Laserfiche WebLink
<br />GRANT OFPERMANENT EASEMENTS <br />THIS GRANT OF PERMANENT EASEMENTS (this “Grant of Easements”) is made on <br />this ______ day of _________________, 201, by Pipe Portfolio Owner (Multi) LP, a Delaware <br />limited partnership (“Grantor”) to the City of Elk River, a Minnesota Municipal Corporation, <br />situated in Sherburne County, Minnesota (“Grantee”). <br />RECITALS <br />Grantor is the owner in fee simple of real property located in the County of Sherburne, <br />Minnesota, which is legally described onExhibit Aattached hereto (the “Property”). Grantor <br />has requested that Grantee vacate and convey to Grantor certain existing easements and rights of <br />way onthe Property and has agreed to replace those easements andrights of way with a <br />permanent, non-exclusive easements for public utility purposes in, under and upon those portions <br />of the Property legally described onExhibit Battached hereto and depicted on Exhibit C <br />attached hereto. The easements are individually described as “Easement 1,” “Easement 2,” <br />“Easement 3,” “Easement 4,” “Easement 5,” “Easement 6,” “Easement 7,” and “Easement 8,” <br />and are collectively referred to herein as the “Easements.” <br />NOW, THEREFORE, <br />in consideration of the sum of One Dollar ($1.00) and other good <br />and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by <br />Grantor: <br />1.Vacations – Grantee has approved the vacation of the easements legally described on <br />Exhibit D attached hereto contingent upon Grantor providing this Grant of Easements. <br />2.Quit Claim Deed – Grantee shall deliver to Grantor a quit claim deed and resolution <br />approving the conveyance by Grantee to Grantor of the real property legally described on <br />Exhibit E attached hereto in a timely manner. <br />3.Grant of Easements – Subject to Grantee’s fulfillment of its obligations set forth in <br />Paragraph 1 and Paragraph 2above, Grantor hereby grants to Grantee, its successors and <br />assigns, permanent, non-exclusive easements permitting Grantee the right to install, <br />operate, maintain, repair, remove and replace certain water, sewer and electric lines, and <br />related facilities (the “Utility Facilities”) under, on or above the surface of those portions <br />of the Property (each an “Easement Area,” and together, the “Easement Areas”) legally <br />191673v14 <br /> <br />