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4. TERMINATION OF AGREEMENT. The City may,at its sole discretion, <br /> terminate this Agreement at any time by giving the Owner of the Subject Property thirty(30)days <br /> advance written notice. The Owner shall,at its own expense,remove the Encroachment. If the <br /> Owner fails to remove the Encroachment upon notice by the City,the City may do so and the <br /> Owner agrees to promptly reimburse the City for any costs the City incurs. <br /> 5. RECORDING. This Agreement shall run with the land and shall be recorded <br /> against the title to the Subject Property. <br /> 6. BINDING AFFECT. This Agreement is binding upon the parties,their successors <br /> and assigns. <br /> IN WITNESS WHEREOF,this Agreement was executed by the parties the day and year <br /> first above written. <br /> CITY OF ORONO: <br /> By. <br /> jt • 11/4 <br /> (SEA, j ,,' Lili Tod McMillan,Mayor <br /> And ao /L -P ' O GC. <br /> ii ____, <br /> `' Rachel Dodge,City Clerk <br /> STATE OF MINNESOTA ) <br /> ( ss. <br /> COUNTY OF HENNEPIN ) <br /> The foregoing instrument was acknowledged before me this 1 5 day of <br /> 2013,by Lili Tod McMillan and by Rachel Dodge,respectively,the Mayor and City Cle of the <br /> City of Orono,a Minnesota municipal corporation,on behalf of the corporation and pursuant to the <br /> authority granted by its City Council. <br /> ./Yllr,/Yl./llJlllllll./l./YY✓YY✓.,S , nn ,, ,A� <br /> MONICA A.FADNESS \ <br /> *VIti-k-' q , ?-x_L <br /> � •a NOTARY PUBLIC-MINNESOTA NO Public <br /> ! My Commission Expires Jan.31,2017 <br /> FIJI./l./✓^✓./lllrl..l./.!./l!./l 1✓✓JS <br /> 164774 2 <br />