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HomeMy WebLinkAbout261501/28/2005 13:16•FAX 6123402644 DORSEY & WHITNEY LLP �`- 5412156 rY �• PERMIT FOR STREET ENCROACHMENT IS PERMIT, is made and given by the City of Edina, a Minnesota Municipal corporation (•City ") to Plitt Theatres, Inc., a Delaware corporation ( "penitteeo) and is effective as Of the date of execution by the City as indicated below. EAS, 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 5 TMRF.AS, 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 aceomodate 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 w I y for fast 50th Street ( "Street'); and WHMZ'r.S, 'the City's approval of the Reconstruction, subject to the terms and conditiona,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. parr ThMUr-FORE, in consideration of the covenants and agreements Lerein 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 port on:of the Improvements which is hereby authorized to encroach upon tha Street is hereinafter referred to as 'Encroac rat"), subject to the following: I. 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, Blare or lass, of the ground level of the Building), and all of the Reco:istruction, ceasing.to be used ftzclusively 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 vai.lable to the Property; or (b) the voluntary or involuntar 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 Q 002 I)O-rt - ' r ���►.�, 'mil 4L 4-,-- 01/28/2005 13:16 FAX 6123402644 DORSEY & WHITNEY LLP rYi of this Permit pursuant to (a), (c) or (d), the Encroachment Shall be removed from the street Within thirty (30) days after written no Ice is given to Permittee by the City. 2. Permittee shall be solely responsible for repairing he 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. I 30 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 fficers, officials, commissioners, agents, employees 0: 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 B.R.A. or any of their respective officers, officials, commissioners, agents, employees a d 'reprlesertatAies jeu&,audnr 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. g. if Permittee fails or refuses to fully comply with all of its obligations herein, or violates any of the provision:04elemitte6, 4eroof, and such failure, refusal or violation continues for a period of thirty (30) days after notice thereof is given 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 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- 0 003 01/28/2005 13:16 FAX 6123402644 DORSEY &WHITNEY LLP 11004 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 tresp6ss 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 pers n makes any claim against City for loss or damage to property or business due to such entry, Permittee agrees to hold Cit 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 demanit 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 or er For mandatory injunction or other appropriate relief; nd (d) withhold, deny, or revoke any building permits, certificates of occupancy, utility connection permits and any other permits and dpp =ovals, issued or granted or to be issued or granted by the City for the construction or occupancy of all or any part of t ;he Improvements, until such failure or refusal ends and Permittee fully complies with its obligations hs ,rounder 411 of the foregoing remedies shall be usable and enforceable by tine City separately or concurrently as the City shall detOrmine, and the use of one remedy shall not waive or preclude the use of any one or mote of the other remedies. Also, the failure to exercise, or delay in exercising, any remedy helreunder 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.$neurred by City in enforcing this Permit by the use of the remedies above set out or by other remedies or means availableto the.City at laic or in equity, including attorneys' fees whether suit be brought or not, and with interest on all such costa and expenses at the rate of twelve percent (12 %) per annum from the dates incurred by the City until pair]. Permittee also agrees to pay all costs of collecl-ion 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 - 01/28/2005 13:16 FAX 6123402644 DORSEY & WHITNEY LLP 2005 L I 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 n a sealed envelope, with registered or Certified mail posta prepaid thereon, addressed to the parties at the following addresses: To City: 4901 West 50th Street Edina, Minnesota 55424 Attention: City Manager Tq Permittee: Plitt Theatres, Inc. 1303 Yonge Street Toronto,,Onterio M4T2Y9 Attention: General Counsel Such addreslses 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 injure to the benefit of the parties hereto and their respective Ouccessors and assigns. PLITT ,TR£S, INC. Its nior ice President Its Sice President CITY OF EAINA SY�i P Its Mayo By: r t9 Mang i 01/28/2005 13:16 FAX 6123402644 F,. 1 DORSEY & WHITNEY LLP PROVINCE OF PSTAILIO ) S.M. JUDICIAL DI51TRICT OF YORK) The foregoing instrument was acknowledged before me this .9^-1W day of Al , 1988, by Peter Be Mandell and •�• David M. Allen, senior vice Presidents of litt Theatres, In a Delaware corporation, on behalf of said' c o on. ' IS tary'Publict STATE OF MI NEBOTA COUNTY OF NINEPIN ) err The fore instrument was a knomledged before me this 157f- day of , 1388, by ' ' and the Mayor and Managex OF EDINA, a municipal corporation, on behalf of -g, A • Edina. ., 'JAP.I�NE J. SKA E fG.G.'...Jr -E. -� '/ '..: • .'= 1'Cti'il.7`' hM1,UC - KjM i ' t - COUNTY , • . ra; This Instruipent Drafted By: Dorsey & whi.tney('JES) 2200 First D &nk Place East Minneapo'lisx 'MN 55402 (612) 340 -2000 -5- ry 11 006 � � 7 F 01/28/2005 13:16 FAX 6123402644 DORSEY & WHITNEY LLP EXHIBIT A All that pars: of Lot 45, Auditor's Subdivision Number 1721 ' described as follows: Gomencing at the Northwest corner of Lot 47, thence So th t10 the Southwest corner thereof; thence West f t• th Ce West 36 10 121007 13.90 feet; thence South 1.10 ee , en fe t; thence South 7.40 feet; thence West to a point 7, o feet East from the West line of Lot 45; thence Voith 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 hest 50th Street described as commencing at the intersection of the northerly lIextension of the east line of the west 3.00 feet of Lot 45, AUDITORS SUBDI,,VISION 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, �ange 24, Hennepin County, Minnesota; thence easterly, parallel with said north line of the Northeast Quarter of the Southeast Quarter 0 Section 18, a' distance of 8.58 feet to the point of beginning of the land to be described; thence easterly, deflecting to tre 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 -fast; 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 16 paid 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 lard to be described; thence northerly, deflecting to the left 90 degr es 17 winutes 52 seconds,a distance of D.45 feet; thefte easterly, deflecting t0 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 q.24 feet; thence easterly, deflecting to the left 90 degrees 00 minutes 0 seconds,a distance of 27.66 feet; thence southerly, deflecting to the right 90 decrees 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. 01/28/4005 13:17 FAX 61234P2644 DORSEY & WHITNEY LLP IM008 -I(" 54=56 2:31jfff%15-54 B541215G Lul $10.50 'r;: rlLEB A90 M Ricc-KEP ON 1-988 MAY 23 PF 3: 58 541-21-56 RIC FEE COPY FEE &,-% -sob, A4 8