South 1.10 feet; thence West 36.10 feet; thence South 2.40 feet; thence West to a point 7.00 feet East from the West line of Lot 45; thence North 134.75 feet; thence West 4 feet; thence North to the South line of West 50th Street; thence East 87 feet; thence South to beginning. ti 4 z 3.37 I 23MAY8815:54 B5412155 P]C $10.50 D=r1cr Or ^, 1� 1' zuon s ilE-- i%LPIN : �.N, NNES01� cc R?IFIEC FILED ASO OR RECORDED b# 1988 MAY 23 PM 3: 58 , :, 6!''t , ;5412155 REC FEE r a� COPY FEE S' _�DX 3 yQ 9342v 5412157 Z,33,7 SPECIAL ASSESSMENT AGREEMENT THIS AGREEMENT, Made and entered into this A day of , 1988, by and between the CITY OF EDINA, a Minnesota municipal corporation (the "City ") and PLITT THEATRES, INC., a Delaware corporation (the "Corporation "). It is hereby agreed by and between the parties hereto as follows: 1. Corporation hereby petitions for construction of, and in consideration of the undertaking by the City to construct or cause to be constructed, an additional level, (the "Addition ") resulting in approximately 111 new parking spaces, to the municipal parking ramp on the south side of West 50th Street between France and Halifax Avenues (the "South Side Ramp "), Corporation agrees to an assessment against the property of Corporation (the "Property ") described on Exhibit A attached hereto and made a part hereof, pursuant to Minnesota Statutes, Chapter 429, in an amount equal to the lesser of i) thirty percent (30 %) of the actual cost of construction of the Addition as determined by the City or ii) $240,000 (the "Assessment Amount "). The Assessment Amount, with interest thereon at 9% per annum, shall be assessed and be payable over a period of 20 years commencing in 1989 or 1990 as the City shall determine. Corporation waives and releases any and all objections of every kind to such assessment, including without limitation, waiver of notices and hearings required by applicable statutes, and waiver of objections resulting from failure to comply with any applicable statute, including, without limitation, the failure to comply with any provision of Minnesota Statutes, Chapter 429. Corporation also waives and releases the right to appeal, pursuant to Minnesota Statutes, Section 429.081, from such assessment. For purposes of this Agreement, actual costs of construction of the Addition shall include all cost items normally included by the City in determining the cost of an improvement for the purpose of levying a special assessment, including, without limitation, architect's and engineer's fees (including the City Engineer's Fee) and interest. 2. Once the Addition is constructed, the City intends to operate the South Side Ramp, or cause it to be operated, as and for a public parking facility. However, City makes no agreement or representation concerning the time of completion of the Addition or that the Addition or the South Side Ramp TRANSFU ENTERED OFPT. OF PROPERTY TAX & PUBLIC RECORDS MAY 2$ H EM INN I?Y __ DEPUV i 6 will be maintained for public use or in public ownership. Notwithstanding any such cessation of public use or ownership, the assessment levied by City pursuant hereto shall remain a valid and enforceable lien against the property of Corporation. 3. This Agreement is contingent upon Corporation obtaining a building permit from the City no later than June 3, 1988 which allows Corporation to construct the Reconstruction, as defined in the Agreement (Conditions to Parking Variance) of even date herewith between the City and Corporation. If this contingency is not satisfied on or before June 3, 1988, this Agreement shall be null and void and thereafter neither party shall have any further obligation or liability hereunder. The City agrees not to unreasonably delay issuance of such building permit once application for such permit is duly and fully made by Corporation. 4. The provisions hereof shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns. This Agreement may be filed or recorded against the real property described in Exhibit A attached with the party who chooses to file or record the document bearing the cost of filing or recording. CITY OF EDINA By _�_ Lif Its Mayor And Its Manager PLITT ATRES, INC. By Its nior V' a President And A Its 5 ft+0-f Vice President -2- STATE OF MINNESOTA ) ) ss. COUNTY OF HENNEPIN ) The foregging instrument was ac nowledged before me this day of j , 1988, by and as Mayor and Manager of the CITY OF fI—NA, Minne ota municipal corporation, on behalf of the corporation. a 6 3'ri l PROVINCE OF ONTARIO ) JUDICIAL DISTRICT OF YORK) ss The foregoing instrument was acknowledged before me this 9-TH day of _ YIA'1 1 1988, by Peter H. Mandell and David M. Allen, Senior Vice Presidents o TT EATRES, INC., ' a Delaware corporation, on behalf of t r o t on. DRAFTED BY: Dorsey & Whitney 2200 First Bank Place East Minneapolis, Minnesota 55402 Notary Public -3- � T � s EXHIBIT A All that part of Lot 45, Auditor's Subdivision Number 172, described as follows: Commencing at the Northwest dorner of Lot 47, thence South to the Southwest corner thereof; thence West 13.90 feet; thence South 1.10 feet; thence West 36.10 feet; thence South 2.40 feet; thence West to a point 7.00 feet East from the West line of Lot 45; thence North 134.75 feet; thence West 4 feet; thence North to the South line of West 50th Street; thence East 87 feet; thence South to beginning. f a � J R �V Ir E D t 23MAYS815:54 85412157 00C $10.50 iLC FILEO A&W OR iCC -- .1Ea ON "98MY23 PM 3 =58 N ; 5412157 REC FEE t� COPY FEE ` 5 G x 348 r 541 Z 3.3 J PERMIT FOR STREET ENCROACHMENT THIS PERMIT, is made and given by the City of Edina, a Minnesota municipal corporation ( "City ") to Plitt Theatres, Inc., a Delaware corporation ( "Permittee ") and is effective as of the date of execution by the City as indicated below. WHEREAS, Permittee is the owner of certain real property ( "Property ") located in the City of Edina, County of Hennepin, State of Minnesota, legally described on Exhibit A, attached hereto and made a part hereof; and WHEREAS, Permittee proposes to reconstruct ( "Reconstruction ") the building currently existing on the Property ( "Building ") (the Building and Reconstruction hereinafter collectively shall be referred to as "Improvements "), which Reconstruction is to accomodate an expansion of the current use of the Building as and for a theatre or theatres for the showing of motion picture films; and WHEREAS, the Improvements encroach onto the City's right of way for West 50th Street ( "Street "); and WHEREAS, the City's approval of the Reconstruction, subject to the terms and conditions,of the Agreement (conditions to parking variance) ( "Parking Variance Agreement ") and the Special Assessment Agreement, both of even date herewith, between the City and Permittee is conditioned upon the execution and delivery of this Permit. NOW, THEREFORE, in consideration of the covenants and agreements herein made by Permittee, and subject to the terms and conditions.herein, the City hereby authorizes and permits the Improvements to encroach upon the portion of the Street described on Exhibit B attached hereto and made a part hereof (that portion of the Improvements which is hereby authorized to encroach upon the Street is hereinafter referred to as "Encroachment "), subject to the following: 1. This Permit shall automatically terminate upon the earliest of (a) all of the portion of the Building which is currently utilized for theatre purposes (being the southernmost 8700 square feet, more or less, of the-ground level of the Building), and all of the Reconstruction, ceasing to be used exclusively as and for a theatre or theatres for the showing of motion picture films, or for a use which, under the then applicable City ordinances requires no more than 74 parking spaces be available to the Property; or (b) the voluntary or involuntary demolition, destruction or removal of the Improvements; (c) termination pursuant to paragraph 4 hereof; or (d) the Parking Variance Agreement and /or the Special Assessment Agreement becoming null and void. Upon termination of this Permit pursuant to (a), (c) or (d), the Encroachment shall be removed from the Street within thirty (30) days after written notice is given to Permittee by the City. 2. Permittee shall be solely responsible for repairing the Encroachment and maintaining the same at all times in a good and safe condition, and in a manner which is reasonably acceptable to the City. 3. Permittee, its successors and assigns shall indemnify and hold the City, the Housing and Redevelopment Authority of Edina, Minnesota ( "H.R.A. ") and their respective officers, officials, commissioners, agents; employees and representatives, harmless from any and all claims, demands, damages, costs and expenses, including, without limitation, reasonable attorney's fees for the defense thereof, arising out of or in connection with the Encroachment, or repair, maintenance, or removal thereof, and Permittee, its successors and assigns, agrees to pay to the City and the H.R.A., and any of their respective officers, officials, commissioners, agents, employees and representatives, upon demand, any such cost, damage or expense, including reasonable attorney's fees, suffered or incurred by the City, the H.R.A., and any of their respective officers, officials, commissioners, agents, employees or representatives, with interest at the rate of twelve percent (12 %) per annum from the date demanded until paid. Permittee also agrees to pay all costs of collection of any monies due to the City, the H.R.A. or any of their respective officers, officials, commissioners, agents, employees and representatives )t.uLzuant hereto, including attorney's fees whether suit be brought or not, with interest at the rate of twelve percent (12 %) per annum from the dates such costs of collection were incurred until paid. 4. If Permittee fails or refuses to fully comply with all of its obligations herein, or violates any of the provisions hereof, and such failure, refusal or violation continues for a period of thirty (30) days after notice thereof is given to Permittee, then, in that event, in addition to any other remedies then available to the City at law or in equity, the City shall have the right to: (a) Terminate this Permit upon written notice given to Permittee, in which case the Encroachment shall be removed from the Street within thirty (30) days after the giving of such notice by the City; (b) Enter upon the Property with such personnel, equipment, and materials as the City deems necessary for the purpose of performing the obligations of Permittee hereunder -2- that it has failed or refused to perform, or, at the City's discretion, for the purpose of repairing, maintaining, or removing the Encroachment, without liability or obligation of any kind to Permittee or any owner or occupant of the Property for trespass or damage to the Property, the Improvements, or other property or improvements thereon or for loss of business or business interruption, or any other cause, all of which liability and obligation is hereby waived by Permittee, and if any person makes any claim against City for loss or damage to property or business due to such entry, Permittee agrees to hold City harmless from and indemnified against any loss, cost, damage or expense, including attorneys' fees whether suit be brought or not, arising out of such claim, and to pay to City, upon demand of City, any such loss, cost, damage or expense, including attorneys' fees, suffered or incurred by City, with interest at twelve percent (12 %) per annum from the date demanded until paid. (c) Obtain enforcement of the obligations herein by court order for mandatory injunction or other appropriate relief; and (d) Withhold, deny, or revoke any building permits, certificates of occupancy, utility connection permits and any other permits and approvals, issued or granted or to be issued or granted by the City for the construction or occupancy of all or any part of the Improvements, until such failure or refusal ends and Permittee fully complies with its obligations hereunder., 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 remedies. Also, the failure to exercise, or delay in exercising, any remedv hereunder in the event of a failure or refusal by Permittee, shall not preclude City from thereafter exercising any of its remedies for the same or a subsequent failure or refusal. Permittee agrees to pay to City any and all costs and expenses incurred by City in enforcing this Permit by the use of the remedies above set out or by other remedies or means available to the 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 of twelve percent (12 %) per annum from the dates incurred by the City until paid. Permittee also agrees to pay all costs of collection of any monies,due to the City from Permittee pursuant hereto, and of such costs and expenses incurred in enforcing this Permit, with interest thereon, again including attorneys' fees -3- and whether suit be brought or not, with interest at the rate of twelve percent (12 %) per annum from the dates such costs of collection were incurred until paid. 5. All notices, reports, or demands required or permitted to be given under this Permit shall be in writing and shall be deemed to be given when personally delivered to any officer of the party to which notice is being given, or five (5) business days after it is deposited in the United States or Canada 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 Permittee: Plitt Theatres, Inc. 1303 Yonge Street Toronto, Ontario M4T2Y9 Attention: General Counsel Such addresses may be changed by any party upon notice to the other party given as'herein provided. 6. The terms and provisions hereof shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns. PLITT_TAE)ATRES, INC. By r Its gnior)Vice President By ( V !2s aV Its 'Svf-i-&t ice President CITY OF EDINA By: By: -4- PROVINCE OF ONTARIO ) ) ss. JUDICIAL DISTRICT OF YORK) The foregoing instrument was acknowledged before me this �Ly_ day of Mali , 1988, by Peter H. Mandell and David M. Allen, Senior Vice Presidents of,Plitt Theatres, Inc,., a Delaware corporation, on behalf of said cc -r ora-Elon. a ��u^ ► '' ary'Public STATE OF MINNESOTA )' k ���� s s .' COUNTY OF HENNEPIN ) ;,, . The foreg i g instrument was a knoaled ed before me this i; day of ����. 1988, by �-g, and �o Jfy7 �= ,L�c cr�i� the Mayor and Manage,-,'' ` ITY OF EDINA, a municipal corporation, on behalf of.. Edina. <, JARLENE J. SKA E f ;RY PUBLIC - MIR'NE ., f,�' ;"�,�'', , ' ` •rf ,: . COLINTY No ary,� This Instrument Drafted By: Dorsey & Whitney(JES) 2200 First Bank Place East Minneapolis, MN 55402 (612) 340 -2600 -5- r PROVINCE OF ONTARIO ) ) ss. JUDICIAL DISTRICT OF YORK) The foregoing instrument was acknowledged before me this �Ly_ day of Mali , 1988, by Peter H. Mandell and David M. Allen, Senior Vice Presidents of,Plitt Theatres, Inc,., a Delaware corporation, on behalf of said cc -r ora-Elon. a ��u^ ► '' ary'Public STATE OF MINNESOTA )' k ���� s s .' COUNTY OF HENNEPIN ) ;,, . The foreg i g instrument was a knoaled ed before me this i; day of ����. 1988, by �-g, and �o Jfy7 �= ,L�c cr�i� the Mayor and Manage,-,'' ` ITY OF EDINA, a municipal corporation, on behalf of.. Edina. <, JARLENE J. SKA E f ;RY PUBLIC - MIR'NE ., f,�' ;"�,�'', , ' ` •rf ,: . COLINTY No ary,� This Instrument Drafted By: Dorsey & Whitney(JES) 2200 First Bank Place East Minneapolis, MN 55402 (612) 340 -2600 -5- EXHIBIT A All that part of Lot 45, Auditor's Subdivision Number 172, described as follows: Commencing at the Northwest corner of Lot 47, thence South to the Southwest corner thereof; thence West 13.90 feet; thence South 1.10 feet; thence West 36.10 feet; thence South 2.40 feet; thence West to a point 7.00 feet East from the West line of Lot 45; thence North 134.75 feet; thence West 4 feet; thence North to the South line of West 50th Street; thence East 87 feet; thence South to beginning. � 0 EXHIBIT A All that part of Lot 45, Auditor's Subdivision Number 172, described as follows: Commencing at the Northwest corner of Lot 47, thence South to the Southwest corner thereof; thence West 13.90 feet; thence South 1.10 feet; thence West 36.10 feet; thence South 2.40 feet; thence West to a point 7.00 feet East from the West line of Lot 45; thence North 134.75 feet; thence West 4 feet; thence North to the South line of West 50th Street; thence East 87 feet; thence South to beginning. EXHIBIT B Description of Encroachment That part of West 50th Street described as commencing at the intersection of the northerly extension of the east line of the west 3.00 feet of Lot 45, AUDITORS SUBDIVISION NO. 172, according to the recorded plat thereof, Hennepin County, Minnesota, with a line 33.00 feet southerly of and parallel with the north line of the Northeast Quarter of the Southeast Quarter of Section 18, Township 28, Range 24, Hennepin County, Minnesota; thence easterly, parallel with said north line of the Northeast Quarter of the Southeast Quarter of Section 18, a distance of 8.58 feet to the point of beginning of the land to be described; thence easterly, deflecting to the left 0 degrees 12 minutes 21 seconds,a distance of 19.36 feet; thence northerly, deflecting to the left 90 degrees 00 minutes 00 seconds, a distance of 0.22 feet; thence easterly, deflecting to the right 90 degrees 00 minutes 00 seconds,a distance of 2.90 feet; thence southerly,deflecting to the right 90 degrees 00 minutes 00 seconds, a distance of 0.30 feet to said line distant 33.00 feet southerly of and parallel with the north line of the Northeast Quarter of the Southeast Quarter of Section 18, said point hereinafter referred to as "Point A "; thence westerly a distance of 22.26 feet to the point of beginning. And That part of said West 50th Street described as commencing at said "Point A "; thence easterly, parallel with said north line of the Northeast Quarter of the Southeast Quarter of Section 16, a distance of 25.45 feet to the point of beginning of the land to be described; thence northerly, deflecting to the left 90 degrees 17 minutes 52 seconds,a distance of 0.45 feet; thence easterly, deflecting to the right 90 degrees 00 minutes 00 seconds,a distance of 3.15 feet; thence southerly, deflecting to the right 90 degrees 00 minutes 00 seconds a distance of 0.24 feet; thence easterly, deflecting to the left 90 degrees 00 minutes 00 seconds,a distance of 27.65 feet; thence southerly, deflecting to the right 90 degrees 00 minutes 00 seconds,a distance of 0.37 feet to said line distant 33.00 feet southerly of and parallel with the north line of the Northeast Quarter of the Southeast Quarter of Section 18; thence westerly a distance of 30.80 feet to the point of beginning. 2 j f23MAY8815: 11 $10.50 FTF CF COON i Y RE CDI ROE I Ht % SL ) cc u s I Y, m %Svso T" CERTIFIEC FILED ANO OR RECGRVEO ON 1988 MAY 23 PM 3: 5,8 5412156 REC FEE COPY FEE. &?q 45WX -N 6 U 5414216 PERMIT FOR WALKWAY ENCROACHMENT THIS PERMIT, is made and given by the City of Edina, a Minnesota municipal corporation ( "City ") to Plitt Theatres, Inc., a Delaware corporation ( "Permittee ") and is effective as of the date of execution by the City as indicated below. WHEREAS, Permittee is the owner of certain real property ( "Property ") located in the City of Edina, County of Hennepin, State of Minnesota, legally described on Exhibit A, attached hereto and made a part hereof; and WHEREAS, Permittee proposes to reconstruct ( "Reconstruction ") the building currently existing on the Property ( "Building ") (the Building and Reconstruction hereinafter collectively shall be referred to as "Improvements "), which Reconstruction is to accomodate an expansion of the current use of the Building as and for a theatre or theatres for the showing of motion picture films; and WHEREAS, when completed, the Improvements will encroach onto a walkway easement created by an instrument dated June 20, 1977, recorded June 23, 1977 in the office of the County Recorder, Hennepin County, Minnesota, as Document No. 4294177 ( "Walkway Easement ") which runs to the benefit of the City and which is described on Exhibit B attached hereto and made a part hereof; and WHEREAS, the City's approval of the Reconstruction, subject to the terms and conditions of the Agreement (conditions to parking variance) ( "Parking Variance Agreement ") and the Special Assessment Agreement, both of even date herewith, between the City and Permittee is conditioned upon the execution and delivery of this Permit. NOW, THEREFORE, in consideration of the covenants and agreements herein made by Permittee, and subject to the terms and conditions herein, the City hereby authorizes and permits the Improvements to encroach upon the portion of the Walkway Easement described on Exhibit C attached hereto and made a part hereof (that portion of the Improvements which is hereby authorized to encroach upon the Walkway Easement is hereinafter referred to as "Encroachment "), subject to the following: 1. This Permit shall automatically terminate upon the earliest of (a) all of the portion of the Building which is currently utilized for theatre purposes (being the southernmost 8700 square feet, more or less, of the ground level of the Building), and all of the Reconstruction, ceasing to be used TRANSFER ENTERED DEPT. Of PROPERTY TAX & PUBLIC RECORDS 'i COUNTY MINN. Y DEPUTY K exclusively as and for a theatre or theatres for the showing of motion picture films, or for a use which, under the then applicable City ordinances, requires no more than 74 parking spaces be available to the Property; or (b) the voluntary or involuntary demolition, destruction or removal of the Improvements; (c) termination pursuant to paragraph 4 hereof; or (d) the Parking Variance Agreement and /or the Special Assessment Agreement becoming null and void. Upon termination of this Permit pursuant to (a), (c) or (d), the Encroachment shall be removed from the Walkway Easement within thirty (30) days after written notice is given to Permittee by the City. 2. Permittee shall be solely responsible for repairing the Encroachment and maintaining the same at all times in a good and safe condition, and in such manner as not to interfere with the use of the Walkway Easement and which is reasonably acceptable to the City. 3. Permittee, its successors and assigns shall indemnify and hold the City, the Housing and Redevelopment Authority of Edina, Minnesota ( "H.R.A. ") and their respective officers, officials, commissioners, agents, employees and representatives, harmless from any and all claims, demands, damages, costs and expenses, including, without limitation, reasonable attorney's fees for the defense thereof, arising out of or in connection with the Encroachment, or the construction, repair, maintenance, or removal thereof, and Permittee, its successors and assigns, agrees to pay to the City and the H.R.A., and any -,f, their respective officerF, officials, commissioners, agents, employees and representatives, upon demand, any such cost, damage or expense, including reasonable attorney's fees, suffered or incurred by the City, the H.R.A., and any of their respective officers, officials, commissioners, agents, employees or representatives, with interest at the rate of twelve percent (12 %) per annum from the date demanded until paid. Permittee also agrees to pay all costs of collection of any monies due to the City, the H.R.A. or any of their respective officers, officials, commissioners, agents, employees and representatives pursuant hereto, including attorney's fees whether suit be brought or not, with interest at the rate of twelve percent (12 %) per annum from the dates such costs of collection were incurred until paid. 4. If Permittee fails or refuses to fully comply with all of its obligations herein, or violates any of the provisions hereof, and such failure, refusal or violation continues for a period of thirty (30) days after notice thereof is given to Permittee, then, in that event, in addition to any other remedies then available to the City at law or in equity, the City shall have the right to: -2- (a) Terminate this Permit upon written notice given to Permittee, in which case the Encroachment shall be removed from the Walkway Easement within thirty (30) days after the giving of such notice by the City; (b) Enter upon the Property with such personnel, equipment, and materials as the City deems necessary for the purpose of performing the obligations of Permittee hereunder that it has failed or refused to perform, or, at the City's discretion, for the purpose of repairing, maintaining, or removing the Encroachment, without liability or obligation of any kind to Permittee or any owner or occupant of the Property for trespass or damage to the Property, the Improvements, or other property or improvements thereon or for loss of business or business interruption, or any other cause, all of which liability and obligation is hereby waived by Permittee, and if any person makes any claim against City for loss or damage to property or business due to such entry, Permittee agrees to hold City harmless from and indemnified against any loss, cost, damage or expense, including attorneys' fees whether suit be brought or not, arising out of such claim, and to pay to City, upon demand of City, any such loss, cost, damage or expense, including attorneys' fees, suffered or incurred by City, with interest at twelve percent (12 %) per annum from the date demanded until paid. (c) Obtain enforcement of the obligations herein by court order for mandatory injunction or other appropriate relief; and (d) Withhold, deny, or revoke any building permits, certificates of occupancy, utility connection permits and any other permits and approvals, issued or granted or to be issued or granted by the City for the construction or occupancy of all or any part of the Improvements, until such failure or refusal ends and Permittee fully complies with its obligations hereunder. 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 remedies. Also, the failure to exercise, or delay in exercising, any remedy hereunder in the event of a failure or refusal by Permittee, shall not preclude City from thereafter exercising any of its remedies for the same or a subsequent fail refusal. Permittee agrees t o expenses incurred by City in of the remedies above set out available to the City at law fees whether suit be brought %A W& pay to City any and all costs and enforcing this Permit by the use or by other remedies or means or in equity, including attorneys' or not, and with interest on all -3- such costs and expenses at the rate of twelve percent (12 %) per annum from the dates incurred by the City until paid. Permittee also agrees to pay all costs of collection of any monies due to the City from Permittee pursuant hereto, and of such costs and expenses incurred in enforcing this Permit, with interest thereon, again including attorneys' fees and whether suit be brought or not, with interest at the rate of twelve percent (12 %) per annum from the dates such costs of collection were incurred until paid. 5. All notices, reports, or demands required or permitted to be given under this Permit shall be in writing and shall be deemed to be given when personally delivered to any officer of the party to which notice is being given, or five (5) business days after it is deposited in the United States or Canada 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 Attn: City Manager To Permittee: Plitt Theatres, Inc. 1303 Yonge Street Toronto, Ontario M4T2Y9' Such addresses may be changed by any party upon notice to the other party given as herein provivad. 6. The terms and provisions hereof shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns. Date: Mee q 8 A000 PLITT =RES, INC. By Its nior V e President By VV\J Its Sen' ice President -4- Date: y �- � 5 gY CITY OF EDINA By L. * / Its Mayo By PROVINCE OF ONTARIO ) ss. JUDICIAL DISTRICT OF YORK) The foregoing instrument was acknowledged before me this -118- day of - hAl 1988, by Peter H. Mandell and David M. Allen, Senior Vice Presidents of P1 tt Thea res,.Inc.,,', a Delaware corporation, on behalf of said cbr aorntone NAar Public STATE OF MINNESOTA ss. CjUNTY OF HENNEPIN The for Minstrument was a:knowled ed before me this -5 day of 1988, by and the Mayor and Manager of the CITY OF EDINA, a municipal corporation, on behalf of fh- City of Edina. z 1 771"71 DARLENE J. S P NOTe',RV OLIC - MIN�A COUNTY This Instrument Drafted By: Dorsey & Whitney(JES) 2200 First Bank Place East Minneapolis, MN 55402 (612) 340-2600 -5- Notarf Public EXHIBIT A All that part of Lot 45, Auditor's Subdivision Number 172, described as follows: Commencing at the Northwest corner of Lot 47, thence South to the Southwest corner thereof; thence West 13.90 feet; thence South 1.10 feet; thence West 36.10 feet; thence South 2.40 feet; thence West to a point 7.00 feet East from the West line of Lot 45; thence North 134.75 feet; thence West 4 feet; thence North to the South line of West 50th Street; thence East 87 feet; thence South to beginning. r' EXHIBIT B That part of Lot 45, Auditor's Subdivision No. 172, Hennepin County, Minnesota, described as follows: Commencing at the northwest corner of Lot 47, said Auditor's Subdivision, thence southerly along the west line of said Lot 47 to a point 5.38 feet north from the southwest corner of said Lot 47, said point being the point of beginning of the land herein described; thence southerly to the southwest corner of said Lot 47, thence west 13.90 feet parallel with the north line of said Lot 45; thence south 1.10 feet parallel with the east line of said Lot 45; thence west 2.84 feet parallel with said north line; thence northeasterly to the point of beginning, • 'V, EXHIBIT C Description of Encroachment That part of Lot 45, Auditor's Subdivision No. 172, Hennepin County, Minnesota; described as follows: Commencing at the northwest corner of Lot 47, said Auditor's Subdivision; thence southerly along the west line of said Lot 47 to a point 5.38 feet north from the southwest corner of said Lot 47, said point being the point of beginning of the land herein described; thence southerly to the southwest corner of said Lot 47; thence west 13.90 feet parallel with the north line of said Lot 45; thence south 1.10 feet parallel with the east line of said Lot 45; thence west 2.84 feet parallel with said north line; thence northeasterly to the point of beginning which lies westerly of a line distant 0.85 feet westerly of and parallel with said west line of Lot 47 and which lies above elevation 887.48 National Geodetic Vertical Datum, 1929 Adjustment. 5414216 z 13,3 7 27MAY8810:42 C5414216 DOC $10.50 jFf iCi, '-f C�US! Y �L=470E� PIN COUNT Y. MtN% � CERNIIEC FILED •40 OR RECORDED ON 1988 MAY AM 10:45 A k".: #5414216 COPY FEE S6, , ry) C (. L r - ra r 2e �c .34S