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' <br /> ry . <br /> AGREEMEN�.' <br /> 1 . Pari.ies . i'his is an agreement by and between <br /> Smith ' s Bay Mari�za, I��c. (hereinafter "Smith' s Bay" ) and the <br /> City of Orono, Minnesota (hereinaf�ter the "City") . <br /> 2 . ReciLals . <br /> a . Smith ' s Bay is the fee owner of the following <br /> legally ciescribed x•eal property: <br /> Lots 22 �::i? 23, "Ora Park" �n Lake Minnetorlka <br /> anr� tii�;: c�art of Lake Street lying between the <br /> ���_er:;;ian, of t;ie 5ia� iir�e cf sc,ici Lots 22 <br /> and 23 arid between the front lines of said <br /> Lots and i:he Northwesterly line of the Right <br /> of Way of County Highway No. 7 being a line <br /> parallel to and 33 feet Northwesterly from the <br /> center line of the existing pavement of said <br /> Higriway, Hennepin County, Minnesota <br /> (hereinafter "the property") ; <br /> b. The property contains three structures , � <br /> including a duplex and two cabins (hereinafter "duplex, " <br /> "Cabin 1" (south edge of lot) and "Cabin 2" (west edge <br /> of lot) , or collectively the "cabins") . <br /> � <br /> c. A� its meeting January 11, 1988, the City <br /> Council passed Re�olution No. 2349 attached hereto as <br /> Exhibit A finding Cabin 1 a hazardous building and <br /> ordering its repair or removal . <br /> d. At its rneeting on January 11, 1988, the City ' <br /> Council J;�assed Resolution No. 2350 (attached hereto as <br /> Exhibit B) , findinq Cabin 2 a hazardous building and <br /> orderi.nq its repair or removal . <br /> e. In tne above-referenced resolutions f:he City <br /> Council i.dentirierl a range of hazardous conditions, <br /> including tailure tu hook up eittier cabin to available <br /> City se�,�er . <br /> f . T'he City ser.ved on Smith' s Bay an Order to � <br /> Raze ancl izemove Hdzardous Building dated Navember 21, <br /> 1988 wriic�h is ai.i:��r.hed as Exhibit C. <br /> g . Smith ' :; Bay submitted an Answer to said Order <br /> dated Dec��r�ber ].� , 1988, denying the hazardous <br /> conditioiis alleged by the City. <br />