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3.9. SR 03-17-2008
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3.9. SR 03-17-2008
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3/14/2008 1:07:42 PM
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3/14/2008 1:07:42 PM
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SR
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3/17/2008
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ROAD USE AND MAINTENANCE AGREEMENT <br />This Road Use and Maintenance Agreement (the "Agreement") is made this <br />day of March, 2008 by and between Aggregate Industries -North Central <br />Region, Inc., a Minnesota corporation (hereinafter referred to as "Aggregate'), Gemstone <br />Products Company, Inc., a Minnesota corporation (hereinafter referred to as "Gemstone") <br />and the City of Elk River, a municipality (hereafter referred to as "City"), collectively <br />referred to as the Parties. <br />RECITA>Js <br />WHEREAS, the subject of this Agreement is that certain east -west section of <br />roadway situated in the City of Elk River, Sherburne County, Minnesota, known as 213x' <br />Avenue as depicted on the attached Exhibit A (the "Roadway"); and <br />WHEREAS, the Roadway has been turned over by Sherburne County to the City, <br />and <br />WHEREAS, Aggregate is the owner of real property located in the City, situated <br />adjacent to the Roadway, as depicted on the attached Exhibit A; and <br />WHEREAS, Gemstone is the owner of real property located in the City, situated <br />adjacent to the Roadway as depicted on the attached Exhibit A; and <br />WHEREAS, Aggregate and Gemstone desire to use the Roadway for ingress and <br />egress purposes by over weight tucks during the spring road postings; and <br />WHEREAS, City agrees to allow Aggregate and Gemstone to use the Roadway <br />for ingress and egress purposes for over weight trucks during the spring road postings, <br />provided Aggregate and Gemstone agree to certain terms. <br />NOW THEREFORE, for good and valuable consideration, the Parties agree to <br />the following conditions: <br />Use of Roadwav. Aggregate and Gemstone may use the Roadway for <br />ingress and egress purposes only. <br />2. Term of Agreement. The term of this Agreement shall be for one year, <br />commencing on January 1, 2008 through December 31, 2008. This <br />Agreement shall automatically renew on January ls` each subsequent year, <br />unless one of the parties has given written notice to the other parties on or <br />before the preceding December 15~ of its intent not to renew the <br />Agreement, in which case the Agreement shall automatically terminate at <br />the end of the then current one-year term. <br />
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