4.9. SR 04-16-2018
Request for Action
To Item Number
Mayor and City Council 4.9
Agenda Section Meeting Date Prepared by
ConsentApril 16, 2018Zack Carlton, Planning Manager
Item Description Reviewed by
Easement Agreements: Pipe Portfolio Cal Portner, City Administrator
Reviewed by
Action Requested
1.Approve, by motion, the Grant of Permanent Easements Agreement, granting the city eight separate utility
easements for water and sewer lines on the Pipe Portfolio property.
2.Approve, by motion, the Utility and Ingress and Access Easement Agreement connecting Quinn Avenue
and the city water tower property providing the city permanent, legal access to the water tower.
3.Approve, by motion, the License Agreement granting Forterra (Pipe Portfolio) permission to store
materials and park on portions of the city-owned water tower property.
4.Approve, by motion, the Quit Claim Deed to Pipe Portfolio, which conveys any residual interest in
the previously vacated rights of way to Pipe Portfolio.
5.Approve, by motion, the Quit Claim Deed to Pipe Portfolio conveying part of Lot 8, Auditor’s
Subdivision No 3.
Background/Discussion
On March 19, 2018, the City Council approved a version of the attached documents. As City Attorney
Beck noted during the meeting, the legal descriptions have changed since that approval and staff is
requesting approval of the documents with updated legal descriptions. No other changes have been
made.
Financial Impact
None
Attachments
Grant of Permanent Easements
Utility and Ingress and Access Easements
License Agreement
Quitclaim Deed for part of lot 8 (City to Pipe Portfolio)
Quitclaim Deed for vacated streets (City to Pipe Portfolio
Quitclaim Deed (Pipe Portfolio to City)
The Elk River Vision
A welcoming community with revolutionary and spirited resourcefulness, exceptional
service, and community engagement that encourages and inspires prosperity
GRANT OFPERMANENT EASEMENTS
THIS GRANT OF PERMANENT EASEMENTS (this “Grant of Easements”) is made on
this ______ day of _________________, 201, by Pipe Portfolio Owner (Multi) LP, a Delaware
limited partnership (“Grantor”) to the City of Elk River, a Minnesota Municipal Corporation,
situated in Sherburne County, Minnesota (“Grantee”).
RECITALS
Grantor is the owner in fee simple of real property located in the County of Sherburne,
Minnesota, which is legally described onExhibit Aattached hereto (the “Property”). Grantor
has requested that Grantee vacate and convey to Grantor certain existing easements and rights of
way onthe Property and has agreed to replace those easements andrights of way with a
permanent, non-exclusive easements for public utility purposes in, under and upon those portions
of the Property legally described onExhibit Battached hereto and depicted on Exhibit C
attached hereto. The easements are individually described as “Easement 1,” “Easement 2,”
“Easement 3,” “Easement 4,” “Easement 5,” “Easement 6,” “Easement 7,” and “Easement 8,”
and are collectively referred to herein as the “Easements.”
NOW, THEREFORE,
in consideration of the sum of One Dollar ($1.00) and other good
and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by
Grantor:
1.Vacations – Grantee has approved the vacation of the easements legally described on
Exhibit D attached hereto contingent upon Grantor providing this Grant of Easements.
2.Quit Claim Deed – Grantee shall deliver to Grantor a quit claim deed and resolution
approving the conveyance by Grantee to Grantor of the real property legally described on
Exhibit E attached hereto in a timely manner.
3.Grant of Easements – Subject to Grantee’s fulfillment of its obligations set forth in
Paragraph 1 and Paragraph 2above, Grantor hereby grants to Grantee, its successors and
assigns, permanent, non-exclusive easements permitting Grantee the right to install,
operate, maintain, repair, remove and replace certain water, sewer and electric lines, and
related facilities (the “Utility Facilities”) under, on or above the surface of those portions
of the Property (each an “Easement Area,” and together, the “Easement Areas”) legally
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described on Exhibit B attached hereto, together with the right of reasonable and
necessary ingress and egress to and from the Easement Areas in connection with the
exercise of the rights granted herein. The Easements shall permanently run with the title
to the Property and shall inure to the benefit of and be binding upon the parties hereto and
their respective heirs, successors, and assigns, including, but without limitation, to all
subsequent owners of the Property and the Easement Areas and all persons claiming
under them. Notwithstanding the foregoing, Grantor and Grantee acknowledge that the
rights granted hereunder are subject to all matters of record, including, but not limited to,
as related to Easements 1, 5 and 6, Grantor’s rights and privileges associated with the
railroad spur tracks. None of the Easements granted hereunder shall disrupt Grantor’s
(and its successors and assigns) use of or interfere with Grantor’s (and its successors and
assigns) rights in the spur tracks, and Grantee has no right to install new Utility Facilities
(or other structures) in any way that would disrupt Grantor’s (and its successors and
assigns) use of or interfere with Grantor’s (and its successors and assigns) rights in the
spur tracks, except to the extent authorized by Grantor (and its successors and assigns).
Grantee agrees that it will not install overhead electrical utility facilities within
Easements 1, 2, 3, 7, or 8, except upon request by Grantee and agreement by Grantor.
4.Use of Easement Areas by Grantor – Grantor hereby agrees that Grantor will not perform
or allow or cause the construction of any structures or other improvements on the
Easement Areas, including fencing or landscaping, which could damage or obstruct the
Utility Facilitiesor interfere with Grantee’s access to or Grantee’s right to construct,
maintain, and repair the Utility Facilities. Grantor hereby reserves and retains all other
property rights in and to the Easement Areas, including without limitation, the right to
use the Easement Areas for any purpose whatsoever, including, but not limited to, the
right to use, maintain and/or operate any Encroachments (hereinafter defined), so long as
such use does not interfere with Grantee’s rights hereunder. Grantor agrees that
Grantee’s approval will be required before the installation of any new improvements in
the Easement Areas, including the installation of fences, trees or other landscaping;
provided, however, Grantee agrees to grant such approval so long as the proposed
improvement will, in Grantee’s judgment, not interfere with Grantee’s rights hereunder.
If any of the Easements granted hereunder should interfere with Grantor’s, or Grantor’s
tenant’s operations on, or use or redevelopment of Grantor’s property outside of the
applicable Easement Area, the Grantee agrees upon the request of Grantor to relocate the
Easement Areas and Utility Facilities at the expense of Grantor, with the vacated portion
of the applicable Easement being released and conveyed back to Grantor and the site of
the relocated easement area being conveyed and included in this Grant of Easements as
though it had been included ab initio.
5.Conduct of Work and Notification – Any installation, maintenance, replacement, repair
and/or removal of the Utility Facilities performed by Grantee, its agents and employees,
shall be performed at Grantee’s sole cost and expense after thirty (30) days’ notice to
Grantor, except that Grantor may waive this notice period and, in an emergency, the work
may be initiated by Grantee after reasonable notice.
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6.Prohibition Against Liens – Grantee shall not permit any mechanics’, materialmen’s or
other liens to be filed against the Property or any part thereof for work or materials
furnished Grantee in connection with the Easements.
7.Easement 1 Requirements
A.Grantor placed improvements within or immediately adjacent to the
original sanitary sewer line easement, which is being replaced by
Easement 1. Grantee agrees to vacate the original sanitary sewer
easement, as provided in paragraph 6 of Exhibit D, and provide a new
easement for the Utility Facilities as provided in Easement 1, which will
place the existing Utility Facilities near the west boundary of the
Easement Area of Easement 1, rather than near the center of such
Easement Area, as set forth on Exhibit B.
B.Grantor agrees that Grantor is fully responsible and liable for any and all
damage caused to Grantor’s improvements located within 10 feet of the
westerly boundary of Easement 1 and agrees to release Grantee from any
and all responsibility and waives any rights against Grantee arising out of
the use, maintenance, repair or replacement of the utility located within
Easement 1, except for any damages caused by any negligence on the part
of Grantee, its agents, contractors, licensees or invitees. Notwithstanding
the foregoing, Grantee shall notify Grantor prior to the commencement of
any work being done within Easement 1 and shall endeavor in good faith
to coordinate such work with Grantor in order to attempt to avoid damage
to Grantor’s improvements.
8.Indemnification.
A.Grantee agrees to indemnify and to hold harmless Grantor and its agents,
contractors, licensees or invitees from and against any and all claims, of every
person, including without limitation, employees, agents, contractors, invitees, and
permittees of Grantee, resulting from, arising out of, or in any way connected with
Grantee’s access to such Easement Areas or the exercise of the privileges and
rights of Grantee under this Grant of Easements except for any negligence on the
part of Grantor, its agents, contractors, licensees or invitees and except as
otherwise provided under this Grant of Easements. Furthermore, all fixtures,
equipment, and property of every kind and description of persons claiming by or
through Grantee which may be on the Easement Areas shall be at the sole risk and
hazard of Grantee and no part or loss or damage thereto from whatever cause is to be
charged or borne by Grantor, unless caused by the intentional misconduct or
negligence of Grantor, its employees, agents or contractors.
B.Grantor agrees to indemnify and to hold harmless Grantee, its officers,
employees and agents from and against any and all claims of every person,
including without limitation, employees, agents, contractors, invitees, and
permittees of Grantor, resulting from, arising out of, or in any way connected with
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Grantor’s use of the Easement Areas authorized under Paragraph 4of this Grant
of Easements, except for any negligence on the part of Grantee, its agents,
contractors, licensees or invitees and except as otherwise provided under this
Grant of Easements.
9.Encroachments.
A.Grantee hereby approves the existing encroachments in the Easement
Areas caused by Grantor’s building/structures as depicted on Exhibit F
and Exhibit G(each, an “Encroachment” and collectively, the
“Encroachments”). All Encroachments on the Easement Area shall be at the
sole risk of Grantor and no part or loss or damage thereto from whatever
cause is to be charged or borne by Grantee, unless caused by the intentional
misconduct or gross negligence of Grantee, its employees, agents or
contractors.Grantee will exercise due care and diligence to avoid injury or
damage toEncroachments in Easement Areas.
B.Grantee may terminate the authorization of any or all of the
Encroachments granted hereunder if at any time it is necessary for Grantee
to occupy or access the Utility Facilities or Easement Areas and the
applicable Encroachment is inconsistent with Grantee’s use of the
Easement Areas, unless Grantor provides an alternateEasement Area
within 90 days of notice by Grantee in which to relocate the applicable
Utility Facility. In conjunction with the foregoing, the parties shall work
in good faith to amend this Grant of Easements as necessary. All costs,
including but not limited to the cost of any survey work, relocation of the
applicable Utility Facility, and processing and recording any easement
amendments and vacations, shall be at Grantor’s sole cost and expense.
C.Grantee acknowledges that, as of the date hereof, none of Grantor’s
buildings, structures, or other improvements encroach onto Easement 1. If
at any time, however, any of Grantor’s buildings, structures, or other
improvements encroach onto Easement 1, such encroachmentshall be
deemed an Encroachment, and shall be subject to this Paragraph 9.
10.Assignability. This Grant of Easements may not be assigned or transferred to any third
party by Grantee without the prior written approval of Grantor and shall automatically
terminate if any effort is made to assign or transfer it without written approval.
11.Warranty of Title – Grantor represents and warrants to Grantee that Grantor is the only
owner of fee simple title to the Property and that, to Grantor’s knowledge, there are no
(i)owners or mortgages, contracts for deed, leases, rental agreements, occupancy
agreements, or (ii)any other encumbrances or verbal or written agreement of any nature
whatsoever affecting title to the Property except matters of record.
12.Severability. The invalidity of any portion of this Grant of Easements will not and shall
not be deemed to affect the validity of any other provisions. In the event that any
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provision of this Grant of Easements is held to be invalid, the parties agree that the
remainingprovisions shall be deemed to be in full force and effect as if they had been
executed by both parties subsequent to the expungement of the invalid provision.
13.Entire Agreement. This Grant of Easements constitutes the entire agreement between the
parties and any prior understanding or representation of any kind preceding the date of
this Grant of Easements shall not be binding on any party except to the extent
incorporated by this Grant of Easements.
14.Amendments. Any modification of this Grant of Easementsor additional obligation
assumed by either party in connection with this Grant of Easements shall be binding only
if evidenced in writing signed by each party or an authorized representative of each party.
15.Governing Law. It is agreed that this Grant of Easements shall be governed by,
construed, and enforced in accordance with the laws of the State of Minnesota.
16.Permanent. The terms and provisions of this instrument shall run with the land, and shall
extend to and be binding is upon Grantor, Grantor’s heirs, legal representatives,
successors, and assigns.
\[signature page follows\]
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IN WITNESS WHEREOF,
the parties hereto have executed this Grant of Easements on
the above date.
GRANTOR:PIPE PORTFOLIO OWNER (MULTI) LP,
a Delaware limited partnership
By:PIPE PORTFOLIO GP LLC,
a Delaware limited liability company,
its general partner
By:WPC HOLDCO LLC,
a Maryland limited liability company,
its sole member
By: W. P. CAREY INC.,
a Maryland corporation,
its sole member
By:
Name:
Title:
STATE OF_______________ )
)ss.
COUNTY OF_____________ )
The foregoing instrument was acknowledged before me this day of ,
201, by ________________________, the __________________ of W. P. CAREY INC., a
Maryland corporation, as sole member of WPC HOLDCOLLC, a Maryland limited liability
company, as sole member of PIPE PORTFOLIO GP LLC, a Delaware limited liability company,
as general partner of PIPE PORTFOLIO OWNER (MULTI) LP, a Delaware limited partnership.
Notary Public
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GRANTEE:CITY OF ELK RIVER
By:
John J. Dietz
Its: Mayor
By:
Tina Allard
Its: City Clerk
STATE OF MINNESOTA)
) ss.
COUNTY OF SHERBURNE)
The foregoing instrument was acknowledged before me this _____ day
of_______________, 201, by the Mayor, and of the
John J. Dietz, Tina Allard, the City Clerk
Cityof, a Minnesota Municipal Corporation, on behalf of the corporation.
Elk River
Notary Public
Drafted by:
City of Elk River
13065 Orono Parkway
Elk River, MN 55330
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EXHIBITA
LEGAL DESCRIPTION OF PROPERTY
FileNo.: 01040-17971a
AllthatpartofLotFourteen(14)ofAuditor'sSubdivisionNo.3,(saidLot14beingapartofthe
Northeast QuarteroftheNorthwestQuarter(NE1/4ofNW1/4)ofSectionThirty-three(33),
TownshipThirty-three (33),RangeTwenty-six(26)),andallofthatpartoftheSoutheast
QuarteroftheSouthwestQuarter(SE 1/4ofSW1/4)ofSectionTwenty-eight(28),Township
Thirty-three(33),RangeTwenty-six(26),Southof theRailroadright-of-way,thatlieswestof
thefollowingdescribedline:Beginningatapointonthenorth lineoftheright-of-wayofthe
MeadowValeroadwhichis230feetnorthwesterlyoftheintersectionofsaid northright-of-way
linewiththewestlineofLot13ofAuditor'sSubdivisionNo.3;thencenortheast70 degrees
anglerightfor120feettoanironstake,thenceatangleright76degreesand30minutestoa
secondironstakeadistanceof60feet;thencenorth parallelwith theeastlineofsaidLot14of
Auditor's SubdivisionNo.3,adistanceof783feettotheSouthlineofright-of-wayofthe
NorthernPacificRailway, andthereterminating.Allofsaidlandslying andbeinginthe
CountyofSherburneandStateof Minnesota;
EXCEPTthatpartoftheWest276.20feetofLot14,Auditor'sSubdivisionNo.3CityofElk
River, SherburneCounty,MinnesotalyingnortherlyofMeadowvaleRoad,formerlyknownas
SherburneCounty RoadNo.44.
ThatpartofLot14,Auditor'sSubdivisionNo.3,VillageofElkRiver,SherburneCounty,
Minnesota,lying NortherlyoftheMeadowvaleRoad,lying WesterlyandSoutherlyofLine 1as
hereinafterdescribed;and lyingSoutherlyandEasterlyofLine2ashereinafterdescribed.
Line1isdescribedasfollows:BeginningattheNortheastcornerofLot13ofsaidAuditor's
Subdivision No.3;thenceWestalongtheNorthlineofsaidLot13adistanceof100feettothe
pointofbeginningof saidLine;thenceNorthatrightanglesadistanceof60feet;thenceWest
parallelwith theNorthlineof saidLot13adistanceof84.5feet,moreorless,totheWesterly
lineofsaidLot13,extendedNortherly; thenceNorthalongsaidextendedlineadistanceof90
feet;thenceWestparallelwiththeaforesaidNorth lineofsaidLot13toanintersectionwith
Line2ashereinafterdescribed.
Line2isdescribedasfollows:BeginningattheintersectionoftheWestlineofLot13,Auditor's
SubdivisionNo.3,VillageofElkRiver,andtheNorthright-of-waylineofMeadowvaleRoad;
thence NorthwesterlyalongsaidNorthlineofMeadowvaleRoad230feettothepointof
beginningofthelineto bedescribed;thenceNortheast70degreesangleright for120feettoan
ironstake; thenceright76 degreesand30minutestoasecondironstakeadistanceof60feet;
thenceNorthparallelwiththeEast lineofsaidLot14,Auditor'sSubdivisionNo.3,toan
intersectionwithLine1abovedescribed.
AND
ThatpartofLot14,AUDITOR'SSUBDIVISIONNO.3,andthatpartoftheSoutheastQuarter
ofthe SouthwestQuarter(SE1/4ofSW1/4)ofSection28,Township33,Range26,described
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asfollows: BeginningattheNortheastcornerofLot13ofsaidAUDITOR'SSUBDIVISION
NO.3;thenceWestalong theNorthlineofsaidLot13adistanceof100feet;thenceNorthat
rightanglesadistanceof60feet; thenceWestparallelwiththeNorthlineofsaidLot13a
distanceof84.5feet,moreorless,tothe WesterlylineofsaidLot13extendedNortherly;
thenceNorthalongsaidextendedlineadistanceof90 feet;thenceWestparallelwiththe
aforesaidNorthlineofLot13toanintersectionwiththefollowing describedline:Commencing
attheintersectionoftheWestlineofLot13ofAUDITOR'SSUBDIVISION NO.3withthe
Northlineoftheright-of-wayoftheMeadowvaleRoad;thenceNorthwesterlyalongsaid North
line230feet;thenceNortheast70degreesanglerightfor120feet;thenceangleright76degrees
30minutes60secondstothepointofbeginningofthelinetobeintersected;thenceNorth
parallelwith theEastlineofsaidLot14totheaforesaidpointofintersection;thenceNorth
alongsaidlineparallelwith theEastlineofsaidLot14toanintersectionwiththeSouthright-
of-wayoftherailroad;thence Southeasterlyalongsaidright-of-waylinetotheNWcornerof
Lot11ofsaidAUDITOR'SSUBDIVISION NO.3;thenceSouthalongthelinebetweenLots14
and11ofsaidAUDITOR'SSUBDIVISIONNO.3to thepointofbeginning.
LotThirteen(13),Auditor'sSubdivisionNo.3,intheVillageofElkRiver,SherburneCounty,
Minnesota.
ThatpartofLot11,AUDITOR'SSUBDIVISIONNO.3,VillageofElkRiver,Sherburne
County, Minnesota,lyingNortheasterlyoftheMeadowvaleRoad,exceptbeginningatapoint
ontheNortheasterly right-of-waylineofsaidroad,232.95feetmeasuredatrightanglesEastof
theWestlineofsaidLot11; thenceNorthparalleltosaidWestline153feet;thenceEasterlyat
rightanglestotheEasterlylineofsaid Lot11;thenceSoutherlyalongsaidEasterlylinetothe
aforesaidright-of-wayline;thenceNorthwesterly alongsaidright-of-waylinetothepointof
beginning,reserving,however,aneasementforpurposesofa sewermainandwatermainover
andacrossastripofland15feetinwidthcommencingatthe intersectionoftheNorthlineofthe
MeadowvaleRoad,so-called,withalineparallelwithand232.95feet distantEastoftheWest
lineofsaidLot11;thenceNorth andparalleltosaidWestline153feet;thence Eastat
right
anglestotheEastlineofsaidLot11;thenceNorth totheNortheastcornerofsaidLot11; thence
NorthwesterlyalongtheSouth lineoftherailroadright-of-waytotheNorthwestcornerofsaid
Lot11andthereterminating.
AND
ApartofLot11,Auditor'sSubdivisionNo.3,VillageofElkRiver,SherburneCounty,
Minnesota,lying adjacenttotheso-calledMeadowvaleRoaddescribedasfollows:
CommencingatapointontheSouth lineofsaidLot11thatis232.95feetdistantfromtheWest
lineofLot11measuredatrightanglestosaid WestlineofLot11ofitsextension;thence
NortherlyparalleltoWestlineofLot11adistanceof176.65 feettopointofbeginning;thence
continueonsaidNortherlycourseadistanceof153feet;thenceatright angles90degrees
directionofEasterlyadistanceof120feet;thenceatrightangles90degreesSoutha distanceof
234.85feettotheNortherlylineofsaidMeadowvaleRoad;thenceNorthwesterlyalongsaid
right-of-waylineadistanceof145.17feet,moreorless,topointofbeginning.
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AND
TheSouth Sixty(60)feetofthatpartofLotEleven(11),Auditor'sSubdivisionNo.3,City of
ElkRiver, SherburneCounty,Minnesota,describedasfollows:
CommencingattheSouthwest(SW)cornerofsaidLotEleven(11),thenceEastalongtheSouth
lineof saidLotEleven(11)adistanceof100feet;thenceatrightanglesNorthandparallelwith
theWestlineof saidLotEleven(11)totheSouthlineoftheCountyRoad knownasthe
MeadowvaleRoadaslocatedand establishedacrosssaidLotEleven(11)onJuly1,1972;
thenceNorthwesterlyalongtheSouthlineofsaid roadtotheWestlineofsaidLotEleven(11);
thenceSouthontheWestlineofsaidLotEleven(11)tothe pointofbeginning.
AND
That part of Lot Eleven (11), Auditor's Subdivision No. 3, Sherburne County, Minnesota,
described as follows:
Commencing at the Southwest corner of said Lot 11; thence East along the South line of said
Lot 11 a distance of 100 feet; thence at right angles North and parallel to the West line of said
Lot 11 to the South line of the County Road known as the Meadowvale Road as presently
located and traveled across said Lot 11; thence Northwesterly along the south line of the said
County Road to the West line of Lot 11; thence South on the West line of Lot 11 to the point of
beginning, except for the South 60 feet thereof.
AND
ThatpartofLotEleven(11)ofAuditor'sSubdivisionNo.3,SherburneCounty,Minnesota,
describedas follows:
Commencingatapoint150feetEastandSixty(60)feetNorthoftheSouthwestcornerofsaid
LotEleven (11);thenceNorthandparalleltotheWestlineofsaidLotEleven(11)totheSouth
lineofthe MeadowvaleRoad,so-called;thenceNorthwesterlyonandalongtheSouthlineof
MeadowvaleRoadto theintersectionthereofwithalinerunningparallelwithand100feet
distantEastoftheWestlineofsaid LotEleven(11);thenceSouthandparallelwithsaidWest
linetoapointSixty(60)feetdistantNorthfrom theSouthlinethereof;thenceEasterlyFifty
(50)feet,moreorless,tothepointofbeginning.
AND
Lot12ofAuditor'sSubdivisionNo.3andthatpartofLot15ofAuditor'sSubdivisionNo.3that
liesEastof theCountyroadrunningNorthandSouththroughsaidLot15,beingapartofthe
NortheastQuarterof NorthwestQuarterofSection33,Township33,Range26,Sherburne
County,Minnesota;
AND
ThatpartofLot23,Auditor'sSubdivisionNo.3,VillageofElkRiver,SherburneCounty,
Minnesota, describedasfollows:
BeginningatapointontheEastlineofsaidLot23,480feetSouthoftheNortheastcorner
thereof; thenceNorthalongtheEastlineofsaidLot23,480feettotheNortheastcornerthereof;
thenceWest alongtheNorthlineofsaidLot23totheNorthwestcornerthereof;thenceSouth
ontheWestline488 feet,moreorless,totheintersectionwiththeNortherlyrightofwayline
ofU.S. Highway10;thence SoutheasterlyalongthenortherlyrightofwaylineofU.S.Highway
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10totheEastlineofsaidLot23; thenceNorthontheEastlineofsaidLot23tothepointof
beginning.
AND
ThatpartofLotEight(8),Auditor'sSubdivisionNo.3,intheVillageofElkRiver,Sherburne
County, Minnesota,lyingNortherlyofaline360feetdistantNorthoftheironpipeatthe
Southwestcornerofsaid LotEight(8);thenceEasterlyandparallelwiththeSouthlineofsaid
LotEight (8)totheGreatNorthern Railroadright-of-wayandthereterminating
EXCEPTthatpartofLotEight(8)Auditor'sSubdivisionNo.3lyingNortherlyofaline
commencingata pointontheWestlineofsaidLotEight(8),360feetdistantNorthoftheiron
pipeattheSouthwestcorner ofsaidLotEight(8);thenceEasterlyandparallelwith theSouth
lineofsaidLotEight(8)totheGreat NorthernRailroadright-of-wayandthereterminating;and
Westofalinerunningparallelwithanddistant 240feetdistantEastoftheWestlineofsaidLot
Eight(8).
AND
ThatpartofLotEight(8),Auditor'sSubdivisionNo.3,intheVillageofElkRiver,Sherburne
County, Minnesota,lying southerlyandwesterlyofthefollowingdescribedline:Commencing
atapointontheWestlineofsaidLot Eight(8),300feetnorthofthesouthwestcornerrunning
thenceeasterlyandparallelwiththeSouthline ofsaidLot8toapoint60feetdistancefromthe
southwesterlylineoftherightofwayoftheBurlington NorthernRailroad;thenceSoutheasterly
andparallelwithsaidsouthwesterlyrightofwaylinetothe northerlyextensionoftheWestline
ofQuinnAvenuethenceSouth alongtheWesterlylineofQuinn AvenuetotheSouthlineof
saidLot8;andalsoallofLot8LyingEastofQuinnAvenue.
EXCEPTBeginningatthenorthwest(NW)cornerofthesouthwest(SW)1/4ofthenortheast
(NE)1/4of section33,twp.33,range26andrunningthenceeastalongtheeastandwest1/16
sectionlineofthe northeast1/4ofsection33,twp.33,range26,adistanceof914.8feet,thence
northadistanceof33feet, thencewestandparalleltoabovesaid1/16sectionlineadistanceof
914.8 feet,thencesouthadistance of33feettothepointofbeginning;beingapartofLot8,
Auditor’sSubdivisionNo.3,totheVillageofElk River,Minnesota.
ALSOEXCEPTThatpartofLotEight(8)ofAuditor'sSubdivisionNo.3,accordingtotheduly
recorded platthereof,lyingEasterlyoftheNortherlyextensionoftheEastlineofQuinn
Avenue,aspresently locatedandestablishedintheCityofElkRiver.
Lots8,9,10,11and12,PlatofAuditor’sSubdivisionofLot6ofAuditor'sSubdivisionNo3
ElkRiver.
AND
AllthatportionoftheBurlingtonNorthernRailroadCompany's(formerlytheGreatNorthern
Railway Company)35.0footwideSpurTractrightofway,being10.0feetwideontheEasterly
sideand25.0feet wideontheWesterlysideofsaidRailroadCompany'sSpurTrackcenterline,
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asoriginallylocatedand constructedupon,overandacrosstheSW1/4NE1/4ofSection33,
T33N,R26W,4thP.M.,Sherburne County,Minnesota;boundedontheSouthbyalinedrawn
parallelwithanddistant112.5feetNortherlyof, asmeasuredradiallyto,thecenterlineof
MinnesotaTrunkHighwayNo.10-3,assurveyed,locatedand constructedandboundedonthe
EasterlysidebythecenterlineofQuinnStreetintheVillageofElk River,Minnesota,
accordingtotherecordedplatthereof.
LotSeven(7),ofAuditor'sSubdivisionNumberThree(3),intheVillageofElkRiver,
SherburneCounty, Minnesota.
ThatpartofMeadowvaleRoad,alsoknownasMilitaryRoad,asshownontheplatof
,
AUDITOR'S SUBDIVISIONNO.3,SherburneCounty,Minnesota,whichadjoinsLots1112,
13,14,and15ofsaid AUDITOR'SSUBDIVISIONNO.3andwhichlieseastoftheextension
NorthoftheEastlineofUpland Ave.NW,alsoknownasCountyHighwayNo.44.
ThatpartofIndustrialBoulevardwhichlieswestoftheextensionnorthoftheWestlineof
QuinnAvenue, locatedover,underandacrosspartofAUDITOR'SSUBDIVISIONNO.3,
SherburneCounty,Minnesota.
Those parts of 8th Street which lie west of Quinn Avenue located over, under and across part of
AUDITOR'S SUBDIVISION NO. 3, Sherburne County, Minnesota, and over and across part of
Auditor’s Subdivision of Lot 6 of AUDITOR'S SUBDIVISION NO. 3, Sherburne County,
Minnesota more particularly described as follows:
That part ofthe Northwest ¼ of the Northeast ¼ of Section 33, Township 33, Range 26,
Sherburne County, Minnesota, described as follows, that lies West of the northerly extension of
Quinn Avenue:
BeginningatthenorthwestcorneroftheSouthwest¼oftheNortheast¼ofSection33,
Township33, Range26andrunningthenceeastalong theeastandwest1/16sectionlineofthe
Northeast¼ofsaid Section33,adistanceof914.8feet;thencenorthadistanceof33feet;
thencewestandparalleltoabove 1/16sectionline,adistanceof914.8feet;thencesoutha
distanceof33feettothepointofbeginningand beingapartofLot8,Auditor’sSubdivisionNo
3,SherburneCounty,Minnesota;
AND
ThatpartofthefollowingdescribedtractlyingwithinAuditor’sSubdivisionofLot6of
Auditor’sSubdivision No.3ElkRiver:
AllthatpartofLotSix(6)ofAUDITOR’SSUBDIVISIONNO.Three(3)intheVillageofElk
River, Sherburne County, Minnesota, that lies north and west of the Great Northern Railway
Spur Right of Way as the same is now located and constructed over and across said tract, and
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191673v14
west of the northerly extension of the west line of Hope Street as shown on the duly recorded
plat of W. H. Houltons’ Addition to the Village of Elk River;
That lies North of the north lot line of Lot 12 of Auditor’s Subdivision of Lot 6 of Auditor’s
Subdivision No. 3 Elk River, according to the recorded plat thereof in Sherburne County,
Minnesota; and
That lies South of theNorthlineofLotSix(6)ofAUDITOR’SSUBDIVISIONNO.Three(3)
intheVillage ofElkRiver,accordingtotherecordedplatthereofinSherburneCounty,
Minnesota.
Abstract.
A-6
191673v14
EXHIBITB
LEGAL DESCRIPTION OF EASEMENT AREAS
Easement 1.
A 20 foot wide drainage and utility easement over, under and across that part of Lot 12, the
unnamed road north of Lot 12, Lot 11, and Spur Track as shown on the plat of AUDITOR’S
SUBDIVISION OF LOT 6 OF AUDITOR’S SUBDIVISION NO. 3, said easement lying 1.00
foot to the right and 19.00 feet to the left of the following described line:
COMMENCING at the northwest corner of AUDITOR'S SUBDIVISION OF LOT 6 OF
AUDITOR'S SUBDIVISION NO. 3; thence North 89 degrees 06 minutes 43 seconds East,
assumed bearing, along the north line of said AUDITOR'S SUBDIVISION OF LOT 6 OF
AUDITOR'S SUBDIVISION NO. 3, a distance of 161.00 feet to the POINT OF BEGINNING;
thence South 00 degrees 09 minutes 30 seconds West, a distance of 822.30 feet to a point on the
northerly right of way line of U.S. Highway 10 and said line there terminating.
The sidelines of said easement shall be lengthened or shortened so as to terminate on said north
line of AUDITOR'S SUBDIVISION OF LOT 6 OF AUDITOR'S SUBDIVISION NO. 3 and
said northerly right of way line of U.S. Highway 10.
Easement 2.
A drainage and utility easement over, under and across that part of Lot 8, AUDITOR’S
SUBDIVISION NO. 3 and that part of unnamed road north of Lot 12, AUDITOR’S
SUBDIVISION OF LOT 6 OF AUDITOR’S SUBDIVISION NO. 3 lying southerly of the
following described “Line A” and northerly of the following described “Line B”:
“LINE A”
COMMENCING at the southwest corner of Lot 8, AUDITOR’S SUBDIVISION NO. 3, thence
North 00 degrees 01 minutes 15 seconds East, assumed bearing, along the west line of said Lot 8,
a distance of 38.93 feet to the POINT OF BEGINNING of said “Line A”; thence South 53
degrees 44 minutes 59 seconds East, a distance of 41.68 feet; thence North 88 degrees 58
minutes 57 seconds East, a distance of 127.21 feet; thence North 89 degrees 03 minutes 19
seconds East, a distance of 466.57 feet; thence North 89 degrees 59 minutes 48 seconds East, a
distance of 220.74 feet to the west right of way line of Quinn Ave and said line there terminating.
“LINE B”
COMMENCING at said southwest corner of Lot 8, AUDITOR’S SUBDIVISION NO. 3, thence
South 00 degrees 01 minutes 15 seconds West along the west line of AUDITOR’S
SUBDIVISION OF LOT 6 OF AUDITOR’S SUBDIVISION NO. 3, a distance of 1.76 feet to
the POINT OF BEGINNING of said “Line B”; thence South 58 degrees 03 minutes 41seconds
East, a distance of 28.30 feet; thence North 88 degrees 52 minutes 05 seconds East, a distance of
165.20 feet; thence North 87 degrees 52 minutes 54 seconds East, a distance of 260.58 feet;
thence North 89 degrees 59 minutes 14 seconds East, a distance of 317.68 feet; thence South 87
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degrees 29 minutes 22 seconds East, a distance of 81.15 feet to the west right of way line of
Quinn Ave and said line there terminating.
Easement 3.
A 20 foot wide drainage and utility easement over, under and across that part of Lot 11, Lot 12,
Lot 23, and Military Road as shown on the plat of AUDITOR’S SUBDIVISION NO. 3, the
centerline is described as follows:
COMMENCING at the southeast corner of Lot 11, thence North 00 degrees 01 minutes 15
seconds East, assumed bearing, along the east line of said Lot 11, a distance of 10.02 feet to the
POINT OF BEGINNING of the centerline to be described; thence North 56 degrees 25 minutes
03 seconds West, a distance of 33.05 feet; thence North 38 degrees 18 minutes 53 seconds West,
a distance of 11.54 feet; thence South 51 degrees 35 minutes 48 seconds West, a distance of
23.16 feet; thence South 68 degrees 05 minutes 09 seconds West, a distance of 79.62 feet; thence
North 88 degrees 28 minutes 32 seconds West, a distance of 78.37 feet; thence North 83 degrees
19 minutes 24 seconds West, a distance of 186.59 feet; thence North 77 degrees 57 minutes 55
seconds West, a distance of 138.58 feet; thence North 03 degrees 03 minutes 56 seconds West, a
distance of 209.71 feet; thence North 00 degrees 09 minutes 21 seconds East, a distance of
173.96 feet; thence North 58 degrees 06 minutes 53 seconds West, a distance of 124.81 feet;
thence North 54 degrees 19 minutes 43 seconds West, a distance of 146.42 feet to a point on the
east right ofway line of C.H. 44 / Upland Avenue NW and said centerline there
terminating.
The sidelines of said easement shall be lengthened or shortened so as to terminate on said east
line of Lot 11, the east line of Lot 23, and said east right of way line of C.H.44 / Upland Ave
NW.
Easement 4.
An easement for drainage and utility purposes legally described as the West 10.00 feet of that
part of Lot 23, AUDITOR’S SUBDIVISION NO. 3, Village of Elk River, Sherburne County,
Minnesota described as follows: Beginningat a point on the East line of said Lot 23, 480.00 feet
South of the Northeast corner thereof; thence North along the East line of said Lot 23, a distance
of 480.00 feet to the Northeast corner thereof; thence West along the North line of said Lot 23 to
the Northwest corner thereof; thence South on the West line a distance of 488.00 feet more or
less, to the intersection with the Northerly right of way line of U.S. Highway No. 10; thence
Southeasterly along the northerly right of way line of U.S. Highway No. 10 to the East line of
said Lot 23; thence North on the East line of said Lot 23 to the Point of Beginning.
AND the West 10.00 feet of that part of Lot 15, AUDITOR’S SUBDIVISION NO. 3, Village of
Elk River, Minnesota which lies East of the East line ofCounty Highway No. 44 also known as
Upland Ave.
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Easement 5.
A drainage and utility easement over that part of the following described properties:
That part of Lot 23, AUDITOR'S SUBDIVISION NO. 3, Village of Elk River,
Minnesota described as follows:Beginning at a point on the East line of said Lot 23,
480.00 feet South of the Northeast corner thereof; thence North along the East line of said
Lot 23, 480.00 feet to the Northeast corner thereof; thence West along the North line of
said Lot 23 to the Northwest corner thereof; thence South on the West line 488.00 feet.
More or less, to the intersection with the Northerly right of way line of U.S. Highway No.
10; thence Southeasterly along the northerly right of way line of U.S. Highway No. 10 to
the Eastline of said Lot 23; thence North on the East line of said Lot 23 to the Point of
Beginning.
Lot 12, plat of AUDITORS SUBDIVISION OF LOT 6 OF AUDITOR'S SUBDIVISION
NO. 3 ELK RIVER.
AND all that portion of the Burlington Northern Railroad Company's (formerly the Great
Northern Railway Company) 35.00 foot wide Spur Track right of way, being 10.00 feet
wide on the Easterly side and 25.00 feet wide on the Westerly side of said Railroad
Company's Spur Track centerline, as originally located and constructed upon, over and
across the Southwest Quarter of the Northeast Quarter of Section 33, Township 33,
Range 26, Sherburne County, Minnesota; bounded on the South by a line drawn parallel
with and distant 112.5 feet Northerly of, as measured radially to, the centerline of
Minnesota Trunk Highway No. 10-3, as surveyed, located and constructed and bounded
on the Easterly side by the centerline of Quinn Street in the Village of Elk River,
Minnesota according to the recorded plat thereof.
Which lies Southof the following described Line: Commencing at the Northwest corner of Lot
23, AUDITOR'S SUBDIVISION NO. 3, Village of Elk River, Minnesota; thence South 0
degrees 01 minutes 10 seconds East along the West line of said Lot 23 a distance of 488.00 feet
to the Northerly right of way line of U.S. Highway No. 10; thence return North 0 degrees 01
minutes 10 seconds West along said West line of Lot 23 a distance of 1.75 feet to the Point of
Beginning of the Line to be described; thence South 68 degrees 06 minutes 17 seconds East a
distance of 196.11 feet; thence South 67 degrees 57 minutes 36 seconds East a distance of 250.64
feet; thence South 71 degrees 00 minutes 14 seconds East a distance of 240.77 feet; thence South
76 degrees 34 minutes 39 seconds East a distance of 267.57 feet along a line to be referred to as
Line A to a point to be referred to as Point 1; thence continue South 76 degrees 34 minutes 39
seconds East along the extension of said Line A, a distance of 50.00 feet; thence on a bearing of
South adistance of 8.44 feet to the Northerly right of way line of U.S. Highway No. 10 and there
terminating. Except the west 10.00 feet of said Lot 23.
Also that part of said Lot 11 described as follows: Beginning at the above referenced Point 1;
thence North 13 degrees 25 minutes 21 seconds East a distance of 18.00 feet; thence South 76
degrees 34 minutes 39 seconds East a distance of 12.00 feet; thence South 13 degrees 25 minutes
21 seconds West a distance of 18.00 feet to intersect the southeasterly extension of the above
referenced Line A; thence North 76 degrees 34 minutes 39 seconds West along said extension of
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191673v14
Line A, a distance of 12.00 feet to the Point of Beginning.
Easement 6.
A drainage and utility easement over that part of the following described properties:
The East 10.00 feet of Lots 8, 9, and 12, plat of AUDITORS SUBDIVISION OF LOT 6OF
AUDITOR'S SUBDIVISION NO. 3, Sherburne County, Minnesota
AND the East 10.00 feet of that part of the vacated right of way shown on saidplat of
AUDITORS SUBDIVISION OF LOT 6 OF AUDITOR'S SUBDIVISION NO. 3, which lies
north of Lot 12 and which lies West of the extension North of the West line ofQuinn Ave.,
formerly known as Hope Street.
AND the East 10.00 feet of that part of Lot 8, AUDITOR'S SUBDIVISION NO. 3, Villageof
Elk River, Minnesota which lies within the vacated right of way of 8th Street asshown on the
plat of AUDITORS SUBDIVISION OF LOT 6 OF AUDITOR'S SUBDIVISIONNO. 3, in said
Sherburne County which lies West of the extension North of theWest line of Quinn Ave.,
formerly known as Hope Street.
AND the East 10.00 feet of Lot 7, AUDITOR'S SUBDIVISION NO. 3, Village of Elk River,
Minnesota
AND the East 10.00 feet of the following described parcel: That part of Lot 8,AUDITOR'S
SUBDIVISION NO. 3, Village of Elk River, Minnesota lying southerly andwesterly of the
following described line: Commencing at a point on the West lineof said Lot 8, distant 300.00
feet north of the southwest corner; thence easterlyand parallel with the South line of said Lot 8
to a point 60.00 feet distant fromthe southwesterly line of the right of way of the Burlington
Northern Railroad;thence Southeasterly and parallel with said Southwesterly right of way line to
thenortherly extension of the West line of Quinn Avenue; thence South along theWesterly line
of Quinn Avenue to the South line of said Lot 8 and thereterminating.
AND the East 10.00 feet of that portion of the Burlington Northern RailroadCompany's
(formerly the Great Northern Railway Company) 35.00 foot wide SpurTrack right of way, being
10.00 feet wide on the Easterly side and 25.00 feet wideon the Westerly side of said Railroad
Company's Spur Track centerline, asoriginally located and constructed upon, over and across the
Southwest Quarter ofthe Northeast Quarter of Section 33, Township 33, Range 26, Sherburne
County,Minnesota; bounded on the South by a line drawn parallel with and distant 112.5feet
Northerly of, as measured radially to, the centerline of Minnesota TrunkHighway No. 10-3, as
surveyed and bounded on the Easterly side by the centerlineof Quinn Street in the Village of Elk
River, Minnesota according to the recordedplat thereof.
Easement 7.
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191673v14
A drainage and utility easement over, under, and across that part of Lot 8, AUDITOR’S
SUBDIVISION NO. 3, more particularly described as follows:
The East 20 feet of the West 75 feet of the South 373 feet of Lot 8.
Easement 8.
A 20 foot drainage and utility easement over, under and across the Northeast Quarter of Section
33, Township 33, Range 26, Sherburne County, Minnesota, lying 10.0 feet on each side of the
following described centerline:
Commencing at the northwest corner of the Northeast Quarter of said Section 33; thence on an
assumed bearing of South 1331.36 feet along the west line of said Northeast Quarter; thence East
160.89 feet to the point of beginning of the line to be described; thence North 11 degrees, 13
minutes, 30 seconds East 317.5 feet; thence North 00 degrees, 01 minutes, 50 seconds West 310
feet and there terminating.
B-5
191673v14
EXHIBITC
DEPICTION OF EASEMENTS
(see attached)
C-1
191673v14
N
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Legend
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-Denotes
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4285 Lexington Ave. N., St. Paul, Minnesota 55126
Phone: 651.415.3800 Fax: 651.415.2001
Bismarck Cedar Rapids Denver Detroit Lakes Fargo
Minot Sioux Falls St. Paul Williston
Web: www.ulteig.com
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SUBDIVISION OF LOT 6 OF
P.O.B., "LINE A"
WEST LINE, LOT 8
AUDITOR'S SUBDIVISION NO. 3
EAST LINE, LOT 11
4285 Lexington Ave. N., St. Paul, Minnesota 55126
Phone: 651.415.3800 Fax: 651.415.2001
Bismarck Cedar Rapids Denver Detroit Lakes Fargo
Minot Sioux Falls St. Paul Williston
Web: www.ulteig.com
P.O.C.,
WEST LINE, LOT 8
SOUTHEAST
CORNER OF
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WEST LINE, LOT 8
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4285 Lexington Ave. N., St. Paul, Minnesota 55126
Phone: 651.415.3800 Fax: 651.415.2001
Bismarck Cedar Rapids Denver Detroit Lakes Fargo
Minot Sioux Falls St. Paul Williston
Web: www.ulteig.com
N
Legend
WE
0
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S
3060
SOUTH BOUNDARY,
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CITY OF ELK RIVER
PARCEL PER DOC. 98435
WEST LINE, LOT 8
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4285 Lexington Ave. N., St. Paul, Minnesota 55126
Phone: 651.415.3800 Fax: 651.415.2001
Bismarck Cedar Rapids Denver Detroit Lakes Fargo
Minot Sioux Falls St. Paul Williston
Web: www.ulteig.com
N
Legend
WE
0
-Denotes Easement
S
3060
B
N
POINT OF COMMENCEMENT,
S
NORTHWEST CORNER OF
F
THE NORTHEAST QUARTER
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WEST LINE OF THE NORTHEAST
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POINT OF BEGINNING,
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20 FOOT UTILITY
EASEMENT
4285 Lexington Ave. N., St. Paul, Minnesota 55126
Phone: 651.415.3800 Fax: 651.415.2001
Bismarck Cedar Rapids Denver Detroit Lakes Fargo
Minot Sioux Falls St. Paul Williston
Web: www.ulteig.com
EXHIBIT D
LEGAL DESCRIPTION OF EASEMENTS VACATED BY GRANTEE
1.Parcel 1:
That part of Meadowvale Road, also known as Military Road, as shown on the plat of
AUDITOR’S SUBDIVISION NO. 3, which adjoins Lots 11, 12, 13, 14, and 15 of said
AUDITOR’S SUBDIVISION NO. 3 and which lies east of the extension North of the East
line of Upland Ave. NW, also known as County Highway No. 44.
2.Parcel 2:
That part of Industrial Boulevard which lies west of the extension north of the West line of
Quinn Avenue, located over, under and across part of AUDITOR’S SUBDIVISION NO. 3.
3.Parcel 3:
Those parts of 8th Street which lies west of Quinn Avenue located over, under and across
part of AUDITOR'S SUBDIVISION NO. 3, Sherburne County, Minnesota, and over and
across part of Auditor’s Subdivision of Lot 6of AUDITOR'S SUBDIVISION NO. 3,
Sherburne County, Minnesota.
Water Main Easement recorded as Sherburne County Recorder Document No. 98435.
4.
5.Utility Easement recorded as Sherburne County Recorder Document No. 133188 and
legally described as follows:
A 15 foot perpetual utility easement over, under and across the Northeast Quarter of Section
33, Township 33, Range 26, Sherburne County, Minnesota, lying 7.5 feet on each side of the
following described centerline:
Commencing at the northwest corner of the Northeast Quarter of said Section 33; thence on
an assumed bearing of South 1331.36 feet along the west line of said Northeast Quarter;
thence East 160.89 feet to the point of beginning of the line to be described; thence North 11
degrees, 13 minutes, 30 seconds East 317.5 feet; thence North 0 degrees, 01 minutes, 50
seconds West 310 feet and there terminating.
Sanitary Sewer Easement recorded as Sherburne County Recorder Document No.
6.
72031.
D-1
191673v14
EXHIBITE
LEGAL DESCRIPTION OF GRANTEE PROPERTY TO BE QUIT CLAIMED TO
GRANTOR
That part of the Northwest Quarter of the Northeast Quarter of Section 33, Township 33, Range
26, Sherburne County, Minnesota, described as follows, which lies West of the northerly
extension of Quinn Avenue:
Beginning at the northwest corner of the Southwest Quarter of the Northeast Quarter of Section
33, Township 33, Range 26 and running thence east along the east and west 1/16 section line of
the Northeast Quarter of said Section 33, a distance of 914.8 feet; thence north a distance of 33
feet; thence west and parallel to above 1/16 section line, a distance of 914.8 feet; thence south a
distance of 33 feet to the point of beginning and being a part of Lot 8, Auditor’s Subdivision No.
3, Sherburne County, Minnesota.
E-1
191673v14
EXHIBITF
ENCROACHMENT WITHIN EASEMENT 7
2
(see attached)
2
Depiction of such encroachment to be attached to PDF of final document.
F-1
191673v14
EXHIBITG
ENCROACHMENT WITHIN EASEMENT 8
3
(see attached)
3
Depiction of such encroachment to be attached to PDF of final document.
F-1
191673v14
TENANT/LESSEE CONSENT
TO EASEMENT
FORTERRA PIPE & PRECAST, LLC,
a Delaware limited liability company, which has
a Tenant/Lessee interest in the property subject to the foregoing Grant of Permanent Easements
pursuant to that certain Memorandum of Lease and Right of First Refusal with PIPE PORTFOLIO
OWNER EXCHANGE (MULTI) LP, a Delaware limited partnership, dated April 14, 2016 and
filed of record April 25, 2016, as Document No. 819137 with the office of the County Recorder for
Sherburne County, Minnesota, for good and valuable consideration, the receipt and sufficiency of
which is hereby acknowledged, does hereby join in and consents to the granting of the foregoing
Grant of Permanent Easements.
ORTERRA PIPE & PRECAST, LLC
F
BY: ________________________________
Its
AND: ________________________________
Its
STATE OF ___________ )
) ss.
COUNTY OF _________ )
The foregoing instrument was acknowledged before me this ______ day
of__________________, 201, by ________________________________ and
by________________________________ the ________________________________
and________________________________ of Forterra Pipe & Precast, LLC, a
Delaware limited liability company, on its behalf.
_____________________________________
Notary Public
THIS INSTRUMENT WAS DRAFTED BY:
CK
AMPBELL NUTSON
Professional Association
Grand Oak Office Center I
860 Blue Gentian Road, Suite 290
Eagan, Minnesota 55121
Telephone: (651) 452-5000
AMP
191673v14
TENANT/LESSEE CONSENT
TO EASEMENT
FORTERRA CONCRETE INDUSTRIES, INC.,
a Tennessee corporation, which has a
Tenant/Lessee interest in the property subject to the foregoing Grant of Permanent Easements
pursuant to that certain Memorandum of Lease and Right of First Refusal with PIPE PORTFOLIO
OWNER EXCHANGE (MULTI) LP, a Delaware limited partnership, dated April 14, 2016 and
filed of record April 25, 2016, as Document No. 819137 with the office of the County Recorder for
Sherburne County, Minnesota, for good and valuable consideration, the receipt and sufficiency of
which is hereby acknowledged, does hereby join in and consents to the grantingof the foregoing
Grant of Permanent Easements.
ORTERRA CONCRETE INDUSTRIES, INC.
F
BY: ________________________________
Its
AND: ________________________________
Its
STATE OF ___________ )
) ss.
COUNTY OF _________ )
The foregoing instrument was acknowledged before me this ______ day
of__________________, 201, by ________________________________ and
by________________________________ the ________________________________
and________________________________ of Forterra Concrete Industries, Inc., a
Tennesseecorporation, on its behalf.
_____________________________________
Notary Public
THIS INSTRUMENT WAS DRAFTED BY:
CK
AMPBELL NUTSON
Professional Association
Grand Oak Office Center I
860 Blue Gentian Road, Suite 290
Eagan, Minnesota 55121
Telephone: (651) 452-5000
AMP
191673v14
TENANT/LESSEE CONSENT
TO EASEMENT
FORTERRA PRESSURE, INC.,
an Ohio corporation, which has a Tenant/Lessee interest
in the property subject to the foregoing Grant of PermanentEasements pursuant to that certain
Memorandum of Lease and Right of First Refusal with PIPE PORTFOLIO OWNER EXCHANGE
(MULTI) LP, a Delaware limited partnership, dated April 14, 2016 and filed of record April 25,
2016, as Document No. 819137 with the office of the County Recorder for Sherburne County,
Minnesota, for good and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, does hereby join in and consents to the granting of the foregoing Grant of Permanent
Easements.
ORTERRA PRESSURE PIPE, INC.
F
BY: ________________________________
Its
AND: ________________________________
Its
STATE OF ___________ )
) ss.
COUNTY OF _________ )
The foregoing instrument was acknowledged before me this ______ day
of__________________, 201, by ________________________________ and
by________________________________ the ________________________________
and________________________________ of Forterra Pressure Pipe, Inc., an Ohio
corporation, on its behalf.
_____________________________________
Notary Public
THIS INSTRUMENT WAS DRAFTED BY:
CK
AMPBELL NUTSON
Professional Association
Grand Oak Office Center I
860 Blue Gentian Road, Suite290
Eagan, Minnesota 55121
Telephone: (651) 452-5000
AMP
191673v14
TENANT/LESSEE CONSENT
TO EASEMENT
FORTERRA CONCRETE PRODUCTS, INC.,
an Iowa corporation, which has a
Tenant/Lessee interest in the property subject to the foregoing Grant of Permanent Easements
pursuant to that certain Memorandum of Lease and Right of First Refusal with PIPE PORTFOLIO
OWNER EXCHANGE (MULTI) LP, a Delaware limited partnership, dated April 14, 2016 and
filed of record April 25, 2016, as Document No. 819137 with the office of the County Recorder for
Sherburne County, Minnesota, for good and valuable consideration, the receipt and sufficiency of
which is hereby acknowledged, does hereby join in and consents to the granting of the foregoing
Grant of Permanent Easements.
ORTERRA CONCRETE PRODUCTS, INC.
F
BY: ________________________________
Its
AND: ________________________________
Its
STATE OF ___________ )
) ss.
COUNTY OF _________ )
The foregoing instrument was acknowledged before me this ______ day
of__________________, 201, by ________________________________ and
by________________________________ the ________________________________
and________________________________ of Forterra Concrete Products, Inc., an Iowa
corporation,on its behalf.
_____________________________________
Notary Public
THIS INSTRUMENT WAS DRAFTED BY:
CK
AMPBELL NUTSON
Professional Association
Grand Oak Office Center I
860 Blue Gentian Road, Suite 290
Eagan, Minnesota 55121
Telephone: (651) 452-5000
AMP
191673v14
UTILITY AND INGRESS AND ACCESS EASEMENTS
THIS EASEMENT GRANT (this “Easement Grant”) is made and entered into on
___________________, 2018, from PIPE PORTFOLIO OWNER (MULTI) LP, a Delaware limited
partnership (“Grantor”), to the CITY OF ELK RIVER, a Minnesota municipal corporation, situated
in Sherburne County, Minnesota (“Grantee”).
In consideration of One Dollar ($1.00) and other good and valuable consideration in hand paid
by Grantee, the receipt and sufficiency of which Grantor hereby acknowledges, Grantor hereby
grants, conveys and sells to Grantee, its successors and assigns, permanent non-exclusive easements
Exhibit A
for utility and access purposes over, under and across the properties legally described in
Exhibit B
attached hereto and incorporated herein and depicted on attached hereto and incorporated
herein, together with the right to construct, install, maintain, repair, use, modify and service facilities
for utility and access purposes within the easement areas and for no other purpose (the “Easement
Areas”):
1.Grantor hereby grants to Grantee, its successors and assigns, permanent non-exclusive
easements for utility and access purposes over, under and across the Easement Areas,
together with the right to construct, install, maintain, repair, use, modify, and service facilities
for utility and access purposes within the Easement Areas and for no other purpose.
2.Grantee hereby consents to any encroachments on the Easement Areas existing on the date of
this Easement Grant as a result of this Easement Grant.
3.Grantor hereby reserves for itself and its successors and assigns the right to use the above
Easement Areas along with Grantee; and Grantor may use such Easement Areas for other
purposes not inconsistent with the rights granted to Grantee under this Agreement.
1
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4.The Grantee will exercise due care and diligence to avoid injury or damage to Grantor’s existing
improvements within the Easement Areas. The Grantee shall indemnify and save harmless Grantor
and its officers, directors, agents, and employees, against and from any and all liability, damage,
expense, cause of action, suit, claim, or judgment for injury or death to persons or damage to
property sustained by anyone in, about or accessing the Easement Areas, arising out of or in any
way connected with the Easement Grant or Grantee’s agents’, employees’, contractors’, or
invitees’ use or occupation of the Easement Areas for the operation, maintenance, relocation,
replacement, substitution or removal of the utilities within the Easement Areas, unless caused by
the intentional misconduct or gross negligence of Grantor, its employees, agents or contractors.
Furthermore, all fixtures, equipment, and property of every kind and description of persons
claiming by or through Grantee which may be on the Easement Areas shall be at the sole risk and
hazard of Grantee and no part or loss or damage thereto from whatever cause is to be charged or
borne by Grantor, unless caused by the intentional misconduct or gross negligence of Grantor, its
employees, agents or contractors.
5.If this Easement Grant should interfere with Grantor’s, or Grantor’s tenant’s operations
on, or use or redevelopment of Grantor’s property outside of the Easement Areas, the
agrees upon the request of Grantor to relocate the Easement Areas and utilities or
Grantee
improvements for access thereon at the expense of Grantor, with the vacated portion of this
Easement Grant being released and conveyed back to Grantor and the site of the relocated
easement area being conveyed and included in this Easement Grant as though it had been
included ab initio.
6.For the avoidance of doubt, Grantee acknowledges that it has no claim for access across
any property owned by Grantor outside the Easement Areas.
7.Grantor represents and warrants to Grantee that Grantor is the only owner of the fee simple
title to the Easement Areas and that, to Grantor’s knowledge, there are no (i) owners or
mortgages, contracts for deed, leases, rental agreements, occupancy agreements, or
(ii) any other encumbrances or verbal or written agreement of any nature whatsoever
affecting title to the Easement Areas except matters of record.
8.Any modifications of this Easement Grant or additional obligation assumed by either party
in connection with this Easement Grant shall be binding only if evidenced in writing signed
by each party or an authorized representative of each party.
9.It is agreed that this Easement Grant shall be governed by, construed, and enforced in
accordance with the laws of the State of Minnesota.
2
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\[Signature Continued on Next Page\]
3
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Easement Grant
IN WITNESS WHEREOF, Grantor has caused this to be executed as of the
date and year first above written.
PIPE PORTFOLIO OWNER (MULTI) LP,
A DELAWARE LIMITED PARTNERSHIP
By: PIPE PORTFOLIO GP LLC,
a Delaware limited liability company, its general
partner
By: WPC HOLDCO LLC,
a Maryland limited liability company, its sole
member
By: W. P. CAREY INC.,
a Maryland corporation, its sole member
By: _________________________
Name:
Title:
STATE OF
_______________ }
} ss
COUNTY OF ____________ }
The foregoing instrument was acknowledged before me this day of , 2018, by
W. P. CAREY INC.
________________________, the __________________ of , a Maryland
WPC HOLDCO LLC
corporation, as sole member of , a Maryland limited liability company, as sole
PIPE PORTFOLIO GP LLC
member of , a Delaware limited liability company, as general partner of
PIPE PORTFOLIO OWNER (MULTI) LP
, a Delaware limited partnership.
Notary Public
This instrument drafted by:
BEST & FLANAGAN, P.L.L.P. (MVP)
th
60 South 6 Street, Suite 2700
Minneapolis, MN 55402
4
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EXHIBIT A
Legal Description of Utility, Ingress and Egress Easement
A 60 foot easement for access and utilities adjoining the northeasterly line of the following described
property:
That part of Lot Eight (8), Auditor's Subdivision No. 3, Sherburne County, Minnesota, lying easterly
of the East line of the West 240 feet of Lot 8 and westerly of the northwesterly extension of the West
line of Quinn Street (formerly known as Hope Street).
5
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EXHIBIT B
Depiction of Utility, Ingress and Egress Easement
6
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TENANT/LESSEE CONSENT
TO EASEMENT
FORTERRA PIPE & PRECAST, LLC,
a Delaware limited liability company, which has a
Tenant/Lessee interest in the property subject to the foregoing Utility and Ingress and Access Easements
pursuant to that certain Memorandum of Lease and Right of First Refusal with PIPE PORTFOLIO
OWNER EXCHANGE (MULTI) LP, a Delaware limited partnership, dated April 14, 2016 and filed of
record April 25, 2016, as Document No. 819137 with the office of the County Recorder for Sherburne
County, Minnesota, for good and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, does hereby join in and consents to the granting of the foregoing Utility and Ingress and
Access Easements.
FORTERRA PIPE & PRECAST, LLC
BY: ________________________________
Its
AND: ________________________________
Its
STATE OF ___________ )
) ss.
COUNTY OF _________ )
The foregoing instrument was acknowledged before me this ______ day of __________________,
2018, by ________________________________ and by ________________________________ the
________________________________ and ________________________________ of Forterra Pipe &
Precast, LLC, a Delaware limited liability company, on its behalf.
_____________________________________
Notary Public
THIS INSTRUMENT WAS DRAFTED BY:
CK
AMPBELL NUTSON
Professional Association
Grand Oak Office Center I
860 Blue Gentian Road, Suite 290
Eagan, Minnesota 55121
Telephone: (651) 452-5000
AMP
7
Error! Unknown document property name.
TENANT/LESSEE CONSENT
TO EASEMENT
FORTERRA CONCRETE INDUSTRIES, INC.,
a Tennessee corporation, which has a
Tenant/Lessee interest in the property subject to the foregoing Utility and Ingress and Access Easements
pursuant to that certain Memorandum of Lease and Right of First Refusal with PIPE PORTFOLIO
OWNER EXCHANGE (MULTI) LP, a Delaware limited partnership, dated April 14, 2016 and filed of
record April 25, 2016, as Document No. 819137 with the office of the County Recorder for Sherburne
County, Minnesota, for good and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, does hereby join in and consents to the granting of the foregoing Utility and Ingress and
Access Easements.
FORTERRA CONCRETE INDUSTRIES, INC.
BY: ________________________________
Its
AND: ________________________________
Its
STATE OF ___________ )
) ss.
COUNTY OF _________ )
The foregoing instrument was acknowledged before me this ______ day of __________________,
2018, by ________________________________ and by ________________________________ the
________________________________ and ________________________________ of Forterra
Concrete Industries, Inc., a Tennessee corporation, on its behalf.
_____________________________________
Notary Public
THIS INSTRUMENT WAS DRAFTED BY:
CK
AMPBELL NUTSON
Professional Association
Grand Oak Office Center I
860 Blue Gentian Road, Suite 290
Eagan, Minnesota 55121
Telephone: (651) 452-5000
AMP
8
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TENANT/LESSEE CONSENT
TO EASEMENT
FORTERRA PRESSURE, INC.,
an Ohio corporation, which has a Tenant/Lessee interest in the
property subject to the foregoing Utility and Ingress and Access Easements pursuant to that certain
Memorandum of Lease and Right of First Refusal with PIPE PORTFOLIO OWNER EXCHANGE
(MULTI) LP, a Delaware limited partnership, dated April 14, 2016 and filed of record April 25, 2016, as
Document No. 819137 with the office of the County Recorder for Sherburne County, Minnesota, for good
and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, does hereby join
in and consents to the granting of the foregoing Utility and Ingress and Access Easements.
FORTERRA PRESSURE PIPE, INC.
BY: ________________________________
Its
AND: ________________________________
Its
STATE OF ___________ )
) ss.
COUNTY OF _________ )
The foregoing instrument was acknowledged before me this ______ day of __________________,
2018, by ________________________________ and by ________________________________ the
________________________________ and ________________________________ of Forterra Pressure
Pipe, Inc., an Ohio corporation, on its behalf.
_____________________________________
Notary Public
THIS INSTRUMENT WAS DRAFTED BY:
CK
AMPBELL NUTSON
Professional Association
Grand Oak Office Center I
860 Blue Gentian Road, Suite 290
Eagan, Minnesota 55121
Telephone: (651) 452-5000
AMP
9
Error! Unknown document property name.
TENANT/LESSEE CONSENT
TO EASEMENT
FORTERRA CONCRETE PRODUCTS, INC.,
an Iowa corporation, which has a
Tenant/Lessee interest in the property subject to the foregoing Utility and Ingress and Access Easements
pursuant to that certain Memorandum of Lease and Right of First Refusal with PIPE PORTFOLIO
OWNER EXCHANGE (MULTI) LP, a Delaware limited partnership, dated April 14, 2016 and filed of
record April 25, 2016, as Document No. 819137 with the office of the County Recorder for Sherburne
County, Minnesota, for good and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, does hereby join in and consents to the granting of the foregoing Utility and Ingress and
Access Easements.
FORTERRA CONCRETE PRODUCTS, INC.
BY: ________________________________
Its
AND: ________________________________
Its
STATE OF ________________)
) ss.
COUNTY OF ______________)
The foregoing instrument was acknowledged before me this ______ day of __________________,
2018, by ________________________________ and by ________________________________ the
________________________________ and ________________________________ of Forterra
Concrete Products, Inc., an Iowa corporation, on its behalf.
_____________________________________
Notary Public
THIS INSTRUMENT WAS DRAFTED BY:
CK
AMPBELL NUTSON
Professional Association
Grand Oak Office Center I
860 Blue Gentian Road, Suite 290
Eagan, Minnesota 55121
Telephone: (651) 452-5000
AMP
10
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11
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LICENSE AGREEMENT
THISLICENSE AGREEMENT
(“Agreement”) is made this _________ day of
CITY OF ELK RIVER, MINNESOTA
________________, 2018, by and between the , a
PIPE PORTFOLIO OWNER (MULTI)
Minnesota municipal corporation (“Licensor”) and
LP
, a Delaware limited partnership, its successors and assigns (“Licensee”).
RECITALS
A.Licensor is the owner of the property described on Exhibit A attached hereto and
located in the City of Elk River, County of Sherburne, State of Minnesota (the “Property”).
B.Licensee has requested Licensor to grant a license to Licensee to use that portion
of the Property designated as the “License Area” on Exhibit B attached hereto for the limited
purposes set forth in this Agreement.
C.The License Area is not presently needed by Licensor for public purposes, but
does contain certain public utilities to which Licensor requires 24 hours per day, 7 days per week
access.
D.Licensor agrees to grant to Licensee the right to use the License Area for limited
purposes, upon the terms and conditions of this Agreement.
NOW, THEREFORE,
in consideration of the Recitals and the agreements contained
herein, Licensor and Licensee agree as follows:
1.License. Licensor hereby grants to Licensee, its tenants, invitees, agents,
contractors, employees and guests, subject to the terms and conditions of this Agreement, a non-
exclusive license (the “License”) to use the License Area.
2.Term. The term of the License shall be for an unlimited period unless sooner
terminated as hereinafter provided.
3.No Interest in License Area. Licensee acknowledges and agrees that this
Agreement does not grant Licensee any estate or other interest in the License Area or any part
thereof, except the License expressly described herein.
Error! Unknown document property name.
4.Permitted Uses. The License Area may be used by Licensee and the other parties
permitted above solely for the purpose of traveling to and across the License Area, for parking
operable vehicles and for storing movable equipment and storage containers. Under no
circumstances, at any time, shall Licensee place any permanent structures on the License Area.
Nor shall Licensee do any excavation or other improvements to the License Area without the
prior written approval of Licensor. Licensor, its officers, employees and agents, shall have the
right to enter the License Area at all times, provided Licensor uses reasonable efforts to avoid
interfering with Licensee’s use of the License Area. Licensor does not warrant that the License
Area is suitable for the purposes for which it is permitted to be used under this Agreement.
Licensee assumes all risk with respect to its activities within the License Area.
5.Limitation of Liability. Licensee acknowledges that its use of the License Area is
subject to Licensor’s right to access and use the License Area at any time for purposes related to
the operation, maintenance, repair or replacement of the utilities located on the Property and in
the License Area. Licensee acknowledges that the operation, maintenance, replacement and/or
repair of these utilities by Licensor may impact Licensee’s use of the License Area and may
result in damage to the License Area and/or vehicles or property located in or on the License
Area. Licensor shall not be responsible or liable to Licensee for any loss or damage to Licensee
or its property, or anyone claiming by or through Licensee, and Licensee assumes all risk of loss
or damage to Licensee’s property located in the License Area.
6.Maintenance. Licensee acknowledges that the License Area is in good order,
condition and repair, and agrees that its use of the License Area will comply with all applicable
laws, rules and regulations and that Licensee shall maintain the License Area, including plowing
as necessary, in a similar condition that the License Area is in on the date hereof, and not commit
any nuisance or waste on the License Area.
7.Indemnity. Licensee shall defend, indemnify and save Licensor and its officers,
employees, and agents harmless from and against all liabilities, losses, obligations, claims, suits,
damages, penalties, causes of action, costs and expenses (including without limitation, court
costs and reasonable attorneys’ fees) arising from or relating to the use, condition, occupancy or
operation of the License Area or any part thereof by Licensee, or any failure on the part of
Licensee to perform or comply with any terms of this Agreement, or any injury, death, disability
or damage to any person or property occurring in or on the License Area in connection with
Licensee’s use of the License Area, or any act or omission by Licensee or its officers,
employees, contractors or agents or anyone claiming by or through them. The foregoing
indemnification does not apply to any liability, cause of action, expense or cost suffered or
incurred by Licensor as a result of the gross negligence or willful misconduct of Licensor, its
officers, employees, agents, contractors and attorneys.
8.Environmental Compliance. Licensee covenants, represents and warrants to
Licensor: (i) that it will not use or permit the License Area to be used, whether directly or
through contractors, agents or tenants, for the generating, transporting, treating, storage,
manufacture, emission of, or disposal of any Hazardous Materials as hereafter defined in
violation of any federal, state or local law, regulations, ordinance or requirements governing
Hazardous Materials; (ii) that there have been no investigations or reports involving Licensee by
any governmental authority which in any way pertain to Hazardous Materials relating to the
2
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License Area; and (iii) that its operations on the License Area will not violate any federal, state
or local law, regulation, ordinance or requirement governing Hazardous Materials. Hazardous
Materials are defined as any dangerous, toxic or hazardous pollutants, chemicals, waste,
polychlorinated biphenyls, asbestos, formaldehyde, petroleum, including crude oil or any
fraction thereof, natural gas, natural gas liquids, liquefied natural gas, synthetic gas usable for
fuel or mixtures thereof or substances as defined in the Comprehensive Environmental Response
Compensation and Liability Act of 1980, as amended, 42 U.S.C. 9601, et seq., or the Resource
Conservation and Recovery Act of 1976, as amended, 42 U.S.C. 6901, et seq., or the Hazardous
Materials Transportation Act, as amended, 49 U.S.C. 1801, et seq., or the Minnesota
Environmental Response and Liability Act, as amended, Minn. Stat. Ch. 115B, or any other
federal, state or local environmental laws, statutes, regulations, requirements or ordinances.
9.Compliance with Laws. Licensee shall not commit or permit any act to be
performed on the License Area or omission to occur with will be in violation of any statute,
regulation or ordinance of any governmental body or which will be in violation of any insurance
policy carried on the License Area by Licensor.
10.Insurance. Licensee shall (or shall cause its tenant(s) to), at no cost or expense to
Licensor, maintain commercial general liability insurance against claims for personal injury,
death or property damage occurring upon, in or about the License Area, such insurance to afford
protection to the limit of not less than $1,000,000.00 in respect to injury or death to a single
person, and to the limit of not less than $2,000,000.00 in respect to any one accident, and to the
limit of not less than $500,000.00 in respect to any property damage, and shall name Licensor as
an additional insured.
All policies of insurance shall be written in companies that are qualified to do business in
the State of Minnesota with a minimum AM Best Rating of at least A-. Licensee shall (or shall
cause its tenant(s) to) procure and deliver to Licensor certification from the respective insurance
companies indicating that the insurance to be maintained by Licensee is in force. During the
term of this Agreement, upon request by Licensor, License shall (or shall cause its tenant(s) to)
procure and deliver to Licensor updated certifications from the respective insurance companies
indicating that the insurance to be maintained by Licensee is in force. Licensee shall (or shall
cause its tenant(s) to) notify Licensor if any of the coverage required by this Section 10 is
cancelled or terminated.
11.Assignability. This Agreement, and the License herein granted, may not be
assigned or transferred to any third party by Licensee without the prior written approval of
Licensor and shall automatically terminate if any effort is made to assign it without written
approval; provided, however, Licensee may assign and/or transfer this Agreement and the
License herein granted to its parent, subsidiary, affiliate, mortgage lender or successor-in-interest
pursuant to a third party sale.
12.Termination. Licensor may terminate the License granted by this Agreement for
any reason, in its sole discretion, upon 60 days’ written notice from Licensor to Licensee. In
addition, Licensor may terminate the License granted by this Agreement immediately upon
notice to Licensee if required by a legal proceeding or a federal governmental authority.
Licensee may terminate the License granted by this Agreement at any time, upon written notice
3
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to Licensor. Within five (5) days of the effective date of termination, Licensee shall remove all
of Licensee’s property from the License Area and return the License Area to its existing
condition.
13.Miscellaneous Provisions.
a.Entire Agreement. This Agreement and the exhibits attached hereto
embody the entire understanding between the parties and supersede all prior
understandings and agreements related to the subject matter. This License cannot be
amended, altered or modified, and no provisions can be waived, except by a written
instrument executed by the party affected.
b.Benefit. This Agreement shall bind and inure to the benefit of the parties
and their respective successors and permitted assigns.
c.No Waiver. No waiver of any breach or any agreement, covenant or
restriction contained herein shall be construed to be a waiver of any other or future
breach of the same or other covenants or restrictions.
d.Notice Addresses. All notices shall be sent by registered or certified mail
addressed as follows:
Licensor: City Engineer
City of Elk River
13065 Orono Parkway
Elk River, MN 55330
with a copy to: General Manager
Elk River Municipal Utilities
13069 Orono Parkway
Elk River, MN 55330
Licensee: c/o W. P. Carey Inc.
50 Rockefeller Plaza
New York, NY 10020
Attn: Asset Management Department
with a copy to: W. P. Carey Inc.
50 Rockefeller Plaza
New York, NY 10020
Attn: Legal Transactions Department
Either party may, by such notice, designate a new or other address to which notice may
be mailed.
e.Heading and Captions. The headings and captions of the paragraphs and
subparagraphs of this Agreement are inserted for convenience and reference only and
4
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shall not constitute a part of this Agreement or a limitation on the scope of any paragraph
or subparagraph.
f.Severability. Whenever possible, each provision of this Agreement shall
be interpreted in such manner as to be effective and valid under applicable law, but if any
provision of this Agreement is held to be invalid, illegal or unenforceable under any
applicable law or rule in any jurisdiction, such provision will be ineffective only to the
extent of such invalidity, illegality or unenforceability in such jurisdiction without
invalidating the remainder of this Agreement in such jurisdiction or any provision hereof
in any other jurisdiction.
g.Counterparts. This Agreement may be executed in two or more
counterparts, each of which shall be deemed an original, but all of which together shall
constitute one and the same document.
h.Governing Law. This Agreement shall be construed in accordance with
and governed by the laws of the State of Minnesota.
IN WITNESS WHEREOF,
the parties have executed and delivered this Agreement as
of the date first written above.
5
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LICENSOR:
CITY OF ELK RIVER
By:
Its: Mayor
By:
Its: City Clerk
STATE OF __________ )
) SS
COUNTY OF ___________)
The foregoing instrument was acknowledged before me this ____ day of __________,
2018, by ______________________, its Mayor and _________________________ its City
CITY OF ELK RIVER
Manager for the , a Minnesota municipal corporation, on behalf of the
corporation.
Notary Public
S-1
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LICENSEE:
PIPE PORTFOLIO OWNER (MULTI) LP,
a Delaware limited partnership
By: PIPE PORTFOLIO GP LLC,
a Delaware limited liability company, its
general partner
By: WPC HOLDCO LLC,
a Maryland limited liability company, its
sole member
By: W. P. CAREY INC.,
a Maryland corporation, its sole member
By: ________________________
Name:
Title:
STATE OF ____________ )
) SS
COUNTY OF ____________ )
The foregoing instrument was acknowledged before me this ____ day of __________,
W. P. CAREY INC.
2018, by _____________________, the __________________ of , a
WPC HOLDCO LLC
Maryland corporation, as sole member of , a Maryland limited liability
PIPE PORTFOLIO GP LLC
company, as sole member of , a Delaware limited liability
PIPE PORTFOLIO OWNER (MULTI) LP
company, as general partner of , a Delaware
limited partnership.
Notary Public
Drafted by:
City of Elk River
13065 Orono Parkway
Elk River, MN 55330
S-2
Error! Unknown document property name.
EXHIBIT A
Description of Licensor’s Property
THAT PART OF LOT 8, AUDITOR’S SUBDIVISION NO. 3, IN THE
VILLAGE OF ELK RIVER, SHERBURNE COUNTY, MINNESOTA LYING
NORTHERLY OF A LINE COMMENCING AT A POINT ON THE WEST
LINE OF LOT 8, 360 FEET DISTANT NORTH OF THE IRON PIPE AT THE
SOUTHWEST CORNER OF LOT 8; THENCE EASTERLY AND PARALLEL
WITH THE SOUTH LINE OF SAID LOT 8 TO THE BURLINGTON
NORTHERN SANTE FE RAILWAY (FORMERLY THE GREAT NORTHERN
RAILROAD) RIGHT OF WAY AND THERE TERMINATING; AND WEST
OF A LINE RUNNING PARALLEL WITH AND 240 FEET DISTANT EAST
OF THE WEST LINE OF SAID LOT 8.
(Sherburne County PID 75-402-0082).
A-1
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EXHIBIT B
Description of the License Area
A license for parking purposes over, under, and across that part of Lot 8, AUDITOR'S
SUBDIVISION NO. 3, more particularly described as follows:
That part of said Lot 8 lying Southwesterly of the BNSF Railroad southwesterly right of way line
and North of the South 672.6 feet.
AND
The North 130 feet of the South 490 feet of the West 240 feet of said Lot 8.
Contains 57,022 square feet, more or less.
B-1
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Quit Claim Deed
Corporation or Partnership to Corporation or Partnership
STATE DEED TAX DUE HEREON: $ 1.65 Date: __________________, 2018
FOR VALUABLE CONSIDERATION, The City of Elk River, a Minnesota municipal
corporation, Grantor, hereby conveys and quitclaims to PIPE PORTFOLIO OWNER (MULTI)
LP, a Delaware limited partnership, Grantee, real property in Sherburne County, Minnesota,
described as follows:
That part of the Southwest ¼ of the Northeast ¼ of Section 33, Township 33, Range 26,
Sherburne County, Minnesota, described as follows, that lies West of the northerly extension of
Quinn Avenue:
Beginning at the northwest corner of the Southwest ¼ of the Northeast ¼ of Section 33,
Township 33, Range 26 and running thence east along the east and west 1/16 section line of the
Northeast ¼ of said Section 33, a distance of 914.8 feet; thence north a distance of 33 feet;
thence west and parallel to above 1/16 section line, a distance of 914.8 feet; thence south a
distance of 33 feet to the point of beginning and being a part of Lot 8, Auditor’s Subdivision No
3, Sherburne County, Minnesota.
together with all hereditaments and appurtenances belonging thereto. This deed is given to
release all of the Grantor’s interest in the within property.
Grantor certifies that Grantor is unaware of any wells on the above described property.
The consideration for this deed is less then $500.00.
1
Error! Unknown document property name.
City of Elk River
By:
__________________________________
Its Mayor
By:
__________________________________
Its: City Manager
STATE OF
} ss
COUNTY OF
The foregoing instrument was acknowledged before me this day of ,
2018, by _________________________ and ________________________ the Mayor and City
Manager respectively of City of Elk River., a Minnesota municipal corporation, Grantor, on
behalf of the corporation.
Notary Public
THIS INSTRUMENT WAS DRAFTED Tax Statements should be mailed to:
BY:
PIPE PORTFOLIO OWNER (MULTI) LP
Best & Flanagan LLP (MVP)
60 South Sixth Street, Suite 2700
Minneapolis, MN 55402
(612) 339-7121
Error! Unknown document property name.2
Quit Claim Deed
Corporation or Partnership to Corporation or Partnership
STATE DEED TAX DUE HEREON: $ 1.65 Date:____________________, 2018
FOR VALUABLE CONSIDERATION, The City of Elk River, a Minnesota municipal
corporation, Grantor, hereby conveys and quitclaims to PIPE PORTFOLIO OWNER (MULTI)
LP, a Delaware limited partnership, Grantee, real property in Sherburne County, Minnesota,
described as follows:
See Exhibit A attached hereto and made a part hereof by reference.
together with all hereditaments and appurtenances belonging thereto. This deed is given to
release all of the Grantor’s interest in the within property.
Grantor certifies that Grantor is unaware of any wells on the above described property.
The consideration for this deed is less then $500.00.
1
Error! Unknown document property name.
City of Elk River
By:_________________________________
Its Mayor
By:_________________________________
Its: City Manager
STATE OF
} ss
COUNTY OF
The foregoing instrument was acknowledged before me this day of
_________________________________, 2018, by _______________________________ and
________________________ the Mayor and City Manager respectively of City of Elk River, a
Minnesota municipal corporation, Grantor, on behalf of the corporation.
Notary Public
THIS INSTRUMENT WAS DRAFTED Tax Statements should be mailed to:
BY:
PIPE PORTFOLIO OWNER (MULTI) LP
Best & Flanagan LLP (MVP)
60 South Sixth Street, Suite 2700
Minneapolis, MN 55402
(612) 339-7121
Error! Unknown document property name.2
EXHIBIT “A”
Parcel 1
That part of Meadowvale Road, also known as Military Road, as shown on the plat of
AUDITOR’S SUBDIVISION NO. 3, which adjoins Lots, 11, 12, 13, 14, and 15 of said
AUDITOR’S SUBDIVISION NO. 3 and which lies East of the northerly extension of the East line
of Upland Ave. NW, also known as County Highway No. 44.
Parcel 2
th
That part of 8 Street which lies West of the Quinn Avenue, located over, under and across
part of AUDITOR’S SUBDIVISION NO. 3.
AND
th
That part of 8 Street which lies West of the Quinn Avenue, located over, under and across
part of AUDITOR’S SUBDIVISION OF LOT 6 OF AUDITOR’S SUBDIVISION NO. 3.
Parcel 3
That part of Industrial Boulevard which lies West of the northerly extension of the West line
of Quinn Avenue, located over, under and across part of AUDITOR’S SUBDIVISION NO. 3.
Error! Unknown document property name.3
(Reserved for Recording Data)
QUIT CLAIM DEED
STATE DEED TAX DUE HEREON: $1.65
Dated: ___________________, 2018.
FVCPIPE PORTFOLIO OWNER (MULTI) LP,
, a
OR ALUABLE ONSIDERATION
CITY OF ELK
Delaware limited partnership as Grantor, hereby conveys and quitclaims to the
RIVER,
a Minnesota municipal corporation, situated in Sherburne County, Minnesota, Grantee,
real property in Sherburne County, Minnesota, described as follows:
See Exhibit A attached hereto and made a part hereof by reference and
depicted on Exhibit B attached hereto and made a part hereof by reference.
together with all hereditaments and appurtenances belonging thereto.
Grantor certifies that Grantor is unaware of any wells on the above described property.
The consideration for this transfer was less than $500.00.
1
Error! Unknown document property name.
PIPE PORTFOLIO OWNER (MULTI) LP,
A DELAWARE LIMITED PARTNERSHIP
By: PIPE PORTFOLIO GP LLC,
a Delaware limited liability company, its general
partner
By: WPC HOLDCO LLC,
a Maryland limited liability company, its sole
member
By: W. P. CAREY INC.,
a Maryland corporation, its sole member
By:
Name:
Title:
STATE OF ________________)
) ss.
COUNTY OF _____________ )
The foregoing instrument was acknowledged before me this day of ,
2018, by ________________________, the __________________ of W. P. CAREY INC., a
Maryland corporation, as sole member of WPC HOLDCO LLC, a Maryland limited liability
company, as sole member of PIPE PORTFOLIO GP LLC, a Delaware limited liability company,
as general partner of PIPE PORTFOLIO OWNER (MULTI) LP, a Delaware limited partnership.
Notary Public
Check here if part or all of the land is Registered (Torrens)
DRAFTED BY: Tax Statements for the real property
CAMPBELL KNUTSON
described in this instrument should be sent to:
Professional Association
City of Elk River
Grand Oak Office Center I 13065 Orono Parkway
860 Blue Gentian Road, Suite 290 Elk River, Minnesota 55330
Eagan, Minnesota 55121
Telephone: 651-452-5000\]
AMP/smt
Error! Unknown document property name.2
EXHIBIT “A”
LEGAL DESCRIPTION
Parcel 1:
That part of Lot 8, Auditors Subdivision No. 3, Sherburne County, Minnesota, lying East of the
Northerly extension of the West line of Quinn Avenue NW; lying West of the Northerly extension
of the East line of Quinn Avenue NW and lying Northerly of the Southerly 33 feet thereof.
Abstract.
Parcel 2:
That part of the Southerly 33 feet of Lot 8, Auditors Subdivision No. 3, Sherburne County,
Minnesota, lying East of the Northerly extension of the West line of Quinn Avenue NW; lying
West of the Northerly extension of the East line of Quinn Avenue NW.
Abstract.
Error! Unknown document property name.3
EXHIBIT “B”
PROPERTY DEPICTION
SEE ATTACHED
Error! Unknown document property name.4