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DECLARATION <br />THIS DECLARATION ("Declaration") is made this day of , 2020, by <br />Northstar Land Company, LLC, a Minnesota limited liability company ("Declarent") in favor of <br />the City of Elk River, a Minnesota municipal corporation ("City"). <br />RECITALS <br />WHEREAS Declarent owns real property within the City and legally described as: <br />Lots 1-6, Block 1, TROUT RIDGE RUN, Sherburne County, Minnesota <br />(the Property) and no one other than Declarent, has any right, title or interest in the Property; and <br />WHEREAS, the Declarent has requested approval from the City to subdivide the Property into <br />six (6) lots for residential development; and <br />WHEREAS, pursuant to Minnesota Statutes and the City Code of Ordinances subdivision of the <br />Property requires the installation of certain stormwater improvements ("Improvements") within the <br />drainage and utility easements to be dedicated to the City on the final plat of the Property; and <br />